In a new-year press release, Townsquare Media announced that co-CEO Dhruv Prasad will step down and his counterpart, Bill Wilson, will step into the sole CEO role at one of the largest radio groups in the U.S. Wall Street investors appear to like the news. Continue Reading
In this week’s Q2 earnings call, Townsquare Media noted that its digital initiatives, most of which are bundled into Townsquare Interactive and Townsquare Ignite, are leading drivers of quarterly growth. Also in the call, Townsquare execs advocate for regulatory loosening of local station ownership rules, saying that radio’s competitors are digital platforms. Continue Reading
With the nettlesome lack of native audio in major social platforms (looking at you, Facebook and Twitter), socializing audio-first content can be a heavy lift. The Headliner app from Sparemin grabs the problem by the throat and presents a solution for posting audio content quickly in an attractive video package. Townsquare Media has bought in — for its entire radio network. Continue Reading
WideOrbit has announced that radio group Townsquare Media has commited to a suite of WideOrbit digital platform products across Townsquare’s array of 310 radio stations. Townsquare is the third-largest radio group in the U.S., operating in 66 markets. The deal completes a multiyear Townsquare effort to consolidate its digital operations. Continue Reading
Townsquare Media launched as a public company today, pricing its offering at $11. (NYSE ticker: TSQ) Townsquare is the 3rd-largest radio-station holding company in the U.S., with 312 local stations. An eager digital adopter, Townsquare maintains 325 local websites, and has grown its webcast listenership 43% in the past year. Continue Reading
Internet listening remained essentially flat in December over November, according to data released by Triton Digital in its Webcast Metrics Top 20 Ranker. Top-line listening growth barely nudged total listening into new-high territory. Click through for analysis and charts. Continue Reading