Tag: "debt"

Friday, October 27, 2017

| October 27, 2017

iHeartMedia and Debt Holders Continue to Negotiate But Differences Remain.  The biggest hurdle in resolving the massive debt that iHeartMedia is shouldering is that the group of lenders led by Franklin Resources is seeking a pre-packaged bankruptcy that would leave senior bondholders and term loan lenders with the bulk of the shares of the radio and outdoor businesses.  But, iHM wants to restructure about $15.5 billion of the $20 billion of debt out of court.  iHM’s counter-offer reportedly includes about 50% equity in iHeartMedia and an even greater stake in Clear Channel Outdoor, but no “pre-pack.”  The New York Post reports that “one person close to the talks said, with the current proposal not being well received, there is a 75 percent chance of a court-supervised restructuring.”   The Wall Street Journal says that where the two sides are in agreement is that senior creditors holding some $12.8 billion in priority guarantee notes and term loans would receive between $6 billion and $7 billion in new secured notes.

CBS News Radio Reveals New Programming at First-Ever Upfront Presentation.  This is the first upfront presentation – taking place at the CBS Broadcast Center in NYC – by CBS News Radio to advertising executives and it includes the unveiling of new original news, finance and entertainment programming.   Among the new offerings that will launch on January 1, 2018 are: daily one-minute features from CBS Television programs “Entertainment Tonight,” “Inside Edition,” “The Doctors,” “Dr. Phil,” and “Rachael Ray”; a daily one-minute feature and a two-hour weekend show hosted by CBS News business analyst Jill Schlesinger called “Jill on Money”; a  one-minute feature and two-hour weekend show produced by veterans for veterans and their families called “Eye on Veterans”; and a new 90-second commentary from Dave Ross.  CBS News CFO Charles Pavlounis comments, “We’re excited to share these new and exclusive program offerings, as well as our continuing lineup of original reporting with our colleagues in the advertising community and our affiliate stations.  These programs allow our affiliated stations to deliver original, engaging content to their dedicated listeners, while our clients are able to gain maximum exposure for their messages on news, talk and music formats around the country.”  “Welcome Home” is the theme of the upfront event that is being co-hosted with Skyview Networks, the distribution, inventory management and sales partner of CBS News Radio.

Townsquare Media Signs Kevin Miller to Four-Year Extension. Talk radio pro Kevin Miller will continue serving as brand manager and morning drive personality at Townsquare Media’s KIDO, Boise for the next four years after signing a contract renewal with the station.   The station says, “For Miller, radio is community, using his daily show and digital platform to find solutions for the many Treasure Valley community needs.  He’s been known to go ‘all in’ on issues dear to his heart, including a week-long, live-in fundraising campaign for the Canyon County Animal Shelter when it faced the threat of closure. The ‘Kevin In the Kennel’ live broadcast was nationally recognized by Rachael Ray and the ASPCA, resulting in a $25,000 donation to save the shelter and thousands in pet adoptions.”  Townsquare SVP Kevin Godwin comments, “Kevin Miller epitomizes what we look for in live and local talent. His work ethic, his commitment to providing quality local content to our audience and his ability to connect to those things most important to the community is second to none.  The extraordinary current political, financial and cultural events of the time demand experience and a greater commitment to our listeners, advertisers, and the business community at large. I’m certain Kevin and ‘KIDO Talk Radio’ will continue to deliver on that commitment.”

Bob Ramsey Returns to St. Louis Airwaves on KTRS.  The St. Louis Post-Dispatch’s Dan Caesar reports that market sports media figure Bob Ramsey is returning to the radio after an absence of about 18 months.  He’s joining the KTRS evening show hosted by sports director Brendan Wiese.  It airs from 6:30 pm to 9:00 pm and Ramsey is expected to be a co-host “two or three times a week.”  Post-Dispatch sports columnist Ben Frederickson is also joining the program.   Caesar reports that Ramsey has been working with crosstown KFNS owner Randy Markel as a “point man for a youth baseball complex…Markel is trying to develop near the Lake of the Ozarks.”  Read the Post-Dispatch piece here.

TALKERS News Notes.  The Sporting NewsMichael McCarthy is reporting that there are more job cuts on the horizon for ESPN – including the radio division – and the reason is the need for cost-cutting.  McCarthy’s report says between 40 and 60 positions could be eliminated in late November or early December and that they could be both on-air TV/radio people and production staffers…..Legendary sports media figure Dan Patrick is getting his name on an institute of higher learning, specifically, his partnership with Full Sail University in Winter Park, Florida will open the Dan Patrick School of Sportscasting at the college.  Through the school, students will be able to earn undergraduate bachelor degrees.  The FOX Sports Radio and NBC Sports personality consummated the deal via his agents at Playbook, Inc.  Patrick is expected to call on his numerous contacts in the industry to participate in guest teaching roles…..Jacobs Media’s Seth Resler is launching a new podcast dedicated to the renaissance of Detroit titled, “The D Brief.”  With co-host and local stand-up comic Mike Geeter, Resler will focus on the arts and entertainment scene, covering everything from concerts to comedy to film, festivals, food and drink.  Fred Jacobs comments, “When Seth first moved to Detroit to join Jacobs Media, he took a six-month lease.  He never envisioned living here permanently, but fell in love with Detroit.  He’s been a podcaster since the early days, and marrying his passion for the Motor City with his podcasting skills is a perfect match.”

Trump Tax Cuts Top News/Talk Story for Week of October 23-27.  The tax reform proposal from the Trump Administration and the GOP was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM.  At #2 this week was the Clinton campaign and DNC funded Trump-Russia dossier story.  Coming in at #3 was the variety of sexual harassment accusations being leveled against various public figures, followed by the Obama Adminstration’s deal with Russia-backed Uranium One at #4.  The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine.  It is published every Friday at Talkers.com.  View this week’s entire chart here.

 

 

Music Radio News and Career Moves.  Boston triple A WXRV “The River” names Massachusetts native Annalisa its new afternoon drive host.  Annalisa previously spent 20 years in the Bay Area hosting the midday show at Cumulus Media’s triple A KFOG.  In the Boston market, she’s also served with rock WAAF and hosted the morning show at classic rock WZLX.  WXRV general manager Donald St. Sauveur states, “Annalisa’s such a wonderful talent and a passionate professional.  She has an encyclopedic knowledge of the thousands of artists and bands that ‘The River’ features on a daily basis.  She shares stories about the songs that are the soundtrack of our audience’s lives in an irreverent and witty way that’s authentic and approachable.”…..Rock KISW, Seattle is presenting its third annual “Live Day” at the Emerald Queen Casino in Tacoma on November 16.  On this “Live Day,” both the morning drive “BJ & Migs” and the PM drive “The Men’s Room” will be performed completely live – nothing at all will be recorded – commercials, sound effects, nor music.  The show hosts will be assisted by a cast of local musicians, Foley artists (the ones who make sound effects), and comedians.  Entercom Seattle VP, programming and operations Dave Richards states, “Doing two full shows completely live clearly wasn’t enough of a challenge for KISW.  This year, we’ll take ‘Live Day’ to a full stage production in front of a live audience.”…..Beasley Media Group announces Gregory Simonson is named the general sales manager for the company’s Fayetteville, North Carolina cluster that includes: adult contemporary WAZZ, country WKML, urban contemporary WZFX, rhythmic oldies WUKS, and adult hits WFLB.  Most recently, Simonson has been Southeast regional VP at Inc.’s iAd division…..Milwaukee’s hot AC WMYX “99.1 The Mix” hopes to cheer up Green Bay Packers quarterback Aaron Rodgers – out for the season nursing a broken collarbone – by getting fans to sign the banner you see at left being held by morning show hosts Elizabeth and Radar…..WAY Media Network program director Todd Stach announces that Steve Shore is named network music director.  Shore is a WAY Media and Christian music radio industry pro, having served in various roles at WAY-FM for the past 15 years.  He will continue his role as assistant network program director while adding music director duties.

Freddie ‘Boom Boom’ Cannon on KTHO, Lake Tahoe.  Rock ‘n’ roll legend Freddy “Boom Boom” Cannon (right) is pictured in the studios of KTHO, South Lake Tahoe, California with the station’s Insane Darryll Wayne (left).  Wayne says, “Freddy’s latest single, ‘Svengoolie Stomp is fangtastic!  Boom Boom’s stories of Elvis, Frank, Led Zeppelin, and of course MeTV Horror host Svengoolie, lit up our airwaves.  Freddy ‘Boom Boom’ Cannon, creeps it real.”

Monday, August 14, 2017

| August 14, 2017

Report: iHeartMedia Creditor May Submit Plan to Avoid Bankruptcy This Week.  According to a story in the New York Post, Franklin Resources – holder of $2.3 billion of iHeartMedia’s $20 billion of debt – may propose a restructuring plan for iHM that may require controlling equity in the company and more cash guarantees.  Franklin Resources had been holding firm against any refinancing, possibly with the hope that the company would be forced into bankruptcy and Franklin could then “cash out” after the sale of iHM assets.  But the Post story indicates that Franklin adviser PJT Partners is recommending that Franklin not push iHM into bankruptcy, hence the report of a possible debt-for-equity deal.  The report also hints that current CEO Bob Pittman will remain in his position.  Read the Post story here.

Cash Infusion for TuneIn.  According to Bloomberg, digital audio aggregator TuneIn has just raised another $50 million in investment, reportedly from Marker LLC, IVP and Comcast Ventures – which led the funding – plus Sequoia Capital, Causeway Media Partners LLC and General Catalyst Partners LLCBloomberg writes that so far TuneIn has raised $140 million.  Chief executive officer John Donham says, “Two years ago we launched a premium subscription with a play by play of every game from every league, home and away, with worldwide rights for every connected device.  It turns out those deals are not cheap.  We’re excited about building a subscription base. But in the meantime, we’re paying for that content.”  Donham declined to tell Bloomberg how many paying subscribers the service has but stated that “the model under which we operate has a very clear path to profitability versus most in [the] streaming audio space.”  The 15-year-old service has yet to turn a profit.   Read the Bloomberg piece here.

Connolly New Head of Advertising Sales for SiriusXM.  Moving from ESPN where he was VP of advertising sales and affiliates sales for the ESPN Audio Network to SiriusXM is Mike Connolly.  He is the satcaster’s new head of advertising sales, taking over for Bette Rockmore who is taking a teaching position at Pace University.  A press release states that Connolly “brings broad experience working with varied on-air audio content in his three decades in media sales.”  SiriusXM president and chief content officer Scott Greenstein comments, “Mike is a proven ad industry executive and we are excited to have him lead SiriusXM’s ad sales team and continue its strong sustained growth.  Mike’s extensive experience in audio entertainment will be of crucial importance to SiriusXM as our programming depth and variety expand and the national audience of subscribers and listeners continues to rise.”

TALKERS News Notes.  All this week, David van Camp will broadcast live from Guam on theMarkley and van Camp” show based at Alpha Media’s news/talk WMBD, Peoria, and heard on KXL, Portland; KFQD, Anchorage; as well as Tyler Media’s KOKC, Oklahoma City.  Speaking about broadcasting from Guam, van Camp says, “What I’m most interested in is talking to everyday people.  What do they think about when they see all of this coverage when they see how much focus there is on their home?  And, really, just tell their story.”…..This Sunday (8/20), CBS Sports Radio will broadcast a live, special edition of “The Taz Show” from 11:00 pm to 2:00 am ET following the WWE Summer Slam at the Barclays Center earlier that evening.  Former pro wrestler Taz will talk about “the results of the night’s championship matches, including the winners, losers and biggest surprises.”  CBS RADIO stations carrying the program will include WFAN, New York; WSCR, Chicago; KRLD, Dallas; and more…..College football legend Steve Spurrier joins SiriusXM as a college football analyst.  Beginning August 15, Spurrier will appear three times per week on the SiriusXM College Sports Nation channel.

Charlottesville Violence/Trump Response, Bannon’s White House Status, U.S.-North Korea Tensions, NFL Players Sit During Anthem, Taylor Swift Suit, Al Gore’s An Inconvenient Sequel Film, MLB Action, and NFL Pre-season Games Among Top News/Talk Stories Over the Weekend.  The death and injuries at the Charlottesville white supremacist rally and criticism of President Trump’s response; speculation about the future of White House strategist Stephen K. Bannon and reports that Trump believes Bannon may be involved in leaks; the ongoing threats by North Korean leader Kim Jong Un and President Trump’s responses; the failure to stand during the National Anthem by Oakland Raiders running back Marshawn Lynch and Seattle Seahawks defensive end Michael Bennett prior to pre-season games; a judge’s decision to throw out David Mueller’s suit against Taylor Swift and the remaining aspects of the legal battle; Al Gore’s new global warming film An Inconvenient Sequel debuts; Major League Baseball action, and the weekend’s pre-season NFL games were some of the most-talked-about stories on news/talk radio over the weekend.

Longtime WBZ, Boston/CBS RADIO Personality Neil Chayet Passes.  Talk and news radio listeners across the country knew attorney Neil Chayet as host of the long-running legal feature “Looking at the Law,” that was heard on CBS RADIO’s WBZ, Boston and on CBS stations across the country.  Chayet passed away on Friday (8/11) after a nine-month battle with small cell cancer.  He was 78.  He retired from the radio program in June due to his illness.

Tubbs Exits KOA, Denver.  According to KCNC-TV, Denver, morning personality Steffan Tubbs has been let go by iHeartMedia and will “no longer be part of ‘Colorado’s Morning News on KOA.”  Tubbs was arrested on July 30 on a domestic violence charge after authorities suspected him of harassing and threatening his ex-girlfriend.  He has pleaded not guilty and will be back in court for a trial on October 18.  The station issued a memo stating, “The morning show will continue on schedule with April Zesbaugh and guest host (KCNC-TV weatherman) Ed Greene beginning the week of 8/14.”

 

 

Music Radio News and Career Moves. WQDR, Raleigh morning personality Mike Wheless celebrates 25 years with the Curtis Media Group country station.  “The Q Morning Crew” consists of Wheless, Janie Carothers, and Marty “The One-Man Party.”  The program has won industry awards, including the Country Music Association “Personality of the Year” and Academy of Country Music “Personality of the Year” honors.  Curtis Media Group president and COO Trip Savery comments, “Mike Wheless is a tremendous contributor to WQDR’s ongoing success.  Mike has grown from overnight jock to the foundation of the most successful morning show in the region and as he celebrates a quarter century in that role, we all acknowledge his passion, talent, and success.”…..iHeartMedia’s rock KBRQ, Waco, Texas “102.5 The Bear” names Aaron Zytle host of the “AZ in the Morning Rumble” program.  He takes over for Keith Junker, a.k.a. Fish, who exited the radio biz.  Zytle’s program will be simulcast to iHM’s Killeen active rocker KLFX “107.3 The Fox.”  Zytle was most recently with Bahakel Communications in Colorado Springs programming alternative KRXP and serving as afternoon personality…..Mark Shepperd is the new afternoon drive host at Jerry Lee-owned adult contemporary WBEB, Philadelphia “Today’s 101.1 More FM.”  Shepperd assumes the daypart previously held by Logan, now with Fort Myers Broadcasting Company handling mornings at adult contemporary WINK-FM.

 

 

July PPM Takeaways. Below are TALKERS magazine editor Mike Kinosian‘s “Twelve Takeaways” based on the July PPM ratings information released by Nielsen Audio last week.  The 12 markets addressed today are: New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island), Riverside, San Jose, and Middlesex-Somerset-Union (New Jersey). Nielsen’s July 2017 survey period covered June 22 – July 19.  Meanwhile, you can view all the 6+ numbers from subscribing stations here.

TWELVE TAKEAWAYS

1) New York – Albeit the net gain is just two-tenths, this nonetheless represents the fourth successive sweep in which WPLJ “95.5 PLJ” has not had a decrease (2.4 – 2.4 – 2.4 – 2.5 – 2.6, 6+). As a result, the Cumulus Media hot AC climbs from #15 to #13, catching its format rival – CBS Radio’s WNEW-FM “Fresh 102.7” – which is off one-tenth (2.7 – 2.6, flat at #13). “Fresh” had held the advantage over WPLJ in each of the last seven ratings periods. Steady at #8, iHeartMedia urban contemporary WWPR “Power 105.1 New York’s Hip-Hop and R&B” is without a decrease for the sixth successive sweep (3.6 – 3.6 – 3.6 – 3.7 – 3.8 – 4.2 – 4.2, 6+) and is up six-tenths in that stretch. Not only does iHeartMedia adult contemporary cluster-mate WLTW register its third straight gain for a cumulative +.7 (6.0 – 6.1 – 6.5 – 6.7, 6+), “106.7 Lite FM” finishes at #1 for the third consecutive time. A one-tenth increase by “Lite” in May halted four straight declines that produced a collective -7.3 since “Holiday” 2016 (13.3 – 7.2 – 7.1 – 6.2 – 6.0, 6+). One-tenth off the top and repeating in the runner-up slot is CBS Radio classic hits-oldies WCBS-FM “New York’s Greatest Hits,” which posts its fourth successive up or flat trend for a combined +.7 (5.9 – 6.1 – 6.1 – 6.2 – 6.6, 6+). After logging three straight increases for a collective gain of eight-tenths since March (1.7 – 2.2 – 2.4 – 2.5, 6+), iHeartMedia news/talk WOR regresses by one-half share to 2.0 (6+), tumbling from #15 to #19. June 2017’s 2.5 was the highest 6+-stat for the New York Mets flagship in nearly seven years when it reached 2.6 (#19) in November 2010. Having gained nine-tenths in June to 3.0 (6+), WYNC-FM put an end to four straight downward trends that produced a -.6 (2.7 – 2.6 – 2.5 – 2.3 – 2.1, 6+); however, like WOR – the public news/talk station drops one-half share (3.0 – 2.5, 6+) and shifts from #12 to #15. Meanwhile, Cumulus Media news/talk WABC is down or flat for the sixth straight time yet the net loss is just two-tenths (1.4 – 1.4 – 1.4 – 1.3 – 1.3 – 1.3 – 1.2, 6+) and it is unchanged at #22. Following back-to-back 2.4 showings (6+) in April and May, CBS Radio all-news WCBS-AM registers a 2.7 (6+) in June and July, moving up from #13 in June to #12. Flat at #6, co-owned and similarly formatted WINS is a collective -1.1 in four straight dips (5.8 – 5.3 – 5.1 – 4.8 – 4.7, 6+), while iHeartMedia rhythmic CHR WKTU (ninth to tenth) is -.2 in four consecutive sweeps without an increase (4.1 – 4.1 – 4.1 – 4.0 – 3.9, 6+).

2) Los Angeles – The 12 stations ranking between #9 and #20 in July 2017 are separated by just eight-tenths of a share Within those rankers, there are ties at #11, #13, #15, and #17. Jumping from #18 to #11, Spanish Broadcasting System Spanish contemporary KXOL “Mega 96.3 – LA’s #1 Party Station” cobbles together five gains in succession for a +.9 (2.0 – 2.1 – 2.3 – 2.4 – 2.5 – 2.9, 6+). Three straight increases by regional Mexican cluster-mate KLAX have yielded a +1.1 (1.6 – 1.8 – 1.9 – 2.7, 6+), with “97.9 La Raza” notching its strongest 6+-share since February 2016’s 2.9 and reentering the top twenty at #15. Down or flat in each of the past four months for a -.4 (3.9 – 3.9 – 3.7 – 3.6 – 3.5, 6+), Univision Radio Spanish contemporary KLVE “107.5 K-Love” (unchanged at #6) busts out a July 2017 gain more than twice that margin (+.9, 6+) and has its highest 6+-share since last October’s 4.5. Climbing back into the top ten (#11 to #9), Meruelo Media Holdings rhythmic CHR KPWR “Power 106” gains a collective half-share in four successive up or flat trends (2.6 – 2.6 – 2.9 – 2.9 – 3.1, 6+). Unchanged at #10, CBS Radio CHR KAMP “Amp” hasn’t had a decrease in the past five sweeps (2.4 – 2.6 – 2.6 – 2.7 – 3.0 – 3.0, 6+). Co-owned alternative KROQ moves from #19 to #17 and is up or flat for the seventh consecutive monthly for a +.7 in that period (1.8 – 2.0 – 2.1 – 2.1 – 2.2 – 2.2 – 2.4 – 2.5, 6+). Conversely, its format rival, iHeartMedia’s KYSR-FM “ALT 98.7 – LA’s New Alternative,” is down or flat for the fifth time in a row for a collective loss of one-half share (3.2 – 3.1 – 3.0 – 2.9 – 2.9 – 2.7, 6+) and slips from #11 to #15. As a result, the 1.5-share (6+) advantage KYSR held over KROQ in December is now down to two-tenths. This is the fifth successive ratings period without erosion for Mount Wilson FM Broadcasters’ KKGO “Go Country 105” (#14 to #13) which has generated a cumulative gain of six-tenths since January (2.2 – 2.5 – 2.5 – 2.7 – 2.8 – 2.8 – 2.8, 6+). Stuck on 5.8 (6+) in May and June, iHeartMedia hot AC “My-FM” picks up three-tenths to 6.1 (6+) and is #1 for the sixth consecutive time. When “My-FM” dropped one-tenth in April, it ended three straight uptrends (4.7 – 5.1 – 5.2 – 5.7, 6+), which netted a combined full-share gain. February’s +.1 (5.1 – 5.2, 6+) was enough for it to depart the runner-up slot it held the previous three sweeps and take over at #1. Trending a very consistent 5.5 – 5.5 – 5.3 – 5.4 – 5.3 (6+) March 2017 to July 2017, CBS Radio smooth AC KTWV “The Wave” occupies the runner-up position for the fifth straight sweep. Similarly, the January 2017 through July 2017 6+-trending for iHeartMedia news/talk KFI (eighth to seventh) is 3.5 – 3.5 – 3.4 – 3.5 – 3.5 – 3.3 – 3.4. Owing to six straight decreases (2.3 – 2.1 – 1.8 – 1.7 – 1.6 – 1.5 – 1.4, 6+), Taxi Productions urban AC KJLH (#25 to #24) is a collective -.9.  Not only is KNX without an increase for the fifth straight time for a loss of nine-tenths (3.8 – 3.6 – 3.4 – 3.4 – 3.3 – 2.9, 6+), the CBS Radio all-news property exits the top ten (#8 to #11).

3) Chicago – It’s a strong “Windy City” sweep for the market’s two country stations as each improve by seven-tenths. In the case of CBS Radio-owned WUSN, adds a +.7 in July to June’s half share increase as “US-99 Chicago’s Hottest Country” zooms from ninth to fifth. In addition to notching its fourth straight up or flat trend (2.6 – 2.6 – 2.9 – 3.4 – 4.1, 6+), WUSN has its best 6+-showing since the 4.1 it recorded in November 2014. Meanwhile, dating back to the first of the year, its format rival – iHeartMedia’s WEBG “Big 95.5 Chicago’s New Country” – was trending 2.2 – 2.2 – 2.2 – 2.3 – 2.1 – 2.1 (January 2017 – June 2017, 6+), but jumps to 2.8, catapulting from #22 to #14. This represents the fourth consecutive time urban AC sibling WVAZ is without a decrease for a +1.1 (5.6 – 5.6 – 5.8 – 6.1 – 6.7, 6+). Moreover, “V-103 Today’s R&B and Throwbacks” is #1 for the sixth successive month. In the runner-up slot from February through June, CBS Radio all-news operation WBBM-AM slips to third and is down or flat for the sixth straight sweep for a collective -1.9 (6.3 – 5.4 – 5.4 – 4.9 – 4.8 – 4.7 – 4.4, 6+). Jumping over it is Hubbard hot AC WTMX “Mix,” which picks up one-tenth to 4.7 (6+), thus snapping at five a consecutive string of sweeps without an increase that accounted for a loss of seven-tenths (5.3 – 4.9 – 4.8 – 4.8 – 4.6 – 4.6, 6+). Similarly-formatted, iHeartMedia-owned WLIT “93.9 My-FM The Best Variety” is -1.3 via four successive declines (3.7 – 3.4 – 3.0 – 2.8 – 2.4, 6+), spiraling from #15 to #20. For the fourth successive time, its urban contemporary sibling WGCI-FM “Chicago’s #1 for Hip-Hop and R&B” gains two-tenths (2.6 – 2.8 – 3.0 – 3.2 – 3.4, 6+) and advances from tenth to ninth. Unchanged at #4, Hubbard-owned WDRV “97.1 The Drive – Chicago’s Classic Rock” registers its fifth consecutive up or flat trend (3.4 – 3.4 – 3.5 – 3.6 – 3.9 – 4.2, 6+) and is up eight-tenths since February. Following five straight (modest) increases that netted a full-share (2.7 – 2.8 – 2.9 – 3.3 – 3.6 – 3.7, 6+), Univision Radio regional Mexican WOJO “105.1 Que Buena” drops three-tenths to 3.4 (eighth to ninth, 6+). Tied at #18 doing various shades of adult contemporary are WRME-LP (2.9 – 2.7, down from #14 in June, 6+) and Hubbard’s WSHE, #17 in June and down or flat for the fourth straight month for a net loss of one half-share (3.2 – 3.0 – 2.9- 2.7 – 2.7, 6+). Slipping from sixth to eighth, CBS Radio sports talk WSCR “The Score” notches a 3.7 for the third time in the last four sweeps. Down or flat for the fifth straight ratings period for a collective -1.4 (4.2 – 4.2 – 3.9 – 3.3 – 3.1 – 2.8, 6+), after three consecutive sweeps without a loss for a +.5 (3.7 – 4.0 – 4.2 – 4.2, 6+), Tribune Media Company news/talk WGN drops from #11 to #14. The 15 stations occupying rankers 9 through 23 in July 2017 are separated by 1.2 shares (2.2 – 3.4, 6+). Trending 1.4 – 1.5 – 1.6, April – May – June (6+), Window to the World classical WFMT is unlisted in July.

4) San Francisco – Having registered a 2.5 (6+) in four of the previous five ratings periods, Entercom urban AC KBLX added two-tenths in June; “102.9 The Bay’s R&B” follows in July with a gain of six-tenths (2.5 – 2.7 – 3.3, 6+) and cracks the top ten (#12 to #9). The last time KBLX reached the three-share level (6+) was in April 2016 with a 3.0. Its sports talk sibling KGMZ “95.7 The Game” though falters by one-full share (2.1 – 1.1, 6+) as the Oakland A’s flagship disappears from the top twenty (#18 to #25). May’s +.3 by “The Game” put an end to its 1.7 – 1.8 – 1.7 – 1.8 – 1.7 (6+) trending. At the same time, Entercom-owned San Francisco Giants flagship KNBR “The Sports Leader,” off for the third time in a row (4.2 – 4.1 – 3.5 – 3.2, 6+) for a cumulative -1.0, slips from eighth to tenth. Notwithstanding that Cumulus Media classic rocker KSAN “107.7 The Bone” remains at #14, its string of consecutive ratings periods without a decrease extends to seven (2.1 – 2.1 – 2.1 – 2.1 – 2.3 – 2.5 – 2.5 – 2.7, 6+). The October 2016 through July 2017 6+-line for iHeartMedia urban contemporary KMEL “#1 for Hip-Hop and R&B in the Bay Area” is 3.3 – 3.0 – 2.9 – 3.3 – 3.1 – 3.0 – 3.0 – 3.1 – 3.0 – 2.9 – 3.0 (#11 to #12). Finishing first and second (6+) are stations in the news/talk (KQED-FM) and news genres (CBS Radio-owned KCBS-AM, down for the third straight time, 6.3 – 6.1 – 6.0 – 5.8, 6+), while adult contemporary is at #3 and #4 with Entercom’s KOIT-FM, off for the third consecutive time, 5.5 – 5.3 – 5.0 – 4.8, 6+ and iHeartMedia-owned KISQ “98.1 The Breeze” (4.1, -.2, 6+) Hot AC is represented at #5 and #6 with iHeartMedia’s KIOI “Star 101.3” (4.0, -.3, 6+) and CBS Radio-owned KLLC “Alice @ 97.3” (3.7, -.2, 6+), while contemporary hit radio occupies #7 and #8 with KMVQ and iHeartMedia’s KYLD “Wild 94.9 – The Bay’s #1 Hit Music Station” (3.4, +.2, 6+). Frozen on 3.8 (6+) in February and March and then on 3.2 (6+) in April and May, CBS Radio’s KMVQ slipped to 3.0 in June but “99.7 – New Hit Music Now” bounces back with a one-half share gain to 3.5 (6+), leaping from tenth to seventh. With a spike of four-tenths to 7.1 (6+), KQED-FM halts at four a successive streak without an increase that produced a -1.0 (7.7 – 7.3 – 7.0 – 6.7 – 6.7, 6+). Moreover, just as it has been every month this calendar year, the Northern California Public Broadcasting facility is on top in San Francisco. Slipping from seventh to tenth, Univision Radio Spanish adult hits KBRG “100.3 Mas Variedad” forfeits four-tenths to 3.2 (6+), ending three straight increases that netted nine-tenths (2.7 – 2.8 – 3.3 – 3.6, 6+). While it remains at #21, Cumulus Media news/talk KSFO is without an increase for the sixth time in a row for a loss of more than one-full share (2.8 – 2.8 – 2.6 – 2.3 – 2.1 – 1.8 – 1.7, 6+). This is the fourth straight month that Entercom-owned KUFX “98.5 K-Fox – The South Bay’s Classic Rock” is unlisted in San Francisco, but it still appears in print in San Jose (see below). The station’s March 2017 6+-San Francisco stat was 1.5.

5) Dallas – Over and above halting three straight negative trends that yielded a loss of eight-tenths (3.9 – 3.5 – 3.2 – 3.1, 6+) CBS Radio adult hits KJKK “100.3 Jack-FM” (tenth to sixth) recaptures that loss in its entirety – and two-tenths to spare- with a +1.0 to 4.1. This is the strongest 6+-performance for Dallas’ version of “Jack” since last December’s 4.2. In what we believe are the first trends in the PPM-era for The City of Dallas’ WRR, the classical facility checks in at #21 with a 2.1 (6+), which represents a one-half share increase over June’s (unlisted) 1.6 (6+). Up two-tenths to 2.3 (#20 to #18, 6+), Northwest Texas Public Broadcasting news/talk KERA curtails at four a successive string of down or flat trends that produced a loss of one-half share (2.6 – 2.3 – 2.3 – 2.2 – 2.1, 6+). A mere two-tenths of a share separates the top three July 2017 finishers, which includes Cumulus Media country outlet KPLX, while down one-half share (6.1 – 5.6, 6+), is #1 for the seventh successive time. This, however, is the lowest 6+-share for “The Wolf” since the “Holiday” 2016 report’s 4.7. Right on its heels and remaining at #2 and #3, respectively, are iHeartMedia CHR and classic rock siblings KHKS “106.1 Kiss-FM” (surrendering half of June’s +.6, 5.8 – 5.5, -.3, 6+) and KZPS “Lone Star 92.5.” After four straight increases that netted nine-tenths (4.6 – 4.7 – 5.0 – 5.2 – 5.5, 6+), “Lone Star 92.5” lost one-tenth in June and is flat in July at 5.4 (6+). On hiatus from the KHKS-originated, syndicated “Kidd Kraddick Show,” Elena Davies remains one of the Season 19 houseguests on CBS-TV’s “Big Brother,” which premiered June 28; “Kiss” was tied for the top spot with KPLX in March. Following June 2017’s +1.1, Salem Media Group contemporary Christian KLTY “94.9 – Your Life … Inspired” relinquishes roughly one-half of it (4.3 – 3.7, -.6, 6+), slipping from fifth to eighth; June 2017’s 4.3 was its strongest 6+-stat since 4.4 in “Holiday” 2015. Without an increase for the sixth time in a row for a collective -1.6 since January (3.6 – 3.3 – 2.9 – 2.6 – 2.3 – 2.0 – 2.0, 6+), Cumulus Media news/talk WBAP fades from #22 to #24. Three stations are flat at 3.0 and continue to be linked at #11: Cumulus Media sports talk KTCK “The Ticket”; iHeartMedia’s KEGL “97.1 The Eagle Rocks”; and Service Broadcasting urban AC KRNB “105.7 Smooth R&B.” Progressing from #17 to join them at #11 is Univision Radio Spanish contemporary KDXX “Latino Mix,” which registers its fifth consecutive up or flat trend for a +1.1 (1.9 – 2.0 – 2.4 – 2.6 – 2.6 – 3.0, 6+). From the first of the year through July 2017, the 6+-line for Radio One rhythmic CHR KBFB “97.9 The Beat” (steady at #16) is 2.8 – 2.9 – 2.9 – 2.7 – 2.8 – 2.7 – 2.7.

6) Houston – Not only does CBS Radio country KILT-FM end at four its string of down or flat trends that produced a -.6 (3.6 – 3.5 – 3.3 – 3.3 – 3.0, 6+), by posting a +.9 (to 3.9, 6+) “100.3 The Bull” rockets from #16 to a four-way tie at #10. This is the best 6+-showing for “The Bull” since last December’s 4.0. Although it remains at #3, iHeartMedia adult contemporary KODA picks up six-tenths to 6.4 (6+), its strongest 6+-stat since “Holiday” 2016 (10.3). Between March 2017 and June 2017, “Sunny 99.1” had a 6+-pattern of 5.8 – 5.5 – 5.5 – 5.8. A +1.1 via four straight up or flat trends (3.7 – 3.8 – 3.8 – 4.6 – 4.8, 6+), Cumulus Media CHR KRBE “Houston’s #1 Hit Music Station” inches up from sixth to fifth with its highest 6+-share since December 2015 (4.8, as well). One-half share away from the top is Cox Media Group classic rock KGLK “The Eagle,” which hasn’t had a decrease since February and is +1.2 in that timeframe (5.3 – 5.7 – 5.9 – 6.2 – 6.5 – 6.5, 6+). Notwithstanding that it is #1 for the sixth consecutive ratings period, Radio One-owned urban AC KMJQ “Majic 102.1 The People’s Station” continues its wild ride as its last three trends have been +1.4 (May 2017); -.6 (June); and now -.7 in July (8.3 – 7.7 – 7.0, 6+). Up a combined +1.0 in back-to-back monthlies (6.9 – 7.2 – 7.9, January-February-March, 6+), “Majic” returned all of it in April (6.9, 6+) before notching May’s +1.4. It is a bit of a similar scenario for Univision Radio regional Mexican KLTN, which is also down seven-tenths (5.0 – 4.3, 6+) and slips from fifth to seventh. Following three straight negative trends that yielded a combined -1.5 (8.0 – 7.4 – 6.7 – 6.5, 6+), KLTN brought back 60% of that deficit in January (+.9), jumping from third to first. It was a very quick stay there though as KLTN surrendered -1.3 in February (7.4 – 6.1, 6+) and dropped to third. In March, KLTN was -.5; +.7 in April; -.2 in May; -1.1 in June; and now -.7 in July. The last time KLTN fell below a five-share (6+) was March 2016 (4.9). Similarly-formatted, Liberman Broadcasting-owned KTJM “La Raza,” which had been up or flat the past five sweeps for a cumulative gain of one full-share (1.3 – 1.7 – 1.7 – 2.1 – 2.3 – 2.3, 6+), is off four-tenths to 1.9 (#19 to #20, 6+). Surrendering in its entirety the six-tenths it gained in June (3.2 – 3.8 – 3.2, 6+), CBS Radio hot AC KHMX “Houston’s Mix 96-5” segues from #12 to #15. Following four straight gains that yielded a cumulative +1.3 (2.3 – 2.5 – 2.7 – 3.1 – 3.6, 6+), “Mix” lost four-tenths in May.

7) Atlanta – Following four successive sweeps without an increase for a -1.4 (5.3 – 4.6 – 4.6 – 4.2 – 3.9, 6+), Cox Media Group adult contemporary WSB-FM “B-98.5” breaks out a gain of eight-tenths to 4.7 (6+) and zooms back into the top ten (#11 to #6). Simultaneous with Cumulus Media’s country-formatted WKHX “Kicks 101.5” improving by seven-tenths to advance from ninth to fifth, Woman’s World Broadcasting’s WTSH “Your Georgia Country” falters by one-half share (1.8 – 1.3, #21 to #23, 6+). This is the third straight increase for “Kicks” for a cumulative +1.2 (3.6 – 3.9 – 4.1 – 4.8, 6+). Meanwhile, the market’s other country player – iHeartMedia’s WUBL “94.9 The Bull” – is a collective +1.9 via seven successive upticks (2.6 – 2.8 – 2.9 – 3.4 – 3.6 – 4.0 – 4.2 – 4.5, 6+) and carries on at #7 with its best 6+-showing in exactly one year (4.6, 6+, July 2016). Continuing at #15, Cumulus Media’s WNNX “100.5 – Atlanta’s Rock Station” is without a loss for the seventh time in a row as well and is a combined +1.6 since the “Holiday” 2016 report (1.7 – 2.0 – 2.0 – 2.2 – 2.7 – 3.2 – 3.2 – 3.3, 6+). With a gain of one-half share, City of Atlanta Board of Education news/talk WABE (unchanged at #16) continues its up/down pattern that it began last October (3.5 – 2.9 – 3.2 – 2.9 – 3.3 – 3.0 – 3.8 – 2.9 – 3.0 – 2.6 – 3.1, 6+). Four consecutive positive trends by Entercom hot AC WSTR “Star 94.1 – Today’s Best Mix” (steady at #13) have produced a gain of eight-tenths (3.0 – 3.1 – 3.3 – 3.7 – 3.8, 6+). Returning the two-tenths it garnered in June, Cox Media Group news/talk WSB-AM is nonetheless #1 for the 19th straight ratings period (8.6 – 8.8 – 8.6, 6+). Prior to June’s +.2, WSB-AM had been down or flat the previous four sweeps for a combined loss of more than two full-shares (10.7 – 9.9 – 9.5 – 9.5 – 8.6, 6+). January 2017’s 10.7 represents the station’s best-ever (6+) PPM-performance. With a loss of one-tenth in June, co-owned WSRV concluded at five its streak of consecutive gains that netted a +2.3 (4.4 – 4.6 – 5.1 – 5.9 – 6.2 – 6.7, 6+). Now, “Classic Hits 97.1 The River” sputters by seven-tenths to 5.9 (6+), slipping from second to third. The market’s (6+) urban AC share erodes by seven tenths. Specifically: Cox Media Group’s WALR “Kiss 104.1” is off three-tenths (6.2 – 5.9, 6+) and remains at #3, where it is tied with classic rock sibling WSRV, while Radio One-owned WAMJ “Majic – The Real Sound of Atlanta” regresses by four-tenths (4.8 – 4.4, 6+), dipping from fifth to eighth. Even though Cumulus Media CHR WWWQ “Q-100 Atlanta’s New Hits” picks up two-tenths (4.2 – 4.4, 6+), it drops from seventh to eighth; similarly-programmed, iHeartMedia-owned WWPW “Power 96.1 Atlanta’s #1 Hit Music Station” is flat at 4.1, but departs the top ten (#9 to #11). A combined -1.5 in four straight down or flat trends (5.4 – 5.0 – 4.5 – 3.9 – 3.9, 6+), Salem Media Group contemporary Christian WFSH “The Fish” moves from #11 to #12.

8) Philadelphia – In the last ten ratings periods, ever-consistent WUSL “Power 99” has ranged from a low of 4.0 to a high of 4.4 (4.1 – 4.0 – 4.0 – 4.0 – 4.1 – 4.2 – 4.1 – 4.3 – 4.3 – 4.4, 6+). The iHeartMedia urban contemporary facility though busts out a +1.2 to 5.6, the first time it crosses the five-share level (6+) in nearly three years (5.2, 6+, August 2014) and progresses from ninth to fifth. At least in terms of 6+-share, the steady upward pattern continues for Radio One’s WPHI, which registers its ninth successive sweep without a decrease that has resulted in a net gain of nine-tenths (1.1 – 1.3 – 1.3 – 1.3 – 1.4 – 1.4 – 1.5 – 1.7 – 1.8 – 2.0, 6+); “Boom 103.9” carries on at #19. Having logged a 3.0 (6+) in March, CBS Radio’s WTDY followed with a 2.9 (6+) in April, May, and June but “Today’s 96.5” adds two-tenths to 3.1 (6+) and climbs from #15 to #13. Up three-tenths (7.2 – 7.5, 6+) and repeating at #1 is classic hits-oldies sibling WOGL, which returned to the top spot in June after transitioning from first to third in May. Off by one full-share (3.1 – 2.1, 6+), Educational Media Foundation contemporary Christian WKVP “Positive & Encouraging K-Love” has its softest 6+-showing since “Holiday” 2016 (2.1, as well) and slips from #14 to #18. Locked on 3.3 (6+) in May and June, public news/talk WHYY (#13 to #15) spirals by eight-tenths to 2.5 – and like WKVP – this is WHYY’s lowest 6+-share since “Holiday” 2016 when it recorded a 2.3. A decrease of seven-tenths by Beasley Media Group’s WXTU “92.5 Philadelphia’s Country Station” (4.0, seventh to tenth, 6+) curtails at six a successive string of up or flat trends that netted a +1.1 (3.6 – 3.7 – 4.0 – 4.0 – 4.3 – 4.3 – 4.7, 6+). As the result of three straight downward moves, co-owned WMMR is -1.2 (6.0 – 5.7 – 5.3 – 4.8, 6+) and “93.3 Everything That Rocks” drops from fifth to seventh. A combined -.8 since May when it was #1 (7.0 – 6.8 – 6.2, 6+), iHeartMedia-owned urban AC WDAS-FM “Philly’s Best R&B and Throwbacks” slides from third in June to fourth. This marks the fifth straight month that Connoisseur Media hot AC WPST “94.5 PST” is either down or flat (1.2 – 1.2 – 1.1 -.9 – .8 – .8, #25, 6+).

9) Long Island – It isn’t often that a station’s “stream” is the lead item in these market “Takeaways,” but such is the case with CBS Radio hot AC WNEW-FM “Fresh 102.7” – and there’s an added twist. From a “no show” in June (.4 in May, 6+), the station’s “stream” bounces back with a +.5 (to .5, #32, 6+); however, the actual FM signal is off by seven-tenths to 1.7. Furthermore, “Fresh” exits the top twenty (#17 to #21, 6+) and ends at ten its successive string of being within 2.0 – 2.5 range (6+). Over and above extending to seven its consecutive string of up or flat trends for a +2.2 since the “Holiday” 2016 report (4.0 – 4.5 – 4.5 – 4.8 – 5.0 – 5.4 – 5.8 – 6.2, 6+), Cox Media Group-owned CHR WBLI “Long Island’s #1 For All the Hits” climbs from #2 to #1, which is where it was in May. It is tied there with Connoisseur Media hot AC WALK-FM “Real Variety 97.5,” which after three consecutive gains that netted a +2.1 (4.2 – 5.1 – 5.3 – 6.3, 6+), drops one-tenth to 6.2 (6+). A full-share loss in March (5.2 – 4.2, 6+) resulted in “Real Variety” tumbling from fourth to seventh, but it jumped from seventh to first in April with a gain of nine-tenths. Albeit off by six-tenths (3.4 – 2.8, 6+), co-owned adult contemporary WKJY “Long Island’s K-98.3” remains at #12. Having sandwiched a 3.3 (6+) in May between 3.5 (6+) in April and another 3.5 (6+) in June, iHeartMedia news/talk WOR erodes by nine-tenths to 2.6 as the New York Mets flagship skids from #11 to #15. Steady at #5, Cox Media Group-owned WBAB “Long Island’s Only Classic Rock” posts a 4.5 (6+) for the third time in the last four ratings periods. In five consecutive sweeps without an increase (2.5 – 2.4 – 2.1 – 2.1 – 1.6 – 1.6, 6+) Cumulus Media’s WNSH is a combined -.9 yet “94.7 Nash FM” actually improves from #23 to #22, while CBS Radio sports talk WFAN (sixth to seventh) is down or flat for the fourth time in a row for a -.8 (4.8 – 4.8 – 4.7 – 4.4 – 4.0, 6+). In 2.0 – 2.9 range (6+) for the 32nd straight sweep, Emmis rhythmic CHR WQHT “Hot 97” picks up one-tenth (2.3 – 2.4, 6+), improving from #18 to #16. In three straight (modest) losses (4.7 – 4.5 – 4.4 – 4.3, 6+), Connoisseur Media classic hits oldies WBZO is down four-tenths but “103.1 Max FM” remains at #6.

10) Riverside – Following five straight up or flat trends which netted one full-share (3.7 – 4.4 – 4.5 – 4.5 – 4.6 – 4.7, 6+), CBS Radio’s KFRG forfeited 70% of that increase in June with a -.7; however, “New Country K-Frog” leaps back with a full-share gain in July (4.0 – 5.0, 6+) to progress from fifth to third. Posting an increase half that much (3.5 – 4.0, +.5, 6+), Liberman Broadcasting regional Mexican KRQB “Que Buena 96.1” jumps from seventh to fifth. In the runner-up slot for the seventh successive ratings period, KOLA was a combined +1.0 in April and May (5.2 – 5.6 – 6.2, 6+), but the Anaheim Broadcasting classic hits-oldies outlet repeat’s June’s -.2 (6.2 – 6.0 – 5.8, 6+). A four-tenths loss in March ended at five KOLA’s string of consecutive fluctuations by one-half share (7.1 – 6.6 – 6.1 – 5.6 – 6.1 – 5.6, 6+) for a collective -1.5; KOLA was at #2 six straight times before dropping to third in “Holiday” 2016. Prior to November, it was up or flat the previous six times for a net gain of +2.2 (4.9 – 4.9 – 5.6 – 6.5 – 6.8 – 6.9 – 7.1, 6+). On the plus side regarding Entravision Spanish adult hits KLYY – it is #1 for the 21st consecutive ratings period and leads KOLA by nine-tenths. Conversely though, “Jose” registers its sixth consecutive decrease for a net loss of nearly three full-shares (9.4 – 9.2 – 8.6 – 8.3 – 8.1 – 7.9 – 6.7, 6+) and is below a seven-share for the first time since May 2016’s 6.5. After five consecutive sweeps without a decrease which produced a +2.2 (7.2 – 7.5 – 7.5 – 8.3 – 8.7 – 9.4, 6+), “Jose” lost two-tenths in February. Going back to the “Holiday” 2016 report, Univision Radio’s similarly-formatted KRCD has been trending a very consistent 1.4 -1.2 – 1.2 – 1.3 – 1.1 – 1.2 – 1.1 (6+), but “Recuerado” falters by one-half share to .6, slipping from #13 to #14. The five most recent trends for iHeartMedia rhythmic CHR KGGI are 4.6 – 4.4 – 4.6 – 4.4 – 4.5 (third back to fourth, 6+), while Good News Radio contemporary Christian KSGN “89.7 Family Friendly” is trending 1.6 – 1.6 – 1.8 – 1.8 – 1.8 – 1.8 – 1.6 (flat at #9, 6+).

11) San Jose – Over and above recapturing 80% of the cumulative -1.5 it has lost in four straight downward sweeps (7.6 – 7.5 – 7.2 – 6.3 – 6.1, 6+), Northern California Public Broadcasting’s KQED-FM (6.1 – 7.3, +1.2, 6+) advances from third to first. Unlisted in San Jose since posting a 5.1 (6+) in the “Holiday” 2015 report, KQED-FM returned in January 2017 by recording a 6.9 (6+) to finish at #1 and had been on top through April. The +1.2 ties KQED-FM with Philadelphia’s WUSL (see above) for the largest (6+) June 2017 – July 2017 gain by any station in these particular 12 PPM-markets. Dislodged from #1 after back-to-back months there and segueing to #2 is CBS Radio all-news operation KCBS-AM (6.5 – 6.2, -.3, 6+). When KCBS-AM added three-tenths in May, it ended a string of three consecutive down or flat trends that produced a -.6 (6.7 – 6.7 – 6.3 – 6.1, 6+). Steady in its trending since March (3.6 – 3.8 – 3.6 – 3.6, 6+), Entercom classic rock KUFX “98.5 K-Fox – The South Bay’s Classic Rock” dials up a +.7 to 4.3 (6+) to advance from ninth to seventh. Improving by seven-tenths as well and entering the top ten is iHeartMedia’s KYLD “Wild 94.9 The Bay’s #1 Hit Music Station” (2.9 – 3.6, #13 to #10, 6+).  Picking up one-half share each are adult contemporary cluster-mate KISQ “98.1 Breeze” (3.9 – 4.4, unchanged at #6, 6+) and KGO (2.6, 6+), which not only ends at five its string of successive sweeps without an increase that generated a -1.2 (3.3 – 3.1 – 3.1 – 2.5 – 2.1 – 2.1, 6+), the Cumulus Media news/talk stations jumps back into San Jose’s top twenty (#21 to #15). Steady at #14, Univision Radio regional Mexican KSOL “Que Buena” picks up two-tenths to 3.0 (6+), thus applying the brakes to five straight downward or negative trends that produced a loss of one full-share (3.8 – 3.8 – 3.8 – 3.3 – 3.1 – 2.8, 6+). Declining for the third month in a row (1.6 – 1.4 – 1.1 – .4, 6+), Entercom sports talk and Oakland A’s flagship KGMZ “95.7 The Game” (#31) is a collective -1.2 since April.

12) Middlesex – Owing to a gain of six-tenths (3.4 – 4.0, 6+), CBS Radio New York City sports talk WFAN-FM “The Fan” is back in the Middlesex-Somerset-Union top ten (#13 to #9). Without a decrease for the seventh straight sweep for a net improvement of +2.4 (2.4 – 2.7 – 3.6 – 3.9 – 3.9 – 4.2 – 4.6 – 4.8, 6+), Emmis New York City rhythmic CHR WQHT “Hot 97” carries on at #5. Picking up one half share (4.5 – 5.0, 6+), Spanish Broadcasting System Spanish tropical WSKQ “La Mega 97.9” has its highest 6+-share in this New Jersey market since January’s 5.3 and progresses from sixth to third. In its fourth consecutive increase (2.1 – 2.3 – 2.5 – 3.2 – 3.5, 6+), Cumulus Media New York City hot AC WPLJ is a collective +1.4 and progresses from #14 to #12. At the same time, following three straight gains netting nine-tenths (2.6 – 2.9 – 3.3 – 3.5, 6+), CBS Radio’s similarly-programmed WNEW-FM “Fresh 102.7” relinquishes all but one-tenth of it (2.7, -.8, 6+) and drifts from #11 to #16. Despite ceding June’s +.3 (6.8 – 7.1 – 6.8, 6+), Townsquare Media news/talk WKXW is #1 for the seventh consecutive ratings period. As a result of a “Holiday” 2016 – January 2017 increase of one-full-share (6.8 – 7.8, 6+), “New Jersey 101.5” returned to #1 following one month in the runner-up slot. Prior to “Holiday” 2016, when it was -.7 (6+), WKXW spent 12 consecutive ratings periods on top. A combined +.7 in back-to-back sweeps (2.1 – 2.7 – 2.8), iHeartMedia news/talk and New York Mets flagship WOR surrenders nine-tenths to 1.9 (6+) and exits the top twenty (#17 to #21). Entering the June 2017 sweep, CBS Radio-owned WBMP was down or flat the previous nine times and -1.6 since September (4.5 – 4.3 – 4.0 – 3.9 – 3.8 – 3.7 – 3.5 – 3.5 – 3.3 – 2.9, 6+). The CHR bounced back in June by registering a +.6, but “Amp” returns all of it in July (3.5 – 2.9, -.6, 6+), dipping from #11 to #14. Sputtering by six-tenths as well is iHeartMedia-owned WAXQ “Q-104.3 New York’s Classic Rock” (second to third), which curtails at six a successive string of up or flat trends that yielded a +.9 (4.7 – 5.0 – 5.1 – 5.1 – 5.1 – 5.2 – 5.6, 6+). The nine-tenths lead that iHeartMedia New York City adult contemporary WLTW “Lite FM” (4.8 – 4.3, -.5, fourth to seventh, 6+) held over Beasley Media Group’s similarly-formatted WMGQ (3.9 – 4.2, +.3, steady at #8, 6+) is down to one-tenth.

Thursday, May 4, 2017

| May 4, 2017

iHeartMedia Posts Q1 Consolidated Revenue Dip of 2.4%.  In today’s release of 2017 first quarter financial data, iHeartMedia reports consolidated revenue was $1.32 billion – down 2.4% from the same period in 2016.  That figure includes the Americas Outdoor and International Outdoor segments, which both saw revenue decreases.  The iHeartMedia segment’s revenue was $757 million – up 2.5% from the first quarter of 2016.  The report also notes that the revenue increase was “driven primarily by increases in trade and barter, sponsorship and other revenues surrounding our live events, and digital, as well as our core radio business.  These increases were partially offset by a decrease in political advertising revenues and lower revenue from our traffic and weather business.”  Once again, the company includes language about its tenuous debt situation in a section that details its payments and coming obligations: “For the year ended December 31, 2016, we adopted a new accounting standard that requires us to evaluate on a quarterly basis whether there is substantial doubt about our ability to continue as a going concern for a period of 12 months following the date our financial statements are issued.  A substantial amount of our cash requirements are for debt service obligations.  Although we have generated operating income, we incurred net losses and had negative cash flows from operations for the years ended December 31, 2016 and 2015, as well as for the quarter ended March 31, 2017. Our current operating plan indicates we will continue to incur net losses and generate negative cash flows from operating activities given iHeartCommunications’ indebtedness and related interest expense.  During the quarter ended March 31, 2017, we spent $570.4 million of cash on payments of principal and interest on our debt, net of facility draws and proceeds received, and anticipate having approximately $1.7 billion of cash interest payment obligations for the full year 2017. At March 31, 2017, we had debt maturities totaling $316.5 million, $324.2 million and $8,369.0 million in 2017, 2018 and 2019, respectively.  Our debt maturities at March 31, 2017 include $305.0 million outstanding under our receivables based credit facility, which matures on December 24, 2017, and $112.1 million of 10% Senior Notes due January 15, 2018. Based on the significance of the forecasted future negative cash flows, including the maturities of the $305.0 million receivables based credit facility and the $112.1 million 10% Senior Notes due January 15, 2018, and the uncertainty of the outcomes of the notes exchange offers and term loan offers, management has determined that there is substantial doubt as to our ability to continue as a going concern for a period of 12 months following May 4, 2017 as a result of uncertainty around our ability to refinance or extend the maturity of our receivables based credit facility, to achieve our forecasted results and to achieve sufficient cash interest savings from the pending notes exchange offers and term loan offers.”

Radio Advertising Down 8.7% in First Quarter for Radio One; Company Name Change to Urban One Effective Tomorrow.  The radio advertising sector of Radio One, Inc’s first quarter of 2017 garnered $46.1 million – a decrease from the same period in 2016.  Net revenue for the entire company was $101.2 million – down 7.1% from Q1 in 2016.  Radio One president and CEO Alfred C. Liggins, III says, “A combination of tough political comps in radio, and non-recurring major client spending at Reach Media, made for a weak start to the year in radio advertising.  TV One ratings held up well overall (+4% Household, and flat 24-54 total day), although we were down in the younger-end demographic. Despite this, we were able to post growth in Adjusted EBITDA for the division.  Our digital business will be bolstered by the acquisition of the Bossip and Madame Noire brands, which will be immediately accretive.  MGM National Harbor continues to perform well, and we have accrued approximately $1.5 million of income in the first quarter.  We remain committed to growing our cash flow in 2017, despite the slow start to the year.  Our name change to Urban One will become effective on May 5th, and will better reflect our diversified multimedia platform.”

Saga Communications Down 4.1% in First Quarter.  Net revenue for the first quarter of 2017 for Saga Communications was $31.4 million, down 4.1% from the same period a year ago.  The company attributes that decline primarily to reduction in political revenue of $1.3 million from the same quarter in 2016.  For the quarter, station operating expense increased 1.5% to $25.1 million (station operating expense includes depreciation and amortization attributable to the stations).  Operating income decreased $1.9 million to $3.5 million. Free cash flow for the quarter was $3.2 million.

GOP Health Care Bill, Comey Hearing, Hillary Clinton Interview, Colbert’s Anti-Trump Rant, North Korea Tensions, Cop Slays Texas Teen, French Presidential Race, and MLB, NBA and NHL Action Among Top News/Talk Stories Yesterday (5/3).  The GOP’s plans to put its American Health Care Act to a vote today; the controversy over FBI Director James Comey’s testimony about notifying Congress about new emails in the Hillary Clinton investigation just days before the election; Hillary Clinton’s interview with CNN’s Christiane Amanpour; the flap over Stephen Colbert’s use of sexual language in his anti-Trump rant; North Korea’s jab at China and its threats against the U.S.; the slaying of a 15-year-old black boy by a Balch Springs, Texas cop; the French presidential race between far-right candidate Marine Le Pen and moderate Emmanuel Macron; and MLB, NBA and NHL action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

TALKERS News Notes. Former “Saturday Night Live” star and current WNYM, New York “AM 970 The Answer” morning personality Joe Piscopo announces he will not be running for Governor of New Jersey, after all.  Piscopo had been entertaining running as a Republican but now says he’ll back current Lieutenant Governor Kim Guadagno…..Anthem Broadcasting LLC, the parent of USA Radio Networks, announces a “$1.25 million investment” in the company by Florida based Innerself Marketing.  Anthem Broadcasting LLC was formed by Liftable Media Inc in 2015 to acquire the assets of USA Radio.  USA Radio CEO Floyd Brown says, “We have experienced and amazing turnaround at USA Radio since the fall of 2015.  But it is about to get better.  Innerself Marketing is the perfect partner to strengthen and build USA Radio Networks.  Innerself is a marketing dynamo, and the combination of an outstanding radio platform and an advertising powerhouse will lead to even greater success.”…..NPR sports commentator Frank Deford announces that he’s retiring from his gig on the “Morning Edition” program.  Deford was working for Sports Illustrated when he began doing commentaries for NPR back in 1980…..The real-life couple Kate Fagan and Kathryn Budig are launching a new podcast called “Free Cookies” from espnW and ESPN Audio.  Fagan writes for espnW and makes appearances on “SportsCenter.”  Budig is a best-selling author and yoga expert.  In the premiere episode, the two speak to soccer star Abby Wambach…..The “America Outdoors Radio” program that focuses on fishing, hunting and shooting sports, announces it signs up new affiliate stations  KBRV, Soda Springs, Idaho; KNYN, Evanston, Wyoming; and KELA, Centralia, Washington.  “America Outdoors Radio” is hosted and produced by John Kruse and is sponsored by Media Index Publishing…..This Saturday is the 143rd running of the Kenturcky Derby and Westwood One is presenting national radio and audio streaming coverage of the race in conjunction with NBC Sports Radio and the Horse Racing Radio NetworkMike Penna is serving as anchor.  Derby coverage is also being presented on SiriusXM.

Dave Ramsey Celebrating 25th Anniversary of Radio Show. This year, Dave Ramsey is celebrating the 25th anniversary of his nationally syndicated radio program.  He begins today by including special anniversary segments on the show.  Ramsey’s show launched in 1992 and the Ramsey Solutions company says that “no one could have predicted the show’s longevity or its continued growth.”  Dave Ramsey says, “The radio show happened by accident.  I lost everything because I was stupid and borrowed too much money.  When I discovered and applied common-sense financial principles in my own life and began teaching them, a friend invited me on a little brokered radio station to help people with their money problems.  I’m sure our delivery was horrendous, but we offered truth, instruction and hope.  We’ve refined that over the years, because that’s what people need.”

 

 

Music Radio News and Career Moves. Detroit morning show Dave & Chuck – Dave Hunter and Chuck “The Freak” Urquhart with co-host Lisa Way – are re-upped for four years by Beasley Media Group to continue hosting their program on rock WRIF.   The show launched at WRIF in 2013 and has since added co-host Andy Green, producer James Campbell and video editor Jason Watson. Beasley Detroit market manager Mac Edwards says, “Of course, we extended their contracts!  Dave and Chuck have crushed the competition and dominated Detroit’s morning radio for men and women, ranking #1 in every key demo including 18 to 34, 18 to 49 and 25 to 54!  We value their amazing talent and are fortunate to work with them.”…..Hubbard Radio’s classic rock WDRV, Chicago “The Drive” announces it has hired Chicago media pro Jill Egan to serve as producer for the “Sherman & Tingle” morning show, featuring Brian Sherman and Steve Tingle.  Egan says, “Producing a radio show is the most challenging, but also the most rewarding, position I’ve held in my broadcast career.  Sherman and Tingle are both extraordinarily talented, hilarious, hard-working, and genuine guys.  I share the same drive to succeed as they do.”…..Chicago media maven Robert Feder reports that Kathy Hart – one half of the WTMX morning show team with Eric Ferguson – has been off the show since April 27 with little explanation from management.  Feder writes that Hubbard Radio Chicago VP and market manager Jeff England is simply saying, “Kathy is taking some time off.”  Co-host Ferguson is apparently also in the dark as to what’s going on.  Read Feder’s column here.

CBS RADIO Creates MusicTown Venue in Detroit. A new multi-use space called MusicTown is being constructed by CBS RADIO Detroit, in association with Olympia Entertainment.  It’s designed to “host and celebrate music, culture and entertainment in the city of Detroit.”  It will be located inside Hockeytown Café, within the 50-block, mixed-use sports and entertainment development known as The District Detroit.  MusicTown will consist of a new broadcast studio, recording studio and performance space.  CBS says it will “support artists, educate children of all ages and celebrate the Detroit community and its visitors through lifestyle, collaboration and entertainment.”  CBS RADIO Detroit SVP and market manager Debbie Kenyon says, “We are strongly committed to continuing Detroit’s tradition as a great ‘Music City.’  By identifying new talent and sharing the many music stories that Detroit has inspired, this initiative will help celebrate a once-booming industry in our great city, stimulating significant economic growth in the region along the way.”

Tuesday, October 18, 2016

| October 18, 2016

Entercom to Acquire Four Charlotte Signals from Beasley for $24 Million.  In order to stay under the FCC ownership cap in the Charlotte market, Beasley Broadcast Group has to sell some of its holdings that would wbtwlnk-duo-logoput if over the cap after the previously announced Greater Media acquisition deal closes.  Now, Beasley announces that Entercom will acquire news/talk WBT-AM/FM, hot ACwfnz WLNK-FM (all three currently owned by Greater Media) plus sports talk WFNZ-AM and its accompanying FM translator.  The company says that Entercom will begin operating WBT-AM/FM and WLNK-FM upon the closing of the Greater Media deal, pursuant to a time brokerage agreement.  Back on July 19, Beasley and Greater Media entered into a definitive merger agreement whereby Beasley will acquire all of the outstanding stock of Greater Media for an aggregate consideration of approximately $240 million, subject to adjustments.

Westwood One to Syndicate WMAL, Washington-Based Chris Plante Show.  Over the years, the WMAL-AM/FM, Washington-based Chris Plante show has aired on other Cumulus Media news/talk stations – it still is heard on the company’s KARN-FM, Little Rock.  Now, the company is getting serious about going beyond DC with the show and Westwood One begins syndication efforts for the 9:00 am to 12:00 noon ET program beginningplantechris January 2, 2017.  About the conservative talk personality, WW1 says, “A third-generation media pro, Plante began his radio career at WMAL in 2005 after 17 years inside the Washington bureau at CNN, where he moved up the ranks from researcher and assignment editor to Pentagon correspondent.  During his tenure at CNN, he crisscrossed the globe, covering events from Vietnam and Albania to Jakarta.  He was the director of the U.S. westwood-one-newtelevision network pool operations in Saudi Arabia for three months following Saddam Hussein’s 1990 invasion of Kuwait.  Plante won the Edward R. Murrow Award from the RTDNA for his live coverage of the terrorist attack on the pentagon on September 11, 2001.  He was the first to report that the Pentagon had been attacked. He was also recognized by the Television Academy for his September 11 reporting.  He makes regular appearances on the Fox News Channel and the Fox Business Network.”  Westwood One president Suzanne Grimes states, “Chris Plante takes the news of the day and breaks it down in his signature direct, funny, and fearless style.  He engages a legion of devoted fans who tune in every day whether they agree with him or not.  He’s a captivating storyteller who makes great radio.  It’s the kind of programming we are proud to add to our best-in-class talk lineup.”

WABC, New York and Westwood One Renew Don Imus.  When January 2, 2017 rolls around, the only difference in morning drive at Cumulus Media’s WABC, New York and its Westwood One radio network will be imusdona 9:00 am ET signoff time for New York radio legend Don Imus (right now it’s 10:00 am).  Cumulus announces it has re-signed Imus and his crew to a new multi-year deal for the show to air on 77 WABC Radio from 6:00 am to 9:00 am.  It’s been nine years since WABC inked Imus to a morning radio deal after CBS RADIO dropped him from crosstown WFAN in the wake of the “nappy-headed hos” scandal.  Cumulus SVP, content andwabc-logo programming Mike McVay states, “Don Imus is not a media icon.  He is much more than that.  He is an American Icon.  Mr. Imus brings his ‘A’ game every day. And if you miss one day, you miss a lot.  We are thrilled to have Don continue with Westwood One, Cumulus and WABC.”  The cast of executive producer Bernie McGuirk, comedians Rob Bartlett and Tony Powell, producer Lou Rufino, sportscaster Warner Wolf, and news anchor Connell McShane will also remain with the show.  The program is currently followed by “The Bernie & Sid Show” with McGuirk and Sid Rosenberg.  Whether WABC expands that program to 9:00 am to 12:00 noon remains to be seen.

WPRO-AM, Providence’s John DePetro Hosts Red Sox Great Curt Schilling; Former Pitcher Intends to Challenge Massachusetts Senator Elizabeth Warren.  During a long interview on the John DePetro program on Cumulus Media’s WPRO-AM, Providence, former Boston Red Sox pitcher Curt Schilling (whoschillingcurt currently hosts a weekend syndicated talk show distributed by the Howie Carr Radio Network) spoke deptrojohnat length about the failed video game company 38 Studios that received a large Rhode Island state loan to locate in Providence.  The company went belly-up and the issue has been a sore spot for a number of politicians in the state, not to mention segments of the public.  During the interview, Schilling also told DePetro that he’s decided – pending approval from his wife Shonda – that he will challenge Senator Elizabeth Warren (D-MA) for her U.S. Senate seat.  Shonda Schilling later called in to the station to say she has not decided if she’s willing to give approval.  WPRI-TV, Providence reports that a recent WBZ/UMass poll put Warren at 47% and Schilling at 28%.

Entercom to Refinance Debt.  The Bala Cynwyd, Pennsylvania-based broadcaster announces it is meeting with Bank of America Merrill Lynch, Morgan Stanley Senior Funding, Inc., RBC Capital Markets, LLC and entercomWells Fargo Securities, LLC today to discuss a refinancing of its senior and senior unsecured debt.  In a press statement, Entercom Communications says it expects to enter into a $520 million senior secured credit facility that will include a $60 million revolving credit facility with a five-year maturity, plus a $460 million term loan with a seven-year maturity.  Entercom will use the term loan to refinance $225 million in existing senior secured bank debt, plus it will buy back $220 million in 10.5% senior subordinated notes.

harrisonupclosefaroutsmallCBS News Icon Charles Osgood Is the Subject of this Week’s Harrison Podcast.  Legendary CBS News radio and television giant Charles Osgood is the guest on this week’s installment of the award-winning PodcastOne hit series, “Up Close and Far Out with Michael Harrison,” posted today (10/18).  Osgood has been hosting (and continues to host) the four-osgoodcharlestimes-per-weekday morning feature “The Osgood Files” via Westwood One on radio stations across the nation since 1971.  He also retired several weeks ago from a 24-year stint as the anchor of television’s CBS News “Sunday Morning” program. Harrison and Osgood talk about changes in media and journalism over the years culminating with a provocative analysis of the current presidential election. To listen to the podcast in its entirety 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.

The Presidential Race, Trump’s Media Conspiracy, Hillary Clinton Emails Scandal, Battle Against ISIS in Mosul, Police Chiefs Group Apology, MLB Playoffs, and NFL Action Among Top News/Talk Stories Yesterday (10/17).  The race for the presidency; Donald Trump’s statements that the election is in jeopardy of being stolen by the media conspiracy against him; allegations that State Department Under-Secretary Michael Kennedy engaged in a quid-pro-quo with the FBI to have some of Hillary Clinton’s emails declassified during the investigation of her use of a private email server for State Department business; the ongoing battle against Islamic State in Iraq and the fight to retake Mosul; International Association of Chiefs of Police president Terrence Cunningham apologizes for generations of mistrust between police officers and minority communities; the Major League Baseball playoffs; and the weekend’s NFL action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

giordanodomElection 2016: TALKERS Magazine in the Trenches – WPHT, Philadelphia’s Dom Giordano Interviews Michael Harrison About the State of Talk Radio During Current Cycle.  WPHT, Philadelphia midday host Dom Giordano engages in an in-depth conversation with TALKERS publisher Michael Harrison about the disruptive effect Election 2016 has been having upon conservative talk radio during the current presidential election cycle.  The two talk about how the concept of targeting audiences and preaching to the choir – a modern day strategy of political talk broadcasting – has hit speedbumps on the right with the emergence of Donald Trump and even to a degree on the left with revelations about Bernie Sanders’ candidacy. Harrison says, “We have gone from playing checkers to three dimensional chess.”  To hear the conversation in its entirety, please click here.

Odds & Sods.  Progressive talk media personality Nicole Sandler returns to work after taking time off to treat her cancer.  She says, “It’s been a long couple of months during which my world changed completely.  I had no idea howsandlernicole long my detour to deal with cancer would last, but I’m ready to head back into the land of electoral insanity with just three weeks to go before election day.  If a life-threatening illness had to sideline me for a few months, it surely picked the right time.  And if I wasn’t already sick, covering this year’s presidential madness would have certainly made me ill.  But as we approach the finish line, I have to admit that I’ve been getting a bit antsy in recent days.  Talking back to the TV just wasn’t helping.”  She starts streaming her show – starting one hour from 3:00 pm to 4:00 pm ET – at nicolesandler.com and Progressive millerstephanieVoices Network…..Stephanie Miller’s final “Sexy Liberal Comedy Tour” date for this year takes place in Los Angeles at the Saban Theater on November 5.  It will be broadcast in movie theaters across the country via Fathom Events on November 7.  Also, Miller’s book, Sexy Liberal! Of Me I Sing, wins the 2016 Wild Card Book Award in the Northern California Book Festival…..Following yesterday’s news about Galaxy Communications’ acquisition of Berkshires Media Group, it’s worth noting that Galaxy has applied to the FCC to move the FM translator it recently bought in South Burlington, Vermont to the Western Massachusetts region to serve as the translator for news/talk WBEC-AM, Pittsfield at 93.9 FM…..DGital Media issues a presser listing some of its recent content partnerships – including relationships with Tony Kornheiser, Peter King, Fortune, Sports Illustrated, IMG, The MMQB, and more.  Chief content officer Chris Corcoran says, “We are extremely proud to add so many wonderful partnerships to our business.  The power of on-demand audio only continues to grow.  We are well poised for what lies ahead, bringing together our new and existing partners with a rapidly growing audience of millions of fans who tune in on a daily basis.”

Monday, September 26, 2016

| September 26, 2016

Kim Guthrie Named to Replace Retiring Bill Hoffman as President of Cox Media Group.  After 38 years with Cox, Bill Hoffman is retiring from his Cox Media Group president post at the end of the year.  Taking over inguthriekim January will be current executive vice president of national ad platforms and president of Cox Reps, Kim GuthrieCox Enterprises president and CEO John Dyer says, “Kim has been with Cox for nearly 20 years and is an inspirational leader who has helped our media properties transform.  She played a key role in the successful creation of Cox Media Group in 2008 and has been recognized as one of the media industry’s most influential leaders.  She is a natural fit to ensure Cox Media Group continues to deliver innovative products and compelling news content.”

cbsradioReport: CBS RADIO to Take on $1.5 Billion in Debt.  This report from Reuters, says that sources are telling it that CBS RADIO is preparing to take on as much as $1.5 billion in debt ahead of its initial public offering that’s expected to take place but still has no firm time frame.  According the report, the bulk of the proceeds would be paid back to parent CBS Corp. with the rest to be used by CBS RADIO for “general corporate purposes.”  In its report, Reuters notes that “a radio company IPO may be a tough sale as new digital competitors have emerged and depressed advertising sales for the medium for years.”  Read the Reuters story here.

Lew Dickey Pens Book on Changing Media Landscape.  The book is published by Tourbillion International – a subsidiary of the Dickey family-owned Modern Luxury Media – and is titled, The New Modern Media – Remaking Media for a Mobile Culture.  We now know what Lew Dickey has been doing since he was ousted from the Cumulus CEO role last year.  The book is described as “an indispensable guide to the profound dickeylewbook16and disruptive changes rocking the media industry.  It examines the implications of a new, mobile culture and challenges the widely held belief that most media companies’ true source of profits is their content.  It makes the case for the importance of distribution as a key driver of firm value in the legacy mediadickeylew business model, be it a newspaper, magazine, record label, television network, local broadcast television or radio station.”  In the book Dickey makes the case for why traditional “radio broadcasters will be unlikely to benefit from subscription revenue for their core service, leaving them highly exposed to the ad markets.”  iHeartMedia chairman and CEO Bob Pittman is quoted reviewing the book, “I’ve spent my entire professional life in the media business, and today technology is enabling media to evolve at an ever-faster pace to meet consumers’ changing needs. Lew’s book is a timely resource for anyone working or investing in the media industry – shedding an important light on some of the critical challenges and opportunities inherent in today’s vibrant and complex media landscape.”  Pittman’s iHeartRadio just announced a two-tier subscription service last week – clearly another step in the grand plan to transform iHeartMedia from a legacy radio company to a competitor in the digital entertainment industry.  But getting back to Lew’s book, it’s a safe bet this will be the talk of the radio business this week.

Mike Gallagher Broadcasts from Hofstra University.  In advance of tonight’s first presidential debate between Hillary Clinton and Donald Trump, Salem Radio Networks syndicated personality Mikegallaghermike Gallagher broadcast his program from Hofstra University on Long Island, the site of tonight’s debate.  Gallagher’s guests included pollster Pat Caddell, Republican National Committee communications director Sean Spicer, Trump campaign co-chair Sam Clovis, and, via telephone, vice presidential candidate Mike Pence.  Gallagher says, “I’ve bird-dogged these candidates through the primaries and caucuses and both national conventions.  So, it is a thrill to bring my audience into the final hours of preparation for this historic debate which is expected to draw 100 million or more via radio and TV.”

ktzriHeartMedia Launches New Tucson Talk Station.  This will be a sister talk station to iHeartMedia’s existing news/talk KNST and consists primarily of syndicated fare.  KTZR flipped from Spanish music to talk this morning (9/26) as “The Talk of Tucson.”  The programming lineup is: Premiere’s Glenn Beck in morning drive, followed by USA Radio’s “Trending Today USA with Rusty Humphries,” Westwood One’s “The Savage Nation,” KTRH, Houston-based, syndicated personality Michael Berry, local personality Rob Hunter, Premiere’s “AMERICA Now with Meghan McCain,” “Ground Zero,” “AMERICA Now Rewind,” and GCN’s Alex Jones.

henryalanbook16Alan Henry Memoir Published.  One of the progenitors of modern day talk radio and the all-news formats has written his memoir.  Alan Henry’s new book is titled, A Man And His Medium: An Indelible Signature on Radio Television Cable.  It was a young Alan Henry – charged with turning around Metromedia’s poorly rated KLAC, Los Angeles – who hired raconteur Joe Pyne to host the evening program.  Pyne had just been fired by crosstown KABC.  Henry and programmer Jim Lightfoot gave Pyne control over his show content and the program took off, eventually being syndicated to more than 250 radio stations.  Henry’s influence continued when, after leaving KLAC, he joined Westinghouse in New York and proposed a new all-news format for WINS.  He was named sales manager of the station and, although it took a while to bring advertisers around, history reveals its eventual success.

The Presidential Race/First Debate, Police Shootings of Blacks, Syrian Civil War/U.S.-Russian Military Tensions, George Bush-Michelle Obama Photo, Growing National Anthem Protests, MLB Playoff Push and NFL Action Among Top News/Talk Stories Over the Weekend.  The activities of presidential candidates Donald Trump and Hillary Clinton and the buildup to this evening’s debate; the aftermath of the recent Tulsa and Charlotte shooting deaths of black men by police; the Syrian civil war and Russia’s role in the bombing of Aleppo and air convoys; Saturday’s dedication of the African American History Museum in Washington and chatter about the widely published photo of Michelle Obama hugging George W. Bush; National Anthem protests spread to the college football ranks; the playoff push in Major League Baseball, and Sunday’s NFL action were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.

Odds & Sods.  There are changes in the air talent lineup at ESPN-owned/Cumulus operated KESN-FM, Dallas.  Matt Mosley leaves the station and his afternoon drive partner Tim Cowlishaw.  Midday personality Mark Friedman also exits the station where he co-hosted with Steve Dennis.  There are rumors in the market that Dennis will join Cowlishaw in afternoons and Jean-Jacques Taylor and Will Chambers will take over the midday show…..Radiohio-owned sports talker WBNS, Columbus “Sports Radio 97.1 The Fan” extends its relationship with the NHL’s Columbus Blue Jackets for another three seasons.  WBNS’ partner – Southeastern Ohio Broadcasting System’s alternative WWCD “CD102.5” – will serve as the secondary signals for the team’s games…..GatesAir announces three important wins in Vietnam that signify the over-the-air TV and radio transformation taking shape across the Asia-Pacific region.  Vietnam Television recently placed two orders for transmitter network expansions.   On the radio side, Vietnam is investing in existing FM infrastructure with improvement and expansion projects.  Voice of Vietnam, the national radio broadcaster, recently ordered five Flexiva air-cooled solid-state transmitters — two 5kW and three 10kW models — for VOV4, which serves as the broadcaster’s Ethnic Languages Channel.

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The Yappy Tour Rolls On.  Prolific radio talk show producer turned author Bernadette Duncan recently brought her “Yappy Tour” to the television viewers of Western Massachusetts by appearing as a guest on the WGGB-TV (ABC-40) “Western Mass News” to discuss her buzz-worthy book, Yappy Days; Behind the Scenes with Newsers, Schmoozers, Boozers and Losers (AuthorHouse/Talkers Books, 2016).  The book recounts Duncan’s 26-year career as a producer of radio talk shows working with such big-name talents as Larry KingSally Jessy RaphaelLou DobbsTom SnyderGil GrossCharles Osgood and many more during modern talk radio’s pre- and post-9/11 “golden era.”  Plus, she tells stories about behind-the-scenes encounters with hundreds of guests from the worlds of show business, politics, media, business and literature. Above, Duncan (left) is pictured with newsman/show host Chris Pisano (right) on Channel 40’s “Western Mass News” midday talk show.  Duncan’s national “Yappy Tour” will roll on through the remainder of the year.  She has already appeared on more than 25 local and syndicated programs.  Hosts and shows interested in booking Bernadette Duncan can do so by calling Barbara Kurland at 413-565-5413.

Tuesday, April 5, 2016

| April 5, 2016

iheartmedia logo smalliHeartMedia and Creditors Still at Odds Over Asset Shift.  According to a report from Bloomberg, iHeartMedia and a number of its creditors have broken off talks to try to resolve the rancor over iHeartMedia’s shift of 100 million shares of Clear Channel Outdoor to a new subsidiary called Broader Media.  Creditors including D. E. Shaw, Canyon Capital, Franklin Advisers and Franklin Mutual sued iHeartMedia over the move claiming that it violates the debt covenants.  iHeartMedia argues that’s not the case and the move is designed to allow the company to deal more effectively with its $20 billion in debt.  iHeartMedia told a Texas judge that if the creditors’ bond defaults are allowed to proceed, it would cause as much as $15 billion of the company’s debt to come due quickly and that would force the company into bankruptcy protection.  The creditors argue that is not what they are trying to accomplish.  iHeartMedia SVP and treasurer Brian Coleman says the company’s maneuvers are part of its Project Indigo, a long-term strategy designed to allow it to study ways to deal with its debt.

The Panama Papers, The Presidential Race/Wisconsin Primary, Iran Arms Shipment Case, North Korean Nuke Threats, Tennessee Bible Bill, and NCAA Championship Among Top News/Talk Stories Yesterday (4/4).  The so-called “Panama Papers” that reportedly link numerous world leaders to schemes to hide wealth in off-shore accounts; the activities of the candidates for president and today’s Wisconsin primary; the capture of illegal arms being shipped by Iran; the threats of nuclear attacks by North Korea; the controversial Tennessee bill that makes the Bible the official state book; and Monday evening’s NCAA Men’s Basketball championship were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

zaneericEric Zane Lands at Sports WBBL, Grand Rapids.  After exiting the nationally syndicated “Free Beer and Hot Wings” show based at Townsquare Media’s rock WGRD, Grand Rapids, Eric Zane has landed the morning show gig at Cumulus Media’s crosstown sports talk WBBL, effective April 7.  Zane officially left the show in mid-February after being absent from the program without explanation.  It appears Zane’s departure was the result of a contract dispute.  Now, he’ll compete in the Grand Rapids market directly with his former co-hosts Gregg “Free Beer” Daniels and Chris “Hot Wings” Michels.  The “Free Beer and Hot Wings” show is syndicated nationally by Compass Media Networks.

altitude sportsLineup at ‘Altitude Sports’ in Denver to Launch on Friday.  The newest sports talk radio station in the Denver market will officially launch on Friday, April 8 – the home opener day for the Colorado Rockies.  Much of the news about Stan Kroenke-owned KRWZ, Denver (recently purchased from Entercom) is not really news as it’s been rumored and reported in the Denver media for some time.  Here’s the lineup: Josh Dover hosts “The Morning Lineup” from 6:00 am to 7:00 am; the morning show will feature Tom Helmer, Lauren Gardner (an Altitude TV reporter), and former Denver Nuggets star Scott Hastings.  Middays will be hosted by Vic Lombardi and Kyle Keefe.  The station will also carry play-by-play of the NBA’s Nuggets, the NHL’s Avalanche; the MLS’ Colorado Rapids; and the National Lacrosse League’s Colorado Mammoth.

Odds & Sods.  There’s been a morning show and midday program re-build at CBS RADIO’s KHTK, Sacramento.  Carmichael Dave is now joined by Kayte Christensen and former midday host Nate Goodyear.  In middays, Jason Ross is partnered up with newcomers Ken Rudolph and Damien BarlingJay Johnson joins the station as executive producer…..Long Nine Inc.-owned news/talk WMAY, Springfield, Illinois adds an FM translator to its broadcast with the addition of W234CC, Sherman, Illinois at 94.7 FM.

granttoniDr. Toni Grant Dead at 72.  The cause of death is unknown at this time, but the Los Angeles Times is reporting that former radio talk show host and psychologist Dr. Toni Grant died in Beverly Hills on March 27.  Grant’s radio career was launched on KABC, Los Angeles in 1975 in the overnight daypart.  Her show eventually moved across town to KFI.  It went into syndication and at its height was heard on some 180 affiliates.  She was off the air from 1990 to 1997 when she re-entered the business.  She last worked on air at KABC in 2001.  Read the Times’ obit here.

kfivCool Job Opportunity.  “PowerTalk 1360 and 1280” is searching for a local talk show host for afternoon drive in California’s Central Valley.  Applicants must have spoken-word experience. General necessities include a passionate, opinionated, outspoken, larger-than-life personality with decidedly conservative values, obsession for news, politics, pop culture, and sports.  The ideal candidate will bring an intuitive understanding of the unique values, morals and issues of the California Central Valley and be in sync with those values and perspectives.  You must have the ability to speak to the audience as one of them; put a voice to their thoughts and beliefs…much more important than professional polish or experience.  In a perfect world you have spent time working in the Central Valley but you don’t have to presently live in the Modesto/Stockton area.  You will fully embrace the role of a LOCAL personality: specifically address and engage the LOCAL community issues, organizations, and interests, capitalize on endorsement opportunities, serve as station ambassador, be visible at all community functions, spearhead station and cluster community outreach. You must understand and dedicate your performance to the bottom line: your goals are ratings and unique visitors.  See required skills and submit resume and demo here.

Tuesday, September 23, 2014

| September 23, 2014

mcmahonbillBill McMahon: Perhaps We Should Focus on What We are Good at and That Which the Public Still Wants and Needs.  In a new opinion piece posted in TALKERS today (9/23) by veteran radio consultant and talent coach Bill McMahon, the following questions are presented to radio broadcasters:  What business are you in?  Does your business have a future?  He says, “These seem like fundamental questions radio broadcasters should be asking themselves right now.”  In it McMahon adds his voice to the chorus of industry opinions supporting the preservation of audio-only media as one of — if not the — major products of “radio” in the emerging unified multi-media platform marketplace.  McMahon sarcastically says, “This vision for the future seems perfect for radio broadcasters who create precious little content of any kind. It makes total sense to go compete with everyone in the entertainment business.  Sure, why not? Go take on Disney and Live Nation.  You have all kinds of talent and experience creating video entertainment.  You’ll be great at creating and promoting massive concert events.  This is the kind of stuff your current customers have come to expect from you.  You have lots of resources ready to commit to these enterprises.  They’ll no doubt drive lots of additional listening to your AM and FM radio stations.  Like Nike says, you should ‘just do it!’”  He concludes on a serious note, “Yikes!  Let’s get real!  What’s wrong with the business you’re in right now?  What’s wrong with the audio entertainment business?  Doesn’t it have a future?  Audio entertainment is unique and powerful.  It involves the consumer in creating the experience it provides.  Sound generates pictures and emotions in minds and hearts.  The effect is deeper and more memorable than anything on a screen.  When you hear someone laughing or crying you don’t need to see them to fully experience their joy or sorrow.  Music can change your mood instantly.  The sound and the lyrics create a vibe.  Music is mind altering, heart penetrating, and memory making. Audio entertainment can be consumed while you’re doing other things like walking, running, driving, or making love.  Audio entertainment will never go out of style.  Americans spend more than four hours per day with audio entertainment according to the “Share of the Ear” study from Edison Research.  Audio entertainment has an enduring future as long as great audio entertainment is created.  Radio broadcasters are in the audio entertainment business.  Why not stay there?  Why not focus your limited resources on creating extraordinary audio entertainment? Why not be really good – even exceptional – at something, rather than average or mediocre at everything.  Your current consumers are predisposed to using and appreciating audio entertainment.  Why not concentrate on creating new audio entertainment content that surprises, amazes, and delights them.  Hire gifted artists who love creating content for the theater of the mind.  Create content in all shapes and sizes and distribute it on the platform that fits it best. That’s a future that makes sense for radio broadcasters.  To read Bill McMahon’s entire piece, please click here.

bloomberglogoiHeartMedia Goes Business Talk with Bloomberg on KNEW, San Francisco.  With the move of Premiere Networks talk shows Rush Limbaugh, Sean Hannity and Glenn Beck to Cumulus Media’s crosstown KSFO on Monday, September 29, the fate of the shows’ soon-to-be former affiliate station – KNEW, San Francisco – is now known.  The station will begin carrying Bloomberg Radio programming on Monday.  The station will also be simulcast on KOSF-FM’s HD2 channel.  Bloomberg Radio’s Al Mayers comments, “As part of Bloomberg’s new consumer media strategy, we’re excited about expanding Bloomberg Radio into the San Francisco Bay Area, a vital market for those who create, move global business and shape conversations about the innovations of tomorrow.”  iHeartMedia San Francisco market president Kathryn Wilcox adds, “Teaming up with Bloomberg was a natural fit.  It provides high-quality content and aligns nicely with the local business talk on KKSF 910.”

iheartmedia logoiHeartMedia Takes on More Debt.  The company formerly known as Clear Channel CommunicationsiHeartCommunications (and its radio-centric subsidiary iHeartMedia) – announces it is selling $250 million of 9.0% Priority Guarantee Notes (PGNs) that will come due in 2022.  Rating agency Fitch Ratings reports that the “notes are being issued as part of the same series as the $750 million of PGNs due 2022 that were issued on September 10, 2014, and rated ‘CCC/RR4’.  Proceeds from the offering are expected to be used to prepay $245.9 million in Term Loan B due 2016 and $4.1 million in Term Loan C due 2016 and to pay fees and expenses related to the offering.”  The iHeartCommunications debt stands at approximately $21.1 billion according to Fitch but the rating company reports it believes that the company has “adequate liquidity (including cash on hand, monetization of repurchased and outstanding notes, and asset sales) to meet its debt service obligations,” although it does foresee free cash flow to be negative over the next few years.

lionelLionel to Make Return Appearance at The Cutting Room in New York City.  Multimedia talker Lionel of LionelMedia.com has again been booked to play an evening of what he calls “Outspoken Word” sprinkled with bluegrass music at New York City’s famous nightclub, The Cutting Room.  The iconoclastic radio performer presents his difficult-to-categorize brand of stand-up commentary/observations along with several musical numbers by his Americana roots trio, Lock-n-Load in a program described by TALKERS publisher Michael Harrison as “fascinatingly original and intelligently eclectic to the core.”  The booking is set for Saturday, October 11 at 7:30 pm at the mega-hip showcase venue located at 44 East 32nd Street in the Big Apple.  Tickets are on sale, $30 in advance, $35 day of show, with a $20 food/drink minimum.  To reserve tickets, call 212-691-1900.  To view a video of Lionel discussing the forthcoming performance, please click here.

salemNYChostsyachtCelebrating Success.  Getting together to celebrate a year of success at Salem Communications’ New York properties news/talk WNYM “AM 970 The Answer” and Christian talk WMCA (and to celebrate the latter’s anniversary as a Christian talk station) are four talk hosts heard on the stations (from left to right): talk personality and XtreMedia CEO Kevin McCullough; Salem Radio Network host Mike Gallagher; GCN-syndicated host Dr. Joy Browne; and WNYM morning personality Joe Piscopo.  McCullough comments, “While the style and content of the shows couldn’t be more different nor come from more diverse perspectives, the camaraderie instilled by GM Jerry Crowley and VP Phil Boyce could not be more clear!  Fun people, doing fun radio, and having fun doing it!”

hughespatOdds & Sods.  Houston sports talk personality Barry Warner joins Yahoo! Sports Radio where he’ll serve as a national contributor and host of the “Barry Warner Classic Minute” daily feature heard on KGOW and KFNC-FM in Houston…..WGN, Chicago announces the WGN Radio Walk of Fame Induction Ceremony honoring Chicago Cubs broadcaster Pat Hughes to take place on Wednesday, September 24 from 3:30 pm – 4:00 pm.  The ceremony will include a live broadcast interview with Hughes conducted by host Dave Eanet…..Internet talk radio platform LA Talk Radio announces it is adding live streaming video to its content options.  Founder Sam Hasson says LA Talk Radio “has waited until it could define how to deliver a polished radio broadcast that also appeals to the audience visually, with professional studios and eye-popping graphics.  The results are great-looking as they are streamed smoothly in high-definition to any computer or mobile device.”  The video function debuts October 1.

White House Intruder Case, Hillary Clinton 2016 Prospects, Mid-Term Elections/Congressional Majority, NFL Domestic Violence Troubles, U.S. ISIS Policy, Iran Nukes Talks, Ebola Pandemic Threat, and Lois Lerner Politico Story Among Top News/Talk Stories Yesterday (9/22).  The man with a criminal past who hopped the White House fence and entered the building before being stopped; the prospects for a presidential bid by Hillary Clinton in 2016; the looming mid-term elections and discussion about the potential for majority changes in Congress; the NFL’s domestic violence issues; the U.S.-led coalition against ISIS, Secretary of State John Kerry’s nuclear talks with Iran; the threat of an Ebola virus pandemic; and the Lois Lerner Politico interview addressing the IRS scandal were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.

Monday, June 3, 2013

| June 3, 2013

missouribroadcastersFCC Commissioner Ajit Pai Addresses Missouri Broadcasters Association on AM Revitalization.  FCC commissioner Ajit Pai wasn’t physically at the Missouri Broadcasters Association convention over the weekend but he delivered an opening statement before a panel discussion about revitalization of the AM band.  Referencing the recent tornados in Oklahoma and the tornado that devastated Joplin, Missouri two years ago, Pai pointed to Zimmer Radio’s KZRG, Joplin as an AM outlet that kept Joplin residents informed when most other paiajitforms over communications – cell phones and the internet – were knocked out by the power loss to the region.  Pai stated, “In the wake of the Joplin tornado, when mobile phone service and the Internet were all but wiped out, broadcasters led by KZRG-AM 1310 provided around-the-clock, uninterrupted coverage for nine consecutive days. KZRG told residents how to get disaster relief and connected people in need with people who could help. The residents of Moore, Oklahoma have a long road ahead of them, but if they need inspiration for how to rally and recover, they can look to Joplin as a model.”  As for the future of AM, Pai said, “But AM radio plays an important role in towns throughout the United States every single day. AM stations cover local politics and host debates about local issues.  They cover community events, such as high school sports.  And they reach out to all parts of society, with programming targeted at minorities, people who speak foreign languages, and the elderly.”  Pai reiterated his move to address the AM band in Washington, DC, “I proposed last year that the FCC launch an AM Radio Revitalization Initiative.  The last time the FCC comprehensively reviewed its AM radio rules was over two decades ago.  I think it’s time we do so again.  Since I made this proposal, I’ve been amazed by the outpouring of support from broadcasters across the country.  They’ve shared many ideas with me for improving the AM band, and I know that you’ll be discussing some of them today. Such as: How can the FCC make it easier for AM broadcasters to obtain an FM translator?  Should we eliminate the AM ratchet rule?  Should we replace the current minimum efficiency standard with a minimum radiation standard?  Should we modify community of coverage standards?  And what about the long-term future of the band?  Should our goal be to transition stations to all-digital? Or are there other options we need to think about? These are just a few of the questions that I hope you’ll address during today’s panel.”

raytomTom Ray’s Professional Opinion:  Do NOT Air the FEMA/Ad Council PSA!  You may have seen TALKERS technical editor and noted engineering consultant Tom Ray‘s warning in this past Friday’s edition of TALKERS  (5/31) regarding a PSA that was released by the Ad Council, under the auspices of FEMA, extolling the virtues of the emergency alerts the public can now receive on their cell phones.  A great idea.  Worthy of getting the word out.  Even if the PSA promotes a service available on cell phones.  Only one problem.  The PSAs (there are several, and they are also available for television) use the EAS two-tone alert tone as part of the message.  Why is this a problem?  According to Ray who writes in a scathing column posted today (6/3), “Well, FCC regulation 11.45 states that the EAS codes and the EAS two-tone alert cannot be used for any purpose unless directly associated with an actual EAS message or an EAS test.”  Ray continues, “I believe the FCC fine for using the tone outside an EAS message starts around $10,000.  I, along with numerous other persons around the country, sent out the alert NOT to air this PSA.  I even sent notes to the SBE and the NAB.  Around 4:00 pm on Friday, May 31, a notice was released by the FCC granting FEMA a waiver for one year to utilize the EAS two tone alert in their PSA’s.  It is apparently OK to air this PSA.  I’m wondering how you prove it is the one produced by FEMA and is legal.  I then received an email from someone at FEMA that stated, ‘See, we aren’t off our rockers.  This notice was supposed to come out before the release of the PSA.’  Three letters came to mind.  W.  T.  F.”  To read Tom Ray’s entire column, click here.

seltzerbrentBrent Seltzer and Meg McDonald Named “Official Greeters” of Talkers New York 2013. TALKERS magazine is pleased to announce that the Los Angeles-based husband and wife team of Brent Seltzer and Meg McDonald have beenmcdonaldmeg named to serve as the “Official Greeters” of the forthcoming Talkers New York 2013 set this week for Thursday, June 6 in the Big Apple.  In the words of TALKERS publisher Michael Harrison, “Brent and Meg are one of the most colorful and dynamic couples in the radio business today and the contributions they made to the past two California installments of the TALKERS conference in 2012 and 2011 proved to be invaluable.  We are absolutely delighted that they will be joining us in New York City Thursday for the big annual event and serving in this key role.”  Brent Seltzer is a legendary radio journalist/talent whose roots go back to the golden era of album rock radio when he established himself as one of the nation’s most successful and creative “rock ‘n’ roll radio newsmen.”  He was heard on such storied stations as KMET, KNX, KZLA and KMPC, Los Angeles and KGB, San Diego among others.  A ubiquitous figure in the voice-over field since then, Brent is the main voice and writer of the widely heralded, short-form feature “Brent Seltzer: Still at Large” heard on XM Satellite Radio, Podjockey, and WSRO, Santa Rosa.  Meg McDonald APR, who serves as co-writer and co-performer on “Still at Large,” is the multi-award winning president and founder of McDonald Media Services, one of the premiere public relations firms on the West Coast for the past three-plus decades.  The beautiful and gorgeous-voiced daughter of popular character actress Elisabeth Fraser (“The Phil Silvers Show”) and famous film and TV dancer Ray McDonald, Meg has been in show business and media since birth.  According to Harrison, “Brent and Meg will be playing a significant role in the lineup of TalkersRadio – but we’ll save that story for later in the summer.”  The role of “Official Greeters” at the TALKERS conference consists of being the liaison between the directors of the conference and its attendees providing a vital link in keeping everything moving smoothly along its very tight and power-packed schedule.

washburndocWBT, Charlotte Drops Doc Washburn’s Evening Show.  Telling the Charlotte Observer that the program wasn’t cost-effective, program director Jason Furst announces that Doc Washburn’s 9:00 pm to 1:00 am talk show is being replaced by Premiere Networks nationally syndicated “America Now with Andy Dean.”  Washburn will remain a regular fill-in host on the station.

clearchannelClear Channel Announces Debt Restructure Terms.  The bond exchange that Clear Channel announced back in mid-May has been completed and the terms are as follows.  A new $5 billion Term Loan D has been created as Term Loan B lenders and/or Term Loan C lenders agree to push the maturity of a portion of their loans due in 2016 to January 30, 2019.  The company states that “approximately $6.7 billion in aggregate principal amount of term loans was submitted for extension in the offer and, accordingly, the amount of each lender’s term loans that was accepted for extension was reduced by a proration factor of approximately 74.6808%.”  Upon the closing of the offer, CCU’s cash flow credit facility consisted of an approximately $3 billion Term Loan B facility which matures on January 30, 2016, an approximately $198.2 million Term Loan C facility which matures on January 30, 2016 and a $5 billion Term Loan D facility which matures on January 30, 2019.  Concurrently with the closing of the offer, CCU entered into an amendment to the agreement governing its cash flow credit facility, which permits CCU to make AHYDO catch-up payments beginning in May 2018 with respect to the new Term Loan D facility and any notes issued in connection with CCU’s previously announced exchange offer with respect to its outstanding 10.75% Senior Cash Pay Notes due 2016 and 11.00%/11.75% Senior Toggle Notes due 2016.  The new Term Loan D facility has the same security and guarantee package as the outstanding Term Loans B and C and borrowings under the new Term Loan D facility bear interest at a rate equal to, at CCU’s option, adjusted LIBOR plus 6.75% or a base rate plus 5.75%.

wgnlogoWGN, Chicago Boasts Digital Ratings Peak.  Tribune’s WGN, Chicago reports the station achieved its highest digital ratings ever Wednesday, May 29 during its coverage of the Chicago Blackhawks 2013 Western Conference Semifinals Game 7 defeat of the Detroit Red Wings.  The historic game registered 22,917 simultaneous digital listeners at 10:00 pm, the peak of the thrilling overtime playoff victory by the Blackhawks.  WGNRadio.com shattered its previous streaming record of 11,771 recorded on May 27, 2013 and the next closest was 10,318 during the Blackhawks Stanley Cup run on June 2, 2010.  The station says it will continue to broadcast on all of its digital platforms as it covers the 2013 NHL Western Conference Final featuring the Chicago Blackhawks and Los Angeles Kings.

wproWPRO, Providence Takes Page from the Papers.  Cumulus Media’s “Newstalk 630 AM and 99.7 FM” WPRO, Providence and its website 630WPRO.com, begins a regular column called “Your Voice, Your Turn,” an op-ed platform where “Rhode Island’s most intriguing voices will share their opinions with the people of the Ocean State.”  The first column in this ongoing series features the state’s Commissioner of Elementary and Secondary Education Deborah A. Gist with a piece titled, “The Truth About Testing.”  WPRO program director Craig Schwalb states, “As Commissioner of Education, Ms. Gist’s voice is prominent in, and important to, Rhode Island which makes her the perfect choice to launch the ‘Your Voice, Your Turn’ Op-Ed platform on 630wpro.com.”  The station says it “looks forward to showcasing the views of other notable Rhode Islanders on a regular basis.”

Thursday, May 2, 2013

| May 2, 2013

theblaze logoGlenn Beck’s TheBlaze to Be Available in Tri-State Area Via Cablevision’s Optimum TV.  Beginning later this month, Glenn Beck-founded TheBlaze network will be available to New York City and the surrounding area as it will be included in Cablevision’s Optimum Preferred, Silver and Gold Packages.  The channel is available to Optimum TV commercial customers with Optimum Business or Optimum Entertainment.  Cablevision VP of video product management, Bradley Feldman, states, “Optimum TV is the only cable provider in the Tri-State area to bring our customers original programming from Glenn Beck’s TheBlaze, and the independent network will add more diversity to our strong lineup, providing our customers with more choices that our customers appreciate.”  In a statement from Beck’s organization it says TheBlaze “offers a full slate of original news and opinion shows like ‘Real News,’ ‘Wilkow!’ and ‘For the Record,’ late night comedy like ‘The Wonderful World of Stu’ and ‘B.S. of A.,’ family-friendly programming like ‘Liberty Treehouse’ as well as thought-provoking documentaries and original specials. TheBlaze first launched on September 12, 2011 as GBTV and quickly grew into one of the world’s largest online streaming networks with over 300,000 subscribers.  One year later, TheBlaze became a television network.”

cbsradioCBS Q1 2013 Report: Company Up 6%, Radio’s Top 10 Markets Up 2%.  The bulk of the discussion during yesterday’s conference call centered around TV for CBS, as it usually does.  But CEO Les Moonves stated moonveslesup front that the company continues to build “on the terrific debut of the CBS Sports Radio Network.  We’ve added 20 affiliates to our roster since our last call.  In addition, CBS Radio played a major role in this year’s success of the Academy of Country Music Awards.  This is a show that perfectly complements our radio audiences, as evidenced by all the artists who mentioned the power of radio in their acceptance speeches.”  CFO Joseph Ianniello noted that, comparable to the same period a year ago, the top 10 radio markets were performing up about 2%.  Thanks to Seeking Alpha for the conference call transcript.  Read more here.

thomasbillFormer Citadel/Cumulus Birmingham Cluster Manager Bill Thomas Sues Company for Unlawful Termination.  Add discrimination to that under the Americans with Disabilities Act of 1990.  Bill Thomas, a.k.a Michael Thomas Stainback, alleges in the complaint filed in United States District Court for the Northern District of Alabama that the company knew he had heart ailments that resulted from a 2009 heart attack yet he still performed his job well and even received bonuses based upon performance.  Thomas alleges that in February of 2012, after telling Cumulus corporate management that he’d been diagnosed with congestive heart failure, he was terminated by the company six days later.  He’s seeking unspecified damages as well as back pay.

freedomfeens‘Freedom Feens’ Show to Join GCN.  The “Freedom Feens” weekend talk show co-hosted by Michael W. Dean and Neema Vedadi will debut on the Genesis Communications Network on Saturday, May 11.  Dean and Vedadi describe their program as a “great-sounding, feisty weekend show about free markets, the police state, the war on drugs, the right to keep and bear arms, computer security, honest money, self-defense, self-employment, marriage, do-it-yourself media production, marketing, music and more.”  Regarding the title of their program, the duo explain, “‘Feen’ means ‘fiend,’ and the ‘Freedom Feens’ support the rights of the smallest minority, the individual.”

raytomTime to Do Some Spring Cleaning Out at the Transmitter Site.  For many of you who broadcast out of the Northwest, Midwest, North, and Northeast, this winter was a bear!  Snow, ice and wind can cause issues for your transmission facilities.  So it’s time to do a thorough inspection of your transmitter sites – both the main transmitter sites and anywhere you may have an STL transmitter or receiver.  In a timely article posted today (5/2) noted engineering consultant and TALKERS technical editor Tom Ray offers up an invaluable “to-do” list to make sure your transmitter remains happy in the coming spring, summer and fall months after enduring a pretty painful and damaging winter.  Get the whole story here.

carrhowieOdds & Sods.  WRKO, Boston afternoon drive talk show host Howie Carr broadcasts live from La Verdad Mexican restaurant near Fenway Park this afternoon from 3:00 pm to 7:00 pm as he promotes his latest book , Rifleman (Frandel, LLC 2013), a true-crime story about infamous Boston mobster Steven Flemmi.  Carr will stay after his program ends to sign copies of the new book…..Hubbard Broadcasting’s WTOP, Washington is conducting its second annual “Communter Idle” contest through Friday, May 3.  The contest asks DC commuters to share their daily travel horror story to win prizes and possibly be the grand-prize winner who’ll receive $1,000 in gas money and a limo ride to work courtesy of Reston Limousine.  Runners-up will receive $150 gas cards…..It may be a sign of the times that one of the most popular shows on CNN is the new “Anthony Bourdain: Parts Unknown” travel and food program that airs on Sunday evenings on the cable news/talk channel.  But new CNN Worldwide president Jeff Zucker is so thrilled with the its performance that he’s already ordered another season of the show that will debut on September 15.

cinchcaastCinchcast, Inc. Establishes Strategic Advisory Board.  One of radio’s technological innovators and dynamic entrepreneurs of the new digital age, Alan Levy – founder and CEO of BlogTalkRadio and its “white-label” sister firm Cinchcast, Inc. – has announced the appointment of two well-known executives to Cinchcast’s new strategic advisory board: Tom Glocer, former CEO of Thomson Reuters and Steve Bornstein, former head of the NFL‘s digital media operations and ABC Sports/ABC, Inc. president and ESPN chairman.  Levy tells TALKERS, “It’s an honor to be working with Tom and Steve as we continue to build, develop and scale the Cinchcast and BlogTalkRadio businesses.”

humphriesreidKDWNPractically an Exclusive.  Senate Majority Leader Harry Reid (D-NV) doesn’t do a lot of conservative talk radio shows.  But Talk Radio Network star Rusty Humphries – who spent part of his earlier career at KKOH in Reno – was able to secure a no-holds-barred interview with Senator Reid at Humphries’ affiliate station KDWN, Las Vegas.  Reid was in his home state while the Senate is on recess and he spoke with Humphries about the hot issues facing Congress.  Pictured here are (from l-r): Humphries, Reid, and KDWN program director John Shaffer.

Suspects Arrested in Marathon Bombing, ObamaCare Implementation, Benghazi Cover-Up Charges, and Gay Athletes Flap among Top News/Talk Stories Yesterday (5/1).  The arrest of more suspects connected with the Boston Marathon bombing case; the cost and implementation of the Affordable Care Act; charges that the Hillary Clinton-run State Department covered up aspects of the Benghazi attack; and the flap in the media over gay athletes were some of the most-talked-about stories on news/talk radio, according to ongoing research from TALKERS.