Reve-News: Cumulus Q2
Reve-News: Cumulus reported Q2 2026 net revenue of $167.9 million, down 9.7% year-over-year. Adjusted EBITDA was $16.0m, down from the prior year's $22.4m. The company reported a net loss of $9.2m, compared to a net loss of $12.8m in Q2 2025. Broadcast radio revenue was down 10.6% for spot and 21.5% for network, while digital was down 0.3%. "With our plan of reorganization confirmed by the court and the FCC approval process well underway, we are positioned to emerge from Chapter 11 with a stronger balance sheet to capitalize on future market opportunities," says CEO Mary Berner. Full release here.