Tag: "Real Time"
Townsquare Media to Go Public with IPO Hoping to Raise $144 Million. The negative spin on this story is that by going public, Townsquare Media becomes another company that must serve shareholders first – with all that that implies. But the reality is that Townsquare’s backers – Oaktree Capital and GE Capital (with 62% and 18% stakes, respectively) – have poured a lot of cash into building the company’s portfolio of 312 radio stations and number of digital publications. The company is sitting on $645 million of outstanding debt and the IPO would help put a dent in that if it raises the $145 million it hopes for. The one aspect of the company’s balance sheet that is turning radio industry watchers’ heads is that, according to its S1 filing, 26% of its revenue is coming from the non-radio end of its operations. At this point, there is no timetable for the IPO or any report of how much shares will be sold for.
New England Radio Pro Brad Shepard Exits WHYN, Springfield. For the past 11 years, Brad Shepard (left) has co-hosted the morning drive program alongside Bo Sullivan (right) on Clear Channel’s news/talk WHYN, Springfield, Massachusetts. Now, the station appears to be going with Sullivan alone in the driver’s seat as CC’s Jennifer Powers confirms to Masslive.com that “Brad Shepard is no longer part of WHYN mornings. We appreciate all of his contributions during his time with us and wish him well.” Prior to joining Clear Channel Springfield in 2000, Shepard was morning host at crosstown AC WMAS-FM for seven years. The move appears to be budget related like most of the talent cuts taking place at Clear Channel that TALKERS and RadioInfo have reported this week.
TALKERS Career Moves. Las Vegas radio pro Tom Humm inks a new, five-year deal to remain in his vice president and market manager role at Beasley Broadcast Group’s station group there that includes four music stations and news/talk KDWN…..Nicky Sparrow is named the director of sales for the Clear Channel New Orleans station group that consists of six music outlets and news/talk WRNO-FM “Rush Radio 99.5.”
WGN, Chicago to Unveil ‘Walk of Fame.’ This Friday is the day Tribune Company’s WGN Radio will hold the WGN Radio Walk of Fame Induction Ceremony at Pioneer Court in front of Tribune Tower on Michigan Avenue. The ceremony will be broadcast live on WGN with hosts Steve Cochran and Bob Sirott introducing the 2014 Walk of Fame inductees and interviewing them or their family representatives. Being inducted this year are: Spike O’Dell, Orion Samuelson, Kathy O’Malley, Wally Phillips (represented by wife, Barbara Phillips), Judy Markey, Quin Ryan (represented by his cousin, Justin O’Brien), Milt Rosenberg, Jack Brickhouse (represented by wife, Pat Brickhouse), Roy Leonard, and Bob Collins (represented by wife, Christine Collins).
The New York Festivals Announces International Radio Program Award Winners. Monday evening in New York City, the New York Festivals handed out honors to the winners in the 2014 competition The New York Festivals International Radio Program Awards. The broad competition included entries from all over the world in a wide spectrum of categories. Some of the winner from the United States included the American Forces Network; WGBH, Boston; Bloomberg News; and Gary Theroux Productions. Follow this link and you can search for winners based on country or category.
PodcastOne Targets Young Demos with Brody Jenner Show. The half-brother of the Kardashian sisters – Brody Jenner – is entering the world of podcasts with co-host and relationship expert Dr. Mike Dow for a weekly podcast titled, “The Brody Jenner Podcast with Dr. Mike Dow.” Brody – star of MTV’s “The Hills” – will focus on the love lives of celebrities and the podcast’s audience as they engage them through social media. PodcastOne founder and CEO Norm Pattiz says, “Brody Jenner has an amazing connection with exactly the target audience we want to build at PodcastOne. We’re now doing business with over 100 of the nation’s biggest brands. We know where we need to go and we’re betting that Brody and Dr. Mike Dow can help get us there.”
Odds & Sods. “America Now” host Andy Dean will appear on this Friday’s edition of “Real Time with Bill Maher” on HBO at 10:00 pm ET. The Premiere Networks-syndicated talk host will be on with journalist Bobby Ghosh and MSNBC anchor Joy Reid…..Former WEEI, Boston sports talk host Glenn Ordway’s digital effort “The Big Show Unfiltered” makes a move on its SiriusXM platform where it is also heard live from 3:00 pm to 6:00 pm ET. The show moves from channel 108 to channel 220 for Sirius subscribers but remains on 206 for XM subscribers. A press release from Ordway’s organization reports the show’s podcasts (which debuted on March 17) “have generated nearly 312,000 listener hours, up from over 252,000 individual listening sessions. Each of those individual listening sessions, on average, has lasted 1:14, a critical factor in developing listener loyalty.”…..The internet video sports entertainment project 120 Sports debuts this evening at 6:00 pm ET. 120 Sports is collaboration between Time Inc./Sports Illustrated, MLB.com, the NHL, Campus Insiders and Silver Chalice. 120 Sports is described as “a first-of-its-kind network partnership involving multiple leagues and media properties created for the digital generation and the devices it uses most. In 120 Sports, today’s fans will have access to unauthenticated video programming through a new platform built to intuitively integrate video and data in ways they haven’t experienced before. The 120 Sports product will debut as free native applications for mobile and tablet devices as well as a web experience at 120Sports.com and other distribution outlets.
Iraq Turmoil-U.S. Military Role, IRS Scandal Testimony, Influx of Illegals in Southwest, Primary Races/State of the GOP, Hillary Clinton Memoir-Financial Status, News Corp Phone Hacking Trial, LeBron James Watch, and World Cup Action Among Top News/Talk Stories Yesterday (6/24). The continuing march of ISIS toward Baghdad and the U.S. military’s potential role in the country’s security; the testimony surrounding the loss of Lois Lerner’s emails by the IRS; the massive influx of minor illegals in the Southwest and concerns about health problems and criminal activity; the primary races for the fall’s mid-term elections and debate over the state of the GOP; Hillary Clinton’s latest memoir and her statements about her financial status; verdicts in the News Corp phone hacking scandal; speculation about the future of NBA star LeBron James; and the hoopla over World Cup action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
Radio Show Presents a Talk Radio Panel (or Was It Really an All News Radio Panel?). The NAB/RAB Radio Show presented a panel for the talk radio format semi-prejudicially titled “ Is News the New Talk for Radio?” featuring Phil Boyce, VP spoken word format, Salem Communications; Mark Masters, president/CEO, Talk Radio Network; and Ed Shane, CEO, Shane Communications. It was moderated by Jim Farley, VP news and programming, WTOP-FM, Washington, DC. Farley set the topic up by mentioning the Rush Limbaugh ad boycott and asked the question “[With big time advertisers shying away from talk radio and controversial products] is it time to consider all-news as the new talk for the future?” He referenced the success of WTOP which is undeniable. The station has been the #1 biller in the nation for two straight years. Ed Shane gave a case study for what they have done at “92 News” in Houston, a Radio One station. He said there were three things you have to have if you want to create an all-news station: guts, money, and patience. He talked about the expense of running that station, saying they took on $2 million in talent costs and had to re-build the radio station’s facility. Shane played some of the imaging for the station which uses the slogan “All News, No Spin.” TRN exec Jim Watkins subbed for Masters who was unable to attend at the last minute. Watkins said smaller stations can do the all-news format using his company’s America’s Radio News Network. He claimed 500 affiliates when you add them up. (Some are taking the top-of-the-hour product, just under 200 take the morning drive show and the other stations taking some of the other long-form shows, AARN has all-news product from 6:00 am to 9:00 pm.) BOYCE STEPS UP TO THE PLATE: After all the conversation about how talk is dead and all-news is the savior, Phil Boyce started by saying “I feel like the last man standing at the U.S. embassy in the Middle East, with the protesters outside calling for my head and chanting ‘Death to Talk’.” Boyce repeated the line “Listeners have a Vote” and did his best to convince the crowd that while there was some short-term damage from the Rush boycott, it did not hurt traditional talk radio. He mentioned that both Sean Hannity and Mark Levin told him this week their sales are up 20%-25% over last year, despite the boycott. “There is a website out there listing all the advertisers Rush still has on encouraging the protestors to go after.” Boyce mentioned some of them and said there were 68 of them on this list. “Not bad for a show that has 18 minutes a day of network commercial time.” He then pointed out, “The Premiere sellers have figured out that there are a lot of advertisers who are bullet-proof when it comes to ad boycotts. They just don’t care because they know talk radio moves product, and they know the 1,000 angry e-mails or Facebook posts do not come from their client base. If the angry tweet says, “We’ll never shop with you again,” they can check their database and discover they never shopped there in the first place. These direct advertisers are who we need to do business with. The transactional big-name advertisers may never come back, but there are plenty out there who can replace them.” Boyce went on to mention the new movie “2016 Obama’s America” had record box office business and used talk radio as its primary advertising medium. He said, “This ad boycott thing is nothing new. They tried to kill Glenn Beck two years ago, and at one point had a list of 100 advertisers who would not advertise with him and they claimed victory in driving him off the Fox News Channel, dancing on his grave. The problem was, he was not in that grave and one year ago this month he went out and formed his own TV news channel with 300,000 subscribers.” Boyce did the math for the panel…$32.4 million a year, from subscriptions. “That does not count his book sales, appearance fees, and the $100 million dollar five-year deal they just did with Premiere. What they meant to kill him only made him stronger.”
2012 Marconi Awards Presented at Radio Show. The 2012 National Association of Broadcasters Marconi Radio Awards were announced last night (9/20) at the annual NAB Marconi Radio Awards Dinner & Show held at the Radio Show in Dallas. Winners in the spoken-word formats included: “Legendary Station” – KSTP, St. Paul; “Network/Syndicated Personality” – Dan Patrick, Direct TV/Premiere Networks; “Major Market Station” – WTOP-FM, Washington, DC; “Medium Market Station” – WHO-AM, Des Moines; “Major Market Personality” – Mike Francesa, WFAN, New York; “Medium Market Personality” – Jan Mickelson, WHO-AM, Des Moines; “News/Talk Station” – WTOP-FM, Washington, DC; and “Sports Station” – WEEI-FM, Boston. Marconi finalists were selected by a task force of broadcasters, and the winners were voted on by the NAB Marconi Radio Awards Selection Academy. The votes were tabulated by an independent firm.
NAB/RAB Radio Show Wraps Up Today. More than 2,000 radio broadcasters from around the nation are wrapping up their gathering and saying their goodbyes at the Hilton Anatole Hotel in Dallas this afternoon as the annual “Radio Show” jointly presented by the National Association of Broadcasters (NAB) and the Radio Advertising Bureau (RAB) comes to its conclusion. Most observers agree it has been a productive and successful three-day industry event. The main topics covered include radio’s pressing need for the smartphone radio chip to be “turned on” as well as debate and concern over music royalty fees; the pros and cons of streaming; the challenges facing commercial spot sales/programming; living in a PPM world; cross platform audience measurement; and the challenge of generating digital revenue. On a basic level, the underlying concern of the conference was the very survival of terrestrial radio in the unfolding digital era and mapping out a course to achieve the industry’s vitality and relevance in it.
Roger Hedgecock to Appear on Bill Maher’s “Real Time” Show on HBO Tonight. Radio America nationally syndicated talk show host Roger Hedgecock will get national TV exposure on a very popular HBO show as he’ll be one of the guests on “Real Time with Bill Maher.” Hedgecock will appear on the program with Chris Matthews, Salman Rushdie, Eugene Jarecki and Rana Foroohar. The program airs live tonight from 10:00 pm to 11:00 pm ET.
Mel Making Out Swell. According to an SEC report on insider trading Siruis XM CEO Mel Karmazin has exercised options and sold over 76.7 million shares of Sirius XM stock since April 18 – including 20.36 million shares on Wednesday (919). That brings his overall take to $172 million since April 18. Either he’s raising a lot of money for something, or he’s exercising options before he either leaves on his own or is asked to leave by Liberty Broadcasting head John Malone who has been adding to his stake in Sirius as Mel has been cashing in shares. Definitely fuels speculation that Mel’s days with Sirius might be numbered.
Advice for the Industry in Tough Times. Nationally syndicated talk radio sensation Dave Ramsey is pictured here speaking to a packed Wedgwood Ballroom inside the Hilton Anatole at the NAB/RAB Radio Show in Dallas yesterday (9/20). In this Super Session titled “Succeeding in This Economic Environment,” Ramsey delivered inspirational ideas and strategies for thriving in the radio industry. The Ramsey organization says the proven business concepts discussed were developed over Ramsey’s 20 years in the radio business.
WCOA, Pensacola PD and ND Allen Caudle Exits Station. TALKERS hears program director and news director Allen Caudle leaves Cumulus Media’s Pensacola, Florida news/talk outlet WCOA after four-and-a-half years on the job. He’s looking for his next opportunity and can be reached at 850-324-7149.
Tax Relief for New Jersey Town Credited to Governor’s Show on New Jersey 101.5. A bout of tax relief coming to residents of Monroe Township New Jersey is being credited to the monthly “Ask the Governor” show on Townsquare Media’s New Jersey 101.5. Governor Chris Christie hosts the monthly show with NJ101.5’s Eric Scott and during the August program callers protested high property tax increases. Christie blasted Monroe Township Mayor Richard Pucci and promised to look into the matter. He recently reported on Jim Gearhart’s morning drive show on NJ101.5 that the tax hike violated the state’s property tax increase cap and all residents would be credited for the overage. Christie is pictured here at New Jersey 101.5’s studios. (Photo by Annette Petricionne.)
Premiere Networks Host Clyde Lewis Featured in Portland Magazine Piece. The very popular Portland, Oregon-based nighttime talk show host Clyde Lewis was the subject of a lengthy piece in the city’s About Face magazine on his radio show “Ground Zero” that’s being syndicated nationally by Premiere Networks. The extensive interview covers Lewis’ takes on any and all conspiracy theories and paranormal subjects that can be part of his show content. Lewis’ program is produced by Alpha Broadcasting’s KXL, Portland, airs nightly from 10:00 pm to 1:00 am PT and was put into national syndication by Premiere after it became one of the most-listened-to shows on Portland radio. Read the piece here.
New Studios Dedicated. Tribune’s WGN, Chicago will officially unveil its refurbished Allstate Showcase Michigan Avenue studio on the Garry Meier show this afternoon. This past May WGN announced the new partnership with longtime sponsor Allstate. Following the station’s move to the 7th floor of Tribune Tower this summer, the Allstate Showcase Studio underwent technical upgrades and an interior studio wrap featuring WGN Radio and Allstate graphics was installed.
Waikiki Weekend. Fox Sports Radio Network “Loose Cannon” Vic “The Brick” Jacobs (r) is pictured here with one of the winners of the show’s annual “Waikiki Weekend” contest getting ready for a canoe ride. “Loose Cannons” Jacobs, Steve Hartman and guest co-host and NFL Hall of Famer Eric Dickerson accompanied the winners to Waikiki last weekend for the trip that included a live broadcast and, of course, lots of fun Hawaiian-style.
Mitt Romney’s 47% Comments Top the Talkers TenTM for the Week of September 17-21. Mitt Romney’s comment that President Obama’s 47% support was dependent on government and the fallout from it was the most-talked-about story on news/talk radio this week, according to ongoing research from TALKERS. Following at #2 was the anti-America protests tied with the Libya consulate attacks analysis. At #3 was the cost of ObamaCare for the middle class and at #4 was the presidential race polls. The Talkers TenTM is a chart of the top stories and people discussed on news/talk radio during the week and is published every Friday at Talkers.com. See the charts in their entirety for this week here.