Company: UONE
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001041657-25-000054
Chunk: 166

Company: URBAN ONE, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 8
Chunk 166
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6%9.3%6.3%11.3%Digital segment(1)13.7%16.5%12.0%13.4%Cable Television segment(1)42.9%38.8%44.8%40.4%All other - corporate/eliminations(0.7)%(0.6)%(0.7)%(0.6)%

(1) Effective January 1, 2025, segment information for the prior periods has been recast in this Quarterly Report on Form 10-Q to include reclassification of a portion of revenues from our CTV offering from the Digital segment to the Cable Television segment. 

The following table shows the percentages generated from local and national advertising as a subset of net revenue from our core radio business.

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Percentage of core radio business generated from local advertising64.0%60.5%65.0%62.0%Percentage of core radio business generated from national advertising, including network advertising30.7%36.5%29.6%32.9%

National and local advertising also includes advertising revenue generated from our Digital segment and low power television revenue. The balance of net revenue from our Radio Broadcasting segment is generated from ticket sales and revenue related to our sponsored events, management fees and other revenue.

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The following table shows the sources of our net revenue for the three months ended September 30, 2025 and 2024:

Three Months Ended September 30, 2025 2024 $ Change % Change (In thousands)Net revenue:    Radio advertising$38,123$44,991$(6,868)(15.3)%Political advertising2013,547(3,346)(94.3)Digital advertising(1)12,68517,327(4,642)(26.8)Cable Television advertising(1)22,67423,975(1,301)(5.4)Cable Television affiliate fees17,08918,808(1,719)(9.1)Event revenues & other1,9051,745160 9.2 Net revenue$92,677$110,393$(17,716)(16.0)%

Nine Months Ended September 30, 2025 2024 $ Change % Change (In thousands)Net revenue:    Radio advertising$112,967$131