Tag: "local radio stations"
BIA: Local Radio Advertising to Fall by 10.7% in 2020. Revising its beginning-of-the-year projection that U.S. local radio advertising revenue (consisting of AM/FM, digital, and streaming) would be $14.3 billion, BIA Advisory Services reports that projection to now be $12.8 billion – a decrease of 10.7%. BIA breaks it down this way: $11.4 billion is expected to come from over-the-air sales and $1.4 billion should come from digital sales. BIA says, “By comparison, in 2019 local radio stations generated $12.8 billion in over-the-air revenue and just over $1 billion in digital. This was a 1.6 % decrease in total revenue from 2018.” BIA SVP and chief economist Mark Fratrik comments, “In 2018, we projected that radio’s digital platforms would reach $1 billion by 2019 and last year the industry hit this mark. For 2020, our ad forecast shows that digital sales, including streaming, will stay steady. Then by 2021, Radio online revenue will start to climb back up again. On the over-the-air side, we see a bigger COVID hit, with a steep drop in 2020 and some recovery back by 2021.” What sectors will make up the bulk of radio’s revenue? BIA says the finance/insurance industry will make up $2 billion, retail will account for $1.97 billion, automotive will contribute $1.5 billion, and technology accounts for $1.3 billion. BIA explains, “These industries may benefit from the continuing shift in radio listening from the car to the home as at-home audio environment features give consumers multiple opportunities to consume promotions. Streaming has become a major growth opportunity for broadcasters to maintain existing audiences and attract new, younger listeners. BIA’s revenue estimate drops to $12.5 billion when streaming ad revenue is not included.”
Suit Challenges USAGM Exec Michael Pack’s Firing of Agency Organization Heads. In a suit filed in U.S. District Court for the District of Columbia, the Open Technology Fund and four individual members of its board of directors are asking the Court to declare null and void U.S. Agency for Global Media chief executive Michael Pack’s recent firing of Open Technology Fund and news outlet leaders. The complaint argues that “Although funded by Congress through grants administered by the Agency, the four organizations targeted by Mr. Pack are not part of the government. Their employees are not government employees. They are private, nonprofit organizations with their own leadership and independent boards of directors. That is by design. Their mission, collectively, is to promote the free flow of information worldwide, especially in countries where authorities restrict freedom of expression. They do this through global efforts to combat online censorship and news broadcasts in 61 different languages, reaching 400 million people each day. But they can only be effective in countering disinformation and censorship if they are rightly perceived as independent, professional, and fact-driven—not as official mouthpieces for some partisan agenda.” Open Technology Fund chief Libby Liu tendered her resignation to take effect at the end of July but was terminated immediately by Peck. Also fired were: Bay Fang of Radio Free Asia, Jamie Fly of Radio Free Europe/Radio Liberty, Alberto M. Fernandez of Middle East Broadcasting Networks, and Emilio Vazquez of the Office of Cuba Broadcasting.
Cumulus Closes on $74.1 million Bethesda Land Sale. The deal to sell a 75-acre parcel of land in Bethesda, Maryland to developers Toll Brothers has been in the works for some time and yesterday (6/24) Cumulus Media was finally able to announce the $74.1 million deal has closed. Cumulus Media president and CEO Mary Berner says, “Given the difficult operating environment, our ability to continue to strengthen our balance sheet with the proceeds of this deal is particularly meaningful, and we greatly appreciate the efforts of Toll Brothers in working with us to bring this five-year effort to completion.” Net proceeds from the sale are expected to be $71.3 million after transaction fees and expenses. Cumulus anticipates achieving minor expense savings from the elimination of real estate taxes after the closing and does not expect any tax liability as it relates to the transaction. Net proceeds from the sale are required to be used to pay down debt, unless otherwise reinvested in the company’s business over the next 12 months.
PPM Analysis: Coronavirus Cume Factor (Part 2). TALKERS magazine managing editor Mike Kinosian continues his analysis of Nielsen Audio’s May 2020 PPM survey, today presenting part two of his look at cume changes for news/talk stations. In this report, Kinosian presents charts showing news/talk stations ranked from highest cume to lowest, cume increases from the April 2020 PPM survey to the May 2020 PPM survey, decreases from April to May, and a chart displaying the cume for all stations on our panel in the all-news, sports talk, and news/talk radio formats. See it all here.
COVID-19 Statistics & Projections, BLM Movement/Confederate & Colonial-Era Statues, Seattle CHOP Situation, Second Stimulus, Financial Markets Activity, Presidential Race, Flynn Charges Dismissed, Bubba Wallace Case, and MLB Season to Open Among Top News/Talk Stories Yesterday (6/24). The explosion of new COVID-19 cases in some states and projections of future cases and deaths; the protests supporting the Black Lives Matter movement and the related move to take down statues of Confederate and Colonial-era statues; Seattle asks CHOP protesters to leave the area and local business consider suing the city; the debate over a possible second COVID-19 federal stimulus package; the world’s financial markets react to COVID-19 data; Democrat Joe Biden enjoys positive poll news in his race against Donald Trump; the DOJ officially dismisses the charges against Michael Flynn; the FBI concludes the Bubba Wallace “noose” incident was not a hate crime; and the MLB prepares to open on July 1 were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
TALKERS News Notes. Today (6/25) at 2:00 pm ET, Cumulus Media | Westwood One is presenting a live webinar to release “brand new insights and studies on the state of the American consumer.” Covered in today’s event will be: Just-released J.D. Power automotive sales data for the week ending June 21 indicating it was one of the strongest auto sales performance weeks for new sales; new “Share of Ear” data from Edison Research on the audience duplication between AM/FM radio and Pandora and Spotify; how advertising can help businesses recover and reopen using a powerful new visual from marketing pro Les Binet; and more…..“The Money Pit Home Improvement Program” – syndicated nationally via Talk Shows USA – announces the addition of Free Fire Media’s KCNR-AM, Shasta/K243CT, Redding, California and WCJU Incorporated’s WCJU-AM, Columbia, Mississippi to its roster of affiliates…..Cox Media Group’s news/talk KRMG-FM, Tulsa and KOKI-TV “FOX23” are partnering with the American Red Cross in a two-day “Red, White and You” Blood Drive today and tomorrow (6-25/26). KRMG director of branding and programming Levi May comments, “This is one of our favorite events every year because it unifies our listeners in Green Country to work as a group to help people who live and work in their communities. Every pint donated to the American Red Cross can help save three lives. That’s a pretty impressive return on 30 minutes of your day.”
International Rock Musician/Impresario Leslie Mandoki Is This Week’s Guest on Harrison Podcast. Munich, Germany-based, Hungarian rocker Leslie Mandoki is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” Mandoki is a seasoned professional forged by experience, passion and life, who is keeping the spirit and quality of the progressive, jazz rock era alive and well for generations old and new. His ensemble, MANDOKI SOULMATES, is a long-running loosely knit association of some of the greatest big-name musicians on the planet. Their brand-new release, “Living in the Gap & Hungarian Pictures,” is a double album that expresses their ideals of socially aware lyrics and complex musical arrangements – basic tenets of the progressive and jazz rock era. In his youth, Mandoki escaped from communist Hungary to West Germany where he built one of the finest studio complexes in Europe, produced and performed on records, became friends with a wide network of great musicians including the legendary Ian Anderson of Jethro Tull and launched a progressive rock juggernaut. Countless gold and platinum records decorate his walls. He also wrote, produced, and performed the superb charity song dedicated to the heroes of the coronavirus titled #WeSayThankYou with Ian Anderson that has garnered positive attention on international radio and on YouTube. Harrison and Mandoki discuss the music, social issues and politics that make Leslie Mandoki a fascinating individual – largely unknown to Americans. To listen to the podcast in its entirety, please click here or click on the player box marked “The Michael Harrison Interview” located in the right-hand column on every page of Talkers.com.
Entercom Partners with Analytics Firm Deep Root. In what Entercom calls part of its “commitment to data-driven capabilities,” the company announces a partnership with audience-powered analytics company Deep Root that will allow Entercom to offer advertisers expanded targeting options. Entercom says, “This partnership will enable agencies, advocacy groups, and political campaigns to identify and reach Deep Root’s custom voter audience segments when advertising throughout Entercom’s robust portfolio of broadcast and digital assets. This includes access to Deep Root’s issue advocacy and political audience segments such as swing voters, blue collar voters, and environmentalists.” Entercom VP, data and analytics Dan McKinney adds, “Expansive reach and national scale allow radio and digital audio to serve as a reliable platform for brands and political campaigns to reach engaged consumers. Now more than ever, it is our responsibility to support these advertising partners with increased targeting to accomplish their specific goals. Partnering with Deep Root will allow us to better serve our trusted partners and enhance their capabilities when leveraging our audio assets to reach voters nationally and locally.”
New RAB ‘Open for Business’ Series Announced. The RAB announces that as part of its Business Unusual initiative, a new Open for Business live-video series titled, “Getting Your Billing Back On Track,” hosted by RAB SVP of professional development Jeff Schmidt takes place on July 14 at 11:00 am ET (a repeat viewing is available July 16 at 4:00 pm ET. RAB says, “As businesses across the country are reopening, it is time for sellers to rebuild their selling strategy. In this live-video presentation, Schmidt will share proven tools and resources account executives and managers can utilize to increase stations’ revenue and income at their stations and radio companies.” Registration is free to RAB members. To register, click here.
Music Radio News and Career Moves. Nationally syndicated urban contemporary “The Deja Vu Show” adds five new affiliates including: KBXT-FM, Bryan, Texas; KISX-FM, Tyler, Texas; KSSM-FM, Waco, Texas; KMJI-FM, Texarkana, Texas; and WRKA-FM, Louisville. The WBLS-FM, New York based afternoon drive show is syndicated via ABC Audio, whose executive director of business strategy Heidi Oringer says, “Throughout her career, Deja has drawn high ratings in every market where she’s heard. We’re thrilled that in syndication ‘The Deja Vu Show’ followed suit and is experiencing the same level of success and rapid growth. Deja’s insightful content and her standout personality draw large, diverse audiences. We’re excited that stations are adding ‘The Deja Vu Show’ to their lineups and equally excited that she is so favored by advertisers as well.”…..The Tom Kent Radio Network announces new affiliation deals with more great radio stations. Adding Tom Kent’s “Ultimate Party” is Midwest Communications classic hits WBOW, Terre Haute, Indiana; Draper Communications classic hits WTDK, Salisbury, Maryland adds “My 70s Show” and “Super 60s with Steve Kent”; and Delta Media’s urban AC KFXZ, Opelousas, Louisiana adds “Sweet Soul Weekend with Jeff Foxx.”
By Howard B. Price
ABC Television Network
Director, Business Continuity
Weekend before last, it was the unexpected passing of Supreme Court Justice Antonin Scalia. Network radio and TV were all over it – smart local stations used those resources, and were all over it, too.
But local radio stations WITHOUT a network news affiliation likely found themselves behind the eight ball – unable to meaningfully respond beyond whatever they were able to pass along from social media and news websites. Better than nothing, but not good enough.
Journal’s WTMJ and ‘The Lake’ Name J. Pat Miller to Marketing Post. At the Milwaukee properties news/talk WTMJ and adult hits WLWK “94.5 The Lake,” Journal Broadcast Group ups J. Pat Miller to the new position director of marketing & innovation. The company says that in his new role, he’ll be responsible for the overall marketing activities of WTMJ and WLWK as well as designing and implementing new brand programs. VP and GM Tom Langmyer comments, “J. Pat has demonstrated his ability to create and develop new revenue streams. He will focus more of his attention on additional initiatives to grow our business.” Miller adds, “This new role is vital to our growth and the industry as a whole. The incredible team here at Journal’s Milwaukee Radio Operations can effortlessly pull off most anything we create.” Miller is overseeing the promotions department and the company announces that Alison Helf is named promotions manager.
Tribune’s WGWG-LP, Chicago Brings McKnight Aboard. The fledgling sports talk station Tribune’s WGN is building and airing on LMA’d WGWG-LP “The Game 87.7” adds another local sports talk personality to its staff. Connor McKnight – who’s served with CBS RADIO’s WSCR “The Score” for the past four years – joins “The Game 87.7” for an on-air role. According to Chicago media writer Robert Feder, McKnight will “make his first appearance Thursday (2/27) on Mark Carman’s show, which airs from 7:00 pm to 10:00 pm.” Feder reports he’ll become part of the daily lineup. At WSCR, McKnight hosted the “Hit and Run” baseball show as well as having been an anchor and reporter at the station. Read Feder’s story here.
Chris Dimino Set to Join ‘680 The Fan’ for ‘Rude Awakening’ Show. As reported by the Atlanta Journal Constitution’s Rodney Ho, former WQXI sports talk personality Chris Dimino will become part of WCNN “680 The Fan” in an on-air capacity as his non-compete clause from WQXI expires on March 17. Dimino has been working for the station in an off-air capacity since last September but Ho reports he’ll join Christopher Rude and Perry Laurentino on the morning show soon. Dimino was part of the WQXI morning program – including fellow hosts Steak Shapiro and Nick Cellini – that was fired in the wake of the poorly thought out bit poking fun at former New Orleans Saints player Steve Gleason who is suffering from ALS. Read Ho’s entire piece here.
NAB Rejects Elimination of Advertising Tax Deduction. As part of a comprehensive tax code overhaul proposal being spearheaded by House Ways and Means Chairman David Camp (R-MI), the deduction that businesses can claim for advertising expenses would be eliminated and this oft-considered-but-never-enacted change has the NAB letting legislators know how it feels about it. NAB EVP of communications Dennis Wharton states, “NAB strongly opposes any job-killing proposal that would limit the ability of thousands of large and small businesses from fully deducting their annual advertising expenses. Advertising on local radio and television stations is a key driver of the American economy – indeed, a recent study found local broadcast advertising generates $1.05 trillion in GDP and supports 1.48 million jobs. NAB will work with lawmakers and other stakeholders to ensure the advertising tax deduction continues to create economic prosperity and well-paying jobs.” Since ad deduction elimination is just one part of a comprehensive tax overhaul proposal, it’s difficult to say how it would affect a company’s bottom line in the long run. Camp has stated his goal is to simplify the tax code – not to increase anyone’s tax burden – and there are other proposed changes that promise to help the bottom line of corporate and individual taxpayers. This is an election year so it’s unlikely there will be any action on this front any time soon.
FCC Commissioner Mignon Clyburn Defends CIN; Implies It’s Misunderstood. During a speech at Washington, DC’s Media Institute on Wednesday (2/26), FCC Commissioner Mignon Clyburn defended the controversial Critical Information Needs (CIN) study that would have researchers quizzing journalists and managers about how they choose news stories and information for dissemination to the public. Her speech came the day after Congressman Greg Walden (R-OR) promised legislation to put the FCC’s study to rest for good, citing its potential intrusion into First Amendment areas and its scope being beyond the purview of the Commission. Clyburn explained that the Commission needs to understand the markets it regulates. She said that she would never be a part of anything that seeks to chill free speech or shape news gathering and that the goal was to “gather data and other information about whether there are any market entry barriers, preventing local communities from receiving important information…I am about facilitating ownership and opportunities and making sound decisions about our most critical industries based on solid research and not rhetoric.” Still, critics of the study argue that neither Clyburn nor FCC Chairman Tom Wheeler have adequately explained the connection between interviewing news people about story selection policy and barriers to station ownership for minorities.
Valerie Blackburn to Step Down at CBS RADIO Los Angeles. The word from Los Angeles is Valerie Blackburn – currently serving as controller for the CBS RADIO Los Angeles cluster and general manager of news/talk KFWB (residing in the KFWB license trust) – is resigning from her positions and is planning to take some time away from radio and work to travel and be with family and friends. Her exit will not be immediate and it’s assumed CBS is already working on finding her replacement.
Schultz Honored by Arizona Progressives. Nationally syndicated talk show host and MSNBC personality Ed Schultz is pictured here speaking at the annual Arizona Advocacy Network dinner on Saturday, February 22. Schultz was honored by the group for his work on key progressive issues and he addressed the attendees. He was clearly in the right state at the right time with the controversy over the Arizona religious freedom bill such a hot-button issue. (Photo: Josselyn Berry)
RAB: Radio’s Digital Revenue Expected to Rise 22%. That’s from the just-released Benchmarking: Local Radio Stations’ Online Revenues report from Borrell Associates and the Radio Advertising Bureau. The report states that digital revenues went up 15% in 2013 and the total figure for 2014 could be as high as $520 million. Some figures from this year’s report: the average radio station brought in $166,490 in digital advertising – about 3% of its total revenue; some large-market stations report making millions; the average revenue for four-station clusters is approaching $750,000. The data for the study is culled from three sources: ad revenue reported by the stations, local business ad spending, and a survey of radio managers. RAB president and CEO Erica Farber states, “We’re experiencing year-over-year, double-digit growth in radio; and to truly maximize this revenue stream this survey continues to provide us with areas to improve upon and ultimately grow our overall revenue share. Most notably, sales managers are looking for continued training for their sales staffs and a better understanding of the digital buying community. The RAB is poised to help in this area through our professional development programs and outreach.”
Odds & Sods. Talk show host Stephanie Miller‘s “Sexy Liberal Comedy Tour” hits Fort Lauderdale, Florida Saturday, March 1. The progressive talker, whose show has played in theaters to sold-out crowds across the country, is appearing at the Parker Playhouse along with John Fugelsang, Carlos Alazraqui, special panel guest Judy Tenuta and more surprises…..“SportsRadio 94” WIP-FM, Philadelphia is presenting the “Great Birds Debate” remote broadcast today at Chickie’s and Pete’s in South Philadelphia. The station says it is one of the few times all year that the WIP airstaff is on the same stage together. Personalities Angelo Cataldi, Rhea Hughes, Michael Barkann, Ike Reese, Anthony Gargano, four-time champion Rob Ellis (also a member of the CBS 3 Sports Team), Josh Innes, Howard Eskin, CBS 3 Sports Director Beasley Reece, and Philadelphia Eagles insider Dave Spadaro will all be present to discuss and debate questions about the Eagles present and future. The event is free and open to the public…..At Detroit urban talker WCHB, John Mason leaves that Radio One outlet to take over the morning slot at sister urban AC WDMK where Reach Media’s Tom Joyner has been airing. Joyner moves to mornings at WCHB and that bumps talk host Mildred Gaddis from AMs to afternoon drive in Mason’s old slot…..A couple of notes from SiriusXM: U.S. House Minority Leader Nancy Pelosi will appear on the next installment of the “SiriusXM Leading Ladies” series, “candid conversations with influential and inspiring women who have forged their own paths to leadership and success.” SiriusXM P.O.T.U.S. host and veteran White House correspondent Julie Mason will host the program on March 4 before a live audience at The Newseum in Washington, D.C. In addition to the one-on-one conversation between Leader Pelosi and Mason, the one-hour town hall style event will have an interactive element featuring questions from an audience of SiriusXM listeners, female students from D.C. universities and Newseum members. Also from SiriusXM, sports talk host Casey Stern re-ups with the satcaster for his daily hosting spot on the MLB Network Radio channel, as well as for expanded duties on additional SiriusXM sports channels. Stern will continue to host “Inside Pitch” alongside his co-host, former Cincinnati Reds and Washington Nationals general manager Jim Bowden, every weekday afternoon…..Cumulus Media’s WABC, New York is bringing the world of fashion to its airwaves as it takes a look back at NY Fashion Week with an exclusive interview with Kenneth Cole. Hosted by Cristina Cuomo, editor of Manhattan magazine, from the Modern Luxury arm of Cumulus Media, the interview digs into Cole’s ambitions and inspirations. He also shares details of his groundbreaking advertising campaigns, views of fashion, social media, and much more. WABC program director Craig Schwalb says, “It was a real honor to work with our sister publication Manhattan and Cristina Cuomo to bring the iconic designer to WABC Radio. We are already making plans for this fall’s Fashion Week.”
Broadcasters Foundation of America Raises More Than $200,000 at ‘Golden Mike’ Event. At Monday evening’s black tie 2014 Golden Mike Award Dinner honoring BMI president Del Bryant, the Broadcasters Foundation of America raised more than $200,000 for its mission of helping broadcasters in need. More than 200 television, radio, and music industry executives and celebrities were in attendance. The evening was hosted by CBS News’ Bob Schieffer. Presenters for the evening were longtime personal and professional friends of Bryant’s: Michael Bolton, performer and BMI songwriter; Jack Sander, former chairman of the BMI board of directors; and Sandra Lee, internationally acclaimed culinary and home style expert and host of four highly rated programs on the Food Network and the Cooking Channel, plus HGTV. Legendary singer, songwriter, musician, and actor Kris Kristofferson performed, as did songwriter Brenda Russell, who sang her top 10 hit “Piano In The Dark,” and “Get Here.” Dolly Parton opened a very moving video that provided a glimpse into Bryant’s amazing life — from his early years growing up as the son of songwriters Boudleaux and Felice Bryant through his incredible 42-year career at BMI where he championed the works of some of the biggest songwriters in entertainment. Pictured above are (from l-r): Jim Thompson (president of the Broadcasters Foundation), Michael Bolton, Sandra Lee, Del Bryant, Bryant’s son Thaddeus, Kris Kristofferson, Brenda Russell, Bob Schieffer, and Phil Lombardo (chairman of the Broadcasters Foundation).
Brewer Vetoes ‘Religious Rights’ Bill, ObamaCare Criticism, U.S.-Russia Tensions Over Crimea-Ukraine, Immigration Legislation, Bitcoin Controversy, and Hillary Clinton in 2016 Among Top News/Talk Stories Yesterday (2/26). Arizona Governor Jan Brewer vetoes legislation that would have allowed businesses to refuse service to some based on religious beliefs; scrutiny of the rollout and effects of the Affordable Care Act; the political tensions between the U.S. and Russia over the strife in Ukraine and Crimea; new immigration legislation that includes an amnesty component; the bitcoin movement and recent events questioning its value; and speculation about Hillary Clinton running for president in 2016 were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.