NOW POSTED: This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted on the website of its flagship station, WONK-FM in Washington, DC. This new episode titled “Each Passing Tik of the Clok!” looks back at this past week of August 3-7, 2020. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS; Mike Gallagher, talk show host, Salem Radio Network; Pat McCrory, talk show host, WBT, Charlotte / former Governor of North Carolina; Howard Monroe, talk show host / station owner, WVLY, Wheeling, WV; Levi Browde, executive director, Falun Dafa Information Center; and Victoria Jones, executive director, DC Radio Company. This acclaimed news/talk radio show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WRKO, Boston; WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; WVLY, Wheeling, WV; WTRW-FM, Scranton/Wilkes Barre, PA; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; WGDJ, Albany, NY; WJFN-FM, Richmond, VA; WZFG, Fargo; KTGO, Tioga, ND; KWAM, Memphis; K-NEWS, San Luis Obispo; WCHM, Clarkesville, GA; WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; the Virginia Talk Radio Network; Pioneer Valley Radio in Springfield, MA; Podcast Radio, UK and many more. To listen to this week ’s episode, please click here. To view the latest TALKERS magazine topic research, please click here. “The Michael Harrison Wrap” is now available in syndication via Talk Media Network to stations across America on a market exclusive basis. For affiliation information, please click here or call 616-884-8616.
Salem Media Group Q2 Revenue Down 18.3%. Reporting its financial data for the second quarter of 2020, Salem Media Group says revenue for the quarter was $52.9 million, a decrease of 18.3% compared to the same period in 2019. Operating expenses decreased 9% during the quarter to $53.8 million from $59.1 million. After posting operating income of $5.6 million in Q2 of 2019, Salem reports an operating loss of $0.9 million. Breaking down the report by segment, net broadcast revenue decreased 19.6% to $39.5 million from $49.1 million; Station Operating Income (“SOI”) decreased 43.9% to $6.4 million from $11.4 million; and Same Station net broadcast revenue decreased 17.4% to $38.7 million from $46.9 million; and Same Station SOI decreased 43.9% to $6.5 million from $11.6 million. Salem’s digital media revenue decreased 5.2% to $9.4 million from $10.0 million; and digital media operating income decreased 22.6% to $1.8 million from $2.3 million. Publishing revenue was down 29.8% to $4 million from $5.6 million; and publishing operating loss increased to $1.6 million from $0.1 million.
Entercom’s Q2 2020 Revenue Decreases 54%. The second quarter 2020 financial report from Entercom reveals net revenue was $175.9 million, a decrease of 54% from the $380.7 million reported in Q2 of 2019. Spot revenue declined 65% on a year-over-year basis while digital revenue rose 19%. Entercom reports that reflecting its cost management initiatives implemented to address the pandemic and lower levels of advertising spending, station expenses for the quarter declined 32% to $188.9 million, compared to $277.9 million in the second quarter of 2019 while corporate expenses for the quarter declined 45% to $8.4 million, compared to $15.2 million in the second quarter of 2019. The company reported operating income of $64.8 million in Q2 of 2019, but this year reported an operating loss of $45.3 million (that included a non-cash impairment charge of $4.2 million). Adjusted EBITDA for the quarter was a loss of $20 million, compared to income of $87.6 million in the second quarter of 2019. Entercom president and CEO David J. Field says, “While Entercom generated significant revenue and EBITDA growth prior to the pandemic, second quarter results reflect the impact of the national economic challenges that quickly emerged as many advertisers closed businesses and significantly reduced their ad spend. Given our national leadership position in sports, second quarter top-line results were also significantly impacted by the cancellation of virtually all scheduled sporting events during the quarter. Excluding the impact of cancelled sports play-by-play, second quarter revenues declined 47%. However, after bottoming out in April, we have achieved significant sequential improvement every month through the summer with third quarter business on books already 30% greater than where the second quarter finished. The pandemic challenges accelerated our on-going transformation initiatives with a heightened focus on enhancing our business model, accelerating our growth opportunities, more fully integrating our powerful product offerings, and improving our service to both listeners and customers. In this regard, we implemented a range of company-wide initiatives, which lowered second quarter total cash operating expense by approximately $97 million, which exceeded our budget. In addition, we secured our strong liquidity position through an amendment to our credit facility and ended the second quarter with $208 million of cash, up from $189 million at the end of March. Looking ahead, as the country’s #1 creator of original, premium audio content with robust data, analytics and attribution capabilities, scaled audience reach and a leadership position in virtually every segment of the dynamic and growing audio market, including broadcasting, podcasting, digital, events, network, sports and news, Entercom is strategically well-positioned for future growth and performance. Improving revenue trends combined with enhancements to our business model and active management of our balance sheet will enable Entercom to emerge as an even stronger company and build meaningful shareholder value. I want to thank our team for their resilience, dedication, and exceptional work as they have gone above and beyond to serve our listeners, advertisers and communities under the most challenging of circumstances over the past several months.”
Round Four of July PPMs Released. The fourth and final round of ratings data from Nielsen Audio’s July 2020 PPM survey has been released for 12 markets including: Austin, Raleigh, Indianapolis, Milwaukee, Nashville, Providence, Norfolk, Jacksonville, West Palm Beach, Greensboro, Memphis, and Hartford. Nielsen’s July 2020 survey period covered June 18 – July 15. You can see all the 6+ data from subscribing stations here. Meanwhile, TALKERS managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In Austin, Waterloo Media Group’s news/talk KLBJ-AM tacks on two-tenths for a 5.7 share and the #3 rank in the market. iHeartMedia’s news/talk WTKK-FM, Raleigh rises from the #6 rank to #3 after adding six-tenths and finishing the survey with a 6.8 share. Emmis Communications’ news/talk WIBC-FM, Indianapolis inches up one-tenth to a 7.5 share, good for the #4 rank. In Milwaukee, Good Karma Brands’ news/talk WTMJ holds steady at a 5.5 share but rises one spot to the #5 rank while iHeartMedia’s news/talk WISN dips four-tenths to a 6.8 share and the #4 rank. Cumulus Media’s WWTN-FM, Nashville adds two-tenths to wrap the survey with a 4.8 share good for the #9 rank. In Jacksonville, Cox Media Group’s WOKV-FM continues in the #2 rank after dipping four-tenths and finishing with a 9.5 share. See Mike Kinosian’s complete Ratings Takeaways report here.
NAB’s Gordon Smith Averted Stroke. The report of NAB CEO Gordon Smith’s stroke yesterday (8/6) was premature, according to Smith himself. He issued a public statement that clarifies the original press release from the NAB and thanks people for the outpouring of support he’s received. He says, “Your prayers and kind words have meant the world to me and my family. I am delighted to tell you that after a very extensive MRI last night it was discovered that I did have a blood clot, but thanks to the quick medical intervention I received, an actual stroke was averted.”
Cumulus Media Announces New Employment Agreement with Exec Suzanne Grimes. A new employment agreement between Cumulus Media and Suzanne Grimes has been filed with the SEC. Grimes will continue to serve as executive vice president of corporate marketing for Cumulus and president of Westwood One. The pact runs through December 2022 and includes provisions for automatic one-year extensions. Grimes’ base salary is $650,000 and she’s eligible for performance-based bonuses.
Shaffer Adds APD Duties at ‘104.5 The Zone’ in Nashville. WGFX-FM, Nashville
“104.5 The Zone” morning show producer Jonathan Shaffer adds assistant program director duties to his responsibilities. Cumulus Media says the 14-year Nashville radio pro will continue in his role as morning show producer for the sports talk station. Station PD Paul Mason says, “Jonathan has demonstrated that he is ready for this challenge. He’s earned this opportunity and I look forward to working with him as we move forward toward reaching our goals at ‘104.5 The Zone.’” Shaffer comments, “I am proud and honored to be part of such a talented, committed team at ‘104.5 The Zone’. I am very excited about this opportunity and am looking forward to contributing to The Zone’s continued success.”
iHeartMedia Names Tias Schuster SVP of Programming for West New York. Programming pro Tias Schuster moves from iHeartMedia’s Norfolk, Virginia operations where he was SVP of programming and PD for two of its music brands, to West New York to serve as SVP of programming for Rochester, Syracuse and Binghamton. In this new role, Schuster will oversee more than 19 stations in the Rochester, Syracuse, and Binghamton markets. He’ll report to iHeartMedia West New York president Robert Morgan. Schuster says, “It is great to be back with my iHeartRadio family in Upstate New York. I’m honored to work alongside the legendary personalities and management in these markets! I want to give a special thanks to iHeartMedia for the opportunity.”
WIP, Philadelphia’s Howard Eskin ‘Walks to Tampa’ for Charity. Philadelphia sports media figure Howard Eskin is almost three-quarters of the way to Tampa (figuratively speaking) as he continues his PDQ Signature Systems-sponsored, two-month charitable effort. “Howard Walks to Tampa” has the “SportsRadio 94WIP” air personality walking the virtual 1,103-mile distance between the Philadelphia Eagles’ home base of Lincoln Financial Field and Raymond James Stadium in Tampa, the location of Super Bowl LV, to raise money for fighting local hunger and animal welfare. Money raised from Eskin’s daily walks, which will run through September 13 prior to the start of the Eagles 2020 season, will benefit Philabundance, Delaware Valley’s largest hunger relief organization, and the Brandywine Valley SPCA, a nationally recognized leader in progressive and lifesaving initiatives in animal welfare. Eskin says, “It’s been a tough time in our country due to the COVID-19 pandemic. Without any games or practices to attend, I needed an escape. So, I started walking. It’s been great for my physical and mental health and raising money for two great charities like Philabundance and Brandywine Valley SPCA makes it even better.” To date, Eskin has walked 736 miles with only 367 miles to go before September 13 and has raised more than $10,000 for Philabundance and Brandywine Valley SPCA.
TALKERS News Notes. There’s a documentary about the rise and fall of former WFAN, New York sports talk personality Craig Carton set to be released on October 7 from HBO Sports and StreetSmartVideo titled, “Wild Card: The Downfall of a Radio Loudmouth.” According to a story in the Rockland/Westchester Journal, the film will include Carton talking about his story in his own words. Carton was released early from his three-and-a-half-year prison sentence for fraud in June and is finishing his sentence in home confinement. HBO Sports VP Peter Nelson says, “Craig Carton’s radio persona gained him a public following, while his private struggles lost him everything one casino run at a time. Many knew Carton, but never knew his secrets, as we learn from Carton himself in this documentary about success, self-destruction, lies and blackjack.”…..According to a report in Dmagazine, a documentary film about the life and career of Dallas sports talk radio legend Mike Rhyner is being produced. Dallas media pro Crystal Vasquez – who met the now-retired KTCK-AM/FM, Dallas personality while filling in as a traffic reporter on Rhyner’s “The Hardline” program – is heading up the documentary project. Vasquez tells Dmagazine, “It’s not a documentary on ‘The Ticket.’ That’s his identity to a certain extent, but it’s a story about Mike’s life.”…..The “Bubba the Love Sponge” program adds a new affiliate station in 1TV.Com Inc.’s classic rock KBSZ-AM/K247CF, Apache Junction, Arizona “97.3 The Rattler.”…..Entercom’s all-news 1010 WINS, New York is inviting listeners to a wedding on Sunday! The station reports, “Ashley Isaacs, who works at New York-Presbyterian Hospital, and her fiancé Israel Reches (both pictured at left) will reunite for the first time in months at their own wedding after spending time apart due to the pandemic and Reches’ health. As Isaacs was working to save patients with COVID-19 this past spring, Reches was battling stage 4 Hodgkin’s lymphoma, forcing the couple to separate. With Reches in remission just in time for the big day, the two are set to marry on Sunday, August 9 in a small backyard ceremony, and 1010 WINS listeners are ‘invited’ to the festivities. The station will be onsite the day of the wedding, airing audio of the ceremony on air and streaming it in its entirety via Facebook Live.”
WWJ News Radio 950 in Detroit Starts ‘Breaking Down the Barriers’ Initiative. Detroit all-news WWJ “News Radio 950” unveils its two-part community programming initiative called “Breaking Down the Barriers” dedicated to celebrating the diversity of the city and its surrounding suburbs. The initiative includes two segments, “Voices of the Community” and “Black Business Minute,” both beginning August 10. “Voices of the Community” is hosted by WWJ traffic operations manager Lloyd Jackson and will profile community leaders, activists, and residents who are making a difference in their neighborhoods and throughout Detroit. “Black Business Minute” is hosted by WWJ city beat reporter Vickie Thomas and highlights local businesses in which Black business owners will discuss their companies, including the effects of the COVID-19 pandemic and how they are contributing to the success of Detroit. It will air five times daily each weekday. Entercom Detroit SVP and market manager Debbie Kenyon says, “The diverse citizens of Detroit are an integral part of the fabric of this great city and we’re proud to use our platform to champion their stories. There are countless cases of business owners and leaders helping residents get through this crisis, and we look forward to employing this series as another way to shine the spotlight on them.”
95.5 WSB ‘Care-a-Thon’ Raises $1.5 Million for Aflac Cancer and Blood Disorders Center. This year’s 95.5 WSB Care-a-Thon two-day radio event was the 20th annual produced by the Cox Media Group news/talk station and helped raise more than $1.5 million for research and programs at the Aflac Cancer and Blood Disorders Center of Children’s Healthcare of Atlanta. This year, due to COVID-19, Scott Slade, Clark Howard, Eric Von Haessler, Mark Arum, Erick Erickson, Brian Kilmeade and many other local radio personalities participated in the 95.5 WSB Care-a-Thon by interviewing patients and their families virtually via video and phone calls. The team encouraged listeners to donate and purchase one-of-a-kind experiences throughout the special radio broadcast. WSB director of branding and programming Drew Anderssen says, “Our entire team is so thankful for the phenomenal support we have received from our loyal listeners who continue to give to the Care-a-Thon, and all of our community service efforts at 95.5 WSB, year after year. This year’s fundraiser is one we’ll never forget because of the incredible financial strain coronavirus presented to our community of donors. I’m tremendously proud of the teams at 95.5 WSB and Children’s Healthcare of Atlanta for their work adapting this year’s effort to become ‘virtual’ as a result of the pandemic.”
The Presidential Race, Politics and the Vote-By-Mail Debate Top News/Talk Stories for Week of August 3-7. The November presidential election, politics, and the controversy over President Trump’s allegation that voting by mail encourages voter fraud were the most-talked-about stories on news/talk radio this week, landing atop the Talkers TenTM. Tied at #2 this week was the interview with President Trump by Axios reporter Jonathan Swan and Deutsch Bank being subpoenaed by the New York Attorney General in a Trump Organization investigation. Coming in at #3 was the debate over opening schools, followed by health care, medications and the mask debate 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. See this week’s entire chart here.
Music Radio News and Career Moves. Due to the ongoing COVID-19 pandemic, Beasley Media Group announces the cancellation of WKML-FM, Fayetteville, North Carolina’s 2020 Stars & Guitars concert. Beasley VP/GM Kent Dunn says, “Thank you to our amazing sponsor and fans throughout the years for supporting Stars & Guitars event. These are unprecedented times. The safety of our community, staff, and country artists is our number one priority. As a result, we have made the decision to cancel this year’s event. We’ll be back bigger and better than ever in 2021!” To help fill in the gap, WKML-FM has hosted a series of special Stars & Guitars at Home social media concert experiences with some of the top artists in country music on the station’s website as well as entertained listeners with the station’s special Superstar Mini Concert series.