Cumulus Media upgraded by B. Riley FBR with a new price target
$CMLS
Broadcasting
Consumer Discretionary
B. Riley FBR upgraded Cumulus Media from Neutral to Buy and set a new price target of $14.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/5/2022 | $21.00 | Outperform | Barrington Research |
NEW YORK, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Cumulus Media's Westwood One announced today that McGraw Milhaven, the acclaimed morning radio talk show host at KTRS-AM in St. Louis, Missouri, will take the helm of the nationally syndicated program America at Night, beginning December 1st. Broadcast live weeknights from 9:00 pm to midnight ET, America at Night will feature Milhaven's signature blend of engaging interviews, sharp commentary, and dynamic listener interaction. Following in the footsteps of talk radio legends Jim Bohannon and Larry King, Milhaven brings a fresh voice and seasoned perspective to the national stage. Covering everything from politics and current events to sports an
ATLANTA, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Cumulus Media today announced a major expansion of its podcast portfolio with the addition of the Shots Podcast Network podcasts to the Cumulus Podcast Network, marking a new era of creator-led audio entertainment. As part of Westwood One's portfolio, The Cumulus Podcast Network distributes, markets, and monetizes the Shots Podcast Network with this new partnership. Shots Podcast Network continues to develop, produce, and own all content. The Shots Podcast Network is a powerhouse in digital media, known for its unapologetic style, viral content, and massive fanbase. The network includes hit shows like the flagship Full Send Podcast, hosted by Kyl
Emmy Award-winning Host and Content Creator Chris Van Vliet Takes His Hit Podcast INSIGHT to Major New Platform ATLANTA, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Cumulus Media announced today that Chris Van Vliet will be joining the Cumulus Podcast Network, bringing his acclaimed show "Insight with Chris Van Vliet", to one of the largest audio platforms in the country. As part of Westwood One's portfolio, The Cumulus Podcast Network will distribute, market, and monetize "Insight with Chris Van Vliet" with this new partnership. As professional wrestling enjoys unprecedented mainstream success — driven by billion-dollar streaming deals and record-breaking viewership for major brands like WWE and
Barrington Research initiated coverage of Cumulus Media with a rating of Outperform and set a new price target of $21.00
B. Riley FBR upgraded Cumulus Media from Neutral to Buy and set a new price target of $14.00
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ATLANTA, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (OTCQB:CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three and nine months ended September 30, 2025. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, "In an advertising environment that remained challenging for legacy media, we continued to outperform. We once again gained market share in total broadcast spot as well as in digital, where our market share gains reflected the strong growth of our digital marketing services business, which was up 34% in the quarter. Additionally, we remained highly focused on re-engineering the business, reducing
ATLANTA, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (OTCQB:CMLS) will host a conference call on Thursday, October 30th at 8:30 AM ET to discuss its third quarter 2025 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. To participate in the conference call, please register in advance using this link. NetRoadshow (NRS) is the service provider for this call. Registration requires a one-time only email address verification. Upon completing registration, a calendar invitation will follow with call access details, including a unique PIN, and replay details. The conference call will also be broadcast liv
ATLANTA, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (OTCQB:CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three and six months ended June 30, 2025. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, "While the advertising backdrop for legacy media remains challenging, in the quarter we continued to outperform our radio peers, gaining market share across all broadcast spot revenue channels. We also significantly outperformed in digital, delivering double the growth rate of our radio peers, driven by the 38% year-over-year increase in our digital marketing services business. Additionally, we execu
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NEW YORK, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Cumulus Media's Westwood One today announced the appointment of Armen Williams as Executive Director of Westwood One Sports 24/7 Programming, where he will lead the development and production of the network's new round-the-clock sports content. Williams officially joins the team on Monday, November 3, with an immediate focus on building and executing the 24/7 sports programming slate. In his new role, Williams will oversee all aspects of sports talk content across the network, including daily technical operations, social media strategy, and brand management. He will build a talented team of hosts and producers responsible for compelling on-air p
ATLANTA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) today announced the appointment of Steven M. Galbraith to its Board of Directors. "We are thrilled to welcome Steve to our board," said Chairman Andrew W. Hobson. "As a longtime shareholder in the Company, Steve has demonstrated a deep commitment to the Company's success. His impressive investment management background and expertise complement the diverse strengths and wide-ranging capabilities of our existing board, and we are excited to leverage his vision and insights to drive growth and capitalize on new opportunities." Galbraith is currently a managing member of Kindred Capital Advisors LLC, and is among the
ATLANTA, June 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ:CMLS) today announced the appointment of Kriston Aitken to Chief Human Resources Officer, effective July 1, 2024. Reporting to Mary G. Berner, President and CEO, Aitken will be responsible for Human Resources strategy and operations, talent management, compensation and benefits, and supporting the advancement of the company culture. She succeeds Todd McCarty, who will be retiring after nearly nine years with the company. Aitken joined Cumulus Media in 2016 and has held the position of Senior Vice President of Human Resources for the past two years. With a career spanning nearly two decades, Aitken has a wealth of experience