Cumulus Media Inc.

https://www.cumulusmedia.com

Cumulus Media Inc. is an audio-first media company headquartered in Atlanta, Georgia, specializing in radio broadcasting and digital media. The company's core mission is to deliver premium audio content to a broad audience while providing effective advertising solutions for businesses across the United States.

The company operates a substantial portfolio of local radio stations, numbering around 393 to 406 across 84 to 87 markets, offering diverse programming including music, news, sports, and talk shows. A significant part of its operations includes Westwood One, a national audio network that syndicates content from iconic brands such as the NFL, NCAA, and AP News to thousands of affiliated stations. Additionally, Cumulus Media manages the Cumulus Podcast Network and offers a comprehensive suite of digital marketing services, encompassing search, social, display, email, video, and audio advertising.

In March 2026, Cumulus Media Inc. filed for Chapter 11 bankruptcy, marking its second such filing in less than a decade, with a plan to eliminate approximately $600 million in debt. As part of this reorganization, the company is transitioning to a private entity, with existing equity interests being canceled and plans to deregister with the SEC. Mary Berner serves as the President and CEO, leading the company's strategy to leverage its local and national reach, integrate digital content, and grow its digital revenue segment, which is targeted to reach 25% of total revenue by the end of 2026.

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CID: 3061