Radio One, Inc. Hires Tom Calococci as Program Director of KBXX in Houston
Mr. Calococci returns to Radio One from Clear Channel Communications' KZZP in Phoenix, Arizona where he worked for the last year as Program Director. Radio One first employed him in April 1996 as Program Director of WERQ-FM (92Q) in Baltimore, Maryland. When he arrived, 92Q was in a head-to-head battle with WXYV-FM (V103) with neither station dominating the other. Within six months, 92Q was on its way to becoming the market leader, and within another year, WXYV flipped from urban to CHR. In March 1998, Radio One promoted Mr. Calococci to Director of East Coast Programming where he was responsible for the Baltimore, Philadelphia and Boston markets. In December 1999, Mr. Calococci debuted Boston's first-ever FM urban formatted radio station for Radio One. Prior to working for Radio One, Mr. Calococci successfully programmed Summit's KJMZ in Dallas. He also held the position of West Coast Regional Promotion Manager for Jive Records in Los Angeles.
Commenting on the hiring, Mark McMillen, the Station's General Manager stated, "The Box is Houston's heritage Hip Hop and R & B station. With an 11- year legacy to protect, the decision of who would lead us through our second decade was of extreme importance. We interviewed many qualified candidates for this position, but in the end, Tom Calococci was clearly above the others. We always prefer to associate with people who 'get' the uniqueness of The Box. When we launched the station in 1991, Tom was involved with certain programming elements that assisted us in becoming the number one station in Houston. He followed the station throughout the years and clearly understands why we are what we are. Tom is an excellent addition to our staff."
Radio One is the nation's seventh largest radio broadcasting company (based on 2000 pro forma revenue) 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.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because these statements apply to future events, they are subject to risks and uncertainties that could cause actual results to differ materially, including the absence of a combined operating history with an acquired company or radio station and the potential inability to integrate acquired businesses, need for additional financing, high degree of leverage, granting of rights to acquire certain portions of the acquired company's or radio station's operations, variable economic conditions and consumer tastes, as well as restrictions imposed by existing debt and future payment obligations. Important factors that could cause actual results to differ materially are described in the Company's reports on Forms 10-K and 10- Q and other filings with the Securities and Exchange Commission.
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