Crestview Emerges Unscathed In A Cumulus Bankruptcy


  • 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.

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