Tag: "Lew Dickey"
Kim Guthrie Named to Replace Retiring Bill Hoffman as President of Cox Media Group. After 38 years with Cox, Bill Hoffman is retiring from his Cox Media Group president post at the end of the year. Taking over in January will be current executive vice president of national ad platforms and president of Cox Reps, Kim Guthrie. Cox Enterprises president and CEO John Dyer says, “Kim has been with Cox for nearly 20 years and is an inspirational leader who has helped our media properties transform. She played a key role in the successful creation of Cox Media Group in 2008 and has been recognized as one of the media industry’s most influential leaders. She is a natural fit to ensure Cox Media Group continues to deliver innovative products and compelling news content.”
Report: CBS RADIO to Take on $1.5 Billion in Debt. This report from Reuters, says that sources are telling it that CBS RADIO is preparing to take on as much as $1.5 billion in debt ahead of its initial public offering that’s expected to take place but still has no firm time frame. According the report, the bulk of the proceeds would be paid back to parent CBS Corp. with the rest to be used by CBS RADIO for “general corporate purposes.” In its report, Reuters notes that “a radio company IPO may be a tough sale as new digital competitors have emerged and depressed advertising sales for the medium for years.” Read the Reuters story here.
Lew Dickey Pens Book on Changing Media Landscape. The book is published by Tourbillion International – a subsidiary of the Dickey family-owned Modern Luxury Media – and is titled, The New Modern Media – Remaking Media for a Mobile Culture. We now know what Lew Dickey has been doing since he was ousted from the Cumulus CEO role last year. The book is described as “an indispensable guide to the profound and disruptive changes rocking the media industry. It examines the implications of a new, mobile culture and challenges the widely held belief that most media companies’ true source of profits is their content. It makes the case for the importance of distribution as a key driver of firm value in the legacy media business model, be it a newspaper, magazine, record label, television network, local broadcast television or radio station.” In the book Dickey makes the case for why traditional “radio broadcasters will be unlikely to benefit from subscription revenue for their core service, leaving them highly exposed to the ad markets.” iHeartMedia chairman and CEO Bob Pittman is quoted reviewing the book, “I’ve spent my entire professional life in the media business, and today technology is enabling media to evolve at an ever-faster pace to meet consumers’ changing needs. Lew’s book is a timely resource for anyone working or investing in the media industry – shedding an important light on some of the critical challenges and opportunities inherent in today’s vibrant and complex media landscape.” Pittman’s iHeartRadio just announced a two-tier subscription service last week – clearly another step in the grand plan to transform iHeartMedia from a legacy radio company to a competitor in the digital entertainment industry. But getting back to Lew’s book, it’s a safe bet this will be the talk of the radio business this week.
Mike Gallagher Broadcasts from Hofstra University. In advance of tonight’s first presidential debate between Hillary Clinton and Donald Trump, Salem Radio Networks syndicated personality Mike Gallagher broadcast his program from Hofstra University on Long Island, the site of tonight’s debate. Gallagher’s guests included pollster Pat Caddell, Republican National Committee communications director Sean Spicer, Trump campaign co-chair Sam Clovis, and, via telephone, vice presidential candidate Mike Pence. Gallagher says, “I’ve bird-dogged these candidates through the primaries and caucuses and both national conventions. So, it is a thrill to bring my audience into the final hours of preparation for this historic debate which is expected to draw 100 million or more via radio and TV.”
iHeartMedia Launches New Tucson Talk Station. This will be a sister talk station to iHeartMedia’s existing news/talk KNST and consists primarily of syndicated fare. KTZR flipped from Spanish music to talk this morning (9/26) as “The Talk of Tucson.” The programming lineup is: Premiere’s Glenn Beck in morning drive, followed by USA Radio’s “Trending Today USA with Rusty Humphries,” Westwood One’s “The Savage Nation,” KTRH, Houston-based, syndicated personality Michael Berry, local personality Rob Hunter, Premiere’s “AMERICA Now with Meghan McCain,” “Ground Zero,” “AMERICA Now Rewind,” and GCN’s Alex Jones.
Alan Henry Memoir Published. One of the progenitors of modern day talk radio and the all-news formats has written his memoir. Alan Henry’s new book is titled, A Man And His Medium: An Indelible Signature on Radio Television Cable. It was a young Alan Henry – charged with turning around Metromedia’s poorly rated KLAC, Los Angeles – who hired raconteur Joe Pyne to host the evening program. Pyne had just been fired by crosstown KABC. Henry and programmer Jim Lightfoot gave Pyne control over his show content and the program took off, eventually being syndicated to more than 250 radio stations. Henry’s influence continued when, after leaving KLAC, he joined Westinghouse in New York and proposed a new all-news format for WINS. He was named sales manager of the station and, although it took a while to bring advertisers around, history reveals its eventual success.
The Presidential Race/First Debate, Police Shootings of Blacks, Syrian Civil War/U.S.-Russian Military Tensions, George Bush-Michelle Obama Photo, Growing National Anthem Protests, MLB Playoff Push and NFL Action Among Top News/Talk Stories Over the Weekend. The activities of presidential candidates Donald Trump and Hillary Clinton and the buildup to this evening’s debate; the aftermath of the recent Tulsa and Charlotte shooting deaths of black men by police; the Syrian civil war and Russia’s role in the bombing of Aleppo and air convoys; Saturday’s dedication of the African American History Museum in Washington and chatter about the widely published photo of Michelle Obama hugging George W. Bush; National Anthem protests spread to the college football ranks; the playoff push in Major League Baseball, and Sunday’s NFL action were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.
Odds & Sods. There are changes in the air talent lineup at ESPN-owned/Cumulus operated KESN-FM, Dallas. Matt Mosley leaves the station and his afternoon drive partner Tim Cowlishaw. Midday personality Mark Friedman also exits the station where he co-hosted with Steve Dennis. There are rumors in the market that Dennis will join Cowlishaw in afternoons and Jean-Jacques Taylor and Will Chambers will take over the midday show…..Radiohio-owned sports talker WBNS, Columbus “Sports Radio 97.1 The Fan” extends its relationship with the NHL’s Columbus Blue Jackets for another three seasons. WBNS’ partner – Southeastern Ohio Broadcasting System’s alternative WWCD “CD102.5” – will serve as the secondary signals for the team’s games…..GatesAir announces three important wins in Vietnam that signify the over-the-air TV and radio transformation taking shape across the Asia-Pacific region. Vietnam Television recently placed two orders for transmitter network expansions. On the radio side, Vietnam is investing in existing FM infrastructure with improvement and expansion projects. Voice of Vietnam, the national radio broadcaster, recently ordered five Flexiva air-cooled solid-state transmitters — two 5kW and three 10kW models — for VOV4, which serves as the broadcaster’s Ethnic Languages Channel.
The Yappy Tour Rolls On. Prolific radio talk show producer turned author Bernadette Duncan recently brought her “Yappy Tour” to the television viewers of Western Massachusetts by appearing as a guest on the WGGB-TV (ABC-40) “Western Mass News” to discuss her buzz-worthy book, Yappy Days; Behind the Scenes with Newsers, Schmoozers, Boozers and Losers (AuthorHouse/Talkers Books, 2016). The book recounts Duncan’s 26-year career as a producer of radio talk shows working with such big-name talents as Larry King, Sally Jessy Raphael, Lou Dobbs, Tom Snyder, Gil Gross, Charles Osgood and many more during modern talk radio’s pre- and post-9/11 “golden era.” Plus, she tells stories about behind-the-scenes encounters with hundreds of guests from the worlds of show business, politics, media, business and literature. Above, Duncan (left) is pictured with newsman/show host Chris Pisano (right) on Channel 40’s “Western Mass News” midday talk show. Duncan’s national “Yappy Tour” will roll on through the remainder of the year. She has already appeared on more than 25 local and syndicated programs. Hosts and shows interested in booking Bernadette Duncan can do so by calling Barbara Kurland at 413-565-5413.
Cumulus Board of Directors Installs Mary G. Berner as CEO; Lew Dickey to Remain as Vice Chairman and Director. New Cumulus Media chief executive officer Mary G. Berner has been a member of the board of directors of Cumulus since May and she replaces company founder Lew Dickey as CEO – although Dickey will remain a director of the company as serve as vice chairman. The Cumulus board of directors states Berner is a “seasoned media business operator” who previous experience includes her most recent post as president and chief executive officer of the Association of Magazine Media. From 2007-2011, she was chief executive officer of Reader’s Digest Association and, before that, chief executive officer of Fairchild Publications. The press statement continues: “During the course of her highly successful career, she has led some of the world’s best known brands and content platforms, including Glamour, TV Guide, W, Women’s Wear Daily, Every Day with Rachael Ray and Allrecipes.com.” Cumulus board chairman Jeffrey Marcus – who also serves as a partner with Crestview Partners (which manages funds that own 27% of Cumulus stock) – says, “Under Lew Dickey’s leadership, the Cumulus team has built a formidable national and local footprint, becoming the second largest operator of radio stations in the country, with more than 460 stations across 90 markets, approximately 8,500 broadcast radio affiliates and numerous digital channels serving over 225 million listeners nationwide. However, maximizing the value of these assets requires making them work together effectively and efficiently. At a time when the media landscape continues to undergo seismic transformation, Cumulus needs a broad-based media operator who can leverage its outstanding resources – from its core strength in radio to its growing presence in digital, experiential and other emerging platforms – and capitalize on the industry’s strong fundamentals. The board has had the benefit of seeing Mary in action and is fully confident that she is the right leader for Cumulus.” Berner comments, “I am honored to have been asked to lead Cumulus Media and am eager to work with the board and the company’s talented teams to implement Lew’s vision of building the next generation multi-platform media company. As the director who led the Operations Review Task Force established by the board, I have insight into the issues that Cumulus faces, but I also know the operational leverage that can be generated by first focusing on execution. Radio is a powerful and unique medium – the number one mass reach medium in the U.S. – and Cumulus possesses all of the elements to be one of the industry’s winners. I look forward to bringing a renewed focus on operating excellence at all levels and in all functions to help Cumulus realize its potential and generate improved financial performance and increased value for shareholders.” The press statement makes no mention of the status of John Dickey, EVP content & programming, but the New York Post is reporting he has exited the company and a “huge reorganization” is impending. TALKERS has not confirmed those reports. Cumulus stock, which has been battered in recent months, closed today (9/29) at 68 cents per share.
Michael Harrison Interviews Harry Hurley About “All Things New Jersey” – Including Host’s Two-Year Tenure as Senior Exec at Trump Atlantic City Hotel. In a riveting one-one-one discussion about the various ways the Garden State has been recently evoked in the national presidential conversation, Michael Harrison interviews WPGG, Atlantic City “morning mayor” (and TALKERS Heavy Hundred member) Harry Hurley on the latest installment (9/29) of the Podcast One international hit, “Up Close and Far Out.” Prior to launching a stellar 25-year career as a major New Jersey radio personality, Hurley worked directly for Donald Trump as the senior executive of one of his four Atlantic City Hotels (a job for which “The Donald” personally interviewed and subsequently supervised him) and candidly discusses what it was like being with the current GOP front-runner during those heady days along the Jersey Shore. Hurley worked with Trump personally every weekend for two years and shares important first-hand insights into the billionaire’s management style, business instincts and character. In addition, the Jersey-born talker shares his insights, based on experience, into the economic role and cultural direction of casino gambling in the nation. He also talks about his personal on- and off-air encounters with Gov. Chris Christie (including insights to “bridgegate” and the Dallas Cowboys/Jerry Jones debacle) as well as the effect that the Miss America pageant (for which Hurley has served as a preliminary judge) has on the region. Michael Harrison states, “New Jersey is an enigmatic, colorful home to nine million with its own unique set of extraordinary assets, daunting challenges and notably engaged local media. I can think of no one more qualified to provide outsiders with an accurate explanation of this endlessly intriguing, largely misunderstood state and its compelling connection to current national politics than WPGG morning master Harry Hurley.” To hear the entire podcast, please click here or click on the “Up Close and Far Out” player located in the right-hand column of every page of Talkers.com and RadioInfo.com.
Odds & Sods. Radio industry services start-up DGital Media launches a production division called DGital Media Studios. The company says the division “will focus on developing and producing proprietary audio content” and its first project is a fantasy sports platform called Fantasy Sports Voices…..AMG/Parade announces the launch of “Athlon Sports Radio” on SiriusXM. The Monday and Tuesday evening program will air from 7:00 to 9:00 ET on Sirius XM’s College Sports Nation. The program grows out of the company’s 10-plus preseason magazines covering college, professional and fantasy football, college basketball, professional baseball, golf and NASCAR. AMG/Parade was formerly Athlon Media Group which consists of the newspaper-distributed magazines Athlon Sports & Life, Parade, American Profile, Spry Living, and Relish…..British soccer legend Sir Alex Ferguson will sit down for an in-studio Q&A at the SiriusXM studios in New York as part of its “Town Hall” series. Sir Alex will chat with SiriusXM host Charlie Stillitano before a live, studio audience on Friday, October 9.
Trump Tax Plan, 2016 Presidential Race, Pope Francis Visit Aftermath, Boehner’s Exit from Congress, Obama-Putin Meeting, and Water on Mars Among Top News/Talk Stories Yesterday (9/28). The unveiling of the Donald Trump tax plan; the activities of the rest of the candidates for president in 2016; the aftermath of Pope Francis’ visit to the United States; the state of the GOP in the wake of House Speaker John Boehner’s announced resignation from Congress; the tensions between Russia and the United States and President Obama’s meeting with Vladimir Putin at the UN on Monday; and NASA’s revelation of the discovery of water on Mars were some of the most-talked-about stories on news/talk radio during the week, according to ongoing research from TALKERS.