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Radio One In A Tailspin...

T

The King Bee

I'm getting the word that Radio One is about to shrink again by selling out of one or more of their current markets. With RO cutting salaries and other overhead, it makes sense to me that they would need the quick cash infusion station sales would bring. I know people in Dayton and Louisville are very happy to be rid of Radio One's arrogant, non-responsive ownership.

I personally see RO as not existing in its present form (if at all) within two fiscal years. What's up...are they fishing for buyers?
 
I'd love to see them run out of Philly. They killed not one but two great alternative stations there. I'd also love to see them disappear from Maryland,thier corporate headquarters. Same goes for CBS.
 
After they destroyed Heritage CHR/Pop Z-93(WGTZ) in Dayton I am glad to see they're getting what they deserve. ;D They messed it up so badly that the new owners, Mainline, had no choice but to flip it. Bye bye Radio One. It can't come soon enough. :mad:
 
Radio One killed urban radio here in Boston . Radio One is only good in Washington, Baltimore and Atlanta . Urban specialist my @$$ .
 
While I generally agree with the comments here, let's look at a few positive things Radio One has done.

Brought 2 additional urbans to Philadelphia FM including a nice sounding gospel station

Brought Gospel to FM in Atlanta, Houston, Washington, and Philadelphia.

I think it has a few other good stations in other markets - KMJQ Houston still doesn't sound too bad and the 2 Dallas stations aren't too bad either.

I agree about many of the Radio One stations being cookie cutter in the majority of its markets.
 
I would add that most of the major radio companies are having severe problems right now. I can't think of one that isn't.
 
At last check, RO Common stock was at a mind-boggling 32 cents/share...how are they hanging on? Even with all the preferred/voting shares at a better price, even they can't have much value. Someone explain how an entity with such a low common stock price can hang on.
 
I think many of the radio companies are really low in stock share prices right now including companies much bigger than Radio One.

Radio One has the top 2 rated stations in Houston (a top 6 market) that has got to bring in some revenue as do its stations in several other large markets.
 
Just say Radio One sold its stations. Who would buy and how many would stay urban?
 
Markets RO will keep: DC, Baltimore, Houston, Dallas-Ft. Worth, Atlanta
Markets RO will spin-off: Boston, Detroit, Philadelphia, Indianapolis, Cincinnati, Columbus, Cleveland, St. Louis, Charlotte, Raleigh, Richmond
 
Radio One has urban radio monopolies and pretty good ratings in Indianapolis, Cincinnati, Columbus and Cleveland, so it might stay in those markets as well. Radio One is losing to Clear Channel in Philadelphia, Detroit, and Saint Louis and to CBS Radio in Charlotte. Richmond is close to its heritage market of Washington D.C. but is a smaller market like Raleigh-Durham. Only the gospel in Philadelphia is performing really well.
 
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