Radio One: Cathy Hughes (2017)

How I Built This · 14 Aug 2017 · 36m

What this episode covers

Cathy Hughes, founder of Radio One (now Urban One), explains how she bought her first radio station in 1980 with $10,000 in savings after 32 bank rejections, eventually building a network of 75 stations. She details her strategy of turning around distressed properties, going public to achieve scale, and maintaining control through voting stock. The episode also features a postscript on Mike Butera, founder of Artifon, who developed the Instrument One, a digital musical device that raised over $1 million on Kickstarter and won 'Best in Show' at a major music retailers convention.

Mentioned

Companies
Radio One, Urban One, Artifon, Fender, Gibson, Yamaha, Korg, Roland, Clear Channel
Products
WHUR, Instrument One
Also
Kickstarter, Amazon, Urban Outfitters

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