Tag: "Rich Bressler"
iHeartMedia Reports Q2 Revenue Up 4%. The privately-owned iHeartMedia announces its Q2 financial numbers and reports revenue was $841 million – up 4% compared to the same quarter in 2014 – and stating that it saw “strength across the business (core local and national broadcast advertising revenue, traffic and weather business, syndication business and events).” The company says its expenses rose 5% year-over-year attributable to “event production costs, timing of barter and trade expenses, sales compensation expense and costs related to music licenses and performance royalties.” Chief operating officer and chief financial officer Rich Bressler says in a press release, “We’re pleased with the revenue and OIBDAN growth we achieved this quarter. We continue to invest in our capabilities across both iHeartMedia and outdoor to realize the full value of our multi-platform assets. With no significant debt maturities until 2018, we can continue focusing on growing the top and bottom lines across our business segments.” Total debt for the media giant is reported as just shy of $20.4 billion.
Stigall: The Importance of Talk Radio. WPHT, Philadelphia morning drive host Chris Stigall writes in a piece published in TALKERS today about recent events that have given him pause to reflect on the value of talk radio to the greater society. Stigall says that an important cog in the media machine would be missing if talk radio did not exist. He says, “Call talk radio propaganda if you’d like, but it can only thrive if it offers something consumers want to hear and delivers results to advertisers and sponsors. I know in our show’s case we’re blessed with both. Whether it’s Limbaugh’s leading voice of conservatism, Levin’s case for millennials to engage in their country’s political future, Hannity’s demands for more scrutiny of a taxpayer-funded entity, or simple assessments of current and future leaders’ character – talk radio is the only place it’s found consistently.” Read Stigall’s entire piece here.
iHeartMedia Charlotte Hikes Hotchkiss to Market President. Senior vice president of sales Keith Hotchkiss is elevated to market president of iHeartMedia‘s six-station Charlotte operation. Hotchkiss remarks that, “iHeartMedia Charlotte boasts some of the most talented on-air hosts, programmers, and sales professionals in the country. It is my goal to lead and expand, providing innovative solutions for our client partners across all our platforms, while also creating the best radio for our listeners. This is an exciting time to be in the radio industry. I could not be more proud to represent one of the world’s most enterprising media companies in one of the nation’s greatest cities.” Prior to being transferred to Charlotte, Hotchkiss spent more than 15 years at the company’s Cleveland cluster, where he ultimately became general sales manager. With (6+) Nielsen Audio June 2015 PPM market share and market rank in parentheses, iHeartMedia’s Charlotte cluster consists of country WKKT “The Kat” (7.3, #3); classic rock WRFX “The Fox” (6.5, #4); adult hits WLKO “The Lake” (6.3, #5); CHR WHQC “Channel 96-1” (5.3, #7); and WEND “New Rock 106.5 – The End” (3.1, #12 ). WRFX-HD2 “Fox Sports FM 98.7″ does not appear in Charlotte’s June sweep.
Odds & Sods. The news/talk format airing on WMEL, Cocoa Beach, Florida and operated by John Harper’s Broadcast House LLC will move to Genesis Communications’ WIXC (licensed to Titusville, Florida) beginning Sunday, August 9. Rama Communications has been leasing the station to Broadcast House…..Matt Jones’ “Kentucky Sports Radio” will continue to be heard on stations in the Blue Grass State as Jones renews with the network. The show airs from 10:00 am to 12:00 noon on WKJK, Louisville; WLAP, Lexington; and other iHeartMedia stations across the state using the Kentucky News Network…..Christopher “Jack” Johansing is promoted to marketing director at Benztown. He’s been with the company for the past five years serving as coordinator, web, marketing & affiliate relations.
Cecil the Lion Case, 2016 Presidential Candidates-Trump Criticisms, Planned Parenthood Videos Scandal, Iran Nuclear Deal, Bill Cosby Rape Allegations, Samuel DuBose Slaying, Lois Lerner-IRS Case, and the NFL’s Tom Brady Decision Among Top News/Talk Stories Yesterday (7/29). The case of the Minnesota dentist who hunted a protected lion in Zimbabwe and the public outcry; the activities of the candidates for president in 2016 and the intense scrutiny of Donald Trump; the aftermath of the release of videos showing Planned Parenthood doctors haggling over the price of body parts from abortions; the proposed nuclear deal with Iran; the rape allegations being leveled against Bill Cosby; the slaying of unarmed motorist Samuel DuBose in Cincinnati by a police officer; new allegations of Lois Lerner destroying evidence in the IRS scandal; and the NFL’s upholding of the four-game suspension of Tom Brady were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
TALKERS ‘Heavy Hundred’ for 2015 Delayed One Day – Coming Tomorrow Wednesday, March 25. TALKERS magazine has delayed the date for the posting of the 2015 installment of the publication’s annual feature, “The 100 Most Important Radio Talk Show Hosts in America” which was originally set to be posted today. The list will be revealed tomorrow (3/25) at approximately 2:00 pm ET. This will mark the 20th consecutive year that the talk media trade journal (that is about to mark its 25th anniversary) has been compiling and publishing the list – also known as “The Heavy Hundred.” According to TALKERS VP/executive editor Kevin Casey, “This year’s list will include a number of familiar faces (and voices) as well as new up-and-comers and several veterans whose continuing, successful careers our editors believe need acknowledgement on this list in 2015.” Casey continues, “Needless to say, compiling this list is extremely challenging – especially since it draws upon both objective and subjective factors – and is the source of heated debate every year among our editors for months leading up to its release.”
Savage Celebrates Milestone! Talk radio icon Michael Savage – now syndicated by Westwood One – is celebrating 21 years in radio today (3/24) with a special program that will reflect on his more than two decades on the air. Savage is recognizing his time on the radio by encouraging listeners to call in and share their favorite memories from past shows. He’ll also play rare archival show segments from over the years throughout the program.
Robinson to President Post at iHeartMedia Ventures Group. This is a promotion for iHeartMedia’s EVP of strategic development as Joseph Robinson is named president of the iHeartMedia Ventures Group in which Robinson will work “to develop high-value strategic opportunities with media, technology, and content companies.” He’ll report to iHeartMedia president, COO and CFO Rich Bressler, who states, “Joe has played an invaluable role in helping iHeartMedia explore new digital and technology opportunities for both consumer-facing and internal initiatives. I’m delighted that Joe is expanding his role with us; his new leadership position will be instrumental in our continued success as a 21st century media company — one that is both relentlessly forward-looking on the technology front and focused on using iHeartMedia’s cross-platform assets in creative ways that help redefine the future of consumer media and entertainment.”
Sutton to Program KCMO, Kansas City. Talk radio pro Steve Sutton is appointed program director for Cumulus Media’s KCMO-AM, Kansas City. Sutton is an experienced broadcaster who’s worked at CBS RADIO, iHeartMedia, ABC, and Air America (where he was co-creator and VP of programming and operations). Cumulus SVP of programming Mike McVay says, “We’re very excited to have Steve join us in Kansas City. He’s a multi-formatted programmer with amazing life experiences. I can’t wait to hear how he sets news/talk radio on its ear.” Sutton comments, “A life of amazing experiences continues in Kansas City at KCMO. We all do this because it’s fun and fulfilling. And now, thanks to Lew Dickey, John Dickey, Mike McVay, and Mark Sullivan, I get to do it again. Donna Baker and I arrive within a week of each other. We both can’t wait to start drawing on the easel.”
WEEI, Boston Re-Ups with Michael Holley. Boston sports talkers WEEI announces that PM drive personality Michael Holley is “in it for the long haul with his veteran partner, Dale Arnold.” Holley just signed a new, multi-year contract that will keep the duo together in the 2:00 pm to 6:00 pm shift (along with recent addition Jerry Thornton). Holley comments, “I’m so grateful to be able to do a job that I love, in a region that I love, speaking and working with people that I love. There have been so many incredible stories in New England sports the past decade-plus, and I’m excited and humbled that I’ve been able to share in the journey on the radio. I look forward to many more great shows with Dale, Jerry and our producers Andy Massaua and Ben Kichen.”
WOLB, Baltimore Morning Host Larry Young Named TALKERS 2015 “Humanitarian of the Year.” Veteran radio talk show host and former Maryland State Senator Larry Young has been selected by the TALKERS magazine editorial board as this year’s recipient of the Sharon L. Harrison Memorial Award for Outstanding Community Service by a Radio Talk Show Host. The prestigious honor – also known as “Humanitarian of the Year” — will be presented to Young during the Awards Presentation at the forthcoming Talkers New York 2015. The presentation will be made by Carole Marks, CEO of Talk Media, Inc. WOLB, owned by Radio One, is an urban/talk-formatted station serving the Baltimore-area African American community. Young began his show and radio career on the station in 1998 hosting weekday mornings, 6:00 am to 10:00 am, after a turbulent and controversial career in Maryland state politics. Since then, he has accrued a number of honors celebrating his work in the community as a broadcaster including “Best Radio Station” by Baltimore City Paper in 2007, 2008 and again in 2009. He also has been the recipient of such awards as the 2007 Pinnacle Award presented by the American Development Consortium, the 2009 Ed Bradley Award presented by the Bethel African Methodist Episcopal Church, the 2011 Unsung Hero Award presented by the Grace Outreach fundraising committee and prestigious 2012 Whitney M. Young Jr. Award presented by the Greater Baltimore Urban League. Young, a longtime member of the TALKERS “Heavy Hundred” is held in extremely high regard not only within the community served by WOLB, but by his co-workers as well. WOLB general manager Howard Mazer tells TALKERS, “Larry Young is the kindest and most helpful person I know. The word NO is not in his vocabulary. When anyone in the community calls Larry, he will go out of his way to help them. It does not matter the time or the day.” TALKERS publisher Michael Harrison adds, “I have had the personal pleasure of spending time with the folks at WOLB at the station’s community functions where I have witnessed this man in action first-hand and I must say – the work of Larry Young and the relationship he has with his listeners and co-workers is absolutely inspiring – makes me proud to be in radio. And it is not a single day, promotion or activity that we are talking about. Every moment of his work on and off the air involves the concepts of service and connection. Larry Young and WOLB are the very essence of ‘community’ as it applies to radio.” Talkers New York 2015 – the talk media industry’s longest-running and most important national convention — takes place on Friday, June 12. As of today’s posting, it is 75% sold out. For complete agenda details and registration, sponsorship and hotel information, please click here.
Salem-Owned WIND, Chicago Debuts New Program Schedule; Dave Ramsey to Join the Station in June. The Chicago secular news/talk outlet WIND “AM 560 The Answer” announces its lineup changes that take effect on both Monday, March 30 and Monday, June 1 of this year. WIND has made official the addition of Dan Proft as permanent morning co-host, alongside Amy Jacobson, in which the duo will host the newly created, “Chicago’s Morning Answer,” from 5:00 am to 9:00 am. Station general manager Jeff Reisman comments, “Dan Proft is the perfect addition to our lineup. As the only talk radio station in Chicago dedicated to talking about politics, current events, and breaking news, Dan Proft provides the kind of analysis and insight that our audience has come to expect from us. ‘Chicago’s Morning Answer’ will be the go-to place in Chicago to get up to speed on what’s happening in the world each morning.” Salem Radio Network’s Mike Gallagher will be added to the station’s lineup airing live from 9:00 am to 11:00 am. Dennis Prager will follow from 11:00 am to 2:00 pm, replacing Dennis Miller. Then, on June 1, nationally syndicated superstar Dave Ramsey will begin airing in the 7:00 pm to 10:00 pm slot, immediately following the Joe Walsh program that will air from 5:00 pm to 7:00 pm. Finally, “This Morning with Gordon Deal,” (syndicated by Compass Media Networks) will debut on March 30 in the 4:00 am to 5:00 am slot.
Michael Harrison and Norm Pattiz Discuss a Wide Spectrum of Media Issues on PodcastOne. TALKERS publisher Michael Harrison and PodcastOne founder/CEO Norm Pattiz engage in an illuminating conversation about media and its impact on society in the third and latest installment of the podcast series, “Up Close and Far Out with Michael Harrison.” The two iconoclastic media figures draw upon their radio industry experience and 38-year friendship in tackling such issues as net neutrality; new advertising techniques; the impact of consolidation on radio; differences between radio and TV; the evolving state of journalism; the effect of fractionalization on the national consciousness, problems and changes in music radio and the burgeoning state of podcasting. To hear the podcast in its entirety, please click here.
KKOH, Reno APD Phil Parriott Dies in Auto Accident. Tragic news from the Cumulus Reno station group after news/talk KKOH, Reno assistant program director Phil Parriott died early on the morning of March 21 from injuries sustained in a car accident. Station staffers are saying Parriott was an extremely valuable member of their team who will be deeply missed by current and past co-workers who call him a friend. KKOH program director Dan Mason states, “We report tragedy in the news every day and can easily forget that real people are involved. We’re reminded of that as we mourn our friend and colleague today. Our thoughts and prayers are with Phil’s family during this difficult time.”
Greater Media Named ‘Best in Philly’ Again. For the fourth consecutive year, Greater Media’s radio properties have been named among the “Top Workplaces in Philadelphia” by Philly.com. Hundreds of companies take part in the survey, but only a select few companies are awarded top workplace. The Greater Media Philadelphia station group consists of rock WMMR; classic rock WMGK “102.9 MGK”; adult hits WBEN-FM “95.7 Ben FM”; and sports talk WPEN-FM “97.5 The Fanatic.” The evaluation for the “Top Workplaces” program was based entirely upon feedback from an employee survey conducted by Workplace Dynamics in the fall of 2014. Greater Media Philly VP and market manager John Fullam comments, “Great companies start with great employees. We are fortunate to have such an extraordinary team dedicated to serving Philadelphia, our listeners and advertising partners every day.”
2016 Presidential Prospects, U.S.-Iran Nuke Negotiations, Obama-Netanyahu Relationship, UVA Rape Investigation, Battle Against Militant Islam, Russian Military Aggression, and March Madness Among Top News/Talk Stories Yesterday (3/23). The potential candidates for president in 2016; the controversy over the negotiations between the West and Iran over its nuclear program; the strained relationship between Benjamin Netanyahu and President Obama and the recent Israeli elections; the police statement that it failed to find corroborating evidence in the Rolling Stone-reported UVA gang rape story; the militant Muslim organizations waging war in the Middle East and Africa; concern over Russia’s recent uptick in military maneuvers; and the weekend’s NCAA tourney action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
Nielsen to Present Radio ROI Study to Group Heads. Using phrases such as “they’ve finally cracked the code” and “radio’s ability to deliver sales lift of more than $6, for every dollar spent,” Clear Channel president and CFO Rich Bressler spoke during yesterday’s investor conference call glowingly about the recent Catalina Solutions group study that shows excellent return on investment for consumer packaged goods (CPG) advertisers using radio. He announced that on Monday (4/28), radio group heads will gather for a conference at CC’s New York offices to see a presentation by Nielsen’s Catalina Solutions group that Bressler also called “the first-ever, single source ROI study in the radio sector…Finally, we have the definitive proof of radio’s value.” If you remember, the study in which Nielsen worked with Clear Channel measured the sales impact for the specific media buys of 10 brands, each of which had different combinations of radio networks. Nielsen says that this group of 10 brands, which included eight CPG and two retailer brands, provided the foundation for the first normative database for radio effectiveness. Another key finding was that radio delivers a strong consumer sales response close to the time of purchase. The closer the exposure is to purchase, the higher the response. On another note, Bressler did not respond directly to the recent cuts in the sales departments at Clear Channel but made reference to them in describing the state of the company’s executive structure. “From an organizational standpoint, we create a new major market structure under which four of our senior operating executives are reporting directly to Bob Pittman and myself. This major markets operating group will collaborate directly with our local market management to oversee our operations in our largest and highest revenue generating markets from our core broadcast radio stations to our digital mobile and events business as well as a more expanded coordination with Clear Channel Outdoor.”
SiriusXM Q1 Revenue Up 11%. It was another good quarterly report for satcaster SiriusXM as CEO Jim Meyer reported that his company’s subscription total is up to 25.8 million – an increase during the quarter of 267,000. The all-important free cash flow figure was up 56% on $223 million. Meyer told analysts on Thursday, “Our solid subscriber growth, even faster revenue growth and high contribution margins have produced dramatic growth in adjusted EBTIDA and free cash flow — exactly what you would expect from SiriusXM’s highly scalable business model. We are the world leader in monetizing audio entertainment, and the way this monetization translates in cash flow is also unmatched. Our radios today are only in about 20% to 26% of the cars on the road today. So we believe the opportunity for long term growth remains significant.”
Post Piece Highlights Smerconish’s Drive to Capture Center. In a feature piece by Manuel Roig-Franzia in the Washington Post, media personality Michael Smerconish is profiled and his quest to find a political center that is hot to talk about the issues of the day is front-and-center. The story details Smerconish’s entrance into the media world, his syndicated radio career, his cable TV gigs and his decision to leave AM/FM radio for SiriusXM last year. In discussing this move and critics’ assertions that there is no centrist audience to be found in talk radio, he tells the Post, “I’m the referendum, aren’t I?…I’ve put my livelihood on the line to prove that you can.”
Indianapolis Welcomes Dave Ramsey. Talk radio superstar and best-selling author Dave Ramsey visited Indianapolis yesterday (4/24) as he presented his Legacy Journey LIVE! event at Traders Point Christian Church to a packed house. The event was promoted by Ramsey’s Indy affiliate WFDM “Freedom 95 Radio.” Pilgrim Communications VP and general manager Randy Tipmore says, “As usual when Dave Ramsey comes to Indianapolis, excitement and enthusiasm go up in the entire area as do station sales. Every time Dave comes to town we sell out in record time for record amounts. The Dave Ramsey show is the number-one selling tool we have at ‘Freedom 95.’ Dave Ramsey is pictured here (second from right) with members of the “Freedom 95 Radio” team.
‘ESPN Upstate’ Adds Local Evening Show. Sports media personality Mark Sturgis is tapped to host a live and local evening program on the Entercom-owned multi-cast serving northern South Carolina (the signals include WORD-AM, Spartanburg; WYRD-AM, Greenville; W246BU, Spartanburg on 97.1 FM and WFNC-HD3, Fayetteville, North Carolina). Sturgis moves from his two-hour show on Byrne Acquisition Group-owned sports talk WCCP-FM, Clemson to a 7:00 pm to 10:00 pm nightly show on “ESPN Upstate.” He follows the new “In The Huddle” show with Greg McKinney that airs in afternoon drive. Entercom VP and market manager Steve Sinicropi states, “Our sports coverage in terms of talent, teams and signal coverage continues to get stronger and stronger. ‘ESPN Upstate’ has become the most dominant sports network in the market. Mark has a great live and local show right now, he has a network of sports contacts and he brings a passion for sports, strong knowledge and tremendous energy to the fast-growing ‘EPSN Upstate’ audience. When you have a powerful brand like ESPN and the largest portfolio of radio stations in the Upstate to cross promote, it’s no wonder listeners and talent are coming to ‘ESPN Upstate.’”
Stephanie Miller’s ‘Sexy Liberal Comedy Tour’ Hits Chicago Tomorrow; Albuquerque and Minneapolis Next. Talk show host and comic Stephanie Miller’s comedy roadshow – the Sexy Liberal Comedy Tour lands in Chicago tomorrow and there are still a limited number of VIP tickets available for the event. The show – featuring Miller, John Fugelsang, Carlos Alazraqui, and Stephanie Miller show family members Chris Lavoie and voice deity Jim Ward – is also traveling to Albuquerque on May 10 and rolls into Minneapolis on June 7.
Premiere Networks President Julie Talbott Named Woman of the Year. The editorial board of TALKERS has named Premiere Networks president Julie Talbott as the 2014 recipient of the Judy Jarvis Memorial Award for Outstanding Contributions to the Talk Radio Industry by a Woman. The honor, also known as “Woman of the Year,” will be presented to Talbott by last year’s recipient, Heather Cohen, EVP of The Weiss Agency, at the forthcoming Talkers New York 2014 conference on Friday, June 20 as one of the highlights of an awards ceremony at which presentations will also be made for “Lifetime Achievement,” Humanitarian of the Year,” and Freedom of Speech (the recipients of which have yet to be announced). In addition to Cohen, past recipients of this prestigious award include Robin Bertolucci, Stephanie Miller, Laurie Cantillo, Grace Blazer, Kim Komando, Laura Ingraham, Randi Rhodes, Lynn Distler, Adriane Gaines, Ellen Ratner, Gloria Allred, Lisa Evers and its namesake Judy Jarvis, the late independent talk radio syndication pioneer for whom it was first presented posthumously. Upon announcing the board’s choice of Julie Talbott, TALKERS VP/executive editor Kevin Casey states, “We all look forward to the day that a special award to a female member of the talk radio community is no longer relevant or necessary – but if you look at the breakdown of the numbers of men versus women in the business, it is clear that we have not yet reached that day.” TALKERS publisher Michael Harrison adds, “We couldn’t be more delighted having the opportunity to honor Ms. Talbott for her achievements and contributions to not just talk but the entire spectrum of popular radio over the years. She is a bright, creative, dignified and extremely inspirational role model for young women looking to build a career in the radio broadcasting industry.” Julie Talbott started her career in advertising at BBDO, where she spent five years as supervisor of media planning and buying. Her love of radio took her to MJI Broadcasting, where she spent 19 years. As COO of MJI Broadcasting, Talbott was instrumental in growing the company from five people to more than 150. In 1999, Premiere Networks acquired MJI Broadcasting. At that time, Talbott joined Premiere as senior vice president of integrated marketing solutions, focusing on advertising sponsorships. In 2003, she was promoted to executive vice president, affiliate relations. In that role, she oversaw a staff that increased affiliations for programs hosted by Jim Rome, Glenn Beck, George Noory, Bob and Tom, Steve Harvey, Keith Sweat, Elvis Duran, Fox Sports Radio and others. In 2009, Talbott was named VP, content and affiliate relations for Premiere Networks and then promoted in September 2012 to extend that title to Clear Channel Media and Entertainment’s National Media Groups. In January of this year, she was promoted to president of Premiere Networks. In her current role, Talbott continues to oversee the operation of Premiere Networks radio programs and services and manages business partnerships with talent, while leading and maintaining key affiliate relationships to sell and service Premiere Networks, Total Traffic & Weather Network and iHeartRadio. A native of Kentucky, Talbott received her B.A. from the University of Kentucky and attended the Business Strategy Program at the Columbia University Graduate School of Business in 1996. Talbott lives with her husband and three children in New York. For information about registering for Talkers New York 2014 please call 413-565-5413.
TALKERS Weekly Affiliate Roundup. “Tom Gresham’s Gun Talk” is added to the program lineup at the following stations: KAOK, Lake Charles, Louisiana; KFIV, Modesto, California; KWSX, Stockton, California; WCHS, Charleston, West Virginia; and WBBA, Pittsfield, Illinois…..“Free Talk Live” with Ian Freeman and Mark Edge is picked up by new affiliates KQAM, Wichita; WBKV, West Bend, Wisconsin; WHIR, Danville, Kentucky; and WRMN, Elgin, Illinois…..“Into Tomorrow” with Dave Graveline’s weekly program is picked up by KNOX-AM/FM, Fargo.
Dean Cain Visits ABC News Radio. Actor Dean Cain goofs with ABC News Radio entertainment correspondent Joi Marie McKenzie during a visit to ABC News Radio studios to promote the new season of his VH1 series “Hit the Floor” that returns on May 26 at 9:00 pm ET.
Russian Aggression in Ukraine/U.S. Troops in Poland Top News/Talk Stories During Week of April 21-25. The turbulent political state in Ukraine, Russia’s aggression in the region and the arrival of U.S. troops in Poland were the most-talked-about stories on news/talk radio during the week, landing atop the Talkers TenTM. At #2 was the scrutiny of the rollout and effects of the Affordable Care Act. Following at #3 was the 2016 presidential race tied with Chelsea Clinton’s pregnancy and at #4 was the deadly attack on Americans at an Afghanistan hospital tied with drone strikes on suspected al Qaeda in Yemen. 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. It is published every Friday at Talkers.com. View this week’s entire chart here.