Union Comments on Audacy’s WCBS-AM, New York Decision
The radio industry was in shock yesterday after Audacy announced it will shut down the all-news format on New York’s legendary WCBS-AM and lease the signal to Good Karma Brands for its “ESPN New York” sports talk format. The Writers Guild of America East represents news staffers at the station, and it had the
following response to the company’s decision: “The Writers Guild of America East is devastated that Audacy, the second largest radio company in America, today announced that they are shutting down WCBS Newsradio 880, a trusted news source for New Yorkers since 1924. There were 23 WGA East members laid off by Audacy, and we expect the company to comply with the applicable provisions in our collective bargaining agreement, including guaranteed severance. Audacy is the owner of more than 200 radio stations in nearly 50 markets. The closure of WCBS Newsradio 880 is another example of consolidation by a major media conglomerate, which ultimately deprives the public of critical local news stories with different perspectives. Audacy’s decision is even more egregious given that this is a critical election year. This is a giant loss for New York City and the news industry at large.”
loved my time there, but circumstances change and it was time to move on. I’m deciding next steps, and took some time away to collect myself and reassess my priorities. I still love telling stories, and want to continue to do so. What form that takes is still to be decided. It may end up that I start giving a more pointed (read: opinionated) take on some news and issues than I was able to before. But I also cherish impartial reporting and fairness. It’s the backbone of what I’ve always done and strive to do. That’s why I have remained silent thus far. But I continue to read and listen to both sides of the issues critical to Washington. I remain committed and engaged, even if I don’t have the same platform to speak through.”
of broadcast, events, digital and podcast products to advertisers across all markets. In this role, Reed will manage iHeartMedia’s largest individual sales team and create advertising opportunities for brands and iHeartMedia partners across the company’s array of platforms including radio broadcasting, digital, mobile, outdoor, live concerts and events and more. iHeartMedia president of multimarket partnerships Julie Donohue says, “We’re thrilled to welcome Angela and her extensive experience to iHeartMedia. We know she’ll make an immediate positive impact as SVP of our Inside Sales Division, a key role in keeping our company thriving and broadening our reach even further.” Reed most recently served as chief sales officer at Miradore, a purveyor of mobile device management software.
that partner with Audacy’s own sports talk stations. Some of the key takeaways from this study include: 1) Sports fans are 4x more likely to trust brands that support their teams; 2) Listeners are 4x more likely to catch a brand’s message on sports radio than on TV; 3) 73% of fans spend more time following their favorite teams on sports audio than sports-related digital media; and 4) Brands that advertise on Audacy sports stations enjoy a 40% lift in usage. 
City; KOSY-FM, Cedar Rapids; KXIC-AM, Iowa City; and WFXN-AM, Quad Cities. The company says programming will highlight sports from University of Iowa, Iowa State University, various high schools and other local sports topics. The program lineup is: “The Morning Rush with Travis Justice and Ross Peterson” from 6:00 am to 8:00 am; FOX Sports Radio’s Dan Patrick from 8:00 am to 11:00 am; FSR’s “The Herd with Colin Cowherd” from 11:00 am to 12:00 noon; “Miller and Condon” from 12:00 noon to 2:00 pm; and “The Drive with Heather and Sean” from 2:00 pm to 6:00 pm.
the Audacy station to become part of a new show on FS1. Parkins has worked alongside Matt Spiegel on the afternoon drive program for the past seven years. This summer, Parkins filled in for Colin Cowherd on the cable TV show The Herd and reportedly acquitted himself well. The FS1 show is scheduled to launch this fall. Parkins and Audacy have not commented publicly about the story.
engineering. In his new role, he will be responsible for overseeing all engineering activities across Beasley’s 57 radio properties throughout the United States. Beasley CEO Caroline Beasley comments, “Lamar’s commitment, dedication and experience are exactly what we need as the organization continues to evolve and innovate into the future.” Smith, who will remain based in Charlotte, says, “Many thanks to Caroline and the Beasley family for this incredible opportunity. I look forward to being able to lead the engineering division as the company continues to evolve for years to come.”
65 after a battle with cancer. Burns hosted a show on WGDJ from 2012 through 2014. After leaving her radio show, she became director of operations at Veterans Miracle Center, where veterans and military personnel could get new items they need at no cost. 
Malone – an unapologetic liberal on a station comprised of conservative talk hosts – anchored the 9:00 am to 10:00 am hour. He posted to X, “I’ll have more to say later, but after decades of loyalty to my company, they fired me after my show today and didn’t give me a chance to say goodbye to my listeners. I’m grateful for all of the support I’ve received for so long.” Malone was a longtime cast member on the “Lanigan & Webster Morning Show” on WMJI-FM, Cleveland. His program on WTAM debuted in April of 2022. 
York market president Chris Oliviero states, “New York has always been proudly unique in supporting two all-news radio brands, but the news business has gone through significant changes. The headwinds facing local journalism nationwide made it essential to strategically reimagine how we deliver the news for the most impact. WCBS 880 has been one of the most respected radio stations in history, with a legacy cemented by the hundreds of world-class journalists, on and off the air, who willed it into existence over the decades. If it happened in New York or the world, you heard about it on WCBS 880. Today, 1010 WINS@92.3FM, equally iconic, moves forward as New York’s only 24/7 all-news station with the best distribution platform, the largest audience and the most recognized brand in the industry. All-news is a pillar of Audacy, and this decision, though difficult, fortifies that leadership position for generations to come.” Audacy says that to honor WCBS 880’s meaningful impact, the station will broadcast a live commemorative special, “WCBS 880 News: The People, the Moments, and the Events that Shaped our Lives,” on August 22 from 10:00 am to 1:00 pm ET. This special edition of “NEWSLINE” with Brigitte Quinn will include interviews and historical clips. Audacy New York will continue to serve as the exclusive rights holder and flagship audio home of the New York Mets. Audacy-produced broadcasts will continue to air on 880 AM and stream on the Audacy app.
success of our digital transformation strategy led to a 10.4% year-over-year increase in same-station second quarter digital revenue, partially offsetting ongoing challenges related to softness in the audio advertising spot market. Digital revenue accounted for nearly 22% of total second quarter revenue, in-line with our full-year 2024 goal of 20% to 25% of total revenue. On the new business front, our dedicated sales teams are leveraging the audience reach and engagement of our platform to attract new advertisers. We have and will continue to see the benefit of political revenue through the end of year, and at the same time, we are taking aggressive action to address near-term challenges through expense management initiatives, which drove approximately $2 million in expense savings compared to the prior year. We expect to achieve $10 million in annualized expense savings.”
“If you missed Biff & Bev in-the-Morning, you missed…” It’s a donut: produced open and close, with an aircheck clip in the middle.
Interamercana de Radio SA de CV, Flagstaff, Arizona-based ad agency owner Bill Hagen leased the signal and launched a new sports format as “The Mightier 1090 ESPN” built around San Diego sports talk personalities including Scott Kaplan. Hagen tells the Times he’s not disappointed and says considering the launch of the station during the beginning of the pandemic in 2020 was definitely a challenge. He says, “We accomplished something that had never been done before and during a very challenging time in the economy and broadcasting.” 
acquisition of five radio stations and one translator in Lafayette, Indiana on May 31, 2024, and that the stations were operated by Saga for one month during the second quarter of 2024. Saga paid a quarterly dividend of $0.25 per share on June 28, 2024. The aggregate amount of the quarterly dividend was approximately $1.6 million. To date, Saga has paid over $132 million in dividends to shareholders since the first special dividend was paid in 2012. Saga’s balance sheet reflects $24.1 million in cash and short-term investments as of June 30, 2024, and $26.2 million as of August 5, 2024.
located another device that had many if not all of the text messages. Those messages were produced to Smartmatic in the litigation. Newsmax also notes that it informed the Special Master that neither Ruddy nor any senior staff sought to hide text messages or emails, which in many cases were also collected from dozens of other Newsmax witnesses in the case and produced to Smartmatic. Newsmax separately filed a Motion for Sanctions against Smartmatic on May 13, 2024, and a Motion for Contempt against Smartmatic on July 16, 2024. Both of those motions remain pending. In its motions Newsmax argues that Smartmatic and its executives have misled Newsmax, the Special Master, and the Court about the Department of Justice’s ongoing criminal investigation into Smartmatic in which the agency alleges that Smartmatic and several of its senior executives participated in an international scheme involving a multi-million-dollar bribe allegedly made to an election official in the Philippines in exchange for the company getting nearly $200 million in contracts. 
radio station of the back-to-back defending Super Bowl champion Kansas City Chiefs and broadcast all pre-, regular and post-season games. Chiefs games will be simulcast on 106.5 The Wolf “WDAF-FM” for the 2024 season.” The station will also serve as the play-by-play home of the Kansas City Royals, Kansas State University and University of Missouri men’s basketball and football. The station’s weekday programming and play-by-play content will also be heard on KFNZ-AM “The Fan AM 610,” formerly known as KCSP-AM. Audacy Kansas City SVP and market manager Roxanne Marati comments, “Kansas City has the most passionate sports fans in the country, and they deserve a one-stop destination for premium sports content year-round. This is an exciting time for KC sports, and our exclusive partnership with the World Champion Chiefs, local content and engaging personalities with unrivaled sports knowledge will fuel fandom, bring listeners closer to the action and keep them connected to their favorite teams.”
-host John Lopez and producer Edward “Figgy Fig” Gilliard on KILT-AM “SportsRadio 610,” beginning August 19. KILT brand manager Parker Hillis comments, “We’re thrilled to have Reggie join ‘In The Loop’ as the newest host. He’s a natural talent whose on-air enthusiasm and innate ability to connect with an audience will make him the perfect fit here in Houston.” Adetula is a native Houstonian who returns home after nine years as the evening host and producer on Audacy’s KRLD-FM, Dallas “105.3 The Fan.” 
2003 and 2004 Super Bowl winning radio broadcasts, followed by the inaugural “Felger & Mazz” show. Throughout its 15-year history, the station has received numerous industry accolades, including the National Association of Broadcasters’ Marconi Award for “Sports Station of the Year” in 2011, 2014, 2019 and 2023. Station program director Rick Radzik says, “For me, being with the station since day one, I have always felt proud and privileged to be a part of the ‘Sports Hub’ team these past 15 years. We look forward to celebrating the milestone all next week on air and online with many stories and recollections from our on-air talent.”
The fourth of four rounds of ratings data from Nielsen Audio’s July 2024 PPM survey has been released for 12 markets including Austin, Raleigh, Indianapolis, Milwaukee, Nashville, Providence, Norfolk, Jacksonville, West Palm Beach, Greensboro, Memphis, and Hartford. The survey period covered June 20 through July 17. Today, TALKERS magazine editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In Raleigh, iHeartMedia’s news/talk WTKK-FM adds three-tenths to finish with an 8.9 share (weekly, 6+ AQH share) that keeps it locked in the #3 rank, while Curtis Media’s news/talk WPTF is up one-tenth for a 0.6 share finish good for the #23 rank. In Milwaukee, iHeartMedia’s news/talk WISN adds a half share to finish with a 13.0 share that keeps it ranked #1 for the eleventh straight month. (Good Karma Brands’ crosstown competitor news/talk WTMJ ceased subscribing to Nielsen several months ago.) In Nashville, Cumulus Media’s news/talk WWTN-FM rises 1.2 shares for a 6.7 share finish that lifts it to the #3 rank, while iHeartMedia’s news/talk WLAC adds three-tenths to finish with a 1.3 share and remains ranked #18. 
Wall Street investors do not put up money for traditional radio and television stations.
comments, “Our second quarter results mark the first quarter that our consolidated revenues increased year-over-year since Q4 2022. We continue to see strong momentum in our podcast business, our Digital ex. Podcast business, and have seen sequential improvement of our Multiplatform Group’s year-over-year revenue performance. This performance is built on iHeartMedia’s strong and unparalleled audience and demonstrates the progress we are making in maximizing the monetization of it.” Company COO and CFO Rich Bressler adds, “We continue to see signs of improvement throughout our business and the broader advertising marketplace, and our second quarter 2024 results were in line with, and in the cases of revenue, slightly above guidance. Our high-growth Digital Audio Group revenues were up 10% year over year, and represented 31% of our company’s revenues, and our Multiplatform Group revenues exceeded our previously provided guidance. Our full year 2024 political revenues are currently pacing approximately 20% higher than the last presidential election cycle, which gives us confidence that this will be a record political year for us, and we expect to see a significant year-over-year improvement in our full year Adjusted EBITDA performance.”
$22.2 million, a decline of 26.7% from the same period in 2023. Urban One CEO and president Alfred C. Liggins III states, “On a same station basis our radio division finished Q2 -5.6% excluding political, and -3.0% with political. We saw a sequential improvement in national revenues vs. Q1, which was offset by weaker local revenues. Q3 core radio revenue is currently pacing down 6.9% on a same station basis, down 5.1% including political, and up 7.0% overall. We are starting to see a significant uptick in political advertising revenues, and remain optimistic for the remainder of the year, which should benefit both our radio and digital divisions. Our Cable TV business continues to suffer from subscriber churn and audience delivery shortfall, impacting both advertising and affiliate revenues, although we are seeing a bounce-back in ratings and delivery in Q3. Our digital business experienced weaker advertising demand than prior year but remains well positioned for the second half of the year, particularly with political and CTV advertising. During Q2 we repurchased an additional $35.5 million of our 2028 notes at 78.0%, and we ended the quarter with approximately $132.4 million of cash.”
-hourly money news reports Monday through Friday in middays and PM drive. Robison most recently served as evening news anchor at Townsquare Media’s WKXW-FM, Trenton New Jersey 101.5.” Compass Media Networks also names Joe Mackay director of audio sales. The 25-year radio sales pro, based in Chicago, will manage advertising sales relationships throughout the West Coast and Midwest. Also joining the company as manager of sales planning is Laura Schaeffer. The 10-year radio industry pro will help manage customer relationships and assist sales executives and management with sales proposals and inventory management. She is based in New York.