Radio One, Inc. - Introduction
Introduction
5900 Princess Garden Parkway, 7th Floor
Lanham, Maryland 20706
U.S.A.
Telephone: (301) 306-1111
Fax: (301) 306-9426
Web site: http://www.radio-one.com
Public Company
Incorporated: 1980 as Almic Broadcasting
Employees: 1,740
Sales: $303.2 million (2003)
Stock Exchanges: NASDAQ
Ticker Symbol: ROIA
NAIC: 515111 Radio Networks
Radio One, Inc. is the largest broadcasting company targeting African American audiences in the United States. The publicly traded company, based in Lanham, Maryland, owns and operates 70 radio stations, making it the seventh largest radio broadcasting company in the country. Major markets served include Atlanta, Baltimore, Boston, Cincinnati, Cleveland, Columbus, Dallas, Detroit, Houston, Los Angeles, Miami, Minneapolis, Philadelphia, St. Louis, and Washington, D.C. In addition, Radio One programs "XM 169 The Power" for XM Satellite Radio, and partners with Comcast Corporation on a cable television channel targeting African Americans. Radio One is majority-owned by founder Catherine Hughes, the company's chairperson, and her son Alfred C. Liggins III, who serves as president and chief executive officer.
