Tag: "Shosh Abromovich"

Tuesday, January 14, 2020

| January 14, 2020

iHeartMedia’s New Markets Group Structure. The company says that the changes are being enacted as it modernizes “to take advantage of the significant investments it has made in technology and artificial intelligence (AI) and its unique scale and leadership position in the audio marketplace.”  iHeartMedia adds that it has “made significant technology investments to change everything from how it sells advertising to how it utilizes data and builds new businesses like its digital platform, podcast platform, and robust data platform.”  iHeartMedia explains it is now grouping “its markets by common needs and characteristics into three distinctly different divisions to make sharing of resources and experiences easier and more targeted.”  Greg Ashlock will continue to serve as president of the iHeartMedia Markets Group.  Now, the group breaks down as follows: The Region Division comprises the company’s largest markets, like New York and Los Angeles, that each reach hundreds of cities, communities, and trading areas for local businesses.  It will be led by division presidents Kevin LeGrett and Scott Hopeck; The Metro Division houses markets that are large areas that still encompass multiple communities – but are not regional hubs like the company’s largest markets.  The Metro Division will be led by division presidents Tom McConnell, Tony Coles, and Linda Byrd; The Community Division includes markets that focus on the shared needs of one community and one trading area for most businesses and advertisers and will also group markets into areas which are geographically close and culturally similar.  The Community Division will be led by division presidents Shosh Abromovich, Nick Gnau, and Dan Lankford.  iHeartMedia also says it will use “its new technology- and AI-enabled Centers of Excellence – which consolidate functional areas of expertise in specific locations to deliver the highest quality products and services – for every market, enabling each to take advantage of the company’s scale and shared resources across programming, marketing, digital, podcasts, sales and sales support to provide a better experience for listeners and business partners and a more efficient process for all of its employees.”  Additionally, the company is creating a new division “that cuts across all markets – the very successful Multi-Market Partnerships (MMP) Division headed by Julie Donohue, who is elevated to president of MMP with responsibility for this business.”  As part of these moves, the company’s Integrated Revenue Strategies group, led by president Hartley Adkins, will be merged into the iHeartMedia Markets Group and Adkins will become chief operating officer of the Markets Group working closely with Greg Ashlock.

Newsmax TV Launches ‘Greg Kelly Reports’ in Evenings. Former U.S. Marine and television news broadcaster Greg Kelly joins Newsmax TV as the network debuts his “Greg Kelly Reports” program at 7:00 pm ET.  After leaving the Marines, Kelly became morning news anchor at WIVT-TV, Binghamton, New York.  He worked for several years at FOX News before spending almost 10 years as co-host of “Good Day New York” on WNYW-TV “FOX 5.”  Newsmax TV EVP of programming Elliot Jacobson says, “Greg Kelly comes with compelling new skill sets to our network.  His military experience and his years as a frontline TV journalist differentiate him from prime-time hosts on other channels and allow him to examine the day’s news from a unique and insightful perspective.”  Kelly – the son of former New York City Police Commissioner Ray Kelly – says, “I am very curious.  I find that many people in the media have lost their curiosity.  They just want to let you know what they know.  I like to take a different approach.”  The “Greg Kelly Reports” show debuts tonight (1/14).

Entercom’s Buffalo Market Manager and Sales Administrative Manager Exit. The Buffalo News has the story of the sudden departure of longtime Entercom Buffalo market manager Greg Reid and sales administrative manager Lynn Hooper.  The paper reports the two were fired suddenly – Reid was reportedly called while on vacation and let go – and wonders if their dismissal is related to the company’s admission that it inadvertently failed to post required political advertising information on its website in a timely manner, prompting the FCC to broaden its look into the company’s public file practices.  However, Entercom has been reducing expenses at local clusters for several months via downsizing and it’s possible Reid and Hooper were simply victims of budget cuts.  The News reports that general sales manager Tim Holly is serving as interim market manager.

Report: WGN-AM Cuts Ties with Crain’s Chicago Business. Windy City media reporter Robert Feder has the story here.  He writes that Nexstar’s WGN-AM, Chicago “abruptly severed its longstanding partnership” with Crain’s Chicago Business after the publication wrote a speculative piece about Nexstar prepping the radio station for a sale.  Nexstar acquired WGN-AM along with Tribune’s television stations and it is its only radio property.  Crain’s reporters made regular appearances on WGN shows and WGN’s website hosted the “Crain’s Daily Gist” podcast.  That has been removed.

TALKERS News Notes. Ratings and research giant Nielsen Holdings plc announces the hiring of two executives as it moves to separate into two publicly traded companies.  David Rawlinson is named chief executive officer of the consumer behavior analysis division Global Connect.  He was most recently president of global online business at Grainger.  Also, Linda Zukauckas is named the chief financial officer for Nielsen.  Both appointments become official on February 3…..Four of Alpha Media’s Chicagoland stations are expected to move into new digs at the Gurnee Mills mall in the far northern suburbs in February.  News/talk WLIP-AM, Kenosha and rock WIIL, Union Grove in Wisconsin and Spanish sports WKRS and hot AC WXLC in Waukegan, Illinois are moving as part of a deal to bring foot traffic to the mall.  The village of Gurnee is paying Alpha $200,000 to assist in the transition and the radio stations will host 32 events at the mall each year and provide $129,000 per year in radio ad time to the mall…..QUU – a company specializing in RDS/HD in-car stereo display technology – names Steve Newberry chief executive officer, effective April 1.  Newberry has been serving as EVP for industry affairs and strategic planning at the National Association of BroadcastersBeasley Media Group is among QUU’s investors.

Impeachment/Russians Hack Ukrainian Gas Co, 2020 Presidential Race, Iran Tensions, Pensacola Base Shooting Ruled Terror Attack, Megxit, and NFL Playoffs/College Football Championship Among Top News/Talk Stories Yesterday (1/13). The articles of impeachment against President Trump and the allegation Russia hacked the Ukrainian gas company central to the impeachment issue; the rift between Bernie Sanders and Elizabeth Warren and tonight’s debate in Des Moines; the domestic tensions in Iran and the White House’s rationale for killing Iranian general Qassem Soleimani; Attorney General William Barr rules the Pensacola naval base shooting was an act of terrorism and seeks Apple’s helping opening the assailant’s phones; the Sussex’s meeting with Queen Elizabeth over their stepping away from royal life; and the weekend’s NFL games and last night’s College Football Championship were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. The Westwood One nationally syndicated “Rick and Sasha Show” adds programmer and production pro “Smokin” Tony Richards to the team of the urban AC morning show now heard on more than 25 stations.  Richards has worked as a drive time personality and programmer in markets including New York, Houston, Philadelphia, DC, and Chicago.  He says, “This show is going to the moon, and I want to be a part of it.  Rick and Sasha are two people who I feel are the future of radio.  I am here unselfishly to help the team make it happen.”…..In Dallas, Entercom’s alternative KVIL “ALT 103.7” names Ian Camfield afternoon drive personality.  Camfield was most recently midday personality at Hubbard Radio’s alternative KDKB, Phoenix “ALT AZ 93.3.”  As a result of Camfield’s arrival, Mark moves from afternoons to AM drive.

Thursday, May 9, 2019

| May 9, 2019

Emmis Revenue Down 4% in Fiscal Q4.  Radio revenue in the fourth fiscal quarter of 2018 for Emmis Communications was $22.2 million, down 4% pro forma for the sale of its Los Angeles and St. Louis radio stations.  For the full fiscal year of 2018, pro forma revenue was $108 million, down 2% in markets that were down 1%, according to Miller Kaplan data.  Emmis CEO Jeff Smulyan says, “While the fourth quarter didn’t finish as strongly as we would have liked, we are seeing significant strength as we commence the new fiscal year.  Emmis’ first fiscal quarter is pacing up 5%, and ticket and sponsorship sales for Hot 97’s Summer Jam, Emmis’ largest event which occurs in June, are pacing well ahead of last year.  Our renewed focus on digital is bearing immediate fruit, with Q1 digital revenues pacing up 50%.  Ratings remain strong across all our brands and I’m confident that our ratings success will allow us to sustain this growth.  With the scaling down of NextRadio that occurred last year, coupled with the company’s recent refinancing, Emmis has one of the best balance sheets in the radio industry, which has been enhanced by our strong operational start to this fiscal year.”  In the report, Emmis noted that it completed a refinancing of its credit facility on April 12.  The refinancing lowered the company’s cost of capital from 10.5% to 5.8%.

Urban One Q1 Broadcast and Digital Net Revenue Up 6.1%. First quarter financial data from Urban One, Inc. shows the company as a whole posted net revenue of approximately $98.4 million, a decrease of 1.2% from the same period in 2018.  However, the broadcast and digital sector’s operating income was approximately $34.5 million, an increase of 6.1% over Q1 in 2018. Operating income during 2019’s first quarter was approximately $16.1 million compared to approximately $7.3 million for the same period in 2018.  Net loss was approximately $6.7 compared to net loss of approximately $22.6 million for the same period in 2018.  Urban One CEO and president Alfred C. Liggins, III comments, “While our radio division finished the quarter a little softer than expected, the Q2 pacings show a strong rebound, with April up mid-teens and Q2 overall pacing up high single-digits.  TV One advertising revenues performed nicely, with ratings remaining relatively stable, and subscriber churn was largely offset by contractual rate increases. Our digital segment was impacted by the timing of a tent-pole event, which caused some revenue to spill over into Q2, however the reorganization of expenses that occurred at the end of 2018 meant that the division delivered a much-improved EBITDA performance. Our investment in MGM National Harbor continues to perform well, with first quarter net gaming revenues up by 5.6% year-over-year. We remain focused on deleveraging, and during the first quarter we reduced indebtedness by $21.8 million.”

Beasley Ups Heidi Raphael to Chief Communications Officer. Corporate communications pro Heidi Raphael is promoted to chief communications officer at Beasley Media Group.  Raphael had been VP of corporate communications. She joined Beasley in 2017, coming over from Greater Media – where she’d been for two decades – after Beasley acquired its assets.  Beasley CEO Caroline Beasley says, “Heidi has proven time and time again that she is most deserving of being promoted to the position of chief communications officer. While she’s only been at our company for two years, she’s accomplished more than others would in five!  We are so very proud and lucky to have her in our Beasley Media Group family.”  Raphael currently serves on the boards of the Library of American Broadcasting Foundation, the Broadcast Education Association and the Florida Association of Broadcasters.  In addition, she is a member of the Mentoring and Inspiring Women in Radio Group executive committee.

Chelsey Waddell Named Director of Marketing for iHeartMedia Raleigh. Marketing pro Chelsey Waddell is appointed director of marketing and promotions at iHeartMedia’s Raleigh station group that includes WTKK-FM “106.1 FM Talk” and four music-formatted stations.  Waddell previously served in marketing and promotions positions with Radio One in St. Louis and Cumulus Media in Melbourne, Florida.  In this position she’ll work closely with the promotions, events, sales, and programming teams in developing and executing marketing for the Raleigh market’s iconic brands and franchises and will be responsible for developing and creating marketing strategies to increase brand awareness, enhance business relationships, and will assist with increasing revenue growth for the market. She says, “I’m excited to join the iHeartMedia market-leading team in Raleigh.  I’m looking forward to growing brand engagement among our audiences while driving continued revenue for the stations.”

Shosh Abromovich to Lead iHeartMedia Toledo. Radio sales pro Shosh Abromovich is promoted from SVP of sales for iHeartMedia’s Toledo operations to market president.  iHeartMedia region president Paul Corvino says, “Shosh has done an excellent job at leading our sales teams in the Toledo market.  She truly understands the value of iHeart’s full spectrum of services and unmatched assets, including radio, podcast, digital streaming, social media and mobile as well as OTT in relation to creating effective branding and results-driven marketing programs.”  The Toledo cluster includes news/talk WSPD-AM/W225AM and sports talk WCWA-AM “FOX Sports Toledo” in addition to five music brands.

TALKERS News Notes. The nationally syndicated Chad Benson show announces it adds a number of affiliate stations to its roster.  Recently adding the Radio America-syndicated show to their program schedules are: Hubbard Radio’s WFTL-AM, West Palm Beach and KSLM-AM/FM, Portland and Townsquare Media’s KKAM-AM, Lubbock, Texas; KTPI-AM/FM, Lancaster, California; and WNWF-AM, Evergreen, Alabama…..SiriusXM is presenting comprehensive play-by-play and talk coverage of the PGA Championship taking place next week at Bethpage Black Course on Long Island. Live hole-by-hole coverage, which SiriusXM will co-produce with Westwood One, will air starting at 12:00 pm ET all four days of Championship play. The broadcast will be hosted by Brian Katrek and Taylor Zarzour who will handle the play-by-play.

The Mueller Report/Trump’s Executive Privilege, NYTimes Trump Piece, 2020 Presidential Politics, U.S.-China Trade War, Facebook Bans; Gaza-Israel Violence, and the Royal Baby Among Top News/Talk Stories Yesterday (5/8).  The claim by President Trump that the release of the unredacted Mueller Report is up to him; the New York Times piece on Trump’s business losses from 1985 to 1994; the Democrats vying to challenge Trump in 2020; the trade war between the U.S. and China and the reactions of the world’s financial markets; Facebook’s ban of “dangerous individuals and organizations”; the violence between Gaza and Israel; and the birth of the royal baby were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Music Radio News and Career Moves. Radio programming pro Dustin Kross joins Radio One to serve as CHR format director in charge of the company’s WNOW-FM, Indianapolis “RadioNOW 100.9” and KROI-FM, Houston “RadioNOW 92.1.”  Kross comes to Radio One from his most recent position as program director and morning host for Cumulus Media’s CHR KLIF-FM, Dallas “HOT 93.3.”  Radio One vice president of programming Colby Tyner says, “We are excited to be working with Dustin, his expertise and passion for the top 40 format is just what we need in Houston and Indy.”…..The WHQC, Charlotte-based, regionally syndicated “Ace & TJ Show” announces it has officially named Laura Vinson, a.k.a. Intern Sass, a permanent member of The Ace & TJ Show.  She began her career with The Ace & TJ Show as an intern in January 2018.  Vinson says, “I’m excited and honored to be the newest member of ‘The Ace and TJ Show.’  I’m thankful for the overwhelming amount of support.  I can’t wait to bring more sass and continue this journey with our radio family.”…..United Stations Radio Networks is distributing “The Summer of 1969,” produced and hosted by Dick Bartley, in honor of the 50th anniversary of the summer of 1969.   The radio special will be available for air this summer and is perfect for classic hits/oldies-formatted stations.  Music in the special will include many of the biggest songs of that summer, including major hits from The Beatles, The Rolling Stones, Stevie Wonder, Creedence Clearwater RevivalBlood, Sweat and Tears, and Crosby, Stills and Nash, as well as great novelty hits like “Sugar Sugar” from The Archies.

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