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NASDAQ CMLS $4.85 0.00 0.00% Last Updated: Wednesday, Sep 27th

Cumulus Media Reports Operating Results for the Second Quarter 2023

ATLANTA, GA — July 28, 2023: 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, 2023.

Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “Despite continued challenges in the overall market, our second quarter revenue performed in-line with expectations while Adjusted EBITDA exceeded them. As in prior quarters, we generated strong revenue growth in our digital marketing services business, implemented meaningful cost reductions, and further improved our balance sheet by generating cash from operations and reducing our total and net debt to the lowest levels in more than a decade. Additionally, we executed a highly accretive and opportunistic tender offer, which resulted in the retirement of approximately 10% of our shares outstanding.”

Berner continued, “Our proven track record of strong operational and financial execution in adverse conditions gives us unwavering confidence in our ability to optimize results in the current weak ad market and rebound strongly when the environment improves. In the meantime, we will continue to invest in our digital businesses, further enhance our operating leverage through additional cost reductions, and execute on our strategy to opportunistically deploy capital to maximize long-term shareholder value.”

Date Article Title
7/28/23 Cumulus Media Reports Operating Results for the Second Quarter 2023
7/10/23 Cumulus Media Announces Conference Call to Discuss Second Quarter 2023 Operating Results
6/14/23 Cumulus Media Announces Final Results of Tender Offer
6/12/23 Cumulus Media Announces Preliminary Results of Tender Offer
5/12/23 Cumulus Media Announces Modified Dutch Auction Tender Offer to Purchase up to $10 Million of its Outstanding Class A Common Stock
4/27/23 Cumulus Media Reports Operating Results for the First Quarter 2023
4/12/23 Cumulus Media Announces Conference Call to Discuss First Quarter 2023 Operating Results
2/23/23 Cumulus Media Reports Operating Results for 2022
10/28/22 Cumulus Media Reports Operating Results for the Third Quarter 2022
10/4/22 Cumulus Media Announces Conference Call to Discuss Third Quarter 2022 Operating Results
Previous Financial Releases
Date Article Title
9/12/23 Cumulus Media Appoints Melissa Forrest as Vice President/Market Manager for Atlanta Market
9/6/23 Cumulus Media’s Westwood One Launches 37th Consecutive Season as the Exclusive Primetime Network Radio Partner of the NFL
9/6/23 Cumulus Media Announces Expanded Partnership With Rich Eisen
8/31/23 Cumulus Media Turns Up “Your Music First” Audio Series With New Installment Featuring the Stories Behind the Making of Gucci Mane’s New Single, “There I Go”
7/31/23 Cumulus Media Kicks Off Next Installment of “Your Music First” Audio Series Featuring the Stories Behind the Making of Three-Time GRAMMY-Winning Duo Dan + Shay’s New Single, “Save Me The Trouble”
7/28/23 Cumulus Media Reports Operating Results for the Second Quarter 2023
7/26/23 Six Cumulus Media Radio Stations and Personalities Named 2023 Marconi Radio Awards Finalists
7/11/23 Cumulus Media Names David Cohn Senior Vice President, Sales & Digital Partnerships at Westwood One
7/10/23 Cumulus Media Announces Conference Call to Discuss Second Quarter 2023 Operating Results
6/14/23 Cumulus Media Announces Final Results of Tender Offer
6/12/23 Cumulus Media Announces Preliminary Results of Tender Offer
6/5/23 Cumulus Media Launches “Your Music First” Audio Series Featuring the Stories Behind the Making of ACM Vocalist of the Year Lainey Wilson’s New Single, “Watermelon Moonshine”
6/5/23 Cumulus Media and Signal Hill Insights Release Podcast Download – Spring 2023 Report Revealing Latest Podcast Trends
5/30/23 Cumulus Media’s Westwood One Presents Exclusive Multiplatform Audio Coverage of the 2023 NCAA® Women’s College World Series
5/25/23 Westwood One Presents Exclusive Multiplatform Audio Coverage of the 2023 NCAA® Men’s Lacrosse Semifinals and Championship Games over Memorial Day Weekend
5/15/23 Cumulus Media Takes Music Fans Behind the Curtain With Exclusive Audio Content Featuring Janelle Monáe and Her New Single “Lipstick Lover”
5/12/23 Cumulus Media Announces Modified Dutch Auction Tender Offer to Purchase up to $10 Million of its Outstanding Class A Common Stock
5/8/23 Cumulus Media’s “Your Music First” Multi-Week Audio Series Takes Rock and Alternative Listeners Behind the Scenes With Jared Leto of Thirty Seconds To Mars and the Making of The Band’s New Single, “Stuck”
5/3/23 Bleav Joins the Cumulus Podcast Network
4/26/23 Cumulus Media Promotes Brandon Berman to President of Sales at Westwood One
4/25/23 Cumulus Media and PickleJar Partner to Create Daily Radio Show “PickleJar Up All Night” to Air Across 47 Cumulus Country Stations
4/24/23 New Studies Reveal Power of AM/FM Radio in Cars
4/12/23 Cumulus Media Announces Conference Call to Discuss First Quarter 2023 Operating Results
4/3/23 Cumulus Media’s “Your Music First” Multi-Week Audio Series Takes Listeners Behind the Scenes With Three-Time GRAMMY Winner and Hitmaker Darius Rucker, Who Returns to Country Radio With New Single, “Fires Don’t Start Themselves”
3/30/23 Cumulus Media’s Westwood One’s Terri Clark Wins Gracie Award for Weekend Host / Personality
3/30/23 Cumulus Media’s Westwood One Presents Exclusive Full-Court Audio Coverage of the 2023 NCAA® Men’s and Women’s Final Four® and National Championship Games on Multiple Platforms
3/23/23 Cumulus Media’s Westwood One Presents Exclusive Live Audio Coverage of the 2023 NCAA® Division I Women’s Basketball Championship
3/23/23 Cumulus Media’s Westwood One Presents Exclusive Multi-Platform Audio Coverage of the 2023 NCAA® Division I Men’s Basketball Sweet Sixteen® and Elite Eight®
3/14/23 Cumulus Media’s Westwood One Presents Exclusive Multiplatform Audio Coverage of the 2023 NCAA® Men’s Basketball Tournament
3/6/23 Cumulus Media Takes Listeners Behind the Scenes of GRAMMY® Award-Winning Icon Shania Twain’s New Single “Giddy Up!” in First Adult Contemporary Episodes of New Multi-Week Audio Series, “Your Music First”
3/3/23 Cumulus Media’s Westwood One Presents Audio Coverage of 2023 NCAA Basketball Conference Championship Week
2/27/23 Cumulus Media Launches Mark Levin’s Official Podcast Channel on YouTube
2/23/23 Cumulus Media Reports Operating Results for 2022
2/21/23 Cumulus Media | Westwood One Audio Active Group® Releases Brand New Analysis of the NCAA March Madness Audience
2/15/23 Cumulus Media Promotes Elizabeth Pembleton to Regional Vice President/Market Manager for Allentown, PA, and Wilkes-Barre/Scranton, PA
2/9/23 Westwood One Presents Super Bowl LVII Game-Day Coverage with an All-Star Broadcast Team
2/6/23 Cumulus Media to Bring America’s Best New Music Front and Center with Exclusive Artist Commentary Through “Your Music First” Audio Series
2/1/23 Cumulus Media Announces Conference Call to Discuss Fourth Quarter and Full Year 2022 Operating Results
1/27/23 Westwood One to Broadcast NFL Conference Championship Sunday, Presented by Intuit Turbo Tax
1/19/23 Cumulus Media | Westwood One Audio Active Group® Releases First-Ever Look at the NFL Postseason Audience
1/12/23 Westwood One Presents NFL Super Wild Card Weekend
1/11/23 Cumulus Media Introduces Rich Valdés America at Night
1/4/23 Cumulus Media Appoints Darlene Park as Vice President/Market Manager for Cumulus Indianapolis
12/14/22 The Shawn Ryan Show Joins the Cumulus Podcast Network
12/8/22 Cumulus Media’s Westwood One Presents Exclusive National Audio Coverage of the Army-Navy Football Game
12/5/22 Cumulus Media Promotes John Lewis to Regional Vice President/Market Manager for Cumulus Huntsville, AL, and Cumulus Chattanooga, TN
12/1/22 Cumulus Media’s Westwood One Adds “The Matt Walsh Show” to Syndicated Radio
11/29/22 Cumulus Media and Signal Hill Insights Release Podcast Download – Fall 2022 Report Revealing Latest Podcast Trends
11/21/22 Cumulus Media Releases Analysis of Edison’s “Share Of Ear” Q3 2022
10/28/22 Cumulus Media Reports Operating Results for the Third Quarter 2022
10/17/22 Cumulus Media’s Westwood One Names Rich Valdés to Succeed Jim Bohannon as Host of “The Jim Bohannon Show” Beginning Monday, October 17
10/13/22 Cumulus Media Promotes Paula Divello to Vice President/Market Manager of Cumulus Montgomery, AL
9/29/22 Cumulus Media Introduces Hello Ross Podcast
9/28/22 Cumulus Media Welcomes Afford Anything Podcast to the Cumulus Podcast Network
Previous Company Releases
Date Article Title
9/21/23 Cumulus Media Promotes Nina Montgomery to Program Director for Shreveport Radio Stations Q 97.3 FM and Lite Rock 100.7 FM
8/28/23 Cumulus Media Expands Live and Local Sports Coverage in South Carolina With the Launch of The Game Sports Radio Network
7/31/23 Sportsradio 96.7FM/1310 AM The Ticket/KTCK-FM Kicks Off Exciting New Midday Makeover in DFW
7/31/23 Cumulus Media Names Michelle Matthews as Program Director for 96.3 WDVD-FM in Detroit
7/31/23 Cumulus Media Names Dave Gibson as Morning Co-Host on Allentown’s Classic Rocker 99.9 The Hawk, WODE-FM
7/24/23 Cumulus Media Albuquerque Helps Local Shelters Fight the Effects of Heat on Area Homeless Community Through Bottled Water and Supplies Drive
7/24/23 Cumulus Albuquerque Radio Stations Honored With Nine New Mexico Broadcasters Association Excellence in Broadcasting Awards
7/21/23 Providence Radio Personality Bekah Berger Joins Giovanni and Jay Buff as Co-Host of Cumulus Media’s 92 PRO-FM/WPRO-FM Morning Show
7/20/23 Cumulus Media Promotes Ann Thomas as Program Director for Detroit News/Talk Radio Powerhouse, WJR 760AM
7/10/23 Cumulus Media’s KFRU to Debut Live and Local Afternoon News/Talk Program, “Columbia Today,” Hosted by Ted Farnen, Journalist and Former Missouri State Rep
7/10/23 Cumulus Media Signs Influential Atlanta Rock Radio Personality Steve Craig as Program Director and Midday On-Air Host for 99X
7/6/23 Cumulus Media’s 97 Rock/WGRF-FM Taps Veteran Classic Rocker John Mathews as On-Air Host, Middays, in Buffalo, NY
6/20/23 Cumulus Media Announces Programming Leadership Changes for Powerhouse Chicago and Minneapolis Rock Radio Stations
6/5/23 760 WJR Hall Of Fame Broadcaster Paul W. Smith Launches “Focus” And Moves To Middays
5/30/23 Cumulus Media’s 92Q/WQQK-FM Presents Free “Family Day in the Park” on Saturday, June 3rd, at Nashville’s Historic Hadley Park
5/26/23 Cumulus Media Classic Rock Station I-95/WIXV-FM Named Best Local Radio Station in Savannah in Connect Savannah’s 2023 Best Of Savannah Awards
5/17/23 Cumulus Media Promotes Joe Brown to Regional Digital Sales Manager for Cumulus Allentown/Wilkes-Barre/Scranton, PA, Markets
5/11/23 Cumulus Media’s WOSH 93.9/1490 and 103.9 WVBO Honored at the 2023 Wisconsin Broadcasters Association Awards Gala
4/26/23 Cumulus Media Taps Mike O’Reilly as New On-Air Host for 94.9 KCMO Morning Show
4/20/23 Chicago On-Air Personality Kenzie K Joins Cumulus Media’s Q101- Chicago’s Alternative as Co-Host of “Q101 Morning Crew”
4/19/23 Win Tickets to See Taylor Swift in Atlanta at the New Country 101-Five Easter Egg Hunt (Taylor’s Version)!
4/17/23 104.1 KRBE, Houston’s #1 Hit Music Station, Welcomes Taylor Swift to H-Town for Sold-Out Concerts by Changing the Station’s Name to TAY-RBE!
4/13/23 93Q’s Award-Winning “Ted & Amy in the Morning” Celebrates Promotion and Milestone in Syracuse
4/11/23 Cumulus Media Taps Josh Wolff as Program Director for Heritage Cincinnati AC Radio Station, Warm 98.5/WRRM-FM
4/10/23 Cumulus Media Appoints Award-Winning Sports Journalist David Kelly as Program Director, Wildcats Radio 1290/KCUB-AM in Tucson
3/31/23 Cumulus Media’s Newstalk 580/105.9 KMJ Partners With Valley PBS to Produce Documentary on KMJ’s 100 Years on Air
3/31/23 Cumulus Media Welcomes Return of Will Pendarvis to Atlanta’s Legendary 99X
3/30/23 Cumulus Detroit’s 760 WJR Named Official Radio Broadcast Home of Michigan Panthers Football for 2023 Season
3/30/23 Cumulus Media’s WYZB-FM Turns Up the Country on the Emerald Coast as it Rebrands Today as Y1055 – The Best Country
2/27/23 Leslie Fram and Steve Barnes Reunite to Re-launch Legendary 99X Atlanta Morning Show
2/23/23 San Jose Earthquakes Announce Cumulus Media’s 810 AM The Spread/KGO-AM as its New English Language Flagship Radio Station
2/21/23 Jesse James Comes Home to Country Radio as Morning Host at Cumulus Media’s 93.3 The Bull/KUBL-FM in Salt Lake City
1/31/23 News Talk 780 KOH Program Director and Afternoon Drive Host Dan Mason Retires Today After Successful 49-Year Radio Broadcasting Career
1/30/23 Larry Kudlow to Host New Sunday Night Talk Show on Cumulus Media’s 890 WLS-AM, Sharing Weekly Insights on the State of the Markets, the Economy, and Politics
1/30/23 Cumulus Media Promotes Gary Shelton (DJ Rax) to Operations Manager for Cumulus Savannah
1/25/23 Cynthia Alston Bell, Community Leader and Senior Marketing Consultant for Cumulus Media in Charleston, to Receive Martin Luther King, Jr. Portrait Award for Outstanding Service to the Community
1/19/23 Cumulus Media Appoints Kaylin Mozden as On-Air Host, Middays on B106.7/WTCB-FM in Columbia, SC
1/18/23 Award-Winning 94.9 KCMO Morning Show Host Kelly Urich Announces Retirement From Radio This Year
1/17/23 Cumulus Media Announces New Midday On-Air Line-Up for Tucson Radio Stations KiiM FM 99.5 and 97.5 The Vibe/KSZR-FM
1/17/23 Cumulus Media’s KIX 106/WGKX-FM Welcomes Renee Castle as Co-Host, “Mornings With Latty”
1/9/23 Steve Gorman, Founding Member of The Black Crowes, Heads to the Twin Cities as Morning Host for Cumulus Media’s Classic Rock Station, KQRS-FM
1/3/23 Cumulus Media’s WQKL-FM/Ann Arbor’s 107one Taps Scott Vertical as On-Air Host, Mornings
12/22/22 Cumulus Media’s Hot 93.3/KLIF-FM Turns Up the Hits in DFW With New Focus on ‘90s and 2000s CHR Favorites
12/21/22 Alexis “Lexi” Ziccardi Named Afternoon Host for Cumulus Media’s 103.3 The Edge/WEDG-FM in Buffalo, NY
12/7/22 Cumulus Media’s Grand Rapids Classic Rock Station 97 WLAV-FM Taps Gregg Henson as Morning Show Co-Host
12/6/22 Cumulus Media Names Veteran Country Programmer Travis Daily as Program Director of Salt Lake City Country Station 93.3 The Bull/KUBL-FM
12/5/22 Cumulus Media Appoints Nikki Blakk as On-Air Personality, Afternoon Drive, for San Francisco Classic Rocker 107.7 The Bone/KSAN-FM
11/17/22 Cumulus Media’s New Country 93.1 FM/WDRQ-FM to Celebrate the Holidays By Giving Away 1,000 Tickets to its New Country Acoustic Christmas X2 Concerts
11/16/22 Cumulus Media’s Majic 107.7/KMAJ-FM and V100/KDVV-FM in Topeka, KS, Take Home Five Awards for Broadcast Excellence from the Kansas Association of Broadcasters
11/9/22 Cumulus Media’s 890 WLS-AM Signs Multi-Year Deal to Become the Official Chicago Radio Home of NASCAR
11/7/22 Cumulus Media Promotes Greg Renoe to Vice President/Market Manager for Cumulus Columbia/Jefferson City, MO
11/4/22 Cumulus Media’s Glory 98.5/WBZF-FM Honored for Gospel Radio Excellence With Three Spin Awards
10/26/22 Cumulus Media’s WNNX Celebrates 30 Years of Rocking Atlanta With Launch of 99X Interactive Museum
10/20/22 Cumulus Cincinnati’s Top-Rated Morning Show Co-Hosts Chris O’Brien and Janeen Coyle Honored by the National Association of Broadcasters with 2022 Marconi Radio Award for Major Market Personality of the Year
10/19/22 Cumulus Media Taps Aaron Zytle as Program Director and Morning Host for Lake Charles Country Station 96.1 KYKZ-FM
10/18/22 Cumulus Media Appoints Sly King as Promotions Director for Cumulus Birmingham Radio Stations
10/10/22 Cumulus Media Appoints Ronnie Ramone as Program Director for Columbia Radio Stations B106.7/WTCB-FM and 98.5 WOMG-FM
10/10/22 Cumulus Media Launches 810 THE SPREAD, the Bay Area’s First Sports Station Focused on Sports Betting 
10/4/22 Cumulus Media Announces New Starting Lineup for Mornings on Nashville Sports Talk Station 104.5 The Zone/WGFX-FM
9/29/22 Cumulus Media Appoints EMMY-Winning Television Personality and Radio Host Jane Clauss as On-Air Contributor for 890 WLS-AM’s “The Steve Cochran Show”
Previous Local Releases
Date Article Title
9/26/23 Cumulus Media’s KMJ in Fresno Raises $620,000 for Central California Food Bank in Successful 10th Annual Feeding Families Fund Drive
9/26/23 Cumulus Savannah Radio Stations I-95, KIX96, Magic 103.9, and E93 Team With CareSource for Successful Diaper Drive During National Diaper Need Awareness Week
8/8/23 Q106.1 and The Strand Salon and Spa’s “Glamourazzi” Event This Thursday Will Give Kids at MU Health Care Children’s Hospital the Celebrity Treatment!
8/4/23 Cumulus Media’s Z93 JAMZ/WWWZ-FM and Magic 107.3/WMGL-FM Kick Off “7th Annual 843 Day” Benefiting Lowcountry Kids Heading Back to School
7/28/23 Cumulus Media’s 93.3 Nash Icon/WWFF-FM Joins Nancy Jones, Wife of Late Country Singer George Jones, and All-Star Concert Line-Up to Raise Over $80,000 for Families of Huntsville, AL, Police Officers Shot in the Line of Duty
7/24/23 Cumulus Media Albuquerque Helps Local Shelters Fight the Effects of Heat on Area Homeless Community Through Bottled Water and Supplies Drive
6/29/23 Cumulus Media’s Shreveport Radio Stations Implement Massive Water and Food Giveaway to Help Shreveport-Bossier City Residents Left Without Power After Extreme Storms
6/23/23 Hawkeye and Michelle of Cumulus Media’s New Country 96.3 Help Feed DFW Hungry with Tango Charities, Creating Over 22,000 Meals for Area Food Pantries
5/30/23 Cumulus Media’s 92Q/WQQK-FM Presents Free “Family Day in the Park” on Saturday, June 3rd, at Nashville’s Historic Hadley Park
5/18/23 Cumulus Media’s News Talk 640/WFNC-AM Morning Show Collects Almost 16,000 Pounds of Food for Fayetteville, NC’s Second Harvest Food Bank Through Successful Community Drive
4/18/23 Mark “Hawkeye” Louis, Host of “Hawkeye In The Morning” on Cumulus Media’s New Country 96.3/KSCS-FM, Honored With Proclamation From the City of Fort Worth for Founding 25-Year Tree-Planting Campaign
4/6/23 PHOTOS: Cumulus Huntsville, AL’s 104.3 WZYP Collects and Delivers Relief Items for Mississippi Tornado Victims
3/14/23 Cumulus Media’s Savannah Radio Stations Raise $101,678 for St. Jude Children’s Research Hospital During Annual Two-Day St. Jude Radiothon
3/8/23 Cumulus Media’s K105/WQXK-FM in Youngstown, OH, Raises $145,986 for Children’s Cancer Treatment and Research in Annual Two-Day St. Jude Radiothon
3/6/23 Cumulus Des Moines Radio Stations Nash FM 97.3 and 95 KGGO Raise Over $77,900 for St. Jude Children’s Research Hospital During Annual Music Gives to St. Jude Radiothon
3/3/23 Cumulus Media’s New Country 96.3 and 99.5 The Wolf Raise More Than $200,000 for Cook Children’s at Second Annual Texas Independence Jam
2/28/23 Cumulus Detroit’s 760 WJR Joins The Salvation Army of Metro Detroit to Raise Nearly $1.9 Million to Help the Area’s Hungry and Homeless
2/20/23 Cumulus Media Brings Together the Bloomington, IL, Community to Raise $101,705 for Children’s Cancer Treatment and Research in 15th Annual Radiothon for St. Jude Children’s Research Hospital
2/15/23 Cumulus Shreveport Collects Hundreds of Handmade Cards Spreads Valentine’s Day Cheer to Hospitalized Children in 3rd Annual Cards 4 Kids Drive
1/25/23 Cynthia Alston Bell, Community Leader and Senior Marketing Consultant for Cumulus Media in Charleston, to Receive Martin Luther King, Jr. Portrait Award for Outstanding Service to the Community
1/11/23 Cumulus Dallas Radio Stations Raise Almost $2.3 Million for DFW Charities in 2022, Beating the Group’s 2021 Community Fundraising Record by Nearly 30%
1/10/23 Cynthia Alston Bell, Community Leader and Senior Marketing Consultant for Cumulus Media in Charleston, to Receive Martin Luther King, Jr. Portrait Award for Outstanding Service to the Community
12/21/22 Cumulus Tucson’s KiiM-FM 99.5 Raises Over $54,000 in Annual Penny Pitch Fundraiser Benefiting Arizona Children’s Association
12/21/22 Cumulus Houston’s 104.1 KRBE Raises $122,349 for Texas Children’s Hospitals Through Inaugural Houston’s Little Heroes Radiothon
12/21/22 Cumulus Albuquerque’s 92.3 KRST Country Breaks Fundraising Record in Fourth Annual KRST Country Cares for St. Jude Kids Radiothon
12/15/22 Cumulus Des Moines Country Station 92.5 KJJY Raises $133,998 for Critically Ill Iowa Children and Their Families During Annual Two Days of Compassion Radiothon
12/15/22 Cumulus Little Rock Raises $466,854 for Arkansas Children’s Hospital and Arkansas Children’s Northwest Through Annual Festival of Stars Toy and Donation Drive and Radiothon
12/14/22 Cumulus Tucson’s KiiM-FM 99.5 to Host Annual Penny Pitch Fundraiser to Benefit Arizona Children’s Association This Holiday Season
12/13/22 Cumulus Media’s New Country 96.3 and 99.5 The Wolf Join Forces to Raise Over $1,045,00 for Fort Worth’s Cook Children’s, a Children’s Miracle Network Hospital
12/13/22 WJR Detroit’s Mitch Albom Brings Together Celebrity Friends and the Community to Raise More than $1.8 Million for Charities in 11th Annual Mitch Albom SAY Detroit Radiothon
12/12/22 Cumulus Media’s Newstalk KBOI and the U.S. Marine Corps Reserve Break Records in “Idaho’s Largest Toy Drive,” a 12-Day Holiday Toy Drive Benefiting Toys for Tots in Boise and Bringing Christmas Joy to Children in Idaho, Eastern Oregon, and Northern Nevada
12/12/22 Cumulus Media’s Cat Country 94.1/WNNF-FM Teams With Local Bands, Covington, KY Police Department, the Steinford Toy Foundation, and Welcome House, Inc. to Present “Homegrown” Benefit Concert for Children and Veterans in Need
12/6/22 Cumulus Media’s WMAL Raises More Than $405,000 to Help House Families of Injured Military Members in 20th Annual WMAL Operation Fisher House Radiothon
11/30/22 Cumulus Media’s 98.9 MAGIC FM Launches Online Auction of Artist Autographed Memorabilia to Benefit Those Affected by Colorado Springs’ Club Q Shooting
11/30/22 Cumulus DFW Radio Station New Country 96.3 and the “Hawkeye in the Morning” Show Collect Over 106,000 Holiday Cards to Send to the Troops This Holiday Season
11/30/22 Make-a-Wish Request-a-thon Kicks Off Thursday, December 1st on 99.5 WZPL’s Smiley Morning Show
11/30/22 Cumulus Tucson’s 97.5 The Vibe to Host “DJs for PJs” Pajama and Book Drive Benefiting Tucson Area Children in Need
11/21/22 Cumulus Media’s 104.3 WZYP-FM Joins Forces With Landers McLarty Nissan for 1st Annual Tory’s Turkey Drop, Distributing 104 Turkeys to People in Need This Thanksgiving
11/21/22 Cumulus Media’s 96.3 WDVD-FM Shares the Holiday Spirit by Giving Away 1,000 Tickets to Blaine and Lauren’s Christmas Bash, Benefiting Toys for Tots of Metro Detroit
11/8/22 Cumulus Media’s ‘Campout for a Cause’ Food Drive for Abraham’s Tent Set for November 10-12th at Select Lake Charles Market Basket Locations
11/4/22 Cumulus Media’s New Country 101FIVE Raises Over $25,000 for Boys & Girls Clubs of Metro Atlanta Through New Country Close-Up Benefit Concert Featuring Country Star Kane Brown
11/2/22 Cumulus Houston’s 104.1 KRBE Kicks Off Abandoned Animal Rescue’s 5th Annual ‘A Night In the Dog House’ Fundraiser Friday With Live Broadcast From AAR Animal Shelter
10/3/22 Cumulus Fresno’s KMJ and Gar Bennett Raise $656,000 for the Central California Food Bank
All Community Service Releases

FY 2022 Investor Update

Cumulus Media Inc. Fiscal Year 2022 Investor Update Presentation, February 2023
FY 2022 Investor Update
February 2023

Corporate Sustainability

2023 Corporate Sustainability Report (PDF)

Analyst Coverage

Firm NameCFA
B. RileyDaniel Day
Barrington ResearchJames Goss
Noble Capital MarketsMichael Kupinski

Corporate Office

780 Johnson Ferry Road
Suite 500
Atlanta, Georgia 30342
ContactUs@cumulus.com

Investor Contact

IR@cumulus.com

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Corporate Officers

Mary G. Berner
President and Chief Executive Officer

Frank Lopez-Balboa
Executive Vice President, Treasurer and Chief Financial Officer

Richard S. Denning
Executive Vice President, Secretary and General Counsel

Cumulus Media (NASDAQ: CMLS) is an audio-first media company delivering premium content to over a quarter billion people every month — wherever and whenever they want it. Cumulus Media engages listeners with high-quality local programming through 403 owned-and-operated radio stations across 85 markets; delivers nationally-syndicated sports, news, talk, and entertainment programming from iconic brands including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and many other world-class partners across more than 9,400 affiliated stations through Westwood One, the largest audio network in America; and inspires listeners through the Cumulus Podcast Network, its rapidly growing network of original podcasts that are smart, entertaining and thought-provoking. Cumulus Media provides advertisers with personal connections, local impact and national reach through broadcast and on-demand digital, mobile, social, and voice-activated platforms, as well as integrated digital marketing services, powerful influencers, full-service audio solutions, industry-leading research and insights, and live event experiences. Cumulus Media is the only audio media company to provide marketers with local and national advertising performance guarantees.