Exhibit 99.1 FOR IMMEDIATE RELEASE (301) 429-4638 August 13, 2025 Contact: Peter D. Thompson, EVP and CFO URBAN ONE, INC. REPORTS SECOND QUARTER 2025 RESULTS NEWS RELEASE Silver Spring, MD: - Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the three months ended June 30, 2025. For the three months ended June 30, 2025, net revenue was approximately $91.6 million, a decrease of 22.2% from the same period in 2024. The Company reported operating loss of approximately $120.7 million for t ...

Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 Commission File No. 0-25969 URBAN ONE, INC. (Exact name of registrant as specified in its charter) Delaware 52-1166660 (301) 429-3200 Registrant's telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: | Title of each class: | Trading Symbol(s) | Nam ...

[PART I. FINANCIAL INFORMATION](index=4&type=section&id=PART%20I%20Financial%20Information) This part presents the Company's unaudited condensed consolidated financial statements and management's discussion and analysis for the quarter [Item 1. Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for Urban One, Inc. and its subsidiaries, including statements of operations, comprehensive income, balance sheets, changes in stockholders' equity, and cash flows, along with detailed notes providing context and breakdowns of key financial figures and accounting policies [Condensed Consolidated Statements of Operations](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) This section presents the Company's unaudited condensed consolidated statements of operations, detailing net revenue, operating income, and net loss/income for the three months ended March 31, 2025 and 2024 | Metric | 3 Months Ended March 31, 2025 (in thousands) | 3 Months Ended March 31, 2024 (in thousands) | Change (YoY) | | :--------------------------------- | :--------------------------------------------- | :--------------------------------------------- | :--------------------------------------------- | | Net Revenue | $92,235 | $104,410 | $(12,175) (-11.7%) | | Operating Income | $2,098 | $12,888 | $(10,790) (-83.7%) | | Net (Loss) Income from Consolidated Operations | $(11,739) | $8,146 | $(19,885) (NM) | | Net (Loss) Income Attributable to Common Stockholders | $(11,742) | $7,493 | $(19,235) (NM) | | Basic EPS | $(0.26) | $0.15 | $(0.41) (NM) | | Diluted EPS | $(0.26) | $0.15 | $(0.41) (NM) | [Condensed Consolidated Statements of Comprehensive (Loss) Income](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20%28Loss%29%20Income) This section presents the Company's unaudited condensed consolidated statements of comprehensive loss/income for the three months ended March 31, 2025 and 2024 | Metric | 3 Months Ended March 31, 2025 (in thousands) | 3 Months Ended March 31, 2024 (in thousands) | | :--------------------------------------------- | :--------------------------------------------- | :--------------------------------------------- | | Net (Loss) Income | $(11,739) | $7,735 | | Other Comprehensive (Loss) Income | — | — | | Comprehensive (Loss) Income | $(11,739) | $7,735 | | Comprehensive (Loss) Income Attributable to Common Stockholders | $(11,742) | $7,493 | [Condensed Consolidated Balance Sheets](index=6&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) This section presents the Company's unaudited condensed consolidated balance sheets, detailing assets, liabilities, and stockholders' equity as of March 31, 2025 and December 31, 2024 | Metric | March 31, 2025 (in thousands) | December 31, 2024 (in thousands) | Change | | :--------------------------------- | :-------------------------------- | :--------------------------------- | :--------------------------------- | | Total Current Assets | $263,596 | $305,379 | $(41,783) | | Cash and Cash Equivalents | $115,084 | $137,090 | $(22,006) | | Total Assets | $890,551 | $944,790 | $(54,239) | | Total Current Liabilities | $89,037 | $114,302 | $(25,265) | | Long-Term Debt, net | $551,494 | $579,069 | $(27,575) | | Total Liabilities | $727,595 | $765,857 | $(38,262) | | Total Stockholders' Equity | $159,238 | $170,945 | $(11,707) | [Condensed Consolidated Statements of Changes in Stockholders' Equity](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Changes%20in%20Stockholders'%20Equity) This section presents the Company's unaudited condensed consolidated statements of changes in stockholders' equity for the three months ended March 31, 2025 and 2024 | Metric | 3 Months Ended March 31, 2025 (in thousands) | 3 Months Ended March 31, 2024 (in thousands) | | :--------------------------------------------- | :--------------------------------------------- | :--------------------------------------------- | | Balance as of Dec 31, 2024/2023 | $170,945 | $274,065 | | Net (Loss) Income Attributable to Urban One | $(11,742) | $7,493 | | Stock-based Compensation Expense | $527 | $1,384 | | Repurchase of Class A Common Stock | $(666) | — | | Repurchase of Class D Common Stock | $(265) | $(1,386) | | Total Stockholders' Equity as of Mar 31, 2025/2024 | $159,238 | $285,202 | [Condensed Consolidated Statements of Cash Flows](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) This section presents the Company's unaudited condensed consolidated statements of cash flows, detailing operating, investing, and financing activities for the three months ended March 31, 2025 and 2024 | Metric | 3 Months Ended March 31, 2025 (in thousands) | 3 Months Ended March 31, 2024 (in thousands) | Change (YoY) | | :--------------------------------------------- | :--------------------------------------------- | :--------------------------------------------- | :--------------------------------------------- | | Net Cash Flows Provided by (Used in) Operating Activities | $2,085 | $(2,477) | $4,562 | | Net Cash Flows (Used in) Provided by Investing Activities | $(2,547) | $406 | $(2,953) | | Net Cash Flows Used in Financing Activities | $(21,544) | $(75,753) | $54,209 | | Net Decrease in Cash, Cash Equivalents and Restricted Cash | $(22,006) | $(77,824) | $55,818 | | Cash, Cash Equivalents and Restricted Cash, End of Period | $115,568 | $155,746 | $(40,178) | [Notes to the Condensed Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) This section provides detailed explanatory notes to the unaudited condensed consolidated financial statements, offering context for accounting policies, revenue, debt, and other financial items [1. Organization](index=14&type=section&id=Note%201.%20Organization) Urban One, Inc. is an urban-oriented multi-media company primarily targeting African-American and urban consumers, operating 72 broadcast stations, two cable TV networks (TV One, CLEO TV), syndicated radio programming (Reach Media), and digital platforms (Interactive One) - Urban One is a multi-media company targeting African-American and urban consumers, with core businesses in radio broadcasting (**72 stations**), cable television (TV One, CLEO TV), syndicated radio (Reach Media), and digital platforms (Interactive One)[33](index=33&type=chunk) [2. Summary of Significant Accounting Policies](index=14&type=section&id=Note%202.%20Summary%20of%20Significant%20Accounting%20Policies) This section outlines the basis of presentation for the unaudited condensed consolidated financial statements, prepared in conformity with GAAP and SEC rules, emphasizing the use of estimates, principles of consolidation, and reclassification of prior-period amounts. It also notes the seasonal fluctuations in revenue and recently issued accounting pronouncements - Financial statements are prepared under GAAP and SEC rules, relying on management estimates for areas like future cash flows, fair value, and deferred taxes[36](index=36&type=chunk)[43](index=43&type=chunk)[44](index=44&type=chunk) - The company's results are subject to seasonal fluctuations, with the first calendar quarter typically having the lowest revenues, and even years often seeing increased political advertising[39](index=39&type=chunk) - The company is evaluating the impact of new FASB ASUs on income tax disclosures (ASU 2023-09, effective after Dec 15, 2024) and disaggregation of income statement expenses (ASU 2024-03, effective after Dec 15, 2026)[48](index=48&type=chunk)[49](index=49&type=chunk)[50](index=50&type=chunk) [3. Net Revenue](index=18&type=section&id=Note%203.%20Net%20Revenue) This note details the sources of net revenue by contract type and segment for Q1 2025 and 2024, showing a reclassification of CTV offering revenues from Digital to Cable Television effective January 1, 2025, and providing information on contract assets and liabilities | Revenue Source (in thousands) | Q1 2025 | Q1 2024 | Change (YoY) | | :---------------------------- | :------ | :------ | :----------- | | Radio advertising | $36,217 | $41,341 | $(5,124) | | Political advertising | $150 | $1,237 | $(1,087) | | Digital advertising | $10,211 | $12,167 | $(1,956) | | Cable Television advertising | $25,425 | $27,144 | $(1,719) | | Cable Television affiliate fees | $18,717 | $20,787 | $(2,070) | | Event revenues & other | $1,515 | $1,734 | $(219) | | **Total Net Revenue** | **$92,235** | **$104,410** | **$(12,175)** | - Effective January 1, 2025, a portion of revenues from the CTV offering was reclassified from the Digital segment to the Cable Television segment[51](index=51&type=chunk) | Contract Liabilities (in thousands) | March 31, 2025 | December 31, 2024 | | :---------------------------------- | :--------------- | :---------------- | | Customer advances and unearned income | $2,499 | $2,200 | | Reserve for audience deficiency | $19,467 | $22,383 | | Unearned event income | $2,292 | $1,152 | | Total deferred barter revenue | $1,959 | $2,101 | [4. Earnings Per Share](index=19&type=section&id=Note%204.%20Earnings%20Per%20Share) This note explains the calculation of basic and diluted EPS using the two-class method for Class A, B, C, and D common stock, noting that the rights are identical except for voting, conversion, and transfer. For Q1 2025, both basic and diluted EPS were a loss of $0.26, compared to a gain of $0.15 in Q1 2024 | EPS Metric | 3 Months Ended March 31, 2025 | 3 Months Ended March 31, 2024 | | :---------------------------------------------------------------- | :------------------------------ | :------------------------------ | | Net (Loss) Income Attributable to Stockholders (in thousands) | $(11,742) | $7,493 | | Basic EPS | $(0.26) | $0.15 | | Diluted EPS | $(0.26) | $0.15 | | Weighted-Average Shares Outstanding (Basic) | 44,421,652 | 48,385,386 | | Weighted-Average Shares Outstanding (Diluted) | 44,421,652 | 49,921,803 | - Approximately **5.8 million** and **2.3 million** potentially dilutive securities were excluded from diluted EPS calculation for Q1 2025 and Q1 2024, respectively, as their inclusion would have been antidilutive[57](index=57&type=chunk) [5. Fair Value Measurements](index=20&type=section&id=Note%205.%20Fair%20Value%20Measurements) This note discusses the fair value measurements of financial assets and liabilities, categorizing them into Level 1 and Level 3. It highlights the Employment Agreement Award and Redeemable non-controlling interests as Level 3 liabilities, with their fair values and changes detailed, and cash equivalents in money market funds as Level 1 assets | Item (in thousands) | March 31, 2025 | December 31, 2024 | Level | | :-------------------------------- | :--------------- | :---------------- | :---- | | Employment Agreement Award | $11,063 | $10,426 | Level 3 | | Redeemable Non-controlling Interests | $3,718 | $7,988 | Level 3 | | Cash Equivalents - Money Market Funds | $71,257 | $102,258 | Level 1 | - The Employment Agreement Award's fair value increased by **$637 thousand** in Q1 2025, while Redeemable non-controlling interests decreased by **$105 thousand**, both measured using discounted cash flow and market approaches with significant unobservable inputs[60](index=60&type=chunk)[62](index=62&type=chunk) [6. Investments](index=22&type=section&id=Note%206.%20Investments) This note highlights the termination of the RVA Entertainment Holding joint venture in February 2024, which was formed in 2021 to develop a casino resort in Richmond - The RVA Entertainment Holding joint venture, formed in 2021 with CDI to develop a casino resort in Richmond, was terminated in February 2024[64](index=64&type=chunk) [7. Content Assets](index=23&type=section&id=Note%207.%20Content%20Assets) This note provides a breakdown of content assets, net, including licensed and produced content, and details the amortization expense for the three months ended March 31, 2025, and 2024 | Content Assets (in thousands) | March 31, 2025 | December 31, 2024 | | :---------------------------- | :--------------- | :---------------- | | Licensed Content, net | $23,460 | $25,389 | | Produced Content, net | $98,122 | $98,165 | | Total Content Assets, net | $121,582 | $123,729 | | Less: current portion | $(36,538) | $(36,861) | | Noncurrent Portion | $85,044 | $86,868 | | Content Amortization (in thousands) | 3 Months Ended March 31, 2025 | 3 Months Ended March 31, 2024 | | :---------------------------------- | :------------------------------ | :------------------------------ | | Acquired Content | $3,979 | $3,357 | | Produced Content | $5,903 | $8,087 | | **Total Content Amortization** | **$9,882** | **$11,444** | [8. Related Party Transactions](index=23&type=section&id=Note%208.%20Related%20Party%20Transactions) This note describes related party transactions, primarily involving Reach Media's operation of the Tom Joyner Foundation's Fantastic Voyage® cruise and office facilities, and the Company's former equity interest in BMI and related license fees - Reach Media operates the Fantastic Voyage® fundraising cruise for the Tom Joyner Foundation, bearing the risk of loss and credit risk for passenger sales. A new agreement (FV Revised Agreement) is effective for cruises starting 2025[66](index=66&type=chunk)[67](index=67&type=chunk) - Urban One's CEO, Alfred C. Liggins, III, was a compensated board member of BMI until its sale on February 8, 2024, which resulted in **$0.8 million** cash proceeds for the Company[69](index=69&type=chunk) [9. Goodwill and Other Intangible Assets](index=25&type=section&id=Note%209.%20Goodwill%20and%20Other%20Intangible%20Assets) This note details changes in goodwill and intangible assets, including a reclassification of goodwill related to CTV offering, a $6.4 million impairment loss on radio broadcasting licenses in Q1 2025, and a change in the useful life of the TV One Trade Name from indefinite to finite, resulting in $0.6 million amortization expense | Goodwill (in thousands) | December 31, 2024 | March 31, 2025 | | :---------------------- | :---------------- | :------------- | | Net Goodwill | $196,425 | $196,425 | - An impairment loss of approximately **$6.4 million** was recognized for radio broadcasting licenses in Q1 2025 due to declining projected gross market revenues and operating profit margins in five radio markets[71](index=71&type=chunk)[73](index=73&type=chunk) - The useful life of the TV One Trade Name was changed from indefinite to a **20-year finite life** effective January 1, 2025, due to industry conditions and subscriber churn, resulting in **$0.6 million** amortization expense in Q1 2025[78](index=78&type=chunk) [10. Long-Term Debt](index=28&type=section&id=Note%2010.%20Long-Term%20Debt) This note provides details on the Company's long-term debt, primarily the 2028 Notes, including interest rates, security, and repurchase activities. It also covers the Current ABL Facility and future principal payments | Debt Type (in thousands) | March 31, 2025 | December 31, 2024 | | :----------------------- | :--------------- | :---------------- | | 2028 Notes | $556,348 | $584,575 | | Long-term debt, net | $551,494 | $579,069 | - The Company repurchased approximately **$28.2 million** of its 2028 Notes in Q1 2025 at an average price of **58.0% of par**, resulting in an **$11.6 million** gain on retirement of debt[87](index=87&type=chunk)[157](index=157&type=chunk)[181](index=181&type=chunk) - The Current ABL Facility provides up to **$50.0 million** in revolving loan borrowings and a **$5.0 million** letter of credit facility, with no outstanding balance as of March 31, 2025[89](index=89&type=chunk)[182](index=182&type=chunk) | Future Principal Payments (in thousands) | 2028 Notes | | :------------------------------------- | :--------- | | April-December 2025 | $— | | 2026 | $— | | 2027 | $— | | 2028 | $556,348 | | 2029 | $— | | **Total Debt** | **$556,348** | [11. Income Taxes](index=30&type=section&id=Note%2011.%20Income%20Taxes) This note explains the Company's income tax provision, which resulted in a 399.5% effective tax rate for Q1 2025 due to a $14.6 million discrete tax expense for valuation allowance on net operating losses and $0.2 million for stock-based compensation - For Q1 2025, the Company recorded a provision for income taxes of approximately **$15.7 million** on pre-tax income of **$3.9 million**, resulting in an effective tax rate of **399.5%**[97](index=97&type=chunk)[159](index=159&type=chunk) - The high effective tax rate is primarily due to a **$14.6 million** discrete tax expense related to valuation allowance for net operating losses and **$0.2 million** for stock-based compensation[97](index=97&type=chunk)[159](index=159&type=chunk) [12. Stockholders Equity](index=30&type=section&id=Note%2012.%20Stockholders%20Equity) This note covers actions related to stockholders' equity, including a Board-authorized reverse stock split (subject to stockholder approval), ongoing stock repurchase programs for both employee and general market shares, and activity under the 2019 Equity and Performance Incentive Plan for stock options and restricted stock - The Board of Directors authorized a reverse stock split across all common stock classes, subject to stockholder approval at the 2025 annual meeting[100](index=100&type=chunk) - The Company repurchased **449,252 shares** of Class A common stock for **$0.7 million** and **204,646 shares** of Class D common stock for **$0.2 million** under the 2024 Stock Repurchase Program in Q1 2025, with **$12.7 million** remaining under authorization[104](index=104&type=chunk)[176](index=176&type=chunk)[177](index=177&type=chunk) - The 2019 Equity and Performance Incentive Plan was amended to increase available shares for issuance, with **6,570,707 shares** available to grant as of March 31, 2025[107](index=107&type=chunk) | Stock Option Activity (Class D) | Outstanding at Dec 31, 2024 | Grants | Forfeited | Cancelled/Expired/Settled | Outstanding at Mar 31, 2025 | | :------------------------------ | :-------------------------- | :----- | :-------- | :------------------------ | :-------------------------- | | Number of Options | 5,436,715 | 362,301 | (44,231) | (61,420) | 5,693,365 | | Weighted-Average Exercise Price | $2.83 | $0.81 | $1.11 | $4.76 | $2.69 | | Restricted Stock Activity (Class D) | Unvested at Dec 31, 2024 | Grants | Vested | Forfeited/Cancelled/Expired | Unvested at Mar 31, 2025 | | :---------------------------------- | :----------------------- | :----- | :----- | :-------------------------- | :----------------------- | | Shares | 848,863 | 850,879 | (776,982) | (31,532) | 891,228 | | Average Fair Value at Grant Date | $1.90 | $0.84 | $1.51 | $1.11 | $1.26 | [13. Segment Information](index=36&type=section&id=Note%2013.%20Segment%20Information) This note provides financial information for the Company's four reportable segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. It details net revenue and Adjusted EBITDA for each segment, noting a reclassification of CTV offering revenues and segment expenses effective January 1, 2025, to align with operational changes - Effective January 1, 2025, the CTV offering was reclassified from the Digital segment to the Cable Television segment, and segment expenses were recast to conform to the presentation used by the CODM[113](index=113&type=chunk)[118](index=118&type=chunk) | Segment Net Revenue (in thousands) | Q1 2025 | Q1 2024 | Change (YoY) | | :--------------------------------- | :------ | :------ | :----------- | | Radio Broadcasting | $32,610 | $36,351 | $(3,741) | | Reach Media | $5,853 | $8,472 | $(2,619) | | Digital | $10,212 | $12,189 | $(1,977) | | Cable Television | $44,193 | $48,004 | $(3,811) | | **Total Net Revenue** | **$92,235** | **$104,410** | **$(12,175)** | | Segment Adjusted EBITDA (in thousands) | Q1 2025 | Q1 2024 | Change (YoY) | | :------------------------------------- | :------ | :------ | :----------- | | Radio Broadcasting | $2,848 | $5,634 | $(2,786) | | Reach Media | $(551) | $1,830 | $(2,381) | | Digital | $58 | $2,347 | $(2,289) | | Cable Television | $18,592 | $19,301 | $(709) | | **Total Segment Adjusted EBITDA** | **$20,947** | **$29,112** | **$(8,165)** | [14. Commitments and Contingencies](index=38&type=section&id=Note%2014.%20Commitments%20and%20Contingencies) This note outlines the Company's various commitments and contingencies, including radio broadcasting license renewals, royalty agreements with PROs, the Reach Media non-controlling interest Put Right, and an ongoing investigation into a cybersecurity incident - The Company's radio broadcasting licenses expire between October 2027 and August 2030, with renewal applications expected to be filed[120](index=120&type=chunk) - Royalty agreements with performing rights organizations (ASCAP, BMI, SESAC, GMR) are subject to renewal negotiations, which could impact music license fees. RMLC has reached settlements with GMR and SESAC, and is negotiating with BMI[121](index=121&type=chunk)[122](index=122&type=chunk)[123](index=123&type=chunk) - Certain non-controlling interest shareholders of Reach Media exercised their annual Put Right for **$3.2 million** on February 14, 2025, increasing the Company's interest to **94.6%**[124](index=124&type=chunk)[215](index=215&type=chunk) - The Company is investigating a cybersecurity incident from February 2025 where an unauthorized third party accessed IT systems and exfiltrated information, but it does not expect a material impact on business or financial results[128](index=128&type=chunk) [15. Subsequent Events](index=40&type=section&id=Note%2015.%20Subsequent%20Events) This note reports on events occurring after March 31, 2025, including further repurchases of 2028 Notes and common stock, and the resignation of the Chief Information Officer - Since April 1, 2025, the Company repurchased approximately **$60.4 million** of its 2028 Notes at an average price of **52.0% of par**[129](index=129&type=chunk) - Since April 1, 2025, the Company repurchased **54,800 shares** of Class A common stock for **$0.1 million** and **118,533 shares** of Class D common stock for **$0.1 million**[129](index=129&type=chunk)[130](index=130&type=chunk) - The Company's Chief Information Officer resigned on April 24, 2025, and a search is underway for a replacement[130](index=130&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=31&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) This section provides management's perspective on the Company's financial performance and condition, discussing revenue drivers, expense management, detailed results of operations, liquidity, capital resources, and critical accounting policies and estimates [Introduction](index=41&type=section&id=MD%26A%20Introduction) This introduction outlines the primary revenue drivers for the Company's core radio business and defines net revenue calculation - Core radio business revenue is primarily from advertising time and program sponsorships, influenced by advertising rates, audience share, market competition, and demand[132](index=132&type=chunk) - Net revenue is gross revenue minus local and national agency and outside sales representative commissions[133](index=133&type=chunk) [Revenue](index=41&type=section&id=MD%26A%20Revenue) This section analyzes the Company's net revenue performance by segment and source for Q1 2025 and 2024, highlighting key drivers of changes | Segment Revenue Contribution | Q1 2025 | Q1 2024 | | :--------------------------- | :------ | :------ | | Radio Broadcasting | 35.4% | 34.8% | | Reach Media | 6.3% | 8.1% | | Digital | 11.1% | 11.7% | | Cable Television | 47.9% | 46.0% | | Revenue Source (in thousands) | Q1 2025 | Q1 2024 | Change (YoY) | | :---------------------------- | :------ | :------ | :----------- | | Radio advertising | $36,217 | $41,341 | $(5,124) (-12.4%) | | Political advertising | $150 | $1,237 | $(1,087) (-87.9%) | | Digital advertising | $10,211 | $12,167 | $(1,956) (-16.1%) | | Cable television advertising | $25,425 | $27,144 | $(1,719) (-6.3%) | | Cable television affiliate fees | $18,717 | $20,787 | $(2,070) (-10.0%) | | Event revenues & other | $1,515 | $1,734 | $(219) (-12.6%) | | **Total Net Revenue** | **$92,235** | **$104,410** | **$(12,175) (-11.7%)** | - Decreases in revenue were primarily due to weaker national advertiser demand and lower political revenues in Radio Broadcasting, decreased overall demand and advertiser attrition in Reach Media, lower national digital sales in Digital, and subscriber churn in Cable Television[147](index=147&type=chunk) [Expenses](index=42&type=section&id=MD%26A%20Expenses) This section discusses the Company's significant operating expenses and strategies for cost control - Significant expenses include employee salaries/commissions, programming, marketing, facility rentals, transmission tower space, music license royalty fees, and content amortization[142](index=142&type=chunk) - The Company controls expenses by centralizing functions (finance, accounting, legal, HR, IT) and leveraging market presence for favorable rates with vendors and selling agencies[142](index=142&type=chunk) [Results of Operations](index=45&type=section&id=MD%26A%20Results%20of%20Operations) This section provides a detailed analysis of the Company's financial performance, including net revenue, operating expenses, and net income/loss, for Q1 2025 and 2024 | Metric (in thousands) | Q1 2025 | Q1 2024 | Change (YoY) | | :------------------------------------------------ | :------ | :------ | :----------- | | Net Revenue | $92,235 | $104,410 | $(12,175) (-11.7%) | | Total Operating Expenses | $90,137 | $91,522 | $(1,385) (-1.5%) | | Operating Income | $2,098 | $12,888 | $(10,790) (-83.7%) | | Interest Expense | $(10,924) | $(12,998) | $2,074 (-16.0%) | | Gain on Retirement of Debt | $11,587 | $7,874 | $3,713 (47.2%) | | Provision for Income Taxes | $(15,658) | $(2,502) | $(13,156) (NM) | | Net (Loss) Income Attributable to Common Stockholders | $(11,742) | $7,493 | $(19,235) (NM) | | Operating Expense (in thousands) | Q1 2025 | Q1 2024 | Change (YoY) | | :----------------------------------------------- | :------ | :------ | :----------- | | Programming and technical (excl. stock-based comp) | $30,598 | $32,659 | $(2,061) (-6.3%) | | Selling, general and administrative (excl. stock-based comp) | $50,105 | $55,629 | $(5,524) (-9.9%) | | Stock-based compensation | $676 | $1,384 | $(708) (-51.2%) | | Depreciation and amortization | $2,315 | $1,850 | $465 (25.1%) | | Impairment of intangible assets | $6,443 | $— | $6,443 (NM) | - Broadcast and digital operating income decreased by **28.1%** to **$23.0 million** in Q1 2025, primarily due to lower income across all segments except Cable Television[165](index=165&type=chunk) | Non-GAAP Metric (in thousands) | Q1 2025 | Q1 2024 | | :----------------------------- | :------ | :------ | | Net Revenue | $92,235 | $104,410 | | Broadcast and Digital Operating Income | $23,016 | $32,014 | | Adjusted EBITDA | $12,857 | $22,257 | | Net (Loss) Income to Common Stockholders | $(11,742) | $7,493 | [Liquidity and Capital Resources](index=55&type=section&id=MD%26A%20Liquidity%20and%20Capital%20Resources) This section discusses the Company's liquidity sources, capital resources, debt management, and cash flow activities - Primary liquidity sources are cash from operations and the **$50.0 million** Current ABL Facility, which had no outstanding borrowings as of March 31, 2025[171](index=171&type=chunk)[182](index=182&type=chunk) - Macroeconomic conditions, including tariffs, inflation, and interest rates, may adversely affect revenues[172](index=172&type=chunk) - The Company repurchased **$28.2 million** of its 2028 Notes in Q1 2025, resulting in an **$11.6 million** gain on retirement of debt[181](index=181&type=chunk) - Net cash flows from operating activities increased to **$2.1 million** in Q1 2025 from **$(2.5) million** in Q1 2024, primarily due to increased accounts receivable collection and lower content payments[189](index=189&type=chunk) - Net cash flows used in financing activities decreased significantly to **$21.5 million** in Q1 2025 from **$75.8 million** in Q1 2024, driven by lower debt repurchases and non-controlling interest payments[192](index=192&type=chunk) [Critical Accounting Policies](index=59&type=section&id=MD%26A%20Critical%20Accounting%20Policies) This section confirms no significant changes to critical accounting policies from the prior annual report - No significant changes in critical accounting policies from the 2024 Form 10-K[194](index=194&type=chunk) [Critical Accounting Estimates](index=61&type=section&id=MD%26A%20Critical%20Accounting%20Estimates) This section discusses critical accounting estimates, including impairment losses on intangible assets and changes in useful lives, and their financial impact - No significant changes in critical accounting estimates from the 2024 Form 10-K[195](index=195&type=chunk) - A **$6.4 million** impairment loss was recognized for radio broadcasting licenses in Q1 2025 due to declining market revenues and operating profit margins, with sensitivity analysis showing potential for further impairment under adverse conditions[196](index=196&type=chunk)[198](index=198&type=chunk)[201](index=201&type=chunk)[203](index=203&type=chunk) - The TV One Trade Name's useful life was changed to **20 years** from indefinite, resulting in **$0.6 million** amortization expense in Q1 2025, driven by industry conditions and subscriber churn[204](index=204&type=chunk) [Recent Accounting Pronouncements](index=63&type=section&id=MD%26A%20Recent%20Accounting%20Pronouncements) This section refers to Note 2 for a summary of recently issued accounting pronouncements and their potential impact - Refer to Note 2 for a summary of recent accounting pronouncements[207](index=207&type=chunk) [Capital and Commercial Commitments](index=63&type=section&id=MD%26A%20Capital%20and%20Commercial%20Commitments) This section details the Company's contractual obligations, including debt, operating contracts, and lease commitments | Contractual Obligations (in thousands) | Remainder of 2025 | 2026 | 2027 | 2028 | 2029 | 2030 and Beyond | Total | | :------------------------------------- | :---------------- | :--- | :--- | :--- | :--- | :-------------- | :---- | | 2028 Notes (principal + interest) | $20,515 | $41,031 | $41,031 | $576,863 | $— | $— | $679,440 | | Other operating contracts/agreements | $50,758 | $18,792 | $6,783 | $3,338 | $3,285 | $54 | $83,010 | | Operating lease obligations | $6,259 | $7,967 | $7,191 | $6,245 | $5,791 | $22,769 | $56,222 | | **Total** | **$77,532** | **$67,790** | **$55,005** | **$586,446** | **$9,076** | **$22,823** | **$818,672** | - Approximately **$53.0 million** of other operating contracts and agreements are not recorded on the balance sheet as of March 31, 2025, as they do not meet recognition criteria[219](index=219&type=chunk) - The Current ABL Facility provides up to **$50.0 million** in revolving loan borrowings and a **$5.0 million** letter of credit facility, with no outstanding balance as of March 31, 2025[220](index=220&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=66&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This section states that the Company is a smaller reporting company and is therefore not required to provide quantitative and qualitative disclosures about market risk - Not required for smaller reporting companies[221](index=221&type=chunk) [Item 4. Controls and Procedures](index=66&type=section&id=Item%204.%20Controls%20and%20Procedures) This section reports that the Company's disclosure controls and procedures were not effective as of March 31, 2025, due to identified material weaknesses in internal control over financial reporting, specifically concerning entity-level controls, IT general controls, and financial statement close process controls - The Company's disclosure controls and procedures were not effective as of March 31, 2025, due to material weaknesses in internal control over financial reporting[223](index=223&type=chunk) - Material weaknesses include ineffective entity-level controls (control environment, identification of control activities, monitoring), inadequate communication of objectives, and insufficient ongoing evaluations[225](index=225&type=chunk) - Material weaknesses also include deficiencies in IT general controls (user access, program change management, IT operations) for systems supporting financial reporting[226](index=226&type=chunk) - Despite material weaknesses, management concluded that the consolidated financial statements present fairly, in all material respects, the financial position, results of operations, and cash flows[224](index=224&type=chunk) - No changes in internal control over financial reporting occurred during Q1 2025 that materially affected, or are reasonably likely to materially affect, internal control over financial reporting[227](index=227&type=chunk) [PART II. OTHER INFORMATION](index=69&type=section&id=PART%20II%20Other%20Information) This part covers legal proceedings, risk factors, equity sales, defaults, and other required disclosures for the reporting period [Item 1. Legal Proceedings](index=69&type=section&id=Item%201.%20Legal%20Proceedings) This section states that Urban One is involved in routine legal and administrative proceedings incidental to its ordinary course of business, and management believes the outcomes will not have a material adverse effect on its financial position or results of operations - Urban One is involved in routine legal and administrative proceedings, but management believes the outcomes will not materially adversely affect its business, financial condition, or results of operations[230](index=230&type=chunk) [Item 1A. Risk Factors](index=69&type=section&id=Item%201A.%20Risk%20Factors) This section refers to the Company's Form 10-K for the year ended December 31, 2024, for a detailed description of risk factors, noting no changes from those previously disclosed - No changes to risk factors from those disclosed in the Annual Report on Form 10-K filed March 27, 2025[231](index=231&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=69&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) This section details the Company's purchases of Class A and Class D common stock during the three months ended March 31, 2025, under publicly announced repurchase programs | Class | Total Shares Purchased (Q1 2025) | Average Price Paid Per Share | Maximum Remaining Under Programs (in thousands) | | :---- | :------------------------------- | :--------------------------- | :---------------------------------------------- | | Class A | 449,252 | $1.48 | $12,752 | | Class D | 303,622 | $0.87 | $12,752 | [Item 3. Defaults Upon Senior Securities](index=69&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) This section states that there were no defaults upon senior securities - No defaults upon senior securities[233](index=233&type=chunk) [Item 4. Mine Safety Disclosures](index=69&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This section states that this item is not applicable to the Company - Not applicable[234](index=234&type=chunk) [Item 5. Other Information](index=70&type=section&id=Item%205.%20Other%20Information) This section reports that no directors or officers adopted or terminated Rule 10b5-1 trading arrangements or non-Rule 10b5-1 trading arrangements during the three months ended March 31, 2025 - No directors or officers adopted or terminated Rule 10b5-1 or non-Rule 10b5-1 trading arrangements during Q1 2025[235](index=235&type=chunk) [Item 6. Exhibits](index=70&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including certifications from the CEO and CFO, and financial information formatted in Inline XBRL - Includes certifications from CEO and CFO (Sarbanes-Oxley Act Sections 302 and 906) and financial information in Inline XBRL format[236](index=236&type=chunk) [SIGNATURE](index=71&type=section&id=SIGNATURE) This section indicates that the report is signed by Peter D. Thompson, Executive Vice President and Chief Financial Officer, on behalf of Urban One, Inc - The report is signed by Peter D. Thompson, Executive Vice President and Chief Financial Officer, on May 14, 2025[240](index=240&type=chunk)

Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE (301) 429-4638 May 13, 2025 Contact: Peter D. Thompson, EVP and CFO Silver Spring, MD URBAN ONE, INC. REPORTS FIRST QUARTER 2025 RESULTS Silver Spring, MD: - Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the three months ended March 31, 2025. For the three months ended March 31, 2025, net revenue was approximately $92.2 million, a decrease of 11.7% from the same period in 2024. The Company reported operating income of approximately $2 ...

Company Overview - Urban One, Inc. is the largest diversified media company targeting Black Americans and urban consumers in the United States [4] - The company owns TV One, LLC, which serves over 37 million households with a variety of original programming, classic series, and movies [4] - As of March 31, 2025, Urban One operates 72 independently formatted broadcast stations, including 57 FM or AM stations, 13 HD stations, and 2 low power television stations [4] - Urban One also has a controlling interest in Reach Media, Inc., which operates syndicated programming such as the Rickey Smiley Morning Show and the DL Hughley Show [4] - The company owns iOne Digital, a digital platform serving the African American community through various websites and brands [4] Upcoming Events - Urban One will hold a conference call on May 13, 2025, at 10:00 a.m. EDT to discuss its results for the first fiscal quarter of 2025 [1] - A replay of the conference call will be available from May 13, 2025, at 2:00 p.m. EDT until May 20, 2025, at 11:59 p.m. EDT [2]

Financial Performance - For the three months ended December 31, 2024, net revenue was approximately $117.1 million, a decrease of 2.7% from the same period in 2023[1]. - The company reported an operating loss of approximately $1.9 million for Q4 2024, compared to operating income of approximately $6.8 million for Q4 2023[1]. - Net loss was approximately $35.7 million or $(0.78) per share for Q4 2024, compared to a net loss of $11.0 million or $(0.23) per share for the same period in 2023[1]. - Adjusted EBITDA for Q4 2024 was approximately $26.9 million, slightly down from approximately $27.1 million for Q4 2023[1]. - For the year ended December 31, 2024, total net revenue was $449,674,000, compared to $449,674,000 in 2023, showing no growth year-over-year[24]. - The total operating loss for the year ended December 31, 2024, was $(75,585,000), compared to an operating income of $6,764,000 in 2023, indicating a substantial decline in profitability[24]. - The company reported an impairment of goodwill and intangible assets amounting to $151,755,000 for the year ended December 31, 2024[24]. - Adjusted EBITDA for the year ended December 31, 2024, was $103,463,000, compared to $27,117,000 in 2023, representing a significant increase[24]. - The company reported an operating loss of $31,571,000, primarily driven by losses in the Radio Broadcasting segment ($99,437,000)[26]. Revenue Breakdown - Radio Broadcasting segment revenue increased to approximately $47.7 million, up by 14.4% from $41.7 million in Q4 2023, primarily due to increased political revenue[10]. - Political advertising revenue surged to $13.5 million, a significant increase of 591.9% compared to $1.9 million in Q4 2023[11]. - Digital segment revenue decreased to approximately $20.5 million, down 3.3% from $21.2 million in Q4 2023, driven by lower demand[10]. - Cable Television segment revenue fell to approximately $39.8 million, a decrease of 15.8% from $47.3 million in Q4 2023, attributed to reduced audience viewership[10]. - Total net revenue for the year ended December 31, 2023, was $477,690,000, with significant contributions from Radio Broadcasting ($156,214,000) and Cable Television ($196,207,000) segments[26]. Expenses and Liabilities - Total operating expenses for Q4 2024 were approximately $119.0 million, up from $113.6 million in Q4 2023[3]. - Operating expenses, excluding certain items, were approximately $91.1 million, down from $105.6 million in Q4 2023, reflecting lower expenses across most segments[12]. - Interest expense decreased to approximately $11.5 million in Q4 2024 from $14.2 million in Q4 2023, following a reduction in outstanding debt[16]. - Total debt as of December 31, 2024, was approximately $579.1 million, down from $716.2 million as of December 31, 2023[8]. - Interest expense for the year ended December 31, 2024, was $48,571,000, compared to $14,173,000 in 2023, indicating a substantial rise in interest costs[24]. Taxation - The provision for income taxes was approximately $27.6 million on a pre-tax loss of approximately $7.8 million, resulting in an effective tax rate of 352.0%[17]. - The provision for income taxes for the year ended December 31, 2024, was $9,759,000, compared to $(18,368,000) in 2023, reflecting a change in tax liabilities[24]. Company Position and Strategy - The company ended the year with $137.1 million in cash and cash equivalents, indicating a strong liquidity position[1]. - Urban One operates 72 broadcast stations and serves over 37 million households through its television network, TV One[30]. - The company is focused on expanding its digital platform, iOne Digital, to enhance engagement with the African American community[30]. - Future strategies include exploring new market opportunities and potential acquisitions to strengthen its media presence[30].

Financial Data and Key Metrics Changes - The company reported adjusted EBITDA of $103.5 million for 2024, which is a decrease from the guidance of $75 million for 2025, primarily due to weaker radio performance and a lack of recurring political advertising [12][10][11] - Consolidated net revenues for Q4 2024 were approximately $171 million, down 2.7% year-over-year [14] - The net loss for Q4 2024 was approximately $35.7 million, or 78 cents per share, compared to a net loss of $11 million, or 23 cents per share, for Q4 2023 [27] Business Line Data and Key Metrics Changes - Radio broadcast segment net revenue was $47.7 million, an increase of 14.5% year-over-year, but excluding political advertising, it was down 5.1% [14][15] - The REACH media segment reported net revenue of $9.6 million, down 10.7% from the prior year, with adjusted EBITDA of $2.9 million, a decrease of 15.4% [16] - Digital segment net revenue was down 3.1% in Q4 at $20.5 million, although political advertising contributed $2.4 million, and connected TV and podcast revenue increased [17][18] Market Data and Key Metrics Changes - Cable television segment revenue was approximately $39.8 million, a decrease of 15.9%, with advertising revenue down 21.4% and affiliate revenue down 9.9% due to increased subscriber churn [19][20] - Subscriber churn for the cable segment was reported at minus 9.5%, with TV1 subscribers decreasing from 39.1 million to 37.2 million [20] Company Strategy and Development Direction - The company is focusing on cost containment and debt reduction, with a staff reduction of about 5% in Q4, saving approximately $5 million annually [11][12] - Management indicated a proactive approach to potential acquisitions in the radio sector, emphasizing the need for consolidation in a declining industry [49][50] Management's Comments on Operating Environment and Future Outlook - Management noted broad softness in advertising demand, particularly in radio, attributed to an uncertain economy [39][40] - The company anticipates improvements in local advertising in Q2, although overall radio performance remains negative [41][42] Other Important Information - The company recorded $24.2 million in non-cash impairment charges in Q4, primarily related to the TV-1 brand and goodwill [26] - As of December 31, total gross debt was approximately $584.6 million, with an unrestricted cash balance of $137.1 million, resulting in a net leverage ratio of 4.33 times [29] Q&A Session Summary Question: Clarification on Q1 radio pacing - Management confirmed that excluding political advertising, Q4 radio revenue was down 5.1% [34][37] Question: Insight into weakness in radio performance - Management indicated broad softness across local, national, and network radio, with negative double-digit pacing observed [39][40] Question: Capital allocation plans for fiscal 2025 - Management stated that 95% of capital will focus on debt reduction, with a small plan for stock repurchases [60][61] Question: Update on digital segment revenue - Management explained that connected TV revenue will now be reported under the TV segment, affecting digital revenue numbers [71][72] Question: Free cash flow expectations - Management projected around $25 million of free cash flow generation based on the $75 million EBITDA guidance [86] Question: Potential asset sales - Management indicated that while there may be non-core assets, the current market lacks buyers for such assets [95][96] Question: Cash balance strategy - Management clarified that there is no minimum cash target, and cash deployment is opportunistic based on market conditions [102][103] Question: Thoughts on cable network spin-offs - Management expressed skepticism about the impact of spin-offs on market consolidation, citing valuation concerns [108][109]

Revenue Generation - For the year ended December 31, 2024, approximately 35.0% of net revenue was generated from the sale of advertising in the core radio business, excluding Reach Media[99]. - Seven of the 13 markets accounted for approximately 77.2% of radio station net revenue for the year ended December 31, 2024[99]. - Revenue from Reach Media and the seven significant contributing radio markets accounted for approximately 38.9% of total consolidated net revenue for the year ended December 31, 2024[99]. Financial Reporting and Compliance - The company has identified material weaknesses in internal control over financial reporting as of December 31, 2023, and December 31, 2024, which could lead to material misstatements in financial statements[80]. - Delayed filings of annual reports have made the company ineligible to use a registration statement on Form S-3, potentially affecting future capital raising and acquisitions[86]. - The company has fallen out of compliance with NASDAQ Listing Rule 5250(c) due to delayed filings of periodic financial reports in 2023 and 2024[138]. - The company's Class D common stock has closed below the $1.00 minimum bid price requirement for continued NASDAQ inclusion for the last 30 consecutive business days[138]. - The company has until August 11, 2025, to regain compliance with the Minimum Bid Price Requirement by maintaining a closing bid price of at least $1.00 for ten consecutive business days[138]. - If compliance is not regained, the company may seek additional time by meeting other NASDAQ listing requirements, potentially including a reverse stock split[138]. - The company intends to monitor the closing bid price and may consider stockholder approval for a reverse stock split to address the Minimum Bid Price Requirement[139]. - Failure to meet NASDAQ listing requirements could lead to delisting proceedings, adversely affecting liquidity and market price[139]. Economic and Market Risks - Economic fluctuations and downturns could negatively impact advertising expenditures, which are cyclical and may lead to reduced revenue[87]. - Inflation may adversely affect liquidity and overall cost structure, impacting financial condition and results of operations[89]. - The company is exposed to credit risk on accounts receivable, which is heightened during uncertain economic conditions[90]. - A disproportionate share of revenue comes from a small number of geographic markets, making the company vulnerable to adverse events in those areas[99]. - The company faces increased competitive pressures due to consolidation among competitors, which limits the availability of licensable content and enhances competition for audiences and advertising revenue[101]. - Increased competition from digital media providers is impacting audience sizes and subscriber bases, affecting revenue[132]. Operational and Technological Challenges - The company must adapt to rapid technological changes, including the integration of AI and data analytics, to remain competitive in the media and entertainment industry[102]. - The digital segment's growth is contingent on offering compelling and differentiated content, products, and services, with significant costs and time required for development[105]. - The company is required to test goodwill and indefinite-lived intangible assets for impairment at least annually, with potential adverse effects on financial performance if impairments occur[110]. - The company faces significant risks from technical disruptions, which could negatively impact revenue and harm business operations[122]. - Natural disasters and catastrophic events could materially affect the company's ability to conduct business and meet customer demands[123]. - Climate change poses risks that could disrupt operations and supply chains, impacting financial performance[124]. Regulatory and Compliance Risks - The company’s ability to maintain its FCC licenses is critical, with licenses expiring between October 2027 and August 2030, subject to renewal challenges[118]. - Regulatory risks from the FCC could restrict the company's ability to acquire radio stations and affect its operations[126]. - Enforcement of indecency rules by the FCC could lead to fines or license revocation, adversely impacting financial condition[127]. - Changes in federal regulations regarding royalties could increase operational costs and negatively affect profitability[128]. Business Expansion and Diversification - The company is entering new lines of business, such as gaming, which may expose it to different operational risks and may not increase shareholder value[125].

Core Insights - Urban One, Inc. reported a net revenue of approximately $117.1 million for the three months ended December 31, 2024, a decrease of 2.7% from the same period in 2023 [1][5] - The company experienced an operating loss of approximately $1.9 million for the same period, compared to an operating income of approximately $6.8 million in 2023 [1][5] - The net loss for the quarter was approximately $35.7 million or $(0.78) per share, compared to a net loss of $11.0 million or $(0.23) per share in the prior year [1][3] Financial Performance - Adjusted EBITDA for the three months ended December 31, 2024, was approximately $26.9 million, slightly down from $27.1 million in the same period in 2023 [1][3] - The company reported a significant increase in political advertising revenue, which contributed to the radio segment's performance, while cable TV segment revenues declined due to lower audience delivery [2][5] - Total operating expenses for the quarter were approximately $119.0 million, an increase from $113.6 million in the same period in 2023, driven by higher impairment charges [1][5][8] Revenue Breakdown - Revenue from the Radio Broadcasting segment was approximately $47.7 million, an increase from $41.7 million in the same period in 2023, primarily due to political advertising [5][6] - The Reach Media segment saw a decrease in revenue to approximately $9.6 million from $10.8 million, attributed to lower demand and advertiser attrition [5][6] - The Cable Television segment's revenue decreased to approximately $39.8 million from $47.3 million, impacted by reduced audience viewership and subscriber churn [5][6] Impairment and Expenses - Impairment of goodwill and intangible assets was approximately $24.2 million for the quarter, significantly higher than $5.0 million in the same period in 2023, primarily affecting the TV One reporting [8] - Interest expense decreased to approximately $11.5 million from $14.2 million, reflecting a reduction in outstanding debt following the repurchase of notes [10][11] - The company maintained a strong liquidity position with $137.1 million in cash and cash equivalents at year-end [2][5] Shareholder Actions - During the quarter, the company repurchased approximately 1.4 million shares of Class A Common Stock for about $2.1 million and 703,292 shares of Class D Common Stock for approximately $0.7 million [13]

Company Overview - Urban One, Inc. is the largest diversified media company targeting Black Americans and urban consumers in the United States [4] - The company owns TV One, LLC, which serves over 59 million households with a variety of original programming, classic series, and movies [4] - As of December 31, 2024, Urban One operated 72 revenue-producing broadcast stations, including 57 FM or AM stations and 13 HD stations, across 13 urban markets [4] - The company also has a controlling interest in Reach Media, Inc., which operates syndicated programming such as the Rickey Smiley Morning Show and the DL Hughley Show [4] - Urban One owns iOne Digital, a digital platform serving the African American community through various websites and brands [4] Upcoming Events - Urban One will hold a conference call on March 27, 2025, at 10:00 a.m. EDT to discuss its results for the fourth fiscal quarter of 2024 [1] - The call can be accessed by U.S. callers at +1-888-596-4144 and international callers at +1-646-968-2525, with an Access Code of 3407726 [1] - A replay of the conference call will be available from March 27, 2025, at 2:00 p.m. EDT until April 3, 2025, at 11:59 p.m. EDT [2]