Tag: "Salt Lake City"
Entercom Changes Corporate Name to Audacy. This change was teased by Entercom on Monday in a tweet but makes the news official today, marking the change from Entercom Communications Corp to Audacy, effective immediately. In a press release, the company says: “Over the past three years, the company has purposefully evolved into a scaled, multi-platform audio content and entertainment organization with the country’s best radio broadcasting group and a leadership position in virtually every segment of the dynamic and growing audio market—including broadcasting, podcasting, digital, network, live experiences, music, sports and news. Audacy is also the #1 creator of original, premium audio content.” Chairman, president and CEO David Field adds, “We have transformed into a fundamentally different and dramatically enhanced organization and so it is time to embrace a new name and brand identity which better reflects who we have become and our vision for the future. ‘Audacy’ captures our dynamic creativity, outstanding content, and innovative spirit as we aspire to build the country’s best audio content and entertainment platform.” The company says its evolution has been fueled by: the acquisition of the CBS Radio group, the launch of RADIO.COM and building the fastest growing digital audio platform, the acquisition of Cadence13 and Pineapple Street Studios, enhancing its sports platform with the acquisition of QL Gaming Group and its partnership with FanDuel, and more. The company’s ticker symbol will change from ETM to AUD effective on or about Friday, April 9. Along with the name Entercom, effective today, the company will also sunset the RADIO.COM brand and align its direct-to-consumer platform under Audacy.
Alpha Media’s WSGW-AM/FM, Saginaw Adds ‘Markley, Van Camp & Robbins’ for Early Afternoons. Saginaw, Michigan news/talk WSGW-AM/FM announces it is filling the 12:00 noon to 3:00 pm daypart previously occupied by the Rush Limbaugh program with Compass Media Networks’ “Markley, Van Camp & Robbins Show” featuring Jamie Markley, David Van Camp, and Scott Robbins. The Alpha Media station says in mid-March it switched “from the Rush recordings to this new, live show from 12:00 noon to 3:00 pm. WSGW wanted a show that would serve conservatives on the hot topics of the day in an informative and entertaining style. The MVC&R Show does that perfectly because they include a Millennial, Gen Xer, and a Baby Boomer. The range of audience listenership this trio brings closes the generation gap and provides a unique perspective that no other show can do. At the end of the day, it’s three friends hanging out and talking about everything! It is a great show and 100.5 & 790 Newsradio WSGW is excited to announce their addition to the lineup.”
WDUN-AM/FM, Gainesville, Georgia to Air Todd Starnes Show in Noon to 3:00 pm Slot. The Gainesville, Georgia news/talk outlet announces it will fill the 12:00 noon to 3:00 pm daypart with the “Todd Starnes Show.” Jacobs Media’s WDUN-AM/FM is overseen by EVP and general manager Bill Maine, who says, “We know our listeners will miss Rush. He was the absolute best at what he did, and no one can replace him. But we are fans of Todd Starnes and we think moving Todd into that time slot, as well as adding more locally produced programs gives WDUN an exceptionally strong lineup of news/talk programs.”
KSL-AM/FM, Salt Lake City Expands Local Shows in Talent Shuffle. Salt Lake City news/talk KSL-AM/FM announces a series of changes in its lineup that includes the expansion of three programs. The Bonneville station says that with the departure of Lee Lonsberry from this station, Boyd Matheson’s “Inside Sources” program moves from the 11:00 am to 12:00 noon slot to the new 1:00 pm to 3:00 pm daypart. The “Utah’s Noon News” show expands from 30 minutes to a full hour from 12:00 to 1:00 pm and “The Dave and Dujanovic Show” grows by an hour to air from 9:00 am to 12:00 noon. KSL program director Kevin LaRue says, “Boyd is just too important of a voice to the community to only have him on KSL one hour a day. We’re excited to provide listeners a longer program to cover important issues. The thinking he offers about the news and current culture is unparalleled.” Matheson also serves as the opinion editor of the Deseret News. He says, “Having spent most of my career as an international business consultant really gave me a look at how things work, what leadership looks like, and how you pull people together. Then my time in Washington DC as a chief of staff understanding the behind-the-scenes things that go on where the real levers of power are in DC and of course our connection to politics here locally. ”
‘Free Talk Live’ Host and Co-Founder Ian Freeman Awaits Bail Ruling; Faces Fraud and Money Laundering Charges. The lead host and co-founder of the nationally syndicated talk radio program “Free Talk Live” – Ian Freeman– is awaiting a ruling from federal Judge Magistrate Andrea Johnstone on a bail request from his attorney, according to an article in the Manchester Union-Leader. Freeman is being charged with money laundering, fraud and conspiracy after a recent raid on his home by federal authorities. Assistant U.S. Attorney Georgina MacDonald alleges that Freeman and others operated a Bitcoin-dollar exchange program through churches with which they are affiliated and called Freeman a “sophisticated cybercriminal.” The Union-Leader reports the feds allege that Freeman used Shire Free Church accounts to convert dollars to Bitcoin and that those dollars came from “romance fraud, investment fraud, and your-friend’s-in-jail fraud.” MacDonald says Freeman “offered anonymity, didn’t ask questions and charged a 10% exchange fee” when “legitimate” exchange services charge 3% or less. In requesting bail, Freeman’s attorney, Mark Sisti, argued that Freeman is not a flight risk and that he’s known about the federal investigation for years because people agents interviewed would tell Freeman about their encounter with authorities. Sisti says Freeman could have fled before his arrest. Industry observers who follow this TALKERS Heavy Hundred program know that its main freedom-based theme and Freeman’s ongoing antagonistic position on laws he considers unconstitutional have provided it with provocative and compelling “reality show” type material even though it has been a source of irritation to both local Keene, New Hampshire (where the show is based) and federal law enforcement agencies. Part of the show’s formidable appeal to an ever-growing number of affiliates and loyal listeners has been the willingness of its primary host to “walk the walk” and not just “talk the talk.”
Sam Tatum Promoted to VP, Integrated Marketing & Partnerships for Radio One and Reach Media. Rising from his director of sales for Radio One’s Washington, DC cluster to the newly created position of vice president, integrated marketing & partnerships for Radio One and Reach Media is Samuel Tatum. In this new role, Radio One and Reach Media say they are further unifying their sales and integrated marketing efforts across both divisions to help brands and agency partners effectively connect with the coveted and influential Black consumer through authentic and powerful multiplatform touchpoints. Tatum will lead a team of marketers and project managers in developing and implementing new innovative marketing solutions for national advertisers and agencies utilizing all of the Radio One and Reach Media assets. As the primary liaison between the national sales teams and other departments within Radio One, Reach Media, and other Urban One divisions, Tatum will streamline communications, ensure the continuity of national and corporate partnerships, and make sure the sales teams continue to provide their advertising partners with the absolute best-in-class cross-platform solutions. Tatum states, “I am humbled by the confidence Reach Media and Radio One has placed in me and am excited to continue to grow the legacy of our founder, Cathy Hughes, in this new role. Radio One and Reach Media have a rich portfolio of assets, and I am passionate about the opportunity to create, develop, and execute unique, on-brand, and culturally appropriate solutions that provide reach and engagement with the Black consumer for our advertisers and partners. Let’s blaze new trails!”
Cumulus Media’s WGFX-FM, Nashville Announces Content Partnership with A to Z Sports. Nashville sports talker WGFX-FM “104.5 The Zone” announces it has entered into a content partnership agreement with popular online sports information and entertainment destination, A to Z Sports. Cumulus Media says, “The agreement brings together the two biggest sports entertainment brands in Nashville and Middle Tennessee, allowing them to create and share unique, deep-dive sports content across their respective digital platforms, including streaming and on-demand content, podcasts, social media, and much more, plus live and local on-air programming on ‘104.5 The Zone’ and high-engagement live events for area sports fans.” Per the terms of the agreement, “104.5 The Zone,” the flagship home for the Tennessee Titans and Nashville affiliate for University of Tennessee Volunteers, will regularly feature A to Z Sports personalities, while “104.5 The Zone” personalities will appear regularly on A to Z Sports’ popular programs. The partnership will create shared and complementary original programming between the brands and their platforms to give fans more and better sports news and talk than ever before. WGFX program director Paul Mason says, “We are truly excited to partner with A to Z Sports! This opens up more doors for both WGFX and A to Z to be more creative and implement new ideas in the market. The true winner in this partnership is the Nashville sports fan.” A to Z Sports is co-owned by Zach Bingham and Austin Stanley. Earlier this month, “104.5 The Zone” signed sports journalist Buck Reising as its midday air personality (10:00 am to 1:00 pm). Reising had previously been a frequent guest host on WGFX, but is mostly known for his “615 Sessions” podcast and live weeknight show, “A to Z Sports Primetime,” heard on A to Z Sports Nashville.
Audacy Unveils New Relationship with BetMGM. The new Audacy, formerly Entercom, unveils another sports betting deal, this time with BetMGM. This relationship is a multi-year deal designating BetMGM as a betting partner of Audacy across its sports broadcast stations, the Audacy, and Bet QL apps and digital platforms, and the “BetQL Audio Network.” The partnership will bring BetMGM’s sports betting content to Audacy sports talk listeners and gives BetMGM preferred access to Audacy talent. The partnership comes on the heels of several recent moves made by Audacy in the sports betting space, including the acquisition of sports data and iGaming affiliate platform QL Gaming Group and the launch of the “BetQL Audio Network, both of which are fundamental components of this deal. Audacy president of sports Mike Dee says, “The advent of legalized mobile sports betting has presented an unprecedented opportunity to bring the action closer to the audience than ever before and, as a result, provide our partners with a direct line of sight to tap into an attentive, fully engaged audience of potential sports bettors. We are proud to partner with BetMGM and wish to thank them for their confidence in us as we become one of their largest media partners. In light of our BetQL acquisition and related offerings, we believe this commitment is the latest validation that no other media company offers the wide variety of ways to connect with the sports betting audience the way that we do on a multi-platform basis.”
COVID-19 Cases Rising/Vaccines, WHO Virus Origin Report, Derek Chauvin Trial, Biden Economic Stimulus Plan, Suez Ship Freed, Lil Nas X Controversy Among Top News/Talk Stories Yesterday (3/29). The rising number of COVID-19 cases and the CDC’s warning of a fourth wave, plus the rollout of vaccines; the World Health Organization’s COVID origin report that suggests the coronavirus jump to humans from animals; the beginning of the trial of former Minneapolis police officer Derek Chauvin in the death of George Floyd; the Biden administration’s multi-trillion dollar economic plan that first focuses on infrastructure; the container ship that blocked the Suez canal for almost a week is freed; and the controversy over the new song from Lil Nas X and the accompanying “Satan Shoes” were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
NOW POSTED: This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the vibrant, one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS magazine, is now posted. This new episode titled, “Feeding an Environment of Fear,” looks back at this past week of February 22-26, 2021. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS magazine; Gary Sutton, talk show host, WSBA, York, PA; Dr. Daliah Wachs, talk show host, Genesis Communications Network / medical physician; Dr. Renee Kohanski, podcaster, Clinical Correlation, Medscape‘s MDEdge Psychcast / forensic psychiatrist; Rush Limbaugh, late talk radio icon; and Richard Neer, talk show host, WFAN, New York. The show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD (“Freedom 93.7”), Denver; KFNX, Phoenix; WVLY, Wheeling, WV; WTRW-FM, Scranton/Wilkes Barre, PA; WVOX, Westchester, NY; KBDT, Dallas; KQSP, Minneapolis; KBKW, Aberdeen, WA; WGDJ, Albany, NY; WJFN-FM, Richmond, VA; WZFG, Fargo; KTGO, Tioga, ND; KWAM, Memphis; K-NEWS, San Luis Obispo; WGMD, Rehoboth Beach, MD; WCHM, Clarkesville, GA; WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED (“Connect FM”), DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; WIZM-AM/FM, La Crosse, WI; WMVA, Martinsville, VA; the Virginia Talk Radio Network; CRN Digital Talk Radio Network; the iHeart Podcast Network; Pioneer Valley Radio, Springfield, MA; Podcast Radio, UK and many more. To listen to this week’s episode, please click here. To view the latest TALKERS magazine topic research, please click here. “The Michael Harrison Wrap” is now available in syndication via Talk Media Network to stations across America on a market exclusive basis. For affiliation information, please click here or call 616-884-8616.
iHeartMedia 2020 Q4 Revenue Down 8.8%; Full Year Revenue Declines 20%. Reporting its financial data for the fourth quarter and for the full year of 2020, iHeartMedia fares a little better than its two major competitors (based on the number of radio stations owned) Cumulus Media and Entercom Communications. Fourth quarter revenue was $935.5 million, a decline of 8.8% from the same period in 2019. For the full year, revenue was $2.9 billion, down 20% from the full year 2019. Although the company reports net income of $2.9 million in Q4 2020, that’s down 95% from the $62.1 million net income reported in Q4 of 2019. For the full year 2020, iHeartMedia reports a net loss of $1.9 billion. It reported net income of $11.2 billion in 2019. iHeartMedia says that strong sequential improvement is continuing since the height of the pandemic in the spring of 2020. It also reports that digital revenue increased 26% year-over-year, including a 91% increase in podcasting revenue. Company chairman and CEO Bob Pittman says, “We are pleased that the company continues its steady recovery from the COVID-19 downturn – and it’s particularly rewarding to see the impressive performance from our areas of strategic investment, like podcasting, SmartAudio, digital, and Ad Tech. In addition, with our new reportable segments, we will be able to provide additional insights into both our largest segment and our fastest-growing segment, and help highlight the key metrics and impressive performance of each.” iHeartMedia COO and CFO Rich Bressler adds, “Our swift response to the COVID pandemic and our diligent management of expenses throughout the year enabled us to successfully achieve approximately $250 million of savings in 2020. This cost management enhanced our operating leverage and helped us to achieve adjusted EBITDA of $265 million in the fourth quarter, which was an improvement of 64% over the third quarter. The continued sequential improvement of our revenue, adjusted EBITDA and free cash flow over the past three quarters has us well positioned for continued recovery into 2021, and our commitment to make the majority of the $200 million of COVID-19 related savings permanent will further enhance the company’s operating leverage as revenue recovers.”
iHeartMedia Unveils New Business Operating Structure. Saying that this new structure reflects the “increasing size and importance” of its digital businesses, iHeartMedia announces that its two divisions – the Digital Audio Group and the Multiplatform Group – will publicly report their financial data separately and will have dedicated management. The iHeartMedia Digital Audio Group includes the iHeartRadio digital service and its podcasting business while the iHeartMedia Multiplatform Group includes its broadcast radio assets. The company says that as of the fourth quarter of 2020, the Digital Audio Group encompassed almost 20% of the company’s consolidated revenue and 23% of its earnings, and during that quarter grew revenue by 53% year-over-year and Adjusted EBITDA by 74% year-over-year. The company expects the Digital Audio Group will continue to grow as an increasing proportion of its business in the future. It adds that separate reporting of these two operating segments will provide “improved visibility into the underlying performances, results and margin profiles of these distinct audio-driven businesses.” Here’s how it breaks down: The iHeartMedia Digital Audio Group includes the podcasting business; the iHeartRadio digital service; the company’s digital sites, newsletters, digital services and programs; and its digital advertising technology companies, including Jelli, RadioJar, Unified and Voxnest, and will also include the recently-announced Triton Digital upon completion of the acquisition. Leading the division will be Conal Byrne as CEO and Darren Davis as COO, with Carter Brokaw serving as the president of digital revenue and Jessica Jerrick as EVP of digital distribution and platform partnerships. Meanwhile, iHeartMedia Multiplatform Group – representing almost 75% of the company’s revenue – includes the 860-plus radio stations in 160 markets; the company’s live and virtual events business; and its national sales organization (which will use iHeartMedia’s full array of products, from broadcast radio and events to its SmartAudio suite of data targeting and attribution products, which allows informed digital-like planning against targeted audiences with the benefit of broadcast scale and impact, as well as using all of the products from the iHeartMedia Digital Audio Group). Premiere Networks, which includes the Total Traffic and Weather Network; and BIN: Black Information Network, will also join this group. Leading the iHeartMedia Multiplatform Group will be Greg Ashlock as CEO and Tim Castelli as chief revenue officer. Julie Talbott joins this group as president of Premiere Networks; Hartley Adkins becomes president of the Markets Group; Jeff Howard remains president of national sales and Tony Coles as president of BIN: Black Information Network. Bob Pittman says, “These new reportable segments will enable us to strengthen the mission and tighten the focus of both the iHeart Digital Audio Group and the iHeart Multiplatform Group, while accelerating our ability to deliver industry-leading products and services to our listeners and advertising partners across all of our platforms. Creating these two business reportable segments will allow us to provide the investment community with increased visibility into the financial results of each segment – enabling them to better appreciate the strong growth and success of our digital businesses, including our industry-leading podcast business, as well as the continued strength of our broadcast radio and marquee events businesses.”
Entercom Announces New Programming Leadership Structure. This enhancement of Entercom’s programming leadership structure for its central programming team leaves Pat Paxton in his current position as chief programming officer. He says, “This enhanced leadership team will supplement our premium content offering throughout our portfolio and ensure we have the premier collection of personalities engaging deeply with our audiences nationwide. It will also allow us to best integrate the innovation of new products and content so we are continuously growing the impact and reach of our offering and super serving our 170 million listeners each month.” In this new structure EVP of programming Jeff Sottolano continues to manage Entercom’s sports, all-news, and news/talk brands. He is also being charged with growing Entercom’s content insights and analytics capabilities and overseeing its network and syndicated content development. Dave Richards joins the central programming leadership team as senior vice president of programming, rising from his SVP of programming of KISW, Seattle for the last 19 years and having developed programs like “The Men’s Room” and concepts like KISW’s annual “Live Day.” In his new role, Richards will be responsible for original content ideation, talent development, and coaching. He’ll spearhead Entercom’s efforts to support its expanding business portfolio, which includes RADIO.COM, Cadence13, and Pineapple Street Studios, through the generation of cross-platform content. Michael Martin continues to serve as SVP of programming and music initiatives and oversees Entercom’s relationships with artists, management, and record labels and lead its efforts to collaborate with the artist community on event, digital, and social opportunities. The company also announces the following members of its executive committee, who will collaborate to develop and oversee programming strategy across the company: Pat Paxton; Jeff Sottolano; Michael Martin; Dave Richards; Pam Russo, SVP and general manager, RADIO.COM; Bill Smee, VP of news; Matt Volk, VP of sports; Nikki Nite, VP of programming and brand manager, Entercom Austin; and Reggie Rouse, urban format captain, Entercom, and brand manager, Entercom Atlanta.
Round Three of January 2021 PPM Data Released. The third of four rounds of ratings information from Nielsen Audio’s PPM survey has been released for 12 markets including: Portland, Charlotte, San Antonio, Sacramento, Pittsburgh, Salt Lake City, Las Vegas, Orlando, Cincinnati, Cleveland, Kansas City, and Columbus. The January 2021 survey covered January 7 – February 3. TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this round of markets. Alpha Media’s news/talk KXL-FM, Portland jumps from the #6 rank to #3 on the strength of 1.4 share increase that helped it finish the January survey with a 6.2 share. Urban One’s news/talk WBT-AM/FM, Charlotte tacks on 1.6 shares for a 6.6 share finish and a jump from #5 to #3. iHeartMedia’s news/talk KFBK, Sacramento regains the #1 rank after adding 2.4 share to wrap the survey with a 10.2 share. In Salt Lake City, iHeartMedia’s news/talk KNRS-FM also claims the #1 rank after adding 1.9 shares to post a 7.9 share. See Mike Kinosian’s complete report for this round or markets (as well as his Takeaways from the first two rounds) here.
TALKERS News Notes. As reported by Chicago media writer Robert Feder, WGN-AM, Chicago is honoring the memory of former morning drive host Bob Collins, who would have been 79 on Sunday (2/28). Collins died in a small plane collision in 2000. On today’s Bob Sirott morning show, staffers WGN toasted Collins this morning (2/26) at 7:48 and, according to tradition, poured from the bottle of Jack Daniel’s found in Collins’s office. Also on the air with Sirott today were retired WGN morning host Spike O’Dell (who succeeded Collins) and retired agribusiness reporter Orion Samuelson.…..The nationally syndicated “Dan Bongino Show” hits the 100 affiliate station mark a year after its launch. Cumulus Media’s Westwood One says that – in addition to being heard on stations like KABC-AM, Los Angeles; KSFO-AM, San Francisco; and KSEV-AM, Houston – from the November election through February 22, the Dan Bongino Show podcast “boasted more than 51 million downloads on Apple, Spotify and other major platforms, rising 27% during that period.” Bongino says, “Growing up a fan of conservative talk radio makes this moment extra special for me. To be able to reach people across the country with a strong pro-liberty, pro-freedom message is the honor of a lifetime. Special thanks as well to the affiliates partnering with us in this venture.”…..A new sports radio imaging service called Game Plan is being offered to stations from SPLAT! and is syndicated by Sun Broadcast Group. SPLAT! says GAME PLAN is “a new kind of sports radio imaging service, designed specifically to sharpen the competitive edge of local stations, while simultaneously complementing the power of network sports brands. With GAME PLAN, a local station’s imaging sounds just as bold and powerful as their network imaging, maybe even better.”…..Entercom and Major League Baseball’s Pittsburgh Pirates announce a multiyear radio broadcast contract extension for sports talk KDKA-FM “93.7 The Fan” to continue to serve as the Pirates’ flagship radio station. Under the terms of the new deal, all Pirates weekday afternoon games will air on “93.7 The Fan” and sister news/talk KDKA-AM/W261AX.
COVID-19 Stats, Vaccines and Variants Top News/Talk Story for Week of February 22-26, 2021. The falling number of COVID-19 cases in the U.S., the rollout of vaccines and the concern about variants creating another wave of cases combined as the most-talked-about story on news/talk radio this week and landing atop the Talkers TenTM. At #2 this week was the state of the U.S. economy tied with the education crisis. Following at #3 was the confirmation hearings for Joe Biden’s nominees for attorney general, interior secretary, and White House budget office, tied with Donald Trump’s planned speech at CPAC on Sunday. 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. It is published every Friday at Talkers.com. See this week’s complete chart here.