December 17 Radio History

Katherine Raht, House Jameson

➦In 1902...actor House Jameson was born in Austin, Texas.

Success on Broadway led to a starring role in CBS radio’s Renfrew of the Mounted, and the part for which he is beloved, playing father over the 14 year run of NBC’s The Aldrich Family.  When the family comedy went to TV in 1949 he was the only radio cast member to move with it.  His many guest appearances on TV through the 1960’s were highlighted by recurring roles on the soaps The Edge of Night and Another World.

He died April 23 1971 at age 68.

➦In 1926...WCBS signed-on (as WABC)

The station's history traces back to 1924, when Alfred H. Grebe started WAHG at 920 AM. WAHG was a pioneering station in New York, and was one of the first commercial radio stations to broadcast from remote locations including horse races and yachting events. Two years later, in 1926, Alfred Grebe changed the station's call sign to WABC (for his Atlantic Broadcasting Company) after concluding a business arrangement with the Ashland Battery Company (which had owned the call sign for a station in Asheville, North Carolina) and moved his studios to West 57th Street, which would not be the last time the station would operate from 57th Street.

In 1928, General Order 40 moved the station's frequency to 970 AM, and the station became a part-time affiliate of the Columbia Broadcasting System, which was looking for a full-time radio presence in New York City (CBS's first flagship was WOR). After a short time broadcasting CBS programming three days a week, CBS president William S. Paley purchased WABC and it became a subsidiary of CBS.

Soon after this purchase the station moved to a new frequency, this time to 860 AM, and would eventually increase its transmitting power from 5,000 to its present 50,000 watts. The station also moved its studios into the CBS headquarters at 485 Madison Avenue (on the corner of 52nd Street). The station, still operating as WABC, featured a mix of local interest programming, ethnic content and music programs from CBS's national feed. As time went by, WABC turned more and more to the national programming provided by CBS and its affiliates, and its broadcast day was influenced by CBS's growing interest in news programming. In 1939, the broadcasting operations were moved across 52nd Street from the headquarters to the new CBS Studio Building. In 1941, WABC moved to the frequency it currently occupies, 880 AM, and changed its call letters to WCBS on November 2, 1946, to identify more closely with its parent network, the Columbia Broadcasting System or CBS, and avoid possible confusion with the rival network of the American Broadcasting Company (ABC), which had begun operation in 1943.

As a result, this station has no relation to the longtime ABC radio flagship station on 770 AM that began in 1921 as WJZ, and has operated as WABC since 1953.

➦In 1926...KYA San Francisco, California was licensed.  It signed-on 12/18/1926.

KYA went on the air on 18 December 1926, with 500 watts on 970 kHz from the Clift Hotel in San Francisco. The owners were Vincent I. Kraft of Seattle, who had started KJR (AM) there; and Frederick C. Clift of San Francisco. It got a license for 1000 watts on 850 kHz in November 1927. Its studios moved to the Warfield Theatre Building at 988 Market Street, but the transmitter stayed at the Clift Hotel.

In November 1928 moved to 1230 kHz as part of a nationwide frequency reshuffling, and joined the Columbia Broadcasting System. By May 1929 its transmitter was reported to be at 680 Geary Street at Taylor Street. The station licensee went bankrupt in August, and KYA was transferred to a new corporation by the end of 1929. The transmitter facility was moved again, on 25 June 1930, to the Whitcomb Hotel.  Having moved to various locations around the radio dial during the chaotic early days of broadcasting, KYA was assigned permanently to 1260 kHz as a result of NARBA in 1941.

"The Boss of the Bay" - KYA as a Top 40 Rock Station

In the mid-1950s, KYA made its mark as a rock and roll station. KYA was for many years the leading Top 40 music radio station in the Bay Area, until the stronger-signalled KFRC switched to the format in 1966. From time to time, up through 1970, KYA would again beat KFRC in the Arbitron ratings, but KYA's dominance was truly over after the mid-60's.  Former KYA morning man and legendary radio programmer Bill Drake went on to consult KFRC to its ratings success; it was at KYA that Drake first made his mark as program director. KYA was also instrumental in the careers of future sportscaster Johnny Holliday, audio and electronics store pitchman Tom Campbell, Hall of Fame disc jockey and underground radio pioneer Tom Donahue (a/k/a "Big Daddy"), and Tommy Saunders, who retired from KYA's successor, KOIT, in 2006.

Other notable disc jockeys who plied their trade on KYA's airwaves in the 1960s included Les Crane, (air name Johnny Raven), Casey Kasem, Jim Stagg, Bobby Mitchell, Norman Davis, "Emperor" Gene Nelson, Peter Tripp, Tony Bigg, Russ "The Moose" Syracuse, Chris Edwards, Ed Hider, Johnny Holliday, Bill Holley (a cousin of Buddy Holly), Bwana Johnny, and Gary Shaffer. The 1970's saw a staff that included Christopher Cain, Roger W. Morgan, Jay Stone, Scott Thomas, Steve Jordan, Jimmy "Jet" Powers, Gary Mora, and Michael Rivers.

In December 1979, KYA AM & FM flipped to a light album rock format under the title "Easy Rock 93." Within months the AM station would flip again, this time to an oldies format while the FM station would continue the light album rock format as KLHT (K-LITE). Morgan, Mora, and Syracuse would be brought back to revive the station from its heyday. This format would hold until the station was sold in 1983.

KYA's dominance was basically over by the late 1960s when FM stations began playing rock 'n' Roll and gained large chunks of the audiences.




In mid-2007, Bonneville reached an agreement to sell the 1260 AM frequency to IHR Educational Broadcasting. IHR took over the station's operations in December of that year under a time-brokerage agreement, and officially closed on the station on February 1, 2008.

In 2007, KOIT-AM, the former 1260/KYA, became KSFB, a Catholic-oriented station owned by Immaculate Heart Radio. Ironically, KYA's chief Top 40 rival in the 1960s and 1970s, KFRC (610 AM), is now the Christian-oriented KEAR (the KFRC call letters would return in January 2009, this time at 1550 AM replacing KYCY and the station is owned by CBS Radio).

On December 10, 2007, a religious format came to 1260 AM; the call sign was changed to KSFB. KSFB is part of one of the largest Catholic radio network in America, and its daily broadcasts include daily mass and rosary.




➦In 1936...Edgar Bergen became the first ventriloquist to successfully perform on national radio as he and Charlie McCarthy appeared on NBC's "The Royal Gelatin Hour," hosted by singer/bandleader Rudy Vallée.




➦In 1955...Carl Perkins wrote "Blue Suede Shoes." Less than 48 hours later, he recorded it at the Sun Records studio in Memphis.

Carroll James

➦In 1963...Carroll James Jr. became the first American Disc-Jockey to air a Beatles record on radio station WWDC in Washington, DC. That was two months before the Beatles were on the “Ed Sullivan Show.” Carroll played ‘I Want To Hold Your Hand’, which he’d obtained from his stewardess girlfriend, who brought the single back from the UK.

James won a place in Beatles mythology as the first disk jockey to play the group's records on American radio. But D. L. MacLaughlan, a Beatles researcher at UCLA, has found playlists and top-40 charts from radio stations around the country that predate Mr. James's broadcast by as much as 10 months. The earliest was WLS in Chicago, which began playing ''Please Please Me'' in February 1963. Nevertheless, the Beatles and Capitol considered Mr. James's advocacy helpful, and invited him to be the master of ceremonies at the group's first American concert, at the Washington Coliseum.

James died from cancer in 1997.

➦In 1976...Ted Turner's WTCG-TV in Atlanta changed call letters to WTBS and its signal was sent via satellite to cable systems all over the U.S. – the first commercial TV station to cover the entire country – making it the first TV "Super Station."

➦In 1986...Wayne Newton won a $19.2 million suit against NBC News. The network had aired reports claiming a link between Newton and mob figures, reports later proven to be false.

➦In 1987...WPLJ NYC calls were changed to WWPR ("World Wide Power Radio") and 95.5 became "Power 95." However, a year later - December 21, 1988 - calls were changed back to WPLJ and "Power 95" was dropped.

Richard C. Hottelet 1944

➦In 2014…Richard C. Hottelett, who spent more than four decades reporting news for CBS and was the last of the original "Murrow's Boys," wartime journalists hired in the 1940s by Edward R. Murrow, died at the age of 97.

➦In 2016…Radio personality (Rockline, Los Angeles stations KLOS, KCBS-FM, KMET, KZLA, KLSX) Bob Coburn died of lung cancer at age 68.

Pittsburgh Radio: Family-Owned KQV-AM Shutting Down

No more imploring to “Give us 22 minutes, we’ll give you the world.” No more looking ahead to “traffic and weather on the 8’s.”

KQV 1410 AM — with a broadcasting history that dates back nearly 100 years, the last 42 of them with a rare all-news format — is preparing to go off the air at year’s end.

The Pittsburgh Post-Gazette reports Robert W. Dickey Jr., the station manager whose family has owned or co-owned the station since 1982, delivered that news Friday morning to most of his 20 employees gathered in the KQV office at Centre City Tower Downtown.

KQV 1410 AM (5 Kw, DA2)

The station made no immediate on-air announcement and doesn’t plan any until Dec. 31, Mr. Dickey said. He calls the plan a “suspension” of broadcasting, allowing for the possibility some investor or buyer may come along in the interim, though he’s made no active efforts to sell KQV.

“Candidly, I think it’s a sad day for broadcasting,” he said in a phone interview. “It’s fair to say we’ve been trying to provide a community service. The bottom line is I just can’t sustain the business model. We’re an independent, labor-intensive format, and we were happy to take it on as long as we could financially do it.”

Mr. Dickey, 61, whose sister and business partner, Cheryl Scott, died last month, said KQV would continue all of its existing programming until the end of the year. After that, he’s not sure what, if anything, anyone will hear when tuning in the future to 1410.

“If you tune to us on Jan. 1, you probably won’t hear anything,” he said.

That will be a switch for many Pittsburghers, whether they are news junkies or baby boomers who grew up in the 1960s and early ‘70s using KQV as their source to first hear rock music.

As FM became the primary format to hear music on the radio, KQV switched to an all-news-all-the-time format in 1975. Mr. Dickey’s father, the late Robert W. Dickey Sr., was a station manager who got financial backing from billionaire Richard Mellon Scaife to form Calvary Inc. and purchase the station from Taft Broadcasting in 1982.

The senior Mr. Dickey died in 2011, and before Mr. Scaife’s own death, he sold his shares to the Dickey family in 2013. Mr. Dickey Jr. and his sister ran it, with her as president and business manager, and Mr. Dickey said it became clear it would be increasingly difficult after her recent passing to continue.

The news format, due to the salary costs of the necessary number of reporters, editors and announcers involved, is much more costly than music programming on radio, Mr. Dickey said. But he did not consider a format change at the station, he said, because of his family’s longtime focus on delivering news as a mission.

“We perceived the world of reporting on the news as a sacred one,” he said. “What made this worthwhile is not that we were making money, but that we were doing something important.”

Courtesy of  Jeff Roteman's Tribute Website

The FCC has traditionally listed KQV's establishment date as January 9, 1922.  However, station management has generally traced its history to predecessor activities beginning on November 19, 1919, although documentation for this earlier period is limited. In addition, station co-founder F. C. Potts maintained that the station should only be considered to date to late 1921, when the first license with the KQV call letters was issued.

According to Wikipedia, KQV's original owner was the Doubleday-Hill Electric Company. Doubleday-Hill was a well established seller of electrical equipment, whose offerings included radio equipment (then also called "wireless").

During World War One the U.S. government had prohibited the operation of radio transmitters by civilians, and the ban wasn't lifted until October 1, 1919. Shortly thereafter, Doubleday-Hill's radio department manager, Francis C. Potts, announced that the company was in the process of installing a De Forest radiotelephone transmitter, to be used for communication with a second station to be located at the company's branch store in Washington, D.C.   A month later, in late November, Potts reported that the company had been unable to obtain the commercial license needed to operate the business plan, however, "a special amateur license has been applied for, to cover the wireless telephone demonstration station which the company has ordered installed and which is expected to be opened in the near future".

In late January 1920 it was announced that "The latest type of radiophone, developed and produced in the laboratory of Dr. Lee De Forest at New York, has just been installed in the downtown store of the Doubleday-Hill Electric Company.   A week later it was reported that "On last Tuesday evening [January 27, 1920], the Doubleday-Hill Electric Company made a preliminary test of their new radiophone equipment, by rendering a short concert of about 15 selections, including many popular numbers, as well as operatic and classical pieces."  Two weeks later saw the announcement that "The radiophone musical concerts promised the local amateurs by Doubleday-Hill Co. will start this week and be given regularly hereafter on a schedule which is, for the present, Tuesday and Thursday evening, from 7 to 10 p. m. All the latest popular music will be played and records changed for each concert. Messrs. Williams and Devinney will operate the radiophone for these concerts."

In late 1920 the Westinghouse Electric & Manufacturing Company in East Pittsburgh launched an ambitious broadcasting service, and its efforts soon overshadowed Doubleday-Hill's earlier broadcasts. Westinghouse's first station debuted on November 2, 1920 as 8ZZ, soon becoming KDKA. In 1946, a KDKA promotional pamphlet claimed that it had conducted "the world's first regularly scheduled broadcast".   KQV, and a number of other stations, countered that they had broadcasting histories that predated KDKA. Based on their heritages, both KQV and KDKA have claimed to being the oldest broadcasting station in Pennsylvania. (A local Westinghouse engineer, Frank Conrad in nearby Wilkinsburg, Pennsylvania, preceded both efforts, conducting a series of semi-regular entertainment broadcasts at his experimental station, 8XK, that began on October 17, 1919. He suspended his broadcasts shortly after KDKA debuted.)

KQV's initial license in the fall of 1921 was the first one issued in the name of Doubleday-Hill, and the first to receive the KQV call letters. Moreover, in the same September 1934 newspaper article in which the KQV staff dated the station's founding to the predecessor 1919 activities, F. C. Potts was quoted as stating that in his opinion KQV's founding shouldn't be considered to have occurred until two years years later, when the first KQV license was issued, endorsing an earlier slogan that the station was "On the Air since 1921".

On November 11, 1928, a major reallocation resulting from the Federal Radio Commission's General Order 40 assigned KQV to a "regional" frequency, 1380 kHz. In 1932 the station was sold to H. J. Brennan. On March 29, 1941, under the provisions of the North American Regional Broadcasting Agreement, all the stations on 1380 kHz were shifted to 1410 kHz, which has been KQV's dial position ever since.

In 1944 the station was sold to Allegheny Broadcasting — the sale was necessary because both KQV and WJAS were under common ownership, and the FCC no longer permitted multiple AM station ownership within a community.   A 1947 station advertisement, promoting its power increase to 5,000 watts, described KQV as "Pittsburgh's Aggressive Station".





In 1957 the station was once again sold, this time to the American Broadcasting Company-Paramount (ABC). During the late 1950s, 1960s and 1970s KQV was quite successful as a top 40 station, with Count John K. Chapel a popular radio personality during most of this period. Known over the years as "Colorful KQV," "Audio 14," "Groovy QV," and "The Big 14", KQV premiered its top 40 format on January 13, 1958, and is remembered for its high-profile, high-energy personalities, such as Robert Wolfson a.k.a. Bob Wilson,  Chuck Brinkman, Hal Murray, Dave Scott, Steve Rizen, Dex Allen, Jim Quinn, future game show announcer Rod Roddy, and their large-scale promotion of a Beatles concert at Pittsburgh's Civic Arena in 1964.

During this time KQV broadcast from its showcase studios on the ground floor of the Chamber of Commerce Building ("on the corner of Walk and Don't Walk," as the DJs would say) in downtown Pittsburgh, where the disk jockeys could be watched through a large window.

'Jeff Christie' - 1974

The station was dominant among young listeners throughout the 1960s, and was a major force introducing Pittsburgh to new music and artists such as Sonny & Cher, the Rolling Stones, the Supremes, the Beach Boys, the Dave Clark Five and others.

KQV ratings began to slowly decline after 1970, with the rise of FM radio (including its then-sister station WDVE, which had begun operation in 1948 as KQV-FM). One of KQV's top-40 personalities in the 1970s, with the on-air name of "Jeff Christie," later became famous as a talk-show host under his real name, Rush Limbaugh.

In 1974, another upstart competitor — AM station "13Q" WKTQ, the former (and current) WJAS — also made serious inroads competing against KQV, which briefly turned to the "14K" brand. At the end of the year, ABC Radio sold both KQV and WDVE to Cincinnati-based Taft Broadcasting.  Taft made another attempt at Top 40 on KQV, this time with a far more radical presentation, with Joey Reynolds as program director, before dropping the format altogether. Its final night as a top 40 station was October 14, 1975, with Neil Diamond's "Brother Love's Travelling Salvation Show" played as the final song.

The next morning, October 15, 1975, KQV switched to its present all-news format, carrying NBC Radio's 24-hour News and Information Service. Even though NBC cancelled this service two years later, KQV continued as an all-news station with local elements.

In 1982 Taft executives told KQV's general manager, Robert W. Dickey (no relation to the Dickey family that founded the Cumulus Media conglomerate), that it intended to sell the station.  Hoping to avoid a potential format change that often results from an ownership shift, Dickey decided to make a bid to buy the station. He received financial backing from newspaper publisher Richard Mellon Scaife and together they formed Calvary, Inc., purchasing the station from Taft that same year.

Dickey died on December 24, 2011,  his estate remained a partner in the station's ownership, with Robert W. Dickey Jr. succeeding his father as general manager. Dickey Jr.'s sister and station co-owner, Cheryl Scott, died in November 2017 at age 65.

On May 14, 2013, it was announced that Richard Mellon Scaife was selling his shares in KQV to the Dickey family, giving the Dickeys full ownership.  Scaife died a year later.

Click Here For Jeff Rotemans's KQV Tribute Website

NYC Radio: Mike Francesa Signs Off At WFAN

Sports radio legend Mike Francesa bid the WFAN 660 AM & 101.9 FM audience he entertained for 30 years farewell Friday with one last show.

The callers who lit up the airwaves since 1987 expressed their gratitude and admiration for Francesa, who took one final bow before beginning the next chapter of his illustrious career.

“Thirty years of this has been a blessing,” Francesa said during his final monologue. “It’s been a gift. It’s more than anybody could’ve ever hoped for. I’ve had the best job in the world.”

He closed out his show by thanking his fans.



“More than anything else going out, I want to thank you guys — the listeners, the audience — because without you, we don’t last a week, we don’t last a month,” Francesa said. “So what I’d like to say to you is I’ll miss you, I thank you, and from the bottom of my heart, I love you. Goodbye.”

ALSO READ: From Barrett Sports Media...Thank-you Mike Francesa. Click Here.

Lawmaker Wants Vote On Net Neutrality

The top U.S. Senate Democrat said on Friday he would force a vote on the Federal Communications Commission’s decision to repeal landmark net neutrality rules, but the move was unlikely to block a ruling that could reshape the digital landscape.

The FCC voted Thursday along party lines to reverse the Obama era rules barring internet service providers from blocking or throttling internet traffic, or offering paid fast lanes. A group of state attorneys general vowed to sue.

And now Reuters reports Senator Charles Schumer of New York on Friday said he would force a vote on the FCC action under the Congressional Review Act. Republicans scuttled internet privacy rules adopted under the Obama administration using the same procedural vehicle.

“There will be a vote to repeal the rule that the FCC passed. It’s in our power to do that,” Schumer said in New York. “Sometimes we don’t like them, when they used it to repeal some of the pro environmental regulations, but now we can use the CRA to our benefit and we intend to.”

Senate Majority Leader Mitch McConnell opposes Schumer’s effort and backed the FCC repeal, a spokesman for the Republican said Friday. A reversal of Thursday’s FCC vote would need the approval of the Senate, U.S. House and President Donald Trump. Trump also backed the FCC action, the White House said Thursday.

This week’s FCC order grants internet providers sweeping new powers to block, throttle or discriminate among internet content, but requires public disclosure of those practices. Internet providers have vowed not to change how consumers get online content. The FCC rules also seek to bar states from imposing their own net neutrality requirements.

'Net Neutrality' Is All About Government Control

Meanwhile, Kim Komando has posted a "My Take" piece on Net Neutrality. According to Komando, tech giant Google helped write the 2015 net neutrality rules and Google, YouTube, Amazon, Twitter, Snapchat, Facebook and the others were trying to assume a kind of moral high-ground, to control the flow of data.

According to Komando...“Net Neutrality” would have given the Federal Government and big tech the power to choose winners and losers online, in an egregiously partisan manner. “Net Neutrality” said nothing about neutrality and everything about governmental control and nepotistic picking of favorites, which is the very opposite of neutrality.

Click Here To Read More

FCC Expected to Drop $13.3M Fine On Sinclair Broadcasting

The Federal Communications Commission plans to fine Sinclair Broadcasting Corp $13.3 million after it failed to properly disclose that paid programming that aired on local TV stations was sponsored by a cancer institute, three people briefed on the matter told Reuters.

The proposed fine, which covers about 1,700 spots including commercials that looked like news stories that aired during newscasts for the Utah-based Huntsman Cancer Institute over a six-month period in 2016, could bolster critics of Sinclair’s proposed $3.9 billion acquisition of Tribune Media Co.

Sinclair Broadcasting and a spokesman for the FCC declined to comment. Sinclair, which has told reporters previously the violations were unintentional, disclosed the investigation in financial filings.

Sinclair, which owns more than 170 U.S. television stations and is the largest U.S. operator, announced plans in May to acquire Tribune’s 42 TV stations in 33 markets as well as cable network WGN America and digital multicast network Antenna TV, extending its reach to 72 percent of American households. The FCC and Justice Department are reviewing Sinclair’s proposed acquisition of Tribune.

The proposed fine, which was approved by the five-member FCC earlier this week but has not yet been made public, is significant, officials said. The penalty represents an average fine of about $7,700 for each of the improperly aired spots but is significantly less than the maximum fine Sinclair could have faced under the law.

Sinclair will have the opportunity to respond to the proposed fine before it becomes final.

SiriusXM To Pay Higher Royalty Rate

Sirius XM Holdings Inc. will pay almost 41% more for the music it plays on its satellite-radio service starting next year, the federal Copyright Royalty Board decided late Thursday, though labels and artists feel the increase still falls short.

The Wall Stree Journal report that beginning in 2018, SiriusXM will pay 15.5% of gross revenue through 2022. The rates for these types of compulsory, government-issued licenses that radio-type services rely on for music are decided every five years.

Recording Industry Association of America Chief Executive Cary Sherman called the decision “an important move in the right direction” but said “rates will remain short of what music creators actually deserve.”

“For more than a decade, SiriusXM pocketed billions of dollars on the backs of music creators by paying below-market rates while the company crowed about record profits and boasted a market cap about the size of the entire recorded music market,” said Mr. Sherman in a statement.

SiriusXM currently pays 11% of its revenue to SoundExchange Inc., which collects digital performance royalties on behalf of record companies and artists. SoundExchange then distributes that payout to artists and labels based on how often their music is played. By law, half goes to the copyright owner—usually a record label—and half goes to the performer of a song.

SoundExchange had proposed the new rate for Sirius either be more than doubled to 23% of revenue or be $2.48 per subscriber a month in 2018 with moderate annual increases—whichever is greater.

SiriusXM had more than 32 million subscribers at the end of the third quarter. About five million of those get the service free as part of a promotion like those car companies frequently offer. It reported $5 billion in revenue last year.

Meanwhile, the Copyright Royalty Board lowered the rate paid for cable and satellite TV music services provided by Music Choice and Muzak. These “preexisting subscription services,” which currently shell out 8.5% of gross revenue, will pay 7.5% for the next five years.

Disney-Fox Deal Could Cost Thousands Of Jobs

The expected synergies to come from Disney’s $52.4 billion purchase of most of Twenty-First Century Fox’s assets could mean job cuts of between 5,000 and 10,000 at the Mouse House once the deal closes, one media analyst said.

Disney, in announcing the dramatic acquisition on Thursday, said it expected “synergies” in combining the Fox assets with its own to range up to $2 billion.

Synergies are often code for layoffs.

But, reports The NYPost,  BTIG media analyst Rich Greenfield, in a report, said the synergies could swell to $2.5 billion.

The analyst explained that “a portion of the cost cuts will come from a reduction in film and television products as the combined company culls down to the best overall products with termination of projects resulting in less hiring.”

To get to its $2 billion goal, Disney will have to cut well over 5,000 jobs, Greenfield said.  That number could range as high as 10,000.

Disney declined to comment on the job cut estimate.

A source with knowledge of the deal said Greenfield “has zero information, and this is just pure speculation.”

The analyst said the Disney-Fox deal “will most certainly lead to higher consumer prices, bigger and fatter video bundles, less upstart virtual multichannel video programming distributors competition and a meaningful reduction in jobs.”

Disney’s Robert Iger Could Get $142M In Stock Awards

Robert Iger

Walt Disney Co. Chief Executive and Chairman Robert Iger could receive as much as $142 million worth of stock, at the current share price, under a new employment agreement he signed along with his company’s deal to acquire assets of 21st Century Fox Inc, according to The Wall Street Journal.

Iger’s new compensation structure came as the board of directors said it would extend his contract through 2021, from July of 2019, should the Fox deal close.

The amended employment agreement calls for Mr. Iger to receive restricted stock units worth about $27 million at the current share price in four installments between 2018 and 2021, according to a regulatory filing.

He is also eligible for additional equity awards that would be worth $115 million at the current share price. Those equity awards are performance-based and depend on Disney’s total shareholder returns compared with the total shareholder returns of the S&P 500 index.

He will receive a bump in his base salary almost immediately, however, to $3 million as of Jan. 1 from $2.5 million currently. If the deal is completed, his salary will grow to $3.5 million.

Once he is running Fox’s film and TV studio, cable networks, satellite services and other assets along with Disney in its current form, Mr. Iger’s annual target bonus, which is based on performance, would be increased to $20 million from $12 million. In fiscal 2016, he received $20 million, substantially more than the $12 million target, because his performance exceeded expectations.

His target long-term compensation award, a mixture of stock and options, will be $25 million. In fiscal 2016, he received $17.3 million.

Facebook: It's Not Us...It's You

Facebook said Friday that any harm brought about by social media is caused by user error.

“According to the research, it really comes down to how you use the technology,” David Ginsberg, Facebook’s director of research, wrote on a blog post.

The post — “Hard Questions: Is Spending Time on Social Media Bad for Us?” — was aimed at countering harsh attacks the social network had taken the past couple of weeks.

Critics claim Facebook and other social media were cheapening relationships across the country.

While Facebook admitted that in certain circumstances it can be bad for your health, most troublesome issues are caused by users.

“Just like in person, interacting with people you care about can be beneficial, while simply watching others from the sidelines may make you feel worse,” Ginsberg wrote in the blog post co-authored by Moira Burke, a research scientist.

The duo pointed to one experiment, which found that users who passively used Facebook — scrolling through their news feed and looking at posts and photos — were generally less happy than those who used the platform to engage with friends and loved ones.

The blog post comes the same week that a former Facebook executive was revealed to have bashed social media in general during a November talk at Stanford University.

Radio Personality Charges Gene Simmons With Harassment

Gene Simmons

A radio and television broadcaster on Friday, Dec. 15, sued musician and Rock & Brews restaurant co-founder Gene Simmons, alleging Simmons made unwarranted sexual advances during an on-camera interview Nov. 1 at the restaurant’s San Manuel Casino location in Highland.

According to The San Bernardino Sun, the lawsuit was filed in Los Angeles Superior Court and alleges the plaintiff, identified as “Jane Doe,” arrived with her crew at the restaurant, which was celebrating its recent expansion at the casino, to interview Simmons and his longtime Kiss bandmate and Rock & Brews co-founder, Paul Stanley.

According to the lawsuit, during the interview, which occurred on a couch in a designated “green room,” Simmons reached over and grabbed the woman’s hand and “forcefully placed it on his knee and held it on his knee.” The lawsuit states the woman immediately removed her hand from Simmons’ knee.

Simmons, the lawsuit states, continued his “unwanted, unwarranted sexual advances” by reaching for the woman’s hand again.

The woman’s attorney, Willie W. Williams, would not reveal where his client worked. The lawsuit identifies her as a “long-time on-air personality for a local rock station.”

“My client is embarrassed and humiliated by the incident with Mr. Simmons,” Williams said in a telephone interview Friday. He said his client is not seeking publicity and wished to remain anonymous.

“She filed suit because she wanted to make a strong statement that this behavior is unacceptable and she wants to see an end to this type of behavior,” Williams said.

Gene Simmons Sued for Sexual Misconduct on Scribd

Following the Nov. 1 interview, the woman posed with Simmons for a promotional photograph. That’s when Simmons “reached toward Plaintiff Doe’s buttocks and touched it,” according to the lawsuit.

Rap Artist Nelly Will Not Face Rape Charges

Nelly

The rapper Nelly will not face rape charges because the accuser is not cooperating, prosecutors in Washington state said.

The woman said Nelly raped her on his tour bus in October in a Seattle suburb. Auburn police arrested Nelly, whose real name is Cornell Iral Haynes Jr., in his bus at a Walmart and he was booked into jail on suspicion of second-degree rape, then released.

Shortly afterward, the woman said she wanted to stop the investigation.

King County prosecutors said in a statement Thursday that they have reviewed the investigation, but without the woman’s help, they can’t “proceed or fully assess the merits of the case.”

Nelly’s attorney, Scott Rosenblum, said in a statement to The Associated Press that the performer had been the victim of a “deceitful allegation devoid of credibility.”

Rosenblum said Nelly supports advocacy groups that deal with sexual assault and violence against women and is dedicated to raising awareness about such issues.