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CUMULUS NEWS RELEASE
MAR 22, 1999
FCC APPROVES PLAYLIST INFORMATION
AGREEMENT, Trade Press Reports of Investigation False
MILWAUKEE, March 22, 1999 -- Cumulus Media today said today that the
Federal Communications Commission has approved the agreement of its subsidiary,
Cumulus Broadcasting, Inc., to provide playlist information to the record
industry. The Company also said that recent reports of an FCC investigation
into the agreement were false. "The Federal Communications Commission
is not now and never has conducted an investigation into the agreement
between Cumulus Broadcasting, Inc. and Jeff McClusky & Associates,
Inc.," stated Richard Weening, Executive Chairman of parent company Cumulus
Media Inc. "In fact it is quite the opposite," Weening continued.
"Because of the relatively new rules governing the relationship between
record and radio companies, we asked the Commission to review the McCluskey
agreement for compliance. They asked for a small language clarification,
which in no way changed our operating practices under the agreement.
We made the language change. Chuck Kelly, Chief of the Enforcement
Division, then advised us that the agreement was in compliance."
John Dickey, VP of Programming for Cumulus Broadcasting, hailed the
new agreement as a major innovation. "The agreement not only ensures
compliance with the play for pay rules by centralizing the process by which
playlist information is exchanged across our 220 radio stations, it also
provides Cumulus with an important new revenue stream."
Cumulus Media Inc. is a radio broadcasting company focused on the acquisition,
operation, and development of radio stations in mid-sized and smaller U.S.
cities.
Contact: Suzanne Duecker, 414-615-2800
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