Colorado Media Newsroom
May 3rd, 2024, 12:10 PM
From Radio Online:
Cumulus Media reported first quarter net revenue fell 2.7% to $200.05 million from $205.6 million in 2023. Total broadcast revenue declined 5.6% to $139.7 million from $148 million, while digital climbed 7.3% to $34.4 million from $32 million. Adjusted EBITDA was down 18.6% to $8.4 million from $10.3
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17836)
Cumulus Media reported first quarter net revenue fell 2.7% to $200.05 million from $205.6 million in 2023. Total broadcast revenue declined 5.6% to $139.7 million from $148 million, while digital climbed 7.3% to $34.4 million from $32 million. Adjusted EBITDA was down 18.6% to $8.4 million from $10.3
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17836)