Tag: "digital revenue"

Tuesday, November 10, 2020

| November 10, 2020

iHeartMedia Third Quarter Revenue Down 22%. The earnings report from iHeartMedia for the third quarter of 2020 shows the media company in a slightly better situation than some of its similar-sized competitors as revenue was $744 million, a decrease of 22% over the same period in 2019. (Cumulus Media and Entercom were both down 30% and Beasley was down 25%.) iHeartMedia says that its third quarter revenue was up “53% sequentially, moving from down 47% [year-over-year] in Q2 to down 22% [year-over-year] in Q3. The company adds that October revenue increased 2%, benefitting from significant political advertising and digital revenue increased 17% [year-over-year]. Breaking the report down by segment, broadcast revenue declined 29% from $573 million in Q3 2019 to $404 million this year but increased 66% quarter-over-quarter. Networks revenue declined 26% from $160 million to $119 million but increased 24% quarter-over-quarter. Digital revenue increased 17%, from $97 million to $113 million, led by a 74% increase in podcasting revenue. iHeartMedia posted a loss of $32 million in the third quarter of 2020 compared to the net income of $12 million in Q3 of 2019.

iHM’s Pittman: Podcasting Already Profitable for Us. During yesterday’s investors conference call, iHeartMedia CEO Bob Pittman explained the success of its podcasting segment. He said, “Podcasting continues to be our strongest performing business line, reflecting the fact that we built iHeart into the number one commercial podcast publisher in America, with 252 million downloads a month as of September, which is up 71% year-over-year. In Q3, as measured by Podtrac, we were number one in downloads each month. Our audience continues to be more than twice the size of the next largest commercial podcaster. And we extend that our lead over all other ranked podcasters. Let me share with you our model. We partner with the best content creators in the world – some of whom are our very own radio talent – distribute their content to the largest audience possible without a paywall, and use the unparalleled scale of our broadcast radio business as a built-in marketing machine to drive engagement with our podcast shows. We feel this is an important part of our secret sauce. It’s how we continue to build hit podcast after hit podcast, and how we continue to grow our leadership position. According to Podtrac’s latest data, not only are we number one overall, but we currently have the most shows featured across all categories, and we have ranked shows featured in all 19 possible categories, the most among all publishers. Let me be clear, podcasting is already a profitable business for us, and has an EBITDA margin that is higher than the overall company margin. Our podcast business is advertiser supported, it’s not subscription based, and it’s not behind a paywall, which enables our creators to share their passion with the widest audience possible, as we distribute their podcast not only on the iHeartRadio app, but across as many other distribution platforms as possible.”

Entercom Closes on $32 Million Acquisition of QL Gaming Group. According to a press release, Entercom Communications’ acquisition of sports data and iGaming affiliate platform QL Gaming Group will give Entercom “unrivaled data, analytics, and insight-driven content to Entercom’s best-in-class sports broadcast stations, influential podcasts, and RADIO.COM.” The QLGG technology portfolio includes sports betting data and analytical capabilities (BetQL), daily fantasy sports (RotoQL), simulation-based sports outcome predictions and game forecasting (AccuScore), and comprehensive analytical coverage of the ATP and WTA Tours (TennisInsight.com), each with respective subscriber base and licensing opportunities. Entercom president and CEO David Field says, “As the sports betting marketplace continues to grow exponentially, the acquisition of QL Gaming Group is a perfect fit for our unrivaled sports audio platform. Integrating QL’s analytics and content with our sports brands enables us to deliver unparalleled experiences for sports fans. The acquisition builds on our track record of digital growth and further enhances our direct-to-consumer technology portfolio with data and analytics capabilities, while also adding an innovative new subscription offering to our platform.” Justin Park, QLGG co-founder and CEO, will continue to lead the business reporting to Entercom president of sports Mike Dee and Entercom chief digital officer J.D. Crowley. Entercom adds that in 2021, under the company’s first full year of ownership, QL Gaming Group is expected to generate approximately $12 million in revenue with an EBITDA margin in the high 20s.

Flag Family Media Partners with Forum Communications to Operate WDAY-AM, Fargo. A deal between Flag Family Media and Forum Communications will give the former “an extensive role in WDAY-AM’s day-to-day operations and provides an eventual path to ownership.” Flag Family Media owns news/talk outlets WZFG, Fargo “AM 1100 The Flag” KTGO, Tioga, North Dakota “AM 1090 The Flag.” Both of Flag Family Media’s principals – Steve Hallstrom and Scott Hennen – have worked at WDAY-AM in the past. Forum president and CEO Bill Marcil, Jr says, “This partnership allows us to focus our attention on our in-depth TV, digital, and print news operations while still sustaining a strong local radio presence in the region. We know Flag Family Media will honor the legacy of WDAY-AM and are looking forward to seeing how they transform our region’s radio experience.” Scott Hennen adds, “This is an extremely significant day for our company, and we look forward to learning from, and working with, some great professionals at WDAY Radio. Steve and I can’t wait to roll up our sleeves and bring some energy and creativity to this legendary radio station.”

WOR, New York’s Michael Riedel Publishes New Broadway Book. WOR, New York morning drive co-host Michael Riedel has released his second book, Singular Sensation: The Triumph of Broadway (Avid Reader Press/Simon & Schuster, 2020), that chronicles “a transformative decade on Broadway, featuring gripping behind-the-scenes accounts of shows such as Rent, Angels in America, Chicago, The Lion King, and The Producers. In this book, Riedel presents the drama behind every mega-hit or shocking flop, bringing readers into high-stakes premieres, fraught rehearsals, tough contract negotiations, intense Tony Award battles, and more. From the bitter feuds to the surprising collaborations, all the intrigue of a revolutionary era in the Theater District is packed into Singular Sensation. Broadway has triumphs and disasters, but the show always goes on. Riedel, who co-hosts the WOR morning show with Len Berman, says, “I’m a newspaper guy who’s become a radio guy. It’s been my great pleasure to host the morning show with Len Berman on WOR for nearly three years. Len spent his life in sports. I spent mine on Broadway. We certainly talk a lot about politics and current events, but variety is the spice of life, so sports and Broadway are always in the mix. Broadway’s going through a tough time right now, but my book, recounts a better time – the 1990s. I have no doubt that Broadway will be back one day, and Len and I will be there to cheer it on.”

TALKERS News Notes. As eyes and ears shift to Georgia for the January 5 runoff elections to decide that state’s two U.S. Senate races, Salem Radio Network talk host Mike Gallagher’s syndicated late morning talk show will “parachute into Georgia in December” as he launches a “Save The Senate” initiative. Gallagher will use Salem’s WGKA-AM, Atlanta “AM920 The ANSWER” as his December base to follow what promises to be the most expensive runoff election in U.S. history. Gallagher says, “This pair of runoff elections in Georgia will be enormously consequential for America. I’m eager to originate my show from the studios of ‘AM 920 The ANSWER’ in Atlanta for a number of days in December, highlighting the dramatic differences between the Republicans and the Democrats in the race. It is all-hands-on-deck for Georgia!”…..The Cincinnati Enquirer reports that Cincinnati Public Radio’s WVXU-FM had to shut down its operations after a staffer tested positive for COVID-19. As a result, the station is without much local content until further notice. It posted to its website: “Our programming is being provided through a national feed with limited local information. We apologize for this inconvenience and are doing everything possible to maintain the service you expect. We will return to normal operations as quickly as it is safe to do so.”…..Cumulus Media’s Westwood One is presenting the 2020 Masters Tournament with exclusive hole-by-hole coverage beginning Thursday (11/12) through Sunday (11/15). The 84th Masters Tournament from Augusta National Golf Club is being played in November for the first time…..San Francisco public news/talk personality Michael Krasny is retiring from his position with KQED-FM where he’s been host of the late morning “Forum” program for almost 30 years. His last program will be on February 15, 2021. He says, “I want to thank all of the listeners, guests and exceptional colleagues I’ve had the great fortune to encounter over the years as host of Forum. I’ve been unusually fortunate to sustain such a long career serving the Bay Area in a role that allows me to participate in such rich and thoughtful conversations about the topics of our times.”

Biden Transition Process/Trump Refuses to Concede, Barr Orders ‘Irregularities’ Investigations, COVID-19 Stats & Projections, Pfizer Vaccine, SCOTUS Obamacare Case, Trump Fires Esper, and Georgia Runoff Elections Among Top News/Talk Stories Yesterday (11/9). President-Elect Joe Biden proceeds with the transition process while President Trump refuses to concede the election; Attorney General Bill Barr orders Justice Department election crimes office to investigate voter “irregularities”; the fast-rising number of COVID-19 cases in the U.S. and in Europe and projections for fall and winter cases; Pfizer announces its COVID vaccine is 90% effective; the Supreme Court begins hearing arguments on the Affordable Care Act; President Trump fires Defense Secretary Mark Esper and appoints Christopher Miller acting secretary; and the January runoff elections for Georgia’s two U.S. Senate seats were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. Country radio on-air pro Brooke Taylor is named midday host at iHeartMedia’s WSIX-FM, Nashville “The BIG 98.” Taylor was most recently with the company’s Chicago country station “BIG 95.5” until that station’s recent flip to a rock format. Taylor will continue to host the night show for iHeartMedia Denver’s “107.7 The Bull” and broadcast on several iHeartCountry stations across the country. She says, “When I set out to work in country music, one of the first things I prayed for was to be in Nashville one day, and the fact that this is becoming a reality is honestly a dream come true. I can’t wait to join an already incredible team at ‘The BIG 98’ and to represent the iHeartCountry brand.”…..Alpha Media Lincoln names Joe Dobbins, a.k.a. JDub, content director for CHR KFRX. JDub comes to Lincoln from Alpha’s CHR WDJX, Louisville where he was content director and afternoon show host. Alpha Media Lincoln operations manager Rob Kelley comments, “Joe is an outstanding programmer with outstanding vision. He is the perfect leader for our staff and for the brand of a great heritage CHR like KFRX.”…..iHeartMedia’s nationally syndicated “The Breakfast Club” announces that its fourth annual #Change4Change broadcast will feature a day of giving to help listeners in need. Traditionally a radiothon, this year’s event will grant wishes to listeners experiencing hardship. #Change4Change will broadcast on Thursday, November 19, 2020 on hip hop WWPR, New York “Power 105.1” and across more than 77 affiliates of “The Breakfast Club.”…..WXKB, Fort Myers “B103.9FM” morning personality and Army veteran Jason “Big Mama” Jones, in conjunction with ABC 7, raising awareness and support for Home Base Southwest Florida Veteran and Family Care on Veterans Day (11/11). Jones also hosts Beasley Media Group’s “Bravery Network,” a weekend program dedicated to shining a light on important issues and services available for veterans and their families. He says, “I am very excited about this partnership. Being able to use the power of radio and television to help raise awareness and money for the veterans of Southwest Florida. I am planning some ‘star’-studded guest for the day that will not only make show informative but very entertaining as well.”…..The CHR evening show “Party LiveLine!” partners with Sun Broadcast Group effective immediately. The program was created by John Garabedian and his hosted by Mason Kelter. SBG chief development officer Rich O’Brien says, “Broadcasters are worried about the loss of TSL among 18-34-year-olds, who spend extraordinary amounts of time with streaming services on their mobile devices. Add to this the negative effects which RIFs and voicetracking have had on the ratings of Top 40 stations, and until now there were no good alternatives. That’s why we are so excited to be offering this breakthrough Top 40 night show which is 100% live and interactive.”

Thursday, August 6, 2020

| August 6, 2020

iHeartMedia Second Quarter Revenue Declines 47%. In line with the other broadcast companies that have reported Q2 2020 data so far, iHeartMedia’s revenue of $488 million represents a 47% decrease compared to the same period in 2019. Breaking it down into segments, iHM reports that broadcast revenue declined 57% ($561 million to $244 million), networks revenue was down 38% ($156 million to $96 million), digital revenue increased 2% ($91 million to $93 million – led by a 103% increase in podcasting revenue), sponsorship and events declined 65% ($42 million to $15 million), and audio & media services dropped 33% ($59 million to $39 million). iHeartMedia is reporting an operating loss of $159 million in Q2 of 2020 compared to an operating income of $182 million in the second quarter of 2019. Chairman and CEO Bob Pittman says, “The challenges that we have faced due to COVID-19 were unprecedented and had a severe, negative impact on our revenue in the second quarter. Despite those financial challenges, we retained our strong relationship with the consumer as the #1 audio company in America and the #1 media company in America by reach. As the advertising marketplace is recovering, we are working hard to ensure that we have the products and services to fully capitalize on the opportunity while proactively taking steps to fortify our balance sheet and our liquidity. Finally, I want to thank our employees for their commitment and creativity under such difficult and challenging circumstances.” Company president, CFO and COO Rich Bressler adds, “In response to COVID-driven market weakness, we acted rapidly and decisively to further streamline our cost structure and capital-spending programs, while continuing to implement pre-COVID cost savings programs through our modernization initiatives. These actions played an important role in minimizing the negative impact on our free cash flow results against the backdrop of the significant revenue declines we saw in the second quarter. We believe that these actions, in combination with our proactive capital structure management provides the company with sufficient liquidity to operate effectively even in an extended period of economic weakness.”

Round Three of July PPMs Released. The third of four rounds of ratings data from Nielsen Audio’s July 2020 PPM survey has been released for 12 markets including: Portland, Charlotte, San Antonio, Sacramento, Pittsburgh, Salt Lake City, Las Vegas, Orlando, Cincinnati, Cleveland, Kansas City, and Columbus. Nielsen’s July 2020 survey period covered June 18 – July 15. You can see all the 6+ data from subscribing stations here. Meanwhile, TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways for this group of markets. In Portland, Alpha Media’s news/talk KXL-FM tacks on one-tenth to finish the July survey with a 6.5 share good for the #3 rank in the market. Entercom’s news/talk WBT-AM/FM, Charlotte dips one-tenth to a 5.9 share but rises one spot to the #3 rank. Despite losing a full share and finishing with a 5.5 share, iHeartMedia’s news/talk WOAI, San Antonio remains ranked #2 in the market. In Pittsburgh, Entercom’s news/talk KDKA-AM adds three-tenths and wraps the survey with a 5.4 share good for the #4 rank. iHeartMedia’s KNRS-FM, Salt Lake City jumps by half a share to claim the #5 rank with a 5.8 share. See Mike Kinosian’s complete report here.

Multiply Your Podcast Subscribers Without Buying Clicks.  Noted media consultant, TV talk show host, and TALKERS contributing columnist, Holland Cooke has written an informative new E-book titled, Multiply Your Podcast Subscribers without Buying Clicks (Talkers Books, 2020) that is now available to TALKERS readers. Cooke states,“With Spotify paying Joe Rogan a reported $100 million to distribute his podcast, The New York Times pronounced the former ‘Fear Factor’ host and MMA commentator ‘the new Mainstream Media.’ This is a whack-on-the-side-of-the-head to broadcasters, who marginalize podcasters as a shadow medium, or ‘the future.’ At these prices, the future is now.” Cooke advises radio broadcasters to step up their efforts in making podcasting an effectively monetized part of their expanding communications platform stating, “There are an estimated 260 million smartphones in the USA. With that many of us walking around with a device that can broadcast live video, instantly, worldwide – and with nearly a quarter billion of us on Facebook and nearly 50 million active Twitter users in the USA – We The People are now, measurably, ‘the Mainstream Media.’”  Cooke says one of the keys to broadcasters succeeding, where such a large percentage of the 850,000 active podcasters out there fail, is in their ability to promote TSL (time spent listening). In this new E-book, Cooke details the strategy to prompt listeners to share podcasts with friends by employing the fundamentals that are second nature to broadcasters, but often lacking in podcasts. To purchase Multiply Your Podcast Subscribers without Buying Clicks (Talkers Books, 2020) for $9.00 or get more information, please click here.

Giuliani Suggests Salem’s Hewitt and Elder Serve as Debate Moderators. On behalf of the Trump-Pence 2020 campaign, Trump attorney Rudolph Giuliani submitted a list of potential presidential debate moderators to the Commission on Presidential Debates that includes Salem Radio Network nationally syndicated hosts Larry Elder and Hugh Hewitt. The list of moderators the campaign would find acceptable also includes David Muir of ABC News and Norah O’Donnell of CBS News. Salem Media Group SVP spoken word programming Phil Boyce says, “We are so proud to see Hugh Hewitt and Larry Elder mentioned as possible moderators of a presidential debate. Frankly all of our SRN national hosts are capable of doing this, and these two especially are. We hope they get the nod.” Hewitt served as co-moderator of four 2016 Republican Primary debates co-produced by CNN and the Salem Radio Network.

TALKERS News Notes. Chicago media writer Robert Feder reports on some news from Nexstar’s WGN-AM, saying that the station is not talking with market legend Garry Meier about replacing Roe Conn in afternoon drive when his contract ends this year as previously reported. His sources say serious talks with Meier never got off the ground. In other WGN news, Feder says that if John Records Landecker’s fill-in stint for morning host Bob Sirott goes well next week, Landecker may be in line for the permanent evening show position…..Cadence13 – a part of Entercom’s podcast network – is partnering with NBA star Kevin Durant and entrepreneur Rich Kleiman’s Thirty Five Ventures to create The Boardroom Podcast Network. The network will launch with two podcasts. In “The Boardroom: Out Of Office,” Kleiman hosts and digs deep into guests’ career trajectories, the ins and outs of entrepreneurship, and the stories they’ve gathered along the way. In September, Durant launches the monthly podcast “The Etc’s with Kevin Durant.” He says, “I’m really excited to be launching both of these podcasts and this partnership with Cadence13. We’re really invested in making both of these pods different than anything else out there, and I’m personally looking forward to having in-depth conversations about some of my favorite topics.”

NAB’s Gordon Smith Suffers Stroke. A statement from the National Association of Broadcasters reveals that its president and CEO Gordon Smith suffered a stroke and was admitted to the hospital. The statement adds, “He is responding well to treatment, is stable and alert, and is resting comfortably. His prognosis is good, and he is expected to make a full recovery.”

COVID-19 Statistics & Projections, Presidential Race, Portland Protests, TikTok Deal/U.S.-China Relations, Beirut Explosion, and Pro Sports Leagues’ Struggles Among Top News/Talk Story Yesterday (8/5). The rising number of COVID-19 cases in numerous states and projections for future cases; the November presidential election and President Trump’s statements about the validity of mail-in ballots; the controversial BLM protests in Portland; the deal to allow Microsoft to acquire TikTok and the tenuous U.S.-China relations; the investigation into the ammonium nitrate-caused explosion that rocked Beirut; and pro sports leagues struggle with positive COVID-19 cases were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Venerable Multimedia Personality Shadoe Stevens Is This Week’s Guest on Harrison Podcast.  Los Angeles-based radio and TV personality Shadoe Stevens is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.”  Stevens is an extraordinarily talented and creative individual who has succeeded to one degree or another in just about every phase of performance media in a career that has spanned five decades. He remains on the leading edge with the debut of a 12-part podcast series titled, “MentalRadio,” that pulls out the stops on imaginative writing, complex production, and audio theatrics. During the course of his career, Stevens has served as program director and/or air talent at legendary radio stations including LA’s KROQ and KMET. He was the first successor to Casey Kasem as the voice of “American Top 40” which he hosted for seven years. He’s been a television announcer and personality on such shows as “Hollywood Squares” and “The Late Late Show with Craig Ferguson.” He was also producer, writer, and talent on hundreds of successful radio and television commercial campaigns – highlighted by his celebrated creation and performance of the outrageous character, Fred Rated, for the Federated Group home appliance chain. As an actor, he appeared on such TV programs as “Baywatch,” “The Larry Sanders Show,” “Beverly Hills 90210,” “Dave’s World,” “Max Monroe: Loose Cannon,” and he performed in the movie “TRAXX,” plus more. Harrison and Stevens recount their days in Los Angeles radio (both served as PD of KMET), the intricacies of Stevens’ colorful career, and the unlimited potential of modern podcasting as a platform for 21st century audio theater. Radio and media freaks will really enjoy this interview! To listen to the podcast in its entirety, please click here or click on the player box marked “The Michael Harrison Interview” located in the right-hand column on every page of Talkers.com.

Music Radio News and Career Moves. Seattle radio and music business legend Pat O’Day died on Tuesday (8/4) at age 85. As a DJ, O’Day was arguably the most popular air personality in the market in the mid-1960s when he was the afternoon jock on KJR-AM. He eventually became PD of the station, then general manager in 1968. O’Day ran a lucrative teen dance events business. He was also a concert promoter, founding the firm Concerts West. O’Day also eventually became a station owner. Read more about his colorful career here…..Rochester classic rock WAIO-FM “Radio 95.1” announces its new afternoon drive show is “The Big Show,” hosted by Earl David Reed, Megan Carter, and Pat McMahon. Reed is a nationally recognized stand-up comedian. Carter most recently served as the afternoon host on iHeartMedia’s sister CHR “KISS 106.7.” McMahon has been with iHM Rochester for six years. Program director Joe Bonadonna says, “Earl, Megan and Pat clicked from the minute we put them together. They are the three friends you want with you when you’re getting a garbage plate, grabbing a Genny Light or spending the day at Seabreeze.”…..Entercom promotes Emily Ward to general sales manager for the Chattanooga station group that includes CHR WKXJ-FM “103.7 Kiss FM,” adult hits WLND-FM “98.1 The Lake,” WRXR “Rock 105,” country WUSY “U.S. 101,” and country WUSY-HD2 “Real 961.” Ward has been serving the cluster as local sales manager and digital sales manager.

Thursday, February 27, 2014

| February 27, 2014

millerjpatJournal’s WTMJ and ‘The Lake’ Name J. Pat Miller to Marketing Post.  At the Milwaukee properties news/talk WTMJ and adult hits WLWK “94.5 The Lake,” Journal Broadcast Group ups J. Pat Miller to the new position director of marketing & innovation.  The company says that in his new role, he’ll be responsible for the overall marketing activities of WTMJ and WLWK as well as designing and implementing new brand programs.  VP and GMwtmj logo Tom Langmyer comments, “J. Pat has demonstrated his ability to create and develop new revenue streams.  He will focus more of his attention on additional initiatives to grow our business.”  Miller adds, “This new role is vital to our growth and the industry as a whole.  The incredible team here at Journal’s Milwaukee Radio Operations can effortlessly pull off most anything we create.”  Miller is overseeing the promotions department and the company announces that Alison Helf is named promotions manager.

wgwg logoTribune’s WGWG-LP, Chicago Brings McKnight Aboard.  The fledgling sports talk station Tribune’s WGN is building and airing on LMA’d WGWG-LP “The Game 87.7” adds another local sports talk personality to its staff.  Connor McKnight – who’s served with CBS RADIO’s WSCR “The Score” for the past four years – joins “The Game 87.7” for an on-air role.  According to Chicago media writer Robert Feder, McKnight will “make his first appearance Thursday (2/27) on Mark Carman’s show, which airs from 7:00 pm to 10:00 pm.”  Feder reports he’ll become part of the daily lineup.  At WSCR, McKnight hosted the “Hit and Run” baseball show as well as having been an anchor and reporter at the station.  Read Feder’s story here.

diminochrisChris Dimino Set to Join ‘680 The Fan’ for ‘Rude Awakening’ Show.  As reported by the Atlanta Journal Constitution’s Rodney Ho, former WQXI sports talk personality Chris Dimino will become part of WCNN “680 The Fan” in an on-air capacity as his non-compete clause from WQXI expires on March 17.  Dimino has been working for the station in an off-air capacity since last September but Ho reports he’ll join Christopher Rude and Perry Laurentino on the morning show soon.  Dimino was part of the WQXI morning program – including fellow hosts Steak Shapiro and Nick Cellini – that was fired in the wake of the poorly thought out bit poking fun at former New Orleans Saints player Steve Gleason who is suffering from ALS.  Read Ho’s entire piece here.

nab logoNAB Rejects Elimination of Advertising Tax Deduction.  As part of a comprehensive tax code overhaul proposal being spearheaded by House Ways and Means Chairman David Camp (R-MI), the deduction that businesses can claim for advertising expenses would be eliminated and this oft-considered-but-never-enacted change has the NAB letting legislators know how it feels about it.  NAB EVP of communications Dennis Wharton states, “NAB strongly opposes any job-killing proposal that would limit the ability of thousands of large and small businesses from fully deducting their annual advertising expenses.  Advertising on local radio and television stations is a key driver of the American economy – indeed, a recent study found local broadcast advertising generates $1.05 trillion in GDP and supports 1.48 million jobs.  NAB will work with lawmakers and other stakeholders to ensure the advertising tax deduction continues to create economic prosperity and well-paying jobs.”  Since ad deduction elimination is just one part of a comprehensive tax overhaul proposal, it’s difficult to say how it would affect a company’s bottom line in the long run.  Camp has stated his goal is to simplify the tax code – not to increase anyone’s tax burden – and there are other proposed changes that promise to help the bottom line of corporate and individual taxpayers.  This is an election year so it’s unlikely there will be any action on this front any time soon.

clyburnmignonFCC Commissioner Mignon Clyburn Defends CIN; Implies It’s Misunderstood.  During a speech at Washington, DC’s Media Institute on Wednesday (2/26), FCC Commissioner Mignon Clyburn defended the controversial Critical Information Needs (CIN) study that would have researchers quizzing journalists and managers about how they choose news stories and information for dissemination to the public.  Her speech came the day after Congressman Greg Walden (R-OR) promised legislation to put the FCC’s study to rest for good, citing its potential intrusion into First Amendment areas and its scope being beyond the purview of the Commission.  Clyburn explained that the Commission needs to understand the markets it regulates.  She said that she would never be a part of anything that seeks to chill free speech or shape news gathering and that the goal was to “gather data and other information about whether there are any market entry barriers, preventing local communities from receiving important information…I am about facilitating ownership and opportunities and making sound decisions about our most critical industries based on solid research and not rhetoric.”  Still, critics of the study argue that neither Clyburn nor FCC Chairman Tom Wheeler have adequately explained the connection between interviewing news people about story selection policy and barriers to station ownership for minorities.

blackburnvalerieValerie Blackburn to Step Down at CBS RADIO Los Angeles.  The word from Los Angeles is Valerie Blackburn – currently serving as controller for the CBS RADIO Los Angeles cluster and general manager of news/talk KFWB (residing in the KFWB license trust) – is resigning from her positions and is planning to take some time away from radio and work to travel and be with family and friends.  Her exit will not be immediate and it’s assumed CBS is already working on finding her replacement.

schultzAZSchultz Honored by Arizona Progressives.  Nationally syndicated talk show host and MSNBC personality Ed Schultz is pictured here speaking at the annual Arizona Advocacy Network dinner on Saturday, February 22.  Schultz was honored by the group for his work on key progressive issues and he addressed the attendees.  He was clearly in the right state at the right time with the controversy over the Arizona religious freedom bill such a hot-button issue. (Photo: Josselyn Berry)

farberericanewRAB: Radio’s Digital Revenue Expected to Rise 22%.  That’s from the just-released Benchmarking: Local Radio Stations’ Online Revenues report from Borrell Associates and the Radio Advertising Bureau.  The report states that digital revenues went up 15% in 2013 and the total figure for 2014 could be as high as $520 million.  Some figures from this year’s report: the average radio station brought in $166,490 in digital advertising – about 3% of its total revenue; some large-market stations report making millions; the average revenue for four-station clusters is approaching $750,000.  The data for the study is culled from three sources: ad revenue reported by the stations, local business ad spending, and a survey of radio managers.  RAB president and CEO Erica Farber states, “We’re experiencing year-over-year, double-digit growth in radio; and to truly maximize this revenue stream this survey continues to provide us with areas to improve upon and ultimately grow our overall revenue share.  Most notably, sales managers are looking for continued training for their sales staffs and a better understanding of the digital buying community.  The RAB is poised to help in this area through our professional development programs and outreach.”

millerstephanieOdds & Sods.  Talk show host Stephanie Miller‘s “Sexy Liberal Comedy Tour” hits Fort Lauderdale, Florida Saturday, March 1.  The progressive talker, whose show has played in theaters to sold-out crowds across the country, is appearing at the Parker Playhouse  along with John Fugelsang, Carlos Alazraqui, special panel guest Judy Tenuta and more surprises…..“SportsRadio 94” WIP-FM, Philadelphia is presenting the “Great Birds Debate” remote broadcast today at Chickie’s and Pete’s in South Philadelphia.  The station says it is one of the few times all year that the WIP wiplogoairstaff is on the same stage together.   Personalities Angelo Cataldi, Rhea Hughes, Michael Barkann, Ike Reese, Anthony Gargano, four-time champion Rob Ellis (also a member of the CBS 3 Sports Team), Josh Innes, Howard Eskin, CBS 3 Sports Director Beasley Reece, and Philadelphia Eagles insider Dave Spadaro will all be present to discuss and debate questions about the Eagles present and future.  The event is free and open to the public…..At Detroit urban talker WCHB, John Mason leaves that Radio One outlet masonjohnto take over the morning slot at sister urban AC WDMK where Reach Media’s Tom Joyner has been airing.  Joyner moves to mornings at WCHB and that bumps talk host Mildred Gaddis from AMs to afternoon drive in Mason’s old slot…..A couple of notes from SiriusXM: U.S. House Minority Leader Nancy Pelosi will appear on the next installment of the “SiriusXM Leading Ladies” series, “candid conversations with influential and inspiring women who have forged their own paths to leadership and success.”  SiriusXM P.O.T.U.S. host and veteran White House correspondent Julie Mason will host the program on March 4 before a live audience at The Newseum in Washington, D.C.  In addition to the one-on-one conversation between Leader Pelosi and Mason, the one-hour town hall style event will have an interactive element featuring questions from an audience of SiriusXM listeners, female students from D.C. universities and Newseum members.  Also from SiriusXM, sports talk host Casey Stern re-ups with the satcaster for his daily hosting spot on the MLB Network Radio channel, as well as for expanded duties on additional SiriusXM sports channels.  Stern will continue to host “Inside Pitch” alongside his co-host, former Cincinnati Reds and Washington Nationals general manager Jim Bowden, every weekday afternoon…..Cumulus Media’s WABC, New York is bringing the world of fashion to its airwaves as it takes a look back at NY Fashion Week with an exclusive interview with Kenneth Cole.  Hosted by Cristina Cuomo, editor of Manhattan magazine, from the Modern Luxury arm of Cumulus Media, the interview digs into Cole’s ambitions and inspirations.  He also shares details of his groundbreaking advertising campaigns, views of fashion, social media, and much more.  WABC program director Craig Schwalb says, “It was a real honor to work with our sister publication Manhattan and Cristina Cuomo to bring the iconic designer to WABC Radio.  We are already making plans for this fall’s Fashion Week.”

bfoabryantgroupBroadcasters Foundation of America Raises More Than $200,000 at ‘Golden Mike’ Event.  At Monday evening’s black tie 2014 Golden Mike Award Dinner honoring BMI president Del Bryant, the Broadcasters Foundation of America raised more than $200,000 for its mission of helping broadcasters in need.  More than 200 television, radio, and music industry executives and celebrities were in attendance.  The evening was hosted by CBS NewsBob Schieffer.  Presenters for the evening were longtime personal and professional friends of Bryant’s:  Michael Bolton, performer and BMI songwriter; Jack Sander, former chairman of the BMI board of directors; and Sandra Lee, internationally acclaimed culinary and home style expert and host of four highly rated programs on the Food Network and the Cooking Channel, plus HGTV.  Legendary singer, songwriter, musician, and actor Kris Kristofferson performed, as did songwriter Brenda Russell, who sang her top 10 hit “Piano In The Dark,” and “Get Here.”  Dolly Parton opened a very moving video that provided a glimpse into Bryant’s amazing life — from his early years growing up as the son of songwriters Boudleaux and Felice Bryant through his incredible 42-year career at BMI where he championed the works of some of the biggest songwriters in entertainment.  Pictured above are (from l-r): Jim Thompson (president of the Broadcasters Foundation), Michael Bolton, Sandra Lee, Del Bryant, Bryant’s son Thaddeus, Kris Kristofferson, Brenda Russell, Bob Schieffer, and Phil Lombardo (chairman of the Broadcasters Foundation).

Brewer Vetoes ‘Religious Rights’ Bill, ObamaCare Criticism, U.S.-Russia Tensions Over Crimea-Ukraine, Immigration Legislation, Bitcoin Controversy, and Hillary Clinton in 2016 Among Top News/Talk Stories Yesterday (2/26).  Arizona Governor Jan Brewer vetoes legislation that would have allowed businesses to refuse service to some based on religious beliefs; scrutiny of the rollout and effects of the Affordable Care Act; the political tensions between the U.S. and Russia over the strife in Ukraine and Crimea; new immigration legislation that includes an amnesty component; the bitcoin movement and recent events questioning its value; and speculation about Hillary Clinton running for president in 2016 were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.

Three Steps to Digital Revenue Power

| September 24, 2012

By Chris Miller
Chris Miller Digital

SHAKER HEIGHTS, OH – President Barack Obama has been appearing on radio morning shows lately … not on talk stations, but on stations that play music. On September 17, TALKERS magazine’s sister publication RadioInfo covered how one of these appearances came together for Cox’s hip hop station in Orlando.  The President has shown up on alternative and Spanish language stations, too.  Politics aside, this is a success story for radio! Obama’s campaign has been targeting certain messages to appeal to certain voter blocks.  They have microsites on the web, different social media groups, and targeted, focused e-mail lists. However, what did they use to present the President in both a targeted and a personal way? They used RADIO!

Radio is the original targeted medium. It’s potentially even more targeted in this new media world. Having digital inventory to sell on our streams and websites only makes us a stronger business partner for clients who want to hyper-focus their message. That’s the power of broadcast plus digital! To maximize that power, you can follow three steps.

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