Cumulus Media Accelerates its Debt Reduction by Commencing $175 Million Debt Paydown
Cumulus Media Inc. today announced that it has initiated actions to pay down $175 million of debt using cash on hand.
Cumulus Media Inc. today announced that it has initiated actions to pay down $175 million of debt using cash on hand.
ATLANTA, May 05, 2021 — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three months ended March 31, 2021. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “Our first quarter results clearly reflect the benefits of our improved operating leverage in […]
Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Wednesday, May 5th at 8:30 AM ET to discuss its first quarter 2021 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET.
ATLANTA, Feb. 23, 2021 — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three months and year ended December 31, 2020. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “Given 2020’s extenuating circumstances, I am extremely proud of the Company’s performance […]
ATLANTA, Nov. 05, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three and nine months ended September 30, 2020. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “In the third quarter, the Company continued to focus on maximizing revenue […]
ATLANTA, Nov. 03, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced that the Company has completed its asset sale offer to purchase $47,164,000 aggregate principal amount of its 6.750% Senior Secured First-Lien Notes due 2026 (the “Notes”), at 100% plus accrued and unpaid interest to, but […]
ATLANTA, Oct. 09, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Thursday, November 5th at 8:30 AM ET to discuss its third quarter 2020 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. The conference call will […]
ATLANTA, Oct. 01, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced that the Company completed the initial closing of its tower portfolio monetization transaction for $208 million in gross proceeds on September 30, 2020. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, […]
ATLANTA, Aug. 10, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three and six months ended June 30, 2020. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “Despite the COVID-19 pandemic’s material impact on revenue, the Company generated over […]
ATLANTA, July 27, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Monday, August 10th at 8:30 AM ET to discuss its second quarter 2020 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. The dial-in number for […]