As CBS Radio CEO and President Dan Mason was talking content with Bob Pittman to several hundred radio people in Indianapolis, his boss was on Cable TV talking about dumping some of his radio stations. In a wide-ranging interview on CNBC Thursday, CBS Corp. CEO Les Moonves said he might try to "trim down" the CBS stable of 127 radio stations, "in that some of our radio stations aren't in major markets." He added, "We still believe in radio," but called it a "slow growth" business. "You might see a reduction in the number of radio stations that we have," Moonves said, but he didn't give any specifics or timetable.
At the closing Radio Show luncheon Friday, Cromwell Group founder and president Bud Walters was given the National Radio Award. The award honors an individual for outstanding leadership in the radio industry. Walters is pictured here with NAB CEO Gordon Smith to his right and Lincoln Financial's Don Benson to his left.
Wells Fargo analyst Marci Ryvicker gave her annual Radio Show financial presentation Thursday. Every year Ryvicker brings a truck-load of economic and broadcast research, complete with charts, graphs, forecasts, and predictions. She doesn't sugar-coat her information and is probably the analyst most respected among radio broadcasters. And Ryvicker spoke a lot about ad revenue shifting to digital and a lot about radio's non-existent revenue growth. Unfortunately, a lot of what she had to say this year was that the baby is ugly.
From RAB President and CEO Erica Farber saying digital is the best game in town, to advertising executive Bob Hoffman (we'll hear more from Hoffman on Monday) saying online advertising is B*****T, to Jeff Smulyan saying he's been streaming for 18 years and hasn't made a penny, a lot of the chatter at the Radio Show was about digital -- and that includes NextRadio. One of the digital revenue panels was so packed Thursday morning we couldn't even get in to cover it. Everybody wants to know how to generate revenue from their digital products, and if those that claim they are selling digital are bringing in real dollars or simply swapping them for radio dollars.
The NAB will be donating $100,000 to the Committee to Project Journalists in honor of James Foley and Steven Sotloff, American journalists who were kidnaped and murdered while covering the Syrian Civil War. NAB Joint Board Chairman Charles Warfield said the two "showed incredible bravery in risking -- and ultimately sacrificing -- their lives to tell the story of the people of Syria."
The winners of the 2014 NAB Marconi Radio Awards were announced Thursday night at a gala dinner and show celebrating the winners and the awards' 25th anniversary. The coveted honor for Legendary Station went to WFAN-FM/New York, while Premiere's Rush Limbaugh was named Network/Syndicated Personality of the Year. Bob & Tom (Bob Kevoian and Tom Griswold, pictured at left) helped host the show, while country artist Hunter Hayes (pictured at right) provided the entertainment.
Univision Radio President Jose Valle got into a little disagreement over revenue generated from streaming their radio stations. Emmis chief Jeff Smulyan said he's been streaming stations for 18 years and hasn't made a penny, nor has he met a broadcaster who's made any money from streaming. Apparently he was sitting right next to one who has, at the Thursday-morning Leadership Breakfast at the Radio Show.
During the Thursday-morning Leadership Breakfast at the Radio Show, Emmis CEO Jeff Smulyan said Congress may be getting involved again in the implementation of the FM chip. Smulyan was following up on a statement by Digity CEO Dean Goodman, who fully supports the chip and said every effort should be made to get them turned on (many phones already have the FM chips, but carriers choose not to activate them).
Both Clear Channel CEO Bob Pittman and CBS Radio President and CEO Dan Mason started their radio careers on the air spinning records. Today they run two of radio's largest companies. Both were on a panel called "From the Control Room to the Board Room" at the Radio Show. After hearing old airchecks from Pittman and Mason, dug up by the NAB's John David (who slipped in an old aircheck of his own), Pittman told the packed room that radio is a business where impatience pays off. "Urgency wins. It's better to do things sooner rather than later. We need to be trying new things. We're not going to beat technology, we need to figure out how to use it. Facebook is today's new request line."
CBS Detroit has the details about John Balyo who enter a guilty plea to the charge of first-degree criminal sexual conduct. The 34-year-old had admitted to sexually assaulting an 11-year-old boy at a hotel in May. In July Balyo pleaded guilty in a separate case to federal charges of sexual exploitation and possessing child pornography involving a 12-year-old boy. Balyo worked at WCSG in Grand Rapids before his arrest in June. He's facing a possible 25 years in prison
Veteran talker Jim Bohannon is celebrating the 30th anniversary of his two shows, syndicated by Westwood One —America in the Morning on September 17 and The Jim Bohannon Show on September 22. Bohannon hosts both shows, Monday-Friday, on over 500 stations. He says, "It's hard to believe that America in the Morning is 30. We've covered so many stories in that time, from the Challenger disaster to 9-11, from Bergdahl to Benghazi, from Harry Reid to Prince Harry, and I'd like to think the best is yet to come. It's been an honor and pleasure to help so many people start their busy days."
CBS has named John Vilade Vice President of National Digital Sales. Vilade will CBS's team of Digital AE’s and account managers for both radio and TV. Michael Biemolt will take over as VP Local Digital Sales. Biemolt is a 20 year CBS vet. He'll oversee all radio markets with a primary focus on working with DOSs and DSMs in New York, Los Angeles, Chicago, Philadelphia, Detroit and Minneapolis. Under Biemolt will be a new regional structure:
General Managers and Market Managers have a lot of responsibility at Radio stations across America these days. In addition to high revenue expectations, there's the constant challenge of selling radio in a world shifting to digital, managing multiple staffs and stations, finding and keeping good salespeople and keeping their stations strong in the community. Those that execute those tasks do it flawlessly and make it look easy. They are the best in the industry and it's time to recognize them. Radio Ink is now accepting nominations for the 2014 Best Radio Managers in America. MAKE YOUR NOMINATION HERE .
(By Jeff Schmidt) For pilots, the “attitude” of the plane, meaning the angle of the wing relative to the forward motion, determines whether you climb or descend. “Attitude = altitude” they teach in flight school. If your attitude (angle of attack) is positive, your plane will go up; and if your attitude (angle of attack) is negative, you will descend. When I started in sales I was told that my attitude and my ability to control my thoughts and feelings were going to largely determine my success.
(By Gregg Murray) Years ago, radio managers said, “If you control their creative, you control the buy.” Today it’s becoming, “If you control their digital, you control the buy.” There's an internal struggle happening within many radio groups right now. They're wondering if they should get into the digital marketing services arena or try to compete against local agencies who are already offering digital services, such as content marketing, email marketing, social media marketing, SEO, and website design.
Social media is complicated, right? How do you have the most impact? How do you send an authentic message? How do you get people to share you, like you, love your station? How about starting with something simple? Our society has pulled away from individuals. You know your neighbor, but you may not know the next three. This is different than it was 30 or more years ago. That’s because America has changed. The world has sped up and people have less time. And more choices. Many more choices.
(by Fred Jacobs) The fall season marks the start of football, the coming baseball playoffs, and our second DASH Conference. Living in Detroit, it's never easy anticipating how the Lions will perform or if the Tigers will fade, but we do know that on October 15-16, hundreds of leaders from the radio industry, automotive companies and their suppliers, advertising agencies, car dealers, and others with an interest in the "connected car" will converge on Detroit to collaborate and gain a better understanding of the challenges and opportunities that lie ahead in the dashboard.
(Radio Ink Publisher Eric Rhoads) Perhaps you recall a moment when I leapt from my chair to challenge the panel of automotive experts at our Radio Ink Convergence conference, when they stated that AM/FM radio could potentially disappear from the auto dashboard. That was followed up by a blog with an urgent message indicating that automakers were considering dropping broadcast radio at some point in the future. Reaction to that blog was the strongest I've ever received.
Gary Shapiro is the president and CEO of the Consumer Electronics Association. He'll be one of the keynote speakers at the second DASH Connected Car Conference, to be held in Detroit, October 15-16. Shapiro said, "I'm excited to deliver the keynote address at the DASH Conference, a great mashup of broadcast radio, the automobile industry, and consumer electronics. As the home of global auto industry and an emerging hotbed of startups and technological innovation, Detroit is the perfect location for this meeting of the minds."
The DASH connected-car conference is coming up fast -- October 15-16 in Detroit -- and innovation, both on the dash and in radio, is certain to be a hot topic. So we're pleased to announce that Cary Tilds, chief innovation officer at GroupM, will deliver a keynote address with this intriguing theme: "What Got You Here Won't Get You There."
What role do cars play in the lives of today's college students, and what do young people expect from their personal transportation, today and in the future? Many students are accustomed to being constantly connected, and it's clear we can expect those habits to extend to the car as in-car Internet becomes more common (and ultimately ubiquitous). And as that happens, what role will broadcast radio play for millennials on the road?
MediaLink founder and Chairman/CEO Michael Kassan will serve as advertiser co-chair for Forecast 2015, set for November 19, 2014, in New York. Kassan joins co-chair Katz Media Group CEO Mark Rosenthal. "Advertisers have become a critical part of our annual Forecast conference, and we are pleased to continue our history of attracting the very finest in the industry," said Radio Ink Publisher Eric Rhoads. "Michael Kassan has a brilliant mind."
Radio Ink is pleased to announce that Mark Rosenthal, CEO of Katz Media Group, has agreed to serve as co-chair of Forecast 2015, November 19, in New York City. Radio Ink Publisher Eric Rhoads said, "Since taking over Katz, Mark has been heavily involved in the development and growth of our industry and has shown true leadership. Having his guidance on Forecast will help shape this year's program, which will have a strong advertiser focus."
Wednesday afternoon at the Radio Show in Indianapolis, Radio Ink Publisher Eric Rhoads presented the 2014 Radio Wayne Awards to radio's best and brightest in sales and management. These awards honor the radio superstars whose hard work, dedication, and creativity separate them from the pack. They recognize the people who make the industry work, every single day. Congratulations to the 2014 winners!
On July 28, Radio Ink's 40 Most Powerful People in Radio list was released. Bob Pittman was crowned the most powerful for the 4th year in a row. The Clear Channel CEO was followed by Cumulus CEO Lew Dickey and CBS Radio CEO Dan Mason. There were some familiar faces that made the list and quite a few new entries this year. In case you missed it, here is the entire list of the Most Powerful for 2014.