Business DiversificationTownsquare is diversifying by adding SaaS-type services involving invoicing, payment systems, and scheduling to enhance growth.
Digital Revenue GrowthDigital now accounts for more than half of total revenues and is growing more rapidly, indicating a successful transition from traditional to digital media.
Financial PerformanceThe focus on debt reduction has cut leverage significantly and the dividend provides a 6.5% yield, reflecting a strong financial position.