Tag: "SEC"
Wednesday, March 27, 2013
Bob Pittman to Take Over Chairman of the Board Role at Clear Channel. CC Media Holdings, Inc., in an SEC filing announcing the annual meeting of stockholders on May 17, moves to replace Mark Mays as chairman of the board with current board of directors member and company CEO Bob Pittman. The filing states, “We believe that having the chief executive officer also serve as our chairman of the board provides us with a clear leadership structure. As our chairman and chief executive officer, Mr. Pittman will continue to provide our board with insight into our operations and help facilitate the flow of information between management and the board. Subject to his re-election as a director, Mr. Mays will remain a member of our board and we will continue to benefit from his experience as our previous chief executive officer.”
Good Karma’s WKNR and CBS Radio’s WKRK Team Up to Grab Cleveland Browns Football from Clear Channel. The Cleveland Plain Dealer is reporting that Cleveland Browns football – for years heard on
Clear Channel’s rock WMMS and news/talk WTAM – will air on WKNR “ESPN Cleveland” and WKRK “92.3 The Fan” beginning this fall. Obviously, the unusual aspect of this is WKNR is owned by Craig Karmazin’s Good Karma and WKRK is CBS Radio’s sports outlet in Cleveland – both stations competing for the same listeners. According to the piece, games will also air on CBS’ classic rock WNCX. The Plain Dealer reports that
CC, CBS and Good Karma were all bidding for the rights when the latter two decided to work together. Here’s how it is supposed to happen in the fall: a Rob Chudzinski coach’s show will air (on which station it’s not yet known) and the “Cleveland Browns Daily Show” on WKNR will expand from one hour to two. Game days will see WKNR broadcast a four-hour pre-game show and WKRK will broadcast a two-hour post-game program. It is expected that the booth team of Jim Donovan and Doug Dieken will remain in place.
Entercom Ups Weezie Kramer to Station Group President. Weezie Kramer has been with Entercom as a regional president since 2005. Now, the company promotes her to station group president putting her in charge of all 121 Entercom radio stations. In this post she will supervise Entercom regional presidents Michael Doyle and Deborah Kane and chair the company’s operating committee. She’ll also continue to be in charge of a number of the company’s 23 markets and report directly to Entercom president and CEO David Field, who says, “For years we have operated with three wonderfully talented regional presidents, but the time has come to align our station group under a single operational leader to drive stronger organizational cohesiveness and effectiveness. In elevating Weezie to this role, we will enhance our coordination and clarity and drive faster decision-making. She will continue to work closely with Deborah Kane and Michael Doyle, providing an outstanding leadership team for our markets.”
Doug Stephan’s “Good Day Crowdfunding Show” to Put Entrepreneurs in Front of Giant Audience. Doug Stephan’s nationally syndicated morning radio program – now in its 25th year – is inviting entrepreneurs to the largest crowdfunding pitchfest ever. In a statement, Doug Stephan says, “‘The Good Day Crowdfunding Show’ brings the buzz of a broadcast radio reality series and pits crowdfunders in a contest judged by crowdsourcing industry thought leaders.
Entrepreneurs and businesses interested in raising capital, social lending and fundraising websites for their products, charity projects and creative ideas are invited to ‘pitch the experts’ on the first crowdfunding radio reality series.” Good Day Crowdfunding has launched its own pre-launch to build community where crowdfunders can engage at http://GoodDayCrowdfunding.com. Inside the community is a unique incubator project, Startup America Crowdfunding, where participants are guided from start to finish through successful money-raising campaigns. The release continues, “As part of the project, creators of the best ideas will get a shot on the ‘Good Day Crowdfunding Show,’ to pitch their idea to millions in a fast-paced reality format. The incentive is simple: The better the idea, the more promotion and airtime to over 3 million daily listeners across the US and online.” The addition of the crowdfunding segment to Stephan’s program comes as the program begins working with Mike Hayes, current host of “StartUp America News” and an expert in entrepreneurship. Hayes states, “This new reality based radio program is the ‘American Idol’ of crowdfunding. Our intention is to help boost the impact of crowdfunding on America’s economy by creating and supporting crowdfunding success stories across any available platform. We want to enable anyone, anywhere to follow, and fund their dream projects.” Others joining Good Day for this project include: PR expert Ronjini Mukopadhyay, who has been central to several highly successful crowdfunding campaigns including StickNFind; entrepreneur Danny Kastner, a contestant on ‘The Apprentice’ and developer of Crowdjammer, a crowdfunding community solution designed to drive campaign backers to any crowdfunding project; and social impact marketer Robin Eschler, host of “Socially Conscious Investing” online radio and a pro in social lending, impact investing and online marketing.
Dentists are Prime Prospects for Radio Advertising. Have you noticed when you visit your friendly family dentist lately that the office has likely evolved from projecting a serious “professional” environment to more “commercial” one with signs promoting elective cosmetic procedures (such as teeth whitening), electric toothbrush sales, awards programs for recruiting new patients and “like us on Facebook” display cards? The fact is, dentistry has changed over the years and today’s young crop of dentists find themselves in a business that requires far more media promotion than their cavity-filling forebears ever thought about (or would consider appropriate). In a helpful article posted today (3/27) noted radio consultant and TALKERS columnist Holland Cooke sinks his canines into a potentially lucrative sales lead category. Read it here.
Washington-Based Talker Joe Madison Exits WOL, Washington. Talk radio personality Joe Madison’s program has been based at SiriusXM for several years and the show was carried by Radio One’s WOL, Washington after the latter had served as Madison’s base for more than a decade. Now, Madison’s program is off WOL and solely available on SiriusXM’s “The Power” channel. Radio One doesn’t appear to have a permanent AM drive replacement for Madison yet as midday host Ron Thompson has been sitting in.
Birmingham Sports Media Personality Paul Finebaum Inks Book Deal. Former WJOX, Birmingham sports talk host Paul Finebaum has signed a deal with Harper Collins that, according to SBNation.com, will tell the story of his radio show and its effect on the SEC. Finebuam tells Al.com, “Primarily, it’s about the culture of the show and how the culture of the show interacts with the SEC. But it does quickly go through my career and how we got to this point. There will be commentary on why the SEC is better than everyone else. It will certainly talk about the dominance of not only Alabama, but the conference. The radio show will be woven in and out of the book, featuring little vignettes on the callers.” Harper Collins plans to officially announced the deal this week. Finebaum’s regionally syndicated radio show – now off the air after he left Cumulus Media’s WJOX and is sitting out a non-compete period – was also heard on SiriusXM. It is expected that once the non-compete period elapses in late April, Finebaum will cross the street and base his program from WZNN, Birmingham “ESPN 97.3 The Zone” which is in the process of being sold by Cox Media Group to SummitMedia.
BIA/Kelsey Sees Radio Station Online Growth Rising at Faster Pace. The media advisory firm reports that, according to its first 2013 Investing in Radio Market Report, “Radio industry over-the-air revenues inched slightly upwards in 2012, increasing to $14.3 billion, a 1.5% change
from the year before.” The company goes on to say that the “slight change is due in large part to the sluggish overall economy for 2012 and the increased competition radio faces in the local media market.” It notes “station revenue mix will continue to shift somewhat and income from online advertising is expected to rise at a rate of about 10.8% annually over the next five years versus 2.5% from over-the-air.” For 2013, BIA/Kelsey forecasts over-the-air radio revenues should see 2.3%, or $14.7 billion, again due to the slightly stronger economy. BIA/Kelsey forecasts radio’s online revenue growth will reach $818 million by 2017, while the industry’s combined total revenue will reach $17 billion by 2017. Vice president and chief economist Mark Fratrik states, “As the digital marketplace continues to rise in all sectors of advertising, radio is improving its listener engagement online and benefitting from the value of its web and mobile assets. Overall, the industry is still recognized as an important part of the media mix as it continues to meander around, rising slightly with the rate of inflation but not keeping up with the economy.”
Arbitron Names Monica Narvaez Hispanic Broadcaster Account Specialist. In a role newly created, Arbitron Inc. appoints Monica Narvaez Hispanic broadcaster account specialist. The company reports her duties will include: promoting the power of Spanish-language radio; generating solutions to help address Hispanic radio group needs; and developing programs for Spanish radio group training initiatives. Narvaez has been with Arbitron for 10 years. Prior to joining Arbitron she served with Nielsen as a web trainer, working with TV station research directors and sales executives using Scarborough Research.
Odds & Sods. Dial Global’s Dennis Miller interviews former Massachusetts Governor and former Republican presidential candidate Mitt Romney on his nationally syndicated show today (3/27)…..Legendary actor and CRN Digital Talk Radio personality Robert Conrad says he is doing fine despite rumors on the internet this week that he has passed away. Conrad, who hosts his own show on the network on Thursdays from 3:00 pm to 5:00 pm PT, says, “I’m feeling well and in good health so I’m very surprised to hear that I’ve passed away, I must’ve missed that memo.” The CRN studios received numerous calls from his listeners about the report…..Current.org reports that University of Alabama Birmingham-owned non-commercial WBHM, Birmingham news director Tanya Ott is moving to Georgia to take on the vice president/radio for Georgia Public Broadcasting.
The FCC Approves Move of WAXY-FM, Miami Signal. Lincoln Financial Media’s acquisition of CBS Radio’s former AC WEAT, West Palm Beach was executed with the intent of bringing the now-WAXY sports talk FM simulcast signal closer to the Miami market. After Clear Channel objected to the move, the FCC overruled that objection and LFM gets the okay to move the signal to its new city of license Miramar. The 104.3 signal has been simulcasting WAXY since LFM took control.
New Jersey Broadcasters Association Backs FM in Smart Phones. The New Jersey Broadcasters Association passed a resolution on Tuesday, March 26 at its board meeting in support of the Sprint FM Chip proposal, reaffirming the absolute need to enable all cell phones within the United States to include (and activate) FM receiver capabilities in smartphones and other consumer electronic devices. NJBA president Paul Rotella states, “This is a
matter of vital importance to inform and protect our citizens especially in times of natural disaster, severe weather or other emergencies that require the unequalled power of radio to reach the public.” The NJBA believes that because of the strength of broadcast and the power of the airwaves, local radio and TV stations are often the only available communications medium during disaster situations. Rotella continues, “New Jersey Broadcasters see the value of making radio receivers available and installed in all telecommunications devices owned and used by the public, foremost of those is the ‘smart phone’ and, therefore, the New Jersey Broadcasters Association supports the agreement with Sprint to produce and sell over 30 million smart phones in three years with fully functional FM radio receivers as part of their ‘smart Phones’ and service for same.”
SCOTUS Gay Marriage Arguments, Costs of ObamaCare, North Korea Threats, Euro Zone Jitters, Dow Continues to Soar, and Amanda Knox Re-Trial Among Top News/Talk Stories Yesterday (3/26). The debate over the legality of gay marriage as the Supreme Court hears arguments; the costs of the Affordable Care Act; North Korea’s military threats; uncertainty in the euro zone after the Cyprus affair; the still-soaring Dow; and the Italian court’s ruling to re-try Amanda Knox were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
Friday, June 1, 2012
Finebaum Case Far from Settled Says Cumulus. Contrary to the story published here earlier today (6/1), there is no settlement on the horizon for Birmingham-based sports talk host Paul Finebaum and Cumulus Media in their contract dispute. Cumulus COO John Dickey tells TALKERS the reported agreement that would end the lawsuits each side is filing against other and allow Finebaum to work out his contract at Cumulus’ sports talk WJOX-FM, Birmingham that ends in January of 2013 and then go to work at Cox Media’s crosstown sports WZNN-FM if he chooses are categorically untrue. “He will never work for Cox in Birmingham,” Dickey says. Jefferson County Circuit Judge Robert Vance had asked the two sides to resume negotiations to settle the contract dispute and report to the court by May 30.
Battle for Control of SiriusXM Heating Up. John Malone‘s Liberty Media is again filing a request with the FCC to give it “de facto” control of satellite broadcaster SiriusXM. The Commission denied its first attempt back on May 4 but Liberty has since acquired another 6-plus percent of the company’s stock, pushing its total above 46%. It’s petition for reconsideration with the FCC reportedly contains additional information to the Commission. In a filing with the SEC, SiriusXM states, “We’ve been engaged in discussions with Liberty Media to explore possible transactions with respect to its ownership interest in Sirius, although we have not reached agreement with respect to a specific transaction that would be mutually beneficial to both our common and preferred stockholders. There is no assurance that these discussions will result in any specific action or transaction. We do not expect to disclose developments with respect to these discussions.”
Scott Hennen Turns to Listeners for Funding for WZFG, Fargo. Talk show host and businessman Scott Hennen is exploring alternative sources for funding his purchase of The Flag 1100 (WZFG) in the Fargo market. The Forum of Fargo-Moorhead‘s Marino Eccher reports Hennen has created a program whereby fans become “founding fathers” and buy into one of four clubs – Faith, Family, Freedom, and Free Enterprise – for $1,000 (each club limited to 400 members). He’s seeking a total of 1,600 such “founders” to come up with $1.6 million. Hennen tells the paper he has traditional funding sources but decided to seek less traditional forms of funding after sensing his listeners “desire to be part of something bigger.” These fans will not be shareholders or part owners but instead will have input on the station’s weekend programming, behind-the-scenes updates and $1,000 advertising credit. Hennen tells Eccher Tea Party activist Mark Skogerboe will serve as director of the clubs and be an on-air contributor.
NEW MEDIA SEMINAR/NYC Sold Out but Agenda Keeps Growing. Thursday, June 7 is going to be a big day for talk radio in the Big Apple as some 400 professionals from all aspects of the business converge on the Concierge Conference Center on Manhattan’s East Side for a one-day conference containing the content mass of a two- or three-day convention. “Although we have reached capacity in terms of registration,” explains TALKERS VP/managing editor Kevin Casey, “doesn’t mean the agenda is not continuing to grow.” Casey continues, “This conference has all the aspects of an old fashioned ‘happening’ with a program lineup that is so outstanding, it is attracting a growing number of industry leaders wanting to contribute as speakers and panelists.” According to conference director Michael Harrison, “We attribute the positive response to this event not only its powerful and relevant agenda, but to the fact that it is so efficiently tuned to the times in terms of its affordable registration fee and compact time demands. With another one set for Los Angeles in October, this June 7 event has the convenience of a regional conference while delivering the bang of a major national convention.” Although space is limited for those who will participate in person, the content of this forthcoming NMS which will be video recorded from beginning to end will reach a far wider audience via TALKERS TV in the weeks and months following June 7. For information call 413-565-5413. To see the up-to-the-minute agenda, click here.
WEUS, Orlando to Be LMA’d with Intent to Purchase. Star Over Orlando‘s talk outlet WEUS, Orlando is entering into a deal with MultiCorp International to have the latter’s subsidiary – Rivalz Sports Group – operate the station as a sports talk outlet beginning on July 30 with the intent to buy the signal. MultiCorp intends to change the calls to WRSG and hopes to move the stations operations “within a restaurant facility” so diners can enjoy “a first-class restaurant/media experience.” The company states it hopes to expand this model to other markets.
Dr. Laura Launches Online Jewelry Business. SiriusXM talk show host and talk radio pioneer Dr. Laura Schlessinger unveils her “Dr. Laura Designs,” – an online boutique featuring her personally designed and handcrafted jewelry, glass and polymer clay art. The site offers ready-made items or people can commission custom made pieces. Dr. Laura initially began selling jewelry to assist the “Operation Family Fund,” a non-profit organization that provides financial assistance to families of those who are injured or killed while fighting the war on terrorism, and raised more than $1.5 million. Dr. Laura has had a passion for jewelry – making it and glass art that started when, during a particularly difficult time for her family, her then-little son suggested that a new hobby would be helpful. She states, “I never thought I had one ounce of artistic ability, and couldn’t think of what I could do.” After a listener suggested she visit a local bead fest, she says, “I walked by a table filled with Tibetan ornaments and my brain just exploded with creative images. I bought books on jewelry-making and purchased tools, wire, beads and stones and got started.” Dr. Laura’s program currently airs from 2:00 pm to 5:00 pm ET on the Sirius Stars channel.
Dave Ramsey to Lead NAB-RAB Radio Show Super Session. Nationally syndicated talk radio superstar Dave Ramsey will lead a Super Session at the September 19-21 Radio Show in Dallas being produced jointly by the NAB and RAB. The panel, titled “Succeeding in This Economic Environment,” taking place on Thursday, September 20 at 9:30 am and, as its title implies, will focus on steps radio station operators can take to achieve success in these tough economic times.
Odds ‘n’ Sods. The Society for Professional Journalism and the Radio Television Digital News Association announce registration is open for their September Excellence in Journalism Conference taking place the 20th through the 22nd in Ft. Lauderdale, Florida. The conference offers more than 50 professional development sessions…..Former college football coach Rick Neuheisel (UCLA, Washington and Colorado) joins SiriusXM‘s College Sports Nation channel where he’ll appear on the “College Football Playbook” show and co-host the daily “College Sports Today” show with Mark Packer…..Clear Channel Media and Entertainment‘s WFLA, Tampa begins simulcasting on an FM translator at 105.9 licensed to West Tampa…..Las Vegas-based nationally syndicated talk show host Dr. Daliah Wachs has a small role in an upcoming Showtime reality program. She tells TALKERS, “It’s a one-time small part on a Showtime reality show but it’s a start!” Wachs says it’s super secret and she can’t even tell us the name of the show, yet.
Stormy Times at Fairfax Media. American media companies are not the only ones dealing with difficult financial situations. TALKERS Australia bureau chief Trevor Smith reports on one of Australia’s major talkback radio-formatted operators – Fairfax Media – as it deals with corporate power struggles and underperforming revenue. Read Smith’s entire piece here.
Rusty Among the Politichicks. That’s Talk Radio Network nationally syndicated talk show host Rusty Humphries on the set of the internet TV show “Politichicks.” Humphries appeared with co-hosts Dr. Gina Loudon, Ann-Marie Murrell, Sonnie Johnson, Morgan Brittany on the recent episode titled, “The Fairness Doctrine: There’s Nothing Fair,” to discuss the “current environment of talk radio as well as why conservative talk radio has become a focus of attack by the mainstream media and liberal politicians. At the end of the segment, Rusty was formally honored with the title, “PolitiStud.” It’s obvious to see why.
2012 Presidential Race Top News/Talk Story for Week of May 28 – June 1. The 2012 presidential contest was #1 on the Talkers TenTM chart of the week’s most-talked-about stories on news/talk radio for the ninth week in a row. At #2 this week was the Syria massacre aftermath. Following at #3 was Iran’s nuclear ambitions and at #4 was the Euro zone crisis and the global financial markets’ activities. The Talkers TenTM is based on ongoing research from Talkers magazine and consists of the top stories and people discussed on America’s news/talk radio stations during the week. View this week’s entire chart here.
Crue Visits the Cannons. Motley Crue bassist and host of the Premiere Networks-syndicated “Sixx Sense” radio program, Nikki Sixx (r), is pictured here with Fox Sports Radio‘s “Loose Cannons” co-host Pat O’Brien (l). Fox Sports Radio and Los Angeles Dodgers flagship AM 570 Fox Sports LA (KLAC) invited Sixx to throw out the first pitch at a recent Dodgers game. Prior to the first pitch and Sixx’s appearance on the “Loose Cannons” nationally syndicated program, Fox Sports Radio offered listeners the chance to win travel accommodations and tickets to a stop on this summer’s Motley Crue/KISS tour.







































































