Cumulus Media To Go Private, Flush Board Upon Chapter 11 Exit
Cumulus Media's days as a publicly traded broadcaster are at an end. The company's prepackaged Chapter 11 bankruptcy plan lays out a reorganization that wipes out current shareholders entirely, sees an entirely new board, and could lead to new executive leaders.
Cumulus Media Files for Chapter 11 Bankruptcy
On Thursday morning, Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt between its more than 400 AM/FM stations and Westwood One network.
RAB’s ‘One Voice for Radio’ Marks First-Year Wins and Priorities
After sharing details from Nielsen's three-minute shift and the industry's ongoing digital revenue renaissance, the RAB united some of radio's most respected leaders to deliver a clear message: radio stations, across owners and markets, are still strongest together.
Markey and Barrasso Rally For Radio at NAB’s D.C. Fly-In
A record turnout of broadcasters converged on Washington, DC, as radio’s core policy fights of protecting AM access, stopping new performance royalties, and updating ownership rules took center stage at the National Association of Broadcasters’ State Leadership Conference.
iHeartMedia Cuts Full-Year Net Loss in Half as Digital Audio Grows
Podcasts were the clearest growth driver for iHeartMedia in its fourth quarter 2025 earnings report, rising 24.5% year over year, but the gains were not enough to prevent a quarterly net loss, even as the company cut its full-year loss by more than half.
New Bill Would Force FCC to Act Fast on Radio M&A or Face Court
Amid growing expectations of broadcast ownership deregulation, two US House members introduced legislation that would establish an FCC shot clock of sorts that could accelerate deal-making if and when the agency moves to loosen radio's ownership caps.
Brands Win With Radio Ads as MLB’s Top Fans Tune to AM/FM
In less than a month, baseball's biggest fans will be packed into ballparks across America for the earliest season opener in Major League Baseball history. But for the rest of the season, you're likely to find those same fans glued to AM/FM coverage.
Katz: Trust and Reach Keep AM/FM First With Black Audiences
After growing 71% since 2016, Black American consumer spending power is projected to reach $2.1 trillion in 2026, and new analysis from Katz Multicultural shows AM/FM radio remains the most efficient way to reach that audience at scale in ad-supported audio.
MIW: Women Gain Ground in Radio GM Roles, Programming Lags
At the end of 2000, Mentoring and Inspiring Women in Radio conducted its first study of female leadership across US commercial radio. A quarter century later, there are gains in General Manager and programming roles, but persistent underrepresentation remains.
Streaming, AI, and Affluence: The New Case for Sports Radio
Coming off a thrilling Olympic Games and looking ahead to March Madness, MLB, and the World Cup, it's a massive year for sports. With all those reasons to tune in, radio is better positioned than ever to capture that energy and deliver results to advertisers.
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