AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JUNE 26, 1998
REGISTRATION NO. 333-
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933

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CUMULUS MEDIA INC.
(Exact name of Registrant as specified in its charter)

ILLINOIS 4832 36-4159663
(State or other jurisdiction of (Primary standard industrial (IRS employer
incorporation or organization) classification code number) identification number)

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111 EAST KILBOURN AVE.
SUITE 2700
MILWAUKEE, WI 53202
(414) 615-2800
(Address, including zip code, and telephone number, including area code, of
Registrant's principal executive office)
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RICHARD W. WEENING
EXECUTIVE CHAIRMAN
LEWIS W. DICKEY, JR.
EXECUTIVE VICE CHAIRMAN
CUMULUS MEDIA INC.
111 EAST KILBOURN AVE.
SUITE 2700
MILWAUKEE, WI 53202
(414) 615-2800
(Name, address, including zip code, and telephone number, including area code,
of agent for service)
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COPIES TO:

WILLIAM F. SCHWITTER, ESQ. GEORGE R. KROUSE, JR., ESQ.
PAUL, HASTINGS, JANOFSKY & WALKER LLP SIMPSON THACHER & BARTLETT
399 PARK AVENUE 425 LEXINGTON AVENUE
NEW YORK, NEW YORK 10022 NEW YORK, NEW YORK 10017
(212) 318-6000 (212) 455-2000

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APPROXIMATE DATE OF PROPOSED SALE TO THE PUBLIC: As soon as practicable
after this Registration Statement becomes effective. If any of the securities
being registered on this Form are to be offered on a delayed or continuous basis
pursuant to Rule 415 under the Securities Act of 1933, check the following
box. / /
If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box
and list the Securities Act registration statement number of the earlier
effective registration statement for the same offering. /X/ (File No. 333-48849)
If this Form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. / /
If delivery of the prospectus is expected to be made pursuant to Rule 434,
please check the following box. / /
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CALCULATION OF REGISTRATION FEE

PROPOSED
AMOUNT PROPOSED MAXIMUM MAXIMUM AMOUNT OF
TITLE OF EACH CLASS OF TO BE OFFERING PRICE PER AGGREGATE REGISTRATION
SECURITIES TO BE REGISTERED REGISTERED SHARE(1) OFFERING PRICE(1) FEE

Class A Common Stock, par value $.01 per 205,358
share.................................... shares(2) $14.00 $ 2,875,000 $ 850
10 3/8% Senior Subordinated Notes due
2008..................................... $10,000,000 100% $10,000,000 $2,950
Guarantees of 10 3/8% Senior Subordinated
Notes due 2008........................... $10,000,000 (3) (3) (3)

(1) Estimated solely for the purpose of calculating the registration fee
pursuant to Rule 457.
(2) Includes 26,786 shares issuable upon exercise of the Underwriters'
over-allotment option.
(3) No additional consideration for the Guarantees of 10 3/8% Senior
Subordinated Notes due 2008. Pursuant to Rule 457(n), no separate fee is
payable therefor.

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TABLE OF OTHER REGISTRANTS

PRIMARY
EXACT NAME OF STATE OR OTHER STANDARD
REGISTRANT AS JURISDICTION OF INDUSTRIAL I.R.S. EMPLOYER
SPECIFIED IN ITS INCORPORATION OR CLASSIFICATION IDENTIFICATION
CHARTER ORGANIZATION CODE NUMBER NO.
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Cumulus Broadcasting, Inc.................................... Nevada 4832 36-4166963

Cumulus Licensing Corp....................................... Nevada 4832 36-4166966

Caribbean Communications Company Ltd......................... Montserrat 4832 N.A.

GEM Radio Five Ltd........................................... Trinidad and Tobago 4832 N.A.

Forjay Broadcasting Corporation.............................. South Carolina 4832 56-1003735

Forjay Licensing Corp........................................ Nevada 4832 36-4231735

Minority Radio Associates, Inc............................... Georgia 4832 58-1741314

MRA Licensing Corp........................................... Nevada 4832 36-4231737

INCORPORATION BY REFERENCE OF REGISTRATION STATEMENT ON
FORM S-1 (FILE NO. 333-48849)

Cumulus Media Inc. (the "Company") hereby incorporates by reference into
this Registration Statement on Form S-1 in its entirety the Registration
Statement on Form S-1 (File No. 333-48849) declared effective on June 25,
1998 by the Securities and Exchange Commission, including each of the
documents filed by the Company with the Commission as exhibits thereto.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant has duly caused this Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in the City of New
York, State of New York, on June 26, 1998.

CUMULUS MEDIA INC.
CUMULUS BROADCASTING, INC.
CUMULUS LICENSING CORP.
FORJAY BROADCASTING CORPORATION
FORJAY LICENSING CORP.
MINORITY RADIO ASSOCIATES, INC.
MRA LICENSING CORP.

BY: /S/ RICHARD W. WEENING
-----------------------------------------
Richard W. Weening
EXECUTIVE CHAIRMAN

Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the dates indicated:

NAME TITLE DATE
- ------------------------------ --------------------------- -------------------

Executive Chairman,
/s/ RICHARD W. WEENING Treasurer and Director
- ------------------------------ (Principal Executive June 26, 1998
Richard W. Weening Officer)

/s/ RICHARD W. WEENING Executive Vice Chairman and
- ------------------------------ Director
Richard W. Weening, June 26, 1998
As Attorney-in-Fact for
Lewis W. Dickey, Jr.

/s/ RICHARD W. WEENING President and Director
- ------------------------------
Richard W. Weening, June 26, 1998
As Attorney-in-Fact for
William M. Bungeroth

/s/ RICHARD W. WEENING Vice President and Chief
- ------------------------------ Financial Officer
Richard W. Weening, (Principal Accounting June 26, 1998
As Attorney-in-Fact for Officer and Principal
Richard J. Bonick, Jr. Financial Officer)

II-7

SIGNATURES

CARRIBEAN COMMUNICATIONS COMPANY LTD.

BY: /S/ WILLIAM M. BUNGEROTH
-----------------------------------------
William M. Bungeroth
PRESIDENT

Pursuant to the requirements of the Securities Act of 1933, as amended, this
Amendment to Registration Statement has been signed below by the following
persons in the capacities and on the dates indicated:

NAME TITLE DATE
- ------------------------------ --------------------------- -------------------

/s/ RICHARD W. WEENING Chairman and Director
- ------------------------------ June 26, 1998
Richard W. Weening

/s/ RICHARD W. WEENING Director
- ------------------------------
Richard W. Weening, June 26, 1998
As Attorney-in-Fact for
Lewis W. Dickey, Jr.

/s/ WILLIAM M. BUNGEROTH President, Treasurer and
- ------------------------------ Director (Principal June 26, 1998
William M. Bungeroth Executive Officer)

/s/ RICHARD W. WEENING Vice President and Director
- ------------------------------
Richard W. Weening, as June 26, 1998
Attorney-in-Fact for
Robin Woodard Weening

Director
- ------------------------------
John Dickey

/s/ RICHARD W. WEENING General Manager (Principal
- ------------------------------ Accounting Officer and
Richard W. Weening, as Principal Financial June 26, 1998
Attorney-in-Fact for Officer)
Cheryl Chambers

II-8

SIGNATURES

GEM RADIO FIVE LTD.

BY: /S/ WILLIAM M. BUNGEROTH
-----------------------------------------
William M. Bungeroth
PRESIDENT

NAME TITLE DATE
- ------------------------------ --------------------------- -------------------
/s/ WILLIAM M. BUNGEROTH President and Director
- ------------------------------ (Principal Executive June 26, 1998
William M. Bungeroth Officer)

/s/ RICHARD W. WEENING General Manager and
- ------------------------------ Director (Principal
Richard W. Weening, as Accounting Officer and June 26, 1998
Attorney-in-Fact for Principal Financial
Cheryl Chambers Officer)

/s/ RICHARD W. WEENING Director
- ------------------------------
Richard W. Weening, as June 26, 1998
Attorney-in-Fact for
Robin Woodard Weening

Director
- ------------------------------
David Chang

Director
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Ingrid Crooks-Hussein

II-9

EXHIBIT INDEX

PAGE
NO. DESCRIPTION NUMBER
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5.1 Opinion of Holleb & Coff as to the validity of the additional Common Stock.
5.2 Opinion of Paul, Hastings, Janofsky & Walker LLP as to the validity of the additional Notes.
23.1 Consent of Price Waterhouse LLP
23.2 Consent of Holleb & Coff (included in Exhibit 5.1)
23.3 Consent of Paul, Hastings, Janofsky & Walker LLP (included in Exhibit 5.2)