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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, June 24, 2015

| June 24, 2015

talkersny15MHJDTalkers New York 2015 ‘Fireside Chat’ Video featuring Dialogue Between Michael Harrison and John Dickey Posted Today.  Billed as a “Fireside Chat” in one of the keynote sessions of the just-concluded Talkers New York 2015 convention, TALKERS publisher Michael Harrison conducts a one-on-one conversation with Cumulus Media executive vice president of content & programming, John Dickey.  In a series of what Dickey describes as “really tough questions,” Harrison asks him about a wide variety of subjects including how he handles the stress of being significantly responsible for the operation of one of the largest and most complex radio broadcasting companies in the history of the medium; whether or not the platform of radio can ever be accurately measured in terms of ratings; what position talk radio occupies within the overall Cumulus plan going forward; whether or not there is room for qualitative selling and non-traditional revenue generation at large, corporately owned stations; and if there is a future for the personality oriented disc jockey in music radio, among other topics.  Dickey responds with thoughtful and candid answers before a fully engaged, packed house of professionals from all segments of the industry in a room so quiet, one could hear a proverbial pin drop.  On the subject of stress, Dickey says it is a matter of “balance…balance in life” putting work and family into their proper perspectives.  He ties that into programming — repeatedly stating that successful radio formats must maintain an effective balance of elements as they evolve forward with their “natural life cycles.”  Dickey discusses the importance of “branding” in today’s commerce, underscoring his company’s commitment to and “heavy investment” in the talk format stating, “We are the ‘custodians’ of some of radio’s greatest brands,” making it clear that Cumulus takes that responsibility very seriously in the talk arena.  He makes the point, “We must, however, arrive at an understanding of what constitutes the talk format today” pointing out that talk radio needs to “broaden the conversation” because “people talk about a lot of things.”  On the subject of ratings (immediately following a powerful panel discussion about the state of audience measurement moderated by Sean Hannity during which Nielsen’s feet were held to the fire), Dickey is measured and fair in his criticism of Nielsen stating, “The ratings are accurate… but only to a point.”  He says, “Nielsen needs to be [more forthcoming] about the ‘margin of error’ [in their metrics] – they owe us more than they are giving us.”  Looking back at the conversation, Michael Harrison says, “John Dickey is one of the brightest young men I have ever met in this business and I have no doubt in my mind about his love for and commitment to radio.  Neither he nor his brother Lew have easy jobs…and, like all human beings, they are far from perfect, not to mention the entire radio industry is challenged by the circumstances of the times… so operating the second largest ownership group in the history of the medium in the second decade of the 21st century is an extremely daunting task.  Unlike so many of today’s powerful executives in both business and government, they admit their mistakes and are always trying to learn and improve.”  To view the “Fireside Chat” in its entirety including an introduction by rising talk star Ethan Bearman, please click here.

nielsen logoNielsen Unveils its Total Audience Report; Radio Leads Weekly Reach of Adults.  Senior vice president of the audience insights division at Nielsen, Glenn Enoch, says that in preparing the first-ever Total Audience Report, the company is “using the best available data and have done all we can to make this an ‘apples-to-apples’ comparison, but it is important to remember that these platforms are measured by different methods using different samples and different crediting rules.”  Enoch is referring to the challenge of finding one way to express the consumption of three different media platforms – TV, radio and digital.  That said, radio practitioners are happy with the results indicating that on a weekly basis, radio reaches 93% of the adult population compared to television’s 87% reach.  Digital is broken up into three segments – PC, smartphone, and tablet – and those reach 54%, 70% and 35% of American adults, respectively.  However, when one looks at the weekly hours and minutes spent with each medium, television comes out on top across all adult demographics and radio comes in second.  The data shows that, for persons 35-49, the average hours/minutes during the week spent with television was 33:05, for radio 13:39, for PCs 6:58, for smartphones 8:52, and for tablets 4:50.  In tallying the number of days per week of usage for each medium for persons 18-49, smartphones come out on top with 5.9.  Radio is close behind with 5.  Television is third with 4.7, followed by tablets at 4.6 and PCs with 3.6.  In a memo to his sales stall, Cumulus Media chief marketing officer Pierre Bouvard writes, “While radio is known as a frequency medium, we have always had significant reach.  Radio’s reach has remained consistent while television has eroded.  Radio now finds itself as America’s number one mass reach medium.”

gellervalerieNYF15New York Festivals Winners.  Pictured here at Monday evening’s New York Festivals International Radio Program awards ceremony at New York Penthouse are Grand Jury member Geller Media International’s Valerie Geller (center); SiriusXM host Paul Bachman, Bronze Radio Winner in the Best Children/Young Adult Program for “Couch Potato Stew on Kids Place Live” (left); and SiriusXM VP Frank Raphael (right).  The New York Festivals International Radio Program awards is an annual radio program competition executed in collaboration with the United Nations Department of Public Information.  The United Nations Awards were established in 1990 to honor programs highlighting global concerns of interest to the UN.

Odds & Sods. The Edward R. Murrow Awards from the RTDNA will be handed out on October 12 in New York and CBS Radio News will receive the awards for Best Newscast and Best Continuing Coverage for the third straightcbsradionews logo year.  Outstanding coverage of the downed Malaysian airliner in the Ukraine earned CBS the Best Newscast for its July 18 edition of World New Roundup by Steve Kathan and Paul Farry.  The Continuing Coverage award was given for CBS’s yearlong reporting of the war on ISIS.….Chicago media writer Robert Feder is reporting that Cumulus Media’s news/talk WLS-AM, Chicago has secured the rights to Chicago White Sox baseball for a six-year deal that would start with the 2016 wls-am logoseason.  Currently, White Sox baseball is heard on CBS RADIO’s sports talk WSCR “670 The Score.”…..It didn’t take long for former San Diego Chargers analyst Hank Bauer to find a new gig.  The former Chargers player will join Sports USA as a play-by-play analyst for its NFL broadcasts beginning in September.  Bauer’s deal to work in the Chargers radio network booth was not renewed after 17 years…..Jon Laaser is named the new radio play-by-play man for Virginia Tech football starting this fall by rights holder IMG.  Laaser will work in the booth with color man Mike Burnop.

colmesGHRvideoAlan Colmes Recalls Playing Gunhill Road in His DJ Days.  Mainstay radio and TV talker Alan Colmes of FOX News Radio and FOX News Channel is pictured at left at Talkers New York 2015 (6/12) being interviewed for a documentary film being produced about the legendary pop/rock band Gunhill Road that he recalls from his early days as a DJ spinning rock ‘n’ roll.  The trio had a great time schmoozing with radio broadcasters from both music and talk formats at the recent mega-conference.  Gunhill Road had two FM rock radio album favorites and the hit single “Back When My Hair Was Short” in the early 1970s.  They surprised the music worldleykisGHR15 recently by releasing an unexpected album with 19 new tracks titled Every 40 Years (Gunhill Road Records) that has garnered some airplay on AC and triple-A formats as well as a ton of interviews on talk radio – talk show hosts with a taste for pop culture find the group’s personal story fascinating.  The group attended the conference to appear with various radio folk in the forthcoming documentary (“Back When My Hair Was Long”) about their extremely unlikely two-part journey from the 1970s to the modern digital era set for theatrical release in 2016 and to promote their latest single, “I’ve Got To Learn To Cry (featuring American Idol’s Julia DeMato).  Pictured above: Gunhill Road members (l-r): Glenn Leopold, Steve Goldrich and Paul Reisch with talk radio legend Tom Leykis.

wabcwpljsoftballThe Dump Buttons Start Season with Narrow Loss.  Pictured here after their first game of the season – a very close 10-9 loss to Bloomberg News – are the players on the Cumulus Media New York co-ed softball team, The Dump Buttons.  They represent hot AC WPLJ, news/talk WABC, and urban contemporary WNBM.  Top row (from l-r): the Don Imus show’s Lou Rufino, WPLJ digital/social media producer Sheila Watko, Joan Hamburg producer Matt Meany, WABC account executives Jamie Roberts and Jose Torres; and Bryce Grafton (Jayde’s boyfriend).  Bottom row (from l-r): WPLJ GSM Mary Jo Vetrano, WNBM midday host La Loca; WPLJ morning show co-host, Jayde Donovan; Curtis & Kuby producer Flipper; WABC personality Curtis Sliwa.

geraldoGolf15The 28th Annual Geraldo Golf Classic.  77WABC personality Geraldo Rivera (left) is here with honoree Steven G. Santino (right) at Monday’s Geraldo Golf Classic at Edgewood Country Club in River Vale, New Jersey.  Geraldo’s radio show was broadcast live from the event and golfers participated in contests, watched the broadcast, golfed, and enjoyed an extended cocktail hour in the evening.  All proceeds benefit Life’s WORC, which provides support and services for individuals with developmental disabilities.

Charleston Church Massacre Aftermath/Confederate Flag Controversy, Pope’s Climate Encyclical, Obama Trade Deal, 2016 Presidential Prospects, ISIS Activities, Iran Nuclear Program, White House Ransom Policy, and Skinny Jeans Hospitalization Case Among Top News/Talk Stories Yesterday (6/23). The aftermath of the Charleston church killings and the related South Carolina Confederate flag issue; the recent climate change encyclical from Pope Francis and the controversy over the beliefs of his science advisor; the revived fast-track trade bill; the activities of the 2016 presidential candidates; the military progress of ISIS and world reaction to its grisly tactics; potential cooperation between the US and Iran and the latter’s nuclear program; the new White House policy that would not legally pursue families that pay ransom for family members held by terrorist organizations; and the case of a woman hospitalized due to ill effects from “skinny jeans” were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.

Millennials, Music and Radio

| December 17, 2013

By Jerry Del Colliano
Inside Music Media
Publisher

EXCLUSIVE TO RADIOINFO AND TALKERS

delcollianoSCOTTSDALE — There are over 80 million “Millennials” coming of age the oldest of whom are already 30-years-old – 12 years older than the youngest 18-49 money demo cherished by advertisers.

Millennials have their own technology just as baby boomers had records, radio and TV.

Except technology has very little to do with the impact that “Generation Y” is making on media and just about everything else.

Sure there is Facebook that they went to college with, and Napster that helped disrupt the record business, iPads, apps, smartphones, Instagram and their latest devilish work – to unbundle cable and make Netflix the new standard for the on-demand content they, well – demand.

Radio consolidated about the time the first Millennials were in grade school and the industry just assumed that young listeners would always be there to like radio.

The music industry that consisted of old white men who were lawyers thought Napster needed to be sued out of existence – and they succeeded.

But the damage was already done.

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