Industry News

TALKERS News Notes

Industry News

Audacy’s WCCO, Minneapolis Celebrates 100th Anniversary

Industry News

Audacy: Radio Listeners Seek Election News

Audacy announces that its Election Tracker finds that a significant majority of AM/FM listeners – 70% ofim weekly radio listeners and 80% of weekly radio streamers – are actively tuning into election news on the radio. Audacy says, “It’s more than just staying informed; these listeners are inspired to make their voices heard at the polls. Local radio is essential for these audiences, with 74% saying it helps them grasp how election results impact their communities. For many, radio is the pulse of the nation’s agenda. Nearly half (46%) of listeners have been following election news closely for over three months.” Read more here.

Industry News

WWO: Radio and Podcast Listeners Are Home Improvement Consumers

The most recent blog post from the Cumulus Media | Westwood One Audio Active Group reveals data from research indicating that heavy AM/FM listeners and heavy podcast listeners “spend significantly more on home improvement than heavy TV viewers.” Other takeaways from the research include: 1) Audio is an idealim media platform to tout home improvement e-commerce as heavy AM/FM radio and podcast listeners are more likely to shop online; 2) AM/FM radio generates significant incremental reach for home improvement TV campaigns: Recent TV campaigns for The Home Depot saw significant lift in reach with the addition of AM/FM radio, especially among younger demos; 3) AM/FM radio generates three times the sales lift of TV in a historic Nielsen TV and AM/FM radio sales effect study for a home improvement retailer; and 4) Home improvement media plans are overweight on linear TV and underweight on audio: The optimized plan should consist of 45% AM/FM radio, 30% linear TV, and 24% podcasts. See the blog post here.

Industry News

Casey Bartholomew and WBAP, Dallas Ink Renewal

Cumulus Media’s news/talk WBAP-AM/FM, Dallas and talk host Casey Bartholomew agree to a newim contract. Bartholomew tells TALKERS, “After two successful years where my show increased the numbers of the previous, political show by as much as 350%, I have re-signed with News Talk 820 and 93.3 WBAP in Dallas, TX. So, I’ll be holding down the 9a-11a slot for at least another 2 years.”

Industry News

Westwood One Extends Its “Bob & Tom Show” Partnership

Westwood OneAs part of a newly-signed pact between the “The Bob & Tom Show” and Cumulus Media’s Westwood One, the award-winning comedic morning drive program will remain on an affiliate base that includes 17 Cumulus Media stations. Westwood One president/Cumulus Media executive vice president of corporate strategy and development Collin R. Jones states, “‘The Bob & Tom Show’ has been making Americans laugh each morning for more than 25 years. It is an impressive achievement when a program can drive audience numbers and advertiser interest for a Bob and Tomstretch this long. We at Westwood One are honored to continue our relationship with this exceptionally talented cast for years to come.” Host Tom Griswold comments, “We are truly pleased to continue working with our long-term partner, Westwood One, and with our incredible Cumulus Media affiliates. We have terrific teams and look forward to entertaining listeners with the funniest morning content available. The radio party rolls on – turn it up.” Inducted into the Radio Hall of Fame, “The Bob & Tom Show” airs weekdays 6:00 am – 10:00 am (ET) on over 100 stations and is available to stations of all formats.

Industry News

SiriusXM Sets DNC Schedule

Sirius XM
SiriusXM’s coverage of the Democratic National Convention will begin next Monday (8/19) at 7:00 am (ET) with Zerlina Maxwell’s “Mornings with Zerlina” on Progress (channel 127). Throughout the week she’ll interview politicians and experts, as well as provide her analysis of the previous night’s key moments. Another Progress host, Michelangelo Signorile, will walk throughout Chicago’s United Center, interviewing politicians; spokespeople; and experts. “Tell Me Everything” host John Fugelsang (9:00 am – 12:00 noon, ET) will anchor primetime coverage onsite. Meanwhile, SiriusXM POTUS (channel 124) hosts Steve Scully and Julie Mason will do their shows live from Chicago all week. Among others, Mason’s early confirmed guests include Colorado Senator Michael Bennet; Michigan Representative Debbie Dingell; Oregon Senator Jeff Merkley; and Florida Representative Debbie Wasserman Schultz. Weeknight political program “RealClearPolitics” (6:00 pm – 7:00 pm, ET) will broadcast live from the POTUS set on “Media Row” throughout the DNC. In addition to hosting their own shows, Scully and Mason will anchor special primetime coverage from inside the arena starting at 8:00 pm (ET), where they’ll provide analysis and also air the night’s big speeches.

Industry News

Union Comments on Audacy’s WCBS-AM, New York Decision

The radio industry was in shock yesterday after Audacy announced it will shut down the all-news format on New York’s legendary WCBS-AM and lease the signal to Good Karma Brands for its “ESPN New York” sports talk format. The Writers Guild of America East represents news staffers at the station, and it had theim following response to the company’s decision: “The Writers Guild of America East is devastated that Audacy, the second largest radio company in America, today announced that they are shutting down WCBS Newsradio 880, a trusted news source for New Yorkers since 1924. There were 23 WGA East members laid off by Audacy, and we expect the company to comply with the applicable provisions in our collective bargaining agreement, including guaranteed severance. Audacy is the owner of more than 200 radio stations in nearly 50 markets. The closure of WCBS Newsradio 880 is another example of consolidation by a major media conglomerate, which ultimately deprives the public of critical local news stories with different perspectives. Audacy’s decision is even more egregious given that this is a critical election year. This is a giant loss for New York City and the news industry at large.”

Industry News

Audacy Q2 Net Revenue Rises 1%

Audacy reports its operating results for the second quarter of 2024 and reveals net revenue of $301.6 million, an increase of 1% over the same period in 2023. After reporting a net loss of $125.8 million in Q2 of 2023, the company reports net income of $2.9 million in the second quarter of this year. Looking at Audacy’s business segments, Local and National Spot revenue was $179.6 million, a decline of almost 4% from a year ago; Digital (including podcasting) revenue was $74.4 million, an increase of 11.6%; and Network revenueim was $22.3 million, up 7% over Q2 of 2023. Audacy also breaks out revenue by radio format categories and while Sports radio revenue was $71.1 million (up 8.3% over last year), News/Talk revenue was $43 million (a decline of 2.3% from the same period a year ago). Audacy chairman, president and CEO David J. Field comments, “Audacy continued to deliver strong 2024 financial performance with Q2 Adjusted EBITDA more than doubling, up 116% vs. prior year. For the first six months of 2024, Adjusted EBITDA is up 128%. Our accelerating financial performance reflects our significant revenue share gains, low-teen growth in digital advertising, high single-digit growth in network radio, and prudent expense reductions, offsetting continued weakness in traditional ad markets. Notably, our transformational, strategic investments are emerging as a critical driver in our accelerating performance. Recent improvements in our streaming and podcasting platforms, along with further enhancements to our digital monetization and programmatic capabilities are increasing their impact on our top-line and bottom-line results. As previously announced, we received court approval of our consensual pre-packaged Plan of Reorganization in February and are awaiting FCC approval to complete the process. We continue to expect final approval and emergence to occur during the current quarter. The third quarter is currently pacing up low-single digits, and we expect another quarter of significant Adjusted EBITDA growth.”

Industry News

Sports Gives Way to Religion on XEPRS, Tijuana

According to a report in the Times of San Diego, “The Mightier 1090 ESPN” format has been replaced by Spanish-language Catholic programming on the venerable XEPRS, Tijuana, Mexico. After previous sports format operator Broadcasting Corporation of the Americas lost its lease on the station owned byim Interamercana de Radio SA de CV, Flagstaff, Arizona-based ad agency owner Bill Hagen leased the signal and launched a new sports format as “The Mightier 1090 ESPN” built around San Diego sports talk personalities including Scott Kaplan. Hagen tells the Times he’s not disappointed and says considering the launch of the station during the beginning of the pandemic in 2020 was definitely a challenge. He says, “We accomplished something that had never been done before and during a very challenging time in the economy and broadcasting.” Read the Times story here.

Uncategorized

iHeartMedia Q2 Consolidated Revenue Up 1%

iHeartMedia reports operating results for the second quarter of 2024 and reveals consolidated revenue of $929 million, an increase of 1% over the same period on 2023. iHeartMedia reports its business in three segments. The Multiplatform Group – which includes its AM/FM radio stations – achieved revenue of $575.9 million – a decline of 3.4% over the same period in 2023. The Digital Audio Group’s revenue was $285.6 million – an increase of 9.5% over Q2 of 2023. The Audio & Media Services Group revenue was $70 million – an increase of 6.5% over the second quarter of 2023. iHeartMedia chairman and CEO Bob Pittmanim comments, “Our second quarter results mark the first quarter that our consolidated revenues increased year-over-year since Q4 2022. We continue to see strong momentum in our podcast business, our Digital ex. Podcast business, and have seen sequential improvement of our Multiplatform Group’s year-over-year revenue performance. This performance is built on iHeartMedia’s strong and unparalleled audience and demonstrates the progress we are making in maximizing the monetization of it.” Company COO and CFO Rich Bressler adds, “We continue to see signs of improvement throughout our business and the broader advertising marketplace, and our second quarter 2024 results were in line with, and in the cases of revenue, slightly above guidance. Our high-growth Digital Audio Group revenues were up 10% year over year, and represented 31% of our company’s revenues, and our Multiplatform Group revenues exceeded our previously provided guidance. Our full year 2024 political revenues are currently pacing approximately 20% higher than the last presidential election cycle, which gives us confidence that this will be a record political year for us, and we expect to see a significant year-over-year improvement in our full year Adjusted EBITDA performance.”

Industry News

Urban One Q2 Revenue Declines 9.2%

Second quarter 2024 net revenue for Urban One Inc. was $117.7 million, a decrease of 9.2% from Q2 of 2023. Breaking down Urban One’s report by segment, the Radio Advertising segment brought in revenue of $45.4 million, basically flat from one year ago. Digital Advertising revenue for Q2 of 2024 was $15.5 million, a decrease of 17.6%. The biggest change for Urban One was Cable Television Advertising, which brought inim $22.2 million, a decline of 26.7% from the same period in 2023. Urban One CEO and president Alfred C. Liggins III states, “On a same station basis our radio division finished Q2 -5.6% excluding political, and -3.0% with political. We saw a sequential improvement in national revenues vs. Q1, which was offset by weaker local revenues. Q3 core radio revenue is currently pacing down 6.9% on a same station basis, down 5.1% including political, and up 7.0% overall. We are starting to see a significant uptick in political advertising revenues, and remain optimistic for the remainder of the year, which should benefit both our radio and digital divisions. Our Cable TV business continues to suffer from subscriber churn and audience delivery shortfall, impacting both advertising and affiliate revenues, although we are seeing a bounce-back in ratings and delivery in Q3. Our digital business experienced weaker advertising demand than prior year but remains well positioned for the second half of the year, particularly with political and CTV advertising. During Q2 we repurchased an additional $35.5 million of our 2028 notes at 78.0%, and we ended the quarter with approximately $132.4 million of cash.”

Ratings Takeaways

July 2024 PPM Ratings – Part Two

imJuly 2024 PPM Data – Information for Nielsen Audio’s July 2024 ratings period (June 20 – July 17) has been released for: Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis.

No share or rank thresholds are required for spoken-word stations to be included here.

DNA – DNA = Did Not Appear – Does Not Appear

Comparisons are June 2024 – July 2024 (6+). 

WASHINGTON, DC

News/Talk

WMAL 3.6 – 3.6, #11 – #11

WFED .1 – DNA, #30 – DNA (Nationals)

News

WTOP & WTLP 9.5 – 10.7, #2 – #1

Business News WDCH .6 – .8, #23 – #20

Business News WDCH Stream DNA – DNA, DNA – DNA

WMZQ-HD2 Black Information Network DNA – DNA, DNA – DNA

WUST DNA – DNA, DNA – DNA

Sports Talk

WJFK-FM 1.4 – 1.7, #17 – #17 (Nationals)

WJFK-FM Stream .6 – .7, #23 – #22 (Nationals)

WTEM .2 – .4, #27 – #26

WTEM Stream .2 – .1, #28 – #30

WSBN .1 – .1, #30 – #30

WTSD DNA – DNA, DNA – DNA

WJFK-AM DNA – DNA, DNA – DNA (Nationals)

Public Radio News/Talk

WAMU 11.3 – 10.4, after 32 months in succession at #1, slips to #2 

Notes: Not only is WTOP & WTLP’s +1.2 (9.5 – 10.7) Washington, DC’s largest (6+) June 2024 – July 2024 increase, the all-news outlet advances to #1, thus ending public radio news/talk WAMU’s consecutive string of consecutive months on top at 32. 

BOSTON

News/Talk

WRKO 2.9 – 3.3, #13 – #10

WXKS-AM .6 – .8, #23 – #23

News

News – Talk WBZ-AM 4.7 – 4.7, #7 – #6

Business news WRCA .1 – .2, #28 – #25

Black Information Network WJMN-HD2 DNA – DNA, DNA – DNA

Sports Talk

WBZ-FM 9.9 – 7.7, seventh straight month at #1

WEEI-FM 3.5 – 4.1, #10 – #8 (Red Sox)

WVEI-AM DNA – .2, DNA – #25

WEEI-FM Stream DNA – DNA, DNA – DNA (Red Sox)

WEEI-AM DNA – DNA, DNA – DNA (Red Sox)

Public Radio News/Talk

WBUR 5.4 – 5.1, #5 – #5

WGBH 3.1 – 3.1, #11 – #13 

Notes: Whereas sports talk/Red Sox flagship WEEI-FM’s +.6 (3.5 – 4.1) is Boston’s largest (6+) June 2024 – July 2024 increase, similarly-formatted WBZ-FM’s -2.2 (9.9 – 7.7) represents the most significant (6+) June 2024 – July 2024 decrease by any station in the 24 PPM-markets analyzed thus far. Nonetheless, WBZ-FM is #1 for the seventh month in a row.

MIAMI

News/Talk

WIOD 1.9 – 1.9, #21 – #21

WFTL DNA – .1, DNA – #37

News

WXBN Black Information Network DNA – DNA, DNA – DNA

Sports Talk

WQAM Stream .4 – 1.3, #32 – #23

WQAM 1.1 – 1.0 #23 – #24

WINZ .5 – .5, #31 – #30 (Marlins)

WMEN .1 – .1, #38 – #37

WSFS-HD2 DNA – DNA, DNA – DNA

WAXY DNA – DNA, DNA – DNA

Public Radio News/Talk

WLRN 4.3 – 4.5, #7 – #7

WLRN-HD2 DNA – .1, DNA – #37

WLRN-HD2 Stream DNA – .1, DNA – #37

SEATTLE

News/Talk

KTTH 2.0– 2.7, #22 – #16

KVI 2.1 – 2.5, #21  – #20

KPTR .1 – .1, #29 – #29

KIRO-FM 4.9 – DNA, #5 – DNA

News

KNWN-AM & KNWN-FM 2.5 – 3.6, #18 – #10

KHHO Black Information Network DNA – DNA, DNA – DNA

Sports Talk

KIRO-AM 3.9 – 3.7, #10 – #9 (Mariners)

KJR-FM 1.6 – 1.7, #23 – #22

KJR-AM .6 – .3, #26 – #26

Public Radio News/Talk

KUOW 6.6 – 7.7, #2 – #1

KSWS DNA – DNA, DNA – DNA 

Notes: The +1.1 by public radio news/talk KUOW (6.6 – 7.7) and all-news KNWN-AM & KNWN-FM (2.5 – 3.6) is Seattle’s largest (6+) June 2024 – July 2024 increase.

News/talk KIRO-FM was ranked fifth in June 2024 (4.9, 6+), but is unlisted in July 2024. 

DETROIT

News/Talk

WJR 1.9 – 2.6, #16 – #16

WFDF .5 – .5, #22 – #22

WJR Stream DNA – DNA, DNA – DNA

News

WWJ 4.7 – 5.0, #9 – #9

WWJ Stream .3 – .4, #24 – #24

WDFN Black Information Network .1 – .1, #26 – #27

Sports Talk

WXYT-FM 7.5 – 7.8, #2 – #2 (Tigers)

WXYT-FM Stream 1.1 – 1.1, #20 – #20 (Tigers)

WXYT-AM .1 – .1, #26 – #27 (Tigers)

WXYT-AM Stream DNA – DNA, DNA – DNA (Tigers)

Public Radio News/Talk

WDET 1.8 – 2.1, #17 – #17

WUOM 1.4 – 1.5, #18 – #19 

Note: News/talk WJR’s +.7 (1.9 – 2.6) is Detroit’s largest (6+) June 2024 – July 2024 increase.

PHOENIX 

News/Talk

KFYI 3.5 – 3.8, #9 – #6

KTAR-FM 2.3 – 3.1, #18 – #11

News

None

Sports Talk

KMVP-FM 2.6 – 3.1, #14 – #11 (Arizona Diamondbacks)

KTAR-AM .2 – .1, #31 – #33 (Arizona Diamondbacks)

KDUS .1 – DNA, #33 – DNA

KGME DNA – DNA, DNA – DNA

KTAR-AM Stream DNA – DNA, DNA – DNA (Arizona Diamondbacks)

KTAR-FM HD2 DNA – DNA, DNA – DNA

Public Radio News/Talk

KJZZ 2.5 – 2.5, #15 – #15

MINNEAPOLIS

News/Talk

WCCO 4.5 – 4.8, #9 – #9 (Minnesota Twins)

KTLK-AM 2.2 – 2.3, #14 – #14

KTMY 2.2 – 1.7, #14 – #17

WCCO Stream .5 – .5, #24 – #24 (Minnesota Twins)

News

KQQL-HD2 Black Information Network DNA – DNA, DNA – DNA

Sports Talk

KFXN 6.7 – 6.7, #3 – #4

KSTP-AM .1 – .1, #30 – #29

KQQL-HD3 DNA – DNA, DNA – DNA

Public Radio News/Talk

KNOW 6.0 – 6.7, #8 – #4

KNOW Stream .6 – .6, #23 – #23

SAN DIEGO 

News/Talk

KOGO 3.5 – 3.8, #11 – #10

KLSD .5 – .4, #23 – #23

News

KSSX-HD2 Black Information Network DNA – DNA, DNA – DNA

Sports Talk

KWFN 4.6 – 4.2, #7 – #7 (Padres)

KGB-AM .4 – .3, #24 – #24

KWFN Stream DNA – DNA, DNA – DNA (Padres)

Public Radio News/Talk

KPBS 7.4 – 7.2, #1 – #2

TAMPA

News/Talk

WFLA 3.5 – 3.7, #11 – #11

WHPT 3.6 – 3.0, #9 – #14

News

Business news WHNZ DNA – DNA, DNA – DNA

WBTP-HD2 Black Information Network DNA – DNA, DNA – DNA

Sports Talk

WDAE 1.6 – 1.5, #18 – #20 (Rays)

Public Radio News/Talk

WUSF 2.4 – 2.0, #16 – #17

WUSF Stream DNA – DNA, DNA – DNA

WMNF-HD3 Stream DNA – DNA, DNA – DNA

DENVER 

News/Talk

KOA 2.6 – 2.4, #14 – #14 (Colorado Rockies)

KDFD 1.2 – 1.4, #22 – #20

KHOW 1.3 – 1.1, #21 – #23

News

None

Sports Talk

KKFN 1.8 – 1.9, #18 – #17

KKSE-FM 1.1 – .8, #23 – #26

KAMP .1 – .1, #32 – #33

KEPN DNA – DNA, DNA – DNA

KKSE-AM DNA – DNA, DNA – DNA

Public Radio News/Talk

KCFR 3.0 – 2.9, #13 – #13

KUNC 1.0 – .7, #26 – #29

KRCC .1 – .1, #32 – #33

BALTIMORE

News/Talk

WBAL 3.0 – 2.9, #12 – #12 (Orioles)

WCBM 2.0 – 2.4, #14 – #14

News

WTOP & WTLP  1.0 – 1.2,  #17 – #17

Business News WDCH  .5 – .5,  #22 – #22

WQLL Black Information Network DNA – DNA, DNA – DNA

Sports Talk

WJZ-FM 3.3 – 3.3, #11 – #10

WJZ-AM .1 – DNA, #26 – DNA

WJZ-FM Stream DNA – DNA, DNA – DNA

Public Radio News/Talk

WYPR 3.6 – 4.6, #10 – #8

WYPR HD2 Stream DNA – DNA, DNA – DNA 

ST. LOUIS

News/Talk

KMOX 4.2 – 4.6, #11 – #10 (Cardinals)

KTLK-FM 1.7 – 1.8, #16 – #15

KFTK 1.6 – 1.6, #17 – #16

KMOX Stream 1.0 – 1.1, #19 – #19 (Cardinals)

KFTK Stream .1 – .2, #29 – #25

News

KATZ-FM HD2 Black Information Network .1 – .1, #29 – #27

Sports Talk

WXOS 3.0 – 2.7, #14 – #13

Public Radio News/Talk

KWMU 4.9 – 5.1, #9 – #9 

Up next: July 2024 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

Newsmax to Present Webinar on Planned Public Offering

Newsmax Inc. announces it is hosting an online Special Investor Webinar conversation with CEO Christopher Ruddy tomorrow at 12:00 noon ET. The company is currently holding a private placement offering ahead of its planned Public Offering and expected Listing and “this online event will provide accredited investors with insight into the Company’s vision, strategy and growth prospects.” (Accreditedim investors are defined by the Securities and Exchange Commission’s Rule 501(a) as individuals with a net worth greater than $1 million – excluding their primary residence – or incomes in excess of $200,000 in the last two years with the expectation of the same in the current year – or $300,000 with a spouse.) Last month, Newsmax announced that it would seek to become a public company later in 2024 or in early 2025 with a listing on the NYSE or Nasdaq. In preparation for this contemplated public offering, Newsmax has launched a private placement offering seeking to raise up to $225 million. Ruddy states, “We are excited to connect with the tens of thousands of investors nationwide who have already shown interest in investing in Newsmax. There is much to be enthusiastic about Newsmax, including significant growth in our audience, a surge in interest in conservative media and our expanding portfolio of platforms and distribution. Now more than ever — especially in this election year of 2024 — America needs Newsmax. We look forward to sharing more details with everyone who tunes in to the webinar.” Find information about the webinar here.

Industry News

Trump-Backing Talker John Fredericks Dubs Project 2025 a “Grifter Sh*t Show”

On the heels of the resignation of Paul Dans, who served as the director of the Heritage Foundation’s controversial Project 2025, talk radio host and broadcasting entrepreneur John Fredericks is calling Project 2025 “an unauthorized grifter sh*t show that was generated by The Heritage Foundation for the sole purpose of raising money.” Fredericks is a dyed-in-the-wool Donald Trump supporter and operator of 10 conservativeim news/talk stations plus the John Fredericks Radio Network. He adds, “This undertaking was never authorized, sanctioned, or endorsed by President Trump or his campaign. Despite several very direct public communications disavowing any affiliation by Trump campaign senior staff, the fake news continued to propagate phony stories, which The Heritage Foundation and their Project 2025 leaders were willing and happy to substantiate. Sources say President Trump made the decision to shut it down himself. Good riddance to yet another grift charade using Trump to raise money.” TALKERS publisher Michael Harrison commented on Fredericks’ statement saying, “It has been disturbing watching the once-honored think tank known for its even-handed academic fastidiousness devolve into what is now perceived as just another fund-raising propaganda machine in the mud-slinging political wars. This is the kind of credibility squandering that damages the true American conservative moment and people’s confidence in all political organizations.”

Industry News

Magnum Broadcasting Unveils “Power Up My Podcast”

Magnum Broadcasting chief of podcasts Pat Ryan announces a new marketing tool for podcasters called Power Up My Podcast (PUMP) that uses broadcast radio to improve podcasts’ exposure to new listeners. Ryan, who also serves as PUMP CEO, says, “There are so many good podcasts that have no traction.im Here’s a cost-effective way to see if you’ve got what it takes. I’m tired of podcasters coming to me in tears after they sign up for services that market their work ‘wherever podcasts are available.’ That’s not a marketing campaign. Don’t you want to be more than a ‘wherever?’ PUMP is your answer.” He says that with PUMP, a selection of the podcaster’s episodes will be broadcast across five states via six prominent radio stations, helping tap into new listener bases, turning casual listeners into dedicated subscribers. Ryan adds, “If you want to turn your DUDcast into a serious PODcast with marketing power, this is how you do it.”

Industry News

Townsquare Media to Sell WNJE to The Voice Radio

Townsquare Media has struck a deal to sell WNJE-AM, Trenton to Edwin Andrade’s The Voice Radio Newim Jersey for $133,000. The former sports talk outlet has been dark since late last year due to what at the time was reported as being the result of problems with its nighttime antennae. This deal leaves Townsquare with three signals in the Trenton market: news/talk WKXW-FM “New Jersey 101.5”; CHR WPST-FM, and religion WCHR-AM.

Industry News

Industry Mourns Passing of Gene Peterson at 83

Peterson, GeneThe 33-year (1975 – 2008) radio voice of the NBA Houston Rockets, Gene Peterson, died this past Wednesday (7/24) succumbing to cancer at the age of 83. “How sweet it is” was Peterson’s signature victory call and – as noted on a Rockets’ Facebook page post – that catch phrase, “spanned across many franchise moments that will forever live in the hearts and minds of Rockets fans.” Peterson once told The Houston Chronicle, “I’ve watched the Rockets’ family grow, and I’ve watched my own family grow through it all; I know I’ve been blessed to live this life.” Team owner Tilman Fertitta comments, “We say goodbye to my friend and broadcasting legend, Gene Peterson. Gene devoted his life to the Rockets and brought passion and energy towards creating timeless memories for countless fans, including myself. I am forever grateful for the time I knew Gene and for the invaluable contributions he made to our city and franchise for over three decades. My thoughts are with his [family] during this difficult time.”

Industry News

Concern Over FM Station Class “A10” Proposal

FCC Under the Federal Communications Commission’s consideration is a proposal from Commander Communications Corporation that would create an FM broadcasting class known as “A10.” In addition to enhancing coverage in rural and underserved areas, it would grant power upgrades for roughly 1,400 Class A FMs, allowing a maximum of 10,000 watts. Approval would depend on a station’s geographical zone; tower height; and separation requirements. While the National Association of Broadcasters recognizes potential benefits for listeners – especially during emergencies – it urges caution owing  to possible negative impacts. The NAB generally supports proposals designed to improve coverage areas, but says the “A10” proposal lacks technical analysis and information on how many stations may be upgradable. An NAB filing notes that, “While this could lead to improved service for additional listeners, it could also further squeeze the band in more markets and impact more FM services.” Also opposed is Cumulus Media, which cites an “unacceptable risk” to stations already competing against streaming services. Conversely, the Multicultural Media, Telecom & Internet Council favors the suggestion, stressing that many stations that would qualify for the upgrade are owned by minority and small-scale operators. This proposal would replace an earlier FCC one for a Class C4 FM station category. More than 100 independent and minority owners backed the idea, but it ran into opposition from larger companies and the NAB.

Industry News

TALKERS News Notes

WLIWAs a result of purchasing the frequency of long-silent Montauk, NY’s WEER-FM (88.7), The WNET Group will extend coverage of its public radio news/talk outlet WLIW-FM. The addition of 88.7 will allow WLIW-FM’s signal to reach Southern Connecticut and Rhode Island. WLIW-FM VP/GM Diane Masciale notes, “WLIW-FM has taken another step forward in our coverage and commitment to our community. In the weeks ahead, we’re also looking to deliver a new app that will allow audiences to easily take WLIW-FM wherever life takes them.”

 

Previous PGA player and a SiriusXM PGA Tour Radio announcer since 2005, Mark Carnevale, 64, died Monday (7/22). He most recently called the action at the Scottish Open. PGA Tour commissioner Jay Monahan notes, “Mark was a beloved part of the Tour family for a long time. He held numerous roles within the industry, most recently as a significant voice in PGA Tour Radio’s coverage. Mark knew the game and did a terrific job of conveying insights from his unique point of view – and with an engaging wit and sense of humor.” Carnevale made 212 starts on the PGA Tour, earning his lone win at the 1992 Chattanooga Classic and taking home that year’s PGA Tour Rookie of the Year honors.

Industry News

Yesterday’s (7/23) Top News/Talk Media Stories

The rapid assent of VP Kamala Harris to the position of presumptive 2024 presidential nominee of the Democratic Party remained the hottest topic on the nation’s news/talk outlets yesterday (7/23) followed closely by the resignation of Secret Service director Kimberly Cheatle in the wake of controversy, complaints and a tsunami of conspiracy theories flooding the talk-waves in the aftermath of the recent assassination attempt on former President Donald Trump.  Beyond that, there has been increased chatter about the Hamas-Israel war heightened by the U.S. visit of Israeli Prime Minister Benjamin Netanyahu and his address to Congress today (7/24). These major stories were followed by continued discussion of inflation, the migrant crisis, abortion and race relations according to the ongoing research of TALKERS magazine.

Industry News

Post-Assassination Attempt Ratings Spikes At News, News/Talk Stations

Audacy LogoFollowing up on a story reported yesterday (7/22) in TALKERS, an Audacy Insights Team blogpost (“Local News Radio Listenership Soars”) cites Nielsen Audio listenership increases following the July 13 assassination attempt on former President Donald Trump. Leading up to quoting specific stats, the research piece states, “Local news audiences are incredibly engaged” and are “twice as likely to stick around through radio ads compared to the average listener. These listeners trust local news radio for its reliable voices and factual reporting.” On July 13,  Audacy news stations “saw a 32% jump in streams compared to the same day the week before. Mobile streams led the way with a 45% increase, while smart speaker usage rose by 30%.” The assassination attempt took place in Butler, PA, roughly 40 miles from Pittsburgh where Audacy news/talk KDKA-AM “experienced a 55% increase in streams.” Meanwhile, its Los Angeles all-news operation, KNX, “saw a 41% rise.” Per the Audacy blog, “Spikes in listenership across digital audio platforms confirm that local news radio stations are truly with you during critical times, offering reliable and detailed coverage when needed most.” Engagement continued leading up to last Monday (7/15), the first day of the Republican National Convention, as Audacy news stations “experienced a 5% rise in listenership compared to the previous Monday.” The Audacy blog contends approximately two of three (65%) all-news listeners “trust radio hosts for news updates, compared to 30% who look to social media influencers for such information.” The July 13 assassination attempt “highlights the essential role of local news radio. With a significant boost in listenership and a clear preference for trustworthy, community-focused reporting, local news radio remains a key player in delivering reliable news.”

Industry Views

SABO SEZ: Somebody had to hire Bill Drake and Jean Shepherd

Walter Sabo

By Walter Sabo
CEO, Sabo Media Partners
A.K.A. Walter M Sterling
Host, WPHT, Philadelphia – daily
Talk Media Network – Sundays

For decades the number one radio station in America in revenue and audience was RKO-owned WOR, New York. RKO also owned a string of some of the nation’s most-stellar radio properties: KHJ, KFRC, KRTH, WHBQ, WAXY, WRKO, WKYS, WFYR and WROR.  Oh, and three major market TV stations, a Pepsi bottling plant and Frontier Airlines. The company was controlled by the O’Neil family and operated by chairman Tom O’Neil.

What was O’Neil’s secret?

Tom was a showman. He acquired RKO Films from Howard Hughes in 1953 to solve a problem – his independent TV stations needed movies. He bought as many titles as he could, then sold them to other TV chains and called it—syndication!

He hired programming consultant Bill Drake, personally. He hired Jean Shepherd, Robert W. Morgan, Dr. Don Rose, and, me. I got to know him very well. I was introduced to O’Neil by WOR’s midday star, Jack O’Brian. The O’Brians, Bridget, Kate and Yvonne were the best friends one could have.  Today Kate is president of news at the E.W. Scripps Company.

These were Tom O’Neil’s instructions upon hiring me to consult the company for eight years: Pay whatever you have to for a morning host. Hire the very best production person in the city. Make sure our signals are as loud as they can be, get the gadgets. Right, he knew the priorities.

Tom was not a headline grabber or speechmaker. Mr. O’Neil ran his company with a sense of humor and a focus on what was important. He knew his audience share numbers. The daily passenger load on Frontier was at the tip of his tongue as were the midday ratings for WHBQ.

He built the company and then shared management with his son Shane O’ Neil. Shane was also a showman and they were inspirational and visionary. For those eight years I never heard about budgets, sales or expenses. Yet the radio division’s profits grew by many tens of millions of dollars. Imagine!

Walter Sabo has been a C Suite action partner for companies such as SiriusXM, Hearst, Press Broadcasting, Gannett, RKO General and many other leading media outlets. His company HITVIEWS, in 2007, was the first to identify and monetize video influencers.. His nightly show “Walter Sterling Every Damn Night” is heard on WPHT, Philadelphia. His syndicated show, “Sterling On Sunday,” from Talk Media Network, airs 10:00 pm-1:00 am ET, and is now in its 10th year of success. He can be reached by email at sabowalter@gmail.com.

Industry News

Christopher “Mad Dog” Russo and SiriusXM Ink Multi-Year Deal

Maddog Radio Hall of Famer Christopher “Mad Dog” Russo has signed a new three-year agreement to remain the face and voice of SiriusXM’s popular national all-sports talk channel, Mad Dog Sports Radio (channel 82).  Russo will continue to host his daily all-sports show, “Mad Dog Unleashed,” every weekday (3:00 – 6:00 pm ET). The new agreement will extend Russo’s tenure on SiriusXM through its 19th year.  He joined SiriusXM to launch Mad Dog Sports Radio in 2008.  “SiriusXM is my radio home,” said Russo. “I’m proud of what we’ve built here over these last 16 years. I love the platform and the freedom to be me and do the kind of show my audience and I enjoy. Four decades into my career I can honestly say I am as excited to turn on that mic and talk to my listeners every day as I was when I first started my career!”  “While he has inspired a lot of imitators over the years, there’ll never be anybody else on the air like Chris,” said Scott Greenstein, SiriusXM’s president and chief content officer. “He’s more popular and dynamic today than he has ever been and we couldn’t be more excited and proud to have him continue his legendary career on SiriusXM.” In 2022 Russo was inducted into the Radio Hall of Fame, recognizing a pioneering on air career that has spanned four decades and made him one of the most prominent and popular hosts in radio history. After 19 years hosting the market-leading “Mike and the Mad Dog” show on WFAN, Russo embarked on the second major chapter of his career with SiriusXM and built his Mad Dog Sports Radio channel into a popular national sports talk platform. (Photo credit Maro Hagopian).

Industry News

Legends of Georgia Radio HOF To Welcome Spriggs

 

Atlanta radio programmer Pete Spriggs will be among this year’s inductees to the Legends of Georgia Radio Hall of Fame. He commented to The Atlanta Journal-Constitution’s Rodney Ho, “It’s really great to be recognized with so many fantastic broadcasters. It was a blessing to have Cox Radio hand me the keys [to Atlanta news/talk WSB-AM] to work beside such great talent. We all accomplished some great things together.” Spriggs took over as program director of  WSB-AM in 2000 and served as director of branding and programming. WSB-AM was the top billing radio station in America for four consecutive years. In 2010, Spriggs managed the addition of an FM signal (WSBB) and the departure of Neal Boortz, as well as bringing in new talent such as Herman Cain, Erick Erickson, Eric Von Haessler, and Mark Arum. The station also acquired Rush Limbaugh from cross-town rival WGST. WSB-AM earned multiple Marconi Awards, Friends of Georgia Radioincluding 2018’s “Major Market Station of the Year.” Spriggs retired in February 2020. Also named as part of the third annual Hall of Fame inductees are Rome Radio Partners managing partner Howard Toole; Steve Craig; Bobby Ellerbee; Bob Helbush; Brady McGraw; and Wendy Williams. The Friends of Georgia Radio will celebrate the inductees into the Legends Hall of Fame next month (8/24) at the Sandy Springs Performing Arts Center.