Back to today’s briefing

Story perspectives

Cumulus Media Files Bankruptcy to Erase $600 Million Debt

3/10/2026

50 5 Full Breakdown

Summary

Story summary

Cumulus Media, owner of The Ticket and WBAP in North Texas, filed for bankruptcy on March 5, 2026 to eliminate $600 million in debt amid ongoing macroeconomic pressures.
The company said the bankruptcy will not affect operations, employees, partners, or listeners.
Cumulus Media began bankruptcy proceedings in the Southern District of Texas.
CEO Mary G. Berner said the decision was driven by macroeconomic pressures.

1 of 1

Story summary

Cumulus Media, owner of The Ticket and WBAP in North Texas, filed for bankruptcy on March 5, 2026 to eliminate $600 million in debt amid ongoing macroeconomic pressures.
The company said the bankruptcy will not affect operations, employees, partners, or listeners.
Cumulus Media began bankruptcy proceedings in the Southern District of Texas.
CEO Mary G. Berner said the decision was driven by macroeconomic pressures.