Cumulus Media’s creditors have voted to approve the broadcaster’s prepackaged Chapter 11 reorganization plan, clearing the path toward a bankruptcy exit that would eliminate $592 million in ...

The restructuring will eliminate $592 million to $660 million in debt and reduce annual cash interest obligations by approximately $49 million through creditor control transfer.— This story first ...

Cumulus Media has filed for Chapter 11 bankruptcy protection as part of a restructuring plan designed to eliminate roughly $600 million in debt and place the radio broadcaster on stronger financial ...

Radio station owner Cumulus Media on Wednesday received a U.S. judge's approval for a bankruptcy restructuring that will cut $592 ​million in debt and hand over control of the company to ‌its lenders.

The second bankruptcy filing from Cumulus Media in a decade is nearing a quick end. A Houston federal bankruptcy court judge on Wednesday approved an agreement sees the owner of broadcast radio ...

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.

SoundExchange and the US Trustee for Region 7 have filed separate objections to Cumulus Media's prepackaged Chapter 11 plan, ...

Cumulus Media has released its 2025 financials, and the data offers a better sense of the urgency surrounding its ...

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 ...

For the second time in the past decade, Atlanta-based Cumulus Media has filed for bankruptcy protection to reduce debt. Facing headwinds from a shrinking business, the nation’s second-largest radio ...