Jay Leno has filed for a conversatorship over his wife Mavis.
07.01.2024 - 18:25 / variety.com
Todd Spangler NY Digital Editor Audacy, the troubled radio and audio-streaming company, said Sunday it filed plans for Chapter 11 bankruptcy reorganization to slash its debt. Audacy is the second-largest radio broadcaster in the U.S. (after iHeartMedia) with 235 owned radio stations across 48 markets.
The company’s stations include L.A.’s KROQ, KNX and KRTH; New York’s WFAN sports-talk radio and 1010 WINS; Atlanta’s V-103 (WVEE) and 92.9 The Game (WZGC); Chicago’s Newsradio 780 WBBM and 670 The Score (WSCR); San Francisco’s Alice (KLLC) and KCBS; and Seattle’s KISW. Through the restructuring, Audacy expects to eliminate about $1.6 billion of funded debt — a 80% reduction from approximately $1.9 billion — to $350 million. The Philadelphia-based company said it filed prepackaged Chapter 11 proceedings in the U.S.
Bankruptcy Court for the Southern District of Texas on Jan. 7, 2024. Audacy’s debtholders will receive equity in reorganized company.
Audacy expects the court will hold a hearing to consider the approval of the bankruptcy plan in February and to emerge from bankruptcy once regulatory approval is obtained from the FCC. David Field, Audacy’s chairman, president and CEO, cited a “perfect storm” of macroeconomic challenges for the bankruptcy reorg. “While our transformation has enhanced our competitive position, the perfect storm of sustained macroeconomic challenges over the past four years facing the traditional advertising market has led to a sharp reduction of several billion dollars in cumulative radio ad spending,” Field said in a statement.
Jay Leno has filed for a conversatorship over his wife Mavis.
Coronation Street bosses have thrown their support behind longest-serving Weatherfield legend Bill Roache, who plays Ken Barlow on the ITV soap. Bill, now 91, was reportedly forced to file "for bankruptcy" due to his financial situation. The reports come as a result of a petition he has now had launched against him by HMRC.
Saudi Arabia outfit Al-Nassr are reportedly lining up a huge bid for Manchester United star Casemiro.
Ali Krieger will never forget the day she found out her estranged wife, Ashlyn Harris, was divorcing her.
Anderson .Paak (whose real name is Brandon Paak Anderson) is filing for divorce from his wife, Jaylyn Chang (sometimes spelled Jae Lin Chang).
Lisa Bonet has filed for divorce from Jason Momoa, citing “irreconcilable differences.” The two announced their split two years ago, sharing it through a joint statement.Amber Heard talks about ‘pressure’ of role in Aquaman 2Jason Momoa and Eva Longoria lead fundraiser to aid victims of devastating Maui wildfiresBonet filed the papers on January 5th, listing their date of separation as October 7th, 2020. She’s requesting for joint legal and physical custody of their children, Lola, 16, and Nakoa-Wolf, 15, and is not requesting for spousal support. According to the documents, Bonet and Momoa have already agreed opn the split on the distribution of their property assets.
Lisa Bonet and Jason Momoa are officially going their separate ways.
Lisa Bonet and Jason Momoa are one step closer to being finally “free.”“The Cosby Show” alum has finally filed for divorce from the “Aquaman” actor, two years after announcing their split in January 2022.Bonet, 56, has asked the judge for a dissolution of marriage, according to new court docs obtained by TMZ. The exes were together for 12 years and married for nearly five. The actress cites the date of separation as Oct.
Lisa Bonet and Jason Momoa have decided to officially end their marriage.
Broadcaster Audacy filed for bankruptcy today, a move blamed on plummeting advertising for radio.
Cher’s son Elijah Blue Allman isn’t giving up on his marriage with his wife Marieangela King.
Bryan Abasolo is speaking out for the first time since filing for divorce from Rachel Lindsay.
Rachel Lindsay and her husband, Bryan Abasolo, have officially split. Abasolo filed for divorce on Sunday, noting that the pair have been “living different lives.” According to the filing obtained by the Blast, the chiropractor is seeking spousal support from his estranged wife. Abasolo, 43, is also claiming that the pair’s North Hollywood, California, home should be designated a community property.The pair, who met and fell in love on Season 13 of “The Bachelorette” in 2017, do not have any children.
Kathy Griffin is heading into the new year single!
Kathy Griffin is speaking out for the first time after filing for divorce from husband Randy Bick.
Kathy Griffin will be newly single in 2024.The comedian, 63, has filed for divorce from her husband, Randy Bick, just days before the two would have celebrated their fourth wedding anniversary.She listed the date of separation as Dec. 22, 2023, in court documents filed in Los Angeles Superior Court on Thursday, per Page Six.
Kathy Griffin is divorcing husband Randy Dick days before what would have been their fourth anniversary.
Cher has filed for a conservatorship over her son Elijah Blue Allman’s finances, court documents obtained independently by Variety reveal. Cher’s petition to become her 47-year-old temporary conservator is due to Allman being “currently unable to manage his assets due to severe mental health and substance abuse issues,” according to the filings. If the judge grants the conservatorship, Cher will receive distributions owed to Allman from the trust fund set up for him by his late father, Gregg Allman, for his benefit.
Cher has reportedly filed for a conservatorship of her youngest son, Elijah Blue Allman, over fears of alleged “severe” substance abuse issues.According to court documents filed in Los Angeles Superior Court obtained by People, the singer is requesting to be the sole conservator of her son’s estate, claiming he is “substantially unable to manage his financial resources”.The filing also states that a conservator is “urgently needed” to “protect Elijah’s property from loss or injury”, because he is “currently unable to manage his assets due to severe mental health and substance abuse issues”.The document adds that Allman’s estranged wife, Marie Angela King, is not fit to be conservator because of “their tumultuous relationship has been marked by a cycle of drug addiction and mental health crises”.It continues: “Elijah is entitled to regular distributions from the Trust, but given his ongoing mental health and substance abuse issues, [Cher] is concerned that any funds distributed to Elijah will be immediately spent on drugs, leaving Elijah with no assets to provide for himself and putting Elijah’s life at risk.”The filing concludes that Cher has reportedly “worked tirelessly to get Elijah into treatment and get him the help he needs”.“[Cher] loves Elijah immensely and has always acted with his best interests in mind,” the filing reads, adding that she’s been “unable to discuss his preferences concerning the appointment of a temporary conservator” because of his “current mental and physical health issues”.A hearing for a temporary order is currently set for January 5, 2024, while the hearing for a permanent order will follow on March 6, 2024.The filing comes after the pop icon was accused in September of hiring four men to
“Believe” icon is filing to be the sole conservator of her son’s estate because Allman is “substantially unable to manage his own financial resources.”“[Cher] has been unable to discuss Elijah’s preferences concerning the appointment of a temporary conservator because given Elijah’s current mental and physical health issues, discussed in detail in the concurrently filed Confidential Supplemental Information, he is unable to form or express a preference concerning the appointment of a conservator for his estate,” the docs reportedly read. Allman is allegedly experiencing issues with his mental health, as well as an addiction to substances, which he has allegedly dealt with in the past.