Net News search results for: john f abbot
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January 9, 2020
John Abbot Out As EVP/CFO At Cumulus
CUMULUS MEDIA EVP/CFO JOHN ABBOT will leave the company at the beginning of MARCH after it reports its full-year 2019 financial results. The company is conducting a search for his successor. Commented CUMULUS MEDIA President/CEO MARY G. BERNER, “On … more »
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September 16, 2019
John Toohey Named VP/Finance At Cumulus Media
CHARTER COMMUNICATIONS Group VP/Media Sales Finance, SPECTRUM Reach JOHN TOOHEY has joined CUMULUS MEDIA as VP/Finance. TOOHEY, who spent 12 years at CHARTER and predecessor TIME WARNER CABLE, will report to EVP/CFO JOHN ABBOT, and will be based in NEW … more »
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May 21, 2019
Hallmark Channel Radio Back For Limited Run On SiriusXM
HALLMARK CHANNEL RADIO is returning for another limited run on SIRIUSXM RADIO and will be a recurring seasonal offering through 2020 under an expanded relationship. The channel will air for the JUNE wedding season MAY 31st through JULY 1st on the … more »
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January 30, 2019
The 'Coldest Air In A Generation' Slams The Upper Midwest
If you're in the path of this "polar vortex," we don't have to remind you how cold it is. But for many Americans, the weather hitting the UPPER MIDWEST of the country is hard to imagine. CNN reports, "Officials warned of almost … more »
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May 7, 2018
Cumulus Unsecured Creditors File Proposed Findings Of Fact, Contend Company Is Undervaluing Itself
The Official Committee of Unsecured Creditors in the CUMULUS MEDIA Chapter 11 bankruptcy has weighed in on the company's plan so far in a filing of proposed findings of fact submitted to U.S. Bankruptcy Court on FRIDAY (5/4). The filing, using … more »
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May 1, 2018
Cumulus Discloses March Revenues, Exec Salaries
CUMULUS MARCH revenues of $108.5 million resulted in net income of $12.4 million for the month, according to the monthly Chapter 11 operating report filed by PAUL BASTA with the U.S. Bankruptcy Court and prepared by EVP/Treasurer/CFO JOHN F ABBOT. The … more »
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May 25, 2017
Cumulus Media Executives Move To Quarterly Bonus Plan
While annual bonuses are the norm in the radio biz, CUMULUS MEDIA made public in an 8-K filing with the SEC that they would be moving to a quarterly incentive plan for key execs. CUMULUS wrote, "On MAY 18, 2017, the Board of Directors of CUMULUS … more »
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May 15, 2017
Cumulus Revenues Slip, Net Loss Narrows For First Quarter 2017
CUMULUS MEDIA net revenue fell 1.7% year-to-year to $264 million for first quarter 2017 and Adjusted EBITDA fell 7.6% to $38.7 million, but the company's net loss narrowed 48.7% to $7.395 million. Radio Station Group revenue dropped 1.6% to $173.6 … more »
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April 26, 2017
ESPN Confirms Widespread Talent Layoffs
The talk about ESPN making significant layoffs of its on-air talent has been confirmed by a message sent by the network's President JOHN SKIPPER to employees. In the memo, SKIPPER, citing a "strategic vision that will propel our vast array … more »
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February 3, 2017
Barrett Sports Media's Top 20 Local Sports PDs List Led By Boston's Mike Thomas, Cleveland's Andy Roth
Stage four of five in BARRETT SPORTS MEDIA's poll to determine the best in sports radio for 2016 is the "Top 20 Local Sports Radio Program Directors of 2016," and the winners both hail from CBS RADIO: The major market winner was CBS RADIO … more »