Tag: "Envision Networks"
Friday, February 14, 2020
Brett Winterble Named Afternoon Drive Host at WBT-AM/FM, Charlotte. Recently let go from San Diego news/talk KFMB-AM – along with the rest of the staff as the station changes hands from Tegna to new owner Local Media San Diego – is talk show host Brett Winterble, who begins his new gig at Entercom’s heritage talker WBT-AM/FM, Charlotte on Monday (2/17). Entercom SVP and market manager Matthew Hanlon says, “Brett Winterble represents the future of audio. When John Hancock took this exact seat on WBT 30 years ago, he was a progressive-minded voice in
the market, placing an emphasis on issues that affected the community. Brett takes on a similar role in a new and meaningful way for our loyal audience. He cares about the listener and demonstrates a genuine interest in the community. We’re thrilled that Brett is joining our team.” In addition to his five-year stint at KFMB-AM, Winterble hosted afternoon drive at KFWB-AM, Los Angeles and served as a producer for Rush Limbaugh and Michael Reagan. Winterble takes over the 3:00 pm to 6:00 pm show from John Hancock, who announced his retirement in October 2019.
NOW POSTED: New Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted. The new episode titled, “Off to the Races!” looks back at this past week of February 10-14, 2020 and features guests (in order of appearance): Kevin Casey, executive editor, TALKERS; Todd Feinburg, talk show host, WTIC, Hartford; Victoria Jones, executive director, DC Radio Company; Joe “Pags” Pagliarulo, syndicated talk show host, Compass Media Networks; Heidi Harris, talk show host, KMZQ, Las Vegas; and Joshua Philipp, senior investigative reporter, The Epoch Times. This acclaimed news/talk radio show airs each week on WONK-FM, Washington, DC Friday evenings between 6:00-7:00 pm ET. It also airs throughout the weekend on WRKO, Boston; KSCO, Santa Cruz, CA; KFNX, Phoenix; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; the Virginia Talk Radio Network and Pioneer Valley Radio in Springfield, MA as well as appearing on the iHeartRadio App. To listen to this week’s episode (and the program’s complete archives), please click here. To view the latest TALKERS magazine topic research, please click here.
‘New Jersey 101.5’ to Hold Town Hall on Prisoner Re-Entry. Next Thursday (2/20), Townsquare Media’s WKXW, Trenton “New Jersey 101.5” will present the next in its Town Hall series, addressing the issue of re-entry of New Jersey residents into mainstream society, including the unique and specific challenges faced by these residents and their families. ‘NJ101.5’ special projects director and morning news anchor Eric Scott will moderate the Town Hall. He says, “Our Town Hall broadcasts help create a better understanding among New Jersey residents while seeking to identify real and practical solutions to some of our state’s most difficult issues. More than half of those being released from prison in New Jersey today will be rearrested within three years. Almost a third will be sent back to prison. This program will explore ways to break the cycle of recidivism and confront the challenges of returning former inmates to society.” Expert panelists will include: former New Jersey Gov. Jim McGreevey, whose work with the New Jersey Reentry Corporation is well-known throughout the state; Haywood Gandy, who was released from prison in 2018 after serving 20 years on armed robbery and other charges and is now the director of re-entry for The H.U.B.B. (Help Us Become Better) Arts & Trauma Center in Newark; Daniel Lombardo, president and CEO of Volunteers of America Delaware Valley; and Jessica O’Neill, Assistant U.S. Attorney, Camden. Online, under the direction of ‘New Jersey 101.5’ digital managing editor Louis C. Hochman, the Town Hall will be streamed via Facebook Live, with representatives from the U.S. Attorney’s Office, Reentry Coalition of New Jersey, and Volunteers of America available to answer questions and provide resources for persons in need.
SBG Announces Creation of All-Female Marketing Team. Syndication and sales firm Sun Broadcast Group announces the formation of an all-female marketing team consisting of 11-year SBG veteran Loren Christofori – who has been promoted to director of marketing, former Envision Networks marketing and affiliate specialist, Jen Weisfeld – now in the role of marketing manager, and SBG alum Amber Kelley joining as marketing assistant. SBG president and founder Jason Bailey, “I know I speak for the entire SBG family when I say how proud we are to introduce this new all-female marketing team. Anyone who knows me knows that I take our brand very seriously. I couldn’t be more excited to place the next chapter of the SBG story in the hands of Loren, Jen, and Amber. I’m thrilled to see all the great ideas they have come to life.”
BFoA Names 2020 Leadership Awards Recipients. The Broadcasters Foundation of America announces the recipients of the 2020 Leadership Awards that will be presented at the Broadcasters Foundation Annual Breakfast on April 22 in Las Vegas during the NAB Show. This year’s honorees are: Marci Burdick, senior advisor to Schurz Communications, retired; Kim Guthrie, president & chief executive officer, Cox Media Group; Kraig Kitchin, partner, Sound Mind LLC; Weezie Kramer, COO, Entercom Communications; Barbara Kreisman, chief, Video Division, FCC; Leo MacCourtney, president, Katz Television Group. The Broadcasters Foundation will also present the Lowry Mays Excellence in Broadcasting Award during the Breakfast. That honoree will be announced shortly.
Galaxy Media Celebrates 30 Anniversary. Earlier this week (2/12), Galaxy Media Partners celebrated 30 years of service to the Central New York Community. It was on that date in 1990 that Pam and Ed Levine began operation of WKLL-FM, Frankfort in the Utica market with its first studios and offices in the back of a diner. The company added stations in Syracuse in 1993, with additional acquisitions in 2001 and 2007. Galaxy created an events division in 2007 that has grown to encompass all of Central New York and New York State. Also in 2007, Galaxy became the flagship station for Syracuse University athletics and created a sports marketing division. Company president and CEO Ed Levine says, “We are proud to celebrate 30 years of service to the Central New York Community. Pam and I intend to continue to serve the Syracuse and Utica markets for many years to come.”
Beasley Personality Marisa Magnatta Hosts ‘Path to Pro… How to Be a Player in Esports.’ Philadelphia morning show personality Marisa Magnatta is hosting Beasley Media Group’s first ever “Path to Pro … How to be a Player in Esports” live event today from 4:00 pm to 6:00 pm at Nerd Street Gamers in Philadelphia. Esports experts and success stories will take part in panel discussions that will “provide attendees with an ‘insiders’ perspective on esports and the many paths that an individual can take to pursuing a career in professional gaming and what life is like as an elite player in the Overwatch League, as well as explore the different paths one might take to get there.” WMMR-FM personality Magnatta says, “The feedback I’ve received after hosting the first season of ‘FTW Philly’ on NBC Sports Philadelphia has been all over the map…from expert to novice. The most common question I hear is, how do you actually start a career in esports? Our ‘Path to Pro’ event will be the ultimate guidebook for anyone interested in achieving their esports dream!”
The Presidential Race/New Hampshire Primary Top News/Talk Story for Week of February 10-14, 2020. The Democrats battling to take on President Trump in November and the results of Tuesday’s New Hampshire primary were the most-talked-about stories on news/talk radio during the week, landing atop the Talkers TenTM. At #2 this week was the aftermath of the impeachment trial of President Trump. Coming in at #3 was the controversy surrounding Trump’s influencing the sentencing of Roger Stone, and presidential candidate Michael Bloomberg’s 2015 racist stop & frisk comments and race relations 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. See this week’s entire chart here.
TALKERS News Notes. Boston sports talk WBZ-FM “98.5 The Sports Hub” enters into a multi-year partnership with Special Olympics Massachusetts. The collaboration between the Beasley Media Group station and the non-profit “will be instrumental in helping to raise funds, recruit volunteers, and support all major programs, such as the Summer Games, scheduled to take place June 12-14 at the Harvard Athletic Complex in Boston. WBZ-FM program director Rick Radzik says, “It is an honor and privilege to partner with a tremendous organization that makes a difference in the lives of others like Special Olympics. As the leading sports radio station in the country, we believe it’s important to align ourselves with an organization that offers support and inclusion for so many athletes, who otherwise might not have the opportunity to participate. It’s the perfect fit!”…..Podcast producer Cadence13 – part of Entercom’s RADIO.COM – is starting production on a new sports documentary podcast franchise that will explore “a wide range of compelling stories and people from the world of sports.” Season one will focus on the Houston Astros sign-stealing scandal. Season one will be hosted and written by Ben Reiter, the author of the New York Times bestseller Astroball: The New Way to Win it All…..iHeartMedia is expanding the iHeartPodcast Network with more Spanish-language and Hispanic-focused offerings with a slate of podcasts hosted and co-produced by radio personality Enrique Santos, who also serves as chairman and chief creative officer of iHeartLatino. iHeartMedia is launching a multi-year development, co-production, and distribution partnership with multicultural digital audio network, reVOLVER…..Entercom and Univision sign an agreement for all-news WCBS-AM to produce Spanish-language coverage of New York Mets baseball on Univision’s Spanish hits outlet WQBU, New York “Que Buena 92.7.” Entercom New York regional president and market manager Susan Larkin says, “We’re pleased to partner with Univision New York to bring New York Mets games to Spanish-speaking fans. As the unrivaled leader in local sports coverage, we’re looking forward to bringing our premier content to an even broader audience through this
strategic partnership.”…..Condolences to the family and friends of career radio pro George Woods, who died on February 8. During his career, Woods was a talk host at such stations as WOW-AM, KKAR-AM, and KFAB-AM in Omaha and KCMO-AM, Kansas City. During the latter part of his career, he built and operated the multi-format, on-demand internet radio platform Radio George. Woods also served on the board of the non-profit radio organization The Conclave, volunteered for the Bob Woodruff Foundation, and travelled extensively with his wife Nancy Kaywood, who also serves on the Conclave board. She suggests that memorial contributions be made to the Bob Woodruff Foundation in Woods’ name.
FOX News Radio Positions Open. There are three news posts that FOX News is seeking to fill. The first is Overnight Freelance Anchor for FOX News Radio in Washington, DC, Los Angeles or New York City. FOX says, “As a radio news anchor you will work under tight deadlines and deliver top notch newscasts. You have a passion for breaking news and the flexibility to work on a days’ notice.” See more about that position and apply here. The second position is staff producer and news editor for FOX News in New York City. In this position you will supervise the staff for FOX’s network radio news operation, Fox News Headlines 24/7. As the producer/news editor you are editorial leader, working with news anchors to craft the content and structure of a 24/7 news operation. See more about that position here. The third position is Freelance Radio Master Control Operator in New York. For this position the company is seeking a technically strong and motivated operator to provide technical oversight over all FOX News Radio platforms, including FOX News Radio’s terrestrial operation, FOX News Talk and FOX News Headlines 24/7. See more and apply for this position here.
Great Radio Management Opportunity. A broadcast owner has an immediate opening in a Northwest radio market for a general manager who is a self-directed individual with managerial skills, strong sales experience, and organizational talents. Candidate must have an established, result-oriented history. Must be a community-minded individual and possess written and verbal communications skills and leadership direction with the ability to convey to others. The successful candidate must maximize growth of the station while developing overall sales department operations; perform operational tasks; create sales and promotional opportunities; and have a willingness to recruit, hire, train, and support station staff. Must have thorough knowledge of radio broadcast industry. Three years proven sales experience required. B.A. Degree in Broadcast Journalism a “plus.” Successful candidate will be compensated equal to qualifications and performance. EOE. Contact: Radio Northwest, 18925 SW 84th Avenue, Tualatin OR 98062 503.223.6769. Email: kbnp@kbnp.com
Digital Content Producer. At Entercom’s Charlotte cluster consisting of news/talk WBT-AM/FM, sports talk WFNZ-AM/W273DA, and hot AC WLNK “The Link” has an immediate opening for a digital content producer. The company says, “The ideal candidate is an exceptional, quick-thinking multi-tasker with a passion for news, sports, music, entertainment and an ability to thrive in a fast-paced environment to producing top-quality multimedia content for all cluster stations. Responsibilities include, but are not limited to: Research, write, edit, and publish original content for our websites. Ensure all daily content is optimized for SEO. Monitor social media for story ideas. Effectively post to social media to drive engagement and traffic while following company strategy and policy. Execute web initiatives as directed. Work closely with digital content coordinator and other team members to achieve digital goals. Participate in all applicable Entercom training to fully take advantage of tools and best practices. Other duties as assigned.” See more about this position and apply here. EOE.
Thursday, November 7, 2019
iHeartMedia Third Quarter Revenue Rises 3%. Revenue for iHeartMedia, Inc. – whose shares became listed on the NASDAQ on July 18 of this year – was $948.3 million, an increase of 3% compared to the same period in 2018. Digital revenue increased 33.4%. Looking at the first three quarters of 2019, revenue was $2.66 billion – an increase of 2.8% over the same period in 2018. The company says, “Our traditional radio business, which is comprised of our Broadcast and Networks revenue streams, is stable and growing. Broadcast revenue declined by 0.6% on a reported basis and increased 0.4% excluding the impact of political revenue, while Networks grew 9.2% year-over-year driven primarily by growth in our Total Traffic & Weather network. Networks also grew sequentially by almost 300 basis points over the second quarter. Our growth was also driven by our Digital revenue stream, which grew 33.4%. Digital revenue growth was primarily driven by growth in podcasting, as well as other digital revenue. Audio & Media Services declined 14.3% on a reported basis and increased by 0.2% excluding the impact of political revenue. Political revenue primarily impacts our Broadcast and Audio & Media Services revenue, and therefore these revenue streams tend to show greater variance in non-political years. Sponsorships increased by 4.4% year-over-year. Importantly, all of our revenue streams grew year-over-year excluding the impact of political revenue, demonstrating the continued momentum in our business.”
Beasley Broadcast Group Reports Q3 Net Income Up 1.5%. Net income for Beasley Broadcast Group’s 2019 third quarter was $66.1 million, an increase of 1.5% over the same period in 2018 and the company says that “reflects increased revenue in the Company’s Philadelphia, Detroit, Boston, Charlotte, Fayetteville, and Wilmington market clusters. Net revenue for the three months ended September 30, 2019 was comparable to net revenue for the same period in 2018 at the Company’s other market clusters.” For the first nine months of 2019, net income was $189.5 million, an increase of 4.1% over the same nine-month period in 2018. Station Operating Income increased 12.7% year-over-year in the third quarter of 2019. The company says the year-over-year increase is primarily attributable to higher revenue in the 2019 third quarter and lower station operating expenses related to $1.7 million of non-recurring bad debt expense that was recorded in the comparable 2018 period, partially offset by higher
expenses at recently acquired stations. Beasley CEO Caroline Beasley states, “Throughout the third quarter, we continued to advance our revenue diversification initiatives and actively manage our local radio broadcasting and digital platforms, while implementing our operating disciplines at recently acquired stations to drive SOI growth and margin expansion. Record third quarter net revenue of $66.1 million was driven by the strength of our station clusters in four of our top five largest revenue markets, as well as contributions from recent acquisitions and more than offset the approximate $0.9 million of combined political, spectrum and United States Traffic Network traffic revenue recorded in the 2018 third quarter, which did not recur in the 2019 third quarter…Third quarter results also began to reflect financial contributions related to our new and expanding digital development and diversification initiatives. Beasley generated a year-over-year increase in digital revenue of approximately 37%, with digital now accounting for 7.4% of total revenue, compared to 5.4% of total revenue in the prior year period. Going forward, we remain committed to increasing digital share of total revenue as we continue to aggressively roll out our digital transformation strategy across the organization.”
Urban One Third Quarter Net Revenue Basically Flat at $111.1 Million. While third quarter net revenue was up just 0.3%, Urban One’s broadcast and digital operating income was up 3.2% on $44.8 million, compared to the same period in 2018. Operating income was approximately $32.5 million for the three months ended September 30, 2019, compared to approximately $32.1 million for the same period in 2018. Urban One CEO and president Alfred Liggins III says, “During the third quarter we completed the sale of WDMK to Beasley Broadcasting, as a result of which our cash position improved, and net leverage was reduced. On a same station basis, our third quarter radio revenues were up 4.2%, and I was pleased that we were able to grow the Radio Broadcasting segment Adjusted EBITDA by 6.6%. Same station core radio revenues, excluding political, are currently pacing down low single digits for the fourth quarter. Cable Television advertising was robust in the quarter, up 7.8%. While digital revenues decreased by 6.4%, we were able to post significant Adjusted EBITDA growth in that segment as a result of improved cost control. Overall, we were able to grow Adjusted EBITDA by 5.8% for the quarter, and I believe we are well positioned to achieve our strategic goals for the year, with Adjusted EBITDA in the range of $138-$140 million.”
Nielsen Announces Plans to Split into Two Companies. Along with its third quarter financial results, Nielsen Holdings Plc is announcing that it will “separate the Global Media and Global Connect businesses through a spin-off of the Global Connect business.” Global Media is the audience measurement division and Global Connect is the consumer data division. CEO David Kenny says, “We are pleased with our third quarter results. Both Media and Connect revenues were ahead of our expectations, reflecting strong execution as well as our focus on driving faster, bolder decisions to enhance value for Nielsen and for our clients. We also announced today the conclusion of our strategic review and our decision to separate Global Media and Global Connect. As we look forward, we remain focused on executing on our growth strategies and positioning both businesses to create value for our shareholders.” The strategic review was led by chairman of the board of directors James Attwood, who says, “Nielsen has two strong and global franchises — Global Media and Global Connect. Following an extensive review process, which included an in-depth analysis of our businesses, strategies and market opportunities, the Board concluded that separating into two independent, publicly traded companies is the best path to position each business for long term success and maximize value creation. As independent companies, both Nielsen — the Global Media business — and the new company consisting of Global Connect will enjoy added flexibility and further strengthen their paths toward a new phase of growth, productivity and industry leadership.”
Q3 2019 Flat for Saga Communications. Third quarter net revenue for Saga Communications, Inc. was $31.3 million, basically flat compared to 2018’s Q3 figure of $31.7 million. Station operating expense increased $171 thousand to $23.6 million and operating income decreased $520 thousand to $4.8 million compared to $5.3 million for the same period in 2018. Net Income decreased $361 thousand to $3.3 million for the quarter. On a same-station basis, third quarter net revenue decreased $1.4 million to $30.3 million. Looking at the first three quarters of 2019, net income was flat with the same period in 2018 at $9.4 million. Net revenue decreased $610 thousand to $91.3 million. On a same-station basis for the nine-month period, net revenue decreased $3.8 million to $88.1 million. Saga reports having $42.3 million in cash on hand as of November 4, 2019. The company’s total bank debt was $10 million as of the end of the quarter.
PPM Analysis: Public Radio News/Talk. TALKERS magazine managing editor Mike Kinosian presents a look at the performances of radio stations based on data from Nielsen Audio’s October PPM survey, today focusing on the public radio news/talk format. More than 60% of public radio news/talk stations were up (weekly 6+ AQH share) compared to the September 2019 survey. Year-over-year, the results were split about 50/50, with half the stations up and half down. Four high-performing public outlets ranked #1 in their respective markets in October. They were: WAMU-FM, Washington; KPBS-FM, San Diego; KOPB-FM, Portland; and KUT-FM, Austin. Perennially top-ranked public outlet KQED, San Francisco ceded the #1 spot to Entercom’s all-news KCBS-AM, San Francisco in October. See Mike Kinosian’s entire report here.
Sun Broadcast Group to Rep All of Envision Networks’ Products in 2020. This agreement between Sun Broadcast Group and Envision Networks is an expanded sales representation agreement that now includes all Envision Networks shows and services. Envision Networks CEO and president Danno Wolkoff says, “We started with Sun Broadcast
Group selling all of our Spanish inventory and began adding more general market advertising to their networks as we grew. SBG’s ability to maximize our lineups and create networks with such high advertiser demand fueled the development of many new shows and services. It’s only fitting that Jay [Bailey], Julio [Aponte] and the Sun team now represent all of Envision Networks’ advertising sales in 2020 … we’re thrilled to be working together.”
TALKERS News Notes. Greenville, South Carolina news/talk WYRD-FM “106.3 WORD” adds a translator to its broadcast. Now carrying the station’s signal is W270AM, Anderson, South Carolina at 101.5 FM. Anderson is about 25 miles southwest of Greenville. Entercom Greenville-Spartanburg SVP and market manager Steve Sinicropi says, “We’re happy to meet the demand from listeners and advertisers to expand 106.3 WORD’s over-the-air signal to Anderson County using 101.5 FM. Anderson is a fast-growing market that we are looking forward to serving with 106.3 WORD’s programming
on all of our platforms.”…..Kentucky sports talk host Matt Jones will be off his WLAP-AM, Lexington-based program after U.S. Senate Majority Leader Mitch McConnell filed a complaint with the Federal Elections Commission. Jones has announced he’s exploring the possibility of running as a Democrat for McConnell’s senate seat. The iHeartMedia station asked Jones to step away from the program after the complaint was issued. Jones was relieved of his duties at WLEX-TV, Lexington in July after he made his political ambitions known…..Cumulus Media’s Westwood One is presenting a news special titled, “30 Years After the Fall: The Legacy of the Berlin Wall,” that explores the 30th anniversary of the fall of the Berlin Wall. Correspondent Chas Henry hosts the program as he reports from the site where the Berlin Wall once stood. He talks to scholars about why the wall was constructed and with residents who watched it come down. The half-hour program airs Thanksgiving weekend. Stations interested can contact Jim Jones at jimjones@westwoodone.com or 202-840-7933 for more information.
Impeachment Process, Ukraine Affair, 2020 Presidential Race, Tuesday’s Election Results, Mormon Family Massacre, China-Hong Kong Tensions, New HIV Strain, and OK Boomer Meme Among Top News/Talk Stories Yesterday (11/6). The impeachment process against President Trump; the testimony about President Trump’s alleged quid pro quo offer to Ukraine’s Volodymyr Zelensky; the Democrats vying to challenge President Trump in 2020; Democratic victories in Virginia and Kentucky in Tuesday’s elections; the massacre of nine members of a Mormon family by drug cartel members in Mexico; the ongoing tensions between Hong Kong and China; the discovery of a new strain of HIV; and the controversy over the “Ok Boomer” meme 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. In the Fresno market, iHeartMedia names Angel “Visa” Jarquin program director for hip hop KBOS “B95.” He comes to “B95” from his most recent position with the company’s CHR KDON, Monterey where he was afternoon
drive personality and assistant program director. iHeartMedia SVP of programming for Central California and Nevada Tony Matteo says, “Angel’s incredible track record of success and his experience in the format make him an ideal fit to spearhead this market’s leading brand in Fresno. We’re excited to bring his energy to the ‘B95’ team.”…..JVC Media announces the addition of Long Island radio personality Bill “The Wiseman” Wise as morning host at WPTY-HD2/W251BY, Patchogue, New York “Oldies 98.1” JVC New York general manager Bruce Shepard says, “The Wiseman is a great addition to our staff. He will not only be on the airwaves of ‘Oldies 98.1,’ he will also work with the team to develop new and exciting live events and concerts for ‘Oldies 98.1.’ I am thrilled to have him on board.”…..Country outlet WYCD, Detroit hosted last night’s “Stars and Strings Presented by RAM Trucks Built to Serve” event that raised more than $25,000 for Folds of Honor, the organization that provides educational scholarships to spouses and children of America’s fallen and disabled service members. Entercom has now raised more than $275,000 to support the cause. The RADIO.COM event featured performances by Keith Urban, Maren Morris, Lady Antebellum, Kelsea Ballerini, Jon Pardi, Brett Young, and Ryan Hurd…..iHeartMedia’s rock WJRR, Cocoa Beach, Florida announces the all-star lineup for its “Earthday Birthday Number 27” music festival taking place on Saturday, April 18, 2020 at the Central Florida Fairgrounds and Orlando Amphitheater. Performing will be: Shinedown, Halestorm, Theory Of A Deadman, Beartooth, Fozzy, Dirty Honey, New Years Day, Crobot, and Dinosaur Pile-Up, with more to be announced…..Cox Media Group classic hits WSRV, Atlanta “97.1 The River” will celebrate its 14th birthday with “The River’s Rockin’ Birthday Bash Presents: Journey with Pretenders” on Thursday, August 13 at Cellairis Amphitheatre at Lakewood in Atlanta. Station director of branding and programming Chris Eagan says, “We can’t wait to celebrate The River’s 14th birthday with our awesome fans. Journey and Pretenders will definitely put on an unbelievable show to help us party on August 13!”
Thursday, September 19, 2019
Nick Reed Back in PD Chair at KSGF, Springfield, Missouri. News/talk KSGF-AM/FM, Springfield, Missouri morning personality Nick Reed is promoted to program director of the SummitMedia station. Reed joined the station in 2010 as PD and morning host but, for the past several years, has focused solely on his morning show. Now, he again takes on the program director role. SummitMedia Springfield president Janelle Moffett says, “Nick’s insight and years of experience are a great asset to our group. We’re fortunate to have him on our team!” Reed comments, “I am so very happy to be with KSGF under SummitMedia right now. There really is a positive energy underway that made me want to be back in the saddle as program director of KSGF.”
Cumulus Media Announces Pricing of $525 Million Senior Secured Term Loan B. In the process of announcing in the pricing of a new $525 million senior secured term loan B due March 2026, Cumulus Media says that upon the closing of the new term loan (expected next week), it “will have fully refinanced the $1.3 billion term loan that the company assumed upon emergence from Chapter 11 on June 4, 2018.” The new term loan will have an interest rate of LIBOR plus 3.75% with a 1.00% LIBOR floor, issued at 99.5% of par. Proceeds from this issuance, along with cash on hand, will be used to pay down and refinance the company’s existing term loan. Cumulus’ debt will then consist of the $525 million new term loan and $500 million of secured bonds issued in June 2019, representing a $275 million reduction in total debt since emergence. Cumulus says its financial position will be further improved by the lower interest rates and 2026 maturity of the new debt.
Erick Erickson Show Deep-Diving into Georgia Politics. The recently launched, WGAU, Athens, Georgia-based Erick Erickson show reports that it is doing what it intended to do when host Erickson and Cox Media Group first began considering the project – covering Georgia politics. Erickson’s new program is distributed statewide via the Georgia News Network, airing live from 9:00 am to 12:00 noon. The company says, “A month into the new Erick Erickson Radio Show, Georgia political leaders are taking advantage of having a new statewide radio program. In just the last three days, Erickson has interviewed Governor Brian Kemp, Senator David Perdue, and Congressmen Doug Collins and Jody Hice. Collins is the ranking Republican on the House Judiciary Committee and Erickson was able to interview Collins to update listeners on the headline-grabbing proceeding of that committee.”
WOR Live Event to Address ‘Rebuilding NYC’s Skyline.’ Next Wednesday (9/25), the “WOR Live” series at The Cutting Room brings in experts to discuss “Rebuilding NYC’s Skyline: Past, Present & Future.” This event is being moderated by Len Berman, co-host of “Len Berman & Michael Riedel in the Morning” on WOR, New York. Joining Berman at the lunchtime event will be: Gary LaBarbera, president of Bldg & Construction Trades Council NYC; John Murphy, international rep for United Assoc Plumbers and Pipe Fitters; Thomas Hill, SVP of Boston Properties; and Mark Gregorio, president of TEI Group.
TALKERS News Notes. At the “Drive to Digital 2019” conference taking place at London’s The British Library Knowledge Centre on October 30, Beasley Media Group CEO Caroline Beasley will be featured in the “Driving the Digital Dash” automotive portion of the conference. Beasley, along with numerous audio and tech experts from around the world, will share her insights on key automotive technology trends and the impact on radio listening in cars…..Entercom’s RADIO.COM platform is announcing a new, original podcast for New York Yankees fans, hosted by legendary Yankees play-by-play man John Sterling, titled, “Pinstripes & Bright Lights.” The weekly podcast will focus on baseball and Yankees history. RADIO.COM SVP and general manager Pam Russo says, “As part of our ongoing content strategy, we seek to diversify on-demand audio offerings on RADIO.COM, the premiere destination for live and on-demand audio and sports content in the U.S. John is a legendary broadcaster with an unprecedented reputation among baseball fans across the country and we’re looking forward to hearing his insider stories.”…..The nationally syndicated “Around The House with Eric G.” show – syndicated by Envision Networks – is added to the program schedule at Sinclair Broadcast Group’s KVI-AM, Seattle “Talk Radio 570.” Eric G. says, “After spending most of my design career in Seattle, it is good to be back home.”
Iran’s War Threats/Saudi Oil Attack, 2020 Presidential Race, Kavanaugh Allegations, Dems Impeachment Strategy, and New National Security Adviser Named Among Top News/Talk Stories Yesterday (9/18). Iran’s threat of “all-out war” after being accused of responsibility for the attack on a Saudi oil production facility; the Democrats vying to challenge President Trump in 2020; the allegations of sexual harassment against Supreme Court Justice Brett Kavanaugh and criticism of The New York Times’ opinion editor; the ongoing talk of impeachment of the president by congressional Democrats; and the naming of Robert O’Brien as the new national security adviser 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. In Northeastern Wisconsin, Roger Utnhmer is retiring, and his Nicolet Broadcasting is selling its five-station cluster – along with two digital local news platforms – to his sales manager, Bryan Mazur. Nicolet owns adult standards WBDK, Algoma; classic hits WRKU, Forestville; country WRLU, Algoma; WSBW, Ephraim; and translator W277BP, Sturgeon Bay. In a Facebook post, Utnhmer says, “I appreciate the great people who have made Nicolet Broadcasting a successful company. Those include Jeff Wagner in Antigo, Bruce McNeill in Eagle River, Paul Eck in Park Falls and Paul Schmitt and Tim Kowols in Sturgeon Bay. These guys made me look better than I really am… Thank you for being among the best of the best. And now to Bryan Mazur I wish you all success going forward. You are inheriting a very solid staff and one of the most beautiful markets in American radio.”…..Pictured below is Beasley Media Philadelphia air personality Kathy Romano (left) with ABC News and “Good Morning America” chief meteorologist Ginger Zee (right) at the 95.7 BEN FM 3rd annual Her Story Luncheon, held yesterday (9/18) in Philadelphia. Romano is co-host of WMMR’s “Preston and Steve” show as well as the weekly “Her Story” program on sister WBEN-FM. The program showcases dynamic women that are making a significant impact in the community via their business, their charity work or a combination of both.