Showing posts with label Raio One. Show all posts
Showing posts with label Raio One. Show all posts

Monday, May 12, 2008

OUCH! Radio One Loses 18.3 Million first Quarter

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Radio One said it lost $18.3 million in the first quarter, compared with a profit of $744,000 in the first three months of 2007, hurt by a slump in national advertising. Chief executive Alfred C. Liggins III, left, sought to explain stock sales by him and his mother, Radio One founder Cathy Hughes and explain that a planned stock buyback will happen. Read the whole story here

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