Industry News

WPHT Raises $92,000+ for Travis Manion Foundation

Audacy’s news/talk WPHT, Philadelphia raises more than $92,000 in support of veterans in partnership with the Travis Manion Foundation. The funds were raised during the sixth annual “Talk Radio 1210 WPHT Travis Manion Foundation Radiothon” that took place on March 24. The event was hosted by station talent, including Rich Zeoli, Nick Kayal, Dom Giordano, Dawn Stensland and special guest Ryan Manion, Gold Star Sister and president of the Travis Manion Foundation, along with the team at the organization. Audacy Philadelphia SVP and market manager David Yadgaroff states, “Our WPHT listeners are extremely passionate and generous and it’s so gratifying when our friends, neighbors and advertisers rally together for a great cause. Our Philadelphia brands are long supporters of Travis Manion Foundation and the great work they do for veterans and families of the fallen in our local community and we’re pleased to team up with them once again to support their mission.”

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Thursday, September 22, 2022

FAIR’s Hold Their Feet to the Fire Radio Row 2022 Brings Hosts and Guests Together in Washington, DC. Today (9/22) is the second day of the two-day radio row presented by Federation for American Immigration Reform. The 15th annual “Hold Their Feet to the Fire” began on Wednesday with more than 65 talk media personalities interviewing politicians and immigration experts and discussing the hot-button issue of immigration reform and the problems the nation faces with the recent surges of migrants at the U.S.-Mexico border. Pictured above are two of the hosts taking part in the radio row. Above left is WNRI, Woonsocket, Rhode Island personality John DePetro flanked by U.S. Rep. Marjorie Taylor Greene (R-GA), and above right is WRVA, Richmond afternoon host Jeff Katz with the media personalities Diamond and Silk.

WPHT, Philadelphia Talent Shuffle Includes New Morning Show; Zeoli Moves to PM Drive. A change in the programming schedule at Audacy’s news/talk WPHT, Philadelphia includes a new morning drive program titled, “Kayal and Company,” led by Nick Kayal and including Dawn Stensland and Greg Stocker (who also serves as station PD). Current morning drive host Rich Zeoli moves to the 3:00 pm to 7:00 pm daypart. Dom Giordano remains in the 12:00 noon to 3:00 pm slot and Stensland continues her solo program from 10:00 am to 12:00 noon. The changes become effective on October 3. Audacy Philadelphia SVP and market manager David Yadgaroff comments, “For the first time ever, WPHT will be live and local from 6:00 am to 7:00 pm, which further cements this fan favorite as the voice of Philadelphia and a reliable destination for our listeners. We’re excited to welcome Nick, who is trading in his sports background for his passion for politics, to our morning drive, and move Rich and his highly-successful program to entertain and inform listeners as they wind down their days.” Kayal previously worked in the market on sports talk WPEN-FM “97.5 The Fanatic.”

The Ramsey Network Launches ‘Smart Money Happy Hour’ Podcast. A new podcast from the Ramsey Network is launched titled, “Smart Money Happy Hour,” starring Rachel Cruze and George Kamel. The podcast is described as “a mix of solid advice and snark from two friends who also happen to be money experts.” The show joins the Ramsey Network roster of podcasts that includes “The Ramsey Show,” “The Dr. John Delony Show,” “The Rachel Cruze Show,” “The Ken Coleman Show,” “The Fine Print,” “Borrowed Future” and “The EntreLeadership Podcast.” Ramsey Network EVP Blake Thompson says, “Rachel and George have such unique chemistry. One minute I was laughing along with them, the next I was thinking about money in a whole new way. People are going to love the pop culture references and the casual, pour-a-glass-of-wine environment these two have created in this new podcast.” Some of the “Smart Money Happy Hour” topics include: Is Convenience Culture Worth Being Broke?; HGTV: The Network That Brainwashed Us; How to Leave a Royal Legacy for Your Family; and Can the Middle Class Still Afford to Go to Disney?

SmileyAudioMedia Offering ‘Agenda for America’ Election Programming to Stations. As a part of its continuing election coverage, Tavis Smiley, SmileyAudioMedia, Inc. and KBLA, Los Angeles “Talk 1580” announce that they are offering exclusive election programming to urban stations nationwide. SmileyAudioMedia, Inc. and KBLA Talk 1580 are producing a live, four-part series titled, “Agenda for America: An African American Perspective” that is executive produced by Smiley and moderated by KBLA’s radio hosts. The company says these four national conversations featuring influential Black voices will be offered at no charge to other talk- and urban-formatted radio stations and audio platforms across the country. The four programs are: “The State of Black Women in America,” hosted by Areva Martin; “The State of Black Men in America,” hosted by Zo Williams; “The State of Black Youth in America,” hosted by Dominique DiPrima; and, “Why We Can’t Wait: The Urgency of Now,” hosted by Tavis Smiley. The series airs live on Thursdays from 7:00 pm to 9:00 pm PT on KBLA “Talk 1580.” Smiley says, “KBLA ‘Talk 1580’ is not only a portal for talk and opinions for the progressive African American listening audience, but also a content provider of relevant programming for urban stations around the country. We intend for KBLA ‘Talk 1580’ to be the epicenter of election coverage, addressing local, state and national issues, affecting what matters most to our people.”

Audacy’s All-News WWJ, Detroit Unveils New Anchor Lineup. Beginning on October 3, the news anchor lineup changes at Audacy’s all-news WWJ, Detroit “News Radio 950.” The station says longtime anchor Jackie Paige (right) moves to mornings, joining Jonathan Carlson (left) from 7:00 am to 10:00 am. Paige will also host middays from 10:00 am to 12:00 noon. Brooke Allen follows from 12:00 pm to 2:00 pm. Tony Ortiz takes over at 2:00 pm and is joined by Allen from 3:00 pm to 6:00 pm. Ortiz also hosts from 6:00 pm to 7:00 pm. Erin Vermeulen remains the evening news anchor from 7:00 pm to 12:00 midnight. Audacy Detroit SVP and market manager Debbie Kenyon comments, “We are excited to announce our new lineup, which is full of news anchors who are seasoned and well known in the community. This new slate will allow WWJ to continue its mission of keeping listeners informed of breaking news and the top stories of the day.”

BIA Advisory: WTOP Maintains Top Biller Spot for 2021. A report from BIA Advisory Services tallying radio’s top billers for last year reveals that Hubbard Broadcasting’s all-news WTOP-FM, Washington stayed in the #1 position with an estimated $70 million in revenue in 2021. BIA Advisory says that figure was an increase of 12.9% from $62 million in 2020. It goes on to say, “This surpasses the overall growth rate of 10.3% that BIA forecasts for over-the-air radio from 2020 to 2021, as the industry started to pull out of the pandemic slump. WTOP-FM is also the only station on this list to surpass its pre-pandemic revenue figure of $69.8 million in 2019.” The spoken word stations on the 2021 list that showed improvement include Audacy’s all-news WBBM-AM/WCFS-FM, Chicago – up to the #4 spot from #5 in 2020 ($34 million); Beasley Media Group’s sports talk WBZ-FM, Boston rose from #6 to #5 ($33.4 million); Audacy’s all-news WINS, New York was up from #9 to #8 ($31.6 million); its sports talk WFAN, New York rose from #10 to #9 ($31.5 million); and its all-news WCBS-AM, New York entered the top 10 at #10 ($30.9 million). The big change from the 2020 list to the 2021 list was Cox Media Group’s news/talk WSB-AM/WSBB-FM, Atlanta falling from #4 to #12. BIA also ranked the top billing by radio companies. You can see both charts here.

Triton Digital Releases August 2022 U.S. Podcast Report. This report from Triton Digital ranks the most popular podcasts in the U.S. for the month of August based on Average Weekly Downloads. Changes from the July 2022 report include audiochuck’s “Crime Junkie” rising from #3 to #1, bumping Cumulus Podcast Network’s “Ben Shapiro Show” from #1 to #3. Remaining in the #2 spot is NPR’s “NPR News Now.” You can see the complete list of the top 100 U.S. podcasts from Triton Digital here.

TALKERS News Notes. The New York City Radio Committee, a joint partnership of all the major radio broadcasters in New York City, is developing a marketing campaign to promote the power of radio. The campaign includes radio messaging on over 20 of New York’s most-listened-to stations, digital and social media marketing along with trade media. The multi-media campaign runs through November. The focus of the initiative is on advertising agencies and businesses that purchase advertising. Audacy New York market president and chairman of the New York City Radio Committee Chris Oliviero says, “Radio has been and continues to be a critical and valued part of millions of New Yorkers’ daily lives. These iconic brands, from music to news to sports, provide the soundtrack of the city. This campaign offers a fresh, fun and innovative approach to highlighting the efficacy of radio for media planners and advertisers.  The collaboration of the city’s major broadcasters shows a clear commitment to our belief that local radio, consumed on FM or AM or streaming or in podcasts, is an essential tool in any overall marketing strategy in the media capital of the world.”…..iHeartMedia extends the contract of Michael McGuinness through June 1, 2027 and changes his title from EVP – finance and deputy chief financial officer to EVP, deputy chief financial officer of the company and chief financial officer – multiplatform and digital segments…..FOX News Channel names Trace Gallagher anchor of “FOX News @ Night.” Gallagher takes over for Shannon Bream, who was recently promoted to anchor of “FOX News Sunday.” FOX News Media CEO Suzanne Scott says, “When it comes to breaking news coverage, Trace Gallagher is one of the best in the business and having a seasoned journalist at the helm of this hour ensures our viewers unrivaled 24/7 news coverage.”…..“The Todd Starnes Show” adds new affiliate KHTS, Santa Clarita, California to its roster of stations.

Inflation/Interest Rate Hike, NY Sues Trump Org, Trump Documents Case, Immigration/Migrant Transportation, Midterms/2024 Presidential Race, Zelenskyy UN Speech, Iran Protests, and Hurricane Fiona Among Top News/Talk Stories Yesterday (9/21). Inflation, the rising price of gasoline, and the Fed’s interest rate hike; New York Attorney General Letitia James files a civil fraud suit against Donald Trump, his children, and Trump Org officers; an Appeals Court rules DOJ can resume criminal probe of Donald Trump documents case; the immigration troubles at the U.S.-Mexico border and the transporting of migrants from Southern states to Northern cities; the November midterm elections and speculation about the nominees for president in 2024; Volodymyr Zelenskyy addresses the UN General Assembly pressing for punishment for Russia’s invasion of Ukraine; the protests in Iran over the death of a woman in custody of the country’s “morality police”; and the destruction caused by Hurricane Fiona were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Front Page News Industry News

Friday, August 5, 2022

NOW POSTED: This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research of TALKERS, is now posted. This new episode titled, “Mixed Messages,” looks back at this past week of 8/1 to 8/5. The program features guests (in order of appearance): Kevin Casey, executive editor, TALKERS; Harry Hurley, talk show host, WPG, Atlantic City; Jack Heath, talk show host, The Pulse of NH, New Hampshire; Richard Neer, talk show host, WFAN, New York; and Greta Van Susteren, talk show host, Newsmax TV. The show airs weekends (Friday evenings to Sunday nights) on almost 100 broadcast signals and networks across the U.S. and U.K as well as having developed a significant international following as a podcast. To listen to this week’s episode, please click here. To view the latest TALKERS topic research, please click here. “The Michael Harrison Wrap” is available in syndication via Talk Media Network to stations across America on a market exclusive basis. For affiliation information, please click here or call 616-884-8616.

iHeartMedia Q2 2022 Revenue Up 10.7%. The company reports that its 2022 second quarter consolidated revenue was $954 million, an increase of 10.7% over the same period in 2021. For the quarter, iHeartMedia posted net income of $15.2 million compared with the net loss of $32 million it reported for Q2 of 2021. iHeartMedia reports financial data in three segments: the Multiplatform Group (broadcast, networks, and sponsorships & events), Digital Audio Group, and Audio & Media Services Group. The company says revenue from the Multiplatform Group increased $27.5 million, or 4.5% year-over-year, primarily as a result of the continued recovery from the impact of the COVID-19 pandemic. Broadcast revenue grew $12.2 million, or 2.7%, driven by higher spot revenue and political advertising revenue as 2022 is a midterm election year, partially offset by lower trade and barter revenue due to the impact of the timing of the iHeartRadio Music Awards show, while Networks grew $3.9 million, or 3.2%. Revenue from Sponsorship and Events increased by $9.5 million, or 33.2%, primarily as a result of the return of live events. Revenue from iHM’s Digital Audio Group increased $54.6 million, or 27.6% compared to the same period in 2021. Digital, excluding podcast revenue, grew $22.4 million, or 15.5%, driven by increased demand for digital advertising. Podcast revenue increased by $32.3 million, or 60.4%, driven by higher revenues from the development of new podcasts as well as growth from existing podcasts. iHeartMedia chairman and CEO Bob Pittman says, “We’re pleased to report another quarter of solid results for iHeart in terms of consumer usage, revenue and earnings growth and, most importantly, strong free cash flow generation. The Digital Audio Group continues to deliver industry-leading growth, and our Multiplatform Group continues to demonstrate that it is a growth engine for the company as well. As the #1 audio company in America across broadcast radio, digital radio and podcasting – and the largest consumer reach audio company in the U.S. by far, we remain committed to building our businesses for future growth and continuing to deliver both trusted companionship to our listeners and significant and unique value to our advertising partners.”

Audacy Q2 Net Revenue Rises 5%. Citing “declining macroeconomic conditions,” Audacy reports net revenue of $319.4 million, an increase of 5% over the same period in 2021. The company says that core spot revenue was $200.5 million – flat compared to the second quarter of 2021, and digital revenue was $69.3 million, up 19% compared to the second quarter of 2021. The company reports a net loss of $773,000 in Q2 of 2022 compared to the net income of $1.4 million it reported during the same period a year ago. Audacy breaks down its revenue by format categories and says that the news/talk category revenue (news/talk and all-news stations) was $51.8 million, an increase of 4.2% over the same period in 2021. Audacy president and CEO David Field comments, “After a very strong first quarter in which we grew revenues by 14% and significantly increased margin, our second quarter results were adversely impacted by declining macroeconomic conditions and ad market headwinds which reduced our top line growth to 5%. While we navigate the turbulent current market conditions, we are excited by our future growth potential across our scaled, multi-platform businesses, capitalizing on a number of important recent developments that include an enhanced national sales organization, expanded podcast and streaming audio networks, and during the second half of this year, the rollout of a new, reimagined digital platform and ad tech capabilities that will enable us to unlock pools of ad demand and supply that we can’t effectively monetize today. Our transformational development over the past couple of years has meaningfully enhanced our competitive position, strengthening our capacity to serve listeners and customers and enabling a powerful set of opportunities for revenue and EBITDA growth in the dynamically growing audio market.”

Audacy Gets Listing Standards Notice from NYSE. The company received notification from the New York Stock Exchange that its Class A common stock is not in compliance with the exchange’s continued listing standard requiring a minimum average closing price of $1.00 per share over 30 consecutive trading days. The notice does not result in the immediate delisting of the common stock from the NYSE. Audacy says it plans to notify the NYSE that it intends to regain compliance and is considering all available options that are in the best interests of the company and its shareholders. Audacy can regain compliance during a six-month cure period if, on the last trading day of any calendar month during the cure period, the common stock has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month.

Salem Media Group Revenue Climbs 7.7% in Second Quarter of 2022. Reporting its financial data for the second quarter of 2022, Salem Media Group reveals total revenue of $68.7 million, an increase of 7.7% over the same period in 2021. The company also reports net income of $9.1 million, an increase of more than 300% from the net income of $2.25 million reported in the second quarter of 2021. Salem reports in three segments: Broadcast, Digital Media, and Publishing and for Q2 of 2022, net broadcast revenue increased 12.1% to $52.5 million. Digital Media revenue increased 4.5% to $10.8 million, while Publishing revenue decreased 18.5% to $5.4 million.

Saga Communications Second Quarter Net Revenue Up 6.3%. For the second quarter of 2022, Saga Communications, Inc posts net revenue of $29.8 million, an increase of 6.3% over the same period in 2021. Station operating income increased 10.6% to $9.3 million and operating income was $5.4 million compared to $4.6 million for the same quarter last year. Free cash flow was $3.2 million in Q2 of 2022 compared to $4.2 million for the same period last year. Capital expenditures for the quarter were $2.6 million compared to $921 thousand for the same period last year. Capital expenditures for the quarter included the $1.1 million purchase of a building in Norfolk, Virginia that will replace the company’s existing leased studio and office facility. Saga reports net income of $3.8 million for the second quarter of 2022 compared to net income of $3.3 million for the same period a year ago.

Audacy and CBS Sports Digital Patner for Content Distribution and Ad Sales. This exclusive, multi-year deal between Audacy and CBS Sports Digital makes Audacy the exclusive, ad sales and distribution partner for CBS Sports’ network of sports podcasts. The press release states that CBS Sports Digital has grown to reach more than 90 million monthly active users, making it the second-largest sports group in the U.S, and with more than 65 shows and nearly 100 million downloads in 2021. Audacy EVP of digital sales Ken Lagana says, “We are incredibly excited to be partnering with CBS Sports in the podcasting space – properties I know well from my time spent there. Adding this family of content to our roster provides Audacy with a number of the leading sports, fantasy sports and betting podcasts, areas we have enjoyed significant success to date and are important to our clients.  This partnership could not come at a better time with football season fast approaching.”

TALKERS News Notes. The John Fredericks Media Network announces a programming agreement for the newest member of its growing portfolio of radio stations as the network’s programming is now airing on Chesapeake-Portsmouth Broadcasting Corporation’s WTJZ-AM, Portsmouth, Virginia. JFMN chief operating officer Anne Fredericks says, “The Norfolk market is critical to our Virginia network as it represents the biggest U.S. naval base in the world at a very uncertain time for our nation’s Navy personnel. The uncertainty of potential hostility in the Asian perimeter and the South China sea makes this opportunity more important than ever. We will continue to provide all our listeners with extensive and in-depth coverage of China’s military and economic moves in the area, as well as top-flight analysis of the evolving events.”…..FOX Sports Radio’s LaVar Arrington announces an addition to his Up On Game Presents podcast lineup as musician, songwriter and creative director Flash Garments launches the “Under Appreciated with Flash Garments” show. Arrington says, “We’re super excited to have Flash Garments join the Up On Game Presents lineup with the launch of his ‘Under Appreciated’ podcast. Flash knows everybody, is very well respected, and has a lot to say! I think listeners will really enjoy this inspiring and enlightening program, and we look forward to sharing it with our audience every Friday!”…..WNRI, Woonsocket, Rhode Island talk host John DePetro has been filling in this week for WPHT, Philadelphia’s Dawn Stensland on her 10:00 am to 12:00 noon program…..The GCN-syndicated program “Classic Radio Theater with Wyatt Cox” adds new affiliate stations as KVOE-AM, Emporia, Kansas and KGEZ-AM, Kalispell, Montana adds the show to their program schedules. Cox comments, “I grew up on Sunnyslope Street in Emporia and listened to KVOE, enjoying some of the great music of the 60s and the fun personalities like the late Roger Hartsook. It’s a source of pride to be back in Emporia, if just virtually, every weekday.”

Video Tribute to Rich Stevens. The radio personality died on July 30 after suffering a heart attack. Rich Stevens enjoyed a career in music radio as well as in the talk radio format, hosting a program on Hubbard Radio’s WFTL, Fort Lauderdale. “Radio’s Best Friend” Art Vuolo put together a tribute video that you can see here.

The Economy Top News/Talk Story for Week of August 1-5. The state of the U.S. economy – the still-high cost of food and gasoline and the threat of a recession – was the most-talked-about story on news/talk radio this week, landing atop the Talkers TenTM. At #2 this week was a tie between partisan politics, the elections, and abortion rights, followed by House Speaker Nancy Pelosi’s trip to Taiwan tied with the related U.S.-China relations at #3. The Talkers TenTM is a weekly chart of the top stories and people discussed on news/talk radio 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.