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Thursday, May 27, 2021

| May 27, 2021

Premiere Networks to Syndicate “The Clay Travis & Buck Sexton Show” in Rush Limbaugh’s Old Daypart. A source at Premiere Networks confirms the story in today’s Wall Street Journal that reports Premiere will begin syndicating “The Clay Travis & Buck Sexton Show” in the 12:00 noon to 3:00 pm ET daypart, beginning June 21. Sexton, a former CIA officer and NYPD counter-terrorism expert currently hosts an eponymous 6:00 pm to 9:00 pm ET show for Premiere Networks and Clay Travis – founder of Outkick (which he just sold to FOX) – hosts the morning drive “Outkick the Coverage” show on FOX Sports Radio. Premiere Networks president Julie Talbott is quoted saying, “We’re not going to replace Rush Limbaugh, we’re going to have an evolution of the show with fresh voices — those that grew up on Rush and admired him.” Clay Travis writes a piece at Outkick today explaining that this has been in the works for months and he gives his rationale for leaving the morning sports show behind to work with Sexton on the new talk radio show.

‘News Talk 98.9 The Roar of Memphis’ to Debut on July 4. The launch of Cumulus Media’s new talk station is set for July 4 and the company announces that WKIM-FM, “News Talk 98.9 The Roar of Memphis” will be the official flagship radio station for the University of Memphis Tigers. As such, the deal with Tiger Sports Properties means the station will air every football, men’s basketball and women’s basketball game starting in August. The agreement also includes broadcasting of the weekly one-hour football and men’s basketball coaches’ shows with Ryan Silverfield and Penny Hardaway, respectively. Cumulus does not reveal the daily programming to be heard on the station outside of Westwood One’s newly launched “Dan Bongino Show.” Cumulus Memphis VP and market manager Morgan Bohannon says, “At Cumulus, we believe strongly that ‘what’s good for Memphis is good for us,’ and that commitment to our community drives all that we do. One of our most important priorities and responsibilities as a local broadcaster is to help make Memphis a better place. Becoming the flagship radio partner of Memphis Tiger Athletics, an entity that is so beloved by our city and its residents, is the opportunity of a lifetime. Cumulus Memphis has the largest live, local and homegrown team in the radio industry – all of whom are incredibly excited about becoming the radio home of the Memphis Tigers. We are thrilled to put the full power of four 100,000-watt stations behind the partnership. KIX-106, 98.1 The Max, 103.5 WRBO and the all-new ‘News Talk 98.9 The Roar of Memphis’ will work in concert to raise the level of awareness and celebrate all that is Memphis Tiger Athletics. Rebranding ‘98.9 The Bridge’ and changing the format of the station is just one more step to showcase Tiger Athletics and all that it means to Memphis. We are excited and eager to begin a new and long-lasting partnership with the University of Memphis, Learfield IMG College and Tiger Sports Properties.”

Real Estate Powerhouse/Radio Talk Show Host Dottie Herman Is This Week’s Guest on Harrison Podcast. The CEO of Douglas Elliman, one of the nation’s oldest and largest real estate brokerage firms, Dottie Herman, is this week’s guest on the PodcastOne series, “The Michael Harrison Interview.” She is also the host of a long-running talk show, “Eye On Real Estate” on WNYM, New York “AM 970 The Answer” that has evolved into a weekend radio institution in the Big Apple. Herman has received numerous high-level honors for both her executive and entrepreneurial leadership in the field of real estate and is on just about every prestigious magazine list of the most powerful women in American business. Michael Harrison says, “Dottie Herman is at the potentially explosive junction where real estate and talk radio meet. The topic is hot and getting hotter tying into all aspects of American life – politics, economics, business, education, and the entire menu of news/talk radio staples. Not to mention, it can attract advertisers from a wide array of industries from banks to home maintenance. Dottie Herman brings the ‘wise woman’ persona reminiscent of some of radio’s greatest talk performers and on-air advisors into a modern context. We discuss everything from her dramatic childhood to her dynamic self-made career as a real estate giant to her role in talk radio including the economy, her perspective on Donald Trump based on her relationship with him in the real estate business, and entrepreneurism in America.” To listen to the podcast in its entirety, please click here.

WVHU, Huntington, West Virginia’s Tom Roten Celebrates 20 Years. Talk radio personality Tom Roten, known to his listeners as “The Straight Shooter,” celebrates his 20th year hosting the morning show on iHeartMedia’s WVHU, Huntington “NewsRadio 800.” Roten began his career with WVHU in 1991 when he began his 15-year stint as the station’s sports play-by-play announcer. In June of 2001, when the station switched to news/talk, Roten became the morning drive host. Roten recalls how he transitioned to the morning show. “I was wrapping up a high school basketball broadcast when I saw a recently elected first-time member of Congress waiting with other parents for her son to come out of the locker room. I asked Rep. Shelley Moore Capito to join me for the postgame report. We talked about the game of course, but I also asked her about being sworn into the U.S. House just a month prior. I didn’t realize it at the time, but members of management were listening to the interview and had been looking for a local morning talk host to fill out the lineup of the station’s new talk format. We had Rush Limbaugh, but the rest of the lineup was still up in the air.” He was offered the morning gig and agreed to try it for a year. About his 20-year morning talk career, he says, “It’s hard to believe really. I’m blessed to have had this opportunity and I’m thankful the listeners and advertisers have stuck with me in my quest to deliver truth, opinion, and, hopefully, some entertainment. Talking about what’s going on in our region and in the nation from a local perspective has helped me bond with my listeners.”

Cumulus Media Moves to Pay Down $175 Million in Debt. The company announces it is taking steps to pay down $175 million of debt using cash on hand. Cumulus Media president and CEO Mary Berner says, “As I noted on our recent earnings call, the continuing improvement in economic and public health conditions is fueling very encouraging momentum across all our businesses. Against that backdrop, we are accelerating debt repayments, which will de-lever the balance sheet more quickly, reduce interest expense, and further increase our free cash flow. Since emerging from bankruptcy in 2018, we have reduced our net debt by almost $600 million, despite the impact of a global pandemic. Looking ahead, our better leverage profile and more than $200 million of available liquidity will provide us meaningful financial flexibility as we continue along our strong rebound trajectory. Cumulus Media’s strong competitive position, proven track record of solid execution, numerous revenue growth drivers, and ability to consistently generate significant free cash flow give us multiple pathways along which to grow shareholder value in the short- and long-term.” On May 17, Cumulus completed a $60 million repayment of its ABL Revolver due 2025, which represented the entirety of the amount outstanding under the facility. Following the paydown, the ABL Revolver due 2025 is undrawn and available as liquidity for general corporate purposes. Cumulus was required by the terms of its debt agreements to make mandatory debt prepayments from the proceeds of its previously announced sale of land in Bethesda, MD, in June 2020 and sale of towers and related assets in September 2020, after giving effect to a right of reinvestment. On May 25, the company paid down approximately $89 million of its Term Loan Credit Facility due 2026 related to this mandatory prepayment obligation. Approximately $65 million of the prepayment related to the Land Sale, and approximately $23 million of the prepayment related to the Tower Sale. Additionally, pursuant to the terms of its 6.75% Senior Secured First Lien Notes due 2026, the company launched a tender offer for the Notes at par for approximately $26 million, which represents the pro rata amount required to be offered from the proceeds of the Tower Sale. Following the expiration of the tender offer, any amounts that remain untendered will be directed toward an additional prepayment of the Term Loan.

TALKERS News Notes. Former President Donald J. Trump has been making appearances on talk radio programs recently, including a guest spot on the USA Radio Network-syndicated “Wayne Allyn Root: Raw and Unfiltered.”…..Audacy’s Cadence13 announces the launch of a new, weekly podcast titled, “That Thing I Do,” starring Grammy-nominated bassist Este Haim and Emmy Award-winning actor Darren Criss on which the close friends will share their mutual love of music, pop culture, and more with special guests. “That Thing I Do” will be a “raucous deep-dive into the funny and strange quirks of those successful people, and an investigation of what it is about ‘that thing they do’ that makes them who they are.”…..On Tuesday, June 1 ABC News kicks off Pride Month with the two-episode premiere of its first LGBTQ+ issue-focused podcast, “Life Out Loud with LZ Granderson.” The ABC News contributor says, “We lost so many stories to the AIDS epidemic, violence, harassment and silence due to fear. I’m passionate about creating a space to capture these underreported stories and untold oral histories, while also celebrating the joys of living ‘life out loud’ and where we’re going as a community.”…..WGN-AM, Chicago host and contributor Dane Neal will broadcast live from the Indianapolis Motor Speedway on Sunday (5/30), 6:30 am to 10:00 am, leading up to WGN’s coverage of the 105th Indianapolis 500. IMS president J. Douglas Boles says, “We welcome Dane Neal and WGN back home to the Indianapolis Motor Speedway for the 105th Running of the Indy 500 for a live pre-race show followed by the live race broadcast. Chicago’s Very Own has such a rich tradition with the ‘500’ and the Speedway, as it was a broadcast pioneer by starting its coverage of the race nearly 100 years ago.”…..The GCN-syndicated “Dr. Daliah Wachs” show is added to the program schedule at Ultimate Caps Inc’s KBFS-AM, Belle Fourche, South Dakota and KYDT-FM, Pine Haven, Wyoming.

San Jose Mass Shooting, COVID-19 Origin Controversy, January 6 Commission, Trump Org Grand Jury, Election Audits, Inflation Fears, Gaza Cease-Fire/Anti-Semitic Violence, Border Crisis, and Biden-Putin Meeting Among Top News/Talk Stories Yesterday (5/26). The shooting deaths of 8 people at a rail yard in San Jose; the growing call for investigation into the origin of the coronavirus and China’s pushback over the lab leak theory; the GOP’s hesitation over creating a January 6 Commission to investigate the Capitol invasion; Manhattan DA Cyrus Vance Jr. convenes a grand jury to consider indictments in the criminal investigation of the Trump Organization; the 2020 election audits taking place in New Hampshire and Arizona; soaring consumer prices and fears of inflation; the cease-fire in Gaza and instances of violence against Jews in the U.S. and abroad; the crush of migrants at the U.S.-Mexico border; and the planned meeting between Joe Biden and Vladimir Putin were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Tuesday, May 11, 2021

| May 11, 2021

Saga Communications 2021 First Quarter Net Revenue Down 15.5%. The 2021 first quarter financial report from Saga Communications reveals net revenue for the period was $22.3 million, a decrease of 15.5% from the same period in 2020. Net income was $758,000, a decline of 75% from the net income of $1.68 million posted in Q1 of 2020 (although Saga was one of the few audio companies to post income and not a loss). Station operating expense decreased $3.3 million to $18.9 million for the quarter compared to the same period in 2020. Station operating income was $4.7 million for the quarter compared to $5.5 million for the first quarter last year.  Free cash flow increased 21.4% to $1.8 million for the quarter. Saga Communication’s balance sheet reflects $56.3 million in cash on hand as of March 31, 2021 and $57.4 million as of May 3, 2021. The company’s total bank debt remained at $10 million as of the end of the first quarter 2021.

KCBS-AM, San Francisco Sports Anchor Steve Bitker Announces Retirement. After 30 years as morning drive sports anchor for Audacy’s KCBS-AM, San Francisco, Steve Bitker is retiring after the May 14 broadcast. After graduating from University of California Berkeley, Bitker served as a news writer for KSFO, San Francisco. He worked in Tokyo for three years as a news/sports anchor for Japan’s only English-language TV station – Japanese Cable Television. After returning to the States, he worked for seven years at KNBR, San Francisco before joining KCBS in April of 1991.

Wendy Bell Off WJAS-AM, Pittsburgh for Now. According to a story by WPXI-TV, talk host Wendy Bell is off the air of St. Barnabas Broadcasting’s WJAS-AM, Pittsburgh and Premiere NetworksGlenn Beck show is airing in its place. Bell was an anchor at WTAE-TV, Pittsburgh until 2016 when she was let go after making racially insensitive comments in the wake of a shooting that left five dead. She hosted a talk show at KDKA-AM, Pittsburgh and agreed to exit that station after being suspended for suggesting park rangers “shoot on sight” anyone seen defacing park monuments. The story quotes St. Barnabas Health System director of marketing Michele Bradac saying Bell is off the air due to a personnel matter. “Until the company and she resolve their personnel matter, there’s no way to say” when she might return.

Newsmax TV to Launch ‘Cortes & Pellegrino’ Prime Time Show; Produce Town Hall with Florida Governor Ron DeSantis. There’s a new prime-time program launching on Newsmax TV this evening (5/11) at 9:00 pm ET starring former presidential advisor, commentator, and financial expert Steve Cortes and former White House correspondent Jenn Pellegrino. About the new “Cortes & Pellegrino” show, Newsmax CEO Chris Ruddy says, “We were the only major cable news network to see an overall ratings increase from the fourth quarter of 2020 to the first quarter of 2021, and we did it without a full prime-time. ‘Cortes & Pellegrino’ completes our nightly lineup and will continue our unprecedented growth.” Also at Newsmax, “Spicer & Co” co-hosts Sean Spicer and Lyndsay Keith will air an exclusive Town Hall with Florida Governor Ron DeSantis tomorrow (5/12) at 6:00 pm ET. The event takes place at The Villages – the 55-plus community in Sumter County, Florida that boasts almost 80,000 residents – and will feature discussions with a live studio audience of American voters. Sean Spicer says, “Governor DeSantis has proved his resolve and confounded his skeptics over the past year, leading his state to excellence in fostering a thriving economy, rolling out the COVID vaccine, and guarding religious liberty. This Town Hall will give Newsmax viewers deeper insight into the reasons why DeSantis is a true governor of the people.”

TALKERS News Notes. This Memorial Day weekend ABC Audio has the special program “Honor, Hope and Healing,” hosted by correspondent Aaron Katersky, available for affiliate stations. The special honors America’s heroes including military members who died in the line of duty, pandemic front-line workers, grieving families, and others affected by last year’s events. The program dives into the significance of Arlington National Cemetery and features interviews with its regular visitors who come to pay respects to their family and friends…..SiriusXM announces the launch of the “Let’s Get After It with Chris Cuomo Podcast” culled from Cuomo’s SiriusXM show on the P.O.T.U.S. channel that airs daily from 12:00 noon to 2:00 pm. The podcast will be available three times a week and features the opening longform segment from the program as a podcast…..Audacy is partnering with independent podcaster Aaron Lammer on today’s release of the first two episodes of his newest project, “Exit Scam: The Death and Afterlife of Gerald Cotten,” a documentary podcast series exploring the 2018 death of Cotten, the founder of Canadian digital currency platform QuadrigaCx. The first episode is available right now everywhere podcasts are available, while the second episode is available exclusively on Audacy. This unique windowing strategy will allow listeners who want more of this thrilling true crime series to get their fix immediately on Audacy where listeners will get early access to episodes before all other platforms…..Blavity Inc., the diversified digital media company behind “AfroTech,” “21Ninety,” “Travel Noire,” “Shadow and Act,” and “Blavity News,” partners with Charlamagne Tha God’s and iHeartMedia’s The Black Effect Podcast Network to distribute its podcast for Black entrepreneurs and moguls in the making titled, “Black Tech Green Money with Will Lucas.” Lucas is an entrepreneur, content creator, and the brand manager at Black tech digital platform AfroTech, the world’s largest Black tech digital platform. The podcast presents the stories of successful Black entrepreneurs and technologists, as well as actionable advice and wealth-building strategies from a Black perspective…..Audacy’s Cadence13 is partnering with bestselling author, activist, and thought leader Glennon Doyle for her “We Can Do Hard Things,” podcast on which she will share stories of her life and explore topics including love, relationships, parenting, mental health, recovery and more.

COVID-19, Cheney vs GOP/Influence of Trump, Pipeline Hack, Gaza Strikes, Gates Divorce Controversy, Golden Globes Troubles Among Top News/Talk Stories Yesterday (5/10). The rate of positive COVID cases in the U.S., concerns about variants, vaccine hesitancy, and India’s death toll; U.S. Rep. Liz Cheney’s battle with the GOP over the “stolen election” and Donald Trump’s influence over the party; the hack of the Colonial Pipeline Networks by DarkSide and the effect on gas supplies in the Eastern U.S.; the battle between Israel and Hamas over the potential eviction of Palestinians from Jerusalem; the growing controversy over the divorce of Bill and Melinda Gates and the Jeffery Epstein connection; and the Hollywood Foreign Press Association’s Golden Globe Awards lose NBC’s broadcast in 2022 over diversity problems were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Friday, March 12, 2021

| March 12, 2021

NOW POSTED: This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the 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. This new episode titled “The New Abnormal” looks back at this past week of March 8-12, 2021.  The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS magazine; Michael Berry, talk show host, KTRH, Houston / Michael Berry Network;  Grace Curley, talk show host, WRKO, Boston / Howie Carr Radio NetworkDom Giordano, talk show host, WPHT, Philadelphia / “Readin’ Writin’ and Reason” podcast; Rob Carson, talk show host, Newsmax TV / “What in the World?”; Thom Hartmann, talk show host, WYD Media; and Victoria Jones, executive director, DC Radio Company.  The 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 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; WGMD, Rehoboth Beach, DE; WCHM, Clarkesville, GA;  WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; WSAR-AM/FM, Fall River, MA; WIZM-AM/FM, La Crosse, WI; WMVA, Martinsville, VA; the Virginia Talk Radio NetworkCRN Digital Talk Radio Network; the iHeart Podcast NetworkPioneer Valley Radio, 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.

Saga Communications Reports Q4 2020 Net Revenue Down 10%; Decline of 24.9% for Full Year. In reporting its financial data for the fourth quarter of 2020 and the full year, Saga Communications, Inc says fourth quarter and year-end 2020 revenue and the related net income continue to be impacted by the COVID-19 pandemic. Net revenue was $28.8 million for Q4 2020, a 19.1% increase over net revenue for the third quarter, but a decline of 10% compared to Q4 2019. For the full year of 2020, net revenue was $95.8 million, a decrease of 24.9% from the $123.1 million in net revenue it posted in 2019. Back to the fourth quarter of 2020, station operating expense decreased $1.9 million to $21.1 million compared to the same period last year.  Station operating income was $9.1 million for the quarter compared to $10.5 million for the fourth quarter last year and operating income was $5 million for the quarter compared to $5.4 million for the same period last year.  Saga posted a net loss of $1.9 million for the full year 2020 that included a non-cash impairment charge of $5.2 million. Without the impairment charge the company would have reported net income of $1.7 million for the period. Saga Communications’ balance sheet reflects $51.4 million in cash on hand as of December 31, 2020 and $56 million as of March 8, 2021. The company’s total bank debt remained at $10 million as of year-end 2020.

WEEI, Boston’s Dale Arnold to Leave Sports Talk Station. Boston sports media personality Dale Arnold – a staple at Entercom’s WEEI-FM since its inception as a sports talk outlet 30 years ago – will leave the station and his role as co-host of the “Dale and Keefe” midday program after today’s show. The Boston Globe has the story here. Although the soon-to-be-65-year-old Arnold on Thursday told listeners, “I’m going to retire from the radio business. I am not going to be coming back after tomorrow’s show,” he’ll continue his role as studio host for Boston Bruins hockey broadcasts on cable TV’s NESN. The Globe’s Chad Finn says it’s expected that Andy Gresh – who exited Cumulus Media’s WPRO-AM/WEAN-FM, Providence in January of this year – will be partnered with Rich Keefe for middays going forward. Arnold told listeners his decision to leave WEEI – and not accept the offer to do part-time work there – was personal. “Some of you know this and some of you don’t. My wife had to retire from her employment in September, she’s had some medical issues. And you start thinking about things. You start thinking about, you know, ‘I’d like to spend some more time with her. I’d like to have one full-time job instead of two. I’d like to have summer months to go back to my home state of Maine and enjoy myself more.’”

Salem New York Debuts Evening ‘Bring Back NYC’ Show. Hosted by regular evening personality Kevin McCullough, Salem Media Group’s New York news/talker WNYM-AM “AM 970 The Answer” is launching a new nightly broadcast that “will be a deep dive into areas of life relevant to relaunching arguably the most important city on planet earth.” Salem New York says the program will feature specific expertise designed for this unique moment in the nation’s recovery. Monday nights will feature the expertise of “Millionaire Maker” Hilary Kramer in the markets and money. Tuesday nights the journey will be guided by veteran travel expert Valerie D’Elia. Wednesday nights focus on the medical expertise of Nicole Saphier MD, FOX News senior medical contributor and physician at Memorial Sloan Kettering Medical Center. The law is the focus of Thursday nights with Arthur Aidala Esq. Friday nights will play host to PR pro Cristyne Nicholas, who serves as chair of the 109-year-old Broadway Association. McCullough says, “Given the mighty struggle our city and people have faced in the aftermath of the COVID pandemic, political mismanagement, criminal riots, and the longest extended closures of business in the city, we asked ourselves the question of how we could best answer the needs of the city, and I’m here to let them know, ‘help is on the way!’ What greater good can we do with the airwaves than help turn on the lights, smiles, and lives again in the city that never sleeps?”

Edison Research ‘Infinite Dial 2021.’ It’s “the longest-running survey of digital media consumer behavior in America – tracking mobile behaviors, internet audio, podcasting, social media, smart speakers, and more.” Noting that, “‘more’ now includes radio,” consultant Holland Cooke summarizes the latest findings, and includes a download link to the report. Read it here.

Jonathan Hutton Ousted from Tennessee Titans Radio Team. Former WGFX-FM, Nashville “104.5 The Zone” radio personality Jonathan Hutton will not be part of the radio broadcast team for the NFL’s Tennessee Titans for the 2021 season. Hutton recently left “The Zone” to become part of Clay TravisOutkick digital platform on which he’ll co-host the “Outkick 360” program with fellow former “Zone” hosts Chad Withrow and Paul Kuharsky. On his website, Kuharsky quotes Cumulus Nashville VP and market manager Allison Warren, who says, “Jonathan Hutton has certainly been a big part of 104.5 The Zone’s Titans Radio broadcast over the years. However, regrettably Jonathan declined our offer to continue with 104.5 The Zone deciding to pursue other opportunities which has impacted his role on the Titans Radio broadcast.”

TALKERS News Notes. The anniversary of the official beginning of the coronavirus pandemic in the U.S. is the impetus behind the CBS News Radio series that reflects on the past year. The series will be featured on CBS News top-of-the-hour and “World News Roundup” broadcasts airing Monday through Friday of next week (3/15-19)…..Entercom announces the launch of “BetQL Countdown to Tip-Off,” a six-episode series of special NCAA men’s college basketball tournament programming that launches tomorrow (3/13). Led by Nick Kostos, host of BetQL Audio Network podcast “You Better You Bet,” “BetQL Countdown to Tip-Off” will serve as breakdowns of the NCAA men’s college basketball tournament, featuring a mix of sports betting insight. The show will also welcome talent from across Entercom’s portfolio of sports stations, including Travis Thomas, WTEM, Washington; Mike Valenti, WXYT, Detroit; Danny Parkins, WSCR, Chicago; and Marc Malusis, WFAN, New York…..PodcastOne, a subsidiary of LiveXLive Media, announces the debut of “The Rock Podcast with Denny Somach.” Rock historian and radio producer Somach goes deep undercover on “The Rock Podcast” to shine new light on the soundtrack of the most exciting decades in music, bringing on guests to talk about their career experiences and using Somach’s own personal library of thousands of interviews to bring the lives of the most legendary rock stars who matter to the forefront. Upcoming guests include Nancy Wilson from Heart, Steve Lukather from Toto, Jon Anderson of Yes, and John Densmore of The Doors. PodcastOne chairman Norm Pattiz says, “Denny is a fantastic producer with a track record that goes back decades. His knowledge of music history and love of rock ‘n’ roll is second to none. I love his work and now millions will be able to access that work on PodcastOne,”…..New York City was hit early and hard by the pandemic, and during those first bewildering days and weeks, WNYC’s call-in news program “The Brian Lehrer Show” was a life raft for New Yorkers seeking information, answers, and companionship. To commemorate the one-year anniversary of the shutdown that forever altered New York City, the program plans two special events: a broadcast on Tuesday (3/16) at 10:00 am called “Reading Their Names” in which, for 90 minutes, 484 listeners who will read the names of 1,780 people in the New York listening region who have died from the virus. The second is “WNYC’S 2020 Time Capsule” – broadcast on Thursday (3/18) that culminates the programs assemblage of its 2020 time capsule that is a repository of listener calls, news reports, and personal submissions by New Yorkers sharing what they have been through that’s saved on a hard drive to be safely stored alongside the transmitter atop the Empire State Building. The capsule will be opened in 2031.

iHeartMedia Names Nicky Sparrow SVP of Multi-Cultural Sales. Moving from her current position as market president for iHeartMedia Jacksonville to the new corporate position SVP of multicultural sales is Nicky Sparrow. In this role, Sparrow will be responsible for leading multicultural ad sales revenue for the Markets Group division. Sparrow will apply her deep knowledge of multicultural audiences and strong relationships with multicultural ad agencies and brands to build, drive, influence, and execute strategic multicultural initiatives across the iHeartMedia sales organization. She says, “I’m thrilled for this next step in my career. I’ve been with iHeartMedia for more than 20 years, and I can’t wait to take my experience and strong relationships with partners and advertisers to further deliver and create innovative and effective multicultural opportunities for our consumers that will not only grow our portfolio of assets, but represent and truly connect with our diverse audiences.”

Stimulus Package and the Economy Tie for Top News/Talk Story This Week. The Biden administration’s $1.9 trillion COVID relief bill and the state of the U.S. economy combined as the most-talked-about story on news/talk radio for the week of March 8-12, landing atop the Talkers TenTM. At #2 this week was the crisis at the U.S.-Mexico border and Joe Biden’s immigration policy. Coming in at #3 was the number of COVID-19 cases in the U.S., concerns about variants and the rollout of vaccines. 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 complete chart here.

 

 

Producer Wanted for Syndicated Morning Show. A nationally syndicated morning show is searching for an experienced producer to help generate content and show prep. The successful candidate will have 3-5 years’ experience producing a lifestyle-based show. The individual we’re looking for will have the ability to check their ego at the door and dig deep to provide show prep and occasionally deliver on-air content. Although we’re a national show with a significant nationwide and worldwide footprint, we’re a small operation and very much a family. The successful candidate will understand the high-pressure nature of the business but also understand how to operate with minimal direction with strong personalities. This is a full-time, remote position; relocation is not required. Salary is commensurate with experience. Finalists will be required to sign a non-disclosure agreement. Learn more about this position here and send materials to: Dtc_exec@yahoo.com.

Morning Drive News Anchor-Host at Top 25 Market East Coast Station. Looking for a news air talent who can write and read news for a local, current events issue-driven morning show. Prefer an air talent who is comfortable expressing an opinion on the hot topics of the day. Interested? Submit a demo mp3 and resume ASAP. Apply confidentially to talkradiogig@gmail.com. The radio station is an EOE and females are encouraged to apply.

Tuesday, February 23, 2021

| February 23, 2021

Cumulus Media Reports 2020 Q4 Net Revenue Down 13.9%; Net Revenue for Full Year of 2020 Declines 26.7%. The second major radio company to report financial figures from the fourth quarter and the full year of 2020 (Beasley was first back on February 10), Cumulus Media reports net revenue of $245.8 million for the fourth quarter – a decline of 13.9% compared to the same period in 2019 – and full year 2020 net revenue of $816 million, down 26.7% from $1.1 billion reported in 2019. For Q4, Cumulus posted a loss of $249,000 a year after 2019’s Q4 income of $1.6 million. For the full year of 2019, the company posted a loss of $57.9 million compared to 2019’s full year income of $62.2 million. On the positive side, Cumulus reports that quarterly revenue improved sequentially from Q2 to Q4, both in total and excluding political; it achieved 9.4% year-over-year digital revenue growth (12.1% on a same station basis), driven by podcasting growth of nearly 40%; it generated $33.2 million of cash from operations for the full year; it completed two significant M&A transactions generating aggregate gross proceeds of $282 million; paid down $54.3 million of term loan and retired $47.2 million of senior notes; and finished the year with $271.8 million of cash on hand (an increase of $256.6 million compared with December 31, 2019). President and CEO Mary Berner comments, “Given 2020’s extenuating circumstances, I am extremely proud of the company’s performance and the efforts of the entire Cumulus team to meet the challenges posed by COVID-19. In the face of the pandemic, we maximized revenue performance, materially reduced expenses, generated cash through strong working capital management, and executed highly accretive divestitures that strengthened our balance sheet. As a result of these efforts and with a recovering economy, we believe that we are well-positioned to return our business to its pre-pandemic trajectory and to capitalize on strategic and financial options to best drive shareholder returns.”

Chad Benson Welcomes New Affiliate Stations. The Radio America-syndicated “Chad Benson Show” welcomes four new radio stations to its roster of affiliate stations: WP Broadcasting’s news/talk KRSY-AM, Alamogordo, New Mexico; WCED Rsdio’s news/talk WCED-AM, Du Bois, Pennsylvania; Fieldview Broadcasting’s news/talk KWBG-AM, Boone, Iowa; and VP Broadcasting’s news/talk WHOL-AM/W295CR Allentown, Pennsylvania. The Chad Benson Show is also heard on such signals as Bonneville’s KTAR-FM, Phoenix; iHeartMedia’s KSTE-AM, Sacramento; and Cox Media Group’s WOKV-FM, Jacksonville. Radio America says, “Listeners love Chad’s explanation of the day’s hard news delivered in a thoughtful and entertaining way. And that explains why Chad is featured on some of the most highly rated talk stations in the country and delivers the demos that talk radio needs most.”

Entercom and Pro Sports Teams Cooperate on ‘Vaccinate Michigan’ Effort. The Entercom Detroit station cluster that includes sports talk WXYT-FM “97.1 The Ticket,” all-news WWJ-AM “Newsradio 950,” and three music brands are partnering with the Detroit Lions, the Detroit Tigers, the Detroit Red Wings, and the Detroit Pistons to launch a new community initiative called “Vaccinate Michigan.” All five stations are airing state-approved public service announcements about the COVID-19 vaccination and its availability for Michigan residents. The “Vaccinate Michigan” announcements are voiced by various Entercom Detroit on-air personalities, show hosts, and news anchors, as well as some of the city’s key sports figures, including Tigers manager AJ Hinch, Tigers pitcher Matthew Boyd, Red Wings head coach Jeff Blashill, Lions head coach Dan Campbell, and Pistons head coach Dwane Casey. Entercom Detroit SVP and market manager Debbie Kenyon says, “Our company and sports partners understand the importance of getting Michigan businesses open, as well as the need of our listeners and fans to get back to work and feel some sense of normalcy. Radio serves as a crucial lifeline for the communities it serves and we’re proud to lend our influential voice in the community and our citywide footprint to deliver the important message of COVID-19 vaccinations to our listeners and fans.”

SummitMedia Enters into Podcast Deal with CurtCo Media. This strategic partnership between SummitMedia and CurtCo Media is SummitMedia’s first formal alliance with a third-party content creator for the podcast audience. SummitMedia owns and operates 47 radio stations in nine states. Los Angeles-based CurtCo Media currently produces cutting-edge quality scripted and unscripted podcast programming. SummitMedia chairman and CEO Carl Parmer comments, “SummitMedia’s partnership with CurtCo Media provides us with an exciting opportunity to develop and explore the rapidly growing podcast medium. We’ve known and watched CurtCo create engaging and innovative content for years, and we value the integrity and quality they bring to the media industry.” CurtCo Media CEO Bill Curtis says, “Having a strategic alliance and investment from SummitMedia makes this partnership the most powerful moment to date in our business development. We’re so excited to work with Greg Kelly, Carl and their team to create new dynamic programming and combine Summit’s powerful radio platform with CurtCo Media in the fast-growing world of podcasting. We believe this strategic partnership will provide sustainable value for our business and expand our audience.”

TALKERS News Notes. Longtime radio and television consumer advocate Clark Howard will receive the 2021 “Andrew Ashwood Award” at the 12th annual Talk Show Boot Camp, presented by Don Anthony’s Talentmasters and Gabe Hobbs Media being held virtually this year on March 18 and 19.  Howard, who wrapped his nationally syndicated radio program after 23 years at the end of 2020, will be presented with the award by last year’s recipient, Greg Moceri. He says, “When I was given the privilege of selecting someone who exemplified the positivity that Andrew did for our industry, it took me two seconds to say Clark Howard. Having worked and associated with him for 30 years, he was an instant selection on how many ways he has demonstrated that positivity and has helped millions through the years. ‘In Clark we trust’ impacted his knowledge and authenticity in our industry for decades and it continues today. Clark was an instant choice to carry on this great tradition of honoring Andrew.”…..The 2nd Annual Radio Cares – Feeding America is off to a great start with new and returning partners signing on in support of the nationwide radio event that raises money to provide meals for individuals and families facing hunger in America. Radio Cares is presented by Feeding America and the Independent Broadcasters Association and takes place on April 14 on radio stations across the country. Last year, in its inaugural event, Radio Cares raised enough money to purchase 5 million meals.”…..The Philadelphia Phillies and Entercom announce a new, multi-year radio deal with the MLB’s Phillies to keep sports talk WIP-FM the flagship station for the club’s radio broadcasts. The play-by-play team of Scott Franzke and Larry Andersen will be joined by Kevin Frandsen this season. Entercom Philly SVP and market manager David Yadgaroff says, “We’re eagerly awaiting the return of Phillies baseball and are happy to announce a new broadcast extension with the club. As the undisputed voice of the Philadelphia sports fan, we look forward to putting listeners right in the middle of the action through premier game day coverage and keeping them caught up with their favorite team throughout the season.”

COVID-19 Stats & Vaccines, SCOTUS Trump Tax Returns Ruling, Capitol Riot Investigation, Cabinet Confirmation Hearings, Dominion Sues Mike Lindell, and Facebook Australia News Deal Among Top News/Talk Stories Yesterday (2/22). The United States passes the 500,000 COVID death mark and the rollout of vaccines continues; the Supreme Court rules New York prosecutors can have access to Donald Trump’s tax records; today’s first Senate hearing on the January 6 Capitol insurrection; Monday’s first confirmation hearing for Attorney General nominee Merrick Garland, and the coming hearings for embattled White House budget office nominee Neera Tanden and Interior Secretary nominee Deb Haaland; voting systems firm Dominion sues MyPillow chief Mike Lindell for $1.3 billion for defamation; and Facebook agrees to Australian news deal that will pay news organizations were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.