Industry News

iHeartMedia Debuts “The Patriot” in Vero Beach

iHeartMedia Treasure Coast announces the debut of the new “Newsradio 107.9 FM/1370 AM The Patriot” on (former oldies) WZTA-AM/W300BQ, Vero Beach. The station is airing “The Brian Mudd Show” in morning drive, simulcast from its home base at WJNO-AM, West Palm Beach. Otherim programming includes Premiere Networks’ “The Clay Travis & Buck Sexton Show” and “The Jesse Kelly Show,” as well as programming from Westwood One. iHeartMedia SVP of programming Jason Carr says, “We’re excited to bring ‘The Patriot’ to Vero Beach with local talk and news from ‘The Brian Mudd Show’ and some of the biggest names in national talk radio. ‘The Patriot’ will super-serve the growing Vero Beach community, with the most up-to-date news, weather and sports updates, including sources like FOX News and the Florida News Network.”

Industry News

Fisher House Offers Free Veterans Day Weekend Radio Show

Fisher House Foundation is offering to news/talk radio stations a free Veterans Day Weekend edition of “The Fisher House Story.” This program is provided in varying lengths for news/talk radio stations as well as a 30-minute public affairs show for all formats in the U.S. and around the world. The programs are hosted by radio pro Larry O’Connor (AM drive host at WMAL-FM, Washington, DC) and featuresim stories of our nation’s heroes, the families who serve by their side, and how Fisher House plays a role in their journey. Fisher House Foundation provides a home away from home for families of patients receiving medical care at major military and VA medical centers. Fisher Houses provide temporary free lodging so families can be close to their loved ones during medical care. The inspiring and patriotic radio show features an exclusive interview with Jessica Lynch who recounts her harrowing experience as a prisoner of war during the early days of the 2003 invasion of Iraq during Operation Enduring Freedom. She reveals details of her treatment during her captivity, her rescue, the ensuing years of medical treatment and the special role Fisher House played (and continues to play) in her recovery. Hear the demo and register for the show here.

Industry News

WABC, New York Presents Cuomo-Scaramucci Debate

im

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

Ratings Takeaways

October 2023 PPM Ratings – Part Two

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

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

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

DNA – DNA = Did Not Appear – Does Not Appear

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

 

WASHINGTON, DC

News/Talk

WMAL 3.9 – 4.0, #7 – #7

WFED DNA – DNA, DNA – DNA (Capitals)

News

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

WDCH .6 – .7, #23 – #22

WDCH Stream DNA – DNA, DNA – DNA

Sports Talk

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

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

WTEM .2 – .3, #27 – #25 (Wizards)

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

WSBN .1 – DNA, #29 – DNA

Public Radio News/Talk

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

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

BOSTON

News/Talk

WRKO 2.8 – 2.3, #15 – #16

WXKS-AM .6 – .8, #23 – #23

News

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

Sports Talk

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

WEEI-FM 4.2 – 3.8, #9 – #10

WEEI-AM DNA – DNA, DNA – DNA

Public Radio News/Talk

WBUR 5.4 – 5.4, #3 – #3

WGBH 3.6 – 3.8, #11 – #10

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

MIAMI

News/Talk

WIOD 1.7 – 2.0, #21 – #21

News

None

Sports Talk

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

WINZ .3 – .5, #32 – #29 (Dolphins)

WMEN .1 – .2, #36 – #35

WSFS-HD2 .1 – DNA, #36 – DNA

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

WAXY DNA – DNA, DNA – DNA

Public Radio News/Talk

WLRN 3.8 – 3.9, #8 – #5    

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

SEATTLE

News/Talk

KIRO-FM 4.7 – 4.2, #6 – #8 (Seahawks)

KVI 1.7 – 1.8, #22 – #22

KTTH 1.4 – 1.5, #23 – #23

KPTR .1 – .1, #32 – #32

News

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

KHHO .1 – DNA, #32 – DNA

Sports Talk

KIRO-AM 6.0 – 4.3, #3 – #6 (Seahawks)

KJR-FM 2.3 – 3.0, #18 – #14 (Kraken)

KJR-AM .3 – .4, #27 – #26

Public Radio News/Talk

KUOW 5.9 – 7.6, #4 – #1

KSWS .1 – DNA, #32 – DNA

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

DETROIT

News/Talk

WJR 1.8 – 2.3, #17 – #16

WFDF .1 – .4, #26 – #24

WJR Stream .1 – .1, #26 – #28

News

WWJ 4.0 – 4.6, #11 – #9 (Pistons)

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

WDFN .1 – .1, #26 – #28

Sports Talk

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

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

WXYT-AM .3 – .2, #23 – #25

WXYT-AM Stream .1 – DNA, #26 – DNA

Public Radio News/Talk

WUOM 1.8 – 1.5, #17 – #20

WDET 1.1 – 1.2, #20 – #21

PHOENIX 

News/Talk

KFYI 4.1 – 4.0, #5 – #7

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

News

None

Sports Talk

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

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

KDUS .1 – .1, #34 – #33

KGME .1 – .1, #34 – #33

KTAR-FM HD2 DNA – .1, DNA – 33

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

Public Radio News/Talk

KJZZ 3.9 – 3.7, #6 – #9

MINNEAPOLIS

News/Talk

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

KTMY 2.3 – 2.4, #16 – #16

KTLK-AM 1.4 – 1.8, #19 – #18

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

News

KQQL-HD2 .1 – .1, #30 – #32

Sports Talk

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

KQQL-HD3 .1 – .2, #30 – #28

KSTP-AM .1 – .2, #30 – #28

Public Radio News/Talk

KNOW 6.2 – 6.0, #5 – #5

KNOW Stream .8 – .7, #23 – #23

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

SAN DIEGO

News/Talk

KOGO 4.7 – 5.4, #5 – #5

KLSD .3 – .3, #26 – #26

News

None

Sports Talk

KWFN 4.7 – 4.2, #5 – #6

KGB-AM .7 – 1.2, #23 – #20

KWFN Stream DNA – DNA, DNA – DNA

Public Radio News/Talk

KPBS 6.2 – 6.3, #3 – #3

TAMPA

News/Talk

WHPT 5.3 – 4.7, #5 – #6 (Lightning)

WFLA 4.0 – 4.6, #11 – #8

News

None

Sports Talk

WDAE 2.0 – 2.4, #19 – #16

Public Radio News/Talk

WUSF 2.3 – 1.6, #17 – #20

WUSF Stream .5 – .5, #25 – #25

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

DENVER 

News/Talk

KOA 3.7 – 4.5, #13 – #6 (Broncos)

KDFD 1.7 – 2.1, #19 – #19

KHOW 1.5 – 1.8, #21 – #21

News

None

Sports Talk

KKFN 4.6 – 4.5, #7 – #6

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

KEPN DNA – .1, DNA – #36

Public Radio News/Talk

KCFR 4.2 – 3.9, #9 – #13

KUNC .5 – .8, #31 – #27

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

BALTIMORE

News/Talk

WBAL 4.1 – 4.8, #8 – #8 (Ravens)

WCBM 1.8 – 1.7, #18 – #17

News

WTOP & WTLP  1.0 – 1.1,  #20 – #18

WDCH  .8 – .8,  #21 – #20

WQLL DNA – DNA, DNA – DNA

Sports Talk

WJZ-FM 4.0 – 5.1, #9 – #7

WJZ-AM DNA – DNA, DNA – DNA

Public Radio News/Talk

WYPR 4.5 – 4.0, #7 – #10

WYPR HD2 Stream .2 – DNA, #26 – DNA

ST. LOUIS

News/Talk

KMOX 5.8 – 5.0, #8 – #9

KFTK 1.9 – 1.8, #16 – #16

KTLK-FM 1.0 – .9, #19 – #20

KMOX Stream .5 – .4, #22 – #23

KFTK Stream .5 – .2, #22 – #27

News

KATZ-FM HD2 .4 – .3, #24 – #24

Sports Talk

WXOS 2.3 – 3.2, #15 – #14 (Blues)

Public Radio News/Talk

KWMU 3.5 – 4.0, #13 – #11

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

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

 Mike.Kinosian@gmail.com

Industry News

WWO: Brand Advertisers Now Tops in Podcasting Ad Spend

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

Ratings Takeaways

October 2023 PPM Ratings – Part One

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

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

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

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

NEW YORK

News/Talk

WABC 3.4 – 3.1, #11 – #11

WOR 1.2 – 1.2, #22 – #23

WKXW .7 – .8, #24 – #25

WKXW Stream .2 – .3, #41 – #37

WLIR-FM .0 – .0, DNA – DNA

News

WINS-FM 4.6 – 4.3, #7 – #7

WCBS-AM 2.5 – 2.3, #13 – #15

WINS-FM Stream .4 – .4, #32 – #34

Business News WBBR .3 – .4, #35 – #34

WCBS-AM Stream .3 – .2, #35 – #40

Sports Talk

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

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

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

Public Radio News/Talk

WNYC-FM 3.6 – 4.4, #10 – #6

WNYC-AM 1.4 – 1.3, #21 – #22

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

LOS ANGELES

News/Talk

KFI 4.8 – 4.5, #4 – #5

KEIB .7 – .8, #32 – #32  (Clippers)

KRLA .6 – .6, #34 – #33

News

KNX-FM 3.7 – 3.3, #8 – #10

KNX-FM Stream .1 – .1, #43 – #39

Sports Talk

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

Public Radio News/Talk

KPCC 2.1 – 2.5, #20 – #13

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

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

CHICAGO

News/Talk

WGN 3.4 – 3.6, #8 – #8  (Blackhawks)

WLS-AM 1.4 – 1.5, #23 – #24

WLIP .3 – .3, #37 – #37

WVON .1 – .0, #44 – DNA

WLS-AM Stream .0 – .0, DNA – DNA

News

WBBM-AM & WCFS 4.9 – 5.6, #3 – #3

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

Sports Talk

WSCR 3.2 – 2.5, #11 – #14 (Bulls)

WMVP 1.4 – 1.6, #23 – #22 (Bears)

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

Public Radio News/Talk

WBEZ 3.0 – 3.2, #13 – #12  

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

SAN FRANCISCO

News/Talk

KSFO 2.0 – 1.6, #16 – #20

KSFO Stream .3 – .4, #29 – #28

News

KCBS-AM & KFRC 7.1 – 6.6, #2 – #2

KNEW .1 – .2, #33 – #32  

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

Sports Talk

KNBR 3.7 – 3.2, #7 – #11 (49ers)

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

KTCT .2 – .3, #30 – #29  

KGO .1 – .3, #33 – #29  

KGO Stream .2 – .2, #30 – #32  

Public Radio News/Talk

KQED 5.3 – 5.3, #3 – #3

KALW .2 – .3, #30 – #29

DALLAS

News/Talk

WBAP 4.6 – 4.5, #5 – #4

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

KSKY .5 – .6, #35 – #33

KLIF-AM .6 – .4, #34 – #37

KSKY Stream .1 – .0, #42 – #DNA

News

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

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

Sports Talk

KTCK 4.7 – 4.7, #3 – #3  (Stars)

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

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

Public Radio News/Talk

KERA 2.7 – 2.4, #16 – #18

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

HOUSTON

News/Talk

KTRH 3.7 – 4.0, #12 – #9  (Rockets)

KPRC .9 – .9, #27 – #26  

News

None

Sports Talk

KBME 1.9 – 1.5, #22 – #22  (Rockets)

KILT-AM 1.3 – 1.5, #25 – #22 (Texans)

KFNC .2 – .3, #30 – #29

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

Public Radio News/Talk

KUHF 2.2 – 1.8, #18 – #21

ATLANTA

News/Talk

WSB-AM & WSBB 7.3 – 8.1, #3 – #2

WFOM .4 – .4, #29 – #30

WGKA .3 – .3, #31 – #32

WSRV-HD3 Stream .0 – .2, DNA – #33

WAOK .1 – .1, #36 – #37

WAOK Stream .0 – .1, DNA – #37

News

WBIN  .1 – .0, #36 – #DNA

Sports Talk

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

WCNN 1.5 – 1.8, #20 – #18

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

Public Radio News/Talk

WABE 3.5 – 3.6, #12 – #10

WRAS  .7 – .6, #26 – #27

PHILADELPHIA

News/Talk

WPHT 1.5 – 2.1, #19 – #15

WPHT Stream .3 – .5, #29 – #23

WURD .5 – .5, #23 – #23

WURD Stream .5 – .3, #26 – #25

WKXW 1.1 – DNA, #22 – DNA

WKXW Stream .1 – DNA, #35 – DNA

News

KYW & WPHI 5.8 – 5.4, #5 – #6

KYW & WPHI Stream .2 – .1, #31 – #27

Sports Talk

WIP 5.8 – 8.2, #5 – #2 (Eagles)

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

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

Public Radio News/Talk

WHYY 3.6 – 3.1, #11 – #11

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

NASSAU-SUFFOLK (LONG ISLAND)

News/Talk

WABC 3.9 – 2.2, #8 – #18

WOR 1.1 – 1.1, #22 – #22

WLIR .2 – .2, #33 – #30

News

WINS-FM 4.0 – 3.7, #7 – #7

WCBS-AM 2.5 – 2.7, #14 – #12

WINS-FM Stream .5 – .6, #25 – #25

WCBS-AM Stream .4 – .2, #29 – #30

Business News WBBR .3 – .3, #32 – #29

Sports Talk

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

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

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

Public Radio News/Talk

WSUF .2 – .2, #33 – #30 

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

RIVERSIDE

News/Talk

None

News

KFOO .1 – .1, #22 – #24

Sports Talk

None

Public Radio News/Talk

KVCR .4 – .5 #19 – #19

KPCC .2 – .1, #20 – #24

SAN JOSE

News/Talk

KSFO 1.3 – 1.1, #22 – #23

KSFO Stream .2 – .2, #28 – #30  

News

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

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

KNEW .2 – .2, #28 – #30  

Sports Talk

KNBR 4.8 – 5.2, #4 – #5 (49ers)

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

KGO Stream .8 – 1.0, #24 – #25  

KTCT .5 – .8, #26 – #27   

KGO .2 – .6, #28 – #28  

Public Radio News/Talk

None 

Sharks’ games are carried on the Sharks Audio Network.

MIDDLESEX-SOMERSET-UNION 

News/Talk

WKXW 5.2 – 6.0, #4 – #2

WKXW Stream .6 – 1.0, #22 – #19

WOR .6 – .6, #22 – #23  

News

WINS-FM 2.1 – 2.3, #13 – #11

WCBS-AM 1.2 – .9, #17 – #21

WINS-FM Stream .3 – .3, #27 – #27

WCBS-AM Stream .2 – DNA, #28 – DNA

Sports Talk

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

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

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

Public Radio News/Talk

None

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

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

Mike.Kinosian@gmail.com

Industry News

Audacy Gets Breathing Room on Interest Payments

Audacy, Inc files a Form 8-K with the Securities and Exchange Commission to noting that it is in continuing discussions with its creditors with respect to a number of potential alternatives regarding a restructuring of its outstanding indebtedness. To that end, Audacy has entered into a First Supplemental Indenture with Deutsche Bank Trust Company Americas on its 6.750% senior secured second-lienim notes due March 31, 2029 that extends the grace period before which a default in payment of interest on the 2029 Notes matures into an Event of Default by 30 days. The grace period for the interest payment under the 2029 Notes Indenture in the amount of approximately $18 million that was due on September 30, 2023, which, as previously disclosed, the Issuer elected to utilize, now ends on November 29, 2023. Additionally, Audacy is using the 30-day grace period under the existing indenture governing its 6.500% senior secured second-lien notes due May 1, 2027 for the interest payment in the amount of approximately $15 million that is due on Wednesday, November 1, 2023. Audacy intends to utilize the 3-business day grace period under the credit agreement, dated as of October 17, 2016, among the Issuer, the guarantors named therein, the lenders named therein and JPMorgan Chase Bank, N.A., as administrative agent for the lenders and collateral agent for the secured parties thereunder, for interest payments in the aggregate amount of approximately $17 million that are due on Tuesday, October 31, 2023.

Industry Views

Monday Memo: Stamina, Systems, Support

By Holland Cooke
Consltant

imFeel busy? Try keeping-up with these four:

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

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

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

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

How DO they do it?

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

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

im

Their routine seems anything-but

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

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

Technology: Friend or foe?

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

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

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

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

It takes a team 

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

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

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

Hitting Pause 

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

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

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

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

Industry News

KMBZ-FM, Kansas City Host Scott Parks Returns After Rehab Stint

Morning drive talk host Scott Parks (right) thanks his co-host Dana Wright (left) and his family members who staged an intervention that got him into rehab for saving his life. Parks returned to the morning show on im Audacy’s KMBZ, Kansas City yesterday (10/26) after spending the last month in a rehab program, according to a story in the Kansas City Star. Parks says he’s been addicted to alcohol for much of his adult life but had been sober for three years before an undisclosed family trauma in July led him back to drinking. Wright noticed Parks’ relapse and, fearing for his health, contacted Parks’ brother. Parks credits the resulting intervention with getting him the help he needed. Read the Kansas City Star story here.

Industry Views

SABO SEZ: Stream to Success

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

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

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

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

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

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

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

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

Industry News

PodcastOne Acquires “The Opportunist”

PodcastOne announces today it acquired the exclusive sales and distribution rights, as well as certain ownership and IP/derivative rights, to the top true crime podcast, “The Opportunist.” PodcastOneim president and co-founder Kit Gray says, “The Opportunist is an incredible complement to our existing slate of award-winning true crime podcast programming. There is no more fitting time than now to debut the show on our network. We look forward to growing the show’s existing audience.”

Industry News

Fred Toucher Signs Extension with “98.5 The Sports Hub”

WBZ-FM, Boston “98.5 The Sports Hub” morning drive personality Fred Toucher and Beasley Media Group agree to terms on a new, multi-year contract that keeps Toucher at the helm of the morning show “for years to come.” The station says, “Under Toucher’s tenure, the show has been recognized amongim the top sports morning shows in America and has won numerous national industry awards including a Marconi Award. Toucher was a foundational member of the launch of the station in August 2009. Prior to joining the ‘98.5 Sports Hub’ team, he worked at the former legendary rock station, WBCN.” Toucher comments, “I am thrilled to be able to work with my Beasley family over the coming years. I will continue my record of immense competence and brilliance.” Station PD Rick Radzik adds, “Fred has been entertaining ‘Sports Hub’ listeners each morning since 2009 with his compelling viewpoints and opinions on a wide range of topics. We are very pleased that he will continue on with us for years to come.” There’s no mention of morning drive co-host and Toucher’s longtime partner Rich Shertenlieb in the press release and the Boston Globe’s Chad Finn writes about the possibility Shertenlieb will exit the station soon. Read his column here.

Industry News

NAB Announces 2023 Marconi Winners

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

Industry News

Newsmax Names McBride Morning Co-Host

Newsmax names Sharla McBride co-host of “Wake Up America” alongside host Rob Finnerty.im McBride most recently served with CBS affiliate WUSA-TV, Washington DC where she served as a news and sports anchor. McBride says, “I am excited to join an incredibly talented team at Newsmax and look forward to bringing Americans the stories that matter each morning. It has been my dream to work for network news, and I feel my 17 years of anchoring experience have prepared me for this new role of co-hosting ‘Wake Up America.’ It’s an absolute honor!”

Industry News

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

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

Industry News

ENCO, Benztown and Compass Partner on SpecAI Service

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

Industry News

Outkick Reports Q3 Audience Up 34%

Sports media platform OutKick says that its third quarter audience data from Comscore indicates it had the “highest year-over-year growth amongst its competitive set averaging more than 5 million totalim multiplatform unique visitors, which is up 34% versus 3Q of 2022.” The platform also delivered 67 million total multiplatform minutes and 64 million total multiplatform views. Outkick founder Clay Travis says, “Once again OutKick finishes the quarter with strong numbers that highlight our consistent growth across the platform. Our in-depth and common-sense reporting continue to be the driving force and differentiate us from your standard sport sites.”

Industry News

XDS Service for GCN-Syndicated Shows to End November 1

Talk radio programs syndicated by Burnsville, Minnesota-based Genesis Communications Networks learned this week that XDS satellite delivery service to affiliate stations will not be provided after November 1, 2023. As a full-service radio syndicator, GCN provides affiliate sales, commercial sales,im and satellite delivery of programming. It contracts for that XDS satellite delivery from Westwood One. GCN CEO Ted Anderson tells TALKERS, “We’ve been working with Westwood One for almost 30 years and it appears that we are at an impasse with them contractually going forward. It has been a very positive and productive relationship, but it is time to move on. C-Band is a legacy technology that developed in the earlier days of talk radio but it is no longer a fundamental choice. We intend to provide our hosts and clients with modern, real-time audio with less delays than C-Band.”

Industry News

WVHU-AM, Huntington Parts Ways with Host Tom Roten

Longtime morning drive talk host Tom Roten exits iHeartMedia’s news/talk WVHU-AM, Huntington,im West Virginia. Roten posted the following to social media: “For 22 years, my morning talk radio show was the #1 show in the Huntington, WV market. The most recent ratings period showed the station overall at #5 in the market, #1 for AM stations (highest ever ranking). Unfortunately, iHeart is going in a different direction and I was dismissed. While my future is uncertain, you can still access my podcasts from Spotify and other streaming services.”

Uncategorized

Disney Breaks Out ESPN Revenue

For the first time, Disney is releasing financial data for its ESPN operations in a corporate filing with the Securities and Exchange Commission. Alexandra Canal at Yahoo!Finance writes that ESPN “generated more than $16 billion in revenue and $2.9 billion in operating profit in Disney’s fiscal yearim 2022, which ended on Oct. 1, 2022. The bulk of that revenue and profit came from its domestic business at $14.6 billion and $2.81 billion, respectively.” The filing also shows how important cable television is to ESPN’s bottom line. Canal writes, “The bulk of the sports segment revenue came from affiliate fees at $10.8 billion followed by advertising at $4.4 billion and subscription fees for ESPN+ at $1.1 billion. ESPN typically has the highest carriage fees, or fees pay-TV providers pay to network owners to carry their channels, of all basic cable networks. According to an estimate from SNL Kagan, ESPN charges pay-TV operators $8 to $9 per subscriber.” Read the Yahoo!Finance piece here.

Industry News

Nasdaq Grants Urban One Stay Extension

Urban One Inc is getting the extension of the automatic 15-day stay of suspension from the Nasdaq Stock Market LLC pending a hearing scheduled for November 30 and a final determination regarding the company’s listing status on the exchange. Nasdaq originally notified Urban One of its decision to begin proceedings to potentially delist the company’s securities because it had failed to comply withim listing requirements by not filing quarterly reports with the Securities and Exchange Commission for the first and second quarters of 2023. Urban One has been late with quarterly reports since it discovered problems with its former independent accounting firm’s valuation of its investment interest in MGM National Harbor, which the company sold for cash proceeds of approximately $136.8 million on April 21, 2023. Urban One has since dismissed that accounting firm and hired Ernst & Young LLP as its independent accounting firm. Nasdaq’s granting the stay means that the company’s shares will not be delisted before the outcome of the hearing scheduled for November 30.  Urban One says it anticipates filing the delinquent reports prior to that date.

Industry News

Mark Wainwright: The Greatest Home Run

im“A sports moment for the ages, a botched radio call, a live broadcast believed lost forever… then miraculously rediscovered. What a story!” October 13, 2023 is the 63rd anniversary of Pittsburgh Pirates second baseman Bill Mazeroski’s unlikely World Series-winning home run that lifted the team over the heavily favored New York Yankees in the 1960 championship. Today, veteran radio performer and voiceover artist Mark Wainwright presents the story – and the stories behind the story – of “the greatest home run,” broadcasting legend Chuck Thompson’s uncharacteristic radio flubs, and how the video & audio of the series that was thought to be lost forever was found! Read Mark Wainwright’s story here.

Industry Views

Pending Business: When it Matters Most

By Steve Lapa
Lapcom Communications Corp
President

imIt may seem impossible, but you need to stay in your lane.

As we live through another dark chapter in world history, staying focused on what we do in sales and marketing will be a nearly impossible challenge. We live in a 24/7, always-on world constantly updating everything from everywhere.

As we work on the sales, marketing and management side, the news/talk and information programming side are in hyper mode logging on, weighing in, competing to never miss a beat. I remember when time stood still as the events of 9/11 shocked the world and time stood still. Talk radio hosts, producers and news departments tried their best to digest the events and offer some level of understanding to a listening audience. For the first time ever, the mainland of the United States of America had been attacked.

And here we are, frozen again. This time the events unfolded halfway around the world. Once again shock, unspeakable actions, thousands of innocent deaths, massive destruction. If you have been doing this long enough, we do have some level of experience with shocking events.

Once again, our talk radio hosts, producers and news teams will be a go-to source for millions of listeners across the country. How do we stay focused, selling, marketing, prospecting as local communities react to all this that is unfolding halfway around the world?

— Our thoughts and prayers are with those in harm’s way. As difficult as it may be, try and keep the opinionated politics away from your sales process.

— Keep the conversation neutral. A challenge for sure. If you are prepared there’s always positive to bring to your sales call.

— The calendar never quits. Halloween, Thanksgiving, Christmas, New Year’s, are all around the corner and with that a last-minute marketing opportunity.

— Why are 66% of the U.S. adults over 40 overweight?  Blame the men, we always skew those numbers. Just helping with a little small talk …

As challenging as the next few days and weeks may become, your news/talk radio station will become an important resource for adults on the go who need to know. As you formulate your presentations, stay focused on the unique benefits only your radio station’s lineup can deliver in times of crisis. Your on-air talent have earned the trust of the audience the old-fashioned way…. by being there when it mattered most.

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 Views

Monday Memo: What Aren’t You?

By Holland Cooke
Consultant

imThanks to those who sent comments on last week’s column “Gradually, they know you,” which recommended brevity in explaining to listeners who you are.

Equally important: Clarity that you’re NOT what listeners DON’T want. If you’re a host or programmer, you want to understand listener turn-offs as well as Viking Riverboat Cruise Lines seems to know their prospects.

Promising that “We do not try to be all things to all people,” the Viking brochure promises:

im

No children under 18.

No casinos.

No nickel and diming.

No charge for Wi-Fi.

No charge for beer & wine at lunch & dinner.

No umbrella drinks.

No photography sales.

No art auctions.

No inside staterooms.

No smoking.

No waiting in lines.

No format lights, butlers or white gloves.

And the brochure details an “Environmentally Considerate” culture “reducing impact through design & technology,” i.e., solar panels, recycling & waste management, etc.

With SO many audio competitors, we can’t risk ambiguity.

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