- 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
- A Dollar Look at Cumulus Deep Cuts This Year
- The Shutting Down of FM Stations
- Behind the Scenes of the Audacy Housecleaning
- And the New Audacy CEO Will Be …
- What’s Impacting Radio’s Digital Business
- A Hurdle Slowing Townsquare’s “Digital First”
- The $47 Million Radio CEO
- A Challenge to Saga’s Business Model
- What Audacy is Up to with Staffing
- A Closer Look at iHeart Spells Trouble