Tag: "Omni Hotel"
TALKERS 2016 Conference to Feature Podcasting Panel. Attendees at this year’s TALKERS 2016 Bridging the Generations conference at Hofstra University on Friday, May 20 will have the opportunity to hear PodcastOne chairman and founder Norm Pattiz moderate “The Podcasting Session.” This panel will feature: Panoply/The Slate Group chief content officer and co-founder Andy Bowers; WOR, New York program director Tom Cuddy; Hubbard Radio SVP of programming Greg Strassell; and Edison Research VP of strategy Tom Webster. This panel discussion will delve into the issues relevant not only to the podcasting platform itself, but also into issues AM/FM broadcasters who are also producing podcasts are dealing with. TALKERS magazine executive editor Kevin Casey says, “Podcasting is obviously a hot topic in the radio industry right now. Talk radio practitioners are eager to learn about the best practices for producing and selling this digital content and this panel discussion, led by industry pioneer Norm Pattiz, will send them home with actionable information on this nascent form of broadcasting.” TALKERS 2016 Bridging the Generations is nearing a sellout. For complete agenda information click here. To register or for sponsorship information, call 413-565-5413.
Emmis Fiscal Q4 Revenue Down 6%. The Indianapolis-based company functions on a fiscal calendar and its 2015 fourth quarter ended on February 29 of this year. Emmis Communications reports its radio net revenue was $36.4 million, down 6%. For the full fiscal year of 2015, radio revenue was $169.2 million, compared to $176.3 million in the prior year, a decrease of 4%. President and CEO Jeff Smulyan states, “Emmis’ fourth quarter was weak, mostly due to expected underperformance in Los Angeles. The good news is our first quarter is much improved and currently pacing flat to the prior year. New York’s performance has been stellar, ratings in LA have begun to grow again, and ratings across our other radio markets are very strong. NextRadio is coming off a fantastic National Association of Broadcasters convention, and momentum is building. At NAB, it was announced that PRSS, the distribution network for public radio, is being integrated into NextRadio. Carrier and handset conversations are robust, and advertiser interest is high. In addition, we will launch in our first international market, Peru, in the coming weeks. I couldn’t be more pleased with the efforts of Paul Brenner and his team in bringing NextRadio to our industry and to listeners everywhere.”
Salem Media Group Broadcast Revenue Rises 4.2%. It was a quarter of increases all the way around for Salem Media Group. Its total revenue increased 4.4%. The broadcast segment saw revenue rise 4.2%. Digital media was up 4.6% and publishing revenue increased 6.5%. CEO Ed Atsinger says the 4.2% broadcast sector increase “compares favorably to the market generally which was up about 1.7% at least in the markets in which we operate according to Miller Kaplan. Our block programming had another solid quarter, up 7.1%, local spot revenue grew 3.6%, network revenue grew by 16.7%. And geographically, we had a strong market performance in Los Angeles, Chicago, Atlanta, while facing some weakness in the Dallas market.”
Radio One Reports First Quarter Revenue Hike of 3.1%. Company president and CEO Alfred Liggins III says the good first quarter news is continuing into the second quarter. For Q1 of 2016, Radio One net revenue was approximately $109.1 million, an increase of 3.1% from the same period in 2015. Station operating income was approximately $39.6 million, an increase of 10.1% from the same period in 2015. Liggins states, “We saw a sequential monthly improvement in our radio revenues as the first quarter progressed, and that positive momentum is continuing into Q2 where we are pacing up low single digits. Political revenues were strong, which augurs well for the fourth quarter when we historically receive the bulk of political radio advertising. TV One had a strong first quarter, with growth in both advertising (+3.5%) and affiliate revenues (+12.3%). All four of our reportable segments posted year-over-year, double-digit adjusted EBITDA growth. Overall I was pleased with our 13% growth in consolidated adjusted EBITDA, the stabilization of our radio revenues, and growth of radio cash flow.”
Saga Communications Net Revenue Up 12.7%. For the radio segment of Saga Communications, the pro forma net operating revenue was up 4.6% on revenue of $27.5 million for the first quarter of the year. The company closed on its purchase of classic rock WLVQ, Columbus during the quarter and had been operating the station under an LMA since last November. Saga reports that free cash flow increased 35.4% to $4.9 million and operating income increased 40.1% to $5.3 million.
Sports Talker John Lund Crosses Street to KNBR, San Francisco. The Bay Area sports talk personality leaves Entercom’s KGMZ “95.7 The Game” to become co-host of the afternoon drive show at Cumulus Media’s KNBR with Tom Tolbert. John Lund co-hosted the midday “Papa & Lund” show with Greg Papa at KGMZ. He’s also worked at KXTG-AM, Portland; KESN-FM, Dallas; WXYT-FM, Detroit; WEAE-AM, Pittsburgh; and KZNS-AM, Salt Lake City. KNBR program director Lee Hammer says, “John brings a wealth of sports knowledge and experience to KNBR. He’s worked in San Francisco for several years, and has keen insights into our Bay Area teams. KNBR fans are in for a real treat when he’s teamed up with Tom Tolbert in afternoon drive. It will definitely be ‘appointment listening.’”
Ramsey, Rich Headlining Radio Show. In a vCreative-sponsored session, financial expert/radio host Dave Ramsey will keynote this year’s Radio Show. Part of his “Cutting Edge Trends in Marketing” address at the confab, produced by the Radio Advertising Bureau and the National Association of Broadcasters, will include a conversation with country music artist John Rich (right) of the duo Big & Rich. According to RAB president and chief executive officer Erica Farber, “We are delighted and honored that Dave Ramsey and John Rich will join us at this year’s conference. These two incredible innovators will share some great ideas. Radio Show attendees will walk away with tremendous takeaways they can then put to use immediately.” NAB executive vice president of radio John David comments, “The power of radio has contributed to the successful careers of both Dave Ramsey and John Rich. We are pleased to present these talented and engaging individuals at the Radio Show.” Ramsey’s daily syndicated eponymous radio program is heard on more than 550 stations, while his “Financial Peace” and “Total Money Makeover” books have sold more than a combined 10 million copies. He was inducted into the NAB Broadcasting Hall of Fame in 2013 and into the National Radio Hall of Fame two years later. The Radio Show will be held in more than four months (9/21 – 23) at Nashville’s Omni Hotel; The Ramsey-Rich session takes place the first day of the conference, Wednesday, September 21.
PodcastOne and MediaDC Launch Two New Podcasts. Two new shows are debuting on the PodcastOne platform. MediaDC, publisher of The Weekly Standard and Washington Examiner, is working with PodcastOne to present “Examining Politics by Washington Examiner” and “Weekly Standard Confab.” Washington Examiner senior congressional correspondent David Drucker hosts “Examining Politics” which will revolve around the publication’s editorial content. It’ll feature Drucker and a roundtable of staff. “The Weekly Standard Confab” is hosted by managing editor Eric Felton, who will be joined by a different guest each segment to talk about topics ranging from politics, policy and international affairs, to arts and culture. PodcastOne chairman and CEO Norm Pattiz says, “There’s just too much going on this election season for PodcastOne not to be part of it. In partnering with MediaDC to produce and distribute podcasts from The Weekly Standard and Washington Examiner, we’ve accomplished our mission.”
Odds & Sods. The USA Radio Networks-syndicated “Trending Today USA” with Rusty Humphries moves to the 12:00 noon to 3:00 pm ET daypart and adds a new affiliate in iHeartMedia’s WGST, Atlanta. Station PD Dan Hunt says, “Rusty has a great history in Atlanta and we are excited to have him back on Talk Radio 640 WGST. ‘Trending Today USA’ provides our listeners with the latest news and information in real time, while bringing a fresh perspective that can’t be duplicated anywhere else in the market.”…..KCSP, Kansas City sports talkers Danny Parkins and Carrington Harrison were disturbed by the Kansas City Chiefs’ decision to draft Tyreek Hill after the football player had pleaded guilty to hitting and choking his pregnant girlfriend. They decided to do something positive about it and started a GoFundMe campaign to raise money for the Rose Brooks Center domestic violence shelter. So far they have raised more than $12,000.
The Presidential Race, Hillary Clinton Email Server Case, Battle Against Islamic State, North Korea Nukes, Russia-NATO Tensions, California Ups Legal Cigarette Purchase Age, and NBA-NHL Playoffs Among Top News/Talk Stories Yesterday (5/4). GOP candidate Donald Trump secures the nomination with a victory in the Indiana primary election; allegations by Romanian hacker Guccifer that he accessed Hillary Clinton’s private email server; the death of a Navy SEAL in Iraq and the ongoing battle against Islamic State; the reported build-up of nuclear weapons by North Korea; Russia’s military posturing and threats against NATO; California becomes the second state to make tobacco purchases legal for those 21 and older; and the NBA and NHL playoffs were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.