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Cumulus Media Inc. - Sales Analysis Snapshot
Business Description This Report provides a comprehensive Sales & Margin summary analysis for Cumulus Media Inc. Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.
Cumulus Media Inc.. The Group's principal activities are acquiring, operating and developing radio stations in mid-size radio markets in the United States and Eastern Caribbean. It also provides sales and marketing services under local marketing, management and consulting agreements. Revenue is derived primarily from the sale of commercial airtime to local and national advertisers. As of December 31, 2008, it owned and operated 315 radio stations in 59 mid-sized United States media markets and operated 32 radio stations in nine markets, including San Francisco, Dallas, Houston and Atlanta. Under a Local Marketing Agreement (LMA), it provides sales and marketing services for one radio station in the U.S. in exchange for a management or consulting fee.
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