Sirius XM Stock Soaring While John Malone’s Liberty Media Inches Toward Control. Yesterday’s $2.55 closing figure was satcaster Sirius XM’s (“SIRI”) best showing in more than four years. That’s the good news for CEO Mel Karmazin and his crew. The worrisome news, however, is the undeniable fact that John Malone’s Liberty Media – the company that rescued Sirius XM in 2009 by investing in 40% of the company at a bargain price – is closing in on acquiring the needed 50.1% ownership that would give it a controlling interest. Subsequent to the 2009 bail out, Liberty has been buying Sirius XM stock on the open market recently purchasing about 90 million shares at around $2.50 each. According to TALKERS sister trade publication Radio-Info, those transactions plus a “forward sale” agreement would bring Liberty’s interest to about 48% creating a behind the scenes radio reality show nail-biter.
Rick Roberts Lands at America’s Radio News Network. Veteran radio talk show host Rick Roberts has been named news co-anchor at America’s Radio News Network. Roberts, also a lawyer, has been heard in his 20 year career on such heritage outlets as KOA, Denver; KCMO, Kansas City; KRLD, Dallas; KOGO and most recently KFMB in San Diego. His is known for a distinctive style of getting the story “behind the story.” Commenting on how pleased he is to be working with ARNN CEO Mark Masters, Roberts tells TALKERS, “He is a man of true vision. Masters’ groundbreaking concept of journalism without agenda is needed in America now more than ever.” America’s Radio News Network, which offers 15 hours of syndicated long-form programming per week is now heard nationally on over 340 affiliates taking one or more of its five three-hour news segments.
Sandusky Scandal Impacts Pennsylvania Radio Station. Political scandal and questionable talk host remarks are not the only form of controversy that impacts spoken word radio’s ability to sell advertising and maintain a balanced competitive image. According to an Associated Press report, after 20 years of faithfully broadcasting Penn State football games to its loyal fandom, talker WAEB, Allentown, Pennsylvania finds itself at a crossroads between airing the school’s upcoming season (which kicks off September 1 against Ohio University) and pleasing the overwhelmingly large percentage of listeners who have let the station know they want to hear the games — while dealing with timid sponsors who are less enthusiastic about being associated with the scandal. Station management states they need about 10 sponsors to fund a full season of Penn State football. Prior to the Jerry Sandusky scandal it was always an instant sellout. So far they only have four.
Odds & Sods. The Minnestota Twins will be moving their live broadcasts from Hubbard-owned 1500ESPN, Minneapolis at the end of the season and begin airing games on KTWN 96.3FM beginning with the 2013 season. Their new radio home is owned by the Pohlad family – same folks who own the team. This is the first time the Twins games will be aired exclusively on FM….None other than President Obama was interviewed on sports talker KXNO, Des Moines to talk sports but Politico reports he snuck in a bit of politics when asked how playing sports was similar to being president stating, “It also turns out that political reporters are a lot like sports reporters. They’ve all got opinions, even if they didn’t play.”….Premiere Networks has launched a new satellite radio talk show featuring lifestyle expert and interior designer Moll Anderson heard Saturdays 5:00 pm to 6:00 pm ET on Sirius XM’s “Talk Radio” XM channel 168…Sports talker WFAN, New York’s annual talent search “Fantasy Phenom 111 Challenge” has narrowed its field to five finalists who will vie for the Grand Prize of a chance to host a once a week air shift on the legendary station for one year. The finals will take place on Friday, August 24 at Bar A in Lake Como, New Jersey. All finalists are New York Metropolitan area locals and were chosen from thousands of fans and listeners who showed up at auditions held at area Simon malls in July as well as online entries.
Obama Leaks, Family Research Council Shooting, Top News/Talk Stories Yesterday (8/15). The ex-Navy SEALS video critical of President Obama for allegedly allowing dangerous leaks involving the shooting of Osama bin Laden and the shooting of a guard at the Washington, DC headquarters of the conservative Family Research Council, followed by the devastating effects of the drought brought on by the heat wave and violence in Syria were the most talked about topics on news/talk radio yesterday according to ongoing TALKERS research.