Cumulus Media, a privately owned company headquartered in the US, is a tier 1 media tech buyer. Founded in 1997, Cumulus Media operates with approximately 3,130 employees and reported $827.1M in revenue as of 2024. The company specializes in Pro AV services, functioning as an American broadcasting company and an operator of AM and FM radio stations in the United States. It also owns and operates Westwood One.
Cumulus Media, alongside Zimmer Communications, met with FCC leadership on September 9 to advocate for the elimination of local radio ownership rules, which have been frozen since 1996. The companies argue that digital platforms such as Spotify, YouTube, SiriusXM, and digital advertising have fundamentally altered the market, eroding listener attention and ad spending, with the FCC’s Republican majority and recent approval of television ownership deregulation signaling momentum for radio rule reform. On September 14, Cumulus Media appointed Mollie Watson as On-Air Host Afternoon Drive and Account Executive for Cincinnati AC station Warm 98/WRRM-FM. Watson joined Cumulus Cincinnati from Q102/WKRQ-FM, where she served as Midday Host for 16 years. Previously, on September 8, Kenny Smoov ended his 23-year run with Cumulus Media, where he held roles as Vice President of Urban Formats and Program Director for WQQK-FM "92Q" in Nashville, as the radio broadcasting company prepares to emerge from bankruptcy protection.
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Cumulus Media offers 3 products in the media and telecoms services and ad tech and services industries. Cumulus Media's product portfolio comprises of broadcast television and radio and RTB and programmatic.
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Cumulus Media's revenues were less than $1B in 2024. Caretta Research has split Cumulus Media's revenue into 3 different product categories, the largest of which is audio production services. For full access to Cumulus Media's revenue breakdown subscribe to Caretta Portal.
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