As Cumulus Media heads to Wall Street to sell $610 million in new bonds it has spelled out how it will handle the financing to create a $4 billion-plus company. That’s the radio giant (second only to ...
One of the broadcast media industry’s largest radio station groups, which the parent of the Westwood One national radio arm, has filed a sweeping federal antitrust lawsuit against the dominant ...
Cumulus filed for Chapter 11 bankruptcy on Thursday (March 5), with the radio company citing the rise of streaming and $600M ...
If you want to know who really controls Cumulus Media Inc. (NASDAQ:CMLS), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company ...
Just a few weeks after contract negotiations broke down between Cumulus Media and The Ticket’s Dan McDowell and Jake Kemp, Susquehanna Radio, the company’s parent, has filed a lawsuit alleging the two ...
Cumulus Media Inc. (NASDAQ: CMLS) stock has touched a 52-week low, falling to $1.12, as the company faces a challenging market environment. Over the past year, the media group has seen its stock value ...
Citadel, of course, as the Journal notes, “now operates under the name of parent company Cumulus Media Inc. — following a buyout last year” and “is countersuing the radio host.” Finebaum’s suit ...
Cumulus Media Inc. said it expects the pending acquisition of the radio business of Susquehanna Pfaltzgraff to be completed in May. It issued an update to media and business analysts today. Cumulus ...
In this clip segment fromMarket Foolery, Chris Hill andSimon EricksondiscussCumulus Media (NASDAQ: CMLS)and the other side of penny stocks. Shares of Cumulus are down nearly 90% in the past year, now ...
The static is getting louder at slumping radio station giant Cumulus Media. After months of watching the stock sink, Cumulus’s biggest shareholder, Crestview’s Jeffrey Marcus, pushed out founder Lew ...
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