Cumulus Media (CMLS) Stock News

Cumulus Media's Westwood One (OTCQB: CMLS) has announced its 2025 NFL Season programming lineup as it marks its 39th consecutive season as the NFL's official network audio broadcast partner. The company will provide comprehensive coverage including Monday Night Football, Sunday Night Football, Thursday Night Football, and all International games, culminating with Super Bowl LX.

The broadcast team features Kevin Harlan and Kurt Warner leading Monday Night Football coverage, with expanded pregame and halftime shows hosted by Mike Golic Sr. and Mike Golic Jr. Coverage will be available across 500+ radio stations, SiriusXM, and through Westwood One's new sports website and app, offering enhanced accessibility for NFL audio content.

Cumulus Media (OTCQB: CMLS) reported Q2 2025 financial results, showing a challenging quarter with net revenue of $186.0 million, down 9.2% year-over-year. The company posted a net loss of $12.8 million, an improvement from the $27.7 million loss in Q2 2024. Digital revenue reached $38.8 million, with digital marketing services growing 38% and now representing 50% of total digital revenue.

Despite market headwinds, the company achieved $5 million in annualized cost reductions, bringing total cost reductions to $175 million over five years. The quarter ended with $96.7 million in cash, including a $55.0 million draw on their revolving credit facility. Adjusted EBITDA was $22.4 million, compared to $25.2 million in Q2 2024.

Cumulus Media (OTCQB: CMLS) and Rumble (NASDAQ: RUM) have announced a strategic partnership aimed at expanding their digital media presence. The collaboration involves Cumulus Media's subsidiaries - Westwood One and the Cumulus Podcast Network - working with Rumble's video-sharing platform.

The partnership will focus on three key areas: content distribution across both platforms, maximizing advertising opportunities through multi-platform solutions, and creating new monetization channels for creators. Westwood One will distribute audio and video content on Rumble's platform, while both companies will work together to develop unique advertising solutions for brand partners.

Cumulus Media (OTCQB: CMLS) has announced the expansion of Dallas' top-rated morning show The Musers into podcasting through the Cumulus Podcast Network. The show's hosts - George Dunham, Craig Miller, and Gordon Keith - will create exclusive weekly podcast content, separate from their regular radio program on The Ticket (KTCK-FM/KTCK-AM).

The podcast will release new episodes every Wednesday on major platforms including YouTube and Apple Podcasts. The Musers, Dallas-Fort Worth's longest-running morning show with the same crew, has maintained top ratings since 1995 and has earned a Marconi Award for best radio program in a major market. Westwood One will handle distribution, marketing, and monetization through this exclusive partnership.

Cumulus Media (OTCQB: CMLS) has scheduled a conference call for Thursday, August 7th, 2025, at 8:30 AM ET to discuss its second quarter 2025 operating results. The company will release a summary of results via press release at approximately 8:00 AM ET before the call.

Participants can access the call through pre-registration using NetRoadshow (NRS) or join via operator-assisted dial-in. The call will also be available in listen-only mode through the company's investor relations website, with a recording accessible shortly after completion.

Cumulus Media's Westwood One, the largest U.S. audio network and NCAA's official broadcast partner, will provide comprehensive coverage of the 2025 NCAA Men's College World Series Championship Finals from Charles Schwab Field in Omaha. The broadcast team features Kevin Kugler (21st straight year), Scott Graham (14th year), and newcomer Connor Happer as field reporter. Coverage begins June 21st at 6:45 PM ET. The tournament includes double elimination preliminary games starting June 13th, culminating in a best-of-three championship series. Broadcasts will be available through multiple platforms including terrestrial radio, SiriusXM, NCAA.com/MCWS, westwoodonesports.com, Westwood One Sports app, NCAA Men's College World Series app, The Varsity Network app, Alexa devices, and TuneIn premium.

Cumulus Media's Westwood One will provide exclusive audio coverage of the 2025 NCAA Women's College World Series from May 29 to June 6. The broadcasts will be available across multiple platforms including terrestrial radio, SiriusXM, NCAA.com/WCWS, westwoodonesports.com, and various apps. The broadcast team features Ryan Radtke and Chris Plank as play-by-play announcers, alongside analysts Erin Miller (two-time WCWS champion) and Leah Amico (Hall of Famer, three-time WCWS champion). The tournament includes double elimination games starting May 29 with Texas vs. Florida, followed by the Championship Finals best-of-3 series beginning June 4. All games will be broadcast live from USA Softball Hall of Fame Stadium in Oklahoma City, OK, with comprehensive coverage available through various digital platforms including Alexa-enabled devices and TuneIn premium.

Cumulus Media (NASDAQ: CMLS) reported its Q1 2025 financial results, showing challenging performance amid economic headwinds. The company posted total net revenue of $187.3 million, down 6.4% year-over-year, and recorded a net loss of $32.4 million compared to a $14.2 million loss in Q1 2024. Digital revenue grew 6.1% to $36.6 million, representing 20% of total revenue, with digital marketing services up 30%. The company's streaming revenue increased by 4%, while podcasting showed mixed results. Broadcast radio revenue declined 10.6% to $124.9 million. To address challenges, Cumulus implemented cost-reduction measures resulting in $7.5 million of annualized fixed cost savings. The company ended Q1 with $52.7 million in cash and reported total debt of $670.2 million.

Cumulus Media (NASDAQ: CMLS) has scheduled a conference call for Thursday, May 1st, 2025, at 8:30 AM ET to discuss its first quarter 2025 operating results. The company will release a press release containing the results summary approximately 30 minutes before the call at 8:00 AM ET.

Participants must pre-register through a provided link, requiring a one-time email verification through NetRoadshow (NRS). The call will also be broadcast live in listen-only mode through the company's investor relations website. For operator-assisted dial-in, domestic callers should use 833-470-1428, while international callers should dial 404-975-4839, with participant access code 624457.