Industry Views

Pending Business: Upsell

By Steve Lapa
Lapcom Communications Corp
President

imAlmost everything I know about pricing strategy I learned from domestic airlines. Guess what? Airlines are at it again and I hope you are watching and learning.

As a young national sales manager, then general manager, based in South Florida in the 80s, I became a student of some of the best competitive marketing strategies ever created. Anyone would be hard pressed to remember all the domestic airline brands that serviced South Florida back then. Off the top of my head, here are the nine I remember: Eastern, Delta, Continental, American, United, US Air, Pan Am, TWA, and for a short time, Florida Airlines. Depending on the routes and time of year, the competition was crazy. Once the fourth quarter holiday season began in these pre-computerized days, last-minute changes kept me at my desk way too long, showing up late for several holiday dinners. Pricing, heavy ups, and copy changes came down with minimal lead time and a mandate of no make goods. Computers were first working their way into radio stations. Inkjet printers were in development and mobile phones were still in the lab at Motorola.

Armed with a desktop calculator, pencil, and yellow pad, I worked feverishly to keep up with the airline marketing tsunami that hit the Miami market leading up to Christmas travel. Our traffic department was the only part of our radio station that worked with computers. Nevertheless, stress and anxiety ruled until all orders were correctly inputted and confirmed. Once the smoke cleared, I decided to learn from our clients, the original pricing disruptors: the airlines of the early 80s.

After visiting with marketing directors, I learned how market demand and inventory were calculated and balanced to determine pricing. Later, I studied how Southwest successfully pre-sold into markets they were about to service. The successful airlines taught me how to improve the execution of “grid card rate management.” How to fine-tune and balance anticipated sell-out levels and integrate seasonality. Later, the art of successful pre-selling became an important part of our mission.

Fast-forward to today’s airline marketing and pricing. It’s all about the upsell. Consider all the options you have once you book that economy ticket. From early boarding, extra legroom, baggage fees, refundable vs. non-refundable tickets, travel insurance, to double the points, etc.

Airline income and profits are still on the post-pandemic upswing. Domestic travelers are out in force, many travelers comfortably participating in the upsell. The strategy is working.

Few if any radio-audio sellers are skilled in upselling. Most managers are not skilled in the upsell strategy and rarely have the time to learn. The concept may feel a little awkward at first, but once you understand how to work with the spectrum of assets your platforms can offer, the upsell strategy can help increase your sales as you help your clients!

Steve Lapa is the president of Lapcom Communications Corp. based in Palm Beach Gardens, FL. Lapcom is a media sales, marketing, and development consultancy. Contact Steve Lapa via email at: Steve@Lapcomventures.com.

Industry Views

Monday Memo: Double-Check Baseball Sponsors’ In-Game Copy

By Holland Cooke
Consultant

Spots that crow “Baseball is back!” were real welcome in April… and sound real OLD by now.Even if that’s not a copy point, can you freshen the client’s pitch? Simply asking sends-the-message that you’re on-the-ball… and you didn’t wander away once the deal closed.

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And buy ‘em some peanuts and Cracker Jack. Every time we’ve taken advertisers up to the radio booth in a Major League Baseball park, they felt like VIPs. Do selfies with the announce team and that breathtaking view in the background, and they’ll show EVERYONE.

Holland Cooke (HollandCooke.com) is a consultant working at the intersection of broadcasting and the Internet. He is the author of “Close Like Crazy: Local Direct Leads, Pitches & Specs That Earned the Benjamins” and  “The Local Radio Advantage: Your 4-Week Tune-In Tune-Up,” and “Confidential: Negotiation Checklist for Weekend Talk Radio.” Follow HC on Twitter @HollandCooke and connect on LinkedIn

Industry News

Saga Closes on Neuhoff’s Lafayette, Indiana Stations

Saga Communications closes on its purchase of the assets of Neuhoff Communications’ Lafayette, Indiana radio stations sports talk WASK-AM, country WKOA-FM, rock WKHY-FM, classic hits WASK-FM, CHR WXXB-FM, and FM translator W269DJ and associated digital assets. The purchase price was $5.3im million. At the time the deal was announced in February, Saga Communications president and CEO Chris Forgy stated, “We regretted missing the opportunity to acquire these stations a number of years ago when the Neuhoff family acquired them. These stations are a great fit for Saga. We see a lot of opportunity with these stations and this market and are pleased that the family has decided to entrust Saga with continuing these station’s long-standing heritage of serving the Greater Lafayette region. Saga intends to continue building its business in radio by identifying and acquiring middle market stations in dynamic communities.” KALIL & CO., INC was the exclusive broker.

Industry News

Jeff Katz Wrestles with Jordan B. Peterson

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WRVA, Richmond afternoon drive host Jeff Katz (left), who was a psychology major in college, is pictured above with renowned clinical psychologist, author, and media figure Dr. Jordan B. Peterson (right). Katz tells TALKERS, “When the good doctor brought his ‘We Who Wrestle with God’ tour to Virginia’s historic Altria Theater, we met and here we are comparing notes on western culture and Maslow’s Hierarchy of Needs.”

Industry News

Top News/Talk Media Stories Over the Weekend

Former President Donald Trump’s conviction in New York; today’s beginning of Hunter Biden’s felony gun charge trial; the political implications of the Biden Israel-Hamas peace plan; the U.S. migrant crisis; Claudia Sheinbaum is elected president of Mexico; and China lands a lunar probe on the dark side of the moon were some of the most-talked-about stories in news/talk media over the weekend, according to ongoing research from TALKERS.

Industry News

State Associations Lobby for Broadcast VOICES Act

In a letter to congressional leaders, the 50 state broadcasters associations are seeking support for and passage of the Broadcast VOICES Act that would reinstate the tax certificate program at the Federal Communications Commission, encouraging investment in TV and radio broadcast station ownership for women and people of color. They note that from 1978 to 1995, the Minority Tax Certificate program established at the FCC provided a tax incentive to individuals who sold their majority interest in a broadcast station to people of color. They say, “During that time, TV and radio broadcast station ownership by people of color increased by more 550%. Fast forward to 2024, diverse ownership in our industry has drastically changed not due to lack of effort or interest, but due to lack of access to capital. Currently, women make up less than 6% of broadcast TV station owners and people of color make up less than 3%. When it comes to broadcast radio station owners, women make up around 7% of owners and people of color make up less than 3%. Broadcasters provide an invaluable resource to all communities, serving as a local and trusted source for news and information across the country. Our strength is in our ability to cover diverse community experiences and tell stories from an authentic perspective. The tax certificate program will help us build a local media landscape that reflects our communities on the air, both in the control booth and boardroom. Additionally, the Broadcast VOICES Act will help with building a pipeline for a new generation of broadcast station owners that is inclusive of women, people of color and other underrepresented individuals. We therefore urge Congress to act swiftly and pass H.R. 8072 and S. 4158 to make sure that all voices are accurately represented in the broadcasting industry.”

Industry News

Kim Komando Adds Affiliates; Ratings Soar for WLS Fourth Hour

Weststar Multimedia reports that the ratings for Cumulus’ WLS-AM, Chicago “fourth hour” of “Kimim Komando Show” content provided to the station on Friday evenings “is getting great traction with listeners” with the audience nearly doubling (Persons 18+) in the 7:00 pm to 8:00 pm hour from Spring ’23 to Fall ’23. Additionally, Cox Media Group’s WSB-AM/WSBB-FM, Atlanta is adding that hour to its lineup on Saturdays from 5:00 pm to 6:00 pm; Hubbard Broadcasting’s WTOP, Washington is adding the “Digital Life Hack” daily feature; and Red Apple Media’s WABC, New York adds both the “Digital Life Hack” and “Daily Tech Update” features.

Industry Views

Severe Weather is The New Normal

imToday, consultant Holland Cooke writes, “With 850-plus confirmed 2024 tornadoes – just halfway through the season – each night’s network TV newscast can make you “thankful that we don’t live THERE…”  And with more gnarly weather on the way this week across much of the USA, he reckons that, “regardless of your format, your station can be the weather button that listeners will push, and advertisers can sponsor.” And he suggests a tactic proven over 80 years ago. Read it here.

Industry News

9th Music Industry Reunion: “The Best One Yet!”

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The 9th annual Music Industry Reunion held in Los Angeles on May 22 brought together more than 120 of radio and record industry artists, managers, producers, lawyers, legends and pros to the Sagebrush Cantina in Calabasas, California. Former AllAccess publisher Joel Denver called it “The best one yet.” Legendary radio personality, actor and stand-up comedian Frazer Smith hosted the In Memoriam celebration of colleagues Dusty Street, Geno Michellini, and Jim Ladd that ended with a toast to their memory. Event organizers Jon Scott and Kenny Ryback welcomed folks who traveled from as far away as New York and Florida. Guest included: Val Garay, Michael Lloyd, Rick Frio, David Forman, J.B.Brenner, Mike Bone, Diane Bennett, Mike Gormley, David Helfant, Jean Johnson, Toby Mamis, Tommy Nast, Marsha Costa, Roy Trakin, and Steve Resnik.

Industry News

Top News/Talk Media Stories for Week of May 27 – 31

The “hush money” trial of former President Donald Trump and his subsequent conviction was the most-talked-about story in news/talk media this week, landing atop the Talkers TenTM. At #2 this week was the presidential race, followed by the Israel-Hamas war and the humanitarian crisis in Gaza 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. It is published every Friday at Talkers.com. See this week’s complete chart here.

Industry News

Edison: Reaching Potential Voters with Audio Ads

According to data from Edison Research’s ongoing Share of Ear study, reaching potential voters with campaign ads should include spending on audio because “fully 84% of the voting-age public is reached by ad-supported audio daily.” Where to spend depends on which potential voters campaigns are trying toim reach. “Republicans listen to more AM/FM radio than other groups, with an index of 109 (or 9% more listening than average). The ad-supported spoken-word channels on SiriusXM are a particularly efficient place to find Republicans, with an index of 146. Meanwhile, podcasts stand out as the more efficient platform for reaching Democrats, indexing at 121. And what about those elusive Independents, who often tip an election? Both streaming music, and in particular music videos on YouTube, over-deliver for these potential voters, with indexes of 103 and 123 respectively.” Edison adds, “Regardless of the party that buyers are trying to reach with political ads, audio stands out as a superior pathway to reaching voters. Audio provides enormous audiences and often a far less cluttered political environment than other ad channels.”

Industry News

WSB Adds Another Hour to Eric Von Haessler Show

According to a report by Rodney Ho in the Atlanta Journal Constitution, Cox Media Group expanded theim afternoon drive “Von Haessler Doctrine” show hosted by Eric Von Haessler, adding the 3:00 pm hour to the program that now airs live from 3:00 pm to 7:00 pm. Von Haessler made the announcement of the change on the air saying, “It’s a new day. It’s a new age. It’s a new era. Some people tuned in expecting something else. Maybe they’re a little upset. Give us a try. You might like it. It’s going to be this way no matter what.” Read the AJC piece here.

Industry News

iHeartMedia Promotes Two in Cleveland

iHeartMedia Cleveland promotes Cindy Hunter to SVP of sales and Lauren O’Brien to vice president ofim digital. iHeartMedia Cleveland market president Keith Hotchkiss says, “We are delighted to announce the well-deserved promotions of Cindy Hunter and Lauren O’Brien within our sales leadership team. Their exceptional skills, dedication, and vision will undoubtedly propel our market forward and reinforce our commitment to delivering innovative solutions and remarkable experiences for our clients.”

Industry News

WTOP Grabs Six Regional Murrow Awards

Hubbard Broadcasting’s all-news WTOP-FM, Washington has been honored with six Regional Edward R. Murrow Awards from the Radio Television Digital News Association (RTDNA). The WTOP newsroom was recognized as a whole in the Continuing Coverage category for coverage of the Crisis in the Middleim East, the Newscast category for its July 2023 coverage of the Commanders sale and the Overall Excellence category. The WTOP digital team was recognized overall in the Digital category for WTOP.com. Individual awards went to WTOP reporter Matt Kaufax in the Feature Reporting category for his piece on Martin’s Tavern turning 90 and to WTOP associate producer Veronica Canales in the Excellence in Writing Category for her piece on the Dr. Seuss Experience. WTOP director of news and programming Julia Ziegler comments, “Our team’s mission every day is to deliver the latest news to the DC region and help the people who live in our communities. It is a huge honor to be recognized for that work with six regional Murrow awards.” See all of the Regional Murrow Award winners here.

Industry News

KWAM, Memphis Named Legendary Station of the Year

Starnes Media Group LLC’s KWAM-AM, Memphis “The Mighty 990” is being honored by the Tennessee Radio Hall of Fame as the Legendary Radio Station of the Year. As the TRHoF notes, “KWAM is aim commercial radio station in Memphis, Tennessee, featuring a conservative talk radio format. It is the only locally owned news/talk station in the Memphis area. Known as ‘The Mighty 990,’ the station is owned by Todd Starnes via Starnes Media Group, LLC. The station serves the Memphis metropolitan area. KWAM’s studios are located in Memphis, while the transmitter is in Marion, Arkansas. KWAM signed on the air on February 9, 1947.”

Industry News

Beasley’s WBZ-FM and NFL’s Patriots Strike New Deal

The NFL’s New England Patriots and Beasley Media Group’s sports talk WBZ-FM, Boston “98.5 The Sports Hub” announce a multi-year broadcast extension to continue serving as the flagship station for the team, a role its held since its inception in 2009. This deal runs through 2033 and includes game dayim broadcasts starting three hours before each kickoff with “Patriots Preview.” Jim Murray continues as the main pregame host, with Marc Bertrand also hosting some select games. Chris Gasper, Boston Globe columnist and co-host of the popular “Gasper & Murray Show,” returns for his 10th season as the pregame co-host. Station PD Rick Radzik states, “The Patriots have been a cornerstone of our programming since we launched the ‘Sports Hub.’ As the team enters this new era, I’m thrilled that ‘98.5 The Sports Hub’ will be the home of the game broadcasts for the next decade, while also continuing to provide an outlet for Pats fans to talk football year-round.”

Industry News

WCCO, Minneapolis Raises $85k for Blood Cancer Research

 

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Audacy raised $85,000 (and counting!) for NMDP (formerly Be The Match and the National Marrow Donor Program), a global non-profit leader in cell therapy, during News Talk 830 WCCO’s “Cure Blood Cancer Radio Auction.” Pictured above is WCCO talk host Jordana Green (left) meeting her stem cell transplant donor Matt Dubinsky (right) whose donation two years ago has given Green a new lease on life. Dubinsky flew in from Long Island for the event and to meet Green and her family.

Industry News

Mike Church Show to Give Away a New Car

Nationally syndicated talk radio host Mike Church says his program will give away a brand-new 2024im Kia Sportage on July 4, 2024. Church explains, “We want to provide our listeners with a good, old-fashioned, fun on-air radio contest with the kind of grand prize that Makes Radio Contests Great Again. Listeners can compete each day during the contest to win a free sweepstakes ticket, or they can purchase discounted tickets in our Founders Tradin’ Post Store by using a special code that we’ll announce each day.” Church’s program airs live daily from 7:00 am to 10:00 am ET on his CRUSADE Radio Network.

Industry News

Yesterday’s (5/29) Top News/Talk Media Stories

The first day of jury deliberation in former President Donald Trump’s “hush money” trial; the presidential race and RFK Jr’s complaint about debate exclusion; Supreme Court Justice Samuel Alito refuses calls to recuse himself from two January 6-related cases in the wake of his flags controversy; the Israel-Hamas war and the failure of the $320 million pier to deliver aid to Palestinian refugees; the Russia-Ukraine war; and the severe weather that’s affected parts of the southern U.S. were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS.

Industry News

Bill Doyle Exits “New Jersey 101.5”

TALKERS has learned that talk radio host Bill Doyle is no longer co-host of the afternoon drive showim alongside Jeff Deminski on Townsquare Media’s news/talk WKXW-FM, Trenton “New Jersey 101.5.” It’s unclear whether this move was budget related or precipitated by something else, but Doyle’s info has been scrubbed from the “New Jersey 101.5” website and Deminski is listed as solo host in afternoons. Deminski and Doyle had been on-air partners since 1994, serving two stints with NJ101.5 from 1994 – 1999 and from 2011 to the present. TALKERS’ attempts to contact management at the Townsquare Trenton offices were unsuccessful.

Industry News

Williamson Named iHeartMedia Indy Market President

iHeartMedia promotes Leon Williamson to Indianapolis market president. The Indy market includes sports talk WNDE-AM “FOX Sports 1260,” business news WOLT-HD2/W248AW “Business News 97.5,”im plus three music brands. Williamson previously served as SVP of sales for the station group. iHeartMedia area president for St. Louis and Indianapolis John Beck says, “Leon is a solid and very thoughtful leader. In his nearly two years at iHeartMedia Indianapolis, Leon has done a fantastic job building a solid team and fostering a deep connection with the Indy community. We are excited to have him at the helm in Indianapolis, continuing to drive our success and innovation.” Williamson comments, “As the new market president at iHeartMedia Indianapolis, my commitment is to lead with purpose and uplift our community. My mission is to leverage the power of audio to empower voices, inspire change, and build a legacy of unity and progress.”

Industry News

Salem Appoints Kligora West Region Digital Sales Director

Salem Media Group names Christian Kligora West Region digital sales director for its digital marketing firm, Salem Surround. Kligora most recently served with Marketron in an executive leadership positionim driving business development. Salem Surround VP and general manager Jon Latzer comments, “Christian Kligora is a generational find and will help Salem Surround achieve both revenue growth and help with operational efficiencies. We are excited to have him join our expanding team while leading our Western Region to new heights of success.” Kligora states, “I’m excited to join the fantastic team at Salem Media. Joining Salem represents a unique opportunity to contribute to a media landscape that values integrity, innovation, and impact. I am eager to partner with our linear/digital sales teams to explore innovative ways to connect with our audience.”

Industry News

NJ101.5 Town Hall to Address Auto Theft Spike

Tomorrow (5/30), Townsquare Media’s WKXW-FM, Trenton “New Jersey 101.5” will present a town hall titled, “Locked Down: Defending Your Car and Home from Theft.” This comes after the New Jersey Attorney General’s Office reported that more than 16,000 vehicles were stolen in 2023, a 4% increaseim over 2022, and that home break-ins to get key fobs are on the rise. New Jersey 101.5 senior political director Eric Scott says, “These are not teens looking for a joyride. Sophisticated criminal enterprises are behind the majority of car thefts in New Jersey with proceeds being used to fund international crime and terrorism.” The program’s panel will include New Jersey Attorney General Matthew Platkin, Monmouth County Sheriff Shaun Golden, Marlboro Mayor Jonathan Hornik, New Jersey Congressman Josh Gottheimer, and Christine O’Brien, president of the Insurance Council of New Jersey.

Industry News

BFoA Giving Day Set for June 13

The Broadcasters Foundation of America announces its annual Giving Day will take place Thursday, June 13. The campaign’s purpose is to raise money to support the Foundation’s sole mission of providing financial assistance to radio and television professionals who find themselves in acute needim due to critical illness or disaster. The campaign also strives to raise awareness of the Broadcasters Foundation’s charitable purpose to ensure that anyone in radio and television who might qualify for aid can apply. BFoA presiddnt Tim McCarthy says, “One hundred percent of Giving Day donations go directly to grants that help our colleagues, who are struggling with life-altering disease or disaster. Any amount – large or small – helps provide much-needed aid to support our colleagues.” The Broadcasters Foundation has distributed more than $15 million dollars in aid over the past 20 years. Monthly grants support broadcasters on a continual basis while they recover from an illness or accident. Emergency grants provide one-time financial aid following a devastating natural disaster or home emergency. Find out more at www.broadcastersfoundation.org.

Industry News

GBH Names Lothian Editor-in-Chief

Boston public media firm GBH names Dan Lothian to the newly created role of editor in chief, GBHim News and The World. Lothian is currently the executive producer of “The World.” GBH president and CEO Susan Goldberg states, “Dan has impeccable credentials and is respected by colleagues throughout GBH and by journalists across the globe. With his background in both breaking news and longform features, and with deep experience in radio, television, and across digital platforms, he is ideally suited to lead coverage for today’s audiences.” Additionally, Tinku Ray, currently managing editor for “The World,” will be promoted to executive editor of the program.

Industry News

Yesterday’s (5/28) Top News/Talk Media Stories

The Donald Trump “hush money” trial goes to the jury today; the presidential race and the Republicans vying to be Trump’s VP candidate; the U.S. economy; the Israel-Hamas war and Israel’s operations in Rafah; the Justice Samuel Alito upside down flag controversy and their spat with neighbors; the intense storms that swept through the southern U.S.; Harvard University’s new “no positions” policy; and the Russia-Ukraine war were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS.

Industry Views

Pending Business: In Car

By Steve Lapa
Lapcom Communications Corp
President

imWhat happened to us? Unless we move quickly, the radio business stands to lose the final frontier: in-car listening.

The numbers tell a riveting story.

The good news is 92% of Americans listen to the radio every week.

The bad news, according to Edison Research, is only 68% of homes have a radio. All of us who were trained on the 90%-plus penetration of in-home radios are officially out of touch. The in-home radio listening experience is fading fast and there is no trend in sight to reverse it. Smart speakers aside, that bedside clock radio that helped millions wake up every morning is a silent reminder of days past. That 90%-plus penetration number will soon be the domain of Smart TV as 91% of homes have internet. That’s more homes than have radios.

The good news is 73% of drivers listen to the radio in the car.

Nearly three out of every four drivers tune in. The bad news is emerging retail media will soon be the final purchase influencer, online and on location. By 2025 more ad dollars (nearly $47 billion) are projected to be invested in retail media than TV. If you are still pitching, “in-car radio is the last purchase influence before the shopper steps into the store,” you are joining the growing group of outdated radio sellers. Let’s stop the head-in-the-sand approach and review what will have better sales power in the current landscape.

1. In-car listening is typically a shared attention experience. Adjust your commercials to work in the in-car environment. Simplify the messaging, repeat critical sales points, make the call to action easy to understand and implement.

2. Frequency sells. Forever the foundation of solid radio sales, repetition works, and compelling messaging can be commuter friendly.

3. Do your homework. If your community relies on several major industries, learn how the new remote workforce impacts in car listening. Different commute patterns may be in play. Know your marketplace before you suggest a schedule.

4. Seasonal trends. Summer is here. What changes are impacting your market?

Is there a go-to resource for advertiser info on your station website?

Some things will never change:

1. Auto is typically the #1 ad category. One of the best places to start the sales cycle of buying or leasing a new car is in the car of that money draining repair clunker and radio is right there!

2. Three out of four commuters drive alone and when you have someone one-on-one messaging will be heard.

3. In-car radio listening still is and always will be that uniquely personal experience.

Finally, owners and top-level management must learn to help sellers adjust to ever changing world of how to work with radio advertisers to meet the consumer where they are today.

Steve Lapa is the president of Lapcom Communications Corp. based in Palm Beach Gardens, FL. Lapcom is a media sales, marketing, and development consultancy. Contact Steve Lapa via email at: Steve@Lapcomventures.com

Industry News

CRN Digital Announces Satellite Syndication Expansion

CRN Digital Talk Radio announces a new partnership with Salem Radio Network and Westwood One to expand its satellite radio syndication services and distribution. CRN president and CEO Michael Horn states, “The latest branch in the business will allow CRN to provide satellite time to those independentim shows looking for syndication opportunities. With all the changes in our industry it was the natural progression to provide a full range of services to our clients and work with our partner Salem Radio Network. CRN’s new syndication effort will use the Westwood One Wegener system. CRN says this project came to fruition with the help of radio industry affiliate relations pro Jon Patch, who comments, “I’m proud to be working with Mike and the CRN team to offer the newest technology from Westwood One and Wegener. Most radio stations already have this technology in their racks, which brings the most success to our partners.” CRN currently syndicates “The Michael Medved Show,” “The Ron Cey Show,” “The Fred Dryer Show,” “The Conversation,” “Speaking Out America,” “What’s Cookin’ Today,” “What’s Cookin’ on Wine,” “The Lounge,” and more.

Industry News

Urban One Gets Another Delinquency Notice from Nasdaq

Urban One received a second non-compliance notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC on May 23, for not having timely filed its Quarterly Report on Form 10-Q with the Securities and Exchange Commission for the period ended March 31, 2024. Urban One previouslyim received a notice from Nasdaq for not filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, in a timely manner. Urban One has until June 7, 2024, to file or submit a plan to regain compliance. If Nasdaq accepts the compliance plan, Nasdaq may grant the company an extension of up to 180 calendar days from the due date for the initial delinquent filing, or until September 30, 2024, to regain compliance. Urban One states that it is working diligently and expects to file its Delayed Filings on or before June 7, 2024, which would eliminate the need for the company to submit a formal plan to regain compliance.

Industry News

Starnes Delivers Address at NC Republican Convention

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Pictured above is nationally syndicated radio host Todd Starnes delivering the keynote address at the North Carolina Republican Party State Convention Prayer Breakfast on Sunday (5/26) in Greensboro, North Carolina.

Industry News

Top News/Talk Media Stories Over the Weekend

Israel intensifies its attacks on Rafah in its war against Hamas; this week’s resumption of former President Donald Trump’s “hush money” trial; Trump at the Libertarian Party convention and the presidential race; the state of the economy; the Memorial Day holiday; the deadly tornadoes that claimed the lives of at least 22 in the southern U.S.; and basketball Hall of Famer Bill Walton dies at 71 after a battle with cancer were some of the most-talked-about stories in news/talk media over the weekend.

Industry News

FCC to Look at Disclosure of AI in Political Ads

The Federal Communications Commission is announcing a new agency proposal that, if adopted, would look into whether the agency should require disclosure when there is AI-generated content in political ads on radio and TV. If adopted, this proposal aims to increase transparency by: 1) Seeking comment on whether to require an on-air disclosure and written disclosure in broadcasters’ political files when there isim AI-generated content in political ads; 2) Proposing to apply the disclosure rules to both candidate and issue advertisements; 3) Requesting comment on a specific definition of AI-generated content, and 4) Proposing to apply the disclosure requirements to broadcasters and entities that engage in origination programming, including cable operators, satellite TV and radio providers and section 325(c) permittees. Chairwoman Jessica Rosenworcel says, “As imartificial intelligence tools become more accessible, the Commission wants to make sure consumers are fully informed when the technology is used. Today, I’ve shared with my colleagues a proposal that makes clear consumers have a right to know when AI tools are being used in the political ads they see, and I hope they swiftly act on this issue.” However, Republican Commissioner Brendanim Carr opposes the move, saying, “There is no doubt that the increase in AI-generated political content presents complex questions, and there is bipartisan concern about the potential for misuse. But none of this vests the FCC with the authority it claims here. Indeed, the Federal Election Commission is actively considering these types of issues, and legislators in Congress are as well. But Congress has not given the FCC the type of freewheeling authority over these issues that would be necessary to turn this plan into law. And for good reason. The FCC can only muddy the waters.  AI-generated political ads that run on broadcast TV will come with a government-mandated disclaimer but the exact same or similar ad that runs on a streaming service or social media site will not? Consumers don’t think about the content they consume through the lens of regulatory silos. They just view content on screens. Will they conclude that the absence of a government warning on an online ad means that the content must be real? I don’t see how this type of conflicting patchwork could end well. Unlike Congress, the FCC cannot adopt uniform rules.”