Radio One, Inc. Hires Carl D. Hamilton as Vice President and Regional Manager
Will Oversee the Operations of the Company's Houston, Dallas, St. Louis, And Cleveland Markets, as Well as Indianapolis' LPTVRadio One, Inc. (Nasdaq: ROIAK, ROIA) announced today that, effective April 22, 2002, it has hired Carl D. Hamilton as Vice President and Regional Manager of its Houston (KMJQ-FM, KBXX-FM), Dallas (KBFB-FM, KTXQ-FM), St. Louis (WFUN-FM), Cleveland (WENZ-FM, WERE-AM, WZAK-FM, WJMO-AM) and Indianapolis (LPTV) markets. In this newly created position, Mr. Hamilton will oversee the operations of those markets. He will report to Radio One's Chief Operating Officer, Mary Catherine Sneed. Mr. Hamilton will be based in the Houston market.
For the last seven years, Mr. Hamilton was employed by Clear Channel Communications, and most recently held the position of Vice President and Market Manager of their eight-station Houston cluster. He joined Clear Channel in August 1994 as Vice President and General Manager of KBXX-FM in Houston and was later promoted to Vice President and General Manager of KHMX- FM and KTBZ-FM, also in Houston. Mr. Hamilton held other Vice President and General Manager positions from 1980 to 1990 with various companies. Previous to general management, he was a successful radio station Program Director and claimed three national Billboard Magazine awards in 1977.
Commenting on the hiring, Mary Catherine Sneed, the Company's Chief Operating Officer stated, "Carl is a radio guy. I have been aware of him for years and was extremely impressed with his accomplishments in the Houston market. Now we get to work with him! He has the experience we need both in sales and on the programming front. We are all thrilled that he is part of the Radio One family."
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.
MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X44738543SOURCE Radio One, Inc.
CONTACT: Loretta Battle Washington, Chief Executive Assistant of Radio One, Inc., +1-301-429-2644 (ROIA ROIAK) http://www.prnewswire.com
Copyright (C) 2002 PR Newswire. All rights reserved.