Cumulus Media Inc.: Business Overview, Financials & Competitive Analysis
Cumulus Media Inc. scores 3/10 on the AskCyborg Cyborg Score (Weak). High-risk turnaround story dependent on successful debt restructuring completion and digital revenue acceleration to offset traditional radio decline. Q4 2025 revenue declined 14% to $188.1 million with a net loss of $135.1 million, and Q1 2026 revenue of $164.4 million represents a 12.2% decline year-over-year. The company's high debt.
What is Cumulus Media Inc.'s industry? Cumulus Media Inc. (cumulus.com) operates in Broadcasting / Audio Media. AskCyborg classifies Cumulus Media Inc. under Broadcasting / Audio Media in its company registry.
Cumulus Media is an audio-first media company providing listeners with local programming through approximately 400 owned-and-operated stations across 84 markets and nationally syndicated sports, news, talk, and entert...
Cyborg Score thesis
High-risk turnaround story dependent on successful debt restructuring completion and digital revenue acceleration to offset...
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Get Current Report FreeCumulus Media Inc. Overview
Pro stress-test →Cumulus Media is an audio-first media company providing listeners with local programming through approximately 400 owned-and-operated stations across 84 markets and nationally syndicated sports, news, talk, and entertainment programming. The company faces significant restructuring challenges driven by high leverage and secular decline in traditional radio advertising.
Strategic Profile
Pro stress-test →Cumulus is heavily investing in its digital marketing services including podcasting and AI initiatives to drive operational efficiency in ad placement and content creation. A court-approved reorganization plan marks a pivotal milestone in strengthening the financial foundation, positioning the company for debt reduction and long-term competitiveness in the evolving media landscape.
Competitive Landscape
Pro stress-test →Cumulus Media is the second-largest owner and operator of radio stations nationwide, competing with Salem Media Group, iHeartMedia, and Entercom in traditional radio. The company faces intensifying competition from digital platforms (Spotify, Apple Music, YouTube) and podcasting services. Traditional radio advertising faces secular headwinds as audiences shift to on-demand content.
Industry Context
Cumulus Media Inc. operates in Broadcasting / Audio Media.
Key facts
Founded: 1998 · Headquarters: Atlanta, Georgia, US · Employees: 3,367 · Revenue: $772.2M (TTM as of June 2026) · Market cap: N/A