Cox Media Group’s ‘95.5 WSB’ Names Erick Erickson Early Afternoon Host. At news/talk WSB-AM/WSBB-FM, Atlanta, Cox Media Group announces that the daypart long occupied by the “Rush Limbaugh Show” will be hosted by the station’s Erick Erickson, beginning on Monday (3/22). Erickson will move from his current 4:00 pm to 7:00 pm slot and the station’s early evening host Mark Arum will take over the 4:00 pm to 7:00 pm program. WSB will air an hour of Premiere Networks’ Sean Hannity program live at 3:00 pm and will air the rest of the show delayed from 7:00 pm to 9:00 pm. WSB director of branding & programming Drew Anderssen says, “With these lineup changes, 95.5 WSB will better serve Atlanta with more local programming. Erick Erickson and Mark Arum are both tremendous talents, and the move will continue to strengthen the extraordinary brand that is 95.5 WSB.” Erickson also hosts his own self-syndicated 9:00 am to 12:00 noon ET talk radio show that has garnered almost 20 affiliate stations in its first year (although speculation has already begun that other syndication developments could be in the works that take into account the host’s new schedule). Erickson says, “I would never have gotten into radio without encouragement from Rush Limbaugh who has been gracious over the years with a lot of great advice and guidance. It was an honor to fill in for him on his show, and it is overwhelming and humbling to move into the slot Rush occupied with such distinction for so long. I appreciate and intend to live up to the responsibility that comes with this time slot.” Mark Arum, who’s been with WSB since 1997, also serves as traffic anchor for WSB-TV’s “Channel 2 Action News This Morning.” Arum says, “When I was hired at 95.5 WSB over 23 years ago, I could never have envisioned that I would ever get the opportunity to host a drive time show on the best news and talk station in the nation. It’s a cliché, but this is truly a dream come true.”
WOKV-FM, Jacksonville Goes Local in the ‘Rush Daypart.’ As sister news/talk giant WSB-AM/WSBB-FM, Atlanta is doing (see story above), Cox Media Group’s WOKV-FM, Jacksonville is filling the 12:00 noon to 3:00 pm ET daypart occupied by Rush Limbaugh for so many years with a local host, in this case current late morning personality Mark Kaye. CMG says that Kaye “has been growing his audience on 104.5 FM from 10:00 am to 12:00 noon for multiple years. Mark has gained a national following through multiple video streaming platforms, as well as a show on Newsmax TV.” Cox will fill Kaye’s current daypart with FOX News Radio’s Brian Kilmeade whose radio show will air from 9:00 am to 12:00 noon. Kaye comments, “As a life-long fan of Rush Limbaugh, I am still adjusting to a world without his voice. Producing a daily show in ‘Rush’s timeslot’ is a daunting task for any broadcaster, but I am grateful to the leadership team at CMG and 104.5 WOKV for placing their trust in me. With the audience’s help I promise to do my best to keep Rush’s spirit, energy, and unique brand of conservative entertainment alive. This is an incredibly bittersweet opportunity.”
iHeartMedia Names Paul Rogers Area President for North Florida. Media executive Paul Rogers is named area president for iHeartMedia’s newly configured North Florida area that includes Jacksonville, Tallahassee, and Panama City. Rogers takes over for Nicky Sparrow who was recently promoted to SVP of multicultural sales for iHeartMedia Markets Group. Rogers reports to division president Linda Byrd. She says, “I’ve worked with Paul for over 35 years, in many different roles. His integrity, judgment, professionalism, and competitiveness are what any manager would look for in a market leader. He is the perfect choice as a successor, and I have no doubt that he will take this area to the next level. I also want to thank Nicky for the great work she has done in getting Jacksonville to where we are today and congratulate her on this exciting new opportunity to expand her role in iHeartMedia.” Rogers has been serving iHeartMedia as market president for Tallahassee and Panama City since 2017.
Townsquare Media 2020 Q4 Net Revenue Down 3.2%; Full Year Revenue Declines 15%. Compared the second quarter of 2020 when Townsquare Media’s net revenue was down 35% compared to 2019, the fourth quarter’s decline of just 3.2% was a source of joy for CEO Bill Wilson. While Q4 net revenue was $108.5 million (down 3.2%), net revenue for the full year was $371.3 million, down 15% from the full year 2019 ($431.4 million). What has Wilson pumped is Townsquare’s digital assets. He says, “Townsquare Interactive, our digital monthly subscription business, excelled throughout the year, accelerating year-over-year net revenue growth in Q4 to +16% and generating over $70 million of revenue for the full year (+14% YoY) at a profit margin of approximately 30%. In total, digital net revenue increased +6% year over year, driven by both Townsquare Interactive and Townsquare Ignite (our digital programmatic advertising platform), which grew net revenue by +11% year over year. With $162 million of 2020 digital net revenue, digital now accounts for approximately 44% of our total net revenue, further differentiating us in the local media marketplace.” Wilson says that the company is proud of its roots and DNA in local radio, “2020 was the year Townsquare became a ‘Digital First’ company.” He says, “I am also pleased to reaffirm our expectation that Townsquare Interactive and Townsquare Ignite will each generate $100 million in revenue in two to three years. 2020 served to accelerate Townsquare’s transformation into a premier local media and digital marketing solutions company proudly super-serving markets outside the top 50 markets.”
TALKERS News Notes. One of WFAN, New York afternoon co-host Craig Carton’s fraud victims is petitioning the court asking that Carton’s restitution order be rewritten because Carton has returned to the Entercom sports talk station in what petitioner Gerard LoDuka says “is almost surely an extremely lucrative job,” according to a piece in the New York Post. LoDuka claims that the restitution order requiring him to pay 15% of his yearly income toward the nearly $5 million he owes victims should be rewritten because of his new, high-profile job. But Carton’s attorney says Carton makes “a fraction” of his previous salary as morning drive co-host…..Cumulus Media announces that for the second year in a row, news/talk KMJ-AM/FM, Fresno’s “Morning News” takes home the Golden Mike Award for “Best Newscast under 15 minutes” (Division B) from the Radio & Television News Association of Southern California. KMJ news anchors Matt Otstot, Tony Manes, Liz Kern and Aaron Abeytia – along with sports anchor George Takata and weather anchor Kimberly Kolliner – teamed up for the winning newscast…..The National Association of Broadcasters is offering a new online training course for radio stations containing critical information and guidelines for complying with Federal Communications Commission regulations. The Radio Rules! A Guide to FCC Regulations for Radio Stations course is now available here. The scenario-based training course tests participants’ understanding of acceptable practices for FCC regulation compliance. The guide outlines compliance related to content, advertising, station operation and management, copyright, and public files and reporting in four learning activities.
Mildred Carter Mentoring Program Announces 2021 Participants. The Mentoring & Inspiring Women in Radio Group, a volunteer organization dedicated to developing management and leadership skills for women in radio broadcasting, introduces the MIW Group Mildred Carter Mentoring Program’s Class of 2021. They are (pictured above from left to right) The 2021 class is comprised of the following professionals, listed in alphabetical order: Lisa Kirkman, national accounts director, Ruby Radio, Northeastern Nevada; Jenna Miller, integrated sales manager, Cox Media Group, Tampa; Tonee Roper, on-air personality and promotions director, Neuhoff Media, Springfield, Illinois; and Ashley Wilson, director of country programming, iHeartMedia, Kentucky/Indiana Region. The program, now in its 20th year, matches up-and-coming women in radio with female professionals recognized as leaders in all aspects of the industry. vCreative is serving as the lead sponsor of this year’s program. The MIW Group Mildred Carter Mentoring Program is named in the memory of Mildred Carter who, along with her husband Andrew “Skip” Carter, founded the first African American-owned radio station in the U.S. in 1950, when they turned on KPRS, Kansas City.
Migrant Border Crisis, COVID-19, Cuomo Allegations, Stimulus Package, COVID-19 Stats & Vaccines, Voting Bills, Georgia’s Trump Investigation, Gavin Newsom Recall Effort, North Korea Warns U.S., and the Grammy Awards/Oscar Nominations Among Top News/Talk Stories Yesterday (3/15). The Biden administration’s immigrant problem as thousands of parentless children amass at the U.S.-Mexico border; the number of COVID cases in the U.S., concerns about variants, the removal of mask mandates in some states, and the rollout of vaccines; the sexual harassment allegations against New York Governor Andrew Cuomo and the fellow Democrats calling for his resignation; Biden’s $1.9 trillion stimulus package becomes law; the voting bills in various states critics say will make voting more difficult; the investigation into Donald Trump’s call to the Georgia Secretary of State asking for more votes; California Governor Gavin Newsom battles the recall effort against him; the sister of North Korean dictator Kim Jong Un warns the U.S. about military exercises with South Korea, and Sunday night’s Grammy awards and the unveiling of this year’s Oscar nominations were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.
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 Network; CRN Digital Talk Radio Network; the iHeart Podcast Network; Pioneer 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.
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 Network; CRN Digital Talk Radio Network; the iHeart Podcast Network; Pioneer 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, RadioJar, Unified 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.
Cumulus Media Reports 2020 Q4 Net Revenue Down 13.9%; Net Revenue for Full Year of 2020 Declines 26.7%. The second major radio company to report financial figures from the fourth quarter and the full year of 2020 (Beasley was first back on February 10), Cumulus Media reports net revenue of $245.8 million for the fourth quarter – a decline of 13.9% compared to the same period in 2019 – and full year 2020 net revenue of $816 million, down 26.7% from $1.1 billion reported in 2019. For Q4, Cumulus posted a loss of $249,000 a year after 2019’s Q4 income of $1.6 million. For the full year of 2019, the company posted a loss of $57.9 million compared to 2019’s full year income of $62.2 million. On the positive side, Cumulus reports that quarterly revenue improved sequentially from Q2 to Q4, both in total and excluding political; it achieved 9.4% year-over-year digital revenue growth (12.1% on a same station basis), driven by podcasting growth of nearly 40%; it generated $33.2 million of cash from operations for the full year; it completed two significant M&A transactions generating aggregate gross proceeds of $282 million; paid down $54.3 million of term loan and retired $47.2 million of senior notes; and finished the year with $271.8 million of cash on hand (an increase of $256.6 million compared with December 31, 2019). President and CEO Mary Berner comments, “Given 2020’s extenuating circumstances, I am extremely proud of the company’s performance and the efforts of the entire Cumulus team to meet the challenges posed by COVID-19. In the face of the pandemic, we maximized revenue performance, materially reduced expenses, generated cash through strong working capital management, and executed highly accretive divestitures that strengthened our balance sheet. As a result of these efforts and with a recovering economy, we believe that we are well-positioned to return our business to its pre-pandemic trajectory and to capitalize on strategic and financial options to best drive shareholder returns.”
Chad Benson Welcomes New Affiliate Stations. The Radio America-syndicated “Chad Benson Show” welcomes four new radio stations to its roster of affiliate stations: WP Broadcasting’s news/talk KRSY-AM, Alamogordo, New Mexico; WCED Rsdio’s news/talk WCED-AM, Du Bois, Pennsylvania; Fieldview Broadcasting’s news/talk KWBG-AM, Boone, Iowa; and VP Broadcasting’s news/talk WHOL-AM/W295CR Allentown, Pennsylvania. The Chad Benson Show is also heard on such signals as Bonneville’s KTAR-FM, Phoenix; iHeartMedia’s KSTE-AM, Sacramento; and Cox Media Group’s WOKV-FM, Jacksonville. Radio America says, “Listeners love Chad’s explanation of the day’s hard news delivered in a thoughtful and entertaining way. And that explains why Chad is featured on some of the most highly rated talk stations in the country and delivers the demos that talk radio needs most.”
Entercom and Pro Sports Teams Cooperate on ‘Vaccinate Michigan’ Effort. The Entercom Detroit station cluster that includes sports talk WXYT-FM “97.1 The Ticket,” all-news WWJ-AM “Newsradio 950,” and three music brands are partnering with the Detroit Lions, the Detroit Tigers, the Detroit Red Wings, and the Detroit Pistons to launch a new community initiative called “Vaccinate Michigan.” All five stations are airing state-approved public service announcements about the COVID-19 vaccination and its availability for Michigan residents. The “Vaccinate Michigan” announcements are voiced by various Entercom Detroit on-air personalities, show hosts, and news anchors, as well as some of the city’s key sports figures, including Tigers manager AJ Hinch, Tigers pitcher Matthew Boyd, Red Wings head coach Jeff Blashill, Lions head coach Dan Campbell, and Pistons head coach Dwane Casey. Entercom Detroit SVP and market manager Debbie Kenyon says, “Our company and sports partners understand the importance of getting Michigan businesses open, as well as the need of our listeners and fans to get back to work and feel some sense of normalcy. Radio serves as a crucial lifeline for the communities it serves and we’re proud to lend our influential voice in the community and our citywide footprint to deliver the important message of COVID-19 vaccinations to our listeners and fans.”
SummitMedia Enters into Podcast Deal with CurtCo Media. This strategic partnership between SummitMedia and CurtCo Media is SummitMedia’s first formal alliance with a third-party content creator for the podcast audience. SummitMedia owns and operates 47 radio stations in nine states. Los Angeles-based CurtCo Media currently produces cutting-edge quality scripted and unscripted podcast programming. SummitMedia chairman and CEO Carl Parmer comments, “SummitMedia’s partnership with CurtCo Media provides us with an exciting opportunity to develop and explore the rapidly growing podcast medium. We’ve known and watched CurtCo create engaging and innovative content for years, and we value the integrity and quality they bring to the media industry.” CurtCo Media CEO Bill Curtis says, “Having a strategic alliance and investment from SummitMedia makes this partnership the most powerful moment to date in our business development. We’re so excited to work with Greg Kelly, Carl and their team to create new dynamic programming and combine Summit’s powerful radio platform with CurtCo Media in the fast-growing world of podcasting. We believe this strategic partnership will provide sustainable value for our business and expand our audience.”
TALKERS News Notes. Longtime radio and television consumer advocate Clark Howard will receive the 2021 “Andrew Ashwood Award” at the 12th annual Talk Show Boot Camp, presented by Don Anthony’s Talentmasters and Gabe Hobbs Media being held virtually this year on March 18 and 19. Howard, who wrapped his nationally syndicated radio program after 23 years at the end of 2020, will be presented with the award by last year’s recipient, Greg Moceri. He says, “When I was given the privilege of selecting someone who exemplified the positivity that Andrew did for our industry, it took me two seconds to say Clark Howard. Having worked and associated with him for 30 years, he was an instant selection on how many ways he has demonstrated that positivity and has helped millions through the years. ‘In Clark we trust’ impacted his knowledge and authenticity in our industry for decades and it continues today. Clark was an instant choice to carry on this great tradition of honoring Andrew.”…..The 2nd Annual Radio Cares – Feeding America is off to a great start with new and returning partners signing on in support of the nationwide radio event that raises money to provide meals for individuals and families facing hunger in America. Radio Cares is presented by Feeding America and the Independent Broadcasters Association and takes place on April 14 on radio stations across the country. Last year, in its inaugural event, Radio Cares raised enough money to purchase 5 million meals.”…..The Philadelphia Phillies and Entercom announce a new, multi-year radio deal with the MLB’s Phillies to keep sports talk WIP-FM the flagship station for the club’s radio broadcasts. The play-by-play team of Scott Franzke and Larry Andersen will be joined by Kevin Frandsen this season. Entercom Philly SVP and market manager David Yadgaroff says, “We’re eagerly awaiting the return of Phillies baseball and are happy to announce a new broadcast extension with the club. As the undisputed voice of the Philadelphia sports fan, we look forward to putting listeners right in the middle of the action through premier game day coverage and keeping them caught up with their favorite team throughout the season.”
COVID-19 Stats & Vaccines, SCOTUS Trump Tax Returns Ruling, Capitol Riot Investigation, Cabinet Confirmation Hearings, Dominion Sues Mike Lindell, and Facebook Australia News Deal Among Top News/Talk Stories Yesterday (2/22). The United States passes the 500,000 COVID death mark and the rollout of vaccines continues; the Supreme Court rules New York prosecutors can have access to Donald Trump’s tax records; today’s first Senate hearing on the January 6 Capitol insurrection; Monday’s first confirmation hearing for Attorney General nominee Merrick Garland, and the coming hearings for embattled White House budget office nominee Neera Tanden and Interior Secretary nominee Deb Haaland; voting systems firm Dominion sues MyPillow chief Mike Lindell for $1.3 billion for defamation; and Facebook agrees to Australian news deal that will pay news organizations were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.