Company: UONE
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001041657-25-000042
Chunk: 52

Company: URBAN ONE, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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 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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Table of Contents

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

Three Months Ended June 30, 2025 2024 $ Change % Change (In thousands)Net revenue:    Radio advertising$38,627$45,421$(6,794)(15.0)%Political advertising2542,152(1,898)(88.2)Digital advertising(1)10,24113,714(3,473)(25.3)Cable Television advertising(1)22,97723,985(1,008)(4.2)Cable Television affiliate fees17,06119,315(2,254)(11.7)Event revenues & other2,47113,157(10,686)(81.2)Net revenue$91,631$117,744$(26,113)(22.2)%

Six Months Ended June 30, 2025 2024 $ Change % Change (In thousands)Net revenue:    Radio advertising$74,844$86,761$(11,917)(13.7)%Political advertising4043,388(2,984)(88.1)Digital advertising(1)20,45225,881(5,429)(21.0)Cable Television advertising(1)48,40251,129(2,727)(5.3)Cable Television affiliate fees35,77840,103(4,325)(10.8)Event revenues & other3,98614,892(10,906)(73.2)Net revenue$183,866$222,154$(38,288)(17.2)%

(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. 

Reach Media primarily derives its revenue from the sale of advertising in connection with its syndicated radio shows, including the Rickey Smiley Morning Show and the DL Hughley Show. Reach Media also operates www.BlackAmericaWeb.com, an African-American targeted news and entertainment website, in addition to providing various other event-related activities.

Within our Digital segment