Dave Ramsey
Malzberg
Tag: "John Gehron"
Can the Radio Station Overcome Smothering Debt and Become
a Viable Business Again?
Mike Kinosian, Managing Editor
RadioInfo and Talkers
LOS ANGELES — Chalk it up to misreading the economic tealeaves or perhaps to good old-fashioned avarice, but several radio groups have fallen victim to the, “(S)he who has the most toys, wins” hypothesis.
“Winners” managing to run the board in today’s all too real game of Radio Monopoly are rewarded by becoming further ensconced in deeper, darker, debt.
Administer sodium pentothal to a cross-section of radio managers and the overwhelming majority will vociferously state that, owing to its cookie-cutter nature and mounting pressure to deliver grossly unrealistic percentages to the bottom line, the business is no longer fun. Countless executives at high-billing, strong ratings performing outlets have been unduly placed in the gut-wrenching position of laying off personnel and making other vital cutbacks – forced to share the load of paying for what could be considered out-of-control acquisition sins at the corporate level.
Monday, September 24, 2012
Phoenix Programmer Neil Larrimore Joins Speaker Roster at LA New Media Seminar. Sellout Expected by Wednesday. The lineup of outstanding industry speakers scheduled for the forthcoming West Coast installment of the TALKERS New Media Seminar continues to grow as Phoenix broadcaster Neil Larrimore, PD of NewsTalk 550 KFYI and XTRA Sports 910 KGME joins the roster. The total number of speakers for the power-packed, one-day event has now surpassed 50. Seminar organizers state that it will be completely sold out by the end of business on Wednesday – perhaps sooner. According to TALKERS VP/executive editor Kevin Casey, “The venue is intimate and even kind of funky, making for a very relaxed and informal environment – conducive to the kind of communicative and networking environment we hope to achieve. The problem, however, is that unlike industry events that are held in convention centers and big hotels, we are working with a finite amount of seating and space which we are obligated by city regulations not to exceed.” TALKERS New Media Seminar LA is scheduled for Thursday, October 11 between 9:00 am and 5:00 pm in association with the Los Angeles Press Club at the Steve Allen Theater in Hollywood. Because it is open only to working media, there is no online registration — only by telephone. For registration and sponsorship information call 413-565-5413. A detailed up-to-the-minute agenda will be posted here tomorrow.
Greater Media to Sell WPEN-AM, Philadelphia to Harold Camping’s Family Stations. The simulcast of Greater Media’s sports talk WPEN-AM/FM will continue until the deal is complete but Greater Media clearly sees no need to have its “97.5 The Fanatic” heard on both the AM and FM bands. The sale price for the Philadelphia-licensed outlet has not been made public yet. In a statement, Greater Media’s Philadelphia vice president and market manager John Fullam says “Greater Media looks forward to focusing on the growth of ‘97.5 The Fanatic,’ the best sports talk station serving the market and the new home to Sixers and Flyers play by play.”
John Gehron to Leave Merlin Media. As reported by Time Out Chicago’s Robet Feder, radio management and programming pro John Gehron — who serves as the chairman of the advisory board of Merlin Media – will step down from that role at the end of this month. Gehron, who also serves as COO of AccuRadio, tells Feder, “It was a fascinating experience. I worked with some wonderful people.”
WGN, Chicago Moves Dean Richards to Sunday AM Slot. With Tribune columnist and WGN talk host Rick Kogan leaving his radio show to take the PM drive slot at Chicago Public Radio’s WBEZ, WGN program director Bill White announces the station is moving Dean Richards’ Sunday program into the early morning slot held by Kogan’s “The Sunday Papers” program. “Dean Richards’ Sunday Morning” will air from 6:30 to 11:00 on Sundays beginning October 7. White states, “Dean’s show has been a staple on Sunday mornings since 1994, and this new timeslot will give him an earlier start — avoiding sports broadcast pre-emptions — while still airing during part of his longtime timeslot. As a Chicago native, Dean truly embodies the WGN hometown quality and we’re excited to expand the show.” Addressing Kogan’s new role on WBEZ, White says, “Rick is a true Chicago legend and has been a mainstay on WGN for the past 13 years. We expect him to have a great experience in his new endeavor, but the door is open for future projects down the road at WGN.”
Three Steps to Digital Power. Digital media consultant Chris Miller says that part of radio’s beauty is that it is the original targeted medium and radio brands can use their digital components to even further capitalize on the value of radio’s targeted nature. Miller states, “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.” But Miller believes there are three steps stations should follow to effectively work the digital medium: build for it, commit to it, and train for it. Read Miller’s entire piece here.
Dave Ramsey’s EntreLeadership 1 Day Event Simulcast to 200-Plus Locations. Nationally syndicated financial talk radio star Dave Ramsey presented his EntreLeadership 1 Day Event live from the People’s Church in Franklin, Tennessee last week. The program included author Jon Acuff and speaker Chris LoCurto, speaking about how to run a business using the same common-sense principles that Ramsey practices in his own company of more than 300 employees. This particular presentation was also simulcast to more than 200 additional locations across the country. The Dave Ramsey show reports that flagship station WWTN, Nashville “SuperTalk 99.7 WTN” reaped big benefits. Station GSM Timothy Meagher states, “It’s a win for our clients by providing an excellent business-to-business marketing opportunity at the event; it’s a win for our listeners by providing a great way to learn and be educated on sound financial principals from Dave and his team; and it’s a win for ‘Super Talk 99.7’ by providing a solid branding opportunity in the market for our community of listeners and station brand.”
Alex Cohen Replaces Madeleine Brand on SCPR Talk Show. Southern California Public Radio announces personality Madeleine Brand exits the 9:00 am to 11:00 am talk shot she co-hosted with A Martinez to pursue other
professional endeavors. Her spot on the show will be filled by Alex Cohen who has been serving as KPCC, Pasadena’s anchor for the afternoon block that includes “All Things Considered” and “Marketplace.” Vice president of content Russ Stanton says, “We are very fortunate to have in Alex a co-host with the combination of news judgment, experience and a lively, energetic on-air presence. She has a range of experience in public broadcasting and journalism that few can match; she is smart, tenacious and insightful.”
Pasta Promotion. The 29th Newsradio 1020 KDKA Spaghetti Breakfast was held on Friday, September 21 in downtown Pittsburgh. Thousands of Pittsburghers stopped by the annual hosted by the CBS Radio station event to feast on spaghetti before continuing on to work. Pictured here at the serving line are (from l-r): KDKA personality Vinnie Richichi, County Executive Rich Fitzgerald, Ernie Ricci and KDKA talk show host Mike Pintek.
Wednesday, June 6, 2012
Dave Ramsey Has More Than 1 Million Friends. Really! Facebook has more than 900 million users worldwide and 1 million of them count nationally syndicated talk superstar Dave Ramsey their friend. With all those friends and more than 400,000 Twitter followers, Ramsey’s organization says, “Not only are they seeing the value in Dave’s message on social platforms, but the web as a whole as ‘The Dave Ramsey Show’ is among the top 25 of all iTunes podcasts and the number one podcast in the business section.”
“The Future of Audio” the Focus of House Subcommittee Hearing; Cross-Ownership a Major Topic. Today’s hearing before the House Subcommittee on Communications and Technology will center around four topics: broadcast radio ownership caps, low-power FM, FM chips and royalties. Among the witnesses scheduled to testify are Emmis CEO Jeff Smulyan, Commonwealth Broadcasting president, CEO Steven Newberry, Pandora founder Tim Westergren, and RIAA chairman and CEO Cary Sherman. A committee memo states, “This hearing will examine how advances in communications services and consumer electronics equipment are affecting the distribution and consumption of audio content.” There is again movement among Republicans to eliminate or relax the cross-ownership regulations in light of changes in technology and how they affect competition. Also, more arguments over performance royalties are expected to be raised at the hearing, especially with Clear Channel‘s groundbreaking record industry news announced yesterday (see next story).
Clear Channel Creates Groundbreaking Relationship with Big Machine Label Group. This is purely a music radio story but still has the potential to reverberate throughout the entire radio business. Clear Channel Media and Entertainment is the first broadcast company to strike a deal with a label group that pays the label (and hopefully the artists as well) a performance royalty for music aired on terrestrial radio stations. The two sides did not release specific numbers but Big Machine Label Group produces recordings for artists including Taylor Swift, Tim McGraw, Rascal Flatts, Edens Edge and Ella Mae Bowen and Valory Music Co. artists Reba McEntire, Justin Moore, Brantley Gilbert, The Mavericks and Thomas Rhett. Clear Channel CEO Bob Pittman says of the Big Machine Label Group president and CEO, “Scott Borchetta has reinvented the music business in many important ways over the years, from distribution and artist development to promotion and advertising. Focusing that same creativity on how best to grow the music business, Scott has developed this new model with us to let his labels and artists participate in the revenue of broadcast radio immediately and in digital radio as it builds. This is a big step, but we think this investment is an opportunity worth taking to align our interests in all of our revenue streams and grow digital listening to its full potential with record labels and their artists as our partners. This landmark agreement creates a structure that makes sense for both our companies, but most of all for music fans.”
Cumulus Media Announces Tony Mascaro Named WABC, New York Operations Manager. Confirming what TALKERS reported on Monday, June 4, Cumulus Media makes official the announcement that CHR WPLJ-FM, New York operations manager Tony Mascaro takes the same title for sister news/talk WABC, New York.
WBZ, Boston Overnight Host Steve LeVeille to Retire. The 57-year-old host of the overnight talk show on CBS Radio‘s WBZ, Boston announces his decision to retire at the end of next week after 13 years hosting the show and 21 years with WBZ. “This is a quality-of-life decision for my wife, Diane, and me. We have been making moves during the past number of years to be able to do this without any particular date in mind. We have just reached a point where we said the time is right now. After spending most of our weekends and vacation time in Maine for the last 15 years we are looking forward to making it our year round home.” Steve LeVeille is a native of the Boston area and was familiar with WBZ NewsRadio as a teenager saying, “I grew up in the Boston area listening to Larry Glick on WBZ. And as cliché as it sounds, it was the dream of a teenager to do the overnight show on WBZ and I am proud to be able to retire from that position.”
Dan Dibley Signs on With Entercom’s San Francisco Sports FM for Another Year. “The Rise Guys” morning drive co-host Dan Dibley extends his deal with Entercom‘s KGMZ-FM, San Francisco – 95.7 The Game. Dibley co-hosts the program with Whitey Gleason and Mark Kreidler. Program director Jason Barrett states, “Dan is a big reason why The Rise Guys are the best sports radio morning show in the Bay Area. His energy, passion, sense of humor and work ethic define what the Bay Area’s ‘New Sound for Sports’ is all about.” Prior to joining KGMZ-FM in May of 2011, Dibley served as executive producer at crosstown KNBR.
Merlin Media Changes Blagojevich Billboards in Chicago. The two billboards you see here are before-and-after versions of the outdoor campaign employed by Merlin Media‘s all-news WIQI-FM – FM News 101.1. After the company put up about 200 of the billboards in the Chicago area, attorney Sheldon Sorosky (who represented
former Governor Rod Blagojevich in his corruption trial) contacted Merlin notifying the company the billboards may violate an Illinois law that prevents one’s image from being used for commercial purposes without permission. Merlin’s John Gehron tells Crain’s Chicago Business they made the move because, “Listeners were concerned that we were insensitive and we wanted to be responsive.” At the same time, Gehron tells Crain’s the campaign has been positive for the fledgling all-news outlet, “It’s done well and it’s gotten some nice talk.”
WTOP, Washington Reporter Shoved by DC Council Chairman. This was no aggressive push but observers say District of Columbia Council Chairman Kwame Brown, after being asked a question by WTOP, Washington reporter Mark Seagraves, pushed the reporter up against a wall with enough force “to send a message” while saying, “No questions.” Seagraves was asking Brown about a report by another media outlet that federal investigators have revealed part of their case against him involving campaign wrongdoings.
Wisconsin Recall Election, 2012 Presidential Race, Jittery Global Financial Markets and Sandusky Trial Among Top News/Talk Stories Yesterday (6/5). The recall election in Wisconsin between Republican Scott Walker and Democrat Tom Barrett and its impact on the future of public sector unions; the 2012 presidential campaign; the state of the world’s financial markets; and the looming trial of former Penn State coach Jerry Sandusky were some of the most-talked-about stories on news/talk radio yesterday.
Kings of L.A. With the Los Angeles Kings on the brink of their first NHL Stanley Cup Championship (the Kings lead the New Jersey Devils 3-0 with game 4 tonight) Clear Channel‘s KLAC, Los Angeles – AM 570 Fox Sports L.A. – is enjoying the ride. Pictured here is a scene from the station’s live broadcast from L.A. Kings fan-fest at L.A. Live, adjacent to the Staples Center arena. “Petros & Money” broadcast their show live from the event and here you see Matt “Money” Smith (l), Kings broadcaster Jim Fox (c) and NHL great Luc Robitaille (r) on stage.
Friday, May 4, 2012
CNN Ratings Cause for Concern at Headquarters. The executives at Time Warner and subsidiary CNN/U.S. are displeased with cable news/talk channel CNN’s performance in the April Nielsen ratings after much time and money has been spent tweaking the programming there. The New York Times’ Brian Stelter reports that sources say Time Warner CEO Jeffrey Bewkes has made his dissatisfaction with the channel’s performance known to his subordinates. Over the past 18 months CNN has made numerous programming changes including replacing Larry King with Piers Morgan in the 9:00 pm ET slot; the addition of Soledad O’Brien as host of the morning show; and a new 7:00 pm ET show with Erin Burnett. CNN has long stated publicly that it delivers a unique news product around the clock with which advertisers like being associated. In fact, the entire CNN unit (including other domestic and international channels) is poised to make a record $600 million in operating profit this year. The company issued the following statement in response to reports about the April ratings. “Despite the perennial ratings stories and quotes from anonymous sources, CNN continues to deliver quality journalism which is uniquely valuable to audiences, advertisers and distributors. In fact, CNN is on track to deliver its highest profits in its history and continues to reach more people on more platforms than any other TV network.” Still, as Brian Stelter writes, “Performance of CNN/U.S. drives public perception — and employee pride — and declines there may gradually damage CNN’s networks as a whole.” TALKERS publisher Michael Harrison adds, “CNN would probably do better in both ratings and revenue if they stopped obviously competing with Fox News Channel and MSNBC in trying to be entertaining and opinionated concentrating, rather, on really being journalistic on a level not seen for years on American television. There is an opening in the marketplace for such a product a mile wide and a deep need and hunger for it by a significant segment of the public.”
CC Media Holdings Reports Q1 Revenue Hike of 3%. That 2012 first quarter revenue increase comes as CC Media Holdings posts $1.36 billion in revenue compared to the $1.32 for the same period a year ago. Clear Channel Media and Entertainment – which excludes the parent company’s outdoor divisions – was up 6% or $39 million compared to the first quarter of 2011. CC Media Holdings CEO Bob Pittman states, “Since the start of 2012, we have continued to invest in our rapidly growing digital products and services, while strengthening our operations to better serve our marketing partners and our consumers. We have enhanced our ability to help our partners take advantage of the unique size and scale of our media, entertainment and outdoor assets, with a particular focus on multi-platform solutions that no other company is able to deliver.”
KTRS, St. Louis Officially Announces Martin Kilcoyne Midday Host. Monday’s story announced CH Holdings’ KTRS, St. Louis was parting company with midday talk host JC Corcoran and would replace him with KTVI-TV, St. Louis sports director Martin Kilcoyne. The station makes that official with general manager and partner Mark Dorsey stating, “Martin is a proven broadcaster, both in television and radio, and KTRS looks forward to bringing his personality, wit and opinions to the airwaves.” Kilcoyne will assume the 12:00 noon to 3:00 pm show beginning Monday, May 14. He says of his new gig, “I am thrilled to have an opportunity like this. I’m a sports guy, but I love to talk about all things. The plan is to have a show that St. Louis will find lively, topical and fresh. I’m not Ted Koppel, but I’m also not Ted Baxter.”
First Quarter Positive for Salem Communications. The first quarter of 2012 has been pretty good for Salem Communications and subsidiary Salem Broadcasting. The parent company is reporting an increase of 6.1% on revenue of $54.3 million compared to the same period one year ago. On the broadcasting side, Salem is up 2.9% on revenue of $44 million. Broadcasting still makes up the bulk of Salem’s revenue but digital continues to perform well rising 33% over the same period in 2011 on revenue of $7.4 million. The company is bullish about Q2 projecting a revenue increase of a couple percentage points with a total revenue goal of more than $55 million for the quarter.
Legal Battle May Ensue Over Merlin Media’s Blago Billboard. This billboard pictured here is one of several purchased by Merlin Media in the Chicago area promoting all-news WIQI-FM – FM News 101.1. Crain’s Chicago Business reports Merlin consultant John Gehron commenting on the marketing campaign saying, “We wanted to have something that we thought would be fun and get people’s attention.” And apparently it has. Attorney Sheldon Sorosky, who represents former Illinois Governor Rod Blagojevich – currently serving a 14-year prison sentence for corruption – says the use of Blagojevich’s image may violate an Illinois law prohibiting one’s image from being used for commercial gain without one’s consent. Sorosky tells Crain’s it’s called the Right to Publicity Act and it states, “A person may not use an individual’s identity for commercial purposes during the individual’s lifetime without having obtained previous written consent from the appropriate person or persons.” Sorosky says they have not decided whether to take legal action or not at this point.
Ric Edelman Celebrates 20 Years on the Radio This Weekend. Nationally syndicated talk show host Ric Edelman, host of “The Truth About Money with Ric Edelman,” marks 20 years on the radio with his broadcast this weekend. Edelman, an award-winning financial advisor, heard along with financial advisors Brandon Corso and Anderson Wozny, is heard in 56 markets including on WABC, New York; WLS, Chicago; and WMAL-AM/FM, Washington, DC. He says, “It is a genuine privilege to do this show. As I always say, ‘Money doesn’t come with instructions,’ so I’m honored for the opportunity to share my knowledge with so many listeners from across the country.” Edelman, a member of TALKERS 2012 “Heavy Hundred,” is also seen on public television across the country as his TV program of the same name is in its second season.
Pamela Furr to Join New Atlanta All-Newser. Talk show host and news anchor Pamela Furr confirms via Facebook that she’s headed to Atlanta to become part of the Cumulus Media FM all-news outlet slated for WYAY-FM in a few weeks. The company has confirmed it will turn the outlet into an all-news station soon and obviously has begun hiring. Furr most recently worked full time at Clear Channel’s WPTI-FM, Greensboro-Winston-Salem as co-host of the morning drive show. She’s been freelancing doing news at CC’s WRDU-FM, Raleigh the past few weeks.
Atlanta Business Chronicle to Provide Content for Cumulus’ “All News 106.7.” When Cumulus Media flips the switch on WYAY-FM, Gainesville, Georgia turning it into “All News 106.7,” the Atlanta Business Chronicle will provide exclusive business updates at :20 and :50. In a statement, Cumulus co-COO John Dickey says, “Our partnership with the Atlanta Business Chronicle is consistent with our mission of bringing the most credible news and information to Atlantans 24 hours a day, seven days a week. ABC is the definitive business news brand in Atlanta and 106.7 will be the definitive radio news and information brand in Atlanta.” ABC publisher Ed Baker states, “It’s exciting that intelligent Atlantans are finally getting a much-needed all-news format. We’re very excited to be a part of something new and different. Quality business reporting is more important than ever and this partnership will allow us to deliver something special to our community.”
Cumulus Brings Celebrity News Blogger Perez Hilton Aboard for Nightly Radio Show. At the same time the company announces that the new “Perez Nights Live” will replace Dial Global’s “Billy Bush Show” on stations where it airs and expects the show to debut on about 50 affiliate stations. “Perez Nights Live” will feature Perez Hilton and co-host Adam Bomb and will consist of celebrity news chatter and music. Cumulus co-COO John Dickey states, “Successful contemporary stations all have one thing in common: They keep their listeners on the cutting edge of music and pop culture. Leading stations in our business set trends. Perez doesn’t report on pop culture, he is pop culture. ‘Perez Nights Live’ will take the important evening daypart and turn it into a brand enhancing experience.”
2012 Presidential Race Lands Atop Talkers TenTM for Fifth Straight Week. The 2012 presidential campaign was again the most-talked-about story on news/talk radio during the week of April 30 – May 4, according to ongoing research from TALKERS. The race barely beat the case of Chinese activist Chen Guangcheng which landed at #2 followed very closely by President Obama’s Afghanistan visit and the government’s release of Osama bin Laden documents tied at #3. The shocking death of retired NFL star Junior Seau came in at #4. The Talkers TenTM is a chart of the top stories and people discussed on news/talk radio during the week and is published each Friday at Talkers.com. View the entire chart for this week here.
TALKERS Weekly Affiliation Roundup. The “At Home with Bob Vila” feature from Compass Media Networks debuted this week on such signals as KOGO-AM/FM, San Diego; WTKK-FM, Boston; KMJ-AM/FM,
Fresno; KFNN, Phoenix; and KVON, Napa, California…..Courtside Media Group’s “One Minute Clinic with Dr. Drew” is being aired on Hubbard Broadcasting’s WTOP-FM, Washington…..“The Small Business Advocate with Jim Blasingame” is picked up by WZFG, Fargo; WHTX, Youngstown; and WGGH, Marion, Illinois….. “The Doctor’s Orders Radio Show” with Dr. Kipp Van Kamp is added to WTKI-AM/FM, Huntsville, Alabama and WEKI-AM/FM, Decatur, Alabama.
Profiling Courage. That’s KIRO-FM, Seattle talk show host Dave Ross (r) pictured with Sgt. Leroy Petry (l). Ross recently interviewed the Medal of Honor recipient for inclusion in the Memorial Day radio special “A Grateful Nation” – a one-hour program produced by the Fisher House Foundation and distributed by Premiere Networks. Sgt. Petry is an Army Ranger who lost his hand while saving two comrades after he grabbed and tossed an enemy grenade during a battle in Afghanistan.
