About Cumulus Media
Cumulus Media is a publicly listed company based in Atlanta (United States) founded in 1997. Audio-first media and entertainment company. The company has 3,110 employees. Cumulus Media has completed 5 acquisitions, including 101WKQX, Citadel Broad Casting and Merlin Media. Its chief executive, as recorded, is Mary Berner. Its website cumulusmedia.com draws about 36 thousand monthly visits. The company has since been acquired. Cumulus Media offers products and services including Radio Stations, Cumulus Podcast Network, and Advertising Solutions. Its focus areas include Marketing Services and Advertising Agencies. Its competitors include Cadent, Digital Domain and Omnicom Group; 2 of its 3 listed competitors have raised funding.
Company details
Cumulus Media, led by Steven Galbraith as Board of Directors, Andrew Hobson as Chairman, Mary Berner as CEO, specializes in providing business support, marketing services, and advertising agencies. Audio-first media and entertainment company. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Atlanta, United States
- Employees 3,110
- Stage Acquired
- SectorsBusiness Services
- Website category Arts and Entertainment · Music
- Email••••••••
- Website cumulusmedia.com
- Social LinkedIn X
- Legal Name Cumulus Media Inc.
- Annual Revenue$827.08 M (USD)-2.07as on Dec 31, 2024
- Net Profit-$283.25 M (USD)-140.29as on Dec 31, 2024
- EBITDA$86.86 M (USD)-14.2as on Dec 31, 2024
- InvestorsOaktree Capital Management
& 1 more
- Employee Count3,110
- Investments & Acquisitions101WKQX
& 4 more
Products & Services of Cumulus Media
Cumulus Media offers a comprehensive portfolio of products and services, including Radio Stations, Cumulus Podcast Network, and Advertising Solutions.
Network of stations for local and national audio programming
Platform offering original smart and entertaining podcasts
Services for personalized brand connections and audience reach
Funding Insights of Cumulus Media
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Cumulus Media with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2011 | Post-IPO | – | – |
1 investors in total: 1 institutional.
Investors in Cumulus Media
Cumulus Media has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Oaktree Capital Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors | 1995 | oaktreecapital.com | Los Angeles, United States |
Investor details for Cumulus Media
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Cumulus Media
281 people are tracked at Cumulus Media (134 in leadership, 6 in board & advisors, 141 in team); the tracked headcount is 3,110.
| Name | Role | Group |
|---|---|---|
Steven Galbraith | Board of Directors | Leadership |
Andrew Hobson | Chairman | Leadership |
Mary Berner | CEO | Leadership |
Randy Norris | Regional Director Of Engineering - North Central | Leadership |
Justin Tucker | Regional Director Of Engineering Southeast | Leadership |
Bob Walker | President Operations | Leadership |
Patrick Best | President, Digital Commerce And Wise Brother Media | Leadership |
Keith Bosworth | Regional Director Of Engineering, Great Lakes | Leadership |
Theresa Montgomery | Director Of Operations | Leadership |
Frank Lopez-Balboa | EVP & CFO | Leadership |
Ashley N. Gantt | Senior Director Of Accounting-westwood One | Leadership |
Erich Wagner | Senior Director Finance | Leadership |
Jennipher Miller | Director Of Marketing And Promotions | Leadership |
Annette Stratton | Senior Director Of Finance | Leadership |
Melissa Bristol | Vice President Of Finance And Assistant Controller | Leadership |
Micah McCoin | Director Of Accounting | Leadership |
Alnoor Velji Mba | Regional Finance Director | Leadership |
Omar Hernandez | Director Of Accounting | Leadership |
Steve Edwards | Promotions Manager, Wosh/wnam/wpkr Program Director, & WPKR Afternoon Host | Leadership |
Jenn Fallin Johnson | Senior Director | Music Partnerships & Promotions (corporate) | Leadership |
261 more people are available in the full profile.
Complete people profiles for Cumulus Media
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Cumulus Media
Cumulus Media is a publicly listed company on the OTC with ticker symbol CMLS in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Jun 1998
- Listed onNASDAQ: CMLS
- Listed entityCumulus Media Inc.
- Exchange sectorConsumer services
- ISINUS2310828015
- Share price$0.01 (-91.31% on the day) · 2026-03-06
- Market capitalisation$12.6M
- EPS (diluted, trailing year)$-17.35
- Volume (last session)5,797,682
- Analyst consensusNo rating
Financials of Cumulus Media
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $827.1M | -$283.2M | $86.9M |
| 2023 | $844.5M | -$117.9M | $101.2M |
| 2022 | $953.5M | $16.2M | $165.8M |
| 2021 | $916.5M | $17.3M | $134.3M |
| 2020 | $816.2M | -$59.7M | $92.0M |
Detailed financial statements for Cumulus Media
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Cumulus Media
Cumulus Media has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 101WKQX, Citadel Broad Casting and Merlin Media.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Streaming platform for radio, podcasts, news, and music is provided. | wzpl.radio.com | 1996 | Feb 2019 | •••• | ||
Provider of music, live listen and air staff services | 101wkqx.com | Chicago, United States | 2013 | Apr 2018 | •••• | |
3D design, printing, and consulting services are provided to clients. | merlinmedia.com | San Jose, United States | 2010 | Feb 2018 | •••• | |
Westwood One is recognized as a leading audio network in America. | westwoodone.com | New York, United States | 1976 | Mar 2014 | $260M | |
Provider of radio broadcasting services | citadelbroadcasting.com | Salt Lake, United States | 1984 | Mar 2011 | •••• |
Complete acquisition details for Cumulus Media
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Cumulus Media
8 dated milestones of Cumulus Media across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Cumulus Media is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Citadel Broad Casting.
- Funding First funding round.
- Acquisition Acquires Westwood One.
- Acquisition Acquires Merlin Media.
- Acquisition Acquires 101WKQX.
- Acquisition Acquires WZPL Radio.
Competitors of Cumulus Media
Cumulus Media has 3 listed competitors in our database, 2 of them funded. They include Cadent, Digital Domain and Omnicom Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cadent.tv | 2005 | New York, United States | $17M | 23 | TV advertising solutions are provided for businesses through data-driven methods. | |
| digitaldomain.com | 1992 | Los Angeles, United States | $18.22M | 191 | Visual effects studio for feature film and advertising production | |
| omnicomgroup.com | 1944 | New York, United States | 74,900 | Marketing & communications company |
Detailed competitors of Cumulus Media
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cumulus Media
The website of Cumulus Media (cumulusmedia.com) receives about 36.3K visits a month and ranks #879,532 among all websites worldwide, #11,155 in Music.
- Monthly visits36.3K
▲ 1.9% vs previous month
- Unique visitors16.3K
per month
- Global rank#879,532
among all websites
- Category rank#11,155
Arts and Entertainment · Music
- Bounce rate56%
- Pages per visit2.0
- Average visit1 min 13 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with Cumulus Media. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
kix106.com | kix106.com | 100% | #9,483,432 | – | |
wbap.com | wbap.com | 95% | #370,107 | – | |
| youtube.com | 78% | 30.4B | #2 | View details | |
| linkedin.com | 29% | 1.9B | #18 | View details |
Top companies in Marketing & Outreach Platforms
3 companies that operate in the same segment as Cumulus Media (Marketing & Outreach Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Creative Artists Agency is engaged in talent representation and brand management. | 1975 | Los Angeles, California, United States | USD 263.26 M | 916 | ||
Provider of advertising services | 2003 | New York, New York, United States | USD 174.38 M | 3,660 | ||
Software suite solutions are provided for brands and e-commerce businesses. | 2013 | Lehi, Utah, United States | USD 277 M | USD 2.5 B | 2,158 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Cumulus Media
Complete news archive for Cumulus Media
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cumulus Media
Cumulus Media was founded in 1997 and raised its 1st funding round 14 years after it was founded.
Cumulus Media is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Mary Berner is the CEO of Cumulus Media, as recorded in our data.
Cumulus Media has 3,110 employees.
Annual revenue of Cumulus Media is $827.08M as on Dec 31, 2024.
Cumulus Media, led by Steven Galbraith as Board of Directors, Andrew Hobson as Chairman, Mary Berner as CEO, specializes in providing business support, marketing services, and advertising agencies. Audio-first media and entertainment company. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Cumulus Media's top competitors include Cadent, Digital Domain and Omnicom Group.
Cumulus Media offers Radio Stations, Cumulus Podcast Network, and Advertising Solutions.
Yes, Cumulus Media is publicly traded on OTC under the ticker symbol CMLS.
Cumulus Media has made 5 acquisitions, including 101WKQX, Citadel Broad Casting, and Merlin Media.
Cumulus Media has 1 investor. Key investors include Oaktree Capital Management.