Cumulus Media Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Public

  • Employees
  • 3,106

Employees

  • Stock Symbol
  • CMLS

Stock Symbol

  • Investments
  • 28

  • Share Price
  • $0.12
  • (As of Wednesday Closing)

Cumulus Media General Information

Description

Cumulus Media Inc is an audio-first media company delivering content to over a quarter billion people monthly 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 the Westwood One network and numerous digital channels. The company's revenue is derived from Broadcast radio revenue, Digital revenue, and Other revenue.

Contact Information

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

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Cumulus Media Stock Performance

As of 18-Jun-2025, Cumulus Media’s stock price is $0.12. Its current market cap is $2.02M with 17.4M shares.

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.12 $0.13 $0.10 - $2.24 $2.02M 17.4M 492K -$17.73

Cumulus Media Financials Summary

As of 31-Mar-2025, Cumulus Media has a trailing 12-month revenue of $814M.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 738,487 757,177 821,349 883,308
Revenue 814,372 827,076 844,548 953,506
EBITDA (186,081) (167,046) 24,150 138,186
Net Income (301,467) (283,254) (117,879) 16,235
Total Assets 1,071,851 1,118,649 1,440,301 1,609,031
Total Debt 790,403 794,707 813,080 862,351
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Cumulus Media Valuation & Funding

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

This information is available in the PitchBook Platform. To explore Cumulus Media‘s full profile, request access.

Request a free trial

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 monthly whenever r
Broadcasting, Radio and Television
Atlanta, GA
3,106 As of 2024

San Antonio, TX
 

Irving, TX
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Cumulus Media Competitors (14)

One of Cumulus Media’s 14 competitors is iHeartMedia, a Formerly PE-Backed company based in San Antonio, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
iHeartMedia Formerly PE-Backed San Antonio, TX
Nexstar Media Group Formerly PE-Backed Irving, TX
Sirius XM Holdings Corporate Backed or Acquired New York, NY
Tegna Corporation Tysons, VA
Southern Cross Media Group Corporation South Melbourne, Australia
You’re viewing 5 of 14 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

Cumulus Media Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Cumulus Media Investments & Acquisitions (28)

Cumulus Media’s most recent deal was a Merger/Acquisition with 99.9 The Hawk. The deal was made on 16-Apr-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
99.9 The Hawk 16-Apr-2019 Merger/Acquisition Broadcasting, Radio and Television
Merlin Media 15-Jun-2018 Merger/Acquisition Broadcasting, Radio and Television
NASH FM 92.3 26-May-2014 Merger/Acquisition Broadcasting, Radio and Television
Merlin Media (Chicago Stations) 03-Jan-2014 Merger/Acquisition Broadcasting, Radio and Television
Westwood One 12-Dec-2013 Merger/Acquisition Media and Information Services (B2B)
You’re viewing 5 of 28 investments and acquisitions. Get the full list »

Cumulus Media ESG

Risk Overview

Risk Rating

Updated March, 08, 2025

12.31 | 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

Management

Management is related to actions taken to manage ESG issues

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

of 14,673

Rank

Percentile

Media

Industry

of 258

Rank

Percentile

Broadcasting

Subindustry

of 52

Rank

Percentile

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

Cumulus Media Exits (3)

Cumulus Media’s most recent exit was on 15-Sep-2013 from Rdio. The exit was categorized as .

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

Cumulus Media Affiliates

Subsidiaries (4)

Name Industry Location Year Founded
Westwood One New York, NY 1974
WQHZ Erie, PA 1971
Cumulus Broadcasting Atlanta, GA
Cumulus Media (Talk 1270 Radio Station in Atlanta, Georgia) Buffalo, NY

Cumulus Media FAQs

  • When was Cumulus Media founded?

    Cumulus Media was founded in 1997.

  • Where is Cumulus Media headquartered?

    Cumulus Media is headquartered in Atlanta, GA.

  • What is the size of Cumulus Media?

    Cumulus Media has 3,106 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 18-Jun-2025 the stock price of Cumulus Media is $0.12.

  • What is the current market cap of Cumulus Media?

    The current market capitalization of Cumulus Media is $2.02M.

  • What is Cumulus Media’s current revenue?

    The trailing twelve month revenue for Cumulus Media is $814M.

  • Who are Cumulus Media’s competitors?

    iHeartMedia, Nexstar Media Group, Sirius XM Holdings, Tegna, and Southern Cross Media Group are some of the 14 competitors of Cumulus Media.

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

    Cumulus Media’s EPS for 12 months was -$17.73.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »