Tag: "strategic initiatives"
Audacy Extends Contract with CFO Richard Schmaeling. The company and chief financial officer Richard Schmaeling sign a new contract set to begin on May 1 that keeps Schmaeling in his CFO role and adds the position of executive vice president, strategic initiatives to his duties. The new contract runs through April 30 of 2025 and pays Schmaeling an annual base salary of $800,000 that will be increased by not less than three percent annually beginning in May of 2022. Other aspects of the contract include: a target annual cash performance bonus at 90% of his annual base salary, to be earned based on Audacy’s performance; a grant of 60,000 restricted stock units as soon as practicable following May 1, 2021 which will vest 50% on May 1, 2023; 25% on May 1, 2024; and 25% on May 1, 2025; and restricted stock unit grants of 50,000 in 2021; 40,000 in 2022; 30,000 in 2023; and 20,000 in 2024, with vesting 50% on the second anniversary of the grant date and 25% on each of the third and fourth anniversaries of the grant date.
Galaxy Media Promotes Maine to Chief Revenue Officer; Greenlar to Chief Content Officer. Two Galaxy Media managers are rising to new positions within the company. Nick Maine is promoted to chief revenue officer from his current director of sports marketing position. In this new role, Maine will oversee the sales operations for both the Syracuse and Utica markets. Galaxy Media president and CEO Ed Levine says, “Nick Maine is a force of nature. It’s rare to have somebody that has been so engaged, so excited, and so competent all in one package. I can’t wait to see where he takes our sales effort over the next many years.” At the same time, Marissa Greenlar – brand manager for rock WKRL “KROCK” – is promoted to chief content officer for the company. She’ll continue in her role as brand manager for “KROCK” and will oversee all of the Galaxy brands and digital content. Levine comments, “Marissa’s contribution to Galaxy has been extraordinary. From starting as a sales assistant to working with the events team, to overseeing much of our social media and then assuming day-to-day programming responsibilities for ‘KROCK,’ she has impacted every aspect of Galaxy over the past 12 years. This newly created position is a reflection of the respect she has from her peers and an acknowledgement of her massive contributions to Galaxy.”
Cumulus Launches ‘104.5 The Zone TV’ in Nashville. The new “104.6 The Zone TV” will be more than just cameras in the WGFX-FM, Nashville studios for its daily radio programs. The Cumulus Media sports talk station says original sports programming on “104.5 The Zone Podcast Network,” original shows, and instant reaction specials every evening – including “The Ultimate Tennessee Podcast” – will be available on Facebook, Twitter, YouTube, and Twitch. The station also says that after a big game or a huge event in Nashville, hosts will be live on “104.5 The Zone TV” to instantly react with fans from their home studios. WGFX-FM program director Paul Mason says, “‘104.5 The Zone TV’ is going to offer our fans a whole new experience when consuming ‘104.5 The Zone.’ Our listeners will now have the option to watch and interact with their favorite ‘104.5 The Zone’ personalities as they video stream their shows live on a variety of different social media platforms. With our recent partnership with A to Z Sports, the launch of ‘104.5 The Zone TV,’ and with more to come, ‘104.5 The Zone’ is continuing our reputation as the gold standard for sports content.” Will Boling is digital content producer for the station, and he says, “‘104.5 The Zone TV’ gives the listener a behind-the-scenes and in-depth look at the faces and voices behind the microphone from 6:00 am to 6:00 pm. It also provides sports fans with a chance to skip the call-in line and instantly react to the biggest headlines with our hosts in the chat. Whether it’s watching the shows on our daily lineup during the week, reacting to digital exclusives in the evenings, or pregame/postgame shows centered around the biggest events in Nashville sports, ‘104.5 The Zone TV’ will expand Zone coverage – and that’s a huge win for sports fans. There is more excitement to come, so stay tuned!”
Audacy: Audio Is Driving Force Behind Vaccination Willingness. Citing results from a recent study it commissioned, Audacy says the S. Radoff Associates research that tested audio’s trust and influence during the ongoing COVID-19 pandemic indicates audio is the leading media source in the fight against COVID-19 and a driving force behind Americans’ willingness to receive the COVID-19 vaccination. The study concludes that for the vaccine hesitant population, audio is the most trusted source of information about COVID vaccination (46%), ahead of TV news shows (42%), friends and family (40%), articles in a local (37%) or national (36%) newspaper, and social media (27%). The study also found that the vast majority of vaccine hesitant U.S adults (81%) say they will take some form of action if they hear a local radio or podcast host provide information about the benefits of COVID vaccines and recommend that listeners receive a COVID vaccine. Audacy SVP of research and insights Idil Cakim says, “Since the onset of the pandemic, audio has served as a trusted companion for listeners seeking vital information, local news and sports and entertainment. As America slowly but surely returns to normal life, the vaccine is a major step towards doing what we all love again – going to sports events, dining at our favorite restaurants, or creating memories with loved ones – and our study shows how big of a role audio is playing in inspiring Americans to make a plan to get their shot.”
Noel Paul Stookey is This Week’s Guest on Harrison Podcast. A true, elder statesmen of American folk music, as well as an iconic popularizer of the civil rights movement going back to the protest songs of the early 60s, Noel Paul Stookey of Peter, Paul and Mary is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” Harrison and Stookey discuss the evolution of the civil rights movement from the freedom marches of the early 60s to the current reckoning of the early 20s among a number of other fascinating topics. Stookey also discusses his latest charitable project. Don’t miss this extraordinary conversation between two extremely articulate individuals that spans the decades and connects the dots. To listen to the podcast in its entirety, please click here or click on the player box marked “The Michael Harrison Interview” located in the right-hand column on every page of Talkers.com.
The Todd Starnes Show Adds Affiliate in Salem, Oregon. The Memphis-based programs featuring conservative talk media personality and best-selling author Todd Starnes are being added to the program schedule at Willamette Broadcasting’s KYKN-AM, Salem, Oregon. The station is putting “The Todd Starnes Show” in the 9:00 am to 12:00 noon slot long held by Rush Limbaugh. It is also airing the “Todd Starnes Weekend Edition” as well as the “Todd Starnes News & Commentary” feature.
COVID-19, U.S. to Exit Afghanistan, Minneapolis Protests/Chauvin Trial, Democrats’ Court-Packing Bill, Russia Sanctions/China Threats, Reparations Bill, Matt Gaetz Case, and Bernie Madoff Dies Among Top News/Talk Stories Yesterday (4/14). The “pause” on the Johnson & Johnson vaccine, the high COVID numbers in Michigan, and the variant running wild in Brazil; President Joe Biden’s move to end U.S. operations in Afghanistan; the protests in Minneapolis over the police shooting death of Daunte Wright, the manslaughter charges against former cop Kim Potter, and the ongoing Derek Chauvin trial; Democrats’ plans to introduce a “court-packing” bill to expand the Supreme Court to 13 justices; the expected sanctions against Russia for hacking and election interference and FBI Director Christopher Wray’s testimony before Congress about China’s threats to the U.S.; U.S. House Democrats file a bill to study slavery reparations; the allegations of paying for sex with minors against U.S. Rep. Matt Gaetz; and Ponzi scheme orchestrator Bernie Madoff dies in prison were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.