Industry News

Audacy Seeks to Sell Boston Real Estate

Audacy petitions the U.S. Bankruptcy Court to allow it to sell real estate as it winds its way through Chapter 11 reorganization. It is selling its tower site in the Boston suburb of Needham to ATS-Needhamim LLC for $3.5 million and its Boston real estate – the location of its radio station offices – at 83 Leo M. Birmingham Parkway – to 83 Leo Property Owner LLC for $18.1 million. Audacy will lease back the studio property for a base rent of $40,000 per month. A hearing before U.S. Bankruptcy Judge Christopher Lopez is scheduled for February 20.

Industry News

Good Karma’s WTMJ Outlines New Programming Lineup

Good Karma Brands announces that news/talk WTMJ, Milwaukee is launching a new programming lineup next Monday (2/19) that includes new shows and hosts. New programming includes “The Mid-West Farm Report” hosted by Pam Jahnke “the Fabulous Farm Babe” airing from 5:00 am to 6:00 am; “The Political Power Hour” with current WTMJ host Steve Scaffidi from 9:00 am to 10:00 am; “The Upswing,” hosted by Jeff Sherman, focusing on “the news, stories, and conversations [listeners] want to hear about Wisconsin business, the local economy, and how it affects them” airing from 10:00 am to 11:00 am; “Wisconsin’s Midday News” co-hosted by former afternoon news host Greg Matzek andim Jessica Tighe, who joins the station from “CBS58” airing from 11:00 am to 1:00 pm; “Spanning the State,” hosted by As Goes Wisconsin founder Kristin Brey, airing from 1:00 pm to 3:00 pm; and “Wisconsin’s Afternoon News” host John Mercure is joined by new co-host Julia Fello, formerly a lead reporter at WTMJ-TV. Good Karma Milwaukee market manager Greg Scalzo comments, “As a Wisconsin-based media company, we are excited to further our commitment to providing best-in-class news content that unites the state and strengthens the communities we call home. With this new lineup, one thing we wanted to emphasize is a shift in who we hear on the station and how our content can be consumed. Our fans will hear from hosts with new, diverse perspectives and experiences with shows and stories distributed across all mediums to reach fans where they are. We remain dedicated to continuing 620 WTMJ’s storied legacy, delivering purposeful news and telling the stories that matter to you throughout Wisconsin. Our new shows and voices will give us more of an opportunity to relate and be relevant to anyone who tunes in, while staying committed to the mission of being Wisconsin’s News Radio.”

Industry News

TALKERS News Notes

Cumulus Media Inc will host a conference call on February 27 at 8:30 am ET to discuss its fourth quarter and full year 2023 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 am ET.

Audacy announces that according to Triton Digital’s U.S. Podcast Report 2023, it is the number one sports podcast network, based on average monthly downloads for all networks measured in Triton’s U.S. Podcast Ranker from January to December 2023. Audacy says, “With over 600 titles in its portfolio, Audacy boasts three times more sports podcasts than any competitor and is the industry’s largest provider of sports content.”

Industry News

Top News/Talk Media Stories Over the Weekend

President Joe Biden’s age and the presidential race; former President Donald Trump’s Russia-NATO comments; the aftermath of Tucker Carlson’s interview with Vladimir Putin; Israel’s rescue of two hostages as Palestinians say more than 100 are killed in Rafah; the U.S. Senate advances a $95 billion foreign aid package; the uncertain fate of Trump’s immunity claim before the Supreme Court; Defense Secretary Lloyd Austin hospitalized again; and the run-up to Sunday night’s Super Bowl LVIII were some of the most-talked-about stories in news/talk media over the weekend, according to ongoing research from TALKERS magazine.

Industry News

TEGNA Names Rick Rogala President and GM for Columbus TV and Radio

TEGNA Inc names Rick Rogala president and general manager at the company’s Columbus station group that includes CBS affiliate WBNS-TV, sports talk outlets WBNS-FM “The Fan 97.1,” WBNS-AMim “ESPN 1460 Columbus,” and the Ohio News Network. Rogala comes to Columbus from the company’s Memphis television stations. TEGNA says, “During his career, Rogala has been on the leading edge of media convergence, leading stations to record ratings and revenue, building three media facilities, launching innovative, new local programming, and creating a groupwide sales training program.”

Industry News

Veteran Industry Executive Corinne Baldassano Exits Take On The Day, LLC

Radio industry legend Corinne Baldassano has exited her longtime position with Take On The Day, LLC – the highly successful production and management company founded and owned by Dr. Laura Schlessinger and media entrepreneur Geoff Rich to produce and manage the iconic radio personality’s radio show (SiriusXM Satellite Radio) and related projects. Baldassano joined the firm in 2005 serving as its senior vice president of programming and marketing. Based in Los Angeles, she is widely recognized as a multi-format radio pioneer as well as a leading advocate for women being afforded equal opportunities in programming and management. Her background and accomplishments in the business are extensive going all the way back to 1970 where she broke ground for female executiveim roles in management in both music and news at such stations as New York’s WHN (in news) and WPLJ (as music director). Among the highlights in her remarkable career, she served as the ABC group’s first female program director at KAUM-FM, Houston and as PD at the Boston Globe’s WSAI-FM, Cincinnati. At one point she was vice president of programming for the ABC Radio Networks. Other senior managerial stops include Watermark production studio (American Top 40 and American Country Countdown), United Stations, and as senior vice president of programming for Sony-Warner’s radio division, SW Networks. Baldassano was a co-founder and an initial board member of the Mentoring and Inspiring Women, Inc group, which sprang from the first list of women honored by Radio Ink in 1998 (on which she was included). She tells TALKERS, “In my years at Take On The Day, LLC, I built wonderful relationships with advertisers, affiliates, SiriusXM, multiple charities and Dr. Laura Schlessinger’s loyal listeners. I am truly grateful for the years spent with Dr. Laura and Geoff Rich, as the company grew and diversified into live theatrical shows nationwide, podcasts, online stores that benefited Children of Fallen Patriots Foundation, and much more. We had a great time, and I have nothing but warm wishes for their continued success as we all move on to new chapters.” She adds, “As one of the co-founders and a former board member, I will continue to work closely with Mentoring and Inspiring Women in Radio, Inc, where I serve as a key mentor to amazing women rising to be the next generation of leaders in radio. It’s one of the most important things I’ve ever done, and I get inspired by these women each and every day.” Baldassano can be emailed at baldassanoc@gmail.com or by phone at 310-562-3083.

Industry News

Ladies and Gentlemen… THE BEATLES!

imRadio personality, talk host, and voiceover performer Mark Wainwright writes today (2/9) in a piece for TALKERS magazine about the 60th anniversary of The Beatles’ appearance on “The Ed Sullivan Show” on February 9, 1964. He writes, “In early December 1963, America was a very gloomy place. The assassination of President John F. Kennedy on November 22 brought the country to a virtual standstill for four days, and the emotional and psychological hangover lingered for weeks. The nation needed a dose of uplifting energy and fun, and the Beatles were the ideal remedy.” As he notes, the arrival of The Beatles in America and their appearance on the popular Sunday night TV show “changed everything.” Read the full story here.

Industry News

BFoA Announces Speakers for Golden Mic Award Gala

The Broadcasters Foundation of America announces the presenting speakers at this year’s Golden Mic Award gala and fundraiser taking place on March 4 at the Plaza Hotel in New York City. David Barrett, retired chairman and CEO, Hearst Television; Michael J. Hayes, SVP, Hearst Corporationim and President, Hearst Television; and Emily Barr, retired president and CEO, Graham Media Group, will pay tribute to 2024 Golden Mic honoree Jordan Wertlieb, EVP and COO of Hearst. There will be a special tribute to Phil Lombardo, former longtime chairman of the Broadcasters Foundation, who passed away last month. Entertainment at the gala will be provided by Pete Caldera, well-known to New Yorkers for singing swingin’ standards made famous by Frank Sinatra, Dean Martin, and more. As previously announced, EMMY winning broadcast journalist and nationally syndicated talk show host Soledad O’Brien will return as host of the event.

Industry News

Cumulus Albuquerque Promotes Blood Drive

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Pictured above is KKOB-AM/FM midday talk host Brandon Vogt at a January 30 community blood drive remote broadcast. Cumulus Media partnered with Vitalant Blood Donation and collected 114 pints of blood for the Albuquerque blood bank. All listeners that stopped by to “Give a Pint, Get a Pint,” received a pint of ice cream for donating a pint of blood, courtesy of Blue Bell Ice Cream.

Industry News

Gunhill Road Releases Special Tribute Song in Advance of World Radio Day 2024

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Gunhill Road, the enduring band that has been making multi-genre rock and pop music spanning more than five decades, has released a brand-new song and video titled, “Over The Radio Waves,” just in time for World Radio Day 2024 (February 13). The song is a heartfelt tribute to the continuing influence of radio around the world and calls for broadcasters and listeners alike “to all stand together” in celebrating the 13th annual edition of the United Nations/UNESCO-designated international day. Gunhill Road has developed a unique niche in recent years along with tens of thousands of internet followers powered in large part to the attention and airplay given it by talk radio as a result of the group addressing topics of news and social concern in a highly musical and creative way. The band consists of co-founding member/pianist Steve Goldrich, longtime guitarist/vocalist Paul Reisch, noted Broadway theater instrumentalist/guitarist/vocalist Brian Koonin, and TALKERS publisher/vocalist Michael Harrison who performs a rap segment on the song. Radio broadcasters are encouraged to play the two-minute recording license-free during the 11 days leading up to World Radio Day. Download an audio file of “Over The Radio Waves” here. See the accompanying music video here. To arrange an interview with Michael Harrison, please email info@talkers.com.

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Industry News

TALKERS News Notes

The latest editions of Benztown president Dave “Chachi” Denes’ podcast “Chachi Loves Everybody” features two radio executives as Denes interviews Dennis Green, COO, Key Networks and Sun & Fun Media, and Jeff Warshaw, founder and CEO of Connoisseur Media. Listen to the podcasts here.

Edison Research announces that The Infinite Dial 2024 will be presented on March 28 live at Podcast Movement Evolutions in Los Angeles. A free streaming option will be available for those not attending the conference in person. Edison says, “The study provides important benchmark measures for usage and behavior around streaming audio, podcasting, radio, smart audio, social media, and more. The 2024 Infinite Dial will be presented by Edison Research VP Megan Lazovick.

Industry News

Top News/Talk Media Stories for Week of February 5-9

The battle in Congress over legislation to secure the U.S.-Mexico border and provide military aid to Ukraine and Israel was the most-talked-about story in news/talk media this week, landing atop the Talkers TenTM. At #2 this week was the failure of House Republicans to impeach Homeland Security Secretary Alejandro Mayorkas, followed by former President Donald Trump’s legal battles at #3. The Talkers TenTM is a weekly chart of the top stories and people discussed in news/talk media 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.

Industry News

Edison Research: Radio Grabs 36% of Americans’ Audio Listening

According to data from Edison Research’s Q4 2023 Share of Ear study, Americans 13+ spend 36% of their audio consumption listening to AM/FM radio. Edison says, “AM/FM radio continues to make up theim largest share of listening, accounting for more than one-third of daily time with audio among those age 13+. The vast majority of that listening (31%) is to AM/FM over-the-air signals.” (The other 5% comes from radio streams.) Behind AM/FM in listening is streaming music (20%), YouTube (14%), podcasts (11%), SiriusXM (8%), owned music (4%), TV music channels (3%), audiobooks (3%) and other (1%).

Industry News

Saga Communications Declares Cash Dividend

Saga Communications’ board of directors announces that the company is declaring a quarterly cash dividend of $0.25 per share. The dividend will be paid on March 8, 2024, to shareholders of record onim February 20, 2024. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.6 million. The quarterly dividend will be funded by cash on the company’s balance sheet. Including this dividend, the company will have paid approximately $127 million in dividends to shareholders since the first special dividend was paid in 2012.

Industry News

Wayne Allyn Root, “We Did This!”

Las Vegas-based, nationally syndicated talk radio host Wayne Allyn Root celebrates the 8th anniversary of his talk radio show (2/7). The anniversary coincides with the Nevada GOP primary that saw GOPim candidate Nikki Haley come in behind “None of the Above Candidates.” (“None of the Above Candidates” is choice that has been on Nevada ballots since 1975.)  Root tells TALKERS that he came up with the strategy of convincing his audience to vote “None of the Above” to support Donald Trump and claims, “This is Exhibit A for the power of talk radio. Look at the vote totals. The number of ‘None of the Above’ voters almost exactly matches the number of listeners to my Vegas and statewide Nevada radio show. We did this. My Nevada audience almost single-handedly ended Nikki’s presidential ambitions.”

Industry News

KNUS, Denver’s George Brauchler Running for DA Post

Former district attorney and KNUS, Denver morning drive talk host George Brauchler has steppedim away from this radio role as he prepares to enter the race for district attorney of the newly created 23rd judicial district. Brauchler led the 18th judicial district and left that position as term limits required him to. The Salem Media Group station has replaced Brauchler with “The Jeff and Bill Show” starring Jeff Hunt and Bill Thorpe.  Read the full story in Colorado Politics here.

Industry News

RTDNA to Honor 2024 First Amendment Honorees

The RTDNA Foundation announces its class of 2024 First Amendment Award honorees, recognizing 13 individuals and organizations for their efforts to promote responsible journalism and preserve the constitutionally guaranteed rights to do so. Recipients will be honored March 9 at the 33rd annual First Amendment Awards at The Watergate Hotel in Washington, D.C. RTDNA Foundation president Danim Shelley says, “It is our sacred duty to promote, protect and defend the First Amendment, which makes journalism the only vocation specifically protected in our Constitution. The individuals represented in this group of recipients embody the spirit of such journalism. And their work reminds us why it is so important to defend the First Amendment each and every day.” The honorees include: Gio Benitez, ABC News; Lauren Chooljian, New Hampshire Public Radio; Ingrid Ciprián-Matthews, CBS News; Evan Gershkovich, Wall Street Journal; Dylan Lyons, Spectrum News 13 “Citation of Courage”; Joan and Eric Meyer, Marion County Record, “Citation of Courage”; ProPublica; Rep. Jamie Raskin; Jesse Walden, Spectrum News 13, “Citation of Courage”; Clarissa Ward, CNN; Kristen Welker, NBC News; and Phil Williams, WVTF-TV, “Lifetime Achievement Award.”

Industry News

Westwood One’s Kevin Harlan to Call 14th Consecutive Super Bowl

Cumulus Media’s Westwood One is the official network audio broadcast partner of the NFL and will present comprehensive live coverage and play-by-play of Super Bowl LVIII on Sunday (2/11) as the AFC champion Kansas City Chiefs play the NFC champion San Francisco 49ers at Allegiant Stadium in Lasim Vegas. This will be the 51st time Westwood One will broadcast America’s biggest sporting event. Kevin Harlan will handle play-by-play duties for the 14th straight year, with Super Bowl XXXIV MVP and Hall of Fame quarterback Kurt Warner returning for the sixth consecutive year as lead analyst. Dean Blandino joins the radio broadcast booth as rules analyst. For the fifth time, Laura Okmin will patrol the sidelines, along with former defensive lineman Mike Golic, who returns for his third Super Bowl with Westwood One’s broadcast crew. Scott Graham and three-time Super Bowl champion Devin McCourty will host Westwood One’s pregame, halftime, and postgame coverage, with Devin’s twin brother and fellow Super Bowl champion Jason McCourty and former NFL offensive lineman Ross Tucker also contributing to the pregame coverage.

Industry News

Yesterday’s (2/7) Top News/Talk Media Stories

The U.S. migrant crisis and Congress’ failure to pass border control and aid to Ukraine and Israel legislation; SCOTUS to hear the Donald Trump election eligibility case; the Fani WillisNathan Wade relationship; the Israel-Hamas war and the humanitarian crisis in Gaza; the Russia-Ukraine war and Tucker Carlson’s claim he’ll interview Vladimir Putin; U.S. military strikes on an Iran-backed militia in Iraq; Super Bowl LVIII and MAGA’s Taylor Swift-NFL conspiracy theory; the atmospheric river bringing floods and mudslides to Southern California were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

KDKA-AM, Pittsburgh PD Dave LaBrozzi Announces Retirement

Via a message on Facebook, programming pro Dave LaBrozzi – currently brand manager for Audacy’s news/talk KDKA-AM, Pittsburgh – announces he’ll retire in early April. He writes, “I look back with gratitude. It began a long, long time ago at 1250 WLEM in my small wooded hometown of Emporium,im and I would have never imagined that all of my dreams would be multiplied by two. I was blessed with an amazing journey; from Emporium to New York City and every city in between including Nashville, Dallas, San Antonio, Austin, Baltimore and Pittsburgh…. The best part of my job was working with some of the best talent in the country. I tried to never get in their way, and I listened in awe to what they created daily. They were the reason for my success, and I am thankful for the privilege of tagging along… The time has come for me to walk away, and I do so with the deepest appreciation. If I worked with you, I hope you can say that I gave you my best and that I helped you succeed. I know my life was richer because of you and I will cherish the memories we created together. Thank you! Now, about that last break…”

Industry News

Newsmax TV Honors Memory of Rush Limbaugh on Chris Salcedo Show

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Newsmax TV paid tribute to the late Rush Limbaugh as the third anniversary of his death on February 17, 2021 approaches.  Afternoon host Chris Salcedo interviewed TALKERS founder Michael Harrison asking him to explain to younger viewers the significance Limbaugh played in the early development of conservative talk radio and how the medium has changed since his passing. See this informative exchange here.

Industry News

Jim Rome Moving Video Simulcast of Radio Show to X

The Big Lead reports from the Super Week radio row in Las Vegas that Jim Rome has announced thatim his CBS Sports Radio-syndicated program will cease its video simulcast with CBS Sports and that simulcast will move to X (formerly Twitter) soon. Rome had nothing but praise for CBS Sports and added that the video simulcast will disappear for a period before resurfacing on X at a date yet to be determined. There are no reported changes coming to the radio program itself. Read the story here.

Industry News

Pew Research: Majority of Podcasts Employ Guests

Pew Research Center says that according to its study of the podcast landscape focusing on analyzing guests featured on top-ranked shows, “most top-ranked podcasts in 2022 (76%) brought on at least one guest, with over 7,000 people appearing on these shows.” Other findings include: 1) Podcasts about certain topics tend to have guests more often, including top-ranked sports (100%), entertainment (85%)im and politics (78%) shows. In addition, 89% of news-focused podcasts (across topics) brought on at least one guest in 2022; 2) Most podcasts aren’t bringing the same guests on over and over. More than 99% of all guests only appeared once on any top podcast in 2022. In addition, about half (49%) of top podcasts brought on at least one guest more than once, and 23% hosted more than five different people more than once. The most common guests represent a range of professional backgrounds, including entertainment figures, scientists, journalists and political commentators. Pew senior computational social scientist Galen Stocking comments, “Our research has shed light on the variety of topics and approaches within the podcasting landscape. Here, we found that most top-ranked podcasts are bringing on guests, and often from a wide range of professional backgrounds. This can add to the perspectives heard on each podcast.”

Industry News

Podtrac Publishes January Top U.S. Podcasts Survey

Releasing U.S. podcast listening data for January, Podtrac reports that The New York Times’ “The Daily” unseats NPR’s “NPR News Now” as the #1 show on its chart, based on U.S. unique monthly audience.im NPR holds the #2 and #3 spots with “NPR News Now” and “Up First,” respectively. Commercial radio-related podcasts finishing in the top 20 include DailyWire’s “The Ben Shapiro Show” unchanged at #9, “The Dan Bongino Show” down one spot to #12, and FOX Audio Network’s “FOX News Hourly Update” up one spot to #14. This chart reflects programs that opt in to Podtrac measurement.

Industry News

Spotify Posts Q4 2023 Financial Date: Revenue Up 16%

Reporting both its fourth quarter 2023 and full-year 2023 operating results, Sweden-based Spotify reveals Q4 2023 revenue of €3.67 billion, an increase of almost 16% over the same period in 2022. Forim the full year of 2023, Spotify posted revenue of €13.25 billion, an increase of almost 13% over the full year of 2022. However, the company also reports a net loss of €70 million for Q4 of 2023 and a net loss of €532 million for the full year of 2023, the latter an increased loss of almost 24% from 2022 to 2023.

Industry News

Retired WBT-AM/FM Charlotte Newsman Jim Barroll Dies at 71

Retired WBT-AM/FM, Charlotte news broadcaster Jim Barroll passed away on Monday (2/5) at the age of 71 after a battle with cancer. Barroll served for more than 30 years in the WBT-AM/FM newsroom, beginning as a reporter before moving on to afternoon drive anchor and eventually news director. Barrollim retired from the station in 2016. Over the years, his focus was often on court reporting and the criminal justice system. He covered multiple Space Shuttle launches, the 1988 Democratic National Convention, the Jim Bakker trial, Hurricane Hugo, the crash of USAir Flight 1016, and the Rae Carruth trial. In 1990, he traveled with a North Carolina political and trade delegation to Germany during the aftermath of the fall of Communism in Eastern Europe and the German reunification. WBT says that Barroll and fellow anchor John Stokes were the backbone of its news operation for over 30 years. His daughter Amy posted to social media: “I will miss this man so, so much. He passed away this morning from an exceedingly aggressive mantle cell lymphoma. He was a completely healthy man a month ago. I am the luckiest person in the world to have called him my father.”

Industry News

TALKERS News Notes

Benztown will release the 10th Annual Benztown 50 List of Radio’s Biggest Imaging Voices, “the radio industry’s exclusive listing of the top 50 voiceover artists in the U.S. and Canada.” The Benztown 50 list is based on several criteria, including number of radio station affiliates, station size and market. Benztown has partnered with P1 Media Group to compile and analyze industry data that will be the foundation for this distinction. Apply now through March 1. Voice talent can apply here.

Syndicated Solutions, Inc celebrates its 25th Anniversary. The company was founded in February 1999 by Robert Carey and has successfully syndicated many radio shows over the years, including the current travel show “RMWorldTravel with Robert & Mary Carey and Rudy Maxa,” and the “Rick & Bubba Show” that is in the process of being transitioned into “The Rick Burgess Show.” Carey says, “It’s incredibly gratifying to have incubated SSI from a business trip conversation with George Green while working for Disney/ABC and successfully growing it into the company that SSI became for so many of our operating years, as well as the evolution into the more focused firm that we are today.”

FOX Sports Radio’s “The Paulie and Tony Fusco Show” was awarded the 2024 Sports Podcast Award for “Best Sports Comedy,” from The Sports Podcast Group. “The Paulie and Tony Fusco Show” is a satire of sports talk radio and “hot take” media personalities. It is written, produced, and hosted by veteran sports talk producers Andrew Samson and Sharief Ali, who play two Philadelphia Eagles fans who claim to have the “smartest” sports takes, when in reality their takes are terrible.

Industry News

Yesterday’s (2/6) Top News/Talk Media Stories

A federal appeals court rules former President Donald Trump does not have immunity from prosecution; the U.S. House fails in a vote to impeach Homeland Security Secretary Alejandro Mayorkas; under pressure from Trump, Senate Republicans are expected to block the bipartisan border deal and aid for Ukraine and Israel package; the Israel-Hamas war and the humanitarian crisis in Gaza; the Russia-Ukraine war; the 2024 presidential race; a Michigan jury finds Jennifer Crumbley guilty of manslaughter; and Tucker Carlson’s visit to Moscow and his expected sit-down interview with Vladimir Putin were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

Audacy Won’t Challenge BMI Merger in Exchange for $25.4 Million in Stock

A bankruptcy court judge is agreeing to Audacy’s settlement with BMI in which Audacy agrees not to challenge BMI’s pending merger in exchange for at least $25.4 million in BMI stock. This comes as Audacy makes its way through the Chapter 11 proceedings and addresses both the audit dispute and fee dispute Audacy has with BMI. Regarding the audit dispute over how many BMI shares Audacy owns,im Audacy agrees to pay BMI $550,000 in settlement of those claims. Audacy and BMI agree to resolve the fee dispute with 60 days of BMI’s merger. Based on the results of the 2017-2019 Audit, BMI asserted that Audacy owed approximately $1.68 million in fees to BMI. Audacy disputed BMI’s claim and, since 2020, has been negotiating with BMI to settle that matter and any potential claims relating to Audacy’s 2020 revenue subject to license fees. BMI has also asserted that Audacy owes approximately $9.26 million in unpaid license fees and accrued late fees, which Audacy disputes. Audacy says in its filing that this “Settlement is in the best interest of all stakeholders (including Debtors’ secured creditors, the only impaired parties) because it will, subject to the closing of the merger, bring in at least $25 million of funds to the Debtors’ estates (potentially within days of this settlement being approved), with the possibility for up to an additional $13.6 million in the following months.”

Industry News

Ron Cook Retires from KDKA-FM, Pittsburgh

Patch.com reports that KDKA-FM, Pittsburgh “93.7 FM The Fan” air personality Ron Cook announced his retirement from the station yesterday (2/5). Cook is one of the original hosts who joined the station atim its inception in 2010. Cook told his listeners, “It’s been a blast with you guys.” Cook is also a sportswriter for the Pittsburgh Post-Gazette. He’ll leave that position after his last column appears on Sunday. Audacy Pittsburgh SVP and market manager Michael Spacciapolli comments, “From the first day ‘93.7 The Fan’ signed on the air, Ron brought instant credibility to the station with, not only with reputation as one of the top columnists in the market, but also a trusted voice that sports fans wanted to hear from. That is a rare combination, and to this day we are fortunate that Ron was here with us from the beginning.” Read it on Patch here.

Industry News

WWO: AM/FM Radio Ads Provide 14% Average Lift in Site Traffic

This week’s Cumulus Media | Westwood One Audio Active Group blog looks at the results of 17 attribution studies the company commissioned from LeadsRX for AM/FM radio campaigns for various goods and services. Some of the conclusions drawn from these studies include: 1) On average, AM/FM radio campaigns generated a +14% lift in site traffic across the 17 campaigns. Campaigns are measured against LeadsRx benchmarks to determine the performance of attributed lift. The scale ranges from aim small attributed lift (0% to +3% lift) to excellent (+15% or more). Across the 17 campaigns analyzed, the average attributed lift was +14%. Three tax preparation service campaigns achieved “excellent” status ranging from a +30% to +48% attributed lift; 2) On average, the 17 AM/FM radio campaigns saw the highest percentage of impressions at the start of the week, peaking on Mondays and Tuesdays. Compared to the Nielsen impressions, the AM/FM radio campaigns outperformed on Saturday, Sunday, and Monday. Advertisers should increase their use of AM/FM radio on the weekends. AM/FM radio campaigns on weekends drive impact and results; and 3) On average, evenings have a greater share of attributed web sessions due to available devices and free time of consumers. Mornings historically underdeliver their share of impressions since consumers are busy getting ready for work and school. This expected pattern should not be a reason to move campaign weight out of morning drive. Morning drive exposure results in web sessions during later dayparts when consumers have the time and available devices to respond. Read the full blog post here.

Industry News

Ratings Analysis: News/Talk During the Holiday Survey

imToday, TALKERS magazine managing editor Mike Kinosian does a deep-dive into the recent performances of the news/talk format during Nielsen Audio’s “Holiday” PPM ratings period. He writes, “Last week, we recapped how all-news stations have recently performed in (volatile) ‘Holiday’ survey periods. As a companion piece, the data summarizes ratings performances of news/talk stations in the two most recent ‘Holiday’ sweeps.” See the full story here.