Questions about Townsquare Media

Short answers, pulled from the story.

When did Townsquare Media file for Chapter 11 bankruptcy protection?

Townsquare Media filed for Chapter 11 bankruptcy protection on the 1st of March 2010. The company carried $211.3 million in debt and held assets worth $166.5 million at the time of the filing.

Who founded Townsquare Media after the bankruptcy of Regent Broadcasting?

Townsquare Media was renamed by co-founders Steven Price, Stuart Rosenstein, Alex Berkett, Dhruv Prasad, and Scott Schatz following the bankruptcy of Regent Broadcasting. Oaktree Capital Management became the majority owner of the company after the United States Bankruptcy Court for the District of Delaware approved a pre-arranged plan.

What digital properties did Townsquare Media acquire from AOL in June 2013?

Townsquare Media acquired The Boombox, The Boot, Noisecreep, and ComicsAlliance from AOL in June 2013. These properties were part of AOL's Music division which shut down abruptly in April 2013.

When did Townsquare Media go public on the New York Stock Exchange?

Townsquare Media went public on the 24th of July 2014 with an initial offering price of $11 a share. The company filed for an IPO on the 24th of June 2014 and was valued at $143.8 million.

Which amusement park company did Townsquare Media acquire in August 2015?

Townsquare Media acquired North American Midway Entertainment of Farmland, Indiana in August 2015. This company operated amusement parks in the United States and Canada.

When did Townsquare Media announce the acquisition of Cherry Creek Media?

Townsquare Media announced the acquisition of Cherry Creek Media on the 24th of March 2022 for $18.75 million. The deal included all 35 stations owned by Cherry Creek and was consummated on June 17.