Registered as a diversified media and entertainment company, Townsquare Media was formerly known as Regent Communications, Inc. The business operates several radios, digital and entertainment properties in the United States.
As a media company, Townsquare Media engages in the creation and distribution of original entertainment materials. Part of the assets of the company are their 325 local companion websites, 309 radio stations and a wide portfolio of music and entertainment digital properties that are capable of reaching out to more than 50 million visitors on a monthly basis. It was in 1996 that the business started its venture as a brainchild of Terry Jacobs and Bill Stakelin.
Starting December 2010, the business has been unstoppable in making rapid acquisitions. This aggressive approach of the company in acquisition bolstered its size and its reach across the country. As of, the business is owned by Oaktree Capital Management. It remains publicly traded on the New York Stock Exchange (TSQ).
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