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 […]
Expected to Generate Net Proceeds of $71.3 Million ATLANTA, June 24, 2020 — Cumulus Media Inc. [NASDAQ: CMLS] (the “Company,” “Cumulus,” “we,” “us,” or “our”) today announced that it has closed on the sale of an approximately 75-acre parcel of land in Bethesda, Maryland to Toll Brothers, continuing to execute on its commitment to reducing […]
ATLANTA, May 21, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) (“Cumulus” or the “Company”) announced today the adoption of a short-term shareholder rights plan (the “Rights Plan”) designed to protect shareholder interests and maximize value for all shareholders. In adopting the Rights Plan, the Board has taken note of the unprecedented impact of the COVID-19 […]
ATLANTA, May 11, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three months ended March 31, 2020. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “Regardless of the challenge, the Cumulus team has focused acutely on what matters most, […]
ATLANTA, Ga., April 28, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Monday, May 11th at 4:30 PM ET to discuss its first quarter 2020 operating results. A press release containing a summary of these results will be issued before the call at approximately 4:00 PM ET. The dial-in number for […]
Due to public health concerns regarding COVID‐19 and government‐recommended and required limits on gatherings and events, our 2020 Annual Meeting of Stockholders will be conducted exclusively online by remote communication. A virtual event will assist in protecting the health and safety of our stockholders, employees and the community. The Annual Meeting will be held on […]
ATLANTA, March 19, 2020 — Cumulus Media Inc. (NASDAQ: CMLS) today announced that Frank Lopez-Balboa has been appointed Executive Vice President and Chief Financial Officer, effective March 23, 2020. Lopez-Balboa, who brings over 30 years of experience in finance, business strategy, M&A and executive leadership to Cumulus, will report to Mary G. Berner, President and […]