Tag: "Bank of America Merrill Lynch Media communications & Entertainment Conference"
Les Moonves Tells Investors Network Sports Radio Biz is “Found Money.” That CBS is bullish on sports is not news – CBS CEO Les Moonves has said that before. But he reiterated his company’s dedication to the industry and – citing the new CBS Sports Radio Network venture – called it $10 million to $15 million worth of “found money.” Speaking at the Bank of America Merrill Lynch Media, Communications & Entertainment Conference in Beverly Hills yesterday, Moonves told the conference the sports radio network business is a $150 million industry, “With our deal with Cumulus, we have reach. We’re in nine of the top 10 markets. We have the capacity to put on a lot of stuff. We think right away we’re going to get about 10% of the market. That’s going to be a significant hit right away and that should grow. It’s a great marketplace; rather easy to do. As far as we’re concerned it’s 10 or 15 million [dollars] of found money that we think will grow.” CBS is entering into a fast-growing marketplace already dominated by ESPN and with entrenched radio players Fox Sports Radio Network, Yahoo! Sports Radio and new entrant NBC Sports Radio – a partnership between NBC and Dial Global. Sure, there’s a ton of money in sports media right now, but how fast this market gets saturated is a question industry watchers are pondering.
Glenn Beck’s TheBlaze Gets Television Profile with DISH Network Deal. Talk show host and digital media pioneer Glenn Beck is soon to be seen on television after his TheBlaze, Inc. agrees to a deal with DISH Network to have his online 24-hour news, information and entertainment network available on the satellite TV provider. Under terms of the deal, TheBlaze will be available to DISH viewers on channel 212 as part of DISH’s America’s Top 250 package or a la carte for $5 a month. The channel launched Wednesday at 5:00 pm ET. It’ll be available as a free preview for all DISH customers through September 26. In a statement, Beck says, “TheBlaze has helped revolutionize television over the internet and now we are excited to bring the revolution back to traditional television. TheBlaze will be home to news, information and entertainment programming with the facts and stories people care about most and we look forward to kicking things off with DISH.” Mercury Radio Arts president Chris Balfe blogged about the success of Beck’s new venture and how this deal came to pass. “Prior to our initial launch I was often asked why we didn’t pursue a traditional cable channel. There were several factors, but the biggest was that we wouldn’t have been able to build the channel we wanted back then without giving up control. To get on the air we would have had to partner with a large media company that could provide us with the staff, infrastructure and distribution necessary to launch a new network. That was something that we simply were not willing to do. The whole point of starting our own network was to be free from outside influences — giving that independence up right away in exchange for distribution was a non-starter. And so we found another way. But now, a year later, everything has changed. Our subscribers’ enthusiasm and support has allowed us to make the necessary investments in programming and infrastructure, and we’re now in a position to launch a cable and satellite channel without losing control.”
Clear Channel Media and Entertainment Promotes Julie Talbott. The president of content and affiliations for Premiere Networks is upped to a new post – president of content and affiliations for CC’s National Media Groups. Talbott retains her oversight of Premiere Networks but adds new duties as she’ll answer to Kevin Dorsey, president of the National Media Groups who, in turn, reports directly to chairman and CEO John Hogan. A statement from Clear Channel notes Talbott’s “new role will include leading and maintaining key affiliate relationships to sell and service Premiere Networks, Total Traffic Network and iHeartRadio, Clear Channel’s industry-leading digital radio platform. The new position will provide the company’s affiliates with a simplified and streamlined point of contact for communicating and conducting business across Clear Channel’s diverse group of subsidiaries.” Talbott says, “I enjoy working with our clients and partners, and this alignment of our affiliate efforts will allow us to better serve and communicate with stations throughout the U.S. I’m looking forward to working with the amazing teams across the company as we continue to demonstrate the unique relationship CCM+E has with our audience.”
Cox Media’s KRMG-AM/FM, Tulsa Names Levi May Program Director. The PD post at KRMG-AM/FM, Tulsa opened up when long-time programmer Drew Anderssen moved to Cox Media’s Orlando news/talker WDBO-AM/FM. Levi May served as WDBO’s assistant PD prior to his new position in Tulsa.
Talk Radio Weekends: Two Sure Shots. Talk radio consultant Holland Cooke offers advice on weekend programming for talk radio stations that fits in with the P1’s weekend lifestyle and has the opportunity for bringing in revenue. Sure, it’s lifestyle-oriented stuff but while many of those categories are well-serviced by nationally syndicated programs, Cooke says these two suggestions are tailor-made for local professionals. Read Holland Cooke’s piece here.
WVON, Chicago News Pro Sharon McGhee Loses Battle with Cancer. Journalist, writer and radio news director Sharon McGhee died in Columbia, Missouri on September 11 at age 54 after a long battle with ovarian cancer. She joined urban talk WVON, Chicago in 1997 and was promoted to news director the following year. She left the radio business to focus on her love of the arts and entertainment and in 2007, wrote the critically acclaimed “The Pocketbook Monologues” and subsequently directed multiple staged performances across the United States. McGhee returned to WVON in 2008 as news director and resigned from that position in 2010 due to health reasons. WVON president Melody Spann Cooper states, “Sharon McGhee was one of the most creative people I’ve ever known. Her determination, passion and drive brought her to Chicago where she excelled in everything that was on her professional and personal agenda. She was a rare breed determined to do it her way, and she did.”
Former Merlin Media News Pros Land with Virtual News Center. News staffers Veronica Carter and Katherine Kelly were two of the news pros who worked at Merlin Media’s FM news outlet in Chicago and exited the station when it flipped formats. They join the team at Virtual News Center which describes itself as “the largest independent provider of local news for radio heard on over 175 stations in nearly 80 markets.” The company works on a cash direct basis or via barter through Envision Radio Networks. Veronica Carter spent her 25 year radio career in Illinois, Indiana, and California, heavily involved in all facets of news reporting and anchoring. On her Merlin experience she says, “Working for Merlin Media was short lived, but an adventure to say the least! Glad to be with Virtual News Center, it’s actually fun doing newscasts all over the country!” Katherine Kelly worked in Peoria, Illinois and the Quad Cities as well as in Seattle and Chicago. Kelly anchored news as a part of some of the country’s top morning shows. She also helped launch the Oprah Radio Network on Sirius XM. She states, “I am incredibly honored to be joining the team at Virtual News Center. Now I can cover just as many cities without leaving home!”
New Jersey 101.5 Reporter Honored for Series on Teen Drug Abuse. The New Jersey Governor’s Council on Alcoholism & Drug Abuse honors New Jersey 101.5 reporter Stacy Proesbtle with its Community Service Award. Proesbtle is pictured here (from l-r) with NJ 101.5 brand manager Eric Johnson, NJ 101.5 news director Eric Scott, Proesbtle, and Council executive director John Hulick at the Council’s 21st annual Summit at the Hyatt Regency New Brunswick, New Jersey. Proebstle’s five-part series about the abuse of heroin and other opiates among New Jersey’s youth focused on prescription drug abuse, accidental overdoses, how abuse often begins at home and the fact that prescription drug abuse can happen to anyone. Proebstle talked to recovering addicts, parents, prevention specialists, substance abuse professionals and law enforcement officers to address current trends and issues along with possible solutions. On receiving the honor, Proesbtle says, “I’m absolutely delighted to receive this honor on behalf of the station and most genuinely grateful. It validates the importance of community service and giving back to one’s community.”
Cumulus San Francisco Inks 49ers for 12-Year Extension. Appearing on sports talk KNBR, San Francisco’s Murph & Mac morning show, Cumulus CEO Lew Dickey joined 49ers CEO Jed York to announce the stations and the NFL clubs have agreed to a 12-year contract extension to keep the team’s games on KNBR, news/talk KGO and rock KSAN in the market. During that appearance on the program, Dickey said, “While the trend in radio has been for shorter deals with sports teams, this 12-year partnership demonstrates the commitment of KNBR and Cumulus to the 49ers, and further cements KNBR as the ‘Sports Leader in Northern California’ for almost 25 years.”
WEEI, Boston Helps Celebrate Red Sox Broadcaster Joe Castiglione’s 30th Anniversary. Prior to last night’s Boston Red Sox game, Entercom sports talker WEEI celebrated the 30th anniversary of play-by-play announcer Joe Castiglione with an appearance at the WEEI studios by Castiglione on the afternoon drive “Big Show” with Glenn Ordway and Michael Holley. The evening also featured a half-hour pre-game tribute show that included a video at Fenway Park and on-field recognition from the team.
Conservative Chuck Morse and Liberal Dr. Patrick O’Heffernan Split. Veteran Boston-based conservative talk host Chuck Morse and California-based liberal Dr. Patrick O’Heffernan have ended their left-right internet talk radio program, “Fairness Radio with Chuck Morse & Dr. Patrick O’Heffernan,” after it became impossible to work together, according to Morse. The two will host separate programs on the internet and affiliated radio stations.
Long-Running Speaker Series Continues with Author of ‘Fast and Furious’ Book. WNDB, Daytona Beach talk host Marc Bernier (at left) conducted his 80th “Town Hall” interview and live broadcast in The Embry-Riddle Aeronautical University “President Speaker Series,” with Townhall.com investigative reporter Katie Pavlich (at right) before a live audience on Wednesday, September 12. Pavlich is author of Fast and Furious: Barack Obama’s Bloodiest Scandal and the Shameless Cover-Up (Regnery 2012). Photo: Arthur J. Byrnes.
U.S. Ambassador Killed in Libya Strike, Cairo Unrest, Obama-Netanyahu Relations, and Chicago Teachers Strike Among Top News/Talk Stories Yesterday (9/12). The death of U.S. Ambassador to Libya Christopher Stevens after a violent assault on the U.S. consulate; violent anti-American protests in Cairo; reports of President Obama’s snubbing of Israeli Prime Minister Benjamin Netanyahu and the Obama Administration’s Iran policy; and the continuing Chicago teachers strike were some of the most-talked-about stories on news/talk radio yesterday according to ongoing research from TALKERS.