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 ...
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 ...
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 ...
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 ...
NEW YORK — One of the most consequential legal battles in recent radio history is now on ice. When, or if, it ever resumes is far from certain. A federal judge has stayed the entire Cumulus Media ...
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 ...
Firm Retention Summary: Cumulus Media This is a summary of a request from Cumulus Media to hire Porter Hedges as co-counsel, filed March 20 with the U.S. Bankruptcy Court in Houston.
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