Radio One revenue up 11%

Story by Inside Radio

A combination of political revenue and an easy comparison to the prior year propelled Radio One’s core radio revenue to jump 11% to $60.2 million during the fourth quarter. If political dollars were factored out the quarter would have posted a 2.9% gain compared to a year earlier when revenue was down 4.2%. CEO Alfred Liggins says first quarter pacings are “encouraging” with business currently up mid-single digits over a year ago.