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Urban One, Inc. 2020 Year End Results Conference Call

Urban One, Inc. 2020 Year End Results Conference Call
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Maryland , United-states , National-harbor , Washington , Americans , American , Reach-media-inc , Tv-one , Nasdaq , Exchange-commission , Securities-exchange

'Real Men' to Boys in Birmingham-Area: Reading Key to Success


Erica Wright
Reading IS Fundamental. 
That was the message of I See Me Inc.’s, 11th annual “Real Men Read: You Can Be Virtually Anything if You Can Read” held via YouTube Livestream on Friday. 
Organizers noted the event was different than past readings.
“Normally when we host this event, it is held in an auditorium, filled with boys and men using literature as a means to evoke conversation,” said Devon Frazier, founder and executive director of I See Me. “At I See Me, we feel that it is very important that our boys see books in the hands of a man. We want our boys to equate literacy with success . . . Our boys can’t be what they can’t see.”

United-states , America , Gordonc-james , Keturaha-bobo , Frank-adams , Rickey-smiley , Mike-mcclure-jr , Martellus-bennett , Erica-wright , Derek-barnes , Devon-frazier , National-read-across-america-week

The Morning Hustle


As a national on-air radio personality, 
Headkrack is recognized as a Hip-Hop authority who stays up-to-date on all the latest in music, movies, artists and entertainment. Currently the resident expert on pop culture and current events on the award-winning Rickey Smiley Morning Show, he brings a charismatic, straight-talking and funny outlook that has made him a listener favorite. His revolutionary comedic style and Friday Rap of the Week have become viewer favorites on Dish Nation, new in its 8th year and seen in over 60 markets. Whether reporting on the latest in entertainment news during his 
Hip Hop Spot or flexing his freestyle prowess during the Flo& Go, listeners connect with his unique blend of wit and humor. Bronx-born and hip hop raised, HeadKrack’s brand now extends beyond the airwaves also encompassing his ventures as an actor, DJ, lyricist and performer. Listeners and audiences respond to the consistency, stability, respect and loyalty that he brings to music, entertainment and the hip hop culture.

New-york , United-states , Houston , Texas , Washington , Bronx , Angie-ange , Billy-sorrellsis , Instagram , College-is-cool-inc , Twitter , Facebook

Urban One, Inc. Announces Pricing Of $825.0 Million Senior Secured Notes Offering


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WASHINGTON, Jan. 8, 2021 /PRNewswire/ -- Urban One, Inc. ("Urban One" or the "Company") (NASDAQ: UONEK and UONE) today announced that it has priced an offering of $825.0 million in aggregate principal amount of its 7.375% senior secured notes due 2028 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to persons outside the United States pursuant to Regulation S under the Securities Act. The Notes will bear interest semi-annually at a rate equal to 7.375% per annum and were offered at par value.

Maryland , United-states , National-harbor , Washington , Americans , American , National-association , Reach-media-inc , Tv-one , Radio-one-entertainment-holdings , Company-form

Urban One, Inc. Announces Launch of $825 Million Senior Secured Notes Offering


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WASHINGTON, Jan. 7, 2021 /PRNewswire/ -- Urban One, Inc. ("Urban One" or the "Company") (NASDAQ: UONEK and UONE) today announced that it has launched an offering of $825 million in aggregate principal amount of senior secured notes due 2028 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").  The Notes will initially be guaranteed on a senior secured basis by certain of the Company's direct and indirect restricted subsidiaries, and secured, subject to certain exceptions, on a first-priority basis by the notes priority collateral and on a second-priority basis by the collateral securing the Company's asset based loan facility.

Maryland , United-states , National-harbor , Washington , Americans , American , National-association , Reach-media-inc , Tv-one , Radio-one-entertainment-holdings , Company-form

Urban One, Inc. Reports Preliminary Estimated Fourth Quarter 2020 Results


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WASHINGTON, Jan. 7, 2021 /PRNewswire/ -- Urban One, Inc. ("Urban One" or the "Company") (NASDAQ: UONEK and UONE) today announced preliminary estimated financial results for the fourth quarter and full year ended December 31, 2020.
"We are pleased to pre-announce very strong year-end estimated results that significantly outperformed our previous guidance given on our third quarter earnings call.  At that time, I stated that our 2020 Consolidated Adjusted EBITDA was expected to be between $125 million and $130 million for the full year compared to $133.5 million for 2019.  Today, I am very happy to share that we expect full year Consolidated Adjusted EBITDA to be between $137 million and $139 million, an increase of +2.6% to +4.1% year over year.  We currently expect full year Consolidated Net Revenues to be between $373 million and $377 million compared to $436.9 million in 2019, a decrease of -14.6% to -13.7% year over year.  For the fourth quarter, we expect Consolidated Net Revenues to be between $110 million and $114 million, an increase of +3.9% to +7.7% year over year.  Fourth quarter Consolidated Adjusted EBITDA is expected to be between $41 million and $43 million, an increase of +49.0% to 56.2%.  These improved estimates are a testament to the resilience of the platform of assets we have built, and the company's ability to protect the bottom line during the most drastic economic downturn in the company's history.  Additionally, the radio segment benefited from unprecedented levels of political advertising spending targeting African American voters.  Bolstered by this revenue, we expect our radio segment fourth quarter revenue to be down a low single-digits percentage year over year, a material improvement from second quarter's decline of -58.4% and third quarter's decline of -31.9%. Excluding political revenue, December gross radio pacings were down a low-teen percentage compared to December 2019, which continues our sequential core radio improvement.  Our digital segment also contributed to our better-than-expected results and is estimated to post its highest annual Adjusted EBITDA since its inception, of at least $4.0 million.  Year-end consolidated cash is expected to be between $70 million and $73 million, having repaid $27.5 million of ABL borrowings and year-end total gross debt is expected to be $855.2 million," commented Alfred C. Liggins III, Chief Executive Officer of Urban One, Inc.

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Comedian Pastor Fred Thomas dead from COVID-19 - The Christian Post


Pastor Fred Thomas | Facebook/Mary Thomas Walker
Pastor Fred Thomas, a beloved comedian and cast member of the popular Rickey Smiley Morning Show, known for his "Church in 60 Seconds" segment, has died following a two-week battle with the new coronavirus, his family announced.
Thomas, who founded the Word of Faith Church in McKinney, Texas, joined the Rickey Smiley Morning Show, led by fellow Christian comedian Rickey Smiley, in January.
His son, Au'mon Wyatt, announced his death on his Facebook page on Dec. 23.
“It is with heavy hearts that we announce the passing of my father Pastor Fred Thomas. This was not our will or desire, but it is the will of God in which we accept. Please pray for my family and I as we go through this trying time of loss. All will be well and we will make it through this as he would have wanted us to,” he wrote.

Texas , United-states , Faith-church , Leonardo-blair , Aumon-wyatt , Fred-thomas , Rickey-smiley , Desiree-thomas , Twitter , Facebook , Word-of-faith-church , Rickey-smiley-show

Urban One, Inc. Chairwoman Receives Congressional Recognition And NABJ Hall Of Fame Accolades For 40 Years Of Service To The African American Community


Urban One, Inc. Executive Vice President and Chief Adminstrative Office Karen Wishart announced today
Founder and Chairwoman, Cathy Hughes and
CEO Alfred Liggins III, have received Congressional commendations for Urban One's 40-year anniversary and its impact on the national media landscape.  Congressional leaders, the Honorable Eleanor Holmes Norton of the District of Columbia and the Honorable Chris Van Hollen of the State of Maryland both recognized
Urban One's 40 years of service with statements on the floors of the US House of Representatives and US Senate, respectively, as 2020 comes to a close.  Additionally, Hughes was inducted into the Hall of Fame for the National Association of Black Journalists (NABJ).

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Who Is Rickey Smiley? All About The Life Of The Radio And Comedy Star

Who Is Rickey Smiley? All About The Life Of The Radio And Comedy Star
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Job Opportunities

Job Opportunities
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