- 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
- 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