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Interep National Radio Sales, Inc. Bankruptcy Case

Interep National Radio Sales, Inc.

Chapter 7

Case No. 08-11079·New York Southern·Petition date Mar 20, 2008

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OverviewProfessionals

Key professionals

Financial Advisor

Kroll Zolfo Cooper LLC

Investment Banker

Jefferies & Company, Inc.

Judge: Robert D. Drain
Petition assets: $50M–$100M
Petition liabilities: $100M–$500M
Industry: Media
Debtors: 11

Interep National Radio Sales, Inc. is the nation's largest independent radio advertising representative, operating 16 offices nationwide serving radio stations and advertisers across all 50 states. As exclusive agent for national spot radio airtime, commissions represent approximately 90% of consolidated revenues. Subsidiaries include Azteca America Spot Television Sales, the only independently-owned Hispanic TV rep firm (~50 stations), and Interep Interactive, the largest independent Internet ad sales firm. The company employed 365 people as of March 2008.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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