Tag: Mary Berner
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Cumulus Media Reports 2.5% Revenue Drop During 2nd Quarter
"While the advertising outlook remains uncertain, our advertisers continue to be focused on when – not if – they’re going to return to more typical spending levels."
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 Saw 11.4% Drop in Revenue in 2023
"We were able to offset some of the effects of the weak national advertising climate through strong execution in our key focus areas."
Westwood One Tabs Collin Jones to Replace Suzanne Grimes As President
“With his deep understanding of both Cumulus Media and Westwood One, Collin is uniquely qualified for this role and is well-prepared to harness the full power of our platform to help Westwood One grow."
Cumulus Media Up 5.4% in Q2
The company reported a net income of $8.7 million in the second quarter of this calendar year.
Cumulus Media Rejects Jeff Warshaw’s Offer
"Berner said Cumulus remains open to any other offers that may "drive superior shareholder value.""