Cumulus Hit With Antitrust Suit Over Advertising Payouts
Law360, Washington (April 12, 2016, 6:24 PM EDT) -- A group of radio programming producers have hit radio giant Cumulus Media and advertising package bundler Westwood One with a federal antitrust suit, accusing the companies of conspiring to monopolize a national radio ad bundling market and help Cumulus radio stations at the expense of independent programming producers.
In a complaint filed in Oregon federal court Monday, four companies involved in programming syndication said Cumulus Media Inc. and Westwood One Inc., which Cumulus acquired in 2013, control about 90 percent of a national syndicated ad bundling market and are violating the Sherman Antitrust Act by working together to give Cumulus an...
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