Cumulus Media: brands it owns and its ownership tree
Cumulus Media (OTC: CMLSQ) is a publicly listed company headquartered in Atlanta, United States that owns 2 consumer brands.[1][2]
Cumulus Media is an Atlanta radio company that owned 384 stations in 84 American markets at 30 June 2026, along with the Westwood One network and the Cumulus Podcast Network. Its shares were suspended from Nasdaq on 2 May 2025 and moved to the over-the-counter market. On 4 March 2026 the company and most of its subsidiaries filed for Chapter 11 protection with a prepackaged plan that hands almost all of the new shares to its lenders and noteholders and cuts its debt by about $592 million. The court confirmed the plan on 15 April 2026; in August 2026 it was still waiting on approval from the Federal Communications Commission to take effect. It is the company's second bankruptcy: its predecessor emerged from one in June 2018.
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brands owned
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divestitures recorded
Company facts
- Legal name
- Cumulus Media Inc. (also Cumulus)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 Atlanta, United States
- Tickers
- OTC: CMLSQ
- Revenue
- $741.7 million (2025)[2]
- SEC CIK
- 0001058623
- Website
- www.cumulusmedia.com
- Last verified
- · 2 sources
Cumulus Media in numbers
- Cumulus Media owns 2 consumer brands tracked here across 1 top-level categories; the largest is media & entertainment with 2 brands.[1]
Cumulus Media financial history
Headline figures from Cumulus Media's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $816.2m to $741.7m, an average of -1.9% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $741.7m | $-138,137,000 | -18.6% | $-200,702,000 | $941m | $694.8m | 10-K | |
| $827.1m | $-239,664,000 | -29.0% | $-283,254,000 | $1.12bn | $669m | 10-K | |
| $844.5m | $-41,278,000 | -4.9% | $-117,879,000 | $1.44bn | $672.4m | 10-K | |
| $953.5m | $79.8m | 8.4% | $16.2m | $1.61bn | $714.5m | 10-K | |
| $916.5m | $69.1m | 7.5% | $17.3m | $1.72bn | $798.9m | 10-K | |
| $816.2m | $-10,602,000 | -1.3% | $-59,719,000 | $1.86bn | $967.7m | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything Cumulus Media owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
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Brand portfolio by category
Recent changes to this record
Cumulus Media SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report (amended), filed (10-K/A)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Bankruptcy or receivership; Departure or appointment of directors or officers; Regulation FD disclosure; Other events | |
| 8-K | Results of operations and financial condition | |
| 8-K | Entry into a material agreement; Bankruptcy or receivership; Triggering events that accelerate an obligation; Departure or appointment of directors or officers; Regulation FD disclosure; Other events | |
| 8-K | Departure or appointment of directors or officers; Regulation FD disclosure | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition |
Frequently asked questions
What brands does Cumulus Media own?
Cumulus Media owns 2 consumer brands tracked here, including Westwood One and Cumulus Podcast Network.
Is Cumulus Media an American company?
Yes. Cumulus Media is headquartered in Atlanta, United States.
Who owns Cumulus Media?
Cumulus Media is a publicly listed company owned by its shareholders; it trades as CMLSQ on the OTC.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Cumulus Media Inc. Annual Report on Form 10-K filed 2026-04-10 — SEC EDGAR, SEC Form 10-K, published 10 April 2026; retrieved 2 October 2026.
- [2] Cumulus Media Inc.: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 10 April 2026; retrieved 4 October 2026.
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