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related:
Clear
Comcast
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This
page considers the US Radio One network.
It covers -
introduction
Radio
One Inc. owns or operates 54 US radio stations and
is the largest African American media company targeting
black listeners. It is controlled by chief executive Alfred
Liggins III and his mother Catherine Hughes, founder of
the company (with an aggregate 83% of shares).
The group was established in 1980 by Hughes, a radio executive
who took advantage of Federal Communications Commission
(FCC) regulations aimed at facilitating ownership of US
broadcast stations by minorities. Radio One grew slowly
during the 1980s, emphasising acquisition and turnaround
of ailing radio stations targeted at black metropolitan
audiences. It gained national prominence with acquisition
of 12 large stations from Clear Channel
for US$1.3 billion in 2000. The deal formed part of FCC
regulatory approval for Clear's US$23 billion acquisition
of AMFM Inc.
As of early 2008 Radio One owns and/or operates radio
stations in 17 urban markets in the United States. It
also owns Magazine One, Inc. (Giant Magazine),
a channel on XM Satellite Radio, interests in TV One LLC
(a cable/satellite network programming primarily to African-Americans)
and Reach Media, Inc - owner of the Tom Joyner Morning
Show and syndicator of programs by figures such as the
controversial Al Sharpton.
It created TV One with Comcast
(the largest US the largest cable tv operator) in late
2004. TV One primarily targets African American urban
viewers. It is owned by Radio One, Comcast, Bear Stearns'
Constellation Ventures, Syndicated Communications, Pacesetter
Capital Group and Opportunity Capital Partners.
Along with many other urban-format radio stations Radio
One has seen its market share erode with the rise of Hispanic
radio. In 2007 it sold, or agreed to sell, 12 radio stations
in four markets, around 20% of its portfolio.
holdings
Holdings
as of mid-2007 included -
Radio
- Atlanta
- WPZE-FM 1999, WJZZ-FM 1999, WHTA-FM 2002, WAMJ-FM
2004
- Washington,
DC - WKYS-FM 1995, WMMJ-FM 1987, WPRS-FM, WYCB-AM 1998,
WOL-AM 1980
-
Philadelphia - WPPZ-FM 1997, WPHI-FM 2000, WRNB-FM 2004
- Detroit
- WHTD-FM 1998, WDMK-FM 1998 , WCHB-AM 1998
- Los
Angeles - KRBV-FM 2000
- Houston
- KMJQ-FM 2000, KBXX-FM 2000 , KROI-FM 2004
- Miami
- WTPS-AM 2000
- Dallas
- KBFB-FM 2000, KSOC-FM 2001
-
Baltimore - WERQ-FM 1993, WWIN-FM 1992, WOLB-AM 1992,
WWIN-AM 1993
- St.
Louis - WFUN-FM 1999, WHHL-FM 2006
- Cleveland
- WENZ-FM 1999, WERE-AM 1999, WZAK-FM 2000, WJMO-AM
2000
- Charlotte
- WQNC-FM 2000, WPZS-FM 2004
- Richmond
- WCDX-FM 2001 , WPZZ-FM 1999, WKJS-FM 2001, WKJM-FM
2001, WROU-AM 2001
- Raleigh-Durham
- WQOK-FM 2000, WFXK-FM 2000, WFXC-FM 2000, WNNL-FM
2000
- Boston
- WILD-AM 2001
- Columbus
- WCKX-FM 2001, WXMG-FM 2001, WJYD-FM 2001
- Cincinnati
- WIZF-FM 2001, WMOJ-FM, WDBZ-AM
- Indianapolis
- WHHH-FM 2000, WTLC-FM 2000, WYJZ-FM 2000, WTLC-AM
2001
- Minneapolis
- KTTB-FM 2001
- Augusta
- WAEG-FM 2000, WTHB-FM 2000, WAKB-FM 2000, WFXA-FM
2000, WTHB-AM 2000
- Louisville
- WDJX-FM 2001, WLRX-FM 2003, WGZB-FM 2001, WXMA-FM
2001, WMJM-FM 2001, WLRS-FM 2001
- Dayton
- WGTZ-FM 2001, WDHT-FM 2001, WING-AM 2001, WKSW-FM
2001, WROU-FM 2003
Print
- Giant
("urban-themed entertainment and lifestyle magazine")
landmarks
Radio One landmarks include -
1979 Catherine Hughes and Dewey Hughes buys WOL-AM for
US$950,000
1980 Catherine Hughes divorces Dewey Hughes, forms Radio
One
1987 buys WMMJ-FM
1992 buys two stations in Baltimore
1994 acquired WKYS-FM
1999 IPO of Radio One
1999 buys WFUN-FM Bethalto from Coltre Broadcasting
2000 buys 12 radio stations (inc WJMO-AM and WZAK-FM Cleveland,
WJMZ-FM Greenville, KBXX-FM and KMJQ-FM Houston, WFXC-FM,
WFXK-FM, WNNL-FM and WQOK-FM Raleigh, Dallas, Miami and
Los Angeles) from Clear Channel
for US$1.3bn
2004 establishes TV One with Comcast
2006 buys Giant magazine for US$270,000
2006 sells assets of Boston metro radio station WILD-FM
for US$30m
2006 buys assets of Cincinnati metro radio station WIFE-FM
for US$18m and intellectual property of Cincinnati station
WMOJ-FM for US$5.0m
2006 acquires St. Louis metro station WHHL-FM (formerly
WRDA-FM) for US$20m
2007 agrees to sell Minneapolis metro radio station to
Northern Lights Broadcasting, LLC for US$28m
2007 agrees to sell all of its radio stations in Dayton
metro area and five of its six radio stations in Louisville
metro area to Main Line Broadcasting, LLC for US$76m
2007 agrees to acquire assets of Washington DC metro area
radio station WPRS-FM (formerly WXGG-FM)
2007 agrees to acquire assets of Cincinnati metro radio
station WDBZ-AM for US$2.6m
2008
sells KRBV-FM Los Angeles to Bonneville International
for US$137m
Studies
There are no major studies of Radio One, Hughes or Liggins.
Insights are provided in Voice Over: The Making of
Black Radio (Philadelphia: Temple Uni Press 1999)
by William Barlow
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