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Townsquare Media

OverviewSuggest Edit

Townsquare Media Group is a communities-focused media and entertainment company. The Company creates and distributes original and motivating media experiences that connect communities seamlessly with content they love, people they trust, products they want, and things that matter. Townsquare attracts, engages, and activates audiences on a local and national basis through its mix of market-leading marquee entertainment properties. The Company's local business owns and operates radio stations, over companion websites, an e-commerce business, and annual live events in small and medium-sized markets across the country.

Townsquare's national business owns and operates leading music and entertainment-focused digital properties including TasteofCountry, Loudwire, PopCrush and ScreenCrush, several leading multi-day music festivals, including Mountain Jam and the Taste of Country Music Festival; a digital advertising portfolio; and a marketing services business which provides the web presence for small and medium-sized businesses. The Company also operates Townsquare Cares, a non-profit organization dedicated to helping our troops and their families.

TypePublic
Founded2010
HQHarrison, NY, USMap
Websitetownsquaremedia.com
Employee Ratings3More
Overall CultureD-More
View Jobs (102)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)2,821(-2%)
Job Openings102
Revenue (FY, 2020)$371.3 M(-13%)
Share Price (Mar 2021)$10.5(+5%)
Cybersecurity ratingCMore

Key People/Management at Townsquare Media

Steven Price

Steven Price

Executive Chairman
Bill Wilson

Bill Wilson

Chief Executive Officer
Stuart Rosenstein

Stuart Rosenstein

Co-founder, Executive Vice President and Chief Financial Officer
Erik Hellum

Erik Hellum

Chief Operating Officer, Local Media
Christopher Kitchen

Christopher Kitchen

Executive Vice President and General Counsel
Show more

Townsquare Media Office Locations

Townsquare Media has offices in Harrison and Greenwich
Harrison, NY, US (HQ)
1 Manhattanville Rd #202, Purchase
Greenwich, CT, US
240 Greenwich Ave
Show all (2)

Townsquare Media Financials and Metrics

Townsquare Media Revenue

Townsquare Media's revenue was reported to be $371.34 m in FY, 2020
USD

Revenue (FY, 2020)

371.3m

Net income (FY, 2020)

(80.6m)

EBIT (FY, 2020)

(75.0m)

Market capitalization (30-Mar-2021)

169.0m

Closing stock price (30-Mar-2021)

10.5

Cash (31-Dec-2020)

83.2m

EV

687.9m
Townsquare Media's current market capitalization is $169 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

516.9m507.4m430.6m431.4m371.3m

Revenue growth, %

17%(2%)(15%)

General and administrative expense

28.6m26.9m

Operating expense total

439.4m496.3m390.2m28.6m135.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

88.4m140.7m164.1m94.2m119.6m114.1m93.7m113.1m112.6m93.4m74.1m

General and administrative expense

7.4m7.2m6.4m7.6m

Operating expense total

85.1m123.3m131.3m127.1m97.2m91.9m81.8m7.4m7.2m6.4m7.6m

Depreciation and amortization

6.4m6.8m6.6m6.3m4.6m4.9m6.5m5.9m6.8m5.3m4.8m
show all
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

51.5m65.3m61.4m84.7m83.2m

Accounts Receivable

171.2m67.5m58.6m

Prepaid Expenses

9.2m12.4m

Inventories

11.4m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

40.6m31.1m53.3m49.1m62.4m49.6m60.8m62.8m74.2m135.9m70.0m

Accounts Receivable

67.4m67.2m57.9m47.0m

Prepaid Expenses

10.8m11.1m9.4m9.4m

Current Assets

106.2m111.0m132.9m119.7m140.5m127.1m137.3m140.9m152.5m203.3m126.4m
show all
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

23.3m(10.3m)(31.6m)(65.7m)(80.6m)

Depreciation and Amortization

24.0m25.7m19.0m25.8m20.1m

Accounts Payable

(2.5m)669.0k(3.3m)2.4m(5.1m)

Cash From Operating Activities

59.8m50.7m36.6m40.0m31.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(3.0m)2.6m16.8m(26.6m)(25.0m)(15.3m)(4.8m)5.9m13.8m(59.6m)(86.4m)

Depreciation and Amortization

6.4m13.2m19.8m6.3m9.2m14.1m6.5m12.4m20.6m5.3m10.0m

Accounts Payable

(2.4m)(1.5m)(694.0k)(4.2m)2.2m(5.9m)(563.0k)(1.9m)(626.0k)(1.2m)420.0k

Cash From Operating Activities

4.0m1.4m33.8m(791.0k)1.2m12.0m5.9m3.4m25.4m9.3m11.7m
show all
USDFY, 2016

Revenue/Employee

175.2k

Financial Leverage

2.8 x
Show all financial metrics

Townsquare Media Operating Metrics

Townsquare Media's Unique Visitors was reported to be 50 m in Q1, 2017.
Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Attendees

18 m18 m

Events Held

500650550

Markets

666666666666666666666666

Unique Visitors

60 m50 m50 m
Show all operating metrics

Townsquare Media Revenue Breakdown

Embed Graph

Townsquare Media revenue breakdown by business segment: 66.2% from Local Marketing Solutions and 33.8% from Entertainment

Townsquare Media Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

Learn more about our premium products
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Townsquare Media Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

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Townsquare Media Online and Social Media Presence

Townsquare Media's Trends

Embed Graph

Townsquare Media Company Culture

  • Overall Culture

    D-

    51/100

  • CEO Rating

    F

    47/100

  • Compensation

    F

    38/100

  • Diversity

    F

    42/100

Learn more on Comparably

Townsquare Media News and Updates

January 18, 2021

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Townsquare Media Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors

NEW YORK, Jan. 18, 2021 Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Townsquare Media Inc. (NYSE: TSQ). If you are a shareholder of...
December 15, 2020

Townsquare Media, Inc. Reports Preliminary Estimated Fourth Quarter 2020 Results

PURCHASE, N.Y., Dec. 15, 2020 /PRNewswire/ -- Townsquare Media, Inc. (NYSE: TSQ) ("Townsquare", the "Company," "we," "us," or "our") announced today preliminary estimated financial results for the fourth quarter and full year ended December 31, 2020. "We are pleased to pre-announce very...
December 15, 2020

Townsquare Media Announces Launch Of $550 Million Senior Secured Notes Offering

PURCHASE, N.Y., Dec. 15, 2020 /PRNewswire/ -- Townsquare Media, Inc. (NYSE: TSQ) (the "Company") today announced that, subject to market conditions, it has launched an offering of $550.0 million in aggregate principal amount of senior secured notes due 2026 (the "Notes") to persons...
July 29, 2020

WeissLaw LLP: Townsquare Media, Inc. is the Subject of a Legal Investigation

NEW YORK, July 28, 2020 /PRNewswire/ -- WeissLaw LLP, a national class action and shareholders' rights law firm with offices in New York, California and Georgia, announces an investigation of Townsquare Media, Inc. (NYSE: TSQ) ("Townsquare Media," or the "Company"). If you own TSQ shares...
June 17, 2020

TSQ Investor Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Townsquare Media, Inc. To Contact The Firm

NEW YORK - (NewMediaWire) - June 17, 2020 - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Townsquare Media, Inc. (“Townsquare” or the “Company”) (NYSE:TSQ).If you invested in Townsquare stock or options and would like to discuss your…
May 08, 2018

Townsquare Media 2018 Q1 - Results - Earnings Call Slides

 Townsquare Media Frequently Asked Questions

  • When was Townsquare Media founded?

    Townsquare Media was founded in 2010.

  • Who are Townsquare Media key executives?

    Townsquare Media's key executives are Steven Price, Bill Wilson and Stuart Rosenstein.

  • How many employees does Townsquare Media have?

    Townsquare Media has 2,821 employees.

  • What is Townsquare Media revenue?

    Latest Townsquare Media annual revenue is $371.3 m.

  • What is Townsquare Media revenue per employee?

    Latest Townsquare Media revenue per employee is $131.6 k.

  • Who are Townsquare Media competitors?

    Competitors of Townsquare Media include iHeartMedia, Saavn and Imagesound.

  • Where is Townsquare Media headquarters?

    Townsquare Media headquarters is located at 1 Manhattanville Rd #202, Purchase, Harrison.

  • Where are Townsquare Media offices?

    Townsquare Media has offices in Harrison and Greenwich.

  • How many offices does Townsquare Media have?

    Townsquare Media has 2 offices.