NS /DE: Media Sold to Interpublic Places $220 Mil
Total Page:16
File Type:pdf, Size:1020Kb
NOVEMBER 4, 1994 Time -Buying Giant Western /NS /DE: Media Sold To Interpublic places $220 mil. in radio spots annually WABC BACKS GRANT Company Western International Media, the giant media buying service, When the cover story in last has been sold to the Interpublic Group of Companies, the week's New York magazine owner of McCann -Erickson Worldwide and a number of other ad- vertising agencies around the globe. WABC/NY afternoon portrayed Price of the transaction was not disclosed, but the Wall Street Jour- talk host Bob Grant as a nal reported it to be "well in excess of $100 million." venomous racist hatemonger, PD Dennis Holt, who founded Western in 1969 and presides over what is now the largest media buying service, said he plans to' use some of John Mainelli immediately went the proceeds to expand the company's reach around the world. on the counterattack. "We've received inquiries from a number of our clients about op- Page 37 portunities overseas, particularly in Europe," Holt said. Interpublic WESTERN/See Page 24 KNIX REFOCUSES ON 25 -54 DEMOS Four Elevated In Wild Week At Warner Music Having recently lost its hold on Morris now Warner Music -U.S. Chairman/CEO; Lewinter President/COO; Goldberg becomes the top spot, longtime market President; Morgado said to be operating on reduced power leader Country KNIX/Phoenix has WB Chairman/CEO; Azzoli now Atlantic were supervised on oc- shifted its target demos from The contentious clash of edly the Warner Music Group casion by Time Warner -44 back to 25 -54. Elektra, Asylum, 25 titans continued in full stride Chairman Gerald Levin. Page 30 this week, with a host of new Atlantic Records Presi- EastWest Merge titles and duties for several of dent Danny Goldberg has the company's key players. been appointed Chairman/ Some 45 laid off The executive musical CEO of the WB label. He ALTERNATIVE merger of chairs were put into motion succeeds Mo Ostin, who The anticipated Elektra Entertainment GAINS THREE when Warner Bros. Rec- will officially step down at and EastWest Records President Lenny the end of the year. NEW CONVERTS ords staffs came to fruition fast week, last Atlantic Sr. VP/GM Val Waronker announced Goldberg Azzoll with as many as 45 positions Rock WMMS/Cleveland, Azzoli was promoted to the week he had changed his being eliminated as a result. Rock KZFX/Houston, the label's CEO Atlantic presidency. Classic mind and would not accept The new Elektra Entertain- that decision Warner Music -U.S. Exec. VP Mel Lewin - and Hot AC WYSR/Hartford post. Many observers interpreted ment Group, a division of blam- be- has assumed Morris's former President/ as reflecting an unsatisfactory relationship ter er Music Group, will reportedly all flipped formats to Group title. tween Waronker and Warner Music COO be headed in part by GM Craig Alternative this week. Chairman/CEO Robert Morgado. Soap Opera Continues Lambert and Sr. VP /Promo motion Pages 3, 10 Waronker's announcement put into The changes also raise key questions about Greg Thompson. The group will a remarkable and ongoing chain of events. several other elements of the Warner structure: encompass Elektra, EastWest, Among them: What happens to Morgado? Published re- and Nashville -based Asylum A statement by Morgado last Thursday (10/ ports say his role at Warner Music has been Records, but each label will re- ACs COUNTER THE 27) acknowledging the "confusion, uncertain- reduced to non -U.S. and record club operations. tain its consumer identities. dissension "Downsizing is a difficult and RUSH ty, and wave of rumors regarding And a New York Times story Tuesday (11/1) '70s GOLD that sad moment but will ensure the within" the company's ranks, but stating indicated Morgado might leave the company PD Bill overall success of the Elektra While neither KVIUDallas the reports were "without merit." now that a job he wanted the Time Warner - Entertainment Group," noted nor WI rE/Minneapolis PD The elevation of Warner Music -U.S. Pres- was given to Richard Parsons, Curtis presidency - company Chairman Sylvia ident/COO Doug Morris to Chairman/CEO member. A Warner Music Gary Nolan believe it's wise for a corporate board Rhone. and, along with it, complete authority over all Group representative did not return R &R's directly That Among the Elektra staffers ACs to counterprogram of Warner Music's American operations. calls. ses- against '70s Oldies outlets, decision followed intense peacemaking Who gets the WB President's chair cur - ELEKTRA/See Page 24 sions between Morris and Morgado that report- consultant Dan Vallie disagrees. WARNER/See Page 24 Page 36 IN THE NEWS... RLG Expands Its Napoliello Upped Park Communications sold for $711 million Management Team To Sr. VP/Promo Doug Podell new WRIF PD; Howie, Turner, Daniel, At EMI Records named OM Ralph Cipolla Van Durand, Wilson VPs Just one month at 'RIF and WCSX/Detroit after joining the Label Group company, EMI Steve Legerski becomes RCA/Nashville (RLG) has announced another Records VP/ WENZJCleveland VP/GM round of management appoint- Promotion Peter Page 3 ments. This week's moves iden- Napoliello has tify the players in RLG's core been elevated to Radio One purchases marketing structure and the man- Sr. VP /Promo- WKYS/DC from Albimar agement of RLG's two labels, tion. RCA/Nashville and BNA Enter- He will oversee Page 6 tainment. the day -to -day RLG, operation of the Napoliello Tom Land to Dir. /Prog. The recently created which will support the labels with department, which encompasses for Apollo Radio /KC sales, creative services, media, the EMI, Chrysalis, and SBK la- Raymond Cal to Pres. /GM and production, has tapped 15- bels. And as tipped in Street Talk last week (R &R 10/28), all pro- for Milwaukee trombo year RCA vet Ron Howie as VP/ Sales. Also joining the new enti- motion staffers will report to Ingram named Fries Roasted At Bayliss Clarke ty are RCA/Nashville Associate Napoliello - including Ken Lane, who remai-is as Sr. VP/Pro- PD at WPXY/Rochester Director /Creative Services Mary RAB President/CEO Gary Fries (I) was left sizzling in front of motion. Randall appointed Hamilton, who becomes Sr. Di- several hundred of radio's movers and shakers at the ninth Jim EMI President Davitt Sigerson rector /Creative Services, and annual Bayliss Media Roast last week (1W25) in New York. WAIA/Jacksonville PD going to be RCA/Nashville Director/Produc - The event, which honors the late broadcasterJohn Bayliss, serves told R &R, "Peter's in helping us Page 10 tion & Scheduling Glenda as a fundraiser for the Bayliss Foundation, a college scholarship incredibly important Break, who has been named to a fund. Pictured with Fries is media analyst Paul Kagan. grow from a promotion- driven NEWSSTAND PRICE $6.00 RCA/Nashville/See Page 24 NAPOLIELLO/See Page 24 www.americanradiohistory.com "EVERY DAY OF THE WEEK" THE RECORD RADIO ASKED FOR. ON YOUR DESK TODAY. PLAYING EVERYDAY OF THE WEEK ON: HR CHART: DEBUT POP CHR CHART: DEBUT e RHYTHMIC CHR CHART: EDAD KITS WIOQ KKLQ KKFR KGGI KPWR KHKS XHTZ WFLZ KSFM WBBM WPGC WERQ WZJM KISF KNIXV KMEL WXKS WBZZ KQKS x:.. KYLD KUBE ...and many inM-e! SEE THE 'ERY DAY ON BEVERLY NOVEMBER 16TH, 23RD AND 30TH!! FROM THE JADE ALBUM MIND, BODY 6, SONG EXECUTIVE PRODUCER: CASSANDRA MILLS 1 9 ® 1991 Giant Records. www.americanradiohistory.com September Radio NBHF Honors Broadcast Legends NOVEMBER 4,1994 Revenues Rise 10% PAGE THREE ISSUE NUMBER 1668 Radio's double -digit revenue increases continued with a 10% overall gain in September, ac- F E A T U R E S cording to RAB figures. Nation- al spot sales led the way with a 4 Radio Business 12% gain, while local revenues Infinity reports record -breaking earnings were up 9 %. The Southeast and Southwest To celebrate its relocation from New Jersey to Anaheim Stadium 10 Newsbreakers (both up 12 %) showed the great- the National Broadcasters Hall of Fame inducted (l -r) Los Angeles est progress in local revenues, radio legend Robert W. Morgan, entertainment mogul Ted Turner (who also was honored with a lifetime achievement award), talk 20 Street Talk with the East (11 %), West (9 %), host Larry King, TV/radio personality Gary Owens, and TV veteran Record rumors running rampant! and Midwest (6 %) all showing Art Linkletterinto its ranks. The NBHF also inducted musical trio the gains as well. The Southeast McGuire Sisters and former U.S. President Ronald Reagan at the (20 %) and West (18 %) set the Disneyland Hotel black-tie dinner. 23 Timeline pace in national revenues, with O V E R V I E W the East and Midwest both post- ing 7% gains, while Southeast 14 Management national spot sales were off 1 %. Through the first three quarters Corporate America's Top 10 catchphrases of the year, radio revenues were Park Placed For $711 Million up 11% over the same period in 16 Media radio worth $120 million 199i, with increases of 12% in 22- station group Generation X or `Generation Next'? national spot sales and 11% in A private investment group tions, Page 6) accounted for ap- local revenues. headed by Gary Knapp of Lex- proximately $120 million of the 18 Sales & Marketing ington, KY and Donald Tomlin total price with roughly $54 - Calculating the costs of oversell of Columbia, SC emerged as the million of that going for WPAT- York. Accord- surprise winners in the bidding for AM & FM/New M U S I C Shamrock Fires Park Communications (Nasdaq: ing to Duncan 's American Radio, PARC).The group offered $711.4 the 22- station group posted $28 32 Nashville Houston's `Rocket' million ($30.50 per share) for the million in 1993 revenues, rank- late Roy Park's radio/TV/news- ing it as the nation's 42nd high- Martina McBride delivers anti -abuse message El Classic Rock KZFX paper empire.