Audacy Overview
Industry: Radio broadcasting stations
Sector: Consumer Discretionary
Audacy, Inc., a multi-platform audio content and entertainment company, engages in the radio broadcasting business in the United States. The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others, as well as offers integrated marketing solutions across its broadcast, digital, podcast, and event platforms. It also broadcasts through its websites, podcasts, audio on-demand, and exclusive content. In addition, the company creates live and original events, including concerts and live performances. It offers its services under Audacy and AmperWave brands. The company was formerly known as Entercom Communications Corp. and changed its name to Audacy, Inc. in April 2021. Audacy, Inc. was founded in 1968 and is headquartered in Philadelphia, Pennsylvania. Audacy, Inc., a multi-platform audio content and entertainment company, engages in the radio broadcasting business in the United States. The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and oth Read MoreAudacy is evaluated based on the investment philosophy and approach to stock market investing developed by renowned investor Warren Buffett. Companies with high ratings typically exhibit growing earnings, a substantial profit margin, conservative leverage, a consistently high return on equity, and a sustained practice of repurchasing their shares over the years.
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