TSQ Announces Q3 Results
Townsquare Media reports Q3 2024 results showing return to revenue growth driven by digital advertising gains and political revenue despite industry challenges....
Townsquare Media Q2 Financial Results and Revenue Trends
Townsquare Media reported Q2 2024 results with revenue down 2.5% year-over-year but showing sequential improvement. The radio company maintains a 7% dividend yield....
Employees Take Over REVOLT as New Owners
REVOLT announces employee ownership structure as Sean 'Diddy' Combs' shares are retired. Current employees become largest shareholders in the Black-owned media company....
TSQ Reports Record Revenue and Dividend
Townsquare Media reports record revenue and EBITDA for 2022, with digital now exceeding radio revenue. The company announces its first quarterly dividend of $0.1875 per...
Will Packer Media Company for Millennials
Producer Will Packer launches Will Packer Media with Discovery Communications and Universal Pictures, targeting Black millennial audiences driving pop culture....
TOWNSQUARE Q1 NET REVENUE AND ADJUSTED EBITDA SET RECORD
Townsquare Media reports record Q1 2022 results with 13% revenue growth and 16% digital revenue increase. The digital-first local media company exceeded guidance with digital...
Beasley Media Group Founder George G. Beasley Passes Away
George G. Beasley, founder and executive chairman of Beasley Media Group, has passed away after leading the radio company for 60 years. The broadcasting pioneer...
Townsquare Media Reports Strong 2020 Digital Growth
Townsquare Media reported strong Q4 2020 results with digital revenue growing 6% to $162 million, now representing 44% of total revenue as the company transitions...
iHeartMedia Announces New Structure for Digital Growth
iHeartMedia announces new operating structure separating Digital Audio Group from Multiplatform Group, with digital segment now representing 20% of revenue....
Urban One Issues $25M Senior Secured Notes
Urban One, Inc. launched an $825 million senior secured notes offering due 2028 to refinance existing debt and credit facilities. The media company plans to...
Iheartmedia Names Jordan Fasbender Executive Vice President,
iHeartMedia promotes Jordan Fasbender to Executive VP and General Counsel, effective January 1, 2021, succeeding retiring Paul McNicol....
Cumulus Media Reports Strong Q1 Results During COVID-19
Cumulus Media reports strong Q1 2020 results despite COVID-19 challenges, with $60M cost reductions and digital growth of 30% as the radio giant adapts....
CBS Corporation Q3 2016: Strong Results and Growth
CBS Corporation reported record Q3 2016 results with revenues up 4% to $3.4 billion and operating income rising 6% to $798 million. The media giant...
Emmis Communications Completes Refinancing
Emmis Communications completed a $100 million refinancing deal to reduce debt and interest expenses. The radio broadcaster secured favorable terms with an $80 million term...
Radio One Faces Delisting
Radio One faces potential Nasdaq delisting as Class-D shares trade below $1 minimum for 30+ days. The urban radio company has until March 21 to...
Spanish Broadcasting System Regains NASDAQ Compliance
Spanish Broadcasting System announces NASDAQ compliance with $1.00 minimum bid price requirement for continued listing on The NASDAQ Global Market....
DING DING DING… Emmis Under Investigation
Emmis Communications Corporation faces investigation over alleged unfair takeover practices and breaches of fiduciary duty related to a $2.40 per share buyout offer....
Arbitron CEO Michael Skarzynski Resigns
Arbitron announces Michael Skarzynski's immediate resignation as CEO due to policy violation. William T. Kerr named new President and CEO....