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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. This new episode titled “The Envelope Please!” looks back at this past week of November 2 – November 6, 2020. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS; Brett Winterble, talk show host, WBT, Charlotte; Graham Mack, talk show host, Podcast Radio, London, UK; Dr. Renee Kohanski, psychiatrist / commentator, MDedge Psychcast; Michael Zwerling, talk show host / owner, KSCO, Santa Cruz, CA; and Walter Sterling, talk show host, “Sterling On Sunday.” 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 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; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; the Virginia Talk Radio Network; CRN Digital Talk Radio Network; Pioneer 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.
Entercom and Urban One Announce Station Swap Involving Four Markets. A swap between Entercom and Urban One encompasses stations in three markets. Under the terms of this deal, Entercom acquires WPHI-FM, Philadelphia; WHHL-FM, St. Louis; and WTEM-AM, Washington, DC. Also, Entercom gets the format, brand and creative assets of Urban One’s WFUN-FM, St. Louis “The Lou” which will be moved to Entercom’s KNOU-FM, St. Louis. In return, Urban One acquires Entercom’s Charlotte cluster that includes news/talk WBT-AM/FM, sports talk WFNZ-AM, and hot AC WLNK “107.9 The Link.” Both companies will begin operating their respective acquisitions under LMAs beginning November 23. The addition of WTEM-AM, Washington “The Team 980” gives Entercom a second sports talk outlet in the DC market, complementing WJFK-FM “106.7 The Fan.” Entercom DC SVP and market manager Ivy Savoy-Smith says, “For years, WTEM has established itself as the go-to home for everything surrounding The Washington Football Team, and we’re proud to enhance our position as unrivaled leaders in sports radio by adding the station to our portfolio. The Washington Football Team is a pillar in the D.C. sports community, and we look forward to providing our listeners a home to tune in to all the action on game days and stay up-to-date throughout the year.”
Entercom-Urban One Deal Gives All-News KYW, Philadelphia an FM Presence. With Entercom’s acquisition of Philadelphia FM signal WPHI from Urban One, Entercom announces it will simulcast heritage all-news KYW-AM on the 103.9 FM signal. Entercom Philadelphia SVP and market manager David Yadgaroff comments, “In this critical time for our community and country, simulcasting the iconic ‘KYW Newsradio’ on FM will greatly expand the reach of important, credible local journalism and enhance the listener experience on the crystal-clear FM dial. This station is the heartbeat of the community and we’re really excited about serving more listeners while providing additional access on top of 1060 AM, RADIO.COM, and smart speakers. The simulcast will begin on November 23.
Entercom’s 2020 Q3 Net Revenue Down 30%. On the positive side, Entercom Communications’ net revenue for the third quarter of 2020 was $268.5 million and that was up 53% from the second quarter of this year. However, that was 30% below the $386 million posted in the third quarter of 2019. The company notes that net revenues improved each month during the third quarter compared to the prior year: July was down 36%, August was down 32% and September was down 25%. Digital climbed 41% over the same period in 2019, posting revenue of $47.3 million. Entercom reports a third quarter operating loss of $259,000, compared to operating income of $79.5 million in Q3 of 2019. Entercom CEO David Field states, “I am pleased to report that Entercom continued to make significant organizational improvements in the third quarter in the face of the deeply challenging pandemic. Third quarter net revenues were up 53% from the second quarter while our continuing work on enhancing our business model yielded an 18% reduction in operating expenses versus the prior year enabling us to rebound to positive Adjusted EBITDA of $31 million. We expect further improvement in both revenues and Adjusted EBITDA in the fourth quarter. We continue to suffer from the deep impact of the pandemic which has caused many of our advertisers in businesses such as concerts and live events, tourism, gyms, nightclubs, museums, movies, theme parks, public transportation, airlines, restaurants, and others to temporarily cease or significantly curtail their operations and advertising. We look forward to welcoming them back once we emerge from the pandemic. We continue to build and transform Entercom into a leading multi-platform audio content and entertainment company with scaled audience reach, robust data, analytics and attribution capabilities, and a leadership position in virtually every segment of the dynamic and growing audio market, including broadcasting, podcasting, digital, events, network, music, sports and news. Entercom is strategically well positioned for future performance as our enhanced capabilities enable us to expand our customer relationships and accelerate growth.”
Cumulus Promotes Ken Roberts to Market Manager for Washington, DC. Rising from his vice president, sales position with Cumulus Media’s Washington, DC duo to vice president and market manager is Ken Roberts. He takes over for Jake McCann, who exits to lead the Philadelphia-based real estate investment firm The HOW Group, LLC. Roberts will lead the duo of news/talk WMAL-FM and sports talk WSBN-AM “ESPN 630 The Sports Capital.” Cumulus Media EVP of operations Dave Milner says, “Since joining the Cumulus team in 2016, Ken Roberts has done a terrific job leading our sales effort in Washington, D.C. His creativity, experience, leadership, and performance made Ken the ideal choice for this key role. Ken has earned this promotion and we are excited to have him lead this highly talented and effective D.C. team!”
Twitter Permanently Suspends Stephen K. Bannon’s Account. Former White House chief strategist, former Breitbart chief executive, current talk media host Stephen K. Bannon has had his Twitter account permanently suspended after he tweeted that President Trump should fire Dr. Anthony Fauci and FBI Director Christopher Wray and then went further, “I’d put the heads on pikes. Right. I’d put them at the two corners of the White House as a warning to federal bureaucrats. You either get with the program or you are gone.” At the same time, Facebook shut down the page of the pro-Trump group Stop the Steal. A Facebook spokesperson commented to CNN, “In line with the exceptional measures that we are taking during this period of heightened tension, we have removed the group ‘Stop the Steal,’ which was creating real-world events. The group was organized around the delegitimization of the election process, and we saw worrying calls for violence from some members of the group.”
The Presidential Race, Electoral College, and Trump Lawsuits Tie for Top News/Talk Story This Week. The 2020 presidential election, the Electoral College, and Donald Trump’s lawsuits combined as the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was congressional races, local races, and propositions, followed by COVID-19 stats & projections and health care at #3. 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.
TALKERS News Notes. Based on Nielsen data, Newsmax TV broke its previous ratings records with Tuesday’s election night coverage. Newsmax Media says Newsmax TV reached 3 million viewers with the highest per minute viewership at 592,000 viewers. Moreover. Initial OTT reports indicate the network reached an additional 4 million viewers on Election Day and the day after on OTT services such as Roku, YouTube, Xumo, Pluto and others…..The St. Louis Post-Dispatch’s Dan Caesar reports that the sale process of sports talk KFNS-AM, St. Louis is ongoing despite owner Randy Markel’s belief that he and his wife have contracted COVID-19. Markel is selling the station to a group led by current station manager John Hadley. Markel tells the paper that the process is in the hands of the lawyers now and that the deal “will get done.” Hadley is currently tweaking the station to be a true all-sports outlet. Several weeks ago it ended its deal with general issues talker Frank O. Pinion who’d been hosting the afternoon drive daypart…..iHeartMedia receives approval from the Federal Communications Commission for an increase in its authorized aggregate foreign ownership from 25% to 100% (subject to certain conditions set forth in the Declaratory Ruling). The FCC concludes that the public interest would not be served by prohibiting foreign investment in iHeartMedia of up to 100%. The decision allows holders of iHeartMedia warrants to have those warrants exchanged into Class A or Class B shares of iHeartMedia common stock and affords iHeartMedia flexibility to accommodate increased foreign investment that may result from share purchases by the public…..Alec Baldwin’s “Here’s The Thing” podcast is joining iHeartMedia’s iHeartPodcast Network in January. Baldwin says, “With the shift over to iHeartRadio, we’re breathing new life into a project I’ve been passionate about for nearly a decade. Hosting this show and speaking to so many remarkable people over the years has been such a joy, and I’m eager to see where we go from here.”…..Beasley Media Group unveils the Bravery Network in the Ft. Myers market. The weekend public affairs radio program is hosted by CHR WXKB “B103.9” morning show personality and Army veteran Jason “Big Mama” Jones and is dedicated to shining a light on important issues ranging from PTSD and wellness to saluting Veterans who are making a difference in the local community. Jones says, “Florida has one of the largest veteran populations in the United States. As an Army veteran, I know first-hand the importance of finding resources after service can be both complicated and unique. The Bravery Network hopes to not only streamline these resources but bring awareness to those who don’t know about the struggle of reintegration into society.”…..The Library of American Broadcasting Foundation announces its 2020 Board of Directors. Heidi Raphael, chief communications officer at Beasley Media Group, is named co-chair, effective immediately. She joins Hubbard Radio CEO Ginny Morris as co-chair of the organization. Pierre Bouvard, Gary Chapman, Erica Farber, David Kennedy, Dr. Judy Kuriansky and Heidi Raphael have been re-elected to a three-year term on the Board of Directors. In addition, Ginny Morris, Gary Chapman, David Kennedy and Jack Goodman will continue to serve additional two-year terms on the Executive Committee.
Music Radio News and Career Moves. A collaboration between Beasley Media Group and Broken Bow Records will result in their first-ever virtual “Country Christmas Concert.” The event will take place on Wednesday, December 16 at 8:00 pm on Beasley’s WKXC-FM, Augusta, Georgia; WKLB-FM, Boston; WSOC-FM, Charlotte; WKML-FM, Fayetteville; KCYE-FM, Las Vegas; WXTU-FM, Philadelphia; and WQYK-FM, Tampa. Beasley says the show will be hosted by local station personalities in an “up-close-and-personal setting.” Artists scheduled to perform include: Dustin Lynch, Chase Rice, Jimmie Allen, Runaway June, Elvie Shane, and Lainey Wilson…..Cox Media Group San Antonio names Craig Jones director of sales for the cluster that includes: classic hits KONO-FM, rock KISS, country KKYX-AM/K285EU, hot AC KSMG, classic rock KTKX-FM, country KCYY, and oldies KONO-AM. CMG San Antonio VP and market manager David Able says, “Craig is an influential leader who has a long track record of success leading highly talented sales teams within our industry. I have no doubt that under Craig’s leadership our sales team will thrive and continue to deliver strong results for our clients.”