Radio One Reports Loss, May Sell Non-Black Sites
by Markus RobinsonSource Washington Post
Maybe Radio One’s spending habits are starting to catch up with them, as they reported an $11.7 million second-quarter loss. The company stated losses were due to a weaker radio advertising market, and their expanded Internet efforts. Average radio ad prices were down 5 percent as budget-conscious companies have tightened up and shifted [...]




