Cumulus Media Stock Price, News & Analysis

Cumulus Media has entered a new syndication agreement with The Daily Wire, providing access to its digital content on over 50 Cumulus radio station websites across the United States. This collaboration enhances their existing relationship, which already includes daily radio shows reaching 250 million Americans monthly. The expansion aims to deliver breaking news and original reporting, easing the strain on local newsrooms and offering seamless user experiences for millions of new readers.

Cumulus Media's Westwood One (NASDAQ: CMLS) is set to deliver extensive coverage of the 2022 NCAA Men’s Final Four on April 2, starting at 3:30 p.m. ET from New Orleans. The broadcast will feature live commentary on the semifinals between Villanova and Kansas, and North Carolina versus Duke. Additionally, all three games will be aired in Spanish and will also connect with audiences via over 500 radio stations, SiriusXM, and online streaming platforms. Westwood One has been the exclusive radio partner for NCAA Women's Final Four since 1998, continuing its rich tradition.

Cumulus Media's Westwood One has extended its partnership with the NFL in a new multi-year agreement. This renewal allows Westwood One to continue broadcasting major NFL games, reaching over 56 million listeners each season. The deal enhances digital distribution rights, enabling NFL primetime game broadcasts on affiliated stations’ digital platforms and the NFL App. Additionally, Westwood One will expand coverage of NFL events and explore new broadcast formats. This partnership solidifies Westwood One’s role as a key audio distributor for the NFL.

TuneIn has entered a distribution agreement with Cumulus Media's Westwood One (CMLS) to offer TuneIn Premium listeners access to NCAA Division I basketball tournament broadcasts and other NCAA sports events. This partnership enhances TuneIn's sports content, allowing users across the U.S. and Canada to enjoy real-time coverage on various connected devices. TuneIn boasts over 75 million monthly active users and provides exclusive access to commercial-free news and sports programming.

The Varsity Network app by LEARFIELD will provide live audio streams of Westwood One's NCAA Championships coverage, enhancing college sports access for fans. This multi-year agreement allows listeners to enjoy broadcasts of March Madness and additional NCAA events. The app offers a unique listening experience, including the Varsity Multicast for all basketball tournament radio broadcasts. Fans can download the app for free on iPhone or Android, giving access to events from nearly 200 affiliated schools. This collaboration aims to elevate content delivery in college sports.

Cumulus Media's Westwood One will provide comprehensive coverage of the NCAA Division I Men's Basketball Championship, starting March 15, 2022. The broadcasts include all 67 games, featuring the Final Four on April 2 and the National Championship on April 4, available in both English and Spanish. Coverage can be accessed via over 500 radio stations, SiriusXM, and various online platforms, including NCAA.com. Notable commentators include Kevin Kugler, PJ Carlesimo, and Clark Kellogg.

Cumulus Media (NASDAQ: CMLS) has announced the expansion of its NCAA Women’s Championship event broadcasts through its Westwood One network, marking a significant increase in coverage for women's sports. The broadcasts will feature key events including the Women’s Frozen Four, Division I Women’s Lacrosse Championship, and the Women’s Basketball Tournament, commencing on March 18, 2022. Fans can listen via various platforms such as AM/FM radio, SiriusXM, and online. This initiative aims to enhance visibility and accessibility for women's championships.

Cumulus Media (NASDAQ: CMLS) has released a report highlighting the significant dominance of AM/FM radio in ad-supported audio among registered voters. Key findings include a staggering 75% market share for AM/FM radio in this demographic and an 88% share of ad-supported audio in cars. While AM/FM radio remains stable, podcasts have nearly doubled in audience share from 2019 to 2021, contrasting with a 25% decline for Pandora. The report underscores the importance of radio, particularly in automotive and smart speaker platforms.

Cumulus Media (NASDAQ: CMLS) announces its broadcast coverage of 23 NCAA Men's and 3 Women's Championship basketball games between March 5 and March 13, 2022, through its audio network Westwood One. Coverage begins with the Ohio Valley Conference Championship and includes key games from various conferences, culminating in Selection Sunday. Westwood One remains the exclusive audio partner for NCAA basketball tournaments, enhancing the sport's reach and engagement across its platforms.