Tuesday, February 26, 2019

| February 26, 2019

Cumulus Media Preliminary Q4 2018 Net Revenue Up Near 5%. The company will not release its actual fourth quarter 2018 and full-year financial data until March 18.  But Cumulus Media filed an 8-K form with the Securities Exchange Commission on Monday (2/25) that indicates it expects net revenue for the fourth quarter of 2018 to be up in the 4.5% to 5.2% range.  For the full year of 2018, it expects net revenue to be in the $1.14 billion neighborhood – basically flat compared to the full year of 2017 when net revenue was $1.135 billion.  Cumulus notes that these preliminary unaudited results are not adjusted to reflect the impact of the recently announced divestiture of six stations to Educational Media Foundation.  That would have lopped $23 million to $25 million off the full-year net revenue figure.  The filing also reveals that the company is pacing flat for the first quarter of 2019.

Henry Lake to Host Late Nights on WCCO-AM, Minneapolis. The Entercom Twin Cities news/talker adds a new, late-night show to its program schedule hosted by Henry Lake.  WCCO-AM’s new “Lake Night” will debut on March 11.  Lake comes to Entercom from his most recent gig as an air personality at the company’s sports talk KCSP, Kansas City.  He’s served with Upper Midwest sports talk giant KFXN, Minneapolis “KFAN” as a host in the past.  Entercom Minneapolis SVP and market manager Shannon Knoepke says, “The introduction of a new late-night show allows for our station to better serve our listeners as they are winding down their days.  We are thrilled to welcome Henry to our broadcast team in the Twin Cities and look forward to his fresh perspective on the daily events and topics that matter most.”

KIRO-AM, Seattle Announces New Programming Additions. Seattle sports talk KIRO-AM is adding air personalities Stacy Rost and Jake Heaps to the evening “Seattle Sports At Night” show hosted by Curtis Rogers.  Rost is a reporter, website content provider and Seattle Seahawks insider for the Bonneville station and former Seahawk Heaps joined KIRO-AM last year as a part-time host and weekly guest on the “Bob, Groz, and Tom” midday show.  KIRO-AM program director Mike Salk says, “Curtis has done an incredible job hosting this spot solo, but we are excited to add Stacy and Jake as hosts as well.  Stacy has made a huge impact on our building and we are thrilled to add a regular hosting spot to her 710Sports.com writing duties. Jake has been a huge contributor as a guest host, football analyst, and digital/video star.” Curtis Rogers is also part of the new weekend show, “Seattle Sports Saturday,” with co-hosts Lydia Cruz and Taylor Jacobs that debuts on March 2 in the 9:00 am to 12:00 noon slot.

iHeartMedia Acquires Audio Tech Firm Radiojar. The press release makes no mention of the financial aspects of this deal but iHeartMedia says that, through its subsidiary RCS, it will acquire Greece-based Radiojar Information Technology S.A. – a firm whose technology is “a centralized, cloud-based audio playout platform.”  The release further states that “with Radiojar’s sophisticated cloud-based assets and engineering, iHeartMedia and other RCS clients, will now have a platform to easily combine or parse individual audio elements such as DJ voice tracks, music, and broadcast spots to create, manage, distribute, and monetize streams, podcasts, and other audio content in real-time from anywhere.”  iHeartMedia COO Rich Bressler says, “We recognize that broadcast radio has a very unique set of programming tools that make listening a smoother and more enjoyable experience.  These new capabilities will allow for the seamless nature that has only been available on radio to transition to other audio mediums including digital stations and podcasts.”

SiriusXM Talk Host Dean Obeidallah Sues Neo-Nazi for $1 Million.  According to a story in the Minneapolis Star-Tribune, Muslim-American comic and SiriusXM talk show host Dean Obeidallah is suing neo-nazi Andrew Anglin – founder of The Daily Stormer – for $1 million for falsely accusing him of being the mastermind behind the May 2017 terror attack at an Ariana Grande concert in Manchester, England.  Obeidallah is asking the court for $250,000 in compensatory damages and $1 million in punitive damages from Anglin.  Obeidallah’s complaint charges that Anglin libeled him by falsely naming him as mastermind of the attack and went so far as to plant fake Twitter messages claiming responsibility that appeared to come from Obeidallah’s account.

TALKERS News Notes. This week’s summit between President Donald Trump and North Korean dictator Kim Jong Un is being covered extensively by the news networks. ABC News is broadcasting from Hanoi, Vietnam and will present coverage and analysis via ABCNews.com (in addition to regularly scheduled TV coverage) and ABC News Radio will provide extensive coverage anchored by correspondent Aaron Katersky with reporting by correspondent Karen Travers, including special reports and one-minute status reports.  The “Start Here” podcast will provide a special episode focusing on the summit…..Westwood One News is also in Hanoi for the summit.  White House correspondent Bob Costantini is there providing dozens of live custom reports for affiliates, appearing on Westwood One long-form news and talk programs, and reporting on Westwood One newscasts.…..Bay Area progressive news/talk KKSF-AM “Real Talk 910” adds “The Big Interview” with Dan Rather to its program schedule.  The show is being produced by AXS TV and is distributed by KMG Networks…..According to a report by Chicago media writer Robert Feder, two new podcasts are coming from radio broadcasters in the Windy City.  First, WSCR “The Score” personality Julie DiCaro is launching “The Score: Behind the Headlines.”  The first subject will be the 1993 murder of Michael Jordan’s father, James.  Second, urban talk WVON morning host Maze Jackson and Salem Radio Network/WIND host Joe Walsh are producing a weekly podcast titled, “Uncomfortable Conversations,” an extension of their recent co-hosted live events of the same name…..Crossover Media Group is taking on ad sales responsibilities for the new podcast from Dr. Laura Schlessinger called, “Dr. Laura Call of the Day.”  CMG is also handling ad sales and sponsorship support for the show’s social-media channels.

Trump-Kim Summit, Trump-Russia Investigation, Cohen Testimony, Border Wall/Emergency Declaration Vote, Kraft Arrest-Sex Trafficking Issue, 2020 Democratic Hopefuls, Venezuela Violence, Catholic Church Sexual Abuse Scandals, Sunday Night’s Oscars Show, and NBA/NCAA Hoops Action Among Top News/Talk Stories Yesterday (2/25).  This week’s meeting in Vietnam of President Trump and North Korean dictator Kim Jong Un; the status of the investigation into possible connections between Trump campaign operatives and Russian agents; former Trump attorney Michael Cohen’s scheduled congressional testimony; the U.S.-Mexico border wall and the effort to stop President Trump’s emergency declaration to pay for it; the arrest of New England Patriots owner Robert Kraft on prostitution soliciting charges and the larger issue of human sex trafficking; the Democrats hoping to challenge Trump in the 2020 election; the violence in Venezuela as Nicolas Maduro tries to remain in power; Pope Francis addresses the numerous sexual abuse scandals within the Catholic Church; Sunday night’s Academy Awards telecast; and NBA and NCAA basketball action 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. Programming pro Kashon Powell is promoted to vice president of programming for Radio One’s Washington, Baltimore, and Philadelphia markets.  She’s been serving as operations manager for the six-station DC cluster while programming its urban contemporary WMMJ as well as the syndicated “Russ Parr Morning Show” and “Love and R&B with John Monds” programs.  Radio One CEO David Kantor says, “I’m delighted to have Kashon in this position.  Not only has she proved to be an outstanding programmer with the huge success of our Washington cluster, but it will be great to have the voice of a woman, our primary demographic, among our senior programmers.  I know Kashon’s contributions to the company will be enormous.”…..At Mid-West Family Broadcasting’s country WRTB, Rockford, Illinois “95.3 The Bull” promotes afternoon drive personality Gordon Mays to assistant program director.

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Category: Front Page News, Industry News