ATLANTA and NEW YORK, November 3, 2014— Cumulus announces that it has signed a multi-year contract renewal with Westwood One Chief Operating Officer, Charles Steinhauer. Under the new agreement, Steinhauer will continue to oversee the management of Westwood One’s day-to-day operations, including programming, technology, distribution, sports, marketing, affiliate services, research, compliance and strategy, and will report directly to Lew Dickey, Chief Executive Officer for Cumulus.
Steinhauer was previously President of Operations for Dial Global, before his promotion last June to Chief Operating Officer for the company. Prior to that, he served as Senior Vice President, Research and Operations for Dial Global. Cumulus acquired Dial Global, Inc. in December of last year, creating Westwood One, a leading network of high quality audio content serving approximately 9,100 radio stations worldwide.
In addition to his role at Westwood One, Steinhauer serves as a Director on the Board of the Media Ratings Council and was Chair of the Network Radio Research Council (NRRC). He is also an ARF Ambassador, a member of the RAB Council, and serves on the Nielsen Advisory Board.
Lew Dickey, Chief Executive Officer for Cumulus said: “Charles is an exceptional talent and a key member of our executive leadership team. We’re excited to extend his contract and look forward to his important contribution as we build Westwood One into the world’s leading audio content company.”
Steinhauer said: "It’s most gratifying to have this opportunity to continue building great value for our affiliate partners, listeners and advertisers. I’m thrilled to continue working with Lew and John Dickey, Steve Shaw and the entire Westwood One team, along with our incredible content and distribution partners as together, we connect audiences with the very best in sports, music, news, spoken word and digital content. There’s never been a more exciting time for Westwood One, and I’m proud and excited to be a part of it.”
Cumulus Media (NASDAQ: CMLS) combines high-quality local programming with iconic, nationally syndicated media, sports and entertainment brands in order to deliver premium choices for listeners, provide substantial reach for advertisers and create opportunities for shareholders. Cumulus provides exclusive content that is fully distributed through approximately 460 owned-and-operated stations in 90 U.S. media markets (including eight of the top 10), more than 10,000 broadcast radio affiliates and numerous digital channels. Cumulus is well positioned in the widening digital audio space through a significant stake in the Rdio digital music service, featuring 25 million songs on-demand in addition to custom playlists and exclusive curated channels. Cumulus is also the leading provider of Country music and lifestyle content through its NASH brand, which will serve Country fans through radio programming, NASH magazine, concerts, licensed products and television/video. For more information, visit www.cumulus.com.
About Westwood One
Westwood One, a wholly-owned subsidiary of Cumulus, activates the power of sound to deliver compelling cross-platform audio content to more than 9,100 media partners and 225 million consumers each week. Westwood One’s rich array of content and services includes live play-by-play sports and sports talk programming; music and entertainment programs; news, talk, and information programming, 24/7 music formats; prep services; customized music, jingles and imaging; and national sales representation. www.westwoodone.com.
Dollinger Strategic Communication for Cumulus Media