Cape Cod B'casting bankruptcy filing

[Bob Nelson]

http://bostonherald.com/jobfind/news/media/view/20090925cape_cod_broadcasting_files_for_bankruptcy/srvc=home&position=also

A bit more from the Herald which says that there are no plans to sell the stations and they will keep running but they
need a half million dollars to re-structure; the debt of $10 million or so is partially due to the "debt service" including
the original purchase of two stations from Charles River Broadcasting. Add the declining ad market to that, according to
Michael Harrison, and you have a good idea of "the plight" local radio can face.