Wikipedia

Audacy, Inc.

(Redirected fromEntercom Communications)
This article is about the company formerly known as Entercom. For its Internet radio service, seeAudacy.

Audacy, Inc.is an American broadcasting company based inPhiladelphia,Pennsylvania.Founded in 1968 asEntercom Communications Corp.,it is the second largest radio company in the United States, owning over 220 radio stations across 47media markets.[3]

Audacy, Inc.
FormerlyEntercom Communications Corporation (1968–2021)
Company typePrivate
AUDAQ(2023–2024)
NYSE:AUD (2021–2023)
NYSE:ETM (1999–2021)
Russell 2000component
IndustryBroadcasting
Predecessors
FoundedOctober 21, 1968;56 years ago(1968-10-21)
Headquarters
Philadelphia,Pennsylvania
,
U.S.
Areas served
Nationwide
Key people
  • David Field (CEO)
  • Susan Larkin (COO)
  • Richard Schmaeling (CFO)
  • JD Crowley (CDO)
  • Brian Benedik (CRO)
  • Andrew Sutor (EVP,GC)
  • Paul Suchman (CMO)
  • Sarah Foss (CTO)
  • Jeff Sottolano (CPO)
  • Elizabeth Bramowski (Chief Accounting Officer & Controller)
  • Jenna Weiss-Berman, EVP, Podcasts
Services
RevenueIncrease$1.463 billion (2018)
Increase$250 million (2018)
Decrease-$361 million (2018)
Subsidiaries
Websiteaudacyinc
Footnotes / references
[1][2]

In November 2017, the company merged withCBS Radio.The transaction was structured as an exchange offer whereby owners ofCBS Corporationcommon shares (i.e., not the multiple-voting shares held by CBS Corp parent companyNational Amusements) at the time of the merger could elect to exchange their shares for Entercom shares corresponding to a 72% stake in the combined company.[4][5]The company changed its name from Entercom to Audacy on March 30, 2021. On April 9, theticker symbolon theNew York Stock Exchangechanged from "ETM" to "AUD".[6]

On January 7, 2024, Audacy announced that it had filed for a prepackaged Chapter 11 bankruptcy, citing approximately $1.9 billion in debt.[7]

History

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Final logo used under the Entercom brand

Joseph M. Field founded the company asEntertainment Communications(which would later be shortened toEntercom) on October 21, 1968, on the conviction thatFM broadcasting,then in its infancy, would eventually surpass AM broadcasting as the leading radio broadcast band.[8]

Acquisitions

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During the 1990s, theFederal Communications Commission's regulations on the ownership of multiple radio stations were eased, beginning with the introduction of duopoly rules, which allowed a company to own two stations in each radio market. Entercom took advantage of the change to expand its presence in the markets where it already operated. In April 1995, the company paid $24.5 million for three stations in Portland, Oregon, acquiringKGON,a classic rock station;KFXX,an all-sports station; andKMUZ-FM, a modern rock station.[8][9]

In January 1999, Entercom went public in anIPOin which it raised around $236 million.[8]In July 1999, the company purchased 43 radio stations fromSinclair Broadcast Groupfor $821.5 million in cash.[10]It was Entercom's largest deal to date.[11]The deal included stations in eight markets,Kansas City, Missouri;Milwaukee;New Orleans;Memphis, Tennessee;Buffalo, New York;Norfolk, Virginia;andScranton/Wilkes-Barre, Pennsylvania.The deal more than doubled both the number of stations under the company's control, and the number of markets in which it had stations. The acquisition made Entercom the fifth-largest radio broadcaster in the United States, with 88 stations in 17 markets.[11][12]That year, Entercom announced that it would direct its radio stations not to play songs that promoted violence.[13][14]

On August 21, 2006, Entercom agreed to buy 15 mid-market stations fromCBS Radio.Locations includedAustin, Texas;Cincinnati;Memphis, Tennessee; andRochester, New York.[15]Due to ownership limitations set by the FCC, Entercom had to sell three of its stations in the Rochester market; these were acquired byStephens Media Group.[16]Shortly after the transaction, the company exited the Cincinnati market by trading all four of its stations in Cincinnati and three of its stations in Seattle in exchange for three stations in San Francisco in a deal withBonneville International.[17]

On December 8, 2014, Entercom announced its acquisition ofLincoln Financial Mediafor $105 million; the deal gave the company 14 additional stations inAtlanta;Denver;Miami;andSan Diego.To comply with FCC ownership limits in the Denver market and DOJ antitrust concerns, Entercom entered into an exchange agreement with Bonneville under which Entercom exchanged four stations in Denver for classic rock stationKSWDin Los Angeles and $5 million in additional consideration. The stations Entercom exchanged with Bonneville were KOSI-FM, KYGO-FM, KKFN-FM and KEPN-AM. Entercom previously owned KOSI-FM, while the remaining stations were acquired through the acquisition of LFM.

Entercom and Bonneville began operating the exchanged stations under time brokerage agreement (TBAs) once the LFM transaction was completed.[18][19]In November 2015, the swap deal was closed successfully.[20]

In October 2016, Entercom announced that it would acquire four radio stations inCharlotte, North Carolina,fromBeasley Broadcast Groupfor $24 million in cash. The deal closed in January 2017 andWBT AM/FM,WLNK-FM andWFNZ-AM joined Entercom.[21]

On August 3, 2017, Entercom announced the purchase of a 45% stake inCadence13(formerly DGital Media),[22]astartupthat handled ad sales and distribution for podcasts, includingPod Save America,Recode DecodeandThe Tony Kornheiser Show.[23]

On February 13, 2019, Entercom announced that it would trade its Indianapolis cluster (WNTR,WXNT,andWZPL) toCumulus MediaforWNSH(now WXBK) inNew York City,WMAS-FMinEnfield, Connecticut,andWHLLinSpringfield, Massachusetts.Both companies began operating their newly acquired stations via LMA on March 1;[24]the swap was completed on May 13, 2019.[25]

In March 2021, Entercom acquired podcast ad network Podcorn in a deal valued at $22.5 million.[26]The company also reached a long-term licensing agreement with Global Music Rights (GMR), allowing the company to perform all of the songs from songwriters and publishers represented by theperformance rights organization.[27]

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In 2006, Entercom was investigated forpayolaand fined $4.45 million by the FCC.[12][28][29][30]Then New York State Attorney GeneralEliot Spitzeralso brought suit in theNew York Supreme Court,before judgeIra Gammerman,which settled.[31][32]

In 2007, Entercom stationKDNDwas sued after a participant in a "Hold Your Wee For aWii"contest held by the station's morning show died ofwater intoxication.[33]

Merger with CBS Radio

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On February 2, 2017, Entercom announced that it had agreed to merge withCBS Radio.The purchase will give Entercom operations in 23 of the top 25 markets, and make it the second-largest owner of radio stations in the US, behindiHeartMedia.Under the terms of theReverse Morris Trust,the company would retain the Entercom name, board of directors and base of operations, but CBS shareholders would hold 72% of its stock.[34]The company also shut downKDNDin Sacramento and returned its license to the FCC, with its programming moved to sister stationKUDL.The FCC had designated that the renewal of KDND's license would be subject to a hearing over allegations it had failed to operate in the public interest.[33]

On September 26, 2017,KSOQ-FM,WGGIandKSWDwere sold to theEducational Media Foundation.[35]KSWD and WGGI affiliated with the EMF'sK-LoveChristian music network, and KSOQ with itsAir1network.[36]

To comply with federal ownership caps, Entercom stated that it would divest at least 15 stations.[34]On November 1, 2017, Entercom announced a settlement with the Department of Justice, which allowed the merger with CBS Radio.[37]The company also announced a series of asset exchange agreements withiHeartMediaand Beasley Broadcast Group inBoston,Seattle,RichmondandChattanooga;andlocal marketing agreementswith Bonneville International Corporation inSan FranciscoandSacramento.[38]

Stations divested to iHeartMedia
Location Owner Station Format
Boston CBS Radio WBZ (AM) News
Boston CBS Radio WZLX Classic Rock
Boston Entercom WKAF Urban Adult Contemporary
Boston Entercom WRKO News/Talk
Seattle CBS Radio KFNQ Sports
Seattle CBS Radio KJAQ Adult Hits
Seattle CBS Radio KZOK-FM Classic Rock
iHeartMedia stations acquired by Entercom
Location Station Format
Chattanooga WLND Adult Hits
Chattanooga WKXJ Top 40
Chattanooga WRXR-FM Active Rock
Chattanooga WUSY Country
Richmond WBTJ Urban
Richmond WRNL Sports
Richmond WRVA News/Talk
Richmond WRVQ Top 40
Richmond WRXL Alternative Rock
Richmond WTVR-FM Adult Contemporary
Stations divested to Beasley
Location Owner Station Format
Boston CBS Radio WBZ-FM Sports
Beasley stations acquired by Entercom
Location Station Format
Boston WMJX Adult Contemporary
Stations operated by, and later sold to, Bonneville
Location Owner Station Format
San Francisco CBS Radio KMVQ-FM Top 40
San Francisco Entercom KBLX-FM Urban Adult Contemporary
San Francisco Entercom KOIT Adult Contemporary
San Francisco Entercom KUFX Classic Rock
Sacramento CBS Radio KHTK Sports
Sacramento CBS Radio KNCI Country
Sacramento CBS Radio KYMX Adult Contemporary
Sacramento CBS Radio KZZO Hot Adult Contemporary

[39][37]

On November 9, 2017, the FCC gave the final approval needed for the Entercom merger by granting two 6-month waivers for market station limits in Miami and San Francisco.[40]The merger occurred at midnight on November 17, 2017.[41]Later that day, Entercom would switchWBMPin New York to alternative.[42]This would then be followed up byWJMKin Chicago's switch to classic hip-hop andKVILin Dallas-Ft. Worth's flip to alternative.[43]The company also introduced a new corporate logo as well as other corporate strategy changes.[44]The Entercom Divestiture Trust then entered into agreements with Bonneville International to operate its stations on their behalf.[39]

Shortly afterward, the company announced renewed radio broadcasting partnerships with theMinnesota TwinsandPhiladelphia Eagles.[45][46]The company also has partnerships with additional professional teams including theNew York Yankees,Boston Red Sox,Dallas CowboysandDetroit Red Wings.[47]

On July 19, 2018, Entercom announced that it would acquire Philadelphia market-leaderWBEBfromJerry LeeRadio for $57.5 million.WXTUwas divested back to its previous owner,Beasley Broadcast Group,to comply with ownership limits.[48][49]

On August 3, 2018, Entercom announced that Bonneville would buy all eight stations for $141 million, which the company had been operating under LMA since after the merger with CBS Radio.[50]The deal was completed on September 21, 2018.

Radio

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On June 25, 2018, Entercom announced that Radio would become the exclusive streaming portal for all of its stations, beginning with its legacy stations on July 6, and former CBS Radio stations beginning August 1, ending its relationship with the third-party serviceTuneIn.All Entercom properties were also branded on-air as "A Radio station".[51]

Following the termination of its deal with United States Traffic Network, Entercom launched an internal Traffic Weather and Information Network (TWIN) in August 2018.[52]

In February 2019 Radio Sports was created, featuring appearances from experts on Entercom sports stations across the country.Mercedes-Benzwas the first sponsor to sign on as a brand partner.[53]

On August 19, 2019, Entercom launched the Radio Sports Digital Network, a collection of daily live audio and video programming from the company’s sports stations.[54]Later that month, Paul Suchman became the company’s Chief Marketing Officer.[55]

In September 2019, Entercom partnered with Apple to integrate its news, sports and music stations into the Apple iOS13 software[56]and soon after, the company expanded RADIO.COM’s accessibility onto Samsung’s Bixby marketplace.[57]

Radio was relaunched as the Audacy app and website as part of the company’s 2021 rebrand.[58]

Developments

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In May 2014, Entercom announced its launch of SmartReach Digital product line focused on creatingdigital marketingoptions for small and medium businesses.[59]

Early in 2020, Entercom opened a HD Radio Sound Space in Los Angeles as an event space and home for future live events. The space was opened with a live performance fromColdplay.[60]

In response to the COVID-19 pandemic, Entercom developed the Stay Connected programming that included "Heroes & Difference Makers," and "Love Local," and “I'm Listening: Stay Connected," a daily digital series on mental health hosted by "LOVELINE" 's Dr. Chris Donaghue.[61]

In 2022, Audacy announced plans to open a new studio on Broadway in Nashville, as part of the company’s partnership with Hard Rock International.[62]The studio opened in September 2024.[63]

In February 2023, Audacy released a ground-breaking study alongside research and analytics platform Veritonic that highlights how to make audio ads most effective.[64]

In March 2024, Audacy introduced dynamic AI and machine learning into its Ad Tech stack to help brands more precisely target podcast consumers. This capability will allow advertising partners to target messages that are aligned with podcast content.[65]

Rebranding

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On March 30, 2021, after more than 50 years as Entercom, the company rebranded as Audacy to clarify its position as a scaled multi-platform audio content and entertainment company. The Radio name was also rebranded as the Audacy app.[66]On the same day, Audacy and BetMGM agreed to a multi-year deal designating the sports betting and gaming platform as the preferred sports betting partner with Audacy.[67]

Emergence from Bankruptcy

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On May 16, 2023, Audacy wasdelistedfrom theNew York Stock Exchangedue to the company'scommon stocktrading at an abnormally low share price. Audacy announced their intention to appeal the exchange's decision while seeking areverse stock splitfrom their shareholders to remedy the situation.[68]However, in October 2023, Audacy's appeal was denied, and the NYSE continued to proceed in the process of delisting Audacy's stock, which became effective on November 10, 2023.[69]

In early January 2024, it was announced that Audacy would be preparing to file for bankruptcy within the upcoming weeks. On January 7, 2024, Audacy filed for prepackagedChapter 11 bankruptcyprotection. As part of the bankruptcy reorganization, Audacy has made a deal with its creditors to transfer control to them while cutting approximately $1.6 billion of its debt.[70]

On September 30, 2024, Audacy completed its financial restructuring, implementing a consensual, deleveraging transaction that equitized approximately $1.6 billion of funded debt, a reduction of 80% from approximately $1.9 billion to $350 million.[71]The company emerged with a total net leverage of approximately 2.7x, differentiated by its premium audio content.[72]

Tunein restoration

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On June 21, 2023, Audacy and TuneIn reached a new agreement and restored access of its stations to TuneIn users after a near five-year absence.[73]

Partnerships

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In April 2019, Entercom reached a distribution agreement withWaze,giving drivers the ability to access Radio 's podcasts and on-demand audio content through Waze.[74]

In September 2020Clark Atlanta Universitypartnered with Entercom, to give Mass Media Arts Students at the university access to company representatives in programming, sales, digital, and on-air talent.[75]

On October 21, 2020, Entercom announced a partnership with theNational Urban Leagueto advance racial justice and equity in the communities they serve.[76]

In 2020, Radio established partnerships with SoundHound Inc[77]and Beasley Media Group.[78]

Also in 2020, streaming platform Twitch added the video feeds from a number of Radio 's sports stations with branded channels[79]andGMadded Radio to its in-dash application in Chevrolet, GMC, Buick, and Cadillac vehicles.[80]

We Can Do Hard Things, a twice-weekly podcast hosted by #1 New York Times bestselling authorGlennon Doyle,her wifeAbby Wambach,and her sister Amanda Doyle joined Audacy in May, 2021. In its first year, it was the #1 top new show on Apple Podcasts.[81]

In August 2021, Audacy announced a content distribution partnership withUrban Oneto bring premium live and on-demand audio content to the Audacy digital platform.[82]The company announced a similar deal withCumulusthat same year.[83]

Audacy acquired an exclusive, perpetual license to WideOrbit’s digital audio streaming technology, related assets and operations of WO Streaming in October 2021. Audacy now operates WO Streaming under the name AmperWave.[84]

In December 2021, Audacy announced a multi-faceted partnership withHard Rock International.As part of the deal, Audacy and HRI partner on live events at a new performance space in New York City, as well as music festivals and Hard Rock Cafe events around the country.[62]

In January 2022, Audacy announced a content distribution partnership with Samsung that made Audacy’s entire podcast library available on Samsung platforms.[85]That same month, Audacy partnered withDana CarveyandDavid Spadefor Fly on the Wall, a weekly Saturday Night Live-focused podcast.[86]In February 2024, Audacy launched a weekly extension of the show called Superfly.[87]

In August 2022, Audacy and CBS Sports Digital announced a partnership where Audacy will be the exclusive, multi-year ad sales and distribution partner for CBS Sports' leading network of award-winning sports podcasts.[88]

In May 2023, Audacy announced a content distribution partnership withAllen Media Group.Through this new partnership, Audacy launched three new audio streams dedicated to three Allen Media Group weather and climate news networks: The Weather Channel television network, Pattrn and The Weather Channel en Español.[89]

In September 2023, Audacy announced a content distribution partnership withSpanish Broadcasting System (SBS)that will bring SBS’ complete portfolio of 13 stations to the Audacy app.[90]

In September 2023, Audacy partnered withAmy Poehler’s Paper Kite Productions for a three-season improvised comedy podcast franchise parodying and paying homage to popular themes in the podcast space including Say More with Dr? Sheila starring Poehler as a fictional therapist with questionable methods and credentials counseling a new couple every week.[91]

In November 2023, HBO’s Succession Podcast, created by Audacy’s Pineapple Street Studios, won Adweek’s Podcast of the Year award.[92]

In December 2023, Audacy and CBS stations announced a content distribution partnership that made audio simulcasts of the television news streams from 14 CBS-owned stations available on the Audacy app.[93]

In February 2024, Audacy announced a content distribution partnership with internet radio networkLive365.As part of the partnership, content from hundreds of Live365 stations spanning multiple genres became available on the Audacy platform.[94]

In March 2024, Audacy partnered withSuper Hi-Fi, the leader in AI-powered radio services for broadcast and digital media companies. Super Hi-Fi would equip Audacy’s portfolio of more than 700 exclusive stations with HLS+ technology, which merges live, linear radio broadcasting with elements of interactivity and personalization within a single audio stream.[95]The two companies later announced an expanded partnership to streamline Audacy's digital content production and broadcasting processes while creating stickier listener environments and more opportunities for advertisers to engage with them.[95]

In April 2024, Audacy announced a partnership with voice AI companyElevenLabs.[96]

In July 2024, Audacy Podcasts partnered with Jenna Fischer and Angela Kinsey to handle sales, distribution, and production for their series, "Office Ladies".[97]

In October 2024, Audacy partnered with Experian to track audience data and gain a more comprehensive view of listeners’ digital identifiers. By better understanding its consumers and their preferences, the company can provide more relevant content and offer more precise advertising solutions.[98]

Businesses

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Radio

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See also:List of radio stations owned by Audacy, Inc.

On March 30, 2021, Entercom rebranded as Audacy. With this rebranding, all Audacy stations are identified at the top of each hour as "An Audacy station." Or "Always Live On the Free Audacy App".

In July 2023, Audacy announced Launch, a music discovery program designed to spotlight emerging artists. Through broadcast and digital airplay, on-air artist vignettes, digital editorial and social content, Audacy introduces new artists to its millions of listeners and followers.[99]The program commenced with three Launch Artists:Jelly Roll,Warren ZeidersandDoechii.[99]

In May 2024, Audacy announced “On The Record,” a new album release initiative for the biggest stars in music.[100]

Digital

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Audacy app (formerly Radio )

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Main article:Audacy

As part of the company's merger with CBS Radio, Entercom acquiredRadio,Eventful,andplay.it.

The Audacy app, formerly known as Radio, is an integrated digital platform offering over 230 locally programmed radio stations and their websites.[101]Audacy currently has over 1,000 stations from more than 100 markets

On April 23, 2020, Radio streams were added to Sonos Radio, available in over 10 million homes globally.[102]A week later, Radio was added to Comcast televisions.[103]

The entire lineup of Locked On podcasts was added to Radio on February 10, 2021, following a content distribution partnership.[104]

The Radio app became theAudacy appwhen the company rebranded on March 30, 2021.[58]

In March 2022, The Audacy Digital Audience Network (ADAN) launched. This addressable aggregate of over 60 million listeners that other audio platforms and streaming platforms do not reach targets precise audiences at scale and delivers high-performing digital audio media strategies for Audacy’s advertising partners.[105]

In June 2023, Audacy extended digital distribution of its 250+ stations and entire podcast library toTuneIn.The deal expanded content availability to over 200 additional platforms and connected vehicles and devices, including Tesla, Rivian, Lucid, Bose, Samsung and Xbox, as well as on the TuneIn mobile app and TuneIn.[106]

Podcast

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Audacy’s podcast network includeCadence13,Pineapple Street Media,and Podcorn. The network is one of the largest podcast platforms in the country (3000 podcasts) with an ever-expanding roster. The network has garnered over two billion downloads, including 30 million monthly unique listeners.[107]

In 2019, Entercom announced its acquisition of Pineapple Street Media, a podcast producer, and the remaining portion of Cadence13.[108]In 2021, Entercom acquired podcast ad network Podcorn, a deal valued at $22.5 million.[109]

In March 2024, Audacy began to consolidate its podcast business under the new name Audacy Podcasts. The company sunsetted Cadence13 and 2400Sports as standalone, branded studios. Pineapple Street Studios remained as Audacy’s premium production studio for third-party partners: HBO, Netflix, Nike, Amazon Music/Wondery, and Spotify.[110]

Cadence13

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Main article:Cadence13

Cadence13, a division of Audacy, is a former podcast studio based out of New York City.[111]David Landau, Spencer Brown and Chris Corcoran founded Cadence13 as DGital Media alongside Michael Rolnick, aventure capitalist,in 2015.[112]In 2017, Entercom purchased a 45 percent stake in DGital Media for $9.7 million[112]and the company changed its name to Cadence13.[113]The company produced podcasts for Pulitzer Prize-winning historian and authorJon Meacham[114]and NBA starKevin Durant.[115]The brand was sunset as a standalone studio brand as part of consolidation efforts in March 2024.[116]

Pineapple Street Studios

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Main article:Pineapple Street Studios

Pineapple Street Studios is a podcast studio based inBrooklyn, New York.Originally named Pineapple Street Media, the company was founded in 2016 by formerBuzzFeedhead of audioJenna Weiss-Bermanand Longform co-founder Max Linsky. In August 2019, Pineapple Street was acquired by Entercom and renamed Pineapple Street Studios.[117]

Podcorn

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Podcorn facilitates podcast ad campaigns and enables direct podcasters and advertisers to have direct relationships. Using algorithms, it matches podcasters to the most relevant brands.[118]

The platform was founded by Agnes Kozera and David Kierzkowski following the acquisition by Google of their previous companyFameBit,the leading marketplace for video influencers where brands and YouTube stars collaborated for branded content.[118]

Sports

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In April 2024, Audacy unveiled Audacy Sports, a new vertical representing the Company’s portfolio of 40 owned-and-operated all-sports stations and affiliates, 160 sports streaming channels on the Audacy app, and the No 1. sports podcast network featuring over 600 titles and live events.[119]Audacy Sports also serves as the home to 150 professional and collegiate teams including play-by-play broadcasts, and produces two national multiplatform sports networks, both distributed in partnership withWestwood One:Infinity Sports Network(formerly known as CBS Sports Radio) with over 300 U.S. affiliates andBetQL Network.Audacy Sports serves as the official audio and podcast partner ofMajor League Baseball,granting exclusive access to inventory for streaming audio play-by-play in both English and Spanish and official podcasts for the league.[119]

Sports betting

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On September 3, 2019, Entercom’s RADIO.COM Sports signed a content distribution partnership with sports betting content platformThe Action Networkthat will include updates on Entercom Sports format stations and podcasts on RADIO.COM.[120]

In late 2020, Entercom expanded into sports betting with a six-year partnership to makeFanDuelits official sportsbook.[121]As part of the deal,FanDuelpromotions and betting odds would be aired on Entercom stations. The gaming brand would also have access to Entercom talent in markets where both companies operate.

Just weeks after announcing a partnership withFanDuel,Entercom acquired sports data and iGaming affiliate platform QL Gaming Group in an all-cash deal for approximately $32 million.[122]Following the acquisition of QL Gaming Group, Entercom launched “BetQL Network”on RADIO.COM on January 25, 2021. The network serves as home for the company’s sports betting content from its sports stations nationwide and is currently available over-the-air in several markets nationwide and digitally via the Audacy app.[123]

In March 2021, Entercom and Rush Street Interactive (RSI) reached a multi-year partnership surrounding several sports betting audio initiatives. As part of this agreement, BetRivers, RSI’s flagship brand and online sportsbook, will be the official title sponsor of Radio ’s You Better You Bet podcast.[124]

In June 2022, BetMGM became the exclusive sportsbook of BetQL Network.[125]

Corporate social responsibility

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On Suicide Prevention Day in 2017 Entercom launched “I’m Listening,” a program dedicated to ending the stigma of talking about Mental Health.[126]

In September 2018, Entercom's social responsibility platform Entercom Serves began in order to focus on important issues in the communities the company serves including children’s health, diversity, civic education, the environment, mental health and the military community.[127]Later that year, Entercom launched CHANNEL Q, an LGBTQ+ Talk Radio Network providing LGBTQ+ news and information, pop culture and new music.[128]

Each year, Audacy conducts volunteer events nationwide as part of its 1Day1Thing initiative. The series of events engage employees across the company and aim to make a positive impact on the communities in which the company serves and the planet.[129]

Live experiences

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Each year, Audacy operates many live events, including We Can Survive,[130]Leading Ladies, Almost Acoustic Christmas, Riptide[131]and Stars & Strings in various cities throughout the country.[132]

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