ATLANTA, June 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced the appointment of Kriston Aitken to Chief Human Resources Officer, effective July 1, 2024. Reporting to Mary G. Berner, President and CEO, Aitken will be responsible for Human Resources strategy and operations, talent management, compensation and benefits, and supporting the advancement of the company culture. She succeeds Todd McCarty, who will be retiring after nearly nine years with the company. Berner added, "I want ...

Aitken joined Cumulus Media in 2016 and has held the position of Senior Vice President of Human Resources for the past two years. With a career spanning nearly two decades, Aitken has a wealth of experience in leading HR teams. Before Cumulus, Aitken held several HR roles across various properties of Starwood Hotels and Resorts. Mary G. Berner said, "For the past nearly eight years, Kriston has been a stand-out HR executive, and I'm delighted that she is fully ready and able to step into this important role ...

文章核心观点 - 华盛顿精神队与ESPN 630 DC电台达成合作 [1][2] - 双方将联合播报2024赛季13场常规赛 [1][2] - 比赛音频直播将在华盛顿精神官网、ESPN 630 APP和网站上提供 [1] - 这是华盛顿精神队的首次电台转播合作 [2] - 这一合作旨在让球迷更方便地收看比赛 [2] 广播团队介绍 - 解说员Bram Weinstein是华盛顿地区知名体育媒体人 [3][4] - 解说员Gaby Vincent是前华盛顿精神队球员 [5] - 评论员Michael Minnich拥有丰富的华盛顿精神队和NWSL联赛经验 [6] 合作内容 - 除了比赛直播 还将推出专属播客节目"Spirit Spotlight" [7][8] - 播客节目将提供赛后分析、专访等内容 [8] - ESPN 630将在部分主场比赛现场设置活动区域 [10][11] - 球迷可以在现场通过耳机收听广播 [11] - 未来可能会增加播放NWSL季后赛的比赛 [12] 双方介绍 - 华盛顿精神队是NWSL联赛的创始球队之一 [14] - ESPN 630是华盛顿地区知名的体育电台 [15]

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ:CMLS) today announced The Candy Valentino Show has joined the Cumulus Podcast Network. Entrepreneur and bestselling author Candy Valentino talks with some of the world's most successful minds, including Tony Robbins, Daymond John, Ed Mylett, and Heidi Zak, while offering valuable insights drawn directly from her 26 years of expertise launching and selling her own businesses. She discusses wealth habits, business models, profit plans, real esta ...

ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ:CMLS) today announced Mike Eaby's promotion to Vice President/Executive Producer of Westwood One Sports. In his new role, Eaby will manage and oversee all Westwood One Sports multi-platform content and live event production. Eaby will assume his new responsibilities on May 15, reporting to Bruce Gilbert, Senior Vice President, Sports Content & Audience for Cumulus Media and Westwood One. He succeeds Howard Deneroff, who departs his position aft ...

财务数据和关键指标变化 - 第一季度总收入为2亿美元,同比下降2.7%,但较2023年有明显改善 [28] - 数字营销服务收入增长25%,是数字收入增长的主要驱动因素 [12][13][15] - 广播广告收入中,国家广告和网络广告收入同比下降中个位数,较2023年有所改善 [18][19][20] - 政治广告收入为220万美元,较2020年下降55%,反映总统初选竞争较弱 [22] 各条业务线数据和关键指标变化 - 数字营销服务收入增长25%,客户数增加超过25% [15] - 广播广告收入中,国家广告和网络广告收入同比下降中个位数,较2023年有所改善 [18][19][20] - 广播广告收入中,地方广告收入表现较第四季度有所改善,但仍然下降 [21] - 播客和流媒体收入同比小幅增长 [16][17] 各个市场数据和关键指标变化 - 消费品、保险和制药等行业广告收入表现较好,而抵押贷款、家居装修和银行等行业广告收入较弱 [19][30] - 地方广告收入中,家居产品和一般服务行业表现较好,专业服务和零售行业较弱 [30] 公司战略和发展方向及行业竞争 - 公司正在加大数字营销服务投资,包括扩大数字销售团队和推广Cumulus Boost产品,以捕捉该领域的增长机会 [13][14] - 公司采取差异化的销售策略,通过提供全套数字音频和数字营销解决方案,获得客户青睐 [14] - 公司正在收回流媒体广告销售权,并复制NFL流媒体成功经验,增加NCAA流媒体客户 [16][17] - 公司持续关注降低固定成本,以提高运营杠杆,为广告环境持续恢复做好准备 [24][45] 管理层对经营环境和未来前景的评论 - 广告市场仍然不确定,宏观环境的不确定性阻碍了广告主的支出 [20][23][34] - 广告主预算审批和下单时间较晚,反映其对经济走向缺乏清晰预期 [23] - 公司有信心通过数字营销服务、降低成本和偿还债务等措施,提升股东价值 [10][26] 问答环节重要的提问和回答 问题1 **Michael Kupinski 提问** 询问数字业务收入构成及第二季度的表现 [37][38] **Frank Lopez-Balboa 回答** 数字业务收入构成仍然大致三等分,但本季度数字营销服务收入占比有所提升[38][39] 第二季度数字业务整体预计将保持中个位数增长,数字营销服务仍将保持强劲增长,播客收入也将继续增长 [40][41] 问题2 **Michael Kupinski 提问** 询问4百万美元固定成本削减的具体情况及未来削减空间 [42] **Frank Lopez-Balboa 和 Mary Berner 回答** 主要通过减少外包、重新谈判固定价格合同、人员优化和体育节目制作成本优化等方式实现 [43][44][47] 公司将继续关注各方面的固定成本,通过技术应用、流程优化和房地产等多个方面持续优化 [47] 问题3 **Unidentified Analyst 提问** 询问数字营销服务客户来源及广播广告收入的恢复情况 [50][56] **Mary Berner 和 Frank Lopez-Balboa 回答** 数字营销服务客户来源包括新客户和从其他供应商转移过来的客户,公司能提供全面解决方案是优势 [51][52] 广播广告收入中,地方广告收入有所改善但仍下降,国家广告和网络广告收入下降幅度收窄,但仍存在不确定性 [57][58][59][60]

We did not have any off-balance sheet arrangements as of March 31, 2024. We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 (as amended the "Exchange Act") and are not required to provide the information under this item. PART II. OTHER INFORMATION Table of Contents None. Exhibit Number Description Cumulus Media Inc. Table of Contents Washington, D.C. 20549 ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ...

财务表现预测 - 2024年第一季度，Cumulus Media Inc.预计净收入在1.99亿至2.01亿美元之间，净亏损在(1490.9)万至(1340.9)万美元之间，调整后的EBITDA在765万至915万美元之间[2] - 2024年第一季度，Cumulus Media Inc.的净收入同比下降了3.3%至2.3%，净亏损同比下降了30.5%至37.5%，调整后的EBITDA同比下降了25.9%至11.4%[3] - 2024年第一季度，Cumulus Media Inc.的调整后EBITDA为7650万至9150万美元，较去年同期下降了10.7%至26.0%[18]

Completed Successful Debt Exchange That Reduced Principal by Approximately $33 Million, Extended Maturities to 2029, Obtained Favorable Interest Rates and Preserved Structure Free of Financial Maintenance Covenants; Exceeded Expectations with Approximately 97% Aggregate Participation Upsized ABL Facility by 25% to $125 Million and Extended Maturity to 2029 Reported Q1 Total Revenue of $200 million, Down 2.7%, In Line with Guidance Increased Digital Marketing Services Revenue by 25%, Total Digital Revenue by ...

ATLANTA, May 02, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company" or "Cumulus") today announced the expiration and final results of its subsidiary's, Cumulus Media New Holdings Inc. (the "Issuer"), previously announced offer to exchange (as amended, the "Exchange Offer") any and all of its outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the "Old Notes") for new 8.000% Senior Secured First-Lien Notes due 2029 (the "New Notes") to be issued by the Issuer, upon the terms of ...