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.
| Type | Public | |
| Founded | 2010 | |
| HQ | Harrison, US | Map |
| Website | townsquaremedia.com | |
| Employee Ratings | More | |
| Overall Culture | D- | More |
Recent NewsAll News
Key People/Management at Townsquare Media
Steven Price
Bill Wilson
Stuart Rosenstein
Erik Hellum
Christopher Kitchen
Townsquare Media Office Locations
Townsquare Media Financials and Metrics
Townsquare Media Revenue
| USD | |
|---|---|
Revenue (Q2, 2020) | 74.1m |
Net income (Q2, 2020) | (26.8m) |
EBIT (Q2, 2020) | (33.7m) |
Market capitalization (20-Nov-2020) | 106.5m |
Closing stock price (20-Nov-2020) | 6.1 |
Cash (30-Jun-2020) | 70.0m |
EV | 635.7m |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 88.4m | 140.7m | 164.1m | 94.2m | 119.6m | 114.1m | 93.7m | 113.1m | 112.6m | 93.4m | 74.1m |
General and administrative expense | 7.4m | 7.2m | 6.4m | 7.6m | |||||||
Operating expense total | 85.1m | 123.3m | 131.3m | 127.1m | 97.2m | 91.9m | 81.8m | 7.4m | 7.2m | 6.4m | 7.6m |
Depreciation and amortization | 6.4m | 6.8m | 6.6m | 6.3m | 4.6m | 4.9m | 6.5m | 5.9m | 6.8m | 5.3m | 4.8m |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 40.6m | 31.1m | 53.3m | 49.1m | 62.4m | 49.6m | 60.8m | 62.8m | 74.2m | 135.9m | 70.0m |
Accounts Receivable | 67.4m | 67.2m | 57.9m | 47.0m | |||||||
Prepaid Expenses | 10.8m | 11.1m | 9.4m | 9.4m | |||||||
Current Assets | 106.2m | 111.0m | 132.9m | 119.7m | 140.5m | 127.1m | 137.3m | 140.9m | 152.5m | 203.3m | 126.4m |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (3.0m) | 2.6m | 16.8m | (26.6m) | (25.0m) | (15.3m) | (4.8m) | 5.9m | 13.8m | (59.6m) | (86.4m) |
Depreciation and Amortization | 6.4m | 13.2m | 19.8m | 6.3m | 9.2m | 14.1m | 6.5m | 12.4m | 20.6m | 5.3m | 10.0m |
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 | 4.0m | 1.4m | 33.8m | (791.0k) | 1.2m | 12.0m | 5.9m | 3.4m | 25.4m | 9.3m | 11.7m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 175.2k |
Financial Leverage | 2.8 x |
Townsquare Media Operating Metrics
Townsquare Media Revenue Breakdown
Townsquare Media revenue breakdown by business segment: 66.2% from Local Marketing Solutions and 33.8% from Entertainment
Townsquare Media Cybersecurity Score
Townsquare Media Environment, Social & Governance (ESG) Ratings
Townsquare Media Online and Social Media Presence
4.13k Twitter followers
Townsquare Media has 4.13k Twitter Followers. The number of followers has increased 0.4% quarter over quarter
Townsquare Media's Trends
Twitter Engagement Stats for @townsquaremedia
2.5k
Tweets
325
Following
4.1k
Followers
65
Tweets last 30 days
1.3
Avg. likes per Tweet
53.8%
Tweets with engagement
Townsquare Media Company Culture
Overall Culture
D-
51/100
CEO Rating
F
47/100
Compensation
D-
44/100
Townsquare Media News and Updates
WeissLaw LLP: Townsquare Media, Inc. is the Subject of a Legal Investigation
TSQ Investor Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Townsquare Media, Inc. To Contact The Firm
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 $431.4 m.
What is Townsquare Media revenue per employee?
Latest Townsquare Media revenue per employee is $152.9 k.
Who are Townsquare Media competitors?
Competitors of Townsquare Media include iHeartMedia, Evanov Radio Group and Saavn.
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.
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