Tag: "Paul Kuharsky"
Audacy Third Quarter Net Revenue up 23%. Reporting its 2021 third quarter financial data, Audacy says net revenue was $329.4 million, an increase of 23% compared to the same period in 2020. Spot revenue was $220.6 million, up 21% compared to Q3 of 2020 and digital revenue was $61.4 million, up 30% compared to the same period a year ago. Operating income for the quarter was $29.2 million, compared to an operating loss of $0.3 million in the third quarter of 2020. Audacy president and CEO David J. Field says, “I am pleased to report that Audacy continues to rebound from the pandemic, as third quarter revenues grew 23% over the prior year and 8% sequentially over the second quarter, while EBITDA grew 58% year over year. While many ad categories remain highly impacted as a result of the pandemic, it is great to see an increasing number of categories back above 2019 spending levels. During October, we announced the acquisition of WideOrbit’s digital audio streaming and ad tech business, which we have relaunched as AmperWave, enabling us to accelerate our digital product roadmap and enhance our growth potential… And our podcast studios had a strong quarter of creative, premium original content development including the first release from our 2400Sports studio, our first C13 Features ‘movie for your ears’ in partnership with Endeavor, and the ‘Succession’ companion podcast hosted by Kara Swisher in partnership with HBO Max. We continue to rapidly evolve and fundamentally elevate the organization through a series of strategic acquisitions, organic growth initiatives, structural improvements, talent additions and premium content development and are well positioned to accelerate our growth and capitalize on the exciting opportunities in the dynamically growing audio marketplace.”
Cumulus Audio Active Group: October PPM Audiences Increase. This week’s Cumulus Media Audio Active Group blog focuses on recent information from Nielsen Audio that “as COVID infections fall, public concern over COVID wanes, and commutes to work and school resume,” American AM/FM radio listening “has increased to new highs in the October 2021 48 Portable People Meter markets.” Other noteworthy data includes: 1) Consumers are on the road in their cars; Geopath reports U.S. October 2021 miles traveled were 7% greater than October 2019; Apple Maps says October 2021 driving search volumes surged 59% past pre-COVID levels; 2) U.S. AM/FM radio had its strongest reach performance since COVID, recovering 99% of the March 2020 PPM cume audience in PPM markets; 3) Nielsen October 2021 PPM AQH audiences rose to 96% of March 2020 levels, the second best showing since the pandemic; and 4) Morning audiences exploded to their highest levels in 20 months; Versus a year ago, women 25-54 AQH increased 20% and teen AQH rose a massive 74%. See more from the blog here.
SiriusXM’s Joe Madison Announces Hunger Strike Over Voting Rights Bill. Morning drive talk host Joe Madison says he’s beginning a hunger strike in protest of voting rights not getting passed in the Senate. Madison – a.k.a. The Black Eagle – hosts the morning show on SiriusXM’s Urban View channel. He says, “As a political protest, I am beginning a hunger strike today by abstaining from eating until Congress passes, and President Biden signs, the Freedom to Vote Act or the John Lewis Voting Rights Advancement Act. Both bills were recently passed by the House of Representatives and both have stalled in the Senate. Madison adds, “I call it basically starving for voting rights. And that began on this date. And I repeat just as food is necessary to sustain life, the right to vote is necessary to sustain democracy. Yes, my life matters. My health matters, but our right to vote matters more.”
Hot Radio Guest Speaks at Major Libertarian Gathering. Emeritus finance professor Dr. Murray Sabrin of Ramapo College in New Jersey – one of conservative and liberty-minded talk radio’s most popular “go-to” guests for three decades – recently spoke at the Mises Institute “Supporters Summit” in St. Pete Beach, Florida and outlined his provocative and innovative strategy for medical freedom. Sabrin is the author of Universal Medical Care from Conception to End of Life: The Case for a Single Payer System, where the individual/family is the single payer not the government. In Sabrin’s proposal, medical freedom consists of cash payment for routine care, a super health savings account for more expensive treatment and a catastrophic insurance policy. Also, Sabrin advocates a massive expansion of nonprofit medical centers to replace the $700 billion Medicaid program. He also challenged U.S. Sen. Bernie Sanders (D-VT), who advocates Medicare for All, a government single payer system, to a debate so the American people can hear two diametrically opposing views on the future of medical care in America. To book Professor Sabrin as a hot guest, contact Victoria Jones of DC Radio Company at 917-865-3991 or firstname.lastname@example.org. To view Dr. Murray Sabrin’s 20-minute speech at the Mises Institute event, please click here.
Outkick Partners with Skyview Networks for Ad and Affiliate Sales, Content Distribution. The new relationship between OutKick’s sports talk network and Skyview Networks will have the latter providing network ad sales, affiliate sales and content distribution to Outkick, beginning with the “Outkick 360” program starring Jonathan Hutton, Chad Withrow and Paul Kuharsky. Outkick founder Clay Travis says, “We’re thrilled to work with Skyview to expand OutKick’s brand and reach. Beginning with the ‘OutKick 360’ show, we’re working with the best talent to bring authenticity, perspective and fun back to sports radio. Radio is at the core of OutKick, and we could not ask for better partners than Skyview to grow our network.” Skyview COO and president Steve Jones adds, “We’re excited to be working with the OutKick team in launching a new sports network that provides radio stations dynamic and entertaining programming that will drive ratings and revenue. OutKick’s engaging and knowledgeable hosts with their fan-first sports perspective matched with sports wagering analysis to capture gaming revenue sponsorships fit perfectly with Skyview’s #1 local play-by-play sports position in network radio.”
Audacy Names Brian Benedik Chief Revenue Officer. Media executive Brian Benedik is named chief revenue officer for Audacy, effective December 1. Benedik was most recently VP/global head of revenue for augmented reality developer Niantic. In his new role with Audacy, he’ll lead all aspects of revenue generation across corporate, national, regional and local levels and develop fully integrated, multiplatform sales solutions and breakthrough strategies to attract new revenue streams. Audacy COO Susan Larkin comments, “We’re thrilled to welcome Brian to Audacy and our executive leadership team. His resume speaks for itself, with key roles at audio publishers like Spotify, iHeart Radio, Audible and Katz Media, where his strategic vision enabled the former to quickly elevate from a newcomer in our industry to a multi-billion-dollar leader in the audio streaming space. Brian’s considerable expertise and experience will amplify our revenue generation efforts as Audacy continues its upward trajectory.” Benedik states, “The audio industry is booming with innovation and consumers are enjoying wonderful content experiences across a number of platforms. The Audacy re-imagination efforts are beyond impressive and the portfolio of assets across radio, streaming, podcast, live events, sports play-by-play and sports betting are best in class. I’m looking forward to working with David Field, Susan Larkin and the Audacy executive team to drive value to marketers and our loyal users.”
Biden’s Low Approval Ratings, Supply Chain/Inflation/Gas Prices, COVID-19, January 6 Investigation, COVID Travel Ban Lifted, China’s Military Aggression, and Astroworld Investigation Among Top News/Talk Stories Yesterday (11/8). President Joe Biden’s approval ratings slip to an all-time low of 38% with Americans saying he’s not focusing on the most important issues; the effects of the broken global supply chain, soaring retail prices and record high gas prices; the rate of COVID-19 cases in the U.S., the Appeals Court halt of Biden’s vaccine mandate, and the controversial case of Aaron Rodgers; the investigation into the January 6 Capitol attack; the U.S. lifts the international travel ban; China’s war games using U.S. ship mock-ups; and the investigation into the deadly Astroworld concert in Houston were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Monday Memo: We Are Changed. “New Year, new challenges…AND opportunities!” consultant Holland Cooke reckons. In this week’s column, HC lists “10 Fresh Insights into People’s Changing Behaviors,” based on “billions of tweets (yes, with a B).” Read it here.
Wednesday’s Biden Inauguration Preparation, Capitol Assault Investigation, Impeachment, Trump Pardons and Commutations, COVID-19 Stats & Vaccinations, Social Media and Free Speech, Migrant Caravan, Navalny Arrested, and Martin Luther King Jr. Day Among Top News/Talk Stories Over the Weekend. The preparation for Wednesday’s inauguration ceremonies for Joe Biden and Kamala Harris; the ongoing investigation into the assault on Capitol Hill; the House’s vote to impeach Donald Trump again; speculation about the coming pardons and commutations from President Trump; the fast-rising number of COVID-19 cases and deaths in the U.S. and criticism of vaccine rollout problems; social media’s banning “spreaders of misinformation” and the issue of free speech; a new migrant caravan from Honduras crosses Mexico for the U.S.; Putin opposition figure Alexei Navalny returns to Russia and is detained; and today’s Martin Luther King Jr. holiday were some of the most-talked-about stories on news/talk radio over the weekend.
Pending Business: How Do You Like to Be Coached? Sales and marketing pro, and Lapcom Communications Corp president, Steve Lapa says he recently worked with two top 20 market radio stations with no formal system for sellers to give feedback to air talent handling live reads. “The pattern is predictable. The seller sells, the host does the endorsement read, and results are disappointing. The host reads are off target and the dance begins. No one has taken the time to adjust the feedback system.” Read his column here.
Joe Zarbano Exits WEEI, Program Director Role. The Boston Globe reports that Joe Zarbano has left his PD role with Entercom sports talk station WEEI, Boston. Zarbano first joined WEEI in 2007 as an intern and rose through the ranks to become program director in 2016. He stated in a company-wide memo, “After careful thought and consideration, the time has come for me to pursue new challenges and step away from WEEI. In May of 2007, I walked into 20 Guest St. to begin an internship that I was so excited about I couldn’t sleep the night before. Little did I know, it was the beginning of a 14-year journey that would lead me to some of the most challenging but rewarding years of my life.” The Globe says that while WEEI won a Marconi for Sports Station of the Year in 2018, the Nielsen ratings have been kinder to crosstown competitor WBZ-FM “98.5 The Sports Hub.” The paper notes that in the fall ratings period, WBZ-FM “was first in the market in the men 25-54 demographic, while WEEI was a distant fourth.”
WGFX-FM, Nashville Midday Trio Exits for Outkick Gig. According to a piece in the Nashville Post, the trio of Johnathan Hutton, Paul Kuharsky, and Chad Withrow – hosts of the “Midday 180” show on Cumulus Media’s sports talk WGFX-FM, Nashville “104.5 The Zone” – are leaving the station for a new role with Clay Travis’ Outkick. Travis is building a new Outkick OTT Network that will launch later this year. The Post says Travis’ new venture intends to air from 6:00 am to 7:00 pm ET with live audio and video plus a podcast network. Hutton tweeted, “We’re parting ways with the station, but ‘We’re Not Leaving.’ We remain in the business to win. A priority for each of us was to ensure we’d continue to work with one another, as we are the closest of friends, and we will continue to raise the bar.”
Emily Pankow Named General Counsel for Red Apple Media. Longtime Red Apple Group counsel Emily Pankow is appointed to the general counsel role for Red Apple Media, owner of WABC, New York and operator of WLIR-FM, Long Island. Pankow launched her legal career with Red Apple Group as an associate. CEO John Catsimatidis says, “Red Apple Media and WABC Radio will be well served by Emily’s legal insight. She has proven herself time and time again as an asset to our company over the past 15 years. Since the acquisition of WABC, Emily has been instrumental in the day-to-day legal work and has earned this title. I have every confidence that Emily will succeed in the new position and is destined for great things in the future.” Pankow comments, “I’m honored and delighted to join the Red Apple Media team at this exciting phase of the company’s growth under John Catsimatidis’ leadership. I look forward to helping build upon Red Apple Media’s success. Red Apple Group is continuously expanding its horizons and it has been a pleasure and honor to learn and grow with the company.”
Jordy Culotta Exits WNXX, Baton Rouge. Co-host of the “Off the Bench” program (7:00 am to 10:00 am) Jordy Culotta exits the Guaranty Media spors talk station. Culotta co-hosted the program with T-Bob Hebert and it’s unclear at this time if the company will replace Culotta or continue with Hebert hosting solo.
Retired Wisconsin Radio Personality John Moser Dead. WTMJ, Milwaukee reports that longtime WBEV-AM, Beaver Dam, Wisconsin radio personality John Moser has died, just two weeks after delivering his final broadcast for Good Karma Brands’ WBEV-AM. The details surrounding Moser’s passing are not clear. His family says he went into the woods near Mount Horeb, Wisconsin to hunt coyote and did not return. Authorities later found his body and the cause of death is under investigation. Moser began his career in Beaver Dam in 1973. During his time there, he served as a news announcer, disc jockey, marketing consultant and general manager.
TALKERS News Notes. There’s not a lot of detail on this but Townsquare Media is dropping the Robert Pratt-hosted “Pratt on Texas” program from its talk stations KFYO, Lubbock “Newstalk 790”; KYYW, Abilene; and KWFS-AM, Wichita Falls. The company posted the following to its websites: “As of January 18, 2021 the show ‘Pratt on Texas’ will no longer be heard on Townsquare Media radio stations in Lubbock, Abilene, and Wichita Falls, Texas. Townsquare Media thanks Mr. Pratt for his years of service hosting ‘Pratt on Texas,’ and wishes Mr. Pratt the best in his future endeavors. An additional announcement will be forthcoming concerning future programming on KFYO, KYYW, and KWFS-AM.” Pratt posts on his website that the move is the result of “cancel culture,” apparently implying that his show has been pulled because of his conservatism. Pratt says his ratings “are as great as ever.”…..All day today (1/18), SiriusXM’s Urban View channel and the Joe Madison show are honoring the legacy and celebrating the influence of Martin Luther King Jr. Madison is hosting a special edition of his morning show featuring speeches, sermons, and never-before-heard interviews. Madison is sharing his address to the Bureau of Alcohol, Tobacco, and Firearms on King’s legacy, King’s “Give Us the Ballot” speech and “Why Jesus Called A Man A Fool” sermon, Rev. C.L. Franklin’s “The Eagle Stirreth the Nest,” and exclusive new interviews with Oregon Senator Jeff Merkley, attorney Raymond C. Pierce of the Southern Education Foundation, former Surgeon General Dr. David Satcher, and journalist Joan Walsh. Topics will include the 13th Amendment, supporting Black colleges and Black youth in the South, health equity, and white supremacy…..ABC News Radio is offering extensive live anchored coverage of the inauguration events, starting with the COVID-19 memorial ceremony on Tuesday, January 19. On Wednesday, January 20 ABC News Radio will offer a primetime special report that includes coverage of the planned celebration at the Lincoln Memorial. Correspondent Aaron Katersky will anchor from the Capitol with reporting by correspondent Karen Travers, correspondents Alex Stone and Mark Remillard, and multi-platform reporter Ines de La Cuetara. Coverage will also include reporting and analysis by former White House correspondent Ann Compton, political analyst Steve Roberts, and ABC News’ political team and security experts. ABC News’ flagship daily podcast “Start Here,” hosted by Brad Mielke, will post a special edition on Wednesday featuring the latest reporting on the Inauguration.