CMLS Stock Recent News

Completed Highly Successful Debt Exchange That Reduced Our Debt Obligations Under Our Debt Instruments by Approximately $33 Million, Extended Maturities to 2029, Obtained Favorable Interest Rates, and Preserved Structure Free of Financial Maintenance Covenants

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ: CMLS) Westwood One today announced that talk radio host Dan Bongino will host JD Vance, the Republican Vice-Presidential candidate, today on “The Dan Bongino Show” for a live interview during the 2-3:00 p.m. ET hour of the program.

ATLANTA, July 19, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Friday, August 2nd at 8:30 AM ET to discuss its second quarter 2024 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET.

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ: CMLS) Westwood One announced that a new podcast, Bongino Report Early Edition with Evita SM , dropped its inaugural episode today on the Cumulus Podcast Network. In this first podcast extension under the Bongino umbrella, Gen Z journalist and culture analyst Evita Duffy-Alfonso joins the Bongino Report with a daily show covering all the top stories.

NEW YORK, July 14, 2024 (GLOBE NEWSWIRE) -- WHAT: Dan Bongino, host of The Dan Bongino Show, will be at the Republican National Convention streaming live special coverage in addition to his regularly scheduled syndicated radio show on Westwood One and his daily podcast. Rich Valdés, host of Rich Valdés America at Night on Westwood One, will be covering the Republican National Convention and providing interviews with key party members.

New Agreement Keeps “The Mark Levin Show” on Westwood One and the Cumulus Podcast Network for Multiple Years

ATLANTA, June 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced the appointment of Kriston Aitken to Chief Human Resources Officer, effective July 1, 2024. Reporting to Mary G. Berner, President and CEO, Aitken will be responsible for Human Resources strategy and operations, talent management, compensation and benefits, and supporting the advancement of the company culture. She succeeds Todd McCarty, who will be retiring after nearly nine years with the company.

Cumulus Media (CMLS) came out with a quarterly loss of $0.85 per share versus the Zacks Consensus Estimate of a loss of $1.33. This compares to loss of $1.17 per share a year ago.

Cumulus (CMLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cumulus Media is simultaneously enacting a poison pill defense against a potential hostile takeover and embarking on a debt restructuring. The proposed debt restructuring aims to reduce total debt and extend its maturity to 2029. CMLS implemented short-term Shareholder Rights amidst a surge in stock accumulation by Renew Group Private Ltd., a Singapore-based company owned by Manoj Bhargava.