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Tuesday, May 18, 2021

| May 18, 2021

Cumulus Media’s WMAL-FM, Washington Names Larry O’Connor Morning Drive Host: Vince Coglianese Moves to PM Drive. Washington, DC news/talk WMAL-FM is revamping its lineup in the wake of the departure of morning drive personality Mary Walter and the February death of Rush Limbaugh. Effective Monday (5/24), WMAL-FM personality Larry O’Connor moves from afternoons to mornings to host the new “O’Connor & Company” program. Current morning drive host Vince Coglianese will move to afternoon drive and, as previously announced, Westwood One syndicated talk host Dan Bongino assumes the 12:00 noon to 3:00 pm daypart. Cumulus Media VP of news/talk and WMAL program director Bill Hess says, “Having Larry and Vince in these new roles, along with the launch of ‘The Dan Bongino Show’ and the continued strength of Chris Plante, sets WMAL up perfectly for the next stage in the station’s success.” O’Connor comments, “I’m thrilled to return to mornings on WMAL in Washington, where my career began nine years ago. Four years after creating the first live and local afternoon drive program on the station since 2001, it truly feels like coming home and I can’t wait to be a part of the morning commute for families across the Mid-Atlantic and in the Nation’s Capital. I appreciate the confidence that Bill Hess and [Cumulus EVP of operations] Dave Milner have in me and I am thrilled to work together to continue Cumulus’ great success at this historic station.”

Round One of April PPM Ratings Released. The first of four rounds of ratings data from Nielsen Audio’s April 2021 PPM survey has been released for 12 markets including: New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island), Riverside-San Bernardino-Ontario, San Jose, and Middlesex-Somerset-Union (New Jersey). Nielsen’s April 2021 sweep covered April 1 – 28. TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this round of markets. iHeartMedia’s New York news/talk WOR-AM drops three-tenths to finish the survey with 2.0 share (weekly, 6+ AQH share) and the #19 rank while Audacy’s crosstown sports talk WFAN adds seven-tenths for a 3.1 share finish and the #12 rank. In Los Angeles, iHeartMedia’s news/talk KFI is steady with a 5.7 share and remains ranked #2. Nexstar Media Group’s WGN-AM, Chicago is basically flat, falling one-tenth to a 3.4 share and stays in the #9 rank. You can see Mike Kinosian’s complete Ratings Takeaways here.

Salem Media Group Partners Grant Stinchfield with Jenn Horn on SoCal Signals.  Media personality Grant Stinchfield is joining Salem Media Group’s Southern California news/talk stations as co-host of the “The Morning Answer” alongside Jennifer Horn. The company says that after an “extensive and exhilarating months-long search,” Stinchfield – who also hosts a daily program on Newsmax TV – will work with Horn on KRLA-AM, Los Angeles and KTIE, Riverside-San Bernardino beginning today (5/18). KRLA and KTIE director of programming Chuck Tyler says, “Good things come to those that wait. We put Jennifer Horn through the ringer, as we tried out numerous co-hosts for this plumb assignment, having a number of world-class talk radio candidates. It took us five months. The good news is Jennifer survived, and we found an amazing new partner for her!” Salem SVP of spoken word Phil Boyce adds, “Grant is a true gem. He is smart, funny, and knows his stuff. His chemistry with Jennifer makes the morning show sizzle. We are delighted to add him to the team.” Stinchfield says about his new gig, “It is an honor to be chosen to be an important voice for millions of Californians who cherish liberty and freedom in a state that is quickly being controlled by big bureaucracy and government. I can’t think of a more important area of the country that needs common sense straight talk than Southern California. My goal is to simply strengthen the tireless fight AM 870 and AM 590 are already waging against the enemies of freedom, capitalism, and democracy.”

NYPost: Boomer & Gio Ink New Deals with WFAN. According to a report in the New York Post, morning show hosts Boomer Esiason and Gregg Giannotti have both signed new contracts with Audacy’s sports talk WFAN, New York. The story indicates that the deals run through 2023. The story also says – citing Nielsen Audio’s April PPM survey data – that Boomer & Gio “maintained their No. 1 overall spot in the market while ESPN [WEPN-FM] was tied for 9th (3.5).”

Bold Gold Broadcast and Media Foundation Sets November 19 for Annual Dinner Event. The 6th Annual Bold Gold Broadcast and Media Foundation Event & Dinner is taking place on November 19, 2021 at Mohegan Sun Pocono Grand Ballroom. Bold Gold Media founder and CEO Vince Benedetto tells his staff, “I’m thrilled to report that this year we will be having our 6th Annual Event on the evening of Friday, November 19 at our usual location in the Mohegan Sun Pocono Grand Ballroom! I am also extremely excited to report that I was able to secure an incredible speaker! Andrew Roberts, international best-selling author and Winston Churchill Scholar will be our keynote speaker. Andrew is author of the 2018 best seller, Winston Churchill:  Walking With Destiny.”

New Mask Guidance Controversy, COVID Vaccines, Israeli-Palestinian Conflict, AZ Vote Audit, SCOTUS to Hear Abortion Case, and Matt Gaetz Allegations Among Top News/Talk Stories Yesterday (5/17). The confusion over the CDC’s about-face on mask guidance for fully vaccinated Americans; the falling COVID cases in the U.S. and concerns about vaccine hesitancy; the battle between Israeli and Hamas forces in Gaza; the election audit in Maricopa County, Arizona and the Republicans continuing to promote the “stolen election” theory; the Supreme Court agrees to hear arguments over the Mississippi law that bans abortion after 15 weeks; and U.S. Rep. Matt Gaetz’s former friend Joel Greenberg pleads guilty to six felonies and agrees to cooperate with prosecutors were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Monday, May 10, 2021

| May 10, 2021

Monday Memo: Was Rush the Format? As the American comeback unfolds, polls demonstrate widespread optimism. “Yet,” consultant Holland Cooke reckons, there’s “a day-after-day negativity, a wearying sameness, among the half-dozen hosts vying for the Rush Limbaugh hours” on his affiliate stations. And in this week’s column, Cooke warns against typecasting the format as political talk: “If we learned one thing during the pandemic shutdown, it’s people’s appetite for ‘survival information.’” Read his column here.

Pending Business: Why Buy? Sales and marketing pro Steve Lapa says that if you ask yourself the question: Why buy advertising on your station, you know the answers to this in your sleep. “Yet why do three different sellers give three different answers? It sounds silly, but even at the best run stations, large market or small, my experience is the answers vary a little too much.” He offers eight questions to ask yourself that will help you formulate the answers to that question: Why buy? Read it here.

Townsquare Media Q1 Net Revenue Down 5.1%; Digital Revenue Up 13%. Reporting its financial data for the first quarter of 2021, Townsquare Media reveals total net revenue was $88.8 million, a decline of 5.1% from the same period in 2020. The company’s net loss shrinks dramatically from $59.5 million in the first quarter of 2020 to $6.1 million in Q1 of 2021. Operating income also did an about-face, shrinking from a loss of $72.1 million in Q1 of 2020 to income of $8.8 million this year. Townsquare Media CEO Bill Wilson says, “We are extremely proud to report that Townsquare’s first quarter 2021 results approached, and in some cases exceeded, levels achieved in the pre-COVID first quarter of 2019, which surpassed our expectations and previously stated guidance. In the first quarter of 2021, net revenue declined -5% year over year, and -1.6% excluding political and Live Events net revenue. When excluding Live Events net revenue, first quarter net revenue increased +0.3% as compared to the first quarter of 2019. Total digital revenue growth accelerated to +13% year over year (+32% vs. Q1 2019), contributing nearly 49% of Townsquare’s total first quarter net revenue. Our digital revenue growth was fueled by Townsquare Interactive, our digital marketing solutions subscription business, Townsquare Ignite, our digital programming advertising platform, and Townsquare Amped, digital advertising on our owned and operated brands, which increased revenue year over year by +15%, +12%, and +11%, respectively. Impressively, TSI, Ignite, and Amped’s first quarter net revenue exceeded Q1 2019 revenue levels by +34%, +45%, and +15%, respectively. Over the next three years, we expect to grow our digital net revenue from $167 million (on a trailing twelve-month basis as of March 31, 2021) to $250 million. The strong growth of our digital revenue, together with our strong expense management, led to Adjusted EBITDA increasing nearly +30% over the prior year. I am especially proud to share that first quarter Adjusted EBITDA of $20.1 million is +$1.3 million, or +7%, higher than Q1 2019’s pro forma Adjusted EBITDA, and +$2.1 million, or +12%, higher when excluding profit from Live Events.”

The Mayor and the Mobster. Nationally syndicated Compass Media Networks talk star Joe “Pags” Pagliarulo scored an amazing one-hour double interview with former NYC Mayor Rudy Giuliani and former high-profile mobster Michael Franzese last week which he ran on Tuesday through Friday (5/4-7) as a four-part special series on his radio show titled, “The Mayor and the Mobster.” Giuliani prosecuted Franzese 40 years ago at a time when the two men were arch enemies. Much has changed since then in terms of their relationship. In a fascinating conversation about the nature of crime fighting, prosecution, and redemption, the two men have more than reconciled their differences as indicated in a wonderful interview conducted brilliantly by Pags. You can watch the entire 56-minute conversation captured on video by clicking here.

Missouri House Passes Bill to Make January 12 ‘Rush Limbaugh Day.’ The Missouri House of Representatives passed a bill last Thursday (5/6) that would make January 12 “Rush Limbaugh Day” in honor of the Cape Girardeau, Missouri native who died in February at age 70. The bill met with opposition from Democratic House members, including Rep. Ashley Bland Manlove who criticized Limbaugh for “constant attacks on Black people and other people of color,” according to a report by the AP. Republican Rep. Sara Walsh, a supporter of the bill, said, “Rush demonstrated courage to speak boldly and encouraged his listeners and viewers to reach for their dreams and to push onward beyond the naysayers and discouragers that we all encounter in life.” The bill must pass the Missouri Senate before it moves on to the governor’s office.

AdLarge and Sounds Profitable Partner for ‘Up Next – A Podcast UpFront.’ Audio ad sales network AdLarge Media partners with podcast ad tech publication Sounds Profitable to launch Up Next – A Podcast UpFront. The companies say that “embracing a ‘never-been-done-before’ concept, Up Next utilizes the podcast format to promote podcasting with two acclaimed industry leaders hosting the series, FRQNCY founder/CEO Michelle Khouri and Edison Research SVP, Tom Webster. The idea originated from a brainstorming session between the leadership team at AdLarge and Sounds Profitable and is NOT an event but rather a podcast series specifically designed to showcase the multiple facets of the podcast industry including publishers, networks, content producers, and more. No special invitation required to listen to the podcasts, they are available to everyone.” In the first season of the Up Next series, AdLarge’s premiere episode focuses on the power of podcast advertising in addition to exploring the intriguing and valuable aspects of the podcasting world. The AdLarge season consists of six episodes, which also includes sample episodes from some of the most favored podcasts in the space today such as: “Crime Junkie,” “Swindled,” “The Hey Girl Podcast,” “The Trip,” and “Kill Me Now with Judy Gold.” AdLarge SVP, head of revenue operations & digital sales Ilwira Marciszek says, “It’s crazy that no one thought of this earlier. We know podcasts get results. This is the perfect way to get in front of people on their own time. I’m beyond thrilled to use the medium we’re selling to showcase the power of podcasting.” You can learn more here.

Broadcasters Foundation of America Seeks Donations to Counter Lost Fundraising Events. The Broadcasters Foundation of America is in need of donations to counter the loss of funds from major fundraising events that were cancelled due to the coronavirus pandemic. A 501(c)3 charity, the BFoA is the only organization dedicated exclusively to providing financial aid to broadcasters and their families whose lives have been upended by debilitating illness, accident, or catastrophe. BFoA chairman Scott Herman says, “In its more than 70 years of existence, the Broadcasters Foundation has provided financial assistance to every broadcaster who qualified, and we want to continue that track record. These men and women are our colleagues, and unthinkable tragedy has left them unable to work. We cannot turn our backs on them.” Cancelled fundraisers for the Broadcasters Foundation include the Celebrity Golf Tournament, the Golden Mike Award, and the Philip J. Lombardo Charity Golf Tournament. Personal and corporate donations can be made here.

COVID-19, GOP vs Cheney, Rising Consumer Goods Prices, Weekend Gun Deaths in U.S., Gas Pipeline Hack, Biden’s Infrastructure Plan, Afghanistan Girls School Bombing, and Arabian Sea Arms Seizure Among Top News/Talk Stories Over the Weekend. The rate of COVID-19 cases in the U.S., vaccine hesitancy, and the outbreak in India; U.S. Rep. Liz Cheney faces losing her GOP leadership role for not carrying the stolen election banner; concerns about the fast-rising prices of gas and consumer goods; the slaying of six at a Colorado Springs birthday party and numerous other gun deaths over the weekend; the hacking of a gas pipeline by Russia-based operatives; President Joe Biden to push his infrastructure plan this week; the bombing at a girls school in Afghanistan that killed 85 people; and the U.S. Navy seizes a large weapons cache in the Arabian Sea were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.

Michael Harrison Animal Welfare Music Video Going Viral on YouTube. The animal welfare anthem “I Know You’re Real” that appears on the new Gunhill Road album What Year Is This! has been picking up an accelerating number of views this past week – approximately 1,400 per day – solely based thus far on radio interviews. The song’s lyrics, penned by Michael Harrison and recited by him on the recording and video, discuss the metaphysical nature of the relationship between humans and animals as well as the connectedness of all sentient life forms to the universe at large. The video, described by talk media host Thom Hartmann as “a masterpiece,” displays a fascinating array of photos and video clips depicting animals – domestic and wild – and cosmic images. Harrison recently became a regular working member of the legendary NYC-based band that has been around since the late 1960s. To book Harrison to appear as a guest talking about animal welfare, cosmic consciousness, and the golden days of FM rock radio, please contact him directly at michael@talkers.com or call Barbara Kurland at TALKERS at 413-565-5413.  To view the video, please click here.

Monday Memo: Was Rush the Format?

| May 10, 2021

By Holland Cooke
Consultant

 

BLOCK ISLAND, RI — He told us that, first-and-foremost, he was an entertainer. And was he ever. As was the late gritty iconoclast G. Gordon Liddy, second-in back when political talk radio found traction. Either of them probably could’ve read the phone book and held our attention. Local hosts chimed-into what became a conservative chorus. Yet, as they still share the same sheet music, it’s not the same without the lead singer.

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Thursday, May 6, 2021

| May 6, 2021

Saga Communications Q1 Net Revenue Down 15.5%. Reporting its financial data for the first quarter of 2021, Saga Communications announces net revenue for the period was $22.3 million, a decline of 15.5% from the $26.1 million reported in Q1 of 2020. Station operating expense decreased $3.3 million to $18.9 million for the quarter compared to the same period last year.  Station operating income was $4.7 million, down from the $5.5 million reported in the first quarter 0f 2020. Free cash flow increased 21.4% to $1.8 million for the quarter. Saga Communications reports net income of $758,000 in the first quarter, compared to $1.7 million in Q1 2020. The company’s balance sheet reflects $56.3 million in cash on hand as of March 31, 2021 and $57.4 million as of May 3, 2021. Saga’s total bank debt remained at $10 million as of the end of the first quarter 2021. Capital expenditures in the first quarter were $534,000 compared to $1 million for the same period last year. Saga expects to spend approximately $4.5 – $5.5 million for capital expenditures during 2021.

Nielsen Q1 Revenue Up 2.5%. Ratings and analytics giant Nielsen Holdings plc reveals its financial results for the first quarter of this year and revenue was $863 million, an increase of 2.5% on a reported basis. Nielsen notes that these results reflect the March 5, 2021 sale of the Global Connect business (consumer data) for $2.4 billion in net proceeds, which resulted in a $542 million preliminary gain on sale, net of taxes, recognized in the quarter. Of the net proceeds, $2.28 billion were used for debt reduction in March and April 2021. Beginning in the first quarter of 2021, Global Connect results were reclassified to discontinued operations for all periods presented. Nielsen CEO David Kenny comments, “We delivered a solid first quarter, as our teams executed incredibly well. We closed on the sale of Global Connect in March and are now singularly focused as the global essential data, measurement, and analytics provider for the entire media ecosystem. We are investing in our future and we are well-positioned to drive new growth from new solutions across all of our end markets globally. In particular, we are pleased with the advances we’ve made in Audience Measurement, Outcomes and Gracenote Content Services. We are executing as planned and we are increasing key elements of our 2021 guidance.”

FOX Corp Acquires Clay Travis’ Outkick. Yesterday (5/5), FOX Corporation announced an agreement via its subsidiary to acquire Outkick Media, LLC, the digital media platform founded and led by Clay Travis, and related assets. FOX says, “Outkick is an omnichannel leader in sports, opinion, politics, and pop culture content across its radio, podcasts, online and social outlets, as well as being one of the foremost sources of sports wagering information in the United States. Further, Outkick is in an exclusive marketing agreement with FOX’s partner FanDuel and serves as a significant source of sports wagering referrals.” FOX Corp executive chairman and CEO Lachlan Murdoch comments, “As FOX further diversifies our growing digital portfolio and broadens our position in the sports wagering ecosystem, there could be no better acquisition than Outkick. Clay and his team have quickly made Outkick a content powerhouse with a very large, loyal and engaged audience. We expect the synergies presented across FOX’s existing portfolio of assets will turbocharge this exciting business.” Travis adds, “Outkick has grown out of my passion for producing bold, well-informed, and entertaining content about sports, current events and, more recently, sports wagering. With the power of FOX behind us, we look forward to maintaining Outkick’s unwavering commitment to that mission, as well as further accelerating the growth of our audience, and continued leadership in the sports wagering affiliate category.” Clay Travis will remain integrally involved at Outkick and serve as its president. The price of the acquisition has not be announced.

Dr. Laura’s ‘Call of the Day’ Hits 100 Million Download Mark. The “Call of the Day” podcast from Dr. Laura Schlessinger has reached the 100 million-downloads mark. The podcast is a feature that’s taken from Dr. Laura’s daily SiriusXM talk show in which she features a call she designates as the best from each day’s show. The “Call of the Day” podcast was launched in 2017 and has consistently ranked #1 in Parenting on Apple Podcasts, is top ranked in Kids and Family, and is among podcasting’s Global 200 according to Chartable. Dan Brady, director of podcast operations and program audio content for Take On The Day LLC, says, “We set forth to make this podcast a new avenue to hear Dr. Laura. It turns out we made it one of the most popular focusing on families and parenting. Take On The Day LLC president Geoff Rich adds, “In addition to its popularity with listeners old and new, Dr. Laura’s ‘Call of the Day’ has proven to be a great opportunity for advertisers who want to reach the desirable demographic of women 25-54.  It’s been a win-win for everyone.”

Todd Starnes Is This Week’s Guest on Harrison Podcast. Entrepreneur, syndicated talk show host, radio station owner, author, columnist, and conservative/evangelical thought-leader Todd Starnes is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” After working as a radio news reporter and news columnist for a number of years, this colorful and controversial personality began hosting a syndicated talk radio show on FOX News Radio in 2017. In 2019, he moved on from FOX, launching his own independent syndicated show which just recently cracked the 100-affiliate milestone. In January 2020, he significantly expanded his media empire by purchasing Memphis talk station 990 AM KWAM which now serves as the flagship for his growing radio show and political/industry influence. To listen to the podcast in its entirety, please click here.

Report: Future of Centennial’s WINC-AM, Winchester, Virginia Uncertain. A story in the Winchester Star shines a light on the status of Centennial Broadcasting II’s Winchester, Virginia news/talk outlet WINC-AM. Company CEO Allen Shaw tells the paper that WINC-AM “hasn’t had great financial success” lately and that the death of Rush Limbaugh has added to the station’s woes. Shaw tells the Wincester Star that his company is selling WINC-FM and WZFC-FM, to Fairfax, Virginia-based Metro Radio Inc. for $225,000 and that Centennial offered WINC-AM as well “practically for nothing” but Metro didn’t want it. If Centennial can’t sell WINC-AM, it would consider donating it to a college or a religious group before it would take the station dark.

COVID-19, Trump vs Liz Cheney/Future of GOP, Facebook Trump Ruling, Giuliani Investigation, Border Crisis, Newsom Recall/Jenner Run, and Peloton Recall Among Top News/Talk Stories Yesterday (5/5). The rate of COVID cases in the U.S., the move to waive COVID vaccine patents, and the soaring death rate in India; Donald Trump’s orchestration of U.S. Rep. Liz Cheney’s fall from power in the House and the future of the GOP; Facebook keeps Trump account suspended but allows for further review; the FBI’s investigation into Rudy Giuliani and the mainstream media’s reporting errors; the crush of migrants at the U.S.-Mexico border and the Joe Biden administration’s immigration policy; the recall of California Governor Gavin Newsom and Caitlyn Jenner’s plan to run for the office; and Peloton recalls all of its treadmills after numerous accidents and one death were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Thursday, April 29, 2021

| April 29, 2021

RTDNA/Newhouse School: 2020 A Dangerous Year for Journalists. The annual survey of broadcast newsrooms from the RTDNA and the Newhouse School of Public Communications at Syracuse University notes that during the past year, the job of seeking and reporting the truth became increasingly dangerous. “Journalists were threatened, assaulted and arrested at an alarming rate while on the job. We faced unprecedented levels of verbal and physical violence at the hands of civilians, police and the leaders we are meant to hold accountable.” This is the first year that the survey included a section on media safety. The survey’s research team says it wanted to understand how repeated, targeted acts of violence have impacted newsrooms across the country and learned that one in five television news directors reported attacks on employees. 86% of news directors changed newsroom procedures to protect employees. They purchased bullet-proof vests and gas masks and more often sent security teams with reporters. As far as radio is concerned, the study concludes, “Not surprisingly, the level of attacks at radio stations and on radio news people is much lower. Four percent of radio news directors and general managers reported attacks on newsroom employees. It was primarily a problem in major markets, with one million and more people, where 13.8% of news directors and general managers reported attacks on employees.” You can see the complete survey here. Commenting on the study, National Association of Broadcasters president and CEO Gordon Smith says, “Broadcast journalists play an essential role in documenting pivotal moments in American history from the front lines. That has never been more important than during the past year. NAB is gravely troubled by this study reporting the unprecedented level of harassment, intimidation and violence directed at journalists covering the historical events of 2020. These unacceptable attacks on our nation’s free press undermine our very democracy by preventing journalists’ ability to report the facts and keep the public informed. We are grateful to the dedicated broadcast journalists bringing the truth to Americans during these dangerous times.”

Nick Craig to Host Mornings on WAAV-AM, Cape Fear. Beginning May 3, Nick Craig begins hosting “Wilmington’s Morning News with Nick Craig” on Cumulus Media’s news/talk/sports WAAV-AM, Cape Fear, North Carolina “980 The WAAV.” The station says the show is “a live and local morning show hosted by fresh conservative talk personality Nick Craig. The show focuses on the day’s biggest stories including Wilmington and the Cape Fear region. The show will feature a wide variety of topics, guests, and listener interaction.” Cumulus Wilmington VP and market manager Eric McCart comments, “We’re excited to have Nick join our 980 WAAV Cumulus family! He brings a fresh new energy and excitement to weekday mornings that our listeners will really enjoy. If it’s happening in Wilmington and the Cape Fear region, it’s happening on Wilmington’s Morning News with Nick Craig!” Craig adds, “Traveling on the road paved by the likes of Rush Limbaugh, I’m excited to bring the next generation of conservative talk to the Wilmington region and beyond. To be part of a legacy talk station like WAAV and Cumulus Media is quite the opportunity at my age. Looking forward to using these platforms to engage and interact with traditional talk listeners and the next generation.”

Ron Slay Joins WGFX-FM, Nashville’s Afternoon Drive Show. Nashville sports talker WGFX-FM “104.5 The Zone” announces that former University of Tennessee basketball star Ron Slay is joining the “3HL” afternoon drive program alongside current hosts Brent Dougherty and Dawn Davenport. Paul Mason is program director for the Cumulus Media station, and he says, “Our listeners have made it clear that they want us to hire Ron Slay. I am happy to say we listened, and we are thrilled Ron Slay will be joining Brent Dougherty and Dawn Davenport on ‘3HL.’ ‘3HL’ is already a great show and I look forward to seeing it go to even higher levels.” Slay comments, “I am both delighted and eager to join the ‘104.5 The Zone’ and ‘3HL’ families. I hope to bring joy, energy, and insight to Nashville sports enthusiasts each day.”

SiriusXM Reports 2021 Q1 Financials; Revenue Up 5%. Satellite radio and digital audio broadcaster SiriusXM releases its financial data for the first quarter of 2021 and reports total revenue of $2.06 billion, a 5% increase from the $1.95 billion reported during the same period a year ago. However, net income for the quarter was $219 million, a decline of 29% from the $293 million reported in Q1 of 2020. SiriusXM added 126,000 self-pay subscribers to hit its all-time high of 31 million self-pay subscribers. New chief executive officer Jennifer Witz comments, “I am pleased to announce SiriusXM has started the year impressively – we added 126,000 self-pay net subscribers, an 83% increase as compared to the period a year ago, saw a first quarter record-low churn rate of 1.6%, and are reporting a new record-high quarterly adjusted EBITDA figure.  These strong results reflect the value we bring to our listeners through the breadth and depth of our content. Our advertising revenue grew 24%, driven by robust monetization of both on- and off-platform opportunities, as well as the growing podcast market. While we are benefiting from the broader reopening of the economy and the acceleration of consumers’ digital adoption, the meaningful long-term investments we’ve been making are also paying off. This includes creating and delivering compelling content, strengthening our digital product experiences, and scaling a full suite of end-to-end distribution and monetization solutions for content creators and publishers. We are extremely focused on achieving our 2021 goals and reinforcing our long-term position as North America’s premier audio entertainment company. Across SiriusXM, Pandora and Stitcher, we have added new channels, shows, hosts, and podcasts, enhancing the expertly curated audio entertainment experience across all formats from music to sports… We are working with highly regarded creators on new podcasts; earlier this week we announced the acquisition of 99% Invisible, the acclaimed and popular podcast from Roman Mars and his creator team. This was our first year as the exclusive audio broadcaster of the Masters Tournament, and we have expanded our streaming rights with both the NBA and MLB. We also created special music and talk programming that honored both Black History and Women’s History months back-to-back.”

RAB Announces ‘Radio Works for Automotive’ Presentations. As part of RAB’s Business Accelerated initiative, it is presenting a two-part live series for May’s featured automotive category, one of radio’s most important advertising categories. The first presentation titled, “What’s Driving the Auto Industry?” takes place at 1:00 pm ET on May 19. As Americans return to school and work, the demand for vehicles grows. Parts shortages, as well as chip scarcity, are hindering inventory on lots and yet, auto sales remain high despite the supply-demand imbalance. In this presentation, hear from experts in both automotive and auto dealership industries including Tyson Jominy, vice president, data and analytics, J.D. Power, and Dick Parrish, dealership management consultant, NADA, who will share insights into the auto industry’s growth and challenges. The second live presentation will feature broadcasters discussing automotive client success stories to help sellers prospect and support their clients. The session, titled “Radio Works for Automotive Part 2,” takes place at 1:00 pm ET on May 26. The presentation will also be available for on-demand viewing. Both presentations are free for RAB members. You can register here.

TALKERS News Notes. The Media Sales Institute announces its strategic alliance with Media Staffing Network that will bring MSN’s media recruiter’s expertise to the MSI curriculum at the 2021 NABOB MSI, being held at the Atlanta University Center and hosted by Morehouse College from October 25 to November 4, 2021. Media Staffing Network founder and CEO Laurie Kahn comments, “With our tutelage, we can better prepare the MSI graduates to address the position for which they are applying. Sadly, many colleges and universities are not as up to date on what a recent graduate should include on their resumes. Nor do they teach their students how to best stand out and showcase their value when they have little to no work experience.”…..iHeartMedia and media personality Chelsea Handler have entered into a deal for a new podcast called “Dear Chelsea” to be produced as a new iHeartRadio Original Podcast.  The comedian, best-selling author, and television host will give listeners the opportunity to submit questions about life and get candid answers on the podcast. “Dear Chelsea” – also featuring Handler’s co-host and longtime assistant Brandon Marlo – debuts on May 6. Handler says, “iHeartRadio has been a great place for me to share all of my wild, unvarnished thoughts. I’m excited to start this journey with ‘Dear Chelsea’ to help people figure out what they need in life – I’m more than happy to be that kick in the pants or shove that will give someone a new perspective on a situation and help them to make a decision.”…..SiriusXM announces it is again offering listeners nationwide comprehensive coverage of the Kentucky Derby this Saturday (5/1). SiriusXM, through its broadcasting agreement with Horse Racing Radio Network, airs all Triple Crown races – the Kentucky Derby, Preakness Stakes and Belmont Stakes – as well as the Breeders’ Cup World Championships. The wire-to-wire race broadcast of the Kentucky Derby is provided by NBC Sports Audio Network and produced in collaboration with HRRN.

Biden Addresses Congress, COVID-19, Police Violence, Fed Search Giuliani’s Home and Office, John Kerry Iran Allegation, Feds Investigate Direct Energy Attack, and Boris Johnson Scandal Among Top News/Talk Stories Yesterday (4/28). President Joe Biden’s address to Congress and his wide-ranging $1.8 trillion “American Families Plan”; the rate of COVID cases in the U.S., the rollout of vaccines, and the exploding cases in India; the spate of high-profile cases of deadly police violence against citizens; the FBI’s search of former NYC mayor and former Donald Trump attorney Rudy Giuliani’s home and office in an investigation of his ties to Ukraine; the allegation that then-Secretary of State John Kerry shared Israeli military intelligence with Iran; the Pentagon’s investigation into a mysterious “direct energy attack” near the White House; and the scandal over Boris Johnson’s refurbishing of 10 Downing St. were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.