Cumulus Media, an audio entertainment company that owns six area radio stations, filed for bankruptcy protection late ...

Cumulus filed for Chapter 11 bankruptcy on Thursday (March 5), with the radio company citing the rise of streaming and $600M ...

Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt.

Cumulus Media, a national radio broadcast company with holdings that include WXLO of Worcester, filed a streamlined Chapter ...

Berner, President and Chief Executive Officer of Cumulus Media. “Against that backdrop, it became clear that Cumulus’s remaining debt burden limited our ability to fully realize the Company’s ...

Atlanta-based Cumulus Media, the nation's second largest radio company, has filed for bankruptcy protection in hopes of ...

Cumulus Media, seeking to eliminate its heavy debt burden, has filed for Chapter 11 reorganization in bankruptcy court for the second time in under nine years.

The plan would give debtholders full ownership of the reorganized company and provide $50 million in new convertible notes.— This story first appears at TheDesk.net, a premium source for original news ...

With an eye on shedding around $600 million in debt, Cumulus Media has once again filed for prepackaged Chapter 11 bankruptcy. The Atlanta-headquartered radio group formally disclosed its latest ...

The company behind 394 local radio stations and several podcasts was unable to restructure out of court as it is locked in litigation with Nielsen.

Cumulus Media Inc., an audio company with a corporate office located in Atlanta, Georgia, filed for Chapter 11 bankruptcy on ...