NASDAQ warns Cumulus Media of possible delisting
Cumulus Media has received a letter from NASDAQ warning of a potential delisting from the stock exchange over its low per-share price.
Cumulus Media ($CMLS) is a national owner and operator of local AM and FM radio stations in the United States. As of 2019, the company operated over 400 stations in 90 metropolitan areas. Cumulus is based in Atlanta, Georgia.
Cumulus Media has received a letter from NASDAQ warning of a potential delisting from the stock exchange over its low per-share price.
Cumulus Media is throwing in the towel on KGO-AM’s stint as a sports betting station, while KNBR will be headed to Santa Clara full-time.
Streaming audio platform TuneIn has renewed its pact with Cumulus Media to distribute the broadcaster’s AM and FM radio stations for several more years.
Cumulus Media has promoted Shoshana Shapiro to the role of Senior Vice President of Corporate Communications and Marketing.
The software, released by Benztown this week, allows radio stations to create realistic “listener audio” using artificial intelligence tools.
Cumulus is partnering with AI audio solutions provider Super Hi-Fi and HD Radio tech owner Xperi to launch two new radio stations in Tennessee
A look at industry awards, public service and community outreach initiatives from the telecom, media and technology sectors.
Like other media companies, Cumulus continues to be hammered by a weak advertising market, with its broadcast revenue down 12.5 percent.
Elizabeth Pembleton has been promoted to regional vice president and market manager in Allentown, Wilkes-Barre and Scranton for Cumulus Media.
Westwood One will provide Super Bowl LVII coverage to around 600 broadcast stations and the American Forces Network on Sunday.