***MEDIA ADVISORY*** URBAN ONE PRESS CONFERENCE TRANSCRIPT AVAILABLE RADIO ONE, INC. OFFICIALLY CHANGES NAME TO “URBAN ONE” Executives Discussed What the New Moniker Represents For The Largest Multimedia Company Targeting Black Americans OFFICIAL TRANSCRIPT & EXECUTIVE OVERVIEW ATTACHED SILVER SPRING, MD – May 12, 2017 - Urban One executives Yashima White AziLove (U1 Corporate), D’Angela Proctor (TV One), Jay Stevens (Radio One and Reach Media), Kierna Mayo (iONE Digital), Tuwisha Rogers (One Solution and OneX Studios), Dwayne Whitaker (R1 Digital), Kim Bandell (One VIP) and Marveesha Frazier (BHM Digital) discussed the company’s name change and business capabilities during a Press Conference Call on Thursday, May 11, 2017. Commemorating the 18th anniversary of its IPO (May 5, 2017), the only African- American owned integrated multimedia company focused on Black culture, Radio One, Inc. changed its name to Urban One, Inc. Reflecting its longstanding, rich history as the most trusted source to inform, entertain and inspire the African- American community, Urban One will continue to provide culturally relevant integrated content through its iconic brands and platforms – TV One, Radio One, Reach Media, iONE Digital and One Solution and newest editions – R1 Digital and One VIP. More information about Urban One’s extensive portfolio, including company history and milestones, is available on the company’s corporate website at www.urban1.com. To arrange one-on-one interviews with Urban One executives and to request additional assets, please contact Urban One Corporate Communications at [email protected]. About Urban One Urban One, Inc. (urban1.com), formerly known as Radio One, Inc., together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. The Company owns TV One, LLC (tvone.tv), a television network serving more than 59 million households, offering a broad range of original programming, classic series and movies designed to entertain, inform and inspire a diverse audience of adult Black viewers. As one of the nation's largest radio broadcasting companies, Urban One currently owns and/or operates 57 broadcast stations in 15 urban markets in the United States. Through its controlling interest in Reach Media, Inc. (blackamericaweb.com), the Company also operates syndicated programming including the Tom Joyner Morning Show, Russ Parr Morning Show, Rickey Smiley Morning Show, Get up Morning! with Erica Campbell, DL Hughley Show, Ed Lover Show, Willie Moore Jr Show, Nightly Spirit with Darlene McCoy Reverend Al Sharpton Show. In addition to its radio and television broadcast assets, Urban One owns iOne Digital (ionedigital.com), the largest digital resource for urban enthusiasts and Blacks, reaching millions each month through its Cassius and BHM Digital platforms. Additionally, One Solution, the Company’s branded content agency and studio combines the dynamics of the Urban One’s holdings to provide brands with an integrated and effectively engaging marketing approach that reaches 82% of Black Americans throughout the country. # # # MEDIA CONTACT: Yashima White AziLove Urban One Corporate Communications 240.997.3180 .