Audacy, Inc.
AUDAQ
Other OTC0.16
USD
+0.00
- -
ISIN
US05070N2027
Return %
Stock
S&P500
1Y
-62.51
26.57
3Y
-95.53
76.60
5Y
-95.40
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- David J. Field
- Full Time Employees
- 3,530
- Sector
- Communication Services
- Industry
- Broadcasting
- Address
- 2400 Market Street Philadelphia PA United States of America 19103
- IPO Date
- Jan 29, 1999
- Website
- audacyinc.com
- Similar Companies
- Business
- Audacy, Inc. is a leading multi-platform audio content and entertainment company primarily engaged in radio broadcasting. Founded in 1968 and headquartered in Philadelphia, Pennsylvania, the company operates over 230 radio stations across 47 media markets in the United States. Its core offerings include a diverse array of radio formats such as news, sports, talk, classic rock, urban, adult contemporary, alternative, and country. Audacy also provides extensive digital streaming services via its Audacy app; produces and distributes original and licensed podcasts under the Audacy Podcasts brand; offers integrated marketing and advertising solutions across broadcast, digital, podcast, and event platforms; and develops live events including concerts and premium live experiences. Recent major changes include completing a significant financial restructuring in 2024 that reduced its funded debt from approximately $1.9 billion to $350 million and positioned it as a financially stronger and scalable multi-platform audio leader. The company accelerated its digital transformation strategy by consolidating podcast operations under the unified Audacy Podcasts brand in early 2024 and launching Audacy Sports to consolidate sports audio assets. In 2025, it entered a content distribution partnership with iHeartMedia and expanded its public affairs programming with series like "I'm Listening" and "Audacy Conversations." Operationally, Audacy conducted workforce reductions to streamline its business following bankruptcy proceedings, completed final bankruptcy case closure requests in early 2025, and transitioned towards private ownership for greater operational flexibility. It continues to invest in technology, including ad tech, AI, and data analytics, to enhance its content delivery and audience personalization capabilities. Audacy serves a broad customer base that includes local and national advertisers, radio listeners, digital audio consumers, podcast audiences, and live event attendees across the U.S. Its strategic focus on multi-platform audio content, technology-driven advertising solutions, and diversified revenue streams underpins its position as one of the largest audio entertainment companies in the country. The company's historical roots as Entercom Communications Corp., its headquarters in Philadelphia, and ongoing innovation in streaming technology and content creation form the basis of its market standing and growth ambitions.
Cumulus Media and Audacy Announce the Launch of Westwood One Sports 24/7 Programming
iHeartMedia and Audacy Announce Content Distribution Partnership
Audacy Announces Preemptive Rights Offering
Audacy Successfully Completes Financial Restructuring; Emerges as a Growing, Scaled, Multi-Platform Audio Leader With the Industry's Strongest Balance Sheet
Audacy Reports First Quarter Results