Townsquare grows with Double O Radio buy


When Townsquare Media completes its acquisition of 26 radio stations from Double O Broadcasting, it will be active in some 40 markets with 191 total stations. The current deal will add five markets in three states to the Townsquare portfolio.

“This transaction represents a continuation of Townsquare Media’s strategy of pursing market leading media properties in small and mid-sized markets,” commented Townsquare Media Chairman and CEO Steven Price. “We are excited to continue to expand our business by adding new advertisers, a broader audience, premier brands and strong in-market teams.”

The price of the transaction was not released, but Pilot Group, a Double O equity backer, will emerge with an interest in Townsquare. A prominent name associated with Pilot Group is none other than Bob Pittman.

In addition to radio interests, Townsquare has holdings in musical and non-musical events and various websites.

The stations are located in McAllen TX, San Angelo TX, a large unrated portion of New York roughly between Albany and Binghamton, the Mississippi River towns of Hannibal MO and Quincy IL, and in the Sedalia-Knob Noster area in west-central Missouri.

Here is a station list from a recent Pilot FCC filing.

Odessa-Midland TX
KMCM(FM) Odessa, TX
KQRX(FM) Midland, TX
KHKX(FM) Odessa, TX

San Angelo TX
KKCN(FM) Ballinger, TX
KGKL(AM) San Angelo, TX
KGKL-FM San Angelo, TX
KELI(FM) San Angelo, TX
KNRX(FM) Sterling City, TX

Oneonta NY
WDHI(FM) Delhi, NY
WIYN(FM) Deposit, NY
WCHN(AM) Norwich, NY
WBKT(FM) Norwich, NY
WKXZ(FM) Norwich, NY
WZOZ(FM) Oneonta, NY
WDLA(AM) Walton, NY
WDLA-FM Walton, NY
WDOS(AM) Oneonta, NY
WSRK(FM) Oneonta, NY

Hannibal MO-Quincy IL
KHMO(AM) Hannibal, MO
KICK-FM Palmyra, MO
WLIQ(AM) Quincy, IL
KRRY(FM) Canton, MO

Sedalia MO
KSDL(FM) Sedalia, MO
KSIS(AM) Sedalia, MO
KXKX(FM) Knob Noster, MO