Tuesday, December 4, 2012

Radio One Inc., extends ownership of Reach Media - looking to launch a new Urban network in 2013

Radio One CEO and President Alfred Liggins and Reach Media CEO David Kantor have announced that Radio One Inc., will increase its ownership stake in Reach Media from 53 percent to 80 percent and consolidate its Syndication One Urban programming line-up with that of Reach Media. The move makes Reach Media the largest radio network targeting the African-American audience.

In 2013, Reach Media plans to use its affiliate lineup and relationships with Urban stations to also launch a new

More details here...

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