Friday, August 16, 2019

August 16 Radio History


➦In 1922... WEAF NYC (now WFAN) signed-on. The station went on the air from an antenna atop the eleven-story Western Electric Building at 463 West Street.

WEAF Broadcast August 1922
The origins of WEAF go way back to 1919 when original owners, AT&T, inaugurated an experimental radio-phone station, 2XB, at 463 West St. in Manhattan.  Then, on May 18, 1922, the Commerce Department granted a license to AT&T's Western Electric subsidiary to upgrade 2XB.

Original calls, taken from an alphabetical list, were WDAM, however they were deemed too profane. On May 29, 1922, the next available calls were assigned: WEAF.

WEAF stood for "Water, Earth, Air, Fire", the four elements of matter.

On August 16, 1922, WEAF hit the air on 360 meters (or 833 AM on our present AM band.)

WEAF was the first station to offer commercials, with the Queensboro Corp, a real estate company, being its first sponsor on August 28, 1922.

During hours when they had time to fill, AT&T recruited their office personnel who could sing or play music.

In July 1926, RCA took over WEAF as the flagship for the Broadcasting Company Of America, a name soon changed to the National Broadcasting Company. The purchase price was $1 million.

On November 11, 1928, WEAF moved to 660 AM.

The move that solidified WEAF's position as the most pretigious of all broadcasters took place in the autumn of 1933, when NBC moved to 30 Rockefeller Plaza and became the "radio" that gave Radio City its name.

WEAF Transmitter 1932
In October 1943, sister station, WJZ, dropped out of the NBC Blue Network and establshed the American Broadcasting Company and eventually became WABC.




In August 1946, "Buffalo" Bob Smith began hosting WEAF's morning show, then left in 1951 to concentrate on "Howdy Doody."

Later in 1946, NBC came to an agreement with a small station in New Britain CT to relinquish that city's initials from its call letters and on November 2, 1946 at 5:30p, WEAF presented its last broadcast, entitled "Hail And Farewell," and at 6p turned into WNBC

Then on October 18, 1954, WNBC switched calls to WRCA, as a tie-in to their parent company, RCA.

On June 1, 1960, WRCA became WNBC once again.

Today, 660 AM is home to America's first all-sports station WFAN.

➦In 1937....The American Federation of Radio Artists (AFRA) was organized.

Emboldened by the National Labor Relations Act passed by Congress in 1935, radio artists from Los Angeles banded together to form the Radio Actors Guild. About the same time, Broadway actor George Heller began lobbying Actors’ Equity Association in New York for a contract protecting radio artists. This led to the creation of Radio Equity, existing under the umbrella of Actors’ Equity.

The American Federation of Radio Artists was formed, succeeding Radio Equity and the Radio Actors Guild. The Four As – the Associated Actors and Artistes of America – granted a charter to the new union, with 400 members in two locations. Chicago, the center for “soap opera” production, quickly followed New York and Los Angeles, with performers forming their own local chapter. By December 1937, AFRA had more than 2,000 members.

On July 12, 1938, with the support of radio stars Eddie Cantor, Edgar Bergen, Jack Benny, Bing Crosby, and others, AFRA members negotiated the first collectively bargained agreement on a national scale—with NBC and CBS—resulting in a wage increase of 125%. In 1939, after only two years in existence, AFRA covered 70% of live radio broadcasting through collective bargaining agreements.

In 1941, AFRA members negotiated the Transcription Code, providing for programs recorded for later broadcast, and building cost-of-living increases into contracts.

On September 17, 1952, the Television Authority and AFRA merged to create a new union, the present-day American Federation of Television and Radio Artists (AFTRA).

➦In 1939...“Lights Out,” radio’s “ultimate horror show,” was heard for the last time on NBC Radio.

It returned to the air on CBS in 1942-43. The show’s most familiar trademark, guaranteed to put you under the covers on a dark night was “Lights out everybody!” followed by 12 eerie chimes of a clock.
The success of Lights Out revival was part of a trend in 1940s American radio toward more horror. Genre series like Inner Sanctum, Suspense and others drew increasingly large ratings.


➦In 1977…Elvis Aaron Presley died at age 42.  (Born January 8, 1935).  Regarded as one of the most significant cultural icons of the 20th century, he is often referred to as the "King of Rock and Roll" or simply "the King".


Presley was born in Tupelo, Mississippi, and relocated to Memphis, Tennessee, with his family when he was 13 years old. His music career began there in 1954, recording at Sun Records with producer Sam Phillips, who wanted to bring the sound of African-American music to a wider audience.

Presley, on rhythm acoustic guitar, and accompanied by lead guitarist Scotty Moore and bassist Bill Black, was a pioneer of rockabilly, an uptempo, backbeat-driven fusion of country music and rhythm and blues. In 1955, drummer D. J. Fontana joined to complete the lineup of Presley's classic quartet and RCA Victor acquired his contract in a deal arranged by Colonel Tom Parker, who would manage him for more than two decades. Presley's first RCA single, "Heartbreak Hotel", was released in January 1956 and became a number-one hit in the United States. With a series of successful network television appearances and chart-topping records, he became the leading figure of the newly popular sound of rock and roll. His energized interpretations of songs and sexually provocative performance style, combined with a singularly potent mix of influences across color lines during a transformative era in race relations, made him enormously popular—and controversial.

In November 1956, Presley made his film debut in Love Me Tender. Drafted into military service in 1958, Presley relaunched his recording career two years later with some of his most commercially successful work. He held few concerts however, and guided by Parker, proceeded to devote much of the 1960s to making Hollywood films and soundtrack albums, most of them critically derided. In 1968, following a seven-year break from live performances, he returned to the stage in the acclaimed television comeback special Elvis, which led to an extended Las Vegas concert residency and a string of highly profitable tours. In 1973, Presley gave the first concert by a solo artist to be broadcast around the world, Aloha from Hawaii. Years of prescription drug abuse severely compromised his health, and he died suddenly in 1977 at his Graceland estate at the age of 42.

Presley is the best-selling solo artist in the history of recorded music. He was commercially successful in many genres, including pop, country, blues, and gospel. He won three competitive Grammys,received the Grammy Lifetime Achievement Award at age 36, and has been inducted into multiple music halls of fame.



According to allthatsinteresting.com, around 2:30 on the afternoon of August 16, Elvis' girlfriend Ginger Alden was wandering around Graceland looking for Elvis. The King of Rock and Roll was supposed to be preparing to leave for his latest tour, but Alden was growing concerned, as she hadn’t seen him in a while.

Alden saw no sign of Presley until she realized his bathroom door was cracked open. She looked inside the room and, as she later recalled in her memoir, “I stood paralyzed as I took in the scene.”

According to Alden, “Elvis looked as if his entire body had completely frozen in a seated position while using the commode and then had fallen forward, in that fixed position, directly in front of it.” Alden rushed forward and detected a hint of breathing, although the singer’s “face was blotchy, with purple discoloration” and his eyes were “staring straight ahead and bloodred.”


➦In 1995...Radio personality Joseph Priestley "J-P" McCarthy died at age 62.

McCarthy was best known for his over 30 years of work as the morning man on  WJR in Detroit.

He got his first radio job at Flint radio station WTAC. While at WTAC he frequently auditioned for WJR, a leading radio station in Detroit, with a 50,000-watt clear-channel signal that could be heard in much of the Eastern United States and Canada. After frequent auditions, McCarthy was hired by WJR as a staff announcer in 1956.

The position of staff announcer was merely straight forward announcing, and McCarthy aspired to do more in radio. When Marty McNealy, the host of WJR's Morning Music Hall, left for WKMH in 1958, McCarthy was chosen to replace him. The station promoted him heavily, and he was soon the #1 rated radio show in Detroit.

WJR did not pay particularly well, and J.P. was offered the opportunity to do commercials for Stroh's, the top brewery in Detroit. Station management would not allow it, and after some discussion McCarthy left Detroit for KGO in San Francisco, where he took the morning show from #6 to #3.

In 1964, Goodwill Stations sold WJR to Capital Cities Broadcasting and the president, Dan Burke, asked station manager Jim Quello why they lost McCarthy. After explaining the situation, Quello re-recruited McCarthy to return to WJR, with a raise and the right to do commercials for anybody he wanted. J.P. returned to WJR in December 1964.

Upon his return to Detroit, McCarthy not only hosted the Morning Music Hall from 6:15 to 9, but also the Afternoon Music Hall from 3:15 to 6. Eventually, McCarthy's duties were relegated to morning drive, and a noontime interview program, "Focus". It wasn't long before McCarthy's morning show was #1 in Detroit, a perch that he held for about 30 years until his death, a feat unmatched in Detroit radio.



J. P. McCarthy was inducted into the Radio Hall of Fame in 1992, the first Detroit broadcaster to be inducted.

While at the peak of his career he contracted Myelodysplastic Syndrome, a very rare blood disease.  J.P. McCarthy died of pneumonia in his sleep on the afternoon of August 16, 1995.

➦In 2003...Radio General Manager and personality, Dick Pike, died at age 78 (Born - November 7, 1924). Pike is best known for his work at WNOP 740 AM, a 1,000-watt, jazz-formatted Radio station licensed to Newport, Kentucky, that became legendary.

Thursday, August 15, 2019

iHeartMedia Reports 2.4% Revenue Growth

iHeartMedia, Inc. (NASDAQ: IHRT) today reported financial results for the quarter ended June 30, 2019 . IHRT successfully emerged from Chapter 11 on May 1, 2019 with a streamlined capital structure and completed the listing of its shares on the NASDAQ.

⏩ Financial Highlights 

➤ Second Quarter
  • Revenue of $913.3 million, up 2.4% year-over-year,Excluding political revenue, revenue increased 3.9%
  • Digital revenue increased 32.8% year-over-year
  • Operating income of $181.6 million was up 0.2% year-over-year
  • Adjusted EBITDA of $262.9 million, up 3.2% year-over-year
  • Adjusted EBITDA margins1 improved to 28.8% from 28.6%, up 20 basis points year-over-year
➤ Year-to-Date
  • Revenue of $1,709.1 million, up 2.7% year-over-year, Excluding political revenue, revenue increased 3.7%
  • Digital revenue increased 30.6% year-over-year
  • Operating income of $200.7 million was down from $243.3 million in the six months ended June 30, 2018 due to non-cash impairment charge of $91.4 million in first quarter of 2019
  • Adjusted EBITDA1 of $419.9 million, up 6.4% year-over-year
  • Adjusted EBITDA margins1 improved to 24.6% from 23.7%, up 90 basis points year-over-year
“iHeartMedia is the number one audio company in America and the only true multi-platform audio company able to reach consumers at scale,” said Bob Pittman, Chairman and CEO of iHeartMedia, Inc.

Bob Pittman
“There are two segments of the audio sector -- radio, which provides companionship and connection when people want to join the world; and the music collection segment, which people use when they want to tune out and escape the world. As the leader in the radio, or companionship, segment of the audio sector, iHeartMedia uses its unparalleled reach and consumer connection to deliver a compelling experience for our audiences and revenue opportunities across our multiple platforms. As we look ahead, iHeartMedia intends to increase our share of radio advertising spend, participate in TV and digital advertising revenue pools, extend our leadership in podcasting and drive sponsorship revenue.” 

Rich Bressler
We successfully emerged from Chapter 11 on May 1, 2019 and are pleased that the restructuring process resulted in a capital structure that matches our successful operating business. We now have an iHeart business that will focus exclusively on increasing our lead as the number one audio company in the U.S. As demonstrated in our results, iHeartMedia’s increased revenue and overall positive financial performance reflects the resilience and growth of our businesses and the value of our recent investments, particularly in podcasting and data and analytics,” said Rich Bressler, President, Chief Operating Officer, and Chief Financial Officer. 

“We are focused on building long-term shareholder value through a combination of operational and capital structure initiatives and we are prioritizing de-leveraging in our capital allocation policies.”

⏩ Key Operational Highlights

➤Continued to outperform the broadcast radio industry
  • Outperformed the broadcast radio industry by over 350 basis points this year alone, according to Miller Kaplan.
  • iHM is ranked #1 in over 4 times more markets than the next largest broadcast group in its top 160 markets.
  • iHM reaches 275 million Americans - more than the top two closest broadcast radio competitors combined.
➤Extended leadership in the fast-growing podcast segment
  • #1 commercial podcaster in America measured by monthly downloads and unique listeners as measured by Podtrac.
  • More than 300% growth in podcast listeners on the iHeartRadio app in the last year.
  • Expanded unique monthly podcast audience by 277% year over year - faster than any other major company.
  • Launched new original podcasts on iHeartRadio, including “Insomniac,” hosted by Scott Benjamin, “Sleepwalkers,” hosted by Emmy and Peabody Award winner Oz Woloshyn and co-hosted by Karah Preiss, former host of The Huffington Post science show “Talk Nerdy To Me,” and “Life Will Be the Death of Me,” hosted by comedian Chelsea Handler.
➤Produced events that enhance artist partnerships, provide crossover promotions for our stations and deliver unique brand building and activation opportunities to advertisers
  • Announced the lineup for the “2019 iHeartRadio Music Festival,” the annual two-day event hosted at Las Vegas’ T-Mobile Arena, which will be broadcast live via iHM radio stations across more than 150 markets and will air on a televised special on The CW Network and will be live-streamed on The CW App.
  • Hosted the “2019 iHeartRadio Wango Tango Presented by The JUVÉDERM® Collection of Dermal Fillers” at the Dignity Health Sports Park in Los Angeles, which was exclusively broadcast in a 90-minute TV special on Freeform, livestreamed by LiveXLive, and aired on iHM radio stations across 100 markets.
  • Showcased Country music’s biggest superstars at the sixth annual “iHeartCountry Festival Presented by Capital One®” at the Frank Erwin Center in Austin, Texas, which was broadcast live in over 100+ local markets and on iHeartRadio.com, as well as live-streamed exclusively on LiveXLive.
➤Expanded our reach through digital and social channels
  • Posted 12th consecutive month of year-over-year total listening hours growth, as of June 2019.
  • Finished the quarter with more than 130 million registered users on the iHeartRadio app.
  • Recorded 13 million monthly unique visitors on Snapchat and 23 million monthly unique visitors on YouTube.

Charlotte Radio: WBT's John Hancock Announces Retirement

John Hancock
After 29 years of conversation with the listeners, Charlotte radio legend John Hancock will air his final show on WBT 1110 AM / 99.3 FM on October 17, 2019, according to the station's website.

Inducted to the WBT Hall of Fame in 2017, John arrived in the Queen City and at WBT in December of 1990, and has helped shape the discussion in Charlotte ever since.  Having become woven into the fabric of the city, John’s unconditional commitment to the Kids First of the Carolinas holiday bike drive, his annual “Father’s Day” show, and his overwhelming service to the community have made him truly Charlotte’s Most Beloved.

“No one will know how much of his time and energy John has given to serving this community.  He is, by every measure, a success and a true Charlotte treasure,” said Matt Hanlon, Senior Vice President and Market Manager, Entercom Charlotte.



“How Lucky am I? Three decades at an historic, three letter call, 50,000 watt Blowtorch in a dynamic city of growth. I am humbled. It's just time to do something else. I've been in and around radio for almost 50 years. WBT and Entercom have been great. I'll keep a tether to the station and my clients, and to the magnificent people of Charlotte. When I set out on a radio career in 1970.[KBCO/KADE Boulder, CO, WARM, Scranton PA Y-103 WIVY, Jacksonville, FL] I could never have imagined the great people and places that would cross my path. Thank You Charlotte!!!” said John Hancock.

PA Radio: 7MM To Acquire Two Stations From Connoisseur

Seven Mountains Media has announced its intention to acquire Connoisseur Media’s Stroudsburg, PA’s stations HotAC WSBG 93.5 FM and Sports WVPO 840 AM.

In less than 5 years, Seven Mountains Media has acquired 41 signals serving seven markets in Pennsylvania and the Southern Tier of New York State. Owner and CEO Kristin Cantrell, is delighted with the rapid pace of growth and success across PA and NY. 
“We are honored and proud to continue the great tradition of radio by investing in our stations, our people and our towns, while also incorporating innovation and technology into every aspect of our operations. It is an exhilarating time to be in the radio business,” said Ms Cantrell.

Seven Mountains Media’s Chief Operating Officer, Jim Loftus said “WSBG and WVPO are heritage stations that will be a perfect fit into the 7MM family. As a lifelong Pennsylvania broadcaster and a resident of the Northern Poconos, I am thrilled to welcome these iconic stations and staff into Seven Mountains Media!”

Connoisseur Media CEO Jeffrey D. Warshaw said “With our Bridgeport/Allentown swap with Cumulus, we are pleased to find a local home for our Stroudsburg stations with a terrific broadcaster. We will miss the great people at these stations, but know they will be in good hands.”

W-VA Radio: Craig Bommer To Manager iHM Wheeling Cluster

Craig Bommer
iHeartMedia has announced that Craig Bommer has been named Market President for the Wheeling/Parkersburg markets.


As Market President, Bommer will work with the programming, business and sales teams for all station brands to provide quality programming as well as create new revenue opportunities. Bommer will report to Tim McAleer, Region President for iHeartMedia Pittsburgh and West Virginia.

Bommer is a marketing and sales veteran and has been in the Wheeling/Parkersburg market for 17 years. He also served as the vice president of business operations for the Wheeling Nailers. He began his career at iHeartMedia in 2016 as the senior vice president of sales for the Wheeling/Parkersburg markets and is a graduate of West Liberty University.

“Craig has gone above and beyond and has truly excelled in his role as Sales Manager for the Wheeling/Parkersburg markets,” said McAleer. “I am excited for Craig to lead and demonstrate his leadership capabilities as Market President by helping to grow each markets revenue.”

“I’m excited to be leading the iHeartMedia Wheeling/Parkersburg team,” said Bommer. “This opportunity is a new and exciting challenge in my career path, and I look forward to working with everyone to help build upon the success each market has achieved.”

Orlando Radio: CMG Promotes JC Campese To DOS


Cox Media Group (CMG) Orlando has announced the promotion of JC Campese to director of sales for CMG Orlando Radio. 

JC  Campese
In his new role, Campese will lead and oversee sales operations for Orlando’s radio brands, including Urban WCFB-FM, Country WWKA-FM, CHR WPYO-FM, Sports WDBO-AM, News WDBO-FM and Classic Hits WMMO-FM, and the market’s digital media platform, Local Solutions.

“JC’s unique background in events, sales and digital combined with his creativity and passion for building and maintaining relationships make him the perfect fit for our director of sales role,” says Jason Meder, general manager of CMG Orlando. “He is well-respected in the industry and is committed to delivering top results for our customers.”

Campese started his career with CMG in 2000 as a director for Cox Events Group. He was promoted to director of digital sales in 2009 then earned the title of general sales manager in 2012. Prior to joining the Cox team, Campese worked for CBS Radio in Orlando.

“I’m excited for the opportunity to continue working with the best team in broadcasting at CMG Orlando,” says Campese. “It’s truly an honor to be leading the sales organization and I look forward to continued success with this great team.”

Chicago Radio: Goli Sheikholeslami To EXIT Non-com WBEZ

Goli Sheikholesslami
Chicago Public Media CEO Goli Sheikholeslami announced Wednesday she will leave her post to assume a similar position at New York City’s public radio station, ending a record-setting run as arguably the most influential woman in Chicago journalism, according to the WBEZ 91.5 FM website.

During her five-year tenure atop Chicago’s National Public Radio affiliate, Sheikholeslami positioned WBEZ as a thriving journalism outlet, presiding over a steep growth in revenues, listenership and hiring.

In a move she characterized as “bittersweet,” Sheikholeslami will take the helm of New York Public Radio in early October, an outlet roughly three times the size of WBEZ.

But Sheikholeslami, a member of the National Public Radio board of directors, said she regards her time in Chicago, in transforming WBEZ into a financially secure media enterprise, as a professional pinnacle.

“For someone in the media business for 25 years, the past five have been the most fulfilling of my career,” Sheikholeslami said in an interview Tuesday night. “We’ve been building this vibrant, healthy, local newsroom at a time when all across the country newsrooms are shrinking and disappearing, and that’s what I’m most proud of.”

The one-time Washington Post digital executive took control of WBEZ in 2014 and immediately engineered a $2 million infusion of funds through a grant from the Pritzker Foundation. Since then, the nonprofit station grew from a $19 million-a-year budget to a roughly $31 million operation.

Univision Reports Revenue Dip

Univision Communications, which recently put itself up for sale, on Wednesday reported lower second-quarter earnings amid lower revenue and higher operating expenses.

Univision, led by CEO Vincent Sadusky, during an analyst call discussed the current sales process for the company as rival media players were urged to be quick to kick the tires of the Hispanic media giant. "You've got to give this thing a good hard look. This is the last opportunity for this asset to trade," Sadusky insisted.

During the latest financial quarter, Univision reported second-quarter earnings from continuing operations of $92.0 million, compared with a year-ago profit of $121.3 million, down 24 percent. Quarterly adjusted operating income before depreciation and amortization (OIBDA), another profitability metric, dropped 14 percent to $265.7 million.

Vincent Sandusky
Quarterly revenue declined 4 percent to $701.7 million, with core revenue down 3.5 percent to $694.5 million, including a 1.1 percent drop in media networks unit core advertising revenue. Total networks unit advertising revenue fell 2 percent to $347.2 million "due to declines in television advertising revenue, partially offset by higher digital advertising revenue."

Radio revenues were also down 4.6% to $61.7 million from $64.7 million, while radio advertising revenue decreased 6.2% to $57.9 million from $61.7 million. Core radio ad revenue fell 4.6% to $55.7 million from $58.4 million. Non-advertising radio revenue increased to $3.8 million from $3 million from the year-ago period. Adjusted OIBDA decreased 14 to $265.7 million from $308.8 million.

Media networks unit non-advertising revenue, including carriage fees and content licensing, declined 6.2 percent to $292.8 million in the latest period.

Subscriber fee revenue in the quarter reached $263.3 million, down from $279.6 million in the year-ago period. Univision this year had a carriage dispute with Dish Network, which it settled late in the first quarter.

Sadusky told analysts Univision would continue to see subscriber fee evenue declines away from its newly-signed deal with Dish, in line with the rest of the pay TV industry. "We're behaving as the ecosystem behaves," he said.

Besides recent stepped-up investments in programming and ad sales to draw Hispanic audiences and marketers, Sadusky pointed to "mid single-digit" growth in ad revenue after the recently completed 2019/2020 upfront sales cycle, combined with even stronger growth on the digital advertising front.

San Diego Radio: KFMB-FM Adds Dave Mason For Weekends, Fill-In

Dave Mason
KFMB 100.7 fM San Diego announced Wednesdayday that Dave Mason is joining the weekend on-air team. In addition to doing weekends, he will also help fill-in elsewhere as needed.

Mason has been in radio since his junior year of High School in Rochester, NY. His radio travels have taken him to radio stations in Buffalo, Pittsburgh, Cincinnati, Los Angeles, Nashville and, for the past 20 years, San Diego.

Director of FM programming, Mike V. Vasquez, said, “Our team is made up of radio fanatics, which makes Dave an ideal fit! His level of experience and passion will be a tremendous addition to our team and we’re eager to get him on-the-air.”

Mason added, “Joining 100.7 San Diego is a thrill for me in sharing some of the best music ever and doing what I love to do, which is have fun on the radio. It’s great to be part of a station that super-serves the musical tastes of San Diego. I’m proud to be joining 100.7 San Diego’s legendary staff.”

NYC Radio: Howie Rose Selected for NYS Baseball Hall

Howie Rose
Entercom has announced WCBS 880 AM New York Mets play-by-play broadcaster Howie Rose has been selected to the 2019 class of the New York State Baseball Hall of Fame. 

The Hall of Fame honors players, executives, broadcasters, team staff and other influential members in baseball in the state of New York. Rose will be honored at an induction ceremony on November 3 in Troy, NY.

“Howie is an iconic voice for the New York Mets franchise and has served as a stalwart for the team’s coverage for over three decades,” said Susan Larkin, Regional President and Market Manager, Entercom New York. “This distinguished honor further cements Howie’s stature in the sports broadcasting industry and we’re proud that he is part of our team.”

“Howie is certainly one of the very best announcers in sports history,” said Rene M. LeRoux, Executive Director, New York State Baseball Hall of Fame. “His record of broadcast excellence in multiple sports is well documented.”

“I’d like to thank the New York State Baseball Hall of Fame for including me in an impressive group of inductees this year,” said Rose. “I’m honored to be part of a collection of some of the biggest names in baseball history.”

Howie Rose has served as lead play-by-play broadcaster for Mets baseball since 2006 on sister station WFAN (WFAN-AM/FM) and WOR in New York. Rose had a previous stint with WFAN from 1987 to 1995, holding various roles including host of “Mets Extra,” pregame and postgame host for Mets broadcasts and play-by-play broadcaster for New York Rangers hockey games. He also served as television play-by-play announcer for Mets baseball games for Fox Sports New York/MSG from 1996 to 2003 and New York Islanders hockey games for Fox Sports New York since 1995 to 2016.

Rose has been honored for his career in broadcasting, including two Emmy Awards, a Broadcast Media Award from the Nassau County Sports Commission, a Dick Young Award from the New York Baseball Scouts and a New York State Sports Broadcasters Award. Rose was inducted into the National Jewish Sports Hall of Fame and Museum in 2012.

Media Stocks Slammed


Shares in Viacom and CBS both declined more than 8% Wednesday as investors absorbed the details of the companies’ long-awaited merger during a broader stock market retreat.

According to deadline.com, CBS stock closed at $44.62, 8% lower, and Viacom at $26.72, down 8.5%. Worries about weak economic data from China and Germany, as well as movement of Treasury bond yields, a key metric that can signal a potential recession, sent the Dow 30, Nasdaq and S&P 500 down sharply, with the Dow losing more than 800 points.

President Donald Trump returned to his Twitter battle station, assailing “clueless” Federal Reserve policy as the root cause of the “CRAZY INVERTED YIELD CURVE” (capitals his).

In the media and tech sectors, Viacom and CBS took some of the biggest hits. The only other stocks as much in the red were Discovery, AMC Entertainment, Nexstar Media Group and Sinclair Broadcast Group, all down between 7%-9%.

Bundled into this grim macroeconomic portrait was the day-after verdict of the market on the Viacom-CBS merger, which was formally unveiled Tuesday.

The long-awaited deal had long ago been priced in by most Wall Streeters. A day after the big reveal, though, the $30 billion, all-stock transaction has drawn some downbeat assessments from analysts, mostly on the CBS side. The main issue nagging at some analysts is the perceived risk of the merger tying an established, cash-generating larger player like CBS to the smaller and still-rebounding Viacom.

CBS, Viacom Marriage Poised To Fuel New Ad Technology

The logic of the CBS, Viacom merger, which would create a company valued at $30 billion, is that greater scale will give the company a leg up in all areas of their business—more leverage in negotiations over carriage fees with cable- and satellite-TV distributors, for example, and more programming to sell into a competitive streaming marketplace. Advertising is no different; bigger players have many advantages, reports The Wall Street Journal.

Acting CBS Chief Executive Joe Ianniello this week emphasized the companies’ wide reach among consumers. “And when you combine that reach with our targeting capabilities, the advanced advertising opportunity we’ll have together will be far greater than we would have from either company alone,” he said.

For CBS, which has been successful in selling its sports and entertainment programming but has been less aggressive about developing new ad capabilities, the deal could mean an infusion of data and tech prowess from Viacom, according to advertising executives. Viacom owns and licenses Vantage, a technology platform that helps advertisers figure out which of its TV channels best reach their target audiences. When Viacom last week reported a return to domestic ad growth after 20 quarters of declines, it partly credited its advanced advertising services.

Advertisers, meanwhile, are increasingly pressuring TV networks to help them find programming that reaches more specific audiences, such as car buyers or beer drinkers, instead of the traditional but broad demographics such as women 18 to 49 years old. They also are looking for ways to control how frequently the same viewer sees an ad.

The merger also could boost ad-supported streaming video in a landscape where ad-free options like Netflix and HBO loom large. CBS was among the first TV businesses to launch a streaming service, called CBS All Access, in 2014, and Viacom this year acquired streaming service Pluto TV.

Ad buyers said they hope ViacomCBS, through its libraries of content and existing individual investments in streaming services, will create a viable competitor that is ad-friendly.

New Deal: Disney, Charter Agree On Distribution

Charter Communications and The Walt Disney Company have announced a comprehensive distribution agreement to continue to deliver Disney’s lineup of premier sports, news and entertainment content to Spectrum customers. It expands upon the previous deal and supports the companies’ mutual goal to deliver the best video content to customers across multiple platforms.

The new agreement contemplates Charter’s future distribution of Disney’s streaming services, including Hulu, ESPN+ and the soon-to-be-launched Disney+. Spectrum TV will also offer customers access to ESPN’s upcoming ACC Network when it launches on August 22. Additionally, Disney and Charter have also agreed to work together on piracy mitigation. The two companies will work together to implement business rules and techniques to address such issues as unauthorized access and password sharing.

Spectrum TV will also continue to provide its customers widespread access to ABC, Disney Channel, Disney Junior, Disney XD, Freeform, ESPN, ESPN2, ESPN3, ESPNU, ESPNEWS, ESPN Deportes, ESPN Goal Line, ESPN Bases Loaded, SEC Network, Longhorn Network, and the newly acquired networks of FX, FXX, FXM, Fox Life, National Geographic, Nat Geo Wild, Nat Geo Mundo, and BabyTV.

“This agreement will allow Spectrum to continue delivering to its customers popular Disney content, makes possible future distribution by Spectrum of Disney streaming services, and will begin an important collaborative effort to address the significant issue of piracy mitigation,” said Tom Montemagno, EVP, Programming Acquisition for Charter.

Added Sean Breen, SVP, Disney Media Distribution: “Our new agreement with Charter allows us to continue serving Spectrum TV customers with the full value of the Walt Disney Television and ESPN networks, including the newly acquired FX and Nat Geo networks. ACC fans can also rest assured that they will be able to watch their favorite teams on Spectrum, one of the largest distributors across the ACC footprint, when ACC Network launches next week.”

CNN Having Bad Week

April Ryan, Chris Cuomo, Don Lemon
It’s been another rough week for CNN as the network suddenly has a plethora of off-screen issues in addition to its usual ratings struggles.

“Just when one thought things couldn't get any worse for CNN, they did,” NewsBusters managing editor Curtis Houck told Fox News.

“In CNN's current form, they've always had putrid ratings, disingenuous personalities and a pathetic inability to simply cover the news – instead fear-mongering the small, anti-Trump audience into submission – but this past week was possibly the worst ever in totality.”

The liberal news network started off the week making headlines for the wrong reasons. “CNN Tonight” host Don Lemon was accused in a civil suit of a sexually charged assault of a bartender in New York's posh Hamptons area last year. The same evening that the Lemon news broke, on Tuesday, video circulated of CNN political analyst April Ryan looking on while a local New Jersey news editor appeared to be violently removed from an event where she was a keynote speaker.


The Lemon and Ryan headlines came less than 24 hours after video of “Cuomo Prime Time” namesake Chris Cuomo threatening a man who called him “Fredo” went viral, capturing the attention of President Trump in the process.

"This was not a good week to be CNN. In addition to its abysmal ratings, three of its top news personalities are embroiled in scandal and controversy," Cornell University Law School professor and media critic William A. Jacobson told Fox News.

"In a rational world, CNN leadership would implement a dramatic course correction, but there is no sign that rationality prevails at CNN,” he said.

The CNN host is the younger brother of Andrew Cuomo, the Democratic governor of New York. But Cuomo’s outburst over being referred to as “Fredo,” a reference to Fredo Corleone, the weak and facile brother in the movie “The Godfather,” has been labeled hypocritical because several CNN personalities have used the exact reference to mock President Trump’s children.

CNN’s public relations team called the remark “an ethnic slur” and Cuomo compared it to “the N-word” for Italians. But CNN and the “Cuomo Prime Time” host didn’t seem to think the word was some sort of vile smear in the past.

The New York Post unearthed an old video in which Cuomo playfully referred to himself as “Fredo” during a 2010 radio interview and CNN’s Ana Navarro used the moniker to belittle Donald Trump Jr. earlier this year on Cuomo’s very own show. Cuomo didn’t reprimand Navarro for using the term that he now feels is equivalent to “the N-word.” CNN anchor Jake Tapper has also used the term, while CNN legal analyst Paul Callan used it in an op-ed earlier this year.

CMA Voters Struggle With 'Old Town Road' Consideration

Billy Ray Cyrus, Lil Naz X
Though Lil Nas X has broken chart records and become a streaming juggernaut with his breakout country rap hit “Old Town Road” with Billy Ray Cyrus, the song faces an uphill challenge to get a nomination for a CMA award. reports The Associated Press.

Ballots have gone out for nominations for the Country Music Association Awards, but some voters are struggling to decide how to recognize the musical phenomenon of the year, which has become the longest running No. 1 song in the history of Billboard’s Hot 100.

Billboard decided “Old Town Road” wasn’t a country song and pulled it off country charts early on, but the song made enough of an impact anyway that it became eligible for a number of CMA categories this year, including single of the year and song of the year. CMA voters, which include musicians, producers, songwriters, touring professionals, country radio employees and others, vote in three ballots with the final nominations typically being announced in late August or early September. The award show will air Nov. 13.

But there are already signs that the song isn’t getting wide support. It failed to get enough votes in the major song categories. The song only earned enough votes to be considered in the musical event category on the second ballot, which went out to voters Monday.

Shane McAnally, one of country’s biggest hit-makers who has written for Sam Hunt, Kacey Musgraves, Kenny Chesney and more, said he’s been impressed with the way the song has resonated with fans, but it never felt country to him.

“I just think country people do not see that as a country song,” said McAnally, who is co-president of Monument Records and one of three producers on NBC’s song competition series, “Songland.” ″Pop listeners think it’s a country song.”