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Friday, January 21, 2022

| January 21, 2022

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, “Manchinian Candidate,” looks back at this past week of 1/17 to 1/21. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERSDave Elswick, talk show host, KDXE 101.1 The Answer, Little Rock; Joyce Kaufman, talk show host, WFTL, Ft. Lauderdale-Miami- Palm Beaches; Thom Hartmann, talk show host, WYD MediaVictoria Jones, executive director, DC Radio Company; and Dr. Daliah Wachs, talk show host, Genesis Communications Network/Physician.  The show airs each weekend on WONK-FM, Washington, DC; WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD, Denver; KFNX, Phoenix; KTLK-FM, St. Louis; WPG, Atlantic City, NJ; SuperTalk 99.7 WTN, Nashville; KMZQ, Las Vegas; 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 NetworkPodcast 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.

 

Steve Jones Named CEO and President for Skyview Networks. Network executive Steve Jones is promoted to CEO and president of Skyview Networks from his previous COO/president role. In this new role, Jones will lead the sales, content, broadcast distribution and technology company. Founder and CEO Ken Thiele transitions to founder and executive chairman of the board, in which he’ll continue to engage in a high-level advisory role for the company. Thiele says, “Over the last 25 years, Skyview has evolved into a dynamic solutions leader in network audio, and through our enduring growth, we have always maintained a commitment to innovation and quality. I have had the privilege of working alongside Steve both as a client and as a leader within our company — he embodies these characteristics, which are also matched with an unyielding drive for excellence, keen business sense, and distinguished experience. I am privileged to welcome him to the role of CEO.” Jones comments, “I am grateful to Ken for trusting me to steward the company he has built in partnership with longtime EVP, Jeanne-Marie Condo. During the last three-years, despite pandemic challenges, Skyview Networks has become the fastest growing leader in network audio sales, syndication and distribution. Our unwavering commitment to customer service and proven financial performance have convinced content creators and influencers to join Skyview, while simultaneously providing advertisers effective, efficient and creative campaigns that achieve their marketing goals. At the core of this success is our company culture built on integrity and transparency, resulting in employees committed to one another and to our customers.”

 

FOX News Channel Reveals New Weekend Primetime Lineup. Effective the weekend of January 29, FOX News Channel debuts a new Saturday primetime lineup. Lawrence Jones will host a new, one-hour show titled, “Lawrence Jones Cross Country” airing at 10:00 pm ET and Brian Kilmeade will host his eponymous show at 8:00 pm ET. “Unfiltered with Dan Bongino” moves to the 9:00 pm ET slot. The 8:00 pm ET hour was formerly hosted by Jesse Watters who was named solo host of the weeknight “Jesse Watters Primetime” program. FOX News Media CEO Suzanne Scott says the promotion renders Jones, 29, the youngest Black solo host of a program in cable news. In addition to this new role, Jones will continue as the enterprise reporter for the “FOX & Friends” franchise. “Lawrence Jones Cross Country” will focus on newsmakers from across the political and cultural spectrum, spotlighting the leading concerns facing Americans nationwide. Kilmeade remains a co-host of FNC’s morning franchise “FOX & Friends” while also hosting the three-hour daily “Brian Kilmeade Show” on FOX News Audio and “What Made America Great” on FOX News Media’s streaming service FOX Nation. Scott says, “Lawrence has been an impact player since joining the network in 2018 and we are thrilled to add his critical insights to our weekend lineup.” Kilmeade comments, “I am truly honored that Suzanne has given me another incredible opportunity at FOX News Media. My ultimate goal is to create a program that will always seek solutions rather than sow division.”

 

Triton Digital Publishes December 2021 Podcast Report. The U.S. Podcast Report from Triton Digital is released and ranks podcast networks and podcasts from participating podcast networks based on average weekly downloads in the U.S. For the period of November 29 to January 2, Stitcher Media was the #1 podcast network with 43.1 million active downloads. NPR was #2 with 31.7 million, Audacy Podcast Network was #3 with 28.7 million, and Cumulus Podcast Network was #4 with 18 million. The report also ranks individual podcasts by average weekly download and audiochuck’s “Crime Junkie” was #1. At #2 was “NPR News Now,” followed by Cumulus’ “The Ben Shaprio Show” at #3. You can see the complete rankers for the top 20 networks and the top 100 podcasts here.

SiriusXM Talk Host Joe Madison Ends Hunger Strike. In the aftermath of the failure of the Democrats to get the Senate to take up the Voting Rights Act, SiriusXM Urban View channel morning drive host Joe Madison ended his hunger strike. Madison spoke at length on his program about what, in the face of the Democratic leadership’s failure, his 74-day hunger strike accomplished. The SiriusXM PR staff transcribed his monologue and you can read it here.

Talk Radio Host Dr. Asa Pursuing Pro Wrestling Dream. Nationally syndicated talk radio and television personality Dr. Asa Andrew (right) is pursuing his dream of being a pro wrestler at the not-so-tender age of 50 – and he’s doing it with the help of WWE three-time World Heavyweight Champion Diamond Dallas Page (left). But after turning 50 and being asked if he has any regrets considering his vast accomplishments in medicine and media, he said, “I started a professional wrestling career years ago, and due to several life events, I wasn’t able to finish. I finish everything that I start.” In 2000, Dr. Asa was invited to an open tryout at the original WCW Power Plant in Atlanta. There he was one of two out of 35 that made it and was offered a contract. Paul Orndorff and Jody Hamilton ran the facility and told him to go finish his doctorate, and then he would start. Dr. Asa had nine months left to complete his degree, and during that time Vince McMahon bought WCW, and the opportunity was gone. His next chance had to be passed on as Dr. Asa’s father was dying of cancer and Asa knew he had to be there for him. Years later, Dr. Asa and his friend Dallas Page – whose backstory is that he is the oldest to successfully start a career in professional wrestling – decided the time is now to start that journey. Dallas called Cody Rhodes and QT Marshall with AEW’s affiliated developmental school, The Nightmare Factory, in Atlanta, and Dr. Asa started their training camp in October. As Dr. Asa continues to pursue his dream, he and Dallas Page are filming a new documentary on helping others transform their health that will be released sometime in the upcoming year.

WWO: NCAA Men’s Basketball Listening Reaches 33 Million. A study called the NCAA Men’s Basketball Listening Report from the CUMULUS MEDIA | Westwood One Audio Active Group concludes that 33 million people listen to NCAA Men’s Basketball each season on Westwood One. This report includes a just-completed Nielsen PPM analysis of season-long audiences and brand-new data from a MARU/Matchbox study tracking a day in the life of an NCAA basketball fan. The study also found that among persons 18-34, Westwood One reaches 59% of the NCAA Men’s Basketball Audience and is the number two platform, ahead of linear television (behind streaming video). The younger the NCAA audience, the greater the reach and resonance of Westwood One’s audio platform. It also concludes that its audio coverage maximizes the value of an NCAA television media plan, generating incremental reach (+19%) and frequency. Executive vice president of marketing for Cumulus Media and president of Westwood One Suzanne Grimes says, “There is no denying the fervor of the NCAA basketball audience and the excitement March Madness generates. Our Westwood One broadcasts cater to everyone, from the casual fan to the diehard, and they all are just the kind of listeners advertisers want – upscale, employed, and listening on the go.” See the complete study here.

TALKERS News Notes. Radio talk host Dave Elswick signs a new, one-year extension with Salem Media Group’s KDXE-FM, Little Rock “101.1 The Answer” to continue hosting the station’s morning show. He’s been with KDXE for the past eight years after serving for 14 years with crosstown news/talk KARN-FM…..The Radio Mercury Awards, produced by the Radio Advertising Bureau and funded by the Radio Creative Fund, announces that Alejandro Ortiz, executive creative director, Campbell Ewald, is the 2022 chief judge for the 31st annual edition of the Radio Mercury Awards. In his role, Ortiz leads the creative teams in New York, for a number of clients, including Empire State Development, I❤️NY, Port Authority of NY and NJ, a number of spirits and beverage brands at Constellation, and the New York Power Authority, as well as Shamrock Farms. Call for Entry for the 2022 Radio Mercury Awards will open in a few weeks. Learn more information on this year’s Call for Entry guidelines and deadlines here.

Biden Anniversary Press Conference & Agenda Top News/Talk Story for Week of January 17-21. Wednesday’s press conference by President Joe Biden on the first anniversary of his taking office, criticism of his first year, and his agenda going forward were the most-talked-about stories on news/talk radio this week, coming together atop the Talkers TenTM. At #2 this week was the Supreme Court denying Donald Trump’s request to keep White House notes from the January 6 House Select Committee tied with the New York attorney general’s investigation into the Trump Organization. Following at #3 was the rate of COVID-19 Omicron variant cases, vaccine & mask mandates and the effect on the nation’s schools. 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.

 

 

FOX News Media Has Radio Reporter Opportunity. For this Washington, DC-based position, FOX News Media is seeking an experienced reporter. You will cover a wide range of political, government, and Congressional stories for FOX News Audio (FOX News Headlines 24/7 and FOX News Terrestrial Radio). You possess strong journalism skills and thrive in a fast-paced, deadline-driven environment. Most importantly, you have great editorial judgement and the ability to break important news stories. See more about this position and apply here.

FOX News Audio Seeks Podcast Producer. For this New York-based position, FOX News Audio is looking for a podcast producer to be part of the fast-paced and growing FOX News Podcast Network. This position’s responsibility will be to develop ideas, pitch stories, and work with FOX News Channel talent in crafting daily and weekly podcasts. They will direct bookings, edit shows for broadcast, and work with production teams to create high-quality products every day. In addition to their production duties, they will also lead creative on social media posts and website write-ups to promote the products. See more about this position and apply here.

Full-Time News Anchor Opening at FOX News Audio. This is a New York-based position. FOX News Audio is seeking a full-time news anchor to join the FOX News Audio family as on-air talent for FOX News Headlines 24/7, Sirius XM Channel 115. In addition, you may be asked to anchor on the FOX News Radio affiliate network. As a radio news anchor, you will work under tight deadlines and deliver top-notch newscasts. You have a passion for breaking news and the flexibility to work on a days’ notice. See more about this position and apply here.

KFRU-AM/FM, Columbia Seeks Talk Show Host. KFRU-AM/FM, Columbia, Missouri is looking for a dynamic full-time, talk show host who will hit the ground running and immediately contribute to the successful community-based heritage radio station. The successful candidate understands the broadcast business and takes pride in their work. This candidate needs to be a strategic and pro-active thinker. We require creative idea generating skills to constantly put the station in a position to succeed. Candidate needs a deep understanding of on-air, digital, and social media branding as well as a passion for impacting listeners in the community. If you enjoy a fast-paced work environment and have the gift to talk, please apply. Send your information to: casey.bartholomew@cumulus.com

Billy Graham Evangelistic Association Has Opening for Programming and Content Manager. In this position, the programming and content manager must meet objectives related to the mission and goals of Billy Graham Evangelistic Association as the key contributor to and executor of the long-term strategic plans for The Billy Graham Channel. Assists executive director and managing producer in determining the target audience for the channel. With target in mind, crafts the formatic structure of the channel and cultivates its particular “personality” in production and writing of content. This includes development and direction of special programming for the channel. Direct and, as needed, writes “Billy Graham Radio Specials” for broadcast radio. Serves as point contact for “Billy Graham Minutes” features. Also contributes in the development and review of Audio Ministry Services-produced podcast content. See more about this position and apply here.

Wednesday, October 20, 2021

| October 20, 2021

Liberty Media Sells All Shares of iHeartMedia Stock. The company is exiting the broadcast radio business after selling 5.94 million shares of iHeartMedia’s Class A common stock – a trade that’s worth about $150 million. Variety has the story and reports that “between November 2017 and February 2018, Liberty Media purchased $600 million of iHeartMedia debt for a total of $490 million. After iHeartRadio reduced its debt load through a bankruptcy settlement, the bonds were converted into about 6.9 million shares.” iHeartMedia issued the following statement: “We appreciate Liberty’s support for iHeartMedia, originally as a holder of debt which then converted into a meaningful equity stake, and we are delighted that they received a good return on their investment.” The iHeartMedia stock was part of the company’s Liberty SiriusXM Group that owns 78.1% of SiriusXM stock, 32% of Live Nation stock, plus small percentages of Formula One Group and the Atlanta Braves.

Audacy Acquires WideOrbit. There are no financial details included in the Audacy press release as the company announces its acquisition of “an exclusive, perpetual license to WideOrbit’s digital audio streaming technology and the related assets and operations of WO Streaming. This acquisition gives Audacy control of its product roadmap to deliver enhanced consumer-facing streaming features for its 170 million monthly listeners.” At this time, it’s unclear if this deal is the “small digital acquisition for approximately $40 million” that Audacy referenced last week when it announced it was offering $45 million in senior secured second-lien notes to raise capital, but it appears likely. Audacy will operate WO Streaming under the name AmperWave. The entire WO Streaming team, led by John Morris, SVP streaming, joins Audacy. Audacy chairman, president and CEO David Field comments, “The WideOrbit digital audio tech business perfectly complements our organic investments to make Audacy’s digital platform the top choice for listeners, clients and partners.”

Boston Sports Talkers ‘Toucher & Rich’ Launch Syndication Effort. WBZ-FM, Boston “98.5 The Sports Hub” morning drive duo “Toucher & Rich” Fred Toucher (left) and Rich Shertenlieb (right) – along with cast member Jon Wallach – begin a regional syndication effort on Monday (10/25). Beasley Media Group says the show recently celebrated 12 years on ‘98.5 The Sports Hub’ as the dominant program for Male and Adult audiences 25-54. Beasley Boston VP and market manager Mary Menna says, “We are thrilled to be able to bring Toucher & Rich’s unique brand of content and humor to sports fans throughout New England through this syndication initiative. The T&R team is already a favorite with their passionate audience. We look forward to expanding that loyal audience through this new affiliation!” Toucher says, “Being syndicated has always been a career goal and I am very excited to start this new challenge.” Rich adds, “I couldn’t be more excited to launch ‘Toucher & Rich’ into syndication. Our listeners have always been the most loyal in radio, and I’m thrilled to introduce our show to a whole new audience of potential T&R lifers.”

Bob Kessler to Anchor Midday News at WGN-AM, Chicago. Longtime WGN Radio news reporter Bob Kessler is now anchoring midday news Tuesdays through Fridays. Kessler joined WGN in 1994 as a producer and became a weekend newsroom anchor in 1997. Kessler’s work has been recognized with an award from the Illinois Associated Press Broadcasters’ Association in 2019. WGN news director Ryan Burrow says, “Bob’s been an integral part of the WGN family for decades. He’s a great newsman and capably leads the anchor desk. A true teammate, he brings a positive energy and personality to the newsroom. I’m glad we’re able to expand his role on the news team.”

WWO: WARC Study on the Value of Audio to Marketers. In this week’s blog from CUMULUS MEDIA | Westwood One’s Audio Active Group, a study from marketing advisory firm WARC and iHeartMedia is examined. Titled, “The Investment Gap: Understanding the Value of Audio,” it reveals “a major audio investment gap for marketers.” It notes that 1) Consumers spend 31% of their media time with audio, yet audio is only allocated 8.8% of media budgets. Other media represent 91.2% of ad spend and 69% of consumer media use; 2)  Marketers overspend on digital and TV, and underspend on audio: WARC’s analysis reveals brands are overspending on TV and digital by 32%, and underspending on audio by a factor of 3X; 3) AM/FM radio generates a +36% increase in monthly reach for the average brand: An incremental reach analysis of 15 P&G brands conducted via Nielsen Media Impact, the media optimization platform, reveals the average P&G brand experiences a +36% increase in reach to their TV plan through the use of AM/FM radio; 4) The younger the demographic, the greater the lift in reach: Across P&G’s 15 brands, the lift in reach generated by AM/FM radio keeps growing in younger demographics. Among persons 35-44, the average P&G brand realizes a +63% increase in reach due to AM/FM radio. Among persons 25-34, AM/FM radio doubles the TV reach. See the blog here.

Cumulus Podcast Network to Join Strata Platform. A new partnership between Comcast’s FreeWheel, Cumulus Media, and Triton Digital brings Cumulus Podcast Network’s premium podcast inventory into the Strata media stewardship platform. The FreeWheel’s Strata allows agencies to automate the podcast buying process within their existing platform workflow, including receiving electronic proposals and sending electronic orders. Through this partnership, Strata users will be able to find and buy impression-based premium podcast inventory from Cumulus Media that is validated by metrics including downloads, as measured by Triton Digital’s Podcast Metrics measurement service. FreeWheel says this will mark the first time a podcast publisher has surfaced titles and lineups, which are curated groups of podcasts designed to reach specific desired demographics and psychographics, with metrics measured by industry leader Triton Digital, in a media buying platform. Cumulus SVP, digital operations and business development Larry Linietsky says, “Cumulus Media is pleased to expand its partnerships with FreeWheel and Triton to provide current and future marketing partners efficient access to the Cumulus Podcast Network’s vast offering of premium podcasts spanning entertainment, news, sports, politics, business, money and technology as well as the voices from our 413 stations.” Triton president of marketing development John Rosso adds, “Triton is pleased to be partnering with FreeWheel and Cumulus Media to provide advertisers with streamlined access to trustworthy, aggregated podcast data within their media buying system for the first time. Our IAB-accredited Podcast Metrics lineups provide advertisers with consistent data across networks and publishers, making the process of discovering, planning, analyzing and ultimately buying podcasts at scale seamless and efficient.” Strata users will be able to access Cumulus Podcast Network’s premium podcast inventory in the Strata system beginning in the 4th quarter of 2021.

Stonecom Adds Sports Talker to Livingston, Tennessee Market. The Overton County News reports that Stonecom debuts a new sports talk radio station for the Livingston, Tennessee market. “Sports Radio 104.7 emanates from WKXD-HD3 and is heard on translator W282AG at 104.7 FM. Stonecom president and GM Larry Stone says, “We know sports fans in this area are passionate about our local teams. During all the years doing Titans Caravan stops in Cookeville and Crossville, I saw that first-hand. It’s Big Orange Country with a huge love of everything orange. We love our championship high school sports around the region, and support the hard work of Tech athletes. ‘Sports Radio 104.7’ will serve that passion.” Programming will include “Outkick 360” featuring Jonathan Hutton, Chad Withrow and Paul Kuharsky, “The Dan Patrick Show,” “The Rich Eisen Show,” and more.

January 6 Investigation/Bannon Held in Contempt, COVID-19, Supply Chain Woes/Inflation, Biden Reconciliation Bill, Afghanistan Withdrawal Investigation, Chinese Military Aggression, Southern Border Crisis, Kidnapped Missionaries, and Facebook Rebrand Among Top News/Talk Stories Yesterday (10/19). The investigation into the January 6 attack on the Capitol and the committee’s vote to refer Stephen K. Bannon to the DOJ for criminal prosecution; the rate of COVID-19 cases in the U.S., booster shots, and mask & vaccine mandates; the effects of the supply chain breakdown on the availability of consumer goods and soaring retail prices; President Joe Biden considers reducing his $3.5 trillion reconciliation bill to $1.9 trillion; the State Department inspector general’s investigation into the withdrawal of U.S. troops from Afghanistan; China’s development of hypersonic weapons and its aggression against Taiwan; the migrant crisis at the U.S.-Mexico border; the 17 missionaries being held for $17 million ransom in Haiti; and rumors that Facebook is planning a rebrand were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Fresh Edition of ‘The Fisher House Story’ Available for Veterans Day and the Holidays. There’s new programming from the Fisher House Foundation for this Veterans Day as well as for the holiday season. The Jeff Wyatt Group has produced a fresh edition of “The Fisher House Story” for 2021 available for download. “The Fisher House Story – Peace of Mind and a Place to Heal” is a radio special provided in varying lengths for news/talk radio stations as well as a 30-minute public affairs show for all formats in the U.S. and around the world. Fisher House Foundation provides a home away from home for families of patients receiving medical care at major military and VA medical centers. Fisher Houses provide temporary free lodging so families can be close to their loved ones during a medical crisis because “A Family’s LOVE is Good Medicine.” The program is available in three-hour, one-hour, 25- and 30-minute radio special versions and is hosted by long-time radio personality Jeff Wyatt. It features stories of America’s heroes, the families who serve by their side, and how Fisher House plays a role in their journey. This informational talk show will leave listeners feeling inspired during Veterans Day weekend (Veterans Day is Thursday, November 11) and through the holiday season, sharing stories of amazing service members, veterans, and their families. Host Jeff Wyatt’s love and respect for our military will only amplify these radio specials, scheduled to deliver Oct. 28 for potential airing Veterans Day weekend, during the holiday season, and for Memorial Day and 4th of July weekends as well. You can hear a demo and see the clock at: radio.fisherhouse.org. For more information on this radio special, available cash and barter free, contact Jeff Wyatt at 301-518-3640 or jw@thejeffwyattgroup.com.

Pending Business: New Talent, New Rules

| June 1, 2021

By Steve Lapa
Lapcom Communications Corp
President

 

PALM BEACH GARDENS, Fla. — The race to replace Rush in syndication is shaping up and new names are filling the time period.

How’s your sales strategy working?

Every market situation will have it’s own nuance, but there will be universal strategies that need to be in place as you roll out. This round will be different as many stations try and replace a proven ratings winner with new talent, never before tested in the time period in your market. An audience that has been built up over years may start dial surfing with a newfound curiosity. What happens if audience levels wobble through the short term as your competitor pushes the emergency stop button?

Read More

Friday, February 12, 2021

| February 12, 2021

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, “Shock President,” looks back at this past week of February 8-12, 2021. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS magazine; Harry Hurley, talk show host, WPG, Atlantic City; Thom Hartmann, talk show host, WYD Media; Dr. Daliah Wachs, talk show host, Genesis Communications NetworkSteve Weisman, professor of law, Bentley University, Boston / founder Scamicide.com; and Brittany Jennings, commentator, WONK-FM, Washington, DC.  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; 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 NetworkCRN Digital Talk Radio 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.

Mark Kaye Transitions to News/Talk WOKV-FM, Jacksonville Full Time. Jacksonville radio personality Mark Kaye is leaving his on-air role at Cox Media Group’s CHR WAPE-FM on “The Big Ape Morning Mess” to focus on his talk program on sister news/talk WOKV-FM. He’ll do his final show on WAPE with co-host Meghan Lane on February 19. Lane will continue to host the WAPE morning show solo while the search for a new co-host is mounted. Kaye began hosting a talk show on WOKV in December of 2017 and it was expanded to its current 10:00 am to 12:00 noon daypart on January of 2019. CMG VP audience & content Tim Clarke says, “Mark is one of the most creative and ambitious people I know and his continuous evolution as a media personality is truly impressive. I truly believe that the ‘Mark Kaye Show’ represents the future of the spoken word format – entertaining and informative with an aesthetic that resonates and appeals to all generations. This represents CMG’s continued investment in creating new and innovative content to serve our audiences and communities.”

Beasley Names Blaine Jackson Digital PD. At the Augusta, Georgia operations of Bealsey Media Group, Blaine Jackson is named digital program director for the six-station cluster that includes news/talk WGAC-AM/FM and five music brands. Jackson comes to Beasley from her most recent position as program director and afternoon drive host at iHeartMedia’s crosstown country outlet WLUB-FM. Beasley Media Group vice president of brand strategies and Augusta/Fayetteville regional operations manager Tee Gentry comments, “We are thrilled to have Blaine join our Augusta team. Her passion for radio and our digital direction make her the perfect fit for our stations.”

Bloomberg Radio Prepared to Present Special Programming This Weekend. The Bloomberg Radio Network announces that is has “an army of reporters, producers, and anchors standing by over the weekend” to produce special programming in the event that former President Donald Trump is convicted in his impeachment trial. The trial could conclude earlier than expected, with a vote among Senate jurors to acquit or convict taking place as soon as Saturday. Bloomberg Radio Network anchors Nathan Hager and Amy Morris would anchor special coverage. Reporter Kevin Cirilli is prepared to report from Washington, DC. In the meantime, Bloomberg’s team of Washington, DC reporters is being made available to its affiliates for two-ways. If you are interested in learning about becoming a Bloomberg Radio Network, contact Key Networks chief revenue officer Dennis Green at: dennis@keynetworks.com.

Westwood One’s Jim Bohannon Adds Chicago and Seattle Affiliates. Nationally syndicated late-night talk radio legend Jim Bohannon is now heard in Chicago on Nextstar Media Group’s news/talk WGN-AM and in Seattle on Sinclair Broadcast Group’s all-news KOMO-AM/FM. The Westwood One program is now be heard on more than 275 stations. Bohannon, a member of the National Radio Hall of Fame, just marked his 28th anniversary as host of the Jim Bohannon Show on Westwood One. He comments, “I’m very gratified to be adding two legendary sets of call letters – WGN, Chicago and KOMO, Seattle—to the Jim Bohannon Show family of stations. What a perfect way to cap my recent 28th anniversary hosting this nationwide evening chat. Thanks to our wonderful affiliates coast to coast and our fine listeners, without whom I’d merely have an expensive hobby.”

iHeartMedia St. Louis Names John Beck Market President. Radio management pro John Beck is named market president for iHeartMedia’s St. Louis radio cluster that includes “Black Information Network BIN 103.7” and nine music brands. Beck was most recently with Emmis Communications as SVP of its St. Louis stations. iHeartMedia Markets Group division president Tony Coles says, “John is one of the most respected leaders in St. Louis. His track record of success, reputation for building a winning culture, and his deep roots in both the media and advertising communities are only a few of the many reasons we are thrilled to have John leading our team.”

WSCR-AM, Chicago Renews with Chicago Cubs. Chicago sports talk station WSCR-AM “670 The Score” and the Chicago Cubs have reached an agreement to continue their relationship with “The Score” serving as the team’s flagship radio station. As part of the deal, Entercom will manage the Cubs Radio Network that includes 30 stations across Illinois, Indiana, Iowa, Nebraska, South Dakota, and Wisconsin. Entercom Chicago regional president and market manager Rachel Williamson says, “I am beyond thrilled to be extending our partnership with the Cubs organization, establishing ‘670 The Score’ as home of Cubs baseball for years to come. We have never been more excited for baseball season and for Pat Hughes and Ron Coomer to bring the sights and sounds of Wrigley Field to life for Chicagoland listeners, who can hear all of the action on their radio and, for the first time, for free on the RADIO.com mobile app and via home smart speakers.”

Sports USA Inks NHL Deal. A new agreement between Sports USA and NBC Sports will allow the former to present live play-by-play coverage of the National Hockey League for the 2020-21 regular season and Stanley Cup Playoffs. Sports USA’s first game broadcasts will be the NHL Outdoors at Lake Tahoe at Edgewood Tahoe Resort in Stateline, Nevada. Sports USA founder and CEO Larry Kahn says, “We are excited to present the NHL to fans nationwide through this partnership with NBC Sports and are pleased that Sports USA continues to expand its overall sports coverage.”

TALKERS News Notes. Journalist Steve Kastenbaum is hosting the new podcast “New York Gritty,” a Blue Desk Productions program that looks at life in New York City during the pandemic. The show “explores the resiliency and hope of New Yorkers in a time of crisis. Will they find a way to bring their city back from the brink of economic disaster, or has New York been irreversibly changed?” The 10-episode series begins February 16 and is executive produced by broadcast and digital media executive Andrew Kalb. Kastenbaum says, “As a third generation native Brooklynite, I’ve watched New York bounce back from many crises. ‘’ve always been inspired by the tenacity and perseverance of my fellow New Yorkers as they’ve soldiered on, regardless of the challenge. I love telling the stories of the individual New Yorkers who make this the best city in the world.”…..Westwood One’s “The Stacking Benjamins Show” recently dropped its 1,000thepisode and to celebrate this milestone, host Joe Saul-Sehy and co-host Josh Bannerman are featuring many friends from the financial community and are sharing a monster list of their favorite books and resources. Since 2012, the program’s goal has been to use “the science of play to make finance more approachable, interesting, and fun. While some podcasts hope to be the final expert in the chain of money lessons, ‘The Stacking Benjamins Show’ aims to introduce listeners to the broad spectrum of fantastic ideas, concepts, and technologies available that can help lock in a better financial future.”…..The KIRO-FM, Seattle-produced podcast “Your Last Meal” – a James Beard Award finalist for Best Podcast – is celebrating 100 delicious episodes! Rachel Belle (right) hosts the program in which she interviews a celebrity about what they would choose to eat for their last meal and then digs into the history, science and culture of that dish with experts from around the globe. For this 100th episode, Belle welcomes three, 100-year-old women to the show to share their extraordinary lives, their favorite foods, and the secret to a long, happy life: red wine and “keeping your own teeth.”…..Cumulus Media’s Westwood One drops “The Kurt Angle Show” on Sunday (2/14) hosted by with Olympic gold medalist Kurt Angle and veteran podcast host Conrad Thompson. Angle says, “I’m so excited to be doing ‘The Kurt Angle Show’ podcast in partnership with Westwood One. I will be talking about my life, my career in Olympic and pro wrestling, and my struggles with addiction. Listeners will also hear fascinating stories firsthand from my guests. My hope is this podcast not only inspires but teaches others to not make the mistakes I’ve made and to go after their own goals and dreams. This is my opportunity to give back to my fans, the people who have stuck with me through good and bad times. Gonna be epic. It’s true.”

Nexstar Appoints Lori Tavoularis Chief Revenue Office for Digital Division. Sales pro Lori Tavoularis is promoted to chief revenue officer and EVP of revenue operations for the Digital Division of Nexstar Inc. In this newly created role, Tavoularis will oversee all revenue-related functions for Nexstar Inc.’s Digital Division, including national, local and programmatic sales and digital marketing services. She’s based in Chicago and reports to Digital Division president Karen Brophy. Concurrently, Nexstar’s Digital Division announces the appointment of Jennifer Scilabro as SVP, local digital sales, and the promotion of Wil Danielson to SVP, national digital sales, both reporting to Tavoularis.

Jim Jones and Focus 360 Partner. This deal between Focus360 and Jim JonesSound Solutions Media will allow the former to expand its affiliate relations team effective immediately. Jones and Sound Solutions Media will assist in the research and sale of all Focus360 radio solutions including Bridge Ratings and the Jelli platform which allows radio stations to monetize unsold inventory and eliminate network affidavits and scheduling. Jones says, “I am proud to join the Focus 360 team. Sound Solutions is uniquely qualified to collaborate with radio station executives and content producers to initiate mutually beneficial alliances. Focus 360 is positioned to provide the highest quality service to the radio industry. I look forward to creatively expanding its existing services and launching new business lines with like-minded radio partners.”

Senate Impeachment Trial Top News/Talk Story for Week of February 8-12. The second impeachment trial of Donald Trump in the U.S. Senate was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was the Capitol insurrection investigation, followed by the latest COVID-19 stats, deaths, and vaccine news 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 a result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Monday, January 25, 2021

| January 25, 2021

INDUSTRY AND NATION MOURN: Talk Media Pioneer Larry King Dead at 87. According to a report on Facebook posted by the producers of his current syndicated television show, Ora Media, legendary star of talk radio and television, Larry King died this weekend at the age of 87. The statement says: “With profound sadness, Ora Media announces the death of our co-founder, host and friend Larry King, who passed away this morning at age 87 at Cedars-Sinai Medical Center in Los Angeles.” The statement continues, “For 63 years and across the platforms of radio, television and digital media, Larry’s many thousands of interviews, awards, and global acclaim stand as a testament to his unique and lasting talent as a broadcaster.” The cause of death was not indicated, however King had been reportedly hospitalized with COVID-19 earlier this month. King was a major player in the talk media world who ushered in the modern era of syndication in radio on the Mutual Broadcasting System and the cable news/talk show format on television at CNN. TALKERS publisher Michael Harrison issued the following statement: “Larry King was not the greatest talk show host on radio or television in terms of skills, outrageous personality or direct and profound influence on public policy. He was, however, the most important pioneer who paved the way for today’s robust talk media presence on both radio and television. If there ever was a case of the right person at the right time, Larry King fit the bill and that’s all it took for him to be a mighty force. He was the modern era of talk radio’s first national celebrity born solely as a result of his work in the medium. And his contribution to today’s institutional cable news/talk TV format is undeniably fundamental to the medium’s current presence as America’s political and sociological meeting place. We have lost one of the greatest broadcasting presences of the first century of radio and television history as well as one of the quirkiest and most colorful individuals to ever sit behind a microphone.” Read TALKERS magazine managing editor Mike Kinosian’s “Remembering Larry King” feature here.

Tributes to Larry King Pouring in from All Over the Industry.  TALKERS has received dozens of tributes, anecdotes, and comments from readers in all sectors of the broadcasting industry in reaction to the passing of Larry King on Saturday (1/23).  The following statements from people who knew him and worked with him reflect the basic sentiments expressed across the board. Westwood One legend Jim Bohannon rose to national prominence as Larry King’s fill-in host back in the early days of King’s career as the late-night “king of talk radio” on the Mutual Broadcasting System. Bohannon tells TALKERS, “Larry King was the first certified big shot for whom I’d ever worked, and I was all set for some screaming prima donna jerk. What I found was a funny, savvy, decent human being who was always very supportive of me. His best advice: Be yourself. My 11 years backing him up on the radio were always based on being a first-rate Jim rather than a second rate Larry.” This Friday (1/29) marks Bohannon’s 28th anniversary of hosting that very same show fulltime. Norm Pattiz, chairman of PodcastOne and founder of Westwood One, was instrumental in Larry King’s fabulous radio career. He tells TALKERS, “Larry King was a superstar on radio well before he became a talk show icon on television and his contribution in those media will never be duplicated. I first met Larry in 1985 when Westwood One Radio bought the Mutual Radio Network. Some said at the time that I bought the network just to get the ‘Larry King Show’ and I never corrected them. When CNN came calling, I was thrilled to share Larry with them and when his show became one of the most influential nightly talk shows in history it only confirmed what I had known all along. No one will ever match the style, compassion, and genuine love for a great interview that Larry had and the worlds of television, radio, and podcasting are worse today for his loss.” Tom Tradup, VP/news and talk programming, Salem Radio Network, tells TALKERS, “My favorite memory of Larry was when I was president/GM of WLS in Chicago and was meeting with Larry for lunch in the now-closed Cape Cod Room restaurant of Chicago’s Drake Hotel. Always upbeat and gregarious, Larry seemed just a little down. He revealed he was speaking to a business group that night and his hotel had lost his trademark suspenders. After lunch I ran over the Marshall Field’s on State Street and bought him a pair. Big smile from a broadcast legend whose talent endured for decades.” And media consultant, TALKERS columnist, and host of “The Big Picture” on RT America (which also carried Larry King’s syndicated TV show at the time of his death), Holland Cooke adds, “One year ago this week, Larry was my guest on the very first show produced at RT’s new Los Angeles studio. Larry’s gift was his curiosity; and his legacy to fellow talkers is the art of the short question. I remember him asking Bob Hope, ‘Who do YOU think is funny?’ And he asked David Duke, ‘Don’t you ever get tired of hating?’ Often, guests on book tours or who are otherwise timely are prepped with ‘safe’ answers, regardless of the questions asked. And they get away with it, because hosts ask verbose questions and don’t listen closely to responses. Larry’s short question would catch the guest off-guard – enough to yield an answer you wouldn’t hear elsewhere along the tour.

King and I: An Excerpt from Bernadette Duncan’s Landmark Book Yappy Days: Behind the Scenes with Newsers, Schmoozers, Boozers and Losers (Talkers Books, 2016).  I landed a part-time job with the Larry King Radio Show in 1986 because I was in the right place at the right time. My late shift at NBC Radio Networks where I produced the Neil Myers Show ended at 1:00 am and no other talk producer was on the premises. All that was required? Meet Mr. King in the lobby, escort him to the elevator, guide him down the hall to the nearest empty studio, check mics and audio, and then be prepared to do the same with the on-coming, big-name parade of guests scheduled for the night. Basically, I was a “handler” for an extra 75 bucks a shift. At the time, this pre-suspenders-wearing Larry King was one of the most successful radio talk show hosts in the industry who at the height of his show’s prominence had nearly 500 affiliate stations around the country. Just the year before, in 1985, he began hosting a nightly TV program on the new cable network called CNN (for Cable News Network) and “Larry King Live” was getting some buzz. In addition to television at 9:00 pm… then radio after midnight… he was in contract to write a book. Larry King’s career was hot. And it was this book deal with a New York-based publisher that brought him to the Big Apple four or five days a month to meet with his editor face-to-face. I became his New York producer/handler, working in coordination with his crew in Washington, DC. Little did I realize when I signed up with “the King of Talk,” I would dive into a world as quirky as what you’d find down Alice’s rabbit hole. To read the entire excerpt please click here.

Alpha Media Announces Pre-Arranged Chapter 11 Reorganization. The company says in a statement on its website that it has entered into a “restructuring agreement with certain of its lenders to reduce its debt, as well as raise incremental capital” to allow it “to successfully navigate current market conditions and pursue growth opportunities. The company expects no disruption to its broadcast operations, customers or employees. Management will remain in place and continue to maintain the company’s day-to-day operations.” Alpha Media says it has filed “a pre-arranged plan of re-organization, disclosure statement and voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court in the Eastern District of Virginia. Certain of the company’s existing lenders have agreed to provide new capital in the form of committed debtor-in-possession and exit financing. These lenders, together with management, are expected to collectively own 100% of the equity of the re-organized company, subject to regulatory approvals from the Federal Communications Commission. The restructuring of the company’s balance sheet will require receipt of bankruptcy court approval and certain regulatory, including FCC, approvals and satisfaction of other customary conditions. The company expects to conclude the restructuring process in the first half of 2021.” Alpha chairman and CEO Bob Proffitt comments, “We have made significant progress in aggressively deleveraging our business in recent years. As we proceed with our financial restructuring to improve our capital structure and manage through the ongoing downturn caused by the COVID-19 pandemic, the agreement we reached today will leave Alpha Media well positioned for a market recovery as a stronger and even more competitive company. Broadcast radio is the leading reach medium in the United States, with attractive ROIs for advertisers, and radio continues to be an indispensable communications platform nationwide. We believe the balance sheet restructuring will provide greater financial resources and flexibility to Alpha Media, enabling the Company to strengthen its position as a leading mid-market broadcaster in the United States, and invest in new digital capabilities to better serve our advertisers and communities. Our core business continues to perform well despite current market challenges. We will continue to invest in our talented teams to foster the unique culture that has been key to Alpha Media’s success in delivering dynamic, diverse and exciting content to our communities.”

Monday Memo: Time Management 2021. “Short version? Time will not be managed.” But in this week’s column, consultant Holland Cooke explains how “tasks can,” and that’s gotten trickier in pandemic shutdown mode. He outlines solutions for recurring distractions. Read it here.

COVID-19 Stats & Vaccine Rollout Troubles, Trump Impeachment, Capitol Attack Investigation, Trump Third Party Launch, Tacoma Protest/Deadly Indianapolis Shooting, and NFL Conference Championships Among Top News/Talk Stories Over the Weekend. The number of COVID cases and deaths in the U.S. and the strategic troubles affecting the rollout of the vaccines; the Article of Impeachment against Donald Trump; the arrests being made during the investigation into the January 6 attack on the U.S. Capitol; the rumors that Donald Trump intends to launch a third political party; the Tacoma protest in which a police officer drove into a crowd and the shooting in Indianapolis in which five adults and an unborn child were killed; and Sunday’s NFL Conference Championship games were some of the most-talked-about stories on news/talk radio over the weekend, according to ongoing research from TALKERS magazine.

Pending Business: Value. Sales and marketing pro Steve Lapa says, “Presenting the value proposition is a never-ending challenge, especially for the broadcast seller. I’ve seen too many sellers get hung up on product features that are station-centric – important to management, talent, and the seller. The truth is the advertiser doesn’t see it the same way.” The past year has taught us that the value perception of your station’s product has changed. For more on this, read Lapa’s column here.

WCCO-AM, Minneapolis Program Director John Hanson Exits. The Minneapolis Star-Tribune reports that Entercom’s news/talk WCCO-AM, Minneapolis has let program director John Hanson go. Hanson had been serving as the station’s PD since the fall of 2018. Hanson is a native of the Twin Cities who worked on air as co-host of KSTP-TV’s “Twin Cities Live” afternoon talk show that launched in 2008. He joined Entercom in 2013 to program sports talk KCSP-AM, Kansas City. The reason for Hanson’s departure is not clear but the staff was alerted in a memo from market SVP Shannon Knoepke, who wrote on January 21, “Reaching out this afternoon to notify the staff that John Hanson is no longer with the company, effective today. More to come as we move forward and work to fill this position.”

WJBC, Bloomington-Normal Adds Michael Koolidge Show. The independently syndicated Michael Koolidge show is added to the program schedule at Cumulus Media’s WJBC-AM, Bloomington-Normal, Illinois in the 12:00 noon to 2:00 pm slot. Koolidge says, “We couldn’t be more excited to join WJBC. I’ve been trying to break into the Bloomington-Normal market for years and I’m thrilled that Cumulus’ WJBC decided to pick up the show!” WJBC operations manager Dan Westhoff says, “We are very excited to be adding ‘The Michael Koolidge Show’ to our lineup. Michael’s been very successful throughout Illinois and the Midwest and we can’t wait to have him on WJBC.”

Marc Bernier Show Celebrates 30th Anniversary. Pictured above is WNDB, Daytona Beach talk host Marc Benier broadcasting live from DB Pickles restaurant in Ormond Beach, Florida celebrating his 30th year on air as a talk host. The celebration was also a benefit for Halifax Urban Ministries. January 21 was declared “Marc Bernier Show Day” with a flag flown over the state capitol and declarations declared honoring Bernier in the cities and county of Volusia. A number of local and state officials attended the broadcast.

WRHU Radio Hofstra University will Receive World Radio Day Award 2021.  In conjunction with World Radio Day coming up on February 13, the Academy of Radio Arts and Sciences of America has selected WRHU Radio of Hofstra University to receive the 2021 World Radio Day Award. The honor commemorates World Radio Day, established by UNESCO (United Nations Educational, Scientific, and Cultural Organization) and is celebrated annually on February 13. World Radio Day is intended to raise greater awareness among the public and the media of the importance of radio. WRHU is the first student-run station to receive this honor.  WRHU Radio 88.7 FM is the campus radio station of Hofstra University, a private university located on Long Island in Hempstead, NY. The station has been the recipient of numerous regional, state, and national awards, including three prestigious Marconi Awards from the National Association of Broadcasters (2014, 2017, and 2019).  With studios housed in Hofstra’s Lawrence Herbert School of Communication, the station has been committed to training the next generation of radio professionals for more than 60 years in a wide variety of radio genres including news, sports, public affairs, community programming, and music. For the past decade, WRHU has exclusively produced and distributed radio broadcasts of New York Islanders hockey games, the first and only college radio station to have such an agreement with a professional major-league sports team.  “We are immensely honored to receive this award of recognition,” said Mark Lukasiewicz, dean of the Lawrence Herbert School of Communication. “WRHU and its managers and staff deserve enormous credit for carrying on their work throughout the pandemic and providing vital information to the community.”  The annual World Radio Day Award honors a U.S. radio station that exemplifies the best attributes of the radio industry. Recipients may be large or small stations, commercial or noncommercial, located in any market, and broadcasting in any language. The award jury looks for stations that demonstrate ideals of localism, audience reach, community service, effective use of new digital platforms, diversity in program content and staffing, and financial and ratings success.  For this year’s award, the jury has highlighted the work done during the coronavirus pandemic, in light of UNESCO’s theme for the World Radio Day 2021 celebration, which is “New World, New Radio” in the sense that radio is a medium for resilience of our society. The jury of Academy is composed by eight highly qualified professionals of the broadcast industry (in alphabetical order): Heather Cohen, EVP, The Weiss Agency; Michael Harrison, founder/publisher, TALKERSPaul McLane, editor in chief, Radio WorldMike McVay, president, McVay Media ConsultingFrancisco Montero, partner, Fletcher, Heald & HildrethChris Oliviero, SVP/MM, Entercom New York; Deborah Parenti, publisher, Radio Ink; and Paul Rotella, president of the New Jersey Broadcasters Association. WRHU was recognized for its efforts during the crisis, expanding its content as student and community staffers worked and broadcast from their homes during a New York state lockdown. Hofstra University has been cited on the Best College lists of U.S. News & World ReportThe Princeton ReviewFiskeWashington Monthly, Forbes, LinkedIn and Payscale.com. It is the only university chosen to host U.S. presidential debates in three consecutive election cycles (2008, 2012 and 2016). The World Radio Day Award was initially created by the Spanish Radio Academy to spread awareness of World Radio Day. The annual February 13 commemoration was endorsed by a resolution of the United Nations General Assembly and accompanied by the creation of the International Radio Committee, which collaborates with UNESCO to promote World Radio Day each year. Last year, the award went to all-news station, WTOP, Washington DC.  The 2021 World Radio Day Award will be presented to WRHU at Hofstra University in early February. For more information, click here.

Townsquare Media to Repurchase 10 Million Shares. In a press release, Townsquare Media, Inc announces it has entered into an agreement to repurchase a minimum of 10 million of the 12.5 million shares of Class A common stock, shares of Class B common stock and warrants held by funds managed by Oaktree Capital Management L.P., for $6.40 per security, which reflects a 19% discount from the closing price of the Class A common stock on Friday, January 22, 2021. The repurchase was approved by the board of directors following the recommendation of a committee of independent and disinterested directors. The aggregate purchase price is expected to be at least $64 million, subject to the company’s ability to elect to purchase additional securities at closing of the repurchase. At closing, the repurchased securities will be retired and, subject to the company’s election to repurchase additional securities, the company’s outstanding securities will be reduced from approximately 28 million to approximately 18 million. Townsquare CEO Bill Wilson says, “We appreciate the opportunity to facilitate this significant transaction with Oaktree and are excited about this repurchase, which secures the exit of a very long-term private equity majority shareholder that current and potential shareholders have described to me consistently as being an obstacle to investing more, or establishing a position, in Townsquare given the significant overhang Oaktree’s holding represented. This repurchase is immediately accretive to shareholders and we thank our board of directors for their vote of confidence in our medium and long-term business plan to grow revenue and profits.”

TALKERS News Notes. According to a report by Chicago media writer Robert Feder, WGN-AM, Chicago afternoon news anchor Kim Gordon has resigned from the Nexstar Media Group station after 15 years. It’s rumored that Gordon will be joining Cumulus Media’s crosstown news/talk WLS-AM to serve as the afternoon news anchor on the Big John Howell program. Back at WGN, Feder reports that Lauren Lapka will be the news anchor on the Steve Bertrand afternoon program…..iHeartMedia flips sports talk WFXJ-AM, Jacksonville “The Game” to Gospel as “Hallelujah AM930/93.3 HD2.”…..News and sports radio pro Mike Smith is leaving his gig with iHeartMedia’s WBEX-AM, Chillicothe, Ohio to pursue other career opportunities, The 43-year radio pro says, “Thanks to all the great listeners, which many, many of them became life-long friends, and I can say the same about my colleagues being life-long friends and that means more to me than any nice thing that anybody ever said about the job that I did.”