Throughout American business history, some companies grow so large and influential that they seem permanent. These brands dominate their industries, ...

RadioShack Portable Retro AM/FM/SW 3-Band Radio: This week I have a blast from the past from RadioShack, a brand that needs no introduction. RadioShack stores once graced most every shopping mall in ...

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Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy. Richard Baker at the Saks Fifth Avenue flagship store ...

NEW YORK, March 5 (Reuters) - Cumulus Media, an audio entertainment company which owns 394 radio stations, a radio syndication business and a podcast network, has filed for bankruptcy protection in ...

Cumulus Media, pictured in the Victory Park commercial development outside the American Airlines Center in Dallas, filed for bankruptcy for the second time in less than 10 years. Tom Fox / Staff ...

WASHINGTON, D.C. — Thursday morning began with a somewhat unexpected announcement from the audio content creation and distribution company led by President/CEO Mary Berner: Chapter 11 bankruptcy ...

Local radio has struggled mightily in recent years as fans have moved to podcasts and streaming services. Radio also took a major hit during the Covid pandemic, according to Michael Bergner from the ...

On Thursday morning, Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt between its ...

Cumulus filed Chapter 11 in Texas to eliminate about $600 million in debt and go private. Company expects a bankruptcy hearing within 60 days; emergence needs FCC approval. Impact on local stations is ...

Syracuse, N.Y. – Cumulus Media, owner of nearly 400 radio stations including Syracuse’s 95X, 93Q and the Score 1260, has filed for reorganization in bankruptcy court for the second time in nine years, ...

NEW YORK - Cumulus Media, an audio entertainment company that owns 394 radio stations, a radio syndication business and a podcast network, filed for bankruptcy protection late Wednesday in Texas with ...