EXHIBIT 99.1

                                     [LOGO]
                                     CUMULUS


For Release 4:30 PM                     For further information please contact:
Thursday, March 28, 2002                Lew Dickey            (404) 949-0700 or
                                        Marty Gausvik         (404) 949-0700


                   CUMULUS MEDIA INC. COMPLETES ACQUISITION OF
                    AURORA COMMUNICATIONS, LLC AND DBBC, LLC

                 ALSO COMPLETES NEW $400 MILLION CREDIT FACILITY

         ATLANTA, GA March 28, 2002 - Cumulus Media Inc. (NASDAQ:CMLS) today
announced that it has completed the previously announced acquisitions of Aurora
Communications, LLC, which owns and operates 18 radio stations in Connecticut
and New York, and the broadcasting operations of DBBC, LLC, which is comprised
of 3 radio stations in Nashville, Tennessee.

         Aurora operates multiple-station clusters in Bridgeport, CT, Danbury,
CT, Newburgh-Middletown, NY, Westchester County, NY, and Poughkeepsie, NY. This
acquisition will increase Cumulus' presence in the Northeast Region and provide
Cumulus with an entree into the strategically vital metropolitan New York
markets. Aurora was acquired in exchange for $93 million in cash or assumed debt
and approximately 10.6 million shares of the Company's Common Stock. As part of
the transaction, the Company also issued warrants to purchase 833,333 additional
shares of its Common Stock.

         DBBC's broadcasting operations were comprised of three radio stations
in Nashville, Tennessee. These stations were acquired in exchange for 5,250,000
shares of the Company's Class A Common Stock, the assumption of approximately
$21 million in liabilities of DBBC, and the issuance of warrants to purchase
250,000 additional shares of Common Stock.

         Both acquisitions were completed following approval by the Company's
shareholders at a meeting this morning.

         Commenting on the transactions, Lewis W. Dickey, Jr., Chairman,
President and Chief Executive Officer of Cumulus, stated "We are very pleased
that over 99% of the shareholders who voted cast their votes in favor of these
important acquisitions. We are also very pleased to complete both of these
important acquisitions prior to the end of the first quarter. These radio
properties represent significant platforms in six new markets, including
Nashville, TN (Market #44) and Westchester County, NY (Market #59). We welcome
our new Cumulus colleagues in






each of these markets, and we look forward to working together to develop the
best run radio platforms in Connecticut, New York and Tennessee."


COMPANY ALSO COMPLETES A NEW $400 MILLION SENIOR CREDIT FACILITY

       Concurrently with the completion of the Aurora and DBBC acquisitions, the
Company completed the arrangement and syndication of a $400 million credit
facility with J.P. Morgan Securities Inc. and Banc of America Securities, LLC as
Joint Arrangers.

         The credit facilities are comprised of an unfunded $112.5 million
revolving commitment, a $112.5 million term loan and a $175.0 million term loan.
The proceeds from the new credit facility, which closed today, have been used to
refinance amounts outstanding under the Company's old credit facility, to fund
the respective cash portions of the Aurora and DBBC acquisitions, and to pay
fees and expenses associated with both the new credit facilities and the
acquisitions.

INFORMATION ABOUT CUMULUS

         Giving effect to the completion of all pending acquisitions and
divestitures, Cumulus Media will own and operate 245 radio stations in 53
mid-size U.S. media markets. The Company's headquarters are in Atlanta, GA, and
its web site is www.cumulus.com. In addition, the Company owns and operates a
multi-market radio network in the English-speaking Caribbean.

         Certain statements within this release constitute "forward-looking
statements" within the meaning of the U.S. Private Securities Litigation Reform
Act of 1995. Such forward looking statements are subject to numerous known and
unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or implied by
such forward-looking statements in light of future decisions by the Company, and
by market, economic, competitive, regulatory and technological developments
beyond the Company's control.

         The words or phrases "expect", "anticipate", "estimates" and "forecast"
and similar words or expressions are intended to identify such forward-looking
statements. In addition, any statements that refer to expectations or other
characterizations of future events or circumstances are forward-looking
statements. Investors should examine the filings that are made with the SEC by
the Company from time to time, which more fully describe the risks and
uncertainties associated with Cumulus Media Inc.'s business. Except as otherwise
stated in this news announcement, Cumulus Media Inc. does not undertake any
obligation to publicly update or revise any forward-looking statements because
of new information, future events or otherwise.