Cumulus Releases Q3 Financials: Net Revenue Up 2.1%. Cumulus Media is scheduled to hold an investors conference call soon on the third quarter 2013 financial report it released this morning. CEO Lew Dickey states, “This was another solid quarter for the company. Our growth initiatives complimented our core business, which continued to take share, and we are seeing a continuation of these trends in the fourth quarter.” In today’s report, Cumulus notes net revenues for the three months ended September 30, 2013 increased $5.7 million, or 2.1%, to $281.1 million, compared to $275.4 million for the three months ended September 30, 2012. “This increase was primarily attributable to a $4.6 million increase in local spot advertising revenue, an increase of $2.1 million in national advertising revenue, an increase of $1.3 million in live event revenue, and an increase of $0.9 million in revenue due to the addition of stations in the Bloomington and Peoria markets which were acquired in July 2012, all of which was partially offset by a decrease of $2.9 million in cyclical political revenues.” For the first three quarters of 2013 the company reports net revenue increased $11.2 million, or 1.4%, to $803.6 million compared to the same period a year ago.
KXL, Portland Agrees to Billboard Change After Complaints. Station officials for Alpha Broadcasting’s news/talk KXL, Portland say there was no disrespect intended when it put up a billboard in the Old Town/Chinatown section of the city that read: “We Love You Long Time. FM News 101 KXL.” The line is a take-off on line from the movie “Full Metal Jacket” which is spoken by a Vietnamese prostitute. It’s become a cultural meme and was used in the 2 Live Crew rap hit “Me So Horny.” According to KION-TV, Alpha director of marketing Randi P’Pool said, “It’s a famous quote from an old rap song. We thought it would get attention but in no way meant disrespect to anyone. The new message will read ‘Stay Connected, my friends. FM News101.’”
Former Washington Redskin Dexter Manley Banned from WTOP. After appearing on Hubbard’s WTOP, Washington and making accusations about former Dallas Cowboys quarter back Troy Aikman and using a homosexual slur, former Redskin’s great Dexter Manley will no longer contribute to WTOP sports content. During an analysis of the Washington Redskins-Denver Broncos game with hosts Mike Moss and Bruce Alan, who jokingly suggested that Aikman jinxed the Redskins by calling the game for Fox Sports, Manley stated, “I think Troy Aikman is a queer.” Moss and Alan challenged Manley and he finally apologized. WTOP vice president of programming Jim Farley later issued this statement: “This morning in a live interview former Redskins player Dexter Manley made an offensive and derogatory comment. He was immediately challenged by WTOP news anchors Mike Moss and Bruce Alan. We were shocked and stunned and we apologize to our listeners that this happened on WTOP. WTOP has contacted a representative for Manley and informed her that he will not be returning.”
SCBA Celebrates Ad Category Increases. The Southern California Broadcasters Association reports that according to the September Miller Kaplan Arase X-Ray report just published, there has been outstanding growth in key ad categories as well as impressive new business development for LA radio. SCBA president Thom Callahan states, “We have a lot to cheer about based on this report. Key category growth for September includes: Education, up 114.7%, Insurance up 66.0%, Healthcare up 16.9%, TV/Networks/Cable up 44.0%, Communications/Cellular/Public Utilities up 43.7%, Charitable/Religious up 29.9% and Concerts/Theater up 69.9%. While September Auto growth was up by 5.9%, this was due mainly to a brief pause as dealer inventory for 2014 was being delivered slowly from a number of factories. On a year-to-date basis, we have seen new categories increase as new brands discover the power of Southern California radio. Education continues to grow by 56.9%, Appliances/Electronics up 53.4%, Transportation up 33.3%, and the emerging Retirement Community category is up 24.3% with Financial up 23.1%.” Callahan says that in addition to all of the increases in existing ad categories, the good news is the emerging new categories as they underscore “a vibrant and re-discovering mode for many of our Southern California Radio advertisers. However, the most important headline of all for Southern California radio is this: On a YTD basis, radio has earned the trust of 521 new advertisers, who combined, have spent $34,378,238 in new business with our members!”
Cherry Creek’s KEYZ, Williston, North Dakota Adds Talk Programming. The station had been branded an agricultural news and classic country outlet but recently the station added a number of syndicated news/talk programs to its weekday lineup while keeping the classic country on weekend. New shows include the regionally syndicated Joel Heitkamp program, Premiere Networks’ Sean Hannity, WestwoodOne’s Dennis Miller and Jim Bohannon programs, and Premiere’s “Coast to Coast AM.” The station has also re-branded itself “660 News Radio.”
WJOB, Hammond, Indiana Partners with Purdue Calumet. Vasquez Development-owned news/talk WJOB, Hammond, Indiana and Purdue University Calumet have entered into a partnership that will see the station move into the school’s Commercialization Center. According to the Post-Tribune, the station will lease and renovate a 1,700 square foot space for its broadcasting and digital media center. WJOB expects to begin working in the space in March with a mid-April broadcast operations start time. The Post-Tribune reports that WJOB is co-owned by Alexis Vazquez Dedelow and her husband, Jim Dedelow. Jim Dedelow, who manages WJOB day-to-day operations while also hosting the weekday morning drive program, “JED in the Region,” said the partnership with Purdue Calumet will help WJOB build on its reputation as one of the most high-tech radio stations in America.
Nielsen Audio October PPM Data Released. PPM data from 12 of the 48 markets in which Nielsen Audio’s PPM reports are used has been released. Complete charts from Nielsen are available at TALKERS magazine’s sister publication RadioInfo as well as the “Ten Takeaways” from West Coast bureau chief and managing editor Mike Kinosian. To see the PPM data, click here.
NextMedia to Digity LLC Price: $90.5 Million. That’s how much Dean Goodman-led Digity LLC is paying NextMedia for the 35 stations in eight markets it is acquiring. However, two of the suburban Chicago stations – hot AC WZSR, Woodstock and classic rock WFXF, Dundee – are being spun off to Matrix Broadcasting for $5.52 million.
‘Kristening’ the New PodcastOne Studios. Kathie Lee Gifford’s “Kathie Lee and Company” is the first podcast to be recorded at the new PodcastOne Los Angeles studios and Gifford was honored to have “Keeping Up with the Kardashians” matriarch Kris Jenner in to talk about family, faith and careers. The episode will be available tomorrow at www.PodcastOne.com. The weekly “Kathie Lee and Company” podcast launched last week with Regis Philbin as the first guest. The company says that in addition to interviewing celebrity guests on her one-hour show, Gifford shares her thoughts on topics of the week and offers encouraging and inspirational anecdotes. Above: Jenner (l) and Gifford (r).
NSA Spying Controversy, Court Rules Texas Abortion Regs Unconstitutional, ObamaCare Website Status, Superstorm Sandy Anniversary, and Lou Reed Passes Among Top News/Talk Stories Yesterday (10/28). The expansion of the NSA spying controversy to include European heads of state; a court ruling declaring parts of the new Texas abortion regulations unconstitutional; the status of the ObamaCare website and the repercussions of the Affordable Care Act; the one-year anniversary of Superstorm Sandy; and the passing of rock icon Lou Reed were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.