Cumulus Rejects Buyout Offer at Q1 Revenue Meeting
The company recorded $232 million in first three months of 2022
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The company recorded $232 million in first three months of 2022
He has been with the company since 2019
The all-virtual 2020 show to host keynote addresses, townhall speeches, audio equipment discussions
Also reports drop in net revenue of 48% in latest quarter
Berner says the company continues its effort to aggressively reduce net leverage
Pittman, Berner and Field to gather in Dallas
Catsimatidis’ Red Apple Media will buy the iconic station for $12.5M cash
And Amador Bustos, David Field and Bill McElveen to remain for two more years
The deal will trim the reorganized broadcaster’s debt by just over $1 billion.