Cumulus Media Chapter 11 plan wins court confirmation, awaits FCC approval
CMLS•Bankruptcy case remains pending in Texas court
The bankruptcy cases remain pending in the U.S. Bankruptcy Court for the Southern District of Texas under Case No. 26-90346.
Court-confirmed Chapter 11 plan still needs FCC clearance
Cumulus Media’s court-confirmed Chapter 11 plan awaits FCC clearance before taking effect, delaying the company’s exit timeline.
Management expects the plan to become effective once FCC consent and other required regulatory sign-offs are satisfied or waived.
