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Cumulus Media Inc   (NASDAQ: CMLS)
Other Ticker:  
 
 
Price: $0.9100 $0.07 8.852%
Day's High: $0.94 Week Perf: 4.6 %
Day's Low: $ 0.87 30 Day Perf: 18.18 %
Volume (M): 30 52 Wk High: $ 4.71
Volume (M$): $ 28 52 Wk Avg: $1.96
Open: $0.89 52 Wk Low: $0.63



 Market Capitalization (Millions $) 15
 Shares Outstanding (Millions) 17
 Employees 2,464
 Revenues (TTM) (Millions $) 830
 Net Income (TTM) (Millions $) -150
 Cash Flow (TTM) (Millions $) -31
 Capital Exp. (TTM) (Millions $) 20

Cumulus Media Inc
Cumulus Media Inc is a publicly traded American broadcasting company headquartered in Atlanta, Georgia. Founded in 1997, Cumulus Media ranks as one of the largest radio station owners and operators in the country, with a portfolio of 428 radio stations - including 84 of the top 100 U.S. markets - and a presence in over 87 markets nationwide.

The company operates in two divisions, Radio Station Group and Westwood One, which collectively reach over 245 million people each week across all platforms, including on-air, digital, and live events. The Radio Station Group is responsible for the acquisition, operation, and management of Cumulus Media's portfolio of radio stations, while Westwood One is a leading provider of network radio programming and advertising sales.

Cumulus Radio Station Group:

The Radio Station Group oversees a diverse range of radio stations in terms of format, including country, news/talk, classic rock, adult contemporary, and more. Cumulus stations broadcast on both AM and FM frequencies and operate in major, mid-sized, and small markets, making them a key player in the radio industry. Some of the most popular brands under the Cumulus Media umbrella include KLOS in Los Angeles, Westwood One News, and Nash FM.

Westwood One:

Westwood One, the other division of Cumulus, is a syndicator and distributor of radio content including talk shows, news, sports, and music programming. The company provides local and national advertisers with efficient and effective media delivery through the largest audio network in the US. Regarded as a major player in the radio industry, Westwood One partners with other major radio networks, like iHeartRadio and NPR, for some of its content production.

In addition to radio station ownership and content distribution, Cumulus Media also operates digital and mobile platforms to stay ahead of the evolving radio industry. The company's digital offerings include streaming services, podcasts, content websites, and mobile apps, which make their programming available to listeners worldwide.

However, the company had experienced financial difficulties in recent years, and in November 2020, it was revealed that an affiliate of private equity firm, Platinum Equity, had signed an agreement to acquire Cumulus Media. The deal is expected to close in the first half of 2021.

Overall, Cumulus Media has established itself as a leader in the radio industry with a vast network of owned and operated radio stations, as well as a wide range of syndicated content through Westwood One. Despite the company's difficult financial situation, Cumulus remains a dominant player in the industry with its extensive audience reach and innovative digital platforms.


   Company Address: 780 Johnson Ferry Road NE Atlanta, 30342 GA
   Company Phone Number: 949-0700   Stock Exchange / Ticker: NASDAQ CMLS


   

Stock Performances by Major Competitors

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Product Service News

Westwood One, a renowned network known for its diverse and robust programming, is set to broaden its reach ...

Published Thu, Jan 16 2025 7:12 PM UTC

Westwood One Expands Broadcasting Horizons with NFL Coverage, New Syndicated Show, and Original Podcast Series Westwood One, a renowned network known for its diverse and robust programming, is set to broaden its reach with a series of compelling broadcasts that cater to a wide array of interests. As part of its ambitious lineup, the network will offer live play-by-play cover...

Product Service News

Cumulus Media?s Westwood One Expands Audio Footprint with New Programming Initiatives

Published Tue, Nov 26 2024 4:00 PM UTC

In a strategic move to bolster its programming lineup and engage diverse audiences, Cumulus Media s Westwood One has initialized several compelling projects that signify the company s commitment to capturing both the country music and college football markets. 1. Launch of Country Nights Live with Bev Rainey Westwood One s introduction of Country Nights Live, hosted by Bev R...

Product Service News

?Westwood One Transitions to New Leadership and Expands National Coverage in Music and Sports,

Published Mon, Nov 25 2024 4:00 PM UTC

Westwood One Ushers in a New Era of Programming with Fresh Talent and Dynamic Coverage As the media landscape evolves, Cumulus Media s Westwood One continues to enhance its programming offerings, promising innovative shows and extensive national coverage in the realms of music and sports. Recently, the network announced a leadership transition for one of its flagship shows. ...

Product Service News

Cumulus Media Strategic Innovation Amidst Financial Challenges,

Published Wed, Oct 2 2024 1:47 PM UTC

Navigating Losses and New Ventures: Cumulus Media Inc s Recent Challenges and Strategic CollaborationsIn an era where digital media continues to transform how audiences engage with content, Cumulus Media Inc is adapting to industry shifts while simultaneously battling significant financial adversity. Recently, the corporation announced the forthcoming original podcast serie...

Product Service News

Cumulus Medias Westwood One Harnessing College Footballs Frenzy for Strategic Growth

Published Tue, Aug 20 2024 4:48 PM UTC

As the college football season approaches in 2024, Cumulus Media s Westwood One is poised to leverage the excitement and cultural significance of the sport through its national audio coverage. The announcement on August 20, 2024, outlined a robust schedule that will highlight 16 high-profile regular season games, featuring top-tier teams from across the country. This include...







Cumulus Media Inc's Segments
Total broadcast radio revenue    68.25 % of total Revenue
Spot    47.35 % of total Revenue
Network    20.91 % of total Revenue
Digital    19.66 % of total Revenue
Other    12.09 % of total Revenue





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