Tag: "Bustos Media Holdings"
Former KFTK-FM, St. Louis Host Jamie Allman, Emmis and Entercom Argue Over Motion to Dismiss His Breach of Contract Suit. If you’ve been following the legal case in which talk show host Jamie Allman is suing Emmis and Entercom for his firing from news/talk KFTK-FM, St. Louis, there’s an update to report. Remember that Allman was let go after the blowback from his tweet in which he referenced Florida school shooting survivor and activist David Hogg saying, “I’ve been hanging out getting ready to ram a hot poker up David Hogg’s ass tomorrow.” Emmis/Entercom asked the court to dismiss the case and on Tuesday (7/24), each side filed arguments for and against the motion to dismiss. Allman argues to convert the Motion to Dismiss to a motion for summary judgement due to Emmis/Entercom’s attachment of the contract’s Assignment and Assumption Agreement and news stories about his tweet to its argument and second, due to his claim that he’s a third-party beneficiary of the contract because of FCC ownership cap issues affecting the Emmis-Entercom stations sale. Emmis/Entercom argue that their attachments comply with the rules for filing for the Motion and that Allman’s ownership cap argument is irrelevant because that matter is governed by the FCC. Allman also argues that whether Emmis/Entercom legally fired him based on the language of his contract should be decided by a jury, not by a judge in the form of a dismissal. It appears Jamie Allman is in this fight for the long haul.
‘New Jersey 101.5’ Suspends Dennis Malloy and Judi Franco for ‘Turban Man’ Comment. After catching heat for comments made by midday personalities Dennis Malloy (right) and Judi Franco (left) about New Jersey Attorney General Gurbir Grewal, Townsquare Media’s WKXW, Trenton “New Jersey 101.5” has suspended the pair “until further notice.” During a radio conversation about Gurbir’s decision to not prosecute low-level marijuana arrests for the next month, the duo referred to Gurbi – a practicing Sikh – as “turban man.” The comments went viral on social media and the station posted its response on its website. It says, “We are aware of the offensive comments made by Dennis and Judi during today’s broadcast. We have taken immediate action and have taken them off the air until further notice. We are investigating the matter and will have further comment shortly.”
Mike Pintek Takes Leave from KDKA-AM, Pittsburgh. After being off the air for a few weeks, KDKA-AM, Pittsburgh talk host Mike Pintek announces he’s on leave from the station to focus on his health. In May of 2017, Pintek announced he’s been diagnosed with inoperable pancreatic cancer and is under the care of Dr. Nathan Bahary at UPMC Hillman Cancer Center. He says in a statement posted on the KDKA website, “At this point, I need to take some time and really focus on my health. I know a number of listeners have reached out to the station to get an update on my condition since I haven’t been on the air for a few weeks. I want everyone to know how much I appreciate all your prayers, kind words, encouragement and support.” Pintek recently suffered a stroke but his doctors believe his rehab from that will be successful and he’ll return to his course of chemotherapy.
SiriusXM CEO Says AM/FM Must Improve Its Product to Survive. Commenting on the competitive nature of today’s audio services industry during Wednesday’s Q2 investor conference call, SiriusXM chief executive officer Jim Meyer says that his company has been addressing the threats of new and improved audio services since he’s been with the company. In talking about that, he also gave his opinion about AM/FM radio’s future. “I’ve been here almost 14 years, and during those 14 years I’ve seen a couple of moments where people have said, ‘Oh, competition and what’s it going to do?’ And yet, you look at the unbelievable things that have occurred over the last 10 years – the unbelievable surge in technology and yet you still look at the number of people that listen to AM/FM radio every day, okay? And honestly, that’s the area I think that’s got a problem. If they don’t vastly improve their product, that’s the area where I think listener hours are finally going to come or finally going to shift away to other things. If you really want to know where I think it inevitably shakes out.”
SiriusXM Second Quarter Revenue Up 6%. CEO Jim Meyer wasn’t taking a potshot at radio in the story above, but he makes his comments standing on pretty firm ground as far as SiriusXM’s business is concerned. The company announces its 2018 second quarter revenue was $1.4 billion, up 6% over Q2 of 2017. Net income for the quarter was $292 million, a gain of 42% over last year’s $202 million figure. Jim Meyer states, “SiriusXM’s strong start to 2018 accelerated in the second quarter. We added 483,000 net new self-pay subscribers in the quarter with an impressive 1.6% self-pay churn rate, our best-ever performance. Our 6% growth in revenue would have been 8% absent the change in generally accepted accounting principles that was effective January 1, and we are thrilled to increase our full-year guidance for self-pay net additions, revenue and adjusted EBITDA.”
Nielsen 2018 Q2 Revenue Flat. Ratings and research giant Nielsen Holdings plc announces 2018 second quarter financial results. Nielsen was basically flat on revenue of $1.6 billion, up 0.2% compared the same period in 2017. Nielsen Audio is part of the company’s Watch segment that was up 4.5%, but the audio revenue was basically flat for the quarter. The Audience Measurement of Video and Text and Marketing Effectiveness revenues accounted for a large portion of the Watch segment’s growth.
Nielsen’s Mitch Barns to Retire at Year’s End. Also on Wednesday (7/25), Nielsen’s board of directors announced that CEO and board member Mitch Barns will retire from the company at the end of 2018. James Attwood, current chairman of the board, is named executive chairman. Barns will remain through the end of the year and Attwood, a managing director at The Carlyle Group will assume a more active role and will direct the search for the new CEO. Attwood says, “Mitch has left an indelible mark on Nielsen – his commitment to integrity, openness, values and engagement will continue to be the heart of this company for years to come. I, along with the rest of the board of directors, thank him for his service.”
Salem Selling KOTK-AM, Omaha to Hickory Radio. Omaha-market news/talk KOTK-AM “The Answer” and religious KCRO-AM (and their translators) are being sold by Salem Media Group to Hickory Radio, an affiliate of Walnut Radio. The deal includes the stations continuing to operate in those formats and with their respective brands, as Salem is licensing “The Word” and “The Answer” to Hickory. Salem president/broadcast Dave Santrella says, “We are thrilled to put these radio stations in the capable hands of Walnut Radio, a broadcaster with deep roots in the area and with a commitment to maintain the quality of broadcast our ministry partners, advertisers and listeners have come to expect.” No price has been announced yet.
News/Talk KVOI, Tucson Sold to Bustos Media. The Doug and Mary Martin-owned company Good News Communications agrees to sell news/talk KVOI, Tucson to Amador Bustos’ Bustos Media Holdings. No sale price has been announced yet but Bustos says in a statement, “As a long-time Spanish language broadcaster, we are excited to step into the arena of news/talk radio in Tucson, Arizona, a city we have worked in before and have loved for many years.” KALIL & CO., INC. is the exclusive broker for this transaction.
TALKERS News Notes. The new voice of the New Orleans Saints is former Saints player Zach Strief, who begins handling play-by-play duties on flagship Entercom’s WWL-AM/FM, New Orleans. Strief will work alongside former teammate Deuce McAllister. Entercom New Orleans SVP and market manager Chris Wegman states, “When we set the criteria for the new ‘Voice of the Saints’ we were looking for someone who would make the professional play calls, as well as someone who has a deep connection to the team, the fans, and our community. Zach possesses all of those qualities, knows the game firsthand and is a fixture in the New Orleans community. We’re very excited about adding him to the team.”…..Envision Networks announces that it has brought aboard new affiliate relations manager Josh Friedman. He comments, “After being able to intern with Envision Networks, I was excited to join the team full time when the opportunity came. I look forward to working with Danno, Laura, and the rest of the team and to continue to grow Envision’s affiliate base while upholding the superlative level of customer service established by Envision.”…..Chicago media writer Robert Feder reports that iHeartMedia Chicago chief engineer Bob Fukuda has exited the station group. Feder notes that Fukuda was a 30-year veteran of iHeartMedia, as well as its predecessors Clear Channel and Evergreen Media…..WBUR, Boston names Meghna Chakrabarti and David Folkenflik co-hosts of the NPR-syndicated midday program “On Point.” They will assume their new on-air duties on August 20. They take over for Tom Ashbrook, who exited back in February after allegations of workplace abuse. Folkenflik is an NPR correspondent and Chakrabarti is host of WBUR’s “Radio Boston.”…..The “Motley Fool Money” radio show, hosted by Chris Hill, adds new affiliate station WTAX, Springfield, Illinois.
Trump-Cohen Tapes/Russia Investigation, U.S.-E.U. Meeting, Trump Pushes Back Putin Meeting, Rosenstein Impeachment, YouTube Bans Alex Jones Videos, Trump-Iran Rhetoric, U.S.-China Trade War, and MLB Action Among Top News/Talk Stories Yesterday (7/25). The release of some of the recordings made of Michael Cohen’s conversations with President Trump and the investigation into possible Russian connections with the Trump campaign; President Trump’s meeting with European Commission President Jean-Claude Juncker over trade issues; the next Trump-Putin meeting is pushed off into 2019; GOP House members introduce articles of impeachment against Deputy Attorney General Rod Rosenstein; YouTube bans three Alex Jones videos from its platform; the war rhetoric between President Trump and Iran; the effects of the U.S.-China trade war; and Major League Baseball 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. A new, nationally syndicated weekend program featuring Ellen K is being launched by iHeartMedia. Dubbed “The Ellen K Weekend Show,” it will be a four-hour adult contemporary weekend program emanating from Los Angeles where Ellen K also hosts morning on the company’s KOST. The company calls it “custom-tailored content for an audience that wants to feel informed on lifestyle trends, inspired by ‘feel good’ moments and enhanced by shareable factoids. Listeners will also enjoy the latest showbiz news and interviews with the biggest names in music like John Legend, Lady Gaga, Meghan Trainor, Kelly Clarkson and more.”…..Beasley Media Group names Joel Weiss music director for alternative WBOS “ALT 92.9,” effective August 6. Weiss spent the past 13 years as music director and air personality at Cox Media Group’s alternative WSUN, Tampa “97X.” WBOS program director Ken West says, “I’m excited to welcome Joel to ‘ALT 92.9.’ He loves music, loves radio, and loves Boston. His passion and energy for the alternative format will help push ‘ALT 92.9’ to new heights!”