Tuesday, March 15, 2016

Porch Light Latin Kitchen, Smyrna, First Impressions

Bienvenidos to Smyrna, Porch Light Latin Kitchen! I don’t write much about Smyrna or Vinings, or Sminings as some call it. I love the area but it seems that for some time it’s not had the best food scene. But things are shaking up in Sminings. New restaurants are opening including Porch Light Latin Kitchen […]

Thursday, March 10, 2016

Radio giant Cumulus Media loses $546 million in 2015

Atlanta-based radio giant Cumulus Media Inc. (NASDAQ: CMLS) fell deep into the red in 2015 after sagging revenues as its debt was at $2.4 billion.

The company posted an annual net loss of $546.5 million, or a loss per share of $2.34.

Revenue for the year was down 7.5 percent to $94.7 million. This included decreases of $58.3 million, $16 million, $15.9 million and $4.5 million in broadcast advertising, digital advertising, political advertising and license fees and other revenue, respectively.

“First,…