Tag: "Capitol Broadcasting"
Entercom Names VP of News; 10 Promoted to Executive Posts. In a memo to staff from Entercom president and CEO David Field, he announces that news pro Bill Smee is named to the newly created position, vice president of news. Smee has served with CNN, NBC News, and Slate during his career. Field says Smee “will spearhead our work to enhance and expand our news brands, building on their unparalleled position in our communities and adding new products and capabilities across our broadcast, digital, podcast, and smart speaker platforms. We are very excited about the future of our news and news/talk brands and the robust opportunities that lie ahead.” Field also announced the following promotion of 10 staffers to the following positions: Chris Ebbott, vice president, programming; Chad Fitzsimmons, senior vice president, promotions & experiences; Rose Isard, vice president, senior counsel; John Kennedy, senior vice president, engineering; Jennifer Morales, vice president, corporate communications & PR; Nancy Muir-Gaire, vice president, facilities management; Johnny Palumbo, vice president, senior counsel; Reggie Rouse, vice president, programming; Jeff Sottolano, executive vice president, programming; and Stephanie Taylor, vice president, benefits, compliance and talent acquisition.
David Field Positive About Entercom’s Future. In the same memo referenced above, David Field says he’s optimistic about the future for Entercom even though he says the road will “be bumpy and the continuing toll on our society tragic.” He says that since the nation’s economy bottomed out in April, things are improving. “Since then, our revenues have shown strong and steady improvement with each successive month getting progressively better. While there is still a long way to go, momentum is building as sports return. RADIO.COM remains the country’s fastest growing digital platform, our podcasting business continues to expand and thrive, and we are reactivating customers who shut down in the spring. In addition, advertising rates are rebounding as clients return and inventory tightens across all media during this intense political season. We are counting on our sales teams to be at their very best in the weeks ahead to help drive a speedy recovery.”
Saga Communications Q2 Revenue Down 47.6%. Reporting its second quarter 2020 financial data, Saga Communications’ net operating revenue for the period was $16.9 million, a decrease of 47.6% compared to the same period in 2019. During Q2 of 2019, the company reported net income of $4.7 million. In Q2 of this year, Saga is reporting a net loss of $4.9 million. Saga says, “Saga Communications, Inc. reported today that second quarter revenue and related net income (loss) was materially impacted by disruptions to businesses and service providers activities from closures and restrictive measures imposed by governmental authorities attributable to COVID-19 in the markets in which the company operates, and the nation as a whole. The inability for businesses and service providers to operate normally negatively impacted all broadcast and other media advertising. Initial industry estimates for radio broadcast revenue predicted a decrease in gross revenue of more than 50% for the month of April. This held true for the company as well. The company, however, did show monthly revenue improvements for each subsequent month, as the company concentrated on new revenue strategies and enhanced engagement with its existing and new advertisers. This trend has continued through Q2 and further revenue improvement has been noted in the beginning of Q3. From the company’s low point in April when its gross revenue was down 55% compared to the prior period, its revenue has continued to build. The company’s July revenue was down 29% over the prior period. These amounts represent gross cash revenue. Trade and barter revenue are not included in these gross revenue numbers, because it only represents approximately 2% of the company’s revenue each month. From the start of Q2 to the end of the first month of Q3 there was a reduction in the decline in revenue by approximately 50%.”
Round Two of July PPMs Released. The second round of ratings information from Nielsen Audio’s July 2020 PPM has been released for 12 markets including: Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis. Nielsen’s July 2020 survey period covered June 18 – July 15. You can see all the 6+ numbers from subscribing stations here. TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways for this group of markets. Cumulus Media’s news/talk WMAL-FM, Washington adds two-tenths to finish with an 8.4 share and is #1 for the fourth straight survey. Hubbard Radio’s all-news WTOP-FM, Washington tacks on one-tenth for a 7.7 share and the #2 rank. Bonneville’s news/talk KIRO-FM, Seattle is flat with a 7.1 share and continues at #1 for the fifth survey in a row. iHeartMedia’s KFYI, Phoenix adds three-tenths for a 4.4 share finish good for #6 in the market. Entercom’s KMOX, St. Louis picks up three-tenths, good for a 5.0 share and the #9 rank in the market. See Mike Kinosian’s complete report here.
Steve Borneman Named COO for JAM Media Solutions. Radio executive Steve Borneman joins JAM Media Solutions as chief operating officer. JAM owns and operates two music outlets and a digital publication in Muscatine, Iowa and news/talk WZPR “News/Talk 92.3,” three music outlets and the digital platform OBXToday on the Outer Banks in North Carolina. Borneman, who most recently was COO of Pamal Broadcasting, will be based in North Carolina. JAM Media Solutions CEO Jonathan Mason says, “I am excited to work with Steve again. We worked together at 77 WABC in New York. Steve is one of the best operators in radio and an amazing human being! JAM Media Solutions is excited to welcome him to the family and we look forward to winning with him!” Prior to joining Pamal, Borneman served as president and general manager at Cumulus Media New York.
TALKERS News Notes. Radio pro Sammy Simpson tweets that he’s been hired as the new brand/content manager for Capitol Broadcasting Company’s Raleigh/Durham, North Carolina stations that include adult contemporary WRAL-FM, a trio of sports talk outlets – WCMC-FM, “The Buzz,” and WDNC – and “95.7 FM That Station.” He starts on September 8. In June, the company eliminated the sports content director post held by Dennis Glasgow…..Public news/talk outlet WAMU-FM, Washington is in turmoil over allegations of sexual harassment at the American University-owned property. It all came to a head after the WAMU-owned publication DCist ran a story by Rachel Kurzius that details allegations of harassment and improper behavior by former WAMU reporter Martin Di Caro. The Washingtonian reports that at an all-staff meeting, numerous employees were asking for station general manager J.J. Yore to resign, something he says he will not do at this time. Former WAMU chief content officer Andi McDaniel left the station last month to join Chicago Public Media’s WBEZ-FM, Chicago as president and CEO, effective in September. The DCist piece indicates she was well aware of Di Caro’s behavior, having signed off on a “Level III Final Written Warning for Serious Misconduct” given to Di Caro after “almost two years” of complaints.….Cox Media Group’s news/talk KRMG-AM/FM, Tulsa is joining the Kansas City Chiefs Radio Network and will air all games when the season begins. Cox Tulsa market VP Cathy Gunther says, “We know that Green Country football fans are eager for more ways to listen to their favorite teams and we are glad to add the Chiefs Radio Network to our programming. This has been a while in the making and we are very proud of what is about to hit the airwaves at KRMG.”…..Public media WGBH firm announces it has hired two journalists for its growing newsroom. Carrie Saldo joins WGBH as a reporter covering Worcester County and will be based in WGBH’s recently announced Worcester news bureau. Former Boston Globereporter Megan Woolhouse reports on education for the WGBH news K-12 education desk.
Former Radio Exec Norm Schrutt Dies at 87. Former former Capital Cities/ABC executive Norm Schrutt died in Atlanta Tuesday (8/4) at age 87. Salem Radio Network V.P. of News/Talk Tom Tradup tells TALKERS magazine he worked for Schrutt while serving as president and GM of WLS-AM, Chicago in the early 1990s. He says that in recent years, Schrutt led a talent agency in Atlanta representing broadcasters. “Norm was a larger-than-life personality in his own right, with a sarcastic, wry sense of humor. Once when his daughter was about to give birth to his first grandson, I asked him if he wanted to be called Grandpa or PaPa or some other nickname. He replied, “I’d like the kid to call me Mr. Schrutt.”
COVID-19 Statistics & Projections, Presidential Race/Tuesday Primaries, Trump Axios Interview, Portland Protests, TikTok Deal/U.S.-China Relations, Beirut Explosion, Tropical Storm Isaias, and Pro Sports Leagues’ Struggles Among Top News/Talk Stories Yesterday (8/4). The rising number of COVID-19 cases in numerous U.S. states and projections for future cases; the November presidential election, the debate over vote-by-mail, and the results of Tuesday’s primary elections; the criticism of President Trump’s interview with Axios; the BLM protests taking place in Portland; the deal for Microsoft to acquire Chinese app TikTok and U.S.-Chinese relations; the explosion that rocked Beirut; the damage along the East Coast from Tropical Storm Isaias; and the positive COVID-19 cases affecting pro sports leagues 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. Non-commercial triple A WXPN, Philadelphia is airing a special series of broadcasts all next week, beginning on August 10. “Woodstock Week: Back to the Garden Again” will feature all 33 music sets from the 1969 Woodstock music festival. In August 2019, WXPN exclusively replayed every moment from the four-day Woodstock festival in commemoration of its 50th anniversary. Listeners from across the globe tuned in and WXPN’s special broadcast was picked as a “Who Won the Week?” winner on MSNBC. WXPN associate GM for programming Bruce Warren says, “Our four-day broadcast last year was a unique, one-time opportunity to bring the entire Woodstock festival to WXPN listeners in celebration of its 50th anniversary. This year, we’re looking forward to hearing the full music sets performed by all 33 Woodstock artists – from Joan Baez to Johnny Winter – that will really highlight what the music meant at that special point in music history.”