If the rumors are true that Lew Dickey is interested in Townsquare with his new wad of cash from investors, then this could be the beginning of cost cutting for those guys. Oaktree has owned them for about six years. They're probably looking to get out so they can invest in properties with more potential for growth. Dickey had a lot more success in small markets than he did in bigger markets. He may be looking to return to his roots.
Buffalo's one of Townsquare's bigger properties, so it's probably seen as having a bigger pile of money to trim from. The Mix has underperformed. Mornings probably seemed like a good place to start.