Thursday, January 7, 2021

| January 7, 2021

Radio News Organizations Spring into Action to Cover Capitol Riot. Numerous news organizations were already on hand in Washington, DC on Wednesday to cover the certification of the 2020 election results and they quickly shifted gears as hundreds of Donald Trump supporters turned from protesting to rioting as they stormed the U.S. Capitol, overwhelming the unprepared Capitol police. Salem Radio Network VP/news & talk programming Tom Tradup says that Salem Radio Network News and TOWNHALL News produced two extended, 15-minute special reports titled “Chaos At The Capitol” to provide their O&O stations and all affiliates the latest breaking news from Congress, even as the lockdown continued following security breaches earlier in the day. Tradup says White House correspondent Greg Clugston anchored the reports with updates from U.S. Senate correspondent Bob Agnew and U.S. House correspondent Bernie Bennett. Though both Agnew and Bennett were inside the Capitol when the breach happened, they were removed from their usual broadcast desks but were able to file their reports and update listeners using their cell phones. ABC News Radio offered breaking news coverage to affiliates as the invasion of the Capitol was taking place but also produced the special program “Chaos at the Capitol” that aired in the 7:00 pm ET hour anchored by Aaron Katersky with assistance from correspondents.

Townquare Media Completes $550 Million Senior Secured Note Offering. On Wednesday (1/6), Townsquare Media filed a report with the Securities Exchange Commission announcing that is has completed the sale of $550 million aggregate principal amount of its 6.875% senior secured notes due 2026 that it announced in December. Townsquare says that it used a portion of the net proceeds from the New Notes Offering to repay debt accrued under its term loan facility provided under the Existing Credit Agreement. The company also intends to use a portion of the net proceeds from the New Notes Offering, together with cash on hand, to redeem all of the Company’s outstanding 6.500% senior notes due 2023 on January 14, 2021, and to pay the premium, fees and related expenses. The New Notes bear interest at a rate of 6.875% and mature on February 1, 2026. Interest is payable on the New Notes semi-annually in cash in arrears on February 1 and August 1 of each year, commencing on August 1, 2021. Townsquare used a portion of the net proceeds from the New Notes Offering to repay borrowings under its term loan facility provided under the Company’s existing credit agreement, dated April 1, 2015. It also terminated its revolving credit facility under the Existing Credit Agreement and all other obligations thereunder were repaid effective January 6, 2021.

Save Time and Money in Public Affairs Programming. One of the requirements the FCC makes of radio stations is that they address “local issues and local problems” in order to serve the public. How stations do that is required to be part of their quarterly reports filed with the Commission. Shel Lustig, president of MediaTracks Communications, says that syndicated public affairs programming not only saves money but also saves time by including the quarterly reports the FCC requires. His company has been producing and syndicating award-winning public affairs radio programs for more than 30 years, with more than 1,200 affiliate radio stations across the country. He has more to say about the use of syndicated public affairs programs and you can read it here.

Radio’s Bob Lawrence Announces Retirement. Radio pro Bob Lawrence announces he is retiring from Revenue Development Resources after a 54-year career in the broadcasting industry. During that time, he’s been an air-talent, program director, and general manager. He served with the Radio Advertising Bureau for 14 years and spent the past six years with Revenue Development Resources. RDR president Mark Levy says, “I have had the great privilege of working with Bob Lawrence for 13 years, first at the RAB and then with RDR. During that time, he amazed me with his energy and the respect so many people in the industry had and continue to have for him. But even more than that, he never stopped learning, and he never was anything but nice to people. I know that last part is often brushed over, but it is truly something that made Bob stand out from so many others in this business. He’s been a cheerleader, a sounding board and a sage for so many people…the industry is certainly going to miss him!”

TALKERS News Notes. WGN-AM, Chicago is debuting “Blackhawks Live” on Monday (1/11). The hour-long program will air at 7:00 pm hosted by Chris Boden and Nick Gismondi. WGN sports director Dave Eanet says, “This is going to be a must-listen for Blackhawks fans. WGN listeners already know Chris and his knowledge of the Blackhawks, and we’re thrilled to welcome Nick and his Hawks expertise. Together they’ll deliver an insider perspective on everything from the players to the games.”…..Entercom announces that its campaign to raise funds for those without enough to eat raised more than $1.1 million – including a record-breaking one-day toll of $358,250 – as a part of the 35th annual Hungerthon campaign. Entercom’s New York stations – including sports talk WFAN and all-news WINS and WCBS-AM – partnered with WhyHunger for the campaign. Entercom New York SVP and market manager Chris Oliviero says, “This year has presented all of us with unprecedented adversity and forced us to reflect on what’s important. Like we’ve proven time and time again, our ability to support one another in times of struggle is one of our greatest attributes as New Yorkers, and we are proud of our colleagues and listeners for coming together for our neighbors in need. As we’ve done since its launch, we are once again honored to support WhyHunger’s annual Hungerthon and the selfless mission to end hunger.”…..SiriusXM announced today it has signed a new agreement to become the exclusive audio broadcaster of the Masters Tournament. For the 2021 Tournament, scheduled for April 5-11, SiriusXM will produce and present live play-by-play broadcasts all four days of Tournament play from Augusta National Golf Club in Augusta, Georgia…..WNYC Studios’ podcast “Death, Sex & Money” announces the launch of “Getting Real About Getting Older,” a special episode and live radio program “to create space to talk about aging – because we don’t talk about it enough in our society, and when we do, we don’t often do it well.” WNYC Studios says, “The project was inspired by a listener’s feedback that DSM host Anna Sale (who is 40) didn’t seem to understand aging. It was a comment that came in last year, at a time during which the value of people of a certain age was being challenged and questioned at every turn – from callousness surrounding seniors dying from COVID, to questions about Joe Biden’s competency for the job of president based on his age.”…..Nashville Public Radio’s WPLN News hires Paige Pfleger as the newsroom’s first arts, culture & music reporter. WPLN news director Emily Siner says, “Having this beat in our newsroom will allow us to give Nashville and Middle Tennessee’s arts and music community the coverage it deserves. Paige has the reporting and storytelling chops to show how the arts are a lens to understand broader civic and cultural issues.”…..GCN-syndicated talk radio host Dr. Daliah Wachs picks up new affiliate stations KBFI, Bonners Ferry and KSPT, Sand Point – both in Idaho – plus iHeartMedia’s WONK-FM, Washington, DC as they add her show to their program schedules.

Trump Supporters Storm Capitol, Congress Certifies Biden Victory, Democrats Win Georgia Runoffs/Dems to Control Senate, and COVID-19 Stats & Vaccines Among Top News/Talk Stories Yesterday (1/6). Supporters of Donald Trump storm the U.S. Capitol disrupting the certification of Joe Biden’s victory; Congress reconvenes in the evening to certify Biden’s election victory; Democrats Raphael Warnock and Jon Ossoff defeat their Republican opponents in Georgia’s runoff elections, giving Democrats slim control of the U.S. Senate; and the fast-rising number of COVID-19 cases in the U.S. and the rollout of vaccines were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

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Category: Front Page News, Industry News

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