FACT SHEET
EXCHANGE:
NASDAQ
SYMBOL:
CMLS
CORPORATE
BACKGROUND:
Cumulus
Media, Inc. is a radio broadcasting company focused on the operation and
development of radio stations in mid-size and smaller radio markets in the U.S.
The Company has assembled market-leading clusters with stations comprising the
first or second ranked radio group in terms of revenue and/or audience share in
virtually all of its U.S. markets. Cumulus was founded in 1997 by management and
an institutional investor group that included the State of Wisconsin Investment
Board, NationsBank Capital Corporation, Heller Equity Capital Corporation, and
joined later by Northwestern Mutual Life Insurance Company. The Company went
public on June 26, 1998.
RADIO
STATION PORTFOLIO:
The
Company's portfolio of stations and includes 225 radio stations (164 FM and 61
AM) clustered in 46 U.S. markets, plus the Caribbean. The Company has four
regions as its primary focus: the Midwest, Southeast, Southwest, and Northeast.
The Company is the 2nd largest radio broadcasting company based on the
number of stations and the 11th largest based on revenues in the U.S.
FINANCIAL SUMMARY:
|
Fiscal Year End: |
December 31 |
|
2000 Total Assets: |
$954.9 Million |
|
2000 Net Revenues: |
$225.9 Million |
|
2000 Broadcast Cash Flow: |
$34.6 Million |
|
2000 EBITDA: |
$16.3 Million |
OFFICERS AND DIRECTORS:
|
Lew Dickey, CEO, President and Chairman
of the Board |
|
Jon R. Pinch, Executive Vice President and Chief Operating Officer |
|
Martin R. Gausvik, Executive Vice
President, Treasurer & Chief Financial Officer |
|
John W. Dickey, Executive Vice President |
|
Robert H. Sheridan, Director |
|
Ralph B. Everett, Director |
|
Eric Robison, Director |
CONTACT INFORMATION:
Cumulus
Media Inc.
3535
Piedmont Road, Building 14, 14th Floor
Atlanta,
GA 30305
Phone:
(404) 949-0700
©1998 - 2001 Cumulus Media Inc. All rights reserved.