Cumulus Media is a privately owned American broadcasting company headquartered in the US. Founded in 1997, the company employs approximately 3,130 individuals and reported $827.1M in revenue as of 2024. As a tier 1 media tech buyer, the company specializes in Pro AV services, operating AM and FM radio stations across the United States. It also owns and operates Westwood One.

2024 Revenue

Founded

1997

Headcount

3,130

Headquarters

US

Primary Segment

Pro AV services

Ownership

Privately Owned

News Summary:

On March 15, 2026, Cumulus Media surrendered the licenses for stations 1440 WLWI Montgomery, AL, 1490 WLAW, and 97.5 WLAW-FM Whitehall, MI, along with translator 99.1 W256DM Whitehall, MI, after these stations went silent in March 2025. Earlier, on March 11, a U.S. District Judge recognized an automatic stay in Cumulus Media’s antitrust suit against Nielsen, triggered by the company's Chapter 11 reorganization filing, ordering the parties to submit a joint letter on the bankruptcy proceedings' status by June 9, 2026. This development follows the company's confirmation on March 11 that it filed for Chapter 11 bankruptcy protection last week. The radio broadcaster, which operates nearly 400 AM and FM stations across the United States, seeks to restructure and eliminate a substantial portion of its debt amidst pressure from digital competitors. Also on March 11, Gibson Dunn confirmed its role in advising an ad hoc group of lenders and noteholders on the financial restructuring, which aims to eliminate approximately $600 million in debt from Cumulus Media's balance sheet.

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Cumulus Media offers 3 products in the ad tech and services, pro AV and media and telecoms services industries. Cumulus Media's product portfolio comprises of RTB and programmatic, broadcast television and radio and pro AV services.
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Cumulus Media's revenues were less than $1B in 2024. Caretta Research has split Cumulus Media's revenue into 3 different product categories, the largest of which is audio production services. For full access to Cumulus Media's revenue breakdown subscribe to Caretta Portal.
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Cumulus Media has partners like FreeWheel. Examples of Cumulus Media's suppliers include WideOrbit, Triton Digital and Wipro.

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