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October 2017

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  1. #1

    Default Thursday, October 12, 2017

    From Talkers:

    Emmis Reports 2nd Fiscal Quarter Financials – Pro Forma Revenue Up 2%.* Today, Emmis Communications CEO Jeff Smulyan reports earnings for the company’s second fiscal quarter (ending August 31).* Year-over-year figures are not comparable due to the sale of KPWR, Los Angeles in August and January’s sale of its Terre Haute, Indiana stations.* Net revenue for the period was $41.8 million, and that compares with $46 million a year ago.* However, the company reports that pro forma radio revenue for the quarter was up 2%.* Emmis’ New York, Austin, and St. Louis clusters gained market share during the quarter.* Smulyan says, “There were bright spots this quarter, especially in New York, as our second quarter results were buoyed by record-setting ticket sales for Hot 97’s marquee event, Summer Jam, and ‘Hot 97’ has been the #1 rated station in the 18-34 demo for each of the last three months.”






    PPM Analysis: News/Talk. Managing editor Mike Kinosian presents the second of four analyses of the performances of stations based on data from Nielsen Audio’s September PPM survey, today focusing on news/talk.* In markets affected by the recent spate of hurricanes, listening to news/talk radio spiked, as is often the case. Across the board Kinosian reports that “slightly more than half of this news/talk sample is up between August 2017 – September 2017 (54%, 6+); 29% of the stations highlighted here are down; and the remaining 17% are flat.”* When looking at year-over-year changes, “basically, one of every two stations on our news/talk sample registers an August 2017 – September 2017 increase (51%, 6+), while 42% decline; the remaining 7% are unchanged.”* A total of 13 news/talk stations in PPM markets ranked in the top five in their respective markets in the September survey, with four – Cox’s WSB-AM/WSBB-FM, Atlanta; CBS’ KMOX, St. Louis; iHeartMedia’s WLW, Cincinnati; and Townsquare Media’s WKXW, Trenton – ranking #1.* See Kinosian’s entire report here.

    Trump’s Attack on NBC Spurs Rebuke by RTDNA, Letter to FCC’s Pai by Senator.* The Twitter attack on NBC’s reporting by President Trump caused the Radio Television Digital News Association to condemn the president’s words.* NBC reported that the president requested a “ten-fold” increase in the U.S.’ nuclear arsenal.* In denying the report, Trump questioned whether it was “appropriate” to challenge NBC’s license for spreading “fake news.” The RTDNA responded with a statement from executive director Dan Shelley that reads, in part, “Today’s call by the President of the United States to challenge the licenses of networks is not only dangerous to the American people’s right to access responsible journalism, it represents a clear misunderstanding on his part of how much control the federal government can exercise as it relates to networks and cable channels.”* Meanwhile, Senator Edward Markey (D-MA) fired off a letter to FCC Chairman Ajit Pai urging him to “maintain the Federal Communications Commission’s charter as an independent agency and withstand any urges from President Trump to harm the news media and infringe upon the First Amendment…I ask for your commitment to resist the President’s request and call on you to publicly refuse to challenge the license of any broadcaster because the President dislikes its coverage.”* He also asks for copied of any correspondence in which the White House has requested action against a broadcaster.* Pai’s office has not issued a public response.
    Harvey Weinstein Scandal, Trump Attacks NBC, Deadly California Wildfires, Trump-North Korea Rhetoric, Iran Nuclear Deal, Boy Scouts to Admit Girls, MLB Playoffs, and NFL Protests Among Top News/Talk Stories Yesterday (10/12). The escalating scandal surrounding movie mogul Harvey Weinstein; President Trump’s attacks on NBC and threatening to revoke its “license”; the wildfires in California’s wine country that have taken the lives of 23 with hundreds more reported missing; Trump’s exchange of war rhetoric with North Korean dictator Kim Jong Un; the Iran nuclear deal and President Trump’s inclination not to certify Iran’s compliance with the pact; the Boy Scouts of America’s announcement it will allow girls to join; the Major League Baseball playoffs; and the controversy over NFL national anthem protests were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

    NOT TO BE MISSED: Alex Jones and Michael Harrison Engage in Candid Dialogue About the State of Media and the Talk Industry. Prolific conspiracy theorist and mega-successful independent broadcaster, Alex Jones is this week’s guest on the newly-posted (10/10) installment of the award-winning PodcastOne series “Up Close and Far Out with Michael Harrison.” During the fascinating, uninterrupted hour of fast-paced conversation, the two discuss Jones’ role as a pioneer in the rise of digital, spoken-word broadcasting touching upon the balance between news and entertainment, the corporate effect on broadcasting, the influence of Hollywood on popular culture, Jones’ relationship with Donald Trump, 21stcentury entrepreneurism, the value of direct marketing as a method of generating revenue and much more. Harrison states, “Like him or not, there is no denying the fact that Alex Jones is one of a select handful of the most influential and important talk broadcasters of the modern era and has been for years. I am glad to have the opportunity to present him to the media world from that perspective.” To listen to the podcast in its entirety, please click here or click on the “Up Close and Far Out” player box located in the right-hand column on every page of Talkers.com.


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