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| Balance Sheet Challenges Continue For Cumulus, Berner Praises Grimes Again |
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| Radio Headlines For Tuesday 8-15-17 |
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 Cumulus reported total revenue of $290.5 million in the second quarter of 2017, compared to revenue of $287.2 million in 2016. Westwood One had a very strong quarter with revenue up over 6% to $81.2 million. Radio station revenue was down slightly but still outperformed the markets in which Cumulus operates. Radio station revenue was down .7% to $208.6 million. When you combine the two divisions, Cumulus was up 1.2% for the quarter. [read more] |
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 CEO Mary Berner said the company is focused on maximizing the value of Cumulus' great collection of assets, however, she added the company's massive debt continue to be a problem. "Our heavy debt load continues to constrain both our ability to do business in the short-term and achieve our full potential in the long term." [read more] |
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 Cumulus CEO Mary Berner said the over 6% revenue growth for the quarter at Westwood One didn't happen by accident. And while she did not mention Westwood One President Suzanne Grimes (pictured here) by name it was crystal clear she's very happy with Grimes' leadership at the network. [read more] |
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 Jim Principi is the President/General Manager for Saga's Charlottesville Radio Group. We reached out to Jim and asked him how the community is holding up and how his team covered recent events. He told Radio Ink the residents in the community are shaken but resilient. "The community is determined to show that this past weekend's terrible events do not represent what the Charlottesville community believes or who we are." Here's how his team covered the news. [read more] |
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 That's what a federal jury decided on Monday in the Taylor Swift vs. David Mueller case. The six women and two men decided that former KYGO morning man David Mueller did exactly what Swift accused him of at a 2013 pre-concert meet and greet. She was awarded a symbolic $1 in damages. The jury also found that neither Swift’s mother nor her radio promotions manager Frank Bell caused Mueller to be fired by KYGO. [read more] |
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 According to the latest data released from Nielsen, Classic Hits and Classic Rock stations are battling to become the top format of the summer. From June to July, Classic Hits, benefited from an increase in share of audience across all three major demographics Nielsen monitors. And you may be surprised where the big gains came from... [read more] |
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 On the heels of a killer competition naming The 20 Greatest Top 40 Stations of All Time we are starting a new list. The 20 Greatest Rock Stations of all Time. Here's how our readers have ranked them after one day of voting. [read more] |
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 Jacobs Media/Jacapps President Fred Jacobs and Amplifi Media Founder/CEO Steven Goldstein will participate in a session called "Radio's New Strategies and New Platforms” Wednesday, September 6 at The Radio Show in Austin. Jacobs will discuss findings from a recent NAB study on the digital dash. Goldstein will detail podcasting strategies. [read more] |
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 For two weeks now, The Home Depot has really backed off on the number of commercials its been running on radio stations all over the country. With only 24,336 spots running the big box home improvement store comes in at number five on the Media Monitors weekly chart. GEICO took the top spot with 42,198 spots. McDonald's was second (27,950) followed by JC Penney (27,164) and AutoZone (27,153). [read more] |
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 We all know that air checks are a standard yet critical tool in the radio industry. Whether it be for campaign verification or programming evaluation, the air check process has not changed very much in the last 50 years - it is still fairly laborious and time consuming. While emergence of artificial intelligence (AI) technology has been touted as game changing for variety of industries, the radio industry can also leverage this technology to their advantage. [read more] |
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 Pandora has hired Roger Lynch as its new CEO replacing former CEO and founder Tim Westergren who resigned at the end of June. Lynch was the founding CEO of Sling TV. Naveen Chopra, who has served as Pandora’s interim CEO since June 2017, will continue in his role as CFO. [read more] |
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 He calls himself Walter Sterling on the air at WPHT in Philadelphia where he hosts a 10pm to 1am Sunday night talk show. Westwood One is taking Walter Sabo and his program into national syndication. Sabo's show is a mix of lifestyle, entertainment, and social conversation, according to the network. [read more] |
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 ASCAP has named former New York Times digital executive Tristan Boutros as Chief Technology Officer. Prior to the Times, Tristan spent three years as Senior VP, Technology and Business Process at Warner Music Group. He has also held senior technology roles at BlackBerry and IAC. [read more] |
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 Radio One and Reach Media add Christopher Borelli to its national sales team as the Manager of New Business Development. Borelli joins Radio One and Reach from Emmis where he was a GSM. Prior to Emmis ,Borelli was the Automotive Manager and Total Traffic and Weather Manager for iHeartMedia in New York. [read more] |
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 Radio One in Washington DC has hired Dominique Da Diva to host middays on WKYS-FM. Da Diva began her radio career in her hometown of Richmond, as an intern with WBTJ-106.5 The BEAT. In 2016, Da Diva moved to Los Angeles to host Diva Unfiltered on Dash Radio and explore the digital tech world with the launch of her very own App, Da Daily Dirt. [read more] |
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 For the past three years Ice has been hosting middays and serving as Music Director for Alpha's Live 95.5 in Portland. Alphas has promoted Amanda "Ice" Habrowski to APD while she keeps her other duties. Alpha VP of Programming, Phil Becker said, "Over the last three years, ICE has been a vital part of our success and I'm thrilled to be able to offer her this opportunity." [read more] |
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 Omny Studio has signed an agreement with CBS Radio giving CBS a license to the Omny Studio platform. CBS Radio will now be able to use Omny Studio’s podcast hosting, analytics and social sharing tools. CBS Radio has over 350 podcasts. [read more] |
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 Radio Ink Magazine turns 25 years old in 2017. We are marking that milestone with a special 25th Anniversary issue in November. We want you to be a part of our celebration. Search through your archives and send us your favorite radio station photos from the past 25 years. We would love to have them as part of this special issue in November. You can e-mail large scans of the photos to edryantheeditor@gmail.com. [read more] |
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