Tag: "CC Media Holdings"
Bob Pittman to Take Over Chairman of the Board Role at Clear Channel. CC Media Holdings, Inc., in an SEC filing announcing the annual meeting of stockholders on May 17, moves to replace Mark Mays as chairman of the board with current board of directors member and company CEO Bob Pittman. The filing states, “We believe that having the chief executive officer also serve as our chairman of the board provides us with a clear leadership structure. As our chairman and chief executive officer, Mr. Pittman will continue to provide our board with insight into our operations and help facilitate the flow of information between management and the board. Subject to his re-election as a director, Mr. Mays will remain a member of our board and we will continue to benefit from his experience as our previous chief executive officer.”
Good Karma’s WKNR and CBS Radio’s WKRK Team Up to Grab Cleveland Browns Football from Clear Channel. The Cleveland Plain Dealer is reporting that Cleveland Browns football – for years heard on Clear Channel’s rock WMMS and news/talk WTAM – will air on WKNR “ESPN Cleveland” and WKRK “92.3 The Fan” beginning this fall. Obviously, the unusual aspect of this is WKNR is owned by Craig Karmazin’s Good Karma and WKRK is CBS Radio’s sports outlet in Cleveland – both stations competing for the same listeners. According to the piece, games will also air on CBS’ classic rock WNCX. The Plain Dealer reports that CC, CBS and Good Karma were all bidding for the rights when the latter two decided to work together. Here’s how it is supposed to happen in the fall: a Rob Chudzinski coach’s show will air (on which station it’s not yet known) and the “Cleveland Browns Daily Show” on WKNR will expand from one hour to two. Game days will see WKNR broadcast a four-hour pre-game show and WKRK will broadcast a two-hour post-game program. It is expected that the booth team of Jim Donovan and Doug Dieken will remain in place.
Entercom Ups Weezie Kramer to Station Group President. Weezie Kramer has been with Entercom as a regional president since 2005. Now, the company promotes her to station group president putting her in charge of all 121 Entercom radio stations. In this post she will supervise Entercom regional presidents Michael Doyle and Deborah Kane and chair the company’s operating committee. She’ll also continue to be in charge of a number of the company’s 23 markets and report directly to Entercom president and CEO David Field, who says, “For years we have operated with three wonderfully talented regional presidents, but the time has come to align our station group under a single operational leader to drive stronger organizational cohesiveness and effectiveness. In elevating Weezie to this role, we will enhance our coordination and clarity and drive faster decision-making. She will continue to work closely with Deborah Kane and Michael Doyle, providing an outstanding leadership team for our markets.”
Doug Stephan’s “Good Day Crowdfunding Show” to Put Entrepreneurs in Front of Giant Audience. Doug Stephan’s nationally syndicated morning radio program – now in its 25th year – is inviting entrepreneurs to the largest crowdfunding pitchfest ever. In a statement, Doug Stephan says, “‘The Good Day Crowdfunding Show’ brings the buzz of a broadcast radio reality series and pits crowdfunders in a contest judged by crowdsourcing industry thought leaders. Entrepreneurs and businesses interested in raising capital, social lending and fundraising websites for their products, charity projects and creative ideas are invited to ‘pitch the experts’ on the first crowdfunding radio reality series.” Good Day Crowdfunding has launched its own pre-launch to build community where crowdfunders can engage at http://GoodDayCrowdfunding.com. Inside the community is a unique incubator project, Startup America Crowdfunding, where participants are guided from start to finish through successful money-raising campaigns. The release continues, “As part of the project, creators of the best ideas will get a shot on the ‘Good Day Crowdfunding Show,’ to pitch their idea to millions in a fast-paced reality format. The incentive is simple: The better the idea, the more promotion and airtime to over 3 million daily listeners across the US and online.” The addition of the crowdfunding segment to Stephan’s program comes as the program begins working with Mike Hayes, current host of “StartUp America News” and an expert in entrepreneurship. Hayes states, “This new reality based radio program is the ‘American Idol’ of crowdfunding. Our intention is to help boost the impact of crowdfunding on America’s economy by creating and supporting crowdfunding success stories across any available platform. We want to enable anyone, anywhere to follow, and fund their dream projects.” Others joining Good Day for this project include: PR expert Ronjini Mukopadhyay, who has been central to several highly successful crowdfunding campaigns including StickNFind; entrepreneur Danny Kastner, a contestant on ‘The Apprentice’ and developer of Crowdjammer, a crowdfunding community solution designed to drive campaign backers to any crowdfunding project; and social impact marketer Robin Eschler, host of “Socially Conscious Investing” online radio and a pro in social lending, impact investing and online marketing.
Dentists are Prime Prospects for Radio Advertising. Have you noticed when you visit your friendly family dentist lately that the office has likely evolved from projecting a serious “professional” environment to more “commercial” one with signs promoting elective cosmetic procedures (such as teeth whitening), electric toothbrush sales, awards programs for recruiting new patients and “like us on Facebook” display cards? The fact is, dentistry has changed over the years and today’s young crop of dentists find themselves in a business that requires far more media promotion than their cavity-filling forebears ever thought about (or would consider appropriate). In a helpful article posted today (3/27) noted radio consultant and TALKERS columnist Holland Cooke sinks his canines into a potentially lucrative sales lead category. Read it here.
Washington-Based Talker Joe Madison Exits WOL, Washington. Talk radio personality Joe Madison’s program has been based at SiriusXM for several years and the show was carried by Radio One’s WOL, Washington after the latter had served as Madison’s base for more than a decade. Now, Madison’s program is off WOL and solely available on SiriusXM’s “The Power” channel. Radio One doesn’t appear to have a permanent AM drive replacement for Madison yet as midday host Ron Thompson has been sitting in.
Birmingham Sports Media Personality Paul Finebaum Inks Book Deal. Former WJOX, Birmingham sports talk host Paul Finebaum has signed a deal with Harper Collins that, according to SBNation.com, will tell the story of his radio show and its effect on the SEC. Finebuam tells Al.com, “Primarily, it’s about the culture of the show and how the culture of the show interacts with the SEC. But it does quickly go through my career and how we got to this point. There will be commentary on why the SEC is better than everyone else. It will certainly talk about the dominance of not only Alabama, but the conference. The radio show will be woven in and out of the book, featuring little vignettes on the callers.” Harper Collins plans to officially announced the deal this week. Finebaum’s regionally syndicated radio show – now off the air after he left Cumulus Media’s WJOX and is sitting out a non-compete period – was also heard on SiriusXM. It is expected that once the non-compete period elapses in late April, Finebaum will cross the street and base his program from WZNN, Birmingham “ESPN 97.3 The Zone” which is in the process of being sold by Cox Media Group to SummitMedia.
BIA/Kelsey Sees Radio Station Online Growth Rising at Faster Pace. The media advisory firm reports that, according to its first 2013 Investing in Radio Market Report, “Radio industry over-the-air revenues inched slightly upwards in 2012, increasing to $14.3 billion, a 1.5% change from the year before.” The company goes on to say that the “slight change is due in large part to the sluggish overall economy for 2012 and the increased competition radio faces in the local media market.” It notes “station revenue mix will continue to shift somewhat and income from online advertising is expected to rise at a rate of about 10.8% annually over the next five years versus 2.5% from over-the-air.” For 2013, BIA/Kelsey forecasts over-the-air radio revenues should see 2.3%, or $14.7 billion, again due to the slightly stronger economy. BIA/Kelsey forecasts radio’s online revenue growth will reach $818 million by 2017, while the industry’s combined total revenue will reach $17 billion by 2017. Vice president and chief economist Mark Fratrik states, “As the digital marketplace continues to rise in all sectors of advertising, radio is improving its listener engagement online and benefitting from the value of its web and mobile assets. Overall, the industry is still recognized as an important part of the media mix as it continues to meander around, rising slightly with the rate of inflation but not keeping up with the economy.”
Arbitron Names Monica Narvaez Hispanic Broadcaster Account Specialist. In a role newly created, Arbitron Inc. appoints Monica Narvaez Hispanic broadcaster account specialist. The company reports her duties will include: promoting the power of Spanish-language radio; generating solutions to help address Hispanic radio group needs; and developing programs for Spanish radio group training initiatives. Narvaez has been with Arbitron for 10 years. Prior to joining Arbitron she served with Nielsen as a web trainer, working with TV station research directors and sales executives using Scarborough Research.
Odds & Sods. Dial Global’s Dennis Miller interviews former Massachusetts Governor and former Republican presidential candidate Mitt Romney on his nationally syndicated show today (3/27)…..Legendary actor and CRN Digital Talk Radio personality Robert Conrad says he is doing fine despite rumors on the internet this week that he has passed away. Conrad, who hosts his own show on the network on Thursdays from 3:00 pm to 5:00 pm PT, says, “I’m feeling well and in good health so I’m very surprised to hear that I’ve passed away, I must’ve missed that memo.” The CRN studios received numerous calls from his listeners about the report…..Current.org reports that University of Alabama Birmingham-owned non-commercial WBHM, Birmingham news director Tanya Ott is moving to Georgia to take on the vice president/radio for Georgia Public Broadcasting.
The FCC Approves Move of WAXY-FM, Miami Signal. Lincoln Financial Media’s acquisition of CBS Radio’s former AC WEAT, West Palm Beach was executed with the intent of bringing the now-WAXY sports talk FM simulcast signal closer to the Miami market. After Clear Channel objected to the move, the FCC overruled that objection and LFM gets the okay to move the signal to its new city of license Miramar. The 104.3 signal has been simulcasting WAXY since LFM took control.
New Jersey Broadcasters Association Backs FM in Smart Phones. The New Jersey Broadcasters Association passed a resolution on Tuesday, March 26 at its board meeting in support of the Sprint FM Chip proposal, reaffirming the absolute need to enable all cell phones within the United States to include (and activate) FM receiver capabilities in smartphones and other consumer electronic devices. NJBA president Paul Rotella states, “This is a matter of vital importance to inform and protect our citizens especially in times of natural disaster, severe weather or other emergencies that require the unequalled power of radio to reach the public.” The NJBA believes that because of the strength of broadcast and the power of the airwaves, local radio and TV stations are often the only available communications medium during disaster situations. Rotella continues, “New Jersey Broadcasters see the value of making radio receivers available and installed in all telecommunications devices owned and used by the public, foremost of those is the ‘smart phone’ and, therefore, the New Jersey Broadcasters Association supports the agreement with Sprint to produce and sell over 30 million smart phones in three years with fully functional FM radio receivers as part of their ‘smart Phones’ and service for same.”
SCOTUS Gay Marriage Arguments, Costs of ObamaCare, North Korea Threats, Euro Zone Jitters, Dow Continues to Soar, and Amanda Knox Re-Trial Among Top News/Talk Stories Yesterday (3/26). The debate over the legality of gay marriage as the Supreme Court hears arguments; the costs of the Affordable Care Act; North Korea’s military threats; uncertainty in the euro zone after the Cyprus affair; the still-soaring Dow; and the Italian court’s ruling to re-try Amanda Knox were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
WTOP, Washington Expands Multi-Platform News Operation; News and Programming Pro Laurie Cantillo Named to Newly Created Program Director Position. Former WABC, New York program director Laurie Cantillo joins Hubbard Radio’s WTOP, Washington where she’ll work closely with vice president of news and programming Jim Farley for the organization that is also announcing the expansion and restructuring of its news and broadcasting staff. In a statement, WTOP explains, “One of the primary reasons for the new structure is to redefine the news workflow. Instead of the traditional model which takes broadcast content and tries to fit it into a digital hole, WTOP’s strategy will focus on the creation of news stories at the beginning of a process. A story’s execution will be determined at its origin. It will then be optimized for all the distribution platforms WTOP offers: radio, web, Facebook, Twitter and mobile. In addition to Cantillo joining the organization, other staff changes include: Current director of digital operations John Meyer moving into the newsroom as the architect of the social and digital strategy as it comes together with the current broadcast operation; current news director Mike McMearty becomes senior news director; assistant news director Mitchell Miller is upped to news director; Mike Gartell is now managing editor; Gary Emerling is named senior digital editor; and Darci Marchese becomes executive producer. Jim Farley states, “We will now have both a digital editor and a radio editor working together 24/7. No other radio station in America does this. And we are not just talking the talk; we are hiring more people, re-evaluating everything we do and making the necessary changes no matter how sacred or ingrained. The future is digital and WTOP will be the leader heading into that future.” Regarding Laurie Cantillo’s joining the WTOP operation, Farley says, “Laurie is one of the best, most-admired and well-liked program directors in America. She has solid news credentials, a great track record of ratings success in major markets and a great understanding of the power and potential of digital and social media.”
NPR Uses Grant for Digital Media Training and Multi-Platform News. Through a $1.5 million grant from the John S. and James L. Knight Foundation, NPR is expanding its training initiatives to increase the use of digital tools both at NPR member stations and in the NPR newsroom. According to NPR, “Building on successful training piloted by NPR a few years ago, the grant provides for the development of extensive training for more than 70 local public radio stations. Topics include strategies to build multi-media news operations, writing for the web, photography and the role of social media in newsgathering. These resources will dramatically improve the ability of participating stations to broaden and deepen their news production and better serve both new and existing audiences. The grant will also fund digital coaches for NPR journalists.” NPR chief executive officer Gary Knell says, “NPR is a major force in media today, helping more than 34 million people make sense of what is going on in the world. These digital training resources will ensure that NPR and hundreds of member stations nationwide continue to pioneer the use of new technologies to connect with new and existing audiences.”
Standard & Poor’s Downgrades CC Media Holdings on Long-term Debt Concerns. Standard & Poor’s credit analyst Michael Altberg states that softening ad demand and the uncertain global economy may slow the growth of revenue for Clear Channel’s parent company and while the ability to pay the debt that comes due in 2012 and 2013 isn’t seen as a problem, the notes that mature in 2014 and 2016 are bigger issues. The company faces secured and unsecured debt maturities of $2.9 billion in 2014 and $12.3 billion in 2016. S&P notes CC Media Holdings is considered highly leveraged and that could negatively affect its ability to re-finance before those debts come due. When that time comes, anyone looking to buy a radio station might find opportunity in what could potentially be the biggest fire sale selloff of sticks in recent history.
CBS Local Digital Media Partners with Examiner.com for Content Creation. The network of websites and mobile apps that make up CBS Local Digital Media is entering into a content creation relationship with Examiner.com to produce unique content for CBS’ locally targeted properties in more than two dozen major markets across the country. Examiner.com is a leading online publisher featuring local expertise from over 85,000 contributors, known as Examiners. The lifestyle content created through this partnership is described as “‘Best Of’ guides and ‘Top Spots’ lists covering a range of topics including arts and culture, shopping, food and drink, nightlife and music, as well as travel and outdoors.” CBS Local Digital Media president Ezra Kucharz states, “Over the course of the past 18 months we’ve built a platform that quickly garnered interest from millions of users searching for the best local news, information and entertainment. Taking our vision one step further by working with a stable of contributors with expertise in their field will greatly enhance the audience’s experience. This is not just about telling you where to go and what to see – it’s providing ‘insider access’ to a city you may be visiting or have lived your whole life that you can’t get anywhere else.”
Dr. Joy Browne Appears on TALKERS TV. She is by far the most successful psychology and relationships talker on radio in America. WOR Radio Network star Dr. Joy Browne is interviewed by TALKERS managing editor Kevin Casey at the seventh annual “It’s Time to Talk Day” radio row designed to raise consciousness about domestic violence and teenage dating abuse presented recently by TALKERS and Talk Radio News Service in conjunction with corporate sponsor Liz Claiborne, Inc. The event was held in the showroom at the Midtown Manhattan headquarters of the fashion company. Browne candidly discusses the state of relationship talk radio’s place within the news/talk playing field and explains the connections between psychology and all the hot issues discussed within the genre. To view this not-to-be-missed video, see TALKERS TV at the right on this page.
Glenn Beck’s GBTV Takes Over “Apocalypse” Reality Show. The program was once called, “Apocalypse, PA” when it ran on the History Channel last year but on Beck’s online venture GBTV it will be called, “Independence USA.” It follows Frank Belcastro and his family as they prepare to survive in a post-apocalyptic world by such means as devising a car that runs on wood instead of gasoline, becoming expert hunters and creating his own alcohol for barter when the money system collapses. According to TVNewser, the program debuts on January 18 with new episodes every Wednesday. It is the first reality show to become part of Beck’s GBTV where his own daily TV program is seen.
KFI, Los Angeles Debuts New Food Show with Neil Saavedra in January. The program is called, “The Fork Report,” and will have its premier airing on Saturday, January 7 hosted by KFI’s Neil Saavedra. The station says, “‘The Fork Report’ will be a food show like no other food show, delving into all things edible. The show will run the food gamut from local restaurants to kitchen gadgets, interviews with chefs to food news (like recalls, new products). If you can eat it or it’s a gizmo to help you prepare it…Saavedra talks about it.” Saavedra also hosts the KFI-based and Premiere Networks syndicated “Jesus Christ Show” and serves as the director of marketing for the Clear Channel station.
Katy Pavelonis Named VP of Sales at Grand Slam Sports. The St.Louis-based sports media company operates KFNS, St. Louis, KFNS.com, St. Louis Sports Magazine, Grand Slam Sports Promotions, SportsRadio 1380 and SportsRadio1380.com. Katy Pavelonis previously served as VP/director of sales at CBS Radio’s St. Louis cluster that includes news/talk KMOX. On her new position, Pavelonis states, “I am excited about starting with Grand Slam Sports. Having sold Cardinal baseball, Blues hockey and University of Missouri products in the past, I know how passionate the sports fans are here and how supportive the local advertising community can be for local sports. Marketing the incredible media mix that Grand Slam Sports provides to those advertisers is something I am very much looking forward to.”
NTSB Cell Phone Ban, 2012 Presidential Race, Payroll Tax Cut Issue and Iraq Troop Withdrawl Among Top News/Talk Stories Yesterday (12/14). The National Transportation Safety Board’s recommendation that no personal electronic devices be allowed to be operated by motorists in the U.S., the GOP race to challenge President Obama in the 2012 election, Congressional leaders’ work to deal with the budget deficit and the payroll tax cut issue plus the withdrawl of U.S. troops from Iraq were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.