Home / Full timeline / NBN Broadcasting Inc. and Sheridan Broadcasting Network, the nation’s two largest Black-owned radio network companies, merge to form the American Urban Radio Networks, the largest radio vehicle for Black consumers.
NBN Broadcasting Inc. and Sheridan Broadcasting Network, the nation’s two largest Black-owned radio network companies, merge to form the American Urban Radio Networks, the largest radio vehicle for Black consumers.
1992 (Mar)
NBN Broadcasting Inc. and Sheridan Broadcasting Network, the nation's two largest Black-owned radio network companies, merged to form the American Urban Radio Networks, the largest radio vehicle for Black consumers. The merger began in October 1991 after both companies began to downsize and make other economic cutbacks. Sheridan chairman Ronald R. Davenport and NBN chairman Sydney L. Small were named co-chairs of the new firm. They said the deal was arranged without a financial exchange, but that the two companies merged to share profits.
References:
- • Hornsby, Alton. Chronology of African-American History: Significant Events and People from 1619 to the Present. Detroit: Gale Research, 1995.