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Friday, April 30, 2021

| April 30, 2021

The “Michael Harrison Wrap: An Overview of the National Conversation” Marks its Second Anniversary with This Weekend’s Show.  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, “Smokin’ a Joint Session,” looks back at this past week of April 26-30. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS magazine; Jim Bohannon, talk show host, Westwood OneThom Hartmann, talk show host, WYD MediaMartha Zoller, talk show host, WDUN, Gainesville, GA; Dom Giordano, talk show host, WPHT, Philadelphia; and Victoria Jones, executive director, DC Radio Company. The show airs each week on its flagship, WONK-FM, Washington, DC, Friday evenings at 6:00 pm ET. It also airs throughout the weekend on WTIC, Hartford; KSCO, Santa Cruz, CA; KDFD, Denver; KFNX, Phoenix; 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

KFNS-AM, St. Louis Expands Charlie Marlow’s Role in Middays. Following the exit of former 1:00 pm to 3:00 pm host Steve Savard, who recently left the station for an out-of-market television gig, sports talk KFNS-AM, St. Louis is turning over hosting of the 1:00 pm to 2:00 pm hour to Charlie Marlow, who co-hosts the lead-in show with Cam Janssen. The St. Louis Post-Dispatch’s Dan Caesar reports that the station is airing a sports gambling show from 2:00 pm to 3:00 pm, currently hosted by station general manager John Hadley. Speaking about the changes, Hadley says, “The intent is to give Cam and Charlie an opportunity to grow and also give Charlie a chance to cut it on his own merits. It’s two guys, one concept, two shows. I’m a big Janssen fan, I’m a big Marlow fan. Charlie never has been the big dog. We have the time to give him to grow into the role. He’s naturally talented with a good sense of humor and wit. He can be a big factor in this (radio) market.” Marlow also serves as a sportscaster at KTVI-TV, St. Louis.

Vicki Thomas Exits Full-Time Role at WWJ-AM, Detroit After 30 Years. There’s a nice piece in the Detroit Free Press by Julie Hinds about WWJ-AM, Detroit city beat reporter Vicki Thomas, who left her full-time position with the station yesterday (4/29) after a 30-year run with the Audacy all-news outlet. Thomas will continue to host the weekly “Black Business Minute” segment for the station. During her career Thomas has been honored by such organizations as the Detroit Press Foundation, the Michigan Associated Press and the Michigan Association of Broadcasters. She was inducted into the Michigan Journalism Hall of Fame two years ago. Thomas is also a longtime member of the National Association of Black Journalists’ Detroit chapter and credits the organization for helping her get the gig at WWJ back in 1991.

Today Is Dave Lee Day in Minnesota. Governor Tim Walz issued a proclamation making today (4/30), Dave Lee Day in Minnesota, in honor of the WCCO-AM, Minneapolis morning host who is retiring from the station after today’s program. Lee served with WCCO for more than 30 years. Lee first joined WCCO-AM as a weekend and fill-in host and gradually became part of the Charlie Boone and Roger Erickson morning show. He took over sole hosting duties of the morning show in 1997. During his career he’s also done play-by-play for the Minnesota Gophers and he filled in as a Minnesota Twins announcer from 1991 to 1996. He continues to do play-by-play for the television broadcasts of the Minnesota State High School Boys and Girls basketball tournaments, while serving as the radio voice of the University of St. Thomas football on WCCO. He’s been named Minnesota’s Sportscaster of the Year six times and has won three Emmys for his television work.

Live365 Inks Deal to Place Content on iHeartRadio. A deal between Live365 and iHeartMedia will allow for select Live365 stations to be available on the iHeartRadio platform. Calling the agreement one of the first steps in Live365’s efforts to expand its listening network, Live365 general manager Jason Stoddard says, “As we focus on growing the Live365 listening network, we are excited to announce we now have an agreement in place to list select Live365 stations on iHeartRadio’s distribution network. Being able to showcase some of our standout stations on iHeart is a testament to the hard work our broadcasters put in to programming quality stations that are not traditionally represented on the radio dial. We will continue to work with world-class distribution companies to help listeners discover the top-notch content available on Live365.”

Beasley Names Patti Taylor Director of Sales in Detroit. Radio sales pro Patti Taylor is promoted from general sales manager for Beasley Media Group’s WCSX-FM and WRIF-FM in Detroit to director of sales for the entire Detroit station group. Beasley Media Group vice president of sales Tina Murley says, “We could not be more excited to have Patti leading our sales effort in Detroit. Patti is collaborative, strategic, and extremely well respected. She is exactly what we need to drive revenue for Beasley and for our valued clients.” Taylor adds, “I’m thrilled for this opportunity to lead the sales efforts for Beasley Media Detroit. We have an unmatched team of account executives, market-leading brands, and an impressive suite of products and tools to offer advertisers today. I am truly enthusiastic for what we’ll achieve in 2021 and beyond.”

TALKERS News Notes. A new weekend program is being added to the lineup on SiriusXM’s Volume channel. “Lunch on the Deck” is hosted by Bill Evans and Jessica Ambrose and will air live at 12:00 noon each Sunday, beginning May 1. The show was first launched on Sag Harbor, New York outlet WLNG-FM in 2019. SiriusXM says the program includes “unique and exclusive interviews with celebrity guests as [Evans and Ambrose] share their stories and play music that they love. This two-hour program takes listeners on a journey of candid conversations paired with hand-picked, favorite music selected by the show’s weekly guests.”…..The GCN nationally syndicated “Dr. Daliah Wachs” show picks up new affiliate WLDS-AM, Jacksonville, Illinois.

COVID-19 Top News/Talk Story for Week of April 26-30. The COVID-19 vaccines, variants, politics and the crush of cases in India combined as the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was President Joe Biden’s 100-day address before Congress tied with Washington party politics. Following at #3 was the economy, the Biden $1.8 trillion infrastructure package, and stimulus initiatives. 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, March 31, 2021

| March 31, 2021

Watergate Co-Conspirator and Talk Show Host G. Gordon Liddy Dead at 90. Former talk radio host, author, and Watergate break-in architect G. Gordon Liddy died yesterday (3/30) in Mount Vernon, Virginia at the age of 90. Liddy’s son Tom told The New York Times that his father had been suffering from Parkinson’s Disease and had been in declining health recently. G. Gordon Liddy famously made the transition into the talk radio business in the early 1990s after then-Infinity chief Mel Karmazin heard him subbing on a talk radio show and offered him the midday show at the company’s hot talk WJFK-FM, Washington, DC – a station that at the time aired Howard Stern in mornings and Don & Mike in afternoons. Liddy’s program would later move into national syndication via Westwood One. He moved his syndication to Radio America in 2003. He retired from his regular radio program in July of 2012.

Remembering G. Gordon Liddy. On the occasion of the death of G. Gordon Liddy, TALKERS magazine managing editor Mike Kinosian presents an overview of Liddy’s colorful career based on a profile piece he wrote while serving as special features editor for the radio trade publication Inside Radio in 2004. In the piece, speaking about his radio career, Liddy told Kinosian, “I hope I’ve changed for the better and have [improved] at what I do. It’s like playing golf: The more you do something, the better you get at it. If I spend as many hours playing golf each day as I do with the radio show, I might have a fair game.” Read Kinosian’s story here.

Pictured above is TALKERS publisher Michael Harrison (left) presenting the Freedom of Speech Award to G. Gordon Liddy (right).

FLASHBACK 1995 – G. Gordon Liddy was at the Center of a Talk Radio First Amendment Award Controversy. In 1995, the National Association of Radio Talk Show Hosts (NARTSH) – a pivotal industry trade association that played an active role in the “modern era” rise of talk radio between the late 1980s through the 1990s – presented then-syndicated radio personality G. Gordon Liddy with its annual Freedom of Speech Award (the same award still presented annually by TALKERS magazine). The award was (and still is) non-partisan and has been presented over the decades to a variety of personalities ranging from Rush Limbaugh to Al FrankenMark Levin to Thom HartmannHoward Stern to Karen Hunter and Sean Hannity to Joe Madison. It has been awarded to broadcasters from both sides of the American political divide who have demonstrated through their words, deeds and courage the First Amendment in action, its purpose and how it operates.  Liddy received the award that year for facing a lot of heat in the aftermath of remarks he made on the air pertaining to the then-explosive controversy over how Americans can use their Second Amendment rights to protect themselves from armed federal agents breaking into their homes with the intent of shooting them first and asking questions later. This grew out of the activities occurring at the time prompted by the tensions building during the Branch Davidian standoff in Waco, Texas and other related tragic events involving the BATF. Needless to say, it was wildly controversial and a major test for talk radio in establishing a standard for its position on the First Amendment. The award was presented that year at the NARTSH Convention in Houston. To view Liddy’s acceptance speech at the Kennedy Space Center (including attorney and then KABC, Los Angeles talk show host Gloria Allred’s one-woman protest demonstration) please click here. To view a clip from a luncheon that took place at that same contentious convention in which convention chairman Michael Harrison stood up to U.S. Rep. Richard Gephardt (D-MO) over his call for NARTSH members to boycott the Liddy award presentation, please click here.

Update on Jail Status of ‘Free Talk Live’ Host Ian Freeman. In an interview with “Free Talk Live” co-owner, co-host, and head of sales Mark Edge, TALKERS magazine publisher Michael Harrison gets the latest on the legal status of co-host Ian Freeman and the federal government’s charges against him. Yesterday (3/30), TALKERS published a summary of the story from the Manchester Union-Leader that included news of the government’s charges against Freeman that include fraud, money laundering, and conspiracy. In addition to an update from Edge on the charges against Freeman, this interview contains some fascinating information, background, and insights into Bitcoin and cryptocurrencies. Listen to it here.

Brad Lane Returns to Twin Cities as WCCO-AM Brand Manager. Programming pro Brad Lane is named brand manager for Audacy’s news/talk WCCO-AM, effective April 19. Lane was most recently serving Good Karma Brands as director of content for news/talk WTMJ-AM and sports talk WKTI-FM/WAUK-AM “ESPN Milwaukee.” Prior to that, he spent 20 years at Hubbard Radio’s KSTP-AM in numerous capacities, including as program director. Audacy Minneapolis SVP and market manager Shannon Knoepke says, “WCCO Radio serves as an extremely important news brand for the people of the Twin Cities and the state of Minnesota who rely on us to be informative, timely, relevant and entertaining. Brad brings a wealth of experience leading content teams and his leadership and vision will be instrumental to the success of our station. We’re looking forward to adding him to the team.”

KROF, Lafayette Adds ‘Todd Starnes Show’ for Early Afternoons. The nationally syndicated “Todd Starnes Show” is added to the program lineup at Townsquare Media’s KROF-AM, Lafayette, Louisiana “TalkRadio 960” in the 12:00 noon to 3:00 pm daypart. The program will also be broadcast on the company’s sister sports talk station KPEL-AM. Both stations will also air the short-form daily program “Todd Starnes News & Commentary.”

Ramsey Show Passes One Billion Downloads Mark. Over the course of the last 15 years, “The Ramsey Show” podcast with Dave Ramsey and his team of co-hosts has surpassed one billion downloads, what the Ramsey Network says is a rare milestone reached by only a handful of podcasts in the world. In addition, callers have paid off $500 million dollars in debt since the podcast began 15 years ago. Each weekday, “The Ramsey Show” podcast produces three episodes heard across every platform. Ramsey Network EVP Brian Mayfield says, “We’re teachers at the core. And podcasts are an extremely useful medium, giving us another megaphone to reach people. We’ve never seen anything grow the way the podcast world has grown, so we see tremendous opportunity there to continue to increase our audience.”

Alpha Media’s WSGW-AM/FM, Saginaw Takes Station of the Year Honors. Saginaw, Michigan news/talk outlet WSGW-AM/FM “100.5 & 790 Newsradio” is named Medium Market Station of the Year by the Michigan Association of Broadcasters. This is the seventh time the Alpha Media station has earned Station of the Year honors from the MAB. Operations manager, Dave Maurer states, “This past year was challenging in our part of Michigan with a devastating flood that hit in May and captured the headlines for much of the year. This was on top of the COVID-19 pandemic and the 2020 elections which were huge stories that demanded much of our staff’s focus. We are pleased that our team’s performance has won recognition for the quality of content gathered in difficult circumstances.” In addition to Station of the Year, WSGW won 12 other awards including six Best of Show and six Merit Awards in the MAB Broadcast Excellence Awards competition.

Jaleigh Long Officially to Lead Cox Media Group Atlanta and Athens. Sales and management pro Jaleigh Long has been interim market manager for Cox Media Group’s Atlanta and Athens, Georgia markets since earlier this year and now the company officially appoints her VP and market manager. The clusters include news/talk giant WSB-AM/WSBB-FM, Atlanta; news/talk WGAU-AM/W254CJ, Athens; sports talk WREF-AM, Athens “960 The Ref”; and seven music brands. Long comments, “I am abundantly proud and honored to lead this group of industry-defining stations. The great work we do in all areas of the business every day is making an impact on our audiences, advertisers, and communities we serve. The power of radio is exhilarating and fortunately we get to experience that firsthand each day through the powerful programming, compelling promotions, and important community initiatives that define and underscore CMG’s purpose.”

Keith Lawless to Lead Cox Media Group’s Tampa and Houston Markets. Broadcast executive Keith Lawless is promoted to regional vice president of Cox Media Group Tampa + Houston. He’s been serving as VP and market manager for the company’s Tampa cluster since 2009. Cox Media Group Radio SVP Rob Babin comments, “I am thrilled to announce Keith Lawless as regional vice president over two of CMG Radio’s key markets, CMG Tampa and now CMG Houston. Keith has demonstrated an unwavering commitment for many years and has made an incredible impact on CMG Tampa and successfully led many CMG Radio strategic initiatives. His passion for his team, CMG Radio, and our industry make him the ideal leader to take on the role of RVP.”

Tampa Radio Figure Tedd Webb Dies at 72. Longtime Tampa radio personality Tedd Webb died on Tuesday (3/30), a week after entering hospice following a long illness. WFLA-AM reports Webb’s passing, noting that he was a host at the station for more than 30 years. He co-hosted the “AM Tampa Bay” program with Jack Harris beginning in 1994 and ending in 2017 when Webb retired. Webb was born Henry Ruiz – son of Cuban immigrants – in Tampa and began his radio career at the age of 14. He was a music DJ for the first 15 years of his career before transitioning to talk. He hosted a sports talk show, worked with Nanci Donnellan “The Fabulous Sports Babe,” and as part of WFLA’s “Gardner and Company” morning show before partnering with Harris for “AM Tampa Bay.”

COVID-19 Stats/Variants/Vaccines, WHO COVID Report, Biden Stimulus-Infrastructure Plan, Violence Against Asians, Border Crisis-Immigration Policy, Derek Chauvin Trial, Voting Legislation, Trump Website, and Matt Gaetz Allegation Among Top News/Talk Stories Yesterday (3/30). The number of COVID-10 cases in the U.S., concerns about variants, and the rollout of vaccines; scrutiny of the WHO COVID origin report and criticism of China’s cooperation; President Biden’s $2 trillion economic stimulus and infrastructure plan; the brutal beating of a 64-year-old woman in New York and more reports of assaults on Asian Americans; the crush of unaccompanied children at the U.S.-Mexico border and the Biden administration’s immigration policy; the trial of former Minneapolis police officer Derek Chauvin in the death of George Floyd; Georgia’s new voting rules and the Democrats’ push for expanded voting rights laws; Donald and Melania Trump launch a new website; and the allegations against U.S. Rep. Matt Gaetz of sexual relations with a minor were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Wednesday, February 24, 2021

| February 24, 2021

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

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

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

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

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

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

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

Tuesday, February 2, 2021

| February 2, 2021

iHeartMedia Launched ‘Business 99.1 FM’ in Salt Lake City. The Salt Lake City market now has a full-time business talk station as iHeartMedia begins simulcasting “Business 99.1 FM” on KJMY-HD2/K256AE using content from Bloomberg Radio. iHeartMedia Salt Lake City says, “‘Business 99.1 FM’ will feature ‘Bloomberg Daybreak’ and ‘Bloomberg Businessweek’ to keep listeners informed on national and global economic climates as well as notable Bloomberg hosts including Lisa Abramowicz, Jonathan Ferro, and Carol Massar. The station will also provide in-depth interviews with some of the world’s most successful business executives and analysts.” iHM Salt Lake City market president Stu Stanek adds, “Because market news from across the world can impact our Utah economy, we are proud to offer content and analysis to help keep investors and business owners informed. Partnering with Bloomberg Radio, a leader in business and financial news, makes for the perfect formula in building a great audience for our advertisers.”

Round Two of Holiday 2020 PPM Ratings Takeaways. TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from the second round of Nielsen Audio’s Holiday 2020 PPM survey that covered the period of December 3 – January 6. Traditionally, the Holiday PPM survey reveals a significant drop off in listening for news/talk and all-news stations due to altered listening habits during the holiday season. This year, due to the post-election chaos, many news/talk stations either didn’t see a dramatic drop in weekly, AQH share or even saw an increase. In Detroit, Cumulus Media’s news/talk WJR-AM dipped just four-tenths to a 4.2 share and the #9 rank. Entercom’s WCCO-AM, Minneapolis added five-tenths to finish with a 5.2 share good for the #5 rank. In San Diego, iHeartMedia’s news/talk KOGO was up two-tenths to wrap the survey with a 5.1 share and climbs from #6 to #4. See Mike Kinosian’s complete Ratings Takeaways report for this round of markets here

The Trevor Carey Show Returns to KFIV, Modesto for Afternoon Drive. Joining iHeartMedia’s KFIV, Modesto “PowerTalk 1360” is Trevor Carey, who is hosting the 4:00 pm to 6:00 pm slot in afternoon drive. Carey served as a host on the station in 2015-16 and the station says Carey will interview “a variety of well-known national guests including the movers and shakers from Sacramento, Fresno, and the entire San Joaquin Valley.” On his return to the station, Carey says, “It’s great to be back on KFIV to reconnect with all my listeners in the Modesto area. They are some of the most politically active people in the state, and if I may say, GREAT CALLERS! I’m energized to bring my message back to these fine folks.”

SiriusXM Reports 2020 Q4 and 2020 Full Year Financial Statements. While SiriusXM reports revenue of $2.19 billion for the fourth quarter of 2020, it also is reporting a loss of $677 million for the quarter, compared to the income of $243 million it reported in the fourth quarter of 2019. For the whole of 2020, revenue was $8.04 billion, an increase of 3% over 2019. SiriusXM reports income of $131 million for 2020 compared to income of $914 million reported for all of 2019. The company says the decrease in net income was a result of a $976 million non-cash impairment charge associated with Pandora. SiriusXM CEO Jennifer Witz says, “SiriusXM turned in strong operating and financial results in 2020: we grew SiriusXM self-pay subscribers, revenue, adjusted EBITDA, and free cash flow despite the pandemic. Our new car penetration reached approximately 80% in the fourth quarter and is set to rise above 80% this year, and the incorporation of 360L, our next generation in-car entertainment platform, is accelerating. SiriusXM, Pandora, and Stitcher, together with our investment in SoundCloud, now reach an audience of more than 150 million people. We are bolstering our position as North America’s leading audio entertainment company with new innovative talk shows and podcasts, streaming music channels targeting younger audiences, and extended deals with major media brands, such as NBCUniversal News Group.  We signed an exclusive audio agreement with The Masters and secured additional digital sports rights with the NFL and NBA to benefit our streaming products. We are also thrilled Howard Stern extended his agreement to continue live broadcasts of his amazing show.”

Connecting Communities Through Radio. This Saturday evening (2/6), Boston public radio station WGBH and The Huntington Theatre Company are presenting a radio broadcast of the play Tiger Style! by Mike Lew. WGBH general manager for news Pam Johnston says, “The pandemic has challenged us to find new ways to build community and connections. Although this often means gathering in digital spaces, radio has emerged as a vital player in the local community, with the power to connect audiences around a shared experience.” The station is partnering with the Massachusetts Restaurant Association for a “tune in and take out” campaign encouraging listeners to order take out from their favorite restaurant to eat while they enjoy the production. Read more here.

TALKERS News Notes. There are a number of staff additions at Skyview Networks as Kristin Krahl is named director of network sales, Nicholas Maniscalo and Hailey Hole become managers of traffic audio, Chuck Rowe and Julie Whitlow join as managers of production services, Lani Martinez becomes manager of business analytics and executive services, and Thor Black is appointed associate of research. Additionally, the company retains the services of Ron Rivlin and Chris Martinez for affiliate sales and Raul “Rico” Colindres as vice president of content development and syndication…..Hubbard Radio’s WTOP News and PodcastOne announce the return of the award-winning podcast, “American Nightmare Series.” The new season titled, “American Nightmare Series: Murder in a Safe Place,” debuts on February 22 and focuses on a cold case that has haunted the D.C. region for over 23 years – the brutal rape and murder of 50-year-old nurse Sherry Crandell inside the hospital where she worked. Veteran D.C. crime reporter Paul Wagner hosts the podcast in which he speaks with Crandell’s children, former colleagues, and the detective who has been in charge of this case since the beginning. Wagner also brings to light evidence that has never been made public before this podcast…..iHeartMedia partners with Propagate Content and Brian Baumgartner, the actor behind The Office’s Kevin Malone, to co-produce the new podcast, “The Office DeepDive with Brian Baumgartner.” Each week, Baumgartner will be joined by his former coworkers and pals, including: Steve Carell, John Krasinski, Rainn Wilson, Jenna Fischer, Angela Kinsey, and writer, director & creator Greg Daniels…..SiriusXM is celebrating Black History Month via programming on its talk and comedy channels. SiriusXM Urban View will feature specials including Joe Madison hosting a virtual event with the Ford Men of Courage National Leadership Forum in partnership with Morehouse College. Pulitzer Prize-winning journalist, professor, publisher, and SiriusXM host Karen Hunter will feature an original content series, “Black History Changemakers,” weekdays this month showcasing Black heroes and hidden figures in history, science, law, banking, politics, sports, TV, film, music, and more. This special daily segment can be heard on “The Karen Hunter Show.”…..Public radio news/talk WNYC, New York announces that Michael Hill is named the new voice of “Morning Edition.” He was most recently with New Jersey PBS station NJTV/NJ Spotlight News where he has worked as anchor, correspondent, and multimedia journalist since 2014. WNYC also announces that Sean Carlson moves from interim to permanent host of “All Things Considered” on the station. He takes over for Jami Floyd, who left the role to lead the company’s new Race & Justice unit…..Radio America announces that the Chad Benson Show adds new affiliate WSKY-FM, Gainesville, Florida which is airing the program from 9:00 pm to 11:00 pm.

COVID-19/Vaccine Rollout, Biden and GOP COVID Stimulus Deals, Trump Impeachment, GOP Election Deniers/‘Country First’ Drive, GameStop Trading/Financial Markets Activity, and Myanmar Coup Among Top News/Talk Stories Yesterday (2/1). The number of COVID-19 cases in the U.S., the death toll and the rollout of the vaccines; the negotiating in Washington between the Biden and GOP COVID stimulus deals; the February 9 impeachment of Donald Trump; the Republican election deniers and the “Country First” move being launched by U.S. Rep. Adam Kinzinger; the Reddit crowd trading of GameStop, AMC and silver, and the world’s financial markets activity; and the Biden administration’s response to the Myanmar military coup were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

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.”