Colorado Media Newsroom
October 28th, 2022, 11:42 AM
From Radio Online:
Cumulus Media reported third quarter net revenue declined 1.8% to $233.4 million from $237.7 million in 2021. Broadcast radio revenue fell 4.7% to $177 million from $185.8 million, while digital grew 4.7% to $34.9 million from $33.3 million. Adjusted EBITDA rose 34.5% to $123.2 million from $91.6
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17241)
Cumulus Media reported third quarter net revenue declined 1.8% to $233.4 million from $237.7 million in 2021. Broadcast radio revenue fell 4.7% to $177 million from $185.8 million, while digital grew 4.7% to $34.9 million from $33.3 million. Adjusted EBITDA rose 34.5% to $123.2 million from $91.6
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17241)