OverviewSuggest Edit

Urban One (formerly Radio One) is one of the nation's largest radio broadcasting companies. Its mission is to be the most trusted source in the African-American community that informs, entertains and inspires its audience by providing culturally relevant integrated content through its radio, television, and digital platforms.

TypePublic
Founded1980
HQSilver Spring, US
Websiteurban1.com

Latest Updates

Employees (est.) (Dec 2018)1,042(-1%)
Job Openings141
Revenue (FY, 2018)$439.1 M
Share Price (Jan 2020)$2 (-9%)

Key People/Management at Urban One

Terry L. Jones

Terry L. Jones

Director Since 1995
Cathy Hughes

Cathy Hughes

Founder and Chairperson
Peter Thompson

Peter Thompson

EVP, Chief Financial Officer
Karen Wishart

Karen Wishart

EVP, Chief Administrative Officer
Mark Charnock

Mark Charnock

Chief Digital Officer, R1 Digital
David Kantor

David Kantor

CEO, Radio Division & Reach Media
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Urban One Office Locations

Urban One has an office in Silver Spring
Silver Spring, US (HQ)
1010 Wayne Ave
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Urban One Financials and Metrics

Urban One Revenue

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Urban One's revenue was reported to be $439.10 m in FY, 2018
USD

Revenue (Q3, 2019)

111.1m

Net income (Q3, 2019)

5.4m

EBIT (Q3, 2019)

32.5m

Market capitalization (10-Jan-2020)

93.0m

Closing stock price (10-Jan-2020)

2.0

Cash (30-Sept-2019)

31.4m

EV

84.6m
Urban One's current market capitalization is $93 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

364.6m424.6m448.7m441.4m450.9m456.2m440.0m439.1m

Revenue growth, %

(2%)2%1%

Cost of goods sold

115.2m135.8m138.0m141.7m134.4m134.0m130.4m125.4m

Gross profit

249.4m288.8m310.7m299.7m316.5m322.2m309.6m313.7m
USDY, 2019

EV/EBIT

2.6 x

EV/CFO

1.7 x

Debt/Equity

0.1 x

Financial Leverage

6.7 x
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Urban One Operating Metrics

Urban One's Unique Visitors was reported to be 20 m in Aug, 2017.
FY, 2014FY, 2015FY, 2016Aug, 2017

FM Radio Stations

42 44 44

Radio Station Markets

16 16 15

Radio Stations

54 56 55

Unique Visitors

20 m
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Urban One Revenue Breakdown

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Urban One revenue breakdown by business segment: 42.0% from Radio Broadcasting, 11.7% from Reach Media, 41.5% from Cable Television and 4.8% from Other

Urban One Online and Social Media Presence

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Urban One News and Updates

Urban One Enters Into Definitive Agreement To Sell WDMK-FM Detroit And Three Translators For $13.5 Million To Beasley Broadcast Group

SILVER SPRING, Md., June 10, 2019 /PRNewswire/ -- Urban One, Inc. (Nasdaq: UONEK; UONE) today announced it has signed a definitive agreement to sell its Detroit, Michigan radio station, WDMK-FM and three translators W228CJ, W252BX, and W260CB for $13.5 million to Beasley Broadcast Group,...

Urban One, Inc. Reports First Quarter Results

WASHINGTON, May 9, 2019 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the quarter ended March 31, 2019. Net revenue was approximately $98.4 million, a decrease of 1.2% from the same period in 2018. Broadcast and digital operating income1 was...

Urban One, Inc. Reports Fourth Quarter Results

WASHINGTON, March 6, 2019 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the quarter ended December 31, 2018. Net revenue was approximately $113.5 million, an increase of 4.1% from the same period in 2017. Broadcast and digital operating income1...

Urban One, Inc. Announces Redemption Of Its Outstanding 9.25% Senior Subordinated Notes Due 2020

SILVER SPRING, Md., Jan. 17, 2019 /PRNewswire/ -- Urban One, Inc. (the "Company" or "Urban One") (NASDAQ: UONEK and UONE), today announced that it had given the required notice under the governing indenture to redeem for cash all $2,037,000.00 aggregate principal of its 9.25% Senior...

Urban One, Inc. Announces Expiration Of Its Previously Announced Tender Offer Of 9.25% Senior Subordinated Notes Due 2020

WASHINGTON, Jan. 7, 2019 /PRNewswire/ -- Urban One, Inc. (the "Company" or "Urban One") (NASDAQ: UONEK and UONE), announced today the expiration and final results of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 9.25% Senior...

Urban One, Inc. Announces Early Settlement of Its Previously Announced Tender Offer of 9.25% Senior Subordinated Notes Due 2020

WASHINGTON, Dec. 20, 2018 /PRNewswire/ -- Urban One, Inc. (the "Company" or "Urban One") (NASDAQ: UONEK and UONE), announced today (the "Early Settlement Date") the early settlement of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its...
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Urban One Blogs

CATHY HUGHES AND CHRIS TUCKER CO-HOST STAR-STUDDED ANNUAL URBAN ONE HONORS, PREMIERING JANUARY 20 AT 8 P.M./7C WITH SPECIAL PRE-SHOW TRIBUTE AT 7 P.M./6C ON TV ONE

Celebrating 40 Years of Radio One with Honorees Jamie Foxx, Missy Elliott, Sylvia Rhone, Chance the Rapper and Ryan Jamaal Swain; and Performances by Ne-Yo, Wale, Brandy, Eric Benét, Al B. Sure!, Chanté Moore, Pastor Charles Jenkins and Jac Ross (SILVER SPRING, MD) – January 9, 2020 – The annual URB…

ANNUAL URBAN ONE HONORS, CO-HOSTED BY CATHY HUGHES AND CHRIS TUCKER, CELEBRATES 40 YEARS OF RADIO ONE WITH HONOREES JAMIE FOXX, MISSY ELLIOTT, SYLVIA RHONE, CHANCE THE RAPPER AND RYAN JAMAAL SWAIN

PERFORMANCES BY ANITA BAKER, NE-YO, WALE, BRANDY, ERIC BENÉT, AL B. SURE!, CHANTÉ MOORE, PASTOR CHARLES JENKINS AND JAC ROSS The star-studded affair will air on the Martin Luther King, Jr. holiday, January 20, 2020 at 8 P.M./7C on TV One Emmy Award-winning actor Billy Porter, Urban One Founder and C…

URBAN ONE, INC. ANNOUNCES A STAR-STUDDED LINEUP OF HONOREES FOR URBAN ONE HONORS: JAMIE FOXX, SYLVIA RHONE, MISSY ELLIOTT AND RYAN JAMAAL SWAIN PERFORMERS AND PRESENTERS TO INCLUDE NE-YO, WALE, BRANDY, PASTOR CHARLES JENKINS, ERIC BENÉT, JAC ROSS, BILLY PORTER AND CLARENCE AVANT

Urban One Honors Commemorates the 40thAnniversary of Radio One and Recognizes African American Luminaries   (SILVER SPRING, MD) – November 12, 2019 – Cathy Hughes, Urban One Founder and Chairwoman, today announced the honorees, performers and presenters for the prestigious annual URBAN ONE HONORS ev…

URBAN ONE, INC. HOSTS ITS ANNUAL URBAN ONE HONORS IN CELEBRATION OF THE 40TH ANNIVERSARY OF RADIO ONE AND RECOGNITION OF AFRICAN AMERICAN LUMINARIES ON DECEMBER 5 AT MGM NATIONAL HARBOR

The Two-Hour Telecast to Air on TV One on the Martin Luther King, Jr. Holiday, January 20, 2020 (SILVER SPRING, MD) – October 15, 2019 – The annual URBAN ONE HONORS Awards show is set for Thursday, December 5, 2019 at MGM National Harbor in Oxon Hill, Maryland. Cathy Hughes, Urban One Founder and Ch…

TV ONE ANNOUNCES PRODUCTION OF ORIGINAL HOLIDAY FILM DEAR SANTA, I NEED A DATE STARRING RAY J, REAGAN GOMEZ-PRESTON AND ANNE-MARIE JOHNSON

TV One Gears up for the Holidays with a Heartwarming Movie Full of Twists, Humor and a Sibling Competition SILVER SPRING, MD – September 10, 2019 – TV One announced today that production is underway in Atlanta, GA for its new holiday film, DEAR SANTA, I NEED A DATE. The film stars Ray J (Love & …

TV ONE’S HIT SERIES UNCENSORED RETURNS WITH ALL NEW EPISODES EXPLORING THE INTIMATE LIVES OF CELEBRITIES ON SUNDAY, OCTOBER 6 AT 9 P.M./8C

Season 2 to Spotlight Lamar Odom, LisaRaye McCoy, Tisha Campbell, Tyra Banks, Niecy Nash and More (SILVER SPRING, MD) – September 9, 2019 – TV One’s original auto-biographical series UNCENSORED resumes for its second season with premiere episodes debuting on Sunday, October 6 at 9 p.m. ET/8C. The ed…
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Urban One Frequently Asked Questions

  • When was Urban One founded?

    Urban One was founded in 1980.

  • Who are Urban One key executives?

    Urban One's key executives are Terry L. Jones, Cathy Hughes and Peter Thompson.

  • How many employees does Urban One have?

    Urban One has 1,042 employees.

  • What is Urban One revenue?

    Latest Urban One annual revenue is $439.1 m.

  • What is Urban One revenue per employee?

    Latest Urban One revenue per employee is $421.4 k.

  • Who are Urban One competitors?

    Competitors of Urban One include iHeartMedia, Ringier and Anywhere.FM.

  • Where is Urban One headquarters?

    Urban One headquarters is located at 1010 Wayne Ave, Silver Spring.

  • Where are Urban One offices?

    Urban One has an office in Silver Spring.

  • How many offices does Urban One have?

    Urban One has 1 office.