TRN Companies and Cumulus Media Announce Amicable Westwood One Settlement. TRN Companies and Cumulus Media announced late Friday afternoon (3/7) that they have agreed to settle outstanding claims arising during previous ownership of WestwoodOne, acquired by Cumulus Media in December, 2013. Lew Dickey, president and CEO of Cumulus Media, said, “While Cumulus Media had no role in the lawsuits filed by TRN Companies, we are pleased to resolve these claims and move forward together. We remain supportive of each other and are optimistic for the future.” Mark Masters, CEO of TRN Companies, said: “We are pleased to ‘turn the page’ with the new owners of WestwoodOne and have put past issues behind us. As we build bridges together, we look forward to a mutually beneficial future working with our affiliated stations, customers, Lew and John Dickey and Cumulus Media.”
Emmis to Reward Employees with Stock. The company states that as part of its 2012 Employee Retention Plan, roughly 75% of its full-time employees are being notified they are eligible to receive what it is saying is “a sizeable stock award.” The company further states, “Emmis prides itself on being a destination employer in the media and digital industries, and as such, places a high value on cultivating a culture that allows us to attract and retain the best talent in our industries. The third of Emmis’ Eleven Commandments states: Be good to your people – get them into the game and give them a piece of the pie.” Eligible employees will receive a pro-rata share of approximately 976,000 shares of Emmis Communications common stock. Using Friday’s closing price, the 976,000 shares in the Retention Plan will deliver $3,240,000 in value to the 598 employees who qualify for the plan. To ensure a broad-based distribution, the Plan excluded executive officers and capped the level of salary credit at $50,000. As an example of the award size, a full-time employee of Emmis who has been with the company since April 2, 2012, with a salary of $40,000 per year will get approximately 1,480 shares. That equates to a market value of $4913.60, using the closing price last Friday, March 7 of $3.32. The awards will vest on April 2, 2014 and will be distributed to employees shortly thereafter. It will be their choice whether to hold or sell the stock.
KSFO, San Francisco Names Hughes Late Morning Host. Cumulus Media’s news/talk KSFO, San Francisco has been trying out talk show hosts in the late morning slot (billed on the station’s website as “KSFO Talk Show”) for the past several months. Now, the station names Spencer Hughes permanent host of the 9:00 am to 12:00 noon program. Hughes’ resume includes stops at talk stations across America including WRKO, Boston; KGO, San Francisco; KTKZ, Sacramento; and KSRO, Santa Rosa.
WGN VP/GM Jimmy de Castro Talks Radio and More. The vice president and general manager of Tribune Company’s WGN, Chicago and the new sports talk WGWG “The Game 87.7” spoke candidly with the Chicago Sun-Times for its online video feature “The Sit Down.” In the interview, de Castro throws out a number quips that’ll interest industry watchers. For example, he’s not trying to bring young listeners to WGN, “I don’t want a younger audience for ’GN. I want 35- to 65- or 70-year-old people.” He says he hasn’t committed a lot of money to his staff. “I don’t have one contract with one person on our station. Not one. They’re all here because of how they feel. Any time they want, they can walk out the door.” The one-time WLUP-FM leader also talks about his career and how he views life after all of his success. See it here.
Jack Roberts Dies at 62. Radio executive/on-air personality Jack Roberts died this past weekend in Los Angeles. Over the course of his career, the 62-year-old Roberts was a general manager, program director, on-air talk host, and producer. Most recently, the Boston College graduate and Massachusetts native was executive producer for CRN Digital Talk Radio programming, including “What’s Cookin’ Today.” CRN chief executive officer Michael Horn comments, “Jack truly understood and loved radio. He became an instant, caring friend to everyone he encountered.” Roberts thought he could get any guest or celebrity, and Horn remarks, “He almost always booked them. Guests and talent, but most especially the listeners, enjoyed what they heard. Jack’s legacy will live on through them and all of us. That would make him very proud.” Roberts was a senior producer on syndicated radio programs hosted by Dick Cavett, and Colonel Oliver North. He was in charge of production for “The Jerry Williams Show” and “The Doug Stephan Show.” His on-air experience includes stops at Boston’s WRKO, WMEX and WXKS; WPRO, Providence; and WDRC, Hartford – where he became general manager and program director. Roberts held those titles at WWRC, Washington, DC as well. Programmer Ron Jacobs writes, “Jack Roberts is great at shining the spotlight on others and not blowing his own horn.” Funeral services are pending for Roberts, who wrote a radio-themed blog – “HollywoodHillsGroup.com” - that highlighted industry achievements and gave publicity to on-air talent.
Twin Cities Star Tom Barnard Talks Podcasting in Profile Piece. Morning radio personality Tom Barnard – a 43-year Minneapolis-St. Paul market icon – is profiled by the Minneapolis Post. The star of Cumulus’ rock KQRS speaks about numerous topics – the death of the voice-over business, his rise to fame, and his decision to get more political after 9/11 – in the story and explains his separate business producing and selling ad time for his daily two-hour podcast. Barnard tells the Post that although he billed roughly $250,000 in 2013, the show is not in the black due to expenses including salaries and the cost of bandwidth. Barnard and partner Don Shelby (former WCCO personality) are not collecting a salary at this point. Barnard’s decision to sell ad time and not charge for subscriptions as well as to go after local ad dollars, flies in the face of the way many of the high-profile podcasters are doing it (think Tom Leykis and Adam Carolla). Read the entire Post story here.
Odds & Sods. In the Duluth market, Midwest Communications flips standards WGEE, Superior, Wisconsin to sports talk using CBS Sports Radio programming…..Sports radio pro Seth Everett becomes part of the New York Mets broadcasts on Clear Channel’s WOR, New York this season where he’ll be hosting the pre- and post-game programs…..Charlotte Knights minor league baseball will air on Greater Media’s news/talk WBT-AM/FM, Charlotte this summer as the station will carry 10 Saturday night home games and two Friday evening home games.
Chris Stigall Broadcasts from CPAC. The annual Washington, DC gathering of conservative politicians dubbed the Conservative Political Action Conference involves an active radio row and WPHT, Philadelphia morning drive host Chris Stigall (right) was in the middle of all the action last week as he broadcast his show from the event. He’s pictured here interviewing former U.N. Ambassador John Bolton (left).
WVBR Returns To Collegetown (Ithaca) in New, High Tech Studio Station to Hold March 15th Dedication Ceremony – Keith Olbermann Makes Major Donation. Proving that grassroots terrestrial radio is alive and well, WVBR-FM is returning home to Collegetown (a proud name sported by downtown Ithaca, New York – home of Cornell University and Ithaca College – per its reputation as being one of the best college towns in America) after a 14-year absence, with a newly-built, state-of-the-art studio. The new studio is located at 604 East Buffalo Street in Ithaca, next to the Carriage House Café and across from The Connection, Loco Cantina, and the Chapter House. WVBR has operated out of 957 Mitchell Street near East Hill Plaza after leaving its longtime home at 227 Linden Avenue in Collegetown in 2000. It will be officially dedicated in a ribbon-cutting ceremony to take place this coming Saturday (3/15). WVBR-FM is a commercial, non-profit radio station that is owned and fully operated by the Cornell Radio Guild, a group of Cornell University students. Since 1935, this group’s stated mission has been running a radio station with the goal of training students in broadcasting. Since 1968, WVBR has been serving Ithaca and Tompkins Counties playing an eclectic mix of classic and modern rock under the banner, “Real Rock Radio.” WVBR broadcasts over 93.5 FM and 105.5 FM to Tompkins County and the surrounding area. The newly named Olbermann-Corneliess Studios was purchased with donations from station alumni, most notably ESPN host Keith Olbermann. Olbermann gave what has been described by station management as “a generous donation” with a request that WVBR’s new home studio be named in honor of his late father Theodore Olbermann, as well as the late Glenn Corneliess, his colleague during his years at WVBR who passed away in 1996. Olbermann, the Corneliess family, and Ithaca Mayor Svante Myrick will be among those on hand for the dedication, as well as many station alumni, current staff, and management. A brand new set of professional equipment, a large vinyl library, a live performance space, three soundproof production booths, and two advanced on-air studios are some of the many highlights of the new space. “There is no doubt in my mind that 604 East Buffalo Street will feature the best college radio setup in the country,” says Drew Endick, president of the Cornell Radio Guild, Inc. and general manager of WVBR, telling RadioInfo, “We have been trying to expand our content production operations and provide better services for the local community, and we now have the facilities to meet these challenges.” The new studio will be home to two radio stations – WVBR, which broadcasts with a rock format over FM, as well as CornellRadio.com, which is being launched as a more student-centric, freeform online station. CornellRadio.com will feature pop, hip-hop, dance, and alternative music, as well as talk shows, comedy programming, and sports content provided by a partnership with the Big Red Sports Network. Each station will have its own cutting-edge studio within the building. “This move is extremely important to the goals of our station,” says Michael Mallon, senior vice president of communications. “The latest technology will not only allow us to create better content for our listeners, but it will also allow the students of Cornell University to learn and train on the same equipment as is used in the big stations in major cities.” The move is also significant as the station will now be a close walk for most students. “It’s a perfect location for us, both physically and symbolically,” Mallon continues, “The station is right between the students who operate the station, and the Ithacans who make up most of our listenership.” ASI Renovations managed the huge project. The space was already in great condition, but the design presented some big technical challenges. Sherpa Technologies wired the building for radio operations. Students and weekend staff led the move, bringing over the entire vinyl and CD collections, as well as other important articles from the old station.
Chattin’ with a Legend. WFTL, Fort Lauderdale late morning talk host Rich Stevens (right) entertains legendary disc jockey Cousin Brucie (left) in the station’s studios. Stevens tells TALKERS the pair chatted about numerous topics and took calls from listeners. While speaking with callers, a 92-year-old local listener phoned in to tell Cousin Brucie he remembers winning a contest 40 years ago that Cousin Brucie executed that sent him on a vacation. Brucie asked him if he was still there and needed money to get back!
Sittin’ in on WMAL, Washington. Former Delaware Senate candidate Christine O’Donnell (left) is pictured here in the WMAL, Washington studios as she served as guest co-host on the “Morning On The Mall” program today (3/10). O’Donnell worked with co-host Larry O’Connor (right) while subbing for Brian Wilson.