Read the full article now
- Cumulus has upped their offer and delivered the needed support to do a debt exchange that buys them more time, but there is a big downside.
- Shareholders are in ill humor as they recently rebuked the company, its CEO and c-suite executives – here’s what Cumulus had to admit to the government.
- Cumulus gets a few more years, debt holders get a higher payout but it’s their next move that matters most.
- The best outcome that can be expected from this lopsided debt exchange.
- How both equity and debt investors are likely to get screwed by Cumulus.
Recent Posts
- Outbreak of License Forfeitures
- The Stations in Danger When De-Reg Resumes
- Why Beasley is Outperforming iHeart
- What Comes After Ratings, Downloads and Impressions?
- Cumulus’s FCC DEI Dilemma
- The Next Chapter at iHeart
- Fearless Dan Mason – the Book
- The Answer Commercial Radio Forgot
- Radio’s New Invisible Competitor
- Which Radio Company Is Next?