Industry News

TALKERS News Notes

SiriusXM Announces Coverage for 2024-25 NBA Season. The satellite and internet broadcaster launched its coverage of the NBA’s 2024-25 season with a doubleheader featuring the reigning NBA Champion Boston Celtics hosting the New York Knicks, followed by the Minnesota Timberwolves facing off against the Los Angeles Lakers. This season, SiriusXM listeners will get access to live broadcasts of every NBA game through the NBA postseason and The Finals, as well as daily, in-depth NBA-focused programming on the SiriusXM NBA Radio channel.

PodcastOne Unveils the Explosive 10th Season of The Opportunist: “Tim Ballard: Unmasking a Hero.” PodcastOne announces the release of the latest season of its hit series, “The Opportunist,” hosted by veteran true crime author and podcast host Sara James McLaughlin. The new series delves into the dramatic rise and fall of Tim Ballard, the embattled founder of Operation Underground Railroad. Known for his work rescuing trafficked children, Ballard’s public persona hides darker allegations. McLaughlin takes listeners on a gripping investigative journey, featuring interviews with some of the women who have accused Ballard of sexual misconduct.

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TALKERS News Notes

Blood Donation Event

National Blood Donation Week.  Yesterday (9/4) was National Blood Donation Day in America and this is National Blood Donation Week (9/1-9/7). Las Vegas-based TMN syndicated and TALKERS Heavy Hundred host Dr. Daliah Wachs was instrumental in creating these established annual events during which governors across the U.S. unite to help generate blood donations and raise awareness in support of the nation’s blood banks. A former recipient of the TALKERS “Humanitarian of the Year” award, she is pictured above giving blood while being interviewed yesterday by media personality Everett Cardwell on Las Vegas TV station KSNV channel 3.   Drives are being held across the country and can be found by visiting the American Red Cross website.  For media inquiries, or to arrange an interview, please contact Dr. Daliah Wachs at doctordaliah@hotmail.com or (702) 279-4123.

 

  Toyota and Lexus Join New Three-Year SiriusXM Subscription Program.  LexusSiriusXM today (9/5) announced that Toyota is now participating in its new three-year Extended Service Subscription program designed to empower automakers and dealerships in the United States to deliver even more value to new-vehicle buyers. Through this program, participating Toyota and Lexus retailers across the nation are now able to include the Extended Service Subscriptions to SiriusXM’s leading audio entertainment services with the purchase of select new vehicles, expanding the Toyota and Lexus Connected Services features available for customers while providing flexibility in payment options.  ToyotaSiriusXM capability is a standard feature in all Toyota and Lexus models sold in the United States. Now, participating Toyota and Lexus dealerships can choose to add the three-year Extended Service Subscription to new models featuring the latest Toyota Audio Multimedia and Lexus Interface. The three-year subscription’s cost will be added to the vehicle’s purchase or lease price. Vehicles that do not include the three-year Extended Service Subscription will continue to include a standard three-month trial subscription to SiriusXM.

 

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TALKERS News Notes

KAB

Sirius XMSiriusXM to Open Technology Center of Excellence in Ireland.  SiriusXM Satellite Radio has opened of a new state-of-the-art technology facility in Dublin, Ireland. The Company’s Dublin-based employees are expected to play a critical role in the audio entertainment company’s continued digital transformation and will function as a “center of excellence” for SiriusXM’s Product and Technology organization. SiriusXM is supported by the Irish government through IDA Ireland.  SiriusXM’s Dublin workforce will primarily focus on software development, automotive technology and engineering, adtech, data science, and analytics. Talent based in the new technology hub will be charged with developing and implementing best-in-class standards for high-quality, scalable software deliveries for SiriusXM’s streaming and in-vehicle audio entertainment platforms.  Ireland’s Minister for Enterprise, Trade and Employment Peter Burke tells TALKERS, I congratulate SiriusXM on their expansion. Our team had the pleasure of meeting the SiriusXM management team recently, and I am pleased that they are opening a new Technology Center of Excellence in Dublin and availing of the wealth of professional talent available here.

Industry News

SiriusXM Sets DNC Schedule

Sirius XM
SiriusXM’s coverage of the Democratic National Convention will begin next Monday (8/19) at 7:00 am (ET) with Zerlina Maxwell’s “Mornings with Zerlina” on Progress (channel 127). Throughout the week she’ll interview politicians and experts, as well as provide her analysis of the previous night’s key moments. Another Progress host, Michelangelo Signorile, will walk throughout Chicago’s United Center, interviewing politicians; spokespeople; and experts. “Tell Me Everything” host John Fugelsang (9:00 am – 12:00 noon, ET) will anchor primetime coverage onsite. Meanwhile, SiriusXM POTUS (channel 124) hosts Steve Scully and Julie Mason will do their shows live from Chicago all week. Among others, Mason’s early confirmed guests include Colorado Senator Michael Bennet; Michigan Representative Debbie Dingell; Oregon Senator Jeff Merkley; and Florida Representative Debbie Wasserman Schultz. Weeknight political program “RealClearPolitics” (6:00 pm – 7:00 pm, ET) will broadcast live from the POTUS set on “Media Row” throughout the DNC. In addition to hosting their own shows, Scully and Mason will anchor special primetime coverage from inside the arena starting at 8:00 pm (ET), where they’ll provide analysis and also air the night’s big speeches.

Industry Views

SABO SEZ: The Myth About Wall Street

By Walter Sabo
CEO, Sabo Media Action Partners
A.K.A. Walter M Sterling
Daily host, WPHT Philadelphia
Weekly host, Talk Media Network

imWall Street investors do not put up money for traditional radio and television stations.

That myth has been a burden within our culture for about 10 years and it just is not true. From a 1980s fast-buck perspective, traditional media does not offer the no-effort returns it once did. But major investors continue to seek opportunities from radio and TV acquisitions. Notably, today the money is much “smarter” than that found in the 1980s.

(Side note, the 1980s rush to radio put the business in the hellish financing we live with today. The new money won’t do that.)

Marc Rowan is the CEO of Apollo Advisors which bought Cox TV and radio. Apollo was first money in Sirius radio. Their escrow check closed the deal for Howard Stern and changed the radio industry. Marc explained to me that Apollo is not an investor, they are “owners.” Apollo has a long game plan as savvy operators with decent, moral standards. Marc actually likes, consumes and celebrates media. Apollo is not a chop shop. They build businesses.

George Soros is about to close on Audacy. Mr. Soros is a brilliant business builder. Like Apollo, he is an owner/operator. Soros represents smart money going into the proven medium of radio.

John Malone, builder of the cable industry, saved Sirius within days of bankruptcy. The company was about to miss payroll, Malone pulled it out the fire and through Liberty holdings he continues to control 83% of SiriusXM. Over the years he has grown, not diminished Liberty’s stake in the satellite company.

Rowan, Soros, and Malone have one thing in common: They are not jokers. They each have robust histories of sober, sane investments which has made them billionaires. While you and I shop the price of milk, the new owners of proven media are model guides for future Wall Streeters.

Walter Sabo has been a C Suite action partner for companies such as SiriusXM, Hearst, Press Broadcasting, Gannett, RKO General and many other leading media outlets. His company HITVIEWS, in 2007, was the first to identify and monetize video influencers.. His nightly show “Walter Sterling Every Damn Night” is heard on WPHT, Philadelphia. His syndicated show, “Sterling On Sunday,” from Talk Media Network, airs 10:00 pm-1:00 am ET, and is now in its 10th year of success. He can be reached by email at sabowalter@gmail.com

Industry News

Talent Agent Don Buchwald Dies at 88

DonBuchwaldAs originally reported by TMZ, well-known talent agent Don Buchwald died this past Monday (7/22) of natural causes at his Massachusetts home, where he was “surrounded by loved ones.” Buchwald formed his bi-coastal agency Don Buchwald & Associates in 1977 with five associates. The firm employs 130 employees who work across many platforms of entertainment and media. His most notable client, of course, was/is Howard Stern, as well as Stern’s longtime co-host, Robin Quivers. According to TMZ – Buchwald represented Stern personally, “while also acting as his manager and publicist. Stern was Don’s single personally-handled client and Howard referred to ‘super-agent Don Buchwald’ over the years on the radio. Buchwald was instrumental in helping Stern land a megadeal at SiriusXM worth an estimated $90 million a year.” Creator of SiriusXM’s Howard Stern Channels, Sabean Media president Tim Sabean posted on X, “I lost my closest pal today. You left an iconic legacy. I miss you with all my heart and soul. RIP my dear friend.” In a similar post, former SiriusXM SVP of sports programming Steve Cohen notes, “RIP my dear Don from Bensonhurst. An incredible friend, mentor and philanthropist. When I was down, you lifted me up. You made me smarter, wiser and taught me to be a deep thinker. Deepest condolences to the Buchwald family.” When Buchwald and Stern first met, they sat down in Buchwald’s office and talked for an hour. In a 2018 interview, Stern told The New York Times, “He turned to me and said, ‘You know, your career could be as big as Johnny Carson’s.’ I thought this guy might be a little bit nuts. But he believed in me from the very beginning, more than I believed in myself.” Having had no interest in being in the spotlight, Buchwald was quoted in that aforementioned article, “I’m not a particularly boastful person.” Don Buchwald was 88 years old.

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TALKERS News Notes

Radio pro Jim Watkins is self-syndicating a daily one-hour show called, “Speaking Out with Jim Watkins.” He calls it a “truly thoughtful one-hour show that gives people a snapshot of America right now.” Current affiliate stations include: KMZQ, Las Vegas; KFXR, Dallas; KPRC, Houston; KTMS, Santa Barbara; KVTA, Ventura; KSBN, Spokane; KIKO, Phoenix; and KWWV-HD, San Luis Obispo. Watkins can be reached at 239-470-9297 and Jwatkins00@comcast.net.

SiriusXM announces that Subaru expands the installation of SiriusXM to make the audio entertainment offering a standard feature beginning with its entire model year 2025 vehicle lineup in the United States. SiriusXM with 360L combines satellite and streaming content delivery into a single, cohesive in-vehicle entertainment experience.

Industry News

SiriusXM Shows to Broadcast from the RNC

SiriusXM announces that a number of its political talk shows will broadcast live from Milwaukee during nextim week’s Republican National Convention. “The Megyn Kelly Show” will broadcast live from the pavilion at the Fiserv Forum on both Wednesday and Thursday. Julie Mason will host her POTUS show each day from 3:00 pm to 6:00 pm and will then kick off the channel’s special nighttime coverage starting on Monday at 8:00 pm ET. And David Webb will also host his Patriot channel program, “The David Webb Show,” in late mornings in addition to joining Patriot’s primetime programming starting Monday at 9:00 pm ET.

Industry News

SiriusXM and Baseball HoF Team Up for New Podcast

SiriusXM and the National Baseball Hall of Fame announce a multi-year collaboration to produce a newim podcast dedicated to telling the stories of the all-time great players who are enshrined in the Hall of Fame in Cooperstown, New York. The new program, titled, “The Road to Cooperstown,” debuts on June 8 and airs every Saturday at 9:00 am ET on SiriusXM’s MLB Network Radio channel. Season one will run from June through October and each week’s episode will feature a long form conversation between SiriusXM host Jon Paul Morosi and a different Hall of Famer.

Industry News

Edison: Reaching Potential Voters with Audio Ads

According to data from Edison Research’s ongoing Share of Ear study, reaching potential voters with campaign ads should include spending on audio because “fully 84% of the voting-age public is reached by ad-supported audio daily.” Where to spend depends on which potential voters campaigns are trying toim reach. “Republicans listen to more AM/FM radio than other groups, with an index of 109 (or 9% more listening than average). The ad-supported spoken-word channels on SiriusXM are a particularly efficient place to find Republicans, with an index of 146. Meanwhile, podcasts stand out as the more efficient platform for reaching Democrats, indexing at 121. And what about those elusive Independents, who often tip an election? Both streaming music, and in particular music videos on YouTube, over-deliver for these potential voters, with indexes of 103 and 123 respectively.” Edison adds, “Regardless of the party that buyers are trying to reach with political ads, audio stands out as a superior pathway to reaching voters. Audio provides enormous audiences and often a far less cluttered political environment than other ad channels.”

Industry News

SiriusXM Presents Coverage of 108th Indy 500

SiriusXM is covering the 108th running of the Indianapolis 500. Subscribers will have access to the liveim call of the race from Indianapolis Motor Speedway on Sunday, May 26. Pre-race coverage begins at 11:00 am ET on SiriusXM INDYCAR Nation and NBC Sports Audio. SiriusXM INDYCAR Nation will also air live coverage of the Indianapolis 500 Miller Lite Carb Day Practice session on Friday (5/24) at 11:00 am ET.

Industry News

SiriusXM Reports Q1 Financial Results

Satellite and internet broadcaster SiriusXM reports its 2024 first quarter financial results and reveals revenue of $1.68 billion, a decrease of less than 1% from the same period in 2023. The company reports net income of $265 million, an increase of almost 14% over Q1 of 2023. However, the figure getting the most notice from industry watchers is the loss of 359,000 self-pay subscribers. Additionally, self-payim subscriptions to Pandora Plus and Pandora Premium services fell by 64,000. During the analyst conference call, SiriusXM CEO Jennifer Witz admitted that the focus on the company’s new streaming app has been disruptive, but she says they feel good about their goal of getting new, younger subscribers for the streaming-only service. “We are confident that our app platform relaunch and the product improvements coming in the car are putting us on the right path.” She says in a press release, “We have significantly stepped-up the pace of experimentation and innovation, a critical lever in our mission to deliver improved subscriber performance while maintaining a disciplined approach to spending in our focus on profitability.”

Industry News

SiriusXM Launches Crime Junkie Radio Channel

SiriusXM announces a collaboration with audiochuck and its founder Ashley Flowers to create Crimeim Junkie Radio, its first-ever full-time true crime channel. The channel will feature the new series, “Crime Junkie AF,” hosted by Flowers. The 24/7 channel will present episodes from the deep archive of audiochuck’s flagship show “Crime Junkie” along with selections from its other top-rated shows, such as “The Deck.”

Industry News

TALKERS News Notes

The nationally syndicated “Erick Erickson Show” adds new affiliate station KJCE, Austin. Erickson received a welcome to Austin message from Texas Governor Greg Abbott.

SiriusXM will present coverage of the 2024 NFL Draft, with live announcements of every selection from every round and in-depth analysis on the SiriusXM NFL Radio channel, as well as additional NFL Draft-focused programming on the SiriusXM College Sports Radio channel. The draft begins Thursday night from Detroit.

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TALKERS News Notes

Austin, Texas’ KUTX Public Media names Wade Lee assistant general manager for strategy, engagement and development. In this newly created position, Lee will serve as a strategic advisor to the general manager and oversee the station’s membership, development, marketing and community engagement teams. He takes on many of Sylvia Carson’s responsibilities after her retirement in December.

SiriusXM’s “Busted Open” hosts Dave LaGreca, Mark Henry, Bully Ray and Tommy Dreamer are hosting a series of shows from Philadelphia from April 4 – 8, as the wrestling world comes to the City of Brotherly Love for one of WWE’s biggest annual events – WrestleMania. These special episodes of “Busted Open” will be open for the public to attend as the hosts preview the two-night WrestleMania event taking place at Lincoln Financial Field.

Industry News

SiriusXM Names van Mosel SVP of Podcast Strategy

SiriusXM appoints Sarah van Mosel to the new role SVP, podcast strategy. Van Mosel previously served as chief revenue officer with Stitcher, the aggregator that SXM Media acquired for $353 million back in 2020. In a memo to staff, SiriusXM president and chief content officer Scott Greenstein says, “As podcasting continues to be a major driver of growth in our overall business, we are organizing theim best team in the industry to power our next chapter… A major area of focus is expanding our relationships with top podcasts as we look to grow both our exclusive content portfolio and support our successful advertising business. To help us achieve our goals, we decided to bring in an expert to champion SiriusXM in the marketplace. I am thrilled to welcome Sarah van Mosel back to SiriusXM in a new role as SVP of podcast strategy, reporting directly to me. In this role, Sarah will develop a targeted podcast acquisition strategy as well as source and attract up and coming new talent to the SiriusXM Podcast Network.” Greenstein says van Mosel will work with SVP of podcasting content Adam Sachs.

Industry News

Mike Church Show Begins AM/FM Syndication

Talk media personality Mike Church – longtime host of the morning drive program on SixiusXM’s The Patriot Channel – is bringing his Internet-based talk program to terrestrial radio. Church’s company, The Crusade Radio Network,” says, “We are delighted to announce that after seven years of singularim devotion to Internet radio broadcasting, we are launching ‘The Mike Church Show’ into terrestrial radio syndication! The launch date of ‘The Mike Church Show’ will be March 1 and the show will begin its repatriation of AM/FM radio in Atlanta, Georgia’s #7 U.S. radio market on WXKG “The King”! Church adds, “We’ve always known that terrestrial radio was going to play a part in our industry leading development of Internet radio, we just didn’t know in what way. Over the last two years, that role began to materialize with the dearth of quality talk shows and the opportunities to fill that gap left by the wrecking ball that was consolidation’s march through local radio properties.” The program airs live from 7:00 am to 10:00 am ET.

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TALKERS News Notes

The NFL’s New York Jets are moving their radio play-by-play from Good Karma Brand’s ESPN New York (WEPM-AM/FM) to iHeartMedia’s rock WAXQ-FM “Q104.3” beginning with the 2024 season. Good Karma is ending its lease of WEPN-FM this year and will continue to air the sports talk format on WEPN-AM and digital platforms.

Lemonada Media is bringing the David Duchovny-hosted podcast “Fail Better” to its network. Duchovny says, “I’ve been a connoisseur of failure for a long time, obsessed with the mistakes we make or the fear of making. I like thinking about how those mistakes, coupled with the futility of trying to avoid them, shapes our lives. If failure is something we all do so often, why are we so afraid of it? Working with Lemonada to explore this part of human nature is a gift in itself, and a meta-exercise for me in doing something new – hosting a podcast – which frankly fills me with my own fear of failure.”

SiriusXM is doing its annual MLB Network Radio Spring Training Tour, in which it visits all 30 MLB team camps in 17 days to give listeners a comprehensive preview of every club as they prepare for the 2024 MLB season. Shows will be hosted by former general managers Jim Bowden, Jim Duquette and Steve Phillips, former major leaguers Kevin Frandsen, Eduardo Perez, Xavier Scruggs, and Ryan Spilborghs, as well as Mike Ferrin and Dani Wexelman. 

Audacy partners with three-time NBA champion Danny Green for his weekly podcast, “Inside the Green Room with Danny Green.” In addition, Green will serve as an Audacy insider, frequently appearing as an NBA analyst on Audacy sports stations across the country.

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TALKERS News Notes

The Nebraska Broadcasters Association will induct Kent Boughton, Jane Monnich and Dave Webber into the NBA Hall of Fame on August 6 in Lincoln during the 89th Annual NBA Convention. Monnich served with KLIN, Lincoln for 48 years. NBA says, “At a time when women were rarely heard on the air, Jane was soon [after joining the station] named KLIN’s afternoon news anchor. She moved to morning news in 1973 and in 1976 became KLIN’s morning show co-host with Ron Dean, forming Lincoln’s first male-female radio show. Jane’s passion was always news and over the more than four decades of reporting and anchoring that followed, Jane became known as THE voice of KLIN news. Jane retired from KLIN in 2020.”

SiriusXM NFL Radio will provide listeners nationwide with coverage of the annual NFL Scouting Combine next week with live programming originating from Indianapolis. SiriusXM NFL Radio hosts in Indianapolis will include former NFL front office executive Pat Kirwan, former NFL coach Charlie Weis, Pittsburgh Steelers WR Allen Robinson II, former NFL players Charles Davis, Jim Miller, Kirk Morrison and Solomon Wilcots, as well as veteran broadcaster Bruce Murray.

Industry News

SiriusXM and RealClearPolitics Partner for New Show

SiriusXM announces a new weeknight political program produced in collaboration with the independent,im non-partisan media company, RealClearPolitics. The “RealClearPolitics” show premieres on February 26, airing nightly from 6:00 pm to 7:00 pm ET on SiriusXM’s P.O.T.U.S. channel 124. RealClear Media Group chief content officer Andrew Walworth hosts the show along with co-hosts Carl Cannon and Tom Bevan.

Industry News

Bob Edwards Dies at 76

Longtime NPR and SiriusXM radio host Bob Edwards passed away on Saturday (2/10) at 76. Edwards was the host of NPR’s “Morning Edition” for almost 25 years and his firing from the position in 2004 caused a stir with the program’s faithful listeners. He was the first host of the program that launched in 1979. Edwards would sign on with SiriusXM to host an eponymous program that would continue through 2015. See the Washington Post obituary here.

Industry News

Edison Research: Radio Grabs 36% of Americans’ Audio Listening

According to data from Edison Research’s Q4 2023 Share of Ear study, Americans 13+ spend 36% of their audio consumption listening to AM/FM radio. Edison says, “AM/FM radio continues to make up theim largest share of listening, accounting for more than one-third of daily time with audio among those age 13+. The vast majority of that listening (31%) is to AM/FM over-the-air signals.” (The other 5% comes from radio streams.) Behind AM/FM in listening is streaming music (20%), YouTube (14%), podcasts (11%), SiriusXM (8%), owned music (4%), TV music channels (3%), audiobooks (3%) and other (1%).

Industry Views

Monday Memo: Calculating Taylor Swift

By Holland Cooke
Consultant

imNow that every single thing is a political argument, the angry social media conversation about Taylor Swift is unsurprising. And with the Super Bowl looming, the decibel level amps-up.

So, kudos to SiriusXM and CNN host Michael Smerconish. I’ve previously cited him here as technique worth emulating when it comes to:

– Polling the audience on an ongoing basis (a sponsored feature on smart radio stations)
– Leveraging social media to give audience ownership of the show; and
– Genuine curiosity. His centrist approach earns him scorn from both sides in this Cold Civil War we’re living through. I can relate. When I managed WTOP, Washington, the quickest way to make the phone explode was to announce a crowd estimate for an abortion rally. Both sides jammed the lines to damn the number.

This preposterous Swift kerfuffle had been all heat until Smerconish shed light on it this past weekend. Noting rumors shared by FOX News that she would photobomb the Super Bowl with a Joe Biden endorsement, his poll question was “Could Taylor Swift determine the outcome of the presidential election?”

im

Just now, you answered that question in your own mind. But – for our purposes – the more useful approach is to consider information Smerconish curated unfiltered by personal politics:

– Swift has 279 million Instagram followers
– She has (so far) sold 4.35 million pricey tickets for The Eras Tour. Its “record-shattering revenue” (so far) is $1 billion+
– $200 million (so far) in tour merchandise. Her gray $45 T-shirt is now sold-out in all but 3XL and 4XL.
– 26 billion+ Spotify streams in 2023.
– SSRS polling: 59% of USA adults identify as Swift fans, 63% of women; and her fans are evenly divided 50/50 between Democrat or Dem-leaning and Republican or GOP-leaning.
– On her urging, several hundred thousand Americans younger than 25 have registered to vote.

Add it all up? “Taylor knows your social media interactions, where you saw her on tour, how much merch’ you’ve bought from her website, she knows the size of your T-shirt, the number of downloads you’ve made. We’re embarking on an election cycle which will be (a) the most expensive in history, and (b) will see much of the money spent on ‘micro-targeting,’ the use of online data to tailor – pun intended – advertising messages to individuals based on the identification of recipients’ personal vulnerabilities and interests. In order to target effectively, data is essential. And Taylor’s got lots and lots of it, and on a demographic that is exactly what the Biden team needs the most: disproportionally female, young, and passionate. With truly the touch of a button Taylor Swift is uniquely situated to use the data at her disposal to impact the presidential race.”

Leave it to your nerdy consultant to ask: Are WE using OUR listener data to OUR benefit?

Bigger-picture issues:

– Privacy: We have all volunteered LOTS of information about ourselves. Look what pops up in your email and your social media.
– Vulnerability of the Electoral vote process: The last two Republican presidents took office after losing the popular vote. Taylor Swift is my coastal Rhode Island neighbor, and if she votes here, neither of us matter. Our state has four electoral votes. Just 40 thousand-some popular votes in three key states gave Biden his 2020 win.
– Tone: The measurable appeal of Swift’s sunny disposition vs. “I am your retribution.”

Good for us. News/talk radio is in the suspense business. “What JUST happened??? What happens NEXT???” So, we should wish Nikki Haley well.

Inquisitive Smerconish sounds like dispassionate Mr. Spock: “What [Swift detractors on the right] should be worried about is her data.”

Holland Cooke (HollandCooke.com) is a consultant working at the intersection of broadcasting and the Internet. He is the author of “Close Like Crazy: Local Direct Leads, Pitches & Specs That Earned the Benjamins” and “Confidential: Negotiation Checklist for Weekend Talk Radio.” Follow HC on Twitter @HollandCooke and connect on LinkedIn.

Industry News

Industry and Nation Mourn Death of Joe Madison

Talk radio host Joe Madison – also known for much of his career as The Black Eagle – died on Thursday (2/1) at 74 after a battle with cancer. His family released the following statement: “It is with a heavy heart that we announce the passing of our beloved husband and father, Joe Madison. He passed away peacefully at home surrounded by family. Joe dedicated his life to fighting for all those who are undervalued, underestimated, and marginalized. On air he often posed the question, ‘What are you going to do about it?’ Although he is no longer with us, we hope you will join us in answering that call by continuing to be proactive in the fight against injustice. The outpouring of prayers and support over the last few months lifted Joe’s spirits and strengthened us as a family. We continue to ask for privacy as we gather together to support each other through this difficult time.” Madison had been hosting the morning drive program on SiriusXM’s Urban View channel since 2008. Before he went into radio, Madison had become the youngest Detroit NAACP chapter leader at 24 years old. While Madison dabbled in radio while at Washington University in St. Louis, he first worked in commercial radio at Detroit’s WXYZ. From there he hosted a show on WWDB-FM, Philadelphia before moving to Washington, DC for a long stint at WWRC. He moved across town to Radio One-owned WOL, Washington where he hosted the afternoon drive show and served as program director. At this time, Radio One began syndicating his show nationally and it was simultaneously added to the lineup at SiriusXM. TALKERS founder Michael Harrison issued the following statement: “Joe Madison was one of the greatest of the greats among radio talk show hosts of the modern era. He transcended the role of ‘talent’ to rise among the ranks of America’s most influential civil rights thought leaders. His devoted following crossed the boundaries of race, age, gender, and politics. During his illustrious career, in addition to receiving countless awards in the fields of broadcasting and activism, he was a recipient of TALKERS magazine’s two most important honors, the Freedom of Speech Award and the Humanitarian of the Year Award. I am humbled to have had the privilege of this great man’s friendship for more than three decades and will treasure his inspiring memory for the rest of my days.”

Industry News

SiriusXM Reports Q4 and 2023 Full Year Financials

Satellite and digital broadcaster SiriusXM reports its operating results for the fourth quarter of 2023 and the full year of 2023. For Q4, the company reports total revenue was basically flat at $2.28 billion compared to the same period in 2022. For the full year of 2023, total revenue was $8.9 billion, down just a half percent from the full year of 2022. For Q4, SiriusXM reports net income of $350 million, a decline of 3.5% from Q4 of 2022. For the full year of 2023, net income was $1.25 billion, up 3.7% over the netim income of $1.21 billion reported for the full year of 2022. The company says, “SiriusXM added approximately 131,000 new self-pay subscribers in the fourth quarter of 2023. For the full-year 2023, self-pay subscribers decreased by 445,000 and we ended 2023 with approximately 34 million total subscribers.” SiriusXM CEO Jennifer Witz comments, “In 2023, SiriusXM laid the groundwork for future growth through the successful launch of our next-generation platform and the new SiriusXM app. Our commitment to growth was also demonstrated by strategic content investments that expanded our reach to new listeners and by staying true to our identity as a hub for curated, live and on-demand audio experiences. As we look to 2024, our guidance reflects substantial efforts and investments to enhance the value proposition of our subscription and advertising businesses, which we believe will strengthen our long-term growth profile.”

Industry News

TALKERS News Notes

iHeartPodcasts debuts episode two of “Finding Matt Drudge,” a limited series podcast hosted by longtime political journalist Chris Moody, who sets out to uncover the mysteries surrounding the Internet’s most enigmatic media mogul. The new investigative audio series will delve deep into the life and career of Matt Drudge, the reclusive figure and founder of The Drudge Report, with the ultimate goal of convincing Drudge to sit down for his first interview in years. Moody says, “Matt Drudge pushed the news industry into the Internet age and his site has remained relevant and engaging for decades. But he hasn’t given an interview in years. We’d like to hear his thoughts on his career, the media, politics and the state of the world. Drudge matters, and we’re interested in what he has to say. Call us, Matt!”

FOX Sports Radio, a division of Premiere Sports Network announces its plans to broadcast live from Las Vegas during Super Week. A number of the network’s programs will broadcast from Las Vegas all week long including “The Dan Patrick Show” from Fontainebleau Las Vegas and several other shows broadcasting from Radio Row at the Mandalay Bay Convention Center.

SiriusXM announces that subscribers will get access to full coverage of the 2024 NHL All-Star Weekend beginning today through Saturday (2/1-3) as SXM broadcasts from Scotiabank Arena in Toronto on the SiriusXM NHL Network Radio channel.