When it comes to local radio advertising revenue, Townsquare looked like a radio company – the results were on the plus side of flat. But add in its other local assets and we’re looking at a double-digit top line gain.
The stats: Net revenue was up 10.6%, and would have been 11.4% without political headwinds. Local advertising numbers were modest, 0.6% or 1.5% excluding political, for a total of $78.5M.
