Radio One, Inc. to Present at Bear Stearns 19th Annual Media Conference
WASHINGTON, Feb 22, 2006 (BUSINESS WIRE) -- Radio One, Inc. ("Radio One") (NASDAQ:ROIAK and ROIA) announced today that Alfred C. Liggins, CEO and President and Scott R. Royster, Executive Vice President and CFO, will present at the Bear Stearns 19th Annual Media Conference ("Bear Stearns Conference").
The Bear Stearns Conference will be held February 26 through March 1, 2006 at The Breakers, Palm Beach, Florida. Mr. Liggins and Mr. Royster are scheduled to present on Monday, February 27, 2006 at 3:45 p.m. Eastern Time.
A live audio webcast of Radio One's presentation at the Bear Stearns Conference can be accessed through the investor relations portion of Radio One's website, located at www.radio-one.com. A replay will be made available on the website for seven business days after the presentation.
Radio One, Inc. (www.radio-one.com) is the nation's seventh largest radio broadcasting company (based on 2004 net broadcast revenue) and the largest radio broadcasting company that primarily targets African-American and urban listeners. Pro forma for announced acquisitions, Radio One owns and/or operates 70 radio stations located in 22 urban markets in the United States and reaches approximately 14 million listeners every week. Radio One also owns approximately 36% of TV One, LLC (www.tvoneonline.com), a cable/satellite network programming primarily to African-Americans, which is a joint venture with Comcast Corporation and DIRECTV. Additionally, Radio One owns 51% of Reach Media, Inc. (www.blackamericaweb.com), owner of the Tom Joyner Morning Show and other businesses associated with Tom Joyner, a leading urban media personality, Syndication One (a joint venture with Reach Media), which is the country's only nationwide terrestrial radio African-American news/talk network, and programs "XM 169 The POWER" an African-American news/talk channel on XM Satellite Radio.
This press release includes 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, seasonal nature of the business, granting of rights to acquire certain portions of the acquired company's or radio station's operations, market ratings, variable economic conditions and consumer tastes, as well as restrictions imposed by existing debt and future payment obligations and agreed upon conditions to closing. Important factors that could cause actual results to differ materially are described in Radio One's reports on Forms 10-K and 10-Q and other filings with the Securities and Exchange Commission.
SOURCE: Radio One, Inc.
Radio One, Inc.
Scott R. Royster, 301-429-2642