The company reported a net income of $8.7 million in the second quarter of this calendar year.
"Berner said Cumulus remains open to any other offers that may "drive superior shareholder value.""
"Cumulus Media is the first known radio broadcasting company to institute a vaccine mandate."
"In a statement to Robert Feder, the union says that Berner's plan has overstepped her authority."
It’s no secret in the radio business that Cumulus Media have been dealing with challenges after filing for bankruptcy in November. Among them included giving up...
Cumulus Media and the Dallas Mavericks have reached an agreement to extend their radio partnership. The new deal keeps the two sides together through the 2022-2023...