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/////////////////////////////////////////// Nearly Instant Insight On Today's Big Moves Posted: 18 Oct 2016 02:08 PM PDT https://radioinsight.com/blog/blogs/...ays-big-moves/ There are plenty of days when there is little news to report which then gets balanced by days like today when you get flooded with big stories that have the potential to have repercussions for many months and years forward. Starting with Entercoms purchase into Charlotte via the mandated Greater Media divestitures and WFNZ, you have to first start with noting how much was paid compared to what Greater Media acquired WBT AM/FM and WLNK in 2007. Entercom will pay less than a quarter of the $100 million Greater Media forked down for one less station nine years ago. The debt taken on just before the economic collapse eventually led to Beasley acquiring the company. With Entercom bulking up lately on sports play-by-play rights and Beasley shying away from the format (Selling WQAM Miami and blowing up 98.7 The Fan Tampa in the 2014 CBS deal) the addition of WFNZ to the former Greater Media cluster makes sense. Entercom will now have the rights to both major sports franchises in the Charlotte market with the NFLs Carolina Panthers on WBT and the NBAs Charlotte Hornets on WFNZ. Don Imus has been a fixture in New York morning radio for over four decades. But when your station is down to a 1.3 share is keeping the status quo with a 76 year old really the best thing for the future? If anything the new deal with Cumulus makes two major points clear. There is no future for Conservative Talk. Cumulus and WABC are going to go down with the ship rather than attempt to resuscitate the dying patient. The talent pool is so diluted that WABC believes that there is nobody they can put on AM drive in New York to change the destiny of the station. Meanwhile iHeartMedia has*a Woody future in mornings for its Alternative Rockers. From the time Jeff Woody Fife brought his Woody Show to Alt 98.7 KYSR Los Angeles it was expected syndication would follow. That finally came to fruition with his return to*St. Louis, but many more markets will follow. Has iHeart finally found a male oriented program to lead its Alternative and Rock stations just as the likes of Elvis Duran, Ryan Seacrest, and others have done at CHR and Hot AC and The Breakfast Club and Big Boy are at Urban and Rhythmic CHR. How many jobs are enough for Ebro Darden? The WQHT New York morning host and Beats 1 evening host will team with his WQHT partner Laura Stylez for an early afternoon slot*at Alpha Medias We 96.3 KWEE Portland. Is this an early roll-out for eventual syndication elsewhere? Thats what weve been told off the record, but no confirmations yet. And*does the absence of fellow WQHT morning host Peter Rosenberg portend anything for his future at the station? /////////////////////////////////////////// Ebro Returns To Portland For Third Gig Posted: 18 Oct 2016 11:43 AM PDT https://radioinsight.com/blog/headli...for-third-gig/ Alpha Media Urban We 96.3 KWEE West Linn/Portland is bringing Ebro Darden back to the market. The morning host at Emmis Hot 97 WQHT New York and evening host on Apples Beats 1 will be heard on KWEE from 1-4pm along with his WQHT morning co-host Laura Stylez. Darden worked in the Portland market from 1999 through 2003 at Rose City Radios Jammin 95.5 KXJM and served as the imaging voice of KWEE when it launched in August. Alpha Media, Portland announced today the addition of Ebro and Laura Stylez to WE 96.3 (KWEE). The duo will take to the airwaves from 1-4pm M-F, starting October 24th. Ebro currently hosts Apple’s Beats 1 and morning drive on New York City’s HOT 97. Alpha Media VP of Programming, Phil Becker commented on the announcement, “One of the core values of Alpha Media is our relentless effort to create new content in ways that others might have overlooked. One example of this was during the creation of WE 96.3 by using Ebro Darden to narrate the brand. Now with the addition of Laura Stylez, WE have even more opportunities to push the brand forward while welcoming Ebro back to Portland.” “Portland is an awesome city and being on #TeamWe to bring real Hip-Hop back to the radio in this city is super exciting,” remarked Ebro. Alpha Media Program Director, Chris Stewart added, “It is great to have Ebro back on in Portland. He is an incredible talent whose knowledge and authenticity of the format makes him the perfect piece to our puzzle. I’m sure with him and Laura on our team WE will do big things.” /////////////////////////////////////////// Alt 104.9 St. Louis Debuts With Woody Show In Syndication Posted: 18 Oct 2016 10:00 AM PDT https://radioinsight.com/blog/headli...04-9-st-louis/ iHeartMedia flipped Rhythmic CHR Wild 104.9 KBWX Columbia IL/St. Louis to Alternative Alt 104.9 at 12pm today. The new format debuted as the first syndicated affiliate for The Woody Show based at Alt 98.7 KYSR Los Angeles. Prior to joining KYSR in 2014, Woody co-hosted mornings in St. Louis at Emmis Alternative 105.7 The Point KPNT. Former co-host Scott Rizutto remained with KPNT and continues to host mornings there. KPNT currently ranks seventh in the market with a 5.5 share. The new format debuted with Foo Fighters Everlong, Twenty One Pilots Heathens and The Killers Mr. Brightside. iHeartMedia St. Louis announced today the debut of The New Alt 104.9, St. Louis’ Alternative Rock, effective immediately. Alt 104.9 will connect listeners with their favorite alternative rock music, including hits from artists including Foo Fighters, Green Day, Blink-182, twenty one pilots, Red Hot Chili Peppers and others. The station will broadcast The Woody Show featuring Woody, Ravey, Greg, Menace, Seabass and Tony “Whipping Boy” Mott. The show will return to St. Louis’ airwaves with their quirky take on pop culture, local news and alternative rock music expertise. The Woody Show will broadcast from 6 to 10 a.m. and after 10 a.m., the station will feature limited commercial inventory, playing 60 minutes of non-stop music after every commercial break. “St. Louis has been very eager for a new alternative rock brand,” said Beth Davis, Region President for iHeartMedia St. Louis. “We are excited to deliver on that request as well as the return of “The Woody Show” – I’m excited to watch how quickly Woody will reinstate his relationship with both listeners and advertisers here in St. Louis.” “We are truly thrilled about the launch of the new Alt 104.9 and the return of “The Woody Show.” The strength of Woody’s brand in this market coupled with the strategic launch of our new station will be like no other and will make an impact from day one,” said A.J., Senior Vice President of Programming for iHeartMedia St. Louis. “St. Louis is really where The Woody Show began,” said Woody. “Its not only the city where I built my career, but its also the place where I met my wife and where my kids were born. So to launch into syndication and for St. Louis to be the first market is not only appropriate, but really special.” iHeartMedia is a leading media outlet in the St. Louis market and its content is available across multiple platforms, including its broadcast station; online via its branded digital site; mobile; and social, with nationwide listening through iHeartRadio, the all-in-one streaming music and live radio service – with its more than a billion downloads and 90 million registered users. Fans can listen to Alt 104.9 on the station’s website www.alt1049fm.com as well as on iHeartRadio.com. /////////////////////////////////////////// Westwood One Takes Chris Plante National Posted: 18 Oct 2016 09:12 AM PDT https://radioinsight.com/blog/headli...ante-national/ Westwood One has announced it will begin syndicating conservative talker Chris Plante nationally from 9am-12pm eastern beginning Monday, January 2, 2017. Plante has worked at Cumulus 630 WMAL Washington DC/105.9 WMAL-FM Woodbridge VA since 2005 and has been syndicated internally on additional Cumulus stations the past few years. Prior to joining WMAL, Plante spent 17 years as a reporter at CNN. Westwood One today announced that it will launch The Chris Plante Show, featuring conservative talker Chris Plante, on Monday, January 2, 2017. The program will emanate from its flagship station, Washington, DC’s WMAL 105.9 FM/AM 630, from 9 am – 12 noon ET. Plante, known for his conservative values, will bring his daily political talk show to radio stations nationwide. The Chris Plante Show – insightful, irreverent, and always entertaining – weaves pop culture references throughout the discussion of the topical news of the day. A third-generation media pro, Plante began his radio career at WMAL in 2005 after 17 years inside the Washington bureau at CNN, where he moved up the ranks from researcher and assignment editor to Pentagon correspondent. During his tenure at CNN, he crisscrossed the globe, covering events from Vietnam and Albania to Jakarta. He was the director of the U.S. television network pool operations in Saudi Arabia for three months following Saddam Hussein’s 1990 invasion of Kuwait. Plante won the Edward R. Murrow Award from the RTDNA for his live coverage of the terrorist attack on the pentagon on September 11th, 2001. He was the first to report that the Pentagon had been attacked. He was also recognized by the Television Academy for his September 11th reporting. He makes regular appearances on The Fox News Channel and The Fox Business Network. Plante follows in the footsteps of his maternal grandfather, Pat Barnes, who was a radio pioneer in New York and Chicago in the 1920’s and 1930’s following his return from Europe after World War One. His mother, father, and several brothers have also made careers in broadcasting and journalism. His stepfather is esteemed CBS News correspondent Bill Plante. Plante said, “I can’t wait to engage with new audiences around the country, where I will continue to rattle the cages of the high and mighty and share the unfiltered truth in this incredibly treacherous time. It is a great honor to be invited into your community, where I hope to become a welcome guest in your daily lives. And remember, just because the wheels are coming off everywhere you look, that doesn’t mean you can’t laugh your face off about it.” “Chris Plante takes the news of the day and breaks it down in his signature direct, funny, and fearless style,” said Suzanne Grimes, President, Westwood One and EVP, Corporate Marketing, Cumulus. “He engages a legion of devoted fans who tune in every day whether they agree with him or not. He’s a captivating storyteller who makes great radio. It’s the kind of programming we are proud to add to our best-in-class talk lineup.” Stations interested in The Chris Plante Show can contact Stuart Greenblatt at (212) 419-2946 or . /////////////////////////////////////////// Dick Taylor: Its Another Fine Mess Posted: 18 Oct 2016 08:39 AM PDT https://dicktaylorblog.com/2016/10/1...her-fine-mess/ /////////////////////////////////////////// Entercom Acquires Beasley Charlotte Spinoffs And WFNZ Posted: 18 Oct 2016 06:20 AM PDT https://radioinsight.com/blog/headli...otte-spinoffs/ Beasley Media has agreed to sell four stations in the Charlotte NC market to Entercom for $24 million. Entercom will acquire Greater Medias News/Talk 1110 WBT Charlotte/99.3 WBT-FM Chester SC and Hot AC 107.9 The Link WLNK Charlotte as well as Beasleys Sports 610 The Fan WFNZ/102.5 W273DA Charlotte. The Greater Media stations were to be placed in a divestiture trust when Beasley closed on its acquisition of the company. Instead Entercom will begin operating WBT/WBT-FM and WLNK via Time Brokerage Agreement when Beasley closes on its acquisition of Greater Media, which Entercom anticipates taking place on November 1. It will also begin operating WFNZ on January 1, 2017 via TBA if this deal has not closed by then. With the divestiture of WFNZ from its current Charlotte cluster, Beasley will retain CHR “Kiss 95.1” WNKS, Urban “Power 98” 97.9 WPEG, Urban AC “V101.9” WBAV, Country 103.7 WSOC, AC “K104.7” WKQC, Sports and Conservative Talk Americas Pulse 1660 WBCN. Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“the Company” or “Beasley”), a large- and mid-size market radio broadcaster, announced today that it entered into a definitive agreement to sell two FM and two AM radio stations in Charlotte to Entercom Communications Corp. (NYSE: ETM) (“Entercom”) for $24 million in cash following the completion of, and contingent upon, the Company’s previously announced acquisition of all of the outstanding stock of Greater Media, Inc. (“Greater Media”). The planned divestiture of the four Charlotte stations reflects Beasley’s previously stated intention to divest certain radio stations in order to comply with FCC ownership regulations. Beasley intends to use the net proceeds from the sale of the four stations to reduce the borrowings required to complete the Greater Media transaction. Pursuant to the terms of the agreement, Entercom will acquire WBT-FM, WLNK-FM and WBT-AM, all of which are currently owned by Greater Media and held in trust pending the completion of Beasley’s acquisition of Greater Media. Entercom will also acquire Beasley’s WFNZ-AM in Charlotte and an FM translator. In addition, Entercom will begin operating WBT-FM, WLNK-FM and WBT-AM upon the closing of Beasley’s acquisition of Greater Media pursuant to a time brokerage agreement. The sale of the four Charlotte stations, expected to be completed later in 2016, is subject to FCC approval and other regulatory approvals, the closing of Beasley’s acquisition of Greater Media and other customary closing conditions. Michael J. Bergner of Bergner Co. served as the broker in the transaction. On July 19, 2016, Beasley and Greater Media entered into a definitive merger agreement whereby Beasley will acquire all of the outstanding stock of Greater Media for an aggregate consideration of approximately $240 million, subject to adjustments. Under the terms of the agreement, Greater Media shareholders are expected to receive approximately $100 million in cash and approximately $25 million in shares of the Company’s Class A common stock (at a fixed value of $4.61 per share). In addition, shareholders of Greater Media will receive the net cash proceeds from the sale of its tower assets, estimated to be approximately $20 million. Beasley will repay approximately $82 million of debt of Greater Media. Excluding transaction costs, Beasley’s acquisition of Greater Media is expected to be accretive to Beasley’s operating results (inclusive of expected financial and operating synergies and the divestiture of the Charlotte stations described above) following the expected closing later this year. /////////////////////////////////////////// Don Imus Signs Extension With WABC Posted: 18 Oct 2016 06:15 AM PDT https://radioinsight.com/blog/headli...ion-with-wabc/ Cumulus Media and Don Imus have agreed to a contract extension to keep Imus In The Morning on News/Talk 770 WABC New York and in syndication for multiple years. The 76 year old Imus has been with WABC since his firing from CBS Sports 660 WFAN in 2007. He currently hosts his show from his ranch in Texas. As part of the new deal, Imus program will drop the 9:00am hour beginning in January 2017 and air from 6-9am. Imus current support team of Executive Producer Bernie McGuirk, Comedians Rob Bartlett and Tony Powell, producer Lou Rufino, sportscaster Warner Wolf, and news anchor Connell McShane will remain in place. Cumulus Media and 77 WABC Radio announce the multi-year renewal of New York’s most iconic talk radio program the “Imus In The Morning” show. Host Don Imus and his incredible cast members will continue their historic run on 77 WABC, one of New York’s heritage radio stations and the flagship station for the “Imus In The Morning” show network since 2007. Mike McVay, Senior Vice President, Content and Programming, Cumulus Media, said: Don Imus is not a media icon. He is much more than that. He is an American Icon. Mr. Imus brings his ‘A’ game every day. And if you miss one day, you miss a lot. We are thrilled to have Don continue with Westwood One, Cumulus and WABC. Chad Lopez, Vice President and Market Manager, Cumulus Media-New York said: “Don Imus has been entertaining New Yorkers for an unprecedented four decades and I am thrilled that he has agreed to continue with us at WABC. He is a broadcasting legend with a very strong loyal audience that truly appreciates his talent and professionalism.” Don Imus commented, “I don’t know anything about this. Who are these people?” Don Imus began his career in Palmdale, CA at KUTY and has been performing the “Imus in The Morning” show from New York first with WNBC, then with WFAN, and for the last nine years on WABC Radio. Beginning January 2, 2017, “The Imus In The Morning Show” will air from 6 a.m.-9 a.m. ET with the renowned cast featuring Executive Producer Bernie McGuirk, Comedians Rob Bartlett and Tony Powell, producer Lou Rufino, sportscaster Warner Wolf, and news anchor Connell McShane. Imus is a recipient of 4 Marconi Awards, was selected as one of Time Magazine’s 25 Most Influential People in America for 1997. He was inducted into the National Radio Hall of Fame in 1996. The Imus family has raised over $250,000,000 (a quarter of a billion dollars) for cancer research, childhood illnesses, the Intrepid Fallen Hero’s Fund and various charities including the Imus Ranch for Kids with Cancer which Don and Deirdre Imus founded, personally donating millions of dollars in the process, the Tomorrow’s Children’s Fund, SKIP and the CJ Foundation for SIDS. The Imus Foundation recently contributed $250,000 helping with the launch of Tackle Kids Cancer, affiliated with Hackensack Medical University Center. In addition, The Deirdre Imus Environmental Health Center at Hackensack University Medical Center is celebrating over 15 years of protecting children’s health and the environment. /////////////////////////////////////////// All 80's Comes To South Bend Posted: 18 Oct 2016 05:50 AM PDT https://radioinsight.com/blog/headli...to-south-bend/ The third format change this month has come to South Bend IN. After breaking up the simulcast of Classic Hits 97.7/102.3 The Stream to flip 97.7 WSSM Goshen to Classic Rock Rock 97.7 WYXX, Sound Management flipped 102.3 WSMM New Carlisle to 1980s Hits All 80s 102.3 WYET on Monday. The new station is promoting a playlist of over 2500 songs and core artists including Huey Lewis and the News, Madonna, Bon Jovi, Brian Adams, Whitney Houston, Tears for Fears, Michael Jackson, Phil Collins. The format change takes the station out of direct format competition with Midwest Family Broadcastings Z94.3 WZOC Plymouth which continues with its Rock leaning Classic Hits format. Monday at 12:01 PM, a new 80’s radio station will launch in South Bend, IN. 102.3 FM, WYET, will play its first song: Don’t You Want Me by Human League. With an 80’s library of over 2,500, 102.3 FM will give Michiana a new taste of the greatest music from the 80’s. With core artists like: Huey Lewis and the News, Madonna, Bon Jovi, Brian Adams, Whitney Houston, Tears for Fears, Michael Jackson, Phil Collins 102.3 FM will play the best that the 80’s had to offer and provide listeners with a plethora of musical choices, news, weather and community service information. President Arthur Angotti was excited about the launch saying “All 80’s 102.3 FM will play more 80’s music than any other radio station in Michiana and provide listeners with a chance to relive the excitement of the best music that the 80’s and the surrounding years had to offer. Having looked at the first week’s playlist and extensive music library, I have been eagerly anticipating this launch for some time and look forward to tuning in to All 80’s 102.3 FM.” All 80’s 102.3 FM will operate using the call letters WYET and is owned by Sound Management a local Indiana based broadcasting company which also owns U93 and ROCK 97.7 FM. All 80’s 102.3 FM website will launch shortly at www.1023radio.com /////////////////////////////////////////// KCOH Brings Spanish Tropical To Houston Posted: 18 Oct 2016 05:00 AM PDT https://radioinsight.com/blog/headli...al-to-houston/ Latino Broadcasting Corporation of Houston has launched Spanish Tropical La Calle 92.5 as 1230 KCOH Houston has signed-on 92.5 K223CW to bring the station to FM. KCOH was purchased earlier this year by Pueblo de Galilea from Liberman Broadcasting for $1.8 million and had been running Spanish Christian programming since the sale closed. Hector and Roberto Guevaras Latino Broadcasting Corporation are operating the new format as its third in the market joining Spanish Christian/Sports La Nueva 94.1 K231CN/KODA-HD3 Houston and Regional Mexican La Mejor 104.5 K283CH/KTBZ-HD3 Houston. The new Tropical station is being promoted as the first in the market to feature the format. /////////////////////////////////////////// Emmis, Midwest & DLC Media Make Deals In Terre Haute Posted: 17 Oct 2016 09:21 PM PDT https://radioinsight.com/blog/headli...n-terre-haute/ The FCC filings for the three deals reveal a bit more info regarding how the deals are structured and show a slightly different price than previously announced. Emmis will still receive $4.3 million in its sale of Country Hi 99 WTHI Terre Haute and the intellectual property of Classic Rock 105.5 The River WWVR West Terre Haute to Midwest, however $300,000 of that will be the proceeds of Midwests divestment of Classic Country 95.9 Duke-FM WDKE Seelyville to DLC Media. The price DLC Media is paying for CHR B92.7 WFNB Brazil, and Sports 1130/99.5 The Fan WFNF Brazil/W293AL Rochester, and the license for 105.5 WWVR is $865,000 and not the $900,000 listed in the Emmis press release last week. Original Report 10/12: Three transactions involving three companies will shakeup the ownership structure in Terre Haute IN. The result will see Emmis Communications exit the market, Midwest Communications improve its holdings, and DLC Media enter the market. The first deal will see Emmis sell Country Hi 99 WTHI Terre Haute and the intellectual property of Classic Rock 105.5 The River WWVR West Terre Haute to Midwest for $4.3 million. The second deal will see the rest of Emmis Terre Haute holdings: CHR B92.7 WFNB Brazil, and Sports 1130/99.5 The Fan WFNF Brazil/W293AL Rochester, and the license for 105.5 WWVR go to DLC Media for $900,000. Finally, Midwest will divest Classic Country 95.9 Duke-FM WDKE Seelyville to DLC Media for an undisclosed amount to remain under the ownership limits in the market. When the dust settles, Midwest will own AC 98.5 WBOW Paris IL, Country Hi 99 WTHI, CHR 100.7 Mix-FM WMGI Terre Haute, Country Q102.7 WDWQ Terre Haute (Future home of WWVR to remove competition with WTHI?), and Talk 1230 WIBQ Terre Haute/1440 WPRS Paris. DLC Media will add CHR B92.7 WFNB Brazil, Classic Country 95.9 Duke-FM WDKE Seelyville, the license for 105.5 WWVR West Terre Haute, and Sports 1130/99.5 The Fan WFNF Brazil/W293AL Rochester. Emmis Communications Corporation (Nasdaq: EMMS) has announced agreements to sell Terre Haute’s WTHI-FM 99.9 FM, WWVR-FM 105.5 The River, WFNB-FM B92.7, and WFNF-AM 1130AM/99.5FM The Fan. The sales will deliver gross proceeds to the Company of $5.2 million. Emmis will sell the assets of WTHI-FM and the intellectual property of WWVR-FM to Midwest Communications, Inc. for $4.3 million. Midwest Communications is a family-owned media company with radio properties in Wisconsin, Michigan, Minnesota, North Dakota, South Dakota, Indiana, Illinois and Tennessee. Headquartered in Wausau, WI, Midwest Communications was founded in 1958. Emmis will also sell the assets of WFNF-AM, WFNB-FM and WWVR (other than the IP for that station) for $0.9 million to DLC Media, Inc., a company owned by Dave Crooks, who operates radio stations in other Indiana markets. Because Midwest is currently at FCC ownership limits in the Terre Haute market, Midwest is also selling one of its stations, WDKE-FM, to DLC Media. These three transactions are cross conditioned and will result in gross proceeds to Emmis at closing of $5.2 million, subject to working capital adjustments. Emmis has owned WTHI and WWVR since 1998, adding WFNB and WFNF in 2012. The transaction is subject to FCC approval and is expected to close after the first of the year. “The sale of our stations in Terre Haute, while difficult, will help us further our goal of de-levering our balance sheet,” said Emmis Chairman CEO Jeff Smulyan. “We are thrilled the buyers value radio and have long traditions of success in smaller markets, like Terre Haute. I’d also like to thank our people at these stations. They have been tremendous stewards of their brands and wonderful ambassadors of Emmis’ culture. We wish them continued success.” Kalil Co., Inc. served as the broker in the transaction. /////////////////////////////////////////// The Interrobang: Comedians Name The Most Influential Radio Shows for Stand Up Posted: 17 Oct 2016 04:21 PM PDT http://theinterrobang.com/comedians-...o-shows-stand/ |
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