WASHINGTON, March 19,
2012/PRNewswire/ -- Radio One, Inc. (NASDAQ:
ROIAK and ROIA) announced today that Barry A.
Mayo, who has served as President of Radio since
August 2007, has resigned to pursue other
opportunities.
Alfred C. Liggins, III, Radio One's CEO
and President stated: "Barry has been an integral
member of Radio One's executive management team for
nearly five years, and he has served the Company with
passion and distinction. I am grateful for Barry's
contributions to the success of the Company's
initiatives, particularly given the challenging economic
environment. I understand, however, that there comes a time
for change in a person's career, and I fully respect
Barry's decision to undertake new challenges. I
truly wish him well."
Commenting on his departure, Mr. Mayo stated:
"Partnering with Alfred and helping to execute his
vision has been a rewarding experience, and I am proud of
what we have accomplished. I am grateful for the support
shown me during my tenure. While I will miss the
relationships forged, I am truly looking forward to the
next phase of my career."
Radio One, Inc. (http://www.radio-one.com/)
is a diversified media company that primarily targets
African-American and urban consumers. The Company is one of
the nation's largest radio broadcasting companies,
currently owning or operating 53 broadcast stations located
in 15 urban markets in the United States. As a
part of its core broadcasting business, Radio One operates
syndicated programming including the Russ Parr Morning
Show, the Yolanda Adams
Morning Show, the Rickey Smiley
Morning Show, CoCo Brother
Live, CoCo Brother's
"Spirit" program, Bishop T.D. Jakes' "Empowering
Moments", the Reverend Al Sharpton Show,
and the Warren Ballentine
Show. The Company also owns a controlling interest in
Reach Media, Inc. (http://www.blackamericaweb.com/),
owner of the Tom Joyner Morning Show and other businesses
associated with Tom Joyner. Beyond its core
radio broadcasting business, Radio One owns Interactive One
(http://www.interactiveone.com/),
an online platform serving the African-American community
through social content, news, information, and
entertainment, which operates a number of branded sites,
including News One, UrbanDaily, HelloBeautiful, Community
Connect Inc. (http://www.communityconnect.com/),
an online social networking company, which operates a
number of branded websites, including BlackPlanet, MiGente,
and Asian Avenue. In addition, the Company owns a
controlling interest in TV One, LLC (http://www.tvoneonline.com/),
a cable/satellite network programming primarily to
African-Americans.
SOURCE Radio One, Inc.
Linda J. Vilardo, EVP and CAO, +1-301-429-2646
distributed by
This press release was issued by Radio One Inc. and was initially posted at http://phx.corporate-ir.net/phoenix.zhtml?c=63747&p=irol-newsArticle&ID=1674077&highlight= . It was distributed, unedited and unaltered, by noodls on 2012-03-19 19:34:10 PM. The issuer is solely responsible for the accuracy of the information contained therein.
Urban One, Inc. is an urban-oriented, multi-media company. The Companyâs core business is its radio broadcasting franchise, which is a radio broadcasting operation that primarily targets African American and urban listeners. The Company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment consists of all broadcast results of operations. The Reach Media segment consists of the results of operations for the related activities and operations of its syndicated shows. The Digital segment includes the results of its online business, including the operations of Interactive One, as well as the digital components of its other segments. The Cable Television segment consists of the Companyâs cable television (TV) operation, including the results of operations of TV One and CLEO TV. The Company owns and/or operates over 66 independently formatted broadcast stations located in 13 African American markets in the United States.