Uncategorized

TALKERS News Notes

Edison Podcast Metrics data from Edison Research indicates that the podcast, “New Heights with Jason and Travis Kelce,” has skyrocketed in listening over the last two months. Since Travis’ romance with Taylor Swift became public, the show has experienced a staggering four-and-a-half times increase in weekly reach among podcast listeners age 13 and older in the U.S. The influx of Swifties appears to have contributed to these numbers. Not only has the high-profile romance between Kelce and Swift helped grow the show’s weekly reach, but it has also significantly changed the gender breakdown of the show’s listeners. Before the pairing, the show’s listening base was 32% female, now the much-larger audience is 50% women.

AdLarge Podcast Network announces that three programs are joining the network. The company says the inclusion of “The Moments Podcast” featuring Lexi Hidalgo, “Dear Young Married Couple,” and “The Mother Daze ” exemplifies AdLarge’s ongoing dedication to championing and elevating the voices of women in podcasting.

Virtual News Center adds new affiliate KTNK, Lompoc, California to its growing roster of radio stations. Jared Cerullo provides local newscasts for the Sticks Media, LLC station.

Uncategorized

Salem Washington DC Reports from “March for Israel” Rally

Media coverage of Tuesday’s “March for Israel” event at the National Mall included Salem Mediaim Group’s general manager for Christian talk WAVA-FM, Washington, DC Chuck Olmstead. Olmstead tells TALKERS, “It was an amazing day to be at that at that gathering. I met some amazing people. One Jewish woman I interviewed has a home in Bethesda, MD as well as a home in Israel. She was at her home in Israel on 10/7 and continued to stay in Israel but came back for the rally. She was articulate and had a great story to tell. It is interviews like that, that are hard to distill down to sound bites.”

Uncategorized

Disney Breaks Out ESPN Revenue

For the first time, Disney is releasing financial data for its ESPN operations in a corporate filing with the Securities and Exchange Commission. Alexandra Canal at Yahoo!Finance writes that ESPN “generated more than $16 billion in revenue and $2.9 billion in operating profit in Disney’s fiscal yearim 2022, which ended on Oct. 1, 2022. The bulk of that revenue and profit came from its domestic business at $14.6 billion and $2.81 billion, respectively.” The filing also shows how important cable television is to ESPN’s bottom line. Canal writes, “The bulk of the sports segment revenue came from affiliate fees at $10.8 billion followed by advertising at $4.4 billion and subscription fees for ESPN+ at $1.1 billion. ESPN typically has the highest carriage fees, or fees pay-TV providers pay to network owners to carry their channels, of all basic cable networks. According to an estimate from SNL Kagan, ESPN charges pay-TV operators $8 to $9 per subscriber.” Read the Yahoo!Finance piece here.

Uncategorized

KBLA, Los Angeles Expands “A More Perfect Union”

Smiley Audio Media’s Los Angeles talk station KBLA “Talk 1580” announces the expansion of the program hosted by the station’s chief national affairs analyst Dr. Nii-Quartelai Quartey titled, “A More Perfect Union” that now airs daily from 1:00 pm to 2:00 pm. KBLA says, “Dr. Quartey, an ‘Oprah’ showim alumni and Washington, D.C. insider with L.A. street credibility promises a daily dose of what’s trending in national politics that goes beyond the headlines… now airing five days per week, ‘A More Perfect Union’ promises to deliver national news of consequence, informed opinion, and analysis beyond the headlines… This one-hour national public affairs program, executive produced by Tavis Smiley, will feature notable journalists, industry leaders, lawmakers, changemakers, tastemakers and ordinary people motivated to do their part to reach beyond today’s divisions, make sense out of news of the day, and offer us all a chance to build a more perfect union.”

Uncategorized

The Elvis Duran Podcast Network Debuts

iHeartMedia and Elvis Duran partner to create the Elvis Duran Podcast Network to be distributed by iHeartPodcasts. The agreement includes a slate of original entertainment podcasts that will be co-produced byim Duran and iHeartPodcasts including a new, original progam called, “Thinking Out Loud with Elvis Duran.” The first episode features a conversation with singer-songwriter Kesha. Additionally, the network will be home to the replay podcast of “Elvis Duran and the Morning Show.” Duran says, “We’re excited to launch this network and connect with even more listeners and fans. I’m confident the audience will love the variety of personalities, including Tommy DiDario and Medha Gandhi, and the entertaining programs that we’ll be presenting. I’m also looking forward to sitting down with a wide range of people on my new podcast and taking a deep dive in whichever direction they choose – something I’m not always able to do on my radio show. It’s going to be a fun adventure together!”

Uncategorized

TuneIn Offers Free Digital Transmission to AM Radio Stations

Audio content aggregator TuneIn is offering FCC-licensed AM broadcasters in the U.S. access to its analytics service Amplifier and increase the sound quality of their digital broadcasts for free with TuneIn On-Air. The company says, “With the accessibility of terrestrial radio on the decline, from electric vehicles without receivers to smart home systems that rely entirely on digitallyim streaming content, the industry is at a critical crossroads. TuneIn On Air digitally optimizes the reach of audio content to over 30 million TuneIn users across the country. Accessibility of AM content also increases to over 200 connected devices that partner with TuneIn, including, but not limited to, Amazon Alexa; Google Home; Sonos and Bose speakers; all iPhones and Android-based phones; and Tesla, Fisker and VinFast electric vehicle integrations.” TuneIn CEO Rich Stern adds, “The future of AM Radio is on the top of all of our minds. TuneIn is committed to helping AM radio thrive in the digital world. It offers such a vast and rich library of audio programming that is integral to millions of Americans’ daily lives. Offering AM broadcasters the opportunity to digitize through TuneIn On Air for free is one way we can build a brighter future together.”

Uncategorized

Wisconsin Firm Attempting Counterpoint to Conservative Talk

A story in WisBusiness profiles the new statewide radio network in Wisconsin called Civic Media whose goal is to “offer a ‘counterpoint’ to conservative talk radio while elevating local and state-level issues.” Company CEO Sage Weil – described as “a successful software developer and a major Dem donor in the state” tells the publication that the “ongoing erosion” of local media is an obstacle that needs to be overcome. He says, “Civic Media’s mission is to refocus our attention on state and local issues, and we’re doing that by building a network across Wisconsin of hometown radio stations that are bringing as much local and state-based content to the airwaves as we possibly can.” The piece says that Civic Media has been acquiring radio stations, but it appears it is leasing at least some of them, such as WMDX-AM/W224EG, Madison “Mad Radio” which is owned by Good Karma Brands. Regardless, it is presenting programming on about a dozen stations with its eye on having about 20 stations in its network. Weil says the network is trying not to be positioned as liberal talk. “We don’t take sides as far as one political party over the other, except that our core values and mission … are around things like democracy, transparency and so on. It’s very difficult to be pro-democracy and not be voting for, you know, Democrats these days.” Read the whole story here.

Uncategorized

iHeartMedia Q4 2022 Net Revenue Rises 6%; Full Year Up 10%

iHeartMedia reveals operating results from the fourth quarter of 2022 and for the full year of 2022. The company says net revenue for Q4 was $1.12 billion, an increase of 6% over the same period in 2021, and full year net revenue for 2022 was $3.9 billion, up 10% over the previous year. The company reports net income of $80.6 million for Q4 of 2022 and a net loss of $262 million for the full year. iHeartMedia breaks its results intoiHeart - Logo three segments. The Multiplatform Group (including broadcast stations, networks and sponsorships & events) reports Q4 revenue of $732 million – a 0.9% increase over Q4 2021. Broadcast revenue grew $3 million, while Networks declined $5.5 million (4.1%). Revenue from Sponsorship and Events increased by $8.1 million (12.1%). The Digital Audio Group reports revenue of $301 million in Q4 of 2022 – up 10.2% Robert Pittman - MTVover Q4 of ’21. Podcast revenue increased by $16.4 million (16.9%). The Audio & Media Services Group reports Q4 2022 revenue of $94.5 million – an increase of 44.3% over the same period in 2021. iHeartMedia chairman and CEO Bob Pittman says, “We are pleased to report another quarter of solid operating results for iHeart in consumer usage, revenue, and earnings growth. The fourth quarter was our best quarter for Revenue and Adjusted EBITDA – and on a full-year basis, in 2022 we generated the highest revenue and the second highest Adjusted EBITDA and Free Cash Flow year in iHeart’s history. Even in this continuing challenging and uncertain economic environment, we continue to make strong progress in our transformation of iHeart into a true multiplatform audio company – driven by innovation, supported by data and technology, and powered by the largest sales force in audio – and we are positioning iHeart to take advantage of the coming economic recovery.”

Industry News Uncategorized

TheVerge: Why iHeartMedia’s Conal Byrne is Bullish on Podcasting

Conal Byrne, the CEO of iHeartMedia Digital Audio Group, spoke with Nilay Patel about the podcasting industry at TheVerge’s recent Hot Pod Summit. In the wide-ranging interview, Byrne says iHeartMedia’s structure with its radio group part of the Multiplatform Division and podcasting part of the Digital Audio Group does not limit how the two interact. “To be clear though, there’s a whole lot of fluidity between these segments.Conal Byrne - iHeartMedia One thousand or so of the sellers that I mentioned sit in the multi-platform group, and they certainly sell all the assets we have. We have this mantra at the company that ‘Any seller can sell anything any day of the week wherever they live and work,’ and that has rung pretty true. That’s driven most of our growth in podcasting over the last two, three, four years at the company.” He also credits iHeartMedia’s history as a radio company with educating him about how radio personalities have developed the art of conversation. “But I have learned firsthand and talked a lot about the extent to which broadcast radio talent has honed this craft of conversation over the last hundred years and certainly the last few decades, and the extent to which that has driven our medium, just sheer talent hitting the medium, but also with an awareness of the medium.” Read the full story here.