townsquare media

We Fest Sold To Live Nation

Townsquare CEO Bill Wilson made the announcement during a conference call detailing the company's second-quarter financial results.

DETROIT LAKES, MINN. (KFGO) – Rumored for months, it’s official. Connecticut-based Townsquare Media said Tuesday it has sold We Fest. The new owner is a subsidiary of Live Nation, an American global entertainment company. Townsquare CEO Bill Wilson made the announcement during a conference call detailing the company’s second-quarter financial results. He said, “after carefully evaluating our asset portfolio, we…