Cumulus Wipes Away $550MM in Debt but the Real Test Begins Now
Cumulus Media has officially emerged from Chapter 11 bankruptcy protection, and if there was ever a company that needed a fresh financial start, this is certainly one of them. The…
Radio, Social Media, and Technology Can Reach Billions, but Patients Are Still Waiting. Where Is the Leadership?
An Urgent Open Letter to Bob Pittman, Kelli Turner, Mary Berner, Bill Wilson, Caroline Beasley, Alfred Liggins III, Ginny Morris, Elon Musk, Mark Zuckerberg, Joe Rogan, TechCrunch, and the Leaders…
The New Cumulus Is Coming….The Bigger Question Is: Who Will Be Driving It?
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…
Cumulus Hits Pause, Not Trouble: Radio Giant Awaits FCC Green Light As Financial Reset Moves Forward
One of America’s largest radio broadcasters is entering the next phase of its financial transformation—but the final piece of the puzzle now rests with federal regulators. Cumulus Media has secured…
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 Revenue Slips as Restructuring Plan Clears Key Hurdle
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…
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…
Judge Signs Off on Cumulus Restructuring
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 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…