Tag: "Q2"
Thursday, August 3, 2017
Saga Communications Reports Q2 Financials; Net Revenue Down 1.9%. That figure is based on revenue of $30.3 million for the second quarter of 2017 compared to the same period in 2016. For the six months ended on June 30, Saga Communications reports net revenue of $56.4 million – a decrease of 3.3% compared to the first six months of 2016. Saga recently signed off on its intent to sell its television stations in Joplin, Missouri and Victoria, Texas to Morgan Murphy Media for approximately $66.6 million and is acquiring eight radio stations in the Charleston and Hilton Head, South Carolina markets from Apex Media for $23 million. The television stations are reported as discontinued operations and are not included in the above figures. As for net income, Saga is reporting a figure of $4.5 million, down 5.9% from $4.8 million in Q2 of 2016.
E.W. Scripps Radio Division Revenue Down 5.6%. Television is the majority of E.W. Scripps business, with radio and digital taking a back seat. For the company as a whole, revenue was $232 million – up 2% from that same period a year ago. Breaking the company down into segments, radio revenue was $17.2 million, down 5.6% from $18.2 million in the second quarter of 2016. The company says segment profit in the radio division was $2.9 million in the second quarter, down from $3.9 million a year ago. Looking at the digital segment for a moment, while revenue was up 27.2% to $19.3 million during the second quarter, expenses were up to $23.5 million for a segment loss of $4.2 million – down a bit from the loss of $4.7 million in Q2 of 2016. Scripps reports that it is expecting third quarter radio revenue to be down in the mid-single digits.
ESPN Promotes Marcia Keegan to VP, National Radio Programming and Production. This is a promotion from her previous title as vice president, production. ESPN says that in this new role, Marcia Keegan will oversee all talk programming content on the ESPN Radio national network, including such shows as “Golic and Wingo,” “The Dan Le Batard Show with Stugotz,” “The Ryen Russillo Show,” “The Right Time with Bomani Jones,” and “Jalen & Jacoby.” She will continue to be responsible for ESPN’s packaged show productions – the unit that handles approximately 1,000 hours of programming produced by outside vendors. ESPN SVP Traug Keller comments, “I’m so happy to welcome Marcia to the ESPN Audio team. Her new perspective, strategic thinking and creativity strengthen an already formidable ESPN Audio talk programming lineup.”
TALKERS News Notes. Radio pro Smitty O’Loughlin is retiring from the radio biz after a 36-year career. O’Loughlin has been serving as the market manager for Community Broadcasters’ Elmira, New York station group for the past four years. He says, “It is bittersweet as I turn the page to a new chapter in my life. Broadcasting is and will always be part of my life regardless of what retirement brings. I cherish the moments and memories with so many professionals, helping so many people throughout the years, and the personal fulfillment with all the community outreach.” O’Loughlin began his career in the Fort Smith, Arkansas market in 1981…..There’s a change in the on-air team for Tennessee Titans football broadcasts this season as former Titans tight end Frank Wycheck is taking the season off and is being replaced by former NFL coach Dave McGinnis as color analyst. Wycheck continues his role on “The Wake-Up Zone” heard on Cumulus Media’s Titans flagship WGFX, Nashville “104.5 The Zone.” The team released the following statement, “After multiple discussions with Frank, it was agreed that he will take this season off from the radio broadcasts and return next season. With the season quickly approaching, we have reached an agreement with Dave McGinnis to fill-in for Frank this season. Coach Mac has a deep knowledge and passion for the game, along with eight years as a coach with the Titans. He is very excited about taking on this role and we think he will fill in admirably.” Wycheck has been vocal about how concussions from his playing days have affected his health and its believed that this move is designed to, at least temporarily, lighten his workload.
Russian Sanctions/U.S.-Russia Relations, Fate of ObamaCare, North Korea Nuclear Threats, Iran-Nukes Deal, Arizona Senator Jeff Flake’s Book, West Wing Power Struggle, Trump Immigration Plan, Affirmative Action College Admissions, Dow Hits 22k, MLB Action and NFL Training Camps Among Top News/Talk Stories Yesterday (8/2). President Donald Trump sign’s Russian sanctions bill and the tense relations between the U.S. and Russia; the GOP’s continuing efforts to build consensus for repealing the Affordable Care Act and replacing it; North Korea’s nuclear threats and U.S. diplomatic/military options; both sides in the Iran nuclear deal accuse the other of violating the pact; Arizona Senator Jeff Flake’s new book, A Principled Conservative, rankles fellow Republicans for its anti-Trump content; chatter about the ongoing West Wing power struggle and whether adviser Stephen K. Bannon will be next to exit; the Trump Administration’s plan to curtail immigration numbers; concerns by minority advocates the DOJ will investigate race-based admission policies at U.S. colleges; the Dow closes at a record 22,000-plus for the first time; Major League Baseball action; and news from the NFL’s training camps were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
TALKERS 2017 Convention Videos Completely Posted Today (8/3) with the Presentation of the “College Broadcaster of the Year Award” to WRHU, Hofstra University student manager Maria Santana by Doug Stephan (with introduction by Newsmax TV host/executive producer Bill Tucker). The entire agenda of the recent Talkers 2017: A New Era national talk media convention has been video recorded and its sessions have been posted to Talkers.com. They include:
– The “Welcoming Remarks” by WMAL, Washington, DC afternoon drive host Larry O’ Connor (including an introduction by TalkersRadio GM David Bernstein).
– The special presentation “You HAVE Options” by consultant Holland Cooke (including an introduction by Yappy Days author Bernadette Duncan).
– The “Fireside Chat” between TALKERS publisher Michael Harrison and Premiere Networks/Fox News Channel host Sean Hannity (with introduction by Westwood One host Jim Bohannon).
– The “Fireside Chat” between TALKERS managing editor Mike Kinosian and WFAN, New York sports talk show host Mike Francesa (with introduction by Sabo Media CEO Walter Sabo).
– The special presentation “The Trump Effect: Latest Research of Interest to News/Talk Radio” by Salem Radio Network SVP Phil Boyce (with introduction by Pioneer Valley Radio GM/host Brad Shepard).
– The special presentation “Podcasting and Local Radio” by PodcastOne excutive chairman Norm Pattiz (with introduction by Hubbard Radio SVP/programming Greg Strassell).
– The first, second and third in a series of three consecutive “one-on-one” sessions discussing the topic “Maximizing Talk Radio’s Multi-Platform Potential for Reach and Revenue” featuring conversations between WABC, New York, PD Craig Schwalb and KGO, San Francisco host Ethan Bearman, Bold Gold Media Group president/CEO Vince Benedetto and DGital Media managing partner Ron Hartenbaum, and nationally syndicated host Dr. Asa Andrew and TalkersRadio GM David Bernstein. All three sessions are facilitated by Sirius/XM Satellite Radio host Karen Hunter.
– A “one-on-one” dialogue titled “Radio That Makes a Difference” featuring the SiriusXM Satellite Radio husband/wife team of host Joe Madison and executive producer Sharon Madison (introduced by Sirius/XM Satellite Radio VP/GM talk programming Dave Gorab).
– A “Fireside Chat” featuring former CBS Radio president/CEO and Broadcasters Foundation of America chairman Dan Mason being interviewed by WPGG, Atlantic City morning host Harry Hurley (with introduction by BOB-FM, London morning host Graham Mack).
– A “Fireside Chat” featuring Emmis Communications CEO/chairman Jeff Smulyan being interviewed by TALKERS VP/executive editor Kevin Casey (with an introduction by Bentley University professor/TALKERS legal editor Steve Weisman).
– The series of four “one-on-one” dialogues titled “The Challenges of Doing Talk Radio in 2017.” They feature a conversation between WYD Media syndicated host Thom Hartmann and Cumulus Media corporate PD/WMAL, Washington PD Bill Hess(introduced by Moceri Media president Greg Moceri), a conversation between morning co-host of WAQY-FM (Rock102), Springfield, MA Mike “Bax” Baxendale and morning host of WOLB, Baltimore Larry Young, and a conversation between Cumulus Media EVP programming and content Mike McVay and Premiere Networks president Julie Talbott (facilitated by ABC News Radio VP/GM Steve Jones).
– The series of four “one-on-one” dialogues collectively titled, “Where Does Talk Media Go From Here?” featuring a conversation between WRHU, Hofstra University OM John T. Mullen and WRFH, Hillsdale College GM Scot Bertram; a conversation between The New Normal CEO/founder/host Tom Leykis and syndicated host Michael Berry; a conversation between The Weiss AgencyEVP Heather Cohen and Fox News Radio/Fox News Channel host Brian Kilmeade; and a conversation between WPHT, Philadelphia host Dom Giordano and GCN syndicated host Dr. Daliah Wachs (facilitated by WOR, New York APD Scott Lakefield). At the conclusion, Dr. Wachs is presented the TALKERS “Humanitarian of the Year” award by Michael Harrison.
– Three memorial tributes by Westwood One host Jim Bohannon dedicated to major talk show personalities and longtimeTALKERS Convention participants who passed away this past year: Tom Marr, Dr. Joy Browne and Alan Colmes. (Introduction by Stephan Multimedia CEO/host, Doug Stephan.)
– Presentation of the 2017 “Woman of the Year” award to Cumulus Media president/CEO Mary Berner by TALKERS publisher Michael Harrison.
– Special luncheon greeting by Salem Radio Network syndicated host Joe Walsh (with introduction by SRN VP Phil Boyce).
– TODAY (8/3) completes the agenda with the posting of the presentation of the 2017 “College Broadcaster of the Year” award to WRHU, Hofstra University student manager Maria Santana by Doug Stephan (with introduction by Newsmax TV host/executive producer Bill Tucker).
Every session will remain online for the rest of the year. The Talkers 2017: A New Era video page is sponsored by Backbone Networks, Broadcasters General Store and Comrex Corp. To view the video page of Talkers 2017: A New Era, please click here.
Music Radio News and Career Moves. There’s a plum gig open in Milwaukee as Entercom hot AC WMYX “99.1 The Mix” is seeking an air personality for its “Morning Mix” AM drive show alongside market pro Elizabeth Kay. Interested radio pros should apply via Entercom’s website here…..On-air and programming pro Johnny Maze exits Adams Radio Group’s rock WZBH, Salisbury/Ocean City “93.5 The Beach” and sister classic rocker WGBG “BIG 98.5.” Maze, who was the afternoon drive personality at WZBH, also served as program director for both stations. He says in a Facebook post, “I am ‘officially’ ON THE BEACH! As of today, I am no longer with ‘93.5 The Beach’ in Salisbury/Ocean City. I had a good time, accomplished some great things and I made some awesome friends. Looking forward to finding my next opportunity and challenge.”…..The “Dudley & Bob with Matt” show – heard in mornings on Emmis classic rock KLBJ-FM, Austin is celebrating 25 years on the air at a special show on August 12 at Austin’s Paramount Theatre. The program will honor show founders Dale Dudley and Bob Fonseca. The event will feature a dedication from Austin’s mayor as well as performances by comedians and local music acts. The show was nominated for a Marconi Award in 2007 for Medium Market Personality of the Year. They were inducted in to the Texas Radio Hall of Fame in 2009…..Superadio promotes two to new positions. Rich O’Brien rises to the newly created position of EVP of programming and affiliate relations and Eric Faison is elevated to SVP of programming and affiliate relations. Superadio COO Jack Bryant states, “Both Rich and Eric are seasoned veterans of the industry and both epitomize the high standards for which the company is known. All programming, talent, and affiliate matters are in the best of hands with the team of Rich and Eric.”
Ice Cream for a Good Cause. Pictured here in the WPLJ, New York studios are (from l-r): Jason Street from Applegate Farm, WPLJ morning co-host Jayde Donovan, Melinda Street from Applegate Farm, and Philip Salerno from Children’s Specialized Hospital. They are holding the two winning ice cream flavors – Sea Salt Caramel Chocolate Chunk and S’mores Fluff-A-Nutter – that WPLJ jocks and listeners created to be featured at Applegate Farm in Montclair, New Jersey through October. Ninety-five cents from every cone sold will be donated to Children’s Specialized Hospital.
Thursday, July 27, 2017
Vince Coglianese Joins Mary Walter for WMAL’s ‘Mornings on the Mall.’ The Daily Caller editorial director Vince Coglianese is named the new morning drive co-host at Cumulus Media’s Washington, DC news/talk outlet WMAL-AM/FM. The station says Coglianese will join current morning personality Mary Walter on the “Mornings On The Mall” program from 5:00 am to 9:00 am. He’s the former editor-in-chief of The Daily Caller and regularly appears on the FOX News Channel, CNN, MSNBC, the FOX Business Network, and CNBC. Prior to
joining The Daily Caller, Coglianese served as web editor for Carolina Coast OnLine, and hosted a talk show on WTKF/WJNC, Morehead City, North Carolina. WMAL program director and Cumulus Media VP of News/Talk Bill Hess states, “Vince is the perfect WMAL personality – knowledgeable, plugged-in, entertaining, and a strong storyteller. He and Mary had immediate chemistry and we’re excited to bring this fresh new sound to mornings on 105.9 FM and AM630 WMAL.” Coglianese fills the slot left vacant when Brian Wilson departed the station.
iHeartMedia Launches Denver Broncos Station ‘Orange and Blue Radio.’ Sports talker KDSP, Denver is tweaked by owner iHeartMedia and will now be a station dedicated to all things Denver Broncos. KDSP takes on the brand “Orange & Blue 760.” iHeartMedia says the station “will broadcast Broncos sports talk with Tyler Polumbus, Steve Atwater, Dave Logan, Andrew Mason and more throughout the day. Listeners can tune in 24/7 to hear breaking team news reports, live coverage of all Broncos’ news conferences as well as exclusive Broncos content just for ‘Orange & Blue’ radio listeners.” This is being reported by numerous Denver news outlets as a “50/50 relationship” between the NFL club and the station, although whether that refers literally to sharing revenue or, less literally, about working together to create content – or some mix thereof – is not clear. Denver Broncos chief commercial operator Mac Freeman adds, “Our longstanding partnership with iHeartMedia Denver continues to evolve and we are committed to finding new ways to engage Broncos fans across the fast-changing media landscape. ‘Orange and Blue Radio’ will allow us to bring Broncos fans more content, more often, in more places.”
Nielsen’s Q2 Net Revenue Up 3%. Ratings and research giant – and parent of radio ratings subsidiary Nielsen Audio – Nielsen Holdings plc announces financial figures for the second quarter of 2017. Revenue was $1,644 million in Q2, up 3.0% (or 4.1% on a constant currency basis) compared to the second quarter of 2016. Nielsen CEO Mitch Barns comments, “Our revenue in the quarter reflects solid growth in Watch, robust growth in Buy emerging markets and the contribution from our recent acquisition of Gracenote. This was partially offset by continued softness in our U.S. Buy business which reflects the challenging operating environment for our large, fast moving consumer goods clients. Our rigorous cost and commercial discipline in the quarter enabled us to deliver margin expansion, while also investing in our key growth initiatives.”
WEEI’s Minihane Takes ‘Personal Time’ After Criticizing Red Sox Ownership. Coincidence or not? That’s the question the Boston Herald’s Jessica Heslam is asking after WEEI, Boston morning personality Kirk Minihane disappeared from the morning show the day after lashing out at Boston Red Sox ownership. What set Minihane off was a statement the organization made in response to a piece by Britni De La Cretaz published at DigBoston.com that examines the history of the MLB club’s racist past and suggests that racism is still alive and well in “Red Sox Nation,” including at the team’s longtime radio partner, WEEI. Part of the Red Sox’s statement included the following: “None
of the opinions or sentiments expressed on WEEI or any of the 57 radio affiliates throughout New England are those of the Boston Red Sox. We understand the frustration of those who feel the opinions expressed are offensive and out of line. At times, we feel the same way.” Minihane responded saying, in part, “There is an institutional arrogance from the Red Sox. It starts at the top and it bleeds all the way down to the bottom. All we did was say we don’t believe that Red Sox fans are inherently racist. The Red Sox disagree. Red Sox fans, your organization thinks you’re racist or, by and large, think many of you are racist. The Red Sox are pandering and it starts with John Henry, with Linda Pizzuti, who’s another panderer, goes to Tom Werner and goes all the way down, slides all the way down, takes a stop at John Farrell.” The station told Heslam that Minihane is not suspended, just “taking personal time this week.” Read Heslam’s story here.
Charlie Pallilo Returns to Houston Airwaves. The Houston Chronicle reports that Houston sports talk radio personality Charlie Pallilo will be back on the radio on August 21 on Gow Media’s KGOW, hosting the 11:00 am to 1:00 pm show. Pallilo was most recently with iHeartMedia on KBME “Sports Talk 790” but was let go last October to make room in afternoons for Josh Innes (currently hosting the morning drive show on KBME). The Chronicle reports that Pallilo will also make appearances on Gow’s sister station KFNC-FM and contribute to Gow Media’s CultureMap and SportsMap websites. Gow Media’s David Gow is quoted saying, “I’ve been trying to hire Charlie for years, but he wasn’t available until his departure from 790. We’ve been looking for the right fit and spot in our lineup for him. We think he is one of the top sports talk hosts in the city. He is really thoughtful and insightful and has a great rapport with his listeners. His analysis and his ability to talk about the details of sports and why things are taking place is unparalleled, and I know people will enjoy listening to him on our airwaves.”
TALKERS News Notes. The start date for Nashville sports talk host George Plaster’s return to the market’s airwaves is this Sunday (7/30) on Grand Ole Opry-owned country WSM-AM. The 5:00 pm to 8:00 pm “Sports Night” program will be Plaster’s return to the radio after exiting crosstown WPNT “102.5 The Game” to become the athletic director at Belmont University, a position he continues to hold. WSM-AM program director Jonathan Shaffer will serve as co-host for the
show…..CBS RADIO announces that Chris Wittyngham is the new co-host for the Miami Dolphins pre-game show on WQAM “Sportsradio 560” alongside former Dolphins linebacker Channing Crowder. Wittyngham currently works for CBSSports.com as a digital channels host. He also works for BeIN Sports Television Network as a soccer play-by-play announcer. WQAM program director Ryan Maguire comments, “Chris has already established himself locally as a talented, versatile sports media professional. We’re thrilled that he’s agreed to work with us more extensively during the football season.”
GOP Health Care Strategy, U.S. Military Transgender Ban, Foxconn Announces U.S. Plant, Scaramucci Threatens Leakers, Trump-Russia Investigation, North Korea Nukes Program, Sessions Status, Western Male Sperm Counts Down, Ohio Fair Ride Fatality, and MLB Action Among Top News/Talk Stories Yesterday (7/26). The Republicans’ attempts to repeal the Affordable Care Act and replace it with a GOP-crafted plan; President Trump issues ban on transgender soldiers in the U.S. military; Taiwan-based Foxconn announces plans for Wisconsin factory and 3,000 initial jobs; new White House communications director Anthony Scaramucci’s threat to punish White House leakers; the investigation into connections between Trump campaign operatives and Russian agents; North Korea’s ICBM program and its threats against the U.S.; President Trump’s criticism of Attorney General Jeff Sessions; a new report indicating sperm counts are down among Western males; a fatality and severe injuries from an amusement park ride at the Ohio State Fair; and Major League Baseball action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
TALKERS 2017 Convention Videos Continue Posting Today (7/27) with Memorial Tribute To Tom Marr by Jim Bohannon. The entire agenda of the recent Talkers 2017: A New Era national talk media convention has been video recorded and its sessions are being posted to Talkers.com – one event per day. Already posted are:
– The “Welcoming Remarks” by WMAL, Washington, DC afternoon drive host Larry O’ Connor (including an introduction by TalkersRadio GM David Bernstein).
– The special presentation “You HAVE Options” by consultant Holland Cooke (including an introduction by Yappy Days author Bernadette Duncan).
– The “Fireside Chat” between TALKERS publisher Michael Harrison and Premiere Networks/Fox News Channel host Sean Hannity (with introduction by Westwood One host Jim Bohannon).
– The “Fireside Chat” between TALKERS managing editor Mike Kinosian and WFAN, New York sports talk show host Mike Francesa (with introduction by Sabo Media CEO Walter Sabo).
– The special presentation “The Trump Effect: Latest Research of Interest to News/Talk Radio” by Salem Radio Network SVP Phil Boyce (with introduction by Pioneer Valley Radio GM/host Brad Shepard).
– The special presentation “Podcasting and Local Radio” by PodcastOne excutive chairman Norm Pattiz (with introduction by Hubbard Radio SVP/programming Greg Strassell).
– The first, second and third in a series of three consecutive “one-on-one” sessions discussing the topic “Maximizing Talk Radio’s Multi-Platform Potential for Reach and Revenue” featuring conversations between WABC, New York, PD Craig Schwalb and KGO, San Francisco host Ethan Bearman, Bold Gold Media Group president/CEO Vince Benedetto and DGital Media managing partner Ron Hartenbaum, and nationally syndicated host Dr. Asa Andrew and TalkersRadio GM David Bernstein. All three sessions are facilitated by Sirius/XM Satellite Radio host Karen Hunter.
– A “one-on-one” dialogue titled “Radio That Makes a Difference” featuring the SiriusXM Satellite Radio husband/wife team of host Joe Madison and executive producer Sharon Madison (introduced by Sirius/XM Satellite Radio VP/GM talk programming Dave Gorab).
– A “Fireside Chat” featuring former CBS Radio president/CEO and Broadcasters Foundation of America chairman Dan Mason being interviewed by WPGG, Atlantic City morning host Harry Hurley (with introduction by BOB-FM, London morning host Graham Mack).
– A “Fireside Chat” featuring Emmis Communications CEO/chairman Jeff Smulyan being interviewed by TALKERS VP/executive editor Kevin Casey (with an introduction by Bentley University professor/TALKERS legal editor Steve Weisman).
– The series of four “one-on-one” dialogues titled “The Challenges of Doing Talk Radio in 2017.” They feature a conversation between WYD Media syndicated host Thom Hartmann and Cumulus Media corporate PD/WMAL, Washington PD Bill Hess(introduced by Moceri Media president Greg Moceri), a conversation between morning co-host of WAQY-FM (Rock102), Springfield, MA Mike “Bax” Baxendale and morning host of WOLB, Baltimore Larry Young, and a conversation between Cumulus Media EVP programming and content Mike McVay and Premiere Networks president Julie Talbott (facilitated by ABC News Radio VP/GM Steve Jones).
– The series of four “one-on-one” dialogues collectively titled, “Where Does Talk Media Go From Here?” featuring a conversation between WRHU, Hofstra University OM John T. Mullen and WRFH, Hillsdale College GM Scot Bertram; a conversation between The New Normal CEO/founder/host Tom Leykis and syndicated host Michael Berry; a conversation between The Weiss AgencyEVP Heather Cohen and Fox News Radio/Fox News Channel host Brian Kilmeade; and a conversation between WPHT, Philadelphia host Dom Giordano and GCN syndicated host Dr. Daliah Wachs (facilitated by WOR, New York APD Scott Lakefield). At the conclusion, Dr. Wachs is presented the TALKERS “Humanitarian of the Year” award by Michael Harrison.
– TODAY (7/27) we posted the first of a series of three memorial tributes by Westwood One host Jim Bohannon dedicated to major talk show personalities and longtime TALKERS Convention participants who passed away this past year: Tom Marr, Dr. Joy Browne and Alan Colmes. Today’s posted tribute is for Tom Marr. (Introduction by Stephan Multimedia CEO/host, Doug Stephan.)
Within the following days and weeks, every session will be posted and will remain on Talkers.com for the rest of the year. The Talkers 2017: A New Era video page is sponsored by Backbone Networks, Broadcasters General Store and Comrex Corp. To view the video page of Talkers 2017: A New Era, please click here.
Music Radio News and Career Moves. In Los Angeles, CBS RADIO makes Chris Ebbott program director of CHR KAMP “97.1 AMP” in addition to his current PD role at classic hits KRTH “K-EARTH 101.1.” CBS says this move allows cluster SVP of programming Kevin Weatherly to hand off the KAMP programming duties to Ebbott and “focus more broadly on the strategic direction and approach of the market’s five music formats. CBS also operates KTWV “94.7 The Wave,” KROQ, and KCBS-FM “93.1 JACK FM.” Weatherly will continue to serve as program
director of KROQ and KCBS-FM…..A piece published in the Providence Journal gives a status report on the sale of alternative WBRU, Providence. The station is a commercial alt rocker owned by the non-profit Brown Broadcasting Services – linked to Brown University. The student-staffed station was put up for sale by the board of directors who cited the challenges of operating a radio station in the current media climate as the impetus to sell. The ProJo piece quotes a board spokesman saying the broker handling the sale is in active negotiations with a potential buyer but that no names are being released at this point…..Jacobs Media brings Chris Firmage aboard as an associate consultant. Jacobs says Firmage joins the company after “a long and successful run at KFMA in Tucson.” Jacobs Media president Fred Jacobs comments, “We continue to invest in new ideas and approaches for our clients. Chris brings us a solid history of success. He’s knowledgeable in many areas and I expect that he will have a positive impact for all our clients.”
Thursday, August 4, 2016
iHeartMedia Second Quarter Net Revenue Rises 1.2%. That figure is based on net revenue of $1.6 billion during Q2 of 2016, compared to the same period in 2015 and that is for the whole company. Separating the radio and digital business from the outdoor segment, iHeartMedia reports an increase of 3.2% in net revenue due in large part to live events, the traffic and weather services, broadcast and digital advertising, as well as the Premiere Networks syndication segment, especially news/talk.
Townsquare Media Reports Q2 Financials; Radio Segment Up 3.5%. The company reports on its two business segments – Local Marketing Solutions, which includes radio plus its digital products, and Entertainment, which provides live events and music and lifestyle content. During Q2, Local Marketing Solutions pro forma net revenue increased $2.9 million, or 3.5%, to $86.7 million (including political). For the first half of 2016, Local Marketing Solutions net revenue increased $8.8 million, or 5.8%, to $161.9 million (including political). Townsquare Media chairman and
CEO Steven Price says, “We are pleased to report solid results for the first half of 2016, with pro forma net revenue and Adjusted EBITDA increasing approximately 4% over the prior year, with strength in our Local Marketing Solutions segment. In the second quarter, we delivered net revenue growth of 16.7% over the prior year. On a pro forma basis, net revenue increased 2.1%, which was in line with our expectations, and Adjusted EBITDA increased 4.1%, which exceeded our guidance. In addition, we were able to strengthen our balance sheet through the repurchase of $17 million of Unsecured Senior Notes.”
Saga Communications Reports Net Revenue Up 6.1%. That figure – comparing Q2 of 2016 with the same period a year ago – is based on net revenue of $36.4 million for the whole company. The Saga Communications radio division’s net revenue mirrors that at +6.1% on net revenue of $30.8 million. However, on a pro forma basis, the radio net revenue dipped 1.7%. Saga notes that free cash flow increased 15.6% to $6.5 million. Operating Income increased 12.6% to $8.4 million. Station operating expense increased 4.6% to $25.4 million (station operating expense includes depreciation and amortization attributable to the stations). Same Station net revenue increased 0.8% to $34.2 million and same station operating expense was flat at $24.0 million. Net income for the period was $4.8 million ($0.82 per fully diluted share compared to $0.77 for the same period last year).
Radio One Delivers Positive Second Quarter; Net Revenue Up 2.4%, But Radio Flat. That 2.4% is for the company as a whole, for which net revenue was approximately $122.7 million compared to the same period in 2015. Station operating income was approximately $48.9 million, an increase of 5.5%. Radio One breaks its net revenue report into six categories: Radio Advertising, Political Advertising, Digital Advertising, Cable Television Advertising, Cable Television Affiliate Fees, and Event Revenues & Other. The company says, “Net revenues from our radio broadcasting segment decreased 0.2% for the quarter ended June 30, 2016, versus the same period in 2015. We experienced net revenue growth in eight of our radio markets (most significantly in Washington D.C., Charlotte and Cleveland); however, this growth was offset by declines in other markets (with Columbus, Philadelphia, Houston and Detroit experiencing the most significant declines). Reach Media’s net revenues increased 2.8% in the second quarter of 2016, compared to the same period in 2015.”
Nashville Sports Personality George Plaster Exits ‘102.5 The Game’ for University Gig. After a Nashville sports media career that’s spanned 30-plus years, WPRT “102.5 The Game” afternoon drive sports talk radio host George Plaster is leaving the station to take the position of associate athletics director for marketing at Nashville’s Belmont University. The Tennessean reports that Plaster’s friend Scott Corley, athletics director at the school, approached him about the position and Plaster was intrigued with the notion. Over time he became very interested and told the paper, “It’s probably the one scenario that I would’ve considered leaving radio.” Plaster joined Bud Walters’-owned WPRT in 2011 after exiting Cumulus Media’s crosstown WGFX “104.5 The Zone.”
Nielsen Audio Releases Third Round of July 2016 PPM Data. The third of four rounds of July 2016 PPM ratings data from Nielsen Audio has been released for 12 markets including: Portland, Charlotte, Pittsburgh, Sacramento, San Antonio, Cincinnati, Cleveland, Salt Lake City, Las Vegas, Kansas City, Orlando, and Columbus. The June 2016 survey period covered June 16 through July 13. You can find the complete 6+ ratings numbers from subscribing stations here. Additionally, TALKERS/RadioInfo managing editor Mike Kinosian provides his “Twelve Takeaways” from this group on the main page of our sister publication here
JVC Drops Classic Hits Simulcast in Gainesville; Launches News/Talk Format on WYGC. The classic hits will be heard on JVC Media’s WXJZ, Gainesville “WOW 100.9” and WYGC, licensed to High Springs (northeast of Gainesville) flips to news/talk as “104.9 The Talk of Gainesville.” The company says the station will air from its “downtown Gainesville studios with non-stop local news, weather, and traffic in addition to the legendary ‘Imus in the Morning’ and FOX News’ Brian Kilmeade.” WYGC program director and JVC Media VP Matthew Goldapper says, “‘104.9 The Talk of Gainesville’ will be locally programmed to allow our community to discuss issues important to Gainesville residents.”
The Presidential Race, US Cash Payment to Iran, Deadly London Knife Attacks, Wikileaks-Benghazi Emails, Black Lives Matter Movement, Rio Olympics Troubles, and MLB Action Among Top News/Talk Stories Yesterday (8/3). The activities of presidential candidates Hillary Clinton and Donald Trump; the controversy over the US’ payment of $400 million to Iran the day Americans were released from Iran; the deadly knife attack in London that left several wounded and one woman dead; the claim by Wikileaks’ Julian Assange that emails indicate the U.S. was arming jihadists in Syria via Benghazi; the Black Lives Matter movement; the problems facing Rio De Janeiro as it prepares for the Olympic opening ceremony; and Major League Baseball action were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Tom Arnold’s ‘100% Honest. Pretty Much’ Launches from PodcastOne. Hollywood’s Tom Arnold is joining the PodcastOne platform with his new podcast, “Tom Arnold. 100% Honest. Pretty Much.” PodcastOne says the show will cover everything from his career, to life as a husband and father of two, followed by an interview each episode, “as some of the funniest people around bring laughter and something extremely embarrassing about themselves to reveal to the audience.” PodcastOne founder and executive chairman Norm Pattiz says, “Tom has shared his humor and entertainment with the world for decades, and it’s great to now bring him to the podcast world. It’s the perfect platform to let loose, hang out and have a great time – with all his fans.”
Radio One and Edison Research to Release Race Relations Study Results. Urban media company Radio One says it engaged Edison Research to conduct the study into the “true state of race relations in this country.” The results will be revealed on Friday (8/4 at 11:00 am ET via conference call) and Radio One teases that a key finding is “Black and White Americans are more closely aligned than previously thought on improving race relations in the country and share broad agreement on practical solutions.” Radio One commissioned the study “on the heels of outrage, protests and emotional responses after the shooting of two black men by police officers in Louisiana and Minnesota and the subsequent shooting of five police officers in Dallas (study fielded prior to Baton Rouge police shooting).
Odds & Sods. This report in from the Los Angeles base of The New Normal, home of Tom Leykis’ digitally distributed program: the special wine made just for Leykis and his fans is almost gone. Leykis tells TALKERS magazine that they surpassed 1,000 bottles sold of the 2014 Pedal to the Metal Santa Ynez Valley Syrah. Sales will end August 31 and they will likely have sold all 120 cases by that date. Leykis has another money-making event on the horizon. The show has rented the biggest suite at Dodger Stadium – holds 70 – for an upcoming game and has sold it out. Tickets range in price from $299 – $349. The show grossed $21,000…..DirecTV’s Rich Eisen will report from Canton, Ohio during this week’s Pro Football Hall of Fame festivities. He’ll broadcast live today and tomorrow with guests including: Brett Favre, Kevin Greene, Orlando Pace, Eddie DeBartolo, and Tony Dungy.