RADIO ONE, INC. (NASDAQ:ROIA) Files An 8-K Results of Operations and Financial Condition
ITEM 2.02. Results of Operations and Financial Condition.
forth the results for its quarter ended December 31, 2016. A copy
of the press release is attached as Exhibit 99.1.
conditions and opportunities to refinance the approximately
$345.0 million in borrowings outstanding under its existing
senior credit facility, which matures in December 2018. While the
Company continually seeks to act opportunistically, there are no
assurances that the Company will complete any refinancing, in
whole or in part, of the existing senior credit facilities.
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Exhibit Number
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Description
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| 99.1 |
Press release dated March 7, 2017: Radio One, Inc.
Reports Fourth Quarter Results. |
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About RADIO ONE, INC. (NASDAQ:ROIA)
Radio One, Inc. together with its subsidiaries, is an urban-oriented, multi-media company. The Company’s radio broadcasting franchise business primarily targets African-American and urban listeners. It operates through four segments: radio broadcasting; Reach Media, Inc. (Reach Media); Internet, and cable television. The radio broadcasting segment consists of its radio broadcast operations. The Reach Media segment consists of the results of operations for the Tom Joyner Morning Show, and related activities and operations of other syndicated radio shows, including the Rickey Smiley Morning Show, the Yolanda Adams Morning Show, the Russ Parr Morning Show and the DL Hughley Show. The Internet segment includes the results of its online business, which includes Websites from all of its business divisions. The cable television segment consists of the operations of TV One, LLC. It owns and/or operates approximately 60 broadcast stations located in over 20 urban markets in the United States. RADIO ONE, INC. (NASDAQ:ROIA) Recent Trading Information
RADIO ONE, INC. (NASDAQ:ROIA) closed its last trading session up +0.42 at 2.97 with 4,680 shares trading hands.
