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
- Lenders Seize Control of Cumulus
- What iHeart Isn’t Saying
- “Pausing” Radio Stations
- Radio’s Smoking Gun
- Leadership Vacuum Backfiring at Saga
- Inside the Beasley 111% Stock Surge
- Spotify’s Siphoning Local Radio Dollars
- The Distracted Listening Epidemic
- Audacy’s U-Turn
- Warshaw Isn’t Negotiating with Cumulus BUT…