Political Starting To Flow For Radio One

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And that’s helping the company project a 3% gain so far for Q4, compared to 2015. Without the uptick in political revenue, Radio One would be pacing down in the single digits compared to last year. CFO Peter Thompson says the company has booked $4 million dollars in political revenue in Q4 so far. Radio One has written $7.3 million in political revenue for the year. They budgeted $7.5 million. CEO Alfred Liggins said that he started to see a real uptick in spending across the company platform when the race began to tighten up, and he was pleasantly surprised.

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