Cumulus Media Inc. · Atlanta, GA United States ·(NASDAQ (GS): CMLS)

Cumulus Media reigns over an empire of radio stations. The company is the #2 radio station ownership group in the US (behind Clear Channel), with more than 300 owned or operated stations in almost 60 midsized markets throughout the country. In each of its markets, Cumulus has built clusters of stations that realize cost savings through shared administrative and sales operations. In addition to its core mid-market stations, Cumulus, through a partnership with a group of private equity firms, owns about 30 stations in such large markets as Atlanta, Dallas, and San Francisco. Chairman and CEO Lewis Dickey, along with his family, has more than 45% control of Cumulus Media. To read the full description, subscribe now.