Industry News

LiveOne Issues Update on PodcastOne Spin-Out

LiveOne provides an update on the planned spin-out of PodcastOne. The previously announced plan would make PodcastOne a separate, publicly traded company on the Nasdaq exchange. LiveOne states that after the spin-out, it would own 74% of PodcastOne’s outstanding shares. For LiveOne shareholders, they would receiveim .048 shares of PodcastOne in the special dividend for each LiveOne share they own. LiveOne also says that the spin-out would allow for repayment of $3 million of PodcastOne’s convertible debt. However, LiveOne also states that “PodcastOne’s planned direct listing, amount of the special dividend and LiveOne’s shareholders’ dividend eligibility shall be subject to obtaining approval from the applicable national exchange and compliance with applicable rules and regulations and trading and listing requirements. There can be no assurance that PodcastOne’s efforts will result in the consummation of the proposed direct listing and/or special dividend.”

Industry News

Yesterday’s (6/13) Top News/Talk Media Stories

Former President Donald Trump is formally arraigned on charges of mishandling classified documents and obstruction; the deal between House Speaker Kevin McCarthy and far-right Republicans to call off the procedural impasse; the economy and whether the Fed will raise interest rates again or hold off for now; U.S.-China relations ahead of Secretary of State Anthony Blinken’s trip to Beijing; and the EU’s A.I. Act that puts limits on the potential uses of artificial intelligence were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

Future of AM Radio Front and Center in Washington, DC

Today and tomorrow (6/13-14), broadcasters from around the country are in Washington, DC for a conference hosted by the National Association of Broadcasters and the National Alliance of State Broadcasters Associations that will focus on broadcasters’ response to certain automakers removing AM radio from their newer model vehicles and a regulatory proceeding examining carriage of broadcast television programming onim streaming platforms. Attendees will discuss the latest radio and automotive trends and how AM operators can prepare their stations for the future. Senators Ed Markey (D-MA) and Deb Fischer (R-NE) will also offer insight into recently introduced legislation aimed at preserving AM radio in automobiles and representatives from the Federal Emergency Management Agency will discuss AM radio’s critical role in the National Public Warning System. Following the conference, attendees will travel to Capitol Hill to speak with lawmakers about the importance of in-vehicle AM radio, especially during times of emergency and they will encourage congressional passage of the AM Radio for Every Vehicle Act.

Industry News

WABC, New York Adds Roger Stone Show to Sundays

Political strategist Roger Stone joins the staff of WABC, New York for a one-hour, weekly show that airs Sundays at 3:00 pm. Stone was convicted of obstructing a congressional investigation into Trump’s 2016 campaign and possible ties to Russia, but his sentence was commuted by Trump. Stone’s program debuted onim June 11 with an interview with the former president. Red Apple Media CEO John Catsimatidis says, “Roger’s impressive career has established him as a prominent figure in American politics. His wealth of experience offers an insider’s view into the political landscape, providing listeners with rare behind-the-scenes insights, razor-sharp analysis, unparalleled insights, and dedication to the truth will captivate audiences worldwide,”

Industry News

Cumulus Media to Buy 1.7 Million Shares in Modified Dutch Auction

Cumulus Media Inc announces the results of its “modified Dutch auction” – part of the company’s previously announced $50 million share repurchase program – and a total of 1,745,005 shares of the Company’s Class A common stock were validly tendered at or below a purchase price $3.25 per share and not validly withdrawn,im including 5,000 shares of the Company’s Class A common stock that were tendered through notice of guaranteed delivery. Cumulus says the aggregate cost will be approximately $5.7 million, excluding fees and expenses relating to the tender offer. These shares represent approximately 9.8% of the Company’s outstanding Class A common stock as of June 9, 2023.

Industry News

“New Jersey 101.5” Presents Town Hall on Victim-Proofing

This Thursday (6/15), Townsquare Media’s WKXW-FM, Trenton “New Jersey 101.5” presents a town hall-style discussion titled, “Victim-Proofing Your Life.” The station says this presentation “will help New Jersey residents protect themselves from a tidal wave of scams, auto and home thefts, mass shootings, and identity theft thatim has reached epidemic levels.” Station senior political director Eric Scott will lead the discussion with safety and security experts to help listeners identify and safeguard themselves from these threats. He says, “From home break-ins, catalytic converter thefts and internet scams, there is no shortage of ways that bad actors try and take advantage of you. This program will help New Jersey residents protect themselves from bad actors who are operating throughout New Jersey.”

Industry News

Yesterday’s (6/12) Top News/Talk Media Stories

The federal indictment of former President Donald Trump and his expected appearance in Miami today for an indictment hearing; the 2024 presidential race and Chris Christie’s Monday evening CNN Town Hall; the intensifying fighting in the Russia-Ukraine war; China’s Xi Jinping prepares citizens for “conflict” with the West; and criticism of the White House Pride Month celebration were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

VIDEO POSTED: Newsmax CEO Christopher Ruddy Interviewed in Fireside Chat at TALKERS 2023

One of the talk media industry’s most impactful movers and shakers, Christopher Ruddy, CEO of Newsmax Media spoke at TALKERS 2023 on June 2 at Hofstra University on Long Island. Ruddy engaged in one of the conference’s two “fireside chats” hosted by TALKERS publisher  Michael Harrison. According to Harrison, “There isn’t a day that Chris Ruddy isn’t in or behind

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the media news. The growth of Newsmax on the television, radio, print and digital fronts has been nothing short of phenomenal. He is extraordinarily connected and his influence on this business as well as the national conversation is on a non-stop upward trajectory. I was
imdelighted to have him as a guest in this setting and at this time.” In a fast-paced session sponsored by Collette guided travel tour specialists, Ruddy and Harrison engaged in a candid conversation about positioning, programming and navigating the infrastructure of modern media including print, digital and radio as well as cable news/talk television. See the exclusive video of the session here.

Industry News

Westwood One: Nielsen Reveals Top DMAs for AM Listening

A recent blog post from Cumulus Media | Westwood One’s Audio Active Group addresses the most recent data released by Nielsen that reports the 141 local markets where AM radio is listened to by at least 20% of the radio audience. This latest data from Nielsen takes a deeper look into “the vitality of AM radio in local markets with new data at the state and local DMA level.”im These DMA analyses are based on all radio stations in the U.S., not just Nielsen subscribers. The top DMA is Glendive, Montana with 72.1% of the population using AM radio. While the most AM radio listening tends to be done in Midwestern DMAs, there is still substantial AM listening done in Eastern markets. For example, Chicago is the #8 DMA for AM listening with 51.2%, but Seattle-Tacoma is not far behind at #14 with 42.8%, San Francisco-Oakland-San Jose is #20 with 41.3%, and the top two DMAs by population – New York and Los Angeles – show AM listenership is done by 31.8% of the population. See the whole report here.

Industry News

Mike Gallagher to Broadcast from Miami Tomorrow

Salem Radio Network talk host Mike Gallagher is preparing to host his Tuesday program from the studios of Salem Media Group in Miami to coincide with former President Donald Trump’s scheduled appearance in Miami for an indictment hearing. Salem says, “The special broadcast will include reaction to the indictment from newsmakers, live interviews with Trump supportersim gathered outside the Federal courthouse and calls from Mike’s nationwide audience giving their perspective on this unprecedented moment in our nation’s history. In addition to broadcasting his nationally-syndicated talk show from Salem/Miami….Gallagher and “Mike Gallagher Show” staffer Tracee Stockwell will then head to the Federal Courthouse where political supporters of the 45th president are organizing what’s being billed as ‘a peaceful rally in support of President Trump.’” Video of the Gallagher special will also be cleared live on the Salem News Channel.

Industry News

Class of 2023 Inducted into MBA Hall of Fame

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The Massachusetts Broadcasters Association inducted the Class of 2023 into the Massachusetts Broadcasters Hall of Fame at a ceremony attended by almost 300 broadcasters, friends, and fans last Thursday (6/8). The six inductees are: retired long-time former sports anchor Mike Lynch from Boston’s WCVB-TV; the late and beloved videographer Therman Toon from Boston’s Channel 7; the late WBZ-TV, Boston, reporter, the gifted storyteller Bill Shields; from WBZ NewsRadio 1030, Boston, the heralded news reporter and “poet laureate” Carl Stevens; Spanish-language radio station entrepreneur Patrick Costa; and Lesley University communications professor and former rock and roll DJ Donna L. Halper. Halper also received the Hall of Fame Pioneer Award, given, as HOF committee chair Peter Brown explained, “to individuals who have distinguished themselves over decades for lasting contributions made to the broadcast industry and through a leadership role in their particular craft.”

Industry News

Top News/Talk Media Stories Over the Weekend

The indictment of former President Donald Trump on charges related to his possession of classified and top-secret documents; House Speaker Kevin McCarthy’s battle against the far right members of the House who oppose his speakership; the homelessness crisis in a growing number of American cities; the backlash against LGBTQ activism; the 2024 presidential race and RFK Jr.’s challenging Joe Biden for the Democratic nomination; the destruction of a portion of I-95 in Philadelphia after a tanker fire; the Canadian wildfires and concerns they’ll continue all summer long; and Italy’s Silvio Burlesconi dies at 86 were some of the most-talked-about stories over the weekend, according to ongoing research from TALKERS magazine.

Industry News

Red Apple Media CEO John Catsimatidis Wants to Buy CNN

The owner of New York City’s legendary news/talk outlet WABC says he’s interested in buying cable news/talk channel CNN, telling the New York Post that “CNN deserves to be #1 in the world right now.” Red Apple Media CEO John Catsimatidis mused about acquiring the embattledim cable channel while speaking on WABC’s “Sid & Friends in the Morning” program. When asked by the Post about details of a bid for CNN, including how much he’d pay, he said, “It’s up to the investment bankers to come up with the numbers… We could always bring partners in, but I want to run the place. We are capable of putting down a substantial amount of money.” Catsimatidis added, “I’d go run the place tomorrow morning, and all I’d want is $1 per year and a piece of the upside,” saying he could “double the profits” in a brief period of time. Read the Post story here.

Industry News

KTFM-FM, San Antonio’s James Pledger Launches New Sports Show

Alpha Media’s sports talk KTFM-FM, San Antonio shifts the afternoon drive program “The Blitz with Jason Minnix and Joe Reinagel” from the 3:00 pm to 7:00 pm slot to an earlier 2:00 pm to 6:00 pm airing and gives show producer James Pledger his own one-hour show titled, “Extraim Innings with Pledger,” airing from 6:00 pm to 7:00 pm. Pledger says, “I’m excited for the opportunity. This has legitimately been a dream to have a weekday show.” Pledger will continue to produce the “The Blitz” as well as host “The Saturday Morning Hangover” program. He adds, “I’ve worked for this for so long. I have long wanted to be in both worlds because of the creativity that I use when producing, how it differs from creating a show. I love flexing both of those creative muscles.” Read the KENS-TV report here.

Industry News

Top News/Talk Media Stories for Week of June 5-9

The 2024 presidential race – including former Vice President Mike Pence and former New Jersey Governor Chris Christie entering the GOP primary race – was the most-talked-about story in news/talk media this week, landing atop the Talkers TenTM. At #2 this week was the indictment of former President Donald Trump on charges of mishandling classified documents, followed by the House GOP infighting at #3. The Talkers TenTM is a weekly chart of the top stories and people discussed in news/talk media during the week and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Industry News

Lee Davis to Lead Audacy’s Reorganized Sports Sales Team

Audacy announces a new “sales and enablement team dedicated to accelerating growth within the company’s sports vertical” to be led by the company’s Lee Davis, who is named senior vice president of the team. Audacy says Davis’ team is “charged with developing high-value, high-return programs leveraging the power of Audacy’s sports platform across its broadcast,im streaming, podcasting, and wagertainment properties. Under Davis’ leadership, the team will be responsible for sales and execution, managing the entire client lifecycle.” Audacy chief revenue officer Brian Benedik comments, “No medium delivers more value for sports than audio. People are spending more time than ever with broadcast radio, streaming and podcasts, and the demand for compelling sports content across these channels is growing exponentially. Through our best-in-imclass sports audio portfolio, powered by over 150 flagship team partnerships, iconic local broadcast brands, award-winning podcasts and sports betting content, Audacy is uniquely positioned to capitalize on a new sales strategy in this arena.” Audacy says, “From 1990 to 2005, Davis was key in building WFAN into America’s #1 sports radio station, overseeing local and national sales, programming and marketing, helping shape it into the highest-grossing station in the country.” Davis rejoined Audacy in 2018 to lead the reboot of Traffic Weather Information Network’s on-air content and ad operations teams.

Industry News

Mike Gallagher Listener Event to Feature “Muzzled” Children’s Choir

When Salem Radio Network personality Mike Gallagher hosts his live, listener event tomorrow (6/9) in Greer, South Carolina, the Rushingbrook Children’s Choir from Greenville, South Carolina will perform. That choir was the one that was cut off from finishing its performance ofim “The Star Spangled Banner” in the rotunda of the U.S. Capitol by Capitol Police. Gallagher says, “We had already scheduled an evening of lively discussion about politics and current social issues when a video of these wonderful kids being cut off went viral. When we meet at the historic Greer Depot on Friday night, I can assure you the Rushingbrook Children’s Choir will perform our National Anthem unencumbered and will only be interrupted by thunderous applause from our listeners.”

Industry News

Bob Kevoian Returns to Bob & Tom; Promotes Cancer Podcast

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Pictured above is Bob Kevoian (second from left), former co-host of “The BOB & TOM Show,” reunited with Tom Griswold (third from left) and the rest of the nationally syndicated program’s cast. Kevoian retired from the show in 2015 and returned to share his experiences in the wake of a gastric cancer diagnosis and his new podcast, “The Bob and Cancer Show.” In the podcast’s first episodes, Bob and co-hosts Becky Kevoian and Whit Grayson discuss the initial shock and numbness that came with the diagnosis, and then follow up with ways to stay positive and fight cancer with food, as they discuss the importance of setting goals and working to achieve them, while embracing uncertainty.

Industry News

Yesterday’s (6/7) Top News/Talk Media Stories

The intense smoke and haze blanketing much of the East from wildfires in Quebec; the 2024 presidential race and former Vice President Mike Pence’s CNN Town Hall; the Justice Department informs former President Donald Trump that he’s the target of a federal investigation into the mishandling of classified documents; the stalemate between far-right House Republicans and House Speaker Kevin McCarthy; CNN parts ways with chief executive Chris Licht after a little more than a year; the Russia-Ukraine war and the destruction of the Nova Kakhovka dam allegedly by the Russians; and the controversial partnership of PGA Tour and LIV Golf were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

WFLI, Chattanooga Flips to News/Talk

Tri-State Radio’s WFLI-AM/W262DQ launches a news/talk/sports format, flipping back to spoken-word from the classic hits format it’s been airing. The station’s lineup includes a simulcast of WTVC-TV’s “Good Morning Chattanooga” from 4:30 am to 7:00 am, followed by the syndicated “Rick & Bubba” show from 7:00 am to 10:00 am. Real estate expert Del Walmsleyim hosts “Lifestyles Unlimited” from 10:00 am to 12:00 noon, followed by Premiere Networks’ “The Clay Travis and Buck Sexton Show” from 12:00 noon to 3:00 pm, “The Sean Hannity Show” from 3:00 pm to 7:00 pm and Outkick’s “Hot Mic” with Chad Withrow and Jonathan Hutton from 7:00 pm to 10:00 pm. Tri-State Radio president Evan Stone says, “We felt like there was a void for more regional and local news, talk and sports – that was the motivation behind putting this lineup together. The ability to add the two biggest shows in conservative talk in Hannity and Clay and Buck was a no-brainer. It’s hard to find a bigger name in news talk than Sean Hannity and Clay Travis with his connection to the state of Tennessee… aligns us very well for success. Throughout the day we’ll feature local and regional newscasts and sportscasts every hour.”

Industry News

Yesterday’s (6/6) Top News/Talk Media Stories

Mike Pence and Chris Christie officially enter the GOP primary race for president in 2024; the legal battles facing former President Donald Trump; the GOP lawmakers turning against House Speaker Kevin McCarthy over the debt ceiling deal; the transportation of migrants from Florida to Sacramento and California Governor Gavin Newsom’s threats against Florida Governor Ron DeSantis; the investigation into the Biden family’s finances and the removal of IRS whistleblowers from the case; the ongoing pushback against LGBTQ activism; the devastating flood resulting from Russia’s alleged destruction of Ukraine’s Kakhova dam; and the air quality over much of the Eastern U.S. due to wildfires in Quebec were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

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TuneIn Offers Free Digital Transmission to AM Radio Stations

Audio content aggregator TuneIn is offering FCC-licensed AM broadcasters in the U.S. access to its analytics service Amplifier and increase the sound quality of their digital broadcasts for free with TuneIn On-Air. The company says, “With the accessibility of terrestrial radio on the decline, from electric vehicles without receivers to smart home systems that rely entirely on digitallyim streaming content, the industry is at a critical crossroads. TuneIn On Air digitally optimizes the reach of audio content to over 30 million TuneIn users across the country. Accessibility of AM content also increases to over 200 connected devices that partner with TuneIn, including, but not limited to, Amazon Alexa; Google Home; Sonos and Bose speakers; all iPhones and Android-based phones; and Tesla, Fisker and VinFast electric vehicle integrations.” TuneIn CEO Rich Stern adds, “The future of AM Radio is on the top of all of our minds. TuneIn is committed to helping AM radio thrive in the digital world. It offers such a vast and rich library of audio programming that is integral to millions of Americans’ daily lives. Offering AM broadcasters the opportunity to digitize through TuneIn On Air for free is one way we can build a brighter future together.”

Industry News

Yesterday’s (6/5) Top News/Talk Media Stories

The 2024 presidential race and Mike Pence and Chris Christie join the GOP primary race; the legal battles facing former President Donald Trump; the investigation into the Biden family’s finances and the House Oversight Committee’s unfulfilled request for information from the FBI; the consumer backlash against Anheuser-Busch and Target for its LGBTQ-friendly marketing plans; the status of CNN CEO Chris Licht in the wake of a profile piece about him published in The Atlantic; Ukraine accuses Russia of destroying the Kakhovka dam and hydroelectric power station; immigration and the transporting of migrants from Florida to Sacramento; and GOP presidential candidate and South Carolina Senator Tim Scott’s appearance on “The View” were some of the most-talked-about stories in news/talk media yesterday, according to ongoing research from TALKERS magazine.

Industry News

TALKERS 2023 Lives Up to High Expectations

For 10 exciting hours on Friday, June 2, Hofstra University in Hempstead, New York became the center of the talk media universe as some 250 professional broadcasters and dedicated students of communications gathered to hear more than 60 speakers in addition to networking with each other at TALKERS 2023. It was the 26th annual installment of the talk show field’s longest running and most important national conference. Speakers included such luminaries as WABC, New York/Red Apple Media CEO, John Catsimatidis; Newsmax Media CEO, 

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Christopher Ruddy; Connoisseur Media CEO, Jeff Warshaw; KBLA Talk 1580, Los Angeles CEO (and Freedom of Speech Award recipient) Tavis Smiley; Sound Mind, LLC CEO (and Lifetime Achievement Award recipient) Kraig T. Kitchin; and WDUN, Gainesville, GA talk show host (and Woman of the Year recipient) Martha Zoller. There was a special, exclusive video appearance by iHeartMedia CEO Bob Pittman. The iconic conference included panel discussions addressing such topics as programming news/talk and sports talk radio, podcasting, generating revenue, artificial intelligence in broadcasting, navigating a talk show hosting career, AM radio and automobiles, the challenges facing the ratings process, and the future of technology and media. Speakers included major talk show hosts, program directors, brand managers, agents, syndicators and radio station owners. Look for extensive stories and photos from the conference in TALKERS over the next days and weeks including full video coverage of every speech, panel and presentation. All of us at TALKERS are grateful to the talk media industry for making TALKERS 2023 a tremendous success!