Industry News

Round Two of October PPMs Released

imThe second of four rounds of ratings data from Nielsen Audio’s October PPM survey has been released for 12 markets including Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis. The survey period was September 14 through October 11. Today, TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In Washington, Cumulus Media’s news/talk WMAL-FM rises one-tenth to finish with a 4.0 share (weekly, 6+ AQH share) and remains ranked #7, while Hubbard Broadcasting’s all-news WTOP dropped six-tenths to an 8.1 share and stays locked in the #2 rank. In Detroit, Audacy’s all-news WWJ adds six-tenths for a 4.6 share finish and rises to the #9 rank, while Cumulus Media’s news/talk WJR rises half a share for a 2.3 share that lifts it to the #16 rank. See Mike Kinosian’s complete Ratings Takeaways from this group of markets here. Note that missing data from yesterday’s first round of markets for the San Jose and Middlesex-Somerset-Union markets has been published and is included in yesterday’s Takeaways.

Industry News

WABC, New York Presents Cuomo-Scaramucci Debate

im

Red Apple Media’s news/talk 77WABC in New York pre-empted regular programming today to present an exclusive, two-hour, no-holds-barred discussion between former New York Governor Andrew Cuomo and former White House Communications Director and financier Anthony Scaramucci. The debate touched on the issues including, crime, Israel, migrants, guns and assault weapons, abortion, taxes and SALT, bail reform, LGBTQ+ rights, COVID and possible future pandemics, and the impact of both Republican and Democratic extremists on mainstream America. Scaramucci pointed to the current lack of trust the public has for government as the biggest obstacle standing in the way of unity and progress. Cuomo urged the audience to listen, learn, and understand the other side.

Industry News

Yesterday’s (10/31) Top News/Talk Media Stories

The ongoing Israel-Hamas war, international pleas for humanitarian pause in Gaza attacks and the increasing incidents of anti-Semitism globally; the controversy over Senator Josh Hawley’s Ending Corporate Influence on Elections Act; former President Donald Trump’s legal battles; the 2024 presidential race; the aftermath of the Maine mass shooting and the other shootings that occurred over the weekend; and the trial of FTX chief Sam Bankman-Fried were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Ratings Takeaways

October 2023 PPM Ratings – Part Two

imOctober 2023 PPM Data – Information for the October 2023 ratings period (September 14 – October 11) has been released for: Washington, DC, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis.

The only requirement for a spoken-word station to be included below is that they be a Nielsen Audio subscriber – there are no share or rank thresholds.

NFL; NBA; and NHL team names of corresponding spoken-word flagship(s) are bolded.

DNA – DNA = Did Not Appear – Does Not Appear

Comparisons are September 2023 – October 2023 (6+).

 

WASHINGTON, DC

News/Talk

WMAL 3.9 – 4.0, #7 – #7

WFED DNA – DNA, DNA – DNA (Capitals)

News

WTOP & WTLP 8.7 – 8.1, tenth straight month at #2

WDCH .6 – .7, #23 – #22

WDCH Stream DNA – DNA, DNA – DNA

Sports Talk

WJFK-FM 2.6 – 2.8, #12 – #14 (Capitals)

WJFK-FM Stream 1.1 – .9, #21 – #21 (Capitals)

WTEM .2 – .3, #27 – #25 (Wizards)

WTEM Stream .2 – .2, #27 – #29 (Wizards)

WSBN .1 – DNA, #29 – DNA

Public Radio News/Talk

WAMU 12.0 – 11.9, 23rd month in succession at #1

Note: The flagship of the Commanders is classic rock WBIG. 

BOSTON

News/Talk

WRKO 2.8 – 2.3, #15 – #16

WXKS-AM .6 – .8, #23 – #23

News

News – Talk WBZ-AM 3.8 – 4.5, #10 – #8

Sports Talk

WBZ-FM 7.8 – 10.9, back-to-back months at #1 (New England Patriots, Celtics, Bruins)

WEEI-FM 4.2 – 3.8, #9 – #10

WEEI-AM DNA – DNA, DNA – DNA

Public Radio News/Talk

WBUR 5.4 – 5.4, #3 – #3

WGBH 3.6 – 3.8, #11 – #10

Note: Sports talk WBZ-FM’s +3.1 (7.8 – 10.9) is the largest September 2023 – October 2023 increase (6+) by any station in all 24 PPM-markets analyzed thus far.

MIAMI

News/Talk

WIOD 1.7 – 2.0, #21 – #21

News

None

Sports Talk

WQAM 1.4 – 2.3, #24 – #19 (Heat, Florida Panthers)

WINZ .3 – .5, #32 – #29 (Dolphins)

WMEN .1 – .2, #36 – #35

WSFS-HD2 .1 – DNA, #36 – DNA

WQAM Stream DNA – DNA, DNA – DNA (Heat, Florida Panthers)

WAXY DNA – DNA, DNA – DNA

Public Radio News/Talk

WLRN 3.8 – 3.9, #8 – #5    

Note: Sports talk WQAM’s +.9 (1.4 – 2.3) represents Miami’s largest September 2023 – October 2023 increase (6+).

SEATTLE

News/Talk

KIRO-FM 4.7 – 4.2, #6 – #8 (Seahawks)

KVI 1.7 – 1.8, #22 – #22

KTTH 1.4 – 1.5, #23 – #23

KPTR .1 – .1, #32 – #32

News

KNWN-AM & KNWN-FM 2.2 – 2.2, #20 – #20

KHHO .1 – DNA, #32 – DNA

Sports Talk

KIRO-AM 6.0 – 4.3, #3 – #6 (Seahawks)

KJR-FM 2.3 – 3.0, #18 – #14 (Kraken)

KJR-AM .3 – .4, #27 – #26

Public Radio News/Talk

KUOW 5.9 – 7.6, #4 – #1

KSWS .1 – DNA, #32 – DNA

Note: Public radio news/talk KUOW’s +1.7 (5.9 – 7.6) represents Seattle’s largest September 2023 – October 2023 increase (6+); conversely, sports talk KIRO-AM’s -1.7 (6.0 – 4.3) represents the market’s largest September 2023 – October 2023 decrease. 

DETROIT

News/Talk

WJR 1.8 – 2.3, #17 – #16

WFDF .1 – .4, #26 – #24

WJR Stream .1 – .1, #26 – #28

News

WWJ 4.0 – 4.6, #11 – #9 (Pistons)

WWJ Stream .2 – .7, #24 – #22 (Pistons)

WDFN .1 – .1, #26 – #28

Sports Talk

WXYT-FM 8.6 – 10.1, #1 #1 (Lions, Pistons, Red Wings)

WXYT-FM Stream 2.0 – 2.4, #16 – #14 (Lions, Pistons, Red Wings)

WXYT-AM .3 – .2, #23 – #25

WXYT-AM Stream .1 – DNA, #26 – DNA

Public Radio News/Talk

WUOM 1.8 – 1.5, #17 – #20

WDET 1.1 – 1.2, #20 – #21

PHOENIX 

News/Talk

KFYI 4.1 – 4.0, #5 – #7

KTAR-FM 2.9 – 2.4, #15 – #16 (Arizona Cardinals, Suns)

News

None

Sports Talk

KMVP-FM 1.9 – 2.7, #22 – #14 (Suns, Arizona Coyotes)

KTAR-AM .2 – .2, #32 – #31 (Arizona Cardinals, Suns, Arizona Coyotes)

KDUS .1 – .1, #34 – #33

KGME .1 – .1, #34 – #33

KTAR-FM HD2 DNA – .1, DNA – 33

KTAR-AM Stream DNA – DNA, DNA – DNA (Arizona Cardinals, Suns, Arizona Coyotes)

Public Radio News/Talk

KJZZ 3.9 – 3.7, #6 – #9

MINNEAPOLIS

News/Talk

WCCO 3.3 – 4.6, #12 – #10 (Minnesota Timberwolves)

KTMY 2.3 – 2.4, #16 – #16

KTLK-AM 1.4 – 1.8, #19 – #18

WCCO Stream .3 – .6, #26 – #24 (Minnesota Timberwolves)

News

KQQL-HD2 .1 – .1, #30 – #32

Sports Talk

KFXN 6.8 – 7.8, #4 – #2 (Minnesota Vikings, Minnesota Wild)

KQQL-HD3 .1 – .2, #30 – #28

KSTP-AM .1 – .2, #30 – #28

Public Radio News/Talk

KNOW 6.2 – 6.0, #5 – #5

KNOW Stream .8 – .7, #23 – #23

Note: News/Talk WCCO’s +1.3 (3.3 – 4.6) represents Minneapolis’ largest September 2023 – October 2023 increase(6+).

SAN DIEGO

News/Talk

KOGO 4.7 – 5.4, #5 – #5

KLSD .3 – .3, #26 – #26

News

None

Sports Talk

KWFN 4.7 – 4.2, #5 – #6

KGB-AM .7 – 1.2, #23 – #20

KWFN Stream DNA – DNA, DNA – DNA

Public Radio News/Talk

KPBS 6.2 – 6.3, #3 – #3

TAMPA

News/Talk

WHPT 5.3 – 4.7, #5 – #6 (Lightning)

WFLA 4.0 – 4.6, #11 – #8

News

None

Sports Talk

WDAE 2.0 – 2.4, #19 – #16

Public Radio News/Talk

WUSF 2.3 – 1.6, #17 – #20

WUSF Stream .5 – .5, #25 – #25

Notes: Public Radio News Talk WUSF’s –.7 (2.3 – 1.6) represents a four-way tie for Tampa’s largest September 2023 – October 2023 decrease (6+); rock WXTB is the flagship of the Buccaneers.

DENVER 

News/Talk

KOA 3.7 – 4.5, #13 – #6 (Broncos)

KDFD 1.7 – 2.1, #19 – #19

KHOW 1.5 – 1.8, #21 – #21

News

None

Sports Talk

KKFN 4.6 – 4.5, #7 – #6

KKSE-FM 1.4 – 2.0, #23 – #20 (Nuggets, Colorado Avalanche)

KEPN DNA – .1, DNA – #36

Public Radio News/Talk

KCFR 4.2 – 3.9, #9 – #13

KUNC .5 – .8, #31 – #27

Note: News/Talk KOA’s +.8 (3.7 – 4.5) represents Denver’s largest September 2023 – October 2023 increase (6+).

BALTIMORE

News/Talk

WBAL 4.1 – 4.8, #8 – #8 (Ravens)

WCBM 1.8 – 1.7, #18 – #17

News

WTOP & WTLP  1.0 – 1.1,  #20 – #18

WDCH  .8 – .8,  #21 – #20

WQLL DNA – DNA, DNA – DNA

Sports Talk

WJZ-FM 4.0 – 5.1, #9 – #7

WJZ-AM DNA – DNA, DNA – DNA

Public Radio News/Talk

WYPR 4.5 – 4.0, #7 – #10

WYPR HD2 Stream .2 – DNA, #26 – DNA

ST. LOUIS

News/Talk

KMOX 5.8 – 5.0, #8 – #9

KFTK 1.9 – 1.8, #16 – #16

KTLK-FM 1.0 – .9, #19 – #20

KMOX Stream .5 – .4, #22 – #23

KFTK Stream .5 – .2, #22 – #27

News

KATZ-FM HD2 .4 – .3, #24 – #24

Sports Talk

WXOS 2.3 – 3.2, #15 – #14 (Blues)

Public Radio News/Talk

KWMU 3.5 – 4.0, #13 – #11

Note: Sports talk WXOS’ +.9 (2.3 – 3.2) represents St. Louis’ largest September 2023 – October 2023 increase (6+).

Up next: October 2023 overviews for Portland; Charlotte; San Antonio; Sacramento; Pittsburgh; Salt Lake City; Las Vegas; Orlando; Cincinnati; Cleveland; Kansas City; and Columbus.

 Mike.Kinosian@gmail.com

Industry News

Audacy Common Stock to Delist from NYSE

Audacy’s appeal of the New York Stock Exchange’s move to delist its Class A Common Stock was not successful. The NYSE goes ahead with its delisting procedure that will become effective on or around November 10. Audacy’s Common Stock will continue to trade over the counter under the symbolim “AUDA.” Audacy says, “The NYSE’s determination has no impact on Audacy’s business strategy or operations. Audacy continues to focus on growing and enhancing its capabilities as a leading, multi-platform audio content and entertainment company, and continues to engage in discussions with its lenders to deleverage its balance sheet and improve its capital structure to position Audacy for long-term growth.”

Industry News

Round One of October 2023 PPMs Released

imThe first of four rounds of ratings information from Nielsen Audio’s October 2023 PPM survey has been released for 12 markets including: New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island), and Riverside-San Bernardino-Ontario. The October 2023 survey covers the period of September 14 – October 11. Today, TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In New York, Red Apple Media Group’s news/talk WABC sheds three-tenths for a 3.1 share (weekly, 6+ AHQ share) finish and remains ranked #11, while iHeartMedia’s news/talk WOR is steady with a 1.2 share good for the #23 rank. In Los Angeles, iHeartMedia’s news/talk KFI slips three-tenths to a 4.5 share and the #5 rank, while Audacy’s crosstown all-news KNX-FM falls four-tenths to a 3.3 share good for the #10 rank. In Chicago, Audacy all-news WBBM-AM/WCFS-FM climbs seven-tenths to a 5.6 share but remains ranked #3, while Nexstar Media’s news/talk WGN inches up two-tenths to a 3.6 share and steady at the #8 rank, and Cumulus Media’s news/talk WLS-AM ticks up one-tenth to a 1.5 share but drops back to the #25 rank. It should be noted that, for reasons unexplained, there is no October data for the San Jose and Middlesex-Somerset-Union markets. There is also a noteworthy reduction in data in the Nassau-Suffolk and Riverside markets. See Mike Kinosian’s complete Ratings Takeaways from this group of markets here.

Industry News

WWO: Brand Advertisers Now Tops in Podcasting Ad Spend

According to this week’s Cumulus Media | Westwood One Audio Active Group blog post, when it comes to podcast revenue, brand spending now represents 61% of ad dollars, surpassing direct response (39%). This data comes from the Interactive Advertising Bureau’s eighth annual podcast revenue report. The blog post notes, “Podcast advertising revenue was born thanks to direct responseim advertising. In 2016 and 2017, direct response represented the vast majority of podcast advertising. From 2018 to 2021, the proportion of podcast ad spend was equally split between brand and direct response.” The post says there are four major implications of the shift to podcast brand advertising: 1) Targeting will become much broader: Wide campaign reach will become the priority with a goal of “being known before you’re needed”; 2) Creative will shift to become more entertaining and emotion based: The objective will be to stir passions and create positive feelings and associations with ads that people find interesting and enjoyable; 3) Brand safety and suitability measurement will become more crucial: Firms like Barometer will become powerful resources to help marketers find the right context for their campaigns with nuanced data; and 4) Measurement will focus on how well campaigns build memories to ensure brands are “easy to mind and easy to find”: Key performance indicators are brand awareness, brand consideration, and brand preference. See the complete blog here.

Industry News

TALKERS News Notes

PodcastOne announces deals to extend top performing and fan favorite podcasts “LadyGang,” “Gals on the Go” and “Melissa Gorga On Display.” PodcastOne president and co-founder Kit Gray comments, “PodcastOne prides itself on being talent first and ‘LadyGang,’ ‘Gals on the Go’ and ‘Melissa Gorga On Display’ are some of the most talented hosts in the medium. We’re incredibly fortunate to build on a legacy of groundbreaking audio driven entertainment for women. Being able to grow these podcasts in partnership with their hosts has truly been a pleasure over the last several years, and we look forward to what the future has in store.”

VSiN, The Sports Betting Network, adds new affiliate stations in Medford, Oregon and Abilene, Texas. VSiN general manager Len Mead says, “Following new radio affiliates in New Hampshire and North Carolina late this summer, the new football season brings continued expansion of VSiN’s leading sports betting radio network. We’re excited to welcome new fans in Medford and Abilene as we continue to expand our distribution footprint to inform and entertain more listeners than ever before.”

iHeartPodcasts and Novel announce the launch of brand-new weekly podcast, “28 Dates Later with Grace Campbell.” Comedian and writer Campbell goes on 28 dates across two months, only dating people who are the total opposite of her usual type. Listeners not only hear audio from the actual dates, but are also be given a ringside seat to the post-date debrief between Grace and her friends Roz and Dan.

NASCAR crowns it’s Premier Series Champion this Sunday (11/5) at Phoenix Raceway capping its historic 75th Anniversary season. When Motor Racing Network completes its live broadcast from Phoenix, it will signal the end of approximately 350 hours of NASCAR related content produced by the network in 2023.

Industry News

Yesterday’s (10/30) Top News/Talk Media Stories

Israel rebuffs international pleas for humanitarian pause in Gaza attacks and the increasing incidents of anti-Semitism globally; President Joe Biden issues executive order designed to regulate the risks of Artificial Intelligence; former President Donald Trump’s legal battles; the 2024 presidential race; the aftermath of the Maine mass shooting and the other shootings that occurred over the weekend; and the death of actor Matthew Perry were some of the most-talked-about stories in news/talk media, according to ongoing research from TALKERS magazine.

Ratings Takeaways

October 2023 PPM Ratings – Part One

imOctober 2023 PPM Data – Information for the October 2023 ratings period (September 14 – October 11) has been released for New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island), and Riverside-San Bernardino-Ontario.

The only requirement for a spoken-word station to be included below is that they be a Nielsen Audio subscriber – there are no share or rank thresholds.

NFL; NBA; and NHL team names of corresponding spoken-word flagship(s) are bolded.

Comparisons are September 2023 – October 2023 (6+).

NEW YORK

News/Talk

WABC 3.4 – 3.1, #11 – #11

WOR 1.2 – 1.2, #22 – #23

WKXW .7 – .8, #24 – #25

WKXW Stream .2 – .3, #41 – #37

WLIR-FM .0 – .0, DNA – DNA

News

WINS-FM 4.6 – 4.3, #7 – #7

WCBS-AM 2.5 – 2.3, #13 – #15

WINS-FM Stream .4 – .4, #32 – #34

Business News WBBR .3 – .4, #35 – #34

WCBS-AM Stream .3 – .2, #35 – #40

Sports Talk

WFAN FM & AM 3.1 – 2.9, #12 -#13 (Giants, Brooklyn Nets, New Jersey Devils)

WEPN-FM 1.1 – 1.4 #23 – #21 (Jets, Knicks, Islanders, Rangers)

WFAN FM & AM Stream .7 – .9, #24 -#24 (Giants, Brooklyn Nets, New Jersey Devils)

Public Radio News/Talk

WNYC-FM 3.6 – 4.4, #10 – #6

WNYC-AM 1.4 – 1.3, #21 – #22

Note: Public radio news/talk WNYC-FM’s +.8 (3.6 – 4.4) ties contemporary Christian WPLJ for the market’s greatest September 2023 – October 2023 increase (6+).

LOS ANGELES

News/Talk

KFI 4.8 – 4.5, #4 – #5

KEIB .7 – .8, #32 – #32  (Clippers)

KRLA .6 – .6, #34 – #33

News

KNX-FM 3.7 – 3.3, #8 – #10

KNX-FM Stream .1 – .1, #43 – #39

Sports Talk

KLAC 1.6 – 1.3, #26 – #27 (Chargers, Clippers)

Public Radio News/Talk

KPCC 2.1 – 2.5, #20 – #13

Flagship of the Rams and Lakers is sports talk KSPN, which is unlisted in this sweep.

Kings’ games are heard on the iHeartRadio app, while games of the Anaheim Ducks are heard on the Ducks stream.

CHICAGO

News/Talk

WGN 3.4 – 3.6, #8 – #8  (Blackhawks)

WLS-AM 1.4 – 1.5, #23 – #24

WLIP .3 – .3, #37 – #37

WVON .1 – .0, #44 – DNA

WLS-AM Stream .0 – .0, DNA – DNA

News

WBBM-AM & WCFS 4.9 – 5.6, #3 – #3

WBBM-AM & WCFS Stream .2 – .1, #42 – #45

Sports Talk

WSCR 3.2 – 2.5, #11 – #14 (Bulls)

WMVP 1.4 – 1.6, #23 – #22 (Bears)

WSCR Stream .7 – .3, #28 – #37  (Bulls)

Public Radio News/Talk

WBEZ 3.0 – 3.2, #13 – #12  

Note: Sports talk WSCR’s -.7 (3.2 – 2.5) is the market’s greatest September 2023 – October 2023 decrease (6+).

SAN FRANCISCO

News/Talk

KSFO 2.0 – 1.6, #16 – #20

KSFO Stream .3 – .4, #29 – #28

News

KCBS-AM & KFRC 7.1 – 6.6, #2 – #2

KNEW .1 – .2, #33 – #32  

KCBS-AM & KFRC Stream .1 – .1, #33 – #36

Sports Talk

KNBR 3.7 – 3.2, #7 – #11 (49ers)

KGMZ 1.5 – 1.8, #22 – #18   (Golden State Warriors)

KTCT .2 – .3, #30 – #29  

KGO .1 – .3, #33 – #29  

KGO Stream .2 – .2, #30 – #32  

Public Radio News/Talk

KQED 5.3 – 5.3, #3 – #3

KALW .2 – .3, #30 – #29

DALLAS

News/Talk

WBAP 4.6 – 4.5, #5 – #4

KEGL 1.5 – 1.4, #26 – #27  (Mavericks)

KSKY .5 – .6, #35 – #33

KLIF-AM .6 – .4, #34 – #37

KSKY Stream .1 – .0, #42 – #DNA

News

News – Talk KRLD-AM 1.8 – 2.1, #22 – #21 (Cowboys)

News – Talk KRLD-AM Stream .0 – .0, DNA – DNA (Cowboys)

Sports Talk

KTCK 4.7 – 4.7, #3 – #3  (Stars)

KRLD-FM 2.9 – 3.6, #15 – #10 (Cowboys)

KRLD-FM Stream .1 – .2, #42 – #38 (Cowboys)

Public Radio News/Talk

KERA 2.7 – 2.4, #16 – #18

Note: Sports talk KRLD-FM’s +.7 (2.9 – 3.6) is the market’s greatest September 2023 – October 2023 increase (6+).

HOUSTON

News/Talk

KTRH 3.7 – 4.0, #12 – #9  (Rockets)

KPRC .9 – .9, #27 – #26  

News

None

Sports Talk

KBME 1.9 – 1.5, #22 – #22  (Rockets)

KILT-AM 1.3 – 1.5, #25 – #22 (Texans)

KFNC .2 – .3, #30 – #29

KILT-AM Stream .1 – .2, #34 – #31 (Texans)

Public Radio News/Talk

KUHF 2.2 – 1.8, #18 – #21

ATLANTA

News/Talk

WSB-AM & WSBB 7.3 – 8.1, #3 – #2

WFOM .4 – .4, #29 – #30

WGKA .3 – .3, #31 – #32

WSRV-HD3 Stream .0 – .2, DNA – #33

WAOK .1 – .1, #36 – #37

WAOK Stream .0 – .1, DNA – #37

News

WBIN  .1 – .0, #36 – #DNA

Sports Talk

WZGC 2.8 – 3.0, #14 – #14 (Falcons, Hawks)

WCNN 1.5 – 1.8, #20 – #18

WZGC Stream .3 – .6, #31 – #27 (Falcons, Hawks)

Public Radio News/Talk

WABE 3.5 – 3.6, #12 – #10

WRAS  .7 – .6, #26 – #27

PHILADELPHIA

News/Talk

WPHT 1.5 – 2.1, #19 – #15

WPHT Stream .3 – .5, #29 – #23

WURD .5 – .5, #23 – #23

WURD Stream .5 – .3, #26 – #25

WKXW 1.1 – DNA, #22 – DNA

WKXW Stream .1 – DNA, #35 – DNA

News

KYW & WPHI 5.8 – 5.4, #5 – #6

KYW & WPHI Stream .2 – .1, #31 – #27

Sports Talk

WIP 5.8 – 8.2, #5 – #2 (Eagles)

WIP Stream .7 – 1.5, #25 – #20 (Eagles)

WPEN-FM 1.1 – 1.2, #22 – #21 (76ers, Flyers)

Public Radio News/Talk

WHYY 3.6 – 3.1, #11 – #11

Note: Sports talk WIP’s +2.4 (5.8 – 8.2) is the greatest September 2023 – October 2023 increase by any station in these 12 PPM-markets (6+).

NASSAU-SUFFOLK (LONG ISLAND)

News/Talk

WABC 3.9 – 2.2, #8 – #18

WOR 1.1 – 1.1, #22 – #22

WLIR .2 – .2, #33 – #30

News

WINS-FM 4.0 – 3.7, #7 – #7

WCBS-AM 2.5 – 2.7, #14 – #12

WINS-FM Stream .5 – .6, #25 – #25

WCBS-AM Stream .4 – .2, #29 – #30

Business News WBBR .3 – .3, #32 – #29

Sports Talk

WFAN-FM 3.8 – 3.9 #10 – #6 (Giants, Brooklyn Nets, New Jersey Devils)

WEPN-FM 1.7 – 3.0, #18 – #11 (Jets, Knicks, Islanders, Rangers)

WFAN-FM Stream 1.2 – 1.2, #21 – #21 (Giants, Brooklyn Nets, New Jersey Devils)

Public Radio News/Talk

WSUF .2 – .2, #33 – #30 

Note: Sports Talk WEPN-FM’s +1.3 (1.7 – 3.0) represents Nassau-Suffolk’s largest September 2023 – October 2023 increase.

RIVERSIDE

News/Talk

None

News

KFOO .1 – .1, #22 – #24

Sports Talk

None

Public Radio News/Talk

KVCR .4 – .5 #19 – #19

KPCC .2 – .1, #20 – #24

SAN JOSE

News/Talk

KSFO 1.3 – 1.1, #22 – #23

KSFO Stream .2 – .2, #28 – #30  

News

KCBS-AM & KFRC 6.6 – 6.0, fourth consecutive month at #1

KCBS-AM & KFRC Stream .3 – .3, #27 – #29

KNEW .2 – .2, #28 – #30  

Sports Talk

KNBR 4.8 – 5.2, #4 – #5 (49ers)

KGMZ 2.2 – 2.1, #15 – #16 (Golden State Warriors)

KGO Stream .8 – 1.0, #24 – #25  

KTCT .5 – .8, #26 – #27   

KGO .2 – .6, #28 – #28  

Public Radio News/Talk

None 

Sharks’ games are carried on the Sharks Audio Network.

MIDDLESEX-SOMERSET-UNION 

News/Talk

WKXW 5.2 – 6.0, #4 – #2

WKXW Stream .6 – 1.0, #22 – #19

WOR .6 – .6, #22 – #23  

News

WINS-FM 2.1 – 2.3, #13 – #11

WCBS-AM 1.2 – .9, #17 – #21

WINS-FM Stream .3 – .3, #27 – #27

WCBS-AM Stream .2 – DNA, #28 – DNA

Sports Talk

WFAN-FM & AM 4.1 – 3.4, #8 – #9 (Giants, Brooklyn Nets, New Jersey Devils)

WFAN FM & AM Stream .8 – 1.2, #20 – #17 (Giants, Brooklyn Nets, New Jersey Devils)

WEPN-FM .9 – 1.2, #19 – #17 (Jets, Knicks, Islanders, Rangers)

Public Radio News/Talk

None

Note: Sports talk WFAN’s -.7 (4.1 – 3.4) represents Middlesex-Somerset-Union’s largest September 2023 – October 2023 decrease. 

Up next: October 2023 overviews for: Washington, DC; Boston; Miami; Seattle; Detroit; Phoenix; Minneapolis; San Diego; Tampa; Denver; Baltimore; and St. Louis.

Mike.Kinosian@gmail.com

Industry Views

Monday Memo: Stamina, Systems, Support

im

In this week’s column, consultant Holland Cooke asks veteran broadcasters (l-r) Mike McVay, Jay Philippone, Gene Valicenti, and Paul Gleiser: “How do you keep up this pace?” Clue: They have a genuine love of our craft. Read Cooke’s column here.

Industry Views

Monday Memo: Stamina, Systems, Support

By Holland Cooke
Consltant

imFeel busy? Try keeping-up with these four:

— Like George Clooney’s character in “Up In The Air,” Mike McVay attained an elite status earned by only a handful when Continental Airlines was the principal carrier in Cleveland, his home base. And he’s still at it, consulting full-time since 1984.

— “Rhode Island’s anchorman” is ultimate split-shifter Gene Valicenti, who hosts 3 hours of radio on WPRO at 6AM (11 years), then at 6PM he co-anchors on NBC10 TV (31 years), both top-rated shows.

— For 10 years I’ve been riding 138 miles with owner Jay Philippone from his home in Pittsburgh to Connect FM + Sunny 106 in DuBois PA. He lived there when his children were young, then moved to the Burgh’ when he bought stations in nearer West Virginia; and “because you get home quicker from Pirates and Penguins and Steelers games.”

— And for 20 years I’ve followed owner Paul Gleiser “106.3 miles door-to-door” from his home in Dallas to KTBB + KRWR in Tyler-Longview. Why the trek? “My wife gets to do what she wants to do” in the culturally rich Metroplex, and where she is a university professor.

How DO they do it?

“On the cusp of my 65th birthday,” Jay laughs, “that’s a good question!” As bosses, he and Paul are innately motivated. Gene sets the alarm for 5AM, but – because “I just can’t wait to get on the radio — I find myself getting up earlier,” to execute a show he and his producers mapped-out the day before.

Their love for our craft is clear. Mike says he’s “up late and up early because l absolutely love what I’m doing. I really don’t feel like I’m working for the most part.”

im

Their routine seems anything-but

Gleiser has gone-though “a lot of tires” making his trans-Texas trek 4 days a week since 1991 (on Wednesdays in his ATW Creative Services studio in Dallas). And he makes the most of all those miles: “I’m in the News and Talk business, so I use that time to consume news and keep myself current.” As does Philippone; and all that back-N-forth time affords them an invaluable perspective listening in-car, where AM/FM radio is still #1.

Mike McVay travels 3 weeks a month (down from 48 weeks X 5 days pre-pandemic), unlike Gene Valicenti’s 6AM + 6PM gigs that keep him closer to home. And, yes, Gene naps between shows (“30 minutes, longer makes it worse”). But by 5PM he’s in the bustling NBC10 newsroom, where “I start to work on the 6P TV script” he’s given, “which I go through and rewrite almost every story and tease, to make the copy sound like me.” 

Technology: Friend or foe?

“Yes!” Gleiser quips. “There are only tradeoffs.” On the plus side, the pandemic-necessitated telecommuting that has transformed so many other industries has shown radio new options.

Jimmy Failla’s first affiliate remote was from KTBB, where – minutes before airtime – Internet service failed. If I hadn’t seen it in person, I wouldn’t have believed that we fed New York via an iPhone hotspot. And as Failla’s frequent fill-in, Paul has hosted the show from KTBB and from home in Dallas and in-studio at Fox/NY, and my trained ear can’t hear the difference. And when Valicenti does his radio show at home Monday and Friday mornings, he can even do his live NBC10 TV simulcast hit there.

Philippone raves about the Radio.cloud automation system “that allows us to work and manage the product and diagnose transmitter problems from anywhere.” But he confesses that “I’m still working on a perfect way to manage my In box, to be able to keep-up” with the volume of communication and information, the velocity of which is “lots faster than pre-Internet/pre-Email days.”

During my 17 years as McVay Media news/talk specialist, I learned lots from Mike about keeping organized. “Obsessive about detail and staying focused on the job at hand,” he types meeting notes in real-time. “I do everything I need to do as quickly as it can be done,” which also means making the most of all that time in-flight. He warns managers to “prioritize properly, so the crisis of one person doesn’t become a crisis for someone else.”

It takes a team 

Gene Valicenti admits “I got lucky with two good producers,” one at WPRO the other at NBC10. “They’re both fast and technologically-savvy,” and his radio producer “can quickly find something during commercial breaks.” He talks with both producers several times each day, and they talk to each other. “It’s all about cross-promoting, cross-purposing” on-air material from station-to-station, win-win.

Paul Gleiser IS his stations. He has a PD, but he himself is owner, GM, Sales Manager, Promotion Manager, and choosy endorsement spot talent. “It’s an unusual management structure,” in which “everybody is in Sales, and everybody knows their job, and has tenure, almost zero turnover” (the last couple openings were because two longtime staffers died suddenly, too young).

Jay Philippone is at his Pennsylvania stations Mondays (interacting with each staffer and finalizing his visit to-do list) and Tuesdays (“meetings day”) and Wednesdays (follow-through). He has a full-time GM and “she’s been on the job 30 years next month, someone to make sure things get done and ‘the trains run on time.’”

Hitting Pause 

Mike urges “find time to turn it off. Let your brain be on rest, and entertain yourself.” He’s a sports fan, and binge-watches his favorite TV shows. Jay will “take a half day and not work, just read,” and he calls that decompression “really, really worthwhile.”

But retirement? McVay: Nope. Gleiser: “And do WHAT?” Philippone: “I’ve been in radio since I was 19 and I love what I do.” When I ask “If you didn’t do this?” Jay admits “I don’t have an answer,” and he thinks “it would be easy to lose a sense of direction.” As did his retired friend who said “it sucks.”

Valicenti is struck by the reach of WPRO’s station stream: “You would not believe how many rely on it,” and when it hiccups “we hear about it!” And not just from locals using the station app and smart speakers. He has a big following in Florida, seasonal snowbirds and Rhode Island ex-pat retirees who are frequent callers. When the time comes? “Maybe doing a radio show from Florida,” where – vacationing recently in Naples – he was greeted by New England accents when spotted in restaurants callers had recommended.

Holland Cooke (HollandCooke.com) is a consultant working at the intersection of broadcasting and the Internet. He is the author of “Confidential: Negotiation Checklist for Weekend Talk Radioand “Close Like Crazy: Local Direct Leads, Pitches & Specs That Earned the Benjamins.” Follow HC on Twitter @HollandCooke

Industry News

Cumulus Media 2023 Q3 Revenue Falls 11%

Cumulus Media Inc is the first audio group to report third quarter 2023 operating results in a year that’s been challenging for all media reliant on advertising. Today’s Q3 report reveals net revenue of $207 million, a decline of 11% over the same period in 2022. Cumulus reports net income during the quarter of $2.7 million, down 68% from a year ago. However, for the first nine months of 2023, the company reportsim a net loss of $19.8 million. Cumulus reports in segments, and for the Q3 period total broadcast radio revenue was $146 million, down 17.4% from a year ago. Spot revenue was down 15.2% while network revenue declined 22.8% from Q3 of 2022. Cumulus’ digital segment reports revenue of $37.2 million, an increase of 6.6%, year-over-year. Cumulus CEO Mary G. Berner states, “Third quarter revenue and Adjusted EBITDA finished in line with expectations with results reflecting the continued dichotomy between local imand national business lines. Despite the challenging environment, we maximized performance by continuing to focus on areas we can control, including growing each of our digital businesses, reducing costs, and improving our balance sheet through non-core asset sales and debt reduction. These actions have further improved the company’s revenue growth profile, operating leverage, financial flexibility, and strategic optionality and, collectively, position us to rebound when the advertising environment improves. While we are continuing to see weakness in national markets, as companies are starting to set their 2024 marketing budgets, we are seeing some initial indications from key national advertisers in several categories that sentiment is improving for next year. That tone, combined with the anticipation of a robust political spending cycle, gives us cautious optimism that we may be seeing the early signs of a market recovery.”

Industry Views

SABO SEZ: Stream to Success

By Walter Sabo
Consultant, Sabo Media Implementers
A.K.A. Walter Sterling
Radio Host, “Sterling On Sunday”
Talk Media Network

imIn May 2007, I was enjoying the brand-new app called YouTube. Still independently owned, still relatively unknown. Some of the videos pulled millions of viewers, more viewers than enjoyed by ESPN or any cable network. More interesting, the videos with high counts were not made by NBC or ESPN or any traditional video source. High view count videos were being made by people with no experience in traditional media, they were experimenters producing in their basements and bedrooms.

As these new performers were pulling major view counts, they revealed that they worked at Starbucks, were going to school and wanting to make enough money to get out of their parent’s house. Wait. Some video creators were winning more viewers than ESPN and they were broke? Simultaneously major brands like Pepsi and Budweiser knew they had to enter the online video space and each attempt was a disaster. BUD TV! Online video entertainment was a brand-new medium; USG User Generated Content.

I started a company called HITVIEWS. The goal was to placed brand messages in User Generated Content. The first company. No one had ever done it. We gathered the top video performers and started to marry them with brands like Pepsi, FOX TVTimberlandMTV,  CBS TelevisionIBMLogitech, many more. A TALKERS conference introduced the first Influencer (we called them “Web Stars”), Caitlin Hill, to radio executives.

From this pioneering initiative into online video, I can share a significant amount of information about the ingredients of a successful video campaign.

  1. Use video stars, influencers, to deliver your message. It’s a different medium and requires different stars.
  2. Engage every capability of the platform. The videos with the highest view counts demand the most interaction with the viewer. Click now. Comment below. Make a response video. Send a text back. THEN answer all responses. Every single viewer response must be answered by you or it is wasted.
  3. It’s not radio or TV. Don’t bother putting up videos at a fixed day and time. Put up as many videos as you possibly can. Two days is too old!
  4. Funny works best.

Online video success makes the medium the message. The touch screen, mouse, keyboard. Audio, video capabilities must all be integrated into the entertainment. If full functionality is not part of the show, the show is boring.

Walter Sabo has consulted the largest media companies worldwide in digital initiatives. He was the on-site consultant for SiriusXM Satellite Radio for nine years. He can be reached by email at walter@sabomedia.com and his network radio show can be discovered at  www.waltersterlingshow.com.

Industry News

NRG Media’s Iowa Talking Points Goes on Remote

The cross-platform program “Iowa Talking Points” – produced by NRG Media and Mudd Advertising, took to the road last Friday (10/20) for a remote broadcast that featured GOP presidential candidatesim Gov. Ron DeSantis, Amb. Nikki Haley, Vivek Ramaswamy, Sen. Tim Scott, Gov. Doug Burgum, Gov. Asa Hutchinson, and Ryan Binkley. “Iowa Talking Points” is produced for live video stream, imvideo and audio on-demand playback, and radio rebroadcast by NRG’s “News/Talk 1540” KXEL, Cedar Rapids-Waterloo and is hosted by KXEL program director and host Jeff Stein. Previous programs in the series have been produced in front of a live studio audience from Mudd’s state-of-the-art “Studio5@Mudd” facility in Cedar Falls. Last week, the team arranged a special live broadcast from the annual tailgate fundraiser sponsored by Iowa State Rep. Mariannette Miller-Meeks. Stein says, “There are very few opportunities to have access to this many candidates at one time. Engaging with them in this way gives our audience the best information free from sound bites and media filters.” Pictured here is Stein with DeSantis (left) and Haley (right).

Industry News

Larry Elder Exits Presidential Race

As reported by UPI, conservative talk media personality Larry Elder suspends his campaign for theim GOP presidential nomination and says he’ll put his support behind Donald Trump. “As I look at the path forward, and after careful consideration and consultation with my campaign team, I have made the difficult decision to suspend my campaign.” Elder was unable to get a spot on either of the two Republican presidential debates held so far. Read the UPI story here.

Industry News

Momo Vemireddy Named Regional Promotions Director for Audacy Austin

Audacy Austin names Manimala “Momo” Vemireddy as regional promotions director. In this role, she’ll work closely with market and brand leadership and regional promotions leads on the ideation,im implementation and management of all market events, promotions and contesting initiatives and support similar initiatives within the region that includes Dallas, Houston and New Orleans. Audacy Austin SVP and market manager Bob Mackay says, “Momo has all the mojo going as far as being connected promotionally in Austin. She loves live music and being out with the brands, which made her the perfect choice to work alongside our vice president of programming Nikki Nite, to help elevate the Audacy Austin marketing efforts.” Audacy operates news/talk KJCE-AM and three music brands in the Austin market.

Industry News

Top News/Talk Media Stories for Week of October 23-27

Congressman Mike Johnson (R-LA) is elected House Speaker after weeks of GOP maneuvering was most-talked-about story in news/talk media this week, landing atop the Talkers TenTM. At #2 this week was the Israel-Hamas war and the U.S. protests, followed by former President Donald Trump’s various legal battles at #3. The Talkers TenTM is a weekly chart of the top stories and people discussed in news/talk media and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Industry News

NAB Announces 2023 Marconi Winners

NAB announced the winners of the 2023 Marconi Awards at last night’s ceremony at NAB Show Newim York. The spoken-word winners included: Legendary Radio Station of the Year – all-news KCBS-AM, San Francisco; Network/Syndicated Personality of the Year – Rich Eisen, Westwood One; Best Podcast of the Year – “The Letter,” KSL-FM, Salt Lake City; News/Talk Station of the Year – WTOP-FM, Washington, DC; and Sports Station of the Year – WBZ-FM, Boston.

Industry News

SXM’s Mad Dog Won’t Retire; Will Do Stern-Engineered Stunt

After saying he would retire immediately if the Arizona Diamondbacks won their two final games againstim the Philadelphia Phillies to make the World Series – which they did – SiriusXM sports talk personality Chris “Mad Dog” Russo said on Wednesday’s “Howard Stern Show” that the retirement statement was a “throwaway line” and he would not retire. Stern then urged him to accept “punishment” in the form of a stunt: Russo would wear a Diamondbacks-themed bikini and walk down the street in Manhattan carrying a sign saying, “I am a liar and a dope.”

Industry News

Yesterday’s (10/25) Top News/Talk Media Stories

Congressman Mike Johnson (R-LA) is elected new Speaker of the House; the Israel-Hamas war and the controversy in the U.S. over publicly declaring support for either Israel or the Palestinians; former President Donald Trump’s legal battles; the 2024 presidential race; the U.S. migrant crisis; Supreme Court Justice Clarence Thomas’ forgiven RV loan; the FDA’s notice that COVID-19 vaccinations can bring an elevated risk of stroke if given in combination with flu shots to older people; and Hurricane Otis slams Acapulco, Mexico were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

Audacy Releases Modern Blueprint for Audio Advertising

Audacy is releasing the fifth installment of its bi-annual audio thought leadership series, State of Audio: Level Up, that it calls “a modern blueprint for audio advertising, designed to provide a go-to playbook – including planning tips, creative how-to’s and innovative trends – to help advertisers level up the performance of their audio investments.” Audacy chief marketing officer Paul Suchman says, “Audio is proving itself as a must-have media for marketers. Our advertisers are embracing the power of multiim-platform audio with media plans that utilize radio, digital audio and podcasts, working together to reach audiences with unprecedented precision and drive quantifiable outcomes for their brands.” Some of the findings within the guide include: 1) Audio advertising works harder – driving more than two times the attention of TV and social media at more desirable CPMs; 2) Radio and digital audio are stronger together. A multi-platform audio strategy is so powerful that advertisers see 1.5 times the return on ad spend compared to digital-only campaigns; 3) Advertisers are leaving upwards of $6 billion in revenue on the table by not including total audio – a balanced mix of traditional broadcast radio and digital audio – in their media mix, according to a study conducted by Audacy and Neustar. The report also offers actionable tips for producing effective ads under the section titled, “5 Ways the Best Audio Ads Crush the Status Quo.” Here, Audacy says, “Advertising on the #1 reach media — Audio — will get you the most ears. But to keep them, your creative can’t just be good — it needs to be really freaking great.” See the report here.

Industry News

FOX News and SiriusXM Renew Content Deal

SiriusXM and FOX News Media announce they have signed a new, longterm agreement for SiriusXM toim continue carrying FOX News Channel, FOX Business Network and FOX News Headlines 24/7 exclusively across SiriusXM’s platforms. Additionally, FOX News On-Demand Audio will remain available on the SiriusXM app. FOX News Media president and executive editor Jay Wallace says, “We value our relationship with SiriusXM and are pleased to extend our broadcast agreement, ensuring their audience continued access to their favorite FOX News personalities and powerful primetime lineup.”

Industry News

TALKERS News Notes

iHeartMedia Inc will hold an earnings call to discuss its financial results from the third quarter of 2023 and its business outlook on Thursday, November 9 at 8:30 am ET. The company will release its Q3 2023 financial report prior to the earnings call.

Beasley Broadcast Group Inc will report its 2023 third quarter financial results before the market opens on Wednesday, November 1. The company will host a conference call and webcast at 11:00 am ET that morning to review the results.

Red Apple Media’s 77WABC is saluting law enforcement today (10/25) with “Respect the Blue, Trust The Blue, Back the Blue, “an all-day tribute honoring the men and women in law enforcement who risk their lives every day to keep New York City and America safe.” The day’s events include a drive to raise money for the 77WABC Foundation’s Back the Blue Fallen Officer Family Fund.

iHeartMedia Memphis — including news/talk WREC-AM — announces the 8th annual “Cognac, Cars & Cigars” on Saturday, November 4. A portion of the ticket proceeds will benefit local charity Merge Memphis, a non-profit with a mission to serve homeless women.

Industry News

Yesterday’s (10/24) Top News/Talk Media Stories

The failure of Congressman Tom Emmer to secure enough support to become the next House Speaker and Congressman Mike Johnson’s bid for the post; the Israel-Hamas war and the controversy in the U.S. over publicly declaring support for either Israel or the Palestinians; former President Donald Trump’s legal battles; the 2024 presidential race; the U.S. migrant crisis; and 42 states sue Meta saying Facebook and Instagram are addictive and target children were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

WWO: AM/FM Radio Tops TV Among Persons 18-49

The latest blog post from Cumulus Media | Westwood One’s Audio Active Group features data from Nielsen’s Total Audience Report for Q3 of 2023 that indicates “AM/FM radio’s persons 18-49 average audience is now +5% greater than television.” Other takeaways from the research include: 1) Sinceim 2018, Nielsen’s Total Audience Report reveals the 18-49 weekly reach of live and time-shifted TV has dropped -26%. Over the same period, TV’s daily time spent is down -59%; 2) cord-cutting is a major driver of TV’s audience collapse: The MRI Simmons January 2023 “How Americans Watch TV” report reveals 51% have cut the cord; 3) While a huge number of Americans have abandoned traditional TV for streaming, AM/FM radio remains the dominant audio platform: According to Edison Research’s Q2 2023 “Share of Ear,” AM/FM radio has a massive 69% share of U.S. ad-supported audio. AM/FM radio audience shares are over 17 times larger than ad-supported Pandora and ad-supported Spotify. See the full blog post here.

Industry News

Lange Rises to VP, Client Success and Strategy for Audacy

Audacy announces that Ryan Lange is promoted to vice president of client success and strategy in its Midwest region. In this role, Lange will oversee sales strategy and digital fulfillment teams for Audacy’sim Chicago, Cleveland, Detroit, Madison, Milwaukee and Minneapolis markets. He has been serving the company as director of digital sales and strategy. Audacy regional president Rachel Williamson states, “Over the past four years, Ryan has played a pivotal role in developing our critical sales support team, and his invaluable contributions have been instrumental in building strong relationships with clients. We look forward to continued growth and innovation under his leadership across the region.”

Industry News

Study Says Podcast Listeners Favor Podcast Radio Concept

Podcast Radio reveals that a study by Coleman Insights concludes that 81% of respondents would be very likely or somewhat likely to listen to a radio station that broadcasts curated podcasting content. A description of Podcast Radio was tested via Coleman Insights’ Pod Predictor service. The appeal andim listener likelihood based on a description of Podcast Radio was measured among a panel of 500 18-64-year-old podcast consumers in the United States. Podcast Radio founder and CEO Gerry Edwards says, “Podcast Radio can help radio effectively play offense to the rise of podcasts as an in-vehicle, in-home and mobile entertainment choice. This new data reinforces that strong, engaging, spoken-word content continues to evolve in exciting ways to meet the needs of U.S. listeners. That can enable radio to remain competitive and provide an attractive alternative for radio stations and radio groups.”

Industry News

ENCO, Benztown and Compass Partner on SpecAI Service

ENCO joins forces with Benztown and Compass Media Networks to bring its SpecAI ad creation solution to the North American radio broadcast market. The companies say the SpecAI technology can help broadcasters create spec ads for sponsors on demand, alleviating the time, energy, and costs of traditional production methods while accelerating the sales process and time to market. Compass CFO Hiram Lazar says, “AI adoption has swiftly moved forward over the last few months, and as the largest player in spec commercials for over 10 years we recognized it was time to offer an AI solution for our clients. Using Benztown’s libraries, we can now give our clients the option to produce ads with an AI voice or a live voice to customize prerecorded spec commercials.”

Industry News

TALKERS News Notes

PodcastOne releases preliminary financial data for the company’s Q2 fiscal 2024 period ended September 30, 2023 estimating revenue for the period will be more than $10.5 million, an increase of 24%.

Cumulus Media will host a conference call on Friday (10/27) at 8:30 am ET to discuss its third quarter 2023 operating results. The company will issue a press release containing a summary of these results before the call at approximately 8:00 am ET.

SiriusXM launches its coverage of the 2023-24 NBA season tonight with the NBA Champion Denver Nuggets hosting LeBron James and the Los Angeles Lakers, followed by the Phoenix Suns visiting the Golden State Warriors on the SiriusXM NBA Radio channel.

Industry News

Yesterday’s (10/23) Top News/Talk Media Stories

The Israel-Hamas war and the various protests against Israel’s response to the Hamas attacks; eight House members line up for House Speaker post; former President Donald Trump’s legal battles; the 2024 presidential race; Saudi Arabia’s global investment conference; and the UAW strike expands to a Dodge Ram facility in Michigan were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry Views

Pending Business: Your 2024 Ad Sales Forecast

By Steve Lapa
Lapcom Communications Corp
President

imYour crystal ball is still foggy, isn’t it?

Even worse, no matter how many times you try and shake it into a predictive submission, the answer is still the same, “Political-not sure, Weather Emergency-unforecastable.”

Nobody in business likes a lack of confidence, so “Not Sure” is a non-starter. For us radio fans, the variables in predicting a 2024 ad sales forecast are the most unforecastable, unpredictable, variables since the original gang of head-in-the-sand radio gurus pegged MTV as a 1981 fad.

And here we are, 42 years later where a pure-play music video channel challenging FM music radio, satellite music radio, music streaming and downloadable audio would include dating games and ridiculousness, once again saving America’s most-listened-to free music source: radio.

Remember 1981 when talk radio was mounting a competitive threat to all-news radio. Rush was 30, Hannity was 20, Bongino was seven and Ben Shapiro was not born yet. Anybody here have 42 years to wait out your 2024 predictions and get it right? How about 42 days late with your forecast?

Our new world of AI, super-speed computer analysis, blended into an ever-changing digital and social media landscape, under pressure from the economy, global events and the melting radio revenue ice cube has made predicting 2024 ad projections a Vegas skill game.

Thankfully, we have the experience, patience, and cooperation of radio’s leadership to adjust forecasting quarter by quarter, sort of. Back to the task at hand and how to navigate this cracked crystal ball as you mount your sales strategy into 2024.

— Keep your eye on the prize. Always remember, your current advertiser is your best advertiser. Take diligent care of your foundational base billing and that means super serving your customers, as competitors from every medium are monitoring, planning, and pricing a counter plan.

— Positive Paranoia. Thank you, Andy Grove. The third CEO of Intel and a driving force behind Silicon Valley’s original exponential growth knew how to channel innovation and competition into a positive zone. How about you?

— Never stop learning. What new strategies and sales techniques will you drive into next year.

— Something will drop out of your sales picture. What is it? Eventually a sale resource will drop out. Identify how you will compensate for the loss and how you will grow your business as a result.

— Do you have minimum and maximum goals? There are only so many accounts you can sell and service in a month. What is that number and how much do each of those accounts need to generate monthly?

— Attrition. The arch-enemy of sales. Some business never returns. Now what?

Many 2024 projections are falling in the ultra-conservative, no risk, under promise/overdeliver category. Yet there is a fine line between being too conservative and a vote of no confidence. What’s in your forecast?

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.