Entertainment Troubles Swing Townsquare To A Q4 Loss


It was a year of transition for Townsquare Media Group in 2017. The company’s entertainment business is under strategic review.

Former CEO Steven Price is settling in to his new role as Executive Chairman, and his two replacements — as co-CEOs — are, like Price, energized about what lies ahead. Looking back isn’t so great: The owner of radio stations in small and medium-sized markets swung to a loss in Q4.

Its radio stations aren’t to blame.

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