Tag: "Kevin Crespo"
Cumulus Names New Market Manager, Sales Chief for San Francisco. Cumulus Media announces Steve Sklenar has been appointed market manager for the company’s San Francisco stations and Kevin Crespo has simultaneously been installed as national and regional sales manager for the cluster. Sklenar comes to Cumulus Media from his most recent post as assistant vice president and director of sales at Lincoln Financial Media’s San Diego stations. Sklenar says in a statement, “To be tapped as the leader of Cumulus San Francisco is both exciting and humbling. This is without question one of the most coveted positions in all of broadcasting, not just radio. The history and prestige of these stations in the San Francisco community comes with great responsibility. We will not take that lightly.” Sklenar is in charge of talk KSFO, news/talk KGO, sports talk KNBR and KTCT, triple A KFOG and KFFG and classic rock KSAN “The Bone.” Cumulus EVP and co-COO Jon Pinch says, “Steve and Kevin are well-suited to take leadership and sales development roles at this legendary cluster of stations. They will round out a solid team that’s contributing significantly to our growth in San Francisco. After meeting with numerous qualified candidates, John Dickey and I are confident that these two gentlemen will have immediate positive impact on our business moving forward.”
Moody’s Cumulus’ Speculative Grade Liquidity Rating to SGL — 2 from SGL – 3. Moody’s Investors Service announces it has upped Cumulus Media’s Speculative Grade Liquidity Rating from SGL – 2 to SGL – 3 “reflecting improved access to the senior secured revolver due to the recent amendment of the 1st lien credit agreement. The amendment reduces the revolver commitment to $150 million from $300 million, but replaces the total net leverage test with a 1st lien net leverage requirement enabling full access to the revolver.” Moody’s says the B2 Corporate Family Rating remains unchanged and explains why: “Leverage remains elevated due to revenue and EBITDA falling below expected levels for the six months ended March 31, 2013 which prompted the downgrade in the corporate family rating earlier this year. Management indicated that pro forma revenues decreased $5.6 million or 2.5% in 1Q2013 compared to 1Q2012 reflecting lower political revenue, the winding down of unfavorable legacy Citadel barter transactions, and challenges related to its syndicated talk segment.” However, Moody’s cites the turnarounds of a number of Cumulus’ “10 underperforming stations” for the upgrade and goes on to state, “Looking forward, revenue growth is expected to be flat in 2013 due in part to the absence of significant political advertising. Moody’s expects Cumulus to generate roughly $175 million of annual free cash flow versus our prior estimate of $200 million to reflect management’s comments that it expects to invest roughly $25 million annually in CBS Sports Radio, Nash FM and related country format branding, its Traffic network, as well as SweetJack.”
Charles Steinhauer Ascends to Chief Operations Officer at Dial Global. Moving up from his most recent position as president of operations with Dial Global, Charles Steinhauer is promoted to chief operations officer. The company states that in this new position, Steinhauer will be responsible for overseeing the management of the company’s day-to-day operations — including technology, distribution, research, compliance, and strategy. He will continue to be located in New York City and will report directly to CEO Paul Caine. In his previous post, he managed all sales support divisions for Dial Global. The company also notes that Steinhauer “is one of the leads on an industry-wide research initiative working to improve how radio is incorporated into Marketing Mix Models, which are widely used by advertisers to evaluate how product sales are influenced by advertising.” About his promotion, Steinhauer says, “I’m very excited to be working with Paul Caine and to continue to move the company forward with all of the Dial Global family. I look forward to working even more closely with our staff and our outstanding content and distribution partners to create optimum value for our audiences and advertisers. I couldn’t be more fortunate.”
Tora Fisher to Perform at Talkers New York 2013. At the tender age of 23, she is both a rising pop star and a humanitarian. Tora Fisher of the Fisher family that spearheads Fisher House Foundation – the charitable organization that provides housing around the country for the visiting families of hospitalized American servicemen and women wounded in battle – will be appearing at Talkers New York 2013 tomorrow (6/6). The young singer/songwriter, whose heartfelt song “Finally Free” currently sits at number 29 and number 21 on the RadioInfo pop songs and rock songs charts respectively, will open the event’s Freedom of Speech Award Ceremony with an a cappela performance of the Lee Greenwood anthem “Proud to Be an American.” Ms. Fisher, who is a spokesperson for Fisher House, will be backed up in the performance by two female cadets from West Point, Mary Kay Messenger and Alexis Cole. According to TALKERS publisher Michael Harrison, “Even though this annual event is geared to talk radio, we have a tradition of presenting some of the world’s greatest up-and-coming singers performing inspirational music at key moments in the proceedings. Having Tora Fisher perform this powerful song at Talkers New York 2013 is extremely meaningful and certainly in keeping with this tradition. Not only is this beautiful young woman one of the most talented female singer/songwriters I have heard since the golden days of the great ones like Joni Mitchell and Laura Nyro – she has a powerful personal story of courage and will that is both touching and compelling. As a child of 13, she survived a terrible plane crash that took the life of her father and set her on the road to becoming mature beyond her years and a powerful artist of both words and music. Add to that her dedication to the families of America’s brave young service people and…well, you have a very, very special young lady indeed. Everyone who sees her perform at this event will be touched and certainly remember where they first heard and saw Tora!”
TRN Sues Former Attorney in Anti-Trust Case. Talk Radio Network has filed suit in Oregon against California attorney Joseph Alioto alleging that he did not move with the speed promised and in a time frame that would prevent TRN from suffering further damages in its anti-trust suit against numerous sales rep firms and radio programming syndicators. TRN is seeking more than $10 million in damages and relief. In the claim, TRN alleges that after making a $125,000 retainer payment, Alioto repeatedly failed to file the complaint in a timely fashion and when Alioto decided to withdraw from the matter, he caused TRN further losses due to the time that had passed. TRN claims Alioto did not have good cause to withdraw from the matter. Allegations include fraud and legal malpractice.
Programmer Bill White Exits WGN, Chicago. One of the first moves on the part of WGN, Chicago’s new president and general manager Jimmy de Castro is to make a change in program directors for the heritage news/talk station. Talk programming pro Bill White leaves the station after two years in the director of programming and news position. White states, “Having the opportunity to work with such a tremendous team at one of America’s legendary radio stations has been a privilege and an honor. I wish the staff and WGN Radio much success in the future.” Bill White can be reached at firstname.lastname@example.org. In a memo to staffers, de Castro wrote, “Sometimes managers have to make difficult decisions on behalf of a few to build a brighter future for many. Today, we are losing the services of a friend and delightful professional, Bill White. Please join me in wishing him the best in his future endeavors.” There’s no word who will replace White but industry watchers believe de Castro will go with someone who either currently works in the Chicago market or is very familiar with it.
Newsmax Reports #1 Online Reading Status. Conservative media firm Newsmax announces that according to digital measurement firm comScore, during April, of the 65 million Americans using all digital platforms, Newsmax sites led all other sites in web traffic with over 14 million monthly unique visitors. comScore notes that Newsmax exceeded such competitors as HuffPost Politics and Fox News Politics with these recent April numbers. Newsmax also was #1 in the same category for personal computer users who read News/Politics online. According to comScore, Newsmax received 14.4 million monthly unique visitors in April — up from 13.3 million the previous month. HuffPost received 14 million monthly unique visitors from the News/Politics category and Fox News received 10.9 million monthly unique visitors in April, respectively. comScore’s top 10 breaks down this way: Newsmax Sites – 14.4 million monthly unique visitors; Huffington Post Politics – 14 million; Fox News – 10. 9 million; CNN Politics — 9 million; NBC News.com Politics — 7.5 million; Politico.com — 6.5 million; Current TV — 6.3 million; The Economist Group — 3.7 million; The Hill.com — 3.2 million; and Mother Jones.com — 2.9 million monthly unique visitors. Speaking about Newsmax’s achievement, CEO Christopher Ruddy states, “We are once again honored to be the number one digital political news site for the second month in a row. It is a testament to quality of our digital content that consumers online, on smartphones and on tablets continue to look to Newsmax for the latest political news.”
FCC Has New Acting Chief of Enforcement Bureau. The Federal Communications Commission announces that FCC acting chairwoman Mignon L. Clyburn has appointed Robert H. Ratcliffe to the position of acting chief of the commission’s enforcement bureau. Currently, Ratcliffe is the deputy chief of the media bureau. The position opens as P. Michele Ellison moves to the chief of staff post. Ratcliffe is a longtime staffer at the FCC having spent more than 35 years at the agency including as acting chief of the media bureau and as deputy chief of the enforcement bureau. In a statement, Clyburn says, “I am pleased that Mr. Ratcliffe has agreed to serve in this critical role. Bob is a top-flight lawyer who will bring his vast experience, sound legal judgment, and overall sense of fairness to this effort.”
Sexual Assaults in U.S. Military, Looming MLB PEDs Suspensions, Lung Transplant Controversy, Susan Rice National Security Adviser Nomination, and IRS Targeting of Conservative Groups Among Top News/Talk Stories Yesterday (6/4). Testimony of military chiefs addressing the high rate of sexual assaults in the U.S. military and Senator Saxby Chambliss’ associated comments; the reports of numerous suspensions coming from Major League Baseball for PED violations; the controversy over a 10-year-old girl’s need for a lung transplant and the government’s transplant program; Susan Rice’s nomination for national security adviser; and the IRS’ targeting of conservative non-profit groups were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
Frosty Stillwell Returns to Talk at CC’s KKSF, San Francisco for Middays. Hot AC KIOI, San Francisco “Star 101.3” morning show co-host Frosty Stillwell will continue his work alongside Sandy Stec on the Sandy & Frosty program until a replacement is named but today (6/4) he begins immediately hosting the 12:00 noon to 3:00 pm show on the company’s talk KKSF “Talk 910.” Stillwell was part of the Frosty, Heidi & Frank trio that spent years at hot talk KLSX, Los Angeles. He also had worked at Clear Channel’s KYSR, Los Angeles and filled in at talk KFI. Frosty says, “I am thrilled to get back to what I’ve done for the past two decades, talk radio. ‘Talk 910’ dominates the format in San Francisco. While I loved being part of the music and personality show on ‘Star 101.3,’ there was just no way I could pass up this enticing opportunity right down the hall to get back to my true passion.”
Peter Boyles Officially Out at KHOW, Denver. Less than two weeks after being removed from the air on Clear Channel Denver’s talk KHOW, station management officially cuts the ties between the longtime Denver personality and the station. Peter Boyles was taken off the air on May 24 after an altercation between Boyles and his producer Greg Hollenback that reportedly escalated into a physical attack on Boyles’ part. The incident made the news immediately as local media was in the building to cover a press conference with politician Tom Tancredo. KHOW program director Dan Mandis wrote an email to the Denver Post notifying the paper Boyles is no longer with the company. Guest hosts have been sitting in on the morning show since that time and no permanent replacement has been announced.
Programming VP Mike Elder Exits Fox News Radio. One of the most respected programming executives in talk radio, Mike Elder, has left Fox News Radio after serving the past eight years as the company’s VP of programming. Elder, a veteran PD of such great stations as WRKO, Boston; WLS, Chicago; WCCO, Minneapolis; KTOK, Oklahoma City and KMBZ/KCMO, Kansas City tells TALKERS, “It was an amicable parting of the ways. My contract was up, cuts were being made to the staff, and we both agreed to move on. And this was the longest tenure of a more-than-40-year career, so I was living on borrowed time anyway.” Elder continues, “This has been one of the best jobs I’ve had, or that radio still had. [Fox VPs] Kevin Magee and Bob Finnerty were very supportive of our efforts and our channel on SiriusXM as well as the internet and affiliates. They allowed me to put together a great staff and I appreciate their support over the past eight years.” What next for the 40-year veteran of talk and music radio? He tells TALKERS he will probably move back to his home in Boston and believes he has at least one more job in him. He will take the time to explore his options as a programmer and talent coach. “I still feel I have another gig left in me, so I am not shutting the door on radio. I would welcome the chance to work with great talent and production staffs again. But I’m open to something new as well. There is a whole new world on the internet that will require content, and not the same ol’, same ol’. I’d love to work on something new, exciting, challenging and dynamic that would allow me to put my over 40 years of experience and skills to use in a new and different way.” Mike Elder can be reached at Mikeelder@me.com or 646-256-5653.
Joe Thomas Puts ‘The Afternoon Constitutional’ on Hiatus. WCHV, Charlottesville, Virginia program director and morning drive host Joe Thomas announces that “after two-and-a-half years of independent conservative analysis of the news and events for Virginia’s great cities of Richmond, Roanoke and Charlottesville,” he’s taking the regionally syndicated afternoon show off the air. Although Thomas says of “The Afternoon Constitutional,” “It’s more like a ‘dry docking’ of a great ship that has taken you to amazing places but now needs to be refitted with some new things for her future voyages. Stay tuned!” Thomas continues his roles as morning host and program director at WCHV. He can be reached at email@example.com
Progressive Talker KTNF, Minneapolis Sold to Chad Larson. Sales manager Chad Larson believes in progressive talk and he’s agreeing to pay current owner JR Broadcasting (Janet Roberts) $1.5 million for the AM signal. JR Broadcasting paid $3 million for the station in 2004 from CBS Radio. Currently, the station airs local morning host Matt McNeil’s “The Morning Grind” plus WYD Media’s Stephanie Miller and Thom Hartmann, Ed Schultz and Compass Media Network’s Norman Goldman.
Odds & Sods. The Boston Globe reports that rumors are flying in town that Entercom’s sports talk WEEI is contemplating a change to its midday show by moving Mike Mutnansky out and replacing him with Comcast SportsNet New England’s Jessica Moran. Mutnansky co-hosts the “Mut & Merloni” show with former Red Sox player Lou Merloni…..At ESPN Radio, the NBA Finals are the hot topic as Minnesota Timberwolves star Kevin Love and former NBA head coach Doug Collins join “Mike & Mike” as co-hosts. Love will join Mike Golic and Ryan Ruocco, who will sub for Mike Greenberg, on Thursday, June 6 – the morning of Game 1 of the Finals. Doug Collins, who most recently coached the Philadelphia 76ers, will join Golic and Greenberg the morning after Game 3, Wednesday, June 12. Both guests will be part of an NBA-centric programming block from 6:00 am to 10:00 am.
George Beasley Receives Honorary Doctorate. Beasley Broadcast Group chairman and chief executive officer George G. Beasley is pictured here at Appalachian State University’s recent May commencement receiving Doctor of Humane Letters, Honoris Causa from the school’s chancellor Dr. Kenneth E. Peacock. A native of Patrick County, Virginia, Beasley has deep ties to Appalachian State University (ASU) in Boone, NC receiving both his undergraduate (’58) and graduate degrees (’60) from ASU. Most recently, he contributed the lead gift making a new broadcasting and media facility on campus possible – the George G. Beasley Media Complex, which is scheduled to open later this year. Beasley vice president of corporate communications Denyse Mesnik tells us that education was a first love of George Beasley’s. “Prior to broadcasting, George was a teacher and ultimately a high school principal. In fact, while building his first radio station he was a principal until the school bell rang, then a radio station owner late afternoons, evenings and weekends.”
Michael Douglas Oral Sex Flap, Senator Lautenburg Dies, IRS Scandal, DOJ Journalists Investigation, Obama Administration Secret Email Accounts and Syria Chemical Weapons Charges Among Top News/Talk Stories Yesterday (6/3). Michael Douglas’ public statement that oral sex caused his throat cancer; the death of Democratic New Jersey Senator Frank Lautenberg; the ongoing scandal involving the IRS’ targeting of conservative groups; the Department of Justice’s investigation of journalists; the controversy over some Obama Administration appointees using secret email accounts; and the chemical weapons use charges against the Syrian military were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.