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BJ Murphy partners with Momentum Marketing and Credit X Man

BJ Murphy partners with Momentum Marketing and Credit X Man

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Radio Facts: BJ Murphy joint ventures with Momentum Marketing to stimulate the Success Movement All over the country with emphasis on Corporate Credit Building...

Radio One, Inc. Reports Q4 2011 Preliminary Revenue Information

 width=266 height=121 />Radio One, Inc. (NASDAQ: ROIAK and ROIA) today reported certain preliminary revenue information for the quarter ended December 31, 2011. Giving effect to the consolidation of TV One, consolidated net revenue increased approximately 37% compared to the same period in 2010. Revenue for the Company's core radio business, excluding Reach Media, decreased approximately 9.4% compared to Q4  2010, while Reach Media's revenue increased approximately 13% and the internet segment's revenue increased approximately 30%. Giving effect to a pro-forma consolidation of TV One, Q4 2011 consolidated net revenue was down approximately 2% compared to Q4 2010. Fourth quarter 2011 local radio revenues decreased approximately 4% and national radio revenues decreased approximately 22% compared to Q4 2010. The markets in which we operate radio stations were down approximately 3.8% for the quarter versus Q4 2010.(Logo: https://photos.prnewswire.com/prnh/20090806/PH57529LOGO )Looking at current pacings for Q1 2012, the core radio business revenue is currently up approximately 6%, TV One's revenue is currently up mid single digits, Reach Media's  revenues are expected to be broadly flat compared to Q1 2011 and our internet segment is currently up approximately 40% compared to Q1 2011. Given these trends, we are expecting a strong consolidated first half performance, and anticipate remaining in compliance with the various covenant tests contained within our credit agreement for the foreseeable future.The company will release its full fourth quarter 2011 earnings statement on March 15, 2012 and will hold a conference call at 10:00 AM EDT on that date to discuss the earnings in more depth.<strong>Cautionary Note Regarding Forward-Looking Statements</strong>This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements represent management's current expectations and are based upon information available to <a class=StrictlyAutoTagAnchor href=https://radiofacts.com/tag/radio-one/ title=Radio One at the time of this release. These forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond Radio One's control, that may cause the actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements.  Important factors that could cause actual results to differ materially are described in Radio One's reports on Form 10-K and other filings with the Securities and Exchange Commission.  Radio One does not undertake any duty to update any forward-looking statements.Radio One, Inc. (https://www.radio-one.com/) is a diversified media company that primarily targets African-American and Black consumers. The Company is one of the nation's largest radio broadcasting companies, currently owning or operating 53 broadcast stations located in 15 Black markets in the United States. As a part of its core broadcasting business, Radio One operates syndicated programming including the Russ Parr Morning Show, the Yolanda Adams Morning Show, the Rickey Smiley Morning Show, CoCo Brother Live, CoCo Brother's "Spirit" program, Bishop T.D. Jakes' "Empowering Moments", the Reverend Al Sharpton Show, and the Warren Ballentine Show. The Company also owns a controlling interest in Reach Media, Inc. (https://www.blackamericaweb.com/), owner of the Tom Joyner Morning Show (TJMS) and other businesses associated with Tom Joyner . Beyond its core radio broadcasting business, Radio One owns Interactive One (https://www.interactiveone.com/), an online platform serving the African-American community through social content, news, information, and entertainment, which operates a number of branded sites, including News One, UrbanDaily, HelloBeautiful, Community Connect Inc. (https://www.communityconnect.com/), an online social networking company, which operates a number of branded websites, including BlackPlanet, MiGente, and Asian Avenue. In addition, the Company owns a controlling interest in TV One, LLC ), a cable/satellite network programming primarily to African-Americans.

Prepaid Cards Generally Deemed Rip Off: Tom Joyner still offers his new one to...

 width=300 height=201>Amidst the recent heartfelt story of a DJ who fell from grace, got involved in drugs and alcohol and was booted out of the radio industry a decade ago, ending up homeless and on the streets, we in the industry are reminded of the MANY black radio announcers who are out of work and who may even be homeless as well.Tom Joyner is a national radio host.   Joyner is not local and while Joyner may be considered by some to be community based and an advocate of issues that concern the black community, there is no longer the much-needed LOCAL community connection black listeners were once afforded and desperately NEED from black radio stations.While syndication has its place, many in Black radio wonder when is a little, just too much? Has Black radio, which was once the ONLY voice for the black community besides the black church, now become a money making machine for mega hosts to take advantage of the amount of listeners they have in various markets?Syndicated radio host Tom Joyner , a popular figure in the black community, is lending his voice to a prepaid card even though several celebrities have come under fire for doing so recently because this cards charge excessive fees   and are often marketed to low income groups who are want to be affiliated with Prepaid cards function much like debit cards but aren't tied to bank accounts and users can load the cards with a desired dollar amount and reload them as needed. What kind of a "credit card" is that? That's the consumer's own money and they are paying to use their own MONEY? Joyner is trying to clean up the situation but saying unlike some other cards on the market, his new Reach Card has three clearly disclosed fees: a $9.95 activation fee, an $8.95 monthly fee and a $2.50 ATM withdrawal fee.... but the 59-year-old radio vet is not including the fees charged when you use the ATM machine that belongs to the bank which could be up to an additional $3.00 (or more) so the ACTUAL ATM fee, for example could be a whopping $5.50 per use! Some of these trashy cards also include overdraft fees for using YOUR OWN MONEY which some banks charge as high as $39.00 EACH so you can almost bet the prepaid company will charge even more.   Can you imagine you are overdrawn by $2.00 and you are charged $39,00 as a penalty ON YOUR OWN MONEY?The Reach card should cost about $120 a year for most users. $120 a year to use your own money, for a piece of plastic to build your self esteem? Why not, I don't know... USE YOU OWN CASH and save those excessive fees?   PreCash is the company issuing the card in partnership with Joyner. The radio host last week began reading ads for the card on his morning show, which reaches 8 million black listeners a week in more than 100 markets. That's significant because blacks are more likely to be unbanked or underbanked, meaning they avoid traditional banking services, which in comparison to this is a damn shame. It would help if Tom had a financial advisor on the show on a regular basis to teach black listeners the BENEFIT of working with financial institutions and handling their money.... Oh, TOM can't make any money that way.   What are we thinking?The Reach card was designed specifically with Joyner's listeners in mind, said Mia Mends, general manager of PrePaid debit for PreCash. "We don't assume all of them are unbanked or underbanked, but there's probably some overlap." She forgot to include "Child, we just want dey damn money." That the biggest crock of bullsh... we've ever heard and Mia is full of Diarrhea. PreCash see a way of making some damn PreSTASH at the black listeners expense. Tell the damn truth.One celebrity-endorsed card that generated sharp criticism was the Kardashian Kard, which bore the image of the reality TV sisters. But Kim, Khloe and Kourtney cut ties with the card when its high fees were slammed by consumer groups.Before it was taken off the market last month, the Kardashian Kard cost $59.95 for six months, or $99.95 for 12 months. That translates to between about $8 to $10 per month. But there were numerous other fees for balance inquiries, ATM withdrawals, customer service calls and cancellation."This is why we're so baffled as to why customers think these (prepaid) cards are cheaper than a bank account," said Suzanne Martindale, an attorney and associate policy analyst with Consumers Union, an advocacy group.

Multi-Platinum R&B Group Sensation Dru Hill Reunites and Signs with Kedar Entertainment

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Radio Facts: First Studio Recording in Eight Years"InDRUpendence Day" in stores April 13, 2010Single "Love M.D." Impacting Multiple Radio Formats on...

Emmis Triumphs in Hungarian Court: Ruling Means Only Sláger and Danubius Are Qualified Bidders

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Radio Facts: Indianapolis....This morning a Hungarian court ruled in favor of Emmis Communications Corporation (Nasdaq: EMMS)-owned Sláger Radio that the National Radio and ...

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