Cumulus Media Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Public

  • Employees
  • 3,367

Employees

  • Stock Symbol
  • CMLS

Stock Symbol

  • Investments
  • 26

  • Share Price
  • $2.10
  • (As of Monday Closing)

Cumulus Media General Information

Description

Cumulus Media Inc is an audio-first media company delivering content to over a quarter billion people every month wherever and whenever required. It is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with Westwood One network and numerous digital channels. The company's revenue is derived mainly from the sale of local, regional, and national advertising which is broadcast on its radio stations.

Contact Information

Formerly Known As
Cumulus Holdings
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Broadcasting, Radio and Television
Stock Exchange
NAS
Corporate Office
  • 780 Johnson Ferry Road NorthEast
  • Suite 500
  • Atlanta, GA 30342
  • United States
+1 (855) 000-0000

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Cumulus Media Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.10 $2.05 $1.78 - $6.59 $35.5M 16.7M 35.2K -$6.44

Cumulus Media Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 792,875 821,349 883,308 1,052,159
Revenue 838,909 844,548 953,506 916,467
EBITDA 29,300 26,390 140,541 141,652
Net Income (110,566) (117,879) 16,235 17,278
Total Assets 1,418,533 1,440,301 1,609,031 1,717,382
Total Debt 809,156 813,080 862,351 952,957
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Cumulus Media Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Cumulus Media Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Cumulus Media Inc is an audio-first media company delivering content to over a quarter billion people every month wherev
Broadcasting, Radio and Television
Atlanta, GA
3,367 As of 2023
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San Antonio, TX
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Irving, TX
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Cumulus Media Competitors (15)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
iHeartMedia Formerly PE-Backed San Antonio, TX 00000 00.000 000000000 00 00.000
Nexstar Media Group Formerly PE-Backed Irving, TX 00000 00.000 000000000 00 00.000
Sirius XM Radio Corporate Backed or Acquired New York, NY 0000 000.00 000000000 - 000.00
Tegna Corporation Tysons, VA 0000 00.000 000000000 00 00.000
Southern Cross Media Group Corporation South Melbourne, Australia 0000 00000 0&0
You’re viewing 5 of 15 competitors. Get the full list »

Cumulus Media Patents

Cumulus Media Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-6315072-B1 Motorcycle engine mounting assembly Inactive 29-Jul-1999 000000000 00

Cumulus Media Executive Team (21)

Name Title Board Seat
Mary Berner President, Chief Executive Officer & Board Member
Bob Walker President
Dave Milner President, Operations
Francisco Lopez-Balboa Chief Financial Officer & Executive Vice President
Conrad Trautmann Chief Technology Officer
You’re viewing 5 of 21 executive team members. Get the full list »

Cumulus Media Board Members (18)

Name Representing Role Since
Andrew Hobson Self Chairman & Board Member 000 0000
Brian Kushner Ph.D Self Board Member 000 0000
Deborah Farrington Self Board Member 000 0000
Joan Gillman Cumulus Media Board Member 000 0000
Mary Berner Cumulus Media President, Chief Executive Officer & Board Member 000 0000
You’re viewing 5 of 18 board members. Get the full list »

Cumulus Media Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Cumulus Media Investments & Acquisitions (26)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Merlin Media 15-Jun-2018 0000000000 0000 Broadcasting, Radio and Television 0000 0000
NASH FM 92.3 26-May-2014 0000000000 Broadcasting, Radio and Television
Merlin Media (Chicago Stations) 03-Jan-2014 0000000000 Broadcasting, Radio and Television 0000 0000
Westwood One 12-Dec-2013 0000000000 00000 Media and Information Services (B2B) 00000 000
Rdio 15-Sep-2013 Early Stage VC 0000 Application Software
You’re viewing 5 of 26 investments and acquisitions. Get the full list »

Cumulus Media Subsidiaries (3)

Company Name Industry Location Founded
Westwood One Media and Information Services (B2B) New York, NY 1974
WQHZ Broadcasting, Radio and Television Erie, PA 0000
Cumulus Broadcasting Acquirer Atlanta, GA
To view Cumulus Media’s complete subsidiaries history, request access »

Cumulus Media ESG

Risk Overview

Risk Rating

Updated June, 24, 2023

12.86 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,216

Rank

0.0

Percentile

Media

Industry

00 of 306

Rank

00.00

Percentile

Broadcasting

Subindustry

0. of 62

Rank

00.00

Percentile

To view Cumulus Media’s complete esg history, request access »

Cumulus Media Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
Rdio 15-Sep-2013 00000 00000 00 0000 Completed
  • 0000000 00000
Cumulus Media (15 Radio Stations) 02-Dec-2003 000000000 00000 00 0000 Completed
  • 0000000 00000
iBiquity Digital 23-Aug-2000 Merger of Equals Completed
  • 29 buyers
To view Cumulus Media’s complete exits history, request access »

Cumulus Media FAQs

  • When was Cumulus Media founded?

    Cumulus Media was founded in 1997.

  • Who is the founder of Cumulus Media?

    Richard Weening and Lewis Dickey Jr. are the founders of Cumulus Media.

  • Who is the CEO of Cumulus Media?

    Mary Berner is the CEO of Cumulus Media.

  • Where is Cumulus Media headquartered?

    Cumulus Media is headquartered in Atlanta, GA.

  • What is the size of Cumulus Media?

    Cumulus Media has 3,367 total employees.

  • What industry is Cumulus Media in?

    Cumulus Media’s primary industry is Broadcasting, Radio and Television.

  • Is Cumulus Media a private or public company?

    Cumulus Media is a Public company.

  • What is Cumulus Media’s stock symbol?

    The ticker symbol for Cumulus Media is CMLS.

  • What is the current stock price of Cumulus Media?

    As of 22-Jul-2024 the stock price of Cumulus Media is $2.10.

  • What is the current market cap of Cumulus Media?

    The current market capitalization of Cumulus Media is $35.5M.

  • What is Cumulus Media’s current revenue?

    The trailing twelve month revenue for Cumulus Media is $839M.

  • Who are Cumulus Media’s competitors?

    iHeartMedia, Nexstar Media Group, Sirius XM Radio, Tegna, and Southern Cross Media Group are some of the 15 competitors of Cumulus Media.

  • What is Cumulus Media’s annual earnings per share (EPS)?

    Cumulus Media’s EPS for 12 months was -$6.44.

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