Friday, 29 March 2024

Cumulus Media Inc.

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Recent News
  • Cumulus Reaches Agreement with Merlin Media

    12:48 | 2/2/18
    GlobeNewswire
    ATLANTA, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (PINK:CMLSQ) (the “Company,” “we,” “us,” or “our”) today announced that it has reached an agreement with Merlin Media (“Merlin”) regarding the operation and sale of WKQX-FM and WLUP-FM in ... more»
  • Delisting of Securities of Cumulus Media Inc., root9B Holdings, Inc., TearLab ...

    10:00 | 25/1/18
    GlobeNewswire
    Finally, Nasdaq announced that it will delist the common stock and warrant of Rennova Health, Inc. Rennova Health, Inc.'s common stock and warrant were suspended on October 25, 2017 and have not traded on Nasdaq since that time. Nasdaq will file a Form ... more»
  • Bankrupt radio giant Cumulus seeks to cut contracts with Chicago White Sox ...

    01:38 | 20/1/18
    Atlanta Business Chronicle
    In total, Cumulus said, it is seeking to reject fewer than 20 contracts out of more than 15,000 agreements. The court is scheduled to rule on the company's motions at a hearing on Feb. 1. Cumulus, which is burdened with $2.4 billion in debt, owns and ... more»
  • Cumulus Files Motion to Reject Certain Uneconomic Contracts

    12:15 | 19/1/18
    GlobeNewswire
    ATLANTA, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (PINK:CMLSQ) (the “Company,” “we,” “us,” or “our”) today announced that it has filed motions with the United States Bankruptcy Court for the Southern District of New York requesting ... more»
  • Can analysts adopt a bullish outlook for Cumulus Media Inc. (NASDAQ:CMLS)?

    00:15 | 12/1/18
    Frisco Fastball
    Among 4 analysts covering Cumulus Media (NASDAQ:CMLS), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Cumulus Media has $0.75 highest and $0.50 lowest target. $0.63's average target is 600.00% above currents $0.09 stock price ... more»
  • A Clouded Bankruptcy

    05:52 | 5/1/18
    Seeking Alpha
    That brings us to Cumulus Media, Inc. (CMLS) (OTCPK:CMLSQ), and in no way has it evaded the over-lever under-deliver downturn in radio; the company filed for bankruptcy at the end of November 2017. more»
  • Cumulus Media files for Chapter 11 bankruptcy

    07:00 | 6/12/17
    HollandSentinel.com
    Cumulus Media Inc., which oversees five stations in Grand Rapids and a handful radio stations in Muskegon, has entered into a Restructuring Support Agreement to reduce the company's debt by more than $1 billion. more»
  • Cumulus Media's Restructuring Proposal Unfairly Favors Banks: An Analysis By ...

    02:18 | 5/12/17
    Seeking Alpha
    Last quarter's EBITDA for Cumulus Media was reported at $61.8 million. Radio media companies historically trade above 10 times EBITDA, especially for those growing profits. more»
  • Cumulus Media Inc.

    12:39 | 2/12/17
    MarketWatch
    Cumulus Media Inc. Cumulus Media, Inc. owns and operates radio stations. It provides radio broadcasting, advertising and related services. more»
  • Moody's downgrades Cumulus Media's PDR to D-PD from Caa3-PD; Ratings to be ...

    12:37 | 2/12/17
    Moodys.com
    New York, December 01, 2017 -- Moody's Investors Service, ("Moody's") downgraded Cumulus Media Inc.'s (Cumulus) Probability of Default rating (PDR) to D-PD from Caa3-PD following the announcement that the company filed a petition for relief under ... more»
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