Tag: "Motley Fool Money"
Wolkoffs’ Wrongful Termination Suit Against G-Networks Goes to Mediation. Last summer, Danno and Laura Wolkoff sued former employer G Networks LLC in US District Court for the Northern District of Ohio Eastern Division for wrongful termination, seeking $1.2 million in damages. The complaint states that the Wolkoffs were informed by G Networks in late June of this year that the company was accusing them of costing the business some $1.8 million in damages due to “gross negligence” and “gross incompetence” in the performance of their duties as chief development officer and VP of business operations, respectively. The Wolkoffs argue that G Networks failed to offer any “specific conduct constituting alleged grounds for termination for cause or any specific, reasonable measures to cure such conduct, thereby interfering with, and effectively rendering impossible,” their “bargained-for right to cure.” The Wolkoffs sold their company Envision Networks to then-Sun Broadcast Group (at the time headed by Jason Bailey) and entered into employment agreements to serve in the positions noted above. Now, both sides have agreed to stay all case deadlines pending the outcome of private mediation filed by G Networks. That stay is in effect until January 17, 2022, a date by which the parties are ordered to file a joint status report informing the Court of the outcome of the mediation, and if the matter is not resolved, jointly propose revised case deadlines. If the parties are unable to resolve the matter by then, the Court will reset the case deadlines at that time.
Daily Beast: Salem Radio Network Not Bothered by MyPillow Ad Cancellation. According to the Daily Beast, the Salem Radio Network is not upset with MyPillow CEO Mike Lindell’s decision to cease advertising his products on its radio talk shows. As TALKERS magazine reported on Monday (11/29), Lindell criticized SRN and its hosts during his 96-hour livestream “Thanks-a-Thon” last week saying he’s not appeared on any of the SRN programs for a “long, long time” and promised to drop his advertising with the company. Lindell is still actively promoting the “stolen election” theory. Salem SVP and director of spoken word format Phil Boyce tells the Daily Beast the company is not upset with Lindell’s decision. “He has the right if he wants to do that.” Lindell stated that Salem hosts had reached out to him to try to “heal the business partnership,” but Boyce says he’s not aware of any hosts attempting to reconcile with Lindell. He added that Salem hosts don’t operate under content restrictions. “There is no block on any of my hosts from talking about the Supreme Court or anything else. My hosts are not banned from talking about anything.” The Daily Beast asked Boyce if the company hopes that Lindell reconsiders his decision and he replied, “No.”
Beasley Media Group Celebrates 60 Years in Radio Business. Tomorrow (12/2), Beasley Media Group employees across the country will gather to celebrate the company’s official 60th anniversary in broadcasting. The company’s founder George G. Beasley, who passed away in June of this year due to complications from COVID, officially launched the company with the acquisition of his first radio station, WPYB-AM, Benson, North Carolina on December 2, 1961. Beasley CEO Caroline Beasley says, “Our Dad’s commitment to our employees, communities we serve, and the industry was unparalleled and continues to serve as a shining example to all of us as to what is possible through humility, passion and hard work. We are so very proud to continue his vision and pioneering spirit well into the future.” In addition to hosting individual market celebrations, Caroline Beasley is doing interviews with local on-air talent to talk about the history of the company. The stations will also air specially produced on-air messages thanking listeners, advertisers, and local communities for their continued support over the past six decades. Today, Beasley Media Group is a publicly traded company on the NASDAQ consisting of 62 radio stations located in 15 markets across the United States, digital operations and an esports division.
KKOB-AM/FM, Albuquerque Raises $28,000 to Fight Hunger. Pictured above (from l-r) are KKOB “96.3 News Radio” personality TJ Trout and radiothon sponsors Shasta Erickson and Robert Gabaldon at the November 18 “3rd Annual Radiothon to Fight Hunger in New Mexico” event. The Cumulus Media station helped raise $27,288 to benefit the Roadrunner Food Bank. Trout says, “Albuquerque has shown once again what a caring and giving community we are. On behalf of Roadrunner Food Bank, I want to thank each and every one of our listeners who participated in our Radiothon and donated so generously. The need here is obvious. And Roadrunner is a shining example of how we can make a difference if we all pull together.” Cumulus Albuquerque VP and market manager Jeff Berry adds, “We’re so honored to be able to give back to our community this year and are consistently humbled by the generosity of our audience. We couldn’t help the Roadrunner Food Bank each year without the people who support our radio station, and we’re so thankful to them.”
TALKERS News Notes. Today, Salem Radio Network personality Charlie Kirk’s interview with Kyle Rittenhouse will air on his SRN-syndicated radio program and as the focus of Kirk’s podcast. During the interview, Rittenhouse shares his candid views on the trial itself, his opinions that his initial legal counsel may have misused funds raised for his defense, and what the future holds for him as a student at Arizona State University. Kirk’s program airs from 12:00 noon to 3:00 pm ET and his podcast is part of the Salem Podcast Network…..The National Association of Broadcasters announces the nomination period for the 2022 NAB Technology Awards has opened. The awards will be presented at the 2022 NAB Show, to be held April 23 – 27 in Las Vegas. The awards are: Radio and Television Engineering Achievement Awards; The Digital Leadership Award; The Technology Innovation Award; the Best Paper Award. NAB EVP and chief technology officer Sam Matheny says, “These awards celebrate the individuals and organizations that have distinguished themselves by transforming our industry. We are delighted to honor the industry’s technical and engineering achievements at NAB Show.” The deadline for nominations is January 11, 2022. Find out more here…..SiriusXM announces that golf personality David Feherty is joining the company for a new weekly show. The former tour pro-turned-broadcaster will team up with SiriusXM host and fellow former pro John Maginnes to host “Feherty and Maginnes” Monday evenings on the SiriusXM PGA TOUR Radio channel. SXM president and chief content officer Scott Greenstein says, “David’s unique blend of wit and golf wisdom, and his experience from a lifetime in the game, really make him one of a kind. SiriusXM is the perfect platform for his many great stories and the insightful and revealing conversations he’ll have with his guests. We are thrilled to pair him up with John and bring together two terrific personalities who will deliver an entertaining, must-listen show for our listeners.”…..The nationally syndicated “Motley Fool Money” program hosted by Chris Hill is now heard on Max Media’s business news WGH-AM/W265EF, Norfolk/Virginia Beach.
COVID-19 Omicron Variant, CNN Suspends Chris Cuomo, SCOTUS Abortion Case, Michigan School Shooting, January 6 Investigation, Dr. Oz to Run for Senate, China Military Aggression, and Ghislaine Maxwell Trial Among Top News/Talk Stories Yesterday (11/30). The new Omicron coronavirus variant and concerns about its vaccine evasiveness; CNN indefinitely suspends prime time star Chris Cuomo for allegedly working to investigate brother Andrew Cuomo’s accusers; the Supreme Court begins hearing arguments in the Mississippi abortion law case; the deadly school shooting in Michigan that’s taken the lives of three students and wounded eight others; former Donald Trump chief of staff Mark Meadows agrees to cooperate with House investigators in the January 6 Capitol attack; television star Dr. Mehmet Oz announces bid for U.S. Senate as Pennsylvania Republican; China’s ongoing military aggression against Hong Kong and Taiwan; and the trial of accused Jeffrey Epstein accomplice Ghislaine Maxwell were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
FOX News Media Seeks Radio Anchor. There’s a full-time news anchor position available with FOX News Media. The company says this New York-based position is as an on-air talent for FOX News Headlines 24/7, Sirius XM Channel 115. In addition to that role, the successful candidate may be asked to anchor on the FOX News Radio affiliate network. As a radio news anchor, you will work under tight deadlines and deliver top-notch newscasts. You have a passion for breaking news and the flexibility to work on a days’ notice. Find out more about this position and apply here.
Las Vegas Talk Host Heidi Harris Exits KMZQ-AM. Las Vegas native and longtime talk radio personality Heidi Harris has exited her role as host of the late morning show on Kemp Broadcasting’s news/talk KMZQ-AM. Harris tells TALKERS magazine that management wanted her to return to morning drive where she performed well for the station in the past, but she says that for lifestyle reasons she doesn’t want to work the morning drive shift anymore.
Federal News Network Adds Justin Doubleday to Reporting Staff. The Federal News Network operated by Hubbard Radio announces it is adding reporter Justin Doubleday to the team. WTOP and Federal News Network general manager Joel Oxley says, “We are so incredibly excited to welcome Justin to the Federal News Network team. His expertise specifically in technology and national security will be a huge asset to our organization. The addition of our new reporter will further contribute to our goal of being the go-to source of federal news for employees and contractors and is a testament to the incredible work our team has been doing.” Doubleday was most recently senior technology reporter for Inside Defense.
Magnum Broadcasting Promotes Patrick Ryan to Vice President. Rising from general manager of Magnum Broadcasting’s WEEO-FM, Chambersburg, PA/Hagerstown, MD/ Waynesboro, PA to vice president of the company is Patrick Ryan (right). The company says that in this expanded role, Ryan will advise on strategy and growth opportunities for the company and will oversee programming for Magnum’s four properties from the Florida Keys to Pennsylvania. He will also continue to manage all daily operations in the company’s Pennsylvania market. Magnum president Michael Stapleford (left) says, “Pat has been an instrumental part of the growth of Magnum Broadcasting even before he assumed his role as GM of our Georgia properties years ago. Ever since we first managed WKLL-FM, Utica, New York in the early 90s as GM and PD, Pat has been a close and trusted friend, consultant and one of the most talented radio professionals I have met. He has again excelled as he built WEEO-FM to become a major contender in its market. The recognition this promotion brings and the appreciation it shows is thoroughly deserved by Pat.”
AWMF Announces Winners of 46th Annual Gracie Awards. The Alliance for Women in Media Foundation announces the winners of the 46th Annual Gracie Awards. The Gracie Awards Gala will take place on September 27, 2021 at the Beverly Wilshire Hotel in Los Angeles. AWMF says this year’s honorees are some of the most talented women in television, radio and digital media, including Dede McGuire, Lindsay Czarniak, Hillary Rodham Clinton, Kelly Ford, Danielle Monaro, Roula Christie, Karen Travers, Nina Hajian, Jill Schlesinger and Ina Jaffe. The list of national television honorees includes names such as Kerry Washington, Catherine O’Hara, Lena Waithe, Kelly Clarkson, Caitriona Balfe and Erin Andrews. AWMF chair Heather Cohen says, “Throughout this important year, we have enjoyed some of the most compelling content in our history. We were informed, enlightened and entertained by women in media across all platforms.” AWMF president Becky Brooks adds, “As we celebrate AWM’s 70th anniversary, we are thrilled to honor this incredible group of women who have demonstrated their commitment to sharing emotionally charged, timely and compelling content. We look forward to reconvening in person to recognize these incredible achievements and brave storytelling.” In lieu of the Gracie Awards Luncheon, which will no longer take place in person on June 26 in New York City, local and student award winners will be recognized virtually. An alternate in-person celebration is currently being evaluated. You can see the complete list of award recipients and honorable mentions here.
TALKERS News Notes. A report from Newsmax TV indicates that former President Donald Trump’s speech before the North Carolina Republican Convention last Saturday (6/5) drew more than 1.8 million viewers to Newsmax TV. Newsmax says Trump’s 8:00 pm ET speech drew a total audience reach of 1.1 million viewers across traditional cable platforms, according to Nielsen. However, Newsmax says it also drew “a massive OTT audience as well,” with the company reporting its streaming audience exceeded 700,000 total viewers during Trump’s speech…..The Independent Broadcasters Association’s next webinar in its series exclusively for members is “How Veritone’s AI Is Helping Radio Grow Revenue and Retain Clients.” The webinar takes place on Tuesday, June 15 at 4:00 pm ET and is hosted by Paul Cramer, managing director of broadcast solutions at Veritone. The webinar will demystify how AI is being used in Radio, and how even small markets can use AI and attribution to attract and retain more advertisers. IBA president and Adams Radio Group CEO Ron Stone says, “Attribution has become increasingly more important to advertisers, including local advertisers. Veritone’s AI can help radio not only remain competitive; it can help radio win!” Stations not yet members can apply here…..The nationally syndicated “Motley Fool Money” program hosted by Chris Hill adds new affiliate station WRQX-AM, Youngstown, Ohio “The Patriot.”…..GCN-syndicated talk radio host Dr. Daliah Wachs hits the 50 affiliate mark for her Las Vegas-based national program.
COVID-19, Biden Infrastructure Plan, Senate January 6 Report, Kamala Harris Latin America Trip, Billionaire Income Tax Story, Global Internet Glitch, and Western Drought Among Top News/Talk Stories Yesterday (6/8). The fast-falling rate of COVID-19 infections and deaths, vaccine hesitancy, and criticism of Dr. Tony Fauci’s handling of pandemic information; President Joe Biden stops negotiating with Republicans over his infrastructure plan; the bi-partisan Senate report on the January 6 Capitol attack faults Capitol Police for lack of action on threats; Vice President Kamala Harris’ tour of Latin America; leaked IRS returns show billionaires such as Elon Musk and Warren Buffett pay little or no income taxes; a Tuesday breakdown at cloud computing company Fastly affects large portions of the Internet; and the ongoing severe Western U.S. drought were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Big Promotion for John Hogan; Exec Moves Up to Chairman and CEO for Clear Channel Media and Entertainment. Clear Channel Media Holdings continues to express its confidence in the man who was promoted from COO to president and CEO of Clear Channel Radio in 2002 after the departure of Randy Michaels. In announcing John Hogan’s promotion and contract extension through 2015, the company touts Hogan’s record of developing the creative and successful integration of sales, promotional and programming initiatives across multiple platforms. Clear Channel CEO Bob Pittman states, “Under John’s strong leadership and vision, Clear Channel Media and Entertainment has integrated the company’s assets so that it is today the leading media and entertainment company in the U.S. with a greater reach than any other radio or television outlet. It provides a one-of-a-kind national platform for partners in addition to the powerful local activation market by market and demo by demo.” Hogan says, “I am pleased and honored to be named to this position, which is a clear endorsement of the soundness of our strategy, the value of our assets, and the depth of the incredible team we are building here. I appreciate the energy and vision that Bob Pittman has brought to the organization and look forward to pursuing with Bob the vision we share as we continue to push the boundaries of the definition of entertainment, giving our audience what they want now and in the future.”
Bill Thomas Out as Market Manager at Cumulus Birmingham. Cumulus Media Group regional manager John Walker is set to oversee the Birmingham cluster in addition to his responsibility for the Huntsville stations after the departure of Bill Thomas. There’s no reason to believe that the ongoing legal battle between WJOX-FM, Birmingham personality Paul Finebaum and the company is the sole reason for Thomas’ exit but the possibility exists that Thomas’ role in how the situation was handled could have been a factor. Remember that Finebaum claims he was strong-armed by Thomas into signing a contract amendment that was less beneficial to him. That set the legal wheels in motion that includes Cumulus’ recent decision to countersue Finebaum claiming he violated his contract by engaging in negotiations with a competitor and sharing confidential company information.
Journal Broadcast Group Reports Positive Q4; Slight Uptick for 2011. On the strength of increasing automotive in the fourth quarter of 2011, Journal Broadcast Group reports a revenue increase of 2.3%. For the entire year, Journal’s revenue rose 1.6% on $70.4 million compared to 2010. While those numbers aren’t staggering, they beat the negative reports that had become so common over the past few years. Interestingly, unlike many other radio groups, Journal notes the fourth quarter of 2011 was its best quarter.
Phil Hendrie Ends Local KFI, Los Angles Saturday Show; Busy TV Schedule Cited. Los Angeles-based radio and television talent Phil Hendrie tweets to fans he is ending his KFI, Los Angeles-only Saturday evening show after this weekend’s performance due to the increasing amount of TV work he’s getting combined with his nightly radio show syndicated by Talk Radio Network. Radio trade AllAccess.com reports it has confirmed the news. Hendrie is doing voice work on Fox Television’s “Napoleon Dynamite” and has upcoming work on Fox’s “New Girl.” Hendrie thanks KFI program director Robin Bertolucci and the KFI staff for their help with the weekend show.
CBS Radio’s WQYK, Tampa Changes Midday Show. “The King David Show” featuring Toby David and former Tampa Bay Buccaneers quarterback Shaun King is off the air at CBS Radio’s 1010 Sports (WQYK), according to the Tampa Bay Times’ Tom Jones. Jones reports that WQYK assistant program director Mike Pepper says the station is airing Yahoo! Sports’ Tim Brando in the 12:00 noon to 3:00 pm slot for now but would like to fill that hole with a local show. The station needs time to find the right show. He didn’t rule out either David or King being part of the station in the future. Toby David tells the paper, “I appreciated the time I worked with Shaun and have a great amount of respect for him. I also enjoyed working at CBS Radio and have nothing but the utmost respect for those people and I hope to land on my feet locally.”
CCME Announces National Imaging Team. Clear Channel Media and Entertainment organizes the imaging of its radio formats under the Kelly Doherty-led National Programming Platforms group. The function of this reorganization is to create 15 format-specific imaging coordinator positions and those experts will “produce and distribute compelling and diverse on-air promotional audio spots for Clear Channel’s National Programming initiatives, including format-specific creative efforts across iHeartRadio, Artist Integration Programs and large-scale contests and events including the iHeartRadio Music Festival.” Doherty states, “This team includes the top producers in each format. The talent, expertise and ingenuity that this new Imaging Team brings together is unmatched and I am excited to lead such a top-notch group.” Scott Stanley is named news/talk imaging coordinator and Bob Schmidt is the sports imaging coordinator.
Thaddeus Matthews Off the Air at WPLX, Memphis After Court Ruling. The case involving Memphis talk host Thaddeus Matthews and WPLX, Memphis owner William Pollack took another turn recently after Chancellor Arnold Goldin of the Shelby County Court denied an injunction Matthews had sought to continue broadcasting his program on WPLX. Matthews made national news with a YouTube broadcast video of his on-air encounter with Republican congressional candidate Charlotte Bergmann which ended with Matthews refusing to shake Bergmann’s hand because he didn’t want her “whiteness” to rub off on him. According to The Commercial Appeal, last week’s court ruling revolved around a dispute over money owed by Matthews to Pollack. Matthews leases the time from Pollack and the latter claims he’s owed in excess of $85,000 in fees. Matthews disputes that figure and vows to continue his legal battle while broadcasting his program on the internet.
Rob Otto Joins WCAR, Livonia, Michigan in Sports Director Role. Detroit sports media pro Rob Otto joins Birach Broadcasting’s WCAR, Livonia (west of Detroit) as sports director for the reformatted station positioned as ESPN 1090, according to Michiguide.com. The site reports Otto “will also be tasked with providing local, on-air sports updates for WCAR and helping the station establish local programming and marketing. He’ll also be moving his sports-related blog from MLive.com to ESPN 1090’s website at espn1090.com.” Otto has worked in the Detroit market at WXYT-FM, WWJ, WDFN and WHMI-FM.
Opinion: Talk Host Phil Valentine Says Prohibition of Ethnic References Reeks of Controlling the Language. Nashville-based Dial Global syndicated talk host Phil Valentine responds to TALKERS sports editor Richard Neer’s column (When it Comes to Ethnic Slurs, Just Don’t Go There, 2/23/12) that in this age of political correctness, what is said or written in the media – the ESPN/Jeremy Lin case is a great example – doesn’t have to actually be offensive, it just has to sound that way. Read Phil’s column here.
GOP Primary Race/2012 Presidential Campaign Top News/Talk Story for Week of February 20 – 24. The GOP primary race and the 2012 presidential campaign tied atop the Talkers TenTM chart of the most-talked-about stories on news/talk radio this week. The primary and the issues surrounding the campaign that leads up to the November 5 general election were #1 for the fourth consecutive week. Landing at #2 was Iran’s nuclear ambitions. At #3 was rising gas prices at U.S. pumps and at #4 was the protest in Afghanistan over the desecration of Korans at a U.S. base. The Talkers TenTM chart of the top stories and people discussed on news/talk radio is published each week at Talkers.com and is the result of ongoing research from TALKERS. See the entire chart here.
TALKERS Weekly Affiliation Roundup. Dial Global’s “Overnight America with Jon Grayson” picks up KFWB, Los Angeles for the 10:00 pm to 3:00 am slot…..Cumulus Media Networks’ “Red Eye Radio” is added for the overnight slot at WPRO, Providence…..“Motley Fool Money” with host Chris Hill adds KPQ, Wenatchee, Washington and KPSF, Palm Springs – Money Radio 1200.