WASHINGTON, March 19, 2012 /PRNewswire/ -- Radio One,
Inc. (NASDAQ: ROIAK and ROIA) announced today that Barry A. Mayo, who has served as President of
Radio since August 2007, has resigned
to pursue other opportunities.
(Logo:
http://photos.prnewswire.com/prnh/20090806/PH57529LOGO )
Alfred C. Liggins, III, Radio
One's CEO and President stated: "Barry has been an integral member
of Radio One's executive management team for nearly five years, and
he has served the Company with passion and distinction. I am
grateful for Barry's contributions to the success of the Company's
initiatives, particularly given the challenging economic
environment. I understand, however, that there comes a time for
change in a person's career, and I fully respect Barry's decision
to undertake new challenges. I truly wish him well."
Commenting on his departure, Mr. Mayo stated: "Partnering with
Alfred and helping to execute his vision has been a rewarding
experience, and I am proud of what we have accomplished. I am
grateful for the support shown me during my tenure. While I
will miss the relationships forged, I am truly looking forward to
the next phase of my career."
Radio One, Inc. (http://www.radio-one.com/) is a diversified
media company that primarily targets African-American and urban
consumers. The Company is one of the nation's largest radio
broadcasting companies, currently owning or operating 53 broadcast
stations located in 15 urban markets in the United States. As a part of its core
broadcasting business, Radio One operates syndicated programming
including the Russ Parr Morning Show, the Yolanda Adams Morning
Show, the Rickey Smiley Morning Show, CoCo Brother Live, CoCo
Brother's "Spirit" program, Bishop T.D. Jakes' "Empowering
Moments", the Reverend Al Sharpton Show, and the Warren Ballentine
Show. The Company also owns a controlling interest in Reach Media,
Inc. (http://www.blackamericaweb.com/), owner of the Tom Joyner
Morning Show and other businesses associated with Tom Joyner. Beyond its core radio broadcasting
business, Radio One owns Interactive One
(http://www.interactiveone.com/), an online platform serving the
African-American community through social content, news,
information, and entertainment, which operates a number of branded
sites, including News One, UrbanDaily, HelloBeautiful, Community
Connect Inc. (http://www.communityconnect.com/), an online social
networking company, which operates a number of branded websites,
including BlackPlanet, MiGente, and Asian Avenue. In addition, the
Company owns a controlling interest in TV One, LLC
(http://www.tvoneonline.com/), a cable/satellite network
programming primarily to African-Americans.
SOURCE Radio One, Inc.