Thursday, December 17, 2020


TSQ Townsquare Media, Inc. gains 50% Dec 17, 2020

Townsquare Media, Inc. operates as a media, entertainment, and digital marketing solutions company in small and mid-sized markets. It operates through two segments, Local Marketing Solutions and Entertainment. The Local Marketing Solutions segment provides broadcast and digital solutions through its radio stations, Websites, radio stations' online streams, and mobile applications. It also offers digital marketing solutions, such as traditional and mobile-enabled Website development and hosting services, search engine and online directory optimization services, online reputation management, and social media management services under the Townsquare Interactive brand; and e-commerce products to consumers and advertisers through its proprietary deal and auction platform. As of December 31, 2016, this segment owned and operated 312 radio stations and approximately 325 Websites in 66 markets in the United States. The Entertainment segment creates, promotes, and produces live events, including music concerts, multi-day music festivals, fairs, consumer expositions and trade shows, athletic and lifestyle events, and other forms of entertainment. This segment also offer event production services to third parties; and digital advertising services, as well as owns a proprietary ticketing platform. In addition, it owns and operates a portfolio of 16 music and entertainment based national Websites. As of December 31, 2016, this segment produced approximately 550 live events in the United States and Canada. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. was founded in 1996 and is based in Greenwich, Connecticut.

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