URBAN ONE, INC. 8-K

What Happened
On May 1, 2026, Urban One, Inc. announced it entered into an agreement to acquire Service Broadcasting Group, LLC — including flagship Dallas radio stations KKDA and KRNB — and separately agreed to sell radio station KZMJ to Fuzion Dallas, LLC. The company reported these events on a Form 8-K filed May 4, 2026. Both transactions are subject to Federal Communications Commission approval and other customary closing conditions.

Key Details

• Announced acquisition target: Service Broadcasting Group, LLC (includes KKDA and KRNB).
• Announced sale: KZMJ to Fuzion Dallas, LLC.
• Announcement date: May 1, 2026; Form 8-K filed May 4, 2026.
• Both deals are contingent on FCC approval and customary closing conditions.

Why It Matters
These transactions could change Urban One’s Dallas market footprint — adding KKDA and KRNB while divesting KZMJ — but any impact on revenue, audience reach, or costs depends on deal closing and regulatory approval. The company’s filing also includes the usual forward‑looking statements and cautions that outcomes are subject to risks (including the company’s disclosed control issues and general market conditions). Investors should watch for further SEC or FCC filings and subsequent disclosures for transaction terms and financial effects.