Tag: "Michael Weiss"

Tuesday, November 15, 2011

| November 15, 2011

Radio Not Alone in Cuts; CNN Eliminates 50 Positions.  Changes in technology and an analysis of its own efficiency have caused CNN to cut some 50 positions in the trenches according to a report in TVNewser.  After a three-year study of the news organization’s operations, senior vice president Jack Womack writes in a memo to staffers, “Technology investments in our newsrooms now allow more desk-top editing and publishing for broadcast and online.  As a result of these technology and workflow changes, CNN is reducing the number of media editors in our work force in Atlanta.”  The report notes 12 positions in the Washington, DC bureau have been eliminated as well as jobs in New York, Los Angeles and Miami.

All-New Cumulus Down 1.9% in Q3.  In a conference call with analysts, Cumulus CEO Lew Dickey reported that third quarter revenue for the newly acquired Citadel group of stations was down 2.3%, the Cumulus Media Partners stations – the old Susquehanna group stations that made up CMP which Cumulus finished purchasing in August, down 3.4% while Cumulus proper was down 0.6% in the third quarter compared to the same quarter one year ago.  Dickey reports the company is ahead of schedule with its plan to achieve almost $52 million in “synergies” before January.  He states, “We now have a true national platform with a large and liquid market capitalization and a flexible, covenant-light debt complex that is designed to optimize free cash flow and de-risk the equity.  Our team is making excellent progress on the Citadel integration and is energized by the upside potential of our newly transformed platform.”

RAB Names Erica Farber Executive Vice President.  The Radio Advertising Bureau announces it is consolidating its Membership, Professional Development and Services units into one big group and that former Radio & Records publisher and CEO Erica Farber joins the organization as EVP as of January 1, 2012.  RAB president and CEO Jeff Haley says of Farber’s joining the organization, “I am thrilled about Erica joining the management team of the RAB.  We are at a pivotal time as we look to serve the industry and ensure our product offerings meet the demands of an evolving medium.  There’s no better executive for the role than Erica.”  In related moves at the RAB, Sheila Kirby exits the RAB’s Professional Development Group to take the senior vice president of sales training and development post at CBS RadioMichael Weiss, who serves as president of sales at CBS Radio says, “Sheila and I have worked together for close to 20 years, and there is no one I respect more when it comes to motivating a team to perform at their absolute best.  Working closely with Sheila, our sales force will have a clear advantage in the marketplace and advertisers will benefit greatly working with such a sophisticated group of salespeople dedicated to constructing integrated programs that guarantee results.”  Also from the RAB, Ron Ruth shifts from a full-time position with the RAB to a consulting role.

“The Broadside” Hosts Andrew Langer and Mark Newgent Fill in at WBAL, Baltimore.  Andrew Langer and Mark Newgent began their internet program, “The Broadside” several months ago.  Now, as Hearst’s WBAL, Baltimore is airing various programs in its 9:00 pm to 12:00 midnight slot, Langer and Newgent host their program on WBAL on November 14, 15 and 25.  Langer, who serves as president of the Institute for Liberty and the Small Business Political Alliance and was named by Campaigns and Elections as a Top Influencer in Maryland in 2011 and Newgent, who writes for TheExaminer.com and RedMaryland.blogspot.com and does research and analysis of politics and policy, say their plan “is to expand the horizons of traditional conservative talk, bringing in discussions (and guests) whose focuses are not only politics, but also movies, music and sports.”

CBS Radio Transitions ESPN High Desert to AM Signal; Goes All-Christmas on FM.  The ESPN High Desert sports talk outlet KVFG-FM, Victorville, California shifts to KRAK-AM as ESPN 910 so the FM signal can flip to an all-Christmas format.  There’s no indication what the group’s plans are for the FM signal after the holidays but it seems likely this is a prelude to a change to a music format.

Fox Sports Radio Los Angeles Raises Funds for Paralyzed Veterans.  AM 570 Fox Sports L.A. (KLAC) announces it raised almost $100,000 for the Paralyzed Veterans of America during its radiothon on November 9.  All the money raised during the “Loose Cannons” and “Petros & Money” shows that day will benefit the charity that provides rehab, access to services as well as research to cure spinal cord injuries.  Pictured here (from l-r) are “Loose Cannons” Steve Hartman, Pat O’Brien, Los Angeles Kings president of business operations Luc Robitaille and Vic “The Brick” Jacobs.  Robitaille was one of a number of local sports celebs who appeared on the program to help the cause.

SCOTUS to Hear Health Care Reform Arguments, 2012 Presidential Race and ‘Occupy Oakland’ Shut Down Among Top News/Talk Stories Yesterday (11/14).  The United States Supreme Court’s agreement to hear arguments on President Obama’s Health Care Reform law, the 2012 presidential race and the shutdown of the ‘Occupy Oakland’ protests were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.