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Audacy/Cumulus Truth & Rumors

Summary by RadioInsight
RadioInsight Exlusive: A lot of speculation has been raised across the industry again in recent weeks about a marriage of Audacy and Cumulus Media. The rumors began picking up steam following the resignation of Audacy CEO David Field and CFO Rich Schmaeling with no replacement named for Schmaeling. Then Cumulus allowed its poison pill maneuver against Singapore based Renew Group Private Ltd. to expire last week. As we reported last April, Renew …
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Audacy/Cumulus Truth & Rumors

RadioInsight Exlusive: A lot of speculation has been raised across the industry again in recent weeks about a marriage of Audacy and Cumulus Media. The rumors began picking up steam following the resignation of Audacy CEO David Field and CFO Rich Schmaeling with no replacement named for Schmaeling. Then Cumulus allowed its poison pill maneuver against Singapore based Renew Group Private Ltd. to expire last week. As we reported last April, Renew …

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RadioInsight broke the news in on Tuesday, March 4, 2025.
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