Townsquare Media Reports Q1 Net Revenue Up 6.7%. The addition of North American Midway Entertainment to Townsquare Media’s portfolio has been a boon to revenue, helping drive net revenue to $94.4 million in the first quarter. But looking at the Local Advertising segment – which it defines as revenue from “broadcast, digital and mobile advertising on our stations, streams, websites and mobile application” – net revenue was still up 4.4% on a pro forma basis. Excluding political advertising, net revenue in the Local Advertising segment was up 2.7%. Chairman and CEO Steven Price states, “Townsquare’s first quarter performance marked a solid start to 2016, driven by strong results across the company. We grew pro forma net revenue 6.7% and saw particular strength in many of our local markets.”
Crowe Joins KNBR Programming Team. Sports talk programmer and producer Jeremiah Crowe joins Cumulus Media to serve as program director for KTCT “KNBR 1050” and assistant program director for KNBR in San Francisco. Crowe comes to Cumulus San Francisco from Entercom’s crosstown sports talk KGMZ “95.7 The Game” where he was APD. He’s also served as producer at ESPN Radio working with such shows as “Mike and Mike in the Morning,” “The Herd with Colin Cowherd,” “SportsNation,” “NFL Countdown to Kickoff,” “College Gameday,” “RaceDay,” and “Fantasy Focus.” KNBR and KTCT operations manager Lee Hammer says, “We’re about to re-launch KNBR 1050, and we’re excited to have Jeremiah join our programming team to lead this effort. In addition, he’ll be working closely with me on new strategic programming initiatives at KNBR 680, plus helping to expand our growing social media platforms.”
Cooke: Is the 2016 Election AM Radio’s Last? In a piece teasing some of the content media consultant Holland Cooke will deliver during his presentation at next week’s TALKERS 2016: Bridging the Generations conference at Hofstra University, he writes today questioning whether this year’s election will be the last presidential race covered with intensity by AM radio-based talk stations. Cooke notes that recent research shows people between the ages of 18-34 – Millennials – are less familiar with AM radio than their elders and ownership of a non-car radio among that demographic is about 33%. Read more from Holland Cooke here.
Nielsen Audio Releases First Round of April 2016 PPM Data. The first of four rounds of April 2016 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 April 2016 survey period covered March 24 to April 20. You can find the complete 6+ ratings numbers from subscribing stations here. Additionally, TALKERS/RadioInfo managing editor Mike Kinosian provides his “Twelve Takeaways” from this group on the main page of our sister publication here.
The Presidential Race, North Carolina Bathroom Law, Kerry ‘Borderless World’ Speech, Facebook Anti-Conservative Content Allegations, Russian Military Build-Up, and NBA-NHL Playoffs Among Top News/Talk Stories Yesterday (5/9). The activities of the candidates for president, today’s West Virginia primary election, and Donald Trump’s relationship with GOP leaders; the ongoing controversy over the North Carolina law mandating a person use the restroom consistent with their gender on their birth certificate; Secretary of State John Kerry’s Northeastern University commencement address in which he told graduates to prepare for a “complex and borderless world”; a report that Facebook tweaks its trending list to suppress conservative topics; Russia’s reported military build-up and its tensing relations with NATO; and the NBA and NHL playoffs were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Cool Radio Sales Opportunity. Salem Media Group is seeking an account executive to work at one of the finest broadcast companies in America! Salem Radio in New York is looking for a dynamic individual to join the sales team for “AM970 The Answer,” which is news/talk format, and the legendary WMCA “AM570 The Mission, New York’s Christian Talk.” This is an amazing opportunity to make money! One to three years of media sales experience a must. Undergraduate degree required. To apply, visit the company website here. To schedule an interview, contact general manager Jerry Crowley’s assistant Laura Sheaffer at email@example.com or 212-857-9639. Salem Media Group is an Equal Opportunity Employer.
KTTH, Seattle to Address ‘Bathroom Rights’ Issue at Next ‘Freedom Series’ Event. Having explored the topics of race, religion, minimum wage laws, gun rights and more via its KTTH AM 770 Freedom Series, the station will tackle the hot-button issue of bathroom use rights at a June 29 public forum at the Washington State History Museum in Tacoma. KTTH-based nationally syndicated Salem Radio Network talk show host Michael Medved, KTTH afternoon host Todd Herman, and transgender activist and Seattle LGBT commissioner Mac McGregor will discuss “Transgender Restroom Rights: Values, Safety and the Law.” The station says the event is the latest in a series of events designed to examine issues where individual rights come into conflict in the Northwest. KTTH program director Jason Antebi states, “This is one of the most controversial and emotionally charged topics and it deserves a civil dialogue looking at all sides. I have no doubt that this will provide another opportunity for our community, on all sides of the issue, the chance to come together for a meaningful discussion with an eye toward finding understanding.”
Odds & Sods. Detroit news/talker WJR-AM “News Talk 760” was honored with the Station of the Year award from the Michigan Association of Broadcasters. Additionally, the Cumulus Media station took home 14 Best in Category and nine Merit Awards for its “outstanding talk talent, its news, sports and marketing departments, its community involvement and public affairs excellence, and for its new media and commercial production.”…..A new, weekly podcast is being produced by Second City Works and Tribune’s WGN, Chicago titled, “Getting to Yes, And,” with Kelly Leonard. The program will feature interviews with “visionaries, authors and leaders who operate at the intersection of creativity and commerce.” Some guests will include” Neil Stevenson, managing director of IDEO Chicago; cognitive psychologist Scott Barry Kaufman, author of Wired to Create; and Dartmouth scholar Sydney Finkelstein, author of Superbosses…..Production service Phantom Producer is awarded a U.S. patent on its radio imaging and production tool. The service is an online interface that allows subscribers to create sweepers and other interstitial programming elements “with a couple of mouse clicks in a matter of seconds.”…..ABC Radio is providing three, one-hour specials for use over the Memorial Day Weekend: “Tribute to the Troops 2016,” hosted by Scott Goldberg; “Summer Survival Guide 2016,” with Brad Mielke and “Return of the Summer Sequels,” hosted by David Blaustein…..WBAP, Dallas talk show host Chris Krok recently returned to his Alma Mater of Western Illinois University to accept the 2016 “Alumni of the Year” award for radio. Krok (pictured here at left with WIU professor Dr. Roger Sadler at center and Krok’s former colleague, Will Buss, who’s now on staff in at WIU’s Journalism Department at right) received the award “in recognition of contributions to the broadcast industry and the Western Illinois University Department of Broadcasting.”