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NewsBriefs

M.I.A.'s Middle Finger Has People Talking. A lot of talk is being heard about one of British singer M.I.A.'s fingers – specifically a middle one, with which she was seen "flipping the bird" on television coverage of Madonna’s Super Bowl half-time show. The Parents Television Council is already tackling the controversy. The PTC says the NFL promised the organization a clean show despite casting performers with provocative reputations. It's also believed M.I.A. slipped in an expletive when she joined Madonna during the Sunday night show. But the finger, seen by some 110 million viewers, is getting the main focus. "The obscene gesture in the performance was completely inappropriate, very disappointing and we apologize to our fans," says Brian McCarthy, spokesman for the NFL, which produced Madonna's halftime show. NBC spokesman Christopher McCloskey says, "The NFL hired the talent and produced the halftime show. Our system was late to obscure the inappropriate gesture and we apologize to our viewers."

One Less Fox Sports Maine Station with WAEI-FM Format Flip. Blueberry Broadcasting’s Fox Sports Maine, which has been comprised of several stations, now has one less frequency, as WAEI-FM, Bangor, flips to Adult Variety Hits "Big 104" WBAK-FM, with music from the 1960s to 1980s. The Fox Sports format continues to originate at WAEI-AM. "Big 104" launches with 10,000 songs in a row, after which it is expected to simulcast with sister WABK-FM, Augusta, Maine. Blueberry Broadcasting operates 17 stations throughout the state of Maine.

Simmons Media Names Two SLC PDs. Simmons Media makes two Program Director appointments for its Salt Lake City cluster. After serving as interim PD, Sean Demery is officially named Program Director and Brand Manager for Alternative Rock "X96" KXRK-FM, and Simmons hires Matt Johnson as PD and Brand Manager for Hit Music "Mix 107.9" KUDD-FM. Demery has more than 25 years of programming experience. Demery came aboard as interim PD following the exit of longtime "X96" PD Todd Nuke'Em late last year. Johnson was most recently PD for Beasley CHR-Top40 "B 103.9" WXKB-FM, Ft. Myers, Florida.

Doc Thompson Out Again. Radio talk host Doc Thompson is out at WRVA-AM, Richmond, Virginia, only a week after he was let go from WLW-AM, Cincinnati. The Cincinnati Enquirer’s John Kiesewetter writes, "Thompson has lost his other Clear Channel job" at WRVA-AM, "where he kept doing afternoon drive after moving" to Cincinnati in October 2010. The Cincinnati media reporter says Thompson posted a message on his Facebook page Friday night: "I am no longer hosting my Richmond show. In the world of radio broadcasting... sometimes these things just happen. As I said earlier in the week it will all work out for the best and I am blessed. To the people of The Commonwealth of Virginia… You are wonderful! To the WRVA staff and listeners… Thank you!” Thompson's Richmond termination came a week after he was fired by WLW-AM during his vacation week to honeymoon, making room for WLW-AM to rehire Eddie Fingers, and move Scott Sloan to Thompson’s 9am-noon shift.

Controversial Memphis Radio Talker Back On Air. Memphis radio talk host Thaddeus Matthew is back on the air, after being silenced by management for about 24 hours, reports Ernie Freeman at MyFoxMemphis.com. Matthews hosts an afternoon show on Pollack Broadcasting's WPLX-AM. Some say he went too far last week during an intense interview on his show with Republican Congressional Candidate Charlotte Bergman. She walked out during the interview after Matthews called her names and refused to shake her hand. Thursday, his listeners did not hear him, because the station's owner, Bill Pollack, turned off the transmitter. Pollack apparently sympathized with Bergman, and told her in a letter, which she posted on her Facebook page, that he would "handle" Matthews. Pollack turned off the station's transmitter effectively silencing Matthews. But, Friday, Matthews was back on the air, after getting a judge to issue a temporary restraining order, forcing Pollack to put the station, and Matthews, back on the air.

Jim Ladd Ready to Air Via Satellite. "The Last DJ" Jim Ladd, who was let go by Classic Rock KLOS-FM, Los Angeles, will debut on SiriusXM, February 13. Ladd had returned to L.A. radio to say goodbye on a one-time show on KFI-AM. "Jim Ladd on Deep Tracks" will air from a studio he will describe as "high atop the Hollywood hills," reports Gary Lycan for the Orange County Register. He writes that the early start time is so listeners across the country can hear it live in later hours. There is also a possibility the four-hour program will be repeated in the overnight hours for Ladd fans in Southern California. Lycan notes that SiriusXM's "Deep Tracks" features "deep Classic Rock" and "fits perfectly Ladd's well-known format of playing only what he wants in what he calls free-form."

Three Exit Merlin Media's WEMP-FM, New York. Merlin Media New York VP of Programming Liz Aiello has exited, as have Senior Director of Digital Programming Rich McLaughlin, and VP of Production Jerry Rohira. The exits have now been confirmed by CEO Randy Michaels Merlin Media, although no specific reasons are given. Merlin Media operates struggling "FM News 101.9" WEMP-FM in New York, which like its Chicago sister "FM News 101.1" WIQI-FM, is seeking an audience for its version of All News programming, continuing to make changes and "adjustments." Rohira and McLaughlin were both hired by former COO Walter Sabo who exited last month "at the request" of Michaels.

Mary Sneed Joins Light Media. Light Media, "an Inspirational Media Specialist," announces that Mary Catherine Sneed has joined its team. Sneed previously was Radio One's Chief Operating Officer for eight years until 2006. Sneed will advise Light Media on key strategic corporate initiatives, including but not limited to sales, programming, acquisitions, and alliances. Says Light Media CEO Danny Wilson, "Light Media is excited to have Mary Catherine Sneed as a value-added member of its strategic advisory team."

NAB Denies Seeking FM Cells Capability Mandate. The NAB says it is not seeking to force a legislative "mandate" for the inclusion of FM chips in mobile devices, including cellphones. The response comes to a letter from CEA, CTIA and the musicFirst Coalition to members of the Congressional Black Caucus. In a statement, NAB EVP of Communications Dennis Wharton says: "It is disappointing that CEA, CTIA and musicFirst are falsely claiming that NAB is seeking a mandated radio chip in cellphones. We have said repeatedly to these organizations that NAB supports a market solution to this issue, and even CTIA admits as much in the attached fact sheet. By distorting our position, CEA, CTIA and musicFirst are doing a disservice to policymakers who deserve open and honest information. From a public safety perspective alone, voluntary introduction of radio chips in cellphones makes perfect sense. It would be our hope that when it comes to saving lives in times of emergency, our friends at CEA, CTIA and musicFirst would move beyond intimidation tactics and special interest politics and encourage a substantive debate on the merits of this issue."

Cincinnati Radio Engineer Charged with Equipment Theft. The former Chief Engineer for Cumulus Cincinnati is facing felony theft charges for allegedly stealing over $129,000 in broadcasting equipment, dating back to May 2011. Ben Ary's employment was terminated just days before his arrest. The 35-year-old radio engineer's theft of the equipment was reportedly discovered by management of the Cumulus Cincinnati cluster, leading to his firing and subsequent arrest. He's due in court next week to enter a plea. The radio stations in the cluster include AC "Warm 98" WRRM-FM, Classic Hits WGRR-FM, Classic Rock "Fox 92" WOFX-FM, "96 Rock" WFTK-FM, and Country WNNF-FM.

Winging It in Philadelphia. KFC may be short on wings for a while, after Philadelphia CBS Radio Sports WIP-AM-FM held its annual Wing Bowl Friday morning. Takeru Kobayashi, considered a competitive eating champ, polished off a record-setting 337 wings at Wing Bowl 20 beating the previous record set last year by 82 wings. Keep in mind the KFC shortage of wings is based on all of the wings eaten (just swallowed?) by all of the contestants. The annual chicken wing eating competition took place before a sold-out crowd at Philadelphia's Wells Fargo Center. [NOTE: Please read this item quickly. Takeru Kobayashi may swallow it up at any time!]

Behind the Microphone
Ins-Outs-Radio
The Ins and Outs of Radio

Tracy Austin exits as Program Director of Hot AC "Mix 96.5" KHMX-FM, Houston, after about a year and a half, and is seeking new opportunities. CBS Radio Houston VP of Programming Mark Adams will handle programming for "Mix" until a replacement is named ... Classic Hits "105.7 The Walrus" XHPRS-FM, San Diego, installs John Nolan for mornings, using just "Nolan" on the air. He previously hosted mornings at "Star 92.9" WEZF-FM, Burlington, Vermont ... Hot AC "Key 103.1" WAFY-FM, Frederick, Maryland, adds Sierra Decker and Shinn to team with Tommy Jordan in mornings. Decker most recently worked in mornings at WUBB-FM, Savannah. Shinn came on board recently from sister Nassau Broadcasting CHR-Top40 WPST-FM, Trenton, NJ ... Zac Morgan joins the morning show at Hot AC "My 102.5" WMYI-FM, Greenville, teaming with in-plae Marne Mason ... Former KBIG-FM, Los Angeles, afternoon show producer Brad Nolan is in for afternoons at "Click 98.9" KLCK-FM, Seattle, starting February 20 ... Former "Q101" WKQX-FM (now "FM News 101.1" WIQI), Chicago, "Sherman and Tingle" morning show co-host Brian Sherman, now solo, is in at Alternative "FM 102/1" WLUM-FM, Milwaukee, for parttime and swings. We recently reported that Sherman and Tingle had given up seeking a new show together, and Steve Tingle has joined "Wired" WRDW-FM, Philadelphia.

For More Radio & Media News ...
TPM NewsPage2

• Arbitron Says MRC Withdraws Five PPM Markets Accreditation
• Forbes: 'Can Ryan Seacrest Save Clear Channel?'
• Detroit's WCAR-AM Becomes 'ESPN 1090'
• '97.5 ESPN Deportes' Launches in Chicago
• Inner City Seeks to Protect Trademarks from Creditors
• RTDNA Opposing Proposed FCC Recordkeeping Changes
• AFTRA and SAG Boards Both Agree to Merger
• Radio-ASCAP Settlement Approved by Federal Court
• Ryan Seacrest Receives $300M Investments from Clear Channel, Thomas H. Lee and Bain Capital
• NABEF to Honor State Farm with Corporate Leadership Award
• Greater Media Boston Market Manager Tom Baker Retiring, Rob Williams Named to Be New Boston Market Manager
• Radio Mercury Awards Opens Call for Entry, Announces 2012 Chief Judge
• Comcast and NBC Make $2.7M Commitment to Broadcast Museum
• Bob Maccini: Are Broadcasters Making A Mistake Joining iHeartRadio?
These stories, and much more, are available now on TPM NewsPage 2



Monday'sTPM Hit Music
Daily Dozen

Our new Number One -- Adele's SET FIRE TO THE RAIN -- is far out in front of any other song, by more thn 900 total plays, and continuing to gain rapidly, while former top-tune-topper and now runner-up, Katy Perry's THE ONE THAT GOT AWAY continues backing away from Adele's third straight #1 TPM SuperHit. Speaking of third, despite a lot more losses, Bruno Mars' IT WILL RAIN remains in that position. Flo Rida's GOOD FEELING continues renewed gains, but can't advance beyond fifth -- at least not yet. WE FOUND LOVE from Rihanna with Calvin Harris is still in the way! Jessie J's DOMINO continues rapid gains, but yet has a gap to advance again. Gavin DeGraw's NOT OVER YOU passes Selena Gomez's LOVE YOU LIKE A LOVE SONG ... but even more notable, Kelly Clarkson's STRONGER (WHAT DOESN'T KILL YOU), still SuperGaining, is up 12-11. The Top 12 Songs of the Day, every day, from TOTAL Popular Music - 'The NEW Mass Appeal Hit Music Radio Format!'



New TPM Super Sixty

It's official! There's a new Number One SuperHit at Total Popular Music. On the new Super Sixty for the week of February 5, the five-week reign as top-tune-topper for Katy Perry's THE ONE THAT GOT AWAY comes to an end. SET FIRE TO THE RAIN -- still SuperGaining -- passes TOTGA, which is now experiencing serious losses, to give Adele her third straight Number One winner, adding more than 1200 TotalPlaysMonitored week-to-week. Right now, there's no rising/gaining challenger within striking distance, portending what could be a long visit to the penthouse for Adele. TOTAL Popular Music - The PPM-friendly 'NEW Mass Appeal Hit Music Radio Format' -- an exclusive service of Mark Harris Broadcast Consulting.



Today's Radio & Media News

Philadelphia Phillies Add 'SportsRadio 94' WIP-FM
94 WIP CBS Radio and the Philadelphia Phillies have agreed to a multi-year partnership that will allow Phillies games to be broadcast on Talk WPHT-AM and "SportsRadio 94" WIP-FM. Phillies play by play will be heard on WPHT and WIP during the pre-season, regular season and post-season. The agreement begins in February during Spring Training. The first game on WIP-FM will be March 3, the Phillies pre-season opener against the New York Yankees. Says Phillies SVP of Marketing/Advertising and Sales David Buck, "1210 WPHT has a long tradition as the Phillies flagship radio station in Philadelphia. We’re proud to continue the partnership and look forward to many exciting seasons ahead. We’re also thrilled to have an FM station broadcasting our games with the addition of SportsRadio 94 WIP.” CBS Radio Philadelphia SVP and Market Manager Marc Rayfield tells us, “It’s a very exciting time for WPHT and WIP, and this partnership with the Philadelphia Phillies only adds to the interest audiences have in these two leading radio stations. We look forward to the future with the most thrilling team in baseball.” WIP-FM will have a studio housed at Citizen’s Bank Park, Anthony Gargano announced on the air. Phillies President and CEO David Montgomery joined Gargano and Glen Macnow on WIP-FM Monday (Feb. 6) to make the announcement. Scott Franzke and Larry Andersen will continue to call the games for WPHT and WIP.



Chicago's WLS-AM Faces $44,000 Sponsorship ID Fine
WLS-AM The FCC is proposing a $44,000 fine against Cumulus Talk WLS-AM, Chicago, for sponsorship identification violations. A complaint alleged that WLS-AM aired "program matter" from a group called Workers Independent News without identifying that it was "an advertisement, not a news story." Workers Independent News describes itself as a group "focused on the issues and concerns of working people," and claims to be "a news service" which "is devoted to bringing the voices of workers, their families, communities and organizations to the widest public possible, using all means of electronic media." WLS-AM says that between March 18 and May 30, 2009, it aired 45 ninety-second spots, 27 fifteen-second promotional announcements, 2 two-hour programs, and 1 one-hour program from WIN in exchange for "consideration or the promise of consideration." It said that all of the programming complied with sponsorship identification rules except 11 ninety-second spots that did not carry a notice that WIN paid for or sponsored the spot but did identify WIN and the narrator, Doug Cunningham, which the former Citadel station claims satisfied the rule. The FCC rejected that contention, and also the station's claim that because the spots ran within commercial clusters, it was apparent to listeners that the material was paid content. The Commission says rules requiring that the ads, considered political, themselves had been paid for by Workers Independent News were violated by the station. Each of 11 airings that were not properly identified receives a $4,000 fine for the total of $44,000 proposed by the Commission. Some listeners said to spots sounded like a news item.



Nashville 'Lightning 100' PD David Hall Dead at 57
David Hall Veteran radio programmer and on-air personality David Hall has died at the age of 57. Most recently, he's been Program Director and afternoon drive host at Triple-A "Lightning 100" WRLT-FM, Nashville. The station posts the news of Hall's passing, and its shocked reaction, on the "Lightning 100" website: "This weekend, we were devastated to learn that our co-worker, Program Director, longtime family member and faithful friend, David Hall, had passed away. David’s steadfast professionalism and charm were hallmarks of his time at the helm of Lightning 100. He was THE face and THE voice of Nashville rock radio and Lightning 100, spanning decades at the microphone. He was a fierce advocate of many Nashville artists you hear on Lightning 100, a role which he relished as “David Hall Rocks Y’all,” every weekday afternoon. He brought them to Nashville radio and the rest of the world via live broadcast and the internet every Sunday with Nashville Sunday Night. In local music, David championed everyone from Jason & the Scorchers in the 80’s, The Evinrudes and Leigh Nash in the 1990s, to Gabe Dixon and Drew Holcomb and the Neighbors, in 2012. Prior to his work at Lightning 100, Nashville radio listeners knew David, a Kentucky native, from his years at WKDF-FM, which was one of the south’s legendary rock stations during his employment there, from 1980 -1988. David also broadcast as part of the 1988 -1993 line-up at Classic Rock WGFX “The Fox,” before coming to Lightning 100. In the coming days we will mourn the loss of our loyal friend and celebrate his life and contributions to the Nashville music scene."



College Radio Station Says No to iHeartRadio Offer
KRLX-FM Carleton College noncommercial KRLX-FM, Northfield, Minnesota, doesn't want any part of Clear Channel's iHeartRadio – at least not as offered. Or, as The Carletonian, the student-run newspaper of Carleton College a small, private liberal arts college in Minnesota, puts it: "KRLS refuses to 'sell out'." The college station has turned down an offer to be carried by iHeartRadio. As we've previously reported, Clear Channel Media and Entertainment announced January 23 that it will add college radio stations to its iHeartRadio. KRLX student Station Manager Danny Nathan tells the student newspaper that Clear Channel offered streaming equipment in exchange for carrying the station on the app, but that Clear Channel would retain ownership of the equipment and remove it at any time, while KRLX would be responsible for maintaining the equipment at its own expense. A KRLX student board member adds that "the only benefit for signing up with Clear Channel would be a $2,000 piece of equipment that we could easily purchase. It would be a loss of independence for no benefit." Nathan adds, "They weren't asking us to change our programming, but we could no longer claim to be a fully independent, student-run, college- owned radio station." He says, "it would be great to get free stuff, but all of the baggage that comes along with that free stuff was not worth it to us. It comes down to the fact that we can do this ourselves, we should do this ourselves, and we'll be better if we do it ourselves."



Conclave 2012 Rockwell Award Recipients Announced
The Conclave The Conclave announces that Fred Jacobs, President of Jacobs Media, and Rich Meyer, President/CEO of Airplay Intel are recipients of the 2012 Rockwell Award. They will be honored at the annual awards luncheon during the Conclave Learning Conference July 20 in the MusicMaster Room of the Doubletree Park Place Hotel in Minneapolis. Says Conclave Board Chairman Mark Bolke, "I am thrilled to see Fred Jacobs and Rich Meyer named as this year's recipients of the Rockwell Award. They have distinguished themselves as industry leaders, innovators, and most importantly, benchmarks of integrity and character. It will be my honor and pleasure to see them both formally recognized in front of their industry peers this July in Minneapolis." Jacobs' company Jacobs Media has been an active part of the Conclave Learning Conference and since 2010 has presented its Jacobs Media "Summer School" series. He tells us, "As a lifelong radio guy and student of the game, I am so humbled and excited to be named a Rockwell honoree. Thanks to the Conclave for this special honor." And says Meyer, "I am extremely honored and grateful to be receiving the Rockwell Award this year. It is a true testament to the hard work of the hundreds of talented individuals I have had the privilege of working with for so many years. If the award could be broken up into tiny little equal sized pieces, I would give a piece to every single person that has been there along the way." Awarded annually by the Conclave’s Board of Directors, the Rockwell Award is the Conclave’s highest honor. Since 1989 this lifetime achievement award has been given in memory of one of the Conclave’s founding members, Mike Rockwell.



CHR-Top40 'i97-5' Debuts in Tucson with 'All The Hits'
i97-5
Cumulus Adult Variety Hits "97.5 Bob FM" KSZR-FM, Tucson, flips to CHR-Top40 "i97-5" with the slogan "All The Hits" – targeting today's young adults including Gen Y listeners and adults 20-35. The new format launched Friday (Feb. 3) at noon with 10,000 songs in a row, giving listeners what it calls "a high impact, concentrated sample of what 'All The Hits' really means." The new "i97-5" is online at AllTheHitsi975.com. Says Market Manager Ken Kowalcek, "We couldn't be more excited about the new i97-5. This station brings an energy and enthusiasm that revolves around all the hit music that is the heart of i97-5." KSZR-FM, which is licensed to Oro Valley and serves the Tucson market, didn't stunt before the flip, but the new format and identity was not a complete surprise. The station had told advertisers it would begin commercial free programming Friday at noon. Rumors swirled that a CHR-Top40 format would debut at that time. The late "Bob" had told listeners he had the "Greatest Hits from the '80s, '90s and today!" but the station struggled for ratings. The "i97-5" branding is similar to other Cumulus CHR-Top40 stations which use the "i" identity. KSZR has gone through a variety of format changes in the past, including AC "Star 97.5" before the former Citadel changed it to "Bob" in late 2004. The "Star" format followed two different attempts at Country music as "Cat Country" and "Coyote Country." The newest format appears to be in direct competition to Clear Channel's market leading CHR-Top40 "93.7 KRQ" KRQQ-FM, which ranked third in Arbitron’s fall survey when "Bob" was 16th.



Clear Channel Goes All Out for Madonna
Premieres New Madonna Single Across Multiple Platforms Worldwide

CCME Clear Channel has partnered with Madonna to launch a worldwide campaign for her latest single and video, "Give Me All Your Luvin'." The campaign – which includes the new single airing on Clear Channel and partner radio stations and websites – will reach more than 150 million people around the world. The video and single are also available on demand at iHeartRadio.com; on Clear Channel radio station websites in the U.S., Australia and New Zealand; and via Global Radio's Capital FM Network in the UK. Clear Channel will also use extensive on-air and online promotions to drive listeners and Madonna fans to iTunes, where they can buy the new single and pre-order (with a special discount offer available only through the weekend) her new album MDNA, scheduled to be released in March 2012. This morning (Feb. 3), the "Give Me All Your Luvin'" single aired simultaneously across 95 Clear Channel CHR and Rhythmic CHR stations as well as Clear Channel stations in Australia and New Zealand. The single will also run across stations throughout the United Kingdom through Clear Channel's partnership with Global Radio's Capital FM Network, the UK's premier radio company. The premiere featured a introduction by Madonna, and was followed by an exclusive megamix of unreleased tracks from MDNA, her new album. In addition to the premiere, from February 3-5, participating Clear Channel stations will play "Give Me All Your Luvin'" at the top of every hour and air the megamix throughout the weekend. Clear Channel-New York City stations are also promoting Madonna's halftime appearance this Sunday, with a chance to win a trip to see her performance. Participating stations will also direct people how to enter to win a trip for two to the kickoff of Madonna's world tour overseas.

At the same time, the full-length Madonna music video of "Give Me All Your Luvin'" ran on Clear Channel Outdoor billboards in New York City; Fashion Island, Las Vegas; Piccadilly Circus in London; La Defense in Paris; Oslo Central Station in Norway; and Helsinki, Finland. More than 1,600 Clear Channel Outdoor digital billboards around the world will feature Madonna before, during and after the premiere, including in subways, malls, railway stations and bars. In advance of the premiere, a teaser campaign featuring a countdown clock was launched globally to build excitement surrounding the premiere of the single and to tell fans where they can watch and listen to the new single this Friday. "Madonna Radio" will be featured on the homepage of iHeartRadio.com. The single will stream on demand on the home pages of 95 Clear Channel CHR and Rhythmic CHR websites, and promotion for the single will be posted on all Clear Channel CHR and Rhythmic CHR station Facebook pages, as well as the iHeartRadio Facebook and Twitter pages.

"This first of its kind multi-media premiere with Madonna demonstrates the unequalled scope and strength of the entire Clear Channel platform -- a range and depth that enables us to work with the most talented and creative artists in the world to develop truly groundbreaking promotional opportunities," says Clear Channel CEO Bob Pittman. "By combining the power of broadcast radio on several continents; online and mobile via iHeartRadio and our station websites; and our dynamic digital outdoor advertising network with Madonna's extraordinary talent, creative drive and taste for innovation, we can reach millions of Madonna fans around the world and present audiences around the world with an unforgettable entertainment experience."



Beasley Broadcast Group Q4 Net Revenue Down
Net Income Rises 1.7%, Full Year Net Income Increases 26.5%

Beasley Broadcast Group Beasley Broadcast Group reports a 6.8% decline in net revenue for the fourth quarter of 2011, a year-to-year drop of $1.8 million, which "primarily reflects the impact of a reduction in national and political advertising compared with the same period in 2010." However, net income rose 1.7% to $3.4 million attributed to a $1 million reduction in interest expense. A "$0.9 million, or 11.5% year-over-year reduction in 2011 fourth quarter operating income is primarily attributable to the year-over-year revenue decline which more than offset a $0.9 million or 4.9% reduction in total operating expenses compared with fourth quarter 2010 levels," reports Beasley. "Fourth quarter 2011 station operating income (SOI), a non-GAAP financial measure, dropped $1.0 million, or 9.5%, to $9.4 million compared with the 2010 fourth quarter based on the revenue decline which more than offset a $0.8 million or 5.0% reduction in station operating expenses. The 1.7% growth in 2011 fourth quarter net income reflects a $1.0 million, or 42.9% reduction in interest expense as a result of lower outstanding credit facility balances and the expiration of swap agreements at the end of the 2011 first and third quarters which more than offset the reduction in operating income during the period. Net income per basic and diluted share was $0.15 for both the 2011 and 2010 fourth quarter periods."

Says Chairman and CEO George Beasley, "Radio advertising remained relatively stable despite widespread economic concerns and volatility in the capital markets throughout the year. Importantly, during the fourth quarter and throughout 2011, we continued to make progress across the organization in enhancing operating efficiencies and maintaining a disciplined approach to spending. Overall, the industry recorded seven consecutive quarters of growth through the third quarter of 2011 which underscores our belief that radio remains both resilient and highly relevant in a digital world. During the quarter, the Company celebrated its 50th consecutive year in radio broadcasting and our success over this period has been defined by our ability to bring consumers and advertisers a platform that efficiently addresses their respective needs. In this regard, Beasley Broadcast Group remains committed to continuously developing strategies to benefit from changes in the media and advertising environments and the preferences of consumers and advertisers. Beasley Broadcast Group's fourth quarter revenue decline reflects a combination of weak overall national spending in our markets and several unique national advertising issues that we have addressed or which were essentially one time in nature. In addition, approximately one third of the overall revenue decline relates to a reduction in political spending in a non-election year. However, even during periods of lower revenue, our bottom line continues to benefit from our streamlined cost and operating structure. In light of the challenges faced during the quarter, we lowered station operating expenses by 5% while total operating expenses for the quarter were also reduced by 5% on a year-over-year basis. These factors, combined with a significant reduction in interest expense, led to a 1.7% increase in 2011 fourth quarter net income.

"Excluding the impact of political, revenue would have increased on a full year basis. Through active management of station operating expenses, which we reduced by 1.9% in 2011, SOI rose by 2.9% in 2011 compared with 2010. In addition, 2011 net income rose 26% over 2010 levels and reflecting our ongoing focus on costs and efficiencies, we increased SOI margins to 35%, from 34% in 2010. During the fourth quarter, we further strengthened our balance sheet as we made repayments totaling $5.9 million against the credit facility, reducing total bank debt to $126.7 million at December 31, 2011 from $142.0 million at the end of 2010. We ended the fourth quarter with our lowest leverage ratio in over five and a half years and remain committed to using cash from operations to further lower debt as well as other initiatives that can enhance shareholder value. Looking forward, we remain focused on our station clusters matching or exceeding their market's revenue performance, and further strengthening the balance sheet through reductions in borrowings. We have strong station clusters and ratings in key markets and we are highly focused on generating profitable station and digital revenue growth. We also continue to actively evolve the company through the deployment of relevant technologies as we expanded our digital capabilities and offerings and launched a new app for Android devices. We believe our concurrent focus on our core content and new media opportunities allows us to best address both current and prospective radio users. We also believe our platform is emerging as a high value media buy for advertisers and a primary source of on-air, online and mobile entertainment for consumers, which in turn is expected to generate new value for shareholders. In addition, we expect a return of political spending in 2012 with several of our markets expected to benefit from contested elections."



Salem Appoints Phil Boyce Director of Spoken Word
Phil Boyce Salem Communications announced today (Feb. 2) the appointment of Phil Boyce to the position of Vice President, Director of Spoken Word Format. In this new role, he will oversee the programming practices of all spoken word English formats, and will lead Salem's programming department as, says Salem, "we improve the overall sound and effectiveness of our News Talk, Teaching and Talk, and Business formatted stations." Says Salem Communications Radio Division President Dave Santrella, "Phil Boyce brings an impressive pedigree to Salem and we are confident that our media platforms, our advertisers, our programmers and our listeners will all profit from his oversight. Phil's track record is a testament to his abilities and we look forward to reaping the rewards of his talents to our mutual benefit." Boyce says of his new appointment, "The more I learn about Salem Communications, the more impressed I am with this great company. I could not be more thrilled to be joining them as we work together to make their stations even better. This company has become one of the best places to work in radio, exhibiting class, integrity, and a true dedication to great programming. Ed Atsinger and Dave Santrella have created a position that perfectly fits my skillset, and I am grateful for their trust and support." Boyce joins Salem after three years as President of Programming at Talk Radio Network. Boyce is known for his 14-year stint as Program Director of WABC-AM in New York. During his time there, Boyce was named Vice President of News Talk Programming for ABC Radio and later Citadel. He is widely credited with hiring Sean Hannity in New York and taking his show into national syndication for ABC in 2001. Later he hired Mark Levin at WABC and took him into national syndication in 2006. Boyce left WABC in October of 2008 shortly after WABC hit a 5 share 12+ in New York (Arbitron PPM Sept. 2008), the highest share the station has achieved since going talk from rock in 1982. Before joining WABC, Boyce programmed WJR in Detroit.



Radio Disney Promotes Sean Cocchia and Phil Guerini
Sean Cocchia and Phil Guerini Radio Disney VP of Marketing Phil Guerini is promoted to succeed Sean Cocchia as VP and General Manager of Radio Disney. Cocchia is promoted to SVP of Business Operations and General Manager of Disney Channels Worldwide, supervising Disney Media Sales and Marketing and Radio Disney. The Radio Disney Stations Group will report to both Guerini and to Disney Media Sales and Marketing, overseen by Cocchia. Cocchia joined Disney in 1998 and previously served as SVP/Business Planning and Development for Disney Channels Worldwide and in executive positions at Disney Channel U.S. Disney Media Sales and Marketing. Business Planning and Strategy, Radio Disney and the business functions of both the new Disney Junior and Disney XD cable channels will report to Cocchia, who will also oversee the group's interactions with Walt Disney International, the Finance and Distribution teams and with Disney ABC Television Group's Franchise Management group on new business models and opportunities. Guerini joined Disney in 1992 and was named VP of Marketing in October 2008 after serving as Executive Director of Broadcast and Strategic Marketing of Walt Disney Records and in various positions at the Disney Parks and Resorts division. Radio Disney Programming, Marketing and Finance teams will report to Guerini, and the Radio Disney Stations Group will report to both Guerini and to Disney Media Sales and Marketing. Disney Channels Worldwide President/Chief Creative Officer Gary Marsh says of Cocchia, "Sean and I have worked together for years and it's always been clear that our team benefits greatly from his extensive knowledge of our business and his strategic approach to building on our success in the marketplace." Cocchia says of Guerini, "Phil is held in high esteem throughout our business and has a strong track record of driving growth through innovation. I'm confident that he’ll apply that same insight and energized leadership to his new role and will drive Radio Disney forward as we continue to grow our connection with kids and families in their cars, homes and on the go with mobile devices."



Bob Struble: 'AM/FM Is Only Analog Technology at CES'
Bob Struble HD Radio developer iBiquity Digital's President and CEO Bob Struble recounts his findings after scanning 1.85 million square feet of exhibit space at CES. His conclusion: “I can’t say I saw every one of the 31,000 exhibitor’s booths, but I did see a lot, and came to a distressing realization: AM/FM radio is the only analog technology remaining at the CES, everything else is digital.” Struble adds "that is not a long term growth strategy.” He writes in his iBiquity column at www.ibiquity.com/struble, "In what is somewhat of an annual ritual, I want to share some perspectives from [January's] Consumer Electronics Show in Vegas. Most know that CES is the world’s largest consumer technology trade show and a launching pad for the hottest CE products and services." [Full disclosure: I serve on CEA’s Board of Industry Leaders.] The 2012 CES broke most important records: 150,000 attendees, 31,000 exhibitors, over 1.85 million square feet of exhibit space. The excitement about new technology and enthusiasm for creating new business was infectious. As others have said, more radio people need to be at CES to see what is happening and feed off the vibe." He goes on to write, "Every competitor to AM/FM, every other source of information and entertainment and every CE gadget radio listeners are carrying around or enjoying at home or at work, are based on digital technology – except AM/FM. And that should concern all radio broadcasters, deeply." In a news release about Struble's findings, we are told that the theme of those findings is: "The 2012 International CES showed that the vastly superior consumer experience from digital technologies will win out over the limited capabilities of analog technology. Broadcasters must deliver compelling digital consumer experiences equal to other digital options, in cars, on CE devices and cellular handsets/tablets, or be left behind by consumers and advertisers alike."



Sacramento's KFBK Celebrates 90th Anniversary
KFBK Clear Channel NewsTalk KFBK-AM-FM, Sacramento, is celebrating its 90th anniversary. As part of the celebration, KFBK is unveiling an online museum at kfbk.com showcasing the station's history. The museum includes audio clips, photos and videos. "Since 1922, KFBK has covered Sacramento, providing vital news and information, and cutting edge entertainment," says the online introduction. "As we celebrate our 90th year, we invite you to take a trip in the KFBK time machine and relive some of your favorite moments. And we thank you for helping make KFBK one of the most enduring brands in media." Clear Channel Sacramento VP and Market Manager Jeff Holden tell us, "Having the privilege of working with the people that keep KFBK a significant and relevant voice in the community is a daily occurrence that has been happening for every General Manager of the station over the years. The celebration today is recognition and confirmation that the commitment of the employees, past, present and future, is exactly what Sacramentans, at each point in time over the past 90 years, have so welcomingly accepted into their lives. I couldn't' be more proud to be part of such an illustrious and valuable asset to the region and a part of the team that is making history." KFBK Operations Manager Alan Eisenson adds, "I'm proud and humbled to help lead one of the most enduring brands in media. KFBK's amazing legacy of entertainment, information and service to the community, as well as the station's rich history of helping grow local businesses and create jobs through the myriad of marketing opportunities KFBK provides, can't be equaled."



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Facebook Files IPO, Seeks $5 Billion

Facebook

As expected, Facebook filed for an initial public offering Wednesday afternoon (Feb. 1). The social networking site seeks $5 billion in the IPO. The company's filing documents say it has 845 million daily users. Facebook had $3.7 billion in revenue in 2011 with $1 billion in net income. Revenue was up 88% in 2011 after a 154% gain in 2010. The offering came after stocks finished higher as investors shrugged off the doldrums of January's last few days amid evidence that global manufacturing is alive and well. But profit-taking swept over markets and trimmed gains substantially.

Facebook's IPO has been eagerly anticipated as a defining moment for the social networking company, with more than 800 million members and strong sales of about $4.3 billion last year. Facebook has redefined the way millions of people worldwide interact and share information on the Internet. A Facebook valuation of roughly $100 billion would rank the company just below McDonald's, which is currently 25th, at $101.5 billion, says Howard Silverblatt at Standard & Poor's. In the proposed stock offering, the eight-year-old company detailed its financials for the first time ever. It also stated the various competitive risks to the company. Facebook shares could start trading as soon as May. Once Facebook stock starts trading, it will have to ramp up revenues to maintain such a lofty valuation. Facebook's fortunes hinge on advertising, which accounted for 89% of its annual revenue last year, or about $3.8 billion. Google raked in $37.9 billion last year, 96% of that from ads. The good news, say analysts, is that Facebook commands a 28% chunk of the U.S. online-display ad impression market, up from 21% a year ago. Its closest competitor, Yahoo, had 11% of the display-ad market, up slightly from 10.9% in 2010. The bad news is that Facebook ad sales worldwide are slackening. They grew 104% in 2011 but are expected to climb just 52% to $5.8 billion this year and only 21% to $7 billion next year, according to eMarketer.


Vevo CEO Projects $1B in Revenue

Vevo Vevo CEO Rio Caraeff says his company generated $150 million in revenue in 2011, which reveals that Vevo is profitable. Caraeff was speaking with AllThingsD’s Ina Fried at the Dive Into Media Conference, and while the company has rarely offered specifics about its financials, Caraeff said he felt comfortable sharing the good news. When pressed about future growth, Caraeff envisioned $1 billion in revenue within a "short period of time." Caraeff said, “We are making money, yes,” Past reports have suggested surging revenue at the company, but this is the company's first public admission of profitability, reports Reuters. Vevo is a joint venture involving three of the four major record labels – Universal Music Group, Sony Music Entertainment and EMI. Unlike UMG and Sony, co-owners with Abu Dhabi Media, EMI does not have an ownership stake. Most of its audience comes from YouTube, which has a syndication deal with Vevo. In an ironic twist, Edgar Bronfman Jr., the departing chairman of the only major not to partake in Vevo – Warner Music Group – spoke earlier in the day. Vevo is expanding rapidly in 2012, pushing into the mobile sphere and launching an Xbox application. "The future of the music business is allowing billions of people around the planet to access music experiences," Caraeff said.




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