Audacy Inc - Company Profile
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Audacy Inc (Audacy), formerly Entercom Communications Corp, is a provider of media and entertainment services. The company offers radio broadcasting programs, audio, podcasts, content, streaming audio, advertising, media, marketing, sports, music, news, entertainment, local content, communities, data, analytics, multi-platform, and influencers. It owns and operates radio stations in various formats including classic rocks, sports, news, talk, adult contemporary and alternative, among others. The company also provides multi-platform marketing solutions for its customers. Audacy is headquartered in Philadelphia, Pennsylvania, the US.
Headquarters
United States of America
Address
4th Floor, 2400 Market Street, Philadelphia, Pennsylvania, 19103
Website
audacyinc.com
Telephone
1 610 6605610
No of Employees
3,539
Industry
Media
Ticker Symbol & Exchange
AUDAQ (OTC)
Revenue (2022)
$1.3B
2.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-3838.2%
(2022 vs 2021)
Market Cap*
$750,000
Net Profit Margin (2022)
XYZ
-3,769.0%
(2022 vs 2021)
* As of and is in US$
Audacy Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Integrated Marketing Solutions |
| Radio Broadcasting Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company entered into a partnership with Live365 to launch content from hundreds of Live365 stations spanning multiple genres on the Audacy platform. |
| 2024 | Regulatory Approval | In February, the company secured approval from the United States Bankruptcy Court for the Southern District of Texas for its plan of reorganization. |
| 2024 | Contracts/Agreements | In February, the company expanded its partnership with Veritonic to enable its clients and advertising partners to leverage audio increasing both reach and ROI. |
Competitor Comparison
| Key Parameters | Audacy Inc | Cumulus Media Inc | Urban One Inc | Townsquare Media, Inc. | Salem Media Group Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Philadelphia | Atlanta | Silver Spring | Purchase | Irving |
| State/Province | Pennsylvania | Georgia | Maryland | New York | Texas |
| No. of Employees | 3,539 | 2,455 | 881 | 2,442 | 1,147 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David Field | Chairman; President; Chief Executive Officer | Executive Board | 2017 | 60 |
| Richard J. Schmaeling | Chief Financial Officer; Executive Vice President | Senior Management | 2017 | 58 |
| Susan R. Larkin | Chief Operating Officer; Executive Vice President | Senior Management | 2020 | 58 |
| Elizabeth Bramowski | Chief Accounting Officer; Controller | Senior Management | - | - |
| Sarah Foss | Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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