Tag: "NASDAQ"

Wednesday, November 22, 2017

| November 22, 2017

Cumulus Stock Moves from Nasdaq to OTC.  That stands for “over-the-counter” and means that the stock is traded, instead of via a centralized exchange such as Nasdaq, by a dealer network.  Cumulus Media was notified by Nasdaq of its de-listing due to the stock’s inability to remain above $1 for 30 consecutive trading days – something the company fully expected.  In its 8-K filing with the SEC, Cumulus states, “The Company has been approved to have its Class A common stock quoted on the OTC Markets’ OTCQX market tier, an electronic quotation service operated by OTC Markets Group Inc. for eligible securities traded over-the-counter, and expects that trading of the Company’s Class A common stock will commence on the OTCQX at the open of business on November 22, 2017 under its current trading symbol CMLS.  The transition to the quotation of the Company’s Class A common stock on the OTCQX will have no effect on the Company’s business or operations. The Company will continue to file periodic and other required reports with the SEC under applicable federal securities laws that will be available on the SEC’s website, www.SEC.gov.”

TALKERS News Notes.  Cleveland sports talk personality Mark “Munch” Bishop is getting a beer named after him.  Cleveland.com reports that the WARF “FOX Sports 1350” personality –also heard on WNIO, Youngstown and WNCO, Ashland-Mansfield – has been pining for a local brewery to make a craft cream ale and now the Goldhorn Brewery is stepping up to the plate.  Cleveland.com writer Mark Bona – who appears on Bishop’s program every Friday for a segment called “Beer with Bona and Much, Much More” – writes that the beer is almost ready and soon the brewery will have a name for the cream ale…..Entercom president and CEO David Field made the announcement on the company’s newly acquired sports talker WIP, Philadelphia yesterday morning that the station and the NFL’s Philadelphia Eagles have renewed their broadcast rights deal for another seven years.  The renewed deal means Merrill Reese and Mike Quick will call the games for the foreseeable future…..The nationally syndicated “Sterling on Sunday” show hosted by Walter Sterling announces new affiliates, including: KXNT, Las Vegas; WWLZ-AM, Elmira, New York; WQHL-AM/WJZS-FM, Live Oak, Florida; KBAR-AM, Burley, Idaho; and KZNU-AM/KAZZ-AM, St. George, Utah.  Sterling says, “We are adding new affiliates every week and new advertisers.  It is a successful roll out. December 10th marks a special show featuring radio legends telling their stories.  Plus, December 10th will present a major announcement.”

Trump Defends Moore, Sexual Impropriety Allegations/Rose Fired, GOP Tax Plan/Individual Mandate Issues, North Korea Named to Terror List, Net Neutrality Rollback, AT&T-Time Warner Merger Challenged, Mladic Convicted of Genocide, David Cassidy Dies, Trump-Ball Feud, and NBA Action Among Top News/Talk Stories Yesterday (11/21). Embattled Alabama U.S. Senate candidate Roy Moore receives support from President Trump; the plethora of sexual impropriety allegations against public figures and the related firing of Charlie Rose by CBS; the Republican tax reform plan and the proposal to eliminate the ObamaCare individual mandate; President Trump puts North Korea on the list of state sponsors of terrorism; the FCC’s proposal to roll back the Obama administration’s net neutrality regulations; the DOJ challenges the merger of AT&T and Time Warner; former Bosnian Serb general Ratko Mladic is sentenced to life after genocide conviction; 1970s teen heartthrob David Cassidy dies at 67; the war of words between President Trump and hoops patriarch LaVar Ball over UCLA players shoplifting case; and the week’s NBA action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. Returning to Boston to serve as program director for iHeartMedia’s newly acquired classic rock WZLX is Chris Tyler.  He was most recently programming the company’s rock WMMS and CHR WAKS “KISS FM” in Cleveland.  He’s previously worked in Boston at CHR WXKS-FM “KISS 108” and hip hop WJMN “JAM’N.”  iHeartMedia SVP of programming for Boston Dylan Sprague comments, “I am excited to bring Chris back to Boston to program WZLX.  His knowledge and experience in the format, exceptional leadership and vision and, maybe most importantly, his knowledge of Boston and its legendary radio brands, uniquely qualify him to lead this heritage station and its iconic personalities.”…..In Baltimore, Francesca Presti joins the “Laurie DeYoung Morning Show” as a co-host on iHeartMedia’s country WPOC.  She’ll work alongside Laurie DeYoung and Jeff St. Pierre.  DeYoung says, “Francesca Presti is a force.  Fierce Francesca is what comes to mind when I think of her enthusiasm and unique take on life.  Baltimore will never be the same.” Presti was most recently with hot AC WBMX, Boston on the “Karson & Kennedy Morning Show” as a traffic reporter and associate producer…..Radio pro Ty Bailey is named assistant program director at iHeartMedia’s country WMZQ, Washington.  She returns to Washington from the company’s rock WXTB, Tampa where she was program director and morning show host…..Cox Media Group announces new executive position appointments in seven markets, but only three of those markets have radio stations: Miami, Orlando and Jacksonville. In Orlando, Jason Meder is promoted to general manager of CMG Orlando, where he’ll report to market VP Paul Curran.  Meder comes to Orlando from CMG Tampa where he was most recently director of sales for the radio group.  In Miami, RVP Rob Babin promotes Ralph Renzi to general manager of CMG Miami Radio.  He was most recently director of sales for the Miami radio stations.  And in Jacksonville, market VP Dan Lawrie promotes Bob Longo to general manager of the operations…..Chicago media writer Robert Feder reports that Windy City radio pro Brooke Hunter has signed up with Hubbard Radio to host weekend programs on adult contemporary WSHE.  Hunter was most recently on the air in Chicago on iHeartMedia’s AC WLIT…..Alpha Media’s Portland triple A outlet KINK is announcing that it is now “carbon neutral.”  The station says that through a series of eco initiatives and completing an audit from sustainable consulting firm YR&G, it has become the first radio station in the United States to be named “carbon neutral.”  Program director Sean Demery states, “Individuals doing small actions can pay large eco dividends when realized as a large group.  KINK is the loudspeaker, but it’s our community that has the power to make a difference.”

Tuesday, September 12, 2017

| September 12, 2017

Report: Laura Ingraham Set to Host Prime Time FNC Show.  According to a CNN Money report, talk radio host and conservative media figure Laura Ingraham is joining FOX News Channel for a prime-time show.  The report cites sources who requested anonymity because the deal is not official just yet.  But, the story says Ingraham will take over the 10:00 pm ET slot and the Sean Hannity show will move to 9:00 pm ET.  The program “The Five” moves back to the 5:00 pm hour, replacing the “FOX News Specialists” – the show that was canceled with the exit of Eric Bolling from the network last Friday.  FNC told CNN Money there is no deal in place, but that’s standard operating procedure prior to an official announcement.  Ingraham, who has hosted a nationally syndicated talk radio program for almost two decades, is a regular contributor to FOX News Channel.

WLW, Cincinnati Lets Tracy Jones Go. It appears that this is another budget-related move on the part of iHeartMedia management as former Cincinnati Reds player Tracy Jones was fired from his WLW, Cincinnati afternoon drive gig alongside Eddie Fingers on Friday (9/8).  WVXU’s John Kiesewetter reports that early afternoon personality Bill Cunningham told his listeners yesterday (9/11) that it was a corporate decision and was not a reflection of Tracy Jones’ performance.  Jones started with WLW hosting the “Extra Innings” post-game show after weekend Reds games.  In 2008, he was partnered with Eddie Fingers (who moved over from sister rock station WEBN) to host afternoons, replacing the retired Gary Burbank.

Entercom Debuts Newell Normand Show on WWL-AM/FM, New Orleans.  Yesterday (9/11) was the official debut of the Newell Normand show on Entercom’s New Orleans news/talk WWL-AM/FM.  The program features retired Jefferson Parish sheriff Newell Normand and airs from 10:00 am to 1:00 pm.  Normand takes over the daypart from Garland Robinette, who recently retired from the station.  Entercom New Orleans VP/market manager Chris Wegmann comments, “Today marks a historic day for WWL.  Newell commands the respect needed to host middays on WWL.  He was a popular and powerful leader in politics who wants to continue to be a positive influence on our community.  We have every belief that Newell will be an opinion leader, and his legacy of excellence will grow on the most powerful station in the Gulf South.”

Nielsen Announces Delay in Ratings Reports.  With its headquarters in the Tampa area affected by Hurricane Irma, Nielsen issued the following statement about the issuance of ratings reports: “Our first priority and thoughts are for the safety of our clients, Nielsen associates, and communities in which we operate and serve.  The team that reports ratings has evacuated the Tampa Bay area due to Hurricane Irma.  Therefore, our ratings will be delayed in the near term. We are actively monitoring the situation in Florida and will provide another update as soon as we know more.”

Beasley Florida Stations in Good Shape.  Based on Monday morning’s report from Beasley Media Group, it sounded as though the Fort Myers studios had sustained some serious flood damage, but today the company is reporting that the studio building “has some minor damage, but is in good condition otherwise.”  Although both CHR WXKB “B103.9” and sports talk WWCN-FM “99.3 ESPN” are both off the air.  The company says the engineering team will be installing a new transmitter in Fort Myers this morning.  Beasley’s Tampa stations are all on the air.

iHeartRadio to Broadcast Fundraiser for Harvey Relief.  The program was initiated by Houston rapper Bun B and SB Projects founder Scooter Braun.  It’s called “Hand in Hand: A Benefit for Hurricane Harvey Relief” and it will air on 150 iHeartMedia stations as well as the iHeartRadio “Hit Nation” channel at both 8:00 pm ET and a re-broadcast at 8:00 pm PT.  The one-hour special takes place in Los Angeles, with remote stages in New York and Nashville, and will include appearances, performances and taped messages from: several dozen A-list actors, musicians and entertainment industry personalities.  Proceeds will be donated to United Way of Greater Houston, Habitat for Humanity, Save the Children, Direct Relief, Feeding Texas and The Mayor’s Fund for Hurricane Harvey Relief (administered by the Greater Houston Community Fund) through the Hand in Hand Hurricane Relief Fund managed by Comic Relief USA.

Dave Ramsey Presence on SiriusXM Expands.  The Dave Ramsey Network grows on SiriusXM with the addition of new programming on the satcaster’s Triumph Channel.  Daily from 1:00 pm to 5:00 pm ET, Ramsey programming now includes, in addition to the Dave Ramsey show (heard on SiriusXM for the past year), Ramsey personalities Chris Hogan, Christy Wright, Chris Brown and Ken Coleman, plus the popular EntreLeadership podcast.  EntreLeadership, hosted by Ken Coleman, features discussion and tips on leadership and business by some of the top minds in business, including Mark Cuban, Seth Godin, Jim Collins and Simon Sinek.  Chris Hogan is the best-selling author of Retire Inspired: It’s Not an Age; It’s a Financial Number and host of the “Retire Inspired Podcast.”  Christy Wright is the author of the best-selling book, Business Boutique, and host of the “Business Boutique” podcast.  Chris Brown is a pastor and dynamic speaker carrying the message of intentional living nationwide.  He hosts the “Life, Money and Hope Podcast.”

Cumulus Appeals NASDAQ De-Listing.  With its current share price (as of closing on 9/11) of 39 cents per share and a market cap of less than $12 million, Cumulus Media is in danger of being tossed from the NASDAQ.  But, CEO Mary Berner has filed another appeal of the company’s failure to meet the minimum stockholders equity requirement.  Theoretically, the company has until October 2 to get its share price above $1 dollar, but there are other avenues that Berner and CFO John Abbot can explore.

TALKERS News Notes.  Ahead of this year’s Veterans Day (11/11), CBS RADIO’s ConnectingVets.com is celebrating the holiday through its first ever “Veterans Community Showcase” – a three month, two-part program focused on honoring Veterans for everything they do both during and after military service.  During the first phase of the program, ConnectingVets.com will accept public nominations of local veterans online.  An internal programming committee will then select and profile one veteran each weekday from November 1 to Veterans Day. The profiles will be posted on ConnectingVets.com and Facebook.  The sites will also feature sponsored editorial content giving companies with dedicated veterans’ initiatives a unique chance to share the good work they do and praise their own employees, many of whom are veterans themselves.  University of Maryland University College and United Rentals will sponsor the inaugural “Veterans Showcase” alongside ConnectingVets.com sponsor Freedom Mortgage…..Former UFC Women’s Bantamweight Champion Miesha Tate and former Green Bay Packers linebacker and devoted MMA enthusiast A.J. Hawk join the roster of hosts covering the world of mixed martial arts on the SiriusXM Rush channel.  Tate and Hawk will be featured hosts on “MMA Today,” an exclusive new show airing every Tuesday, Wednesday and Thursday from 6:00 pm to 8:00 pm ET.

Irma Aftermath/Harvey Recovery, Climate Change Controversy, New Sanctions on North Korea, Hillary Clinton Book, Bannon ’60 Minutes’ Interview, Retiring Congressional Republicans, IT Movie, NFL Opening Weekend, and MLB Playoff Push Among Top News/Talk Stories Yesterday (9/11).  The aftermath of Hurricane Irma and the recovery from Hurricane Harvey; the renewed debate over man-made climate change; the U.N. Security Council imposes new sanctions on North Korea and the hermit kingdom’s threat against the U.S.; Hillary Clinton’s new book detailing her loss to Donald Trump; former White House adviser Stephen K. Bannon’s Sunday evening interview with Charlie Rose on “60 Minutes”; the growing list of Republican Senators and U.S. Reps announcing they will not run for re-election; the Stephen King film IT smashes box-office expectations; the NFL’s 2017 opening weekend; and the Major League Baseball playoff push were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

 

 

Music Radio News and Career Moves.  Programming pro Tim Maranville is exiting Curtis Media’s adult hits WBBB, Raleigh to join Cornerstone Church-owned KGGN, San Jacinto, California as president and general manager.  Maranville says, “I would like to thank my team at WBBB for an extraordinary run from worst to best in Raleigh, a true blessing.  Looking to the future, I could not be happier to be working with Cornerstone to bring the Gospel to the San Jacinto valley through a local radio presence.”…..The Johnjay and Rich #LoveUp Foundation presented the American Red Cross with a check for $50,000 to benefit the hurricane relief effort.  Last week, the hosts of the popular Premiere Networks-syndicated show invited listeners nationally to “love up” and purchase #LoveUp T-shirts with all proceeds benefitting victims of the recent hurricanes.  In just eight days, thousands of shirts were sold.  The #LoveUp Foundation also contributed additional funds to achieve the $50,000 total donation.  Rich Berra says, “We couldn’t do this without the giving hearts and loyal followers of the #LoveUp movement.”…..The local Nashville country band Radio Romance won the “NASH Next 2017 Country Challenge Showcase” live country music talent competition held on September 7, 2017 at 3rd & Lindsley in Nashville.  The band was one of 10 that made it past the challenge round in the Cumulus Media-sponsored competition.  Radio Romance won over the judges and crowd with their performance of “Cheap Beer Years” and will advance as a semi-finalist to the national NASH Next 2017 video competition, to be held this fall.  Cumulus Media VP of country programming Charlie Cook says, “What a great night showcasing fantastic talent from Nashville!  The crowd went crazy when we announced Radio Romance as the winners for the night.  I can hear their song ‘Cheap Beer Years’ on our stations.”

Friday, November 16, 2012

| November 16, 2012

Rush Limbaugh’s Sandra Fluke Comments Cited in Dial Global’s SEC Filing.  Talk radio has long been saddled with the label of “controversial programming” that makes it a difficult sell on the national level.  Agencies have numerous other marketing options through which clients can get out their message.  Especially for family-oriented goods and services, why take a chance on “controversial programming?”  But Rush Limbaugh’s Sandra Fluke comments last March brought renewed bad PR to the format and, as was discussed at both of TALKERS magazine’s New Media Seminars this year (June in NYC and October in Los Angeles), the scarlet letter weighs heavy upon the talk radio business.  So much so that Dial Global – in reporting to the SEC – cited Limbaugh (not by name) as part of the reason the company is taking a $67.2 million impairment charge.  Here’s what the company says: “We normally perform the required impairment testing of goodwill on an annual basis in December of each year.  As a result of several factors, which had a significant impact on our fourth quarter bookings and sales, we performed an interim analysis of our goodwill carrying value as required by ASC 350, Intangibles-Goodwill and Other.  We believe our 2012 results were adversely impacted by, among other things, late cancellations in ad buys (which we believe was a by-product of the election and renewed economic uncertainty), competitive factors, such as a greater diversity of digital ad platforms (into which ad budgets have flowed) and increased competition from our major competitors, and advertisers’ response to controversial statements by a certain nationally syndicated talk radio personality in March 2012.”  Talk radio is unlikely to become “family friendly” in the eyes of agencies anytime soon and talk sellers appear resigned to having to carve out new niches of advertisers and work hard to get and keep them.  For big corporations with a lot of debt, that’s not a comforting thought.

Dial Global Voluntarily De-Lists from the NASDAQ.  As a result of the company’s low volume of trading combined with other factors, including the associated costs of maintaining its listing on the NASDAQ, Dial Global announces it will undertake the delisting process beginning on or around November 26 and be completed on or around December 6 of this year.  Dial Global will remain a publicly traded company – it reports no plans to go private – but the stock will be traded on the OTC Pink Sheets.

Envision Radio Networks Develops “America Weekend” Program.  Calling it the “next generation of weekend talk radio,” Envision Radio Networks says the new “America Weekend” program is “a break from the usual brokered programming and rerun political fare of most news/talk stations, ‘America Weekend’ covers the lighter side of news and lifestyle issues facing today’s on-the-go talk listeners while maintaining revenues from paid hosts.”  Envision states the show provides six hours of live programming on both Saturdays and Sundays from 9:00 am until 3:00 pm EST and accommodates up to four local expert slots per hour, with frequent break-away points for sports, weather or other local programming. Since the programming is broadcast live via satellite, ‘America Weekend’ is able to stay current by addressing breaking and developing stories of national interest as they happen.  Anchoring the show will be “top-level, nationally recognized” hosts joined by high-profile guests.  Programmer and consultant Kipper McGee is executive producer of the show and he states, “It’s been said that ‘weekdays are for ratings, weekends are for revenue.’  However, now we’re seeing the damage that poorly rated weekend programming is causing weekday shows.  Listeners are forced to find other weekend options, and increasingly are not finding their way back to the radio station.”  Envision president and CEO Danno Wolkoff says, “‘America Weekend’ is all about maintaining revenue opportunities for radio stations from long-form brokered programs in a new and innovative way.  We have always believed that there is a better way for radio to monetize its Saturday and Sunday programming without sacrificing quality.  Finally, ‘Content is King’ again on weekends.”  Interested stations can visit www.envisionradio.com or contact Melissa Bachtel at 216-831-3761 or melissab@envisionradio.com.

CBS Sports Radio Network Names Damon Amendolara Overnight Host.  When CBS Radio’s new national sports network debuts on January 2, WBZ-FM, Boston “98.5 The Sports Hub” evening host Damon Amendolara — “D.A.” — will be the network’s overnight host manning the 2:00 am to 6:00 am shift.  Amendolara has been with the Boston sports talker since it debuted in 2009.  He is also the sideline reporter for the New England Revolution on Comcast and a frequent guest and fill-in host for CSN’s Sports Tonight/Sports Sunday.  He serves as an anchor on CSNNE’s “Pregame Live” and “Postgame Live,” appears on Fox 25 Boston, while contributing to NFL Films and the NFL Network’s Top 10 series, ESPN News’ Air Check and NFL Films Presents on ESPN.  CBS Sports Radio director of programming Eric Spitz says, “D.A. is an all-star in Boston and his energy and understanding of the sports world will no doubt translate to a national platform.  Damon is certainly the man to keep listeners engrossed overnight, and his work at stations across the country, covering a multitude of different sports, will be beneficial to our listeners.  His success and following on our local radio station and his charitable endeavors in the community prove he will make a great addition to our already outstanding lineup at CBS Sports Radio.”

WTOP Newsman Donates iPhone to Newseum.  It’s unclear whether WTOP, Washington news reporter Neal Augenstein was the first American radio news reporter to use the iPhone as his “sole” reporting tool, but Augenstein sure has attracted a lot of interest after it became known how he was using the device.   Poynter.org reports the donation to the Washington, DC museum of news and related technology.  Newseum Curator of Collections Carrie Christoffersen tells Poynter.org, “We collect all sorts of things that relate to changes in news technology.  It was really interesting to us, since he’s doing all of his audio interviews, editing, video work, all on his iPhone, with some supplement from an iPad.  He’s enabled himself to be very, very on-the-go.”  There are no immediate plans to display the device but Christoffersen says their exhibits are always changing.  Augenstein is pictured here being interviewed recently for Talkers TV about his use of the iPhone for reporting.  Check out the cool five-minute video here.

Odds & Sods.  Radio pro Turi Ryder fills in on Tribune’s WGN, Chicago for midday talk host John Williams today…..Filling in today for Talk Radio Network’s Rusty Humphries is KDWN, Las Vegas morning drive host Alan Stock.

Inside the Locker Room.  In the photo here, KLAC, Los Angeles and Fox Sports Radio Network hosts Petros Papadakis (l) and Matt “Money” Smith (r) interview Los Angeles Lakers greats Kareem Abdul-Jabbar (second from left) and Jerry West (second from right) at a recent live listener event.  Abdul-Jabbar and West offered Lakers faithful their takes on the team’s new coach and the team’s prospects for the 2012-13 season.

TALKERS Weekly Affiliate Roundup.  Tom Gresham’s “Gun Talk” weekend program is added to the lineup at KAVA-AM/FM, Pueblo, Colorado; WEZS, Laconia, New Hampshire; and KOHI, St. Helens, Oregon…..“America Tonight” with Kate Delaney is picked up by WLSC, Myrtle Beach, South Carolina…..Fox Sports Radio Network programming is added to new affiliate KOPJ, Portland…..ESPN Radio programming is picked up by Cox Media’s WDBO-AM, Orlando.

Petraeus-Broadwell Scandal Tops Talkers TenTM for Week of November 12-16.  The ever deepening scandal involving ex-CIA director David Petraeus and biographer Paula Broadwell was the most-talked-about story on news/talk radio this week, according to ongoing research from TALKERS.  At #2 this week was the Benghazi attack investigation.  At #3 was the “fiscal cliff” Washington lawmakers are facing followed by Obama Administration Cabinet changes at #4.  The Talkers TenTM is a weekly ranking of the top stories and people discussed on news/talk radio.  It is published at Talkers.com every Friday.  View this week’s entire chart here.

Wednesday, May 16, 2012

| May 16, 2012

Howard Stern’s Debut on “America’s Got Talent” Gets Mixed Ratings Results.  Although billed as a “judge,” iconic talk radio star Howard Stern’s debut on NBC’s “America’s Got Talent” was one of the most-judged elements on the program.  The show’s season opener was one of Monday’s top shows with a 3.6 average rating in the 18-49 demo but that number was down from the program’s debut episode last season when it scored 4.3 average rating.  TVbytheNumbers reports the program faced stiffer competition this year.  Ratings for reality talent and music competition programs are down pretty much across the board this season and Stern’s effect on “America’s Got Talent” will be hard to judge.  The TV industry is dealing with softer ratings in prime time for almost all programming this season.  Meanwhile, TALKERS editorial board members report noticing that it seemed strange seeing Stern in the role of prime time TV “celebrity team player,” as opposed to being the focal point of his own edgy show.  Those expecting anything approaching “The Howard Stern Show” came away disappointed — including media watchdog groups.

Cumulus to Move Atlanta All-Newser Closer to the City.  Cumulus Media’s WYAY-FM, Gainesville, Georgia – soon to be the company’s new all-news outlet in the Atlanta market – will move from 106.7 to 106.5 and take Sandy Springs as its city of license if the FCC grants approval for the changes.  The move would put the new station’s tower much closer to the downtown area.  Currently, WYAY-FM’s class C signal emanates from a tower location about halfway between Atlanta and Athens to the east.

Social Media Ad Spending to Near $10 Billion by 2016.  That’s from BIA/Kelsey’s U.S. Local Media Forecast and it predicts that ad spending on social media will climb from the 2011 level of $3.8 billion spent to $9.8 billion in 2016.  The local segment of that revenue will go from 2011’s $840 million to $3.1 billion in 2016.  BIA/Kelsey’s Jed Williams states, “Better performance, coupled with richer formats and creative elements, like video, will be the principal social ad market growth drivers.  Social advertising’s local business penetration will steadily increase as SMBs’ understanding of social media deepens, and as the networks continually improve the ease of onboarding and campaign management.  Facebook opening its Ads API to more partners, including those that work with SMBs, and Twitter’s self-serve platform will help to ‘democratize’ social ads, which will ultimately lead to more local growth.”

Emmis Stock Continues to Be Traded on the NASDAQ.  Emmis’ listing on the NASDAQ was in jeopardy after falling under the $1 threshold late last year earning a de-listing notice from NASDAQ.  But Emmis stock rose above the $1 mark in late April and even hit $1.63 on May 2.  Emmis stated its case to a NASDAQ panel and the company was just informed it will continue to be traded on the board.

ESPN’s Scott Van Pelt Agrees to New Multi-Year Deal.  Twelve-year ESPN personality Scott Van Pelt agrees to a new multi-year extension with ESPN to remain a SportsCenter anchor and host his eponymous daily sports talk radio program.  Van Pelt joined ESPN in 2001 as its lead professional golf reporter.  He says he’s thrilled how his career at ESPN has turned out.  “I’ve always been a guy who was kind of on the wave wherever it took me.  And somehow it took me to where it did and I’m thankful.  I’m happy to stay in this boat, on this wave, until they’re done with me. . .None of this was even thinkable but here we are.  It’s baffling to me.”  The details of the new contract are not being disclosed.

WQAM, Miami Seals Contract Extension with University of Miami.  The Beasley Broadcasting sports talk station agrees with Hurricane Sports Properties to a five-year contract extension to keep football and men’s basketball games on WQAM.  The financial terms of the deal were not released.  The deal also calls for a certain number of baseball games to air as well as the weekly coaches’ shows with Joe Zagacki.  WQAM vice president and general manager Joe Bell states, “UM sports have been a huge part of WQAM for over a decade and we’re excited to continue that relationship.  Our listeners have come to expect the best from WQAM and it doesn’t get any better than Hurricane sports.”

ESPN Radio Unveils New App for iPhone, iPad and iTouch.  The sports entertainment giant announces it is releasing a new ESPN Radio app touting it as its “single, most definitive ESPN Radio app optimized for iPhone, iPod touch and – for the first time – iPad.  The app, sponsored by Lowe’s, creates a seamless, personalized sports listening experience both live and on demand and includes a new feature that allows fans to build their own sports stations. Additionally, fans now have the option to rewind live audio streams, including ESPN Deportes Radio.”  ESPN digital and print media vice president Marc Horine says, “With this update, fans now have complete control over their listening experience as the app provides the functionality to customize specifically by sports, teams and athletes they care most about.”

Euro Zone Tensions, Financial Markets Activity, 2012 Presidential Race, Obama Gay Marriage Stance, and Trayvon Martin Case Among Top News/Talk Stories Yesterday (5/15).  The possibility of  Greece’s exit from the EU; the European effect on world financial markets; the 2012 presidential race; President Obama’s stance on gay marriage; and new information about George Zimmerman’s injuries in the Trayvon Martin case were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.