Tag: "Sun Broadcast Group"
Friday, February 26, 2021
NOW POSTED: This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted. This new episode titled, “Feeding an Environment of Fear,” looks back at this past week of February 22-26, 2021. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS magazine; Gary Sutton, talk show host, WSBA, York, PA; Dr. Daliah Wachs, talk show host, Genesis Communications Network / medical physician; Dr. Renee Kohanski, podcaster, Clinical Correlation, Medscape‘s MDEdge Psychcast / forensic psychiatrist; Rush Limbaugh, late talk radio icon; and Richard Neer, talk show host, WFAN, New York. The show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; WVLY, Wheeling, WV; WTRW-FM, Scranton/Wilkes Barre, PA; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; WGDJ, Albany, NY; WJFN-FM, Richmond, VA; WZFG, Fargo; KTGO, Tioga, ND; KWAM, Memphis; K-NEWS, San Luis Obispo; WGMD, Rehoboth Beach, MD; WCHM, Clarkesville, GA; WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; WIZM-AM/FM, La Crosse, WI; WMVA, Martinsville, VA; the Virginia Talk Radio Network; CRN Digital Talk Radio Network; the iHeart Podcast Network; Pioneer Valley Radio, Springfield, MA; Podcast Radio, UK and many more. To listen to this week’s episode, please click
iHeartMedia 2020 Q4 Revenue Down 8.8%; Full Year Revenue Declines 20%. Reporting its financial data for the fourth quarter and for the full year of 2020, iHeartMedia fares a little better than its two major competitors (based on the number of radio stations owned) Cumulus Media and Entercom Communications. Fourth quarter revenue was $935.5 million, a decline of 8.8% from the same period in 2019. For the full year, revenue was $2.9 billion, down 20% from the full year 2019. Although the company reports net income of $2.9 million in Q4 2020, that’s down 95% from the $62.1 million net income reported in Q4 of 2019. For the full year 2020, iHeartMedia reports a net loss of $1.9 billion. It reported net income of $11.2 billion in 2019. iHeartMedia says that strong sequential improvement is continuing since the height of the pandemic in the spring of 2020. It also reports that digital revenue increased 26% year-over-year, including a 91% increase in podcasting revenue. Company chairman and CEO Bob Pittman says, “We are pleased that the company continues its steady recovery from the COVID-19 downturn – and it’s particularly rewarding to see the impressive performance from our areas of strategic investment, like podcasting, SmartAudio, digital, and Ad Tech. In addition, with our new reportable segments, we will be able to provide additional insights into both our largest segment and our fastest-
growing segment, and help highlight the key metrics and impressive performance of each.” iHeartMedia COO and CFO Rich Bressler adds, “Our swift response to the COVID pandemic and our diligent management of expenses throughout the year enabled us to successfully achieve approximately $250 million of savings in 2020. This cost management enhanced our operating leverage and helped us to achieve adjusted EBITDA of $265 million in the fourth quarter, which was an improvement of 64% over the third quarter. The continued sequential improvement of our revenue, adjusted EBITDA and free cash flow over the past three quarters has us well positioned for continued recovery into 2021, and our commitment to make the majority of the $200 million of COVID-19 related savings permanent will further enhance the company’s operating leverage as revenue recovers.”
iHeartMedia Unveils New Business Operating Structure. Saying that this new structure reflects the “increasing size and importance” of its digital businesses, iHeartMedia announces that its two divisions – the Digital Audio Group and the Multiplatform Group – will publicly report their financial data separately and will have dedicated management. The iHeartMedia Digital Audio Group includes the iHeartRadio digital service and its podcasting business while the iHeartMedia Multiplatform Group includes its broadcast radio assets. The company says that as of the fourth quarter of 2020, the Digital Audio Group encompassed almost 20% of the company’s consolidated revenue and 23% of its earnings, and during that quarter grew revenue by 53% year-over-year and Adjusted EBITDA by 74% year-over-year. The company expects the Digital Audio Group will continue to grow as an increasing proportion of its business in the future. It adds that separate reporting of these two operating segments will provide “improved visibility into the underlying performances, results and margin profiles of these distinct audio-driven businesses.” Here’s how it breaks down: The iHeartMedia Digital Audio Group includes the podcasting business; the iHeartRadio digital service; the company’s digital sites, newsletters, digital services and programs; and its digital advertising technology companies, including Jelli, RadioJar, Unified and Voxnest, and
will also include the recently-announced Triton Digital upon completion of the acquisition. Leading the division will be Conal Byrne as CEO and Darren Davis as COO, with Carter Brokaw serving as the president of digital revenue and Jessica Jerrick as EVP of digital distribution and platform partnerships. Meanwhile, iHeartMedia Multiplatform Group – representing almost 75% of the company’s revenue – includes the 860-plus radio stations in 160 markets; the company’s live and virtual events business; and its national sales organization (which will use iHeartMedia’s full array of products, from broadcast radio and events to its SmartAudio suite of data targeting and attribution products, which allows informed digital-like planning against targeted audiences with the benefit of broadcast scale and impact, as well as using all of the products from the iHeartMedia Digital Audio Group). Premiere Networks, which
includes the Total Traffic and Weather Network; and BIN: Black Information Network, will also join this group. Leading the iHeartMedia Multiplatform Group will be Greg Ashlock as CEO and Tim Castelli as chief revenue officer. Julie Talbott joins this group as president of Premiere
Networks; Hartley Adkins becomes president of the Markets Group; Jeff Howard remains president of national sales and Tony Coles as president of BIN: Black Information Network. Bob Pittman says, “These new reportable segments will enable us to strengthen the mission and tighten the focus of both the iHeart Digital Audio Group and the iHeart Multiplatform Group, while accelerating our ability to deliver industry-leading products and services to our listeners and advertising partners across all of our platforms. Creating these two business reportable segments will allow us to provide the investment community with increased visibility into the financial results of each segment – enabling them to better appreciate the strong growth and success of our digital businesses, including our industry-leading podcast business, as well as the continued strength of our broadcast radio and marquee events businesses.”
Entercom Announces New Programming Leadership Structure. This enhancement of Entercom’s programming leadership structure for its central programming team leaves Pat Paxton in his current position as chief programming officer. He says, “This enhanced leadership team will supplement our premium content offering throughout our portfolio and ensure we have the premier collection of personalities engaging deeply with our audiences nationwide. It will also allow us to best integrate the innovation of new products and content so we are continuously growing the impact and reach of our offering and super serving our 170 million listeners each month.” In this new structure EVP of programming Jeff Sottolano continues to manage
Entercom’s sports, all-news, and news/talk brands. He is also being charged with growing Entercom’s content insights and analytics capabilities and overseeing its network and syndicated content development. Dave Richards joins the central programming leadership team as senior vice president of programming, rising from his SVP of programming of KISW, Seattle for the last 19 years and having developed programs like “The Men’s Room” and concepts like KISW’s annual “Live Day.” In his new role, Richards will be responsible for original content ideation, talent development, and coaching. He’ll spearhead Entercom’s efforts to support its expanding business portfolio, which includes RADIO.COM, Cadence13, and Pineapple Street Studios, through the generation of cross-platform content. Michael Martin continues to serve as SVP of programming and music initiatives and oversees Entercom’s relationships with artists, management, and record labels and lead its efforts to collaborate with the artist community on event, digital, and social opportunities. The company also announces the following members of its executive committee, who will collaborate to develop and oversee programming strategy across the company: Pat Paxton; Jeff Sottolano; Michael Martin; Dave Richards; Pam Russo, SVP and general manager, RADIO.COM; Bill Smee, VP of news; Matt Volk, VP of sports; Nikki Nite, VP of programming and brand manager, Entercom Austin; and Reggie Rouse, urban format captain, Entercom, and brand manager, Entercom Atlanta.
Round Three of January 2021 PPM Data Released. The third of four rounds of ratings information from Nielsen Audio’s PPM survey has been released for 12 markets including: Portland, Charlotte, San Antonio, Sacramento, Pittsburgh, Salt Lake City, Las Vegas, Orlando, Cincinnati, Cleveland, Kansas City, and Columbus. The January 2021 survey covered January 7 – February 3. TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this round of markets. Alpha Media’s news/talk KXL-FM, Portland jumps from the #6 rank to #3 on the strength of 1.4 share increase that helped it finish the January survey with a 6.2 share. Urban One’s news/talk WBT-AM/FM, Charlotte tacks on 1.6 shares for a 6.6 share finish and a jump from #5 to #3. iHeartMedia’s news/talk KFBK, Sacramento regains the #1 rank after adding 2.4 share to wrap the survey with a 10.2 share. In Salt Lake City, iHeartMedia’s news/talk KNRS-FM also claims the #1 rank after adding 1.9 shares to post a 7.9 share. See Mike Kinosian’s complete report for this round or markets (as well as his Takeaways from the first two rounds) here.
TALKERS News Notes. As reported by Chicago media writer Robert Feder, WGN-AM, Chicago is honoring the memory of former morning drive host Bob Collins, who would have been 79 on Sunday (2/28). Collins died in a small plane collision in 2000. On today’s Bob Sirott morning show, staffers WGN toasted Collins this morning (2/26) at 7:48 and, according to tradition, poured from the bottle of Jack Daniel’s found in Collins’s office. Also on the air with Sirott today were retired WGN morning host Spike O’Dell (who succeeded Collins) and retired agribusiness reporter Orion Samuelson.…..The
nationally syndicated “Dan Bongino Show” hits the 100 affiliate station mark a year after its launch. Cumulus Media’s Westwood One says that – in addition to being heard on stations like KABC-AM, Los Angeles; KSFO-AM, San Francisco; and KSEV-AM, Houston – from the November election through February 22, the Dan Bongino Show podcast “boasted more than 51 million downloads on Apple, Spotify and other major platforms, rising 27% during that period.” Bongino says, “Growing up a fan of conservative talk radio makes this moment extra special for me. To be able to reach people across the country with a strong pro-liberty, pro-freedom message is the honor of a lifetime. Special thanks as well to the affiliates partnering with us in this venture.”…..A new sports radio imaging service called Game Plan is being offered to stations from SPLAT! and is syndicated by Sun Broadcast Group. SPLAT! says GAME PLAN is “a new kind of sports radio imaging service, designed specifically to sharpen the competitive edge of local stations, while simultaneously complementing the power of network sports brands. With GAME PLAN, a local station’s imaging sounds just as bold and powerful as their network imaging, maybe even better.”…..Entercom and Major League Baseball’s Pittsburgh Pirates announce a multiyear radio broadcast contract extension for sports talk KDKA-FM “93.7 The Fan” to continue to serve as the Pirates’ flagship radio station. Under the terms of the new deal, all Pirates weekday afternoon games will air on “93.7 The Fan” and sister news/talk KDKA-AM/W261AX.
COVID-19 Stats, Vaccines and Variants Top News/Talk Story for Week of February 22-26, 2021. The falling number of COVID-19 cases in the U.S., the rollout of vaccines and the concern about variants creating another wave of cases combined as the most-talked-about story on news/talk radio this week and landing atop the Talkers TenTM. At #2 this week was the state of the U.S. economy tied with the education crisis. Following at #3 was the confirmation hearings for Joe Biden’s nominees for attorney general, interior secretary, and White House budget office, tied with Donald Trump’s planned speech at CPAC on Sunday. 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 magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.
Tuesday, October 6, 2020
The 2020 Radio (Virtual) Show. Consultant Holland Cooke is covering the NAB and RAB-produced 2020 Radio Show for TALKERS magazine that’s being done virtually this year and he reports today about the “CEO Town Hall” panel that was moderated by (clockwise from top left) NBC News’ Stephanie Ruhle and included iHeartMedia’s Bob Pittman, Entercom’s David Field, and Cumulus Media’s Mary Berner. The mantra from the CEOs was uniformly one of the audio industry’s resilience. But the execs also were plainly touting the digital opportunities that are allowing audio companies to expand and experiment during this time of disruption. Read Holland Cooke’s coverage here.
‘The Fisher House Story’ Available for Broadcast During Veterans Day Week. For Veterans Day week this year, the Fisher House Foundation announces a fresh edition of the Jeff Wyatt Group-produced “The Fisher House Story – A Family’s Love” is available in varying lengths for news/talk radio stations in the U.S. and around the world. You can check out the show demo here. As most TALKERS readers are aware, Fisher Houses are “homes away from home” for families of patients receiving medical care at major military and VA medical centers. Fisher Houses provide temporary, free lodging so families can be close to their loved one during a medical crisis. This year’s special – in three-hour, one-hour, or 30-minute versions – is once again hosted by WMAL-FM, Washington morning personality Mary Walter and features stories of our nation’s heroes, the families who serve by their side, and how Fisher House plays a role in their journey. Your listeners will hear from Army combat scout Ben Breckheimer, whose vehicle hit an improvised explosive device while deployed with his team to Afghanistan; a Lt. Col. who was shot in the 2014 Ft. Hood shooting; and a Navy veteran who needed a double lung transplant. These are just a few of the many stories that will be told “in their own words” for your listeners. The show will be ready for download by November 2. For more information on this radio special, available cash and barter free, contact Jeff Wyatt at The Jeff Wyatt Group at 301-518-3640 or jw@thejeffwyattgroup.com.
‘Women to Watch’ Expands to Two Hours on WPHT, Philadelphia. The weekend talk program “Women to Watch,” hosted by Women To Watch Media LLC founder Susan Rocco, is expanding to two hours on flagship station WPHT, Philadelphia. WTW says, “In partnership with JAKIB Media, the show in New York has since grown from a 30-minute to a 60-minute show. Now, the show is growing and expanding on its flagship ‘Talk Radio 1210’ WPHT in Philadelphia to two hours.” The program is available in national syndication. Entercom Philadelphia SVP and market manager David Yadgaroff says, “We are very excited to have ‘Women to Watch’ expand to two hours on Talk Radio 1210 WPHT. Susan does a fantastic job telling the meaningful and compelling stories of women leaders around our region and the world.” Rocco adds, “I always wanted Women to Watch Media to be the go-to media network for all stories related to women’s leadership and success. We are building a woman-owned, women-run media company to amplify the voices of women who are bringing a new type of leadership to all industries.”
Rich O’Brien Named Chief Development Officer at Sun Broadcast Group. Rising to chief development officer for Sun Broadcast Group is Rich O’Brien. He’s been serving with the company for the past two years and was most recently VP of programming and affiliate relations. Sun Broadcast Group president Warren Friedland says, “Rich has been instrumental in building Sun to where it is today. With this appointment, Rich will oversee all our programming and affiliations, working closely with our producers. Rich is highly respected and has tremendous experience in developing and growing quality, compelling, and impactful programs and services to be used by radio stations in all size markets. Sun Broadcast Group is one of the fastest growing companies in the radio network space, and Rich’s appointment demonstrates Sun’s continued commitment to serve the radio industry and its advertisers.”
TALKERS News Notes. Chicago media writer Robert Feder reports that WMVP, Chicago “ESPN 1000” afternoon personality Marc Silverman is in remission after treatment for Stage 3 Non-Hodgkin’s lymphoma. In a tweet, Silvy said it’s been “the weirdest, craziest, hardest and most humbling spring/summer of my life.” He co-hosts the afternoon drive show with Tom Waddle…..WTOP, Washington launches season three of the “Not for Lazy Moms” podcast with host Monique Samuels, one of the stars of Bravo’s “The Real Housewives of Potomac.” Also on the show with her is her husband, former Washington Football Team offensive tackle Chris Samuels. WTOP director of news and programming Julie Ziegler says, “What I love about Monique is she is not afraid to speak about what’s on her mind. The show covers topics that real people can relate to and that is so refreshing. We are excited to have ‘Not for Lazy Moms’ as part of the WTOP podcast community.”…..The nationally syndicated “Todd Starnes Show” is added to the program schedule at Information Communications Corp’s WABN, Abingdon, Virginia.
Trump COVID-19 Battle/Leaves Walter Reed, COVID-19 Stats & Projections, the Presidential Race/VP Debate, Amy Coney Barrett Nomination, California Wildfires, and Hurricane Delta Among Top News/Talk Stories Yesterday (10/5). President Donald Trump’s COVID-19 battle and his decision to discharge himself from Walter Reed Hospital; the number of confirmed COVID-19 cases in the U.S. and projections for fall/winter outbreaks; the November presidential election and Wednesday’s vice presidential debate; the nomination of Amy Coney Barrett to the U.S. Supreme Court; the ongoing California wildfires; and Hurricane Delta approaches the U.S. Gulf Coast 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. On-air and programming pro Kristen Herrmann is promoted to program director for Beasley Media Group’s adult hits WBEN-FM, Philadelphia. Herrmann has been with the station since 2012 and has served as
morning and afternoon host. WBEN brand consultant Chuck Damico says, “Kristen is the perfect person to move into the role of program director for 95.7 BEN FM. Nobody knows the brand and audience better. We’re very lucky to have her here and excited for the future of the radio station!”…..Entercom adds Josh Holleman to the air staff at country WYCD, Detroit, joining incumbent morning personalities Rachael Hunter and Steve
Grunwald for the “Josh, Rachael and Grunwald in the Morning” program. Holleman, who’s most recently been hosting afternoons at Hubbard Radio’s WIL-FM, St. Louis, served with Entercom Detroit at WDZH-FM from 2015-16. Entercom Detroit SVP and market manager Debbie Kenyon says, “As the home of Detroit’s best country, we look forward to integrating Josh’s fun and energetic style into our award-winning morning show alongside Rachael and Steve. His impressive knowledge of the country music landscape and familiarity with our city as a native Detroiter will add a unique layer to our morning programming and help deliver a fresh, dynamic listening experience for our listeners to kick off their days.”…..iHeartMedia Chicago unveils the programming lineup for WIIL-FM “Rock 95
FIVE.” The morning drive program is being hosted by Angi Taylor with Abe Kanan serving as executive producer and contributor, Walt Flakus hosts middays, Klinger is the afternoon drive jock, and Maria Palmer hosts evenings. Regional SVP of programming for Chicago James Howard says, “We have assembled a dream team of talent whose passion for rock and Chicago will bring the ideal companionship for our audience.”…..Entercom drops the FM translator from sports WSSP-AM, Milwaukee and will launch hip hop “HOT 105.7” on W289CB, fed by WXSS-HD2. Entercom Milwaukee market manager Andrea Hansen says, “As part of our commitment to amplifying diverse voices in our content and talent lineup, the new ‘HOT 105.7’ will engage fans with today’s hottest music, relevant entertainment and a focus on issues important to African Americans and the multi-cultural community in Milwaukee. This strategic launch will also enhance our portfolio that already includes a prominent sports station and a pair of market leading brands focused on super-serving the female audience, ensuring we are delivering robust opportunities for advertisers to connect with diverse communities throughout Milwaukee.”
Friday, February 14, 2020
Brett Winterble Named Afternoon Drive Host at WBT-AM/FM, Charlotte. Recently let go from San Diego news/talk KFMB-AM – along with the rest of the staff as the station changes hands from Tegna to new owner Local Media San Diego – is talk show host Brett Winterble, who begins his new gig at Entercom’s heritage talker WBT-AM/FM, Charlotte on Monday (2/17). Entercom SVP and market manager Matthew Hanlon says, “Brett Winterble represents the future of audio. When John Hancock took this exact seat on WBT 30 years ago, he was a progressive-minded voice in
the market, placing an emphasis on issues that affected the community. Brett takes on a similar role in a new and meaningful way for our loyal audience. He cares about the listener and demonstrates a genuine interest in the community. We’re thrilled that Brett is joining our team.” In addition to his five-year stint at KFMB-AM, Winterble hosted afternoon drive at KFWB-AM, Los Angeles and served as a producer for Rush Limbaugh and Michael Reagan. Winterble takes over the 3:00 pm to 6:00 pm show from John Hancock, who announced his retirement in October 2019.
NOW POSTED: New Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted. The new episode titled, “Off to the Races!” looks back at this past week of February 10-14, 2020 and features guests (in order of appearance): Kevin Casey, executive editor, TALKERS; Todd Feinburg, talk show host, WTIC, Hartford; Victoria Jones, executive director, DC Radio Company; Joe “Pags” Pagliarulo, syndicated talk show host, Compass Media Networks; Heidi Harris, talk show host, KMZQ, Las Vegas; and Joshua Philipp, senior investigative reporter, The Epoch Times. This acclaimed news/talk radio show airs each week on WONK-FM, Washington, DC Friday evenings between 6:00-7:00 pm ET. It also airs throughout the weekend on WRKO, Boston; KSCO, Santa Cruz, CA; KFNX, Phoenix; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; the Virginia Talk Radio Network and Pioneer Valley Radio in Springfield, MA as well as appearing on the iHeartRadio App. To listen to this week’s episode (and the program’s complete archives), please click here. To view the latest TALKERS magazine topic research, please click here.
‘New Jersey 101.5’ to Hold Town Hall on Prisoner Re-Entry. Next Thursday (2/20), Townsquare Media’s WKXW, Trenton “New Jersey 101.5” will present the next in its Town Hall series, addressing the issue of re-entry of New Jersey residents into mainstream society, including the unique and specific challenges faced by these residents and their families. ‘NJ101.5’ special projects director and morning news anchor Eric Scott will moderate the Town Hall. He says, “Our Town Hall broadcasts help create a better understanding among New Jersey residents while seeking to identify real and practical solutions to some of our state’s most difficult issues. More than half of those being released from prison in New Jersey today will be rearrested within three years. Almost a third will be sent back to prison. This program will explore ways to break the cycle of recidivism and confront the challenges of returning former inmates to society.” Expert panelists will include: former New Jersey Gov. Jim McGreevey, whose work with the New Jersey Reentry Corporation is well-known throughout the state; Haywood Gandy, who was released from prison in 2018 after serving 20 years on armed robbery and other charges and is now the director of re-entry for The H.U.B.B. (Help Us Become Better) Arts & Trauma Center in Newark; Daniel Lombardo, president and CEO of Volunteers of America Delaware Valley; and Jessica O’Neill, Assistant U.S. Attorney, Camden. Online, under the direction of ‘New Jersey 101.5’ digital managing editor Louis C. Hochman, the Town Hall will be streamed via Facebook Live, with representatives from the U.S. Attorney’s Office, Reentry Coalition of New Jersey, and Volunteers of America available to answer questions and provide resources for persons in need.
SBG Announces Creation of All-Female Marketing Team. Syndication and sales firm Sun Broadcast Group announces the formation of an all-female marketing team consisting of 11-year SBG veteran Loren Christofori – who has been promoted to director of marketing, former Envision Networks marketing and affiliate specialist, Jen Weisfeld – now in the role of marketing manager, and SBG alum Amber Kelley joining as marketing assistant. SBG president and founder Jason Bailey, “I know I speak for the entire SBG family when I say how proud we are to introduce this new all-female marketing team. Anyone who knows me knows that I take our brand very seriously. I couldn’t be more excited to place the next chapter of the SBG story in the hands of Loren, Jen, and Amber. I’m thrilled to see all the great ideas they have come to life.”
BFoA Names 2020 Leadership Awards Recipients. The Broadcasters Foundation of America announces the recipients of the 2020 Leadership Awards that will be presented at the Broadcasters Foundation Annual Breakfast on April 22 in Las Vegas during the NAB Show. This year’s honorees are: Marci Burdick, senior advisor to Schurz Communications, retired; Kim Guthrie, president & chief executive officer, Cox Media Group; Kraig Kitchin, partner, Sound Mind LLC; Weezie Kramer, COO, Entercom Communications; Barbara Kreisman, chief, Video Division, FCC; Leo MacCourtney, president, Katz Television Group. The Broadcasters Foundation will also present the Lowry Mays Excellence in Broadcasting Award during the Breakfast. That honoree will be announced shortly.
Galaxy Media Celebrates 30 Anniversary. Earlier this week (2/12), Galaxy Media Partners celebrated 30 years of service to the Central New York Community. It was on that date in 1990 that Pam and Ed Levine began operation of WKLL-FM, Frankfort in the Utica market with its first studios and offices in the back of a diner. The company added stations in Syracuse in 1993, with additional acquisitions in 2001 and 2007. Galaxy created an events division in 2007 that has grown to encompass all of Central New York and New York State. Also in 2007, Galaxy became the flagship station for Syracuse University athletics and created a sports marketing division. Company president and CEO Ed Levine says, “We are proud to celebrate 30 years of service to the Central New York Community. Pam and I intend to continue to serve the Syracuse and Utica markets for many years to come.”
Beasley Personality Marisa Magnatta Hosts ‘Path to Pro… How to Be a Player in Esports.’ Philadelphia morning show personality Marisa Magnatta is hosting Beasley Media Group’s first ever “Path to Pro … How to be a Player in Esports” live event today from 4:00 pm to 6:00 pm at Nerd Street Gamers in Philadelphia. Esports experts and success stories will take part in panel discussions that will “provide attendees with an ‘insiders’ perspective on esports and the many paths that an individual can take to pursuing a career in professional gaming and what life is like as an elite player in the Overwatch League, as well as explore the different paths one might take to get there.” WMMR-FM personality Magnatta says, “The feedback I’ve received after hosting the first season of ‘FTW Philly’ on NBC Sports Philadelphia has been all over the map…from expert to novice. The most common question I hear is, how do you actually start a career in esports? Our ‘Path to Pro’ event will be the ultimate guidebook for anyone interested in achieving their esports dream!”
The Presidential Race/New Hampshire Primary Top News/Talk Story for Week of February 10-14, 2020. The Democrats battling to take on President Trump in November and the results of Tuesday’s New Hampshire primary were the most-talked-about stories on news/talk radio during the week, landing atop the Talkers TenTM. At #2 this week was the aftermath of the impeachment trial of President Trump. Coming in at #3 was the controversy surrounding Trump’s influencing the sentencing of Roger Stone, and presidential candidate Michael Bloomberg’s 2015 racist stop & frisk comments and race relations at #4. 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 magazine. It is published every Friday at Talkers.com. See this week’s entire chart here.
TALKERS News Notes. Boston sports talk WBZ-FM “98.5 The Sports Hub” enters into a multi-year partnership with Special Olympics Massachusetts. The collaboration between the Beasley Media Group station and the non-profit “will be instrumental in helping to raise funds, recruit volunteers, and support all major programs, such as the Summer Games, scheduled to take place June 12-14 at the Harvard Athletic Complex in Boston. WBZ-FM program director Rick Radzik says, “It is an honor and privilege to partner with a tremendous organization that makes a difference in the lives of others like Special Olympics. As the leading sports radio station in the country, we believe it’s important to align ourselves with an organization that offers support and inclusion for so many athletes, who otherwise might not have the opportunity to participate. It’s the perfect fit!”…..Podcast producer Cadence13 – part of Entercom’s RADIO.COM – is starting production on a new sports documentary podcast franchise that will explore “a wide range of compelling stories and people from the world of sports.” Season one will focus on the Houston Astros sign-stealing scandal. Season one will be hosted and written by Ben Reiter, the author of the New York Times bestseller Astroball: The New Way to Win it All…..iHeartMedia is expanding the iHeartPodcast Network with more Spanish-language and Hispanic-focused offerings with a slate of podcasts hosted and co-produced by radio personality Enrique Santos, who also serves as chairman and chief creative officer of iHeartLatino. iHeartMedia is launching a multi-year development, co-production, and distribution partnership with multicultural digital audio network, reVOLVER…..Entercom and Univision sign an agreement for all-news WCBS-AM to produce Spanish-language coverage of New York Mets baseball on Univision’s Spanish hits outlet WQBU, New York “Que Buena 92.7.” Entercom New York regional president and market manager Susan Larkin says, “We’re pleased to partner with Univision New York to bring New York Mets games to Spanish-speaking fans. As the unrivaled leader in local sports coverage, we’re looking forward to bringing our premier content to an even broader audience through this
strategic partnership.”…..Condolences to the family and friends of career radio pro George Woods, who died on February 8. During his career, Woods was a talk host at such stations as WOW-AM, KKAR-AM, and KFAB-AM in Omaha and KCMO-AM, Kansas City. During the latter part of his career, he built and operated the multi-format, on-demand internet radio platform Radio George. Woods also served on the board of the non-profit radio organization The Conclave, volunteered for the Bob Woodruff Foundation, and travelled extensively with his wife Nancy Kaywood, who also serves on the Conclave board. She suggests that memorial contributions be made to the Bob Woodruff Foundation in Woods’ name.
FOX News Radio Positions Open. There are three news posts that FOX News is seeking to fill. The first is Overnight Freelance Anchor for FOX News Radio in Washington, DC, Los Angeles or New York City. FOX says, “As a radio news anchor you will work under tight deadlines and deliver top notch newscasts. You have a passion for breaking news and the flexibility to work on a days’ notice.” See more about that position and apply here. The second position is staff producer and news editor for FOX News in New York City. In this position you will supervise the staff for FOX’s network radio news operation, Fox News Headlines 24/7. As the producer/news editor you are editorial leader, working with news anchors to craft the content and structure of a 24/7 news operation. See more about that position here. The third position is Freelance Radio Master Control Operator in New York. For this position the company is seeking a technically strong and motivated operator to provide technical oversight over all FOX News Radio platforms, including FOX News Radio’s terrestrial operation, FOX News Talk and FOX News Headlines 24/7. See more and apply for this position here.
Great Radio Management Opportunity. A broadcast owner has an immediate opening in a Northwest radio market for a general manager who is a self-directed individual with managerial skills, strong sales experience, and organizational talents. Candidate must have an established, result-oriented history. Must be a community-minded individual and possess written and verbal communications skills and leadership direction with the ability to convey to others. The successful candidate must maximize growth of the station while developing overall sales department operations; perform operational tasks; create sales and promotional opportunities; and have a willingness to recruit, hire, train, and support station staff. Must have thorough knowledge of radio broadcast industry. Three years proven sales experience required. B.A. Degree in Broadcast Journalism a “plus.” Successful candidate will be compensated equal to qualifications and performance. EOE. Contact: Radio Northwest, 18925 SW 84th Avenue, Tualatin OR 98062 503.223.6769. Email: kbnp@kbnp.com
Digital Content Producer. At Entercom’s Charlotte cluster consisting of news/talk WBT-AM/FM, sports talk WFNZ-AM/W273DA, and hot AC WLNK “The Link” has an immediate opening for a digital content producer. The company says, “The ideal candidate is an exceptional, quick-thinking multi-tasker with a passion for news, sports, music, entertainment and an ability to thrive in a fast-paced environment to producing top-quality multimedia content for all cluster stations. Responsibilities include, but are not limited to: Research, write, edit, and publish original content for our websites. Ensure all daily content is optimized for SEO. Monitor social media for story ideas. Effectively post to social media to drive engagement and traffic while following company strategy and policy. Execute web initiatives as directed. Work closely with digital content coordinator and other team members to achieve digital goals. Participate in all applicable Entercom training to fully take advantage of tools and best practices. Other duties as assigned.” See more about this position and apply here. EOE.
Thursday, November 7, 2019
iHeartMedia Third Quarter Revenue Rises 3%. Revenue for iHeartMedia, Inc. – whose shares became listed on the NASDAQ on July 18 of this year – was $948.3 million, an increase of 3% compared to the same period in 2018. Digital revenue increased 33.4%. Looking at the first three quarters of 2019, revenue was $2.66 billion – an increase of 2.8% over the same period in 2018. The company says, “Our traditional radio business, which is comprised of our Broadcast and Networks revenue streams, is stable and growing. Broadcast revenue declined by 0.6% on a reported basis and increased 0.4% excluding the impact of political revenue, while Networks grew 9.2% year-over-year driven primarily by growth in our Total Traffic & Weather network. Networks also grew sequentially by almost 300 basis points over the second quarter. Our growth was also driven by our Digital revenue stream, which grew 33.4%. Digital revenue growth was primarily driven by growth in podcasting, as well as other digital revenue. Audio & Media Services declined 14.3% on a reported basis and increased by 0.2% excluding the impact of political revenue. Political revenue primarily impacts our Broadcast and Audio & Media Services revenue, and therefore these revenue streams tend to show greater variance in non-political years. Sponsorships increased by 4.4% year-over-year. Importantly, all of our revenue streams grew year-over-year excluding the impact of political revenue, demonstrating the continued momentum in our business.”
Beasley Broadcast Group Reports Q3 Net Income Up 1.5%. Net income for Beasley Broadcast Group’s 2019 third quarter was $66.1 million, an increase of 1.5% over the same period in 2018 and the company says that “reflects increased revenue in the Company’s Philadelphia, Detroit, Boston, Charlotte, Fayetteville, and Wilmington market clusters. Net revenue for the three months ended September 30, 2019 was comparable to net revenue for the same period in 2018 at the Company’s other market clusters.” For the first nine months of 2019, net income was $189.5 million, an increase of 4.1% over the same nine-month period in 2018. Station Operating Income increased 12.7% year-over-year in the third quarter of 2019. The company says the year-over-year increase is primarily attributable to higher revenue in the 2019 third quarter and lower station operating expenses related to $1.7 million of non-recurring bad debt expense that was recorded in the comparable 2018 period, partially offset by higher
expenses at recently acquired stations. Beasley CEO Caroline Beasley states, “Throughout the third quarter, we continued to advance our revenue diversification initiatives and actively manage our local radio broadcasting and digital platforms, while implementing our operating disciplines at recently acquired stations to drive SOI growth and margin expansion. Record third quarter net revenue of $66.1 million was driven by the strength of our station clusters in four of our top five largest revenue markets, as well as contributions from recent acquisitions and more than offset the approximate $0.9 million of combined political, spectrum and United States Traffic Network traffic revenue recorded in the 2018 third quarter, which did not recur in the 2019 third quarter…Third quarter results also began to reflect financial contributions related to our new and expanding digital development and diversification initiatives. Beasley generated a year-over-year increase in digital revenue of approximately 37%, with digital now accounting for 7.4% of total revenue, compared to 5.4% of total revenue in the prior year period. Going forward, we remain committed to increasing digital share of total revenue as we continue to aggressively roll out our digital transformation strategy across the organization.”
Urban One Third Quarter Net Revenue Basically Flat at $111.1 Million. While third quarter net revenue was up just 0.3%, Urban One’s broadcast and digital operating income was up 3.2% on $44.8 million, compared to the same period in 2018. Operating income was approximately $32.5 million for the three months ended September 30, 2019, compared to approximately $32.1 million for the same period in 2018. Urban One CEO and president Alfred Liggins III says, “During the third quarter we completed the sale of WDMK to Beasley Broadcasting, as a result of which our cash position improved, and net leverage was reduced. On a same station basis, our third quarter radio revenues were up 4.2%, and I was pleased that we were able to grow the Radio Broadcasting segment Adjusted EBITDA by 6.6%. Same station core radio revenues, excluding political, are currently pacing down low single digits for the fourth quarter. Cable Television advertising was robust in the quarter, up 7.8%. While digital revenues decreased by 6.4%, we were able to post significant Adjusted EBITDA growth in that segment as a result of improved cost control. Overall, we were able to grow Adjusted EBITDA by 5.8% for the quarter, and I believe we are well positioned to achieve our strategic goals for the year, with Adjusted EBITDA in the range of $138-$140 million.”
Nielsen Announces Plans to Split into Two Companies. Along with its third quarter financial results, Nielsen Holdings Plc is announcing that it will “separate the Global Media and Global Connect businesses through a spin-off of the Global Connect business.” Global Media is the audience measurement division and Global Connect is the consumer data division. CEO David Kenny says, “We are pleased with our third quarter results. Both Media and Connect revenues were ahead of our expectations, reflecting strong execution as well as our focus on driving faster, bolder decisions to enhance value for Nielsen and for our clients. We also announced today the conclusion of our strategic review and our decision to separate Global Media and Global Connect. As we look forward, we remain focused on executing on our growth strategies and positioning both businesses to create value for our shareholders.” The strategic review was led by chairman of the board of directors James Attwood, who says, “Nielsen has two strong and global franchises — Global Media and Global Connect. Following an extensive review process, which included an in-depth analysis of our businesses, strategies and market opportunities, the Board concluded that separating into two independent, publicly traded companies is the best path to position each business for long term success and maximize value creation. As independent companies, both Nielsen — the Global Media business — and the new company consisting of Global Connect will enjoy added flexibility and further strengthen their paths toward a new phase of growth, productivity and industry leadership.”
Q3 2019 Flat for Saga Communications. Third quarter net revenue for Saga Communications, Inc. was $31.3 million, basically flat compared to 2018’s Q3 figure of $31.7 million. Station operating expense increased $171 thousand to $23.6 million and operating income decreased $520 thousand to $4.8 million compared to $5.3 million for the same period in 2018. Net Income decreased $361 thousand to $3.3 million for the quarter. On a same-station basis, third quarter net revenue decreased $1.4 million to $30.3 million. Looking at the first three quarters of 2019, net income was flat with the same period in 2018 at $9.4 million. Net revenue decreased $610 thousand to $91.3 million. On a same-station basis for the nine-month period, net revenue decreased $3.8 million to $88.1 million. Saga reports having $42.3 million in cash on hand as of November 4, 2019. The company’s total bank debt was $10 million as of the end of the quarter.
PPM Analysis: Public Radio News/Talk. TALKERS magazine managing editor Mike Kinosian presents a look at the performances of radio stations based on data from Nielsen Audio’s October PPM survey, today focusing on the public radio news/talk format. More than 60% of public radio news/talk stations were up (weekly 6+ AQH share) compared to the September 2019 survey. Year-over-year, the results were split about 50/50, with half the stations up and half down. Four high-performing public outlets ranked #1 in their respective markets in October. They were: WAMU-FM, Washington; KPBS-FM, San Diego; KOPB-FM, Portland; and KUT-FM, Austin. Perennially top-ranked public outlet KQED, San Francisco ceded the #1 spot to Entercom’s all-news KCBS-AM, San Francisco in October. See Mike Kinosian’s entire report here.
Sun Broadcast Group to Rep All of Envision Networks’ Products in 2020. This agreement between Sun Broadcast Group and Envision Networks is an expanded sales representation agreement that now includes all Envision Networks shows and services. Envision Networks CEO and president Danno Wolkoff says, “We started with Sun Broadcast
Group selling all of our Spanish inventory and began adding more general market advertising to their networks as we grew. SBG’s ability to maximize our lineups and create networks with such high advertiser demand fueled the development of many new shows and services. It’s only fitting that Jay [Bailey], Julio [Aponte] and the Sun team now represent all of Envision Networks’ advertising sales in 2020 … we’re thrilled to be working together.”
TALKERS News Notes. Greenville, South Carolina news/talk WYRD-FM “106.3 WORD” adds a translator to its broadcast. Now carrying the station’s signal is W270AM, Anderson, South Carolina at 101.5 FM. Anderson is about 25 miles southwest of Greenville. Entercom Greenville-Spartanburg SVP and market manager Steve Sinicropi says, “We’re happy to meet the demand from listeners and advertisers to expand 106.3 WORD’s over-the-air signal to Anderson County using 101.5 FM. Anderson is a fast-growing market that we are looking forward to serving with 106.3 WORD’s programming
on all of our platforms.”…..Kentucky sports talk host Matt Jones will be off his WLAP-AM, Lexington-based program after U.S. Senate Majority Leader Mitch McConnell filed a complaint with the Federal Elections Commission. Jones has announced he’s exploring the possibility of running as a Democrat for McConnell’s senate seat. The iHeartMedia station asked Jones to step away from the program after the complaint was issued. Jones was relieved of his duties at WLEX-TV, Lexington in July after he made his political ambitions known…..Cumulus Media’s Westwood One is presenting a news special titled, “30 Years After the Fall: The Legacy of the Berlin Wall,” that explores the 30th anniversary of the fall of the Berlin Wall. Correspondent Chas Henry hosts the program as he reports from the site where the Berlin Wall once stood. He talks to scholars about why the wall was constructed and with residents who watched it come down. The half-hour program airs Thanksgiving weekend. Stations interested can contact Jim Jones at jimjones@westwoodone.com or 202-840-7933 for more information.
Impeachment Process, Ukraine Affair, 2020 Presidential Race, Tuesday’s Election Results, Mormon Family Massacre, China-Hong Kong Tensions, New HIV Strain, and OK Boomer Meme Among Top News/Talk Stories Yesterday (11/6). The impeachment process against President Trump; the testimony about President Trump’s alleged quid pro quo offer to Ukraine’s Volodymyr Zelensky; the Democrats vying to challenge President Trump in 2020; Democratic victories in Virginia and Kentucky in Tuesday’s elections; the massacre of nine members of a Mormon family by drug cartel members in Mexico; the ongoing tensions between Hong Kong and China; the discovery of a new strain of HIV; and the controversy over the “Ok Boomer” meme 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. In the Fresno market, iHeartMedia names Angel “Visa” Jarquin program director for hip hop KBOS “B95.” He comes to “B95” from his most recent position with the company’s CHR KDON, Monterey where he was afternoon
drive personality and assistant program director. iHeartMedia SVP of programming for Central California and Nevada Tony Matteo says, “Angel’s incredible track record of success and his experience in the format make him an ideal fit to spearhead this market’s leading brand in Fresno. We’re excited to bring his energy to the ‘B95’ team.”…..JVC Media announces the addition of Long Island radio personality Bill “The Wiseman” Wise as morning host at WPTY-HD2/W251BY, Patchogue, New York “Oldies 98.1” JVC New York general manager Bruce Shepard says, “The Wiseman is a great addition to our staff. He will not only be on the airwaves of ‘Oldies 98.1,’ he will also work with the team to develop new and exciting live events and concerts for ‘Oldies 98.1.’ I am thrilled to have him on board.”…..Country outlet WYCD, Detroit hosted last night’s “Stars and Strings Presented by RAM Trucks Built to Serve” event that raised more than $25,000 for Folds of Honor, the organization that provides educational scholarships to spouses and children of America’s fallen and disabled service members. Entercom has now raised more than $275,000 to support the cause. The RADIO.COM event featured performances by Keith Urban, Maren Morris, Lady Antebellum, Kelsea Ballerini, Jon Pardi, Brett Young, and Ryan Hurd…..iHeartMedia’s rock WJRR, Cocoa Beach, Florida announces the all-star lineup for its “Earthday Birthday Number 27” music festival taking place on Saturday, April 18, 2020 at the Central Florida Fairgrounds and Orlando Amphitheater. Performing will be: Shinedown, Halestorm, Theory Of A Deadman, Beartooth, Fozzy, Dirty Honey, New Years Day, Crobot, and Dinosaur Pile-Up, with more to be announced…..Cox Media Group classic hits WSRV, Atlanta “97.1 The River” will celebrate its 14th birthday with “The River’s Rockin’ Birthday Bash Presents: Journey with Pretenders” on Thursday, August 13 at Cellairis Amphitheatre at Lakewood in Atlanta. Station director of branding and programming Chris Eagan says, “We can’t wait to celebrate The River’s 14th birthday with our awesome fans. Journey and Pretenders will definitely put on an unbelievable show to help us party on August 13!”