Tag: "KSTE-AM"

Tuesday, February 23, 2021

| February 23, 2021

Cumulus Media Reports 2020 Q4 Net Revenue Down 13.9%; Net Revenue for Full Year of 2020 Declines 26.7%. The second major radio company to report financial figures from the fourth quarter and the full year of 2020 (Beasley was first back on February 10), Cumulus Media reports net revenue of $245.8 million for the fourth quarter – a decline of 13.9% compared to the same period in 2019 – and full year 2020 net revenue of $816 million, down 26.7% from $1.1 billion reported in 2019. For Q4, Cumulus posted a loss of $249,000 a year after 2019’s Q4 income of $1.6 million. For the full year of 2019, the company posted a loss of $57.9 million compared to 2019’s full year income of $62.2 million. On the positive side, Cumulus reports that quarterly revenue improved sequentially from Q2 to Q4, both in total and excluding political; it achieved 9.4% year-over-year digital revenue growth (12.1% on a same station basis), driven by podcasting growth of nearly 40%; it generated $33.2 million of cash from operations for the full year; it completed two significant M&A transactions generating aggregate gross proceeds of $282 million; paid down $54.3 million of term loan and retired $47.2 million of senior notes; and finished the year with $271.8 million of cash on hand (an increase of $256.6 million compared with December 31, 2019). President and CEO Mary Berner comments, “Given 2020’s extenuating circumstances, I am extremely proud of the company’s performance and the efforts of the entire Cumulus team to meet the challenges posed by COVID-19. In the face of the pandemic, we maximized revenue performance, materially reduced expenses, generated cash through strong working capital management, and executed highly accretive divestitures that strengthened our balance sheet. As a result of these efforts and with a recovering economy, we believe that we are well-positioned to return our business to its pre-pandemic trajectory and to capitalize on strategic and financial options to best drive shareholder returns.”

Chad Benson Welcomes New Affiliate Stations. The Radio America-syndicated “Chad Benson Show” welcomes four new radio stations to its roster of affiliate stations: WP Broadcasting’s news/talk KRSY-AM, Alamogordo, New Mexico; WCED Rsdio’s news/talk WCED-AM, Du Bois, Pennsylvania; Fieldview Broadcasting’s news/talk KWBG-AM, Boone, Iowa; and VP Broadcasting’s news/talk WHOL-AM/W295CR Allentown, Pennsylvania. The Chad Benson Show is also heard on such signals as Bonneville’s KTAR-FM, Phoenix; iHeartMedia’s KSTE-AM, Sacramento; and Cox Media Group’s WOKV-FM, Jacksonville. Radio America says, “Listeners love Chad’s explanation of the day’s hard news delivered in a thoughtful and entertaining way. And that explains why Chad is featured on some of the most highly rated talk stations in the country and delivers the demos that talk radio needs most.”

Entercom and Pro Sports Teams Cooperate on ‘Vaccinate Michigan’ Effort. The Entercom Detroit station cluster that includes sports talk WXYT-FM “97.1 The Ticket,” all-news WWJ-AM “Newsradio 950,” and three music brands are partnering with the Detroit Lions, the Detroit Tigers, the Detroit Red Wings, and the Detroit Pistons to launch a new community initiative called “Vaccinate Michigan.” All five stations are airing state-approved public service announcements about the COVID-19 vaccination and its availability for Michigan residents. The “Vaccinate Michigan” announcements are voiced by various Entercom Detroit on-air personalities, show hosts, and news anchors, as well as some of the city’s key sports figures, including Tigers manager AJ Hinch, Tigers pitcher Matthew Boyd, Red Wings head coach Jeff Blashill, Lions head coach Dan Campbell, and Pistons head coach Dwane Casey. Entercom Detroit SVP and market manager Debbie Kenyon says, “Our company and sports partners understand the importance of getting Michigan businesses open, as well as the need of our listeners and fans to get back to work and feel some sense of normalcy. Radio serves as a crucial lifeline for the communities it serves and we’re proud to lend our influential voice in the community and our citywide footprint to deliver the important message of COVID-19 vaccinations to our listeners and fans.”

SummitMedia Enters into Podcast Deal with CurtCo Media. This strategic partnership between SummitMedia and CurtCo Media is SummitMedia’s first formal alliance with a third-party content creator for the podcast audience. SummitMedia owns and operates 47 radio stations in nine states. Los Angeles-based CurtCo Media currently produces cutting-edge quality scripted and unscripted podcast programming. SummitMedia chairman and CEO Carl Parmer comments, “SummitMedia’s partnership with CurtCo Media provides us with an exciting opportunity to develop and explore the rapidly growing podcast medium. We’ve known and watched CurtCo create engaging and innovative content for years, and we value the integrity and quality they bring to the media industry.” CurtCo Media CEO Bill Curtis says, “Having a strategic alliance and investment from SummitMedia makes this partnership the most powerful moment to date in our business development. We’re so excited to work with Greg Kelly, Carl and their team to create new dynamic programming and combine Summit’s powerful radio platform with CurtCo Media in the fast-growing world of podcasting. We believe this strategic partnership will provide sustainable value for our business and expand our audience.”

TALKERS News Notes. Longtime radio and television consumer advocate Clark Howard will receive the 2021 “Andrew Ashwood Award” at the 12th annual Talk Show Boot Camp, presented by Don Anthony’s Talentmasters and Gabe Hobbs Media being held virtually this year on March 18 and 19.  Howard, who wrapped his nationally syndicated radio program after 23 years at the end of 2020, will be presented with the award by last year’s recipient, Greg Moceri. He says, “When I was given the privilege of selecting someone who exemplified the positivity that Andrew did for our industry, it took me two seconds to say Clark Howard. Having worked and associated with him for 30 years, he was an instant selection on how many ways he has demonstrated that positivity and has helped millions through the years. ‘In Clark we trust’ impacted his knowledge and authenticity in our industry for decades and it continues today. Clark was an instant choice to carry on this great tradition of honoring Andrew.”…..The 2nd Annual Radio Cares – Feeding America is off to a great start with new and returning partners signing on in support of the nationwide radio event that raises money to provide meals for individuals and families facing hunger in America. Radio Cares is presented by Feeding America and the Independent Broadcasters Association and takes place on April 14 on radio stations across the country. Last year, in its inaugural event, Radio Cares raised enough money to purchase 5 million meals.”…..The Philadelphia Phillies and Entercom announce a new, multi-year radio deal with the MLB’s Phillies to keep sports talk WIP-FM the flagship station for the club’s radio broadcasts. The play-by-play team of Scott Franzke and Larry Andersen will be joined by Kevin Frandsen this season. Entercom Philly SVP and market manager David Yadgaroff says, “We’re eagerly awaiting the return of Phillies baseball and are happy to announce a new broadcast extension with the club. As the undisputed voice of the Philadelphia sports fan, we look forward to putting listeners right in the middle of the action through premier game day coverage and keeping them caught up with their favorite team throughout the season.”

COVID-19 Stats & Vaccines, SCOTUS Trump Tax Returns Ruling, Capitol Riot Investigation, Cabinet Confirmation Hearings, Dominion Sues Mike Lindell, and Facebook Australia News Deal Among Top News/Talk Stories Yesterday (2/22). The United States passes the 500,000 COVID death mark and the rollout of vaccines continues; the Supreme Court rules New York prosecutors can have access to Donald Trump’s tax records; today’s first Senate hearing on the January 6 Capitol insurrection; Monday’s first confirmation hearing for Attorney General nominee Merrick Garland, and the coming hearings for embattled White House budget office nominee Neera Tanden and Interior Secretary nominee Deb Haaland; voting systems firm Dominion sues MyPillow chief Mike Lindell for $1.3 billion for defamation; and Facebook agrees to Australian news deal that will pay news organizations were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Tuesday, March 17, 2020

| March 17, 2020

Salem Radio Network to Present ‘Coronavirus Pandemic: An SRN News Special Report.’  Tomorrow (3/18) at 6:00 pm ET, Salem Radio Network is producing and broadcasting a live, one-hour special report on the COVID-19 pandemic on most SRN affiliated stations.  SRN says the program will feature the latest updates on what is unfolding with this major breaking news story and provide listeners with critical, hands-on information.  The program will be co-hosted by SRN talk hosts Dr. Sebastian Gorka and Hugh Hewitt and will originate live from the SRN News studios in Washington DC.  It will also be streamed on Facebook Live.  SRN senior vice president Phil Boyce says, “The country has been shaken by the fast-changing news events of this important story and SRN is uniquely qualified to carry out this task with a live, one-hour special report.  We’ll rely on the expert commentary of both Gorka and Hewitt, with SRN News coverage from Greg Clugston at the White House.”  SRN hosts Mike Gallagher and Dennis Prager will also participate in the program that will include reports from major SRN affiliate locations.  Stations wishing to carry this important live broadcast should contact their regional affiliate relations manager at the Salem Radio Network – East: Jim Bligh 212-419-4663; Central: Kelli DeShan 972-707-6882; and West: Jim Watkins 239-470-9297.

Armstrong & Getty Make Show Available to Stations in Need. KSTE-AM, Sacramento-based, syndicated news/talk program Armstrong & Getty – co-hosted by Jack Armstrong and Joe Getty – announces it is willing to assist radio stations trying to get through the COVID-19 crisis.  Effective immediately, the program is available to any station in need of a replacement show (as long as the program doesn’t already have an affiliate in that market).  The show airs live from 9:00 am to 1:00 pm ET and stations do not need an affiliation agreement.  Interested stations can contact Craig Whetstine at Armstrong & Getty Media at 503-975-6153.

ABC Audio Offers COVID-19 Digital Text Feed to Stations. As a public service, ABC Audio is offering a COVID-19 digital text feed to interested radio stations.  The company says that regardless of a station’s current affiliation with ABC Audio or ABC News Radio, it can utilize the new RSS feed to auto-populate their websites and apps with stories related to COVID-19 without a fee.  ABC’s feed will feature a selection of important news stories, including the latest developments in the coronavirus outbreak and updates from health authorities and medical providers, as well as entertainment stories about the impact COVID-19 has on the industry.  ABC Audio VP and general manager Stacia Deshishku says, “In these uncertain times ABC Audio is trying to help all radio stations keep their listeners informed.  As more station staff members work remotely, we want to offer ready-made material for as many platforms as possible.  This new digital feed and social media content will enable stations to concentrate on their audio operations secure in the knowledge that their listeners and readers are up to date with the latest COVID-19 information.”  Interested stations should email Christopher.Venice@abc.com or Mary.E.McCarthy@abc.com.

Beasley Initiates ‘Operation Gift Card: New England.’  In an effort to assist local businesses affected by the mandatory shutdown due to the coronavirus pandemic, Beasley Media Group’s Boston-based radio cluster is unveiling Operation Gift Card: New England.  As part of the company’s “We Are All in This Together” campaign, the stations are inviting area restaurants, free of charge, to submit links to feature their gift card pages on all Beasley Media Group Boston websites. The sites currently receive over two million page views and have 750,000 unique users on an average monthly basis.  Beasley Boston VP and market manager Mary Menna comments, “With local restaurants and small businesses experiencing a number of restrictions, including restaurants moving towards a take-out/delivery only model, we wanted to show our support during these challenging times.  Our company is committed to being there for those in need. We are all in this together!”

Westwood One: Who’s Listening to What at Home? Working from home is becoming required for more Americans as the nation deals with the COVID-19 pandemic.  This week, the Westwood One blog looks as data about listening to the radio from home, mostly via smart speakers.  Based on recent Edison Research “Share of Ear” data from the third quarter of 2019, 24% of listening (persons 13+) is to AM/FM radio.  That tops streaming services, satellite radio and podcasts by a substantial margin.  As people work more from home, additional data will be available in the future.  According to Triton Digital, over the past week, online shares for public radio and commercial news/talk radio have grown.  See the blog here.

Mentoring and Inspiring Women in Radio Application Window Open. The Mentoring & Inspiring Women in Radio (MIW) Group announces that the application window for its MIW Group 2020 Mildred Carter Mentoring Program is officially open.  This is the 19th year in which this notable experience pairs women working in radio with female professionals who are recognized leaders from all aspects of the broadcasting industry.  Four candidates will be selected for the 2020 program. Women with a minimum of five years of radio experience, and currently working in sales, marketing, programming, digital and/or engineering, are encouraged to review mentee criteria and instructions on how to apply.  See the mentee application here. The deadline to apply is April 6, 2020.  Lindsay Adams is a former mentee, is currently VP of national agency partnerships with Entercom, and serves as the mentoring committee chair for the MIW.  She says, “This unique initiative provides a wonderful opportunity for ambitious, experienced women in the industry to gain valuable insight, knowledge, and grow their professional network.  This program truly does propel the careers of women forward in our industry.  It is rewarding to watch our mentees grow professionally throughout the year.”

Coronavirus Changes American Life, Financial Markets Battered/Recession Looms, and Biden vs Sanders/Ohio Postpones Primary Top News/Talk Stories Yesterday (3/16). The restrictions in place in most parts of America to prevent the spread of COVID-19; the world’s financial markets take another big hit on Monday and experts say the conditions are ripe for a global recession; and the Democratic presidential primary race between Joe Biden and Bernie Sanders plus Ohio’s postponement of its primary election were some of the top aspects of the coronavirus pandemic story discussed on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Wednesday, July 10, 2019

| July 10, 2019

Talkers 2019: Telling the Story Videos Continue Posting Today with a Special Address by Bill O’ Reilly.  TALKERS is continuing to post key speeches, presentations and sessions from the recent 22nd annual edition of the talk media industry’s longest-running and most-important national convention – Talkers 2019: Telling the Story.  Today’s (7/10) post presents the special keynote address by Key Networks syndicated personality Bill O’ Reilly.  Posted yesterday: A one-on-one discussion titled, “Sports Talk Radio’s Role in Popular Culture” featuring a conversation between Mark Chernoff, senior VP/programming WFAN/Entercom, NY and captain/sports format, CBS Sports Radio and Mike Thomas, PD, WBZ-FM “98.5 The Sports Hub,” Boston and brand manager/spoken word, podcasts, esports, Beasley Broadcasting.   Kate Delaney, host, GCN and correspondent NBC Sports Radio, served as facilitator.  Already posted: A panel discussion titled “Broadcasting and Podcasting,” featuring (in alphabetical order) Greg Batusic, chief operating officer, PodcastOneSteven Goldstein, founder/CEO Amplifi MediaMichael Czarnecki, program director, WONK-FM, Washington, DC and iHeartRadio Podcast Channel; and Craig Schwalb, former program director WABC, New York and WPRO, Providence.  The discussion is moderated by Mike Kinosian, managing editor/West Coast bureau chief, TALKERS.  The page also presents a video of the convention’s keynote “fireside chat” in which TALKERS publisher Michael Harrison interviews Premiere Networks/Fox News Channel star Sean Hannity in a casual one-on-one conversation.  The two discuss a variety of topics including Hannity’s special relationship with President Donald J. Trump; what it takes to be successful on both radio and television talk media; the challenges facing talk radio in terms of ratings and marketing; Hannity’s feelings about his life and career; plus more.  The session is introduced by DC Radio Company executive director Victoria Jones.  Also already posted:  The convention’s official opening address titled, “Telling the Story,” delivered by one of the industry’s great storytellers, Lee Habeeb, host and producer of the successful syndicated program, “Our American Stories” as well as RAB president/CEO Erica Farber receiving the Woman of the Year award and SiriusXM Satellite Radio star “Cousin” Bruce Morrow receiving the Lifetime Achievement award. The convention took place in New York City on Friday, June 7 and was one of the most positively received in the event’s colorful history.  TALKERS plans to add one or two videos per day to those posted until all the major events of the conference are posted here at Talkers.com where they will remain on view for the rest of the year.  To see the videos and convention video page, please click here.

Salem Radio News to Feature ‘Religious Freedom’ Series. A weeklong series titled, “America’s Fight to Preserve Religious Freedom” is being presented by Salem Radio Network’s SRN News to its 2,200-plus affiliate stations, beginning on July 15.  Salem says, “The multi-part broadcast focuses on threats by secular activists and politicians to drive Christianity and other religions out of the public square in America.” It features exclusive interviews with Charles J. Chaput, Archbishop of Philadelphia (pictured at right with SRN V.P./news & talk programming Tom Tradup); Michael Farris, president & CEO of Alliance Defending Freedom; Texas attorney general Ken Paxton; Daily Wire talk host Michael Knowles; and David French, senior writer at National Review.  Tradup says, “From gender-bending activists to outright hostility by states and local governments, religious freedom in America is under more attack in 2019 than at any other time in our history.  Our series will shine the white-hot light of public scrutiny on the very real dangers facing one of our most fundamental rights as American citizens.  And we hope it will fuel a national dialogue on how men and women of faith can mobilize to reverse recent trends which have created hostility toward faith-based businesses and organizations here is the United States…which nevertheless remains the beacon of religious freedom around the globe.”

Five Podcast Publishers Sign Up for Nielsen’s ‘Podcast Listener Buying Power Service.’  A new tool for podcasters is launched called the Nielsen Podcast Listener Buying Power Service from Nielsen Scarborough and podcast publishers iHeartMediaCadence13, Midroll-Stitcher’s advertising arm, Westwood One and cabana are its charter clients.  Nielsen says, “For the first time, clients will be able to profile shows using program titles collected from our subscribers in order to connect specific types of listeners with particular advertisers and specific program-level insights…Nielsen Podcast Listener Buying Power Service has an effective sample of close to 30,000 respondents, with the ability to capture results for specific programs.  It also uses targeted questions on podcast listening with more than 12 podcast genres, over 2,000 retail/plan-to-buy categories and hundreds of advertisers with specific brand names such as insurance companies, automotive, quick service restaurants, home improvement retailers and more. These easy-to-use reports are generated from web-based software and have a two time per year data release.”

TALKERS News Notes. New York City sports media figure Michael Kay is off the air for the next month after having surgery on his vocal cords.  The WEPN-FM “ESPN NY 98.7” afternoon drive host and Yes Network Yankees broadcaster tweeted that he’d seen a doctor in Boston and surgery was recommended…..The KSTE-AM, Sacramento-based, nationally syndicated “Armstrong & Getty” program is now airing in the 6:00 pm to 9:00 pm slot at Entercom’s news/talk KMBZ-FM, Kansas City.  This latest affiliate signing comes after last December’s announcement by Jack Armstrong and Joe Getty that affiliate relations pro Craig Whetstine is working with Armstrong & Getty Media to take the program beyond its Western U.S. affiliation base…..CBS News is offering affiliate stations a one-hour Apollo 11 special titled, “One Giant Leap Revisited,” staring July 11, ahead of the July 16 50th anniversary of the moon landing.  CBS correspondent Peter King takes listeners from the Apollo 11 launch pad in Cape Canaveral, Florida to the Johnson Space Center in Houston where he talks with the brave men and women who made the mission possible…..A new iHeartRadio Original podcast is launched titled, “Noble Blood,” presenting “the salacious, secret, and tragic stories of monarchs like you’ve never heard them before.”  Dana Schwartz, entertainment writer for publications including Entertainment Weekly and Marie Claire hosts the program…..Envision Networks announces that registration is open for the next “Coffee with Envision” webinar, this edition titled, “Demographics for a New Age of Radio,” on July 16 at 1:00 pm ET.  Brand consultant/No Borders Radio “Brandfather,” Brian Burns, and Radio Consulting Services president Jon Holiday, will present and promise to “separate facts from the radio listening myths of Millennials and Baby Boomers.”  Envision president Danno Wolkoff says, “There’s so much misinformation out there about Millennials and Baby Boomers and their listening habits that we want to dispel.  Brian and Jon will cover the top myths and then provide the facts that programmers can reference when working to attract these valuable audiences to their stations.”…..Talk radio pro Simon Conway is doing double duty this week as he hosts his usual afternoon drive program on iHeartMedia’s WHO, Des Moines and fills in Wednesday through Friday in morning drive on the company’s WFLF-AM/W226BT, Orlando.  Conway used to work in the market and is looking forward to reconnecting with his old listeners.

Census Citizenship Question, Immigration/Detention Facilities, 2020 Presidential Race, Jeffrey Epstein Case, Ross Perot Dies, and U.S. Women’s Soccer Among Top News/Talk Stories Yesterday (7/9).The Trump Administration’s battle to include a citizenship question on the 2020 U.S. Census; U.S. immigration policy and the controversy over conditions at border detention camps; the Democrats vying to challenge President Trump in 2020; the sexual trafficking charges facing billionaire hedge fund manager Jeffrey Epstein; the death of business tycoon and former independent presidential candidate H. Ross Perot at 89; and the pay discrepancy issue brought up by the U.S. Women’s National Team 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. In New York City, a big change takes place at classic hits WCBS-FM.  Longtime midday personality Dan Taylor exits after New York Attorney General Letitia James’ office broadens its investigation into workplace misconduct dating back to CBS’ ownership of the station. Read the New York Post’s coverage here.  Meanwhile, WCBS-FM owner Entercom brings former WPLJ personality Race Taylor aboard to handle the midday show, effective July22.  Entercom regional president and market manager Susan Larkin says, “We are extremely excited to welcome Race to WCBS-FM and to reunite him with some of our most legendary on-air personalities.   We are thrilled to offer former WPLJ fans a new place to call home at our station and to offer Race’s loyal listeners more of the absolute best on-air listening experience for which we are known.”  Race Taylor spent more of the last 20 years with former hot AC WPLJ, prior to its sale to Educational Media Foundation…..Cumulus Media moves rock radio pro Axel Lowe from his position as PD and afternoon drive personality at WFTK-FM, Cincinnati “96 Rock” back to his hometown of Atlanta to program the company’s rock WNNX-FM.  Cumulus Atlanta VP and market manager Sean Shannon says, “Axel may well be the longest, continuously employed, full-time talent in Atlanta as he started in 1992 and has never been off the air since, even when he relocated to Cincinnati for the company nearly five years ago.  That said, we are thrilled to welcome him home to Atlanta as program director for ‘Rock 100.5,’ a station and a format he knows inside and out.  It will be terrific to have his leadership and passion for ‘Rock 100.5’ back at work here in our Atlanta studios.”…..J.D. Justice joins Midwest Communications’ country KTCO, Duluth “Kat Country” as brand manager.  He was most recently with Trending Media Inc’s country KXIA, Marshalltown, Iowa as PD and morning show host.  He takes over for Justin Henrickson, who exited to relocate to the state of Washington.  He’ll also co-host the morning show with “Brookie the Rookie.”…..Classic rock WBPT-FM, Birmingham, Alabama announces the passing of award-winning morning show personality Lisa Mason, after suffering health complications.  She served with WBPT for the past 17 years.  The station says, “While we mourn the loss of a very special woman, we also celebrate her remarkable life and hope that it serves as an example to young and old alike.  For those who may ask what they can do to honor Lisa, you may donate funds in her name to the ASPCA at the following link: https://secure.aspca.org/donate/memorial.”

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