Cumulus Media Inc. Continued Growth in First Quarter; Same-Station Revenue up 23%; Broadcast Cash Flow up 172%; Cash Flow Margins Increase 125%.

Business WireMay 11, 1999

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Cumulus Media Inc. Continued Growth in First Quarter; Same-Station Revenue up 23%; Broadcast Cash Flow up 172%; Cash Flow Margins Increase 125%.

MILWAUKEE--(BUSINESS WIRE)--May 11, 1999--

Cumulus Media Inc. (NASDAQ: CMLS), the nation's third largest owner-and-operator of radio stations (based upon the number of stations owned or to be acquired pursuant to pending acquisition agreements), today reported first quarter 1999 results marked by significant increases in revenue, bro...

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