Industry Views

Pending Business: Will Video Save the Radio Star?

By Steve Lapa
Lapcom Communications Corp
President

imWill video save the radio star? I hope so.

The tea leaves have become abundantly clear. Start understanding the impact of stand-alone video offered by your radio station or forever consider yourself outdated. Are you listening, all you great programming and production gurus out there in talk radio land. The up-and-coming generation is in line to take over and we had better start shifting the development wheels into hyper-gear today.

Everything new is new and everything old is suspect. Think about this:

1. How many times have you logged into Facetime or your favorite video platform purely for the sake of staying in touch? An entire generation is being raised on video calls and remote work. Can linear talk radio carve out a future in this video intense environment?

2. I can hear the old school managers barking, “There will always be in-car listening.” True, but commute times and days are changing regularly with remote work becoming the norm. In-car audio listening is changing before your very ears.

3. Have you digested the most recent research metrics? Sorry old schoolers, the days of 95% of homes listening to terrestrial radio are over. Ever watch the preschoolers ask Alexa or Google to read them a book?

4. Young parents under 40 are now limiting “screen time.” The key word is “limit.” Doesn’t that speak volumes?

How do we turn video integration into a sales winner for radio?

1. Stop denying the trend. Embrace the wave and ride it to profitability.

2. Focus on what sells. That “security camera” look in the on-air studio is embarrassing. Start having a real dialogue internally about what it takes to win dollars in this newly competitive world.

3. Reinvent yourself. Do not be slow to move forward. This video world moves at hyper speed and leaves laggards in the dust.

4. Not everyone will make the cut. Some of your talent will work better in the video world than others. Remember this is all relatively new to terrestrial radio. As your team navigates the way through these uncharted waters communication is critical.

The foundation is still solid. Many advertisers are comfortable with radio/audio that delivers the results they expect. Those advertisers are the rock-solid foundation every radio station needs. But eyes on the future are important as we all deal with single digit growth in competitive sales markets around the country.

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.

Industry News

Audacy Files Final 2023 Fiscal Report with SEC

Audacy filed its 10-K annual report with the Securities and Exchange Commission on Friday (3/22) as it prepares to emerge from Chapter 11 reorganization. The company is waiting on FCC approval. Inim reporting is operating results for 2023 it reveals net revenue of $1.16 billion, a decrease of 6.75% from the full year 2022. The company was hampered by an impairment loss of $1.3 billion in 2023, compared to the impairment loss of $180 million reported in 2022. That and other factors led to total operating expense soaring to $2.5 billion, compared to the total operating expense of $1.32 billion in 2022. The company posted a net loss of $1.13 billion in 2023, compared to the net loss of $140 million reported for 2022.

Industry News

Talk Host Dan Parsons Exits KLIN-AM, Lincoln, Nebraska

The Lincoln Journal Star reports that Dan Parsons exits NRG Media’s news/talk KLIN-AM, Lincoln, Nebraska after just 10 months. Parsons hosted the 5:00 pm to 6:00 pm hour between Premiere’s “Seanim Hannity Show” and the “Sports Nightly” program. KLIN general manager Ami Graham tells the paper that Parsons was not terminated for cause, “We’ve just chosen to go in a different direction.” For his part, Parsons tells the Journal Star that “he tried cutting against the grain by hosting a talk radio show that stressed ‘lifting up instead of tearing down — and truth over tribalism. I thought we were taking radio in a different direction.’” Read the Journal Star story here.

Industry News

New York Festivals Radio Awards Announces 2024 Shortlist

The New York Festivals 2024 Radio Awards announces this year’s Storytellers Gala Shortlist. NYFestivals says, “Mesmerizing audio entries created by storytellers from around the world were judged online by NYF’s Radio Awards Grand Jury to determine the 2024 Radio Awards Shortlist. Shortlisted entries include audiobooks, podcasts, dramas, documentaries, breaking news coverage, entertainment, and music specials from radio stations, networks, prominent production companies and independentim producers.” All Entries in the 2024 competition were screened online by NYF’s Radio Awards international Grand Jury of 200-plus producers, directors, writers, and other creative media professionals from around the globe and judged on the following set of criteria: production values, creativity, content presentation, direction, writing, achievement of purpose and audience suitability. Award-winning entries will be announced during the New York Festivals 2024 Storytellers Gala virtual event on April 16 at 6:00 pm ET. The virtual event will include featured global audio and video highlights, award winners’ acceptance speeches from around the world, and up-close and personal spotlights featuring some of radio and television’s most respected storytellers. All winners will be showcased on the Radio Awards winners gallery. See the shortlist here.

Industry News

Kilmeade Visits Affiliate WCHV, Charlottesville

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Pictured above are FOX News Channel and FOX News Radio talk personality Brian Kilmeade (left) and WCHV, Charlottesville PD and morning host Joe Thomas (right) during Kilmeade’s visit to his affiliate station. Kilmeade participated in a meet-and-greet with listeners and helped collect enough money and food donations to feed 4,300 Central Virginians with the Blue Ridge Area Food Bank! In the photo above, Thomas is showing Kilmeade his old staff jacket from his time working at WRCN-FM on Long Island when it was a rock station. Kilmeade’s radio show is carried on the JVC Media station and Kilmeade often uses the WRCN studios for his program.

Industry News

Audacy Names Tatjana Deegan VP of Sales in Austin

Audacy announces the appointment of Tatjana Deegan as VP of sales for the Austin, Texas cluster that includes news/talk KJCE-AM and three music brands. Audacy regional president Doug Abernethy says,im “It’s much better working with Tatjana than against her. She is a powerhouse seller and a dependable colleague. Audacy’s Austin sales team is set to have a successful future with her influence.” Deegan comments, “I am grateful for the opportunity to lead the incredibly talented sales team at Audacy in Austin under the leadership of Doug. For the second time in my career, I am eager to learn from him and cannot wait to bring everything I’ve got to the table!”

Industry News

“New Jersey 101.5” to Present Youth Sports Town Hall

This Thursday (3/28) at 7:00 pm, Townsquare Media’s news/talk WKXW-FM, Trenton “New Jersey 101.5” is presenting a town hall titled, “Don’t be a Bad Sport,” that looks at problems facing youth sports, including parents behaving badly on the sidelines and kids feeling pressured to play through injuries.im Station senior political director Eric Scott will moderate the town hall and he says, “Participating in youth sports can benefit our kids in so many ways. Unfortunately, the actions of just a few parents can spoil the experience for everyone.” The program’s on-air panel will feature Dr. Jason Krystofiak, division chief of sports medicine at Cooperman Barnabas Medical Center; Colleen Maguire, executive director of New Jersey State Interscholastic Athletic Association; Dr. Mike Gross, a clinical and sport psychologist and head of sport psychology at Princeton University; and Robert Everett, a former president of Berkeley Little League.

Industry News

TALKERS News Notes

The internet TV talk show “Jim Peters At Night” is preparing to broadcast its 100th episode live this evening (3/25). The program is broadcast live via video Mondays through Thursdays at 11:00 pm ET on six popular online platforms. The featured guest for the 100th installment will be Dr. Murray Sabrin, professor emeritus of economics and finance at Ramapo College in New Jersey.

Audio sales firm AdLarge welcomes “Stupid Things for Love” to its podcast lineup. The company says, “Through candid discussions, host Scott Campbell, an internationally acclaimed tattoo artist, creates a deeply empathetic and secure environment for guests, inviting them to share their vulnerabilities and intimate narratives, regardless of their level of fame or recognition. From personal struggles to triumphant moments, ‘Stupid Things for Love’ offers an unassuming platform for real people to connect and relate.”

Industry News

Top News/Talk Media Stories Over the Weekend

The ISIS attack on a Russian concert hall kills more than 130 and Vladimir Putin’s implicating Ukraine in the attack; former President Donald Trump’s legal battles and today’s bond deadline; the presidential race; the legislation to fund the government for the rest of the fiscal year and Republicans critical of House Speaker Mike Johnson; the U.S. migrant crisis; the Israel-Hamas war and the U.S. plan for hostage exchanges; the Supreme Court to hear arguments on a Texas court’s suspension of the FDA’s approval of the abortion pill; the violence and chaos in Haiti; and the Justice Department’s anti-trust case against Apple were some of the most-talked-about stories in news/talk media over the weekend, according to ongoing research from TALKERS magazine.

Industry Views

The State of Journalism in 2024: Why Talk Media Needs Investigative Reporting Now More Than Ever

By Ted Bridis
University of Florida
Professor

imThe headlines haven’t been kind to journalism lately. That recent New York Times piece declaring its demise? It wasn’t exactly a morale booster. The Messenger, created to revitalize journalism in the digital age, shut down after just one year. Sports Illustrated was on the cutting block until Minute Media came onto the field with a Hail Mary to save the 70-year-old publication. The Wall Street Journal laid off a slew of talented reporters despite record profits. Yet, some of these decisions have nothing to do with the state of journalism but are based on balance sheets, declining advertising buys, and changing tastes in media consumption.

David S. Levine of the Times of Israel has written, “Journalism is dead. You are on your own.” But here’s the thing: I’m not buying it.

As a journalism professor at the University of Florida with more than 35 years in the industry, I’ve seen my fair share of ups and downs. Remember the rough economic patches of 2001 and 2008? The internet’s constant disruption? We’ve weathered those storms, and we’ll weather this one, too.

In fact, universities like mine are leading the charge in a new era of journalism. The investigative, political journalism and public policy reporting classes that I teach feed directly into something near and dear to me: credibly holding powerful institutions accountable. And we’re building partnerships to help sustain the industry.

Our Fresh Take Florida news service distributes significant reporting by our undergraduate journalism students to major news outlets across Florida. Newsrooms receive high-quality content for their readers, viewers, and listeners. Students earn real-world experience covering challenging subjects and gain exposure with editors and news directors who hire them when they graduate. Every semester, sadly, my classes of young reporters dwarf the size of many professional newsrooms in some of Florida’s biggest cities.

Talk media is especially vulnerable as our journalism industry works its way through these latest challenges. It relies on journalists to unearth those hard-hitting stories, identify credible sources, and separate fact from fiction.

Here’s the truth: Talk media can’t function without a healthy investigative journalism ecosystem. They need that next generation of journalists I’m training — reporters who are not just trustworthy and credible, but efficient and effective in getting the story out quickly. After all, in today’s fast-paced world, talk radio often relies on journalists for its content.

This is precisely why investigative journalism programs around the country and the Collier Prize for State Government Accountability are so crucial. The $25,000 Collier Prize, established at the University of Florida with a generous gift from Nathan Collier, a descendent of the family that founded the pioneering investigative journalism magazine Collier’s in the late 1880s, is one of the largest journalism awards in the country. It recognizes and celebrates the very kind of investigative reporting that underpins strong talk media.

We’re fostering a new breed of investigative journalists who can seamlessly serve the needs of both traditional and talk media. They understand the importance of speed and accuracy, the ability to distill complex issues into digestible segments, and the value of unearthing stories that spark conversation and hold power to account.

The future of journalism isn’t about flashy headlines or clickbait. It’s about dedicated professionals committed to truth, transparency, and giving a voice to the voiceless. It’s about investigative reporting that illuminates injustice and empowers citizens. And it’s about demonstrating to readers, viewers, and listeners that objective, hard-hitting journalism is worth paying for, after a generation where we gave it away free online.

Talk media is dependent to a degree on the success of the rest of the ecosystem, which is an important point. We highlight and identify credible sources who then become guests on programs that can go into a lot more depth than they can with a quote in a 1,000-word story. Talk radio very much has a stake in the success of journalism. They need this next generation of journalists to be better than ever — credible, trustworthy, and ethical but also efficient and effective — working expediently to get the story told because in a lot of cases talk radio is getting its content from journalists.

We are never not going to need journalists. That’s the silver lining — democracy needs journalists. It needs trustworthy, independent, independently minded journalists who seek the truth and report it. That sentiment is alive and well, and talk media needs this kind of journalism now more than ever.

Award-winning investigative journalist Ted Bridis led the Associated Press’ Pulitzer Prize-winning team before joining the University of Florida. He’s known for his expertise in source protection, FOIA law, and uncovering high-profile stories like the Clinton email server and Paul Manafort’s foreign lobbying. Previously, he analyzed national elections for the AP and covered technology, hackers, and national security.

Industry News

Round Four of February PPMs Released

imThe fourth of four rounds of ratings data from Nielsen Audio’s February 2024 PPM survey has been released for 12 markets including Austin, Raleigh, Indianapolis, Milwaukee, Nashville, Providence, Norfolk, Jacksonville, West Palm Beach, Greensboro, Memphis, and Hartford. The survey covered February 1 – 28. Today, TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In Austin, Waterloo Media’s news/talk KLBJ-AM drops six-tenths to finish with a 5.1 share (6+, weekly AQH share) but remains ranked #5, while Audacy’s news/talk KJCE-AM rises two-tenths for a 0.3 share and stays ranked #28. In Raleigh, iHeartMedia’s news/talk WTKK-FM rises half a share to finish with an 8.0 share that lifts it to the #3 rank, while Curtis Media’s news/talk WPTF loses two-tenths for a 0.8 share finish good for the #19 rank. In Nashville, Cumulus Media’s news/talk WWTN-FM tacks on three-tenths to wrap the survey with a 5.7 share and inches up to the #5 rank, while iHeartMedia’s news/talk WLAC is steady with a 2.1 share but moves up one spot to the #17 rank. See Mike Kinosian’s complete Ratings Takeaways from this group of markets here.

Industry News

Talk Hosts Kilmeade and Katz Catch Up in Richmond

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Pictured above are FOX News Channel and FOX News Radio talk personality Brian Kilmeade (left) with WRVA, Richmond afternoon drive talk host Jeff Katz (right) at the historic McLean’s Restaurant in downtown Richmond. Kilmeade – whose show recently joined the lineup at WRVA – was in town broadcasting live and Katz joined Kilmeade to offer insight on the issues of the day.

Industry News

Fulscado Named SVP of Sales for iHeartMedia Philadelphia

Anthony Fuscaldo is named SVP of sales for iHeartMedia’s Philadelphia station group that includes sports betting outlet WDAS-AM “FOX Sports The Gambler” and five music brands. Fulscado, who wasim most recently serving as division sales manager for Carvertise, previously held SVP, GSM, and national sales director roles with the cluster. Philadelphia markets group president Jeff Moore says, “We are fortunate to welcome Anthony Fuscaldo back to iHeartMedia Philadelphia as senior vice president of sales. With his proven track record of driving revenue growth, attracting top talent and fostering strong client relationships, we are confident he will lead our sales team to new heights of success. Welcome home, Anthony!”

Industry News

Salem to Sell Stations in Nashville and Hawaii

Salem Media Group, operating in selective divestiture mode, announces it is selling contemporary Christian KAIM-FM, Honolulu and WFFI-FM, Kingston Springs/WFFH-FM, Smyrna/WBOZ-FM, Woodbury in the Nashville market to Educational Media Foundation for $7 million. Salem notes that itsim Nashville-based Today’s Christian Music network (TCM) is not affected by these transactions. Salem Media Group CEO David Santrella comments, “Salem remains steadfast in our commitment to paying down debt and reducing our overall leverage. The sale of these radio stations helps achieve those goals. At the same time, we are focused on the stations staying in mission format. We are happy to be working with our good friends at EMF to continue impacting lives through music. We are grateful for our staff at these stations that have worked tirelessly over the years. With this change, Mike Blakemore, Salem’s VP of CCM programming, will provide focus and leadership to programming TCM, which remains an important part of Salem’s content offerings.”

Industry News

Hillsdale’s WRFH Named MAB’s College Audio Station of the Year

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Hillsdale College radio station WRFH/Radio Free Hillsdale 101.7 FM is honored with the Michigan Association of Broadcasters’ “2024 College Audio Station of Year.” This award, along with the 12 individual awards bestowed upon Hillsdale students, were presented at the 2024 Michigan Student Broadcast Awards on Monday (3/18). WRFH/Radio Free Hillsdale general manager Scot Bertram comments, “I think the success of our students and station comes down to two things: effort and education. These students spend hours each week in the studio prepping, recording, and polishing their content. They understand audio content and journalism, but — more importantly — they spend countless hours studying literature, history, philosophy, the sciences, and mathematics. They have real knowledge and insight, and they know how to turn it into high-quality content.” Pictured above are Hillsdale students with their Station of the Year award.

Industry News

TALKERS News Notes

STC Media, LLC’s “Sports Talk Chicago” adds new affiliate WROK-AM, Rockford, Illinois, bringing the Jon Zaghloul-hosted show’s roster to nine stations. Zaghloul says, “I couldn’t be more excited to bring ‘Sports Talk Chicago’ to Rockford. I want to thank Townsquare Media, and, specifically, Chuck Armstrong and Johnny Vincent, for helping to make this new partnership happen. We are thrilled to bring our patented blend of opinionated, unfiltered sports talk to such a great city. And we continue to thank our affiliates and supporters for helping us to expand across the region!”

Multimedia sports platform OutKick announces that it finished February 2024 with 24 million total multiplatform views – up 4% versus February 2023 – and delivered 22 million total multiplatform minutes and 20.2 million total digital multiplatform unique visitors, according to data from Comscore. Outkick SVP and managing editor Gary Schreier says, “OutKick continues its great start to 2024 with growth across the platform and remains the destination for all the news where sports and culture intersect.”

The Library of American Broadcasting Foundation will present its third annual Insight Award to Emmy Award-winning broadcaster, author, and philanthropist Soledad O’Brien during the NAB Show Welcome on April 15. The Insight Award recognizes an individual or organization for an outstanding artistic or journalistic work or body of work that enhances the public’s understanding of the role, operation, history or impact of media in our society. Previous recipients include LeVar Burton and “60 Minutes.”

Industry News

Top News/Talk Media Stories for Week of March 18 – 22

The presidential race and this week’s primary election races combined as the most-talked-about story in news/talk media, landing atop the Talkers TenTM. At #2 this week was former President Donald Trump’s legal battles including his need to raise funds for a bond in the E. Jean Carroll case, followed by the Trump legal team’s efforts to disqualify Fulton County DA Fani Willis 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

BIA Advisory: ’24 Political Ad Spend to Hit $11.1 Billion

BIA Advisory Services reveals its forecast for the political ad spend in the U.S. for the 2024 election cycle and it expects the total to be just over $11 billion – that’s $1.5 billion more than was spent in the 2020 elections. BIA states, “While local ad spending on digital is growing, traditional advertising isim forecast to account for 70.2% of political ad spend in 2024, down from 77.9% in 2020. As with past presidential elections, in 2024 over-the-air TV (TV OTA) will get the largest share of political ad dollars in local with an estimated $4.6 billion in forecast spending. Add in TV Digital, and the number rises to $4.9 billion. PC/Laptop will be the second highest at $1.3 billion, followed by Cable TV at $1.1 billion. Cable TV is the only media channel forecast to be down from 2020 in this category, by nearly $183 million. Coming in fourth is relative newcomer Connected TV/Over-the-top TV (CTV/OTT), which is forecast to grow to $1.0 billion in 2024 from only $74 million in 2020. Over-the-air radio remains steady with $536 million in 2024, up 16% from 2020.”