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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Date of Report: July 5,
2006
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Commission File No.:
0-25969 |
(Date of earliest event
reported) |
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RADIO ONE, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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52-1166660 |
(State or other jurisdiction of
incorporation or organization)
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(I.R.S. Employer Identification No.) |
5900 Princess Garden Parkway,
7th Floor
Lanham, Maryland 20706
(Address of principal executive offices)
(301) 306-1111
Registrants telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of
Principal Officers.
On June 30, 2006, Radio One, Inc. (Radio One) issued a press release announcing that Ms. Mary
Catherine Sneed, Radio Ones Chief Operating Officer had left Radio One to pursue other interests.
A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated by reference
herein.
ITEM 9.01. Financial Statements and Exhibits.
(c) Exhibits
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Exhibit Number |
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Description |
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99.1
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Radio One, Inc., Chief Operating Officer Mary Catherine Sneed Leaves Radio One |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned thereunto duly authorized.
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RADIO ONE, INC. |
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By: /s/ Scott R. Royster |
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July 5, 2006
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Scott R. Royster |
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Executive Vice President and Chief Financial Officer |
exv99w1
Exhibit 99.1
NEWS RELEASE
June 30, 2006
FOR IMMEDIATE RELEASE
Washington, DC
CHIEF OPERATING OFFICER
MARY CATHERINE SNEED LEAVES RADIO ONE
Washington, DC: June 30, 2006Radio One, Inc. (Radio One) (NASDAQ:ROIAK and ROIA)
announced today that Mary Catherine Sneed, Chief Operating Officer, has left Radio One to pursue
other interests.
Alfred Liggins, President and Chief Executive Offer of Radio One will serve as acting COO until a
permanent replacement is named.
Mary Catherine has been a valuable contributor to Radio One over the years and we wish her well in
her future endeavors, said Mr. Liggins.
Ms. Sneed served as COO of Radio One since January 1998 and prior to that was General Manager of
Radio One of Atlanta, which was acquired by Radio One.
Radio One, Inc. (www.radio-one.com) is the nations seventh largest radio broadcasting company
(based on 2005 net broadcast revenue) and the largest radio broadcasting company that primarily
targets African-American and urban listeners. Including announced acquisitions, Radio One owns
and/or operates 71 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. Radio One also syndicates the only
national African-American news/talk network on free radio and programs XM 169 The Power, an
African-American news/talk channel on XM Satellite Radio.
CONTACT: Radio One, Inc.
Alfred C. Liggins, 301-429-2643