"We are building this great company with ambition, discipline, and an unwavering belief in the power of great storytelling combined with world-class technology,"
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."
While Audacy has yet to release its fourth quarter and year-end earnings for 2023 due to the bankruptcy proceedings, it reported that revenue for the company was "in line with expectations" during the calendar year.
“If radio pulled this ad off, imagine the buzz and media coverage that would be generated throughout the advertising community leading up to the game."
"We are honored to continue that tradition and ensure Radio Mambí remains a trusted source of news, information, and conversation for generations to come."