Urban One’s First-Half Review: Radio ‘Decent,’ Cable TV ‘Struggled’


A first-half 2023 earnings call was held on Thursday by Black consumer-focused multimedia company Urban One, with CFO Peter D. Thompson and CEO Alfred Liggins III offering Q1 and Q2 commentary on much-delayed results first shared to the public on November 20.

While Liggins expressed his willingness to discuss long-term financial plans, now that Richmond voters have shot down a casino resort proposal for a second time, Thompson offered a glimpse at the company’s Q4 pacings. They’re lackluster, at best.

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