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Friday, September 29, 2017

| September 29, 2017

Michael Harrison Says Talk Radio Is at the Forefront of Radio’s Evolution into the Digital Era.  At this morning’s (9/29) weekly meeting of the TALKERS editorial board, the publication’s founder addressed the relationship between talk radio and music radio from a sales perspective saying that the foreground nature of talk radio and the significant influence its talent have over the actions of its loyal listeners gives advertisers a tremendous bang for their buck – “on a dollar by dollar basis, as much as three times the potency of music radio for a wide variety of general consumer products including restaurants, automobiles, appliances, clothing, travel and health care.”  According to Michael Harrison, spoken word radio’s influence on keeping the medium pertinent extends beyond advertising power.  He states, “Talk show programming is at the forefront of three movements that make it the most formidable force in radio today.  These include the transition and expansion of audio media from on-air to online platforms; the delivery of effective direct-response marketing to advertisers; and continuing influence in public policy and the marketplace of ideas.  In today’s noisy world, influence is valuable currency unto itself.”  Harrison brought the issue up at the meeting after having recently been asked to comment on the subject of selling talk radio for a story being written by a major consumer publication.

Deborah Rodriguez New AM Anchor on WCBS News Radio.  Starting Monday (10/2), radio news pro Deborah Rodriguez is the weekday morning drive time anchor for CBS News Radio.  Rodriguez will anchor the top-of-the-hour newscasts on the network starting at 5:00 am.  She takes over for Frank Settipani, who handled the morning anchor position for the past 10 years. Rodriguez has been with CBS News Radio since 2014 as a writer, reporter and correspondent anchoring such major news events as the San Bernardino terrorist attack, the shooting of five Dallas police officers, the presidential campaign, the Pulse nightclub shooting in Orlando, and Hurricane Harvey.  Between 1992 and 2017, Rodriguez also worked at WCBS-AM, New York “Newsradio 880” anchoring middays and the afternoon drive dayparts.  She was WCBS-AM news director from 2008 through 2014.

Shelman to Program KBOI, Boise.  Afternoon drive talk show host Nate Shelman is adding program director duties to his role with Cumulus Media’s news/talk KBOI-AM.  The company had been searching for a new program director and, in a memo to the staff from vice president and market manager Don Morin, Shelman is quoted saying, “I consider it an honor and a great pleasure to continue keeping KBOI as successful as it has been and will work hard with everybody to accomplish and surpass our goals!”

WTIC, Hartford Welcomes Bob Cox Back to Morning Show.  Hartford news/talk WTIC-AM “NewsTalk 1080” announces a change to “The Morning Show with Ray Dunaway” as meteorologist Joe Furey exits the show and Bob Cox returns to serve as weekday morning meteorologist.  Cox previously held the position from 1992 to 2014.   WTIC-AM program director Jenneen Lee says, “Together, Bob, Sam, Steve and AccuWeather will provide important local weather forecasts, without the hype, to WTIC’s loyal listeners throughout Connecticut.  We’re thrilled to welcome Bob back to the station and feel great about the dynamic team we have in place.”

iHeartMedia Names Drew Salamon to New Regional Sales Post.  Radio sales pro Drew Salamon is moving from iHeartMedia’s Pittsburgh Region to the Virginia-Carolina Region to take on the regional vice president of sales position.  iHM Virginia-Carolina Region president Dave Carwile says, “Drew is a natural leader and has a proven track record of success in this role.  His experience as the region senior vice president of sales in iHeartMedia’s Pittsburgh Region, oversight of sales efforts with world championship teams like Pittsburgh Steelers Radio Network, back-to-back Stanley Cup Champion Pittsburgh Penguins Radio Network and his tremendous passion for helping clients grow their business makes Drew the perfect choice for this important role.”

TALKERS News Notes.  Satellite radio operator SiriusXM announces the appointment of Megan Liberman to the position of SVP, news, talk & entertainment.  She comes to the company from the digital world, having most recently served as vice president and editor-in-chief at Yahoo News Group.  To this position she brings experience from the print news industry, having served for 13 years with The New York Times, ultimately as deputy news editor.  The following executives will report to her: Dave Gorab, VP/GM, talk programming; Tim Johnson, PD, entertainment programming; Steve Sturniolo, PD, entertainment programming; Jack Vaughn, SVP, comedy programming…..The Boston Globe and public radio news talker WBUR, Boston are partnering for a new, daily podcast designed to provide “in-depth analysis and thought-provoking discourse on sports.”  Titled, “Season Ticket” (and launching on 10/2), it will be hosted by Globe sports columnist Chris Gasper.  A preview episode is available and delves into the NFL protests issues from a local perspective …..WHMP-AM, Northampton, Massachusetts morning drive personality Bob Flaherty is training hard for his October 6 ping pong marathon fundraiser.  Flaherty and the Saga Communications news/talk station will be at Zing! Table Tennis in Northampton from 7:00 am to 7:00 pm as Flaherty attempts to play for 12 hours straight — against a number of local politicians as well as regular citizens — while raising cash for the Roman Catholic Diocese of Springfield’s refugees resettlement project.  Check out the promo poster at right with Flaherty dressed up like John McEnroe.

Smyth Inducted into Massachusetts Broadcasters Hall of Fame.  Pictured above are Beasley Media Group CEO Caroline Beasley (left) and former Greater Media chairman and CEO Peter Smyth (right) at yesterday’s Massachusetts Broadcasters Hall of Fame Induction Luncheon.  Smyth was among the 2017 Inductees recognized for their life-long contributions and commitment to the broadcasting industry.  Caroline Beasley commented, “On behalf of the entire Beasley Media Group family, we are thrilled for Peter in receiving this well-deserved honor that celebrates his many outstanding contributions and achievements in the broadcasting Industry.”  Beasley Media Group acquired Greater Media’s radio stations in 2016.

NFL Anthem Protests Top News/Talk Story for Week of September 25-29.  The protests by NFL players during the playing of the national anthem and President Trump’s admonition of the protesters was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM.  At #2 this week was the Trump administration’s tax overhaul plan.  Coming in at #3 was the GOP’s attempts to repeal the Affordable Care Act, followed by Alabama judge Roy Moore’s victory in the GOP Senate special election primary at #4.  The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine.  View this week’s entire chart here.

KHOW, Denver Talk Show Host and Former FEMA Director Michael Brown is this Week’s Guest on Harrison Podcast.  The latest installment of the award-winning PodcastOne media series “Up Close and Far Out with Michael Harrison” posted on 9/26 features a fascinating, wide-ranging conversation between the TALKERS founder and KHOW, Denver host Michael Brown.  Brown, a non-practicing attorney, hosts the daily 4:00 pm to 7:00 pm show on the iHeartMedia powerhouse. He gained fame (including a degree of infamy) while serving as head of FEMA during the post-Hurricane Katrina days of the President George W. Bush administration when he became the “poster boy” for all that went wrong in the government’s handling of the devastating crisis.  Brown – a member of theTALKERS “Heavy Hundred” –  has gone on to become a tremendously successful radio personality. He has also evolved into one of the nation’s leading “go-to” experts on the volatile intersection of natural disasters and politics.  According to Harrison, “Michael Brown has evolved into one of the most original, knowledgeable and forthright hosts in talk radio today.  His experience in the Department of Homeland Security [that incorporates FEMA], that included a trial by fire in the media in the aftermath of Katrina, has given him first-hand knowledge and extraordinary wisdom in the complex subject of government and personal responsibility during and after natural disasters.”  Harrison continues, “He has also developed tremendous savvy about the modern-day issues of the radio business including navigating social media, accumulating workable cross-platform metrics, and balancing local and national content in the age of Donald Trump – topics we explore in this conversation.”  To listen to the podcast in its entirety, please click here or click on the “Up Close and Far Out” player box located in the right-hand column on every page of Talkers.com.

 

 

Music Radio News and Career Moves.  On air pro Shawnda McNeal joins Cumulus Media’s country KIZN, Boise “Kissin’ 92.3” where she’ll be part of the morning show with Cory Mikhals and will also host the midday program from 10:00 am to 2:00 pm.  During her career, McNeal has worked on air at KDGE, Dallas “102.1 The Edge,” KHMX, Houston “Mix 96.5” and others.  Station program director Hank Aaron says, “We did an extensive national search to find the exact right person to join Cory Mikhals for mornings at ‘Kissin’ 92.3.’  Shawnda not only brings morning show experience but the energy, creativity, and passion to win.  Can’t wait for them to start this Monday!”…..Envision Networks expands its partnership with Sun Broadcast Group to include additional affiliate sales support for Sun’s nationally syndicated shows, “Little Steven’s Underground Garage” and “Slacker & Steve.”  Envision Networks continues its affiliation support for Sun’s Shazam for Radio platform.  The two companies have been working closely together for years on various products including advertising sales support for Envision Hispanic and general market products including “Six Second Reviews,” AudioMonky, “Our Auto Expert” and Collin Raye’s “Rewind Country.”  Envision president and CEO Danno Wolkoff says, “With the continued success of Shazam for Radio affiliations, we are thrilled to add ‘Slacker & Steve’ and ‘Little Steven’s Underground Garage’ to the list of programming we can offer radio stations.  Sun Broadcast Group represents some of the best talent available for syndication and we look forward to expanding their current footprints throughout the USA.”…..Country superstar Kenny Chesney (right) is co-hosting “Country Countdown USA” with Lon Helton (left) this weekend (9/30-10/1).   On the program, the two discuss Chesney’s ​Love For Love City Fund, aimed at helping the residents of the U.S. Virgin Islands, hard hit by Hurricane Irma.  Chesney also discusses his recent shows at Gillette Stadium in Foxborough, Massachusetts, his current hit “All The Pretty Girls,” and his forthcoming album Live In No Shoes Nation.

Wednesday, March 30, 2016

| March 30, 2016

podcastone bPodcastOne Launches Premium Service.  This just-announced service from podcasting giant PodcastOne will present to subscribers “new exclusive content and interactive opportunities…available from the top podcasters across America, including PodcastOne’s Adam Carolla, Shaquille O’Neal, Steve Austin, Heather Dubrow, Brandi Glanville, Nicole ‘Snooki’ Polizzi, Larry King, Dan Patrick, Rich Eisen, Jay Mohr, Dr. Drew, Penn Jillette, and more.  Additionally, a series of Adam Carolla interviews with the top names in music, show business and beyond, will be made exclusively available and commercial free for PodcastOne Premium members [that] brings fans the closestcarollaadam they’ll ever be to their favorite podcast hosts through interactive opportunities, and is available, effective immediately.”  The company says the exclusively-available Adam Carolla interview series features talents like Seth MacFarlane, Bryan Cranston, Michael Moore, Seth Rogan, Alec Baldwin, Bob Odenkirk, Kevin Costner and more, all commercial-free.  Carolla also moves his entire premium pattiznormcollection to the PodcastOne platform, with new episodes weekly, including the popular “Take A Knee” podcast, along with “Two Chairs and a Mic” and original series’ “Adam’s Best” and “Adam’s Week In Rage.”  PodcastOne chairman and CEO Norm Pattiz says, “We’ve been developing new content and opportunities to give our listeners the best experience possible, bringing together our podcast programs, original exclusives and multi-media engagement opportunities.  Exclusive content and subscriber-only opportunities and events will make the ‘limited commercials’ perk seem small.  This will be the best Premium podcast platform out there.”

wtop logo NEW 1-15BIA/Kelsey: WTOP, Washington Top Biller for 2015; KFI, Los Angeles Back in Top 10.  Perennial big biller WTOP, Washington is the #1 biller in the nation for 2015 according to data from BIA/KelseyHubbard Radio’s WTOP has been the top biller five out of the last six years.  It was bested in 2014 by KIIS, Los Angeles (which finished #2 in 2015).  Major market all-newsers showed wellkfi logo again this year with CBS RADIO’s WCBS-AM, New York (#5); WINS, New York (#9); and WBBM-AM/WCFS-FM, Chicago (#6) all making the top 10.  The company’s sports talk WFAN, New York (#4) was the only sports talker to make the list.  Returning to the top 10 after a three-year absence is iHeartMedia’s news/talk KFI, Los Angeles (#10).  The rest of the top 10 consists of iHeartMedia music outlets KIIS, Los Angeles (#2); WHTZ, New York (#3); KBIG, Los Angeles (#7); and WLTW, New York (#8).

greaterMedia60Greater Media to Celebrate 60 Years in Broadcasting.  Tomorrow (3/31), Greater Media celebrates 60 years in the broadcasting business.  The company was founded in 1956 by Yale classmates Peter A. Bordes and Joseph Rosenmiller.  It began with the ownership of WESO-AM, Southbridge, Massachusetts and grew to multiple radio stations, cable television, printing, publishing, and telecommunications operations by the mid-1980s.  In 1999, the company sold its cable business in order to focus more exclusively on its radio and newspaper operations.  Greater Media is the parent company of 21 AM and FMsmythpeter radio stations in Boston, Detroit, Philadelphia, Charlotte, and New Jersey; a group of weekly newspapers in central New Jersey; and several telecommunications towers throughout the United States.  Greater Media chairman and CEO Peter Smyth comments, “I am very proud of the achievements of our company over the past 60 years.  Greater Media is the culmination of Peter Bordes’ life’s work.  I am grateful to our incredible employees for their continued dedication in making Greater Media greater on a daily basis over the past six decades.”

Odds & Sods.  Sports media personality and former NFL quarterback Rich Gannon is exiting SiriusXM’s “The Blitz” program to spend more time with his family in Minnesota.  Gannon – who’s been with the satcaster for the past seven years – will continue to work for CBS TV’s NFL coverage…..Westwood One is presenting radio play-by-play for the NCAA Men’s Final Four games in Houston on Saturday, April 2 as well as Championship Game on Monday, April 4…..CBS Sports Radio is broadcasting from Houston beginning tomorrow (3/31) live from Westwood One’s radio row at the George R. Brown Convention Center ahead of the NCAA Final Four.  Personalities including CBS Sports analyst Doug Gottlieb, former NFL Pro Bowl running back Tiki Barber and sports personality Brandon Tierney will produce content from the scene.  Also, various CBS RADIO sports stations, including WFAN-AM/FM, New York; KILT-FM, Houston; and WZGC, Atlanta will broadcast live from the city and will air Westwood One’s play-by-play of the NCAA Final Four games…..Programming pro Louie Cruz is “going home” to Modesto, California to serve as SVP of programming for iHeartMedia’s five-station cluster there that includes: rhythmic oldies KQOD “Mega 100,” hot AC KOSO “B93,” rock KMRQ “Rock 96.7,” and news/talk KFIV “Powertalk.”

The Presidential Race, Brussels and Pakistan Terror Attacks Aftermath, Islamic State Threats in Turkey, Bill Clinton ‘Mistress’ Story, Obama Journalism Lecture, and SCOTUS Public Unions Dues Case Among Top News/Talk Stories Yesterday (3/29).  The activities of the candidates for president and last night’s GOP town hall meeting in Milwaukee; the aftermath of the terror attacks in Brussels and in Pakistan; the State Department’s ordering of U.S. citizens to leave Southern Turkey in the wake of threats from Islamic State; controversy over tales from an alleged Bill Clinton mistress; criticism of President Obama over his chiding of journalists; and the Supreme Court deadlocks on a move to overturn some states’ laws forcing non-union public sector employees to pay union dues were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

miw logoMIW Radio Group Announces 2016 Mentees.  The four mentees for this year’s 2016 Mildred Carter MIW Group Mentoring Program have been chosen by the Mentoring & Inspiring Women in Radio Group.  They are: Kathy Byerly, GSM, Neuhoff Media, Decatur, Illinois; Charlie Maxx, PD, Beasley Media Group, Wilmington, Delaware; Brittney Quarles, LSM, Radio One, Richmond, Virginia; and Stephanie Sabota, GSM, Cox Media Group, Tampa.  The MIW Radio Group says the mentoring program matches up-and-coming women in the radio industry with female professionals recognized as leaders in all aspects of radio.  To date, the Mildred Carter MIW Group Mentoring Program has successfully mentored a total of 35 mentees.  MIW spokeswoman Kay Olin says, “It is very rewarding to track the professional growth and success of our mentees.  We can clearly see a direct correlation between the participation in this supportive and impactful program and the accomplishments and professional trajectory our mentees achieve.”

Thursday, February 4, 2016

| February 4, 2016

iheartmedia logo smallReport: iHeartMedia Considering Securities Sale to Retire Debt Due in 2019.  According to a report from Bloomberg News, iHeartMedia is looking at a plan to offer up for sale securities in one of its units to help retire some $1.4 billion in bonds.  The report states that the company would create a subsidiary called Broader Media LLC. Existing debtholders would be offered the opportunity to exchange for the new obligations.  According to Bloomberg, $8.3 billion in debt is coming due in 2019 for iHeartMedia.  “iHeart’s plan would erase $192.9 million of 5.5 % unsecured notes due December 2016 that are already considered current,” a source told Bloomberg.  “The proposal is also intended to retire the company’s $190 million revolving loan due December 2017, the $850 million of 10% unsecured notes due January 2018 and the $175 million of 6.875% unsecured notes due June 2018.”  Read the Bloomberg piece here.

knightbuzzGreater Media Promotes Buzz Knight to SVP of Program Development.  Fourteen-year Greater Media staffer Buzz Knight is promoted to SVP of program development for the company.  Knight’s new duties include responsibility for “overseeing programming development for all of Greater Media’s radio properties and collaborating with the individual stations to build winning content, digital and brand management strategies.”  Greater Media CEO Peter Smyth comments, “Buzz has done an outstanding job overseeing our programming brands across the company over the past 14 years.  His insight and leadership plays an important role in the continued success of our company.”

Iowa Caucuses Aftermath/Presidential Race, Battle Against Islamic State, $1.7 Billion Iran Payment Controversy, Zika Virus Concerns, Bill Cosby Sexual Assault Case, Ken Stabler CTE Issue, and Run-Up to Super Bowl 50 Among Top News/Talk Stories Yesterday (2/3).  The aftermath of the Iowa Caucuses, the focus on the New Hampshire Primary and the activities of the candidates for president; the U.S. military policy on defeating Islamic State; the controversy over the United States’ $1.7 billion payment to Iran as part of the nuclear agreement; fears about a potential pandemic of the Zika virus; the status of the sexual assault case against Bill Cosby; the results of the post-mortem on NFL great Ken Stabler and its effect on football’s CTE problem; and the week’s activities leading up to Sunday’s Super Bowl 50 were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

miw logoMIW: Women Gaining in GM and SM Roles; Stagnating in Programming Management.  According to data from the most recent Gender Analysis Study from the Mentoring and Inspiring Women in Radio Group (culled from data from M Street Publications), since 2004 the number of women serving in general manager positions has risen from 14.9% to 17.3% in 2015.  However, a tally of women in program management positions shows a negligible increase of 10.9% in 2015 compared to 10.7% in 2004.  MIW spokeswoman Kay Olin states, “Tracking the leadership roles of women in media brings awareness to the continued need to reach back and lift up.  There is an incredible talent pool of strong and capable female leaders and they stand ready to make a difference.  It is the responsibility of all of us in the media industry to make sure that we are conscientiously and consistently practicing inclusion.”

Odds & Sods.  After just a year hosting afternoon drive at iHeartMedia’s news/talk simulcast KALZ-FM/KRZR-gabrielchristopherAM, Fresno “PowerTalk 96.7 and AM 1400,” Christopher Gabriel exits the station.  On his Facebook page, Gabriel states, “Hey folks, here’s a little news: PowerTalk  96.7 and I have parted ways as of this morning.  I want to thank them for the opportunity to come to Fresno, work with a ton of talented radio artists and have some fun California adventures.  So… what’s next?  I guess we’ll see!”…..Former NBA star Dennis Rodman will appear as a special guest at WIP, Philadelphia’s “Wing Bowl 24” wipwingbowl24tomorrow (2/5) at the Wells Fargo Center.  The competitive eating event is pitting last year’s champion, Patrick “Deep Dish” Bertoletti, former champ Molly Schuyler, and the infamous LA Beast, against the field of local eaters.    Philadelphia Eagles long snapper Jon Dorenbos will act as the commissioner of Wing Bowl 24.  Local rock legend Tommy Conwell will perform the National Anthem.  Rodman will also be appearing at the WIP/SugarHouse Casino official after party of Wing Bowl 24.  WIP’s Michael Barkann and Ike Reese will broadcast from SugarHouse Casino from 10:00 am to 2:00 pm and the casino will feature food and drink specials all day long.

hochmanNSD16National Signing Day Remote for WQAM, Miami.  Remote broadcasts can present any number of technical and/or programming challenges, but the afternoon drive air staff at CBS RADIO’s sports talk WQAM, Miami was able to put on a brave face and forge ahead as it broadcast on Wednesday (2/3) at a local Twin Peaks restaurant.  The “Hochman, Crowder, and Krantz” show broadcast live for National Signing Day – the day when top high school athletes announce which college they’re going to attend.  Surrounded by the hard-working service staff at Twin Peaks are (from l-r): Channing Crowder, Zach Krantz, and Marc Hochman.

doverbenjaminFormer Talk Host Benjamin Dover Dead at 57.  Former Texas talk show host Benjamin Dover died back on January 1 after complications from pneumonia, according to an obituary published in the Dallas Morning News.  Dover was born Lance Blumen.  As his obit states, he got into the consumer advocacy business after a near-fatal motorcycle accident in 1989.  He not only hosted a radio program on such signals as KLIF and KRLD-AM in Dallas and KFI, Los Angeles, he was a columnist for the Dallas Morning News from 1998 through 2004.

Friday, January 29, 2016

| January 29, 2016

talkersten logoThe Presidential Race Tops Talkers TenTM for Week of January 25-29.  The activities of the candidates for president – highlighted by Thursday’s GOP debate and candidate Donald Trump’s choice not to participate – were the most-talked-about story during the week.  At #2 was the low price of oil and its effects on the world’s financial markets.  Coming in at #3 was the boycott by some black entertainment industry figures of this year’s Academy Awards show, followed by U.S. immigration and refugee policy at #4.  The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine.  View this week’s entire chart here.

gillemdennyFrontlines of Freedom Adds New Affiliates; Hosts Honored Veteran Guest.  The Talk Media Network-syndicated “Frontlines of Freedom” program announces the addition of 10 new affiliate stations, pushing its station roster to 105.  The weekly military and veterans talk show is hosted by Denny Gillem, LTC, U.S. Army (Retired).  Gillem states, “Our goal is the same today as when we came up with the idea for Frontlines of Freedom: To assist our listeners in better understanding the role of our military, and the challenges our nation faces.”  New affiliate stations include: WWRC, Washington; KBNP, Portland; and WGMD-FM, Rehoboth Beach, Delaware.  Talk Media Network CEO Josh Leng reports that the program recently hosted a special guest.  “You need to have great content to attract and retain an audience, and the colonel’s interview this week with Chris ‘Tonto’ Paronto, one of the heroes portrayed in the movie 13 HOURS: The Secret Soldiers of Benghazi, is another example of our commitment to delivering compelling stories and information through ‘Frontlines of Freedom.’”  Program host Lt. Col. Denny Gillem is a graduate of West Point and is an Airborne Ranger.  He served 22 years in the US Army, including two tours in Vietnam, where he earned seven awards for valor and two Purple Hearts.  He also served as a Mideast War Planner and later ran the ROTC program at the University of Tampa.

Odds & Sods.  During Super Bowl week, FOX Sports Radio announces it will again present programming fromfoxsportsradio logo the Bay Area in the build-up to next Sunday’s championship game.  “The Herd with Colin Cowherd,” “Jay Mohr Sports,” J.T. The Brick, and the Jason Smith show with Michael Harmon will broadcast live from radio row at the Moscone Center in San Francisco, while the Dan Patrick show and the Rich Eisen show will emanate from the site of DirecTV’s remote broadcast at the historic Presidio in San Francisco…..Greater Media promotes Ellen Rubin to senior vice president and general counsel for the company.  She’s been with Greater Media since 2003.  In 2007 she was promoted to VP and general counsel.  Chairman and CEO Peter Smyth states, “Ellen is a brilliant attorney who has been a key player in shaping Greater Media’s future.  We are fortunate to have someone like Ellen in our company.”

Can the Radio Station Overcome Smothering Debt and Become
a Viable Business Again?

| May 2, 2013

Mike Kinosian, Managing Editor
RadioInfo and Talkers

LOS ANGELES — Chalk it up to misreading the economic tealeaves or perhaps to good old-fashioned avarice, but several radio groups have fallen victim to the, “(S)he who has the most toys, wins” hypothesis.

Debt #1Monopoly Board“Winners” managing to run the board in today’s all too real game of Radio Monopoly are rewarded by becoming further ensconced in deeper, darker, debt.

Administer sodium pentothal to a cross-section of radio managers and the overwhelming majority will vociferously state that, owing to its cookie-cutter nature and mounting pressure to deliver grossly unrealistic percentages to the bottom line, the business is no longer fun. Countless executives at high-billing, strong ratings performing outlets have been unduly placed in the gut-wrenching position of laying off personnel and making other vital cutbacks – forced to share the load of paying for what could be considered out-of-control acquisition sins at the corporate level.

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