Greenwich, CT – July 7, 2017 – Townsquare Media, Inc. (NYSE: TSQ) (the “Company”) today announced that it has entered into an agreement to acquire 6 radio stations and two FM translators in and around the Pittsfield, MA market, from Gamma Broadcasting LLC and Berkshire Broadcasting Co., Inc. (the “Acquisition”).
“We are very excited to announce this transaction which will strengthen our footprint in the Northeast,” commented Townsquare Chairman and Chief Executive Officer Steven Price. “We look forward to partnering with the Pittsfield team to bring our resources, including our digital and live event products, to Berkshire County’s advertisers and audience, and further build upon their success in the market.”
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About Townsquare Media Inc.
Townsquare is a media, entertainment and digital marketing solutions company principally focused on small and mid-sized markets across the U.S. Our assets include 312 radio stations and more than 325 local websites in 66 U.S. markets, a digital marketing solutions company serving approximately 11,200 small to medium sized businesses, approximately 550 live events with nearly 18 million attendees each year in the U.S. and Canada, and one of the largest digital advertising networks focused on music and entertainment reaching more than 50 million unique visitors each month. Our brands include iconic local media assets such as WYRK, KLAQ, K2 and NJ101.5; acclaimed music festivals such as Mountain Jam, WE Fest and the Taste of Country Music Festival; unique touring lifestyle and entertainment events such as the America on Tap craft beer festival series, the Insane Inflatable 5K obstacle race series and North American Midway Entertainment, North America’s largest mobile amusement company; and leading tastemaker music and entertainment owned and affiliated websites such as XXLmag.com, TasteofCountry.com, Loudwire.com and BrooklynVegan.com. For more information, please visit www.townsquaremedia.com.
Contact
Townsquare Media, Inc.
Claire Yenicay
(203) 900-5555
investors@townsquaremedia.com