Townsquare Broadcast Revenue Up 9% in Q3
Excluding political from 2020, broadcast revenue at Townsquare increased 18%. CEO Bill Wilson said he was very pleased with the performance of Townsquare's 322 radio stations as advertising continues to return a little more every quarter.
Wilson: We Are A Digital First Company
The Townsquare CEO says that although the company is proud of its roots and DNA in local radio, Townsquare is clearly a "digital first company." Digital revenue represents nearly half of Townsquare's revenue and it's the source of the company's strongest revenue and profit lines.
Beasley Q3 Revenue Jumps 26.7%
Beasley's total Q3 revenue was $62.9 million, $13.3 million higher than Q3 2020. $500,000 came from Beasley's e-sports business and they took in $225,000 in political, compared to $3 million last year. Radio was up 28.6% or $12 million.
Sports Betting Big For Beasley
CEO Caroline Beasley says the sports betting category has and continues to grow into a very meaningful category for the company. Sports betting was the second largest category for the company in Q3, growing 228% year over year and represented $4.3 million or 7.2% of total revenue in the quarter.
Tossing Tops In Pittsburgh
Q92.9 FM WLTJ raised awareness and money in the fight against breast cancer in October. The 2nd Annual Toss Our Top event raised money for Pittsburgh based Young Women's Breast Cancer Awareness Foundation.
How Is Spoken Word Audio Doing?
NPR and Edison Research are set to present the Third Annual Spoken Word Audio Report. The live webinar is set for November 11th.
MRN Prepares For Big NASCAR Weekend
Motor Racing Network is preparing for 14 hours of NASCAR Championship coverage. NASCAR will crown four champions at Phoenix Raceway November 5-7.
Audacy Alt Lifestyle Event
The “Audacy Beach Festival” is set for December 4, 5 on the beach in Fort Lauderdale. The event is an effort to make a strong impact on the environment through the Audacy 1Thing sustainability initiative.
Chicago Christmas Lite Coming on
93.9 LITE FM Chicago will flip on the Christmas music November 3. A two-hour commercial free kick off will be hosted by Melissa Forman, Robin Rock and Mick Lee.
Audacy Alt Format Leadership Updates
Audacy has added John Allers as Regional Vice President of Alternative. The company also appointed Christy Taylor as a Regional Brand Manager.















