TALKERS News Notes
Change of Corporate Officers at iHeartMedia. In an 8-K filing with the Securities and Exchange Commission, iHeartMedia states that it has transitioned Scott Hamilton from his role as the its principal accounting officer to a consulting arrangement. Michael B. McGuinness, the company’s executive vice president, deputy chief financial officer, is designated as the company’s principal accounting officer. iHeartMedia states, “Mr. Hamilton’s change in status is not the result of any dispute or disagreement with the company, including with respect to any matters relating to the company’s accounting practices or financial reporting.”
SiriusXM Announces U.S. Open Coverage. SiriusXM is the exclusive national audio broadcaster for the 125th U.S. Open Championship, and will offer live shot-by-shot coverage across all four days of Championship play – June 12-15 – from Oakmont Country Club, outside Pittsburgh. The broadcast team will feature Taylor Zarzour and Brian Katrek as the play-by-play voices, alongside analysts Steve Melnyk and Brendon de Jonge. Three-time U.S. Open Champion Hale Irwin will join the SiriusXM team on air to provide analysis during the Saturday and Sunday rounds.
#3. Radio-related podcasts of note include Cumulus Podcast Network’s “Shawn Ryan Show” steady at #6, iHeartPodcasts’ “On Purpose with Jay Shetty” rising two spots to #9, and Silverloch’s “VINCE” falling two places to #20. 
Cox Radio, with Del Nin agreeing that Warshaw would manage the business as CEO upon successful acquisition.” While both parties were doing due diligence on the CMG deal, Warshaw learned that an Audacy majority stake holder was willing to sell its stake in the company. Warshaw says he steered SFM and Del Nin to the deal that made SFM a majority stake holder of the new Audacy in early 2024. Warshaw alleges he was promised he’d be the next CEO of Audacy or that he would get 5% of SFM’s profits from the Audacy acquisition. After that though, Warshaw says Del Nin balked and denied there was ever an agreement, calling any such claims “fabricated.” Warshaw is seeking compensatory and punitive damages and asking that the court award specific performance of their agreement.
meteorologist. Froney most recently served with WLEX-TV, Lexington, Kentucky. She comments, “I’m looking forward to working with the talented group of meteorologists at FOX Weather. I can’t wait to continue exploring my fascination with meteorology and work with some of the best in the industry.”
Dozens of brand-new audio hardware and software companies have been launched during the past 20 years. These start-ups are usually funded by venture capital money. VC money is not invested to return a profit, it’s poured in to – pour it in. Their money is “different” than the cashflow that fuels your business. Start-up money buys time to profit.
expectations: core radio advertising finished at -12.4% excluding digital, and Cable TV advertising was -6.3%. Our cable TV ratings stabilized significantly in the first quarter of 2025 and are performing in line with our 2025 budget. Second quarter core radio advertising pacings have weakened over the past several weeks and are now -8.7%. Our first quarter 2025 digital revenues were down 16.1% driven by expected weakness in streaming and podcasting revenues. Based on our year-to-date performance, we reaffirm our full year guidance of $75 million in Adjusted EBITDA. Our cumulative debt repurchases so far in 2025 are $88.6 million at an average price of 53.9%, resulting in reduced gross debt of $495.9 million, and we currently have approximately $79.8 million of cash on hand. In a challenging marketplace, our focus remains on controlling costs, managing leverage and retaining a strong liquidity position.”
The station says, “As the June 1 increases loom, state leaders and advocates will discuss the impact on consumers and what can be done. With public outrage mounting over stalled grid upgrades and steep bills, a panel of experts and top officials will explore the reason behind the hikes and the possible solutions that can be implemented to prevent such steep hikes in the future.”
successful there, will have a general election campaign to run in the fall for the next term. Morano issued a statement over the weekend regarding his status. He said, “When I was elected, I had expected to continue hosting my radio show until the swearing-in. However, due to concerns about equal-time rules for the upcoming election and uncertainty around what outside work I’ll be allowed to do once I take office, the decision was made that I would no longer host ‘The Other Side of Midnight’ and would step away from the Red Apple Audio Network for now. This wasn’t a decision I made lightly—or one I made at all, frankly—but I completely understand the reasoning behind it. I’m incredibly grateful to the station’s ownership and management for the opportunity to do a show I loved, with a team I respected, for an audience I adored… I do hope to be back on the radio in some form soon. But for now, I’m off the air. 
investment. Other notes from the first quarter include: Revenue from new business accounted for 18% of net revenue; Local revenue, including digital packages sold locally, accounted for 71% of net revenue; Digital revenue was comparable to the first quarter of 2024 but increased 6% year-over-year to $10.8 million, on a same-station basis; Digital revenue accounted for 22% of net revenue; and Digital segment operating margin was 18%. Beasley CEO Caroline Beasley says, “Our first quarter results 
reflect the strength of our ongoing transformation and the resilience of our core strategy. While revenue was impacted by persistent macroeconomic headwinds, we mitigated this through disciplined cost management, operational streamlining, and continued momentum in our digital business, resulting in an Operating Loss of $2.0 million and year-over-year Adjusted EBITDA growth. Digital revenue now represents over 20% of total revenue, and the meaningful expansion in digital segment operating income underscores the scalability of our platform and the impact of our strategic investments. As we look ahead, we remain focused on unlocking margin expansion, accelerating our digital evolution, and driving long-term value for our stockholders through thoughtful execution and innovation. We are particularly encouraged by the continued growth in our high-margin digital offerings and the early success of new digital and content initiatives. With a more agile operating structure, a differentiated content portfolio, and deepened advertiser engagement, we believe Beasley is well-positioned to navigate short-term market challenges while building a more durable and diversified revenue base.”
“Wellness Unmasked with Dr. Nicole Saphier” program, effective Tuesday, May 13. Dr. Saphier serves as a FOX News contributor, is a New York Times best-selling author, and a board-certified physician. She says, “I am thrilled to join the dynamic Clay & Buck team as we launch ‘Wellness Unmasked,’ a podcast dedicated to cutting through the noise and delivering honest, science-based insights on all things health and wellness. Together, we will empower listeners with knowledge to live their best lives.”
“It won’t work on FM.” Country. Country was predicted to be a failing format for the FM band. At the dawn of FM proliferation in the 1970s, the future of the band was viewed with fear and skepticism. Why wouldn’t country music work on the FM band? The conventional chatter said that “country needs to be on AM because truckers drive long distances and AM signals cover long distances. FM does not.”
towns across the country, “bringing viewers unparalleled access and insight to the people, places and issues that make up America.” FOX News Media EVP of morning programming & program development Megan Albano says, “For nearly 30 years, Steve has been a force on the curvy couch with his signature smile and wit. His relationship with our audience is unmatched and we are looking forward to him taking his trademark style from the couch to cities across America’s heartland where he will co-host from diners to pickleball courts and more and finally not have to drive across the George Washington Bridge at 3:30 am every morning.” 
AM, sports talk KRLD-FM, six music brands and the Texas State Networks. Mackay will continue to serve as vice president of sales for Audacy Dallas. He succeeds Brian Purdy, who continues as regional president with oversight of 16 markets.
Eaton/Altadena Fire: 100 Days and Counting,” from 4:00 pm to 6:00 pm at Robinson Park Recreation Area in Pasadena. There will be a panel of survivors, community leaders, activists, experts, and more to reflect on the 100 days since the fire erupted and address hard and heart questions about where the community goes from here. Tavis Smiley, founder of Smiley Audio Media, says, “I’m looking forward to hearing from our beloved Black Altadenians and learning how KBLA Talk 1580 can continue to support their efforts to find justice and accountability to make them whole.”