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Started By
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Owner of popular Houston radio station files for bankruptcy
Posted on 3/9/26 at 2:58 pm
Posted on 3/9/26 at 2:58 pm
The certain demise of mainstream radio and their pathetic "radio personality" staff is now here
quote:
Cumulus Media, the Atlanta-based company that owns 104.1 KRBE, filed for Chapter 11 bankruptcy protection on Thursday, March 5, 2026, in the Southern District of Texas as part of a plan to restructure hundreds of millions of dollars in debt.
The company said the move is intended to reduce its debt while allowing its radio stations—including KRBE in Houston—to continue operating as usual.
"The prepackaged process is intended to address the company's debt efficiently with no disruption to our operations, our people, and our strategies," Cumulus CEO Mary Berner said in a Thursday statement.
If approved by a bankruptcy judge, the restructuring would eliminate about $592 million of the company's roughly $697 million debt, according to court filings, and transfer ownership of the company to its lenders.
Cumulus operates 394 radio stations nationwide, along with a radio syndication business and podcast network, and employs about 3,000 people.
15
Posted on 3/9/26 at 3:02 pm to HoustonGumbeauxGuy
quote:
104.1 KRBE
Wasn't that the station that got rid of Ryan Chase?
FWIW, bankruptcy in Texas favors the filer - not the creditors.
Posted on 3/9/26 at 3:03 pm to idlewatcher
Female CEO, Bankrupt company, shocker.
Posted on 3/9/26 at 3:04 pm to HoustonGumbeauxGuy
I didn't know KRBE was still around. They were pretty big in the 80s.
Posted on 3/9/26 at 3:07 pm to PowerTool
Guaranty just reupped with LSU sports, not that there was any competition
Their stations are safe as long as LSU doesn't bolt
Their stations are safe as long as LSU doesn't bolt
Posted on 3/9/26 at 3:08 pm to HoustonGumbeauxGuy
quote:
If approved by a bankruptcy judge, the restructuring would eliminate about $592 million of the company's roughly $697 million debt, according to court filings, and transfer ownership of the company to its lenders.
That seems pretty extreme. Ditch 85% of the debt then turn the keys over to the creditors.
Wonder how many millions in bonus the CEO got last year while telling the staff to “tighten the belt” and “lean in.”
This post was edited on 3/9/26 at 3:09 pm
Posted on 3/9/26 at 3:10 pm to idlewatcher
quote:
Wasn't that the station that got rid of Ryan Chase?
Yep. Was in Houston last week and caught part of “The Roula Show” with Eric. Did some investigating as I remembered the both of them from my time in Houston & sounded like Ryan went off the deep end.
Posted on 3/9/26 at 3:10 pm to HoustonGumbeauxGuy
quote:A little bigger than a Houston radio station…
Owner of popular Houston radio station files for bankruptcy
How about “Owner of hundreds of radio stations nationwide including a popular Houston radio station files for bankruptcy”
Posted on 3/9/26 at 3:34 pm to HoustonGumbeauxGuy
Does Cumulus own 1310 The Ticket in Dallas? Edit, whoa they do.
This post was edited on 3/9/26 at 3:35 pm
Posted on 3/9/26 at 3:34 pm to HoustonGumbeauxGuy
quote:
Cumulus Media
Has a few stations in Lafayette as well.
Posted on 3/9/26 at 3:37 pm to williamfrench3559
Yes. I am wondering how this affects The Ticket in any way.
Posted on 3/9/26 at 3:46 pm to HoustonGumbeauxGuy
Cumulus is huge on the Gulf Coast. Quite a few stations in Houston, the Golden Triangle, LC, Lafayette, BR, and New Orleans are owned by them.
Posted on 3/9/26 at 3:47 pm to HoustonGumbeauxGuy
Damn I think all the major radio stations here are owned by them
Posted on 3/9/26 at 3:47 pm to soccerfüt
Video killed the radio star.
Posted on 3/9/26 at 3:50 pm to Defenseiskey
90.1 is only music based station that is worth a damn
89.7 and 90.9 (fridays and saturdays) are good too
wish we could flip a switch and go back to local radio only.
89.7 and 90.9 (fridays and saturdays) are good too
wish we could flip a switch and go back to local radio only.
Posted on 3/9/26 at 3:57 pm to Dire Wolf
89.7 Alvin Community College is awesome. When I'm in range, 103.5 in cypress is ok too.
Posted on 3/9/26 at 4:12 pm to HoustonGumbeauxGuy
quote:
no disruption to our operations, our people, and our strategies,"
Seems like that is precisely what needs to be disrupted, huh?
quote:
employs about 3,000 people.
Pay me a few hundred grand and I’ll save you a frick load in like 5 minutes. This is ridiculous bloat in an industry that can be almost 100% automated.
This post was edited on 3/9/26 at 4:13 pm
Posted on 3/9/26 at 4:16 pm to burdman
quote:
Video killed the radio star.
It took 40 years but the Buggles have been proven correct
Posted on 3/9/26 at 4:27 pm to biglego
quote:
Video killed the radio star.
It took 40 years but the Buggles have been proven correct
Now the internet is finishing the job and taking television stations with it.
Posted on 3/9/26 at 4:36 pm to HoustonGumbeauxGuy
They rebooted the old 99X in ATL, and put it on 100.5 fm. Hired a lot of the old DJ's from the old 99X from the 90's, spinning 90's music. The best music station in Atlanta for people my age. I hope it sticks around.
quote:
99X on 100.5 (2022–present)
On December 1, 2022, WNNX dropped Elliot in the Morning after eight months.[16] The next day, at 5 p.m., after playing "Enter Sandman" by Metallica, WNNX dropped the rock format and began stunting with a loop of "Bitter Sweet Symphony" by The Verve, with sweepers stating "It's coming, same as it ever was. Monday morning, 6 a.m." The stunt was likely an allusion to the anniversary of a stunt pulled by former 99X DJ Sean Demery in October 1997, when he garnered local attention after playing the song in a similar loop shortly after its release. At the promised time, WNNX flipped to classic alternative as "99X”, marking the return of the 99X brand to a full powered signal for the first time since 2008. The first song on the revived "99X" was "Video Killed the Radio Star" by The Buggles, the same song that had launched the original incarnation 30 years prior. A letter on the station's website and Twitter page declared that the station's full-staffed launch had been set for January 3, 2023, effectively making the interim period a soft launch of the format; while there had been no official confirmation from Cumulus or the station at the time of launch, Cumulus hired several original station staffers for the station's new incarnation, including Steve Barnes, Leslie Fram, Steve Craig, Will Pendarvis, Jill, and Matt ‘Organic’ Jones.[17][18]
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