What companies does Cumulus Media own?
Its subsidiaries include Cumulus Broadcasting LLC, Cumulus Licensing LLC and Broadcast Software International Inc.
Who is the CEO of Cumulus Media?
Mary Berner (Oct 13, 2015–)Cumulus Media / CEO
How many radio stations does Cumulus own?
Cumulus is the second largest radio station operator in the United States, having owned or operated 505 stations in 120 markets as of September 16, 2011. As of December 31, 2017, Cumulus owns and operates 445 stations in 90 markets.
Where is Cumulus Media headquarters?
Atlanta, GACumulus Media / Headquarters
What happened to Citadel Broadcasting stock?
In a deal worth $2.4 billion, Cumulus Media on Thursday agreed to purchase Citadel Broadcasting, combining two of the nation’s top radio companies. The offer allows Citadel shareholders to receive shares of Cumulus or accept $37 for each share of Citadel they own.
What happened to ESPN Radio in Dallas?
In August 2013, a company named Cumulus struck an agreement with ESPN and also signed an LMA with Disney, which gave them control over the station. ESPN successfully operated under these terms until 2020, which is when Cumulus ceased all control over the programming in Dallas.
Who started 1310 the ticket?
Mike Rhyner
Mike Rhyner has retired. The Texas Radio Hall of Famer, who began on Dallas radio in 1979 and in 1994 co-founded Sportsradio 1310 The Ticket, made the stunning announcement Monday that he will no longer appear on “The Hardline.” That’s the afternoon show he has co-hosted since the station went on the air on Jan.
When did Cumulus buy Citadel?
March 10, 2011
On March 10, 2011, Cumulus Media announced that it would purchase Citadel Broadcasting….Citadel Broadcasting.
| Industry | Radio Broadcasting |
|---|---|
| Defunct | September 16, 2011 |
| Fate | Purchased and absorbed into Cumulus Media |
| Successor | Cumulus Media |
| Headquarters | Las Vegas, Nevada , USA |
Does Citadel own media?
Citadel is the nation’s third-largest radio broadcasting company; it owns and operates 166 FM and 59 AM stations in more than 50 markets. Its Citadel Media unit provides radio programming for approximately 4,000 station affiliates. Only Clear Channel and CBS are bigger.
What happened to Bill Dickey at Cumulus?
With Cumulus’ high leverage still a tremendous burden, a debt for equity deal that would have sliced $305 million off of its borrowings no longer happening, and “debt bomb” discussions still rampant among media brokers, Dickey still had a presence with Cumulus, as Vice Chairman of the Board of Directors.
Why did Cumulus Media fire Lew Dickey?
On January 6, 2021, in response to attempts to overturn the 2020 United States presidential election and the storming of the United States Capitol, Cumulus Media executives directed its on-air personalities to stop spreading false information about a stolen election or face termination. Lew Dickey took full charge.
When did Cumulus buy Susquehanna Radio?
In 2006, Cumulus acquired control of Susquehanna Radio, with the backing of 3 venture capital firms ( Bain Capital Partners LLC, The Blackstone Group and Thomas H. Lee Partners, L.P.) for a price of $1.2 Billion.
Who is Jim Dickey and Jim Weening?
Dickey was the radio expert and Weening was the corporate finance and start-up CEO. Dickey was president of both radio consulting firm Stratford Research and his family company, Midwestern Broadcasting, with two stations in Toledo, Ohio; these stations would later be acquired by Cumulus.