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
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.
Read the full story: Radio Ink


