Tag: Cumulus Media Bankruptcy

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San Antonio Spurs Voice Jacob Tobey Exits Following Social Media Firestorm Over Cheating Allegations

Neither the Spurs nor Tobey has publicly detailed whether the reported departure directly resulted from the social media posts.

Adam Schefter, ESPN Approaching Multi-Year Contract Extension

Schefter's last ESPN contract was worth roughly $9 million annually.

SiriusXM CEO Jennifer Witz: Our Podcast Strategy Runs Counter to Netflix

"Some other platforms are taking a more exclusive approach. We found that open distribution makes the most sense for creators."

iHeartMedia Signs FCC Consent Decree Over Payola Allegations

iHeartMedia has reached a Consent Decree with the FCC...

Cumulus Receives Approval for Bankruptcy Restructuring

As part of the plan, the company will go private with its debt holders converting that debt into equity in the organization.

Cumulus Files for Prepackaged Chapter 11 Bankruptcy

"It became clear that Cumulus’s remaining debt burden limited our ability to fully realize the Company’s potential, and this agreement represents a major step forward."

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Adam Schefter, ESPN Approaching Multi-Year Contract Extension

Schefter's last ESPN contract was worth roughly $9 million annually.

SiriusXM CEO Jennifer Witz: Our Podcast Strategy Runs Counter to Netflix

"Some other platforms are taking a more exclusive approach. We found that open distribution makes the most sense for creators."

iHeartMedia Signs FCC Consent Decree Over Payola Allegations

iHeartMedia has reached a Consent Decree with the FCC...

Ben Shapiro Pushes Back on Candace Owens Over Charlie Kirk Comments

"I've said repeatedly that Charlie and I weren't best friends. Maybe you were best friends with Charlie. Maybe not. I don’t know, nor do I care."