Cumulus Deepens Digital Ties With Acquisition Of Major Stake In Parent Of Rdio

By | Monday September 16, 2013 @ 7:37am PDT

Radio or Rdio? For Cumulus, it’s both: In a deal announced this morning the station owner will wind up with “a significant equity stake” in Pulser Media, which owns Rdio — a subscription music service that competes with companies including Spotify. Read More »

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Sean Hannity Signs Long-Term Deal With Premiere Networks

The agreement will expand the reach of radio’s No. 2 talk show host on Clear Channel stations next year. Details will be announced later, and they’ll probably indicate where Sean Hannity‘s shows will be heard in markets where … Read More »

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Rush Limbaugh Inks Deal To Stay With Cumulus Media

By | Friday August 23, 2013 @ 4:10pm PDT

Rush Limbaugh made sure today to goose those media reports that suggested his longtime radio partnership with Cumulus Media was over when he announced on his radio show that he had re-upped with the company … Read More »

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UPDATE: Rush Limbaugh Tells Listeners That “Everything’s Cool” But Won’t Say Whether Cumulus May Drop His Show

By | Monday July 29, 2013 @ 10:40am PDT

UPDATE, 10:40 AM: “Suffice it to say, nothing is going to happen that you will notice,” Rush Limbaugh said today in response to a Politico story that says Cumulus plans to drop his … Read More »

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CBS Creates National Sports Radio Unit

By | Thursday June 21, 2012 @ 3:00pm PDT

CBS Corp said today that it is forming CBS Sports Radio, a 24-hour, seven-day-a-week lineup of national programming from CBS Radio and CBS Sports that will debut January 2, 2013. CBS Sports-branded hourly updates will kick off on affiliate stations … Read More »

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Media Stocks Suffer As Investors Fear Ad Sales Will Weaken

The Dow Jones U.S. Media Index was down 3.5% today while the DJ Industrial Average was off 2.4% — and Goldman Sachs may have contributed to the imbalance: It downgraded the entertainment sector today to “neutral” from “attractive” … Read More »

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Media Stocks Slammed Amid Concerns Of A Double-Dip Recession

Media stocks suffered along with just about everyone else today after the Federal Reserve stirred recession fears by reporting “significant downside risks to the economic outlook” — and World Bank President Robert Zoellick warned that global economies are in … Read More »

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FCC OKs Cumulus-Citadel Merger

By | Wednesday September 14, 2011 @ 4:24pm PDT

UPDATE, THURSDAY AM: Citadel stockholders approved the merger with Cumulus this morning, the last hurdle in the process. The deal is set to close Friday.

ATLANTA & LAS VEGAS–(BUSINESS WIRE)–Cumulus Media Inc. (“Cumulus Media”) (NASDAQ: CMLS) and

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