 ATLANTA, Nov. 03, 2020 GLOBE NEWSWIRE -- Cumulus Media Inc. NASDAQ: CMLS the Company, CUMULUS MEDIA, we, us, or our today announced that the Company has completed its asset sale offer to purchase 47,164,000 aggregate principal amount of its 6.750 Senior Secured First-Lien Notes due 2026 the Notes, at 100 plus accrued and unpaid interest to, but not including, November 3, 2020, and such Notes were accepted for payment and subsequently cancelled. As a result, 452,836,000 aggregate principal amount of Notes remain outstanding. 