Audacy operates a large network of radio stations and develops digital audio products like streaming and podcasts. It runs live programming on AM/FM and distributes audio through apps and websites, with advertising as the main revenue source. It differentiates itself by combining a broad traditional radio footprint with a growing digital and podcast ecosystem to offer cross-channel reach for advertisers. Its goal is to restructure finances, become a private company with reduced debt, and expand its digital audio assets while keeping its established radio brands.
Company Size
11-50
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$19.6M
Headquarters
Green Tree, Pennsylvania
Founded
1968
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