New deal with Dickey family


With members of the Dickey family, primarily Lew Dickey Sr., buying up hundreds of thousands of shares of Cumulus Media, the family has agreed to a new voting agreement to protect the interests of non-Dickey shareholders. In a move unanimously endorsed by the independent members of the board of directors, the Dickey family entities have agreed that on all matters submitted to the stockholders for a vote, the shares acquired by the Dickey family since June 2, 2008 will be voted in proportion to the votes of the non-Dickey shareholders.