Colorado Media Newsroom
July 28th, 2023, 02:18 PM
From Radio Online:
Cumulus Media reported second quarter total net revenue declined 11.2% to $210.1 million from $236.7 million in 2022. Digital revenue was $37.5 million, representing 18% of total revenue, driven by digital marketing services growth of 21% year-over-year. Adjusted EBITDA fell 32.6% to $30.7 million
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17524)
Cumulus Media reported second quarter total net revenue declined 11.2% to $210.1 million from $236.7 million in 2022. Digital revenue was $37.5 million, representing 18% of total revenue, driven by digital marketing services growth of 21% year-over-year. Adjusted EBITDA fell 32.6% to $30.7 million
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17524)