Urban One
Urban One, Inc. is an American media conglomerate based in Silver Spring, Maryland. Founded in 1980 by Cathy Hughes, the company primarily operates media properties targeting African Americans.
It is the largest African-American-owned broadcasting company in the United States, currently operating over 50 radio stations. The company also operates digital arm Interactive One, cable networks TV One & Cleo TV, and is a majority-owner of syndicator Reach Media.
As of 2014, it was the ninth-highest-earning African-American-owned business in the United States.
History
Early years
Radio One was founded in 1980 by Cathy Hughes, a then-recently divorced single mother, with the purchase of the Washington, D.C. radio station WOL-AM for $995,000. She changed the station's programming format from all-music to one that examined politics and culture from an African American perspective. Hughes purchased her second station, WMMJ in Washington, seven years later, which began to turn a profit once she converted it into a rhythm and blues station. This established Radio One's early strategy of purchasing small, underperforming radio stations in urban markets and refocusing them to serve the demographics of their communities.After joining the company in 1985 and managing its day-to-day operations since 1993, Hughes's son, Alfred C. Liggins III, took over as CEO in 1997, with Hughes becoming the board's chairperson. In 1995, Radio One purchased WKYS-FM in Washington, D.C., for $34 million, and also entered the Atlanta market by purchasing WHAT-FM for $4.5 million. In 1997, the company entered the Philadelphia market with its purchase of WPHI-FM for $20 million. The company added numerous stations in the late 1990s, including stations in Atlanta, St. Louis, Boston, Cleveland, Richmond, San Francisco, Detroit and Boston.
In 1996, Radio One moved its corporate offices from Washington, D.C., to Lanham, Maryland. The company is now based in Silver Spring, Maryland. Under the guidance of recently appointed CEO Liggins, Radio One went public on May 6, 1999, while continuing to be controlled by the family. The company's initial public offering was for 6.5 million shares at $24 per share. This made Hughes the first African American woman to chair a public company. As of 2010, Hughes and Liggins control 90% of Radio One's voting stock.
In 2000, Radio One purchased 12 stations for approximately $1.3 billion from Clear Channel, bringing Radio One into Los Angeles, Dallas, Houston and Miami, along with stations in Cleveland and Greenville, South Carolina. Soon after, Radio One added two more Dallas stations. In total, the company added 21 radio stations in 2000.
Further expansion
In 2001, Radio One expanded into 22 markets, with 18 million listeners, making it the nation's largest urban-market radio broadcasting company. In February, Radio One purchased rival company Blue Chip Broadcasting for approximately $135 million. The purchase included 15 radio stations owned and operated by Cincinnati-based Blue Chip in Ohio, Minnesota and Kentucky. Earlier that month, Radio One had also purchased another Dallas radio station for $52.5 million. In June 2001, Radio One purchased Georgia radio station WPEZ-FM from US Broadcasting for $55 million.In January 2004, Radio One launched the TV One cable network in a joint venture with Comcast.
In February, Radio One purchased country station WSNJ in Bridgeton, New Jersey, for $35 million; it had been on the air since 1937 and family-owned by the Ed and Katherine Bold family for over 50 years. The company would also purchase KRTS-FM in Houston for approximately $72.5 million in cash, giving it three stations in the Houston market.
In November 2004, Radio One acquired a 53% stake in Reach Media, a Texas-based media company owned by radio host Tom Joyner, for $56.1 million in cash and stock.
From 2006 through the beginning of 2008, Radio One sold nearly $150 million in assets, primarily underperforming radio stations.
Radio One would reach a peak of owning over 70 stations in 22 markets by 2007, becoming the largest African-American-owned-and-operated broadcast company in the US. In January of that year, Radio One purchased GIANT magazine for $275,000.
However, that same year, Radio One would sell ten stations to Main Line Broadcasting for approximately $76 million in cash. The stations sold were in Radio One's markets with the smallest African American populations. The sale decreased the number of Radio One's stations from 71 to 61.
In 2008, Radio One launched its Interactive One subsidiary. The company also acquired social networking firm Community Connect, the parent company of BlackPlanet, AsianAvenue and MiGente, for $38 million. BlackPlanet at the time had 20 million members and was the nation's fourth-most visited social networking site.
In December 2009, the company suspended publication of the print version of the bi-monthly magazine, relaunching it online as GIANTLife.com. The website is a part of the Interactive One network.
In 2011, Radio One changed stations in Houston, Cincinnati and Columbus, Ohio, from African American to general interest formats, due to low ratings. In May 2018, they purchased Washington, D.C. sports station "The Team 980" WTEM from Washington Commanders owner Dan Snyder's Red Zebra Broadcasting.
Rebranding as Urban One
On May 8, 2017, Radio One was renamed Urban One. Radio One would be retained as the company's secondary name, and as a name for its radio division.On January 19, 2019, Urban One launched Cleo TV, a cable channel aimed at millennial and Generation X African American women.
In April 2023, it was announced that Urban One would acquire the Houston radio cluster of Cox Media Group. This, at the time of the sale, would have resulted in Urban One being over FCC ownership limits, forcing the divestitures of 2 stations in the combined cluster; the stations to be sold were later determined by the two companies to be KROI and Cox's KTHT, which would be placed into the temporary Sugarland Station Trust divestiture trust, overseen by Scott Knoblauch. It was reported that Urban was already in the process of negotiations for KROI with a "minority-owned" broadcaster marking their entry into the market; on April 20, it was announced said broadcaster was Spanish Broadcasting System, who would ultimately buy the station for $7.5 million.
Assets
Stations
As of May 2023, Urban One's Radio One division operates 58 radio stations in 13 markets.| Market | Station and Frequency | Owned since | Format | Notes |
| Atlanta | WAMJ 107.5 FM | 1998 | Urban adult contemporary | Licensed to Roswell, Georgia |
| Atlanta | WHTA 107.9 FM | 2001 | Urban contemporary | Licensed to Hampton, Georgia |
| Atlanta | WPZE 102.5 FM | 2004 | Urban gospel | Licensed to Mableton, Georgia |
| Atlanta | WUMJ 97.5 FM | 1995 | Urban adult contemporary | Licensed to Fayetteville, Georgia |
| Baltimore | WERQ-FM 92.3 FM | 1993 | Urban contemporary | |
| Baltimore | WOLB 1010 AM | Urban talk | ||
| Baltimore | WWIN 1400 AM | Urban gospel | ||
| Baltimore | WWIN-FM 95.9 FM | 1992 | Urban adult contemporary | Licensed to Glen Burnie, Maryland |
| Charlotte | WBT 1110 AM | 2020 | News/Talk | both WBT and WBT-FM are simulcasts |
| Charlotte | WBT-FM 107.9 FM | 2020 | News/Talk | both WBT and WBT-FM are simulcasts |
| Charlotte | WMXG 99.3 FM | 2020 | Hot adult contemporary | Licensed to Chester, South Carolina |
| Charlotte | WPZS 610 AM | 2020 | Urban gospel | |
| Charlotte | WFNZ-FM 92.7 FM | 1998 | Sports | Licensed to Harrisburg, North Carolina |
| Charlotte | WOSF 105.3 FM | 2012 | Urban adult contemporary | Licensed to Gaffney, South Carolina |
| Charlotte | WLNK-FM 100.9 FM | 2004 | Hot adult contemporary | Licensed to Indian Trail, North Carolina |
| Cincinnati | WDBZ 1230 AM | 2007 | Urban talk/urban contemporary | |
| Cincinnati | WIZF 101.1 FM | 1998 | Mainstream urban | Licensed to Erlanger, Kentucky |
| Cincinnati | WOSL 100.3 FM | 2006 | Urban oldies-leaning urban adult contemporary | Licensed to Norwood, Ohio |
| Cleveland | WENZ 107.9 FM | 1999 | Mainstream urban | |
| Cleveland | WERE 1490 AM | 2000 | Talk radio | |
| Cleveland | WJMO 1300 AM | 1999 | Tropical music | Station is operated by La Mega Media. |
| Cleveland | WZAK 93.1 FM | 2000 | Urban adult contemporary | |
| Columbus, Ohio | WCKX 107.5 FM | Urban contemporary | ||
| Columbus, Ohio | WJYD 106.3 FM | late 1990s | Urban gospel | Licensed to London, Ohio |
| Columbus, Ohio | WWLG 107.1 FM | 2015 | Regional Mexican/Spanish-language | Licensed to Circleville, Ohio |
| Columbus, Ohio | WXMG 95.5 FM | 2015 | Urban adult contemporary | Licensed to Lancaster, Ohio |
| Dallas/Fort Worth | KBFB 97.9 FM | 2000 | Urban contemporary | |
| Dallas/Fort Worth | KZMJ 94.5 FM | 2002 | Urban adult contemporary | Licensed to Gainesville, Texas |
| Houston | KBXX 97.9 FM | 2000 | Rhythmic contemporary | |
| Houston | KGLK 107.5 FM | 2023 | Classic rock | both KGLK and KHPT are simulcasts. KGLK is licensed to Lake Jackson, Texas; KHPT is licensed to Conroe, Texas |
| Houston | KHPT 106.9 FM | 2023 | Classic rock | both KGLK and KHPT are simulcasts. KGLK is licensed to Lake Jackson, Texas; KHPT is licensed to Conroe, Texas |
| Houston | KKBQ 92.9 FM | 2023 | Country | Licensed to Pasadena, Texas |
| Houston | KMJQ 102.1 FM | 2000 | Urban adult contemporary | Operates an urban gospel format on KMJQ-HD2 |
| Indianapolis | - | - | - | - |
| Indianapolis | WHHH 100.9 FM | Urban contemporary | Licensed to Speedway, Indiana | |
| Indianapolis | WIBC 93.1 FM | 2022 | News/Talk | |
| Indianapolis | WLHK 97.1 FM | 2022 | Country | Licensed to Shelbyville, Indiana |
| Indianapolis | WTLC 1310 AM | 2001 | Urban gospel | |
| Indianapolis | WTLC-FM 106.7 FM | 2001 | Urban adult contemporary | Licensed to Greenwood, Indiana |
| Indianapolis | WYXB 105.7 FM | 2022 | Adult contemporary | |
| Philadelphia | - | - | - | - |
| Philadelphia | WPPZ-FM 107.9 FM | 2000 | Urban oldies | Licensed to Pennsauken, New Jersey |
| Philadelphia | WRNB 100.3 FM | 2001 | Urban adult contemporary | Licensed to Media, Pennsylvania |
| Raleigh/Durham | WFXC 107.1 FM | 2000 | Urban adult contemporary | both WFXC and WFXK are simulcasts. WFXC is licensed to Durham, North Carolina; WFXK is licensed to Bunn, North Carolina |
| Raleigh/Durham | WFXK 104.3 FM | 2000 | Urban adult contemporary | both WFXC and WFXK are simulcasts. WFXC is licensed to Durham, North Carolina; WFXK is licensed to Bunn, North Carolina |
| Raleigh/Durham | WNNL 103.9 FM | 2000 | Urban gospel | Licensed to Fuquay-Varina, North Carolina |
| Raleigh/Durham | WQOK 97.5 FM | 2000 | Urban contemporary | Licensed to Carrboro, North Carolina |
| Richmond, Virginia | WCDX 92.1 FM | Urban contemporary | Licensed to Mechanicsville, Virginia | |
| Richmond, Virginia | WKJM 99.3 FM | Urban adult contemporary | both WKJM and WKJS are simulcasts. WKJM is licensed to Petersburg, Virginia | |
| Richmond, Virginia | WKJS 105.7 FM | Urban adult contemporary | both WKJM and WKJS are simulcasts. WKJM is licensed to Petersburg, Virginia | |
| Richmond, Virginia | WPZZ 104.7 FM | 1999 | Urban gospel | Licensed to Crewe, Virginia |
| Richmond, Virginia | WXGI 950 AM | 2017 | Classic hip hop | both WXGI and WTPS are simulcasts. WTPS is licensed to Petersburg, Virginia |
| Richmond, Virginia | WDCJ 1240 AM | 2017 | Classic hip hop | both WXGI and WTPS are simulcasts. WTPS is licensed to Petersburg, Virginia |
| Washington, D.C. | WLNO 104.1 FM | 2017 | Spanish-language Contemporary Hit Radio | Licensed to Waldorf, Maryland |
| Washington, D.C. | WKYS 93.9 FM | early 1990s | Urban contemporary | |
| Washington, D.C. | WMMJ 102.3 FM | 1987 | Urban oldies-leaning urban adult contemporary | Licensed to Bethesda, Maryland |
| Washington, D.C. | WOL 1450 AM | 1980 | Urban talk | First property of Radio One and its flagship |
| Washington, D.C. | WPRS 92.7 FM | 2006 | Urban gospel | Licensed to Prince Frederick, Maryland |
| Washington, D.C. | WYCB '1340 AM' | 1996 | Urban Gospel |