CBS Reports Radio Segment Down 4% in Q4 2013; Company Up 6%. While CBS Corporation CEO, president and director Les Moonves spoke glowingly about the performance of CBS Corporation as a whole during yesterday’s Q4 conference call, the radio segment was not part of the celebration and loss of political advertising was given the lion’s share of the blame. The company’s report indicates that after taking political out of the picture, CBS RADIO was flat compared to the same quarter in 2012. Moonves was upbeat about the radio division saying, “In radio, we continue to put an emphasis on great, local programming, which is leading to bigger audiences. During the most recent ratings period, we had double-digit ranking gains in the highly coveted 25- to 54-year-old demo in many of our major markets, and non-traditional revenue from special events was up double digits over one year ago. Our strategy to combine the company’s local TV and radio websites into a single online presence in every market also continues to pay off. In 2013, revenue was up 21% over the year before, and the momentum is continuing here in ’14, including a new record of nearly 57 million unique users in January. I’m also very pleased with the success of our CBS Interactive business. Revenue was up 14% during the quarter, and we continue to see very rapid growth in mobile ad revenue, which was up 118%, and it helped to increase profit substantially.” Thanks to Seeking Alpha for the transcript. Members can read the whole conference call here.
Nielsen Q4 Revenue Up 11.8%; Rises 5.5% for 2013. Media ratings giant Nielsen Holdings N.V. issues its fourth quarter 2013 and full-year financial reports and states that Q4 revenue was $1.6 billion, an increase of 11.8% over the same period in 2012. For the full year of 2013, the company says its revenue was $5.7 billion, a jump of 5.5% over the full year of 2012. The company reports its free cash flow for 2013 increased 34.5% to $573 million from $426 million in 2012 while cash flow from operations increased 14.9% to $901 million in 2013 from $784 million in 2012. The result is the adjusted net income per share on a diluted basis for 2013 was $2.02, up 19.5% compared to $1.69 in the full year 2012. Nielsen acquired radio ratings firm Arbitron during 2013 and the move paid off. The Arbitron business helped add 9.3% to Nielsen’s Q4 revenue and 2.5% to its 2013 revenue.
CBS RADIO Dallas Ups Paul Mann to KRLD-AM PD. At CBS RADIO’s Dallas cluster, news director Paul Mann is promoted to program director for KRLD-AM “NewsRadio 1080 KRLD” and the Texas State Networks (TSN), effective immediately. Mann has served as news director for KRLD-AM and TSN since June 2006 and in this new role he will be primarily responsible for all programming and talent and will report to Gavin Spittle, vice president of news/talk/sports for CBS RADIO Dallas-Fort Worth. Spittle comments, “Paul has shown tremendous leadership as news director with the sole focus on serving the North Texas community. He’s helped put together a tremendous team which shares a great pride in this heritage station.” Under Mann’s leadership, KRLD-AM has been honored with two national Edward R. Murrow Awards, in 2008 (spot news) and 2013 (newscast).
Stella Prado Kuipers Lands at Salem Los Angeles. The successful, former KOST, Los Angeles program director joins Salem Communications to serve in the sales department working on multi-media marketing for Christian talk KKLA, Los Angeles. Stella Prado Kuipers made her announcement on her Facebook page where she wrote: “A new chapter in my life has begun and I’m proud to announce as of March 3rd I am an employee of Salem Communications Radio Broadcasting company! My position is multi-media marketing and I am thrilled to be a part of this company! I’m sooooo excited!” Kuipers had been with Clear Channel’s AC KOST for 20 years – eight as program director – before she was let go in December of 2012.
Programming Changes at WCTC, New Brunswick, New Jersey. A shuffle in afternoons at Greater Media-owned news/talk WCTC, New Brunswick, New Jersey sees current 12:00 noon to 3:00 pm personality Tommy G move to the afternoon drive slot replacing Newsmax-syndicated host Steve Malzberg. Into the early afternoon slot goes WestwoodOne’s Dennis Miller program. WCTC program director Bert Baron states, “We’re excited to welcome Dennis Miller to the WCTC weekday lineup. He’ll have Central Jersey laughing, thinking, and engaged on a daily basis. I can’t think of anyone I’d rather have doing PM drive on WCTC than Tommy G, one of the most passionate and hard-working people I’ve ever known. This is a BIG WIN for WCTC and for Central Jersey.”
Is Nielsen “Lying” About Millennial Audiences? Noted industry observer Jerry Del Colliano thinks so. Del Colliano published a scathing indictment of the ratings research giant in his daily industry blog Inside Music Media (www.insidemusicmedia.com) this morning (2/12) referring to the Nielsen Audio (formerly Arbitron) report released earlier this week stating that “Millennials” (also known as “Generation Y”) are big fans of AM/FM radio and listen to it on average of 11.5 hours per week. This, of course, flies in the face of what has to this point been conventional industry wisdom strongly suggesting that over-the-air radio is rapidly losing ground as a medium of choice for the millions of 20-something children born to Baby Boomers in the 1980s-90s and now coming of age in the millions – a widespread perception that broadcast business leaders openly fear threatens the future of what is increasingly being marginalized as “terrestrial radio.” Del Colliano writes, “The company that now does PPM ratings which records listening that occurs by accident when meters randomly pick up an encoded radio signal is now weighing in on Millennials…an audience that clearly has no use for what consolidators put on the radio these days.” He accuses the major corporate consolidators in radio of “paying hundreds of millions of dollars to report audience estimates that the company [Nielsen] itself admits in a legal statement are not reliable.” Del Colliano is a veteran program director and radio personality who rose to prominence as the founder and publisher of the trade publication Inside Radio which he built to formidability as an independent journal prior to it being acquired by Clear Channel, which still publishes it. Del Colliano has subsequently served a number of years as a member of the music department faculty at the University of Southern California (USC) teaching and writing courses on “Generational Media” specifically documenting and understanding the traits and habits of the rapidly maturing Millennial generation – a subject that he regularly shares with radio industry leaders via his blog and annual conference.
Speaking of Jerry Del Colliano… TALKERS publisher Michael Harrison recently interviewed Jerry Del Colliano on the TALKERS magazine “experimental” talk radio station, TalkersRadio, (www.talkers.com/talkersradio) as a complete installment of the one-hour, media-discussion program he hosts. The program, recorded two-weeks ago (prior to today’s provocative Del Colliano blog), presents the two industry observers in an in-depth discussion about the very subject of the delicate relationship AM/FM radio and Gen-Y. In it, Del Colliano discusses such issues as Gen-Y’s obsession with authenticity as well as its consumer interest in non-over-the-air digital media. To listen directly to the entire 58:00 installment of this first-time public conversation between Michael Harrison and Jerry Del Colliano, please click here.
Talk Host Joe Crummey Publishes Non-Fiction Book. Talk radio pro Joe Crummey has just published his first non-fiction book titled, Planking on Headstones: Your Future Outside of Time (School of Eddiness 2013). The veteran of such historic signals as WABC, New York; KFI, Los Angeles; WNBC, New York; KABC, Los Angeles and KFYI, Phoenix penned this new book that “takes the reader on a journey through space-time that’s rich in love, loss, fear and contemplation. With notes of his on-air, quick-wit persona, Planking on Headstones distills complex issues of religion and science into memorable anecdotes that elicit laughter, tears and a sense of connection. Crummey openly shares about his life, from his brain tumor to the death of his parents, as he explains his theories, such as the ‘Fonzie Principle,’ the ‘Boston Market Revelation’ and the ‘Jesus Burger.’ He also explains why he believes the Big Bang is the most evil thing that has ever happened.” Crummy states, “Throughout my career, I often discussed and challenged religious tenets on air with my audience. But after going through the brain tumor experience, my quest for meaning in this life and beyond intensified. I began to understand the importance of thinking outside of time and allowed myself to imagine the impossible while I explored this subject matter.”
Clear Channel Renews Promotional Deal with Relativity. In a statement, Clear Channel says that the renewed cross-media marketing collaboration between it and media company Relativity will include one-of-a-kind campaigns promoting upcoming movies on the part of Clear Channel and Relativity will provide exclusive content created by its filmmakers and talent that will be shared with listeners and viewers through various Clear Channel platforms. “The programs will also include organic promotional support from popular radio personalities such as Ryan Seacrest, Elvis Duran, Dan Patrick and Steve Harvey; naturally integrated film imaging across local stations and iHeartRadio’s national digital and mobile ad units; homepage website takeovers; and national and local on-air commercial inventory.” Clear Channel says previous successful collaborations between the companies included campaigns for the films “Limitless,” “Immortals,” “Act of Valor,” “Safe Haven” and “Free Birds.”
Odds & Sods. Talk media personality David Webb signs on to write a column for DC political publication The Hill. His column will be available every other Wednesday in The Hill’s print edition, online at thehill.com and on The Hill’s app. In addition to his daily SiriusXM talk show, Webb also appears frequently on Fox News Channel’s “Hannity” and “The Five.”…..Sports USA adds a podcast featuring former NFL star and TV personality Fred Dryer to its programming. Sports USA president Bob Moore says, “Fred Dryer is a true NFL legend and a major TV star. We are excited to add Fred’s show to our growing list of digital audio programs…..WNYC, New York names David Lewis its new metro editor. Lewis taught journalism at CUNY for the past seven years.
NAB to Feature RAB Sales and Marketing Sessions. The Radio Advertising Bureau will present five revenue- and growth-oriented presentations at this year’s NAB Show. RAB president and chief executive officer Erica Farber explains that, “The RAB is in the business of helping sellers on the street close deals and help drive revenue for the radio industry. These sessions will drive home key lessons and tools of the trade. NAB Show attendees will find these sessions invaluable to their future success in the broadcast business.” Specifically, the Radio Advertising Bureau’s focus will be “Lunch and Learn – A Discussion on Radio’s Four Significant Issues;” “Concentrating on Core Radio Revenues;” “Creative Radio Commercial Production and Imaging;” and “Rapid-Fire Revenue Generators for Small and Medium Market Radio.” The NAB Show will be held April 5 – 10 in Las Vegas.
WDVI-FM and WHAM in Rochester Hold Radiothon to Benefit Children’s Hospital. Today and tomorrow Clear Channel Rochester stations hot AC WDVI “100.5 The Drive” and news/talk WHAM are broadcasting the annual “Drive For Miracles Radiothon” to benefit Golisano Children’s Hospital live from the lobby of Strong Hospital. Throughout the event, on-air personalities from each station will talk with current and former patients, their families, and the hard-working hospital staff that “creates miracles” every day. Personalities including WHAM’s Chet Walker, Bob Lonsberry, Shari Smith, Joe Lomonaco, and Bob Matthews and WDVI’s Bill Moran, Julie, JP, and “The Mayor” Pete Kennedy will broadcast from the hospital.
BFoA Names 2014 Ward L. Quaal Leadership Awards Recipients. This year’s recipients of the 2014 Ward L. Quaal Leadership Awards have been announced by the Broadcasters Foundation of America. They will be presented at the Foundation’s annual breakfast on Wednesday, April 9, at the Wynn Hotel during the National Association of Broadcasters Show in Las Vegas. This year’s recipients are: Jim Beloyianis, past president, Katz TV; Dan Mason, president & CEO, CBS RADIO; Deborah Norville, host, “Inside Edition”; Mary Quass, president & CEO, NRG Media; Perry Sook, chairman/president & CEO, Nexstar Broadcasting Group, Inc.; and Nick Verbitsky, chairman, United Stations Radio Networks. The Leadership Awards are given annually by the Broadcasters Foundation in recognition of career contributions to the broadcast industry and the community at large, and are named in honor of iconic broadcaster Ward L. Quaal.
Winter Weather Hits South and Northeast, ObamaCare Rollout Criticism, Afghanistan Prisoner Release, Paul NSA Suit, Debt Ceiling Raised, the Sochi Olympics and Gay NFL Prospect Comes Out Among Top News/Talk Stories Yesterday (2/12). The unusually severe winter weather bearing down on the South and the Northeast; scrutiny of the rollout and effects of the Affordable Care Act and President Obama’s unilateral delay of the employer mandate; Afghanistan’s release of numerous “dangerous” inmates and the state of the U.S.’s relationship with Hamid Karzai; Senator Rand Paul’s suit against the NSA; the GOP’s signing on with Democrats to raise the debt ceiling; the Sochi Winter Olympic Games; and the coming out of NFL prospect Michael Sam were some of the most-talked-about stories on news/talk radio, according to ongoing research from TALKERS magazine.