Radio One Reports Loss, May Sell Non-Black Sites
Source 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 [...]
Read MoreRadio One Announces Exclusive Ad Sales Deal With AllHipHop.com
Interactive One, the digital division of Radio One, has announced a 5 year multi-million dollar advertising deal with AllHipHop.com, the top online destination for Hip-Hop news. AllHipHop now joins the recently acquired Blackplanet.com, and Interactive One’s collection of web properties, including Newsone.com, Tvone, Giantmag.com, and 50+ urban radio station websites across the country, creating one [...]
Read MoreInteractiveOne’s Web Strategy
There has been lots of buzz around InteractiveOne, a RadioOne company that plans to focus on interactive web media. Many of us have been wondering what exactly is InteractiveOne and what plans does RadioOne have for it? I recently noticed there are actually a few sites out there from InteractiveOne that are either in Beta [...]
Read MoreCommunity Connect bought buy RadioOne for $38 million
Community Connect was purchased by RadioOne today for $38 million. We broke the news first on Community Connect being up for sale back in February. Community Connect owns BlackPlanet.com, MiGente.com, and AsianAve.com. This is a major move in the space as RadioOne continues to make strategic decisions regarding their interactive venture, InteractiveOne.
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