Cumulus Media

From Wikipedia, the free encyclopedia

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages) This article needs additional citations for verification. (April 2013) This article contains wording that promotes the subject in a subjective manner without imparting real information. (February 2013)

Cumulus Media, Inc.

Type	Public
Traded as	NASDAQ: CMLS
Industry	Entertainment
Founded	1997
Headquarters	Atlanta, Georgia, US
Key people	Mary G. Berner, CEO; John F. Abbot, EVP, Treasurer & CFO; Richard S. Denning, Senior VP, Secretary & General Counsel
Products	Radio
Revenue	$1,026,138,000 (2013) [1]
Number of employees	4,058 full time[2]
Website	cumulus.com

Cumulus Media, Inc. (and its subsidiaries, Cumulus Broadcasting LLC, Cumulus Licensing LLC and Broadcast Software International Inc^[3]) is an American broadcasting company and is the second largest owner and operator of AM and FM radio stations in the United States (behind iHeartMedia, Inc., formerly Clear Channel Communications). Cumulus owned 570 stations in 150 markets as of September 16, 2011.^[4] The company also owns Westwood One. Cumulus's headquarters are located in Atlanta, Georgia.
Cumulus' original business plan focused exclusively on owning radio stations located in medium-sized media markets,^[5] and Cumulus Media only owns terrestrial radio stations in the United States; rival iHeartMedia, Inc. owns radio stations outside the United States and operates a subsidiary, Clear Channel Outdoor.^[6]