Townsquare Media Group is a communities-focused media and entertainment company.
Townsquare Media Group 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. We attract, engage, and activate audiences on a local and national basis through our unique mix of market-leading marquee entertainment properties.
Our local business owns and operates 312 radio stations, over 326 companion websites, an e-commerce business, and approximately 500 annual live events in 66 small and medium-sized markets across the country. Our 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 which reaches over 60 million unique visitors monthly; and a marketing services business which provides a turnkey web presence for small and medium-sized businesses. We also operate Townsquare Cares, a non-profit organization dedicated to helping our troops and their families. Funds managed by Oaktree Capital Management are the company’s largest shareholder.
Company Growth (employees)
Townsquare Media was founded in 2010 and is headquartered in Greenwich, US
Townsquare Media Office Locations
Townsquare Media has an office in Greenwich
Greenwich, US (HQ)
240 Greenwich Ave
Townsquare Media Data and Metrics
Townsquare Media Financial Metrics
Townsquare Media's revenue was reported to be $516.9 m in FY, 2016 which is a 17% increase from the previous period.
Numbers are in $, USD
Revenue (FY, 2016) | 516.9 m |
Revenue growth (FY, 2015 - FY, 2016), % | 17% |
Net income (FY, 2016) | 23.3 m |
EBIT (FY, 2016) | 77.4 m |
Market capitalization (22-Jun-2017) | 136.9 m |
Closing share price (22-Jun-2017) | 10 |
Cash (31-Dec-2016) | 51.5 m |
Townsquare Media's current market capitalization is $136.9 m.
| Numbers are in $, USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 373.9 m | 441.2 m | 516.9 m |
Revenue growth, % | 18% | 17% | |
Operating expense total | 333.4 m | 356.5 m | 439.4 m |
EBIT | 40.5 m | 84.7 m | 77.4 m |
EBIT margin, % | 11% | 19% | 15% |
Interest expense | 46.5 m | 36 m | 34.1 m |
Pre tax profit | (6.1 m) | 18.2 m | 40.3 m |
Income tax expense | 10.9 m | 7.9 m | 17 m |
Net Income | (17 m) | 10.2 m | 23.3 m |
| Numbers are in $, USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 33.3 m | 51.5 m | |
Accounts Receivable | 146.4 m | 171.2 m | |
Inventories | 9.8 m | 11.4 m | |
Current Assets | 103.2 m | 122.6 m | |
PP&E | 133.9 m | 139.6 m | |
Goodwill | 293 m | 293 m | |
Total Assets | 1.1 b | 1.1 b | |
Accounts Payable | 9.5 m | 10.6 m | |
Current Liabilities | 62.1 m | 65.2 m | |
Common Stock | 179 k | 184 k | |
Additional Paid-in Capital | 361.2 m | 365.4 m | |
Retained Earnings | 1.4 m | 24.5 m | |
Total Equity | 390.1 m | ||
Financial Leverage | 2.8 x |
| Numbers are in $, USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | (17 m) | 10.2 m | 23.3 m |
Depreciation and Amortization | 16.9 m | 17.6 m | 24 m |
Accounts Receivable | (6.8 m) | (2 m) | (5.8 m) |
Accounts Payable | (2.1 m) | 33 k | (2.5 m) |
Cash From Operating Activities | (21.2 m) | 8.8 m | 59.8 m |
Purchases of PP&E | (13.5 m) | (14.7 m) | (20.9 m) |
Cash From Investing Activities | (39.7 m) | (71.8 m) | (21 m) |
Long-term Borrowings | (123.7 m) | (553.6 m) | (19.4 m) |
Cash From Financing Activities | (26.7 m) | 54.4 m | (19.7 m) |
| Y, 2016 | |
|---|---|
Financial Leverage | 2.8 x |
