INSIDE …
- Everyone knows Cumulus doctors their revenue figures to make them look better, but savvy analysts have unmasked the real numbers.
- For example, the actual reason why they sold WPLJ-FM, New York and other major market stations is not what you think it is.
- What’s the real EBITDA – they say it’s $230 million, here’s the real number.
- How Cumulus is capitalizing commissions for new local revenue contracts which would have the impact of decreasing operating expenses.
- Why did Cumulus just recently sell a telling $500 million bond at 6.75% -- if you said to raise more money, you’ve only got half of it (and not the main reason).
Start a monthly or annual subscription
Recent Posts
- AI Insights from My NYU Music Business Class
- Cumulus Just Blinked
- Urban One’s Nuclear Option
- Inside iHeart’s “Guaranteed Human”
- iHeart Mismanagement Exposed
- The Trojan Horse Deal to Rope in Station Buyers
- iHeart Cooked the Essential AM/FM Car Study
- How iHeart Blew the TuneIn Deal
- The Perfect Buyer Waits for Cumulus
- Beasley Asset Sales Plausible