Industry News

September 2024 U.S. Podcast Ranker Released from Triton Digital Plus New Political Podcast Data

TritonTriton Digital has just released its U.S. Podcast Ranker for September 2024. The ranker is measured by Triton’s Podcast Metrics measurement service and includes a reporting period of September 2, 2024 – September 29, 2024.

Highlights this month include:

• iHeart Audience Network was the #1 Top Sales Networks Report, SiriusXM Podcast Network came in at #2, followed by NPR at #3.

• Top podcasts based on downloads included “NPR News Now” (NPR) at #1, “Up First” (NPR) at #2, and “Crime Junkie” (audiochuck) climbing to #3.

• Top podcasts for listeners were “NPR News Now” (NPR) at #1, “Crime Junkie” (audiochuck) at #2, and “Up First” (NPR) at #3.

• Top podcast debuts included “NFL Daily with Gregg Rosenthal (iHeart Audience Network), “Where Everybody Knows Your Name with Ted Danson and Woody Harrelson (sometimes)” (SiriusXM Podcast Network), and “All In With Chris Hayes” (NBCUniversal News Group).

Additionally, Triton Digital collaborated with Signal Hill Insights to uncover political podcast downloads and audience trends as the U.S. presidential election approaches:

• Political podcasts have seen a 28% increase in year-over-year downloads with incremental increases over the last six months.

• Twice as many downloads come from Democrat-leaning podcasts as Republican-leaning ones. Although Democrat-leaning podcasts still make up the majority of the political podcast market, they saw their listenership decline from 58% to 56% year-over-year while Republican podcasts rose from 23% to 28% of total political podcast downloads.

• The demographic profile of political podcast listeners reveals an older, highly educated, and affluent audience compared to the U.S. general 18+ population: 59.7% are college graduates, 31.9% report a household income exceeding $100,000, and nearly half (47.2%) are 55 years or older.

• While still affluent and educated compared to the U.S. Population, Republican-leaning podcast listener profiles under-index compared to Democrat and Independent-leaning podcasts on these attributes. Additionally, they boast the highest proportion (89.9%) of White/Caucasian listeners among the three political leanings. Democrat-leaning podcasts have attracted the highest proportion (17.4%) of Black/African American listeners.

• Independent-leaning podcasts claim the highest proportion (16.2%) of Hispanic listeners and are 68.2% college-educated, and 62.4% male.

Please click HERE and for more details.

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TALKERS News Notes

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Yesterday’s (10/16) Top News/Talk Media Stories

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Yesterday’s (10/15) Top News/Talk Media Stories

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Yesterday’s (10/14) Top News/Talk Media Stories

The aftermath of Hurricanes Helene and Milton in Florida were still the most talked-about stories focusing on the negative impact of misinformation about the damage and relief, as well as the attacks on FEMA personnel, followed closely by the presidential race with a spotlight on the intensifying vitriol. The escalation of violence in the Middle East, climate change, the economy, abortion rights, the migrant crisis, the Russia-Ukraine war, Columbus Day, and the MLB playoffs were also among the most-talked-about stories in news/talk media yesterday (10/14), according to ongoing research from TALKERS.

Industry Views

Monday Memo: Q+A SOP

By Holland Cooke
Consultant

im

Industry News Uncategorized

CBS Evening News Gives AM Radio Props for NC Disaster Relief

Industry Views

SABO SEZ: Depend on disaster?

By Walter Sabo
A.K.A. Walter Sterling, Host
Sterling Every Damn Night, WPHT, Philadelphia
Sterling On Sunday, TMN

Walter M. SterlingPaired association learning is the primary strategy our brain uses to remember facts: Oh, What a Feeling, Toyota.  For several years, our business has worked hard to “save” the AM band by demonstrating how useful radio is in times of Emergency: Floods, fires, hurricanes, tornadoes. Think AM and think local disaster!

A listener wants a good show and a pleasant seat. The better the show, the less important the seat – think Eras tour.

In your city, there are ancient movie palaces that were abandoned in the 1960s and brought back to life within the past decade.  Some of those palaces are independent movie theaters, children’s theaters or bookstores. They have been refurbished and repurposed. No one had the heart to tear them down, instead their history inspired fresh thinking and paint.

Many AM stations could become vital. First, fix the seating; fix the signal. Why should Congress bless a permanent place on the dial for AM if a company doesn’t invest in the infrastructure of transmission? While demanding mandatory inclusion of the AM band in cars, the same owners are cutting back on their AM facilities. Here’s a shocker: As late as the 1970s some companies chose to sell off their premium FM signals rather than experiment and fund them. We are talking big companies like Group W and RKO.  Today, many companies are downsizing their AM signals with requests for lower power, simpler directional patterns, and selling of their tower real estate. Yes, Congress, protect our band!

Today, AM processing has advanced to the point where properly installed, an AM signal can sound as good or better than an FM.  Ask Audacy’s Dave Skalish in Philadelphia. First, repair and upgrade the theater. Next, put a great show on the stage. The “savior” of the AM band is superior programming

Of course it can be done, but it can’t be done in pieces. The reason why WABC has grown from the scrap heap of crap from a negligent owner to a top 10 success in the world’s toughest city is by following programming rule number one consistency. John Catsimatidis and GM Chad Lopez deliver consistency: A consistent point of view. Consistent investment in top talent on and off the air. Consistent community visibility. Consistent pride In the product. The owner and management love radio and love the show. The show. Make a great show and they always come.

Consultant Walter Sabo A.K.A. Walter M Sterling has a nightly show “Sterling Every Damn Night” heard on WPHT, Philadelphia 9:00 pm – 12:00 midnight. His syndicated show, “Sterling On Sunday,” from Talk Media Network, airs Sundays 10:00 pm – 1:00 am ET, and is now in its 10th year of success. He can be reached by email at waltermsterling@gmail.com or Sabowalter@gmail.com.

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Yesterday’s (10/10) Top News/Talk Media Stories

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National Association of Broadcasters Names Recipients of 2024 Marconi Awards

The National Association of Broadcasters (NAB) named its winners of the 2024 Marconi Radio Awards during a presentation during its NAB Show at the Javits Center in New York City last evening (10/9).  The winners from talk and spoken word radio include: LEGENDARY RADIO MANAGER OF THE YEAR, Bennett Zier, Audacy;  LARGE MARKET PERSONALITY OF THE YEAR, Dan Mandis, WWTN; Nashville; NEWS/TALK STATION OF THE YEAR, KDKA-AM; Pittsburgh; and SPORTS STATION OF THE YEAR, KKFN; Denver.  For a complete list of the winners, please click here.

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TALKERS News Notes

Newsmax Now on YouTube TV.  Newsmax joins YouTube TV’s pay TV lineup of major cable channels as of noon ET yesterday (10/9).  YouTube TV is the linear pay TV service of the ubiquitous video streamer and one of the fastest-growing virtual cable services in the nation.  Now Newsmax, the 4th highest-rated cable news channel, will be available to subscribers of YouTube TV’s Base Plan.  YouTube TV lists its channels alphabetically, so viewers will find Newsmax under the “N” listings. Subscribers can also personalize their lineup using personal channel preferences. Wednesday’s addition of YouTube TV places Newsmax in nearly 60 million pay TV homes, putting it in the top tier of cable network reach. Newsmax is already carried by all major cable operators, including Directv, Xfinity, Dish, Spectrum, Cox, Optimum and more.

 

Not a Toyota Adam Carolla

Radio’s John Clay Wolfe and Podcaster Adam Carolla Purchase Paul Newman’s 1976 Racing Ferrari.  Former radio and now podcasting icon Adam Carolla and nationally syndicated radio host John Clay Wolfe are both car aficionados and friends.  Adam actually races and owns a collection of Paul Newman’s race cars while John Clay Wolfe is president/founder of “Give Me the VIN,” a $2 billion annual revenue wholesale car company.  Recently they partnered on the purchase of Paul Newman’s 1976 Racing Ferrari, thus completing Adam’s collection.  This is the first car the duo has purchased together. They did a video about it, complete with radio interviews… “Celebrity Car VAULT: Paul Newman’s Ferrari 308.” Check it out here.

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Yesterday’s (10/9) Top News/Talk Media Stories

Industry News

Podtrac Releases September Podcast Ranker

According to data from Podtrac’s ranking of the top U.S. podcasts for September 2024 based on U.S. unique monthly audience, the top three shows remain unchanged from the August ranker: #1 is The New Yorkim Times’ “The Daily,” followed by NPR’s “NPR News Now” at #2 and NPR’s “Up First” at #3. Some moves of note include Dan Bongino’s “The Dan Bongino Show” sliding from #4 to #5, The DailyWire’s “The Ben Shapiro Show” dipping two spots to #11, and Cumulus Podcast Network’s “The Shawn Ryan Show” rising to one spot to #12. See the complete ranker here.

Industry News

BFoA Adjusts Grant Guidelines and Application Process

In the wake of the catastrophic impact of Hurricane Helene and the impending Hurricane Milton, the Broadcasters Foundation of America is taking immediate steps to make sure every broadcaster who qualifies for emergency aid receives it quickly. BFoA president Tim McCarthy states, “We’ve temporarily adjusted ourim already streamlined Emergency Grant Guidelines and Application Process to make it even easier and faster to get funds into the hands of broadcasters hit hardest by these storms. The situation is catastrophic for many of our colleagues and with insufficient or total lack of internet service, an individual or families cannot even submit an application.” Under the adjusted guidelines, broadcasters who have suffered catastrophic loss contact their market or general manager, who then fills out the Hurricanes Helene and Milton Group Submission Form for all of those within their station who are applying. To access the new temporary application form market or general managers may click here. For more information about the Broadcasters Foundation, including how to apply for aid or make a donation, visit www.broadcastersfoundation.org, or contact 212-373-8250 or info@thebfoa.org.

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TALKERS News Notes

FOX Weather Presents Continuing Coverage of Hurricane Milton. FOX Weather, FOX News Media’s free ad-supported streaming television (FAST) weather service, will present continuous coverage of Hurricane Milton including non-stop live programming from this morning through Friday evening. FOX Business Network will also extend its FOX Weather simulcast from 4:00 am to 6:00 am ET on Thursday morning. FOX News Audio is offering FOX Weather simulcast to affiliates in Florida as well.

Salem’s LifeAudio Announces Partnership with “Jesus Calling.” Salem Media Group, Inc. announced today that LifeAudio, a leading Christian podcast network of Salem Media Group, is thrilled to announce its newest partnership with “Jesus Calling.” The “Jesus Calling” podcast brings heartfelt encouragement and spiritual wisdom to listeners, offering a daily message that brings hope and strengthens faith. Known for its popular devotional series, the podcast will now provide a new platform for its audience to engage with meaningful, faith-driven content through LifeAudio’s expansive reach.

MPR Welcomes New Member to Board of Trustees. The board of trustees of Minnesota Public Radio welcomes Dr. Marc Gorelick as its newest member. Gorelick is president and chief executive officer of Children’s Minnesota, the state’s only health care system dedicated exclusively to children, from before birth through young adulthood. He previously served as executive vice president and COO of Children’s Hospital of Wisconsin in Milwaukee and practiced academic pediatric emergency medicine for 25 years in Philadelphia, Wilmington, Del., and Milwaukee. His education includes a bachelor’s from Princeton University, an M.D. from Duke University, and a master’s from the University of Pennsylvania School of Medicine.

Industry News

Yesterday’s (10/8) Top News/Talk Media Stories

The aftermath of Hurricane Helene and today’s expected landfall of Hurricane Milton in Florida were the most talked-about stories, followed closely by the presidential race, Bob Woodward’s report of Donald Trump’s close relationship with Vladimir Putin, and the escalation of violence in the Middle East.  Climate change, the economy, abortion rights, the migrant crisis, the Russia-Ukraine war, and the MLB playoffs were also among the most-talked-about stories in news/talk media yesterday (10/8), according to ongoing research from TALKERS.

Industry News

Yesterday’s (10/7) Top News/Talk Media Stories

The aftermath of Hurricane Helene and anticipation of Hurricane Milton were the most talked-about stories, followed closely by the presidential race and the escalation of violence in the Middle East.  Climate change, the economy, abortion rights, the migrant crisis, the Russia-Ukraine war, and the MLB playoffs were also among the most-talked-about stories in news/talk media yesterday (10/7), according to ongoing research from TALKERS.

Industry Views

Monday Memo: Selling Convenience

By Holland Cooke
Consultant

im

Industry News

TALKERS News Notes

Broadcasters Foundation Asks Broadcasters in Affected Areas to Spread the Word To Colleagues That Help Is Available for Those in Greatest Need.  The Broadcasters Foundation of America is delivering emergency financial assistance to qualifying colleagues in the radio and TV industry who have been personally hit hard by Hurricane Helene. The Foundation’s Emergency Grant Program is set up with a streamlined vetting process that enables the charity to get emergency funds to those in desperate need quickly. “Broken pipes, power outages, displacement, and more have brought devastation to many of our colleagues,” noted Tim McCarthy, president of the BFoA.  “We’ve already approved over half a dozen requests and that’s just the beginning. Based on the number of requests from previous disasters, we know that figure will grow significantly as those impacted by the storm assess their damage and determine the costs. “We’ve also reached out to groups and state associations in the areas impacted by Hurricane Helene and asked them to inform their employees and members that we are here to provide aid to those who need it most,” McCarthy added. “Our colleagues cannot be left alone to struggle.”  Individuals in radio and television may apply for emergency aid to see if they qualify by clicking here. For more information about the Broadcasters Foundation, including how to apply for aid or make a donation, visit www.broadcastersfoundation.org, or contact 212-373-8250 or info@thebfoa.org.

 

Lifestyle Show with Frankie Boyer Debuts on WGCH Radio, Greewich, CT.   Veteran award-winning radio talk show host for 24+ years, Frankie Boyer has announced the addition of her new broadcast, “The Frankie Boyer Lifestyle Show,” which airs on WGCH, News Talk AM 1490, Greenwich, CT. Frankie Boyer The one-hour show is live weekdays from 6:00 -7:00 pm. WGCH covers Fairfield County, CT as well as neighboring Westchester County, NY. The station serves the community with extensive local news, sports and talk programming. Boyer tells TALKERS, “My show will be fast paced, very informative, full of joy and very uplifting, for my listeners.”  Boyer hosts two other syndicated shows – “Cannabis Talk A-Z” and “Frankie Boyer Radio.”  For more information contact 508-878-1782 or frankieboyer@aol.com

 

PodcastOne Appoints Jim Lally Head of Business Development.  PodcastOne announced today that Jim Lally has joined the company as its head of business development. Jim LallyHe will report directly to PodcastOne’s president Kit Gray and will leverage his industry expertise to expand internal sales and publishing synergies, increase talent revenues and the company’s prominence with both media buyers and content creators. Lally, an industry veteran, joins from Libsyn Ads, where he served as director of brand partnerships.

Industry News

SalemNOW Releases New David Bossie Film

Salem Media Group’s conservative and Christian streaming service SalemNOW releases the new film from Citizens United president David Bossie titled, Trump’s Rescue Mission: Saving America. Bossie says,im “Citizens United is thrilled to join with SalemNOW, America’s leading online destination for conservative documentaries, in presenting our newest feature – Trump’s Rescue Mission: Saving America.” SalemNOW general manager Robert Ellis adds, “It’s a privilege for SalemNOW to offer another incredible and important film from David Bossie and his team at Citizens United.”

Industry News

Presidential Race and VP Debate Top News/Talk Media Story for Week of September 30 – October 4

The presidential race and VP debate combined as the most-talked-about story in news/talk media this week and takes the top spot on the Talkers Ten. At #2 this week was the escalation of violence in the Middle East, followed by the economy, inflation, and the stock market at #3. The Talkers Ten 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.

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Rob Finnerty to Lead Newsmax’s Prime Time Lineup

Newsmax names veteran news anchor and broadcaster Rob Finnerty host of “Finnerty,” leading the cableim news network’s primetime lineup at 8:00 pm ET, debuting on October 8. For the past four years, Finnerty has been co-host of Newsmax’s “Wake-Up America” morning program with Sharla McBride. Newsmax CEO Chris Ruddy says, “Rob has demonstrated success in our morning show and connects with our audience in a powerful way, and we believe he will continue that success in primetime.” Finnerty comments, “For far too long cable news has been a monolith – with very few options available to the American people, but Newsmax is proof that the model is changing, and I feel incredibly honored to be a part of that change. Ever since I got here, Newsmax has kept growing and growing, which is amazing for this industry. This is the opportunity of a lifetime, and I am so grateful to Newsmax and its team led by CEO Chris Ruddy.” Pictured here is Rob Finnerty as a special guest speaker at TALKERS 2024. 

Industry News

Beasley Announces Regional Sales Management Promotions

Beasley Media Group announces promotions in the Florida market. April Brinks-Bailey, currently the national sales manager for Tampa, Fort Myers and Augusta, is now also director of agency sales for Tampaim and Fort Myers. Stacie Waldrop, who has been serving as the digital sales manager for Beasley’s Tampa-based radio cluster, is promoted to RVP of digital sales in which she’ll oversee digital sales for the Fort Myers market in addition to Tampa. And Randy Cable, formerly the director of sales for Beasley’s Fort Myers radio cluster, is promoted to regional director of sales in which he’ll oversee all sales operations for both the Tampa and Fort Myers markets. Beasley regional VP Ron deCastro says, “I am excited to announce these well-deserved promotions. Randy, April, and Stacie each bring unique skill sets that will greatly enhance our ability to serve the needs of advertisers and listeners in both markets.”

Industry News

FOX Sports Radio Extends “Two Pros and a Cup of Joe”

FOX Sports Radio announces the renewal of a long-term agreement with “Two Pros and a Cup of Joe,”im featuring Brady Quinn, LaVar Arrington and Jonas Knox. The program will continue to air in the network’s 6:00 am to 9:00 am ET weekday timeslot on 380 stations nationwide. FSR and iHeartMedia executive Don Martin and Scott Shapiro say in a statement, “We’re so proud of what this trio has built with ‘Two Pros and a Cup of Joe.’  The unique combination of these dynamic personalities has created one of the most fun and entertaining sports morning shows, and we continue to hear excellent feedback from advertisers, affiliates and listeners alike. They are the perfect kickoff to our weekday lineup, and we look forward to extending our relationship for years to come.”

Industry News

BFoA Brings Media Mixer to Los Angeles

The Broadcasters Foundation of America is presenting the next in its series of Media Mixers to Los Angeles on October 23. The charitable organization says this comes after successful events in New York and Los Angeles. It will be held at the Universal Studios Hollywood Lot from 6:00 pm to 8:00 pm with co-hostsim Colleen Williams, news anchor at KNBC, Los Angeles and KBIG, Los Angeles morning personality Valentine. BFoA says the purpose of the Media Mixers is to celebrate the camaraderie and connection within the broadcast community, to mix and mingle with peers, on-air talent, and industry executives, and to increase awareness of the Broadcasters Foundation charitable mission to junior-level broadcast professionals. BFoA president Tim McCarthy says, “I’m very excited about our first west coast Media Mixer. We’ve had remarkable success in New York and Chicago, bringing awareness of the mission of the Foundation to a new generation of broadcasters. The young professionals who attend get a great deal of value out of it. We look forward to expanding our reach on the west coast.”

Industry News

TALKERS News Notes

Cumulus Media Announces Two New Podcasts from the Rich Eisen Podcast Network. Actor O’Sheaim Jackson, Jr. is hosting the new weekly podcast “No-Contest Wrestling” with co-host TJ Jefferson the show combines Jackson’s and Jefferson’s unique takes on sports entertainment by interviewing the biggest stars, going behind the scenes with untold stories from the world of wrestling. The second show is “The Jim Jackson Show,” hosted by two-time All-American and 14-year NBA veteran Jim Jackson. In this show, Jackson covers basketball from the college game to the highest levels of the NBA. Eisen says, “I’ve been in a constant search for new, fresh, thought-provoking, and entertaining voices to add to our growing podcast business, and I’m thrilled to add both O’Shea Jackson, Jr. and Jim Jackson to the roster.”

VSiN Partners with Interstate 15 Agency. VSiN, The Sports Betting Network, announces a strategic partnership with sports and entertainment marketing agency Interstate 15. Following the network being acquired in 2021, VSiN was bought back by Musburger Media and says it is now “poised to further enhance its brand and broaden its reach.” VSiN president and chief business officer Brian Musburger says, “We’re excited to leverage this partnership to enhance VSiN’s brand and further accelerate our growth. With Jason Gastwirth’s vast understanding of entertainment strategy and his relationships in Las Vegas, Jamie Fritz’s connections to sports legends and Greg Cannon’s track record creating, launching and building brands, Interstate 15’s proven expertise will help VSiN tap into the cache and star power that make Las Vegas the entertainment capital of the world.”

WGRT, Port Huron, Michigan Signs with Virtual News Center. Port Huron Family Radio, Inc. station will use daily newscasts anchored by JP bZett. Station GM Marty Dorn says, “We are thrilled to partner with Virtual News Center to bring timely and reliable news updates to our radio station listeners.”

Industry News

Yesterday’s (10/2) Top News/Talk Media Stories

The unsealing of evidence against Donald Trump in the January 6 case was the most-talked-about story, followed closely by the aftermath of the vice-presidential debate, escalation of violence in the Israel-Hezbollah conflict and the danger of it leading to World War III.  The presidential race, various polls, political dirt, the Russia-Ukraine war; the economy; the migrant crisis, and the aftermath of Hurricane Helene were also among the most-talked-about stories in news/talk media yesterday (10/2), according to ongoing research from TALKERS.

Industry Views

SABO SEZ: Smart Quotes

By Walter Sabo
A.K.A. Walter Sterling, Host
Sterling Every Damn Night, WPHT, Philadelphia
Sterling On Sunday, TMN

Walter M. SterlingLike you, my guideposts come from innovators, leaders in our business. These are the words I “work” by every day that have led to consultant and host success.

“We will just have to improve security of the building. Next time you are going to stir people up, let me know so I can tell the sales department to raise the rates.” –  Bob McAllan CEO Press Broadcasting, original owners of New Jersey 101.5.

It’s a simple business, people make it hard. In any situation there are three options: Yes, No, Do Nothing. Do nothing is usually the best option.”  – Edward F McLaughlin president ABC Radio Networks, founder of Rush Limbaugh syndication.

“Local news is the most important thing a radio station does. It must be accurate, and it is our business.” – Nick Dirienzo,  New Jersey Radio Hall of Fame inductee; owner WCRV Radio, Washington Borough, NJ.

When asked why he never discusses current events on his # 1 nightly WOR show, Jean Shepherd said, “Because that’s too easy.”

While others found trouble with every single new idea, Al Brady Law, program director always said, “It just might work.”

“There is no reason a station can’t own the ‘news’ image and the ‘cool music’ image.” – George Gilbert, PD WARM, Scranton – who pulled that off.

Being offered a significant marketing budget, Donnie Simpson PD of WKYS, Washington replied, “No thank you… if we put out one wrong image or message, we could ruin our relationship with the listener”  Mr. Simpson earned # 1 in DC with an Arbitron 10.0 share.

About Spotify and Pandora: “There has always been a box of records next to the radio.” – Bob Pittman, CEO, iHeartMedia.

“If they’re not fearless and having fun, they are useless.” On high powered, talented DJs. – Ruth Meyer, Radio Hall of Fame inductee and PD of New York’s top 40 WMCA, WNEW, and WHN.

“For WABC, as a top 40, 7:00 pm to midnight was their morning drive.” – Steve Goldstein, CEO Amplifi Media.

“Imagine if TV started on a cable distribution system. Then one day, it became possible to distribute without wires… over the air! That would have been considered a spectacular advancement!” – Michael Harrison who gives us daily permission to think different!

“No, please we don’t need to hear that story. We hear your show all day in the house. Save it for your show.” – Any one of the four women who have to live with me.

Your turn.

Consultant Walter Sabo A.K.A. Walter M Sterling has a nightly show “Sterling Every Damn Night” heard on WPHT, Philadelphia 9:00 pm – 12:00 midnight. His syndicated show, “Sterling On Sunday,” from Talk Media Network, airs Sundays 10:00 pm – 1:00 am ET, and is now in its 10th year of success. He can be reached by email at waltermsterling@gmail.com or Sabowalter@gmail.com.

Industry News

TALKERS News Notes

U.K.-Based Podcast Radio Now On KAUS-AM, Austin, MN.   Podcast Radio continues its U.S. expansion, having just launched on Alpha Media’s KAUS-AM in Austin, MN. Podcast RadioFocusing on being a trusted guide to podcast discovery, Podcast Radio features a diverse lineup of curated podcasts across various genres, with presenters, giving listeners in Minnesota an expanded radio experience. The station was the first Podcast Radio affiliate to feature dedicated genre hours, including business, true crime, comedy, and musical conversation. According to sources at Podcast Radio, “This genre-based scheduling allows listeners to enjoy expertly curated content that aligns with their interests, delivered through our innovative platform and partnership with Local Radio Network (LRN).” Gerard Edwards, CEO of Podcast Radio, tells TALKERS, “We are excited to have Podcast Radio on in Minnesota. Our genre-based scheduling allows us to offer something for every listener, while using the trusted radio format to connect audiences with the world of podcasts. Alpha Media has been an incredible partner, and we look forward to expanding our presence.”  Podcast Radio Minnesota joins Podcast Radio Missouri, broadcasting in dayparts on KREI-AM (Farmington), KWIX AM/FM (Moberly) and KJFF (Festus). Podcast Radio also has four 24/7 stations with Beasley Media Group in Detroit, the Carolinas, Tampa Bay and Southwest Florida. For more information on how to bring Podcast Radio to your station, contact Gerard Edwards — gerard@podcastradionetwork.com — or send general questions to info@podcastradionetwork.com.

USRN and Key Networks Announce Joint Sales Venture: Key United.  United Stations Radio Networks (USRN) and Key Networks, two players in national radio network sales and syndication, have announced the unification of their sales forces into a joint venture called Key United. According to company sources, this strategic partnership unites the strengths of both companies, creating an enhanced sales organization with expanded reach and capabilities for the advertising market.  Both Key Networks and United Stations will continue to produce, market. and distribute audio programming independently to the radio and affiliate markets. Dennis Green and Stefan Jones will continue to oversee Key and USRN production affiliations and operations. The new, combined sales force will be led by COO of Gemini XIII, Charles Steinhauer and Key Networks’ president of sales, Ron Russo.

Woodward Purchases Seven Radio Stations in Springfield and Bloomington, Illinois from Neuhoff.  Woodward Communications Inc. (WCI) has officially acquired seven radio station brands from Neuhoff Media in Springfield and Bloomington, Illinois. The sale was completed yesterday (10/1). According to sources at Woodward, the acquired brands align with WCI’s focus on local community media properties in certain market sizes that serve niche and lifestyle audiences. They expand WCI’s footprint in Illinois and bring experienced teams and talent to the employee-owned company. In addition to a variety of music formats, the acquired outlets include Sports Radio 92.3 FM and 1450 AM, Springfield and Channel 1450, a digital platform in Springfield covering high school sports.

Industry News

Yesterday’s (10/1) Top News/Talk Media Stories

Industry News

Industry Speculation About Soros’ Plans for Audacy News and Talk Outlets Intensifies

AudacyAudacy, Inc. announced yesterday (9/30) that it has successfully completed its financial restructuring, implementing a fully consensual, deleveraging transaction that equitized approximately $1.6 billion of funded debt, a reduction of 80% from approximately $1.9 billion to $350 million. Sources at the radio giant – owner of more than 220 local stations including major all-news, news/talk, and sports talk outlets – say the company emerges as a “healthy, scaled, multi-platform leader in the dynamic audio sector, with total net leverage of approximately 2.7x, differentiated by its #1 position in exclusive, premium audio content.”  imAudacy will continue to be led by David J. Field, its current president and CEO, and its existing management team. Field will also serve on the company’s new board of directors.  Field states, “We are pleased to have successfully achieved all of our restructuring goals, emerging with an outstanding balance sheet, delivering industry-leading growth, serving our listeners and advertisers with excellence and honoring our commitments to employees and partners,” adding, “Today, Audacy embarks on our next chapter, capitalizing on our position as a scaled, multi-platform audio leader, differentiated by our exclusive, premium audio content, including our unrivaled leadership in sports audio, powered by our industry-leading financial strength and focused on accelerating our innovation and digital transformation. We are maximizing a broad set of opportunities to further accelerate our growth for the benefit of Audacy and all its stakeholders.” In conjunction with the completion of its restructuring, Audacy is expected to become a private company. Audacy’s restructuring comes after the FCC’s commissioners gave a thumbs up on the assignment of licenses held by the radio giant to a new, post-bankruptcy version of the company on September 18, allowing the radio giant to bypass the commission’s review, at least temporarily.  According to reliable reports, the Soros Fund Management, led by billionaire investor and powerful supporter of liberal causes, George Soros, acquired over $400 million of the radio company’s debt, making it the largest contributor among a group of lenders looking to exchange loans for stock.  Concern grows in the radio industry and related political circles, including some Members of Congress, that the influence of Soros’ political leanings might be felt in the programming of Audacy’s all news stations and predominantly conservative news/talk outlets.

 

Industry News

TALKERS News Notes