Radio HOF Announces “Class of 2019.” The nine newest members of the Radio Hall of Fame who will be inducted at a November 8 ceremony in New York City’s Gotham Hall are: Sean “Hollywood” Hamilton; Harry Harrison; Kevin Ryder & Gene “Bean” Baxter (“Kevin & Bean”); Joe Madison; Jim Rome; Ryan Seacrest; John Tesh; and Dr. Ruth Westheimer. Radio HOF chair Kraig Kitchin remarks, “I am especially proud to welcome these individuals into the Radio Hall of Fame. Their on-air performances and audience relationships are especially remarkable. Each of our 2019 nominees [is] worthy of induction. I’m appreciative of all those who participated in our process of selecting our Class of 2019, who will join the 238 Radio Hall of Fame inductees already recognized for their great work.” Sean “Hollywood” Hamilton does afternoon drive on iHeartMedia New York rhythmic CHR WKTU “103.5 KTU” and his “Weekly Top 30 Countdown” is syndicated by Premiere Networks. Harry Harrison (“Longstanding Local/Regional, 20+ years”) was a mainstay New York City morning talent on WMCA, WABC, and WCBS-FM. Kevin and Bean (“Active Local/Regional, 10+ years”) have been overseeing mornings on Entercom Los Angeles alternative KROQ. Joe Madison – “The Black Eagle” – is heard on SiriusXM’s “Urban View” channel. Jim Rome (“Longstanding Network/Syndication, 20+ years”), whose show was called a “freaking jungle” by a listener – and the term stuck – airs on CBS Sports Radio. Ryan Seacrest’s multi-platforms include mornings on iHeartMedia Los Angeles CHR KIIS “Kiss-FM” and Premiere Networks’ “On Air with Ryan Seacrest,” and “American Top 40 with Ryan Seacrest.” John Tesh (“Active Network/Syndication, 10+ years”) hosts Compass Media Networks-syndicated “Intelligence For Your Life.” Meanwhile, “The Dr. Ruth Show” was heard on NBC Radio and she hosted “Sexually Speaking” on New York City’s WYNY. Four inductees were determined by a voting participant panel comprised of nearly 1,000 industry professionals. Another four were voted on by the Radio Hall of Fame Nominating Committee, two with input from the public. The outcome of the listener vote for a music format and spoken-word format on-air personality counted as one vote among the committee votes. The Radio HOF voting process was administered by Votem and overseen by the certified public accounting firm Miller Kaplan Arase LLP.
Monday Memo: “Hollywood,” Co-starring AM Radio. The Los Angeles Times calls “Once Upon a Time…in Hollywood” “the year’s first surefire Oscar Best Picture nominee.” And the soundtrack — assembled after writer/director Quentin Tarantino listened to 14 hours of 1969 KHJ airchecks — may also grab a statuette. In this week’s column, consultant Holland Cooke’s panel explains what made radio so “sticky” then, and what it would take to reclaim the foreground on today’s crowded audio landscape. Read his column here.
Karem’s Press Pass Suspended. The White House Correspondents Association is “closely monitoring” the White House press secretary’s decision to suspend for 30 days the pass of CNN political analyst Brian Karem. Association president Jonathan Karl states, “We sincerely hope this White House does not again make the mistake of revoking a reporter’s hard pass. The WHCA has stood up to violations of due process rights before and we stand ready to safeguard those rights for all reporters who work to hold our government accountable.” CNN’s Brian Stelter reports the suspension letter Karem received specifically cited the confrontation he got into with former Trump aide/Salem Radio Networks talk host Sebastian Gorka at the White House social media summit a few weeks ago. Via Twitter, Gorka writes, “From this day forth the punk @BrianKarem will be called Brian Karma.” Meanwhile, on that same social media platform, Karem notes that he intends to appeal the White House’s decision. TALKERS publisher Michael Harrison spoke with Gorka moments after that summit wrapped. That conversation is archived here on the TALKERS website (Friday, July 12, 2019).
Beasley Broadcast Group Q2 Net Revenue Increases 6.5%. The $4 million (6.5%) year-over-year gain (to $65.7 million) during the three months ended June 30 reflects increased revenue in Beasley Broadcast Group’s Philadelphia cluster, primarily due to the September 2018 acquisition of country WXTU, and increased revenue from its Boston stations. Net revenue for the three months ended June 30 was comparable to net revenue for the same period in 2018 at the company’s other clusters. Chief executive officer Caroline Beasley comments, “The strategic and financial benefits of our initiatives to further expand and diversify Beasley’s broadcast and digital platform are evident in our second-quarter financial results and further highlights the progress we are making to reinforce and grow Beasley’s leadership position across all audio platforms in our markets. Record second-quarter net revenue of $65.7 million was driven by the strength of our station clusters in three of our top five largest revenue markets, as well as contributions from recent acquisitions and more than offset approximately $1 million in combined political and United States Traffic Network (USTN) revenue recorded in the comparable 2018 period, which was non-recurring in 2019.” In June, Beasley Broadcast Group entered into a definitive agreement with Urban One to acquire Detroit’s WDMK and three translators used to broadcast WDMK’s HD2 signal for $13.5 million. Caroline Beasley notes, “This transaction is expected to be immediately accretive to Beasley’s free cash flow, excluding one-time transaction costs. The acquisition of WDMK-FM and the WDMK-HD2 translators represent a strategically and financially compelling growth opportunity for our shareholders and further enhances our revenue and competitive position in Detroit with a strong cluster of four FM stations in the country’s thirteenth largest market.”
iHM Hikes Hyland to Region President/Washington & Baltimore. Most recently region senior vice president of sales and market president for iHeartMedia Washington D.C./Baltimore, Aaron Hyland is elevated to region president of those two markets. He succeeds Mike Preacher, who becomes president for government initiatives and partnerships for iHeartMedia Markets Group. Preacher will report to iHeartMedia Markets Group president Greg Ashlock, while Hyland will report to iHeartMedia west division president Kevin LeGrett. According to Ashlock, “With Aaron, we are fortunate to have someone so talented, experienced and knowledgeable of the area to make the natural progression to the role of region president. With Mike, we are grateful for the amazing job he has done leading our D.C./Baltimore region and excited about the incredible wealth of experience and success he brings to the table in managing our government initiatives and partnership division. This is a win-win.” Hyland, who began his radio career as local sales manager for iHeartMedia Albany (New York), comments, “The iHeartMedia Washington D.C. region has a strong presence in both Washington and Baltimore with advertisers throughout the community. I’m excited to build on our success here, giving our advertisers efficient and effective marketing solutions as well as providing our listeners the best programming and content.” Preacher notes, “I’m very proud of the work we’ve done in the Washington D.C. region. Aaron has been instrumental to our growth and I am highly confident that he and the team will enjoy continued success. Regarding my role moving forward, we have very high growth expectations for our government initiatives and partnerships division. I am looking forward to resourcing and spearheading the team’s efforts.” The iHM DC cluster consists of news/talk WONK, adult contemporary WASH, country WMZQ, CHR WIHT “Hot 99.5,” alternative WWDC “DC-101,” and WBIG “Big 100 – Washington’s Classic Rock,” while its Baltimore owned-and-operated stations are CHR WZFT “Z-104.3,” adult hits WQSR “102.7 Jack-FM,” WPOC “93.1 Baltimore’s Country Station,” and gospel WCAO “Heaven 600.”
2020 Local Political Advertising to Top $6.5 Billion. That’s the estimate from BIA Advisory Services, which forecasts over-the-air television will earn the majority of the spending (47% or $3.08 billion). That compares to just over $312 million (4.8%) for radio. Meanwhile, online/digital outlets will receive $1.37 billion (21%), while multichannel video programming distributors are expected to rake in $919 million (14%). The balance will go to other media. BIA Advisory Services chief economist/senior vice president Mark Fratrik opines, “It is going to be a very interesting political year. Some very large markets will not see much in political advertising while some small markets will see an extraordinary amount of advertising due to competitive gubernatorial, senate and house races along with the presidential election. Campaigns will continue to rely on television as a dominant platform for advertising while supplementing with digital advertising across mobile and desktop. In some smaller markets, one thing to keep an eye on is how the huge volume of political advertising could crowd out other local advertisers during primary and general election seasons. That may have an impact on advertisers and media companies. We will certainly factor that into our forecasting as we go through the fall.” It is believed that the three top local political revenue generating markets will be Los Angeles, Phoenix, and Philadelphia. In each market, TV OTA will receive more than $130 million in advertising with online/digital ad spend getting over 25% of the total spend.
Hart Heads to Albuquerque. Former six-year Entercom Philadelphia news/talk WPHT program director Jared Hart relocates to Albuquerque to become AM operations manager for Cumulus Media’s news/talk KKOB-AM (which he will program), sports talk KNML “The Sports Animal,” and business talk KTBL. Cumulus Media Albuquerque vice president/market manager Jeff Berry comments, “Jared brings the experience, skill, and vision to lead our three AM stations – including the legendary KKOB-AM – back to a position of market dominance. We are so excited for him to join our team and help guide our cluster to new heights.” Hart adds, “I’m excited by the opportunity to join the passionate and forward-thinking team at Cumulus Albuquerque. It’s hard to overstate the power and impact of KKOB-AM and ‘The Sports Animal’ across New Mexico and the potential for KTBL. I’m honored to help drive the future success of these great stations and can’t wait to jump in.” Prior to his tenure at WPHT, Hart was assistant program director for Cumulus Media San Francisco news/talk siblings KGO and KSFO.
Four Staffers Added to Westwood One Podcast Network. Joining Cumulus Media-owned Westwood One Podcast Network are senior producer, core content Madena Parwana; senior producer, development Lou Pellegrino; audio mixing engineer/studio technician Rebekah Wineman; and associate producer Sarah McCrory. All four will report to executive editor John Wordock, who comments, “This latest round of hiring further demonstrates Westwood One’s commitment to quality and scale as we grow our podcast business and serve our extraordinary partners and content providers. Madena, Lou, Rebekah, and Sarah have diverse and distinctive skillsets that will greatly contribute to the success and evolution of podcasting at Westwood One.” Parwana will help manage and produce podcasts that cover news, lifestyle and entertainment, sports, and business/money. She previously was a producer in the global radio division of Bloomberg LP, where she produced Bloomberg’s “Masters in Business” and “The Business of Sports” podcasts. Parwana was also senior podcast producer and co-host of “Unique Radio with Will Castro.” Pellegrino will manage and assess in-bound podcast pitches as well as help to develop pilots and shows. He formerly was executive producer of podcasts for Cadence 13 where he produced “The Woj Pod” and was involved with “Pod Save America.” In addition, Pellegrino was a producer for NBC Sports Radio and worked as a freelance producer for “The Dan Patrick Show” and MSG Networks. Wineman will support post-production, sound quality, field engineering, and studio maintenance. She previously worked as an audio engineer for The Wall Street Journal, where she mixed the “What’s News” podcast. Wineman served as a mixing and mastering engineer for NPR’s “Latino USA” and “In the Thick.” McCrory will support hosts, help edit and produce shows, and book guests. Before joining Westwood One, she worked as a production coordinator and podcast coordinator for Fox News Channel in New York City and Washington, DC, working on the podcasts “Livin’ the Bream” and “The Fox News Rundown.”
TALKERS News Notes. Sports reporter/anchor Carol Maloney joins Cumulus Media Washington DC’s WSBN-AM “ESPN 630” for 10:00 am – 12:00 noon duty. Cumulus Washington, DC program director Bill Hess states, “I’ve admired Carol’s energy, passion, and journalism since we first worked together a dozen years ago. Her relationships with the players, coaches, reporters, and sports fans in our town are unmatched.” Maloney notes, “I couldn’t be more thrilled and thankful for this opportunity. I’ve spent most of my career in the nation’s capital passionately following and covering the sports teams in town. Luckily, I’ve made a lot of friends and contacts along the way and will be calling on all of them.” Maloney has worked for Comcast SportsNet and NBC Sports Washington. She continues as a field reporter/show host for the Mid-Atlantic Sports Network (MASN) on Washington Nationals telecasts. “The Carol Maloney Show” debuts tomorrow (Tuesday, 8/6) ….. Miami’s WQAM “Sports Radio 560” rebrands as “560 The Joe.” While the Entercom sports talk outlet is the flagship of the Miami Dolphins, Florida Panthers, and University of Miami Hurricanes, its weekday lineup is taking more of a national lean: SportsCenter All Night (1:00 am – 5:00 am); First & Last with Jason Fitz (5:00 am – 6:00 am); The Joe Rose Show with Zach Krantz (6:00 am – 10:00 am); Dan Le Batard with Stugotz (10:00 am – 1:00 pm); Stephen A. Smith (1:00 pm – 3:00 pm); Hoch & Crowder (3:00 pm – 6:00 pm); “Best of ‘560 The Joe’” (6:00 pm – 7:00 pm); Spain & Company (7:00 pm – 9:00 pm); and Freddie & Fitzsimmons (9:00 pm – 1:00 am). Co-owned/similarly-formatted WAXY “AM 790 The Ticket” is the key station of the NBA’s Miami Heat. Its on-air roster includes: Amy Lawrence (2:00 am – 6:00 am); Tobin, Leroy, & The Beast (6:00 am – 10:00 am); Zaslow & Amber (10:00 am – 2:00 pm); Hoch & Crowder (2:00 pm – 6:00 pm); Zack Duarte (6:00 pm – 10:00 pm); and Scott Ferrall (10:00 pm – 2:00 am).
Music Radio News and Career Moves. At a time when high-profile stations such as WPLJ, New York; WRQX, Washington, DC; and WYAY, Atlanta (among others) are flipping to contemporary Christian, Tucson is losing a religious-geared outlet. Specifically, Tucson Radio LLC officially closes on its $650,000 purchase of KFLT “AM 830” & K269FV Oro Valley (Arizona) from Family Life Broadcasting and transitions it to “The Drive” (pending calls KDRI), an “original format” of music and local, live personalities. The ownership team of Arizona-based Tucson Radio, which has no other broadcast interests, is longtime Tucson businessman and community activist Fletcher McCusker (board chair); Bobby Rich (president); and Jim Arnold (general manager). McCusker is the only one without extensive radio or broadcast background. According to Arnold, who has nearly 40 years of experience in Tucson radio and TV stations, “The Drive” will debut commercial-free as he begins hiring a sales staff this week. Today’s 6:00 am launch (Monday, 8/5) follows stunting as “The Worm,” a mix of novelty songs. With a catalogue of over 2,000 songs, “The Drive” is designed to appeal to baby boomers and originates 24/7 broadcasting from downtown Tucson. Its FM signal is heard throughout the Tucson valley, while the 830 AM signal carries from the Mexican border to Phoenix. Rich tells RadioInfo/TALKERS, “This has been developing for more than eight months; I recently realized I’ve never done a total build from scratch. I have gone back-and-forth from high anxiety to beyond thrilled of building something new, from concept to call-letters to months sorting song lists to finding talent before I could tell them what it was or what it would sound like. We didn’t buy studios or broadcast equipment – just a pair of transmitters and a tower rental agreement. Everything was kept confidential, which was extremely difficult. Some of the staff just learned the branding and what titles are in the library. We’re in empty offices working from a temporary studio while the real studios are being built across the hall. It is crazy, fun stuff. I’m more than a little overwhelmed but so happy. It’s a dream come true for all of us – a chance to select our own music and manage content that matters to Tucson and have incredible fun while making great radio. It’s crazy to start a new radio station, but we are just crazy enough and have the passion-to make it work.” Immediately prior to his 25-year tenure as program director/morning drive host at Tucson adult contemporary KMXZ “Mix 94,” Rich was vice president/general manager/morning show talent for Seattle’s KMGI. His voluminous resume also includes programming stops in New York City (WXLO “99-X”); Los Angeles (KHTZ “K-Hits 97”); Philadelphia (WWSH); San Diego (KFMB-FM “B-100,” where he famously formulated the “Rich Brothers”); and director/programming consultation for Drake-Chenault. Rich worked on-air in Los Angeles at KHJ and KFI, as well as WMYQ, Miami. The on-air lineup for “The Drive” is comprised of Rich and Hill Bailey (morning drive); former program director of cross-town CHR KRQQ Ken Carr (mid-days); Mike Esparza (afternoon drive); and onetime Bobby Rich intern Tyler Russell (nights). Evan Carlson-headed, Arizona not-for-profit corporation Family Life owns stations in Arizona, California, Colorado, Florida, Georgia, Kansas, Michigan, New Mexico, Tennessee, Texas, and Wisconsin. Kalil & Co. brokered the transaction ….. While retaining its “Que Buena 92.7” identity, Univision Radio New York’s WQBU transitions from regional Mexican to Spanish AC. Core artists will include Chayanne, Juan Gabriel, Juan Luis Guerra, Enrique Iglesias, Jose Jose, Ricky Martin, Luis Miguel, Laura Pausini, and Shakira. Univision Radio New York president and general manager Roberto Yanez comments, “We are excited to launch a format that reflects distinct tastes of the Latino community in the Tri-State area. By reformatting our audio portfolio to include the only Spanish AC station in the region, we are able to give our audience more of the music they love, whether they’re listening at home, at work, or during their commute.” Its adjusted on-air lineup now includes: Mildre Aquino (6:00 am – 10:00 am); El Bueno, La Mala y El Feo (10:00 am – 2:00 pm); Jose Luis Arcos (2:00 pm – 7:00 pm); Cesar Lozano (7:00 pm – 8:00 pm); and El Free-Guey with La Bronca (8:00 pm – 12:00 midnight). Among persons 6+ in Nielsen Audio’s June 2019 New York City report, WQBU ranks #34 (.3); it is #37 in Long Island (.2, 6+, June 2019) ….. One-year KVIL, Dallas “Alt 103.7” morning talent Jenn Marino exits the Entercom alternative outlet. Marino formerly co-hosted Premiere Networks’ Sixx Sense with Nikki Sixx. Her other on-air credits include Baltimore outlets WHFS “Alternative 99.1”; WWMX, “Mix 106.5”; and WIYY “98 Rock,” as well as KRXO, Oklahoma City …. Launched in 2018, YEA Networks’ “Tino Cochino Radio” debuts next Monday morning (8/12, 6:00 am – 10:00 am) on Kemp Broadcasting Las Vegas CHR KVGQ “Q-106.9.” Hosted by Tino Cochino, Raquel, and DJ Nicasio, the show is now heard in more than 40 markets. KVGQ program director Gabriela “Lady g.” Loredon comments, “I’m excited to welcome Tino and the TCR team to our ‘Q-106.9’ family. TCR is the perfect fit for mornings here in Vegas and can’t wait to win” ….. American Idol winner Maddie Poppe and Whitney Woerz are among those scheduled to appear at the third annual “Survive Live” concert presented by Entercom Madison hot AC WMHX “Mix 105.1.” The October 3rd event will raise money for breast cancer awareness ….. “I’m Roger Carroll and I play records.” For 20 years (1959 – 1979), listeners of Los Angeles’ once powerhouse KMPC heard Kolman Carroll Rutkin begin his “R.C. Get Together” that way; the 90-year-Carroll died last week in Long Beach, California. Andrew Rutkin notes that his father “lived an amazing life; was surrounded by family; and his passing was peaceful.” The son of Eastern Europe immigrants, Roger Carroll was born in Baltimore in 1928 and moved away at 15 to work as an announcer at Frederick, Maryland’s WFMD. After World War ll, he relocated to Los Angeles, and at age 18, became the youngest announcer ever on the ABC Radio Network. Carroll, who worked at Los Angeles’ KABC from 1946 – 1959, became executive producer of the “Lawrence Welk Radio Show” in 1981 and owned KWIP, Salem (Oregon), a station he sold in 1991. For many years, he was the off-camera voice for such TV shows as “The Smothers Brothers Comedy Hour,” “Bonanza,” “The Danny Thomas Show,” and “Tony Orlando and Dawn.” In 2017, he started a streaming internet station, Roger Carroll’s Best Sounds in Town.” Commenting about his father, Andrew Rutkin states, “We will all miss him terribly. I’ll especially miss his wealth of stories and his amazing talent for mucking up his computer.”
Charlamagne Tha Guest. A number of the 2020 presidential candidates have made Premiere Networks’ “The Breakfast Club” a must-stop on their campaign trail. Last week, the show’s Charlamagne Tha God made the media rounds himself, appearing on NBC’s “Late Night with Seth Meyers” (the two are shown here) and CNN’s “OutFront” with Erin Burnett. Among other things, he talked about how the Democrats performed in the recent debates; who his favorite candidate is so far; and how he approaches interviews. Originating from iHeartMedia New York urban contemporary WWPR “Power 105.1,” the 4.5-hour “Breakfast Club” features Charlamagne Tha God, DJ Envy, and Angela Yee.
WEEI-FM’s Minihane Set to Discuss Depression. The genuine intimacy between a radio talent and the audience will most likely again be strongly in evidence when Entercom Boston sports talk WEEI-FM’s Kirk Minihane returns to the air today (Friday, 8/10) on the 5:30 am – 10:00 am “Kirk & (Gerry) Callahan Show.” In a tweet yesterday (8/9) at 2:47 pm, Minihane wrote, “I’ve talked a lot about my issues with depression, and I’ve battled it the last three months or so. Last Thursday night, I checked into the ER at Winchester Hospital with suicidal thoughts. I was then moved to McLean, where I was treated and released earlier this week.” One minute later (2:48 pm), he followed with, “I’ll be back at work tomorrow, and I’m a little nervous about it – but I’m not ashamed or embarrassed. We’ll do what we do – we’ll talk about it.” McLean Hospital in Belmont (suburban Boston) is regarded as one of the country’s best psychiatric facilities. Highly-controversial and opinionated Minihane joined what was then the “(John) Dennis and Callahan” show in 2013. He was suspended for “unsavory” language toward Fox Sports reporter Erin Andrews. He later made headlines when he said the New England Patriots should “hire someone to murder” Roger Goodell over the NFL commissioner’s handling of “deflategate.” Earlier this year, Minihane claimed he would be taking a year off from sports talk radio, insisting he is “tired of being treated like a child” by station management. In Nielsen Audio’s just-released July 2018 Boston PPM results, WEEI-FM is up one-tenth to 4.2 (#8, 6+), while cross-town rival – Beasley Media Group-owned WBZ-FM “The Sports Hub” regresses by one-half share (3.8, #10, 6+).
Stunner: Lanigan Logs Off WTAM. It’s one of those management nightmares when an on-air talent literally quits on the air. It happened in Cleveland two days ago (8/8) when John Lanigan announced Wednesday’s show on WTAM would be his last. For the past four years, Lanigan had done a one-hour (9:00 am – 10:00 am) program called “The Spew” on the iHeartMedia news/talk property. After a segment on the worst presidents in history, however, Lanigan according to a report on WEWS-TV “News 5,” Cleveland “diverted significantly from the show’s scheduled topics” approximately halfway through “The Spew.” Apparently out-of-the-blue, Lanigan ad-libbed to co-host Mike Trivisonno, “Can I talk to you for a second, quickly? I want to tell you what a privilege it has been working with you these last few years. You are the class act in radio. I’ve enjoyed every minute of it [but] I won’t be doing ‘The Spew’ ever again – I’m quitting today. I’m done – I won’t be back. I won’t be on ‘The Spew.’” The 75-year-old Lanigan went on to say (in a clip posted by WKYC-TV, Cleveland) that he’s no longer interested in what the NFL’s Cleveland Browns do and he doesn’t think he’s smart enough to discuss politics. “There’s too divisive an attitude in the country right now; I don’t think I’m qualified to tell listeners what they should be thinking,” Lanigan remarked. WTAM program director Ray Davis finished the rest of that day’s “Spew.” In 1971, Lanigan rather famously replaced Don Imus on Cleveland’s WGAR. For 29 years (1985 – 2014), Nebraska-born Lanigan – a 2013 National Radio Hall of Fame inductee – did morning drive with John Webster and Jimmy Malone on Cleveland classic hits-oldies outlet WMJI.
Entercom Now In TBA With WBEB. Prior to officially closing on its $57.5 million purchase of Jerry Lee Radio Philadelphia’s WBEB “101.1 More FM,” Entercom took over operation of the adult contemporary property yesterday (Thursday, 9/9) under a Time Brokerage Agreement (TBA). It marks the end of an era as WBEB was perhaps the lone genuine standalone property in a PPM-market – no sister station anywhere else. Entercom Philadelphia senior vice president/market manager David Yadgaroff remarks, “I am excited to welcome WBEB, one of the country’s most recognized and awarded stations, to our portfolio of Philadelphia radio stations. The addition of WBEB will be a great complement to our lineup that already includes KYW ‘News Radio 1060’; WIP ‘94 Sports Radio’; WPHT ‘Talk Radio 1210’; [adult contemporary] WTDY; and [classic hits-oldies] WOGL.” Elsewhere in the market, Beasley Media Group approximately three weeks ago (7/23) similarly assumed operations of Entercom’s WXTU “92.5 Philadelphia’s Country Station” under a TBA in advance of finalizing that station’s $38 million purchase. Among persons 6+ in Nielsen Audio’s July 2018 Philadelphia PPM report, WBEB regresses by seven-tenths (8.5 – 7.8) to slip from first to second, while WXTU (5.8, sixth to fifth, 6+) is without a loss for the seventh successive sweep for a cumulative gain of +2.2.
Univision Q2: Net Income Up, Radio Ad Revenue Down. For second-quarter 2018, Univision Communications’ net income rose from $106.1 million to $114.3 million; however, radio ad revenue dropped 3.6% to $61.7 million. Overall radio revenue fell 3.1% to $64.7 million, with total radio core revenue off 5.5% to $60.5 million. In addition, Univision’s aggregate revenue declined 2% year-to-year to $749.8 million with total core revenue (excluding political and content licensing revenue) down 3.1% to $730.3 million. Chief executive officer Vince Sadusky observes, “This is a company I have long admired as one of the great franchises in U.S. media and for its important mission to serve the Hispanic community. Despite a rapidly evolving media landscape, the company has a lot to be optimistic about and an incredibly strong foundation to build from. We provide unparalleled access to a coveted and fast growing consumer group with increasing buying power. While our foundation is strong, Univision has gone through a significant amount of change over the last few months. We are starting an exciting new chapter with a singular focus on our core business and mission – to inform, entertain and empower Hispanic America.” Sadusky succeeded Randy Falco as CEO in late-May (2018).
Final Round of July 2018 PPM Data Released. The fourth and final round of ratings information from Nielsen Audio’s July 2018 PPM survey has been released for 12 markets: Austin, Raleigh, Indianapolis, Milwaukee, Nashville, Providence, Norfolk, Greensboro, West Palm Beach, Jacksonville, Memphis, and Hartford. Nielsen Audio’s July 2018 survey period covered June 21 – July 18. See all the 6+ numbers from subscribing stations here.
Sir Charles In Charge. Once each year, Charles Barkley co-hosts all fours hours of Mike Missanelli’s afternoon drive show (2:00 pm – 6:00 pm) on Beasley Media Group Philadelphia sports talk outlet WPEN-FM “97.5 The Fanatic.” The former NBA star did so yesterday (Thursday, 8/9) and discussed topics like the Eagles first preseason game; the expectations for the Sixers this season; and if the Phillies can keep up their great play. “The Round Mound of Rebound” spent the first eight years of his 16-year NBA career with the Sixers. He also played for the Phoenix Suns and Houston Rockets. For the past 18 years, Barkley has been a studio analyst for Turner Network Television (TNT), appearing on the network’s NBA coverage during pre-game and halftime shows. Pictured in the photo at the right (from left to right) are Missanelli, Natalie Egenolf, Barkley, and Tyrone Johnson.
TALKERS News Notes. Adding radio duties as co-host (with program director Justin Acri) of “The Zone” (10:00 am – 1:00 pm) on Signal Media Little Rock sports talker KABZ “103.7 The Buzz” is Wess Moore, sports director of Little Rock’s KLRT-TV “Fox 16.” He succeeds Pat Bradley, who exits after 11 years to relocate to his native Boston; Bradley played college basketball for the University of Arkansas Razorbacks. Acri comments, “We are going to really miss Pat in ‘The Zone,’ but certainly understand the draw of family. He has been a huge part of ‘The Buzz’ team and our success for more than a decade. He will continue to be a great featured contributor to the station going forward. I know he will always consider Little Rock and Arkansas a second home – regardless of where he’s living.” Moore adds, “I am excited to be joining such a successful sports talk radio station with a rich history in Arkansas. ‘The Buzz’ has some of the best personalities in the business – I’m honored to get the opportunity to work alongside them. I look forward to being a part of ‘The Zone’ with Justin Acri, who has created an entertaining, smart show engaging sports fans on all levels.” Moore previously hosted “Game On with Wess Moore” for High Plains Radio Network’s Benton, Arkansas-licensed sports talk KAFN “Fox Sports Arkansas”; he begins his KABZ assignment next Monday (8/13) ….. In partnership with SiriusXM, the Charlotte-based Billy Graham Evangelistic Association (BGEA) is establishing a permanent “Billy Graham Channel.” Headlined by messages of the late Christian evangelist, “The Billy Graham Channel” debuts one week from Monday (8/20), on SiriusXM Channel 460, becoming the satcaster’s fifth spoken-word “Religion” channel and the first featuring a continuous delivery of evangelistic content. BGEA chief executive officer Franklin Graham comments, “We are excited that SiriusXM will have a permanent Billy Graham channel. Many people have told us how much it has meant to them to hear my father’s timeless messages of truth.” Since last November, “The Billy Graham Channel” has appeared as a limited-run offering on four occasions, including a tribute channel in conjunction with Dr. Graham’s passing in February.
Week’s Top Topics. The Trump-Russia investigation; Paul Manafort trial; Ohio special election; various state primaries; midterm elections; trade wars; China tariffs; Russia sanctions; Rep. Chris Collins indictment; Alex Jones and social media; LeBron James education initiative; California wildfires and their causes; New Mexico compound child abuse; Tribune–Sinclair non-deal; MLB action; and NFL training camps-pre-season games were the most-talked-about-topics on American news/talk radio this past week of August 6-10, 2018 according to the ongoing research of TALKERS magazine. To see the complete list of top topics and most-talked-about people of the week, please click here.
Harrison Podcast Resurrects 36-Year-Old Interview with Apple I and Apple II Inventor Steve Wozniak. In commemoration of Apple, Inc. reaching the historic milestone of a one trillion dollar valuation, TALKERS founder Michael Harrison dug up a 36-year-old interview that he conducted with Apple, Inc. co-founder Steve Wozniak, the designer and inventor of the original Apple I and II personal computers. It is the centerpiece of this week’s installment of the award-winning PodcastOne series, “The Michael Harrison Interview.” Originally aired in 1982 on the pioneering national cable TV talk show “Harrison’s Mic,” the 24-minute conversation explores the beginnings of Apple Computer, Inc. (as it was then called) from what was a relatively recent perspective (it was only six years old). More importantly, it reveals the prescient thinking and perspective of one of the most important electronic designers and computer scientists of the digital era (and eventual philanthropist) when he was only 32 years old and society had merely scratched the surface of the revolution about to change the way people live and think. This fascinating interview is a must-listen for pop culture enthusiasts and media freaks. Michael Harrison states, “I am only first understanding the level of historical and intellectual gold that exists in the thousands of interviews, specials and broadcasts collecting dust in my archives that go back a half-century. We never realized when this content was being created in those early days that it would be of such historical interest and value. It just seemed like disposable pop content of the moment. This gem of a conversation with the great Steve Wozniak, which I hadn’t heard in more than three decades, is a prime example. I am so happy to share it in 2018 upon the milestone of Apple setting such astonishing records.” To listen to the interview in its entirety, please click here.
Music Radio News and Career Moves. Dubbed “The most-listened-to woman on radio,” Premiere Networks’ nighttime adult contemporary personality Delilah returned to New York City last Thursday (8/2) to host the annual summer performance, “Broadway in Bryant Park.” Presented by Delilah’s NYC affiliate, iHeartMedia AC WLTW “106.7 Lite FM,” the six-week event takes place at noon every Thursday (July 12 – August 16) and features performances of the biggest hits from the most popular shows on and off Broadway. Highlighted last week, for example, were “Aladdin,” “Frozen,” and “The Lion King.” An inductee of both the National Radio Hall of Fame and NAB Broadcasting Hall of Fame, Delilah will be back next Thursday (8/16) to close out the series and welcome performances from “Be More Chill,” “Gettin’ The Band Back Together, “Once On This Island” and “School of Rock.” Pictured here from left to right are “Aladdin” cast members Major Attaway (“Genie”); Arielle Jacobs (“Jasmine”); Delilah, and Telly Young (“Aladdin”) …. Specifically targeting mainstream CHRs, rhythmic CHRs, and hip-hop stations, the five-hour “Dana Cortez Show” is the first result of a joint syndication and sales initiative that was announced four months ago between ABC Radio and Skyview Networks. An ensemble cast is led by one of the first Latinas to host a nationally syndicated show. ABC Radio vice president and general manager Steve Jones comments, “Dana is a transformational talent whose voice connects with a very broad audience and women in particular. We are extremely proud to syndicate ‘The Dana Cortez Show’ and help Dana, [her executive producer and husband] ‘DJ Automatic’ and ‘Anthony A’ [comedian Anthony Almanzar] entertain more listeners and drive affiliate revenue.” Skyview Networks president Ken Thiele remarks, “When we started this collaboration with ABC Radio, ‘The Dana Cortez Show’ is exactly the type of gold we were hoping to find – programs and personality with momentum on the rise. We welcome them to the family.” Cortez adds that, “Partnering with ABC Radio and Skyview Networks is the realization of a lifelong dream. From day one, Steve Jones and his team have championed having a female host as the lead for their morning syndication. It sends a very powerful message and I’m excited to help pave the way. Today’s audience expects authenticity, there are no secrets between us – nothing is off limits. Every morning is brimming with culture and content. Originality is at the core of everything we do. We believe our show is radio reimagined. It’s not what we do, it’s how we do it.” Cortez joined Univision Radio San Antonio rhythmic CHR KBBT “98.5 The Beat” three years ago from similarly-formatted KKSS “Kiss 97.3,” Albuquerque ….. Catapulting from his role of program director of iHeartMedia Myrtle Beach (South Carolina) CHR WWXM “Mix 97.7,” Ron Roberts takes on similar duties at Entercom Atlanta hot AC WSTR “Star 94.” He succeeds Tony Lorin, who exited earlier this year; a successor to Roberts at “Mix” is yet to be named … In iHeartMedia’s San Diego cluster, KGB-FM “San Diego’s Classic Rock” and KIOZ “Rock 105.3” program director Shauna Moran is promoted to director of rock programming for both stations. Meanwhile, KGB afternoon co-host Bob Buchmann becomes KGB’s operations manager/music director. According to Moran, “It has been an amazing week for KGB with the triumphant return home of DSC in mornings and the assembling of a powerhouse line up: Clint August in middays; Bob and Coe [Lewis] in afternoons; and Marc Coppola in nights. It also is a privilege to name Bob operations manager and music director for KGB.” Prior to joining KGB-FM and KIOZ in 1996, Moran spent five years in Denver as promotion director for KAZY, KRFX, and KBPI. Buchmann, who did mornings on KGB-FM before shifting to afternoons, has programmed WAXQ, New York; KLOS, Los Angeles; and was vice president of programming for WBAB, Long Island ….. Starting next month (9/4), changes at Bonneville Denver adult contemporary KOSI “Real-Music-Variety” will find three-year afternoon host Jackie Selby shifting to mid-days, replacing Denise Plante, who departed last month. The afternoon slot vacated by Selby will be taken over by Melissa Moore, who will cross the hallway from country sibling KYGO, where she handles mid-days. Selby’s previous Denver background includes alternative KXPK “96.5 The Peak,” hot AC KALC “Alice 106,” classic hits-oldies KXKL “Kool 105,” and adult standards KTNI “101.5 Martini on the Rockies.” Moore returns to KOSI, where she was morning co-host in the late-1990’s. Her resume includes Orlando’s WWKA “Country “K-92,” Minneapolis hot AC KSTP-FM “KS 95,” and afternoons on the contemporary Christian “WAY-FM” network …..Five-year Radio One Indianapolis CHR WNOW “100.9 Radio Now” integrated media specialist Tony Severino will join crosstown Sarkes Tarzian triple A WTTS “92.3 World Class Rock – Experience The Music” next Tuesday (8/14) as director of sales. “His enthusiasm for our industry and what we can do for clients is outstanding,” states WTTS president and general manager Geoff Vargo, while station manager Brad Holtz notes, “The passion he has for the opportunities that lie ahead for our unique brand of local radio was evident upon our first conversation.” Severino succeeds Daryl McIntire, who has left the station ….. To promote the addition of Premiere Networks morning talent Bobby Bones to its on-air lineup (5:00 am – 10:00 am), iHeartMedia Louisville’s WAMZ “97.5 Kentuckiana’s #1 for Country” partnered with “Field of Screams” to showcase a guitar-playing skeleton and “The Bobby Bones Show” logo. Including a six-acre corn maze, the annual haunted house event is open from September 16 through October 27 in Brandenburg, Kentucky ….. Alpha Media Canton, Ohio hot AC WHBC-FM “Mix 94.1” is the latest affiliate of Envision Networks’ EnvisionVirtualServices. According to “Mix” program director John Stewart, [meteorologist] John Wetherbee is mindful of Ohio’s ever-changing weather pattern. If our weather changes, he updates his forecasts.”
WEEI, Boston to Flip Midday and Afternoon Programs. Beginning August 13, the “OMF” Show featuring Glenn Ordway, Lou Merloni, and Christian Fauria takes over the afternoon drive daypart and the “Dale & Keefe” show with Dale Arnold and Rich Keefe slides to middays. The change was announced on the “Kirk & Callahan” morning program today (7/19). This is a return to afternoons for Glenn Ordway who for years reigned as ringmaster of “The Big Show” in PM drive. But competition from new rival WBZ-FM upset that show’s dominance and Ordway was let go in 2013 and was replaced by Mike Salk. WEEI re-hired Ordway two-and-a-half years later to work the midday show. Since then, the OMF program has steadily gained ground in the Boston ratings. “OMF” will compete with WBZ-FM’s “Felger & Mazz” program, which was the highest-rated show in afternoons, racking up a 14.7 share (Men 25-54) in Nielsen’s June PPM survey. The “Dale & Keefe” show earned a 6.8 share going against “Felger & Mazz.”
WFAN’s Joe Benigno Accused of Sexual Harassment. In a suit filed in New York State Court in Brooklyn, WFAN, New York midday personality Joe Benigno is accused by former sales staffer Lauren Lockwood of sexual harassment. The allegation is part of a larger, $5 million suit against CBS RADIO (now owned by Entercom), sales execs Sean Argaman and Mark Zukerman, and other unidentified staffers for creating a hostile work environment based on sex, discrimination based on sex, retaliation, and more. The complaint reads like a lurid expose of a workplace dominated by men behaving badly. Lockwood – who worked in sales at WFAN for 11 years – alleges that Benigno tried to coerce her into having a “threesome” with him and his wife. Additionally, she says he engaged in a two-year affair with a female subordinate. Her complaint paints a picture of a workplace where drinking on the job took place, prostitutes were acquired for clients, and potential clients were entertained at strip clubs. She alleges the station’s executives tolerated a workplace that subjected her to sexual harassment. Entercom tells the New York Post it can’t comment on pending litigation but that it will “defend the company vigorously.”
WBZ-FM, Boston Midday Show to Simulcast on NBC Sports Boston. The simulcast of the midday “Zolak and Bertrand” show on NBC Sports Boston is now the second show based at Beasley Media Group’s sports talker WBZ-FM “98.5 The Sports Hub” to air on the New England cable sports channel. The “Felger & Mazz” PM drive show (co-hosted by Michael Felger and Tony Massarotti) has been simulcast there since 2010. The Zolak and Bertrand show – featuring former Patriots quarterback Scott Zolak (left) and Marc Bertrand (right) – airs from 10:00 am to 2:00 pm and will be available via NBC Sports Boston, nbcsportsboston.com and on the NBC Sports app as well as the 98.5 Sports Hub app and 985thesportshub.com, effective July 23. Beasley Boston VP and market manager Mary Menna says, “We are thrilled to extend the Felger and Mazz simulcast partnership with NBC Sports Boston and to include our top-rated midday show so Boston fans can not only hear, but see the fun that this team has together in our new state-of-the-art studios.”
PPM Analysis: Public Radio News/Talk. Managing editor Mike Kinosian presents a report on the performances of radio stations based on data from Nielsen Audio’s June 2018 PPM survey, today focusing on public radio news/talk. Overall, public radio news/talk stations were down from the May survey to the June survey with 51% of stations seeing dips in weekly 6+ AQH share. Comparing numbers from a year ago, almost half the stations on the panel were up year-over-year and almost half were down. Three public radio news/talk stations ranked #1 (6+) in their respective markets: KQED was #1 in both the San Francisco and adjacent San Jose markets. KOPB, Portland and WUNC, Raleigh also were #1. See Kinosian’s entire report here.
TALKERS News Notes. The Las Vegas Review-Journal is reporting that sports media icon Brent Musberger has agreed to a three-year deal to serve as the radio play-by-play voice of the NFL’s Raiders, who are moving from Oakland to Las Vegas for the 2020 season. Musberger is the managing editor at Las Vegas-based VSiN (Vegas Sports Information Network). He retired from ABC Sports and ESPN in January to join VSiN…..U.S. Rep. Jason Lewis (R-MN) is in a battle for re-election with challenger Democrat Angie Craig (whom he beat by 1.8% two years ago) and his radio past is playing a role in the campaign. The former Minnesota and nationally syndicated talk radio personality’s musings about women and political correctness were the focus of a CNN report that Craig and Lewis’ opponents are trying to use against him in the campaign. Lewis’ campaign manager Becky Alery tells the Star-Tribune, “This has all been litigated before, and as Rep. Lewis has said time and time again, it was his job to be provocative while on the radio.”…..The terms of the settlement are sealed, but the agreement between plaintiff Jennifer Neill and defendants WMGK, Philadelphia morning host John DeBella and Beasley Media Group has been approved by the court. Neill was suing the defendants claiming a pattern of sexual harassment on the part of DeBella. Neill served as a traffic reporter on DeBella’s program. She alleged some 30 incidents of harassment, including unwanted physical contact…..Envision Networks’ “American Biker Minute” is added to the programming at Southern Stone Communications-owned WRTT-FM, Huntsville, Alabama. The 60-second feature is hosted by bike enthusiast Jeff Ryan.
TALKERS Continues Posting Videos Today of the Recent TALKERS 2018: Full Speed Ahead! Convention – Today’s Post: Award Presentation for “Lifetime Achievement.” Today (7/19), TALKERS magazine concludes posting individual events from the recent TALKERS 2018: Full Speed Ahead! convention held in New York City on June 8. Each business day, another session or activity has been posted in the order that they originally took place. Today’s 17th and final installment is of the presentation of the TALKERS Lifetime Achievement Award by publisher, Michael Harrison to Vuolo Video Air-Chex CEO, Art Vuolo at the event’s closing cocktail reception. Already posted: the panel discussion titled “The Talk Rumble.” It is moderated by Westwood One host Jim Bohannon; introduced by WABC, New York host, Curtis Sliwa; and featuring panelists WPHT, Philadelphia host, Dom Giordano; WYD Media host, Thom Hartmann; DC Radio Company executive director, Victoria Jones; USA Radio Network host, Wayne Allyn Root; Fox News Radio host, Todd Starnes; and WOLB, Baltimore host, Larry Young; the panel discussion titled “Programming News/Talk Radio.” It is moderated by TALKERS managing editor Mike Kinosian; introduced by KFBK/KSTE, Sacramento PD, Bill White; and featuring panelists CFRB, Toronto PD and Bell Media national news/talk format head, Mike Bendixen; iHeartMedia national brand coordinator, news/talk/sports programming and director of AM programming Miami/Fort Lauderdale, Grace Blazer; WOR, New York assistant PD, Scott Lakefield; WBAL, Baltimore PD, Scott Masteller; and WABC, New York PD, Craig Schwalb; the panel discussion titled, “Talk Media: The Big Picture.” It is moderated by ABC News Radio VP/GM, Steve Jones; introduced by “The Cats Roundtable” host, John Catsimatidis; and featuring panelists iHeartMedia SVP news/talk/sports programming Chris Berry; Beasley Media Group EVP programming, Justin Chase; Weiss Agency EVP, Heather Cohen; Cumulus Media EVP content & programming Mike McVay; and Premiere Networks president, Julie Talbott. Already posted: the panel discussion titled “Hosting a Talk Show in 2018.” It is moderated by Cumulus Media VP of news/talk and PD of WMAL, Washington, DC, Bill Hess; introduced by iHeartMedia VP programming/national news/talk brand coordinator and PD KOA, Denver, Greg Foster; and featuring panelists Howie Carr Radio Network host, Howie Carr; WPGG, Atlantic City host, Harry Hurley; Fox News Radio/Fox News Channel host, Brian Kilmeade; Westwood One host Chris Plante; Talk Media Network host Tom Sullivan; WPRO, Providence host, Dan Yorke; and KTSA, San Antonio host, Jack Riccardi; the panel discussion titled “Attracting Younger Demos to Talk Radio.” It is moderated by Mike “Bax” Baxendale, morning co-host, WAQY-FM (Rock 102), Springfield, MA; introduced by WPHT, Philadelphia host Rich Zeoli; and featuring panelists Armstrong & Getty Show co-hosts Jack Armstrong and Joe Getty; WRKO, Boston PD, Michael Czarnecki; WRHU-FM/WRHU.org, Hofstra University OM, John T. Mullen; WABC, New York host Sid Rosenberg; and Compass MediaNetworks/Newsmax host, Todd Schnitt; a video of the donation given by WPGG, Atlantic City morning host Harry Hurley to the Broadcasters Foundation of America and accepted by its president Jim Thompson; convention luncheon greetings by WNYM “970 AM The Answer,” New York morning host Joe Piscopo with an introduction by Salem SVP Phil Boyce along with the posthumous presentation of the “Humanitarian of the Year” award to the late Texas and Ohio radio talk show host Matt Patrick by Michael Harrison with an acceptance by his widow and show producer, Paula Ryan; the panel discussion titled “Adding the Video Component to Talk Radio” moderated by Livestream head of news, Clayton Rose and featuring panelists Krantz Media Group CEO, Gary Krantz and KTRS, St Louis host, McGraw Milhaven; the panel discussion titled “Generating Talk Radio Revenue in 2018” moderated by TALKERS VP/executive editor, Kevin Casey; introduced by Crossover Media Group managing member, Ron Hartenbaum; and featuring panelists Asa RX host, Asa; Bold Gold Media Group CEO, Vince Benedetto; Howie Carr Radio Network president, Kathy Carr; Westwood One president, Suzanne Grimes; WBAL, Baltimore president/GM, Cary Pahigian; and KSCO/KOMY, Santa Cruz owner, Michael Zwerling; the special presentation by Amplifi Media CEO, Steven Goldstein titled “Radio Broadcasters and Smart Speakers with an introduction by GCN personality, Dr. Daliah Wachs ; a special presentation by PodcastOne chairman and CEO, Norm Pattiz titled “Radio Broadcasters and Podcasting” with an introduction by Voice of America and National Public Radio anchor/reporter, Lori Lundin; a special presentation by WFAN personality, Mike Francesa titled “Sports Talk’s Role in Media and Popular Culture” with an introduction by author and former radio producer, Bernadette Duncan; Salem SVP, Phil Boyce’s address titled “What Has Donald Trump Done to Talk Radio?”; the fireside chat between TALKERS publisher, Michael Harrison and Beasley Media Group CEO, Caroline Beasley including Harrison’s presentation of the 2018 “Woman of the Year” award to Beasley; Harrison’s fireside chat with FOX News Radio/FOX News Channel mega-star, Brian Kilmeade with an introduction by Westwood One syndicated host, Walter Sterling and special remarks by Sean Hannity; opening remarks by the convention’s co-emcees, TalkersRadio GM, David Bernstein and Good Day Networks/DJV Show CEO/host, Doug Stephan; KGO, San Francisco host, Ethan Bearman delivering the event’s welcoming remarks and Pioneer Valley Radio GM/host, Brad Shepard introduction of Bearman; and the presentation of the Gene Burns Memorial Award for Freedom of Speech (“Freedom of Speech Award”) by TALKERS managing editor, Mike Kinosian to SiriusXM Satellite Radio host, book publisher, Hunter College professor, and former New York Daily News/Pulitzer prize-winning journalist, Karen Hunter. To view the page, please click here.
Trump-Putin Meeting Aftermath, Trump-Russia Investigation/Russia’s Interrogation Request, Alleged Russian Spy Case, California Break-Up Question, Israel Passes ‘Nation-State’ Law, Facebook’s Conspiracy Theory Policy, Google’s EU Fine, and Hader Tweets Controversy/MLB All-Star Game Among Top News/Talk Stories Yesterday (7/19). The effects of President Trump’s Helsinki meeting with Russia’s Vladimir Putin; the investigation into possible connections between Trump campaign operatives and Russia agents and the related request by Putin to interrogate U.S. officials; the case of alleged Russian spy Maria Butina and her relationship with GOP consultant Paul Erickson; the question of splitting California into three states fails to make the ballot; Israel’s passage of the controversial “nation-state” law; Mark Zuckerberg’s explanation of Facebook’s conspiracy theory policies; Google is fined $5 billion by the European Union; and Brewers pitcher Josh Hader suffers fallout from past racist and homophobic tweets, tied with the MLB All-Star Game were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.
Philly Station Deals Announced: Beasley Acquires Country WXTU-FM from Entercom; Jerry Lee Sells Hot AC WBEB-FM to Entercom. Philadelphia-based Entercom is paying $57.5 million cash to Jerry Lee LLC for hot AC WBEB-FM “101 More FM” and it is divesting of country WXTU. Beasley Media Group is paying Entercom $38 million for that station. Beasley says, “Excluding one-time transaction costs, the acquisition of WXTU-FM is expected to be immediately accretive to Beasley’s free cash flow without materially altering the company’s leverage. Beasley intends to fund the acquisition through borrowings under its credit facility and cash generated from operations.” Beasley formerly owned WXTU and launched the country format on the signal in 1983. Beasley CEO Caroline Beasley says, “Our acquisition of WXTU-FM represents a strategically and financially compelling growth opportunity for our shareholders and further enhances our revenue and competitive position with a strong cluster of five FM and two AM stations in a key, top-10 market. Importantly, the addition of WXTU-FM is consistent with Beasley’s disciplined approach to growing our platform by executing accretive transactions that deliver valuable synergies and the potential for SOI margin improvement, all with a limited impact to our leverage.” Speaking about the acquisition of WBEB, Entercom CEO David Field says, “We are very pleased to add the legendary WBEB, one of the country’s most recognized and awarded stations, to our group. It is a terrific addition to our lineup that will enhance our ability to serve our listeners, customers and the community. I tip my cap to Jerry Lee, one of the industry pioneers and a visionary leader who built ‘B101’ into such a special station and has done so much for radio over the decades. We are saddened to say goodbye to our colleagues at WXTU but know that they will be in great hands.” Beasley begins operating WXTU under an LMA on July 23.