![]() On August 29, 2013, it was announced that Cumulus would purchase Dial Global, after the programming syndication service was showing signs of financial distress in late 2012. The deal came following the abrupt shutdown of AOL's Music division in April 2013. In June 2013, Townsquare announced it would acquire a number of music-related blogs from AOL, including The Boombox, The Boot, and Noisecreep, along with ComicsAlliance. Townsquare Interactive is the digital marketing division of Townsquare Media and focuses on creating comprehensive web presences for small businesses across the United States. On October 1, 2012, Townsquare Media created Townsquare Interactive. The network was part of MOG, a streaming music service that had previously reached a deal to be acquired by Beats Electronics. On August 24, 2012, Townsquare reached a deal to acquire the MOG Music Network, an advertising network for music blogs. On April 30, 2012, Townsquare Media announced a deal to acquire 55 stations in 11 markets from Cumulus Media, in exchange for Townsquare's stations in the markets of Bloomington and Peoria, IL and $126 million. Townsquare acquired a number of stations from Double O Radio in August 2011. In December 2010, the company began to expand its digital media operations, overhauling its stations' websites and launching a new country music news website known as Taste of Country. Gap Broadcasting Group, another radio group owned by Oaktree, was merged into Townsquare, giving it ownership of 171 radio stations in 36 markets. After the privatization, the company was renamed Townsquare Media. The filing plan made Oaktree Capital Management the majority owner of Regent after the bankruptcy and gave the old shareholders 12.8 cents per share. Regent filed for Chapter 11 bankruptcy protection on March 1, 2010, with $211.3 million in debt, $166.5 million in assets, and a pre-arranged plan for exiting bankruptcy, with the United States Bankruptcy Court for the District of Delaware. Regent is the first major radio group to contract for all of its streaming stations to be available through the Radiolicious application. On October 27, 2008, Regent Broadcasting joined Radiolicious and began streaming on the iPhone and iPod Touch. ![]() Stakelin and Jacobs resurrected the Regent name to replace JS, with approval by Jacor. Bill Stakelin later shared chief status in the company with Jacobs, and the two established JS Communications, later selling Regent to Jacor in 1997. Jacobs was formerly the CEO of Jacor Communications, a radio broadcasting company which he created in 1979. Townsquare Media was established as Regent Communications by Terry Jacobs in 1994. Regent Communications logo before rebranding History As Regent Communications File:Regent Communications logo 312.png
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