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Monday, May 9, 2022

| May 9, 2022

Pending Business: Howdy Partner. Radio sales pro Steve Lapa writes today about the strange use of the word “partner” for the advertiser on a radio program. Lapa says, “Do our advertisers (customers) really want a partnership in the true sense of the word? Or do our advertisers want what everyone else wants: maximum value at the best price?” Aside from the inaccurate nomenclature, Lapa wonders if the “partner” designation affects the sales effort. Read his column here.

 

Monday Memo: “Gas cards? OR…Bitcoin?” “Imagine asking a contest winner to choose THAT?” consultant Holland Cooke asks. In this week’s column, he recalls “when radio stunts were fun,” and how a contest “will sound as big as you make it sound.” Read more here.

 

Audacy First Quarter Net Revenue Up 14%. For the first quarter of 2022, Audacy reports net revenue of $275.3 million, an increase of 14% over the same period in 2021. The company also saw its net loss shrink from $21.6 million in the first quarter of 2021 to $11 million in Q 1 of this year. Audacy provides financial data by segment and reports that spot revenue (national and local) was $173.9 million, while its digital segment (including podcasting) rose 16% to $53 million from the $41.6 million reported in the first quarter of 2021. Audacy also breaks down net revenue by format type and reports music radio revenue was $140.4 million; sports radio revenue was $53 million; and all-news & news/talk revenue was $48.3 million. Audacy president and CEO David Field comments, “I am pleased to report that Audacy posted strong first quarter results, delivering 152% growth in Adjusted EBITDA led by double digit revenue growth in both digital and spot radio. With our scaled, leadership position across broadcasting, podcasting and digital audio and our differentiated premium content offerings, we are well positioned to drive rapid evolution and innovation across the organization to capitalize on the outstanding growth opportunities in the dynamic audio marketplace. In Q1, we launched the Audacy Digital Audience Network, an addressable aggregate of 60 million listeners across our app, streaming content, and podcast lineup, enabling precision targeting at scale coupled with real-time optimization and reporting. We are looking forward to a number of exciting additional product and content launches and enhancements over the course of 2022 that will accelerate our audience growth and bolster our advertiser appeal.”

 

Beasley Broadcast Group Reports Q1 Net Revenue Increase of 15.6%. Reporting its financial data for the first quarter of 2022, Beasley Broadcast Group – parent company of Beasley Media Group – states that net revenue was $55.7 million, an increase of 15.6% over the same period in 2021. The company is also reporting an operating loss of $2.7 million in Q1 compared to an operating loss of $2.5 million in the first quarter of 2021. The increase in operating loss is primarily the result of an increase in operating expenses, which reflects additional cost of sales related to the revenue increase, other expenses related to sports and marketing, and additional expenses related to the company’s digital agency build out. Beasley’s net loss for the quarter fell to $3.7 million compared to the net loss of $10.7 million reported for the same period a year ago. Beasley CEO Caroline Beasley states, “First quarter results highlight ongoing progress toward our goal of returning all of our revenue sources to pre-pandemic levels. Net revenue rose 15.6% inclusive of a 35.5% rise in digital segment revenue, which accounted for 14% of total net revenue in the quarter, marking further success of our digital transformation strategies. Comparing our revenue performance to the first quarter of 2019, revenue was down $2.0 million, or 3.4%, as the 2019 results benefited from events and other revenue that has not fully recovered from the effects of the COVID-19 pandemic. Total outstanding debt as of March 31, 2022 was $300 million, as we did not have any scheduled debt payments during the quarter, and we had $50.7 million of cash and cash equivalents on hand at quarter end. We made an interest payment of approximately $12.9 million in February and repurchased $5 million of our 8.625% senior secured notes at a discount early in the second quarter. Our strong liquidity position enables us to make debt repayments while providing us with increased financial flexibility to pursue a potential acquisition or investment within the digital space, should an opportunity arise that could accelerate our digital growth, provide synergies or improve financial results. Looking ahead to the second quarter and second half of 2022, our focus remains on driving further revenue diversification and audience expansion, improving margins, benefiting from the return of the political cycle, maintaining a strong and flexible balance sheet, reducing net leverage and growing free cash flow. We expect progress on each of these fronts as we continue to close the gap on our pre-pandemic revenue and SOI levels and grow from there. I am extremely proud of our team members across the company for everything they have done and are doing to help us move past the challenges presented by the pandemic. We have clearly accomplished a lot and I believe we have many more opportunities ahead to build the company and enhance stockholder value.”

 

Ramsey Solutions Wins Webby Award for Borrowed Future Documentary. The documentary film Borrowed Future – produced by Ramsey Solutions – will be recognized as the Best Video Documentary in the Longform category of the 2022 Annual Webby Awards. Known as the “best of the Internet,” the Webby Awards are presented by the International Academy of Digital Arts and Sciences, the leading international awards organization honoring excellence on the Internet. Borrowed Future was originally released as a podcast in 2019 and reveals the inner workings of the predatory student loan industry that keeps borrowers trapped in debt. Directed by David DiCicco, the story follows college graduates who owe between $9,000 and $1 million in student loans, a college graduate who paid cash for college, and a group of high schoolers who haven’t made their choice yet. Leading voices like Mike Rowe, Seth Godin and Dave Ramsey are also featured. For weeks, the film held top spots on multiple streaming platform charts: #1 documentary on Google Play, #2 documentary on Apple TV and #5 documentary (rent or buy category) on Amazon Prime Video. Dave Ramsey says, “There’s no doubt we stirred up a holy ruckus with this documentary, and I’m so proud of the team that put it together. The student loan industry is downright evil. We definitely can’t bank on student loan forgiveness, and it’s about time America said, ‘I’ve had it!’” Webby Awards executive director Claire Graves comments, “Borrowed Future has set the standard for innovation and creativity on the Internet. This award is a testament to the skill, ingenuity, and vision of its creators.” The 26th Annual Webby Awards will take place in New York City on May 16. See more about the film here.

 

Brandon Tatum Joins Salem Radio Network for Syndicated Radio Program. Conservative media figure and former Tucson police officer Brandon Tatum is joining the Salem Radio Network to fill the slot Larry Elder held until his retirement from radio in early April. He will assume duties as host of the 6:00 pm to 9:00 pm ET program on May 16. The third hour of the program will be repurposed into a podcast. Salem SVP of spoken word Phil Boyce says, “Salem conducted a nationwide search, and some very big names were interested in taking this important slot. Brandon brings a unique talent to Salem, and has a strong following among the nation’s youth, with his involvement with Turning Point USA. His compelling story is riveting.” Tatum has been serving as director of urban outreach for Turning Point USA and hosts the popular program “The Officer Tatum Show” on social media platforms including YouTube. Tatum says, “Words cannot describe what a blessing it is to be a part of the Salem family. I am incredibly humbled and honored to continue the legacy of the great Larry Elder. My mission in life is to serve God with the gifts he has given me. Being the voice of and for the people is one of those gifts.” Additionally, Tatum co-founded Blexit with Candace Owens, an organization “dedicated to changing the narrative in the black community through education, community outreach, and empowerment.” Carl Jackson, who has been subbing as guest host in Elder’s absence both last summer when he ran for governor, and more recently after Elder’s decision to retire from radio, will continue as a regular sub for Tatum.

 

TALKERS News Notes. Philadelphia sports media legend and Pro Football Hall of Famer Ray Didinger announces he’s retiring from his weekend radio program on Audacy’s WIP, Philadelphia. The station reports that Didinger said on yesterday’s program that he co-hosts with Glen Macnow, “Sunday, May 29th will be my final show. I am ready to transition from Ray Didi to grandpop.” Audacy says Didinger covered the NFL for The Philadelphia Bulletin and The Philadelphia Daily News for over 25 years and in 1995 his name was added to writer’s honor roll in the Pro Football Hall Of Fame. Didinger also worked as a senior producer at NFL Films, as an Eagles TV analyst on NBC Sports Philadelphia…..SiriusXM announces that Jessica Casano-Antonellis joins the company as SVP and head of communications, reporting to chief marketing officer Denise Karkos. In this role, she will be responsible for all aspects of the company’s communications function, including strategic communications, brand reputation management and media relations. Karkos adds, “Jessica is a valued and respected leader who brings a wealth of strategic communications experience in the media, entertainment and technology industries to SiriusXM. She will be an incredible asset to the company and will play a key role as we continue to tell the story of SiriusXM as a leader in audio entertainment.”…..Former KQQZ, St. Louis station owner Bob Romanik – whose self-given nickname was “The Grim Reaper of Radio” – has died at age 72 while in hospice. According to his obit in the Belleville News-Democrat, Romanik served as an East St. Louis police officer and chief of police in both Washington Park and Valmeyer, Illinois during his career. He was a notorious raconteur who liberally used racial epithets on the air and referred to his programming as W.A.R. or White Awareness Radio. In 2020, after attempting to conceal his ownership of KQQZ and failing to show up for FCC hearings on the matter, the Commission permanently dismissed his application for renewal.

 

The Economy, Roe v Wade, COVID-19, Russia-Ukraine War, Midterms/Trump & the GOP, January 6 Investigation, and Musk & Twitter Among Top News/Talk Stories Over the Weekend. The sinking Dow and NASDAQ, the high price of food & gas, and the ongoing supply chain woes; the reactions to the leaked draft of a Supreme Court decision to reverse Roe v Wade; the rising rate of COVID cases in some parts of the U.S., concerns about new variants, and the ongoing lockdowns in China; Russia’s war in Ukraine and Vladimir Putin’s propaganda; the November midterm elections and Donald Trump’s influence over the GOP; the Justice Department’s investigation into the January 6 Capitol attack; and Elon Musk’s attempt to acquire Twitter were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.

Sound Bites from NAB 2022

| April 27, 2022

By Holland Cooke
Consultant

 

LAS VEGAS — No matter how well-planned the agenda, I’ve always found that the most valuable part of a convention is…convening, catching-up with old friends and making new ones. And being the first NAB Show in three years, this year’s event was OH-so-quotable.

“I know what transformational moments feel like, and now we’re in one…on the cusp of the best era for radio and for audio.”

Read More

Monday, December 20, 2021

| December 20, 2021

Monday Memo: Happy NEWS Year? “Not likely,” consultant Holland Cooke predicts; adding “that spells opportunity…for now. THEN what?” In this week’s column, HC suggests how recent Chris Wallace and Brian Williams sign offs point to what might be “talk radio’s next format.” Read it here.

 

Pending Business: What You See Is What You Get. Radio sales pro Steve Lapa says that despite the significantly increased traffic on our roads as more people return to working away from home – which means more people listening to radio in their cars – radio sales pros may still have plenty of inventory to sell. He says it’s time to review four basic concepts that help any talk radio seller fill those avails. Read it here.

Audacy Renews Employment Agreements with CEO David Field and COO Susan Larkin. The company has entered into new employment agreements with president and CEO David J. Field and EVP and chief operating officer Susan Larkin. In a filing with the Securities Exchange Commission, Audacy reports that Field will continue to serve as the company’s president and CEO and becomes effective January 1, 2022. The Field agreement has an initial term of three years with automatic one year extensions following the initial term unless either party provides prior notice of non-extension. Field’s annual base salary will be $1,350,000 and a target annual performance bonus of up to 200% of Field’s base salary. Field is eligible to receive a one time “EBITDA Bonus” of $3,000,000 only if, prior to December 31, 2024, the company’s EBITDA for the immediately preceding consecutive 12-month period exceeds $400,000,000. Field is also entitled to an equity grant of 1,000,000 restricted stock units (“RSUs”), subject to the company’s shareholders’ approval of a new Company equity incentive plan at the 2022 annual shareholders meeting. Seventy five percent (75%) of these RSUs have performance-based vesting conditions while the remaining twenty five percent (25%) have time-based vesting conditions. Fields’ performance-based RSUs come after achieving company stock price increases. He receives 250,000 RSUs for hitting the stock price of  $6.00; 250,000 for hitting $9.00 per share and 250,000 for reaching the $12.00 per share threshold. Audacy also retroactively amended EVP and COO Susan R. Larkin that increases her annual salary to  $750,000 and applies retroactively from June 1, 2021 through May 4, 2023. Her agreement further amends the provision related to future equity grants so that Larkin will be entitled to an increased amount of future grants of restricted stock and/or stock options with an aggregate annual target amount of $500,000.

KBOI-AM, Boise to Add FM Signal. Effective January 3, 2022, Cumulus Media’s Boise news/talk KBOI-AM will have an FM simulcast as current sports talk KTIK-FM becomes KBOI-FM. The sports talker keeps its FM signal (a simulcast of KTIK-AM) on FM translator K237HA at 95.3 FM. In a statement, KBOI program director Nate Shelman says, “Being a part of any positive station launch or new venture is exciting. Our audience has asked for this over the years and it’s exciting to see KBOI return to the FM dial after KBOI-FM switched call signs to KQFC in 1985. The growth in the Treasure Valley and changes in technology have warranted the need for an FM outlet. Interference from powerlines being the most prevalent.”

KABQ-AM, Albuquerque to Flip to Sports Talk. Albuquerque talk station KABQ-AM is flipping to sports talk as “FOX Sports 1350 AM”, effective Monday, January 3. The iHeartMedia station will broadcast FOX Sports Radio programming around the clock on weekdays and weekends. “FOX Sports 1350 AM” will feature “Two Pros and a Cup of Joe with LaVar Arrington, Brady Quinn & Jonas Knox,” “The Dan Patrick Show,” “The Doug Gottlieb Show” “Straight Outta Vegas with R.J. Bell,” “The Odd Couple with Chris Broussard & Rob Parker,” “The Jason Smith Show with Mike Harmon” and “The Ben Maller Show.” iHeartMedia market president Hope Romero says, “We’re thrilled to be able to bring the sports talk leader back to Albuquerque. FOX Sports Radio leads the industry with the biggest names and best shows.”

Audacy Names Sarah Foss Chief Technology Officer. The company promotes Sarah Foss to chief technology officer, a role in which she’ll spearhead Audacy’s efforts to innovate and differentiate its products and services via new technological capabilities. The company says that Foss will manage Audacy’s key technology initiatives including: software development, ad tech, business intelligence and analytics, data solutions, and Audacy’s recently acquired live and on-demand audio streaming business, AmperWave. Foss had been serving as Audacy’s chief information officer since joining the company in 2020. Audacy CFO and EVP of strategic initiatives Rich Schmaeling comments, “Audacy continues to invest in technology to create innovative offerings for its listeners, advertisers and clients. We are excited to have Sarah leading these critical areas to drive our transformation faster and further.” Foss states, “Audacy is in the enviable position that we have unique content, great platforms, and an appetite for transformative growth. I am excited that technology is seen as an accelerant and differentiator for us at Audacy.”

Biden’s Build Back Better Plan/Economy, COVID-19, January 6 Investigation, Civil War Fears, Russian Ukraine Aggression, Kim Potter Trial, Ghislaine Maxwell Trial, and Spider Man Film Among Top News/Talk Stories Over the Weekend. Negotiations over Joe Biden’s Build Back Better plan between the White House and Senator Joe Manchin break down and the cooling predictions for the U.S. economy; the Omicron variant of the coronavirus, vaccines and mandates; the House investigation into the January 6 attack on the Capitol; retired U.S. generals warn of possible U.S. civil war; Russia’s military aggression toward the Ukraine; the trial of former police officer Kim Potter; the defense rests in the trail of Jeffrey Epstein associate Ghislaine Maxwell; and the new Spider Man movie’s blockbuster opening were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Wednesday, October 20, 2021

| October 20, 2021

Liberty Media Sells All Shares of iHeartMedia Stock. The company is exiting the broadcast radio business after selling 5.94 million shares of iHeartMedia’s Class A common stock – a trade that’s worth about $150 million. Variety has the story and reports that “between November 2017 and February 2018, Liberty Media purchased $600 million of iHeartMedia debt for a total of $490 million. After iHeartRadio reduced its debt load through a bankruptcy settlement, the bonds were converted into about 6.9 million shares.” iHeartMedia issued the following statement: “We appreciate Liberty’s support for iHeartMedia, originally as a holder of debt which then converted into a meaningful equity stake, and we are delighted that they received a good return on their investment.” The iHeartMedia stock was part of the company’s Liberty SiriusXM Group that owns 78.1% of SiriusXM stock, 32% of Live Nation stock, plus small percentages of Formula One Group and the Atlanta Braves.

Audacy Acquires WideOrbit. There are no financial details included in the Audacy press release as the company announces its acquisition of “an exclusive, perpetual license to WideOrbit’s digital audio streaming technology and the related assets and operations of WO Streaming. This acquisition gives Audacy control of its product roadmap to deliver enhanced consumer-facing streaming features for its 170 million monthly listeners.” At this time, it’s unclear if this deal is the “small digital acquisition for approximately $40 million” that Audacy referenced last week when it announced it was offering $45 million in senior secured second-lien notes to raise capital, but it appears likely. Audacy will operate WO Streaming under the name AmperWave. The entire WO Streaming team, led by John Morris, SVP streaming, joins Audacy. Audacy chairman, president and CEO David Field comments, “The WideOrbit digital audio tech business perfectly complements our organic investments to make Audacy’s digital platform the top choice for listeners, clients and partners.”

Boston Sports Talkers ‘Toucher & Rich’ Launch Syndication Effort. WBZ-FM, Boston “98.5 The Sports Hub” morning drive duo “Toucher & Rich” Fred Toucher (left) and Rich Shertenlieb (right) – along with cast member Jon Wallach – begin a regional syndication effort on Monday (10/25). Beasley Media Group says the show recently celebrated 12 years on ‘98.5 The Sports Hub’ as the dominant program for Male and Adult audiences 25-54. Beasley Boston VP and market manager Mary Menna says, “We are thrilled to be able to bring Toucher & Rich’s unique brand of content and humor to sports fans throughout New England through this syndication initiative. The T&R team is already a favorite with their passionate audience. We look forward to expanding that loyal audience through this new affiliation!” Toucher says, “Being syndicated has always been a career goal and I am very excited to start this new challenge.” Rich adds, “I couldn’t be more excited to launch ‘Toucher & Rich’ into syndication. Our listeners have always been the most loyal in radio, and I’m thrilled to introduce our show to a whole new audience of potential T&R lifers.”

Bob Kessler to Anchor Midday News at WGN-AM, Chicago. Longtime WGN Radio news reporter Bob Kessler is now anchoring midday news Tuesdays through Fridays. Kessler joined WGN in 1994 as a producer and became a weekend newsroom anchor in 1997. Kessler’s work has been recognized with an award from the Illinois Associated Press Broadcasters’ Association in 2019. WGN news director Ryan Burrow says, “Bob’s been an integral part of the WGN family for decades. He’s a great newsman and capably leads the anchor desk. A true teammate, he brings a positive energy and personality to the newsroom. I’m glad we’re able to expand his role on the news team.”

WWO: WARC Study on the Value of Audio to Marketers. In this week’s blog from CUMULUS MEDIA | Westwood One’s Audio Active Group, a study from marketing advisory firm WARC and iHeartMedia is examined. Titled, “The Investment Gap: Understanding the Value of Audio,” it reveals “a major audio investment gap for marketers.” It notes that 1) Consumers spend 31% of their media time with audio, yet audio is only allocated 8.8% of media budgets. Other media represent 91.2% of ad spend and 69% of consumer media use; 2)  Marketers overspend on digital and TV, and underspend on audio: WARC’s analysis reveals brands are overspending on TV and digital by 32%, and underspending on audio by a factor of 3X; 3) AM/FM radio generates a +36% increase in monthly reach for the average brand: An incremental reach analysis of 15 P&G brands conducted via Nielsen Media Impact, the media optimization platform, reveals the average P&G brand experiences a +36% increase in reach to their TV plan through the use of AM/FM radio; 4) The younger the demographic, the greater the lift in reach: Across P&G’s 15 brands, the lift in reach generated by AM/FM radio keeps growing in younger demographics. Among persons 35-44, the average P&G brand realizes a +63% increase in reach due to AM/FM radio. Among persons 25-34, AM/FM radio doubles the TV reach. See the blog here.

Cumulus Podcast Network to Join Strata Platform. A new partnership between Comcast’s FreeWheel, Cumulus Media, and Triton Digital brings Cumulus Podcast Network’s premium podcast inventory into the Strata media stewardship platform. The FreeWheel’s Strata allows agencies to automate the podcast buying process within their existing platform workflow, including receiving electronic proposals and sending electronic orders. Through this partnership, Strata users will be able to find and buy impression-based premium podcast inventory from Cumulus Media that is validated by metrics including downloads, as measured by Triton Digital’s Podcast Metrics measurement service. FreeWheel says this will mark the first time a podcast publisher has surfaced titles and lineups, which are curated groups of podcasts designed to reach specific desired demographics and psychographics, with metrics measured by industry leader Triton Digital, in a media buying platform. Cumulus SVP, digital operations and business development Larry Linietsky says, “Cumulus Media is pleased to expand its partnerships with FreeWheel and Triton to provide current and future marketing partners efficient access to the Cumulus Podcast Network’s vast offering of premium podcasts spanning entertainment, news, sports, politics, business, money and technology as well as the voices from our 413 stations.” Triton president of marketing development John Rosso adds, “Triton is pleased to be partnering with FreeWheel and Cumulus Media to provide advertisers with streamlined access to trustworthy, aggregated podcast data within their media buying system for the first time. Our IAB-accredited Podcast Metrics lineups provide advertisers with consistent data across networks and publishers, making the process of discovering, planning, analyzing and ultimately buying podcasts at scale seamless and efficient.” Strata users will be able to access Cumulus Podcast Network’s premium podcast inventory in the Strata system beginning in the 4th quarter of 2021.

Stonecom Adds Sports Talker to Livingston, Tennessee Market. The Overton County News reports that Stonecom debuts a new sports talk radio station for the Livingston, Tennessee market. “Sports Radio 104.7 emanates from WKXD-HD3 and is heard on translator W282AG at 104.7 FM. Stonecom president and GM Larry Stone says, “We know sports fans in this area are passionate about our local teams. During all the years doing Titans Caravan stops in Cookeville and Crossville, I saw that first-hand. It’s Big Orange Country with a huge love of everything orange. We love our championship high school sports around the region, and support the hard work of Tech athletes. ‘Sports Radio 104.7’ will serve that passion.” Programming will include “Outkick 360” featuring Jonathan Hutton, Chad Withrow and Paul Kuharsky, “The Dan Patrick Show,” “The Rich Eisen Show,” and more.

January 6 Investigation/Bannon Held in Contempt, COVID-19, Supply Chain Woes/Inflation, Biden Reconciliation Bill, Afghanistan Withdrawal Investigation, Chinese Military Aggression, Southern Border Crisis, Kidnapped Missionaries, and Facebook Rebrand Among Top News/Talk Stories Yesterday (10/19). The investigation into the January 6 attack on the Capitol and the committee’s vote to refer Stephen K. Bannon to the DOJ for criminal prosecution; the rate of COVID-19 cases in the U.S., booster shots, and mask & vaccine mandates; the effects of the supply chain breakdown on the availability of consumer goods and soaring retail prices; President Joe Biden considers reducing his $3.5 trillion reconciliation bill to $1.9 trillion; the State Department inspector general’s investigation into the withdrawal of U.S. troops from Afghanistan; China’s development of hypersonic weapons and its aggression against Taiwan; the migrant crisis at the U.S.-Mexico border; the 17 missionaries being held for $17 million ransom in Haiti; and rumors that Facebook is planning a rebrand were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Fresh Edition of ‘The Fisher House Story’ Available for Veterans Day and the Holidays. There’s new programming from the Fisher House Foundation for this Veterans Day as well as for the holiday season. The Jeff Wyatt Group has produced a fresh edition of “The Fisher House Story” for 2021 available for download. “The Fisher House Story – Peace of Mind and a Place to Heal” is a radio special provided in varying lengths for news/talk radio stations as well as a 30-minute public affairs show for all formats in the U.S. and around the world. Fisher House Foundation provides a home away from home for families of patients receiving medical care at major military and VA medical centers. Fisher Houses provide temporary free lodging so families can be close to their loved ones during a medical crisis because “A Family’s LOVE is Good Medicine.” The program is available in three-hour, one-hour, 25- and 30-minute radio special versions and is hosted by long-time radio personality Jeff Wyatt. It features stories of America’s heroes, the families who serve by their side, and how Fisher House plays a role in their journey. This informational talk show will leave listeners feeling inspired during Veterans Day weekend (Veterans Day is Thursday, November 11) and through the holiday season, sharing stories of amazing service members, veterans, and their families. Host Jeff Wyatt’s love and respect for our military will only amplify these radio specials, scheduled to deliver Oct. 28 for potential airing Veterans Day weekend, during the holiday season, and for Memorial Day and 4th of July weekends as well. You can hear a demo and see the clock at: radio.fisherhouse.org. For more information on this radio special, available cash and barter free, contact Jeff Wyatt at 301-518-3640 or jw@thejeffwyattgroup.com.

Monday, August 16, 2021

| August 16, 2021

iHeartMedia Launches News/Talk Outlet in St. Louis. Urban contemporary KMJM “Majic 104.9” is gone (now available on KTLK-HD2) as iHeartMedia flips the signal to news/talk with new call letters KTLK-FM and the brand “104.9 The Patriot.” The station launches today and features market media pro Jamie Allman in morning drive and the much of the slate of conservative talk programming from Premiere Networks, including: Glenn Beck, Clay Travis & Buck Sexton, and Jesse Kelly, plus “The Ramsey Show” and Westwood One’s “Red Eye Radio.” iHeartMedia St. Louis market president John R. Beck, Jr. says, “St. Louis is excited to welcome a talk radio station featuring the latest news, opinions, and discussions from a conservative point of view that isn’t afraid to engage with the other side. ‘104.9 The Patriot’ will deliver all of that and more every weekday.” Allman hosted mornings at crosstown news/talk KFTK-FM until 2018 when he exited in the aftermath of his social media post about Parkland, Florida shooting survivor David Hogg in April of that year.  Until that time, Allman had also been hosting “The Allman Report” on KDNL-TV “ABC-30.” Allman joined Salem Media Group’s KXFN-AM, St. Louis in early 2019 but Salem subsequently sold the signal, along with a number of others, to Relevant Radio later that year.

Monday Memo: Disinformation, the New Disco. As school bells ring – or don’t – angst is amplified, and employers’ vaccine mandates and renewed mask mandates echo a 2020 we’d like to forget. In this week’s column, consultant Holland Cooke cautions that “the pandemic protocol resistance narrative is approaching its ‘use-by’ date.” Read it here.

 

Pending Business: The Feedback & Agreement of Sales. Radio sales pro Steve Lapa, president of Lapcom Communcations Corp, writes in today’s column about the deadly effects of the “assumptive close.” He says, “What’s really going with these poorly timed assumptive closers? It’s all part of a fast track sell-by-email culture. When a seller bypasses key steps in any sales flow, the result is typically pushback. When an assumptive close is pushed too early in the sales flow, rapport and ease of access are stressed and difficult to reignite.” Read his piece here.

How Do the Dominion Lawsuits Affect Talk Hosts? TALKERS magazine legal editor Steven J.J. Weisman writes in a column today (8/13) about the recent rulings allowing the lawsuits by Dominion Election Systems against Sidney Powell, Rudy Giuliani, and Mike Lindell to go forward and the recently filed suits by Dominion against One America News Network, Newsmax, and FOX News. In denying the motions to dismiss by Powell, Giuliani, and Lindell, Federal Judge Carl Nichols wrote, “It is true that courts recognize the value in some level of ‘imaginative expression’ or ‘rhetorical hyperbole’ in our public debate…But it is simply not the law that provably false statements cannot be actionable if made in the context of an election.” Weisman notes that the landmark NY Times v. Sullivan recognizes the importance of the media being able to report on newsworthy topics without the threat of being sued for minor errors in reporting. However, he says, “There is a responsibility that comes with the microphone and camera and that responsibility is to not make statements that you know to be false or to make statements of fact when you have not properly investigated the basis for making those statements.” Read his column here.

Jeff Sottolano to Take Over for Pat Paxton as Audacy Chief Programming Officer. Late Friday (8/13), Audacy announced that 21-year corporate programmer Pat Paxton is exiting the company and he’ll be replaced by company programmer Jeff Sottolano, who rises to executive vice president, head of programming. Audacy CEO David Field says of Paxton, “Pat has been a key leader in the organization for the past 21 years, spearheading programming and playing a critical role in helping us build many of the industry’s greatest brands. Pat’s steady, decisive leadership and thoughtful insights have made him a valuable and trusted voice on Audacy’s leadership team. Pat has left an outstanding legacy at Audacy which will stand the test of time. We deeply appreciate his many important contributions to our success and everything he has meant to this company. Please join me in thanking Pat for all of his excellent work at Audacy and wishing him all the best for the future.” Addressing Sottolano’s rise within the company, Field states, “Like Pat, Jeff is a veteran team member, having spent his entire career at Audacy, Entercom, CBS Radio and Infinity. Since the merger, he has played an important leadership role overseeing a number of initiatives and many key elements of our programming.  Over the past year, Jeff led our news transformation efforts and the launch of the BetQL Network. In addition, he expanded our programming data and analytics capabilities, managed our network content partnerships and contributed to our Audacy Exclusive Station launch strategy. In his new role, Jeff will be responsible for the content strategy and performance of Audacy’s local brands in all formats across both broadcast and digital distribution platforms. He will oversee our outstanding programming leadership team, including SVP, programming Dave Richards; VP, news Bill Smee; VP, sports Matt Volk, and Audacy’s team of experienced format VPs.  He will also work closely with our Music Initiatives and Live Events team led by SVP, music initiatives Michael Martin and SVP, promotions and experiences Chad Fitzsimmons, as Audacy curates amazing experiences for its listeners in-person and online. Finally, he will collaborate with digital leadership to ideate new and exclusive features and content on the Audacy app and distribution platform as the company expands its capabilities and offerings.”

Gen Media Partners Unveils G Networks. This new radio network sales and affiliates sales division of Gen Media Partners debuts as G Networks. The company says, “Rising in tandem with the Gen Media Partners successful umbrella of other radio divisions, G Networks will stand alone as a full-service audio network company that is already engaged with over 250 million listeners each month through over 4,000 affiliated radio stations. G Networks has an existing and extensive portfolio of high-quality audio services, produced features, research services, entertainment, sports, news, and programming.” Gen Media Partners managing partner Warren Friedland adds, “Evolution isn’t possible without change. It is with this ethos that we have upped the commitment and engagement for our G Networks radio division and are focusing on what is now vitally important to advertisers and stations in the current media environment. With an eye to the future, we intend to both invest and transform the future of audio.”

Big Joe Staysniak Exits Sports Talk ‘The Fan’ in Indy. Longtime Emmis Communications air personality Big Joe Staysniak has exited “The Fan Morning Show.” The company says in a statement, “Big Joe Staysniak is no longer with Emmis and ‘The Fan.’ We would like to thank Big Joe for his many contributions to Emmis since he joined WIBC in 1998. He was always a fan favorite, and his knowledgeable insights and affable nature will be missed by his coworkers and listeners. We wish him nothing but the best in his next chapter.” Staysniak had been co-hosting the morning show with Jeff Rickard but Rickard recently left “The Fan” to take the brand manager position at Audacy’s WEEI, Boston. Meanwhile, Kevin Bowen continues as morning host at “The Fan” and it’s unclear at this time if Emmis will hire a co-host to work with him. The company recently took “The Fan” off WFNI-AM and shut the signal down after selling its transmitter property for development. “The Fan” is currently heard on WIBC-HD2 and translators W228CX at 93.5 FM and W298BB at 107.5 FM.

TALKERS News Notes. In the wake of the 7.4-magnitude earthquake that struck Haiti early Saturday morning (8/14) the Salem Radio Network announces that it is using its network-wide resources to generate food donations for victims. The quake Saturday was worse than the 2010 earthquake that left 220,000 dead across the island nation. SRN’s 24/7 news service SRN News and its news/talk counterpart TOWNHALL News have immediately launched a campaign to generate donations for Florida-based Christian non-profit relief organization FOOD FOR THE POOR. SRN V.P./news & talk programming Tom Tradup says, “For over 35 years FOOD FOR THE POOR has had boots on the ground in Haiti, and their teams are uniquely qualified to distribute food to earthquake-devastated areas of Haiti through their network of local churches.” The Haiti earthquake relief effort will be joined by SRN’s nationally syndicated talk hosts Mike GallagherEric Metaxas, Sebastian Gorka, Hugh Hewitt and Carl Jackson (who is guest-hosting Larry Elder’s national talk show while Elder runs for Governor of California in the state’s September 14th Recall.)…..“Bar Fights: Taking on Issues that Matter,” a new podcast hosted by advocate, survivor and preeminent sexual abuse attorney Sarah Klein makes its debut today. Klein is also a former gymnast and the first known survivor of former Olympic women’s gymnastics doctor Larry Nassar. In 2018, she accepted the Arthur Ashe Courage Award at the ESPYs for the bravery that she and her sister survivors exhibited to bring Nassar to justice. On “Bar Fights,” Klein goes after the issues that matter to protect children and vulnerable adults from perpetrators of sexual abuse, the institutions that enable them, and the laws that protect them. “Using my voice and platform to create awareness and positive change has been a huge part of my healing journey. It is an honor to bring on such an incredible line-up of guests who will inform, inspire, and challenge our listeners. To affect real change, we all have to do our part. That’s what we are doing here on ‘Bar Fights.’”…..Pictured below is Tom Griswold, host of the nationally syndicated “The BOB & TOM Show” in an Indianapolis hospital recovering from heart valve replacement surgery. It will be several weeks before he returns to his microphone at the studio, but a home studio is being assembled so he can get back on the air quicker. Those wishing to send well wishes to Tom may send them to: getwell@bobandtom.com.

WFOY, St. Augustine Owner Kris Phillips Dies. Lifelong broadcaster Kris Phillips, whose Phillips Broadcasting owns news/talk WFOY-AM, St. Augustine, has died at age 61 after a long illness. The station’s Facebook page features her obituary. Phillips, a native of Chicago, worked in the TV news and weather business for most of her career. She settled in St. Augustine in 2008 and formed the company that would buy WFOY and sister WAOC. Phillips had lived with Type 1 diabetes since she was a child and battled cancer twice.

COVID-19 Stats, Vaccines & Mandates, Taliban Takes Afghanistan, Haiti Earthquake, COVID Benefits Cyberfraud, Western Wildfires/Drought, Newsom Recall Among Top News/Talk Stories Over the Weekend. The rising rate of COVID-19 cases on some parts of the U.S. and the controversy over vaccines and mask mandates; criticism of the Biden administration’s response as the Taliban takes control of Afghanistan; the aftermath of the deadly earthquake that hit Haiti; the report indicating that “tens of billions” of dollars of COVID relief benefits were stolen by cyberfraudsters abroad; the drought and wildfires plaguing the U.S. West; and the recall election of California Governor Gavin Newsom were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.

 

 

Great News Opportunities at Saga Communications. The company is expanding its NEWS presence in several markets. Group program director Scott Chase says, “We are looking for news people who are more than just news people. If you’re a storyteller with a news mindset; if you’re charismatic and have a sense of humor; if you’re active in your community; if you’re interesting; if you’re an elite communicator, we’re looking for you. We want someone who understands how to reach the local listeners and make a story interesting. We want an individual who loves to connect with listeners and the leaders of their respective community. Are you still with us? If so, APPLY NOW. We are expanding our news footprint in South Dakota, Iowa, New York, Virginia, Tennessee, Illinois, and the New England area, and we would love to talk to you about your ideas on news in a world that thinks the media delivers fake news. Saga Communications is a great company to work for and an equal opportunity employer. Apply Now!” Contact group program director, Scott Chase at schase@sagacom.com. Please send your resume, audio sample, and or writing sample.