Digital | TALKERS magazine - “The bible of talk media.” : TALKERS magazine – “The bible of talk media.”

Tag: "Digital"

Thursday, May 5, 2022

| May 5, 2022

Urban One First Quarter 2022 Net Revenue Rises 23%. Reporting financial data for the first quarter of 2022, Urban One, Inc. – parent of Radio One – says its net revenue was approximately $112.3 million, an increase of 23% from the same period in 2021. Broadcast and digital operating income was approximately $48.4 million, an increase of 33% from the same period in 2021. Net income was approximately $16.4 million or $0.32 per share (basic) compared to $7,000 or $0.00 per share (basic) for the same period in 2021. Urban One CEO and president Alfred C. Liggins, III, states, “We had extremely strong first quarter performance across the platform, with advertising revenues up double-digit percentages in all of our operating segments. Digital revenues were up 49.5%, cable TV advertising revenues were up 46.9%, and radio advertising, excluding political and digital, was up 17.4%. This enabled us to grow Adjusted EBITDA by 38.9% year-over-year, and by $14.3 million or 51.6% vs. Q1 2019. Looking back at pre-pandemic revenues, when we aggregate our radio broadcasting, syndication, events and digital operations, net revenues were up 11.5% compared to Q1 2019. Second quarter core radio advertising is pacing up mid-single digits, as we start to lap the tougher comps from 2021. Our balance sheet continues to strengthen, with $166.4 million of cash and net leverage down to 4.07x.”

 

Cumulus Announces $25 Million Stock Buyback. On the heels of yesterday’s first quarter financial report and the board’s authorization of a $50 million buyback program, Cumulus Media Inc. announces its intention to commence a “modified Dutch auction” tender offer to purchase up to $25 million of shares of its Class A common stock, or such lesser number of shares of its Class A common stock as are properly tendered and not properly withdrawn, at a price not greater than $16.50 and not less than $14.50 per share of Class A common stock, to the tendering shareholder in cash, less any applicable withholding taxes and without interest (the “Offer”). Cumulus president and CEO Mary G. Berner says, “Following yesterday’s announcement of the board’s authorization of a $50 million share buyback program, we are launching this tender as a first step in our capital return plan. This action is underpinned by our strong financial and operating momentum, our continued belief that the company is significantly undervalued and our desire to allow shareholders who seek it the ability to take advantage of the liquidity we can provide them. It is also our expectation that, even with this tender offer, we will be below our target of 3.5x net leverage by year end with significant continuing liquidity and financial flexibility for accretive M&A.” Cumulus will conduct the Offer by means of a procedure commonly called a “modified Dutch auction.” This procedure allows shareholders to select the price, within a price range specified by Cumulus, and the number of shares they are willing to sell at that price (or, should a higher price be determined as the “purchase price,” such higher price). The Offer is being made under Cumulus’s previously announced $50 million share repurchase program.

 

Saga Communications Net Revenue Increases 12% in Q1 of 2022. For the first three months of 2022, Saga Communications, Inc. net revenue increased 12% to $25 million compared to $22.3 million for the same period in 2021. Station operating income increased 17.8% to $5.6 million and operating income was $1.7 million compared to $883,000 for same period a year ago. Saga reports net income of $1.2 million compared to net income of $758 thousand for Q1 of 2021. The company paid a quarterly dividend of $0.16 per share on April 8, 2022. The aggregate amount of the quarterly dividend was approximately $970 thousand. Additionally, the company paid a quarterly dividend of $0.16 per share and a special dividend of $0.50 per share on January 14, 2022. To date Saga has paid over $78 million in dividends to shareholders since the first special dividend was paid in 2012. Saga Communications reports that it had $55.2 million in cash on hand as of March 31, 2022.

 

Russia-Ukraine War Correspondent Gregg Stebben is This Week’s Guest on Harrison Podcast. Veteran media editor/reporter Gregg Stebben is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” Stebben is a former longtime editor of Men’s Health magazine who served 20 years as its radio spokesperson. He is currently reporting on a volunteer basis back to the U.S. via the beamz.live platform from Poland and Ukraine where he has been interviewing refugees and local citizens in both adjacent nations in addition to doing whatever he can to provide comfort and support to the frightened, displaced people in conjunction with international humanitarian groups. Harrison caught up with Stebben on the Ukrainian side of the border on May 2. They discuss the human element of the crisis and the catastrophic impact and escalating deadly potential of the war. Harrison states, “Not only is the information being gathered by Stebben of great value, he is a shining example of independent talk radio reporting in action serving as a one-man field unit reporting on the war while supporting Ukraine as a volunteer. I find his effort truly inspirational.” To listen to the podcast in its entirety, please click here.

 

 

Premiere of 2,000 Mules Takes Place at Mar-a-Lago. The premiere of Dinesh D’Souza’s documentary film 2,000 Mules took place last night (5/4) at Mar-a-Lago in Palm Beach, Florida as former president Donald J. Trump presided over the event. The film was executive produced by Salem Media Group and a number of its current and former talk hosts appear in the documentary. Pictured above are (from l-r): D’Souza, Sebastian Gorka, Eric Metaxas, Trump, Larry Elder, Charlie Kirk, and Dennis Prager.

 

Triton Digital Streaming Metrics Ranker for March 2022 Released. The Streaming Metrics Ranker for the U.S. for March of this year has been released by Triton Digital. The ranker is based on Average Active Sessions and charts the top 25 performing digital audio publishers. For the daypart 6am-12am Mon-Sun, iHeartMedia leads the pack with 303,162 AAS. Some of the other radio-related companies appearing in the ranker include at #2 NPR Member Stations (81,035 AAS), #3 Audacy (69,281 AAS), #4 Cumulus Streaming Network (42,569 AAS), #7 Beasley Broadcasting Corporate (19,203 AAS), #8 Hubbard Broadcasting (15,233 AAS), #11 Salem Communications (9,591 AAS), #12 Urban One (8,577 AAS), and #13 Bonneville International 7,612 AAS). See the complete ranker here.

 

WCKG-AM, Chicago Owner Buying Time on WLS-AM to Reach Voters for U.S. Senate Campaign. Chicagoland radio station owner Matt Dubiel – whose company DuPage Radio LLC owns and operates talk outlet WCKG-AM, Elmhurst – is running for the U.S. Senate as a Republican and is taking an interesting tack in his campaign. He says in a press release that “in the spirit of former presidential candidate and businessman Ross Perot, Illinois businessman Matt Dubiel has purchased airtime on Cumulus Media news/talk WLS 890-AM.” He will host a two-hour show every Saturday afternoon from 3:00 pm to 5:00 pm until the primary election on June 28. Dubiel adds, “Nothing can replace the reach of radio. I’m consistently being shadow-banned on social media, corporate media refuses to cover my campaign, and the issues we need to discuss like CRT/SEL in schools, medical freedom, and other hot topics are virtually banned on social platforms that censor We the People, in America! The Illinois GOP even has me blocked on Twitter, and I’m running on their ticket! Hosting my own show on the radio home of Bongino, Shapiro, and Levin will allow Dubiel to speak directly to the people. The people in every county across Illinois need to know they have a guy who will actually represent them for a change. I am looking forward to talking to ALL Illinoisians about the issues that matter to them.” The 45-year-old Dubiel says he began his career in radio at 17, interning for the legendary Steve Dahl. He worked his way up through the radio ranks in Chicago, serving as a producer and talent, before transitioning into management.

 

Jeff Katz Show Honored by Virginia Governor Glenn Youngkin. Pictured above is WRVA, Richmond afternoon drive talk host Jeff Katz (right) with Virginia Governor Glenn Youngkin (left) as the governor recognizes the 6th anniversary of Katz’s “Lt. Jan McTernan Blue Friday Honors Program” that pays tribute to Central Virginia police officers by highlighting their positive contributions.

 

TALKERS News Notes. Radio pro Jon Zaghloul is being promoted to sports director at DuPage Radio LLC’s WCKG-AM, Elmhurst, Illinois. In this new role, Zaghloul will continue to host his weekend program “Sports Talk Chicago” on the station. He says, “I am honored to be a part of this exciting new challenge with WCKG. Over the past two years with the station, I’ve thoroughly enjoyed the chance to provide Chicagoans with hard-hitting sports opinions and insightful interviews. Now, it is time to expand our iconic brand, and I am actively on the hunt for both fresh, and established local sports talent to bolster our daily lineup.”…..Los Angeles Comic Con, partners with iHeartRadio to produce the podcast, “Comic Con Meta*Pod.” The show launched on Wednesday (5/4) with a “May the 4th Star Wars” special featuring “Mandalorian” actor Giancarlo Esposito, “Clone Wars” and “Bad Batch” composer Kevin Kiner, and more. The podcast is hosted by Hector Navarro and art/culture critic Joelle Monique…..Pictured below is “Florida Man Radio” afternoon drive host Shannon Burke (left) with former New York City police chief Bernard Kerik (right). Kerik appeared on Burke’s radio show on Wednesday (5/4) and the two discussed Kerik’s former police chief role in New York City, working with Donald Trump, the January 6 Committee, and more. “Florida Man Radio” is broadcast on WDYZ-AM/W288CJ, Orlando and WZLB-FM, Fort Walton Beach.

 

Roe v Wade Leak/Protests, Fed Raises Interest Rates/Economy, Midterm Primaries/Trump & the GOP, Russia-Ukraine War, January 6 Investigation, COVID-19, and Dave Chapelle Attack Among Top News/Talk Stories Yesterday (5/4). The leak of a draft Supreme Court ruling that would overturn Roe v Wade and the protests taking place around the country; the Fed raises interest rates a half percent and the effect of high gas and food prices; the primary elections for November’s midterm races and Donald Trump’s influence over the GOP; Russia’s ongoing invasion of Ukraine and its effects on Europe and the global economy; Donald Trump Jr. sits for testimony before the January 6 committee; concerns about new Omicron variants causing a summer wave of infections; and Dave Chapelle is attacked while on stage at the Hollywood Bowl were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Thursday, March 3, 2022

| March 3, 2022

NAB Takes Stand on Russian-Sponsored Programming. As Russia’s invasion of the Ukraine continues, the National Association of Broadcasters issues a statement from NAB president and CEO Curtis LeGeyt. He says, “The National Association of Broadcasters is a fierce defender of the First Amendment and the critical importance of the ability to freely express views, both popular and unpopular. While the First Amendment protects freedom of speech, however, it does not prevent private actors from exercising sound, moral judgment. To that end, given the unprovoked aggression exhibited by Russia against the free and sovereign people of Ukraine, NAB calls on broadcasters to cease carrying any state-sponsored programming with ties to the Russian government or its agents. While we know that airings of such programs are extremely limited, we believe that our nation must stand fully united against misinformation and for freedom and democracy across the globe.”

 

FOX Audio Network and Spotify’s Megaphone Partner for Advertising & Distribution. A new partnership is announced between the new FOX Audio Network, which combines all of FOX’s news, sports, and entertainment podcasts into a scaled, diverse portfolio of original audio content, and Spotify’s Megaphone for advertising and distribution as the exclusive hosting platform for their growing slate. FOX Corp says, “The outsized reach of the FOX Audio Network’s 60-plus podcasts creates a unique opportunity for advertisers to access the broadest possible audience across all of the hottest FOX original audio content efficiently and effectively.” FOX News Media SVP, digital ad sales Dan Realson states, “The establishment of the FOX Audio Network provides unique opportunities for advertisers to reach a broad audience of our loyal podcast listeners across a diverse range of programming genres from our entire portfolio. Podcasts continue to be a popular and rapidly growing medium and we’re excited to collaborate with Spotify’s Megaphone to bring this opportunity directly to the advertising marketplace.” The press release goes on to say that FOX Audio Network advertising will be managed by the FOX ad sales team with additional inventory being sold through the Spotify Audience Network. Podcast publishing platform Megaphone will empower FOX Audio Network to monetize, measure, and grow FOX’s podcast content and audiences through best-in-class publishing and monetization tools.

 

Urban One 2021 Q4 Net Revenue Rises 15.3%. 2021 Fourth quarter financial data from Urban One, Inc. is being reported and the company says net revenue for the period was approximately $131.0 million, an increase of 15.3% from the same period in 2020. Broadcast and digital operating income was approximately $44.1 million, a decrease of 14.9% from the same period in 2020. For the full year of 2021, net revenue was $441.4 million, an increase of 17.3% over the full year of 2020. For 2021, Urban One posted consolidated net income of $40.7 million compared to the consolidated net loss of $6.5 million it reported for 2020. Urban One CEO and president Alfred C. Liggins, III comments, “We had another very strong quarter, with revenue exceeding expectations, allowing us to significantly exceed our previous Adjusted EBITDA guidance for the year of $140-$145 million. There was some noise in the expenses, predominantly related to returning events, TV programming amortization and annual staff bonuses, all of which were anticipated and factored into our guidance. Demand for our audience remains extremely robust across the platform, and, excluding political, advertising revenues for the quarter were up double-digit percentages in all of our operating segments. Digital revenues were up 42.9%, and we exceeded $50 million in annual digital revenue for the first time. Cable TV revenues were up 43.6% helped by strong upfront demand and higher average unit rates across both TV One and Cleo. Looking back at pre-pandemic revenues, when we aggregate our radio broadcasting, syndication, events and digital operations, net revenues were up 25% compared to Q4 2019, and Adjusted EBITDA up 21%. We expect to continue to exceed pre-pandemic revenues and Adjusted EBITDA in 2022, and this is supported by first quarter 2022 core radio pacings up low double digits, and up mid-teens including digital revenues.”

 

100 Points! Impossible! Yesterday, March 2, marked the 60th anniversary of Wilt Chamberlain’s legendary 100-point game against the New York Knicks on March 2, 1962. The game has taken on a mythical quality, with the details seemingly lost in the mists of time. Talk radio host and voice artist Mark Wainwright discovered that the actual backstory of the game – and how the precious final minutes of the radio broadcast were discovered and preserved – is a long saga and even more remarkable than the myth and legend. It was once thought that all evidence of one of the greatest individual performances in the history of sport was lost forever, and it almost was…except for one Philadelphia radio station and two alert listeners. Read Mark Wainwright’s complete feature story here. Photo: Paul Vathis/Associated Press

 

TALKERS News Notes. A new iHeartRadio original podcast debuts as “The Important Things with Bobbi Brown and Anjali Kumar” joins the company’s podcast network. The new program asks the age-old question: how can you lead a life of fulfillment? The ongoing pandemic has required us all to reexamine what matters most and prioritize what brings us true contentment. Through candid conversations with friends, thought leaders, creators and entrepreneurs, beauty industry titan Bobbi Brown and best-selling author and attorney Anjali Kumar explore the strengths, skills, habits, and mindsets that have helped their guests live their most authentic and gratifying lives. The inaugural episode will feature renowned activist Gloria Steinem, followed by upcoming guests such as designer Jennifer Fisher, soccer legends Ali Krieger and Ashlyn Harris, philanthropist Christy Turlington Burns and “Jeopardy” champion Amy Schneider…..SiriusXM is recognizing Women’s History Month across SiriusXM, Pandora, and Stitcher with special themed programming and limited-engagement channels. SiriusXM will ensure “She’s Got the Mic” by raising the voices of both prolific and up-and-coming female artists in honor of Women’s History Month. Four limited-engagement music channels will launch in March, spanning genres and representing artists from across the decades, including channels curated and presented by Avril Lavigne and Maren Morris, as well as a full channel dedicated to the iconic Tina Turner. There will also be a channel devoted to the defining, female-led festival tour of the 90s, Lilith Fair…..The Freakonomics Radio network is expanding on its growth with the hiring of a new editorial director, Gabriel Roth, alongside consultant Jared Hohlt. Before joining the Freakonomics Radio team, Roth worked at Slate for seven years, where he oversaw podcasts and helped launch the groundbreaking series “Slow Burn,” along with many other shows. Roth says, “I’ve been a fan of the Freakonomics Radio team’s work for more than a decade, and I’m thrilled to get the chance to work on their terrific podcasts and help grow the network.” Hohlt, Slate’s former editor-in-chief, has also begun helping Freakonomics Radio as a part-time consultant. Roth will oversee all existing and future shows in the network, with a special concentration on the flagship show, and Hohlt is focusing especially on two new podcasts, one in the early stages and the other in piloting mode, while helping with the existing shows as well.

 

Russian Ukraine Invasion, COVID-19, January 6 Investigation, State of the Union, The Economy/Inflation, Midterm Elections/Trump & the GOP, and MLB Negotiations Among Top News/Talk Stories Yesterday (3/2). Russia’s continuing invasion of the Ukraine and the West’s reaction; the White House issues its National COVID-19 Preparedness Plan as the next step in dealing with the pandemic; the January 6 House select committee alleges that former President Donald Trump and attorney John Eastman took part in a “criminal conspiracy” to overturn the 2020 election; reactions to President Joe Biden’s State of the Union address; the turmoil in the world’s financial markets and the soaring prices of consumer goods and gasoline; the battle for control of Congress in November’s midterm elections and Donald Trump’s influence over the GOP; and the stalled negotiations between the MLB’s owners and players that’s put the 2022 season in jeopardy were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Wednesday, November 3, 2021

| November 3, 2021

iHeartMedia and DraftKings Enter into Multiplatform Deal. This new relationship between iHeartMedia and DraftKings is a “multi-year strategic relationship, making DraftKings the official odds supplier for iHeartMedia’s broadcast, digital, podcast and social platforms.” As part of this deal, DraftKings is now able to co-create and distribute longform content with iHeartMedia and will receive preferred access to iHeartMedia’s full roster of diverse personalities. Furthermore, DraftKings and iHeartMedia will collaborate around a wide range of possible content development opportunities, including the distribution of shows and segments across the media giant’s radio and digital properties and integrations within iHeartMedia’s live sports broadcasts. DraftKings and iHeartMedia will also collaborate on a number of possible experiential opportunities for listeners and fans including providing cross platform interactive games. iHeartMedia Multiplatform Group CEO Greg Ashlock says, “Even though we are number one in audio sports programming, we continue to build new sports content and DraftKings is an ideal partner as we expand and innovate. DraftKings is a premier sports technology and entertainment company that provides millions of customers with the best in real-money gaming products along with exceptional safety and security through various responsible gaming measures. We look forward to a long and fruitful partnership everywhere sports betting is permissible.”

Round Two of October PPMs Released. The second of four rounds of ratings information from Nielsen Audio’s October 2021 PPM survey has been released for 12 markets including: Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis. Nielsen’s October 2021 survey period covered September 16 – October 13. Today, TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In Washington, Cumulus Media’s news/talk WMAL-FM adds a full share to finish the survey with a 4.2 share (6+, weekly AQH share) and rises to the #8 rank in the market. At Bonneville’s crosstown all-news WTOP-FM, the station dips two-tenths for an 8.3 share and falls back to the #3 rank. iHeartMedia’s news/talk WRKO, Boston tacks on two-tenths for a 4.1 share and the #8 rank while sister all-news WBZ-AM dips four-tenths for a 6.2 share but remains ranked #3. But, the winner in Boston is Beasley Media Group’s sports talk WBZ-FM “98.5 The Sports Hub,” which adds six-tenths for an 8.0 share finish good for #1. In Seattle, Bonneville’s KIRO-FM continues in the #1 position even though it shed three-tenths and wrapped the survey with a 6.8 share. You can see Mike Kinosian’s complete Ratings Takeaways for this group of markets (as well as yesterday’s first round) here.

Former President Trump Featured in New Starnes Book. Pictured above is nationally syndicated talk radio host and author Todd Starnes (right) with former President Donald Trump (left) at Mar-a-Lago in in Florida where the two sat down for a 90-minute interview that will be the centerpiece of Starnes’ new book about American culture set to be published by Simon & Schuster in 2022.

Jake Query Partners with Kevin Bowen for Mornings on Emmis’ ‘The Fan 93.5 & 107.7.’ Indianapolis sports talk personality Jake Query is joining Emmis Communications’ Indy sports talker “The Fan 93.5 & 107.5” (WIBC-HD2/W228CX/W298BB) to co-host the morning drive program with current morning personality Kevin Bowen. Query was most recently with iHeartMedia’s crosstown sports talk WNDE-AM as co-host of the “Query and Schultz Show.” The new “Kevin & Query” show will air weekdays from 7:00 am to 10:0 am beginning Monday (11/8). Emmis Indianapolis VP of programming David Wood says, “Jake is an Indianapolis sports lifer and a gifted storyteller. It was clear that Kevin and Jake had an instant and interesting chemistry when they did several shows together in October. They are going to give Indy sports fans a consistently fun and informative show.” Query says, “During the last 22 months, I’ve been fortunate to gain many valuable, and previously overlooked, personal perspectives. One thing that needed no further solidification was my love for the city of Indianapolis. To be given the privilege to again speak to and with people from all corners and backgrounds of this town means the world to me. I’m grateful for the opportunity and am excited to be part of the trajectory of the morning show on ‘The Fan.’ It’s a great honor.”

Paul Windisch Named GSM for SummitMedia Springfield, Missouri. Radio sales pro Paul Windisch joins SummitMedia as general sales manager for the company’s Springfield, Missouri station group that includes news/talk KSGF-AM/FM and three music brands. Prior to joining SummitMedia, Windisch owned Freedom Consulting LLC, in which he helped companies grow through marketing consulting, sales training, recruitment, and operational strategy. Windisch says, “I believe we all should strive to bring out the best in others, whether that is the people I work with, peers, or clients. It’s clear Summit Media embodies these same principles, recognizing their people are their most important asset. I feel incredibly blessed and excited to join this company.”

Jerry Butler Upped to Market Manager for MARC Radio in Gainesville. Radio pro Jerry Butler is promoted to market manager for MARC Radio’s Gainesville, Florida that includes Christian teaching/talk WTMN/WRZN/WIWA and five music brands. Butler joined the company 14 months ago and has been leading the group’s local sales efforts. MARC Radio executive vice president Dave Cobb says, “Jerry Butler is an impressive mix of on-air talent, industry knowledge, experience and most importantly, results. Despite the economic challenges of the past year, Jerry has navigated our stations and inspired our local sales team to record-breaking sales. He’s earned this promotion and we can’t wait to see what he accomplishes next at MARC.” Butler adds, “My cause has always been economic empowerment. MARC Radio has assembled a team of passionate broadcasters who share our commitment to quality and growth. It’s an honor to grow with this incredible company.”

Key Networks to Rep Radio’s Fresh Eyes. Syndication firm Key Networks announces it has inked a deal with Radio’s Fresh Eyes to represent the radio culture and leadership consultancy’s services to stations for cash or barter. Radio’s Fresh Eyes is led by radio industry pros Dave Paulus and John Shomby whose goal is to work with radio groups of all sizes “to create a dominant and unparalleled employee culture, giving stations actionable steps to a winning culture.” Key Networks chief revenue officer Dennis Green says, “When we started Key Networks, the goal was to be associated with the biggest brands and best in class product and people. Radio’s Fresh Eyes checks all the boxes, and I couldn’t be happier to be working with Dave and John on this project. They are consummate professionals who know all facets of the business and provide the leadership your station needs to win. That is Radio’s Fresh Eyes. They get it because they lived it. That’s all you need to know.”

NuVoodoo Names Andrea Parikh to Lead OOH Media-Trading Unit. Joining NuVoodoo Media Services to lead the firm’s new Out-of-Home Media-Trading unit is Andrea Parikh, whose title is digital OOH product developer and team leader. Parikh spent 16 years with Clear Channel Outdoor and in her new role will help NuVoodoo clients “leverage the intersection of mobile, social and digital media with billboards, transit shelters, street furniture and venue signage to reach consumers and in particular, the people most likely to participate in radio ratings.” NuVoodoo president Carolyn Gilbert says, “We couldn’t be happier that the person who led the rollout of digital Out-of-Home, mobile and data products at one of the world’s leading Out-of-Home media companies is now available exclusively to NuVoodoo clients in the radio industry. We welcome Andrea to the NuVoodoo team and look forward to doing even more for our clients through her extensive relationships and deep expertise.”

VA and NJ Governor’s Races, COP26 Summit, Biden Spending Bills, COVID-19, SCOTUS Texas Abortion Case, and World Series Among Top News/Talk Stories Yesterday (11/2). Tuesday’s elections that saw Republican Glenn Youngkin defeat Democrat Terry McAuliffe for the Virginia governor’s seat and the still-too-close-to-call New Jersey gubernatorial race; the COP26 Summit in Glasgow and the issue of climate change; the status of President Joe Biden’s $1.2 trillion infrastructure bill and $1.75 trillion economic plan; the rate of COVID-19 cases in the U.S., the controversy over vaccine mandates, and vaccines approved for kids; the Supreme Court’s hearing of the Texas abortion law case; and the Atlanta Braves’ victory over the Houston Astros in the 2021 World Series were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Pending Business: Killing the Customer

| November 1, 2021

By Steve Lapa
Lapcom Communications Corp
President 

 

PALM BEACH GARDENS, Fla. — The past 90 days have been a roller coaster for many on the marketing side of the radio business. Hopefully your ride has evened out and the rest of the fourth quarter is downhill. On the way to year-end, here is an experience that may help you improve your personal sales and customer management skills.

Our situation is based in a top 40 market with a dominant radio station and a solid talent. After several rounds of well-received negotiation we came to an agreement with clear expectations. The station seller and talent agreed to live reads and the advertiser approved the deal. We were locked and loaded with approved creative and good to go all around.

Read More

Friday, October 29, 2021

| October 29, 2021

WTAM, Cleveland Legend Mike Trivisonno Passes at 74. The Cleveland operations of iHeartMedia announce that longtime WTAM-AM talk host Mike Trivisonno has died. A statement from the company says: “It is with heavy hearts that WTAM 1100 announces the passing of radio legend and current talk show host, Mike Trivisonno. He was 74 years old. Trivisonno, a Cleveland native, began his talk radio career in 1986. Since his days as ‘Mr. Know-it-All,’ Triv has been voted ‘Best Talk Show Host’ by Scene Magazine and The Achievement in Radio Awards. The Cleveland Plain Dealer named him the ‘Voice of Cleveland,’ Cleveland Magazine named him ‘One of Cleveland’s Fifty Most Interesting People,’ and he was a 2003 NAB Marconi finalist for ‘Personality of the Year.’ Triv proudly raised over $5 million dollars for local charities during his career, including Coats for Kids, whom he hosted his annual ‘Vegas Show Benefit’ in support of. Although ‘The Voice of Cleveland’ has been silenced, his impact on Cleveland will be felt and heard for years to come. All of us here at WTAM send our love and support to his family during this difficult time. We will bring you more details as we receive them, including information on memorials.”

NOW POSTED: This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted. This new episode titled, “War of the Words,” looks back at this past week of 10/25 – 10/29. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERSVictoria Jones, executive director, DC Radio CompanyArmstrong & Getty, talk show co-hosts, independently syndicated; Glenn Jacobs, mayor of Knox County, TN/former world heavyweight champion wrestler (Kane), WWE. The show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD, Denver; KFNX, Phoenix; KTLK-FM, St. Louis; WPG, Atlantic City, NJ; SuperTalk 99.7 WTN, Nashville; WVLY, Wheeling, WV; WTRW-FM, Scranton/Wilkes Barre, PA; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; WGDJ, Albany, NY;  WJFN-FM, Richmond, VA; WZFG, Fargo; KTGO, Tioga, ND; KWAM, Memphis; K-NEWS, San Luis Obispo; WGMD, Rehoboth Beach, DE; WCHM, Clarkesville, GA;  WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED, DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; WSAR-AM/FM, Fall River, MA; WIZM-AM/FM, La Crosse, WI; WMVA, Martinsville, VA; KQEN, Roseburg, OR; the Virginia Talk Radio NetworkCRN Digital Talk Radio Network; the iHeart Podcast NetworkPioneer Valley Radio, Springfield, MA; Podcast Radio, UK and many more.  To listen to this week’s episode, please click here. To view the latest TALKERS magazine topic research, please click here.  “The Michael Harrison Wrap” is now available in syndication via Talk Media Network to stations across America on a market exclusive basis. For affiliation information, please click here or call 616-884-8616.

SiriusXM Q3 Revenue Rises 9%. Satellite and digital broadcaster SiriusXM revealed its financial results for the third quarter of 2021 and reports revenue of $2.2 billion, an increase of 9% compared to the prior year period. The company recorded net income of $343 million in the third quarter of 2021, compared to $272 million in the same period a year ago. SiriusXM CEO Jennifer Witz says, “By adding a record 616,000 net new SiriusXM self-pay subscribers in the third quarter, we attained our prior full-year guidance of approximately 1.1 million net additions in just nine months. We are increasing all of our financial guidance for 2021 and expect to add more than 1.1 million net new self-pay SiriusXM subscribers this year, making 2021 our best for self-pay subscriber growth since 2018. During the quarter, we saw continued low monthly churn and outstanding ARPU performance in the SiriusXM business, and we are also making important progress driving advertising growth at Pandora.”

Nielsen Revenue Increases 5.5% in Q3 of 2021. Reporting its financial data for the third quarter of 2021, Nielsen Holdings Plc says revenue increased 5.5% to $882 million on a reported basis. Net income from continuing operations attributable to Nielsen shareholders increased 18.2% to $117 million, compared to $99 million in the third quarter of 2020. Nielsen CEO David Kenny comments, “We are pleased with our strong third quarter results, building on our track record of execution and demonstrating continued progress on our strategic growth plan. In Audience Measurement, clients see the value in our enhanced and expanded products, and it is driving strong performance across national media and digital-first clients. In Outcomes and Content, growth was driven, in part, by improving trends post-COVID, and we are continuing to build on our global leadership position. Our updated guidance today reflects our strong performance year to date and confidence in our ability to deliver on our objectives.”

iHeartMedia Executive Tony Coles Joins Board of Big Brothers Big Sisters of America. Radio executive Tony Coles is joining the board of directors for Big Brothers Big Sisters of America. The press release says Coles – who serves iHeartMedia as division president of Metro Markets and president of Black Information Network – brings “expertise in media and a passion for mentorship, especially in reaching communities of color, to BBBSA to increase equity and make a lasting impact on the lives of young people.” He most recently worked with BBBSA in securing music artists Blanco Brown and Parmalee as special guests for the organization’s virtual national conference, to bring awareness about the need for more mentors. Coles says, “When I think about the impact mentors have played in my life, I am grateful for those who poured into me and encouraged me to achieve the goals I set for myself — personally and professionally. I am excited to join a powerful board of committed individuals who are focused on making sure the next generation is equipped and prepared for life.”

WBT-AM/FM, Charlotte Wraps Up ‘Talktoberfest.’ The second annual “WBT Talktoberfest” wrapped up last night (10/28) at Radio One’s “News Talk 1110 & 99.3 WBT” in Charlotte. WBT program director Mike Schaefer says this year’s “Talktoberfest” expanded on the 2020 event in which WBT host and former Governor Pat McCrory chatted virtually with Key Networks syndicated talk icon Bill O’Reilly. This year, each Thursday in “Talktober” two of WBT’s personalities met virtually for an hour or so with listeners in a fun “ask us anything” forum on the station’s Facebook Live, Twitter and YouTube platforms. The first episode brought together morning drive host Bo Thompson and the newest member of the team, 12:00 noon – 3:00 pm host Pete Kaliner, discussing everything from their local roots to Pete’s return to WBT to host in the daypart formerly held by Rush Limbaugh, to pizza. The second edition was more news focused as WBT news reporters Mark Garrison and “Breaking” Brett Jensen broke down the biggest local news stories in Charlotte and North Carolina. Week three featured late morning and afternoon drive hosts Vince Coakley and Brett Winterble with a discussion that leaned heavily towards national politics, with discussions of Vince’s previous run for Congress and Brett’s time as a member of the Rush Limbaugh show team. The “Talktoberfest” finale featured an extended version of the station’s twice-daily “AM/PM” discussions with Bo Thompson and Brett Winterble.  Schaefer says, “WBT’s Talktoberfest 2021 was a fun, unpredictable series driven largely by the participation of our loyal listeners! We’re excited to see how the event will evolve in 2022!”

Nielsen and SCBA: The Power of Impressions for the Radio Industry. A recent study by Nielsen – commissioned by the Southern California Broadcasters Association – shows the power of impressions-based buying for the radio industry, according to the SCBA. The study reveals that agencies are increasingly using impressions to evaluate media, and the usefulness of impressions to evaluate radio and digital using a common metric. According to the study, the benefits of impressions-based buying (how many times an ad was heard) offers increased granularity over ratings (how many people were listening during a given time period) and adds value to more dayparts and easier comparison across markets. It also gives audio and digital platforms the ability to capture all of their audiences no matter where content is consumed.  Additionally, the study showed that impressions also provide a brand safe environment for advertisers looking for premium impressions at the local level. Other highlights include: 1) The shift to buying on impressions is accelerating. In fact, 54% of agency professionals are now buying on impressions; 2) Buying on CPM levels the playing field, where supply and demand determine pricing rather than market size; and 3) The line between radio and digital is starting to blur, and impressions are key to evaluating radio station app and website audiences. SCBA president Miles Sexton says, “The importance of combining radio and digital advertising effectively cannot be overstated, and impressions are clearly where the industry is headed. As radio continues to evolve within the digital ecosystem, the building blocks of a successful cross-platform campaign will include impressions.” See more here.

Radio Hall of Fame Inducts Class of 2021. The 2021 Radio Hall of Fame inductees were honored at last night’s ceremony held at Chicago’s Wintrust Grand Banking Hall. Eight radio professionals were inducted, including talk personalities Kim Komando (pictured here with Radio Hall of Fame chairman Kraig T. Kitchin) and sports talk host Dan Patrick. Additionally, 33 late broadcasters were inducted as part of the Legends Class of 2021 that included: Dr. Joy Browne, Barry Gray, and Dr. Toni Grant. Last night’s program was hosted by Jonathon Brandmeier with Hall of Famer Jim Bohannon also doing announcing duties throughout the show. Photo: David Kindler Photography.

Federal Budget Negotiations Top News/Talk Story for Week of October 25 – 29. The negotiations over President Joe Biden’s infrastructure and social spending bills was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was the state of the U.S. economy, the supply chain disruption, inflation, and labor issues. Following at #3 was COVID-19 vaccines, masks & mandates, and the politics and school board issues surrounding the pandemic. The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio and is the result on ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Saturday, October 30 Marks the 83rd Anniversary of Historic ‘War of the Worlds’ Radio Broadcast. With concerns over so-called fake news, “deepfakes,” and algorithm manipulation in the zeitgeist, this Saturday (10/30) marks the anniversary of the original “deepfake of 1938,” when more than eight decades ago, “War of The Worlds,” Orson Wells’ radio drama about an alien invasion theatrically presented as “breaking news,” reportedly scared the daylights out of the nation (and many claim that even the level of hyperbole surrounding those reports were fake news about fake news). The story about this event is extremely well-covered in today’s (10/28) posting of the premiere episode of Season 2 of the hit podcast series, “We Interrupt This Broadcast.” ATTENTION PROGRAMMERS: this is a great, last minute Halloween radio special in a bottle. The show’s producers are offering news/talk radio stations and broadcasters who read TALKERS free access to the podcast and use of any or all of its production elements to tie in with the event’s connection to Halloween. Here is a link to the “War of The Worlds” episode: The War of The Worlds: The Original Deep Fake of 1938. For more information or to arrange an interview, contact the podcast’s producer Joe Garner at jgarner@garnercreative.com or 818-439-6771.