Townsquare Media, Inc. filings document a public local media and digital advertising company with operating disclosures centered on quarterly results, segment economics, capital returns, and material-event reporting. Form 8-K filings attach earnings releases that report results for the company’s digital advertising, broadcast advertising, and subscription digital marketing activities, along with guidance, dividend actions, debt commentary, and Regulation FD-related disclosure practices.
Definitive proxy materials cover annual-meeting governance, board matters, executive compensation, pay-versus-performance information, equity awards, and shareholder voting items. The filing record also includes exhibit lists and Inline XBRL cover-page data associated with material-event reports.
Townsquare Media, Inc. (TSQ) reported third-quarter revenue of $110.9 million, up 3.9% from $106.8 million a year earlier, and net loss of $4.0 million, versus $5.5 million. Digital Advertising revenue rose 12.7% to $45.3 million, while Subscription Digital Marketing Solutions revenue fell 8.5% to $17.1 million. For the first nine months, revenue was $323.1 million and net loss was $42.8 million, compared with $5.0 million a year earlier.
Nine-month results included $43.3 million of non-cash FCC-license impairment charges across 21 of 74 local markets. Operating income was $34.1 million in 2025, versus an $8.1 million loss in 2026. Operating cash flow was $12.9 million, down from $18.0 million. As of September 30, 2026, indebtedness, net of unamortized discount and deferred financing costs, was $446.7 million, and cash and cash equivalents were $4.6 million. The company expected approximately $53.4 million in mandatory debt service over the next 12 months and believed operating cash generation would meet liquidity needs for at least 12 months. In November 2026, the board approved suspending the $0.20-per-share quarterly dividend to redirect capital toward general corporate liquidity and strategic growth opportunities.
Townsquare Media, Inc. (TSQ) reported third-quarter 2026 net revenue of $110.9 million, up 3.9% year over year, and Adjusted EBITDA of $22.6 million, up 2.7%. Net loss narrowed to $4.0 million from $5.5 million. Digital Advertising revenue rose 12.7%, while Subscription Digital Marketing Solutions revenue fell 8.5%; Adjusted EBITDA excluding political revenue declined 7.9% to $20.1 million.
For the first nine months, revenue rose 0.7% to $323.1 million, while net loss increased to $42.8 million from $5.0 million. Non-cash impairment charges were $43.3 million. Operating cash flow was $12.9 million, compared with $18.0 million a year earlier. As of September 30, 2026, cash was $4.6 million and outstanding debt was $467.5 million; gross leverage was 5.48x.
The board suspended the quarterly cash dividend. The previously declared $0.20 per-share dividend was paid on November 2, 2026; the suspension is expected to preserve approximately $14 million annually for general corporate liquidity and opportunistic higher-return opportunities. Fourth-quarter revenue is expected to be $107 million to $109 million and Adjusted EBITDA $23 million to $25 million; full-year guidance is $430 million to $432 million and $87 million to $89 million, respectively.
Townsquare Media, Inc. (TSQ) is the issuer named in Amendment No. 2 to a beneficial-ownership report by The Capital Management Corporation, which reports beneficial ownership of 3,409,181 common shares, or 18.7% of the class. The corporation reports sole voting power over 3,398,881 shares and sole dispositive power over 3,409,181 shares, with shared voting and dispositive power each reported as 0. Pamela C. Simms, the corporation’s compliance officer, signed the statement.
Townsquare Media, Inc. received an updated ownership report from American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research regarding its Class A Common Stock. The reporting group states beneficial ownership of 824,004 shares, representing 4.9% of the class.
The group reports 794,228 shares with sole voting power and 824,004 shares with sole dispositive power, with no shared voting or dispositive power. The securities are held across various investment companies and institutional accounts advised by American Century Investment Management, and no single client advised by it owns more than 5% of the class.
Townsquare Media, Inc. Chief Executive Officer and 10% owner Bill Wilson reported open-market sales of 148,164 shares of Class A common stock. On August 11, 2026 he sold 126,744 shares at a weighted average price of $5.61 per share, in multiple trades between $5.50 and $5.90. On August 12, 2026 he sold 21,420 shares at a weighted average price of $5.54, in trades between $5.50 and $5.70. After these transactions, his holdings include 681,623 unrestricted shares, 971,830 restricted stock units, and 1,325,608 fully vested options to purchase Class A common stock.
Townsquare Media, Inc. (TSQ) reports a planned sale of Class A common stock by an affiliate through Fidelity Brokerage Services. The filing covers 21,420 Class A shares, with an aggregate market value of $118,676.48, intended for sale on or after August 12, 2026 on the NYSE. The shares arose from restricted stock vesting grants of 19,420 shares that vested on January 18, 2024 and 2,000 shares that vested on January 18, 2025 as compensation from the issuer. Over the prior three months, 126,744 Class A shares were sold on August 11, 2026 for $711,133.39 by William Wilson.
Townsquare Media Inc. (TSQ) filed a notice of proposed sale of 126,744 Class A shares through Fidelity Brokerage Services LLC on the NYSE. The filing lists an aggregate market value of approximately $711,133.39 for these shares and notes 16,916,343 Class A shares outstanding as of August 11, 2026; this is a baseline figure, not the amount being sold.
The shares relate to prior restricted stock vesting events categorized as compensation, including vestings on January 18, 2024 (55,187 shares), April 29, 2024 (38,258 shares), and December 28, 2024 (33,299 shares).
Townsquare Media, Inc. reported net revenue of approximately $115.4 million for the three months ended June 30, 2026, essentially flat year over year, but swung to a net loss of about $41.8 million, or $2.36 per share, from $2.0 million of net income in the prior-year period. The shift was driven mainly by $26.6 million of non-cash FCC license impairment charges, lower Broadcast Advertising revenue and the absence of prior-year asset sale gains.
Digital Advertising revenue grew, while Subscription Digital Marketing Solutions and Broadcast Advertising declined, leading to a 5.4% drop in total segment profit. For the first six months of 2026, revenue was $212.1 million with a net loss of $38.8 million, including $35.2 million of FCC license impairments. Operating cash flow was $7.8 million, total debt was $440.0 million against assets of $494.7 million, and stockholders’ deficit widened to $79.2 million. The company continued its quarterly cash dividend of $0.20 per share.
Townsquare Media reported second quarter 2026 results with net revenue of $115.4 million, down 0.1% year-over-year. Total Digital net revenue grew 5.0%, including 11.0% growth in Digital Advertising, while Subscription Digital Marketing Solutions declined 8.5% and Broadcast Advertising fell 5.5%. Digital businesses contributed 57% of net revenue and 59% of Segment Profit in the first half of 2026.
The company posted a Q2 net loss of $41.8 million, versus net income of $2.0 million a year earlier, mainly reflecting higher non-cash FCC license impairment charges, a larger income tax provision, and lower gains on asset sales. Adjusted EBITDA was $24.8 million, down 6.2%, while Adjusted Net Income was $3.7 million, or $0.21 per diluted share. Year-to-date, net revenue was $212.1 million (down 0.9%) and Adjusted EBITDA was $41.2 million (down 7.6%).
As of June 30, 2026, Townsquare held $1.2 million in cash and cash equivalents and $462.2 million of debt, for net leverage of 5.44x based on trailing Adjusted EBITDA of $84.7 million. The board approved a $0.20 quarterly dividend, implying an approximate 13% yield at the last closing price. Guidance for 2026 calls for net revenue of $425–$431 million and Adjusted EBITDA of $87–$90 million, with Q3 net revenue expected at $108–$110 million and Adjusted EBITDA at $22.5–$23.5 million.
Townsquare Media, Inc. executive vice president of Finance, Operations and Technology Scott Schatz acquired 1,132 shares of Class A common stock on August 3, 2026 through a dividend reinvestment transaction at $5.94 per share. Following this, he directly holds 72,126 Class A shares, including 42,126 unrestricted shares and 30,000 fully vested options, and 196,846 Class B shares, including 21,846 unrestricted shares and 175,000 fully vested options.