Townsquare Media Hires Leading Transactional Executive
TOWNSQUARE MEDIA HIRES LEADING TRANSACTIONAL EXECUTIVE
Former Managing Director at MESA Securities
Joins Company as Senior Vice President, Corporate Strategy and Development
Greenwich, CT – March 6, 2013 – Townsquare Media Group announced today that Michael Josephs has joined the Company’s management team as Senior Vice President, Corporate Strategy and Development.
“We are thrilled to have Michael join the Townsquare Media team and oversee our continued expansion into new products and sectors,” commented Steven Price, Townsquare Media Group Chairman and CEO. “Michael has a strong track record of success in the mergers and acquisitions sector and will greatly increase our Company’s bandwidth to explore opportunities.”
Mr. Josephs was most recently a Managing Director at MESA Securities, an investment bank solely focused on the media and entertainment industry. While at MESA, he sourced and led advisory and financing opportunities for early and growth stage clients. Prior to MESA, he spent ten years at Credit Suisse and Merrill Lynch executing M&A and financing transactions for large capitalization media and entertainment companies. He was recently named to the Multichannel News 2013 Money All Star list. Mr. Josephs graduated from the University of Michigan.
“I am very excited to be joining Townsquare Media,” said Josephs. “After years of advising companies, I am delighted to be joining this smart, dynamic and motivated team that has already accomplished so much. I look forward to exploring opportunities to diversify the business and achieving the ultimate strategic vision on a local and national level.”
Mr. Josephs will be based at the Company’s headquarters in Greenwich, CT.
About Townsquare Media Group
Townsquare Media Group creates and distributes original and motivating media experiences that connect communities seamlessly with content they love, people they trust, products they want, and things that matter. We attract, engage, and activate audiences on a local and national basis through our unique mix of market-leading marquee entertainment properties. Our local business owns and operates 242 radio stations, over 250 companion websites, an e-commerce business (SeizeTheDeal.com), and approximately 500 annual live events in 51 small and medium-sized markets across the country. Our national business owns and operates leading music and entertainment-focused digital properties including TasteofCountry.com, Loudwire.com, ScreenCrush.com, and Guyspeed.com; several leading multi-day music festivals, including Mountain Jam and the Taste of Country Music Festival; a digital advertising network which reaches over 60 million unique visitors monthly; and a marketing services business which provides a turnkey web presence for small and medium-sized businesses. We also operate Townsquare Cares, a non-profit organization dedicated to helping our troops and their families. Funds managed by Oaktree Capital Management are the Company’s largest shareholder.