CEO Mary Berner, who has led the company since 2015, and CFO Frank Lopez-Balboa will remain under amended employment agreements, though the filing is careful to note the incoming board retains full ...
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 ...
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 ...
Cumulus Media has released its 2025 financials, and the data offers a better sense of the urgency surrounding its ...
SoundExchange and the US Trustee for Region 7 have filed separate objections to Cumulus Media's prepackaged Chapter 11 plan, ...
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 ...
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 ...
NEW YORK - Cumulus Media, an audio entertainment company that owns 394 radio stations, a radio syndication business and a podcast network, filed for bankruptcy protection late Wednesday in Texas with ...
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 ...
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 ...
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