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Urban One
Urban One, Inc. (formerly Radio One) 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 OneFelicia R. Lee"A Network for Blacks With Sense of Mission" ''The New York Times'', December 11, 2007. & 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.Steven Overly"With purchase of radio station WOL in 1980, Cathy Hughes launched a media empire" ''The Washington Post'', ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Clear Channel Communications
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008. As a result of the 2008 buyout, Clear Channel Communications, Inc. became a wholly owned subsidiary of CC Media Holdings, Inc. On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc., and Clear Channel Communications, Inc., became iHeartCommunications, Inc. Overview iHeartMedia, Inc. specializes in radio broadcasting, podcasting, digital and live events through division iHeartMedia (sans "Inc." suffix; formerly Clear Channel Media and Entertainment, Clear Channel Radio, et al.) and subsidiary iHeartMedia and Entertainment, Inc. (formerly Clear Channel Broadcasting, Inc.); the c ...
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Los Angeles Times
The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of newspapers in the United States, sixth-largest newspaper in the U.S. and the largest in the Western United States with a print circulation of 118,760. It has 500,000 online subscribers, the fifth-largest among U.S. newspapers. Owned by Patrick Soon-Shiong and published by California Times, the paper has won over 40 Pulitzer Prizes since its founding. In the 19th century, the paper developed a reputation for civic boosterism and opposition to Trade union, labor unions, the latter of which led to the Los Angeles Times bombing, bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. As with other regional newspapers in California and the United Sta ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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Boston Globe
''The Boston Globe,'' also known locally as ''the Globe'', is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes. ''The Boston Globe'' is the oldest and largest daily newspaper in Boston and tenth-largest newspaper by print circulation in the nation as of 2023. Founded in 1872, the paper was mainly controlled by Irish Catholic interests before being sold to Charles H. Taylor and his family. After being privately held until 1973, it was sold to ''The New York Times'' in 1993 for $1.1billion, making it one of the most expensive print purchases in United States history. The newspaper was purchased in 2013 by Boston Red Sox and Liverpool F.C. owner John W. Henry for $70million from The New York Times Company, having lost over 90% of its value in 20 years. The chief print rival of ''The Boston Globe'' is the ''Boston Herald'', whose circulation is smaller and is shrinking faster. The newspaper is "one of ...
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Lanham, Maryland
Lanham is an unincorporated community and census-designated place in Prince George's County, Maryland. As of the 2020 United States census, it has a population of 11,282. The New Carrollton station (the terminus of the Washington Metro's Orange Line) as well as an Amtrak station are across the Capital Beltway in New Carrollton, Maryland. Doctors Community Hospital is located in Lanham. History The Thomas J. Calloway House was listed on the National Register of Historic Places in 2005. Geography According to the U.S. Census Bureau, Lanham has a total area of , of which is land and , or 0.54%, is water. Government and infrastructure Prince George's County Police Department District 2 Station in Brock Hall CDP, with a Bowie postal address, serves the community. The U.S. Postal Service operates the Lanham Seabrook Post Office in Lanham CDP.
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WPHI-FM
WPHI-FM (103.9 MHz) is a commercial radio station city of license, licensed to Jenkintown, Pennsylvania, and serving the Philadelphia metropolitan area. The station is owned by Audacy, Inc., simulcasting an all-news radio radio format, format with co-owned KYW (AM), KYW (1060 AM). Its studios are located in Audacy's corporate headquarters in Center City, Philadelphia. WPHI-FM has an effective radiated power (ERP) of 270 watts, as a List of North American broadcast station classes, Class A station. The transmitter radio masts and towers, tower is in the Roxborough, Philadelphia, Roxborough neighborhood of Philadelphia (). The station is short-spaced due to adjacent channel interference from WMGM (FM), WMGM in Atlantic City, WXCY-FM in Havre de Grace, Maryland, and WNNJ in Newton, New Jersey (all located on 103.7 FM), and WAEB-FM in Allentown, Pennsylvania, Allentown and WNNK in Harrisburg (both located on 104.1 FM). History WIBF-FM The station signed on the air November 1, 1960. ...
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WKYS-FM
WKYS (93.9 FM) is a commercial radio station licensed to Washington, D.C., United States. The station is owned by Urban One through licensee Radio One Licenses, LLC, and broadcasts an urban contemporary radio format. It is co-owned with WMMJ, WOL, WPRS-FM, and WYCB, with radio studios and offices in Silver Spring, Maryland. WKYS has an effective radiated power of 24,500 watts. The transmitter tower is on Nebraska Avenue NW, co-located with the tower for WRC-TV (WKYS' former TV sister station). WKYS broadcasts using HD Radio technology. The urban talk programming of co-owned WOL 1450 AM was heard on its HD3 digital subchannel. The HD3 subchannel has since been turned off. History WRC-FM The station first signed on the air as WRC-FM in . It was launched alongside its television partner, WRC-TV (originally as WNBW). Both were built from the ground up by NBC, which put WRC 980 AM on the air 24 years earlier. The call sign represents the name of the parent company, The Radio C ...
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Black Enterprise
''Black Enterprise'' (stylized in all caps) is an American multimedia company. A Black-owned business since the 1970s, its flagship product ''Black Enterprise'' magazine has covered African American businesses with a readership of 3.7 million. The company was founded in 1970 by Earl G. Graves Sr. It publishes in print and digital, an annual listing of the largest African-American companies in the country, or "B.E. 100s", first compiled and published in 1973. In 2002 the magazine launched a supplement targeting teens, ''Teenpreneur''. ''Black Enterprise'' also has two nationally syndicated television shows, '' Our World with Black Enterprise'' and ''Women of Power''. History The magazine was founded by Earl G. Graves Sr. In January 2006, he named his eldest son, Earl G. Graves Jr. (known as "Butch"), the company's chief executive officer. Butch joined the company in 1988 after earning his M.B.A. from Harvard University; he received his bachelor's degree in economics fr ...
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Canton, MI
Canton Township (commonly known simply as Canton) is a charter township in Wayne County, Michigan, Wayne County in the U.S. state of Michigan. A western Metro Detroit, suburb of Detroit, Canton is located roughly west of downtown Detroit, and east of Ann Arbor, Michigan, Ann Arbor. As of the 2020 United States census, 2020 census, the township had a population of 98,659, making it Michigan's second most-populated township (after Clinton Township, Macomb County, Michigan, Clinton Township) and List of municipalities in Michigan (by population), ninth most-populated municipality overall. The township is ranked as the 96th highest-income place in the United States with a population of 50,000 or more, and is consistently ranked as one of the safest communities in the United States. Communities *Canton is an unincorporated community within the township, although the name often refers to the whole township itself. It is located just south of M-153 (Michigan highway), M-153 (Ford Roa ...
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WMMJ
WMMJ (102.3 FM), known on air as "Majic 102.3 & 92.7," is an urban oldies-leaning urban adult contemporary radio station owned by Urban One in the Washington, D.C. market. It is co-owned with WKYS, WOL, WPRS-FM and WYCB and has studios located in Silver Spring, Maryland. It is licensed to Bethesda, but its transmitter is located in Tenleytown. During the 1960s, 1970s and early 1980s, the station had been home to the original "progressive rock" formatted WHFS, which later migrated to the higher powered Annapolis, Maryland-based 99.1 frequency. WMMJ simulcasts on WDCJ (92.7 FM, Prince Frederick, Maryland) for the southeastern counties of the Washington metro. WMMJ broadcasts in the HD format. WHFS (1961–1983) On March 20, 1960, High Fidelity Broadcasters, Inc., applied to the Federal Communications Commission (FCC) for a new FM radio station on 102.3 MHz in Bethesda; the commission granted the construction permit on July 20. The station went on air on Novembe ...
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