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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 29, 2015
16:19 EDTCMLSCumulus Media appoints Mary G. Berner as CEO
Cumulus Media has named Mary G. Berner CEO effective October 13. Berner joined the Cumulus board in May. She will succeed Lew Dickey, the company's founder and CEO, who has decided to serve as Vice Chairman and continue as a director of the company.
15:52 EDTCMLSCumulus Media CEO steps down, Hits Daily Double says
Cumulus Media CEO Lew Dickey and his brother, EVP John Dickey, have stepped down, according to Hits Daily Double. The next step for the company is expected to involve a "wholesale reorganization" and the naming of a new chief executive, the music industry blog stated. Reference Link
09:19 EDTCMLSDeutsche Bank to hold a conference
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