Business

"We're hiring five people in each market, and launching daily local podcasts and newsletters in the fall."

"ESPN Social recorded over 978 million engagements on social media, making it the number-one sports property for the 43rd consecutive month."

"If MSG Networks is not successful in negotiating a refinancing or work-out of its indebtedness, the company believes it is probable that MSG Networks and/or its subsidiaries would seek bankruptcy protection or the lenders would foreclose on the MSG Networks collateral securing the credit facilities."

During Montague’s time with the stations, he has risen through the ranks, serving in positions related to Promotions, Events, and Project Management.

Based at the company headquarters in Birmingham, Bell will be responsible for driving revenue, leading sales teams, and shaping SummitMedia’s sales strategy across its nine markets.

"This provides the company with the flexibility to remain focused on creating shareholder value in 2025 and beyond.”

Audacy has been the ad sales and distribution partner for the television brand's sports division since 2022.

"Policymakers must act now to ensure broadcasters can continue serving the public effectively, before it’s too late.”

“Pete is a proven leader with deep experience in consumer products, and we’re thrilled to have him join the team to lead this new platform,”

Overall, Cumulus reported a net loss of $283.3 million during the year.