Company
Townsquare Media, Inc.
Headquarters: Purchase, NY, United States
Founded: 1994
Employees: 2,900
CEO: Mr. Bill Wilson
Market Cap
$168.5 Million
USD as of Jan. 1, 2024
Townsquare Media, Inc. Categories
United States Communication Services Advertising AgenciesUnited States Communication Services United States Advertising Agencies
Top Competitors by Market Capitalization
Industry: Advertising Agencies
| Company | Market Cap (USD) |
|---|---|
| Publicis | $23.31 B |
| Omnicom Group Inc. | $16.84 B |
| The Interpublic Group of Companies, Inc. | $12.33 B |
| WPP plc | $10.54 B |
| Dentsu Group, Inc. | $7.05 B |
Detailed Description
Townsquare Media, Inc. operates as a radio, digital media, entertainment, and digital marketing solutions company in small and mid-sized markets. It operates through Advertising, Townsquare Interactive, and Live Events segments. The company provides advertising and marketing solutions to advertisers and businesses through its radio stations, Websites, radio stations' online streams, and mobile applications; and digital advertising services, as well as operates Townsquare Ignite, a digital programmatic advertising platform. It also offers digital marketing solutions, such as traditional and mobile-enabled Website development and hosting services, e-commerce platforms, search engine and online directory optimization services, online reputation monitoring, and social media and website retargeting services under the Townsquare Interactive brand. Additionally, the company sells tickets, sponsorships, food and other concessions, merchandise, and other ancillary products and services. As of March 16, 2021, the company owned and operated 322 radio stations and approximately 330 local Websites in 67 markets in the United States. It also creates, promotes, and produces live events, including concerts, expositions, and other experiential events. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. was founded in 1996 and is headquartered in Purchase, New York.
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Stocks & Indices
Townsquare Media, Inc. has the following listings and related stock indices.
Stock: NYSE: TSQ wb_incandescent
Stock: FSX: 2T8 wb_incandescent
Product & Services
Digital media, radio
Key People
Steven Price (Executive chairman) Bill Wilson (CEO) Stuart Rosenstein (Executive VP & CFO)
Financials
Revenue: US$ 441.22 million (2017)
Operating income: US$ 84.73 million (2017)
Net income: US$ 10.25 million (2017)
Total assets: US$ 122.63 million (2017)
Total equity: US$ 390.05 million (2017)