{"schema_version":"secwatch.filing_event.v1","accession":"0001499832-25-000038","form_type":"8-K","ticker":"TSQ","cik":"0001499832","company_name":"Townsquare Media, Inc.","filed_at":"2025-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.800324+00:00","generated_at":"2026-05-24T15:31:32.014086+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Townsquare Q4 net revenue +2.6% to $117.8M, Adj EBITDA +25.8%; dividend raised 1.3%","bullets":["Q4 net revenue $117.8M (+2.6% YoY); Adj EBITDA $31.2M (+25.8%); net income $25.0M vs loss $1.9M.","Full year net revenue $451.0M (-0.7%); Adj EBITDA $100.4M (+0.4%); net loss improved to $10.9M from $43.0M.","Digital Advertising net revenue +15.5% Q4; Subscription Digital Marketing Solutions +1.9% Q4.","Quarterly dividend raised to $0.20/share (+1.3%), payable May 1, 2025 to holders of record April 17.","Completed $490M debt refinancing (Term Loan B $470M + revolver $20M, due 2030); repurchased $36M debt and $24M equity in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001499832-25-000038","json":"https://secwatch.observer/filing/0001499832-25-000038.json","markdown":"https://secwatch.observer/filing/0001499832-25-000038.md","text":"https://secwatch.observer/filing/0001499832-25-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499832/000149983225000038/0001499832-25-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499832/000149983225000038/tsq-20250317.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T15:31:32.014086+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}