For nearly three decades, Cumulus Media has been one of the defining names in American broadcasting. Through acquisitions, restructurings, industry booms, digital disruption, and changing listener habits, the company has…
Spanish Broadcasting System officially entered Chapter 11 bankruptcy protection on Sunday, marking one of the most significant financial restructurings in Hispanic media in recent years and adding yet another major…
The numbers don’t lie—and right now, they’re telling a story that’s getting harder to ignore. Cumulus Media is deep in the middle of a restructuring, but the latest financial results…
Bankruptcy court gave Cumulus a green light. Do not confuse that with a clean bill of health. What happened last week was not a victory lap. It was a transfer…
Cumulus Media moved closer to exiting Chapter 11 protection after creditors overwhelmingly approved its prepackaged reorganization plan, according to filings in the U.S. Bankruptcy Court for the Southern District of…
You can measure the state of American radio by how it whispers bad news. For years, the conversation around Cumulus Media was carried in caveats: “They’re doing okay in key…
There’s always a version of the story companies want you to hear. Then there’s the version that shows up in court. Right now, Cumulus Media is learning the difference between…