TABLE OF CONTENTS

Minority Commercial Broadcast Ownership Totals

I. Minority Commercial Broadcast Ownership In the United States

II. Section One: Black Commercial Broadcast Ownership

III. Section Two: Hispanic Commercial Broadcast Ownership

IV. Section Three: Asian Commercial Broadcast Ownership

V. Section Four: Native American Commercial Broadcast Ownership

VI. Section Five: Minority Commercial Televison Ownership

APPENDIX A - Methodology

APPENDIX B - Minority and Non-minority Commercial Broadcast Ownership totals, 1992- August 1997

APPENDIX C - List of Top 10 Radio Groups

This is a compilation of information from numerous sources. MTDP make no claims as to the completeness of the information contained herein. This report will contain data collected as of August 30, 1998.