LOS ANGELES — As RBR+TVBR reported Tuesday, one of the biggest discussion topics at the just-concluded 2018 Culture Marketing Council (CMC) annual conference is the possible acquisition of nearly all of Univision‘s AM and FM radio stations by Cumulus Media.
The chatter came just hours after Cumulus successfully emerged from Chapter 11 bankruptcy protection, reducing its outstanding debt balance to $1.3 billion from $2.34 billion.
Is there an ounce of truth to the rumors? RBR+TVBR talked to several brokers and D.C. communications attorneys, and then received a phone call from someone very, very close to the matter. All weighed in on the subject.