FCC Approves Cumulus Bankruptcy Exit; Berner Promises No Cuts to News Staffs for Two Years
Cumulus has not released an official announcement yet but several outlets – including Editor and Publisher – are reporting that the Commission signed off on the license transfers from the old Cumulus to the new Cumulus yesterday (8/19). Interestingly, Cumulus CEO Mary G. Berner sent a memo to FCC Chairman Brendan Carr on August 14 in which she reaffirmed “Cumulus 
Media’s longstanding commitment to operating its broadcast radio stations in a manner that serves the public interest, advances localism, supports public safety and responds to the needs and interests of the communities it is privileged to serve.” Additionally, Berner addressed the company’s newsrooms and wrote: “Preserving our coverage of newsworthy events, and their impact on our local communities, is exceedingly important to Cumulus Media. The stronger financial foundation that our financial reorganization will afford us is intended to preserve and strengthen, not diminish, our ability to serve local audiences. Consistent with that objective, we commit to maintaining our existing newsroom staffing levels for a minimum of two years following approval of the requested applications.”
Reach is the primary media driver of growth. Always aim to get more customers from all segments of the market. It’s the main way brands grow; 2) AM/FM radio is America’s number one mass reach media among persons 25-54 and, surprisingly, among 18-34s; 3) AM/FM radio generates significant incremental reach to social media platforms and YouTube; 4) Digital audio only reaches a third of Americans daily. Adding AM/FM radio causes reach to soar to 72% of the U.S.; and 5) AM/FM radio makes your TV better. The younger the demo, the greater the incremental reach. The addition of AM/FM radio lifts TV reach by +32% among 25-54s and +65% among 18-34s. 
Bongino returned to the Cumulus fold doing his podcast that’s sold by the Cumulus Podcast Network after leaving his assistant director position with the FBI. The new show will feature Shawn Farash hosting the first hour and Bongino hosting hours two and three. Bongino comments, “I’m excited to partner with Shawn to bring listeners a daily program focused on the stories that matter most. Our goal is simple: deliver honest analysis and keep our
audience informed and engaged. Radio remains one of the most powerful ways to connect directly with people, and I’m excited to be back on Westwood One!” Farash adds, “This is an incredible opportunity for me to connect with listeners across the country every day. Working alongside Dan and the team at Westwood One allows us to bring a fresh, energetic approach to afternoons while staying focused on the stories our audience cares about most.”
$12.8 million net loss it reported for the same period in 2025. Breaking down the company’s revenue by segment, broadcast spot revenue was $81.5 million, down 10.6% from a year ago; network revenue was $21.4 million, a decline of 21.5% compared to 2025; and digital revenue was $38.7 million, basically flat compared to Q2 of 2025. Cumulus Media CEO Mary G. Berner comments, “We are pleased to report our second quarter earnings. 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.”
slipped including KFRU, Columbia, Missouri talk hosts David Gaines and Simon Rose. Gaines posted to Facebook: “As of this week, I’m no longer with Columbia’s heritage radio station KFRU. Corporate downsizing, the elimination of Cumulus Media positions nationwide, hit our market this week. That’s the nature of this business. Despite this setback, I’m writing this with a sense of gratitude. These past 18 years have been such a wonderful stretch of my career. I’ve worked with so many talented and creative people. Been a part of countless wonderful events. Interviewed multiple local and state leaders, and interesting guests from all walks of life.” Rose’s wife Jenna posted to Facebook: “Simon Rose has come to the end of a legendary run in local radio. He weathered plenty of rounds of belt-tightening over the years, but this time was the one he didn’t survive. The hardest part for him isn’t the ending itself – it’s that he didn’t get the chance to say a proper goodbye to the listeners on either station. He wants them to know how much being part of their lives has meant to him. They have been with him since before we were married and took daily interest in him and our growing family. Thank you for that.”
reorganization and is waiting for the Federal Communications Commission to finish its regulatory approval process. The court is extending the company’s filing deadline for its Chapter 11 plan to October 30.
The key takeaways include: 1) AM/FM radio’s “big data” moment has arrived with massive sample sizes that grow each month: TV has long had cable set top data and smart TV data to generate large samples of tuning data. It’s now radio’s turn! Just like cable set top data, there are no demographics but all markets have large samples. Overall, sample sizes are 5-10X bigger than current ratings samples; 2) Overnight ratings in over 300 markets: In an industry first, every market now has audience shares from yesterday. See your station’s daily audience trends refreshed each day; 3) All listening occurs with humans present: 25% of TV viewing occurs to an empty room but AM/FM radio listening in traveling vehicles always has humans present!; 4) Large samples mean stable listening trends: In all sized markets and for all sized stations, daily share trends are stable and consistent; and 5) AM/FM radio now has modern, cutting edge, timely measurement, which does not rely on a consumer’s memory or require a consumer to do something (like wear a gizmo). 
Audacy’s sports talk WGR-AM, Buffalo serving as the flagship station. Now, the team announces that it has 23 stations signed up as affiliates, including Good Karma-operated WHSQ-AM, New York City (formerly WCBS-AM at 880 kHz) and WESP-FM, West Palm Beach “ESPN West Palm” – both stations operated by Good Karma. In the Buffalo market, games will be heard on Cumulus Media’s rock WGRF-FM.
for advertisers, “the platform supports more informed media planning through observed audience behavior, large next-day samples, and market-level consumption trends, enabling more precise audience- and market-level planning and better alignment between campaigns and listening trends.” Cumulus Media president of operations Bob Walker says, “We’re proud to be the first broadcaster to deploy AutoStage Broadcaster Portal Premium as part of our broader effort to bring new sources of audience insight to radio. The platform gives us access to a level of audience intelligence that hasn’t previously been available, creating new opportunities for content creators, sales teams, and advertisers alike. The AutoStage heat maps are a particularly compelling example, visually illustrating where listening is concentrated, on an aggregated basis, relative to advertiser locations. By giving advertisers a richer understanding of audience distribution and listening trends, the platform helps them plan more effective campaigns, optimize audience-level planning, and maximize the impact of their radio investments.”
Act. The ruling affirmed the district court’s findings regarding coercion, anticompetitive effects, irreparable harm, and the tailored injunction, and held that Cumulus’ current bankruptcy did not require a stay of the appeal. In 2024, Nielsen instituted a policy requiring national broadcasters to purchase its local data in every market where they operate in order to access the full national
report. This policy forced Cumulus’ Westwood One to choose between buying all local data from the firm or losing access to the essential national data product. Cumulus is suing Nielsen United States District Court for the Southern District of New York, alleging that the Nielsen’s policy constitutes an unlawful tying arrangement. The district court found that Nielsen used its monopoly power in the national data market to coerce customers into buying local data products, resulting in anticompetitive effects in local markets by excluding competitors.
agencies, reveals advertiser/agency podcasting discussion and spending intention has hit a 12-year high. Some of the key takeaways include: 1) Nine out of 10 marketers and media agencies say they have discussed podcast advertising for potential investment; 2) Podcast advertising consideration surges to a 12-year high: 75% of brands and agencies say they are likely to consider advertising in podcasts; 3) Podcast spending intention jumps to 74%, a 12-year record; 4) 76% of agencies and advertisers currently advertise in podcasts, a 5X increase since the first IAB podcast upfront in 2015; and 5) “Arnie Semsky’s 5% solution”: It is time for brands to get serious and allocate 5% of digital budgets to podcasting. 
addition to his current role overseeing the Huntsville and Chattanooga operations. Lewis comments, “I’m honored and excited to work with the Pensacola and Fort Walton Beach teams. Having spent a couple of years early in my career with Cumulus Pensacola, it’s especially meaningful to return. With outstanding teams, great brands, and a strong track record of success, I look forward to building on that momentum and helping both markets reach their full potential.”
program “Tyler & Cainer,” alongside Tyler Ivens (left) beginning Monday (7/13). Cain fills the spot vacated by Will West who is leaving the program for a digital sales manager position with the company. According to Knox News, Cain has been a regular contributor, producer and host on the station in addition to being host of the “Locked on Vols” podcast and a writer and podcast host for Volquest. 
continue to lead the Mobile market. Cumulus operations president Bob Walker comments, “We are excited to expand Don’s role in the region. He is an accomplished leader that helps markets focus on how to help clients grow their business with unique partnerships with our brands and our digital solutions. We are eager to see the impact he will have on the broader region.” Boyd’s new oversight will include sports talkers KKND-AM, New Orleans “The Ticket 106.7” and WXQW-AM, Mobile “Jox Mobile.”
AM/FM and sports talk KTIK-FM “953FM The Ticket,” plus three music brands. Fabian most recently served with Townsquare Media in Arizona. Fabian states, “I am honored to join the Boise team and look forward to becoming part of both the organization and this remarkable community. Throughout my career, I have always believed that great teams and strong relationships are the foundation of success. I am excited to work alongside this talented group, serve the Boise community, and help build on the strong tradition these stations have established.”
Springs market that includes news/talk KVOR to his duties and he’ll continue to lead the Oklahoma City operations. Cumulus president of operations Bob Walker states, “Jay is an accomplished leader and the perfect partner for the team in Colorado Springs. We are eager to see the impact he and the team will continue to have in that community for our listeners and clients.”
Mundo says, “Bringing KCMO Talk Radio to the Topeka market is a natural fit. From the Governor’s Office to the Statehouse, much of the news driving our daily programming originates in the state capital. Now, we’re excited to welcome Topeka listeners into the conversation, connecting directly with the community and delivering the regional and local news coverage it deserves.” Cumulus also operates news/talk KMAJ-AM “The Big Talker” in the Topeka market.
Cumulus Media VP of programming operations Doug Hamand says that he is retiring at the end of June. Hamand served for more than two decades with iHeartMedia and its predecessors before joining Cumulus Media in the corporate programming role. He posts to Facebook, “I’ve had a ball. It’s hard to believe that when I started 48 years ago, this day would ever come — but here we are. I’m excited to share that I will be retiring at the end of June.”
my family and friends who support me, love me, and make me laugh every day. What’s next? I’m not sure. I am anxious. I am sad. Mostly I am hopeful.”