| Market Capitalization (Millions $) |
100 |
| Shares
Outstanding (Millions) |
18 |
| Employees |
1,804 |
| Revenues (TTM) (Millions $) |
426 |
| Net Income (TTM) (Millions $) |
-15 |
| Cash Flow (TTM) (Millions $) |
-3 |
| Capital Exp. (TTM) (Millions $) |
14 |
Business Description
Townsquare Media Inc. is a leading media and entertainment company that focuses on local markets. It operates in over 67 markets across the United States and reaches a monthly audience of over 40 million people. The company operates through three main segments: Advertising, Live Events, and Digital.
The Advertising segment is the largest and generates the bulk of the companyes revenue. It provides local and regional businesses with marketing solutions across various platforms, including radio, digital, and events. The company's radio stations are popular across different genres, including rock, pop, country, and news/talk. It offers advertising services such as branded content, targeted advertising, and event sponsorships.
The Live Events segment produces and manages a variety of live music events, including concerts, festivals, and fairs. Some of its popular events include the Taste of Country Music Festival and Mountain Jam. The segment also manages animal and agricultural shows, sports events, and holiday events.
The Digital segment provides digital marketing solutions focused on the local market. Its services include digital advertising, website design and development, search engine optimization, social media management, and e-commerce. It provides an integrated suite of digital products to its customers to enhance their digital presence, increase online visibility, and drive web traffic.
The company has over 3,500 employees, and its headquarters are located in Greenwich, Connecticut. It went public in 2014 and is listed on the New York Stock Exchange (NYSE: TSQ). Its revenue for 2020 exceeded $360 million, and it is counted among the top media companies in the United States.
Townsquare Media Inc. is committed to serving the local communities and businesses it operates in. It partners with various non-profit organizations, charities, and community groups to support social causes, education, and healthcare initiatives. It also offers scholarships and internships to students pursuing careers in the media industry.
Company Address: 4 Manhattanville Road Purchase, 10577 NY
Company Phone Number: 861-0900 Stock Exchange / Ticker: NYSE TSQ
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2% 
40.57 %