Liggins: "We've Come Through Hell"
When asked how he felt about the radio business, Radio One CEO Alfred Liggins said, "I feel good about it," adding, "We've come through hell, like everyone else in the radio business did. We're more realistic now." Liggins says Radio One will grow its cash flow in 2013 even if there's a down market through a combination of top line revenue and expense control in a number of areas. He also said several Radio One assets have not matured yet giving the company potential for additional upside. He specifically mentioned the Atlanta, Detroit, and Houston markets.