Beasley Broadcasting Reports Q4 Revenue Down Slightly; 2013 Up 4.7%. Political advertising – or the lack thereof in the fourth quarter of Beasley’s Q4 – led to a mildly down quarter as net revenue dropped a half of a percent compared to the same period in 2012. Station operating income was down 5.2% quarter over quarter. However, for the year, Beasley reports net revenue was up 4.7% and net income per diluted share was up 6.3%. Further, the company states that “lower net revenue in the 2013 fourth quarter and a $0.4 million, or 2.5%, increase in station operating expenses related to operating KVGS-FM in Las Vegas which was acquired in September 2013, as well as a rise in sales and programming expenses, caused fourth quarter 2013 station operating income (SOI), a non-GAAP financial measure, to decrease by $0.6 million, or 5.2%, to $10.2 million, as compared to the 2012 fourth quarter.” Chairman and CEO George Beasley comments, “Beasley Broadcast Group’s fourth quarter net revenue decline primarily reflects a reduction in political spending as in the fourth quarter of 2012 we recorded approximately $1.2 million in political advertising revenue. While we were not able to fully offset the cyclical impact of political revenue, the fourth quarter radio advertising environment in our markets remains healthy and on an actual basis we reported just a slight decline in net revenue compared with last year. Excluding the benefit of political advertising in the year-ago quarter, Beasley Broadcast Group’s 2013 fourth quarter same station net revenue rose approximately 2% and, reflecting our success throughout 2013, actual full year net revenue rose 4.7% while same station net revenue for 2013 was up 1.9% versus full year 2012. Overall, for our five markets that report to Miller Kaplan – which represent approximately 76% of total fourth quarter revenue – Beasley station cluster revenue declined by 2.6%, which again was primarily attributable to the cyclical nature of political advertising, while the total revenue for all reporting radio stations in these markets decreased by 4.1% for the quarter. Beasley Broadcast Group’s out-performance relative to our markets again highlights the benefit of our organization-wide focus on strong core programming and targeted localism. Our planned investments in sales and programming and the expansion of our digital offerings, combined with the revenue decline, led to fourth quarter 2013 SOI which was 5.2% below year-ago levels.”
Sliwa Child Support Case Creating ‘Tabloid’ Sensation in NYC. The child support case currently in the courts in New York involving WABC, New York talk show host Curtis Sliwa has been fodder for the city’s tabloid newspapers. Recently it was the New York Post. Now it’s the New York Daily News. The most recent court filings by Sliwa’s ex-wife Mary charge Curtis Sliwa was having an affair with now-Queens Borough president Melinda Katz prior to his marriage to Mary – and that he even spent the night before his wedding to Mary with Katz. Sliwa was in court late last year contending he can’t afford the $13,000 per month he had agreed to pay Mary Sliwa for their now-10-year-old son because his salary had been slashed to $200,000 from its high of almost $700,000. (That was when he worked for Salem, he now works for Cumulus and his current salary has not been published.) Sliwa now lives with Katz and their two children and he pays $10,000 to Katz for child care even though they co-habitate. Court documents allege that – via voice mails – Mary Sliwa can show Curtis Sliwa was having an affair with Katz for a long period of time although the two deny it started before 2011. Mary Sliwa is also contesting the claim by Katz that her children were the product of frozen sperm donated by Sliwa. Whereas this ordeal is no doubt causing financial and personal pain for the parties involved, the buzz factor generated by a scandal of this nature cannot help but draw priceless and timely publicity to Sliwa’s radio presence in the competitive New York market as he reunites with his former longtime co-host Ron Kuby on WABC. Read the most recent New York Daily News story here.
TV News Net Exec Joins Clear Channel Seattle as Market President. The new market president at Clear Channel’s Seattle cluster is Kent Haehl. The former Channel One Network chief executive officer will report to executive vice president of operations Hartley Atkins, who comments, “We are fortunate to bring someone onto our team who has such an expansive leadership and experience base. Kent’s extensive knowledge of television, media, and the industry as a whole will immediately bring additional value to our advertisers and listeners as we continue to provide a greater reach than any other media outlet in Seattle.” Haehl, who replaces Lisa Decker in the role, remarks that he is “extremely grateful” to begin working with “such a talented team of professionals.” He adds, “I am looking forward to leading the market to continued success and to unlocking the full potential of our brands in one of America’s greatest cities.” Prior to his tenure at Channel One, a daily global television news network, Haehl held senior sales and marketing positions at In-Store Broadcasting Network and Meredith Broadcasting Group.
Bartley Joins WICC, Bridgeport, Connecticut. Air personality and programmer David Bartley is named assistant program director and producer at Cumulus Media’s news/talk WICC, Bridgeport, Connecticut. Bartley – who serves with the cluster as weekend and fill-in personality on the company’s sister AC WEBE – will produce the “Talk of the Town” program hosted by Jim Buchanan. He will continue his role with WEBE. In a statement, Bartley says, “I am very thankful to Danny Lyons and Ann McManus for giving me this awesome opportunity to help program ‘Fairfield County’s News and Information Leader’ WICC 600 AM, and I am also looking forward to working daily with Jim Buchanan.”
Portland’s KXTG to Air AFL Thunder Games. As a result of a multi-year partnership agreement, Alpha Broadcasting, Portland’s sports-formatted KXTG “The Game” will be the flagship station for the Portland Thunder, the city’s Arena Football League team. Senior vice president and market manager Milt McConnell notes, “We are excited to be a part of bringing the high-scoring Arena Football League’s Portland Thunder to our community. This is an entertaining brand that extends Alpha’s ‘live and local’ focus.” Portland Thunder owner Terry Emmert adds, “Sports fans in Oregon know that ‘The Game’ is the premiere sports radio station in the State. We are thrilled to have partnered with the station and Alpha Broadcasting in airing the inaugural season of Portland Thunder Arena Football. The AFL franchise will play 18 games, including nine at home at the Moda Center. KXTG is also the flagship of the Oregon Ducks and Major League Soccer‘s Portland Timbers.
Long-Running Syndicated Health Show ‘Duke & The Doctor’ Ends. One of the nation’s longest-running syndicated health talk shows is ending after tomorrow’s broadcast. The “Duke & The Doctor” program – co-hosted by Dr. Jan McBarron (right) and her husband Duke Liberatore (left) – has been in national syndication for more than 15 years. The couple is putting the wrap on the show at the same time they are selling their chain of six health food stores in North Georgia to Utah-based Nutraceutical. Long-time readers of TALKERS magazine and industry pros who attended TALKERS’ New Media Seminar in New York City in the late 1990s and early 2000s are familiar with the colorful couple who were regular attendees at the event during those years. With the show ending and the health food store chain being sold, Dr. McBarron is focusing on her medical practice and Liberatore will become more involved with the Columbus Lions Indoor Football team of which he and McBarron are part owners.
Veteran Recognized at SOTU Featured in KFYI, Phoenix Program. When President Obama recognized US Army Ranger Sergeant First Class Cory Remsburg at the end of Tuesday’s State of the Union Address, Americans were applauding a man who was also recognized as part of news/talk KFYI, Phoenix’s “My Military Hero” promotion. Remsburg (pictured here at left with KFYI’s Mike Broomhead), was the August 2013 military hero of the month who was featured on a local billboard in the Phoenix metro and received a $500 Visa gift card courtesy of sponsor Rio Salado College. As part of the program, Mike Broomhead (heard on KFYI weekdays 4:00 pm to 7:00 pm) meets with each hero (or their family) each month to personally thank them for their service and presents them with their winnings including a mini digital billboard.
RTDNF Names Wallace Host of First Amendment Awards. This year’s host of the Radio Television Digital News Foundation (RTDNF) First Amendment Awards is Fox News Channel’s Chris Wallace. The event will be held at Washington, DC’s Grand Hyatt Hotel on March 12. Honorees include CBS News‘ Bill Plante (RTDNF “Lifetime Achievement Award”); NBC News‘ Lester Holt (Leonard Zeidenberg “First Amendment Award”); Gannett Broadcasting‘s David Lougee (“First Amendment Leadership Award”); ABC News‘ Robin Sproul (“First Amendment Service Award”); and The Associated Press (“First Amendment Award”). RTDNF chair Vincent Dully states, “We are delighted to have Chris Wallace as our master of ceremonies. We invite everyone to join us in Washington to honor our award recipients and support the Foundation’s work for the First Amendment.” Wallace received the organization’s Paul White Award in 2013, the group’s highest honor for a lifetime of achievement and service.
Former Tampa-Area Talk Host Arrested on Racketeering and Fraud Charges. Using the religious station as a backdrop for his program “It’s God’s Money,” Gary L. Gauthier convinced 38 people in the Tampa area to invest in his Ponzi scheme and, according to the St. Petersburg Tribune, bilked them out of about $6 million. During 2005, Gauthier’s program aired on Salem Communications-owned stations WTBN and WGUL, though it’s not clear if Salem owned the stations at the time Gauthier’s program aired. According to the charges, Gauthier worked with local accountant David George Dreslin on the ploy. Dreslin has also been arrested and charged. The paper’s report indicates that many of the victims said they trusted Gauthier because he was broadcasting on a Christian radio station.
Odds & Sods. The “weigh-in” for WIP-FM, Philadelphia’s “Wing Bowl 22” takes place this afternoon at Chickie’s & Pete’s as Al Morganti and Rhea Hughes broadcast live from the restaurant in a prelude to the actual sold-out “Wing Bowl” that happens Friday morning at the Wells Fargo Center…..Hubbard Radio’s WTOP, Washington adds popular Washington Post columnist Clinton Yates to its lineup as a contributor with a daily commentary called, “My Take.” It’ll air at 5:35 and 8:35 each morning, Monday through Friday. Yates says, “Radio is the original journalism media that I fell in love with as a kid. The opportunity to work with a powerhouse station like WTOP is tremendous.”…..Multi-talented broadcaster Kate Delaney – host of the syndicated “America Tonight” show – sharpens her sports talk skills as she sits in for Newy Scruggs on the NBC Sports Radio Network’s midday show on Tuesday, February 4.
State of the Union Address, ObamaCare Criticism, Immigration Legislation, U.S.-Afghan Relations, Snow Paralyzes South and Financial Markets Activity Among Top News/Talk Stories Yesterday (1/29). Analysis of President Obama’s State of the Union Address; scrutiny of the rollout of the Affordable Care Act; criticism of House Speaker John Boehner and plans for immigration legislation that includes amnesty; the worsening of relations between the U.S. and Afghanistan’s Hamid Karzai; the winter weather that hit the South and the activity on the world’s financial markets were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.