分组1 - Cumulus Media Inc.宣布其子公司延长了早期认购时间[1] - 持有者在新早期认购时间之前认购并未撤回旧票据将有资格获得新票据[2] - 只有完成并提交资格信函的持有者才有资格参与交换要约和同意征求[4]

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ:CMLS) Westwood One, America's largest audio network, will present a total of 24 NCAA Men's and Women's Basketball games from Conference Championship Week. Westwood One's postseason basketball coverage tips off on Saturday, March 9th, with the Ohio Valley Conference Championship game, and continues through Selection Sunday, March 17, with broadcasts that day of the Ivy League, the SEC, and the American Athletic Championship games. Westwood ...

分组1 - 2023年公司数字业务收入达1.46亿美元,占总收入的17%,同比增长3% [14] - 数字营销服务业务收入达4500万美元,同比增长13% [15][16] - 流媒体业务收入增长16%,主要得益于NFL流媒体播放的带来的观众增长和收入增长 [20] - 播客业务受国家广告商疲软和直接响应广告下降的影响,收入下降8%,但下半年呈现改善趋势 [21][22] 分组2 - 2023年总收入为8.445亿美元,同比下降11.4%;EBITDA为9070万美元 [23] - 公司通过多项成本优化措施,自2019年以来累计实现1.2亿美元的固定成本削减,占比26% [24][25] - 2024年一季度公司总收入预计同比下降低个位数,其中数字业务表现良好,广播业务(本地和网络)下降中低个位数 [44] - 公司启动债务交换计划,以延长债务期限、进一步降低净负债比率,提高公司的长期战略和财务灵活性 [43] 问答环节重要的提问和回答 问题1 **Michael Kupinski 提问** 询问公司国家网络业务的收入走势和一季度的情况 [48][49] **Mary Berner 回答** 公司听到广告客户有意愿继续投放,只是时间有所推迟,但预计最终会实现 [52] 问题2 **Jim Goss 提问** 询问NFL流媒体权利的成本和收益情况,以及是否有意拓展其他体育赛事 [67][68] **Frank Lopez-Balboa 回答** NFL流媒体权利的边际收益很高,因为是现有合同的一部分,不需要额外成本。目前没有其他体育赛事的计划 [68][69] 问题3 **Dan Day 提问** 询问公司在本地广告、数字营销服务等方面的交叉销售情况 [81][82] **Mary Berner 回答** 本地广告表现相对较好,公司将数字营销服务与广播电台业务打包销售,取得了良好效果,帮助广播电台业务保持了较好表现 [82][83][84]

Cumulus Media (CMLS)财报分析 - Cumulus Media (CMLS)在2023年12月的季度报告中每股亏损2.60美元，远远低于分析师预期的每股亏损0.59美元[1] - 过去四个季度中，Cumulus三次超过了市场预期的每股收益[2] - Cumulus在2023年12月的季度营收为2.213亿美元，超过了分析师预期，但较去年同期的2.5127亿美元有所下降[3] - Cumulus股价的未来走势将主要取决于管理层在财报电话会议中的表态[4]

ATLANTA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company" or "Cumulus") today announced that its subsidiary, Cumulus Media New Holdings Inc. (the "Issuer"), has commenced an offer to exchange (the "Exchange Offer") any and all of the Issuer's outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the "Old Notes") for new 8.750% Senior Secured First-Lien Notes due 2029 ("New Notes") to be issued by the Issuer, upon the terms of and subject to the conditions set forth in ...

ATLANTA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three months and year ended December 31, 2023. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, "While 2023 was a tough year across the media landscape, we were able to offset some of the effects of the weak national advertising climate through strong execution in our key focus areas. Specifically, we grew ou ...

财务表现 - 2023年总净收入为8.445亿美元，同比下降11.4%[2] - 数字收入为1.464亿美元，同比增长2.9%[2] - 调整后的EBITDA为9,070万美元，较2022年的1.66亿美元下降了45.3%[2] - 2023年录得净亏损1.179亿美元，较2022年的净收入1.62亿美元下降了[2] - 2023年总债务为6.758亿美元，净债务为5.951亿美元[2] 第四季度财务表现 - 2023年第四季度Cumulus Media Inc.的净收入为22.13亿美元，较2022年同期的25.13亿美元下降[23] - 2023年第四季度Cumulus Media Inc.的调整后EBITDA为2,279万美元，较2022年同期的4,271万美元下降[24] - 2023年第四季度Cumulus Media Inc.的净收入中政治广告收入为1,566万美元，调整后净收入中政治广告收入为1,409万美元[25] - 2023年Cumulus Media Inc.的总债务本金为67.58亿美元，减去现金及现金等价物后的净债务为59.51亿美元[25]

The radio broadcasting industry is subject to extensive regulation by the FCC under the Communications Act. We are required to obtain licenses from the FCC to operate our stations. Licenses are normally granted for a term of eight years and are renewable. Although the vast majority of FCC radio station licenses are routinely renewed, we cannot assure you that the FCC will grant our existing or future renewal applications or that the renewals will not include conditions out of the ordinary course. The nonren ...

ATLANTA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Tuesday, February 27th at 8:30 AM ET to discuss its fourth quarter and full year 2023 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. To participate in the conference call, please register in advance using this link. NetRoadshow (NRS) is the service provider for this call. Registration requires a one-time only email a ...

超级碗LVIII广播详情 - 西伍德广播公司将在2024年第51次直播超级碗[1] - 凯文·哈兰、库尔特·沃纳、迪恩·布兰迪诺、劳拉·奥克明和迈克·戈利克将在拉斯维加斯现场直播[1] - 斯科特·格雷厄姆和三届超级碗冠军德文·麦考蒂将主持赛前、中场和赛后报道[1] - 凯文·哈兰将连续第14年担任超级碗的解说员，库尔特·沃纳将连续第六年担任首席分析员[2] - 迪恩·布兰迪诺将作为今年超级碗的规则分析员加入广播[2] - 超级碗LVIII的广播可以在全国约600个无线电台以及westwoodonesports.com、SiriusXM、NFL+和NFL应用程序上收听[4] - 超级碗LVIII的开球时间为下午6:30[4] 广播公司信息 - 西伍德广播公司是自1987年以来NFL的独家网络广播合作伙伴[6] - 西伍德广播公司还分发和代表CBS体育广播[6] 媒体公司信息 - 库姆拉斯媒体是一家以音频为主的媒体公司，通过403家自营广播电台在86个市场提供高质量的本地节目[8]