#cumulus-media

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fromRAIN News
1 day ago

Cumulus Q3: More AI; bigger marke share; lower net revenue

Posted total net revenue of $180.3 million, a decline of 11.5% year-over-year Generated digital revenue of $39.0 million, a decrease of 2.6% year-over-year But there is nuance in those metrics also, related to the departure of The Dan Bongino Show, an extraordinarily podcast. (Bongino discontinued the podcast when he was recruited as Director of the FBI.) Bongino's departure registers on the finance sheet as a $6.9 million negative impact.
Media industry
fromPodcaster News
2 months ago

Cumulus Media And Rumble Announce Joint Strategic Partnership - Podcaster News

"This partnership represents a powerful alignment between two media innovators," said Collin Jones, President, Westwood One and EVP, Corporate Strategy & Development, Cumulus Media. "By combining our premium podcast inventory with Rumble's dynamic creator ecosystem, we're creating a new frontier for host-read advertising that delivers authenticity, scale, and brand safety."
Digital life
US news
fromRAIN News
6 months ago

Cumulus Media set to ditch Nasdaq for OTC; Q1 earnings release May 1

Cumulus Media is moving from Nasdaq to OTC trading due to its low stock price of $0.20.
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