CUMULUS MEDIA INC
Close on Mar 5, 2026
- Market cap
- $120.14K
- P/E (TTM)
- –
- Dividend yield
- –
About Cumulus Media
Radio Broadcasting Stations, SIC 4832
Cumulus Media Inc. is an audio-first media company that delivers broadcast and on-demand audio content, including sports, news, talk, and entertainment programming, as well as original podcasts through its dedicated podcast network. The company provides advertisers with personal connections, national reach, and local impact through terrestrial broadcast, digital, mobile, social, and voice-activated channels. In addition, it offers integrated digital marketing services, influencer partnerships, comprehensive audio solutions, research and insights, and live event experiences to its advertising clients.
The company engages listeners nationwide across eighty-four markets through nearly four hundred owned-and-operated radio stations, while also distributing nationally syndicated programming to more than 7,800 affiliated stations via its Westwood One audio network. Cumulus Media is organized under Delaware law and maintains its principal executive offices in Atlanta, Georgia.
Summary of the business section of Cumulus Media's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CUMULUS MEDIA INC
- Founded
- 2002
- Headquarters
- Atlanta, GA
- Address
- 780 Johnson Ferry Road, Suite 500 30342
- Phone
- (404) 949-0700
- Website
- cumulusmedia.com
- Employees
- 2,862, Dec 31, 2025
- Industry
- Radio Broadcasting Stations
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Atlanta, Georgia
Stock & identifiers
- Ticker
- CMLS
- Other tickers
- CMLSQ
- IPO date
- Jun 29, 1998
- Shares outstanding
- 18M, Aug 7, 2026
- Public float
- $1.60M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-8 reverse, Oct 12, 2016
- SEC CIK
- 1058623
- CUSIP
- 231082801
- ISIN
- US2310828015
- EIN
- 36-4159663
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mary G. Berner | President & CEO, Director | 1,045,453 |
| David Edward Milner | President - Operations | 198,952 |
| Richard Denning | See Remarks | 184,315 |
| Francisco J. Lopez-Balboa | See Remarks | 492,956 |
| Collin R. Jones | See Remarks | 166,033 |
| Robert J. Walker | President - Operations | 196,673 |
| Steven M. Galbraith | Director | 575,200 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 Mary G. Berner | $4.66M | $1.05M | $1.95M | $8 | – |
| FY2023 Mary G. Berner | $4.52M | $4.34M | $1.77M | $61 | – |
| FY2022 Mary G. Berner | $5.48M | $3.30M | $2.17M | $71 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, our workforce comprised 2,862 people, 2,078 of whom were employed full-time.”
Corporate history
Events identified from SEC filings