Tag: "Hulu"

Radio’s Precarious Financial Position: Are We at the Tipping Point?

| August 15, 2014

By Bill Brady
Futures & Options, Inc.
President/CEO

JUPITER, FL — The recent Wall Street quarterly earnings calls for radio’s publicly traded companies were pretty alarming.  In three quarters radio has gone from slow growth to no growth to negative growth in an astoundingly short period of time.

Those in denial will try to explain it away by blaming it on the Olympics or the World Cup — or because radio is a “mature industry.”

The real worry here is that 15 years of post-consolidation chickens are finally coming home to roost.  Homogenized programming, time-spent listening declines and the decimation of sales departments are now taking their toll.

Corporate radio apologists have been heard to say, “Stop talking about the good old days, get used to the industry as it exists today.”  Well, the truth is, there’s a lot wrong with how radio operates today.

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Wednesday, September 18, 2013

| September 18, 2013

radioshow2013NAB/RAB Radio Show Opens in Orlando.  A delegation of editors, writers and reporters from TALKERS/RadioInfo is on hand at the massive Rosen Shingle Creek Hotel in Orlando, Florida as day one of the 2013 NAB/RAB Radio Show kicks off with a battery of sessions and presentations.  Initial observation of the event indicates a large turnout (official numbers to come) and the discussion of a wide variety ofmhahhnNAB topics covering everything from music label/radio relations to the rise of sports talk radio including programming, marketing, sales and financial issues intrinsic to the radio industry.  The underlying issue of radio’s integration into the digital era remains the prevailing theme of just about every subject being examined and scrutinized.  Interestingly, in spite of the Florida heat and humidity, the crowd is particularly well-dressed in business attire (we take note of these things) indicating a no-nonsense seriousness in terms of the collective industry consciousness and mood on display in the city built by Mickey Mouse.  TALKERS/RadioInfo publisher Michael Harrison will be presenting his annual address at the conference tomorrow detailing 10 problems facing radio and solutions available to the medium in securing its vital pop cultural role in the new digital era.  The address takes place in room Gatlin E2 between 1:30 pm and 2:30 pm on Thursday and is open to all attendees of the show.  Pictured here are (clockwise from top): TALKERS/RadioInfo publisher Michael Harrison, CBS Radio News vice president Harvey Nagler, and H&H Communications president and TALKERS/RadioInfo sales maven Al Herskovitz.

mcvayetalNABTap into Your Star Power.  Earlier this morning at the NAB/RAB Radio Show, Cumulus Media senior vice president Mike McVay (far left) moderated the panel “Tap into Your Star Power and Build Your Brand.”  The panel provided attendees the opportunity to “learn from the experts who, through the power of radio, have successfully branded themselves.”  On the panel with McVay are (from l-r): ABC News Radio White House correspondent Ann Compton; Reach Media nationally syndicated radio personality D.L. Hughley; and Brand Like a Rock Star author Steve Jones.

cookehollandRAIN Summit Coverage.  Radio consultant Holland Cooke covered the RAIN Summit held here in Orlando held the day prior to the beginning of the Radio Show and he reports from the gathering of broadcasters and digital audio practitioners.  Cooke says topics ranged from the ongoing problem of ad insertion to building a digital sales force to the drive to become the destination for listeners using their mobile device for audio entertainment.  Read Holland Cooke’s analysis here.

weei logoWEEI, Boston Wins ‘Best Streaming Broadcast Station’ Award.  At the RAIN Summit – traditionally held each year the prior to the kick-off of the NAB/RAB Radio Show – Entercom sports talk outlet WEEI, Boston was honored with the award for Best Streaming Broadcast Station.  More than 100 services made entries for this year’s RAIN Awards and WEEI bested both WBZ-AM, Boston and ESPN Radio to take home the honor.  Entercom vice president of digital strategy and enterprise platforms Tim Murphy, says, “This recognition centers on the quality of our audio programming at WEEI.  This is a tremendous award for an amazing brand, and our incredible team of talent and producers who do an amazing job covering Boston sports. The entire WEEI team is incredibly innovative at distributing our content through industry leading strategies regarding search optimization, mobile distribution and social engagement.”

cumulus logoLew Dickey Lays Out Digital Strategy.  In a memo to his company (and the media), Cumulus CEO Lew Dickey explains the company’s digital audio strategy with regard to the recently announced partnership with Rdio.  Part of the three-page memo includes the four-pronged plan for digital audio consisting of: on demand, custom playlist, internet radio/non-local radio, and local radio streaming.   With regard to on demand, Dickey states that “people realize that it’s better to rent an unlimited library of content than it is to acquire limited pieces of content — be it music or movies.  Rdio is positioned on the leading edge of this important media trend, enabling consumers to listen and discover virtually unlimited amounts of music on any device with a high degree of social engagement across the Rdio platform.  Think of Rdio for audio as the equivalent of Netflix, Hulu and Amazon all combined for video.  A free or paid subscription to Rdio gives you access to 20 dickeylewmillion songs as well as nearly every new song that is released instantly.  Your iTunes library now becomes obsolete.”  Stating that the custom playlist aspect is Pandora’s only business and that Rdio offers the service, his company will assist Rdio in that.  “We will help add an experienced professional programming element to curation that will further differentiate Rdio from what is Pandora’s singular business.  In addition, Rdio draws from a vast library of 20 million songs – 20x that of Pandora.”  In the internet radio/non-local radio category, Dickey says the best product out there now is SiriusXM – but he calls it expensive and not widely listened to.  “Cumulus will draw upon our stable of iconic brands, content and talent to produce new, exclusive channels and short-form programs that give listeners an unparalleled listening experience on a single digital platform.  Rdio will combine the best of iTunes, Pandora and Sirius in one app that can be accessed on virtually any desktop or mobile device.”  Dickey says Rdio does not currently offer the local station streaming service that iHeartRadio does and his stations will continue their relationship with the Clear Channel service for now.

kassanmichaelAd and Media Expert Michael Kassan to Be Featured on WOR, New York During Advertising Week.  The annual New York City Advertising Week event takes place next week – September 23 – 27 – and Clear Channel’s news/talk WOR, New York will feature content from renowned ad and media expert Michael Kassan, founder, chairman and CEO of MediaLink.  Clear Channel notes, “Kassan will bring his unparalleled understanding of the advertising and media worlds to broadcast and digital listening audiences via WOR 710 AM, iHeartRadio’s WOR station and wor.com via an wor710ongoing series of insightful reports, commentary, updates and interviews throughout Advertising Week, the world’s premier gathering of advertising, marketing and communications leaders.  Among other features, Kassan will host a series of daily Advertising Week previews and updates; exclusive interviews with major media and advertising world figures; and commentary on significant advertising and media topics that emerge during Advertising Week events.”  CCM&E chairman and CEO John Hogan states, “Michael Kassan is one of the most highly respected names in the advertising and media worlds.  His incredibly well-informed reporting will illuminate Advertising Week for WOR listeners, as well as those listening to WOR over iHeartRadio and wor.com, bringing unparalleled insight and depth to the most important issues facing the industry as it prepares to address the future and prepare for its next stage of growth.  We are thrilled to have an expert of this caliber play such a critical role in our Advertising Week lineup.”

tuneinlogoFederated Media Chooses TuneIn for Mobile App.  TuneIn becomes the official mobile app and online audio player for all Federated Media stations including Fort Wayne news/talk giant WOWO and rocker WBYR “The Bear.”  Federated Media owns 15 radio stations in Fort Wayne, South Bend, and Warsaw, Indiana.  TuneIn CEO John Donham states, “TuneIn is constantly focused on giving listeners access to the best content available, no matter where they are in the world.wowo  We are very excited Federated Media has chosen TuneIn as their full digital solution, offering listeners content via mobile, and web.”  Federated Media programming has been available on TuneIn for months, but this new agreement makes TuneIn the broadcast group’s comprehensive digital solution for both mobile and desktop listening.  Every Federated Media station will eschew their existing mobile apps in favor of the free TuneIn Radio app, and Federated Media stations will promote TuneIn on-air.  Federated Media chief strategy officer James Derby comments, “With TuneIn, our listeners can now hear their favorite Federated Media stations at any time, no matter where they are – all through one app.  TuneIn now provides all Federated Media stations additional digital distribution to reach our listeners through over 200 connected devices, ranging from mobile phones and tablets, to smart TVs and cars.”

ramseywflaDave Ramsey in Orlando.  Timing his appearance to coincide with the NAB/RAB Radio Show, nationally syndicated talk show star and New York Times best-selling author Dave Ramsey hosted his “EntreLeadership 1 Day Event” in Orlando on Tuesday, September 17, to a packed house at Chapin Theatre.  Ramsey spoke about how to run a business using the same common sense principles that Ramsey practices in his own company of more than 350 employees. Ramsey joined with local affiliate WFLA, Orlando (WFLF) to promote the event.  WFLA general sales manager Mark Kanak states, “On behalf of all of us at Clear Channel Orlando, it is a genuine pleasure to welcome a legend like Dave Ramsey.  Dave has made an enormous impact on our listeners’ lives and his fans continue to grow.” Pictured above are (from l-r): WFLA PD Jim Poling, Kanak, Dave Ramsey and the WFLA sales team.

Big 2013 Consumer Electronics Show: Big Implications for Radio

| January 11, 2013

By Holland Cooke
News/Talk/Sports Consultant

LAS VEGAS — Remember how iPod changed the way we collect and consume music? Decades earlier, Walkman had already rendered songs portable and empowered the listener-as-DJ. Then Apple obsoleted its own game-changer. As lines snaked around the block, again, for 2012′s iPhone 5 debut, sales of iPod and other mp3 players were plummeting 22%. We now tote our tunes on smartphones…which have also disrupted cameras, GPS, etc., etc., etc.

And again this week, 150,000 attendees here oooh’d-and-ahhh’d at 20,000 new products, many seeking to obsolete last year’s 20,000 shiny objects. That alone makes this a useful trek for radio folk. The CES conversation about what’s-new/what’s-next is a real pump-up compared to the “What’s left?” that haunts too much of radio’s shop talk.

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You’re Fired? Timing is Everything.

| December 11, 2012

By Holland Cooke
Radio Consultant

BLOCK ISLAND, RI — If you haven’t already noticed, you’ve got to see this.  Grab a copy of USA Today.  Any day will do, but it has to be the newsstand hard copy.  No digital version will work.

Radio is reeling from another Clear Channel bloodbath, just in time for Christmas.  It wasn’t the first, it won’t be the last, and it’s not just Clear Channel.  But heartless timing.  The nerve of ‘em.

In the words of Eric Stratton, Rush Chairman: “Let me tell you the story of another loser…”

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Wednesday, July 18, 2012

| July 18, 2012

Merlin Media Ends FM News Operations in New York and Chicago.  Industry watchers are beginning the post-mortem on Merlin Media’s all-news formats at WIQI, Chicago and WEMP, New York after yesterday’s announcement by the company that it is flipping the two signals to classic hits and alternative rock, respectively.  In making the announcement, Merlin president Randy Michaels stated, “It was a difficult decision to make, but after a year of minimal audience engagement, coupled with the format’s inherent expense, I felt it was time to make a change.”  Perhaps the most obvious challenge to the endeavor was the fact that in both Chicago and New York, Michaels’ stations were going up against entrenched news stations in markets that didn’t seem to be crying out for more radio news, primarily because they are already being served by well-respected and well-listened-to all-news outlets.  WBBM-AM/FM, Chicago and WCBS and WINS in New York were tough opponents to challenge in the radio news game – not to mention the public radio stations in both markets that have loyal audiences and dedicate resources to covering local news.  The ratings for the two stations seemed to bear that out.  The initial concept of trying to reach women with a news product fell flat.  TALKERS publisher Michael Harrison told the Chicago Tribune, “When you say, ‘This is for women and here’s what we’re talking about,’ it can come across as insulting.  It’s presumptuous.”  Harrison also told the paper, “To reinvent the wheel, when in fact the wheel is not broken, is difficult.”  He said the station’s focus on stereotypically female topics like cooking, fashion and child rearing also turned off listeners.  There are reports 27 staffers are out in Chicago with a similar number in New York, leaving a host of veteran radio news people looking for their next opportunity this morning.  Meanwhile, another wrinkle to this story pertains to industry rumors and speculation that Merlin had plans to eventually morph its New York and possibly Chicago all-newsers into traditional news/talkers.  The recent addition of Rush Limbaugh to Philadelphia property WWIQ after his departure from CBS Radio‘s WPHT had tongues wagging about the possibility of such a move happening in New York when Cumulus Media‘s contract with Premiere Networks for Limbaugh on WABC ends – especially with Cumulus developing Mike Huckabee (currently airing on crosstown competitor WOR) as a more “civil” alternative to Limbaugh.  This brings up another question: Are the Merlin moves to music just a temporary measure?

Heavy Hundred of Sports Talk Draws Intense Traffic to Talkers.com; Testament to Sports Talk Format’s Popularity.  The recently published Heavy Hundred of Sports Talk – The 100 Most Important Sports Talk Radio Hosts in America, has generated so much traffic to Talkers.com that – at times – navigation on the site slowed to a crawl, forcing the IT staff at Talkers.com to increase the site’s bandwidth to accommodate the visitors.  This massive interest in America’s sports talk radio personalities is indicative of the format’s popularity with both consumers and from within the media industry.  TALKERS VP/managing editor Kevin Casey states, “Sports talk radio is off-the-charts popular in so many markets across the country – reflecting the importance of sports in American popular culture.  The interest in the Heavy Hundred of Sports Talk from people working within the business is one thing, but the attention from consumers of sports talk and the rabid sports blogosphere is astounding.  The passion that exists for the format, the personalities, as well as the games and athletes themselves, shows why this talk radio genre is such an effective marketing tool for businesses at the local and national level.”  The 2012 Heavy Hundred of Sports Talk can be found here.

Cumulus Media’s WPRO, Providence Names Craig Schwalb Program Director.  Craig Schwalb comes to Cumulus Media’s news/talk WPRO and 99.7 (and sister WPRV) in Providence from SiriusXM where he served as senior director of talk programming.  He’s also worked at WKRK, Detroit; WNEW, New York; WRBZ, Raleigh; and EZ Communications, St. Louis.  He replaces Paul Giammarco who recently resigned from the station.  Cumulus SVP Mike McVay states, “We are excited to have Craig join Cumulus.  We want the freshest and best minds in the industry…and he is clearly among the best.”  Speaking about his new opportunity, Schwalb says, “The chance to program one of the country’s legendary radio stations, complete with great talent, a great news presence and great influence in a terrific city was a no brainer for me and my family.  I am looking forward to working with Providence market manager Barbara Haynes and of course John Dickey, Mike McVay, Jim Mahaney, and everyone at Cumulus.”

Recent Affiliate Adds Push America’s Radio News Network Past 300 Mark.  In fact, when combined with the TRN/Washington Times’ “America’s Morning News” program, the affiliate total jumps past 320 for the news programming offered by Talk Radio Network’s ARNN.  The content syndicator notes that recent affiliate additions in Columbus, Ohio; Phoenix; Memphis; Ft. Myers/Naples; Charleston, South Carolina; and others for the five three-hour news block programs are indicative of the strong demand for quality news-oriented radio content.

Talk Host Andrew Wilkow to Host Prime Time Show on TheBlaze.  The online TV network TheBlaze – a digital product of Glenn Beck’s Mercury Radio Arts company – announces SiriusXM talk personality Andrew Wilkow will host a new, one-hour news and talk show to debut later this summer.  TheBlaze says the exact start date and the name of the program will be announced later.  TheBlaze president and chief content officer Joel Cheatwood states, “TheBlaze is building a primetime lineup filled with both established talent and the voices of the future. Andrew Wilkow’s strong independence and ‘no sacred cows’ approach to the news, issues and events of the day are perfect fits for TheBlaze as we continue to expand our programming.”  TheBlaze notes it already produces three hours of prime time shows including “the comedy news show ‘The B.S. of A,’ the reality show ‘Independence USA’ and other programming throughout the day led by Glenn’s show, the news show ‘Real News’ and the kid’s show ‘Liberty TreeHouse.’ The network airs over 35 hours of original programming per week and will soon provide video content on a 24/7 basis.”

Talk Icon Larry King’s Internet TV Show Debuts.  Larry King’s new internet TV show – a 30–minute news and interview show – debuted last night with Seth McFarlane as his first guest.  The program is a joint venture between Hulu and Ora TV.  Ora TV is a digital venture being funded by Mexican media magnate Carlos Slim Helu.  In a statement about the new program, Larry King says, “I have always been driven to innovate, from my time on radio, to the first call-in show on national television to being an early adopter of online columns and Twitter…I love being able to interact directly with audiences and digital TV allows me to do this in new and powerful ways.”  This evening, King’s guest will be Meghan McCain with actor Matthew McConaughey on tap for Thursday’s show.

2012 Presidential Campaign, Summer Heatwave/Crops Threatened, Negative Economic Forecasts, Global Debt Crisis and Financial Markets Activity Among Top News/Talk Stories Yesterday (7/17).  The 2012 presidential campaign; the nationwide summer heat wave and the threat to the corn and grains crops; negative economic forecasts; the global debt crisis and the financial markets activities were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.