Urban One (UONE) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document Information [Line Items]
Entity Registrant Name	RADIO ONE, INC.
Entity Central Index Key	1,041,657
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Trading Symbol	ROIA
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,123,698
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,861,843
Common Class C [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,928,906
Common Class D [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		41,951,850

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
NET REVENUE	$ 119,821	$ 108,414	$ 225,584	$ 219,486
OPERATING EXPENSES:
Programming and technical	31,425	33,920	65,882	69,192
Selling, general and administrative, including stock-based compensation of $49 and $5, and $177 and $10, respectively	41,531	33,450	76,068	74,068
Corporate selling, general and administrative, including stock-based compensation of $1,149 and $60, and $2,602 and $100, respectively	13,098	9,458	25,186	19,539
Depreciation and amortization	8,980	9,236	18,068	18,506
Total operating expenses	95,034	86,064	185,204	181,305
Operating income	24,787	22,350	40,380	38,181
INTEREST INCOME	28	81	35	134
INTEREST EXPENSE	20,019	19,255	39,264	41,118
LOSS ON RETIREMENT OF DEBT	7,091	0	7,091	5,679
OTHER EXPENSE (INCOME), net	437	(21)	285	45
(Loss) income before provision for income taxes and noncontrolling interests in income of subsidiaries	(2,732)	3,197	(6,225)	(8,527)
PROVISION FOR INCOME TAXES	9,942	8,605	18,472	17,183
CONSOLIDATED NET LOSS	(12,674)	(5,408)	(24,697)	(25,710)
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	365	5,408	6,831	10,289
CONSOLIDATED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (13,039)	$ (10,816)	$ (31,528)	$ (35,999)
BASIC AND DILUTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS
Net loss attributable to common stockholders (in dollars per share)	$ (0.27)	$ (0.23)	$ (0.66)	$ (0.76)
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic and Diluted (in shares)	48,062,991	47,465,653	47,840,082	47,453,414

CONSOLIDATED STATEMENTS OF OPE3

CONSOLIDATED STATEMENTS OF OPERATIONS [Parenthetical] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Selling, General and Administrative Expenses [Member]
Allocated Share-based Compensation Expense	$ 49	$ 5	$ 177	$ 10
Corporate Segment [Member]
Allocated Share-based Compensation Expense	$ 1,149	$ 60	$ 2,602	$ 100

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
CONSOLIDATED NET LOSS	$ (12,674)	$ (5,408)	$ (24,697)	$ (25,710)
NET CHANGE IN UNREALIZED (LOSS) GAIN ON INVESTMENT ACTIVITIES, NET OF TAX	(1)	34	115	154
COMPREHENSIVE LOSS	(12,675)	(5,374)	(24,582)	(25,556)
LESS: COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	365	5,408	6,831	10,289
COMPREHENSIVE LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (13,040)	$ (10,782)	$ (31,413)	$ (35,845)

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 60,467	$ 67,781
Trade accounts receivable, net of allowance for doubtful accounts of $5,578 and $3,975, respectively	99,608	96,426
Prepaid expenses	5,969	6,910
Current portion of content assets	29,151	25,615
Other current assets	3,142	5,185
Total current assets	198,337	201,917
CONTENT ASSETS, net	44,023	42,715
PROPERTY AND EQUIPMENT, net	30,644	30,977
GOODWILL	275,937	275,355
RADIO BROADCASTING LICENSES	666,797	666,797
LAUNCH ASSETS, net	1,183	2,640
OTHER INTANGIBLE ASSETS, net	153,405	167,651
OTHER ASSETS	13,771	3,642
Total assets	1,384,097	1,391,694
CURRENT LIABILITIES:
Accounts payable	5,754	6,602
Accrued interest	20,670	12,226
Accrued compensation and related benefits	10,127	8,729
Current portion of content payables	17,366	15,043
Other current liabilities	13,958	16,124
Current portion of long-term debt	2,625	3,829
Total current liabilities	70,500	62,553
LONG-TERM DEBT, net of current portion and original issue discount	1,020,948	809,615
CONTENT PAYABLES, net of current portion	10,744	14,579
OTHER LONG-TERM LIABILITIES	30,466	21,076
DEFERRED TAX LIABILITIES, net	270,732	252,463
Total liabilities	1,403,390	1,160,286
REDEEMABLE NONCONTROLLING INTERESTS	11,223	10,836
STOCKHOLDERS' EQUITY:
Convertible preferred stock, $.001 par value, 1,000,000 shares authorized; no shares outstanding at June 30, 2015 and December 31, 2014, respectively	0	0
Accumulated other comprehensive loss	0	(115)
Additional paid-in capital	987,835	1,006,635
Accumulated deficit	(1,019,200)	(987,672)
Total stockholders’ (deficit) equity	(31,315)	18,898
Noncontrolling interest	799	201,674
Total (deficit) equity	(30,516)	220,572
Total liabilities, redeemable noncontrolling interests and equity	1,384,097	1,391,694
Common Class A [Member]
STOCKHOLDERS' EQUITY:
Common stock value	2	2
Common Class B [Member]
STOCKHOLDERS' EQUITY:
Common stock value	3	3
Common Class C [Member]
STOCKHOLDERS' EQUITY:
Common stock value	3	3
Common Class D [Member]
STOCKHOLDERS' EQUITY:
Common stock value	$ 42	$ 42

CONSOLIDATED BALANCE SHEETS _Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Allowance for doubtful accounts receivable (in dollars)	$ 5,578	$ 3,975
Convertible Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Convertible Preferred stock, shares authorized	1,000,000	1,000,000
Convertible Preferred stock, shares outstanding	0	0
Common Class A [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	2,146,698	2,249,809
Common stock, shares outstanding	2,146,698	2,249,809
Common Class B [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	2,861,843	2,861,843
Common stock, shares outstanding	2,861,843	2,861,843
Common Class C [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	2,928,906	2,928,906
Common stock, shares outstanding	2,928,906	2,928,906
Common Class D [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	41,928,850	42,102,352
Common stock, shares outstanding	41,928,850	42,102,352

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - 6 months ended Jun. 30, 2015 - USD ($) $ in Thousands	Total	Convertible Preferred Stock [Member]	Common Stock Class A [Member]	Common Stock Class B [Member]	Common Stock Class C [Member]	Common Stock Class D [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Noncontrolling Interest [Member]
BALANCE at Dec. 31, 2014	$ 220,572	$ 0	$ 2	$ 3	$ 3	$ 42	$ (115)	$ 1,006,635	$ (987,672)	$ 201,674
Consolidated net (loss) income	(25,475)	0	0	0	0	0	0	0	(31,528)	6,053
Net change in unrealized loss on investment activities	115	0	0	0	0	0	115	0	0	0
Conversion of 103,111 shares of Class A common stock to Class D common stock	0	0	0	0	0	0	0	0	0	0
Acquisition of additional membership interest in TV One	(221,736)	0	0	0	0	0	0	(20,547)	0	(201,189)
Repurchase of 345,293 shares of Class D common stock	(1,423)	0	0	0	0	0	0	(1,423)	0	0
Dividends paid to noncontrolling interest	(5,739)	0	0	0	0	0	0	0	0	(5,739)
Adjustment of redeemable noncontrolling interests to estimated redemption value	391	0	0	0	0	0	0	391	0	0
Stock-based compensation expense	2,779	0	0	0	0	0	0	2,779	0	0
BALANCE at Jun. 30, 2015	$ (30,516)	$ 0	$ 2	$ 3	$ 3	$ 42	$ 0	$ 987,835	$ (1,019,200)	$ 799

CONSOLIDATED STATEMENT OF CHAN8

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY [Parenthetical]	6 Months Ended
	Jun. 30, 2015shares
Common Stock Class A [Member]
Stock Repurchased During Period, Shares	345,293
Convertible shares, Class A to Class D [Member]
Conversion Of Stock, Shares Converted	103,111

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net loss	$ (24,697)	$ (25,710)
Adjustments to reconcile net loss to net cash from operating activities:
Depreciation and amortization	18,068	18,506
Amortization of debt financing costs	2,387	2,366
Amortization of content assets	23,221	21,683
Amortization of launch assets	1,457	4,984
Deferred income taxes	18,269	17,042
Stock-based compensation	2,779	110
Loss on retirement of debt	7,091	5,679
Effect of change in operating assets and liabilities, net of assets acquired:
Trade accounts receivable	(1,957)	4,106
Prepaid expenses and other assets	2,471	1,574
Other assets	773	1,259
Accounts payable	(848)	(440)
Accrued interest	8,444	6,826
Accrued compensation and related benefits	1,398	(4,660)
Income taxes payable	(210)	(844)
Other liabilities	(873)	(2,433)
Payments for content assets	(29,645)	(24,794)
Net cash flows provided by operating activities	28,128	25,254
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(4,510)	(3,356)
Cost method investment	(5,000)	0
Purchase of additional membership interest in TV One	(209,864)	0
Proceeds from sales of investment securities	3,524	26
Purchases of investment securities	(591)	(901)
Proceeds from sale of assets held for sale	0	225
Acquisition of station and broadcasting assets	0	(7,140)
Net cash flows used in investing activities	(216,441)	(11,146)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of senior subordinated notes	0	(327,034)
Premium paid on repayment of long-term debt	(827)	(1,554)
Proceeds from 2015 Credit Facility	350,000	0
Proceeds from debt issuance	350,000	335,000
Repurchase of common stock	(1,423)	0
Repayment of credit facility	(368,532)	(2,999)
Repayment of TV One senior secured notes	(119,000)	0
Debt refinancing costs and original issue discount	(23,480)	(4,472)
Payment of dividends to noncontrolling interest members of TV One	(5,739)	(9,831)
Proceeds from exercise of stock options	0	125
Net cash flows provided by (used in) financing activities	180,999	(10,765)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(7,314)	3,343
CASH AND CASH EQUIVALENTS, beginning of period	67,781	56,676
CASH AND CASH EQUIVALENTS, end of period	60,467	60,019
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest	2,606	31,797
Income taxes, net	330	885
NON-CASH FINANCIAL AND INVESTING ACTIVITIES:
Note payable incurred as part of purchase of additional membership interest in TV One	$ 11,872	$ 0

ORGANIZATION AND SUMMARY OF SIG

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (a) Organization Radio One, Inc. (a Delaware corporation referred to as “Radio One”) and its subsidiaries (collectively, the “Company”) is an urban-oriented, multi-media company that primarily targets African-American and urban consumers. Our core business is our radio broadcasting franchise that is the largest radio broadcasting operation that primarily targets African-American and urban listeners. We currently own and/or operate 54 broadcast stations located in 16 urban markets in the United States. While our primary source of revenue is the sale of local and national advertising for broadcast on our radio stations, our strategy is to operate the premier multi-media entertainment and information content provider targeting African-American and urban consumers. Thus, we have diversified our revenue streams by making acquisitions and investments in other complementary media properties. Our other media interests include our approximately 99.6 Acquisitions and Dispositions) 80.0 Acquisitions and Dispositions 5 40 5 As part of our consolidated financial statements, consistent with our financial reporting structure and how the Company currently manages its businesses, we have provided selected financial information on the Company’s four reportable segments: (i) radio broadcasting; (ii) Reach Media; (iii) internet; and (iv) cable television (See Note 7 – Segment Information (b) Interim Financial Statements The interim consolidated financial statements included herein have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In management’s opinion, the interim financial data presented herein include all adjustments (which include only normal recurring adjustments) necessary for a fair presentation. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted pursuant to such rules and regulations. Results for interim periods are not necessarily indicative of results to be expected for the full year. This Form 10-Q should be read in conjunction with the financial statements and notes thereto included in the Company’s 2014 Annual Report on Form 10-K. (c) Financial Instruments Financial instruments as of June 30, 2015, and December 31, 2014, consisted of cash and cash equivalents, investments, trade accounts receivable, long-term debt and redeemable noncontrolling interests. The carrying amounts approximated fair value for each of these financial instruments as of June 30, 2015, and December 31, 2014, except for the Company’s outstanding senior subordinated and secured notes. The 9.25 335.0 306.5 294.8 10 7.375 350.0 346.5 350.0 350.0 356.1 11.9 Long-Term (d) Revenue Recognition Within our radio broadcasting and Reach Media segments, the Company recognizes revenue for broadcast advertising when a commercial is broadcast and is reported, net of agency and outside sales representative commissions, in accordance with Accounting Standards Codification (“ASC”) 605, “ Revenue Recognition 7.1 8.0 13.6 15.3 Interactive One generates the majority of the Company’s internet revenue, and derives such revenue principally from advertising services, including advertising aimed at diversity recruiting, on non-radio station branded but Company owned websites. Advertising services include the sale of banner and sponsorship advertisements. Advertising revenue is recognized either as impressions (the number of times advertisements appear in viewed pages) are delivered, when “click through” purchases are made or leads are generated, or ratably over the contract period, where applicable. In addition, Interactive One derives revenue from its studio operations, in which it provides third-party clients with publishing services including digital platforms and related expertise. In the case of the studio operations, revenue is recognized primarily based on fixed contractual monthly fees or as a share of the third party’s reported revenue. TV One derives advertising revenue from the sale of television air time to advertisers and recognizes revenue when the advertisements are run. TV One also derives revenue from affiliate fees under the terms of various affiliation agreements based on a per subscriber fee multiplied by the most recent subscriber counts reported by the applicable affiliate. For our cable television segment, agency and outside sales representative commissions were $ 3.6 3.2 7.2 6.6 Launch Support TV One has entered into certain affiliate agreements requiring various payments by TV One for launch support. Launch support assets are used to initiate carriage under new affiliation agreements and are amortized over the term of the respective contracts. Launch support amortization is recorded as a reduction to revenue to the extent that revenue is recognized from the affiliate, and any excess amortization is recorded as launch support amortization expense. The initial weighted-average amortization period for launch support assets is approximately 10.9 0.8 0.9 577,000 1.5 2.5 5.0 (f) Barter Transactions In certain instances, the Company provides advertising time in exchange for programming content and certain services. The Company accounts for these exchanges in accordance with ASC 605, “ Revenue Recognition 577,000 868,000 1.1 1.7 520,000 827,000 57,000 41,000 1.1 1.6 95,000 81,000 Earnings Per Share Basic earnings per share is computed on the basis of the weighted average number of shares of common stock (Classes A, B, C and D) outstanding during the period. Diluted earnings per share is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. The Company’s potentially dilutive securities include stock options and unvested restricted stock. Diluted earnings per share considers the impact of potentially dilutive securities except in periods in which there is a net loss, as the inclusion of the potentially dilutive common shares would have an anti-dilutive effect. The following table sets forth the calculation of basic and diluted earnings per share from continuing operations (in thousands, except share and per share data): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 (Unaudited) (In Thousands) Numerator: Net loss attributable to common stockholders $ (13,039) $ (10,816) $ (31,528) $ (35,999) Denominator: Denominator for basic net loss per share - weighted average outstanding shares 48,062,991 47,465,653 47,840,082 47,453,414 Effect of dilutive securities: Stock options and restricted stock — — — — Denominator for diluted net loss per share - weighted-average outstanding shares 48,062,991 47,465,653 47,840,082 47,453,414 Net loss attributable to common stockholders per share – basic and diluted $ (0.27) $ (0.23) $ (0.66) $ (0.76) Three Months Ended Six Months Ended Three Months Ended Six Months Ended June 30, 2015 June 30, 2015 June 30, 2014 June 30, 2014 (Unaudited) (In Thousands) Stock options 3,367 3,367 4,183 4,183 Restricted stock awards 1,861 2,228 177 181 Fair Value Measurements We report our financial and non-financial assets and liabilities measured at fair value on a recurring and non-recurring basis under the provisions of ASC 820, “Fair Value Measurements and Disclosures.” The fair value framework requires the categorization of assets and liabilities into three levels based upon the assumptions (inputs) used to price the assets or liabilities. Level 1 provides the most reliable measure of fair value, whereas Level 3 generally requires significant management judgment. The three levels are defined as follows: Level 1 : Inputs are unadjusted quoted prices in active markets for identical assets and liabilities that can be accessed at measurement date. Level 2 : Observable inputs other than those included in Level 1 (i.e., quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets). Level 3 : Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. As of June 30, 2015, and December 31, 2014, respectively, the fair values of our financial assets and liabilities are categorized as follows: Total Level 1 Level 2 Level 3 (Unaudited) (In thousands) As of June 30, 2015 Liabilities subject to fair value measurement: Incentive award plan (a) $ 1,044 $ — $ — $ 1,044 Employment agreement award (b) 19,455 — — 19,455 Total $ 20,499 $ — $ — $ 20,499 Mezzanine equity subject to fair value measurement: Redeemable noncontrolling interests (c) $ 11,223 $ — $ — $ 11,223 As of December 31, 2014 Assets subject to fair value measurement: Corporate debt securities (d) $ 805 $ 805 $ — $ — Government sponsored enterprise mortgage-backed securities (d) 102 — 102 — Mutual funds (d) 2,004 2,004 — — Total $ 2,911 $ 2,809 $ 102 $ — Liabilities subject to fair value measurement: Incentive award plan (a) $ 1,044 $ — $ — $ 1,044 Employment agreement award (b) 17,993 — — 17,993 Total $ 19,037 $ — $ — $ 19,037 Mezzanine equity subject to fair value measurement: Redeemable noncontrolling interests (c) $ 10,836 $ — $ — $ 10,836 (a) These balances are measured based on the estimated enterprise fair value of TV One as determined by a combination of a discounted cash flow analysis and the value used in connection with the Comcast Buyout (as defined in Note 2 – Acquisitions and Dispositions) (b) Pursuant to an employment agreement (the “Employment Agreement”) executed in April 2008, the Chief Executive Officer (“CEO”) is eligible to receive an award (the “Employment Agreement Award”) amount equal to 8 Acquisitions and Dispositions), (d) Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, fair values are estimated using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. Incentive Employment Redeemable Award Agreement Noncontrolling Plan Award Interests (In thousands) Balance at December 31, 2014 $ 1,044 $ 17,993 $ 10,836 Net income attributable to noncontrolling interests — — 778 Change in fair value — 1,462 (391) Balance at June 30, 2015 $ 1,044 $ 19,455 $ 11,223 The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date $ — $ (1,462) $ — Incentive Employment Redeemable Award Agreement Noncontrolling Plan Award Interests (In thousands) Balance at December 31, 2013 $ 2,114 $ 13,688 $ 11,999 Distribution (1,370) — — Net loss attributable to noncontrolling interests — — (54) Change in fair value 188 1,503 (897) Balance at June 30, 2014 $ 932 $ 15,191 $ 11,048 The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date $ (188) $ (1,503) $ — Losses included in earnings were recorded in the consolidated statements of operations as corporate selling, general and administrative expenses for the three and six months ended June 30, 2015 and 2014 . As of As of June 30, December 31, As of June 2015 2014 30, 2014 Significant Level 3 liabilities Valuation Technique Unobservable Inputs Significant Unobservable Input Value Incentive award plan Discounted Cash Flow Discount Rate 10.4 % 10.4 % 10.6 % Incentive award plan Discounted Cash Flow Long-term Growth Rate 3.0 % 3.0 % 3.0 % Employment agreement award Discounted Cash Flow Discount Rate 10.4 % 10.4 % 10.6 % Employment agreement award Discounted Cash Flow Long-term Growth Rate 3.0 % 3.0 % 3.0 % Redeemable noncontrolling interest Discounted Cash Flow Discount Rate 12.0 % 12.0 % 12.5 % Redeemable noncontrolling interest Discounted Cash Flow Long-term Growth Rate 1.5 % 1.5 % 1.5 % Any significant increases or decreases in discount rate or long-term growth rate inputs could result in significantly higher or lower fair value measurements. Certain assets and liabilities are measured at fair value on a non-recurring basis using Level 3 inputs as defined in ASC 820. These assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments only in certain circumstances. Included in this category are goodwill, radio broadcasting licenses and other intangible assets, net, that are written down to fair value when they are determined to be impaired, as well as content assets that are periodically written down to net realizable value. The Company concluded these assets were not impaired during the six months ended June 30, 2015, June 30, 2014, and, therefore, were reported at carrying value as opposed to fair value. In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, “ Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360)—Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity In May 2014, the FASB issued ASU 2014-09, “ Revenue from Contracts with Customers In April 2015, the FASB issued ASU 2015-03, “ Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs 8.3 6.9 Redeemable noncontrolling interests are interests in subsidiaries that are redeemable outside of the Company’s control either for cash or other assets. These interests are classified as mezzanine equity and measured at the greater of estimated redemption value at the end of each reporting period or the historical cost basis of the noncontrolling interests adjusted for cumulative earnings allocations. The resulting increases or decreases in the estimated redemption amount are affected by corresponding charges against retained earnings, or in the absence of retained earnings, additional paid-in-capital. (k) Content Assets TV One has entered into contracts to acquire entertainment programming rights and programs from distributors and producers. The Company also has programming for which the Company has engaged third parties to develop and produce, and it owns most or all rights to this programming. The license periods granted in these contracts generally run from one year to perpetuity. Contract payments are made in installments over terms that are generally shorter than the contract period. Each contract is recorded as an asset and a liability at an amount equal to its gross contractual commitment when the license period begins and the program is available for its first airing. Program rights are recorded at the lower of amortized cost or estimated net realizable value. Program rights are amortized based on the greater of the usage of the program or term of license. Estimated net realizable values are based on the estimated revenues directly associated with the program materials and related expenses. The Company did not record any additional amortization expense as a result of evaluating its contracts for recoverability for the three months ended June 30, 2015 and 2014. The Company did not record any additional amortization expense as a result of evaluating its contracts for recoverability for the six months ended June 30, 2015, and recorded $ 58,000 Tax incentives state and local governments offer that are directly measured based on production activities are recorded as reductions in production costs. Derivatives The Company recognizes all derivatives at fair value in the consolidated balance sheet as either an asset or liability. The accounting for changes in the fair value of a derivative, including certain derivative instruments embedded in other contracts, depends on the intended use of the derivative and the resulting designation. If the derivative is designated as a fair value hedge, the changes in the fair value of the derivative and the hedged item are recognized in the statement of operations. If the derivative is designated as a cash flow hedge, changes in the fair value of the derivative are recorded in other comprehensive income and are recognized in the statement of operations when the hedged item affects net income. If a derivative does not qualify as a hedge, it is marked to fair value through the statement of operations. The Company has accounted for an award called for in the CEO’s employment agreement (the “Employment Agreement Award”) as a derivative instrument in accordance with ASC 815, “Derivatives and Hedging.” 19.5 18.0 1.1 550,000 three months ended , respectively 1.5 The Company’s obligation to pay the award will be triggered only after the Company’s recovery of the aggregate amount of its capital contribution in TV One and only upon actual receipt of distributions of cash or marketable securities or proceeds from a liquidity event with respect to the Company’s membership interest in TV One. The CEO was fully vested in the award upon execution of the Employment Agreement, and the award lapses if the CEO voluntarily leaves the Company, or is terminated for cause. As noted in our current report on Form 8-K filed October 6, 2014, the Compensation Committee of the Board of Directors of the Company has approved terms for a new employment agreement with the CEO, including a renewal of the Employment Agreement Award upon similar terms as in the prior Employment Agreement. While a new employment agreement has not been executed as of the date of this report, the CEO is being compensated according to the new terms approved by the Compensation Committee.

ACQUISITIONS AND DISPOSITIONS

ACQUISITIONS AND DISPOSITIONS	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Acquisitions and Dispositions Disclosures [Text Block]	2. ACQUISITIONS AND DISPOSITIONS: As of June 2011, our remaining Boston radio station was made the subject of a time brokerage agreement (“TBA”), similar in operation to a local marketing agreement (“LMA”), whereby, we have made available, for a fee, air time on this station to another party. On February 3, 2014, the Company executed a new TBA, effective December 1, 2013, for its remaining station in Boston. The TBA has a three-year term, and at the conclusion of the TBA, the Company’s remaining Boston station is contracted to be conveyed to Radio Boston Broadcasting, Inc., an affiliate of Pacific Media International, LLC. As a result, that station’s radio broadcasting license was classified as a long-term other asset as of June 30, 2015, and December 31, 2014, and is being amortized through the anticipated conveyance date. On October 20, 2011, we entered into a TBA with WGPR, Inc. (“WGPR”). Pursuant to the TBA, beginning October 24, 2011, we began to broadcast programs produced, owned or acquired by Radio One on WGPR’s Detroit radio station, WGPR-FM. We pay certain operating costs of WGPR-FM, and in exchange we retain all revenues from the sale of the advertising within the programming we provide. The original term of the TBA was through December 31, 2014; however, in September 2014, we entered into an amendment to the TBA to extend the term of the TBA through December 31, 2019. Under the terms of the TBA, WGPR has also granted us certain rights of first negotiation and first refusal with respect to the sale of WGPR-FM by WGPR and with respect to any potential time brokerage agreement for WGPR-FM covering any time period subsequent to the term of the TBA. On February 27, 2014, the Company completed the acquisition of Gaffney Broadcasting, Incorporated (“Gaffney”), which consisted of an AM and FM station (WOSF-FM) in the Charlotte market. Total consideration paid for the two stations was approximately $7.7 million, which included a deposit that was paid in a prior period. In connection with the acquisition, the Company added Gaffney as a party to the agreements governing its outstanding notes and its senior credit facility. At the February 27, 2014 acquisition date, the AM station assets were classified as assets held for sale in the amount of $ 225,000 426,000 7.0 2.7 44,000 2.7 On December 17, 2014, the Company acquired certain assets of GG Digital, Inc., including the website and brand Global Grind (“Global Grind”), and for accounting purposes this was considered a business acquisition. The Global Grind website and brand was subsequently integrated into Interactive One. Total consideration paid was approximately $2.0 million. The Company’s purchase accounting to reflect the fair value of assets acquired consisted of approximately $ 440,000 1.2 314,000 38,000 10,000 On April 17, 2015, the Company used the net proceeds from its issuance of its 2022 Notes, along with the 2015 Credit Facility and Comcast Note, to refinance certain indebtedness and finance the previously announced purchase of the membership interests of an affiliate of Comcast Corporation (“Comcast”) in TV One (the “Comcast Buyout”). In connection with the Comcast Buyout, the Company acquired the additional membership interest in TV One for approximately $ 221.7 211.1 1.3 11.9 99.6

GOODWILL AND RADIO BROADCASTING

GOODWILL AND RADIO BROADCASTING LICENSES	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	3. GOODWILL AND RADIO BROADCASTING LICENSES: Impairment Testing In accordance with ASC 350, “Intangibles - Goodwill and Other,” we perform a test for impairment annually or on an interim basis when events or changes in circumstances or other conditions suggest impairment may have occurred in any given reporting unit . Other intangible assets continue to be amortized on a straight-line basis over their useful lives. We perform our annual impairment test as of October 1 of each year. Valuation of Broadcasting Licenses During the second quarter of 2015, the total market revenue growth for certain markets in which we operate was below that used in our 2014 annual impairment testing. We deemed that to be an impairment indicator that warranted interim impairment testing of certain markets’ radio broadcasting licenses, which we performed as of June 30, 2015. There was no impairment identified as part of this testing. During the first and second quarters of 2014, the total market revenue growth for certain markets in which we operate was below that used in our 2013 annual impairment testing. We deemed that to be an impairment indicator that warranted interim impairment testing of certain markets’ radio broadcasting licenses, which we performed as of March 31, 2014, and June 30, 2014. There was no impairment identified as part of this testing. There were no impairment indicators present for any of our other radio broadcasting licenses. Radio Broadcasting June 30, October 1, June 30, Licenses 2015 (a) 2014 2014 (a) Pre-tax impairment charge (in millions) $ — $ — $ — Discount Rate 9.5 % 9.5 % 9.5 % Year 1 Market Revenue Growth Rate Range 0.3% – 0.9 % 0.3% – 1.0 % 1.5% - 2.2 % Long-term Market Revenue Growth Rate Range (Years 6 – 10) 1.0% – 2.0 % 1.0% – 2.0 % 2.0 % Mature Market Share Range 6.9% – 25.2 % 6.9% – 25.2 % 6.4% – 26.9 % Operating Profit Margin Range 30.9% – 48.5 % 30.0% – 48.4 % 34.8% - 47.8 % (a) Reflects changes only to the key assumptions used in the interim testing for certain units of accounting. Valuation of Goodwill During the second quarter of 2015, we identified an impairment indicator at one of our radio markets, and as such, we performed an interim analysis for certain radio market goodwill as of June 30, 2015. Similarly, during the first and second quarters of 2014, we identified impairment indicators at certain of our radio markets, and, as such, we performed an interim impairment analysis for certain radio market reporting units as of June 30, 2014 and March 31, 2014. No goodwill impairment was identified during the three or six months ended June 30, 2015 and 2014. as of October 1, 2014, and interim impairment assessments for the quarters ended June 30, 2015 and 2014. Goodwill (Radio Market June 30, October 1, June 30, Reporting Units) 2015 (a) 2014 2014 (a) Pre-tax impairment charge (in millions) $ – $ – $ – Discount Rate 9.5 % 9.5 % 9.5 % Year 1 Market Revenue Growth Rate Range 0.7 % 0.3% – 1.0 % 1.3% - 1.5 % Long-term Market Revenue Growth Rate Range (Years 6 – 10) 2.0 % 1.0% - 2.0 % 1.5% - 2.0 % Mature Market Share Range 7.4 % 7.2% - 19.5 % 7.8% - 9.5 % Operating Profit Margin Range 37.0 % 26.4% - 52.2 % 27.9% - 34.8 % (a) Reflects changes only to the key assumptions used in the interim testing for certain units of accounting. Goodwill Valuation Results Goodwill Carrying Balances As of As of December Increase June Reporting Unit 31, 2014 (Decrease) 30, 2015 (In thousands) Radio Broadcasting Segment $ 73,535 $ — $ 73,535 Reach Media Segment 14,354 — 14,354 Internet Segment 22,422 582 23,004 Cable Television Segment 165,044 — 165,044 Total $ 275,355 $ 582 $ 275,937 The increase to the Internet reporting unit’s goodwill carrying value for the six months ended June 30, 2015, relates to an adjustment of the Company’s purchase accounting related to Global Grind.

LONG-TERM DEBT

LONG-TERM DEBT	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	4. LONG-TERM DEBT: June 30, 2015 December 31, 2014 (Unaudited) (In thousands) Senior bank term debt $ — $ 368,532 2015 Credit Facility 350,000 — 9.25% Senior Subordinated Notes due February 2020 335,000 335,000 7.375% Senior Secured Notes due April 2022 350,000 — Comcast Note due April 2019 11,872 — 10% Senior Secured TV One Notes due March 2016 — 119,000 Total debt 1,046,872 822,532 Less: current portion of long-term debt 2,625 3,829 Less: original issue discount 23,299 9,088 Long-term debt, net $ 1,020,948 $ 809,615 2022 Notes and Current Credit Facilities On April 17, 2015, the Company closed its private offering of $ 350.0 7.375 original issue price of 100.0% plus accrued interest April 15, 2022 7.375 350.0 The 2015 Credit Facility matures on December 31, 2018 At the Company’s election, the interest rate on borrowings under the 2015 Credit Facility is based on either (i) the then applicable base rate plus 3.5% (as defined in the 2015 Credit Facility) as, for any day, a rate per annum (rounded upward, if necessary, to the next 1/100th of 1%) equal to the greater of (a) the prime rate published in the Wall Street Journal, (b) 1/2 of 1% in excess rate of the overnight Federal Funds Rate at any given time and (c) the one-month LIBOR rate commencing on such day plus 1.00%), or (ii) the then applicable LIBOR rate plus 4.5% (as defined in the 2015 Credit Facility). The average interest rate was 4.78% for the three months ended June 30, 2015. Quarterly installments of 0.25 875,000 In connection with the closing of the financing transactions, the Company and the guarantor parties thereto entered into a Fourth Supplemental Indenture to the indenture governing the 2020 Notes. Pursuant to this Fourth Supplemental Indenture, TV One, which previously did not guarantee the 2020 Notes, became a guarantor under the 2020 Notes indentures. In addition, the provisions contained in the Third Supplemental Indenture previously disclosed in the Company’s Current Report on Form 8-K, filed April 1, 2015, which permitted the Company to complete the transactions became operative. The closing of the financing transactions caused a “Triggering Event” (as defined in the 2020 Notes Indenture) under the 2020 Notes Indenture and, as a result, the 2020 Notes became an unsecured obligation of the Company and the subsidiary guarantors and rank equal in right of payment with the Company’s other senior indebtedness. The Company used the net proceeds from the 2022 Notes, along with term loan borrowings under the 2015 Credit Facility, to refinance its existing senior secured credit facility, refinance $ 119.0 The 2015 Credit Facility contains affirmative and negative covenants that the Company is required to comply with, including: (a) § 1.25 to 1.00 on June 30, 2015 and the last day of each fiscal quarter thereafter. (b) § 5.85 to 1.00 on June 30, 2015 and the last day of each fiscal quarter thereafter. (c) limitations on: § liens; § sale of assets; § payment of dividends; and § mergers. As of June 30, 2015, ratios calculated in accordance with the 2015 Credit Facility were as follows: As of June Covenant Excess 30, 2015 Limit Coverage Pro Forma Last Twelve Months Covenant EBITDA (In millions) $ 137.5 Pro Forma Last Twelve Months Interest Expense (In millions) $ 74.7 Senior Debt (In millions) $ 641.0 Interest Coverage Covenant EBITDA / Interest Expense 1.84 x 1.25 x 0.59 x Senior Leverage Senior Secured Debt / Covenant EBITDA 4.66 x 5.85 x 1.19 x EBITDA - Earnings before interest, taxes, depreciation and amortization Covenant EBITDA – EBITDA adjusted for certain other adjustments, as defined in the 2015 Credit Facility As of June 30, 2015, the Company was in compliance with all of its financial covenants under the 2015 Credit Facility. As of June 30, 2015, the Company had outstanding approximately $ 350.0 8.3 6.9 2011 Credit Facilities On March 31, 2011, the Company entered into a senior secured credit facility (the “2011 Credit Agreement”) with a syndicate of banks, and simultaneously borrowed $ 386.0 411.0 386.0 March 31, 2016 25.0 March 31, 2015 . Borrowings under the credit facilities were subject to compliance with certain covenants including, but not limited to, certain financial covenants. Proceeds from the credit facilities could be used for working capital, capital expenditures made in the ordinary course of business, its common stock repurchase program, permitted direct and indirect investments and other lawful corporate purposes. On December 19, 2012, the Company entered into an amendment to the 2011 Credit Agreement (the “December 2012 Amendment”). The December 2012 Amendment: (i) modified financial covenant levels with respect to the Company's total-leverage, secured-leverage, and interest-coverage ratios; (ii) increased the amount of cash the Company can net for determination of its net indebtedness tests; and (iii) extended the time for certain of the 2011 Credit Agreement's call premium while reducing the time for its later and lower premium. On January 21, 2015, the Company entered into a second amendment to the 2011 Credit Agreement (the “Second Amendment”) with its lenders. The provisions of the 2011 Credit Agreement relating to the call premium were revised by the Second Amendment to extend the call protection from April 1, 2015 until maturity. The Second Amendment provided a call premium of 101.5% if the 2011 Credit Agreement were refinanced with proceeds from a notes offering and 100.5% if the 2011 Credit Agreement was refinanced with proceeds from any other repayment, including proceeds from a new term loan. The call premium was payable at the earlier of any refinancing or final maturity. The Second Amendment also excluded any “going concern” or qualified audit opinion solely as a result of the upcoming revolver or term loan maturities from the Event of Default provisions of the 2011 Credit Agreement. Next, the Second Amendment provided for the ability to “amend and extend” both the term loan and the revolving credit facility provided for by the 2011 Credit Agreement and added a $ 2 Finally, beginning with the quarter ending March 31, 2015, the Second Amendment implemented certain changes to the financial covenants the Company was required to comply with in order to remain in compliance with the terms of the 2011 Credit Agreement. As noted above, the Company used the net proceeds from the private offering, along with term loan borrowings under the 2015 Credit Facility, to refinance its 2011 Credit Agreement, as amended. The Company recorded a loss on retirement of debt of approximately $ 7.1 1.3 844,000 827,000 106,000 4.0 The 2011 Credit Agreement, as amended on December 19, 2012 and January 21, 2015, contained affirmative and negative covenants that the Company was required to comply with. In accordance with the 2011 Credit Agreement, as amended, the calculations for the ratios did not include the operating results or related debt of TV One, but rather included our proportionate share of cash dividends received from TV One for periods presented. Under the terms of the 2011 Credit Agreement, as amended, interest on base rate loans was payable quarterly and interest on LIBOR loans was payable monthly or quarterly. The base rate was equal to the greater of: (i) the prime rate; (ii) the Federal Funds Effective Rate plus 0.50%; or (iii) the LIBOR Rate for a one-month period plus 1.00%. The applicable margin on the 2011 Credit Agreement was between (i) 4.50% and 5.50% on the revolving portion of the facility and (ii) 5.00% (with a base rate floor of 2.5% per annum) and 6.00% (with a LIBOR floor of 1.5% per annum) on the term portion of the facility. 7.50 0.25 957,000 On February 24, 2015, the Company entered into a letter of credit reimbursement and security agreement. As of June 30, 2015, the Company had letters of credit totaling $ 1.0 During the three and six months ended June 30, 2015, the Company repaid approximately $ 367.6 368.5 2.0 3.0 1.1 Senior Subordinated Notes On November 24, 2010, we issued $ 286.8 12.5 15 97.0 101.5 7 8 199.3 200.0 3 8 4.1 1.6 Interest on the 2016 Notes, that the Company repurchased or otherwise redeemed in March 2014, was initially payable in cash, or at our election, partially in cash and partially through the issuance of additional 2016 Notes (a “PIK Election”) on a quarterly basis in arrears. For fiscal 2014, interest accrued at a rate of 12.5 On February 10, 2014, the Company closed a private placement offering of $ 335.0 9.25 The 2020 Notes were offered at an original issue price of 100.0% plus accrued interest from February 10, 2014. February 15, 2020 semiannually 15.5 August 15, 2014 335.0 4.5 The indenture that governs the 2020 Notes contains covenants that restrict, among other things, the ability of the Company to incur additional debt, purchase common stock, make capital expenditures, make investments or other restricted payments, swap or sell assets, engage in transactions with related parties, secure non-senior debt with assets, or merge, consolidate or sell all or substantially all of its assets. TV One Senior Secured Notes TV One issued $ 119.0 10.0 March 15, 2016 Comcast Note The Company also has outstanding our new senior unsecured promissory note in the aggregate principal amount of approximately $ 11.9 Comcast Note 10.47 April 17, 2019 The Company conducts a portion of its business through its subsidiaries. Certain of the Company’s subsidiaries have fully and unconditionally guaranteed the Company’s 2022 Notes, 2020 Notes and the Company’s obligations under the 2015 Credit Facility. June 30 , 2015, are as follows: 9.25% Senior 7.375% Senior Subordinated Secured Comcast Note 2015 Notes due Notes Total (In thousands) July – December 2015 $ — $ 2,625 $ — $ — $ 2,625 2016 — 3,500 — — 3,500 2017 — 3,500 — — 3,500 2018 — 340,375 — — 340,375 2019 11,872 — — — 11,872 2020 — — 335,000 — 335,000 2021 and thereafter — — — 350,000 350,000 Total Debt $ 11,872 $ 350,000 $ 335,000 $ 350,000 $ 1,046,872

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	5. INCOME TAXES: The Company recorded tax expense of approximately $ 18.5 6.2 Interim Reporting As of June 30, 2015, the Company continues to maintain a full valuation allowance on its deferred tax assets for substantially all entities and jurisdictions, for its net deferred tax assets, but excludes deferred tax liabilities related to indefinite-lived intangible assets. In accordance with ASC 740, “ Accounting for Income Taxes On April 17, 2015, the Company purchased Comcast’s membership interest in TV One (See Note 2 – Acquisitions and Dispositions) 196.7 deferred tax liability

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	6. STOCKHOLDERS’ EQUITY: Stock Repurchase Program In January 2013, the Company’s Board of Directors authorized a repurchase of shares of the Company’s Class A and Class D common stock (the “January 2013 Repurchase Authorization”). Under the January 2013 Repurchase Authorization, the Company is authorized, but is not obligated, to repurchase up to $ 2.0 1.5 3.5 57,000 345,293 1.4 4.12 Stock Option and Restricted Stock Grant Plan A stock option and restricted stock plan (“the 2009 Stock Plan”) was approved by the stockholders at the Company’s annual meeting on December 16, 2009. The Company had the authority to issue up to 8,250,000 7,000,000 1,000,000 8,250,000 8,231,230 On September 30, 2014, the Compensation Committee (“Compensation Committee”) of the Board of Directors of the Company approved the principal terms of new employment agreements for each of the Company’s named executive officers which included the granting of restricted shares and stock options under a long-term incentive plan (“LTIP”) as follows, effective October 6, 2014: Cathy Hughes, Founder and Executive Chairperson was awarded 456,000 293,000 Alfred C. Liggins, President and Chief Executive Officer of Radio One, Inc. and TV One, LLC was awarded 913,000 587,000 Peter Thompson, Executive Vice President and Chief Financial Officer was awarded 350,000 200,000 75,000 225,000 Class D common stock vesting in equal 112,500 share tranches on December 31, 2015 and December 31, 2016. Linda Vilardo, Executive Vice President and Chief Administrative Officer was awarded 225,000 75,000 Christopher Wegmann, President, radio division, was awarded 70,000 Also on September 30, 2014, the Compensation Committee awarded 410,000 33 Stock-based compensation expense for the three months ended June 30, 2015 and 2014, was approximately $ 1.2 million 65 approximately $ 2.8 110 The Company did not grant stock options during the six months ended June 30, 2015, or during the six months ended June 30, 2014. June 30, 2015, Weighted-Average Remaining Aggregate Number of Weighted-Average Contractual Term Intrinsic Options Exercise Price (In Years) Value Outstanding at December 31, 2014 3,737,000 $ 3.12 5.18 $ 629,440 Grants — $ — Exercised — $ — Forfeited/cancelled/expired 370,000 $ 12.65 Balance as of June 30, 2015 3,367,000 $ 2.07 5.22 $ 4,264,271 Vested and expected to vest at June 30, 2015 3,269,000 $ 2.05 5.09 $ 4,223,278 Unvested at June 30, 2015 812,000 $ 2.75 9.27 $ 340,898 Exercisable at June 30, 2015 2,555,000 $ 1.86 3.93 $ 3,923,373 The aggregate intrinsic value in the table above represents the difference between the Company’s stock closing price on the last day of trading during the three months ended June 30, 2015, and the exercise price, multiplied by the number of shares that would have been received by the holders of in-the-money options had all the option holders exercised their options on June 30, 2015. This amount changes based on the fair market value of the Company’s stock. There were no options exercised during the three and six months ended June 30, 2015. The number of options that were exercised during the three and six months ended June 30, 2014 was 92,040 293,338 75,300 As of June 30, 2015, approximately $ 2.0 12.1 1.40 The Company granted 68,680 13,736 50,000 2,424,000 56,050 109,645 11,210 50,000 21,929 50,000 in equal 50% installments Average Fair Value at Grant Shares Date Unvested at December 31, 2014 2,535,000 $ 2.78 Grants 69,000 $ 3.64 Vested (958,000) $ 2.77 Forfeited/cancelled/expired (50,000) $ 2.75 Unvested at June 30, 2015 1,596,000 $ 2.82 The vested portion of restricted stock grants were included in the Company’s outstanding share numbers on the effective date of grant. As of June 30, 2015, approximately $ 4.8 12.3

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	7. SEGMENT INFORMATION: The Company has four reportable segments: (i) radio broadcasting; (ii) Reach Media; (iii) internet; and (iv) cable television The radio broadcasting segment consists of all broadcast results of operations. The Company aggregates the broadcast markets in which it operates into the radio broadcasting segment. The Reach Media segment consists of the results of operations for the Tom Joyner Morning Show and related activities and operations of other syndicated shows. The internet segment includes the results of our online business, including the operations of Interactive One. The cable television segment consists of TV One’s results of operations. Corporate/Eliminations/Other represents financial activity associated with our corporate staff and offices and intercompany activity among the four segments. Operating loss or income represents total revenues less operating expenses, depreciation and amortization, and impairment of long-lived assets. Intercompany revenue earned and expenses charged between segments are recorded at fair value and eliminated in consolidation. The accounting policies described in the summary of significant accounting policies in Note 1 – Organization and Summary of Significant Accounting Policies Three Months Ended June 30, 2015 2014 (Unaudited) (In thousands) Net Revenue: Radio Broadcasting $ 53,243 $ 55,773 Reach Media 18,315 10,099 Internet 4,516 5,909 Cable Television 45,594 37,984 Corporate/Eliminations/Other (1,847) (1,351) Consolidated $ 119,821 $ 108,414 Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): Radio Broadcasting $ 32,993 $ 32,781 Reach Media 16,278 10,343 Internet 5,205 5,756 Cable Television 25,572 23,409 Corporate/Eliminations/Other 6,006 4,539 Consolidated $ 86,054 $ 76,828 Depreciation and Amortization: Radio Broadcasting $ 1,169 $ 1,283 Reach Media 268 286 Internet 473 606 Cable Television 6,542 6,532 Corporate/Eliminations/Other 528 529 Consolidated $ 8,980 $ 9,236 Operating income (loss): Radio Broadcasting $ 19,081 $ 21,709 Reach Media 1,769 (530) Internet (1,162) (453) Cable Television 13,480 8,043 Corporate/Eliminations/Other (8,381) (6,419) Consolidated $ 24,787 $ 22,350 June 30, 2015 December 31, 2014 (Unaudited) (In thousands) Total Assets: Radio Broadcasting $ 813,528 $ 807,760 Reach Media 38,348 36,376 Internet 32,071 33,375 Cable Television 477,729 464,661 Corporate/Eliminations/Other 22,421 49,522 Consolidated $ 1,384,097 $ 1,391,694 Six Months Ended June 30, 2015 2014 (Unaudited) (In thousands) Net Revenue: Radio Broadcasting $ 98,212 $ 105,408 Reach Media 29,022 26,815 Internet 10,260 12,353 Cable Television 91,327 77,678 Corporate/Eliminations/Other (3,237) (2,768) Consolidated $ 225,584 $ 219,486 Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): Radio Broadcasting $ 63,922 $ 64,715 Reach Media 24,980 26,921 Internet 10,915 12,046 Cable Television 55,361 49,800 Corporate/Eliminations/Other 11,958 9,317 Consolidated $ 167,136 $ 162,799 Depreciation and Amortization: Radio Broadcasting $ 2,325 $ 2,591 Reach Media 532 577 Internet 1,112 1,232 Cable Television 13,046 13,074 Corporate/Eliminations/Other 1,053 1,032 Consolidated $ 18,068 $ 18,506 Operating income (loss): Radio Broadcasting $ 31,965 $ 38,102 Reach Media 3,510 (683) Internet (1,767) (925) Cable Television 22,920 14,804 Corporate/Eliminations/Other (16,248) (13,117) Consolidated $ 40,380 $ 38,181

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	8. COMMITMENTS AND CONTINGENCIES: Royalty Agreements The Company has entered into fixed and variable fee music license agreements with performance rights organizations, which expire beginning December 31, 2015, and as late as December 31, 2016. In connection with all performance rights organization agreements, including American Society of Composers, Authors and Publishers (“ASCAP”) and Broadcast Music, Inc. (“BMI”), Other Contingencies The Company has been named as a defendant in several legal actions arising in the ordinary course of business. It is management’s opinion, after consultation with its legal counsel, that the outcome of these claims will not have a material adverse effect on the Company’s financial position or results of operations. Off-Balance Sheet Arrangements On February 24, 2015, the Company entered into a letter of credit reimbursement and security agreement. As of June 30, 2015, the Company had letters of credit totaling $1.0 million under the agreement. Letters of credit issued under the agreement are required to be collateralized with cash. Noncontrolling Interest Shareholders’ Put Rights Beginning on January 1, 2018, the noncontrolling interest shareholders of Reach Media have an annual right to require Reach Media to purchase all or a portion of their shares at the then current fair market value for such shares (the “Put Right”). Beginning in 2018, this annual right is exercisable for a 30-day period beginning January 1 of each year. The purchase price for such shares may be paid in cash and/or shares of registered Class D common stock of Radio One, at the discretion of Radio One.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	9. SUBSEQUENT EVENTS: On July, 22, 2015, TV One executed an extension of its cable television affiliation agreement with AT&T U-verse.

ORGANIZATION AND SUMMARY OF S19

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	(a) Organization Radio One, Inc. (a Delaware corporation referred to as “Radio One”) and its subsidiaries (collectively, the “Company”) is an urban-oriented, multi-media company that primarily targets African-American and urban consumers. Our core business is our radio broadcasting franchise that is the largest radio broadcasting operation that primarily targets African-American and urban listeners. We currently own and/or operate 54 broadcast stations located in 16 urban markets in the United States. While our primary source of revenue is the sale of local and national advertising for broadcast on our radio stations, our strategy is to operate the premier multi-media entertainment and information content provider targeting African-American and urban consumers. Thus, we have diversified our revenue streams by making acquisitions and investments in other complementary media properties. Our other media interests include our approximately 99.6 Acquisitions and Dispositions) 80.0 Acquisitions and Dispositions 5 40 5 As part of our consolidated financial statements, consistent with our financial reporting structure and how the Company currently manages its businesses, we have provided selected financial information on the Company’s four reportable segments: (i) radio broadcasting; (ii) Reach Media; (iii) internet; and (iv) cable television (See Note 7 – Segment Information
Basis of Accounting, Policy [Policy Text Block]	(b) Interim Financial Statements The interim consolidated financial statements included herein have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In management’s opinion, the interim financial data presented herein include all adjustments (which include only normal recurring adjustments) necessary for a fair presentation. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted pursuant to such rules and regulations. Results for interim periods are not necessarily indicative of results to be expected for the full year. This Form 10-Q should be read in conjunction with the financial statements and notes thereto included in the Company’s 2014 Annual Report on Form 10-K.
Fair Value of Financial Instruments, Policy [Policy Text Block]	(c) Financial Instruments Financial instruments as of June 30, 2015, and December 31, 2014, consisted of cash and cash equivalents, investments, trade accounts receivable, long-term debt and redeemable noncontrolling interests. The carrying amounts approximated fair value for each of these financial instruments as of June 30, 2015, and December 31, 2014, except for the Company’s outstanding senior subordinated and secured notes. The 9.25 335.0 306.5 294.8 10 7.375 350.0 346.5 350.0 350.0 356.1 11.9 Long-Term
Revenue Recognition, Policy [Policy Text Block]	(d) Revenue Recognition Within our radio broadcasting and Reach Media segments, the Company recognizes revenue for broadcast advertising when a commercial is broadcast and is reported, net of agency and outside sales representative commissions, in accordance with Accounting Standards Codification (“ASC”) 605, “ Revenue Recognition 7.1 8.0 13.6 15.3 Interactive One generates the majority of the Company’s internet revenue, and derives such revenue principally from advertising services, including advertising aimed at diversity recruiting, on non-radio station branded but Company owned websites. Advertising services include the sale of banner and sponsorship advertisements. Advertising revenue is recognized either as impressions (the number of times advertisements appear in viewed pages) are delivered, when “click through” purchases are made or leads are generated, or ratably over the contract period, where applicable. In addition, Interactive One derives revenue from its studio operations, in which it provides third-party clients with publishing services including digital platforms and related expertise. In the case of the studio operations, revenue is recognized primarily based on fixed contractual monthly fees or as a share of the third party’s reported revenue. TV One derives advertising revenue from the sale of television air time to advertisers and recognizes revenue when the advertisements are run. TV One also derives revenue from affiliate fees under the terms of various affiliation agreements based on a per subscriber fee multiplied by the most recent subscriber counts reported by the applicable affiliate. For our cable television segment, agency and outside sales representative commissions were $ 3.6 3.2 7.2 6.6
Launch Support [Policy Text Block]	Launch Support TV One has entered into certain affiliate agreements requiring various payments by TV One for launch support. Launch support assets are used to initiate carriage under new affiliation agreements and are amortized over the term of the respective contracts. Launch support amortization is recorded as a reduction to revenue to the extent that revenue is recognized from the affiliate, and any excess amortization is recorded as launch support amortization expense. The initial weighted-average amortization period for launch support assets is approximately 10.9 0.8 0.9 577,000 1.5 2.5 5.0
Advertising Barter Transactions, Policy [Policy Text Block]	(f) Barter Transactions In certain instances, the Company provides advertising time in exchange for programming content and certain services. The Company accounts for these exchanges in accordance with ASC 605, “ Revenue Recognition 577,000 868,000 1.1 1.7 520,000 827,000 57,000 41,000 1.1 1.6 95,000 81,000
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share Basic earnings per share is computed on the basis of the weighted average number of shares of common stock (Classes A, B, C and D) outstanding during the period. Diluted earnings per share is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. The Company’s potentially dilutive securities include stock options and unvested restricted stock. Diluted earnings per share considers the impact of potentially dilutive securities except in periods in which there is a net loss, as the inclusion of the potentially dilutive common shares would have an anti-dilutive effect. The following table sets forth the calculation of basic and diluted earnings per share from continuing operations (in thousands, except share and per share data): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 (Unaudited) (In Thousands) Numerator: Net loss attributable to common stockholders $ (13,039) $ (10,816) $ (31,528) $ (35,999) Denominator: Denominator for basic net loss per share - weighted average outstanding shares 48,062,991 47,465,653 47,840,082 47,453,414 Effect of dilutive securities: Stock options and restricted stock — — — — Denominator for diluted net loss per share - weighted-average outstanding shares 48,062,991 47,465,653 47,840,082 47,453,414 Net loss attributable to common stockholders per share – basic and diluted $ (0.27) $ (0.23) $ (0.66) $ (0.76) Three Months Ended Six Months Ended Three Months Ended Six Months Ended June 30, 2015 June 30, 2015 June 30, 2014 June 30, 2014 (Unaudited) (In Thousands) Stock options 3,367 3,367 4,183 4,183 Restricted stock awards 1,861 2,228 177 181
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements We report our financial and non-financial assets and liabilities measured at fair value on a recurring and non-recurring basis under the provisions of ASC 820, “Fair Value Measurements and Disclosures.” The fair value framework requires the categorization of assets and liabilities into three levels based upon the assumptions (inputs) used to price the assets or liabilities. Level 1 provides the most reliable measure of fair value, whereas Level 3 generally requires significant management judgment. The three levels are defined as follows: Level 1 : Inputs are unadjusted quoted prices in active markets for identical assets and liabilities that can be accessed at measurement date. Level 2 : Observable inputs other than those included in Level 1 (i.e., quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets). Level 3 : Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. As of June 30, 2015, and December 31, 2014, respectively, the fair values of our financial assets and liabilities are categorized as follows: Total Level 1 Level 2 Level 3 (Unaudited) (In thousands) As of June 30, 2015 Liabilities subject to fair value measurement: Incentive award plan (a) $ 1,044 $ — $ — $ 1,044 Employment agreement award (b) 19,455 — — 19,455 Total $ 20,499 $ — $ — $ 20,499 Mezzanine equity subject to fair value measurement: Redeemable noncontrolling interests (c) $ 11,223 $ — $ — $ 11,223 As of December 31, 2014 Assets subject to fair value measurement: Corporate debt securities (d) $ 805 $ 805 $ — $ — Government sponsored enterprise mortgage-backed securities (d) 102 — 102 — Mutual funds (d) 2,004 2,004 — — Total $ 2,911 $ 2,809 $ 102 $ — Liabilities subject to fair value measurement: Incentive award plan (a) $ 1,044 $ — $ — $ 1,044 Employment agreement award (b) 17,993 — — 17,993 Total $ 19,037 $ — $ — $ 19,037 Mezzanine equity subject to fair value measurement: Redeemable noncontrolling interests (c) $ 10,836 $ — $ — $ 10,836 (a) These balances are measured based on the estimated enterprise fair value of TV One as determined by a combination of a discounted cash flow analysis and the value used in connection with the Comcast Buyout (as defined in Note 2 – Acquisitions and Dispositions) (b) Pursuant to an employment agreement (the “Employment Agreement”) executed in April 2008, the Chief Executive Officer (“CEO”) is eligible to receive an award (the “Employment Agreement Award”) amount equal to 8 Acquisitions and Dispositions), (c) The redeemable noncontrolling interest in Reach Media is measured at fair value using a discounted cash flow methodology. A third-party valuation firm assisted the Company in estimating the fair value. Significant inputs to the discounted cash flow analysis include forecasted operating results, discount rate and a terminal value. (d) Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, fair values are estimated using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. Incentive Employment Redeemable Award Agreement Noncontrolling Plan Award Interests (In thousands) Balance at December 31, 2014 $ 1,044 $ 17,993 $ 10,836 Net income attributable to noncontrolling interests — — 778 Change in fair value — 1,462 (391) Balance at June 30, 2015 $ 1,044 $ 19,455 $ 11,223 The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date $ — $ (1,462) $ — Incentive Employment Redeemable Award Agreement Noncontrolling Plan Award Interests (In thousands) Balance at December 31, 2013 $ 2,114 $ 13,688 $ 11,999 Distribution (1,370) — — Net loss attributable to noncontrolling interests — — (54) Change in fair value 188 1,503 (897) Balance at June 30, 2014 $ 932 $ 15,191 $ 11,048 The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date $ (188) $ (1,503) $ — Losses included in earnings were recorded in the consolidated statements of operations as corporate selling, general and administrative expenses for the three and six months ended June 30, 2015 and 2014 . As of As of June 30, December 31, As of June 2015 2014 30, 2014 Significant Level 3 liabilities Valuation Technique Unobservable Inputs Significant Unobservable Input Value Incentive award plan Discounted Cash Flow Discount Rate 10.4 % 10.4 % 10.6 % Incentive award plan Discounted Cash Flow Long-term Growth Rate 3.0 % 3.0 % 3.0 % Employment agreement award Discounted Cash Flow Discount Rate 10.4 % 10.4 % 10.6 % Employment agreement award Discounted Cash Flow Long-term Growth Rate 3.0 % 3.0 % 3.0 % Redeemable noncontrolling interest Discounted Cash Flow Discount Rate 12.0 % 12.0 % 12.5 % Redeemable noncontrolling interest Discounted Cash Flow Long-term Growth Rate 1.5 % 1.5 % 1.5 % Any significant increases or decreases in discount rate or long-term growth rate inputs could result in significantly higher or lower fair value measurements. Certain assets and liabilities are measured at fair value on a non-recurring basis using Level 3 inputs as defined in ASC 820. These assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments only in certain circumstances. Included in this category are goodwill, radio broadcasting licenses and other intangible assets, net, that are written down to fair value when they are determined to be impaired, as well as content assets that are periodically written down to net realizable value. The Company concluded these assets were not impaired during the six months ended June 30, 2015, June 30, 2014, and, therefore, were reported at carrying value as opposed to fair value.
New Accounting Pronouncements, Policy [Policy Text Block]	In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, “ Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360)—Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity In May 2014, the FASB issued ASU 2014-09, “ Revenue from Contracts with Customers In April 2015, the FASB issued ASU 2015-03, “ Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs 8.3 6.9
Redeemable Noncontrolling Interest Policy [Policy Text Block]	(j) Redeemable noncontrolling interest Redeemable noncontrolling interests are interests in subsidiaries that are redeemable outside of the Company’s control either for cash or other assets. These interests are classified as mezzanine equity and measured at the greater of estimated redemption value at the end of each reporting period or the historical cost basis of the noncontrolling interests adjusted for cumulative earnings allocations. The resulting increases or decreases in the estimated redemption amount are affected by corresponding charges against retained earnings, or in the absence of retained earnings, additional paid-in-capital.
Content Assets [Policy Text Block]	(k) Content Assets TV One has entered into contracts to acquire entertainment programming rights and programs from distributors and producers. The Company also has programming for which the Company has engaged third parties to develop and produce, and it owns most or all rights to this programming. The license periods granted in these contracts generally run from one year to perpetuity. Contract payments are made in installments over terms that are generally shorter than the contract period. Each contract is recorded as an asset and a liability at an amount equal to its gross contractual commitment when the license period begins and the program is available for its first airing. Program rights are recorded at the lower of amortized cost or estimated net realizable value. Program rights are amortized based on the greater of the usage of the program or term of license. Estimated net realizable values are based on the estimated revenues directly associated with the program materials and related expenses. The Company did not record any additional amortization expense as a result of evaluating its contracts for recoverability for the three months ended June 30, 2015 and 2014. The Company did not record any additional amortization expense as a result of evaluating its contracts for recoverability for the six months ended June 30, 2015, and recorded $ 58,000 Tax incentives state and local governments offer that are directly measured based on production activities are recorded as reductions in production costs.
Derivatives, Policy [Policy Text Block]	Derivatives The Company recognizes all derivatives at fair value in the consolidated balance sheet as either an asset or liability. The accounting for changes in the fair value of a derivative, including certain derivative instruments embedded in other contracts, depends on the intended use of the derivative and the resulting designation. If the derivative is designated as a fair value hedge, the changes in the fair value of the derivative and the hedged item are recognized in the statement of operations. If the derivative is designated as a cash flow hedge, changes in the fair value of the derivative are recorded in other comprehensive income and are recognized in the statement of operations when the hedged item affects net income. If a derivative does not qualify as a hedge, it is marked to fair value through the statement of operations. The Company has accounted for an award called for in the CEO’s employment agreement (the “Employment Agreement Award”) as a derivative instrument in accordance with ASC 815, “Derivatives and Hedging.” 19.5 18.0 1.1 550,000 three months ended , respectively 1.5 The Company’s obligation to pay the award will be triggered only after the Company’s recovery of the aggregate amount of its capital contribution in TV One and only upon actual receipt of distributions of cash or marketable securities or proceeds from a liquidity event with respect to the Company’s membership interest in TV One. The CEO was fully vested in the award upon execution of the Employment Agreement, and the award lapses if the CEO voluntarily leaves the Company, or is terminated for cause. As noted in our current report on Form 8-K filed October 6, 2014, the Compensation Committee of the Board of Directors of the Company has approved terms for a new employment agreement with the CEO, including a renewal of the Employment Agreement Award upon similar terms as in the prior Employment Agreement. While a new employment agreement has not been executed as of the date of this report, the CEO is being compensated according to the new terms approved by the Compensation Committee.

ORGANIZATION AND SUMMARY OF S20

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table sets forth the calculation of basic and diluted earnings per share from continuing operations (in thousands, except share and per share data): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 (Unaudited) (In Thousands) Numerator: Net loss attributable to common stockholders $ (13,039) $ (10,816) $ (31,528) $ (35,999) Denominator: Denominator for basic net loss per share - weighted average outstanding shares 48,062,991 47,465,653 47,840,082 47,453,414 Effect of dilutive securities: Stock options and restricted stock — — — — Denominator for diluted net loss per share - weighted-average outstanding shares 48,062,991 47,465,653 47,840,082 47,453,414 Net loss attributable to common stockholders per share – basic and diluted $ (0.27) $ (0.23) $ (0.66) $ (0.76)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	All stock options and restricted stock awards were excluded from the diluted calculation for the three and six months ended June 30, 2015 and 2014, respectively, as their inclusion would have been anti-dilutive. The following table summarizes the potential common shares excluded from the diluted calculation. Three Months Ended Six Months Ended Three Months Ended Six Months Ended June 30, 2015 June 30, 2015 June 30, 2014 June 30, 2014 (Unaudited) (In Thousands) Stock options 3,367 3,367 4,183 4,183 Restricted stock awards 1,861 2,228 177 181
Fair Value, by Balance Sheet Grouping [Table Text Block]	As of June 30, 2015, and December 31, 2014, respectively, the fair values of our financial assets and liabilities are categorized as follows: Total Level 1 Level 2 Level 3 (Unaudited) (In thousands) As of June 30, 2015 Liabilities subject to fair value measurement: Incentive award plan (a) $ 1,044 $ — $ — $ 1,044 Employment agreement award (b) 19,455 — — 19,455 Total $ 20,499 $ — $ — $ 20,499 Mezzanine equity subject to fair value measurement: Redeemable noncontrolling interests (c) $ 11,223 $ — $ — $ 11,223 As of December 31, 2014 Assets subject to fair value measurement: Corporate debt securities (d) $ 805 $ 805 $ — $ — Government sponsored enterprise mortgage-backed securities (d) 102 — 102 — Mutual funds (d) 2,004 2,004 — — Total $ 2,911 $ 2,809 $ 102 $ — Liabilities subject to fair value measurement: Incentive award plan (a) $ 1,044 $ — $ — $ 1,044 Employment agreement award (b) 17,993 — — 17,993 Total $ 19,037 $ — $ — $ 19,037 Mezzanine equity subject to fair value measurement: Redeemable noncontrolling interests (c) $ 10,836 $ — $ — $ 10,836 (a) These balances are measured based on the estimated enterprise fair value of TV One as determined by a combination of a discounted cash flow analysis and the value used in connection with the Comcast Buyout (as defined in Note 2 – Acquisitions and Dispositions) (b) Pursuant to an employment agreement (the “Employment Agreement”) executed in April 2008, the Chief Executive Officer (“CEO”) is eligible to receive an award (the “Employment Agreement Award”) amount equal to 8 Acquisitions and Dispositions), (d) Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, fair values are estimated using pricing models, quoted prices of securities with similar characteristics or discounted cash flows.
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	Incentive Employment Redeemable Award Agreement Noncontrolling Plan Award Interests (In thousands) Balance at December 31, 2014 $ 1,044 $ 17,993 $ 10,836 Net income attributable to noncontrolling interests — — 778 Change in fair value — 1,462 (391) Balance at June 30, 2015 $ 1,044 $ 19,455 $ 11,223 The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date $ — $ (1,462) $ — Incentive Employment Redeemable Award Agreement Noncontrolling Plan Award Interests (In thousands) Balance at December 31, 2013 $ 2,114 $ 13,688 $ 11,999 Distribution (1,370) — — Net loss attributable to noncontrolling interests — — (54) Change in fair value 188 1,503 (897) Balance at June 30, 2014 $ 932 $ 15,191 $ 11,048 The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date $ (188) $ (1,503) $ —
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]	For Level 3 assets and liabilities measured at fair value on a recurring basis, the significant unobservable inputs used in the fair value measurements were as follows: As of As of June 30, December 31, As of June 2015 2014 30, 2014 Significant Level 3 liabilities Valuation Technique Unobservable Inputs Significant Unobservable Input Value Incentive award plan Discounted Cash Flow Discount Rate 10.4 % 10.4 % 10.6 % Incentive award plan Discounted Cash Flow Long-term Growth Rate 3.0 % 3.0 % 3.0 % Employment agreement award Discounted Cash Flow Discount Rate 10.4 % 10.4 % 10.6 % Employment agreement award Discounted Cash Flow Long-term Growth Rate 3.0 % 3.0 % 3.0 % Redeemable noncontrolling interest Discounted Cash Flow Discount Rate 12.0 % 12.0 % 12.5 % Redeemable noncontrolling interest Discounted Cash Flow Long-term Growth Rate 1.5 % 1.5 % 1.5 %

GOODWILL AND RADIO BROADCASTI21

GOODWILL AND RADIO BROADCASTING LICENSES (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Radio Broadcasting Licenses [Abstract]
Schedule Of Radio Broadcasting Licenses Impairment [Table Text Block]	Below are some of the key assumptions used in the income approach model for estimating broadcasting licenses fair values for the annual impairment assessment as of October 1, 2014, and interim impairment assessments for the quarters ended June 30, 2015 and 2014. Radio Broadcasting June 30, October 1, June 30, Licenses 2015 (a) 2014 2014 (a) Pre-tax impairment charge (in millions) $ — $ — $ — Discount Rate 9.5 % 9.5 % 9.5 % Year 1 Market Revenue Growth Rate Range 0.3% – 0.9 % 0.3% – 1.0 % 1.5% - 2.2 % Long-term Market Revenue Growth Rate Range (Years 6 – 10) 1.0% – 2.0 % 1.0% – 2.0 % 2.0 % Mature Market Share Range 6.9% – 25.2 % 6.9% – 25.2 % 6.4% – 26.9 % Operating Profit Margin Range 30.9% – 48.5 % 30.0% – 48.4 % 34.8% - 47.8 % (a) Reflects changes only to the key assumptions used in the interim testing for certain units of accounting.
Schedule Of Good Will Impairment Test Radio Marketing Unit [Table Text Block]	as of October 1, 2014, and interim impairment assessments for the quarters ended June 30, 2015 and 2014. Goodwill (Radio Market June 30, October 1, June 30, Reporting Units) 2015 (a) 2014 2014 (a) Pre-tax impairment charge (in millions) $ – $ – $ – Discount Rate 9.5 % 9.5 % 9.5 % Year 1 Market Revenue Growth Rate Range 0.7 % 0.3% – 1.0 % 1.3% - 1.5 % Long-term Market Revenue Growth Rate Range (Years 6 – 10) 2.0 % 1.0% - 2.0 % 1.5% - 2.0 % Mature Market Share Range 7.4 % 7.2% - 19.5 % 7.8% - 9.5 % Operating Profit Margin Range 37.0 % 26.4% - 52.2 % 27.9% - 34.8 % (a) Reflects changes only to the key assumptions used in the interim testing for certain units of accounting.
Schedule Of Changes In Carrying Amount Of Goodwill [Table Text Block]	The table below presents the Company’s goodwill carrying values for its four reportable segments. Goodwill Carrying Balances As of As of December Increase June Reporting Unit 31, 2014 (Decrease) 30, 2015 (In thousands) Radio Broadcasting Segment $ 73,535 $ — $ 73,535 Reach Media Segment 14,354 — 14,354 Internet Segment 22,422 582 23,004 Cable Television Segment 165,044 — 165,044 Total $ 275,355 $ 582 $ 275,937

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule Of Long Term Debt [Table Text Block]	Long-term debt consists of the following: June 30, 2015 December 31, 2014 (Unaudited) (In thousands) Senior bank term debt $ — $ 368,532 2015 Credit Facility 350,000 — 9.25% Senior Subordinated Notes due February 2020 335,000 335,000 7.375% Senior Secured Notes due April 2022 350,000 — Comcast Note due April 2019 11,872 — 10% Senior Secured TV One Notes due March 2016 — 119,000 Total debt 1,046,872 822,532 Less: current portion of long-term debt 2,625 3,829 Less: original issue discount 23,299 9,088 Long-term debt, net $ 1,020,948 $ 809,615
Schedule of Ratios Calculated in Accordance with Credit Agreement [Table Text Block]	As of June 30, 2015, ratios calculated in accordance with the 2015 Credit Facility were as follows: As of June Covenant Excess 30, 2015 Limit Coverage Pro Forma Last Twelve Months Covenant EBITDA (In millions) $ 137.5 Pro Forma Last Twelve Months Interest Expense (In millions) $ 74.7 Senior Debt (In millions) $ 641.0 Interest Coverage Covenant EBITDA / Interest Expense 1.84 x 1.25 x 0.59 x Senior Leverage Senior Secured Debt / Covenant EBITDA 4.66 x 5.85 x 1.19 x EBITDA - Earnings before interest, taxes, depreciation and amortization Covenant EBITDA – EBITDA adjusted for certain other adjustments, as defined in the 2015 Credit Facility
Schedule of Maturities of Long-term Debt [Table Text Block]	Future scheduled minimum principal payments of debt as of June 30 , 2015, are as follows: 9.25% Senior 7.375% Senior Subordinated Secured Comcast Note 2015 Notes due Notes Total (In thousands) July – December 2015 $ — $ 2,625 $ — $ — $ 2,625 2016 — 3,500 — — 3,500 2017 — 3,500 — — 3,500 2018 — 340,375 — — 340,375 2019 11,872 — — — 11,872 2020 — — 335,000 — 335,000 2021 and thereafter — — — 350,000 350,000 Total Debt $ 11,872 $ 350,000 $ 335,000 $ 350,000 $ 1,046,872

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Transactions and other information relating to stock options for the three months ended June 30, 2015, Weighted-Average Remaining Aggregate Number of Weighted-Average Contractual Term Intrinsic Options Exercise Price (In Years) Value Outstanding at December 31, 2014 3,737,000 $ 3.12 5.18 $ 629,440 Grants — $ — Exercised — $ — Forfeited/cancelled/expired 370,000 $ 12.65 Balance as of June 30, 2015 3,367,000 $ 2.07 5.22 $ 4,264,271 Vested and expected to vest at June 30, 2015 3,269,000 $ 2.05 5.09 $ 4,223,278 Unvested at June 30, 2015 812,000 $ 2.75 9.27 $ 340,898 Exercisable at June 30, 2015 2,555,000 $ 1.86 3.93 $ 3,923,373
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Transactions and other information relating to restricted stock grants for the six months ended June 30, 2015, are summarized below: Average Fair Value at Grant Shares Date Unvested at December 31, 2014 2,535,000 $ 2.78 Grants 69,000 $ 3.64 Vested (958,000) $ 2.77 Forfeited/cancelled/expired (50,000) $ 2.75 Unvested at June 30, 2015 1,596,000 $ 2.82

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Detailed segment data for the three and six month periods ended June 30, 2015 and 2014, is presented in the following tables: Three Months Ended June 30, 2015 2014 (Unaudited) (In thousands) Net Revenue: Radio Broadcasting $ 53,243 $ 55,773 Reach Media 18,315 10,099 Internet 4,516 5,909 Cable Television 45,594 37,984 Corporate/Eliminations/Other (1,847) (1,351) Consolidated $ 119,821 $ 108,414 Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): Radio Broadcasting $ 32,993 $ 32,781 Reach Media 16,278 10,343 Internet 5,205 5,756 Cable Television 25,572 23,409 Corporate/Eliminations/Other 6,006 4,539 Consolidated $ 86,054 $ 76,828 Depreciation and Amortization: Radio Broadcasting $ 1,169 $ 1,283 Reach Media 268 286 Internet 473 606 Cable Television 6,542 6,532 Corporate/Eliminations/Other 528 529 Consolidated $ 8,980 $ 9,236 Operating income (loss): Radio Broadcasting $ 19,081 $ 21,709 Reach Media 1,769 (530) Internet (1,162) (453) Cable Television 13,480 8,043 Corporate/Eliminations/Other (8,381) (6,419) Consolidated $ 24,787 $ 22,350 June 30, 2015 December 31, 2014 (Unaudited) (In thousands) Total Assets: Radio Broadcasting $ 813,528 $ 807,760 Reach Media 38,348 36,376 Internet 32,071 33,375 Cable Television 477,729 464,661 Corporate/Eliminations/Other 22,421 49,522 Consolidated $ 1,384,097 $ 1,391,694 Six Months Ended June 30, 2015 2014 (Unaudited) (In thousands) Net Revenue: Radio Broadcasting $ 98,212 $ 105,408 Reach Media 29,022 26,815 Internet 10,260 12,353 Cable Television 91,327 77,678 Corporate/Eliminations/Other (3,237) (2,768) Consolidated $ 225,584 $ 219,486 Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets): Radio Broadcasting $ 63,922 $ 64,715 Reach Media 24,980 26,921 Internet 10,915 12,046 Cable Television 55,361 49,800 Corporate/Eliminations/Other 11,958 9,317 Consolidated $ 167,136 $ 162,799 Depreciation and Amortization: Radio Broadcasting $ 2,325 $ 2,591 Reach Media 532 577 Internet 1,112 1,232 Cable Television 13,046 13,074 Corporate/Eliminations/Other 1,053 1,032 Consolidated $ 18,068 $ 18,506 Operating income (loss): Radio Broadcasting $ 31,965 $ 38,102 Reach Media 3,510 (683) Internet (1,767) (925) Cable Television 22,920 14,804 Corporate/Eliminations/Other (16,248) (13,117) Consolidated $ 40,380 $ 38,181

ORGANIZATION AND SUMMARY OF S25

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Numerator:
Net loss attributable to common stockholders	$ (13,039)	$ (10,816)	$ (31,528)	$ (35,999)
Denominator:
Denominator for basic net loss per share - weighted average outstanding shares (in shares)	48,062,991	47,465,653	47,840,082	47,453,414
Effect of dilutive securities:
Stock options and restricted stock (in shares)	0	0	0	0
Denominator for diluted net loss per share - weighted-average outstanding shares (in shares)	48,062,991	47,465,653	47,840,082	47,453,414
Net loss attributable to common stockholders per share - basic and diluted (in dollars per share)	$ (0.27)	$ (0.23)	$ (0.66)	$ (0.76)

ORGANIZATION AND SUMMARY OF S26

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	3,367	4,183	3,367	4,183
Restricted stock awards [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,861	177	2,228	181

ORGANIZATION AND SUMMARY OF S27

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Assets subject to fair value measurement:
Fair Value		$ 20,499	$ 2,911
Liabilities subject to fair value measurement:
Total			19,037
Mezzanine equity subject to fair value measurement:
Redeemable noncontrolling interest	[1]	11,223	10,836
Fair Value, Inputs, Level 1 [Member]
Assets subject to fair value measurement:
Fair Value		0	2,809
Liabilities subject to fair value measurement:
Total			0
Mezzanine equity subject to fair value measurement:
Redeemable noncontrolling interest	[1]	0	0
Fair Value, Inputs, Level 2 [Member]
Assets subject to fair value measurement:
Fair Value		0	102
Liabilities subject to fair value measurement:
Total			0
Mezzanine equity subject to fair value measurement:
Redeemable noncontrolling interest	[1]	0	0
Fair Value, Inputs, Level 3 [Member]
Assets subject to fair value measurement:
Fair Value		20,499	0
Liabilities subject to fair value measurement:
Total			19,037
Mezzanine equity subject to fair value measurement:
Redeemable noncontrolling interest	[1]	11,223	10,836
Incentive Award Plan [Member]
Liabilities subject to fair value measurement:
Incentive award plan	[2]	1,044	1,044
Incentive Award Plan [Member] | Fair Value, Inputs, Level 1 [Member]
Liabilities subject to fair value measurement:
Incentive award plan	[2]	0	0
Incentive Award Plan [Member] | Fair Value, Inputs, Level 2 [Member]
Liabilities subject to fair value measurement:
Incentive award plan	[2]	0	0
Incentive Award Plan [Member] | Fair Value, Inputs, Level 3 [Member]
Liabilities subject to fair value measurement:
Incentive award plan	[2]	1,044	1,044
Employment Agreement Award [Member]
Liabilities subject to fair value measurement:
Employment agreement award	[3]	19,455	17,993
Employment Agreement Award [Member] | Fair Value, Inputs, Level 1 [Member]
Liabilities subject to fair value measurement:
Employment agreement award	[3]	0	0
Employment Agreement Award [Member] | Fair Value, Inputs, Level 2 [Member]
Liabilities subject to fair value measurement:
Employment agreement award	[3]	0	0
Employment Agreement Award [Member] | Fair Value, Inputs, Level 3 [Member]
Liabilities subject to fair value measurement:
Employment agreement award	[3]	$ 19,455	17,993
Corporate Debt Securities [Member]
Assets subject to fair value measurement:
Fair Value	[4]		805
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Assets subject to fair value measurement:
Fair Value	[4]		805
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Assets subject to fair value measurement:
Fair Value	[4]		0
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Assets subject to fair value measurement:
Fair Value	[4]		0
Government sponsored enterprise mortgage-backed securities [Member]
Assets subject to fair value measurement:
Fair Value	[4]		102
Government sponsored enterprise mortgage-backed securities [Member] | Fair Value, Inputs, Level 1 [Member]
Assets subject to fair value measurement:
Fair Value	[4]		0
Government sponsored enterprise mortgage-backed securities [Member] | Fair Value, Inputs, Level 2 [Member]
Assets subject to fair value measurement:
Fair Value	[4]		102
Government sponsored enterprise mortgage-backed securities [Member] | Fair Value, Inputs, Level 3 [Member]
Assets subject to fair value measurement:
Fair Value	[4]		0
Mutual Funds [Member]
Assets subject to fair value measurement:
Fair Value	[4]		2,004
Mutual Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Assets subject to fair value measurement:
Fair Value	[4]		2,004
Mutual Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Assets subject to fair value measurement:
Fair Value	[4]		0
Mutual Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Assets subject to fair value measurement:
Fair Value	[4]		$ 0
[1]	The redeemable noncontrolling interest in Reach Media is measured at fair value using a discounted cash flow methodology. A third-party valuation firm assisted the Company in estimating the fair value. Significant inputs to the discounted cash flow analysis include forecasted operating results, discount rate and a terminal value.
[2]	These balances are measured based on the estimated enterprise fair value of TV One as determined by a combination of a discounted cash flow analysis and the value used in connection with the Comcast Buyout (as defined in Note 2 – Acquisitions and Dispositions). Significant inputs to the discounted cash flow analysis include forecasted operating results, discount rate and a terminal value. A third-party valuation firm assisted the Company in estimating TV One’s fair value using the discounted cash flow analysis.
[3]	Pursuant to an employment agreement (the “Employment Agreement”) executed in April 2008, the Chief Executive Officer (“CEO”) is eligible to receive an award amount equal to 8% of any proceeds from distributions or other liquidity events in excess of the return of the Company’s aggregate investment in TV One. The Company reviews the factors underlying this award at the end of each quarter including the valuation of TV One (based on the estimated enterprise fair value of TV One as determined by a combination of a discounted cash flow analysis and the value used in connection with the Comcast Buyout, as defined in Note 2 – Acquisitions and Dispositions), and an assessment of the probability that the employment agreement will be renewed and contain this provision. There are probability factors included in the calculation of the award related to the likelihood that the award will be realized. The Company’s obligation to pay the award will be triggered only after the Company’s recovery of the aggregate amount of its capital contribution in TV One and only upon actual receipt of distributions of cash or marketable securities or proceeds from a liquidity event with respect to the Company’s membership interest in TV One. The CEO was fully vested in the award upon execution of the Employment Agreement, and the award lapses if the CEO voluntarily leaves the Company or is terminated for cause. A third-party valuation firm assisted the Company in estimating TV One’s fair value using the discounted cash flow analysis. Significant inputs to the discounted cash flow analysis include forecasted operating results, discount rate and a terminal value. As noted in our current report on Form 8-K filed October 6, 2014, the Compensation Committee of the Board of Directors of the Company has approved terms for a new employment agreement with the CEO, including a renewal of the TV One Award upon similar terms as in the prior Employment Agreement. While a new employment agreement has not been executed as of the date of this report, the CEO is being compensated according to the new terms approved by the Compensation Committee.
[4]	Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, fair values are estimated using pricing models, quoted prices of securities with similar characteristics or discounted cash flows.

ORGANIZATION AND SUMMARY OF S28

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Incentive Award Plan [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance, beginning of period	$ 1,044	$ 2,114
Distribution		(1,370)
Net income attributable to noncontrolling interests	0	0
Change in fair value	0	188
Balance, end of period	1,044	932
The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date	0	(188)
Employment Agreement Award [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance, beginning of period	17,993	13,688
Distribution		0
Net income attributable to noncontrolling interests	0	0
Change in fair value	1,462	1,503
Balance, end of period	19,455	15,191
The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date	(1,462)	(1,503)
Redeemable Noncontrolling Interests [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance, beginning of period	10,836	11,999
Distribution		0
Net income attributable to noncontrolling interests	778	(54)
Change in fair value	(391)	(897)
Balance, end of period	11,223	11,048
The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date	$ 0	$ 0

ORGANIZATION AND SUMMARY OF S29

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4)	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Incentive Award Plan [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	10.40%	10.60%	10.40%
Fair Value Inputs, Long-term Revenue Growth Rate	3.00%	3.00%	3.00%
Fair Value Measurements, Valuation Techniques	Discounted Cash Flow
Employment Agreement Award [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	10.40%	10.60%	10.40%
Fair Value Inputs, Long-term Revenue Growth Rate	3.00%	3.00%	3.00%
Fair Value Measurements, Valuation Techniques	Discounted Cash Flow
Redeemable Noncontrolling Interest [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	12.00%	12.50%	12.00%
Fair Value Inputs, Long-term Revenue Growth Rate	1.50%	1.50%	1.50%
Fair Value Measurements, Valuation Techniques	Discounted Cash Flow

ORGANIZATION AND SUMMARY OF S30

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Apr. 17, 2015	Apr. 10, 2015	Feb. 25, 2011
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Cost of Goods and Services Sold, Total	$ 31,425,000	$ 33,920,000	$ 65,882,000	$ 69,192,000
Selling, General and Administrative Expense, Total	41,531,000	33,450,000	76,068,000	74,068,000
Debt Instrument, Interest Rate, Stated Percentage						7.375%
Accounting Standards Update 2015-03 [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Debt Issuance Cost	8,300,000				$ 6,900,000
Comcast Note [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Long-term Debt, Gross	11,900,000		11,900,000
MGM National Harbor [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Investment Owned, at Cost							$ 5,000,000
Employment Agreement Award [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Selling, General and Administrative Expense, Total	1,100,000	550,000	1,500,000	1,500,000
Barter Transactions [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Advertising Barter Transactions, Advertising Barter Revenue	577,000	868,000	1,100,000	1,700,000
Cost of Goods and Services Sold, Total	520,000	827,000	1,100,000	1,600,000
Selling, General and Administrative Expense, Total	57,000	41,000	95,000	81,000
Radio broadcasting and Reach Media segments [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Sales Commissions and Fees	7,100,000	8,000,000	13,600,000	15,300,000
Maximum [Member] | MGM National Harbor [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Investment Owned, Face Amount	40,000,000		40,000,000
Minimum [Member] | MGM National Harbor [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Investment Owned, Face Amount	5,000,000		$ 5,000,000
Launch Support Assets [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Finite Lived Intangible Assets Weighted Average Amortization Period			10 years 10 months 24 days		10 years 10 months 24 days
Finite Lived Intangible Assets Remaining Weighted Average Amortization Period			9 months 18 days		10 months 24 days
Amortization of Intangible Assets	$ 577,000	2,500,000	$ 1,500,000	5,000,000
Content Assets [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Amortization of Intangible Assets				58,000
Chief Executive Officer [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Percentage Of Award Amount	8.00%		8.00%
Reassessed Estimated Fair Value of Award	$ 19,500,000		$ 19,500,000		$ 18,000,000
Senior Subordinated Notes due February 2020 [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Long-term Debt, Gross	335,000,000	4,500,000	335,000,000	4,500,000
Debt Instrument, Fair Value Disclosure	$ 306,500,000		$ 306,500,000		$ 294,800,000
Debt Instrument, Interest Rate, Stated Percentage	9.25%		9.25%
Senior Secured TV One Notes due March 2016 [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	10.00%		10.00%					10.00%
Senior Subordinated Notes due March 2022 [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Long-term Debt, Gross	$ 350,000,000		$ 350,000,000
Debt Instrument, Fair Value Disclosure	$ 346,500,000		$ 346,500,000
Debt Instrument, Interest Rate, Stated Percentage	7.375%		7.375%
Senior Secured Credit Facility [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Long-term Debt, Gross	$ 350,000,000		$ 350,000,000
Debt Instrument, Fair Value Disclosure	356,100,000		356,100,000
Debt Instrument, Face Amount	350,000,000		350,000,000
Tv One Llc [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Sales Commissions and Fees	$ 3,600,000	$ 3,200,000	$ 7,200,000	$ 6,600,000
Noncontrolling Interest, Ownership Percentage by Parent	99.60%		99.60%
Reach Media Inc [Member]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	80.00%		80.00%

ACQUISITIONS AND DISPOSITIONS (

ACQUISITIONS AND DISPOSITIONS (Details Textual) - Long-term Debt, Type [Domain] - USD ($)	1 Months Ended			3 Months Ended	6 Months Ended
	Apr. 17, 2015	Dec. 17, 2014	Feb. 27, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired, Total					$ 0	$ 7,140,000
Proceeds from Sale of Property Held-for-sale					$ 0	$ 225,000
TV One [Member]
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	99.60%
Payments to Acquire Businesses, Gross	$ 221,700,000
Working Capital Adjustment	1,300,000
Long-term Debt, Gross	11,900,000
Tv One Llc [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired, Total	$ 211,100,000
Noncontrolling Interest, Ownership Percentage by Parent					99.60%
Gaffney [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired, Total			$ 7,700,000
Gaffney [Member] | AM Station [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Asset Held for Sale			225,000
Proceeds from Sale of Property Held-for-sale				$ 225,000
Gaffney [Member] | FM Station [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment, Total			426,000
Business Acquisition Purchase Price Allocation Indefinite Lived Intangible Assets, Radio Broadcasting Licenses			7,000,000
Business Acquisition Purchase Price Allocation Indefinite Lived Intangible Assets Including Goodwill			2,700,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent			2,700,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles			$ 44,000
GG Digital, Inc [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired, Total		$ 2,000,000
GG Digital, Inc [Member] | Trade Names [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		314,000
GG Digital, Inc [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		10,000
GG Digital, Inc [Member] | Goodwill [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		1,200,000
GG Digital, Inc [Member] | Media Content [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		440,000
GG Digital, Inc [Member] | Computer Software, Intangible Asset [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 38,000

GOODWILL AND RADIO BROADCASTI32

GOODWILL AND RADIO BROADCASTING LICENSES (Details) - Income Approach Valuation Technique [Member] - USD ($) $ in Millions		Jun. 30, 2015	[1]	Oct. 01, 2014	Jun. 30, 2014
Schedule Of Goodwill, Radio Broadcasting Licenses And Other Intangible Assets [Line Items]
Pre-tax impairment charge (in millions)		$ 0		$ 0	$ 0	[1]
Discount Rate		9.50%		9.50%	9.50%	[1]
Long-term Market Revenue Growth Rate Range (Years 6 - 10)	[1]				2.00%
Minimum [Member]
Schedule Of Goodwill, Radio Broadcasting Licenses And Other Intangible Assets [Line Items]
Year 1 Market Revenue Growth Rate Range		0.30%		0.30%	1.50%	[1]
Long-term Market Revenue Growth Rate Range (Years 6 - 10)		1.00%		1.00%
Mature Market Share Range		6.90%		6.90%	6.40%	[1]
Operating Profit Margin Range		30.90%		30.00%	34.80%	[1]
Maximum [Member]
Schedule Of Goodwill, Radio Broadcasting Licenses And Other Intangible Assets [Line Items]
Year 1 Market Revenue Growth Rate Range		0.90%		1.00%	2.20%	[1]
Long-term Market Revenue Growth Rate Range (Years 6 - 10)		2.00%		2.00%
Mature Market Share Range		25.20%		25.20%	26.90%	[1]
Operating Profit Margin Range		48.50%		48.40%	47.80%	[1]
[1]	Reflects changes only to the key assumptions used in the interim testing for certain units of accounting.

GOODWILL AND RADIO BROADCASTI33

GOODWILL AND RADIO BROADCASTING LICENSES (Details 1) - Radio Marketing Units [Member] - USD ($) $ in Millions		Jun. 30, 2015		Oct. 01, 2014	Jun. 30, 2014	[1]
Schedule Of Goodwill, Radio Broadcasting Licenses And Other Intangible Assets [Line Items]
Pre-tax impairment charge (in millions)		$ 0	[1]	$ 0	$ 0
Discount Rate		9.50%	[1]	9.50%	9.50%
Year 1 Market Revenue Growth Rate Range	[1]	0.70%
Long-term Market Revenue Growth Rate Range (Years 6 - 10)	[1]	2.00%
Mature Market Share Range	[1]	7.40%
Operating Profit Margin Range	[1]	37.00%
Minimum [Member]
Schedule Of Goodwill, Radio Broadcasting Licenses And Other Intangible Assets [Line Items]
Year 1 Market Revenue Growth Rate Range				0.30%	1.30%
Long-term Market Revenue Growth Rate Range (Years 6 - 10)				1.00%	1.50%
Mature Market Share Range				7.20%	7.80%
Operating Profit Margin Range				26.40%	27.90%
Maximum [Member]
Schedule Of Goodwill, Radio Broadcasting Licenses And Other Intangible Assets [Line Items]
Year 1 Market Revenue Growth Rate Range				1.00%	1.50%
Long-term Market Revenue Growth Rate Range (Years 6 - 10)				2.00%	2.00%
Mature Market Share Range				19.50%	9.50%
Operating Profit Margin Range				52.20%	34.80%
[1]	Reflects changes only to the key assumptions used in the interim testing for certain units of accounting.

GOODWILL AND RADIO BROADCASTI34

GOODWILL AND RADIO BROADCASTING LICENSES (Details 2) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Schedule of GOODWILL, RADIO BROADCASTING LICENSES AND OTHER INTANGIBLE ASSETS [Line Items]
Goodwill Carrying Balance, as of December 31, 2014	$ 275,355
Goodwill, Period Increase (Decrease)	582
Goodwill Carrying Balances, as of June 30, 2015	275,937
Radio Broadcasting Segment [Member]
Schedule of GOODWILL, RADIO BROADCASTING LICENSES AND OTHER INTANGIBLE ASSETS [Line Items]
Goodwill Carrying Balance, as of December 31, 2014	73,535
Goodwill, Period Increase (Decrease)	0
Goodwill Carrying Balances, as of June 30, 2015	73,535
Reach Media Segment [Member]
Schedule of GOODWILL, RADIO BROADCASTING LICENSES AND OTHER INTANGIBLE ASSETS [Line Items]
Goodwill Carrying Balance, as of December 31, 2014	14,354
Goodwill, Period Increase (Decrease)	0
Goodwill Carrying Balances, as of June 30, 2015	14,354
Internet Segment [Member]
Schedule of GOODWILL, RADIO BROADCASTING LICENSES AND OTHER INTANGIBLE ASSETS [Line Items]
Goodwill Carrying Balance, as of December 31, 2014	22,422
Goodwill, Period Increase (Decrease)	582
Goodwill Carrying Balances, as of June 30, 2015	23,004
Cable Television Segment [Member]
Schedule of GOODWILL, RADIO BROADCASTING LICENSES AND OTHER INTANGIBLE ASSETS [Line Items]
Goodwill Carrying Balance, as of December 31, 2014	165,044
Goodwill, Period Increase (Decrease)	0
Goodwill Carrying Balances, as of June 30, 2015	$ 165,044

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Total debt	$ 1,046,872	$ 822,532
Less: current portion of long-term debt	2,625	3,829
Less: original issue discount	23,299	9,088
Long-term debt, net	1,020,948	809,615
2015 Credit Facility [Member]
Debt Instrument [Line Items]
Total debt	350,000	0
Senior bank term debt [Member]
Debt Instrument [Line Items]
Total debt	0	368,532
9.25% Senior Subordinated Notes due February 2020 [Member]
Debt Instrument [Line Items]
Total debt	335,000	335,000
10% Senior Secured TV One Notes due March 2016 [Member]
Debt Instrument [Line Items]
Total debt	0	119,000
7.375% Senior Secured Notes due April 2022 [Member]
Debt Instrument [Line Items]
Total debt	350,000	0
Comcast Note due April 2019 [Member]
Debt Instrument [Line Items]
Total debt	$ 11,872	$ 0

LONG-TERM DEBT (Details 1)

LONG-TERM DEBT (Details 1) - Jun. 30, 2015 $ in Millions	USD ($)
Debt Instrument [Line Items]
Pro Forma Last Twelve Months Covenant EBITDA	$ 137.5
Pro Forma Last Twelve Months Interest Expense	74.7
Senior Debt	$ 641
2015 Credit Facility [Member]
Debt Instrument [Line Items]
Interest Coverage	1.84
Senior Secured Leverage	4.66
Covenant Limit [Member] | 2015 Credit Facility [Member]
Debt Instrument [Line Items]
Interest Coverage	1.25
Senior Secured Leverage	5.85
Excess Coverage [Member] | 2015 Credit Facility [Member]
Debt Instrument [Line Items]
Interest Coverage	0.59
Senior Secured Leverage	1.19

LONG-TERM DEBT (Details 2)

LONG-TERM DEBT (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
July - December 2015	$ 2,625
2,016	3,500
2,017	3,500
2,018	340,375
2,019	11,872
2,020	335,000
2021 and thereafter	350,000
Total Debt	1,046,872	$ 822,532
Comcast Note due April 2019 [Member]
Debt Instrument [Line Items]
July - December 2015	0
2,016	0
2,017	0
2,018	0
2,019	11,872
2,020	0
2021 and thereafter	0
Total Debt	11,872	0
2015 Credit Facility [Member]
Debt Instrument [Line Items]
July - December 2015	2,625
2,016	3,500
2,017	3,500
2,018	340,375
2,019	0
2,020	0
2021 and thereafter	0
Total Debt	350,000
9.25% Senior Subordinated Notes due February 2020 [Member]
Debt Instrument [Line Items]
July - December 2015	0
2,016	0
2,017	0
2,018	0
2,019	0
2,020	335,000
2021 and thereafter	0
Total Debt	335,000	335,000
7.375% Senior Secured Notes due April 2022 [Member]
Debt Instrument [Line Items]
July - December 2015	0
2,016	0
2,017	0
2,018	0
2,019	0
2,020	0
2021 and thereafter	350,000
Total Debt	$ 350,000	$ 0

LONG-TERM DEBT (Details Textual

LONG-TERM DEBT (Details Textual) - USD ($)

Feb. 10, 2014

Apr. 17, 2015

Apr. 30, 2014

Mar. 31, 2011

Feb. 25, 2011

Nov. 24, 2010

Jun. 30, 2015

Mar. 31, 2015

Jun. 30, 2014

Mar. 31, 2014

Jun. 30, 2015

Jun. 30, 2014

Dec. 31, 2014

Nov. 30, 2010

Debt Instrument [Line Items]

Debt Instrument, Interest Rate, Stated Percentage

7.375%

Gains (Losses) on Extinguishment of Debt, Total

$ (7,091,000)

$ 0

$ (7,091,000)

$ (5,679,000)

Debt Instrument, Interest Rate Terms

At the Companys election, the interest rate on borrowings under the 2015 Credit Facility is based on either (i) the then applicable base rate plus 3.5% (as defined in the 2015 Credit Facility) as, for any day, a rate per annum (rounded upward, if necessary, to the next 1/100th of 1%) equal to the greater of (a) the prime rate published in the Wall Street Journal, (b) 1/2 of 1% in excess rate of the overnight Federal Funds Rate at any given time and (c) the one-month LIBOR rate commencing on such day plus 1.00%), or (ii) the then applicable LIBOR rate plus 4.5% (as defined in the 2015 Credit Facility).

Loss on retirement of debt

7,100,000

Original Issue Discount [Member]

Debt Instrument [Line Items]

Gains (Losses) on Extinguishment of Debt, Total

$ 844,000

Call Premium To Refinance [Member]

Debt Instrument [Line Items]

Gains (Losses) on Extinguishment of Debt, Total

827,000

Consent to Existing Holders [Member]

Debt Instrument [Line Items]

Gains (Losses) on Extinguishment of Debt, Total

106,000

Costs Associated with Financing Transactions [Member]

Debt Instrument [Line Items]

Gains (Losses) on Extinguishment of Debt, Total

4,000,000

Comcast Note [Member]

Debt Instrument [Line Items]

Long-term Debt, Gross

11,900,000

$ 11,900,000

Debt Instrument, Maturity Date

Apr. 17, 2019

Private Offering [Member]

Debt Instrument [Line Items]

Long-term Debt, Gross

$ 350,000,000

Debt Instrument, Description

original issue price of 100.0% plus accrued interest

Debt Instrument, Maturity Date

Apr. 15, 2022

Second Amendment [Member]

Debt Instrument [Line Items]

Letters of Credit Outstanding, Amount

$ 1,000,000

$ 1,000,000

Call Premium Of Credit Agreement Description

The Second Amendment provided a call premium of 101.5% if the 2011 Credit Agreement were refinanced with proceeds from a notes offering and 100.5% if the 2011 Credit Agreement was refinanced with proceeds from any other repayment, including proceeds from a new term loan.

Credit Agreement 2011 [Member]

Debt Instrument [Line Items]

Debt Instrument, Description of Variable Rate Basis

Under the terms of the 2011 Credit Agreement, as amended, interest on base rate loans was payable quarterly and interest on LIBOR loans was payable monthly or quarterly. The base rate was equal to the greater of: (i) the prime rate; (ii) the Federal Funds Effective Rate plus 0.50%; or (iii) the LIBOR Rate for a one-month period plus 1.00%. The applicable margin on the 2011 Credit Agreement was between (i) 4.50% and 5.50% on the revolving portion of the facility and (ii) 5.00% (with a base rate floor of 2.5% per annum) and 6.00% (with a LIBOR floor of 1.5% per annum) on the term portion of the facility.

Credit Agreement 2011 [Member] | Term Loan [Member]

Debt Instrument [Line Items]

Debt Instrument, Face Amount

$ 386,000,000

Debt Instrument, Maturity Date

Mar. 31, 2016

Credit Agreement 2011 [Member] | Second Amendment [Member]

Debt Instrument [Line Items]

Debt Instrument, Interest Rate During Period

7.50%

Debt Instrument, Periodic Payment, Principal

$ 957,000

Debt Instrument Periodic Payment Percentage Of Principal

0.25%

0.25%

Credit Agreement 2011 Amended [Member]

Debt Instrument [Line Items]

Line of Credit Facility, Remaining Borrowing Capacity

$ 2,000,000

$ 2,000,000

Repayments of Long-term Debt, Total

$ 1,100,000

367,600,000

2,000,000

$ 368,500,000

3,000,000

Senior Subordinated Notes [Member]

Debt Instrument [Line Items]

Percentage Of Cash Paid For Interest

12.50%

Debt Issuance Cost

$ 1,300,000

$ 4,100,000

Gains (Losses) on Extinguishment of Debt, Total

5,700,000

Debt Instrument, Unamortized Premium

$ 1,600,000

9.25% Senior Subordinated Notes due February 2020 [Member]

Debt Instrument [Line Items]

Long-term Debt, Gross

$ 335,000,000

$ 4,500,000

$ 335,000,000

$ 4,500,000

Debt Instrument, Interest Rate, Stated Percentage

9.25%

9.25%

9.25% Senior Subordinated Notes due February 2020 [Member] | Private Offering [Member]

Debt Instrument [Line Items]

Long-term Debt, Gross

$ 335,000,000

Debt Instrument, Interest Rate, Stated Percentage

9.25%

Debt Instrument, Description

The 2020 Notes were offered at an original issue price of 100.0% plus accrued interest from February 10, 2014.

Debt Instrument, Maturity Date

Feb. 15, 2020

Debt Instrument, Frequency of Periodic Payment

semiannually

Debt Instrument, Periodic Payment

$ 15,500,000

Debt Instrument, Date of First Required Payment

Aug. 15, 2014

TV One Senior Secured Notes [Member]

Debt Instrument [Line Items]

Debt Instrument, Periodic Payment, Principal

$ 875,000

Debt Instrument, Interest Rate, Stated Percentage

10.00%

10.00%

10.00%

Debt Instrument, Maturity Date

Mar. 15, 2016

Repayments of Debt

$ 119,000,000

7.375% Senior Subordinated Notes due April 2022 [Member]

Debt Instrument [Line Items]

Debt Instrument, Interest Rate, Stated Percentage

7.375%

Revolving Credit Facility [Member] | Credit Agreement 2011 [Member]

Debt Instrument [Line Items]

Debt Instrument, Face Amount

$ 25,000,000

Debt Instrument, Maturity Date

Mar. 31, 2015

2015 Credit Facility [Member]

Debt Instrument [Line Items]

Covenant Compliance Description For Maintaining Senior Secured Leverage Ratio

maintaining a senior leverage ratio of no greater than: 5.85 to 1.00 on June 30, 2015 and the last day of each fiscal quarter thereafter.

Covenant Compliance Description For Maintaining Interest Coverage Ratio

maintaining an interest coverage ratio of no less than: 1.25 to 1.00 on June 30, 2015 and the last day of each fiscal quarter thereafter.

Debt Instrument Periodic Payment Percentage Of Principal

0.25%

0.25%

Long-term Debt, Gross

$ 350,000,000

$ 350,000,000

$ 350,000,000

Debt Instrument, Maturity Date

Dec. 31, 2018

Debt Issuance Cost

$ 8,300,000

$ 6,900,000

Line Of Credit [Member]

Debt Instrument [Line Items]

Debt Instrument, Interest Rate, Stated Percentage

10.47%

10.47%

Line Of Credit [Member] | Credit Agreement 2011 [Member]

Debt Instrument [Line Items]

Debt Instrument, Face Amount

$ 411,000,000

Notes 2011 [Member]

Debt Instrument [Line Items]

Debt Instrument, Cancellation Of Debt, Amount

$ 97,000,000

Notes 2011 [Member] | Senior Subordinated Notes [Member]

Debt Instrument [Line Items]

Debt Instrument, Face Amount

$ 101,500,000

Percentage Of Financial Instrument

8.88%

Notes 2013 [Member]

Debt Instrument [Line Items]

Debt Instrument, Cancellation Of Debt, Amount

$ 199,300,000

Notes 2013 [Member] | Senior Subordinated Notes [Member]

Debt Instrument [Line Items]

Debt Instrument, Face Amount

$ 200,000,000

Percentage Of Financial Instrument

6.38%

May 2016 [Member] | Senior Subordinated Notes [Member]

Debt Instrument [Line Items]

Debt Instrument, Face Amount

$ 286,800,000

Percentage Of Financial Instrument

12.50%

15.00%

INCOME TAXES (Details Textual)

INCOME TAXES (Details Textual) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Apr. 17, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Line Items]
Income Tax Expense (Benefit)		$ 9,942	$ 8,605	$ 18,472	$ 17,183
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest, Total		$ (2,732)	$ 3,197	$ (6,225)	$ (8,527)
Increase In Tax Basis Of Assets Acquired	$ 196,700

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - Class Of Stock [Domain] - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Exercised	0	92,040	0	92,040
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Outstanding at Beginning of Year			3,737,000
Number of Options, Grants			0
Number of Options, Exercised			0
Number Of Option, Forfeited/cancelled/expired			370,000
Number of Options, Balance at End of Year	3,367,000		3,367,000		3,737,000
Number of Options, Vested and expected to vest	3,269,000		3,269,000
Number of Options, Unvested	812,000		812,000
Number of Options, Exercisable	2,555,000		2,555,000
Weighted-Average Exercise Price, Outstanding at Beginning of Year (in dollars per share)			$ 3.12
Weighted-Average Exercise Price, Grants (in dollars per share)			0
Weighted-Average Exercise Price, Exercised (in dollars per share)			0
Weighted-Average Exercise Price, Forfeited/cancelled/expired (in dollars per share)			12.65
Weighted-Average Exercise Price, Balance at End of Year (in dollars per share)	$ 2.07		2.07		$ 3.12
Weighted-Average Exercise Price, Vested and expected to vest (in dollars per share)	2.05		2.05
Weighted-Average Exercise Price, Unvested (in dollars per share)	2.75		2.75
Weighted-Average Exercise Price, Exercisable (in dollars per share)	$ 1.86		$ 1.86
Weighted-Average Remaining Contractual Term, Outstanding (in years)			5 years 2 months 5 days		5 years 2 months 19 days
Weighted-Average Remaining Contractual Term, Vested and expected to vest (in years)			5 years 1 month 2 days
Weighted-Average Remaining Contractual Term, Unvested (in years)			9 years 3 months 7 days
Weighted-Average Remaining Contractual Term, Exercisable (in years)			3 years 11 months 5 days
Aggregate Intrinsic Value, Outstanding at Beginning of Year			$ 629,440
Aggregate Intrinsic Value, Balance at End of Year	$ 4,264,271		4,264,271		$ 629,440
Aggregate Intrinsic Value, Vested and expected to vest	4,223,278		4,223,278
Aggregate Intrinsic Value, Unvested	340,898		340,898
Aggregate Intrinsic Value, Exercisable	$ 3,923,373		$ 3,923,373

STOCKHOLDERS' EQUITY (Details 1

STOCKHOLDERS' EQUITY (Details 1) - 6 months ended Jun. 30, 2015 - Restricted Stock [Member] - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Unvested at beginning of year	2,535,000
Shares, Grants	69,000
Shares, Vested	(958,000)
Shares, Forfeited/cancelled/expired	(50,000)
Shares, Unvested at end of year	1,596,000
Average Fair Value at Grant Date, Unvested at beginning of year (in dollars per share)	$ 2.78
Average Fair Value at Grant Date, Grants (in dollars per share)	3.64
Average Fair Value at Grant Date, Vested (in dollars per share)	2.77
Average Fair Value at Grant Date, Forfeited/cancelled/expired (in dollars per share)	2.75
Average Fair Value at Grant Date, Unvested at end of year (in dollars per share)	$ 2.82

STOCKHOLDERS' EQUITY (Details T

STOCKHOLDERS' EQUITY (Details Textual) - USD ($)

Apr. 06, 2015

Oct. 06, 2014

Jul. 14, 2013

Jun. 16, 2015

Apr. 20, 2015

Sep. 30, 2014

Jul. 14, 2014

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2009

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation, Total

$ 1,200,000

$ 65,000

$ 2,779,000

$ 110,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares

293,338

75,300

293,338

75,300

Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition

12 months 9 days

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Exercises In Period

0

92,040

0

92,040

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

in equal 50% installments

Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Stock Options

$ 4,800,000

$ 4,800,000

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

68,680

68,680

56,050

109,645

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

33.00%

Employee Stock Option [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross

0

Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Stock Options

$ 2,000,000

$ 2,000,000

Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition

12 months 3 days

Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value1

$ 1.40

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Exercises In Period

0

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Vested and Expected To Vest, Outstanding, Number

3,269,000

3,269,000

Repurchase Program 2013 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Repurchase Program, Authorized Amount

$ 3,500,000

$ 3,500,000

January Repurchase Program 2013 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Repurchase Program, Authorized Amount

2,000,000

2,000,000

May Repurchase Program 2013 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Repurchase Program, Authorized Amount

$ 1,500,000

$ 1,500,000

Long Term Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

The grants were effective October 6, 2014, and will vest in three installments, with the first installment of 33% vesting on April 20, 2015. The remaining two installments will vest equally on December 31, 2015 and December 31, 2016.

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

410,000

Chief Financial Officer [Member] | Share-based Compensation Award, Tranche One [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Vested and Expected To Vest, Outstanding, Number

200,000

Chief Financial Officer [Member] | Share-based Compensation Award, Tranche Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Vested and Expected To Vest, Outstanding, Number

75,000

75,000

Chief Financial Officer [Member] | Share-based Compensation Award, Tranche Three [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Vested and Expected To Vest, Outstanding, Number

75,000

75,000

Chief Administrative Officer [Member] | Share-based Compensation Award, Tranche One [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Vested and Expected To Vest, Outstanding, Number

75,000

Chief Administrative Officer [Member] | Share-based Compensation Award, Tranche Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Vested and Expected To Vest, Outstanding, Number

75,000

75,000

Chief Administrative Officer [Member] | Share-based Compensation Award, Tranche Three [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Vested and Expected To Vest, Outstanding, Number

75,000

75,000

Non Executive Directors One [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

13,736

11,210

Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures

$ 50,000

$ 50,000

Non Executive Directors Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

13,736

11,210

Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures

$ 50,000

$ 50,000

Non Executive Directors Three [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

13,736

11,210

Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures

$ 50,000

$ 50,000

Non Executive Directors Four [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

13,736

11,210

Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures

$ 50,000

$ 50,000

Non Executive Directors Five [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

13,736

11,210

Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures

$ 50,000

$ 50,000

Executives and LTIP Participants [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

Both of the grants vest over a two-year period in equal 50% installments

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

2,424,000

Founder and Executive Chairperson [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross

456,000

Founder and Executive Chairperson [Member] | Employee Stock Option [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross

293,000

President and Chief Executive Officer [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross

913,000

President and Chief Executive Officer [Member] | Employee Stock Option [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross

587,000

Executive Vice President and Chief Financial Officer [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

Class D common stock vesting in equal 112,500 share tranches on December 31, 2015 and December 31, 2016.

Executive Vice President and Chief Financial Officer [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

Class D common stock with 200,000 shares vesting on April 20, 2015 and with the remaining shares vesting in equal 75,000 share tranches on December 31, 2015 and December 31, 2016

President Radio Division [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

Class D common stock vesting in approximately equal 1/3 tranches on April 20, 2015, December 31, 2015 and December 31, 2016.

Executive Vice President and Chief Administrative Officer [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

Class D common stock vesting in equal 75,000 share tranches on April 20, 2015, December 31, 2015 and December 31, 2016.

Common Class D [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Repurchased During Period, Shares

345,293

Stock Repurchased During Period, Value

$ 1,400,000

Repurchase Of Common Stock Price Per Share

$ 4.12

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant

8,250,000

8,250,000

Common Class D [Member] | Stock Plan 2009 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant

7,000,000

7,000,000

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

8,250,000

Common Class D [Member] | Amended and Restated 2009 Stock Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant

8,231,230

8,231,230

Share-based Compensation Arrangement by Share-based Payment Award, Maximum Number of Shares Per Employee

1,000,000

Common Class D [Member] | Chief Financial Officer [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross

225,000

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

350,000

Common Class D [Member] | Chief Administrative Officer [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

225,000

Common Class D [Member] | Non Executive Directors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

50,000

21,929

Common Class D [Member] | President Radio Division [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures

70,000

Class A and D Common Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Repurchase Program, Remaining Authorized Repurchase Amount

$ 57,000

$ 57,000

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net Revenue	$ 119,821	$ 108,414	$ 225,584	$ 219,486
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets)	86,054	76,828	167,136	162,799
Depreciation and Amortization	8,980	9,236	18,068	18,506
Operating income (loss)	24,787	22,350	40,380	38,181
Total Assets	1,384,097		1,384,097		$ 1,391,694
Radio Broadcasting [Member]
Segment Reporting Information [Line Items]
Net Revenue	53,243	55,773	98,212	105,408
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets)	32,993	32,781	63,922	64,715
Depreciation and Amortization	1,169	1,283	2,325	2,591
Operating income (loss)	19,081	21,709	31,965	38,102
Total Assets	813,528		813,528		807,760
Reach Media [Member]
Segment Reporting Information [Line Items]
Net Revenue	18,315	10,099	29,022	26,815
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets)	16,278	10,343	24,980	26,921
Depreciation and Amortization	268	286	532	577
Operating income (loss)	1,769	(530)	3,510	(683)
Total Assets	38,348		38,348		36,376
Internet [Member]
Segment Reporting Information [Line Items]
Net Revenue	4,516	5,909	10,260	12,353
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets)	5,205	5,756	10,915	12,046
Depreciation and Amortization	473	606	1,112	1,232
Operating income (loss)	(1,162)	(453)	(1,767)	(925)
Total Assets	32,071		32,071		33,375
Cable Television [Member]
Segment Reporting Information [Line Items]
Net Revenue	45,594	37,984	91,327	77,678
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets)	25,572	23,409	55,361	49,800
Depreciation and Amortization	6,542	6,532	13,046	13,074
Operating income (loss)	13,480	8,043	22,920	14,804
Total Assets	477,729		477,729		464,661
Corporate/Eliminations/Other [Member]
Segment Reporting Information [Line Items]
Net Revenue	(1,847)	(1,351)	(3,237)	(2,768)
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets)	6,006	4,539	11,958	9,317
Depreciation and Amortization	528	529	1,053	1,032
Operating income (loss)	(8,381)	$ (6,419)	(16,248)	$ (13,117)
Total Assets	$ 22,421		$ 22,421		$ 49,522

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Commitments and Contingencies Disclosure [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Liability	$ 1		$ 1
Music License Agreements [Member]
Commitments and Contingencies Disclosure [Line Items]
License Costs	$ 2.5	$ 2.4	$ 5	$ 4.7