Industry News

WFNC-FM Food Drive Assists Fayetteville Food Bank

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Cumulus Media’s news/talk WFNC-FM, Fayetteville, North Carolina announces that the station collected a total of 15,780 pounds of non-perishable food items for Fayetteville’s Second Harvest Food Bank through a food drive and live broadcast on Saturday (5/13). Morning show host Jeff “Goldy” Goldberg (pictured above posing for a picture with some donors) broadcast live from a Food Lion grocery store.

Industry News

Yesterday’s (5/17) Top News/Talk Media Stories

The influx of migrants, the cities straining to integrate them, and the Biden administration’s immigration policies; Montana Governor Greg Gianforte signs a bill into law banning TikTok in the state; the negotiations over the debt ceiling, Florida Governor Ron DeSantis’ anti-LGBTQ legislation; President Joe Biden attends the G7 conference in Japan; and the Russia-Ukraine war were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

Dan Bongino Reverses Course as Cumulus Ends COVID Vaccine Mandate

Westwood One nationally syndicated talk radio host Dan Bongino, who publicly challenged Cumulus Media’s COVID-19 vaccine requirement and said he would leave the company after his contract ends because of it, confided to his listeners now that the company has ended the mandate he would like to continue his host role with the network (5/10). He said at first, he was reluctant about doing a talk show in the same time period asim the late Rush Limbaugh (“no one wants to replace Mickey Mantle”) but agreed to do it anyway. “This thing happened along the way where I really fell in love with the job… I didn’t really want to leave, and I don’t want to go. I didn’t really expect this and it puts me in a really weird spot… somewhere along the way this little marriage between you [the listener] and me… started out rough and rocky and it’s just become nothing but bliss for me and I just really hate to leave it.” Bongino’s addressing the matter came as CHRO and SVP human resources Todd McCarty notified managers about the ending of the mandate via an internal memo. He wrote, “After continued consideration, we’ve made the decision to end the COVID-19 vaccine mandate. Additionally, we are eliminating all prior COVID-19 protocols for employees and visitors/guests to our facilities, with the exception of protocols for those who test positive. These changes are effective immediately and we ask that you communicate these changes to your teams. HR will be adjusting current job descriptions and will eliminate the requirement moving forward.” The complete Bongino on-air statement can be heard here.

Industry News

Audacy Faces Stock Delisting from NYSE

Just eight days before its 2023 shareholder meeting at which it planned to put a reverse stock split to a vote, Audacy, Inc receives notice from the New York Stock Exchange that it is commencing proceedings to delist Audacy’s Class A Common Stock from the exchange due to Audacy’s stock reaching “an abnormally low selling price.” Trading of Audacy’s Class A Common Stock was halted on Tuesday (5/16) after the share price fell about 12% to $0.09 per share. Now, the NYSE will apply to the Securities and Exchange Commission toim delist the company’s common stock pending completion of applicable procedures. Trading of Audacy’s common stock on the NYSE is suspended but the common stock will continue to be able to be traded over the counter. Audacy says it intends to appeal this determination by the NYSE by filing a written request within 10 business days after receiving the notice. Audacy chairman, president and CEO David J. Field says, “Over the past few years, we have taken a number of transformational actions to give Audacy a leading, differentiated, and scaled position in the dynamic audio space, including podcasting, streaming audio, and our leadership presence across the country’s largest markets and our unrivaled strength in sports and news radio. While we are disappointed by the NYSE’s decision, we are hopeful we will find our way back to the exchange later this year as we execute our action plans which include a reverse stock split to satisfy NYSE rules, the continued execution of our liability management plans and working with our financial advisors to refinance our debt. Further, as macroeconomic conditions stabilize, we believe we will benefit from a general market recovery and will be able to capitalize on our investments in strategic transformation that position Audacy well for the future.”

Industry News

Round Two of April 2023 PPMs Released

imThe second of four rounds of ratings data from Nielsen Audio’s April 2023 PPM survey has been released for 12 markets including Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis. Nielsen’s April 2023 sweep covered March 30 – April 26. 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 adds two-tenths for a 4.2 share (weekly, 6+ AQH share) and stays in the #7 rank, while Hubbard Radio’s crosstown all-news WTOP-FM sheds four-tenths for an 8.6 share that keeps it locked in second place. iHeartMedia’s Boston news/talk WRKO loses half a share to finish with a 3.6 share that moves it to the #11 rank, while sister all-news WBZ-AM dips three-tenths for a 4.1 share finish and falls from #7 to #8. In the Twin Cities, Audacy’s news/talk WCCO-AM rises six-tenths to a 4.5 share that lifts it to the #11 rank, while iHeartMedia’s crosstown news/talk KTLK-AM dips eight-tenths to a 2.1 share and falls to the #17 rank, and Hubbard Radio’s talk KTMY-FM declines half a share to a 2.3 share good for the #16 rank in the market. See Mike Kinosian’s complete Ratings Takeaways here.

Industry News

Newsmax Beats CNN in May 12 Prime Time Ratings

Newsmax reveals that, according to Nielsen ratings for Friday, May 12, Newsmax TV was the third-highest rated cable news channel in prime time, beating CNN in every hour of prime time. Newsmax notes that the 8:00 pm ET show “Eric Bolling The Balance” won the hour with 467,000 impressions, beating CNN’s “Andersonim Cooper 360” with 447,000. The new 9:00 pm ET show “Chris Plante The Right Squad” pulled an audience of 325,000 impressions, defeating CNN’s “Whole Story” with 293,000. And at 10:00 pm ET “Greg Kelly Reports” took first place with 278,000 viewers, compared to Chris Wallace giving CNN an audience of just 263,000. Newsmax CEO Christopher Ruddy says, “Newsmax has witnessed a consistent, positive trend for weeks and we are looking forward to enormous interest in the network as we draw closer to the GOP primaries and ’24 election.”

Industry News

Larry Elder Fined by California’s Fair Political Practices Commission

According to a story in the Los Angeles Times, former Salem Radio Network host and current GOP presidential candidate Larry Elder was fined $2,000 for violating California’s Political Reform Act duringim the 2021 recall election. The story indicates that Elder “failed to disclose earnings from 10 entities on his statement of economic interest, including Salem Media, Epoch Times and Turning Point USA, according to the state election commission.” The commission found “no evidence of intent to conceal” and the financial disclosure documents have been corrected. Read the Times story here.

Industry News

Yesterday’s (5/16) Top News/Talk Media Stories

The U.S. economy, the debt ceiling negotiations, and concerns about a recession; special counsel John Durham’s highly critical report of the FBI’s Trump-Russia investigation; the wave of migrants seeking asylum at the U.S.-Mexico border; the abortion pill issue goes before the U.S. Court of Appeals in New Orleans; an IRS whistleblower says he and his team were removed from the Hunter Biden investigation on the DOJ’s orders; Tuesday’s senate hearing on Artificial Intelligence; Tuesday’s primary races in several cities; China threatens military action against Taiwan; and House Democrats move to expel George Santos from congress were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Ratings Takeaways

April 2023 PPM Ratings Takeaways – Part Two

imApril 2023 PPM Data – Information for the April 2023 sweep has been released for Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis.

Nielsen Audio’s April 2023 sweep covered March 30 – April 26.

TALKERS magazine managing editor Mike Kinosian provides “Takeaways” for spoken-word stations finishing in their respective markets’ top twenty.

Cited as well are each particular city’s #1 station (6+) and loftiest (6+) upticks and drop-offs.

All comparisons noted are March 2023 – April 2023 (6+).

WASHINGTON, DC

News/Talk: Cumulus Media’s WMAL “105.9 FM – Where Washington Comes To Talk” 4.0 – 4.2, +.2 remains in seventh place.

News: Hubbard Broadcasting-owned WTOP & WTLP “Washington’s Top News” 9.0 – 8.6, -.4, anchored in second-place

Sports Talk: Audacy’s WJFK-FM “106.7 The Fan” (Capitals, Nationals) 2.7 – 2.5, -.2, #13 to #15

Public Radio News/Talk: American University-owned WAMU 12.0 – 11.2, -.8, #1

Number One 6+: public radio news/talk WAMU, 17th month in succession, 12.0 – 11.2, -.8

Largest 6+ March 2023 – April 2023 Increase: classic hits-oldies WIAD (+.7)

Largest 6+ March 2023 – April 2023 Decrease: public radio news/talk WAMU and classical WETA (-.8) 

BOSTON

News/Talk: iHeartMedia’s WRKO “AM 680 The Voice Of Boston” 4.1 – 3.6, -.5, #9 to #11

News – Talk: iHeartMedia-owned WBZ-AM “News Radio 1030” 4.4 – 4.1, -.3, seventh to eighth

Sports Talk: Beasley Media Group’s WBZ-FM “98.5 The Sports Hub” (Celtics, Bruins) 8.1 – 8.7, +.6, #1

Audacy-owned WEEI-FM “93.7 Boston’s Sports Station” (Red Sox) 2.6 – 3.5, +.9, #15 to #12

Public Radio News/Talk: Boston University’s WBUR 4.7 – 4.5, -.2, repeats in fifth-place

WGBH Educational Foundation-owned WGBH 3.7 – 4.2, +.5, #12 to #7

Number One 6+: sports talk WBZ-FM, fourth consecutive month, 8.1 – 8.7, +.6

Largest 6+ March 2023 – April 2023 Increase: sports talk WEEI-FM (+.6)

Largest 6+ March 2023 – April 2023 Decrease: classic rock WZLX; country WKLB; news/talk WRKO; and hot AC WWBX (-.6)

MIAMI

News/Talk: None in the top twenty

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: Dade County School Board-owned WLRN 4.3 – 4.0, -.3, continues in seventh-place

Number One 6+: Cox Media Group urban AC WHQT, second straight month, 9.5 – 8.9, -.6

Largest 6+ March 2023 – April 2023 Increase: classic rock WBGG and CHR WFLC (+.5)

Largest 6+ March 2023 – April 2023 Decrease: urban AC WHQT and Spanish tropical WRTO (-.6)

SEATTLE

News/Talk: Bonneville-owned KIRO-FM “97.3 FM” 4.8 – 4.4, -.4, sixth to eighth

News: Lotus Communications’ KNWN-AM/FM “Northwest News Radio” 4.1 – 4.0, -.1, repeats in tenth-place

Sports Talk: Bonneville-owned KIRO-AM “710 AM ESPN Seattle” (Mariners) 3.1 – 4.7, +1.6, #14 to #7

iHeartMedia’s KJR-FM “93.3 FM Seattle’s Sports Leader” steady at 2.1, #21 to #19

Public Radio News/Talk: Northwest Public Radio’s KUOW 5.1 – 5.5, +.4, continues in fourth-place

Number One 6+: Audacy country KKWF, first month, 7.1 – 6.6, -.5

Largest 6+ March 2023 – April 2023 Increase: sports talk KIRO-AM (+1.6)

Largest 6+ March 2023 – April 2023 Decrease: classic hits-oldies KJEB (-1.3)

DETROIT

News/Talk: Cumulus Media’s WJR “News Talk 760 AM” 3.0 – 2.4, -.6, repeats at #14

News: Audacy-owned WWJ News Radio 950” (Pistons) 4.8 – 4.1, -.7, #9 to #12

Sports Talk: Audacy’s WXYT-FM “97.1 The Ticket” (Red Wings, Tigers) 6.2 – 7.4, +1.2, third to second

WXYT-FM’s internet stream 1.8 – 2.1, +.3, #20 to #18

Public Radio News/Talk: University of Michigan-owned WUOM 2.6 – 2.3, -.3, #16 to #15

Number One 6+: Beasley Media Group classic rock WCSX, first month, 6.5 – 7.5, +1.0

Largest 6+ March 2023 – April 2023 Increase: sports talk WXYT-FM (+1.2)

Largest 6+ March 2023 – April 2023 Decrease: CHR WKQI (-1.4)*

*Represents the largest March 2023 – April 2023 decrease (6+) of any station from these 12 PPM-markets

PHOENIX

News/Talk: iHeartMedia’s KFYI “News Talk 550” 3.0 – 2.5, -.5, #12 to #14

News: None in the top twenty

Sports Talk: Bonneville’s KMVP-FM “98.7 Arizona’s Sports Station” (Sun, Arizona Diamondbacks) 2.3 – 2.4, +.1, #19 to #16

Public Radio News/Talk: Maricopa County Community College-owned KJZZ 6.4 – 6.1, -.3, repeats in third-place

Number One 6+: iHeartMedia adult contemporary KESZ, first month, 7.3 – 8.1, +.8

Largest 6+ March 2023 – April 2023 Increase: classic hits-oldies KOAI (+1.8)

Largest 6+ March 2023 – April 2023 Decrease: news/talk KTAR-FM (-.7)

MINNEAPOLIS

News/Talk: Audacy’s WCCO “News Talk 830” (Minnesota Timberwolves, Minnesota Twins) 3.9 – 4.5, +.6, #12 to #11

Hubbard Broadcasting-owned KTMY “My Talk 107.1” 2.8 – 2.3, -.5, #15 to #16

iHeartMedia’s KTLK-AM “Twin Cities News Talk AM 1130” 2.9 – 2.1, -.8, #14 to #17

News: None in the top twenty

Sports Talk: iHeartMedia-owned KFXN “FM 100.3 K-Fan” (Minnesota Wild) 6.1 – 6.4, +.3, sixth to fourth

Public Radio News/Talk: Minnesota Public Radio’s KNOW 6.7 – 6.4, -.3, third to fourth

Number One 6+: Northwestern Media contemporary Christian KTIS-FM, first month, 6.2 – 8.5, +2.3

Largest 6+ March 2023 – April 2023 Increase: contemporary Christian KTIS-FM (+2.3)**

Largest 6+ March 2023 – April 2023 Decrease: hot AC KSTP-FM (-1.0)

**Represents a tie for the largest March 2023 – April 2023 increase (6+) of any station from these 12 PPM-markets

SAN DIEGO

News/Talk: iHeartMedia’s KOGO “News Radio 600” 5.1 – 5.4, +.3, fourth to fifth

News: None in the top twenty

Sports Talk: Audacy-owned KWFN “97.3 The Fan” (Padres), 2.6 – 4.9, +2.3, #15 to #6

Public Radio News/Talk: San Diego State University’s KPBS 6.3 – 6.5, +.2, anchored at #2

Number One 6+: Audacy classic hits-oldies KXSN, third successive month, 7.3 – 6.7, -.6

Largest 6+ March 2023 – April 2023 Increase: sports talk KWFN (+2.3)**

Largest 6+ March 2023 – April 2023 Decrease: CHR KHTS (-1.2)

**Represents a tie for the largest March 2023 – April 2023 increase (6+) of any station from these 12 PPM-markets  

TAMPA

News/Talk: Cox Media Group’s WHPT “102.5 The Bone – Real, Raw, Radio” (Lightning) 4.6 – 5.3, +.7, eighth to seventh

iHeartMedia-owned WFLA “News Radio 970” steady at 2.3, #18 to #17

News: None in the top twenty

Sports Talk: iHeartMedia-owned WDAE “Tampa Bay’s Sports Radio” (Rays) 1.3 – 2.1, +.8, #19 to #18

Public Radio News/Talk: University of South Florida’s WUSF 3.0 – 3.1, +.1, repeats at #12

Number One 6+: Cox Media Group adult contemporary WDUV, 21th month in a row, 9.0 – 9.1, +.1

Largest 6+ March 2023 – April 2023 Increase: contemporary Christian WCIE (+.9)

Largest 6+ March 2023 – April 2023 Decrease: hot AC WMTX and adult contemporary WDUV’s internet stream (-.7)

DENVER

News/Talk: iHeartMedia’s KOA “News Radio 850” (Colorado Rockies) 2.4 – 3.0, +.6, #17 to #14

KOA cluster-mate KHOW “Talk Radio 630” 2.3 – 2.2, -.1, locked at #18

News: None in the top twenty

Sports Talk: Bonneville’s KKFN “104.3 The Fan” (Nuggets) 3.5 – 3.4, -.1, #12 to #11

KSE Radio Ventures’ KKSE-FM “Altitude Sports Radio 92.5” 1.6 – 1.9, +.3, #21 to #19

Public Radio News/Talk: Colorado Public Radio-owned KCFR 4.3 – 4.5, +.2, eighth to tenth

Number One 6+: Audacy classic rock KQMT, first month, 4.6 – 5.7, +1.1

Largest 6+ March 2023 – April 2023 Increase: classic rock KQMT (+1.1)

Largest 6+ March 2023 – April 2023 Decrease: country KYGO (-1.3)

BALTIMORE

News/Talk: Hearst Television’s WBAL “News Radio 1090 AM & 101.5 FM” (Orioles) 3.4 – 3.3, -.1, repeats at #12

WCBM Maryland-owned WCBM “Talk Radio AM 680” 2.0 – 1.9, -.1, #17 to #16

News: Audacy-owned business news WDCH “Bloomberg 99.1 FM” .9 – 1.2, +.3, #20 to #19

Hubbard Broadcasting’s WTOP & WTLP “Washington’s Top News” flat at 1.1, #19 to #20

Sports Talk: Audacy’s WJZ-FM “Baltimore Sports Radio 105.7 The Fan” 5.5 – 4.7, -.8, fifth to seventh

Public Radio News/Talk: Your Public Radio Corporation-owned WYPR 3.9 – 4.1, +.2, steady in tenth-place

Number One 6+: Audacy adult contemporary WLIF, first month, 7.3 – 8.4, +1.1

Largest 6+ March 2023 – April 2023 Increase: rock WIYY (+2.0)

Largest 6+ March 2023 – April 2023 Decrease: adult hits WQSR (-1.1)

ST. LOUIS

News/Talk: Audacy’s KMOX “The Voice Of St. Louis” (Cardinals) 4.9 – 7.0, +2.1, tenth to fifth

KMOX cluster-mate KFTK “Talk 97.1 FM” 2.1 – 2.2, +.1, repeats at #16

iHeartMedia-owned KTLK-FM “104.9 The Patriot” steady at .9, #20 to #19

News: None in the top twenty

Sports Talk: Hubbard Broadcasting’s WXOS “101 ESPN” (Blues) 3.0 – 2.6, -.4, #13 to #14

Public Radio News/Talk: University of Missouri-owned KWMU 3.8 – 3.6, -.2, anchored at #11

Number One 6+: Hubbard Broadcasting adult hits WARH, fourth month in succession, 10.6 – 9.7, -.9

Largest 6+ March 2023 – April 2023 Increase: news/talk KMOX (+2.1)

Largest 6+ March 2023 – April 2023 Decrease: adult contemporary KEZK (-1.1)

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

 Email Mike Kinosian at Mike.Kinosian@gmail.com

Industry News

Round One of April 2023 PPMs Released

imThe first of four rounds of ratings data from Nielsen Audio’s April 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); Riverside-San Bernardino-Ontario, San Jose, and Middlesex-Somerset-Union (New Jersey). Nielsen’s April 2023 sweep covered March 30 – April 26. Today, TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In New York, Red Apple Media’s news/talk WABC is steady with a 3.7 share (weekly, 6+ AQH share) but falls one spot to the #10 rank, while iHeartMedia’s crosstown news/talk WOR stays put with a 1.9 share and remains ranked #18. iHeartMedia’s news/talk KFI, Los Angeles adds two-tenths for a 4.3 share finish and rises to the #4 rank. In San Francisco, Audacy’s all-news KCBS-AM/KFRC-FM falls seven-tenths to a 7.3 share but remains ranked #1 in the market, while Cumulus Media’s crosstown news/talk KSFO rises half a share to a 1.8 share that lifts it to the #19 rank. Cox Media Group’s news/talk WSB-AM/WSBB-FM, Atlanta tacks on four-tenths for a 7.0 share finish and remains ranked #3 in the market. See Mike Kinosian’s complete Ratings Takeaways from this group of markets here.

Industry Views

Premature Ejection

By Michael Harrison
TALKERS
Publisher

imThere are media and there are media. There are platforms and there are platforms. Not all cultural artifacts are equal in terms of their utilitarian versus cultural value. Damn the tone-deaf corporate bean counters who are ripping the heart out of the spirit that gives humanity its life force! Marketplace obsolescence should not solely be determined by profit and loss. With all due respect to the idea of public service, what about the concept of loyalty? Shame on the automobile industry! Not only is it turning its back on the needs of millions of people, it is in the process of betraying one of its historic partners in not only commerce – but romance and glory. In other words, the automobile industry owes the radio industry a huge debt. The relationship between cars and radios goes a century deep and has been nothing less than a two-way street. Yes, auto industry, don’t be so hasty to save a few bucks by rushing AM (and then FM) radio out the door. You might just find in the long run that “radio” outlasts the private “car” as a fixture of human activity.

A radio is not a cassette, CD, or 8-track player. A radio is a magic box that embodies a century of culture during which it spun the idea that taking a car ride is a lot more soulful than spending time getting from point A to B via the subway, bus, or plane. The car has been the perfect radio-listening chamber and radio has returned the favor in spades with its music and DJs glorifying everything from little deuce coups to Cadillacs to the T-Bird that daddy took away – not to mention bolstering the ubiquitous culture of automobiles with traffic reports, news, weather, and endless references to this particular form of transportation as being a key component of what it is to be a member of society. Radio has provided the car biz with a century long, non-stop free or generously bonused commercial!

From a purely economic position of self-interest and greed, it is understandable why car manufacturers might consider AM radios expendable and are eager to toss them out like the aforementioned obsolete devices of music conveyance.  So, what if millions of people still listen to it and DEPEND on it for free speech, religious expression, ethnic connection, demographic habit and public safety. Couldn’t the car manufacturers wait another decade before turning its back on such an important – and still vital – relationship?

Hey auto industry, be careful what you’re doing. You’re severely mistaken if you think your poop doesn’t stink and your place in our rapidly changing society is guaranteed. You might find rolling along in this brave new world without radio turns out to be a very dangerous road.

Michael Harrison is the publisher of TALKERS and can be reached via email at michael@talkers.com. Meet Michael Harrison at TALKERS 2023 on Friday, June 2 at Hofstra University.

Industry News

Yesterday’s (5/15) Top News/Talk Media Stories

Special counsel John Durham’s highly critical report of the FBI’s Trump-Russia investigation; the negotiations between congressional leaders and the White House over the debt ceiling; migrants amassed at the U.S.-Mexico border and the Biden administration’s immigration policy; a teenage shooter in New Mexico kills three and wounds six; baseball bat attack on U.S. Rep. Gerald Connolly’s staffers; OpenAI CEO Sam Altman to testify before congress today (5/16) on artificial intelligence; Turkey’s presidential election goes to a runoff; the Russian-Ukraine war; and Martha Stewart among Sports Illustrated cover models were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Ratings Takeaways

April 2023 PPM Ratings Takeaways – Part One

imApril 2023 PPM Data – Information for the April 2023 ratings period has been released for New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island); Riverside-San Bernardino-Ontario, San Jose, and Middlesex-Somerset-Union (New Jersey).

Nielsen Audio’s April 2023 sweep covered March 30 – April 26.

TALKERS magazine managing editor Mike Kinosian provides “Takeaways” for spoken-word stations finishing in their respective markets’ top twenty.

Cited as well are each particular city’s #1 station (6+) and loftiest (6+) upticks and drop-offs.

All comparisons noted are March 2023 – April 2023   (6+).

NEW YORK

News/Talk: Red Apple Media’s WABC-AM & WLIR-FM “77 Talk Radio” flat at 3.7, ninth to tenth

iHeartMedia-owned WOR “710 – The Voice of New York” steady at 1.9, repeats at #18

News: Audacy’s WINS-FM “1010 WINS All News 92.3 FM” 5.0 – 4.5, -.5, sixth to seventh

WINS-FM cluster-mate WCBS-AM “News Radio 880” (Mets) 2.4 – 2.9, +.5, #15 to #13

Sports Talk: Audacy-owned WFAN-FM & WFAN-AM “Sports Radio 101.9 FM & 66 AM” (Brooklyn Nets, Yankees) 2.9 – 3.2, +.3, anchored at #12

Good Karma Brands’ WEPN-FM “98.7 ESPN New York” (Knicks, Rangers, Islanders) unchanged at 1.3, #22 to #20

Public Radio News/Talk: WNYC Broadcasting Foundation’s WNYC-FM 3.5 – 3.8, +.3, tenth to ninth

Number One 6+: iHeartMedia adult contemporary WLTW, sixth month in a row, steady at 7.6

Largest 6+ March 2023 – April 2023 Increase: urban AC WBLS (+.6)

Largest 6+ March 2023 – April 2023 Decrease: Spanish tropical WSKQ (-1.0)

LOS ANGELES

News/Talk: iHeartMedia’s KFI “AM 640” 4.1 – 4.3, +.2, fifth to fourth

News: Audacy-owned KNX-FM “News 97.1” 3.3 – 2.9, -.4, #10 to #11

Sports Talk: None in the top twenty

Public Radio News/Talk: Pasadena Area Community College’s KPCC 2.2 – 2.4, +.2, #17 to #16

Number One 6+: Audacy classic hits-oldies KRTH, second month in succession, 5.8 – 5.7, -.1

Largest 6+ March 2023 – April 2023 Increase: adult hits KCBS-FM (+.5)

Largest 6+ March 2023 – April 2023 Decrease: CHR KIIS (-.6)

CHICAGO

News/Talk: Nexstar Media Group’s WGN “Radio 720” (Blackhawks) 3.4 – 3.2, -.2, ninth to tenth

News: Audacy-owned WBBM-AM & WCFS “News Radio 780 AM & 105.9 FM” 4.8 – 4.4, -.4, anchored in fourth-place

Sports Talk: Audacy’s WSCR “670 The Score” (Bulls, Cubs) 2.5 – 3.1, +.6, #14 to #12

Public Radio News/Talk: Chicago Public Media-owned WBEZ 3.4 – 3.1, -.3, #9 to #12  

Number One 6+: iHeartMedia adult contemporary WLIT, seventh straight month, 6.7 – 6.8, +.1

Largest 6+ March 2023 – April 2023 Increase: classic rock WDRV (+.9)

Largest 6+ March 2023 – April 2023 Decrease: news/talk WBBM-AM & WCFS and regional Mexican WLEY (-.4)

SAN FRANCISCO

News/Talk: Cumulus Media-owned KSFO “Talk Radio 560” 1.3 – 1.8, +.5, #22 to #19

News: Audacy’s KCBS-AM & KFRC “All News 740 AM & 106.9 FM” 8.0 – 7.3, -.7, #1

Sports Talk: Cumulus Media-owned KNBR “The Sports Leader” (Giants) 2.1 – 3.3, +1.2, #15 to #9

Audacy’s KGMZ “95.7 The Game” (Golden State Warriors) 2.2 – 2.7, +.5, #14 to #13

Public Radio News/Talk: KQED, Inc.-owned KQED 5.3 – 5.2, -.1, remains in fourth-place

Number One 6+: Bonneville adult contemporary KOIT-FM, first month, 7.2 – 7.3, +.1 and news KCBS-AM & KFRC, second month in a row, 8.0 – 7.3, -.7

Largest 6+ March 2023 – April 2023 Increase: sports talk KNBR (+1.2)

Largest 6+ March 2023 – April 2023 Decrease: news KCBS-AM & KFRC and classical KDFC (-.7)

DALLAS

News/Talk: Cumulus Media-owned WBAP “News Talk 820 AM & 99.5 HD2 FM” 3.4 – 3.2, -.2, #12 to #13

News – Talk: Audacy’s KRLD-AM “News Radio 1080” 2.3 – 2.1, -.2, #18 to #20

Sports Talk: Cumulus Media-owned KTCK “Sports Radio The Ticket” (Stars) steady at 5.6, #1

Audacy’s KRLD-FM “105.3 The Fan” (Texas Rangers) 2.3 – 3.0, +.7, #18 to #14

Public Radio News/Talk: North Texas Public Broadcasting-owned KERA 2.7 – 2.2, -.5, #16 to #19

Number One 6+: Cumulus Media sports talk KTCK, fourth straight month, flat at 5.6

Largest 6+ March 2023 – April 2023 Increase: sports talk KRLD-FM and alternative KVIL (+.7)

Largest 6+ March 2023 – April 2023 Decrease: regional Mexican KMVK and public radio news/talk KERA (-.5)

HOUSTON

News/Talk: iHeartMedia’s KTRH “AM 740 News Radio” (Astros) unchanged at 3.7, #12 to #10

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: University of Houston’s KUHF 2.6 – 2.8, +.2, #17 to #15

Number One 6+: iHeartMedia adult contemporary KODA, 26th consecutive month, 9.0 – 8.9, -.1

Largest 6+ March 2023 – April 2023 Increase: hot AC KHMX (+1.0)

Largest 6+ March 2023 – April 2023 Decrease: Spanish adult hits KOVE (-1.4)

ATLANTA

News/Talk: Cox Media Group-owned WSB-AM & WSBB “Atlanta’s News & Talk” 6.6 – 7.0, +.4, anchored in third-place

News: None in the top twenty

Sports Talk: Dickey Broadcasting-owned WCNN “The Fan” (Braves) 1.3 – 2.6, +1.3, #21 to #16

Audacy’s WZGC “92.9 The Game” (Hawks) 2.4 – 2.5, +.1, #17 to #18

Public Radio News/Talk: Atlanta Public Schools-owned WABE 3.6 – 3.4, -.2, #9 to #11

Number One 6+: Cox Media Group classic hits-oldies WSRV, fourth successive month, 8.3 – 8.9, +.6

Largest 6+ March 2023 – April 2023 Increase: sports talk WCNN (+1.3)

Largest 6+ March 2023 – April 2023 Decrease: urban contemporary WHTA (-1.7)*

*Represents the largest March 2023 – April 2023 decrease (6+) of any station from these 12 PPM-markets

PHILADELPHIA

News/Talk: None in the top twenty

News: Audacy-owned KYW & WPHI “News Radio 1060 AM & 103.9 FM” 6.2 – 5.5, -.7, third to seventh

Sports Talk: Audacy’s WIP “Sports Radio 94” (Phillies) 4.7 – 5.9, +1.2, eighth to sixth

Beasley Media Group-owned WPEN-FM “97.5 The Fanatic” (76ers, Flyers) flat at 1.4, stays at #20

Public Radio News/Talk: WHYY-owned WHYY 5.4 – 4.9, -.5, seventh to ninth

Number One 6+: iHeartMedia urban AC WDAS-FM, third month in a row, 7.2 – 7.7, +.5

Largest 6+ March 2023 – April 2023 Increase: sports talk WIP (+1.2)

Largest 6+ March 2023 – April 2023 Decrease: news KYW & WPHI (-.7)

LONG ISLAND

News/Talk: iHeartMedia-owned WOR “710 – The Voice of New York” 2.1 – 2.2, +.1, #16 to #15

Red Apple Media-owned WABC-AM & WLIR-FM “77 Talk Radio” 1.3 – 1.8, +.5, #22 to #19

News: Audacy’s WCBS-AM “News Radio 880” (Mets) 3.5 – 3.8, +.3, ninth to seventh

WCBS-AM cluster-mate WINS-FM “1010 WINS All News 92.3 FM” 3.7 – 3.3, -.4, eighth to tenth

Sports Talk: Audacy-owned WFAN-FM & WFAN-AM “Sports Radio 101.9 FM & 66 AM” (Brooklyn Nets, Yankees) 4.4 – 4.6, +.2, sixth to fifth

WFAN’s internet stream .4 – .6, +.2, #21 to #20

Public Radio News/Talk: None in the top twenty

Number One 6+: Cox Media Group classic rock WBAB, second month in a row, 6.0 – 7.0, +1.0

Largest 6+ March 2023 – April 2023 Increase: classic rock WBAB (+1.0)

Largest 6+ March 2023 – April 2023 Decrease: classic hits-oldies WCBS-FM (-.5)

RIVERSIDE

News/Talk: None in the top twenty

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: San Bernardino Community College District’s KVCR, flat at .3, repeats at #19

Number One 6+: Anaheim Broadcasting classic hits-oldies KOLA, first month, 6.1 – 5.7, -.4

Largest 6+ March 2023 – April 2023 Increase: rhythmic CHR KGGI (+1.1)

Largest 6+ March 2023 – April 2023 Decrease: regional Mexican KSCA (-1.2)

SAN JOSE

News/Talk: Cumulus Media-owned KSFO “Talk Radio 560” 1.5 – 1.7, +.2, #18 to #20

News: Audacy’s KCBS-AM & KFRC “All News 740 AM & 106.9 FM” 6.3 – 6.2, -.1, #1

Sports Talk: Cumulus Media-owned KNBR “The Sports Leader” (Giants) 2.6 – 4.4, +1.8, #14 to #6

Audacy’s KGMZ “95.7 The Game” (Golden State Warriors) 1.4 – 1.9, +.5, #21 to #18

Public Radio News/Talk: None in the top twenty

Number One 6+: news KCBS-AM & KFRC, second month, 6.3 – 6.2, -.1

Largest 6+ March 2023 – April 2023 Increase: sports talk KNBR (+1.8)**

Largest 6+ March 2023 – April 2023 Decrease: 1980s hits KOSF (-1.3)

**Represents the largest March 2023 – April 2023 increase (6+) of any station from these 12 PPM-markets

MIDDLESEX

News/Talk: Townsquare Media-owned WKXW “New Jersey 101.5” 6.5 – 7.1, +.6, second to first 

iHeartMedia-owned WOR “710 – The Voice of New York” 1.0 – 1.3, +.3, repeats at #20

News: Audacy’s WINS-FM “1010 WINS All News 92.3 FM” 2.3 – 2.0, -.3, #9 to #13

WINS-FM cluster-mate WCBS-AM “News Radio 880” (Mets) 1.6 – 1.7, +.1, #14 to #16

Sports Talk: Audacy-owned WFAN-FM & WFAN-AM “Sports Radio 101.9 FM & 66 AM” (Brooklyn Nets, Yankees) 3.8, #9 (non-subscriber in March 2023)

Good Karma’s WEPN-FM “98.7 ESPN New York” (Knicks, Rangers, Islanders) 1.1 – 1.6, +.5, #17 to #18

Public Radio News/Talk: None in the top twenty

Number One 6+: news/talk WKXW, first month, 6.5 – 7.1, +.6

Largest 6+ March 2023 – April 2023 Increase: hot AC WNEW-FM (+.8)

Largest 6+ March 2023 – April 2023 Decrease: adult contemporary WMGQ (-1.1)

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

Email Mike Kinosian at Mike.Kinosian@gmail.com.

Industry Views

Pending Business: Obstacles to Sales Productivity

By Steve Lapa
Lapcom Communications Corp
President

imWhat will hurt your chances of sales success more, graduating from a low-ranked college or attending too many inefficient sales meetings?

Not exactly a trick question, but enough to make you stop and think.

Remember when having a top-tier college degree was all that mattered? A recent article in the L.A.Times recalled the classic 1999 study that proved where you received your college degree really didn’t affect your career, except for maybe the networking part, maybe not. The bottom line is you don’t need a degree from Harvard to earn a respectable income as a top seller or manager in the media industry.

On the other hand, attend or lead too many inefficient sales meetings and the result may be a career killer.

The recently released 2023 Microsoft Work Trend Report is a wakeup call for every seller and manager in any business, especially ours. The top five “Obstacles to Productivity” in the report read like a what-not-to-do if you are a leader or hope to lead a sales team in the future. There are even a few warning signs if you are a team member struggling to cope with rudderless sales meetings. Let’s review some takeaways from the report and learn how to right the ship before you take on too much water.

— Goals. Every meeting should have clear, simple, actionable goals presented in an easy-to-understand form. The seller should know exactly what action points to implement to improve performance. Can you check the box?

— Perspired or inspired? Every week I talk to a seller working for one of the larger broadcast groups who feels the ready, fire, aim of product overload. Many radio station sellers can sell anything in any market that belongs to the company represented. Would a sales rep at Home Depot in Florida sell you a snow shovel with the same expertise as a rep in Buffalo? How come the biggest companies in the radio business barely surviving on the NYSE don’t learn from the companies that sell at almost $300 a share.

— Soft sales = more meetings. Seriously? In the age of Zoom, Teams, etc. the 2023 Microsoft Work Trend Report still identified “Too many meetings” as one of the top 5 obstacles to productivity. Can we all just hit the pause button on old-school command and control meeting overload? There is a difference between re-skilling and repeating old material. There is a difference between re-strategizing and re-selling a rejected concept.

The AM radio business is in the emergency room in desperate need of a fresh approach to sales. FM radio could be next. Are you looking forward to your next sales meeting?

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. Steve Lapa will be moderating the “Generating Revenue” panel at TALKERS 2023 on Friday, June 2 at Hofstra University.

Industry Views

Attracting Younger Demos

By Walter Sabo
Consultant, Sabo Media
A.K.A. Walter Sterling
Radio Host, Sterling on Sunday

Reaching younger listeners requires a combination of topics, pacing, and production values. As a consultant, when launching talk stations the client had an opportunity to identify the target demo.  Based on their target, the station was built to own that demo.  To attract a specific target, they followed these steps:

— Identify the target listener: sex, age, preferences and which stations are they currently listening to?

— Commit to attract the specific listener 24/7. A music station can’t win if it plays Taylor Swift in the morning and Pavarotti at night. Consistency of all format elements delivers a consistent audience profile.

— Topics. From experience, younger listeners have no time for theoretical discussions of politics or the contents of the op-ed page. Any op-ed page. Topics must be based on urgent, current eye-level aspects of a younger person’s life in order to attract them to a radio show. On “Sterling On Sunday” I mentioned that my 14-year-old daughter was going into the slime business. That was followed by 10 lines lit of 30-year-old fathers who were coaching their 14-year-olds on managing a – slime business!

Respect that whatever topic the target listener cares about is an important, serious topic. 

— Production. The competition for younger listeners are music stations. The production on your station should be as good or better than any music station. That means, no stale promos, they have to be freshened every day, or every hour.

— Pace. Match the pace of the life of your target listener. If you want to reach a 30-year-old (and you can), remember that they have to drop off the kids at school, get milk, take the back way to get to work on time and make that call to the dentist – all between a given moment and your next weather report. Kudos to Bill Wills morning host on WTAM, Cleveland who delivers a fast-fast-paced show – worth a listen.

When taking phone calls, screen them for age. Let the caller say one thing and then bye. The more calls you take the more calls you’ll get. The shorter the calls, the younger the callers will be. And PLEASE do not thank callers for “holding on.”

Walter Sabo was the youngest Executive Vice President in the history of NBC. The youngest VP in the history of ABC. He was a consultant to RKO General longer than Bill Drake. Walter was the in house consultant to Sirius for eight years. He has never written a resume. Contact him at walter@sabomedia.com. or mobile 646-678-1110. Hear Walter Sterling at www.waltersterlingshow.comMeet Walter Sabo at TALKERS 2023 on Friday, June 2.

Industry News

Our American Stories Offers Memorial Day Special

America Private Radio’s “Our American Stories” is again offering a Memorial Day tribute special to stations to air during the upcoming Memorial Day Weekend. The three-hour program will feature a Gold Star father’s storyim of his son who gave his life in Afghanistan trying to save a fellow soldier, an event that became the inspiration for the popular country song, “I Drive Your Truck,” plus the story of the USS Indianapolis, America’s worst naval disaster. Also, host Lee Habeeb shares a personal story of his uncle who was killed by Nazis after D-Day. The program is available on a market-exclusive basis with barter. The show is available via FTP delivery. “Our American Stories” is distributed by Premiere Networks and is heard in over 310 radio markets across the U.S. For more information contact: 855-276-8020 or affiliates@ouramericanstories.com or LGay@PremiereNetworks.com

Industry News

Premiere Networks Personalities Named to BWIR’s Inaugural 30

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Black Women In Radio (BWIR), an organization committed to the historical preservation of America’s Black female broadcasters and their contributions to Black radio culture and digital media, revealed its Black Women in Radio Historic Collection and Oral History Project with the distinguished “Inaugural 30,” highlighting the impactful careers of 39 radio professionals, including Premiere Networks personalities Angela Yee, host of “Way Up with Angela Yee,” Shirley Strawberry, co-host of “The Steve Harvey Morning Show,” and Carla Ferrell, program director/co-host of “The Steve Harvey Morning Show” and program director of “The Sweat Hotel with Keith Sweat.” BWIR revealed the collection and “The Inaugural 30” during the Radio Preservation Task Force Conference April 27-29, 2023 at the Library of Congress on Capitol Hill in Washington, D.C.  During the conference, attendees including Carla Ferrell met with Karine Jean-Pierre, the first Black woman to serve as White House Press Secretary, and White House Public Engagement Director Steve Benjamin. The “Inaugural 30” are pictured above with Jean-Pierre (at center).

Industry News

Top News/Talk Stories for Week of May 8-12

The migrant problem at the U.S.-Mexico border was the most-talked-about story in news/talk media this week, landing atop the Talkers TenTM. At #2 this week was former President Donald Trump’s legal battles and his CNN Town Hall appearance, followed by the debate in Washington over expanding the debt ceiling to allow the U.S. to borrow more 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 magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Industry News

IAB: 2022 Podcast Revenue Rises 26%

At this year’s IAB Podcast Upfront, the IAB released the results of its U.S. Podcast Advertising 2022 Revenue & 2023-2025 Growth Projections study and concludes that “podcasting continues to be one of the fastest growing digital channels, growing two times faster than digital advertising overall.” The report, byim PricewaterhouseCoopers LLP, “quantifies annual podcast advertising revenues generated over the past year, analyzes revenue share by ad category and content genre, and forecasts future revenues through 2025.” The study says the top revenue-generating content genres are Sports (15%), Society & Culture (14%), and Comedy (14%) and have taken the lead from News and Political Opinion content (down from 19% to 12%). IAB VP, media center Eric John says, “In-person sports, lifestyle events, and in-store shopping have come back in a big way, taking the lead from news which held the top revenue genre spot since 2018. Podcasting revenue naturally reflects that shift in consumer behavior and it will be interesting to watch how the balance changes going forward.” He adds, “Both mass and niche advertisers like the audiences, targeting, and ROI along with the brand-safe and suitable environments that podcasting offers.” See the complete report here.

Industry News

Audacy: Writers Guild Strike is Opportunity for Audio

Audacy SVP of research and insights Idil Cakim says in a blog post, “For the foreseeable future, some 24 million “Late Night Show” viewers will not be able to watch any new episodes – and that’s no joke.” She saysim this drives people to look for alternative forms of entertainment, and an Audacy study reveals that a “majority of late-night viewers (84%) whose shows are on pause due to the Writers Guild strike are excited to try new shows, especially on Audio. And a whopping 70% are excited to catch up on their podcast shows.” She adds that for media planners this represents an opportunity to “pivot.” “Given the scale and variety of audiences Audio programs attract, it is possible to meet these people during moments when they are actually super engaged and receptive to advertising.” Read the post here.

Industry News

Urban One Unable to File First Quarter Operating Results

Urban One files a notification of late filing with the Securities Exchange Commission explaining the reason it has not filed its 2022 year-end 10-K (and other forms), as well as its first quarter 2023 10-K. The company says, “On April 7, 2023, Urban One, Inc. (the “Company”) announced that in connection with the preparation of its financial statements for the year ended December 31, 2022, the Company’s management, in consultationim with its independent registered public accounting firm, re-evaluated the Company’s accounting for the valuation of its investment interest in MGM National Harbor (the “MGM Interest”), which the Company sold for cash proceeds of approximately $136.8 million on April 21, 2023. After further review of the Company’s accounting for its MGM Interest, it was determined that adjustments are required to the Company’s financial statements as of January 1, 2021 and for each of the annual and interim periods ended December 31, 2021 and September 30, 2022 (the “Affected Periods”), due to understatements in the value of the MGM Interest… The Company’s management concluded that in light of the error described above, a material weakness exists in the Company’s internal control over financial reporting for the Affected Periods. The Company’s remediation plan with respect to such material weakness will be described in more detail in the 2022 Form 10-K. Due to the Company’s continued efforts in connection with the Restatement, preparation of the 2022 Form10-K and continued assessment of its internal controls, the Company is not able to finalize the financial statements and related information for inclusion in its quarterly report on Form 10-Q for the quarter ended March 31, 2023 (“2023 Q1 Form 10-Q”). Accordingly, the Company is unable to file its 2023 Q1 Form 10-Q within the prescribed time period.”

Industry News

Yesterday’s (5/10) Top News/Talk Media Stories

New York Congressman George Santos pleads not guilty to federal charges of wire fraud, money laundering, theft of public funds and lying on House financial forms; the legal battles facing former President Donald Trump and his CNN Town Hall; the large number of asylum-seeking migrants at the U.S.-Mexico border as Title 42 expires; the debt ceiling negotiations between President Joe Biden and congressional leaders; Tucker Carlson’s planned return via Twitter; House Oversight chair James Comer’s investigation in to Biden family finances; and the ongoing Russia-Ukraine war were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

Audacy First Quarter Revenue Falls 5.7%

The company reports net revenue for the first quarter of 2023 was $259.6 million, a decrease of 5.7% over Q1 of 2022. Audacy reports that total operating expenses increased 1.9% and it is reporting an operating loss of $12.2 million compared to the operating income of $8.5 million it reported in the first quarter of 2022. Theim company posts a Q1 2023 net loss of $35.9 million, an increase of 225% compared to Q1 of 2022. Audacy chairman, president and CEO David J. Field states, “First quarter revenues were down 5.7% with local sales significantly outperforming national as challenging ad market conditions persisted. Cash operating expenses were up 3% during the quarter but are expected to be below prior-year levels for the remainder of 2023. Notwithstanding the difficult economic headwinds, we remain steadfastly focused on delivering significantly higher future levels of Adjusted EBITDA, capitalizing on our multiple growth drivers and our differentiated premium competitive position in the dynamic audio market. We are making progress on each of our drivers, including our podcasting and digital marketing solutions businesses, our reinvented streaming audio platform, our emerging ad tech and ad products, and our enhanced national enterprise business development efforts. In addition, we are encouraged to see some positive signs in our auto business as we continue our vigorous work to weather the storm and await future improvements in market conditions.”

Industry News

Townsquare Media Q1 Revenue Rises 3%

Releasing its operating results for the first quarter of 2023, Townsquare Media reports net revenue of $103 million, an increase of 3% over the same period in 2022. The company reports in three segments – Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The company says Digital Advertising revenue was $33.7 million (an increase of 15.4% over the same period in 2022), whileim Broadcast Advertising revenue was $45.9 million (down 4.8% over Q1 of 2022), and Subscription Digital Marketing Solutions revenue was $21.5 million (down 1.3% over Q1 of 2022). Townsquare Media CEO Bill Wilson says, “I am pleased to share that Townsquare’s first quarter results exceeded our previously issued guidance for both net revenue and Adjusted EBITDA, due primarily to the continued strength of our digital and local advertising platform and solutions… In the first quarter, we grew cash flow from operations to $9 million, due to the strong cash generation of many of our assets, and opportunistically repurchased more than $12 million of our Unsecured Senior Notes at a discount. We ended the quarter with a strong cash balance of $42 million and maintained our all-time low net leverage multiple of 4.29x. Our growth engine has been and will continue to be our digital solutions. We believe that our Digital First business model and strategy position us to navigate the current macro-economic environment better than most, and that our revenue, profit and cash flow results will be among the best in the local media industry, particularly when compared to 2019 pre-COVID financials given our growth in revenue and profit since 2019. Our confidence is directly tied to the Townsquare team’s efforts and talent, as well as our large, growing, and profitable digital platform which contributes more than half of Townsquare’s total net revenue and profit.”

Industry News

Salem Media Group First Quarter Revenue Up 1.4%

Salem Media Group reports its operating results for the first quarter of 2023 and reveals consolidated revenue was $63.5 million, an increase of 1.4% over the first quarter of 2022. The company’s total operating expensesim increased 17.4% to $67.7 million leading to an operating loss of $4.2 million as compared to operating income of $5 million posted in Q1 of 2022. Salem reports a net loss of $5.2 million, compared to Q1 2022’s net income of $1.7 million. Salem reports in three segments – Broadcast, Digital Media, and Publishing. Broadcast revenue for the quarter was $48.3 million (down 0.2%), Digital Media was $10.5 million (up 2%), and Publishing revenue was $4.6 million (up 19.7%). Looking ahead, the company is projecting total revenue to decline between 5% and 7% from the second quarter 2022 total revenue of $68.7 million and expects operating expenses to increase between 3% and 6% compared to Q2 of 2022.

Industry News

TALKERS 2023 Conference Nearing Advance Sellout

The 26th annual installment of the talk media industry’s longest running and most important gathering set for Friday, June 2 at Hofstra University on Long Island is nearing an advance sellout. Conference organizers estimate it will reach that point at any time within the next two weeks. Thus 5:00 pm ET on Tuesday, May 23 has been set as the absolute cutoff point – although it could reach the limit any time before that. According to TALKERS VP/executive editor Kevin Casey, “Industry professionals who have attended the TALKERS conference in the past enjoy it and find it to be a valuable experience for a number of reasons beyond the remarkable quality of the speakers and pertinence of the agenda. They appreciate the intimacy of the environment and outstanding ‘who’s who’ in talk media makeup of their fellow attendees. We work very diligently to keep this event within those parameters. Thus, it is only open to people who work within or are associated in some way with the media industry – there is no online open registration – and it all happens within one power-packed day with absolutely no down time.” More than 60 luminaries from the talk media industry are set to speak at a power-packed day of fireside chats, solo addresses, panel discussions, workshops, award presentations, new equipment showcases and endless networking opportunities. All in a beautiful indoor/outdoor state-of-the-art environment conducive to one-on-one conversations. The time to register is now. See more about the agenda, registration, sponsorship and hotel information here

Industry News

Yesterday’s (5/9) Top News/Talk Media Stories

The influx of migrants into the U.S., the end of Title 42, and President Joe Biden’s sending 1,500 troops to the Mexican border; E. Jean Carroll wins her sexual abuse and defamation civil suit against former President Donald Trump; former FOX News Channel star Tucker Carlson announces new Twitter show; New York Republican Congressman George Santos faces criminal charges from federal prosecutors; Biden to meet with congressional leaders on Friday over debt ceiling issue; the aftermath of the deadly weekend shooting in Texas; and Congressman James Comer’s allegations the Biden family is operating in the best interest of China were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

Detroit Radio Legends Appear on WLW, Cincinnati

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Pictured above are a group of Detroit radio legends gathered at a restaurant and joined by Art Vuolo of Vuolovideo. During the gathering, Vuolo connected them with Gary Jeff Walker, evening host on WLW, Cincinnati and they talked about the radio business and the history of the medium. Taking part in the on-air discussion were: Dick Purtan, Kevin O’Neill (WJR), Jo-Jo Shutty-MacGregor (ex-CKLW), Doug Podell (WLLZ), Ken Calvert (ex-WCSX).

Industry News

TALKERS News Notes

Cumulus Media and LEARFIELD’s Providence Friars Sports Properties renew their multi-year agreement to broadcast Providence College athletics.  Cumulus Providenc VP and market manager Holly Paras says, “I am excited to expand our relationship with the Providence College Friars to include hockey play-by-play on ‘790 The Score.’ The addition of college hockey to Southern New England’s only source for local college sports talk is a perfect fit and enhances our strong partnership with the legendary Friar Men’s Basketball program on WPRO.”

Enterprise podcast hosting solution provider Podbean achieves SOC 2 Type II compliance in accordance with the American Institute of Certified Public Accountants standards for SOC for Service Organizations, also known as SSAE 18. Podbean CEO David Xu says, “This certification ensures that the platform adheres to strict security and privacy standards, safeguarding your valuable content and data. By hosting your podcasts on such a platform, you demonstrate your commitment to maintaining the highest level of trust and confidence in your enterprise’s data management practices. Ultimately, this level of assurance allows you to focus on creating and distributing exceptional podcast content while enjoying peace of mind knowing that your enterprise’s digital assets are secure and compliant.”

The “Motley Fool Money” radio program hosted by Chris Hill adds new affiliate KAOI-AM/FM, Maui, Hawaii to its roster of affiliates.

Industry News

Yesterday’s (5/8) Top News/Talk Media Stories

The aftermath of the Texas mall shooting that took the lives of eight people and the vehicle attack that killed seven; President Joe Biden’s scheduled meeting with congressional leaders over the debt ceiling issue; the large number of migrants amassed at the U.S.-Mexico border awaiting the expiration of Title 42 and Biden’s order of 1,500 troops to the region; a panel in California recommends apology and reparations to Black Californians; former President Donald Trump’s legal battles; the protests in New York City over the choke-hold death of Jordan Neely, and Russia’s ongoing invasion of Ukraine were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

Wayne Allyn Root and Donald Trump Pose for Pic at Mar-A-Lago

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Pictured above is former President Donald Trump (center) posing for a photo with Las Vegas-based, nationally syndicated talk radio personality Wayne Allyn Root (right) and his wife Cindy (left) at Mar-A-Lago on Sunday evening. Root is one of the talk media industry’s staunchest supporters of the former president. After taking the photo, Trump announced to the dining room, “This man Wayne is the greatest. The most important man in Las Vegas.”

Industry News

TALKERS News Notes

Salem Media Group Inc will report its first quarter 2023 financial results after the market closes on May 9. The company also plans to host a teleconference to discuss its results on May 9, 2023, at 5:00 pm ET.

CBS Radio is presenting a documentary program for broadcast over the Memorial Day weekend titled, “Who Killed George Polk?” that looks into the shocking murder of CBS news correspondent George Polk in 1947. The program is hosted by Steven Portnoy and executive produced by Craig Swagler. Seventy-five years ago this spring, Polk was executed and his body dumped into the Aegean Sea. Historians who have studied the case over the decades have suggested that the murder of the CBS newsman was actually a conspiracy that involved the US-backed Greek government. The theory of the case is that the CIA – aided by Polk’s fellow journalists — covered up the truth to protect American interests at the height of the Cold War. Redacted CIA documents — original copies of which cannot now be found — give rise to that suspicion.

WNYC Studios launches a new, 12-part season of “More Perfect,” the Supreme Court-focused podcast series that brings the highest court of the land down to earth. “More Perfect” debuted as the first spin-off of “Radiolab” in 2017.  In this new season, host Julia Longoria “revisits the human dramas at the Court that are driving change around core aspects of American life today — from our religious freedom to our artistic expression; from our reproductive choices to our voice in democracy.”