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.
Other Defendants Named in Mark Masters’ TRN Lawsuit Against Dial Global Claiming Monopoly Practices. As reported yesterday (8/28) by TALKERS, these companies, referred to generally in the industry as Talk Radio Network (TRN), include The Original Talk Radio Network, Inc., Talk Radio Network Enterprises, LLC and Talk Radio Network-FM, Inc. They have initiated the filing of a Federal action against Dial Global, Inc. and multiple other parties, asserting antitrust, anti-monopoly and other claims. The complaint, which demands a jury trial, is titled “Complaint for Violations of the Sherman Act and the Cartwright Act, and for Fraudulent Inducement, Interference with Contract and Interference with Prospective advantage.” In addition to Dial Global, it specifically names: Excelsior Radio Networks, Triton Radio Networks, Triton Media Group, Oaktree Capital Management, Verge Media Companies, Courstide, LLC, Compass Media Networks, Compass Media Marketing, and WYD Media Management. Individuals named include Spencer Brown, David Landau, and Ken Williams of Dial Global, Ron Hartenbaum of WYD, Peter Kosann of Compass, and Norm Pattiz of Courtside. To see the entire complaint click here.
Big Staffing Changes at Federated Media in Fort Wayne. Last week TALKERS reported the departure of WOWO, Fort Wayne program director Gregg Henson and his replacement by Woody Zimmerman. Now, after almost 18 years with Federated Media, chief operating officer Mark DePrez announces his departure from the company. Brad Williams, who had been overseeing the Indiana markets of South Bend, Elkhart and Warsaw, will also be in charge of the company’s Fort Wayne and Auburn, Indiana markets as he becomes COO. But that’s not all, as Indiana Radio Watch reports national sales manager Mary DePrez, production director Steve Starbrelz (this November would mark his 35th year there), classic hits WMEE, Fort Wayne middayer Zack Skyler, country WQHK, Fort Wayne GSM Suzee Leavell and several sales staffers have also left the building. IRW also reports Clint Marsh becomes GM of the South Bend properties. On his tenure with Federated Media, DePrez states, “After almost 18 years I’m leaving Federated Media. We accomplished great things in Fort Wayne but all good things must come to an end. I am grateful to the Dille family for the four promotions over those 18 years including my recent tenure as COO. For a decade it has been my distinct honor to be the custodian of such iconic brands as WOWO, WQHK (K-105) WMEE and more recently WBYR (98.9 The Bear). I am immensely proud of the talented team we assembled and know they will continue to do great things.” DePrez is available for his next challenge. He says, “For employers looking for an executive obsessed with top line performance and profit optimization they can contact me at firstname.lastname@example.org or 260-385-2574.”
ESPN and Major League Baseball Agree to $5.6 Billion Deal. The new contract between ESPN and MLB goes through 2021 and runs an average of $700 million per year for TV, digital, radio and other rights. ESPN is currently paying about $305 million per year for TV and about $50 million for radio rights. The new contract would almost double that but gives ESPN more flexibility, some playoff game rights as well as international rights. For radio it means increased ESPN Radio rights, including the additional right to co-exist during two Saturday windows per team, per year.
Patt Morrison’s Southern California Public Radio Show Cancelled. The popular Southern California public radio figure will remain with the organization but Patt Morrison’s six-year-old afternoon program will end on September 10. The move is part of a series of programming changes at KPCC, Pasadena that include the expansion of the Brand & Martinez program and the addition of the “BBC News Hour” and “The World.” KPCC VP for content Russ Stanton is quoted telling the Los Angeles Daily News, “While the show may be leaving, Patt isn’t. What we’re trying to do is take a lot of the segments that she’s produced – which are very popular with a large part of our listening audience – and spread those a little more throughout the programming day when there are a lot more listeners than there are in the 1:00 pm to 3:00 pm slot.” SCPR notes Morrison will still cover the Democratic National Convention for the organization.
NBC Sports Radio and Dial Global Announce More Sports Talk Hires. As NBC Sports Radio continues to prepare for the September 4 launch of the new network, more hosts and sports anchors are being hired. Former NFL star Amani Toomer will team with Eytan Shander (most recently with SiriusXM’s Mad Dog Radio) for a 10:00 am to 1:00 pm ET sports talk show. Dan Schwartzman — who’s worked for WPEN, Philadelphia and ESPN in New York – will host an overnight show from 1:00 am to 5:00 am ET Tuesdays through Saturdays and Kay Adams joins the network as sports anchor working the 5:00 pm to 10:00 pm shift Monday through Friday. Dial Global is NBC’s partner in ad and affiliation sales and distribution.
Forbes Releases New Highest Paid Celebrities List. Four radio stars landed on the Forbes list of the most recent Highest Paid Celebrities. Of the 21 celebs noted this time around, Howard Stern is the highest at #7 (although he makes a ton of cash from his SiriusXM gig, the NBC TV job helps!); Glenn Beck comes in at #11; Rush Limbaugh lands at #15 and Ryan Seacrest follows at #19.
Larry King to Host Coverage of the RNC on YouTube’s Elections Hub Channel; Premiere Networks’ Andy Dean Joins King on Panel. Longtime CNN star and broadcasting icon Larry King is now working with Ora TV – the digital on-demand TV network funded by Mexican media magnate Carlos Slim Helu – and Ora TV is partnering with YouTube to produce the Elections Hub channel. Tonight, King will host coverage of the Republican National Convention live from Los Angeles featuring a roundtable of well-known celebrities and guests on the special series “Ora 2012 with Larry King” from 11:00 pm to 12:00 midnight ET. Premiere Networks nationally syndicated talk host Andy Dean will take part on the panel.
Entercom and University of Florida Enter into Sales Agreement. The college and Entercom Communications have struck a deal which will have Entercom provide sales for the school’s two radio stations – country WRUF-FM and sports talk WRUF-AM. It’s a seven-year deal that begins in September. The university notes that the deal “will provide the College with a guaranteed monthly revenue. Additionally, the stations will participate in a revenue share agreement with Entercom that allows for additional revenue to flow to the stations based on monthly sales performances. In addition to the joint sales agreement, Entercom is launching an academic enhancement initiative to create internships and student opportunities for the College’s students at the company’s stations in Gainesville and around the country. These student involvement opportunities, subject to faculty approval, will include sales, digital marketing programming, news, sports, public relations, strategic communications and promotions.” The stations’ operations director, Jerry Butler, will stay on and co-ordinate the relationship between the stations and Entercom.
Hundreds of Talk Show Hosts from Across Country Broadcasting from RNC. The invention of the “radio row” – largely developed in the modern talk radio era by Washington, DC-based Talk Radio News Service – has really come into its own at the Republican National Convention in Tampa. Numerous networks and syndicators have set up shop in elaborate clusters of tables, microphones, remote equipment, banners and, of course, big talking personalities on both sides of the mic. One of the biggest of these assemblages is again hosted by Talk Radio News Service for its affiliates which include the likes of Rusty Humphries, Phil Valentine, Roger Hedgecock and many more. TRNS bureau chief Ellen Ratner tells TALKERS, “We have more stations than ever – about 40 stations and programs. The RNC gave us a prime spot, right next to their booking office. We are not in the arena but in the building next to it that houses all the press. Other than press conferences, some longer television interviews and hall confrontations between the news media, radio row is the only place to have an in-depth conversation. Radio might have lost some of its audience to the internet, but you would never know it from radio row. Big time politicians want to be there and obviously feel they will get a chance to say what they want. It is still the spot to be and the place to be heard.”
WMAL Morning Hosts on the Scene in Tampa. The final day of the Republican National Convention is today and talk radio and the national press have been busy bringing the political talk home to their constituents. Pictured here are WMAL-AM/FM, Washington morning drive team Brian Wilson (c) and Bryan Nehman (r) interviewing former U.N. Ambassador John Bolton (l).
Republican National Convention, Tropical Storm Isaac, and Iran-Syria Connection Among Top News/Talk Stories Yesterday (8/28). The progress of tropical storm Isaac and the activity from the Republican National Convention in Tampa Bay were two of the most-talked-about stories on news/talk radio. The growing connection between Iran’s military and the violence in Syria was also a major topic.
Cumulus Makes Changes at KLIF, Dallas. The move toward more news in commercial spoken-word radio continues. Cumulus Media Group announces talk station KLIF, Dallas will add morning and afternoon drive news blocks and changes its slogan to “News & Information 570 KLIF.” The AM drive news block begins today (3/26) and features Amy Chodroff (from sister WBAP) and Dave Williams co-anchoring the program. Williams most recently worked at Merlin Media’s all-newser in Chicago. The PM drive news block is expected to begin on April 2. The changes mean morning drive talk host Jeff Bolton is out and PM drive talk host Chris Krok will move to sister WBAP-AM/FM for an evening talk show.
Current TV’s Bill Press and Stephanie Miller Simulcasts Debut Today. The new one-two punch of progressive radio talk stars hitting the air at Al Gore-founded Current TV begins this morning (3/26) as Dial Global syndicated talk hosts Bill Press and Stephanie Miller air TV simulcasts of their morning drive radio programs on Current TV. “Full Court Press: The Bill Press Show” airs from 6:00 am to 9:00 am ET and “Talking Liberally: The Stephanie Miller Show” follows from 9:00 am to 12:00 pm ET. The network announces that Senator Chris Coons, (D-DE); Nia-Malika Henderson of the Washington Post; Faiz Shakir of Think Progress; and Lara Setrakian of ABC News and Bloomberg are all scheduled to appear during the premiere week of “Full Court Press.” The first week of “Talking Liberally” will feature Senator Byron Dorgan (ND – Former U.S. Senator and Chairman of The Senate Committee on Energy), as well as comedienne Kathleen Madigan.
Hubbard Broadcasting Names Emily Kopp WFED Morning Anchor. Hubbard Broadcasting announces a permanent addition to the morning drive show on WFED, Washington – the station dedicated to serving the many federal government workers living in the region. Emily Kopp joins host Tom Temin on the morning drive program. Kopp joined Federal News Radio in 2011 after living in the Netherlands where she reported on a freelance basis for various radio network and print outlets. Prior to her promotion, Kopp served Federal News Radio as a federal workforce reporter. Since July 2011, Kopp has produced several compelling series that focused on key human aspects of working for the federal government. WFED program director Lisa Wolfe states, “Emily had been filling in as co-anchor while we’ve been conducting our talent search for the next morning anchor. Her talents were obvious and when we got together to discuss the possibility of making it permanent, it just made sense. I look forward to Emily bringing her well-crafted interview style to mornings. I think she will uncover a lot of news.”
WTEM, Washington Launches New Afternoon Sports Talk Show Today. Red Zebra-owned WTEM, Washington announces the debut of “Inside the Locker Room with Doc Walker and Brian Mitchell” today (3/26). The show teams up former Washington Redskins Doc Walker and Brian Mitchell along with broadcast pro Scott Jackson. Walker continues with the station after 15 years, most recently serving as co-host of the John Thompson show. Both Mitchell and Jackson return to WTEM after several years’ absence. VP of programming Chuck Sapienza states, “With Doc and B-Mitch, ESPN 980’s lineup includes the two most prominent former players in Washington, DC media today. Listeners of the show will receive opinions and insight from professional athletes that is rarely offered on local radio. In addition, Jackson gives the show a ‘point guard’ that every successful program needs.” The show airs from 2:00 pm to 4:00 pm.
KXTG, Portland Re-Signs John Canzano. “The Bald Faced Truth” host re-ups with Alpha Broadcasting’s sports KXTG on a multi-year deal to remain with the station. John Canzano also writes a column for the Daily Oregonian and is a commentator for KGW-TV, Portland. Upon announcing the deal, Canzano commented, “Sports talk listeners of ‘The Bald Faced Truth’ radio show are smart, educated, good looking, influential and relevant. I love my audience, my sponsors and this station. I’m staying right here because ‘The Game’ is the place to be. Period.”
Southern California Public Radio Names Melanie Sill Executive Editor. The former editor at the Sacramento Bee and the Raleigh News and Observer takes over the executive editor role at Southern California Public Radio. Her duties include overseeing the daily news gathering operations across KPCC, Pasadena’s broadcast, digital and social media platforms. KPCC VP for content Russ Stanton states, “Sill brings a wealth of news and managerial experience to this new position. Most importantly, she has been a force of change in two newsrooms, leading efforts to restructure staffs to better compete in the digital age.” The Southern California Public Radio website announces the non-profit is aggressively working to build out its online news service with ambitions to become the region’s pre-eminent source for information across multiple media.
Jacksonville Gets FM Simulcast for Sports WJXL. Seven Bridges Radio LLC buys the former Gospel WFJO-FM, Jacksonville (a class A FM signal at 92.5) from receiver Scott Savage for $1.95 million and begins an LMA immediately simulcasting its sports station 1010 XL (WJXL). The station was formerly owned by Tama Broadcasting.
Smerconish Visits Boston. Dial Global nationally syndicated talk host Michael Smerconish (center, standing) chats with WTKK-FM, Boston listeners at a private meet & greet on March 20 prior to the national screening of his movie, “Book Club with Michael Smerconish Featuring Chris Matthews’ Jack Kennedy: Elusive Hero.” In addition to the meet & greet, Smerconish conducted a curtain call speech before the showing of the film at the Cinema De Lux in Dedham, Massachusetts before a sold out theater. The film appeared at more than 100 theaters across the country on that evening.