Industry News

Vintage Cable News/Talk Video Documents Early Hannity Performance

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A fascinating example of early cable news/talk television history has been posted today (9/22) on the TALKERS MEDIA YouTube channel series “Up Close Far Out with Michael Harrison.” The episode presents key segments from a vintage program that served as one of the forerunners of modern cable news/talk television. This particular installment preserves what was likely the first documented appearance of Sean Hannity hosting a national network cable television program. The series, titled “Talk Live,” ran for several years in the mid-1990s on CNBC. It covered news and politics, as well as a wider scope of popular culture including arts & entertainment. Not only did it feature an array of guest panelists, but it also showcased a variety of guest hosts. Several of them were drawn from the ranks of radio. Talk radio was the hot new thing in the exploding world of interactive post-fairness doctrine media at the time and television executives were trying to identify hosting candidates from radio to make the transition from audio to video. This particular installment was spearheaded by media impresario Roger Ailes, who went on to form the FOX News Channel. It originally ran 31 years ago, on October 15, 1994, and holds particular interest for students and fans of talk media history. Hannity was, at the time, a rising star as a local host on WGST in Atlanta and was most likely being scouted by Ailes for consideration as a TV host for his forthcoming projects. The episode also featured a noteworthy panel booked by then-CNBC producer Vicky Pomerance that included the late radio talk show legend Bob Grant, then of WABC, New York; international talk media mainstay Victoria Jones, then of WWRC, Washington, DC (currently executive director of PR firm, the DC Radio Company); and TALKERS publisher Michael Harrison. Their conversation delivers fascinating retrospective insight into the issues surrounding the burgeoning talk radio medium, circa the mid-1990s, such as the Fairness Doctrine, as well as the growing rift between liberals and conservatives, and the public’s growing disillusionment with the legacy media and political establishment. Looking back at the video, Harrison states, “Watching his performance more than three decades ago, it was evident that Sean was a natural for the medium – displaying remarkable looks, poise, knowledge and glibness that would serve him well as he went on to become a top-rated, long-running superstar at FOX News Channel and one of the most successful radio talk show hosts of all time.” Check out the video by clicking here.

Industry News

Newsmax Stock Soars After IPO

The newly issued shares of media organization Newsmax went through the roof yesterday – rising to $233 per share from its Monday debut of $14 per share. Newsmax stock trades on the New York Stockimg Exchange under the ticker symbol NMAX. CNBC reports that the rise brought the company’s market capitalization to “nearly $30 billion – surpassing the market cap of legacy media companies like Warner Bros. Discovery and Fox Corp.” Newsmax CEO Christopher Ruddy told CNBC, “Americans for a long time have been voting with their remote controls, downloads, apps to say they want Newsmax. Now investors powerfully are buying Newsmax shares because they like us, they value us and they want us to keep growing.” See the CNBC story here.

Industry News

TALKERS News Notes

Cumulus Media Inc. will report its fourth quarter 2022 and full-year operating results at 8:00 am ET on February 23. It will host a conference call at 8:30 am ET that day.

The nationally syndicated “America Tonight with Kate Delaney” adds Alpha Media’s WJNT-AM/W245AH, Jackson, Mississippi to its program schedule in the 1:00 pm to 12:00 midnight slot; and Ingstad Brothers Broadcasting’s KNUJ-AM/K247CU, New Ulm, Minnesota delayed to the 5:00 – 5:30 am slot.

SiriusXM adds “The Business Briefing” program hosted by Janet Alvarez to the program schedule on the Business Radio channel airing weekdays live at 9:00 am ET. Alvarez is the executive editor at WiseBread, and is a CNBC and Telemundo contributor.