Tag: "Infinite Dial"
Beasley Q1 Revenue Down 10.3% on Pro Forma Basis. The asset exchange between Beasley Broadcast Group and CBS RADIO last fall makes the financial report for the former less cut and dried, but on a pro forma basis, net revenue was down 10.3%. BBG chairman and CEO George Beasley comments, “On a reported basis, first quarter net revenue from continuing operations rose 87.2% and station operating income increased 92.3%. However, given the required accounting treatment for discontinued operations following last December’s asset exchange, the results exclude the stations we gave up in the transaction. As such, we continue to believe the pro forma presentation, which assumes the asset exchange occurred on January 1, 2014, better reflects the first quarter operating results. On a pro forma basis, first quarter net revenue decreased 10.3% while SOI declined 12.2%. The pro forma revenue decline is primarily attributable to overall market weakness in Charlotte and Tampa-St. Petersburg and softer ad sales at our Wilmington cluster during the first quarter, our reduction in spot units at the newly acquired stations and revenue in last year’s first quarter in Charlotte and Tampa-St. Petersburg related to the CBS affiliation that did not recur due to the change in ownership.” Beasley adds, “In addition to our initiatives during the quarter to extract financial and operating synergies from the asset exchange, we made further progress on debt reduction while returning capital to shareholders. During the first quarter we made credit facility repayments totaling $1.5 million, reducing borrowings to $96.2 million at March 31, 2015 and declared our sixth consecutive quarterly cash dividend.”
CBS Corp. Q1 Revenue Dips 1.9%; Radio Segment Down 7%. Radio is a very small part of the $3.5 billion that CBS Corp. billed during the first quarter of 2015. CBS includes it in the Local Broadcasting segment (along with its television O&Os) and that division’s revenue for the quarter was $596 million, down from $626 million during the same period a year ago (a decrease of 5%). But the radio portion of that sector fared a bit worse, dipping 7%. Operating income for the Local Broadcasting segment was down 10.5%.
Cooke: Moms & Media. Radio consultant Holland Cooke presents this analysis of the Edison Research “2015 Moms & Media” data from that company’s ongoing Infinite Dial project. Cooke reports that, as previous data from numerous research sources has indicated over the years, “Mom is Secretary of the (family) Treasury to-the-tune-of $1.2 TRILLION a year in the USA.” Moms are also tech savvy and their busy lifestyle welcomes new media. Some takeaways from the study include: Mom spends more time per day (3 hrs 7 min) on the Internet than the survey population in general (2:51); 84% own a smartphone (69% last year); vs. 71% total respondents; and 64% of Moms surveyed own a tablet computer (47% last year). For more data, see Cooke’s entire report here.
May’s May 11 Return. Particularly in Los Angeles – perhaps the most commuter-centric market in the country – an on-air traffic reporter can become an integral component of a morning drive ensemble. Numerous notable examples exist in the City of Angels, including Lisa May, who will join the 6:00 am – 10:00 am “Heidi & Frank Show” on Cumulus Media rocker KLOS next Monday (5/11). Program director Keith Cunningham explains, “Lisa May is not just a traffic reporter or female sidekick; she is a radio brand and she is beloved by Southern California radio listeners. She will be doing a lot more than traffic – we can’t wait to get her in the building.” May admits that, “Joining a twosome can be tricky business. Usually you have to set up some ground rules and have a ‘safe word,’ [but] not with Heidi & Frank. That is what makes hooking up with them on KLOS so exciting. There is no telling what’s going to happen.” While her traffic reports the past two-plus decades have been heard on a number of Los Angeles outlets such as KACE, KGIL, KLAC, KMPC, KNX, KPCC, KPWR, and KABC-TV, May is best known for her lengthy tenure with “Kevin & Bean” on CBS Radio alternative KROQ. Among persons 6+ in Los Angeles’ latest Nielsen Audio PPM report (March 2015), KLOS (2.0) and KROQ (2.9) rank #23 and #13, respectively; iHeartMedia CHR KIIS “Kiss-FM” (5.3) leads the market (6+) for the third successive survey (including a February tie at #1 with adult contemporary sibling KOST “Coast 103”).
Howard B. Price Named 2015 Recipient of the TALKERS Freedom of Speech Award. The editorial board of TALKERS magazine has named the ABC Television Network director of business continuity, Howard B. Price, CBCP/MBCI as this year’s recipient of the prestigious Gene Burns Memorial Award for Freedom of Speech. Price is being honored for his vigorous work and pro-active leadership in encouraging, inspiring and teaching the radio and television industries to be prepared to serve the public in times of emergency and crisis. In announcing the naming of Price the recipient of the award, TALKERS publisher Michael Harrison states, “Howard B. Price is an industry hero who inspires us to rise to our highest purpose – and that is to serve and protect the public well-being. He reminds terrestrial broadcasters that they have the potential (and are arguably obligated) to be in the same societal role as first responders such as firefighters, police, emergency medical teams and rescuers of all sorts.” Harrison adds, “As a publisher, I am deeply proud of the numerous articles he has contributed to TALKERS and RadioInfo instructing our readers how to deal with civil unrest, acts of terrorism, and natural disasters such as earthquakes, perfect storms and historic blizzards – all of which have occurred on a seemingly regular basis in recent times. His presentations in print, at conferences and numerous speaking engagements clearly show stations how to stay on the air and mobilize their resources in a positive and productive manner when the community is under siege.” Harrison concludes, “This is a bit of a departure from our usual focus in presenting an industry individual with this award designed to raise awareness of the First Amendment in action – but nothing could be more important for licensed broadcasting facilities than to be able to provide the public with vital information when needed, especially in life and death situations, thus protecting the platform’s reputation and credibility as a place to turn for truth when the chips are down.” Price is a 40-year veteran of radio, television and newspapers, he is a two-time EMMY Award winner, and a two-time recipient of The George Foster Peabody Award. He has worked domestically and internationally as a news producer, assignment editor, bureau chief, reporter and anchor, covering some of the biggest stories of our time, including the 9/11 attacks, the 2003 Northeast blackout and Superstorm Sandy. A certified business continuity professional (CBCP), Howard is charged with maintaining the operational resilience of all ABC News platforms around the globe. He also serves as an in-house consultant to the ABC Owned Television Station Group. Howard holds a bachelor’s degree in journalism from Northwestern University, and an MBA in management and marketing from New York University. A guest lecturer at the Massachusetts Institute of Technology, he has been a featured speaker at numerous professional conferences and workshops (including TALKERS), and a contributor to many trade publications. He is a member of the Disaster Recovery Institute International (DRII), the Business Continuity Institute (BCI), the Association of Contingency Planners (ACP), the Contingency Planning Exchange (CPE), the Northeast Disaster Recovery Information Exchange (NEDRIX), the Society of Professional Journalists (SPJ), the Radio Television Digital News Association (RTDNA) and the National Academy of Television Arts & Sciences (NATAS). Howard is the founder of the website, MediaDisasterPrep.com, and writes its companion blog, MediaDisasterPrep.wordpress.com. Price is fond of telling anyone who’ll listen that events are disasters only if you haven’t planned for them. He can be reached via email at Howard.B.Price@abc.com. Howard B. Price will be presented the Freedom of Speech Award at Talkers New York 2015 on Friday, June 12. For registration, hotel and sponsorship information, please call 413-565-5413.
Dave Ramsey Brings Smart Money Event to Las Vegas. The Smart Money live event from talk radio superstar and best-selling author Dave Ramsey was presented to a packed house at Canyon Ridge Christian Church last night (5/7). He discussed how to win with money, strengthen marriages and lead your children with confidence, working with local affiliate KXNT to promote the event. Financial expert and speaker Chris Hogan joined Ramsey on stage. CBS RADIO Las Vegas vice president of programming Cat Thomas says, “Dave has become a staple in growing our talk audience on the FM dial. Dave is positive, upbeat, real and listeners get that.” During the same visit to Las Vegas, Ramsey also hosted his EntreLeadership 1 Day Event on Wednesday in which he spoke about how to run a business using the same common sense principles that Ramsey practices in his own company of more than 450 team members. Pictured here are (from l-r): Carlos Diaz, co-host of “Carlos and Dayna” on KXNT; Thomas; Ramsey; Maureen Pulicella, general sales manager; and Jerry McKenna, SVP/market manager.
On the Green in Greenwood. Station owner/host Anne Eller (left) of WCRS (1450 AM), Greenwood, SC has been out on The Links at Stoney Point in Greenwood every afternoon this week, broadcasting live from the scene of the Self Regional Classic leg of the Symetra Tour, a tour for professional and amateur golfers seeking to gain their LPGA card. Eller has spent the past few days interviewing both the men and women behind the event, as well as many of the women competing for the $30,000 cash purse, the largest of the Symetra Tour. One of the golfers Eller had on the show is rookie Michelle Piyapattra (right).
TALKERS Weekly Affiliate Update. The Radio America-syndicated “Dana Show” hosted by Dana Loesch announces new affiliate stations: KSEV, Houston; KSGF-AM/FM, Springfield, Missouri; KBYR-AM, Anchorage; KGNC-AM, Amarillo; WVFT, Tallahassee; WYOO-FM, Panama City; KCNR, Redding, California; and WBLF, Johnstown-Altoona-State College, Pennsylvania.
Baltimore Unrest Aftermath Tops Talkers TenTM for Week of May 4-8. The social, legal and political ramifications of the violent protests in Baltimore were the several aspects of the most-talked-about story of the week. At #2 was the entrance of three more candidates into the 2016 presidential race. Coming in at #3 was scrutiny of the Clinton Family Foundation followed by the deadly prophet drawing contest in Garland, Texas at #4. The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. View this week’s entire chart here.
The Infinite Dial 2014. Media consultant and TALKERS contributor Holland Cooke sat in on yesterday’s annual webinar presented by Edison Research and Triton Digital that detailed the results of the 2014 version of the Infinite Dial study. Many results are not surprising: smartphone use is growing rapidly with 61% of Americans owning cell phones – a 500% increase in five years. Although the “digital dashboard” – newer model cars with in-dash infotainment systems – gets a lot of press coverage as new deals are struck between app-makers, service providers and car manufacturers, as of today the smartphone is more important. The study reports 43% of persons 12-24 listen with a smartphone while in the car and 27% of persons 25-54 do the same. Still, AM/FM owns the auto for now and is still the primary source for discovering new music. Read more results from the study and Holland Cooke’s analysis here.
Dana Barrett to Host New Local Show on ‘biz 1190’ in Atlanta. On Salem Communications’ business talk WAFS, Atlanta “biz 1190,” local media personality Dana Barrett debuts a new program dedicated to “a unique look into ‘the business of everyday life’” debuting on Monday, March 10. Barrett states, “Atlanta is such a dynamic business market with an incredible diversity of industries. Healthcare, real estate, entertainment, retail…you name it, we do it here. I want to celebrate and embrace that diversity by talking to the business leaders and entrepreneurs that make our region go.” The daily show will air from 9:00 am to 10:00 am with a repeat from 4:00 pm to 5:00 pm. Program director Aaron Williams adds, “It’s the perfect match for us. As the market’s only station dedicated to business, we couldn’t be happier to bring Dana’s unique knowledge of the metro Atlanta area to our audience.”
Mike Bower Exits ’97.9 ESPN Hartford.’ The afternoon drive program hosted by Mike Bower at Clear Channel’s Hartford sports talk outlet WUCS “97.9 ESPN Hartford” is cancelled and the station is actively seeking a new personality for the daypart. In a message posted on his Facebook page, Bower announces, “Unfortunately The Bower Show’s time on ‘97.9 ESPN’ in Hartford and ‘ESPN Radio 1300’ in New Haven has come to an end. Clear Channel opted to not renew the show but we would like to thank them for giving us the opportunity to talk sports with you every day for the past two years. More importantly, we would like to thank all of YOU…our listeners, for your continued support of The Bower Show.” The Bower Show was the only local daily show on the program schedule.
Rosenthal Promoted at Katz Media Group. With this promotion, Mark Rosenthal – currently CEO of Katz Radio Group – adds the title CEO of Katz Media Group in which he will also oversee Katz Television Group, KMG’s television representation company. The company says that as CEO of Katz Radio Group, Rosenthal will remain focused on building the radio sector, working closely with Katz Radio Group president Mark Gray to drive additional media dollars into radio. Effective immediately though, he will now also work closely with KTG presidents Leo MacCourtney and Craig Broitman to grow and further develop KTG’s assets, advocacy and revenue-generating efforts.
Salem Study: Christian Teaching Listeners Younger Than Perceived. The results of a study by Nielsen Audio commissioned by Salem Communications looking at the make-up of the audience for Christian teaching and talk-formatted radio shows indicates the audience is younger than may be commonly perceived. Half of the listeners to the format are under 55 and are spending 6.1 hours per week listening to stations airing the format. The study also indicates younger listenership is growing. Salem VP, director of spoken word format Phil Boyce states, “There is this perception that these are your father or even grandfathers radio stations, but we found there is a significant pool of younger listeners spending a great deal of time with our CTT format.”
Geoff Edwards Passes. No sooner had we reflected on the life and career of Los Angeles and Bay Area radio personality/television game show host Jim Lange (who succumbed to a heart attack last week) than we must now sadly note the passing of Geoff Edwards. Much like the 81-year-old Lange, Edwards, 83, amassed considerable fame from his Los Angeles radio days and nationally through several game show-hosting stints. Edwards died yesterday (3/5) of complications of pneumonia at St. John’s Hospital in Santa Monica, California. Wink Martindale, Lange, and Edwards toiled together in Los Angeles at the once iconic KMPC. “Geoff was one of the cleverest, funniest radio and television personalities I have worked with,” Martindale states of Westfield, New Jersey native Edwards, who was heard on KMPC from 1968 – 1979. He was also on-air in Los Angeles at KHJ (1964 -1965) and two go-rounds at KFI (1966 – 1968 and 1987 – 1989). According to Edwards’ agent of many years, Fred Westbrook, Edwards succeeded in television by making several bold fashion statements. He favored jeans over suits and his hair was longer than that of most other talents at the time. “He was part of the new breed,” Westbrook comments. Tributes on Facebook regarding Edwards’ death included this observation from renowned voiceover talent/studio audience warm-up announcer/”Price is Right” announcer Randy West. “Geoff was a wonderfully kind and joyous guy, very bright, with a great natural talent for creating joy, both over the air and in person. For me, it was more laughs per hour with Geoff than anyone else since high school. What a pro, what a sweet man, what a character, what a ball. He was loved and respected by everybody. We laughed and giggled every time we were together.” Sonoma Music Group president Michael O’Shea checked in by remarking, “What a shock. Geoff was our 9:00 am – 12:00 noon personality at KMPC. Personable, authentic, real and natural. We played tennis a time or two. This is very sad.” Longtime KOST, Los Angeles on-air personality Ted Ziegenbusch notes that Edwards was, “One of my favorite lunchroom pals. Thanks for the laughter, the stories and the fun. I know you have always enjoyed travel. This journey is the best one ever.” Veteran Los Angeles traffic reporter Mike Nolan comments that he was, “a fan for years, then honored to work with him at KFI, so happy to have called him a friend.” Fellow television game show host Jim MacKrell remarks, “I am deeply saddened by the news of Geoff’s passing. I know of no one in our business with a better reputation and a multitude of friends. I am glad I was one of them.” Edwards’ national television resume includes hosting “Jackpot!”, “Chain Reaction,” “Play the Percentages,” “Treasure Hunt” and “The New Treasure Hunt.” In Los Angeles, he and Meredith MacRae won Emmy Awards for co-hosting the daily “Mid-Morning L.A.” For nine years (1986 – 1995), he co-hosted the California Lottery‘s “Big Spin.” An eyewitness to one of America’s most memorable moments, then-news reporter Edwards was in the basement of the Dallas Police Department on November 24, 1963 when Jack Ruby shot Lee Harvey Oswald, the suspected assassin of President John F. Kennedy. Funeral plans are pending for Edwards, who is survived by his wife, two stepsons, his ex-wife and their three children, as well as nine grandchildren.
Obama vs. Putin/Ukraine-Crimea Intrigue, ObamaCare Criticism, IRS Scandal, Obama Approval Ratings Sink, and 2016 Presidential Race Among Top News/Talk Stories Yesterday (3/5). The political storm in Ukraine and Crimea and how President Obama is handling Vladimir Putin’s moving Russian troops into the region; scrutiny of the Affordable Care Act as the administration announces current health plans can be kept through 2016; Lois Lerner’s refusal to testify in new hearings looking into the IRS scandal; dipping approval ratings for President Obama; and speculation about candidates for president in the 2016 election were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.