RAB: Radio Revenue Up 1% in 2011. Data from Miller, Kaplan, Arase & Company and the Radio Advertising Bureau reports revenue for the radio industry was up 1% in 2011 compared to the year prior. The majority of radio’s revenue comes from spot sales and that category was down 4% in the fourth quarter of 2011 but down just 1% for the entire year. Increases in other revenue categories helped boost radio’s total revenue for 2011. For the year, network revenue was up 3%; digital was up 15%; and off-air revenue rose 7%.
Cumulus Media Group Countersues Birmingham Sports Talk Host Paul Finebaum. The latest in the legal battle between Birmingham-based regional sports talk giant Paul Finebaum and Cumulus Media Group is a suit by Cumulus suing Finebaum alleging he violated his contract by negotiating with another broadcaster while under contract. According to the Birmingham Business Journal, the suit alleges Finebaum also shared confidential information about Citadel (which has since merged with Cumulus) as part of the negotiations to move his sports talk show away from Citadel. Finebaum brought the first suit to court charging the company with coercing him into signing an amendment to his contract that was less favorable under threat of dropping his show and its regional distribution if he didn’t sign. Finebaum also alleges Citadel’s bankruptcy filing – which occurred after he signed the original contract – violated the terms of that deal. The cases are being moved from federal court to Jefferson County Circuit Court by request of Cumulus.
WPHT, Philadelphia’s Dom Giordano Hosts Live Broadcast and Luncheon to Salute Local Troops. Dubbed “Salute Our Troops” and taking place at the Radisson Philadelphia Northeast Hotel today from 9:00 am to 12:00 noon, the live broadcast hosted by CBS Radio’s WPHT, Philadelphia and talk host Dom Giordano will welcome home and honor American servicemen and women from the Delaware Valley who served bravely in Iraq and Afghanistan. CBS News war correspondent Jim Axelrod will be Giordano’s special guest for the event. The program will include a celebration of the 71st anniversary of the USO, which has provided morale and recreational services to members of the US Military since 1941. Members of the 131st Transportation Company, the 111 Fighter Wing, the 104th Cavalry Squadron and the 111th Infantry will all be in attendance.
WGY, Albany Celebrates 90 Years On Air. Clear Channel Media and Entertainment’s WGY-AM/FM, Albany is marking its 90th year serving the region today (2/20). Vice president and regional market manager Kristen Delaney says, “WGY’s family tree includes more than just the decades of respected staff who have walked these local hallways and entertained the community with their songs and stories. Our family branches out to generations of listeners who have grown up with us, who continue to discover us daily, and depend on us for their news, weather and entertainment.” WGY notes that the station first signed on February 20, 1922, as program director Kolin Hager stepped up to the microphone and announced, “This is station WGY. W, the first letter in wireless; G, the first letter in General Electric; Y, the last letter in Schenectady.”
NFL Great Fran Tarkenton Debuts Talk Show on Sirius XM. Former NFL quarterback and respected business entrepreneur Fran Tarkenton begins a live, weekly call-in talk show on Sirius XM’s SiriusXM Stars Too channel this evening from 6:00 pm to 9:00 pm. The satcaster states Tarkenton’s show “will tackle a wide range of topics, interview notable guests from the worlds of politics, business, sports and entertainment and take calls from listeners nationwide.” Tarkenton says, “I’m a longtime advocate of entrepreneurship and creative thinking, and I’m a huge fan of talk radio, so this opportunity is a big thrill for me. I’m looking forward to connecting with SiriusXM listeners around the country about everything happening in the world of politics, business and sports, the fascinating convergence in these areas and more.”
Financial Talk Host Ray Lucia Joins Gab Radio Network. The daily, nationally syndicated financial talk show that Ray Lucia hosts has been with Business TalkRadio Network for the past 12 years. Beginning March 5, Lucia’s program will be syndicated by Vero Beach, Florida-based Gab Radio Network. GAB president Ron Crider says, “I have been working in the radio industry for over half a century and our new affiliation with Ray is one of the more exciting times in my long career – we are truly pleased to welcome Ray Lucia to our network.” GAB describes Lucia stating, “Lucia’s charismatic style and years of experience as one of the nation’s leading experts in financial, tax, investing, and retirement planning make him one of the hottest media personalities on the scene today…In addition to his popular daily radio show, Lucia is a best-selling author, much sought after public speaker, and TV personality who is regularly featured on television networks such as Fox News Channel, Fox Business, CNBC, ‘The Today Show,’ and Bloomberg.” Lucia’s program airs live from 12:00 noon to 3:00 pm.
WTOP-FM, Washington VP Joel Oxley Celebrates 20 Years with Station. The senior vice president and general manager of Hubbard Radio’s WTOP-FM, Washington joined the all-news giant 20 years ago as an account executive. He is credited with helping develop WTOP into one of the top news stations in the country. Pictured here is VP of news and programming Jim Farley (l) presenting Joel Oxley (r) with a certificate of achievement in the studios of the news operation.
“Watchdog on Wall Street” Chris Markowski Writes for TheStreet.com. Financial talk host Chris Markowski, whose weekly talk show is syndicated via Talk Radio Network, adds columnist duties at the digital newsletter TheStreet.com. In a release, Markowski states he’ll “have a weekly post on this leading internet publication that focuses on politics and things that directly impact our economy.” His most recent post addresses the $25 billion agreement between the nation’s five largest mortgage services to address mortgage loan servicing and foreclosure abuses.
Enid Goldstein in for KKSF, San Francisco’s Gene Burns. Talk show pro Enid Goldstein is sitting in for KKSF, San Francisco PM drive talk host Gene Burns today (2/20).
Correction: On February 17, TALKERS reported that Christine Craft was a co-host with Stacy Taylor on KGO, San Francisco and that the two were let go by the station. That was incorrect. Ms. Craft is not affiliated with Taylor, is a solo fill-in talk host for KGO and remains employed with the station in that role. TALKERS regrets the error.