Urban One To Expand Spanish Language Programming With Local Management Agreement With La Mega Media And Lazo Media; Effective November 1, 2024, Urban One Will Own And/Or Operate Stations Under The La Mega Brand In Cleveland, Columbus, Cincinnati, And Indianapolis

Urban One Inc. (NASDAQ:UONEK, UONE))) has announced a Local Management Agreement (LMA) with La Mega Media, Inc., and Lazo Media LLC, taking a significant step to expand Spanish-language programming across its Ohio markets and into Indianapolis. Effective November 1, 2024, Urban One will own and/or operate stations under the La Mega brand in Cleveland, Columbus, Cincinnati, and Indianapolis. Additionally, Claudia DeLeon, most recently the Chief Operating Officer of La Mega Media, has been named Vice President, General Manager of the Cleveland market, and Head of Spanish Broadcast Operations for Urban One.