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Company News

CC/Poughkeepsie Taps Beshore as Market Manager
Clear Channel names Brett Beshore as its new Market Manager for the company's cluster in Poughkeepsie, NY cluster, effective November 30. He was most recently GM of Shamrock's outlets in Wilkes Barre/Scranton. Beshore has also served in similar duties as VP/Market Manager for Cumulus' 4-station group in Danbury, CT. More

Veteran Programmer Watson Exits Amaturo's Jill-FM
Veteran programmer and consultant Tom Watson exits Amaturo Group's AC KJLL-FM and KHJL-FM (92.7 Jill FM)/Thousand Oaks, CA, after a year of service. Prior to Jill FM, Watson, was Operations Manager of Cumulus/Oxnard-Ventura and PD of Country KHAY-FM. Watson previously programmed WNTR-FM (107.9 FM The More

Connoisseur Media Names David Bevins As COO
Connoisseur Media appoints David Bevins as Chief Operating Officer (COO). For the past four years, he's served as VP/Operations. Before Connoisseur, Bevins' management roles included GM for the company's groups in Quad Cities and Rockford, IL, from 1993-2000 when the company was sold to Cumulus. "I am extremely More

Johnson CC/Philadelphia Dir./Urban Programming
Clear Channel/Philadelphia appoints Ken Johnson as Director of Urban Programming overseeing the programming Rhythmic CHR WUSL-FM (Power 99 FM) and Urban AC WDAS-FM, effective November 16. He comes to Philadelphia from ABC Radio Networks where he was Director or Urban Programming. In addition, Johnson served as VP/Urban More

Group CEOs Call For FM Tuners in Cell Phones
Group heads and CEOs from evey major broadcast group, including Cumulus, Entercom, Clear Channel, Commonwealth, Bonneville, Emmis, Greater and Citadel met in separate meetings with FCC Commissioner Michael Copps, Commissioner Meredith Attwell Baker, Commissioner Mignon Clyburn and Commissioner Robert McDowell on Tuesday. More

Okesson Appointed VP/GM of Cox Radio/Stamford
Cox Radio appoints Kristin Okesson as VP/GM for its 4-station cluster in Stamford-Norwalk, including AC WCTZ-FM, Classic Rock WFOX-FM, News/Talk WNLK-AM and News/Talk WSTC-AM. Okesson most recently served as Market Manager for Cumulus/Danbury, CT, and before that she was Sales Manager of Cumulus/Bridgeport, CT. "Kristin More

Arbitron Filing Cites CC, CMLS Moves for Down Revs
In a 10q filing with the SEC, Arbitron reveals that Cumulus and Clear Channel's move to Nielsen in some of their smaller markets contributed to the $4.6 million decline so far in 2009 revenue. The ratings giant expects revenues to fall by $5 million this year and then $10 million per year thereafter. "Due to the impact of More

Cumulus Q3 Revs Down 18.5%, Profit Swings to Loss
Cumulus Media reported an 18.5% drop in third quarter net revenues to $65.1 million from $79.9 million in 2008. Station operating income (SOI) was also down, falling 14.4% to $64.7 million from $81.5 million. The company posted a loss of $143.9 million ($3.56 per share) compared to earning of $6 million (14 cents) in the More

Saga/Columbus Appoints TJ Holland as Ops Mgr.
Saga Communications/Columbus appoints TJ Holland as Operations Manager replacing Tony Florentino, whose contract was not renewed. Holland previously served as Director of Programming for Cumulus/Cincinnati before exiting in March over budget issues. While there, he was PD of AC WRRM (Warm 98) and also oversaw the programming of More

FCC Approves Return of KMAJ/Topeka to Cumulus
The FCC has approved the return of KMAJ-FM (Magic 107.7)/Topeka into Cumulus Media's local broadcast group. The AC outlet had been in a trust since 2005 when Cumulus Media Partners acquired Susquehanna Radio for $1.2 billion. At the time, the transaction put Cumulus over the FCC ownership limits with the number of FM stations More

Arbitron Q3 Down 4.3% Over CC, Cumulus Drops
Arbitron reported a third quarter revenue dip of 4.3% to $98.1 million from $102.5 million in 2008. Net earnings for the quarter declined to $13.7 million (51 cents per share), compared with $17 million (63 cents) in the year-ago period. The company points to a decision by Cumulus and Clear Channel to subscribe to Nielsen's More

Johnson Resigns From Citadel Media as Dir./Urban
Citadel Media Director of Urban Programming Ken Johnson has resigned, effective October 30. He joined the then ABC Radio Networks in March, 2008, where he was instrumental in the launch of the "Brian McKnight Show." Previously, Johnson served as VP/Urban Programming with Cumulus Broadcasting for nine years, where he oversaw More

District Court Judge Sends Patent Suit to Mediation
In April, a patent licensing company, Aldav LLC, filed suit against Clear Channel, CBS Radio and several other broadcasters for allegedly infringing on a patent that allows radio outlets to replace local content with content for those listening over the Internet. On Monday, U.S. District Court Judge Leonard Davis has sent Aldav More

Mark Sullivan Appointed GM at Cumulus/Nashville
Cumulus/Nashville appoints Senior VP Mark Sullivan as General Manager of its five-station group there, including Country WSM-FM (The Wolf). Previously, he was based out of Cumulus headquarters in Atlanta. He replaces Mike Kanak, who is now with CBS Radio/Tampa. Before rising to SVP in 2007, Sullivan served as Regional More

Bob Richards Joins Emmis/Indianpolis as Cluster OM
20-year veteran programmer Bob Richards is named Operations Manager of Emmis Radio's 4-station group in Indianapolis, including News/Talk WIBC-FM, Soft AC WYXB-FM (105.9), Country WLHK-FM and Sports WFNI-AM (The Fan). Previously, Richards served as PD of crosstown WFMS-FM and OM of Cumulus' cluster there, before leaving in More

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Radio Stocks
Symbol Last Trade Change
ARB 22.28 +0.08
BBGI 3.60 +0.20
CBS-A 12.84 -0.52
CMLS 2.26 +0.01
DIS 30.01 -0.20
EMMS 1.11 -0.03
ETM 6.25 -0.11
EVC 2.22 -0.04
FSCI 16.59 -1.07
HRS 43.07 -0.28
JRN 3.74 +0.05
ROIA 2.975 +0.0056
RGCI 0.382 +0.022
SGA 12.64 +0.05
SALM 5.30 +0.26
SIRI 0.631 -0.0002
SBSA 0.70 +0.01
Updated as of: 11-20-09 11:54pm CT