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27 Nov 2017, 5:22 pm
This week, the Atlanta, GA based radio and broadcasting company fulfilled those prophecies by filing to reorganize under Chapter 11 bankruptcy […] The post Cumulus Media Inc. [read post]
17 Feb 2011, 9:52 am
Citadel Broadcasting is in talks to sell itself to a smaller rival, Cumulus Media, for $37 a share in cash and stock after months of refusing to consider a deal. [read post]
19 Dec 2010, 3:28 pm
The two firms have been retained by Citadel Broadcasting, the nation's third-largest radio station operator, as it fends off a $2.1 billion unsolicited bid by Cumulus Media, the second-largest radio station ownership group in the U.S. [read post]
11 Mar 2011, 8:29 am
Journal is reporting today that the nation's second largest radio station owner, Cumulus Media, Inc. [read post]
27 Feb 2022, 8:26 am
(Broadcast Law Blog) [read post]
11 Jan 2009, 7:47 pm
The fines issued that day ranged between $7,000 and $20,000, and included penalties issued to major broadcasting companies including Fox and Cumulus. [read post]
8 Jan 2016, 5:58 am
According to the FCC’s Consent Decree, the Cumulus station broadcast 178 announcements promoting the Northern Pass Project, a proposed hydro-electric project involving the construction of 180 miles of power lines in Canada and New Hampshire. [read post]
28 Apr 2024, 8:35 am
Securities and Exchange Commission (SEC) stating that it had interests in Cumulus exceeding the 5% threshold. [read post]
16 Sep 2011, 7:19 am
Cumulus boasts 570 radio stations in 120 markets nationwide. [read post]
21 Apr 2009, 12:20 am
RadioInk reports: Aldav LLC has filed suit against Clear Channel, Cumulus, Citadel, CBS Radio, Entercom, Saga, Cox Radio, Univision, Regent, Gap, Radio One, and the Aloha Station Trust, claiming that, by replacing advertising and other content in their online streams, the broadcasters are infringing on a patent on which Aldav holds a license.US 6,577,716 (titled Internet radio system with selective replacement capability) has a first claim: A method for replacing a portion of the… [read post]
31 Jan 2016, 12:18 pm
(We do know that the Media Bureau was not involved in the matter, though: during our recent webinar featuring Bobby Baker, the Media Bureau’s political broadcasting guru, Bobby disclaimed any involvement at all in the CD.) [read post]
21 Sep 2018, 11:10 am
The 2018 edition is titled Pillsbury’s Broadcast Finance 2018: Radio’s Debt Cloud Finally Lifts—a reference to the packaged bankruptcies of iHeart and Cumulus that will lighten both companies debt load in 2019, and which will hopefully allow us to turn the page on investors’ perception of radio as a slow growth, high-debt industry. [read post]
16 Jan 2021, 4:21 pm
We also note an upcoming event to which broadcasters will want to pay attention. [read post]
21 Mar 2016, 9:09 am
We wrote here about the $540,000 fine paid as part of a consent decree when a Cumulus radio station did not fully identify the sponsor of advertising on a controversial issue of public importance. [read post]
9 Aug 2019, 6:38 am
The message to broadcasters? [read post]
31 May 2020, 7:35 am
The Commission granted approval to Cumulus Media, Inc. to exceed the Commission’s twenty-five percent foreign ownership threshold. [read post]
12 Sep 2013, 12:24 pm
As before, we will have opening remarks from Marci Ryvicker, a Managing Director with Wells Fargo Securities and Wall Street's number one broadcast analyst, and then a panel featuring Lew Dickey (CEO of Cumulus Media), Mary Quass (CEO of NRG Media), Jeffrey Warshaw (CEO of Connoisseur Media), and Larry Wilson (CEO of Alpha Broadcasting and L&L Broadcasting). [read post]
6 Dec 2010, 5:39 am
Citadel, one of the nation's largest radio station operators, has rebuffed its rival's overture, saying it was not in the best interest of shareholders. [read post]
11 May 2023, 8:13 am
Stations need to keep the required documentation to demonstrate their hiring efforts, as failing to do so can still lead to fines (see our article here and the Cumulus decision noted above). [read post]
18 Aug 2022, 8:47 am
For instance, in 2016 the FCC imposed a $540,000 penalty on Cumulus Radio as part of a consent decree, for running ads supporting a hydro-electric project without a clear sponsorship identification. [read post]
