Overall, Revenue Was Down In Q4 and 2016


Despite revenue at Cumulus’ radio stations being up a tick, Westwood One revenue, which is 30% of the company’s business, took a big hit, dropping 12.3% to $89.1 million. As a result, overall revenue for Cumulus in Q4 of 2016 was down 3% to $299.5 million.

For the year, Cumulus’ revenue was down 2.3% to $1.14 billion. Radio station revenue was up nearly 1% to $802 million while Westwood One revenue was down 8.8% to $336.6 million. The company lost $510.7 million in 2016 compared to $546.5 million in 2015.


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