Industry News

Ramsey Solutions Hosts EntreLeadership Summit 2023

Ramsey Solutions is hosting EntreLeadership Summit 2023 at the Gaylord Opryland Resort in Nashville May 31 through June 2. Ramsey Solutions says, “EntreLeadership Summit is for business owners and leaders with a heart for investing in themselves and their teams. This year’s speakers include Ramsey Solutions’ CEO Daveim Ramsey, bestselling author Malcolm Gladwell, clinical psychologist Dr. Jordan Peterson, Food Network celebrity chef and restaurateur Maneet Chauhan and more. Dave Ramsey comments, “World-class leadership is becoming more important because that’s who people want to follow. Something happens when you get thousands of powerhouse leaders in one room. After leaving Summit, you’ll be ready to hire and retain top talent, lead with confidence, and strengthen your company culture.” Find out more about the event here.

Industry News

TALKERS 2023 Officially Sold Out

The 26th annual installment of the talk media industry’s longest running and most important gathering set for Friday, June 2 at Hofstra University on Long Island is officially sold out. In order to comply with health and comfort considerations and maintain the intimate, qualitative environment for which this event is known, the absolute registration cutoff point was reached yesterday at 5:00 pm ET. According to TALKERS VP/executive editor Kevin Casey, “Industry professionals who have attended the TALKERS Conference in the past enjoy it and find it to be a valuable experience for a number of reasons beyond the remarkable quality of the speakersim and pertinence of the agenda. They appreciate the intimacy of the environment and outstanding ‘who’s who’ in talk media makeup of their fellow attendees. We work diligently to keep this event within those parameters. It is only open to people who work within or are associated in some way with the talk media industry – there is no online open registration – and it all happens within one power-packed day with absolutely no down time.” More than 65 luminaries from the talk media industry are set to speak at a content-heavy day of fireside chats, solo addresses, panel discussions, workshops, award presentations, new equipment showcases and endless networking opportunities. All in a beautiful indoor/outdoor state-of-the-art environment conducive to one-on-one conversations. TALKERS publisher Michael Harrison adds, “People attend this seminar not only to see and hear the speakers… they come to meet them and each other as well! This event offers that opportunity.” The entire agenda of events at TALKERS 2023 will be video recorded and posted for world-wide viewing at a later date. Some sponsorship opportunities still exist.  See more about the agenda, sponsorship and hotel information here.

Industry News

MIW Announces Mary Zukin is First “Speak Up” Mentee

Mentoring and Inspiring Women in Radio announces that Mary Zukin, senior sales & marketing executive at Iliad Media Group in Boise, Idaho is the first “Speak Up!” mentee. Created in partnership with Media Staffing Network and Laurie Kahn before her passing, “Speak Up!” is a one-year program designed for one menteeim from any department in a small to medium radio market. MIW says, “The program is designed to encapsulate so much of what Laurie brought to the industry – a mentorship that encourages and empowers women to develop confidence and sharpen communication skills, to hone the ability to effectively speak up in order to further attain her goals.” MIW board president Ruth Presslaff says, “This program will always hold a special place in our hearts as Laurie has left an unforgettable impact on all of us in the industry. We had a number of talented candidates to choose from, so it was a tough decision. Mary’s energy and vibrant character really illuminated our reasons for curating this program and we’re excited to have her as our first inaugural mentee!”

Industry News

Ford Reconsiders – Will Keep AM Radio in 2024 Cars and ’23 EVs

According to a report by the AP, Ford is changing its previously announced policy regarding AM radios. Ford CEO Jim Farley states, “We’ve decided to include it on all 2024 Ford and Lincoln vehicles. For any owners of Ford’s EVs without AM broadcast capability, we’ll offer a software update.” Reacting to Ford’s earlier decision, U.S. lawmakers rolled out a bi-partisan, bi-cameral bill that would authorize the National Highway Trafficim Safety Administration to require AM in new vehicles at no additional cost, citing safety for citizens, access to foreign language programming and more. While Ford’s change of heart takes some of the immediate heat off the industry, there’s no indication legislators won’t continue pushing the legislation. Reacting to the bill, the Alliance for Automotive Innovation called the bill unnecessary and said the Federal Emergency Management Agency’s Integrated Public Alerts and Warning System sends public safety messages across numerous platforms including FM radio, streaming sites, satellite radios, and cellular networks. Read the AP story here.

Industry News

Audacy Strikes Deal with AMG for New Audio Streams

Audacy and Allen Media Group announce a content distribution partnership that will allow Audacy to launch three new audio streams for AGM properties The Weather Channel television network, Pattrn, and The Weather Channel en Español. The companies say The Weather Channel stream will only be available duringim severe weather events as a live audio simulcast of The Weather Channel television channel. The Pattrn stream will be a daily live audio simulcast of the Pattrn FAST channel, which explores climate, the environment and how the Earth is changing and elevates new voices to imthe conversation. The Weather Channel en Español stream will be a daily live audio simulcast of The Weather Channel en Español network.  Audacy SVP digital audio content Tim Clarke says, “Audio and radio are time-tested, reliable ways for listeners to access critical and potentially life-saving information during severe weather events. This partnership will add a new layer to our best-in-class news content offering while expanding the reach of The Weather Channel’s broadcast weather coverage to Audacy app users across the country.”

Industry News

Salem Front and Center at NRB Conference

im

More than 4,000 Christian broadcasters are in Orlando this week attending the 79th annual National Religious Broadcasters conference. Among those in attendance are Florida Governor Ron DeSantis, evangelist Franklin Graham, and authors like FOX News personality Raymond Arroyo (above, left) being interviewed by Salem Radio Network news correspondent Lori Tradup (right.)

Industry Views

The Birth of the Car Radio

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

imA beautiful night. Paul Galvin and William Lear took their girlfriends to a romantic look-out view. Paul asked, “Isn’t this great?” His girlfriend replied, “It would better if we could hear music.”

That set Galvin and Lear on a mission to get entertainment into the car. A car radio. They were tinkerers. Galvin owned a failed battery manufacturing company. Lear and Galvin were smart but broke.

They ultimately invented a prototype radio for the car, but it was massive and complicated. No car battery could power it, the radio required its own big battery which was stored under the seat. The antenna was netting covering the roof. Their biggest challenge was static generated by the car’s starter, transmission, battery, lights – you name it. Galvin and Lear traced each source to correct the trouble-making components one by one. Parts of the radio had to be placed in different locations throughout the car. For example, the receiver was mounted on the engine, the controls on the dash.

Finally, still broke, they drove their Studebaker loaded with radio to the bank to apply for a loan to back the venture. The banker agreed to test drive the car for a night. Unfortunately, it caught fire in his garage and no loan was granted. Next Galvin traveled 800 hundred miles to a radio manufacturer convention. He sat outside the convention hall, played the radio loud and attracted enough orders for the radio to continue his quest.

The trouble continued. It was an expensive install: $600 for a $3,000 car. Many people thought it was dangerous to listen to the radio in the car – a distraction. Municipalities tried to ban it fearing it was a driver attention hazard. Supporters of the ban argued that many types of radio programming could put drivers to sleep. Surveys showed most Americans believed car radios were dangerous.

Oh, and the name they gave the device was horrible: 7FT1. Galvin came up with a new name that was both descriptive and synched with the times, Motorola. Partner William Lear went on the invent the Lear Jet.

Chevrolet installed the first reasonably priced Motorola radios in the early 1920s.

The objections were overcome by an initiative of the Radio Manufacturers Association: They argued that car radios actually helped people become better drivers. They pointed out that radios informed drivers about hazardous road conditions that lie ahead and weather conditions that may disrupt their travel. Supporters of car radios also said that radios actually helped to keep drivers awake when they became drowsy.

Conclusion: Are they nuts? A car can park itself but can’t handle an AM radio, those tech challenges were solved in 1920 – by the inventors of the Lear Jet and of your cell phone. Are manufacturers looking for a “display allowance?” Satellite radio was launched by paying zillions for a slot in the dash. Do carmakers want that for AM radios? Forget the EAS which nobody has ever heard and wasn’t activated during 9/11 in New York City. Weather, traffic, gospel, more gospel, compelling talk shows. (One Cleveland AM station runs the SAME Al Sharpton show from dusk Fridays till dawn Monday.) The better the shows, well, the better.

Sure, write your Member of Congress but you will find more vigilant allies among the preachers. You may recall that in the 1990s there was great debate about the proper deployment of the UHF spectrum. Allegedly, at his inauguration President Bill Clinton shook the hand of UHF TV icon, Billy Graham, who looked the president in the eye and said, “Don’t take away my TV stations.”

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

Industry Views

Monday Memo: Verbs?

By Holland Cooke
Consultant

imWarning: The Commonwealth of Massachusetts certified me to teach high school English, in the early 1970s, the last year certifications were for life. Though I was lured-away by VU-meter hypnosis, I still carry a red pen. And radio news has it running-dry.

This story was about a love triangle shooting.

— Here’s what listeners heard — read this aloud: “The woman’s husband arrested the wounded man taken to the hospital.”

— Here are the facts the writer obscured: Police arrested the woman’s husband, the accused shooter. The person he shot was hospitalized.

— As-is, the ear was told something very different when half-sentences ran-together.

Another example: “A cruise ship expected to take Americans out of Lebanon today.”

— I think he meant: “A cruise ship is expected to take Americans out of Lebanon today.”

— But the missing verb, the time zone difference, and the chaos in Lebanon were such that – as written — listeners could have inferred the copy to mean that a cruise ship was-expected-to evacuate Americans…until something went wrong.

im

Translation?

“A young mother murdered the suspect found dead.”

Huh?

“Woods asked directly about his future on the tour.”

It’s unclear whether this sentence means:

— Tiger Woods was asking about his future…OR…

— He was asked-about it.

Even a robot knows better

When I typed “Missing verbs confuse the ear,” ChatGPT replied:

“Yes, missing verbs can make sentences unclear and confusing to the listener or reader. Verbs are important components of a sentence as they express the action, state, or occurrence of the subject. They help to convey the intended meaning of the sentence and to show how different elements of the sentence relate to each other.”

And finally…

Never verb nouns.

KIDDING.

Old English teacher joke.

Holland Cooke (HollandCooke.com) is a consultant working at the intersection of broadcasting and the Internet. He is the author of “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 News

Lee Habeeb of Our American Stories is This Week’s Guest on Harrison Podcast

Going all the way back to the beginnings of language, meaningful communication between human beings has been built on the foundation of storytelling. One of modern talk radio’s greatest storytellers, Lee Habeeb, is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” Habeeb is the hostim and founder of “Our American Stories,” a storytelling radio show and podcast featuring narratives that represent the best of America: history, sports, music, free enterprise, charity, faith, family and more. It can be heard five days a week, two hours a night, on well over 250 affiliates, including many heritage outlets, across the country. And archives of the show are available as an evergreen series of podcasts. In 2021, “Our American Stories” was signed to a syndication deal with Premiere Networks, giving it an added layer of distribution muscle as the property continues to show non-stop growth and display tremendous compatibility with more traditional forms of news/talk radio programming. According to Harrison, “Lee Habeeb is one of the most positive, as well as successful, players in the news/talk radio community with a compelling message of goodness and unity. He is a shining light of hope and growth for our industry and America.” Listen to the podcast in its entirety here.

Industry News

News Pro Steve Clawson Dies at 64

Career news pro Steve Clawson has died at the age of 64. Clawson was most recently serving as managing editor and anchor for Skyview Networks. The company says of Clawson, “After beginning his career at WTRX in Flint, Michigan, he came to Arizona where he was a radio journalist at KTAR and KFYI, an assignment editorim at FOX’s KSAZ, a producer at PBS’s KAET, and whose voice was prominently featured in the 1989 award-winning documentary, Roger and Me. In 2018, Steve joined Skyview Networks’ Arizona and California News Radio teams, where he covered many news stories, including political elections and a recent interview with newly elected Arizona Governor, Katie Hobbs. Skyview Networks VP, news Jeff Scott says, “In addition to being an outstanding broadcaster and journalist, Steve was a wonderful person, with a kind word and a smile for everyone he encountered. I feel incredibly lucky to have known him for more than three decades, and for having worked alongside him at KTAR, KSAZ, and for the past several years at Skyview Networks. Please keep Steve in your thoughts and know that we will do our very best to carry on his tradition of excellence and service.”

Ratings Takeaways

April 2023 PPM Ratings Takeaways – Part Four

imApril 2023 PPM Data – Information for the April 2023 survey period has been released for Austin, Raleigh, Indianapolis, Milwaukee, Nashville, Providence, Norfolk, Jacksonville, West Palm Beach, Greensboro, Memphis, and Hartford.

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

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

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

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

AUSTIN

News/Talk: Waterloo Media Group’s KLBJ-AM “News Radio” 5.6 – 5.5, -.1, fourth to third

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: University of Texas’ KUT 5.3 – 4.7, -.6, fifth to seventh

Number One 6+: Waterloo Media Group adult hits KBPA, fourth month in succession, 8.7 – 9.7, +1.0

Largest 6+ March 2023 – April 2023 Increase: adult hits KBPA and rhythmic CHR KPEZ (+1.0)

Largest 6+ March 2023 – April 2023 Decrease: Spanish adult hits KLJA (-1.3)

RALEIGH

News/Talk: iHeartMedia’s WTKK “106.1 FM Talk” 8.3 – 8.8, +.5, locked in the runner-up slot

News: Capitol Broadcasting-owned WRAL-HD3 “WRAL News+” flat at .3, #23 to #15

Sports Talk: Capitol Broadcasting’s WCMC-FM “99.9 FM The Fan” (Carolina Hurricanes) 3.1 – 3.4, +.3, #11 to #8

Public Radio News/Talk: University of North Carolina at Chapel Hill-owned WUNC 7.5 – 8.0, +.5, anchored in third-place

Number One 6+: Urban One urban AC WFXC, fourth straight month, 9.6 – 9.3, -.3

Largest 6+ March 2023 – April 2023 Increase: urban contemporary WQOK and CHR WDCG (+.8)

Largest 6+ March 2023 – April 2023 Decrease: country WNCB (-.5)

INDIANAPOLIS

News/Talk: Urban One’s WIBC “93.1 FM Indy’s Mobile News” 8.1 – 6.4, -1.7, second to fourth

News: None in the top twenty

Sports Talk: Urban One-owned WIBC-HD2 “The Fan” 2.9 – 2.6, -.3, #12 to #13

Public Radio News/Talk: Metropolitan Indianapolis Public Broadcasting-owned WFYI 4.9 – 5.1, +.2, repeats in seventh-place

Number One 6+: Urban One adult contemporary WYXB, third month in a row, 9.0 – 8.4, -.6 and country cluster-mate WLHK, first month, 5.9 – 8.4, +2.5

Largest 6+ March 2023 – April 2023 Increase: country WLHK (+2.5)*

Largest 6+ March 2023 – April 2023 Decrease: news/talk WIBC (-1.7)**

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

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

MILWAUKEE

News/Talk: iHeartMedia’s WISN “News Talk 1130” unchanged at 9.7, #2 to #1

Good Karma Brands-owned WTMJ “Wisconsin’s Radio Station” (Bucks, Brewers) 7.4 – 9.2, +1.8, fourth to third

News: None in the top twenty

Sports Talk: iHeartMedia’s WRNW “97.3 The Game” flat at 1.3, repeats at #16

Good Karma Brands-owned WKTI “ESPN Milwaukee” 1.2 – 1.0, -.2, stays at #17

Public Radio News/Talk: University of Wisconsin-owned WUWM 2.1 – 2.8, +.7, #15 to #13

Number One 6+: news/talk WISN, first month, steady at 9.7

Largest 6+ March 2023 – April 2023 Increase: news/talk WTMJ (+1.8)

Largest 6+ March 2023 – April 2023 Decrease: urban contemporary WKKV (-1.1)

NASHVILLE

News/Talk: Cumulus Media’s WWTN “Super Talk 99.7” 6.9 – 6.7, -.2, locked in fourth-place

iHeartMedia-owned WLAC “Talk Radio 1510” 1.0 – 1.3, +.3, #20 to #17

News: None in the top twenty

Sports Talk: Cumulus Media’s WGFX “104.5 The Zone” 4.9 – 4.1, -.8, sixth to eighth   

Cromwell Radio Group-owned WPRT “102.5 The Game” (Predators) 1.1 – 1.3, +.2, #18 to #17

Public Radio News/Talk: Nashville Public Radio’s WPLN-FM 2.8 – 2.9, +.1, #12 to #13

Number One 6+: Midwest Communications adult contemporary WJXA, third month in succession, 14.7 – 13.3, -1.4

Largest 6+ March 2023 – April 2023 Increase: adult hits WCJK (+.8)

Largest 6+ March 2023 – April 2023 Decrease: adult contemporary WJXA (-1.4)

PROVIDENCE

 News/Talk: Cumulus Media’s WPRO-AM & WEAN “News Talk 630 AM & 99.7 FM” 6.0 – 5.7, -.3, sixth to seventh

iHeartMedia-owned WHJJ “News Radio 920” .3 – .4, +.1, remains at #17

News: None in the top twenty

Sports Talk: Beasley Media Group-owned WBZ-FM “98.5 The Sports Hub” (Bruins, Celtics) 3.6 – 3.8, +.2, anchored in eighth-place

Audacy’s WVEI “Sports Radio 103.7” 2.3 – 2.5, +.2, repeats at #10

Public Radio News/Talk: WGBH Educational Foundation-owned WGBH 3.2 – 3.4, +.2, steady at #9

Rhode Island Public Radio’s WNPN 1.7 – 1.5, -.2, #14 to #13

Number One 6+: Cumulus Media adult contemporary WWLI, seventh month in succession, 9.8 – 9.0, -.8

Largest 6+ March 2023 – April 2023 Increase: classic hits-oldies WWBB (+1.0)

Largest 6+ March 2023 – April 2023 Decrease: adult contemporary WWLI (-.8)

NORFOLK

News/Talk: Sinclair’s WNIS “News Talk AM 790” 2.6 – 2.8, +.2, #13 to #12

News: iHeartMedia-owned WNOH “BIN 105.3 Because Truth Matters” flat at .3, locked at #20

Sports Talk: Max Broadcast Group’s WVSP “94.1 ESPN” 1.8 – 2.0, +.2, #16 to #15

Sinclair’s WTAR “Sports Radio 850” unchanged at .3, continues at #20

Public Radio News/Talk: None in the top twenty

Number One 6+: Audacy urban AC WVKL, fourth straight month, 10.9 – 9.4, -1.5

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

Largest 6+ March 2023 – April 2023 Decrease: urban AC WVKL (-1.5)

JACKSONVILLE

News/Talk: Cox Media Group’s WOKV-FM “104.5 Jacksonville’s News & Talk” 7.0 – 6.1 -.9, repeats in sixth-place

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: WJCT, Inc.’s WJCT 3.3 – 3.2, -.1, flat at #11

Number One 6+: iHeartMedia urban AC WSOL, first month, 7.8 – 8.1, +.3 and Renda Broadcasting adult contemporary WEJZ, first month, steady at 8.1

Largest 6+ March 2023 – April 2023 Increase: urban contemporary WJGL-HD2 and its internet stream (+.6)

Largest 6+ March 2023 – April 2023 Decrease: country WQIK (-1.4)

WEST PALM BEACH

News/Talk: iHeartMedia’s WZZR “92.1 Real Radio” 1.9 – 1.8, -.1, repeats at #11

WZZR cluster-mate WJNO “News Radio 1290” 1.6 – 1.5, -.1, #12 to #13

Hubbard Broadcasting-owned WFTL “News Talk 850” 1.1 -.8, -.3, #14 to #16

News: None in the top twenty

Sports Talk: Hubbard Broadcasting’s WMEN “Fox Sports 640 AM South Florida” (Florida Panthers) steady at .5, stays at #18

iHeartMedia-owned WBZT “Sports Radio 1230 The Gambler” flat at .2, #19 to #20

Public Radio News/Talk: Dade County School Board’s WLRN 2.1 – 2.5, +.4, tenth to ninth

Number One 6+: Hubbard Broadcasting classic hits-oldies WEAT, third straight month, 10.4 – 11.8, +1.4

Largest 6+ March 2023 – April 2023 Increase: adult contemporary WOLL (+1.5)

Largest 6+ March 2023 – April 2023 Decrease: regional Mexican WLLY (-.9)

GREENSBORO

News/Talk: iHeartMedia’s WPTI “News Talk 94.5” 5.1 – 5.2, +.1, anchored in eighth-place

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: Wake Forest University’s WFDD 2.6 – 2.0, -.6, #11 to #12

University of North Carolina at Chapel Hill-owned WUNC 1.3 – 1.1, -.2, #15 to #13

Number One 6+: Audacy adult hits WSMW, fourth month in a row, 12.8 – 13.4, +.6

Largest 6+ March 2023 – April 2023 Increase: CHR WKZL (+.8)

Largest 6+ March 2023 – April 2023 Decrease: adult contemporary WMAG (-.7)

MEMPHIS

News/Talk: iHeartMedia’s WREC “News Talk 600 AM” 2.3 – 2.8, +.5, remains at #11

Starnes Media Group-owned KWAM “News Talk Memphis The Mighty 990” steady at .2, #20 to #19

News: None in the top twenty

Sports Talk: Audacy’s WMFS “Sports Radio 92.9” (Grizzlies) 3.8 – 3.2, -.6, seventh to tenth

WFMS’ internet stream .7 – .5, -.2, repeats at #16

Public Radio News/Talk: Mid-South Public Communications-owned WKNO 1.6 – 1.4, -.2, #13 to #14

Number One 6+: iHeartMedia urban AC KJMS, second straight month, 10.1 – 11.0, +.9

Largest 6+ March 2023 – April 2023 Increase: urban contemporary WHRK (+1.4)

Largest 6+ March 2023 – April 2023 Decrease: sports talk WMFS (-.6)

HARTFORD

News/Talk: Audacy’s WTIC-AM “News Talk 1080” 5.4 – 5.3, -.1, locked in sixth-place

Red Wolf Broadcasting-owned WDRC-AM “The Talk of Connecticut” 1.3 – 1.7, +.4, #15 to #14

WTIC-AM’s internet stream .4 – .6, +.2, #19 to #17

News: None in the top twenty

Sports Talk: iHeartMedia’s WUCS “97.9 ESPN” 1.7 – 1.3, -.4, #14 to #15

Public Radio News/Talk: Connecticut Educational Communications-owned WNPR 5.4 – 5.2, -.2, sixth to seventh

New England Public Media’s WFCR steady at .4, #19 to #18

Number One 6+: Audacy adult contemporary WRCH, 39th month in a row, 11.7 – 11.0, -.7

Largest 6+ March 2023 – April 2023 Increase: classic hits-oldies WHCN (+1.6)

Largest 6+ March 2023 – April 2023 Decrease: hot AC WTIC-FM (-1.1)

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

Industry News

NPR News Now Keeps #1 Spot on Triton Digital Podcast Chart

Triton Digital releases its ranker of the top 100 U.S. podcasts for April 2023 based on Weekly Average Downloads and NPR’s “NPR News Now” stays at #1, followed by audiochuck’s “Crime Junkie” at #2, andim NPR’s “Up First” at #3, bumping Cumulus Podcast Network’s “The Ben Shapiro Show” to the #4 rank. Other commercial radio-related podcasts ranking high on this month’s chart include Cumulus Podcast Network’s “The Dan Bongino Show” (#7), Salem Podcast Network’s “The Charlie Kirk Show” (#17), and Cumulus Podcast Network’s “The Matt Walsh Show” and “Mark Levin Podcast” at #21 and #22, respectively. See the complete ranker here.

Ratings Takeaways

April 2023 PPM Ratings Takeaways – Part Three

imApril 2023 PPM Data – Information for the April 2023 ratings period has been released for Portland, Charlotte, San Antonio, Sacramento, Pittsburgh, Salt Lake City, Las Vegas, Orlando, Cincinnati, Cleveland, Kansas City, and Columbus.

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

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

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

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

PORTLAND

News/Talk: Alpha Media’s KXL “FM 101 News” 5.7 – 5.3, -.4, anchored in fourth-place

iHeartMedia-owned KEX “News Radio 1190” 2.4 – 1.7, -.7, #16 to #20

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: Oregon Public Broadcasting’s KOPB 7.4 – 7.5, +.1, remains at #3

KOPB’s internet stream steady at 2.0, #20 to #19

Number One 6+: iHeartMedia adult contemporary KKCW, second straight month, 10.2 – 10.4, +.2

Largest 6+ March 2023 – April 2023  Increase: country KWJJ (+1.2)

Largest 6+ March 2023 – April 2023  Decrease: news/talk KEX and jazz KMHD’s internet stream (-.7)

CHARLOTTE

News/Talk: Urban One-owned WBT-AM/FM “Charlotte’s News Talk” flat at 5.2, fourth to fifth

News: None in the top twenty

Sports Talk: Urban One’s WFNZ-FM “Sports Radio 92.7” (Hornets) 2.6 – 2.0, -.6, repeats at #16

Public Radio News/Talk: University Radio Foundation’s WFAE 3.8 – 3.7, -.1, #11 to #10

South Carolina Educational Television Commission-owned WNSC .5 – .7, +.2 #21 to #20

Number One 6+: Beasley Media Group urban AC WBAV, fourth straight month, 7.9 – 8.7, +.8

Largest 6+ March 2023 – April 2023  Increase: urban-rhythmic oldies WOSF (+1.3)

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

SAN ANTONIO

News/Talk: Alpha Media-owned KTSA “Stay Connected” unchanged at 3.6,  #13 to #10

iHeartMedia’s WOAI “News Radio 1200” (Spurs) steady at 3.4, #14 to #12

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: Texas Public Radio’s KSTX 1.8 – 2.0, +.2, repeats at #18

Number One 6+: Cox Media Group classic hits-oldies KONO-FM, fourth consecutive month, 7.8 – 8.3, +.5

Largest 6+ March 2023 – April 2023  Increase: adult contemporary KQXT (+1.3)

Largest 6+ March 2023 – April 2023  Decrease: rhythmic hot AC KVBH (-1.0)

SACRAMENTO

News/Talk: iHeartMedia-owned KFBK-AM & KFBK-FM “News 1530 AM & 93.1 FM” steady at 9.4, #1

KFBK-AM & KFBK-FM cluster-mate KSTE-AM “Talk 650” 4.2 – 3.7, -.5, sixth to ninth

News: None in the top twenty

Sports Talk: Bonneville-owned KHTK “Sacramento Sports 1140” (Kings) 1.3 – 1.7, +.4, #19 to #17

Public Radio News/Talk: Capital Public Radio-owned KXJZ 3.5 – 3.1, -.4, #10 to #12

Number One 6+: news/talk KFBK-AM & KFBK-FM, fourth month in succession, steady at 9.4

Largest 6+ March 2023 – April 2023  Increase: urban-rhythmic oldies KHYL (+1.0)

Largest 6+ March 2023 – April 2023  Decrease: classical KXPR (-.6)

PITTSBURGH

News/Talk: Audacy’s KDKA-AM “News Radio 1020 AM” 3.5 – 3.8, +.3, #13 to #11

News: None in the top twenty

Sports Talk: Audacy-owned KDKA-FM “93.7 The Fan All Sports All The Time” (Pirates) 6.8 – 7.1 +.3, anchored in fourth-place

Public Radio News/Talk: Pittsburgh Community Broadcasting’s WESA 3.9 – 4.0, +.1, #12 to #9

Number One 6+: iHeartMedia classic hits-oldies WWSW, fifth month in a row, 10.8 – 10.1, -.7

Largest 6+ March 2023 – April 2023  Increase: CHR WKST and hot AC WLTJ (+.6)

Largest 6+ March 2023 – April 2023  Decrease: country WDSY (-.8)

SALT LAKE CITY

News/Talk: Bonneville-owned KSL “News Radio 102.7 FM & 1160 AM” 5.1 – 6.5, +1.4, fourth to second

iHeartMedia’s KNRS-AM & KNRS-FM “Talk Radio” 4.8 – 5.0, +.2, repeats in sixth-place

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: University of Utah’s KUER 3.3 – 3.0, -.3, #11 to #14

Number One 6+: Bonneville adult contemporary KSFI, sixth straight month, 12.0 – 11.9, -.1

Largest 6+ March 2023 – April 2023  Increase: news/talk KSL (+1.4)

Largest 6+ March 2023 – April 2023  Decrease: country KSOP-FM (-1.5)

LAS VEGAS

News/Talk: Audacy-owned KMXB-HD3 “101.5 K-Dawn The Talk Of Las Vegas” 2.0 – 1.8, -.2, #19 to #20

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: None in the top twenty

Number One 6+: iHeartMedia adult contemporary KSNE, seventh successive month, 10.0 – 11.2, +1.2

Largest 6+ March 2023 – April 2023  Increase: CHR KLUC (+1.6)

Largest 6+ March 2023 – April 2023  Decrease: Spanish contemporary KRGT  (-.8)

ORLANDO

News/Talk: iHeartMedia’s WTKS “Real Radio 104.1” 5.0 – 5.1, +.1, locked in eighth-place

Cox Media Group-owned WDBO “Orlando’s News Talk” 3.7 – 3.5, -.2, repeats at #11

News: None in the top twenty

Sports Talk: iHeartMedia’s WYGM “96.9 The Game” (Magic) .4 – .7, +.3, #21 to #20

Public Radio News/Talk: Community Connections-owned WMFE 2.1 – 2.2, +.1, #16 to #14

Number One 6+: Cox Media Group classic rock WMMO, first month, 6.3 – 9.4, +3.1

Largest 6+ March 2023 – April 2023  Increase: classic rock WMMO (+3.1)*

Largest 6+ March 2023 – April 2023  Decrease: urban contemporary WTKS-HD2 (-1.5)

*Represents the largest March 2023 – April 2023  increase (6+) of any station from all 36 PPM-markets analyzed thus far

CINCINNATI

News/Talk: iHeartMedia-owned WLW “700 Cincinnati’s News Radio” (Reds) 11.1 – 11.6, +.5, #1

cluster-mate WKRC “55 KRC The Talk Station” 3.3 – 3.5, +.2, #11 to #9

News: None in the top twenty

Sports Talk: None in the top twenty

Public Radio News/Talk: Cincinnati Public Radio’s WVXU 4.4 – 4.9, +.5, seventh to sixth

Number One 6+: news/talk WLW, 15th consecutive month, 11.1 – 11.6, +.5

Largest 6+ March 2023 – April 2023  Increase: rock WEBN (+.7)

Largest 6+ March 2023 – April 2023  Decrease: rhythmic hot AC WREW (-.6)

CLEVELAND

News/Talk: iHeartMedia’s WTAM “News Radio 1100” (Cavaliers, Guardians) 5.2 – 6.6, +1.4, tenth to sixth

News: None in the top twenty

Sports Talk: Audacy’s WKRK “Sports Radio 92.3 The Fan” 4.8 – 4.4, -4, #11 to #10

WKRK’s internet stream flat at 1.1, remains at #16

Public Radio News/Talk: Kent State University-owned WKSU 5.7 – 6.0, +.3 eighth to ninth

Number One 6+: iHeartMedia classic hits-oldies WMJI, sixth month in a row, unchanged at 10.0

Largest 6+ March 2023 – April 2023  Increase: rock WMMS (+1.9)

Largest 6+ March 2023 – April 2023  Decrease: urban contemporary WENZ (-3.1)**

**Represents the largest March 2023 – April 2023  decrease (6+) of any station from all 36 PPM-markets analyzed thus far

KANSAS CITY

News/Talk: Audacy-owned KMBZ-FM “98.1 FM News, Traffic, Weather” 4.4 – 4.6, +.2, repeats in ninth-place

KMBZ-FM cluster-mate KMBZ-AM “Talk 980 AM” 1.2 – 1.3, +.1, stays at #20

News: None in the top twenty

Sports Talk: Audacy’s KCSP “Sports Radio 610 Our Teams, Our Town” (Royals) 2.1 – 3.2, +1.1, #16 to #13

Public Radio News/Talk: University of Missouri-owned KCUR 5.0 – 4.6, -.4, fifth to ninth

Number One 6+: Cumulus Media classic rock KCFX, first month, 7.8 – 8.5, +.7

Largest 6+ March 2023 – April 2023  Increase: sports talk KCSP (+1.1)

Largest 6+ March 2023 – April 2023  Decrease: classic hits-oldies KCMO-FM’s internet stream (-.9)

COLUMBUS

News/Talk: iHeartMedia-owned WTVN “News Radio 610” 6.0 – 6.4, +.4, sixth to third   

News: None in the top twenty

Sports Talk: Tegna-owned WBNS-FM “97.1 FM The Fan” (Blue Jackets) 6.2 – 5.3, -.9, repeats in fourth-place

Public Radio News/Talk: Ohio State University’s WOSU 6.2 – 4.9, -1.3, fourth to eighth

Number One 6+: iHeartMedia country WCOL, sixth straight month, 9.5 – 9.2, -.3

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

Largest 6+ March 2023 – April 2023  Decrease: classic rock WLVQ and public radio news/talk WOSU (-1.3)

Up next: April 2023 overviews for Austin; Raleigh; Indianapolis; Milwaukee; Nashville; Providence; Norfolk; Jacksonville; West Palm Beach; Greensboro; Memphis; and Hartford.

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

Industry News

Dan Bongino Reverses Course as Cumulus Ends COVID Vaccine Mandate

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

Industry News

Edison Research’s Top Podcasts for October ‘22 – March ‘23

Edison Research publishes its latest podcast rankings from October 2022 through March 2023 based on weekly reach among those age 13+. Edison notes that the top four podcasts in this list of 50 did not change from its previous ranker. Those are: 1) The Joe Rogan Experience; 2) Crime Junkie; 3) The Daily; 4) Thisim American Life. Other radio related podcasts that placed in the top 50 include “The Ben Shapiro Show” (#8), “The Ramsey Show” (#17), and “The Dan Bongino Show” (#25). The latest ranker from Edison Podcast Metrics shows the Top 50 Podcasts based on weekly audience reach and reflects two significant updates to the service that were implemented last year. The sample has been expanded to include weekly podcast listeners age 13-17. This measurement allows podcast producers and networks to understand the teen segment of the Gen Z podcast listeners. The ranker also includes increased sample size, which allows for more recency in reporting and robust cuts of data. The latest ranker includes measurement from the previous two quarters with a total sample size of 10,797 weekly podcast listeners age 13+.

Industry News

Newsmax Beats CNN in May 12 Prime Time Ratings

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

Industry News

Larry Elder Fined by California’s Fair Political Practices Commission

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

Ratings Takeaways

April 2023 PPM Ratings Takeaways – Part Two

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

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

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

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

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

WASHINGTON, DC

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

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

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

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

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

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

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

BOSTON

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

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

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

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

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

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

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

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

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

MIAMI

News/Talk: None in the top twenty

News: None in the top twenty

Sports Talk: None in the top twenty

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

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

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

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

SEATTLE

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

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

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

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

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

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

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

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

DETROIT

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

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

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

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

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

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

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

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

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

PHOENIX

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

News: None in the top twenty

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

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

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

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

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

MINNEAPOLIS

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

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

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

News: None in the top twenty

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

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

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

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

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

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

SAN DIEGO

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

News: None in the top twenty

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

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

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

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

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

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

TAMPA

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

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

News: None in the top twenty

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

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

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

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

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

DENVER

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

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

News: None in the top twenty

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

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

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

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

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

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

BALTIMORE

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

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

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

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

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

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

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

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

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

ST. LOUIS

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

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

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

News: None in the top twenty

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

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

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

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

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

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

 Email Mike Kinosian at Mike.Kinosian@gmail.com

Ratings Takeaways

April 2023 PPM Ratings Takeaways – Part One

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

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

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

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

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

NEW YORK

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

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

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

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

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

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

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

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

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

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

LOS ANGELES

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

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

Sports Talk: None in the top twenty

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

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

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

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

CHICAGO

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

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

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

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

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

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

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

SAN FRANCISCO

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

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

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

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

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

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

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

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

DALLAS

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

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

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

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

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

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

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

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

HOUSTON

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

News: None in the top twenty

Sports Talk: None in the top twenty

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

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

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

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

ATLANTA

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

News: None in the top twenty

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

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

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

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

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

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

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

PHILADELPHIA

News/Talk: None in the top twenty

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

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

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

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

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

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

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

LONG ISLAND

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

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

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

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

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

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

Public Radio News/Talk: None in the top twenty

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

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

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

RIVERSIDE

News/Talk: None in the top twenty

News: None in the top twenty

Sports Talk: None in the top twenty

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

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

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

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

SAN JOSE

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

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

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

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

Public Radio News/Talk: None in the top twenty

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

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

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

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

MIDDLESEX

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

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

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

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

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

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

Public Radio News/Talk: None in the top twenty

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

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

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

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

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

Industry Views

Pending Business: Obstacles to Sales Productivity

By Steve Lapa
Lapcom Communications Corp
President

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

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

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

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

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

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

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

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

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

Steve Lapa is the president of Lapcom Communications Corp. based in Palm Beach Gardens, FL. Lapcom is a media sales, marketing, and development consultancy. Contact Steve Lapa via email at: Steve@Lapcomventures.com. Steve Lapa will be moderating the “Generating Revenue” panel at TALKERS 2023 on Friday, June 2 at Hofstra University.

Industry Views

Monday Memo: Apple Heaven and Hell

By Holland Cooke
Consultant

imEver lost your phone? It’s an instant sick, sinking feeling. It’s quaint to even call it a “phone,” because it’s…everything. Including us. Like the transistor radio Boomers toted in our youth, it’s audio in your pocket.

For broadcasters and podcasters, a smartphone can be the whole toolbox. MOVIES are being shot on the newest iPhone. The cameras and editing apps are that good. TV and radio can go live, anywhere there’s a signal. And, like Alexa, Siri is conversant. Dictation isn’t just a convenient voice-to-text appliance. It makes lots of apps lots handier, and safer while driving. So, when, suddenly, my phone couldn’t hear me anymore, I went Code Red.

“Testing…testing…”

First triage: Google. But when I satisfied myself that all my settings were as they should be, I needed a person. As expected, the patient expert on Apple’s Support line had a thick foreign accent and great people skills. She had me repeating all the steps Google recommended, and told me I had to update my OS. When repeated attempts failed, I needed in-person handholding, a/k/a The Genius Bar.

Just TRY calling an Apple Store. The local number for the Providence Place Mall location rings in Texas I was told, after I cheated by reaching out to a friend who works for Apple and got me in the door. The irony is painful: They sell telephones but can’t answer one.

im

Antiques Roadshow

I’ll seem my age if it’s 2023, and I’m still toting iPhone 8. Hey, it worked…until it didn’t. And the Genius Bar person explained that it had missed too many OS updates to ever catch-up. And when she ran diagnostics, enough other issues warranted the handoff to sales.

Dazzling as the latest-greatest are, I went with SE, same size/shape/appearance as the 8 being retired. It snapped right into the decorative Block Island cover case that had saved the old phone from so many drops. In the survey Apple emailed later that day, I couldn’t say enough about Matty, the sales guy who walked me through setting-up the new phone. All better now, and although it’s now sans SIM card, the retired 8 phone is a spare tire. If I want to talk to it, I’ll need earbuds. But it’s an otherwise functional iPod that will Facetime, Email, you-name-it, via WiFi.

So then?

With most AM/FM broadcast hours now automated or syndicated, stations that make local human connections will be conspicuous; and niche-topic podcasts will ooze “community.”

I write lots of commercials, and – where pertinent – we assure that “you won’t land in voicemail.” And we’ll emphasize one-on-one support. Here’s how one client – the voice you hear is the owner, whose stations are 100 miles from Dallas – sells expensive cameras, at a store in Dallas: http://getonthenet.com/CompetitiveCameras.mp3

Holland Cooke (HollandCooke.com) is a consultant working at the intersection of broadcasting and the Internet. He is the author of “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 News

CONFERENCE CLOSER: John Catsimatidis to Tackle AM Car Radio Issue

WABC, New York/Red Apple Media CEO, John Catsimatidis is set to deliver the closing keynote address at TALKERS 2023 on Friday, June 2 at Hofstra University on Long Island. The speech, titled, “AM Radio and the Automobile Industry,” will be the highlight of the event’s closing reception and tackle the existential issue facingim the industry as a number of car manufacturers unveiled controversial intentions to eliminate AM radios from the dashboard of electric and even gas vehicles going forward. In making the announcement about this additional agenda element, TALKERS publisher Michael Harrison stated, “The automobile issue is rocking the industry and John Catsimatidis has been stepping up to the plate in defense of both radio and good sense. He brings his formidable influence into the arena and we are delighted that he will be delivering a major address to that effect on June 2 at the conference. He has become a radio hero, and this will be another key moment in his growing legacy… and hopefully in prolonging the valuable life of both the AM and FM bands.”

Historic conference nearing sellout

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

Industry News

Our American Stories Offers Memorial Day Special

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

Industry News

Edison Research: Moms Flocking to TikTok

Edison Research releases its latest Moms and Media 2023 report and concludes that American moms “are spending more time on the Internet, increasingly embracing digital devices, and using TikTok more.” The report states that U.S. moms self-reported using the Internet 15 minutes more per day than they did in 2022, for aim total of four hours and 15 minutes per day. Ninety percent of moms access the internet from their mobile phones. It also says that TikTok is used by 50% of U.S. moms, up from 42% in 2022, while Facebook is used by 83% of U.S. moms, down from 88% in 2022. Edison Research VP Melissa DeCesare says, “U.S. moms are heavily engaged with social media and online audio, and their time on the Internet continues to increase with the ease of mobile phone access. They are busy with children and are taking advantage of the convenience offered by wireless headphones and smart watches.” Download the report here.

Industry News

Audacy First Quarter Revenue Falls 5.7%

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