Tag: Bill Wilson

"It may not be a reality during my lifetime, but it sure is fun to imagine the possibilities."

"If the company's radio stations are reaching half the adult population in their local markets, why seek separation from your radio identity? That's a heck of a story."

"In a rapidly changing landscape for consumers and local businesses, it has never been more important to embrace transformation and evolution."

"Broadcast is a mature cash cow business that will continue to face headwinds going forward, as businesses will continue to share shift from traditional advertising to digital advertising."

As expected, digital led the way for Townsquare Media.

Digital revenue rose by 1%.

"We're very proud of the radio business, and to me, we would never have had the success over the last 14 years in transforming into a digital-first company without the DNA of radio."

"Since 2021, we have repurchased 16.2 million shares at an average price of $7.19, while simultaneously reducing leverage."

“Despite the lack of tailwinds at our back in 2023, I am very pleased with how the Townsquare team navigated the progressively challenging economic landscape."

For the second quarter of the fiscal year, Townsquare Media is reporting a net revenue of $121.9 million. That increase is 13.6% higher than the same quarter in 2021.