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NASDAQ CMLS $3.29 +0.12 +3.79% Last Updated: Friday, Jun 2nd

Cumulus Media Reports Operating Results for the First Quarter 2023

ATLANTA, GA — April 27, 2023: Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three months ended March 31, 2023.

Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “Extending our track record of strong operational and financial execution during challenging times, in the first quarter, we grew our digital marketing services revenue by more than 23%, completed the sale of WFAS-FM, continued to repurchase shares and retire debt at a discount, and have now executed $10 million of additional annualized cost reductions. That said, the impact of the considerable macro-driven weakness in the national advertising market, as well as the unfavorable prior year political and WynnBET comparisons, ultimately resulted in total revenue and Adjusted EBITDA declines.”

Berner continued, “Though the difficult national market trends persist, we have confidence in our ability to successfully navigate adverse environments such as this one. Specifically, since 2019 through the COVID-impacted years, we have had best-in-class performance in terms of fixed cost reduction, Adjusted EBITDA margin recovery, Adjusted EBITDA to free cash flow conversion and net debt reduction. With our current liquidity profile and solid balance sheet, we believe that we are not only well-positioned to weather the current storm but will rebound strongly when the market eventually recovers.”

Date Article Title
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
8/3/22 Cumulus Media Reports Operating Results for the Second Quarter 2022
7/14/22 Cumulus Media Announces Conference Call to Discuss Second Quarter 2022 Operating Results
6/9/22 Cumulus Media Announces Final Results of Tender Offer
6/8/22 Cumulus Media Announces Extension of Existing ABL Credit Facility
6/6/22 Cumulus Media Set to Join Russell 3000® Index
6/6/22 Cumulus Media Announces Preliminary Results of Tender Offer
Previous Financial Releases
Date Article Title
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 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
9/22/22 Cumulus Media and Yap Media Form Partnership for Podcasts
9/7/22 Cumulus Media’s Westwood One Launches Its 36th Consecutive Season as the Exclusive Primetime Network Radio Partner of the NFL
9/6/22 New Study Underscores Local Radio’s Impact for Political Candidates
9/6/22 Cumulus Media Promotes James Kurdziel to Vice President of Classic Rock
9/6/22 Cumulus Media and TuneIn Expand Content Partnership Agreement
8/29/22 Cumulus Media Creates Music Partnership Division
8/22/22 Cumulus Media Pioneers Data-Driven Targeting via Swoop for Broadcast Radio Pharmaceutical Brand Campaigns
8/22/22 Cumulus Media Appoints Deborah Farrington to Board of Directors
8/3/22 Cumulus Media Reports Operating Results for the Second Quarter 2022
8/2/22 Cumulus Media Appoints Derek Falter as Vice President/Market Manager in Grand Rapids and Muskegon
6/8/22 Cumulus Media Names Lisa Waks Senior Vice President, Digital Partnerships and Business Development
Previous Company Releases
Date Article Title
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”
9/26/22 Cumulus Kansas City Takes Home Multiple KC Media Mix Award Wins, Including Station of the Year for Classic Hits 94.9 KCMO
9/21/22 Cumulus Media and Q101 Bring Back the Name “TWISTED XMAS” for Annual Run of Christmas Shows
9/19/22 Cumulus Media Promotes Three in Syracuse
9/12/22 Cumulus Albuquerque Names Eddie Haskell as Midday Host on KRST-FM
9/9/22 Cumulus Chicago’s Q101 to Present The Smashing Pumpkins Takeover and Ticket Giveaway to “Q101 Presents An Evening With The Smashing Pumpkins” at The Metro
9/7/22 Ryan Fox Comes Home to Cumulus DFW’s 99.5 The Wolf/KPLX-FM as Morning Co-Host
8/24/22 Cumulus Syracuse Turns On The SGNL, the Syracuse Area’s Newest Streaming-Only Radio Station
8/18/22 Cumulus Media Taps Sean Kelly as Assistant Program Director and PM Drive Host for Cincinnati’s Classic Rock Station 92.5 The Fox/WOFX
8/18/22 Cumulus Media Appoints Ryan Swiger as Music Director and Afternoon Drive Host for Indy Top 40 Radio Station 99.5 WZPL
8/15/22 Talk Radio Host Casey Bartholomew Joins Weekday On-Air Lineup for Cumulus DFW’s News Talk 820 WBAP
8/11/22 Cumulus Media Renews Long-Term Partnership With Learfield and Air Force Sports Properties to Broadcast United States Air Force Academy Athletic Events
8/11/22 Cumulus Media Appoints Matt Longhenry as Music Director and On-Air Host, Afternoon Drive, for Indianapolis Country Station 95.5 WFMS
8/8/22 Cumulus Media Launches 790 THE SCORE, the First Sports and Sports Betting Radio Station in Providence, RI
8/5/22 Laura Daniels Named Morning Host for Cumulus Media’s Classic Hits 104.1/WHTT-FM in Buffalo, NY
8/5/22 Two Cumulus Media Hosts, Roula Christie and Steve Harmon, To Be Inducted Into the Texas Radio Hall of Fame Class of 2022
8/4/22 Laura Daniels Named Morning Host for Cumulus Media’s Classic Hits 104.1/WHTT-FM in Buffalo, NY
8/4/22 Cumulus Media’s Z93 JAMZ/WWWZ-FM and Magic 107.3/WMGL-FM Kick Off “5th Annual 843 Day” Benefiting Lowcountry Kids Heading Back to School
8/3/22 Cumulus Media Taps Jeff Haber as Program Director for Heritage Top 40 Station 98.9 Magic FM/KKMG-FM in Colorado Springs
7/25/22 Don Hurley Joins Cumulus Tri-Cities TN-VA as Program Director for Heritage Classic Rocker 101.5 WQUT-FM and Country Station NASH Icon 104.9/WKOS-FM
7/20/22 Missouri U.S. Senate Candidate Eric Greitens Joins KCMO Talk Radio for “Politics and a Pint” on Monday, July 25th at the Jewel KC Event Space
7/20/22 Ernie Brown Heads to Morning Drive as On-Air Host of Cumulus DFW’s News Talk 820 WBAP’s Morning News
7/18/22 Cumulus Media Promotes Dave Daniels to Operations Manager, Cumulus Oxnard-Ventura
6/30/22 Joey Tack Joins Cumulus Media as Morning Host for Country Radio Giant WIVK-FM 107.7 in Knoxville
6/30/22 Minneapolis Morning Personality Tom Barnard Announces Retirement From KQRS After 36 Years On-Air
6/28/22 Cumulus Albuquerque Sweeps the New Mexico Broadcasters Association Excellence in Broadcasting Awards With 12 Wins From a Total of 19 Categories
6/27/22 The BOB & TOM Show’s Kristi Lee Named to 2022 Indiana Broadcast Pioneers Hall of Fame
6/27/22 Veteran Morning Radio Personality Marco Nation Takes the Morning Mic at Cumulus Media’s Heritage Country Station K100/WKKO-FM in Toledo/Monroe
6/17/22 Q101 Chicago To Join The Strokes in Gun Violence Prevention Support
6/17/22 Cumulus Media to Bring Sports and Sports Betting Radio Station to Providence, RI, This Summer
6/7/22 Veteran Chicago Talk Host Steve Cochran Joins WLS-AM for New Talk Show
Previous Local Releases
Date Article Title
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
8/18/22 Cumulus Youngstown Radio Stations to Present “We Care Radiothon” Community Fundraising Effort to Assist Those Suffering in Ukraine
8/4/22 Cumulus Media’s Z93 JAMZ/WWWZ-FM and Magic 107.3/WMGL-FM Kick Off “5th Annual 843 Day” Benefiting Lowcountry Kids Heading Back to School
7/14/22 Cumulus Media’s News Talk 820 WBAP to Broadcast Live In-Studio Panel Discussion With School Safety Experts and DFW Community Leaders on “School Security and Your Child’s Safety” on Wednesday, July 20th
6/22/22 Cumulus Tucson’s KiiM-FM 99.5 Hosts This Bar Loves Toby Keith: A Fundraiser for the Toby Keith Foundation on Thursday, June 23rd at Whiskey Roads and The Maverick
6/21/22 The BOB & TOM Show’s Pop-Up Comedy For A Cause Event Kicks Off Summer in Indianapolis With a Night of Comedy Benefiting Local Kids
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

Cover image of Cumulus Media's 2022 Corporate Sustainability Report (PDF)
2022 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 404 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.