Yesterday’s (9/19) Top News/Talk Media Stories
The Washington battle over a GOP-approved spending bill in order to avoid a government shutdown; the impeachment inquiry into President Joe Biden and his family’s business dealings; the ongoing UAW strike; Senator John Fetterman’s attire and the Senate dress code; former President Donald Trump’s legal battles and the numerous Trump associates facing prosecution; rising gas prices; the Fed’s meeting to assess its interest rate policy; Biden’s UN address regarding the Russia-Ukraine war; and the sexual assault allegations against comedian Russell Brand were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.
Kevin West died yesterday morning (9/18) at the age of 62 after suffering a medical emergency. West retired from the Cumulus Media station in June and had begun working as the public affairs director for the Chattanooga Police Department. West was a 24-year veteran of the U.S. Navy, retiring two years ago with the rank of captain. He is survived by his wife Carlene and five children. 
If you are a seller in the terrestrial radio business, please listen carefully. That faint voice you hear could be the Fat Lady warming up – old Brunhilde ready to wrap it up and put an end to that long, sad Wagnerian opera, known as traditional, transactional radio sales.
Many news/talk stations broker weekend hours to professionals who host ask-the-expert shows to attract new clients.
For decades the power-lunch spot in Manhattan was the beautiful Four Seasons restaurant. Check it out: 
over the position after news director Joe Bartlett retired from the station on May 31 after 37 years with the WOR. Mendte had most recently been news director and host at WJLP-TV, Middletown, New Jersey “Me-TV.” Mendte says, “WOR is iconic in radio history, and I’m honored to accept this position. Len Berman and Michael Riedel are smart, entertaining, and informative. It’s the morning show I listen to, and I’m elated to now be part of it.” WOR program director Tom Cuddy states, “I’ve been a fan of Larry’s for many years. So, when the opportunity popped up for him to work with Len and Michael, I was truly pumped up that we were able to bring in a talent of his caliber.”
Those are the two consultant buzzwords that hosts I coach are hearing in their sleep. And a couple more “E” words: Empathy and Empower.
million reported in Q2 of 2022, primarily due to a $16.8 million increase in non-cash impairment charges to the company’s FCC licenses and investments, partially offset by an increase in other income, net due to a $5.2 million gain on the sale of one of the company’s investments and an increase in the effective tax rate for the current period. Townsquare CEO Bill Wilson says, “I am pleased to share that Townsquare’s digital growth engine continued to drive results in the second quarter, demonstrating its strength and resiliency, as we delivered second quarter net revenue and Adjusted EBITDA that met our previously issued guidance… With its differentiated and sophisticated products and solutions, our Digital Advertising segment was once again our largest driver of growth, increasing second quarter net revenue by 11% year-over-year… The strong cash generation characteristics of our assets allowed us to produce $31 million of cash flow from operations in the first six months of 2023, an increase of $8 million as compared to the prior year. We could not be more pleased to share that given our strong cash position, we were able to repurchase nearly 9% of our total shares outstanding, repurchase and retire approximately $13 million of our Unsecured Senior Notes at a discount, and pay a high-yielding dividend to our shareholders during the first six months of the year. We also ended the quarter with a strong cash balance of $50 million and net leverage of 4.36x, retaining financial flexibility moving forward.”
HALF of all radio stations in the United States lose money – at least they did back in 1991. The NAB used to put out an annual report revealing how many radio stations were profitable. Usually half the stations in America lost money. Since consolidation, the NAB stopped putting out that report. It is reasonable to believe that far, far fewer stations lose money today. Shared costs, real estate, technical economies due to digital equipment versus analog all indicate that there must be fewer money-losing properties.
10:00 am to 1:00 pm show, filling the role of retired “Ticket” host Norm Hitzges. New to the daily lineup is the 1:00 pm to 3:00 pm duo of Sean Bass and David Mino. Bass has been with “The Ticket” for 22 years, most recently as producer of “The Norm and D Invasion.” Mino has been with the station for 11 years, most recently as producer of “The Hardline” afternoon drive show. Station program director Jeff Catlin comments, “I couldn’t be more excited for the midday makeover on ‘The Ticket.’ Matt, Sean, and Mino have all earned this opportunity. All three guys are well-known and well-liked by our passionate listeners and their ‘Ticket’ teammates. They will fit in well and make this a seamless transition.”
content, distribution and marketing its audio segment. Good Karma chief Craig Karmazin tells SBJ, “This is the culmination of what we’ve been working towards for the last 20-plus years. For us over the last 20 years, we’ve been focused on the medium and focused on the ESPN brand. Now for us to be able to run the sales operations of the entire network and the podcast business, it truly is like a culmination of everything we’ve been working towards in this partnership with them.” 
Cumulus president and CEO Mary Berner comments, “Despite continued challenges in the overall market, our second quarter revenue performed in-line with expectations while Adjusted EBITDA exceeded them. As in prior quarters, we generated strong revenue growth in our digital marketing services business, implemented meaningful cost reductions, and further improved our balance sheet by generating cash from operations and reducing our total and net debt to the lowest levels in more than a decade. Additionally, we executed a highly accretive and opportunistic tender offer, which resulted in the retirement of approximately 10% of our shares outstanding. Our proven track record of strong operational and financial execution in adverse conditions gives us unwavering confidence in our ability to optimize results in the current weak ad market and rebound strongly when the environment improves. In the meantime, we will continue to invest in our digital businesses, further enhance our operating leverage through additional cost reductions, and execute on our strategy to opportunistically deploy capital to maximize long-term shareholder value.”
Having thus far spent his entire broadcasting career north of the border, native Canadian L. Adam Fox relocates to Detroit to program Wayne State University public radio news/talk WDET. He will report to WDET general manager Mary Zatina who states, “Adam’s experience and skills in programming 
are exceptional. He also brings a leadership style that will enhance both staff and listener experiences. WDET is on a fast-track to excellence in all areas; Adam will be steering our sound in a way that fully maximizes the community service we deliver.” Fox comments, “I’m thrilled to be joining the team to support the critical mission of WDET. This station has always been a beacon for me, reflecting the stories and culture of my favorite city in the world, and bringing the news of the world with a Detroit perspective.” For the past ten years, Fox has been program director for Calgary-based National Music Center. Prior to that, he programmed Toronto’s CHRY; was content director for CKUA Radio Network, Alberta; and was station manager of Windsor’s CJAM-FM. After registering a 1.0 in February and March, WDET has repeated a .9 in April and May (#22, 6+, Nielsen Audio).
officer Jessica Cordova Kramer opines that, “When you think of making life suck less, you think [of] chef José Andrés. He and the JAM team work tirelessly to make the world a better place; we are so grateful to get to be a small part of their work by serving as partners to JAM for these two shows.” José Andrés Group president Sam Bakhshandehpour proclaims that, “Working with Lemonada Media is an exciting new chapter in the evolution of José Andrés Media. Joining their dynamic network will allow ‘Longer Tables’ and ‘Pressure Cooker’ to reach new audiences, sharing powerful stories that explore the many ways that food connects us all.” Introduced last year, Andrés’ “Longer Tables” engages with eminent figures across various fields. Previous guests have included Anderson Cooper; Secretary of State Antony Blinken; actress Eva Longoria; primatologist Jane Goodall; and French chef Eric Ripert. Meanwhile, “Pressure Cooker” is hosted by food journalists Jane Black and Elizabeth Dunn. It explains challenges of feeding families in our age of anxiety. Lemonada Media’s roster includes “Wiser Than Me with Julia Louis-Dreyfus”; “Choice Words with Samantha Bee”; “Funny Cuz It’s True with Elyse Myers”; and Gracie award-winner “Last Day.”
show, as well as NBA analyst Jeff Van Gundy, ESPN television personality Suzy Kolber, and others. These layoffs come as little surprise as Disney had announced earlier this year that it would be eliminating some 7,000 positions across the entire company.
lineup including “Two Pros and a Cup of Joe with LaVar Arrington, Brady Quinn & Jonas Knox,” “The Dan Patrick Show,” “The Herd with Colin Cowherd,” and more. Gray president Tony Gray says, “WAAW is extremely excited to bring FOX Sports to local Augusta sports fans. We’re confident that the home of the Masters Tournament will embrace the station’s new format.”