Radio One, Inc. Announces $100,000 Donation and Formation of The Radio One Relief Fund
WASHINGTON, Sept. 19 /PRNewswire/ -- Radio One, Inc. (Nasdaq: ROIAK; ROIA) today announced that the Company, along with its executives and employees, are donating $100,000 to aid the victims, their families and survivors and to help the relief efforts associated with the terrorist attacks on New York City and Washington, D.C. Since the attacks, the Company's radio stations have been involved with blood drives throughout the country, but this donation will provide much needed financial resources to those affected by these acts of terrorism.
Additionally, the Company will be asking its listeners to make donations to the Radio One Relief Fund. According to Alfred C. Liggins, III, the Company's Chief Executive Officer, "If each of our over 10 million listeners gave just $1.00, we could have a tremendous impact on helping our fellow Americans through this very difficult time. As a national media company, we feel that it is particularly incumbent upon us to support our great nation and our President and we have every intention to do so in any way that we can." Donations may be sent to:
Radio One Relief Fund
5900 Princess Garden Parkway, 7th Floor
Lanham, MD 20706
The entire Radio One family sends its thoughts and prayers to all of those whose lives have been changed by these heinous crimes against humanity. God bless America and all Americans.
Radio One is the nation's seventh largest radio broadcasting company (based on 2000 pro forma revenue) in the United States and the largest primarily targeting African-American and urban listeners. Pro forma for all announced acquisitions and operating agreements, the Company owns and/or operates 65 radio stations located in 22 of the largest markets in the United States and programs five channels on the XM Satellite Radio system.
For more information contact Scott R. Royster, Executive Vice President and Chief Financial Officer at 301-429-2642.
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SOURCE Radio One, Inc.
CONTACT: Scott R. Royster, Executive Vice President and Chief Financial