Tag: "Joseph Hannan"

Wednesday, June 22, 2016

| June 22, 2016

cumulus logoCumulus Makes Change at CFO Role; Abbot Succeeds Hannan.  There has been chatter in the industry lately about looming personnel changes in the corporate tier at Cumulus Media and now the company reveals a new face in the chief financial officer post.  John F. Abbot is appointed executive vice president, treasurer and chief financial officer effective July 1.  He replaces Joseph P. “J.P.” Hannan, who the company says resigned his position after six years in order to pursueabbotjohn other interests.  Hannan will assist the company for several months to ensure a smooth transition.  Abbot comes to Cumulus from his most recent position as EVP and CFO of Telx Holdings Inc., a provider of connectivity, co-location and cloud services in the data center industry.  Abbot’s experience also includes spent as EVP/CFO for cable’s Insight Communications Company, Inc. and as managing director for the Global Media and Communications Group of the investment banking division at Morgan Stanley.  Abbot says, “I am excited to join Mary [Berner] and the senior leadership team at this important juncture in the company’s evolution.  I join Cumulus with an appreciation for the headway that has already been made around the company’s four key strategies as well as a keen understanding of the challenges and opportunities that lie ahead. I look forward to using my skills and experience to help maximize value as we work to deliver on the turnaround.”

Day One of FAIR’s Immigration Radio Row Underway.  This year’s “Hold Their Feet to the Fire” radio row in Washington, DC is the ninth annual such event and this Federation for American Immigration ReformcarsonrobFAIR16 production is comprised of 50 talk show hosts from all over the country broadcasting their shows and suttongarydebating immigration policy while interviewing members of congress, law enforcement officials, experts, activists and citizens who live along the border.   FAIR says that “this year’s event will focus on the aftermath of President Obama’s amnesty and his continued abuse of executive power, the GOP’s internal battle over how to tackle immigration and the ongoing border crisis with its implications for national security risks.”  TALKERS magazine publisher Michael Harrison is at the event today speaking with hosts about talk radio’s role in the national discussion ofmarrtomFAIR16 immigration issues.  He reports back that “it’s very apparent from the very beginning of this event that daneHarrison16there is a more thoughtful attitude toward immigration reform among the hosts and expert guests this year.  It seems to be understood that, even among Republicans and conservatives, there are many points of view with regard to the issues surrounding the security of our nation’s borders.”  Pictured here at today’s event are some of the talk show hosts taking part in day one – Rob Carson from KCMO, Kansas City; Gary Sutton from WSBA, York; and Tom Marr from WCBM, Baltimore.  At bottom left are Michael Harrison (left) and FAIR’s Bob Dane (right).

weei logoWEEI, Boston Parts Ways with Evening Personality Mike Adams.  Longtime WEEI, Boston personality Mike Adams – host of the evening “Planet Mikey” show on Entercom’s sports talker – exits the station after almost 11 years in the daypart.  The Boston Globe’s Chadadamsmikey Finn reports that Entercom Boston VP and market manager Phil Zachary did not cite ratings or any other specific measuring stick regarding the decision to change the evening show, but said, “We made a tough call on Mike but, at the same time, we feel there are some innovative opportunities we’d like to explore over the next few months.  As you know, WEEI has extensively – and successfully – revamped every major weekday show over the last three years.  The time is right to extend that thinking to nights.”  During baseball season, Red Sox baseball airs in the evening daypart most nights, so the station has some time before unveiling anything permanent.  Read Finn’s Globe piece here.

The Presidential Race, Former Secret Service Agent’s Clinton Book, ‘Brexit’ Vote, Battle Against Islamic State, Orlando Massacre Investigation/Gun Legislation, and Olympics-Zika Virus Concerns Among Top News/Talk Stories Yesterday (6/22).  The activities of the candidates for president; former Secret Service agent Gary Byrnes’ tell-all book about the Clinton White House; tomorrow’s vote by Britons on whether to leave the European Union or not; the ongoing military campaign to fight Islamic State in the Middle East and the charge domestic authorities face in preventing attacks in the U.S.; the ongoing investigation into the events at Orlando’s Pulse nightclub massacre and the attempts at gun legislation changes in Washington; and the increasing number of athletes choosing not to compete in the Rio de Janeiro Olympics over concerns about the Zika virus were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Fashion Figure Mark Weber to Host WABC, New York Weekend Show.  This Saturday (6/25) is the debut of the new weekend program “Always in Fashion” on Cumulus Media’s WABC, New York.  Hosted by fashion industry business leader Mark Weber, WABC says, “The one-hour weekly business talk program featureswebermark luminaries from fashion’s most successful and innovative brands.  Weber and his guests share insights from the heights of the glamorous, fast-paced and highly competitive business of fashion in an exciting, engaging and highly entertaining talk format.”  The show is airing on 77 WABC at 10:00 pm ET.  Weber says, “Throughout my entire career I worked and commuted to New York City.  77 WABC was my pre-set on my radio and people like Don Imus and Michael Savage are my role models.  I listened and learned from these storytellers, and now I have my own stories and lessons that can teach, inspire and entertain listeners interested in business and fashion.  I am thrilled to be on the air at 770 WABC!”  WABC is the first station of a planned syndication rollout through KMG Networks, a division of Krantz Media Group, in association with Sungate Partners, Inc.

More Murrow’s to Announce.  Yesterday, TALKERS magazine wrote about a number of winners of Edward R. Murrow Awards bestowed in 2016.  Here are a couple of more: For the fourth year in a row, CBS Radio News winscbsradionews logo the Murrow award for “Best Newscast.”  The RTDNA recognizes excellence in numerous categories.  This award is for CBS’ “World News Roundup” from June 19, 2015, covering the wbbmlogoaftermath of the Charleston church shootings.  The first section of the broadcast was anchored from Charleston by CBS EVENING NEWS anchor Scott Pelley.  It was a comprehensive look at the investigation, the suspect, the victims and how the city was coping.  The rest of the broadcast was anchored from New York by CBS Radio News anchor Steve Kathan and covered the Colorado movie shooting trial wbz logoand the manhunt for two escaped prisoners in Northern New York.  Also, CBS RADIO O&O WBZ-AM, Boston – in the Large Market category – received the top honor for “Best Newscast” for its morning report, which included updates on the 2015 snow storm.  The company’s WBBM-AM, Chicago was awarded “Best Breaking News Coverage” for its continued coverage following the public release of the video capturing the shooting of Laquan McDonald.

gracies logoWABC’s Joan Hamburg Honored with Lifetime Achievement Gracie.  The 41st Annual Gracie Awards Luncheon took place at Cipriani on 42nd in New York yesterday (6/21).  The ceremony was presented by The Alliance for Women in Media Foundation.   Host Robin Meade led the program alongside presenters BeverlyhamburgjoanAlda16 Bond, Emme, Erica Hill and Ginger Zee.  The Gracie Awards were presented to honorees which were previously announced on March 21 in recognition of their successes in the media industry.  Lifetime Achievement Honoree Joan Hamburg was presented her award by close friend Alan Alda (pictured at right).  Ginger Zee was not only a presenter but an acceptor for Good Morning America’s win for Outstanding Talk Show- News.  In presenting Hamburg with her honor, Alda said, “In a media industry where talk radio is overwhelmingly dominated by men, Joan is a woman’s voice that is graceful and lively but authoritative.”  As part of the program, Canadian singer/songwriter Ruth B performed her viral hit “Lost Boy” and her unreleased single “In My Dreams.”

Odds & Sods.  According to a report in the New York Daily News, radio personality Zev Brenner was hit with a fine of $2,500 and will serve a year’s probation for failure to file income tax returns.  Brenner hosts an online radio show.  He was previously with WMCA, New York hosting his “Talkline” program.  The Feds charged Brenner with failure to file for tax years 2003 through 2011.  He’s already paid $63,764 in restitution…..The audio of NBC Sports Radio – the NBC Sports Group/Westwood One joint venture – is now available for live-streaming via Apple Music.  NBC Sports Ventures SVP Rob Simmelkjaer says, “Now, through Apple Music, with its broad reach andgreshamHannah16 immediate availability, NBC Sports Radio content is even more accessible.”…..Lisa Gillespie joins Louisville Public Media’s WFPL, Louisville as the station’s health and innovation reporter.  She was most recently working in Washington for Kaiser Health News.  Her beat with WFPL will be public health and health care policy…..Pictured here is nationally syndicated “Gun Talk” host Tom Gresham (right) with the host of television’s “Into the Wild,” Jack Hanna (left).  The two appeared at the Professional Outdoor Media Association’s annual conference in Kalispell, Montana where Hanna spoke about the role of hunting in conservation and his belief that hunters are the original conservationists.

Wednesday, April 22, 2015

| April 22, 2015

nielsen logoNielsen Announces Q1 Financials; Revenue Up 4.4%.  In announcing the numbers for the first quarter of 2015, Nielsen N.V. reports revenue was down 2.1% due to the impact of foreign exchange, but up 4.4% on a constant currency basis, compared to the first quarter of 2014.  CEO Mitch Barns states, “Nielsen’s first quarter results again illustrate the consistency of our business model and strong execution, with 4.4% total company and 10.0% emerging markets revenue growth on a constant currency basis.  These results reflect the 35th consecutive quarter of constant currency revenue growth.  In addition, we were pleased to raise our quarterly dividend 12%, as we continue to deliver on our commitment to drive ongoing shareholder value.”

rudymaxasworldSSI’s Bob and Mary Carey Host Rudy Maxa’s World Travel Show from Iceland.  Telling us that he guest hosts the program about every six weeks, Syndicated Solutions Inc. president Bob Carey says the latest show he co-hosted with his wife Mary was from the hot new destination – Iceland.  Carey’s company syndicates the “Rudy Maxa’s World” weekly travel show.  Among the things Carey discovered about the unlikely tourist destination of Iceland is that geothermal energy and technology make Iceland an ideal place to grow hothouse fruits and vegetables and that The Blue Lagoon geothermal health and wellness spa is becoming a popular destination for American and Canadian travelers who can get there in five hours from the East Coast of North America.

Odds & Sods.  WTOP, Washington Capitol Hill correspondent Dave McConnell was honored at the Capitol for his many decades of journalistic service.  McConnell was recognized by Congresswoman Eleanor Homes Nortonmcconnelldave by being entered into the Congressional Record.  Senate Majority Leader Mitch McConnell and Senator Mark Warner also delivered thank you speeches in his honor.  McConnell recently celebrated his 50th anniversary with the station.  McConnell can be heard live each weekday morning and afternoon, just steps from the House floor, in his hourly “Today on the Hill” segments…..CBS RADIO all-news KNX, Los Angeles will present a special program on the high cost of housing in Southern California on Thursday (4/23).  The station says that “not only can fewer people afford to buy a house, LA has become one of the most unaffordable rental markets in the country.  Add it up and it makes finding a place to live near your job unlikely and often prevents employers from attracting the most qualified candidates.”  The show will feature special expert guests and will be hosted by KNX anchor Tom Haule and chief investigative reporter Charles Feldman.

cumulus logoNo Performance Bonuses for Cumulus Media Executives This Year.  The Compensation Committee of Cumulus Media, Inc. awarded no annual incentive compensation nor long-term incentive awards to Cumulus executives in 2014, according to a Definitive Proxy Statement filed with the SEC.  The filing notes that the Compensation Committee would have the discretion to grant the applicable target award if “Cumulus achieved budgeted EBITDA goals, and satisfied other objectives related to managing costs, developing content, achieving gains in market share, as well as successes in strategic planning and implementation and optimizing financial liquidity.  In reviewing the performance and compensation levels of the executive officers for 2014 at the completion of that fiscal year, the Compensation Committee determined that the quantitative financial performance objectives were not met at the threshold level.  As a result, no annual incentive compensation was paid for 2014.”  The filing also reports that no equity incentive awards (stock) were granted either.  “In light of the size and timing of equity award grants to the named executive officers in 2013, which awards were made in October of that year, as well as data provided by Meridian Compensation Partners LLC with respect to the compensation of the executive officers, general industry conditions and actual Company performance in 2014, the Compensation Committee did not grant any long-term incentive awards to the executive officers in 2014.”  So, what did Cumulus officers make in 2014?  Here are a few of the numbers:  president and CEO Lew Dickey earned $1,456,000 in total compensation; SVP, treasurer and CFO Joseph Hanna earned $554,125; EVP of content and programming John Dickey earned $881,192; SVP secretary and general counsel Richard Denning earned $509,942; and recently retired EVP and co-COO Jon Pinch earned $757,851.

wachsKennedyRaising Awareness for Leukemia & Lymphoma Society.  Nationally syndicated talk show host Dr. Daliah Wachs (right) reports to TALKERS that she’s been assisting the Leukemia & Lymphoma Society with its spring campaign and was recently honored to work with six-year-old leukemia survivor Kennedy (left) as Dr. Wachs accompanied her to her first television interview on KSNV-TV.

Iran Nuclear Negotiations/Corker Bill, ObamaCare Subsidies Addressed by SCOTUS, 2016 Presidential Prospects, Baltimore Police Protests, Yemen Military Action, Ben Affleck ‘Roots’ Cover-Up Case, and Bryan Price Profanity-Laced Presser Among Top News/Talk Stories Yesterday (4/21).  The controversy over the Obama Administration’s role in negotiating a nuclear program with Iran and the bill drafted by Senator Bob Corker that would give Congress the ability to approve or disapprove the final deal; the case before the Supreme Court challenging the legality of health care subsidies as provided by the Affordable Care Act; the potential candidates for president in 2016; the protests against the Baltimore police after the death of Freddie Gray while in police custody; the ongoing Saudi strikes in Yemen and the U.S.’ naval presence in the region; chatter about Ben Affleck’s plea to leave his ancestor’s history of slave ownership out of the “Finding Your Roots” program; and Reds manager Bryan Price’s dropping of 77 f-bombs in a post-game press conference were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.

Tuesday, February 7, 2012

| February 7, 2012

Cumulus Media CEO Lew Dickey Addresses “Inherently Inefficient” Nature of Old-Line Media Business Model in Bain Capital News Story.  The chief executive officer of the second largest radio station operator in America is one of several Atlanta-based business executives to speak to the Atlanta Journal Constitution about his business and the role private equity firm Bain Capital played in its progress.  The piece ran Sunday (2/5) online and in print and was written from the perspective of giving insight into Bain Capital – the company formerly run by presidential candidate Mitt Romney.  However it also probes the nature of corporate radio as it rides the rough surf of an economic downturn and a dramatically changing media business – complete with layoffs and job consolidation.  The story notes Cumulus CFO Joseph Hannan explained to investors at a recent conference that they had to “wholesale re-engineer the way these operations work” in order to cut costs and that the company learned this process while working with the private equity firms.  Hannan said the company was able to cut $70 million in costs.  Lew Dickey tells the AJC the business has to work that way to survive.  He says old-line media companies have become “inherently inefficient.  We run the business as efficiently as technology permits us to do.”  Interestingly, Bain Capital took a loss on its involvement with Cumulus.  Cumulus ended up buying out Bain and the other private equity partners.  It worked with other private equity firms to engineer the Citadel Broadcasting deal and it remains to be seen whether that will turn out to be a wise investment for them or whether they will suffer the same fate as Bain.  Through it all, Dickey remains confident and tells the AJC he believes his company will add jobs – albeit in different sectors – during this year.  “By the end of the year, we’ll have a net increase in jobs. They’ll be different jobs.  That’s how business evolves.”

Exit of CBS Radio CHR Programmer and 92.3 Now PD Dom Theodore Fires Up Speculation About Sports or News Moving to the New York Signal.  There was big news in the CHR world yesterday as CBS Radio’s format captain and PD of 92.3 Now (WXRK-FM, New York) Dom Theodore left the building.  For those awaiting the (some say) way overdue addition of an FM signal for sports talk WFAN, this move gives them plenty to talk about.  Still others believe one of CBS Radio’s all-newsers – WINS or WCBS – could end up with an FM simulcast.  Right now it’s all guesswork but rumors that the rest of the on-air staff at 92.3 Now may have received news of its imminent demise along with Theodore’s departure have the message boards in the Tri-State area red hot with chatter.

Courtside Entertainment Group Names Rich Rapiti Senior Director of Affiliate Relations.  Longtime affiliate relations pro Rich Rapiti is reunited with Westwood One founder Norm Pattiz in his new role as senior director of affiliate relations for Pattiz’s Courtside Entertainment Group.  Rapiti will be based in New York City.  Courtside president Bob Moore says, “Rich Rapiti is a unique guy.  He has worked in the radio business his entire adult life and has mastered the art of working with radio stations in providing quality programming.  We are extremely excited about having Rich on our team.”  Speaking about his new position, Rapiti states, “I am thrilled to be the newest member of the Courtside team.  Rarely does the opportunity occur where you can work with the likes of a Norm Pattiz and his executive team.”

XEPRS, San Diego Makes AM Drive Changes; Scott Kaplan Exits, Dave Palet and Jeff Dotseth In.  After 11 years at the station, morning drive host Scott Kaplan and co-host Billy Ray Smith are out as hosts of the program.  Station VP/GM Tex Meyer says in a press release the change was made “after very careful consideration and evaluation of several important factors.”  However, many San Diego media observers are saying Kaplan’s recent unflattering on-air comments about Mountain West broadcaster Andrea Lloyd put management over the top and forced its hand.  Broadcast Company of the Americas brings San Diego market veterans Dave Palet and Jeff Dotseth in to take over the morning drive show.

WGN, Chicago Holds “Cubs Song” Contest.  Musically inclined Chicago Cubs fans are being encouraged to write a tribute song to their favorite baseball team and have the chance for it to become part of Cubs radio broadcasts all season long.  Tribune Company’s WGN – flagship for Chicago Cubs baseball – will be the judge of the winning submission for this unique promotion.  Here are the rules: Write an original song about the Chicago Cubs and e-mail it as an .mp3 file attachment to cubssong@wgnradio.com by February 29, 2012.  The lyrics must mention the Cubs and WGN Radio, but may not mention names of individual players, coaches or Cubs management.  Songs longer than four minutes will be disqualified.  You must also include your name, address, daytime phone number, e-mail address, and age in the e-mail.  Entries on behalf of a group must provide the required information for each member of the group.  WGN will post up to 10 finalists on its website and give fans the chance to vote on the winner.  The writer/performer of the winning entry will have the chance to get the song recorded in a professional studio and perform it live during Jonathon Brandmeier’s Opening Day broadcast on WGN.

WBNS-FM, Columbus Debuts “Off-Season with Bobby Carpenter.”  The NFL season is over – more or less – until the draft in April and RadiOhio sports talker 97.1 The Fan (WBNS-FM) is taking advantage of the year-round interest in the National Football League by creating a weekly, Friday afternoon show co-hosted by former Ohio State standout and current Detroit Lions linebacker Bobby Carpenter and WBNS-TV’s Beau Bishop.  Director of programming and operations Jay Taylor announces the one-hour show airs from 12:00 noon to 1:00 pm featuring talk about the NFL, the upcoming draft and Buckeye football and debuts this Friday, February 10.

CNN Names Jim Acosta to National Political Correspondent Role.  The cable news channel announces Jim Acosta is promoted to national political correspondent where he’ll appear regularly on several CNN programs including “The Situation Room with Wolf Blitzer” and “John King, USA,” according to TVWeek.  CNN SVP and Washington bureau chief Sam Feist states, “Jim has been an outstanding addition to the political team.  He has emerged as one of the key reporters on the campaign trail and his astute reporting skills will only help to position the network to dominate this important election cycle.”

CBS Radio Renews with MLB’s Phillies; Games to Air on WIP-FM.  CBS Radio’s news/talk WPHT, Philadelphia has been the longtime flagship for Philadelphia Phillies baseball and the company and team just struck a new multi-year deal to keep the team with CBS Philadelphia.  This season the games will also air on sister sports WIP’s new FM signal as well.  CBS Radio Philadelphia VP/market manager Marc Rayfield states, “It’s a very exciting time for WPHT and WIP, and this partnership with the Philadelphia Phillies only adds to the interest audiences have in these two leading radio stations.  We look forward to the future with the most thrilling team in baseball.”

Talk Host Steve Cochran Ready to Return to Action After Health Scare.  Chicago-based talk host Steve Cochran – who handles the afternoon program at Salem Communication’s WIND, Chicago and hosts the late morning program for KTRS, St. Louis (which is rerun in the evening) from his home in the Chicago area – took himself off the air last week and went to the hospital after feeling chest pains, according to Time Out Chicago’s Robert Feder.  Cochran underwent some tests and was prescribed medication and reports he hopes to be back on the radio soon.  Cochran tells Feder, “The doctor said I’ll be 125 percent, which is great news unless you really hate my show.”

More TV Work for TRN’s Phil Hendrie.  Los Angeles-based, nationally syndicated talk radio personality Phil Hendrie scored a recurring role on the hit Fox TV show “New Girl.”  Hendrie says, “The entire cast and crew is so hard working, gracious and welcoming.  It’s an honor to get to work with them.”  Last year, Hendrie taped an episode of the ABC-TV hit show “Modern Family” in which he plays the recurring character “Boots.”  That episode is to air soon.  Pictured here is the cast of “New Girl” – from left to  right: Max Greenfield, Lamorne Morris, Hannah Simone, Hendrie, Zooey Deschanel and Jake Johnson.

Romney Surges in GOP Primary, Super Bowl Aftermath, Syria Violence and Closure of U.S. Embassy and New Iran Sanctions Among Top News/Talk Stories Yesterday (2/6).  Mitt Romney’s victory in Nevada over the weekend and his continuing lead over competitors, the aftermath of the Giants’ victory in Super Bowl XLVI, continuing violence in Syria and the U.S.’s closure of its embassy there and new sanctions levied against Iran were some of the most-talked-about stories on news/talk radio yesterday according to ongoing research from TALKERS magazine.