Cumulus All in On Exiting Radio

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  • The profit in not growing the company.
  • Plans for market managers.
  • Latest distraction: a new low margin business with auto renew in fine print.
  • They failed in network, podcasting and spot radio, here’s where they appear to be headed next.
  • And, that $50 million buyback of stock has come under fire for this reason.

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Click to read: Turmoil Over Who Controls the Car Radio … Audacy’s Copycat Bankruptcy … How Audacy is Sportswashing Investors … Chaos at the Big 3 Radio Monopolies … Saga’s Pat Paxton Hire … What Post-Bankruptcy Audacy Might Look Like ... Local Advertisers Dumping Radio … Audacy Preps for Bankruptcy by Increasing Spending … Ford Won the AM Radio Battle …. Audacy Bankruptcy Negotiations …

You may also like: The Surprise Audacy CEO After Bankruptcy … Crocodile Tears for AM Radio … The Value Destruction of Audacy … iHeart’s Future in Artificial Intelligence … Lenders Pressure Audacy for Deeper Cuts …How the Fields’ Intend to Keep Audacy … Radio is Changing Layoff Rules … Bankruptcy Update on Audacy, Cumulus, iHeart & Beasley … The “Bowtie” That is Choking Radio … iHeart’s True Financials

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