Industry News

WABC Names Dominic Carter Host of 3:00 pm Hour

Red Apple Media’s WABC, New York announces that Dominic Carter is the new host of the daily 3:00 pm to 4:00 pm show, the same slot previously occupied by Rudy Giuliani until he was let go by the company in mid-May. The show simulcasts on WABC Radio and WLIR-FM, Hampton Bays on Long Island. Carter willim continue to host his nightly 12:00 midnight to 1:00 am show as well as his 11:00 pm to 12:00 midnight heard on Sundays. Red Apple chief John Catsimatidis says, “It is with great pleasure that I announce Dominic as our 3 to 4 pm host. Dominic is an exceptional broadcast journalist and political commentator who presents all sides of issues relevant to our listeners. He’s done an excellent job with his overnight programs and I know he will do the same with the 3:00 pm hour.” Carter comments, “I’m excited about hosting an afternoon slot and grateful for the trust that Mr. Catsimatidis and [president] Chad Lopez have shown in me. It’s an honor to serve the New York City area listeners, especially on a powerhouse station like WABC Radio, as well as WLIR 107.1, our sister station on Long Island.”

Industry News

Paul Blake to Lead Beasley Philadelphia

Beasley Media Group promotes Paul Blake to cluster manager for its Philadelphia stations. He most recently served as vice president/director of sales and has been with the cluster for the past 22 years. In his new role,im he will report directly to president Bruce Beasley and will be responsible for overseeing WMMR-FM, WMGK-FM, WXTU-FM, BEN FM, 97.5 The Fanatic, WWDB 860 and Camden’s WTMR 800. He states, “I am deeply honored and thrilled to take on the role of cluster manager for Beasley Media Philadelphia. I extend my heartfelt gratitude to the Beasley family for their unwavering trust and confidence in me. It is an incredible privilege to lead one of America’s premier groups of radio stations and digital content creators, and I look forward to continuing our tradition of excellence and innovation in the media industry.”

Industry News

Round Three of May PPMs Released

imThe third of four rounds of ratings information from Nielsen Audio’s May 2024 PPM survey has been released for 12 markets including Portland, Charlotte, San Antonio, Sacramento, Pittsburgh, Salt Lake City, Las Vegas, Orlando, Cincinnati, Cleveland, Kansas City, and Columbus. The survey covered April 25 through May 22. Today, TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In Portland, although Alpha Media’s news/talk KXL-FM dipped six-tenths to a 5.8 share (weekly, 6+ AQH share), it remains ranked #2, while iHeartMedia’s news/talk KEX-AM rises one-tenth to a 1.7 share stays in the #20 rank. In San Antonio, iHeartMedia’s news/talk WOAI-AM is steady with a 2.8 share but falls back to the #13 rank, while Alpha Media’s news/talk KTSA slides back two-tenths to a 1.9 share good for the #19 rank. In Salt Lake City, Bonneville’s news/talk KSL-AM/FM loses 3.2 shares to finish with a 4.9 share and regresses to the #4 rank, while iHeartMedia’s news/talk KNRS-AM/FM adds half a share for a 3.1 share finish that lifts it to the #14 rank. See Mike Kinosian’s complete Ratings Takeaways from this group of markets here.

Industry News

Aitken Named Cumulus Media Chief HR Officer

Cumulus Media promotes Kriston Aitken to chief human resources officer, effective July 1, 2024. She’ll be responsible for human resources strategy and operations, talent management, compensation and benefits, and supporting the advancement of the company culture. She succeeds Todd McCarty, who is retiring afterim nearly nine years with the company. Aitken joined Cumulus Media in 2016 and has been SVP of human resources for the past two years. Cumulus CEO Mary G. Berner says, “For the past nearly eight years, Kriston has been a stand-out HR executive, and I’m delighted that she is fully ready and able to step into this important role. Given our significant focus on culture and the fact that 94% of our surveyed employees express pride in working at Cumulus, it’s crucial to have a leader genuinely invested in cultivating our culture. Kriston’s commitment to this aspect and her proven operational skills give me full confidence that she will continue to enhance the legacy that Todd leaves behind.”

Industry News

Today is BFoA Giving Day

Industry News

Yesterday’s (6/12) Top News/Talk Media Stories

The aftermath of the Hunter Biden guilty verdict; the G7 meeting in Italy and the plan to loan Ukraine $50 billion; the presidential race; former President Donald Trump’s legal battles; the U.S. House votes to hold Attorney General Merrick Garland in contempt; Southern Baptist convention bans churches with women pastors; the Israel-Hamas war and the strikes against Northern Israel from Lebanon; Russian war games near Cuba; the Fed reports inflation is easing but expects just one rate cut this year; and NBA legend Jerry West dies at 86 were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS.

Industry News

Ongoing Coverage of TALKERS 2024: Radio and Beyond

The 27th annual installment of the talk media industry’s longest running, and most important national event took place this past Friday (6/7) at Hofstra University on Long Island. TALKERS 2024: Radio and Beyond was an advance sellout. The power-packed, one-day agenda featured a roster of more than 60 speakers from all ends of the talk radio and related talk media industries including talent, station owners, CEOs, programmers, technical experts, journalists, syndicators, and a wide variety of visionaries. The annual talk media industry tradition was presented by TALKERS in association with the prestigious university’s multi-award-winning station WRHU Radio and Hofstra’s Lawrence Herbert School of Communication. Key discussions included “Gaining Traction in a Noisy World,” “The Case for AM Radio,” “Generating News/Talk Revenue in the Digital Era,” “The State of Sports Talk Radio,” “The Brave New World of Technological and Generational Change,” “Programming News/Talk Radio,” “Perspectives on Hosting Television Talk,” “Philanthropy and Community Service,” “The Art of Story Telling,” “Talk Radio Programming Opportunities Beyond Politics,” “Meeting the Challenges of Being a Talk Talent,” “The Big Picture of Radio’s Role in a Rapidly Changing World,” and “The State of the First Amendment” among others. As the volumes of data generated by this gathering are sorted out, TALKERS will provide in-depth, detailed coverage of the conference in the days and weeks ahead including posting videos of its key segments.  See a selection of photos from TALKERS 2024 Radio and Beyond below.

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KIRO Newsradio 97.3 FM, Seattle afternoon talk show host John Curley was the 2024 recipient of the TALKERS Humanitarian of the Year award (the Sharon L. Harrison Memorial Award for Community Service). He is pictured delivering his acceptance speech discussing the importance of using your platform for good causes.

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Michael Harrison (l) interviewed Fred Toucher (r), morning show co-host of WBZ-FM 98.5 The Sports Hub, Boston in a fireside chat titled, “The State of Sports Talk Radio.”  The discussion included comparisons between sports talk and news/talk radio, the benefit of sports talk hosts operating in on-air teams, the relationship sports talk hosts have with home teams and their ardent fans, dealing with harsh criticism on social media, the impact of gambling on sports talk radio, the challenges hosts are facing in covering women’s basketball and more.

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One of the many highlights of the conference was a blessedly civil “Great Debate” between WYD Media syndicated host Thom Hartmann (c) representing the left and Salem Radio Networks host Mike Gallagher (r) representing the right.  The session was moderated by Lee Harris (standing l), director of integrated operations, NewsNation/WGN Chicago.

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The panel session titled, “Behind the Mic,” delved into the issues and challenges faced today by talk radio talent. Participants included (l-r) Jeff Katz, WRVA, Richmond; Frank Morano, WABC, New York/Red Apple Media; Martha Zoller, WDUN, Athens, GA; Moderator Joe “Pags” Pagliarulo, Compass Media Networks; Dom Giordano, WPHT, Philadelphia; Howie Carr, Howie Carr Radio Network; and Chris Krok, WBAP, Dallas.

Industry News

WINA, Charlottesville Expands “The Schilling Show”

Saga Communications news/talk outlet WINA-AM, Charlottesville announces that it’s adding an hour to “The Schilling Show,” hosted by Rob Schilling. The program now airs from 12:00 noon to 3:00 pm daily. The station says this comes “in response to the show’s growing popularity and demand for more in-depthim discussions and analysis of local issues.” Charlottesville Radio Group operations manager and WINA program director Paul McDaniel says, “We are thrilled to extend ‘The Schilling Show’ by an hour each weekday. Rob’s ability to connect with the audience and provide insightful commentary has made the show a cornerstone of our programming. This expansion is a testament to his unparalleled work and the loyalty of his listeners.” Schilling comments, “I’m grateful for the opportunity to spend more time daily with my loyal listening audience as we further explore and examine pressing issues of the day. This additional hour will allow for more compelling guests, more in-depth analysis, and most importantly, more time for WINA listeners to engage with their community.”

Industry News

Josh Klingler to Exit KCSP, Kansas City Morning Show

Longtime Kansas City sports talk radio personality Josh Klingler is leaving his daily role on sports talk KCSP-AM’s “Fescoe In The Morning” program with Bob Fescoe. The Kansas City Star reports Klinglerim made the announcement yesterday (6/11) on the program. He said, “I am retiring from daily radio. I’ve been doing this for 30-something years all told six and seven days a week and kind of decided, probably after the football season if I’m being honest… My get-into-work time has been gradually getting later and later and later. And it’s just because getting up sucks. And there’s no other show I would want to do. There’s no other thing I would want to do in media. And just decided for me that this was like the perfect time to walk away.” Klingler says he’s not retiring fully. He’ll still do Chiefs radio broadcasts and some freelance TV. Read the Kansas City Star report here.

Industry News

Round Two of May PPMs Released

imThe second of four rounds of ratings information from Nielsen Audio’s May 2024 PPM survey has been released for 12 markets including: Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis. The survey covered April 25 through May 22. Today, TALKERS managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In Washington, DC, Cumulus Media news/talk WMAL-FM declines eight-tenths to finish with a 3.8 share (weekly, 6+ AQH share) and is ranked #11 in the market, while Hubbard Broadcasting all-news WTOP-FM rises four-tenths for an 8.2 share that keeps it ranked #2. In Boston, iHeartMedia news/talk slides four-tenths to finish with a 2.9 share and the #14 rank, as sister all-news WBZ-AM dips four-tenths to a 4.5 share but remains ranked #7 in the market. And in Seattle, Bonneville news/talk KIRO-FM gains seven-tenths to finish with a 4.5 share lifting it to the #6 rank, while sister conservative talk KTTH-AM rises one-tenth to a 1.5 share and the #23 rank, and Lotus Communications’ conservative talk KVI-AM adds a half share for a 1.8 share finish good for the #21 rank. See Mike Kinosian’s complete Ratings Takeaways from this group of markets here.

Industry News

Salem Partners with HC2 Broadcasting for TV Distribution

Salem Media Group enters into a partnership HC2 Broadcasting to distribute the Salem News Channel to 55 television markets via digital, over-the-air signals. Salem News Channel VP and general manager Cary Pahigian says, “We welcome our new partnership with HC2 Broadcasting. This is another significant step inim the rapid growth and distribution of the Salem News Channel, and in HC2 Broadcasting’s expansion.” HC2 operates stations in markets including New York, Chicago, Philadelphia, Dallas-Fort Worth, Atlanta, Houston, San Francisco, Phoenix and more. HC2 Broadcasting president and CEO Les Levi comments, “We are excited about our partnership with Salem Media Group and delighted to be launching the Salem News Channel on our TV broadcast platform. The channel will be available for the first time to broadcast television viewers, who should enjoy the network’s rich and informative news content.”

Industry News

Yesterday’s (6/11) Top News/Talk Media Stories

Hunter Biden is convicted on all three counts in his felony gun charge trial; the presidential race; former President Donald Trump’s legal battles; the European Union election results and migration; Russia’s military drills planned for Cuba; House Republicans to vote on contempt of congress charge against Attorney General Merrick Garland; the Israel-Hamas war and the proposed Gaza cease-fire; and the controversy over Justice Samuel Alito’s recorded comments on “godliness” were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS.

Industry News

Ongoing Coverage of TALKERS 2024 Radio and Beyond

The 27th annual installment of the talk media industry’s longest running, and most important national event took place this past Friday (6/7) at Hofstra University on Long Island. TALKERS 2024: Radio and Beyond – like its colorful predecessors – was an advance sellout. The power-packed, one-day agenda featured a roster of more than 60 speakers from all ends of the talk radio and related talk media industries including talent, station owners, CEOs, programmers, technical experts, journalists, syndicators, and a wide variety of visionaries. The annual talk media industry tradition was presented by TALKERS in association with the prestigious university’s multi-award-winning station WRHU Radio and Hofstra’s Lawrence Herbert School of Communication. Key discussions included “Gaining Traction in a Noisy World,” “The Case for AM Radio,” “Generating News/Talk Revenue in the Digital Era,” “The State of Sports Talk Radio,” “The Brave New World of Technological and Generational Change,” “Programming News/Talk Radio,” “Perspectives on Hosting Television Talk,” “Philanthropy and Community Service,” “The Art of Story Telling,” “Talk Radio Programming Opportunities Beyond Politics,” “Meeting the Challenges of Being a Talk Talent,” “The Big Picture of Radio’s Role in a Rapidly Changing World,” and “The State of the First Amendment” among others. As the volumes of data generated by this gathering are sorted out, TALKERS will provide in-depth, detailed coverage of the conference in the days and weeks ahead including posting videos of its key segments.  See a selection of photos from TALKERS 2024 Radio and Beyond below.

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Glenn Beck of Premiere Networks delivering TALKERS 2024 keynote address.  He spoke about the importance of developing storytelling skills as well as maintaining authenticity.  “Mean what you say and say what you mean.”

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Howie Carr (l) of the Howie Carr Radio Network being presented the TALKERS 2024 Lifetime Achievement Award celebrating his long career as a New England talk radio staple as well as his enormous accomplishments fighting crime and corruption as an investigative journalist. Mark Goldman of Goldman McCormick PR (r) made the presentation.

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WOLB, Baltimore veteran talk show host Larry Young paid tribute to the late SiriusXM Satellite Radio icon Joe Madison in a double ceremony honoring the memory of Joe and the outstanding career of his widow/executive producer Sharon “Sherry” Madison who was the 2024 recipient of the TALKERS Woman of the Year award.  Also speaking (but not pictured) at the presentation were Dave Gorab, VP/GM of talk programming at SiriusXM and last year’s recipient Martha Zoller of WDUN, Athens, GA who accepted on behalf of Mrs. Madison who was unable to attend.

We will post more photos from TALKERS 2024: Radio and Beyond tomorrow.

Industry News

Round One of May PPMs Released

imThe first of four rounds of ratings data from Nielsen Audio’s May 2024 PPM survey has been released for 12 markets including New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island), Riverside-San Bernardino-Ontario, San Jose, and Middlesex-Somerset-Union (New Jersey). The survey period covered April 25 through May 22. Today, TALKERS managing editor Mike Kinosian presents his Ratings Takeways from this group of markets. In New York, Red Apple Media’s news/talk WABC is up one-tenth to a 3.3 share (weekly, 6+ AQH share) that lifts it to the #10 rank, while iHeartMedia’s news/talk WOR also climbs one-tenth to a 1.5 share good for the #19 rank. iHeartMedia’s news/talk KFI, Los Angeles drops six-tenths to finish with a 4.0 share and pulls it back to the #7 rank in the market. In Chicago, Nexstar Media Group’s news/talk WGN declines eight-tenths to a 3.0 share good for the #12 rank, while Cumulus Media’s news/talk WLS-AM is steady with a .9 share and the #26 rank. See Mike Kinosian’s complete Ratings Takeaways from this group of markets here.

Industry News

WWO Blog: Former P&G Exec on the 5-Question Framework

Former Procter & Gamble executive John Fix writes a guest piece on the Cumulus Media | Westwood One Audio Active Group blog in which he details the 5-Question Framework that addresses the viability of audioim advertising. The five questions are: 1) Does audio work? 2) Can audio be planned and purchased at scale? 3) Are there creative best practices for getting audio right? 4) Can audio be measured? And 5) Is the brand properly set up for success? Fix says, “These five questions are important to advertisers, providers of audio, and the industry in general. Communication with advertisers is best when it is acknowledged as to the stage of the advertiser and the industry. Failure to identify and address each step in the 5-Question Framework will cause unnecessary delay.” Read the blog post here.

Industry News

Salem Sues Insurance Company Over 2000 Mules Case

Salem Media Group is suing insurer Atlantic Specialty Insurance Company in the Central District of California for breach of contract after the insurer declined to pay a claim under the “Producer and Entertainment Advantage Policy,” it sold Salem (for the policy period of April 29, 2022 through April 29, 2023) that provided for “$5,000,000 for each claim and in the aggregate, with a retention amount of $25,000” for numerousim liabilities, including defamation. The claim was the result of Georgia resident Mark Andrews suing Salem for defamation after the film and its trailer falsely depicted Andrews committing a crime (ballot stuffing). Salem has since apologized to Andrews. Atlantic denied the claim arguing that an “occurrence that was first committed” happened before the policy inception date,” and further that it could deny coverage because there was no previous insurance for 2000 Mules although Salem says it had proof of just such a policy. Atlantic also denied saying that pre-policy advertising contributed to the defamation claim, but Salem argues that this was done by third-parties “for which Salem Media, as the film distributor, was not responsible.” Salem is asking for a jury trial.

Industry News

Good Karma’s “101.7 The Truth” at White House Juneteenth Ceremony

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Good Karma Brands staff from WGKB-AM/W269DL, Milwaukee “101.7 The Truth” are pictured above at the Juneteenth Regional Reporters Summit as part of President Joe Biden’s Juneteenth Celebration at the White House yesterday (6/10). From left to right are: on-air host Tory Lowe, marketing consultant Danyale Hegwood, general manager Cherie Harris, and on-air host and director of content Kyle Wallace.

Industry News

Benztown and P1Media Group Present Imaging Webinar

Benztown and P1 Media Group and co-presenting an imaging webinar this Thursday (6/13) at 2:00 pm ET. The free program is titled, “Getting the Most From Your Station Imaging Voice,” hosted by Benztown CEO Andreas Sannemann and P1 Media Group partner Ken Benson. It will feature Atlas Talent Agency voiceover pro Rachel McGrath. You can register for the webinar here.

Industry News

Yesterday’s (6/10) Top News/Talk Media Stories

The presidential race; the Hunter Biden felony gun charge trial; the far right victories in the EU elections; the Justice Samuel Alito “godliness” controversy; the Nancy Pelosi video clips from January 6; former President Donald Trump’s legal battles; and the Israel-Hamas war and the UN Security Council’s cease-fire resolution were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS.

Industry News

TALKERS 2024: Radio and Beyond Achieves Goals and Exceeds Expectations

WABC/Red Apple Media co-owners, John Catsimatidis (l) and his wife Margo Catsimatidis (r) are pictured with TALKERS publisher Michael Harrison (c) at “TALKERS 2024: Radio and Beyond.” This photo was taken immediately following the presentation of the 2024 Gene Burns Memorial First Amendment Award to John Catsimatidis and his acceptance address. The long-running annual honor is commonly referred to as the TALKERS Freedom of Speech Award. 

The 27th annual installment of the talk media industry’s longest running, and most important national event took place this past Friday (6/7) at Hofstra University on Long Island. TALKERS 2024: Radio and Beyond – like its colorful predecessors – was an advance sellout. The power-packed, one-day agenda featured a roster of more than 60 speakers from all ends of the talk radio and related talk media industries including talent, station owners, CEOs, programmers, technical experts, journalists, syndicators, and a wide variety of visionaries. The annual talk media industry tradition was presented by TALKERS in association with the prestigious university’s multi-award-winning station WRHU Radio and Hofstra’s Lawrence Herbert School of Communication. Key discussions included “Gaining Traction in a Noisy World,” “The Case for AM Radio,” “Generating News/Talk Revenue in the Digital Era,” “The State of Sports Talk Radio,” “The Brave New World of Technological and Generational Change,” “Programming News/Talk Radio,” “Perspectives on Hosting Television Talk,” “Philanthropy and Community Service,” “The Art of Story Telling,” “Talk Radio Programming Opportunities Beyond Politics,” “Meeting the Challenges of Being a Talk Talent,” “The Big Picture of Radio’s Role in a Rapidly Changing World,” and “The State of the First Amendment” among others. As the volumes of data generated by this gathering are sorted out, TALKERS will provide in-depth, detailed coverage of the conference in the days and weeks ahead. Check out the official Program Guide here

Industry News

Ray Stevens Back on Mornings at WLS-AM, Chicago; Steve Cochran Exits

Cumulus Media made sweeping changes to news/talk WLS-AM, Chicago on Friday as it dropped the Steve Cochran morning drive show, “The Closing Bell” and “PM Chicago” and brings Ramblin’ Ray Stevens back to host the new morning show. The station also moves Westwood One’s Michael Knowles and Matt Walsh into the PM drive hours where “The Closing Bell” and “PM Chicago” had aired. The morning drive changeim also affects air personalities Andrea Darlas and Jane Clauss, but it appears Darlas will continue with the station for weekends and her podcast. WLS-AM program director Stephanie Tichenor says, “Ray has been part of the fabric of ‘The Big 89’ for years. We’re thrilled to have him back in morning drive on 890 WLS-AM.” Stevens comments, “I am beyond ecstatic to be back doing mornings at WLS and 890 in my hometown. Special thanks to Marv Nyren and Stephanie Tichenor for having faith and believing in me. Also special thanks to KCMO’s Donna Baker and Pete Mundo who’ve let me work middays at the radio station for the better part of the year. I can’t wait to get to work and be on the air at the legendary 890 WLS-AM talking NASCAR, politics, football, and everything that makes us the greatest city in the world!”

Industry News

Kylie Moore Promoted to PM Drive Co-Host at “New Jersey 101.5”

Townsquare Media promotes PM drive producer and fill-in host Kylie Moore to co-host of the afternoon show alongside Jeff Deminski. This move comes shortly after the company cut Deminski’s longtime partnerim Bill Doyle from the co-host role. The new “Deminski & Moore” show airs from 2:00pm to 7:00 pm. Deminski states, “The stupid robots in grocery aisles, your phone that fell in a toilet, the governor’s hairstylist somehow avoiding charges, the fact that Kylie still doesn’t understand how to eat M&Ms, the neurosis we all have and never dare talk about. Kylie is fun, smart, and unique. I love the wide range of topics we’ll be able to cover.” Moore says, “I’m excited to partner with Jeff Deminski. He’s one of the hardest-working and most genuine people I know, and you can hear his passion through the airwaves. He can make me laugh, think critically, and argue with him all before we hit our first traffic break!”

Industry News

Newsmax Announces Public Offering Plan

Newsmax Inc. announces that it will seek to become a public company later this year or in early 2025 with a listing on Nasdaq or the NYSE. It says, “In preparation for this contemplated initial public offering, Newsmaxim is launching a private placement offering seeking to raise up to $225 million.” Newsmax CEO Christopher Ruddy adds, “While achieving significant success, Newsmax has stayed true to our mission of providing Americans with honest and real news. Now more than ever, especially in this election year of 2024, America needs Newsmax and you can join with us as an investor.” The current private offering currently consists of shares of the Company’s Series B 7% Convertible Preferred Stock for a maximum Offering amount of up to $225 million.

Industry News

Urban One Releases Q4 2023 and Q1 2024 Financial Reports

Urban One files its reports for the year ended December 31, 2023 and for the three months ended March 31, 2024 with the Securities and Exchange Commission after a lengthy delay due to previously reported issues with its accounting practices. For the full year of 2023, Urban One reports net revenue of approximately $477.7 million, a decrease of 1.4% from the full year of 2022. Broadcast and digital operating income was approximately $168.4 million, a decrease of 16.5% from the same period in 2022. Net income wasim approximately $2.1 million compared to net income of $34.3 million for 2022. For the first quarter of 2024, net revenue was approximately $104.4 million, a decrease of 5% from the same period in 2023. Broadcast and digital operating income was approximately $32 million, a decrease of 18.5% from the same period in 2023. Net income was approximately $7.5 million compared to a loss of $2.9 million for the same period in 2023. Urban One CEO and president Alfred C. Liggins, III states, “Our Adjusted EBITDA for FY23 came in just above the high-end of our previous guidance at $128.4 million. As expected, we suffered a drop in radio division broadcast cash flow as a result of reduced political advertising compared to Q4 2022. Other divisions performed broadly in line with expectations, although the continuing churn in cable television subscribers remains an industry-wide concern. For Q1 our national radio revenues were hit by tough comparatives on a handful of large clients plus a general softness in the market. Second quarter radio pacing’s are sequentially better, with same station core revenues down mid-single-digits and low-single digits including political… We are optimistic about political advertising revenues for the remainder of the year, which should benefit both our radio and digital divisions. During Q1 we repurchased $75 million of our 2028 notes at 88.3%, and we ended the quarter with approximately $155.7 million of cash.”

Industry News

Audacy Settles $1.4 million Tax Debt with PA Township

As it continues to work its way through Chapter 11 reorganization, Audacy settles with Lower Merionim Township, Pennsylvania over a disputed tax bill. This settlement in principle remains subject to final approval of the Township Board of Commissioners but in full settlement, satisfaction, and discharge of the Township’s Proofs of Claim for certain local taxes and related penalties, interest, and charges, Audacy will pay the Township $1,417,917 cash.

Industry News

“The Daily” Stays Atop Podtrac Podcast Ranker

Podtrac releases its Top Podcasts ranker for May 2024 (based on U.S. unique monthly audience for participating shows) and The New York Times’ “The Daily” remains ranked #1, followed by NPR’s “NPRim News Now” and “Up First” at #2 and #3 respectively. Other podcasts of note include FOX Audio Network’s “FOX News Hourly Update” rises one spot to #7; The DailyWire’s “The Ben Shapiro Show” moves up one to #8 and “The Dan Bongino Show” also climbs one spot to #9. See the complete ranker here.

Industry News

TALKERS News Notes

FOX News star Brian Kilmeade’s late morning talk radio program is added to the program lineup at Audacy’s news/talk WTIC-AM, Hartford in the 9:00 am to 11:00 am slot. Kilmeade tells TALKERS, “I’m thrilled to be joining the WTIC all-star lineup especially at this critical time in our election cycle. I can’t wait to meet and greet the listeners in person this summer!”

Talk Media Network nationally syndicated personality Wayne Allyn Root was the opening speaker at two Donald Trump events in Las Vegas over the weekend. On Saturday, he spoke at a Trump fundraiser at Ahern Hotel in Las Vegas. Then on Sunday, Root opened for Trump at a public outdoor rally.

Industry News

Top News/Talk Media Stories Over the Weekend

The presidential race; the Hunter Biden felony gun charge trial; U.S. migrant crisis; former President Donald Trump’s legal battles; the Israel-Hamas war; Marine Le Pen’s National Rally party scores victory in European Parliament elections; the Russia-Ukraine war; and the deadly heat dome affecting the Southwest U.S. were some of the most-talked-about stories in news/talk media over the weekend, according to ongoing research from TALKERS.

Industry News

Talk Media Network to Distribute The Transportation Channel

The Transportation Channel signs a multi-year deal with Talk Media Network for the latter to syndicate “The Transportation Channel Minute” beginning July 1. The Transportation Channel founder Matthew Perry says, “The transportation channel is innovating the way the world will consume its transportation news. Despite the headlines, major media outlets in the U.S. do not allocate sufficient time or resources needed to cover key advancements and concerns in the transportation sector adequately.” Perry notes that data shows U.S. households spend an estimated $1.2 trillion on transportation costs, the second largest household expense behind housing. He adds, “But until now, no media outlet has been exclusively dedicated to servicing consumers in this critically important category. I am thrilled with our partnership with Talk Media. Look out, world, here we come.”

Industry News

“OK Now You Know” Podcast Launches on June 10

Monday (6/10) is the launch of the new show, “OK Now You Know,” hosted by six-time New York Timesim bestselling author Joe Garner. The podcast is being co-executive produced by Paul Bahr of Peachtree Sound and Ron Hartenbaum of WYD Media. Garner says, “In each episode, we explore the hidden aspects of everyday life. From why popcorn pops to the science behind your favorite songs. ‘OK Now You Know’ offers a fresh look at the world around us.” Hartenbaum adds, “We’re not just sharing information; we’re inspiring curiosity. ‘OK Now You Know’ makes every day a chance to learn something new.”

Industry News

SiriusXM Debuts “Mediaite’s Press Club”

SiriusXM announces the launch of “Mediaite’s Press Club” in collaboration with Mediaite.com. Debuting tomorrow (6/8), Mediaite editor-in-chief Aidan McLaughlin hosts and executive produces that airs onim Saturdays at 10:00 am ET on SiriusXM’s bipartisan P.O.T.U.S. channel. This show will contain major interviews and showcase conversations and debates with Mediaite writers and editors, along with top reporters from various outlets. These roundtable discussions will cover the intersection of media and politics, the inner workings of the media world, and the biggest industry stories of the week. The inaugural episode features an in-depth interview with ABC News anchor George Stephanopoulos.

Industry News

Edison: “Joe Rogan Experience” Tops in UK

Not a lot of American podcasts are ranked highly in Edison Research’s survey (Q1 2024) of the topim podcasts in the United Kingdom, but UK podcast listeners love Joe Rogan as his “Joe Rogan Experience” show is #1 for the survey period there as well as in the U.S. The only other U.S.-produced podcast making the top 25 for Q1 of this year in the UK was The New York Times’ “The Daily,” finishing #22.