INSIDE …
- Who gets to make the decision to file for Chapter 11 bankruptcy.
- How 28% owner Crestview can screw creditors out of their stake while remaining in control of the company – details.
- The big problem that has nothing to do with sales or revenue that Cumulus (and for that matter any other radio company) just cannot overcome right now.
- Get to know about “Debtor in Possession” – it could be the future at Cumulus.
- A lot of creditors and investors are likely to get screwed – how about Cumulus employees.
- New CEO Mary Berner’s 4 million stock options – what’s that all about in a company ready to go under.
Read the full article now.
Free samples of our work here.
Report Newstips confidentially in our Witness Protection Program here.
Talk to Jerry privately here.
See a complete list of my previous stories here
Recent Posts
- The Erosion of Radio’s Digital
- The Unintended Consequences of the CBS Radio News Shutdown
- The Major Market Selloff
- Salem’s $31 Million “Inside Job”
- The Disconnected Dashboard
- Is Saga’s Turnaround Working?
- Beasley’s Hall Pass
- iHeart’s Q1 Growth Masks Profitability Decay
- Townsquare’s Deceiving Earnings Report
- Radio's New Global Capital Play