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February 24, 2014
07:28 EDTCMLSCumulus Media investment opportunity compelling, says RBC Capital
RBC Capital expects Cumulus' recent acquisitions to increase its growth, and the firm predicts that the company will generate significant free cash flow growth and yield. The firm thinks the stock may become a capital returns story, and it believes the stock offers a compelling investment opportunity. RBC Capital keeps an Outperform rating on the shares.
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September 4, 2014
16:13 EDTCMLSCumulus Media to eliminate Co-COO roles
Cumulus Media announced that it is putting in place a new organizational leadership structure, the goal of which is to enhance the company's strategic and operational focus and leverage its business platform. The announcement follows the completion of the integration of Citadel and Westwood One. As part of the executive organizational changes, Cumulus will be eliminating its Co-COO positions, previously held by Jon Pinch and John Dickey. Pinch will be retiring at the end of November, after more than 45 years in the broadcasting industry and 14 years with Cumulus. The following newly-created leadership positions will report directly to Lew Dickey. John Dickey, who served as Co-COO since 2006, was named to the newly-created position of EVP of Content and Programming.

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