Radio One, Inc. Promotes Bob Rich to General Manager of the Richmond Cluster
Will Manage the Day-to-Day Operations of WKJS-FM, WJMO-FM, WCDX-FM and WRHH-FM in Richmond, VirginiaRadio One, Inc. (Nasdaq: ROIAK; ROIA) announced today, that effective immediately, it has promoted Bob Rich to General Manager of WKJS-FM 104.7, WJMO-FM 105.7, WCDX-FM 92.1 and WRHH-FM 99.3 in the Richmond, Virginia market. In this position, Bob Rich will manage the day-to-day operations of the stations. He will report to Pam Somers, Vice President and Regional Manager of the Richmond market.
Radio One hired Mr. Rich a year ago as the Director of Sales for the Radio One Richmond Cluster. He came to Radio One from Target Marketing where he served as Vice President of Sales and Marketing for three years. Prior to that, for the past eighteen years, Mr. Rich has held various management positions in the radio broadcasting industry around the Richmond area such as General Manager for Metro Networks, Vice President and General Manager for Liberty Broadcasting, Four Seasons Communications Company, and Eden Broadcasting Company, President and General Manager for Brill Media Company, and General Sales Manager for EZ Communications Company.
Commenting on the promotion, Pam Somers, Vice President and Regional Manager of Richmond stated, "We needed someone with a proven ability to lead and who we believe could continue the momentum in Richmond that we are experiencing right now. He has spent practically his entire radio career in and around the Richmond marketplace, and having someone with a vast understanding of the Richmond advertisers, listeners and community was a priority for us. Given the fact that Bob is already doing a great job for us, I have every reason to believe that he will continue to do so in his new role."
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.
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/11690X98681865SOURCE Radio One, Inc.
CONTACT: Loretta Washington, Chief Executive Assistant, of Radio One, Inc., +1-301-429-2644 (ROIA ROIAK) http://www.prnewswire.com
Copyright (C) 2001 PR Newswire. All rights reserved.