Mark your calendar for Mediaweek, October 29-30 in New York City. We’ll unpack the biggest shifts shaping the future of media—from tv to retail media to tech—and how marketers can prep to stay ahead. Register with early-bird rates before sale ends!
Interep spent Monday (Oct. 27) letting advertisers, agencies and the stations it represents know that it hasn’t shut its doors yet and is still conducting business. A trustee, attorney Kenneth Silverman, is working with CEO David Kennedy and executive management to preserve as much value in the company as possible, which could lead to a sale of all or part of the company. Meanwhile, all employees of Interep still have a job and for now, there are still two national radio rep firms.
“The trustee has determined that it is in the best interests of the debtors’ estates to continue the operations of the debtros and has arranged for ongoing funding of the trustee’s operations,” Silverman wrote in a letter sent to Interep’s clients Monday afternoon (Oct.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in