Industry News

Shelby Cassesse Announces Exit from Audacy Pittsburgh

Pittsburgh media personality Shelby Cassesse is leaving her role with Audacy’s news/talk KDKA-AM and sports talk KDKA-FM “93.7 The Fan,” according to the Pittsburgh Post-Gazette. Cassesse had beenim serving as a full-time KDKA Radio reporter since February 2021 and hosted her own Sunday morning talk show on “93.7 The Fan.” She posted to social media, “While news has offered so many opportunities for growth, my heart has always been in sports journalism and it’s time to fully focus on that path.” Audacy Pittsburgh SVP and market manager Michael Spacciapolli says, “We are so grateful for all of Shelby’s work in the KDKA newsroom. Her time as a host at ‘The Fan’ will forever be a part of the history of that great radio station. We know the future will bring her great things. We are fortunate to be a part of her journey.” Read the Post-Gazette story here.

Industry News

TALKERS News Notes

“The Stephen A. Smith Show” moves from Audacy’s Cadence 13 to iHeartMedia’s iHeartPodcast Network for distribution. The show is produced by Smith’s Mr. SAS with Smith serving as executive producer.

Hannah Brummer joins TM Studios’ affiliate relations department serving under senior affiliate relations director Steve Kaufman.

Baltimore Public Media officially launched yesterday (2/26). The move unites radio stations WYPR and WTMD under a single, dynamic umbrella branded “Your Public Media” more than three years after the November 2021 acquisition of WTMD-FM from Towson University. Currently serving as president and GM for the company is former CBS News Radio vice president and general manager Craig Swagler.

Beasley Media Group promotes Luis “Speedy Jr” Gonzalez to director of video and audio production for its Tampa Bay cluster.

Industry News

Rob Parker to Build Detroit Sports Talker with Black Talent

This story was first reported by the Detroit News last week. Awful Announcing summarizes the piece as sports media personality Rob Parker and retired NBA player and current agent B.J. Armstrong areim building “Sports Rap Radio” to air on Audacy’s WXYT-AM, Detroit with a target launch of mid-May. In what will likely be a first in sports talk radio, the lineup of air talent will be all-Black. WXYT-AM currently airs Audacy’s BetQL Network programming. Parker is quoted by the Detroit News saying, “It will be young people getting opportunities and former athletes, from Detroit or with ties to Detroit.” The lineup will be local from 7:00 am to 7:00 pm and will segue into FOX Sports Radio’s “The Odd Couple” featuring Parker and Chris Broussard at 7:00 pm. Parker plans to fill the overnight hours with podcasts featuring Black hosts. Read the Awful Announcing story here.

Industry News

Bill Smee Steps Down from VP News Role at Audacy

In a post on LinkedIn, media pro Bill Smee announces he’s stepped down from his vice president of news post at Audacy to pursue consulting and project management work. He writes: “I’m happy to announce that I’m moving into a new professional chapter: I’ve stepped down as VP of news at Audacy and I am diving back into the strategic consulting and project management work that I enjoyed for a number of years. It has been incredibly rewarding to work these last four years with so many talentedim and passionate people within Audacy’s newsrooms and across the larger company. And I’m proud of our collective accomplishments: building out digital and podcasting capacity; integrating broadcast and digital teams within newsrooms; strengthening communication and collaboration across a network of brands; navigating the first wave of AI; and creating new revenue opportunities in partnership with sales teams. All of this was done while delivering over and over in high-leverage, breaking news situations and racking up awards that validate Audacy’s local news brands as best in class. The challenges for media and journalism these days — and for local news in particular — are profound, and the stakes are high. But there are new frontiers on the horizon, and we can deploy innovative ways of thinking about how we do what we do. As always, I’m excited to explore those frontiers and draw on my many years of strategic and operational experience to help media brands and other organizations find a way forward.”

Industry News

Judge Approves Audacy Reorganization Plan

As expected, United States Bankruptcy Court for the Southern District of Texas Judge Christopher M. Lopez approved Audacy’s Chapter 11 reorganization plan in which Audacy will equitize approximately $1.6 billion of funded debt, a reduction of 80% from approximately $1.9 billion to approximately $350 million. Prior to yesterday’s hearing, there were only two objections to the plan filed and both wereim settled beforehand. Audacy expects to emerge from the Chapter 11 process after approval from the FCC. Audacy chairman, president and CEO David J. Field says, “Today’s announcement marks a powerful step forward for Audacy, positioning the company for an exciting future. As expected, we have achieved a speedy confirmation of our prepackaged Plan, which will enable Audacy to pursue our strategic goals and opportunities in the dynamic audio business. We aim to drive accelerated growth and financial performance, capitalizing on our scaled, leadership position, our uniquely differentiated premium audio content and the robust capital structure that we will have upon emergence. I also want to express my gratitude to our team, who continue their outstanding work to serve our listeners and customers with excellence and fulfill our commitments without missing a beat.” The company notes that under the Plan, trade and other unsecured creditors will not be impaired.

Industry News

KDKA-AM, Pittsburgh’s Marty Griffin Hospitalized

KDKA-AM, Pittsburgh morning drive co-host Marty Griffin is currently off the air at the Audacyim news/talk outlet and has been admitted to the hospital at UPMC dealing with what he called “crazy, insane” pain in his throat. Griffin, who battled throat cancer several years ago and has been in remission, says that late last week he couldn’t swallow anything and that the pain was something he never felt in his life. At this time, Griffin has been diagnosed with pneumonia, but doctors are also trying to determine if he has an infection of if the cancer has returned.

Industry News

WXYT-FM, Detroit’s Mike Stone Signs Off

Longtime Detroit sports media personality Mike Stone, a.k.a., Stoney, co-hosted his last show on Friday (2/16) as he retires from Audacy’s WXYT-FM, Detroit “97.1 The Ticket.” The Detroit News report says,im “He arrived in the area in 1986, and in 1994, he helped launch WDFN ‘The Fan.’ In the late 1990s, he teamed with Bob Wojnowski for the ‘Stoney and Wojo Show,’ that made Stone a household name for decades to come.” Stone told his listeners, “I am somewhat sad that I will not be on the air every day. But I know that sadness ends when there’s no fricking alarm at 4:30 in the morning.” Read the Detroit News’ coverage here.

Industry News

Nielsen: Radio Can Grow Reach of Political Campaigns

Audacy SVP and head of research & insights Idil Cakim dives into a new political study by Nielsen (commissioned by iHeartMedia, Audacy and Cumulus) that suggests advertising on radio can provide political campaigns with an edge and help “connect with key voter groups and amplify other political advertising.” The Nielsen study – Optimizing Political Campaigns in November – concludes that “if a campaign reallocated 20% of existing ad dollars to radio, it couldim reach 17% more voters.” The study references Pennsylvania Senator John Fetterman’s 2022 campaign, noting that it deployed radio to reach voters in Philadelphia and Pittsburgh. In doing so, it allocated 20% of media dollars to radio and generated a 10% lift from radio above the local TV campaign, amounting to 676,000 additional voters at no extra cost. Audacy SVP of strategy, partnerships and analytics Jon Blum says, “When campaigns activate a TV plan, they should activate a corresponding radio plan and incorporate it into the mix with TV. The portion of the population that isn’t reachable via TV could be the swing vote and what throws it over the top for a candidate.” Nielsen’s study noted that if a campaign moved 20% of ad spending to radio, the optimized media plan would connect with 15% more Democratic and Republican voters and 23% more unaffiliated voters. See more about the study here.

Industry News

WSCR, Chicago to Present “QB1 Town Hall”

Audacy sports talk WSCR-AM, Chicago “670 The Score” is addressing what’s on every Chicago sports fan’s mind as it presents a live broadcast of the “Parkins & Spiegel Show” (Danny Parkins and Matt Spiegel) called, “QB1 Town Hall.” The Wednesday (2/21) broadcast looks at whether the Chicago Bearsim should keep quarterback Justin Fields or trade him in the upcoming draft for the #1 pick. Parkins and Spiegel will kick off the discussion from Audacy Chicago’s Blue Cross Blue Shield Performance Stage from 2:00 pm to 6:00 pm. Football experts and a live audience will join Parkins and Spiegel to weigh in on the looming decision. “The Score” ran a contest this week for a chance to attend the “QB1 Town Hall.” These winners will make up the crowd that will have the opportunity take part in the debate. WSCR VP of programming Mitch Rosen says, “This decision will determine the entire season’s trajectory and the fans are passionate about their views on it. We’re looking forward to opening up this conversation to our listeners and Bears faithful.” The show is being made available via the Audacy app & website, the station’s Twitch, and YouTube channels.

Industry News

Post: Soros Fund Management Buys Audacy Debt

According to a story in the New York Post, the George Soros controlled Soros Fund Management has bought $400 million worth of Audacy’s debt, estimated to be about 40% of the company’s total senior debt. Theim  Post says it confirmed the report with Audacy and the company added, “The decision by our existing and new debtholders to become equity holders in Audacy represents a significant vote of confidence in our company and the future of the radio and audio business.” The story cites an insider close to the situation who is a Republican saying he believes its “possible Soros was buying the stake to exert influence on public opinion in the months leading up to the 2024 presidential election.” Read the Post story here.

Industry News

Audacy Stations and Talent Receive PAB Honors

Audacy stations and hosts in Pennsylvania received 15 2024 Excellence in Broadcasting Awards fromim the Pennsylvania Association of Broadcasters. They include: WPHT, Philadelphia afternoon host Rich Zeoli and the morning show “Kayal & Company” both receiving 2024 Outstanding Local Radio Personality/Team honors, and news/talk KDKA-AM, Pittsburgh and all-news KYW-AM/FM, Philadelphia both receiving several programming honors. Recipients will celebrate at a luncheon in May.

Industry News

Audacy Seeks to Sell Boston Real Estate

Audacy petitions the U.S. Bankruptcy Court to allow it to sell real estate as it winds its way through Chapter 11 reorganization. It is selling its tower site in the Boston suburb of Needham to ATS-Needhamim LLC for $3.5 million and its Boston real estate – the location of its radio station offices – at 83 Leo M. Birmingham Parkway – to 83 Leo Property Owner LLC for $18.1 million. Audacy will lease back the studio property for a base rent of $40,000 per month. A hearing before U.S. Bankruptcy Judge Christopher Lopez is scheduled for February 20.

Industry News

TALKERS News Notes

Cumulus Media Inc will host a conference call on February 27 at 8:30 am ET to discuss its fourth quarter and full year 2023 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 am ET.

Audacy announces that according to Triton Digital’s U.S. Podcast Report 2023, it is the number one sports podcast network, based on average monthly downloads for all networks measured in Triton’s U.S. Podcast Ranker from January to December 2023. Audacy says, “With over 600 titles in its portfolio, Audacy boasts three times more sports podcasts than any competitor and is the industry’s largest provider of sports content.”

Industry News

KDKA-AM, Pittsburgh PD Dave LaBrozzi Announces Retirement

Via a message on Facebook, programming pro Dave LaBrozzi – currently brand manager for Audacy’s news/talk KDKA-AM, Pittsburgh – announces he’ll retire in early April. He writes, “I look back with gratitude. It began a long, long time ago at 1250 WLEM in my small wooded hometown of Emporium,im and I would have never imagined that all of my dreams would be multiplied by two. I was blessed with an amazing journey; from Emporium to New York City and every city in between including Nashville, Dallas, San Antonio, Austin, Baltimore and Pittsburgh…. The best part of my job was working with some of the best talent in the country. I tried to never get in their way, and I listened in awe to what they created daily. They were the reason for my success, and I am thankful for the privilege of tagging along… The time has come for me to walk away, and I do so with the deepest appreciation. If I worked with you, I hope you can say that I gave you my best and that I helped you succeed. I know my life was richer because of you and I will cherish the memories we created together. Thank you! Now, about that last break…”

Industry News

Audacy Won’t Challenge BMI Merger in Exchange for $25.4 Million in Stock

A bankruptcy court judge is agreeing to Audacy’s settlement with BMI in which Audacy agrees not to challenge BMI’s pending merger in exchange for at least $25.4 million in BMI stock. This comes as Audacy makes its way through the Chapter 11 proceedings and addresses both the audit dispute and fee dispute Audacy has with BMI. Regarding the audit dispute over how many BMI shares Audacy owns,im Audacy agrees to pay BMI $550,000 in settlement of those claims. Audacy and BMI agree to resolve the fee dispute with 60 days of BMI’s merger. Based on the results of the 2017-2019 Audit, BMI asserted that Audacy owed approximately $1.68 million in fees to BMI. Audacy disputed BMI’s claim and, since 2020, has been negotiating with BMI to settle that matter and any potential claims relating to Audacy’s 2020 revenue subject to license fees. BMI has also asserted that Audacy owes approximately $9.26 million in unpaid license fees and accrued late fees, which Audacy disputes. Audacy says in its filing that this “Settlement is in the best interest of all stakeholders (including Debtors’ secured creditors, the only impaired parties) because it will, subject to the closing of the merger, bring in at least $25 million of funds to the Debtors’ estates (potentially within days of this settlement being approved), with the possibility for up to an additional $13.6 million in the following months.”

Industry News

TALKERS News Notes

Audacy announces the launch of “One Handshake Away: Peter Bogdonavich & The Icons of Cinema,” a seven-part limited-run series featuring Academy Award-nominated director, writer, actor, producer, critic, and film historian Peter Bogdanovich in conversation with some of the greatest directors past and present including Orson Welles, Greta Gerwig, Quentin Tarantino, and Alfred Hitchcock from both new and never-before-heard archival interviews.

BIN: Black Information Network and iHeartMedia announce “Black Land,” a new podcast that will “look into the lives of ordinary people and bring to life their extraordinary tales of triumph and circumstance through the lens of community.” Hosted by Emmy-award winning, BIN: Black Information Network journalist Vanessa Tyler, the new series will dive deep into uncharted stories and give an overdue and deserving voice to those who have often experienced the other side of the American dream. Tony Coles, president, BIN: Black Information Network, says, “These stories are not just important – they are essential. We will continue to use this platform to amplify marginalized voices, foster understanding and contribute to a more inclusive, understanding, and compassionate world.”

Industry News

Audacy and Veritonic Renew Relationship

Audacy and audio analytics and research platform Veritonic announce they have renewed their partnership. Audacy SVP of research and insights Idil Cakim comments, “Measuring the impact of ourim total Audio campaigns — including radio, streaming and podcast advertising— with Veritonic allows us to show the power of Audacy’s content in connecting with audiences and mobilizing customers. We’re thrilled to continue our partnership and enable our clients and advertising partners to leverage audio to achieve the utmost in competitive edge, reach, and ROI.”

Industry News

WGAE Responds to Audacy’s Pineapple Street Layoffs

The union that represents writes at Audacy-owned podcast division Pineapple Street Studios is denouncing the company’s decision to eliminate a dozen positions. Writers Guild of America East says, “The Pineapple Street Union is devastated by yesterday’s layoffs, which impacted 12 talented colleagues — 11 of them within our union. This comes just six months after the company laid off threeim other members of our unit. First and foremost, we denounce layoffs in their entirety; we believe this form of ‘cost cutting’ is fundamentally avoidable, and we don’t think innocent, hardworking staff should ever lose their livelihoods over mismanagement at the highest levels of a company. As previously reported, our parent company, Audacy, filed for bankruptcy at the beginning of this year after racking up $1.9 billion in debt. This same company also gave out at least $3.2 million in executive bonuses just months prior… Today, our union began the bargaining process where we will be fighting for the severance that our colleagues deserve — compensation that honors the immense time, skill, and creativity that each of them dedicated to the company over the years.”

Industry News

WCCO, Minneapolis Helps Raise $443,000 to Fight Hunger

Audacy’s news/talk WCCO-AM, Minneapolis helped raise more than $443,000 to benefit Second Harvest Heartland during its 15th annual “Let’s Kick Hunger Day Radiothon” yesterday (2/1). Theim amount raised brings the fundraising total to more than $4.2 million since 2010. Audacy Minneapolis SVP and market manager Jeff Gonsales says, “I couldn’t be prouder of everyone’s hard work on this event. This is yet another great example of how local radio can truly help change lives. We’re so grateful that WCCO can partner with Second Harvest Heartland and impact the community on such an amazing and rewarding day.”

Industry News

TALKERS News Notes

Research Director, Inc promotes Nicole Somerville to chief operating officer. Somerville joined the company in July of 1998 and has held several prominent positions over the past 25-plus years. In 2022, she began her role as data and production manager where she oversaw the process of transforming raw data into specific, actionable client deliverables.

iHeartPodcasts, Dan Patrick, and Never Ever Productions announce the addition of “Playing Dirty: Sports Scandals” to The Dan Patrick Podcast Network. The new podcast features stories from the dark side of sports – from passport doping and armed assault to car chases and sex scandals. The series is narrated by veteran ESPN personality Jay Harris and written by Emmy Award-winning sports broadcaster Jenn Brown and federal prosecutor Francey Hakes.

Audacy launches “Superfly,” a new, weekly spinoff of the comedy podcast, “Fly on the Wall,” created and hosted by Dana Carvey and David Spade. On “Superfly,” Carvey and Spade will riff on current events, pop culture, social clips, and audience submissions with their trademark hilarity, absurdity, and impressions, with guests appearing from time to time.