With an eye on shedding around $600 million in debt, Cumulus Media has once again filed for prepackaged Chapter 11 bankruptcy. The Atlanta-headquartered radio group formally disclosed its latest ...

(2) In conjunction with the Chapter 11 Bankruptcy filing, the Company wrote off the remaining balance of unamortized debt issuance costs of $1.9 million to Reorganization items, net within the ...

The president of Alden Global Capital is poised to become one of the largest owners of Cumulus Media when the radio broadcaster emerges from its restructuring under federal bankruptcy rules, according ...

The FCC has granted Cumulus Media‘s petition for reorganization under a voluntary Chapter 11 filing that received a federal bankruptcy judge’s approval in mid-April. To get the Carr Commission’s ...

In journalists’ circles, there’s perhaps no other organization that generates as much disgust as Alden Global Capital. In city after city where it has owned once-major daily newspapers since acquiring ...