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SUBSEQUENT EVENTS:

9 Months Ended

Sep. 30, 2013

Subsequent Events [Abstract]

Subsequent Events [Text Block]

13.  SUBSEQUENT EVENTS:

On October 10, 2013, pursuant to Section 18-214 of the Delaware Limited Liability Company Act, we converted Radio One Cable Holdings, Inc. (“ROCH”) from a Delaware corporation to a Delaware limited liability company and as a result of and in connection with the conversion, ROCH has changed its legal name to “Radio One Cable Holdings, LLC” (“ROCHLLC”). From and after the date of the conversion, ROCHLLC continues to be (1) a guarantor for all purposes under the 2011 Credit Agreement and all ancillary agreements and (2) a grantor for all purposes under the security agreement relating to the 2011 Credit Agreement. Further, ROCHLLC has succeeded ROCH as a guarantor under the indenture governing the Company’s 12¹/₂%/15% Senior Subordinated Notes due May 2016.

On October 28, 2013, the Company announced that effective November 1, 2013, Christopher Wegmann will become President of the Radio Division, reporting to Alfred C. Liggins, III, who will continue as Chief Executive Officer.

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The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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