Investors

Click here for access to the recording of Cumulus Media’s Conference Call to Discuss Q1 2025 Operating Results

Cumulus Media Reports Operating Results for the First Quarter 2025

ATLANTA, GA — May 1, 2025: Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three months ended March 31, 2025.

Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “For the first quarter, we delivered revenue in line with pacing guidance despite worsening economic headwinds reflecting, among other things, the imposition of tariffs that have depressed both consumer and advertiser sentiment. However, with that backdrop, what remains constant is our relentless focus on actions to mitigate the impacts of the macro environment. For example, we accelerated growth in our digital marketing services business, which was up 30% for the quarter; leveraged our entire platform to capture demand opportunities; and drove additional annualized cost reductions of $7.5 million. Moving forward, we will continue to execute these strategies while simultaneously working to fundamentally transform the way we use and leverage our key assets.”

Read the full Press Release
Date Article Title
5/1/25 Cumulus Media Reports Operating Results for the First Quarter 2025
4/21/25 Cumulus Media Announces Conference Call to Discuss First Quarter 2025 Operating Results
2/27/25 Cumulus Media Reports Operating Results for 2024
2/18/25 Cumulus Media Announces Conference Call to Discuss Fourth Quarter and Full Year 2024 Operating Results
1/22/25 Cumulus Media Appoints a Top Shareholder Steven M. Galbraith to Board of Directors
11/1/24 Cumulus Media Reports Operating Results for the Third Quarter 2024
10/21/24 Cumulus Media Announces Conference Call to Discuss Third Quarter 2024 Operating Results
8/2/24 Cumulus Media Reports Operating Results for the Second Quarter 2024
7/19/24 Cumulus Media Announces Conference Call to Discuss Second Quarter 2024 Operating Results
Previous Financial Releases
Date Article Title
5/1/25 Cumulus Media Reports Operating Results for the First Quarter 2025
4/21/25 Cumulus Media Announces Conference Call to Discuss First Quarter 2025 Operating Results
4/15/25 New Installment of Cumulus Media’s “Your Music Plus” Audio Series Takes Rock and Alternative Listeners “Up From The Bottom” With Linkin Park
4/2/25 Cumulus Media’s Westwood One to Broadcast the 2025 NCAA® Division I Men’s Final Four® and National Championship Game in Spanish for the Eighth Straight Tournament
4/2/25 Cumulus Media’s Westwood One Presents Exclusive Full-Court Audio Coverage of the 2025 NCAA® Division I Men’s and Women’s Basketball Final Four® and National Championship Games on Multiple Platforms
3/27/25 Three Cumulus Media Personalities Honored With 2025 Gracie Awards for Outstanding Programming By, For, and About Women
3/26/25 Cumulus Media Launches “The Overnight Ride” With Host Justin Franiak, the Only Nationally Syndicated Overnight Country Radio Show Broadcasting Live From Nashville
3/18/25 Cumulus Media’s Westwood One Presents Exclusive Multiplatform Audio Coverage of the 2025 NCAA® Men’s Basketball Tournament
3/17/25 New Installment of Cumulus Media’s “Your Music Plus” Audio Series Takes Off Across the U.S. Today With Miranda Lambert’s “Run”
3/5/25 Cumulus Media’s Westwood One Presents Audio Coverage of 2025 College Basketball Conference Championship Week
3/4/25 Cumulus Media Appoints Adam Dobbins as Vice President/Market Manager for Cumulus Des Moines
3/4/25 Rising Conservative Voice Vince Coglianese Joins National Conversation With New Live Radio Show and Podcast
2/27/25 Cumulus Media Reports Operating Results for 2024
2/26/25 Cumulus Media Delivers More Impact for Advertisers with Quu’s Dashboard Visual Messaging
2/24/25 Cumulus Media Expands Creative Resources for Clients With the Addition of SPECai Spec Spot Creation Technology
2/18/25 Cumulus Media Announces Conference Call to Discuss Fourth Quarter and Full Year 2024 Operating Results
2/18/25 U.S. Soccer and Westwood One Reach English-Language Audio Rights Agreement
2/10/25 Cumulus Media’s “Your Music Plus” Audio Series Shines a Light on the Stories Behind the Making of Multi-Platinum Band, Shinedown’s New Single, “Three Six Five”
2/6/25 Westwood One Presents Super Bowl LIX Game-Day Coverage With an All-Pro Broadcast Team
2/4/25 Cumulus Media Promotes Yancy McNair to Senior Vice President of Engineering
1/28/25 Cumulus Media Appoints Cody Welling as Regional Vice President/Market Manager for Cumulus Flint/Saginaw, MI
1/27/25 Cumulus Media’s “Your Music Plus” Audio Series Brings Brand New Papa Roach Single to the Forefront for Rock Fans With Stories and Insights Into the Making of “Even If It Kills Me”
1/23/25 Westwood One to Broadcast NFL Championship Sunday, Sponsored by Intuit Turbotax
1/22/25 Cumulus Media Appoints a Top Shareholder Steven M. Galbraith to Board of Directors
1/22/25 Cumulus Media Promotes Pete Mundo to Vice President of News/Talk
1/22/25 Cumulus Media Appoints Paul Farnham, Jr. as Vice President/Market Manager for Cumulus Shreveport/Bossier City
1/22/25 Nationally Syndicated Talk Show “America at Night With Rich Valdés” Moves to New Live Time Slot and Adds 25 New Affiliates in January
1/16/25 Westwood One to Broadcast NFL Divisional Round, Sponsored by Intuit Turbotax
1/13/25 Cumulus Media Kicks Off 2025 “Your Music Plus” Audio Series With Keith Urban and Stories Behind the Making of His New Single, “Straight Line”
1/9/25 Westwood One to Broadcast NFL Wild Card Weekend
12/16/24 “The Jim Rome Show” to Be Exclusively Syndicated and Distributed by Westwood One During Coveted New Time Slot
12/13/24 The Cumulus Podcast Network Celebrates Outstanding Podcast Rankings in November
12/5/24 Cumulus Media Appoints Todd Cavanah as Vice President of Classic Hits
12/2/24 Cumulus Media and Signal Hill Insights Release Podcast Download – Fall 2024 Report
11/26/24 Westwood One Introduces the Next Evening Star of Country Music Radio With Launch of “Country Nights Live With Bev Rainey”
11/25/24 Westwood One Brings the Next Generation of Syndicated Weekend Show, “American Country Countdown” to Music Fans With New Host, Ryan Fox
11/1/24 Cumulus Media Reports Operating Results for the Third Quarter 2024
10/30/24 Cumulus Media Appoints Leslie Whittle as Regional Content Director for CHR Stations Q99.7 in Atlanta and 104.1 KRBE in Houston
10/29/24 Cumulus Media and TuneIn Expand Content Partnership Agreement
10/29/24 Cumulus Media Takes Måneskin Fans Behind the Scenes of Lead Singer Damiano David’s First Solo Project, Single “Born With A Broken Heart’ on “Your Music Plus” Audio Feature
10/21/24 Cumulus Media Announces Conference Call to Discuss Third Quarter 2024 Operating Results
10/2/24 Rich Eisen Podcast Network Expands Programming With Two New Shows for the Cumulus Podcast Network
10/2/24 The Benny Show Joins the Cumulus Podcast Network
9/25/24 Westwood One Syndicated Country Radio Personality Elaina Smith Takes Second Bow as Voice of People’s Choice Country Awards Live From the Grand Ole Opry This Thursday
9/4/24 Cumulus Media’s Westwood One Launches 38th Consecutive Season as the Exclusive Primetime Network Radio Partner of the NFL
8/26/24 Cumulus Media Delivers Coldplay’s New Single, “We Pray” to CHR Stations Across the U.S. in New Your Music Plus Audio Feature Launching Today
8/19/24 Cumulus Media Country Stations Turn Up Kenny Chesney’s New Single, “Just To Say We Did” on “Your Music Plus” Audio Feature Premiering Today Across the U.S.
8/15/24 “The BOB & TOM Show” Signs Multi-Year Deal with Westwood One
8/15/24 Cumulus Media Announces Leadership Changes to the Cumulus Podcast Network
8/6/24 Westwood One Names Steve Harmon New Host of “Country Gold”
8/2/24 Cumulus Media Reports Operating Results for the Second Quarter 2024
7/19/24 Cumulus Media Announces Conference Call to Discuss Second Quarter 2024 Operating Results
7/16/24 Cumulus Media Appoints Tish Boden to Vice President/Market Manager for Cumulus Fayetteville, NC
7/16/24 Bongino Report Early Edition with Evita℠ Joins the Cumulus Podcast Network
7/8/24 Cumulus Media “Your Music Plus” Audio Feature Lights Up Fontaines D.C. Single, “Starburster” on Cumulus’ Alternative Stations Across the U.S.
7/2/24 Mark Levin Extends Contract With Westwood One
7/1/24 Cumulus Media Promotes Shoshana Shapiro to Senior Vice President, Corporate Communications and Marketing
7/1/24 Cumulus Media “Your Music Plus” Audio Feature Shines Spotlight on the Making of Falling In Reverse’s Summer Rock Anthem “All My Life,” Featuring Jelly Roll
6/21/24 Cumulus Media Promotes Alex Cadelago to Regional Vice President
6/17/24 Cumulus Media Orders More Jelly Roll for its Country Stations in “Your Music Plus” Audio Feature on the Making of the New Single “I Am Not Okay”
6/12/24 Cumulus Media Promotes Kriston Aitken to Chief Human Resources Officer
6/3/24 Cumulus Media and Signal Hill Insights Release Podcast Download – Spring 2024 Report
5/17/24 “KMJ: 100 Years in the Valley” Documentary on Cumulus Media’s News Talk 580 and 105.9 KMJ in Fresno, CA, Earns Regional Emmy Nomination
5/13/24 Cumulus Media Appoints Country Programmer Travis Daily as Vice President of Country
5/13/24 Cumulus Media Takes Alternative Rock Fans Behind the Making of Glass Animals’ First Single From Their Upcoming Album, I LOVE YOU SO F***ING MUCH in New “Your Music Plus” Audio Feature
5/13/24 Cumulus Media Promotes Steve Holm to Regional Vice President/Market Manager for Cumulus Grand Rapids/Muskegon, MI
Previous Company Releases
Date Article Title
1/6/25 Cumulus Media’s B106.7/WTCB-FM to Launch New Live and Local Morning Drive Show in Columbia, SC, This Week
11/15/24 Cumulus San Francisco Announces Strategic Operating Moves
11/8/24 Lehigh Valley’s Christmas Tradition Gets a Holly Jolly Boost
11/4/24 Cumulus Media Brings Classic Rock to Southern New England With Launch of 106.3 The Wolf/WWKX-FM in Providence, RI
10/17/24 Cumulus Media’s Q101 Chicago Announces All-Star Alternative Music Lineup for Twisted XMAS 2024 Concert Series on December 10th-13th at Byline Bank Aragon Ballroom
9/12/24 Cumulus Media Rocker 99ROCK/99.5 WKSM-FM Brings Stroke Mastro to Mornings in Fort Walton Beach, FL, as On-Air Host of “The Morning Movement” With Taryn Driggers
9/12/24 92 PRO-FM Expands Morning Talent Lineup With Return of Kim Zandy, Who Joins Bekah Berger and Jay Buff as Co-Host of “92 PRO-FM Mornings,” New England’s Most Entertaining Top 40 Morning Radio Show
9/3/24 Cumulus Media Appoints McConnell “Large” Adams as Program Director for Central Arkansas’ Number One Hit Music Station, Alice 107.7/KLAL-FM and B98.5/KURB-FM, Little Rock’s At-Work Station and Home of Today’s Hits and Yesterday’s Favorites
8/26/24 Cumulus Media Welcomes Erik Gee as New Program Director and Morning Show Host for KQSM 92.1 The Ticket, Kicking Off Exciting New Chapter for Sports Radio in Northwest Arkansas
8/16/24 Cumulus Media Bolsters Programming Organization With Multiple Promotions in Key Louisiana Markets
8/12/24 On-Air Personality Monique Jordan Heads to Memphis as Midday Host for Cumulus Media’s 103.5 WRBO, the Best Mix of R&B
7/23/24 Cumulus Media Promotes Mike Hohler to Program Director for Powerhouse San Francisco Bay Area Sports Stations KNBR-AM/FM, KGO, and KTCT
6/10/24 Award-Winning Chicago On-Air Personality Ray Stevens Debuts New Morning Show Today on Cumulus Media’s 890 WLS-AM
5/17/24 “KMJ: 100 Years in the Valley” Documentary on Cumulus Media’s News Talk 580 and 105.9 KMJ in Fresno, CA, Earns Regional Emmy Nomination
Previous Local Releases
Date Article Title
4/1/25 Cumulus Media Mobile/Pensacola Puts 10-Station Platform in Action to Find Forever Homes for Area’s Homeless Pets in First-Ever Gulf Coast Pet Adoption Festival
3/25/25 New Country 96.3 Morning Hosts Hawkeye and Michelle Give Away Thousands of Eggs in the Great Egg Giveaway with Kroger
3/20/25 Cumulus Media’s Magic 103.9, KIX96, and i-95 The Rock of Savannah Raise More Than $113,000 for St. Jude Children’s Research Hospital During 2025 “Music Gives to St. Jude” Radiothon
3/18/25 Cumulus Media’s New Country 96.3 and 99.5 The Wolf Raise $300,000 for Cook Children’s Medical Center at 4th Annual Texas Independence Jam at Billy Bob’s Texas
3/5/25 Cumulus Modesto/Stockton Radio Stations Kat Country 103 and 104.1 The Hawk Join Forces to Raise $212,220 for St. Jude Children’s Research Hospital Through Two Successful Radiothons
3/3/25 Cumulus Des Moines Radio Stations 95 KGGO and Nash FM 97.3 Raise $81,523 for St. Jude Children’s Research Hospital During 2025 “Music Gives to St. Jude” Radiothon
12/13/24 Cumulus Media’s New Country 96.3 and 99.5 The Wolf Join Forces for 11th Annual Cook Children’s Radiothon, Raising Over $1,327,708 for Cook Children’s, a Children’s Miracle Network Hospital in Fort Worth
12/13/24 Cumulus Des Moines Country Station 92.5 KJJY Raises $149,335 for Critically Ill Iowa Children and Their Families During Annual Two Days of Compassion Radiothon
12/11/24 Cumulus Houston’s 104.1 KRBE and Texas Children’s Hospitals Present 3rd Annual “Houston’s Little Heroes”, Raising Over $164,000 for Children’s Miracle Network
12/5/24 New Country 96.3 On-Air Personalities Hawkeye and Michelle Rodriguez of “Hawkeye in the Morning” Collect 215,800 Holiday Cards for U.S. Troops Serving Overseas This Holiday Season
11/20/24 Cumulus Media’s 97.5 WABD Presents Successful Annual Camp Out for Hunger Food Drive Benefiting Gulf Coast Families
11/15/24 Cumulus Media Stations to Host 4th Annual Holiday Food Drive Next Saturday to Benefit Food Banks in the Lehigh Valley and Poconos
11/11/24 Cumulus Media Saginaw’s The Rock Station Z93 and PD Matt Bingham Break Mid-Michigan Fundraising Record for the American Cancer Society’s Annual Men Wear Pink Campaign to Fight Breast Cancer
11/8/24 104.1 KRBE, Houston’s #1 Hit Station, Drives Over 3,000 Pounds of Food Donations to the Houston Food Bank Through Successful 2nd Annual Turkey Tour With Kevin & Audrey
11/5/24 Cumulus Memphis’ Rock Station 98.1 The Max Raises Over $920,000 for Ronald McDonald House Charities of Memphis in Record-Breaking 34th Annual Radiothon 
10/24/24 I-95, The Rock of Savannah, Savannah Harley-Davidson, and the Savannah H.O.G. Chapter Raise Funds for Breast Cancer Charity, Margie’s Army Foundation, at 4th Annual SAVE THE TA-TAS Poker Run
10/1/24 Cumulus Fresno’s NewsTalk 580/105.9 KMJ Partners With Gar Bennett to Raise a Record-Breaking $493,000 for the Central California Food Bank in 11th Annual Feeding Families Fund Drive
7/23/24 Cumulus Media’s New Country 96.3 and Tom Thumb Stores Partner for Hawkeye and Michelle’s Diaper Drive, Driving Donations of Over 20,000 Diapers for Cook Children’s in Fort Wort
5/30/24 Cumulus Media’s Three Buffalo, NY, Music Stations Raise Over $430,000 in Just 24 Hours for the John R. Oishei Children’s Hospital
All Community Service Releases

FY 2022 Investor Update

Cumulus Media Inc. Fiscal Year 2022 Investor Update Presentation, February 2023
FY 2022 Investor Update
February 2023

Corporate Sustainability

Cumulus Media 2024 Corporate Sustainability Report
2024 Corporate Sustainability Report (PDF)

Analyst Coverage

Firm NameCFA
Barrington ResearchPat Sholl
Noble Capital MarketsMichael Kupinski

Corporate Office

780 Johnson Ferry Road
Suite 500
Atlanta, Georgia 30342
ContactUs@cumulus.com

Investor Contact

IR@cumulus.com

To be added to the Investor Relations distribution list, please complete the form below:

Corporate Officers

Mary G. Berner
President and Chief Executive Officer

Frank Lopez-Balboa
Executive Vice President, Treasurer and Chief Financial Officer

Richard S. Denning
Executive Vice President, Secretary and General Counsel

Corporate Governance

Audit Committee Charter
Compensation Committee Charter
Nominating Committee Charter
Code of Business Conduct and Ethics
Anti-Bribery Policy
SEC Filings

Cumulus Media (OTCQB: CMLS) is an audio-first media company delivering premium content to a quarter billion people every month — wherever and whenever they want it. Cumulus Media engages listeners with high-quality local programming through 400 owned-and-operated radio stations across 84 markets; delivers nationally-syndicated sports, news, talk, and entertainment programming from iconic brands including the NFL, the NCAA, the Masters, Infinity Sports Network, AP News, the Academy of Country Music Awards, and many other world-class partners across more than 9,500 affiliated stations through Westwood One, the largest audio network in America; and inspires listeners through the Cumulus Podcast Network, its rapidly growing network of original podcasts that are smart, entertaining and thought-provoking. Cumulus Media provides advertisers with personal connections, local impact and national reach through broadcast and on-demand digital, mobile, social, and voice-activated platforms, as well as integrated digital marketing services, powerful influencers, full-service audio solutions, industry-leading research and insights, and live event experiences.