February 6, 2012
ATLANTA -- Light Media, Inspirational Media Specialist, announced today that Mary Catherine Sneed, a leading radio industry catalyst and pioneer, has joined its team.
Recognized by RadioInk Magazine as one of the Top 10 Most Powerful Women In Radio in 2004, Mary Catherine Sneed served as Nasdaq-publicly-traded Radio One's Chief Operating Officer for 8 years (1998-2006).
Mary Catherine Sneed, working side-by-side with Radio One's Founder (Cathy Hughes) and CEO (Alfred Liggins) built Radio One from 2 to 71 radio stations and over $300 million in revenues. At the time of Mary Catherine Sneed's departure from Radio One on June 30, 2006, Radio One's closing stock price was: $7.40 per share. Mary Catherine Sneed will advise Light Media on key strategic corporate initiatives, including but not limited to: sales, programming, acquisitions, alliances, etc.
"Mary Catherine Sneed is a Trail-Blazer; and her proven power and relentless drive to turn vision into reality and take a little-known company, like Radio One was in 1998, and turn it into a formidable 71-radio stations one-third of a billion dollars multimedia conglomerate eight years later parallels the storied rise of Clear Channel from micro-cap obscurity to large-cap market leader (see historical reference note below). Light Media is excited to have Mary Catherine Sneed as a value-added member of its strategic advisory team," said Danny Wilson, CEO of Light Media.