Cumulus Media Company Description
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 more than 55 mid-sized 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, controls about 40% of Cumulus Media.
View the Comprehensive Company Description for Cumulus Media
The Company Description provides a historical perspective of Cumulus Media's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Cumulus Media's evolution in the marketplace.
