SBS Restructures For Survival
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…
Cumulus on the Brink Again? The Numbers Are Raising Real Questions
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…
Cumulus Got The Court’s Blessing….Now The Real Handoff Starts
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 Nears Bankruptcy Exit After Creditor Support
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…
Static on the Dial: Cumulus Media’s Reckoning and the Question No One Wanted to Ask
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…
Plan Meets Resistance at Cumulus
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…