This Slide: #95 of 100 |
Slide #95. Cumulus Media Inc. — Significant Stake in Rdio
Acquirer:
Cumulus Media Inc. (NASDAQ:CMLS)
Acquiree:
Significant Stake in Rdio
Details:
Cumulus Media Inc.(Nasdaq:CMLS) and Rdio announce a powerful content, promotion and advertising partnership that provides listeners with a one-stop solution for their audio needs while offering advertisers new opportunities to engage with consumers.
Cumulus Media is a holding company. Through its subsidiaries, Co. is an audio-first media company delivering content to listeners with local programming through an owned-and-operated radio stations; delivers nationally-syndicated sports, news, talk, and entertainment programming; and inspires listeners through the CUMULUS Podcast Network, its network of podcasts that are thought-provoking. Co. provides advertisers with personal connections, local impact and national reach, as well as integrated digital marketing services, influencers, full-service audio solutions, industry-leading research and insights, and live event experiences.
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Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: CMLS Stock Forecast Based on Zacks ABR data; powered by Xignite |