Company: UONE
Filing Date: 2025-08-13
Form Type: 8-K
Source: 0001041657-25-000047
Chunk: 3

Company: URBAN ONE, INC.
Filing Date: 2025-08-13
Form: 8-K
Item: Item 8.01
Chunk 3
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Item 8.01 Other Events.

During the course of its earnings call and/or in its press release, the Company gave certain updates with respect to its current outlook. First, the Company noted that, based on broad economic headwinds, it was reducing its full year guidance to $60.0 million in Adjusted EBITDA for the year ending December 31, 2025. Next, management noted that core radio pacings for the third quarter were currently down 8.3%, or 5.6% excluding political, with local pacing flat year-over-year. It further noted that cable TV advertising was down 4.2% and affiliate revenue was down 11.7% driven by continuing subscriber churn. Management also noted that as of August 13, 2025, the Company’s gross debt was approximately $492.3 million as the Company continued to engage in debt reduction efforts. Finally, the Company noted it would continue a disciplined capital allocation strategy with a focus on debt management/reduction and accretive corporate development opportunities taking into consideration the current operating environment and persistent industry trends.

Item 9.01. Financial Statements and Exhibits.

(c)  Exhibits

  Exhibit      Description                                                                               
   Number                                                                                                
     99.1      Press release dated August 1 3, 2025: Urban One Reports Second Quarter 2025 Results       
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      104      Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)  

Forward Looking Statements

The Company cautions you certain of the statements in this Form 8-K or in this press release may represent "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. These statements are based on assumptions believed by the Company to be reasonable and speak only as of the date on which such statements are made. Without limiting the generality of the foregoing, words such as "expect," "believe," "anticipate," "intend," "plan," "project," "will" or "estimate," or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. Except as required by law, the Company undertakes no obligation to update such statements to reflect events or circumstances arising after such date and cautions investors not to place