Townsquare Media Group Acquires AOL Music Properties For An Undisclosed Amount

Posted on Jun 3 2013 - 11:28pm by Karan Chopra

AOL

Townsquare Media Group announced today that it has acquired certain AOL Music properties, including The Boot, The BoomBox and NoiseCreep along with ComicsAlliance. The newly acquired properties will become the part of Townsquare Media Group’s national digital business. Although the terms of the agreement were not disclosed but as part of the transaction, members of the AOL Music and ComicsAlliance will be working with Townsquare Media’s team.

“The acquisition of these assets from AOL represents the continued rapid growth of Townsquare Media’s portfolio of owned and operated music and entertainment websites,” commented Townsquare Media Group Chairman and CEO, Steven Price. “Adding these premium brands to Townsquare Media’s comprehensive offering propels our scale beyond today’s 52 million US monthly unique visitors, allowing advertisers and agencies even greater access to this highly engaged and demographically desirable audience.”

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Karan Chopra, CEO at G2One Network An Internet Media Company), Founder at 99DollarWebsite and Editor/Writer at I2Mag, JustWP.org, CodeAndMe.net, TechEXplained.org, JustInfo.Graphics, HowToWebDesign.org, NextBigProduct and WPLove.co. Karan is an internet enthusiast, who loves to explore every second thing in both technology and business. You can find him on Facebook , Twitter and Google+.