Free stock-trade apps: Power to the people, or new ways for Wall Street to rip you off?

This article was originally published on this site

Urban One, which owns 100.3 WRNB, 107.9 WPPZ (classic R&B and gospel), and Hip-Hop 103.9 WPHI in Philadelphia among its other stations, was for several days worth more than the nation’s second-largest radio company, Philadelphia-based Entercom, owner of KYW news radio, WIP talk radio, and others. This was so even though Entercom had more than three times Urban One’s total sales last year, in an industry suffering a collapse in advertising revenues.