Urban One, Inc.
A media company running one of the nation's largest networks of radio stations plus television channels including TV One and CLEO TV, all aimed at Black American audiences. Cathy Hughes founded it in 1980 by buying Washington, D.C.'s WOL-AM after 32 banks rejected her loan application. Earlier, she had invented the "Quiet Storm" radio format, named after the Smokey Robinson song, which spread to stations across the country.