UONEK
Urban One DยทNASDAQ
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UONEK Profile
Urban One, Inc.
American Wireless Broadcasting Corporation
1010 Wayne Avenue, 14th Floor, Silver Spring, Maryland 20910
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Urban One, Inc., is a Delaware corporation originally established in 1980. The Company and its subsidiaries are urban and multimedia oriented companies that primarily target African American and urban consumers. The company's core business is the radio broadcasting business, which is the largest radio broadcasting operation for African American or urban audiences. Although the company's main revenue comes from the sale of local and national radio advertising business, the company's business strategy is to provide digital multimedia entertainment and information content for African American and urban consumers. As a result, the Company has diversified its revenue stream through acquisitions and investments in other complementary media assets. Through its national multimedia business, the company provides advertisers with a unique and powerful delivery mechanism for African American and urban clients. Recently, in view of changes in rating methodology, economy and demographics, the company has restructured certain stations in certain underperforming markets. However, the company's core business is still primarily aimed at African-American or urban audiences and consumers.
