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 announced that Rich Valdés will be the new host of The Jim Bohannon Show, starting October 17, 2022. Valdés, a seasoned talk show host, succeeds Jim Bohannon, who retired on October 14, 2022, after over 30 years. Valdés aims to continue Bohannon's legacy of engaging listeners with a mix of breaking news, features, and informative discussions. His first guest will be Mark Levin, a notable media personality. Cumulus Media operates over 405 radio stations and offers various programming through its extensive audio network.
Cumulus Media announced the retirement of legendary broadcaster Jim Bohannon as host of The Jim Bohannon Show for health reasons, effective October 14, 2022. Bohannon has hosted the program for over 30 years, and his farewell show will feature special guests and listener interactions. Starting October 17, Rich Valdes will take over as guest host, continuing the program's tradition of quality content. Bohannon's contributions to radio include numerous accolades, such as his induction into the NAB Broadcasting Hall of Fame.
Cumulus Media (NASDAQ: CMLS) has launched the Bay Area's first sports radio station focused on sports betting, 810 THE SPREAD, aimed at catering to the growing sports betting audience in San Francisco. The new station will provide expert insights and engaging content, broadcasting on the established 810 AM frequency. Program Director Kevin Graham leads the station, which features a dynamic lineup including shows like Bet QL Daily and Jim Rome. Cumulus aims to enhance its sports content offerings alongside sister stations KNBR and KTCT.
Cumulus Media (CMLS) will hold a conference call on October 28, 2022, at 8:30 AM ET to discuss its Q3 2022 operating results. A press release with a summary of these results will be released at approximately 8:00 AM ET. Participants can register in advance through a provided link and listen to the call live via the company's investor relations website. The call will also be accessible via phone for domestic and international callers.
Cumulus Media (NASDAQ: CMLS) announces the launch of Hello Ross, an original podcast hosted by Ross Mathews. The show, which debuts with an interview featuring Chelsea Handler, will release new episodes every Thursday across various platforms, including YouTube. Cumulus Media aims to engage listeners with its growing podcast network, enhancing its portfolio in the audio-first media landscape.
Cumulus Media (NASDAQ: CMLS) has announced that the podcast Afford Anything, hosted by award-winning journalist Paula Pant, has joined its podcast network. The show focuses on personal finance, life decisions, and financial independence, with new episodes released weekly. Afford Anything has over 22 million downloads and is recognized as one of the top finance podcasts by The New York Times. The Cumulus Podcast Network will handle the distribution and monetization of the podcast's content.
Cumulus Media has partnered with YAP Media to monetize, market, and distribute its podcast content. The collaboration brings Young and Profiting, the flagship podcast hosted by Hala Taha, to the Cumulus Podcast Network. This highly-rated podcast covers entrepreneurship and career improvement, releasing episodes multiple times weekly. Additional podcasts from YAP Media will also be included in the network, enhancing Cumulus Media's podcast offerings and reach in the audio market.
Cumulus Media (NASDAQ: CMLS) announced that its Westwood One network will provide exclusive play-by-play coverage of the NFL's primetime games and postseason for the 2022-2023 season. This marks the 36th year as the NFL's exclusive radio partner and the 50th Super Bowl broadcast. Games will air on affiliated digital platforms, the NFL App, and westwoodonesports.com. Notable broadcasters include Kevin Harlan and Kurt Warner. The season kicks off on September 8, 2022, with the Rams vs. Bills and includes extensive coverage across hundreds of radio stations.
Cumulus Media (NASDAQ: CMLS) has released an analysis demonstrating that tailored political ads on AM/FM radio significantly enhance voter engagement. Key findings indicate that station-specific ads achieved a +9% lift in voter intent compared to generic ads at +7%. Swing voters showed a preference for these targeted ads, with a notable 82% reach among them. Allocating just 10% of a political campaign's media budget to AM/FM radio can boost voter reach by +8%. Candidate-voiced ads generated a +6% increase in voter intention, outperforming both professional voiceovers and benchmarks.
Cumulus Media has renewed and expanded its partnership with TuneIn, enhancing access to audio content for over 75 million monthly users. The agreement includes 24/7 streams from Cumulus' 405 local stations across 86 U.S. markets and adds 325 popular podcasts from the Cumulus Podcast Network to the TuneIn platform. This collaboration aims to improve content delivery and audience engagement, aligning with Cumulus’ audio-first strategy. Key podcasts include titles like The Ticket Top 10 and Second Date Update.
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