Entercom Reports Q1 Revenue Down 3%. Some format changes in several markets and the usual first quarter doldrums can be blamed for the down performance of Entercom in Q1 of 2012, Entercom CEO David Field told analysts during the Q1 conference call. Field states seven format changes that took place in 2011 – including three in major markets like Boston and San Francisco – have affected revenue. But Field sees positive things ahead as he tells analysts May and June are pacing up and the third quarter of this year looks healthy. Political ad spending is a major factor in improving revenue. Other points mentioned by Field: Entercom cut expenses by 4% and was able to pay down $17.4 million of its senior debt leaving $592 million in senior debt.
Emmis Revenue Down but Jeff Smulyan Promises Greatly Deleveraged Emmis. During his conference call with analysts, Emmis CEO Jeff Smulyan reported net revenue down 11% — down just 3% when excluding the stations majority owned by Merlin Media – for the quarter ending February 29. But Smulyan says his company is paying down debt – some $1.5 billion to date – and when current transactions are complete Emmis will be one of the least-leveraged companies in the radio business. With recent transactions, Emmis is now a company operating clusters in Indianapolis, Austin, St. Louis, Terre Haute, and, of course its two major market signals: Hot 97 in New York and Power 106 in Los Angeles.
KILT, Houston Brings Nick Wright Aboard for AM Drive Co-Host Duties. Currently hosting at Entercom’s KCSP, Kansas City, sports talk host Nick Wright moves south to join John Lopez on the morning show at CBS Radio’s KILT, Houston. The position opened when Marc Vandermeer took a full-time position with the NFL’s Houston Texans, although Vandermeer will still be heard on the station doing Texans play-by-play. KILT program director Gavin Spittle says of Wright’s hire, “We’re really excited to welcome Nick to our talented roster of hosts. He has tremendous energy, passion and a history of ratings success. His excitement to pair up with John Lopez is equal to our excitement to add him to our number one sports lineup for many years to come.”
Dial Global’s Dennis Miller and Fox News Channel’s Bill O’Reilly Play Town Hall in New York Saturday Night. As part of the duo’s “Bolder and Fresher Tour 2012,” Dial Global nationally syndicated talk show host Dennis Miller and Fox News Channel star Bill O’Reilly – also heard on the radio via his Courtside Entertainment Group-syndicated “Talking Points” commentaries, will appear at Town Hall in NYC tomorrow night. During the program each host takes a turn doing a monologue for the crowd. Then the two sit down together to discuss and riff on the big issues of the day. Upcoming shows include stops in Indianapolis, Chicago and Atlanta.
New Jersey Talk Host Found Shot Dead in Her Home. Authorities in Linwood, New Jersey report 47-year-old April Kauffman was found shot to death in the bedroom of her home in that town. She co-hosted a weekly talk radio show at WOND, Pleasantville, New Jersey during which she advocated for veteran’s causes and other issues. The Associated Press is reporting that authorities have not made any arrests in the killing.
Michelle Jerson to Host Talk Shows at WWIQ-FM, Philadelphia. Former New Jersey 101.5 talk show host Michelle Jerson is doing some fill-in work at Merlin Media’s new WWIQ-FM, Philadelphia. She begins today by hosting the 12:00 noon to 3:00 pm slot – eventually to be the home of Rush Limbaugh when the Premiere Networks superstar migrates over from his current Philly home at WPHT. Jerson, who hosted a relationships program during her time at NJ101.5, tells TALKERS that she’ll do a non-political program today.
WBT-AM/FM, Charlotte to Air UNC Football and Hoops. Greater Media’s WBT-AM/FM, Charlotte is the official Charlotte affiliate for University of North Carolina football and basketball play-by-play after agreeing to a deal with the university’s rights holder, Tar Heel Sports Properties. WBT will carry all games plus coaches’ shows featuring football coach Larry Fedora and basketball legend Roy Williams. Tar Heels Sports Properties general manager Gary Sobba states, “We’re excited about this new partnership and bringing two terrific brands back together. WBT has a very strong signal and will provide excellent coverage for the Tar Heel faithful in the Charlotte metro area.”
2012 Presidential Race Top News/Talk Story for Week of May 7-11. The 2012 presidential race landed atop the Talkers TenTM chart of the most-talked-about stories on news/talk radio for the sixth consecutive week. Close behind at #2 was President Obama’s gay marriage stance. At #3 was longtime Indiana Republican Senator Dick Lugar’s loss in the primary election and at #4 was Russian President Vladimir Putin’s snubbing of President Obama by backing out of the G-8 at Camp David. The Talkers TenTM is based on ongoing research by TALKERS and is published at Talkers.com every Friday. View the top 10 stories and people as discussed on news/talk radio here.
Dave Ramsey Broadcasts from Tucson. Nationally syndicated personal finance talk show star Dave Ramsey is pictured here in Tucson conducting his EntreLeadership Master Series at the Westin LaPaloma in Tucson. Keeping with the theme of the week, today’s broadcast will focus on business and leadership questions from callers to the radio program. Ramsey’s organization explains that EntreLeadership “combines the innovative spirit of an entrepreneur with the passion and drive of a leader. This philosophy is how Ramsey has run his highly successful company and trained his leadership team since day one. At EntreLeadership Master Series, Ramsey condenses 20 years of business and leadership wisdom into a seven day event. Business owners and leaders who attend walk away with practical ideas that can improve their communication, organization, team culture, finances, negotiating and selling skills, marketing, advertising, and ability to make tough decisions.” Last September, Ramsey’s latest best-seller, EntreLeadership, debuted at number one on the New York Times bestseller list.