Knowledge (XXG)

Inner City Broadcasting Corporation

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262:, a Boston-based private equity firm. By 2006 Inner City had sold or otherwise disposed of the majority of its investments outside of its core radio stations. The last remaining investment, a 60 percent share in Philadelphia-based Urban Cable Works, was sold in November 2005 to 1016: 139:
to a progressive mix of black music, under the slogan "The Total Black Experience in Sound." WBLS would experience a period of tremendous success from the mid-1970s to the early 1980s as it pioneered the
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on grounds that the company's executives failed to accept a buyout offer. The filing resulted in majority control of Inner City being taken over by YMF Media LLC, controlled jointly by investor
289:. YMF Media eventually purchased 15 Inner City stations for $ 180 million on October 19, 2012; the firm then broke up the group in a series of subsequent sales during 2013–2014. 1011: 117:, who would later become the first African-American woman to wholly own an American radio station, was an executive at the company during its early years. 1006: 274: 982: 39:
Inner City was founded in 1970 by a group of prominent African-American New Yorkers active in business and civic affairs. They were led by
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In 1999 Inner City lost control of the Apollo Theatre after an investigation by the New York State Attorney General's office (completed by
918: 135:; Inner City exercised the clause two years later. While WLIB continued largely as a talk radio outlet, WBLS's format transitioned from 841: 957: 932: 282: 486: 270: 254:
In August 2004, ICBC redeemed nearly $ 140 million accreted value of redeemable preferred stock in a recapitalization led by
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until his death in 2009. He was succeeded by his son Pierre Sutton, who served in that capacity until the firm's closure.
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and programmed to New York's black community, was Inner City's first acquisition, in 1972. The sale included a
704: 683: 431: 353: 243:. The final decision resulted in Rangel stepping down as chairman of the foundation; he was replaced by actor 180: 172: 94: 187:. Inner City also owned a variety of other media assets, including two cable television joint ventures with 152: 57: 52: 875: 203: 128: 74: 716: 505: 221: 66: 643: 536: 420: 338: 184: 854: 471: 334: 259: 176: 794: 435: 160: 141: 512: 263: 199: 188: 156: 44: 28: 961: 105:; civil rights activist, journalist and congressional aide Marcella P. West; and musicians 61:. Sutton and Jones were joined by over fifty shareholders including legendary disk jockey 145: 124: 114: 936: 427: 236: 195: 273:
to force the firm's wholly owned subsidiary, Inner City Media Corporation, to declare
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9E07EFDE1038F931A35751C0A964948260 Inner City Broadcasting Plans to Buy the Apollo
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took over operational control of the venue as part of the final decision.
225: 235:) found that members of the nonprofit Apollo Theatre Foundation, led by 600: 343: 202:. In this capacity, Inner City Broadcasting was a co-producer of the 958:"Quetzal/J.P. Morgan Partners Sells Stock in Inner City Broadcasting" 131:
clause to later acquire sister station WLIB-FM, which was renamed
27:. It was one of the first broadcasting companies wholly owned by 822: 806: 780: 766: 752: 738: 724: 650: 633: 614: 586: 558: 541: 500: 459: 399: 374: 360: 194:
The company was also given the task of running and reviving the
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On August 22, 2011, Inner City's creditors petitioned the
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Defunct radio broadcasting companies of the United States
224:of Inner City Broadcasting, though he remained as 983:"Creditors seek black radio company's bankruptcy" 151:Inner City later purchased radio stations in the 85:; future New York state senator and comptroller 23:("ICBC") was an American media company based in 239:, retained revenues generated by production of 148:, and the profile of Inner City rose with it. 908:, Published: February 2, 1982: New York Times 8: 163:(co-founder Percy Sutton's hometown); the 81:, who succeeded Jones as publisher of the 921:. Johnson Publishing Company. 1999-09-06. 1012:Mass media companies established in 1971 312: 933:"Quetzal JPMorgan Partners - Portfolio" 866: 7: 699:, owned by Pittsburgh Public Media 191:in New York City and Philadelphia. 21:Inner City Broadcasting Corporation 383:Owned by Pham Radio Communication 369:Owned by Pham Radio Communication 14: 45:president of the New York borough 1007:Companies based in New York City 839: 220:In 1990 Percy Sutton retired as 16:American radio broadcast company 304: 299: 789:Owned by Midlands Media Group 271:United States Bankruptcy Court 144:format under program director 123:, owned by brothers Harry and 1: 403:, owned by Woori Media Group 960:. 2004-08-13. Archived from 530:Educational Media Foundation 55:, a former publisher of the 448:Owned by Niche Radio, Inc. 241:It's Showtime at the Apollo 209:It's Showtime at the Apollo 43:, an attorney and a former 1033: 894:, July 29, 1974, pg. 21. 793: 703: 678:Owned by VM Broadcasting 659:Owned by Mediaco Holding 627: 535: 470: 426: 387: 329: 879:, July 3, 1972, pg. 23. 715:Defunct; went silent as 705:Columbia, South Carolina 354:Bonneville International 181:Columbia, South Carolina 826:, owned by iHeartMedia 815:KSLR/KSAQ/KSJL-FM 96.1 810:, owned by iHeartMedia 58:New York Amsterdam News 287:Earvin "Magic" Johnson 165:San Francisco Bay Area 129:right of first refusal 775:Owned by Alpha Media 761:Owned by Alpha Media 747:Owned by Alpha Media 733:Owned by Alpha Media 623:Owned by Alpha Media 609:Owned by Alpha Media 595:Owned by Alpha Media 581:Owned by Alpha Media 567:Owned by Alpha Media 506:Calvary Radio Network 275:Chapter 11 bankruptcy 222:chairman of the board 204:syndicated television 644:Emmis Communications 537:Jackson, Mississippi 421:Uforia Audio Network 185:Jackson, Mississippi 79:Wilbert (Bill) Tatum 855:Radio One (company) 472:Fort Wayne, Indiana 260:Alta Communications 216:Recent developments 177:Fort Wayne, Indiana 65:; Sutton's fellow " 989:. August 22, 2011. 890:"Changing Hands." 873:"Changing Hands." 161:San Antonio, Texas 142:urban contemporary 830: 829: 311: 310: 264:Time Warner Cable 226:chairman emeritus 189:Time Warner Cable 29:African-Americans 1024: 991: 990: 979: 973: 972: 970: 969: 954: 948: 947: 945: 944: 935:. Archived from 929: 923: 922: 915: 909: 903: 897: 888: 882: 871: 849: 844: 843: 842: 313: 297: 296: 1032: 1031: 1027: 1026: 1025: 1023: 1022: 1021: 997: 996: 995: 994: 981: 980: 976: 967: 965: 956: 955: 951: 942: 940: 931: 930: 926: 917: 916: 912: 904: 900: 889: 885: 872: 868: 863: 845: 840: 838: 835: 487:Federated Media 325:Current status 295: 218: 206:variety series 146:Frankie Crocker 125:Morris S. Novik 115:Dorothy Brunson 93:, the widow of 37: 17: 12: 11: 5: 1030: 1028: 1020: 1019: 1014: 1009: 999: 998: 993: 992: 974: 949: 924: 910: 898: 883: 865: 864: 862: 859: 858: 857: 851: 850: 834: 831: 828: 827: 819: 816: 812: 811: 803: 800: 797: 791: 790: 787: 784: 777: 776: 773: 770: 763: 762: 759: 756: 749: 748: 745: 742: 735: 734: 731: 728: 721: 720: 713: 710: 707: 701: 700: 692: 689: 686: 680: 679: 676: 673: 667: 661: 660: 657: 654: 647: 646: 640: 637: 631: 625: 624: 621: 618: 611: 610: 607: 604: 597: 596: 593: 590: 583: 582: 579: 576: 569: 568: 565: 562: 555: 554: 548: 545: 539: 533: 532: 521: 518: 515: 509: 508: 497: 494: 493:WOWO-FM 102.9 490: 489: 483: 480: 474: 468: 467: 456: 454: 450: 449: 446: 444: 438: 432:Ft. 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Retrieved 962:the original 952: 941:. Retrieved 937:the original 927: 913: 901: 892:Broadcasting 891: 886: 876:Broadcasting 874: 869: 847:Radio portal 821: 805: 694: 665:Philadelphia 523: 499: 458: 414: 398: 322:Years owned 305: 300: 268: 253: 240: 230: 219: 207: 193: 169:Philadelphia 150: 119: 107:Billy Taylor 99:civil rights 95:Black Muslim 82: 67:Gang of Four 56: 41:Percy Sutton 38: 20: 18: 795:San Antonio 552:Alpha Media 528:, owned by 517:WLBS 102.7 504:, owned by 465:iHeartMedia 463:, owned by 453:WSHE 103.5 419:, owned by 408:KUTE 101.9 389:Los Angeles 281:and former 249:Time Warner 245:Ossie Davis 153:Los Angeles 87:Carl McCall 63:Hal Jackson 1001:Categories 968:2005-07-18 943:2005-07-18 861:References 818:1986–1998 802:1986–1993 786:2003–2012 772:2000–2012 758:2000–2012 744:2003–2012 730:2000–2012 712:2000–2012 709:WOIC 1230 691:2000–2007 688:WURP 1550 684:Pittsburgh 675:2000–2006 656:1974–2012 639:1972–2012 620:2000–2012 606:2000–2012 592:2000–2012 578:2000–2012 564:2000–2012 547:2006–2012 520:1979–1988 482:1994–1995 411:1979–1985 393:KGFJ 1230 380:1997–2012 366:1979–2012 349:1979–2012 306:FM Station 301:AM Station 256:GE Capital 173:Pittsburgh 799:KSJL 760 642:Owned by 550:Owned by 485:Owned by 352:Owned by 103:Malcolm X 69:" member 49:Manhattan 833:See also 719:in 2022 339:San Jose 319:Station 293:Stations 987:Reuters 601:WKXI-FM 513:Detroit 344:KBLX-FM 335:Oakland 316:Market 285:player 157:Detroit 101:leader 35:History 769:101.3 755:102.3 741:103.9 653:107.5 617:105.9 603:107.5 346:102.9 200:Harlem 183:; and 155:area; 51:; and 919:"Jet" 783:93.1 727:93.5 672:1340 636:1190 589:99.7 575:1300 561:1400 544:1180 496:1994 479:1190 443:1580 428:Miami 377:1430 363:1400 75:mayor 823:KXXM 807:KTKR 781:WZMJ 767:WWDM 753:WMFX 739:WHXT 725:WARQ 717:WPCO 696:WZUM 670:WHAT 651:WBLS 634:WLIB 615:WRKS 587:WJMI 573:WOAD 559:WJQS 542:WJNT 525:WDKL 501:WJCI 477:WOWO 460:WMIB 441:WSRF 416:KSCA 400:KYPA 375:KVVN 361:KVTO 258:and 137:jazz 133:WBLS 121:WLIB 109:and 19:The 283:NBA 247:. 113:. 47:of 1003:: 985:. 434:- 430:- 337:- 333:- 266:. 212:. 179:; 175:; 171:; 167:; 159:; 89:; 77:; 31:. 971:. 946:.

Index

New York City
African-Americans
Percy Sutton
president of the New York borough
Manhattan
Clarence Jones
New York Amsterdam News
Hal Jackson
Gang of Four
David Dinkins
mayor
Wilbert (Bill) Tatum
Carl McCall
Betty Shabazz
Black Muslim
civil rights
Malcolm X
Billy Taylor
Roberta Flack
Dorothy Brunson
WLIB
Morris S. Novik
right of first refusal
WBLS
jazz
urban contemporary
Frankie Crocker
Los Angeles
Detroit
San Antonio, Texas

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