Cumulus Media enters prepackaged Chapter 11 to cut debt burden

Cumulus Media Inc.

Cumulus Media Inc.

CMLSQ

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  • Cumulus Media initiated a prepackaged Chapter 11 reorganization on March 5, 2026.
  • Filing covers Cumulus Media plus certain subsidiaries.
  • Proceedings are pending in U.S. Bankruptcy Court for Southern District of Texas under Case No. 26-90346.
  • CEO Mary G. Berner framed restructuring as a move to meaningfully reduce debt burden.


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