Among the many documents added to the docket report in Audacy Inc. federal bankruptcy case being heard in a Houston court is a 17-page “Master Service List” outlining the top 30 unsecured creditors of the audio content creation and distribution company led by CEO David Field.
The unsecured creditors include Fox Corporation and iHeartMedia Entertainment Inc., in addition to Broadcast Music, Inc. However, Audacy has petitioned the court for an infusion of funds associated with BMI’s sale. This, in turns, settles years of back-and-forth disputes regarding royalty payments BMI claims Audacy owes.