In a filing with the Securities and Exchange Commission, Urban One reports that is has notified Ernst & Young LLP that it would be dismissed as the company’s independent registered public accounting firm and that the Audit Committee has appointed PricewaterhouseCoopers LLC to serve as its independent registered
public accounting firm for the fiscal year ending December 31, 2025 effective as of April 7, 2025. Urban One says there are no disagreements between it and Ernst & Young. Urban One does say that it reported “material weaknesses in internal control over financial reporting” that was disclosed the recent annual report, “some of which has been remediated.” The material weaknesses related to its own internal controls including insufficient information technology general controls. Read the entire filing here.
