Tuesday, May 31, 2016

| May 31, 2016

cunninghambillWLW, Cincinnati’s Bill Cunningham Wrapping TV Show.  According to a report by WVXU.org’s John Kiesewetter, longtime WLW, Cincinnati afternoon drive personality Bill Cunningham is declining to renew his deal with Tribune Broadcasting to produce three more seasons of his eponymous TV show that airs on the CW Network.  Citing the hectic schedule he has to keep to do both the television program and his WLW and Premiere Networks Sunday evening radio shows, Cunningham told WLW listeners he wants to spend more time with his grandchildren.  Cunningham was recruited for the television show by Tribune president of strategic programming and acquisition Sean Compton, a former Clear Channel programming executive who joined Tribune when former Clear Channel Radio president Randy Michaels became chief of Tribune.  The first season of the show was syndicated by Tribune but seasons two through five aired on the CW Network.

cookehollandCooke: 70 Rocks.  Media consultant Holland Cooke writes today about the maturation of the Baby Boomer generation and the value of these consumers to the radio industry.  For radio station operators – and for news/talk stations that target a mature audience – this demographic is a big fan of radio and is likely to purchase the products and services for which radio marketing campaigns work so well.  Read some of Cooke’s advice for radio stations taking advantage of this generation’s use of radio here.

The Presidential Race, the Battle Against Islamic State, Putin’s NATO Threats, Zoo Gorilla Killing, the Memorial Day Holiday, and the NBA and NHL Playoffs Among Top News/Talk Stories Over the Weekend.  The activities of the candidates for president and the weekend’s Libertarian Party debate; the ongoing fight against Islamic State and the push by Iraqi forces to reclaim Falluja; Russian President Vladimir Putin’s threat to prevent U.S. missiles from being places in NATO countries Romania and Poland; the case of the rare gorilla killed in the Cincinnati Zoo after a child had entered the animal’s enclosure; the Memorial Day holiday and the weekend’s NBA playoff and the start of the NHL Finals were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.

iheartmedia logo smallAnother Investor Sues iHeartMedia.  This time, the complaint against iHeartMedia comes from Gamco Asset Management Inc., which owns close to 10% of Clear Channel Outdoor Holdings public stock.  According to a report by Bloomberg, Gamco is saying that shareholders of Clear Channel Outdoor Holdings are not being protected first and foremost and that the subsidiary is being given short shrift in order to benefit the parent company.  An iHeartMedia spokesman says the asset shift is legal.  Gamco was in iHeartMedia’s corner during the recent case iHM won after being sued by senior lenders for the move.  Still, Gamco is alleging the stock’s shift to Broader Media Inc., harms CCOH’s ability “to exploit business opportunities.”

Odds & Sods.  Over the Memorial Day weekend, the Libertarian Party’s top five candidates held a debate in Orlando that was moderated by Salem Radio Network nationally syndicated talk radio host Larry Elder.  The debate was aired live on C-SPAN.  SRN VP/news & talk programming Tom Tradup says, “As SRN’s newest nationally syndicated host, we are proud that Larry Elder was selected for this high-profile assignment as the unpredictable campaign 2016 continues to unfold.”…..Pro hoops star Jason Terry is launching a new weekly showabcNewsStoneAlexTrump16 on SiriusXM’s NBA channel beginning tomorrow at 7:00 pm ET (6/1).  “The Runway with Jason ‘The Jet’ Terry” will air Wednesdays and also feature co-host Justin Termine…..ABC News Radio correspondent Alex Stone is seen here positioned near police at the Donald Trump rally in San Diego on May 27.  The protest reportedly drew about 1,000 people and was peaceful for three hours until some protestors tried to break a police line.  Thirty-five people were arrested.

Tags: , , , , , , , , , , , , , ,

Category: Front Page News, Industry News