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Industry News

Seacrest Signs A Three-Year Contract Extension

Radio+Television Business Report
3 years 8 months ago

One of the busiest broadcast media personalities in the world has committed to three more years of service to the nation’s No. 1 creator and distributor of audio content.

The new deal keeps Ryan Seacrest with iHeartMedia and in mornings at its KIIS-FM in Los Angeles through the end of 2025.

Under the agreement, for which financial terms were not disclosed, Seacrest will continue in his role as “one of the core personalities across all iHeartRadio platforms.”

Seacrest’s deal was negotiated by Jeff Refold, COO and CFO of Ryan Seacrest Enterprises, and Jonathan West at Latham & Watkins LLP.

This includes hosting the internationally syndicated On Air with Ryan Seacrest program, along with the current incarnation of American Top 40. He will also continue to work closely with Chairman/CEO Bob Pittman and President/COO and CFO Rich Bressler, “providing input into the company’s major initiatives and hosting several tentpole events.” This includes the two-day iHeartRadio Music Festival; New York City’s annual iHeartRadio Jingle Ball holiday concert; and, quite possibly, future trips to Cannes, such as his 2017 excursion.

In addition to those duties and his role as a co-host of LIVE with Kelly and Ryan, a Disney ABC Home Entertainment and Television Distribution production, Seacrest will continue as only the second morning host KIIS-FM has had in 40 years.

Seacrest has hosted the morning shift at KIIS since March 2004, taking over for Rick Dees. Dees exited the station a month earlier, and had been with KIIS since July 1981, moving from former Top 40 KHJ.

Now, Seacrest’s tenure will be extended to beyond 30 years, making it longer than that of Dees, who became a globally known air personality at KIIS some eight years after his novelty song “Disco Duck” put him on the Top 40 as a recording artist in fall 1976.

“Continuing my relationship with iHeartMedia was a no-brainer,” Seacrest said. “Thirty years speed by when you love what you do. I get to live out my dream every day by interacting with our listeners and hearing their stories. Thank you to Bob and Rich and the entire iHeartMedia team for continuing to support us and grow with us.  And a special thank you to my on-air crew, the best team in radio, for making the show work seamlessly every day.”

Seacrest first arrived in Los Angeles by joining Lisa Foxx as the hugely successful afternoon co-host of KYSR-FM, then a Pop/Alternative known as “Star 98.7.” Before that, he was a popular air personality for Jefferson-Pilot’s WSTR “Star 94” in Atlanta, discovered by then-station head Tony Novia; Seacrest was a regular caller who, through perseverance, found his way into the studio and on the air.

Bressler added, “We are honored to continue working with Ryan, who has consistently delighted audiences both digitally and in-person with his knowledge, energy and trustworthiness. Ryan is truly unique in the world of entertainment, with a keen eye for business and the talent to match. His impact is unparalleled, and we congratulate him on nearly three decades as part of the iHeartMedia family.”

RBR+TVBR OBSERVATION: Congratulations to Ryan Seacrest for extending his iHeartMedia deal. He’s certainly integral to the iHeart machine, given his role as the host of AT40 and his syndicated On Air with Ryan Seacrest, which can be heard practically everywhere these days. That said, we wish iHeart would reconsider his role at KIIS-FM. Like the last years of Dees, his predecessor, the ad revenue may be decent. Like Dees, his predecessor, some of the ratings in particular demos may be good. But, Seacrest no longer fits what the biggest Top 40 station in the nation needs to be, unless KIIS wants to become a broad mass-appeal Hot AC and model itself after 104.6 RTL in Berlin, perhaps the most successful contemporary music station in the world. Seacrest would be best served, in our view, as the morning host of Hot Adult Contemporary KBIG “My104.3,” which could use a nice bump. It would complement Adult Contemporary KOST, with former Dees sidekick Ellen K, kicking butt in wake-ups. And, it would allow KIIS to send “97.1 NOW” off by playing Taps as the Audacy FM is rumored to be prepping a flip to Sports Talk. KIIS’s NEXTGEN morning host could be someone of the Olivia Rodrigo generation, one who knows the leads of “Cruel Summer” (not the Bananarama song but the Freeform limited series) and likely follows them on Instagram alongside Kaitlyn Dever. Seacrest’s star power notwithstanding, it’s time for KIIS-FM to bring in someone a 22-year old Latina can relate to — not their moms.

Adam Jacobson

KIKU’s New Owner? Look To KITV

Radio+Television Business Report
3 years 8 months ago

In late 2019, Richard French’s RNN and Ted Bartley‘s NRJ struck a deal that saw French’s broadcast TV company acquire 8 stations in a $81.2 million deal in which Moelis & Company served as the seller’s broker/financial adviser.

Now, RNN is selling one of those properties — a UHF station serving the Hawaiian Islands.

The buyer? Look no further than the ABC affiliate in the 50th state. It’s a deal that creates a duopoly for a man intent on creating the nation’s largest TV station ownership group.

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Adam Jacobson

Townsquare Media Secures Its Q3 Earnings Call Date

Radio+Television Business Report
3 years 8 months ago

Townsquare Media, the “local first” company that uses digital media, programmatic solutions and its radio stations to best connect brands with listeners across small and mid-sized U.S. markets, has locked in the date it will release its Q3 2021 financial results.

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Adam Jacobson

Cumulus Creates A Marketer/Agency ‘Media and Creative Advisory Group’

Radio+Television Business Report
3 years 8 months ago

Pierre Bouvard, Chief Insights Officer of Westwood One and its parent, Cumulus Media, is well-known for being the radio industry’s biggest cheerleader. Every week, his blog posts illustrate the continued strength of a business that continues to lose dollars to digital media and lacks respect among many Madison Avenue decisionmakers.

Perhaps that will soon change, as he’s now taking the lead position of Cumulus’ newly created “audio media and creative advisory group for marketers and agencies.” 

Introducing the Audio Active Group (AAG), described as a “natural evolution from a sponsor-focused research and insights group to a true comprehensive marketing advisory.”

How so? The Audio Active Group seeks to partner with clients to measure the impact of the entire audio campaign — not just the Cumulus/Westwood One investment.

It will specialize in audio creative best practices, media planning, strategic allocation within radio, and measurement of the entire radio investment.

“One-third of brands in audio today are new to the medium. As major brands discover audio, they have lots of questions about audio creative strategy, media planning, and campaign measurement, and we have a deep understanding of what audio campaigns can accomplish,” said Suzanne Grimes, EVP, Marketing for Cumulus and President of its Westwood One national radio arm. “Under Pierre’s deft leadership, we are the only company that measures the impact of the entire audio investment and uses our trove of creative-testing and campaign-effectiveness data to help guide clients’ media investments and creative strategy.” 

The Audio Active Group publishes weekly audio insights, advertiser case studies, and sales videos:   ·        The Audio Active Group’s weekly reports and the latest up-to-date audio insights are available here.  ·        The Audio Active Group’s library of weekly sales videos is available here. 
Adam Jacobson

The Impact of Product Placements on TV Viewer Behavior

Radio+Television Business Report
3 years 8 months ago

During the 2020 Christmas season, a well-known brand of TexMex-style food products integrated some of its offerings into a Lifetime yuletide yarn. The products also found their way into one of Food Network’s top cooking programs.

Did those product placements translate to a bump in sales? TV measurement and analytics firm 605 and the company that handled the product integration agreements teamed up to find the answer.

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Adam Jacobson

A Boston Radio Vet Sells His Cape Cod Cluster

Radio+Television Business Report
3 years 8 months ago

For two generations of Top 40 radio listeners, Saturday evenings may have involved tuning in to a syndicated program that was never shy to play a European dance track or take requests from those tuning in across the U.S.

John Garabedian‘s “Open House Party” was a fave from Poughkeepsie to Eureka, with its roots at iHeartMedia-owned WXKS-FM “Kiss 108” in Boston, where Garabedian first found success with the program.

Garabedian sold “Open House Party” to United Stations in 2012, and retired as host on January 28, 2017. But, he was still active in radio, thanks to his ownership of four FMs and two FM translators on Cape Cod.

That ownership is about to end, thanks to a deal brokered by Kalil & Co.

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Adam Jacobson

The InFOCUS Podcast: Daniel Anstandig

Radio+Television Business Report
3 years 8 months ago

On September 17, RBR+TVBR readers first learned about some of the key findings in the just-released study, “The Future of Audience and Revenue,” produced by Futuri, with the assistance of SmithGeiger. On September 24, a White Paper with further details from the study was released.

With many insights for radio and for television, we asked Daniel Anstandig, founder and CEO of Futuri Media, to summarize much of the 36-page report. He obliged and is our guest on the latest InFOCUS Podcast, presented by dot.FM.

Listen to “The InFOCUS Podcast: Daniel Anstandig” on Spreaker.

Adam Jacobson

Quicklink Goes With Virtual NAB 2021 Series

Radio+Television Business Report
3 years 8 months ago

SWANSEA, WALES (U.K.) — With the announcement this month of the cancellation of NAB 2021, Quicklink has announced a series of virtual NAB 2021 webinars.

They’ll occur on October 5 and 6, during which the Quicklink team will announce and give a first-look at the Quicklink Virtual Event Production Solution.

The product gives users “professional, high-quality guest contributions, build and create a professional production, and broadcast to multiple physical, digital and social destinations – all on your own hardware or cloud instance.”

Quicklink will also offer details on its Quicklink Manager remote contribution management platform.

The 40-minute live webinar will include discussions on language localization, contributor session termination, and triggered notifications.

Registrations will have access to watch live and receive an on-demand version after the events have taken place.

To register for Quicklink’s Virtual NAB webinars, click here.

RBR-TVBR

Meet TM Studios’ New Western Affiliate Relations Man

Radio+Television Business Report
3 years 8 months ago

TM Studios is welcoming an industry veteran who has been charged with representing the company’s radio industry products to clients across the Western United States.

It’s an individual with on-air experience at Smooth Jazz stations in Cleveland and Denver, and for Jones Radio Network and Dial Global.

Taking the position is Greg Allen. 

“TM Studios presents the perfect opportunity for me to collaborate with stations all over the country,” Allen said. ‘Under the leadership of Greg Clancy, Dave Bethell and Chris ‘UK’ Stevens, TM is poised for great success. I look forward to partnering with our clients to solve their audio branding challenges while helping to increase ratings and revenue.”

Clancy, co-owner of TM Studios added, “We are thrilled to have someone with Greg’s passion and experience join our team.”

Allen is based in Cleveland, where he once was a host for WNWV “107.3 The Wave.” He later worked at the former KHIH-FM in Denver, under Adams Communications ownership.

TM Century in late 2020 was acquired by Reatro Ventures-owned Media10, joining the ARC Software family of products for Radio. ARC was developed by Sun Broadcast Group founder and former CEO Jason Bailey.

Adam Jacobson

New Additions To BRAVO Studio Platform

Radio+Television Business Report
3 years 8 months ago

Simplifying cloud-based production.

That’s a key focus of a virtual technology portal that will serve as a primary connectivity point for learning about the latest enhancements to Evertz‘s BRAVO Studio cloud-based control room.

The scalable BRAVO Studio is a collaborative live switching platform that gives broadcast operators an environment that simulates a traditional control room, allowing users to produce shows in the cloud.

It incorporates web-based interfaces that can be accessed from anywhere.

And, BRAVO Studio allows staff to collaborate with any number of team members to produce live events from their own homes, regardless of the size or complexity of the projects they are working on, Evertz notes.

The platform encompasses such Evertz products as MAGNUM OS Orchestration and Control, which provide signal routing solutions.

Other useful functionality includes multiviewing, VUE user interfaces for operations and access to the DreamCatcher suite of live production tools.

Evertz will introduce the latest additions during its Evertz Connected 2021: Fall Edition. It is scheduled for October 1-15. Registration is free and is now open at connected.evertz.com.

In other product news, Evertz has integrated its Ease Live graphics engine into BRAVO Studio. “This means that program creators can deliver many more interactive options to consumers, allowing them to make bets, select players, view statistics, view highlights, or take part in quizzes – all of which will keep viewers engaged in the live production,” Evertz says.

Evertz is based in Burlington, Ontario, Canada.

Adam Jacobson

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