Radio One is headquartered in Lanham, MD, at 5900 Princess Garden Parkway. Radio One has radio stations in the following 22 markets: Atlanta and Augusta, GA; Baltimore, MD; Boston, MA; Charlotte and Raleigh-Durham, NC; Cincinnati, Cleveland, Columbus and Dayton, OH; Dallas and Houston, TX; Detroit, MI; Indianapolis, IN; Miami, FL; Minneapolis, MN; Los Angeles, CA; Louisville, KY; Philadelphia, PA; Richmond, VA; St. Louis, MO; and Washington, DC.
What is the difference between Radio One's Class D common stock (ROIAK) and Class A common stock (ROIA)?
The two classes of stock are virtually identical, except holders of the Class A common stock have one vote per share with respect to any matters put before our stockholders, and the holders of Class D common stock have no votes per share. Also, holders of the Class A common stock may convert their stock into Class D on a 1:1 basis, but the Class D common stock may not be converted into Class A.