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Digital growth in the middle of the market challenges

Digital growth in the middle of the market challenges

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Appearance date: May 1, 2025

You can find the complete copy of the earnings call in the complete earnings call.

  • Cumulus Media Inc.

  • The company achieved additional Annualized Netto -Fix costs -reductions in $ 7.5 million, which contributed to improved cost efficiency.

  • Cumulus Media Inc.

  • The company's podcasting segment, except for the effects of the Daily Wire, grew by almost 40%and showed resilience and adaptability in the content.

  • Cumulus Media Inc.

  • The total turnover for Cumulus Media Inc (CMLS) decreased by 6.4%, which contradicts the challenges of overall market demand.

  • The company experiences backing in important advertising categories such as automotive, retail and consumer packaging goods (CPG), which have a negative impact on sales.

  • The pace for future quarters is around 10%, which indicates continuing economic uncertainty and potential sales challenges.

  • The loss of the daily wire relationship had a negative impact on the growth of digital sales, whereby the dependence on important partnerships was emphasized.

  • Cumulus Media Inc.

Q: Were there programs or content that you had last year that you didn't have in the first quarter this year, and what were some of the important drivers of the network for this quarter? A: Our programming did not change significantly in the first quarter. The decline was due to the general weakness of market demand, which affected both the national spot and the network. While our sports characteristics cut off well, the general market demand was weak, and we expect the network to cut off more poorly in the second quarter due to difficult comparisons and the continuing weak demand. – Frank Lopez Balboa, CFO

Q: Can you give a feeling for how the income was achieved every month on the spot and network page? A: We still had our profit call at one month in a quarter, and at that time we have one shop. However, we have lost a certain pace and end up a little more than 6%. Advertisers later give up orders in the quarter and we will see how this trend will continue in the second quarter. – Frank Lopez Balboa, CFO

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