Cumulus cloud

New study highlights superior efficacy of at-home dry EEG assessment compared to lab-based monitoring

Retrieved on: 
Wednesday, August 10, 2022

Cumulus' integrated digital and physiological biomarker platform provides wireless "dry" EEG recording systems and easy-to-use engaging tasks that can be operated repeatedly by users at home.

Key Points: 
  • Cumulus' integrated digital and physiological biomarker platform provides wireless "dry" EEG recording systems and easy-to-use engaging tasks that can be operated repeatedly by users at home.
  • This provides a dramatically lower trial burden for patients and greater opportunity for the collection of real-world, longitudinal data compared to traditional lab-based, "wet" EEG.
  • Usability of the EEG system was evaluated via participant adherence and qualitative feedback using the System Usability Scale.
  • The study found that home-based gamified dry EEG in aggregate has superior precision to single in-lab based sessions, and that only 2 to 4 dry EEG sessions are required to match the quality of wet EEG recordings.

Cloud-based Solution Provider 2600Hz Chooses Pica8 For Their Data Centers

Retrieved on: 
Thursday, July 14, 2022

PALO ALTO, Calif., July 14, 2022 /PRNewswire/ -- 2600Hz is a telecom services provider delivering cloud communications solutions to MSPs, ISPs, and telecom resellers. 2600Hz's platform KAZOO modernizes how businesses provide communications services to their customers. Whether it be voice, mobile, video, fax or SMS, 2600Hz simplifies and opens the cryptic black box of telecom.

Key Points: 
  • Whether it be voice, mobile, video, fax or SMS, 2600Hz simplifies and opens the cryptic black box of telecom.
  • 2600Hz had standardized on Edgecore equipment with Cumulus Linux before NVIDIA acquired Cumulus and stopped supporting Broadcom.
  • Upgrading to a Pica8 solution allowed 2600Hz to retain their hardware system of choice, and enabled a logical path to upgrade for future expansion.
  • Pica8 spine/leaf software switches are deployed using Edgecore Open Network Platform in three Data Centers: New Jersey, Chicago and Sunnyvale
    2600Hz uses PicOS in both Top-of-Rack (TOR) and aggregation switches.

Cumulus Media Announces Final Results of Tender Offer

Retrieved on: 
Thursday, June 9, 2022

ATLANTA, June 09, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company or "Cumulus") today announced the final results of its "modified Dutch auction" tender offer, which expired at midnight, New York City time, on June 3, 2022.

Key Points: 
  • ATLANTA, June 09, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company or "Cumulus") today announced the final results of its "modified Dutch auction" tender offer, which expired at midnight, New York City time, on June 3, 2022.
  • The tender offer was an initial step in the execution of the Companys previously announced $50 million share repurchase program.
  • Cumulus Media (NASDAQ: CMLS) is an audio-first media company delivering premium content to over a quarter billion people every month wherever and whenever they want it.
  • Cumulus Media is the only audio media company to provide marketers with local and national advertising performance guarantees.

Cumulus Media Names Lisa Waks Senior Vice President, Digital Partnerships and Business Development

Retrieved on: 
Wednesday, June 8, 2022

NEW YORK, June 08, 2022 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced that Lisa Waks has joined the company as Senior Vice President, Digital Partnerships and Business Development, leading Cumulus Podcast Networks content acquisition strategy and content pipeline development, with a focus on personality-driven brand franchises in the News; Business, Money & Tech; Sports; and Entertainment verticals.

Key Points: 
  • NEW YORK, June 08, 2022 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced that Lisa Waks has joined the company as Senior Vice President, Digital Partnerships and Business Development, leading Cumulus Podcast Networks content acquisition strategy and content pipeline development, with a focus on personality-driven brand franchises in the News; Business, Money & Tech; Sports; and Entertainment verticals.
  • Waks reports to Suzanne Grimes, President, Westwood One and EVP, Corporate Marketing, Cumulus Media, who oversees the Cumulus Podcast Network.
  • Waks brings more than two decades of expertise in building revenue streams through strategic partnerships and new product development.
  • Before joining Cumulus Media, Waks was Head of Global Media Partnerships, Strategy, and Operations for TED Conferences, where she expanded their digital business, streamlined operations, and launched the TED Audio Collective.

Cumulus Media Set to Join Russell 3000® Index

Retrieved on: 
Monday, June 6, 2022

ATLANTA, June 06, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company or "Cumulus") today announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens on June 27, 2022 according to a preliminary list of additions posted on June 3, 2022.

Key Points: 
  • ATLANTA, June 06, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company or "Cumulus") today announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens on June 27, 2022 according to a preliminary list of additions posted on June 3, 2022.
  • Membership in the U.S. all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • For more information on the Russell 3000 Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website.

Cumulus Media Announces Preliminary Results of Tender Offer

Retrieved on: 
Monday, June 6, 2022

ATLANTA, June 06, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company or "Cumulus") today announced the preliminary results of its "modified Dutch auction" tender offer, which expired at midnight, New York City time, on June 3, 2022.

Key Points: 
  • ATLANTA, June 06, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company or "Cumulus") today announced the preliminary results of its "modified Dutch auction" tender offer, which expired at midnight, New York City time, on June 3, 2022.
  • The number of shares expected to be purchased in the tender offer is preliminary and subject to change.
  • Shareholders who have questions or would like additional information about the tender offer may contact the information agent for the tender offer at (866) 416-0576 (toll free).
  • Cumulus Media is the only audio media company to provide marketers with local and national advertising performance guarantees.

TALEN ENERGY CORPORATION ("TEC") ANNOUNCES TRANSFORMATIVE RECAPITALIZATION OF TALEN ENERGY SUPPLY ("TES") TO STRENGTHEN BALANCE SHEET, FUND ESG AND DATA CENTER GROWTH INITIATIVES, AND MAXIMIZE VALUE TO STAKEHOLDERS

Retrieved on: 
Tuesday, May 10, 2022

The transaction will include a new equity investment of up to $1.65 billion, which will accelerate TES' clean power transformation, advance carbon-free data center growth initiatives, and maximize value to stakeholders.

Key Points: 
  • The transaction will include a new equity investment of up to $1.65 billion, which will accelerate TES' clean power transformation, advance carbon-free data center growth initiatives, and maximize value to stakeholders.
  • TES has executed a restructuring support agreement ("RSA") with an ad hoc group of TES' unsecured noteholders (the "Consenting Noteholders").
  • Talen Energy Corporation, through its subsidiary, TES, is one of the largest competitive power generation and infrastructure companies inNorth America.
  • Through its non-filing subsidiary, Cumulus Growth, Talen Energy Corporation is developing a large-scale portfolio of renewable energy, battery storage, and digital infrastructure assets across its expansive footprint.

Cumulus Media Announces Modified Dutch Auction Tender Offer to Purchase up to $25 Million of its Outstanding Class A Common Stock

Retrieved on: 
Thursday, May 5, 2022

Cumulus will conduct the Offer by means of a procedure commonly called a modified Dutch auction.

Key Points: 
  • Cumulus will conduct the Offer by means of a procedure commonly called a modified Dutch auction.
  • Cumulus can also terminate the Offer under certain circumstances as set forth in the offer to purchase.
  • In accordance with the rules of the SEC, Cumulus may purchase in the Offer up to an additional 2% of its outstanding shares of Class A common stock without amending or extending the Offer.
  • In accordance with the rules of the SEC, Cumulus may purchase in the Offer up to an additional 2% of its outstanding shares of Class A common stock without amending or extending the Offer.

Cumulus Media Sends Letter to Shareholders Regarding Strong Financial Results and Outlook, New Capital Return Program and Response to Unsolicited Indication of Interest

Retrieved on: 
Wednesday, May 4, 2022

(1) We are also outlining our views regarding an unsolicited, non-binding, highly conditional indication of interest that we recently received.

Key Points: 
  • (1) We are also outlining our views regarding an unsolicited, non-binding, highly conditional indication of interest that we recently received.
  • Building on strong 2021 results, digital now represents 14% of our total revenue, up from 7% in 2019.
  • We look forward to updating you on our progress as we continue to deliver value for Cumulus shareholders.
  • Cumulus Media is the only audio media company to provide marketers with local and national advertising performance guarantees.

CUMULUS MEDIA Elevates Brian Philips to Chief Content Officer

Retrieved on: 
Monday, May 2, 2022

ATLANTA, May 02, 2022 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) announced today that Brian Philips has been promoted to Chief Content Officer, responsible for content across all Cumulus platforms, reporting to Mary G. Berner, President and Chief Executive Officer.

Key Points: 
  • ATLANTA, May 02, 2022 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) announced today that Brian Philips has been promoted to Chief Content Officer, responsible for content across all Cumulus platforms, reporting to Mary G. Berner, President and Chief Executive Officer.
  • Prior to joining Cumulus Media, Philips spent more than 30 years in television, film, and radio creation.
  • Cumulus Media (NASDAQ: CMLS)is an audio-first media company delivering premium content to over a quarter billion people every month wherever and whenever they want it.
  • Cumulus Media is the only audio media company to provide marketers with local and national advertising performance guarantees.