Cumulus Media Inc. (CMLS)
Cumulus Media Inc. operates in the Broadcasting industry of the Communication Services sector, headquartered in Atlanta, GA, US. The stock last traded at $0.01, down 9.09% on the session, giving a market capitalisation of $85,640. On trailing twelve-month figures it carries a trailing P/E of -0.00, a net margin of -25.9%. Its beta of 0.72 implies it has historically moved less than the broad market.
Cumulus Media Inc. is a prominent audio entertainment firm that manages and operates a vast network of radio broadcasting outlets across the United States. Its extensive portfolio comprises 406 owned and operated stations spanning 86 markets, further complemented by approximately 9,500 affiliated stations facilitated through Westwood One. The company delivers a rich variety of content, including sports, news, discussion, and entertainment programming, sourced from prominent partners such as the NFL, NCAA, The Masters, CNN, The Associated Press, and the Academy of Country Music Awards. Beyond its core audio offerings, Cumulus Media also provides a comprehensive suite of digital marketing services, encompassing email campaigns, geographically targeted display and video advertising, website and microsite development and hosting, social media oversight, brand reputation management, and search engine marketing and optimization. Advertisers leverage the company's diverse reach across traditional broadcast, on-demand digital, mobile, social, and voice-activated platforms. Founded in 2002, Cumulus Media Inc. maintains its headquarters in Atlanta, Georgia.
Cumulus Media Inc. is most often compared with the following Communication Services names: