Colorado Media Newsroom
May 4th, 2022, 12:59 PM
From Radio Online:
Cumulus Media reported first quarter net revenue grew 15% to $232 million from $201.7 million in 2021. Total broadcast radio revenue was up 9.2% to $169.1 million, while Digital, led by digital marketing services and podcasting, rose 17.8% to $31.8 million. Adjusted EBITDA climbed a whopping 249.5%
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17035)
Cumulus Media reported first quarter net revenue grew 15% to $232 million from $201.7 million in 2021. Total broadcast radio revenue was up 9.2% to $169.1 million, while Digital, led by digital marketing services and podcasting, rose 17.8% to $31.8 million. Adjusted EBITDA climbed a whopping 249.5%
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17035)