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

Tag: "financial data"

Friday, March 5, 2021

| March 5, 2021

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, “Shots in the Arm,” looks back at this past week of March 1-5, 2021.  The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS magazine; Dr. Daliah Wachs, talk show host, Genesis Communications Network/medical physician; Brett Winterble, talk show host, WBT, Charlotte; Andy Caldwell, talk show host, K-NEWS, San Luis Obispo; Mark Belling, talk show host, WISN, Milwaukee; Dan Mandis, talk show host, WTN, Nashville; and Victoria Jones, executive director, DC Radio Company. 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 (“Freedom 93.7”), Denver; KFNX, Phoenix; 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 (“Connect FM”), DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; WIZM-AM/FM, La Crosse, WI; WMVA, Martinsville, VA; WSAN, Allentown, PA;  KDSK, Albuquerque;  WLTM-FM, Erie, PA; 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.

Salem Media Group Q4 2020 Net Revenue Flat; Full Year Revenue Declines 7.2%. Reporting its financial data for the fourth quarter of 2020 and the full year, Salem Media Group performs well compared to some of the other media companies that have released their financial data. Fourth quarter net revenue was $64.5 million – down just 0.2% over the same period in 2019. Full year net revenue was $236.2 million – a decline of 7.2% from 2019. Salem reports in segments and although the broadcast segment’s net revenue was down 4.8% on revenue of $48.1 million, its digital segment was up 13.5% on revenue of $11.2 million. For the full year of 2020, the broadcast segment’s net revenue was down 8.1% on revenue of $178.1 million and the digital segment’s net revenue was up 1% on revenue of $39.6 million. Salem reports a fourth quarter loss of $3.3 million compared to the $4.5 million loss it posted in 2019. For the full year the company’s reported loss was $54 million, up from the loss of $27.8 million it reported for 2019.

WFAN’s ‘Carton & Roberts’ to Be Simulcast on SNY. The WFAN, New York afternoon drive show “Carton & Roberts” – co-hosted by Craig Carton and Evan Roberts – will be simulcast on cable TV via SNY, beginning in May. The show airs on Entercom’s WFAN from 2:00 pm to 7:00 pm daily and SNY will simulcast the show from 4:00 pm to 6:00 pm. Entercom New York SVP and market manager Chris Oliviero says, “‘Carton & Roberts’ has quickly connected with audiences by providing a unique daily sports conversation experience. WFAN has a long and storied history of bringing sports radio to life visually and we’re honored to join with SNY to expand Craig and Evan’s reach onto more screens, more devices and, of course, still in your car.” SNY president Steve Raab adds, “We are excited to partner with WFAN to bring ‘Carton and Roberts’ to SNY. Craig and Evan are engaging, insightful and know their New York sports. The addition of this simulcast not only enhances our daily television line up, but it elevates New York sports news and entertainment programming for a very passionate fan base.”

New Rich Eisen Podcast Launches Via Westwood One. Sports media personality Rich Eisen’s new podcast, “Just Getting Started with Rich Eisen,” is launching via Cumulus Media’s Westwood One Podcast Network. Eisen’s new podcast features interviews with the biggest names from news, entertainment, sports, and pop culture, who discuss their career origins and mines their stories on how they got started in a format where audiences can be inspired by their endeavors. The first guest is actor Matthew McConaughey, with Daymond John, Soledad O’Brien, and Gary Vaynerchuk sitting down with Eisen in upcoming weeks. “Just Getting Started” is Eisen’s first step into the world of personal fulfillment podcasting and the first original podcast produced in a partnership between Rich Eisen and Westwood One Podcast Network announced in December. In the partnership, Westwood One monetizes, markets, and distributes all Eisen’s existing and forthcoming podcasts.

TALKERS News Notes. The nationally syndicated “BOB & TOM Show” is commemorating International Women’s Day on Monday (3/8) in a special showcase called, “Ladies That Make Us Laugh.” The program will feature the women of The BOB & TOM Show, in addition to some of the show’s favorite female guests. Kristi Lee, BOB & Tom Show news director, will be joined live by BOB & TOM “relationship expert,” comedienne Alli Breen and guest comedienne Nikki Glaser. Also joining the show Monday will be BOB & TOM regulars, correspondents Jessica Alsman and Jess Hooker. All morning, the program will feature past guest appearances from female comedians, including Maria Bamford, Rene Hicks, Miss Pat, and Amy Schumer. Show host Tom Griswold says, “Some of the funniest moments on our show have come from our many female guests. It’ll be fun hearing those highlights Monday morning. Also, we’ve been so fortunate to have Kristi Lee as a part of the show for over 35 years. Kristi is a savvy broadcaster who is open and honest about her life, and very funny. We will add to the mix, show staff members Jessica Alsman and Jess Hooker, along with comedienne Alli Breen… we feel the distaff portion of our show is well-represented.”…..To honor International Women’s Day the popular true crime podcast, “Forgotten: Women of Juáre‪z,” is being released simultaneously and globally in three new languages – believed to be a world first in the podcasting business. The translation into Spanish, German, and Danish allows “Forgotten” to shed more light on the hundreds of Mexican women who have been abducted in the world’s most dangerous city, and on the misogyny and systemic sexual femicide in Mexico and around the world. This is the first in a planned pipeline of locally adapted content initiated by iHeartMedia and Podimo to expand the reach of powerful stories to bigger and more relevant audiences…..GBH News in Boston is marking the one-year anniversary of the pandemic by presenting “A Year Apart: How COVID Changed Us,” featuring a full day of special programming across radio, television, digital and social media platforms on Wednesday, March 10. GBH general manager of news Pam Johnston says, “We’re inviting our audience to join our journalists in reflecting on what we’ve learned and experienced during this historic year. We aim to rise above the intensity of the daily news cycle and consider where we are now, what we have lived through, and what is yet to come as it relates to COVID-19.”

COVID-19 Vaccines, Variants and Stats Top News/Talk Story for Week of March 1-5. The rollout of vaccines, concerns about variants, and the latest COVID stats combined as 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 tied with the nation’s education crisis. Coming in at #3 was a tie between the allegations of sexual harassment against New York Governor Andrew Cuomo and the #MeToo movement. The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Friday, February 26, 2021

| February 26, 2021

NOW POSTED:  This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted. This new episode titled, “Feeding an Environment of Fear,” looks back at this past week of February 22-26, 2021. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS magazine; Gary Sutton, talk show host, WSBA, York, PA; Dr. Daliah Wachs, talk show host, Genesis Communications Network / medical physician; Dr. Renee Kohanski, podcaster, Clinical Correlation, Medscape‘s MDEdge Psychcast / forensic psychiatrist; Rush Limbaugh, late talk radio icon; and Richard Neer, talk show host, WFAN, New York. 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 (“Freedom 93.7”), Denver; KFNX, Phoenix; 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, MD; WCHM, Clarkesville, GA;  WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; WIZM-AM/FM, La Crosse, WI; WMVA, Martinsville, VA; 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.

iHeartMedia 2020 Q4 Revenue Down 8.8%; Full Year Revenue Declines 20%. Reporting its financial data for the fourth quarter and for the full year of 2020, iHeartMedia fares a little better than its two major competitors (based on the number of radio stations owned) Cumulus Media and Entercom Communications. Fourth quarter revenue was $935.5 million, a decline of 8.8% from the same period in 2019. For the full year, revenue was $2.9 billion, down 20% from the full year 2019. Although the company reports net income of $2.9 million in Q4 2020, that’s down 95% from the $62.1 million net income reported in Q4 of 2019. For the full year 2020, iHeartMedia reports a net loss of $1.9 billion. It reported net income of $11.2 billion in 2019. iHeartMedia says that strong sequential improvement is continuing since the height of the pandemic in the spring of 2020. It also reports that digital revenue increased 26% year-over-year, including a 91% increase in podcasting revenue. Company chairman and CEO Bob Pittman says, “We are pleased that the company continues its steady recovery from the COVID-19 downturn – and it’s particularly rewarding to see the impressive performance from our areas of strategic investment, like podcasting, SmartAudio, digital, and Ad Tech. In addition, with our new reportable segments, we will be able to provide additional insights into both our largest segment and our fastest-growing segment, and help highlight the key metrics and impressive performance of each.” iHeartMedia COO and CFO Rich Bressler adds, “Our swift response to the COVID pandemic and our diligent management of expenses throughout the year enabled us to successfully achieve approximately $250 million of savings in 2020. This cost management enhanced our operating leverage and helped us to achieve adjusted EBITDA of $265 million in the fourth quarter, which was an improvement of 64% over the third quarter. The continued sequential improvement of our revenue, adjusted EBITDA and free cash flow over the past three quarters has us well positioned for continued recovery into 2021, and our commitment to make the majority of the $200 million of COVID-19 related savings permanent will further enhance the company’s operating leverage as revenue recovers.”

iHeartMedia Unveils New Business Operating Structure. Saying that this new structure reflects the “increasing size and importance” of its digital businesses, iHeartMedia announces that its two divisions – the Digital Audio Group and the Multiplatform Group – will publicly report their financial data separately and will have dedicated management. The iHeartMedia Digital Audio Group includes the iHeartRadio digital service and its podcasting business while the iHeartMedia Multiplatform Group includes its broadcast radio assets. The company says that as of the fourth quarter of 2020, the Digital Audio Group encompassed almost 20% of the company’s consolidated revenue and 23% of its earnings, and during that quarter grew revenue by 53% year-over-year and Adjusted EBITDA by 74% year-over-year. The company expects the Digital Audio Group will continue to grow as an increasing proportion of its business in the future. It adds that separate reporting of these two operating segments will provide “improved visibility into the underlying performances, results and margin profiles of these distinct audio-driven businesses.” Here’s how it breaks down: The iHeartMedia Digital Audio Group includes the podcasting business; the iHeartRadio digital service; the company’s digital sites, newsletters, digital services and programs; and its digital advertising technology companies, including Jelli, RadioJarUnified and Voxnest, and will also include the recently-announced Triton Digital upon completion of the acquisition. Leading the division will be Conal Byrne as CEO and Darren Davis as COO, with Carter Brokaw serving as the president of digital revenue and Jessica Jerrick as EVP of digital distribution and platform partnerships. Meanwhile, iHeartMedia Multiplatform Group – representing almost 75% of the company’s revenue – includes the 860-plus radio stations in 160 markets; the company’s live and virtual events business; and its national sales organization (which will use iHeartMedia’s full array of products, from broadcast radio and events to its SmartAudio suite of data targeting and attribution products, which allows informed digital-like planning against targeted audiences with the benefit of broadcast scale and impact, as well as using all of the products from the iHeartMedia Digital Audio Group). Premiere Networks, which includes the Total Traffic and Weather Network; and BIN: Black Information Network, will also join this group. Leading the iHeartMedia Multiplatform Group will be Greg Ashlock as CEO and Tim Castelli as chief revenue officer.  Julie Talbott joins this group as president of Premiere Networks; Hartley Adkins becomes president of the Markets Group; Jeff Howard remains president of national sales and Tony Coles as president of BIN: Black Information Network. Bob Pittman says, “These new reportable segments will enable us to strengthen the mission and tighten the focus of both the iHeart Digital Audio Group and the iHeart Multiplatform Group, while accelerating our ability to deliver industry-leading products and services to our listeners and advertising partners across all of our platforms. Creating these two business reportable segments will allow us to provide the investment community with increased visibility into the financial results of each segment – enabling them to better appreciate the strong growth and success of our digital businesses, including our industry-leading podcast business, as well as the continued strength of our broadcast radio and marquee events businesses.”

Entercom Announces New Programming Leadership Structure. This enhancement of Entercom’s programming leadership structure for its central programming team leaves Pat Paxton in his current position as chief programming officer. He says, “This enhanced leadership team will supplement our premium content offering throughout our portfolio and ensure we have the premier collection of personalities engaging deeply with our audiences nationwide. It will also allow us to best integrate the innovation of new products and content so we are continuously growing the impact and reach of our offering and super serving our 170 million listeners each month.” In this new structure EVP of programming Jeff Sottolano continues to manage Entercom’s sports, all-news, and news/talk brands. He is also being charged with growing Entercom’s content insights and analytics capabilities and overseeing its network and syndicated content development. Dave Richards joins the central programming leadership team as senior vice president of programming, rising from his SVP of programming of KISW, Seattle for the last 19 years and having developed programs like “The Men’s Room” and concepts like KISW’s annual “Live Day.” In his new role, Richards will be responsible for original content ideation, talent development, and coaching. He’ll spearhead Entercom’s efforts to support its expanding business portfolio, which includes RADIO.COM, Cadence13, and Pineapple Street Studios, through the generation of cross-platform content. Michael Martin continues to serve as SVP of programming and music initiatives and oversees Entercom’s relationships with artists, management, and record labels and lead its efforts to collaborate with the artist community on event, digital, and social opportunities. The company also announces the following members of its executive committee, who will collaborate to develop and oversee programming strategy across the company: Pat Paxton; Jeff Sottolano; Michael Martin; Dave Richards; Pam Russo, SVP and general manager, RADIO.COM; Bill Smee, VP of news; Matt Volk, VP of sports; Nikki Nite, VP of programming and brand manager, Entercom Austin; and Reggie Rouse, urban format captain, Entercom, and brand manager, Entercom Atlanta.

Round Three of January 2021 PPM Data Released. The third of four rounds of ratings information from Nielsen Audio’s PPM survey has been released for 12 markets including: Portland, Charlotte, San Antonio, Sacramento, Pittsburgh, Salt Lake City, Las Vegas, Orlando, Cincinnati, Cleveland, Kansas City, and Columbus. The January 2021 survey covered January 7 – February 3. TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this round of markets. Alpha Media’s news/talk KXL-FM, Portland jumps from the #6 rank to #3 on the strength of 1.4 share increase that helped it finish the January survey with a 6.2 share. Urban One’s news/talk WBT-AM/FM, Charlotte tacks on 1.6 shares for a 6.6 share finish and a jump from #5 to #3. iHeartMedia’s news/talk KFBK, Sacramento regains the #1 rank after adding 2.4 share to wrap the survey with a 10.2 share. In Salt Lake City, iHeartMedia’s news/talk KNRS-FM also claims the #1 rank after adding 1.9 shares to post a 7.9 share. See Mike Kinosian’s complete report for this round or markets (as well as his Takeaways from the first two rounds) here.

TALKERS News Notes. As reported by Chicago media writer Robert Feder, WGN-AM, Chicago is honoring the memory of former morning drive host Bob Collins, who would have been 79 on Sunday (2/28). Collins died in a small plane collision in 2000. On today’s Bob Sirott morning show, staffers WGN toasted Collins this morning (2/26) at 7:48 and, according to tradition, poured from the bottle of Jack Daniel’s found in Collins’s office. Also on the air with Sirott today were retired WGN morning host Spike O’Dell (who succeeded Collins) and retired agribusiness reporter Orion Samuelson.…..The nationally syndicated “Dan Bongino Show” hits the 100 affiliate station mark a year after its launch. Cumulus Media’s Westwood One says that – in addition to being heard on stations like KABC-AM, Los Angeles; KSFO-AM, San Francisco; and KSEV-AM, Houston – from the November election through February 22, the Dan Bongino Show podcast “boasted more than 51 million downloads on Apple, Spotify and other major platforms, rising 27% during that period.” Bongino says, “Growing up a fan of conservative talk radio makes this moment extra special for me. To be able to reach people across the country with a strong pro-liberty, pro-freedom message is the honor of a lifetime. Special thanks as well to the affiliates partnering with us in this venture.”…..A new sports radio imaging service called Game Plan is being offered to stations from SPLAT! and is syndicated by Sun Broadcast Group. SPLAT! says GAME PLAN is “a new kind of sports radio imaging service, designed specifically to sharpen the competitive edge of local stations, while simultaneously complementing the power of network sports brands. With GAME PLAN, a local station’s imaging sounds just as bold and powerful as their network imaging, maybe even better.”…..Entercom and Major League Baseball’s Pittsburgh Pirates announce a multiyear radio broadcast contract extension for sports talk KDKA-FM “93.7 The Fan” to continue to serve as the Pirates’ flagship radio station. Under the terms of the new deal, all Pirates weekday afternoon games will air on “93.7 The Fan” and sister news/talk KDKA-AM/W261AX.

COVID-19 Stats, Vaccines and Variants Top News/Talk Story for Week of February 22-26, 2021. The falling number of COVID-19 cases in the U.S., the rollout of vaccines and the concern about variants creating another wave of cases combined as the most-talked-about story on news/talk radio this week and landing atop the Talkers TenTM. At #2 this week was the state of the U.S. economy tied with the education crisis. Following at #3 was the confirmation hearings for Joe Biden’s nominees for attorney general, interior secretary, and White House budget office, tied with Donald Trump’s planned speech at CPAC on Sunday. The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Friday, August 7, 2020

| August 7, 2020

NOW POSTED:  This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.”   The latest installment of the vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted on the website of its flagship station, WONK-FM in Washington, DC.  This new episode titled “Each Passing Tik of the Clok!” looks back at this past week of August 3-7, 2020.  The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERSMike Gallagher, talk show host, Salem Radio NetworkPat McCrory, talk show host, WBT, Charlotte / former Governor of North Carolina; Howard Monroe, talk show host / station owner, WVLY, Wheeling, WV; Levi Browde, executive director, Falun Dafa Information Center; and Victoria Jones, executive director, DC Radio Company. This acclaimed news/talk radio show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WRKO, Boston; WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; 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; WCHM, Clarkesville, GA;  WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; the Virginia Talk Radio NetworkPioneer Valley Radio in 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.

Salem Media Group Q2 Revenue Down 18.3%. Reporting its financial data for the second quarter of 2020, Salem Media Group says revenue for the quarter was $52.9 million, a decrease of 18.3% compared to the same period in 2019. Operating expenses decreased 9% during the quarter to $53.8 million from $59.1 million. After posting operating income of $5.6 million in Q2 of 2019, Salem reports an operating loss of $0.9 million. Breaking down the report by segment, net broadcast revenue decreased 19.6% to $39.5 million from $49.1 million; Station Operating Income (“SOI”) decreased 43.9% to $6.4 million from $11.4 million; and Same Station net broadcast revenue decreased 17.4% to $38.7 million from $46.9 million; and Same Station SOI decreased 43.9% to $6.5 million from $11.6 million. Salem’s digital media revenue decreased 5.2% to $9.4 million from $10.0 million; and digital media operating income decreased 22.6% to $1.8 million from $2.3 million. Publishing revenue was down 29.8% to $4 million from $5.6 million; and publishing operating loss increased to $1.6 million from $0.1 million.

Entercom’s Q2 2020 Revenue Decreases 54%. The second quarter 2020 financial report from Entercom reveals net revenue was $175.9 million, a decrease of 54% from the $380.7 million reported in Q2 of 2019. Spot revenue declined 65% on a year-over-year basis while digital revenue rose 19%. Entercom reports that reflecting its cost management initiatives implemented to address the pandemic and lower levels of advertising spending, station expenses for the quarter declined 32% to $188.9 million, compared to $277.9 million in the second quarter of 2019 while corporate expenses for the quarter declined 45% to $8.4 million, compared to $15.2 million in the second quarter of 2019. The company reported operating income of $64.8 million in Q2 of 2019, but this year reported an operating loss of $45.3 million (that included a non-cash impairment charge of $4.2 million). Adjusted EBITDA for the quarter was a loss of $20 million, compared to income of $87.6 million in the second quarter of 2019. Entercom president and CEO David J. Field says, “While Entercom generated significant revenue and EBITDA growth prior to the pandemic, second quarter results reflect the impact of the national economic challenges that quickly emerged as many advertisers closed businesses and significantly reduced their ad spend. Given our national leadership position in sports, second quarter top-line results were also significantly impacted by the cancellation of virtually all scheduled sporting events during the quarter. Excluding the impact of cancelled sports play-by-play, second quarter revenues declined 47%. However, after bottoming out in April, we have achieved significant sequential improvement every month through the summer with third quarter business on books already 30% greater than where the second quarter finished. The pandemic challenges accelerated our on-going transformation initiatives with a heightened focus on enhancing our business model, accelerating our growth opportunities, more fully integrating our powerful product offerings, and improving our service to both listeners and customers. In this regard, we implemented a range of company-wide initiatives, which lowered second quarter total cash operating expense by approximately $97 million, which exceeded our budget. In addition, we secured our strong liquidity position through an amendment to our credit facility and ended the second quarter with $208 million of cash, up from $189 million at the end of March. Looking ahead, as the country’s #1 creator of original, premium audio content with robust data, analytics and attribution capabilities, scaled audience reach and a leadership position in virtually every segment of the dynamic and growing audio market, including broadcasting, podcasting, digital, events, network, sports and news, Entercom is strategically well-positioned for future growth and performance. Improving revenue trends combined with enhancements to our business model and active management of our balance sheet will enable Entercom to emerge as an even stronger company and build meaningful shareholder value. I want to thank our team for their resilience, dedication, and exceptional work as they have gone above and beyond to serve our listeners, advertisers and communities under the most challenging of circumstances over the past several months.”

Round Four of July PPMs Released. The fourth and final round of ratings data from Nielsen Audio’s July 2020 PPM survey has been released for 12 markets including: Austin, Raleigh, Indianapolis, Milwaukee, Nashville, Providence, Norfolk, Jacksonville, West Palm Beach, Greensboro, Memphis, and Hartford. Nielsen’s July 2020 survey period covered June 18 – July 15. You can see all the 6+ data from subscribing stations here. Meanwhile, TALKERS managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In Austin, Waterloo Media Group’s news/talk KLBJ-AM tacks on two-tenths for a 5.7 share and the #3 rank in the market. iHeartMedia’s news/talk WTKK-FM, Raleigh rises from the #6 rank to #3 after adding six-tenths and finishing the survey with a 6.8 share. Emmis Communications’ news/talk WIBC-FM, Indianapolis inches up one-tenth to a 7.5 share, good for the #4 rank. In Milwaukee, Good Karma Brands’ news/talk WTMJ holds steady at a 5.5 share but rises one spot to the #5 rank while iHeartMedia’s news/talk WISN dips four-tenths to a 6.8 share and the #4 rank. Cumulus Media’s WWTN-FM, Nashville adds two-tenths to wrap the survey with a 4.8 share good for the #9 rank. In Jacksonville, Cox Media Group’s WOKV-FM continues in the #2 rank after dipping four-tenths and finishing with a 9.5 share. See Mike Kinosian’s complete Ratings Takeaways report here.

NAB’s Gordon Smith Averted Stroke. The report of NAB CEO Gordon Smith’s stroke yesterday (8/6) was premature, according to Smith himself. He issued a public statement that clarifies the original press release from the NAB and thanks people for the outpouring of support he’s received. He says, “Your prayers and kind words have meant the world to me and my family. I am delighted to tell you that after a very extensive MRI last night it was discovered that I did have a blood clot, but thanks to the quick medical intervention I received, an actual stroke was averted.”

Cumulus Media Announces New Employment Agreement with Exec Suzanne Grimes. A new employment agreement between Cumulus Media and Suzanne Grimes has been filed with the SEC. Grimes will continue to serve as executive vice president of corporate marketing for Cumulus and president of Westwood One. The pact runs through December 2022 and includes provisions for automatic one-year extensions. Grimes’ base salary is $650,000 and she’s eligible for performance-based bonuses.

Shaffer Adds APD Duties at ‘104.5 The Zone’ in Nashville. WGFX-FM, Nashville
“104.5 The Zone” morning show producer Jonathan Shaffer adds assistant program director duties to his responsibilities. Cumulus Media says the 14-year Nashville radio pro will continue in his role as morning show producer for the sports talk station. Station PD Paul Mason says, “Jonathan has demonstrated that he is ready for this challenge. He’s earned this opportunity and I look forward to working with him as we move forward toward reaching our goals at ‘104.5 The Zone.’” Shaffer comments, “I am proud and honored to be part of such a talented, committed team at ‘104.5 The Zone’. I am very excited about this opportunity and am looking forward to contributing to The Zone’s continued success.”

iHeartMedia Names Tias Schuster SVP of Programming for West New York. Programming pro Tias Schuster moves from iHeartMedia’s Norfolk, Virginia operations where he was SVP of programming and PD for two of its music brands, to West New York to serve as SVP of programming for Rochester, Syracuse and Binghamton. In this new role, Schuster will oversee more than 19 stations in the Rochester, Syracuse, and Binghamton markets. He’ll report to iHeartMedia West New York president Robert Morgan. Schuster says, “It is great to be back with my iHeartRadio family in Upstate New York. I’m honored to work alongside the legendary personalities and management in these markets! I want to give a special thanks to iHeartMedia for the opportunity.”

WIP, Philadelphia’s Howard Eskin ‘Walks to Tampa’ for Charity. Philadelphia sports media figure Howard Eskin is almost three-quarters of the way to Tampa (figuratively speaking) as he continues his PDQ Signature Systems-sponsored, two-month charitable effort. “Howard Walks to Tampa” has the “SportsRadio 94WIP” air personality walking the virtual 1,103-mile distance between the Philadelphia Eagles’ home base of Lincoln Financial Field and Raymond James Stadium in Tampa, the location of Super Bowl LV, to raise money for fighting local hunger and animal welfare. Money raised from Eskin’s daily walks, which will run through September 13 prior to the start of the Eagles 2020 season, will benefit Philabundance, Delaware Valley’s largest hunger relief organization, and the Brandywine Valley SPCA, a nationally recognized leader in progressive and lifesaving initiatives in animal welfare. Eskin says, “It’s been a tough time in our country due to the COVID-19 pandemic. Without any games or practices to attend, I needed an escape. So, I started walking. It’s been great for my physical and mental health and raising money for two great charities like Philabundance and Brandywine Valley SPCA makes it even better.” To date, Eskin has walked 736 miles with only 367 miles to go before September 13 and has raised more than $10,000 for Philabundance and Brandywine Valley SPCA.

TALKERS News Notes. There’s a documentary about the rise and fall of former WFAN, New York sports talk personality Craig Carton set to be released on October 7 from HBO Sports and StreetSmartVideo titled, “Wild Card: The Downfall of a Radio Loudmouth.” According to a story in the Rockland/Westchester Journal, the film will include Carton talking about his story in his own words. Carton was released early from his three-and-a-half-year prison sentence for fraud in June and is finishing his sentence in home confinement. HBO Sports VP Peter Nelson says, “Craig Carton’s radio persona gained him a public following, while his private struggles lost him everything one casino run at a time. Many knew Carton, but never knew his secrets, as we learn from Carton himself in this documentary about success, self-destruction, lies and blackjack.”…..According to a report in Dmagazine, a documentary film about the life and career of Dallas sports talk radio legend Mike Rhyner is being produced. Dallas media pro Crystal Vasquez – who met the now-retired KTCK-AM/FM, Dallas personality while filling in as a traffic reporter on Rhyner’s “The Hardline” program – is heading up the documentary project. Vasquez tells Dmagazine, “It’s not a documentary on ‘The Ticket.’ That’s his identity to a certain extent, but it’s a story about Mike’s life.”…..The “Bubba the Love Sponge” program adds a new affiliate station in 1TV.Com Inc.’s classic rock KBSZ-AM/K247CF, Apache Junction, Arizona “97.3 The Rattler.”…..Entercom’s all-news 1010 WINS, New York is inviting listeners to a wedding on Sunday! The station reports, “Ashley Isaacs, who works at New York-Presbyterian Hospital, and her fiancé Israel Reches (both pictured at left) will reunite for the first time in months at their own wedding after spending time apart due to the pandemic and Reches’ health. As Isaacs was working to save patients with COVID-19 this past spring, Reches was battling stage 4 Hodgkin’s lymphoma, forcing the couple to separate. With Reches in remission just in time for the big day, the two are set to marry on Sunday, August 9 in a small backyard ceremony, and 1010 WINS listeners are ‘invited’ to the festivities. The station will be onsite the day of the wedding, airing audio of the ceremony on air and streaming it in its entirety via Facebook Live.”

WWJ News Radio 950 in Detroit Starts ‘Breaking Down the Barriers’ Initiative. Detroit all-news WWJ “News Radio 950” unveils its two-part community programming initiative called “Breaking Down the Barriers” dedicated to celebrating the diversity of the city and its surrounding suburbs. The initiative includes two segments, “Voices of the Community” and “Black Business Minute,” both beginning August 10. “Voices of the Community” is hosted by WWJ traffic operations manager Lloyd Jackson and will profile community leaders, activists, and residents who are making a difference in their neighborhoods and throughout Detroit. “Black Business Minute” is hosted by WWJ city beat reporter Vickie Thomas and highlights local businesses in which Black business owners will discuss their companies, including the effects of the COVID-19 pandemic and how they are contributing to the success of Detroit. It will air five times daily each weekday. Entercom Detroit SVP and market manager Debbie Kenyon says, “The diverse citizens of Detroit are an integral part of the fabric of this great city and we’re proud to use our platform to champion their stories. There are countless cases of business owners and leaders helping residents get through this crisis, and we look forward to employing this series as another way to shine the spotlight on them.”

95.5 WSB ‘Care-a-Thon’ Raises $1.5 Million for Aflac Cancer and Blood Disorders Center. This year’s 95.5 WSB Care-a-Thon two-day radio event was the 20th annual produced by the Cox Media Group news/talk station and helped raise more than $1.5 million for research and programs at the Aflac Cancer and Blood Disorders Center of Children’s Healthcare of Atlanta. This year, due to COVID-19, Scott Slade, Clark Howard, Eric Von Haessler, Mark Arum, Erick Erickson, Brian Kilmeade and many other local radio personalities participated in the 95.5 WSB Care-a-Thon by interviewing patients and their families virtually via video and phone calls. The team encouraged listeners to donate and purchase one-of-a-kind experiences throughout the special radio broadcast. WSB director of branding and programming Drew Anderssen says, “Our entire team is so thankful for the phenomenal support we have received from our loyal listeners who continue to give to the Care-a-Thon, and all of our community service efforts at 95.5 WSB, year after year. This year’s fundraiser is one we’ll never forget because of the incredible financial strain coronavirus presented to our community of donors. I’m tremendously proud of the teams at 95.5 WSB and Children’s Healthcare of Atlanta for their work adapting this year’s effort to become ‘virtual’ as a result of the pandemic.”

The Presidential Race, Politics and the Vote-By-Mail Debate Top News/Talk Stories for Week of August 3-7. The November presidential election, politics, and the controversy over President Trump’s allegation that voting by mail encourages voter fraud were the most-talked-about stories on news/talk radio this week, landing atop the Talkers TenTM. Tied at #2 this week was the interview with President Trump by Axios reporter Jonathan Swan and Deutsch Bank being subpoenaed by the New York Attorney General in a Trump Organization investigation. Coming in at #3 was the debate over opening schools, followed by health care, medications and the mask debate at #4. The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s entire chart here.

Music Radio News and Career Moves. Due to the ongoing COVID-19 pandemic, Beasley Media Group announces the cancellation of WKML-FM, Fayetteville, North Carolina’s 2020 Stars & Guitars concert. Beasley VP/GM Kent Dunn says, “Thank you to our amazing sponsor and fans throughout the years for supporting Stars & Guitars event. These are unprecedented times. The safety of our community, staff, and country artists is our number one priority. As a result, we have made the decision to cancel this year’s event. We’ll be back bigger and better than ever in 2021!” To help fill in the gap, WKML-FM has hosted a series of special Stars & Guitars at Home social media concert experiences with some of the top artists in country music on the station’s website as well as entertained listeners with the station’s special Superstar Mini Concert series.

Monday, March 16, 2020

| March 16, 2020

CORONAVIRUS PERSEPCTIVE:  RAB President/CEO Encourages Radio Sellers to Proactively Draw Upon Relationships with Clients and Take Leadership Role.  In an exclusive conversation conducted early this afternoon (3/16), TALKERS publisher Michael Harrison tapped into the perspective of Radio Advertising Bureau (RAB) president/CEO Erica Farber about the challenges facing radio sales during the current crisis. She tells TALKERS, “This crisis shows just how important relationships are in radio sales.”  Farber advises radio sales reps to take a proactive role in reaching out to clients before they contact the stations and enquire as to their well-being and current business practices during this time when it is no longer business as usual.  Farber also encourages stations to revamp existing production and copy not just to add new messaging but to update the tone of commercials, both live and produced, to reflect the current environment.  She points out that radio has an advantage over TV in this regard because “entire spots don’t have to be re-shot… just re-written which people can do working from home.”  To listen to the entire conversation between Harrison and Farber, please click here.

Monday Memo: Coronavirus, Mental Health Crisis. Because the pandemic story is nearer the beginning than the end, consultant Holland Cooke reckons that “‘Wash your hands’ now sounds old and condescending and remaining political talk media deniers validate a tired caricature.  At this stage, news-your-listeners-can-use most is coping advice.”  HC recommends interviewing a local mental health professional; and in this week’s column, he recommends questions and talking points.  Read it here.

Coronavirus Hits the U.S., Fed Slashes Interest Rates, Trump Flight Ban Effects, Biden-Sanders Debate, Turkish and Russian Action in Syria, and Israeli Government Among Top News/Talk Stories Over the Weekend.  The coronavirus pandemic causes states across the nation to limit social contact, closing schools and shutting down bars and restaurants; the Fed cuts interest rates to almost zero to counter the panic selling caused by the coronavirus; President Trump’s ban on flights into the U.S. from Europe and the logjam at airports as incoming international travelers require virus screenings; Sunday night’s debate between Democrats Joe Biden and Bernie Sanders; the coordinated Turkish and Russian military strikes in Syria; and Benny Gantz’s attempt to form a coalition government in Israel were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.

Townsquare Media Q4 2019 Net Revenue Up 2.9%, Full Year Up 5.7%; CEO Wilson Addresses Coronavirus.  The company reports its 2019 fourth quarter and 2019 full-year financial data and in addition to providing data for the entire company, it also breaks its data into three segments: Advertising, that includes broadcast and digital advertising products and solutions; Townsquare Interactive, the digital marketing solutions business; and Live Events, the company’s live events, including concerts, expositions and other experiential events.  For the company as a whole, Townsquare Media’s Q4 2019 net revenue was $112.1 million, up 2.9% over the same period in 2018.  For the full year of 2019, net revenue was $431.4 million, up 5.7% over all of 2018.  Looking at just the Advertising net revenue, it was $93.9 million, up 0.9% from the same period in 2018.  However, excluding political advertising from the mix, advertising net revenue was up 5.6%.  For the full year of 2019, Townsquare’s advertising net revenue was $352.8 million, up 4% over the full year of 2018.  Ex political, advertising net revenue was up 6.2% over 2018.  Townsquare CEO Bill Wilson says, “As we look forward, we are excited about the future of our company.  We believe that our talented teams, broad multi-platform marketing and advertising product suite and in particular, our robust digital solutions, led by Townsquare Interactive and Townsquare Ignite, our proprietary digital programmatic advertising platform, will continue to differentiate us in the marketplace. We are proud of our broadcast performance, but our overall financial results clearly demonstrate what I have been stating for quite some time: Townsquare has transitioned from being a traditional broadcaster to being a premier local media and digital marketing solutions company with fast growing, profitable digital products and solutions.  We continue to be heavily focused on super-serving our local clients, local listeners and local communities while helping local businesses grow through our ‘Local First’ strategy, while simultaneously delivering results for our stakeholders.  While the specific impact of the coronavirus pandemic to our business is unknown at this time, we know that there will be a negative impact.  However, we are confident and optimistic about the long-term customer demand for our multi-platform products and marketing solutions.  Our primary concern is for the safety and well-being of our employees, their families, our partners and our local communities across the country, and my thoughts and prayers go out to all who have been affected around the world.  We are constantly monitoring the evolving environment in each of our 67 local markets.  As the preeminent local media company in each of our local markets, Townsquare has the additional responsibility, obligation and civic duty to lead from the front, continue to inform accurately and provide comfort.  I could not be prouder of our Townsquare Team and how each day they are serving their listeners, their clients and their local communities during this important time.  Our future remains bright and I am confident that together we will emerge from this challenge stronger than ever before.”

Beasley Issues Statement on Company Coronavirus Policy. On Friday (3/13), Beasley Media Group issued the following public statement about its policy for doing business during the coronavirus pandemic.  Chief executive officer Caroline Beasley said, “After careful deliberation, we have taken precautionary measures that are currently being implemented across all of our markets.  The challenges we face are extraordinary, but the moment is not unique.  At our core, our company exists to serve our employees, advertisers and our communities and keep them safe and informed during times exactly like this.  Broadcasters are at our best during uncertain times.  We will continue to strive to be at our very best in the coming days, weeks and months.”  Through March 31, the company is enacting the following: Over the next two weeks, most full-time employees will be asked to telework.  While some full-time employees will be needed in the office, they will be expected to follow CDC guidelines (attached) in an effort to maintain a safe and clean work environment. In addition, the company has instituted a “no work-related travel” policy.  To limit public traffic at the radio stations, the stations will not be allowing listeners to pick up contest prize awards.  Market managers will have the discretion to make limited exception instances where prizes are time limited.  Beasley Media Group will be cancelling and/or postponing events and appearances for the next two weeks to ensure not only the safety of its employees but the communities they serve.  The company will continue to evaluate and update policies as circumstances dictate.

Adams Radio Implements Coronavirus Policy. Broadcaster Adams Radio Group is putting its coronavirus work plan into effect and is mandating that all personnel that can work from home do so starting immediately.  Adams CEO Ron Stone says, “I want to thank my general managers, engineers and others within our company for being very proactive in guiding the planning for our company.  Incredible talent always steps up when faced with a crisis and our management has done just that.  We are committed to supporting our workforce family and their families as well as the communities we serve.  The time for us to act is now.  In taking these actions, our priorities are to ensure the well-being of our work family and clients and to continue delivering the messages of our clients to help minimize as much as possible the disruption of their businesses, and ours, by providing the communities we serve with up to date information on the virus.  We have taken appropriate steps to provide our employees with the assets required to work from home without disruption to the excellent broadcast products we deliver to our listeners and communities.  Sales, programming, administrators and engineers will all be following this guidance as implemented by local management.  This policy is effective immediately and will continue until it is safe for our employees to return to normal activities.  We have not received notice that anyone employed by Adams Radio has been in contact with the virus and we are doing our part to keep it that way.”

Skyview Networks Reports 95% Ad Retention Rate in Wake of Coronavirus Pandemic. In a public release issued on Friday (3/13) in the aftermath of the NBA, NHL, MLB and other sports leagues announcing they were postponing or cancelling their games and related activities because of the COVID-19 pandemic, Skyview Networks said it “continues to serve its many sports partners during the COVID-19 pandemic.”  Skyview EVP and general manager Jeanne-Marie Condo says, “Skyview Networks has been able to retain 95% of its sports dollars.  This has been a remarkable 24 hours, at a time of caution, advertisers one after the other stood strong either building new campaigns with Skyview or choosing to keep the revenue in place for when the leagues commence.  It was a tribute to the power of on-air radio and how it delivers for advertisers.”

TALKERS News Notes. In San Diego, KOGO-AM afternoon drive personality Carl DeMaio is back on the air on the iHeartMedia news/talk outlet after losing in the Republican primary for California’s 50th Congressional District seat.  DeMaio came up short in a three-way race that was won by Carl Issa, who will face Democrat Ammar Campa-Najjar for the seat vacated by Duncan Hunter, who resigned after being convicted of misusing campaign funds. DeMaio hosts “The DeMaio Report” along with co-host and political consultant Lou Penrose…..Cox Media Group agrees to set aside its contractual retransmission dispute with DISH Network in 10 markets in order to allow the local news, as well as network content from ABC, CBS, NBC and FOX that has been blacked out by DISH since mid-January to air so citizens can get news and information about the coronavirus.  CMG’s Kim Guthrie says, “We are pleased to be able to restore these channels on DISH so that our viewers in these communities can be informed and able to make the right decisions for the safety of their families.  We appreciate DISH’s cooperation in agreeing to suspend our dispute so that we can help our viewers navigate through this uncertain time.”…..The nationally syndicated “America’s First News with Matt Ray” is added to the program schedule at iHeartMedia’s news/talk KFXR, Dallas in morning drive…..According to surveys of local radio buyers by BIA Advisory Services, if local radio could offer an over-the-air, zoned advertising product like local TV stations can, 54.6% say they would be “very interested.”  BIA and Advertiser Perceptions will present that data and more during a webinar being held on March 24 at 2:00 pm ET.  It’s titled, “Main Street Versus Madison Avenue on Geotargeted Advertising and Local Radio” and will feature BIA’s Rick Ducey and Advertiser Perceptions’ Justin Fromm, who will highlight the Main Street and Madison Avenue research.  They are joined by Kathy Doyle, EVP local investment from MAGNA Global and George Leon, chief strategy officer at Hawthorne Advertising, who will explain why they think zoned radio ads would be valuable to their clients.  You can register here.

Former, Longtime TRN Exec Greg Doyle Dies.  Family and friends are mourning the death of Greg Doyle, who died Sunday (3/15) after a long battle with liver disease.  His wife of 39 years, Lynn Finley Doyle, posted news of his passing on social media.  Doyle was a longtime executive with the Oregon-based radio syndicated firm Talk Radio Network.

Music Radio News and Career Moves. Baltimore radio personality Matt Davis joins Times-Shamrock’s classic rock WZBA “100.7 The Bay” as midday host.  Davis previously served with Hearst’s crosstown rock WIYY-FM; WXRK, New York; and WYSP, Philadelphia.  Station general manager Jefferson Ward says, “In a world of increasingly nationalized radio, being local matters more than ever. Matt has been a part of Baltimore radio for many years and is passionate about our town, music, and creating great content on all platforms.  He is the perfect fit for our team.”…..As a result of the COVID-19 pandemic, The Academy of Country Music has decided to postpone “The 55th Annual ACM Awards,” originally scheduled for April 5 at Las Vegas’ MGM Grand Arena.  The show, set to air on CBS Television, is being rescheduled for September.

Friday, February 28, 2020

| February 28, 2020

iHeartMedia Posts Flat 2019 Q4 Revenue Figure; Full Year Revenue Up 2%. The financial data for iHeartMedia is a bit complex as the result of the company exiting bankruptcy protection in May of 2019.  But revenue of $1.03 billion in the fourth quarter of 2019, while flat compared to Q4 2018, was up 4.3% excluding political ad dollars.  For the full year of 2019, revenue was $3.7 billion, up 2.0% year-over-year and up 4.2%, excluding political revenue.  The company reports that digital revenue in the fourth quarter was $112.5 million – up 33.6% from the fourth quarter of 2018.  For the full year, digital revenue was $376 million, an increase of 32.2% over the full year of 2018.  iHeartMedia COO and CFO Rich Bressler states, “Our financial performance in 2019 was underpinned by the reach and resilience of our traditional business, profitable growth in our other platforms – including our digital businesses and proactive improvement of our capital structure.  Through our innovation and thought leadership in areas like podcasting and our SmartAudio suite of targeting, analysis and attribution services for advertisers, we are at the forefront of driving the audio revolution.  We will continue to work to build long-term shareholder value by maximizing our free cash flow and de-leveraging our balance sheet.”

PPM Analysis: All-News. TALKERS magazine managing editor Mike Kinosian presents his look at the performances of radio stations based on data from Nielsen Audio’s January 2020 PPM survey, today focusing on all-news.  Coming off the Holiday 2019 survey 88% of all-news stations saw their weekly, 6+ AQH share go up.  Top performers here included Entercom’s KYW, Philadelphia (+1.4) and KCBS-AM, San Francisco (+0.7).  However, comparing January 2019 to January 2020, 70% of all-news stations were down, with Entercom’s WWJ, Detroit leading that group and absorbing a hit of -3.2 shares and dropping from the #1 rank in the market in January 2019 to #11 this year.  On the positive side, the company’s KCBS-AM, San Francisco was up 1.4 shares to post an 8.4 share and regain the #1 rank in the market.  iHeartMedia’s WBZ-AM, Boston was 0.7 shares better than the year before and rose to claim the #3 rank in January.  KCBS-AM, San Francisco was the only all-news station to rank #1 in January.  Hubbard Radio’s WTOP-FM, Washington ranked #2 in the January 2020 survey, despite falling three full shares from January 2019.  See Mike Kinosian’s entire report here.

NOW POSTED:  New Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.”   The vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted on the website of its flagship station, WONK-FM, Washington, DC.  The new episode titled “Brother, Can You Spare a Face Mask?” looks back at this past week of February 24-28, 2020 and features guests (in order of appearance): Kevin Casey, executive editor, TALKERS; Tom Sullivan; talk show host, KFBK, Sacramento/Talk Media NetworkKen Matthews, talk show host, WHP, Harrisburg, PA; Lee Abrams, consultant, MediaVisionDeborah Norville, anchor, “Inside Edition;” Steve Weisman, professor of law, Bentley University, Boston/webmaster, Scamicide.com; and Victoria Jones, executive director, DC Radio Company. This acclaimed news/talk radio show airs each week on WONK-FM, Washington, DC Friday evenings at 6:00 pm ET.  It also airs throughout the weekend on WRKO, Boston; KSCO, Santa Cruz, CA;  KFNX, Phoenix; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; the Virginia Talk Radio Network and Pioneer Valley Radio in Springfield, MA.  To listen to this week’s episode (and the program’s complete archives), please click here.  To view the latest TALKERS magazine topic research, please click here.  “The Michael Harrison Wrap” is now available in syndication via Talk Media Network to stations across America on a market exclusive basis. See the full story below.

‘The Michael Harrison Wrap’ Now Available in Syndication via Talk Media Network.  TALKERS is pleased to announce it has entered a strategic partnership with independent broadcasting firm Talk Media Network for the syndication and distribution of its weekend program, “The Michael Harrison Wrap.”  The show, hosted by Michael Harrison, was launched in May 2019 on iHeartRadio’s WONK-FM in Washington, DC where it airs Fridays at 6:00 pm.  “The Michael Harrison Wrap” is a fast-paced roundup of the hottest news/talk media stories tracked by TALKERS and is described as “a weekly overview of the national conversation.”  Each installment features Harrison in conversation with several talk media hosts, pundits and experts from around the country representing a variety of popular ideologies. The show opens with a riveting countdown of the week’s most-discussed items with TALKERS executive editor Kevin Casey.  Since its launch, several proactive radio stations around the country inquired about the show’s availability to which TALKERS complied – as best it could – on a market exclusive basis. According to Harrison, “We’re delighted that, in addition to our flagship WONK, excellent facilities such as WRKO, KSCO, WVOX, KFNX, KBDT, KQSP, KBKW, WIQO, WGMN, and the Virginia Talk Radio Network among others showed enough interest in the program during its developmental phase to request it for their rosters before it was even officially available for national distribution.”  Harrison continues, “However, we are not a syndication company, nor have any intention of becoming one, and it just became too unwieldy to service more stations efficiently, so we began looking for an appropriate network partner. Talk Media Network is a perfect fit.  TMN is moderately sized, independent, and run by one of the brightest young executives in the network business, Josh Leng.”  Leng states, “We’re honored TALKERS has entrusted the syndication and growth of ‘The Michael Harrison Wrap’ with Talk Media Network.  It is a pleasure to be working with a professional of Michael’s stature who has dedicated so much of his career to the betterment of the radio industry.”  Leng continues, “What program directors will notice immediately when they listen to ‘The Michael Harrison Wrap,’ is the amount of preparation that goes into each and every episode.  It is amazing how much compelling content is packed into one hour!  Combine that with the ‘best in the business’ talk radio hosts who contribute to Michael’s timely and topical news discussions, and you have an on-air product that features a great group of broadcasters who bring their ‘A’ game for the audience to enjoy.”  Stations interested in affiliating with “The Michael Harrison Wrap” should visit talkmedianetwork.com for more information, and can call Talk Media Network at (616) 884-8616.

TALKERS News Notes. On Super Tuesday (3/4), FOX News Radio is offering affiliates live national network coverage beginning at 7:00 pm ET anchored by national correspondent Jared Halpern, with key insights from FNR political analyst Josh Kraushaar and FNR reporters around the country.  FNR is also offering hourly “Democracy 2020” updates on Amazon’s smart speaker.  FOX News Podcasts is presenting special editions of the daily morning podcast “FOX News Rundown,” as well as new episodes of Bret Baier’s “The Campaign” and “I’ll Tell You What” with Dana Perino and Chris Stirewalt.  Additionally, FOXNews.com will carry multiple livestreams from candidate headquarters across the country…..iHeartMedia’s NBC News Radio brings talk and news radio pro Michael Castner aboard to serve as national news anchor.  Castner was most recently morning drive personality at Entercom’s news/talk KXNT, Las Vegas…..iHeartMedia announces it is presenting a new companion podcast for the three-part Hulu series “Your Attention Please” that celebrates the achievements and creativity of Black visionaries.  The “Your Attention Please” podcast is using this medium to continue the conversation past Black History Month, diving deeper into the stories that were highlighted in the show.  The first guests in the series are Jon Boogz and Lil Buck, founders of MAI (Movement Art Is).

The Coronavirus, the Stock Market, and the Economy Top News/Talk Stories for the Week of February 24-28. The status of the coronavirus epidemic, its effect on the world’s financial markets and the global economy came together to make up the most-talked-about story on news/talk radio this week and landing atop the Talkers TenTM.  At #2 this week was the presidential race and this week’s Democratic debate in Charleston, SC.  Coming in at #3 was healthcare reform, climate change, and race relations, followed by the deadly Milwaukee brewery shooting and gun control at #4.  The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine.  It is published every Friday at Talkers.com.  See this week’s entire chart here.

Happy Retirement to Pete Spriggs. Current and former Cox Media Group Atlanta staffers gathered last night (2/27) for a retirement bash for WSB-AM/WSBB-FM program director Pete Spriggs who is leaving the company after 27 years with Cox and 19 years at WSB.  Above right is a group shot that includes such guests as Cox Media Group CEO Kim Guthrie, WSB VP/market manager Rob Babin, WSB legend Neal Boortz, syndicated star Clark Howard, and Cox DC bureau reporter Jamie Dupree.  Above left is (from l-r) Spriggs, consultant and former WSB PD Greg Moceri, and incoming program director Drew Anderssen.

Music Radio News and Career Moves. A surprise move in national syndication as Ty Bentli leaves his eponymous, Westwood One morning country radio show for an unnamed gig outside of the radio biz.  For now, co-hosts Chuck Wicks and Tricia “TJ” Jenkins will handle hosting duties.  The Nashville-based show has undergone numerous changes over the past few years.  Blair Garner was the original host when it was called “America’s Morning Show.”  Then it was “Ty, Kelly, and Chuck” with Kelly Ford in the mix and, after her departure in late 2018 (she’s now hosting AMs on Entercom‘s WNSH, New York), was renamed the “Ty Bentli Show.”  TJ joined the program last spring…..A big shakeup at Entercom’s Los Angeles cluster as longtime alternative KROQ program director (and SVP of programming) Kevin Weatherly exits.  Taking over at KROQ is Mike Kaplan, who adds brand manager duties at the station in addition to his alternative format captain position and brand manager post at WNYL, New York “ALT 92.3.”  At the same time, Ralph Stewart is handed the brand manager keys for adult hits KCBS-FM “93.1 JACK FM.”  He’s been operations manager for the station in addition to his brand manager role at urban contemporary KTWV “94.7 The Wave.”  Finally, KRTH “K-Earth 101” brand manager Chris Ebbott and CHR KAMP-FM music director and afternoon host Yesi Ortiz will serve as interim programming leaders for “97.1 AMP Radio” while a national search is conducted.  Entercom regional president Jeff Federman says, “Mike’s name is synonymous with alternative music and I’m delighted to welcome him back to Los Angeles.  Along with Ralph, Chris, and Yesi, this dynamic team will usher in the future of our brands in this important music market.  I’d like to thank Kevin for his years of dedicated contributions to our premier collection of brands and our company.  He has certainly made his mark here and we wish him the absolute best in his new role.”…..Buddy Shula’s Radio One Buffalo has entered into a strategic alliance with Burlington, Ontario-based Byrnes Communications “to serve radio listeners in Buffalo and Southern Ontario.”  Shula says, “I am very excited to add ‘MORE 101.1FM’ (adult hits CFLZ, Fort Erie) and ‘105.1FM THE RIVER’ (hot AC CJED, Niagara Falls) to our radio station portfolio. ‘MORE 101.1FM’ has a very large 50,000-watt regional signal that barrels though Buffalo and Southern Ontario.  The music on the station are the ‘biggest hits from the 70s, 80s, and 90s’ which target listeners in the 35-64-year-old age group.  ‘105.1FM THE RIVER’ plays ‘Todays Best Hits.’ aiming to please women 25-54 years old… With this cluster of radio stations, it increases our potential to reach listeners of every age group and attract more advertisers who can pick and choose which station is appropriate for their advertising needs.”…..Pictured below is the new “Nikki and Laura” morning show at NRG Media’s hot AC KQKQ, Omaha “Sweet 98.5” on its first live remote at Le Peep restaurant.  From left to right are: Nikki Oswald, station program director Jay Michaels, and Laura Blenkush.