secwatch.observer — SEC 8-K summary
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Issuer:     Townsquare Media, Inc. (TSQ)
CIK:        0001499832
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0001499832-21-000077
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Townsquare reports all-time record Adj. EBITDA of $30.3M in Q2 2021; net revenue up 44.9% YoY
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- Net revenue of $107.3M (+44.9% YoY); net income of $10.1M vs. net loss of $26.8M in Q2 2020.
- Adjusted EBITDA of $30.3M, a company record, exceeding both guidance and 2019 levels.
- Digital net revenue grew 36% YoY, representing 47% of total net revenue in 1H 2021.
- Townsquare Interactive added ~1,350 net subscribers in Q2, an all-time quarterly record.
- Issued $550M of 6.875% senior secured notes due 2026; repurchased Oaktree's equity at a 19% discount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499832/000149983221000077/0001499832-21-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499832/000149983221000077/tsq-20210803.htm
  HTML page:      https://secwatch.observer/filing/0001499832-21-000077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer