Friday, November 13, 2020

| November 13, 2020

NOW POSTED:  This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted. This new episode titled, “It’s Democracy Stupid!” looks back at this past week of November 9 – November 13, 2020.  The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS; Martha Zoller, talk show host, WDUN, North Georgia; Chip Franklin, talk show host, KGO, San Francisco; Dr. Daliah Wachs, talk show host, Genesis Communications Network / medical physician; Blanquita Cullum, talk show host, WCGO, Chicago; and Paul Vandenburgh, talk show host / station owner, WGDJ, Albany, NY. This acclaimed news/talk radio show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; WVLY, Wheeling, WV; WTRW-FM, Scranton/Wilkes Barre, PA; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; WGDJ, Albany, NY;  WJFN-FM, Richmond, VA; WZFG, Fargo; KTGO, Tioga, ND; KWAM, Memphis; K-NEWS, San Luis Obispo; WCHM, Clarkesville, GA;  WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; the Virginia Talk Radio NetworkCRN Digital Talk Radio NetworkPioneer Valley Radio, Springfield, MA; Podcast Radio, UK and many more.  To listen to this week ’s episode, please click here. To view the latest TALKERS magazine topic research, please click here.  “The Michael Harrison Wrap” is now available in syndication via Talk Media Network to stations across America on a market exclusive basis. For affiliation information, please click here or call 616-884-8616.

Salem Media Group Q3 Total Revenue Down 5.4%. Reporting its earnings for the third quarter of 2020, Salem Media Group says total revenue for the quarter was $60.6 million, down 5.4% from the same period in 2019. Operating income for the third quarter of 2020 was $4.8 million compared to the $14.5 million loss it posted in Q3 of 2019. Net income was $329,000 in Q3 of this year compared to the $20 million net loss it reported for the same period in 2019. Looking at Salem by division, net broadcast revenue was $45.4 million, down 4.8% from the same period in 2019, digital media revenue increased by 7.8% to $9.8 million, and publishing was down 25.3%. During Thursday’s investor conference call, Salem director and CEO Edward Atsinger said, “For the third quarter, broadcast revenue increased by 15% when compared to the second quarter but declined 4.8% when compared to the third quarter of last year. Despite that decline, those numbers compare favorably to the industry as a whole. According to Miller Kaplan, in the markets where we operate, the radio industry was down 30.2% compared to last year. And our performance, I think, highlights the difference in our business model with a foundation on national and local ministry block programming and our most recent investments in Salem Surround and SalemNow. Just as a reminder Salem Surround is our local digital multimedia advertising agency and SalemNow is the over-the-top streaming movie business that we launched in Q2… Turning to traditional radio advertising. Spot revenues continue to recover. Total spot was up 26.4% when compared to the second quarter of this year 2020. However, compared to last year, local spot revenue was down 25.8% while national spot revenue only declined 8.4%. Combined total spot revenue was down 21.7% in the third quarter compared to last year. Again, this was much better than the radio industry overall which, according to Miller Kaplan, total spot revenue declined 33.6% for the industry as a whole. Our syndicated network business remained strong and actually grew revenue 4.9% in the third quarter when compared to last year.” Thanks to Seeking Alpha for the conference call transcript. Members can read the whole transcript here.

WILK, Wilkes-Barre’s John Webster to Retire Next Month. The Citizen’s Voice reports that John Webster will retire from the radio business and his current gig as morning drive co-host on Entercom’s news/talk WILK, Wilkes-Barre in mid-December. Webster has worked in local radio in Northeastern Pennsylvania for the past 40 years. He partnered with Jay Daniels to co-host “Daniels and Webster” on Times-Shamrock’s “Rock 107” for 25 years. Webster joined WILK in 2010 and currently hosts the morning show with Nancy Kman. Entercom Scranton/Wilkes-Barre market manager Ryan Flynn tells the paper that it is currently seeking Webster’s replacement and hopes to have that person in place by the New Year. About his career, Webster tells Citizen’s Voice, “It beats working for a living. As cliché as it sounds, if you love what you do, you’ll never work a day in your life. What I used to get detention for in high school I ended up getting a paycheck for. I was having a good time, clowning around and fooling around and just enjoying myself. As it turned out, people seemed to enjoy listening to that and it all worked out.”

Roxanne Marati Named Market Manager for Entercom Kansas City. Sales and management pro Roxanne Marati is promoted to SVP and market manager for Entercom’s Kansas City station group that includes news/talk outlets KMBZ-FM and KMBZ-AM, KCSP “610 Sports Radio,” KWOD-AM “1660 The Score” and four music outlets. She comes to Kansas City from her most recent post as VP of sales for the company’s Denver station group. She takes over for Dave Alpert, who exited the company last month. Entercom regional president Doug Abernethy says, “It has been a pleasure to watch Roxanne grow and deliver results the last seven years as our vice president of sales. She is a dynamic leader and a great fit to lead our collection of assets in Kansas City and I am thrilled to continue to work alongside her in this new chapter in her career.”

Independent Broadcasters Association Assisting Job Hunters. In a partnership with Vipology, the Independent Broadcasters Association has created a rapid response opportunity for members of the radio community losing their positions. IBA president and executive director Ron Stone says, “We have been watching the trades for the past two weeks and have been heartbroken by the massive terminations announced daily in the trades in so many markets around the country. We are living in the most challenging economic times since the Great Depression 100 years ago, literally since radio began. To see so many broadcast professionals terminated during the worst of times is hard to digest. We shifted gears on our own website development, built and managed by Vipology, to provide opportunities for those impacted to ‘meet up’ with potential broadcasters that may either be searching for new talent or perhaps be interested in engaging these folks for tracking positions. We just cannot sit by and watch the continuation of more and more terminations without offering help. We are all in this together, and that includes keeping people employed so they can feed their families.” You can see the Talent Available page here. If you are out of work and wish to add your information, you can do that here.

TALKERS News Notes. Television marketing executive Ilana Susnow joins PodcastOne as its head of marketing and audience development. The New York-based Susnow – who will report to PodcastOne CEO Peter Morris – will oversee all marketing initiatives for PodcastOne and its numerous podcasts. Her responsibilities will include developing and executing marketing strategy and audience growth for PodcastOne, including launching new shows and managing the lifecycle of all programs in the PodcastOne network. In addition, Susnow will have oversight and management of all paid media marketing campaigns, trade deals, event planning and PR, as well as collaborating with the sales team on integrations and talent relations…..Pop star Kesha partners with iHeartMedia on a new podcast called, “Kesha And The Creepies,” in which she chats with an eclectic mix of guests about their supernatural experiences, the occult, unexplained mysteries, urban legends, psychedelic art, spirituality, astrology and more. Her first guest is rocker Alice Cooper. She says, “I’m existentially pleased and molecularly stoked to be premiering my new podcast ‘Kesha & the Creepies!!!’ I have had so many experiences in this incarnation that I just can’t ignore or explain, and I’ve always been fascinated by supernatural subjects, the unexplainable, and people exploring alternative thought and lifestyles.”…..ABC Audio announces Thanksgiving weekend programming for radio, including the news and news/talk-formatted show, “Celebrating the Arts,” hosted by ABC News correspondent Aaron Katersky. The three-hour special profiles artists, artisans, and creators “who nourish Americans through their work.” The program features interviews with a craftsman turning junk airplanes into pieces of art and one-of-a-kind furniture, a photographer capturing the first moments of connection after COVID-19 lockdowns, and a poet whose words bring comfort. “Celebrating the Arts” also takes listeners to Kansas City’s inimitable jazz scene, hits the streets with buskers, visits drive-in theater productions, and more.

Presidential Election Aftermath Top News/Talk Story for Week of November 9-13. The aftermath of the presidential election was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was the Georgia runoff elections and the recount of the presidential race. Coming in at #3 was the rising number of COVID-19 cases in the U.S. and abroad, projections for winter cases, the race for an effective vaccine and the country’s hospital crisis, followed by the Supreme Court’s hearing arguments about the Affordable Care Act at #4. The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s entire chart here.

Music Radio News and Career Moves. The annual Westwood One Nashville country music special, “A Thanksgiving Weekend Celebration,” is available to stations for the coming holiday weekend. This year’s four-hour program is being hosted by reigning ACM Entertainer of the Year and multi-platinum artist Thomas Rhett. WWO says that Rhett and his friends will share their favorite dishes and traditions along with great country music. Florida Georgia Line, Keith Urban, Carrie Underwood, Kenny Chesney, Tim McGraw, Luke Combs, and many more will join Rhett. Stations can air “A Thanksgiving Weekend Celebration” any time from November 26-29 from 6:00 am and 12:00 midnight.

Thursday, November 12, 2020

| November 12, 2020

WGY, Albany’s Chuck Custer to Retire Next Month. Albany radio personality Chuck Custer is retiring from iHeartMedia’s news/talk WGY-AM/FM on December 18. He currently hosts the morning drive program with Kelly Lynch. Before taking on that role in 2011, he served as news anchor on Don Weeks’ radio show. Custer also previously served as news director and program director for “News Radio 810 & 103.1.” Custer began his WGY career as evening news anchor in 1984. iHeartMedia Albany SVP and market manager John Cooper says, “For over 36 years, Chuck Custer has been synonymous with WGY. From his time as the leader of the award-winning WGY news department, his outstanding work with ‘Don Weeks in the Mornings’, his current co-host position with Kelly Lynch, and most importantly all the time he’s contributed to the people of the Capital District. Chuck has been the consummate professional. He’s a great broadcaster who will long be remembered.” Custer comments, “It was a lifelong dream to work at WGY, a powerful, influential station with a great history and heritage. I’ve been very fortunate to have such a great run here. I’ve worked with many tremendous and talented people, made many friends, and I have had an opportunity to take on many different challenges. For 36-plus-years, I’ve loved what I was doing and loved coming to work. Not many people can say that.”

Urban One Posts Third Quarter Net Revenue Decrease of 17.2%. Reporting results from the third quarter of 2020, Urban One, Inc says net revenue was approximately $91.9 million, a decrease of 17.2% from the same period in 2019. Broadcast and digital operating income was approximately $44.2 million, an increase of 1.3% from the same period in 2019. Urban One posted a net loss of approximately $12.8 million in Q3 of 2020 compared to a net income of approximately $5.4 million for the same period in 2019. Urban One CEO and president Alfred C. Liggins, III says, “During the third quarter, we saw continued sequential improvements in radio revenues: compared to Q2 2020, our radio segment revenues were up 54.3%. This improvement will continue into fourth quarter where same station radio division revenues are currently pacing down only mid-single digits compared to Q4 2019, including political advertising. Most remarkably, despite the ongoing impact of the COVID-19 pandemic, we were able to grow our Q3 2020 Adjusted EBITDA by 2.3% compared to Q3 2019 and by 61.3% compared to Q2 2020. This was largely driven by impressive performance in our TV, Digital and Reach Media divisions, all of which grew their Adjusted EBITDA by double digit percentages, or better, year-over-year. During this 2020 election cycle we have seen record-breaking political advertising revenues, in excess of $20 million across our entire platform of radio, digital and TV assets. I believe this reflects the increasing recognition of the importance of our audience, and the trusted platform we provide our clients to reach Black America… Our cash and liquidity position remains robust, with approximately $102.2 million of cash on hand at September 30. We received strong support from lenders for our recent bond exchange offer, which extends the maturity of both our secured notes and unsecured term loan, thereby giving the Company more flexibility to opportunistically access capital markets during the course of 2021. As part of the exchange agreement we will also reduce our outstanding debt by $25 million.”

KKAT, Salt Lake City Welcomes Dave Ramsey. Nationally syndicated talk radio superstar Dave Ramsey is joining the program schedule at Cumulus Media’s news/talk KKAT-AM, Salt Lake City in the 11:00 am to 1:00 pm slot, effective November 16. Cumulus Salt Lake City VP and market manager Patrick Reedy says, “Now, more than ever, Dave Ramsey’s insights and solutions for life and money bring clarity and straight talk to improving listeners’ financial lives. We are incredibly excited to welcome ‘The Dave Ramsey Show’ to the powerful 860AM lineup.” KKAT program director Chris Hoffman adds, “I’ve personally seen the power of Dave’s message change people’s lives. I can’t wait for our audience to experience it for themselves. I look forward to hearing their debt-free screams!”

KYW, Philadelphia Announces New On-Air Lineup. The retirement of morning drive co-anchor Brandon Brooks sets in motion a series of changes at Entercom’s all-news outlet KYW, Philadelphia that take effect November 23. Current afternoon drive co-anchor Ian Bush is moving to mornings to serve as co-anchor alongside Carol MacKenzie. Jay Scott Smith rises from his part-time anchor position to co-anchor afternoons with co-anchor Michelle Durham. Also, fill-in anchor Denise Nakano is named midday anchor. Entercom Philadelphia SVP and market manager David Yadgaroff says, “As KYW Newsradio broadens its reach on crystal-clear 103.9 FM, we are happy to expand the roles of these outstanding journalists. Ian, Jay, and Denise bring invaluable experience and insight that will help Philadelphia’s most-trusted news team serve our region at this critical time and beyond.” Bush, Smith, and Nakano will all contribute to KYW Newsradio’s growing array of digital offerings, including original podcasts.

Jim Bohannon Goes Back to College. Pictured above on the campus of Piedmont College in Demorest, Georgia is Westwood One nationally syndicated talk show host Jim Bohannon (second from right) along with a group of students from the school’s student-run radio station “Z87.7.” Bohannon visited the school to conduct a radio seminar and speak to individual audio production classes about his industry experience as a talk show host. Bohannon also appeared as a guest on the station’s “1:35” program. Pictured with Bohannon are (from l-r) students Christopher Barker, Cameron Verona,Savannah Richards, Zach Swindell, Brett Loftis, Bohannon, and faculty member Dale Van Cantfort.

Harrison Podcast Presents a Special Salute to the Broadcasters Foundation of America. Taking a brief departure from its usual format of spotlighting a single individual, the Broadcasters Foundation of America is the subject of this week’s installment of the award-winning PodcastOne series, “The Michael Harrison Interview.” Harrison states, “This past week’s election and its aftermath continued the drama, intensity and anxiety that have made 2020 one of the most challenging years in modern history – and thus, one of the most difficult in the lifetimes of those of us born after World War II. The economic crisis sparked by COVID-19 has certainly added to the problems facing millions of people in our country who have either lost their jobs or their businesses and many more who are living with the uncertainty of whether they will still have their jobs and businesses in 2021.” Harrison continues, “All that aside, the radio industry has been hard hit by economic challenges for years leading up to 2020 – through good times and bad – due to a variety of reasons… some unavoidable and some, unfortunately, of its own making… none of which can be blamed on its day-to-day working people. Escalating cutbacks in the radio business are nothing new in the 21st century. The COVID-19 era has only made difficult matters even worse. Firings have primarily targeted the working folks in the trenches, including engineers, producers, programmers, news reporters, DJs, talk show hosts, salespeople, programmers, and mid-level managers.” Harrison adds, “It is important to note radio is always on the front lines of supporting charities and initiatives that rush to the aid of victims suffering from just about every hardship inflicted by disease, natural disasters, and economic calamity. But the only humanitarian organization that I know of that for decades has consistently been standing up for broadcasters facing personal disasters is the Broadcasters Foundation of America.” The Broadcasters Foundation of America derives most, if not all, of its revenues from individuals and companies, large and small, in the radio and television industries creating a process by which broadcasters can support broadcasters in their time of need. 2020 has proven to be a difficult year for the organization due to the economic impact of the corona virus upon its individual donors – and especially with COVID-19 forcing the cancellation of many of the organization’s annual fund-raising events. Harrison concludes, “Keeping in mind that a significant portion of this podcast’s audience are members of the professional broadcasting community, and to personally take a momentary break from the stresses of today’s political turmoil, this installment of our podcast will diverge from its usual path and be devoted to raising awareness of the Broadcasters Foundation of America.” The podcast’s guests this week are WPG, Atlantic City morning host Harry Hurley, Broadcasters Foundation of America president Jim Thompson and Foundation board member and longtime host of TV’s “Inside Edition,” Deborah Norville. To listen to the podcast in its entirety, please click here or click on the player box marked “The Michael Harrison Interview” located in the right-hand column on every page of Talkers.com.

Trump Refuses to Concede/Biden Transition Process, Georgia Recount/Senate Runoff Elections, COVID-19 Stats & Projections/Vaccine, Trump Media Ambitions, Veterans Day, and Tropical Storm Eta to Hit Florida Again Among Top News/Talk Stories Yesterday (11/11). The refusal on the part of Donald Trump and a fair number of Republican members of Congress to admit that Joe Biden won the election and the transition process to President-Elect Biden; the state of Georgia’s intent to do a hand recount of the ballots and the January runoff elections for Georgia’s two U.S. Senate seats; the fast-rising number of COVID-19 cases in the U.S. and abroad, projections for winter cases, and Pfizer’s statement its vaccine appears to be 90% effective; speculation about Donald Trump’s post-White House media ambitions; the Veterans Day holiday; and Tropical Storm Eta to hit Florida again were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. Condolences to the family and friends of classic rock WIMZ-FM, Knoxville afternoon drive personality Billy Kidd, a.k.a. William Winningham, who died unexpectedly yesterday (11/11). No details of his passing are available but the station posted the following to its website: “It is with the very heaviest of hearts that we here at 103.5 WIMZ bring you the terrible news of the passing of our friend and colleague, William Winningham, also lovingly known as Billy Kidd. We know you have many questions, as do we. Just remember how much Billy loved this community and the people who made it so great! We will be posting and airing tributes to Billy in the days to follow. We appreciate the many friends and listeners who have expressed their concern and love for Billy. Thank you all from the depths of our hearts. We love you Billy!”…..Alpha Media and Superadio, LLC announce an affiliation agreement to bring the “Ebro in the Morning with Laura Stylez and Rosenberg” to its hip hop-formatted stations in Portland, Oregon; San Antonio; and Amarillo, Texas. Alpha Media VP of content Phil Becker says, “I admire and appreciate the talent and perspectives of Ebro, Laura, and Rosenberg and I’m proud of Alpha for continuing to be trendsetters in the media space by becoming the flagship affiliate. The radio industry has become too reliant on phony phone calls and the assumption that listeners want characters over authenticity. ‘Ebro in the Morning’ understands that and will be a wonderful addition to our portfolio of stations, and I look forward to working closely with them.”…..Team Jubal Productions announces its formation to independently launch “The Jubal Show” in national syndication. The program debuts today on iHeartMedia stations KXJM-FM, Portland “JAM’N 107.5”; KSLZ-FM, St. Louis “Z107.7” and WMKS-FM, Greensboro “100.3 KISS FM.” Team Jubal Productions is led by Alex Fresh, Jubal Fresh and Eric Weiss. Craig Whetstine is handling affiliate sales for the show.

Wednesday, November 11, 2020

| November 11, 2020

LA Times: Post White House Talk Show Career for Trump? The Los Angeles Times published an article today (11/11) by entertainment/arts/media writer Stephen Battaglio speculating on industry chatter about the possibility of President Trump launching a talk media career after leaving the White House that would involve either starting his own television network or joining an existing operation such as FOX News Channel or Newsmax TV as the host of his own program. The article also touches upon Trump’s option of doing a daily talk show on radio – perhaps even replacing Rush Limbaugh if and when the superstar is forced to leave the airwaves due to his battle with lung cancer. TALKERS founder Michael Harrison states in the article he does not think that would be a likely prospect. “With all due respect for the president, he cannot hold a candle to Rush when it comes to the demands and expectations of doing a high-profile, daily three-hour talk show, which requires hours of prep per day, an original take on the issues and the ability to connect the complex dots of presenting a thesis and then setting about supporting it in a cogent manner,” Harrison said. “Trump is a showman, but what Rush listeners expect is a much more sophisticated and nuanced approach to creating a meaningful listening experience than what it takes to hold court and mug over a campaign rally before thousands of adoring followers.” To read the entire article, please click here.

Beasley Media Group Enters into Distribution Deal with RADIO.COM. A deal between Entercom’s RADIO.COM platform and Beasley Media Group puts live-stream channels for each of Beasley’s 64 stations across 15 markets on RADIO.COM, along with all of its premium on-demand audio and podcasts. Entercom VP of business development Corey Podolsky says, “We’re delighted to bring Beasley Media Group aboard the RADIO.COM platform and its incredible stations across news, entertainment, music and sports. This partnership will give Beasley’s 20 million weekly listeners a new destination to consume their favorite audio content, while providing our existing consumers more options to satisfy their listening habits.” Beasley chief content officer Justin Chase says, “Beasley is proud to partner with our friends at Entercom and RADIO.COM. Listeners are consuming our content in more places than ever and we are excited to expand the distribution for our amazing brands on this first-class audio platform.”

WABC, New York ‘Ties a Yellow Ribbon’ in Honor of Veterans Day. Pictured above are singer Tony Orlando (left) and Red Apple Media owner John Catsimatidis (right) along with U.S. Marines tying a yellow ribbon on a tree outside the WABC, New York studios as a symbol of support for veterans and the military. Orlando, who recorded the 1973 hit “Tie A Yellow Ribbon ‘Round the Ole Oak Tree,” recently joined 77 WABC as part of its Saturday night music lineup, hosting a two-hour show that airs at 10:00 pm. All day today (11/11), TALKRADIO 77 WABC is saluting the brave men and women who served in the military with special Veterans Day programming that includes interviews with America’s heroes and their families. The station has been promoting its Veterans Day programming on the air and social media for several days, and distributed hundreds of TALKRADIO 77 WABC Yellow Ribbons to listeners who want to show their support.

TALKERS News Notes. After the cancellation of the “America’s Trucking Network” program hosted by Steve Sommers, iHeartMedia’s news/talk WLW, Cincinnati has filled the overnight slot with a talk program hosted by Dan Carroll. The ouster of Sommers is part of an ongoing reduction in force of employees at iHeartMedia that, according to a tally by radio trade AllAccess, has put almost 80 on-air and programming staffers in the unemployment line. It’s unclear how many behind-the-scenes employees have been affected…..Former ESPN Radio morning drive personality Mike Golic is the host of a newly created college sports trivia program produced by Learfield IMG College and Sidearm Sports called “The Fan Exam.” As reported by NJ.com, the free online program will air Tuesdays and Thursdays at 8:00 pm ET on some 150 college athletics websites. Golic is quoted saying, “This sounds like fun. I’ve enjoyed calling the college [football] games. This opportunity came up and it reminded me of the ‘HQ Trivia’ game that was out for a while that I played all the time. So, this will be a lot of fun… Who doesn’t love to try to answer trivia questions? The beauty about this is you’re never eliminated through all the shows that we’re going to have. You can win for that week, there’s a cumulative score for the entire year. So even if you miss questions, it doesn’t matter. You still get to answer all twelve [questions]. Your score is logged — and you can win a bunch of different ways. It’s cool. You’re never out of it.”

Trump Refuses to Accept Election Results, COVID-19 Stats & Projections, Vaccine Quest, Trump Purges Pentagon, Georgia Runoff Elections, SCOTUS Hears Obamacare Arguments, and Tropical Storm Eta to Hit Florida Again Among Top News/Talk Stories Yesterday (11/10). The challenges to the election results being put up by Donald Trump; the rising number of COVID-19 cases in the U.S. and abroad and projections for winter cases; the race to produce an effective COVID vaccine and Pfizer’s statement its vaccine is 90% effective; President Trump fires numerous civilian Pentagon officials and installs loyalists in the posts; the January runoff elections in Georgia that will determine control of the U.S. Senate; the Supreme Court’s hearing of arguments in the Obamacare case; and Tropical Storm Eta on course to hit Florida again were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. In honor of Veterans Day, Cumulus Media’s classic rock KCFX-FM, Kansas “101 The Fox,” along with Price Chopper and Cars4Heroes, are giving 11 cars to 11 veterans. A special ceremony takes place at the National WWI Museum and Memorial in Kansas City and legendary Chiefs player Deron Cherry will present the car keys to these 11 local heroes. Cherry will be accompanied by many other Chiefs legends to personally thank the veterans for their service and for protecting our freedom. For 26 years, Cars4Heroes has been helping people in the Kansas City area. Terry Franz, who is affectionately referred to as “Car Santa,” is the founder and president of Cars4Heroes. He says, “If somebody is down and out you can go hand them some cash and fix everything for today, but the money goes away. When we give someone a car, it is a tool that changes their life! We are proud to salute and honor these veterans here today.”…..iHeartMedia Boston’s country WBWL “101.7 The Bull,” in partnership with WBTS-TV “NBC10” presents “One Night Only,” a night of live music to benefit St. Jude Children’s Research Hospital on Saturday, November 21 at 7:00 pm ET on NBC10 Boston and live on “101.7 The Bull.” Artists performing will include: Kane Brown, Old Dominion, Maren Morris, Kelsea Ballerini, Jon Pardi, Brett Eldredge, Jimmie Allen, Lauren Alaina, and special guest host Chrissy Metz of NBC’s “This Is Us.”…..Beasley Media Group’s classic rock WMGK-FM, in conjunction with City Team Philadelphia, is presenting the 19th Annual John DeBella Turkey Drop on Tuesday, November 24 at The Kimmel Center in Philadelphia. Morning personality John DeBella will broadcast live from 6:00 am to 9:00 am and will accept monetary as well as turkey donations onsite. The John DeBella Turkey Drop is the largest, single day food gathering event in the City of Philadelphia. Last year’s collection raised over 11,000 turkeys.

Tuesday, November 10, 2020

| November 10, 2020

iHeartMedia Third Quarter Revenue Down 22%. The earnings report from iHeartMedia for the third quarter of 2020 shows the media company in a slightly better situation than some of its similar-sized competitors as revenue was $744 million, a decrease of 22% over the same period in 2019. (Cumulus Media and Entercom were both down 30% and Beasley was down 25%.) iHeartMedia says that its third quarter revenue was up “53% sequentially, moving from down 47% [year-over-year] in Q2 to down 22% [year-over-year] in Q3. The company adds that October revenue increased 2%, benefitting from significant political advertising and digital revenue increased 17% [year-over-year]. Breaking the report down by segment, broadcast revenue declined 29% from $573 million in Q3 2019 to $404 million this year but increased 66% quarter-over-quarter. Networks revenue declined 26% from $160 million to $119 million but increased 24% quarter-over-quarter. Digital revenue increased 17%, from $97 million to $113 million, led by a 74% increase in podcasting revenue. iHeartMedia posted a loss of $32 million in the third quarter of 2020 compared to the net income of $12 million in Q3 of 2019.

iHM’s Pittman: Podcasting Already Profitable for Us. During yesterday’s investors conference call, iHeartMedia CEO Bob Pittman explained the success of its podcasting segment. He said, “Podcasting continues to be our strongest performing business line, reflecting the fact that we built iHeart into the number one commercial podcast publisher in America, with 252 million downloads a month as of September, which is up 71% year-over-year. In Q3, as measured by Podtrac, we were number one in downloads each month. Our audience continues to be more than twice the size of the next largest commercial podcaster. And we extend that our lead over all other ranked podcasters. Let me share with you our model. We partner with the best content creators in the world – some of whom are our very own radio talent – distribute their content to the largest audience possible without a paywall, and use the unparalleled scale of our broadcast radio business as a built-in marketing machine to drive engagement with our podcast shows. We feel this is an important part of our secret sauce. It’s how we continue to build hit podcast after hit podcast, and how we continue to grow our leadership position. According to Podtrac’s latest data, not only are we number one overall, but we currently have the most shows featured across all categories, and we have ranked shows featured in all 19 possible categories, the most among all publishers. Let me be clear, podcasting is already a profitable business for us, and has an EBITDA margin that is higher than the overall company margin. Our podcast business is advertiser supported, it’s not subscription based, and it’s not behind a paywall, which enables our creators to share their passion with the widest audience possible, as we distribute their podcast not only on the iHeartRadio app, but across as many other distribution platforms as possible.”

Entercom Closes on $32 Million Acquisition of QL Gaming Group. According to a press release, Entercom Communications’ acquisition of sports data and iGaming affiliate platform QL Gaming Group will give Entercom “unrivaled data, analytics, and insight-driven content to Entercom’s best-in-class sports broadcast stations, influential podcasts, and RADIO.COM.” The QLGG technology portfolio includes sports betting data and analytical capabilities (BetQL), daily fantasy sports (RotoQL), simulation-based sports outcome predictions and game forecasting (AccuScore), and comprehensive analytical coverage of the ATP and WTA Tours (TennisInsight.com), each with respective subscriber base and licensing opportunities. Entercom president and CEO David Field says, “As the sports betting marketplace continues to grow exponentially, the acquisition of QL Gaming Group is a perfect fit for our unrivaled sports audio platform. Integrating QL’s analytics and content with our sports brands enables us to deliver unparalleled experiences for sports fans. The acquisition builds on our track record of digital growth and further enhances our direct-to-consumer technology portfolio with data and analytics capabilities, while also adding an innovative new subscription offering to our platform.” Justin Park, QLGG co-founder and CEO, will continue to lead the business reporting to Entercom president of sports Mike Dee and Entercom chief digital officer J.D. Crowley. Entercom adds that in 2021, under the company’s first full year of ownership, QL Gaming Group is expected to generate approximately $12 million in revenue with an EBITDA margin in the high 20s.

Flag Family Media Partners with Forum Communications to Operate WDAY-AM, Fargo. A deal between Flag Family Media and Forum Communications will give the former “an extensive role in WDAY-AM’s day-to-day operations and provides an eventual path to ownership.” Flag Family Media owns news/talk outlets WZFG, Fargo “AM 1100 The Flag” KTGO, Tioga, North Dakota “AM 1090 The Flag.” Both of Flag Family Media’s principals – Steve Hallstrom and Scott Hennen – have worked at WDAY-AM in the past. Forum president and CEO Bill Marcil, Jr says, “This partnership allows us to focus our attention on our in-depth TV, digital, and print news operations while still sustaining a strong local radio presence in the region. We know Flag Family Media will honor the legacy of WDAY-AM and are looking forward to seeing how they transform our region’s radio experience.” Scott Hennen adds, “This is an extremely significant day for our company, and we look forward to learning from, and working with, some great professionals at WDAY Radio. Steve and I can’t wait to roll up our sleeves and bring some energy and creativity to this legendary radio station.”

WOR, New York’s Michael Riedel Publishes New Broadway Book. WOR, New York morning drive co-host Michael Riedel has released his second book, Singular Sensation: The Triumph of Broadway (Avid Reader Press/Simon & Schuster, 2020), that chronicles “a transformative decade on Broadway, featuring gripping behind-the-scenes accounts of shows such as Rent, Angels in America, Chicago, The Lion King, and The Producers. In this book, Riedel presents the drama behind every mega-hit or shocking flop, bringing readers into high-stakes premieres, fraught rehearsals, tough contract negotiations, intense Tony Award battles, and more. From the bitter feuds to the surprising collaborations, all the intrigue of a revolutionary era in the Theater District is packed into Singular Sensation. Broadway has triumphs and disasters, but the show always goes on. Riedel, who co-hosts the WOR morning show with Len Berman, says, “I’m a newspaper guy who’s become a radio guy. It’s been my great pleasure to host the morning show with Len Berman on WOR for nearly three years. Len spent his life in sports. I spent mine on Broadway. We certainly talk a lot about politics and current events, but variety is the spice of life, so sports and Broadway are always in the mix. Broadway’s going through a tough time right now, but my book, recounts a better time – the 1990s. I have no doubt that Broadway will be back one day, and Len and I will be there to cheer it on.”

TALKERS News Notes. As eyes and ears shift to Georgia for the January 5 runoff elections to decide that state’s two U.S. Senate races, Salem Radio Network talk host Mike Gallagher’s syndicated late morning talk show will “parachute into Georgia in December” as he launches a “Save The Senate” initiative. Gallagher will use Salem’s WGKA-AM, Atlanta “AM920 The ANSWER” as his December base to follow what promises to be the most expensive runoff election in U.S. history. Gallagher says, “This pair of runoff elections in Georgia will be enormously consequential for America. I’m eager to originate my show from the studios of ‘AM 920 The ANSWER’ in Atlanta for a number of days in December, highlighting the dramatic differences between the Republicans and the Democrats in the race. It is all-hands-on-deck for Georgia!”…..The Cincinnati Enquirer reports that Cincinnati Public Radio’s WVXU-FM had to shut down its operations after a staffer tested positive for COVID-19. As a result, the station is without much local content until further notice. It posted to its website: “Our programming is being provided through a national feed with limited local information. We apologize for this inconvenience and are doing everything possible to maintain the service you expect. We will return to normal operations as quickly as it is safe to do so.”…..Cumulus Media’s Westwood One is presenting the 2020 Masters Tournament with exclusive hole-by-hole coverage beginning Thursday (11/12) through Sunday (11/15). The 84th Masters Tournament from Augusta National Golf Club is being played in November for the first time…..San Francisco public news/talk personality Michael Krasny is retiring from his position with KQED-FM where he’s been host of the late morning “Forum” program for almost 30 years. His last program will be on February 15, 2021. He says, “I want to thank all of the listeners, guests and exceptional colleagues I’ve had the great fortune to encounter over the years as host of Forum. I’ve been unusually fortunate to sustain such a long career serving the Bay Area in a role that allows me to participate in such rich and thoughtful conversations about the topics of our times.”

Biden Transition Process/Trump Refuses to Concede, Barr Orders ‘Irregularities’ Investigations, COVID-19 Stats & Projections, Pfizer Vaccine, SCOTUS Obamacare Case, Trump Fires Esper, and Georgia Runoff Elections Among Top News/Talk Stories Yesterday (11/9). President-Elect Joe Biden proceeds with the transition process while President Trump refuses to concede the election; Attorney General Bill Barr orders Justice Department election crimes office to investigate voter “irregularities”; the fast-rising number of COVID-19 cases in the U.S. and in Europe and projections for fall and winter cases; Pfizer announces its COVID vaccine is 90% effective; the Supreme Court begins hearing arguments on the Affordable Care Act; President Trump fires Defense Secretary Mark Esper and appoints Christopher Miller acting secretary; and the January runoff elections for Georgia’s two U.S. Senate seats were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. Country radio on-air pro Brooke Taylor is named midday host at iHeartMedia’s WSIX-FM, Nashville “The BIG 98.” Taylor was most recently with the company’s Chicago country station “BIG 95.5” until that station’s recent flip to a rock format. Taylor will continue to host the night show for iHeartMedia Denver’s “107.7 The Bull” and broadcast on several iHeartCountry stations across the country. She says, “When I set out to work in country music, one of the first things I prayed for was to be in Nashville one day, and the fact that this is becoming a reality is honestly a dream come true. I can’t wait to join an already incredible team at ‘The BIG 98’ and to represent the iHeartCountry brand.”…..Alpha Media Lincoln names Joe Dobbins, a.k.a. JDub, content director for CHR KFRX. JDub comes to Lincoln from Alpha’s CHR WDJX, Louisville where he was content director and afternoon show host. Alpha Media Lincoln operations manager Rob Kelley comments, “Joe is an outstanding programmer with outstanding vision. He is the perfect leader for our staff and for the brand of a great heritage CHR like KFRX.”…..iHeartMedia’s nationally syndicated “The Breakfast Club” announces that its fourth annual #Change4Change broadcast will feature a day of giving to help listeners in need. Traditionally a radiothon, this year’s event will grant wishes to listeners experiencing hardship. #Change4Change will broadcast on Thursday, November 19, 2020 on hip hop WWPR, New York “Power 105.1” and across more than 77 affiliates of “The Breakfast Club.”…..WXKB, Fort Myers “B103.9FM” morning personality and Army veteran Jason “Big Mama” Jones, in conjunction with ABC 7, raising awareness and support for Home Base Southwest Florida Veteran and Family Care on Veterans Day (11/11). Jones also hosts Beasley Media Group’s “Bravery Network,” a weekend program dedicated to shining a light on important issues and services available for veterans and their families. He says, “I am very excited about this partnership. Being able to use the power of radio and television to help raise awareness and money for the veterans of Southwest Florida. I am planning some ‘star’-studded guest for the day that will not only make show informative but very entertaining as well.”…..The CHR evening show “Party LiveLine!” partners with Sun Broadcast Group effective immediately. The program was created by John Garabedian and his hosted by Mason Kelter. SBG chief development officer Rich O’Brien says, “Broadcasters are worried about the loss of TSL among 18-34-year-olds, who spend extraordinary amounts of time with streaming services on their mobile devices. Add to this the negative effects which RIFs and voicetracking have had on the ratings of Top 40 stations, and until now there were no good alternatives. That’s why we are so excited to be offering this breakthrough Top 40 night show which is 100% live and interactive.”

Monday, November 9, 2020

| November 9, 2020

Pending Business: Sales Lessons from the Election Cycle. Sales and marketing pro Steve Lapa, president of Lapcom Communications Corp, writes in today’s column that presenting a concise, targeted message of your station’s benefits to prospects is crucial to making the sale and is ultimately more important than how many prospects you toss into the hopper. Read his column here.

Biden Declared 46th President/Trump Refuses to Concede, Georgia Runoff Elections, COVID-19 Stats & Projections/Vaccine, the Economy/Stimulus Deal, Tropical Storm Eta, and Alex Trebek Dies Among Top News/Talk Stories Over the Weekend. Democratic challenger Joe Biden is declared the winner of the 2020 presidential election and President Trump’s refusal to concede the election; the January run-off elections for Georgia’s two U.S. Senate seats; the rising number of COVID cases in the U.S. and Europe, projections for the fall and winter months, and Pfizer’s announcement that its COVID vaccine appears to be 90% effective; the state of the U.S. economy and anticipation of a new stimulus deal; the arrival of Tropical Storm Eta in Florida; and longtime “Jeopardy!” host Alex Trebek dies among top news/talk stories over the weekend, according to ongoing research from TALKERS magazine.

Monday Memo: 20-20 News. With the holidays looming, and as we are prepping perennial year-end retrospectives, it’s easy to wonder what-the-heck-NEXT? In this week’s column, consultant Holland Cooke offers a wider-angle shot, and simple suggestion for radio. Read it here.

Townsquare Media Q3 Net Revenue Down 15.3%. Third quarter earnings from Townsquare Media indicate the company is weathering the COVID-19 pandemic better than some of radio’s larger firms. Net revenue for the third quarter of 2020 was $95.4 million, a decrease of 15.3% from the same period in 2019. While advertising revenue was down $16 million or 17.2%, Townsquare Interactive net subscription revenue increased $2.3 million, or 14.5%, to $18.2 million. For obvious reasons, live events net revenue decreased $3.5 million, or 98.2%, to $0.1 million. Townsquare was able to post net income of $1.3 million for the quarter (compared to the $7.3 million in net income in Q3 2019) whereas many broadcasting companies are posting losses for the quarter. Townsquare CEO Bill Wilson says, “I am proud to share with you today that Townsquare’s third quarter results exceeded our expectations, driven by sequential net revenue improvement throughout the quarter as our business continued to accelerate despite the impact of the COVID-19 pandemic. Third quarter net revenue improved to a decline of -15.3%, as compared to the third quarter of the prior year, which was up from a decline of -34.5% in the second quarter. This translated to a strong increase in Adjusted EBITDA from $2.1 million in the second quarter to $17.5 million in the third quarter. Our better than anticipated third quarter results were due to gains in both our Townsquare Interactive and Advertising segments. Townsquare Interactive, our digital marketing subscription business, has delivered net subscription revenue and subscriber growth each and every month of 2020, demonstrating its recession-resistant characteristics and proving to be valuable and a tremendous resource to local businesses. In the third quarter, Townsquare Interactive’s net revenue increased 14.5% over the prior year period, at an Adjusted Operating Income margin in excess of 30%, and added approximately 1,150 net subscribers, marking the 10th consecutive quarter of 850 (or more) net subscriber additions and the most quarterly net subscriber adds in nearly six years. Improvement across our Advertising segment was broad based, as revenue declines improved from -37.5% in the second quarter to -17.2% in the third quarter, each as compared to the prior year. Broadcast advertising net revenue sequentially improved throughout the quarter, with and without political revenue, and digital advertising net revenue returned to growth in the third quarter, driven by positive net revenue growth from Townsquare Ignite (+10% year over year), our digital programmatic advertising solution, and AMPED (+9% year over year), advertising revenue associated with our owned and operated local websites. In total, our digital net revenue exceeded 44% of our total net revenue in Q3 2020, and we remain confident that Townsquare Interactive and Townsquare Ignite will each generate $100 million of annual net revenue in two to three years… Although 2020 has been a challenging year, we are proud that we did not need to alter our core strategy.  Rather, we believe the pandemic has allowed us to separate from our local media peers by placing a spotlight on the success of our strategy.  Our focus on underserved small and mid-sized local markets, our investment and commitment to our ‘Local First strategy, and our investment in world class personnel, technology and infrastructure that allowed us to build a strong digital platform with best of breed products, services and solutions that contributes 44% of our total revenue, have all contributed to our ability to mitigate revenue declines and manage quite effectively through this downturn. We believe these actions will position Townsquare to quickly emerge from this crisis and return to our market leading performance quickly once this crisis abates.”

iHeartMedia Cuts Hit WLW, Cincinnati’s Steve Sommers. WVXU, Cincinnati’s John Kiesewetter reports that longtime “America’s Truckin’ Network” host Steve Sommers is a victim of the current downsizing taking place at iHeartMedia. The overnight program has aired on WLW, Cincinnati since it was launched by Sommers’ father, Dale “Truckin’ Bozo” Sommers, in 1984. As Kiesewetter notes, Steve Sommers joined his father on the program in 1996 and took over the program in 2004. Sommers posted to Facebook: “I have been DISMISSED from I-Heart Radio… I’m sorry my friends… 2020 is a bitch!!! I will not have a chance to say GOOD-BYE!!! Thanks for 25 years of friendship!!” It’s unclear what the status of the overnight program is as the “America’s Truckin’ Network” – along with Sommers’ photo – is still listed on the WLW website.

TALKERS News Notes. Washington, DC’s WTOP is partnering with longtime market crime reporter Paul Wagner for a new podcast titled, “Murder in a Safe Place.” Wagner has worked for WTTG-TV “FOX5 News” for the past 20 years covering cases including the murder of Congressional intern Chandra Levy to the Mansion Murders and the police-involved shooting of motorcyclist Terrence Sterling. He served as a reporter at WTOP from 1989 to 1999. In this series, Wagner examines a local cold case from 22 years ago: the murder of Sherry Crandell, a 50-year-old hospital worker who was brutally assaulted and later found dead in her office at Prince George’s Hospital Center. WTOP director of news and programming Julia Ziegler says, “Paul is a part of the WTOP family, and we are so excited to partner with him on this project. This 22-year-old cold case is a horrific and baffling one that will have listeners asking questions. Our hope is that through the reach of this podcast, we can bring closure to this case and the Crandell family.”…..iHeartMedia and the Malcolm Gladwell and Jacob Weisberg-co-founded Pushkin Industries enter into a co-production and distribution agreement that will make iHeartMedia the exclusive sales partner for Pushkin’s catalog of podcasts that includes “Revisionist History,” “Broken Record,” “The Happiness Lab with Laurie Santos,” and many others. As part of this deal, iHeartMedia and Pushkin Industries will co-produce a slate of new, original podcasts over the next two years. Gladwell says, “We started Pushkin to share the joy Jacob and I have found in creating and producing podcasts. Working with the team at iHeart will allow us to spread this joy at an even bigger scale.”…..AdLarge Media and National Sports Network unveil their slate of NCAA basketball games for the 2020-2021 season for radio. Last month, AdLarge was announced as the exclusive ad sales partner for the NCAA basketball games on the National Sports Network. The networks will air the Creighton Bluejays vs the Kansas Jayhawks on December 8 and the Gonzaga Bulldogs taking on the Iowa Hawkeyes on December 19.

Music Radio News and Career Moves. Programming pro Zannie Glover, a.k.a. Zannie K, is named program director for Beasley Media Group’s hip hop WMGC “105.1 the BOUNCE” and urban contemporary WDMK “105.9 KISS-FM,” effective December 1. Zannie K was most recently program director at non-commercial KMOJ-FM, Minneapolis as well as was the associate program director and nationwide night talent for Westwood One’s classic hip hop format…..Urban One Columbus enters into a Local Marketing Agreement with Southern Ohio Broadcasting to operate WWCD-FM, Columbus and launches a regional Mexican/tropical format branded as “La Grande 102.5 FM.” Urban One RVP Eddie Harrell Jr. says, “We are pleased to expand our footprint again in Central Ohio by reaching the fastest growing segment of the population, inclusive of the Mexican community and growing Central and South American communities. Combined with our African American targeted radio/television assets, we are now the largest single source provider of content to African Americans and Spanish speaking residents in Central Ohio.”…..Entercom’s rock outlet KISW-FM, Seattle is presenting the sixth annual “Live Day” tomorrow (11/10). This year’s completely live, virtual event will feature broadcasts of the station’s morning show “BJ & Migs” and afternoon show “The Men’s Room” with no recorded commercials, sound effects or music. Fifteen bands from across the Northwest and multiple voices from across the country will perform throughout the 12-hour program. KISW brand manager Dave Richards says, “For the KISW audience, 2020 wouldn’t be complete without the annual entertainment spectacular, ‘Live Day.’ This year, every artist and performer will participate virtually and distanced. Thank you, technology.”

Friday, November 6, 2020

| November 6, 2020


NOW POSTED:  This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.”   The latest installment of the vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted. This new episode titled “The Envelope Please!” looks back at this past week of November 2 – November 6, 2020.  The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS; Brett Winterble, talk show host, WBT, Charlotte; Graham Mack, talk show host, Podcast Radio, London, UK; Dr. Renee Kohanski, psychiatrist / commentator, MDedge Psychcast; Michael Zwerling, talk show host / owner, KSCO, Santa Cruz, CA; and Walter Sterling, talk show host, “Sterling On Sunday.” This acclaimed news/talk radio show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; WVLY, Wheeling, WV; WTRW-FM, Scranton/Wilkes Barre, PA; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; WGDJ, Albany, NY;  WJFN-FM, Richmond, VA; WZFG, Fargo; KTGO, Tioga, ND; KWAM, Memphis; K-NEWS, San Luis Obispo; WCHM, Clarkesville, GA;  WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; the Virginia Talk Radio NetworkCRN Digital Talk Radio NetworkPioneer Valley Radio, Springfield, MA; Podcast Radio, UK and many more.  To listen to this week ’s episode, please click here. To view the latest TALKERS magazine topic research, please click here.  “The Michael Harrison Wrap” is now available in syndication via Talk Media Network to stations across America on a market exclusive basis. For affiliation information, please click here or call 616-884-8616.

Entercom and Urban One Announce Station Swap Involving Four Markets. A swap between Entercom and Urban One encompasses stations in three markets. Under the terms of this deal, Entercom acquires WPHI-FM, Philadelphia; WHHL-FM, St. Louis; and WTEM-AM, Washington, DC. Also, Entercom gets the format, brand and creative assets of Urban One’s WFUN-FM, St. Louis “The Lou” which will be moved to Entercom’s KNOU-FM, St. Louis. In return, Urban One acquires Entercom’s Charlotte cluster that includes news/talk WBT-AM/FM, sports talk WFNZ-AM, and hot AC WLNK “107.9 The Link.” Both companies will begin operating their respective acquisitions under LMAs beginning November 23. The addition of WTEM-AM, Washington “The Team 980” gives Entercom a second sports talk outlet in the DC market, complementing WJFK-FM “106.7 The Fan.” Entercom DC SVP and market manager Ivy Savoy-Smith says, “For years, WTEM has established itself as the go-to home for everything surrounding The Washington Football Team, and we’re proud to enhance our position as unrivaled leaders in sports radio by adding the station to our portfolio. The Washington Football Team is a pillar in the D.C. sports community, and we look forward to providing our listeners a home to tune in to all the action on game days and stay up-to-date throughout the year.”

Entercom-Urban One Deal Gives All-News KYW, Philadelphia an FM Presence. With Entercom’s acquisition of Philadelphia FM signal WPHI from Urban One, Entercom announces it will simulcast heritage all-news KYW-AM on the 103.9 FM signal. Entercom Philadelphia SVP and market manager David Yadgaroff comments, “In this critical time for our community and country, simulcasting the iconic ‘KYW Newsradio’ on FM will greatly expand the reach of important, credible local journalism and enhance the listener experience on the crystal-clear FM dial. This station is the heartbeat of the community and we’re really excited about serving more listeners while providing additional access on top of 1060 AM, RADIO.COM, and smart speakers. The simulcast will begin on November 23.

Entercom’s 2020 Q3 Net Revenue Down 30%. On the positive side, Entercom Communications’ net revenue for the third quarter of 2020 was $268.5 million and that was up 53% from the second quarter of this year. However, that was 30% below the $386 million posted in the third quarter of 2019. The company notes that net revenues improved each month during the third quarter compared to the prior year: July was down 36%, August was down 32% and September was down 25%. Digital climbed 41% over the same period in 2019, posting revenue of $47.3 million. Entercom reports a third quarter operating loss of $259,000, compared to operating income of $79.5 million in Q3 of 2019. Entercom CEO David Field states, “I am pleased to report that Entercom continued to make significant organizational improvements in the third quarter in the face of the deeply challenging pandemic. Third quarter net revenues were up 53% from the second quarter while our continuing work on enhancing our business model yielded an 18% reduction in operating expenses versus the prior year enabling us to rebound to positive Adjusted EBITDA of $31 million. We expect further improvement in both revenues and Adjusted EBITDA in the fourth quarter. We continue to suffer from the deep impact of the pandemic which has caused many of our advertisers in businesses such as concerts and live events, tourism, gyms, nightclubs, museums, movies, theme parks, public transportation, airlines, restaurants, and others to temporarily cease or significantly curtail their operations and advertising. We look forward to welcoming them back once we emerge from the pandemic. We continue to build and transform Entercom into a leading multi-platform audio content and entertainment company with scaled audience reach, robust data, analytics and attribution capabilities, and a leadership position in virtually every segment of the dynamic and growing audio market, including broadcasting, podcasting, digital, events, network, music, sports and news. Entercom is strategically well positioned for future performance as our enhanced capabilities enable us to expand our customer relationships and accelerate growth.”

Cumulus Promotes Ken Roberts to Market Manager for Washington, DC. Rising from his vice president, sales position with Cumulus Media’s Washington, DC duo to vice president and market manager is Ken Roberts. He takes over for Jake McCann, who exits to lead the Philadelphia-based real estate investment firm The HOW Group, LLC. Roberts will lead the duo of news/talk WMAL-FM and sports talk WSBN-AM “ESPN 630 The Sports Capital.” Cumulus Media EVP of operations Dave Milner says, “Since joining the Cumulus team in 2016, Ken Roberts has done a terrific job leading our sales effort in Washington, D.C. His creativity, experience, leadership, and performance made Ken the ideal choice for this key role. Ken has earned this promotion and we are excited to have him lead this highly talented and effective D.C. team!”

Twitter Permanently Suspends Stephen K. Bannon’s Account. Former White House chief strategist, former Breitbart chief executive, current talk media host Stephen K. Bannon has had his Twitter account permanently suspended after he tweeted that President Trump should fire Dr. Anthony Fauci and FBI Director Christopher Wray and then went further, “I’d put the heads on pikes. Right. I’d put them at the two corners of the White House as a warning to federal bureaucrats. You either get with the program or you are gone.” At the same time, Facebook shut down the page of the pro-Trump group Stop the Steal. A Facebook spokesperson commented to CNN, “In line with the exceptional measures that we are taking during this period of heightened tension, we have removed the group ‘Stop the Steal,’ which was creating real-world events. The group was organized around the delegitimization of the election process, and we saw worrying calls for violence from some members of the group.”

The Presidential Race, Electoral College, and Trump Lawsuits Tie for Top News/Talk Story This Week. The 2020 presidential election, the Electoral College, and Donald Trump’s lawsuits combined as the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was congressional races, local races, and propositions, followed by COVID-19 stats & projections and health care at #3. The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

TALKERS News Notes. Based on Nielsen data, Newsmax TV broke its previous ratings records with Tuesday’s election night coverage. Newsmax Media says Newsmax TV reached 3 million viewers with the highest per minute viewership at 592,000 viewers. Moreover. Initial OTT reports indicate the network reached an additional 4 million viewers on Election Day and the day after on OTT services such as Roku, YouTube, Xumo, Pluto and others…..The St. Louis Post-Dispatch’s Dan Caesar reports that the sale process of sports talk KFNS-AM, St. Louis is ongoing despite owner Randy Markel’s belief that he and his wife have contracted COVID-19. Markel is selling the station to a group led by current station manager John Hadley. Markel tells the paper that the process is in the hands of the lawyers now and that the deal “will get done.” Hadley is currently tweaking the station to be a true all-sports outlet. Several weeks ago it ended its deal with general issues talker Frank O. Pinion who’d been hosting the afternoon drive daypart…..iHeartMedia receives approval from the Federal Communications Commission for an increase in its authorized aggregate foreign ownership from 25% to 100% (subject to certain conditions set forth in the Declaratory Ruling). The FCC concludes that the public interest would not be served by prohibiting foreign investment in iHeartMedia of up to 100%. The decision allows holders of iHeartMedia warrants to have those warrants exchanged into Class A or Class B shares of iHeartMedia common stock and affords iHeartMedia flexibility to accommodate increased foreign investment that may result from share purchases by the public…..Alec Baldwin’s “Here’s The Thing” podcast is joining iHeartMedia’s iHeartPodcast Network in January. Baldwin says, “With the shift over to iHeartRadio, we’re breathing new life into a project I’ve been passionate about for nearly a decade. Hosting this show and speaking to so many remarkable people over the years has been such a joy, and I’m eager to see where we go from here.”…..Beasley Media Group unveils the Bravery Network in the Ft. Myers market.  The weekend public affairs radio program is hosted by CHR WXKB “B103.9” morning show personality and Army veteran Jason “Big Mama” Jones and is dedicated to shining a light on important issues ranging from PTSD and wellness to saluting Veterans who are making a difference in the local community. Jones says, “Florida has one of the largest veteran populations in the United States. As an Army veteran, I know first-hand the importance of finding resources after service can be both complicated and unique. The Bravery Network hopes to not only streamline these resources but bring awareness to those who don’t know about the struggle of reintegration into society.”…..The Library of American Broadcasting Foundation announces its 2020 Board of Directors. Heidi Raphael, chief communications officer at Beasley Media Group, is named co-chair, effective immediately. She joins Hubbard Radio CEO Ginny Morris as co-chair of the organization. Pierre Bouvard, Gary Chapman, Erica Farber, David Kennedy, Dr. Judy Kuriansky and Heidi Raphael have been re-elected to a three-year term on the Board of Directors. In addition, Ginny Morris, Gary Chapman, David Kennedy and Jack Goodman will continue to serve additional two-year terms on the Executive Committee.

Music Radio News and Career Moves. A collaboration between Beasley Media Group and Broken Bow Records will result in their first-ever virtual “Country Christmas Concert.” The event will take place on Wednesday, December 16 at 8:00 pm on Beasley’s WKXC-FM, Augusta, Georgia; WKLB-FM, Boston; WSOC-FM, Charlotte; WKML-FM, Fayetteville; KCYE-FM, Las Vegas; WXTU-FM, Philadelphia; and WQYK-FM, Tampa. Beasley says the show will be hosted by local station personalities in an “up-close-and-personal setting.” Artists scheduled to perform include: Dustin Lynch, Chase Rice, Jimmie Allen, Runaway June, Elvie Shane, and Lainey Wilson…..Cox Media Group San Antonio names Craig Jones director of sales for the cluster that includes: classic hits KONO-FM, rock KISS, country KKYX-AM/K285EU, hot AC KSMG, classic rock KTKX-FM, country KCYY, and oldies KONO-AM. CMG San Antonio VP and market manager David Able says, “Craig is an influential leader who has a long track record of success leading highly talented sales teams within our industry. I have no doubt that under Craig’s leadership our sales team will thrive and continue to deliver strong results for our clients.”

Thursday, November 5, 2020

| November 5, 2020

Cumulus Media’s Q3 Financial Report Reveals Net Revenue Down 30.1%. Reporting its earnings for the third quarter of 2020, Cumulus Media says net revenue was $196.4 million, a decrease of 30.1% from the same period in 2019. The company also reports a net loss of $15.8 million compared to the $16.3 net income reported for the third quarter of 2019. Same station net revenue was $196.4 million, a decrease of 29.4% from Q3 of 2019. Cumulus Media president and CEO Mary Berner says, “In the third quarter, the company continued to focus on maximizing revenue performance, executing meaningful expense reductions, protecting cash through efficient working capital management and strengthening our balance sheet. Despite the extraordinary challenges of operating through a pandemic, we have reduced debt by $269 million and increased cash by $316 million since emerging from bankruptcy in 2018 (a net debt reduction of more than $585 million or 46%.) We believe that these actions, along with record-setting political revenues, will allow us to navigate through and emerge from the COVID-19 crisis with considerable ability to support our growth initiatives and capitalize on strategic and operating opportunities in 2021 and beyond.”

Bakersfield Talk Radio Personality Inga Barks Dies. According to a report by KERO-TV, Bakersfield, former market talk radio personality Inga Barks has died unexpectedly at age 53. At this point details are few, but it appears Barks passed away on November 4. KERO-TV quotes Barks’ friend Cindy Andrews – who worked with Barks at American General Media news/talk outlet KERN-AM – saying, “I am deeply saddened over the death of my former coworker and friend, Inga Barks. Not only was she a talented talk show host, but she was also very devoted to her family. We shared many laughs and unique experiences as female broadcasters for American General Media. She will be missed by many.” You can see KERO-TV’s report that includes tributes from former co-workers – including KMJ, Fresno’s Blake Taylorhere.

WTIC-AM, Hartford Morning Co-Host Joe D’Ambrosio to Leave Station in June. According to an account in the Hartford Courant, WTIC-AM, Hartford morning drive co-host Joe D’Ambrosio says he’s frustrated with his “inability to speak his mind on the air and will leave his position when his contract expires in June.” The paper reports that D’Ambrosio told co-host Ray Dunaway, “At this radio station at this time, I’m not allowed to let my opinions be known. I’ve told management, when my contract is up in June, my time with WTIC will be over.”  It’s not clear if D’Ambrosio is upset with a directive from management or just with the general tenor of host and caller opinions. Reporter Susan Dunne says that when reached later, D’Ambrosio declined to elaborate on his comments.

PPM Analysis: News/Talk. TALKERS magazine managing editor Mike Kinosian presents a look at the performances of radio stations based on data from Nielsen Audio’s October 2020 PPM survey, today focusing on the news/talk format. Over the last eight PPM surveys going back to March, the global pandemic, racial tensions/protests, and the election year have provided the news/talk format with ample hot-button issues to discuss and the format’s performance has improved over the same period in 2019, based on Nielsen’s 6+ weekly AQH share data. In the October 2020 survey, 61% of news/talk stations were up over the September 2020 survey with gainers being led buy iHeartMedia’s KFYI, Phoenix (+1.4) and Bonneville’s KSL-FM, Salt Lake City (+1.3). Comparing year-over-year data, 68% of news/talk stations were up in October 2020 compared to October 2019 with gainers being led by iHeartMedia’s WISN, Milwaukee (+6.2), KNRS-FM, Salt Lake City (+4.4), and WCBM Inc’s WCBM, Baltimore (+3.7). In the October 2020 survey, seven news/talk stations ranked #1 (6+) in their respective markets. Find out which stations were ranked #1 by reading Mike Kinosian’s complete report here.

Mid-West Family Madison Donates $900k in Advertising. The Madison, Wisconsin station group of Mid-West Family Broadcasting gave $900,000 in free advertising (more than 31,000 commercials) to hundreds of local businesses affected by the COVID-19 pandemic between March 21 and July 21 through its “NOW OPEN” program. Mid-West Family Madison president Tom Walker says, “Our company was formed in Madison, we’ve been here for 91 years, and our commitment to the community and local businesses is our top priority. ‘NOW OPEN’ gave us the chance to connect businesses with consumers when they needed it most.”

Report: ESPN to Lay Off 300. According to a report by Andrew Marchand in the New York Post, sports giant ESPN is laying off 300 staffers and will not fill some 200 positions that had been open. This comes as parent company ABC/Disney deals with the effects of the pandemic and the changes in media consumption behavior. Marchand’s report indicates that the cuts will be “spread across the network” but will largely spare on-air personalities. Marchand adds, “As is the case across Disney, ESPN is trying to shift more of its business to direct-to-consumer. It has created ESPN+. It had reported 8.5 million subscribers as of this summer. The pandemic has also created new ways to deliver programming with less people.”

The Road to 270 Electoral Votes/Promised Legal Challenges, Portland Violence, COVID-19 Stats & Projections, European Lockdowns, New Islamic Terror Threats, U.S. Exits Paris Climate Accord, Prop 22 Passes in California, Watch on Hurricane Eta Among Top News/Talk Stories Yesterday (11/4). The counting continues as Donald Trump and Joe Biden each hope to reach the 270 electoral vote threshold to claim victory and the gearing up of legal challenges to some states’ vote totals; the National Guard is called in to Portland, Oregon after a riot is declared; the rapidly rising number of COVID-19 cases in the U.S. and projections for the fall/winter seasons; the lockdowns being ordered in numerous European nations to combat the rising number of COVID cases; concerns about new terror attacks by actors sympathetic to the Islamic State; the United States officially exits the Paris Climate Accord; California passes Proposition 22 which allows Uber and Lyft to treat drives as contractors and not employees; and the possibility that Hurricane Eta will gain steam and head for Florida were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. The Rock & Roll Hall of Fame and iHeartMedia are teaming up for an exclusive podcast partnership for the series “Rock & Roll Hall of Fame Induction Vault” that will debut Friday (11/6), the day before the 35th Annual Rock & Roll Hall of Fame Induction Ceremony airing on November 7 on HBO. The series covers iconic induction speeches and will debut with The Beatles inducted by Mick Jagger, N.W.A inducted by Kendrick Lamar, The Eagles inducted by Jimmy Buffet, and Stevie Nicks inducted by Harry Styles. New episodes will premiere every Friday through the end of the year and a second season will premiere in early 2021. iHeartPodcast Network president Conal Byrne says, “Over the past 35 years, the Rock & Roll Hall of Fame Induction ceremonies have become renowned for their impassioned and sometimes outrageous acceptance speeches. We’re thrilled to bring the most iconic moments of past and present music infamy to fans around the world and continue to share what’s made the event special in the past and for years to come.”

Wednesday, November 4, 2020

| November 4, 2020

POST-ELECTION DAY UNCERTAINTY: News/Talk Media Braces for Even Further Polarization.  As indicated yesterday in TALKERS, news/talk media programmers and on-air hosts are contemplating what life will be like after the election (see story below), weighing the impact various potential scenarios will have upon their positioning and preparing themselves for inevitable changes in the political landscape. In this era of targeting audiences based on their political predisposition, or what TALKERS founder Michael Harrison yesterday (11/3) described as “the daily dance of affirmation,” the results of this election could have a profound impact on the ideological stances of talk show hosts going forward. Now, a day later, at the time of the posting of this item, the final result of the election is still undetermined as the nation awaits accurate counts in several battleground states. Harrison, notes, “We now know one extremely important thing that wasn’t certain yesterday – there will be no blow out.  There will be no so-called blue or red wave.  There will be no clear-cut confirmation of a basic direction agreed upon by an obvious majority of Americans. That means more, not less, polarization and the further intensification of fear, anger, and political tribalism. One of the greatest obstacles to creating viable objective journalism and social healing in such an environment is the prevailing attitude, ‘if you are not with us, you are against us.’”

Saga Communications Q3 Revenue Rises Dramatically from Q2; Still Down 26% from Q3 in 2019. Reporting on its revenue for the third quarter of 2020, Saga Communications says, “Third quarter revenue and related net income continue to be materially impacted by disruptions to businesses and service providers activities due to the COVID-19 pandemic. From the net revenue low point in April the company’s revenue has significantly increased in each of the following months. The company continues to concentrate on new revenue strategies and enhanced engagement with its existing and new advertisers.” Saga’s net revenue for Q3 2020 was $24.1 million, a 43.1% increase over Q2 of 2020 but 26% lower than the $31.3 million reported in Q3 of 2019. Station operating income was $6.1 million for the quarter, a decrease of 42% from the same period in 2019. Station operating expense decreased $4 million to $19.6 million for the quarter compared to the same period last year. Operating income was $247,000 and Saga took a net loss of $950,000 for the quarter, compared to the gain of $3,3 million it reported in the third quarter of 2019. Among the publicly traded U.S. radio companies, Saga Communications is positioned well going forward as it has $49.8 million in cash on hand as of November 2, 2020. Its total bank debt is just $10 million as of the end of the quarter.

Country WCOL-FM, Columbus PM Jock Brandon Boxer Doubles Up to Host Mornings on News/Talk WTVN-AM. Columbus Business First reports that iHeartMedia has filled the morning show host role at news/talk WTVN-AM, Columbus with Brandon Boxer, currently the afternoon host and assistant program director at sister country station WCOL-FM. Boxer replaces Joel Riley, who along with producer Tom Schmid were laid off in this latest round of staff culling at the company. Boxer will continue in his roles with WCOL. He tweeted on Monday: “Today was a tough one for some of my colleagues & very sad. I feel very weird announcing this, but tomorrow I begin a new journey hosting mornings on [610 WTVN]. It’s extremely bittersweet & I’m scared to death, but here we go.”

Jason Lewis Comes Up Short in U.S. Senate Race. Former Minneapolis talk radio host Jason Lewis (also a former GOP congressman from Minnesota) was unsuccessful in his bid for the U.S. Senate seat held by Tina Smith. She won the special election to fill the seat vacated by Al Franken in 2017 and was running against Lewis for her first full, six-year term. Lewis began his talk radio career as a weekend host on KOA-AM, Denver. He worked in the Twin Cities market as a talk host at KSTP and KTLK. His talk show was eventually syndicated by Premiere Networks and Genesis Communications Network. He’d also served as a talk host at WBT-AM/FM, Charlotte.

PPM Analysis: Sports Talk. TALKERS magazine managing editor Mike Kinosian presents a look at the performances of radio stations based on data from Nielsen Audio’s October 2020 PPM survey, today focusing on sports talk. The transition from the September PPM survey to the October PPM survey was good for sports talk radio as 65% of sports talk stations were up (6+ weekly AQH share) compared to the 18% that were down and the 17% that were flat. Gainers were led by iHeartMedia’s KFXN-FM, Minneapolis “K-FAN” (+2.9); Cumulus Media’s WGFX-FM, Nashville “104.5 The Zone” (+2.4); and Cumulus’ KTCK-AM/FM, Dallas “The Ticket” (+2.1). However, a look at year-over-year numbers gives us a look at just how far many sports talk stations fell due to the COVID-related shutdown of live sports as 72% of sports talk stations in PPM markets were down compared to the October 2019 survey and just 22% improved. Those stations showing growth were led by KTCK-AM/FM, Dallas (+2.3); KFXN-FM, Minneapolis (+1.4); and Cumulus’ KNBR, San Francisco (+0.9). KFXN-FM was the only sports talk outlet to rank #1 in its market during the October 2020 PPM survey. See Mike Kinosian’s complete report here.

Election Day, COVID-19 Stats & Projections, the Economy & Financial Markets Activity, State Marijuana Votes/Oregon Decriminalizes Hard Drugs, IS-Inspired Terror Attacks, and China Halts Ant Group IPO Among Top News/Talk Stories Yesterday (11/3). The presidential election between Donald Trump and Joe Biden, as well as the races for U.S. Senate and U.S. Rep seats; the U.S. economy and the election day activity in the world’s financial markets; several states vote to legalize marijuana and Oregon decriminalizes small amounts of hard drugs; the Islamic State-inspired terror attacks France, Vienna, and Kabul; and the Chinese government stops the IPO of Jack Ma’s Ant Group were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. Detroit radio personality Mark “Meltdown” Milligan is celebrating his 25thanniversary at Beasley Media Group’s rock WRIF-FM. “Meltdown” began his career with the station on November 1, 1995 as the overnight jock. He later moved to the evening show host role and in February of 2009, he replaced Detroit legend Arthur Penhallow as the afternoon drive personality. Beasley Media Group Detroit director of programming Scott Jameson says, “One of the reasons legendary brands become ‘legendary’ are personalities that over time, develop a true connection and deep bond with the audience. In the nearly 50-year history of WRIF there have been two afternoon drive jocks. ‘Meltdown’ continues the rich legacy of outstanding air talent on WRIF. Congratulations on your 25th!”…..Service Broadcasting Group is looking for a high-profile entertainer to join the cast of the KKDA, Dallas “K104”-based “DeDe in the Morning” show that is nationally syndicated via Compass Media Networks. Service Broadcasting Group head of content George “Geo” Cook and #TeamDeDe are launching a national talent search for an entertainer, influencer, and storyteller who can collaborate with host DeDe McGuire and lead co-host Lady Jade to add their own authentic personality and powerful point of view to “DeDe in the Morning.” Email your video expressing why you are our next big star, along with your resume package, including an audio demo (aircheck), social media links, and podcast audio clips to SBG HR manager Debbie Henry at debbie.henry@K104fm.com. EOE.

Tuesday, November 3, 2020

| November 3, 2020

Beasley Media Group Third Quarter Report: Net Revenue Down 25%. The first radio company to report 2020 third quarter financial results is Beasley Media Group which reveals net revenue for the period was $49.6 million, down almost 25% from the $66.1 million reported in the third quarter of 2019. Obviously, the dramatic decrease is the result of a loss of advertising revenue due to the coronavirus pandemic. The company reports operating income of $0.8 million, down from $9.4 million in Q3 of 2019. Beasley reports a net loss of $2.7 million for the quarter compared to the net income of $3 million realized in the third quarter of 2019. Station operating income was $8.1 million, a little less than half of the $16.7 million in SOI reported in the third quarter of 2019. Beasley CEO Caroline Beasley states, “The strong recovery of our business continued in the third quarter of 2020. It is clear that the immediate actions we took to address the pandemic, including reducing station operating expenses, headcount reductions, furloughs, and negotiated discounts with landlords, service providers and partners have contributed to Beasley’s ability to rebound quickly. This focus, combined with the resumption of advertising in key categories, the experience of our teams who have managed through previous economic challenges, the quality of our content, and the role we play in the communities we serve, have all contributed to our ability to turn the corner as evidenced by the positive SOI recorded in the 2020 third quarter. Throughout the third quarter our sales teams drove monthly sequential revenue improvements with July up 8% over June, August up 24% over July and September rising 22% over August. Total net revenue for October increased in the low- to mid-single digits, and November revenue is currently pacing down in the low teens. In addition to the resumption of advertising in key categories and the benefit of the political cycle, Beasley generated continued positive results from its digital and esports investments, which have been less impacted by the pandemic. Third quarter digital revenue rose 1.8% year-over-year to $5 million and our new esports operations generated approximately $500,000 of revenue during the period. Digital revenue accounted for approximately 10.1% of total third quarter revenue, compared to 7.4% of total revenue in the prior year period. Reflecting our initiatives to address the pandemic, including reducing operating expenses and corporate overhead and realigning our company-wide cost structure, Beasley’s third quarter total operating expenses declined by 15.9% and the company expects to reduce its operating expenses through year-end by more than $32 million compared to our 2020 operating budget. We anticipate that a meaningful portion of the operating expense reductions realized since the onset of the pandemic will be recurring, as we continue to make fundamental changes to improve processes and efficiencies across the organization. While the last several months have presented unprecedented challenges for ad-reliant businesses, I am extremely proud of the way our corporate and station level leaders and valued team members rose to the occasion and worked tirelessly to enable Beasley to return to positive cash flow in the third quarter. Looking ahead to the fourth quarter and 2021, we intend to continue our focus on growing our cash flow and maintaining a strong balance sheet with liquidity at current or higher levels. Growing ratings, diversifying revenue and delivering exceptional content and services to our listeners, advertisers, online users and esports fans will remain our focus. And we believe the tremendous resilience of our team and steps we’ve taken to strengthen our financial position and achieve ongoing operational efficiencies have helped ensure that Beasley Broadcast Group remains well-positioned for near- and long-term success.”

iHeartMedia Purging Employees; WTVN’s Riley and Schmid Exit. The latest round of “headcount reduction” is taking place at iHeartMedia, with air personalities, producers and more being let go as the company deals with the economic effects of the coronavirus pandemic. Because of the ratio of music-formatted stations to talk stations, the majority of those being laid off are from music outlets. Some of those working in talk formats who’ve been let go include WTVN, Columbus morning host Joel Riley and morning program producer Tom Schmid. Riley told Columbus Business First, “I worked there for over 26 years. It was my dream job, that morning show. I’m devastated. I will miss the listeners. They made that job special every day.”

PPM Analysis: All-News. TALKERS magazine managing editor Mike Kinosian presents a look at the performances of radio stations based on data from Nielsen Audio’s October 2020 PPM survey, today focusing on the all-news format. About half of the all-news stations in PPM markets were up (6+ weekly AQH share) and half were down or flat. Gainers were led by iHeartMedia’s WBZ-AM, Boston (+1.1) and Hubbard Radio’s WTOP-FM, Washington (+0.8). Year-over-year numbers tell a different story as 63% of all-news outlets improve. Top gainers from October 2019 to October 2020 include WTOP (+2.9), Entercom’s WBBM-AM/WCFS-FM, Chicago (+2.0), WBZ-AM (+2.0), and Sinclair Broadcast Group’s KOMO-AM/FM, Seattle (+1.9). See Mike Kinosian’s complete report here.

New Firm Major Triad Media Acquires TM Studios from Westwood One. Jingle and production house TM Studios is being acquired from Westwood One by Major Triad Media, a partnership of three TM Studios figures – creative director Dave Bethell, Chris “UK” Stevens, and jingle icon and current general manager Greg Clancy. A press release says the new company will maintain studios in Dallas, Los Angeles, and the UK. Bethell says, “From listening to TM jingles on my local radio station in England when I was a kid to becoming a fan, I’ve always wanted to work for TM. Eventually it was the place where I had my big jingle break back in 2005. I’ve written and produced for TM Studios continuously ever since. As co-owner I’m excited to tell the next chapter of TM’s incredible story with our perfect new partnership.” Stevens comments, “I’m so excited to be part of the team to take TM’s legendary name into a new chapter, and from my home country, no less. It’s been 15 years since I originally relocated from London to Dallas to work with TM. It is a dream come true to become part of the new ownership team.” Clancy adds, “I vividly remember watching my dad sing in TM vocal sessions as a kid and had my first vocal session at TM as a 12-year old boy. I began singing for Tom Merriman and Jim Kirk at 23, straight out of college. Just imagine what this moment means to me. We are standing on the shoulders of giants and can’t wait to grow and extend the TM legacy.” TM Studios will continue to work with Westwood One, with a multi-year agreement to serve as exclusive barter representative to seamlessly serve existing clients.

‘The Fisher House Story’ Available Now in Time for Veterans Day. Veterans Day is next Wednesday (11/11) and the Fisher House Foundation announces that The Jeff Wyatt Group has a fresh edition of “The Fisher House Story” for 2020 ready for download. “The Fisher House Story – A Family’s Love” is a radio special provided in varying lengths for news/talk radio stations in the U.S. and around the world. The three-hour, one-hour, 25-minute, and 30-minute radio specials are available for free. The specials are once again hosted by Mary Walter of WMAL-FM, Washington and feature stories of our nation’s heroes, the families who serve by their side, and how Fisher House plays a role in their journey. Your listeners will hear from Ben Breckheimer, an Army combat scout whose vehicle hit an improvised explosive device while driving with his team in Afghanistan; Lt. Col. Patrick Miller, an Army officer who was shot in the 2014 Ft. Hood shooting; and Jeff Sampson, a Navy veteran who needed a double lung transplant. These are just a few of the many stories that will be told “in their own words.” A clock and demo is now available at radio.fisherhouse.org. For more information on this radio special, available cash and barter free, contact Jeff Wyatt at The Jeff Wyatt Group at 301-518-3640 or jw@thejeffwyattgroup.com.

TALKERS News Notes. Tonight, the Westwood One nationally syndicated Jim Bohannon show is presenting election coverage from 10:00 pm to 1:00 am ET with the help of correspondents Clayton Neville and Linda Kenyon, plus commentary from Jed Babbin of the American Spectator, political science professor Dr. Frank Sorrentino, former Indiana congressman Dave Evans, and commentator Sean Walsh…..Cumulus Media’s Westwood One announces a partnership with Rolling Stone to market and distribute their podcasts “Useful Idiots with Matt Taibbi and Katie Halper” and “Rolling Stone Music Now.” The agreement includes the back catalogue in addition to future episodes…..Audio and spoken word agency Oxford Road announces the addition of three executive to the company. Kraig Kitchin – former Premiere Networks chief and current Sound Mind LLC principal – joins as strategic adviser. Steven Abraham is introduced as the company’s new president and Jennifer Laine is named head of marketing.

Today’s Presidential Election/Senate and House Races, Law Enforcement Prepares for Unrest, COVID-19 Stats & Projections, Terror Attacks, Hurricane Eta Approaches Central America Among Top News/Talk Stories Yesterday (11/2). Today’s presidential election between Donald Trump and Joe Biden, as well as the numerous Senate and House races; law enforcement’s concerns about and preparation for keeping voting places accessible and handling public safety in the event protests and violence break out; the fast-rising number of COVID-19 cases in the U.S. and in Europe and projections the second wave could be worse than the first; the recent spate of terror attacks in France, Vienna, and Kabul; and Hurricane Eta threatens Central America with record floodwaters were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. In the Twin Cities, Bring Me the News reports that air personalities Steve LaTart, a.k.a. Steve-O of CHR KDWB’s morning show and hot AC KTCZ “Cities 97.1” morning host Hunter Quinn both exit as part of the current downsizing taking place at iHeartMedia across the country…..Cumulus Media’s country WKDF, Nashville names Toni-Marie afternoon drive host. Toni-Marie joins Cumulus Nashville from Entercom’s country KWJJ, Portland “99.5 The Wolf” where she was midday host and APD. She says, “I have never been happier inside of a Walmart than the day that [program director] Paul Williams called to offer me this position! I’ve had the opportunity to do country radio in some amazing markets, but getting to work with Paul and the team at 103-3 in Nashville is a dream come true!”…..Alpha Media Portland announces that Gustav will join the KINK-FM lineup as the afternoon drive host. Alpha Media Portland operations manager Gene Sandbloom says, “Gustav has been an icon in Portland radio for 25 years, and we couldn’t be more excited to have him join the KINK team in afternoons. His breadth of musical knowledge and the relationships he has forged with artists throughout his career are most welcome. For more than 50 years the KINK brand has been about serving the needs of Portland and the surrounding communities. Hats off to the Alpha Media management team for making yet another true investment in being live and local.”

Monday, November 2, 2020

| November 2, 2020

Pending Business: Not So Fast. Sales and marketing pro Steve Lapa, president of Lapcom Communications Corp, writes in today’s column, “I’m finding more and more mistakes slowing down the sales flow, sending the wrong message to the right people. Proposals, emails, price points, and schedules sent out with errors telegraph an unintentional ‘we don’t check our work’ message. Blame the working-from-home adjustment.” But, Lapa says, sponsors and prospects don’t care why it’s wrong. So, he offers some tips for catching mistakes before it’s too late. Read it here.

The Presidential Election/Senate & House Races, COVID -19 Stats & Projections, Deadly Quebec City Stabbings, and Sean Connery Dies Among Top News/Talk Stories Over the Weekend. Tomorrow’s presidential election, as well as the races for U.S. Senate and U.S. House seats and which party will control each house; the rising number of COVID-19 cases in the U.S. and abroad and warnings from Dr. Tony Fauci that the country is not positioned well going into the winter months; the sword slaying of two and wounding of three others in Quebec City on Saturday, and the death of legendary actor Sean Connery at the age of 90 were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.

Monday Memo: Copy Worth Copying. What makes a marketing message powerful? “Less than you think,” according to consultant Holland Cooke, whose column this week includes some familiar examples. Read it here.

Tapping Into Talk Radio.  WPHT, Philadelphia mid-morning talk legend Dom Giordano (right) made an appearance on FOX News Channel early last evening (11/1) sharing his ground-level view of the presidential sprint for every last minute vote in Pennsylvania with host Tucker Carlson (left).  Giordano described his take on the visible passion and enthusiasm being displayed by Trump loyalists across the key battleground state during the final weekend before Election Day.

iHeartMedia’s BIN: Black Information Network Launches on WWRL, New York Today. The BIN: Black Information Network format – a “24/7 comprehensive national audio news service dedicated to providing an objective, accurate and trusted source of continual news coverage with a Black voice and perspective” – is launching today on WWRL, New York. Back on September 10, iHeartMedia announced it is entering into an LMA with NJ Broadcasting LLC to operate the station and has also entered into an Asset Purchase Agreement. iHeartMedia says the station kicks off this morning with a series of important speeches in Black history, including those from Barack and Michelle Obama, Al Sharpton, Maya Angelou, and Malcom X, leading up to the official 12:00 noon ET launch. At sunset, the Empire State Building will illuminate its world-famous tower lights and turn red, white, and green in celebration of BIN: Black Information Network’s official launch on WWRL. For election day, renowned journalist and BIN commentator Roland Martin will anchor live news coverage beginning at 7:00 pm ET and provide updates as the polls close and election tallies are reported nationwide. Martin says, “The 2020 Election is one of the most consequential we’ve seen in American history, and Black voters will play a crucial role. Our goal at #RolandMartinUnfiltered is to provide unparalleled coverage of not only the presidential and U.S. Senate races, but the many local races that impact our people. From top scholars to civil rights lawyers to health and economic experts and politically minded celebrities, there will be no other place – digital, cable or broadcast – that will match the plans we have for our collaboration with BIN on election night.”

TALKERS News Notes. Nationally syndicated talk radio host Todd Starnes will provide election night analysis on the USA Radio Network and American Family Radio, and is also providing local election coverage for a number of his affiliate stations. On a related note, Starnes Media Group appoints Tim Van Horn morning show co-host on its KWAM, Memphis “The Mighty 990.” Van Horn, who exits iHeartMedia’s crosstown WREC to join KWAM, will work alongside incumbent morning personality Grace Baker and Kenny Bosak. Van Horn spent 15 years in the market as a meteorologist for WMC-TV…..Nielsen’s board of directors announce that it has agreed to sell its Global Connect business to Advent International for $2.7 billion. Nielsen CEO David Kenny says, “The sale of this business to Advent will deliver substantial value sooner than was anticipated through the planned spin-off and creates certainty for all stakeholders. The proceeds from the sale will allow Nielsen to significantly reduce debt, which will provide greater financial flexibility to execute our growth strategy and expand our role in the global media marketplace. At the same time, we are excited about this opportunity for Nielsen Global Connect and believe that moving forward as a private company will better position the business to accelerate its transformation and strengthen its market-leading position.” The transaction is expected to close in the second quarter of 2021…..Pictured below is Salem Radio Network talk host Mike Gallagher among the thousands gathered outside Raymond James Stadium in Tampa for Donald Trump’s rally last Thursday (10/29). Gallagher says, “I don’t understand how President Trump does it. It’s 90 degrees and he and Melania were onstage in direct sun for hours. It nearly killed me, and I’m younger!”

Music Radio News and Career Moves. Columbus, Ohio alternative rock outlet “CD 102.5” leaves the airwaves and will broadcast only via stream. That news comes from the station after it was unable to negotiate a deal with WWCD-FM owner Southeastern Ohio Broadcasting System. The station posts to its website: “Things are getting weird around here, and they’re about to get weirder. 2020 has been one of the most challenging years in recent history, and CD102.5 has faced its share of challenges. Recently, we were unable to reach an agreement with the owner of the FCC License, and at 12:01 am on November 1, CD102.5 will leave the FM airwaves. Make no mistake: we plan to move forward and continue broadcasting in the digital realm. For decades, CD101 was a favorite radio station to many. When the license that allowed us to broadcast was sold, we moved our frequency to 102.5. Together, for 30 years, CD101 and CD1025 have been synonymous with the Columbus music scene and alternative music. With the connectivity of the internet in cars and homes, with smart phones and smart devices, the digital world is the future. As we move exclusively to the digital realm, we will have more freedom to play the music that YOU want to hear—to promote local artists, to engage with the community, and to do all of the things that we’ve always done—but better! We will continue to support the arts community and nonprofits in Columbus. ‘CD1025 For The Kids’ will continue to help local charities, and add to the over $1,000,000 that it has donated over the years. So, join us as we help curate all the same great music you have loved, and will love, for decades to come. Follow us to hear bands that would otherwise not get the chance to be heard or to find your new favorite band from Columbus, from around the country, and from around the world.”

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