Nov 30, 2020 / 04:15PM GMT
Stephen Warren Weiss - BofA Merrill Lynch, Research Division - MD
All right. Good morning, everybody. Again, I'm Stephen Weiss, the high-yield cable media and entertainment analyst at BofA Securities. And I'm very pleased to welcome Townsquare Media back to our annual Leveraged Finance Conference. With us on hand from the company today is Bill Wilson, CEO. As always, if anyone has any specific questions, they would like me to post just submit those through the webcast, and I will do so.
And with that, welcome, Bill. We can dive right in.
Bill Wilson - Townsquare Media, Inc. - CEO & Director
Thank you, Stephen. And good morning. Thanks for having me.
Questions and Answers:
Stephen Warren Weiss - BofA Merrill Lynch, Research Division - MDGood morning. So let's just start with the operating outlook. So third quarter, your top line was down about 15%. And I think on your early November earnings call, you shared a goal to perhaps have that cut in about half to about 7.5% or so in 4Q and that EBITDA
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