Business

Townsquare Media's Adjusted EBITDA dropped 12.2% overall during the year.

“I have lost my best friend, whom I spoke to every day for the last 30 years.”

Neither is a stranger to the Seattle market.

Megatrax is a highly respected, "composer-led catalog with decades of history in television, film, and advertising. By integrating it into our proprietary licensing platform, we can modernize distribution, expand directly into Latin America, and improve Slipstream’s offering to our clients around the globe."

U.S. District Judge Jeannette Vargas issued the order Wednesday, ruling that the case must be paused under federal bankruptcy law.

"We had a tough fourth quarter due to a combination of non-recurring political advertising, soft radio markets and declining audience delivery in our cable television business."

During the year, Saga saw an operating loss of $11 million, which contrasts with the operating income of $2.4 million in 2024.

"Spot advertising revenue has been declining in the industry due to reduced time spent listening, particularly on AM radio stations."

Of the 84% listening to AM/FM radio weekly, two-thirds said they did it with a terrestrial radio signal.

Of all ad-supported in-car listening, 83% is spent with AM/FM radio.