Audio & podcastsPrivate
Audacy
Major US radio group (formerly Entercom) that went private after a 2024 bankruptcy.
Philadelphia, Pennsylvania, USA · founded 1968 · audacyinc.com
What Audacy does
Audacy owns more than 200 radio stations and podcasts across the US. Weighed down by debt, it went through Chapter 11 bankruptcy in 2024 and emerged as a private company controlled by investors including Soros Fund Management.
It sells ads across broadcast, streaming and podcasts.
How it makes money
Radio, streaming and podcast advertising.
Where it meets invalid traffic
Applies standard digital audio measurement and verification practices.
Products
- Audacy app
- Audacy Podcasts
Quarterly revenue
From SEC XBRL filings · latest quarter +1.0% year on yearQuarterly net income
| Fiscal year | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.3B | $1.2B |
| Net income | $-242.2M | $-3.6M | $-140.7M | $-1.1B |
| Diluted EPS | $-1.80 | $-0.03 | $-30.44 | $-241.58 |