Townsquare Media Group is a diversified media, entertainment and digital marketing services company that owns and operates radio, digital and live event properties. The Company specializes in creating and distributing original entertainment, music and lifestyle content. Its assets include 243 radio stations, >250 local companion websites in 51 small to mid-sized markets, >350 live music and non-music events annually and certain national digital properties including Taste of Country, Diffuser.fm, Ultimate Classic Rock, Loudwire, The FW, GuySpeed, ScreenCrush and PopCrush, as well as a network of music and entertainment digital properties reaching over 60 million US unique visitors and E-commerce business Seize the Deal. Additionally, Townsquare Media also operates Townsquare Cares, a non-profit organization that seeks to better the lives of troops and their families. Funds managed by Oaktree Capital Management are the Company’s largest equity holder.
Steven Price: Chairman and Chief Executive Officer
Mr. Price joined Townsquare Media in 2010 and is the Co-Founder and Managing Director of FiveWire Media Ventures. Prior to co-founding FiveWire, Mr. Price was a Senior Managing Director at New York-based private equity firm Centerbridge Partners and, before that, he held a similar position at Spectrum Equity Investors. Before joining the private equity business, Mr. Price served in the Pentagon as Deputy Assistant Secretary of Defense (Spectrum, Space, and Communications). Prior to joining the Pentagon, he served as President and CEO of LiveWire Ventures, a software and services company he founded with Mr. Rosenstein. Mr. Price was also formerly the President and CEO of PriCellular Corporation, a publicly traded cellular phone operator focused on small to mid-sized markets, which was sold in 1998 for $1.4 billion. Earlier in his career, Mr. Price worked as an attorney at Davis, Polk & Wardwell and as an investment banker at Goldman Sachs.
Mr. Price graduated Phi Beta Kappa, magna cum laude from Brown University and earned a J.D. from the Columbia University School of Law. Among other activities, he is a member of the Council on Foreign Relations and is a consultant to the Army Science Board and the Defense Business Board.
Stuart Rosenstein: Executive Vice President and Chief Financial Officer
Mr. Rosenstein joined Townsquare Media in 2010 and is the Co-Founder and Managing Director of FiveWire Media Ventures. Prior to co-founding FiveWire, Mr. Rosenstein was previously the owner and managing principal of AMG Financial, a $100 million private lending firm that extended financing and provided collateralized loans and other services principally to the real estate industry. Prior to founding AMG Financial, he co-founded LiveWire Ventures with Mr. Price and served as the company’s Executive Vice President and Chief Financial Officer. Prior to that, he served as the Executive Vice President and Chief Financial Officer of PriCellular Corporation. Mr. Rosenstein started his career at Ernst & Young and was a senior manager at the firm until leaving to join PriCellular in 1990.
Mr. Rosenstein earned his B.S. in Business Administration (Accounting) from the State University of New York at Buffalo. He is a member of the American Institute of Certified Public Accountants (AICPA) and the New York Society of Certified Public Accountants.
Bill Wilson: Executive Vice President and Chief Digital Officer
Mr. Wilson joined Townsquare Media in 2010. Previously, Mr. Wilson was President of AOL Media where he had overall responsibility for the Company’s global content strategy. In his nine years at AOL, he also served in a number of roles including President, AOL Programming & Studios and Executive Vice President, AOL Programming. Under his leadership, AOL’s content sites grew to reach more than 75 million monthly unique visitors domestically and over 150 million worldwide. Prior to joining AOL in 2001, Mr. Wilson served as Senior Vice President for Worldwide Marketing at Bertelsmann Music Group (BMG), where he was responsible for worldwide marketing including artist, digital and non-traditional marketing across over 50 countries for the world’s biggest artists including Christina Aguilera, Dave Matthews Band, Outkast, Whitney Houston and Santana. Mr. Wilson started his career at BMG subsidiary Arista Records where he was a product manager working with artists across numerous genres including Notorious B.I.G., Kenny G, Sarah McLachlan and Spiritualized.
Mr. Wilson won an Emmy Award in 2006 for the record setting Live 8 program and was named to the Hollywood Reporter’s “Digital Power List” in 2008 which profiles the 50 people most influencing the creation and distribution of content online. In addition, he was profiled in Crain’s New York Business’ “40 under Forty” in 2005, Billboard’s “Power Players” in Digital Entertainment in 2005, as well as Hollywood Reporter’s “Next Generation” in 2003.
Mr. Wilson graduated summa cum laude from the State University of New York at Stony Brook with a B.A. in economics and a B.S. in business management and earned an M.B.A. with honors in finance and marketing from Rutgers University’s Graduate School of Management. He is based in Connecticut.
Alex Berkett: Executive Vice President, Business Development and Mergers and Acquisitions
Mr. Berkett joined Townsquare Media in 2010 and is a Managing Director of FiveWire Media Ventures, which he joined at its inception. Prior to joining FiveWire, Mr. Berkett worked in J.P. Morgan’s Technology, Media & Telecom Investment Banking Group, which he joined following the firm’s acquisition of Bear, Stearns & Co. Inc. Mr. Berkett spent 11 years in the investment banking division of Bear Stearns, most recently as a Managing Director, focused on mergers and acquisitions for media and entertainment companies. During his tenure at Bear Stearns, he worked on a variety of transactions across numerous media sectors and was responsible for the execution of multi-billion dollar transactions for such clients as Time Warner, Walt Disney, Time Warner Cable, Viacom, The News Corporation, Digitas, and Take-Two Interactive Software. While at Bear Stearns, Mr. Berkett was involved in transactions totaling over $175 billion in aggregate value.
Mr. Berkett received a B.A. summa cum laude from the University of Pennsylvania. He serves on the Council of the Fresh Air Fund.
Erik Hellum: Executive Vice President, Radio
Mr. Hellum joined Townsquare Media in 2010 following the acquisition of GAP Radio Broadcasting, where he served as President of GAP West since 2008. Prior to joining GAP West, Mr. Hellum worked at Bonneville International Communications, where he spent 2 years as Vice President/Market Manager of WIL/WRTH in St. Louis, MO and 4 years as Vice President/Market Manager of KTAR/KPKX/KMVP in Phoenix, AZ. Previously, Mr. Hellum was Vice President – Sales for AMFM and oversaw Clear Channel’s early cross-platform sales efforts. He began his career at Katz Radio, where he held positions of increasing responsibility in Boston, Philadelphia, Chicago, Los Angeles, and New York.
Mr. Hellum received a B.A. from the University of Wisconsin. He serves on the Boards of Directors of the Walter Cronkite School of Journalism Endowment and Friends of Public Radio Arizona.
Dhruv Prasad: Executive Vice President, Live Events
Mr. Prasad joined Townsquare Media in 2010 and is a Managing Director of FiveWire Media Ventures, which he joined at its inception. Prior to joining FiveWire, Mr. Prasad spent nearly a decade in private equity investing and corporate finance, completing transactions in media, communications, financial services, real estate, and energy/infrastructure. Most recently, he was with Thomas H. Lee Partners, a $22 billion global private equity firm based in Boston. Previously, Mr. Prasad worked at the Texas Pacific Group and Spectrum Equity Investors, where he first worked directly with Mr. Price. He began his career in the investment banking division of Salomon Smith Barney, where he worked in New York and Hong Kong.
Mr. Prasad received an A.B. cum laude from Dartmouth College and an M.B.A. from the Wharton School at the University of Pennsylvania.