With an eye on shedding around $600 million in debt, Cumulus Media has once again filed for prepackaged Chapter 11 bankruptcy. The Atlanta-headquartered radio group formally disclosed its latest ...

WASHINGTON, D.C. — Thursday morning began with a somewhat unexpected announcement from the audio content creation and distribution company led by President/CEO Mary Berner: Chapter 11 bankruptcy ...

Cumulus Media, a radio broadcaster and podcast network, filed for bankruptcy to hand control to lenders after it was unable to restructure out of court under pressure from a weak advertising market ...

In a March 5, 2026 press release, Georgia-based media company, Cumulus Media, announced that it was filing for Chapter 11 bankruptcy. A self-described "audio-first" company, Cumulus operates and ...

Cumulus Media is moving swiftly toward an exit from Chapter 11 bankruptcy after a federal judge approved the company’s reorganization plan, setting the stage for a debt overhaul, new ownership ...

Local radio has struggled mightily in recent years as fans have moved to podcasts and streaming services. Radio also took a major hit during the Covid pandemic, according to Michael Bergner from the ...

Audio company Cumulus Media Inc. filed for Chapter 11 bankruptcy on Thursday as part of a restructuring, WFMJ reports. The restructuring is aimed at eliminating about $600 million of debt. "While we ...

A national broadcast company that owns four Chattanooga radio stations has filed for Chapter 11 bankruptcy protection to eliminate $600 million in debt. Atlanta-based Cumulus Media owns 394 radio ...

A 181-page document posted by the U.S. Bankruptcy Court for the Southern District of Texas in Houston has put the wheels in motion — as was widely expected — on a swift emergence from Chapter 11 ...

It looks like it will be a swift trip through bankruptcy for Cumulus Media now that a judge has certified the company’s restructuring plan. Cumulus now only needs to secure Federal Communications ...