Urban One to Pay $4.2 Million for WTEM-AM, Washington. The price tag of the deal that will transfer ownership of sports talk WTEM-AM, Washington from Dan Snyder-controlled Red Zebra to Urban One is $4.2 million. In its filing with the SEC, Urban One reports that it “expects to generate approximately $1.7 million of pro-forma EBITDA from the assets, which represents a buyer’s multiple of approximately 2.5x.” The presser from Urban One confirms that the station will continue to serve as the flagship station for Washington Redskins football. (Games and related programming will also continue to air on Cumulus Media’s WMAL-AM/FM, Washington.) Urban One president and CEO Alfred Liggins says, “This is a tremendous opportunity for Urban One and we are especially pleased that through our acquisition, ‘The Team 980’ will continue to be locally owned. The acquisition of ‘The Team 980’ is very much in line with our strategy of super-serving our community of listeners. We have deep roots in the greater Washington, DC area and are well aware that ‘The Team 980’ has always been a fan favorite. Red Zebra has a track record of producing great programming that engages our hometown sports fans. We look forward to working with the Washington Redskins organization to continue this tradition.”
PPM Analysis: All-News. Managing editor Mike Kinosian presents an analysis of the performances of stations based on data from Nielsen Audio’s April PPM survey, today focusing on the all-news format. As Kinosian notes, the April PPM survey was not kind to the all-news format with just one station – Entercom’s KCBS-AM, San Francisco – notching a gain. The station went up a 0.5 share in the adjacent San Jose market. However, comparing year-over-year numbers, about half the all-news stations in PPM markets saw their 6+ numbers increase, with iHeartMedia’s KFBK, Sacramento rising by 0.8 share. Although it went down by 0.8 share, Hubbard Radio’s WTOP-FM, Washington still ranked #1 in its market, while KCBS-AM ranked #2 in both the San Francisco and San Jose markets and KFBK ranked #2 in Sacramento. See the entire report here.
Houston Talk Host Matt Patrick Posthumously Named TALKERS 2018 “Humanitarian of the Year.” The late Michael “Matt Patrick” Ryan has been posthumously named the recipient of the TALKERS 2018 “Sharon L. Harrison Memorial Award for Outstanding Community Service by a Radio Talk Show Host” – also referred to as “Humanitarian of the Year.” Patrick was a major presence in Texas talk radio as the popular host of “Houston’s Morning News” on KTRH, Houston and his syndicated afternoon program, “The Matt Patrick Show” on KPRC, Houston and KFXR, Dallas/Ft. Worth. In September 2015, Patrick announced that he was receiving treatment for metastatic melanoma at the world-renowned M.D. Anderson Cancer Center in Houston. The 37-year radio pro underwent brain surgery in late 2015, followed by multiple rounds of chemo, immunotherapy, and radiation in 2016. Continuing to work through additional treatments, Patrick also maintained regular television appearances on Houston’s FOX 26 News, provided live coverage of the 2016 GOP National Convention from Cleveland for iHeartMedia, and rallied millions of fans during numerous public appearances to discuss “Overcoming Obstacles in Life.” Patrick’s wife and radio business partner Paula Ryan writes in TALKERS (5/21), “Although the odds of survival were not great, Matt’s invincible drive and spirit were. He was a brave and courageous warrior, leaving it all on the field. Matt’s final appearance on KTRH was July 5, 2017 where he mustered every remaining ounce of strength to publicly thank his beloved listeners and to say goodbye to this terrestrial world. Just a few days later, on July 9, 2017, Matt spoke his last beautiful words privately to me with that golden voice of his, and quietly slipped away to Heaven.” Matt Patrick was extremely active in supporting a number of charities and causes. He spoke for the Star of Hope in an effort to end homelessness, the Akron/Canton Regional Food Bank (during his earlier tenure as a talk host in Northeast Ohio between 2000-2010) and Houston Food Bank to aid food-insecure individuals and families, as well as supporting the Fisher House (free, extended-stay facilities for the families of hospitalized active-duty or retired military members and veterans) even holding a radiothon onsite (just Patrick and his engineer) in Houston to raise funds for these military families and veterans. Over the course of the last decade of his time in Ohio, he worked tirelessly to raise $15 million for Akron Children’s Hospital as the founder and original host of the “Have A Heart, Do Your Part Radiothon,” and was an active supporter of Children’s Miracle Network. Patrick was awarded the “Child Advocacy Award” of Akron Children’s Hospital for making a profound difference in the lives of the children in the community. Patrick was a recovering alcoholic. In November 2005, he achieved sobriety, one day at a time, and had helped countless others who struggled with addiction and alcoholism. He was a believer in having to “give it away to keep it” and did just that. Paula Ryan tells TALKERS, “Every year Matt and I would host ‘The Matt Patrick Recovery Show’ to publicly talk about his struggles with addiction while offering hope and resources to those who had a desire to become sober. He served in various volunteer capacities with AA and would never hesitate to meet personally with a listener or return a phone call from a complete stranger if they reached out to him asking for his help.” Patrick was a staunch supporter of law enforcement and was formally recognized by many agencies for his role in educating the public and bringing the community together working collaboratively with local police. He was named an Honorary Deputy Sheriff in Fort Bend County and was honored with a formal changing of the guard ceremony at his memorial service by several law enforcement agencies including Harris County Sheriff, Fort Bend County Sheriff, and the City Of Houston, Texas Police Chief. His 13-year-old son, Jake Ryan, was inducted into the Thin Blue Line at his dad’s memorial service as well. To view a touching video tribute to the life and career of Matt Patrick, please click here. The TALKERS “Humanitarian of the Year” award will be presented posthumously at TALKERS 2018: Full Speed Ahead! on June 8 in New York City and accepted by his widow Paula and son Jake.
WBEN-AM, Buffalo’s ‘12 Voices in 12 Hours’ Initiative Addresses Opioid Addiction. The “12 Voices in 12 Hours” initiative continues at Entercom’s news/talk WBEN-AM, Buffalo “NewsRadio 930” with the station this time addressing the opioid addiction epidemic. The station is presenting 14 hours of programming on the issue today (5/23) from 6:00 am to 8:00 pm. Each hour of programming will feature a different voice on the issue, including medical experts, addiction experts, pain management experts, recovering opioid addicts, and family members of some of the victims of the epidemic. The day’s special programming will conclude with a two-hour, live “Opioid Conversation” at the City of Tonawanda High School auditorium from 6:00 pm to 8:00 pm.
iHeartMedia First Quarter 2018 Revenue Down 1.7%. Revenue for the first quarter of 2018 for iHeartMedia’s radio division was $744.5 million – a decrease of 1.7% compared to the same period in 2017. The company, currently in Chapter 11 reorganization, did not make any statements accompanying the financial data in the 8-K report, nor is it holding an investor’s conference call. The company as a whole – including its Outdoor segments – was up 3.1% on consolidated revenue of $1.36 billion.
New York Festivals International Radio Program Awards Announces Finalists. The finalists have been announced for the 2018 New York Festivals International Radio Program Awards. The World’s Best Radio Programs competition has been taking place since 1982, receiving entries from radio stations, networks, and independent producers from around the globe. This year, NYF’s Grand Jury selected 353 finalists from entries submitted from 31 countries worldwide. Entries were judged based on production values, organization, presentation of information, creativity, and use of the medium. Vice president and executive director Rose Anderson says, “From audio books, podcasts, and sound art to documentaries, drama, and breaking news. The international Grand Jury members once again selected finalists whose content exhibited creativity and innovation.” All finalists move on to the medal round. U.S. broadcasters making it to the medal round include: CBS News Radio, SiriusXM, Westwood One, and ESPN. See all the finalists here.
Dave Schrader Assumes Host Role for ‘Midnight in the Desert.’ The Dark Matter Digital Network announces that Dave Schrader is officially named the host of the “Midnight in the Desert” program that had been hosted by the late Art Bell. Schrader has hosted “Darkness Radio,” “Beyond the Darkness,” “True-Crime Tuesday” and was a frequent weekend host for “Coast to Coast AM.” Keith Rowland, manager/operator of Rowland Network Communications, LLC for the Dark Matter Digital Network, says they are actively seeking terrestrial radio affiliates for the program. “Dave Schrader brings a wealth of experience, professionalism, and credibility to the search of the paranormal, the weird, and the anomalous that will continue to keep ‘Midnight in the Desert’ as the leading Internet-based LIVE paranormal program.”
WHO, Des Moines’ Simon Conway Celebrates 10th Anniversary as Citizen. Afternoon drive talk show host Simon Conway (pictured above with Iowa Secretary of State Paul Pate) was born in London, but back in 2008, he celebrated his new American citizenship. Conway’s program is heard on iHeartMedia’s WHO, Des Moines “News Radio 1040” and is simulcast on the company’s WMT, Cedar Rapids “News Radio 600.”
U.S.-North Korea Summit, Trump-Russia Investigation, Iran Nuclear Deal, Primary Races, Prison Reform Bill, MLB Action, and NBA Playoffs Among Top News/Talk Stories Yesterday (5/22). The uncertain status of the planned summit between President Trump and North Korea’s Kim Jong Un; special counsel Robert Mueller’s investigation into possible connections between Trump campaign operatives and Russian agents; the state of the Iran nuclear deal after the U.S.’s exit from the pact; the primary elections in Georgia, Texas, and Kentucky; the Trump Administration’s prison reform bill passes the House; Major League Baseball action; and the NBA playoffs 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. It’s rare for Salem Media Group to sell stations but, as Salem Broadcast Media president David Santrella says, “When we do, we make every attempt to ensure that the buyer will continue to program the station with a format that will make a positive impact in the community. That appears to be the case as Christian contemporary KGBI-FM, Omaha is being sold to University of Northwestern-St. Paul. The school already operates 20 non-commercial stations around the country. The school’s SVP for media Jason Sharp says, “We are grateful for the partnership we have experienced with Salem Media Group during this process. We look forward to expanding our network in Omaha and continuing the work of pointing people to Jesus through music and programming that makes an eternal impact.”