Cumulus is back in financial hot water.
Real operating cash flow numbers have been revealed.
The local revenue and trade numbers without adjustments.
They’ve had to trade more and report it as cash revenue – here is that number.
Their recent firing of hundreds of traffic directors is juxtaposition against real expense figures that they legally have to disclose.
How is podcasting working out?
And what is Cumulus becoming more dependent on.
Recent Posts
- The Company Cleaning iHeart’s Clock
- The End of Consolidation
- The Return of Payola
- iHeart Scraping Competitors’ Business
- The Hurry-Up Cumulus Bankruptcy Plan
- Urban One’s Managed Decline
- An Urgent Behind-the-Scenes Cumulus Pivot
- GM Secretly Taking Back In-car Entertainment
- The Podcast Reckoning
- Beasley’s Nepo Problem