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 on
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.
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.”
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.
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
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.
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…”
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.
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.”
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.
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.
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.”
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.”
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.”
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.
Today, 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.”
video stream in partnership with YouTube on the iHeartRadio Channel. Podcast fans help decide the winner of the Podcast of the Year by voting online at iHeartPodcastAwards.com now through February 18. This year’s nominees include “Crime Junkie,” “The Daily,” “My Favorite Murder,” “New Heights,” “Normal Gossip,” “On Purpose with Jay Shetty,” “The Retrievals,” “Scamanda,” “SmartLess” and “Wiser Than Me with Julia Louis-Dreyfus.” iHeartMedia Digital Audio Group CEO Conal Byrne says, “As the podcast industry continues to rapidly grow, this past year has clearly proven that podcasters are always innovating in the audio space and finding new ways to reach and engage new audiences. The nominees for the 2024 iHeartPodcast Awards reflect the results of honing that creativity and we’re thrilled to celebrate and once again empower these creators and elevate the podcast industry together live in person at SXSW.”
total Audio campaigns — including radio, streaming and podcast advertising— with Veritonic allows us to show the power of Audacy’s content in connecting with audiences and mobilizing customers. We’re thrilled to continue our partnership and enable our clients and advertising partners to leverage audio to achieve the utmost in competitive edge, reach, and ROI.”
RAB in 2000 to help create databases and programming as RAB.com was emerging on the internet. Since then, she has designed RAB’s proprietary systems touching nearly every aspect of RAB services and operations including, RAB’s CRM product Account Manager, GoCart (RAB’s e-commerce platform), training and education management platform and Radio Mercury Awards’ database and entry platform. Promoted in July 2023, Madison Wright is the director of events and communications for RAB, intertwining her passions for public relations, social media and creating “memory-making moments” with her love for radio. RAB president and CEO Erica Farber states, “RAB is proud and delighted to promote all three dedicated and accomplished team members. I am truly excited to see how they will continue to grow professionally and super serve RAB’s membership.”
other members of our unit. First and foremost, we denounce layoffs in their entirety; we believe this form of ‘cost cutting’ is fundamentally avoidable, and we don’t think innocent, hardworking staff should ever lose their livelihoods over mismanagement at the highest levels of a company. As previously reported, our parent company, Audacy, filed for bankruptcy at the beginning of this year after racking up $1.9 billion in debt. This same company also gave out at least $3.2 million in executive bonuses just months prior… Today, our union began the bargaining process where we will be fighting for the severance that our colleagues deserve — compensation that honors the immense time, skill, and creativity that each of them dedicated to the company over the years.”
income of $1.21 billion reported for the full year of 2022. The company says, “SiriusXM added approximately 131,000 new self-pay subscribers in the fourth quarter of 2023. For the full-year 2023, self-pay subscribers decreased by 445,000 and we ended 2023 with approximately 34 million total subscribers.” SiriusXM CEO Jennifer Witz comments, “In 2023, SiriusXM laid the groundwork for future growth through the successful launch of our next-generation platform and the new SiriusXM app. Our commitment to growth was also demonstrated by strategic content investments that expanded our reach to new listeners and by staying true to our identity as a hub for curated, live and on-demand audio experiences. As we look to 2024, our guidance reflects substantial efforts and investments to enhance the value proposition of our subscription and advertising businesses, which we believe will strengthen our long-term growth profile.”
amount raised brings the fundraising total to more than $4.2 million since 2010. Audacy Minneapolis SVP and market manager Jeff Gonsales says, “I couldn’t be prouder of everyone’s hard work on this event. This is yet another great example of how local radio can truly help change lives. We’re so grateful that WCCO can partner with Second Harvest Heartland and impact the community on such an amazing and rewarding day.”