SILVER SPRING, Md., April 20, 2017 /PRNewswire/ -- Today, Radio One announced its acquisition of Red Zebra Broadcastings' WWXT-FM and WXGI-AM. While Red Zebra, a sports marketing company, moves toward a more digital delivery system, Radio One, the largest urban radio broadcaster in the country expands its Washington, DC market and diversifies its Richmond market with this acquisition. DC's WMMJ MAJIC 102.3 FM, a leading Urban Adult Contemporary station, will simulcast on 92.7 FM and grow its listenership. In Richmond, Radio One will diversify its all-music cluster and maintain the sports radio format of WXGI 950 AM and simulcast the new Richmond ESPN Radio on 1240 AM and 102.7 FM. The local marketing agreement is effective May 1. The deal is anticipated to close by the end of June.
Alfred Liggins, CEO of Radio One said, "I still believe in the power of terrestrial radio and am excited about this deal with Red Zebra. I'm always willing to evaluate an opportunity that allows us to grow our radio assets and continue to diversify our radio group not just through syndication and digital, but good programming that serves our listeners."
Washington DC WMMJ 92.7 102.3 FM
Effective 12:01 a.m. on May 1st, WWXT-FM licensed to Prince Frederick, Maryland will be the simulcast home of The Sound of the DMV, MAJIC. Listeners will begin their day with the nationally syndicated, Russ Parr Morning Show weekdays from 6:00 a.m. to 10:00 a.m. Midday host Vic Jagger will keep listeners engaged Monday through Saturday from 10:00 a.m. to 3:00 p.m. Radio and television icon Donnie Simpson will continue to entertain listeners weekday afternoons from 3:00 p.m. to 7:00 p.m. And John Monds winds the night down with his nationally syndicated show, Love and R&B on Sunday through Thursday from 7:00 p.m. to midnight.
Richmond ESPN Radio 950 AM, 1240 AM and 102.7 FM
WXGI-AM, licensed to Richmond, is the flagship station of the Redskins and Washington Nationals in Richmond, as well as the University of Richmond Spiders football and basketball. Effective 12:01 a.m. on May 1st, listeners can expect the quality sports programming they've come to know to be maintained, just expanded on two additional frequencies. Most of the staff will transition to become Radio One Richmond employees.
About Radio One, Inc.
Radio One, Inc. (radio-one.com), together with its subsidiaries, is a diversified media company that primarily targets African-American and urban consumers. It is one of the nation's largest radio broadcasting companies, currently owning and/or operating 53 broadcast stations in 15 urban markets in the United States. Through its controlling interest in Reach Media, Inc. (blackamericaweb.com), the Company also operates syndicated programming including the Tom Joyner Morning Show, the Russ Parr Morning Show, the Rickey Smiley Morning Show, Get up Morning! with Erica Campbell, the DL Hughley Show, Bishop T.D. Jakes' Empowering Moments, the Ed Lover Show, the Willie Moore Jr Show, the Nightly Spirit with Darlene McCoy and the Reverend Al Sharpton Show. Beyond its core radio broadcasting franchise, Radio One owns Interactive One (interactiveone.com), the fastest growing and definitive digital resource for Black and Latin Americans, reaching millions each month through social content, news, information, and entertainment. Interactive One operates a number of branded sites including News One (news), The Urban Daily (men), Hello Beautiful (women), Global Grind (Millennials) and social networking websites such as BlackPlanet and MiGente. The Company also owns TV One, LLC (tvone.tv), a cable/satellite network programming serving more than 57 million households, offering a broad range of real-life and entertainment-focused original programming, classic series, movies and music designed to entertain, inform and inspire a diverse audience of adult Black viewers. Additionally, One Solution combines the dynamics of the Radio One's holdings to provide brands with an integrated and effectively engaging marketing approach that reaches 82% of Black Americans throughout the country.
SOURCE Radio One
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