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Tuesday, February 23, 2021
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TALKERS Magazine --- Talk Radio Magazine TALKERS Magazine --- Talk Radio Magazine
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Dateline: Springfield, MA
Tuesday, February 23, 2021

 
| February 23, 2021

Rare Rush Limbaugh Interview from 1990 Posted on Harrison Podcast. A clean audio copy of an interview Michael Harrison conducted over the phone with Rush Limbaugh during the Summer of 1990 emerged in 2016 after spending more than a quarter century stuffed in a forgotten dust-covered box marked “misc.” in the storage bins of the TALKERS archives. It is the historic centerpiece of this week’s installment of the award-winning PodcastOne series “The Michael Harrison Interview.” Harrison had just launched TALKERS magazine – the talk media trade publication – in July of that year.  Rush was the hottest up-and-coming talent in the business on the air with his national program that launched less than two years earlier. He was cleared at that time on about 240 stations which was a huge deal based on the standards of that era. According to Harrison, “Rush was still the new kid in town – provocative, exotic and controversial – not only politically but industrially as well. And the jury was still out – in terms of radio industry opinion – about whether or not a syndicated show could make it in prime daytime slots on the biggest stations in America. At that point, syndication was reserved largely for off-hour filler shows – mostly overnights and weekends.” Harrison adds, “I was talking with Rush for a print interview that ran in the third issue of TALKERS dated August 20, 1990 – almost 31 years ago! The recording was slapped together on Radio Shack equipment with one microphone, a cassette deck and one of those speaker boxes that were popular in that era. It was never intended for airplay – only as a transcription for reference to be used in print. And I didn’t conduct the conversation for the purposes of it actually being a show unto itself. It was just a utilitarian recording designed to be transcribed for print. I guess that’s why I eventually tossed it in a box of miscellaneous items… because, from my perspective in those days, it had served its purpose in helping produce the print product. But now, more than three decades later, it is radio history gold!  Knowing what we know now, it is pretty amazing!  It contains the seeds of the concepts, opinions, and seminal intelligence that set the stage for the modern era of talk radio.” To listen to the podcast in its entirety, please click here or click on the player box marked “The Michael Harrison Interview” located in the right-hand column on every page of Talkers.com.

Cumulus Media Reports 2020 Q4 Net Revenue Down 13.9%; Net Revenue for Full Year of 2020 Declines 26.7%. The second major radio company to report financial figures from the fourth quarter and the full year of 2020 (Beasley was first back on February 10), Cumulus Media reports net revenue of $245.8 million for the fourth quarter – a decline of 13.9% compared to the same period in 2019 – and full year 2020 net revenue of $816 million, down 26.7% from $1.1 billion reported in 2019. For Q4, Cumulus posted a loss of $249,000 a year after 2019’s Q4 income of $1.6 million. For the full year of 2019, the company posted a loss of $57.9 million compared to 2019’s full year income of $62.2 million. On the positive side, Cumulus reports that quarterly revenue improved sequentially from Q2 to Q4, both in total and excluding political; it achieved 9.4% year-over-year digital revenue growth (12.1% on a same station basis), driven by podcasting growth of nearly 40%; it generated $33.2 million of cash from operations for the full year; it completed two significant M&A transactions generating aggregate gross proceeds of $282 million; paid down $54.3 million of term loan and retired $47.2 million of senior notes; and finished the year with $271.8 million of cash on hand (an increase of $256.6 million compared with December 31, 2019). President and CEO Mary Berner comments, “Given 2020’s extenuating circumstances, I am extremely proud of the company’s performance and the efforts of the entire Cumulus team to meet the challenges posed by COVID-19. In the face of the pandemic, we maximized revenue performance, materially reduced expenses, generated cash through strong working capital management, and executed highly accretive divestitures that strengthened our balance sheet. As a result of these efforts and with a recovering economy, we believe that we are well-positioned to return our business to its pre-pandemic trajectory and to capitalize on strategic and financial options to best drive shareholder returns.”

Chad Benson Welcomes New Affiliate Stations. The Radio America-syndicated “Chad Benson Show” welcomes four new radio stations to its roster of affiliate stations: WP Broadcasting’s news/talk KRSY-AM, Alamogordo, New Mexico; WCED Rsdio’s news/talk WCED-AM, Du Bois, Pennsylvania; Fieldview Broadcasting’s news/talk KWBG-AM, Boone, Iowa; and VP Broadcasting’s news/talk WHOL-AM/W295CR Allentown, Pennsylvania. The Chad Benson Show is also heard on such signals as Bonneville’s KTAR-FM, Phoenix; iHeartMedia’s KSTE-AM, Sacramento; and Cox Media Group’s WOKV-FM, Jacksonville. Radio America says, “Listeners love Chad’s explanation of the day’s hard news delivered in a thoughtful and entertaining way. And that explains why Chad is featured on some of the most highly rated talk stations in the country and delivers the demos that talk radio needs most.”

Entercom and Pro Sports Teams Cooperate on ‘Vaccinate Michigan’ Effort. The Entercom Detroit station cluster that includes sports talk WXYT-FM “97.1 The Ticket,” all-news WWJ-AM “Newsradio 950,” and three music brands are partnering with the Detroit Lions, the Detroit Tigers, the Detroit Red Wings, and the Detroit Pistons to launch a new community initiative called “Vaccinate Michigan.” All five stations are airing state-approved public service announcements about the COVID-19 vaccination and its availability for Michigan residents. The “Vaccinate Michigan” announcements are voiced by various Entercom Detroit on-air personalities, show hosts, and news anchors, as well as some of the city’s key sports figures, including Tigers manager AJ Hinch, Tigers pitcher Matthew Boyd, Red Wings head coach Jeff Blashill, Lions head coach Dan Campbell, and Pistons head coach Dwane Casey. Entercom Detroit SVP and market manager Debbie Kenyon says, “Our company and sports partners understand the importance of getting Michigan businesses open, as well as the need of our listeners and fans to get back to work and feel some sense of normalcy. Radio serves as a crucial lifeline for the communities it serves and we’re proud to lend our influential voice in the community and our citywide footprint to deliver the important message of COVID-19 vaccinations to our listeners and fans.”

Cool Operations Manager Opportunity. Locally owned southern-based radio group seeking a full-time Operations Manager with strong technical and digital skills. The ideal candidate MUST have experience operating OP-X and managing satellite operations for syndicated programs. Applicant must have at least 5 years of experience. Proven experience in managing social media branding, digital marketing, and video production. Proficient in digital automation systems, digital audio editing and production is a must. EEO. Send resumes to dalton@starnesmediagroup.com

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COVID-19 Stats & Vaccines, SCOTUS Trump Tax Returns Ruling, Capitol Riot Investigation, Cabinet Confirmation Hearings, Dominion Sues Mike Lindell, and Facebook Australia News Deal Among Top News/Talk Stories Yesterday (2/22). The United States passes the 500,000 COVID death mark and the rollout of vaccines continues; the Supreme Court rules New York prosecutors can have access to Donald Trump’s tax records; today’s first Senate hearing on the January 6 Capitol insurrection; Monday’s first confirmation hearing for Attorney General nominee Merrick Garland, and the coming hearings for embattled White House budget office nominee Neera Tanden and Interior Secretary nominee Deb Haaland; voting systems firm Dominion sues MyPillow chief Mike Lindell for $1.3 billion for defamation; and Facebook agrees to Australian news deal that will pay news organizations were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

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Category: Front Page News, Industry News

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Name: Michael Harrison
Group: TALKERS Magazine
Dateline: Springfield, MA United States
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