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Encyclopedia > Radio One (Company)

Radio One, Inc NASDAQROIA is an African-American managed U.S. company which owns and operates 69 radio stations in 22 American cities, and programs a channel on XM Satellite Radio, The Power. The company is headed by Cathy Hughes, Chairman and her son Alfred Liggins, CEO. The company's target listeners are African-Americans in urban areas. Radio One also owns a 40% interest in TV One, a cable and satellite TV network begun in early 2004 in partnership with Comcast and a handful of investors (including DirecTV, which added the network to its lineup and became a minority shareholder in January 2005). As with other large radio broadcasting companies, Radio One has a strategy of acquiring stations in a given market and making sudden format changes they believe will be profitable. Radio One tends to favor urban-based formats targeting African-American listeners, and makes format changes to target their demographic. One example of this occurred when Radio One acquired country radio station WCAV, near Boston, Massachusetts, in 1999, and transformed the station into WBOT, "Hot 97.7," with an Urban format. Radio 1 may refer to: In radio stations: BBC Radio 1, the British Broadcasting Corporations popular music radio station Radio1 Rodos, Greek Radio Station on island of Rhodes. ... Image File history File links Radio_One_Logo. ... NASDAQ in Times Square, New York City. ... Motto: (Out Of Many, One) (traditional) In God We Trust (1956 to date) Anthem: The Star-Spangled Banner Capital Washington D.C. Largest city New York City None at federal level (English de facto) Government Federal constitutional republic  - President George Walker Bush (R)  - Vice President Dick Cheney (R) Independence from... The term company may refer to a separate legal entity, as in English law, or may simply refer to a business, as is the common use in the United States. ... A radio station is an audio (sound) broadcasting service, traditionally broadcast through the air as radio waves (a form of electromagnetic radiation) from a transmitter to an antenna and a thus to a receiving device. ... “XM” redirects here. ... The Power is an African American talk radio channel on the XM Satellite Radio service. ... Cathy Hughes is an African-American entrepreneur, radio and [TV] personality and business executive. ... TV One, owned by Radio One, targets African-American viewers aged 25 to 54 (unlike competitor Black Entertainment Television, which has moved to an 18-to-34 demographic since its acquisition by Viacom). ... Cable television or Community Antenna Television (CATV) (and often shortened to cable) is a system of providing television, FM radio programming and other services to consumers via radio waves transmitted directly to people’s televisions through fixed coaxial cables as opposed to the over-the-air method used in... Satellite television is television delivered by way of communications satellites, as compared to conventional terrestrial television and cable television. ... A television network is a distribution network for television content whereby a central operation provides programming for many television stations. ... Comcast Corporation, (NASDAQ: CMCSA) based in Philadelphia, Pennsylvania, is the largest cable company[1] and the second largest Internet service provider in the United States. ... A standard DirecTV satellite dish with 1 LNB on a roof DirecTV (trademarked as DIRECTV) is a direct broadcast satellite (DBS) service based in El Segundo, California, USA, that transmits digital satellite television and audio to households in the United States, the Caribbean and Latin America except for Mexico. ... The phrase mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow rapidly without having to create another business... This article or section does not cite any references or sources. ... Languages Predominantly American English Religions Protestantism (chiefly Baptist and Methodist); Roman Catholicism; Islam Related ethnic groups Sub-Saharan Africans and other African groups, some with Native American groups. ... WCAV (known on air as CBS19) is a CBS-affiliated television station on UHF Channel 19 based in Charlottesville, Virginia. ... “Boston” redirects here. ... WBOT is an Urban Contemporary radio station licensed to Brockton, Massachusetts that serves the Boston area . ...

Contents

Acquiring stations

In 1996, Radio One acquired Philadelphia station 103.9 WDRE, and changed the format from Modern Rock to Rhythmic CHR as "Philly 103.9," WPHI, which was later renamed "103.9 The Beat." The airstaff of WDRE was released, and much of the airstaff found jobs with the city's other Modern Rock station, 100.3 WPLY which was known as "Y-100". Not long after, Radio One acquired "Y-100", and left the station alone for many years. This is believed to have been because the station received good Arbitron ratings and made a decent amount of revenue annually. However, upon the announcement that WPLY's popular morning show, Preston and Steve, was moving to another Philadelphia station, WMMR, Radio One decided to convert the station to an urban format. Subsequently, the format of WPHI, moved to the more powerful 100.3 signal, and Radio One launched a black gospel format on the weak 103.9 signal, to be known as "Praise 103.9," WPPZ. WDRE Philadelphia - Former Alternative Rock radio station on the 103. ... WPHI, also known as 100. ... WDRE Philadelphia - Former Alternative Rock radio station on the 103. ... Arbitron is a radio audience research company in the United States. ... The Preston and Steve show is a morning radio comedy and variety broadcast on Philadelphia mainstream rock station 93. ... WMMR is a rock radio station in Philadelphia, Pennsylvania, broadcasting at 93. ... WPHI, also known as 100. ... WPPZ, also known as 103. ...


In 2002, Radio One entered the Dayton, Ohio market with WDHT 102.9 after changing the format from Classic Rock to Rhythmic and Hip Hop urban format, sparking a competition against the previous station 92.1 WROU in ratings. After numerous attempts to keep WROU running in the format of urban, it was soon acquired by Radio One and change its format into Rhythmic CHR and R & B. There were petitions to keep the radio station in the previous format, but as of today the station still operates under the current format. WDHT, Hot 102. ... WROU is an Urban Adult Contemporary radio station at 92. ...


Divestures

In the mid-2000s, Radio One began to consider selling non-core stations, stations that don't target African Americans or those in very small black markets. The first case of this happened on August 22, 2006, when Radio One announced it would divest WILD-FM in Boston, the AM for now is still owned by RO; however, it too will be divested. On May 18, 2007, Radio One also divested its Louisville and Dayton clusters which included various stations such as WDJX and WLRS and WGTZ amomg others, citing the low Black populations in both cities as well as the amount of Non Urban stations. In July, Radio One divested Rhythmic KTTB Mineapolis and in August divested their Augusta, Georgia cluster. At a recent stockholders' meeting, some investors called for KRBV's sale due to the low percentage of blacks in Los Angeles (yeah, right!) and that LA is a major Hispanic market (most Spanish-speaking Latinos), but company officials said that there no plans for it. Besides, selling KRBV would come at a loss to Radio One compared to how much it originally paid for it, possibly because of the residual effects of the frequency swap with what is now KHHT in 2000. WDJX is a radio station in Louisville, Kentucky. ... WLRS is a commercial radio station located in Shepherdsville, Kentucky, broadcasting to the Louisville, Kentucky area on 105. ... WGTZ (for Great Trails Z-93) is a commercial FM station licensed to Eaton, Ohio at 92. ... KTTB is a radio station in the Twin Cities area of Minnesota, 96. ... Nickname: Motto: We feel Good Location of the consolidated areas of Augusta and Richmond County in the state of Georgia. ...


Accounting Problems

On March 19, 2007, the NASDAQ Stock Market informed Radio One that it could face delisting from trading for failure to file its 2006 10-K annual report with the SEC.[1]] [2] The company had previously announced it would delay issuing its annual report due to accounting issues concerning backdated stock options, subject of an informal SEC Inquiry.[3]


Radio One Markets

Major cities

External links


 
 

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