Urban One Was Not A Player


CEO Alfred Liggins says Urban One was not in on the Entercom/CBS divestitures. “We saw the lineup, we did not participate.” Liggins said only two stations were urban focused and there were a number of markets in play where Urban One doesn’t own stations. The company typically looks for stations where it already has clusters that can help it de-lever. Urban One will have a new competitor in Richmond after Entercom entered the market, taking over the iHeart stations in one of the swaps announced Wednesday.


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