Industry Views

Monday Memo: Twitter Technique

By Holland Cooke
Consultant

imTik-Tok is hot (largely among users too young to be heavy AM/FM listeners) and it’s in-the-news (about its possible ban). And, yes, Facebook remains T-Rex in the social media jungle. But people on Twitter seem to live there.

— Twitter is a useful right-now prompt, because Tweets stack-up, so there’s less value alerting Followers to what’s up much later today or tomorrow.

— Like any contact, there’s a quality/quantity trade-off. You will get a feel for how-much-is-too-much when you see your Followers number drop. So, think before you Tweet. You’ll never get un-Followed for something you didn’t Tweet.

— Best of all, like other social media, Twitter is…social. Conversations begin and spread. And any of your Followers can re-Tweet your message to all their Followers, and any of them could re-Tweet it too. Going-viral like that is powerful peer-to-peer endorsement, particularly if you’re a podcaster, because subscriptions are the ballgame.

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REAL opportune: links and attachments.

— AM/FM transmitters are audio-only and only in real-time. But you can Tweet-out a photo or video or a link to online content. Research demonstrates that third-party content you share gets re-Tweeted more than content about yourself.

— Possibly the most-useful Tweets about your radio work are “snack-size” single-topic aircheck clips. Especially opportune: guest interview excerpts that enable listeners. “Car Coach Lauren Fix has three tips BEFORE your summer road trip.” Why expose that useful programming content only to those who happened to be listening live?

— Tweeting in that fashion not only conforms to listeners’ on-demand media preference, it puts your audio back in the pocket, where radio used to be.

Twitter does double-duty BEFORE your show.

— Note how SiriusXM/CNN host Michael Smerconish tees-up topics with quick videos and polls. People like being-asked. A real estate agent whose weekend show I coach uses Twitter “to ask an opinion on a light fixture, a paint color, an appliance.” She notes that “on HGTV’s website, they have a section called ‘Rate My Remodel.’ Regular folks send in pictures of a recent remodel that they did, and others comment. People love this stuff.” So, start a conversation that takes wings. When you read posted comments on-air, you sound accessible and popular.

— And Twitter’s characters-limit is a useful discipline. You’re pre-scripting your concise, inviting show open.

Holland Cooke (HollandCooke.com) is a consultant working at the intersection of broadcasting and the Internet. He is the author “Multiply Your Podcast Subscribers, Without Buying Clicks,” available from Talkers books; and “Spot-On: Commercial Copy Points That Earned The Benjamins,” a FREE download; and the E-book and FREE on-air radio features Inflation Hacks: Save Those Benjamins.” Follow HC on Twitter @HollandCooke

Industry Views

Pending Business: Father’s Day

By Steve Lapa
Lapcom Communications Corp
President

imYou have still have six weeks to make Father’s Day your sales success. Stop taking for granted, this always undersold 100-plus-years-old celebration.

Father’s Day is a $20 billion business that rarely dominates a radio sales meeting. Did you have a full sales meeting devoted to selling into the Father’s Day gift giving cycle?

Your most valuable sales asset, your on-air personalities, can be helpful in brainstorming, collaborating, even creating unique sales opportunities. They know their audience.

The National Retail Foundation projects only an $80 difference in the average gift spends between Mother’s Day and Father’s Day. Still the typical radio ad sales team rarely takes the time necessary when it comes to brainstorming this annual opportunity. Unlike Mother’s Day where “natural” categories like flowers, candy, dinner, spa days, even jewelry make the annual target list, what does your target list look like for Father’s Day? How creative is your Father’s Day planning… especially since neckties are still out?

Could it be because Father’s Day was hatched in Spokane, Washington as a complement to its senior partner, Mother’s Day?

It really doesn’t matter. These takeaways may help guide your thinking as you approach any holiday marketing. Let’s start with a Father’s Day profile that should broaden your thinking:

— Forget the old school. Consider this: 81% of gift givers are looking for “unique” or “experience” oriented gifts. A true opportunity to open your prospecting targets. Would Dad enjoy a weekend staycation?

— Like it or not online shopping is becoming the norm, yet when it comes to Father’s Day, nearly 50% are still shopping at retail locations. Another reason to freshen up that prospecting list.

— Despite inflation, 76% of Americans will celebrate Father’s Day.

— The average spend is projected at $171. Not exactly Christmas numbers, but welcome income to any retailer.

Sellers and managers often overlook obvious income opportunities that could come easily. Chances are your local talent have a connection to Father’s Day that could make a difference on a sales call. Don’t overlook the opportunities right in front of you as you approach the next sales call.

Happy Father’s Day!

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 News

The Ramey Show’s George Kamel Launches YouTube Channel

George Kamel, co-host of “The Ramsey Show” on the Ramsey Network, is launching a new YouTube channel designed to help “others win with money while exposing a system designed to keep Americans broke.”im The Ramsey Network says Kamel, who went from negative net worth to millionaire and has successfully navigated the money minefield, will “tackle the tough topic of money with humor and wit.” Kamel comments, “There’s so much anxiety and frustration around money. I’m so pumped about this channel because we’re going to show people personal finance doesn’t need to be complicated, and we’re going to have a lot of fun doing it.” New episodes will be posted every Monday, Wednesday and Friday.

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

Former Cuomo Aide to Host WABC Radio Show

Melissa DeRosa, who served as aide to former New York Governor Andrew Cuomo, is getting her own weekly radio show on WABC, New York. The New York Post reports that DeRosa, who has been serving as aim contributor to the Red Apple Media station, will host a Sunday talk show, although a firm start date has not been announced. Red Apple CEO John Catsimatidis tells the Post, “She is one smart lady and she is one tough lady and you know how much I appreciate smart tough ladies.” DeRosa says her show will tackle “the major headlines driving national news and New York news. It will be a mix of insiders conversation but also I want it to have broader appeal to everyday New Yorkers.” Read the Post story here.

Industry News

Former L.A. County Sheriff Alex Villanueva to Host Show on CRN

CRN Digital Talk Radio announces that former Los Angeles County Sheriff Alex Villanueva is hosting a new talk radio show titled, “The Resistance with Sheriff Alex Villanueva,” that will cover “a wide range of topicsim related to crime, law enforcement, public safety, homelessness and the failures of many of our elected officials.” The program debuts this evening (5/8) at 7:00 pm ET. CRN Digital Talk Radio CEO Michael Horn says, “We are thrilled to have Sheriff Villanueva join our lineup of hosts on CRN Digital Talk Radio. His experience and expertise in law enforcement and in public service make him a valuable addition in the talk media universe and we look forward to providing a platform for him to connect with the audience.”

Industry News

AFSP Honors Audacy with Public Education Lifesaver Award

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The American Foundation for Suicide Prevention recognized Audacy’s “I’m Listening” program and the company’s continued support of mental health with a Public Education Lifesaver Award during the organization’s annual AFSP Gala in New York City. The event honors those that have gone above and beyond in drawing attention to the cause of suicide prevention, elevating public discourse around mental health and suicide, and successfully creating actual change within our society to end this leading cause of death.  Pictured above are Audacy COO Susan Larkin (right) and actor, author, and mental health advocate Ashley Judd (left), who received the Survivor of Suicide Loss Lifesaver Award in honor of her work following her mother Naomi Judd’s suicide.

Industry News

Top News/Talk Media Stories Over the Weekend

At least nine people are killed in a shooting at a Texas outlet mall and seven others are killed by a vehicle hitting people outside a migrant shelter; the global COVID health emergency is declared over and Dr. Rochelle Walensky exits the CDC; the battle in Washington over the debt ceiling; investors remain nervous about regional banks after the failure of three; former President Donald Trump’s legal battles; the controversy over Supreme Court Justice Clarence Thomas’ accepting gifts from a prominent Republican donor; King Charles III is coronated; the ongoing Russian invasion of Ukraine; experts’ concerns about generative Artificial Intelligence; and the large number of race horse deaths leading up to the Kentucky Derby were some of the most-talked-about stories in news/talk media over the weekend, according to ongoing research from TALKERS magazine.

Industry News

Today’s Radio Talk Show Hosts Face Unique Challenges

A special panel addressing the career management issues facing today’s talk radio talent has been set for TALKERS 2023 which will take place on Friday, June 2 at Hofstra University on Long Island. It’s always been difficult to forge a successful on-air career in radio – but today, it is particularly intense. Talk show hosts in 2023 must deal with integrating their on-air responsibilities with the multi-platform nature of modern media, fragmented pop culture, stifling budget restrictions, and highly distracted or corporately paralyzed management. This all plays out against the backdrop of controversy, political correctness, a dizzyingly non-stop news cycle and incessant technological change. The session titled, “Navigating a Radio Talk Show Hosting Career,” will be introduced by Ryan McCormick, managing partner, Goldman McCormick, PR and a syndicated talk show host in his own right; moderated by Heavy Hundred mainstay and the “Dean of Philadelphia Talk Radio,” Dom Giordano, WPHT, Philadelphia; and include panelists (in alphabetical order): super-agent, Heather Cohen, SVP, The Weiss Agency; Heavy Hundred member Mandy Connell,  KOA, Denver; Heavy Hundred member Jeff Katz, WRVA, Richmond; Heavy Hundred member Frank Morano, WABC, New York/Red Apple Audio Network, and Heavy Hundred member Martha Zoller, WDUN, Gainesville, Georgia.   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. TALKERS 2023 is nearing an advance sellout. See more about the agenda, registration, sponsorship and hotel information here.

Industry News

Audacy Promotes Rosen and Porth at “The Score”

Audacy announces leadership promotions at sports talk WSCR-AM, Chicago “670 The Score” as station programmer Mitch Rosen is upped to vice president and brand manager. Rosen will continue in his role asim vice president of BetQL Network. Audacy Chicago VP of programming and operations Greg Solk says, “Mitch Rosen is ‘The Score’ and has led his team for nearly two imdecades of unprecedented success. He has a keen eye for talent and has the deepest relationships in Chicago sports media. We are all excited about the future of ‘The Score’ with Mitch leading the way.” At the same time, the company promotes assistant brand manager Ryan Porth to program manager, reporting to Rosen. In this role, Porth will assume day-to-day responsibilities of the station’s programming. Rosen comments, “Ryan Porth came into “The Score Clubhouse” in January of 2022 and has fit in like a veteran. We are excited about his next step in helping to guide the future of Chicago’s sports powerhouse.”

Industry News

Karen McCrary Mitchell Named Market President for iHM Memphis

iHeartMedia announces that Karen McCrary Mitchell is promoted to the role of market president for the Memphis operations that includes news/talk WREC-AM and Memphis Black Information Network. She mostim recently served the company as division vice president of digital. McCrary Mitchell says, “I am honored and thrilled to be market president for Memphis & Tupelo. iHeartMedia is engrained in both communities and my stewardship will embrace our alliances and initiate partnerships to strengthen mutual community interests. It’s a privilege to lead this talented team in sharing the iHeartMedia message.”

Industry News

Jay Philpott Joins Cumulus Appleton-Oshkosh as OM

Cumulus Media appoints Jay Philpott operations manager for the Appleton-Oshkosh, Wisconsin station group that includes news/talk WOSH-AM and four music brands. Philpott will also serve as PD and air talent forim classic hits WVBO-FM. Philpott comments, “I knew very quickly after speaking to and meeting with [regional VP] John Rowe that rejoining Cumulus in Appleton/Oshkosh was the right move for me. I am thrilled to work with the incredible programming team there, and to continue working with [SVP programming operations] John Dimick and [chief content officer] Brian Philips. Coming over from Minnesota for my third tour of Wisconsin radio, I’ll still be wearing purple… but only the stuff related to Prince! Here’s to continue making great radio that our listeners love!”

Industry News

Ovies and Giglio Launch Podcast

The Charlotte Observer reports that former WCMC-FM, Raleigh sports talk hosts Joe Ovies and Joe Giglio are launching a podcast venture after being let go by WCMC owner Capitol Broadcasting last week. The duoim have started The OG Live Podcast Co to operate their business. They say the new podcast program, titled, “Ovies & Giglio,” will drop three times a week – Monday, Wednesday and Thursday mornings – on a YouTube channel. Giglio tells the paper, “We’re going to try to do what we’ve been doing, only on our own. The outpouring from both listeners and from our sources — coaches, administrators, commissioners, (Canes owner) Tom Dundon — that part has been overwhelming and obviously super encouraging at a time when we obviously needed it. So that’s kinda why we thought we could do this. We hope we can make the most of the chance that we have.” Read the Observer story here.

Industry News

Fred Toucher Could Return to WBZ-FM, Boston Soon

According to a story by Brandon Contes in Awful Announcing, WBZ-FM, Boston “98.5 The Sports Hub” morning drive co-host Fred Toucher says he may get his doctor’s permission to go back on the air after anim extended absence for a chronic throat condition that led to a cancer scare. Toucher, who co-hosts the morning show with Rich Shertenlieb, says in a video he posted to Twitter, “I feel my voice is getting stronger. I think that if I go to the doctor on Monday, he is going to give me permission to go back on the air. So, what turned out as a big, big cancer scare, where I was given assurances that it was cancer in my throat, might turn out to be that I needed not to talk for a very long time.” Read the Awful Announcing piece here.

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.”

Industry News

Top News/Talk Stories for Week of May 1-5

The negotiations between House Speaker Kevin McCarthy and the Biden administration over spending cuts in exchange for raising the debt ceiling was the most-talked-about story in news/talk media this week, landing atop the Talkers TenTM. At #2 this week was the Fed’s raising of the benchmark interest rate, followed by the recent bank failures and Americans’ faith in the banking system 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

The Late Jim Thompson to Receive TALKERS “Humanitarian of the Year” Award

The late Jim Thompson, who lost his valiant struggle against throat cancer last August at the age of 75, has been named this year’s recipient of the TALKER S magazine Sharon L. Harrison Memorial Award for Outstanding Community Service by a Broadcaster – also referred to as the “Humanitarian of the Year” award. Thompson served successfully as the president of the Broadcasters Foundation of America between 2009im and 2022 guiding the charitable organization to more than quadruple the amount of financial aid it distributes to radio and TV professionals in acute need from $400,000 to nearly $2 million last year. “I am very proud to have known Jim for nearly 40 years as a colleague and a friend,” said Scott Herman, chairman of the Broadcasters Foundation. “Jim believed deeply in helping others and his passion and enthusiasm for life always lit up a room. He always saw the positive in every person and every situation.” Prior to his service to the industry as president of the BFoA, Thompson had been president and CEO of Group W Radio, the second largest radio company in the country during his leadership, and along with Mike Craven was co-owner of Liberty Broadcasting, a 19-station radio group concentrated on the East Coast. He began his broadcasting career as an account executive at KYW-TV, Philadelphia in 1971, where he rose to vice president and general manager. An innovator and visionary, Thompson created the Radio-Mercury Awards to encourage and reward excellence in radio creative. He served on the boards of the Radio Advertising Bureau and the Advertising Council, was vice chairman of the Pennsylvania State Broadcasters Association and a member of numerous committees, including the NAB Radio Futures Committee.  A member of the U.S. Army, Thompson served in Vietnam. The presentation will be made by talk show host Harry Hurley of WPG, Atlantic City at TALKERS 2023 on Friday, June 2 at Hofstra University on Long Island.

The Humanitarian of the Year honor is one of four awards presented annually by TALKERS at its annual national conference.  The others set for this year include the Freedom of Speech award to Tavis Smiley of KBLA Talk 1580, Los Angeles; the Woman of the Year award to Martha Zoller of WDUN, Gainesville, GA; and the award for Lifetime Achievement to Kraig T. Kitchin of Sound Mind, LLC.  All three will be in attendance to make their acceptances. Jim Thompson’s award will be accepted by Broadcasters Foundation of America president Tim McCarthy.

TALKERS 2023 is nearing an advance sellout. See more about the agenda, registration, sponsorship and hotel information here.

Industry News

BIA Advisory Services: WTOP-FM Top Biller in 2022

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BIA Advisory Services announces that in the first edition of its Investing In Radio® Market Report for 2023, that the top billing radio station in 2022 was Hubbard Broadcasting’s all-news WTOP-FM, Washington ($69 million). It also reports that the total U.S. local radio over-the-air and digital revenue for 2022 topped $13.6 billion in 2022, an increase of 7.4% over the $12.6 billion total in 2021. Over-the-air advertising grew 2.2% to $11 billion (up from $10.7 billion in 2021) and digital income rose 35% to $2.6 billion (up from $1.9 billion in 2021). BIA VP of forecasting Nicole Ovadia says, “Looking at last year’s ad revenue results, it shows that radio is maintaining an important position in their local markets, particularly as it expands and improves its online digital presence. This year, we are making a particular effort to track the digital revenue of local radio stations and believe this breakout in our forecast will be valuable to everyone in the industry.” The BIA report notes that, aside from WTOP, “other all-news stations struggled.” Compared to last year’s list, Audacy’s all-news WBBM-AM/WCFO-FM dropped to the number nine position and WCBS-AM, New York dropped to the 11th position. New to the top 10 list is Cox Media Group’s news/talk WSB-AM/WSBB-FM, Atlanta ($31.6 million).

Industry News

Newsmax TV to Debut Chris Plante Show

Newsmax announces that Newsmax TV is launching a new prime-time show hosted by talk media personality Chris Plante, beginning Monday (5/8) at 9:00 pm ET. The program is titled, “Chris Plante The Right Squad,”im and “will be an exciting panel show led by Plante and will include Newsmax veteran Jenn Pellegrino along with three other regular panelists.” Newsmax says, “A seasoned television journalist and syndicated radio host, each weekday night Plante will join with ‘The Right Squad’ as his team features strong analysis with dynamic conversation and debates. ‘The Right Squad’ will talk about the major events that are impacting America — and no topic will be off-limits.” Newsmax CEO Christopher Ruddy adds, “Chris Plante is an award-winning journalist who delivers fact-based news and opinion while keeping the conversation fun and interesting.” Plante hosts a Westwood One-syndicated radio talk show based at Cumulus Media’s news/talk WMAL-FM, Washington, DC.

Industry Views

Radio Sales Pro Steve Lapa is This Week’s Guest on Harrison Podcast

One of the radio industry’s most respected experts on sales and marketing, consultant Steve Lapa, is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” Lapa is presidentim of South Florida-based Lapcom Communications Corporation – a consultation and marketing firm that specializes in helping radio stations and program providers stay afloat financially and actually thrive in these uncertain times of digital media disruption. imHis career goes back more than four decades during which he has served in various management capacities at some of the nation’s biggest radio and television operations in addition to working with major names in talent. Harrison and Lapa engage in a productive chat about the existential challenges facing radio as well as some of the age-old techniques of sales and marketing that withstand the test of time. Lapa, who will be moderating the sales panel at the forthcoming TALKERS 2023 conference on June 2, states, “We have to get radio out of the emergency room and into recovery.” Listen to the podcast in its entirety here.

Industry News

Bleav Joins Cumulus Podcast Network

Cumulus Media announces that the Bleav network is joining the Cumulus Podcast Network, which will bring Bleav podcasts that cover the NFL, MLB, NBA, NCAAF, NCAAB, SEC, and NHL as well as soccer, betting, andim pop culture into the network. The Cumulus Podcast Network will distribute, market, and monetize the more than 300 Bleav shows. Cumulus EVP of marketing and Westwood One president Suzanne Grimes says, “Bleav has created a broad and deep well of programming for sports fans, with content from virtually every professional and major college team in America. Listeners and advertisers alike turn to Westwood One for the very best sports programming, so it’s a natural fit for us to partner with Bleav and offer our advertisers access to this extensive podcast portfolio.”

Industry News

Benztown + McVay Media Produces Train Derailment Podcast Series

Benztown + McVay Media Podcast Networks announces the launch of “Derailment Disaster: Crisis in East Palestine,” a limited series documentary podcast by creators, journalists, and co-hosts Jarid Watson, Priscillaim Watson, and Josh Miely. Priscilla Watson says, “What listeners will find compelling is the astounding level of control the railroad industry has over the economy, while local and state governments have no legal power to protect their citizens. As residents of the surrounding East Palestine area, living just 15 miles away, and as career content creators and multi-media journalists, we uncovered shocking evidence of industry-wide negligence and learned that derailments happen more often than one might think.”

Industry News

Beasleys Honored by B+C Hall of Fame

Beasley Media Group late company founder George Beasley and his daughter, CEO Caroline Beasley, were among the inductees honored at the 2023 Broadcasting + Cable Hall of Fame Gala on Wednesday (5/3) in New York City. Caroline Beasley (pictured at right accepting the honors) says, “It is very humbling to be aim part of such an outstanding class of inductees. The only thing better would have been to have my late father, George, by my side, to accept this incredible honor together in person.” Other inductees included Deborah Roberts, ABC News national senior affairs correspondent, and contributing anchor of 20/20, and her husband Al Roker, weather and feature anchor and co-host of the third hour of NBC’s “Today Show,” Matt Bond, chairman, content distribution, NBCUniversal; Ray Cole, president and chief operating officer, Citadel Communications; Frank Comerford, CRO and president, local sales, NBCUniversal Advertising & Partnerships; Ray Hopkins, president, U.S. Networks Distribution, Paramount Global; Wonya Lucas, CEO, Hallmark Media; Soledad O’Brien, CEO of SO’B Productions and host/producer of “Matter of Fact with Soledad O’Brien”; and Rachael Ray, TV food personality and host of “The Rachael Ray Show.” In addition, Jim Nantz of CBS Sports received the Lifetime Achievement Award and AMC’s “The Walking Dead” was named the Iconic Series for 2023. Late past president of the Broadcasters Foundation of America, Jim Thompson, was posthumously honored with the Chairman’s Award for his career achievements and tireless dedication to helping broadcasters in need.

Industry News

Yesterday’s (5/3) Top News/Talk Media Stories

Inflation and the Fed’s decision to raise interest rates another quarter point; PacWest bank’s falling stock and concerns about the state of the U.S. banking system; the U.S. debt ceiling and House Speaker Kevin McCarthy’s determination to get spending cuts in exchange for raising it; Russia intensifies attacks on Ukraine after claiming Ukraine attempted a drone strike on the Kremlin to kill Vladimir Putin; the capture of the hospital shooter in Atlanta and the capture of the man suspected of shooting five to death near Houston; a whistleblower’s claim of possession of a document tying Joe Biden to a bribery scheme with a foreign national; former President Donald Trump’s legal battles; immigration and President Joe Biden’s decision to send 1,500 troops to the U.S.-Mexico border; NYC subway chokehold death; and New York bans fossil fuels in new construction were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

TALKERS 2023 Nearing Early Sellout

With slightly less than a month to go, TALKERS 2023, the 26th annual installment of the talk media industry’s longest running and most important national gathering, is nearing an early advance sellout. The one-day, power-packed conference will take place on Friday, June 2 at Hofstra University on Long Island. It is presented by TALKERS magazine in association with Hofstra’s nationally acclaimed radio station, WRHU-FM/WRHU.org. According to TALKERS VP/executive editor Kevin Casey, “There is particularly strong interest in the event this year – perhaps because of the huge influence talk media – especially news/talk radio, cable news/talk TV, sports/talk radio and podcasting – are exacting on the national conversation. At the same time, all of these platforms are facing major existential issues ranging from challenges generating revenue, navigating controversy, and competing against technologically induced cultural sea-changes.” Casey adds, “The magnificent setting of Hofstra really works well for this conference. The state of the art theater is wonderfully spacious – which means a lot during what will hopefully be the tail end of COVID; the broadcasting facilities for those attendees who’ll be doing their shows live from the site are second-to-none; the breakfast, lunch and closing reception events take place outdoors under an open tent in a delightful and health-minded setting; the agenda features more than 60 outstanding speakers and directly addresses the key questions facing the industry. Knowledge and connections are power. TALKERS 2023 will provide the latest information and it is a fantastic networking opportunity.” Conference director Michael Harrison says, “This industry conference is steeped in history, tradition and dynamic purpose. Careers and lives change at the TALKERS conference!” Register now to avoid being shut out. See more about the agenda, registration, sponsorship and hotel information here.

Industry Views

Saga Communications Q1 Net Revenue Rises 1.3%

First quarter 2023 operating results for Saga Communications reveal net revenue of $25.3 million, an increase of 1.3% over the same period in 2022. Net income fell from $1.2 million in Q1 of 2022 to $920,000 in the first quarter of this year. The company says, “Station operating expense increased $1.1 million for theim quarter to $21.7 million compared to the same period last year. A significant part of the increase in station operating expense for the quarter was due to a $272 thousand increase in our self-insured health care costs and a $446 thousand increase in employee compensation, including payroll taxes at the station level. After a number of years of holding the company’s compensation expenses flat, we decided that adjustments in our employee compensation were warranted in consideration of the economic times and inflationary environment.”

Industry News

Latino Media Network Names Sylvia Banderas Coffinet CEO

As reported by Sara Fischer for Axios, Latino Media Network – the Hispanic media company partially funded by philanthropist and activist George Soros – names Sylvia Banderas Coffinet chief operating officer. Banderas Coffinet most recently served as general manager at Vox Media. Latino Media Network’s acquisitionim of the conservative Radio Mambí network of Spanish-language news/talk stations from TelevisaUnivision aggravated some conservatives who petitioned the FCC to deny the license transfers. The petition was rejected. The Radio Mambí format goes back to Amancio Víctor Suárez’s launch of programming created by anti-communist Cuban exiles in the mid-1980s. The group of 18 radio stations will gradually be turned over to Latino Media Network throughout this year. Company co-founder Jess Morales Rocketto is quoted saying, “We’re not the first business owners with our own political leanings,” while adding that they are focused on commercial success and not “imposing a political agenda.” Read the Axios piece here.

Industry News

Museum of Broadcast Communications Launches Auction to Fund Move

The Museum of Broadcast Communications announces its first-ever online auction and fundraiser commemorating the organization’s 40th anniversary. The museum’s current space is being sold to a developer, so it is seeking a new location and anticipates being able to re-open the museum within the next 18 to 24im months. This auction to raise funds includes fun experiences on which to bid, including: lunch with Emmy award-winning actor Henry Winkler; tickets to CBS’ “The Late Show with Stephen Colbert”; sit with sports radio host Jim Rome in-studio or on-site at NFL’s Radio Row the week leading up to Super Bowl LVIII in Las Vegas; and more. MBC board chair David Plier says, “It’s an exciting time for the museum and our future. The enthusiasm and generosity we have received for this fundraising effort from the broadcast community and celebrities – not just in Chicago but nationwide – has been tremendous. This fundraiser is about creating access and memorable experiences – from being a producer for a day at a major network, touring a live working newsroom or even having your voicemail greeting personalized by TV and comedy great Bob Newhart – ‘Forty for 40’ is not to be missed.”

Industry News

Beasley Unveils Mental Health Awareness Month Initiative

Beasley Media Group announces its latest Community of Caring Initiative focused on National Mental Health Awareness Month. Beasley says the goal of the public service campaign, created with support from NCH Healthcare System, is to promote awareness and education about the misconceptions of this important topicim that impact so many people on a daily basis. In addition to featuring on-air and online content across the company’s 61 radio properties, the monthlong initiative will include outreach with local community experts and in-car dashboard messaging featuring QUU RDS technology. Beasley Media Group chief content officer Justin Chase says, “Beasley is proud to put a spotlight on the importance of mental health as part of our longstanding Community of Caring program. We want our listeners to know they are not alone; mental health issues are common and there’s no reason to be ashamed. The campaign will promote the skills and tools to help cope and professional support available for treatment.”

Industry News

Yesterday’s (5/2) Top News/Talk Media Stories

The U.S. approaches the deadline for extending the debt ceiling and House Speaker Kevin McCarthy’s demand for spending cuts; President Joe Biden sends 1,500 troops to Mexican border to deal with migrant surge; the aftermath of Tucker Carlson’s exit from FOX News Channel; Iran seizes second oil tanker in a week in the Strait of Hormuz; Russia’s ongoing invasion of Ukraine; the 2024 presidential race; concerns about Artificial Intelligence’s ability to do harm; Hollywood writers go on strike; and the build-up to King Charles’ coronation were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

iHeartMedia First Quarter Revenue Declines 3.8%

iHeartMedia Inc reports its operating results for the first quarter of 2023 and revenue for the period was $811.2 million, a decline of 3.8% over the same period in 2022. After reporting operating income of $12.3 million in Q1 of 2022, the company posts an operating loss of $48.8 million. Also, iHeartMedia’s net loss increased from $48.7 million in the first quarter of 2022 to $222.4 million in Q1 of this year. The company’s Digital Audio Groupim segment’s total revenue was $223.4 million, up 4% over the same period in 2022. The company’s Multiplatform Group reports total revenue of $529 million (a decline of 7%) and that segment breaks down as follows: Broadcast Radio revenue was $383.2 million (down 7.7% from Q1 2022) and Networks reports revenue of $107.9 million (down 8.2% from Q1 of 2022).  Chairman and CEO Bob Pittman comments, “We are pleased to report that our first quarter 2023 results were a bit above the high end of our Adjusted EBITDA and Revenue guidance ranges – and that more importantly, while both the macroeconomic climate and the advertising marketplace remain uncertain, the audio and digital advertising markets appeared to be stronger in the quarter than we had initially anticipated. We expect that our second quarter Adjusted EBITDA, while below 2022 levels, will be approximately double what we generated in the first quarter, and this, in combination with our Q1 first quarter performance relative to guidance, gives us confidence that our Adjusted EBITDA results will continue to improve throughout 2023, and that we will be well positioned to build further in 2024 in terms of revenue growth, profitability, and Free Cash Flow generation.”