Tag: "Dhruv Prasad"
Entercom Q3 Report: Revenue ‘Improved Significantly.’ It was almost a year ago that Entercom closed on its acquisition of the CBS RADIO stations and the addition of that group of stations pushes Entercom’s net revenue from $122.3 million in the third quarter of 2017 to $378.5 million in the third quarter of this year. But, on a same-station basis, net revenue was down from $395.2 million – a decrease of 4.3%. Pro forma adjusted EBITDA for the quarter was $86.7 million, compared to $89.7 million in the third quarter of 2017. Entercom president and CEO David Field says, “As we close in on the one-year anniversary of our transformational merger with CBS RADIO, we are very pleased with our progress and excited about the momentum we are building across multiple growth initiatives. Revenues have improved significantly since the first half of the year and the fourth quarter is on track for significant growth, currently pacing up 4%. Expenses are down significantly, driven by synergies, and we anticipate solid double-digit EBITDA growth in the fourth quarter. In addition, we have now completed all of our previously announced divestitures and land sales, generating roughly $200 million in cash proceeds.”
Townsquare Media Reports ‘Another Strong Quarter.’ The company reports its 2018 third quarter financial results, stating net revenue was $114.1 million – up 1.9% from the same period in 2017 – but was basically flat, excluding political revenue. Excluding live events net revenue, which was budgeted to decline in 2018, net revenue increased $8.7 million, or 9.5%, to $101.1 million, as compared to $92.3 million in the same period last year. Townsquare Media co-CEO Dhruv Prasad says, “We are pleased to announce another strong quarter at Townsquare, our fourth since Bill Wilson and I started our partnership as co-chief executive officers one year ago. We implemented a strategic plan focused on the stability and profitable growth of Townsquare’s local branded media, marketing solutions, and live events businesses, and that plan has helped yield three consecutive quarters of revenue and EBITDA growth so far in 2018.”
Mike Thomas Promoted to National Format Brand Manager for Spoken Word Formats. WBZ-FM, Boston “98.5 The Sports Hub” program director Mike Thomas is elevated to the position of national format brand manager for spoken word formats, including sports talk, talk, podcasting, and Esports content for Beasley Media Group. He will continue to serve as PD for WBZ-FM. At the same time, the company makes a similar move upping David Corey – PD of WKLB, Boston – to national format brand manager for country. Beasley Media Group EVP of programming Justin Chase says, “Mike Thomas and David Corey will join our existing national format brand managers, John Candelaria (urban) from Detroit, Cadillac Jack (AC/CHR) from Boston and Bill Weston (rock) from Philly to round out a first-class programming team to further support and elevate our stations.”
Prosecution Rests in Carton Fraud Trial. According to coverage in Newsday, the feds have rested their case against former WFAN, New York morning personality Craig Carton. Carton’s defense attorney Robert Gottlieb told U.S. District Judge Colleen McMahon that they are having “serious conversations” about Carton taking the stand in his defense but have not reached a decision. Carton is being charged with fraud, accused of using money from investors in his ticket re-sale business to pay off personal expenses – including alleged gambling debts – as well as to pay off earlier investors. Carton denies he set out to defraud anyone and argues he was a victim of former partner Joseph Meli, who is serving 6 ½ years after pleading guilty to a previous event tickets Ponzi scheme.
KABC, Los Angeles’ Jillian Barberie Reveals Cancer Diagnosis. As reported by LARadio.com, KABC, Los Angeles afternoon drive personality Jillian Barberie has announced via social media that she has been diagnosed with breast cancer and is beginning aggressive treatment. She writes, “Results back. It’s cancer in my right breast but also it has spread to my lymph node. Appointment at Bedford Breast to assess everything. I’m going to be super aggressive and do double mastectomy and they said I need chemo for the lymph. Thanks for coming on this journey with me!” Barberie hosts the KABC show with John Phillips. In her absence, Steve Edwards is filling in.
News Pro Mike Parker Dies at 75. Former KFI, Los Angeles news director Mike Parker passed away on Sunday (11/4) at the age of 75. He spent the last 35-plus years of his career at WBBM-TV, Chicago, but worked in radio in Los Angeles prior to that. LARadio.com notes that Parker graduated from Los Angeles City College and began working at KBBQ-AM as a newscaster. He moved to KFI in 1969 and served as news director from 1973-77.
Former SiriusXM Chairman and CEO Joe Clayton Passes at 69. Media executive Joe Clayton died on Saturday (11/3), three years after retiring from his last position as CEO of Dish Network. He was the first CEO of Sirius Satellite Radio, serving from 2001 through 2004, and became chairman from 2004 through 2008, exiting after the merger of Sirius and XM. Sabo Media chairman Walter Sabo tells TALKERS magazine, “Sirius exists because of what Joe did. Joe got the radios out of the factories and into cars. He made those consumer electronics deals. He worked that board to get Howard Stern the deal he has and he never relented. He knew Howard was the ticket. Over and over he pulled that company out of the fire and gave it the foundation of success.” Read the Variety obit here.
Midterm Elections, Migrant Caravan, Post-Election Administration Changes, New Iran Sanctions, and NFL Action Among Top News/Talk Stories Yesterday (11/5). Today’s midterm elections and the battle for control of the House and the Senate; the caravan of Honduran migrants headed for the U.S. border; chatter about changes in some key Trump Administration posts after the election; the U.S. reimposes sanctions on Iran that were lifted as part of the 2015 nuclear pact; and the weekend’s NFL action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Doing His Civic Duty. TalkersRadio general manager David Bernstein is pictured above at his polling place at St. Cloud Elementary School in West Orange, New Jersey where he’s volunteering helping voters, putting up signs and making sure the process is going smoothly for voters. Bernstein says activity was brisk there this morning, calling it a “heavy turnout, a packed house from opening at 6:00 am until 10:00 am.”
Meg Strikes Again! Dynamic personality Meg McDonald, host of the increasingly popular short-form TalkersRadio series “MEG!” made yet another splash within the Southern California civics community this past Sunday (11/4). The Studio City Beautification Association hosted a booth at the Studio City Farmers Market giving away free succulents as a thank you to the community. McDonald (pictured left) is an active board member of both organizations and held down the 11:00 am to 2:00 pm shift telling TALKERS, “We gave away 150 succulents and everyone was so appreciative. It was a warm sunny 81-degree day so, of course, I wore my favorite Broadcasters General Store cap.”
Music Radio News and Career Moves. In Tulsa, Griffin Communications names Amber Glaze afternoon drive personality and music director for country KVOO-FM. Glaze was most recently with Signal Media’s country KHLR, Little Rock “106.7 The Ride” as host of the “Hot Mess in the Morning” program. KVOO program director Brian Jennings says, “Amber brings ideas and energy, along with her passion for country music. We waited for the right candidate to come along and we’re so excited she’s finally here. Her bright demeanor, silly sense of humor, and trademark boisterous laugh make for an invaluable addition to the KVOO team.” Griffin recently acquired KVOO and four other Tulsa stations from Scripps Media…..Alpha Media re-brands CHR WDLD-FM Hagerstown, Maryland “Live 96.7.” The station drops the “Wild 96.7” moniker. Alpha Media Hagerstown VP and market manager Ed Dorsey says, “We are thrilled to be evolving the station into the ‘Live and Local’ brand that Alpha Media Hagerstown-Chambersburg stands for, to better serve the Hagerstown community. We are excited about this new image, a ‘fresh coat of paint’ on the WDLD 96.7 brand that the community has learned to know and love over the past 16 years.”…..iHeartMedia alternative WRFF “Radio 104.5” is presenting the “Radio 104.5 Miller Lite Mystery Show presented by Xfinity Live!” The mystery show will take place on Monday, November 19 at Xfinity Live! in Philadelphia featuring a surprise performance from a top performing artist. Attendees won’t know who the act is until the show begins. Tickets can only be had by listening to “Radio 104.5” or via the next free ticket download that will take place on Thursday, November 15 at 12:00 noon.
By Jeff McKay
Special Features Correspondent
ORLANDO — The NAB here in Orlando has begun with a focus in the seminar rooms on topics including the state of radio today, what the future brings, advertising, and a marketplace of companies highlighting the latest products and technology. However, in the halls of the Hilton — home to the show this year — a big topic is digital and how to properly market and capitalize on new technologies…and of course the news of the proposed SiriusXM–Pandora merger!
Entercom Q2: “Great Progress.” Owing to the addition of CBS Radio, Entercom Communications’ second-quarter net revenue jumped, but fell on a same-station basis. Revenue nearly tripled from $125 million to $372.1 million; however, on a same-station basis, it decreased from $405.7 million to $372.1 million. Meanwhile, net income dropped from $6.4 million to $1.6 million. Entercom president and chief executive officer David Field notes, “We have made great progress across multiple fronts as we continue our work to capitalize on our transformational merger. We have signed a definitive agreement with Bonneville to complete our last required station divestitures; successfully launched the Entercom Audio Network with strong early revenues; terminated our painful relationship with United States Traffic Network; achieved rapid growth on our burgeoning Radio.com platform; and delivered a 5% reduction in Q2 expenses as we realize our merger-related synergies. Second-quarter revenues were down 8%, exacerbated by the loss of $12 million in revenues from USTN, but revenue performance is improving. We are currently pacing down 2% in the third-quarter, excluding the impact of USTN. For the fourth quarter, we are pacing up 3% on an unadjusted basis. I am proud of the outstanding team we have built and the terrific work they are doing to capitalize on our abundant scale-driven opportunities.”
Local Nielsen Media Impact Debuts. The planning system allows users to understand cross-media reach, frequency, and duplication on a local scale using advanced audience segments from Nielsen Scarborough. In addition, it enables advertisers, agencies, and media owners to reach their desired audience in the country’s 25 “Local People Meter” (LPM) Designated Market Areas (DMAs). Local Nielsen Media Impact is built with respondent level data to allow in-depth cross-platform analyses for both local television and radio separately, as well as TV and radio together. Beasley Media Group vice president of sales Bob McCurdy comments, “Local Nielsen Media Impact offers empirical data supporting radio’s ability to amplify and complement TV campaigns. This is the first time radio is included in this type of multi-channel media mix that enables users to derive cross media insights with currency grade accuracy. Nielsen Scarborough data within the NMI solution allows us to assess campaign scenarios against consumer insights.” According to Nielsen vice president of product leadership Jay Nielsen, “Local Nielsen Media Impact offers a unique lens to the industry, enabling effective decision-making about where and when to engage audiences with content and advertising on local levels. Similar to the solution clients have widely adopted on the national level, this local solution unlocks access to new insights on media allocation and schedule optimization to better reach a cross platform-based audience.”
Q2: Townsquare Media “Exceeds Previously Issued Guidance.” Second-quarter net revenue for Townsquare Media rose 1.9% to $11.96 million. Owing to the divestiture of North American Midway Entertainment, however, net income decreased by 70.6% to $1.6 million; net income from continuing operations improved 29.2% to $10.1 million. Co-chief executive officer Bill Wilson remarks, “Our second-quarter financial results exceeded our previously issued guidance, continuing the momentum we experienced in the first-quarter of the year. In the first six months of 2018, net revenue increased 2.6%, and 2.2% excluding political revenue; Adjusted EBITDA increased 6.6%. Our second-quarter and year-to-date revenue growth was primarily the result of continued stability in our broadcast products and strong revenue growth of our digital solutions.” Co-CEO Dhruv Prasad notes, “Through internal reorganization and the divestiture of North American Midway Entertainment, we have concluded the strategic reset that we initiated in late-2017 and have largely reoriented the company towards the stability, profitable growth, and cash generation of the advertising, marketing solutions, and live events businesses in our local market footprint. Our strong performance in the first half of this year reinforces that this was the right strategy, and we remain committed to this plan moving forward.”
Rush Limbaugh’s Impact on Radio and America Examined by News Site, Who. What. Why. (whowhatwhy.org) Veteran talk radio programmer and executive Jeff Schechtman of Napa Broadcasting interviews TALKERS founder Michael Harrison about Rush Limbaugh and the state of talk radio for this week’s WhoWhatWhy.org podcast. It is part of an article titled “The Mouth that Roared – How Rush Limbaugh Changed America” posted yesterday (8/7) marking the milestone of the talk radio superstar’s syndicated radio show reaching its 30th anniversary last week. Schechtman and Harrison discuss the impact of the repeal of the Fairness Doctrine in 1987, Limbaugh’s major contributions to the rise of news/talk radio, how talk radio has changed over the decades, the driving factors behind those changes, the influence of the video screen on communications devices, and the general future of talk media. To read the article and listen to the podcast, please click here .
Making Music Great Again. It seems the talented Mike Gallagher isn’t the only member of the Salem roster of talk show hosts blessed with extraordinary gifts as a musical entertainer. These two super-suave lounge lizards pictured above are none other than Salem Radio Network host Larry Elder (left) and WNYM (“AM 970 The Answer”), New York morning man Joe Piscopo (right). The two are off-air buds and like hanging out together when they find themselves on the same coast. This bit of show biz magic was captured last night (8/7) as the two serenaded thrilled diners at Vitello’s, a swingin’ hot spot in Studio City, California. The song they were performing – Louis Armstrong’s classic, “What a Wonderful World.”
Sinclair Q2 Revenue Up 11.9%. While stats for its Seattle radio properties (KOMO “News Radio 1000 & 97.7, KVI “Talk Radio 570,” and hot AC KPLZ “Star 101.5) are not broken out in its earnings release, Sinclair Broadcast Group saw second-quarter revenue increase 11.9% year-to-year to $730.1 million; net income attributable to the company fell from $44.6 million to $28 million. Regarding the pending acquisition of Tribune Media Company, Sinclair president and chief executive officer Chris Ripley states, “We are working with them to analyze approaches to the regulatory process that are in the best interest of our companies, employees, and shareholders.” In terms of Q2 results, Ripley notes, “[They] came in well ahead of guidance in all key financial metrics, and we expect the second half of the year to continue to be robust, underlined by increasing distribution revenues and strong political advertising spend. This year’s mid-term elections are expected by many to have the most spending in U.S. history with broadcast television a primary beneficiary.”
Urban One Second-Quarter Net Revenue Down 2.1%. The year-to-year total slips to $115.2 million although broadcast and digital operating income is up 6.1% to $44.3 million. Overall operating income doubles to $24.8 million and net income improves from $802,000 to $23.6 million. Attributed to results in Atlanta, Philadelphia, St. Louis, and Raleigh, radio advertising fell 6% to $52 million. There was radio growth, however, in Dallas, Washington (D.C.), and Cleveland. Digital advertising, cable TV advertising, and event revenues are all off, as well; cable TV affiliate fees saw increases. Keeping pace with 2017, Tom Joyner’s 19th “Fantastic Voyage” took place in the second-quarter and generated $9.4 million. Company president and chief executive officer Alfred C. Liggins, III remarks, “Our Q2 radio performance was in line with expectation. After a tough April, the quarter improved sequentially, and we are currently pacing approximately flat for third-quarter. We are launching a new network in January 2019 that will target African-American females and feature lifestyle and entertainment programming. The addition of a second network will help us continue to grow our TV business in the longer term, and has great potential synergy with our existing platform. Our digital segment came in below expectation for Q2, but has had a very strong start to third quarter and we remain optimistic for the back half of the year.”
Lotus Acquires Scripps Stations in Tucson and Boise. Eight stations are involved in the $8 million transaction between (buyer) Lotus Communications and (seller) The E.W. Scripps Company. Lotus president Jim Kalmenson remarks, “We are looking forward to getting to know the many talented professionals at these Scripps radio stations. Both companies share a genuine passion for producing excellent local radio and serving the public.” Scripps president and chief executive officer Adam Symson adds, “Lotus Communications’ commitment to serving local communities – with a focus on western region markets in particular – makes it a natural fit to run the Tucson and Boise stations. This deal sets up the stations for continued success.” In Tucson, Lotus picks up and will keep adult contemporary KMXZ “94.9 “Mix FM” and sports talk KFFN “ESPN Tucson,” but will spin urban-rhythmic oldies KTGV “106.3 The Groove” and news/talk KQTH. Its Boise acquisitions include classic rock KJOT “J-105”; rock KQXR “100.3 – The X”; triple A KRVB “94.9 The River”; and classic hits KTHI “107.1 K-Hits.”
TALKERS News Notes. Longtime New York City (WMCA, WINS, WCBS-AM) newscaster and talk host Ralph Howard has died. According to Salem Radio Network vice president of news & talk programming Tom Tradup, “Ralph personified New York City – vibrant, charming, a little edgy, and nonstop energy; I will miss him greatly.” Tradup produced “Ralph & Ryan” on WMCA in the early-1980s; “Ryan” was longtime NBC-TV newsman Bill Ryan. In addition to New York City credentials, Howard worked in Chicago at WIND, WBBM-AM, and WCFL, as well as for The Associated Press and ABC Radio. Until he retired in May 2013, he was a news anchor for Howard Stern, hosting “Howard’s World,” covering Stern’s SiriusXM exploits. This Sunday (8/12) at 3:00 pm, a celebration of Ralph Howard’s life will be observed at New York City’s Riverside Chapel; Howard was 76 years old ….. Alpha Media Portland’s KXL “FM News 101” adds Envision Networks’ two-hour Nik Miles-hosted “Our Auto Expert” to its Sunday afternoon lineup (2:00 pm – 4:00 pm). Alpha Media executive vice president of programming Scott Mahalick remarks, “When it comes to personality and compelling automotive talk, nobody does it better than Nik Miles. We are excited to share ‘Our Auto Expert’ with the world as part of our commitment to bring the best live & local programming to our listener community.” KXL operations manager Bruce Collins notes, “Nobody knows more about the auto industry than Nik. He is both informative and entertaining – we welcome Nik and his show to KXL.” Miles adds, “I am so excited be working with the country’s most forward-thinkers in radio. Being live and local every week gives listeners an opportunity to be the first to hear about groundbreaking automotive stories and stay informed.” ….. The former general manager of Ohana Media Group’s six Anchorage (Alaska) stations – Tom Oakes – is named operations manager for Scripps Radio’s five-station Springfield, Missouri cluster, which consists of KTTS “94.7 Country’s Best”; CHR KSPW “Power 96.5”; adult hits KRVI “106.7 The River”; and KSGF AM & FM “News/Talk 1260 & 104.1.” In addition, he will be the program director of KTTS. Springfield Operations vice president and general manager Rex Hansen notes, “Tom Oakes brings years of experience in all formats we operate here in Springfield. Our listeners, team, and advertisers will benefit greatly from his expertise. His coaching skills will make a difference for our air staff immediately.” Oakes remarks, “A busy fall lies ahead as we prepare for not only the next ratings sweep, but continue to work with our on-going projects, promotions and programming needs across the entire cluster.” Oakes previously was vice president of programming for Ohana’s 11 stations in Alaska and Oregon; worked for New Northwest Broadcasters in a variety of upper-management roles with their stations in Alaska, Montana, Oregon, and Washington; and has experience in Omaha, Madison, and South Bend (Indiana) ….. The annual Public Radio Program Directors (PRPD) content conference will be held later this month (8/20 – 8/23) at Austin’s Hyatt Regency Hotel. “Pixels and Place” author Kate O’Neill will be a keynote speaker. PRPD is the only national gathering devoted solely to public radio content and programming and this year’s conference, “will be the most format-inclusive in the organization’s history. As every public radio station grapples with consumption, relevance and sustainability, the PRPD is committed to creating a setting where content leaders can learn, network and advance their careers.” ….. Owing to a strategy change regarding original podcasts, Amazon’s Audible Originals senior vice president of original content development Eric Nuzum is departing. The former NPR executive made the announcement in an email earlier this week. Several other Audible Originals staffers – including the entire unit responsible for original spoken-word podcast content – are also exiting, according to published reports. After releasing high-profile shows in its short existence, Audible Originals has more recently shifted to signing major authors to audiobook-first deals.
Round Two of July 2018 PPM Data Released. The second of four rounds of ratings information from Nielsen Audio’s July 2018 PPM survey has been released for 12 markets, including Washington (D.C), Boston, Miami, Detroit, Seattle, Phoenix, Minneapolis, San Diego, Denver, Tampa, Baltimore, and St. Louis. Nielsen Audio’s July 2018 survey period covered June 21 – July 18. See all the 6+ numbers from subscribing stations here.
TEGNA Releases Q2 Financials. The former television division of Gannett, Virginia-based TEGNA, reports that its second-quarter net income from continuing operations was up 87.8% to $92.5 million. “Subscription,” which is the company’s term for television retransmission consent revenue, was up 16%. President/CEO Dave Lougee notes, “Our progress in the quarter gives us confidence that our growth strategy is on track. Our business mix continues to evolve toward predictable and profitable subscription-based revenue streams. Contrary to conventional wisdom, our paid subscriber base is very stable, and in fact, our total number of paid subscribers was up year-over-year for the first time in recent years.” TEGNA owns or operates 47 TV stations in 39 markets. Results for its San Diego radio properties, news/talk KFMB-AM “AM 760 Talk & Breaking News” and rock KFMB-FM “100.7 KFM-BFM,” are not broken out in its earnings releases. The company completed its acquisition of KFMB-AM, KFMB-FM, and KFMB-TV from Midwest Television six months ago for a reported $325 million.
Ohio Special Election/Primaries, Manafort Trial/Gates Testimony, California Wildfire and the Environment, Trump China Tariffs, Alex Jones/InfoWars Banned by YouTube and Facebook, and MLB Action Among Top News/Talk Stories Discussed Yesterday (8/6). The cliffhanger special election in Ohio and key primaries in several states, the trial of former Donald Trump campaign manager Paul Manafort highlighted by the damaging testimony of Rick Gates; the deadly California wildfire and its connection to the environment; Alex Jones and InfoWars being dropped by several major social media platforms and MLB action were some of the most-talked-about stories on news/talk radio yesterday (8/7), according to ongoing research from TALKERS magazine.
Music Radio News and Career Moves. Co-host of “The Bob & Tom Show” – Tom Griswold – will host two evenings of live comedy featuring Greg Hahn, Pat Godwin, and Josh Arnold one week from Friday (8/17) at Indianapolis’ Irving Theater and the following night (8/18) at Lafayette, Indiana’s Lafayette Theater. All proceeds from both shows will go to The Nora Dane Fund, which helps defray the costs of medical treatment and related expenses for two-year-old Nora Dane, who is being treated for a rare, aggressive malignant brain tumor. Griswold states, “Three of my favorite comedians are stepping up to help little Nora. I promise a great night of comedy to support the amazing efforts being made to help this wonderful little girl.” Preferred seating tickets for each show are $75 and include early access to the venue; a meet-and-greet with the featured talent; a photo; VIP laminate; and choice of seating. Griswold and co-host Bob Kevoian originate their Westwood One syndicated show from Cumulus Media Indianapolis flagship WFBQ “Q-95 Indy’s Classic Rock.” ….. In honor of mid-day talent Pat Martin’s 30th anniversary with Entercom Sacramento’s KRXQ “98 Rock,” The Pat Martin All-Star Band will perform tonight (Wednesday, 8/8, 8:00 pm – 10:00 pm) as part of a free concert at Folsom, California’s Powerhouse Pub. Guest band members Jeff Keith from Tesla, composer Robert Sabino, and UFO’s “Atomik” Tommy McClendon are among others scheduled to appear. Martin currently fronts the longest consecutive running radio show in Sacramento history ….. As part of an exclusive long-term partnership with Saga Communications, Mediabase and BuzzAngle Music will provide Saga with comprehensive music listening and consumption data for more than 130 radio stations nationwide. Saga Communications vice president of programming Bob Lawrence comments, “Mediabase and BuzzAngle have proven to be essential tools for our many markets and programmers over the years. When presented with the opportunity to put them in our arsenal on a group-wide level, we simply could not resist.” Mediabase president and RCS Worldwide president/CEO Philippe Generali remarks, “We couldn’t be more thrilled to be chosen by the very talented programming team at Saga Communications. This partnership will expand the list of markets covered by Mediabase and complement it with the BuzzAngle sales and streaming data for all Saga stations.” Meanwhile, Jim Lidestri, chief executive officer of Border City Media, the makers of BuzzAngle Music, adds, “Mediabase’s airplay monitoring and BuzzAngle’s extensive consumer analytics is a powerful combination for programmers. We are delighted to partner with Saga to give them the most comprehensive tools to connect with – and engage – their listeners through music.” ….. Tickets go on sale this Friday (8/10) for Stephens Media Group Tulsa alternative KMYZ “Z-104.5 The Edge,”-sponsored “The Edge Halloween Haunt.” The October 31 event will feature The Struts, Meg Myers, and Albert Hammond, Jr. ….. After a four-year hiatus, Corey Garrison will return to Binnie Media Portland, Maine country outlet WTHT “99.9 The Wolf” later this month (8/20) as music director and afternoon driver. Operations manager Stan Bennett notes, “Corey has a great passion for country music. I could not be happier to see him return home and help an already veteran team keep ‘The Wolf’ Maine’s most-listened to country station.” Prior to working for three Blueberry Broadcasting stations in Lewistown-Augusta-Bangor, Maine (WABK, WBAK, and WBKA), Garrison was assistant program director/music director/afternoon talent at “The Wolf” (2007-2014). He takes over for J.C. Coffey, who left WTHT late last month ….. This past Saturday (8/4), 24-year-old Eric Manias was a victim of a home invasion at his New Albany (Ohio) apartment. Manias is a family member of Digi-Dude Nate, who is part of “Bailey and Southside,” the morning team on Cumulus Media Atlanta’s WNNX “Rock 100.5.” Manias was shot twice, beaten, and robbed. Transported to Grant Hospital, he is in critical condition with a fractured jaw and arm; broken hip; and numerous cuts and bruises; he’s had four surgeries thus far. Manias was born with pulmonary atresia, a heart disease in which the pulmonary valve is not properly formed. Shortly after his birth, he had three open-heart procedures. As of noon yesterday (8/7), a fund to help with his medical bills raised more than $5,700 toward a $10,000 goal ….. WOCQ-HD2 “Kool Oldies,” Salisbury-Ocean City (Maryland); WQTL “Kool Oldies 106.1,” Tallahassee (Florida); and KWML “Kool Oldies,” Las Cruces (New Mexico) are the latest affiliates of Envision Networks’ “Wolfman Jack Radio Show.” All three are Adams Radio Group properties. Its president & chief executive officer Ron Stone states, “We are thrilled to bring ‘The Wolfman’ back in our markets where we have great oldies stations playing the best music of all time. We believe the audience our oldies stations target are going to fall in love with ‘The Wolfman’ all over again.”
Field Answers USTN Lawsuit: “Ridiculous allegations.” As we reported last Monday (Talkers.com, 7/30), in a complaint filed in Harris County, Texas District Court, United States Traffic Network is suing Entercom for material and punitive damages “in excess of $5 million.” USTN alleges that Entercom entered into negotiations to buy the company and walked away from the deal at the last minute with the intent of developing a directly competitive business. Yesterday (Monday, 8/6), Entercom president/CEO David Field addressed the lawsuit in an internal memo. He writes, “The truth is we have acted in good faith and made every reasonable effort and then some to assist USTN in fixing their challenging issues.” Entercom released a statement including the following quote on the situation: “We are relieved to no longer be mired by the difficult USTN situation that was inherited as part of the CBS Radio merger. We will move quickly to augment our strong internal sales organization to ensure that we realize the full value of this inventory. With leading news brands like WINS, New York; KNX, Los Angeles; and WBBM, Chicago, Entercom has the industry’s most valuable traffic inventory. We are pleased to be in control of our own destiny as we pursue opportunities in this attractive market segment.” In response to the lawsuit, Field states, “Entercom believes it is entirely baseless, frivolous and frankly insulting. Entercom has worked tirelessly and constructively with USTN over the past six months to help USTN work through its significant financial issues. Entercom is owed substantial amounts of money by USTN, and the company intends to defend itself vigorously and assert all of its rights.” In yesterday’s memo, Field states, “To say the least, it is disappointing to read the ridiculous allegations that USTN has made when the truth is that we have acted in good faith and made every reasonable effort and then some to assist USTN in fixing their challenging issues. In order to set the record straight and ensure that you have all the facts regarding our relationship with USTN, I have included a summary of the events over the past 8 ½ months.” Click here to read the rest of Field’s memo.
Bortnick Joins iHeartMedia D.C. as Senior VP/Sales. Six-year vice president of sales for Entercom Washington (D.C.), Danny Bortnick crosses the street to become senior vice president of sales for iHeartMedia’s five stations in the Nation’s Capital. Region president Michael Preacher remarks, “We couldn’t be more pleased to welcome Danny to iHeartMedia. Danny has earned a great reputation building client-centric sales organizations while creating a positive work culture. He is the perfect fit for us.” Bortnick adds, “I am thrilled to be joining some of the most iconic brands in [the market], as well as one of the most recognizable media brands in the country.” Bortnick, who has a marketing and management degree from the University of Miami – School of Business, began his radio career 13 years ago as an account executive at Katz Radio in New York City and Atlanta. After a year at Katz, he became an account executive – and later, digital sales manager – at New York City all-news outlet WINS and then, director of sales for Salem Media Group New York City.
Saga Reports 6.5% Q2 Net Revenue Increase. For the quarter ending June 30, Saga Communications net revenue increased to $32.2 million. Meanwhile, operating income increased 2.7% to $6 million and station operating expense increased 8% to $23.1 million. Free cash flow from continuing operations was $6 million for the quarter, compared to $4.8 million for the same period last year. On a same station basis, net revenue decreased .6% to $30.1 million; operating income increased 1.5% to $6 million; and station operating expense decreased 1% to $21.2 million. The company had $52.9 million in cash on hand as of June 30, and $53.3 million as of yesterday (8/6). The company’s total long-term debt was $25 million as of June 30. Results for the quarter and six-month period were affected by the sale of the company’s television stations and purchase of radio stations in Charleston and Hilton Head (South Carolina) on September 1, 2017. Saga’s 2018 Q2 conference call will be at 11:00 am (ET) today (Tuesday, 8/7). Saga owns or operates 75 FM and 33 AM radio stations.
Gregg Receives Salute to Excellence Award. For the second consecutive year, Entercom Philadelphia’s KYW “News Radio 1060” community affairs reporter Cherri Gregg is recognized by the National Association of Black Journalists (NABJ). This time, she will receive a “Salute to Excellence Award” at the NABJ’s gala in Detroit. Entercom Philadelphia senior vice president and market manager David Yadgaroff states, “It comes as no surprise that Cherri has been recognized once again for the exemplary work she contributes to KYW. The hard work she has committed in less than a year demonstrates why she is deserving of this honor.” Gregg remarks, “I am honored and humbled by this great recognition. This acknowledgment validates the importance of creating conversation around social issues.” Gregg was recognized in the “Public Affairs” category in “Top 15 Markets, Radio.” The specific segment – “Police Transparency – When Should Names of Officers Who Kill Be Released?” – was from her weekly program “Flashpoint,” which airs Saturdays (9:30 pm) and Sundays (8:30 am). Launched in 2017, “Flashpoint” discusses community affairs, political news, civil rights and social issues. Last year, NABJ honored Gregg with a “Salute to Excellence Award” in “TV Investigative – Top 15 Markets” for her piece “Driving While Black,” a collaboration between Entercom and KYW-TV, Philadelphia (Channel 3). Gregg, who joined Entercom in 2010, was president of the Philadelphia Association of Black Journalists (2015 – 2016) and vice president of broadcast in 2013. A member of the Pennsylvania and Georgia Bars, she has an undergraduate degree (B.S.) from Boston University; a J.D. from Howard University School of Law; and an M.J. from Temple University’s College of Communications and Theater. Gregg was named one of the Philadelphia NAACP’s Most Influential Black Women and PABJ’s Journalist of the Year in 2013.
Remembering Bill Wattenburg. Cancer has claimed the life of 82-year-old Bill Wattenburg, who died last Thursday (8/2). For 39 years (1972 – 2011), “Dr. Bill” hosted a late night show on KGO, San Francisco where the former nuclear weapons designer at Lawrence Livermore National Laboratory would answer questions about everything from car repairs to physics. Show promos often referred to him as “The smartest man in the world.” The three-hour program (“Open Line to the West Coast,” 10:00 pm – 1:00 am) aired Saturday and Sunday nights and originated from his home in the Sierras. An occasional caller was Clint Eastwood, who gave Wattenburg a few cameos in the “Dirty Harry” movies. Using the nom de plume Will Harvey, the inventor and former physics professor at the University of California – Berkeley authored an early-1970s best-selling book “How to Find and Fascinate a Mistress.” The success of that book led to him being booked on numerous television talk shows where he debated the merits of feminism with people such as the Gabor sisters and Gloria Steinem. As an inventor, Wattenburg had eight patents to his credit, one reportedly being the first home alarm system using electrical wiring for its communication medium. A 2011 KGO format modification from news/talk to news resulted in several hosts – including Wattenburg – exiting the station. Shortly thereafter, Wattenburg hosted a show on Zwerling Broadcasting System news/talk KSCO-AM, Santa Cruz (California), which – after his death – aired a two-hour retrospective of his radio career.
Spanish Broadcasting System Forecasts Q2 Sales, OIBDA Increases. Preliminary estimated quarter two financial results for Spanish Broadcasting System estimates that consolidated net revenue will be between $34.5 million and $34.8 million, an increase of between 1% and 2% over the same period in 2017. Adjusted OIBDA, excluding non-cash stock-based compensation, is projected at $10.8 million – $11.6 million, an increase of 34% – 44% over last year. SBS chair/chief executive officer Raul Alarcon notes, “The company has continued its positive operational momentum throughout the second quarter with strong OIBDA growth and operating margins that continue to be among the highest in the industry. In addition, the announced $14 million sale of our surplus real estate in New York City has successfully closed, allowing for our move to newer and more suitable facilities in midtown Manhattan. A correlated and corresponding repayment of the company’s 12.5% senior secured notes from the net proceeds of the real estate sale has been undertaken, as previously envisioned. We maintain our positive view as to the continuing momentum in 2018 and will be filing our finalized second-quarter results within the next week.”
Ten Radio Groups Support NAB’s Owner Cap Modification Stance. Represented in this particular assemblage of group owners is “a cross-section of the industry” with minority-owned and family-owned entities that have stations in large and small markets. In alphabetical order by group owner, the open letter is signed by Alpha Media CEO Bob Proffitt; Connoisseur Media founder/CEO Jeff Warshaw; Emmis Communications chair/CEO Jeff Smulyan; Midwest Communications COO Michael Wright; Mid-West Family Stations president Thomas Walker; Neuhoff Communications president/CEO Beth Neuhoff; NRG Media president/CEO Mary Quass; Perry Publishing and Broadcasting chair Russell Perry; Townsquare Media co-CEOs Dhruv Prasad and Bill Wilson; and Zimmer Radio of Mid-Missouri president/owner John Zimmer. Read the entire letter here.
Round One of July 2018 PPM Data Released. The first of four rounds of ratings information from Nielsen Audio’s July 2018 PPM survey has been released for 12 markets, including New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island), Riverside, San Jose, and Middlesex-Somerset-Union. Nielsen Audio’s July 2018 survey period covered June 21 – July 18. See all the 6+ numbers from subscribing stations here.
TALKERS News Notes. Following stints on New Jersey outlets WMTR and WCTC, Jonathan Friedman’s “Talking Sports” (8:00 pm – 10:00 pm) debuts this Saturday (8/11) on Salem Media Group New York City’s news/talk WNYM “AM 970, The Answer.” The 52-year-old New Jersey resident notes, “I wanted to bring the show to a bigger stage. Growing up in Atlanta and being a huge fan of the Atlanta Falcons, Hawks, and Braves, my love for sports started early in my life. No matter who I talk to, the topic always seems to go to sports; that’s how I connect with people.” A 30-year advertising executive, Friedman has been with Success Communications Group the last 15 years and created the “Gotta Go To Mo’s” campaign for Modell’s Sporting Goods ….. St. Louis-based Project 21 co-chair Stacy Washington is broadcasting “Stacy on the Right” live nationwide. The first hour of the weekday talk program is available on all 180 stations of the American Family Radio Network. The national hour is 3:00 pm – 4:00 pm (ET) and can be streamed through the AFR website, TuneInRadio, Facebook, and YouTube. Decorated Air Force veteran and Emmy-nominated TV personality Washington began her broadcasting career several years ago as a fill-in host on news/talk KFTK, St. Louis and began a two-hour program on the Urban Family Talk Network in 2016 ….. Having added ten million listeners over the last few months, iHeartRadio officially surpasses 120 million registered users. It has over 20,000 podcasts in 20 different unique categories, including 750 iHeartRadio original podcasts ….. According to a report by Richard Deitsch in The Athletic, former NFL quarterback (St. Louis Rams, New York Giants, Arizona Cardinals) Kurt Warner will succeed Boomer Esiason as analyst on Westwood One’s “Monday Night Football” broadcasts. Hall of Famer Warner – who has filled-in when Esiason wasn’t available – would work alongside play-by-play announcer Kevin Harlan. According to Deitsch, a formal announcement of the deal is forthcoming ….. In a situation that will have him relocating to the network’s Chicago headquarters, Scott Krus – station manager of religious teaching WCRF “Moody Radio,” Cleveland – is promoted to general manager of the national Moody Radio Network. Three-month vice president, and former GM, Doug Hastings states, “Scott has the background, skills, and passion to take Moody Radio into our next season. He is very well known at Moody Radio; respected by staff and industry leaders; and has proven that he will effectively lead Moody Radio as general manager.” Krus, who begins his new duties in approximately four weeks (9/1), comments, “I am grateful for the opportunity to serve our teams and [am] energized by the challenge of navigating this ever-changing landscape of media ministry. I believe that Moody is strategically-positioned to expand on its role as a leader in the industry and uniquely equipped to inspire listeners to take that next step in their walk with Jesus Christ. I am looking forward with great excitement to all that God will do in the days to come.”
Paul Manafort Trial/Gates Testimony, Kushner Deleted Stories, Midterm Races, California Wildfire, MLB Action Among Top News/Talk Stories Yesterday (8/6). The trial of former Trump campaign manager Paul Manafort highlighted by the juicy testimony of Rick Gates; claims that Jared Kushner deleted sensitive stories at his newspaper; the attempted drone assassination attempt of Venezuela President Nicolás Maduro; this fall’s midterm elections; the deadly California wildfire; and Major League Baseball action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Premiere Promotes Silcock to VP/Affiliate Relations – Morning Shows. Six-year, New York City-based director of affiliate relations Casey Silcock receives vice president stripes from Premiere Networks. In the newly-created position of vice president of affiliate relations – morning shows, Silcock will oversee affiliate sales and serve as the syndicator’s brand manager for programs featuring Elvis Duran; Bobby Bones; Brooke & Jubal; Johnjay & Rich; and Kane. Senior vice president of affiliate relations/talk and morning shows Peter Tripi comments, “Casey has been a valuable member of our team for the past six years, and he has made significant contributions to the growth of our industry-leading morning shows. I’m confident his leadership, sound judgment, and solid relationships with affiliate stations and talent alike will drive continued success for our programming.” Silcock previously was head of promotion for Verve Music Group, a division of Universal Music Group, and held management promotion and marketing positions at Virgin Records America.
Music Radio News and Career Moves. Weekend WTXF-TV “Fox 29,” Philadelphia sports anchor Sean Brace will appear each Friday at 8:20 am on iHeartMedia Philadelphia rhythmic hot AC WISX “Real 106.1” during “Chio in the AM.” In addition, Brace will contribute to the station’s website and host a Saturday night (7:00 pm – 12:00 midnight) music show. He formerly was heard on cross-town Greater Media (now Beasley Media Group) sports talk WPEN-FM “97.5 The Fanatic” ….. It is an eventful day for San Antonio air-on talent named “Cortez.” Taking to Facebook, Tony Cortez announces he is leaving his position as assistant program director/afternoon drive talent at Alpha Media’s CHR KTFM “Energy 94.1,” while “The Dana Cortez Show” was missing this morning at cross-town Univision Radio-owned rhythmic CHR KBBT “98.5 The Beat.” On Twitter, Dana Cortez tweets, “We have some exciting things in the works & want you to be part of.” ….. Promotions coordinator/night personality Edwin Guevara is elevated to promotions director/afternoon host at Townsquare Media Trenton, New Jersey CHR WPST “94.5 – Your New #1 Hit Music Station.” He replaces Tom Shinn, who exited last month. Guevara is approaching his third year at the station, arriving from Kemp Broadcasting Las Vegas rhythmic CHR KVEG “Hot 97.5” ….. Former Bonneville country KYGO, Denver program director Eddie Haskell is named senior vice president of programming for iHeartMedia’s Fort Collins (Colorado) stations. According to iHeartMedia Denver area president Amy Griesheimer, “I am thrilled to have someone of Eddie’s caliber and expertise partner with us to lead [our] Northern Colorado dynasty. Eddie’s passion and brand knowledge are unmatched.” Denver region senior vice president of programming Jason McCollim notes, “Eddie’s knowledge and experience in Colorado radio are second to none. His addition to the Fort Collins team will only help to increase our already strong footprint in Northern Colorado.” Haskell adds, “I am so stoked to join the team at iHeartMedia Fort Collins. We have great brands, great programmers, and a great management team.” His prior background includes being operations manager for Cumulus Media Albuquerque and he has held various programming roles in Detroit (WYCD) and Salt Lake City (KKAT-AM). The iHM cluster in Fort Collins includes country KXBG “Big 97.9”; classic hits-oldies KXBG-HD2 “B-107.3”; classic country KIIX “AM 1410 – Country’s Greatest Hits”; CHR KSME “96.1 – Kiss-FM”; classic rock KPAW “92.9 – The Bear”; alternative KPAW-HD2 “Radio 94.9”; and news/talk KCOL “Fox News Radio 600” ….. Grammy winner – and the first “American Idol” – Kelly Clarkson is filming a pilot for a daytime (TV) talk show. Clarkson has a deal with NBC Entertainment, but the pilot is currently not attached to any network; it is potentially being shopped for a fall 2019 debut.