Core Viewpoint - Cumulus Media's Westwood One will provide extensive coverage of the NCAA Division I Women's Basketball Championship across multiple platforms, enhancing fan engagement and accessibility [1][10]. Broadcast Schedule - Coverage begins on March 27 with Sweet Sixteen matchups, featuring doubleheaders at 2:00 p.m. ET and 7:15 p.m. ET from Fort Worth, TX, and Sacramento, CA [2]. - Elite Eight coverage starts on March 29, with games at 12:30 p.m. ET and 3:00 p.m. ET, followed by additional games on March 30 at 6:30 p.m. ET and 9:00 p.m. ET [3]. - The Final Four will take place on April 3 at 6:30 p.m. ET, leading to the National Championship game on April 5 at 3:00 p.m. ET [4]. Listening Platforms - Fans can listen to the broadcasts on over 200 radio stations, SiriusXM, and various streaming platforms including NCAA.com/MarchMadness, westwoodonesports.com, and the Westwood One Sports app [5][10]. - The broadcasts are also accessible via Alexa-enabled devices and to TuneIn premium subscribers [5]. Broadcast Team - The Final Four and National Championship will be announced by Ryan Radtke and Debbie Antonelli, with Ros Gold-Onwude as the courtside reporter [6]. - Additional commentators include Nate Gatter, Lance Medow, Mary Murphy, and others, enhancing the coverage with expert analysis [6]. Company Overview - Cumulus Media operates 393 radio stations and delivers content to a quarter billion people monthly, including sports, news, and entertainment programming [10]. - Westwood One is a leading national audio network, known for its extensive sports broadcasting, including NCAA Basketball and NFL coverage [8].

Core Viewpoint - Cumulus Media's Westwood One will broadcast 19 NCAA Men's and Women's Basketball games during Conference Championship Week from March 7 to March 15, 2026, highlighting its extensive sports coverage capabilities [1][2]. Group 1: Event Schedule - The postseason basketball coverage begins on March 7 with the Ohio Valley Conference Championship game and concludes on March 15 with multiple championship games including SEC, Ivy League, and American Conference [2][4]. - The schedule includes various men's and women's championship games across different conferences, such as the Big East, Patriot League, and Summit League [2][4]. Group 2: Selection Sunday - Westwood One will also cover Selection Sunday, which will announce the 68-team field for both men's and women's tournaments, hosted by Jason Horowitz with analysts PJ Carlesimo and Debbie Antonelli [3]. Group 3: Listening Options - The NCAA College Basketball Conference Championship Week coverage will be available on terrestrial radio stations nationwide, via SiriusXM, and streamed online for free on westwoodonesports.com and the Westwood One Sports app [5]. Group 4: Company Overview - Cumulus Media is an audio-first media company reaching a quarter billion people monthly, operating 394 radio stations and providing nationally-syndicated sports and entertainment programming through Westwood One [8].

Core Viewpoint - Cumulus Media's Westwood One will broadcast 19 NCAA Men's and Women's Basketball games during Conference Championship Week from March 7 to March 15, 2026, highlighting its role as a major player in sports broadcasting [1][4]. Group 1: Event Coverage - The postseason basketball coverage begins with the Ohio Valley Conference Championship game on March 7 and concludes with the SEC, Ivy League, and American Championship games on March 15 [1]. - Additional Men's Championship games include those from the Patriot League, CAA, Big East, Summit League, and West Coast Conference, while Women's Championship games feature the Big East and Ivy League [2]. Group 2: Selection Sunday - Westwood One will also cover Selection Sunday, which will announce the 68-team field for both men's and women's tournaments, hosted by Jason Horowitz with analysts PJ Carlesimo and Debbie Antonelli [3]. Group 3: Broadcast Accessibility - The NCAA College Basketball Conference Championship Week coverage will be available on terrestrial radio stations nationwide and via SiriusXM, with online streaming options on westwoodonesports.com and the Westwood One Sports app [5]. Group 4: Company Overview - Cumulus Media is an audio-first media company reaching a quarter billion people monthly, operating 394 radio stations across 84 markets, and providing a range of programming including NCAA Basketball and NFL broadcasts through Westwood One [8].

Core Insights - Cumulus Media and Eon Media have formed a joint partnership to develop and monetize AI-enabled audio projects, aiming to enhance listener engagement and unlock new consumer insights [1][2][5] Company Overview - Cumulus Media operates 395 radio stations across 84 markets, delivering premium content to approximately 250 million people monthly [6] - Eon Media specializes in AI technology for media, providing solutions that extract metadata from audio and video content [3][7] Partnership Details - The partnership will optimize Cumulus Media's radio stations and digital assets, enhancing audience engagement and discoverability [2][5] - AI-enabled platforms will facilitate faster content discovery for listeners, allowing them to connect with shows and topics of interest [4][5] Leadership Comments - Cumulus Media's CEO emphasized the partnership's potential to create new market opportunities and enhance content discoverability [5] - Eon Media's CEO expressed excitement about collaborating with Cumulus Media to engage listeners and unlock monetization opportunities [5]

Core Insights - Cumulus Media Inc. has appointed Carol Flaton to its Board of Directors, effective January 15, 2026, following the resignation of Joan Hogan Gillman [1][2] Group 1: Board Changes - Carol Flaton brings over three decades of experience in financial services and governance, enhancing the Board's capabilities as the company executes its strategy [2] - Joan Hogan Gillman served on the Board for eight years, contributing valuable insights that will benefit the company beyond her tenure [2] Group 2: Carol Flaton's Background - Flaton has held senior leadership roles in financial advisory, investment banking, and risk management, including positions at AlixPartners and Lazard [2] - She currently serves on multiple public and private company boards, including as an independent director of QVC Group, Inc., where she is involved in the Audit and Compensation Committees [2][3] Group 3: Company Overview - Cumulus Media is an audio-first media company reaching a quarter billion people monthly through 395 owned-and-operated radio stations across 84 markets [4] - The company provides a variety of programming, including nationally-syndicated sports, news, talk, and entertainment, and operates the Cumulus Podcast Network [4] - Cumulus Media offers advertisers a range of services, including digital marketing, audio solutions, and live event experiences [4]

Core Insights - The partnership between Barbasol and Westwood One celebrates its 20th anniversary, highlighting a rare example of longevity and trust in sports media sponsorships [1][2][3] Partnership Overview - Since its inception in 2006, Barbasol and Westwood One have developed a unique collaboration, combining Barbasol's brand authenticity with Westwood One's respected audio coverage of the NFL [2] - The partnership has endured various challenges, including changes in media landscapes and the retirement cycles of prominent NFL players [3] Community Impact - The Barbasol-Westwood One relationship has led to significant community contributions, including donations to the Boomer Esiason Foundation for cystic fibrosis research and support for the Kurt and Brenda Warner's Treasure House for adults with disabilities [8] Future Outlook - As the NFL audio landscape evolves, Barbasol and Westwood One plan to continue their partnership with innovative fan engagement strategies and community initiatives [5]

Core Insights - iHeartMedia and TikTok have formed a groundbreaking multiplatform partnership to integrate TikTok creators into iHeart's ecosystem, launching the TikTok Podcast Network with up to 25 new podcasts [1][2][3] - The partnership aims to enhance creator engagement and expand their storytelling capabilities across various platforms, combining TikTok's cultural energy with iHeartMedia's extensive reach [2][3] Partnership Details - The TikTok Podcast Network will feature podcasts hosted by TikTok creators, supported by new co-branded podcast studios in Los Angeles, New York, and Atlanta, equipped with advanced audio and video infrastructure [3] - TikTok Radio will be launched, pairing TikTok creators with experienced iHeartRadio personalities, providing a unique audio experience that mirrors the TikTok scrolling experience [3] - iHeartMedia and TikTok will collaborate on live events, offering creators access to major events like the iHeartRadio Music Festival and Jingle Ball, enhancing brand activation opportunities [3][4] Marketing and Sponsorship - The partnership will leverage both companies' marketing capabilities to drive sponsorships and create new business opportunities for creators and their shows [5] - Mass-reach marketing strategies will be implemented across both platforms to maximize audience engagement and sponsorship potential [5]

Core Insights - Chris Van Vliet's podcast "Insight" is joining the Cumulus Podcast Network, enhancing its distribution and monetization capabilities [1][4] - The podcast has become a leading platform in professional wrestling media, driven by the industry's mainstream success and significant audience engagement [2][4] Company Overview - Cumulus Media is a major audio-first media company, reaching a quarter billion people monthly through various platforms, including 399 radio stations and the Cumulus Podcast Network [6] - The Cumulus Podcast Network aims to deliver premium content and has a strong focus on original podcasts that are engaging and thought-provoking [6] Industry Context - Professional wrestling is experiencing unprecedented success, with billion-dollar streaming deals and record viewership for major brands like WWE and AEW [2] - The partnership with Cumulus is expected to leverage the growing interest in wrestling content, providing fans with exclusive live events and bonus content [4][5]

Core Insights - Cumulus Media reported a challenging advertising environment but managed to gain market share in both broadcast and digital segments, with digital marketing services revenue increasing by 34% in Q3 2025 [2][4] - The company achieved a net revenue of $180.3 million for Q3 2025, a decrease of 11.5% year-over-year, and a net loss of $20.4 million [4][6] - For the nine months ended September 30, 2025, net revenue was $553.6 million, down 9.0% from the same period in 2024, with a net loss of $65.6 million [5][8] Financial Performance - Q3 2025 net revenue was $180.3 million, down from $203.6 million in Q3 2024, reflecting an 11.5% decline [4][6] - The net loss for Q3 2025 was $20.4 million compared to a net loss of $10.3 million in Q3 2024, marking a 97.7% increase in losses [6][7] - Adjusted EBITDA for Q3 2025 was $16.7 million, down 30.8% from $24.1 million in Q3 2024 [4][6] Revenue Breakdown - Total broadcast radio revenue for Q3 2025 was $115.0 million, a decrease of 17.2% from $139.0 million in Q3 2024 [9] - Digital revenue for Q3 2025 was $39.0 million, down 2.6% year-over-year, but increased by 8.4% when excluding the impact of discontinued relationships [7][9] - Digital marketing services now account for approximately 50% of total digital revenue, reflecting strong growth in this segment [7] Cost Management - The company has successfully reduced annualized fixed costs by $7 million in Q3 2025, bringing total year-to-date savings to $20 million [2][7] - Since 2019, total annualized fixed cost reductions have reached $182 million, representing over 30% [7] Balance Sheet and Debt - As of September 30, 2025, Cumulus Media had cash and cash equivalents of $90.4 million and total debt of $722.2 million [10][27] - The total debt at maturity was reported at $697.1 million, with net debt less total unamortized discount at $606.7 million [10][27]

Core Insights - Cumulus Media's Westwood One has appointed Armen Williams as Executive Director of Westwood One Sports 24/7 Programming, effective November 3, 2025, to lead the development of new sports content [1][2] Company Overview - Cumulus Media is an audio-first media company reaching a quarter billion people monthly through 395 radio stations across 84 markets, offering a variety of programming including sports, news, and entertainment [5] - Westwood One Sports is the exclusive network radio partner to the NFL since 1987 and covers major sports events such as NCAA Basketball, U.S. Soccer, and The Masters [6] Leadership and Strategy - Armen Williams brings over 20 years of audio programming experience and has previously held leadership roles at Audacy, Bonneville, and Townsquare, focusing on innovative content strategies and brand presence [3] - Williams will oversee sports talk content, technical operations, social media strategy, and brand management, aiming to create compelling on-air programming with original content and fan interaction [2][4] Future Vision - Williams expressed excitement about the opportunity to build on the foundation created by partners like Audacy and BetMGM, aiming to deliver engaging and authentic sports content [4] - Bruce Gilbert, SVP of Sports / Content & Audience, emphasized Williams' vision as essential for launching a first-class all-sports network at Westwood One [4]