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Thursday, July 2, 2020

| July 2, 2020

COMING THIS WEEKEND:  Independence Day Weekend Edition 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, will be posted tomorrow (Friday) afternoon at 3:00 pm ET.  This new episode titled “Self-Evident!” will look back at this past week of June 29-July 3, 2020 in addition to paying tribute to the founding of America.  The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERSVince Benedetto, CEO, Bold Gold Media GroupJennifer Horn, talk show host, Salem Media Group / VP, CRN Digital Talk RadioMatthew B. Harrison, law professor, Western New England University / VP Goodphone CommunicationsLincoln Ware, talk show host WDBZ, Cincinnati; Dan Yorke, talk show host, WPRO, Providence; Doug Stephan, talk show host, “DJV Show” / talk show host, “American Family Farmer.” 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 WRKO, Boston; WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; WVLY, Wheeling, WV; 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; the Virginia Talk Radio NetworkPioneer Valley Radio in Springfield, MA; Podcast Radio, UK and many more.  To listen to this week’s episode (posted Friday 7/3 at 3:00 pm ET),  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.

LiveXLive Closes on PodcastOne Acquisition. The live stream and on-demand platform LiveXLive Media, Inc announces it has closed on its acquisition of PodcastOne. LiveXLive says in a press release, “PodcastOne, which recorded revenue of $27.5 million in calendar 2019, will operate as a wholly-owned subsidiary of LiveXLive. The acquisition is expected to be accretive and will strengthen LiveXLive’s balance sheet as well as diversifying its business model with a significant advertising component.” PodcastOne’s library includes more than 300 podcasts, including: “The Adam Carolla Show”, “The Big Podcast with Shaquille O’Neal,” A&E’s “Cold Case Files,” “Hotboxin with Mike Tyson,” and more. PodcastOne founder and executive chairman Norm Pattiz joins LiveXLive as a significant shareholder and remains executive chairman. Under the terms of the acquisition, LiveXLive acquired 100% of the equity interests of Courtside Group, Inc., the owner and operator of PodcastOne, and issued to stockholders of PodcastOne approximately 5.36 million restricted shares of LiveXLive’s common stock, which are subject to a 12-month lock-up period and certain trading restrictions thereafter.

TALKERS News Notes. Baton Rouge alt-weekly The Advocate reports that Guaranty Broadcasting’s sports talk KNXX-FM “104.5 ESPN” shuffles its programming lineup. Writer Kyle Whitfield says the station breaks up the “Sports Today” duo of Charles Hanagriff and Jimmy Ott with Hanagriff being partnered with former LSU running back Jacob Hester for the new 12:00 noon to 3:00 pm “Hangin’ with Hester and Hanny” show and Ott starting his own “Gametime” program airing from 6:00 pm to 8:00 pm…..FOX News announces that after an independent investigation of allegations of sexual misconduct in the workplace, it has fired “America’s Newsroom” co-anchor Ed Henry. The company sent a memo to staffers written by FOX News Media CEO Suzanne Scott and president and executive editor Jay Wallace explaining Henry’s departure. Henry’s attorney, Catherine Foti, issued a public statement that Henry denies the allegations and “is confident that he will be vindicated after a full hearing in an appropriate forum.”…..Chicago media writer Robert Feder reports that radio producer Carl Amari’s golden age of radio programming is moving from Nexstar Media Group’s WGN-AM to Salem Media Group’s crosstown WIND-AM. WGN recently announced it is dropping the weekend overnight “WGN Radio Theatre” program. Now, the syndicated “Hollywood 360” – co-hosted by Amari and Lisa Wolf – will air from 8:00 pm to 12:00 midnight on WIND-AM. Salem Chicago RVP and general manager Jeff Reisman says, “We are excited to have ‘Hollywood 360’ and Carl Amari back on AM 560. Carl expertly weaves together a unique mix of content that has continued to attract and entertain listeners for years, and we look forward to welcoming them back.”…..This might fall into the “at least they spelled our name right” category. Daily Herald columnist Jim O’Donnell writes about the state and future of ESPN’s WMPV, Chicago “ESPN 1000” – being operated by Good Karma Brands under the leadership of general manager Mike Thomas. O’Donnell is clearly not impressed with sports talk in Chicago but gives Thomas – who arrived in his home state back in January after leading the programming at Entercom’s WBZ-FM, Boston “98.5 The Sports Hub” – the opportunity to talk up the changes taking place at WMVP.

‘Mightier 1090’ in San Diego to Use SportsGrid Tech Platform. When the new iteration of talk programming takes to the airwaves of San Diego on XEPRS as “The Mightier 1090” sometime this summer, SportsGrid’s cloud-based automation and live production tools will be used by the station. SportsGrid says its production services will stream the “Mightier 1090” audio feed through a low-latency IP connection from the cloud to the station’s transmitter. Marketing executive Bill Hagen is leading operations of the soon-to-debut station. He says, “I’ve listened to the people and the dream of bringing ‘The Mighty 1090 AM’ back to Southern California has now become a reality. The legendary tradition is back in a Mightier fashion, allowing for carefully thought out, desired programming to once again serve the Southern California region.”

COVID-19 Statistics & Projections/Mask Controversy, Seattle CHOP Ends, Policing in America, Confederate & Colonial-Era Monuments Issue, Russia-Taliban Bounty Report, Facebook Advertiser Boycott, Court Strikes Trump Asylum Order and Vacate Mary Trump Book Restraint, and Status of Sports Leagues Among Top News/Talk Stories Yesterday (7/1). The rise in COVID-19 cases in numerous states and projections for future outbreaks tied with the controversy over the wearing of masks to diminish transmission; the Seattle police clear the CHOP in the aftermath of two killings in the area; the criticism of policing in the U.S.; the movement to remove Confederate and Colonial-era monuments; the report that Russia has been offering bounties to Taliban fighters for killing U.S. servicemen; Facebook deals with an advertiser boycott over its handling of “hate speech” and “misinformation”; a court strikes down the Trump administration’s order denying asylum requests from people from Latin American nations and a court vacates the restraint on Mary Trump’s book; and the status of American 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. New York hip hop outlet WWPR “Power 105.1” is presenting “A Celebration of Pop Smoke’s Shoot for the Stars, Aim for the Moon Album Release” starting at midnight tonight (7/3). iHeartMedia’s “Power 105.1” will celebrate the life and works of Pop Smoke by playing songs from Shoot for the Stars, Aim for the Moon at the top of every hour, plus exclusive Pop Smoke interviews with Power 105.1’s Angie Martinez, behind-the-scene photos and performances from Power 105.1’s POWERHOUSE available at Power1051’s website, Instagram, Facebook and Twitter, as well as check-ins from 50 Cent, Steven Victor, Lil Tjay, Fivio Foreign, The Breakfast Club and more…..The weekend country radio show “B-Dub Radio Saturday Night” debuts Saturday (7/4) in partnership with its syndication development partner, Skyview Networks. Host Bryan “B-Dub” Washington is throwing a Fourth of July party featuring country radio’s superstar duo LoCash as a special guest to celebrate the show’s re-launch with listeners across the country. The show has added new affiliate stations, including iHeartMedia’s WEBG, Chicago “BIG 95.5,” whose PD Lance Houston says, “B-Dub has added such a great energy to ‘BIG 95.5’ on Saturday nights! If you want your station to sound fun again on Saturday night, while staying true to the format and the sound of country music, then this is the show for you.”…..Programming pro Mike McCoy is named operations manager at Stephens Media Group’s Rochester, New York that includes adult contemporary WRMM-FM “Warm 101.3,” alternative WZNE-FM “94.1 The Zone,” and adult hits WFKL-FM “Fickle 93.3.” He will also program “Warm 101.3” and “Fickle 93.3” SVP of programming Bob Thornton says, “Mike is exactly the kind of person we need in the Rochester market. His relentless pursuit of excellence, leadership qualities and vast experience will take this cluster to new heights.”

Friday, May 8, 2020

| May 8, 2020

LiveXLive Acquiring PodcastOne in All Stock Deal. The digital media firm LiveXLive Media, Inc. has signed a definitive agreement to acquire Courtside Group, Inc., the owner and operator of PodcastOne in an all stock deal. The press release states that the transaction is valued at $18.1 million based on LiveXLive’s closing price on May 7, 2020. LiveXLive will acquire 100% of the equity interests of Courtside Group, Inc. and issue to stockholders of PodcastOne approximately 5.45 million restricted shares of LiveXLive’s common stock, which would be subject to a 12-month lock-up period and certain trading restrictions thereafter. The proposed acquisition is expected to close by June 2020, subject to certain closing conditions. PodcastOne recorded gross revenue of $27.5 million in calendar year 2019. LiveXLive chairman and CEO Robert Ellin says, “We’re excited to expand our business into the fast-growing podcast category, complementing our music platform of streaming audio, on-demand video, and live event performances. The acquisition will add to and diversify our revenue with a strong advertising component. Once acquired and integrated, we will have a significant opportunity to cross-sell and cross-promote to our respective subscribers, advertisers, and sponsors as well as provide our collective artists and on-air talent with an expanded platform to increase their social media and online presence.” PodcastOne founder and executive chairman, Norman Pattiz is joining LiveXLive as a significant shareholder and remains as executive chairman of PodcastOne. Pattiz comments, “All of us at PodcastOne are excited about joining the LiveXLive team and taking advantage of obvious future synergies between our businesses. I look forward to working with Rob Ellin to close the acquisition and achieve the growth we both envision. PodcastOne is a premium producer, distributor, and revenue-generator for audio-on-demand programming. PodcastOne’s well-established podcasting business is an excellent complement to LiveXLive’s  ‘live social music network,’ delivering premium livestreams, digital audio, and on-demand music.”

NOW POSTED:  New Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.”   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.  The new episode titled “Demographic Genocide?” looks back at this past week of May 4-8, 2020 and features guests (in order of appearance): Kevin Casey, executive editor, TALKERSRic Edelman, financial advisor / talk show host; Martha Zoller, talk show host, WDUN, Gainesville, GA; Kate Delaney, talk show host, GCN; Barry Farber, talk show host, CRN; Dick Morris, pundit / author; and Victoria Jones, executive director, DC Radio Company. 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 WRKO, Boston; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; WVLY, Wheeling, WV; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; WGDJ, Albany, NY;  WJFN-FM, Richmond, VA; WZFG, Fargo; KTGO, Tioga, ND; WPHM, Port Huron, MI; KSYL, Alexandria, LA; the Virginia Talk Radio Network, Pioneer Valley Radio in Springfield, MA, Podcast Radio, UK and many more.  To listen to this week’s episode (and the program’s complete archives), 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.

iHeartMedia’s Q1 Revenue Down 1.9%. After a strong financial performance in January and February, the COVID-19 pandemic took its toll in March and iHeartMedia finished the first quarter of 2020 with revenue of $780 million, down 1.9% over the same period in 2019 (and down 4.8% excluding political). The company reports an operating loss of $1.7 billion, “driven primarily by non-cash impairment charges” that “reduce intangible asset and goodwill book values established in May 2019 upon required application of fresh start accounting where the macroenvironment was significantly different than today.” Adjusted EBITDA was $140.3 million, down 10.6% year-over-year. Free cash flow from continuing operations was $69.9 million, a decrease of $43.8 million or 38.6%. iHeartMedia chairman and CEO Bob Pittman says, “As America’s #1 audio company, with unparalleled reach both nationally and locally, we play a critically important role in providing companionship, connection and key information to all the communities we serve, and we are incredibly proud of our employees’ commitment to that mission in response to the COVID-19 pandemic. Although businesses and brands across the country have been impacted, we are working closely with them on their marketing needs and are focused on helping them generate the consumer demand to reopen or ramp up. Our multiplatform offering, our unparalleled reach and our unique data and analytics position us well to benefit as a company from this returning advertising demand.”  Company president, COO and CFO Rich Bressler adds, “Given the current economic environment, iHeart has taken actions that we believe expand the company’s financial flexibility and provide sufficient liquidity to operate effectively even in an extended period of economic weakness. We believe that iHeart’s fundamentally strong free cash-generation model, substantial current cash balances, incremental benefits from our cost savings initiatives, and flexible capital structure will enable us to build effectively on our audio market leadership and position us favorably to capitalize on the eventual recovery in advertising demand. With our experienced management team and our unparalleled assets, we are confident in our business and continue our focus on driving shareholder value.”

Edison Research: U.S. Moms Relying More on Tech. This latest installment of Edison Research’s “Moms and Media 2020” study includes data from The Infinite Dial series from Edison Research and Triton Digital, and a recent online survey conducted during COVID-19 restrictions. The report highlights how moms with kids under the age of 18 in the household continue to hold tight to their tech tools while sheltering at home, and they are relying on their technology and media to get through the day. Edison VP Melissa DeCesare says, “This virus has turned life upside down and parents have the added pressure of guiding children through this unsettling time.  Moms are masters at balancing tasks in normal circumstances, but they have found even more capacity to multi-task in this pandemic. Additional responsibilities like distance learning and managing the family dynamic while in isolation are increasing the need for media and technology in the home. This year’s study shows us that moms are meeting these challenges by relying on media, devices and technology to help them get through this new normal.” Some of the findings are: Moms are using their devices more during the COVID-19 pandemic. Working remotely, helping children with distance learning, and keeping in touch with friends and family are driving heavier use of all digital devices; Moms are facilitating distance learning with 54% of moms saying they are spending a lot of time helping their children with distance learning; Moms are using social media with 39% agreeing that social media is the main source for staying up to date on the COVID-19 pandemic in their community and 56% of moms say that they are grateful for social media during the pandemic; and while it is unknown how long this new normal will last, nearly 4 in 10 moms think their current media habits will stay with them even after it is over. See more here.

Three Entercom Podcasts Nominated for Peabody Awards. The nominations for Peabody Awards have been announced and three podcasts from Entercom’s Podcast Network are included among the nominees. “Headlong: Running from COPS” and “The Catch and Kill Podcast with Ronan Farrow” from Pineapple Street Studios, and “Gangster Capitalism, Season One: The College Admissions Scandal” from Cadence13’s C13Originals studio were nominated. Winners will be announced at a later date. Pineapple Street Studios co-founders Jenna Weiss-Berman and Max Linsky say, “For our small shop to get two Peabody nominations is just an incredible testament to the care, thought, and creativity the entire Pineapple Street Studios team puts into the work. Working with world-class talents like Dan Taberski and Ronan Farrow is an honor and we’re thrilled by the recognition for our incredible staff and these two critically important shows, which we were so proud to put out into the world.” The Peabody Awards honor the most powerful, enlightening and invigorating stories in television, radio and digital media. See all the nominations here.

COVID-19 Statistics and Projections Top News/Talk Story for Week of May 4-8. The number of confirmed COVID-19 cases and deaths in the U.S. and the projections for future cases was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was the state of the U.S. healthcare system.  Coming in at #3 was a tie between the economy, the debate over re-opening, and criticism of the airlines, followed by the presidential race, politics, and the Michelle Obama film at #4. See the entire chart here. 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.

TALKERS News Notes. A special, virtual town hall meeting produced by SiriusXM is taking place today on the Business Radio channel featuring host Dan Loney of Wharton Business Daily that addresses the questions on Americans’ minds about how and when to safely reopen the economy. Guests on the program include: Hyundai Motor Company’s Jose Munoz, Ford Motor Company COO Jim Farley, Kahn Academy CEO Sal Kahn, Cleveland Federal president Loretta J. Mester, Board of Scientific Counselors chair Dr. Thomas Inglesby, Euro Pacific Capital CEO Peter Schiff, chef and restaurateur Wolfgang Puck, DHL CEO Greg Hewitt, and U.S. Transportation Secretary Elaine Chao…..The Talk Shows USA syndicated program “The Money Pit Home Improvement Show” adds new affiliate stations to its roster. They are: WRTA-AM/FM, Altoona, PA; WGNC-AM, Gastonia, NC; WPAY-FM, Garrison, KY; KBST-AM, Big Spring, TX…..Jenn White is named as the new host of the WAMU-FM, Washington-based, NPR program “1A.” White has been serving at Chicago Public Media’s WBEZ-FM, Chicago hosting the midday “Reset with Jenn White” program.

Music Radio News and Career Moves. A Memorial Day weekend show from Cumulus Media’s Westwood One Nashville celebrates the start of summertime. “Summer Kickoff with Dustin Lynch” is a salute to the men and women who have made the ultimate sacrifice for their country and some military veterans will join Lynch in the tribute. Fellow artists will share their favorite holiday memories and summer activities throughout the special, including: Luke Bryan, Florida Georgia Line, Thomas Rhett, Kelsea Ballerini, Little Big Town, Keith Urban, Kenny Chesney, and Carrie Underwood. The four-hour-long special will be available for stations to air over the holiday weekend beginning Saturday, May 23 through Monday, May 25, any time between 6:00 a.m. and 12 midnight.