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Buying Power report: Blacks spend as economy grows
New 16th edition shows $507 bil in spending



The finding comes from the 16th annual edition of "The Buying Power of Black America" report. In 2009, black households spent an estimated $507 billion in 27 product and services categories. ...

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Barry Mayo, President of Radio One, turns in his resignation

(March 19, 2012) Radio One, Inc. announced today that Barry A. Mayo, who has served as President of Radio since August 2007, has, effective today, resigned to pursue other opportunities.

Alfred C. Liggins, III, Radio One's CEO and President stated: "Barry has been an integral member of Radio One's executive management team for nearly five years, and he has served the company with passion and distinction. I am grateful for Barry's contributions to the success of the company's initiatives, particularly given the challenging economic environment. I understand, however, that there comes a time for change in a person's career, and I fully respect Barry's decision to undertake new challenges. I truly wish him well."

Commenting on his departure, Mr. Mayo stated: "Partnering with Alfred and helping to execute his vision has been a rewarding experience, and I am proud of what we have accomplished. I am grateful for the support shown me during my tenure. While I will miss the relationships forged, I am truly looking forward to the next phase of my career."

Mayo brought 30 years of operating experience to Radio One, including almost eight as President of the successful, publicly-traded pure play radio group, Broadcast Partners. He began as a Program Director and his reputation as an innovative radio programmer spread quickly throughout the industry.

In the 1980s, he helped create one of the largest urban stations in the country, WRKS-FM, in New York. Three years after joining the programming staff at WRKS-FM, Mr. Mayo became Vice President and General Manager of that station. In 1988, he and a group of partners founded Broadcast Partners. Originally a five-station network, Broadcast Partners grew under Mr. Mayo's guidance into an eleven-station, publicly traded company with stations in Dallas, New York, Chicago and Charlotte. In 1995, Mayo sold his share of Broadcast Partners and founded Mayomedia, a media consulting firm specializing in urban markets.

In 2003, he was recruited back to New York to become the Senior Vice President and Market Manager for Emmis Radio. He left Emmis Radio in 2006 to resume his consulting career and began working with Radio One in July 2006.


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