Welcome to our dedicated page for Cumulus Media news (Ticker: CMLS), a resource for investors and traders seeking the latest updates and insights on Cumulus Media stock.
Cumulus Media Inc. reports developments across its audio-first media business, including local radio stations, the Westwood One national audio network, and the Cumulus Podcast Network. Company updates cover operating results, advertising demand, syndicated sports, news, talk, and entertainment programming, and distribution partnerships for broadcast and digital audio.
Recurring news also includes Westwood One sports-rights coverage for NCAA championships and other national brands, as well as corporate actions tied to Cumulus Media's Chapter 11 reorganization and capital structure.
Cumulus Media (CMLS) reported Q1 2026 results: net revenue $164.4M (down 12.2% YoY), net loss $16.9M, and Adjusted EBITDA $2.7M. The Bankruptcy Court confirmed the company's prepackaged Chapter 11 plan on April 15, 2026; the plan's effective date awaits FCC and other regulatory approvals.
Cash was $57.6M at March 31, 2026, down from $82.0M at December 31, 2025; total broadcast radio revenue declined 19.3% YoY.
Cumulus Media (OTC: CMLS) said the United States Bankruptcy Court for the Southern District of Texas approved its prepackaged Plan of Reorganization on April 15, 2026. The company expects to eliminate approximately $600 million of debt under the Plan and intends to emerge from Chapter 11 after FCC approval.
Cumulus stated it will continue normal operations during restructuring and aims to emerge with a stronger capital structure to compete in the evolving audio market.
Cumulus Media (OTC: CMLS) reported results for the three months and year ended December 31, 2025, showing declines in revenue and profitability amid a planned financial restructuring.
Key figures: Q4 net revenue $188.1M (down 14.0%), 2025 net revenue $741.7M (down 10.3%), 2025 net loss $200.7M, and Adjusted EBITDA $52.0M for 2025. Management cites a restructuring to reduce debt and maximize value; the company filed prepackaged Chapter 11 proceedings on March 5, 2026.
Cumulus Media (NASDAQ: CMLS) through its Westwood One network will provide exclusive full-court live audio coverage of the 2026 NCAA Division I Men’s and Women’s Final Four and national championship games on multiple platforms. Coverage includes English and Spanish broadcasts, 500+ radio stations, SiriusXM, NCAA March Madness Live™, free streaming, apps, Alexa, and TuneIn Premium.
Men’s games originate from Indianapolis (April 4 and April 6); Women’s games originate from Phoenix (April 3 and April 5). Sponsors include Werner Ladder (Spanish men’s) and Intuit TurboTax (women’s).
Cumulus Media (OTCQB: CMLS) Westwood One will provide exclusive multiplatform audio coverage of the 2026 NCAA Division I Women’s Basketball Tournament, airing Sweet Sixteen through the National Championship from March 27 to April 5, 2026. Coverage streams on 200+ radio stations, SiriusXM, NCAA March Madness Live™, apps, Alexa devices, and TuneIn Premium.
Key on-air talent includes Ryan Radtke, Debbie Antonelli, Ros Gold-Onwude, J.B. Long, and Kim Adams; full schedules and announcer bios are available on Westwood One Sports channels.
Cumulus Media’s Westwood One (OTCQB: CMLS) and the NCAA signed a multi-year renewal preserving Westwood One as the official network audio broadcast partner for multiple NCAA championships.
Under the agreement Westwood One retains exclusive radio and digital audio distribution and licensing rights for NCAA Men’s and Women’s Basketball Tournaments, NIT, WBIT, and Men’s and Women’s College World Series, with live coverage across affiliates, Sirius/XM, westwoodonesports.com, the Westwood One Sports app, and NCAA March Madness Live.
Cumulus Media’s Westwood One (CMLS) will provide exclusive multiplatform audio coverage of the 2026 NCAA Division I Men’s Basketball Tournament from March 17 to April 6, 2026.
Coverage includes 500+ radio stations, SiriusXM, NCAA March Madness Live, WestwoodOneSports.com, Westwood One Sports app, The Varsity Network app, Alexa devices, and TuneIn Premium. Spanish Final Four and Championship coverage is included.
Cumulus Media (OTCQB:CMLS) entered a restructuring support agreement to eliminate approximately $600 million of debt via a streamlined prepackaged Chapter 11 process filed March 5, 2026. The Plan calls for cancellation of 100% of existing funded indebtedness in exchange for 100% of reorganized equity and $50 million of new convertible notes, plus an amended asset-based revolving credit facility to provide continued liquidity. Cumulus expects a court hearing within 60 days and emergence following required Federal Communications Commission approvals. Operations will continue in the ordinary course during the process.
Cumulus Media (OTCQB: CMLS) Westwood One will air 19 NCAA men’s and women’s conference championship games from March 7–15, 2026, and will also broadcast Selection Sunday on March 15 at 6:00 PM ET. Coverage includes major conferences such as the Big East, SEC, Ivy League, CAA, and WCC.
Selection Sunday coverage is hosted by Jason Horowitz with analysts PJ Carlesimo and Debbie Antonelli. Games air on terrestrial radio, SiriusXM, online at westwoodonesports.com, and via the Westwood One Sports app.
Cumulus Media (OTCQB: CMLS) and Westwood One are launching a new digital vodcast, Liberty’s Voice with Mark Levin, publishing episodes three times weekly (Monday–Wednesday) on YouTube and Rumble with plans to expand to other platforms.
The ad-supported series will offer original video commentary from Mark Levin focused on constitutional ideas, current events, and principles of liberty.