Tag: "Q1 revenue"

Tuesday, May 5, 2015

| May 5, 2015

berrymichaelMichael Berry Renews with iHeartMedia.  Houston-based talk show host Michael Berry inks a new long-term deal with iHeartMedia that runs through 2020.  Berry’s program is based at news/talk KTRH, Houston and is heard on iHeartMedia stations in 13 additional markets.  The former Houston city councilor started his talk radio career with the company in 2005.  Berry states, “While I’m loyal to the company I’ve worked with for so long, this agreement is about the future, not the past. From Bob Pittman, our chairman and CEO, and Rich Bressler, our president, COO and CFO, to Kelly Kibler, my EVPO; Eddie Martiny, my market manager; and Marc Sherman and Bryan Erickson, our programming directors in Houston — every single one of them is committed to our show, our team, and the way we do things.  They’ve provided a platform for me to serve my sponsors, entertain our listeners, and raise money for Veterans, and I’m incredibly excited about our future.”  Bob Pittman comments, “Michael is a great talent, and his audience loves and relies on him – both for the news and important information he provides every day, and for his strong commitment to his community of listeners and the causes important to them.  We are very pleased that Michael will continue his strong work for us, and delighted that he’ll continue to be such a key part of our team.”

lewisloriCumulus Brings Digital and Social Media Pro Lori Lewis Aboard.  This new relationship brings industry-respected digital and social media maven Lori Lewis together with Cumulus Media as she becomes the company’s new vice president of social media.  A press release says in her new position, she’ll work with Cumulus’ programming and sales teams to develop integrated social media strategies for the company’s radio stations and the Westwood One network.  She will also provide social media solutions to Westwood One’s affiliate partners as part of the company’s Enterprise Solutions Group.  Lewis will report directly to president and CEO Lew Dickey.  Lewis was most recently with consulting firm Jacobs Media.  Lew Dickeycumulus logo comments, “Lori is our industry’s foremost authority on social media.  She has architected successful social strategies for many of the biggest brands in radio.  We are excited for Lori to bring her unique experience and expertise to our station group as well as to our affiliate partners at Westwood One.”  On joining Cumulus, Lewis says, “I am honored to take this newly created role within Cumulus, and to create real value and impact socially for our audiences, advertisers and affiliate partners.  Many mistake social for volume, when in fact it’s about differentiating.  This move, on behalf of Lew Dickey and [Cumulus SVP] Gary Pizzati, speaks volumes of their leadership and foresight in moving Cumulus forward, and I thank them for that.”

entercomEntercom Promotes Kramer to COO, Names Levy to Board of Directors.  Station group president Louise Kramer is promoted to chief operating officer for Entercom Communications Corp.  In a press statement, the company says, “Kramer is a media veteran who has been withkramerweezie Entercom since 2000, most recently serving as station group president.  In this role, she spearheaded the company’s reinvention efforts, focusing on enhancing the company’s future growth and directly overseeing several of the company’s markets.  Ms. Kramer is a member of Entercom’s operating committee and, since 2013, has served as chairperson.  Entercom president and CEO David Field comments, “Weezie is an enormously talented and effective leader who has made a huge impact on our organization since she joined Entercom in 2000.  Like so many great leaders, she is totally and selflessly committed to her team’s success, bringing levydavidher vast energy, intelligence, creativity, and high standards to our entire organization.  I am thrilled to see her continue to rise to the highest levels of our company.”  Also, the company reports that David Levy is named to the board of directors.  Levy has served as president of Turner Broadcasting System since 2013.   In this role he oversees all creative and business activities of the Turner signature entertainment networks —TBS, TNT, Turner Classic Movies, truTV, Cartoon Network, Boomerang and Adult Swim — and their digital brand extensions, as well as Turner Sports.

wmal logoCumulus Has a Buyer for WMAL, Washington Transmitter Site.  According to Bethesda Magazine, Cumulus Media has a deal with two prominent area home builders who will turn the Bethesda, Maryland site of WMAL-AM, Washington’s transmitter into a 76-acre housing development.  Winchester Homes and Toll Brothers are reported as the buyer but no sale price has been announced yet.  According to real estate firm CBRE, the land could hold up to 300 homes on quarter-acre lots in accordance with current zoning regulations.  Cumulus will relocate the WMAL-AM transmitter.

younglarry and cohostsRadio One Revamps WOLB, Baltimore’s Larry Young Show.  The urban morning drive talk show lead by radio personality Larry Young is now being simulcast on Radio One’s translator W291BA at 106.1 FM.  That signal airs Christian music and is branded “PRAISE 106.1.”  Joining Young (center) and co-host Coach (left) is former WWIN, Baltimore “Magic 95.9” midday personality Tim Watts (right).  The station says, “We’re combining the best of the Praise format with the information, entertainment and ‘ground level’ interaction that our listeners already expect from Larry’s show.  For additional color, we’ve welcomed Tim Watts back to be part of this daily roundtable of all things Baltimore and our community.”

gordonmaryGordon Named Sales Manager for iHeartMedia Tampa. The appointment of Mary Gordon as sales manager for iHeartMedia‘s Tampa cluster takes effect in four weeks (6/1). Senior vice president of sales Fernando Bauermeister comments that, “Mary’s experience of leading successful teams made her a natural choice for the position. We are excited to have Mary join our staff and we look forward to her helping our clients grow their business.” Gordon states, “I am extremely excited to be given the opportunity to join the team of talented professionals at iHeartMedia Tampa. I look forward to utilizing the amazing assets that iHeartMedia has in its arsenal to find solutions to the key marketing objectives in the west Florida region.” Gordon’s background includes a stint in sports marketing for IMG (International Management Group), as well as being general sales manager – and later director of sales – for Cumulus Media Atlanta’s country WKHX “Kicks 101.5” and WYAY. The eight-station iHM Tampa cluster includes: urban contemporary WBTP “The Beat”; WDAE “Tampa Bay’s Sports Radio”; talk WFLA; CHR WFLZ “The Hit Music Channel”; country WFUS “US-103.5”; talk WHNZ “Impact Radio”; hot AC WMTX “Mix 100.7”; and WXTB “98 Rock.”

hoyttomHoyt Heads to Louisville as Salem Media Group GM. Founder-president of Missouri-based AdAbilities Tom Hoyt – is named general manager of Salem Media Group Louisville talk outlet WGTK “The Answer” and WFIA “The Spirit – Christian Talk & Praise.” Salem vice president of operations Mike Moran notes, “We were looking for a general manager with a combination of strong leadership skills, management experience, and a proven sales orientation. I believe with Tom we found a man who delivers on all those fronts and brings the additional benefit of knowing and loving the city of Louisville.” Hoyt comments, “I cannot imagine a more ideal opportunity than this position with Salem Media Group in Louisville. The stations are heritage properties with a veteran staff. I am thankful that Mike has selected me and I am looking forward to building on the success the team has established.” Hoyt – who succeeds Tim Hartlage at the Louisville talk combo – previously worked in the market for Cox Media Group; was vice president and chief sales officer for CommunityLink Publications; general sales manager of Emmis St. Louis; and director of sales for Barnstable Broadcasting‘s stations in Greenville, South Carolina. Hartlage continues working for Salem, focusing on local ministry.

sagaSaga Communications Q1 Revenue Down 1.2%; Radio Division Dips 2.6%.  For the first quarter of 2015, Saga Communications is reporting net revenue decreased 1.2% on income of $29.1 million.  Revenue for the radio segment was $24, 276,000 – a decline of 2.6% compared to the same period a year ago (the TV segment was up).  Other data reported included free cash flow up 5.2% to $3.6 million for the quarter ended March 31, compared to $3.4 million for the same period last year.  Station operating expense decreased 0.8% to $22.8 million (station operating expense includes depreciation and amortization attributable to the stations) compared to $23.0 million for the same period last year.  Operating income was $3.8 million.  Net income for the period was $2.1 million ($0.36 per fully diluted share).

Odds & Sods.  Philadelphia news/talker WPHT will play a role in the local appearance of Kentucky Senator and presidential candidate Rand Paul.  After his press conference at the People’s Plaza on Independence Mall onwpht logo Monday, May 18, the senator will make a special appearance at the Independence Seaport Concert Hall for a discussion focused on his book, Taking a Stand: Moving Beyond Partisan Politics to Unite America.  WPHT host Dom Giordano will moderate…..Longtime WGN, rosenbergmiltChicago radio host and current WCGO, Chicago personality Milt Rosenberg was recently honored by the City of Chicago for among other things, “bringing the world of ideas to millions of listeners, combining a scholar’s understanding of the humanities broadened our citizens’ engagement with the humanities, or helped preserve and expand Americans’ access to important resources in the humanities.”

2016 Presidential Prospects, ‘Prophet Drawing Contest’ Shooting, Clinton Family Foundation Scrutiny, Baltimore Aftermath, and California Drought Among Top News/Talk Stories Yesterday (5/4).  The influx of new candidates for president in 2016 including independent Vermont Senator Bernie Sanders, and Republicans Carly Fiorina, Ben Carson and Mike Huckabee; the aftermath of the weekend’s shooting of two purported ISIS followers at a “prophet drawing contest” in Garland, Texas; Bill Clinton’s dismissal of criticism of the Clinton Family Foundation finances; the civil and political situation in Baltimore and questions about how Freddie Gray died; and the worsening drought in California and the battle over water policy were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Friday, April 20, 2012

| April 20, 2012

Ed Schultz Added to Growing Lineup of Movers, Shakers and Stars at New Media Seminar.  “Big Eddie,” star of MSNBC’s nightly “The Ed Show” and nationally syndicated progressive talk radio sensation has been named to deliver the annual “State of the First Amendment” address at the forthcoming New Media Seminar in New York City on Thursday, June 7.  The speech, which has a rich history dating back more than two decades, is a longtime tradition in the talk show industry and will take place during the Freedom of Speech Ceremony at this year’s event.  WTOP, Washington VP of news and programming, Jim Farley will be this year’s recipient of the prestigious Freedom of Speech Award.   This year’s NMS/NY will feature a lineup of more than 50 industry speakers addressing a variety of topics including the state of programming in talk radio, methods of generating revenue during tough times, the challenge of selling controversy, designing successful digital and social media strategies, the changing role of news, the continuing growth of sports talk, and lots more.  A detailed agenda for the June 7 event will be posted at Talkers.com this coming week.  This year’s New Media Seminar marks the innovative launch of an updated model sensitive to the tough economic and stressful conditions of the times.  Significant restructuring has been applied to lower the costs of registration (only $99), accommodations and travel as well as moving the event from the weekend to a weekday. According to TALKERS founder Michael Harrison, “Both conferences will be national in scope and regional in flavor, a recipe that worked amazingly well at last year’s successful experiment, the Los Angeles Regional Talkers Forum.”  NMS 2012 will consist of two one-day conferences.  The first will be held in New York City on Thursday, June 7, 2012 at the Concierge Conference Center on Manhattan’s East Side.  According to its organizers it is on the verge of a sellout.  The second – presented in association with the Los Angeles Press Club – will take place on Thursday, October 11 in Los Angeles at the Steve Allen Theater in Hollywood.  Harrison says, “We learned a tremendous amount at last year’s ‘happening’ in L.A. There is something very exciting, fulfilling and productive about one single, power-packed day with no time-wasting fat or money-wasting frills.  It was executed purposefully under the radar to test the waters for this new model on a national scale and it succeeded beyond our wildest expectations, reaching maximum registration capacity in a matter of days.  Although the New Media Seminar has actually grown consistently larger and has been a sell-out every year of its existence, we recognize that conditions are such that a change would eventually be necessary as well as beneficial to the working person in our business – at least during this stressful period of tight budgets and high industry economic uncertainty.  At TALKERS we insist on being ahead of the curve.  Industry conferences need to include and be accessible to professionals in the trenches as well as the corporate elite.  This new model is a gift to the business.”  Because quick sell-outs for each event are expected, registration is limited to working media. (As indicated, New York is on the verge of a sellout.)  For registration and sponsorship information, call Barbara Kurland at 413-565-5413 or e-mail her at barbara@talkers.com.

UPDATE!!!  HOTEL INFORMATION FOR NEW YORK ATTENDEES.  The Doubletree by Hilton Metropolitan New York at 569 Lexington Avenue (3 blocks away) has rooms available for $359 per night for a limited time.  You may register online via www.dtnewyork.com. On the main page, click on reservations and type the letters TNM in the group code box.  Or you can call 800-222-8733 and give the code TNM when speaking to the guest services staff. 

Arbitron Reports Q1 Revenue Up 5.5%.  The first quarter of 2012 has been good to Arbitron Inc. as the company states net income increased 9.6% on revenue growth of 5.5% during the period that ended March 31.  Total revenue for the quarter was $106.4 million and it came primarily from annual rate increases, including the continued phase-in of price increases for the PPM.  Arbitron CEO Bill Kerr states, “Our results and our activities in the first quarter are well aligned with our long standing priorities for enhancing our core services and for generating revenue growth.  We unveiled our marketing mix modeling service at the recent Advertising Research Foundation convention.  We expect to have the complete service up, running and ready to improve radio’s visibility among the top agency media planners by the middle of the summer.”  Kerr also said, “Digital radio remains a key priority as we continue our work to follow radio onto its new digital platforms in order to quantify this growing audience segment thereby enabling customers to monetize it.”  Guidance for the rest of 2012 indicates Arbitron expects revenue to be up between 5% and 7%.

Cox Media Announces Talent Lineup for New Tampa FM Talker “The Bone.”  Last week Cox Media Group announced it would drop the rock music on WHPT-FM, Tampa – “The Bone” – built around the success of AM drive talent Bubba the Love Sponge and PM drive counterpart Cowhead.  Now, the company announces the rest of the lineup consisting of talent already working in the Cox stable.  Following Bubba from 10:00 am to 12:00 noon is former WTKS-FM, Orlando – Real Radio 104.1 – personality Drew Garabo, who currently is AM drive host on the Cox Tampa cluster’s rock WSUN-FM.  From 12:00 noon to 3:00 pm Cox imports Billy Madison and his KISS-FM, San Antonio morning show crew for a midday talk program.  Following Cowhead in PM drive is Bubba cast member Matt “Spice” Lloyd who’ll host the 7:00 pm to 10:00 pm program.  Cox Radio Tampa vice president and market manager Keith Lawless says of the new direction of The Bone, “The top-rated performance on our current shows clearly tells us that Tampa Bay likes what they hear and is asking for more.  We have worked hard to insure we are giving them what they want with these compelling new shows.  This is an exciting time in Tampa Bay radio.”

Clark Howard Sponsors 46th Habitat for Humanity House.  Cox Media nationally syndicated financial and consumer issues talk host Clark Howard announces he’s challenging the Tulsa community to help him build a Habitat for Humanity house in the city.  Howard is putting up half the money it’ll take to build the house — $35,000 – and is asking listeners to Tulsa affiliate news/talk KRMG-AM/FM to donate the rest.  The Tulsa Habitat build will be parallel to a build in Joplin, Missouri that Clark is also sponsoring on the one-year anniversary of the devastating tornado as part of his on-going “Project Home” campaign.  The Tulsa home will be the 46th Habitat for Humanity home that Howard has helped sponsor.

Odds ‘n’ Sods.  New York talk radio personality Loose KannonRob Stevens – is heard on the WOR, New York internet stream from 6:00 pm to 8:00 pm daily beginning Monday, April 23.  Stevens previously was heard on Salem Communications’ WNYM, New York internet stream.  He tells TALKERS he’ll be heard between former New York Governor David Paterson and former Arkansas Governor Mike Huckabee on the stream…..Main Street Radio Network president Jane Silk is publishing a new book on May 5 titled The Poetic Gourmette (Changing Lives Press 2012).  The book is billed as a “compilation of uniquely formed recipes inspired by emotional challenges experienced by the author at the time of creation.”  Silk says, “I would move on to cooking and experimenting with various ingredients, which to me were like words.  Every time I mixed an ingredient, I was expressing another feeling.  When I completed my recipes, I felt that I had dealt with whatever the world had sent my way.”…..ESPN Radio and USC agree to a multi-year deal to allow the sports giant the exclusive national broadcast rights to Trojans home football games…..The Automotive Journalism Society of America names talk host Jeff Shade’s syndicated, KRKO, Seattle-based “Talk About Cars” the “Best Automotive Radio Show” for 2012.  Shade’s program is heard on KRKO, Seattle; WIXC, Melbourne, Florida; and WAMT, Orlando to name a few and is gaining new affiliates each week…..KYKN, Salem, Oregon talk host Bill Post’s program is expanded from two to three hours daily, now airing from 12:00 noon to 3:00 pm.  General manager and station owner Mike Frith states, “I’m delighted with the way in which Bill Post has taken the show from a compelling hour to a second hour and now a third hour of great local, Oregon oriented talk.  He has consistently kept the show topical, fun and informative and our listeners have responded very positively to the show.”

2012 Presidential Campaign Top News/Talk Story for Week of April 16-20.  The ongoing 2012 presidential campaign returned to the #1 spot on the Talkers TenTM chart of the week’s most-talked-about stories on news/talk radio.  Following at #2 this week was President Obama’s proposed oil industry regulations.  At # 3 was ongoing debate in Washington over the federal budget deficit and the death of the ‘Buffett Rule’ in the Senate.  And at #4 was the scandals involving the Secret Service and the Government Services Agency.  The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio and is published each Friday at Talkers.com.  View this week’s entire chart here.

Revolution on the Hill.  That was the name of the first event held on the Capitol Hill lawn on Monday, April 16 and sponsored by former presidential candidate Herman Cain.  The purpose of the rally was to draw attention to tax reform, fiscal responsibility and the importance of electing true conservatives in government and included such speakers as Dick Morris, Ralph Reed and Grover Norquist.  Also taking part were some important talk show hosts.  Pictured here at the event are (from l-r): Cox Media’s Neal Boortz; Talk Radio Network and WGST, Atlanta’s Rusty Humphries; and WLAC, Nashville-based Radio America-syndicated host Steve Gill.

TALKERS Weekly Affiliation Roundup.  “Free Talk Live” featuring Ian Freeman and Mark Edge adds WRHL, Rochelle, Illinois and Montana tri-mulcast KYLW, Billings; KBSR, Laurel; and KHDN, Hardin…..Better Health Network’s Dr. Bob Martin health talk program is added to the weekend lineup at KFWB, Los Angeles.