Audacy

What Audacy does

Audacy is a publicly traded (ticker: AUD) multi-platform audio content and entertainment company headquartered in Philadelphia with corporate offices at 345 Hudson Street in New York. Originally founded in 1968 as Entercom, the company completed a transformative merger with CBS Radio in 2017 and rebranded to Audacy in 2021, and emerged from Chapter 11 bankruptcy protection in 2024 with reduced debt. The company operates 230+ broadcast radio brands spanning music/entertainment, sports, and news/talk formats, covering 90% of the top 45 U.S. markets and reaching approximately 165 million monthly broadcast listeners, complemented by digital distribution through the Audacy app and Audacy.com streaming platform hosting 1,000+ streaming stations and 60 million monthly digital audio users. Audacy's portfolio includes 44 million monthly podcast listeners, 40,000 micro-podcasts, 30 owned-and-operated all-sports stations, 5,000+ annual live game broadcasts, and a premium podcast network featuring Office Ladies, The Moth, and the Draymond Green Show. The company maintains a dedicated news portfolio with 8 of the top 9 U.S. news brands and BetMGM Network programming for sports betting content.

The core technology stack centers on AmperWave, Audacy's proprietary digital audio advertising platform hosting 2,300+ digital audio stations and supporting 15+ premium inventory partners, which powers the Audacy Digital Audience Network (ADAN) for programmatic ad-decisioning. Distribution spans 10,000+ device types through integrations with Amazon Alexa, Google Assistant, Apple CarPlay, Android Auto, Sonos, Roku, Waze, and Twitch. Newer technology initiatives include NextNet AI (an NVIDIA-powered AI search discoverability solution for LLM optimization launched January 2026), the Podscribe preferred measurement partnership (2026), and the MOGL athlete influencer AI matching platform (2025). Audacy holds six registered patents covering mobile application and streaming technology, and the company employs 4,000+ staff across 40+ U.S. market offices.

The business model is advertising-driven, with revenue derived from broadcast and digital audio advertising (host-read endorsements, pre-recorded ads, and programmatic placements across radio, streaming, and podcasts), digital subscriptions and premium services, and sports betting content partnerships. The go-to-market combines enterprise field sales targeting national advertisers and brands through direct sales teams with 550+ media and marketing consultants serving local and regional SMBs, complemented by direct-to-consumer distribution via the Audacy app, website streaming, and smart speaker integrations. Pricing is quote-based with monthly billing cadence and not publicly disclosed, consistent with an enterprise negotiation model. Named customers span home improvement (Home Depot, Lowe's), financial services (Wells Fargo), healthcare (BetterHelp), automotive (Toyota), energy drinks (C4 Energy), sports betting, and QSR verticals, with measurable case-study outcomes including 26,000 app installs at 3x lower cost per conversion versus projections.

Name

Audacy

Legal name

Audacy, Inc.

Website

https://audacyinc.com

Company type

Public

Founded year

1968

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Audacy is a publicly traded multi-platform audio content and entertainment company operating 230+ broadcast radio brands, the Audacy app, and a premium podcast network reaching 200+ million monthly listeners across the U.S. Its AmperWave ad-tech platform and NextNet AI discoverability tool monetize national advertisers and SMBs across broadcast, digital, and podcast inventory.

Ownership category

akta.pro rank

Product category

Radio Broadcasting & Digital Audio

NAICS

Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (5162)

SIC

Television Broadcasting Stations (4833), Cable & Other Pay Television Services (4841), Services-Advertising Agencies (7311)

akta.pro primary industry

Podcast Ad Sales Networks & Monetization Platforms (MPACADAD)

akta.pro secondary industries

Podcast Hosting, Distribution & Listening Platforms (BPAMAJAD), Podcast Networks & Studio Platforms (MPAIADAC)

Keywords

• Radio broadcasting
• Digital audio streaming
• Podcast network
• Audio advertising
• Sports audio content

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices43 records

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Advertising Revenue: Primary revenue stream from broadcast and digital audio advertising, including host-read endorsements, pre-recorded ads, and programmatic placements across radio, streaming, and podcast platforms
2. Digital Subscriptions/Premium Services: Revenue from premium digital audio subscriptions and fee-based services available through the Audacy app and digital platforms
3. Sports Betting Content Partnerships: Revenue from BetMGM Network programming and sports betting content integrations with advertiser campaigns

Pricing tiers

Go-to-market motion2 records

Distribution channels10 records

Marketing channels10 records

Core offering

Audacy operates a scaled multi-platform audio content and entertainment business that produces, aggregates, and distributes 230+ broadcast radio brands, 1,000+ streaming stations, and a premium podcast network reaching 200+ million monthly listeners across broadcast, digital, mobile, smart speakers, and in-car platforms. The company monetizes these audiences primarily through advertising solutions (host-read endorsements, pre-recorded spots, programmatic audio placements) via its proprietary AmperWave ad-tech platform, with supplementary revenue from premium digital subscriptions and sports betting content partnerships such as BetMGM Network.

Product overview

Audacy is a scaled multi-platform audio content and entertainment company operating as a platform-plus-distribution model. The core offering consists of 230+ broadcast radio brands (music/entertainment, sports, news/talk) reaching 165M monthly broadcast listeners, the Audacy app and Audacy.com streaming platform (1,000+ streaming stations, 60M monthly active users), and Audacy Podcasts (44M monthly listeners, 40K micro-podcasts). These are distributed via owned broadcast stations, the Audacy app, AmperWave (proprietary ad monetization platform), and the Audacy Digital Audience Network (ADAN). Sports audio is a major pillar with 30 all-sports stations, 5,000+ live game broadcasts, 160 sports streaming channels, and the BetMGM Network. Additional products include Audacy Creator Lab for podcast creators, State of Audio research reports, and Audacy Advertising Solutions for brand marketers. Partnerships with Sonos, Amazon Alexa, Google Assistant, Apple CarPlay, Android Auto, Roku, Waze, and Twitch extend distribution across 10K+ device types.

Differentiator

Problem solved

Functional benefit

Products and services

• Audacy App Mobile and web streaming application enabling listeners to access broadcast radio stations, podcasts, live sports audio, and curated music across 1,000+ streaming stations on more than 10,000 devices.
• Broadcast Radio Stations Portfolio of 230+ broadcast radio brands across music/entertainment, sports, and news/talk formats reaching 165M monthly broadcast listeners and covering 90% of the top 45 U.S. markets.
• Sports Radio Stations 30 owned-and-operated all-sports radio stations plus 5,000+ live sports games, 250,000+ hours of live sports programming, and 160 sports streaming channels delivering sports audio content across NFL, NBA, MLB, NHL, and NCAA leagues.
• News Radio Stations News radio portfolio including 8 of the top 9 news brands in the U.S., with 10M+ weekly over-the-air listeners, 24/7 coverage, and award-winning local newscasters.
• Audacy Podcasts Premium podcast network with 44M monthly podcast listeners, 40K micro-podcasts, and chart-topping shows including The Severance Podcast, Office Ladies, The Moth, Draymond Green Show, and 48 Hours, spanning lifestyle, true crime, entertainment, sports, comedy, news, business, and history genres.
• AmperWave Audacy's proprietary digital audio advertising platform that hosts and monetizes over 2,300 digital audio stations and supports 15+ premium inventory partners including major sports leagues, broadcasters, and news networks; powers ad-decisioning, programmatic connectivity, and sell-through rate optimization for ADAN.
• Audacy Advertising Solutions Custom advertising solutions across broadcast radio, digital audio, and digital marketing experiences, reaching millions of listeners monthly on every platform throughout the day; includes host-read endorsements, pre-recorded ads, and programmatic placements.
• Audacy Creator Lab Podcast creator platform providing tools, resources, and monetization opportunities for podcast creators within Audacy's network.
• 97.1 The Fan (Los Angeles) Audacy's first-ever FM all-sports radio station in Los Angeles, launched May 18, 2026, replacing KNX news simulcast on 97.1 FM and featuring Derek Fisher and Cody Decker as co-hosts.
• Westwood One Sports National multiplatform sports network (rebranded from Infinity Sports Network in December 2025) providing live coverage, on-demand streaming, and podcast distribution of syndicated sports content including The Jim Rome Show, with programming and distribution managed by Cumulus Media's Westwood One.
• BetMGM Network Sports betting-focused audio content network producing programs including 'You Better You Bet' and 'BetMGM Tonight', distributed across Audacy's sports audio platforms.
• NextNet AI AI-powered search discoverability solution powered by NVIDIA technologies that optimizes websites for consumption by large language models and agentic systems; delivered through Audacy's 550+ media consultants to local and regional small and mid-sized businesses.

Quantifiable outcome

• Nearly 2X ROI compared to CTV for radio advertising
• +8 more outcomes

Named customers9 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability10 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core, strategic and minor.

• SonoscoreChannel Partner/ Reseller/ Distributor · 10 February 2026Audacy serves as exclusive U.S. sales and distribution representative for Sonos Radio's 100+ streaming stations. Partnership expands Sonos Radio distribution across Audacy's platforms while leveraging Audacy's sales capabilities and technology to grow Sonos Radio's advertising business. Includes distribution on Audacy app, Google Home, Alexa, and Apple Music.
• Next NetstrategicTechnology or Integration · 14 January 2026Launch of NextNet AI, an AI-powered search discoverability solution helping local and regional businesses remain visible as consumer search shifts toward AI-driven experiences. Powered by NVIDIA technologies and leveraging Audacy's 550+ media consultants to deliver enterprise-grade AI capabilities to SMBs.
• PodscribecoreTechnology or Integration · 8 January 2026Podscribe named Audacy's preferred measurement partner for 2026. Enables attribution across Audacy's digital portfolio including streaming audio, podcasting, CTV, and display with client-facing dashboards and API access supporting automated reporting and portfolio-level insights. Also supports select broadcast attribution initiatives.
• Westwood One / Cumulus MediacoreStrategic or Co-development Partner · 21 October 2025Rebranding of Infinity Sports Network to Westwood One Sports effective December 29, 2025. Westwood One takes over programming and distribution of most syndicated sports content including The Jim Rome Show. Audacy continues producing BetMGM Network programs and the expanded network includes live coverage, on-demand streaming, and podcast distribution.
• Monumental Sports & EntertainmentcoreStrategic or Co-development Partner · 13 October 2025Multi-year partnership extension to expand broadcast and digital coverage of Washington D.C. sports teams including Wizards, Capitals, and Mystics. Features simulcasts, new programming, and increased accessibility across multiple platforms starting November 2025.
• MOGLcoreStrategic or Co-development Partner · 23 September 2025Strategic partnership bringing MOGL's network of 30,000+ athlete influencers into Audacy's sports audio content for NIL sponsorships and brand campaigns. AI-powered platform matches brands with athlete influencers using first-party data and performance-based insights, modernizing sports marketing through athlete-influencer integrations.
• iHeartMediaminorChannel Partner/ Reseller/ DistributorDistribution partnership to broaden content distribution across platforms as part of Audacy's ecosystem expansion strategy.
• TuneInminorChannel Partner/ Reseller/ DistributorDistribution partnership to broaden content reach across TuneIn's audio streaming platform.
• FOX News AudiominorChannel Partner/ Reseller/ DistributorExpanded partnership for news audio content distribution across Audacy's platform.

Scale indicators29 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• iHeartMedia: The largest U.S. radio broadcaster with a comparable multi-platform audio strategy spanning broadcast, streaming, podcasts, and live events. iHeartMedia competes head-to-head with Audacy for national advertisers, podcast audiences, and digital ad inventory, and is even a partner in some distribution deals.
• Cumulus Media: National radio broadcaster that owns Westwood One, Audacy's explicit partner for the Westwood One Sports network rebranding. Cumulus operates broadcast stations, syndicated sports content, and digital audio assets, overlapping with Audacy on sports play-by-play, syndicated programming, and national ad sales.
• SiriusXM: Satellite and streaming audio entertainment company with subscription and ad-supported models across music, talk, and sports. SiriusXM competes with Audacy for in-vehicle listening time, sports audio rights (NFL, NBA), and advertiser attention, and offers a recurring-revenue model Audacy largely lacks.
• Townsquare Media: Mid-size U.S. radio broadcaster with local market stations, digital content, and live event assets. Townsquare competes with Audacy for regional and local ad budgets in overlapping markets, particularly in mid-sized cities where both operate broadcast clusters.
• Beasley Broadcast Group: Smaller-cap U.S. radio operator with broadcast stations and digital audio assets. Beasley competes with Audacy in several local markets for ad revenue and audience share, with a comparable broadcast-plus-digital business model though at a smaller scale.
• Salem Communications: U.S. radio broadcaster focused on news/talk and Christian music formats. Salem overlaps with Audacy's news/talk radio portfolio, including 8-of-top-9 news brands, and competes for conservative-leaning news audiences and political advertising budgets.

Broad incumbents

• Spotify: Global digital audio streaming incumbent competing with Audacy for podcast listeners, ad-supported music listening, and creator-driven content. Spotify's scale, recommendation technology, and exclusive podcast investments represent the largest competitive threat to Audacy's digital audio pivot.
• ESPN (Disney): Major sports media brand operating radio (ESPN Radio), television, and streaming audio assets. ESPN directly competes with Audacy for sports audio rights, play-by-play partnerships, and sportsbook/QSR advertiser budgets at both national and local levels.

Emerging players

• Acast: Global podcast hosting, monetization, and advertising platform. Acast competes with Audacy's podcast network and Creator Lab in monetizing on-demand audio, and is a partial peer in programmatic podcast ad sales and creator tools.
• TuneIn: Digital audio streaming aggregator and distribution partner (also listed as one of Audacy's distribution partners). TuneIn competes in aggregating live radio, sports, and podcasts to global listeners, overlapping with the streaming side of Audacy's business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AudacyCorp
• YouTubeyoutube.com/channel/UCZG-1K3vYvkVSnX6vxvL4Ig
• Facebookfacebook.com/audacycorp
• LinkedInlinkedin.com/company/audacy-inc
• Instagraminstagram.com/lifeataudacy

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Audacy