Front Page News Industry News

Wednesday, June 8, 2022

Steve Cochran to Host Morning Drive on WLS-AM, Chicago. Chicago media personality Steve Cochran is joining Cumulus Media to host the morning drive show on news/talk WLS-AM, effective June 15. Cochran served as morning drive host at Nexstar Media’s crosstown news/talk WGN-AM from 2013 to 2019. He’s been producing two podcasts since his exit from WGN – one titled “Live from My Office” and another with Patty Steele called “The Deep 6 with Patty Steele – both of which he says he’ll continue to produce, according to a report by Chicago media writer Robert Feder. Cochran is taking over the morning show from Bruce St. James, who was brought in from Phoenix in December of 2020 to host the morning show after Erich Mancow Muller exited the station. WLS program director Stephanie Tichenor says, “I’m delighted to welcome Steve to our team, where I know he will bring his wisdom, wit, and political prowess to morning drive. Our listeners need a place to feel safe to express their opinions while having a destination for entertainment, news, and, of course, conservative conversation. Steve will provide that for our Chicagoland audience. I’m looking forward to growing 890 with Steve Cochran in the mornings.” Cochran comments, “Like thousands of others, I did my homework listening to The Big 89 WLS when I was a kid. It’s an honor to say those call letters, and I can’t wait to get started.” Cochran is represented by John McConnell at Workhouse Media.

 

Cumulus Names Lisa Waks SVP Digital Partnerships and Business Development. Digital media pro Lisa Waks is named SVP, digital partnerships and business development, in which she’ll lead Cumulus Podcast Network’s content acquisition strategy and content pipeline development, with a focus on personality-driven brand franchises in the news; business, money & tech; sports; and entertainment verticals. Waks was most recently head of global media partnerships, strategy, and operations for TED Conferences, where she expanded their digital business, streamlined operations, and launched the TED Audio Collective. Cumulus EVP corporate marketing and Westwood One president Suzanne Grimes says, “Lisa is a trailblazer who has spent years creating new businesses, building new revenue streams, and forging successful and enduring partnerships. We are excited for her to bring this fire and focus to Cumulus to help us continue to expand the Cumulus Podcast Network with innovative, interesting, and unique content that is craved by listeners and partners alike.” Waks comments, “I am thrilled to begin the next chapter in my career with such a long-standing and prestigious organization. Cumulus is best-in-class, leading the audio industry with a wide range of voices and premium content. I believe in the power of the spoken word, and through smart collaborations we will successfully deepen connections and community.”

 

Adrian Warren Named VP of Sales for iHeartMedia Jacksonville. Radio sales pro Adrian Warren is named vice president of sales for iHeartMedia’s Jacksonville cluster, effective June 13. The company says that in this role, Warren will be responsible driving revenue across the market’s entire broadcast and digital cluster, with a specific focus on WJBT-FM, WSOL-FM and the Black Information Network. Warren most recently served with Radio One in Indianapolis as digital sales manager and local sales manager. iHeartMedia area president for North Florida Paul Rogers comments, “I’m really excited to have Adrian join our leadership team here on the First Coast of Florida. His track record, personal character, and specific experience with some of the same diverse brands we represent here in Jacksonville were a perfect fit for us, and we were fortunate to get him. I’m confident he’ll help us get back to our market-leading revenue position.”

 

TALKERS News Notes. Chicago media writer Robert Feder reports that Lizzie Baumgartner is returning to Audacy’s all-news WBBM-AM/WCFS-FM to serve as managing editor of podcasts. Most recently, she’s been serving the company as audio production coordinator for its alternative rock and country stations. Her previous role with WBBM was as assistant producer…..A number of executive promotions are taking place at Triton Digital. Stephanie Donovan is now global head of revenue. Alex Fournier is named chief technology officer. Benjamin Masse rises to chief product officer, and Molly Glover Gallatin joins the executive team as SVP of marketing and Jelli customer experience. Triton says the promotions “further support the company’s recent integration of Jelli to accelerate the development of innovative technology that serves the entire audio ecosystem across radio, streaming, and podcasting.”…..SiriusXM is presenting coverage of the Belmont Stakes, the third and final jewel of thoroughbred racing’s 2022 Triple Crown, this Saturday, June 11 from Belmont Park in Elmont, New York. The wire-to-wire race broadcast of the Belmont Stakes is provided by NBC Sports Audio Network.

 

Making Dreams Come True. Pictured above is WRVA, Richmond afternoon drive talk host Jeff Katz (right) before a Richmond Flying Squirrels baseball game. Katz says, “Being the number one talk radio personality in Central Virginia brings some perks like being asked to throw out the first pitches for the area’s two big baseball teams – the Tri-City Chili Peppers and the Richmond Flying Squirrels. I got those calls but realized there is something better than doing it yourself and that’s making a dream come true for someone else. So, citing my health issues like ‘outgrown hair and a torn rotator cufflink,’ I asked Emily Morrissey (second from left) if she’d be willing to help him. Emily is a 23-year-old young lady with cerebral palsy and other challenges, but she brought the heat and did a great job as my ringer at both Shepard Stadium in Colonial Heights, Virginia and The Diamond in Richmond, Virginia. Emily personally makes beautiful bracelets which are available at www.emilysbracelets.com and donates a portion of the proceeds to the Special Olympics of Virginia. Each player on the Chili Peppers and the Flying Squirrels wore one of her bracelets in their respective team colors during their games.”

 

Primary Elections/Donald Trump & the GOP, January 6 Hearings, the Economy, Russia-Ukraine War, Gun Violence-Legislation, and COVID-19 Among Top News/Talk Stories Yesterday (6/7). Tuesday’s primary elections for the November midterms and Donald Trump’s influence over the GOP; Thursday’s hearings before the January 6 Committee; the soaring price of gasoline & food, plummeting tech stocks and concerns about a recession; Russia’s ongoing invasion of Ukraine and its effect on the global economy; reactions to the recent episodes of gun violence and attempts at gun legislation; and the status of COVID-19 in the U.S. were some of most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Front Page News Industry News

Tuesday, May 17, 2022

Radio One Names Jeff Rickard Program Director for Sports Talk WFNZ, Charlotte. Sports talk radio pro Jeff Rickard is named program director for Radio One’s WFNZ-AM/FM. Rickard most recently served as brand manager for Audacy’s WEEI-FM, Boston. Prior to that, he was PD and morning host at Emmis’ WFNI, Indianapolis. During his career he’s also served with Comcast, ESPN Radio, and Sirius XM. Radio One RVP Marsha Landess comments, “We are committed to making sports radio even bigger in Charlotte, adding the 92.7 FM signal in March was just the beginning of that commitment. Having a successful veteran like Jeff Rickard join our team will help take us to the level that a passionate sports city like Charlotte deserves. Jeff brings to WFNZ extensive sports experience, talent, drive, and a passion for success. He will be a great complement to our incredibly talented local Charlotte on-air team. After our first conversation I knew he was the one to take us to the next level. As the flagship station for the Charlotte Hornets as well as Charlotte FC we are looking forward to an incredibly successful future with Jeff leading the charge.” Rickard adds, “I had been planning on taking a professional sabbatical this year but after meeting with Marsha Landess and learning more about Radio One, I began to get more excited to get back to work. Radio One as a company, combined with Marsha’s leadership and the potential for WFNZ, was just too appealing to not be a part of. I am extremely grateful to Radio One for this opportunity and can’t wait to start working with the talented staff in Charlotte. My family and I are all in on this situation and can’t wait to get started on this new chapter.”

 

Round One of April PPMs Released. The first of four rounds of ratings information from Nielsen Audio’s April PPM survey has been released for 12 markets including: New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Philadelphia, Nassau-Suffolk (Long Island), Riverside-San Bernardino-Ontario, San Jose, and Middlesex-Somerset-Union (New Jersey). Nielsen’s April 2022 sweep covered March 31 – April 27. Today, TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways from this group of markets. In New York, Red Apple Media’s news/talk WABC-AM/WLIR-FM dips two-tenths, posting a 3.6 share (weekly, 6+ AQH share) but remains ranked #8. Audacy’s crosstown all-news WINS is up one-tenth, finishing the survey with a 4.2 share and rises to #6. iHeartMedia’s news/talk KFI, Los Angeles climbs four-tenths to wrap the survey with a 5.1 share and climbs to the #3 rank, while Audacy’s all-news KNX-FM loses half a share for a 3.4 share finish and falls to the #8 rank.  In Atlanta, Cox Media Group’s news/talk WSB-AM/WSBB-FM sheds a half share but remains ranked #3 on the strength of a 6.4 share. Townsquare Media’s news/talk WKXW-FM, Trenton “New Jersey 101.5” is ranked #1 in the Middlesex-Somerset-Union market despite losing seven-tenths and finishing with a 6.1 share. See Mike Kinosian’s complete Ratings Takeaways from this group of markets here.

 

FMR Associates-Eastlan: Radio Listening Rises 31% in Last Six Months. According to a study conducted in March and April for FMR Associates and Eastlan Ratings clients to determine usage levels of local AM/FM radio compared to the period six months prior, a number of positive conclusions were reached. The study reveals that in the last six months, weekly AM/FM radio listening is on the increase: 31% indicate they are listening to radio more, compared to 18% listening less. This finding is regardless of sex, age or market rank. FMR Associates-Eastlan says, “This unique finding bodes well for traditional radio growing as the pandemic comes to an end and even as more audio options such as podcasts and streaming platforms are available.” Digging deeper, the study found that the increase in weekly AM/FM listening is greatest among adults 25-44 at 37%. Men and women are equally increasing their listening time with AM/FM radio. More people going back to work, commuting and some cutting back on subscription audio or video services are among the primary factors cited for increased AM/FM consumption. Also, current weekly AM/FM radio listening is at 86% in the 25 to 64 age group. Significantly, cume listening is strong and consistent regardless of age, sex, market rank or geographic region. The statistically projectable national survey of 25 to 64 year-old adults from the thousands surveyed each month by Eastlan was demographically balanced and geographically representative.

 

Audacy’s State of Audio Explores Key Audio Trends. The second edition of Audacy’s “State of Audio” e-book that details key insights relevant to the listeners, creators and advertisers revolutionizing audio has been released. Some of the key metrics from the guide include: 1) Audio revenue outpaced video in 2021. Per the latest IAB Advertising Revenue Report, audio streaming revenue is up +59% YOY. And audio streaming growth is outpacing investments in video, social and search; 2) Audio usage has eclipsed TV, including CTV Audio reaches everyone, with 99% of US adults reporting using audio monthly. And that’s more than the total use of TV, including connected devices. (Source: Nielsen, Q4 2021); and 3) Time spent listening on AM/FM streaming and podcast content has increased +64% from 2015 to Q1 2022. (Source: Edison Research, Share of Ear Study, Q4 2015-Q1 2022). Audacy chief marketing officer Paul Suchman comments, “Audio is a trusted companion to hundreds of millions of listeners and more than any other medium, the best way creators across the globe connect with their audiences authentically and intimately at scale. Our second edition of the ‘State of Audio, The Disruptors: The Listeners, Advertisers, and Creators Revolutionizing Audio’ focuses on the people, strategies, and content shaping Audio’s meteoric rise as a must have media for marketers.” See more here.

 

KBLA, Los Angeles Debuts ‘A More Perfect Union.’ A new weekend program is launching this Sunday (5/22) on Smiley Audio Media’s KBLA, Los Angeles. “A More Perfect Union,” hosted by journalist, educator, and KBLA “Talk 1580” chief national political analyst Dr. Nii-Quartelai Quartey. Airing from 10:00 am to 12:00 noon, the program is a “national public affairs program, featuring notable journalists, industry leaders, lawmakers, changemakers, tastemakers, and ordinary people motivated to do their part to reach beyond today’s divisions; make sense out of news of the day and offer listeners a chance to build a more perfect union.” Smiley Audio Media owner Tavis Smiley says, “Now more than ever the Black constituency must first be made aware, and then armed with information that can help advance the issues we care about and repel the ideas that are antithetical to the best interests of our community. The time is now for ‘A More Perfect Union,’ which is a weekly show designed to keep our community in the know with a moderator like Dr. Quartey, who keeps his ear to the ground and his heart attuned to the causes we care about.”

 

‘100 Years of WGN Radio’ to Air on WGN-TV. On Thursday (5/19) at 7:00 pm, the special program, “100 Years of WGN Radio: A Retrospective,” will air on WGN-TV, Chicago. The 45-minute documentary produced by WGN Radio tells the story of the station, starting with its beginnings in 1922 when it was founded by Chicagoans Thorne Donnelley and Elliott Jenkins as WDAP, to highlighting moments throughout its century of history up to present day. Viewers will see the faces of familiar voices, including Bob Sirott, John Williams, Lou Manfredini, Steve King and Johnnie Putman, Dave Eanet, Mary Van De Velde, Dave Plier, and others, reflecting on their experiences at the station and sharing memorable moments. The program will be re-broadcast on Sunday, May 22 at 2:00 pm CT on WGN-TV.

 

Tim Hartlage Returns to Salem to Lead Sales in Nashville. Radio management pro Tim Hartlage is returning to Salem Media Group to serve as general sales manager for the company’s Nashville operations. Hartlage served as GSM and then general manager for the company’s Louisville station group from 2005 to 2015. He says, “Leaving Salem in 2015 to plant a much-needed church and ministry in Louisville’s southwest area, my old neighborhood, with my wife Jennifer, was one of the toughest decisions we had ever made. Returning to Salem and joining the Nashville team as general sales manager was one of the easiest. Salem Nashville is in an incredibly vibrant market with a great reputation. It’s great to be a part of the Salem Family again. It feels like a homecoming.”

 

Buffalo Shooting/Great Replacement Theory, the Economy, Russia-Ukraine War, Midterms/Trump & the GOP, COVID-19, and UFO Hearing Among Top News/Talk Stories Yesterday (5/16). The aftermath of the deadly Buffalo shooting and talk of the Great Replacement Theory; the financial markets, inflation, and concerns about a major recession on the horizon; Russia’s ongoing invasion of Ukraine and Vladimir Putin’s threats against Finland and Sweden; the primary races for November’s midterm elections and Donald Trump’s influence over the GOP; the rising number of COVID-19 cases in the U.S.; and today’s scheduled congressional hearing on UFOs 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

Thursday, May 5, 2022

Urban One First Quarter 2022 Net Revenue Rises 23%. Reporting financial data for the first quarter of 2022, Urban One, Inc. – parent of Radio One – says its net revenue was approximately $112.3 million, an increase of 23% from the same period in 2021. Broadcast and digital operating income was approximately $48.4 million, an increase of 33% from the same period in 2021. Net income was approximately $16.4 million or $0.32 per share (basic) compared to $7,000 or $0.00 per share (basic) for the same period in 2021. Urban One CEO and president Alfred C. Liggins, III, states, “We had extremely strong first quarter performance across the platform, with advertising revenues up double-digit percentages in all of our operating segments. Digital revenues were up 49.5%, cable TV advertising revenues were up 46.9%, and radio advertising, excluding political and digital, was up 17.4%. This enabled us to grow Adjusted EBITDA by 38.9% year-over-year, and by $14.3 million or 51.6% vs. Q1 2019. Looking back at pre-pandemic revenues, when we aggregate our radio broadcasting, syndication, events and digital operations, net revenues were up 11.5% compared to Q1 2019. Second quarter core radio advertising is pacing up mid-single digits, as we start to lap the tougher comps from 2021. Our balance sheet continues to strengthen, with $166.4 million of cash and net leverage down to 4.07x.”

 

Cumulus Announces $25 Million Stock Buyback. On the heels of yesterday’s first quarter financial report and the board’s authorization of a $50 million buyback program, Cumulus Media Inc. announces its intention to commence a “modified Dutch auction” tender offer to purchase up to $25 million of shares of its Class A common stock, or such lesser number of shares of its Class A common stock as are properly tendered and not properly withdrawn, at a price not greater than $16.50 and not less than $14.50 per share of Class A common stock, to the tendering shareholder in cash, less any applicable withholding taxes and without interest (the “Offer”). Cumulus president and CEO Mary G. Berner says, “Following yesterday’s announcement of the board’s authorization of a $50 million share buyback program, we are launching this tender as a first step in our capital return plan. This action is underpinned by our strong financial and operating momentum, our continued belief that the company is significantly undervalued and our desire to allow shareholders who seek it the ability to take advantage of the liquidity we can provide them. It is also our expectation that, even with this tender offer, we will be below our target of 3.5x net leverage by year end with significant continuing liquidity and financial flexibility for accretive M&A.” Cumulus will conduct the Offer by means of a procedure commonly called a “modified Dutch auction.” This procedure allows shareholders to select the price, within a price range specified by Cumulus, and the number of shares they are willing to sell at that price (or, should a higher price be determined as the “purchase price,” such higher price). The Offer is being made under Cumulus’s previously announced $50 million share repurchase program.

 

Saga Communications Net Revenue Increases 12% in Q1 of 2022. For the first three months of 2022, Saga Communications, Inc. net revenue increased 12% to $25 million compared to $22.3 million for the same period in 2021. Station operating income increased 17.8% to $5.6 million and operating income was $1.7 million compared to $883,000 for same period a year ago. Saga reports net income of $1.2 million compared to net income of $758 thousand for Q1 of 2021. The company paid a quarterly dividend of $0.16 per share on April 8, 2022. The aggregate amount of the quarterly dividend was approximately $970 thousand. Additionally, the company paid a quarterly dividend of $0.16 per share and a special dividend of $0.50 per share on January 14, 2022. To date Saga has paid over $78 million in dividends to shareholders since the first special dividend was paid in 2012. Saga Communications reports that it had $55.2 million in cash on hand as of March 31, 2022.

 

Russia-Ukraine War Correspondent Gregg Stebben is This Week’s Guest on Harrison Podcast. Veteran media editor/reporter Gregg Stebben is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” Stebben is a former longtime editor of Men’s Health magazine who served 20 years as its radio spokesperson. He is currently reporting on a volunteer basis back to the U.S. via the beamz.live platform from Poland and Ukraine where he has been interviewing refugees and local citizens in both adjacent nations in addition to doing whatever he can to provide comfort and support to the frightened, displaced people in conjunction with international humanitarian groups. Harrison caught up with Stebben on the Ukrainian side of the border on May 2. They discuss the human element of the crisis and the catastrophic impact and escalating deadly potential of the war. Harrison states, “Not only is the information being gathered by Stebben of great value, he is a shining example of independent talk radio reporting in action serving as a one-man field unit reporting on the war while supporting Ukraine as a volunteer. I find his effort truly inspirational.” To listen to the podcast in its entirety, please click here.

 

 

Premiere of 2,000 Mules Takes Place at Mar-a-Lago. The premiere of Dinesh D’Souza’s documentary film 2,000 Mules took place last night (5/4) at Mar-a-Lago in Palm Beach, Florida as former president Donald J. Trump presided over the event. The film was executive produced by Salem Media Group and a number of its current and former talk hosts appear in the documentary. Pictured above are (from l-r): D’Souza, Sebastian Gorka, Eric Metaxas, Trump, Larry Elder, Charlie Kirk, and Dennis Prager.

 

Triton Digital Streaming Metrics Ranker for March 2022 Released. The Streaming Metrics Ranker for the U.S. for March of this year has been released by Triton Digital. The ranker is based on Average Active Sessions and charts the top 25 performing digital audio publishers. For the daypart 6am-12am Mon-Sun, iHeartMedia leads the pack with 303,162 AAS. Some of the other radio-related companies appearing in the ranker include at #2 NPR Member Stations (81,035 AAS), #3 Audacy (69,281 AAS), #4 Cumulus Streaming Network (42,569 AAS), #7 Beasley Broadcasting Corporate (19,203 AAS), #8 Hubbard Broadcasting (15,233 AAS), #11 Salem Communications (9,591 AAS), #12 Urban One (8,577 AAS), and #13 Bonneville International 7,612 AAS). See the complete ranker here.

 

WCKG-AM, Chicago Owner Buying Time on WLS-AM to Reach Voters for U.S. Senate Campaign. Chicagoland radio station owner Matt Dubiel – whose company DuPage Radio LLC owns and operates talk outlet WCKG-AM, Elmhurst – is running for the U.S. Senate as a Republican and is taking an interesting tack in his campaign. He says in a press release that “in the spirit of former presidential candidate and businessman Ross Perot, Illinois businessman Matt Dubiel has purchased airtime on Cumulus Media news/talk WLS 890-AM.” He will host a two-hour show every Saturday afternoon from 3:00 pm to 5:00 pm until the primary election on June 28. Dubiel adds, “Nothing can replace the reach of radio. I’m consistently being shadow-banned on social media, corporate media refuses to cover my campaign, and the issues we need to discuss like CRT/SEL in schools, medical freedom, and other hot topics are virtually banned on social platforms that censor We the People, in America! The Illinois GOP even has me blocked on Twitter, and I’m running on their ticket! Hosting my own show on the radio home of Bongino, Shapiro, and Levin will allow Dubiel to speak directly to the people. The people in every county across Illinois need to know they have a guy who will actually represent them for a change. I am looking forward to talking to ALL Illinoisians about the issues that matter to them.” The 45-year-old Dubiel says he began his career in radio at 17, interning for the legendary Steve Dahl. He worked his way up through the radio ranks in Chicago, serving as a producer and talent, before transitioning into management.

 

Jeff Katz Show Honored by Virginia Governor Glenn Youngkin. Pictured above is WRVA, Richmond afternoon drive talk host Jeff Katz (right) with Virginia Governor Glenn Youngkin (left) as the governor recognizes the 6th anniversary of Katz’s “Lt. Jan McTernan Blue Friday Honors Program” that pays tribute to Central Virginia police officers by highlighting their positive contributions.

 

TALKERS News Notes. Radio pro Jon Zaghloul is being promoted to sports director at DuPage Radio LLC’s WCKG-AM, Elmhurst, Illinois. In this new role, Zaghloul will continue to host his weekend program “Sports Talk Chicago” on the station. He says, “I am honored to be a part of this exciting new challenge with WCKG. Over the past two years with the station, I’ve thoroughly enjoyed the chance to provide Chicagoans with hard-hitting sports opinions and insightful interviews. Now, it is time to expand our iconic brand, and I am actively on the hunt for both fresh, and established local sports talent to bolster our daily lineup.”…..Los Angeles Comic Con, partners with iHeartRadio to produce the podcast, “Comic Con Meta*Pod.” The show launched on Wednesday (5/4) with a “May the 4th Star Wars” special featuring “Mandalorian” actor Giancarlo Esposito, “Clone Wars” and “Bad Batch” composer Kevin Kiner, and more. The podcast is hosted by Hector Navarro and art/culture critic Joelle Monique…..Pictured below is “Florida Man Radio” afternoon drive host Shannon Burke (left) with former New York City police chief Bernard Kerik (right). Kerik appeared on Burke’s radio show on Wednesday (5/4) and the two discussed Kerik’s former police chief role in New York City, working with Donald Trump, the January 6 Committee, and more. “Florida Man Radio” is broadcast on WDYZ-AM/W288CJ, Orlando and WZLB-FM, Fort Walton Beach.

 

Roe v Wade Leak/Protests, Fed Raises Interest Rates/Economy, Midterm Primaries/Trump & the GOP, Russia-Ukraine War, January 6 Investigation, COVID-19, and Dave Chapelle Attack Among Top News/Talk Stories Yesterday (5/4). The leak of a draft Supreme Court ruling that would overturn Roe v Wade and the protests taking place around the country; the Fed raises interest rates a half percent and the effect of high gas and food prices; the primary elections for November’s midterm races and Donald Trump’s influence over the GOP; Russia’s ongoing invasion of Ukraine and its effects on Europe and the global economy; Donald Trump Jr. sits for testimony before the January 6 committee; concerns about new Omicron variants causing a summer wave of infections; and Dave Chapelle is attacked while on stage at the Hollywood Bowl 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

Wednesday, March 9, 2022

Ryan Kaufman Adds KVOR, Colorado Springs PD Duties. Radio programmer Ryan Kaufman is promoted to program director for Cumulus Media’s news/talk KVOR-AM, Colorado Springs. Kaufman has been serving the company as PD for sports talk KCSF-AM “Xtra Sports 1300” and will continue in that role. Kaufman takes over for Bobby Irwin who continues in his position as operations manager of the Cumulus Colorado Springs station group and PD for two music brands. Cumulus Colorado Springs market manager Scott Jones says, “This is a well-deserved opportunity for Ryan. He’s a rising star in our business and you won’t find anyone more dedicated to and passionate about his trade. Ryan’s instincts are spot on and when you combine that with his tremendous work ethic, you achieve great results. I’m excited for us, for Ryan, and especially, for our listeners.” Kaufman comments, “Taking over a heritage station like KVOR is an amazing opportunity. Whether it’s sports or news/talk, the most important thing is the ability to engage in a conversation with the listener, talking about the issues that matter to them and keeping them informed. KVOR has been leading that conversation in Southern Colorado for decades with thought-provoking hosts and unrivaled news coverage. I look forward to working alongside news director Jim Arthur to not just maintain that standard but exceed it.”

 

 

Michael Berry Hosts Sold-Out ‘Great Texas Barbeque, Beer & Bourbon Blowout.’ Last Friday (3/4), KTRH, Houston-based, syndicated talk radio host Michael Berry hosted the sold-out “Great Texas Barbeque, Beer & Bourbon Blowout” in Houston that featured Premiere Networks syndicated personalities Jesse Kelly and the team of Clay Travis & Buck Sexton. The event treated a packed crowd of more than 1,200 listeners and fans to live music from country music artist Tracy Byrd as well as a conversation between the hosts about their careers and current events, including the conflict in Ukraine and the impact on the U.S., the midterm elections, and more. Michael Berry says, “Jesse and I love our fellow Texans here in Houston. Our listeners were keen to meet Clay and Buck and welcome them – Texas style, to our home with good food, good drinks, good music, and a good time. Clay and Buck loved ‘em back, and it was a great event all around. Radio can be a one-way medium – we talk into a microphone and they listen. For them to meet us, and more importantly, for us to meet them, reminds us why we do what we do and for whom.” Pictured above are (from l-r): Kelly, Berry Travis, and Sexton.

 

iHeartMedia’s Seattle Sports Talk KJR Adds Full-Market FM Signal. Seattle sports talk outlet KJR-AM gets an FM simulcast as iHeartMedia Seattle moves the hip hop on KUBE-FM to KUBE-HD3 and rebrands the sports station as “Sports Radio 93.3 KJR FM, Seattle’s Sports Leader.” KJR-AM will continue to air the sports format. iHeartMedia Seattle market president Mark Glynn says, “By moving the legendary KJR brand to the FM band, we’re going to be able to grow the next generation of Seattle Sports fans. With the combination of ‘Sports Radio 93.3 KJR FM,’ ‘Sports Radio 950 KJR AM’ and the iHeartRadio app, we enhance our sports platform and become the #1 destination for sports and currently the only FM sports platform in Seattle.”

 

 

John DePetro Broadcasts Live from Eastern Poland. Pictured above is WNRI, Woonsocket, Rhode Island talk host John DePetro broadcasting his radio program live on the radio station and Facebook Live from Rzeszow, Poland. DePetro tells TALKERS, “Challenging broadcast to say the least but valuable first-hand account of situation in Eastern Europe.” DePetro notes that Rzeszow is the closest airport to the border of Ukraine and main hub for thousands of refugees. He says he’s secured a translator and security and plans to broadcast later in the week from the Ukraine border.

 

RAB Extends President and CEO Erica Farber. As part of the Radio Advertising Bureau’s spring board of directors meeting held March 2-3 in Orlando, the organization announces a few updates “intended to maintain its executive ranks and strategically position the organization for continued growth as it serves a diverse and evolving broadcast radio industry.” Among those are the contract extension for president and CEO Erica Farber keeping her in that position through April 2024. The RAB’s executive committee also has reinstated and activated several new committees, including committees focused on bylaws, nominating, finance, strategy, investment, events, network, multicultural, and the National Radio Talent System. The committees are overseen by the RAB board of directors with participation by RAB’s senior staff and are intended to help the organization manage its day-to-day business, while planning ahead for the future and benefit of the radio industry. Also, at the meeting, Carolyn Fisher, partner, Southeast & Midwest Region, StateNets, officially joins the board of directors replacing Dave Martin.

 

Russia-Ukraine War, Gas Prices/Inflation, January 6 Capitol Attack Conviction, COVID-19, House Omnibus Bill, Postal Service Reform Act, and Brittney Griner Case Among Top News/Talk Stories Yesterday (3/8). Russia’s ongoing invasion of the Ukraine and the West’s reaction; the soaring price of gas at the pump and high consumer retail prices; the first person to stand trial for the January 6 attack on the Capitol is convicted; the falling rate of COVID-19 cases and the rolling back of mask mandates; the U.S. House prepares to vote on an omnibus bill that would include $14 billion in Ukraine aid; Congress passes bill to overhaul USPS finances; and WNBA star Brittney Griner is detained in Russia after hashish oil found in her luggage were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

 

 

 

FOX News Media Has News Reporter Opportunity. This is a Washington, DC-based, full-time position for an experienced reporter. You will cover a wide range of political, government, and Congressional stories for FOX News Audio (FOX News Headlines 24/7 and FOX News Terrestrial Radio). You possess strong journalism skills and thrive in a fast-paced, deadline-driven environment. Most importantly, you have great editorial judgement and the ability to break important news stories. See more about this position and apply here.

 

FOX News Seeks Freelance Producer/Editor. This freelance producer/editor position is based in New York and requires you to supervise the staff for FOX News Media’s network radio news operations (terrestrial and FOX News Headlines 24/7 – Channel 115 on SiriusXM Radio). As the freelance producer/news editor you are the editorial leader, working with news anchors to craft the content and structure of a 24/7 news operation. This is fast-moving news environment! Your ability to thrive in a fast-paced, deadline-driven newsroom allows you to deliver top-quality segments/newscasts. You excel at multi-tasking and pay close attention to details. Your writing and editing skills are excellent and your editorial judgment is first-rate. See more about the job and apply here.

Features

A Rich Man’s True Jewels

By Mike Kinosian
TALKERS magazine
Managing Editor

 

RICHMOND, VA. — Whether fair or not, market size/overall reach has been elevated as being an individual broadcaster’s dominant barometer of success.

Countless news/talk shows are heard on terrestrial, satellite, and internet radio, as well as through podcasts and other new media streams, yet it would hardly be a stretch to venture that a wildly significant number of news/talk hosts are fervently vying to become the next Rush Limbaugh.

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Front Page News Industry News

Thursday, February 24, 2022

KOA’s Mid-Morning Host Ross Kaminsky is This Week’s Guest on Harrison Podcast. One of talk radio’s leading thinkers in the realm of economics and foreign policy, Ross Kaminsky – heard 9:00 am to 12:00 noon on iHeartMedia’s news/talk giant KOA, Denver – is this week’s guest on the award-winning PodcastOne series “The Michael Harrison Interview.” Kaminsky grew up as a Navy brat and has spent most of his adult life waving his hands and yelling on the market trading floors in Chicago after studying economics, foreign policy, and politics at Columbia University. In addition, he has been to over 60 countries which adds to his perspective on a wide range of talk topics. Harrison and Kaminsky discuss a variety of current topics including the Russia-Ukraine crisis, the pandemic, political correctness, education, the economy and the changing nature of communications media. To listen to the podcast in its entirety, please click here.

 

Cumulus Media Q4 2021 Revenue Rises 2.6%. Reporting its financial data for the fourth quarter of 2021 and for the whole of 2021, Cumulus Media Inc says Q4 net revenue was $252.3 million, an increase of 2.6% over the same period in 2020. Net income for the quarter was $17.6 million compared to the net loss of $249,000 posted in Q4 of 2020. For Cumulus, digital revenue was the savior in the fourth quarter. The company reports broadcast radio spot revenue of $121.8 million, down 4.8% from Q4 of 2020, and network revenue of $71.3 million, a year-over-year decrease of 1.8%. However, digital revenue was $35 million, an increase of 47.3% compared to Q4 of 2020. Looking at the whole of 2021, net revenue was $916.4 million, up 12.3% over the whole of 2020. Broadcast radio spot revenue was up 6.1% over 2020 and network revenue was up 8.5%. Digital revenue for 2021 was $126.8 million, an increase of 47.6% over 2020. Cumulus reports net income of $17.3 million for 2021 compared to the net loss of $59.7 million it posted for 2020. Cumulus Media president and CEO Mary G. Berner says, “2021 was a year of tremendous progress and accomplishment for Cumulus. We not only achieved meaningful revenue growth in core radio, delivered substantial growth in digital, and greatly improved our operating leverage through material fixed cost reductions, but we also further and significantly de-levered our balance sheet, and executed many initiatives which bolstered our position as a true audio-first media company. As we carry this momentum into 2022, we continue to see significant upside with multiple pathways to enhance shareholder value.”

 

Round Two of January 2022 PPMs Released. The second of four rounds of ratings data from Nielsen Audio’s January 2022 PPM survey has been released for 12 markets including: Washington, Boston, Miami, Seattle, Detroit, Phoenix, Minneapolis, San Diego, Tampa, Denver, Baltimore, and St. Louis. Nielsen’s January 2022 sweep covered January 6 – February 2. Today, TALKERS magazine managing editor Mike Kinosian presents his Ratings Takeaways for this group of markets. In Washington, Hubbard Radio’s all-news WTOP jumps 1.6 shares to finish with an 8.0 share (weekly, 6+ AQH share) and rises to the #2 rank, while Cumulus Media’s crosstown news/talk WMAL-FM is flat with a 3.6 share and remains ranked #12. Bonneville’s KIRO-FM, Seattle adds three-tenths to finish with a 6.9 share and jumps to #1, while Lotus Communications’ crosstown all-news KNWN-AM/FM dips three-tenths and falls to the #5 rank with a 5.2 share. In Phoenix, iHeartMedia’s news/talk KFYI shoots up 2.3 shares for a 5.7 share finish and the #3 rank as Bonneville’s crosstown news/talk KTAR-FM is up a half share and climbs to the #13 rank. You can see Mike Kinosian’s complete Ratings Takeaways for this group of markets (and yesterday’s round one) here.

 

 

Jim Bohannon Emcees Polar Plunge. Pictured above is Westwood One late night talk host Jim Bohannon serving as master of ceremonies for the annual Polar Plunge fundraiser for the Special Olympics in Westminster, South Carolina on Saturday, February 19. Bohannon said, “Air temperature? 44 degrees. Water temperature? We were afraid to check.”

 

TALKERS News Notes. As the conflict in the Ukraine escalates, ABC News Radio correspondent and anchor Aaron Katersky (pictured here in Lviv, Ukraine) continues to report from inside Ukraine where he’s been for the past week. Katersky also leads ABC News Radio’s live anchored coverage and is sharing his insights directly with affiliates through more than two dozen daily two-ways. Katersky’s experience as a war correspondent in network radio goes back to 2003 when he embedded with the Marines in Iraq…..At CBS News Radio, foreign correspondent Charlie D’Agata co-anchored from the Ukraine “The World News Roundup” with Steve Kathan in New York. CBS says that today’s broadcast was eerily reminiscent of the origin of “The World News Roundup” which debuted 84 years ago when Nazi Germany annexed Austria in March of 1938. The broadcast, which was hosted by Robert Trout, first gave the world the voices of Edward R. Murrow and William Shirer, pioneering a top-of-the-hour news format that linked foreign correspondents around the globe with an anchor in New York City, giving listeners first-hand reporting from CBS journalists who were, and continue to be, eyewitnesses to the most important events in world history…..The Talk Shows USA-syndicated radio program “The Money Pit Home Improvement Show” adds new affiliate stations as WSGW, Saginaw, Michigan; WORK, Canandaigua, New York; WTSN, Dover, New Hampshire; and WKYX, Paducah, Kentucky pick up the program for their lineups. Show host Tom Kraeutler says, “Across the country, home improvement projects have increased as more people work from home and stay at home. The continued growth of our affiliates shows that now more than ever, ‘The Money Pit’ is a great tool for advertisers to reach active, engaged homeowners.”

 

WRVA, Richmond Host Jeff Katz Helps Raise Funds for Virginia Charity. Talk radio host Jeff Katz – pictured here his with daughter Julia – just finished a 36-hour fundraising blitz for The Friendship Circle of Virginia that pairs typically developing teens with disabled children. Katz says, “It’s always believed that the special needs kiddos will get the most out of the friendship that develops but the typically developing teens are the ones who always rave about the experience. These friendships last for lifetimes!” Katz says the charity does one fundraiser per year and his team – “Julia’s Jewels” was the big “winner” this year, setting a fundraising record of $21,351 in 36 hours.

 

GBH President Jonathan Abbott to Step Down at Year’s End. Longtime GBH president and CEO Jonathan Abbott announces he’ll step down from that post he’s held with the public media organization for 15 years at the end of 2022. GBH says that during his tenure, Abbott “reimagined the ways that GBH, the largest producer for PBS, creates and distributes content locally and nationally across new platforms, offering greater access to its award-winning journalism, educational and cultural programs for millions of Americans. He invested in public media’s essential role as a community resource, expanding coverage of local issues with the re-launch of GBH 89.7 as an audience-focused NPR news service.” Under Abbott’s leadership GBH has grown to encompass 10 digital and broadcast media channels and he’s grown the organization’s endowment from $63 million to $523 million. He comments, “The mission to share knowledge, inspire learning and strengthen community is why I’ve devoted my career to expanding the reach and impact of public media. There is no more exciting place to do this work than GBH. It has been my great privilege to work with an extraordinary group of talented and dedicated colleagues, supporting the creation of compelling, world class content and trusted journalism that helps us understand the critical issues of our times. I am grateful to our community for its enduring support of GBH and public media.”

 

Russia Invades Ukraine, Financial Markets/Inflation, COVID-19, Midterm Elections/Trump & the GOP, Trump Org Investigation, and Winter Weather Among Top News/Talk Stories Yesterday (2/23). The Russian military begins its move into separatist regions of the Ukraine as Vladimir Putin warns the U.S. not to interfere and former President Donald Trump praises Putin as a “genius”; the world’s financial markets reel on the news of Russia’s invasion of the Ukraine and soaring retail prices for consumer goods and gasoline; the falling rate of COVID-19 cases in the U.S. and the truckers’ “People’s Convoy” headed for Washington, DC; the battle for control of Congress in November’s midterm elections and Donald Trump’s influence over the GOP; the grand jury investigation into the Trump Organization stalls as two NYC prosecutors quit; and the frigid and snowy weather affecting much of the U.S. 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

Tuesday, February 8, 2022

Beasley Broadcast Group Reports 2021 Q4 Net Revenue Up 3.3%. Reporting its financial data from the fourth quarter of 2021, Beasley Broadcast Group reveals net revenue was $70.7 million, an increase of 3.3% over the same period in 2020 that the company says primarily reflects “a year-over-year increase in audio and digital advertising revenue and other revenue due to the continued recovery of the commercial advertising market from the effects of the COVID-19 pandemic, partially offset by a decrease in political revenue.” For the whole of 2021, Beasley reports net revenue of $241.4 million compared to net revenue of $206.1 million for all of 2020. The company reports operating income of $6.5 million in the fourth quarter of 2021 compared to operating income of $19.6 million in the fourth quarter of 2020. The decrease largely reflects higher operating expenses related to its digital agency build out, and the return of certain expenses that had been reduced in 2020 due to temporary measures taken in response to the COVID-19 pandemic. Beasley CEO Caroline Beasley comments, “Beasley delivered a strong finish to a solid year of operating and financial performance, as the strength of our content and continuing improvement in advertising trends, combined with the ongoing success of our digital transformation and revenue diversification strategies, continue to fuel our recovery. Throughout the year, we made significant progress on our near-term goal of returning all of our revenue sources to pre-pandemic levels, as reflected by the 17% increase in full-year net revenues to $241 million. Top-line growth was the primary factor contributing to a 75% year-over-year increase in Station Operating Income to $42 million. Overall, we believe these results demonstrate the strength and relevance of our industry-leading audio content and our teams’ extraordinary efforts to serve our listeners, customers and communities through challenging circumstances. Growing consumer and advertiser demand for Beasley’s digital audio content drove a 47.3% year-over-year increase in digital revenue, with digital accounting for 15% of total fourth quarter revenue. Notably, our digital network delivered record digital audience impressions for the third consecutive quarter, with total digital impressions growing 20% over third quarter 2021 levels and 39% over the prior year period. Total outstanding debt as of December 31, 2021 was $300 million and we had $51.4 million of cash and cash equivalents on hand. Our strong liquidity position enables us to make debt repayments while providing us with increased financial flexibility to pursue a potential acquisition or investment within the digital space, should an opportunity arise that could accelerate our digital growth or provide synergies and increased free cash flow.”

Melissa Rapp Named SVP of Affiliate Sales for Key Networks. Media sales pro Melissa Rapp is named senior vice president, affiliate sales for Key Networks. Rapp was most recently with SDS as vice president of sales. During her career she’s also served with vCreative and MediaSpan Online Services and has held sales positions at several radio stations. Key Networks COO Dennis Green says, “As we continue to build a best-in-class organization at Key Networks, we are delighted to welcome Melissa Rapp to lead our affiliation efforts. Melissa has extensive contacts in the industry, understands broadcasters’ needs and has the confidence from affiliates that she will deliver best-in-class products and services for their stations.” Rapp comments, “I’ve known Key Networks CEO Rob Koblasz and COO Dennis Green for many years, and I’m thrilled to finally have the opportunity to work with them. My passion has always been to help stations be more efficient and serve their communities with the best possible product. It’s a great time to be in radio and a grand time to represent the premium talent and programming at Key Networks!”

Carl Jackson Podcast Joins Salem Podcast Network. The host who filled in for Larry Elder during his hiatus from radio to run for governor of California in September’s recall election is getting his podcast added to Salem Media Group’s Salem Podcast Network. Carl Jackson’s eponymous podcast launched yesterday (2/7) with new episodes dropping each weekday. In addition to subbing for Elder, Jackson has also been regularly heard on WORL-AM, Orlando “AM 950 The Answer.” Salem VP of spoken word Phil Boyce says, “Carl Jackson has an amazing story, and every day on this podcast he will be telling it. When Larry Elder took his leave of absence to run for California governor, Carl took over and never missed a beat. He is smart, articulate, and fearless.” Jackson comments, “I’m absolutely humbled and excited to be a part of the team on the Salem Podcast Network. This opportunity is proof that the American Dream is alive and well when you work hard. I look forward to reaching a new audience with this podcast that will help me fight to save America as we know it.”

NRG Media Promotes Jim Smith to COO. Media executive Jim Smith is promoted to chief operating officer at NRG Media, LLC. Smith has served the company as chief financial officer for the past 14 years. NRG says Smith will continue to oversee the financial component of NRG Media as the company’s CFO but will add leading the operational oversight of NRG’s nine markets and 38 radio stations throughout the Midwest in Iowa, Illinois, Nebraska and Wisconsin to his duties. NRG Media president and CEO Mary Quass says, “Jim understands the importance of NRG’s mission to provide great local radio and plays an instrumental role in leading the company through operational challenges created by the pandemic over the last two years.”

‘The Joe Rogan Experience’ Tops Edison Research’s Podcast Chart. This chart of the top 50 podcasts in the U.S. from Edison Research is based on Edison’s Podcast Consumer Tracking Report, which Edison says is the only podcast measurement service that measures the relative audience size and demographics of all podcast networks and is also the only measurement based on actual listening, not downloads. For the fourth quarter of 2021, Spotify’s “The Joe Rogan Experience” ranked #1, followed by The New York Times’ “The Daily” at #2 and audiochuck’s “Crime Junkie” at #3. Edison says its podcast chart “is derived from data collected continuously Q1 2021 – Q4 2021, from surveying weekly podcast consumers ages 18 and older in the U.S. Participants indicate which podcasts they listened to in the past week along with a variety of demographic, psychographic, and purchase behavior information.” Subscribers include SXM Media, Google, NPR, Spotify, Wondery, ESPN/ABC/Disney, WarnerMedia, and more. You can see the complete chart here.

TALKERS News Notes. Chicago media writer Robert Feder reports that former WBBM-AM/WCFS-FM news anchor Mariam Sobh is launching a new podcast titled, “News with a Bite,” in collaboration with former WGN-AM programmer Todd Manley of EarSight Studios. Feder writes, “In addition to highlighting news headlines with Sobh’s commentary, the podcast features sketches, comedy songs and in-depth interviews with a variety of guests.”…..AdLarge announces the addition of the “Late Night Drive with Ellie Schnitt” podcast to its ad sales portfolio. The podcast expands on health and wellness content, specifically focusing on mental health, love, and navigating adult life. Schnitt is the former host of the popular Barstool Sports podcast, “Schnitt Talk.”…..The Nebraska Broadcasters Association will enshrine Rick Alloway, Gary Kerr and Neil Nelkin into its Hall of Fame at a celebration scheduled for August 9 in Lincoln, during the 87th Annual NBA Convention. Rick Alloway worked for KFOR, Lincoln from 1972-1984 as an announcer, producer, promotions director and operations manager. Nelkin’s career includes work as an announcer, talk show host, program director, operations manager, station manager and co-owner. He continues to stay active in Omaha radio, at both NRG Media and at Walnut Media.

Ukraine Tensions, COVID-19/Freedom Convoy, SCOTUS Redistricting Decision, Spotify-Joe Rogan Controversy, January 6 Investigation/Trump Documents Question, and Beijing Olympics Among Top News/Talk Stories Yesterday (2/7). The diplomatic tensions over Russia’s military build-up at the Ukraine border; the rate of COVID-19 cases in the U.S. and abroad, the loosening of mask mandates, and the Canadian truckers’ Freedom Convoy; the Supreme Court sides with the Alabama GOP over its new congressional map; the ongoing controversy over Spotify’s PR maneuvers with podcaster Joe Rogan; the investigation into the January 6 Capitol attack and allegations that former President Donald Trump tore up documents related to the day’s events; and the Beijing Winter Olympics were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.