Radio One (company) - Divestures

Divestures

In the mid-2000s, Radio One began to consider selling non-core stations, stations that don't target African Americans or those in very small black markets (such as Augusta, Georgia where four stations were sold). The first case of this happened on August 22, 2006, when Radio One announced it would divest WILD-FM in Boston, the WILD for now is still owned by RO; however, it too will be divested. On May 18, 2007, Radio One also divested its Louisville and Dayton clusters which included various stations such as WDJX and WLRS and WGTZ among others, citing the low percentage of African Americans in both cities as well as the amount of Non Urban stations. In 2008, the company sold KRBV in Los Angeles.

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