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 Media reported weaker first-quarter results as the company continues working through its Chapter 11 restructuring, even as it reaches a critical milestone in the process. For the quarter ending…
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…
The waiting game is over, and now the real work begins. A federal bankruptcy judge has approved Cumulus Media’s plan to restructure its finances, clearing a major hurdle for one…
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…