Tag: "Cyrus Capital"
Ray Mariner to Program ‘106.1 The Ticket’ and ‘NASH FM 92.3’ in New Orleans. In a newly created management position at Cumulus Media’s New Orleans operations, programmer and air personality Ray Mariner begins leading the programming at country WRKN “NASH FM 92.3” and sports talker WMTI “106.1 The Ticket” on April 15. Mariner most recently was a personality on Dickey Broadcasting’s WCNN, Atlanta “680 The Fan.” He also served in the market as PM drive personality on Lincoln Financial Media’s CHR WSTR “Star 94.” Cumulus SVP of programming Mike McVay states, “Ray is a rare breed of programmer and talent. He has shown his programming acumen by performing and succeeding at the highest level. We’re excited to have him oversee the programming of both ‘NASH FM 92.3’ and ‘106.1 The Ticket’ in New Orleans.” Cumulus sports/talk format captain Jim Mahanay adds, “Ray Mariner is a strong addition to Cumulus’ programming team in New Orleans. He brings a great track record and tremendous talent to this important role at ‘NASH FM 92.3’ and ‘106.1 The Ticket.’ I look forward to having him lead our sports programming in this key market.”
Ron Jaworski’s WPEN, Philadelphia Show to Air Year Round. Former Philadelphia Eagles great Ron Jaworski has been hosting a weekly football show on Greater Media’s WPEN, Philadelphia “97.5 The Fanatic” during the regular NFL season but now the station makes his Wednesday evening 6:00 pm to 7:00 pm show a year-round deal. The station is kicking off the program with a live show from Riley’s Pub at Valleybrook Country Club in Blackwood, New Jersey tomorrow evening (4/9). Jaworski says in a statement, “I couldn’t be more excited to be extending the Ron Jaworski show to a year-round event. The NFL has become a 12-month league. It’s going to be fun talking with the Philadelphia fans about free agency, the draft, training camp and eventually when the games get started in September.”
NAB Show: Sound Bites from Sin City. Media consultant Holland Cooke is in Las Vegas reporting for RadioInfo from the NAB Show and here is some of what he’s gleaned from the convention. Cooke writes that although this convention is not a radio gathering – that’s in Indianapolis in September – he says, “The recurring theme radio people hear here is that stations can’t only be ‘in the radio business’ anymore.” Sales skills are probably the most important a broadcaster can have these days and there’s a lot of that kind of advice to be had. During the RAB’s Lunch-N-Learn session, CEO Erica Farber noted that three of radio’s sales mistakes are: being afraid to ask for “The Big Ask”; constant rep turnover; and selling to the same advertisers over and over. Read more of HC’s report here.
Syndication: Love or Money? Moving a radio program into the syndication realm is a challenging venture and it’s a move that can be started for the wrong reasons. In a column published today (4/8), Global Media Services founder Tony Garcia writes that for a show to have a chance at success in syndication – even one that is successful on the local level – there are a number of questions the producer of the show must answer before moving ahead. Garcia says, “If you are going to get the attention of program directors, your show and your pitch must to be relevant and compelling. What is it you are providing for the station and its audience? Are you solving a problem? Are you doing something that the station can’t easily do itself?” Read more about what Garcia suggests a potential show producer must be prepared to answer in his piece here.
Immigration Radio Row Takes Place in Washington Tomorrow. The annual radio row – organized by the Federation for American Immigration Reform – is dubbed “Hold Their Feet to the Fire” and the two-day event begins tomorrow at the Phoenix Park Hotel on Capitol Hill. FAIR says it features the largest gathering ever of talk radio hosts focused on a single issue. Dozens of hosts from across the country will spend two days discussing immigration policy with listeners, lawmakers, law enforcement, immigration experts, activists and members of the media live from radio row while broadcasting their shows back to their home markets. Credentialed members of the press are welcome. In particular, reporters covering the national immigration debate will have access to a wide variety of personalities and perspectives all in one location. For more information, contact Kristen Williamson, press secretary at: office 202-328-7004/cell 847-651-8611.
Q1 Radio Deals Top $300 Million on Strength of WBLS/WLIB Sale. According to SNL Kagan, first quarter 2014 radio deals topped the $300 million mark in value. This big quarter was largely the result of the $131 million (8.5 times cash flow) sale of urban contemporary WBLS and gospel WLIB from YMF Media LLC to Emmis Communications Corporation. The other big deal was the $74 million sale of 10 stations from South Central Communications Corporation to SummitMedia, LLC. SNL Kagan says that compared to the 2013 average of 7 times cash flow, the average radio cash flow multiple rose by half a point in the first quarter of 2014.
NRG Media Reports Completion of Change in Equity Investors. The change in equity investors that NRG Media, LLC announced in October of 2013 is complete. The company says the change solidifies “the new partnership between the Midwest-based media company and Cyrus Capital Partners, an investment management company that actively invests in debt and equity securities on a global basis.” Cyrus has approximately $4 billion in assets under management and its investor base is comprised of sophisticated long term institutional and high net worth investors. NRG CEO Mary Quass states, “We look forward to a long relationship with Cyrus Capital Partners and wish to thank Waitt Media and McCarthy Capital for their support over the last 9 years.”
Odds & Sods. Salem Radio Network nationally syndicated morning host Bill Bennett celebrates his 10th year with the network. His “Morning in America” program was visited on Monday by special guests including former House Speaker Newt Gingrich, fellow Salem talk host Mike Gallagher and WestwoodOne personality Mark Levin…..Newsweb Radio adds local gay rights author and activist Wayne Besen to the weekend lineup at WCPT-AM/FM, Chicago to host a weekly Saturday afternoon program called, “I’ve Got Issues.” Newsweb president Charles Gross says of the progressive program, “We are excited about this hard-hitting new show that will debate the critical local and national issues that affect our lives.”…..CBS Radio News White House correspondent Peter Maer is being awarded the Merriman Smith Memorial Award for Presidential Coverage Under Deadline Pressure. Maer is receiving the honor for his reports at the Hampton Roads, Virginia shipyard where the president traveled to make his case on last year’s sequestration fight. The White House Correspondents Association says, “Peter Maer’s story on the potential impact of budget sequestration did what White House reporters too rarely do: It humanized a national political story, and managed to do so on an extremely tight deadline, no less.”
A Day at the Races. WBAP, Dallas talk show host Chris Krok (left) poses for a photo with “Duck Dynasty” patriarch Phil Robertson (right) at the Texas Motor Speedway during its “Duck Commander 500” race held over the weekend. Also in the photo is Krok’s son Isaac (center). Krok broadcast his program live from the speedway on Friday (4/4) and then hosted 80 listeners who bought tickets to be part of “Krok and His Flock” on Saturday. Krok and his listeners were able to tour the garage and pits.
ObamaCare Criticism, IRS Scandal, Russian Aggression in Ukraine, Common Core Controversy, Malaysia Airlines Flight 370 Search, and Student Athlete Compensation/NCAA Championship Game Among Top News/Talk Stories Yesterday (4/7). Ongoing scrutiny of the rollout and effects of the Affordable Care Act; the move by House Speaker John Boehner to bring legal action against ex-IRS official Lois Lerner; Vladimir Putin’s aggression in Ukraine and fears he’s preparing to arm Iran; troubles with the Common Core standards as states drop the program; the continuing search for the missing Malaysia Airlines Flight 370; and controversy over compensating student athletes and the run-up to the NCAA Championship game were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.