Post-BK Cumulus Seeks FCC OK For Foreign Ownership


To be clear, Cumulus Media is not being sold, nor is a major international player swooping in to snag all of its stock.

That said, the newly reconstituted post-bankruptcy Cumulus wants the FCC’s approval to allow non-U.S. persons or entities to hold up to 100% of its voting stock and capital stock
generally in the future.

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