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Wednesday, May 8, 2024

Despite Revenue Decline During 3Q, Fox Shows Profit

 


Fox Corporation managed to swing to a profit in its fiscal third quarter, even though it faced challenges due to a slump in advertising revenue. The owner of Fox News Channel and the Fox broadcasting network said overall revenue fell to about $3.45 billion, compared to approximately $4.08 billion in the year-earlier period.

Here are the key points:

Revenue Comparison: Overall revenue fell to approximately $3.45 billion, compared to around $4.08 billion in the same period last year. The decline was partly due to the absence of last year’s Super Bowl broadcast.

Legal Setback and Boost in Affiliate Fees: Fox benefited from the lack of charges associated with a massive legal setback tied to Fox News Channel. Additionally, affiliate fees provided a boost.

Dominion Voting Systems Settlement:  In the previous quarter, Fox faced a significant loss of over $50 million due to a settlement of more than $787 million with Dominion Voting Systems. This settlement wiped out profit but did not recur in the current quarter.

Profit and Adjusted Earnings: Fox swung to a profit of $704 million in the most recent quarter. Adjusted earnings per share came to $1.09.

Advertising Revenue Decline: Ad revenue fell year over year due to the absence of the Super Bowl. Advertising revenues slipped to $939 million, compared with $1.56 billion reported in the year-earlier period.

NPR CEO Katherine Maher Ghosting House Hearing


National Public Radio (NPR) Chief Katherine Maher has declined an invitation to appear before the House Committee on Energy and Commerce amid a bias scandal. 

A spokesperson for NPR confirmed to Fox News Digital that Maher would not be appearing as requested before the House Committee on Energy and Commerce, citing an all-day meeting with the organization's board of directors. 

Here are the key details:

Invitation Declined: Maher will not abide by the committee’s request to appear on Wednesday. NPR confirmed that Maher cited an all-day meeting with the organization’s board of directors as the reason for her absence12.

Board Meeting Importance: The board of directors meeting was previously scheduled and publicly posted. Maher, who has been CEO for only six weeks, considers this meeting crucial for reviewing challenges and opportunities facing NPR1.

Written Testimony: Although Maher won’t appear in person, she will provide written testimony to the committee1.

Committee Concerns: The House Energy & Commerce Committee is probing NPR and its leadership. Chairwoman Cathy McMorris Rodgers expressed concerns about NPR’s direction under past and present leadership1.

Republican Scrutiny: Republicans have scrutinized NPR following a scathing essay by a former senior editor. Maher has defended herself, arguing that critics took her past statements out of context.

Beasley Reports Revenue Dropped 5.9 Percent During 1Q


Beasley Broadcast Group, Inc. today announced operating results for the three-month period ended March 31, 2024.

Net revenue during the three months ended March 31, 2024 decreased 5.9% to $54.4 million, primarily reflecting a year-over-year decline in audio advertising and other revenue due to Beasley’s Wilmington station and esports divestitures as well as ongoing softness in the commercial advertising business, partially offset by growth in digital and political advertising revenue.


Beasley reported an operating loss of $1.1 million in the first quarter of 2024 compared to operating income of $0.4 million in the first quarter of 2023, largely reflecting the year-over-year decrease in net revenue.

Beasley reported net income of approximately $8,000, or $0.00 per diluted share, in the three months ended March 31, 2024, compared to a net loss of $3.5 million, or $0.12 per diluted share, in the three months ended March 31, 2023. The year-over-year improvement was primarily due to the $6.0 million gain on sale of an investment in Broadcast Music, Inc. holdings and lower interest expense.

Adjusted EBITDA (a non-GAAP financial measure) was $0.7 million in the first quarter of 2024 compared to $2.6 million in the first quarter of 2023. The year-over-year decrease is primarily attributable to lower net revenue compared to the prior year period.

Caroline Beasley
Commenting on the financial results, Caroline Beasley, Chief Executive Officer, said, “Beasley continues to advance our core initiatives, which are focused on driving revenue and cash flow, including our digital transformation, revenue diversification and expense management initiatives. We expect digital to account for between 20% and 25% of total revenue in 2024, driven by the ongoing growth and success of our premium content creation and digital services. On the new business front, our dedicated sales teams are leveraging the tremendous audience reach and engagement of our platform to attract new advertisers.

“In summary, Beasley’s underlying fundamentals—mainly, our local audio and digital platforms and audience engagement—remain strong. We are proud of our teams’ steadfast commitment to delivering exceptional content and services to our listeners, advertisers, online users and sports fans, and remain confident that the actions we are taking to transform our company and strengthen our balance sheet, are laying the foundation for future growth and success.”

First Quarter 2024 Highlights

  • Revenue from new customers grew 53% year over year
  • Generated $548,000 in political revenue
  • Local revenue, including digital packages sold locally, accounted for 69% of Total Revenue
  • Digital revenue grew 10% year-over-year, or 20% year-over-year on a same station basis, to $11,000,000
  • Digital revenue accounted for 20% of total company revenue
  • 38% of our total audience listens via the company’s digital platforms

The Media Layoffs Just Won't Stop


In Boston...The Herald reports Country WKLB 102.5 DJ Jackson Blue, who has been a longtime staple on Boston radio stations, announced he was being let go by Beasley Media Group amid a rash of layoffs on Tuesday.

“So what’s going on? I just got fired,” Blue said in a social media video to his listeners. “People always told me forever: You’ve never made it in radio until you get fired for the first time — which means I finally have made it, you know, after being in Boston radio for 20-something years,” he said.

Jaybeau Jones
105.7 WROR’s Jaybeau Jones also announced that he was one of the Beasley employees being laid off. “It’s one of those hard days in radio where we are seeing friends let go. Well, today I am one of those friends,” Jones posted on social media. “After a wonderful 10 year run at WROR in Boston, ranking #2 adults I was part of the 7% and let go.

“I am happy to say I won’t be far away as you can hear me tonight and every night on SiriusXM 70s on 7,” he wrote, adding, “I will be looking for another fun opportunity to complement 70’s on 7.”

Beasley Media Group is cutting 7% of its workforce across the entire company. “We are realigning our core business operations to reflect the current economic conditions in order to best serve the needs of our valued audiences, advertisers, and shareholders into the future,” the company said in a statement on Tuesday.

Blue spent almost a decade hosting nights at KISS 108 before making the jump to HOT 96.9, where he did afternoons for a couple of years. Blue in his video announcing the layoff said he would make another video thanking everybody he worked with. “There are so many people I love, and that’s what might make me cry right now,” he added as he started to tear up.

Blue said he does not have a job lined up after his sudden departure from Beasley.

These layoffs at Beasley Media Group come after Audacy recently emerged from bankruptcy. Then the radio conglomerate announced “difficult but necessary” cuts. That included WEEI Patriots reporter Mike Kadlick being laid off by the company right before the NFL Draft. Then last week, WBZ NewsRadio 1030’s Kim Tunnicliffe said she was let go from the iHeartMedia station. WBUR recently announced that Boston’s NPR station is laying off seven employees and 24 others are taking buyouts. The layoffs and buyouts come weeks after the station on Commonwealth Avenue warned of possible job cuts.

In Philadelphia, both the Inquirer and Beasley Media had layoffs on Tuesday.

The News Guild of Greater Philadelphia said it was 'disgusted and enraged' after the Philadelphia Inquirer on Tuesday laid off five unionized employees just months after 32 others accepted a buyout package to avoid a similar fate.

The Phill Business Journal reports Diane Mastrull, a longtime Inquirer reporter and editor who is president of Local 38010 of the Communications Workers of America, informed members of the layoffs on Tuesday, noting in a memo that the cuts come less than a week after the newspaper announced a desire to have employees work more days in the office in the spirit of “collaboration, inclusion, and sense of urgency about our work.”

She said the five affected Guild members include four newsroom employees — two photographers, a photo editor and a sportswriter. The fifth is in the Inquirer's customer support center.

 The Beasley Media cuts went deeper, and included the departure of The Best Show Ever? co-host and producer Jen Scordo. Scordo was a WXTU anchor before sliding over to 97.5 when Natalie Egenolf left. 

Another on-air Fanatic host, who has not publicly announced the news, was let go later in the day. 

In addition, a number of longtime producers and behind the scenes folks were also laid off, part of a company-wide initiative to reduce the work force by 7%. 

Sources told Crossing Broad the Philly cuts included on air, sales, marketing, and production employees spanning the entirety of the cluster, which includes the Fanatic, 93.3 WMMR, 102.9 WMGK, WXTU, and 95.7 BEN FM. This follows a 24-month period that saw Beasley let go of Jamie Lynch, Hunter Brody, Paul Jaxon, Charlie Maxx, Eric Camille, and other behind-the-scenes employees.

Fox News Channel Continues To Lead CableTV


During the week of April 29 - May 5, FOX News Channel (FNC) continued to lead cable news across all categories, while seeing week-over-week increases across primetime and total day. 

Additionally, FNC led all of cable with total day viewers for the 17th consecutive week and surpassed ESPN with primetime viewers. 

In primetime (8-11 PM/ET), FNC earned 2 million viewers and 211,000 A25-54, commanding all of cable news in all categories. In total day (6 AM-6 AM/ET), FNC posted 1.3 million viewers and 154,000 in the 25-54 demo, outpacing all of cable with viewers. 

Notably, the network posted 80 of the top 100 cable news telecasts for the week. Compared to the prior week, FNC was up 4% with both total day viewers and primetime viewers, while CNN was down 14% in total day and 23% in primetime and MSNBC was down 13% in total day and 17% in primetime. 

Additionally, FNC led CNN and MSNBC combined with primetime viewership. The Five averaged 3 million viewers and 282,000 in the 25-54 demo, making it the most-watched show in cable news. At 6 PM/ET, Special Report with Bret Baier drew 2 million viewers and 199,000 in the 25-54 demo. The Ingraham Angle at 7 PM/ET scored 2.1 million viewers and 221,000 in the 25-54 demo. At 8 PM/ET, Jesse Watters Primetime was the most-watched primetime program in cable news, delivering 2.7 million viewers and 259,000 in the 25-54 demo. At 9 PM/ET, Hannity posted 2.5 million viewers and 286,000 with A25-54. At 11 PM/ET, FOX News @ Night secured 1.2 million viewers and 192,000 in the 25-54 demo.

At 10 PM/ET, FNC’s late-night offering Gutfeld! averaged 2,236,000 viewers and 308,000 in the 25-54 demo, making it the most-watched cable news program in the younger demo. Gutfeld! topped all of the broadcast competition with viewers outpacing CBS’ The Late Show with Stephen Colbert (1,966,000 P2+), ABC’s Jimmy Kimmel Live! (1,491,000 P2+) and NBC’s The Tonight Show with Jimmy Fallon (1,302,000 P2+).

ABC's GMA Ranks No. One In Total Viewers


“Good Morning America” ranked No. 1 in Total Viewers (2.788 million) for the week of April 29, 2024, based on Live + Same Day Data from Nielsen Media Research.

“GMA” (2.788 million, 493,000 and 327,000, respectively) beat “CBS Mornings” (2.168 million, 424,000 and 296,000, respectively) across the board: Total Viewers (+620,000), Adults 25-54 (+69,000) and Adults 18-49 (+31,000). “GMA” led “CBS Mornings” in Total Viewers and Adults 25-54 in all 32 weeks of the season and for the last 1,320 weeks overall — since w/o 1/18/99.

Season to date, “GMA” (2.930 million) is ranking as the No. 1 morning newscast in Total Viewers for the 12th straight year — since the 2012-2013 season. “GMA” is leading NBC’s “Today” (2.794 million) by 136,000 and “CBS Mornings” (2.235 million) by 695,000.




Emmy® Award-winning “GMA,” featuring the anchor team of Robin Roberts, George Stephanopoulos, Michael Strahan and chief meteorologist Ginger Zee, airs live Monday-Friday (7:00-9:00 a.m. EDT) on ABC. Simone Swink is the executive producer.

Source: The Nielsen Company, NTI Total Viewers, Adults 25-54 and Adults 18-49 Live + SD Current Week (w/o 4/29/24), Previous Week (w/o 4/22/24) and Year-Ago Week (w/o 4/24/23). Most Current Data Stream: 2023-2024 Season (9/25/23–5/5/24) and 2022-2023 Season (9/19/22–4/30/23). Beginning 8/31/20, national ratings also include Out of Home (OOH) viewing. Averages based on regular telecasts.

ESPN Has Record-Setting Prime Time Audience


April was a record-setting month for ESPN, as the network delivered its best April prime time audience on record, dating back more than 30 years. ESPN averaged 2.1 million viewers each night (8 – 11 p.m. ET), up 42% from the same month in 2023 and topping every April dating back to at least 1992. Narrowing in on P18-49 demo, ESPN was up 33% year-over-year.

In the same month, ESPN’s total day audience was its highest in 12 years, dating back to 2012, as ESPN averaged 781,000 viewers in any given hour. The impressive figure was up 23%. In the same Persons 18-49 demo, ESPN for the month was up 11%.

During its record-setting month, ESPN led the industry in sports viewing, more than doubling the percentage of the second-place network.

“April’s record viewership speaks to the power of premier content and fierce competition,” said Rosalyn Durant, ESPN Executive Vice President of Programming and Acquisitions “From the ceiling-shattering NCAA Women’s Basketball Tournament to the NFL and WNBA Drafts, the NBA and NHL playoffs, and the MLB regular season, April was a sports fan’s dream.  The momentum continues in May, as we bring fans another month of must-see programming.”

ESPN’s strong April follows March, where the network was up year-over-year in primetime and total day. ESPN Digital was also No. 1 in the sports category for the 25th straight month.

Seattle Radio: Layoffs Force Line-Up Changes At KIRO, KTTH


Bonneville Seattle's KIRO Newsradio and AM 770 KTTH are adjusting their lineups following recent layoffs. Several reports indicate at least seven people have been laid off by the stations' owner, Bonneville International.

A notable change includes Shari Elliker's exit from KIRO's afternoon slot and Bryan Suits' departure from KTTH's morning show.

What are the changes at KIRO Radio?

At KIRO Newsradio 97.3 FM:  afternoon co-host Shari Elliker departed as afternoon co-host alongside John Curley. Elliker, who brought her expertise to KIRO in December 2021, boasts an illustrious career, including stints as a traffic reporter and host in Baltimore and Washington, D.C., on several radio and TV stations. Curley addressed the changes on the radio show Tuesday.

Taking her place will be Jake Skorheim, who moves from the nighttime slot to join Curley in the afternoons. The night show is being removed altogether and replaced with CBS’ John Batchelor Show, according to several media reports.

What are the changes at 770 KTTH? Over at Conservative Talk 770 KTTH, morning host Bryan Suits departs. Suits, a familiar voice in Seattle radio, previously held positions at 710 KIRO and 570 KVI before returning to KTTH in 2022.

The morning show is being replaced by the syndicated Armstrong & Getty show in the 6-9 a.m. timeslot.

Additionally, the cluster bids farewell to traffic reporter Nate Connors, who brought two decades of experience to KIRO. Connors' departure marks the end of an era for the Classic Rock 102.5 KZOK alum, who made his mark both as a host and producer.'

Just a week ago, KUOW announced $2 million in cuts, including laying off eight staffers and ending its RadioActive youth program, reports Fox 13.

Christian Radio Sues Over Disparity in Streaming Costs


The website for 99.1 KLJY JOY FM in St. Louis features a scrolling playlist of its lineup of Christian pop music and a “listen now” button to tune in to the simulcast broadcast. But visitors may find that after a few hours of streaming artists like Lauren Daigle and Brandon Lake, the site may kick listeners  off.

Because of higher royalty costs, many noncommercial religious broadcasters are choosing to either limit the number of online listeners they allow at a time or simply not promote their online platforms at all. A new lawsuit from some of these broadcasters, including many Christian stations, claims that their royalty rate, which exceeds what other stations pay, is effectively a form of religious discrimination.

“The government is charging religious broadcasters a significantly higher rate,” said Rory Gray, with the Alliance Defending Freedom (ADF). “It suppresses religious speech in the public sphere.”

5/8 WAKE-UP CALL: Porn Star Testifies In Trump Trial


Porn star Stormy Daniels took the witness stand Tuesday in Donald Trump's hush money trial and her testimony did not disappoint those who anticipated juicy revelations. Trump is on trial for 34 counts of falsifying business records. Prosecutors allege Trump covered up reimbursements paid to his former lawyer Michael Cohen, who was convicted of violating campaign finance law when paying Daniels $130,000 in 2016 to stay quiet about their 2006 alleged sexual encounter. While Trump has denied the allegation, Daniels' testimony about the July 2006 night provided plenty of details.

Judge Juan Merchan appeared upset that her testimony contained so much arguably irrelevant information, sustaining many of Trump lawyer Susan Necheles' frequent objections. The sexual encounter is at the heart of the case over whether the former president falsified business records to conceal a $130,000 payment to buy the adult-film star’s silence on the eve of the 2016 election. The presumptive Republican presidential nominee has denied the affair and any wrongdoing. He has said the office of Manhattan District Attorney Alvin Bragg, a Democrat, charged him out of political spite. The trial was expected to resume Thursday with cross-examination of Daniels continuing.

➤ANOTHER TRIAL PP: A federal judge postponed indefinitely Tuesday the trial of former President Donald Trump on charges he hoarded classified documents after leaving the White House. U.S. District Judge Aileen Cannon ruled that finalizing a trial date without first resolving disputes about classified documents “would be imprudent and inconsistent” with preparations to present the case to a jury. Cannon had tentatively scheduled the trial to start May 20 but removed that date without setting a new one. She said she would set a new date that takes into account Trump’s right to a fair trial and the public’s right to the fair and efficient administration of justice. Deadlines for written arguments over the classified documents now run to July 22, pushing any trial off for months.

➤ISRAEL CONTROLS GAZA BORDER CROSSING:  Israeli forces took control of a key Gaza border crossing as cease-fire talks intensified. The operation at the Rafah entry point to Egypt followed Israeli warnings to civilians to evacuate and airstrikes against Hamas targets. 

More than one million people are sheltering in the southern Gaza city. Truce negotiations resumed in Cairo the day after Hamas reported agreeing to a pact that included the militant group exchanging hostages it abducted on Oct. 7 for Palestinian prisoners in Israel. But it added conditions that Israel hadn’t approved, such as Israel completely withdrawing from Gaza and ending the blockade on the enclave. The U.S.-designated terrorist organization offered amendments to yesterday’s proposal, American officials said. The Rafah campaign is widening the rift between Israel and the U.S.

➤TIK TOK SUES U-S: TikTok sued the U.S. government over the constitutionality of a new law that forces a sale or ban of the social-media app. The suit seeks a court order preventing enforcement of the bipartisan measure that requires parent ByteDance to offload TikTok by mid-January. TikTok alleges that the law violates the platform’s and 170 million U.S. users’ right to free speech. Beijing-based ByteDance has said that it can’t and won’t sell its U.S. operations by the deadline. The law was borne of national security concerns because of the app’s Chinese ownership. TikTok says it has taken measures to safeguard user data and prevent Chinese government influence. The U.S. has long restricted foreign ownership of radio and television broadcasting.

➤UKRAINE CLAIMS Z PLOT FOILED: Ukraine said that it foiled a Russian plot to assassinate President Volodymyr Zelensky. The plan for what it said was Moscow’s latest attempt to kill Zelensky involved hitting his convoy with missiles and drones. Two of five agents involved were under the direction of Russia’s Federal Security Service, according to the Ukrainian Security Service. The Kremlin didn’t immediately respond to a request for comment. With Moscow’s troops gaining ground in the east, Kyiv continues to recruit replacements for its depleted troops while awaiting new shipments of weaponry from the U.S. Next door, Vladimir Putin was inaugurated as Russia’s president for another six-year term.

Audacy Responds To Conservative Watchdog's Objection


 Audacy, undergoing Chapter 11 financial reorganization, is facing a challenge related to its change of ownership. Here are the key details:

Ownership Change and George Soros: Audacy seeks to alter its ownership structure, allowing liberal billionaire investor George Soros to acquire a stake in the company. The proposed change has drawn attention due to its implications.

Conservative Group’s Petition: The Media Research Center (MRC), led by Brent Bozell, filed a formal petition to the FCC. MRC objects to what it calls a “Soros shortcut” in the foreign ownership portion of the deal. Audacy’s restructuring plan allows completion while maintaining short-term compliance with foreign ownership limits until FCC approval for indirect foreign ownership of over 25% is secured. Bozell argues that this interim step lacks assurances against impermissible “control or influence” by foreign owners over radio stations.

Audacy’s Response:  Audacy dismisses MRC’s objection as “ill-informed” and an attempt to impede its reorganization. The company points out procedural flaws in Bozell’s petition: MRC failed to serve the petition on Audacy. The petition lacks specific allegations of injury or reasons why the application wouldn’t be in the public interest.

Audacy emphasizes that its prompt emergence from bankruptcy is crucial for station operation and competitiveness. The use of waivers aligns with precedent, and the FCC’s approval process addresses foreign ownership concerns.

Congressional Attention: Representative Chip Roy (R-TX) also raised concerns about Soros’ involvement in the reorganization. Roy urged a thorough review of the deal’s implications before approval.

Birmingham Radio: WZZK Taps Mike Sanders As PD


Mike Sanders has taken on the role of Program Director (PD) at Country 104.7 WZZK in Birmingham, Alabama. Let’s dive into the details:

Mike Sanders, also known as “Sandman”, is a seasoned radio professional with over 30 years of experience. He was previously associated with Midwest Communications’ WJXA (Mix 92.9) in Nashville, where he spent nearly five years as an air personality and talent coach.

Mike Sanders
New Role at WZZK: WZZK is a heritage country station, as the new Program Director, Sanders will be responsible for shaping the station’s programming content, music selection, and overall strategy. His expertise in programming and passion for WZZK and Birmingham make him a valuable addition to the team.

Previous Experience: Before joining WZZK, Mike Sanders served as the PD for three of Saga Communications stations in Clarksville, Tennessee. Notably, he was associated with Country “Beaver 100.3” WVVR from 2021 to 2023. Throughout his career, he has held on-air and programming roles in various markets, including Cookeville, Tennessee, Denver, Idaho Falls, Jacksonville, and Savannah.

Personal Connection: Sanders expressed his excitement about joining WZZK, stating, “WZZK has always been that beacon of light on the horizon for me, and now I have the privilege of being a part of it.” He considers it a full-circle radio moment, as his radio journey began at the University of Alabama.

Randy Chase, SummitMedia’s Executive Vice President of Programming, welcomed Mike Sanders to the WZZK team during this time of growth. His expertise and enthusiasm are expected to contribute significantly to the station’s success.

Denver Radio: Steve Leaving The Alice Morning Show


It’s the end of an era for listeners of the Denver radio station KALC Alice 105.9. Steve from the “Slacker and Steve” show is leaving.

On Monday, the popular DJ duo said they had a big announcement for listeners. While they initially joked that it wasn’t about Taylor Swift’s return to the Mile High City, they ultimately announced that Steve is leaving after 18 years, according to KDVR-TV Fox 31.

“The ‘Slacker and Steve’ show will no longer exist by the end of this week. Things behind the scenes have changed and we’ve come to a mutual decision. I think we’ve all decided it’s time for me to move on,” said Steve on Monday’s show.

During the announcement, Steve said he was grateful that he had the opportunity to say goodbye to listeners and clients before going off the air at the end of the week.

On the “Slacker and Steve” show bio, Steve is described as being the backbone of the show.

“The Slacker and Steve Show wouldn’t be what it is today if it weren’t for Steve, Slacker’s partner in crime. Steve, a self-proclaimed bachelor, cloaks himself with a tough exterior, but fans know that on the inside he’s just a big old softie. Steve is the yin to Slacker’s yang, taking innuendo to the edge; indulging the controversial side of conversation just far enough,” said the “Slacker and Steve Show” on its website.

TikTok Lawsuit Sues U-S


TikTok and its Chinese parent company ByteDance have filed a lawsuit against the U.S. federal government to challenge a law that would ban the popular video-sharing app unless it’s sold to another company. Here are the key details:

Background: The law in question is part of a larger $95 billion foreign aid package signed by President Joe Biden. It requires ByteDance (TikTok’s parent company) to either sell TikTok within nine months or face a ban.

The Lawsuit: TikTok and ByteDance argue that the law is “obviously unconstitutional”. They claim that the sponsors of the Protecting Americans From Foreign Adversary Controlled Applications Act are trying to portray it as a regulation of TikTok’s ownership rather than an outright ban.

ByteDance has stated that it doesn’t have any plans to sell TikTok. Even if they wanted to divest, they would need approval from Beijing, which has previously opposed a forced sale of the platform.

Challenges and Implications: Under the act, TikTok would be forced to shut down by January 19, 2025 if no sale occurs. The fight over TikTok occurs amidst intense strategic rivalry between the U.S. and China, especially in areas like advanced technologies and data security. Concerns have been raised that Chinese authorities could access U.S. user data or manipulate TikTok’s algorithm to sway public opinion.

Opponents argue that other methods, such as commercial data brokers, could also provide information on Americans.

News Consumption Habits Becoming More Digital


The local news landscape in America is going through profound changes as both news consumers and producers continue to adapt to a more digital news environment. The Pew-Knight Initiative recently asked U.S. adults about the ways they access local news, as well as their attitudes toward local journalism, finding that:

A bar chart showing Americans increasingly prefer digital pathways to local news. A bar chart showing most Americans say local media are at least somewhat important to their community

🠊A growing share of Americans prefer to get local news online, while fewer are getting news on TV or in print. And newspapers are no longer primarily consumed as a print product – the majority of readers of local daily newspapers now access them digitally.

🠊The share of U.S. adults who say they are paying close attention to local news has dropped since our last major survey of attitudes toward local news in 2018, mirroring declining attention to national news.

🠊Americans still see value in local news and local journalists. A large majority say local news outlets are at least somewhat important to the well-being of their local community. Most people also say local journalists are in touch with their communities and that their local news media perform well at several aspects of their jobs, such as reporting the news accurately.

🠊At the same time, a relatively small share of Americans (15%) say they have paid for local news in the last year. And many seem unaware of the major financial challenges facing local news: A 63% majority (albeit a smaller majority than in 2018) say they think their local news outlets are doing very or somewhat well financially.

🠊Majorities of both major parties say local media in their area are doing their jobs well. While Republicans and GOP-leaning independents are slightly less positive than Democrats and Democratic leaners in their opinions of local media, views of local news don’t have the same stark political divides that exist within Americans’ opinions about national media.

Uncertainty Challenging News Outlets


The landscape of television news is experiencing unprecedented turbulence as the upcoming presidential election draws near. The NY Times reports on the challenges faced by major news networks:

ABC News: ABC News finds itself in a state of flux. Recently, its president announced her departure, leaving the network in transition. The uncertainty surrounding leadership changes can impact the network’s stability during this critical time.

CBS News:  CBS, the parent company of CBS News, is currently undergoing a sale process. Depending on the outcome, CBS News may soon have a new owner. Such ownership changes can significantly influence editorial decisions and the overall direction of the network.

NBC News: NBC faced an on-air revolt not long ago, with prominent anchors questioning leadership. While the situation has calmed down, it highlights internal tensions. The network must navigate these challenges as it prepares to cover the election.

CNN: CNN, too, is adjusting to changes. The arrival of a new chief executive promises a different direction for the network. The transition period may impact CNN’s reporting style and priorities.

The convergence of leadership shifts, ownership changes, and internal dynamics makes this a particularly tumultuous time for television news. As journalists gear up for one of their toughest assignments—the presidential election—they must also grapple with uncertainty and adapt to evolving circumstances1. 

St. Louis Radio: Dustin Monroe Joins KLSZ As APD/PM Drive


iHeartMedia St. Louis has announced that Dustin “Haze” Monroe has been named Assistant Program Director & PM drive personality for KSLZ Z107.7/St. Louis,. He will report to John Beck, Market President for iHeartMedia St. Louis and Indianapolis.

Dustin Monroe
“Haze is an amazing personality who electrifies every event or show that he appears in. Having held major on-air positions in St. Louis, including here at Z-107.7, Haze has a close relationship with this city and the people in it. We are so excited to welcome him back!” said Beck

Haze is a long-time radio veteran. He attended the American Broadcasting School in Dallas and began his career at KJCK in Kansas. Since then, he has been at radio stations in Dallas, Austin, Virginia Beach and now back to his home in St. Louis.

“Wow. 18 years ago, I left the East Coast to come back to the Midwest to work at the legendary Z 107.7. Since then, I have built a life in St. Louis and call the city my home. My son was born and raised here, I have deep relationships and I wouldn’t want to be in any other city. I am honored to be back. It’s time to make some noise in afternoon drive again!” said Haze.

Rappers' Feud Appears To Have Turned Violent


Drake's Toronto home was taped off after a shooting Tuesday morning. USA Today reports the shooting took place outside Drake's house around 2 a.m. and Toronto Police Service officers found a man suffering from an apparent gunshot wound when they arrived at the scene, according to Inspector Paul Krawczyk of the Integrated Gun and Gang Task Force at the Toronto Police Service.

The victim was a security guard who was standing outside the gates. He was transported to the hospital with serious injuries and a suspect fled the scene in a vehicle, according to police.

The Canadian rapper's feud with the Pulitzer Prize-winning Compton lyricist Kendrick LamaR has spurred a series of public accusations from secret children to sexual assault.

In his diss tracks, Lamar claimed Drake has a secret daughter, gambling and drug addictions, that he has predators on his label's payroll, and should be in a "cell" with Harvey Weinstein while Drake alleged that Lamar physically abused his fiancée, that Lamar's child might not be his and that the California rapper is living a double life full of infidelity.

Background: Drake and Kendrick Lamar first collaborated in 2011 on Drake’s album Take Care and later on Lamar’s album Good Kid, M.A.A.D City. In 2013, Lamar dissed Drake and other rappers on the song “Control,” where he expressed his desire to “murder” them in music. However, he clarified that it was meant as “friendly competition.”

Reignition and Escalation: The feud reignited in March 2024 after the release of “Like That” by Future and Metro Boomin, featuring Lamar. J. Cole had previously referred to Drake, Lamar, and himself as the “Big Three” of hip-hop on the track “First Person Shooter” from Drake’s album For All the Dogs. Lamar rejected the existence of the “Big Three” in his diss track “Like That,” leading to further tension. Cole responded with the diss track “7 Minute Drill,” which he later apologized for and removed from streaming services.

Drake fired back with songs like “Push Ups” and “Taylor Made Freestyle,” the latter featuring AI-generated vocals of Tupac Shakur and Snoop Dogg.

Radio History: May 8

Arthur Q Bryan

➦In 1899...Arthur Quirk Bryan born (Died from a heart attack at age 60 – November 18, 1959). He is best remembered for his longtime recurring role as well-spoken, wisecracking Dr. Gamble on the radio comedy Fibber McGee and Molly and for creating the voice of the Warner Brothers cartoon character Elmer Fudd.

In the late 1920s, Bryan was an announcer at WOR radio in New York City. Contemporary radio listings in a daily newspaper indicate that he was still at WOR as late as September 13, 1931. In October 1931, he began working as an announcer at WCAU in Philadelphia, and in 1933 he moved to Philadelphia's WIP.  By 1934, he was heard on WHN in New York. In 1938–1939, he was a regular on The Grouch Club on the CBS Pacific network and was featured in some short-subject films made by the group.

Bryan's work in animation did not go unnoticed by radio producers. Although his first forays into that medium were accompanied by instructions that he use the Fudd voice, Bryan soon came to the attention of Don Quinn and Phil Leslie, the production and writing team responsible for Fibber McGee and Molly and their supporting characters, two of whom spun off into their own radio hits, The Great Gildersleeve and Beulah. The Gildersleeve character, played by Harold Peary, became series broadcasting's first successful spin-off hit; that plus the onset of World War II (which cost Fibber McGee & Molly their Mayor La Trivia, when Gale Gordon went into the Coast Guard in early 1942, and "The Old Timer" Bill Thompson was drafted almost a year later) nabbed nearly every other remaining male voice.

Bryan was first hired for the new Great Gildersleeve series, to play the part of Cousin Octavia's secretary/assistant, Lucius Llewellyn (using the Elmer Fudd voice), and later one of Gildersleeve's cronies, Floyd Munson, the barber. His work on the series (in Bryan's natural voice) so impressed Quinn and Leslie, that Bryan was added to the cast of their main show, Fibber McGee and Molly, in 1943.

In the early 1940s, Bryan played Waymond Wadcliffe on the Al Pearce & His Gang program on CBS. Bryan starred as Major Hoople (from June 22, 1942 to April 26, 1943) in The Charlotte Greenwood Show. and played Lt. Levinson on radio's Richard Diamond, Private Detective (from September 6, 1950 to June 29, 1951). In the mid-1940s, he had the role of Duke on Forever Ernest.

➦In 1915...John Archer was born in small town Nebraska.  He is best remembered as the radio voice of Lamont Cranston, The Shadow, for a year in the 1940’s.  Later in life, as a resident of Greater Seattle he was a founding member of REPS, the Radio Enthusiasts of Puget Sound.  He died of lung cancer Dec. 3 1999 at age 84.

➦In 1940...Eric Hilliard "Rick" Nelson born (Died – December 31, 1985).  He starred alongside his family in the radio and television series The Adventures of Ozzie and Harriet. In 1957 he began a long and successful career as a popular recording artist.

As one of the top "teen idols" of the 1950s his fame led to a motion picture role co-starring alongside John Wayne and Dean Martin in Howard Hawks's western feature film Rio Bravo (1959). He placed 53 songs on the Billboard Hot 100, and its predecessors, between 1957 and 1973, including "Poor Little Fool" in 1958, which was the first #1 song on Billboard magazine's then-newly created Hot 100 chart. He recorded 19 additional Top 10 hits and was inducted into the Rock and Roll Hall of Fame on January 21, 1987.

Nelson began his entertainment career in 1949 playing himself in the radio sitcom series The Adventures of Ozzie and Harriet. In 1952, he appeared in his first feature film, Here Come the Nelsons. In 1957, he recorded his first single, debuted as a singer on the television version of the sitcom, and released the #1 album titled Ricky. In 1958, Nelson released his first #1 single, "Poor Little Fool", and in 1959 received a Golden Globe nomination for "Most Promising Male Newcomer" after starring in Rio Bravo. A few films followed, and when the television series was cancelled in 1966, Nelson made occasional appearances as a guest star on various television programs.

He, his fiancee & 5 others were killed in a plane crash Dec 31, 1985 enroute to a New Year’s Eve performance in Dallas.  Nelson was 45.

➦In 1959...NBC Radio aired the final broadcast of “One Man’s Family” after being on the air 27 years. The Carleton E. Morse creation had completed 3,256 episodes since its beginnings in San Francisco back in 1932.

➦In 1962…Beatles manager Brian Epstein had a chance meeting with engineer Ted Huntly at a London record store. After Epstein related his discouragement about the Decca label rejecting the band, Huntly suggested he send a demo recording of the Beatles to EMI and, in particular, to one of their producers, George Martin.

➦In 1968...George Dewey Hay died at age 72 (Born -November 9, 1895).  He was the founder of the original Grand Ole Opry radio program on WSM-AM in Nashville, Tennessee, from which the country music stage show of the same name evolved.

Tuesday, May 7, 2024

Philly Radio: “Walter Sterling at Night” to Debut May 13 On WPHT


Audacy announces a new live and local night show starring Walter Sterling on Talk Radio WPHT 1210 AM in Philadelphia. “Walter Sterling at Night” will air weeknights from 9:00 p.m. to 12:00 a.m. ET beginning May 13.

“Walter has demonstrated the importance of the late-night talk radio with his Sunday night nationally syndicated program and has welcomed his listeners, who he refers to as ‘friends on the radio,’ to unpack their day-to-day lives,” said David Yadgaroff, Senior Vice President and Market Manager, Audacy Philadelphia. “He’s made strides at Talk Radio 1210 WPHT for a decade, and we’re ecstatic to finally bring his entertaining brand to the Delaware Valley five nights a week.”

Walter Sterling
“Late-night radio is golden media time for a live program. It’s a one-on-one stage for lighter conversations, serving as morning drive for late-shift doctors, nurses, bus drivers, hotel managers, security staff and more,” said Sterling. “Thank you, David Yadgaroff, Greg Stocker, Jeff Sottolano and the incredible programming and engineering teams at Audacy. Over the years, I’ve made strong connections with Talk Radio 1210 WPHT listeners and look forward to building them as I join weeknights!”

Sterling is a late-evening talk show host with a decade of success, including as host of his nationally syndicated program “Sterling on Sunday with Walter Sterling.” He previously worked at Sirius/XM in creating talk programs and music channels and was also a pioneer in the profitable sector of FM Talk as Vice President of ABC Radio Networks and Executive Vice President of NBC-owned FM radio stations, where his team was responsible for creating the Adult Contemporary and Urban Contemporary formats.

📻Listeners can tune in to Talk Radio WPHT 12010 AM in Philadelphia and nationwide on the Audacy app and website. Fans can also connect with the station via X, Facebook and Instagram.

Disney Reports Streaming Was Profitable During 1Q


Walt Disney Co. is making massive strides toward making its streaming business profitable, a milestone that comes none too soon as its traditional TV networks continue to decline.

The LA Times reports the Burbank media and entertainment giant reported overall streaming business revenue of $6.19 billion for the second fiscal quarter of 2024, up 12% compared with a year earlier. Disney’s streaming business — which includes Disney+, Hulu and ESPN+ — reported an operating loss of $18 million for the three-month period that ended March 30, a 97% change from last year, when it reported losing $659 million.

The company’s “entertainment streaming” business, which consists only of Disney+ and Hulu (and not ESPN+), was profitable during the quarter, notching operating income of $47 million, compared with a loss of $587 million a year earlier. Excluding ESPN+, streaming revenue of $5.64 billion was up 13% from a year earlier.

Overall, Disney generated $22.1 billion in revenue that quarter, up 1% from the same period a year earlier. Sales came in roughly in line with analysts’ estimates, according to FactSet. Earnings, excluding certain items, were $1.21 per share, up from 93 cents a year earlier and better than the $1.10 that analysts had predicted, on average.

Disney Chief Executive Bob Iger noted the growth in streaming in a statement, saying that the business, in addition to the company’s continued strength in experiences, which includes the parks, drove the company’s second-quarter performance.

Disney’s investment in streaming, which accelerated to grow the Disney+ service that launched in 2019, has lost billions of dollars to date. The company expects its combined streaming operations to finally turn a profit in the fiscal fourth quarter of 2024.

This marks Disney’s first quarterly earnings report since Iger trounced activist investor Nelson Peltz in a proxy fight, in which Peltz had sought a board seat. Investors, in a vote tallied at Disney’s annual shareholder meeting in April, decisively rejected Peltz’s bid.

Although Disney’s streaming business was a bright spot for its entertainment segment, the company’s linear TV business struggled in the quarter, reporting $2.77 billion in revenue, a decrease of 8% compared with a year earlier. The linear networks reported operating income of $752 million, down about 22% from the same period last year.

The company said its losses in linear networks stemmed from lower affiliate revenue because of a decrease in subscribers after Spectrum dropped eight networks, including Freeform and Disney Junior, from its lineup as part of Disney’s new cable licensing agreement with cable giant Charter Communications. Those negotiations resulted in a more-than-10-day blackout of ESPN and ABC channels as the two companies hashed out an agreement.

The company’s film studio business also struggled, with revenue falling 40% to $1.39 billion for an operating loss of $18 million. Disney posted weak box-office results compared with last year’s second quarter, when it had Marvel’s “Ant-Man and the Wasp: Quantumania” and “Avatar: The Way of Water.”

Disney movies have had a weak run in 2024 and the company is hoping for a rebound with “Kingdom of the Planet of the Apes,” “Inside Out 2” and “Deadpool & Wolverine.”

Disney’s sports sector reported revenue of $4.31 billion, up 2% compared with a year earlier. ESPN operating income was $778 million, down 2% from the year-earlier period.

Meanwhile, its “experiences” division — which encompasses theme parks such as Disneyland and Walt Disney World; cruise lines and consumer products — continued to drive profit for the company with $8.39 billion in revenue, an increase of 10% from a year earlier. Operating income from the parks division was $2.29 billion, up 12%. The segment accounted for 59% of the company’s operating income.

Boston Radio: Rich Shertenlieb To WZLX


Rich Shertenlieb, half of Beasley Media's WBZ-FM 98.5 The Sports Hub’s wildly successful morning show for nearly 15 years until an acrimonious departure in November, will return to the Boston airwaves via an eponymous show on classic rock station iHeartMedia's 100.7 WZLX.

The Boston Globe reports The Rich Shertenlieb Show will begin “soon,” according to an announcement the host made on social media. His arrival came the same day the station announced it will replace Pete McKenzie and Heather Ford in the morning. A statement thanked the two for “all the laughter, wild stories, and fun moments they have brought to Boston morning radio over the years. We truly appreciate them.”

Kevin Karlson, their cohost on WZLX since 2005, passed away in October.

“We have decided to close that chapter of WZLX,” the station statement read, declaring a need for a “new show to take us into the future.”

That will come from Shertenlieb, who came to Boston along with Fred Toucher from Atlanta, and hosted an afternoon show beginning in 2006 on former rock station WBCN. The pair transitioned to sports and the morning slot when The Sports Hub debuted in August 2009, and “Toucher and Rich” were a big part of the station’s rise — first past sports talk rival WEEI, then all of Boston radio.

Acrimony between the pair bubbled, however, at least partially due to Toucher dealing with a mass on his vocal cords in early 2023 that at one point was believed to be cancerous. It became unavoidably public in October when Toucher signed a multiyear contract extension himself after years of negotiating their deals as a duo.

Their split came a month later, when Shertenlieb — who accused Toucher in a meeting with station management of creating a hostile work environment — was informed after the show on Nov. 9 that he was off the program.

“Boy oh boy, are there a lot of things we need to talk about, the least of which including how non-competes are the worst and should be totally illegal,” Shertenlieb wrote in Thursday’s announcement, “but also about how much I’ve missed you and how I’ve worked every day over the last several months to put together this show and great group of co-hosts.”

Rob “Hardy” Poole moved from The Sports Hub’s midday show to become the second voice on the new “Toucher and Hardy” show, which began in January. It earned a 17.9 share in the ratings book for the first three months of the year, part of a 98.5 sweep of its three daytime programs and more than double the second-place 8.6 share for WEEI’s “Greg Hill Show.”

Report: ESPN To Acquire NFL Network Deal ‘All But Signed’

The Streamable Graphic

It looks like ESPN is ready for even more football. The channel has been home to “Monday Night Football” since 2006, but it appears that ESPN is about to add a much greater selection of NFL content. 

A report from Mike Florio of Pro Football Talk indicates that the league is drawing close to an agreement with ESPN that will see the league gain an equity stake in the family of networks, and in exchange, ESPN will take over operations of NFL Network.

About ESPN’s potential acquisition of the NFL Network:

Background: ESPN, a prominent sports network, has been in discussions with the National Football League (NFL) regarding a significant deal. The proposed agreement could result in the NFL gaining an equity stake in ESPN, while ESPN would take over operations of the NFL Network.

Key Details:

  • Advanced Talks: These discussions have been ongoing since at least January, with both parties exploring the possibilities.
  • Potential Equity Stake: The NFL would receive an ownership interest in ESPN as part of the deal.
  • Control of NFL Media: ESPN would assume control of NFL Media, which includes the NFL Network.
  • Streaming Ambitions: Disney (ESPN’s parent company) seeks strategic partners to fund its future streaming ambitions. Having more NFL content could enhance their joint venture streaming platform, which features ESPN alongside channels from Fox and Warner Bros. Discovery.
  • Potential Announcement: Industry insiders believe that an official pact could be announced soon, although no deal is final until it’s officially signed.

Implications:

  • For ESPN: Acquiring the NFL Network would significantly expand ESPN’s football-related content, complementing its existing coverage of “Monday Night Football.”
  • For the NFL: An equity stake in ESPN aligns with the league’s long-term goals and enhances its position in the media landscape.

What’s Next?: Keep an eye out for an official announcement, as negotiations continue.

Multiple Studies Confim Audio's Effectiveness




This week, as hundreds of agencies and advertisers gather in New York City for the tenth IAB Podcast Upfront, building brands is on the minds of B2B and performance advertisers, two groups of marketers who typically obsess only over the lower funnel.

A recent Digiday headline stated, “Why Performance Marketers are Shifting Their Priorities to Build the Brand.”

Another headline blared, “Why B2B Marketers are Advertising More Like Consumer Brands to Break Through a Crowded Marketplace.”

Even podcasts, once the domain of direct response marketers, are shifting to brand. Last year, the annual IAB/PwC podcast ad revenue report revealed that brand advertisers represent the majority of podcast ad spend.

The number of commissioned Nielsen brand lift studies surges




A sure sign of brand marketers leaning into podcasts is the increase in brand lift studies conducted by Nielsen.

Since 2017, Nielsen has conducted an astonishing 1,300+ podcast brand lift studies. "Podcast brand lift studies provide advertisers valuable insights into how their ads are driving the metrics that matter most to their brand," said Arica McKinnon, VP of Commercial Strategy & Insights at Nielsen. "The proliferation of podcast brand lift studies Nielsen has conducted for various brands in recent years demonstrates the effectiveness of podcast advertising for long-term brand building."

Recently, Nielsen released a series of norms and key insights on their database of podcast brand effect work.

Key findings
  • Nielsen’s just released podcast brand lift study reveals:Positive podcast content evaluation and host appeal generate strong advertising effectiveness
  • Nielsen reports the terms with the greatest association with podcast content are interesting, entertaining, credible, authentic, creative, and fun. Few listeners associate negative terms with podcast content.
  • The strongest associations with podcast hosts are likeable, credible, relatable, fun, and expert.
  • The terms most linked with podcast ads are interesting, believable, natural, authentic, innovative, funny, and unexpected. Very few associate podcasts advertising with negative perceptions.
  • Across 1,300+ studies Nielsen reports podcasts drive consistent growth in awareness (+11 points), likelihood to seek information (+8 points), purchase intent (+7 points), and recommendation (+6 points).
This week’s Cumulus Media | Westwood One Audio Active Group® blog examines 1,300+ Nielsen podcast brand-lift studies to reveal audio’s ability to create future demand and build a brand.

'Giants of Broadcasting' Named for 2024


The Library of American Broadcasting Foundation (LABF) has announced that it will recognize distinguished industry leaders for lifetime achievements during the 2024 Giants of Broadcasting & Electronic Arts luncheon and awards ceremony. 

The annual event will take place from 11:30 a.m. – 2:00 p.m. on Tuesday, November 12th at Gotham Hall in New York City. 

“This event celebrates the ‘innovators and trailblazers in the media industry,” said LABF co-chairs Heidi Raphael and Jack Goodman. “We are absolutely thrilled to pay tribute to and honor these outstanding individuals for their many contributions in broadcasting and American Culture.”

The ceremony is presented by the LABF, a non-profit organization dedicated to preserving the past, reflecting the present, and informing the future. The awards presentation celebrates the remarkable creators, innovators, leaders, performers, and journalists who have blazed trails in the radio and television broadcasting industry.

LABF has honored more than 200 leaders in broadcasting since the event's 2003 inception. Net proceeds from the luncheon will support the preservation and expansion of the Library of American Broadcasting collection, which is curated at the University of Maryland. Considered among the largest of its kind, the Library of American Broadcasting plays a vital role in growing, preserving, and providing access to archives that highlight broadcasting's profound influence on culture and history throughout the world. The LABF also supports the Broadcast Education Association (BEA) through the underwriting of research, creative grants and academic publications focused on broadcast media, the group explained. 

The 2024 Giants of Broadcasting & Electronic Arts honorees include:

  • AL ROKER, Weather and Feature Anchor, TODAY and Co-Host, 3rd Hour of TODAY
  • CHRISTINE BARANSKI, Two-time Tony and Emmy Award Winning Actress
  • MIKE MCVAY, President, McVay Media Consulting
  • PATSY SMULLIN, President and Owner, California Oregon Broadcasting, Inc.
  • STEPHEN A. SMITH, Star of ESPN, NY Times Best Selling Author, Creator and Host of The Stephen A. Smith Show
  • STEVE JONES, President and Chief Executive Officer, Skyview Networks
  • WENDY MCMAHON, President and Chief Executive Officer, CBS News and Stations & CBS Media Ventures (CMV)

TV Tech reports 2018 Giant honoree, Bill Whitaker, correspondent, 60 Minutes, CBS News will be returning as emcee.