Tag: "New York"
Thursday, August 4, 2022
Richard Neer is This Week’s Guest on Harrison Podcast. Legendary WFAN, New York sports talk show host/rock radio pioneer Richard Neer and TALKERS founder Michael Harrison have been close friends and radio colleagues for more than half of the medium’s 100-year history. Needless to say, they always have plenty to talk about regarding media and popular culture – past, present, and future. Richard Neer is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview” marking his record-breaking seventh visit since the program
debuted as one of the platform’s earliest offerings in 2015. In addition to his rich on-air history, Neer is the prolific author of 10 Riley King murder mystery novels and his historic overview of album rock radio, FM: The Rise and Fall of Rock Radio (Villard, 2001) remains a literary milestone chronicling the golden days of the AOR era. On this podcast, Harrison and Neer talk about a wide variety of topics including Joni Mitchell’s recent performance at the Newport Folk Festival, the high cost of Bruce Springsteen concert tickets, the controversial LIV Golf tour backed by Saudi Arabia, changes in the record business, the challenges of writing and publishing historical fiction, movies, TV, CGI and a whole lot more. To listen to the podcast in its entirety, please click here.
Cumulus Media Q2 Net Revenue Rises 5.4%. Reporting its financial data for the second quarter of 2022, Cumulus Media reveals net revenue of $236.7 million – an increase of 5.4% over the same period in 2021. The company also reports net income of $8.7 million for the quarter after posting a net loss of $5.9 million during Q2 of 2021. Total broadcast revenue for Cumulus fell 0.3% to $175.7 million compared to the second quarter of 2021. While radio spot revenue was $127 million – up 5.1% over Q2 2021, network revenue slipped 12% to $48.7 million. Cumulus Media’s digital segment rose 20.3% to $37.8 million. CEO Mary Berner comments, “Our ability to deliver yet another quarter of strong results is testament both to the quality of our strategic plan and the discipline and relentlessness with which we implement it.
Specifically, we have deployed our multi-platform audio-first content strategy, developed multiple digital businesses, significantly reduced fixed costs, undertaken high ROI internal investments, and created a best-in-class balance sheet that gives the company substantial financial flexibility and capital allocation optionality. Given our track record, we have tremendous confidence in our ability, under this plan, to grow shareholder value. Despite the challenging macro environment, we increased revenue in the quarter by more than 5%, driven by our digital businesses whose growth accelerated in Q2 to 20% year-over-year. Additionally, bolstered by our ongoing focus on fixed cost reductions, this quarter we generated additional cash from operations and increased net income, EBITDA and EBITDA margins vs. the same period last year. We also efficiently executed nearly half of our $50 million share repurchase authorization and bought back $50 million of bonds at a discount, while simultaneously reducing net leverage to 3.8x, the lowest it’s been in more than a decade. With a robust political spending season anticipated, we are on trend toward achieving our net leverage target of less than 3.5 times and EBITDA at the low end of our 2022 guidance range.”
Conservative Media Figures Gather at CPAC 2022. Pictured above (from l-r) are WMAL-FM, Washington, DC morning drive personality Larry O’Connor, Salem Radio Network VP, news & talk programming Tom Tradup, and author and TOWNHALL.com contributor Kurt Schlichter in Dallas for the first day of CPAC 2022. The annual event runs through Sunday and speakers scheduled to address the gathering include: former President Donald Trump, Senator Ted Cruz, British conservative leader Nigel Farage, and Hungary Prime Minister Viktor Orban.
Former WFTL, Fort Lauderdale Talk Host Rich Stevens Passes. TALKERS magazine has learned that former WFTL, Fort Lauderdale talk host Rich Stevens died on July 30 at the age of 68 after suffering a heart attack. Stevens worked in music radio prior to hosting his talk show on WFTL, serving at such signals as WPLJ-FM, New York and WJHM, Orlando. He also served at WABC-TV, New York as an entertainment reporter.
TALKERS News Notes. As part of RAB’s Radio Works initiative, the next live presentation in the series titled, “Radio Works for Restaurants,” takes place on Wednesday, August 17 at 1:00 pm ET and will provide industry insights and trends intended to help broadcasters gain a better understanding of the opportunities and challenges facing the restaurant industry and how radio can continue to serve this category. Since the beginning of the pandemic, restaurants have endured closures, staffing shortages, product supply strains and inflationary pressures making for a challenging business environment. Hudson Riehle, senior vice president, research & knowledge group at the National Restaurant Association, will provide an update on the “State of the Restaurant Industry” to help radio sellers understand the areas where businesses in this category need support. It’s free for RAB members and they can register here…..ESPN and Omaha Productions are expanding their relationship in the audio space with the premiere of a new show, “Kyle Brandt’s Basement,” led by NFL Network “Good Morning Football” host Kyle Brandt. The daily show debuts August 8 and “explores the ins and outs of the NFL through lively guest interviews with the top voices in the sport and inventive segments unique to Brandt to
bring fans closer to the action on and off the field.” Brandt comments, “I’m thrilled about this show, and I’ll be shot out of a cannon every single day. It’s in my own basement and I’ve got games, toys and takes. I can promise one thing: it will not be boring.”…..Pictured at left is WGKB-AM/W269DL, Milwaukee “101.7 The Truth” talk host Tory Lowe during last weekend’s 7th Annual Stop the Violence Peace Walk during which he walked from Milwaukee to Chicago (more than 80 miles) to “raise awareness and bring an end to violence in our communities.” Lowe says, “It is important for us to build a bridge between Milwaukee and Chicago, open the lines of communication, and bring awareness to the violence that plagues our communities.”
Kansas Abortion Vote, Midterms/2024 Presidential Race, Pelosi Taiwan Visit, January 6 Investigation, Russia-Ukraine War, The Economy, COVID-19, and U.S. Rep. Walorski Killed Among Top News/Talk Stories Yesterday. Kansas voters elect to keep abortion rights in the state’s constitution; the primary races for the November midterm elections and speculation about the nominees in the 2024 presidential race; House Speaker Nancy Pelosi’s visit to Taiwan and China’s angry response; the January 6 investigation and the DOJ subpoenas issued to former White House counsel Pat Cipollone and former deputy counsel Patrick Philbin; Russia’s ongoing invasion of Ukraine and the impact on the global economy; the falling price of gasoline and the still-high cost of food in the U.S. and concerns about a recession; the rate of BA.5 subvariant cases in the U.S.; and U.S. Rep Jackie Walorski (R-IN) and two staffers are killed in a car accident were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Wednesday, August 3, 2022
Testimony in Damages Phase of Alex Jones Sandy Hook Case in Texas Wraps. Plaintiffs in the Texas suit against InfoWars chief Alex Jones had won their defamation case and yesterday testimony in the damages phase of the trial wrapped up. They are seeking compensatory and punitive damages of $150 million for Jones’ false claims that the Sandy Hook school massacre was a staged event and their children were “crisis actors.” Plaintiffs testified that they have been threatened and harassed for years by Jones’ followers. The case, reported here by CNN, is being complicated by Jones’ attempt to file for bankruptcy for his Free Speech Systems (parent of InfoWars) which plaintiff attorneys claim is an attempt to hide his money from the courts. Plaintiff attorneys also say that Jones has drawn $62 million in assets from Free Speech Systems over the past two years in an attempt to hide assets from the courts. Jones was also found liable for damages in a Connecticut court and jury selection for the damages phase of that trial began yesterday.
Wayne Allyn Root Expands Television Presence. Las Vegas-based talk host Wayne Allyn Root, host of the “Wayne Allyn Root: Raw & Unfiltered” program syndicated by USA Radio, announces he’s launching a new, daily video program on the Mike Lindell TV platform. The program is to broadcast at 7:00 pm ET and is tentatively set to start on August 15. Root also promises another new show – a video and audio podcast – to be announced in the near future. He comments, “Why is my brand exploding? The American people have woken up. They want real news and raw truth. I hold nothing back. I just give my opinions and tell raw truth. I don’t sugar coat it or worry about who I offend. Truth is truth. That’s the only way we’re going to save the greatest nation in world history, ever blessed by God. With truth, action and courage.”
TALKERS News Notes. The Newsmax-syndicated “Rob Carson Show” adds new affiliates as WJFN-AM, Norfolk, Virginia (part of the John Fredericks Radio Network) puts the program in the 12:00 noon to 3:00 pm daypart. Also, Lotus Communications’ KVI, Seattle adds “The Rob Carson Show Weekend” program to its Sunday schedule. Newsmax launched the program into syndication 10 months ago and it is now heard in 19 markets across the country…..Milwaukee talk radio host Dr. Ken Harris is of three radio personalities among the numerous journalists and broadcasters who will serve as a members of the broadcast team for the Wisconsin Broadcasters Association’s debates for the state’s gubernatorial and senate races. The organization has been producing the debates for the past 32 years. Dr. Harris is the afternoon host at Good Karma Brands’ talk WGKB-AM/W269DL, Milwaukee. Also on the team is Brad Williams, anchor/reporter at Mid-West Family’s news/talk WIZM-AM, La Crosse and Jonathan Krause, director of multimedia journalism at Woodward Radio Group in Appleton.
INTERESTING – A Talk Radio Listener Wrote to TALKERS on Facebook: “Can I give your industry a clue? Lots of people still listen to the radio every day at work. You think because nobody calls the station anymore that you have no listeners. Businesses nowadays have all their employees under video surveillance and if they see you on the phone you are subject to disciplinary action. We still hear you, but we can no longer interact with you.”
RIP Vin Scully. In recognizing the passing of the legendary Dodgers play-by-play man, consultant Holland Cooke writes: “He was the voice of the Dodgers, from Jackie Robinson to Clayton Kershaw. Though LA listeners knew him best, fans everywhere remember his historic World Series calls. 1988 Game 1 was one for the ages. Working solo for decades as two- or three-voice broadcast teams became the norm, Vin Scully sounded like he was watching the game sitting next to you. The Athletic called him ‘the solitary voice emanating over the airwaves. He was renowned for his spellbinding monologues, his folksy wisdom and his sense of the moment — some of Scully’s most famous calls revolved around silence, his usage of the crowd to tell a story that words could not justify.’”
Public Radio Syndication Pioneer Larry Josephson Dies at 83. The Washington Post has the obituary here for longtime public radio personality, producer and syndicator Larry Josephson, who passed away on July 27 at age 83. A computer engineer by trade, he joined the volunteer staff at fledgling public radio outlet WBAI, New York in the mid-1960s. He quickly transitioned to the morning drive host. As the Post notes, Josephson “went on to create five decades of public radio programs, reviving the popular and influential “Bob & Ray” comedy team for a new generation of fans, hosting a nationally syndicated series of discussions between conservative thinkers and an argumentative but charming liberal (himself), and producing marathon readings of James Joyce’s Ulysses and a documentary history of the Jews.” He built a radio studio in a bedroom of his Upper West Side apartment from which he would produce his own shows and a number of other public radio programs.
Pelosi Taiwan Visit, Midterms/2024 Presidential Race, Abortion Laws, The Economy, Russia-Ukraine War, and Vin Scully Dies Among Top News/Talk Stories Yesterday (8/2). House Speaker Nancy Pelosi’s visit to Taiwan and China’s reaction; the primary races for the November midterm elections and speculation over the nominees for president in the 2024 race; the abortion laws being enacted in various states in the aftermath of the overturning of Roe v Wade; the high price of gasoline and food and the Manchin–Schumer authored Inflation Reduction Act; Russia’s ongoing invasion of Ukraine and the global economic impact; and legendary Los Angeles Dodgers broadcaster Vin Scully dies were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.