Tag: "Core Media Group"
Red Sox-WEEI Streak Continues. While financial terms of the highly expected deal were not disclosed, Entercom Boston sports outlet WEEI will carry on its role as the radio flagship of the Boston Red Sox through (at minimum) the 2023 MLB season. WEEI and the Red Sox have been partners since 1995. Entercom chief operating officer David Field states, “WEEI and Entercom are delighted to be extending our outstanding relationship with the Boston Red Sox well into the future. It is a true privilege to be partnered with this extraordinary, iconic organization and their world-class team of professionals, both on and off the field. Red Sox fans across the country will continue to hear outstanding Sox play-by-play broadcasts and 24/7 team coverage on WEEI and WEEI.com, the home of Red Sox baseball.” Red Sox president Sam Kennedy comments, “We are pleased to extend our partnership with WEEI for another seven seasons. We look forward to this new phase of our partnership and sharing more winning baseball through the airwaves with our fans across New England.” The WEEI play-by-play crew consists of Red Sox Hall of Fame announcer Joe Castiglione and Tim Neverett, who this year succeeded Dave O’Brien (now doing Red Sox telecasts on NESN); Hamden, Connecticut native Castiglione is in his 34th year in the Red Sox radio booth. In addition to WEEI, the Red Sox Radio Network consists of 55 affiliates throughout the six New England states. To see how WEEI-FM and 28 other MLB radio flagships performed in Nielsen Audio‘s March 2016 PPM sweep, please read today’s exclusive TALKERS special features piece which appears below.
PPM Analysis: MLB Flagships. TALKERS managing editor Mike Kinosian introduces Major League Baseball‘s 2016 radio flagships with a ratings overview based on data from Nielsen Audio’s March 2016 PPM survey period. Highlighted are each key station’s 6+ share; 6+ market rank; month-to-month and year-to-year fluctuations; and a special breakout chart featuring the flagships by league/division. See the first of Mike’s exclusive special feature pieces about MLB flagships here.
TALKERS 2016: Bridging the Generations Is Nearing a Sellout! If you haven’t made your reservations to attend the forthcoming 19th annual edition of the talk media industry’s longest-running and most important national convention, now is the time to do so. It is nearing an early sellout and there will be no registrations sold at the door. TALKERS 2016: Bridging the Generations will take place three weeks from now on Friday, May 20 on the fabulous campus of Hofstra University in Hempstead, NY (on Long Island, just outside of NYC). Featuring a powerful lineup of more than 60 luminous speakers, panel discussions, presentations, breakfast, lunch, closing reception, techno exhibits, live broadcasts and more – this is shaping up to be the most exciting and productive industry networking events of its kind in years. Registration cost is $299 per person and can only be arranged with credit card over the phone. The event is only open to media professionals and communications students. Please call 413-565-5413 for registration, sponsorship, and hotel information. Complete up to date agenda info can be found by clicking here.
Knapp, KCMO-AM Cut Ties. After more than five years as KCMO-AM, Kansas City’s afternoon drive host, Greg Knapp departs the Cumulus Media talk outlet. Regarding his dismissal, Knapp writes on his Facebook page, “I was told repeatedly it was not about my performance. My general manager was very kind in telling me how much she appreciated my show and my work [but] corporate decided it was cheaper to run syndicated programming than it was to pay me a salary. I have consistently had the highest ratings on the station; everyone at Cumulus Kansas City has been very good to me. The good news is I learned a long time ago to always have more than one source of income. I am now ramping up my personal development business [but] I am also looking for new opportunities in radio.” Knapp previously did afternoon drive on KLIF, Dallas; was a syndicated Radio America talk talent; and owned a guest-hosting service. Down or flat for the fourth successive sweep (1.9 – 1.6 – 1.6 – 1.5 – 1.5, 6+), KCMO-AM ranks #21 in Nielsen Audio‘s March 2016 PPM report for Kansas City; Entercom hot AC KZPT “The Point” is the market leader (6.5, 6+).
Presidential Race Tops “Talkers Ten” for Week of April 25 – 29. Activities of the presidential candidates and the battle for delegates were the most-talked-about stories on news/talk radio this week, landing atop the Talkers TenTM. At #2 were the European terrorism investigations and the arrest of Salah Abdeslam, tied with the United States’ Syria military policy. Coming in at #3 was the controversy over state laws affecting public restroom use and gender identification, followed by North Korea’s recent missile tests at #4. 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. View this week’s entire chart here.
“Robbins & Markley” Becomes “Markley & van Camp.” Owing to health concerns that have sidelined Scott Robbins since late-August (2015), there is a title change for the weekday program on Alpha Media Portland’s KXL “FM News 101” and co-owned WMBD, Peoria (Illinois). David van Camp will permanently join Jamie Markley for the “Markley and van Camp Show,” which airs 9:00 am – 12:00 noon on KXL and from 2:00 pm – 6:00 pm on WMBD. Alpha Media executive vice president of programming Scott Mahalick comments that, “David van Camp brings a unique perspective to the show and a great balance to Jamie Markley; together, they are magical.” The first official day of the newly-named “Markley and van Camp Show” will be next Monday (5/2).
SiriusXM Q1 Revenue Rises 11%. The increase is to a record $1.2 billion, with SiriusXM net income up 62% to $171 million; adjusted EBITDA improves 11% to $441 million. The satcaster adds nearly one-half million new subscribers, ending with almost 30.1 million. First quarter results exceeded expectations of chief executive officer Jim Meyer who comments, “I am especially pleased we were able to add 465,000 net new subscribers, leading to an 8% increase in subscribers over the prior year. With excellent subscriber growth so early in the year, we are raising our guidance for full year net subscriber additions to 1.6 million. We set first quarter records for revenue, adjusted EBITDA, and free cash flow, and we are on track to achieve all of our financial goals this year. With a new full-time music channel from Kenny Chesney, live broadcasts from major music festivals, special popup channels for David Bowie, and Billy Joel, as well as new talk shows, and unmatched coverage of the presidential primaries, SiriusXM continues to be the leader in audio entertainment. We are always looking to deliver new, compelling content to our subscribers.” Chief financial officer David Frear notes that during the first quarter, “We reduced our outstanding share count by about 3%, spending $588 million to repurchase 159 million shares of our common stock. Our debt to adjusted EBITDA remained low at just 3.4 times, leaving plenty of flexibility to continue capital returns to our stockholders or make acquisitions while also making investments in our technology, content, and new satellite infrastructure.”
State of the New York Market Report Released. Among the findings from a New York Market Radio Association (NYMRAD) overview is that several industries expanded their footprint in the New York area contributing to a strong first-quarter start. NYMRAD executive director Debbie Beagan remarks, “With luxury retailers and department stores opening locations across the Tri-State area, radio offers high-end businesses an engaging environment for reaching consumers with household incomes of $250,000 and higher. New York market radio reaches 91% of high-income households, $250,000+, [as well as] over 90% of those who own a second home; those planning on buying a luxury car; dined in upscale restaurants; purchased fine jewelry in excess of $500; and vacations in excess of $10,000.” The report addresses latest information about New York’s economy, commuting information, radio and politics, and national radio advertising/usage. Analysis of the New York marketplace is designed to help advertisers understand radio’s impact on consumers and its role in the local advertising landscape. NYMRAD’s “State of the Market Report” provides business trends as well as local information from a variety of sources including Nielsen Audio, Media Monitors, and The New York Times.”
Execs Named to Build Digital Content Network for TheBlaze. Three digital media industry veterans have been added to TheBlaze‘s leadership team. Former Core Media Group chief marketing officer Chris Gannett joins as senior vice president of marketing; previously with CNN and the weekend edition of ABC-TV‘s “Good Morning America,” Matt Frucci is appointed senior vice president of content & programming; and Lisa Fowler – from BET Networks – joins as vice president of talent and culture. TheBlaze president Stewart Padveen notes, “TheBlaze is investing heavily in our mission to redefine the way digital media is delivered and consumed. Chris, Matt, and Lisa are a significant part of a new high-performing culture and a diverse lineup of superstar talent.” Ironically, the additions at Glenn Beck‘s TheBlaze come after cuts across offices in New York, Los Angeles, Washington (D.C.), and Columbus, where a documentary group had been based. Sources tell TVNewser, between 35-45 staffers have been pinkslipped. These layoffs follow what a source calls a “brain drain” of talent over the last year. Chief executive officer Betsy Morgan left the company last summer and her interim replacement, former Premiere Networks chief operating officer, Kraig Kitchen, exited earlier this year. According to The Daily Beast, the latest cuts are meant to “satisfy the requirements of a multi-million dollar bank loan taken out recently to keep Beck’s revenue-challenged enterprise running.” TheBlaze is consolidating the company’s operations to its Irving, Texas headquarters.