Audacy

Audacy is a leading multi-platform audio content and entertainment company operating one of the largest radio broadcasting networks in the United States. The company owns and operates a diverse portfolio of radio stations across major markets, complemented by a robust digital streaming platform and extensive podcast network. Audacy's stations span multiple formats including news, sports, music, and talk radio, reaching millions of listeners daily through both traditional broadcast and digital channels. The company has strategically positioned itself at the intersection of traditional broadcasting and digital audio innovation, investing heavily in streaming technology, podcast production, and on-demand content delivery. Through its digital platform, Audacy provides listeners with live radio streams, curated playlists, exclusive podcasts, and personalized audio experiences accessible via web and mobile applications. This multi-platform approach enables the company to maintain relevance in an evolving media landscape where consumers increasingly demand flexibility in how and when they consume audio content. Audacy generates revenue primarily through advertising sales across its broadcast and digital properties, leveraging its substantial audience reach and sophisticated targeting capabilities to deliver value to advertisers. The company also explores additional revenue streams including live events, sponsorships, and premium subscription offerings. As a publicly traded entity following its emergence from bankruptcy restructuring, Audacy continues to navigate the challenges of declining traditional radio listenership while capitalizing on growth opportunities in digital audio, podcasting, and programmatic advertising.