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Aug 17, 2015
Townsquare Announces Key Hires in Operations and Sales Management

Rob Williams Joins Townsquare as Senior Vice President, Operations
Todd Lawley Promoted to Senior Vice President, Operations
Darrin Klayman Joins Townsquare as Vice President, National Client Partnerships
Matt Kiger Promoted to Vice President of Sales and Training
Todd Moskowitz Promoted to Vice President of Sales
Kelly Quinn Promoted to Vice President of Sales

Greenwich, CT – August 17, 2015 – Townsquare Media, Inc. (NYSE: TSQ) (“Townsquare” or the “Company”) announced today the appointment of Rob Williams as Senior Vice President, Operations. Mr. Williams will join the Company from Greater Media, where he most recently served as Vice President and Market Manager overseeing its Boston operations. Previously, Mr. Williams served as President/Market Manager for Clear Channel Communication’s New York operations.

The Company also announced that Todd Lawley has been promoted to Senior Vice President, Operations. Mr. Lawley has served as a Townsquare Regional Vice President since July 2014. Messrs. Williams and Lawley, along with the Company’s Regional Vice Presidents, will oversee the Company’s local media operations and report to Townsquare Executive Vice President Erik Hellum. Mr. Williams will be based in Greenwich while Mr. Lawley will continue to be based in Dallas.

“We are thrilled to have Rob join our Company. His track record of success and understanding of multi-product local media make him a great addition to our senior management team,” said Townsquare Chairman and Chief Executive Officer Steven Price. “We are also excited to announce the elevation of Todd Lawley to a more senior leadership role within the Company. In a short amount of time, Todd has proven himself to be a results-based leader who understands and drives the Townsquare mission in the markets he oversees.”

Townsquare’s local media operations include 310 stations and over 325 search engine and mobile-optimized local websites in 66 markets and are reported within our Local Advertising segment.

The Company also announced that Darrin Klayman has joined Townsquare as Vice President, National Client Partnerships, reporting to Erik Hellum. Darrin joins Townsquare from Westwood One, where he most recently served as Senior Vice President, Network Sales. In addition, Matt Kiger, Vice President of Sales and Training, Todd Moskowitz, Vice President of Sales and Kelly Quinn, Vice President of Sales have been promoted to more senior roles in sales leadership and will work in close coordination with Erik Hellum, Rob Williams and Todd Lawley and the Company’s Regional Vice Presidents.

“Rob and Darrin are both great additions to the Townsquare team. I am excited to work with such accomplished professionals that can help us grow our Company and drive revenue,” said Townsquare Executive Vice President Erik Hellum. “We are also excited to announce the promotions of Todd Lawley, Matt Kiger, Todd Moskowitz and Kelly Quinn, all of whom have played key roles in our Company’s growth and development. We are confident that they will continue to excel in their new roles.”

 

About Townsquare Media, Inc.

Townsquare Media, Inc. is an integrated and diversified media and entertainment and digital marketing services company that
owns and operates market leading radio stations, digital and social properties and live events in small and mid-sized markets across the United States, delivering national scale and expertise to the communities it serves on a local level. The Company owns and operates 310 radio stations, over 325 search engine and mobile-optimized local websites and approximately 500 live events in 66 small and mid-sized U.S. markets, making Townsquare the third largest owner of radio stations in the United States by number of radio stations owned. The Company supplements its local offerings with the nationwide reach of our owned, operated and affiliated music and entertainment websites, which, on a combined basis, attracted the largest audience among music focused digital advertising networks as of June 2015 as well as certain large scale live events. For more information, please visit www.townsquaremedia.com.

Forward Looking Statements

Statements in this press release that are not historical are forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon management’s current beliefs and expectations and are subject to uncertainty and changes in circumstances. They contain words such as “believe,” “intend,” “expect” and “anticipate” and include statements about expectations for the Company’s operations, markets, products, services, financial results and other risk factors discussed in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including under the “Risk Factors” section in the Company’s most recent Form 10-K and other SEC filings. Unless otherwise required by applicable laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information or future developments.

Investor Relations

Claire Yenicay (Messner)
203-900-5555
investors@townsquaremedia.com

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