Cumulus Media Reports 4.1% Decrease in Net Revenue. For the second quarter of 2016, Cumulus Media announces net revenue was $287.2 million, down from the Q2 2015 figure of $299.3 million. That number wasn’t so surprising as CEO Mary Berner has been stating that the turnaround of the company would take some time. The decrease in net revenue was attributable in part to a decline in local spot sales that offset growth in national, political and digital as well as the effects of the shutdown of NASH magazine. Also, expenses rose by $12.2 million due to new sports rights fees and an adjustment from a recalculation of 2015 music license fees. Westwood One had a challenging Q2, down 13.8% — or $12 million – over the same period in 2015.
E.W. Scripps Radio Division Down 6.4%. The 2016 second quarter numbers from E.W. Scripps were pretty good in the company’s television and digital segments – up 15% and 20% respectively – whereas the radio segment was down 6.4% on Q2 revenue of $18.2 million. A look ahead to the third quarter doesn’t see improvement. The company’s forward-looking statement is for radio revenue to be down in the mid-single digits and radio expenses to be up in the mid-single digits.
D’Marco Farr to Exit ‘100 ESPN’ in St. Louis; Talent Search for Replacement Is On. Former St. Louis Rams great D’Marco Farr is leaving WXOS, St. Louis “101ESPN” and the afternoon drive “The Fast Lane” show after seven years for new opportunities. “101ESPN” program director Chris “Hoss” Neupert says the station is beginning a talent search right away for the right personality to work alongside co-hosts Randy Karraker and Brad Thompson plus producer Brad Barnes. Neupert says, “‘101 ESPN’ is looking for hardworking and well-informed on-air teammates who can help the show continue to succeed and grow. The perfect candidate is a highly entertaining and stand out on-air talent who has a real passion for all sports.” Find all the info about the gig here.
The Presidential Race Tops the Talkers TenTM for the Week of August 1-5. The activities of presidential candidates Hillary Clinton and Donald Trump were the most-talked-about story on news/talk radio during the week, landing atop the Talkers TenTM. At #2 was the controversy over the $400 million payment by the US to Iran on the day Americans were released from Iranian custody. Coming in at #3 was public opinion about and the actions of the Black Lives Matter movement, followed by the allegation by Wikileaks founder Julian Assange that the US was funneling weapons to Syrian rebels via Benghazi at #4. 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 entire chart here.
Nielsen Audio Releases Fourth Round of July 2016 PPM Data. The fourth and final round of July 2016 PPM ratings data from Nielsen Audio has been released for 12 markets including: Austin, Milwaukee, Indianapolis, Providence, Raleigh, Norfolk, Nashville, Greensboro, West Palm Beach, Jacksonville, Memphis, and Hartford. The June 2016 survey period covered June 16 through July 13. 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.
Connecticut Radio Pro Sebastian to Launch Internet Venture. Via the Radio Button Network, well-known Connecticut radio personality Sebastian is debuting a new program called “Sebastian Uncensored.” The former WCCC and WZMX, Hartford jock will showcase his program on this 24/7 online personality station fully owned and operated by him, and managed by the Radio Button Network. It debuts on Monday, August 8. Sebastian comments, “I did not have a platform in radio that would allow the show I envisioned for 2016 and beyond. This new media fits exactly with what I needed to do MY type of show again.”
Odds & Sods. San Antonio talk radio star Trey Ware is being inducted into the Texas Radio Hall of Fame on October 29. The KTSA, San Antonio morning drive personality will join KTSA’s Elizabeth Ruiz, the late Johnny Shannon, and his father – legendary South Texas broadcaster Ricci Ware in the Texas Radio Hall of Fame…..There’s no shortage of audio coverage of the 2016 Olympic Games from Rio de Janeiro. Westwood One has partnered with U.S. Olympics rights holder NBCUniversal and will present live radio coverage of the Games today through the closing ceremony on Sunday, August 21. WW1’s coverage can also be heard via SiriusXM and TuneIn…..SiriusXM personality John Fugelsang – host of “Tell Me Everything” – is embarking on a special broadcast that will air on Tuesday, August 9 at 2:00 pm ET on the Insight channel. The program will be a one-hour broadcast from a submersible deep in the ocean off the coast of Bermuda that is designed to set the world record for the deepest underwater live radio show and bring attention to protecting the deep ocean. Fugelsang is joining a research team launched by Nekton, a UK-based scientific research charity formed by scientists from a dozen marine research institutes, to help raise awareness of the health and resilience of Earth’s least-explored and largest ecosystem…..Meruelo Holdings-owned hip hop outlet KDAY, Los Angeles announces it will be the Southern California affiliate for Oakland Raiders football. It will also enhance game coverage with exciting Raiders-oriented additional programming. Meruelo and KDAY president Otto Padron says, “No other brand in SoCal speaks to the loyal Raiders Nation better than KDAY…our sound, attitude and colors are a natural fit for this legendary pro football franchise. We are very excited with this new NFL partnership and KDAY is the right destination for the more than 2 million Raiders fans in our LA market.”…..BlogTalkRadio, in conjunction with P.I. Media, is presenting the Curious Minds podcast series, the “Heroes Of Podcasting.” It features interviews with pioneers of podcasting, some of whom have been trailblazing as far back as 2004. The show is co-hosted by Ran Levi and Kelly O’Laughlin. The first in the series features special guest, professor Karlheinz Bradenberg, inventor of the MP3 format.