Tag: "Peak"

Friday, October 4, 2013

| October 4, 2013

kkoblogoStill More Positive News/Talk Radio Stories.  For the past several days, TALKERS magazine has been writing about some of the individual success stories of news/talk stations that are performing well or even enjoying a ratings bounce during a time when the mainstream media (and some of the trades) are presenting the idea that news/talk radio is dead, dying or, at the very least, suffering from some malady.  TALKERS editors believe this too-broad approach to describing the state of a whole radio format that’s heard across an entire continent is detrimental to the industry.  And apparently many of the industry’s practitioners agree as we are being besieged with accounts of success from PDs, talent andkoil logo anonymous station staffers (who want to keep a low profile).  Cumulus Media’s KKOB, Albuquerque has long been a ratings-getter in the market and program director Pat Frisch tells TALKERS things are going particularly well for new PM drive host Scott Stiegler.  “He is #1 Persons 25-54 in afternoon drive.  It took Stig kmjlogojust six months to take the afternoon show from 8th to 1st in Persons 25-54.  They are also listening to the Stig show an hour longer a week than they were six months ago in the key demo.”  Frisch also commends Premiere NetworksRush Limbaugh for his recent success.  “The rock of the station, Rush, is #1 Persons 25-54 and they are listening an hour longer per week to Rush in the key demo, as well.  Conservative talk still works and works well if you are a true conservative and stick to your principals.”  At NRG Media’s KOIL, Omaha, talk radio pro Tom Becka says his story – exiting crosstown KFAB, doing a year in Fargo, and returning to the market on KOIL – is indicative of how success can be achieved without headline-grabbing stats. “We hit our sales quota for the year two months ago and I am beating or competitive with KFAB in my time slot in the demo.  Advertisers that are looking ahead to 2014 are putting us in their mix when we were a non-issue at this time last cainhermanyear.  I don’t have to beat (Clear Channel’s) KFAB to win.  But it is good to know that good local programming that responds to the needs of the listeners still wins.”  Reports from KMJ-AM/FM, Fresno (a Peak station soon to be owned by Cumulus Media) indicate the station’s efforts to rebuild its programming after losing Premiere shows to Clear Channel’s new crosstown news/talker have worked in “retaining format leadership in the Fresno market.”  Finally, TALKERS is getting reports that the Cox Media Group-WestwoodOne effort syndicating Herman Cain is getting good traction and results. The WSB-AM, Atlanta-based Cain is #5 in that market with Men 25-54 (6.1 share); #1 at WHIO, Dayton with Men 25-54 (10 share); and #3 with Men 18-49 at KRMG, Tulsa (8.1 share).  Thanks to all the folks who’ve reported positive news/talk stories over the past few days.  We look forward to hearing – and reporting – more of them in the future!  For those attending the Talkers Los Angeles 2013 conference at the Steve Allen Theater in Hollywood next Thursday, this will be one of the focal points of the event.

wqamlogoWQAM, Miami Names Andy King PD; Channing Crowder and Brandon Guzio to PM Drive.  Beasley Broadcast Group’s Miami sports talker WQAM fills the afternoon drive slot and program director position that had been open since Jorge Sedano left to join ESPN.  The station ups APD Andy King to PD. kingandy King started at WQAM in 2005 as producer of the Dan Le Batard show, eventually became executive producer of the Jorge Sedano show and took the position of assistant program director in May 2012.  WQAM reports that in King’s first crowderchanningyear there, he helped the station grow nearly a full share point in the coveted Men 25-54 target audience.  The new permanent PM drive program is the Channing Crowder show featuring the former University of Florida and Miami Dolphins star along with co-host Brandon Guzio.  Crowder began his radio career with WQAM while still playing professional football and joined the station full time in October 2012 as co-host of the “Kup & Crowder” show.  Guzio joined the station’s Jorge Sedano show in 2013 and is also currently the host of “The Post Game Show” following every Miami Dolphins game.  With Crowder moving to afternoons, longtime WQAM personality Captain Curtis Stevenson joins Adam Kuperstein for the 1:00 pm to 3:00 pm “Kup & Curtis” show.

ktthanniv logoPrime Opportunity for Conservative Talker in Seattle.  As Bonneville’s conservative talk outlet KTTH, Seattle celebrates its 10th anniversary this year, program director Jason Antebi tells TALKERS he is preparing to add another local talk show to the station’s lineup.  Antebi says, “The station has been sharpening its vision – who do we want to talk to, what do we talk about and what unique value can we provide to our listeners?  We are passionate about our beliefs, yet we also want to move the community conversation forward in a meaningful way and make a difference where we live and work.  I’m lucky to work at a company like Bonneville where we’re able to truly provide a place to passionately advocate for traditional American values (like freedom, community, and personal responsibility) without having to be a bomb-thrower.”  Antebi says he’ll be looking for “talk show hosts who feel they have what it takes to stay on top of breaking news with insightful, civil and forward-thinking analysis and constructive conversation.”  Those interested in learning more about the position should contact him at jantebi@bonneville.com.

wolfsoncarlProgressive Talk Radio to Return to Portland on New FM.  KXRY, Portland (HERP of 8 watts at 91.1 MHz) is currently dark but owned by not-for-profit Common Frequency, Inc. and is expected to go on the air as a non-commercial station in the near future with a progressive talk and music hybrid format.  Writing on BlueOregon.com, Carla Axtman says the goal ofhartmann “XRAY.FM” is to fill the gap left by the demise of former progressive talker KPOJ.  It plans to air former KPOJ AM drive host Carl Wolfson (who is running his own internet station) as well as WYD Media’s Thom Hartman, who made Portland his home base for a number of years.  Axtman also writes, “Why the sudden audio activism? October 2013 marks the only opening for new independent radio licenses granted by the FCC – a one-week window after a 15-year battle.  Congress has allowed commercial radio stations to snatch up nearly all available frequencies (and the ears of billions of listeners) for a long time. This is XRAY.FM’s chance to bring Thom Hartmann, Carl Wolfson and the music of independent artists back to your local dial.  XRAY.FM is partnering with community organizations around Oregon to make sure that the whole state can enjoy the sweet sounds of progressive radio once again.”

rutherforddaveOdds & Sods.  The Los Angeles Lakers and ESPN agree to extend the club’s relationship with KSPN, Los Angeles “ESPNLA” for another seven years with the station airing Lakers play-by-play through the 2019-2020 season.  John Ireland and Mychal Thompson will continue to call the games…..WBBM-AM and WCFS, Chicago part-time anchor and reporter Brandis Friedman leaves CBS Radio to join public television station WTTW-TV, Chicago as a full-time correspondent for the “Chicago Tonight Program,” according to Chicago media writer Robert Feder…..Dave Rutherford begins contributing daily commentaries to Rogers’ CFFR, Calgary.  Rutherford exited Corus’ crosstown CHQR where he hosted a talk show prior to the expiration of his contract after he criticized that station’s coverage of the flooding in Alberta in June.

levinmarkTALKERS Weekly Affiliate Roundup.  Cumulus Media NetworksMark Levin show becomes part of the programming at WEZO, Augusta, Gerogia; KVML, Sonora, California; and WLVA, Roanoke, Virginia…..Cumulus’ Mike Huckabee is added at WGDJ, Albany; KVRC, Arkadelphia, Arkansas; and WBKK, Wilton, Minnesota…..The Wall Street Journal Radio Network’s “The Wall Street Journal This Morning” is added to the lineup at KOKC, Oklahoma City and KJCE, Austin.  Additionally, KFAQ, Tulsa expands its carriage of the show to 4:00 am to 6:00 am…..GCN’s “The Freedom Feens” with Michael W. Dean and Neema Vedadi is added to the program schedule at WSZL, Barstow, Californnia…..“Armed American Radio” with Mark Walters joins the programming at WGTK, Louisville, Kentucky.

McKenzieHudsonJennifer Hudson on ABC News Radio.  Oscar-winning actress Jennifer Hudson (right) sits down with ABC News Radio’s Joi-Marie McKenzie (left) to discuss her latest movie “The Inevitable Defeat of Mister and Pete” which hits theaters on October 11.

Government Shutdown Tops Talkers TenTM.  The shutdown of the federal government and the political battle to re-open was the most-talked-about story on news/talk radio during the week of September 30 – October 4.  Coming in at #2 this week was the implementation of the Affordable Care Act.  At #3 was U.S.-Iran relations and at #4 was the IPCC’s climate change report.  The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week.  It is the result of ongoing research from TALKERS and is published every Friday at Talkers.com.  See this week’s entire chart here.

Friday, August 30, 2013

| August 30, 2013

townsquare logoTownsquare Announces Stations Acquisition; Deal Worth Approximately $281 Million.  Townsquare Media, LLC announces that it has executed definitive documentation related to three transactions with Cumulus Media Holdings, Inc. and Peak II Holding LLC which, upon consummation, will result in Townsquare acquiring assets including 71 radio stations in 15 markets. After the deal is consummated, Townsquare will own 312 radio stations in 66 markets and have operations in 25 states, making it the third largest owner of radio stations in the United States and the largest, “best-capitalized owner and operator of radio stations solely focused on small and mid-sized markets.”  In a press release this morning, Townsquare reports it is acquiring assets including 53 radio stations (three of which will be assigned to a divestiture trust) in 12 markets (Battle Creek; Cedar Rapids; Danbury, Connecticut; Faribault-Owatonna, Minnesota; Kalamazoo; Lansing; Portland, Maine; Portsmouth-Dover-Rochester, New Hampshire; Quad Cities; Rochester, Minnesota; Rockford, Illinois; and Waterloo, Iowa) from Cumulus for cash.  Townsquare is also acquiring Peak, which owns assets including 11 radio stations in two markets (Boise and Fresno) for cash and equity units of Townsquare.  Finally, Townsquare will exchange certain assets including five radio stations, in Fresno it is acquiring from Peak, for Cumulus assets including 15 radio stations in two markets (Dubuque and Poughkeepsie) and a de minimis cash settle-up payment in favor of Townsquare.  In total, Townsquare will be acquiring 68 stations from Cumulus, three of which will be assigned to a divestiture trust, and eleven Peak stations, five of which will be exchanged to Cumulus, resulting in a net increase of 71 stations.  Townsquare expects to finance the transactions with a mix of secured and unsecured debt financing, Townsquare equity units and cash on hand.  Townsquare has received debt financing commitments from its various financing partners in connection with the transactions and will complete its financing in compliance with the covenant package of Townsquare Radio, LLC’s existing Senior Unsecured Notes indenture.  “These transactions represent the continued evolution of Townsquare Media into one of the nation’s largest local media companies and allow us to reach a scale which opens the door to new strategic opportunities,” comments Townsquare Chairman and CEO, Steven Price. “The assets we are adding to our portfolio are market leading brands with strong competitive positions in their respective small and mid-sized markets. We are excited by the opportunity to deploy our differentiated local-media strategy across a broader footprint in order to better serve our communities and our advertising clients.”

cumulus logoCumulus Announces Expected Dial Global Acquisition.  Cumulus Media Inc. issues a press release this morning announcing “a series of strategic transactions that solidifies the company’s position as a leading producer of high-quality content and continues to reshape its footprint focused on the top 100 markets.”  The transactions announced today include:

• Acquisition of Dial Global, Inc. for $260 million in cash (consisting of approximately $45 million attributable to equity and the retirement of $215 million of debt)

• Sale of 53 radio stations in 12 small and mid-sized markets to Townsquare Media for $238 million in cash (inclusive of the acquisition of net working capital)

• Swap with Townsquare Media of 15 radio stations in two small & mid-sized markets in exchange for the receipt of five stations in Fresno, CA (market #68)

dickeylew“These transactions give us the necessary scale to provide the marketing and enterprise solutions our advertising and affiliate partners require,” said Lew Dickey, CEO of Cumulus. “Our goal is to be the leading producer of premium audio content distributed through multiple platforms while continuing to build our broadcast platform in the top 100 U.S. markets.”

The acquisition of Dial Global will add sports, news, talk, music and programming services content – enabling Cumulus to provide a wider variety of options to approximately 10,000 U.S. radio stations, other media platforms and international platforms.  New content acquired through the Dial Global acquisition will include NFL, NCAA, NASCAR, Olympics, AP Radio News, NBC News and other popular programming.  Cumulus expects the transaction to be deleveraging based upon identified cost synergies of approximately $40 million, with additional upside from revenue growth potential through the creation of new content vehicles for broadcast radio advertisers.  Additionally, Cumulus believes the opportunity exists to distribute premium, curated audio content across emerging new media platforms.  Further, Cumulus intends to service broadcasters’ demands for premium content and enterprise solutions in Europe, the Americas and Australia.

wgnlogoWGN, Chicago Announces New Lineup.  Yesterday (8/29), TALKERS reported the reuniting of Chicago radio personalities Wendy Snyder and Bill Leff on Tribune’s WGN, Chicago.  Now, the station issues a releasecochransteve detailing the programming changes – some of which were reported a few weeks ago – that take place on Tuesday, September 3.  As reported earlier, Steve Cochran assumes morning drive duties; he’s followed by Wendy & Bill from 9:00 am to 12:00 noon; husband and wife team Bob Sirott and Marianne Murciano (pictured at left) air from 12:00 noon to 3:00 pm and Garry sirottmurcianoMeier continues to host the 3:00 pm to 7:00 pm slot.  David Kaplan maintains his 7:00 pm show start but wraps at 11:00 pm when Pete McMurray, who expands his role with the station, starts hosting the 11:00 pm to 2:00 am program.  As reported earlier this week, Nick Digilio becomes a full-time host with the station on the 2:00 am to 5:00 am slot.  Weekends are spotlighted by the return of Kathy O’Malley and Judy Markey (pictured lower right) to the station in the Saturday 10:00 am to 12:00 noon slot beginning September 14.  Other changes include: “The Design Dude with Frank Fontana” airing from 6:00 am to 7:00 am, followedomalleymarkey by “Mr. Fix-it with Lou Manfredini” from 7:00 am to 10:00 am.  When not affected by sports preemptions, Bill Moller will follow Kathy and Judy from 12:00 pm to 3:00 pm and “Sports Central” will remain in the 3:00 pm to 6:00 pm time slot.  The Sunday lineup will introduce a new show dedicated to the discussion of the Chicago political landscape.  Chicago Tribune writer Rick Pearson will host “Chicago Way: Politics with Pearson” on Sundays from 7:00 am to 9:00 am.  “The Dean Richards Sunday Special” will follow at 9:00 am, extending an additional two hours until 1:00 pm.  In addition to his Saturday show, Bill Moller will air from 1:00 pm to 3:00 pm.  Brian Noonan remains in the 6:00 pm to 9:00 pm time slot, followed by the return of Chicago treasure, Rick Kogan, from 9:00 pm to 11:00 pm.  Comedian and media personality, Patti Vasquez, will air from 11:00 pm to 2:00 am.  Playing a feature role in the future of WGN’s new lineup will be “720 Snackables.”  These spotlight segments will live online and on-air as interviews, video shorts, and podcasts.  They’ll feature the WGN family of experts including Dean Richards’ “A-List Interviews,” “Legally Speaking with Karen Conti,” “Bertrand on Books” with Steve Bertrand, “Flavor HD” with Hannah Stanley & Dane Neal, “Steve Dale’s Pet World,” Paul Green’s “Paul & The Politicians,” “Good Cents with Ilyce Glink,” and more.

rtdnagavelChris Carl New RTDNA Chair.  WDEL, Wilmington, Delaware director of news and programming Chris Carl is the new chair of the Radio Television Digital News Association.  Pictured here is outgoing chair Vince Duffy of Michigan Radio (l) passing the gavel to Carl (r).  Carl notes that for the first time in the organization’s history, the RTNDF chairman, RTDNA chairman and RTDNA chair-elect are all radio people as Duffy moves to the Foundation chair for the next year, and the membership elects Amy Tardif of WGCU-FM, Fort Myers as the chair-elect.

Odds & Sods.  Pittsburgh Steelers quarterback Ben Roethlisberger is set to make regular appearances on CBS Radio’s KDKA-FM “Sportsradio 93.7 The Fan.”  Every Tuesday he’ll join the “Vinnie & Cook” show at 11:00 am…..Guaranty Broadcasting’s KYPY, Baton Rouge flips from classic country to a simulcast of sister sports talk WNXX “104.5 ESPN”…..New Jersey Devils hockey will continue to be heard on CBS Radio’s WFAN-AM/FM and beyond.  The club signs a new, multi-year deal with the station to keep games on for the ninth straight season beginning in October…..Clear Channel moves Portland Trailblazers basketball from news/talk KEX to sister sports talk KPOJ for the coming season to avoid preemptions…..Bob Smith retires from his post as host of “1370 Connection” at pubcaster WXXI, Rochester, New York after a 25-plus-year career with the station.  Smith suffered a stroke in April and is still undergoing rehabilitative care.

jimmyfundcheck13More Than $3.3 Million Raised in Jimmy Fund Radio-Telethon.  Entercom sports radio WEEI and regional cable sports channel NESN have teamed up for 12 years to air a two-day radio-telethon to benefit the Dana-Farber Cancer Institute in Boston. This week’s event helped raise more than $3.3 million – about the same amount raised the year prior.  This puts the 12-year total at more than $34 million.   Entercom Boston vice president and market manager Jeff Brown states, “The outstanding generosity of our listeners across New England year after year not only supports a great cause but betters the lives of those who need it most.  These past two days have been the most emotionally rewarding for the entire WEEI and Entercom Boston family this year.  We remain both humbled and thrilled to have played a role in helping the selfless team at Dana-Farber Cancer Institute in their fight against cancer.”  A check was presented at last night’s Red Sox game.  Pictured (from l-r) are: Red Sox owner John Henry, Red Sox chairman Tom Werner, Red Sox president and CEO Larry Lucchino, Entercom Boston VP/market manager Jeff Brown, Jimmy Fund director Suzanne Fountain, WEEI executive producer Joe Zarbano, WEEI director of marketing Adam Ralston, NESN president Sean McGrail, and Wally the Green Monster.

catenaccijoeWilmington, NC Sports Talk Show Adds Saturday Edition.  The weekly “Sports Connection” show hosted by Port City Daily sports writer Joe Catenacci adds a Saturday edition that begins a run on Sea-Comm-owned rock WBNE, Wilmington “103.7 The Bone.”  Joe Cat’s show began as a co-operative effort between the Port City Daily and Sea-Comm news/talk WNTB and WLTT airing Monday evenings from 6:00 pm to 7:00 pm.  Beginning tomorrow (8/31) Catenacci and co-host Cori Stukes will broadcast live every Saturday from Hell’s Kitchen on Princess Street in downtown Wilmington.  He says in the Port City Daily, “Over the last eight months, we have connected the local community with some of the top names in sports from across the country.  Even with a focus on local, we continue to get some of the household names when it comes to industry.  Locally, every high school football, basketball and baseball coach has made an appearance on the show at least once, as well as UNCW coaches and players.”

freemanedgeTALKERS Weekly Affiliate Roundup.  “Free Talk Live” featuring Ian Freeman and Mark Edge is picked up by a number of new affiliate stations, including: WCKG-AM, Chicago; WBAT-AM, Marion, Indiana; KENT-AM, Parowan, Utah; WRSB, Canandaigua, New York; WASB, Bridgeport, New York; W286AE-FM, Fairport, New York; and WNZS, Bangor, Maine…..“Late Night Health Radio” with host Mark Alyn joins the programming lineup at KABC, Los Angeles…..Talk Media Network’s “Frontlines of Freedom” with Lt. Col. Denny Gillem is added to WFPA, Fort Payne, Alabama…..The “Unlock Your Wealth” feature by Heather Wagenhals is added to affiliate stations WPGR, Pittsburgh; KFIV, Modesto and KWSX, Stockton, California; and WEZO, Augusta, Georgia.

U.S. Syria Action Top News/Talk Story for Week of August 26-30.  The question of whether the United States should take action against Syria was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM.  At #2 was the March on Washington anniversary tied with American race relations.  Following at #3 was Miley Cyrus’ performance at the MTV VMAs and at #4 was the implementation of the Affordable Care Act.  The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio and is published every Friday at Talkers.com.  View this week’s entire chart here.