Audacy

Audacy is a prominent multi-platform audio content and entertainment company that engages with 200 million consumers each month. It operates one of the two scaled radio broadcasting groups in the United States and has a rapidly growing direct-to-consumer digital audio platform. Audacy is a major event producer and a leading podcast studio, with a portfolio of over 600 sports podcasts. In 2023, Triton named Audacy the #1 sports podcast network, with influential titles such as ‘You Better You Bet’ and ‘BetQL Daily’. The company has 31 all-sports stations across the U.S., 80 BetQL Network affiliates, and 160 sports streaming channels via the Audacy app, reaching over 40 million sports fans monthly. Audacy is the go-to destination for listening to games played by over 150 professional and collegiate teams. It has gained radio ratings share among Adults 25-54 for seven consecutive quarters through Q4, 2023, capturing its highest A25-54 market shares since January 2019. Audacy has also delivered consistent, strong increases in streaming audiences, with 14 consecutive months of double-digit unique listener growth through January. Audacy’s Pineapple Street Studios produces podcasts for partners including Amazon (Wondery), Netflix, and Spotify. The company’s restructuring will enable it to continue its strategic digital transformation, reducing its funded debt from approximately $1.6 billion to about $350 million, without impairing trade and other unsecured creditors. Audacy’s 4th annual Leading Ladies event celebrates Women’s History Month with performances from notable female artists. Additionally, Audacy has partnered with ElevenLabs to enhance its programming and production workflows using synthetic voice capabilities, aiming to create a robust library of voices for custom experiences for listeners and advertising clients.