ATLANTA, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) today announced that Deborah Farrington, Co-Founder and Managing Partner of StarVest Partners, LP, has been appointed to the Cumulus Media Board of Directors. "Deborah is a highly respected and accomplished venture capital pioneer and experienced board member of Fortune 500 and leading public technology companies," said Mary G. Berner, President and Chief Executive Officer of Cumulus Media. "As such, Deborah brings valuable strategic insights that will support the execution of our audio-first strategy and nicely complement our existing Board expertise. We are confident that Deborah's proven business acumen will be

NEW YORK, July 29, 2022 (GLOBE NEWSWIRE) -- RedBall Acquisition Corp. (the "Company") (NYSE:RBACU, RBAC, RBACW))) today announced that it will redeem all of its outstanding ordinary shares that were included in the units issued in its initial public offering (the "public shares"), effective as of the close of business on August 17, 2022, as the Company will not consummate an initial business combination on or prior to August 17, 2022. Pursuant to the Amended and Restated Memorandum and Articles of Association (the "Articles"), if the Company does not complete its initial business combination by August 17, 2022, then the Company will: (i) cease all operations except for the purpose of wind

NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) -- RedBall Acquisition Corp. ("RedBall") (NYSE:RBAC), a publicly traded special purpose acquisition company, and SeatGeek, the technology platform that is transforming the live event experience for fans, teams, and venues, announced today that on May 31, 2022 the companies have mutually agreed to terminate their previously announced business combination agreement and plan of reorganization (the "Business Combination Agreement") with immediate effect. The parties decided to terminate the Business Combination Agreement as a result of current unfavorable market conditions, particularly impacting growth technology companies. Andy Gordon, Partner at Re

NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) -- RedBall Acquisition Corp. ("RedBall") (NYSE:RBAC), a publicly traded special purpose acquisition company with a focus on sports, media and data analytics, today announced that it has scheduled an extraordinary general meeting in lieu of annual general meeting of its shareholders (the "Special Meeting") to approve the proposed business combination (the "Business Combination") with SeatGeek, Inc. ("SeatGeek"). The Special Meeting will be held virtually via live webcast on June 1, 2022 at 9:30 a.m. ET, and RedBall shareholders can attend the Special Meeting using the virtual meeting instructions set forth on their proxy cards. The Company also annou

Recent additions Anna Baird and Melissa Selcher bolster the company's Board, bringing in world-class experience across finance, operations, and marketing to support SeatGeek's long-term growth objectives SeatGeek, the technology platform that is transforming the live event experience for fans, teams, and venues, today announced its Board of Directors that will lead the combined company subsequent to the closing of the previously announced business combination between SeatGeek and RedBall Acquisition Corp. ("RedBall") (NYSE:RBAC), a publicly traded special purpose acquisition company ("SPAC"). Subject to the approval of RedBall's shareholders and other customary closing conditions, the Boar

SeatGeek, the tecology platform that is transforming the live-event experience for fans, teams, and venues, today announced record financial results for the fourth quarter and fiscal year ended December 31, 2021. As previously announced, SeatGeek entered into a Business Combination Agreement with RedBall Acquisition Corp. ("RedBall"), a publicly traded special purpose acquisition company (NYSE:RBAC). Key Financial Results   $ Million For the Three Months Ended   December 31, 2021 September 30, 20211,2 December 31, 2020 Net revenue $82.5 $56.8 $4.8 Gross profit 47.6 35.4 (3.6) Contribution Margin3 6.8 4.9 (8.6) Los

NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) -- SeatGeek, Inc. ("SeatGeek"), the high-growth live event technology platform, today announced that management will attend the following investor conferences: JMP Securities Technology ConferenceMonday, March 7, 2022San Francisco, California Morgan Stanley Technology, Media & Telecom ConferenceTuesday, March 8, 2022San Francisco, California Deutsche Bank 30th Annual Media, Internet & Telecom ConferenceMonday, March 14, 2022Palm Beach, Florida Management will host one-on-one investor meetings at all three conferences. To schedule a one-on-one meeting with SeatGeek, please contact your representative at each respective firm. As previously annou

SeatGeek, the high-growth, mobile-centric technology platform that is transforming the live-event experience for fans, teams, and venues, today announced its Q3 2021 financial results, including record net revenue and gross profits for a single quarter. As previously announced, SeatGeek recently entered into a Business Combination Agreement with RedBall Acquisition Corp. ("RedBall"), a publicly traded special purpose acquisition company (NYSE:RBAC). Key Financial Results $ Million   Three months ended     September 30, 2021   June 30, 20211   September 30, 20202 Net revenue   $59.7   $40.9   $2.8 Gross profit   36.7   25.5   (4.2)

St. Louis CITY SC joins a growing list of MLS clubs that have chosen SeatGeek as their box office ticketing partner SeatGeek, the high-growth, mobile-centric technology platform that is transforming the live-event experience for fans, teams, and venues, today announced a partnership with St. Louis CITY SC to become the club's primary ticketing provider as the team prepares for its inaugural Major League Soccer (MLS) season in 2023. The announcement makes St. Louis CITY SC the seventh MLS team to partner with SeatGeek as the platform continues to grow its MLS presence. Over the past five years the majority of new MLS teams entering new venues have chosen SeatGeek, including Minnesota United

NEW YORK, Dec. 02, 2021 (GLOBE NEWSWIRE) -- SeatGeek, the high-growth live event technology platform, today announced that management will host investor meetings on Monday, December 6, 2021 at the Raymond James Virtual Technology Investors Conference. To schedule a one-on-one meeting with SeatGeek, please contact your representative at Raymond James. As previously announced on October 13, 2021, SeatGeek and RedBall Acquisition Corp. ("RedBall") (NYSE:RBAC), a publicly traded special purpose acquisition company sponsored by RedBall SponsorCo LP, an affiliate of RedBird Capital Partners, entered into a definitive business combination agreement. The boards of directors of both RedBall and