<a href="https://laohu8.com/S/BMTM">Bright Mountain</a> Media Amends Credit Agreement, Defers Loan Payments and Issues Shares to Centre Lane Partners
**Bright Mountain Media Amends Senior Secured Credit Agreement** Bright Mountain Media, Inc. announced it has entered into the Twenty-Third Amendment to its Amended and Restated Senior Secured Credit Agreement with Centre Lane Partners and other lenders, effective September 30, 2025. Key changes include reducing the September 2025 quarterly payment on the First Out Loans from $575,000 to $250,000, deferring the difference until the loans' maturity date of December 20, 2026. The company also deferred the entire September 2025 quarterly installment on the Second Out Loans to the same maturity date. Additionally, interest payments due for the period ending September 30, 2025, totaling approximately $257,000, will be paid in kind rather than in cash. As part of the amendment, Bright Mountain Media issued 2,832,485 shares of its common stock to Centre Lane Partners, bringing the firm's ownership stake to about 25%. As of October 6, 2025, the outstanding balance under the credit agreement is approximately $83.3 million.
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