Audacy, Inc. is an American broadcasting company based in Philadelphia, Pennsylvania. Founded in 1968 as Entercom Communications Corp., it is the second largest radio company in the United States, owning over 220 radio stations across 47 media markets.[3]
In November 2017, the company merged with CBS Radio. The transaction was structured as an exchange offer whereby owners of CBS Corporation common shares (i.e., not the multiple-voting shares held by CBS Corp parent company National Amusements) at the time of the merger could elect to exchange their shares for Entercom shares corresponding to a 72% stake in the combined company.[4][5] The company changed its name from Entercom to Audacy on March 30, 2021. On April 9, the ticker symbol on the New York Stock Exchange changed from "ETM" to "AUD".[6]
On January 7, 2024, Audacy announced that it had filed for a prepackaged Chapter 11 bankruptcy, citing approximately $1.9 billion in debt.[7]
History
Final logo used under the Entercom brand
Joseph M. Field founded the company as Entertainment Communications (which would later be shortened to Entercom) on October 21, 1968, on the conviction that FM broadcasting, then in its infancy, would eventually surpass AM broadcasting as the leading radio broadcast band.[8]
Acquisitions
During the 1990s, the Federal Communications Commission's regulations on the ownership of multiple radio stations were eased, beginning with the introduction of duopoly rules, which allowed a company to own two stations in each radio market. Entercom took advantage of the change to expand its presence in the markets where it already operated. In April 1995, the company paid $24.5 million for three stations in Portland, Oregon, acquiring KGON, a classic rock station; KFXX, an all-sports station; and KMUZ-FM, a modern rock station.[8][9]
In January 1999, Entercom went public in an IPO in which it raised around $236 million.[8] In July 1999, the company purchased 43 radio stations from Sinclair Broadcast Group for $821.5 million in cash.[10] It was Entercom's largest deal to date.[11] The deal included stations in eight markets, Kansas City, Missouri; Milwaukee; New Orleans; Memphis, Tennessee; Buffalo, New York; Norfolk, Virginia; and Scranton/Wilkes-Barre, Pennsylvania. The deal more than doubled both the number of stations under the company's control, and the number of markets in which it had stations. The acquisition made Entercom the fifth-largest radio broadcaster in the United States, with 88 stations in 17 markets.[11][12] That year, Entercom announced that it would direct its radio stations not to play songs that promoted violence.[13][14]
On August 21, 2006, Entercom agreed to buy 15 mid-market stations from CBS Radio. Locations included Austin, Texas; Cincinnati; Memphis, Tennessee; and Rochester, New York.[15] Due to ownership limitations set by the FCC, Entercom had to sell three of its stations in the Rochester market; these were acquired by Stephens Media Group.[16] Shortly after the transaction, the company exited the Cincinnati market by trading all four of its stations in Cincinnati and three of its stations in Seattle in exchange for three stations in San Francisco in a deal with Bonneville International.[17]
On December 8, 2014, Entercom announced its acquisition of Lincoln Financial Media for $105 million; the deal gave the company 14 additional stations in Atlanta; Denver; Miami; and San Diego. To comply with FCC ownership limits in the Denver market and DOJ antitrust concerns, Entercom entered into an exchange agreement with Bonneville under which Entercom exchanged four stations in Denver for classic rock station KSWD in Los Angeles and $5 million in additional consideration. The stations Entercom exchanged with Bonneville were KOSI-FM, KYGO-FM, KKFN-FM and KEPN-AM. Entercom previously owned KOSI-FM, while the remaining stations were acquired through the acquisition of LFM.
Entercom and Bonneville began operating the exchanged stations under time brokerage agreement (TBAs) once the LFM transaction was completed.[18][19] In November 2015, the swap deal was closed successfully.[20]
In March 2021, Entercom acquired podcast ad network Podcorn in a deal valued at $22.5 million.[26] The company also reached a long-term licensing agreement with Global Music Rights (GMR), allowing the company to perform all of the songs from songwriters and publishers represented by the performance rights organization.[27]
In 2007, Entercom station KDND was sued after a participant in a "Hold Your Wee For a Wii" contest held by the station's morning show died of water intoxication.[33]
Merger with CBS Radio
On February 2, 2017, Entercom announced that it had agreed to merge with CBS Radio. The purchase will give Entercom operations in 23 of the top 25 markets, and make it the second-largest owner of radio stations in the US, behind iHeartMedia. Under the terms of the Reverse Morris Trust, the company would retain the Entercom name, board of directors and base of operations, but CBS shareholders would hold 72% of its stock.[34] The company also shut down KDND in Sacramento and returned its license to the FCC, with its programming moved to sister station KUDL. The FCC had designated that the renewal of KDND's license would be subject to a hearing over allegations it had failed to operate in the public interest.[33]
To comply with federal ownership caps, Entercom stated that it would divest at least 15 stations.[34] On November 1, 2017, Entercom announced a settlement with the Department of Justice, which allowed the merger with CBS Radio.[37] The company also announced a series of asset exchange agreements with iHeartMedia and Beasley Broadcast Group in Boston, Seattle, Richmond and Chattanooga; and local marketing agreements with Bonneville International Corporation in San Francisco and Sacramento.[38]
On November 9, 2017, the FCC gave the final approval needed for the Entercom merger by granting two 6-month waivers for market station limits in Miami and San Francisco.[40] The merger occurred at midnight on November 17, 2017.[41] Later that day, Entercom would switch WBMP in New York to alternative.[42] This would then be followed up by WJMK in Chicago's switch to classic hip-hop and KVIL in Dallas-Ft. Worth's flip to alternative.[43] The company also introduced a new corporate logo as well as other corporate strategy changes.[44] The Entercom Divestiture Trust then entered into agreements with Bonneville International to operate its stations on their behalf.[39]
On July 19, 2018, Entercom announced that it would acquire Philadelphia market-leader WBEB from Jerry Lee Radio for $57.5 million. WXTU was divested back to its previous owner, Beasley Broadcast Group, to comply with ownership limits.[48][49]
On August 3, 2018, Entercom announced that Bonneville would buy all eight stations for $141 million, which the company had been operating under LMA since after the merger with CBS Radio.[50] The deal was completed on September 21, 2018.
Radio.com
On June 25, 2018, Entercom announced that Radio.com would become the exclusive streaming portal for all of its stations, beginning with its legacy stations on July 6, and former CBS Radio stations beginning August 1, ending its relationship with the third-party service TuneIn. All Entercom properties were also branded on-air as "A Radio.com station".[51]
Following the termination of its deal with United States Traffic Network, Entercom launched an internal Traffic Weather and Information Network (TWIN) in August 2018.[52]
In February 2019 Radio.com Sports was created, featuring appearances from experts on Entercom sports stations across the country. Mercedes-Benz was the first sponsor to sign on as a brand partner.[53]
On August 19, 2019, Entercom launched the Radio.com Sports Digital Network, a collection of daily live audio and video programming from the company’s sports stations.[54] Later that month, Paul Suchman became the company’s Chief Marketing Officer.[55]
In September 2019, Entercom partnered with Apple to integrate its news, sports and music stations into the Apple iOS13 software[56] and soon after, the company expanded RADIO.COM’s accessibility onto Samsung’s Bixby marketplace.[57]
Radio.com was relaunched as the Audacy app and website as part of the company’s 2021 rebrand.[58]
Developments
In May 2014, Entercom announced its launch of SmartReach Digital product line focused on creating digital marketing options for small and medium businesses.[59]
Early in 2020, Entercom opened a HD Radio Sound Space in Los Angeles as an event space and home for future live events. The space was opened with a live performance from Coldplay.[60]
In response to the COVID-19 pandemic, Entercom developed the Stay Connected programming that included "Heroes & Difference Makers," and "Love Local," and “I'm Listening: Stay Connected," a daily digital series on mental health hosted by "LOVELINE"'s Dr. Chris Donaghue.[61]
In 2022, Audacy announced plans to open a new studio on Broadway in Nashville, as part of the company’s partnership with Hard Rock International.[62] The studio opened in September 2024.[63]
In February 2023, Audacy released a ground-breaking study alongside research and analytics platform Veritonic that highlights how to make audio ads most effective.[64]
In March 2024, Audacy introduced dynamic AI and machine learning into its Ad Tech stack to help brands more precisely target podcast consumers. This capability will allow advertising partners to target messages that are aligned with podcast content.[65]
Rebranding
On March 30, 2021, after more than 50 years as Entercom, the company rebranded as Audacy to clarify its position as a scaled multi-platform audio content and entertainment company. The Radio.com name was also rebranded as the Audacy app.[66] On the same day, Audacy and BetMGM agreed to a multi-year deal designating the sports betting and gaming platform as the preferred sports betting partner with Audacy.[67]
Emergence from Bankruptcy
On May 16, 2023, Audacy was delisted from the New York Stock Exchange due to the company's common stock trading at an abnormally low share price. Audacy announced their intention to appeal the exchange's decision while seeking a reverse stock split from their shareholders to remedy the situation.[68] However, in October 2023, Audacy's appeal was denied, and the NYSE continued to proceed in the process of delisting Audacy's stock, which became effective on November 10, 2023.[69]
In early January 2024, it was announced that Audacy would be preparing to file for bankruptcy within the upcoming weeks. On January 7, 2024, Audacy filed for prepackaged Chapter 11 bankruptcy protection. As part of the bankruptcy reorganization, Audacy has made a deal with its creditors to transfer control to them while cutting approximately $1.6 billion of its debt.[70]
On September 30, 2024, Audacy completed its financial restructuring, implementing a consensual, deleveraging transaction that equitized approximately $1.6 billion of funded debt, a reduction of 80% from approximately $1.9 billion to $350 million.[71] The company emerged with a total net leverage of approximately 2.7x, differentiated by its premium audio content.[72]
Tunein restoration
On June 21, 2023, Audacy and TuneIn reached a new agreement and restored access of its stations to TuneIn users after a near five-year absence.[73]
Partnerships
In April 2019, Entercom reached a distribution agreement with Waze, giving drivers the ability to access Radio.com's podcasts and on-demand audio content through Waze.[74]
In September 2020 Clark Atlanta University partnered with Entercom, to give Mass Media Arts Students at the university access to company representatives in programming, sales, digital, and on-air talent.[75]
On October 21, 2020, Entercom announced a partnership with the National Urban League to advance racial justice and equity in the communities they serve.[76]
In 2020, Radio.com established partnerships with SoundHound Inc [77] and Beasley Media Group.[78]
Also in 2020, streaming platform Twitch added the video feeds from a number of Radio.com's sports stations with branded channels[79] and GM added Radio.com to its in-dash application in Chevrolet, GMC, Buick, and Cadillac vehicles.[80]
We Can Do Hard Things, a twice-weekly podcast hosted by #1 New York Times bestselling author Glennon Doyle, her wife Abby Wambach, and her sister Amanda Doyle joined Audacy in May, 2021. In its first year, it was the #1 top new show on Apple Podcasts.[81]
In August 2021, Audacy announced a content distribution partnership with Urban One to bring premium live and on-demand audio content to the Audacy digital platform.[82] The company announced a similar deal with Cumulus that same year.[83]
Audacy acquired an exclusive, perpetual license to WideOrbit’s digital audio streaming technology, related assets and operations of WO Streaming in October 2021. Audacy now operates WO Streaming under the name AmperWave.[84]
In December 2021, Audacy announced a multi-faceted partnership with Hard Rock International. As part of the deal, Audacy and HRI partner on live events at a new performance space in New York City, as well as music festivals and Hard Rock Cafe events around the country.[62]
In January 2022, Audacy announced a content distribution partnership with Samsung that made Audacy’s entire podcast library available on Samsung platforms.[85] That same month, Audacy partnered with Dana Carvey and David Spade for Fly on the Wall, a weekly Saturday Night Live-focused podcast.[86] In February 2024, Audacy launched a weekly extension of the show called Superfly.[87]
In August 2022, Audacy and CBS Sports Digital announced a partnership where Audacy will be the exclusive, multi-year ad sales and distribution partner for CBS Sports' leading network of award-winning sports podcasts.[88]
In May 2023, Audacy announced a content distribution partnership with Allen Media Group. Through this new partnership, Audacy launched three new audio streams dedicated to three Allen Media Group weather and climate news networks: The Weather Channel television network, Pattrn and The Weather Channel en Español.[89]
In September 2023, Audacy announced a content distribution partnership with Spanish Broadcasting System (SBS) that will bring SBS’ complete portfolio of 13 stations to the Audacy app.[90]
In September 2023, Audacy partnered with Amy Poehler’s Paper Kite Productions for a three-season improvised comedy podcast franchise parodying and paying homage to popular themes in the podcast space including Say More with Dr? Sheila starring Poehler as a fictional therapist with questionable methods and credentials counseling a new couple every week.[91]
In November 2023, HBO’s Succession Podcast, created by Audacy’s Pineapple Street Studios, won Adweek’s Podcast of the Year award.[92]
In December 2023, Audacy and CBS stations announced a content distribution partnership that made audio simulcasts of the television news streams from 14 CBS-owned stations available on the Audacy app.[93]
In February 2024, Audacy announced a content distribution partnership with internet radio network Live365. As part of the partnership, content from hundreds of Live365 stations spanning multiple genres became available on the Audacy platform.[94]
In March 2024, Audacy partnered with Super Hi-F i, the leader in AI-powered radio services for broadcast and digital media companies. Super Hi-Fi would equip Audacy’s portfolio of more than 700 exclusive stations with HLS+ technology, which merges live, linear radio broadcasting with elements of interactivity and personalization within a single audio stream.[95] The two companies later announced an expanded partnership to streamline Audacy's digital content production and broadcasting processes while creating stickier listener environments and more opportunities for advertisers to engage with them.[95]
In April 2024, Audacy announced a partnership with voice AI company ElevenLabs.[96]
In July 2024, Audacy Podcasts partnered with Jenna Fischer and Angela Kinsey to handle sales, distribution, and production for their series, "Office Ladies".[97]
In October 2024, Audacy partnered with Experian to track audience data and gain a more comprehensive view of listeners’ digital identifiers. By better understanding its consumers and their preferences, the company can provide more relevant content and offer more precise advertising solutions.[98]
On March 30, 2021, Entercom rebranded as Audacy. With this rebranding, all Audacy stations are identified at the top of each hour as "An Audacy station." Or "Always Live On the Free Audacy App".
In July 2023, Audacy announced Launch, a music discovery program designed to spotlight emerging artists. Through broadcast and digital airplay, on-air artist vignettes, digital editorial and social content, Audacy introduces new artists to its millions of listeners and followers.[99] The program commenced with three Launch Artists: Jelly Roll, Warren Zeiders and Doechii.[99]
In May 2024, Audacy announced “On The Record,” a new album release initiative for the biggest stars in music.[100]
As part of the company's merger with CBS Radio, Entercom acquired Radio.com, Eventful, and play.it.
The Audacy app, formerly known as Radio.com, is an integrated digital platform offering over 230 locally programmed radio stations and their websites.[101] Audacy currently has over 1,000 stations from more than 100 markets
On April 23, 2020, Radio.com streams were added to Sonos Radio, available in over 10 million homes globally.[102] A week later, Radio.com was added to Comcast televisions.[103]
The entire lineup of Locked On podcasts was added to Radio.com on February 10, 2021, following a content distribution partnership.[104]
The Radio.com app became the Audacy app when the company rebranded on March 30, 2021.[58]
In March 2022, The Audacy Digital Audience Network (ADAN) launched. This addressable aggregate of over 60 million listeners that other audio platforms and streaming platforms do not reach targets precise audiences at scale and delivers high-performing digital audio media strategies for Audacy’s advertising partners.[105]
In June 2023, Audacy extended digital distribution of its 250+ stations and entire podcast library to TuneIn. The deal expanded content availability to over 200 additional platforms and connected vehicles and devices, including Tesla, Rivian, Lucid, Bose, Samsung and Xbox, as well as on the TuneIn mobile app and TuneIn.com.[106]
Podcast
Audacy’s podcast network include Cadence13, Pineapple Street Media, and Podcorn. The network is one of the largest podcast platforms in the country (3000 podcasts) with an ever-expanding roster. The network has garnered over two billion downloads, including 30 million monthly unique listeners.[107]
In 2019, Entercom announced its acquisition of Pineapple Street Media, a podcast producer, and the remaining portion of Cadence13.[108] In 2021, Entercom acquired podcast ad network Podcorn, a deal valued at $22.5 million.[109]
In March 2024, Audacy began to consolidate its podcast business under the new name Audacy Podcasts. The company sunsetted Cadence13 and 2400Sports as standalone, branded studios. Pineapple Street Studios remained as Audacy’s premium production studio for third-party partners: HBO, Netflix, Nike, Amazon Music/Wondery, and Spotify.[110]
Cadence13, a division of Audacy, is a former podcast studio based out of New York City.[111] David Landau, Spencer Brown and Chris Corcoran founded Cadence13 as DGital Media alongside Michael Rolnick, a venture capitalist, in 2015.[112] In 2017, Entercom purchased a 45 percent stake in DGital Media for $9.7 million[112] and the company changed its name to Cadence13.[113] The company produced podcasts for Pulitzer Prize-winning historian and author Jon Meacham[114] and NBA star Kevin Durant.[115] The brand was sunset as a standalone studio brand as part of consolidation efforts in March 2024.[116]
Pineapple Street Studios is a podcast studio based in Brooklyn, New York. Originally named Pineapple Street Media, the company was founded in 2016 by former BuzzFeed head of audio Jenna Weiss-Berman and Longform co-founder Max Linsky. In August 2019, Pineapple Street was acquired by Entercom and renamed Pineapple Street Studios.[117]
Podcorn
Podcorn facilitates podcast ad campaigns and enables direct podcasters and advertisers to have direct relationships. Using algorithms, it matches podcasters to the most relevant brands.[118]
The platform was founded by Agnes Kozera and David Kierzkowski following the acquisition by Google of their previous company FameBit, the leading marketplace for video influencers where brands and YouTube stars collaborated for branded content.[118]
Sports
In April 2024, Audacy unveiled Audacy Sports, a new vertical representing the Company’s portfolio of 40 owned-and-operated all-sports stations and affiliates, 160 sports streaming channels on the Audacy app, and the No 1. sports podcast network featuring over 600 titles and live events.[119] Audacy Sports also serves as the home to 150 professional and collegiate teams including play-by-play broadcasts, and produces two national multiplatform sports networks, both distributed in partnership with Westwood One: Infinity Sports Network (formerly known as CBS Sports Radio) with over 300 U.S. affiliates and BetQL Network. Audacy Sports serves as the official audio and podcast partner of Major League Baseball, granting exclusive access to inventory for streaming audio play-by-play in both English and Spanish and official podcasts for the league.[119]
Sports betting
On September 3, 2019, Entercom’s RADIO.COM Sports signed a content distribution partnership with sports betting content platform The Action Network that will include updates on Entercom Sports format stations and podcasts on RADIO.COM.[120]
In late 2020, Entercom expanded into sports betting with a six-year partnership to make FanDuel its official sportsbook.[121] As part of the deal, FanDuel promotions and betting odds would be aired on Entercom stations. The gaming brand would also have access to Entercom talent in markets where both companies operate.
Just weeks after announcing a partnership with FanDuel, Entercom acquired sports data and iGaming affiliate platform QL Gaming Group in an all-cash deal for approximately $32 million.[122] Following the acquisition of QL Gaming Group, Entercom launched “BetQL Network” on RADIO.COM on January 25, 2021. The network serves as home for the company’s sports betting content from its sports stations nationwide and is currently available over-the-air in several markets nationwide and digitally via the Audacy app.[123]
In March 2021, Entercom and Rush Street Interactive (RSI) reached a multi-year partnership surrounding several sports betting audio initiatives. As part of this agreement, BetRivers, RSI’s flagship brand and online sportsbook, will be the official title sponsor of Radio.com’s You Better You Bet podcast.[124]
In June 2022, BetMGM became the exclusive sportsbook of BetQL Network.[125]
Corporate social responsibility
On Suicide Prevention Day in 2017 Entercom launched “I’m Listening,” a program dedicated to ending the stigma of talking about Mental Health.[126]
In September 2018, Entercom's social responsibility platform Entercom Serves began in order to focus on important issues in the communities the company serves including children’s health, diversity, civic education, the environment, mental health and the military community.[127] Later that year, Entercom launched CHANNEL Q, an LGBTQ+ Talk Radio Network providing LGBTQ+ news and information, pop culture and new music.[128]
Each year, Audacy conducts volunteer events nationwide as part of its 1Day1Thing initiative. The series of events engage employees across the company and aim to make a positive impact on the communities in which the company serves and the planet.[129]
Live experiences
Each year, Audacy operates many live events, including We Can Survive,[130] Leading Ladies, Almost Acoustic Christmas, Riptide[131] and Stars & Strings in various cities throughout the country.[132]
CBS Radio was a radio broadcasting company and radio network operator owned by CBS Corporation and founded in 1928, with consolidated radio station groups owned by CBS and Westinghouse Broadcasting/Group W since the 1920s, and Infinity Broadcasting since the 1970s. The broadcasting company was sold to Entercom on November 17, 2017.
Eventful is an online calendar and events discovery service owned by Audacy, Inc. The service allows users to search for and track upcoming entertainment events in their area involving specific performers, indicate and share their intent to attend certain events, and indicate their "demand" for certain acts to appear in their region. As of February 2021, the site has been replaced by a link to Entercom's radio.com site, which includes a limited music-event-listing functionality.
WHSQ is a radio station in New York City. Owned by Audacy, Inc. and operated by Good Karma Brands (GKB) under a local marketing agreement (LMA), it broadcasts a sports radio format as the co-flagship of the ESPN Radio network. The station's transmitter is located on High Island in the Bronx; its 50,000-watt clear channel signal can be heard at night throughout much of the eastern United States and Eastern Canada.
KRLD is a commercial AM radio station in Dallas, Texas. Owned and operated by Audacy, Inc., the station runs news blocks during morning and afternoon drive time, with talk shows the rest of the day. Syndicated shows include The Chad Benson Show, The Dave Ramsey Show, Our American Stories with Lee Habeeb and America in the Morning with John Trout. Some weekend hours carry paid brokered programming. Most hours begin with CBS News Radio. The studios and offices are in Uptown Dallas.
KLUC-FM is a commercial radio station in Las Vegas, Nevada, airing a Top 40/CHR format. Owned by Audacy, Inc., the station's studios are on South Tenaya Way at West Warm Springs Road in Spring Valley, using a Las Vegas address.
KMXB is a commercial radio station licensed to Henderson, Nevada, and serving the Las Vegas radio market. KMXB airs a hot adult contemporary radio format and is owned by Audacy, Inc. The station's studios and offices are located in the unincorporated Clark County community of Spring Valley, while its transmitter is atop Black Mountain in Henderson.
KXST was a commercial radio station licensed to North Las Vegas, Nevada, and broadcasting to the Las Vegas metropolitan area. The station was owned by Audacy, Inc. It aired a sports radio and sports betting format, primarily from the co-owned BetQL Network and the CBS Sports Radio Network. That programming continues on 98.5 KLUC-FM-HD2, also owned by Audacy.
WJFK is a commercial AM radio station broadcasting a sports gambling radio format. Licensed to Morningside, Maryland, and serving the Washington metropolitan area, the station is owned by Audacy, Inc. The radio studios are in Southeast DC in the Navy Yard neighborhood. Programming is supplied by the co-owned BetQL Network and Infinity Sports Network.
WQAM is a commercial radio station in Miami, Florida. It broadcasts a sports radio format and is owned by Audacy, Inc. The studios are in Audacy's Miami office on Northeast Second Avenue. Weekdays on WQAM begin with The Joe Rose Show, hosted by the former Miami Dolphins tight end. He's followed by Tobin & Leroy. In afternoon drive time, Hochman & Crowder are heard. Nights and weekends feature syndicated shows from Infinity Sports Network and the BetQL Network.
Infinity Broadcasting Corporation was a radio company that existed from 1972 until 2005. It was founded by Michael A. Wiener and Gerald Carrus. It became associated with popular radio personalities like Howard Stern, Opie and Anthony, Don Imus and Mike Francesa. Infinity merged with CBS Corporation in 1997 and later became part of Viacom in 2000, when CBS and Viacom merged, serving as the radio division of CBS. After the Viacom split in 2005, Infinity changed its name to CBS Radio; the company would later merge with Entercom, presently known as Audacy, Inc.
KIKK is a daytime-only station, licensed to Pasadena, Texas, which broadcasts a sports gambling format under ownership of Audacy, Inc. Its studios are located in the Greenway Plaza district of Houston, and its transmitter is located in Pasadena. While it only broadcasts during daytime hours at 250 watts, KIKK's low frequency gives the station a large coverage area, stretching from Flatonia, Texas to the west, and past Lake Charles, Louisiana to the east.
WAXY is an AM radio station licensed to South Miami, Florida, with a Spanish adult contemporary and conservative talk format. The station is owned by Audacy, Inc. Its studios are located in Audacy's Miami office on Northwest Second Avenue, and its transmitter is in Everglades National Park.
WKIS is a commercial radio station licensed to Boca Raton, Florida, and serving South Florida. It is owned by Audacy, Inc. and airs a country music radio format. Its studios are located in Audacy's Miami office on Northeast Second Avenue. The transmitter tower is off NW 210 Street in Miami Gardens, shared with WTVJ.
WROC, currently branded as 95.7 The Fan, is an AM radio station licensed to Rochester, New York, airing a sports radio format. The format is closely affiliated with Buffalo sister station WGR, and carries content from Infinity Sports Network, the BetQL Network, and local shows, along with play-by-play from teams owned by Pegula Sports and Entertainment. The station's studios are located at High Falls Studios downtown, and its transmitter tower is on Rochester's southside near the I-390/I-590 freeway interchange.
TuneIn is a global audio streaming service providing news, radio, sports, music, and podcasts to over 75 million monthly active users.
Infinity Sports Network is an American sports radio network. It debuted as CBS Sports Radio with hourly sports news updates on September 4, 2012, and with 24/7 programming on January 2, 2013.
Mike Dee is an American sports and media executive who is currently president of Sports for Audacy, Inc., the largest audio rights holder of professional teams and sports talk radio in the United States. He is the former chief executive officer of the San Diego Padres of Major League Baseball and the Miami Dolphins of the National Football League. Dee also served as the chief operating officer of the Boston Red Sox and as president of Fenway Sports Group. While with the Red Sox, the team won two World Series titles.
Audacy, previously known as Radio.com, is a free broadcast and Internet radio platform developed by the namesake company Audacy, Inc.. The Audacy platform functions as a music recommender system and is the national umbrella brand for the company's radio network aggregating its over 235 local radio stations across the United States. In addition, the service includes thousands of podcasts created for the platform, hosted elsewhere or station programming on demand. It was initially developed by CBS Radio and was acquired by the former Entercom as part of the company's takeover of CBS Radio. The service's main competitors are rival station groups iHeartMedia's iHeartRadio and TuneIn. Audacy is available online via mobile devices and devices such as Chromecast and Amazon Fire TV.
Pineapple Street Studios is a podcast studio based in Brooklyn, New York. In August 2019, it was acquired by Entercom. Pineapple's work includes multi-episode narratives, investigative journalism, branded podcasts, and talk shows. They have created series for companies like Nike, Hulu, Netflix, HBO, and The New York Times. In 2020, they led all podcast companies with two Peabody Award nominations, for The Catch and Kill Podcast with Ronan Farrow and Running From Cops. Twelve of their shows have reached #1 on Apple Podcasts.
Cadence13 was a media company based in New York City that created, distributed, and monetized audio content, primarily podcasts. The company was founded in 2015 and was a division of Audacy, Inc. The company was helmed by chief executive officer Spencer Brown, Chief Content Officer Chris Corcoran and President John Murphy. It was a major podcasting network and has produced podcasts for actor Joseph Gordon-Levitt, reality star Lauren Conrad, journalist Neil Strauss, and author Rachel Hollis. Cadence13 had partnerships with several other companies, including Goop, Crooked Media, and Tenderfoot TV.
† = Operated by Bloomberg L.P. pursuant to a time brokerage agreement.
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$1.463 billion (2018)
-$361 million (2018)
