Tag: "financial markets"
The Spoken Word Audio Report. People spend less daily time listening to music and LOTS more time with spoken word content. And – for the first time – AM/FM receivers now deliver less than 50% of it. And – like e-commerce and telecommuting – this behavior shift, already in motion before the pandemic shutdown, has accelerated as we’ve quarantined. Consultant Holland Cooke summarizes the 2nd annual report from Edison Research and NPR. Read it here.
Rich Herrera to Program and Host at Cumulus Media’s KCUB-AM, Tucson. Sports radio pro Rich Herrera is named program director and afternoon drive host for Cumulus Media’s KCUB-AM, Tucson “Wildcats Radio 1290.” Herrera, who also serves as an air personality for CBS Sports Radio, returns to the University of Arizona flagship station he programmed beginning in 2001 when it launched as “FOX Sports Radio 1290.” Most recently, Herrera has been with Entercom’s KWFN, San Diego “97.3 The Fan” where he was senior executive producer and pre- and post-game shows host. Herrera will continue to host national shows on CBS Sport Radio from Cumulus Tucson studios. Herrera says, “I am excited to join Cumulus and am happy to be reunited with so many good friends and radio professionals in Tucson. The University of Arizona is one of the iconic schools in college sports and to be able to host afternoons and program their flagship is a fantastic opportunity. After working in Major League Baseball, I plan to bring many of those best practices to ‘Wildcats Radio 1290,’ on air and digitally, to build one of the best college flagship radio stations in the nation.”
Key Networks to Handle Ad Sales and Affiliate Marketing for Bloomberg Radio. A new deal between Key Networks and Bloomberg Radio will see the former managing all network advertising sales, affiliate sales, and marketing for Bloomberg’s global 24-hour business radio network, effective October 26. Bloomberg Radio’s signature “Daybreak” shows cover the morning hours of each part of the world, anchored from Bloomberg’s studios in New York, San Francisco, London, and Hong Kong. Throughout the day, Bloomberg Radio delivers in-depth coverage of the financial markets coupled with interviews with newsmakers, analysts, and company executives. In addition to its engaging full-length business shows, Bloomberg offers short-form reports ranging from “Money Minutes” to “The Business of Sports.” Key Networks CEO Rob Koblasz says, “Bloomberg is undeniably the gold standard in business news, and we are thrilled to deliver access to Bloomberg’s unmatched global business news resources to radio stations across the U.S. With 2,700 journalists and analysts in more than 120 bureaus, the quality of their network products for local radio stations is clear. We look forward to growing with Bloomberg Radio as we help grow their network.”
PPM Analysis: Sports Talk. The resumption of the MLB season, the NBA playoffs, and the promise of the new NFL season didn’t provide enough juice for America’s sports talk radio stations in the Nielsen Audio PPM markets as 47% of those outlets saw their weekly, 6+ AQH shares decline and just 35% improved during the September survey (August 13-September 9). In his second format analysis for the September survey, TALKERS magazine managing editor Mike Kinosian reports that gainers from the August to September surveys include Capital Broadcasting’s WCMC-FM, Raleigh (+1.2) and Entercom’s WSCR, Chicago (+0.7). It’s hardly surprising that comparing data from September of 2019 (pre-COVID) with September 2020 shows a major falloff for sports talkers. Year-over-year 68% of sports talk stations in PPM markets were down and just 19% improved. Gainers were led by Entercom’s KWFN, San Diego (+0.9). See Mike Kinosian’s complete report here.
TALKERS News Notes. The Radio Hall of Fame names NPR’s Noel King this year’s recipient of its “One to Watch” award. The “One to Watch” award was created in honor of radio legend and 2012 RHOF inductee Art Laboe. Each year, the RHOF nominating committee selects a promising radio personality or team who has demonstrated ratings success, audience growth, and impact on one or more radio stations and their communities. King is co-host of NPR’s “Morning Edition” and “Up First.” The RHoF says, “King’s investigative reporting has affected change through her powerful storytelling about social and criminal justice issues. As a correspondent for NPR’s ‘Planet Money,’ her work focused on economic questions that don’t have simple answers, with complex and often conflicted people at the center of these stories.”…..Tomorrow night (10/15), Townsquare Media’s WKXW-FM, Trenton “New Jersey 101.5” presents a Town Hall broadcast on the upcoming November election. The station says, “New Jersey is facing a general election like no other in its history. Amid the many pandemic related changes, New Jersey Governor Phil Murphy declared almost all voting would be done with mail-in ballots.” Station senior political director Eric Scott adds, “This is the first time the majority of people in New Jersey will cast their vote by mail. And as a result, there is much confusion. There have been documented cases of voting irregularities in New Jersey and our goal is to help everyone who wants to vote be certain their vote will be counted.” The program’s expert panel will be led by New Jersey Secretary of State Tahesha Way. Other panelists will include county clerks charged with coordinating the ballots and who can speak directly to any irregularities. Scott and his guests will answer live, call-in questions from listeners throughout the hour…..The Alliance for Women in Media announces that this week’s Gracie Interview Series – Virtual Gathering features special guest Susan Larkin, COO for Entercom and moderator Weezie Kramer. The event is tomorrow (10/15) at 2:00 pm ET. The two will discuss the ever-evolving roles in media companies today. Larkin will share how media companies continue to face the opportunities placed in front of them and the ever-important model of monetizing these new business paths. You can register here…..Entercom’s podcast company Cadence13 announces a partnership with Leon Neyfakh and Andrew Parsons, co-creators of “Slow Burn,” for distribution of the first season of “Fiasco,” the award-winning documentary podcast series about power, politics and uncertainty. Fiasco Season One: “Bush v. Gore” launches today (10/14)…..iHeartMedia announces the release of “Aaron Mahnke’s 13 Days of Halloween” from Blumhouse Television and iHeartMedia. The original scripted podcast series stars Keegan-Michael Key as “caretaker” of the purgatorial hotel “Hawthorne Manor.”
The Presidential Race, Barrett Confirmation Hearings, COVID-19 Stats & Projections, Stimulus Negotiations, New UN Human Rights Council Members, SCOTUS Census Ruling, DOJ ‘Unmasking’ Investigation, and the NFL’s COVID-19 Policy Among Top News/Talk Stories Yesterday (10/13). The November presidential election; the confirmation hearings for Supreme Court nominee Amy Coney Barrett; the rising number of COVID-19 cases across the country and concerns about a fall/winter second wave; the negotiations over a new COVID stimulus package; controversy over China and Russia gaining seats on the UN Human Rights Council; the Supreme Court rules President Trump can end the 2020 census; the DOJ’s investigation into “unmasking” or revealing the names of Americans in NSA foreign intelligence reports by the Obama administration ends without charges; and the NFL’s scramble to save games as some players test positive for COVID-19 were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Music Radio News and Career Moves. Longtime radio management pro Mark Krieschen announces he’s retiring from Cox Media Group’s Houston station group – country KKBQ “”93Q,” classic country KTHT “Country Legends 97.1,” and classic rock duo KHPT-FM/KGLK-FM “The Eagle” – effective October 23. Prior to joining Cox Radio in 2005 as VP/GM of CMG Radio Houston, Krieschen held various positions at Tribune’s WGN-AM, Chicago. Cox Media Group EVP Bill Hendrich says, “I can’t speak highly enough of Mark and I am certain his Houston team shares my sentiment. In leading the largest market in CMG’s radio portfolio, Mark has been an integral part of CMG Radio’s growth, our impact in the industry and in the communities across Houston. His contributions will always be valued, and he will be remembered for his passionate dedication and leadership style that moved others to give their best, every day.”…..Condolences to the family and friends of Jeff Anderson, the evening air personality and production director at Beasley Media Group’s classic hits KKLZ-FM, Las Vegas who died on October 9 after suffering health complications. Anderson joined the company in 2006 as the midday personality at KKLZ-FM. After the station flipped from the classic rock to classic hits format, he moved to evenings and took on the role of production director. Beasley chief content officer Justin Chase says, “I’ve known Jeff for nearly 20 years, working with him almost that entire time in radio at both CBS Radio and Beasley. In that time, I’ve come to greatly respect Jeff for his talent, professionalism, and kindness. All of us here at Beasley are deeply saddened by his sudden passing and will miss him immensely.” Anderson spent more than 25 years in the Las Vegas radio market and was inducted into the Nevada Broadcasters’ Hall of Fame in 2008.