$CMLSQ

Nielsen (NLSN) secured a stay from a federal appeals court, pausing a court order to sell its Nationwide ratings product to Cumulus Media at set terms and a $50,000 daily fine. The district court had previously ordered Nielsen to offer a multi-year contract to Cumulus. Nielsen argues the order exceeds the injunction's scope and could force an unfavorable contract. Cumulus claims Nielsen's pricing is unreasonable and unlawful. The case is set for further legal proceedings.

A federal appeals court is set to issue a mandate that could send the dispute between Cumulus Media and Nielsen back to U.S. District Court. The focus will shift to Nielsen's charges for radio ratings access. Cumulus argues Nielsen's rates are unreasonable, while both companies continue negotiations. A deadline in September adds urgency to the resolution.

Cumulus Media received FCC approval to transfer licenses to new shareholders, a key step in its Chapter 11 restructuring. The company committed to maintaining newsroom staffing for two years. The plan eliminates $592M in debt and reduces annual interest expenses by $49M, transferring ownership to lenders.

The FCC approved Cumulus Media's Chapter 11 reorganization plan, clearing a major hurdle for the company to exit bankruptcy and reduce $600M in debt. CEO Mary Berner pledged to maintain newsroom staffing levels for two years. Cumulus, the third-largest U.S. radio group, filed for bankruptcy in April and aims to restructure with lenders taking 95% control.

Cumulus Media received FCC approval to transfer licenses to new shareholders, following a pledge to maintain newsroom staffing for two years. CEO Mary Berner emphasized commitment to public interest and localism. Alden Global Capital's Heath Freeman will hold a 31.86% voting interest. Cumulus exited bankruptcy in April, with reorganization aimed at financial strengthening.

Radio Training Network (RTN) is acquiring two FM stations from Cumulus Media for $2.05 million. The stations, KKEG in Arkansas and WIXV in Georgia, will expand RTN's portfolio. This is the second deal between the companies this year. The transaction is pending regulatory approval.

Cumulus Media reported Q2 2026 net revenue of $167.9 million, down 9.7% year over year, and a net loss of $9.2 million versus a $12.8 million loss in Q2 2025. Broadcast spot revenue fell to $81.5 million, network revenue to $21.4 million, while digital revenue was $38.7 million, roughly flat. The company is awaiting FCC approval to exit Chapter 11.

Cumulus Media Inc. (CMLSQ) reported a second-quarter loss of $9.2 million, or 52 cents per share. The Atlanta-based radio station owner posted revenue of $167.9 million for the quarter, according to the company’s results cited by Zacks Investment Research.

Cumulus Media reported Q2 net loss of $9.2M, improving from $12.8M a year earlier. Revenue fell 9.7% to $167.9M, with broadcast radio down 13.2% to $102.9M. The company cut content costs and SG&A and is in Chapter 11 since March 4, with $1.04B liabilities subject to compromise. It seeks FCC approval to emerge by Oct. 27.

CUMULUS MEDIA INC (CMLS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Cumulus Media Reports Operating Results for the Second Quarter 2026 ATLANTA, GA — August 14, 2026: Cumulus Media Inc. (OTC: CMLS.Q) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three and six months ended June 30, 2026. Mary G. B