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Inner City Broadcasting Corporation

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273:, 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 150:
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
1027: 852: 300:. 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. 128:, 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. 1022: 993: 50:
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
929: 146:; Inner City exercised the clause two years later. While WLIB continued largely as a talk radio outlet, WBLS's format transitioned from 968: 1017: 943: 285: 17: 265:
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
497: 281: 254:. The final decision resulted in Rangel stepping down as chairman of the foundation; he was replaced by actor 219: 198:. Inner City also owned a variety of other media assets, including two cable television joint ventures with 540: 179: 341: 175: 715: 694: 442: 364: 191: 183: 163: 68: 63: 886: 214: 139: 85: 727: 516: 232: 77: 972: 654: 547: 431: 349: 195: 116:; civil rights activist, journalist and congressional aide Marcella P. West; and musicians 72:. Sutton and Jones were joined by over fifty shareholders including legendary disk jockey 8: 865: 482: 345: 270: 187: 947: 805: 446: 171: 152: 284:
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.
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clause to later acquire sister station WLIB-FM, which was renamed
38:. It was one of the first broadcasting companies wholly owned by 611: 354: 205:
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
847: 235:of Inner City Broadcasting, though he remained as 994:"Creditors seek black radio company's bankruptcy" 162:Inner City later purchased radio stations in the 1009: 96:; future New York state senator and comptroller 34:("ICBC") was an American media company based in 250:, retained revenues generated by production of 159:, and the profile of Inner City rose with it. 919:, Published: February 2, 1982: New York Times 174:(co-founder Percy Sutton's hometown); the 92:, who succeeded Jones as publisher of the 932:. Johnson Publishing Company. 1999-09-06. 1023:Mass media companies established in 1971 944:"Quetzal JPMorgan Partners - Portfolio" 14: 1010: 226: 710:, owned by Pittsburgh Public Media 202:in New York City and Philadelphia. 32:Inner City Broadcasting Corporation 24: 394:Owned by Pham Radio Communication 380:Owned by Pham Radio Communication 25: 1039: 56:president of the New York borough 1018:Companies based in New York City 850: 231:In 1990 Percy Sutton retired as 27:American radio broadcast company 315: 310: 986: 961: 936: 922: 910: 895: 878: 800:Owned by Midlands Media Group 282:United States Bankruptcy Court 155:format under program director 134:, owned by brothers Harry and 13: 1: 871: 414:, owned by Woori Media Group 971:. 2004-08-13. Archived from 541:Educational Media Foundation 66:, a former publisher of the 7: 843: 459:Owned by Niche Radio, Inc. 303: 252:It's Showtime at the Apollo 220:It's Showtime at the Apollo 54:, an attorney and a former 10: 1044: 45: 905:, July 29, 1974, pg. 21. 804: 714: 689:Owned by VM Broadcasting 670:Owned by Mediaco Holding 638: 546: 481: 437: 398: 340: 890:, July 3, 1972, pg. 23. 726:Defunct; went silent as 716:Columbia, South Carolina 365:Bonneville International 192:Columbia, South Carolina 837:, owned by iHeartMedia 826:KSLR/KSAQ/KSJL-FM 96.1 821:, owned by iHeartMedia 69:New York Amsterdam News 18:Inner City Broadcasting 298:Earvin "Magic" Johnson 176:San Francisco Bay Area 140:right of first refusal 786:Owned by Alpha Media 772:Owned by Alpha Media 758:Owned by Alpha Media 744:Owned by Alpha Media 634:Owned by Alpha Media 620:Owned by Alpha Media 606:Owned by Alpha Media 592:Owned by Alpha Media 578:Owned by Alpha Media 517:Calvary Radio Network 286:Chapter 11 bankruptcy 233:chairman of the board 215:syndicated television 655:Emmis Communications 548:Jackson, Mississippi 432:Uforia Audio Network 196:Jackson, Mississippi 90:Wilbert (Bill) Tatum 866:Radio One (company) 483:Fort Wayne, Indiana 271:Alta Communications 227:Recent developments 188:Fort Wayne, Indiana 76:; Sutton's fellow " 1000:. August 22, 2011. 901:"Changing Hands." 884:"Changing Hands." 172:San Antonio, Texas 153:urban contemporary 841: 840: 322: 321: 275:Time Warner Cable 237:chairman emeritus 200:Time Warner Cable 40:African-Americans 16:(Redirected from 1035: 1002: 1001: 990: 984: 983: 981: 980: 965: 959: 958: 956: 955: 946:. Archived from 940: 934: 933: 926: 920: 914: 908: 899: 893: 882: 860: 855: 854: 853: 324: 323: 308: 307: 21: 1043: 1042: 1038: 1037: 1036: 1034: 1033: 1032: 1008: 1007: 1006: 1005: 992: 991: 987: 978: 976: 967: 966: 962: 953: 951: 942: 941: 937: 928: 927: 923: 915: 911: 900: 896: 883: 879: 874: 856: 851: 849: 846: 498:Federated Media 336:Current status 306: 229: 217:variety series 157:Frankie Crocker 136:Morris S. Novik 126:Dorothy Brunson 104:, the widow of 48: 28: 23: 22: 15: 12: 11: 5: 1041: 1031: 1030: 1025: 1020: 1004: 1003: 985: 960: 935: 921: 909: 894: 876: 875: 873: 870: 869: 868: 862: 861: 845: 842: 839: 838: 830: 827: 823: 822: 814: 811: 808: 802: 801: 798: 795: 788: 787: 784: 781: 774: 773: 770: 767: 760: 759: 756: 753: 746: 745: 742: 739: 732: 731: 724: 721: 718: 712: 711: 703: 700: 697: 691: 690: 687: 684: 678: 672: 671: 668: 665: 658: 657: 651: 648: 642: 636: 635: 632: 629: 622: 621: 618: 615: 608: 607: 604: 601: 594: 593: 590: 587: 580: 579: 576: 573: 566: 565: 559: 556: 550: 544: 543: 532: 529: 526: 520: 519: 508: 505: 504:WOWO-FM 102.9 501: 500: 494: 491: 485: 479: 478: 467: 465: 461: 460: 457: 455: 449: 443:Ft. 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Retrieved 973:the original 963: 952:. Retrieved 948:the original 938: 924: 912: 903:Broadcasting 902: 897: 887:Broadcasting 885: 880: 858:Radio portal 832: 816: 705: 676:Philadelphia 534: 510: 469: 425: 409: 333:Years owned 316: 311: 279: 264: 251: 241: 230: 218: 204: 180:Philadelphia 161: 130: 118:Billy Taylor 110:civil rights 106:Black Muslim 93: 78:Gang of Four 67: 52:Percy Sutton 49: 31: 29: 806:San Antonio 563:Alpha Media 539:, owned by 528:WLBS 102.7 515:, owned by 476:iHeartMedia 474:, owned by 464:WSHE 103.5 430:, owned by 419:KUTE 101.9 400:Los Angeles 292:and former 260:Time Warner 256:Ossie Davis 164:Los Angeles 98:Carl McCall 74:Hal Jackson 1012:Categories 979:2005-07-18 954:2005-07-18 872:References 829:1986–1998 813:1986–1993 797:2003–2012 783:2000–2012 769:2000–2012 755:2003–2012 741:2000–2012 723:2000–2012 720:WOIC 1230 702:2000–2007 699:WURP 1550 695:Pittsburgh 686:2000–2006 667:1974–2012 650:1972–2012 631:2000–2012 617:2000–2012 603:2000–2012 589:2000–2012 575:2000–2012 558:2006–2012 531:1979–1988 493:1994–1995 422:1979–1985 404:KGFJ 1230 391:1997–2012 377:1979–2012 360:1979–2012 317:FM Station 312:AM Station 267:GE Capital 184:Pittsburgh 810:KSJL 760 653:Owned by 561:Owned by 496:Owned by 363:Owned by 114:Malcolm X 80:" member 60:Manhattan 844:See also 730:in 2022 350:San Jose 330:Station 304:Stations 998:Reuters 612:WKXI-FM 524:Detroit 355:KBLX-FM 346:Oakland 327:Market 296:player 168:Detroit 112:leader 46:History 780:101.3 766:102.3 752:103.9 664:107.5 628:105.9 614:107.5 357:102.9 211:Harlem 194:; and 166:area; 62:; and 930:"Jet" 794:93.1 738:93.5 683:1340 647:1190 600:99.7 586:1300 572:1400 555:1180 507:1994 490:1190 454:1580 439:Miami 388:1430 374:1400 86:mayor 834:KXXM 818:KTKR 792:WZMJ 778:WWDM 764:WMFX 750:WHXT 736:WARQ 728:WPCO 707:WZUM 681:WHAT 662:WBLS 645:WLIB 626:WRKS 598:WJMI 584:WOAD 570:WJQS 553:WJNT 536:WDKL 512:WJCI 488:WOWO 471:WMIB 452:WSRF 427:KSCA 411:KYPA 386:KVVN 372:KVTO 269:and 148:jazz 144:WBLS 132:WLIB 120:and 30:The 294:NBA 258:. 124:. 58:of 1014:: 996:. 445:- 441:- 348:- 344:- 277:. 223:. 190:; 186:; 182:; 178:; 170:; 100:; 88:; 42:. 982:. 957:. 20:)

Index

Inner City Broadcasting
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

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