Tag: "preferred shareholder suit"
Radio Coverage of Campaign 2012 Shifts to Charlotte. The Democratic National Convention gets underway in Charlotte, North Carolina today and runs through Thursday. Talk show hosts and news staffers from stations of all formats are ensconced in their radio row remote studios preparing to report to their markets over the next three days. The non-partisan Talk Radio News Service will operate a booth on radio row and more than 100 talk show hosts will broadcast from the city – either in the convention center itself or from “alternative” sites – as they work to bring the Democratic message to their listeners or attempt to counter the message of the Obama campaign. Salem Radio Network’s Bill Bennett – host of “Morning in America” – will broadcast from the city. Bennett is seen here (r) enjoying a pre-convention meal at a Charlotte eatery with “Morning in America” regular guest and Fox News Channel contributor Byron York (l). Joining them for the shot at center is former Tennessee Democratic congressman and MSNBC contributor Harold Ford, Jr. who stopped by to say “hello.” While eating there Bennett was surrounded by MSNBC’s Chris Matthews, Soledad O’Brien of CNN and former Iowa governor Tom Vilsack among other Democrats He tells TALKERS, “I enjoyed unnerving my Democratic friends.”
Jorge Sedano Joins WQAM as PD and PM Drive Host. The Miami Herald’s Barry Jackson reports that South Florida sports media personality Jorge Sedano is taking the program director role at Beasley Broadcasting’s sports talk WQAM that was left vacant when Lee Feldman exited for interests outside of the media field. Sedano, who left Lincoln Financial Media’s WAXY, Miami in April to pursue TV work, will also become the afternoon drive host while current PM drive guy Dan Sileo will move to the 11:00 am to 1:00 pm slot left vacant by Michael Irvin’s recent departure. South Florida media chatter indicates Sileo was originally being considered for the midday slot but was hired for PM drive when he became available after exiting WDAE, Tampa and Sid Rosenberg was suddenly let go from the PM drive slot. Sedano recently was hired to host the pre- and post-game shows for Miami Heat games on the Sun Sports telecasts. He also is a part-time sportscaster for WFOR-TV, Miami – CBS4. Sedano tells the Herald, “From a lifestyle perspective, this makes the most sense. When I left 790, I needed to harness my skills and work on the craft and it’s led me to this position on the TV side, so it obviously paid off. I felt if I wanted to get back in radio, and it was a perfect situation, I would get back. This is perfect situation. I can put my imprint on the radio station.”
A Huge Day for the Expansion of Sports Talk Radio. It has been 25 years since WFAN, New York signed on as the first all sports talk radio station – an experiment that was considered bold and certainly risky on the part of then-owner Jeff Smulyan’s Emmis Broadcasting. But it certainly did prove to be a risk worth taking as sports talk radio has gone on to be one of the hottest and dynamic genres of radio in the industry – second only to political news/talk in the spoken word realm. Today the sports juggernaut picks up even more steam with the launch of two more major networks joining the ranks of four other biggies in what is becoming a crowded super-competitive marketplace. NBC Sports Radio, in partnership with Dial Global, takes to the airwaves today and CBS Sports Radio is also going nationwide with the first phase of its rollout.
Greater Media’s WTKK, Boston Re-Images as “NewsTalk 96.9.” The FM talk outlet has re-branded itself as “NewsTalk 96.9” The station’s website is still 969bostontalks.com but the station seems to be promoting its news coverage more – with emphasis on the “24-hour news center.” There are no programming changes to the station and, as you can see in the image here, the station is promoting its coverage of all things election 2012.
Judge Denies Preliminary Injunction in Emmis Case; Shareholder Meeting Scheduled for Today. Emmis CEO Jeff Smulyan was pleased with Friday’s ruling in which U.S. District Court Judge Sarah Evans Barker denied the injunction request of five preferred shareholders who wanted to stop the company’s shareholder meeting today at which they will vote on a plan to take some of the rights away from preferred shareholders and not pay some $10 million in past-due dividends. Judge Barker ruled that the shareholders group “failed to meet any of the threshold requirements for injunctive relief.” She also noted that had she granted the injunction, “both Emmis’ stock price as well as its efforts to refinance before the November 2012 deadline could be seriously and adversely affected.” The minority shareholders group claims today’s vote is a “blatant attempt to grab wealth” from them but Emmis denies that and counters the move is designed to cut expenses and to improve the company’s fiscal health. Jeff Smulyan controls the common stock’s voting power and therefore today’s vote is expected to go his way. It should be noted that the judge’s decision last week does not stop the minority shareholder group from suing for damages after today’s vote takes place. The group has not indicated one way or the other if it intends to take such action.
WPRO, Providence Provides Live Political Debates. Cumulus Media’s WPRO & 99.7 FM in Providence hosts congressional debates this week. Today at 6:00 pm, Democrats Anthony Gemma and David Cicilline ( who’ll face off in the primary next week) will appear on the air. The debate will be moderated by WPRO news director Bill Haberman. Tomorrow at 6:00 pm, Republican candidates for Congress in the Second Congressional District — Michael Gardiner, Michael Riley, Don Robbio and Kara Russo will debate before moderator Bill Haberman and guest panelists Tara Granahan and Andrew Gobeil from the “WPRO Morning News.” The station is also making the debates available via video on WPRO.com with an accompanying, live Tweet Chat.
J.D. Hayworth Sits in on New KVI, Seattle in PM Drive. Talk show host and former Arizona U.S. Rep. J.D. Hayworth will warm the PM drive chair for Cumulus Media Networks talk host Mark Levin until he can become part of the Fisher Communications news/talk station’s newly revamped lineup on September 24. Hayworth, who hosted his own successful talk show on KFYI, Phoenix for years, will also sub as co-host on the morning drive show at Cumulus’ KSFO, San Francisco this week – Wednesday through Friday as well as next Monday.
Radio Pro Jay Andrews Returns to Alma Mater to Manage Student Station and Host AM Drive Show. North Georgia media pro, former station owner and radio personality Jay Andrews is doing his first morning drive program on Brenau University’s WBCX, Gainesville, Georgia today as he returns to the college to do the radio show and manage the student radio station. Andrews tells AccessNorthGa.com, “The choice to go back to 89.1 WBCX was an easy one. Brenau University is my alma mater, and having the opportunity to manage this remarkable student station, return to the air, and most importantly help students learn the radio, TV and internet media businesses is quite an honor.” During his career, Andrews has worked as a radio personality on numerous North Georgia stations. He owned WDGR, Dahlonega, Georgia, and he managed Jacobs Media Corporation’s WDUN, WMJE and WGGA in Gainesville. On the new morning show Andrews says, “It’s a whole different animal from a format and production standpoint. Since it is technically a morning show it will move faster. We will also attempt to open the format up to more listeners by taking phone calls, interviewing Brenau newsmakers, and also become more involved in the community. We will work toward having regular contributors covering news, and current and historical events. As always we will try do this with style, great hit music, and humor.”
“Poorman” Finds On-Air Home at Small California Station. Jim Trenton, the original “Poorman” of California radio and creator of the mega-successful syndicated program “Loveline” will turn 60 next year. The fame he enjoyed while co-hosting the show has become a distant memory. The successful radio and TV series is primarily (and rightfully) associated with Dr. Drew Pinsky. Trenton’s stardom quickly faded after he was fired from “Loveline” for encouraging thousands of listeners to join him for a midnight surprise birthday party on the front lawn of a co-worker…and listeners showed up, by the thousands…but that was almost 20 years ago. The Poorman continues to feel bitter about losing the show he feels he created. Since then, he has either been fired or stormed away from a dozen stations. His career has never recovered. Ah, but now his career has been given a spark of new hope. Courageous station owner Fred Lundgren, CEO and president of news/talker KCAA, San Bernadino/Riverside, California has taken a chance and hired Trenton to host a daily one-hour show at 12:00 noon on the “station that leaves no listener behind.” Read Lundgren’s humorous account of why he put one of radio’s notorious bad boys back on the air and how it’s going by clicking here.
WABB-AM, Mobile Sold by Dittman Broadcasting to Omni Broadcasting. Fort Walton Beach, Florida-based Omni Broadcasting filed on Friday (8/31) with the FCC to transfer the license of news/talk outlet WABB (1480 AM), Mobile for a reported purchase price of $106,000. Omni also closed the same day to purchase time for the Ticket Sports Network until the close of the sale. Earlier this year the companion WABB-FM (97.6) was sold to the Educational Media Foundation for $3.1 million, which in turn sold the assets of that station to Cumulus Media in return for WRQQ-FM, Belle Meade, Tennessee and WDLT-FM, Chickasaw, Alabama, giving Cumulus upgraded coverage of the Mobile market with the 97.6 FM signal.
TAB President and Radio Advocate Ann Arnold Dies. The widely popular Ann Arnold, longtime president of the Texas Association of Broadcasters, died Saturday (9/1) at her office at the age of 67 after battling leukemia for many years. Arnold headed the organization since 1987. She had been a strong defender of Texas’ open government laws and during her tenure doubled the membership of the TAB. “Ann Arnold was an extraordinary and inspiring woman,” says TAB chairman Mary Mike Hatcher of Bryan Broadcasting. “She was fearless in her advocacy for local radio and television broadcasters, for the public’s right to know how elected officials run our government, and in her long fight with cancer.” TAB VP Oscar Rodriguez adds, “Ann was passionate about Texas and optimistic about the future. She cherished the opportunity to help local broadcasters strengthen their communities and had yet to find the challenge that would daunt her.” (Photo: Mike Wenglar)
Presidential Campaign/Democratic National Convention, Isaac Aftermath, Rising Gas Prices and Iran-Israel Tensions Among Top News/Talk Stories Yesterday (9/3). The presidential campaign and the approaching Democratic National Convention; the aftermath of Tropical Storm Isaac; the rising price at the pump for gasoline; and Iran’s threats to strike American bases if Israel takes military action against it were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.