Cumulus Media has filed for Chapter 11 bankruptcy protection as part of a restructuring plan designed to eliminate roughly $600 million in debt and place the radio broadcaster on stronger financial ...

With an eye on shedding around $600 million in debt, Cumulus Media has once again filed for prepackaged Chapter 11 bankruptcy. The Atlanta-headquartered radio group formally disclosed its latest ...

WASHINGTON, D.C. — Thursday morning began with a somewhat unexpected announcement from the audio content creation and distribution company led by President/CEO Mary Berner: Chapter 11 bankruptcy ...

Cumulus Media and Saga Communications have both missed their annual SEC filing deadlines, for very different reasons.

Cumulus Media, pictured in the Victory Park commercial development outside the American Airlines Center in Dallas, filed for bankruptcy for the second time in less than 10 years. Tom Fox / Staff ...

For the second time in the past decade, Atlanta-based Cumulus Media has filed for bankruptcy protection to reduce debt. Facing headwinds from a shrinking business, the nation’s second-largest radio ...

Cumulus Media officials are promising that the company's recent filing for Chapter 11 bankruptcy protection will not affect operations or staffing at its four Erie radio stations. The Atlanta-based ...

Cumulus Media, seeking to eliminate its heavy debt burden, has filed for Chapter 11 reorganization in bankruptcy court for the second time in under nine years. The media company said this ...

The operator of nearly 400 AM/FM radio stations across the U.S. has filed for bankruptcy in an effort to eliminate most of the company’s $697 million in debt. According to Reuters, Cumulus Media filed ...

DALLAS — Cumulus Media, which owns several iconic Dallas-Fort Worth radio stations, filed for bankruptcy, company officials said. The company announced on March 5 that it will enter into an agreement ...

(WKBN) — Cumulus Media, one of the country’s largest radio companies, has filed for bankruptcy protection. The Atlanta-based company owns nearly 400 radio stations nationwide, including K 105, Y103 ...

NEW YORK - Cumulus Media, an audio entertainment company that owns 394 radio stations, a radio syndication business and a podcast network, filed for bankruptcy protection late Wednesday in Texas with ...