Voice of the Radio Broadcasting Industry ° Volume 18, Issue 48 November 26, 2001

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Voice of the Radio Broadcasting Industry ° Volume 18, Issue 48 November 26, 2001 TM Radio Busy I less Report Voice Of The Radio Broadcasting Industry ° Volume 18, Issue 48 November 26, 2001 Bill O'Reilly to sign with RADIO NEWS DiMassimo ABC or Westwood? Not after ABC Radio Networks Brand 2 long signed Daschle aide touted for fifth Commission seat Channel's Sean to a Advertising's Fox News Hannity radio syndication deal in September (now staffer Jonathan Adelstein has been as the Doug Ray Senate proposed on 65 affiliates), the next personality from discusses that network well be Bill final FCC Commissioner—with NAB's Eddie Fritts seconding. may O'Reilly, buying in the host of "The O'Reilly Factor." The two nets in for upfront with A look at the post 9/11 radio landscape 2 currently contention the deal are ABCRN and Westwood to KM One, Rush time slot. RAB waives 2002 dues 2 go up against Lhnbaugh's While The Drudge Report says O'Reilly ap- Page 4 proached the nets with the syndication idea 2 Waitt can't wait to get the other Radio One first, the final deal maker could be whether it is signed via O'Reilly or Fox News. Fox News Hiwire: All I wanna do ... is have some funds 2 likely has final sign-off on any radio deal and will probably own the show. Westwood One Winstar buyers become a buyer 2 already syndicates Fox News Radio. ClearOne eclipses Gentner 2 AMERICAN URBAN R/\DIO 4 NETWORKS A scattering of opinion about upfront 2002 3 OTH ANNIVERSARY 1972-2002 SALES From an RBR source: "It's Westwood, but I don't think they have a deal. They're negotiat- URBAN NEWS ing adeal, but from what I understand, they've %AMERICAN Benjamin to group CEOs: Control your inventory 5 [angered] Fox because they are not working it through Fox. ABC may be in the hunt, working with the Fox Network. Westwood is trying to work a separate deal directly through O'Reilly. " %%I� SBN NEWS Another source also confirms the deal is more likely to be signed with Westwood: "Westwood is offering him atwo-hour daily 6 Proud of Our Cumulus is back on the accumulation trail talk show. ABC is offering just to try him out on the weekends. That's the bottom line." Lew Dickey is dealing with a pair of Franks and a whole boatload The deal will not be announced this Heritage week, but "Within 30 days," said the source. of Dickeys as he expands the revitalized Cumulus empire. , RBRobsetvation:0'Reillyisahuge;mrforFox He be one of the few choices to BROADCASTING NEWS AND CCU settles down on its doubled Ohio farm 6 News. may INFORMATION TO AFRICAN AMERICANS compete with Rush. If Westwood signs him, look 1S AS IMPORTANT TODAY AS IT WAS for the current 12-2 PM talent to be bumped at Virtual CHUM runs into an Iceberg 6 would also benefit 3 O YEARS AGO. AMERICAN URBAN Infinity Talk stations. OReilly ABCRN if Clear Channel does follow with RADIO NETWORKS... through Radio One would rather lack this kind of class 7 to Rush off of ABC Radio URBAN AMERICA'S RADIO LEADER. reported plans pull affiliates as the contracts n.ui out and move him over Cumulus in Tallahassee of war 7 to Clear Channel stations where possiblc.--CM WE WERE THERE FOR THE BLACK Triad, tug COMMUNITY 30 YEARS AGO, WE WERE THERE FOR THEM ON SEPTEMBER 11 TH Cumulus' latest acquisitions: 2 deals, 21 stations, $$04.2M AND WE'RE HERE FOR THEM TODAY. AMERICAN URBAN RADIO NETWORKS... Cumulus Media (O:CMLS) has two deals to grow its station portfolio and move• REACHING AND TOUCHING into more urbanized markets. First, Cumulus will buy Frank c)sborn's and BLACK AMERICA LIKE NO OTHER. Frank Washington's Aurora Communications for $220.2M. The deal will give Cumulus 18 stations in the affluent suburbs of New Yorlc. City in New York AMERICAN URBAN RADIO NETWORKS... and Connecticut. In the second deal, Cumulus will buy three Nashville 3 O YEARS OF PROVIDING TIMELY NEWS stations from DBBC LLC for $84M. AND INFORMATION TO THE AFRICAN Aurora CEO Osborn, who will be joining the Cumulus Board of Directors AMERICAN COMMUNITY. AMERICAN following the completion of the transaction, said, "We believe this transaction URBAN RADIO NETWORKS... DELIVERING is highly beneficial to both the stockholders of Aurora and the operations of the THE NEWS THAT PEOPLE ARE TALKING stations. Station management will remain unchanged with Vince Cremona ABOUT AND THE NEWS THAT WILL continuing to oversee day-to-clay operations of the stations. At the same time, MAKE PEOPLE TALK. the stations will have access to the resources and capital of a larger company. We look forward to working with the Cumulus team to contribute to a company at the Call AURN today to add NEWS Lew Dickey ./r. forefront of the broadcasting industry." Also last Monday (11/19), Cumulus announced a deal to buy three radio to your programming mix. stations in Nashville for $84M from DBBC LI.C, a company owned by Cumulus CEO Lew Dickey Jr. and his threL brothers, John, David and Michael. John Dickey is Executive Vice President of Ctimu us. SALES 1 "The transactions we are announcing; today represent another important milestone• iu the development of this 212-883-2100 (;ompany. We are adding a total of 21 stations across six markets, and approximately $44 million of gross revenue on a trailing twelve month basis that will increase our pro forma I BITDA by approximately 40%," said Cumulus PROGRAMMING CEO Lew Dickey Jr. "Gitrthermore, we arc ,idcling great assets and talented people to our company, and positioning; 800-456-4211 ext. 4098 Cumulus for future growth." For more details of' these two transactions, see page 6. JM Radio Business Repot @ n Voice Of The Radio Broadcasting Industry RADIO NEWS November 26, 2001 Volume 18, Issue 48 dents feel that (lie definition oh Executive Editor Jack Messmer Daschle looks to fill Rush loses all heaping Managing Editor Dave Sayler funny has changed since 9/11. empty FCC seat 0 Senior Editor Carl Marcucci 91/0 thought radio clid a good Rush Limbaugh announced Production Michael Whalen The Democi.o ik seat on the Fed- job reporting the crisis. A resound- on his show (11/19) that 100% VP Administration Cathy Carnegie eral Communications Commis- 95% saicl that radio delivered of his is and that FCC Research Consultant Mona Wargo ing hearing gone co- Administrative Assistant April Olson sion which has remained empty when it countecl.—DS, CM he will likely undergo Publisher Jim Carnegie since the departure 'of Gloria chlear implant surgery before VP/GM, Associate Publisher Ken Lee Tristani has come to the atten- the end of the Limbaugh Senior Account Executive John Neff Dues and don't at the RAB year. Leader he was Account Executive June Barnes tion of Senate Majority announced last month Tom Daschle (D-SD). He is rec- Don't worry about dues I I i i � year if going deaf and had been un- Offices Editorial/Advertising ommending his own legislative you are an Radio Advertiser Mem- dergoing antibiotic treatment 6208-B Old Franconia Road aide Jonathan Adelstein to ber. Says President/CEO Gary for Autoimmune Inner Ear Alexandria, VA 22310 President George W. Bush as a Fries, "There is little doubt the Disease (RBR 10/15, cover). PO Box 782 Springfield, VA 22150 candidate to finish out her term, radio industry faces some difficult The treatments apparently Main Phone: 703/719.9500 which expires in June 2003. economic challenges in the year didn't work. After the sur- Editorial Fax: 703/719.7910 The 39-year old Adelstein has ahead. It will take the combined gery, Rush said it will take Sales Fax: 703/719.9509 worked in the Senate for 14 years, efforts of all of us to meet these four to six weeks for the Subscription Phone: 703/719-7721 and once have Subscription Fax: 703/719-7725 the last six of which have been challenges again implant to work at its normal spent with Daschle. Like Daschle, radio lead the pacing in revenues. level if successful. Results he is a native of South Dakota. To assist in that goal, failure rate is low. is Email Addresses attaining vary, but the complete Limbaugh currently - will NOT ask for dues recer- Publisher [email protected] "Jonathan's expertise in tele- RAB under contract with Premiere Radio Networks through 2009.—CM Editorial- [email protected] communications issues and his tification for the year 2002." Sales: [email protected] commitment to seeing rural The RAB does plan to keep all JNeff@rtxcom America share in the telecommu- of its services up and running Bradenton, FL Office nications revolution make him throughout the year.—DS Westwood One Jack Messmer the perfect candidate for this job renews Phone: 941892-1631 Liddy at this time," said Daschle. Fax: 253/541-0070 Radio One Networks now Westwood One (N:WON) day- Email: [email protected] "NAB strongly supports the time Talker G. Gordon Liddy nomination of Jonathan Adelstein Waitt Radio Networks will remain a Westwood One toe the Federal Communications Nashville, TN Sales Office Colorado-based format provider daytime Talker. His show, which June Barnes Commissioin,", said NAB Presi- Radio One Networks has been Phone: 615/360-7875 airs on over 150 stations M/F, 10A- dent Eddie Fritts. "Jonathan's (11/19) Omaha-based Fax: 615/361-6075 bought by will remain on the network's commitment to service and 2P, Email: [email protected] public broadcaster Waitt Radio (70 radio roster.
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