Under Berner’s leadership, Cumulus Media has “advanced past competitors on balance sheet strength, cash-flow generation, liquidity, stock price performance and … is priming to emerge from the advertising downturn as the industry’s strongest performer,” according to the company. Cumulus Media reaches 250 million people monthly through its 403 owned radio broadcast stations and the Westwood One audio network, according to Cumulus, and grew its market share year over year by double digits in active music formats in the largest markets led by country, adult contemporary and classic hits. The Music Partnerships division also partnered with labels to premiere song and album releases with campaigns for acts including Taylor Swift, Luke Combs, Metallica, Foo Fighters and blink-182.
