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UMG Investors Urged to Disapprove of Lucian Grainge s 2023 Pay

UMG Investors Urged to Disapprove of Lucian Grainge s 2023 Pay
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Cumulus Media Shareholders Reject Executive Compensation

Cumulus Media Shareholders Reject Executive Compensation
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Cumulus Reports Q1 Net Revenue Declines 2 7%

The company reports net revenue of $200.1 million in the first quarter of 2024, a decrease of 2.7% from the same period in 2023. Cumulus CEO Mary Berner states, “While our Q1 revenue was in line with guidance and a marked improvement from 2023 trends, it is also reflective of the uncertainty that continues to…

Cumulus Completes Successful Debt Exchange

As Cumulus Media Group announces its 2024 first quarter operating results today (5/3), it also reveals that it has refinanced its capital structure. Cumulus CEO Mary Berner states, “We are thrilled to have refinanced our capital structure to secure five-year maturities with favorable terms through a successful debt exchange and ABL Facility upsize and extension.…

Cumulus Media Eases Debt Pressure As Q1 Leans On Digital

Cumulus Media Eases Debt Pressure As Q1 Leans On Digital
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