Photo Credit: Cumulus Media Cumulus Media starts layoffs in Indianapolis and Central Pennsylvania following iHeartMedia’s job cuts last week. Cumulus Media has started layoffs in Indianapolis and Central Pennsylvania this week ahead of the holiday […]
In mid-April, reports suggested that Atlanta-based radio-station operator Cumulus Media (NASDAQ: CMLS) was considering a $1.2 billion takeover bid from Connoisseur Media founder Jeff Warshaw. Now, however, Cumulus has formally rejected the “unsolicited” offer. Cumulus […]
Atlanta-headquartered radio-station operator Cumulus Media is reportedly considering a $1.2 billion takeover bid, including debt, from industry veteran (and Connoisseur Media founder) Jeff Warshaw. The possible buyout of 24-year-old Cumulus Media (NASDAQ: CMLS), which says […]