Bright Mountain Media Amends Credit Agreement, Deferring $1.2M Payment and $201K Interest

Bright Mountain Media amended its Senior Secured Credit Agreement, deferring a $1.2 million principal payment and a $201,000 interest payment on its Second Out Loans until December 20, 2026. The amendment also requires the company to notify lenders of terminations or material modifications to agreements with key vendors, or intent to engage additional vendors meeting certain criteria. This provides short-term financial flexibility but also signals potential financial strain and increased lender oversight.