Cumulus Media
1997
FOUNDED
PUBLIC
STATUS
5K-10K
EMPLOYEES
CMLS
STOCK SYMBOL
26
INVESTMENTS
$14.14
SHARE PRICE
(As of Wednesday Closing)
Description
Cumulus Media Inc 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. Its segments include the Cumulus Radio Station Group and Westwood One. Cumulus Radio Station Group operates in the sale of broadcasting time to local, regional, and national advertisers. Westwood One operates through network advertising. The company's revenue is derived mainly from the sale of commercial airtime to local and national advertisers.
Website
Formerly Known As
Cumulus Holdings
Ownership Status
Publicly Held
Financing Status
Corporate Backed or Acquired
Primary Industry
Broadcasting, Radio and Television
Other Industries
Media and Information Services (B2B)
Stock Exchange
NAS
Primary Office
- 3280 Peachtree Road, NorthWest
- Suite 2300
- Atlanta, GA 30305
- United States
+1 (404) 000-0000
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Cumulus Media Stock Performance
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $9.70 - $20.00 | $242M | $14.39 | $46.00 | 115K | 17M |
Cumulus Media Financials Summary
|
In Thousands,
USD |
TTM
31-Dec-2018
|
FY 2018
31-Dec-2018
|
FY 2017
31-Dec-2017
|
FY 2016
31-Dec-2016
|
|---|---|---|---|---|
| Enterprise Value | 1,421,672 | 1,421,672 | 2,243,992 | 2,282,375 |
| Revenue | 1,140,360 | 1,140,360 | 1,135,662 | 1,141,400 |
| EBITDA | 675,367 | 675,367 | (192,491) | (323,374) |
| Net Income | 757,581 | 757,581 | (206,565) | (510,720) |
| Total Assets | 2,027,319 | 2,412,691 | ||
| Total Debt | 0 | 2,384,157 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Cumulus Media Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookCumulus Media Competitors (1)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| 00000000 000000000 | Formerly PE-Backed | Bala Cynwyd, PA | 0000 | 00000 | 000000000 | 00000 |
Cumulus Media Investments & Acquisitions (26)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000 00000 | 15-Jun-2018 | 000000000000000000 | Broadcasting, Radio and Television | 0000 000000 | |
| 0000 00 00.0 | 26-May-2014 | 000000000000000000 | Broadcasting, Radio and Television | ||
| 000000 00000 (0000 | 03-Jan-2014 | 000000000000000000 | Broadcasting, Radio and Television | 0000 000000 | |
| 0000 000000 | 12-Dec-2013 | 000000000000000000 | 00000 | Broadcasting, Radio and Television | 00000 000000 00. |
| Rdio | 15-Sep-2013 | Corporate | 0000 | Application Software |
Cumulus Media Exits (3)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 0000 | 15-Sep-2013 | 000000000 | 0000 | Completed |
|
| 0000000 00000 (00 | 02-Dec-2003 | 000000000 00000 00 | 0000 | Completed |
|
| iBiquity Digital | 23-Aug-2000 | Platform Creation | Completed |
|
Cumulus Media Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 0000 | Broadcasting, Radio and Television | Erie, PA | 0000 |
Cumulus Media Investors
| Investor Name | Investor Type | Holding | Participating Rounds | Investor Since | Board Seat | Contact Info |
|---|
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Request full access to PitchBookCumulus Media Executive Team (14)
7 Former Executives
You’re viewing 5 of 14 executives. Get the full list »Cumulus Media Board Members (12)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 00000 0000000 00.0 | Self | Board Member | 000 0000 | |
| 0000 000000 | Cumulus Media | Chief Executive Officer & Board Member | 000 0000 |
10 Former Board Members
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