Industry News

Cumulus Bloomington Raises $101,705 for St. Jude’s

Pictured below are staffers from Cumulus Media Bloomington, Illinois’ showing the final tally of the 15th Annual Radiothon for St. Jude Children’s Research Hospital that raised $101,705. The company’s three stations – news/talk WJBC-AM and its music-formatted sisters – produced the two-day fundraising event on Thursday and Friday (2/9-10).

WJBC - Bloomington

Cumulus Bloomington promotions director and event planner Dana Bell says, “Year after year, our listeners and sponsors show an unbelievable amount of support for the kids of St. Jude Children’s Research Hospital. We thank them for their generosity as they join with us to make a difference in the lives of children and families fighting cancer and other life-threatening diseases. There are so many families in our community who directly benefit from what these Partners in Hope do when they donate money, and it’s great to see our community come together for such an important cause.”

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Thursday, July 28, 2022

WFAN And Yankees Extend Their Partnership. A multi-year extension is announced between Audacy New York sports talk WFAN-FM & WFAN-AM and MLB’s American League East New York Yankees. English-language broadcasts will continue to be heard on WFAN and streamed digitally on the Audacy app for those within the team’s broadcast territory. WFAN will also continue to produce the Spanish-language broadcasts for local radio affiliates, as well as for the Audacy app. Audacy New York market president Chris Oliviero declares, “The New York Yankees are the city’s premier sports franchise and WFAN is the city’s premier sports platform. Together, we form a potent combination for fans and client partners. [This – 2022] is our 21st consecutive season of broadcasting the ‘Bronx Bombers.’ We look forward to continuing to have the honor of being the soundtrack to more memorable and historic pinstripe moments.” New York Yankees chief operating officer Lonn Trost notes, “The Yankees are excited to extend our longstanding relationship with WFAN and Audacy. WFAN has been our flagship station for over two decades, and we look forward to fans continuing to enjoy Yankees baseball over its airways and on the Audacy app.” From 2002 to 2014, Yankees games were heard on WFAN’s sister station, all-news WCBS-AM (currently the flagship of the New York Mets); WFAN has served as the Yankees flagship since 2014. John Sterling, (class of 2022 Radio Hall of Fame inductee) Suzyn Waldman and Sweeny Murti are the English-language broadcasters, while Spanish-language broadcasts will be handled by Rickie Ricardo, Francisco Rivera and Rene Luna. As part of Audacy’s MLB partnership, WFAN and the Yankees will produce co-branded podcasts.

Newsmax, Verizon Sign Multi-Year Carriage Agreement. The deal between Newsmax and Verizon extends distribution of news channel in HD on Verizon Fios. Newsmax Media chief executive officer Christopher Ruddy remarks, “Verizon has carried Newsmax for many years. We are delighted to be extending our distribution through the Fios platform. We have found them to be outstanding partners who have demonstrated a strong commitment to the presentation of diverse, independent voices through their programming. We’re glad that we are continuing with this new agreement.” Newsmax will retain its broad distribution on the Verizon platform, which reaches approximately 3.5 million subscribers in the northeast and mid-Atlantic regions.

SiriusXM Q2 Revenue Increases. While revenue was up 4% year-over-year to $2.25 billion in this year’s second quarter, SiriusXM’s net income declined from $433 million to $292 million (11 to 7 cents/basic share, 10 to 7 cents/diluted share). Adjusted EBITDA was off 3% to $679 million. SiriusXM chief executive officer Jennifer Witz notes, “We are pleased with our results in the second quarter, and while we continue to navigate an uncertain economic environment, we delivered strong financial performance and continued to make strategic investments in our business that will set us up for an exciting new era. We remain committed to creating compelling experiences for our listeners by investing in innovative technologies to deliver best-in-class, curated, comprehensive audio entertainment. Most recently, [we expanded] our relationship with the NFL to deliver the most extensive sports lineup in audio entertainment; we will continue to enhance our platform to ensure broad appeal.” Executive vice president/chief financial officer Sean Sullivan adds, “[Our] churn was steady at approximately 1.5% in the quarter, underscoring the strength of our business, products, and loyalty of our customers. In the second quarter, we delivered focused expansion in key streaming offerings and maintained a strong balance sheet. This quarter, we returned over $300 million in capital to stockholders, comprising $217 million in common stock repurchases and $86 million in dividends, and ended the quarter with net debt to adjusted EBITDA of 3.6 times.” Self-pay subscribers increased by 23,000 and paid promotional subscribers increased by 54,000. Satellite and streaming division totaled 34 million subscribers at the end of the quarter; self-pay churn was flat at 1.5%. The division’s revenue rose 5% to $1.7 billion, and gross profit rose 6% to $1.1 billion.

Marketron Releases Political Advertising Toolbox. Per BIA Advisory Services, political advertising will raise $8.6 billion for local media companies. Marketron’s collection of online resources combines all the political advertising content the company has developed at a single location for companies interested in increasing their share of political advertising. Marketron senior vice president/client success Christian Kligora opines that, “Political advertising is an important category for local media. It’s much different than any other and that requires a unique approach. We’ve been developing content on the topic all year long with a focus on how to support media sellers. Bringing it together in one spot makes it easier to learn from and access.” Each resource will reportedly provide media salespeople with tips, strategies, and insights for political advertising. Included are specialized considerations such as the “overall trends in the advertising ecosystem; the need to reach different demographics; the objective of persuading people to vote; and the regulatory compliance requirements” for how media companies price/offer inventory to candidates.

TALKERS News Notes. Changes at Audacy Philadelphia sports talk WIP “Sports Radio 94” find the station’s fill-in host Jody McDonald and Philadelphia Inquirer columnist Mike Sielski co-hosting weekend shows with Glenn Macnow. McDonald will partner with Macnow on Sundays (10:00 am – 1:00 pm), while Sielski joins Macnow in the same time slot each Saturday. According to Macnow, “I have a comfort level with Jody. He’s the guy I broke in with [and] the guy our listeners heard me with from 28 years ago. Working with Jody is like an old pair of shoes – it’s easy and I like it. The Saturday show will now be me and the best damn sports columnist in town, Mike Sielski.” … Former Baltimore Ravens defensive back Rod Woodson will join play-by-play voice Gerry Sandusky this season on the NFL team’s broadcasts on Hearst Baltimore news/talk WBAL “News Radio 1090 AM & 101.5 FM.” According to Sandusky, “Rod brings the unique perspective of someone who has both played and coached at the highest level of the game. He does it in a down-to-earth way that is approachable, likable and just plain fun. It’s a privilege to work with a broadcast partner like Rod.” Woodson states that, “Being a part of the Ravens’ gameday broadcast team is a blessing. To be back with the team that I won my only Super Bowl with will be fun.” … After eleven years with Nashville’s WPRT-FM, midday co-host Darren McFarland departs the Cromwell Radio Group sports talk outlet. Program director Chase McCabe confirms to The Tennessean that “Sports Radio 102.5 The Game” decided to part ways with McFarland, who formerly worked at Cumulus Media’s cross-town/similarly-formatted WGFX “104.5 The Zone.” McCabe, Willy Daunic, and Derrick Mason continue in middays on “The Game.” … Effective August 22, Cheddar News Washington bureau chief Megan Pratz will join NPR as political editor. In addition, NPR promotes congressional correspondent Sue Davis to political correspondent and interim congressional correspondent Dierdre Walsh gets to remove “interim” from the title. … Skyview Networks’ sports talk program “OutKick 360picks up three Withers Broadcasting-owned affiliates: KYRK, Marble Hill, Missouri; WGKY, Wickliffe, Kentucky; and WFRX, West Frankfort, Illinois. Skyview Networks is the exclusive distributor, affiliate sales representative and network sales partner of Jonathan Hutton, Chad Withrow & Paul Kuharsky-hosted “OutKick 360.”

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Thursday, March 17, 2022

‘Free Talk Live’ Co-Host Ian Freeman is This Week’s Guest on Harrison Podcast. A self-described “activist for liberty” for the past two decades, Ian Freeman co-hosts (with Mark Edge) the independently syndicated radio show “Free Talk Live.” The program emanates from Keene, New Hampshire and airs seven nights a week between 7:00 pm – 10:00 pm ET. In addition to the two co-hosts, the show presents a rotating panel of regular personalities – such as one individual whose legal name is Nobody – described as ministers of the Shire Free Church (the show’s parent organization) and features various voices from New Hampshire’s liberty activist community. It has guests and takes callers from across the nation. Although still on the air regularly, Freeman is currently under federal arrest on a wide array of charges ranging from money laundering to wire fraud. He maintains his innocence and claims the FBI and other government agencies are on the mission of shutting him up after years of dealing with the nuisance of the show’s activism and controversial information. Freeman will begin his trial later this year. Stand by for a fascinating conversation about the First Amendment, freedom of speech, liberty, civil disobedience, and the role and impact of cryptocurrency in our modern society – the connection to which a number of Freeman’s legal troubles are related. To listen to the podcast in its entirety, please click here.

 

Weber Named Interim Broadcast Managing Editor for WBBM, Chicago. According to a report from Chicago media writer Robert Feder, Zac Weber is being promoted from his morning editor position to interim broadcast managing editor at Audacy’s all-news WBBM-AM/WCFS-FM, Chicago. This move comes three months after Julie Mann left the managing editor post at the station to take the public information officer role with Kane County, Illinois. WBBM Newsradio brand manager Ron Gleason says in a memo to staff, “Zac has done a tremendous job as morning editor, and there’s no question his skills of scouring the world for the latest news early each morning will pay off for all of us.”

 

Micah Goldberg Rises to SVP and Market Manager for Audacy Denver. Sales and management pro Micah Goldberg is promoted to SVP and market manager for Audacy’s Denver station group that includes sports talk KAMP-AM “The Bet 1430AM,” comedy KQKS-HD2 and three music brands. Goldberg – who was most recently director of sales for the cluster – takes over for John Fullam who had been serving as interim market manager since July 2021 and returns to his executive coaching business. Goldberg says, “Team Audacy is second to none. The pride I feel being able to continue contributing and leading a team I have such respect for is nearly indescribable. Following in John Fullam’s footsteps is no easy task, but I know Audacy Denver will continue to make him proud. Thanks to Audacy, Doug [Abernethy] and Susan [Larkin] for all the support and for this amazing opportunity.”

 

Edison: 39% of Americans 12+ Have No Radio in the Home. Calling it “radio’s hardware problem,” Edison Research says that data from its soon-to-be-released The Infinite Dial 2022 report indicates that over the last two years, the number of Americans 12+ who report not having a radio in their home has risen almost 10% with 39% reporting no radio in the home. Just 14 years ago that figure was 4%. Edison Research president Larry Rosin says, “Of course, nearly all cars have AM/FM radios easily available, and people can listen to the content of radio stations on their phones or smart speakers. However, the elimination of the standard, single-use radio from so many households makes the challenge that much harder in the location that most people spend the most hours.” Many consider the smart speaker to be the new in-home radio. Edison says it will present smart speaker adoption data when it reveals The Infinite Dial 2022 at Podcast Movement Evolutions on March 23.

 

 

House Speaker Nancy Pelosi Thanks Joe Madison for Help with Antilynching Act. Pictured above at yesterday’s bill enrollment photo opportunity for H.R. 55, the Emmett Till Antilynching Act, which specifies lynching as a hate crime act, are House Speaker Nancy Pelosi (third from right) and SiriusXM talk personality Joe Madison (far right). Speaker Pelosi thanked Madison for his efforts is raising awareness of the bill. Also pictured are: Chair Bennie Thompson, House Committee on Homeland Security (far left); Chair Joyce Beatty, Congressional Black Caucus (second from left); Congressman Bobby Rush (D-IL) (third from left); and House Majority Leader Steny Hoyer (second from right).

 

WJR, Detroit Named Station of the Year by MAB. News/talk WJR-AM, Detroit was named Station of the Year by the Michigan Association of Broadcasters as part of its 2021 Broadcast Excellence Awards. This is the fifth time in six years that the Cumulus Media station has been recognized as the Station of the Year. In addition, WJR was selected for 17 “Excellence” awards, and 7 “Merit” awards. Cumulus Detroit VP and market manager Steve Finateri says, “Winning so many awards reflects the depth of talent on this all-star team. Winning Station of the Year is especially gratifying, as WJR celebrates our 100th Anniversary this year! We thank the MAB for this wonderful recognition.”

 

TALKERS News Notes. The nationally syndicated “Erick Erickson Show” is being added to the program schedule at Mid-West Family Broadcasting’s news/talk WMAY-AM/FM, Springfield, Illinois. Erickson launched the 12:00 noon to 3:00 pm ET program nationally in May of 2021. The show is based at Cox Media Group’s news/talk “95.5 WSB” in Atlanta. Erickson says, “We’re excited to be joining the lineup at WMAY in Springfield and look forward to many great things to come in 2022.”…..iHeartMedia, Inc. announces that it has named Sam Englebardt, general partner of Galaxy Interactive, to its board of directors.  Galaxy Interactive is a venture capital franchise focused on companies operating at the intersection of content, finance and technology, with a particular emphasis on video game studios, NFTs, social platforms and financial marketplaces. Englebardt is also co-founder and partner at Galaxy Digital, a technology-driven financial services and investment management firm that provides institutions and clients with a full suite of financial solutions spanning the digital assets ecosystem. iHeartMedia chairman and CEO Bob Pittman says, “Sam’s expertise and deep understanding of web3, exponential technologies and the potential of emerging consumer tech platforms like NFTs, tokens and shared virtual experiences, combined with his background in media and entertainment, will be uniquely valuable to us as we extend iHeart’s presence into web3 and the metaverse.”…..Audacy Pittsburgh raises funds to provide over 600,000 meals for people in need through Greater Pittsburgh Community Food Bank. The “Giant Eagle Feed the Need Radiothon” aired on February 25 on KDKA “News Radio 100.1 FM and 1020 AM,” KDKA-FM “93.7 The Fan” and its two music-formatted sister stations. Audacy Pittsburgh SVP and market manager Michael Spacciapolli says, “Pittsburghers help their neighbors in times of need. Our community is at the core of everything we do at Audacy Pittsburgh. The results of the ‘Feed the Need Radiothon’ are a good showcase of radio’s power in our region. We are so grateful to everyone who contributed to make this another successful year.”

 

 

Broadcasters Foundation of America Announces New Board Members and Officers. The Broadcasters Foundation of America elects Curtis LeGeyt, president and CEO for the National Association of Broadcasters, Dennis Lyle, president and CEO for the Illinois Broadcasters Association and the Illinois Broadcasters Foundation, and Chad Matthews, president of ABC Owned Stations, to its board. In addition, it names Heather Cohen, EVP of The Weiss Agency, and Judy Quaranta, a highly accomplished executive in the world of finance, as officers. Quaranta will also fill the role of vice president of finance for the BFoA. Chairman Scott Herman says, “We’re delighted to announce these esteemed individuals — Curtis, Dennis, and Chad – as members of our board. Their support of the Foundation’s charitable mission and their leadership in the broadcast industry is commendable. Heather and Judy are accomplished professionals in their individual fields, and as officers of the Broadcasters Foundation, they will help us advance our cause of helping our colleagues who are in great need.”

 

Russia-Ukraine War, Gas Prices/Inflation, Fed Rate Hike, COVID-19, Midterms/Trump & the GOP, Daylight Saving Time Bill, and Cuomo Sues CNN Among Top News/Talk Stories Yesterday (3/16). The Russian invasion of Ukraine, Volodymyr Zelensky’s appeal to the U.S. Congress, and China’s role in Russia’s gambit; the high price of gas at the pumps and the high cost of consumer retail goods; the Fed approves a quarter-percent interest rate hike; concerns about the Ba.2 Omicron variant and the rolling back of mask mandates in the U.S.; the battle for control of Congress in the November midterm elections and Donald Trump’s influence over the GOP; the debate over the Senate-approved bill that would make Daylight Saving Time permanent; and Chris Cuomo sues CNN for $125 million claiming he was unlawfully fired were some of the most-talked-about stories on news/talk radio yesterday, according to research from TALKERS magazine.