Borrell Associates New Study and Forecast Predicts Radio Revenue Flat but Listening Minutes Continue to Decline Over Next Five Years. Research firm Borrell Associates has published a new study titled, “The Future of Legacy Media: With 5 Years of Digital Disruption Ahead, What Happens Next?” As the title implies, it looks at the effect the digital revolution has had over the past five years on time spent with each medium and ad dollars spent and then goes on to predict what is likely to happen over the next five years. The conclusion for AM/FM radio is probably not going to be shocking to most. Borrell predicts that minutes spent with AM/FM radio (which have already dropped from 124.1 in 2008 to 93.5 in 2013, according to the study) will continue to erode even though the number of individuals listening at least once per week (that figure we hear reported by Nielsen Audio so frequently) may remain fairly constant. By 2018 Borrell predicts minutes spent with radio will further drop to 81.9 (for a total decrease from 2008 to 2018 of 34%). On the revenue front, Borrell notes that radio ad spending has dropped by almost a third over the past 13 years and predicts the level the industry is at right now – about $14.3 billion – is roughly where it will be in another five years. Here’s what the study has to say about AM/FM radio’s future: “If trends hold true, traditional radio ad spending will continue to tread water, remaining largely unchanged while growth moves online – especially among national advertisers. Detroit is already equipping some new cars with Pandora service, so even that industry sinecure may have been breached. Losses – where they occur – will be most felt in the larger metros, while suburban and rural areas will still depend on the local flavor of stations that have been good friends to their fathers and grandfathers.” Which media will experience growth in minutes spent with through 2018? Borrell predicts cable TV, out-of-home, video games and pure-play mobile, which it says will have realized a 1,145% increase in minutes spent with during the 10-year period examined in the study. Read more here.
SiriusXM Reports Total Subscribers Top 25 Million. Satellite radio service SiriusXM announces it ended the year 2013 with 25.56 million subscribers – an addition of 1.66 million net subscribers during the course of the year. The company reports that self-pay net additions in 2013 were 1.5 million for the full year, bringing self-pay subscriptions to over 21 million. SiriusXM CEO Jim Meyer states, “SiriusXM had an outstanding 2013, and we expect to meet or exceed all other guidance we have provided for the year. Automotive distribution is hitting on all cylinders and an increasing number of households, at all income levels, are subscribing to SiriusXM. In a world where consumers have many choices, millions of subscribers continue to love our unmatched and easily affordable lineup of exclusive talk, live news, major sports events, and commercial-free and curated music channels.” At the same time, the company offers guidance for 2014 that includes: Net subscriber additions of 1.25 million; free cash flow approaching $1.1 billion; revenue of over $4.0 billion; and adjusted EBITDA of approximately $1.38 billion.
2014 International CES: Day Two. Media consultant Holland Cooke reports from Las Vegas where he’s covering the enormous 2014 International Consumer Electronic Show for TALKERS magazine. Some tidbits for radio people include how Yahoo! is revamping its content to fit what consumers want with regard to size and frequency and how new global anchor Katie Couric is integrating “citizen reporting” into her work. Also, read what radio execs attending a session on internet radio are saying about building a connection with consumers in Holland Cooke’s piece here.
Compass Media Brings Research Pro Len Klatt Aboard. Research pro Len Klatt spent the last 16 years with Premiere Networks (ultimately as SVP of research) and 11 years with Westwood One before that. Now, Compass Media Marketing announces it has hired Klatt as a research consultant and advisor, effective immediately. Klatt comments, “It is an incredibly exciting time to be a part of the changing audio entertainment landscape. Compass is well positioned for continued growth and my goal is to work closely with the Compass team to best serve our advertisers, affiliates and programming partners.”
Kirk Minihane Inks Multi-Year Deal with WEEI, Boston. The Boston Globe’s Chad Finn reports that staffer Kirk Minihane – a recently added member of the Dennis & Callahan morning show – has been rewarded for his positive impact on the show and the station with a new multi-year deal. Minihane became part of the morning show featuring John Dennis and Gerry Callahan in February of last year and Finn reports that the morning show has been gaining ratings ground over the past several months. Minihane was already employed by Entercom Boston writing for WEEI.com at the time he joined the show. The Dennis & Callahan show – and the station in general – has been under the microscope since the start-up of CBS Radio’s crosstown WBZ-FM “98.5 The Sports Hub” debuted, gained ground on WEEI and overtook many of WEEI’s shows in the ratings. Now, Finn reports that the Dennis & Callahan show recently finished in second place in the Nielsen Audio PPM ratings behind WBZ-FM’s Toucher & Rich program with a 9.0 share.
Odds & Sods. At Salem Communications’ New York City news/talker WNYM “AM 970 The Answer,” comic Joe Piscopo is guest hosting the morning show today (1/8) through the end of the week. The permanent morning show slot is vacant right now after Curtis Sliwa split for Cumulus Media’s crosstown news/talk WABC for a midday show with co-host Ron Kuby. The station says Piscopo will “have top name guests, give his take on the news of the day and do a variety of other comedy bits.”…..At Clear Channel’s Cincinnati cluster, Bo Matthews is named vice president of programming for the station group. While Matthews’ recent day-to-day experience has been with music radio – he comes to Cincinnati from the company’s Cleveland cluster where he programmed rock WMMS and CHR WAKS “Kiss FM” – he will ultimately oversee news/talk WLW, talk WKRC and sports talk WSAI in his new position…..In the public radio sphere of the Rochester market, WXXI listeners are hearing new host Evan Dawson in the 12:00 noon to 2:00 pm slot held for so long by market pro Bob Smith. Dawson is a familiar face as he spent six years as morning anchor at WHAM-TV. The new show is called “Connections with Evan Dawson.” Smith stepped down from his position in August after suffering a stroke in the spring. He’s currently in long-term rehabilitative care.
Rick & Bubba Celebrate 20th Anniversary. The nationally syndicated Rick & Bubba show – featuring Rick Burgess and Bill “Bubba” Bussey – celebrates its 20th anniversary this year. The Syndicated Solutions Inc.-distributed program has special plans to commemorate the show’s birth. Burgess and Bussey, along with cast members Calvin “Speedy” Wilburn, “The Real” Greg Burgess, Michael “Helmsey” Helms, Chris “Eddie Van” Adler, along with past/present show interns and related show contributors, will be performing live before sellout crowds during at least five special one-night only events in concert halls/theaters in select cities beginning in May. SSI reports that “each ‘20th Anniversary Tour’ event will include hilarious, unforgettable Rick & Bubba moments, show favorites such as Good ‘ol Boys Theater, Willie & Wanda, The Giant Game of Rick & Bubba Knowledge, The Wacky World, Fact or Crap, and more. There will be prizes, video tributes reliving the past 20 years, musical performances, special Q&A sessions and more…All behind-the-scenes and on-stage activities will be video recorded so excerpts can be shared during the Rick & Bubba show television/radio broadcast, and a full 20th Anniversary documentary will be available later in 2014.” SSI president Bob Carey states, “Congratulations Rick and Bubba…I am so proud of what you’ve accomplished all these years and the special relationship that we share. Although we’ve been business partners for just nine of your 20 years on air together, the Rick & Bubba show continues to evolve and gets better day after day, which is a testament to you both never taking your successes for granted or never stopping to work hard and improve upon yesterday.” Pictured here are (from l-r): Bill “Bubba” Bussey (sitting), Michael “Helmsey” Helms, Rick Burgess (center/sitting), Calvin “Speedy” Wilburn, “The Real” Greg Burgess and Chris “Eddie Van” Adler.
Outstanding Talk Producer on the Loose. One of the personnel casualties of WWRL, New York’s recent switch from progressive talk to regional Mexican Spanish-language entertainment is Jeffrey Haveson. Haveson, an accomplished veteran radio broadcaster is known in talk circles as one of the most hard-working, versatile and dependable producers in the business, is without a home base for the first time in more than a decade. He served at WWRL as an executive producer working with a wide variety of hosts and formats ranging from urban talk to liberal politics and then some. In the words of TALKERS publisher Michael Harrison, “Jeffrey Haveson is one of the most competent and multi-faceted facilitators of talk programming I’ve ever met. This guy can handle all the chores that go on behind-the-scenes in making a great show happen from nurturing hosts of all political and cultural stripes, booking guests, executing remotes and creating superb production to writing an effective press release and managing social media. He is located in the New York area and should be grabbed by one of the many media outlets looking for a solid producer.” Haveson can be phoned at 973-207-3095 or emailed at firstname.lastname@example.org.
Robert Gates Criticizes Obama in New Book, Dennis Rodman in North Korea, Boehner-Benghazi Connection, Polar Vortex Chills U.S./Global Warming, and Janet Yellen Confirmed New Fed Chief. The new book by former Defense Secretary Robert Gates that is critical of the Obama Administration; the controversy over former NBA star Dennis Rodman’s latest trip to North Korea; questions about what House Speaker John Boehner knew about the Benghazi mission; the frigid temperatures across the U.S. and the connection to global warming; and Janet Yellen is confirmed as new chief of the Federal Reserve were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
Talk Radio Day at the United Nations Set for Friday, June 7. After a one-year hiatus, TALKERS magazine announces the revival of its annual international initiative, “Talk Radio Day at the United Nations.” Presented in conjunction with Talk Radio News Service and in association with the United Nations Foundation, the event consists of a massive radio row held in the heart of the United Nations’ iconic headquarters on the East Side of Manhattan. Approximately 25 talk show hosts and programs from around the country are given the opportunity to do live shows or simply record interviews on the scene for later playback with a wide variety of special guests including UN officials, foreign ambassadors, international policy experts and representatives of the arts and sciences from around the world. “This is one of our most prideful annual events,” states TALKERS publisher Michael Harrison, “and I am absolutely delighted that we have been able to bring it back after a year off in 2012.” Harrison says, “It accomplishes a number of important things – most notably, it gives a variety of talk show hosts and millions of their listeners in every corner of the country the opportunity to shift gears and discuss international news stories of significant consequence that rarely, if ever, are covered or discussed in the mainstream American media. Some of these stories have enormous implications on war, peace, life and death.” Harrison also points out, “Hosts of just about every political and ideological persuasion have raved about this event over the many years we have been doing it saying that it has proven to be a personally rewarding experience for them as much as it has provided a spectacular bit of special programming to their stations and networks.” Talk Radio Day at the United Nations conveniently takes place the day after Talkers New York 2013 when many talk show hosts are already in New York City. Hosts on board include Alan Colmes of Fox News Radio; Doug Stephan of the “Good Day” show; Joe Madison of SiriusXM Satellite Radio; Mark Riley of WWRL, New York; Larry Young of WOLB, Baltimore; Dr. Joy Browne of Radio America; Martha Zoller of WGAU, Athens, GA; Ethan Bearman of GCN and KSCO, Santa Cruz; Timothy Spangler of KRLA, Los Angeles; Lisa Wexler of WFAS, Westchester; Dr. Evelyn Higgins of CRN Digital Talk Radio and GCN; Gary Duff of WRHU, Hempstead, NY; Carole Marks of “A Touch of Grey” and more. Talk Radio News Service will broadcast the entire day to its hundreds of affiliates across the nation with more to be announced. All equipment and broadcast set ups are provided at no cost for the convenience of the participants — but placement is limited and this will fill up rapidly, so interested hosts should call 413-565-5413 quickly to inquire about signing up.
RAB: Radio Flat at $3.5 Billion in Q1. The Radio Advertising Bureau releases data indicating that the first quarter of 2013 remained flat “aided by an uptick in Spot in March after a sluggish start to the year. Both Digital and Off-Air performed well throughout the quarter and were up 9% and 5% respectively.” The report breaks out data on advertising categories. A synopsis shows “spot spending by communication/cellular advertisers soared by over 1/3 (36%) for this quarter, propelling the category to #1 for the period. Also up – in rank order based on spending – were financial services (+13%), department/discount stores & shopping centers (+58%), and home furnishings/floor coverings (+6%). While dollar volume was virtually flat for television/networks/cable providers (-3%) and restaurants (-2%), these were solid contributors to radio’s bottom line in the #2 and #4 spots; automotive declined 20% and slipped to the #3 rank.” RAB president and CEO Erica Farber states, “Major increases in radio advertising by communications/cellular and financial services went a long way to offset a drop in automotive spending. Additionally, spending is up in the department/discount stores category – reflecting increased confidence among retailers who have experienced radio’s ability to drive traffic and sales. Radio’s digital sector revenue continues to grow as radio stations invest in and promote their digital offerings to listeners, driving increased attention by the ad buying community.” The report features data from Miller Kaplan Arase LLP and the Q1 revenue figure does not include network radio data. Read the entire report here.
Beasley Broadcasting Names David Wolfman WQAM, Miami LSM. Beasley Broadcasting’s sports talk WQAM, Miami announces David Wolfman is the new local sales manager at the station. Wolfman reports to director of sales Keriann Worley. He comes to Beasley from his most recent position as general sales manager for Clear Channel Miami. Prior to that, he spent several years with Interep National Radio Sales. Worley states, “David Wolfman is a proven sales leader and he will be directly responsible for revenue growth on 560 WQAM. His passion for sports, innovative thinking, and his knowledge of the Miami market make him a perfect fit for this dynamic position. We are thrilled to have him join our team.”
Dave Ramsey Visits The Queen City. Nationally syndicated talk superstar Dave Ramsey is in Cincinnati this week. Earlier he presented to a packed house his new, intimate “Building Your Legacy Live Event” in which he talked about how to win with money, strengthen marriages and lead your children with confidence. Speaker and author Jon Acuff joined Ramsey on stage. Ramsey joined with local affiliate WKRC to promote the event. WKRC general sales manager Bill Mountel says, “Cincy has been starved for a taste of Dave and now they can get a ‘double dose’ of Dave Ramsey. Cincinnati fans and 55KRC listeners are excited to have Dave in town and are already looking forward to his next visit to the Queen City!” Today, Ramsey is hosting his “EntreLeadership 1 Day Event” at Vineyard Church. Ramsey, along with speakers Jon Acuff and Chris Hogan, will speak about how to run a business using the same common sense principles that Ramsey practices in his own company of more than 300 employees. Pictured here with Ramsey are: (front row) WKRC GSM Bill Mountel, Ramsey, WKRC personality Brian Thomas, (back row) WKRC PD Scott Reinhart and CC Cincinnati market president Chuck Fredrick.
Hubbard’s WXOS, St. Louis “101 ESPN” Stands Alone. With the recent moves of KFNS and KSLG to guy talk and female-targeted programming, respectively, Hubbard Radio’s sports talk WXOS, St. Louis stands as the only full-time sports talk station in the market. In a piece by Dan Caesar in the St. Louis Post-Dispatch chronicling the station’s four-year history as a sports outlet, general manager John Kijowski discusses where the station is now and what the state of the market is for sports talk radio. Among the tidbits from Kijowski in the article is his belief in FM for sports talk: “In the sports genre, having a big FM signal in today’s world is vital for success. Then the format can’t be done on the cheap, you have to invest in it. From that respect, I feel good about what we do and I still think we have a ways to go.” It should be noted that though WXOS is the last sports station standing, its place among the stations seeking men 25-54 is not what it was a year ago, having dropped to sixth place in the most recent Arbitron PPM data. However, one of the most interesting points in the piece is Kijowski’s admission that it took four years in the format for the station to make a profit. So much for the notion that sports talk radio is an automatic money press! Read the entire piece here.
Food Nation Radio Network Signs On with Business TalkRadio Network. In a move that will take effect June 1, the weekly food talk radio show “The Food Nation Radio Network with Elizabeth Dougherty” joins the roster of Business TalkRadio Network. BTRN consulting operations officer Jeff Weber says, “We are all really excited that hosts Elizabeth Dougherty and Michael Serio are bringing this compelling program to a national audience. We’re proud to be a part of this show which is informative and fun. It’s truly a one of a kind program.” The program is based out of Genesis Communications’ WWBA, Tampa and is described by the producers as “an adventure of good food, food-related stories and compelling interviews.” Host Elizabeth Dougherty has an extensive background in food writing and culinary arts training. She has written hundreds of articles on food that have appeared in many major publications. She says of the new relationship, “We are pleased to partner with the Business TalkRadio Network as ‘Food Nation Radio’ continues to grow so that we can continue to concentrate on the cutting-edge and entertaining content we provide to our listeners each week.”
Odds & Sods. Fred Lucas’ book about talk radio, The Right Frequency (History Publishing 2012) is soaring high on two of Amazon’s Kindle best-seller lists. The book is #1 in the Public Affairs category as well as #1 on the digital texts chart…..XEPRS, San Diego “The Mighty 1090” morning drive co-host J.D. Hayworth is sitting in for Cumulus Media Networks personality Mike Huckabee all next week and on Memorial Day as well…..Fox Sports Radio continues its UFC coverage as the network simulcasts “UFC on FX: Belfort vs. Rockhold” on Saturday, May 18. The event will take place at the Arena Jaragua in Jaragua, Santa Catarina, at 9:00 pm ET. After the fights, mixed martial arts expert Larry Pepe will host a Fox Sports Radio wrap-up show with interviews and call-ins from 11:00 pm to 1:00 am ET…..CBS Radio News presents a Memorial Day Weekend special program titled “Combat Stress: Finding the Way Home” that focuses on the impact post-traumatic stress has on the lives of our military veterans. “60 Minutes” correspondent Steve Kroft anchors and speaks with veterans and top experts. The program features personal stories from veterans and their families, an in-depth exploration of treatment options, and stories of encouragement for those suffering with combat stress.
Second Amendment Petition Delivered to Congress. Salem Radio Network vice president, news & talk programming Tom Tradup (right) delivers more than 125,000 signatures in support of the Second Amendment. Accepting the signatures is Republican U.S. Representative from Texas Louie Gohmert (center) and flanked by United States Concealed Carry Association CEO Tim Schmidt (left). The network began the petition drive in response to calls for new gun legislation in the aftermath of the Sandy Hook School shootings in Newtown, Connecticut.
Talkers Weekly Affiliate Roundup. “The Freedom Feens” – syndicated by Genesis Communications Network – picks up new affiliates KTGO, Tioga, North Dakota and WZFG, Fargo-Moorhead…..Talk Media Network’s “Frontlines of Freedom,” a syndicated military news and talk radio show hosted by two-time purple heart recipient Colonel Denny Gillem, is added to the program schedule at Bonneville’s KTTH, Seattle. Additionally, Colonel Gillem will also analyze military news and issues for sister station, KIRO-FM.…..“Armed American Radio” with Mark Walters is added to the program schedule on WIBQ, Terre Haute, Indiana.
IRS Targeting of Conservative Groups Tops Talkers TenTM for Week of May 13-17. The IRS’ scrutinizing of conservative organizations for taxes was the most-talked-about story on news/talk radio during the week of May 13-17, putting it atop the Talkers TenTM. Coming in at #2 this week was the Benghazi attack investigation. At #3 was the AP phone records search by the Justice Department and Attorney General Eric Holder’s appearance before the House Judiciary Committee. Following at #4 was Syria-Israel tensions. The Talkers TenTM is a weekly chart of the top stories and people discussed on talk radio and is published every Friday at Talkers.com. It is the result of ongoing research from TALKERS. View this week’s entire chart here.