Tag: "Alfred Liggins III"
TALKERS 2016 Conference to Feature Podcasting Panel. Attendees at this year’s TALKERS 2016 Bridging the Generations conference at Hofstra University on Friday, May 20 will have the opportunity to hear PodcastOne chairman and founder Norm Pattiz moderate “The Podcasting Session.” This panel will feature: Panoply/The Slate Group chief content officer and co-founder Andy Bowers; WOR, New York program director Tom Cuddy; Hubbard Radio SVP of programming Greg Strassell; and Edison Research VP of strategy Tom Webster. This panel discussion will delve into the issues relevant not only to the podcasting platform itself, but also into issues AM/FM broadcasters who are also producing podcasts are dealing with. TALKERS magazine executive editor Kevin Casey says, “Podcasting is obviously a hot topic in the radio industry right now. Talk radio practitioners are eager to learn about the best practices for producing and selling this digital content and this panel discussion, led by industry pioneer Norm Pattiz, will send them home with actionable information on this nascent form of broadcasting.” TALKERS 2016 Bridging the Generations is nearing a sellout. For complete agenda information click here. To register or for sponsorship information, call 413-565-5413.
Emmis Fiscal Q4 Revenue Down 6%. The Indianapolis-based company functions on a fiscal calendar and its 2015 fourth quarter ended on February 29 of this year. Emmis Communications reports its radio net revenue was $36.4 million, down 6%. For the full fiscal year of 2015, radio revenue was $169.2 million, compared to $176.3 million in the prior year, a decrease of 4%. President and CEO Jeff Smulyan states, “Emmis’ fourth quarter was weak, mostly due to expected underperformance in Los Angeles. The good news is our first quarter is much improved and currently pacing flat to the prior year. New York’s performance has been stellar, ratings in LA have begun to grow again, and ratings across our other radio markets are very strong. NextRadio is coming off a fantastic National Association of Broadcasters convention, and momentum is building. At NAB, it was announced that PRSS, the distribution network for public radio, is being integrated into NextRadio. Carrier and handset conversations are robust, and advertiser interest is high. In addition, we will launch in our first international market, Peru, in the coming weeks. I couldn’t be more pleased with the efforts of Paul Brenner and his team in bringing NextRadio to our industry and to listeners everywhere.”
Salem Media Group Broadcast Revenue Rises 4.2%. It was a quarter of increases all the way around for Salem Media Group. Its total revenue increased 4.4%. The broadcast segment saw revenue rise 4.2%. Digital media was up 4.6% and publishing revenue increased 6.5%. CEO Ed Atsinger says the 4.2% broadcast sector increase “compares favorably to the market generally which was up about 1.7% at least in the markets in which we operate according to Miller Kaplan. Our block programming had another solid quarter, up 7.1%, local spot revenue grew 3.6%, network revenue grew by 16.7%. And geographically, we had a strong market performance in Los Angeles, Chicago, Atlanta, while facing some weakness in the Dallas market.”
Radio One Reports First Quarter Revenue Hike of 3.1%. Company president and CEO Alfred Liggins III says the good first quarter news is continuing into the second quarter. For Q1 of 2016, Radio One net revenue was approximately $109.1 million, an increase of 3.1% from the same period in 2015. Station operating income was approximately $39.6 million, an increase of 10.1% from the same period in 2015. Liggins states, “We saw a sequential monthly improvement in our radio revenues as the first quarter progressed, and that positive momentum is continuing into Q2 where we are pacing up low single digits. Political revenues were strong, which augurs well for the fourth quarter when we historically receive the bulk of political radio advertising. TV One had a strong first quarter, with growth in both advertising (+3.5%) and affiliate revenues (+12.3%). All four of our reportable segments posted year-over-year, double-digit adjusted EBITDA growth. Overall I was pleased with our 13% growth in consolidated adjusted EBITDA, the stabilization of our radio revenues, and growth of radio cash flow.”
Saga Communications Net Revenue Up 12.7%. For the radio segment of Saga Communications, the pro forma net operating revenue was up 4.6% on revenue of $27.5 million for the first quarter of the year. The company closed on its purchase of classic rock WLVQ, Columbus during the quarter and had been operating the station under an LMA since last November. Saga reports that free cash flow increased 35.4% to $4.9 million and operating income increased 40.1% to $5.3 million.
Sports Talker John Lund Crosses Street to KNBR, San Francisco. The Bay Area sports talk personality leaves Entercom’s KGMZ “95.7 The Game” to become co-host of the afternoon drive show at Cumulus Media’s KNBR with Tom Tolbert. John Lund co-hosted the midday “Papa & Lund” show with Greg Papa at KGMZ. He’s also worked at KXTG-AM, Portland; KESN-FM, Dallas; WXYT-FM, Detroit; WEAE-AM, Pittsburgh; and KZNS-AM, Salt Lake City. KNBR program director Lee Hammer says, “John brings a wealth of sports knowledge and experience to KNBR. He’s worked in San Francisco for several years, and has keen insights into our Bay Area teams. KNBR fans are in for a real treat when he’s teamed up with Tom Tolbert in afternoon drive. It will definitely be ‘appointment listening.’”
Ramsey, Rich Headlining Radio Show. In a vCreative-sponsored session, financial expert/radio host Dave Ramsey will keynote this year’s Radio Show. Part of his “Cutting Edge Trends in Marketing” address at the confab, produced by the Radio Advertising Bureau and the National Association of Broadcasters, will include a conversation with country music artist John Rich (right) of the duo Big & Rich. According to RAB president and chief executive officer Erica Farber, “We are delighted and honored that Dave Ramsey and John Rich will join us at this year’s conference. These two incredible innovators will share some great ideas. Radio Show attendees will walk away with tremendous takeaways they can then put to use immediately.” NAB executive vice president of radio John David comments, “The power of radio has contributed to the successful careers of both Dave Ramsey and John Rich. We are pleased to present these talented and engaging individuals at the Radio Show.” Ramsey’s daily syndicated eponymous radio program is heard on more than 550 stations, while his “Financial Peace” and “Total Money Makeover” books have sold more than a combined 10 million copies. He was inducted into the NAB Broadcasting Hall of Fame in 2013 and into the National Radio Hall of Fame two years later. The Radio Show will be held in more than four months (9/21 – 23) at Nashville’s Omni Hotel; The Ramsey-Rich session takes place the first day of the conference, Wednesday, September 21.
PodcastOne and MediaDC Launch Two New Podcasts. Two new shows are debuting on the PodcastOne platform. MediaDC, publisher of The Weekly Standard and Washington Examiner, is working with PodcastOne to present “Examining Politics by Washington Examiner” and “Weekly Standard Confab.” Washington Examiner senior congressional correspondent David Drucker hosts “Examining Politics” which will revolve around the publication’s editorial content. It’ll feature Drucker and a roundtable of staff. “The Weekly Standard Confab” is hosted by managing editor Eric Felton, who will be joined by a different guest each segment to talk about topics ranging from politics, policy and international affairs, to arts and culture. PodcastOne chairman and CEO Norm Pattiz says, “There’s just too much going on this election season for PodcastOne not to be part of it. In partnering with MediaDC to produce and distribute podcasts from The Weekly Standard and Washington Examiner, we’ve accomplished our mission.”
Odds & Sods. The USA Radio Networks-syndicated “Trending Today USA” with Rusty Humphries moves to the 12:00 noon to 3:00 pm ET daypart and adds a new affiliate in iHeartMedia’s WGST, Atlanta. Station PD Dan Hunt says, “Rusty has a great history in Atlanta and we are excited to have him back on Talk Radio 640 WGST. ‘Trending Today USA’ provides our listeners with the latest news and information in real time, while bringing a fresh perspective that can’t be duplicated anywhere else in the market.”…..KCSP, Kansas City sports talkers Danny Parkins and Carrington Harrison were disturbed by the Kansas City Chiefs’ decision to draft Tyreek Hill after the football player had pleaded guilty to hitting and choking his pregnant girlfriend. They decided to do something positive about it and started a GoFundMe campaign to raise money for the Rose Brooks Center domestic violence shelter. So far they have raised more than $12,000.
The Presidential Race, Hillary Clinton Email Server Case, Battle Against Islamic State, North Korea Nukes, Russia-NATO Tensions, California Ups Legal Cigarette Purchase Age, and NBA-NHL Playoffs Among Top News/Talk Stories Yesterday (5/4). GOP candidate Donald Trump secures the nomination with a victory in the Indiana primary election; allegations by Romanian hacker Guccifer that he accessed Hillary Clinton’s private email server; the death of a Navy SEAL in Iraq and the ongoing battle against Islamic State; the reported build-up of nuclear weapons by North Korea; Russia’s military posturing and threats against NATO; California becomes the second state to make tobacco purchases legal for those 21 and older; and the NBA and NHL playoffs were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Movement Afoot to Curtail Media’s Free Speech? In a story by Paul Bedard of the Washington Examiner, he writes that Federal Elections Commissioner Lee E. Goodman warns there is brewing sentiment within the FEC to support changing the exemption that the media enjoys regarding support of political candidates and/or issues. Goodman tells the paper, “I think that there are impulses in the government every day to second guess and look into the editorial decisions of conservative publishers.” The piece cites Premiere Networks talk star Sean Hannity and the movie division of Citizens United for effectively endorsing candidates. As the story notes, all media currently enjoys the right to endorse candidates and promote them without being subject to limits or disclosure requirements. It’s unlikely that such a move would pass legal muster but Goodman’s comments to the Examiner indicate frustration with conservative media on the part of liberal staffers at the FEC.
Jennifer Perry Exits WYAY, Atlanta. The former WGST, Atlanta afternoon news anchor had been the news director at Cumulus Media’s all-news WYAY “All News 106.7” since its inception as a news station 16 months ago, but now the Atlanta Journal-Constitution’s Rodney Ho reports Perry is leaving the station for a position outside the radio biz. The move coincides with the station’s addition of another talk show that begins Monday, May 12 – this one featuring Michael Graham in the 9:00 am to 12:00 noon slot – to what had been a true all-news format. There’s no indication the programming changes were part of Perry’s decision to exit. Kim “The Kimmer” Peterson has been hosting a show from 12:00 noon to 3:00 pm since last fall. Ho also reports that he hears the station will change its handle from “All News 106.7” to “NewsRadio 106.7” in the near future.
CCM+E Teams with Grupo Radio Mexico for iHeartRadio Hispanic Network. It was a natural progression given Clear Channel Media + Entertainment’s existing relationship with Grupo Radio Mexico syndicating “El Show Del Mandril” via Premiere Networks, but the additional ventures announced today (5/8) take the relationship much deeper. The launch of the iHeartRadio Hispanic Network will mean listeners to the digital entertainment platform will be able to hear Grupo Radio Centro, Grupo Radio Mexico stations and “El Show Del Mandril.” Grupo Radio Mexico owns and operates 51 radio stations across multiple formats in 13 Mexican markets — including the leading station cluster in Monterrey and Guadalajara. As part of the deal, beginning later this year, iHeartRadio will become the exclusive digital ad sales provider for these market-leading Mexican stations. In what CC is calling an industry first, it will replace all local Mexican station ads with consumer-targeted U.S. ads and that this also marks the first time iHeartRadio will provide U.S. listeners with radio broadcasts from leading stations throughout the Mexico Republic. GRC chairman and CEO Francisco Aguirre says, “This is the second step in the groundbreaking partnership between our two companies. Bob Pittman and I share a vision to expand both companies beyond their respective borders in a very fast paced and evolving digital landscape. Our Mexico stations are market leaders across all demographics and we look forward to their natural expansion in the U.S. through the iHeartRadio Hispanic Network.”
Biz Biggies Rock On — The Colorful History and Present-Day Innovation of Industry Entrepreneur Steve Lehman. Actually there are two stories here. One is the colorful history about the birth and early days of Premiere Networks which was launched by noted industry entrepreneur Steve Lehman and his partners Tim Kelly, Louise Palanker, and Ed Mann in the mid-1980s and went on to become one of network radio’s greatest successes. The second story is about the more recent launch of an extremely innovative multi-media, radio-based syndicated program called “Business Rockstars,” hosted by brilliant business expert and organizer of billionaires, Ken Rutkowski. What is the connection between these two stories? Steve Lehman. In a fascinating two-part special feature written by TALKERS managing editor/west coast bureau chief Mike Kinosian, we are taken on a radio journey that spans three decades from the early days of modern syndication and consolidation to today’s leading edge of multi-platform talk radio. “I saw the need for something that was not ‘old politics’ on talk radio,” declares Lehman, who was fascinated by an article that indicated there are 30 million “wantrepreneurs” in the United States. “I thought that is a great audience to try to educate and to entertain about something I am passionate about — entrepreneurship. ‘Business Rockstars’ is an entrepreneurial business platform that is driven by radio, television, and social media. Those are the springboards to the monetization model, which is live events, content and product sales, and membership.” Part one begins today (5/8). Read it by clicking here.
CRN Digital Talk Syndicates ‘Let’s Talk Tech.’ The weekly radio program “Let’s Talk Tech” with host Christian Wheel is now being syndicated nationally by CRN Digital Talk Radio. The program airs live Saturdays 8:00 pm ET from home base KFWB, Los Angeles. The show is described as covering everything from “smartphones to the internet, home theater to security, software to digital cameras.” CRN CEO Michael Horn says, “Christian is fluent in things called ‘C/C++,’ ‘Visual Basic’ and ‘x86 assembly.’ But more important, he’s fluent in radio. Christian explains tech-related topics so everyone can understand and enjoy them.”
Help for the Industry from the Experts at LDR Interactive. The company says that it is launching its #Engage Blog to offer “broadcast solutions to motivate, measure and monetize your audience.” LDR Interactive says the #Engage Blog shares “perspectives from the leadership team behind the Listener Driven Radio phenomenon and the growing TopicPulse real-time social measurement platform.” The LDR #Engage Blog will feature insights on motivating, measuring, and monetizing audience engagement by offering a behind-the-scenes look at some of the most successful implementations of real-time, social, local, mobile, and interactive programming across LDR’s partner stations. LDR says it will also share unique perspectives from its world-class team of software engineers, broadcast managers, sales managers, and programmers. Blog posts have been published by CEO, Daniel Anstandig; director of sales, Tracy Gilliam; and TopicPulse support and client services manager, Dana Hall.
Sullivan Heads to Brew Town with Entercom. From his most recent gig with Cumulus Media in Mobile, Chuck Sullivan heads north to the Dairy State to serve as VP/GM for Entercom’s Milwaukee cluster, taking over for Michael Keck who left for opportunities in the Twin Cities. Sullivan will oversee CHR WXSS “103.7 Kiss FM,” hot AC WMYX “99.1 The Mix,” and sports talk WSSP “Sports Radio 1250.” He says, “I couldn’t be more excited about this tremendous opportunity. Entercom Milwaukee has some of the most powerful and iconic brands, from ‘Kiss FM,’ the most-listened-to station in Wisconsin, to ‘99.1 the Mix’ and ‘SportsRadio 1250.’”
Odds & Sods. The Ayn Rand Institute announces it will begin producing a weekly, two-hour talk radio program hosted by executive director Yaron Brook. In addition to seeking AM/FM affiliates, the program will air on the digital Liberty Express Network and the Ayn Rand Institute’s own site, aynrand.org. The show debuts June 9…..Sports talk personality Jay Mariotti expands his digital reach by joining with PodcastOne for distribution of his daily show. Mariotti’s program is heard via Genesis Communications Network and on his own Mariottishow.com platform…..Lisa Namerow, former SVP of strategic partnerships and audio monetization at Slacker Radio is joining XAPPmedia as senior vice president of business development and publisher relations for the company that provides an interactive audio advertising service.
Nielsen to Make Cuts at Three Call Center Locations. The Baltimore Sun reports that Nielsen will make cuts to its call-out workforce at locations in Sarasota, Florida; Radcliffe, Kentucky and Columbia, Maryland. The paper reports the call center cuts are part of the company’s efforts to consolidate operations since the acquisition of Arbitron by Nielsen last year. Though no filing with the Maryland State Department of Labor has been reported, filings have been made in Florida and Kentucky with cuts of 220 and 237 workers being made respectively.
Net Revenue Up 12.1% at Radio One; Liggins Cautious. The financials from Radio One, Inc. for the first quarter of 2014 are in and the company reports net revenue was approximately $111.1 million, an increase of 12.1% from the same period in 2013. It reported a net loss of approximately $25.2 million or $0.53 per share compared to $18.1 million or $0.36 per share the same period a year ago. Radio One president and CEO Alfred Liggins III says, “Reflective of the broader economy, we experienced a slowdown in revenue growth in Q1. Adjusting for timing differences on major events, consolidated revenue was up by 5.4% compared to Q1 2013. Looking across the segments, TV One achieved its highest-ever show ratings, with the “NAACP Image Awards Show.” However, the benefits of the NAACP partnership will be felt over the longer term as during the first quarter, TV One had higher programming amortization associated with the initial telecast of the Image Awards. Our internet business continued its profitable trajectory and had robust 27.6% revenue growth year-over-year. Looking ahead, core radio revenue is currently pacing down mid-single digits for the second quarter, but we anticipate markets picking up momentum in the second half of the year as political spending ramps up.”
Lew Dickey Is “Bullish on the Stick” – Shares Insights into the Big Picture of Cumulus Media’s Corporate Strategy at Canadian Music Week. In a “Fireside Chat” between Cumulus Media president/CEO Lew Dickey and Talkers/RadioInfo publisher Michael Harrison held during the opening sessions of an international radio summit in Toronto, the head of the America radio industry’s second largest group said that he is “bullish” on radio when asked where the stick stands within his company’s long-term strategy. The 40 minute-conversation took place at 9:30 am Wednesday (5/7) at “Radio Interactive: International Radio Summit” held as part of this week’s ongoing multi-media festival, “Canadian Music Week.” Dickey made the comment when asked by Harrison how Cumulus plans to balance its attention between the traditional AM/FM federally licensed platform (the “stick”) and all of its many digital age assets. Harrison asked, “Considering the massive amount of capital you have invested in traditional radio, is there the danger of a conflict between the stick and your other media? More importantly, how do you feel about the future of the traditional radio station in general in this rapidly changing environment?” Dickey responded that – yes, “times have changed in the past five years alone faster than ever and will probably change even faster in the coming five years” but he is nonetheless “bullish on the stick” and that all of Cumulus Media’s projects and multi-media endeavors are based upon the foundation and strength of traditional radio. He said, “What we are doing is building upon our radio assets as the foundation of our larger media reach, always keeping in mind the importance of radio as the base of this larger system.” Dickey went on to say that he personally believes in the uniqueness, importance and future of radio as a vital audio medium and has great respect for the basics that drive its success – music, entertainment, information and especially talent. He summed it up stating, “In today’s media marketplace, the size of your reach counts. You can’t effectively compete with emerging and already-existing giants such as Google with limited audience reach – that’s why you have to be able to provide advertisers with a large, multi-media package for maximum exposure which even includes magazines that we have among our assets. That does not mean we do not value the tremendous importance of radio or the radio station in particular. It is just that the ability of each station to compete effectively is enhanced when it is connected to a larger set of platforms increasing the reach we can provide to advertisers.” Acknowledging Harrison as one of the industry’s leading experts on talk radio, he praised the importance of the format “in its broader definition” – even as it applies to music radio — stating, “Talk radio is more than just the political talk that many tend to narrow it down to when referring to the format. Talk radio is all over the radio in many different forms…it appears on rock and pop music radio as morning shows, it’s in the all-news broadcasts…it is certainly in sports talk and it is our very act of talking that makes radio programming of all formats really work.” When Harrison complained that there doesn’t seem to be the same level of format innovation today as there was in the past – and that he can’t see how radio can survive if its owners and managers think today’s formats can exist in a ‘snapshot’ and not be replaced by new ones, especially when these rapidly changing times demand it, Dickey smiled and said, “You must have been a fly on the wall at one of our recent corporate meetings! I specifically asked the question, ‘When was the last time we’ve seen a significantly new format emerge in radio?’ There is no doubt this is a concern that we care about greatly. However, I want to point out that we have good programming people on our team and we encourage them to be creative in this regard.” Dickey added, “However, keep in mind, formats DO evolve as the times demand… it is just not always as noticeable as the debut of brand new formats that mark a departure from those that came before them.” Harrison asked Dickey about audience measurement stats and his view of the PPM in particular to which he responded that “PPM would be far more accurate if we had a larger sample and until that day we have to deal with the potential of large fluctuations that can cause problems especially when dealing with tight margins within the rankings of stations.” When asked if he counters that with some emphasis on qualitative selling in addition to the quantitative approach – especially on the local level, Dickey responded, “Even on the local level advertisers want data – we are living in an age in which data and measurement play a critical role in just about everything. So even in situations in which there are no ‘ratings’ per se, it is incumbent upon the sales force to come up with information that conveys something measurable.” Immediately following the conversation with Dickey, Michael Harrison was asked how he felt it went to which he responded, “That guy is one smart dude!” Prior to facilitating the chat with the Cumulus head, Harrison delivered the conference’s keynote address titled, “Staying Iconic in the New Pop Culture,” in which he reiterated his basic principles that for music radio to maintain its standing in society it must reclaim ownership of the music culture and not stray from the basic tenets of entertainment, magic, humanity and caring – trusting its future as much on instinct and courage as on research and fear.
Global Warming/Clean Air Act, Boko Haram Kidnappings, Monica Lewinsky Vanity Fair Piece, 2016 Presidential Race/Mid-Term Elections, House Holds Lois Lerner in Contempt, and Russian Aggression in Ukraine Among Top News/Talk Stories Yesterday (5/7). The Obama Administration’s push for tougher regulations on power plant emissions and the debate over global warming; the global community’s response to the capture of Nigerian school girls by the militant Islamist group Boko Haram; Monica Lewinsky breaks her silence about affair with President Bill Clinton; the potential candidates for president in 2016 and this fall’s mid-term elections; former IRS official Lois Lerner found in contempt by House; and continued concerns about Russian aggression in Ukraine were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.