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Old May 15th 09, 11:35 PM posted to rec.radio.shortwave
PocketRadio PocketRadio is offline
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First recorded activity by RadioBanter: Dec 2008
Posts: 202
Default Univision and the rest of radio on the brink - LOL!

"Casinos, media join autos at risk of bankruptcy, bonds show"

Bonds of General Motors Corp. GM and auto supplier Visteon Corp. VC;
retailer Michaels Stores and theme-park operator Six Flags Inc. SIX;
media firm Univision; and leveraged buyouts Rite Aid Corp. RAD and
Station Casinos all are trading for under 25 cents on the dollar.

That means bond holders anticipate these companies may not be able to
keep up payments on their debt. Investors are only willing to hold the
bonds at a deep discount to face value of 100 cents of the dollar.

http://news.morningstar.com/newsnet/...A01F8_univ.xml

But HD Radio will save them - LOL! (actually, it might after it jams
all of the smaller broadcasters off the dial),