Welcome to our dedicated page for Cumulus Media news (Ticker: CMLS), a resource for investors and traders seeking the latest updates and insights on Cumulus Media stock.
Cumulus Media Inc. (NASDAQ: CMLS) serves as a cornerstone of the evolving audio media landscape, operating 400+ radio stations while expanding into podcasting and digital solutions. This dedicated news hub provides investors and industry observers with comprehensive updates on corporate developments, financial performance, and strategic initiatives.
Access official press releases alongside curated analysis covering earnings reports, content partnerships, and market positioning within the competitive media sector. The resource consolidates critical updates ranging from Westwood One syndication deals to podcast network expansions, ensuring stakeholders maintain informed perspectives on this audio-first innovator.
Regular updates include coverage of leadership changes, advertising innovations, and responses to industry trends affecting radio broadcasting and digital audio consumption. All content undergoes rigorous verification to ensure accuracy and relevance for financial decision-making.
For consistent access to Cumulus Media's latest developments, bookmark this page or check back regularly for real-time updates impacting one of America's largest radio broadcasters and audio content providers.
Cumulus Media has announced the promotion of Brandon Berman to President of Sales at Westwood One, effective immediately. Berman has dedicated 17 years to Westwood One, rising through various positions, with his most recent role being EVP Sales and Sports Partnerships. He succeeds Ron Russo, who has departed the company for other ventures. President of Westwood One, Suzanne Grimes, commended Berman's strategic leadership and extensive experience in the sports sector, asserting that he is well-equipped to guide the team through economic challenges. Cumulus Media operates over 404 radio stations and is a key player in audio media, reaching over a quarter billion listeners monthly.
Cumulus Media (NASDAQ: CMLS) has released data revealing that over 82 million Americans listen to AM radio each month, with 57% tuning into News/Talk stations for critical local news. This comprehensive analysis, based on the Nielsen Fall 2022 survey, indicates that AM/FM radio maintains a commanding 88% share of in-car ad-supported audio, a figure that has remained stable for six years.
Moreover, Ford owners represent 20% of U.S. AM radio listeners, highlighting the platform's diverse audience. Pierre Bouvard, Chief Insights Officer at Cumulus Media, emphasized the importance of AM radio as a unique media platform amidst discussions of its removal from vehicles.
Cumulus Media Inc. (NASDAQ: CMLS) announced it will host a conference call on April 27, 2023, at 8:30 AM ET to discuss its first quarter 2023 operating results. A press release summarizing these results will be released at approximately 8:00 AM ET, prior to the call. Interested participants can register for the call through a provided link, with an email verification process required. The call will be available in listen-only mode on the company's investor relations website and by phone, with details for both options included. Cumulus Media engages over a quarter billion listeners monthly via its radio stations and affiliate partnerships, offering a range of programming content.
Cumulus Media (NASDAQ: CMLS) announced that four of its on-air personalities received 2023 Gracie Awards, recognizing excellence in media created by, for, and about women. Honorees include Beasy Baybie, Roula Christie, Terri Clark, and Christina Musson, each awarded in different categories for their contributions to local and national programming. The Gracie Awards ceremony is set for May 23 in Los Angeles, with local winners celebrated at a luncheon on June 20 in New York City. The Gracies highlight the achievements of women in media and entertainment, with past winners including notable personalities like Glenn Close and Mindy Kaling.
Cumulus Media (NASDAQ: CMLS) is launching the third installment of its audio series Your Music First, featuring Darius Rucker's new single “Fires Don’t Start Themselves”. This exclusive content will air across 44 Cumulus Country radio stations nationwide over the next four weeks. The series provides personal insights from Rucker and behind-the-scenes stories related to the single, set to be part of his upcoming album Carolyn’s Boy. Cumulus Media aims to enhance listener engagement through this unique campaign, previously featuring artists like Thomas Rhett and Shania Twain. Rucker will also kick off his Starting Fires Tour on June 15th, covering 21 cities.
Cumulus Media (NSDQ: CMLS) announces that Westwood One will provide exclusive audio coverage of the NCAA Men's Final Four and Championship Game in Spanish, starting April 1, 2023. This marks the sixth consecutive year for such broadcasts, presented by Werner Ladder. The Spanish-language broadcasts will feature veteran announcer Rafael Hernández Brito and former All-American Greivis Vásquez as analyst. This initiative aims to reach a diverse audience of basketball fans and construction professionals. Westwood One has been the exclusive network radio partner for NCAA events since 1982, enhancing its engagement with a broad listener base.
Cumulus Media’s Westwood One (CMLS) will provide comprehensive live audio coverage of the 2023 NCAA Men’s and Women’s Final Four from Houston and Dallas, respectively, starting April 1. The Men’s Final Four coverage includes a pregame show at 3:30 p.m. ET and two national semifinal games. Spanish broadcasts will complement the English coverage. The Women’s Final Four kicks off March 31, featuring LSU vs. Virginia Tech, with the National Championship Game set for April 2. Westwood One is also the exclusive radio partner for NCAA Championships, broadcasting since 1982. Notable broadcasts will include original programs like “The Final Four Show.”
Cumulus Media's Westwood One (NASDAQ: CMLS) will broadcast live coverage of the NCAA Men’s Sweet Sixteen on March 23 and 24, starting at 6 p.m. ET each night. Following this, the Men’s Elite Eight will be covered on March 25 and 26, with the NCAA Men’s Final Four on April 1 and the national championship game on April 3, available in both English and Spanish.
A full lineup of college basketball programming will be featured, including daily historical segments and preview shows. Coverage can be accessed via terrestrial radio, SiriusXM, and online streaming platforms.
Cumulus Media's Westwood One (NASDAQ: CMLS) announces exclusive live coverage of the NCAA Division I Women's Basketball Championship, starting March 24, 2023. The coverage includes the Sweet Sixteen, Elite Eight, Final Four, and the national championship game on April 2, 2023. The broadcasts will be available via AM/FM radio, SiriusXM, and online platforms, ensuring fans can access the action easily. With over 25 years of broadcasting this championship, Westwood One continues its partnership with the NCAA, bringing top-quality sports commentary and analysis to audiences nationwide.
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