The judge in the court fight between Cumulus and Nielsen has put the case on hold.
U.S. District Judge Jeannette Vargas has issued a stay in “Cumulus Media New Holdings Inc. v. The Nielsen Company (US) LLC” in light of the announcement that Cumulus has filed for Chapter 11 bankruptcy reorganization to relieve its debt burden.
Her stay affects claims by Cumulus against Nielsen, as well as Nielsen’s counterclaims. She instructed the companies to get back to her with an update in early June and every 90 days afterward.
At present, Nielsen has been allowed to continue enforcing the bundled ratings policies that are at the center of the dispute.
Nielsen is among the creditors of Cumulus, according to reporting by Radio Ink.
[Read a previous commentary by Jerry Del Colliano that reviews the issues at stake and where the policies stand.]
