| Business Summary | | Radio
One
Inc.
is
the
seventh
largest
radio
broadcasting
company
in
the
United
States
based
on
pro
forma
2000
gross
revenue.
The
Company
is
also
the
largest
radio
broadcasting
company
in
the
United
States
primarily
targeting
African-Americans.
After
completing
its
pending
acquisitions
and
divestitures,
including
its
acquisition
of
Blue
Chip
Broadcasting,
Inc.,
the
Company
will
own
and/or
operate
63
radio
stations
in
22
markets.
Thirty-four
of
these
stations
(24
FM
and
10
AM)
are
in
14
of
the
top
20
African-American
radio
markets:
Washington,
D.C.,
Los
Angeles,
Detroit,
Atlanta,
Philadelphia,
Houston,
Miami,
Baltimore,
Dallas,
St.
Louis,
Cleveland,
Boston,
Richmond
and
Charlotte. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Radio
One
is
a
radio
broadcasting
co.
that
targets
primarily
African-Americans.
After
pending
acquisitions,
ROIA
will
own
63
radio
stations,
34
of
which
are
located
in
14
of
20
largest
African-American
markets
in
the
U.S.
For
the
six
months
ended
6/30/01,
revenues
totaled
$110.2
million,
up
from
$54.8
million.
Net
loss
applicable
to
Common
and
before
extraordinary
item
totaled
$34.7
million
vs.
an
income
of
$7.6
million.
Results
reflect
an
acquisition,
offset
by
higher
amortization
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Catherine Hughes, 52 Chairperson
of the Board of Directors and Sec. | $406K | Alfred Liggins III, 35 CEO,
Pres, Treasurer, | 556K | Mary Sneed, 48 COO | 270K | Scott Royster, 35 Exec.
VP and CFO | 608K | Leslie Hartmann, 38 VP-Fin.,
Controller | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|