Tag: Cumulus Media Revenue
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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 Media’s Revenue Declines 11.5% During 2025’s 3rd Quarter
"We remain confident in our ability to position the Company for long-term success through strong execution and by maximizing value from the Company’s underlying assets.”
Cumulus Media Sees 9% Revenue Decline During 2025’s 2nd Quarter
The company added that digital revenue saw a slight decrease -- 1.4%, or $38.8 million -- during the quarter.
Cumulus Media Posts 6.4% Revenue Decline in First Quarter of 2025
Net losses for Cumulus mounted during the window, as it finished the quarter with a loss of $32.4 million.
Cumulus Media Posts 2.1% Revenue Decline in 2024
Overall, Cumulus reported a net loss of $283.3 million during the year.
Cumulus Media Sees Revenue Decline Under 2% During 2024 3rd Quarter
Digital revenue grew 7.5% year-over-year, up to $40.0 million during the quarter.
Cumulus Sees 7.3% Increase in Digital Revenue as Broadcast Radio Slides
"While our Q1 revenue was in line with guidance and a marked improvement from 2023 trends, it is also reflective of the uncertainty that continues to weigh on advertisers."
Cumulus Suggests Slight Revenue Drop in 2024 Q1 Preliminary Results
Cumulus will unveil its full first-quarter earnings on Friday, May 3rd.