Cumulus Media Inc (CMLS): Greywolf Capital Management Adds to Its Stake



CUSIP No.  231082108
 SCHEDULE 13G
Page 2 of 8 Pages
1
NAME OF REPORTING PERSONS
Greywolf Event Driven Master Fund
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) o (b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
12,845,373
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
12,845,373
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

12,845,373

10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.49%
12
TYPE OF REPORTING PERSON
OO
** The reporting persons making this filing hold an aggregate of 12,845,373 Shares, which is 5.49% of the class of securities. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page.


CUSIP No.  231082108
 SCHEDULE 13G
Page 3 of 8 Pages
1
NAME OF REPORTING PERSONS
Greywolf Capital Management LP
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) o (b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
12,845,373
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
12,845,373
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

12,845,373

10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.49%
12
TYPE OF REPORTING PERSON
PN, IA
** The reporting persons making this filing hold an aggregate of 12,845,373 Shares, which is 5.49% of the class of securities. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page.