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Cumulus Media, Inc.

NASDAQ · Communication Services · Broadcasting · US

$0.01
−9.09%
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  • Sep 2, 2026, 23:00 UTC

    MARC Media Group agreed to acquire three radio stations (WAOA, WHKR, WROK) on Florida's Space Coast from Cumulus Media, with MARC operating them under a local marketing agreement pending FCC approval.

  • Aug 25, 2026, 23:59 UTC

    The US Court of Appeals for the Second Circuit formally issued a mandate on Tuesday, vacating the stay that had frozen Cumulus Media's antitrust injunction against Nielsen and confirming the injunction is back in force.

  • Aug 20, 2026, 19:49 UTC

    The Federal Communications Commission approved Cumulus Media's Chapter 11 reorganization plan, the last major obstacle to the company's exit from bankruptcy, which aims to eliminate approximately $600 million in debt.

  • Aug 14, 2026, 00:00 UTC

    Cumulus Media Inc reported Q2 2026 GAAP net revenue of $167.9 million, down 9.7% year-over-year, with a net loss of $9.2 million and diluted loss per share of $0.52.

  • Jul 29, 2026, 13:45 UTC

    Alden Global Capital, through its president Heath Freeman, acquired a 31.86% voting interest in Cumulus Media via Next Gen Radio Enterprises LLC, pending regulatory approval.

  • Jul 15, 2026, 12:30 UTC

    Cumulus Media signed a commercial license agreement for Xperi's AutoStage Broadcaster Portal Premium radio audience measurement service.

  • Jul 14, 2026, 16:45 UTC

    The United States Court of Appeals for the Second Circuit rules in favor of Cumulus Media in its antitrust suit against Nielsen, upholding a preliminary injunction against Nielsen's tying policy.

  • Jul 8, 2026, 17:00 UTC

    Cumulus Media promoted Don Boyd to Regional Vice President, adding oversight of stations in Baton Rouge, Lafayette, New Orleans, and Columbus-Starkville to his existing duties.

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