- Cumulus reported third quarter revenue down 2% - that’s the good news
- You won’t believe their fastest growing revenue stream
- And how they are hiding debt in broad daylight
- The net effect of staff reductions on actual financials
- Net leverage of other groups is averaging 5.5x – here’s Cumulus’
Report Newstips here
Previously: Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads … Audacy Ignoring Their Debt Problem … Beasley Botches Their Own Layoffs … Radio’s Attention Span Problem … Digital Dimes Killing Terrestrial Revenue … Beasley Headed Towards Bankruptcy … The Other Audacy/Beasley Deal … Olivier Rising at Audacy …
Journalism is printing what someone else does not want printed. Everything else is just public relations -- George Orwell
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