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Target Market News launches Chicago business publication


Target Market News has introduced Black Business Chicago, a new monthly which will spotlight news and features on Chicago's African-American businesses, corporate executives and local economic issues. The publication will also be supplemented by a Web site, blackbusinesschicago.com, that will provide updated coverage of relevant business news on a daily and weekly basis between issues of the monthly print publication. Click for more
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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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Radio One Detroit closes local marketing agreement to operate WGPR FM

(October 25, 2011) Radio One, Inc.'s Detroit market has entered into a Local Marketing Agreement (LMA) to assume operating responsibility for WGPR FM 107.5. Radio One Detroit moving its HOT Hip Hop and R&B station 102.7 to its new home on 107.5, which took effect Monday, October 24, 2011 at 12:01am.

The current line-up of The Rickey Smiley Morning Show 6am - 10am, Paigion in midday's 10am - 2pm, Big Greg afternoons 2pm - 7pm and Shorty da Prince evenings 7pm - 12 midnight will stay the same. The station will be on a full city grade non-directional FM signal, which will give HOT 107.5 one of the best FM signals in the Detroit metropolitan area.

Radio One Detroit will also bring a brand new station into the Detroit market on 102.7.  A recent research project showed a substantial demand for inspirational music.  Radio One already operates several very successful Praise stations around the country and has decided it is the right time to launch one in Detroit.  Praise 102.7 will debut Monday, October 31, 2011. Inspirational super star Yolanda Adams will host morning drive from 6am - 10am.  The Praise website will be www.praise1027.com.

"Adding WGPR to our existing portfolio of stations and introducing a brand new inspirational station means Radio One will become the dominant urban provider in the marketplace," stated Vice President and General Manager Kathy Stinehour.  "We are looking forward to better serving the community and are thrilled Ms. Cathy Hughes and Alfred Liggins are choosing to make this type of major investment in Detroit." 

WGPR's President and General Manager James Dogan commented, "While this was a very tough decision for us, it is the right thing to do for urban radio in our city.  WGPR will perform better as part of the critical mass Radio One delivers."

Radio One, Inc. also announced it will be holding a conference call for investors, analysts and other interested parties to discuss its results for third fiscal quarter of 2011. The conference call is scheduled for Thursday, November 3, 2011 at 10:00 a.m. EDT.

To participate on this call, U.S. callers may dial toll-free 1-800-230-1074; international callers may dial direct (+1) 612-234-9960.

A replay of the conference call will be available from 12:30 p.m. EDT November 3, 2011 until 11:59 p.m. November 5, 2011. Callers may access the replay by calling 1-800-475-6701; international callers may dial direct (+1) 320-365-3844. The replay Access Code is 222011. Access to live audio and a replay of the conference call will also be available on Radio One's corporate website at http://www.radio-one.com/. The replay will be made available on the website for seven days after the call.


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