Tag: "John Malone"
Will Tomorrow Be the Day iHeartMedia’s Future Becomes Clearer? On Sunday, iHeartMedia and Consenting Lenders entered into a Forbearance Agreement that put off iHM’s defaut on an interest payment on 14% Senior Notes until midnight tomorrow (3/7). That gives both sides more time to work out a solution to the company’s $20 billion in debt and avoid putting the matter into the hands of a bankruptcy judge. Analysts watching this case are taking note of the fact that John Malone’s Liberty Media purchased $400 million of iHM’s debt last week and now becomes a creditor in the event of a bankruptcy. Just how important Liberty’s involvement as a creditor becomes remains to be seen but, remember that Liberty came to the aid of SiriusXM when it needed cash and now controls a majority interest in that company. A lot of the consumer press stories covering the iHeartMedia debt saga that TALKERS editors have seen imply the company is on the verge of “failure.” But the reality – borne out by its quarterly financial reports – is that the company is making money. It’s just not making enough to cover interest payments on the massive debt. The latest term sheet from iHeartMedia summarizes a proposed restructuring of the company that would reduce its debt (in exchange for equity) to $5.75 billion. As part of the proposed terms, it would spin off Clear Channel Outdoor Holdings.
And ‘The Loop’ in Chicago Goes to…Educational Media Foundation! At first, today’s FCC filing to transfer classic rock WLUP-FM, Chicago from Merlin Media to non-profit Christian broadcaster Educational Media Foundation for $21.5 million seems surprising, but EMF did recently acquire KSWD, Los Angeles from Entercom and, unlike many secular, commercial broadcasting companies, it has money in the bank. If approved, it’s expected that EMF will install its “K-Love” Christian contemporary format on the station. Unfortunately, the deal means the current staff – including morning personality Erich “Mancow” Muller – will be out of work. The other Merlin Media station still on the block in Chicago is alternative rock WKQX.
Salem Media Group LMAs KPAM, Portland. In a press release issued Monday (3/5), Salem Media Group acknowledges that it is operating news/talk KPAM, Portland and adult standards KKOV “Sunny 1550” – both stations in the process of being sold by Pamplin Broadcasting to Intelli LLC. The presser is titled, “KPAM is Alive and Well” and notes that KPAM airs “live and local drive-time programs – ‘First Edition’ from 6am to 10am and ‘Afternoon Northwest’ from 3pm to 6pm – and syndicated programs such as ‘The Clark Howard Show,’ ‘The Schnitt Show,’ ‘The Michael Medved Show,’ and ‘The Joe Pags Show.’ Hourly news, weather, and sports as well as drive-time traffic are also featured.”
WRKO, Boston Adds Joe Pags Show for Evenings. The WOAI, San Antonio-based Joe Pags show – hosted by Joe Pagliarulo – is joining the program lineup of iHeartMedia’s WRKO, Boston. The Joe Pags show – heard in more than 100 markets across the country – airs in the 7:00 pm to 10:00 pm slot. WRKO program director Michael Czarnecki says “We are thrilled to have Joe join the WRKO weekday line up. Joe does so much more than just political talk. He entertains, makes you think, makes you laugh, heck he even sings. This makes him the perfect addition to the WRKO family.” Pagliarulo states, “When you hear the call letters WRKO, you hear heritage – and a station most hosts can only dream of being on. I’m psyched beyond words that my show is coming to this amazing station. It’s an opportunity I cherish and simply cannot wait to talk with the great people of Boston on a daily basis. Thank you so much to the management team for the trust and support!”
Saga Communications’ Fourth Quarter Net Revenue Rises 2.3%. During 2017, Saga Communications executed the sale of its television stations and purchased radio stations in Charleston and Hilton Head, South Carolina. Those transactions resulted in net income increasing $9.9 million during the fourth quarter of 2017 and $36.5 million for the year. Saga reports that net revenue increased 2.3% to $31.5 million during Q4. For the entire year, net revenue decreased 0.7% to $118.2 million. For the fourth quarter, operating income decreased $433,000 to $5.3 million when adjusted for the $1.5 million charge for impairment of intangible assets. Station operating expense increased 5.4% to $23.2 million (station operating expense includes depreciation and amortization attributable to the stations) primarily due to the acquisition of the Charleston and Hilton Head radio stations. Free cash flow was $6.3 million compared to $7.6 million last year. Same station net revenue decreased 4.2% to $29.5 million primarily due to a decrease in gross political revenue of $1 million and same station operating expense decreased 2.5% to $21.5 million for the quarter.
Urban One Reports Q4 2017 Net Revenue Down 4%. The silver lining in this fourth quarter 2017 financial report from Urban One is that broadcast and digital operating income increased 2.8% compared to the same period in 2016. But overall, net revenue was approximately $109 million, a decrease of 4% from the same period in 2016. Adjusted EBITDA was approximately $38.7 million for the quarter, compared to $30.9 million for the same period in 2016, an increase of 25.6%. Urban One president and CEO Alfred C. Liggins, III says, “Overall, we produced a strong quarter from an Adjusted EBITDA standpoint, and as a result we were able to show full year Adjusted EBITDA growth, despite the challenging market conditions. Our core radio revenues were up slightly for the quarter, excluding the impact of political revenues. Our TV advertising revenues suffered from weak ratings delivery, which was somewhat offset by growth in affiliate revenues. Our digital business benefitted from the integration of our acquisition of the Bossip, Madame Noire and Hip Hop Wired brands, and was up significantly in both revenue and Adjusted EBITDA compared to prior year. We were able to control costs, most notably at TV One and Corporate. During the quarter, we repurchased a further $20 million of our 9.25% notes at a discount, and we remain strongly committed to reducing net leverage.”
TALKERS News Notes. Sports giant ESPN announces James Pitaro is the company’s new chief, taking over for John Skipper, who suddenly stepped down from his position in December in order to address what was termed a long-time substance abuse issue. Pitaro has been serving the Walt Disney company in an executive capacity in the digital realm. Pitaro will also serve as co-chair of Disney’s television segment…..JVC Media’s Long Island news/talk outlet WRCN, Riverhead “LI News Radio 103.9 FM” is presenting a “Spring Back to Business” event designed to be a “networking social get-together” on March 26 at its studio operations at Long Island MacArthur Airport in Ronkonkoma. Station personality Frank MacKay will introduce FOX News Channel and FOX News Radio personality Brian Kilmeade who will take part in a Q&A with attendees.
Bill Lally Dies After Battle with Cancer. Family, friends and the Southern California radio community are mourning the loss of Bill Lally, who passed away over the weekend after a long battle with cancer. Lally was a longtime operations manager and APD at KFI, KLAC and KTLK in Los Angeles who exited the company in 2009 during the massive round of layoffs that took place at then-Clear Channel that year. Prior to moving to Los Angeles, Lally had also served with WABC, New York; Westwood One; WMCA; and CBS RADIO during his career.
Trump-Russia Investigation/Sam Nunberg Subpoena, Financial Reforms Rollback, North Korea-South Korea Talks, Trump Tariffs/Trade War, Senate School Safety Bill, Netanyahu-Trump Meeting, the Oscars, and NBA Action Among Top News/Talk Stories Yesterday (3/5). The investigation into possible connections between the Trump campaign and Russian agents and the bizarre media tour by former Trump aide Sam Nunberg after being subpoenaed by special counsel Robert Mueller; Senate Majority Leader Mitch McConnell proposes rolling back reforms enacted after the 2008 financial crisis; North Korea’s Kim Jong Un meets with South Korean officials; President Trump’s proposed steel and aluminum tariffs and House Speaker Paul Ryan’s move to block them; the U.S. Senate proposes a school safety bill in the aftermath of the Parkland, Florida shooting; embattled Israeli Prime Minister Benjamin Netanyahu’s trip to Washington and his meeting with President Trump; Sunday night’s Academy Awards show; and NBA action 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. The morning show at iHeartMedia’s hip hop WUSL, Philadelphia “Power 99” adds Roxy Romeo to the cast. She’ll join the “Rise & Grind Morning Show” featuring Mikey Dredd and Mutha Knows, effective March 12. iHM Philly director of urban programming Derrick Corbett says, “To be able to add a talent the likes of Roxy to our staff is phenomenal. She’s an incredible personality who has the ability to make you feel as if you’ve known her for years upon first listen. We’re excited to be able to share her voice with the city of Philadelphia, and that she’s chosen to make ‘Power 99’ her new home.” Romeo was most recently midday jock, APD and music director at the company’s “REAL 103.9” in Las Vegas…..Nate Bell is named program director at iHeartMedia’s hip hop WJLB and urban contemporary WMXD “Mix 92.3” in Detroit. EVP of urban/hip hop programming Doc Wynter says, “We are so excited to have Nate back in our urban programming brain trust. He was missed, but it was destiny for him to come back to iHeartMedia. Things are about to heat up in Detroit!”…..In Charlotte, iHeartMedia names Brooke Morrison afternoon personality for CHR WHQC “Channel 96.1.” Station PD A.J. says, “We are very excited about what Brooke will bring to Charlotte. Her high level of engagement, work ethic and passion for music and entertainment make her a superstar on and off the air. I look forward to her joining the team as we build the next chapter of ‘Channel 96.1.’”
Talkers New Media Seminar LA set for Thursday, October 11 is Sold Out! The agenda is basically set and most of the sponsors announced for the forthcoming Los Angeles installment of TALKERS magazine’s two-part New Media Seminar 2012 (the first part took place in New York on June 7). According to TALKERS VP/executive editor Kevin Casey, “The venue is intimate and even kind of funky making for a very relaxed and informal environment – conducive to the kind of communicative and networking environment we hope to achieve. The problem, however, is that unlike industry events that are held in convention centers and big hotels, we are working with a finite amount of seating and space which we are obligated by city regulations not to exceed.” TALKERS New Media Seminar LA is scheduled for Thursday, October 11 between 9:00 am and 5:00 pm in association with the Los Angeles Press Club at the Steve Allen Theater in Hollywood. Registration has only been open to working media. A registration “stand-by” list is being maintained until this Friday (10/5) for those willing to take a chance. Some sponsorships however are still available. For stand-by registration and sponsorship information call 413-565-5413. The agenda for the event is as follows:
9:00 am – 9:50 am
Bagel Breakfast Party
Sponsored by Brent’s Deli
9:50 am – 10:00 am
Speaker: Michael Harrison, Publisher, TALKERS
10:00 am – 10:15 am
Speaker: Norm Pattiz, CEO, Courtside Entertainment
10:20 am – 11:00 am
“The Big Picture: Spoken Word Radio”
Moderator: Michael Harrison, Publisher, TALKERS
Panelists (in alphabetical order):
Phil Boyce, VP/Director, Spoken Word Format, Salem Communications
Ron Hartenbaum, President, WYD Media
Kraig Kitchin, CEO, Sound Mind, LLC
Don Martin, VP Programming, Fox Sports Radio/OM KLAC, Los Angeles
Mike McVay, Senior VP Programming, Cumulus Media
Harvey Nagler, VP, CBS Radio News
11:05 am – 11:20 am
“Interactivity and Video: The Key to Your Business Future”
Speaker: Walter Sabo, Chairman, Sabo Media
11:25 am – 11:35 am
“The Radio Personality as Entrepreneur”
Introduction: Jeff Wasserman, President, Life Coach Media
Speaker: Ken Rutkowski, host, “Business Rock Stars,” KFWB, Los Angeles
11: 40 am – 12:20 pm
“The Challenges of Hosting a Talk Show in 2012”
Moderator: Mike Kinosian, Managing Editor/West Coast Bureau Chief, TALKERS
Jerry Doyle, Host, Talk Radio Network
Heidi Harris, Host, KRLA, Los Angeles
Lars Larson, Host, Compass Media Networks/ KXL, Portland
Doug Stephan, Host, “Good Day”
Alan Stock, Host, KDWN, Las Vegas
Eric Weiss, president, The Weiss Agency
12:25 pm – 12:40 pm
“Woman of the Year Award”
Introduction: Carole Marks, CEO, Talk Media, Inc.
Presenter: Stephanie Miller, Host, WYD Media
Recipient: Robin Bertolucci, PD KFI/KTLK, Los Angeles
Sponsored by TuneIn
12:45 pm – 1:00 pm
“Database Your Tribe…Now!”
Speaker, Holland Cooke, Consultant, Holland Cooke Media
1:00 pm – 1:50 pm
Sponsored by Brent’s Deli
1:50 pm – 2:20 pm
“Making Money in Talk Radio: Challenges and Opportunities”
Introduction: Michael Zwerling, President, Michael Zwerling Media/Owner KSCO, Santa Cruz
Moderator: Brent Seltzer, Host, Podjockey
Bob Moore, President, Courtside Entertainment
Rusty Humphries, Host, Talk Radio Network/WGST, Atlanta
Michael Zwerling, President, Michael Zwerling Media/Owner KSCO, Santa Cruz
Sponsored by Michael Zwerling Media
2:25 pm – 3:05 pm
“The State of Talk Programming”
Moderator: Kevin Casey, VP/Executive Editor TALKERS
Panelists (in alphabetical order):
Skip Essick, PD, KMJ-AM/FM, Fresno
Kevin LaRue, PD KSL, Salt Lake City
Andy Ludlum, PD, KNX, Los Angeles
Garret Lewis, PD/morning host, KNST, Tucson
Dave Sniff, PD, KFMB, San Diego
Chuck Tyler, PD, KRLA/KKLA, Los Angeles
Sponsored by Premiere Networks
3:10 pm – 3:45 pm
“The Modern Day Pioneers”
Moderator: Patt Morrison, Host/Interviewer, KPCC, Los Angeles; Columnist, Los Angeles Times
Panelists (in alphabetical order):
Ian Freeman, Co-Host, Free Talk Live
Sam Hasson, President/Founder, LATalkRadio.com
Michael Horn, CEO, CRN Digital Talk
Tom Leykis, President/Host, The New Normal
Shadoe Stevens, Host, Mental Radio, Sirius/XM Satellite Radio
Sponsored by CRN Digital Talk
3:45 pm – 4:20 pm
“The Art of the Show”
Moderator: Bill Moran, President, Bill Moran & Associates
Panelists (in alphabetical order):
Jerry Doyle, Host, Talk Radio Network
Bill Handel, Host, KFI, Los Angeles
Karel, Host, KGO, San Francisco
Neil Larrimore, PD, KFYI/KGME, Phoenix
Eric Stanger, VP Operations, The Sean Hannity Show, Premiere Networks
Sponsored by TRN
4:20 pm – 5:00 pm
Afternoon Sessions and Keynote
Americans for Limited Government, BMX/XtreMedia, Brent’s Deli, Christie Communications, Comrex Corporation, CRN Digital Talk, Federation for American Immigration Reform, Focus Communications, Inc., Free Talk Live, LATalkRadio.com, Life Coach Media, Podjockey, Premiere Networks, Talk Radio Network, Talk Radio News Service, TuneIn, WYD Media, Michael Zwerling Media.
September PPM Numbers: Some Talk and Sports Highlights. TALKERS managing editor and West Coast bureau chief Mike Kinosian reports on the September PPM numbers rolling in and notes the movement of some stations of interest to talk and sports radio watchers.
- In market #7 Washington, DC, a nine-tenths August-September improvement helps propel American University‘s WAMU to #1, unseating Hubbard‘s WTOP-FM (#3), which slides -1.1 to 7.1, the news outlet’s lowest point since April’s 6.5.
- For the sixth straight month, Washington Nationals’ flagship WJFK-FM (CBS Radio‘s “The Fan”) bests Red Zebra format rival WTEM (“The Team”), however, WTEM (#20) gains one-half share and WJFK-FM (#18) is down one-tenth.
- In market #8 Philadelphia, gaining one-half share are CBS Radio’s “Sports Radio 94 WIP-FM” (3.7, #12) and public news/talk WHYY (3.5, #13).
- For the seventh straight month, “Newsradio 1060 KYW” is in the 6.1 – 6.7 range (6.5, -.2 from August) and, as in August, the CBS Radio-owned facility is #1.
- In market #9 Atlanta, in August, WSB-AM had a 4.8, which was its lowest 6+ share since registering a 4.2 in September 2010. The Cox Radio talk outlet bounces back though with a +.9 to 5.7 and ranks fifth, versus #9 in August.
- In market #10 Boston, remember “Rush Radio” on WXKS-AM? That was how the Clear Channel talk station positioned itself for about one year, beginning in March 2010. In mid-August of this year, Rush Limbaugh surfaced on cross-town WRKO and the Entercom talker gains nine-tenths to 2.4, its strongest 6+-share since March (2.5).
- For the first time in the last seven monthlies, New England Patriots flagship WBZ-FM (CBS Radio-owned “The Sports Hub”) overtakes Entercom format competitor WEEI-FM. The two sports properties were tied in March (3.5) with WEEI-FM holding the upper hand from April through August. In September though, WBZ-FM gains eight-tenths (4.5, #8) while Red Sox flagship WEEI-FM drops two-tenths (4.1, #9).
For more PPM data and ratings analysis, visit the ratings section at our sister publication RadioInfo’s site here.
FCC to Consider Liberty Media Control of Sirius. The FCC is calling for public comment on Liberty Media Corp.’s application to take de jure (legal) control of Sirius XM Radio. Sirius did not sign that application, filed in August, but the Commission is deciding to move forward anyway. Back in May, the FCC turned down a request for de facto (effective) control by Liberty, which now has an effective 48% stake in the satellite radio company. Petitions to deny are due November 1, initial opposition due November 13, and final rebuttals by November 20, likely to be followed by several weeks of FCC deliberation. The two companies have been at odds for a long time with John Malone’s Liberty looking to takeover Sirius. In 2009, Sirius received a $530 million loan from Liberty to avoid bankruptcy. There’s much speculation about Sirius CEO Mel Karmazin’s plans if Liberty gains control. His contract with Sirius is up at end of this year. As reported yesterday, Karmazin is speaking at Liberty’s 2012 investor conference in New York on October 10, just two weeks before the first public comments are due at the FCC.
Saga Declares Special Cash Dividend. The Saga board announces a special cash dividend of about $7 million — a dividend of $1.65 per Class A or B Common Stock. Shareholders of record on November 15 receive the dividend, funded by cash on the company’s balance sheet, on December 3. Ed Christian’s Saga, headquartered in Grosse Pointe Farms, Michigan, owns or operates radio and TV stations in 26 markets and four regional radio networks.
Upgrade to FREE. Radio consultant Holland Cooke’s latest piece for TALKERS is about some of the tools of the media trade – namely netbooks and tablets. But it’s about more than that if you step back and look at the big picture. He points to digital app expert Beth Ziesenis – AskBethZ – as someone who cuts through with her message (and her business) because she’s clearly focused on her objective. Read what Holland Cooke has to say about these issues here.
Odds & Sods. SiriusXM will feature “Pete Dominick’s Electoral College Tour” on its POTUS channel prior to each presidential debate, beginning this evening in Denver. Dominick is a stand-up comedian and regular on the POTUS channel and his special shows will emanate from the University of Denver, Hofstra University and the University of Virginia in which he’ll host a special one-hour forum with students and faculty – before the presidential debate and live from 8:00 pm to 9:00 pm ET – to talk about the issues that matter most to them in this election…..Chicago Bulls home basketball games will be heard in Spanish on Univision’s WRTO, Chicago “La Tremenda 1200” through the 2014-2015 season. Omar Ramos and Matt Moreno have the play-by-play.
Benghazi Security Request Controversy, Presidential Debate Preview, Pennsylvania Voter ID Rule Blocked, and Iran Nukes Threat Among Top News/Talk Stories Yesterday (10/2). Controversy over a report the U.S. consulate in Benghazi requested more security but was denied prior to the attack on the Libyan embassy; Wednesday’s coming presidential debate; a part of Pennsylvania’s voter ID law is struck down; and Iran’s nuclear weapons program were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
Gow Communications to Pay $5.17 Million for KFNC, Houston. The sale of sports talk outlet KFNC, Houston to Gow and Educational Media Foundation that was announced in the spring is coming close to the finish line as David Gow and company should begin LMAing the station Cumulus put into bankruptcy protection as early as September 1. The station – positioned as ESPN 97.7 – is expected to continue to broadcast ESPN programming at least for a while. Gow also operates crosstown sports talk KGOW and Yahoo! Sports Radio and there have been some changes there with Travis Rodgers moving to the early afternoon slot on both KGOW and the national network. KGOW is preparing to debut Adam Clanton and John Wessling in the afternoon drive slot, according to David Barron of the Houston Chronicle. Clanton currently works for KPRC-TV but will wrap up his role with the station this weekend. As for the Yahoo! Sports Radio network, a new PM drive show is being developed and will be announced soon. The network’s Craig Shemon returns to weekends from the midday slot.
Heidi and Frank Return to the Terrestrial Airwaves in Los Angeles. Cumulus Media names Heidi Hamilton and Frank Kramer the new morning show on KLOS, Los Angeles, taking over for Mark & Brian beginning September 4. Brian Phelps surprised the industry last week announcing he would also be leaving the Cumulus classic rocker at the same time Mark Thompson would, although Thompson made his decision to retire public earlier this summer. Cumulus COO John Dickey told TALKERS over the weekend that Brian Phelps was “part of a large consideration pool” of candidates for the new morning program. In announcing “The Heidi and Frank Show,” Dickey states, “After a long and thoughtful search which overwhelmed us with great, established talent and new talent waiting to be discovered both in and out of radio, I couldn’t be more pleased with the selection of ‘The Heidi and Frank Show’ to continue on the tradition that Mark and Brian set in place with 25 years of Hall of Fame radio.” Hamilton and Kramer have been producing an internet radio show since CBS Radio shut down hot talk KLSX, Los Angeles in a format flip. The Frosty, Heidi and Frank program (with Frosty Stillwell) aired there successfully for years. They also worked at KABC after the demise of KLSX. Prior to the KLSX era Hamilton and Kramer hosted the morning show at crosstown Hot AC KYSR. On the new gig, Heidi Hamilton states, “KLOS is rock. KLOS is the definitive iconic rock radio station in the world. It’s one of those stations that evokes a feel good emotion while you’re driving in your car. I’m beyond honored that Frank Kramer and I have been invited to become a part of something so legendary! The ‘Heidi and Frank Show’ fans are second to NONE and I know they will be with us on this long fun ride together.” Frank Kramer comments, “If it would have been any other station than KLOS, I would have said no. We have a huge following across the world and only a station as large and iconic as KLOS could lure us back to radio. To be given this opportunity is an honor and a privilege. With the continued support from my partner, Heidi Hamilton, and the fans that never left us, and the fans waiting for us to return, the next 25 years are going to be one hell of a ride.”
The Battle for Control over Sirius XM Continues and the Momentum Seems to be Shifting in Favor of John Malone’s Liberty Media. Yes, what seemed like an odd story just a matter of months ago has developed into a high stakes big business drama. John Malone and Liberty Media, the company that rescued the merged satellite radio company from burning up in the atmosphere back in 2009 by gobbling up 40% ownership at what has turned out to be a super good deal for them has asked the FCC for approval to take outright control of Sirius XM Radio, noting it plans to raise its stake in the satellite radio company above 50%. The request follows disclosure earlier this week that Liberty, SiriusXM’s largest shareholder, was inching up its collection of shares in Sirius from approximately 46.2% to an aggressively postured 48%. In last week’s filing, Liberty said it will “have purchased sufficient shares of Sirius’s common stock and will convert its preferred shares such that the transfer of control will be completed within 60 days of commission consent.” Raising its stake above 50% and being granted FCC approval to take absolute control opens the way for Liberty to replace Sirius management and spin its Sirius stake off to Liberty shareholders. But would replacing Sirius XM CEO Mel Karmazin be a wise move? Probably not. Although coldly brash and hard-nosed as they come, Karmazin is an extremely effective radio broadcast executive and business strategist who has done a world class job of getting Sirius XM to its present state of health. Reports from inside Liberty indicate that John Malone recognizes that and is giving “Mel” wiggle room to back pedal off his earlier blurts that he wouldn’t work for anyone else. There is a huge lesson here for wannabe broadcast industry moguls (and there sure are a lot of them out there): When you turn to venture capitalists and outside big money investors to save your ass, they will likely wind up owning it.
In Search of the Effective Commercial. There’s a trend away from humorous commercials in radio, according to H-and-H Communications president Al Herskovitz. Research indicates Madison Avenue is questioning the effectiveness of funny ads and, as it applies to talk radio advertising, Herskovitz writes that the “recognizable spokesperson” – read, the talk show host – is much more effective. But there are still problems there that need to be solved. Read Al Herskovitz’s piece here.
Courtside Entertainment’s “Loveline” Clears Tampa Market. Cox Media’s FM hot talker WHPT, Tampa – The Bone – adds Courtside Entertainment Group’s “Loveline” featuring Dr. Drew Pinsky, Mike Catherwood and Simone Bienne for the 1:00 am to 3:00 am slot. “Loveline” becomes part of Cox’s young male-targeted talk outlet that features Bubba the Love Sponge in morning drive and Cowhead in PM drive.
Odds & Sods. Hubbard Radio’s WTOP, Washington hosts a special “school” edition of its “Ask the…” program today at 10:00 am. Mark Seagraves serves as moderator for the commercial-free hour featuring a Q&A session with superintendents and school board officials from Montgomery County, Prince George’s County, Fairfax County and the District of Columbia…..Entercom’s New England sports talk juggernaut WEEI produces the 11th Annual WEEI/NESN Jimmy Fund Radio Telethon beginning today and running through tomorrow. The fundraising extravaganza takes place live from Fenway Park from 6:00 am to 12:00 midnight both days. Last year the event raised more than $3.3 million for the Dana-Farber Cancer Institute…..Nationally syndicated radio host Phil Grande of the “Phil’s Gang” program will broadcast his show live from the Republican National Convention in Tampa next week with broadcasts starting at 3:00 pm ET. Grande will have special guests Donald Trump, Florida Governor Rick Scott and Sarasota Republican Chairman Joe Gruters plus many other guests. In addition, he will have up to the minute news, updates and of course his own commentary. The 2012 Republican National Convention is being held at the Tampa Bay Times Forum August 27-30, 2012.
CBS Radio News Announces Convention Coverage. Dial Global and CBS Radio News will deliver coverage from the two national conventions – the Republican National Convention in Tampa August 27 through 30 and the Democratic National Convention September 4 through 6. Coverage plans include anchored coverage, updates, special reports, special features, and one-on-one interviews with correspondents, pundits and political experts. CBS Radio News states it will “provide expert reporting and analysis, featuring an experienced lineup of respected and award-winning correspondents and commentators, including Howard Arenstein, Pam Coulter, Peter King, Dan Raviv, Peter Maer, Andrew Mollenbeck, Brian Montopoli and Professors Dotty Lynch and Leonard Steinhorn.
Los Angeles Radio Personality Paul Crosswhite Passes Away. Southern California newsman and DJ Paul Crosswhite died on August 17 after a long illness. Crosswhite served as a news person at both KFI and KNX-FM during his career. He also was an evening and morning drive host at KTWV, Los Angeles – The Wave – for 10 years. According to LARadio.com’s Don Barrett, “Crosswhite did news during most of his tenure in Southern California radio and has received Golden Mike Awards for documentary, feature and best newscast. He did news during the glory years of KNX-FM. During the Gulf War, he won the Associated Press Award for best newscast. When he moved to “the Wave,” he gave up news to become a DJ, originally in the evenings and, later, mornings after the female morning drive team collapsed.”
Romney-Ryan Team, Obama Medicare Cuts, Facebook Stock Plummets and Syria Violence Among Top News/Talk Stories Yesterday (8/20). The Mitt Romney–Paul Ryan ticket hitting the campaign trail full-swing; President Obama’s cuts to Medicare; the sagging stock price of Facebook; and the ongoing violence in Syria were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.
Sirius XM Stock Soaring While John Malone’s Liberty Media Inches Toward Control. Yesterday’s $2.55 closing figure was satcaster Sirius XM’s (“SIRI”) best showing in more than four years. That’s the good news for CEO Mel Karmazin and his crew. The worrisome news, however, is the undeniable fact that John Malone’s Liberty Media – the company that rescued Sirius XM in 2009 by investing in 40% of the company at a bargain price – is closing in on acquiring the needed 50.1% ownership that would give it a controlling interest. Subsequent to the 2009 bail out, Liberty has been buying Sirius XM stock on the open market recently purchasing about 90 million shares at around $2.50 each. According to TALKERS sister trade publication Radio-Info, those transactions plus a “forward sale” agreement would bring Liberty’s interest to about 48% creating a behind the scenes radio reality show nail-biter.
Rick Roberts Lands at America’s Radio News Network. Veteran radio talk show host Rick Roberts has been named news co-anchor at America’s Radio News Network. Roberts, also a lawyer, has been heard in his 20 year career on such heritage outlets as KOA, Denver; KCMO, Kansas City; KRLD, Dallas; KOGO and most recently KFMB in San Diego. His is known for a distinctive style of getting the story “behind the story.” Commenting on how pleased he is to be working with ARNN CEO Mark Masters, Roberts tells TALKERS, “He is a man of true vision. Masters’ groundbreaking concept of journalism without agenda is needed in America now more than ever.” America’s Radio News Network, which offers 15 hours of syndicated long-form programming per week is now heard nationally on over 340 affiliates taking one or more of its five three-hour news segments.
Sandusky Scandal Impacts Pennsylvania Radio Station. Political scandal and questionable talk host remarks are not the only form of controversy that impacts spoken word radio’s ability to sell advertising and maintain a balanced competitive image. According to an Associated Press report, after 20 years of faithfully broadcasting Penn State football games to its loyal fandom, talker WAEB, Allentown, Pennsylvania finds itself at a crossroads between airing the school’s upcoming season (which kicks off September 1 against Ohio University) and pleasing the overwhelmingly large percentage of listeners who have let the station know they want to hear the games — while dealing with timid sponsors who are less enthusiastic about being associated with the scandal. Station management states they need about 10 sponsors to fund a full season of Penn State football. Prior to the Jerry Sandusky scandal it was always an instant sellout. So far they only have four.
Odds & Sods. The Minnestota Twins will be moving their live broadcasts from Hubbard-owned 1500ESPN, Minneapolis at the end of the season and begin airing games on KTWN 96.3FM beginning with the 2013 season. Their new radio home is owned by the Pohlad family – same folks who own the team. This is the first time the Twins games will be aired exclusively on FM….None other than President Obama was interviewed on sports talker KXNO, Des Moines to talk sports but Politico reports he snuck in a bit of politics when asked how playing sports was similar to being president stating, “It also turns out that political reporters are a lot like sports reporters. They’ve all got opinions, even if they didn’t play.”….Premiere Networks has launched a new satellite radio talk show featuring lifestyle expert and interior designer Moll Anderson heard Saturdays 5:00 pm to 6:00 pm ET on Sirius XM’s “Talk Radio” XM channel 168…Sports talker WFAN, New York’s annual talent search “Fantasy Phenom 111 Challenge” has narrowed its field to five finalists who will vie for the Grand Prize of a chance to host a once a week air shift on the legendary station for one year. The finals will take place on Friday, August 24 at Bar A in Lake Como, New Jersey. All finalists are New York Metropolitan area locals and were chosen from thousands of fans and listeners who showed up at auditions held at area Simon malls in July as well as online entries.
Obama Leaks, Family Research Council Shooting, Top News/Talk Stories Yesterday (8/15). The ex-Navy SEALS video critical of President Obama for allegedly allowing dangerous leaks involving the shooting of Osama bin Laden and the shooting of a guard at the Washington, DC headquarters of the conservative Family Research Council, followed by the devastating effects of the drought brought on by the heat wave and violence in Syria were the most talked about topics on news/talk radio yesterday according to ongoing TALKERS research.
Finebaum Case Far from Settled Says Cumulus. Contrary to the story published here earlier today (6/1), there is no settlement on the horizon for Birmingham-based sports talk host Paul Finebaum and Cumulus Media in their contract dispute. Cumulus COO John Dickey tells TALKERS the reported agreement that would end the lawsuits each side is filing against other and allow Finebaum to work out his contract at Cumulus’ sports talk WJOX-FM, Birmingham that ends in January of 2013 and then go to work at Cox Media’s crosstown sports WZNN-FM if he chooses are categorically untrue. “He will never work for Cox in Birmingham,” Dickey says. Jefferson County Circuit Judge Robert Vance had asked the two sides to resume negotiations to settle the contract dispute and report to the court by May 30.
Battle for Control of SiriusXM Heating Up. John Malone‘s Liberty Media is again filing a request with the FCC to give it “de facto” control of satellite broadcaster SiriusXM. The Commission denied its first attempt back on May 4 but Liberty has since acquired another 6-plus percent of the company’s stock, pushing its total above 46%. It’s petition for reconsideration with the FCC reportedly contains additional information to the Commission. In a filing with the SEC, SiriusXM states, “We’ve been engaged in discussions with Liberty Media to explore possible transactions with respect to its ownership interest in Sirius, although we have not reached agreement with respect to a specific transaction that would be mutually beneficial to both our common and preferred stockholders. There is no assurance that these discussions will result in any specific action or transaction. We do not expect to disclose developments with respect to these discussions.”
Scott Hennen Turns to Listeners for Funding for WZFG, Fargo. Talk show host and businessman Scott Hennen is exploring alternative sources for funding his purchase of The Flag 1100 (WZFG) in the Fargo market. The Forum of Fargo-Moorhead‘s Marino Eccher reports Hennen has created a program whereby fans become “founding fathers” and buy into one of four clubs – Faith, Family, Freedom, and Free Enterprise – for $1,000 (each club limited to 400 members). He’s seeking a total of 1,600 such “founders” to come up with $1.6 million. Hennen tells the paper he has traditional funding sources but decided to seek less traditional forms of funding after sensing his listeners “desire to be part of something bigger.” These fans will not be shareholders or part owners but instead will have input on the station’s weekend programming, behind-the-scenes updates and $1,000 advertising credit. Hennen tells Eccher Tea Party activist Mark Skogerboe will serve as director of the clubs and be an on-air contributor.
NEW MEDIA SEMINAR/NYC Sold Out but Agenda Keeps Growing. Thursday, June 7 is going to be a big day for talk radio in the Big Apple as some 400 professionals from all aspects of the business converge on the Concierge Conference Center on Manhattan’s East Side for a one-day conference containing the content mass of a two- or three-day convention. “Although we have reached capacity in terms of registration,” explains TALKERS VP/managing editor Kevin Casey, “doesn’t mean the agenda is not continuing to grow.” Casey continues, “This conference has all the aspects of an old fashioned ‘happening’ with a program lineup that is so outstanding, it is attracting a growing number of industry leaders wanting to contribute as speakers and panelists.” According to conference director Michael Harrison, “We attribute the positive response to this event not only its powerful and relevant agenda, but to the fact that it is so efficiently tuned to the times in terms of its affordable registration fee and compact time demands. With another one set for Los Angeles in October, this June 7 event has the convenience of a regional conference while delivering the bang of a major national convention.” Although space is limited for those who will participate in person, the content of this forthcoming NMS which will be video recorded from beginning to end will reach a far wider audience via TALKERS TV in the weeks and months following June 7. For information call 413-565-5413. To see the up-to-the-minute agenda, click here.
WEUS, Orlando to Be LMA’d with Intent to Purchase. Star Over Orlando‘s talk outlet WEUS, Orlando is entering into a deal with MultiCorp International to have the latter’s subsidiary – Rivalz Sports Group – operate the station as a sports talk outlet beginning on July 30 with the intent to buy the signal. MultiCorp intends to change the calls to WRSG and hopes to move the stations operations “within a restaurant facility” so diners can enjoy “a first-class restaurant/media experience.” The company states it hopes to expand this model to other markets.
Dr. Laura Launches Online Jewelry Business. SiriusXM talk show host and talk radio pioneer Dr. Laura Schlessinger unveils her “Dr. Laura Designs,” – an online boutique featuring her personally designed and handcrafted jewelry, glass and polymer clay art. The site offers ready-made items or people can commission custom made pieces. Dr. Laura initially began selling jewelry to assist the “Operation Family Fund,” a non-profit organization that provides financial assistance to families of those who are injured or killed while fighting the war on terrorism, and raised more than $1.5 million. Dr. Laura has had a passion for jewelry – making it and glass art that started when, during a particularly difficult time for her family, her then-little son suggested that a new hobby would be helpful. She states, “I never thought I had one ounce of artistic ability, and couldn’t think of what I could do.” After a listener suggested she visit a local bead fest, she says, “I walked by a table filled with Tibetan ornaments and my brain just exploded with creative images. I bought books on jewelry-making and purchased tools, wire, beads and stones and got started.” Dr. Laura’s program currently airs from 2:00 pm to 5:00 pm ET on the Sirius Stars channel.
Dave Ramsey to Lead NAB-RAB Radio Show Super Session. Nationally syndicated talk radio superstar Dave Ramsey will lead a Super Session at the September 19-21 Radio Show in Dallas being produced jointly by the NAB and RAB. The panel, titled “Succeeding in This Economic Environment,” taking place on Thursday, September 20 at 9:30 am and, as its title implies, will focus on steps radio station operators can take to achieve success in these tough economic times.
Odds ‘n’ Sods. The Society for Professional Journalism and the Radio Television Digital News Association announce registration is open for their September Excellence in Journalism Conference taking place the 20th through the 22nd in Ft. Lauderdale, Florida. The conference offers more than 50 professional development sessions…..Former college football coach Rick Neuheisel (UCLA, Washington and Colorado) joins SiriusXM‘s College Sports Nation channel where he’ll appear on the “College Football Playbook” show and co-host the daily “College Sports Today” show with Mark Packer…..Clear Channel Media and Entertainment‘s WFLA, Tampa begins simulcasting on an FM translator at 105.9 licensed to West Tampa…..Las Vegas-based nationally syndicated talk show host Dr. Daliah Wachs has a small role in an upcoming Showtime reality program. She tells TALKERS, “It’s a one-time small part on a Showtime reality show but it’s a start!” Wachs says it’s super secret and she can’t even tell us the name of the show, yet.
Stormy Times at Fairfax Media. American media companies are not the only ones dealing with difficult financial situations. TALKERS Australia bureau chief Trevor Smith reports on one of Australia’s major talkback radio-formatted operators – Fairfax Media – as it deals with corporate power struggles and underperforming revenue. Read Smith’s entire piece here.
Rusty Among the Politichicks. That’s Talk Radio Network nationally syndicated talk show host Rusty Humphries on the set of the internet TV show “Politichicks.” Humphries appeared with co-hosts Dr. Gina Loudon, Ann-Marie Murrell, Sonnie Johnson, Morgan Brittany on the recent episode titled, “The Fairness Doctrine: There’s Nothing Fair,” to discuss the “current environment of talk radio as well as why conservative talk radio has become a focus of attack by the mainstream media and liberal politicians. At the end of the segment, Rusty was formally honored with the title, “PolitiStud.” It’s obvious to see why.
2012 Presidential Race Top News/Talk Story for Week of May 28 – June 1. The 2012 presidential contest was #1 on the Talkers TenTM chart of the week’s most-talked-about stories on news/talk radio for the ninth week in a row. At #2 this week was the Syria massacre aftermath. Following at #3 was Iran’s nuclear ambitions and at #4 was the Euro zone crisis and the global financial markets’ activities. The Talkers TenTM is based on ongoing research from Talkers magazine and consists of the top stories and people discussed on America’s news/talk radio stations during the week. View this week’s entire chart here.
Crue Visits the Cannons. Motley Crue bassist and host of the Premiere Networks-syndicated “Sixx Sense” radio program, Nikki Sixx (r), is pictured here with Fox Sports Radio‘s “Loose Cannons” co-host Pat O’Brien (l). Fox Sports Radio and Los Angeles Dodgers flagship AM 570 Fox Sports LA (KLAC) invited Sixx to throw out the first pitch at a recent Dodgers game. Prior to the first pitch and Sixx’s appearance on the “Loose Cannons” nationally syndicated program, Fox Sports Radio offered listeners the chance to win travel accommodations and tickets to a stop on this summer’s Motley Crue/KISS tour.