Tag: "Mid-Atlantic Sports Network"
Radio HOF Announces “Class of 2019.” The nine newest members of the Radio Hall of Fame who will be inducted at a November 8 ceremony in New York City’s Gotham Hall are: Sean “Hollywood” Hamilton; Harry Harrison; Kevin Ryder & Gene “Bean” Baxter (“Kevin & Bean”); Joe Madison; Jim Rome; Ryan Seacrest; John Tesh; and Dr. Ruth Westheimer. Radio HOF chair Kraig Kitchin remarks, “I am especially proud to welcome these individuals into the Radio Hall of Fame. Their on-air performances and audience relationships are especially remarkable. Each of our 2019 nominees [is] worthy of induction. I’m appreciative of all those who participated in our process of selecting our Class of 2019, who will join the 238 Radio Hall of Fame inductees already recognized for their great work.” Sean “Hollywood” Hamilton does afternoon drive on iHeartMedia New York rhythmic CHR WKTU “103.5 KTU” and his “Weekly Top 30 Countdown” is syndicated by Premiere Networks. Harry Harrison (“Longstanding Local/Regional, 20+ years”) was a mainstay New York City morning talent on WMCA, WABC, and WCBS-FM. Kevin and Bean (“Active Local/Regional, 10+ years”) have been overseeing mornings on Entercom Los Angeles alternative KROQ. Joe Madison – “The Black Eagle” – is heard on SiriusXM’s “Urban View” channel. Jim Rome (“Longstanding Network/Syndication, 20+ years”), whose show was called a “freaking jungle” by a listener – and the term stuck – airs on CBS Sports Radio. Ryan Seacrest’s multi-platforms include mornings on iHeartMedia Los Angeles CHR KIIS “Kiss-FM” and Premiere Networks’ “On Air with Ryan Seacrest,” and “American Top 40 with Ryan Seacrest.” John Tesh (“Active Network/Syndication, 10+ years”) hosts Compass Media Networks-syndicated “Intelligence For Your Life.” Meanwhile, “The Dr. Ruth Show” was heard on NBC Radio and she hosted “Sexually Speaking” on New York City’s WYNY. Four inductees were determined by a voting participant panel comprised of nearly 1,000 industry professionals. Another four were voted on by the Radio Hall of Fame Nominating Committee, two with input from the public. The outcome of the listener vote for a music format and spoken-word format on-air personality counted as one vote among the committee votes. The Radio HOF voting process was administered by Votem and overseen by the certified public accounting firm Miller Kaplan Arase LLP.
Monday Memo: “Hollywood,” Co-starring AM Radio. The Los Angeles Times calls “Once Upon a Time…in Hollywood” “the year’s first surefire Oscar Best Picture nominee.” And the soundtrack — assembled after writer/director Quentin Tarantino listened to 14 hours of 1969 KHJ airchecks — may also grab a statuette. In this week’s column, consultant Holland Cooke’s panel explains what made radio so “sticky” then, and what it would take to reclaim the foreground on today’s crowded audio landscape. Read his column here.
Karem’s Press Pass Suspended. The White House Correspondents Association is “closely monitoring” the White House press secretary’s decision to suspend for 30 days the pass of CNN political analyst Brian Karem. Association president Jonathan Karl states, “We sincerely hope this White House does not again make the mistake of revoking a reporter’s hard pass. The WHCA has stood up to violations of due process rights before and we stand ready to safeguard those rights for all reporters who work to hold our government accountable.” CNN’s Brian Stelter reports the suspension letter Karem received specifically cited the confrontation he got into with former Trump aide/Salem Radio Networks talk host Sebastian Gorka at the White House social media summit a few weeks ago. Via Twitter, Gorka writes, “From this day forth the punk @BrianKarem will be called Brian Karma.” Meanwhile, on that same social media platform, Karem notes that he intends to appeal the White House’s decision. TALKERS publisher Michael Harrison spoke with Gorka moments after that summit wrapped. That conversation is archived here on the TALKERS website (Friday, July 12, 2019).
Beasley Broadcast Group Q2 Net Revenue Increases 6.5%. The $4 million (6.5%) year-over-year gain (to $65.7 million) during the three months ended June 30 reflects increased revenue in Beasley Broadcast Group’s Philadelphia cluster, primarily due to the September 2018 acquisition of country WXTU, and increased revenue from its Boston stations. Net revenue for the three months ended June 30 was comparable to net revenue for the same period in 2018 at the company’s other clusters. Chief executive officer Caroline Beasley comments, “The strategic and financial benefits of our initiatives to further expand and diversify Beasley’s broadcast and digital platform are evident in our second-quarter financial results and further highlights the progress we are making to reinforce and grow Beasley’s leadership position across all audio platforms in our markets. Record second-quarter net revenue of $65.7 million was driven by the strength of our station clusters in three of our top five largest revenue markets, as well as contributions from recent acquisitions and more than offset approximately $1 million in combined political and United States Traffic Network (USTN) revenue recorded in the comparable 2018 period, which was non-recurring in 2019.” In June, Beasley Broadcast Group entered into a definitive agreement with Urban One to acquire Detroit’s WDMK and three translators used to broadcast WDMK’s HD2 signal for $13.5 million. Caroline Beasley notes, “This transaction is expected to be immediately accretive to Beasley’s free cash flow, excluding one-time transaction costs. The acquisition of WDMK-FM and the WDMK-HD2 translators represent a strategically and financially compelling growth opportunity for our shareholders and further enhances our revenue and competitive position in Detroit with a strong cluster of four FM stations in the country’s thirteenth largest market.”
iHM Hikes Hyland to Region President/Washington & Baltimore. Most recently region senior vice president of sales and market president for iHeartMedia Washington D.C./Baltimore, Aaron Hyland is elevated to region president of those two markets. He succeeds Mike Preacher, who becomes president for government initiatives and partnerships for iHeartMedia Markets Group. Preacher will report to iHeartMedia Markets Group president Greg Ashlock, while Hyland will report to iHeartMedia west division president Kevin LeGrett. According to Ashlock, “With Aaron, we are fortunate to have someone so talented, experienced and knowledgeable of the area to make the natural progression to the role of region president. With Mike, we are grateful for the amazing job he has done leading our D.C./Baltimore region and excited about the incredible wealth of experience and success he brings to the table in managing our government initiatives and partnership division. This is a win-win.” Hyland, who began his radio career as local sales manager for iHeartMedia Albany (New York), comments, “The iHeartMedia Washington D.C. region has a strong presence in both Washington and Baltimore with advertisers throughout the community. I’m excited to build on our success here, giving our advertisers efficient and effective marketing solutions as well as providing our listeners the best programming and content.” Preacher notes, “I’m very proud of the work we’ve done in the Washington D.C. region. Aaron has been instrumental to our growth and I am highly confident that he and the team will enjoy continued success. Regarding my role moving forward, we have very high growth expectations for our government initiatives and partnerships division. I am looking forward to resourcing and spearheading the team’s efforts.” The iHM DC cluster consists of news/talk WONK, adult contemporary WASH, country WMZQ, CHR WIHT “Hot 99.5,” alternative WWDC “DC-101,” and WBIG “Big 100 – Washington’s Classic Rock,” while its Baltimore owned-and-operated stations are CHR WZFT “Z-104.3,” adult hits WQSR “102.7 Jack-FM,” WPOC “93.1 Baltimore’s Country Station,” and gospel WCAO “Heaven 600.”
2020 Local Political Advertising to Top $6.5 Billion. That’s the estimate from BIA Advisory Services, which forecasts over-the-air television will earn the majority of the spending (47% or $3.08 billion). That compares to just over $312 million (4.8%) for radio. Meanwhile, online/digital outlets will receive $1.37 billion (21%), while multichannel video programming distributors are expected to rake in $919 million (14%). The balance will go to other media. BIA Advisory Services chief economist/senior vice president Mark Fratrik opines, “It is going to be a very interesting political year. Some very large markets will not see much in political advertising while some small markets will see an extraordinary amount of advertising due to competitive gubernatorial, senate and house races along with the presidential election. Campaigns will continue to rely on television as a dominant platform for advertising while supplementing with digital advertising across mobile and desktop. In some smaller markets, one thing to keep an eye on is how the huge volume of political advertising could crowd out other local advertisers during primary and general election seasons. That may have an impact on advertisers and media companies. We will certainly factor that into our forecasting as we go through the fall.” It is believed that the three top local political revenue generating markets will be Los Angeles, Phoenix, and Philadelphia. In each market, TV OTA will receive more than $130 million in advertising with online/digital ad spend getting over 25% of the total spend.
Hart Heads to Albuquerque. Former six-year Entercom Philadelphia news/talk WPHT program director Jared Hart relocates to Albuquerque to become AM operations manager for Cumulus Media’s news/talk KKOB-AM (which he will program), sports talk KNML “The Sports Animal,” and business talk KTBL. Cumulus Media Albuquerque vice president/market manager Jeff Berry comments, “Jared brings the experience, skill, and vision to lead our three AM stations – including the legendary KKOB-AM – back to a position of market dominance. We are so excited for him to join our team and help guide our cluster to new heights.” Hart adds, “I’m excited by the opportunity to join the passionate and forward-thinking team at Cumulus Albuquerque. It’s hard to overstate the power and impact of KKOB-AM and ‘The Sports Animal’ across New Mexico and the potential for KTBL. I’m honored to help drive the future success of these great stations and can’t wait to jump in.” Prior to his tenure at WPHT, Hart was assistant program director for Cumulus Media San Francisco news/talk siblings KGO and KSFO.
Four Staffers Added to Westwood One Podcast Network. Joining Cumulus Media-owned Westwood One Podcast Network are senior producer, core content Madena Parwana; senior producer, development Lou Pellegrino; audio mixing engineer/studio technician Rebekah Wineman; and associate producer Sarah McCrory. All four will report to executive editor John Wordock, who comments, “This latest round of hiring further demonstrates Westwood One’s commitment to quality and scale as we grow our podcast business and serve our extraordinary partners and content providers. Madena, Lou, Rebekah, and Sarah have diverse and distinctive skillsets that will greatly contribute to the success and evolution of podcasting at Westwood One.” Parwana will help manage and produce podcasts that cover news, lifestyle and entertainment, sports, and business/money. She previously was a producer in the global radio division of Bloomberg LP, where she produced Bloomberg’s “Masters in Business” and “The Business of Sports” podcasts. Parwana was also senior podcast producer and co-host of “Unique Radio with Will Castro.” Pellegrino will manage and assess in-bound podcast pitches as well as help to develop pilots and shows. He formerly was executive producer of podcasts for Cadence 13 where he produced “The Woj Pod” and was involved with “Pod Save America.” In addition, Pellegrino was a producer for NBC Sports Radio and worked as a freelance producer for “The Dan Patrick Show” and MSG Networks. Wineman will support post-production, sound quality, field engineering, and studio maintenance. She previously worked as an audio engineer for The Wall Street Journal, where she mixed the “What’s News” podcast. Wineman served as a mixing and mastering engineer for NPR’s “Latino USA” and “In the Thick.” McCrory will support hosts, help edit and produce shows, and book guests. Before joining Westwood One, she worked as a production coordinator and podcast coordinator for Fox News Channel in New York City and Washington, DC, working on the podcasts “Livin’ the Bream” and “The Fox News Rundown.”
TALKERS News Notes. Sports reporter/anchor Carol Maloney joins Cumulus Media Washington DC’s WSBN-AM “ESPN 630” for 10:00 am – 12:00 noon duty. Cumulus Washington, DC program director Bill Hess states, “I’ve admired Carol’s energy, passion, and journalism since we first worked together a dozen years ago. Her relationships with the players, coaches, reporters, and sports fans in our town are unmatched.” Maloney notes, “I couldn’t be more thrilled and thankful for this opportunity. I’ve spent most of my career in the nation’s capital passionately following and covering the sports teams in town. Luckily, I’ve made a lot of friends and contacts along the way and will be calling on all of them.” Maloney has worked for Comcast SportsNet and NBC Sports Washington. She continues as a field reporter/show host for the Mid-Atlantic Sports Network (MASN) on Washington Nationals telecasts. “The Carol Maloney Show” debuts tomorrow (Tuesday, 8/6) ….. Miami’s WQAM “Sports Radio 560” rebrands as “560 The Joe.” While the Entercom sports talk outlet is the flagship of the Miami Dolphins, Florida Panthers, and University of Miami Hurricanes, its weekday lineup is taking more of a national lean: SportsCenter All Night (1:00 am – 5:00 am); First & Last with Jason Fitz (5:00 am – 6:00 am); The Joe Rose Show with Zach Krantz (6:00 am – 10:00 am); Dan Le Batard with Stugotz (10:00 am – 1:00 pm); Stephen A. Smith (1:00 pm – 3:00 pm); Hoch & Crowder (3:00 pm – 6:00 pm); “Best of ‘560 The Joe’” (6:00 pm – 7:00 pm); Spain & Company (7:00 pm – 9:00 pm); and Freddie & Fitzsimmons (9:00 pm – 1:00 am). Co-owned/similarly-formatted WAXY “AM 790 The Ticket” is the key station of the NBA’s Miami Heat. Its on-air roster includes: Amy Lawrence (2:00 am – 6:00 am); Tobin, Leroy, & The Beast (6:00 am – 10:00 am); Zaslow & Amber (10:00 am – 2:00 pm); Hoch & Crowder (2:00 pm – 6:00 pm); Zack Duarte (6:00 pm – 10:00 pm); and Scott Ferrall (10:00 pm – 2:00 am).
Music Radio News and Career Moves. At a time when high-profile stations such as WPLJ, New York; WRQX, Washington, DC; and WYAY, Atlanta (among others) are flipping to contemporary Christian, Tucson is losing a religious-geared outlet. Specifically, Tucson Radio LLC officially closes on its $650,000 purchase of KFLT “AM 830” & K269FV Oro Valley (Arizona) from Family Life Broadcasting and transitions it to “The Drive” (pending calls KDRI), an “original format” of music and local, live personalities. The ownership team of Arizona-based Tucson Radio, which has no other broadcast interests, is longtime Tucson businessman and community activist Fletcher McCusker (board chair); Bobby Rich (president); and Jim Arnold (general manager). McCusker is the only one without extensive radio or broadcast background. According to Arnold, who has nearly 40 years of experience in Tucson radio and TV stations, “The Drive” will debut commercial-free as he begins hiring a sales staff this week. Today’s 6:00 am launch (Monday, 8/5) follows stunting as “The Worm,” a mix of novelty songs. With a catalogue of over 2,000 songs, “The Drive” is designed to appeal to baby boomers and originates 24/7 broadcasting from downtown Tucson. Its FM signal is heard throughout the Tucson valley, while the 830 AM signal carries from the Mexican border to Phoenix. Rich tells RadioInfo/TALKERS, “This has been developing for more than eight months; I recently realized I’ve never done a total build from scratch. I have gone back-and-forth from high anxiety to beyond thrilled of building something new, from concept to call-letters to months sorting song lists to finding talent before I could tell them what it was or what it would sound like. We didn’t buy studios or broadcast equipment – just a pair of transmitters and a tower rental agreement. Everything was kept confidential, which was extremely difficult. Some of the staff just learned the branding and what titles are in the library. We’re in empty offices working from a temporary studio while the real studios are being built across the hall. It is crazy, fun stuff. I’m more than a little overwhelmed but so happy. It’s a dream come true for all of us – a chance to select our own music and manage content that matters to Tucson and have incredible fun while making great radio. It’s crazy to start a new radio station, but we are just crazy enough and have the passion-to make it work.” Immediately prior to his 25-year tenure as program director/morning drive host at Tucson adult contemporary KMXZ “Mix 94,” Rich was vice president/general manager/morning show talent for Seattle’s KMGI. His voluminous resume also includes programming stops in New York City (WXLO “99-X”); Los Angeles (KHTZ “K-Hits 97”); Philadelphia (WWSH); San Diego (KFMB-FM “B-100,” where he famously formulated the “Rich Brothers”); and director/programming consultation for Drake-Chenault. Rich worked on-air in Los Angeles at KHJ and KFI, as well as WMYQ, Miami. The on-air lineup for “The Drive” is comprised of Rich and Hill Bailey (morning drive); former program director of cross-town CHR KRQQ Ken Carr (mid-days); Mike Esparza (afternoon drive); and onetime Bobby Rich intern Tyler Russell (nights). Evan Carlson-headed, Arizona not-for-profit corporation Family Life owns stations in Arizona, California, Colorado, Florida, Georgia, Kansas, Michigan, New Mexico, Tennessee, Texas, and Wisconsin. Kalil & Co. brokered the transaction ….. While retaining its “Que Buena 92.7” identity, Univision Radio New York’s WQBU transitions from regional Mexican to Spanish AC. Core artists will include Chayanne, Juan Gabriel, Juan Luis Guerra, Enrique Iglesias, Jose Jose, Ricky Martin, Luis Miguel, Laura Pausini, and Shakira. Univision Radio New York president and general manager Roberto Yanez comments, “We are excited to launch a format that reflects distinct tastes of the Latino community in the Tri-State area. By reformatting our audio portfolio to include the only Spanish AC station in the region, we are able to give our audience more of the music they love, whether they’re listening at home, at work, or during their commute.” Its adjusted on-air lineup now includes: Mildre Aquino (6:00 am – 10:00 am); El Bueno, La Mala y El Feo (10:00 am – 2:00 pm); Jose Luis Arcos (2:00 pm – 7:00 pm); Cesar Lozano (7:00 pm – 8:00 pm); and El Free-Guey with La Bronca (8:00 pm – 12:00 midnight). Among persons 6+ in Nielsen Audio’s June 2019 New York City report, WQBU ranks #34 (.3); it is #37 in Long Island (.2, 6+, June 2019) ….. One-year KVIL, Dallas “Alt 103.7” morning talent Jenn Marino exits the Entercom alternative outlet. Marino formerly co-hosted Premiere Networks’ Sixx Sense with Nikki Sixx. Her other on-air credits include Baltimore outlets WHFS “Alternative 99.1”; WWMX, “Mix 106.5”; and WIYY “98 Rock,” as well as KRXO, Oklahoma City …. Launched in 2018, YEA Networks’ “Tino Cochino Radio” debuts next Monday morning (8/12, 6:00 am – 10:00 am) on Kemp Broadcasting Las Vegas CHR KVGQ “Q-106.9.” Hosted by Tino Cochino, Raquel, and DJ Nicasio, the show is now heard in more than 40 markets. KVGQ program director Gabriela “Lady g.” Loredon comments, “I’m excited to welcome Tino and the TCR team to our ‘Q-106.9’ family. TCR is the perfect fit for mornings here in Vegas and can’t wait to win” ….. American Idol winner Maddie Poppe and Whitney Woerz are among those scheduled to appear at the third annual “Survive Live” concert presented by Entercom Madison hot AC WMHX “Mix 105.1.” The October 3rd event will raise money for breast cancer awareness ….. “I’m Roger Carroll and I play records.” For 20 years (1959 – 1979), listeners of Los Angeles’ once powerhouse KMPC heard Kolman Carroll Rutkin begin his “R.C. Get Together” that way; the 90-year-Carroll died last week in Long Beach, California. Andrew Rutkin notes that his father “lived an amazing life; was surrounded by family; and his passing was peaceful.” The son of Eastern Europe immigrants, Roger Carroll was born in Baltimore in 1928 and moved away at 15 to work as an announcer at Frederick, Maryland’s WFMD. After World War ll, he relocated to Los Angeles, and at age 18, became the youngest announcer ever on the ABC Radio Network. Carroll, who worked at Los Angeles’ KABC from 1946 – 1959, became executive producer of the “Lawrence Welk Radio Show” in 1981 and owned KWIP, Salem (Oregon), a station he sold in 1991. For many years, he was the off-camera voice for such TV shows as “The Smothers Brothers Comedy Hour,” “Bonanza,” “The Danny Thomas Show,” and “Tony Orlando and Dawn.” In 2017, he started a streaming internet station, Roger Carroll’s Best Sounds in Town.” Commenting about his father, Andrew Rutkin states, “We will all miss him terribly. I’ll especially miss his wealth of stories and his amazing talent for mucking up his computer.”
Charlamagne Tha Guest. A number of the 2020 presidential candidates have made Premiere Networks’ “The Breakfast Club” a must-stop on their campaign trail. Last week, the show’s Charlamagne Tha God made the media rounds himself, appearing on NBC’s “Late Night with Seth Meyers” (the two are shown here) and CNN’s “OutFront” with Erin Burnett. Among other things, he talked about how the Democrats performed in the recent debates; who his favorite candidate is so far; and how he approaches interviews. Originating from iHeartMedia New York urban contemporary WWPR “Power 105.1,” the 4.5-hour “Breakfast Club” features Charlamagne Tha God, DJ Envy, and Angela Yee.
Johnson Joins WTEM as PD. More accurately, as of next Monday (2/15), Chris Johnson will again occupy the programming chair at Red Zebra Broadcasting sports outlet WTEM “ESPN 980,” Washington, DC – just as he did from 2005 to 2008. Red Zebra Broadcasting chairman Terry Bateman states, “We are excited to have someone with Chris’ experience and skill to help us build and grow ‘ESPN 980.’ We have a great lineup of talent and great content. We look forward to putting it all together to give our listeners the best sports talk radio in the Washington, DC market.” Most recently, Johnson covered MLB‘s Washington Nationals as a reporter for the Mid-Atlantic Sports Network. He previously was a producer of NFL and NCAA games for Westwood One; Johnson’s prior connection with WTEM lasted from 1996 – 2008. Down for the third straight ratings period (2.3 – 2.1 – 1.9 -1.6, 6+), “ESPN 980” finishes #20 in the “Holiday” 2015 report, while its format challenger – CBS Radio-owned WJFK-FM “The Fan” – also off for the third successive sweep (2.5 – 2.3 – 2.1 -1.9, 6+) – is #18. The market leader is iHeartMedia adult contemporary WASH (5.9 – 6.1 – 7.0 – 12.0, 6+).
Trevor Carey Promoted to Afternoons at ‘PowerTalk 96.7’ in Fresno. Radio pro Trevor Carey had been hosting the afternoon drive show on iHeartMedia’s sister “PowerTalk” brand in the Stockton-Modesto market – “PowerTalk 1360” on KFIV and KWSX – in addition to hosting the 6:00 pm hour on “PowerTalk 96.7” (KALZ-FM and KRZR-AM in Fresno-Visalia). Now, with Christopher Gabriel’s recent exit from the PM drive slot, Carey takes over the 3:00 pm to 6:00 pm show. He’ll also host the 6:00 pm hour on the Stockton-Modesto duo.
New Hampshire Primary/Presidential Race Tops Talkers TenTM for Week of February 8-12. Tuesday’s New Hampshire primary and the activities of the candidates for president were the most-talked-about story on news/talk radio during the week, landing atop the Talkers TenTM. At #2 was the Hillary Clinton email case investigation. Coming in at #3 was the recent financial markets activity and related concerns about a recession followed by the effects of the Syrian civil war at #4. The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week. It is the result of ongoing research from TALKERS magazine and it is published every Friday at Talkers.com. View this week’s entire chart here.
Sean Hannity to Speak and Host Breakfast at TALKERS 2016: Bridging the Generations. In what has become an annual talk media industry tradition, Premiere Networks/Fox News Channel superstar Sean Hannity will host “Breakfast with Hannity” and preside over the opening keynote discussion at the forthcoming 19th annual installment of the field’s largest, longest-running and most important national convention. In making the announcement, TALKERS publisher Michael Harrison states, “Sean’s contributions to this storied event, as well as to the industry in general, are incalculable. He has spearheaded discussions about crucial issues attendant to the ratings, consolidation, lowering the demos and free speech, just to scratch the surface. He has provided inspiration and encouragement to new generations of broadcasters coming into the field. When Sean walks in the door at this event, all politics are left outside and he becomes a true statesman of the business offering insight, experience and intelligence about the many issues and challenges we face in common. We are delighted that he will again play such an important role in this conference – especially considering its forward-motion theme of bridging the generations.” Over 60 outstanding speakers will participate in TALKERS 2016, set for Friday, May 20 at Hofstra University in Hempstead, New York.
Beasley Broadcast Group 2015 Q4 Net Revenue Up 6.2%. That figure is based on Beasley’s reporting of combined operations – both continuing and discontinued operations – and that’s relative to the 2014 Q4 asset swap with CBS RADIO that saw Beasley exchange five radio stations in the Philadelphia and Miami-Fort Lauderdale markets for 14 CBS stations in the Tampa-St. Petersburg, Charlotte and Philadelphia markets. Net revenue of combined operations for the whole of 2015 was $105.9 million, an increase of 4.4% over 2014. Beasley CEO and chairman George Beasley states, “Throughout 2015 we implemented a broad range of operating, programming, sales and local strategies intended to extract operating and financial synergies from the stations acquired in the 2014 Asset Exchange. I am pleased to report that we achieved our goal of our clusters outperforming the markets that report to Miller Kaplan for the first time in December 2015 and expect this trend to continue in 2016. Success with our integration and profitability initiatives is also reflected in fourth quarter 2015 station operating income of $9 million and an SOI margin of 31.7%, as well as net income of $3.3 million or $0.14 per diluted share.”
CBS RADIO Revenue Dips 5%. Radio is not the primary focus of CBS Corp. but new CBS chairman, president and CEO Les Moonves has always said he likes the radio business – especially its cash flow. Radio is lumped in with CBS Television Stations to make up the Local Broadcasting category, but the company breaks the two apart in these reports and radio’s revenue was down 5% on “continued softness in the radio advertising marketplace and lower political advertising.” The television sector was down 11% compared to the same Q4 period in 2014 – a period that benefitted from mid-term election political spending.
Odds & Sods. WOR, New York’s “Len Berman and Todd Schnitt in the Morning” spoke on the radio with GOP presidential candidate and fellow New Yorker Donald Trump yesterday morning (2/11). Responding to criticism that he doesn’t have the temperament to be president, Trump told the WOR audience, “as we get closer, you will be shocked at how presidential I will be.”…..Talk host Bill Carroll had been doing an afternoon talk show for Corus-owned news/talk CFMJ, Toronto from Los Angeles while he was still working at iHeartMedia’s KFI (a gig he exited in early January). Now, he’s also leaving the CFMJ show with rumors he’s soon to land at a new station in Canada…..A special edition of the Joan Hamburg show will air on Cumulus Media’s news/talk WABC, New York this weekend as the Big Apple radio host covers New York’s annual Fashion Week. For the second year, Hamburg speaks with New York’s fashion elite in “The Business of Fashion Week” airing on Saturday (2/13) from 1:00 pm to 3:00 pm ( a special replay will air Sunday night at 9:00 pm). Hamburg speaks with New York Fashion Week founder Fern Mallis, “The Real Housewives of New York City” star Countess Luann de Lesseps, New York style icon Nick Wooster, Harpers Bazaar editor Avril Graham, and Ben Stiller, director and star of the Zoolander films…..AccuWeather appoints Sarah Katt vice president of product development and operations for the AccuWeather Network. She’ll report to John Dokes, general manager of the AccuWeather Network and chief marketing officer of AccuWeather.