In a year full of challenges, some radio station owners continued to see COVID-19 related impairments in the fourth quarter of 2020. Others have rebounded strongly, thanks to hefty political dollars and a strong digital story.
For Townsquare Media, CEO Bill Wilson and EVP/CFO Stu Rosenstein have perhaps the best recovery story in the local media industry. Why? Digital fueled the growth, setting the stage for a most impressive fourth quarter finish that crushed even the best forecasts company numbers-crunchers came up with last autumn.