HEADS UP: Talkers New York 2015 Is Nearing Sellout. Based on the diminishing number of registrations still open and the rate at which they are being filled, Talkers New York 2015 – the 18th annual installment of the talk media’s longest-running and most important national convention — will be sold out sometime next week. According to TALKERS VP/executive editor Kevin Casey, “We are gratified by the strong response this event is receiving and we clearly do not like to turn folks away – however, we must abide by New York City’s building codes, not to mention be sensitive to the comfort and safety of our attendees.” Casey continues, “There will be no registrations sold after 5:00 pm EDT next Friday May 15, if not sooner. That will be the absolute cut off point.” The event will be located at the historic India House Club dramatically situated at One Hanover Square in the heart of Manhattan’s financial district. It is an all-day event – 8:45 am to 6:15 pm. Registrations, priced at $299 per person and only open to professionals currently or recently employed in media-related industries, include all sessions, presentations, exhibits and breakfast/lunch/refreshment/and social networking activities. The heavyweight, non-stop agenda will include approximately 65 speakers and 500 attendees will be the allowed limit. Registrations can only be taken over the phone and paid for by credit card. They are not refundable or transferable. For registration, sponsorship and hotel information, please call 413-565-5413. To see the latest agenda, please click here.
Emmis Reports for Fiscal Q4 and Full Year; Net Revenue Flat in Q4, Up 1.6% on the Year. Reporting on its past fiscal year, Emmis Communications Corporation states radio net revenue for the fourth fiscal quarter was $38.8 million, up from $32.3 million from the prior year, an increase of 20%. On a pro forma basis, Emmis’ revenue reported to Miller Kaplan in the markets where Emmis competes (excluding barter and syndication revenue) were up 0.8% in markets down 2.5%. For the full year, radio revenues were $176.3 million, compared to $145.3 million in the prior year, an increase of 21%. On a pro forma basis, Emmis’ revenues reported to Miller Kaplan in the markets where Emmis competes (excluding barter and syndication revenue) were up 1.6% in markets down 3.7%. Emmis likes to frame its revenue in the context of how it performed against the markets. It goes on to say, “February marked the 15th consecutive month in which Emmis outperformed the markets in which it competes. Every measured Emmis market outperformed for full year fiscal 2015. Emmis stations in New York, Los Angeles and Austin all outperformed their markets in the fourth fiscal quarter.” President and CEO Jeff Smulyan comments on the company and the NextRadio platform. “Despite weakened markets and a challenged industry, Emmis once again outperformed. The radio industry needs a catalyst for growth, and we are convinced we have it with NextRadio, the Emmis-developed free smartphone app that marries over-the-air local FM broadcasts with visual and interactive features. The radio industry’s consumer awareness campaign for NextRadio has had remarkable results, further validating the promotional power of radio. Consumers exposed to NextRadio overwhelmingly love it. Average Time Spent Listening (ATSL) per session on NextRadio is nearly double traditional listening, all major radio companies are supporting the effort, and we are adding 350,000 activations each month. The momentum is tremendous.”
Townsquare Media Q1 Net Revenue Up 2.5%. That’s compared to the same period one year ago. The company’s 2015 first quarter net revenue was $81,118,000. The press release also notes Local Advertising net revenue was flat; Live Events net revenue increased 5.1%, and 59.7% excluding non-recurring festivals; and Other Media and Entertainment net revenue increased 29.%. Townsquare Media chairman and CEO Steven Price states, “In the first quarter of 2015, we delivered net revenue growth of 6.5% excluding political revenue and non-recurring festivals. We are pleased with our first quarter performance, in the face of challenges presented by harsh weather conditions which particularly affected our Northeastern markets. These challenges impacted our Local Advertising segment and were offset by the strength in our Live Events segment and in Other Media and Entertainment.”
Salem Media Group Flat for First Quarter of 2015. As a whole, Salem Media Group reports flat net revenue – down 0.8% revenue of $61.9 million — for the first quarter of 2015 compared to the same period a year ago. Breaking it down by sector, the broadcasting division saw net revenue dip 0.5% to $46.5 million from $46.8 million. The digital sector also reversed course and dropped 4.6% on revenue of $10.8 million. Publishing, on the other hand, rose 6.2% to $4.5 million from $4.3 million.
Schatz Back with Advantage Systems. The sales consultancy firm Advantage Systems Inc. brings Jeffrey A. Schatz back into the fold as director of integrated sales. Schatz comes to the company from Digity Companies where he was director of revenue development. Prior to that he was vice president of total marketing solutions for Townsquare Media from 2009-14. Schatz comments, “I am excited to be joining Advantage Systems Inc. again! I’ve spent the last seven years helping broadcast companies generate revenue through integrated selling. Advantage offers a variety of integrated sales platforms, which align perfectly with my experience in helping media companies maximize their sales efforts in broadcast, online, digital, and interactive. These platforms will generate an annual revenue base for our media partners in their local markets. I’ve also been involved with Musical Images and Custom Creative and am excited to be able to offer these services through Advantage Systems Creative to enhance local clients’ existing marketing efforts. It’s the perfect marriage!” Advantage president Mike Loconte says, “We are ecstatic to have a veteran like Jeff back on our team. Jeff knows the challenges experienced by our media partners first hand. He knows the ins and outs and he’s worn every hat, so he can relate to our clients in a very unique way. His experience in traditional and digital sales along with his creative experience makes him the perfect fit for this position.”
Sanchez Adds WLZL OM Duties. WNEW-FM, Washington, D.C. program director Robert Sanchez takes on further responsibilities as operations manager of CBS Radio Spanish tropical sibling WLZL “El Zol 107.9 FM.” He succeeds Pete Manriquez, who was the program director of “El Zol.” Senior vice president and market manager Steve Swenson comments, “We have a lot of talented people at ‘El Zol’ who will work with Rob in taking the station to new heights. The experiences of everyone will be of great help to Rob as the team works together. Rob is a straight shooter, he knows CBS Radio, and he is a winner. I would like to thank Pete for his work as one of the executives on my team.” Sanchez remarks, “Pete did a great job in creating a radio station that sounds wonderful. He has been incredibly supportive of his programming staff and it has shown in what comes out of the speakers.” Ever since all-news WNEW-FM debuted in November 2011, Sanchez has been the station’s only PD. Among persons 6+ in Washington, D.C.’s latest Nielsen Audio PPM report (March 2015), WLZL (1.9) and WNEW-FM (1.7) finish at #19 and #20, respectively; meanwhile, Hubbard all-news WTOP (9.1) is the market’s (6+) pacesetter for the third successive survey.
Chicago News, Talk and Urban Radio Pro Ty Wansley Dead at 63. A week after being admitted to a Chicago hospital suffering from congestive heart failure, Ty Wansley has died. Wansley’s career in Chicago spanned more than three decades and included success in urban, news, and talk formats. Wansley had been serving as the news and information director for iHeartMedia’s three urban outlets: hip hop WGCI, urban AC WVAZ and gospel WGRB. He began his career in his native St. Louis. He became news director at the old WBMX, Chicago, served as a talk host on urban talk outlet WVON and was famously paired up with former Chicago Alderman Ed Vrdolyak on news/talk WLS-AM in 1993 – a show that became a ratings smash. That show continued its success on crosstown WJJD.
Baltimore Aftermath, Prophet Drawing Contest Attack, Clinton Family Foundation Scrutiny, Tsarnaev Penalty Phase, Gay Marriage SCOTUS Case, Obama Trade Deal, Amnesty Issue, and Patriots Deflategate Report Among Top News/Talk Stories Yesterday (5/6). The political repercussions of the Freddie Gray death in Baltimore; controversy over the Garland, Texas prophet-drawing contest that was attacked by purported ISIS sympathizers; the ongoing scrutiny of the Clinton Family Foundation operations; the penalty phase of Boston Marathon bomber Dzhokhar Tsarnaev; the case of four states with anti-gay marriage laws that went before the Supreme Court; President Obama’s foreign trade deal; the controversy over amnesty for illegal aliens in the U.S.; and the NFL’s report on the Patriots’ deflation of game balls were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.