About Cumulus Media
Cumulus Media is a company based in Atlanta (United States) founded in 1997. The company has 3,110 employees as of December 31, 2024. Cumulus Media has completed 5 acquisitions, including 101WKQX, Citadel Broad Casting and Merlin Media. Cumulus Media offers products and services including Radio Stations, Cumulus Podcast Network, and Advertising Solutions. Cumulus Media operates in a competitive market with competitors including Cadent, Digital Domain, Primedia Group, Omnicom Group and The Meet Group, among others.
- Headquarter Atlanta, United States
- Employees 3110 as on 31 Dec, 2024
- Stage Public
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Sectors
Business Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Cumulus Media Inc.
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Annual Revenue
$827.08 M (USD)-2.07as on Dec 31, 2024
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Net Profit
-$283.25 M (USD)-140.29as on Dec 31, 2024
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EBITDA
$86.86 M (USD)-14.2as on Dec 31, 2024
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Latest Funding Round
Not available
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Investors
Oaktree Capital Management
& 1 more
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Employee Count
3110
as on Dec 31, 2024
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Investments & Acquisitions
101WKQX
& 4 more
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Acquired by
N/A
(Apr 14, 2022)
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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.
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
People of Cumulus Media
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Leadership Team
72 people
Software Development Team
56 people
Sales and Marketing
36 people
Finance and Accounting
26 people
Operations Team
23 people
Human Resources and Administration
16 people
Morning Team
7 people
Board Team
5 people
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Funding Insights of Cumulus Media
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 |
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Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
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Locked | Locked | Locked |
Investor details for Cumulus Media
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
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.
Investment portfolio details for Cumulus Media
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of music, live listen and air staff services
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Locked | Locked | 2013 | Locked | |
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3D design, printing, and consulting services are provided to clients.
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Locked | Locked | 2010 | Locked | |
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Streaming platform for radio, podcasts, news, and music is provided.
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Locked | Locked | 1996 | Locked |
Complete acquisition details for Cumulus Media
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Cumulus Media
Detailed financials for Cumulus Media
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Cumulus Media Comparisons
Peer comparison for Cumulus Media
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Cumulus Media
Cumulus Media operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cadent, Digital Domain, Primedia Group, Omnicom Group and The Meet Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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TV advertising solutions are provided for businesses through data-driven methods.
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Visual effects studio for feature film and advertising production
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Advertising and media services are provided across Africa.
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Marketing & communications company
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Provider of advertising services
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| Locked | Locked | Locked |
Creative solutions are provided for brand building and business challenges.
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Detailed competitors of Cumulus Media
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on 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 current CEO of Cumulus Media.
As of Dec 31, 2024, the latest employee count at Cumulus Media is 3,110.
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 GroupM, Cadent and Digital Domain.
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.
The ticker symbol of Cumulus Media is CMLS on OTC.