From Broke to Running a Broadcasting Giant | Cathy Hughes
Urban One, Inc. (formerly Radio One) is a Silver Spring, Maryland-based American media conglomerate. The company primarily operates media properties targeting African Americans. It is the largest African-American-owned broadcasting company in the United States, operating 63 radio stations in nine major markets in the US, including 54 FM or AM stations, 7 HD stations, and the 2 low power television stations and majority-owning the syndicator Reach Media, as well as its digital arm Interactive One, and the cable network TV One. As of 2014, it was the ninth-highest-earning African-American-owned business in the United States.
Catherine Liggins Hughes (born Catherine Elizabeth Woods; April 22, 1947) is an American entrepreneur, radio and television personality and business executive. She has been listed as the second-richest Black woman in the United States. She founded the media company Radio One (Now known as Urban One) in 1980, and when the company went public in 1999, she became the first African-American woman to head a publicly traded corporation. Hughes's son, Alfred C. Liggins III, took over as CEO in 1997.
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