INSIDE …
- Everyone knows Cumulus doctors their revenue figures to make them look better, but savvy analysts have unmasked the real numbers.
- For example, the actual reason why they sold WPLJ-FM, New York and other major market stations is not what you think it is.
- What’s the real EBITDA – they say it’s $230 million, here’s the real number.
- How Cumulus is capitalizing commissions for new local revenue contracts which would have the impact of decreasing operating expenses.
- Why did Cumulus just recently sell a telling $500 million bond at 6.75% -- if you said to raise more money, you’ve only got half of it (and not the main reason).
Start a monthly or annual subscription
Recent Posts
- Listener Supported Commercial Stations
- Bye Bye Market Managers
- iHeart’s Likely Buyer
- Townsquare’s Mounting Problems
- Deregulation in Trouble
- The Real SiriusXM/Audacy Distribution Deal
- Outbreak of License Forfeitures
- The Stations in Danger When De-Reg Resumes
- Why Beasley is Outperforming iHeart
- What Comes After Ratings, Downloads and Impressions?