Colorado Media Newsroom
October 27th, 2023, 10:00 AM
From Radio Online:
Cumulus Media reported third quarter total net revenue declined 11.2% to $207.4 million from $233 million in 2022. Digital revenue was up 6.6% to $37.2 million from $34.9 million, while broadcast radio fell 17.4% to $146.2 million from $177 million. Adjusted EBITDA was $26.9 million, a decline of
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17624)
Cumulus Media reported third quarter total net revenue declined 11.2% to $207.4 million from $233 million in 2022. Digital revenue was up 6.6% to $37.2 million from $34.9 million, while broadcast radio fell 17.4% to $146.2 million from $177 million. Adjusted EBITDA was $26.9 million, a decline of
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17624)