Tag: "MarketWatch Radio Networks"
Wall Street Journal to Shutter Radio Division at Year’s End. Inside sources tell TALKERS magazine that the Wall Street Journal is going to shut down its radio division at the end of the calendar year. The announcement was made to staffers today (11/12). The WSJ and MarketWatch Radio Networks division has produced money and finance-focused feature reports as well as the daily morning drive program, “The Wall Street Journal This Morning,” hosted by Gordon Deal and Gina Cervetti plus a weekend edition of that program. It’s unclear how many staffers this change will affect but the company has employees in New York, Washington and South Brunswick, New Jersey.
WSJ Radio Demise a Repercussion from Anti-Limbaugh Campaign? The above story about the end of the Wall Street Journal’s radio products is bringing some strong reactions from within the news/talk radio industry. Former WTOP, Washington vice president of news and programming and current principal of Florida-based News Doctor, Inc, Jim Farley, suggests people are missing the connection with this story. He says, “Since the high-powered leftie campaign against Rush Limbaugh advertisers after the Sandra Fluke controversy, spoken-word brands as benign as AccuWeather and Charles Osgood have been on ‘Do Not Buy’ lists from ad agencies. The announced shutdown today of Wall Street Journal and Marketwatch Radio makes them collateral damage in this chilling war on the First Amendment which is crippling non-controversial, fair and accurate radio news and information outlets.” TALKERS publisher Michael Harrison reacted quickly to Farley’s comments as well as other buzz generated around the industry per the alleged Limbaugh connection to the demise of WSJ Radio stating, “With all due respect to Jim – a past recipient of the TALKERS Freedom of Speech Award – industry observers and the trade press have been connecting these dots for quite some time now. Consultant Holland Cooke even ran a big headline in his newsletter distributed at our conference in June proclaiming, ‘THE BOYCOTT WENT TOO FAR.’ The problem is nobody seems to know what to do about it or has the clout to do anything about it….or worse, wants to do anything about it. This whole issue is wrought with a social disease common in political circles left and right – namely hypocrisy… the pursuit of victory at the cost of truth… and it is proving extremely detrimental to one of America’s most vibrant platforms of public policy conversation. Perhaps the folks at the NAB and the RAB (and even Media Matters) – if they really care about free speech and fairness, not to mention the beleaguered radio industry as a whole — should mount a unilateral campaign to educate the advertising community that has been unjustly persecuting the ‘innocent’ in its broad-brush blitzkrieg against political controversy. Perhaps the rest of us (meaning anyone even loosely associated with talk radio) should be more vigorously defending Rush instead of conveniently making him the scapegoat for our mounting economic woes, because looking at the big picture – it would be the right thing to do. This whole thing stinks and we are all to blame.”
Glenn Beck Opens Up About Health Issues. Now that he’s feeling better and recent medical treatments have him on the mend, Premiere Networks syndicated talk host and TheBlaze founder Glenn Beck told his audience on Monday that his health issues go back almost five years to when he was still hosting a show on Fox News Channel. Beck said he thought he had a painful form of neuropathy that was affecting his vision, his vocal chords, and his limbs but it turns out that was not the case. He also was not sleeping well, if at all, and says he’s been told he hadn’t had any real REM sleep in 10 years. Since going to the Carrick Brain Centers in Irving, Texas, he’s been diagnosed with an autoimmune disorder and adrenal fatigue and since undergoing hormone treatment, physical therapy, and making changes in how he eats, sleeps, and works, he’s “reversed the process.”
WMMS, Cleveland’s Rover Sets Up Fundraiser for Former Producer’s Family. Former producer of the “Rover’s Morning Glory” program on rock/talk hybrid WMMS, Cleveland – Rob Garguilo – exited that show recently to take a similar position with WHPT, Tampa’s Mike Calta program. Tragedy entered his life as his girlfriend Sarah and the couple’s children, 5-year-old Ben and five-week-old Serena were hit by a car while crossing a Largo, Florida street. The three are in critical condition in a Tampa hospital and Garguilo Tweets that Serena is on life support with no signs of brain activity. Now, Shane “Rover” French has set up a GoFundMe.com donation page to assist the family of his former producer. As of Wednesday morning, almost $18,000 has been raised for the family.
What Listeners Will Find Under the Tree. Each year, radio consultant Holland Cooke spends a week in early January in Las Vegas attending and reporting back to TALKERS readers about the technology being displayed at the massive Consumer Electronics Show. 2015 will be no different and recently Cooke was in New York for the annual preview show called CES/Unveiled. He writes that the top five wish-list items for this holiday season are (in order): tablets, notebook computers, TVs, smartphones, and video game consoles. Find out more of what’s being touted as big consumer electronics spending decisions during the next year here.
WAKR, Akron Names Bourquin Afternoon Host. Moving from his most recent position as host and sports director at WHBC, Canton, Sam Bourquin joins Rubber City Radio Group to host the 2:00 pm to 5:00 pm program at WAKR. RCRG president and general manager Thom Mandel says, “Having Sam become available is very serendipitous for us. We think he is smart and talented. He really understands how to communicate with a radio audience. We like that he is committed to our Akron-Canton area and Northeast Ohio.” Bourquin adds, “I’m looking forward to starting a new chapter in radio with a wonderful radio family at the Akron Radio Center. This is a great way to remain connected with old friends, make new friends and remain a part of the greater Akron-Canton community.”
Tough Q3 for Radio One as Radio Division Posts Net Revenue Decline of 8.1%. The company as a whole saw net revenue dip 5.3% but the radio division alone was hit worse as net revenue sank 8.1% compared to the same period a year ago on $112.2 million in net revenue. Radio One CEO Alfred Liggins comments, “Our radio business experienced a very soft quarter. We had a perfect storm of weak market revenues and soft ratings in our four largest markets, and political revenues were less than anticipated. We had some ratings challenges in Washington DC, Baltimore and Atlanta in addition to the new competitor in Houston. Management has taken steps to remedy these issues, including a format change in Houston from news to classic hip hop. The initial ratings for our new station, ‘Boom 92,’ are extremely encouraging, and should mean we reverse the annual $1.5 million of losses that we were incurring on the news format. Outside our top four markets, radio revenues for the third quarter were +1.5% against a flat market. Overall Q4 radio revenue is currently pacing 1.9% and I believe we will have positive momentum going into the New Year. Reach Media experienced a similarly weak third quarter, but is performing better in 4th quarter, consistent with the radio division.”
U.S.-China Carbon Emissions Deal, Lame Duck Congress, Iran Nuclear Talks, 2016 Presidential Prospects, Battle Against ISIS, Upper Midwest Cold and Snow, Net Neutrality Debate, and Kim Kardashian Mag Cover Among Top News/Talk Stories Yesterday (11/11). Controversy over the carbon emissions deal struck between President Obama and China’s Xi Jinping; the possible legislation to be addressed by the lame duck congress; uncertainly about negotiations with Iran over its nuclear program; the potential candidates for president in 2016; the ongoing fight against ISIS and the organization’s potential alliance with al Qaeda; the early cold and snow hitting the Upper Midwest; debate over the “net neutrality” issue and President Obama’s public statement about it; and Kim Kardashian’s recent nude magazine cover were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.