Thursday, March 12, 2020

| March 12, 2020

Broadcasting Conferences Postponed/Cancelled; TALKERS Conference on for June 5. Radio industry watchers are by now aware that the National Association of Broadcasters has cancelled April’s NAB Show in Las Vegas.  That convention may be rescheduled for later in the year.  Radio trade publication AllAccess has postponed its Worldwide Radio Summit originally scheduled for later this month in Los Angeles to an unspecified future date.  Obviously, these decisions come on the heels of recommendations by health officials to avoid large crowds in order to prevent the spread of COVID-19.  At this point in time, the TALKERS magazine conference scheduled for June 5 in New York City will go on as planned, however according to publisher Michael Harrison, “That situation will ultimately be determined within the next month based on the facts at that time.”  The date of the conference is a full 12 weeks from tomorrow, and it is our hope that the coronavirus pandemic will be under control by then, making such a gathering a safe one to attend.  Please continue to monitor TALKERS magazine for new information about the conference agenda.

Saga Communications Reports 2019 Q4 and Full Year Financial Data.  Releasing its financial data for the fourth quarter of 2019 and for the full year of 2019, Saga Communications reports net operating revenue of $31.8 million for Q4, down 3.5% from the same period in 2018.  For the full year of 2019, Saga reports net operating revenue of $123.1 million, a decrease of 1.4% over the full year of 2018.  The company adds that station operating expense decreased $711 thousand to $23.1 million and operating income decreased $575 thousand to $5.4 million.  Net income decreased $454 thousand to $3.8 million for the quarter.  Saga reports it had $44 million in cash on hand as of December 31, 2019 and $47 million as of March 9, 2020.  The company’s total bank debt was $10 million as of the end of the year.

COVID-19 Declared Pandemic, Trump Suspends European Travel, NBA Suspends Season, Dow Plummets, Saudi Arabia Launches Oil War, and the Presidential Race Among Top News/Talk Stories Yesterday (6/11). The World Health Organization’s declaration that COVID-19 is a now an official pandemic; President Trump’s address to the nation and his suspension of travel from Europe; the National Basketball Association suspends its season after a player tests positive for the coronavirus; the Dow sinks even further as the world’s financial markets continue to be hit by the effects of the coronavirus; Saudi Arabia’s oil war against Russia and its effect on global oil prices; and the race between Democrats Joe Biden and Bernie Sanders for the nomination were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

TALKERS News Notes. The nationally syndicated “BOB & TOM Show” is cancelling two of its upcoming remote broadcasts as a result of the COVID-19 pandemic.  The first cancellation is a live appearance by the ensemble cast of the show – including host Tom Griswold, on March 26 – for the Opening Day of the Cincinnati Reds baseball season.  That appearance was to have featured a live broadcast with Cumulus Cincinnati affiliate WOFX-FM.  The show has also canceled an April 3 live broadcast at a Charleston, West Virginia casino as part of affiliate WKLC-FM’s celebration of its 40th year as a classic rock station…..Talk host and digital media producer Alex Jones was arrested for DWI in Travis County, Texas early Tuesday morning.  This came about four hours after police were summoned to a home for a disturbance being reported by Jones’ wife.  The Austin Statesman reports that Jones’ wife told authorities the two had had a physical confrontation earlier in the day but were at that time having a verbal fight.  After Jones left the house, she called authorities told them he was driving and “was possibly drinking.”  Jones was later released on $3,000 bond…..Chicago media writer Robert Feder reports that Good Karma Brands-operated sports talk WMVP, Chicago “ESPN 1000” is adding NBC Sports Chicago anchor/reporter Chuck Garfien to its staff as a White Sox expert.  Garfien will appear on the “Kap & Company,” “Carmen and Jurko,” and “Waddle and Silvy” shows.  Feder also writes today that all next week, Bill Leff and Wendy Snyder will sit in for Big John Howell on Cumulus Media’s WLS-AM afternoon show.  The duo – formerly in middays at crosstown WGN-AM – began producing a podcast for WLS last month.

Music Radio News and Career Moves. Through a deal with Canadian syndicator Orbyt Media, Premiere Networks is bringing its hip-hop morning show “The Breakfast Club” to radio in Canada.  The show – hosted by DJ Envy, Angela Yee, and Charlamagne Tha God – debuts on Stingray Group’s CFXJ-FM, Toronto on Monday (3/16)…..On-air pro Taylor Dickson joins Townsquare Media’s alternative WRRV, Middletown, New York (Hudson Valley market) as morning drive co-host and music director.  WRRV brand manager Bill Dunn says, “Taylor was a rock star in our internship program a few years ago and I remember her asking all the right questions.  She’s worked hard to get to this point and has a very bright future ahead of her.”…..Morning personality Stephen Clark announces he’s leaving his position with Entercom’s classic hits WOMC, Detroit to pursue his career in country music.  He tweeted, “Two years ago, shortly after I announced my retirement from Channel 7, WOMC came to me with an offer to do the morning show in hopes of moving into a competitive position.  I had plans to focus more on my music in Nashville….but, hey, I like a challenge.  With the awesome team of JoAnne, Jason, Julia and me, in just two years we are now consistently in the top tier of morning shows… but I still have a music career to focus on and getting up every morning at 4:30 doesn’t mesh well with the late-night nature of live music.”…..Entercom announces the band Local Natives will perform at the RADIO.COM Live event series at the HD Radio Sound Space in Los Angeles tonight (3/12) at 8:00 pm ET.  RADIO.COM SVP and general manager Pam Russo says, “The RADIO.COM Live event series is excited to welcome Local Natives to the stage.  Our listeners from coast-to-coast will get a preview of the band’s performance before they go on tour in May.”

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Category: Front Page News, Industry News

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