Report: CBS RADIO IPO Coming by End of the Month. That’s the story from Bloomberg News after it became aware of a prospectus for senior notes for CBS RADIO due in 2020. The piece notes that this is an indication it does not have a qualified buyer interested in the 177-station group valued at approximately $2.9 billion. Industry watchers did not expect a single buyer to appear and the sell-off was widely anticipated, but now we know it’s happening soon. Read the Bloomberg piece here.
Hillary Clinton Email Investigation, The Presidential Race, Weekend Terror Attacks in Baghdad, Saudi Arabia and Bangladesh, Battle Against Islamic State, Rio Olympics Troubles and MLB Action Among Top News/Talk Stories Yesterday (7/5). The FBI’s decision not to indict Hillary Clinton over her use of a private email server for State Department business; the activities of presidential candidates Hillary Clinton and Donald Trump; the aftermath of weekend terror attacks in Baghdad, Saudi Arabia, and Bangladesh; the efforts to stop Islamic State forces in the Middle East and to prevent IS-inspired terror attacks abroad; the reported troubles facing the Rio De Janeiro Olympic Games; and Major League Baseball action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Nielsen Audio Releases First Round of June 2016 PPM Data. The first of four rounds of June 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 June 2016 survey period covered May 19 to June 15. 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.
Entercom Boston VP/Market Manager Phil Zachary Joins Michael Harrison This Week on ‘Up Close and Far Out.’ In what Michael Harrison describes as “an amazing conversation” about radio, music, politics, sports, media and the generational divide, he and Entercom Communications VP/Boston market manager Phil Zachary engage in a candid, illuminating dialogue on this week’s episode of the PodcastOne award-winning show, “Up Close and Far Out.” As market manager of Entercom’s Boston properties, Zachary oversees tremendously important and influential properties including legendary rock emporium, WAAF-FM; heritage news/talker WRKO-AM; groundbreaking hyper-local sports talk giant WEEI-FM; ESPN Radio 850 AM; and the Boston Red Sox Radio Network. Harrison says, “I am particularly delighted to have Phil Zachary as my guest on this program. He is a seasoned 43-year veteran of many formats of radio who has served as a programmer, manager and executive with such major operations as CBS, iHeart, Curtis and now Entercom. Phil is clearly one of the smartest people in the business and really has the opportunity to expound deeply on a wide variety of topics within the format of this podcast. This conversation is a ‘media freak’s delight!” To listen to the entire podcast, please click here or click on the “Up Close and Far Out” player boxes located in the right-hand column on every page of Talkers.com and RadioInfo.com.
Former Fox News Personality Gretchen Carlson Files Sexual Harassment/Retaliation Suit Against Roger Ailes. Eleven-year Fox News Channel personality Gretchen Carlson exited the network on June 23 and today is announcing she’s filing a sexual harassment and retaliation lawsuit against Fox News chairman and CEO Roger Ailes. Carlson was part of the three-person morning show “Fox & Friends” from 2005 through 2013. Since leaving that program she’d been hosting “The Real Story with Gretchen Carlson” from 2:00 pm to 3:00 pm daily Among the allegations Carlson levels against Ailes is that after complaining about workplace inequality, Ailes made sexual advances toward her – which she rebuffed – and as a result was “fired” from the “Fox & Friends” show and moved to the less-watched afternoon daypart. The suit is filed in Superior Court in New Jersey and details a list of allegations of sexually-charged comments and other wrongful behavior by Ailes. Ailes and Fox News have not publicly responded to the suit.
William J. Kelly Hosts Middays at WCGO, Chicago; Adds Sales Manager Duties. At the Kovas Family GST Trust-owned talk station WCGO, Chicago, William J. Kelly’s “The Citizen Kelly Show” program moves into the midday slot and Kelly adds station sales manager duties to his responsibilities. Kelly comments, “I’m thrilled to be moving to middays at WCGO. To me, this move represents an opportunity to make Chicago radio great again. Great like it once was but isn’t now. With ‘The Citizen Kelly Show,’ first, we will capture the hearts and minds of people throughout Chicagoland and then…the world.”
Odds & Sods. The Atlanta-Journal Constitution’s Rodney Ho reports that WVEE, Atlanta “V103” morning personality Ryan Cameron is joining Mike Conti on sister sports talker WZGC “92.9 The Game” for Atlanta Falcons pre-game shows this fall. Ho reports the urban contemporary personality has been making recent appearances on WZGC shows to talk sports. Cameron will work from the Georgia Dome for home games and from the WZGC studios for away games…..Former WLW, Cincinnati personality Marc Amazon is launching a podcast titled, “Surviving the Startup.” In describing the show, Amazon says, “Think ‘Shark Tank’ minus the investing part.” Each show will feature Amazon, along with a successful entrepreneur co-host, hearing pitches for startups. The co-hosts will rotate with each episode. The podcast will be available via iTunes, Stitcher and Google Play.