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Companies / Communication Services / Townsquare Media, Inc.
TSQ

Townsquare Media, Inc.

Communication ServicesCommunications
Ticker TSQPURCHASE, NYFiscal year ends DecemberBook value per share $-4.70Diluted shares 17.3M

Townsquare Media, Inc. (NASDAQ: TSQM) operates as a community-focused digital and broadcast media company with a distinctive focus on markets outside the top 50 in the United States. The company maintains its primary web presence at www.townsquaremedia.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$427.38M
−5.2% year over year
Last 12 mo $425.39M
10.34%
+5.5 percentage points
Last 12 mo 0.58%
$-9.75M
+10.8% year over year
Last 12 mo $-49.10M
8.11%
+72.7 percentage points
Last 12 mo 61.79%
Cash & financing
$30.60M
−37.2% year over year
Last 12 mo $28.25M
$15.38M
−50.9% year over year
Last 12 mo $14.26M
-9.75
Was -14.62× a year earlier
Last 12 mo -5.41
16.2M
+3.7% year over year
Last 12 mo 17.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Townsquare Media, Inc. does

In the company’s own words

Townsquare Media, Inc. (NASDAQ: TSQM) operates as a community-focused digital and broadcast media company with a distinctive focus on markets outside the top 50 in the United States. The company maintains its primary web presence at www.townsquaremedia.com.

The company operates through three primary segments: Digital Advertising (marketed as Townsquare Ignite), Subscription Digital Marketing Solutions (Townsquare Interactive), and Broadcast Advertising. Digital revenue, combining the first two segments, represented 55 percent of total net revenue in 2025 at $236.0 million. The Broadcast Advertising segment generated $183.4 million, while other revenue from live events contributed $8.0 million.

Townsquare Ignite provides precision customer targeting through a proprietary digital programmatic advertising platform combined with owned and operated digital properties. The division operates over 400 hyper-local websites, 10 leading national music and entertainment websites, and 380 mobile apps, generating approximately 15,000 pieces of original content monthly. The company maintains 45 million social media followers and has accumulated 4.9 billion lifetime YouTube views.

Townsquare Interactive delivers subscription-based digital marketing solutions to small and medium-sized businesses outside the top 50 markets through an all-in-one SaaS platform offering website design, search engine optimization, e-commerce solutions, customer relationship management, and various marketing services. The company targets approximately 8.8 million SMBs representing a $32 billion total addressable market.

The Broadcast Advertising segment encompasses 340 radio stations across 74 local markets, all positioned outside the top 50 markets nationally. The portfolio includes 79 country-formatted stations, 70 news/talk/sports stations, and 60 rock-formatted stations. The company also operates live events including concerts and festivals such as WYRK's Taste of Country and the Boise Music Festival.

Founded in 2010 with 60 radio stations in 13 markets, Townsquare has expanded through strategic acquisitions and organic development of digital capabilities. The company employed 1,804 full and part-time employees as of December 31, 2025, with no unionized workforce. The business model emphasizes scalable infrastructure, fixed-cost operating advantages, and leveraging local market relationships to cross-sell diversified digital and broadcast solutions to advertisers.

Company details
Sector
Communication Services
Industry
Communications
Headquarters
PURCHASE, NY
Fiscal year end
December
CIK
1499832
SIC
4832

Financial performance, year by year

Fiscal 2014–2025 · USD
$-140.29M$38.93M$218.16M$397.38M$576.61M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Townsquare Media, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

37
funds hold it
0 of 35
superinvestors hold it
$13.79M
held by funds, at market
11.6%
of shares held by funds

Largest fund holders · Townsquare Media, Inc.’s weight in each

Small Cap Value Fund
ASVIX · American Century Capital Portfolios, Inc.
0.10%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.04%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
TETON Westwood Mighty Mites Fund
WMMAX · Teton Westwood Funds
0.38%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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