Westwood One's Final Four® Coverage Connects College Hoops Fans across Multiple Platforms – 500+ Radio Stations, SiriusXM, NCAA March Madness Live™; via Free Online Streaming at WestwoodOneSports.com, The Varsity Network App & on Alexa-Enabled Devices; also Available with TuneIn Premium Network's Coverage Includes the Men's Final Four and National Championship Games in Spanish, Presented by Werner Ladder  Westwood One's Women's Final Four is Presented by Intuit TurboTax NEW YORK, April 04, 2024 (GLOBE N ...

ATLANTA, April 03, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company" or "Cumulus") today announced that its subsidiary, Cumulus Media New Holdings Inc. (the "Issuer"), has further extended the Expiration Time in its previously-announced Exchange Offer and Consent Solicitation (the "Exchange Offer and Consent Solicitation"), in which the Issuer offered to exchange any and all of the Issuer's outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the "Old Notes") for new 8.750% Se ...

March Madness® Broadcasts Connect College Hoops Fans and Consumers across Multiple Platforms – 500+ Radio Stations, SiriusXM, NCAA March Madness Live™; via Free Online Streaming at WestwoodOneSports.com, The Varsity Network App, and on Alexa-Enabled Devices; and on TuneIn Premium Network's Coverage Includes the Final Four® in Spanish, sponsored by Werner Ladder  NEW YORK, March 19, 2024 (GLOBE NEWSWIRE) -- CUMULUS MEDIA's Westwood One (NASDAQ:CMLS), the largest audio network in the U.S. and the official net ...

avdyachenko A puzzling situation It's unusual to see a company simultaneously enact a poison pill defense against a potential hostile takeover and embark on a debt restructuring. This makes Cumulus Media’s (NASDAQ:CMLS) situation particularly intriguing. The Context Cumulus Media reported 2023 results last February, 27, 2024. Q4 and FY 2023 results were basically in line with expectations - CMLS total revenues for the year were $844.5 million, a decrease of 11.4% compared to 2022, and EBITDA shrank to $ ...

ATLANTA, March 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company" or "Cumulus") today announced that its subsidiary, Cumulus Media New Holdings Inc. (the "Issuer"), has extended the Early Tender Time in its previously-announced Exchange Offer and Consent Solicitation (the "Exchange Offer and Consent Solicitation"), in which the Issuer offered to exchange any and all of the Issuer's outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the "Old Notes") for new 8.750% Senior S ...

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ:CMLS) Westwood One, America's largest audio network, will present a total of 24 NCAA Men's and Women's Basketball games from Conference Championship Week. Westwood One's postseason basketball coverage tips off on Saturday, March 9th, with the Ohio Valley Conference Championship game, and continues through Selection Sunday, March 17, with broadcasts that day of the Ivy League, the SEC, and the American Athletic Championship games. Westwood ...

Cumulus Media Inc. (NASDAQ:CMLS) Q4 2023 Earnings Conference Call February 27, 2024 8:30 AM ET Company Participants Collin Jones - EVP, Strategy and Development, President of Westwood One Mary Berner - President and CEO Frank Lopez-Balboa - CFO Conference Call Participants Michael Kupinski - NOBLE Financial Capital Markets Jim Goss - Barrington Research Dan Day - B. Riley Operator Hello, and welcome to the Cumulus Media Quarterly Earnings Conference Call. I'll now turn it over to Collin Jones, Executive Vic ...

Cumulus Media (CMLS) came out with a quarterly loss of $2.60 per share versus the Zacks Consensus Estimate of a loss of $0.59. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -340.68%. A quarter ago, it was expected that this radio station owner would post a loss of $0.34 per share when it actually produced earnings of $0.16, delivering a surprise of 147.06%.Over the last four quarters, the c ...

ATLANTA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company" or "Cumulus") today announced that its subsidiary, Cumulus Media New Holdings Inc. (the "Issuer"), has commenced an offer to exchange (the "Exchange Offer") any and all of the Issuer's outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the "Old Notes") for new 8.750% Senior Secured First-Lien Notes due 2029 ("New Notes") to be issued by the Issuer, upon the terms of and subject to the conditions set forth in ...

ATLANTA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three months and year ended December 31, 2023. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, "While 2023 was a tough year across the media landscape, we were able to offset some of the effects of the weak national advertising climate through strong execution in our key focus areas. Specifically, we grew ou ...