| Cumulus Media | |
|---|---|
 |
|
| Type | Public (NASDAQ: CMLS[1]) |
| Founded | 1997 |
| Headquarters | Atlanta, GA |
| Key people | Lewis W. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American Stock exchange. Year 1997 ( MCMXCVII) was a Common year starting on Wednesday (link will display full 1997 Gregorian calendar Dickey, Jr. , CEO, Chairman, & President |
| Industry | Entertainment |
| Products | radio |
| Revenue | $243,922,000 (2007-09-30) |
| Employees | 3,400 full time |
| Website | http://www.cumulus.com |
Cumulus Media, Inc. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" See also Entertainment (disambiguation and The Entertainer (disambiguation Entertainment is an activity designed to give people In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need Radio is the transmission of signals by Modulation of electromagnetic waves with frequencies below those of visible Light. In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages (also known as Cumulus Broadcasting) NASDAQ: CMLS is a large owner of radio stations in markets in the United States. The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American Stock exchange. This article is about radio broadcasting for other uses see Radio (disambiguation. The United States of America —commonly referred to as the Founded 1997 in Milwaukee, WI and now based in Atlanta, Georgia, the company is in a distant second place in the country behind Clear Channel Communications, in terms of number of stations owned. Clear Channel Communications is a media conglomerate company based in the United States. The major shareholders of the company belong to the Dickey family.
Cumulus had 307 stations in 61 markets as of December 31, 2005. Events 406 – Vandals, Alans and Suebians cross the Rhine, beginning an invasion of Gallia. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. [1] Another 35 stations were operated through local marketing agreements as of March 1, 2004. In US and Canadian Broadcasting, a local marketing agreement (or local management agreement, or LMA) is an Agreement Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again "
The company's biggest purchase would come in October 2005 with their purchase of Susquehanna Radio, giving Cumulus sizable groups in large markets for the first time in its existence. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. The Susquehanna Radio Corporation was a Media corporation which operated from 1941 to 2006 that was headquartered in York Pennsylvania.
In its 30 September 2007 report, Cumulus Media Inc. claimed to be the second-largest radio company in the United States based on station count with Cumulus and its partners in Cumulus Media Partners, owning and/or operating 344 radio stations in 67 U. S. media markets. [2] With Clear Channel exiting the television business, however, Cumulus is now the third-largest media company focused only on radio, behind Clear Channel Communications, and Entercom Communications. Clear Channel Communications is a media conglomerate company based in the United States. Entercom Communications Corporation ( is the fourth-largest broadcasting company in the United States
ABC Radio Purchase Attempt
Sometime in 2005, The Walt Disney Company was looking into the sale of ABC Radio; and 24 ABC's O&O radio stations (Radio Disney and ESPN Radio were not included). ABC Radio Networks, known as ABC Radio for short is an American Radio network. The American Broadcasting Company ( ABC) is an American Television network. This article is about radio broadcasting for other uses see Radio (disambiguation. Radio Disney is a radio network based in Dallas Texas in the United States broadcasting music and other content targeted at Children and young ESPN Radio is an American sports Radio network. It was launched on January 1, 1992 under the original banner of "SportsRadio Cumulus was in the running along with its rivals Citadel Broadcasting and Entercom. For the similarly named television broadcaster see Citadel Communications. Cumulus was eliminated leaving Citadel and Entercom battling it out[3] In the end Citadel was chosen as the highest bidder. Had Cumulus gone through as such, it would have to sell all of their small market stations.
References
- ^ "CMLS:Profile for Cumulus Media Inc.", Yahoo! Finance.
- ^ Third Quarter 2007 Results. Cumulus Media Inc. .
- ^ Source: Citadel, Entercom Final Bidders For ABC Radio allbusiness.com (December 6, 2005)
External links
Events 1060 - Béla I of Hungary is crowned king of Hungary 1240 - Mongol invasion of Rus: Kiev Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar.Dapyx Software network: MP3 Explorer | Ebook Manager | Zenithic