{"schema_version":"secwatch.filing_event.v1","accession":"0001058623-25-000051","form_type":"8-K","ticker":"CMLS","cik":"0001058623","company_name":"CUMULUS MEDIA INC","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.222549+00:00","generated_at":"2026-05-17T17:01:06.909896+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"confidence":"high","headline":"Cumulus Media Q2 net revenue $186M, down 9.2% YoY; net loss narrows to $12.8M from $27.7M","bullets":["Digital marketing services revenue grew 38% YoY, now ~50% of total digital revenue of $38.8M.","Broadcast spot revenue fell 10.5% to $91.2M; network revenue down 20.5% to $27.3M.","Adjusted EBITDA of $22.4M vs $25.2M in Q2 2024; executed $5M in annualized cost cuts.","Ended Q2 with $96.7M cash, $55M drawn on revolver; total debt $723.7M.","Basic loss per share $(0.74) compared to $(1.64) in prior-year quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001058623-25-000051","json":"https://secwatch.observer/filing/0001058623-25-000051.json","markdown":"https://secwatch.observer/filing/0001058623-25-000051.md","text":"https://secwatch.observer/filing/0001058623-25-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000051/0001058623-25-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000051/cmls-20250807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T17:01:06.909896+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}