Touch device users, explore by touch or with swipe gestures. CUMULUS MEDIA provides advertisers with personal connections, local impact and national reach through on-air and on-demand digital, mobile, social, and voice-activated platforms, as well as integrated digital marketing services, powerful influencers, full-service audio solutions, industry-leading research and insights, and live event experiences. All rights reserved. Mining is big business, Here are a few things that you should know before adding mining stocks to your port.... Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “CUMULUS MEDIA,” “we,” “us,” or “our”) today announced that the Company completed the initial closing of its tower portfolio monetization transaction for $208 million in gross proceeds on September 30, 2020. This link can also be used to access a recording of the call, which will be available shortly following its completion.To join by phone, domestic callers should dial 833-614-1549 and international callers should dial 914-987-7288. The company is headquartered in Atlanta, GA. . The Corporate and Other segment consists of the overall executive, administrative, and support functions for each of the company’s reportable segments, including finance and administration, legal, human resources, and information technology functions. CUMULUS MEDIA is the only audio media company to provide marketers with local and national advertising performance guarantees. Stock analysis for Cumulus Media Inc (CMLS:NASDAQ GM) including stock price, stock chart, company news, key statistics, fundamentals and company profile. For more information visit www.cumulusmedia.com.Contact Information Investor Relations IR@cumulus.com 404-260-6600. As defined in the Debt Agreements, net proceeds of approximately $64 million from assets being sold and not being leased back (the “Sale Proceeds”) and net proceeds of approximately $96 million from assets being sold and leased back (the “Sale-Leaseback Proceeds”) are required to pay down the Term Loan and be applied to a tender offer with respect to the 6.75% Notes on a pro rata basis. balance sheet and inputs from the stock market. It operates through the following segments: Radio Station Group, Westwood One, and Corporate and Other. The score provides a forward-looking, one-year measure of credit Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s Official Close … Source: FactSet. When autocomplete results are available use up and down arrows to review and enter to select. Updated daily, it takes into Cumulus Media Inc Registered Shs -A-Stock , CMLS. Dividend). © 2020 Insider Inc. and finanzen.net GmbH (Imprint). risk, allowing investors to make better decisions and streamline their work ow. If prompted, the conference ID number is 8478237. The conference call will be broadcast live in listen-only mode through a link on the Company’s investor relations website at www.cumulusmedia.com/investors. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. CUMULUS MEDIA engages listeners with high-quality local programming through 424 owned-and-operated stations across 87 markets; delivers nationally-syndicated sports, news, talk, and entertainment programming from iconic brands including the NFL, the NCAA, the Masters, the Olympics, the Academy of Country Music Awards, and many other world-class partners across nearly 8,000 affiliated stations through Westwood One, the largest audio network in America; and inspires listeners through its rapidly growing network of original podcasts that are smart, entertaining and thought-provoking. United States. 5.17-0.16-3.00%. The Westwood One segment covers the revenues generated primarily through network advertising. The Radio Station Group segment includes the sale of broadcasting time to local, regional, and national advertisers. Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover, Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGM - NasdaqGM Real Time Price. Made In NYC | Stocks To Buy - Why Is This Metal Taking Off? Stock quotes by finanzen.net, * Average Estimates in Million (e.g. Atlanta, GA 30305 Find the latest Cumulus Media Inc. (CMLS) stock quote, history, news and other vital information to help you with your stock trading and investing. Disclaimer | Since then, CMLS shares have decreased by 23.8% and is now trading at $5.22. Subscribe to Premium to view Fair Value for CMLS, ATLANTA, Oct. 09, 2020 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Thursday, November 5th at 8:30 AM ET to discuss its third quarter 2020 operating results. Currency in USD, Trade prices are not sourced from all markets. If it isn't grown, it has to be mined. Commerce Policy | CUMULUS MEDIA Announces Conference Call to Discuss Third Quarter 2020 Operating Results, CUMULUS MEDIA Completes Initial Closing of Tower Portfolio Monetization Transaction for $208 Million, Former Showtime Chairman and CEO Matthew Blank Joins CuriosityStream Executive Board of Directors, CUMULUS MEDIA Reports Operating Results for the Second Quarter 2020 and Announces Definitive Agreement to Monetize Tower, CUMULUS MEDIA Announces Conference Call to Discuss Second Quarter 2020 Operating Results, Cumulus Media Completes Sale of Land in Bethesda, Maryland to Toll Brothers for $74.1 Million, CUMULUS MEDIA Adopts Short-Term Shareholder Rights Plan, CUMULUS MEDIA Reports Operating Results for the First Quarter 2020, CUMULUS MEDIA Announces Conference Call to Discuss First Quarter 2020 Operating Results, NYSE ANNOUNCES QUARTERLY CHANGES TO NYSE FAMILY OF INDEXES, British Pound Could Drop 10% If No Brexit Deal, Says Wraith, 3280 Peachtree Road Northwest Shareholder percentage totals can add to more than 100% because some holders are included in the free float. account day-to-day movements in market value compared to a company’s liability structure. Before it's here, it's on the Bloomberg Terminal. Cumulus Media's stock was trading at $6.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. View which stocks have … © 2020 Verizon Media. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Registration on or use of this site constitutes acceptance of our, CUMULUS MEDIA Announces Conference Call to Discuss Third Quarter 2020 Operating Results, CUMULUS MEDIA Completes Initial Closing of Tower Portfolio Monetization Transaction for $208 Million, Cumulus Media Inc (CMLS) Q2 2020 Earnings Call Transcript, Cumulus Media (CMLS) Reports Q2 Loss, Lags Revenue Estimates, CUMULUS MEDIA Reports Operating Results for the Second Quarter 2020 and Announces Definitive Agreement to Monetize Tower Portfolio for $213 Million, Capital Research & Management Co. (World Investors).