Saga Communications Reports Net Revenue Up 4.7% in Q4; Radio Segment Rises 2.6%. The company operates both radio and television stations and the 4.7% net revenue increase on $37.3 million is for the company as a whole. The radio segment’s fourth quarter net revenue was $30.3 million – an increase of 2.6%. For the whole of 2016, the radio segment was up 6.2% on net revenue of $119 million.
Radio One Fourth Quarter Revenue Rises 3.8% on Strength of Television and Political Advertising. Of the four major categories of revenue that Radio One reports – radio advertising, political advertising, digital advertising, and cable television advertising the latter three saw healthy increases while radio advertising dipped 8.5% in the fourth quarter of 2016. It’s far and away the biggest category with net revenue of $51.02 million. Cable television advertising was up 18.1% on net revenue of $22.67 million. For the year of 2016, Radio One’s radio broadcasting net revenue was down 1.5% on $194.5 million.
DGital Media and Essence Partner for ‘Yes, Girl!’ Podcast. A new collaboration between audio entertainment firm DGital Media and Essence results on the new podcast “Yes, Girl!” The weekly podcast – available via iTunes, Google Play, Spotify, Stitcher, TuneIn and more – “allows Essence editors to marry two things that they love: podcasts and buzzworthy interviews with bold, beautiful and brilliant women of color.” The show is hosted by Essence editors Cori Murray and Yolanda Sangweni — along with relationships editor and resident “love guru” Charli Penn. “Yes, Girl!” will also feature conversations with celebs and influencers.
TALKERS News Notes. A group of podcast producers is working together throughout the month of March to promote podcast listening to the public. Dubbed #trypod, the movement includes the hosts of hundreds of podcasts encouraging listeners to seek out friends who aren’t podcast listeners to get them to try it. Listeners are encouraged to share their favorite podcasts and why they listen with the hashtag #trypod. Content creators and platform operators involved include: NPR, WNYC, iHeartRadio, Midroll, ESPN, and others…..United Stations Radio Networks names Neil Barry to its advertising sales department as executive director/brand sponsorships. Barry has spent the past 25 years in the media industry serving with companies including: CBS RADIO, CBS Local, Cox Digital Solutions and ABC Radio Networks…..Emmis Communications adds another FM signal to its sports talk radio brand “The Fan” originating from WFNI, Indianapolis. Translator W298BB at 107.5 FM will begin airing the station, effective March 30. Emmis says that it is working with the FCC to resolve the interference problem from translator W228CX at 93.5, the signal that’s been the format’s FM presence…..Westwood One EVP of News & Talk Bart Tessler announces that Westwood One News renews some of its key top 10 market client stations and adds a couple more. The company says it renews with CBS RADIO all-newsers WINS, New York; KYW, Philadelphia; WBZ, Boston; and adds WWJ, Detroit. Now, also carrying Westwood One News are the Bloomberg major market stations WBBR, New York; WDCH, Washington; WXKS-AM, Boston; and KNEW-AM, San Francisco. Westwood One News is also airing on SiriusXM’s POTUS and Progress channels.
ObamaCare Overhaul, North Korean Missile Threat, Trump’s Obama Wiretapping Allegations, Ben Carson Speech Flap, New Travel Ban Signed, Sessions-Russia Case, and NBA-NHL Action Among Top News/Talk Stories Yesterday (3/6). The Trump Administration’s and the GOP’s plans to alter the Affordable Care Act; North Korea’s aggressive development of its missile program and the U.S.’ moving forward with installing an anti-missile defense system in South Korea; The Trump Administration’s continuing charge that President Obama ordered the wiretapping of Trump Tower; the reactions to HUD Secretary Ben Carson’s allusion to slaves as immigrants; President Trump signs the new travel order; Attorney General Jeff Sessions statements that he did not mislead the confirmation committee by not disclosing his meetings with Russian Ambassador Sergey Kislyak; and NBA and NHL action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Music Radio News and Career Moves. By splitting KDEY-FM, Ontario, California off the simulcast of Los Angeles urban signal KDAY, Meruelo Media re-launches hip hop KDEY-FM as “The New Wild 93.5” in the Riverside-San Bernardino market. Meruelo Media president and COO Otto Padron says, “This much-awaited Riverside metro launch comes after a long process of engineering, design and market studies. It adds a key radio asset to our growing portfolio of highly recognized media brands in one of the fastest-growing markets. The saving and growing of heritage Los Angeles radio station KDAY has been a thrilling, three-year ride – we owe it to our music fans to keep innovating and expanding – Riverside is key.” Program director Adrian “AD” Scott adds, “Los Angeles loves KDAY – Riverside will love ‘WILD!’ This is the Inland Empire’s new home for hip hop and R&B, listeners in the ‘I.E.’ will know the difference and love the sound that the new ‘Wild 93.5’ brings.”…..Longtime KNCN, Corpus Christi “C101” rock radio personality Dan Rios returns to the iHeartMedia rock station where he had been half of the “2 Guys in the Morning” show with Rex Gabriel from 1996 through 2006, reuniting with Rex for the new “2 Guys” show. Rios had been hosting afternoons at Withers Family Texas Holdings’ crosstown alternative KYRK “106.5 The Shark.”…..On the heels of Sean McMasters’ recent exit from its Albany country outlet WGNA, Townsquare Media brings market pros Brian Cody and Chrissy Cavotta aboard to host the “Brian and Chrissy” morning drive show. The pair was most recently at Pamal’s crosstown CHR WFLY…..Entravision Communications chief strategy officer Esteban Lopez Blanco is named the recipient of Borrell Associates’ 2017 Award of Merit for outstanding leadership and innovation in local media. The award was presented yesterday (3/6) before the more than 300 media executives at Borrell’s 8th annual Local Online Advertising Conference at the Grand Hyatt in Manhattan. Borrell Associates CEO Gordon Borrell comments, “Esteban is one of those internal guiding forces that any company would be lucky to have. His work with Entravision’s TV and radio group has made the company a shining example among not only Hispanic media, but all local media, about how to embrace the future and make it their own.”