Cumulus filed for Chapter 11 bankruptcy on Thursday (March 5), with the radio company citing the rise of streaming and $600M ...

Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt.

If the first major Q2 2024 earnings call for radio forecasts anything, there will again be plenty of digital talk for the next few weeks. While posting a mild decline in revenue, Cumulus Media saw a ...

With an eye on shedding around $600 million in debt, Cumulus Media has once again filed for prepackaged Chapter 11 bankruptcy ...

National advertising and interest rates have suppressed equity of Cumulus, leaving opportunity for outsized gains. Cumulus has reached an inflection point in its growth business vertical of digital ...

Cumulus Media’s second-quarter revenues declined amidst a “frustrating” industry environment and, although cost-cutting will continue to be part of its future, its leadership said it’s still committed ...

Waltham, MA /PRNewswire/ - Cumulus Digital Systems, a global connected worker platform, today announced the launch Cumulus AI, a first-of-its-kind solution that empowers users to instantly transform ...

(1) Adjusted EBITDA, total debt at maturity and net debt less total unamortized discount are not financial measures calculated or presented in accordance with accounting principles generally accepted ...

Cumulus Media on Tuesday morning released its fourth quarter earnings report. On its surface, it is a downbeat assessment of the audio content creation and distribution company’s final three months of ...