Tag: "Z104.5 The Edge"
Clear Channel Posts 2% Revenue Increase in Q2. That’s for the Media and Entertainment division – the radio stations, Premiere Networks and Total Traffic Network – on revenue of $805.6 million for the second quarter of 2013 compared to the same period a year ago. During yesterday’s investors’ conference call, chairman and CEO Bob Pittman spoke positively about the growth of iHeartRadio and SVP of investor relations Gregory Lundberg noted that it has 34 million registered users and that represents growth of 162% year-over-year. Regarding the makeup of the company’s revenue, he stated, “National sales for the stations grew 5%, with local up 1%. Excluding the impact of political advertising, in both quarters, national sales rose 7% and local was up 2%. Our strongest performing ad categories remained financial services, retail and telecom. Digital sales continue to grow in the double digits as we monetize our station’s online presence and keep growing iHeartRadio, where total listening hours were up to 36% in the second quarter. We also saw good year-over-year growth at Premiere Networks. Partially offsetting this growth rate were revenue declines in the traffic business from lost contracts and from lower sales resulting from integration activities. Operating expenses increased $42 million or 9%, reflecting a $21 million expense credit from one of our performance rights organizations, which we received in the second quarter of last year.” He stated pacing for the third quarter for the stations was up 3% and up 1% for the division as a whole. Thanks to Seeking Alpha for the transcript. Members can read it all here.
Clear Channel Sells Its SiriusXM Interests for $135.5 Million. Way back in 1999 when XM Radio was gearing up its operations, Clear Channel was an initial investor putting in $83.1 million and getting the right to program some of the satcaster’s music and talk channels. Now, CC sells its interest in the company for $135.5 million – the value of the stock – and that means most of the CC-programmed content will disappear from the XM Radio platform. That’ll include some of the company’s music FMs such as hip hop WGCI, Chicago; country signal WSIX, Nashville and hot AC WLIT, Chicago. But two of the CC-radio channels are expected to stay on the XM platform – WHTZ, New York and KIIS, Los Angeles. It also means the talk radio channel on the XM platform will see talent like Glenn Beck, Bob & Tom, Todd Schnitt as well as Fox Sports Radio programming go away.
The Power of the Local Disc Jockey. At his recent keynote address delivered at the Conclave in Minneapolis (7/16), RadioInfo publisher Michael Harrison made an impassioned plea for the powers-that-be in music radio to take back “ownership” of the music culture (which he claims they have long relinquished) the same way talk radio has taken ownership of the political and sports cultures in America (and have certainly NOT relinquished). The full 40-minute speech will be posted on RadioInfoTV this coming Monday. However, for a rousing 2:48 clip of the speech’s finale, please click here.
Kidd Kraddick Show Returns Live Monday. According to Culture Map Dallas, syndicator YEA Networks is not sure in what incarnation but after a week of best-of programs, at least some of the Kidd Kraddick show cast will be on the air live on August 5, a little more than a week after Kraddick died suddenly in New Orleans while attending a golf outing fundraiser. The KHKS, Dallas-based program, syndicated to about 75 other markets, also featured cast members Kellie Rasberry, “Big Al” Mack, Jose “J-Si” Chavez and Jenna Owens. Meanwhile, local Dallas couple Alberto and Jessica Flores has started a Facebook page to support continuation of the program and an accompanying petition with some 47,000 signatures on it with the intended goal of keeping the program alive.
Arbitron Reports Q2 Revenue Rises 2.9%. As it prepares to be acquired by ratings giant Nielsen, Arbitron issues its 2013 second quarter financial reports and states that on revenue of $107.4 million dollars it is reporting net revenue of $7.1 million or $0.26 per share. The cost of the potential Nielsen deal ate into the company’s earnings before interest and income tax expense (EBIT) as it shelled out $6.1 million during the quarter in preparation for the acquisition. President and CEO Sean Creamer states, “In the second quarter, we maintained focus on our long-term priorities: investing in and growing our core radio services, evaluating and implementing quality initiatives to enhance the value and utility of our offerings, and exploring emerging opportunities with an emphasis on those that allow us to highlight the power and advantages of radio. As the media and advertising marketplaces continue to evolve and new technologies permit consumers to consume content virtually anytime and anywhere, it is important we keep pace with these changes to ensure radio gets full credit for its audience – regardless of the delivery platform. Radio is growing and vibrant – and we are committed to helping the radio industry tell and validate its complete and compelling story.”
The Job of the Program Director in Five Years. According to noted consultant and RadioInfo columnist Walter Sabo, if you want to know which way the job of PD is heading in radio, just take a look at what has happened to the same titled position at television stations. In a new column posted today (8/2) Sabo writes “As more on-air content decisions are made at the corporate level and delivered from a central source, the program director job will morph to meet the demands of the tasks that must be completed. Smart companies will evolve the position to one that has been desperately needed: ’Program and Public Relations Director.’” Sabo goes on to list other combinations of tasks and responsibilities that will be added to the title “Program Director” on the radio station level. To read his entire column, please click here.
Missy Robinson Comments on “Bring Back the Disc Jockey.” The daughter of legendary radio broadcaster and educator Dick Robinson contributes her reaction to the recent RadioInfo column “Bring Back the Disc Jockey” written by publication music editor Duane Doobie. Speaking on behalf of the Robinson Family and the Connecticut School of Broadcasting, VP/national director Missy Robinson writes: “Right on Duane! I read your recent article on RadioInfo.com and felt compelled to write and let you know not only how great it was to see this article but how much it hits home with me on so many levels. My father, Dick Robinson, founder and chairman of Connecticut School of Broadcasting, began the schools knowing the power of the disc jockey and that continues to hold true as we enter our 50th year of Connecticut School of Broadcasting!” She adds, ”It’s ironic that your article mentioned WRCH (Dean Richards is a grad of our school) and WDRC in Hartford — Dick was a jock at WDRC and went on to be its VP/GM. Continued on to own WRCH and now, just a few months ago, bought a new FM frequency (100.3) in West Palm Beach, FL. Not bad for a guy celebrating 60 years in broadcasting — Dick will keep the disc jockey alive – it’s the foundation of who he is! Kudos to you and kudos to Michael Harrison for uttering the words ‘bring back the disc jockey.” We happen to love those words too and believe in their power.”
Cumulus Bids Adieu to WEBE 108’s Storm N Norman; Welcomes Robby Bridges as PD and Morning Anchor. Storm N Norman was one of WEBE, Westport, Connecticut’s original hosts when the station debuted in 1984 and the company says he “has become a friendly radio fixture in Fairfield and New Haven counties by keeping listeners in the know on everything from pop culture to local events and on top of Connecticut traffic and weather each day.” After a 40-year broadcast career Storm N Norman is retiring from the “WEBE Wake-Up Morning Show” on August 3. WEBE operations manager Danny Lyons comments, “In the 30 years I’ve worked with Norm, it’s amazing, everywhere you go with him he meets people who seem to be old friends or say they went to high school with him in Norwalk! His family at WEBE loves him just the same and while we will miss him in the halls and on our air we are happy to see him enjoy the next chapter of his life.” WEBE welcomes back Robby Bridges as program director and morning host effective August 5. Bridges joined Cumulus in 2008 as WEBE’s afternoon host, rising to APD before heading south in December 2011 as PD of WFAS, Westchester while also hosting weekends/swing on WPLJ, New York and Cumulus Media Network‘s True Oldies Channel. Bridges states, “It just feels great to come home and join the WEBE 108 world-class team once again. I’m very excited to work closely with our OM Danny Lyons and to do big things for our listeners on air, online and all over WEBE-Land! We are going to have some fun each morning; and to stand beside Danny as only the third PD in WEBE’s 30-year history of ratings and revenue success is an incredible honor. I want to also thank our VP/market manager Ann McManus, our COO John Dickey and SVP/programming Mike McVay for their votes of confidence.”
Josh Venable Named PD at Alternative ‘Z104.5 The Edge’ in Tulsa. Stephens Media recently acquired alternative rock KMYZ, Tulsa from Shamrock Communications and now the company names Josh Venable – most recently with Clear Channel programming KDGE, Dallas – to serve as PD and host afternoons at “Z104.5 The Edge.” Stephens Media Group national PD Bob Thornton states, “When we interviewed Josh, we realized he would be a great fit with the direction we want to take this radio station. He understands the music, the audience and how to serve our listeners and clients.” Venable, who takes over for former PD Paul Kriegler, has also worked at KYSR, Los Angeles during his career.
‘Froggy 99.9’ Fargo Morning Team ‘Jesse and Amanda with Pike’ Exits; Promises Return Soon. With the exchange of country KVOX moving from James Ingstad’s Radio Fargo to Midwest Communications for crosstown country KBVB “Bob 95” closing, the KVOX morning show of “Jesse and Amanda with Pike” (James Halvorson, Amanda Lea and Taylor Peterson, respectively) exits “Froggy 99.9” but the trio tell The Forum of Fargo-Moorhead they will return to the air on the market soon – but not at KBVB. Stay tuned.
More RadioInfo Career Moves. Former Cox Media Group country programmer and KCYY, San Antonio PD and personality Randy Chase joins Educational Media Foundation as program director for its Christian CHR AIR1 Network. He takes over for Paul Goldsmith who recently exited…..Kevin Cruise is out at Clear Channel’s alternative WRDA, Atlanta “Radio 105.7” in what’s being described as a budget move. Cruise served as assistant program director and evening personality…..Corinne Kimball joins Journal Broadcast Group’s hip hop WKHT, Knoxville “Hot 104.5” as music director and night jock. She most recently worked at CBS Radio’s CHR WODS, Boston “103.3 AMP Radio.”…..Jason Addams exits the operations manager position at Capital Radio Group’s Springfield, Illinois five-station cluster where he was also program director and morning drive co-host at CHR WDBR.
Michael Harrison to Speak at NAB Radio Show. In what promises to be a riveting and inspirational hour, TALKERS and RadioInfo publisher Michael Harrison will address the forthcoming NAB Radio Show in Orlando (September 18-20) on “Radio’s Evolving Role in Popular Culture.” Harrison, fresh off a rousing keynote speech at the Conclave, will further elaborate on the theme of the challenges facing radio in its quest to remain societally iconic in the digital age of the 21st century at a specially scheduled Info-Session sponsored by TALKERS. Harrison says that for radio to remain competitive with all the emerging “exotic” competition of this “wildly new era,” it must maintain “ownership” of the scenes it addresses whether they are music, politics, news, sports or any other expression of the human condition. He says radio should maintain a foreground, active position that protects it from being marginalized as a passive delivery system and discusses options and opportunities to carry out the mission. (To see a brief clip of Michael Harrison’s Conclave keynote speech addressing these subjects please click here. The full speech will be posted to both RadioInfoTV and TalkersTV shortly, stay tuned.) Consultant Holland Cooke introduces this popular annual NAB Radio Show session featuring the venerable programmer, air personality, entrepreneur and trade magazine publisher who has been accurately describing radio and popular media’s road ahead for the past 45 years. The Info-Session is scheduled on Thursday, September 19 between 1:30 pm and 2:30 pm and is open to all attendees of the NAB Radio Show.
Envision Radio Networks and WRIF, Detroit Personality Steve Black Publishes Autobiography. WRIF, Detroit weekend personality and Envision Radio Networks show host and producer Steve Black pens an autobiography titled From Black to Light that chronicles his true life story of love, adventure, music, cancer, death, despair, tragedy and triumph while interacting with rock ‘n’ roll royalty. A release about the book states, “Steve and Sabrina Black have spent a combined 40 years on the radio, mainly in Detroit. Sabrina was diagnosed with cancer on the way to their wedding in Hawaii in 2000 and passed away six years later. Together they fought a very public, heart-wrenching battle with the disease, its financial wreckage, stress, pain and ultimately death. During Sabrina’s illness, Steve found a way to take care of his wife and work from home by creating “The Chop Shop Guitar Show,” a syndicated radio show with his partners at Envision Radio Networks. Based on the success of his new career path, Black has expanded his rock programming arsenal to include “The Chop Shop Classic,” “Classic Rock Live with Pierre Robert” and “The Core with Meltdown” — all part of the Envision Rock Network. Steve Black says, “From Black to Light is a very human story, one that could have happened to anyone of us. It’s a story about following your dreams, learning to love, dealing with loss and depression, and learning how to live all over again. What makes the story unique is the way it plays out, forever entwined with a wild cast of rock ‘n’ roll icons.”
Radiate Media Promotes Ivan Shulman to President. Seven months after joining Radiate Media as executive vice president of sales and chief revenue officer, the company promotes Ivan Shulman to president. CEO Chris Rothey states, “Ivan has a deep background in sales, marketing and media, and his leadership experience makes him a great fit for us. Since joining us in November of 2012, we have experienced quarter-over-quarter revenue growth, including the launch of Radiate360 – our integrated marketing platform to drive hyper-local business. Ivan will continue to lead that initiative as well as overseeing the day-to -day activities of our broadcast radio, TV and digital lines of business.” The company is bullish on its new product Radiate360 which it describes as “an easy-to-use, online platform that empowers businesses to expand their reach and connect with their customers. With Radiate360’s revolutionary suite of tools, businesses can establish an online presence, engage customers through social and mobile media, and promote to the local audience that matters most.” Shulman says of his promotion, “I joined Radiate because I was excited about future opportunities. Our growth on both the broadcast and digital side has been phenomenal and I look forward to working with broadcasters to help bridge the gap between digital and traditional media.”
Cool Job Opportunity. Radio Express, Inc., an internationally focused radio production/syndication company based in Los Angeles, is seeking a dynamic radio producer for a new, weekly, Anglophone-focused, African hip-hop/pop and American pop/R&B music chart show, to be broadcast throughout East, West and Central Africa. For consideration, please send your resume and cover letter to: firstname.lastname@example.org<mailto:email@example.com>