Tag: "net income"

Friday, November 13, 2020

| November 13, 2020

NOW POSTED:  This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted. This new episode titled, “It’s Democracy Stupid!” looks back at this past week of November 9 – November 13, 2020.  The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS; Martha Zoller, talk show host, WDUN, North Georgia; Chip Franklin, talk show host, KGO, San Francisco; Dr. Daliah Wachs, talk show host, Genesis Communications Network / medical physician; Blanquita Cullum, talk show host, WCGO, Chicago; and Paul Vandenburgh, talk show host / station owner, WGDJ, Albany, NY. This acclaimed news/talk radio show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; WVLY, Wheeling, WV; WTRW-FM, Scranton/Wilkes Barre, PA; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; WGDJ, Albany, NY;  WJFN-FM, Richmond, VA; WZFG, Fargo; KTGO, Tioga, ND; KWAM, Memphis; K-NEWS, San Luis Obispo; WCHM, Clarkesville, GA;  WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; the Virginia Talk Radio NetworkCRN Digital Talk Radio NetworkPioneer Valley Radio, Springfield, MA; Podcast Radio, UK and many more.  To listen to this week ’s episode, please click here. To view the latest TALKERS magazine topic research, please click here.  “The Michael Harrison Wrap” is now available in syndication via Talk Media Network to stations across America on a market exclusive basis. For affiliation information, please click here or call 616-884-8616.

Salem Media Group Q3 Total Revenue Down 5.4%. Reporting its earnings for the third quarter of 2020, Salem Media Group says total revenue for the quarter was $60.6 million, down 5.4% from the same period in 2019. Operating income for the third quarter of 2020 was $4.8 million compared to the $14.5 million loss it posted in Q3 of 2019. Net income was $329,000 in Q3 of this year compared to the $20 million net loss it reported for the same period in 2019. Looking at Salem by division, net broadcast revenue was $45.4 million, down 4.8% from the same period in 2019, digital media revenue increased by 7.8% to $9.8 million, and publishing was down 25.3%. During Thursday’s investor conference call, Salem director and CEO Edward Atsinger said, “For the third quarter, broadcast revenue increased by 15% when compared to the second quarter but declined 4.8% when compared to the third quarter of last year. Despite that decline, those numbers compare favorably to the industry as a whole. According to Miller Kaplan, in the markets where we operate, the radio industry was down 30.2% compared to last year. And our performance, I think, highlights the difference in our business model with a foundation on national and local ministry block programming and our most recent investments in Salem Surround and SalemNow. Just as a reminder Salem Surround is our local digital multimedia advertising agency and SalemNow is the over-the-top streaming movie business that we launched in Q2… Turning to traditional radio advertising. Spot revenues continue to recover. Total spot was up 26.4% when compared to the second quarter of this year 2020. However, compared to last year, local spot revenue was down 25.8% while national spot revenue only declined 8.4%. Combined total spot revenue was down 21.7% in the third quarter compared to last year. Again, this was much better than the radio industry overall which, according to Miller Kaplan, total spot revenue declined 33.6% for the industry as a whole. Our syndicated network business remained strong and actually grew revenue 4.9% in the third quarter when compared to last year.” Thanks to Seeking Alpha for the conference call transcript. Members can read the whole transcript here.

WILK, Wilkes-Barre’s John Webster to Retire Next Month. The Citizen’s Voice reports that John Webster will retire from the radio business and his current gig as morning drive co-host on Entercom’s news/talk WILK, Wilkes-Barre in mid-December. Webster has worked in local radio in Northeastern Pennsylvania for the past 40 years. He partnered with Jay Daniels to co-host “Daniels and Webster” on Times-Shamrock’s “Rock 107” for 25 years. Webster joined WILK in 2010 and currently hosts the morning show with Nancy Kman. Entercom Scranton/Wilkes-Barre market manager Ryan Flynn tells the paper that it is currently seeking Webster’s replacement and hopes to have that person in place by the New Year. About his career, Webster tells Citizen’s Voice, “It beats working for a living. As cliché as it sounds, if you love what you do, you’ll never work a day in your life. What I used to get detention for in high school I ended up getting a paycheck for. I was having a good time, clowning around and fooling around and just enjoying myself. As it turned out, people seemed to enjoy listening to that and it all worked out.”

Roxanne Marati Named Market Manager for Entercom Kansas City. Sales and management pro Roxanne Marati is promoted to SVP and market manager for Entercom’s Kansas City station group that includes news/talk outlets KMBZ-FM and KMBZ-AM, KCSP “610 Sports Radio,” KWOD-AM “1660 The Score” and four music outlets. She comes to Kansas City from her most recent post as VP of sales for the company’s Denver station group. She takes over for Dave Alpert, who exited the company last month. Entercom regional president Doug Abernethy says, “It has been a pleasure to watch Roxanne grow and deliver results the last seven years as our vice president of sales. She is a dynamic leader and a great fit to lead our collection of assets in Kansas City and I am thrilled to continue to work alongside her in this new chapter in her career.”

Independent Broadcasters Association Assisting Job Hunters. In a partnership with Vipology, the Independent Broadcasters Association has created a rapid response opportunity for members of the radio community losing their positions. IBA president and executive director Ron Stone says, “We have been watching the trades for the past two weeks and have been heartbroken by the massive terminations announced daily in the trades in so many markets around the country. We are living in the most challenging economic times since the Great Depression 100 years ago, literally since radio began. To see so many broadcast professionals terminated during the worst of times is hard to digest. We shifted gears on our own website development, built and managed by Vipology, to provide opportunities for those impacted to ‘meet up’ with potential broadcasters that may either be searching for new talent or perhaps be interested in engaging these folks for tracking positions. We just cannot sit by and watch the continuation of more and more terminations without offering help. We are all in this together, and that includes keeping people employed so they can feed their families.” You can see the Talent Available page here. If you are out of work and wish to add your information, you can do that here.

TALKERS News Notes. Television marketing executive Ilana Susnow joins PodcastOne as its head of marketing and audience development. The New York-based Susnow – who will report to PodcastOne CEO Peter Morris – will oversee all marketing initiatives for PodcastOne and its numerous podcasts. Her responsibilities will include developing and executing marketing strategy and audience growth for PodcastOne, including launching new shows and managing the lifecycle of all programs in the PodcastOne network. In addition, Susnow will have oversight and management of all paid media marketing campaigns, trade deals, event planning and PR, as well as collaborating with the sales team on integrations and talent relations…..Pop star Kesha partners with iHeartMedia on a new podcast called, “Kesha And The Creepies,” in which she chats with an eclectic mix of guests about their supernatural experiences, the occult, unexplained mysteries, urban legends, psychedelic art, spirituality, astrology and more. Her first guest is rocker Alice Cooper. She says, “I’m existentially pleased and molecularly stoked to be premiering my new podcast ‘Kesha & the Creepies!!!’ I have had so many experiences in this incarnation that I just can’t ignore or explain, and I’ve always been fascinated by supernatural subjects, the unexplainable, and people exploring alternative thought and lifestyles.”…..ABC Audio announces Thanksgiving weekend programming for radio, including the news and news/talk-formatted show, “Celebrating the Arts,” hosted by ABC News correspondent Aaron Katersky. The three-hour special profiles artists, artisans, and creators “who nourish Americans through their work.” The program features interviews with a craftsman turning junk airplanes into pieces of art and one-of-a-kind furniture, a photographer capturing the first moments of connection after COVID-19 lockdowns, and a poet whose words bring comfort. “Celebrating the Arts” also takes listeners to Kansas City’s inimitable jazz scene, hits the streets with buskers, visits drive-in theater productions, and more.

Presidential Election Aftermath Top News/Talk Story for Week of November 9-13. The aftermath of the presidential election was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was the Georgia runoff elections and the recount of the presidential race. Coming in at #3 was the rising number of COVID-19 cases in the U.S. and abroad, projections for winter cases, the race for an effective vaccine and the country’s hospital crisis, followed by the Supreme Court’s hearing arguments about the Affordable Care Act 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. See this week’s entire chart here.

Music Radio News and Career Moves. The annual Westwood One Nashville country music special, “A Thanksgiving Weekend Celebration,” is available to stations for the coming holiday weekend. This year’s four-hour program is being hosted by reigning ACM Entertainer of the Year and multi-platinum artist Thomas Rhett. WWO says that Rhett and his friends will share their favorite dishes and traditions along with great country music. Florida Georgia Line, Keith Urban, Carrie Underwood, Kenny Chesney, Tim McGraw, Luke Combs, and many more will join Rhett. Stations can air “A Thanksgiving Weekend Celebration” any time from November 26-29 from 6:00 am and 12:00 midnight.

Monday, November 9, 2020

| November 9, 2020

Pending Business: Sales Lessons from the Election Cycle. Sales and marketing pro Steve Lapa, president of Lapcom Communications Corp, writes in today’s column that presenting a concise, targeted message of your station’s benefits to prospects is crucial to making the sale and is ultimately more important than how many prospects you toss into the hopper. Read his column here.

Biden Declared 46th President/Trump Refuses to Concede, Georgia Runoff Elections, COVID-19 Stats & Projections/Vaccine, the Economy/Stimulus Deal, Tropical Storm Eta, and Alex Trebek Dies Among Top News/Talk Stories Over the Weekend. Democratic challenger Joe Biden is declared the winner of the 2020 presidential election and President Trump’s refusal to concede the election; the January run-off elections for Georgia’s two U.S. Senate seats; the rising number of COVID cases in the U.S. and Europe, projections for the fall and winter months, and Pfizer’s announcement that its COVID vaccine appears to be 90% effective; the state of the U.S. economy and anticipation of a new stimulus deal; the arrival of Tropical Storm Eta in Florida; and longtime “Jeopardy!” host Alex Trebek dies among top news/talk stories over the weekend, according to ongoing research from TALKERS magazine.

Monday Memo: 20-20 News. With the holidays looming, and as we are prepping perennial year-end retrospectives, it’s easy to wonder what-the-heck-NEXT? In this week’s column, consultant Holland Cooke offers a wider-angle shot, and simple suggestion for radio. Read it here.

Townsquare Media Q3 Net Revenue Down 15.3%. Third quarter earnings from Townsquare Media indicate the company is weathering the COVID-19 pandemic better than some of radio’s larger firms. Net revenue for the third quarter of 2020 was $95.4 million, a decrease of 15.3% from the same period in 2019. While advertising revenue was down $16 million or 17.2%, Townsquare Interactive net subscription revenue increased $2.3 million, or 14.5%, to $18.2 million. For obvious reasons, live events net revenue decreased $3.5 million, or 98.2%, to $0.1 million. Townsquare was able to post net income of $1.3 million for the quarter (compared to the $7.3 million in net income in Q3 2019) whereas many broadcasting companies are posting losses for the quarter. Townsquare CEO Bill Wilson says, “I am proud to share with you today that Townsquare’s third quarter results exceeded our expectations, driven by sequential net revenue improvement throughout the quarter as our business continued to accelerate despite the impact of the COVID-19 pandemic. Third quarter net revenue improved to a decline of -15.3%, as compared to the third quarter of the prior year, which was up from a decline of -34.5% in the second quarter. This translated to a strong increase in Adjusted EBITDA from $2.1 million in the second quarter to $17.5 million in the third quarter. Our better than anticipated third quarter results were due to gains in both our Townsquare Interactive and Advertising segments. Townsquare Interactive, our digital marketing subscription business, has delivered net subscription revenue and subscriber growth each and every month of 2020, demonstrating its recession-resistant characteristics and proving to be valuable and a tremendous resource to local businesses. In the third quarter, Townsquare Interactive’s net revenue increased 14.5% over the prior year period, at an Adjusted Operating Income margin in excess of 30%, and added approximately 1,150 net subscribers, marking the 10th consecutive quarter of 850 (or more) net subscriber additions and the most quarterly net subscriber adds in nearly six years. Improvement across our Advertising segment was broad based, as revenue declines improved from -37.5% in the second quarter to -17.2% in the third quarter, each as compared to the prior year. Broadcast advertising net revenue sequentially improved throughout the quarter, with and without political revenue, and digital advertising net revenue returned to growth in the third quarter, driven by positive net revenue growth from Townsquare Ignite (+10% year over year), our digital programmatic advertising solution, and AMPED (+9% year over year), advertising revenue associated with our owned and operated local websites. In total, our digital net revenue exceeded 44% of our total net revenue in Q3 2020, and we remain confident that Townsquare Interactive and Townsquare Ignite will each generate $100 million of annual net revenue in two to three years… Although 2020 has been a challenging year, we are proud that we did not need to alter our core strategy.  Rather, we believe the pandemic has allowed us to separate from our local media peers by placing a spotlight on the success of our strategy.  Our focus on underserved small and mid-sized local markets, our investment and commitment to our ‘Local First strategy, and our investment in world class personnel, technology and infrastructure that allowed us to build a strong digital platform with best of breed products, services and solutions that contributes 44% of our total revenue, have all contributed to our ability to mitigate revenue declines and manage quite effectively through this downturn. We believe these actions will position Townsquare to quickly emerge from this crisis and return to our market leading performance quickly once this crisis abates.”

iHeartMedia Cuts Hit WLW, Cincinnati’s Steve Sommers. WVXU, Cincinnati’s John Kiesewetter reports that longtime “America’s Truckin’ Network” host Steve Sommers is a victim of the current downsizing taking place at iHeartMedia. The overnight program has aired on WLW, Cincinnati since it was launched by Sommers’ father, Dale “Truckin’ Bozo” Sommers, in 1984. As Kiesewetter notes, Steve Sommers joined his father on the program in 1996 and took over the program in 2004. Sommers posted to Facebook: “I have been DISMISSED from I-Heart Radio… I’m sorry my friends… 2020 is a bitch!!! I will not have a chance to say GOOD-BYE!!! Thanks for 25 years of friendship!!” It’s unclear what the status of the overnight program is as the “America’s Truckin’ Network” – along with Sommers’ photo – is still listed on the WLW website.

TALKERS News Notes. Washington, DC’s WTOP is partnering with longtime market crime reporter Paul Wagner for a new podcast titled, “Murder in a Safe Place.” Wagner has worked for WTTG-TV “FOX5 News” for the past 20 years covering cases including the murder of Congressional intern Chandra Levy to the Mansion Murders and the police-involved shooting of motorcyclist Terrence Sterling. He served as a reporter at WTOP from 1989 to 1999. In this series, Wagner examines a local cold case from 22 years ago: the murder of Sherry Crandell, a 50-year-old hospital worker who was brutally assaulted and later found dead in her office at Prince George’s Hospital Center. WTOP director of news and programming Julia Ziegler says, “Paul is a part of the WTOP family, and we are so excited to partner with him on this project. This 22-year-old cold case is a horrific and baffling one that will have listeners asking questions. Our hope is that through the reach of this podcast, we can bring closure to this case and the Crandell family.”…..iHeartMedia and the Malcolm Gladwell and Jacob Weisberg-co-founded Pushkin Industries enter into a co-production and distribution agreement that will make iHeartMedia the exclusive sales partner for Pushkin’s catalog of podcasts that includes “Revisionist History,” “Broken Record,” “The Happiness Lab with Laurie Santos,” and many others. As part of this deal, iHeartMedia and Pushkin Industries will co-produce a slate of new, original podcasts over the next two years. Gladwell says, “We started Pushkin to share the joy Jacob and I have found in creating and producing podcasts. Working with the team at iHeart will allow us to spread this joy at an even bigger scale.”…..AdLarge Media and National Sports Network unveil their slate of NCAA basketball games for the 2020-2021 season for radio. Last month, AdLarge was announced as the exclusive ad sales partner for the NCAA basketball games on the National Sports Network. The networks will air the Creighton Bluejays vs the Kansas Jayhawks on December 8 and the Gonzaga Bulldogs taking on the Iowa Hawkeyes on December 19.

Music Radio News and Career Moves. Programming pro Zannie Glover, a.k.a. Zannie K, is named program director for Beasley Media Group’s hip hop WMGC “105.1 the BOUNCE” and urban contemporary WDMK “105.9 KISS-FM,” effective December 1. Zannie K was most recently program director at non-commercial KMOJ-FM, Minneapolis as well as was the associate program director and nationwide night talent for Westwood One’s classic hip hop format…..Urban One Columbus enters into a Local Marketing Agreement with Southern Ohio Broadcasting to operate WWCD-FM, Columbus and launches a regional Mexican/tropical format branded as “La Grande 102.5 FM.” Urban One RVP Eddie Harrell Jr. says, “We are pleased to expand our footprint again in Central Ohio by reaching the fastest growing segment of the population, inclusive of the Mexican community and growing Central and South American communities. Combined with our African American targeted radio/television assets, we are now the largest single source provider of content to African Americans and Spanish speaking residents in Central Ohio.”…..Entercom’s rock outlet KISW-FM, Seattle is presenting the sixth annual “Live Day” tomorrow (11/10). This year’s completely live, virtual event will feature broadcasts of the station’s morning show “BJ & Migs” and afternoon show “The Men’s Room” with no recorded commercials, sound effects or music. Fifteen bands from across the Northwest and multiple voices from across the country will perform throughout the 12-hour program. KISW brand manager Dave Richards says, “For the KISW audience, 2020 wouldn’t be complete without the annual entertainment spectacular, ‘Live Day.’ This year, every artist and performer will participate virtually and distanced. Thank you, technology.”

Thursday, November 5, 2020

| November 5, 2020

Cumulus Media’s Q3 Financial Report Reveals Net Revenue Down 30.1%. Reporting its earnings for the third quarter of 2020, Cumulus Media says net revenue was $196.4 million, a decrease of 30.1% from the same period in 2019. The company also reports a net loss of $15.8 million compared to the $16.3 net income reported for the third quarter of 2019. Same station net revenue was $196.4 million, a decrease of 29.4% from Q3 of 2019. Cumulus Media president and CEO Mary Berner says, “In the third quarter, the company continued to focus on maximizing revenue performance, executing meaningful expense reductions, protecting cash through efficient working capital management and strengthening our balance sheet. Despite the extraordinary challenges of operating through a pandemic, we have reduced debt by $269 million and increased cash by $316 million since emerging from bankruptcy in 2018 (a net debt reduction of more than $585 million or 46%.) We believe that these actions, along with record-setting political revenues, will allow us to navigate through and emerge from the COVID-19 crisis with considerable ability to support our growth initiatives and capitalize on strategic and operating opportunities in 2021 and beyond.”

Bakersfield Talk Radio Personality Inga Barks Dies. According to a report by KERO-TV, Bakersfield, former market talk radio personality Inga Barks has died unexpectedly at age 53. At this point details are few, but it appears Barks passed away on November 4. KERO-TV quotes Barks’ friend Cindy Andrews – who worked with Barks at American General Media news/talk outlet KERN-AM – saying, “I am deeply saddened over the death of my former coworker and friend, Inga Barks. Not only was she a talented talk show host, but she was also very devoted to her family. We shared many laughs and unique experiences as female broadcasters for American General Media. She will be missed by many.” You can see KERO-TV’s report that includes tributes from former co-workers – including KMJ, Fresno’s Blake Taylorhere.

WTIC-AM, Hartford Morning Co-Host Joe D’Ambrosio to Leave Station in June. According to an account in the Hartford Courant, WTIC-AM, Hartford morning drive co-host Joe D’Ambrosio says he’s frustrated with his “inability to speak his mind on the air and will leave his position when his contract expires in June.” The paper reports that D’Ambrosio told co-host Ray Dunaway, “At this radio station at this time, I’m not allowed to let my opinions be known. I’ve told management, when my contract is up in June, my time with WTIC will be over.”  It’s not clear if D’Ambrosio is upset with a directive from management or just with the general tenor of host and caller opinions. Reporter Susan Dunne says that when reached later, D’Ambrosio declined to elaborate on his comments.

PPM Analysis: News/Talk. TALKERS magazine managing editor Mike Kinosian presents a look at the performances of radio stations based on data from Nielsen Audio’s October 2020 PPM survey, today focusing on the news/talk format. Over the last eight PPM surveys going back to March, the global pandemic, racial tensions/protests, and the election year have provided the news/talk format with ample hot-button issues to discuss and the format’s performance has improved over the same period in 2019, based on Nielsen’s 6+ weekly AQH share data. In the October 2020 survey, 61% of news/talk stations were up over the September 2020 survey with gainers being led buy iHeartMedia’s KFYI, Phoenix (+1.4) and Bonneville’s KSL-FM, Salt Lake City (+1.3). Comparing year-over-year data, 68% of news/talk stations were up in October 2020 compared to October 2019 with gainers being led by iHeartMedia’s WISN, Milwaukee (+6.2), KNRS-FM, Salt Lake City (+4.4), and WCBM Inc’s WCBM, Baltimore (+3.7). In the October 2020 survey, seven news/talk stations ranked #1 (6+) in their respective markets. Find out which stations were ranked #1 by reading Mike Kinosian’s complete report here.

Mid-West Family Madison Donates $900k in Advertising. The Madison, Wisconsin station group of Mid-West Family Broadcasting gave $900,000 in free advertising (more than 31,000 commercials) to hundreds of local businesses affected by the COVID-19 pandemic between March 21 and July 21 through its “NOW OPEN” program. Mid-West Family Madison president Tom Walker says, “Our company was formed in Madison, we’ve been here for 91 years, and our commitment to the community and local businesses is our top priority. ‘NOW OPEN’ gave us the chance to connect businesses with consumers when they needed it most.”

Report: ESPN to Lay Off 300. According to a report by Andrew Marchand in the New York Post, sports giant ESPN is laying off 300 staffers and will not fill some 200 positions that had been open. This comes as parent company ABC/Disney deals with the effects of the pandemic and the changes in media consumption behavior. Marchand’s report indicates that the cuts will be “spread across the network” but will largely spare on-air personalities. Marchand adds, “As is the case across Disney, ESPN is trying to shift more of its business to direct-to-consumer. It has created ESPN+. It had reported 8.5 million subscribers as of this summer. The pandemic has also created new ways to deliver programming with less people.”

The Road to 270 Electoral Votes/Promised Legal Challenges, Portland Violence, COVID-19 Stats & Projections, European Lockdowns, New Islamic Terror Threats, U.S. Exits Paris Climate Accord, Prop 22 Passes in California, Watch on Hurricane Eta Among Top News/Talk Stories Yesterday (11/4). The counting continues as Donald Trump and Joe Biden each hope to reach the 270 electoral vote threshold to claim victory and the gearing up of legal challenges to some states’ vote totals; the National Guard is called in to Portland, Oregon after a riot is declared; the rapidly rising number of COVID-19 cases in the U.S. and projections for the fall/winter seasons; the lockdowns being ordered in numerous European nations to combat the rising number of COVID cases; concerns about new terror attacks by actors sympathetic to the Islamic State; the United States officially exits the Paris Climate Accord; California passes Proposition 22 which allows Uber and Lyft to treat drives as contractors and not employees; and the possibility that Hurricane Eta will gain steam and head for Florida 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. The Rock & Roll Hall of Fame and iHeartMedia are teaming up for an exclusive podcast partnership for the series “Rock & Roll Hall of Fame Induction Vault” that will debut Friday (11/6), the day before the 35th Annual Rock & Roll Hall of Fame Induction Ceremony airing on November 7 on HBO. The series covers iconic induction speeches and will debut with The Beatles inducted by Mick Jagger, N.W.A inducted by Kendrick Lamar, The Eagles inducted by Jimmy Buffet, and Stevie Nicks inducted by Harry Styles. New episodes will premiere every Friday through the end of the year and a second season will premiere in early 2021. iHeartPodcast Network president Conal Byrne says, “Over the past 35 years, the Rock & Roll Hall of Fame Induction ceremonies have become renowned for their impassioned and sometimes outrageous acceptance speeches. We’re thrilled to bring the most iconic moments of past and present music infamy to fans around the world and continue to share what’s made the event special in the past and for years to come.”

Wednesday, November 4, 2020

| November 4, 2020

POST-ELECTION DAY UNCERTAINTY: News/Talk Media Braces for Even Further Polarization.  As indicated yesterday in TALKERS, news/talk media programmers and on-air hosts are contemplating what life will be like after the election (see story below), weighing the impact various potential scenarios will have upon their positioning and preparing themselves for inevitable changes in the political landscape. In this era of targeting audiences based on their political predisposition, or what TALKERS founder Michael Harrison yesterday (11/3) described as “the daily dance of affirmation,” the results of this election could have a profound impact on the ideological stances of talk show hosts going forward. Now, a day later, at the time of the posting of this item, the final result of the election is still undetermined as the nation awaits accurate counts in several battleground states. Harrison, notes, “We now know one extremely important thing that wasn’t certain yesterday – there will be no blow out.  There will be no so-called blue or red wave.  There will be no clear-cut confirmation of a basic direction agreed upon by an obvious majority of Americans. That means more, not less, polarization and the further intensification of fear, anger, and political tribalism. One of the greatest obstacles to creating viable objective journalism and social healing in such an environment is the prevailing attitude, ‘if you are not with us, you are against us.’”

Saga Communications Q3 Revenue Rises Dramatically from Q2; Still Down 26% from Q3 in 2019. Reporting on its revenue for the third quarter of 2020, Saga Communications says, “Third quarter revenue and related net income continue to be materially impacted by disruptions to businesses and service providers activities due to the COVID-19 pandemic. From the net revenue low point in April the company’s revenue has significantly increased in each of the following months. The company continues to concentrate on new revenue strategies and enhanced engagement with its existing and new advertisers.” Saga’s net revenue for Q3 2020 was $24.1 million, a 43.1% increase over Q2 of 2020 but 26% lower than the $31.3 million reported in Q3 of 2019. Station operating income was $6.1 million for the quarter, a decrease of 42% from the same period in 2019. Station operating expense decreased $4 million to $19.6 million for the quarter compared to the same period last year. Operating income was $247,000 and Saga took a net loss of $950,000 for the quarter, compared to the gain of $3,3 million it reported in the third quarter of 2019. Among the publicly traded U.S. radio companies, Saga Communications is positioned well going forward as it has $49.8 million in cash on hand as of November 2, 2020. Its total bank debt is just $10 million as of the end of the quarter.

Country WCOL-FM, Columbus PM Jock Brandon Boxer Doubles Up to Host Mornings on News/Talk WTVN-AM. Columbus Business First reports that iHeartMedia has filled the morning show host role at news/talk WTVN-AM, Columbus with Brandon Boxer, currently the afternoon host and assistant program director at sister country station WCOL-FM. Boxer replaces Joel Riley, who along with producer Tom Schmid were laid off in this latest round of staff culling at the company. Boxer will continue in his roles with WCOL. He tweeted on Monday: “Today was a tough one for some of my colleagues & very sad. I feel very weird announcing this, but tomorrow I begin a new journey hosting mornings on [610 WTVN]. It’s extremely bittersweet & I’m scared to death, but here we go.”

Jason Lewis Comes Up Short in U.S. Senate Race. Former Minneapolis talk radio host Jason Lewis (also a former GOP congressman from Minnesota) was unsuccessful in his bid for the U.S. Senate seat held by Tina Smith. She won the special election to fill the seat vacated by Al Franken in 2017 and was running against Lewis for her first full, six-year term. Lewis began his talk radio career as a weekend host on KOA-AM, Denver. He worked in the Twin Cities market as a talk host at KSTP and KTLK. His talk show was eventually syndicated by Premiere Networks and Genesis Communications Network. He’d also served as a talk host at WBT-AM/FM, Charlotte.

PPM Analysis: Sports Talk. TALKERS magazine managing editor Mike Kinosian presents a look at the performances of radio stations based on data from Nielsen Audio’s October 2020 PPM survey, today focusing on sports talk. The transition from the September PPM survey to the October PPM survey was good for sports talk radio as 65% of sports talk stations were up (6+ weekly AQH share) compared to the 18% that were down and the 17% that were flat. Gainers were led by iHeartMedia’s KFXN-FM, Minneapolis “K-FAN” (+2.9); Cumulus Media’s WGFX-FM, Nashville “104.5 The Zone” (+2.4); and Cumulus’ KTCK-AM/FM, Dallas “The Ticket” (+2.1). However, a look at year-over-year numbers gives us a look at just how far many sports talk stations fell due to the COVID-related shutdown of live sports as 72% of sports talk stations in PPM markets were down compared to the October 2019 survey and just 22% improved. Those stations showing growth were led by KTCK-AM/FM, Dallas (+2.3); KFXN-FM, Minneapolis (+1.4); and Cumulus’ KNBR, San Francisco (+0.9). KFXN-FM was the only sports talk outlet to rank #1 in its market during the October 2020 PPM survey. See Mike Kinosian’s complete report here.

Election Day, COVID-19 Stats & Projections, the Economy & Financial Markets Activity, State Marijuana Votes/Oregon Decriminalizes Hard Drugs, IS-Inspired Terror Attacks, and China Halts Ant Group IPO Among Top News/Talk Stories Yesterday (11/3). The presidential election between Donald Trump and Joe Biden, as well as the races for U.S. Senate and U.S. Rep seats; the U.S. economy and the election day activity in the world’s financial markets; several states vote to legalize marijuana and Oregon decriminalizes small amounts of hard drugs; the Islamic State-inspired terror attacks France, Vienna, and Kabul; and the Chinese government stops the IPO of Jack Ma’s Ant Group 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. Detroit radio personality Mark “Meltdown” Milligan is celebrating his 25thanniversary at Beasley Media Group’s rock WRIF-FM. “Meltdown” began his career with the station on November 1, 1995 as the overnight jock. He later moved to the evening show host role and in February of 2009, he replaced Detroit legend Arthur Penhallow as the afternoon drive personality. Beasley Media Group Detroit director of programming Scott Jameson says, “One of the reasons legendary brands become ‘legendary’ are personalities that over time, develop a true connection and deep bond with the audience. In the nearly 50-year history of WRIF there have been two afternoon drive jocks. ‘Meltdown’ continues the rich legacy of outstanding air talent on WRIF. Congratulations on your 25th!”…..Service Broadcasting Group is looking for a high-profile entertainer to join the cast of the KKDA, Dallas “K104”-based “DeDe in the Morning” show that is nationally syndicated via Compass Media Networks. Service Broadcasting Group head of content George “Geo” Cook and #TeamDeDe are launching a national talent search for an entertainer, influencer, and storyteller who can collaborate with host DeDe McGuire and lead co-host Lady Jade to add their own authentic personality and powerful point of view to “DeDe in the Morning.” Email your video expressing why you are our next big star, along with your resume package, including an audio demo (aircheck), social media links, and podcast audio clips to SBG HR manager Debbie Henry at debbie.henry@K104fm.com. EOE.

Tuesday, November 3, 2020

| November 3, 2020

Beasley Media Group Third Quarter Report: Net Revenue Down 25%. The first radio company to report 2020 third quarter financial results is Beasley Media Group which reveals net revenue for the period was $49.6 million, down almost 25% from the $66.1 million reported in the third quarter of 2019. Obviously, the dramatic decrease is the result of a loss of advertising revenue due to the coronavirus pandemic. The company reports operating income of $0.8 million, down from $9.4 million in Q3 of 2019. Beasley reports a net loss of $2.7 million for the quarter compared to the net income of $3 million realized in the third quarter of 2019. Station operating income was $8.1 million, a little less than half of the $16.7 million in SOI reported in the third quarter of 2019. Beasley CEO Caroline Beasley states, “The strong recovery of our business continued in the third quarter of 2020. It is clear that the immediate actions we took to address the pandemic, including reducing station operating expenses, headcount reductions, furloughs, and negotiated discounts with landlords, service providers and partners have contributed to Beasley’s ability to rebound quickly. This focus, combined with the resumption of advertising in key categories, the experience of our teams who have managed through previous economic challenges, the quality of our content, and the role we play in the communities we serve, have all contributed to our ability to turn the corner as evidenced by the positive SOI recorded in the 2020 third quarter. Throughout the third quarter our sales teams drove monthly sequential revenue improvements with July up 8% over June, August up 24% over July and September rising 22% over August. Total net revenue for October increased in the low- to mid-single digits, and November revenue is currently pacing down in the low teens. In addition to the resumption of advertising in key categories and the benefit of the political cycle, Beasley generated continued positive results from its digital and esports investments, which have been less impacted by the pandemic. Third quarter digital revenue rose 1.8% year-over-year to $5 million and our new esports operations generated approximately $500,000 of revenue during the period. Digital revenue accounted for approximately 10.1% of total third quarter revenue, compared to 7.4% of total revenue in the prior year period. Reflecting our initiatives to address the pandemic, including reducing operating expenses and corporate overhead and realigning our company-wide cost structure, Beasley’s third quarter total operating expenses declined by 15.9% and the company expects to reduce its operating expenses through year-end by more than $32 million compared to our 2020 operating budget. We anticipate that a meaningful portion of the operating expense reductions realized since the onset of the pandemic will be recurring, as we continue to make fundamental changes to improve processes and efficiencies across the organization. While the last several months have presented unprecedented challenges for ad-reliant businesses, I am extremely proud of the way our corporate and station level leaders and valued team members rose to the occasion and worked tirelessly to enable Beasley to return to positive cash flow in the third quarter. Looking ahead to the fourth quarter and 2021, we intend to continue our focus on growing our cash flow and maintaining a strong balance sheet with liquidity at current or higher levels. Growing ratings, diversifying revenue and delivering exceptional content and services to our listeners, advertisers, online users and esports fans will remain our focus. And we believe the tremendous resilience of our team and steps we’ve taken to strengthen our financial position and achieve ongoing operational efficiencies have helped ensure that Beasley Broadcast Group remains well-positioned for near- and long-term success.”

iHeartMedia Purging Employees; WTVN’s Riley and Schmid Exit. The latest round of “headcount reduction” is taking place at iHeartMedia, with air personalities, producers and more being let go as the company deals with the economic effects of the coronavirus pandemic. Because of the ratio of music-formatted stations to talk stations, the majority of those being laid off are from music outlets. Some of those working in talk formats who’ve been let go include WTVN, Columbus morning host Joel Riley and morning program producer Tom Schmid. Riley told Columbus Business First, “I worked there for over 26 years. It was my dream job, that morning show. I’m devastated. I will miss the listeners. They made that job special every day.”

PPM Analysis: All-News. TALKERS magazine managing editor Mike Kinosian presents a look at the performances of radio stations based on data from Nielsen Audio’s October 2020 PPM survey, today focusing on the all-news format. About half of the all-news stations in PPM markets were up (6+ weekly AQH share) and half were down or flat. Gainers were led by iHeartMedia’s WBZ-AM, Boston (+1.1) and Hubbard Radio’s WTOP-FM, Washington (+0.8). Year-over-year numbers tell a different story as 63% of all-news outlets improve. Top gainers from October 2019 to October 2020 include WTOP (+2.9), Entercom’s WBBM-AM/WCFS-FM, Chicago (+2.0), WBZ-AM (+2.0), and Sinclair Broadcast Group’s KOMO-AM/FM, Seattle (+1.9). See Mike Kinosian’s complete report here.

New Firm Major Triad Media Acquires TM Studios from Westwood One. Jingle and production house TM Studios is being acquired from Westwood One by Major Triad Media, a partnership of three TM Studios figures – creative director Dave Bethell, Chris “UK” Stevens, and jingle icon and current general manager Greg Clancy. A press release says the new company will maintain studios in Dallas, Los Angeles, and the UK. Bethell says, “From listening to TM jingles on my local radio station in England when I was a kid to becoming a fan, I’ve always wanted to work for TM. Eventually it was the place where I had my big jingle break back in 2005. I’ve written and produced for TM Studios continuously ever since. As co-owner I’m excited to tell the next chapter of TM’s incredible story with our perfect new partnership.” Stevens comments, “I’m so excited to be part of the team to take TM’s legendary name into a new chapter, and from my home country, no less. It’s been 15 years since I originally relocated from London to Dallas to work with TM. It is a dream come true to become part of the new ownership team.” Clancy adds, “I vividly remember watching my dad sing in TM vocal sessions as a kid and had my first vocal session at TM as a 12-year old boy. I began singing for Tom Merriman and Jim Kirk at 23, straight out of college. Just imagine what this moment means to me. We are standing on the shoulders of giants and can’t wait to grow and extend the TM legacy.” TM Studios will continue to work with Westwood One, with a multi-year agreement to serve as exclusive barter representative to seamlessly serve existing clients.

‘The Fisher House Story’ Available Now in Time for Veterans Day. Veterans Day is next Wednesday (11/11) and the Fisher House Foundation announces that The Jeff Wyatt Group has a fresh edition of “The Fisher House Story” for 2020 ready for download. “The Fisher House Story – A Family’s Love” is a radio special provided in varying lengths for news/talk radio stations in the U.S. and around the world. The three-hour, one-hour, 25-minute, and 30-minute radio specials are available for free. The specials are once again hosted by Mary Walter of WMAL-FM, Washington and feature stories of our nation’s heroes, the families who serve by their side, and how Fisher House plays a role in their journey. Your listeners will hear from Ben Breckheimer, an Army combat scout whose vehicle hit an improvised explosive device while driving with his team in Afghanistan; Lt. Col. Patrick Miller, an Army officer who was shot in the 2014 Ft. Hood shooting; and Jeff Sampson, a Navy veteran who needed a double lung transplant. These are just a few of the many stories that will be told “in their own words.” A clock and demo is now available at radio.fisherhouse.org. For more information on this radio special, available cash and barter free, contact Jeff Wyatt at The Jeff Wyatt Group at 301-518-3640 or jw@thejeffwyattgroup.com.

TALKERS News Notes. Tonight, the Westwood One nationally syndicated Jim Bohannon show is presenting election coverage from 10:00 pm to 1:00 am ET with the help of correspondents Clayton Neville and Linda Kenyon, plus commentary from Jed Babbin of the American Spectator, political science professor Dr. Frank Sorrentino, former Indiana congressman Dave Evans, and commentator Sean Walsh…..Cumulus Media’s Westwood One announces a partnership with Rolling Stone to market and distribute their podcasts “Useful Idiots with Matt Taibbi and Katie Halper” and “Rolling Stone Music Now.” The agreement includes the back catalogue in addition to future episodes…..Audio and spoken word agency Oxford Road announces the addition of three executive to the company. Kraig Kitchin – former Premiere Networks chief and current Sound Mind LLC principal – joins as strategic adviser. Steven Abraham is introduced as the company’s new president and Jennifer Laine is named head of marketing.

Today’s Presidential Election/Senate and House Races, Law Enforcement Prepares for Unrest, COVID-19 Stats & Projections, Terror Attacks, Hurricane Eta Approaches Central America Among Top News/Talk Stories Yesterday (11/2). Today’s presidential election between Donald Trump and Joe Biden, as well as the numerous Senate and House races; law enforcement’s concerns about and preparation for keeping voting places accessible and handling public safety in the event protests and violence break out; the fast-rising number of COVID-19 cases in the U.S. and in Europe and projections the second wave could be worse than the first; the recent spate of terror attacks in France, Vienna, and Kabul; and Hurricane Eta threatens Central America with record floodwaters 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. In the Twin Cities, Bring Me the News reports that air personalities Steve LaTart, a.k.a. Steve-O of CHR KDWB’s morning show and hot AC KTCZ “Cities 97.1” morning host Hunter Quinn both exit as part of the current downsizing taking place at iHeartMedia across the country…..Cumulus Media’s country WKDF, Nashville names Toni-Marie afternoon drive host. Toni-Marie joins Cumulus Nashville from Entercom’s country KWJJ, Portland “99.5 The Wolf” where she was midday host and APD. She says, “I have never been happier inside of a Walmart than the day that [program director] Paul Williams called to offer me this position! I’ve had the opportunity to do country radio in some amazing markets, but getting to work with Paul and the team at 103-3 in Nashville is a dream come true!”…..Alpha Media Portland announces that Gustav will join the KINK-FM lineup as the afternoon drive host. Alpha Media Portland operations manager Gene Sandbloom says, “Gustav has been an icon in Portland radio for 25 years, and we couldn’t be more excited to have him join the KINK team in afternoons. His breadth of musical knowledge and the relationships he has forged with artists throughout his career are most welcome. For more than 50 years the KINK brand has been about serving the needs of Portland and the surrounding communities. Hats off to the Alpha Media management team for making yet another true investment in being live and local.”

Thursday, October 22, 2020

| October 22, 2020

Rising Radio America Talk Star Chad Benson is This Week’s Guest on Harrison Podcast. Described as “a new generation talker,” Radio America syndicated talk show host Chad Benson is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” Benson’s rapidly growing three-hour daily syndicated program heard live 6:00 am to 9:00 am MT (9:00 am to 12:00 noon ET) emanates from KTAR, Phoenix where he also is co-host with Larry Gaydos of the station’s popular afternoon drive program. Both of these programs are proving to be very successful with the 25-54 adult demos. In addition to KTAR, Benson’s syndicated show is performing well on such stations as KXL-FM, Portland; WIBC-FM, Indianapolis; KSTE-AM, Sacramento; WOKV-FM, Jacksonville and KRMG-AM/FM, Tulsa among others. One of the syndicated show’s unique features is it is updated throughout the day so that it is current regardless of when stations run the program. Benson’s radio career began in his native California in the 1990s at the legendary KRTH (K-EARTH), Los Angeles as the executive producer of the Robert W. Morgan Show and went on to be heard on several California music stations. Building upon his creativity developed on the music side of the business, he honed his talk skills at Talk Radio UK in London as one of the first commercial talk hosts to take on the mighty BBC, boasting over a quarter million listeners per week. With success and experience abroad, he returned to the US and hosted programs in Palm Springs at K-NEWS-FM and in San Antonio at KTSA before eventually joining KTAR. He also played professional soccer while in Europe and was talented enough to be signed onto the rosters of several teams including the Bristol Rovers, the Falkirk (Scotland) Football Club and the Portsmouth Football Club. Harrison and Benson talk about today’s media, politics and sports with an eye on the future. Check it out! To listen to the podcast in its entirety, please click here or click on the player box marked “The Michael Harrison Interview” located in the right-hand column on every page of Talkers.com.

SiriusXM Third Quarter Revenue Up 1%. Reporting on 2020 third quarter financial data, SiriusXM says revenue was $2.02 billion, up 1% compared to the third quarter of 2019. Net income increased 11% to $272 million in the third quarter from $246 million a year prior. While subscriber revenue rose from $1.55 billion in the third quarter of 2019 to $1.59 billion in Q3 2020, advertising revenue was down from $366 million in Q3 2019 to $345 million in the third quarter of 2020. SiriusXM CEO Jim Meyer says, “SiriusXM maintains strong momentum heading into year end, and we are increasing all of our full-year subscriber and financial guidance today. Our talented people and our powerful business model have delivered stellar results during a challenging year for our company and country. Our commitment to having the best possible audio content from top talent, as well as leading media and sports brands, has never wavered. First, we are making significant progress in extending our relationship with Howard Stern. We reached a new agreement with Kevin Hart for more content, with LeBron James and Maverick Carter we launched UNINTERRUPTED Radio from the NBA bubble on Pandora, and we debuted our fulltime channel with the members of U2 on SiriusXM. Pat McAfee joined our sports lineup, and we returned to live sports across the MLB, NBA and NFL.  And we brought our listeners special moments like the recent interview between Paul McCartney and Alec Baldwin honoring John Lennon’s 80th birthday on The Beatles Channel.”

iHeartMedia Unveils ‘Building Black Biz’ Initiative. The newly revealed “Building Black Biz” initiative from iHeartMedia New York is designed to “support, sustain and grow local Black-owned businesses in the New York metro area.” In this effort, iHeartMedia New York pledges to support the “Building Black Biz” initiative during the next three months with more than 100 million media impressions on hip hop WWPR “Power 105.1,”CHR WHTZ “Z100,” WLTW “106.7 Lite FM,” hot AC WKTU, classic rock WAXQ “Q104.3,” and news/talk WOR as well as the stations’ websites and social media channels. iHeartMedia New York says that through the “Building Black Biz” initiative, listeners and aspiring business owners can hear from successful entrepreneurs within the tristate area on how they started their business and what advice they would give to new entrepreneurs. iHeartMedia New York president Bernie Weiss says, “I am so proud of our team for going above and beyond and creating this comprehensive campaign. New York needs more Black-owned businesses and I am thrilled we can use the power of all of our six radio stations to do our part in making a real impact.”

Jack Heath Joins Binnie Media to Host Talk Show. A week after exiting iHeartMedia’s WGIR-AM, Manchester, New Hampshire where he hosted the “NH Today” morning drive program, Jack Heath is joining Binnie Media to host the 9:00 am to 12:00 noon program that will be simulcast across New Hampshire outlets WTPL-FM, Hillsboro (Concord market); WEMJ-AM/W279BS, Laconia; and WTSN-AM/W251CF, Dover. Binnie Media president Massimo Rosati says, “Jack’s show will stay consistent with the content from his former show, while adding some new features, additional geography, and more FM coverage. Jack will be joining our other great on-air talent for a truly star studded cast of broadcasters on our news talk sports stations.” Bill Binnie adds, “We are thrilled to have a talent like Jack join Binnie Media. He brings a breadth of experience and professionalism in journalism along with a connection to politics that will be of interest to our listeners.”

WGN, Chicago Plans ‘Halloween Radio Theatre.’ This Halloween night (10/31) WGN, Chicago will air “Halloween Radio Theatre” hosted by Carl Amari, from 10:00 pm to 5:00 am. The program will feature mystery, thriller, and terror-themed selections from 12 Golden Age of Radio dramas including “Suspense” starring Bela Lugosi, “Lights Out,” “Inner Sanctum Mystery,” “Escape,” “The Whistler,” and “The Sealed Book.” Amari, who has spent decades licensing and preserving classic radio broadcasts from the 1930s, 40s, and 50s, is the curator of the Classic Radio Club, and board member of the Museum of Broadcast Communications in Chicago. He says, “It’s going to be a ‘hair-raising’ seven hours, so stay up late, pop some popcorn, pull the covers up close, and be chilled by ‘theatre of the mind’ classic radio horror and mystery shows.” Last week (10/15), TALKERS magazine published a piece by University of St. Francis professor Tim Weldon titled, “The Scare On the Air” that is an homage to the radio horror genre. If you missed it you can read it here.

TALKERS News Notes. The October 19 interview with Dr. Anthony Fauci on Entercom’s all-news KNX, Los Angeles generated a lot of coverage in other media outlets – from CBSStephen Colbert to CNN to The Hill to The New York Post – after Dr. Fauci addressed the criticism he received from President Trump. While explaining that he knows Americans are fatigued by the pandemic but that he believes we’ll put it behind us after a vaccine becomes available, he then said, “That’s the only thing I really care about. That other stuff, it’s like in The Godfather: nothing personal, strictly business as far as I’m concerned. I just want to do my job and take care of the people of this country.” Hear the whole interview here…..ABC News Radio offering three hours of live, anchored coverage for tonight’s presidential debate. Programming includes a one-hour pre-show, followed by the debate and live post-debate analysis. Correspondent Aaron Katersky anchors coverage with reporting and analysis by correspondent Karen Travers, political analyst Steve Roberts, political director Rick Klein, deputy political director MaryAlice Parks, and others from ABC News’ and FiveThirtyEight’s political teams…..iHeartMedia and “Bobby Bones Show” co-host Amy Brown are partnering to launch The Amy Brown Podcast Network that will include a slate of health and wellness podcasts that will be co-produced by Brown and iHeartRadio. iHeartPodcast Network president Conal Byrne comments, “Our goal is to provide the highest quality programming across every podcast genre – and health and wellness is one of the most important categories in the medium right now, given the engagement of the listeners and the authenticity of the content. Amy is an incredible podcast talent – not just as the host of her own show, but someone who has a great eye for recruiting and developing new podcasts, too – and we want to support that however we can.”…..Entercom Podcast Network’s Cadence13 announces an exclusive partnership with Cosgrove/Meurer Productions, the creators and producers of the Emmy-nominated series “Unsolved Mysteries,” for a weekly podcast based on the long-running television show and Netflix streaming series. The podcast will present all new unsolved cases and each episode will take a deep dive into one specific story. The “Unsolved Mysteries” podcast will be executive produced by Chris Corcoran, chief content officer of Cadence13, and Terry Dunn Meurer, the co-creator of “Unsolved Mysteries,” and will be co-directed and co-produced by Cadence13 and Cosgrove/Meurer Productions. Season One of the “Unsolved Mysteries” podcast will launch in early 2021.

The Presidential Election/Final Debate, Early/Mail-In Voting, Iran-Russia Election Interference, COVID-19 Stats & Projections, Hunter Biden Hard Drive Case, Amy Coney Barrett Confirmation Vote, Pope Supports Same-Sex Unions, Purdue Pharma Pleads Guilty in Opioids Suit, and Sports During COVID Among Top News/Talk Stories Yesterday (10/21). The November presidential election and tonight’s final presidential debate; the issues of early voting and mail-in voting; the allegation that both Russia and Iran are practicing cyber interference in the U.S. presidential election; the rising number of COVID-19 cases in the U.S. and abroad and projections for a fall-winter second wave; the allegations that a hard drive from Hunter Biden’s laptop indicates then-Vice President Joe Biden influenced the Ukraine; today’s Judiciary Committee vote on Supreme Court nominee Amy Coney Barrett; Pope Francis voices support for same-sex unions; OxyContin manufacturer Purdue Pharma pleads guilty in the opioid epidemic case and will shut down; and pro sports during the time of COVID were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Nine Rules I Learned from Limbaugh. Programmer and talk show host Scott Ryfun was a college student in 1991 when he first heard Rush Limbaugh on the radio. At the time, Ryfun was a conservative college student when he stumbled across Limbaugh’s show while spinning across the radio dial. He became hooked and his love of Limbaugh’s show led him into the radio business. “My goal was to host an issues-oriented talk show and to be insightful and entertaining, but there was only one local political talk show in [my] town and no one seemed interested in letting me have it. So, I decided to learn how to do every job in radio I could so that I’d be a valuable employee while I awaited my opportunity to do the show I wanted to do. I also spent my time trying to deconstruct conservative talk radio and figuring out how it worked and how to make it work for me.” Today, Ryfun is vice president of programming at iHeartMedia’s Brunswick, Georgia operations and morning host at news/talk WGIG-AM/W245DO. He’s written a piece titled, “Nine Rules I Learned from Limbaugh,” that encapsulates much of what he’s learned about great talk radio from Rush Limbaugh. Read his insightful piece here.

Music Radio News and Career Moves. The 2020 “iHeartCountry Festival Presented by Capital One” is streaming on LiveXLive.com and broadcast across iHeartMedia’s county radio stations tomorrow (10/23) at 8:00 pm ET. Bobby Bones is hosting the seventh edition of this event that will feature performances from Dierks Bentley, Lady A, Sam Hunt, Kane Brown, Kelsea Ballerini, Dustin Lynch, Jon Pardi, Riley Green, and special performances by Morgan Evans and Gabby Barrett, recorded live on one stage in Nashville.

Wednesday, May 6, 2020

| May 6, 2020

Chris Oliviero Returns to Entercom as SVP/Market Manager for New York. It’s been almost two years since Chris Oliviero left his EVP of programming role with Entercom. On June 1, he returns to the company’s New York offices as senior vice president and market manager for the station group that includes all-news WINS-AM and WCBS-AM, sports talk WFAN-AM/FM, and alternative WNYL “ALT 92.3,” classic hits WCBS-FM, and country WNSH-FM. He assumes the role previously held by Susan Larkin, who was promoted to company chief operating officer. Larkin says, “Chris is an exceptional leader with proven success developing talent, growing many of our leading brands, and building a thriving culture. We’re thrilled to welcome him back to take the helm of his hometown where his energy, passion and drive will help further raise the bar of excellence in the top media market in the country.” Oliviero originally transitioned to Entercom as the company acquired the CBS RADIO properties.  He worked for CBS for 22 years and was a senior manager for CBS for years. He comments, “Radio in New York is an incredibly special place, so to have the chance to return to a collection of the most iconic and influential brands on the dial is humbling. Our stations are in many ways the soundtrack of the city. I am confident that along with all my Entercom New York colleagues we will add to this legacy. I can’t wait to reconnect with so many old friends and of course meet new ones as well.”

Sandhill Media to Launch New Talk Station in Idaho Falls; Neal Larson and Julie Mason Recruited for Mornings. There’s no exact launch date set for the new format but Sandhill Media Group says it will move its CHR format off KAOX-FM, Idaho Falls and install the new “Newstalk 107.9 FM” format with market morning duo Neal Larson and Julie Mason as hosts of the AM drive show. Larson and Mason left their positions with Rich Broadcasting’s crosstown news/talk KID last month.  The station plans to air Westwood One’s Mark Levin program as well as other national programs.  Neal Larson is also serving as program director for the station.  He says, “We’re thrilled at the opportunity to not just continue doing what we love to do, but also join the great and talented team at Sandhill and build something from the ground up. It is a unique opportunity at a truly unique time in our community, state, and country. We can’t wait to unveil to the whole region what we’re putting together.”  Mason adds, “While being part of a brand-new station is an incredible opportunity, what we really love is what happens after – building a community of informed and loyal listeners on one side, and also watching that audience create huge value for our advertisers on the other.”  Station OM Will Kezele, says, “We have a fantastic core of music stations here at Sandhill, but the one piece we’ve been missing is a news/talk station. This is our moment to fill that void and create something that will be a valuable part of east Idaho for many years to come.” Sandhill will move the CHR format to KAOX-HD2/K286BU at 105.1 FM.

Kim Guthrie to Leave Cox Media Group President and CEO Post. This change comes as a surprise to industry watchers and one has to wonder what caused Cox Media Group president and CEO Kim Guthrie to decide to “move on from the organization after a 22-plus year career with the company.” In a press release, CMG says executive chairman Steve Pruett will serve as interim CEO until a permanent CEO is named. He says, “On behalf of the board of directors, we would like to thank Kim for her decades of service to Cox Media Group and her leadership during the company’s transition to new ownership. She has been instrumental in positioning CMG for future success as an industry-leading media company.” Guthrie, who will work with Pruett on an orderly transition, comments, “We have built a strong foundation for future growth, including an exceptional senior management team, a successful carveout from Cox Enterprises, and deep, long-term relationships with our communities, customers and partners. I have full confidence in this great team at CMG and I look forward to watching CMG’s future achievements.”

Saga Communications Reports Q1 Financials; Net Revenue Dips 6.5%. The first broadcasting company to report its first quarter 2020 financial data is Saga Communications, Inc and its report comes with a huge caveat – this report doesn’t reflect the hit the company has taken from April 1 to now.  Saga states net income increased to $1.7 million from $1.4 million in the first quarter of 2019, an increase of 20.3%.  However, net revenue was $26.1 million for the quarter, a decrease of 6.5% from Q1 2019 in which net revenue was $27.8 million. Free cash flow was $1.5 million for the quarter ended March 31, 2020 compared to $2.6 million for the same period last year.   Saga reports having $47 million in cash on hand as of May 4, 2020. It says in its report, “The COVID-19 global pandemic continues to spread, and state and local ‘shelter-in-place’ orders in the states where we operate have impacted and restricted various aspects of our business. Our operations are functioning, subject to regulated restrictions and safety constraints we have enacted in order to protect our employees and customers. As a result of the current challenging economic conditions, our reported results for the three months ended March 31, 2020 are not reflective of current market conditions. The company’s advertising revenue has declined significantly as a result of the pandemic and these unfavorable trends have continued into May and June. While we cannot reasonably estimate the length or severity of this pandemic, an extended economic slowdown in the U.S. could materially impact our consolidated financial position, consolidated results of operations, and consolidated cash flows in fiscal 2020 or beyond.”

PPM Analysis: Extra. TALKERS magazine managing editor Mike Kinosian presents the “Extra” edition of his monthly study of Nielsen Audio’s 6+ ratings data from the March 2020 PPM survey. He says this “Extra” coverage of each PPM sweep in the foreseeable future will uniquely detail month-to-month shifts among news/talk; all-news; public radio news/talk; and sports talk stations. Among this month’s data is: A ranking of the strongest spoken-word markets among the 48 PPM markets – #1 is Washington, DC, followed by Boston at #2 and San Francisco at #3; a ranking of the markets that most improved over the February 2020 PPM survey – Portland saw a 4.0 share gain from month to month, with Seattle close behind with a 3.8 share improvement; a ranking of the stations that achieved the highest increase from February to March – Entercom’s WBBM-AM/WCFS-FM, Chicago is the winner here; as well as a look at the stations losing the most ground, month to month (hint: sports talk).  See the entire report here.

Entercom All-News Stations Honored with Awards. Two of Entercom’s all-news stations were recently honored for programming quality.  KCBS-AM/KFRC-FM, San Francisco garnered 10 2019 Associated Press Television and Radio Association Awards – eight first place awards and two second-place awards. KCBS won first place for Outstanding News Operation, Best Evening Newscast, and Best Spot News Coverage, among others. Meanwhile, the company’s WINS, New York took home three 2020 Excellence in Broadcasting Awards first-place honors from the New York State Broadcasters Association.  “1010 WINS” won for Outstanding Spot News, Outstanding Newscast, and Outstanding Use of Digital Platforms.

COVID-19 Statistics and Projections, Rush to Re-Open, Scrutiny of China’s COVID-19 Response, Presidential Race/Joe Biden Allegations, and Financial Markets Activity Among Top News/Talk Stories Yesterday (5/5). The number of confirmed COVID-19 cases in the U.S. and the death toll plus the projections of future cases; the debate over ‘lives vs livelihood’ as states begin to re-open their economies; the accusations that China tried to hide the coronavirus outbreak; the presidential race and Tara Reade’s allegation of sexual assault against Joe Biden; and activity among the world’s financial markets were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

TALKERS News Notes. Nobody covers the New York City sports radio scene more colorfully than the New York Post’s Andrew Marchand, and in today’s column he speculates about the possible return of former WFAN-AM/FM morning personality Craig Carton now that radio executive Chris Oliviero is returning to Entercom as SVP and market manager of its New York stations. Of course, Carton is currently serving a three-and-a-half-year prison sentence after being convicted of fraud in a concert tickets Ponzi-scheme. Marchand notes that Oliviero and WFAN program director Mark Chernoff put together the team of Boomer Esiason and Carton back in 2007…..ABC News’ “World News Tonight” anchor David Muir interviewed President Trump in Phoenix on Tuesday as the president was in the city visiting a plant that makes face masks. Muir is featured on ABC Audio’s “Start Here” podcast with host Brad Mielke speaking about his interview with the president…..Entercom launches a daily “I’m Listening” capsule. The 60-second public service announcements, an extension of the company’s annual, yearlong “I’m Listening” mental health awareness initiative, features the voices and thoughts of artists, celebrities, media hosts, and mental health specialists. The daily capsules will feature singer and songwriter Halsey; former American Olympic swimmer Michael Phelps; singer, rapper, songwriter and flutist Lizzo; singer, songwriter and multi-instrumentalist Allessia Cara; rock band Blink-182; Rock and Roll Hall of Fame inductee and former Nirvana member Krist Novoselic, and more to help listeners navigate the complexities of this global health pandemic…..Three new iHeartRadio Original Podcasts launch today. “Fierce,” co-produced by Tribeca Studios, is hosted by Jo Piazza and explores the stories of extraordinary women who never made it into history books; “Flashback: History’s Unintended Consequences” in conjunction with OZY Media, is hosted by OZY’s Sean Braswell who explores disastrous turning points, dangerous ideas, crazy coincidences, unsung heroes, and forgotten villains in history; and “The Trend Reporter,” hosted by four-time Emmy award-winning TV personality and journalist Mara Schiavocampo, is a weekly show that will help listeners figure out which wellness, beauty, style, and fitness trends are actually worth trying…..Cumulus Media’s Westwood One Podcast Network welcomes two shows to its platform: “The Stacking Benjamins Show,” with host Joe Saul-Sehy and co-host Josh Bannerman teaching listeners about personal finance through headlines, guest experts, and plenty of humor. The hour-long, magazine-style show drops each Monday, Wednesday, and Friday; and the spin-off program “Money with Friends” with Joe Saul-Sehy and Bobbi Rebell who are joined each season with a rotating cast of thought leaders providing fresh perspectives and unique insights to the personal finance news and issues discussed on the podcast.

Music Radio News and Career Moves. In Jacksonville, iHeartMedia launches a regional Mexican format branded “El Patrón 97.3” on translator W247CF (fed by WKSL-HD2). The translator had been fed by sports talk WFXJ-AM. Jacksonville iHeartLatino GSM Jorge Lopez says, “I am grateful to be part of a company that sees Hispanic growth in Jacksonville, by adding another radio station and Hispanic brand to our market. With this launch, we confirm our commitment to the community and our solid growth in the communications industry in North Florida, covering 100% of the Hispanic market with our ‘Rumba’ brand and now with ‘El Patrón.’”…..SiriusXM launches the “Mandatory Metallica” channel through the month of May featuring the band’s biggest songs, rarities, and concert recordings from throughout its history. The channel is embarking on a 30-date “virtual Metallica tour,” which will air a daily concert from the band on tour around the globe, including the band’s exclusive SiriusXM concert from 2013 at the Apollo Theater in New York City and their 2016 concert at New York City’s Webster Hall.

Thursday, October 31, 2019

| October 31, 2019

Round Three of October PPM Ratings Released. The third of four rounds of October 2019 PPM ratings data from Nielsen Audio has been released for 12 markets including: Portland, Charlotte, San Antonio, Sacramento, Pittsburgh, Salt Lake City, Las Vegas, Orlando, Cincinnati, Cleveland, Kansas City, and Columbus. The October 2019 rating period covered September 12 to October 9.  Here are some of the ratings gains (6+) of note from this group of markets: Bonneville’s KSL-AM/FM, Salt Lake City puts up an astonishing 2.4 share increase from last month to finish at a 6.4 share and a #3 rank in the market; Alpha Media’s news/talk KXL-FM, Portland adds 0.4 to its September number for a 5.1 share and a rise to the #5 rank in the market; iHeartMedia’s WOAI, San Antonio adds to its four-sweep, upward trend to finish the October survey at a 5.7 share and a #2 rank in the market; in Pittsburgh, Entercom’s news/talk KDKA-AM adds 0.4 tenths to finish at a 4.1 share and the #10 rank while sports talk sister KDKA-FM “93.7 The Fan” increases 0.8 for 7.1 share and remains ranked #4; and Entercom’s sports talk WKRK, Cleveland adds 0.9 tenths to its four-month upward trend to finish with a 5.3 share, good for a #8 rank in the market.  TALKERS magazine managing editor Mike Kinosian, as he does each month, presents his “Takeaways” from the performances of each market’s spoken-word and music stations.  See his “Takeaways” from this first round here.  You can see all the 6+ numbers from subscribing stations here.

Cumulus Names Robert Berju Vice President of Finance and Strategy. Media finance pro Robert Berju joins Cumulus Media in the newly created position VP, finance and strategy. In this role, Cumulus says Berju “will lead financial planning and analysis, budgeting and forecasting, capital management, and modeling of strategic initiatives, while having financial oversight of Westwood One.”  Berju is based in New York City.  Berju was most recently with Clever Devices as SVP, finance and accounting.  He previously served with iHeartMedia as VP, corporate finance and as VP, finance and operations for AMC Networks.  Cumulus Media EVP, marketing and president, Westwood One, Suzanne Grimes says, “Robert is a highly accomplished media veteran with over two decades of finance, accounting, and strategic planning experience.  He will play an important role in building upon the success of Westwood One and propelling the organization to new heights in 2020 and beyond.”

SiriusXM Reports Third Quarter Pro Forma Revenue Up 7%. Reporting 2019 third quarter financial data, SiriusXM says revenue jumped 36.7% to $2.01 billion due to the impact of the February acquisition of Pandora.  Revenue was up 7% on a pro forma basis.  However, net income was $246 million – down from $343 million during the same period a year ago – due largely to expenses tied to redeeming its 6% senior notes due 2024 alongside prior-year non-recurring tax benefits.  Still, the satellite/internet radio business added 210,000 net subscribers, pushing the service’s total to 34.6 million.  Self-pay subscribers now total 29.6 million.  Pandora’s ad revenue rose 8% to $315 million, an all-time high for the service.

TALKERS News Notes. As the wildfires in California continue to create havoc, ABC News Radio says that it is providing extensive coverage with correspondent Alex Stone having spent two days on the fire lines in Northern California covering the Kincaid Fire and correspondent Jason Nathanson on the fire lines in Southern California.  Stone will also host the ‘Start Here’ podcast on Thursday and Friday morning from Los Angeles with a heavy focus on the wildfires…..The content creators at public media organization WHYY-FM in Philadelphia voted overwhelmingly to recognize SAG-AFTRA as their union with 99% voting in support.  The election was conducted by the National Labor Relations Board.  The move allows the unit to proceed with negotiating a first contract.  The new bargaining unit will cover the public media professionals who create content for all areas of the station, including radio, television and digital.  It also covers those working in the news department, on the digital team, on podcasts, in the production departments and on “Fresh Air with Terry Gross,” “The Pulse,” “Billy Penn,” “PlanPhilly,” and “Radio Times.”…..iHeartMedia announces the premiere of “Second Oil Age,” a new, scripted sci-fi podcast set in a deep-sea adventure in a post-energy crisis world.  The first three episodes are available on the iHeartPodcast Network and new episodes debut every Tuesday and Thursday.  The podcast is written by host Robert Lamb and follows Synøve Pan, voiced by Angèle Masters, a specially conditioned agent of the UDEX Oil Corporation as she investigates the disappearance of an oil executive on the deep-sea Atlas Station.  iHM says, “The 10-episode scripted podcast will have true sci-fi fans not only hooked but left with their blood pumping.”

Al Herskovitz Honored by the Media Roundtable in Sarasota.  TALKERS marketing director Al Herskovitz was honored yesterday (10/30) at the monthly luncheon gathering of the Media Roundtable, a Sarasota, FL-based, 300-plus member organization of active and retired media professionals.  Herskovitz (right) pictured with the organization’s chairman Dick Miller (left) was honored for his “years of success in the media and great service to the Media Roundtable.”  TALKERS founder Michael Harrison states, “We are so proud of Al and indeed lucky to have his knowledge and wisdom to draw upon.  At 88, he is still going strong and brings a wealth of career experience to our ‘table’ that spans the decades and centuries.  He is indeed an industry treasure and we love him.”

Impeachment Inquiry, California Wildfires, Twitter Bans Political Ads, 2020 Presidential Race, APEC Summit Canceled/U.S.-China Trade Deal, and Nationals Win World Series Among Top News/Talk Stories Yesterday (10/30). The testimony for the impeachment inquiry against President Trump; the millions affected by the California wildfires and the PG&E power blackouts; social media platform Twitter announces a ban on political ads; the Democrats vying to challenge President Trump in 2020; Chile cancels the Asia-Pacific Economic Cooperation Summit due to civil unrest and the related U.S.-China trade deal; and the Washington Nationals upset the Houston Astros to win the World Series 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 Jake Thomson rises to program director at Dick Broadcasting’s country WUBB, Savannah-Hilton Head “BOB 106.9,” taking over for Hunter Meyer, who exited the station back in May.  Thomson will continue to host the PM drive daypart…..Air personality Isaac Wenzel exits iHeartMedia’s Madison country outlet WMAD “96.3 Star Country.  He was also in charge of promotions for the company’s Madison station group.

Wednesday, July 31, 2019

| July 31, 2019

Mitch Rosen Adds PD Duties for Sports Talk WSSP, Milwaukee.  WSCR, Chicago “The Score” program director Mitch Rosen is going to begin double duty with Entercom and add programming responsibilities for sister sports talker WSSP-AM/W289CB, Milwaukee “105.7 The Fan.”  He’s taking over for WSSP program director Tom Parker, who is retiring on August 1.  Parker will continue as a programming consultant.  Entercom Milwaukee SVP and market manager Chuck Sullivan says, “Having worked closely with Jimmy de Castro and the Entercom Chicago team over the last year and a half, it was the logical next step in the partnership. Mitch has become quite familiar with the market and the WSSP staff over that time and we are very fortunate to now have him calling the plays in Milwaukee as well.”  Rosen has been with “The Score” for almost 15 years.  He adds, “It’s an honor to be part of this great Milwaukee sports brand.  ‘The Fan’ team has great personalities who identify with the sports fans who live and breathe Milwaukee and Wisconsin sports.  I plan to be here to help in any way I can to expand the brand both on the air and through all the digital platforms, including RADIO.COM Sports.”

SiriusXM Q2 Pro Forma Revenue Up 9%. Although SiriusXM is reporting its net income was down 10.8% in the second quarter of 2019 compared to the same period in 2018 ($263 million versus $293 million), the company’s pro forma revenue was up 9%.  The acquisition of Pandora pushed SiriusXM’s revenue to $2 billion – an increase of 38% over Q2 in 2018.  Chief executive officerJim Meyer says, “Our company produced outstanding financial and operating results once again this quarter, and I’m pleased by the quick progress we’ve made in integrating Pandora.  Revenues and adjusted EBITDA each reached records in the period.  We’re thrilled with the results in the first half of the year, and we are raising 2019 guidance for revenue and adjusted EBITDA and reiterating our guidance for net subscriber additions and free cash flow.” The satcaster reports that it added 290,000 self-pay subscribers during the second quarter that puts its total at 29.3 million.

Nielsen Second Quarter Revenue Rises 1.2%.  That 1.2% figure is for the company as a whole.  The company reports that its Media segment – the one that includes radio ratings – is being driven by Total Audience Measurement and that during the second quarter of 2019 its audience measurement business is up 4.2% over the same period in 2018.  Nielsen predicts that its audience measurement segment will finish 2019 up 2% to 3%.

Salem Selling Seven Florida Signals for $8.2 Million. Continuing to follow through on its plan to sell certain assets in order to reduce its debt, Salem Media Group is agreeing to divest itself of seven signals in the state of Florida. It has filed with the FCC to sell Spanish Christian-formatted WKAT-AM, business talk WZAB-AM, and FM translator W249DM in Miami and Spanish Christian-formatted WLCC-AM, business talk WWMI, and FM translator W282CI in the Tampa market (plus the construction permit for translator W260DM, St. Petersburg) to Immaculate Heart Media for $8.2 million.  Immaculate Heart Media will not get the WKAT call letters or that station’s intellectual property.  These moves will leave Salem with Spanish Christian WOCN, Miami, plus news/talk WGUL, Tampa “AM 860 The Answer” and religious duo WTBN-AM/WTWD-AM, Tampa.

2020 Presidential Race/Democratic Debates, Capital One Hack, Immigration Policy/Border Conditions, North Korea Missile Tests, California Festival Shooting/Mississippi Walmart Shooting, and Katy Perry Song Copying Verdict Among Top News/Talk Stories Yesterday (7/30). The Democrats vying to challenge President Trump in 2020 and the first Democratic debate from Detroit; the hack of Capital One that made data from 100 million credit applicants vulnerable; the Trump Administration’s immigration policies and controversy over conditions at the U.S.-Mexico border; North Korea tests more short-range missiles; the deadly shootings at the Gilroy, California Garlic Festival and at a Walmart in Mississippi; and the jury’s ruling that Katy Perry copied aspects of a Christian rap song in her hit ‘Dark Horse’ were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

TALKERS News Notes. Last week’s 19th annual “WSB Care-A-Thon 37-hour radio broadcast event raised more than $1.7 million for research and programs for the Aflac Cancer & Blood Disorders Center of Children’s Healthcare of Atlanta, nearly breaking the record set in 2017. In the 19 years Cox Media Group’s news/talk WSB-AM/WSBB-FM and CHR WSB-FM have been hosting the fundraising broadcast, more than $24 million has been collected to support patients and families.  WSB Radio director of branding and programming Pete Spriggs says, “There is an extraordinary local story to tell at the Aflac Cancer Center — one that is filled with emotion and hope.  Our entire team considers it the honor of their careers to be able to tell that story and to meet the kids, parents, families, doctors, nurses, and caregivers there.  But our listeners deserve all the credit, due to their incredible generosity year after year.”  WSB personalities Scott Slade, Clark Howard, Eric Von Haessler, Mark Arum, Erick Erickson, Neal Boortz, and Brian Kilmeade took part in the broadcast…..ESPN Radio is reporting that its programming saw a 6% increase in listening with men 25-54 from the winter 2019 period (Jan., Feb., March) to the spring  book (April, May, June).  Breaking it down, the network’s “Golic and Wingo” saw a 6% combined increase for M25-54 in total audience across Nielsen subscribing stations in PPM markets on radio plus all platforms combined including television simulcasts.  “The Will Cain Show” also had year-over-year increases across M25-54 PPM audience on terrestrial radio and ESPNEWS simulcast for both June and the spring book.  The M25-54 total audience across all platforms for “The Stephen A Smith Show,” with the addition of its television simulcast which began August 13, 2018, grew 38% in June and 32% percent for the quarter from the same time periods in 2018.  For the quarter, the ESPNEWS simulcast of “The Dan Le Batard Show with Stugotz” was up 33% from last year.  In June, the show saw a 9% year-over-year increase on ESPNEWS…..KTLK-AM, Minneapolis morning drive co-host Jon Justice has published his second sci-fi novel – part two of a series – titled, Embark: Treasure In Darkness.  Justice has self-published the book that follows the story’s protagonists after humanity is forced to leave the Earth following an industrial disaster.  Check out the Amazon listing here.

Music Radio News and Career Moves. Rhythmic oldies WPPZ, Philadelphia “Classix 107.9 FM” announces that “The Russ Parr Morning Show” is airing in the AM drive daypart. The Radio One station is programmed by Jay Dixon, who says, “This guy is fun, funny, and all about winning.  I’ve heard about Russ Parr for years.  He lives up to his reputation as a first-class broadcaster and content king.  He’ll be the icing on the cake to make ‘Classix 107.9’ one of the greatest classic R&B brands in history.  We are too happy to have him on board.”…..iHeartMedia’s hip hop “104.5 The BEAT” WTKS-HD2/W283AN, Orlando announces the lineup for its “The BEAT Music Fest” on Saturday, October 5 will feature DaBaby, YK Osiris, Afro BShordie Shordie, Summerella, Trap Beckham, with more to be announced.  iHeartMedia Orlando partnerships manager Chianna Ray says, “The entire Greater Orlando area has been patiently waiting for a music festival that highlights the hip-hop culture.  ‘The BEAT Music Fest’ could not have come at a better time and we are thrilled to give our listeners this experience.”…..iHeartMedia announces the lineup for the 2019 iHeartRadio Fiesta Latina at AmericanAirlines Arena in Miami on Saturday, November 2 will include: Jennifer Lopez, Daddy Yankee, and Ozuna, with more artists to follow.  For the fourth straight year, the concert event will be hosted by Enrique Santos, chairman and chief creative officer of iHeartLatino and on-air personality for iHeartRadio.

Thursday, April 25, 2019

| April 25, 2019

Hubbard Radio’s All-News WTOP, Washington Takes 2018 Revenue Crown. The 2019 edition of the annual BIA Advisory Services Investing in Radio Market Report is released and accompanying that is the ranking of radio’s top revenue-earning stations from 2018. Once again, Hubbard Radio’s all-news WTOP, Washington was #1, earning $69 million in ad revenue.  As seen in the graphic above, iHeartMedia music-formatted stations in Los Angeles and New York take the next four slots.  But Entercom’s all-newsers in New York and Chicago – along with sports talk WFAN, New York – show their earning power consistency with return appearances at the same spots in the top 10.  One news/talk station – iHeartMedia’s KFI, Los Angeles – makes the list in the #10 spot as it did last year.  BIA notes that over-the-air advertising remained relatively flat at $13.3 billion (down 1.6% from $13.5 billion in 2017).  It was digital advertising platforms at local radio stations that saw revenue growth across the industry.   The report indicates digital income rose 8.1% to $923 million.  Putting over-the-air advertising together with digital revenue gave radio a 2018 revenue figure of $14.2 billion and, BIA says, “positioned radio as the fifth most significant local advertising platform, behind direct mail, mobile, online/digital, and local television.”  BIA Advisory Services SVP and chief economist Mark Fratrik states, “Although local radio stations are still important players in their markets and are managing to maintain their position in the top five advertising platforms, we do expect the OTA advertising revenue of U.S. radio stations to decrease this year by 1% to 2% and through the next few years.”  He adds that combined radio revenues will remain relatively flat for at least the next five years, while digital platforms will hit $1 billion by 2020.  See more about the report here.

PPM Analysis: Public Radio News/Talk. TALKERS magazine managing editor Mike Kinosian presents his analysis of the performances of radio stations based on data from Nielsen Audio’s March 2019 PPM survey, today zeroing in on public radio news/talk. A slight dip in weekly 6+ AQH share affects the format as 53% of stations go down and just 38% see a ratings increase from the February 2019 to the March 2019 survey.  The same situation applies to the year-over-year comparison – 53% of stations saw their 6+ number decrease from the March 2018 survey. There were four public radio news/talk stations that ranked #1 in their respective markets in March: KQED, San Francisco; KUOW, Seattle; KPBS, San Diego; and KUT, Austin.  See Mike Kinosian’s entire report here.

iHeartMedia Q1 Radio Biz Revenue Up 2.9%.  In a 10-Q filing with the Securities Exchange Commission, iHeartMedia releases financial data from the first quarter of 2019 that indicates the company’s radio and streaming revenue was $766 million, up almost 3% compared to the same period in 2018.  The company as a whole reports first quarter revenue of $1.38 billion, an increase of slightly less than 1% compared to the first quarter of 2018.  Consolidated operating income dropped from $60.9 million in Q1 2018 to $28.3 million this year due to impairment charges of $91.4 million.

SiriusXM First Quarter Pro Forma Revenue Up 10%. The acquisition of Pandora by SiriusXM adds a little wrinkle to the company’s 2019 first quarter financial report.  The company reports total revenue of $1.7 billion, an increase of 27% over the same period in 2018, that was driven by bringing Pandora into the fold.  On a pro forma basis, revenue increased 10%, hitting $1.9 billion in the first quarter.  But the Pandora acquisition impacted the company’s bottom line as net income was $162 million in Q1 of 2019, down from $289 million during the same period a year ago. During the quarter, SiriusXM added 131,000 net new self-pay subscribers, bringing its total above the 29 million mark.

TALKERS News Notes. Another major national award for Westwood One News comes on the heels of its recent National Headliner honor from the Press Club of Atlantic City. Now, the Society of Professional Journalists is bestowing its Sigma Delta Chi award upon Westwood One News for “Radio Breaking News Reporting” for the network’s coverage of the Parkland Florida School shooting and aftermath in February of 2018.  The award recognizes “resourceful and complete coverage of a major breaking news event, emphasizing both deadline reporting and continuing coverage as the story develops over succeeding days.”  Last year, Westwood One News won the honor for its coverage of the 2017 Las Vegas shooting…..Former Baltimore Ravens linebacker Jarret Johnson is joining the WBAL-AM and WIYY-FM-based Ravens Radio Network as color analyst alongside play-by-play voice Gerry Sandusky for this season.  Johnson worked on game broadcasts during the past two seasons and earns the promotion to the booth.  Cary Pahigian manages the Hearst radio stations and says, “Jarret’s NFL experience, unique insight, and enthusiasm is a major component of our superb Ravens broadcast team.”…..Bay Area public media corporation KQED announces that DeLinda Mrowka is promoted to the newly created position of chief audience officer.  In this executive role, Mrowka is “responsible for extending brand, deepening audience engagement and growth, and strengthening the membership and corporate sponsorship programs for one of the largest stations in public media.”  Mrowka started her KQED career in 2013 as the station’s executive director of marketing and communications before being promoted to vice president of corporate sponsorship in 2015.  In 2017 she was again promoted to vice president of marketing, with broad responsibilities overseeing the audience development, marketing, digital fundraising and corporate sponsorship teams.

PodcastOne Issues Request to Luminary. The subscription podcast start-up Luminary is facing the issue of a number of content creators requesting their shows be removed from its service for various reasons.  PodcastOne is one of those companies.  It made the move when it became aware that Luminary was carrying PodcastOne’s podcasts without permission.  PodcastOne executive chairman Norm Pattiz says, “Since Luminary’s focus has been promoted solely as a paid subscription model, we were surprised to see them also use the free model which they have spoken negatively about and compete against.  If they want to reach our audience to promote their site, then they should do the ‘unthinkable’ and advertise in our podcasts as hundreds of other advertisers do.”

WPG, Atlantic City’s Harry Hurley to Receive Inaugural Broadcaster of the Year Award from NJBA. Atlantic City morning drive personality Harry Hurley – heard daily on Townsquare Media’s news/talk WPGG-AM – is being honored by the New Jersey Broadcasters Association at its 71st Conference and Gala this summer with the first-ever “Broadcaster of the Year” award.  NJBA president and CEO Paul S. Rotella, Esq. says Hurley meets all of the criteria for this award “with a high degree of professionalism and a passionate dedication to his craft and the NJBA is very proud of our inaugural ‘Broadcaster of the Year’ recipient!”

Mueller Report Aftermath/Impeachment Talk, Trump vs Subpoenas, 2020 Presidential Politics/Biden Enters Race, Financial Markets Rally, Southern Border Crisis, Sri Lanka Bombings Aftermath, Putin-Kim Meeting, ‘Jeopardy!’ Record Breaker, Avengers: Endgame Film, NBA Playoffs, and MLB Action Among Top News/Talk Stories Yesterday (4/24). The response to the release of the redacted version of the Mueller Report and Democrats’ debate over impeachment possibilities; President Trump’s rejection of subpoenas from the U.S. House; the Democrats vying to challenge Trump in 2020, including Joe Biden’s entry into the race; U.S. financial markets hit records in latest rally; the state of the migrant influx at the U.S.-Mexico border; ISIS claims responsibility for Sri Lanka bombings; Russia’s Vladimir Putin meets with North Korea’s Kim Jong Un; the record-breaking “Jeopardy!” streak by James Holzhauer; the new Marvel Comics film Avengers: Endgame; the NBA playoffs; and Major League Baseball action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

TALKERS CONVENTION SPOTLIGHT:  Panel Discussion to Address the Challenges Facing Talk Radio by Heightened Political Correctness.  One of the many highlights planned for the forthcoming Talkers 2019: Telling the Story on Friday, June 7 in New York City will be an extremely timely and pertinent panel discussion focusing on the challenges being faced by talk radio during the current era of heightened political correctness.  Titled “Talk Radio in the Era of ‘Watch What You Say,’” the session will feature panelists Michael Berry, host, “The Michael Berry Show”; Grace Blazer, national brand coordinator, news/talk/sports programming and director of AM programming Miami/Fort Lauderdale, iHeart MediaBrett Winterble, host KFMB-AM, San Diego; Larry Young, host, WOLB-AM, Baltimore; and Dan Yorke, host WPRO-AM, Providence. The session will be moderated by Bill Hess, VP of news/talk, Cumulus Media and program director, WMAL, Washington, DC.  Talk radio depends on the free-wheeling exchange of ideas, tolerance for controversy, and, most important, a healthy understanding of and respect for the First Amendment in order to operate effectively. These tenets are clearly under assault in the age of advertiser boycotts, righteous indignation and widespread hypocrisy.  This session will earnestly attempt to identify the issues at play and offer solutions to overcome the challenges and obstacles they present. Don’t miss this session!  The TALKERS convention is rapidly heading toward being an early sellout.  To see the entire up-to-the-minute agenda and registration/hotel information, please click here.

Music Radio News and Career Moves. Phoenix classic hits outlet KOOL-FM adds market radio personality Dee Garcia to its morning drive “The Niko Show” with host Nicholaus “Niko” Petrou.  She joins the Entercom station after having worked in the Valley at such stations as hot AC KMVA-FM and hip hop KKFR.  She says of her new gig, “I am honored to join Niko on ‘The Niko Show’ on KOOL.  Niko and [producer Abe] are positive, fun, and hardworking.  They are exactly the kind of people that you want to share your mornings with.”…..Alpha Media’s hot AC KEEZ, Mankato, Minnesota “Mix 99.1” names Zannie Kaye program director and morning drive personality.  Cluster operations manager Jeff Spence says, “We are more than excited to add Zannie Kaye to our Alpha Mankato team as our new host for the ‘Mix 99.1’ morning show and PD duties.  Zannie has a lot of experience and has had a terrific career in lots of different markets, including Minneapolis.  His energy is contagious and his warm and funny nature will win fans over immediately.”…..SummitMedia appoints sales pro Larry Jennings general sales manager for its Birmingham, Alabama stations that include: urban contemporary WBHK “98.7 KISS FM,” hip hop WBHJ “95.7 JAMZ,” and Gospel WAGG-AM “HEAVEN 610.” SummitMedia market president John Walker says, “Larry is exactly the professional we were looking for to lead our outstanding team. He has a proven track record of team building, talent development, client relations, community involvement, and revenue performance.”…..Beasley Media Group’s Philadelphia rock station WMMR-FM signs morning team “Preston and Steve” – Preston Elliot and Steve Morrison – to a new, multiyear contract extension.  The duo joined WMMR in May of 2005 and Beasley says the show has “maintained the top-rated morning show position in Philadelphia” since it launched.  The company says the show has “led the way in embracing innovative multi-platform initiatives, including creating daily, full-show and highlight episode podcasts, inventing their own ringtone service, producing daily/weekly video programs, and cultivating a formidable social media audience.”  Pictured below (from l-r) are: agent Glenn Goldstein, BBGI president Bruce Beasley, Beasley Media Group CEO Caroline Beasley, Elliot, Morrison, Beasley Philly market manager Joe Bell, Beasley EVP of strategy and innovation Buzz Knight, and Beasley rock format brand manager Bill WestonPhoto: BP Miller/Chorus Photography

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