T a T T L E RR Porter in Unique Interview with Syndicated Morning Host Rickey Smiley Presented by BMI
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names at a time when new talent is so crucial to our industry,” said Volume XXXIV• Number 20 • May 16, 2008 Edison Media Research VP of music and programming Sean Ross. “It was a very difficult field to narrow down.” Last year, this list included just one woman. This year, eight women are included on the 2008 AIN TREET list of honorees – a direct result of nominees submitted by the M S Conclave’s WECAN (Women’s Education & Career Advancement Presents Networking) Committee. The Conclave is absolutely thrilled that The Conclave Edison has again selected the Summer Learning Conference to showcase their 30 Under 30.”This year’s 30 Under 30 luncheon will A T T L E also include special guest Isaac Hayes and his writing partner David TT A T T L E RR Porter in unique interview with syndicated morning host Rickey Smiley presented by BMI. The complete agenda for the Conclave: th th Publisher: Tom Kay Editor: Benjamin Holsen At the Crossroads, slated from June 26 -28 , 2008 as well as details Cartoons Suggested by Lenny Bronstein & Jay Philpott on registration can be found online at www.theconclave.com. The Conclave joins Edison Media Research in announcing this Despite a threatened Bush Presidential veto, the Senate voted to year’s recipients of the “30 Under 30” honor. The Conclave Learning block the FCC from implementing its revised media rule changes Conference ’08: AT THE CROSSROADS is the site of a luncheon allowing newspaper-broadcast cross-ownership in the top 20 honoring the recipients on Saturday, June 28th at the Marriott City markets. Sen. Byron Dorgan (D-ND) says the revised rules include Center in Minneapolis. Edison’s 30 Under 30 was started in 2007 as a “gaping loophole” that would have allowed newspaper-broadcast an effort to both celebrate the accomplishments of young combinations in smaller cities. The FCC changes also face a legal broadcasters and to help the industry attract and retain talented battle from activists. young professionals. The Somerville, N.J.-based research company presents their prestigious award annually at the Conclave’s Summer Clear Channel has officially announced their buyout settlement with Learning Conference. This year’s honorees include: Dave “Tazz backers Thomas H. Lee Partners and Bain Capital along with Daddy” Anderson-KBFB/Dallas, Daniel Anstandig-McVay New lenders Citigroup, Deutsche Bank, Credit Suisse, Morgan Media, Rob Anthony -WMAS/Springfield, Jim Bezak- Saga Stanley, Royal Bank Of Scotland, and Wachovia. The deal at $36 Communications, Ian Bush - KYW/Philadelphia, Charlamagne - per share, valued at $17.9 billion is pending shareholder approval. WBLS/New York, Justin Chase - KMXB/KKJJ/Las Vegas, Tommy The parties to the settlement agreement have agreed to extend the Chuck - WFLZ Tampa, Ryan Dokke - WKKT/Charlotte, Jennifer outside date for completion of the merger to December 31st, 2008. Megan Dowdy - WCLU/Glasgow, Blake Florence - KTWV/Los The deal includes an option for shareholders to exchange their Angeles, Sarah Harris - Emmis Communications/Indianapolis, Scott shares on a one-for-one basis for Class A common shares in the Herrold - SOS Radio Network/Las Vegas, James “Doubledown” new company, CC Media Holdings, Inc. Clear Channel’s board Howard - WXTB/Tampa, Talya Johnson - WPGC/Washington, Jake has unanimously approved the new deal and recommends that Kaplan - KCBS/KROQ/Los Angeles, Carly Laskey - Clear Channel/ shareholders approve it. Raleigh, Marisa Magnatta - WMMR/Philadelphia, Kyle McCoy - New Northwest Broadcasters/Billings, Rich McLaughlin - WFUV/ The Cumulus buyout deal is off and the company announced that New York, Amy Miller - WTYD/WBQK/Williamsburg, Courtney the deal for Chairman/Pres./CEO Lew Dickey and Merrill Lynch Quinn - WLZX/Springfield/Mass., Sisanie Retagui - KIIS Los Global Private Equity has been terminated after investors “were Angeles, Justin Riley - KKOB/KMGA/Albuquerque, Alex Roman - unable to agree on terms on which they could proceed with the WABC/WPLJ/New York, Travis “TreDay” Rowan - KIPR/Little Rock, transaction.” Investors will pony up a $15 million termination fee. Thomas “Chase” Rupe - Emmis Austin/Texas, David Snoble - Dickey said, “Our business remains fundamentally sound and we Clear Channel Communications/Chicago, Chris Thomas - WLVQ/ intend to continue to operate it aggressively and explore opportunities Columbus, Joshua Wilkey - WilkeySouth Media Brokers/ to create and deliver value for our shareholders.” Cumulus also Countrywide Broadcasters (The recipient’s complete profiles can announced that its board of directors intends to look into a new be found at www.30under30.net.) “We were pleasantly surprised stock repurchase plan. this year both by the wide variety of people and talents represented by this year’s 30 Under 30 nominees, and by seeing so many new Learn How To Gain Audience and Increase Revenues in Just THREE Days! THE 33RD CONCLAVE LEARNING CONFERENCE David Rehr Ed Schultz Rita Cosby Isaac Hayes President, NAB Jones Radio Author/Commentator Artist/Songwriter Tuition $399 Learning-Sharing-Networking Student/Free Agent $149 JUNE 25-29, 2008 Over 40 Sessions/Events Details at www.theconclave.com MARRIOTT CITY CENTER-MINNEAPOLIS Tuition covers many meals/snacks! MAIN STREET MARKETING & PROMOTION, 4517 MINNETONKA BLVD #104, MINNEAPOLIS, MN 55416 PHONE/FAX: 952.927.HITS (4487)/927-6427 Publisher: Tom Kay at [email protected] Web: www.main-st.net THERE ARE GOOD DAYS. THERE ARE BAD DAYS. the GET THE SKILLS TO HANDLE THEM BOTH LIFELIFE SKILLSSKILLS AT THIS YEAR’S track CONCLAVE LEARNING Marriott City Center Minneapolis CONFERENCE. The 2008 Conclave Learning Conference • June 25-29 • $399 until 6/1/08 5 Learning Tracks • Over 30 sessions • www.theconclave.com Yes, WECAN! The Conclave announced the first event of the Sirius Satellite Radio CFO David Frear said his company is Conclave’s annual Learning Conference. Dubbed “The First Annual prepared to reject some conditions that federal regulators might Conclave WECAN Committee Kick-Off Party”, this networking and impose on its proposed merger with XM Satellite Radio. “The social gathering is scheduled for Wednesday June 25th and will company won’t do anything — the company won’t agree to a set of also serve as the official “first step” for the Women’s Educational conditions that’s going to adversely impact, and would not be to the and Career Advancement Network (WECAN) committee formed benefit of, our current subscribers, our future subscribers, and our by the Conclave. The Conclave Learning Conference is schedule shareholders,” Frear said. “It’s all got to make sense.” Speculation for June 26th-29th at the Marriott City Center in Minneapolis. The says the FCC will rule on the spectrum-license transfer and if it WECAN event will include hosted networking by Wendy Templeton, refuses, the deal will be dead. host of Sovereign City Communications’ The Wendy Templeton Show, followed by informal mingling. Attendees will receive $250 The Consumer Federation Of America, Consumers Union and worth of swag in a signature Vera Bradley bag, 2 complimentary Free Press are urging the FCC to reject the proposed XM-Sirius drinks, appetizers and an electronic networking directory of all merger that was signed off by The Dept. of Justice. “The Justice participating attendees. Admission to this kick-off event is included Dept. tossed all tenets of antitrust out the window in its rush to rubber with a full conference registration, and is open to the public for a stamp this merger-to-monopoly,” Consumer Federation Of America donation of $35. The WECAN Committee is an outreach arm of the Dir./Research Mark Cooper said. “The FCC should not buy into the Conclave that is focused on promoting women in the radio industry. flawed reasoning that led to the DOJ’s disastrous decision. All proceeds from this event will go towards the WECAN mission of Consumers are depending on the commission to stop this dangerous development of educational seminars, scholarships, and career deal dead in its tracks.” The Justice Department based its merger development opportunities for women, men & students in the radio approval on the conclusion that satellite radio is part of a larger broadcasting industry. Current sponsors are the Oasis radio Format, audio market. The groups argue that satellite radio represents a Famous Footwear, and Vera Bradley. Tax-deductible opportunities unique consumer product, showing that it does not compete with for individuals and corporations to support the mission of WECAN iTUNES, Internet radio or terrestrial radio. are available. The complete agenda for the Conclave: At the Crossroads, slated from June 26th-28th, 2008 as well as details on States attorneys general continues to raise concerns about the XM- registration can be found online at http://www.theconclave.com. Sirius merger because of the lack of an interoperable radio that would work with both services and the “significant harm” that could Two group heads with significant Midwest – and Conclave – ties result from the “loss of a direct competitor.” More than one dozen were recently quoted about the value of the radio station employee. attorneys general registered their disapproval of the Justice Saga’s Ed Christian says, “We’ve lost so many good people in the Department’s decision not to apply any conditions to the possible radio industry. We’ve worked them too hard, cut them off from merger. FCC member Jonathan Adelstein shared that concern, information by not send them to conventions or sharing industry saying, “The attorneys generals have a number of serious concerns. trades. And we don’t offer good training. People get burned out and I think it is important that the FCC, after such dismissive treatment find new jobs outside of radio. A committed business-focused by the AGs, take extra consideration on the very legitimate concerns manager can literally write his/her own ticket today.” NRG’s Mary that the attorneys generals are raising.” There is no sign of an XM- Quass agrees, saying, “We have to start paying attention to our Sirius merger decision out of the FCC anytime soon.