Tag: "securities for sale"

Wednesday, June 27, 2018

| June 27, 2018

Marske Named PD at WOC, Quad Cities.  Moline native Kirk Marske is named program director for iHeartMedia’s Quad Cities news/talk WOC.  Marske has served with the cluster for 17 years, producing programs on WOC, classic rock WCQQ “Q106.5” and CHR KUUL “101.3 Kiss FM.” In this position, Marske will program WOC and be part of the “AM Quad Cities” morning show hosted by Dave Levora with contributions from Dan Deibert.  Marske takes over for Dan Kennedy, who retired from the station in May after 20 years there.  iHeartMedia SVP of programming Jim O’Hara says, “Kirk is just the guy to program WOC.  Born and raised in Moline – and with more local connections than anyone – he has a real passion for news/talk radio.”

Beasley Media Group Files with SEC Announcing Sale of Up to $250 million in Stock. In an S-3 filing with the Securities Exchange Commission, Beasley Media Group announces its intent to offer securities for sale on the Nasdaq Global Market using a “shelf” registration process that allows the company to “sell securities from time to time and in one or more offerings up to a total dollar amount of $250,000,000 …”  This is Class A common stock has one vote per share.  Class B common stock is owned only by the Beasley family and enjoys 10 votes per share.  What would Beasley use the influx of cash for?  Acquisition of more radio stations is the popular bet.  Although iHeartMedia – currently in Chapter 11 reorganization – has said it’s not in sale mode, the company has been willing to deal in recent years.  And then there’s the Scripps stations currently on the block.  Stay tuned.

Doug Hall Named Digitial PD for iHM San Francisco. There are just two spoken-word stations in iHeartMedia’s San Francisco cluster – progressive talker KKSF “Real Talk 910AM” and KNEW-AM “Bloomberg Radio” – but the company says that its San Francisco cluster has “been an innovator in podcast content creation, generating 30 podcasts locally with nearly 100 episodes each week published.” It will be part of new digital program director Doug Hall’s charge as he moves from iHeartMedia Miami to the Bay Area for his gig. iHeartMedia San Francisco SVP of programming Don Parker says, “After an extensive search inside and outside of the industry, Doug stood out as the clear choice to lead our digital and social efforts in the Bay Area.  With Doug’s knowledge of our goals and priorities along with his sense of urgency and enthusiasm, I’m confident he will grow iHeartMedia San Francisco.”  Hall takes over for Matty Staudt, who was recently elevated to vice president of podcast programming at iHeartMedia.

TALKERS Continues Posting Videos Today of the Recent TALKERS 2018: Full Speed Ahead! Convention – Today’s Post:  Fireside Chat Between Michael Harrison and Brian Kilmeade.  Today (6/27) TALKERS magazine continues posting individual events from the recent TALKERS 2018: Full Speed Ahead! convention held in New York City on June 8.  Each day, another session will be posted in the order that they originally took place.  Today’s third installment features the Fireside Chat between TALKERS publisher Michael Harrison and FOX News Radio/FOX News Channel mega-star Brian Kilmeade with an introduction by Westwood One syndicated host Walter Sterling and special remarks by Sean Hannity.  Yesterday’s post presents opening remarks by the convention’s co-emcees, TalkersRadio GM, David Bernstein and Good Day Networks/DJV Show CEO/host, Doug Stephan.  In addition, KGO, San Francisco host, Ethan Bearman delivers the event’s welcoming remarks and Pioneer Valley Radio GM/host, Brad Shepard introduces Bearman.   Already posted this week: the presentation of the Gene Burns Memorial Award for Freedom of Speech (“Freedom of Speech Award”) by TALKERS managing editor Mike Kinosian to SiriusXM Satellite Radio host, book publisher, Hunter College professor, and former New York Daily News/Pulitzer prize-winning journalist, Karen Hunter.  To view the page, please click here.

Going for the Gold.  The fourth annual fundraising dinner for the Bold Gold Broadcast and Media Foundation took place last night (6/27) at Mohegan Sun Pocono in Wilkes-Barre, Pennsylvania.  The sold-out event featured FOX News Radio/FOX News Channel personality and best-selling author Brian Kilmeade as keynote speaker, with TALKERS founder Michael Harrison warming up the crowd with special remarks.  Kilmeade delivered an inspirational speech discussing the ups and downs of his career as well as a number of others making the point that facing the challenges that life throws at you head on while remaining humble and grateful is one of the keys to achieving and maintaining success.  Harrison discussed the importance of education in preparing future generations of broadcasters to live up to the responsibility of preserving the First Amendment and the vibrant free marketplace of ideas in the rapidly evolving digital era.  The Bold Gold Broadcast and Media Foundation is a dynamic non-profit working to raise funds to support the education of young broadcasters.  It has been instrumental in helping develop the outstanding program offered at Hillsdale College in Hillsdale, Michigan, including the building of the school’s award-winning radio station WRFH.  Pictured at the event (l-r):  Harrison, Kilmeade and Bold Gold Broadcast and Media Foundation president Vince Benedetto.  Benedetto is also the CEO of the Bold Gold Media Group, with a growing roster of news/talk, sports talk and music radio stations in Northeast Pennsylvania and Upstate New York.

Report: Colin Cowherd Renews Deal with iHeartMedia and FOX Sports. According to Andrew Marchand’s column in the New York Post, sports media personality Colin Cowherd has inked a renewal deal with iHeartMedia and FOX Sports that will pay him in the neighborhood of $6 million per year. Marchand’s piece reports that Cowherd’s three-hour radio show will continue (and remain simulcast on TVs’ FOX Sports 1), but he will exit the “Speak for Yourself” television program co-hosted by Jason Whitlock. Cowherd is expected to continue hosting the “FOX NFL Kickoff” TV show that returns in September.

iHeartMedia and Anna Faris Strike Deal for Expansion of ‘Unqualified’ Programming. Actress and podcaster Anna Faris – who produces her “Anna Faris Is Unqualified” podcast via her Unqualified Media production company – is partnering with iHeartMedia to bring her show to CHR broadcast radio and the iHeartRadio Podcast Network.  “Unqualified” features interviews with celebrities and cultural figures who tackle a variety of topics such as dating and relationships, in addition to taking phone calls from listeners seeking relationship advice.  Faris created the podcast with her longtime friend and co-host Sim Sarna, who produces the show and runs the production company.  The deal will have Unqualified Media produce a long-form “Anna Faris Is Unqualified” radio program that will air weekends across CHR broadcast radio stations nationwide.  In addition, iHeartMedia will create short-form content that will air weekdays promoting “Anna Faris Is Unqualified” nationwide.

TALKERS News Notes. On Monday, news/talk WGOW-FM, Chattanooga released a statement regarding the status of morning drive personality Jeff Styles, who was arrested on June 15 after a road rage incident left Styles with a gunshot wound to the arm and the other party with damage to his car left by Styles’ weapon – a military-grade tomahawk.   Cumulus Media has placed Styles on paid leave while the incident is investigated. Meanwhile the station says, “Gary Mac has filled in for Styles in the past and did so last week and he will continue to do so.  He has other obligations, however, for the next two weeks and afternoon host Brian Joyce will be hosting ‘The Morning Press’ along with Jim Reynolds.”…..Talk show host Tom Donahue is returning to the radio airwaves on July 1 as he launches a weekly, Sunday evening program available via Talk Stream Live and distributed to radio stations by Salem Radio Network.  The program will air live at 11:00 pm ET. Donahue says, “I am thrilled to have this broadcast opportunity that has eluded me for some time.  I will independently syndicate my show distributed by SRN and TSL, thus allowing me to reach a broader audience with satellite access and delivery to so many radio stations and markets. To be an impactful player in talk radio, your game plan must include broadcast stations. In recent years, my program has been confined mostly to online streaming, digital, and podcasting platforms, with the exception of a few independent stations.  I plan to make the most of my airtime each week!  I will be open to show expansion based on demand.”…..Boston morning show duo Fred Toucher and Rich Shertenlieb, a.k.a. “Toucher & Rich,” were honored by readers of Boston Magazine with the “Radio Personalities of the Year” award in the 2018 Best of Boston poll.  Toucher & Rich anchor mornings on Beasley Media Group’s WBZ-FM “98.5 The Sports Hub.”  Beasley EVP of programming Justin Chase comments, “We are so proud to have Toucher & Rich on our team in Boston.  They are so amazing at all of the things that we truly value at Beasley – community and top quality local content.  I’m thrilled that Boston Magazine recognized them!”…..Two sale closings to report that involve Salem Media Group.  First, the International Church of the Grace of God closes on the $1.73 million acquisition of WBIX, Boston from Salem. Since Salem bought the signal in 2015 it had been airing its syndicated conservative talk programming on the station with not a lot of success.  Second, Salem closes on its purchase of KDXE-FM, Cammack Village, Arkansas from Flinn Broadcasting for $1.1 million.  The station serves the Little Rock market and Salem airs much of its Salem Radio Network conservative talk programming on the station branded “101.1 FM The Answer.”…..Cumulus Media appoints radio management pro Chuck Poet vice president and market manager for its Erie, Pennsylvania cluster that includes four music outlets and sports talk WRIE-AM/W242CU.

Illegal Immigration Policy, SCOTUS Travel Ban Ruling, Harassment of Administration Officials, Tuesday Primaries, Germany’s Migrant Issues, Tariffs-Trade War Concerns, and MLB Action Among Top News/Talk Stories Yesterday (6/26).  The U.S.’s policies in enforcing immigration laws; the Supreme Court upholds President Trump’s ban on travel to the U.S. from predominantly Muslim countries; the aftermath of U.S. Rep. Maxine Waters’ call to harass administration officials when they appear in public; Tuesday’s primary races and the ouster of New York Democrat Joe Crowley at the hands of Democratic Socialist Alexandria Ocasio-Cortez; Germany’s Angela Merkel deals with political pressure to reverse policy welcoming migrants; the Trump tariffs and concerns about a trade war; and Major League Baseball action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

 

 

JAM Media Buys Outer Banks, NC and Iowa Radio Clusters.  Originally founded as a media planning and buying agency, JAM Media Solutions, LLC is entering the radio station ownership business with the acquisition of two clusters of stations – one in North Carolina’s Outer Banks and one in Muscatine, Iowa.  JAM has entered into an agreement to acquire Max Radio’s four music-formatted radio stations in the Outer Banks region, as well as the company’s interest in North Carolina E Paper, LLC, publisher of The Outer Banks Voice.  The radio stations are: country WCMS-FM, hot AC WCXL-FM, triple A WVOD-FM, and classic rock WZPR-FM.  The price tag for those properties is $1.85 million.  In Muscatine, Iowa, JAM enters into an agreement to buy Prairie Communications’ classic rock KMCS-FM and farm news KWPC-AM/K236CF, plus newspaper The Voice of Muscatine for $965,000.  JAM Media Solutions president and CEO Jonathan. A. Mason Sr. says “Having worked in radio since 1995, let me state for the record that I believe in the power of local radio.  Our goal is to unite local on-air personalities, local salespeople, and local advertisers together in an effort to deliver a first-rate experience for our local listeners.  JAM Media Solutions will also be very committed to the local communities in which we exist.  A portion of our income will be donated to non-profits dedicated to making a difference in the lives of the people our stations touch.  We are thankful for this opportunity and look forward to making the concerns of the listeners our top priority.”

More Music Radio News and Career Moves. Air staff tweaks at Entercom Las Vegas include the addition of Audrey Lee to CHR KLUC as midday personality, effective July 2.  Also, music director and on-air host Yung Jon Que will host KLUC’s afternoon drive from 2:00 pm to 6:00 pm, effective immediately.  This role is in addition to his current position as assistant program director and music director for KLUC-HD2.  Finally, Hector ‘DJ CO1’ Minjarez has been elevated to the role of APD at sister urban contemporary KXQQ “Q100.5” in addition to his role as evening personality.  Lee was most recently with iHeartMedia’s Lexington, Kentucky cluster…..The North American syndicated rock radio show and website “IN THE STUDIO with Redbeard: The Stories Behind History’s Greatest Rock Bands” celebrates its 30th year of national radio syndication.  “IN THE STUDIO” first launched the broadcast week of June 27, 1988 with rock legends Crosby, Stills & Nash as inaugural guests and program host Redbeard.  He says, “When original ‘IN THE STUDIO’ executive producer Stephen R. Smith conceived 30 years ago of bringing the superstars of rock to radio every single week through one-on-one interviews about the stars’ most popular music, he was keenly aware that the rock audience had matured.  Now, the audience wanted an intimate, direct relationship with the musicians who actually created the soundtrack to their lives, lifting the curtain on the ‘wizards of rock.’  Over that time, the innate desire of the fans to get closer to the flame of inspiration has only intensified.”  The hourlong, weekly show is heard on 35 affiliate stations nationwide.