Townsquare Media, formerly known as Regent Communications, named Steven Price, co-founder of media investment firm FiveWire Ventures, the company's Chairman and CEO. FiveWire co-founder Stuart
Rosenstein has been named executive vice president and CFO. Townsquare Media operates 62 radio stations in 13 mid-sized markets. The company emerged from bankruptcy protection on April 27, less than
two months after its initial Chapter 11 filing. A fund managed by Oaktree Capital Management owns a majority equity stake in Townsquare. Messrs. Price and Rosenstein intend to make a significant
equity investment in the company.
