Welcome to our dedicated news page for Cumulus Media Class A (Ticker: CMLS), a resource for investors and traders seeking the latest updates and insights on Cumulus Media Class A .
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cumulus Media Class A 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cumulus Media Class A 's position in the market.
Rhea-AI Summary
Cumulus Media Inc. announced the amendment and extension of the withdrawal deadline and expiration time for its exchange offer and consent solicitation. The Exchange Offer now includes exchanging outstanding 6.750% Senior Secured First-Lien Notes due 2026 for new 8.000% Senior Secured First-Lien Notes due 2029, with changes in terms and timing. The expiration time has been extended, and holders who tender their Old Notes before the deadline will receive the Total Consideration. The Issuer has also extended the withdrawal deadline and made other amendments described in Supplement No. 1.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.17%
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Rhea-AI Summary
Cumulus Media Inc. (CMLS) announces selected preliminary operating results for the first quarter of 2024, with expected net revenue between $199.0 million to $201.0 million, a net loss between $(14.9) million to $(13.4) million, and Adjusted EBITDA between $7.65 million to $9.15 million. The Company will release its full first quarter 2024 operating results on May 3rd, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.17%
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Rhea-AI Summary
Cumulus Media Inc. extends the Expiration Time in Exchange Offer and Consent Solicitation for its 6.750% Senior Secured First-Lien Notes due 2026, offering to exchange Old Notes for new 8.750% Senior Secured First-Lien Notes due 2029. The New Additionally Extended Expiration Time is set for April 17, 2024, with a deadline for withdrawing tenders of Old Notes on March 11, 2024. Holders who tender Old Notes before the New Additionally Extended Expiration Time are eligible to receive $770.00 principal amount of New Notes. Approximately $15 million aggregate principal amount of Old Notes had been tendered as of April 16, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.18%
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Rhea-AI Summary
Cumulus Media extends the Expiration Time in Exchange Offer and Consent Solicitation for its 6.750% Senior Secured First-Lien Notes due 2026, offering to exchange Old Notes for New Notes with a deadline of April 16, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.73%
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Rhea-AI Summary
Cumulus Media Inc. extends Exchange Offer and Consent Solicitation deadline for Senior Secured First-Lien Notes, offering to exchange Old Notes for New Notes with terms outlined in the Offering Memorandum. The New Further Extended Expiration Time is set for April 12, 2024, allowing holders to receive $770.00 principal amount of New Notes. Approximately $15 million aggregate principal amount of the Old Notes had been tendered as of April 9, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
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Rhea-AI Summary
Cumulus Media's Westwood One to Provide Exclusive Spanish Coverage of NCAA Men's Final Four and Championship Game Presented by Werner Ladder. Rafael Hernández Brito, Greivis Vásquez, and Carlos Morales to Host Broadcasts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
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Rhea-AI Summary
Cumulus Media's Westwood One (NASDAQ: CMLS) to provide comprehensive live audio coverage of the 2024 NCAA Men's and Women's Final Four and national championship games in English and Spanish. The network will also broadcast the Women's Final Four and national championship game live from Cleveland. All games can be heard on terrestrial radio, via SiriusXM, and online for free. The Men's Final Four coverage will feature Kevin Kugler, Jim Jackson, and Clark Kellogg in English, and Rafael Hernández Brito in Spanish. The Women's Final Four coverage will include Ryan Radtke, Debbie Antonelli, and Ros Gold-Onwude. Westwood One has been the exclusive national audio broadcast partner of the NCAA since 1982, providing extensive coverage of the tournament.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
Tags
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Rhea-AI Summary
Cumulus Media Inc. extends Exchange Offer and Consent Solicitation for Senior Secured First-Lien Notes, offering $770.00 principal amount of New Notes to holders of Old Notes. Approximately $15 million aggregate principal amount of Old Notes tendered as of April 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
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Rhea-AI Summary
Cumulus Media's Westwood One to broadcast live coverage of NCAA Men's Basketball Sweet Sixteen, Elite Eight, Final Four, and National Championship Game in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.15%
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Rhea-AI Summary
Cumulus Media's Westwood One to Broadcast NCAA Women's Basketball Championship
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.15%
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Cumulus Media Inc. Class A
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About CMLS
as america's second largest operator of radio stations, cumulus provides high-impact local marketing solutions in 90 metropolitan areas. we introduce businesses of all sizes to our communities of over 150 million listeners via radio, digital media, targeted e-mail and on-site promotions. these solutions help our customers build strong brands and tap into over $4 trillion of local spending power.