Thursday, February 21, 2013

| February 21, 2013

radioonelogoRadio One’s Stations Division Up 11% in 2012 Q4.  Radio One reported its Q4 numbers and the radio division – excluding Reach Media – was up 11% on revenue of $60.2 million compared to the same period a year ago.  Company CFO Peter Thompson reports, “Reach Media had net revenues of $8.3 million in the quarter, which was down 20.9% year-to-year, while Reach event revenue was up for the quarter, the decline was due to the change in the affiliation agreement between Reach Media and Radio One, at January 1, 2012 and a decline in radio advertising revenue.  The Interactive division had net revenues of $5.2 million, up 7.7% year-to-year.  Our four largest radio clusters performed as follows, Houston net revenue, was up 4.6%, Washington, DC was up 37.8%, Atlanta was up 7.4% and Baltimore was up 11.2% year-over-year.  Our Indianapolis, Detroit, Cleveland, Dallas, Cincinnati, Columbus, Richmond, St. Louis, and Charlotte clusters all posted revenue growth year-over-year.  While our Philadelphia and Raleigh clusters posted net revenue decline over last year.”  It’s worth noting that Radio One took in $5.9 ligginsalfredmillion in political advertising in Q4 — $9.1 million for the whole year – and that figure represents its highest political ad total in company history.  The good news for Radio One is that if you remove political from the mix, the company was still up 2.9% for the fourth quarter.  Looking ahead to the rest of this year, CEO Alfred Liggins III told analysts during the conference call, “I feel good about it.  We’ve come through hell like everybody else in the radio business.  And I think we are more in tune to what our assets are doing, what our human capital is, our strengths, our weaknesses, our clients, our programming now than we’ve ever been in the radio business.  And we’re also more realistic as to what we think the market is going to do for us and we’re running our business accordingly.  So, I think even in a flat-to-down market, we’re going to grow our cash flow this year, and that was our goal last year.”

nashbashsheltonNash Bash Fills New York’s Roseland Ballroom.  Cumulus Media’s “Nash Bash” – a three-night country music concert series designed to promote the company’s new Big Apple country outlet – wrapped up last night.  Pictured here is country artist Blake Shelton performing at Monday evening’s concert.  Tickets to the concert series were only available by listening to WNSH “Nash FM 94.7.”  Cumulus reports it drew about 3,000 country music fans to the venue each evening.

abramskrisKris Abrams Named OM at Cumulus Albuquerque.  Programmer Kris Abrams is the new operations manager at Cumulus Media’s Albuquerque cluster where he’ll also be the program director for country KRST and adult variety KDFR.  As part of his duties he’ll also oversee AC KMGA and CHR KKOB-FM.  Market manager Jim Christoferson says “As a third-generation broadcaster, Kris Abrams is a winner on every level.  His previous enormously successful six-year run at these iconic brands in Albuquerque, combined with a proven track record of innovation and leadership, make him the perfect programming partner to lead our FM stations to new levels of revenue and share.”  Abrams adds, “I could not be more excited about returning to the familiar faces of Cumulus/Albuquerque.  These are great brands with heritage personalities.  I look forward to grabbing a Carne Adovada burrito and partnering with VP/market manager Jim Christoferson, both SVP/programming Mike McVay and Jan Jeffries and the entire Cumulus team.”

More RadioInfo Career Moves.  Kristin Foley moves up from her sales manager position to vice president of sales at Clear Channel Media and Entertainment’s Cleveland cluster.  In this new role, Foley will be responsible for the sales efforts at the six-station cluster.  Most recently she’s been focusing on three of the Cleveland stations: rock WMMS, CHR WAKS, and alternative 99X…..Baltazar exits the morning show at CBS Radio’s hot AC KZZO, Sacramento “100.5 Now FM.”  Nina Hajian remains with the station co-hosting the morning show for the time being…..Nick Russo, who serves as PM drive personality and music director at Border Media Partners’ CHR KTFM, San Antonio is upped to assistant program director and music director…..Dawn Marie joins Gamma Broadcasting’s country WSIG, Harrisonburg, Virginia “Real Country 96.6” where she’s serving as AM drive co-host alongside operations manager Jonathan “JR” Ruppel.

SXSW 2013Clear Channel’s and iHeartRadio to Host SXSW Showcase.  Clear Channel will have a presence at this year’s SXSW in Austin via its iHeartRadio which will host an all-star “SXSW Showcase” featuring live performances by Macklemore & Ryan Lewis, Tegan and Sara, Atlas Genius and Josh Baze at The Main, located in the heart of downtown Austin.  Clear Channel will also host an official panel titled, “Navigating the Waters of Radio to Your Benefit,” which will discuss the social relevance of radio and its importance to music discovery.  The panel will be moderated by CC president of national programming platforms Tom Poleman and will feature record producer and songwriter RedOne; Entercom president and CEO David Field; Glassnote Entertainment Group president and CEO Daniel Glass; and Warner Music Group SVP of promotions Peter Gray.

sabowalterRadio Station Staffers Pre-Occupied with Job Security. This gets in the way of paying attention to important trends and information vital to competing and growing successfully during these times of rapid technological and cultural change.  Noted consultant Walter Sabo makes this key point in his latest article for RadioInfo in which he cites five significant trends of importance to radio broadcasters.  They include the importance of video to radio online and sales presentations, the radio host as owner of intellectual property, the still-untapped female market in spoken word radio, and the emergence of the listener as a media star.  Sabo suggests not asking listeners to “like” you on Facebook or “follow” you on Twitter.  Instead, he says you should be offering to like and follow them! Read the entire article here.

kinosianmikeRatings Reset: Part 2.  The RadioInfo analysis of Arbitron’s January 2013 PPM data continues as managing editor and West Coast bureau chief Mike Kinosian dissects the information to report on stations that gained or lost one share or more compared to the Holiday 2012 PPM data.  Kinosian writes, “Unlike what we witnessed with data released earlier this week from 24 other PPM markets, there are more gainers of one-share or better (57% compared to 47% in the other 24 markets) than stations losing one or more shares survey period-to-survey period (43% compared to 53% in the other 24 markets).”  See part 2 of the Ratings Reset piece here.

Arbitron January 2013 PPMs Continue to Roll Out.  Arbitron releases more PPM data from January 2013 which includes the following markets: Charlotte, Cincinnati, Cleveland, Columbus, Kansas City, Las Vegas, Orlando, Pittsburgh, Portland, Sacramento, Salt Lake City, and San Antonio.  See that data here.

cookehollandHolland Cooke to Speak About Social Media at NAB Show in Las Vegas.  Consultant and RadioInfo columnist Holland Cooke confirms: “Take it literally!  We’ll FEED YOU” at the Lunchtime Social — as in Social Media — Wednesday, April 10, at the National Association of Broadcasters NAB Show convention in Las Vegas.  NAB will provide box lunches to attendees at this interactive 90-minute session, where HC will demonstrate how radio stations and radio and netcast talent are using Social Media “to grow audience reach, deepen the relationship you have with ‘your tribe,’ and MAKE MONEY.”  For more information, click click here.

backusdonDon Backus Named Eastern Region Sales Manager for Broadcast Electronics.  Broadcast Electronics (BE) announces the promotion of Don Backus to Eastern Region sales manager.  In this new role he’ll represent BE’s RF and studio lines, which include AudioVAULT, Commotion and The Radio Experience (TRE) studio brands as well as BE’s AM, FM and HD Radio™ transmitter lines to customers in the East.  Previously, Backus represented Commotion, a Broadcast Electronics company, as vice president of global market development.  Backus will continue his efforts with Commotion, increasing the company’s presence in new global markets.  BE VP of studio products Ray Miklius says, “Don’s education, experience, and extensive knowledge of the radio industry will serve radio broadcasters well as they look to improve their operations.”

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