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Pacifica Radio is a listener supported community radio network of commercial free stations that server their local communities and beyond. Pacifica is KPFA in Berkeley, CA; KPFK in Los Angeles, CA; KPFT in Houston, TX; WBAI in New York, NY; WPFW in Washington DC; and over 100 affiliate stations.

Pamal Broadcasting is a leading regional radio station operator with more than two dozen stations serving mid-sized markets in New York, Vermont, and Florida. Its stations offer a variety of programming, including rock, country, jazz, pop, and contemporary, as well as sports, news, and talk radio formats. Pamal Broadcasting operates most of its portfolio in clusters of stations serving the same market, which allows the company to cut operating costs by combining some business functions between its stations. CEO James Morrell started the company as Albany Broadcasting in 1986.

Premiere Radio Networks Inc., a subsidiary of Clear Channel Communications, syndicates 90 radio programs and services to more than 5,000 radio affiliations and reaches over 190 million listeners weekly. Premiere Radio is the number one radio network in the country and features the following personalities: Rush Limbaugh, Jim Rome, Casey Kasem, Ryan Seacrest, Glenn Beck, Bob (Kevoian) & Tom (Griswold), Delilah, Steve Harvey, Blair Garner, George Noory, John Boy and Billy, Big Tigger, Dr. Dean Edell, Sean Hannity, Randi Rhodes, Jason Lewis Randi Rhodes, Kane, Nikki Sixx and others. Premiere is based in Sherman Oaks, California, with 13 offices nationwide. Founded in 1987, Premiere began in Los Angeles with a $30,000 investment. Within the first year, the company produced three shows and recorded advertising billings of $2.1 million with approximately 250 affiliates. Today, Premiere produces 70 programs with annual billings in excess of $330 million.Premiere purchased Mediabase in 1991. This research component of Premiere monitors music on more than 1,800 radio stations in 180 U.S. and Canadian markets, 24 hours a day, seven days a week. In addition to providing vital airplay information to the music industry, the company provides its research to nearly 1,700 affiliate radio stations on a barter subscription basis.

At Public Radio International, we invite listeners to hear a different voice with content that provides unique perspectives on our interdependent world. Partnering with public media's most talented producers and hosts, we offer distinctly global voices on PRI's "The World" and BBC World Service. We offer singular, diverse voices on "The Tavis Smiley Show." We present voices of culture, contemporary American life and artistry on "This American Life" and "Studio 360 from PRI and WNYC." And we provide decidedly fresh takes on "WireTap" and "The Sound of Young America."

Radio One, Inc.(www.radio-one.com) is one of the nation's largest radio broadcasting companies and the largest radio broadcasting company that primarily targets African-American and urban listeners. Pro forma for recently announced transactions, Radio One owns and/or operates 53 radio stations located in 16 urban markets in the United States. Additionally, Radio One owns Magazine One, Inc. (d/b/a Giant Magazine) (www.giantmag.com), interests in TV One, LLC (www.tvoneonline.com), a cable/satellite network programming primarily to African-Americans and Reach Media, Inc. (www.blackamericaweb.com), owner of the Tom Joyner Morning Show and other businesses associated with Tom Joyner. Radio One strategy is to expand within our existing markets and into new markets that have a significant African-American presence. We believe radio broadcasting primarily targeting African-Americans has significant growth potential. We also believe that we have a competitive advantage in the African-American market and the radio industry in general, due to our primary focus on urban formats, our skill in programming and marketing these formats, and our turnaround expertise.

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