FINANCIAL – Page 68 – RAMP – Radio and Music Pros

Cumulus Pays Down $50 Million In Debt

• Cumulus Media Inc. today announced that it has made a $50 million voluntary debt prepayment, continuing its commitment to

• Two major L.A. deals done in one day for Meruelo Media, which announced the closing of its purchase of

• Haim Saban, Chairman of Saban Capital Group, announced he will invest $500 million into the music industry and partner

• Connoisseur Media has completed a management buyout in which members of management will now own substantially all of the

• Miller Kaplan, a top 100 CPA firm, has named Steve Scadden as its new Director of Media Services. Scadden is

• Univision Communications Inc. confirmed that its Board of Directors is actively reviewing strategic options for the company. As Variety‘s

• Hawai’i-owned multimedia company Pacific Media Group (PMG) has reached an agreement to acquire ‘Ohana Broadcast Company’s four Honolulu radio

• In yet another blockbuster July 4th week media transaction, as Oklahoma-based Stephens Media Group announced it is acquiring Mapleton

• UPDATED: Ithaca Holdings, LLC, a media holding company led by SB Projects founder Scooter Braun, and Big Machine Label

• iHeartMedia, Inc. announced that its Class A common stock has been approved for listing on the NASDAQ Global Select