Cumulus Media’s 2015 Q2 Report: Net Revenue Dips 8.8%. That negative number is not so surprising because Cumulus had issued forward-looking statements that predicted results pretty much in line with what the final numbers turned out to be. Net revenue for the quarter was just shy of $300 million, accounting for the 8.8% decrease compared to the same period a year ago. Broadcast advertising was down 8.4% and the digital advertising category was off 19.5%. Further breaking down the broadcast advertising category, network and national sales took the biggest hits – down 16% and 10.8%, respectively – and local ad sales slipped 3.9%.
Cooke: Local Radio Still an Opportune Career Path. In a brand new installment of Talkers TV, media consultant Holland Cooke calls “this latest round of corporate cutbacks real scary.” And he predicts there are more firings to come saying, “financially, it’s inevitable.” Still, Cooke reckons, “This can be an opportune time for on-air talent,” because, in his view, “so much of what now comes out the speaker has been automated and voicetracked and has become so ‘un-local,’” and because “listeners and advertisers can hear the difference.” In a two-part series in his monthly newsletter, HC outlines where employment opportunity lies and what salaries are typically being paid. And Cooke stresses two skills imperative for today’s job-seekers: digital production savvy, and, as he puts it, “knowing how to actually get hired.” He emphasizes that “simply knowing how to do your job won’t GET you your job.” If you attended Talkers New York 2015, you already have part one, in the June issue of Holland’s newsletter, which was distributed at the conference. Part two is in the August issue, which is available even to non-subscribers. Click here for download instructions. To view Cooke’s presentation on Talkers TV please click on the Talkers TV box in the upper right hand column on every page of Talkers.com.
ESPN Radio Announces August Lineup for Former Cowherd Slot. With the recent benching of soon-to-be-exiting personality Colin Cowherd, ESPN Radio goes to its O&O stations as well as the network for talent to fill the 10:00 am to 1:00 pm ET network time slot. Next week, KEPN, Los Angeles “ESPN LA 710” afternoon drive hosts Max Kellerman and Marcellus Wiley will be heard nationally. The weeks of August 10 and 17 belong to network personality Michelle Beadle and ESPNLA’s Ben Lyons. For the week of August 24, WMVP, Chicago afternoon drive duo Tom Waddle and Marc Silverman – a.k.a. “Waddle & Silvy” – will be featured on the network program. ESPN Radio has not yet announced a permanent show to fill the spot where “The Herd with Colin Cowherd” aired.
KTAR-FM, Phoenix Newsman Ned Foster to Retire. After a career that has spanned 40 years in radio news, “Arizona’s Morning News” anchor Ned Foster will retire from the station at the end of November. The Boston native is enshrined in the Arizona Broadcast Hall of Fame. Foster, who has worked at such heritage signals as WBZ-AM, Boston; KFWB, Los Angeles; and WOWO, Fort Wayne, says, “It’s hard for me to believe how fortunate I’ve been and how much fun I’ve had. I am humbled and gratified beyond words that so many people over so many years found it worth their while to tune in. Thank you!” Bonneville Phoenix VP of content and operations Ryan Hatch adds, “Ned is the consummate newsman and he’s had an absolutely remarkable career. We can’t thank him enough for helping Arizona commuters get to work informed and on-time each morning.”
Odds & Sods. A joint effort between Alpha Media Portland and Seattle’s Feedback Media is bringing the business talk radio show “Business Briefing” with Brian Bushlach to Sinclair Radio’s news/talk KVI, Seattle. The show – a popular Portland market program for the past 10 years – will air on Saturday mornings at 8:00. Bushlach says, “Seattle is the epicenter of American business. Boeing, Microsoft, Amazon, Starbucks, Costco, Nordstrom, Expedia and Alaska Airlines have become household names, but think about companies like Tommy Bahama, Trident Seafoods, REI and others who are also leaders in their sector. We’re looking forward to featuring companies big and small, with execs and owners sharing their stories each weekend.”…..Media commentator and public relations expert Raynard Jackson is sitting in for Roland Martin on his nationally syndicated midday talk radio show (7/30 and 31). Jackson’s guests include actress/entrepreneur Erika Alexander, hip hop artist BriaMarie and former NFL player Mike “Scooter” McGruder…..ABC Radio announces some of the special Labor Day programming it is offering. The three one-hour specials are: “The Election Show: 16 Things to Know Before 2016,” co-hosted by ABC News correspondent Cheri Preston and ABC News political director Rick Klein; “Back to School Survival Guide,” hosted by Michelle Franzen; and “Streamline and Simplify Your Life,” hosted by Scott Goldberg…..Football season is upon us and FOX Sports Radio says its continuing a partnership with Big Ten Network to present an audio simulcast of the latter’s “BTN Live” television show to radio station affiliates. Beginning August 10, the program will be available for air Monday through Friday from 6:00 pm to 7:00 pm ET. The show is hosted by Big Ten Network personalities Dave Revsine, Mike Hall and Rick Pizzo, with Big Ten Network analysts Gerry DiNardo, Howard Griffith and other special guests…..Woof Boom-owned news/talk WHBU-AM, Anderson-Muncie, Indiana (also heard on translator W279CL, Anderson at 103.7 FM) moves local personality Doug Zook to the 7:30 am to 9:00 am slot and begins airing Premiere Networks’ Sean Hannity in the afternoon drive daypart.
TALKERS Weekly Affiliate Roundup. The sports talk show “Jay Mohr Sports” from Premiere Networks and FOX Sports Radio Network is added to the lineup at the following stations: KVET, Austin; KHKA, Honolulu; WOLF-AM, Syracuse; KQWB, Fargo; and WKGN, Knoxville…..The Envision Networks-syndicated Sunday night talk show “The John and Leah Show,” featuring hosts John Ziegler and Leah Brandon, is added to the lineup at WPGP, Pittsburgh “AM 1250 The Answer.”…..The GCN-syndicated “Freedom Feens” show is added to the program schedule at KTKK, Salt Lake City.
WQAM, Miami Covering College Football. Pictured here (from l-r) are: Miami Hurricanes play-by-play voice Joe Zagacki, WQAM afternoon drive host Marc Hochman, and Ohio State Buckeyes head coach Urban Meyer at the Big 10 media days in Chicago. Hochman tells TALKERS that the station partnered with the Capital One Orange Bowl to broadcast from all of the major college conference media days.
2016 Presidential Candidates and Trump Criticisms Tie for Top Spot on Talkers TenTM for Week of July 27-31. The activities of the candidates for president in 2016 and the extreme media attention Donald Trump is receiving tied for the most-talked-about news/talk radio stories of the week. At #2 was the case of the hunting and killing of Cecil the lion by a Minnesota dentist. Coming in at #3 was the Planned Parenthood videos scandal and following at #4 was the debate over immigration policy in the United States. 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. View this week’s chart here.