Tag: Cumulus Media

U.S. District Judge Jeannette Vargas issued the order Wednesday, ruling that the case must be paused under federal bankruptcy law.

"Reinvention in our business is far from a detour. Instead, we should treat reinvention as part of our ongoing professional growth."

"It feels wrong to say 'just keep your head down and do what you always do,' but I would say just keep your head down and do what you always do."

"Westwood One will again serve as the national audio home of the NCAA Division I Men's Basketball Championship, delivering play-by-play coverage of every game throughout the 2026 tournament as part of its long-running partnership with the NCAA."

We are three and a half months away from hosting one of the media industry's most important conferences. The 2026 Barrett Media Audio Summit...

"Success is defined by community. It’s not ad revenue, social media clicks, or pay for play insights. It’s community. To me in my personal life, I know that success for me is rooted in community."

The future of radio is in our hands. We didn't create this predicament, but we do have the opportunity to build that future.

For employees, competitors, and industry watchers, the first reaction is understandable. Bankruptcy carries a stigma that’s hard to shake. In most industries, it historically meant failure and liquidation.

"The connection that powers sports radio has never been the transmitter, the brand name on the building or the corporate strategy outlined in a quarterly earnings call. It’s the host behind the microphone building a daily relationship with an audience that chooses to spend time with them."

"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."