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Cumulus Completes Successful Debt Exchange

As Cumulus Media Group announces its 2024 first quarter operating results today (5/3), it also reveals that it has refinanced its capital structure. Cumulus CEO Mary Berner states, “We are thrilled to have refinanced our capital structure to secure five-year maturities with favorable terms through a successful debt exchange and ABL Facility upsize and extension.… ....

Mary Berner , Cumulus Media Group , Term Loan Exchange , Exchange Offer , Senior Secured First Lien Notes , Term Loan Exchange Offer , Old Notes , Old Term Loans , New Notes , New Term Loans ,

Cumulus Media Q4 2023 Revenue Declines 11.9%

Reporting its operating results for the fourth quarter of 2023 and for the full year of 2023, Cumulus Media Group reveals Q4 net revenue of $221 million, a decrease of 11.9% from the same period in 2022. The company posted a net loss of $54,000 in Q4 of 2022 compared to the net loss of… ....

Maryg Berner , Cumulus Media Group ,

Round Two of January PPMs Released

The second of four rounds of ratings data from Nielsen Audio’s January 2024 PPM survey has been released for 12 markets including Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis. The survey period covered January 4 – 31. Today, TALKERS magazine managing editor Mike Kinosian presents his Ratings… ....

United States , San Diego , Mike Kinosian , Cumulus Media Group , Hearst Television , Nielsen Audio , Ratings Takeaways , Hubbard Broadcasting ,

Round One of January PPMs Released

The first of four rounds of ratings data from Nielsen Audio’s January 2024 PPM survey has been released for 12 markets including New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island), Riverside-San Bernardino-Ontario, San Jose, and Middlesex-Somerset-Union (New Jersey). The survey period covered January 4 – 31. Today, TALKERS magazine… ....

United States , San Bernardino , New Jersey , New York , San Francisco , New Providence , Red Apple , Los Angeles , Mike Kinosian , Cox Media Group , Nexstar Media Group , Cumulus Media Group , Nielsen Audio , Long Island , Riverside San Bernardino Ontario , San Jose , Ratings Takeaways , Red Apple Media ,

Edible Extravaganza returns with new vendors, old location

Edible Extravaganza returns with new vendors, old location
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