Urban One, Inc.

Detailed Description

Urban One, Inc., together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners. As of December 31, 2020, it owned and/or operated 63 broadcast stations, including 54 FM or AM stations, 7 HD stations, and the 2 low power television stations under the Radio One tradename located in 13 urban markets. The Cable Television segment operates TV One, an African-American targeted cable television network. The Reach Media segment operates syndicated programming, including the Get Up! Mornings with Erica Campbell Show, Rickey Smiley Morning Show, the Russ Parr Morning Show, and the DL Hughley Show. This segment also operates BlackAmericaWeb.com, an African-American targeted news and entertainment website, as well as other event related activities. The Digital segment owns Interactive One, a digital platform serving the African-American community through social content, news, information, and entertainment websites, including Cassius and Bossip, HipHopWired, and MadameNoire digital platforms and brands. The company was formerly known as Radio One, Inc. and changed its name to Urban One, Inc. in May 2017. Urban One, Inc. was founded in 1980 and is headquartered in Silver Spring, Maryland.

Key People

Founder(s): Cathy Hughes

Cathy Hughes (Chairman) Alfred C. Liggins III (President & CEO)

Financials

Revenue: US$ 441.4 million (2014)

Operating income: US$ 77.2 million (2014)

Net income: US$ -42.7 million (2014)

Total assets: US$ 1.4 billion (2014)

Total equity: US$ 18.9 million (2014)