30.06.2006 16:00:00
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Chief Operating Officer Mary Catherine Sneed Leaves Radio One
Alfred Liggins, President and Chief Executive Offer of Radio Onewill serve as acting COO until a permanent replacement is named.
"Mary Catherine has been a valuable contributor to Radio One overthe years and we wish her well in her future endeavors," said Mr.Liggins.
Ms. Sneed served as COO of Radio One since January 1998 and priorto that was General Manager of Radio One of Atlanta, which wasacquired by Radio One.
Radio One, Inc. (www.radio-one.com) is the nation's seventhlargest radio broadcasting company (based on 2005 net broadcastrevenue) and the largest radio broadcasting company that primarilytargets African-American and urban listeners. Including announcedacquisitions, Radio One owns and/or operates 71 radio stations locatedin 22 urban markets in the United States and reaches approximately 14million listeners every week. Radio One also owns approximately 36% ofTV One, LLC (www.tvoneonline.com), a cable/satellite network,programming primarily to African-Americans, which is a joint venturewith Comcast Corporation and DIRECTV. Additionally, Radio One owns 51%of Reach Media, Inc. (www.blackamericaweb.com), owner of the TomJoyner Morning Show and other businesses associated with Tom Joyner, aleading urban media personality. Radio One also syndicates the onlynational African-American news/talk network on free radio and programsXM 169 The Power, an African-American news/talk channel on XMSatellite Radio.
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