CMLS: Cumulus Media Inc. Twitter on Stock

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Tuesday, May 7, 8:06 PM Cumulus Media (CMLS): Q1 EPS of -$0.07 misses by $0.01. Revenue of $232.87M misses by $1.08M. (PR) Comment! [Earnings, Breaking News]
Monday, March 18, 9:19 AM Cumulus Media (CMLS): Q4 EPS of -$0.51. Revenue of $284.2M misses by $2.9M. (PR) Comment! [Earnings, Breaking News]
Monday, November 5, 2012, 9:35 AM Cumulus Media (CMLS): Q3 EPS of $0.24 beats by $0.19. Revenue of $275.4M (+120.7% Y/Y) misses by $15M. (PR) Comment! [Earnings]
Friday, October 12, 2012, 6:49 AM Cumulus Media (CMLS) announces it will replace sports programming from ESPN (DIS) with CBS Sports Radio in 47 markets. The move will narrow the gap in total audience between the two sports radio networks. Comment! [Consumer]
Tuesday, August 21, 2012, 10:01 AM A bill floating around Congress could raise the music royalties that terrestrial radio stations pay and level the playing field with cable, satellite and Internet radio. Wanting the bill to pass: P, SIRI. In line for higher fees: CBS, Clear Channel, EMMMS, CMLS. Comment! [Consumer]
Thursday, January 19, 2012, 10:35 AM AdWeek tackles the question of whether internet radio companies like Pandora (P) and Spotify can not only capture consistent ad revenue, but ultimately replace broadcast radio. In the piece, Cumulus Media (CMLS) CEO Lew Dickey scoffs at the notion, arguing that "your Walkman, CD collection or iPod" was unable to "substitute" free radio, and neither will streaming music services. (submitted by Rocco Pendola) 2 Comments [Tech]
Monday, October 17, 2011, 11:49 AM Cumulus Media (CMLS -1.2%) is poised to become the "best-positioned operator in the U.S. radio broadcast industry," Moody's says, with "far more financial flexibility" than larger rival Clear Channel (CCO -3.2%) because it can use much of its free cash flow to promote growth rather than pay down debt. After recent acquisitions, CMLS is the second-largest radio firm by station ownership. Comment! [Tech]
Tuesday, September 27, 2011, 1:08 PM Microcap media stocks are on a tear today, after hopes for European debt resolution lifts the veil off the sector and M&A chatter kicks up. Gainers: SBSA +17%, EMMS +11.5%, ETM +8.7%, CMLS +6.3%. Comment! [On the Move]
Tuesday, September 20, 2011, 1:49 PM It's a banner week for microcap Cumulus Media (CMLS) after CRT Capital initiates coverage with a Buy rating and the WSJ mentions the company in relation to its entry into the daily deals business as a competitor to Groupon (GRPN) and Yelp. Shares are up 20% on the day. Comment! [Tech, On the Move]
Thursday, March 10, 2011, 7:28 AM Cumulus Media (CMLS) will pay $37/share to buy Citadel Broadcasting (CDELB.PK), valuing Citadel at ~$2.5B. The announcement confirms earlier rumors about a deal and follows Citadel's rejection of a $31/share deal in December. (PR) Comment!
Thursday, February 17, 2011, 1:52 PM Citadel Broadcasting (CDELB.PK +14.7%) is in exclusive negotiations to sell itself to Cumulus Media (CMLS +13%) in a $37/share deal, CNBC's David Faber reports. The deal would be highly leveraged, requiring Cumulus, with a $200M market cap, to finance a cash payment of more than $1B. Citadel rejected a $31/share deal in December. Comment!
Friday, December 17, 2010, 11:13 AM Cumulus Media (CMLS +2.6%) confirms it made an unsolicited offer near $1.4B to buy No. 3 U.S. radio-station owner Citadel Broadcasting (CDELB.PK +4.3%), and reiterated the offer yesterday after being spurned last month. Citadel exited bankruptcy protection in June and can mull a cash-or-stock offer of $31/share. Comment!

CMLS Cumulus Media Inc.

CMLS

Cumulus Media Inc.