Front Page News Industry News

Tuesday, March 2, 2022

Radio One Swaps Frequencies in Charlotte; Sports Talk WFNZ Gets Full Market FM Signal. Charlotte sports talk WFNZ-AM is getting a full-market FM signal as Radio One swaps FM frequencies between WFNZ and hip hop/R&B “92.7 The Block.” WFNZ is now heard on WFNZ-FM at 92.7 (in addition to WFNZ-AM at 610) and “The Block” airs on FM translator W273DA at 102.5. Radio One Charlotte/Richmond regional VP Marsha Landess says, “Charlotte has continued to grow as a great sports city and Sports Radio WFNZ will continue to grow with it! Now on a more powerful FM signal, with continued live and local talent, we will be able to superserve more of our listeners and clients with broader market coverage on the FM dial.”

 

Audacy Unveils New Audacy Digital Audience Network. In an effort to present advertisers with a “high-performing audience solution,” Audacy launches the Audacy Digital Audience Network, “an addressable aggregate of over 60 million listeners that other audio platforms and streaming platforms do not reach.” Audacy says that each month, it connects with 200 million fans across its broadcast and digital assets. Over 60 million of these listeners can be found on ADAN across its streaming content, on the Audacy app and on its podcasts. Through this, ADAN can target precise audiences at scale and deliver high-performing digital audio media strategies for Audacy’s advertising partners.” The company says it “continues to provide exclusive content across news, sports, talk, music and podcasts that its listeners seek and trust as a daily habit. ADAN audiences skew more affluent, are more likely to be college educated and are more diverse – collectively bringing the highest value consumers to advertisers. ADAN provides an unduplicated reach to listeners that other audio platforms do not deliver.” Components of the Audience Network include over 230 of Audacy’s broadcast brands and thousands of podcasts. Exclusive stations, curated music stations from Audacy brands, talent and influencers and digital streams of MLB play-by-play broadcasts via flagship partnerships are also included in ADAN.

 

WWO Blog: AM/FM Radio, Print, and Podcast Ads Lead in Attentiveness. The Cumulus Media | Westwood One Audio Active Group releases a new Media Attentiveness and Ad Skipping Report that incorporates several new studies that examine consumer attentiveness and concentration levels when using various media platforms, ad-skipping tendencies, and the reasons why listeners choose to use various audio platforms. Cumulus EVP of marketing and Westwood One president Suzanne Grimes says, “Our new Media Attentiveness and Ad Skipping Report demonstrates that AM/FM radio leads all media in advertising attentiveness with the lowest levels of ad skipping. Consumers also devote very high levels of concentration to podcasts since listeners actively seek them out to learn something new, which justifies premium CPMs for podcasts.” Some of the highlights of the report include: 1) Attention grows in importance among marketers and agencies: Nearly half of advertisers have discussed consumer attentiveness as a metric. Two out of three say it is important for measuring media investments; 2) Traditional media ads have greater engagement compared to digital ads: AM/FM radio, print, and podcast ads lead in attentiveness. Consumers skip social and digital ads the most; 3) Social media disconnect: Agencies/marketers overestimate consumer concentration of social media. Two consumer studies reveal social media has the lowest attentiveness of media platforms; 4) AM/FM radio CPMs should be a premium to Pandora and Spotify: Pandora/Spotify audio impressions are not the same as AM/FM radio impressions. The greater proportion of spoken word content on AM/FM radio generates much higher levels of concentration and attentiveness. The information and personalities of AM/FM radio satisfy consumer needs for information and connection. See the full blog post here.

 

KLIF-AM, Dallas Adds ‘Markley, van Camp & Robbins’ Show. The Compass Media Networks nationally syndicated news/talk program “Markley, van Camp and Robbins” is added to the program lineup at Cumulus Media’s KLIF-AM, Dallas in the 12:00 noon to 2:00 pm slot. KLIF-AM program director Bruce Collins says, “These guys were just what we were looking for to add to KLIF’s lineup, news and information and a whole lot of laughs and fun. They understand entertaining radio.” The program stars Jamie Markley, David van Camp, and Scott Robbins. Van Camp says, I’m excited and honored to be on the legendary KLIF. Having spent several years in the Metroplex, being on that station means a lot to me. Many thanks to Bruce Collins, who’s been a great partner and supporter of the show from the beginning.”

 

Todd Starnes Speaks at CPAC 2022. Nationally syndicated talk radio host and best-selling author Todd Starnes was a featured speaker at last weekend’s CPAC 2022 in Orlando. In addition to appearing on the conference’s agenda, Starnes broadcast his national radio show from the CPAC radio row during which he interviewed former President Donald Trump and South Dakota Governor Kristi Noem (pictured here with Starnes).

 

 

KYW, Philadelphia Honors 2022 GameChangers. Pictured above are the recipients of the 2022 GameChangers honors from Audacy’s all-news KYW, Philadelphia. The annual GameChangers recognize people making a difference in communities of color around the Philadelphia region. This year’s honorees were recognized at a ceremony at Audacy’s Philadelphia headquarters on February 27. KYW Newsradio community impact reporter Racquel Williams, who has been highlighting the GameChangers honorees throughout February, hosted the ceremony. The 2022 recipients were nominated by members of the audience and selected by a panel of previous honorees. Audacy Philadelphia SVP and market manager David Yadgaroff says, “KYW Newsradio shines light on the stories of people from all backgrounds doing amazing things in our communities who might not otherwise get the recognition they deserve. That’s part of our mission 365 days a year, and we’re proud to award these meaningful honors to these outstanding community leaders during Black History Month.”

 

Cumulus Media’s WJR, Detroit Helps Raise $1.74 million for Salvation Army. Detroit news/talk WJR-AM helped raise more than $1.74 million for The Salvation Army of Metro Detroit during a 27-hour radio fundraiser that took place on February 24 and 25. The Cumulus Media station presented the 35th Annual Bed & Bread Club Radiothon as station personalities including Paul W. Smith (pictured here), Sean Baligian, Kevin Dietz, Lloyd Jackson, Chris Renwick, Mitch Albom, Ken Brown, Steve Courtney, Kevin O’Neill and Guy Gordon broadcast from The Salvation Army Eastern Michigan Divisional Headquarters in Southfield, Michigan.

 

Norm Lewis to Perform at BFoA’s Golden Mike Award Dinner and Ceremony. The Broadcasters Foundation of America announces that this year’s entertainment for the Golden Mike Award Gala will be Broadway, film, and TV star Norm Lewis. Following a one-year hiatus due to the pandemic, the BFOA Golden Mike Award Dinner and Ceremony returns this year on Monday, March 14 at the Plaza Hotel in New York City. The annual event is the biggest fundraiser for the Broadcasters Foundation, whose sole mission is to provide financial aid to broadcasters in acute need from critical illness, accident, or serious misfortune. This year’s BFOA Golden Mike Award honoree will be Hilton Howell, Jr., chairman of the board and CEO of Gray Television and Atlantic American Corporation. The Lifetime Achievement Award honors a broadcaster who has made invaluable contributions to the television and radio industries. This year, it will be presented to renowned sportscaster Lesley Visser.

 

TALKERS News Notes. A new podcast starring Dennis Prager and Julie Hartman is joining the Salem Podcast Network. After reading Prager’s book, Still the Best Hope, Hartman – a senior at Harvard University – realized she actually held many conservative beliefs. She reached out to Prager, who was so impressed with her that he invited her on to his national talk show. Not long after, she sat in for him for all three hours of the show. Now, the two are launching a weekly podcast titled, “Dennis and Julie.” She says, “Finding Dennis’ work changed my life. I discovered the historic significance of the American value system and just how much our society today has come to be guided by the wrong principles. I hope that Dennis and I can make the world more understandable to our audience and impart to our listeners — especially those my age — how important it is to resist the far-left push that comes at them every day. I’m honored to work with Dennis and I’m grateful to Salem for trusting me with this opportunity.”…..CNN debuts three new podcasts. “Breaking News Alerts” – previously only available to smart speaker listeners – this audio version of CNN’s breaking news alerts offer podcast listeners a more contextualized understanding of breaking news. “Tug of War” takes listeners to the most volatile corners of the world to document some of the greatest power struggles of our time – a mission that now feels more relevant than ever – and offers historical, political, and social context for the Russia-Ukraine conflict. “Diversifying” – hosted by Delyanne Barros – presents insightful discussions about how the financial system can work for us, instead of against us. It creates a space for people who have traditionally been left out of conversations around personal finance, and who are often faced with the challenge of balancing cultural expectations against their own financial needs…..ESPN Audio says that the 2021 Share of Ear from Edison Research finds that ESPN Audio accounts for over half of all sports listening, at 53%, marking a nine percentage point increase in the same category from 2020. ESPN Audio was also shown to account for 63% of the digital sports listening space and 47% of the terrestrial sports audio space, both up a significant 8% points from 2020, respectively…..SiriusXM announces that Hope Solo, the World Cup champion and Olympic gold medalist goalkeeper, will launch a new and original SiriusXM podcast, “Hope Solo Speaks,” that debuts across all podcast platforms March 2. Solo will discuss a variety of topics on her mind, including her relentless fight for women’s rights and gender equality, motherhood and family, changing trends in sports and much more. Solo will be joined on episodes of the podcast by guests from various walks of life including world-class athletes, artists, and influencers for candid conversations on their experiences, passions and topics of the day.

 

Russia’s Attack on Ukraine, COVID-19, State of the Union, Midterms/Trump & the GOP, UN Climate Report, and Sacramento Murder-Suicide Among Top News/Talk Stories Yesterday (2/28). Russia’s continued attacks on the Ukraine and the rest of the world’s response; the rate of COVID-19 cases in the U.S. and relaxing mask mandates; tonight’s State of the Union address by President Joe Biden; the battle for control of Congress in the November midterm elections and Donald Trump’s influence over the GOP; the dire warning on the effects of climate change from the Intergovernmental Panel on Climate Change; and the murder of three children and their chaperone by the children’s father in a Sacramento church 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.