Tag: "Caroline Beasley"
Beasley to Acquire Greater Media’s 21 Stations in Seven Markets for $240 Million. The two communications firms surprised the industry last night with an end-of-the-workday announcement that Beasley Broadcast Group, Inc. will acquire Greater Media, Inc. The deal is being structured so that Beasley will acquire all of the outstanding stock of Greater Media for an “aggregate consideration of approximately $240 million, subject to adjustments.” Greater Media shareholders are expected to receive approximately $100 million in cash and approximately $25 million in shares of the company’s Class A common stock (at a fixed value of $4.61 per share). In addition, the shareholders of Greater Media will receive the net cash proceeds from the sale of its tower assets, estimated to be approximately $20 million. Beasley will refinance approximately $80 million of debt of Greater Media. The deal will add Greater Media’s 21 radio stations to Beasley’s portfolio and gives Beasley entrance into the major market of Detroit with rock WRIF, classic rock WCSX, and classic hip hop and R&B WMGC. It seriously beefs up its Boston presence by adding five stations to current property ethnic WRCA-AM. Those stations are: classic hits WROR, country WKLB, rhythmic AC WBQT, adult contemporary WMJX, and alternative WBOS. It bolsters Beasley’s Philly and Charlotte holdings with the addition of sports talk WPEN, classic rock WMGK, rock WMMR, and adult hits WBEN in the former and news/talk WBT-AM/FM and hot AC WLNK in the latter. Beasley will be over the station ownership limit in Charlotte and will have to divest a couple of FM signals. Six New Jersey stations are also part of the package. Beasley says it intends to fund the acquisition through borrowings under a new credit facility that it expects to enter into in connection with the closing of the acquisition, together with cash and cash equivalents available to the company and the issuance of Class A common stock as described above. RBC Capital Markets and U.S. Bank have provided committed financing in support of the acquisition. Upon closing, Beasley’s portfolio of stations that it owns and operates will expand to 73 stations (52 FM and 21 AM) in 16 markets. BBG interim CEO and CFO Caroline Beasley says, “The acquisition of Greater Media’s broadcasting and related digital assets represents a transformational growth opportunity for Beasley and is strategically and financially compelling for our shareholders. The transaction increases our broadcast portfolio by approximately 40% and more than doubles our audience reach, giving us both market leading stations and great brands.”
WPHT, Philadelphia Personalities Report from RNC. Covering the Republican National Convention this week are WPHT, Philadelphia personalities Chris Stigall (AM drive) and Rich Zeoli (PM drive). Zeoli tells TALKERS magazine that on Tuesday, the CBS Philadelphia booth drew a big crowd as Breitbart’s Milo Yiannopoulos and author and conservative pundit Ann Coulter joined him for the entire 5:00 pm hour, live from media row (pictured at right). This interview happened just before Yiannopoulos was permanently suspended from Twitter for comments he made about Ghostbusters actress Leslie Jones. Meanwhile, Chris Stigall has been pulling double duty at the RNC, first hosting his morning show from 6:00 to 9:00, then serving as a correspondent for the company’s KYW-TV “CBS3” live from the convention floor for the station’s evening news (pictured above).
Rumors of Possible FOX News Talent Exodus If Ailes Forced Out. Coming on the heels of widespread media reports of Fox News chief Roger Ailes’ potential ouster from his long-held position, is a report in Breitbart that indicates some of Ailes’ faithful talent at FNC would be willing to follow him out the door, ostensibly to start a new, competing network. Ailes is being accused by former FNC personality Gretchen Carlson of sexual harassment. Other reports indicate Megyn Kelly has also said Ailes harassed her. The Breitbart piece states that the FNC talent referenced includes Bret Baier, Shepard Smith, Sean Hannity, Greta Van Susteren, and, possibly Bill O’Reilly. However, the piece concludes by saying none of the report is certain and that the situation could change quickly. Read it here.
The Presidential Race/Republican National Convention, Baton Rouge Cop Slayings, Black Lives Matter Movement, Turkey Coup Attempt, Twitter Bans Milo Yiannopoulos, FOX News-Ailes Case, Rio Olympics Troubles, and Garry Marshall Dies Among Top News/Talk Stories Yesterday (7/19). The activities of presidential candidates Hillary Clinton and Donald Trump tied with the action at the Republican National Convention; the aftermath of the slaying of three Baton Rouge police officers; criticism of the Black Lives Matter movement; the failed attempt to overthrow Turkey’s President Recep Tayyip Erdoğan; conservative media figure Milo Yiannopoulos is banned from Twitter after attacks on Ghostbusters actress Leslie Jones; the controversy surrounding Roger Ailes’ status with FOX News; the problems facing Rio De Janeiro as it prepares to host the Olympics; and the death of television’s Garry Marshall were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Odds & Sods. At the Tulsa operations of Cox Media Group, Mary Garcia is promoted to digital sales manager. In this role, Garcia will work directly with the Cox Local Solutions team, a collaborative effort between Tulsa TV, its six radio stations, and its cable platform. She joined the company 16 months ago as a digital sales specialist. In Tulsa, CMG operates news/talk KRMG-AM/FM, country KWEN “K95.5,” adult contemporary KRAV “Mix 96,” classic rock KJSR “The Eagle 103.3,” and contemporary Christian K289CC “Spirit 105.7.”…..Cumulus Media fills the 6:00 pm to 8:00 pm slot on sports talk WJOX-FM, Birmingham with Alabama natives Joe Hunk and Jon Lunceford. Their new show – “JOX Primetime” – replaces the previous 6:00 pm to 9:00 pm show hosted by Matt McClearin and Scot Harrison…..The NHL’s Florida Panthers and CBS RADIO’s sports talk WQAM, Miami have reached a multi-year contract extension to continue to broadcast play-by-play of Panthers games. Doug Plagens and analyst Bill Lindsay return to the broadcast booth…..Futuri Media announces that broadcast news pro Jill Manuel is joining the company as director, TopicPulse partnership development. The company says her “expertise with broadcast newsroom digital integration and successful history blending compelling journalism and engagement will provide a unique and specialized strategic resource for Futuri’s TopicPulse partners.”
Radio and TV Pro Pat O’Brien New Host of ‘Business Rockstars.’ The “Business Rockstars” media franchise has a new feature talent as radio and television pro Pat O’Brien becomes lead anchor. The company says O’Brien will play an “integral role in the newly revamped daily show that targets the 30 million entrepreneurs and ‘wantrepreneurs’ interested in starting and growing a business.” The company also notes that “Business Rockstars” is available on TV in more than 40 million homes and airs in 150 radio markets. Plus it’s streamed on numerous digital and social media platforms. O’Brien will join a team of hosts including five-time Emmy award winning TV news anchor Thuy Vu, best-selling author and entrepreneur Mark Lack, and correspondents Laurel Mintz (CEO of Elevate My Brand), Darren Kavinoky (“Investigation Discovery” host), Rachel McCord (The McCord List), James Sun (BBC TV’s “Sun Tzu’s ART OF WAR”), and Jessica Naziri (tech expert and content strategist). Business Rockstars chairman and co-founder Steve Lehman says, “Pat is a long-time friend and one of the greatest broadcasters on the planet. He brings a fresh new approach to business interviews with some of the world’s biggest CEOs, disruptors, and entrepreneurs. From hosting six Olympics, to anchoring “Access Hollywood” and “The Insider,” Pat brings a unique perspective in his approach and style to “Business Rockstars.”
CBS RADIO Dips 2% in First Quarter. When CBS Corp. delivers its quarterly financial reports, the focus is on television and this first quarter of 2016 is no different. As a whole, the revenue for the first quarter was $3.85 billion – an increase of 10%. But looking at radio – which is part of the company’s Local Broadcasting division – net revenue was down 2%. As for the status of the radio division, CEO Les Moonves and CFO Joseph Ianniello reiterated what’s been said publicly over the past few months: The company is pursuing making CBS RADIO a separate, publicly traded company and, at the same time, is listening to any offers to divest of some or all of the stations if it can do so in a tax-friendly manner.
iHeartMedia Reports Q1 Revenue Up 6%. Compared to the same period a year ago, revenue for the iHeartMedia division of iHeartCommunications Inc. increased $41.1 million – a jump of 6%. The company says the hike was “driven primarily by increases in our core radio business, both broadcast and digital, including the impact of trade and barter and political advertising revenues, driven in part by our live events, as well as increases in our traffic and weather business. Revenue also increased in our syndication business driven by growth in our news/talk format. Trade and barter includes the impact of marketing partnerships with our advertisers on live events, as well as revenue recognized in connection with advertising services provided during the quarter in connection with investments made in the fourth quarter of 2015 in certain non-public companies.”
Beasley Broadcast Group Q1 Revenue Rises 13.2% on Strength of New Tampa and Charlotte Properties. The net revenue for the first quarter was $27.5 million – an increase of 13.2% — that is largely the result of its late 2014 station swap with CBS RADIO. Beasley Broadcast Group traded five stations in Philadelphia and Miami for 13 outlets in Tampa and Charlotte (and one AM in Philly). Interim CEO Caroline Beasley (who also serves as EVP/CFO) comments, “While 2016 first quarter revenue included the cyclical return of political advertising, we generated organic revenue growth even without the political spending. In addition, we achieved our goal of our clusters, on a combined basis, outperforming the markets that report to Miller Kaplan for the full quarter and expect this trend to continue in 2016.” Beasley also notes that the company paid down $3 million against its debt, leaving the remaining debt standing at $86 million. She adds, “We intend to continue our use of cash from operations to further reduce debt, pay quarterly cash dividends and to pursue other opportunities to enhance shareholder value and during the first quarter declared our tenth consecutive quarterly cash dividend.”
Envision Networks Debuts ‘Today’s Comedy Network.’ The new comedy radio service from Envision Networks is called “Today’s Comedy Network,” and the company says it’s a “turnkey continuous comedy format for radio 24/7/365,” featuring “non-stop blocks of jokes and one-liners from the best comedians. This fast-paced, safe-for-work and in-the-car comedy fits perfectly for today’s radio listener.” Envision adds it’s “the first one that crosses all lines of income, ethnicity, education and gender. By using easily customizable distribution, affiliates can personalize the station to their own market with content, personalities, and contests. In addition to the informative host, each week a different comedian serves as the special guest host every hour for the entire broadcast week. Listeners will hear tracks from their latest release and inside stories about their travels, friends and insights about comedy.” Regular comics will include: George Carlin, Jim Gaffigan, Jeff Foxworthy, Christopher Titus, Brian Regan, Maria Bamford, Patton Oswalt, Bill Engvall, Eddie Izzard, Lewis Black, Gabriel Iglesias, Louis C. K., Ron White, Kathleen Madigan and many more. Envision president and CEO Danno Wolkoff says, “‘Today’s Comedy’ provides the best experience for radio stations to offer their listeners. The format provides the broadest demographic appeal in the crowded talk format arena and most of all; it’s very, very FUNNY!”
Dr. Drew and Adam Carolla Renew Chemistry with PodcastOne Show. For years, Dr. Drew Pinsky and Adam Carolla worked side-by-side on the nationally syndicated (and recently cancelled) radio show “Loveline.” Now, Carolla and Dr. Drew are back together for a daily podcast titled “Adam & Drew” on the PodcastOne platform. PodcastOne chairman and CEO Norm Pattiz says, “Adam and Drew, together again, five days a week – this time on PodcastOne. There’s really not much more that needs to be said. Who said you can’t go home again?”
WFDF, Detroit Adds Second Former State Rep. for Weekly Show. The station, being operated by Kevin Adell, brings former Michigan State Rep. Cindy Gamrat aboard to host a weekly, Thursday program. Gamrat’s joining the station comes not long after former State Rep. Todd Courser also began hosting a show on the station. Both Gamrat and Courser are facing felony and misdemeanor charges for alleged misconduct for trying to hide their romantic relationship while in office. Both are married. The Detroit News reports that Gamrat is taking on the new duties against her attorney’s advice. Both Gamrat and Courser face potential prison sentences for their alleged misconduct in hiding their affair.
The Presidential Race/Indiana Primary, Navy SEAL Killed in Iraq/Battle Against Islamic State, Syrian Civil Conflict, NATO-Russia Tensions, Flint Water Crisis, and NBA-NHL Playoffs Among Top News/Talk Stories Yesterday (5/3). The activities of the candidates for president and yesterday’s Indiana primary election; a U.S. Navy SEAL is killed in Iraq and the ongoing battle against Islamic State in the region; the U.S.’s warning to Syria to begin plans for Assad regime change; the military tensions between Russia and NATO; the Flint contaminated water situation and President Obama’s plan to meet with Governor Rick Snyder; 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.
Joyce Provides Color on Talk Radio Night in Chattanooga. WGOW-FM, Chattanooga early afternoon talk host Brian Joyce (left) poses for a pic with Chattanooga Lookouts play-by-play man Larry Ward (right) in the booth at AT&T Field. Joyce threw out the first pitch at the AA baseball club’s recent game against the Montgomery Biscuits on what the team dubbed “Talk Radio Night.” He says he was honored to be able to join Ward in the booth to do some color commentary. Joyce – a Division I college baseball player at Davidson College – reports that, unlike so many first pitches by celebrities, his was a perfect strike!
Michael Harrison Gets ‘Up Close and Far Out’ with Hubbard Radio Chair/CEO Ginny Morris. This week’s episode of the PodcastOne international hit program for media freaks features TALKERS publisher Michael Harrison in a conversation with the TALKERS 2016 recipient of the “Woman of the Year” award – Hubbard Radio chair and chief executive officer Ginny Morris. Morris discusses a wide variety of topics in a candid, informal phone dialogue including the huge impact that the death of Prince had on the Twin Cities market in which Hubbard is based and in which he made his home and was a beloved local figure. She discusses how Hubbard’s local talk station “myTalk107.1” – nationally known for its ongoing pioneering efforts in creating a spoken-word format specifically targeted to females – responded to the shocking event by going non-stop Prince talk. Listeners were invited to share their feelings and personal stories about living in the same community with the musical legend. Harrison also asks her about the station’s unique and brilliant campaign to promote this programming by putting the message on electronic billboards throughout the market that “myTalk107.1” was talking about Prince right now! She discusses the history of “myTalk107.1” and the many different approaches it attempted on its way to eventually gaining traction with a female-targeted talk format. Morris also relates how it feels being a third-generation broadcaster (her grandfather started the family owned-and-operated company in the Twin Cities back in the early 1920s). She optimistically discusses the challenges facing radio today competing in the digital era as well as attracting younger listeners and employees. Harrison asks her if the recent rapid growth of Hubbard in acquiring stations has generated the pitfalls of a corporate environment to which she answers it has not. She emphasizes that Hubbard’s stations are managed locally and do not receive micro-management marching orders from company headquarters. Morris says that Hubbard is extensively engaged in audience research on a “granular level.” She talks about the cultural importance of preserving radio and television history and heritage and cites her passion for the work being done at the Library of American Broadcasting at the University of Maryland among a variety of other topics. Ginny Morris will receive the “Judy Jarvis Memorial Award for Outstanding Contributions to the Radio Industry by a Woman” (a.k.a. “Woman of the Year”) at the forthcoming TALKERS 2016: Bridging the Generations convention on Friday, May 20 on the campus of Hofstra University in Hempstead, NY. To listen to the entire podcast, please click here or click on the “Up Close and Far Out” player box located in the right-hand column on every page of Talkers.com and RadioInfo.com. For complete information about TALKERS 2016: Bridging the Generations, please click here.
Cool Job Opportunities. KNX, Los Angeles has two openings in the news department. The station is seeking a news writer/editor and a news anchor. For information about the news writer/editor position and to apply, click here.. For details on the news anchor post and to apply, click here.
Beasley CEO George Beasley on Medical Leave. Filling in for company chief executive officer George Beasley is EVP/CFO Caroline Beasley. According to a statement from Beasley Broadcast Group, she’ll be interim CEO during his absence. The notice of medical leave for George Beasley does not go into specifics but says the changes take effect immediately. Caroline Beasley – George Beasley’s 53-year-old daughter – has served as the company’s executive vice president, chief financial officer, treasurer and secretary since 1994 and as a director since 1983. Caroline Beasley comments, “George’s passion for radio and his entrepreneurial spirit have made a positive and lasting impact on the industry and in the development and long-term success of Beasley Broadcast Group. On behalf of Company employees, family, friends and business associates, our heartfelt thoughts are with George during his medical leave. Out of respect, we will be honoring his request for privacy and will not be commenting further on his condition at this time.”
Nielsen Audio: News/Talk Format a ‘Political Powerhouse.’ Looking at data from its February 2016 PPM survey, Nielsen Audio reports that – as it did during the presidential race of 2012 – the format is experiencing a ratings surge that has put it to “nearly in double-digit listener share territory.” Citing the contentious primary races as having sparked interest in the races and the issues, Nielsen states, “News/talk is up two-10ths from January to February (9.7% to 9.9%) among all listeners (aged 6 and older). Listenership for adults 25-54 also climbed two-10ths to a 6.9% share in February while listener share for adults 18-34 remain flat at 4.1%. With more than seven months to go before the election, news/talk radio should remain a political powerhouse on the radio dial.” Nielsen also notes in the report that sports talk has seen a dip – from 5.1% to 4.2% — for persons 6+. However, February is traditionally a down month for sports talk in the aftermath of the NFL season and with baseball still two months away. Nielsen says, “The good news is that All Sports tends to start a multi-book trend up after February thanks to March Madness, the start of baseball in April and post-season hockey and basketball in May. This was true in 2015 and every prior year we have been tracking monthly format trends in PPM.” See the study here.
The Presidential Race, Paris Terror Suspect Captured, Obama Visits Cuba, Open SCOTUS Seat, Hulk Hogan Sex Tape Case, and March Madness Among Top News/Talk Stories Over the Weekend. The activities of the candidates for president; the capture of Paris terror attacks suspect Salah Abdeslam; President Obama arrives in Cuba on diplomatic mission; the controversy over the replacement of late Supreme Court Justice Antonin Scalia; the verdict in Hulk Hogan’s suit against Gawker for releasing video of his sex tape; and the action in the NCAA Men’s Basketball tournament were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.
New Afternoon Duo for ‘Detroit Sports 105.1.’ Replacing Matt Dery and Drew Sharp in the afternoon drive slot on Greater Media’s sports talk WMGC “Detroit Sports 105.1” are former Detroit Pistons great Lindsey Hunter and station PD Dave Shore. They begin hosting the 2:00 pm to 6:00 pm show this afternoon (3/21). Hunter retired from the NBA after the 2010 season and most recently was assistant coach at Golden State serving under Mark Jackson during the 2013-2014 season. Shore joined the station as PD a year ago. Prior to that, he was on-air talent and operations manager at ESPN Radio-owned KSPN, Los Angeles “ESPN LA 710.”
WBAL, Baltimore Makes Program Schedule Changes. Two local personalities at Hearst’s news/talk WBAL, Baltimore “Newsradio 1090” are getting expanded duties. First, late morning talk personality Clarence M. Mitchell IV, a.k.a. C4, sees his show expand to 9:00 am to 1:00 pm (adding the noon hour). At the same time, talk host Derek Hunter continues his daily talk show (trimmed to two hours) from 1:00 pm to 3:00 pm but adds political analyst duties for the station in which he’ll cover local and national races and issues and appear on other WBAL programs.
Odds & Sods. Covering President Obama’s trip to Cuba is Westwood One News correspondent Bob Costantini. He’s pictured at right in Jose Marti Monument Plaza in Havana getting some man-on-the-street reaction to president Obama’s trip to the city. Today, Costantini will be inside the presidential palace for the statements from President Obama and Cuban President Raul Castro…..ABC News Radio is also on the scene in Havana covering President Obama’s visit. Pictured at left is ABC News Radio’s Alex Stone creating a video of the news organization’s broadcasting base camp in a park in Havana. If you click on the link here, you can watch the whole video on Facebook that shows the media encampment…..Cumulus Media announces Jeff Pezzano is named VP of sales for its Youngstown, Ohio operations, Pezzano will lead sales development and strategy for the eight-station cluster that includes: CHR WHOT “HOT 101,” country WQXK “K105 FM,” classic rock WYFM “Y103,” rock WWIZ “Rock 104,” sports talk WBBW “1240 AM ESPN,” sports talk WLLF-FM, “Sports Radio 96.7,” news/talk WPIC, and talk WSOM.
Cooke: 2015 Radio Show Report. Radio consultant Holland Cooke reports from the 2015 NAB Radio Show in Atlanta today with a focus on the business of the business. In this report, hear from notables including Wells Fargo senior analyst Davis Hebert, Connoisseur Media’s Jeffrey Warshaw, Entercom’s David Field, Beasley’s Caroline Beasley, Cumulus/Westwood One’s Pierre Bouvard, and CBS News correspondent Lara Logan. Read some of the takeaways from the “Financing the Future of Radio” presentation, the radio company CEO panel and Bouvard’s presentation on the return on investment for advertisers using radio by clicking here.
Second Round of September PPM Data Released. A scheduling change at Nielsen Audio for this month means the ratings giant is releasing September PPM survey data in two large batches, instead of the usual four groups of 12 released over four days. The one anomaly is the Tampa market ratings are being held up due to the potential tampering issue. In total Nielsen has now released the September 2015 PPM survey data for 47 markets. The survey period was August 13 through September 9. You can see all the 6+ data from subscribing stations here. Also, TALKERS and RadioInfo managing editor Mike Kinosian presents his “Twelve Takeaways” analysis here.
Odds & Sods. Cyber Party presidential hopeful John McAfee is choosing “Business Rockstars” host Ken Rutkowski as his vice presidential running mate. The anti-virus software magnate who has an admitted “checkered background,” is running on a small government platform and says that his knowledge of the state of America’s cyber security (he says it’s really bad) is the reason he’s running. He’s chosen Rutkowski for a running mate because “every businessman in America knows who he is.”…..The wife of Miami Dolphins cornerback Brent Grimes is no longer with CBS RADIO’s sports talk WQAM, Miami. Miko Grimes – a contributor to daily shows and co-host of a weekend show with Miami Sun Sentinel reporter Omar Kelly – was arrested outside Sun Life Stadium in Miami last weekend after ignoring police orders and resisting arrest…..A new talk show that examines “how sports-related topics can drive the agenda in D.C.” debuts on SiriusXM’s POTUS channel on for a six-show run beginning on October 2 and co-hosted by ABC News political director Rick Klein and ESPN senior correspondent Andy Katz. The inaugural guest will be former Florida Governor and current GOP presidential candidates Jeb Bush, who weighs in on the Washington Redskins name controversy and on NFL commissioner Roger Goodell.
WW1’s Dr. Sanjay Gupta and Team at 2015 Radio Show. Pictured here at the Westwood One-hosted cocktail reception at the NAB Radio Show in Atlanta is “A Better Life” program host Dr. Sanjay Gupta (second from right) with the Westwood One affiliate team. From left to right are: Bart Tessler, EVP news & talk; Dennis Green SVP, affiliate sales; Becky Bennett, affiliate operations manager; Gupta; and Stuart Greenblatt, senior director, affiliate sales.
U.S.-Russia Tensions Over Syria, Pope Francis-Kim Davis Meeting, 2016 Presidential Race, Planned Parenthood Congressional Hearing, Next House Speaker Controversy, and Hurricane Joaquin Among Top News/Talk Stories Yesterday (9/30). Russia’s initiation of air strikes in Syria and questions about the U.S.’ military policy in the region; the controversy over a reported meeting between Pope Francis and Kentucky court clerk Kim Davis; the activities of the candidates for president in 2016; the aftermath of the House hearing on the funding of Planned Parenthood; the internal battle in the GOP over the next Speaker of the House; and the potential effects of Hurricane Joaquin on the Eastern U.S. were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
“Radio is in a position to grow profoundly in years to come.”
NAB/RAB Radio show coverage by consultant Holland Cooke
By Holland Cooke
“Pillsbury’s Financing the Future of Radio”
That’s Pillsbury Winthrop Shaw Pittman LLP, the Washington law firm. But make no mistake, this session packed a well-catered ballroom with dough boys.
Entercom Revenue Down 2% in Q4; Dips 3% for 2013. The 2013 fourth quarter numbers for Entercom are in and the company reports net revenue was down 2% on $99.6 million though adjusted net income per share was basically flat. Also free cash flow increased by 2%. For the full year of 2013, net revenue dipped 3%. Though station expenses decreased slightly during the year, station operating income decreased by 8% to $125.8 million. Entercom will hold a conference call with investors and analysts at 12:00 noon ET today (2/11). President and CEO David Field says in a statement, “Entercom’s fourth quarter revenues declined 2% while revenues excluding political advertising posted a 2% increase. 2014 began on a solid note with January revenues up moderately over the prior year. We are optimistic about 2014 performance based on improving sales capabilities and execution, strong ratings and meaningful local growth opportunities.”
Beasley Broadcast Group to Work with Propel Marketing for Online Marketing. In an effort to expand its online marketing, Beasley Broadcast Group announces it is engaging Propel Marketing to “assist Beasley’s local clients in building and expanding their online marketing opportunities and solutions.” In a statement, Beasley says that Propel’s products and services include website and mobile site design, search engine optimization, lists and local directories, social media services and online reputation management. It further states that the “agreement affords Beasley’s local account executives access to a robust portfolio of online marketing services. Beasley’s relationship with Propel Marketing enhances the on-air and online advertising opportunities already available to existing and future clients, especially small businesses that typically do not have in-house resources to create and implement successful online marketing campaigns. Propel Marketing will not only create and deliver online marketing solutions, but also provide a dedicated team of specialists to ensure that Beasley’s clients are fully leveraging Propel Marketing products.” Beasley EVP and CFO Caroline Beasley states, “We are extremely excited by this relationship. It gives us the ability to respond to any request a local advertiser may have that involves exploring a digital component. The ability to combine radio’s powerful reach with Propel Marketing’s wide assortment of online products and services will greatly enhance a local advertising campaign.” Newly appointed vice president of digital Stacey Sedbrook adds, “By integrating online marketing with their current radio marketing efforts our clients are able to both extend their audience reach and more efficiently target their messaging. Beasley sales professionals remain the primary contact for our advertising customers. Our goal remains helping local businesses build their brands and grow their revenue. We can now offer integrated marketing solutions under the Beasley Broadcast brand allowing advertisers to streamline their marketing efforts with a trusted local partner.”
TALKERS Posts Part-Two Today of Three-Part Special (2/10-12) Spotlighting Danno Wolkoff and Envision Networks. Like many people who go to college with a plan for what they want to do when they graduate, Danno Wolkoff went to Syracuse University with a goal of winding up in television production. Fate, and the prodding from senior management at MJI Broadcasting instead sent him in the direction of sales and affiliate relations. Wolkoff discovered he had a gift for sales, and doubled his income in one year. It was through sales and affiliate relations work that he climbed the corporate ladder at MJI, expanding and growing their sales offices nationwide. When Clear Channel acquired MJI and merged it into Premiere Radio Networks (now simply “Premiere Networks”), he became VP of affiliate relations. However, it wasn’t long before he began to realize that the hands-on and creative approach he had at MJI wasn’t translating to the growth concepts and business model of Premiere and Clear Channel. Wolkoff faced a career crossroads and would make a decision that would change his life and become an important source of programming and services for radio. His vision was Envision Radio Networks — a highly successful and forward-thinking company that creates over four-dozen content products and services for radio stations and media outlets nationwide, customizing solutions for clients, producers and affiliates. It is a company literally founded after another syndication and programming company decided they had a good product that despite making money, didn’t make enough money for their bottom line. What Wolkoff has accomplished in the span of just 10 years is inspiring and a textbook example of creating a force for productivity and jobs in an industry. He took the biggest gamble of his life, grabbing a program and three people laid off by an established firm that would become his largest competitor, and growing an independent syndication empire serving over 1,500 radio stations with everything from prep services to music shows, local news and information to weekend talk shows. His staff has grown over 20-fold in a decade to include an array of producers, salespeople and contract staffers researching, producing, creating and selling more than four-dozen products to radio stations in both the largest and smallest markets. Now known simply as Envision Networks (they dropped the word “Radio” this past week – more on that later) continues to not only grow, embracing new technology and catering to those needs, but in the process has become an independent force in syndication. In today’s installment, Wolkoff discusses exactly what it takes to build a formidable syndication firm from scratch and shares his view of the changing nature of the syndication business as well as radio in general. In the words of Michael Harrison, “The emergence of special individuals like Danno Wolkoff is the force that propels an industry such as ours forward. I’ve seen this movie many times before. Danno is the kind of guy who has the makings of being a true giant 10 years down the pike, taking his place among the biggest of the big.” To read part two of TALKERS special features correspondent Jeff McKay’s extensive profile “The Vision of Envision: The Rise of Radio Syndication Entrepreneur Danno Wolkoff and an Emerging Independent Powerhouse” please click here. And if you missed part one published yesterday, read that here.
Max Krasny Joins CBS RADIO as VP/Sales and Strategic Alliances. The former WestwoodOne EVP takes on the vice president, sales and strategic partnerships position with CBS RADIO’s Altitude Group division which focuses on helping brands connect with consumers using CBS RADIO stations, along with CBS Television stations and their digital properties, as well as CBS’s outdoor assets. Max Krasny reports to the executive leadership of the Altitude Group: Rich Lobel, executive vice president and CMO, and Sue McNamara, senior vice president, sales. Lobel states, “Max is a seasoned pro who brings a marketing acumen to a client’s business, and knows how to deliver creative excellence that makes brands stand out and get noticed. No one has a better portfolio of local assets under one roof than CBS including: radio, television, out-of-home, live events, websites, mobile and social apps.”
FCC Socks WLS-AM, Chicago with $44,000 Fine. The Forfeiture Order comes from the station failing to identify the sponsor of programming that aired back in 2009. The content was in the form of long-form shows – two two-hour programs, a one-hour show – plus 90-second and 15-second spots and promotional announcements paid for by Workers Independent News. During the two-week period in question, the FCC determined that 11 announcements were aired without proper sponsor identification and issued a Notice of Apparent Liability for $44,000 – 11 violations at $4,000 per. Cumulus argued that the commission had in the past reduced fines to a one-time violation amount and that it should just have to pay $4,000. But the commission ruled that no such precedent had been set and that the forfeiture amounts in failure to identify sponsorships cases reflect the unique aspects of each case and thus the commission considers this case to be comprised of 11 violations, not one.
Former MLB Slugger and Talk Host Jack Clark Apologizes to Albert Pujols. During a discussion on WGNU, St. Louis, sports talk host and former MLB slugger Jack Clark alleged that former Cardinals player Albert Pujols used performance enhancing drugs during his time in St. Louis. Pujols threatened to sue and the station ended the contract between Clark’s co-host Kevin Slaten and Clark, cancelling their show. The station also issued an apology to Pujols. But for a time Clark maintained his assertion about Pujols and even challenged Pujols to a live debate – an invitation Pujols’ attorney refused. Now, Clark issues the aforementioned apology and Pujols agrees to withdraw his lawsuit.
“Market Rally” Readies for March Launch. What is said to be the first-ever, long-form agricultural commodity markets-focused national radio program will debut next month (3/10). That is when Farm Journal Media launches Chip Flory-hosted “Market Rally.” The one-hour weekday program will air at 2:00 pm (CT), immediately following the close of major commodity markets. Farm Journal Broadcast Division senior vice president Brian Conrady remarks that a “really solid group of stations” is already committed to air “Market Rally” and he anticipates “several more” before the program debuts. “The show fills a programming void for many stations,” Conrady comments. “It wraps their day’s farm coverage with a new, information-packed, entertaining program. It is all about markets, which everyone knows farmers cannot get enough of.” Flory notes, “We have a long list of guest analysts anxious to share their market perspective with the audience each day. We will take listener questions/comments via phone, text, and social media. Our goal is to remove as much confusion as possible from this increasingly volatile marketing environment.” Flory remains editorial director of Farm Journal’s “Pro Farmer” newsletter and he will host “Market Rally” from FJB’s new studio in Cedar Falls, Iowa.
The Beatles Played in Washington, Too! As America remembers The Beatles’ arrival in this country 50 years ago this week, much of the attention is focused on the New York-based national broadcast on the “Ed Sullivan Show.” But Cumulus Media’s WMAL, Washington knows that the group’s first public concert was in Washington, DC. Pictured here in the WMAL studios are Fox News Channel chief Washington correspondent – and noted Beatles expert – James Rosen (center) and “Mornings on the Mall” co-hosts Brian Wilson (left) and Larry O’Connor (right) after being on the air for Tuesday’s celebration of The Beatles’ first concert on U.S. soil – in the Nation’s Capital. Among other guests remembering The Beatles on the program were: The Beach Boys’ Mike Love, Rolling Stone Magazine’s David Wild, Herman’s Hermits singer Peter Noone, and local Fox 5 anchor (and former “Good Morning America” weather anchor) Tony Perkins, who discussed his love for the Beatles as an African-American youth growing up in D.C.
Odds & Sods. Baltimore Orioles broadcaster Jim Hunter recently visited his alma mater Seton Hall University and spoke with student staffers at his old college radio station – WSOU-FM – about making it in sports broadcasting today. Hunter, pictured here (third from the right) surrounded by students, stressed to them the importance of preparation, noting that the need to do your homework doesn’t end when you graduate from college. He also shared tips on improving on-air performance and how to tell listeners a good story…..New York City broadcasting legend John Gambling returned to the radio recently, if only briefly, to speak on WABC, New York with Frank Morano on his Sunday “Morning with Morano” program. Morano and Gambling talked about the state of radio today, the tradition of the Gamblings and covering weather events…..For the 18th consecutive year, ESPN Radio is providing comprehensive coverage of NBA All-Star 2014, culminating with an exclusive radio broadcast of the NBA All-Star Game on Sunday, February 16. Kevin Calabro will describe the action throughout the weekend with analyst Jon Barry. They will be joined by studio analysts Marc Kestecher and P.J. Carlesimo and reporters Marc Stein and Shelley Smith.
Brent & Meg Honored for Keeping Studio City, California Free of Dog Poop. Although they are heard all over the world on TalkersRadio (weekdays 12:00 noon – 2:00 pm PT), the experimental talk station that lives on this website, the dynamic husband/wife radio duo of Brent & Meg (Brent Seltzer and Meg McDonald) believe in the concept of cleaning up your own backyard as well as tackling the issues of greater humanity. This past Saturday evening (2/8) they were honored by some of LA’s top movers and shakers for their community volunteer work in regularly picking up dog poop (no kidding) found on the streets of LA’s Studio City – the neighborhood from which their daily show emanates (as well as their home). The gala appreciation dinner took place at Carla’s Café on the CBS Studio Center lot. Pictured here are (from l-r): State Assemblymember, 46th District, Adrin Nazarian; Los Angeles City Councilmember, 2nd District, Paul Krekorian; Meg McDonald (Brent & Meg Show on TalkersRadio); Los Angeles Mayor Eric Garcetti; and Brent Seltzer (Brent & Meg Show on Talkers Radio). Upon learning of Brent & Meg receiving this honor, TALKERS magazine’s sister publication RadioInfo’s music editor/director Duane Doobie issued the statement: “I seldom listen to talk radio, but when I do, I prefer Brent & Meg. True, like most talk show hosts, they are full of sh*t… but in a helpful, solutions-oriented way.”
ObamaCare Criticism, Hillary Clinton in 2016, Immigration Reform, Winter Olympics, Winter Weather, and Shirley Temple Black Dies Among Top News/Talk Stories Yesterday (2/10). Scrutiny of the implementation and effects of the Affordable Care Act; the release of new documents about the Clintons and Hillary’s possible run for president in 2016; the move in Washington to pass immigration reform legislation; the Winter Olympics games in Sochi, Russia; a new winter storm reportedly heading for the South and East this week; and the death of former child star and U.S. Ambassador Shirley Temple Black were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.