Every 8-K that CUMULUS MEDIA INC A (CMLSQ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CMLSQ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMLSQ filings page.
Cumulus Media Inc. reported second quarter 2026 operating results while progressing through a Chapter 11 reorganization. For the three months ended June 30, 2026, net revenue was $167.9 million, down 9.7% year over year, with a net loss of $9.2 million and Adjusted EBITDA of $16.0 million. For the six-month period, net revenue was $332.4 million, down 11.0%, with a net loss of $26.1 million and Adjusted EBITDA of $18.7 million. The company noted that net loss improved substantially versus 2025, while Adjusted EBITDA declined. Broadcast radio revenue fell double digits, while digital revenue was roughly flat and other revenue was mixed. The company’s plan of reorganization has been confirmed by the Bankruptcy Court, and it expects the plan to become effective after FCC approval and other conditions are satisfied.
Cumulus Media reported first quarter 2026 results showing continued losses while progressing through its Chapter 11 restructuring. Net revenue was $164.4 million, down 12.2% from the same period in 2025, reflecting lower broadcast radio and digital revenue partly offset by growth in other revenue.
The Company posted a net loss of $16.9 million, an improvement from a $32.4 million net loss a year earlier, and generated Adjusted EBITDA of $2.7 million, down 23.6%. Broadcast radio revenue declined 19.3%, while digital revenue fell 8.3% and other revenue rose 16.5%.
Cash and cash equivalents were $57.6 million as of March 31, 2026, compared with $82.0 million at December 31, 2025. The Company is operating as a debtor-in-possession, with all debt reclassified to liabilities subject to compromise after its Chapter 11 filing.
The Bankruptcy Court has confirmed Cumulus Media’s Modified Joint Prepackaged Chapter 11 Plan of Reorganization. The Company expects the plan to become effective once conditions precedent, including FCC approval and other required regulatory approvals, have been satisfied or waived.
Cumulus Media Inc. reports that the U.S. Bankruptcy Court has confirmed its joint prepackaged Chapter 11 reorganization plan. The company expects the plan to become effective after Federal Communications Commission and other regulatory approvals.
As of April 3, 2026, Cumulus had 17,668,032 shares of common stock outstanding. Under the plan, all existing common shares and related equity interests will be cancelled on the effective date with no distribution, while new common stock, Special Warrants and Exit Convertible Notes will be issued to creditors. The new common stock is not expected to be listed on any securities exchange or registered under the Securities Act.
A company press release states the plan is expected to eliminate approximately $600 million of debt and strengthen the balance sheet. On the effective date, Cumulus intends to file Form 15 to deregister its common stock and immediately suspend SEC periodic reporting. The filing also details amended employment agreements for the CEO and CFO, reduced base salaries, revised severance multiples, and a new management incentive plan reserving 10% of the new common stock for awards.
Cumulus Media Inc. reported weaker results for the three months and year ended December 31, 2025, while pursuing a prepackaged Chapter 11 restructuring begun on March 5, 2026. Full-year net revenue was $741.7M, down 10.3%, with a net loss of $200.7M and Adjusted EBITDA of $52.0M versus $82.7M in 2024.
In the fourth quarter, net revenue was $188.1M, down 14.0%, with a net loss of $135.1M and Adjusted EBITDA of $9.5M. Broadcast radio, especially network, declined, while digital and “other” revenue were more resilient. The company recorded $109.8M of intangible asset impairments in 2025, contributing to losses, but ended the year with $82.0M in cash and access to its 2020 revolving credit facility.