Townsquare Media, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $82.8M
- Price
- $4.54
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.25%
- Volume
- 70.9K
About
Townsquare Media, Inc. functions as a digital media and marketing services firm primarily serving small and medium-sized enterprises. Its operations are structured across three distinct divisions: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment provides an extensive array of online marketing tools. These encompass website hosting, search engine optimization (SEO), enhancing online directory visibility, e-commerce capabilities, monitoring online reputation, social media management, appointment scheduling, payment and invoicing systems, customer relationship management, email marketing campaigns, and website retargeting services. Furthermore, this segment specializes in the design, creation, and development of websites optimized for both traditional desktop and mobile platforms. The Digital Advertising segment offers online advertising opportunities on its proprietary digital properties and via programmatic advertising platforms. It also provides a comprehensive platform for data analytics and management. In the Broadcast Advertising segment, the company sells advertising slots on its local radio stations to a diverse range of advertisers, including local, regional, national spot, and national network clients. As of December 31, 2021, this division managed 322 radio stations and approximately 330 local websites across 67 local markets. Beyond these core segments, Townsquare Media organizes about 200 live events annually, such as concerts, expositions, and various other experiential gatherings. The company also operates several local media platforms, including WYRK.com, WJON.com, and NJ101.5.com, alongside prominent national music brands like XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com. Originally incorporated in 1996 under the name Regent Communications, Inc., the company officially became Townsquare Media, Inc. in May 2010. Its corporate headquarters are located in Purchase, New York.
Quick stats
Shares outstanding18.2M
Computed float11.3M
Float / shares62.2%
Key info
SectorCommunication Services
IndustryBroadcasting
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001499832
AI Summary
AI-generated1/16
minorbullishpartnership
Townsquare and Lakes Media Network Announce Digital Advertising Partnership Serving Virginia and North Carolina
Townsquare Media announced a strategic digital advertising partnership with Lakes Media Network, a six-station radio platform serving Southside Virginia and Northern North Carolina.
Under the deal, Lakes Media sellers gain access to Townsquare Ignite's proprietary programmatic platform, audience targeting, and performance reporting via the white-label Media Partnerships division launched in 2024.
The partnership is modest in scope but extends Townsquare's strategy of monetizing its ad-tech stack with other local media companies as digital now contributes more than half of company revenue and profit.