Broadcast-streaming. Urban One, the largest African American broadcasting company in the US with a market cap of $88m, has agreed to acquire the assets of the radio station The Team 980 (WTEM 980 AM) from Red Zebra Broadcasting, pending FCC approval. In addition, Urban One has also entered into an agreement with American football team the Washington Redskins to ensure continuing coverage of all Redskins games on The Team 980. The privately-owned 38-year-old Urban One aims to be “the most trusted source in the African-American community that informs, entertains and inspires our audience by providing culturally relevant integrated content through our radio, television, and digital platforms.” Terms not disclosed.
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Urban One to acquire ‘Redskins’ Team 980 radio
