Beasley Reports Q2 Net Revenue Down 53.7%. The second major radio group to report its second quarter 2020 financial numbers (Urban One reported last week) is Beasley Broadcast Group and the company says that net revenue was $30.4 million – a decrease of 53.7% from the same period in 2019. It reports an operating loss of $17.6 million, compared to Q2 2019’s operating income of $10.7 million, and a net loss of $18.2 million, compared to Q2 2019’s net income of $4.3 million. Beasley CEO Caroline Beasley states, “While Beasley had a strong start to the year, a sharp decline in commercial advertising occurred in the second quarter with the onset of the COVID-19 pandemic. Beasley’s financial results for the three-month period ended June 30, 2020 reflect the economic pressures we experienced across our business as local and national advertisers adapted their media plans to meet the unique challenges of the pandemic. While we saw sequential month-over-month improvement in our commercial advertising revenue performance from April to May, and from May to June, our total net revenues for the second quarter decreased nearly 54%, which is in line with reported overall industry levels. To address the reduction in traditional advertising revenue that has occurred as a result of the pandemic, during the second quarter, we quickly implemented several changes across the company, including reducing operating expenses and corporate overhead and realigning our company-wide cost structure to preserve cash. As a result, Beasley’s second quarter total operating expenses declined by 12.7%, and year-to-date, we have taken approximately $26 million out of our cost structure. In addition to these actions, as part of our response, we have taken proactive steps to accelerate our digital transformation initiatives and revenue diversification strategies, and to become a leaner and more efficient organization, with the goal of growing our market leadership position across our stations, our digital operations, and our esports interests. We believe these steps will allow us to emerge from the pandemic as a stronger company. In addition, during the second quarter, Beasley entered into an agreement to amend the financial covenants and other provisions under our credit agreement to support our liquidity and capital structure as we manage the business through the pandemic.”
Round One of July PPM Ratings Released. The first of four rounds of ratings data from Nielsen Audio’s July 2020 PPM survey has been released for 12 markets including: New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island), Riverside-San Bernardino-Ontario, San Jose, and Middlesex-Somerset-Union (New Jersey). Nielsen’s July 2020 survey period covered June 18 – July 15. You can see all the 6+ data from subscribing stations here. Also, today TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways for this group of markets. Both of Entercom’s New York all-news outlets lose ground. WINS dips four-tenths to a 3.8 share and the #7 rank in the market and WCBS-AM is off six-tenths and finishes ranked #14. In Los Angeles, iHeartMedia’s news/talk KFI gains three-tenths to finish the July 2020 survey with a 4.7 share and the #2 rank. Entercom’s Chicago all-news WBBM-AM/WCFS-FM adds one-tenth for a 7.0 share and finishes at #1 for the sixth straight survey. Across town, Nexstar’s WGN-AM drops eight-tenths to a 3.3 share and ranks #9 in the market. Cox Media Group’s WSB-AM/WSBB-FM, Atlanta adds two-tenths for a 10.6 share and takes the #1 rank for the 13th straight survey. See Mike Kinosian’s complete report here.
Former KNBR, San Francisco Host Ralph Barbieri Dies at 74. Bay Area sports talk radio legend Ralph Barbieri died on Monday (8/3) at age 74 after a long battle with Parkinson’s disease. The San Jose Mercury News reports his passing at his home in Novato, California. Barbieri – dubbed “The Razor” for his raspy voice – worked with Tom Tolbert in afternoons as “The Razor and Mr. T” for 15 of the 28 years he served with KNBR, San Francisco. He was diagnosed with Parkinson’s in 2005 and kept it to himself until 2011. He was let go by Cumulus Media in 2012 and sued the company complaining that he was fired because of his age and his health condition. The suit was later settled confidentially.
COVID-19 Statistics & Projections/Mask Debate, Stimulus Package, Presidential Race/Primary Elections, BLM/Portland Protests, Microsoft-TikTok Deal, Manhattan DA’s Trump Investigation, Isaias/Apple Fire, and Pro Sports Leagues Among Top News/Talk Stories Yesterday (8/3). The rising number of positive COVID-19 cases in numerous U.S. states, projections for future cases, and the ongoing debate over wearing masks in public; the status of the GOP-crafted stimulus bill; the November presidential election and today’s primary races in five states; the Black Lives Matter movement and the ongoing clashes in Portland; the battle over the app TikTok and the potential sale to Microsoft; the Manhattan DA’s investigation into the Trump Organization; Tropical Storm Isaias makes landfall and Southern California’s Apple Fire; and U.S. pro sports leagues navigate positive COVID-19 tests from players and coaches were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
TALKERS News Notes. The New York Post reports that ESPN’s NYC O&O WEPN-FM’s new program schedule will include the first three hours of the ESPN Radio morning drive show “Keyshawn, Jay and Zubin” starring Keyshawn Johnson, Jay Williams, and Zubin Mehenti. The local show hosted by Rick DiPietro, Chris Canty, and Dave Rothenberg moves to the 9:00 am to 11:00 am slot, followed by the local Bart Scott and Alan Hahn show from 11:00 am to 1:00 pm. WEPN will air the second hour of Mike Greenberg’s network show, “Greeny,” from 1:00 pm to 2:00 pm and the first hour of the network’s Max Kellerman show from 2:00 pm to 3:00 pm. The Michael Kay show remains from 3:00 pm to 7:00 pm and Chris Carlin continues hosting the evening show…..FOX Sports Radio is launching a new iHeartRadio original daily podcast called, “Straight Fire with Jason McIntyre” on the iHeartPodcast Network. The podcast features FSR weekend host and FS1 contributor Jason McIntyre “providing bold opinions on the biggest stories in sports, including the day’s major sports betting topics.” McIntyre says, “I’m beyond thrilled to have this podcast opportunity. I can’t wait to bring my unique enthusiasm and passion to the platform at a time when America’s appetite for sports is at an all-time high.”…..Cox Media Group’s WOKV-AM, Jacksonville “ESPN 690” – via rightsholder Learfield IMG College – solidifies its place as the official Jacksonville station for Florida State University sports play-by-play. The new deal means “ESPN 690” will broadcast live all football and men’s basketball games for the upcoming 2020-21 athletics season…..Entercom’s Cadence13 unveils an exclusive podcast partnership with veteran NBA star JJ Redick and his new podcast company ThreeFourTwo Productions that will launch his new show, “The Old Man & the Three,” from the NBA bubble in Orlando. The weekly show is being co-hosted by writer and producer Tommy Alter…..Talk host Tom Donahue announces that his program is now a weekly show and is being aired on new affiliate WFYL, King of Prussia, Pennsylvania…..iHeartMedia is working with FlynnPictureCo., Psychopia Pictures, and UpperRoom Productions to produce the original, 10-part sci-fi podcast “There Be Monsters” that will be available on the iHeartPodcast Network. The podcast stars John Boyega and Darren Criss. Boyega plays Jack Locke, the mysterious hero with a vendetta who infiltrates a Silicon Valley body-hacking startup run by an enigmatic CEO Max Fuller, played by Criss, whose highly secretive creations promise to enhance human biology in incredible ways – but every drug has a side effect…..SiriusXM announces it is airing comprehensive play-by-play and talk coverage of the 2020 PGA Championship, taking place August 6-9 at TPC Harding Park in San Francisco. It will be golf’s first major championship played in 2020 due to schedule adjustments made necessary by the COVID-19 pandemic and SiriusXM will bring listeners inside the ropes with a team of broadcasters calling the action both from remote studio locations and on site at TPC Harding Park.
Entercom Partners with Vewd to Expand Smart TV Footprint. The digital platform RADIO.COM is expanding in the smart TV sphere as Entercom enters into a relationship with smart TV OTT software provider Vewd. Entercom says that as part of the partnership, “tens of millions of smart televisions, including Sony, Philips and Hisense, will have access to RADIO.COM, the exclusive digital home for all Entercom content across its leading portfolio of over 230 stations, along with hundreds of affiliate stations, thousands of top podcasts, live and on-demand video, and premium content across local and national news, entertainment, music and sports in markets all across the U.S.” Entercom VP of corporate business development David Rosenbloom says, “Connected televisions and smart home devices are the fastest growing segment of RADIO.COM’s rapidly growing audience, with significant demand from both consumers and advertisers. By partnering with Vewd, who powers tens of millions of leading-brand smart televisions, users now have our robust library right at their fingertips.”
Music Radio News and Career Moves. In Los Angeles, Entercom’s six-station cluster has begun the fundraising campaign called “RADIO.COM’s Feed Our Families,” in partnership with the Los Angeles Unified School District. The month-long, text-to-donate fundraiser benefits local students and families in need. Entercom regional president Jeff Federman says, “Schools are a primary source of meals not only for many students but for their family members as well. We’re delighted to partner with Los Angeles Unified School District to amplify our stations’ collective voice so no child or family member in Southern California goes hungry during these unstable times. We look forward to actively promoting the organization’s selfless efforts over the next month and using our platforms to serve our communities.”…..Atlantic Gateway Communications’ Christian contemporary WGTS-FM, Washington, DC held its popular Summer Concert Series at Tysons Corner Center virtually this year since rule wouldn’t allow listeners to congregate in the outdoor plaza venue. The WGTS team shot part of the concert in advance at the plaza at the mall. Part of the concert came from Matthew West’s “Story House” and the rest of the concert was hosted from the WGTS video studio. WGTS music director and webmaster Rob Conway says, “This was something we’ve never done before, so it made us a little nervous. Thankfully all of the technical details came together and it turned into a great listener experience.”…..Premiere Networks announces today that “CMT After MidNite with Cody Alan” is joining American Forces Network (AFN) and will air from 12:00 midnight to 5:00 am.
Dimick Promoted to VP, Programming Operations, Cumulus Radio Station Group. Programming pro John Dimick is upped from his VP, programming operations position with Cumulus Media to the newly created position of senior vice president, programming operations, Cumulus Radio Station Group. In his new role, Atlanta-based Dimick will lead Cumulus’ team of vice presidents, programming operations, and 11 format specialists across the company. He will continue to report to Cumulus EVP, Content and Audience Brian Philips, who says, “In my first year, John has proven himself to be an indispensable partner in the leadership of this programming group. He is gifted with the intuition, pragmatism, and patience to see us to greatness. This move validates the hard-earned trust and confidence John enjoys within our entire company.” Dimick comments, “Cumulus programming professionals are passionate about radio and understand the value of locally programmed and community involved stations. I am honored to assist Brian Philips in leading our team in this new position while continuing to learn from the best minds in our industry. I’m pleased to work with Mary Berner, Dave Milner, Bob Walker, and especially Brian Philips as Cumulus continues to reinvent the audio entertainment landscape.” Dimick joined the company in 2016.
WBBM-AM/WCFS-FM, Chicago’s Felicia Middlebrooks to Leave All-News Outlet; Will Launch New Multimedia Platform. Morning drive news co-anchor Felicia Middlebrooks announces via a Facebook post that she is leaving Entercom’s all-news WBBM-AM/WCFS-FM, Chicago on May 29 after almost 36 years in the morning drive position. She says she’s “not retiring, I’m rewiring” and will focus full time on her Saltshaker Productions company developing a multimedia platform that will include “documentaries and feature films, audiobooks and other projects.” Her first project is a podcast titled, “She Matters,” that focuses on empowering women. She says her exit from WBBM is completely her decision and, in fact, is something she’s been planning for “nearly a decade.” She concludes her post saying, “I also could not have imagined announcing this life change in the midst of a global pandemic. That said, I can tell you that I believe newsradio will always be relevant, dependable and necessary as we all navigate what’s next. Those in medicine are at the forefront of battling COVID-19 and journalists are on the frontlines, disseminating vital information to the public. In a constantly changing world, I can promise you I’ll still be telling stories — stories that heal, elevate, enlighten and connect us. Truth matters. Always has, always will.”
Round Two of April PPM Ratings Released. The second of four rounds of ratings information from Nielsen Audio’s April 2020 PPM survey has been released for 12 markets including Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis. Nielsen’s April 2020 survey period covered March 26 – April 22. You can see all the weekly, 6+ AQH share numbers from subscribing stations here. The COVID-19 pandemic has contributed to more listening for news/talk – both commercial and non-commercial – and all-news stations and that trend continued during the April survey. In Washington, DC, Cumulus Media’s news/talk WMAL-FM rockets to #1 on the strength of a 2.2 share increase giving it a 10 share. It bested Hubbard Radio’s all-news WTOP-FM, which backslid to a 7.7 share and the #3 rank. iHeartMedia’s news/talk WRKO, Boston adds 2.5 shares for a 5.3 share finish and the #5 rank while sister all-news WBZ-AM, Boston dips one-tenth to a 6.3 share and the #4 rank. Bonneville’s KIRO-FM, Seattle adds nine-tenths to rise to a 6.9 share and repeating at #1. In Detroit, Cumulus Media’s news/talk WJR-AM jumps 1.9 shares for a 4.8 share and the #4 rank and Entercom’s all-news WWJ-AM tacks on six-tenths to remain at #1 with a 6.4 share. Bonneville’s KTAR-FM, Phoenix moves to #3 on the strength of a 1.5 share increase that gives it a 6.1 share. And in Baltimore, Hearst’s WBAL-AM rises to #3 after a nine-tenths jump to a 6.0 share. You can see all of TALKERS magazine managing editor Mike Kinosian’s Ratings Takeaways from the April PPM survey here.
Winners of Regional Murrow Awards Named. Yesterday, TALKERS featured some of the stations that won honors in the Regional Edward R. Murrow Awards from the Radio Television Digital News Association. Here are some more stations that were recognized: Sinclair Broadcast Group’s all-news KOMO-AM/FM, Seattle won three regional Murrow awards including: Best Newscast (Morning Drive) with Gregg Hersholt & Manda Factor; Breaking News (Lake City Shooting, Afternoon Drive) with Rick Van Cise & Elisa Jaffe; and Best Continuing Coverage (Boeing, Year of Crisis). KOMO-AM/FM program director Rick Van Cise says, “KOMO Newsradio has once again been honored with one of the most prestigious prizes in journalism which is a testament to our news team’s great work every day.” Entercom all-news and news/talk stations won 23 Regional Edward R. Murrow Awards in nine markets: WBEN-AM, Buffalo wins for Overall Excellence, Multimedia, and Newscast (September 5, 2019); WBBM-AM/WCFS-FM, Chicago wins for Breaking News Coverage (Chicago Teachers Strike), and Newscast (July 16, 2019); KRLD-AM, Dallas wins for Overall Excellence and Newscast; KNX-AM, Los Angeles wins Overall Excellence; WCCO-AM, Minneapolis wins Excellence in Sound (The Power of Music); WCBS-AM, New York wins Overall Excellence and Excellence in Video (The Sweet Spot: Carmine Street Guitars); WINS-AM wins Breaking News Coverage (Jersey City Shootout), Excellence in Social Media (PRIDE), and Newscast; KYW-AM, Philadelphia wins Excellence in Sound (Gone Cold: Jennifer Tong), Multimedia, and Sports Reporting (Living with epilepsy doesn’t slow down Temple lacrosse star Maddie Gebert); KCBS-AM, San Franciso wins Hard News (The High Price Of Housing) and Newscast (9am, 10/24/19); and KMOX, St. Louis wins Excellence in Sound (It’s Your Birthday!), Hard News (Xavier Usanga Has a Name) and Newscast (8:00 am 4/30/19). Hearst Radio’s WBAL, Baltimore wins Breaking News and Excellence in Writing (Josh Spiegel).
EMF Launches Podcast Initiative. Religious broadcaster Educational Media Foundation – parent of K-LOVE, Air1, and WTA Media – is preparing to launch a new podcasting platform called Accessmore that features a growing library of on-demand, faith-based podcasts. It will feature nationally known Christian teachers, authors, speakers, and entertainers sharing content designed to inform and inspire. Some of the podcasts include: “Dare to Be” with Grammy-nominated singer Natalie Grant and Charlotte Gambill; “Equip and Empower” from Christine Caine; “Hey, It’s the Luskos with Levi and Jennie Lusko”; Rebecca St. James Family & Friends; and “Into the Portal” from Elevation eKids. EMF CEO Bill Reeves says, “Since joining EMF last year, we’ve been developing opportunities in new media to reach more people with quality, faith-based content. We were already among the top 10 U.S.-based audio streaming companies. Accessmore is the next major step into that burgeoning segment.”
Statistics and Projections, Re-Opening Controversy/Fauci Warning, $3 Trillion House Aid Bill, Michael Flynn Case, SCOTUS Trump Taxes Arguments, U.S.-China Relations, and MLB Play Plans Among Top News/Talk Stories Yesterday (5/12). The number of confirmed COVID-19 cases in the U.S., the number of deaths, and projections about future infections; concerns about the gradual re-openings taking place in some states and Dr. Tony Fauci’s warning that cases will likely spike; House Speaker Nancy Pelosi files a $3 trillion air bill; a Superior Court judge mulls whether the DOJ can drop the Michael Flynn charges plus allegations of the Obama administration’s role in implicating Flynn; the Supreme Court arguments over President Trump’s efforts to block disclosure of his tax returns; accusations by China and the U.S. that the other is responsible for the coronavirus pandemic; and Major League Baseball announces plans to start season in July were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
45th Annual Gracie Award Winners Announced. The Alliance for Women in Media Foundation announces the winners of the 45th annual Gracie Awards. The Gracies recognize exemplary programming created by, for and about women in radio, television, and interactive media. Honorees are selected in national, local and student markets, including both commercial and non-commercial outlets. AWMF executive director Becky Brooks says, “Our leadership is proud to honor the best of the best who embody the spirit and intention of the Alliance for Women in Media Foundation’s Gracie Awards. We want to thank those on the front lines telling the important stories still impacting our world. It is our distinguished honor to recognize the reporters, hosts, producers and media executives who are working to ensure the public is informed. We know everyone in media has been impacted in some way, and we continue to salute this outstanding list of honorees for their award-winning passion, energy and perseverance.” Radio National Honorees from commercial outlets include: Carla Ferrell, “The Steve Harvey Morning Show” Premiere Networks; Elaina Smith, “Nights with Elaina” Westwood One; Jayde Donovan, “The Jayde Donovan Show” Westwood One; Liana Huth, “I’m Listening” Entercom Communications; Michelle Collins, “The Michelle Collins Show” SiriusXM; and Michelle Franzen, “The NICU Cuddler” ABC News. Radio Local Honorees from commercial outlets include: Angela Martinez, “The Angie Martinez Show” WWPR, New York; Brigitte Quinn, WINS, New York; Carla Rea, “The Mike and Carla Morning Show” Beasley Media Group; Chris Rollins, WPST, Trenton, New Jersey; Cooper Lawrence, “WOR Tonight,” WOR, New York; Deborah Honeycutt, “Jim, Deb & Kevin” Cumulus Media; Heather Hunter, “Mornings on the Mall,” WMAL-AM/FM, Washington; Jenn Hobby, “Jenn & Friends,” WSTR, Atlanta; Katie Neal, WNSH, New York; Mary Walter, WMAL-AM/FM, Washington; Meghan Lane, “The Big Ape Morning Mess,” WAPE, Jacksonville; Nancy Wilson, WHKO-FM, Dayton; Rebekah Maroun, “Matty In The Morning,” WXKS-FM, Boston; and Shannon Farren, “Gary and Shannon Show,” KFI, Los Angeles.
Music Radio News and Career Moves. Radio broadcasters Cox Media Group, Alpha Media, Beasley Media Group, Hubbard Radio, Neuhoff Media, and Townsquare Media are joining BMI and some of country music’s top songwriters to present, “A Salute to Songwriters,” a radio concert to benefit the MusiCares COVID-19 Relief fund this Saturday, May 16, at 7:00 pm. The three-hour, commercial free benefit concert will be co-hosted by country superstar Luke Bryan and feature some of the songwriters behind country music’s biggest hits straight from their living rooms and home studios. The lineup includes Dallas Davidson and Rhett Akins, Jon Randall and Jessi Alexander, Luke Dick and Jeff Hyde, Brandon Kinney and Clint Daniels, Barry Dean and Natalie Hemby as well as Dylan Altman and Wynn Varble. Proceeds will benefit songwriters who have been impacted by the COVID-19 pandemic through the MusiCares COVID-19 Relief Fund. The concert will be broadcast on more than 100 country radio stations across the six media groups…..The SupeRadio syndicated “Most Requested Live with Romeo” program celebrates its 10th anniversary. The Saturday evening live program is hosted by Tim “Romeo” Herbster. SupeRadio president Eric Faison says, “From the very beginning, ‘MRL’ has been one of SupeRadio’s elite programs, and we’re excited to continue to partner with the most interactive and social media-driven radio show in the world for the next 10 years.”