In the US, it was Townsquare’s turn to report that, with every passing quarter, radio has its sights set on returning to the days of old – 2019.
In Q4 Townsquare’s revenue decline of 3% was significantly better than the 35% decline in Q2 and 15% decline in Q3.
CEO Bill Wilson says Q4 exceeded the company’s expectations and expects to see even stronger results in 2021.