Despite the subscriber loss, the company's quarterly revenue actually rose 1% to $2.16 billion, up from $2.14 billion compared to the same quarter last year.
“This partnership between Nielsen and Edison sets the record straight: a marketer’s audio strategy that excludes AM/FM engagement is simply incomplete.”
“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."