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Thursday, October 14, 2021

| October 14, 2021

Ramsey Solutions’ Borrowed Future Premieres Today; Teachers Given Free Access to Share with Students. The student load documentary produced by Ramsey Solutions is being released today (10/14) and the company is offering every teacher in the U.S. free access to the film. Borrowed Future: How Student Loans Are Killing the American Dream is produced by Dave Ramsey and is now available on Amazon Prime Video, Apple TV and Google Play. Ramsey Solutions says the film uncovers the dark side of the student loan industry and exposes how it’s built to work against borrowers. Dave Ramsey – CEO of Ramsey Solutions, host of “The Ramsey Show,” and executive producer of the film – comments, “It’s ironic to me that the dumbest decisions we make as a society are related to education, of all things. Student loans are not the only way to get a degree. Young people need to know all their options instead of settling for student loans because it’s ‘normal.’ Normal is broke.” The main subjects of the documentary are college graduates who owe between $9,000 and $1 million in student loans, a debt-free college graduate, and high school students who haven’t yet questioned the norm of student loans – until now. Borrowed Future is directed by David DiCicco and features experts such as Seth Godin, Dave Ramsey, Seth Frotman, Kristina Ellis, Dr. John Delony and Anthony ONeal, as well as the CEO of the mikeroweWORKS Foundation, Mike Rowe. See more about Borrowed Future here.

Audacy Offers $45 Million in New Notes to Fund ‘Small Digital Acquisition.’ A subsidiary of AudacyAudacy Capital Corp – plans to offer, subject to market conditions and other factors, $45 million in aggregate principal amount of the Issuer’s 6.500% senior secured second-lien notes due 2027. Audacy says it is in the process of completing a small digital acquisition for approximately $40 million and expects to fund this acquisition through a draw on the Issuer’s revolving credit facility. This acquisition is expected to close in October 2021, subject to customary closing conditions. Audacy intends to use the net proceeds from this offering (after deducting discounts and commissions and paying offering-related expenses) to repay outstanding amounts under the Issuer’s term loan to offset the impact of the revolver draw. This offering is not conditioned upon the consummation of the acquisition, nor is the acquisition conditioned on the consummation of this offering. The Additional Notes are being offered as additional notes under an existing indenture, dated April 30, 2019, pursuant to which the Issuer previously issued $425 million in aggregate principal amount of its 6.500% senior secured second-lien notes due 2027. The Additional Notes will have identical terms (other than issue date and offering price) as the Existing Notes. The Additional Notes will be fully and unconditionally guaranteed on a senior secured second-lien basis by each direct and indirect subsidiary of the Issuer that guarantees the Issuer’s senior secured credit facility. The Notes and the related guarantees will be secured on a second-priority basis by liens on substantially all of the assets of the Issuer and the guarantors. The Additional Notes will be offered in a private offering exempt from the registration requirements of the U.S. Securities Act of 1933 and will be offered and sold only to persons reasonably believed to be qualified institutional buyers.

NAB’s Marconi Awards to Happen Virtually; Radio Show to Merge with NAB Show Permanently. With the cancellation of the in-person NAB Show this fall, the
National Association of Broadcasters announces the presentation of the 2021 NAB Marconi Radio Awards and the State of the Industry Address by NAB president and CEO Gordon Smith will take place virtually on November 10 at 2:00 pm ET via NAB.org/watch. At the same time, NAB announces that going forward, the annual Radio Show will be integrated into the NAB Show beginning in April 2022 in Las Vegas. NAB says, “This change provides more opportunities in one location for radio professionals and elevates radio in the larger media ecosystem represented at NAB Show.” NAB adds that the integrated event in Las Vegas will feature signature awards, networking events and a comprehensive conference program, including popular sales and marketing sessions presented by the Radio Advertising Bureau. RAB president and CEO Erica Farber comments, “It’s important that we continue to bring radio professionals together to network, celebrate audio and engage in meaningful discussions around the future of our industry.” Salem Media Group president of broadcast media and NAB joint board chair David Santrella states, “In today’s world where radio companies are essentially multimedia companies, the value in attending NAB Show cannot be overstated. We are now streaming and podcasting and even producing video. NAB Show provides unparalleled access to the critical tools, knowledge and connections we need to grow and thrive in today’s media business.”

Nielsen: AM/FM Radio Listening Near its Highest Point in a Year. Results from Nielsen’s ongoing Audio Consumer Sentiment survey that addresses current American feelings about the COVID pandemic and how it impacts their lives have been released and they indicate that nearly nine in 10 (86%) say they are spending the same amount or more since the Delta variant emerged. Despite the Delta variant and increasing COVID cases in the summer, more than eight in 10 (82%) don’t think their own financial situation will change in the coming months. Also, radio’s average quarter-hour (AQH) audience trend is up 4% year over year, with 7.5 million people age 12+ listening during an average quarter-hour in PPM Markets in September 2021. Radio’s reach trend is stable. Radio reached 121.5 million consumers in PPM markets during an average week in September 2021. In Continuous Diary Measurement markets, Radio’s reach and AQH audience have been remarkably stable during the past year. The study finds that seven in 10 working Americans now work outside the home – an 80% jump since April 2020. The gain in those who work outside the home is a key statistic for audio since consumers spend more time with radio when they travel in vehicles to get to work or shop. There were also big gains in the area of transportation. Overall, nearly a third (31%) are spending more than an hour in their vehicles yesterday compared with 14% in April of last year. That’s a two-fold increase, and heavy radio listeners are far more likely to spend more time in their vehicles. In September, 55% of heavy radio listeners spent more than an hour in their vehicle yesterday.

Warren Eckstein’s ‘The Pet Show’ to Celebrate 40 Years on Air. In November, Warren Eckstein will celebrate the 40th anniversary of his radio program “The Pet Show with Warren Eckstein.” His program is syndicated nationally via Radio America. In addition to his work as a pet behaviorist and TV-radio personality, Eskstein founded the Hugs & Kisses Animal Fund – a  not-for-profit organization in memory of his late wife, Fay. Its mission is to fund hundreds of small animal organizations across the U.S. The Hugs & Kisses Animal Fund aims to be the outsourced fundraising arm for small animal rescues when other financial resources are unavailable. Speaking about his show, Eskstein says, “Unlike most talk radio shows, my focus is on the listeners and callers. I rarely do interviews, because for 40 years, pet guardians are calling with questions they need answers to. My show has listeners with four generations of pets. We’ve laughed together and cried together. There is a level of trust the show has built with my audience – they know I will never endorse a product unless I personally use it for my pets. My reputation is on the line with every show.”

CBS News Honored with Four Honors from New York Festivals 2021 Radio Awards. The winners of the New York Festivals 2021 Radio Awards have been announced and CBS News earned four honors in this year’s competition. “The Debrief with Major Garrett” took home the Gold Award in the News Podcast category; “Mobituaries with Mo Rocca” earned a Silver Award in the Narrative/Documentary Podcast category; “My Life of Crime” from “48 Hours” correspondent Erin Moriarty was a finalist in the Narrative/Documentary Podcast category; and “Century of Sound” was a finalist in the Best Nonfiction Series category.

TALKERS News Notes. Imaging firm Benztown promotes Thomas Green to director of custom imaging and appoints Royce Stevenson to the custom imaging manager role that Green held prior to his promotion. With Benztown since 2019, Brooklyn, New York-based Green is the audio producer for National Geographic’s FYC Podcast “The Making Of.” Stevenson joins Benztown from Audacy’s KDGS-FM, Wichita “Power 93.5” where he was most recently assistant brand manager and music director…..KMG Utopia Studios, TalkShoe, and Mark Krantz Productions announce that award-winning actor Joe Pantoliano and his daughter Daniella Pantoliano are kicking off season two of their popular podcast, “No Kidding? Me Too!” at Advertising Week NY 2021 with a live Q&A on Monday, October 18 at 4:30 pm ET and a virtual session on Tuesday, October 19 at 2:00 pm ET. The two will conduct an intimate interview with Kelly Carlin – author, performer, and life coach – the only child of comic legend George Carlin. She’ll share her family’s struggle with mental health, addiction, and healing. Joe Pantoliano says, “We are thrilled to bring this important conversation to Advertising Week. It is important for us to collaborate with brands and advertisers on the increasing intensity of brain Dis-Ease, the co-occurring nature of addiction, and how to discover a recovery process. This is a perfect opportunity to raise the volume on recovery.”…..Stitcher announces its acquisition of “The Bellas Podcast” hosted by sisters, WWE Hall of Fame Inductees, TV personalities, and best-selling authors Brie and Nikki Bella. Before going on hiatus in spring 2021, “The Bellas Podcast” was part of the Endeavor Audio network. As it relaunches, hosts Brie and Nikki will produce the show with support from Stitcher.

Former Baltimore Talk Host Alan Christian Dies at 81. The Baltimore Sun has the obituary for Alvin Eugene Christian Jr., a.k.a. Alan Christian, who hosted talk radio programs on Baltimore radio stations during the 1970s and 1980s.  Christian died on October 5 at age 81 after suffering from heart complications. During his career, Christian hosted talk shows on WBAL-AM, WERQ-AM, and WFBR-AM. His radio career launched in 1967 when he joined Metromedia Radio News to cover the Pentagon and the 1968 presidential campaign before being promoted to Washington bureau chief. He joined WCBM-AM in 1971 and moved to WBAL in 1974 to host “The Alan Christian Show.” At the end of his radio career, he hosted a weekly show on WERQ from 1992 to 1993 before retiring.

Supply Chain Crisis, Oil Prices/Inflation, SS COLA, COVID-19, Debt Ceiling/Biden Spending Bills, January 6 Investigation, China’s Taiwan Aggression, and Jon Gruden Case Among Top News/Talk Stories Yesterday (10/13). The broken global supply chain’s effect on the U.S. economy; near-record high oil prices and the inflation affecting retail prices; Social Security announces cost-of-living increases for monthly recipients; the rate of COVID-19 cases in the U.S. and the controversy over mask & vaccine mandates; the battle in Congress to raise the debt ceiling and the negotiations over President Joe Biden’s $1 trillion infrastructure bill and the $3.5 trillion reconciliation bill; the investigation into the January 6 Capitol attack; China’s continuing military aggression against Taiwan; and NFL coach Jon Gruden resigns from the Raiders due to racist emails were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Tuesday, August 17, 2021

| August 17, 2021

Ramsey Solutions’ Film Borrowed Future Debuts on October 14. The first documentary film from Ramsey Solutions will premiere on digital platforms on October 14. Titled, “Borrowed Future: How Student Loan Debt Is Killing the American Dream,” and produced by Dave Ramsey, it “uncovers the dark side of the student loan industry, exposes how it’s built to work against the 45 million Americans currently in debt for their education, and shows that it’s possible to beat the student loan system.” The film is directed by David DiCicco and features experts such as Seth Godin, Dave Ramsey, Seth Frotman, Kristina Ellis, Dr. John Delony and Anthony ONeal, as well as CEO of the mikeroweWORKS Foundation, Mike Rowe. The main subjects of the documentary are college graduates who owe between $9,000 and $1 million in student loan debt, a debt-free college graduate, and high schoolers who haven’t yet questioned the norm of student loans. DiCicco says, “This film is a warning for kids and teenagers who aren’t victims of the student loan industry yet. I want viewers to walk away from this film with eyes wide open to the true cost of student loans. Teens need to know that they can have the American Dream — they just shouldn’t listen to America on how to get it.” Dave Ramsey adds, “The student loan problem is out of control, and it’s messed up millions of lives. Smart young people got sucked into a false narrative about what success looks like, and it’s left them paralyzed. It’s time to call the student loan industry what it is: an epic failure.” See more about the film here.

Phil Valentine Update: Family Says He Remains in ‘Grave Condition.’ The status of WWTN-FM, Nashville “SuperTalk 99.7” afternoon drive talk host Phil Valentine has not improved as his family provided an update last night (8/16) asking his fans to “pray for a miracle” as he remains in “grave condition.” Valentine contracted COVID-19 in mid-July and initially Valentine told his listeners that while he was pretty sick, he believed he was “on the other side of it.” His family revealed on July 22 that he’d been hospitalized and was eventually put on a ventilator due to his suffering from COVID pneumonia. Although Valentine had expressed concerns over the safety of the vaccines and disagreed with mask mandates, his family says he was never an “anti-vaxxer,” but he does regret not being more “pro-vaccine.” His family is urging his fans to get vaccinated.

Salem Media Group Promotes Jamie Cohen to SVP of Broadcast Digital. Digital media pro Jamie Cohen is promoted to senior vice president, broadcast digital for Salem Media Group. The company says that in his new role he’ll oversee all aspects of the digital operations for Salem’s local and national/network digital efforts. Salem Broadcast Media president David Santrella comments, “Jamie has done a tremendous job building Salem’s digital enterprise for our local stations. Overseeing all aspects of our digital operations, both locally and nationally, will open more channels of opportunity and unify our efforts in reaching our audiences through digital avenues and monetizing our digital assets.” Cohen says, “I’m proud of the progress we’ve made and am bullish on our future. With the emergence of platforms like Salem Now, the Salem Podcast Network and other innovations, our audience has never been bigger. We have an amazing opportunity ahead of us and I can’t think of a better place to be.”

Phil Cianciola to Host Mornings on WOSH-AM, Oshkosh. Radio pro Phil Cianciola is named morning drive host for Cumulus Media’s WOSH-AM, Oshkosh, Wisconsin “NewsTalk 1490,” effective August 23. The station says, “It is important for WOSH that we retain a local voice in mornings and provide a show that will be uniquely Oshkosh. We wanted to find someone who would get what Oshkosh and the Valley are all about and would be able to entertain our listeners while also providing the news and community information that matters most. That’s a lot to ask of someone, but we’re confident that Phil fits our needs perfectly.” During his career Cianciola has served at Milwaukee news/talk outlets WISN and WTMJ. He comments, “I believe in LOCAL radio. The magic of radio is the relationships we build with listeners over the air. It’s all I’ve ever done. I guess you could say radio is in my blood.”

Brian Hauswirth Named News Director at KSSZ-FM, Columbia, Missouri. News pro Brian Hauswirth joins Zimmer Communications to serve as news director for news/talk KSSZ-FM, Columbia, Missouri “93.9 The Eagle.” In this role, he becomes the newest member of the “Wake Up Columbia” morning drive program. Zimmer Communications operations manager Jeremy Washington states, “We’re thrilled to have Brian Hauswirth be part of our Zimmer News Network. Brian shares our vision for excellence in broadcasting and will strongly enhance our award-winning local news coverage in Mid-Missouri.” Hauswirth most recently served with Missourinet where he was a senior capitol reporter, covering the Missouri statehouse in Jefferson City. His radio station experience includes time spent working at KMZU, Carrollton; KTRS, St. Louis; and KRES-KWIX, Moberly. In addition to his new role, Hauswirth will continue his 23rd season as a college football scoreboard host at Learfield, where he handles the updates for five major colleges across the nation, including Mizzou, Alabama, Texas Tech, Purdue, and Wyoming.

Audacy and Urban One Enter into Digital Platform Relationship. A content distribution partnership between Audacy and Urban One will put audio from the latter’s 57 stations in 13 markets onto the Audacy digital platform. Audacy VP of business development Corey Podolsky comments, “This partnership underscores our unwavering commitment to amplifying diverse voices and delivering premier audio content to the communities in which we serve. We’re delighted to unite with a power player in the audio space to expand and enhace our content offering and add dozens of dynamic brands to our library.”

iHeartMedia Launches Progressive Podcast Network Cool Zone Media. The launch of Cool Zone Media will highlight “vital voices often overlooked in today’s rapidly changing political landscape,” according to iHeartMedia. The progressive podcast network is being powered by investigative journalist and podcaster Robert Evans. The company says Cool Zone Media will provide an “in-depth look at topics including climate change, the Capitol insurrection, and uncovering QAnon – offering listeners a place unique from others in the political sphere by melding media and politics with storytelling.” The network debuts with the first episode of the new daily podcast, “It Could Happen Here,” that focuses on climate change and picks up where Evans’ 10-episode weekly podcast by the same name left off. Evans, who is serving as the head of content for Cool Zone Media, will be joined by the iHeartPodcast Network’s executive producer, Sophie Lichterman, who will become Cool Zone Media’s head of creative, to help curate and elevate other vital voices in today’s progressive political landscape for the network.

TALKERS News Notes. Canton radio stations WHBC-AM “News/Talk 1480” and WHBC-FM “Mix 94.1” wrapped their 14th Annual Aultcare Wish-a-thon to benefit Wishes Can Happen on Friday August 13 and the Alpha Media outlets helped raise a record $334,928. The charity grants wishes to children with severe and terminal illnesses in Northeast Ohio. The record number was an increase of almost $145,000 over last year’s event, thanks in large part to the many businesses, individuals and foundations who stepped up…..PodcastOne announces it has secured the exclusive sales and distribution rights for B-Real’s “Dr. Greenthumb” podcast and the sales rights to the show in its vodcast form. “Dr. Greenthumb” launched in January of 2020 as a program dedicated to all things entertainment, music, and cannabis and now has more than 300 recorded episodes to date that include guests such as Tommy Chong, George Lopez, Tony Hawk, Matt Barnes, John Sally and Ricky Williams. B-Real says, “PodcastOne has set the bar for what podcasts have become. With their amazing roster of shows, best-in-class distribution and advertising approach, there is no other platform for the ‘Dr. Greenthumb’ podcast. I am excited to partner with Norm Pattiz and the PodcastOne family.”…..Pictured below are staffers from the Audacy Greenville-Spartanburg, South Carolina operations celebrating their honors from the 2021 State Television and Radio (STAR) Awards presented by the South Carolina Broadcasters Association. News/talk WYRD-FM “106.3 WORD” was honored with four STAR Awards including: Radio Station of the Year, Radio Personality of the Year (Tara Servatius), Best News Talk Show (Tara Servatius), and Production PSA.

Benztown West Coast Commercial Production Director Jeff Kelly Dies at 50. The company announces the untimely death of Jeff Kelly, who had joined Benztown in January as West Coast Commercial Production Director. Kelly passed away unexpectedly on August 13 at the age of 50. He and his fiancé had recently moved to L.A. to work with the Benztown team in its Glendale studios. Benztown president Dave “Chachi” Denes says, “We are deeply saddened we were not able to spend more time with Jeff and we will miss him very much. Jeff was incredibly energized and excited about working for Benztown and his recent move to L.A. from Albuquerque, and his positive attitude and tremendous talents were inspiring. His production, writing and VO skills were among the very best in the business and I am incredibly grateful for his contributions to our company, the Commercial Production Department and YamanAir.”

Biden on Taliban in Afghanistan, COVID-19 Stats & Mandates, New Trump Book, Western Drought/Wildfires, and Newsom Recall Among Top News/Talk Stories Yesterday (8/16). President Joe Biden defends his Afghanistan pullout amidst the Taliban’s resurgence and the social chaos; the rate of COVID-19 cases in the U.S., the rate of vaccination, and mask mandates for schoolchildren; the new book from Bob Woodward and Robert Costa titled, Peril, that chronicles the final days of the Donald Trump administration; the drought and wildfires plaguing the U.S. West; and the recall election of California Governor Gavin Newsom heats up were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.