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.
Detroit Talk Radio Legend Frank Beckmann to Retire. Detroit radio personality Frank Beckmann will retire from Cumulus Media’s WJR-AM on March 26, wrapping a 48-year career with the heritage Motor City station. Beckmann has hosted the 9:00 am to 12:00 noon program on WJR for the past 18 years. During his career, he’s broadcast play-by-play for all four of Detroit’s professional sports teams and is credited for creating the market’s first sports talk program, “Sportswrap,” in 1981. Beckmann joined WJR in 1972. In 1981, he succeeded Bob Ufer as the University of Michigan football play-by-play announcer, a position he held for 33 seasons. Beckmann says, “I will be forever grateful to WJR for helping all of my boyhood dreams to come true. As a youngster growing up on the east side of Detroit, I always imagined sitting behind a microphone, announcing Lions and Tigers games. It was surreal for me to actually have been able to do that, along with experiencing the other great opportunities this radio giant known as WJR provided me. I only hope I’ve met some of the expectations of me, and I thank every person I’ve worked for, or with, at WJR… My co-workers and our clients are not only my friends; they are my family. I’d like to thank them, along with our loyal audience. Without their support, I would not have had this run. Finally, I’d like to give thanks to my family: my wife, Karen, son Jon, and daughter Tori, for the selfless sacrifices they’ve made through the years. And now that my professional sunset beckons, and while I say so long to my job, I say thanks to all of you for making my career and life more complete. My best wishes to my WJR colleagues and listeners.”
CES2021: “Eat, Drink, Play, Pay – Will We Ever be the Same?” Like many other events, the Consumer Electronics Show has gone virtual. Confessing that he misses the perennial January in Las Vegas trek, consultant Holland Cooke writes, “This session alone would have been worth the trip!” In today’s column: Data from a recent Harris Poll/MasterCard joint study about the pandemic shutdown’s impact on commerce. Four trends that on-air content should address and our advertisers’ messages should exploit. Read it here.
SRN News and TOWNHALL News Providing Coverage of Impeachment Debate. When the U.S. House of Representatives begins debate today over the Democrats’ Article of Impeachment against President Donald Trump, Salem Radio Network News and TOWNHALL News will provide unanchored, live coverage. SRN News begins coverage at 9:00 am ET and that will continue for an undetermined amount of time. Salem Radio Network says this live coverage is part of the Salem Radio Network’s ongoing commitment to provide O&Os and affiliates with complete coverage of breaking news 24/7.
KFI, Los Angeles Produces New Documentary on Kobe Bryant. Los Angeles news/talk KFI and correspondent Steve Gregory are launching a new iHeartRadio Original News Documentary and Podcast, “The Death and Life of Kobe Bryant.” This two-hour documentary will air Sunday, January 24, from 4:00 pm to 6:00 pm on KFI-AM 640 and will be syndicated across iHeartMedia’s 24/7 News radio affiliates. The limited, eight-episode companion podcast will also debut on January 24 and be distributed via the iHeartPodcast Network and can be heard on iHeartRadio and everywhere podcasts are available. It includes interviews and audio excerpts from live news coverage surrounding the helicopter crash that killed Bryant, his daughter and several others and will explore the void Bryant’s death left in the business world and the Black community. Exclusive program content also includes the NTSB’s investigation and controversies surrounding the incident, including illegal photos taken at the crash site by law enforcement. “The Death and Life of Kobe Bryant” is produced and hosted by award-winning journalist Steve Gregory. The series is co-produced by the KFI-AM 640 news department, Jacob Gonzalez, and Eric Sklar.
Entercom Study: Audio Has Highest Consumer Engagement Level. A recent study by market research firm Alter Agents and neuroscience experts at Immersion, commissioned by Entercom, concludes that audio content connects and engages audiences at a much deeper level than other media types, forming emotional connections and capturing attention. Entercom is presenting the results of the study during a session at the virtual CES2021 show this week called “Amplified Audio Defining Engaged Impressions.” Entercom SVP, research and insights Idil Cakim says, “In an uncertain world, and a cluttered media environment, people are seeking new experiences and looking for mediums that provide trust and certainty. Our study found that audio not only captures attention and moves people on an emotional level, but also inspires action through a sense of community and belonging.” The study consisted of a survey of a nationally representative population of adults, coupled with a neuroscience study by Immersion of individuals from the major U.S markets of Chicago, New York and Los Angeles. Alter Agents compiled the data to result in an examination of consumer experiences with audio versus various other mediums such as TV, video, social, and pureplay platforms. The primary metric tracked in the study was immersion, a scientific measure of emotional connection and attention. Audio was found to have the highest level of immersion among all the platforms with a score of 57 out of 100. Entercom says additional key findings included that consumers are listening to or watching seven different media platforms in a given week; one-third of broadcast over-the-air listeners have taken action after hearing an advertisement or a host recommendation as part of a commercial or an audio show; and local audio content and host trust are the largest influencers of listenership.
AWMF Announces New Categories and Extended Deadline for 2021 Gracie Awards. The Alliance for Women in Media Foundation announces that the deadline to submit entries for the 46th Annual Gracie Awards at the regular rate has been extended until January 21. AWMF is also offering a further extended deadline of January 28 at an additional cost. The Gracie Awards, presented by the Alliance for Women in Media Foundation, celebrate programming and individual achievement by, for and about women in television, radio and digital media. Submissions from all facets of media are encouraged. The AWMF says that because of the tireless work and bravery of journalists covering the unprecedented events in the first two weeks of 2021, it has added 10 new categories specifically dedicated to January 2021 Frontline Special Reports for on-air talent and programming in television, radio and digital media. See the categories here. AWMF executive director Becky Brooks comments, “We know the circumstances of the past year led to delivering content to audiences in ways we never expected, which is why we are more committed than ever to honoring the remarkable work that has been created by, for and about women. As our biggest fundraiser of the year, the Gracie Awards enable the Alliance for Women in Media Foundation to deliver on its promise of furthering the connection, education and recognition of women in media, even during turbulent times.” The Gracie Awards Gala, previously scheduled for May 2021, has been postponed to September 20, 2021, and the Gracie Awards Luncheon, previously scheduled for June 2021, has been postponed to July 21, 2021.
TALKERS News Notes. Fresno news/talker KMJ-AM/FM helped raise more than $30,000 to combat human trafficking on Monday (1/11) – Human Trafficking Awareness Day in the U.S. The Cumulus Media station partnered with local non-profit Breaking The Chains for the fundraising event. KMJ general manager Patty Hixson says, “Our loyal listeners always amaze me how they generously step up for great causes, especially one like human trafficking which has brought so much heartbreak and violence into our community. Well done! We will not stop fighting.”…..At next week’s NobleCon17 – Noble Capital Markets’ Seventeenth Annual Investor Conference taking place on Tuesday (1/19) – Townsquare Media chief executive officer Bill Wilson will deliver a presentation at approximately 4:30 pm ET. The conference is virtual, with no cost, obligation or restrictions to attend…..CUMULUS MEDIA’s Westwood One – the official network radio partner of the NCAA – unveils its 2020-2021 broadcast schedule for coverage of 20 regular season men’s basketball games that begins with tonight’s Texas Tech at Texas contest and ends with the Final Four and National Championship games on April 3 and 5, 2021…..Cadence13, a part of Entercom’s Podcast Network, announces a partnership with bestselling author Sarah Knight for a weekly podcast based on her No F*cks Given Guides self-help book series (The Life-Changing Magic of Not Giving a F*ck, etc.). Her “No F*cks Given” podcast is a series of 30-minute episodes on topics ranging from getting organized and surviving the daily grind to making big life changes and improving your relationships with family and friends that debuts on January 26…..AdLarge Media makes its first foray into the international market in an agreement with The Podcast Exchange for exclusive Canadian ad sales representation of its cabana podcast portfolio. AdLarge co-CEO Cathy Czukas says, “Working closely with the team at TPX, we are opening the door to international revenue for cabana podcasts. We’re enthusiastic about the opportunities this brings to our podcast partners.”
Trump Impeachment/25th Amendment Push, Capitol Attack Investigation/Arrests, State Capitals Increase Security, COVID-19 Stats & Vaccines, Social Media and “Free Speech,” and U.S. Executes Lisa Montgomery Among Top News/Talk Stories Yesterday (1/12). The U.S. House plans to move forward with Articles of Impeachment against Donald Trump in the absence of invoking the 25th Amendment by Mike Pence; the federal investigation into the assault on the U.S. Capitol and the arrests of some of those involved; state capitals across the country prepare for possible future attacks; the fast-rising number of COVID-19 cases in the U.S. and the rollout of the vaccines; YouTube joins Twitter and Facebook in banning Donald Trump plus the battle between Parler and app stores as Americans debate the concept of “free speech”; and the U.S. executes Lisa Montgomery, the first woman to be executed in 70 years were some of the most-talked-about stories on news/talk radio 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 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, “Responsibility, Integrity, and Credibility,” looks back at this past week of January 4-8, 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 doctor; Erick Erickson, talk show host, WSB, Atlanta / talk show host, regional syndication; Joe Madison, talk show host, SiriusXM Satellite Radio; Anne Eller, talk show host / station owner, WCRS, Greenwood, SC; and Victoria Jones, executive director, DC Radio Company. This acclaimed news/talk radio show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; WVLY, Wheeling, WV; WTRW-FM, Scranton/Wilkes Barre, PA; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; WGDJ, Albany, NY; WJFN-FM, Richmond, VA; WZFG, Fargo; KTGO, Tioga, ND; KWAM, Memphis; K-NEWS, San Luis Obispo; WCHM, Clarkesville, GA; WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; WIZM-AM/FM, La Crosse, WI; the Virginia Talk Radio Network; CRN Digital Talk Radio 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.
KMJ, Fresno’s Ray Appleton Under Scrutiny for “Hanging” Comment. Fresno talk radio host Ray Appleton – heard daily from 11:00 am to 2:00 pm on Cumulus Media’s news/talk KMJ-AM/FM – is being taken to task, at least by the Fresno Bee, for saying on his program that “certain news editors should be hanged… maybe.” Appleton’s comment came during a monologue in which he complained about the media’s coverage of the attack on the U.S. Capitol compared to coverage of protests and riots in Portland and other cities, implying that reporting on those events was more sympathetic. He posted a clarification to his Facebook page that was later removed. In it, he says the comment was “clearly tongue in cheek.” On his program Thursday, he said, “So if you were upset by that, I didn’t mean it. I humbly apologize. I’m not talking about taking every news editor and hanging them. I mean, come on. Get with it.” The Bee reports that a call to KMJ for comment on Appleton’s comment was not returned.
Del Colliano: Cumulus Corporate Flips on Election Talk Mandate. According to InsideMusicMedia publisher Jerry Del Colliano, who cites an internal memo from Cumulus Media EVP of content Brian Philips, the company did an about-face on Wednesday as the assault on the Capitol building was taking place in Washington, DC. Del Colliano says that contrary to what many of the company’s talk hosts were saying up to that point about the legitimacy of the election results, Philips’ memo ordered all Cumulus and Westwood One personalities not to continue presenting any illegitimacy claim. He wrote, “We need to help induce national calm NOW. Cumulus and Westwood One will not tolerate any suggestion that the election has not ended. The election has been resolved and there are no alternate acceptable ‘paths.’” He adds, “If you transgress this policy, you can expect to separate from the company immediately.” Del Colliano writes, “Some employees felt the sudden change in direction was so onerous that it in effect dictated what air talent could not broach on the air even after many years of tolerating if not encouraging controversial political talk for the purpose of increasing ratings.”
WFAN, New York Debuts Craig Carton-Hosted Gambling Addiction Program. The program is titled, “Hello, My Name is Craig,” and will air on WFAN-AM/FM, New York on Saturday mornings at 9:30. The 30-minute program is being hosted by Craig Carton and is being presented by 1-800-GAMBLER. In the program, Carton will “drive candid conversations with listeners about different aspects of gambling and provide resources and outlets to those seeking help or looking for ways to help their loved ones.” Former New Jersey governor Chris Christie will be a regular contributor and the program will feature various guests to share stories of indulgence, falls from grace, and the fight to overcome gambling addiction. Guests will include medical and therapy experts, members of the 1-800-GAMBLER team, founders of rehabilitation treatment centers, and more. Entercom New York SVP and market manager Chris Oliviero says, “Legalized gambling is a growing part of the modern sports experience and the everyday fans’ conversations. Our obligation and commitment are to serve not only the audience that can responsibly enjoy these gaming elements, but also in a meaningful way help those, like Craig, who have an addiction. With Craig’s voice and unique perspective, along with outstanding partners and the influence of the WFAN platform, we will do just that.” Carton adds, “Each week, we will tackle different aspects of what for some is a fun recreation but for others is an addiction that forever alters and sometimes ends lives. The show will be a raw and revealing look into the fastest-growing vice in the country and I look forward to providing my first-hand perspective for both those dealing with the grip of their gambling compulsions as well as the loved ones in their lives.” Carton, who hosted mornings on WFAN with Boomer Esiason from 2007 to 2017, was convicted of fraud he perpetrated in order to pay off gambling debts. He served a year of a three-year sentence in prison. He returned to WFAN this fall to host the WFAN afternoon show with Evan Roberts.
WCCO-AM, Minneapolis Talk Host Dave Lee Announces Retirement. WCCO-AM, Minneapolis morning drive personality Dave Lee announces he’ll retire from the Entercom news/talk station at the end of April. Lee joined the station in September of 1989 from KFGO, Fargo where he was program director and afternoon drive personality. He first joined the station as a weekend and fill-in host and gradually became part of the Charlie Boone and Roger Erickson morning show. Lee took over sole hosting duties of the morning show in 1997. During his career he’s also done play-by-play for the Minnesota Gophers and he filled in as a Minnesota Twins announcer from 1991 to 1996. He continues to do play-by-play for the television broadcasts of the Minnesota State High School Boys and Girls basketball tournaments, while serving as the radio voice of the University of St. Thomas football on WCCO. He’s been named Minnesota’s Sportscaster of the Year six times and has won three Emmys for his television work.
“Free Talk Live” to Migrate from GCN to Talk Media Network. “Free Talk Live” co-founder Ian Freeman announces that his New Hampshire-based, nationally syndicated program will move from current syndicator Genesis Communications Network to Talk Media Network, effective January 18. Freeman says that while GCN has been “a great radio syndication partner” since 2004, for a few reasons (some of them technical) he’s made the hard decision to sign up with TMN. He says, “Talk Media Network is, like GCN, an affiliate-focused network. They don’t have makegoods or cramdowns or other undesirable, unfriendly corporate syndication crap. TMN’s CEO Josh Leng came up through the industry and has himself been a successful talk radio programmer. He knows what it’s like in the trenches and has built his company with the desires of radio stations and programmers in mind. Over the years, we’ve gotten to know Josh and I appreciate his passion for radio.” Freeman continues, “TMN’s also an interesting new take on a syndicate – they don’t have a network studio. Their shows feed directly to Westwood One’s uplink facility. That means that TMN’s overhead is reduced and the potential for failures is lower. It also means we had to start producing our show 100% from the FTL studio, which was no problem, since I’ve had that capability here for years but never used it until now. Since we’re now fully in charge of our program content, phones sound better and our feed on XDS should be a little higher quality as the audio won’t be re-encoded and re-processed at the network studio, since there isn’t one… We will stay on GCN for some time in order to give our stations plenty of time to make the jump. I’m grateful to the crew at GCN for their professionalism and support over the years and especially now. I don’t ever want to burn a bridge and I have nothing but respect and appreciation for Ted, George, Adam, and the rest of the crew there and wish them only the best.”
SportsGrid Content to Air on SiriusXM. There’s a new sports betting-oriented channel on SiriusXM as the satellite broadcaster inks a deal with SportsGrid. The new SportsGrid Radio channel will feature personalities including Scott Ferrall, Gabe Morency, Ariel Epstein, and Jared Smith plus expert contributors and guest analysts. The channel streams live from its production facilities adjacent to New York’s Madison Square Garden and at the Meadowlands inside the FanDuel Sportsbook. SportsGrid says its real-time reporting includes the daily odds, lines, matchups, injury reports, news and more across pro football, basketball, baseball, hockey, college sports, golf, tennis, and soccer.
iHeartMedia Completes Warrant Exchange for Stocks. The company announces that it has completed an exchange of iHeartMedia Warrants (financial instruments that give the holder the right to buy underlying shares at a specific price on or before a specified date) into shares of iHeartMedia Class A Common Stock, the Company’s publicly traded equity, or Class B Common Stock. The company reports that as of December 31, 2020, there were approximately 65 million shares of Class A Common Stock, 7 million shares of Class B Common Stock, and 75 million Warrants outstanding. Following the exchange, there will be approximately 110 million shares of Class A Common Stock, 29 million shares of Class B Common Stock, and 7 million Warrants outstanding. The exchange was authorized by a previously issued Declaratory Ruling from the Federal Communications Commission approving an increase in iHeartMedia’s authorized aggregate foreign ownership from 25% to 100%. Certain shares of Class B Common Stock and Warrants were not converted into Class A Common Stock due to current regulatory restrictions applicable to certain shareholders. iHeartMedia expects additional conversions of Class B Common Stock and Warrants into Class A Common Stock.
Attack on Capitol Building Top News/Talk Story for Week of January 4-8, 2021. Wednesday’s assault on the Capitol Building in Washington by hundreds of Donald Trump supporters was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was Donald Trump’s continuing denial of the election results combined with his phone call to the Georgia Secretary of State seeking to overturn his loss there. Coming in at #3 was Tuesday’s Georgia runoff election that saw both Democrats beat their Republican opponents. 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.