Top Ten Videos to watch

Hillary Clinton Campaigns In Louisville, Kentucky
Worried black businesswoman at desk
Tyler Perry And Soledad O'Brien Host Gala Honoring Bishop T.D. Jakes' 35 Years Of Ministry
Teacher with group of preschoolers sitting at table
FBI Officials Discuss Apprehension Of Explosions Suspect After Three-Day Manhunt
NFC Championship - San Francisco 49ers v Atlanta Falcons
Protests Erupt In Chicago After Video Of Police Shooting Of Teen Is Released
Nine Dead After Church Shooting In Charleston
Portrait of senior African woman holding money
President Bush Speals At Federalist Society's Gala
Police Line Tape
Senior Woman's Hands
Police officers running
New Orleans Residents Return to Housing Projects
David Banner
2010 Jazz Interlude Gala
Couple Together on Sidewalk
Serious decision
HIV Testing
Closing Arguments Held In Zimmerman Trial
Student Loan Application Form
Donald Trump in Nevada.
Hearing Held For Charleston Police Officer Who Shot And Killed Walter Scott
Leave a comment

cathy hughes


The Lanham company said it earned $14.2 million (25 cents a share) in the third quarter, compared with a loss of $266.1 million ($2.81) a year earlier. The results for the year-ago period were affected by a one-time write-down of $337.9 million on the value of its broadcasting licenses.

Shares of Radio One jumped more than 27 percent on the news, gaining 39 cents to close at $1.83.

“It’s a pretty decent result,” said industry analyst Mark R. Fratrik of BIA Financial. “They are moving in the right direction. But like every other radio company, there are both long-term and short-term challenges.”

Founded in 1980, Radio One owns and operates 53 radio stations across the United States aimed at African American and urban listeners. The company has struggled in recent years, and the recession has magnified its difficulties.

However, this summer, Radio One ended a six-quarter losing streak by reporting a $7.2 million profit for the April-through-June period, as it reduced operating expenses.

Click here to read more.

[Disclosure: is part of the Interactive One family of websites, which are owned by parent company Radio One.]

Also On News One: