Saga Communications Reports Q2 Revenue Up 1.6%. Net revenue for the second quarter of 2015 for Saga Communications was $34.4 million – an increase of 1.6%. The company reports that free cash flow decreased $281 thousand to $5.7 million. Station operating expense increased $812 thousand to $24.3 million (station operating expense includes depreciation and amortization attributable to the stations). Operating income was $7.5 million. Net income for the period was $4.5 million ($0.77 per fully diluted share). Taking a look at the radio division, net operating revenue was $29.1 million, an increase of 0.6% over the same period a year ago.
Michael Harrison Chats with Former FEMA Director (and Current KHOW, Denver Talk Host) Michael D. Brown as 10th Anniversary of Hurricane Katrina Approaches. It was almost a decade ago (August 23-31, 2005) that Hurricane Katrina slammed into the Gulf Coast of the United States with winds of up to 175 mph and flood waters of biblical proportions rising from the ocean and falling from the sky — leaving in its wake almost 1,900 fatalities, $108 billion in damages, and countless casualties and lives upended. Michael D. Brown – the Director of the Federal Emergency Management Agency (FEMA) at the time and Under Secretary of Homeland Security (“Brownie, you’re doing a heck of a job”) became the official poster boy for everything that went wrong with the federal government’s too-little-too-late response to one of the greatest disasters in American history. Some of the criticism that fell upon Brown was deserved – but much of it wasn’t. After all, it was an epic crisis and involved numerous overlapping agencies, governments, and politicians charged with making things right. Brown took a severe beating from the media as well as a proverbial bullet for the team and stepped down from his position with the Bush Administration. A lawyer by trade, Brown went on with his life, taking away an enormous amount of wisdom and experience from the episode. Undaunted, he began speaking to groups around the country about the insidious side of politics, and the human complexity of management and team play. He wrote a candid book about his role (and responsibility) in Katrina — Deadly Indifference: The Perfect (Political) Storm, Hurricane Katrina, the Bush White House, and Beyond (Taylor Trade, 2011). He also began a successful talk show hosting career in Denver – first at KOA and then at KHOW, where he presently presides over a daily program 4:00 pm to 6:00 pm MT. In the newly posted installment of the weekly international hit podcast “Up Close and Far Out” (8/4), Brown is interviewed by TALKERS publisher Michael Harrison about inside-Washington politics, the war on terror, the nature of the political mind, the psychological profile of presidents, the general state of media and journalism as well as what his life is like as a big market talk show host 10 years after Katrina. To hear this must-listen conversation, please click here or click on the “Up Close and Far Out” player located in the right hand column on every page of Talkers.com.
Nielsen Audio Releases First Round of July 2015 PPM Data. The first of four rounds of July 2015 PPM ratings data from Nielsen Audio has been released for 12 markets including: New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Philadelphia, Atlanta, Nassau-Suffolk (Long Island), Riverside, San Jose, and Middlesex-Somerset-Union (New Jersey). The July 2015 survey period covered June 18 through July 15. You can find the complete ratings from subscribing stations here. Additionally, TALKERS and RadioInfo managing editor Mike Kinosian provides his “Ten Takeaways” from this group on the main page of our sister publication here.
Report from Podcast Movement. Longtime ABC News Radio journalist Richard Davies has been working with his co-host Jim Miegs on their podcast “How Do We Fix It?” since retiring from the network news radio business. He recently attended the Podcast Movement conference in Fort Worth, Texas. Davies reports that the recent success of “Serial” and the PR Marc Maron received for President Obama’s appearance on his “WTF?” podcast has given hope to the thousands of podcast “newbies.” “Marketers and tech firms are taking note of podcasting’s recent growth. Some companies sponsored booths and took part in Q&A sessions at Podcast Movement.” Read Davies’ entire report here.
Odds & Sods. Sports talk station KHTK, Sacramento has a new program director as Kevin Sherrets returns to the station where he began his career 18 years ago. Sherrets leaves his APD gig at Bonneville’s KKFN, Denver “104.3 The Fan” to join the CBS RADIO sports outlet…..FOX News Radio is providing GOP debate coverage to its affiliate stations. It will offer live anchored coverage of the Cleveland debates with Jared Halpern anchoring and Debbie Georgatos serving as analyst.
Nielsen’s ‘Audio Today’ Report: Blacks and Hispanics Account for Almost One Third of National AQH Audience. The quarterly radio audience report from Nielsen finds that “the broad national radio audience (those 12 or older) has hit an all-time high for the second year in a row: 245 million.” This 2015 Q2 report focuses on minority listening and Nielsen’s data shows that a “record 71.7 million Blacks and Hispanics combine to account for almost a third (29.3%) of the national AQH audience. These Black and Hispanic consumers spend more time with radio each week than any other group, and possess enormous buying power for advertisers looking to reach a qualified audience when they are away from home and in the marketplace ready to purchase.” See Nielsen’s report here.
2016 Presidential Candidates-Trump Criticisms, Planned Parenthood Videos Scandal, Cecil the Lion Death, New Obama Emissions Regulations, Battle Against ISIS, Baltimore Violence, and Search for MH370 Debris Among Top News/Talk Stories Yesterday (8/3). The activities of the candidates for president in 2016, the criticisms of Donald Trump and the possible entrance of Vice President Joe Biden in the race; the potential vote to defund Planned Parenthood in the wake of the videos scandal; the continuing outrage over the hunting of Cecil the lion; President Obama’s new power plant emissions regulations; the air strikes on ISIS targets in Syria; the Baltimore police request federal assistance as violent crime continues to skyrocket; and the search for more potential debris from flight MH370 were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.