Cumulus Media Announces Leadership Changes to the Cumulus Podcast Network

Rhea-AI Summary

Cumulus Media (NASDAQ: CMLS) has announced significant leadership changes in its Cumulus Podcast Network. Carolyn Chauncey has been promoted to Senior Vice President of Marketing and Podcasting, taking charge of the network's daily operations, content acquisition, editorial, and production. Chauncey, with nearly 30 years of media experience, will continue to oversee corporate marketing for Cumulus Media, Westwood One, and the Cumulus Podcast Network.

Additionally, Jason Soderberg has been elevated to Vice President of Podcast Operations and Production, managing audio and video production and platform relations. Megan Devine has been promoted to Vice President of Podcast Sales Planning and Yield Optimization to align these functions with revenue-generating activities. These changes aim to strengthen the podcast network's leadership and optimize its operations.

Positive

• Promotion of experienced executive Carolyn Chauncey to lead podcast operations
• Reorganization of leadership roles to optimize podcast network operations
• Alignment of sales planning and yield optimization with revenue-generating activities

Negative

• None.

Carolyn Chauncey Picks Up Podcast Content and Operations as Senior Vice President of Marketing and Podcasting

NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced Carolyn Chauncey’s promotion to Senior Vice President, Marketing and Podcasting. In this new role, Chauncey will lead the Cumulus Podcast Network’s day-to-day operations, content acquisition, editorial, and production. In addition to her new responsibilities, Chauncey will continue to direct corporate marketing for Cumulus Media, Westwood One, and the Cumulus Podcast Network, reporting to Collin R. Jones, President of Westwood One and EVP, Corporate Strategy & Development for Cumulus Media.

Chauncey brings nearly three decades of media experience to the position, having achieved senior leadership positions in broadcast radio, video, digital, print, and experiential at top companies such as Conde Nast Publications, Time Warner, and VEVO. Since joining Cumulus Media in 2016, Chauncey has overseen ad sales solutions, creative services, and audience development for Westwood One, as well as client entertaining on site at the network’s marquee sports events such as the Super Bowl and Final Four. She is also an original member of the team that launched the podcast network and has been instrumental in its audience expansion, platform marketing, and ad sales growth since inception.

Among additional organizational changes related to the podcast network are Jason Soderberg’s elevation to Vice President, Podcast Operations and Production. In his new role, Jay is responsible for managing all audio and video production for the podcast network as well as platform relations. Soderberg now reports to Chauncey.

In addition, Megan Devine has been promoted to Vice President, Podcast Sales Planning and Yield Optimization to better align podcast sales planning and yield optimization with revenue-generating activities. In this new role, Devine will report to Brandon Berman, President of Sales at Westwood One.

About Cumulus Media
Cumulus Media (NASDAQ: CMLS) is an audio-first media company delivering premium content to over a quarter billion people every month — wherever and whenever they want it. Cumulus Media engages listeners with high-quality local programming through 401 owned-and-operated radio stations across 85 markets; delivers nationally-syndicated sports, news, talk, and entertainment programming from iconic brands including the NFL, the NCAA, the Masters, AP News, CBS Sports Radio, the Academy of Country Music Awards, and many other world-class partners across more than 9,800 affiliated stations through Westwood One, the largest audio network in America; and inspires listeners through the Cumulus Podcast Network, its rapidly growing network of original podcasts that are smart, entertaining and thought-provoking. Cumulus Media provides advertisers with personal connections, local impact and national reach through broadcast and on-demand digital, mobile, social, and voice-activated platforms, as well as integrated digital marketing services, powerful influencers, full-service audio solutions, industry-leading research and insights, and live event experiences. Cumulus Media is the only audio media company to provide marketers with local and national advertising performance guarantees. For more information visit www.cumulusmedia.com.

Contact: Karen Glover | Westwood One | kglover@westwoodone.com

FAQ

What leadership changes did Cumulus Media (CMLS) announce for its podcast network?

Cumulus Media announced the promotion of Carolyn Chauncey to Senior Vice President of Marketing and Podcasting, Jason Soderberg to Vice President of Podcast Operations and Production, and Megan Devine to Vice President of Podcast Sales Planning and Yield Optimization.

What are Carolyn Chauncey's new responsibilities at Cumulus Media (CMLS)?

Carolyn Chauncey will lead the Cumulus Podcast Network's day-to-day operations, content acquisition, editorial, and production, while continuing to direct corporate marketing for Cumulus Media, Westwood One, and the Cumulus Podcast Network.

How might these leadership changes impact Cumulus Media's (CMLS) podcast operations?

These changes are expected to strengthen the podcast network's leadership, optimize operations, and better align podcast sales planning and yield optimization with revenue-generating activities, potentially improving the network's performance and profitability.

What is Jason Soderberg's new role at Cumulus Media (CMLS)?

Jason Soderberg has been elevated to Vice President of Podcast Operations and Production, responsible for managing all audio and video production for the podcast network as well as platform relations.