They sold some of the most iconic major market stations for pennies on the dollar to raise needed cash.
Sold off or are selling real estate.
Reconsidering whether to sell its towers – and that’s a real mess.
Filed for bankruptcy but still have too much debt to operate.
Now with revenue declining, something has to give.
The real numbers shed light on their troubles and isolate the few remaining options Cumulus has left.
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- Radio’s Smoking Gun
- Leadership Vacuum Backfiring at Saga
- Inside the Beasley 111% Stock Surge
- Spotify’s Siphoning Local Radio Dollars
- The Distracted Listening Epidemic
- Audacy’s U-Turn
- Warshaw Isn’t Negotiating with Cumulus BUT…