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Before we start, please note that certain statements in today's press release and discussed on this call may constitute forward-looking statements under federal securities laws. While these individuals will likely be departing, aside from Neville, Berner did note that all temporary furloughs and pay cuts fueled by the COVID-19 pandemic and its economic wrath will come to an end on July 31 for parent company Cumulus. CMLS earnings call for the period ending December 31, 2019. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. SA News Thu, Oct. 01 1 Comment. CMLS earnings call for the period ending June 30, 2018. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. To join by phone, domestic callers should dial 833-614-1549 and international callers should dial 914-987-7288. Westwood One News was created 5 1/2 years ago. CUMULUS MEDIA engages listeners with high-quality local programming through 424 owned-and-operated stations across 87 markets; delivers nationally-syndicated sports, news… Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. From 1996 to 2006 he served as an editor at Radio & Records. Why Shares of Cumulus Media Inc. CMLS earnings call for the period ending March 31, 2020. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Source: Kantar Media. News & Analysis: Cumulus Media. Industry, sector and description for Cumulus Media. CMLS is not currently paying a regular dividend. The Company owns and operates FM and AM radio station clusters serving mid-sized markets throughout the United States. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Cumulus Media's shares were on fire in 2013, as investors seem to be rethinking the value proposition of the radio sector. Cumulus Media stock was up some 12.3% in midday trading Friday, as investors reacted positively to two key announcements made internally at the audio media company led by CEO Mary Berner. Renowned investor Iain Butler just named 10 stocks for Canadians to buy today. The affiliate letter came concurrent to a video call conducted Thursday afternoon for all Cumulus employees by CEO Berner, during which she noted the 3% employee roster reduction. Among the 962 affiliates impacted by the closure of Westwood One News, scheduled for August 30, are Cumulus Media’s WLS-AM in Chicago, KGO-AM in San Francisco, KABC-AM in Los Angeles, and WJR-AM in Detroit. © Streamline RBR, Inc. All rights reserved. See you at the top! If prompted, the conference ID number is 8478237. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. © 2020 Verizon Media. Cumulus Shares Rebound On Word of WWO News Closure, Sign up for our newsletters for the rest of the headlines, оформить заявку онлайн на потребительский кредит, ‘K5’ Alive On Hawai’i Thanks To Gray’s KSIX Pick, Media Stocks End Week On High Note With Good Gilead News, Senate Seeks Simington FCC Nod Amid Section 230 Furor, Protecting the Public Interest By Ensuring Airwaves Access, Scripps’ ION Deal Puts Knutson, Tomlin In Wider Roles, CBS, FOX Pick Up Some Former WWO News Affiliates, Nick Cannon Returns To Nationally Syndicated Show Ahead of ‘Power’ Restoration, Business Development Manager: North America, Gray DC Bureau – Off-Air Multimedia Journalist, Senior TV News Manager, Innovation News Center.
Please call five to ten minutes in advance to ensure that you are connected prior to the call. Contact Information Investor [email protected], Registration on or use of this site constitutes acceptance of our, U.S. markets open in 34 minutes 55 seconds, Tesla will gain another 14% as company closes in on 500,000 annual deliveries, Wedbush says », I drove a $49,000 Acura TLX to see if all-new luxury sedan can still deliver in a world dominated by SUVs », 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, Cumulus Media A earnings preview: what Wall Street is expecting, Analysts Estimate Cumulus Media (CMLS) to Report a Decline in Earnings: What to Look Out for, CUMULUS MEDIA Announces Conference Call to Discuss Second Quarter 2020 Operating Results. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. CUMULUS MEDIA is a leading audio-first media and entertainment company delivering premium content to over a quarter billion people every month — wherever and whenever they want it. Westwood One President Suzanne Grimes said in the letter, “As you can imagine, this was an extraordinarily difficult decision not only given the strength and quality of our award-winning news product, but also the depth and experience of the impeccable Westwood One News team.”. We appreciate your note and further information on this topic for our readers.

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. Online News Monitoring Made Simple. Actual results may differ materially from the results expressed or implied in forward-looking statements. 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. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. 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. One of the biggest radio companies in the country .

Unlike CBS News Radio or ABC News Radio, Westwood One News distinguishes itself by offering fully customizable locally branded news updates at the top and bottom of each hour, day and night, seven days a week. Also continuing is the morning drive Red Eye Radio. Fundamental company data and analyst estimates provided by FactSet. On low volume of just under 50,000 shares, CMLS was up 53 cents to $4.19 as of 11:16am Eastern.
CMLS earnings call for the period ending March 31, 2019. . Cumulus Media News Service from EIN News. Cumulus (CMLS) delivered earnings and revenue surprises of 0.00% and -6.55%, respectively, for the quarter ended June 2020. © 2020 Insider Inc. and finanzen.net GmbH (Imprint). These stations and all affiliate were notified Thursday afternoon that “due to extraordinary circumstances” WWO News would cease operations at the end of Sunday, August 30, following the 11:30pm ET news update. 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. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Westwood One News EVP Bart Tessler thanked the 962 stations airing WWO content and the Affiliate Sales team. All rights reserved. Get the latest Cumulus Media Inc. (CMLS) stock news and headlines to help you in your trading and investing decisions. As a soon to be former employee of Westwood One News, I feel a need to point out a major inaccuracy in this report.

News. CUMULUS MEDIA is the only audio media company to provide marketers with local and national advertising performance guarantees.

Cumulus Media stock was up some 12.3% in midday trading Friday, as investors reacted positively to two key announcements made internally at the audio media company led by CEO Mary Berner.

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