spot revenue | TALKERS magazine - “The bible of talk media.” : TALKERS magazine – “The bible of talk media.”

Tag: "spot revenue"

Friday, August 6, 2021

| August 6, 2021

NOW POSTED: This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the 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, “Masks, Mandates and Mayhem,” looks back at this past week of August 2-6. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS magazine; Grace Curley; talk show host, WRKO, Boston / HCRNDavid Gornoski, talk show host, WHBO, Tampa; Brett Winterble, talk show host, WBT, Charlotte; Ralph Nader, political activist/talk show host, the Ralph Nader Radio Hour; Dr. Daliah Wachs, talk show host, Genesis Communications Network / physician; and Victoria Jones, executive director, DC Radio Company. 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, Denver; KFNX, Phoenix; WPG, Atlantic City, NJ; 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, DE; WCHM, Clarkesville, GA;  WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED, DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; WSAR-AM/FM, Fall River, MA; WIZM-AM/FM, La Crosse, WI; WMVA, Martinsville, VA; KQEN, Roseburg, OR; the Virginia Talk Radio NetworkCRN Digital Talk Radio Network; the iHeart Podcast NetworkPioneer 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 Second Quarter Revenue Up 76.7%. The company reports revenue for the second quarter was $862 million, up 76.7% from the same period in 2020 and down just 6% from the pre-pandemic second quarter of 2019. For Q2 of 2021, iHeartMedia reports operating income of $28.1 million compared to the operating loss of $159.1 million reported in the second quarter of 2020. For all of 2020, the company reported an operating loss of $1.88 billion. That loss has narrowed to $48.2 million for the first six months of 2021. iHeartMedia now reports its data in three segments – the Multiplatform Group that includes broadcast radio, networks, and sponsorship & events; the Digital Audio Group that includes digital content and podcasts; and the Audio and Media Services Group, including Katz Media Group and RCS.  Broadcast radio’s revenue was $451.1 million, an increase of 84.9% while networks revenue was $123.6 million, up 28.3%. As a whole, the Multiplatform Group’s revenue was $605.9 million, up 69.7%. Digital, excluding Podcast was up 100.7% on revenue of $144.5 million and Podcast revenue rose 151.5% on revenue of $53.4 million. iHeartMedia reports that its net debt is $5.4 billion.

Audacy Q2 2021 Revenue Rises 73%. Reporting financial data for the second quarter of 2021, Audacy, Inc. says net revenue was $304.5 million, up 73% compared to $175.9 million in the second quarter of 2020. Breaking down the revenue by type, Audacy reveals spot revenue was $202.8 million, up 98% compared to the second quarter of 2020. Digital revenue was $58.4 million, up 41% compared to the same period a year ago. Network revenue was $20.6 million, an increase of 21% over Q2 of 2020. Operating income for the quarter was $17.9 million compared to the operating loss of $45.5 million the company posted in the second quarter of 2020. Audacy president and CEO David J. Field states. “I am pleased to report that Audacy accelerated its recovery from the pandemic as second quarter revenues grew 73% over the prior year, led by a 98% increase in spot radio advertising and 41% growth in digital revenues. In addition, our momentum is continuing into the third quarter as we expect that revenues will increase by about 10% sequentially from the second quarter and by about 25% compared to prior year. We continue to make great strides in enhancing our business and elevating our competitive position. During the second quarter, we executed a rebranding of the company as Audacy, a name that reflects our evolution into a leading, multi-platform audio content and entertainment company with scaled audience reach and an important leadership position across the full spectrum of the dynamic and growing audio market – including broadcasting, podcasting, digital, network, events, music, news and sports. Our recent acquisitions in podcasting and sports betting, as well as numerous growth investments have significantly enhanced our ability to capitalize on broader advertising trends, augment our product line and better serve our listeners and customers. This has been an active period of development across the company as we recently launched over 350 exclusive new stations on our Audacy digital platform, unveiled our new 2400Sports podcast studio, commenced a three-year strategic partnership with American Public Media (the creators of Marketplace), expanded our BetQL network, and announced an important partnership with Major League Baseball, making us the league’s official podcast and digital audio partner. We are also pleased to note the significant acceleration in each of our digital businesses, including podcasting, digital audio, and digital marketing solutions. We are emerging from the pandemic as a meaningfully stronger and better positioned company with significantly enhanced growth potential and are excited by the opportunities ahead as we continue to drive innovation and development of new products, content, and capabilities.”

Personnel Exiting ‘NoogaRadio’ As Station Plans Programming Changes. According to a report at The Chattanoogan, a number of staffers at news/talk outlet WPLZ-HD4/W224AZ, Chattanooga “NoogaRadio” at 92.7 FM are leaving as management plans changes to the programming. The station had been billed as “Local Radio Done Right” and was created by former owner Jim Brewer. After Brewer’s death from cancer, the station is now owned by Sabatino Cuppelli. Station general sales manager Mike Lisowski tells The Chattanoogan, “It is with deep sadness I regret to inform you that as of Friday the ‘Fred the Show’ morning crew, including Jeff Styles, a beloved 29-year veteran of local talk radio, Jen Lambert, also general manager who brought 20-plus years of experience in marketing, advertising, promotions and design, Jason Kirk, also our operations manager who brought a multitude of knowledge and technical expertise, not to mention his sales ability, will be parting ways with NoogaRadio.” Lisowski adds that sports broadcaster Keon Rose is moving to Arizona to advance his career.  The statement continues: “Unfortunately, after four years, a lot of blood, sweat and tears and a whole lot of love, the station ownership has chosen to take ‘NoogaRadio’ in a direction that most of us feel we are unable to stand behind. We are so grateful and proud to have been able to entertain you for as long as we have and, as the general manager, I am able to move on with my head held high knowing that I gave it my all. We genuinely hope we can bring our relationship to an amicable end in the most professional manner leaving no burned bridges, hard feelings or severed business relationships.”

WSB Care-a-Thon Raises $1.67 for Aflac Cancer & Blood Disorders Center. Pictured above are WSB-AM/WSBB-FM, Atlanta personalities (from l-r) Eric Von Haessler, Scott Slade, and Clark Howard with the check indicating the grand total of $1,671,813 raised during the July 29 and 30 “95.5 WSB Care-a-Thon benefiting the Aflac Cancer and Blood Disorders Center of Children’s Healthcare of Atlanta.” During the 37-hour broadcast, Slade, Howard, Erick Erickson, Von Haessler, Mark Arum, Brian Kilmeade and many other 95.5 WSB hosts turned the airwaves over to the patients and families of Aflac Cancer and Blood Disorders Center to raise funds to support research, the Fellowship Program, and the family support team at the Aflac Cancer and Blood Disorders Center. Over the past 21 years, the 95.5 WSB Care-a-Thon has raised over $28 million for the cause. 95.5 WSB director of branding & programming Drew Anderssen says, “This event began as an idea from 95.5 WSB’s Scott Slade, and 21 years later we continue the partnership with the great people at Aflac Cancer and Blood Disorders Center of Children’s Healthcare of Atlanta. This event reminds us that no matter what we have going on in our own lives, there are always others dealing with challenges much more difficult than our own. The passion and heart of our team is represented by the incredible generosity of the 95.5 WSB listeners.”

TALKERS News Notes. Albuquerque sports talk KNML-AM/K240BL “95.9 FM and AM 610, The Sports Animal” announces it is partnering with the NFL’s Las Vegas Raiders and Denver Broncos to bring all Raiders games and non-conflicting Broncos games to Albuquerque sports fans for the 2021-2022 season. The Cumulus Media station is also airing its current powerful slate of Westwood One Primetime NFL programming. Cumulus Albuquerque operations manager Jared Hart comments, “Our partnership with The Raiders and Broncos is vital to Albuquerque as it helps bring NFL football coverage to the extensive Raider and Bronco fan base in our passionate sports state. We couldn’t be more excited to have the inaugural season of Las Vegas’ first NFL team, and the love of the Broncos in Albuquerque is palpable. We think this will energize the NFL programming on The Sports Animal better than almost any other NFL team could.”…..iHeartMedia and Salesforce.org are launching a special six-episode iHeartRadio Original podcast series hosted by Emmy-nominated and NYT Bestselling author, Baratunde Thurston, called “Force Multiplier,” that examines the exponential impact businesses and organizations can have on the world by working together. “Force Multiplier” was created to bring leaders from public, private and nonprofit sectors together to discuss how they’re tackling some of the world’s toughest challenges, such as nutrition insecurity, health equity, workforce development, racial injustice, mental health & wellbeing and homelessness…..ABC News says its hit podcast “The Dropout” returns with new episodes as Elizabeth Holmes – once the youngest self-made female billionaire – goes on trial for alleged fraud, facing decades in prison, if convicted. “The Dropout: Elizabeth Holmes on Trial” is hosted by ABC News chief business, technology & economics correspondent Rebecca Jarvis, who’s spent more than a decade covering business and five years investigating Holmes. The Stanford University dropout turned founder and CEO of the blood-testing company Theranos suffered an astounding fall from grace amid the accusations of alleged widespread fraud. “The Dropout: Elizabeth Holmes on Trial” debuts with two new episodes on Tuesday, August 31, to coincide with jury selection…..Boston NPR member station WBUR announces the next call for submissions for the WBUR Newsroom Fellowship. This Fellowship is a yearlong program for recent graduates or early-career journalists who are looking to build reporting and production skills and have a demonstrated commitment to advancing issues of underrepresented voices in public radio. For the first time, WBUR will select two Fellows for the program who will each receive a salary of $55,000 in addition to a complete Boston University benefits package. The Fellowship provides hands-on training in every aspect of public media journalism. Fellows will develop their skills under the guidance of WBUR’s editors and producers and will contribute to each part of the newsroom, rotating every three months, maximizing exposure to the many aspects of public media, including newscast, live broadcast, digital and reporting. See more about this Fellowship and apply here…..Audacy announces former NFL All-Pro T.J. Lang is joining sports talk WXYT-FM, Detroit “97.1 The Ticket” and the Detroit Lions Radio Network, effective August 6. Lang will join Dan Miller and Lomas Brown as the sideline reporter. Lang will also be in studio on the station each week throughout the professional football season, joining “The Morning Show with Stoney and Jansen” and “The Mike Valenti Show with Rico” on Monday and Fridays.

COVID-19 Delta Variant, Vaccine Hesitancy, Masks and Mandates Combine as Top News/Talk Story for Week of August 2-6. The fast-rising number of COVID-19 Delta variant cases in the U.S., vaccine hesitancy in numerous parts of the country, and the controversy of mask policies and mandates combined as the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was the New York Attorney General’s report on the allegations of sexual impropriety against Governor Andrew Cuomo and the push for him to resign. Following at #3 was the investigation into the Capitol attack by the January 6 Committee, the voting legislation taking place in various states, and race relations. 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.

Friday, May 7, 2021

| May 7, 2021

NOW POSTED: This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the 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, “The Knock on the Door,” looks back at this past week of May 3-7.   The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS magazine; Joe “Pags” Pagliarulo, talk show host, Compass Media NetworksSteve Weisman, professor of law, Bentley University, Boston / founder, scamicide.com; Dr. Daliah Wachs, talk show host, Genesis Communications NetworkTodd Starnes, talk show host / owner, KWAM, Memphis; Victoria Jones, executive director, DC Radio Company; and Brian Koonin, Broadway musician / member, Gunhill Road. 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, 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, DE; WCHM, Clarkesville, GA;  WPHM, Port Huron, MI; KSYL, Alexandria, LA; KTOE, Mankato, MN; WCED, DuBois, PA; K-NEWS 101.3, Owensboro, KY; WWTK, Sebring, FL; WSAR-AM/FM, Fall River, MA; WIZM-AM/FM, La Crosse, WI; WMVA, Martinsville, VA; the Virginia Talk Radio NetworkCRN Digital Talk Radio Network; the iHeart Podcast NetworkPioneer 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.

iHeartMedia First Quarter 2021 Net Revenue Down 9.5%. The company reports net revenue for the first quarter of 2021 of $707 million, a dip of 9.5% compare to the $781 million reported in the first quarter of 2020. iHeartMedia also reports an operating loss of $76 million compared to 2020’s operating loss of $1.7 billion. The company reports financial data by segment and the positive aspects of the report are its digital and podcast segments which reported revenue of $119 million (up 55%) and $38.4 million (up 141.9%), respectively. Broadcast radio’s revenue was $358.5 million (down 22.3%); networks revenue was $115 million (down 14.5%); and sponsorship and events revenue was $22.4 million (down 23.7%). iHeartMedia chairman and CEO Bob Pittman states, “The first quarter outperformed our expectations on all financial metrics as the company continues its steady recovery from the COVID-19 downturn, which is not just a continuation of the positive trends we’ve seen across the business – we believe it’s a validation of our long-term multiplatform product and revenue strategy and the investments we have made in growth areas like podcasting, ad tech, and the continued expansion of broadcast radio on digital devices. As a company we continue to prioritize identifying new opportunities across the audio, advertising, and data analytics sectors to expand our Total Addressable Market from just the $15 billion of Radio TAM to include the $160 billion of Digital TAM, providing us with new revenue opportunities for meaningful and sustainable growth for all our operating segments.” Company president, COO and CFO Rich Bressler adds, “Our ability to adapt and innovate, as well as our strategic allocation of capital, during the COVID-19 pandemic have set the stage for strong growth in 2021. Our cost management, investments in key areas of growth, and focus on our core-competencies helped us to achieve Adjusted EBITDA of $102 million in the first quarter, and we remain confident that we will be back to 2019 Adjusted EBITDA levels by the end of 2021.”

Audacy Net Revenue for First Quarter of 2021 Declines 19%. Reporting its first quarterly financial report after rebranding from Entercom to Audacy, the company says net revenue for Q1 of 2021 was $240.8 million, a decrease of 19% over the same period in 2020. Audacy also reports a net loss of $21.6 million compared to the Q1 2020 net loss of $9.1 million. Breaking the company down by segments: local and national spot revenue was $154.3 million (down 27.5%); digital – including podcasting – revenue was $49.9 million (up 15.9%); and network revenue was $17.6 million (down 19.1%). Audacy president and CEO David Field says, “The year has gotten off to an active start as we successfully completed the rebranding of the company to Audacy, reflecting our transformational progress into a leading, multi-platform audio content and entertainment company with scaled audience reach and a leadership position in virtually every key segment of the dynamic and growing audio market. We are in the midst of a strong, albeit uneven, advertising recovery reflecting the nature of our business mix. First quarter digital revenues grew 17% and national revenues rebounded to prior year levels, but local ad revenues remained behind as many of our customers continue to be impacted by the pandemic. Because the local radio advertiser base is weighted toward later-stage recovery categories including restaurants, concerts and entertainment, movies, travel, and theme parks, we anticipate a strong recovery of local advertising across these businesses during the third and fourth quarters. Our second quarter pacings are up more than 60% over 2020 reflecting massive improvements across all segments of our business from the depressed levels of the prior year. In another strong sign of recovery, our average local customer spending levels are now exceeding their average 2019 spending levels. Total local ad spending is down because of a decline in the number of customers with a significant majority of those inactive accounts concentrated in later-stage recovery business categories. During the quarter, we announced and completed the acquisition of Podcorn, the country’s #1 podcast influencer marketplace hosting over 44,000 podcast creators, substantially bolstering our customer product offerings. We also announced a multi-year agreement with BetMGM making them a preferred sports betting partner of the company. We are emerging from the pandemic as a meaningfully stronger and better positioned company with significantly enhanced growth potential and are excited by the opportunities ahead as we continue to drive innovation and development of new products, content, and capabilities.”

Salem Media Group Reports Q1 Revenue Growth of 1.9%. Reporting its financial data for the first quarter of 2021, Salem Media Group, delivers positive numbers as total revenue for the company was $59.4 million, an increase of 1.9% over the same period in 2020. The company reports that total operating expenses decreased 27.9% to $55 million from $76.3 million and operating expenses – excluding gains or losses on the disposition of assets, stock- based compensation expense, changes in the estimated fair value of contingent earn-out consideration, impairments, depreciation expense and amortization expense – decreased 6.2% to $51.4 million from $54.8 million. Salem also reveals operating income of $4.4 million compared to the operating loss of $18 million it posted in the first quarter of 2020. Salem Media Group reports its business segments and says net broadcast revenue was $44 million, a decline of 2.5% compared to the first quarter of 2020; same station net broadcast revenue was $43.9 million, a dip of 1.9%; digital media revenue was $9.6 million, an increase of 5.7%; digital media operating income rose 21.6% to $0.9 million from $0.8 million; and publishing revenue increased 43.4% to $5.7 million from $4.0 million.

‘1010XL’ in Jacksonville Celebrates Alumni Week. Jacksonville sports talk WJXL-AM/FM “1010XL” is taking a look in the rearview mirror next week as it celebrates Alumni Week beginning on Monday (5/10). The Seven Bridges Radio LLC-owned station is bringing back popular hosts of the past, is “re-pairing” hosts who formerly worked together and is taking a journey back through the memories of the station’s first 15 years. Frank Frangie, the station’s afternoon drive host, and Rick Ballou will reunite in afternoon drive for the entire week. The duo handled afternoon drive together for more than seven years beginning in 2009. They also will be joined periodically throughout the week by Jessica Blaylock, a mainstay on the show during much of the time Frangie and Ballou were together. Mike Dempsey, the host of “Jaguars Today,” will be reunited for the entire week with his former co-host, former Jags’ linebacker Tom McManus. Guest during the week include Jeff Lageman, David Garrard, Jason Godbee and Ryan O’halloran. “Helmets and Heels,” the station’s weekly show featuring all-female hosts, will air every night during the week from 6:00 pm to 8:00 pm. Current hosts Lauren Brooks and Donna Murphy, who have been on the show since its inception, will be joined by show regular Taylor Doll as well as former cast members Jessica Blaylock, Blythe Brumleve, Amanda Borges and others. “The Drill,” the station’s morning show, will have interview segments with former co-hosts Jordan DeArmon, Mackenzie Thirkill, as well as Tony Boselli and some surprise guests. Hays Carlyon, currently an afternoon drive co-host, will sit in on “XL Prime Time” with Joe Cowart, Matt Hayes, and Leon Searcy. “XL Prime Time” guests include Chad Scott, Terry Norvelle, Scott Manze and more. While Frangie and Ballou will have segments with Joe Block, Pat Dooley, Amanda Borges, former program director Jason Dixon, and others.

RTDNA Presents Regional Edward R. Murrow Awards. The RTDNA announces the regional winners of the 2021 Edward R. Murrow Awards and bestows more than 750 awards in recognizing more than 350 local radio and television stations. RTDNA chair Andrea Stahlman says, “The regional RTDNA Edward R. Murrow Award recipients we announce today produced extraordinary journalism that brought clarity and context to 2020’s biggest news stories. The winning work demonstrates dedication, determination, and a commitment to the highest ethical standards enshrined in RTDNA’s Code of Ethics.” In a new category for 2021, more than 40 news outlets earned regional Murrow Awards for Excellence in Diversity, Equity, and Inclusion, including examples of bilingual reporting, contextual coverage of inequality and discrimination, and newsroom-convened community discussions. RTDNA executive director and COO Dan Shelley comments, “Local journalists across the country guided Americans through a pandemic, ongoing racial reckoning and a fraught election cycle, despite facing unprecedented operational challenges and an astonishing number of physical attacks during 2020. The persistence of the regional Murrow Award winners we recognize today is a testament to these journalists’ commitment to their First Amendment duty.” See the complete list of winners here.

Edison Research Releases ‘Moms and Media 2021’ Study Results. The results of Edison Research’s “Moms and Media 2021” study have been released and the company says some of the highlights include that 46% of U.S. moms own a smart speaker, up from 33% last year. Sixty-three percent of U.S. moms now use voice-operated personal assistants of any kind, including smart speakers, smart phones, tablets, computers, and other devices. Of those moms who own a smart speaker, they own an average of 2.7 of the devices. Edison Research vice president Melissa DeCesare says, “The past year during COVID has been about adjustment, especially for moms. The pandemic uprooted everything we knew and were familiar with and it forced a new at-home lifestyle for the entire family. Moms are tasked with keeping it all on track and they do it with help from modern technology. Our 2021 report shows that moms have not only maintained their commitment to devices and mobile tendencies, but they’ve actually adjusted their habits to better suit their needs during the pandemic.” Other noteworthy data include: More moms are consuming online audio with 82% of U.S. moms being monthly online audio listeners compared with 76% in 2020, and 76% of U.S. moms being weekly online audio listeners compared with 70% in 2020; and more moms are listening to podcasts with 64% of U.S. moms having ever listened to a podcast (up from 57% in 2020) – 40% having listened in the last month and 28% having listened in the last week. See more about the study here.

TALKERS News Notes. After nearly three years of hosting and producing “Bagels and Broadway with Valerie Smaldone” on WNYM, New York “AM 970 The Answer,” Smaldone says she’s ending the radio edition of the food and theatre-themed program but will continue the show as a podcast this fall when Broadway reopens. Smaldone recently began a new position as executive vice president and producer at multiplatform content company Audio Drama Initiative…..PodcastOne announces a multi-year first look deal with Picture Perfect Federation, the joint venture between Picture Perfect Entertainment and Federation Entertainment led by Patrick Wachsberger, for the development of scripted serial podcast content. Under the development deal, Wachsberger and his team will introduce scripted content across multiple genres with an eye to package the resulting audio IP for television, film, and streaming platforms. PodcastOne president Kit Gray says, “Patrick and his team are true professionals with unparalleled success in the movie, television and scripted world. The partnership with PodcastOne will complement their expertise with over 10 years of experience in the audio space developing weekly interview styles and successful scripted programming. Together, we are going to supercharge our story telling and fan development capabilities to create a slate of programs that will be exciting for audiences, advertisers and production houses looking to be involved with our amazing IP.”…..Advertising mogul and veteran TV personality, Donny Deutsch is teaming up with Kast Media to launch his first-ever podcast titled, “On Brand with Donny Deutsch,” on May 13. Deutsch has hosted television shows such as CNBC’s long running series, “The Big Idea with Donny Deutsch” and MSNBC’s “Saturday Night Politics.”…..Alpha Media Canton announces that news/talk WHBC-AM is the new home of “Tangled Up In Blues with Cornel Bogdan.” Bogdan’s show first aired in September 2000 in Youngstown. He says, “When I started ‘Tangled Up In Blues’ over 20 years ago, I had no idea it would be so greatly accepted. It’s very humbling. My listeners are passionate about this music like no other. WHBC is a cornerstone in Canton. I wanted to be part of that heritage. ‘Tangled Up In Blues’ on WHBC is really good mojo!”…..“The Motley Fool” radio show host Chris Hill is the narrator of the audio book edition of Morgan Housel’s The Psychology of Money (2021 Harriman House) that is enjoying having just hit the milestone of 100,000 audiobook sales.

COVID-19 Top News/Talk Story for Week of May 3-7. The COVID-19-related issues including vaccines, variants, politics, the soaring death toll in India, and statistics combined as the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was Facebook’s Oversight Board keeping Donald Trump’s page suspended and the broader issue of censorship, followed by party politics and Liz Cheney’s battle for her status in the GOP at #3. 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.

Wednesday, February 24, 2021

| February 24, 2021

Entercom Q4 Revenue Down 25.7%; Full Year 2020 Declines 33.6%. The third major radio company to present 2020 fourth quarter and full year financial data is Entercom (Beasley and Cumulus have already posted their financial results and iHeartMedia is scheduled to do the same tomorrow). The company reveals 2020 Q4 net revenue was $319.5 million, down 25.7% from the same period in 2019, and 2020 full-year net revenue was $1.06 billion, a decline of 33.6% from 2019. Entercom notes that since the depths of the pandemic revenue dip in the second quarter of 2020, business is trending up. Its 2020 Q4 revenue was up 19% from Q3. Entercom president and CEO David Field says, “I am pleased to report that Entercom continued to drive strong sequential operating improvement with revenues up 19% and EBITDA more than doubling vs. the third quarter. Digital, podcasting, sports betting and network radio all posted strong double-digit growth over prior year and we are continuing to drive innovation across these businesses to enhance future growth potential. While the pandemic continues to hobble a large number of our advertisers, particularly locally, we are optimistic about a strong recovery in our local ad sales later this year driven by vaccinations, fiscal stimulus and pent-up consumer demand in heavily impacted categories.” Entercom breaks down its revenue by segments and some of the noteworthy data in this report includes that spot (local and national) revenue was down 27.7% from Q4 2019 to Q4 2020; year-over-year spot revenue was down 42.9%. On the positive side, digital revenue (including podcasting) rose 20.5% from Q4 2019 to Q4 2020 and was up 26% year-over-year. Looking at radio revenue by format, while Entercom’s music formats took the biggest hit in 2020 – revenue was down 44% — sports talk revenue declined by 39.3% and news/talk was off by 21.7% during the year.

Round One of Nielsen Audio’s January 2021 PPM Data Released. The first of four rounds of PPM ratings data from Nielsen Audio’s January 2021 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 January 2021 survey covered January 7 – February 3. TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this round. In New York, Entercom’s all-news stations both saw their weekly, 6+ AQH shares increase – WINS added four-tenths to finish with a 4.0 share and the #8 rank and WCBS-AM added two-tenths for a 2.9 share and the #12 rank. iHeartMedia’s news/talk KFI, Los Angeles tacked on three-tenths for a 5.0 share and remains ranked #3. In Chicago, Entercom’s all-news WBBM-AM/WCFS-FM added half a share to re-claim the #1 rank with a 7.3 share. Across town, Nexstar Media’s news/talk WGN-AM added four-tenths for a 4.1 share and the #7 rank. See Mike Kinosian’s complete report here

Talk Programmer Bob Shomper to Retire in April. Longtime news/talk programmer Bob Shomper announces he’ll retire from the radio business on April 2. Shomper is currently program director at NRG Media’s KLIN, Lincoln, Nebraska. During his career he’s served at some of America’s great news/talk stations, including: WCCO-AM, Minneapolis; KTAR-FM, Phoenix; WLS-AM, Chicago; WGN-AM, Chicago; WBAP-AM, Fort Worth/Dallas; and more. Shomper tells TALKERS magazine that his decision to retire is entirely his own and he’s grateful to be doing so on his own terms.

Robbie Stevens Posts Powerful Commentary to TalkersRadio About Honoring Truth in Media Discussions About Politics.  Noted record producer Robbie Stevens, one of TalkersRadio’s roster of “out-of-the-box” talk talents has posted a powerful new commentary yesterday (2/23) titled, “My Mistake(s),” that takes a candid look at a problem radio talk show hosts wrestle with all the time – staying true to core principles, maintaining a healthy sense of skepticism, and being honest about mistakes when making them. Stevens, who was the first talent signed for TalkersRadio – a service of TALKERS magazine – when it launched in the fall of 2013, has agreed to perform as a commentator on the platform for a “limited engagement” that will run through June of 2021. The Bronx-based New York City native is well-known in the music industry for his years of innovative studio work with a wide variety of high-profile artists, most recently on behalf of the estate and fans of the late John Lennon, for which he has achieved critical acclaim for his “raw” remix of the legendary artist’s Imagine album. He also most recently executive produced 13 Billboard #1 Dance Chart singles in a row, for Yoko Ono’s innovative ensemble Ono. He also recently produced (with Yoko Ono) the “John Lennon Anthology,” a four-CD set of unreleased material that was Rolling Stone magazine’s boxed set of the year. During his colorful career, he’s played on, mixed, or produced records by Herbie Hancock, Red Hot Chili Peppers, and other high-profile musicians going back decades. During this time, Stevens has developed an alternative career as a talk radio host and commentator heard occasionally via on-air and online outlets provided by heritage NYC stations WOR and WNYM (in addition to TalkersRadio). Commenting on Stevens’ latest posting, TALKERS general manager of broadcast operations (and former WOR PD) David Bernstein says, “Robbie is raw, fresh, and as real as the urban streets that gave rise to his gritty philosophy and we always get strong response to his work on our exciting platform. This new installment of his show is a grand slam home run because it strikes at the very core of our deepest personal conflicts in arriving at and sticking with our truths as talk radio hosts operating in a swirling ocean of changing information.” To listen to Robbie Stevens’ new series of commentaries on TalkersRadio, please click here. TalkersRadio is an “experimental” talk radio platform launched in 2013 to provide the industry with a “workout space” and “showcase for new talk programming concepts.” Since its launch it has been a temporary home to a number of spoken-word talents – both high-profile and obscure – who’ve used it to work and showcase concepts that have gone on to achieve terrestrial radio exposure and even national syndication. In addition to Stevens, current TalkersRadio hosts include Claire CarterMeg McDonald, and UK sensation, Graham Mack. At the time of his passing, Alan Colmes was working on a series concept called “Healed Planet” heard on TalkersRadio which offered a glimpse into the late FOX News Radio and FOX News Channel star’s metaphysical interests. Files of that fledgling show remain archived on TalkersRadio as a tribute to Colmes. For more information about TalkersRadio, call Barbara Kurland at 413-565-5413.

Cool Operations Manager Opportunity. Locally owned southern-based radio group seeking a full-time Operations Manager with strong technical and digital skills. The ideal candidate MUST have experience operating OP-X and managing satellite operations for syndicated programs. Applicant must have at least 5 years of experience. Proven experience in managing social media branding, digital marketing, and video production. Proficient in digital automation systems, digital audio editing and production is a must. EEO. Send resumes to dalton@starnesmediagroup.com

TALKERS News Notes. A new channel from Newsmax TV officially launches on VIZIO SmartCast, the award-winning Smart TV platform available to millions of viewers. Newsmax Media CEO Christopher Ruddy states, “Launching on VIZIO SmartCast allows our viewers to simply plug in their new televisions and play Newsmax TV. Newsmax is experiencing exponential growth and provides a much-needed perspective on the issues that many VIZIO viewers care about.”…..A new partnership between iHeartMedia and independent UK podcast company Novel will result in the debut of 11 original podcast series over the next three years. The relationship begins with the release of two podcast series, “The Assault on America” and “Deliver Us From Ervil.” “The Assault on America” tells the inside story of the insurrection at the Capitol by working with open-source investigative journalists Bellingcat. “Deliver Us From Ervil” is an investigative true-crime series in which a groundbreaking team of journalists enters a lawless town on the border of Mexico run by a secretive religious sect living in exile and outside the jurisdiction of the U.S. government since 1924…..Content creation company Mean Ole Lion Media adds three new lifestyle-based podcasts to its portfolio. The podcasts are: “Conversations with Dr. Ian Smith,” all about people and discovering their back-story; “Business First with Sonia Alleyne,” that shines a light on brilliant and successful business people in a variety of industries; and “The History of Being Black” with host Eunice Elliott.

COVID-19 Stats & Vaccines, Capitol Riot Public Testimony, Biden Cabinet Nominees, Biden Migrant Policy, Trump Tax Returns, Rochester Protests, Russian Sanctions, China’s Hong Kong Loyalty Oath, and Tiger Woods Car Crash Among Top News/Talk Stories Yesterday (2/23). The falling number of COVID-19 cases in the U.S., the concerns about variants, and the rollout of vaccines; the testimony before the U.S. Senate about the January 6 Capitol insurrection; the confirmation hearings for Joe Biden’s Attorney General nominee Merrick Garland, embattled White House budget office nominee Neera Tanden, and Interior Secretary nominee Deb Haaland; the Biden administration’s continued use of Trump policy turning away migrants at the Mexican border; the SCOTUS’ ruling Donald Trump must turn his tax data over to New York AG Cyrus Vance Jr.; the protests in Rochester, New York over the decision not to prosecute police in the death of Daniel Prude; the Biden Administration’s sanctions on Russia for the SolarWinds hack and the Navalny poisoning; China’s instituting loyalty oaths for Hong Kong politicians; and Tiger Woods is hurt in one-car accident in California were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Tuesday, May 12, 2020

| May 12, 2020

Cumulus Media Reports Net Revenue Decrease of 14.8% in Q1. Reporting financial data for the first quarter of 2020, Cumulus Media’s net revenue was $227.9 million, a decrease of 14.8% compared to Q1 of 2019. After reporting a profit of $451,000 in 2019, Cumulus ends Q1 2020 with a net loss of $7.4 million. Adjusted EBITDA was $27.7 million, a decrease of 33.7% from the first quarter of last year. On a same station basis, net revenue was $226.5 million, a decrease of 11.2%. On the positive side, digital revenue was up 30% to $21.8 million. But spot revenue was down 12.6% and network revenue was down 22.9%. Cumulus president and CEO Mary Berner states, “Regardless of the challenge, the Cumulus team has focused acutely on what matters most, moved decisively where it will make a difference, and executed every effort efficiently and with an eye toward creating value. Our reaction to this unprecedented COVID-19 crisis has been no different. We entered March with strong financial performance, a favorable capital structure and significant liquidity, and we’ve taken swift actions that we believe will help us weather the adverse impacts of the pandemic. Over the past few years, we have made meaningful shifts, both culturally and strategically, expanding from our on-air radio foundation to become a multi-platform audio-first media company, delivering premium content to over a quarter billion listeners each month whenever and however they want it. With our robust portfolio of broadcast, digital, mobile and voice-activated media solutions and integrated digital marketing services, we are very well-positioned to provide advertisers with the personal connections, local impact and massive national reach that will help them quickly reconnect with their customers as the crisis wanes.”

Michael Harrison Says the White House Is Now Obsolete.  TALKERS founder Michael Harrison says it is “insane” that no one is questioning the wisdom of continuing to use the White House as the office center for the administration’s upper management while they bemoan the fact that the architecture is dangerously out of step with the perils of COVID-19 transmission.  Harrison floated the concept on the latest installment of his podcast while musing with WHP afternoon drive host Ken Matthews about administration officials and employees suddenly testing positive for the virus. According to Harrison, “One of the many things that the coronavirus is exposing as being out of synch with the new reality is the quaint notion that the West Wing is a viable venue in which administration brass should operate.”  Harrison continues, “Okay, so we learn that the offices in which West Wing workers are squeezed are remarkably tiny and cramped.  So, what should we do?   Get them out of there as quickly as possible!  Surely the government has enough resources to find a modern office building in which the West Wing can be relocated so the administration upper management can stretch out in a workable facility. Perhaps the Executive Office Building can be a temporary space… I’m not sure.  But I do know they should also move the steerage-level White House press quarters into a more modern and healthier environment.  This should be done immediately.  Let the White House be a residence and a museum.  As far as I can tell, the West Wing is obsolete.”

Round One of April PPM Ratings Released. The first of four rounds of ratings data from Nielsen Audio’s April 2020 PPM survey have been released for 12 markets including: New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Long Island (Nassau-Suffolk), Riverside-San Bernardino-Ontario, San Jose, and Middlesex-Somerset-Union (New Jersey). Nielsen Audio’s April 2020 survey period covered March 26 – April 22. You can see all the 6+ numbers from subscribing stations here. The COVID-19 pandemic continues to bring listeners to all-news and news/talk formatted stations. In New York, iHeartMedia’s WOR adds 1.1 shares to wrap the April survey with a 3.0 share. Entercom’s all-news WINS tacks on another full share to finish with a 5.7 share and the #3 rank in the market. iHeartMedia’s KFI, Los Angeles rises 1.3 shares for a 5.5 share and the #1 rank (its first #1 since March of 2011). Nexstar Media Group’s WGN-AM, Chicago adds another 1.1 share to finish April with a 5.6 share and the #3 rank, while Entercom’s all-news WBBM-AM/WCFS-FM adds seven-tenths for an 8.4 share and its third straight #1 finish. Entercom’s KCBS-AM, San Francisco stays steady with a 9.9 share to remain at #1. Cox Media Group’s WSB-AM/WSBB-FM, Atlanta tacks on another full share for a 13.9 share and its 10th straight #1 finish. TALKERS magazine managing editor Mike Kinosian has much more ratings analysis for you. Read his Ratings Takeaways here.

Brian Kilmeade to Celebrate Paperback Edition Publication Via KRMG, Tulsa. Nationally syndicated radio personality and FOX News Channel “Fox & Friends” morning host Brian Kilmeade is launching the paperback edition of his book Sam Houston and the Alamo Avengers via a virtual release party today with affiliate station KRMG, Tulsa and local seller Magic City Books. Dan Potter is the morning host at the Cox Media Group station, and he’ll facilitate the virtual event and allow participants to ask Kilmeade questions. Participants will have access to an online room and will receive a paperback version of Sam Houston and the Alamo Avengers as part of their registration fee. Kilmeade’s radio show is syndicated by FOX News Radio and KRMG director of programming and branding Levi May states, “Brian is one of our most popular syndicated hosts and we are always so honored when he chooses KRMG to partner with him when he comes to Oklahoma.” Kilmeade came to Tulsa in November 2019 and broadcast his national show from the KRMG Performance Center when the hardcover book was originally released.

David Wood Promoted to VP of Programming for Emmis Indy. Programming pro David Wood rises from director of programming at Emmis Communications Indianapolis to vice president of programming. The 10-year Emmis veteran works with the program directors of Emmis-Indianapolis’ sports talk WFNI-AM “The Fan,” adult contemporary WYXB-FM “B105.7,” WLHK-FM “Hank FM,” and he’ll continue to serve as the head programmer for news/talk WIBC-FM and Network Indiana. Emmis Indianapolis SVP Bob Richards states, “David’s experience building legendary brands and coaching world-class talent is second to none. This promotion is well deserved recognition for the amazing work he has been doing leading our programming teams for the past 10-plus years.”

Statistics and Projections, States Begin Re-Opening, COVID-19 at the White House, Michael Flynn Case, Presidential Election/Biden Allegation, and Sports Leagues Plan Re-Opening Among Top News/Talk Stories Yesterday (5/11). The number of confirmed COVID-19 cases in the U.S., the number of deaths, and projections about future infections; the re-opening begins in numerous states across the country; the presence of confirmed cases among White House staffers; the DOJ drops the Michael Flynn case and allegations of the Obama administration’s role in implicating Flynn; the November presidential election and the allegation of sexual assault against Joe Biden; and MLB’s and the NFL’s plans to play games this year were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

TALKERS News Notes. This past weekend, Premiere Networks-syndicated personalities George Noory, host of “Coast to Coast AM” and sports talk host Colin Cowherd, host of “The Herd with Colin Cowherd,” appeared together on Cowherd’s Saturday podcast in which he often talks about issues outside the realm of sports. Noory chatted with Cowherd about the mysterious Navy pilot videos recently declassified by the Pentagon, the conspiracy theories around the origins of COVID-19, the unsolved case of the 1971 D.B. Cooper airplane hijacking, and more.  The two also traded stories about their personal experiences with UFOs…..Cumulus Media’s Dallas sports talker KTCK-AM/FM “Sportsradio 96.7 & 1310 The Ticket” adds several FOX Sports Radio programs to its weeknight and weekend roster. “The Jason Smith Show with Mike Harmon” and “The Ben Maller Show” are being added to the weekend program schedule along with various other FSR weekend programs…..ADX Communications’ news/talk WNRP-AM/W222BR “News Radio 92.3” is honored with five First Place awards from the Florida Association of Broadcast Journalists for coverage of the December 6 shooting at NAS Pensacola. The station won Best Radio Newscast (anchored by Mark Jacobs); Breaking News; Continuing Coverage; Team Coverage; and News Anchor/Anchor Team led by Andrew McKay…..Hubbard Radio’s WTOP-FM, Washington, DC was honored with six Regional Edward R. Murrow Awards today by the Radio Television Digital News Association. The station was recognized in the Overall Excellence category for the 9th time in the past 11 years for its coverage of the D.C. region on WTOP and WTOP.com. WTOP also received recognition in the Best Newscast category for coverage of the July 2019 severe floods in the DC region. Individual WTOP reporters were honored as follows: Feature Report: Mike Murillo – “Answering the Call”; Hard News Report: Megan Cloherty & Dave Dildine – “Rock Creek Rescue”; Podcast: Megan Cloherty & Jack Moore – “22 Hours: An American Nightmare”; and Excellence in Social Media: Tiffany Arnold and WTOP Staff…..Rhode Island talk radio host John DePetro wrote lyrics to a parody of Leonard Cohen’s “Hallelujah” about life in the time of coronavirus in the Ocean State. It was performed by local artists Nick Gosselin and Cat Carrick in a video produced by DePetro that you can see here…..Due to the uncertain economic environment as a result of the coronavirus pandemic, Salem Media Group announces it is temporarily suspending the regular quarterly cash dividend on its common stock. The company will re-assess the dividend suspension throughout the year, in light of facts and circumstances at that time, whether and when to reinstate the dividend.

Music Radio News and Career Moves. On-air pro Colleen Carew is the new morning drive host at Shamrock Communications’ classic rock WZBA “100.7 The Bay,” taking over for Stash, a.k.a., Steve Ash, who recently exited. Carew was most recently PD at triple A WOCM, Ocean City, Maryland “Ocean 98.”…..Condolences to the family and friends of San Diego radio personality Steve West who passed away recently at age 68 after a long battle with cancer. Prior to his passing, he’d been handling weekend duties at Entercom’s alternative KBZT, San Diego “ALT 94.9.”…..In celebration of National Nurses Week, Brooke Fox (pictured below, at right), of Hubbard Radio’s CHR KQMV, Seattle “MOViN 92.5” and Famous Dave’s BBQ delivered food and beverages to the nursing and medical staff at Harborview Medical Center yesterday (5/11). Brooke, co-host of the syndicated “Brooke & Jeffery” show, says, “Thank you to all of the amazing nurses, doctors and medical staff. We are so proud of every member of our medical community who have gone above and beyond to keep our community safe during this time.”