Cumulus Media Inc. (NASDAQ:CMLS)

Cumulus Media Inc., a radio broadcasting company, engages in the acquisition, operation, and development of commercial radio stations in the United States. It owns and operates FM and AM radio station clusters that serve mid-sized markets. The company, through its investment in Cumulus Media Partners, LLC, also operates radio station clusters serving large-sized markets. As of December 31, 2010, it owned and operated 312 radio stations in 60 mid-sized United States’ media markets; and operated the 34 radio stations in 9 markets, including San Francisco, Dallas, Houston, and Atlanta that were owned by Cumulus Media Partners, LLC. In addition, through local marketing agreements, the company provides sales and marketing services for 12 radio stations in the United States. Cumulus Media Inc. was founded in 1997 and is based in Atlanta, Georgia.