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MediaCo Keeps Buying Time From Its Lenders

MediaCo's lenders are handing it another short runway. The multicultural broadcaster has secured a one-month extension on a key loan, but the agent's acknowledgment that defaults are continuing keeps the pressure on a company already carrying a going concern warning from its audi

Radio Ink·November 9, 2026· 451 reads·Source: Radio Ink
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MediaCo's lenders are handing it another short runway. The multicultural broadcaster has secured a one-month extension on a key loan, but the agent's acknowledgment that defaults are continuing keeps the pressure on a company already carrying a going concern warning from its auditors.


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Read the full story at Radio Ink
https://radioink.com/2026/11/09/mediaco-keeps-buying-time-from-its-lenders/

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