URBAN ONE ANNOUNCES RETIREMENT OF RADIO DIVISION CEO DAVID KANTOR; EDDIE HARRELL, JR., AND DEON LEVINGSTON NAMED CO-PRESIDENTS OF THE AUDIO DIVISION

Core Insights - Urban One is experiencing a leadership transition as CEO of the Audio Division, David Kantor, retires after a successful career, which included significant contributions to the radio industry and the growth of Urban One [1][2] - The company is poised for future growth with Eddie Harrell, Jr. and Deon Levingston stepping up to co-lead the Audio Division, bringing extensive experience and a deep understanding of the brand and audience [3] Company Overview - Urban One, Inc. is the largest diversified media company targeting Black Americans and urban consumers in the U.S., owning TV One and CLEO TV, which reach over 46 million and almost 41 million households respectively [4] - The company operates 72 broadcast stations, including 57 FM or AM stations, across 13 major African American markets, and has a controlling interest in Reach Media, which syndicates popular shows [4] - Urban One also owns iOne Digital, a digital platform that serves the African American community through various content and entertainment websites [4]