Headquartered in Purchase, NY Fiscal year ends December NYSE: TSQ townsquaremedia.com
Townsquare Media is a community-focused digital and broadcast media company principally focused outside the top 50 U.S. markets. The company operates through three main segments: Townsquare Ignite, a digital advertising division that uses a proprietary programmatic advertising technology stack with an in-house demand and data management platform, along with a portfolio of more than 400 local news and entertainment websites and mobile apps; Townsquare Interactive, a subscription digital marketing services business that partners with small and medium-sized businesses to manage their digital presence through a SaaS business management platform, website design, hosting, and SEO services; and a Broadcast Advertising segment comprising a portfolio of local radio stations situated outside the top 50 U.S. markets. The company also operates a live events business. Townsquare's Media Partnerships program extends its digital advertising platform into 41 incremental markets through 16 media partners, giving the company a programmatic advertising presence in 115 markets across the United States. Digital businesses represent approximately 57% of net revenue and 59% of segment profit. Updated
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Townsquare Media is a community-focused digital and broadcast media company principally focused outside the top 50 U.S. markets.
The Wall Street consensus 12-month price target for TSQ is $10.00.
