Thursday, October 25, 2018

| October 25, 2018

Talk Host Lars Larson at Center of Gun Rights Issue in Portland.  According to a piece on Campus Reform’s website, KXL, Portland-based radio talk show host Lars Larson was required by the administration of Portland State University to promise not to bring his permitted gun (legal in Oregon) to a Second Amendment event on the campus being sponsored by the PSU College Republicans.  Larson was vocally critical of the school for making the request and for threatening the College Republicans if they invited Larson knowing he would bring his conceal carry weapon.  Ultimately, the group cancelled the event.  Larson is quoted saying he fought the school’s request for obvious reasons.  “It would be the height of hypocrisy, for me to say ‘I’m going to go talk to these kids about the importance of their Second Amendment rights,’ while voluntarily forfeiting mine.”  Larson also tells Campus Reform he plans to do a broadcast from the school.  “Later this week, my producer and I will walk up, sit down in the student union, and I’m gonna do five or 10 minutes on a Facebook Live stream, explaining the entire background.  I cannot speak to the students unless I give up my civil rights, I cannot do the broadcast that I wanted to do, and the students have been threatened.”

Nielsen Reports Q3 Financials; Net Income Down 32.4%. Ratings and consumer research giant Nielsen Holdings plc releases financial data for the third quarter of 2018 and reports revenue of $1.6 billion, down 2.5%, or 0.6% on a constant currency basis, compared to the third quarter of 2017.  Free cash flow for the third quarter of 2018 decreased to $266 million, compared to $425 million in the third quarter of 2017.  The company’s audio ratings service falls under its Watch segment and for the third quarter, Audio revenue dipped 1.6%, from $127 million in 2017 to $125 million in Q3 of 2018.  However, the company reports “Audience Measurement of Video and Text revenues increased 4.7%, or 5.2% on a constant currency basis, due to continued client adoption of our Total Audience Measurement system and our ongoing investments, including Gracenote.”  Nielsen executive chairman Jim Attwood says, “The third quarter revenue and earnings are consistent with our updated 2018 guidance despite a number of near-term challenges in our markets.  We have a number of key initiatives and actions that we are pursuing to improve our future outlook.  Together with the board of directors, we are aligned on a set of operational priorities to drive the business forward. In addition, the board of directors, with the assistance of our advisors and management team, is focused on the expanded strategic review that we announced in September, which includes a broad review of strategic alternatives for Nielsen and its businesses.”

SiriusXM’s Jim Meyer on Pandora Acquisition. During yesterday’s third quarter investor conference call, SiriusXM chief executive officer Jim Meyer talked about the company’s bid to acquire streaming pure play Pandora. He said the two platforms have the ability to cross-promote.  He adds that the goal, obviously, is not to convince paying SiriusXM subscribers to leave for a cheaper or free version of Pandora.  “At SiriusXM, we are running about 23 million trials in new and used cars this year.  And the truth, as the flip side of our conversion statistics will tell you, is that most people don’t want to pay for radio at the end of the day.  I feel there is a strong opportunity if we can link non-converters back to a Pandora or maybe a Pandora with a bit more content in a way that makes our combined business bigger, better, and more profitable. There are many ways we believe that one plus one will exceed two very quickly and we plan to give you additional color on that over the next few months.”  The company is still waiting for anti-trust approval from the FTC and Justice Department before meetings with Pandora can affect any change there, but it is downplaying the synergies that might be realized from a combined operation. Meyer adds, “Last week, while I was out in Oakland for a Pandora board meeting, I had the privilege of speaking with a large group of Pandora’s talented employees.  It was fantastic to talk about our shared future, what we can do with all of our financial resources, vast troves of data, unmatched content, enormous user bases, and some of the most talented people in radio and technology.  I am confident that together, these two companies will be even stronger.”

TALKERS News Notes. Detroit’s “910 AM Superstation” – Kevin Adell -owned WFDF – brings local media personality Charlie LeDuff aboard to host a weekly, one-hour program airing Mondays at 4:00 pm, titled, “No BS News Hour.”  LeDuff is a former Detroit News and WJBK-TV, Detroit reporter.  The weekly show is being designed as a companion to LeDuff’s Michigan-focused podcast of the same title.  LeDuff says, “If you suffer from insomnia, I recommend you watch the news.  If you want the news, I recommend you tune into the ‘No BS News Hour.’ Original reporting, nowhere else.”…..The “Motley Fool Money” with host Chris Hill adds new affiliates news/talk KGVO-AM/FM and KMPT-AM “Montana’s Progressive Talk” in Missoula for the weekly program. Hill tells TALKERS magazine that the addition of the Townsquare Media stations puts the program at the 52-affiliate mark…..SiriusXM is adding “The Dan Abrams Show: Where Politics Meets The Law” to its P.O.T.U.S. channel programming, effective October 29.  The ABC News chief legal analyst will host a show that will “analyze the biggest news stories of the day from a legal perspective.”  Abrams says, “The legal side of news stories is more important and prominent than ever. I’m thrilled to have this opportunity on SiriusXM to really dig in and separate the legal realities from the wishful spin for listeners and people calling in to the show.”…..New York Public Radio names longtime Viacom executive Depelsha McGruder chief operating officer.  McGruder was most recently senior vice president of programming for BET Networks.  NYPR operates not only public radio news/talk WNYC-AM/FM, but WNYC Studios and New Jersey Public Radio, as well…..Legendary college basketball coach Mike Krzyzewski is hosting the premiere episode of the 14th season of his SiriusXM talk show, “Basketball and Beyond with Coach K,” tonight at 6:00 pm ET.

SRN’s Larry Elder to Attend Meeting of Young Black Conservatives at Trump White House. According to a report in the New York Post, President Trump will entertain a group of hundreds of young, black conservatives gathered for the Young Black Leadership Summit, an event produced by Turning Point USA.  Also attending this evening’s kick-off of the conference will be Salem Radio Network talk show host Larry Elder and actress-turned-conservative-pundit Stacey DashDonald Trump Jr. will also speak to the group this evening, as will HUD Director Ben Carson.

Pipe Bombs Sent to Top Democrats and CNN; Financial Markets Activity, Midterm Elections, Migrant Caravan, Mega Millions Jackpot, Khashoggi Murder Aftermath, Halloween ‘Blackface’ Issue, NFL Action, and World Series Among Top News/Talk Stories Yesterday (10/24). The news of pipe bombs sent to CNN and top Democrats including the Obamas and the Clintons; the Dow loses 600 points and the activity in other world financial markets; the November midterm elections and the battle for control of the House and the Senate; the migrant caravan making its way through Mexico to the U.S. border; one winning ticket in South Carolina is sold for the $1.6 billion Mega Millions lottery; the murder of Saudi journalist Jamal Khashoggi and U.S.-Saudi relations; the issue of schools warning students not to dress in blackface for Halloween; the week’s NFL action; and the World Series between the Los Angeles Dodgers and the Boston Red Sox 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. Seattle CHR KBKS-FM “106.1 KISS FM” is stunting in preparation for a format change.  The stunt began on Wednesday with jockless programming peppered with mysteriously worded sweepers teasing the change.  The status of the air staff with owner iHeartMedia is not known but numerous reports indicate AM drive personality Bender has exited…..Entercom hot AC KHMX “Mix 96.5” promotes afternoon drive personality Jason Cage music director, effective immediately.  He’ll continue hosting his 3:00 pm to 7:00 pm program.  Entercom Houston SVP and market manager Sarah Frazier says, “Jason has proven to be a very valuable contributor to the overall sound and feel of KHMX and has helped to lead culture here at Entercom Houston.  We are excited to elevate him to the role of music director.”…..As a result of the flip of SummitMedia’s WJSR, Richmond from classic hits to adult hits as “Jack FM,” morning show team Bill Bevins and Shelly Perkins exits after a four-year stint.

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