Tag: "CPAC"
Monday, March 10, 2014
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.
Friday, March 7, 2014
FCC Will Seek Public Comment on Ownership Rules; Reversal of Cross-Ownership Bans Appear Unlikely. Reports are circulating in the media trades that senior FCC officials say FCC chairman Tom Wheeler will propose relaxing cross-ownership bans, but in a blog post dated March 6, that tone is not expressed. Wheeler writes about the Commission’s duty to undertake and complete the 2014 Quadrennial Review. He discusses some of the proposals regarding maintaining current ownership rules that will be open for public comment but many industry watchers say this should not be cause to think a Wheeler-chaired Commission will ultimately relax current cross-ownership bans. Much of Wheeler’s concern in the blog is with television joint sales agreements and he’s clearly out to change those. You can read Wheeler’s entire post here.
Newsmax Chief Chris Ruddy Announces Cable TV News/Talk Project. In a piece in Bloomberg Businessweek, Newsmax founder and CEO Chris Ruddy announces his plans for a new cable news/talk network with Fox News Channel as his target. Ruddy is quoted asking, “How do you have something so successful in cable that nobody else wants to imitate or cut into their market share? It defies reason.” Ruddy tells Bloomberg Businessweek his goal is “to be a little more boomer-oriented, more information-based rather than being vituperative and polarizing.” He says that if he can get 10% to 15% of FNC’s audience, he’s going to be “hugely profitable.” The piece states FNC bills $1 billion a year. He understands the cable carriers don’t want to pay new networks and believes even if he has to pay them to carry the network, he’ll make money. Currently Newsmax TV is online featuring talk media personality Steve Malzberg. Ruddy does not say what the programming will look like when he’s ready to launch in June. Read the entire Bloomberg Businessweek story here.
Odds & Sods. Nationally syndicated “America Tonight” talk host Kate Delaney keeps her sports talk chops sharp as she sits in on the NBC Sports Radio Network this weekend hosting the 11:00 am to 2:00 pm slot both Saturday and Sunday this weekend…..In honor of Women’s History Month, SiriusXM host Julie Mason (left) sat down with House Democratic Leader Nancy Pelosi (right) before a live audience at the Newseum in Washington, DC on Tuesday, March 4. It’s part of the “SiriusXM Leading Ladies” series of candid conversations with influential and inspiring women who have forged their own paths to leadership and success.
Dave Ramsey Deep in the Heart of Texas. Nationally syndicated talk radio star Dave Ramsey is pictured here on stage at the Lila Cockrell Theatre in San Antonio as he presented his “Legacy Journey LIVE!” on Thursday (3/6). Ramsey talked about how to win with money, strengthen marriages and lead your children with confidence. His daughter, Rachel Cruze, joined Ramsey on stage. Ramsey combined forces with L&L Broadcasting’s news/talk KTSA to promote this event. KTSA GSM Coreena Hazelett comments, “L&L Broadcasting and ‘550KTSA’ are thrilled to partner with the Dave Ramsey team in bringing life-transforming content to entrepreneurs and leaders as well as teaching families how to live now so you can leave a powerful legacy for your family. We, along with our sponsors, sincerely believe in the importance of contributing to the growth of business and the quality of life for families here in San Antonio.” Ramsey also hosted his “EntreLeadership 1 Day Event” on Wednesday along with Cruze and speaker Chris Hogan. The content of that presentation was how to run a business using the same common sense principles that Ramsey practices in his own company of more than 400 team members.
LaNeve Named to Entercom Board of Directors. From the sales and marketing world comes the newest member of the Entercom board of directors as Mark LaNeve joins immediately. He has served as COO of WPP’s Global Team Ford – an agency that serves as the marketing and advertising partner to Ford and Lincoln businesses globally. During his time as chief marketing officer at Allstate Insurance, he led the marketing for the company and developed the long-running “Mayhem” campaign. Entercom president and CEO David Field comments, “Mark LaNeve is a tremendous addition to Entercom’s board of directors. He has led some of America’s most iconic brands and ad campaigns. He will bring a new and fresh perspective to the Entercom board.”
Michael Medved Broadcasts from CPAC. Seattle-based Salem Radio Network nationally syndicated talk show host Michael Medved (right) is pictured here interviewing Republican Senator from Utah Mike Lee (left) at the radio row at CPAC 2014 taking place in Washington, DC. The event is the American Conservative Union’s annual confab of conservative activists being held at the Gaylord Hotel & Convention Center.
Obama vs. Putin/Ukraine-Crimea Unrest Top News/Talk Stories This Week. The political crisis in Ukraine and Crimea and the scrum between President Obama and Vladimir Putin were the most-talked-about stories on news/talk radio this week, landing atop the Talkers TenTM. Coming in at #2 was ObamaCare Criticism. At #3 was the Israel-Palestinian talks followed by the 2016 presidential race at #4. The Talkers TenTM is a chart of the top stories and people discussed on news/talk radio during the week. It is the result of ongoing research from TALKERS and is published every Friday at Talkers.com. View the entire chart here.
TALKERS Weekly Affiliate Roundup. ABC News Radio adds WBT-AM/FM, Charlotte to its roster of affiliate stations…..Yahoo! Sports Radio announces KXFN, St. Louis flips to sports and takes its lineup of national sports talk hosts.
Tuesday, February 25, 2014
Mark Levin to Be Honored at CPAC. Nationally syndicated talk show host Mark Levin will receive the inaugural Andrew Breitbart Defender of the First Amendment Award at the Conservative Political Action Conference on Thursday, March 6. According to a story on Breitbart.com’s Big Journalism, Breitbart News editor-in-chief Alex Marlow will introduce Citizens United president David Bossie, who will present the award to Levin along with Breitbart News president and CEO Larry Solov and Breitbart News executive chairman Stephen K. Bannon. Solov says, “Mark Levin fearlessly and passionately stands up for conservatives and everyday Americans whose voices the mainstream press often tries to marginalize or silence. And like Andrew Breitbart, Levin has a way of cutting through the mainstream press’s filter with his words and is never afraid to have arrows slung at him by the institutional left on the front lines of the fight.” David Bossie comments, “Levin is not only a friend, but supports and defends the vision of our Founding Fathers on his nationally syndicated radio program daily. There is nobody better to receive this inaugural award and I am happy that he will be joining us at CPAC to accept it.” Levin’s show is syndicated by Cumulus Media Networks.
Programming Additions at LFM’s Denver Sports Outlets. At Lincoln Financial Media’s Denver cluster, changes are taking place beginning Monday, March 3 that will put Fox Sports Radio/DirecTV’s Dan Patrick on KKFN “104.3 The Fan,” moving over from sister sports station KEPN “1600 The Zone.” To make room, Sandy Clough leaves the 9:00 am to 12:00 noon slot where Patrick will air and joins Drew Goodman and Scott Hastings for the 12:00 noon to 3:00 pm show. Program director Nate Lundy states, “Like many in Denver, I’m a big fan of Dan Patrick. As we take the next step in our evolution, it only makes sense to bring the number one national personality to ‘The Fan.’ His perspective and top-level guests will further solidify our commitment to the best sports talk in town.” KKFN is also debuting a new evening show called “The Fan Late Night with Ryan Edwards and Shawn Drotar” that is airing from 9:00 pm to 12:00 midnight. Lundy adds, “Sandy Clough has been part of The Fan’s success for over 17 years and putting him alongside two other outstanding Denver sports veterans will make for a great show for our listeners. ‘The Fan Late Night’ will give fans of Denver’s four major pro sports teams a chance to sound off as part of their postgame experience.” Lundy says a new lineup on KEPN will be announced in the near future as Patrick’s show transitions to “104.3 The Fan.”
Michael Harrison Speaks at NRB 2014 in Nashville. TALKERS publisher Michael Harrison (c) participated as a keynote speaker yesterday afternoon (2/24) at the National Religious Broadcasters (NRB) conference in Nashville in a general session focused on “Values in American Popular Media.” The presentation included an opening address by Harrison followed by a spirited panel discussion in which he was joined by DeVon Franklin, SVP of production, Columbia Tristar Pictures (l) and Russell Moore, president, Ethics & Religious Liberty Commission (r). Harrison used the platform as an opportunity to espouse his personal and professional philosophy that the combination of vigilant community service and high ethical standards equate to good and successful business strategy in the media industries – especially radio. Harrison told the conference, “Radio of all formats – not just Christian specifically – should never miss an opportunity to be a hero and serve the true needs of humanity within its local, national and even global market reach. Why wait for a hurricane or natural disaster to suddenly go into emergency mode? Why limit our potential to just being the ‘Sterno’ of media? Day-to-day life provides a nonstop series of emergencies, pain, fear, sorrow and loss on a very human scale that we have the power to calm and alleviate in addition to providing our regular menus of music and talk entertainment, information and discussion. If we do this with sincerity and authenticity on a consistent level, the communities we serve will amply reward us with both ratings and financial support and the self-fulfilling prophecy about radio being a dying medium will be forestalled for decades to come.” Harrison warned the crowd that “Christian and religious broadcasting has a head start on fulfilling this role because it is woven into the basic fabric of its service – however, in its passion and zeal to compete in the same marketplace of ideas and commerce co-occupied by secular media, it should be careful not to fall into the trap of stifling the First Amendment rights of dissenting voices and lifestyles nor succumb to the present-day widespread practice to seeking victory at the expense of truth for commercial and political advantage.”
Steven Meyers Heads Digital Strategy at Greater Media. This is a promotion for Steven Meyers who joined Greater Media Philadelphia in 2012 as digital manager. Now, in this new director of digital strategy role for all of Greater Media, he will be responsible for helping to grow Greater Media’s audiences and revenue by developing new digital platforms that deepen listener engagement while providing new opportunities to the company’s commercial partners. He comments, “Greater Media understands that ‘digital’ isn’t just a separate line of business, but a foundational component of our brand experiences and client value. I’m very excited to become a larger part of shaping that vision.” Greater Media CEO Peter Smyth adds, “We look forward to having Steve share his valuable knowledge and insight with our teams as we continue to grow and drive our company’s interactive efforts into the future.”
Hubbard’s WFED, Washington Names Fornicola Director of Custom Media. Coming to Hubbard’s Washington, DC talk and federal news outlet WFED is Jason Fornicola in the new position, director of custom media. Fornicola recently worked as communications specialist for the American Federation of Government Employees. He also hosted the weekly AFGE radio program “Inside Government.” In a statement, director of federal sales Ralph Renzi comments, “We have worked with Jason for seven years and are impressed with his experience and success in journalism, as well as his innovative outreach. Our investment in providing greater resources for our clients will help us solve more complex marketing objectives.”
Edison Research to Present ‘Infinite Dial 2014’ Next Week. In a teaser for the free webinar from Edison Research and new partner Triton Digital, the companies report that data from this year’s study shows “31% of Americans 12+ report using the internet radio service Pandora on a monthly basis, up from 27% one year ago. iHeartRadio is used by 9% monthly, while iTunes Radio, which debuted in 2013, comes in third with 8% monthly usage, followed by 6% using Spotify.” The webinar takes place Wednesday,
March 5 at 2:00 pm ET. Edison says this is the 22nd study in “The Infinite Dial” series, one of the longest-running research series covering consumer use of media, technology and digital platforms. The webinar will be co-presented by Edison Research VP of strategy Tom Webster, and Triton Digital COO Mike Agovino. Topics covered will include: An update on Internet Audio usage, including new data on iTunes Radio, Beats Music, and other services; recent growth in podcasting; the growth in smartphone ownership, and how it has changed consumer behavior; updates on social media usage for services including Facebook, Twitter, Snapchat, Pinterest and more; and the connected car, and in-car usage of digital media.
Financial Talk Host Convicted in Fraud Case. A federal jury convicted Barbra Alexander Monterey, California on 28 counts of conspiracy and fraud for her role in a Ponzi scheme. Sixty-four-year-old Alexander worked with APS Funding partner Michael Swanson to host “Money Dots” on Clear Channel-owned KION, Monterey and other outlets. Prosecutors had alleged Alexander and Swanson bilked investors of some $4 million. Alexander is expected to get a lengthy prison term. Swanson was previously convicted.
New Maternity Leave Policy for Cumulus Announced. Radio giant Cumulus Media announces a change to its human resources policy by adding “the implementation of an industry-leading maternity leave policy providing new mothers with six weeks of fully paid time off in addition to the paid time off and disability
benefits currently provided to employees.” The company says the policy takes effect immediately and is available to all full-time, non-commission employees with at least one year of service. Chairman and CEO Lew Dickey states, “Cumulus continues to grow and innovate thanks to the dedication of our colleagues across the country. We are committed to providing benefits that recognize employees’ health and family needs, and providing fully paid leave to new mothers after they give birth is the right thing to do.”
NAB Crystal Award Finalists Announced. The 50 finalists for the 2014 Crystal Awards have been announced and that list can be found here. The National Association of Broadcasters states that since 1987, the NAB Crystal Radio Awards have recognized radio stations for their outstanding year-round commitment to community service. Winners will be announced and the finalists will be honored at the NAB Radio Luncheon. The Luncheon will be held Tuesday, April 8 during the 2014 NAB Show in Las Vegas. During the luncheon, Yahoo tech columnist David Pogue will present a keynote address and popular national radio personality, television host and best-selling author Steve Harvey will be inducted into the NAB Broadcasting Hall of Fame.
This Brand New Car Is No Mirage. Well, actually it is. It’s a 2014 Mitsubishi Mirage and it’s now the property of Anita Gowing of Whittier, California (right). She was the winner of the KFWB, Los Angeles giveaway that took place at South Coast Mitsubishi on Sunday, February 23. Gowing is seen reacting as her key starts the car. Inside the car with her is KFWB afternoon news co-anchor Maggie McKay (left). As part of the contest, 124 listeners won a pair of tickets to an upcoming LA Clippers game and got a key for a chance to win the car.
ObamaCare Criticism, NFL N-word Penalty, Arizona Religious Rights Bill, Ukraine Unrest-Russian Influence, Hagel’s Proposed Military Cuts, and Winter Weather Among Top News/Talk Stories Yesterday (2/24). Scrutiny of the rollout and effects of the Affordable Care Act; the NFL’s new rule penalizing teams for players’ use of the n-word during games; the Arizona bill that would allow businesses to discriminate for religious reasons; the political turmoil in Ukraine and the influence of Putin’s Russia; Defense Secretary Chuck Hagel’s proposed shrinking of the Army to its smallest size in 74 years; and a new round of winter weather for the East were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
Friday, February 10, 2012
SiriusXM Delivers 2011 Revenue Increase of 7%. Sirius XM CEO Mel Karmazin opened the Thursday conference call with positive news about 2011 and rosy predictions for 2012. Karmazin reports the satcaster added 1.7 million net new subscribers with revenue topping $3 billion for 2011. He told analysts the company has reduced programming costs by 27% over the past three years to bring them to 10.7% of adjusted revenue. And Mel’s favorite figure – free cash flow – was also a nice one: $416 million. Karmazin says he expects free cash flow to grow to $700 million this year due in part to the restrictions on subscription prices having been lifted. He projects revenue to hit $3.3 billion in 2012 with 1.3 million new subscribers added.
Nassau Broadcasting Agrees to Undergo Chapter 7 Liquidation. It was four months ago that Nassau Broadcasting Partners convinced U.S. Bankruptcy Judge Kevin Gross to allow its Chapter 7 liquidation being sought by its creditors to be converted into a Chapter 11 reorganization. Now, the company wants to liquidate itself and is asking the judge to approve an auction of its 49 stations. Nassau owes more than $280 million to its senior lenders which include Goldman Sachs Lending Partners LLC, P.E. Capital LLC and Fortress Credit Opportunities. Nassau’s spoken word stations include: WARK, Hagerstown, Maryland; WTSV, Claremont, New Hampshire; WEMJ, Laconia, New Hampshire; WVPO/WPLY, Wilkes-Barre, Pennsylvania; WEEX/WTKZ, Allentown, Pennsylvania; WSNO, Barre, Vermont; and WNHV, White River Junction, Vermont.
Dave Ramsey to Take Over Live Midday Slot on WOR, New York. The end of the nationally syndicated Lou Dobbs talk radio show is creating room for other hosts and programs across the country and in New York City at Buckley Broadcasting’s WOR, independently syndicated Dave Ramsey moves from delayed broadcast status to airing in the live 2:00 pm to 4:00 pm slot beginning February 27. WOR VP/GM Jerry Crowley states, “In these rocky economic times New Yorkers need a voice they can trust to guide them in their money decisions. We are proud to welcome the country’s top name in financial talk radio – Dave Ramsey – to our award-winning lineup.”
“Battle Line with Alan Nathan” Adds Two Hours on Lifestyle TalkRadio Network. Alan Nathan’s Main Street Radio Network-produced talk program is already distributed nationally via the Blue Star Media’s Lifestyle TalkRadio Network from 5:00 pm to 7:00 pm daily. Now, with the departure of Lou Dobbs’ radio program from the network, “Battle Line” adds another two hours from 8:00 pm to 10:00 pm. Main Street Radio Network president Jane Silk says, “Main Street is very excited with the additional two hours of ‘Battle Line’ on LTRN. Our working relationship with the staff of BTRN/LTRN is a model on how companies can work together for the good of all involved!” Business TalkRadio Network CEO Michael Metter comments, “We are thrilled to be a part of the increase in Alan’s reach. We are looking forward to bringing our affiliates the brilliance of Alan’s informed, entertaining centrist views.”
Fabulous Sports Babe Nanci Donnellan Off WHBO, Tampa Due to Health Issues. The Tampa Bay Times is reporting that Nanci Donnellan – known as the Fabulous Sports Babe – is absent from her midday sports talk show on Genesis Communications’ WHBO, Tampa due to what is believed to be health issues. The station is not commenting. Donnellan, who hosted a nationally syndicated sports talk program on ESPN Radio in the 1990s and at Sports Fan Radio Network after that – left radio for a period to battle breast cancer before returning to the air in Florida, eventually settling at WHBO. Sitting in for her is former WDAE sports reporter Whitney Johnson.
Boston Radio Community Honors Memory of WBZ Personality Dave Maynard. During a 40-year radio and TV career Dave Maynard ruled the airwaves in Boston on WBZ during the 1980s. He’s being remembered for his warm personality that made his program such a success in the market. Maynard died at his home in Citrus Hills, Florida on Wednesday at age 82. He’d suffered with Parkinson’s for the past decade. WBZ director of news and programming Peter Casey tells the Boston Globe, “He was just a genuine, honest person on the radio. There wasn’t a Dave Maynard on the air and a Dave Maynard off the air. He made a career being Dave Maynard on the air, and that was the Dave Maynard who lived next door to you.”
Bell Media Cuts 16 Positions in Ottawa Radio/TV Cluster; Afternoon Talk Host Michael Harris Among Casualties. While the Canadian economy has not been hit as hard as America’s during recent times, it appears Bell Media is feeling the pinch and the need to restructure its Ottawa operations. According to the Ottawa Citizen, among those let go in addition to CFRA afternoon host Michael Harris on the spoken word side include CFRA reporter Gord McDougall, sports CFGO – Team 1200 – staffers Jim Jerome, Phil Melanson and Mike Sutherland. Harris had been a talk host at CFRA for the past 11 years. He tells the paper the moves appear to be financial in nature and management “went out of their way to say it had nothing to do with the quality of my work.”
GOP Primary Battle the Top News/Talk Story for the Week of February 6-10. The intensifying GOP primary battle between Mitt Romney, Newt Gingrich and Rick Santorum (with Ron Paul sticking it out as well) landed atop the Talkers TenTM as the most-talked-about story on news/talk radio this week. Right behind at #2 was the 2012 presidential race combined with the Obama Super PAC story. At #3 was the Syria policy and the closure of the U.S. embassy there as a result of the intense violence. And at #4 was the foreclosure abuse settlement signed by President Obama. The Talkers TenTM contains the 10 top stories and people discussed on news/talk radio during the week according to ongoing research from TALKERS.
In the Belly of the Beast. WMAL-AM/FM, Washington, DC morning drive team the “Morning Majority” broadcast live from the Conservative Political Action Conference in Washington, DC this week. Pictured here are “Morning Majority” co-hosts Brian Wilson (l) and Mary Katherine Ham (c) interviewing CPAC organizer Al Cardenas (r) of the American Conservative Union. Also broadcasting from the two-day event were WMAL morning co-host Bryan Nehman and midday talk host Chris Plante.
WNDB, Daytona Beach Talk Host Marc Bernier Moderates Carlson-Begala Debate. The Daytona Regional Chamber of Commerce packed 600 people into the Daytona Beach Ocean Center for a debate of the issues of the election season between CNN analyst and Democrat Paul Begala and Fox News Channel personality and Republican Tucker Carlson. WNDB talk show host Marc Bernier served as moderator for the event. Pictured here are (from l-r) Paul Begala, Marc Bernier and Tucker Carlson.
