Townsquare Media, Inc. (Townsquare), formally Townsquare Media, LLC is an integrated and diversified media and entertainment and digital marketing services company. The Company owns and operates radio stations, digital and social properties and live events in small and mid-sized markets across the United States. The Company supplements its local offerings with its owned, operated and affiliated music and entertainment websites. Funds managed by Oaktree Capital Management are the Company�s equity holder. The Company�s local advertising provides advertising through broadcast and digital delivery within its local markets. Its primary source of local advertising is the sale of advertising and sponsorship on its radio stations, local companion Websites, radio stations� online streams and mobile applications. The Company�s other media and entertainment business is composed of live events, digital marketing services offering, e-commerce offering and national digital assets.