The Compass Media Networks syndicated “Erick Erickson Show” adds new affiliate stations to its roster.
Now airing the program are Townsquare Media’s KONA-AM, Tri-Cities, Washington; Eifel Tower Broadcasting’s KZHN-AM, Paris, Texas; Vero Beach Broadcasters’ WTTB, Vero Beach, Florida; and Zimmer Midwest Communications’ KWTO, Springfield, Missouri. “The Erick Erickson Show” airs live weekdays from 12:00 noon to 3:00 pm ET.
The photo above was taken at the Broadcasters Foundation of America’s Golden Mic Award gala and fundraiser in New York City on Monday evening. Pictured (from l-r) are BFoA chairman Scott Herman; former CBS Radio CEO and recipient of the 2025 Edward F. McLaughlin Lifetime Achievement Award, Dan Mason; and BFoA president Tim McCarthy. Also taking place at the Golden Mic Award gala was Katz Media Group CEO and BFOA board member Marc Gray accepting the Philip J. Lombardo Spirit Award on behalf of Katz Media, which has raised more than $450,000 with its annual company-wide donation drive to support the BFoA.
Pictured above is WABC, New York journalist and talk show host Dominic Carter giving a high-five to one of the students asking him career advice. Carter spoke on the “Radio’s Place in a Diverse, Digital World” panel.
Pictured above is TALKERS VP and executive editor Kevin Casey showing off the new C. Crane WiFi 3 internet radio. TALKERS and C. Crane gave away five of these radios to college students who were eager to get them.
Pictured above is consultant and WPHT, Philadelphia & nationally syndicated talk host Walter Sabo making a point during his panel discussion. A student asked for his advice about launching a career out of college and Sabo told her, “First, decide where you want to live. Once you’re in that city, you can begin to approach broadcasting companies about getting your foot in the door.”
Pictured above is Salem Radio Network talk host Mike Gallagher speaking while taking part in the “Radio’s Place in a Diverse, Digital World” panel. All photos by Olivia Mannarino
Audacy does a frequency swap in St. Louis giving news/talk KMOX-AM the full-market Class C2 FM at
104.1 that had been the home to hip hop WHHL-FM “HOT 104.1.” In return, KMOX gives up translator K254CR at 98.7 to the hip hop outlet. These changes become effective on March 24. Audacy St. Louis and Wichita SVP and market manager Becky Domyan says, “We’re thrilled to expand KMOX’s reach and bring the trusted news and entertainment our listeners rely on, as well as Cardinals baseball, on an enhanced FM signal that covers the greater St. Louis region.”
Last week, Cumulus Media received a notification from the listing qualifications department of NASDAQ indicating that, based on the company’s stockholders’ equity of $6.95 million is not in compliance with the minimum stockholders’ equity requirement for continued listing on the NASDAQ Global Market. The rule
requires companies to maintain stockholders’ equity of at least $10 million or meet the alternative compliance standards relating to the market value of the listed securities or the company’s total assets and revenue. Now, Cumulus has until April 21 to provide NASDAQ with a plan to achieve and sustain compliance. If NASDAQ accepts the plan, NASDAQ may grant an extension of up to 180 calendar days to evidence compliance. Cumulus says it is continuing to evaluate potential options to resolve the deficiency and regain compliance, including the possibility of applying to transfer to the NASDAQ Capital Market.
Last night, the 2025 iHeartPodcast Awards were presented at the ACL Live at The Moody Theater in Austin, Texas at SXSW. The Podcast of the Year honor went to “Las Culturistas with Matt Rogers and Bowen Yang. The Best News award was given to with journalist Kara Swisher and NYU professor Scott Galloway for their show “Pivot.” The Best Political podcast honor was presented to “The Megyn Kelly Show.” See all the winners here.
An attack on the studios of KCCS LLC’s news/talk KSLM-AM/K282BY in Salem, Oregon left three large plate glass windows shattered. The attack happened during the early morning hours of March 8. The
Salem Reporter says engineer Ian Carlson was at the station we he saw the windows shattered one by one. He says the glass flew in with such force that it sent shards 30 feet down the station’s hallway. He tells the Salem Reporter, “It was absolutely terrifying, and I think it was intended to terrify.” The report says that police found no evidence that anyone tried to enter the building and it was unclear what caused the damage. Station general manager Jacqueline Smith says, “From our perspective, it wasn’t vandalism. It was a targeted attack.” Photo: Salem Reporter. Read the Salem Reporter account here.
Cumulus Media and Major League Soccer’s Rhode Island FC are continuing their partnership and announcing that sports talk WPRV, Providence “790 The Score” is expanding its coverage of the club’s season. WPRV will air live-action coverage of all 17 RIFC away games and the first home game.
Broadcasting the matches will be WPRO-FM personalities Nick Giuliano and Tommy Quinlan. In addition, Rhode Island sportswriter and columnist Kevin McNamara will host a new feature to air on the station every Thursday at 6:20 pm throughout the season titled, “Extra Time with Rhode Island FC.” Cumulus RVP and market manager Holly Paras says, “We are thrilled to continue and expand our broadcast partnership with Rhode Island FC. It’s an exciting time for Rhode Island soccer fans, especially with the opening of the new stadium this year. We look forward to a great season.”
Among the winners of the college awards given out at the IBSNYC 2025 conference last weekend (of which TALKERS was a participating sponsor), was Hillsdale College junior Emily Schutte. She takes
home first place for Best Newscast. in the annual Intercollegiate Broadcasting System College Media Awards. Winners were announced on March 8 in New York City. WRFH/Radio Free Hillsdale 101.7 FM general manager Scot Bertram says, “I’m proud of Emily and all of our WRFH students for their work. There were thousands of submissions from college stations across the country, and it is exciting to see one of our students accept top honors in a very important category.” WRFH had finalists in eight categories. You can hear Emily Schutte’s winning submission here.
Pictured above is Bold Gold Media Group and Bold Gold Media Foundation CEO Vince Benedetto (left) with WPG, Atlantic City morning host Harry Hurley (right). Hurley is presenting Benedetto’s Foundation with a $5,000 grant from Hurley’s own charitable organization. Benedetto also delivered the keynote address and Hurley served as a moderator at the TALKERS Generations 2025 program on Saturday (3/8) at the IBSNYC 2025 conference.
Pictured above is WRFH, Hillsdale general manager and lecturer in journalism at Hillsdale College Scot Bertram (right) and Vince Benedetto (left). Both took part in the “Old School/New School/Next School — Learning from Each Other” panel discussion. The panel was sponsored by Comrex.
Pictured above are (from l-r) Texas-based talk radio host Chris Krok; consultant and WPHT, Philadelphia and Talk Media Network syndicated talk host Walter Sabo; WGDJ, Albany owner and talk radio host Paul Vandenburgh; and TALKERS VP/associate publisher and Harrison Legal Strategies senior partner Matthew B. Harrison sitting on the “Launching and Managing a Career in a Changing Media Industry” panel. The panel was sponsored by Dr. Asa
Pictured above are Harry Hurley (left) and Red Apple Media Group and WABC, New York owner John Catsimatidis (right) during a one-on-one fireside chat titled, “Setting the Stage.” This segment was sponsored by The Ramsey Show.
Pictured above are (from l-r): Westwood One talk radio host Rich Valdes; WABC, New York journalist and talk host Dominic Carter; and Salem Radio Network talk host Mike Gallagher on the “Radio’s Place in a Diverse, Digital World” panel, sponsored by Radio America and Our American Stories.
Pictured above are (from l-r): WICC, Bridgeport talk host Lisa Wexler; iHeartMedia VP news/talk/sports Chris Berry; and WRVA, Richmond, Virginia talk host Jeff Katz on the “Finding Truth in an Age of Misinformation” panel, sponsored by Premiere Networks.
TALKERS will present more coverage from Generations 2025 at IBSNYC 2025 throughout this week.
All photos by Olivia Mannarino
iHeartMedia names Larry Mendte the new, permanent host of the morning drive program on news/talk WOR, New York. “Mendte in the Morning” airs from 6:00 am to 10:00 am on 710 WOR, The Voice of New York. WOR program director Tom Cuddy says, “Since joining our team in 2023 as our news director and
morning drive news anchor, Larry has built a strong connection with our listeners, who have responded very positively to his time as our interim morning show host. His remarkable career, which includes an astounding 97 Emmy awards and stints at WABC Radio, Channel 7 Eyewitness News, WPIX/11 and ‘Access Hollywood,’ speaks for itself. With all of this experience, he’s the ideal choice to wake up the tri-state area.” Longtime New York radio news anchor Jacquelyn Karl will deliver updates on “Mendte in the Morning,” while Natalie Vacca will continue in her role as executive producer.
Reversing course after the reduction if force that saw several hundred Audacy employees lose their jobs last Thursday, the company’s news/talk WCCO, Minneapolis is bringing evening host Henry Lake and co-host Chris Tubbs back. BringMetheNews reports that the show returned to the air on Friday. Lake opened
Friday’s show saying, “Has the last 36 hours been a little bit awkward? Not gonna sit here and lie. I am thankful. I am happy to be here. Happy to be speaking with you. Happy to be doing a show to all of you on this iconic radio station.” Lake added, “We know that there were some national layoffs yesterday, and I want to note that because we know that industries all over the country are going through some rough times – and radio is not immune to that. I’ve got colleagues in other markets that unfortunately lost their jobs, and for a short time yesterday, it looked like me and Chris were in that same situation. I feel gratitude. I’m thankful that we’ve got good leadership here at WCCO, and the higher-ups appreciate me and Chris.”
By Holland Cooke
Consultant
Observation, as a heavy CNBC viewer: Artificial Intelligence is to 2025 what Dot Com was to the late 1990s, game-changer… and shiny object.
Everyone seemed to be chanting “AI” at this year’s CES. In a previous column here, I offered, from experience, some Do’s-and-Don’ts for crafting commercial copy. And as vendors are applying AI to various other broadcast content and operational functions, I asked the app itself: “How would you caution radio broadcasters against over-reliance on ChatGPT?” SECONDS later, the robot replied:
“Here are some key points to consider:
1. Maintain Authenticity: Radio broadcasting thrives on the personality and authenticity of its hosts. Relying too heavily on AI-generated scripts or content can make broadcasts feel robotic, inauthentic, or detached. Listeners tune in to hear the voice, opinions, and personality of the broadcaster, not just information being read off a script. ChatGPT is great for generating ideas, but it shouldn’t replace the genuine voice of the host.
2. Human Connection: One of the strengths of radio is the personal connection that hosts build with their audience. This connection comes from spontaneous moments, personal anecdotes, and relatable conversations. AI can’t replicate the unique, emotional bond that a human broadcaster forms with listeners. Overusing AI could distance the host from the audience and make the show feel more like a recorded message than a live, engaging experience.
3. Accuracy and Fact-Checking: While ChatGPT can generate a lot of information quickly, it’s not always accurate or up-to-date. Broadcasters need to be mindful that AI-generated content might contain errors, outdated facts, or biased perspectives. Relying on AI without fact-checking could lead to broadcasting misinformation, which can seriously damage the station’s credibility.
4. Tone and Nuance: AI like ChatGPT can struggle with tone, emotion, and subtlety in language. Radio broadcasters need to ensure that the tone of the broadcast fits the subject matter and the audience. AI might miss the mark on this, especially in more nuanced or sensitive topics. A human touch is often needed to tailor the message effectively.
5. Audience Engagement: ChatGPT can provide content, but it can’t engage with listeners the way a broadcaster can. Over-relying on AI could take away opportunities for live interaction, audience call-ins, and real-time feedback. Broadcasting is about creating a dialogue, not just delivering information, and AI isn’t capable of fostering real-time, dynamic conversations.
6. Creativity and Innovation: While AI can assist with generating ideas, true creativity comes from the human mind. Broadcasters should focus on bringing fresh, original ideas to the table—things AI can’t easily replicate. Over-relying on ChatGPT might limit creativity, turning broadcasts into predictable, generic experiences.
In summary, while AI tools like ChatGPT can be incredibly useful for research, inspiration, and content generation, broadcasters should ensure they don’t lose the human element of their shows. Maintaining authenticity, personal engagement, and creativity are key to keeping radio content fresh and compelling. AI should be a tool, not a substitute for the broadcaster’s unique voice and connection with the audience.”
Holland Cooke (HollandCooke.com) is a consultant working the intersection of broadcasting and the Internet. Follow HC on Twitter @HollandCooke and connect on LinkedIn
The Salem Radio Network nationally syndicated program “Armed American Radio,” hosted by Mark Walters, adds new affiliates as Steckline Communications’ KGYN-AM, Guymon, Oklahoma; K292HJ, Liberal, Kansas; and Taylor Made Broadcasting’s KGLC-FM, Miami, Oklahoma add the show to their lineups.
PodcastOne will participate in the upcoming 37th Annual ROTH Conference taking place March 16-18. PodcastOne president Kit Gray and CFO Ryan Carhart will host one-on-one meetings with institutional investors on site during this annual invitation-only event.
The radio industry knew these cuts were coming as the rumors of a company-wide RIF were plentiful. On Thursday (3/6), Audacy made the staff reduction that affects people across all departments – corporate, on-air, and off-air. An Audacy spokesperson issued the following statement: “Audacy has made workforce
reductions to ensure a strong and resilient future for the business. We are streamlining resources to stay competitive in a rapidly evolving media landscape and to best position Audacy to continue serving listeners and advertisers with excellence.” The Desk is reporting a list of those affected by the cuts and in the spoken-word formats, those people include: WINS, New York sports director Marc Ernay; KNX, Los Angeles reporter Charles Feldman; WWL, New Orleans news staffer Mark Menard; KMOX, St. Louis digital content producer Wilson Truong; and others. Read The Desk’s coverage here.
SmileyAudioMedia’s talk KBLA, Los Angeles will debut, “Conversation Live: Altadena Rising,” hosted by James Farr on Saturday (3/8) at 10:00 am. The program will track the recovery of Altadena in the aftermath of the Eaton Fire. Company founder Tavis Smiley says, “We will use this Black-owned media
platform to ensure that California, the nation, and the world hear the stories of those impacted in Altadena. People have short attention spans, and many will forget the fire and its aftermath in the coming weeks and months. We intend to keep the focus on the families in Altadena and amplify their voices.” Farr adds, “Eaton was more than a fire. It was the destruction of a Black stronghold where 80% of residents were homeowners. These families weren’t just living here; they were building generational wealth. That’s why this show matters – because rebuilding Altadena isn’t just about homes, it’s about justice.” In the days following the fire, Farr co-produced KBLA’s three-hour live remote broadcast from the impact zone, ensuring survivors’ voices were heard.
According to data from Nielsen, an estimated 36.6 million people watched President Donald Trump’s address to a joint session of Congress on Tuesday (3/4). Nielsen says that viewership peaked from 9:45
pm to 10:00 pm ET with 37,895,000 viewers across the 15 networks that televised the address. This year’s audience was up over 13% compared with the 32.2 million viewers that watched President Biden’s State of the Union address in 2024. Breaking down Tuesday’s audience by age, 5.7% of viewers were aged 18-34; 20.5% of viewers were aged 35-54; and 70.7% of viewers were aged 55 and older.
David Linder, owner of Sub Arctic Media, died in an avalanche in Alaska while on a ski trip. Linder’s Sub Arctic Media owns and operates news/sports/talk KTOE, Mankato, Minnesota, news radio KMHL, Marshall, Minnesota and a number of other stations in those markets. Linder, who was described as an expert skier, leaves behind his wife and three children.
Mentoring and Inspiring Women in Radio, Inc annually compiles and analyzes the number of women in radio broadcasting who are rising to the ranks of management. Data gathered for this annual MIW Gender Analysis Study specifically tracks the progress of female professionals holding general manager, sales manager, and program director/brand manager positions. The raw data for this study was collected by PrecisionTrak and is from all U.S.-based commercial radio stations and is for the calendar year 2024.
21.67% of stations had women in the general manager position, a decline of half a point from last year, but a large increase from 2004 when 14.9% of stations had a female GM. MIW says the best management opportunities for women in radio continues to be in sales management as 35.67% of stations had a woman sales manager in 2024, up more than a full percentage point from 2023. When it comes to programming, MIW says the greatest challenge for women in radio management continues to be in the area of program directors/brand managers. Women currently program 12.38% of stations, a slight gain from 11.50% in 2023. MIW board president Sheila Kirby comments, “While we are encouraged by the progress in sales management and programming, the overall numbers show that there is still significant work to be done. Leadership opportunities for women in radio must continue to grow, and our mission at MIW remains steadfast – empowering, mentoring, and advocating for more women to rise into key decision-making roles across the industry.”
Edison Research reveals that, according to data from its ongoing Share of Ear study, the majority of podcast listening does not take place in the car. Edison says, “At-home listening accounts for an impressive 67% of total daily podcast consumption time according to the most recent Share of Ear. Besides the reality that
people spend by far the most amount of their time at home, the at-home environment offers a variety of listening devices including smart speakers, internet-connected TVs, and computers, in addition to mobile phones… And we know from our qualitative research that podcast listeners can listen while they multitask at home.” After listening at home, listening at work contributes 16% to the overall daily listening time to podcasts, while in-car listening captures 11% of daily listening time. Edison adds, “We can theorize that because people often take short drives during the day including quick trips to the store, or school, or on errands, that those short trips might not be conducive to becoming fully engaged with a podcast.” Finally, 6% of listening happens in various other locations, such as gyms, grocery stores, or while walking.
The New York Festivals 2025 Radio Awards competition announces that globally recognized award-winning producer and founder of “Almost Tangible” Charlotte Melén joins the New York Festivals Radio Awards
Advisory Board. The NYFestivals says Melén’s addition to the board will “further enhance the NYF Radio Awards, strengthening its commitment to celebrating innovation and excellence in the dynamic realm of audio storytelling.” Radio Awards EVP and executive director Rose Anderson adds, “Charlotte Melén’s pioneering work in immersive audio storytelling, especially the use of binaural and ambisonic microphones on location, has redefined the possibilities of the medium. Her team combines the highest production standards with a filmic sensibility to the delight of creators, brands, and listeners.”
Billy Freund, former senior executive at Katz Media, Triton Media, Westwood One, and other entrepreneurial endeavors, passed away on Monday (3/3) at age 58 due to complications from Frontotemporal Degeneration and ALS. Freund leaves behind his wife Sue Freund, managing partner at Crossover Media Group. There will be a Mass the first week of April in Manhattan Beach, California, at American Martyrs Catholic Church followed later that day by a celebration of Billy’s life with family and friends. In lieu of flowers, the Freund family asks that contributions be made in Billy’s memory to The Association for Frontotemporal Degeneration.
Westwood One is presenting a total of 19 NCAA Men’s and Women’s Basketball games from Conference Championship Week beginning on Saturday (3/8) with the Ohio Valley Conference Championship game, and continuing through Selection Sunday, March 16, with broadcasts that day of the Ivy League, the SEC, and the American Athletic Championship games. Westwood One will also broadcast Selection Sunday, revealing the 68-team field for both the men’s and the women’s tournaments. Jason Horowitz will host Selection Sunday coverage with PJ Carlesimo and Debbie Antonelli as analysts.
iHeartMedia and Charlamagne Tha God’s Black Effect Podcast Network announce the debut of “Hunting 4 Answers,” a daily true crime podcast dedicated to shedding light on the silent epidemic of missing and murdered Black women in America. New episodes will post every weekday beginning February 24. Hosted by Atlanta journalist Hunter Gilmore, “Hunting 4 Answers” will bring attention to the heart-wrenching and often ignored stories within the Black community that deserve to be told. The podcast will highlight both current and cold cases of missing and murdered Black women and girls across the country.
Virtual News Center adds affiliates WLVL and WEBR, serving Buffalo/Niagara Falls, New York. Anchoring the news for WLVL and WEBR are broadcasters Peter Kileen on weekdays and Sandi Conner on weekends.
Cumulus Media announces that current WMAL-FM, Washington, DC afternoon drive host Vince Coglianese is taking over as host of the Westwood One nationally syndicated 12:00 noon to 3:00 pm program currently hosted by Dan Bongino, who will exit after his March 14 show to become deputy FBI director. The deal includes “The VINCE Show” airing in the early afternoon daypart and the one-hour “VINCE” podcast dropping daily. Silverloch Productions, founded by Dan and Paula Bongino, will produce the VINCE podcast to be distributed by the Cumulus Podcast Network. “The VINCE Show” will launch on Westwood One
with more than 250 affiliate stations. Coglianese comments, “I am beyond thrilled to be stepping into this role with Westwood One and Silverloch and can’t thank my WMAL family in Washington enough for the eight incredible years we’ve already spent together. I also want to offer a special thank you to Dan Bongino for selflessly returning to service for his country. His decency and sacrifice are a true testament to his character. Now we take things to the next level. I’m deeply conscious of the history-making legacies of these broadcasts, which is why we will be delivering the ultimate three-hour live radio show and one-hour podcast for the millions of Americans who demand the truth.” Westwood One president Collin Jones adds, “Vince’s star has been on the rise, and we’re thrilled to welcome him to the unparalleled Westwood One platform to expand his reach even further. Vince’s unparalleled ability to combine realism with sharp political insight makes him the ideal host to captivate audiences across both live radio and podcasting. ‘The VINCE Show’ and ‘VINCE’ podcast will quickly become cornerstones of our industry-leading conservative talk lineup.”
A group of Bay Area radio personalities are getting together to launch a digital sports talk network called Bay Area Sports Collective. Former KNBR, San Francisco personalities Tom Tolbert, Paul McCaffrey, and John Lund, along with former KNBR PD Jeremiah Crowe are co-founding the network that will initially feature three podcasts that will also be broadcast live on YouTube. The network debuts today with “The Tom Tolbert Show,” “Paulie Mac’s Particles” and “John Lund Unleashed.” Crowe will direct business operations, marketing, and sales for the sports podcast network. Additionally, the new podcast network features daily on and off-air contributions from Tony Rhein and Daniel Ogden, both longtime Bay Area radio producers. Crowe says, “This announcement marks the dawn of a new day for the underserved Bay Area Sports fan. They deserve better. We are thrilled to launch The Bay Area Sports Collective with three very influential, entertaining, and experienced hosts who all remain dedicated to their craft. We are open to additional shows and talent joining our network in the future and look forward to scaling our unique talent-friendly business model into additional markets. Multiple professional Sports franchises have already expressed strong interest in migrating programming to our network, and local blue-chip advertisers have also contacted our team. We are excited to open the floodgates and provide Bay Area Sports fans with a more convenient way of finding their favorite shows, whether live or on-demand. This is the future of sports entertainment.
SmileyAudioMedia, Inc announces four new affiliates for the “Tavis Smiley” show. The program is now
heard on WERE, Cleveland; WOLB, Baltimore; WDBZ, Cincinnati; and KDEE-FM Sacramento. The “Tavis Smiley” program is now heard in 40 markets across the United States, including New York, Los Angeles, and Chicago. Tavis Smiley says, “The show’s expansion into four additional high-profile markets underscores our ongoing commitment to enhancing the show’s innovative and unapologetically progressive programming. Following November’s election, the demand for our programming is growing exponentially. We will continue to deliver enlightening and empowering content aimed at African Americans and other people of color.”
Audacy is presenting an Audacy Insights Series webinar titled, “Audio Measurement: New Tools, AI Enhancements, and the Best Way to Track Conversions” on Wednesday, March 12 at 2:00 pm ET. The
company says, “The key to success isn’t just great creative – it’s having the right measurement tools in place. Join us for an exclusive webinar where top marketing and measurement experts will break down how to track, optimize, and maximize your audio campaigns across the full funnel.” Topics covered will include: Measurement that drives impact; Optimizing for better performance; AI-powered innovation; Real-world success stories; and The future of measurement. Register for the webinar here.
The Broadcasters Foundation of America announces that Katz Media Group has raised more than $47,000 during its 13th annual companywide membership drive. This year’s generous contribution brings the total amount raised by Katz to nearly $500,000 since the drive’s inception. Every dollar raised directly supports the Stu Olds Memorial Fund, which commemorates Katz’s former CEO and aids broadcasters and their
families during life’s most challenging moments. Broadcasters Foundation of America president Tim McCarthy says, “For over 70 years, the Broadcasters Foundation has provided critical aid—ranging from medical care to emergency financial assistance—for broadcasters facing hard times. The steadfast generosity of Katz Media Group makes it possible for us to continue our mission, and I can’t thank the Katz team enough for their ongoing commitment.” Katz Media Group has been selected to receive the 2025 Philip J. Lombardo Spirit Award, which will be presented at the BFOA Golden Mic Gala on March 10. This prestigious honor recognizes Katz’s dedication to supporting the Broadcasters Foundation of America and its mission of helping broadcasters in need.
Las Vegas-based, nationally syndicated talk host Wayne Allyn Root tells TALKERS that he is a member of
the “Private Economic Council” – a Washington, DC-based organization composed of “influential business leaders, entrepreneurs and economists promoting free market tax policies, advocating for taxpayers, and helping to support and promote President Trump’s economic agenda.” It also includes former Trump senior economic advisor and former member of the Wall Street Journal editorial board Steve Moore, Papa John’s founder John Schnatter, and former U.S. congressman and current Liberty University School of Business Dean Dave Brat.
Cumulus Media’s KESP-AM, Modesto-Stockton “Sports Radio 970 AM” is the new Central Valley radio broadcast home of the San Francisco Giants. The station is also the official radio broadcast home for the San Francisco 49ers, the Golden State Warriors, and the San Jose Sharks. Cumulus regional VP and market manager Patty Hixson says, “We are thrilled to have this affiliation with the San Francisco Giants. This is a very special franchise and now we get to share all the baseball action with our Sports Radio AM 970 fans. Go Giants!”
Newsmax Inc. announces the closing of its previously announced offering of Series B Preferred Stock. Newsmax says the offering exceeded its initial target of $150 million with the company closing last week on its maximum offering amount with gross proceeds of $225 million, before the deduction of placement agent fees and other offering expenses. More than 8,000 accredited investors participated in the private offering.
Now, is submitting IPO offering materials with the SEC and is seeking a public offering with a planned listing on the New York Stock Exchange under the symbol “NMAX” later this year. Newsmax CEO Christopher Ruddy states, “This achievement reflects the strong results Newsmax has demonstrated and testifies to the trust and support the company maintains with investors, viewers and friends. We’d also like to thank Digital Offering LLC, for their expertise, hard work and their positive commitment to supporting us throughout this process. We are excited to be one step closer to our upcoming IPO which will provide us a tremendous opportunity for growth. A public offering will allow tens of thousands of Americans to directly partner with us and join our news revolution. We look forward to delivering long-term value to all of our shareholders.”
The Cumulus Media | Westwood One Audio Active Group blog post this week looks at the effects of the changes to Nielsen’s PPM ratings system that has provided significant increases in listening across demographics and time periods. This audience growth is due to Nielsen’s three-minute qualifier modernization which provides a significantly more comprehensive and realistic definition of AM/FM radio’s audience and their listening behavior. The post notes that Nielsen found 23% of PPM listening occasions
were three or four minutes. Under the old five-minute listening qualifier rule, none of this tuning would have received listening credit. Effective with the January 2025 PPM survey, Nielsen is now crediting tuning occasions that are three minutes or greater. What are the results so far? First, drive times and weekends experience the greatest growth. Comparing January 2024 to January 2025 for persons 12+ and 25-54 reveals double-digit growth for all dayparts. Weekends and drives times have the greatest increases. Second, AM/FM radio’s listening profile now skews younger: Every major buying demographic has a higher composition of listening. Persons 65+ is the only demographic where AM/FM radio’s audience composition is reduced. Persons 25-54, AM/FM radio’s most popular buying demographic, experiences the largest increase in audience composition. Persons 18-49 have the next largest growth. And third, format shares remain stable. Versus October 2024, PPM January 2025 format shares are very consistent. An uptick in news/talk AQH composition is most likely more due to a heavier news cycle (major weather stories and a new president) than a PPM methodology enhancement. In local markets, there is more share variation. See the complete blog post here.
SummitMedia LLC names Joe Bell senior vice president of sales. Bell, who served with Beasley Media Group for the past 25 years leading clusters in Philadelphia and Miami, will be based in SummitMedia’s
Birmingham, Alabama headquarters. SummitMedia CEO Carl Parmer states, “Joe brings a wealth of experience and a new perspective to the SummitMedia team. He’s a dynamic, high-energy leader who, I know, will guide our results-oriented teams to new levels of success.” Parmer adds that he expects Bell to bring innovation across platforms, strengthening the company’s competitiveness and longterm growth across media platforms. Bell comments, “Success lies in leading with vision, inspiring a high-performing team and unlocking new revenue opportunities across our traditional and digital platforms. Summit has built a team of great people — with great products and great markets — that equal great opportunities.”