NEW YORK — It wasn’t posted to the company’s SEC filings as of 4:20pm. It also wasn’t on their corporate website. The only place Cumulus Media, the nation’s No. 3 owner and operator of radio properties by station count, decided to share its third-quarter results was by way of a GlobeNewswire press release.
So, how did Cumulus do on a day it declared it is now offering a “lead guarantee”?