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Volume 21, Issue 241, Jim Carnegie, Editor & Publisher
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Monday Morning December 13th, 2004
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TV News®
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Caution trumped optimism
at investor conferences
If you listened to the broadcast company presentations at last week's UBS and CSFB investor conferences in New York, what you didn't hear was anyone touting 2005 as a big growth year. About the only one with a bullish outlook was Universal McCann forecaster Bob Coen (12/7/04 TVBR #237). He's looking for national radio to be up 5.2%, local radio 5%, national spot TV down 1% and local TV up 2.5%. Most broadcasters aren't yet to the point of giving guidance for full-year 2005. They're standing by their Q4 guidance - - and a couple of TV companies have recently increased their guidance because political was even better than they'd expected (Salem alone in radio has increased guidance, but it is a one-of-a-kind company) - - but nobody is going out on a limb about '05. Media General and Scripps are among the few companies giving 2005 guidance this early, and both are anticipating negative TV revenue numbers, well below Coen's forecast for the industry (12/8/04 TVBR #238). Viacom's Infinity Broadcasting hasn't given any '05 guidance of its own, but President Joel Hollander told the UBS gathering that he'd be happy to see Coen's 5% come true. Likely other radio group heads feel the same way. They all like Clear Channel's "Less is More" initiative, but they're all waiting to see how it really plays out in 2005. And nobody is putting his neck on the line to declare that the bad times are over and it's back to robust growth.
A vulture's eye view of Citadel
When thinking of the many legendary companies that have sizzled the American airwaves with news and entertainment, the name of Citadel Broadcasting owner Forstmann Little is not likely to come up. It doesn't have broadcasting in its blood - - its m.o. is to take a stack of dollar bills and turn it into a bigger stack. Therefore, it wasn't at all surprising when Citadel CEO Farid Suleman mentioned hung a "for sale" sign on the radio group. What a buyer would get, according to the latest posting on the group's website, is a 219-station group tilted heavily to the FM side of the spectrum, 161-58. All but four of these are in Arbitron-rated markets. The bulk of the group is in the 51-100 radio market tiers. Almost exactly one half of the group's sticks - - 49.77% of them - - are in this grouping. It has only five top 50 markets: Salt Lake City, Providence, New Orleans, Nashville and Memphis. The group operates in four fairly distinct and geographically diverse regions. In the northeast, it has a presence in Connecticut, Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Rhode Island; in the Midwest, there is Indiana, Iowa and Michigan; in the wide east-to-west band of the south, it's in Alabama, Arkansas, Georgia, Louisiana, Oklahoma and Tennessee; and in the west it has stations in Arizona, Colorado, Idaho, Nevada, New Mexico, Utah and Washington.
TVBR observation: This would present an opportunity for any number of TV groups seeking to enter or, for companies like GE/NBC, Sinclair or Gannett, re-enter, the radio business. As for Farid we don't believe he ever made the statement he was in this operation to wait and receive a gold watch.
Tom Joyner to get TV show
Tom Joyner, host of "The Tom Joyner Morning Show," has announced specifics for a new syndicated television show that plans to be on the air by Fall 2005. The one-hour, standalone comedy/variety show will tap into Joyner's built-in fan base as well as the significant promotional machine offered by Reach Media, parent of the "Tom Joyner Morning Show." "TV is a natural, tremendous opportunity for Tom, and we believe his audience will follow," said David Kantor, Reach CEO. "Tom is one of the most popular, respected and influential African Americans in the country. He is an entertainer, but he is also so much more, which is why everyone from major advertisers to top political officials continue to gravitate in a big way toward him and his show."
TVBR observation: Talk about cross-promotion. Here is an excellent chance to show how radio and television can work together to grow one another. If you are a Joyner radio affiliate you win. Those that dropped him you lose. Now make a decision because this is cross program-marketing at its potential best. | More... |
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Gene DeWitt settles with SNTA; drops suit
Gene DeWitt, former president of the Syndicated Network Television Association, has settled the suit against his former employer. DeWitt had sued the SNTA for 1.25 million charging breach of contract after he was fired early in the second year of a three-year contract (12/3/03 TVBR #236). Last summer he was fired for what SNTA called insubordination. His three year contract was reportedly worth $500K a year plus bonuses. Says DeWitt: "I've been told that SNTA has no case-that there are no grounds for what they did. They don't want to go to court to deal with that. It's going to take a while. But so what-they wrote the contract and media sellers of all people should honor their contracts. But to get into a he-said, she-said public debate is unproductive at this point." DeWitt had told TVBR not long ago that he felt a bit used, helping to bring syndication's numbers up, providing "10 years worth of ideas" and then being put under the threat of being let go. The firing surrounded DeWitt's public statements charging TV buyers time with "whining and moaning" about the upfront market in 2003 and its steep price increases. "The solution is not to whine, but to find a solution," DeWitt had said. SNTA argued the statements constituted insubordination, disobedience and failure to follow the proper directives of the SNTA board. Dewitt said in a statement after the suit was settled: "My time at the SNTA was positive. The SNTA's fortunes improved greatly during my tenure as their President, and I'm proud of that. I'm eager to return to my career as a media manager and strategist."
RTNDA condemns reporter's sentence
WJAR-TV Providence's Jim Taricani may not be spending any time behind bars, but the Radio Television News Directors Association (RTNDA) is still condemning a federal judge for sentencing the reporter to six months of home detention for refusing to reveal a confidential source to a special prosecutor. "Jim Taricani has been placed in this position because the law does not recognize that reporters are obliged to protect the confidentiality of their sources. An increasing number of journalists are facing loss of personal liberty because of their efforts to inform the public of wrongdoing. It is time for a federal shield law to protect reporters like Jim and those facing contempt of court rulings in other ongoing investigations," said RTNDA President Barbara Cochran. In a related move, RTNDA and a number of other news organizations are announcing a national effort tomorrow to inform the public of the need to retain open access to government records - - another area where established journalistic practices are under attack.
Road show, no-show status quo in Minnesota
As has been the pattern since public forums on media ownership consolidation have come into vogue, the citizens inclined to attend such a forum are uniformly against such consolidation. That has been the case not only for the public in attendance, but for the commissioners who show up as well. Consolidation foes Michael Copps and Jonathan Adelstein consider it a road show; the three Republicans at the FCC, Michael Powell, Kathleen Abernathy and Kevin Martin, prefer to be no-shows. This time, according to the Minneapolis-St. Paul Star-Tribune, even Michael Copps missed the 12/9/04 forum at Hamline University in St. Paul, due to a medical situation. He was represented by an aide, however, and Adelstein did soldier on alone. The Star-Tribune said that not one member of the public came out in favor of the relaxed rules proposed by the Commission 6/2/03. In fact, they put Adelstein in the role of reverse-lobbyist. "It gave the event a circular quality as the converted asked the converted for help in converting the unconverted commissioners," wrote Star-Tribune reporter Eric Black.
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Adbiz©
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Nielsen Monitor-Plus:
US ad spend rose 8.3% in first three quarters
Advertising spending for the first three quarters 2004 rose 8.3% over the same period last year, due to gains across major media, according to preliminary figures released today by Nielsen Monitor-Plus, the advertising intelligence service of Nielsen Media Research. The pace of ad spending in 2004 continues to escalate. First-half spending grew at a rate of 6%, while third quarter rose 11%, resulting in an overall gain of 8.3% through the end of the third quarter. "Ad spending has consistently grown with each quarter in 2004. This is very encouraging and suggests a strong total-year gain," said Jeff King, managing director of Nielsen Monitor-Plus. "The Summer Olympics, with total spending reaching over $1.8 billion, contributed too much of Network and Cable's increase, while Spot TV was helped by Political advertising. Through September, Automotive advertising experienced the largest dollar increase, with the Prescription Drug and Quick Service Restaurant categories following. These three categories contributed to an overall increase of $1.25 billion compared to same period last year." Ad spend increased in almost all reported media, led by television and print. Included for the first time in this analysis, Monitor-Plus reports spending on over 800 trade publications. | More... |
Monster, Infinity
strike ad deal
Employment website Monster.com on signed a one-year deal with Infinity Broadcasting to promote its products online and on the air. The contract begins this month and extends Monster's presence to 180 radio stations in 41 U.S. markets, serving 70 million weekly listeners and Infinity online visitors. The one-year agreement begins in December. Local jobs by area employers will be promoted to inspire and motivate radio listeners to take advantage of local opportunities and career enhancement tools on Monster. Infinity stations will also provide customized on-air Monster messaging featuring job listings from local employers specific to each market and job search success stories will be rewarded with on-air recognition and prizes. Monster will also highlight career enhancement tools and advice from Monster experts regarding a range of topics, including resume writing tips and interview skills, via Infinity stations nationwide. The agreement also incorporates various online elements, including advertising on Infinity radio station websites, as well as a co-branded micro site for each station where site visitors can find links to local job listings, search features and incentives. "We are excited to develop this new relationship with Monster, a leader in the online career category, and utilize our extensive reach to consumers nationwide to convey their important message," said David Goodman, EVP/Marketing, Infinity. "Our stations will provide Monster with a platform to generate a consistent marketing presence throughout the year and allow us to provide targeted career advice and job opportunities to millions of listeners in a localized and personal format."
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| Media Markets & MoneyTM |
At Behar's behest, Bela becomes bi-market buyer
Robert Behar's Bela Broadcasting is getting a second western television station via a 5.25M agreement with Gannett to acquire KMOH-TV in the far reaches of the Phoenix DMA. It joins a Camarillo CA station in the Bela portfolio. Channel 6 KMOH-TV is in Kingman AZ. Gannett has been broadcasting NBC fare on the station, making it one of three Peacock affiliates in the market, along with a Mesa/Phoenix station and another in Flagstaff, another Phoenix satellite market. Behar intends to ditch the network and go for Spanish-language family programming, according to an article in Behar's hometown newspaper, the Miami Herald. Most of the programming will come from TV Fiesta, a Mexican program producer. The Camarillo station, Channel 63 KBEH-TV, would be in the Oxnard-Ventura market if it was a radio station. Nielsen considers it to be part of the Santa Barbara-Santa Maria-San Luis Obispo DMA, which is north of Camarillo. However, Behar intends to position it as a player in Los Angeles market to the south. Likewise, he'll try to get KMOH into Phoenix as much as possible, and will shoot for parts of the Las Vegas NV DMA as well.
Time Warner taking 60M charge
That's how much the company is writing off in Q4 to account for severance benefits to pare back the staff at its America Online unit. Time Warner has never said exactly how many people got pink slips at AOL, but reports last month put the number at around 700 - - some 5% of AOL's US work force.
Viacom completes SportsLine buy
Viacom announced Friday that it had completed its buyout of other shareholders in SportsLine.com. The online sports site is now a division of CBS Sports. Viacom bought out the public shareholders at 1.75 per share, up from its initial offer of 1.50 (7/2/04 TVBR #129), for a total of around 46 million.
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| Washington Beat |
Will FCC torch the Olympics?
NBC has turned over tapes of the opening ceremonies of the 2004 Summer Olympics in Athens Greece, requested by the FCC as it investigates at least one indecency complaint aimed at the program. The nature and number of the complaint(s) is unknown. However, the FCC has frequently noted that one complaint is sufficient to trigger an investigation. Actor depictions of statues of ancient Greek characters and a pregnant woman are believed to figure into the complaint.
See Photo
TVBR observation: Sure, the FCC needs only one complaint to trigger an investigation. But does every complaint get one? Are there none that can be "laughed out of court?" We don't know how many people watched this, but it can be measured in the hundreds of millions, right? And now, months later, someone finally figured out that we have all had more indecency inflicted upon us? C'mon.
Big name threesome caught in FCC Mt. Wilson dragnet
Media giants Viacom/Infinity, GE/Telemundo and minority leader Radio One were all nailed for 10K dollars apiece by the FCC for exceeding RF limits at stations located on Mt. Wilson in the Los Angeles market. Two FMs and a television station were the targets in the bust, which dates back to a summer 2002 inspection. The stations are Radio One's KKBT-FM, Infinity's KRTH-FM and Telemundo's KWHY-TV. The rules in question are designed to protect both the general public and employees from excessive exposure to RF radiation. FCC agents inspecting the site had no problem getting to it, and that was the problem. The tower location was near a post office and the Mt. Wilson Observatory and Park, both locations visited frequently by the general public. The tower area was not fully fenced or gated, and sufficient warnings were not posted. A fourth 10K fine has already been paid by Clear Channel regarding co-located KBIG-FM. CC did not contest the fine. The other three companies made various arguments in their defense, which were not accepted by the Commission.
Washington roundup: Tauzin defeated
Billy Tauzin III, the son of outgoing House icon Billy Tauzin II[ (R-LA), was narrowly defeated by Democrat Charles Melancon for the seat in Louisiana's 3rd Congressional District. Melancon squeaked in by 569 votes, less than 0.5% of the nearly 115K cast. Meanwhile, Judge Charles Pickering decided to exit the bench. His nomination to the Fifth Circuit had been held up by Democrats, which so infuriated Trent Lott (R-MS) that he in turn held the nomination of then FCC Commissioner-in-waiting Jonathan Adelstein hostage. Lott eventually let Adelstein off the hook, only to move on to a new run wielded by John McCain (R-AZ). Pickering backed onto the bench via a recess nomination.
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| Programming |
No indecency worries here
In keeping with its wholesome programming reputation, Pax TV announced that it will air a special holiday broadcast of the Gospel Music Association's (GMA) 35th Annual Music Awards on Monday, December 27th. Hosted by gospel diva Yolanda Adams and NFL legend Deion Sanders, the GMA Music Awards were presented to a sold-out audience in Nashville earlier this year. Artists appearing on the GMA Music Awards included Amy Grant, Bono (yes, really), Byron Cage, Casting Crowns, CeCe Winans, Destiny's Child member Michelle Williams, Hezekiah Walker, Jars of Clay, Jeremy Camp, Kirk Franklin, Mary Mary, MercyMe, Michael W. Smith, Newsboys, Nicole C. Mullen, Out of Eden, Pillar, Randy Travis, Smokey Robinson, Smokie Norful, Steven Curtis Chapman, Switchfoot, Third Day, tobyMac, Vince Gill, actor Stephen Baldwin, Tennessee Titan Derrick Mason, teen shark-attack victim Bethany Hamilton and former American Idol finalist R.J. Helton. The show was produced by Nashville-based NorthStar Studios.
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| TVBR Ratings |
Jennings' streak boosts "Jeopardy"
Ken Jennings was still on his winning streak, boosting "Jeopardy" back up in the most recent syndicated TV ratings from Nielsen - - but it still finished behind KingWorld stable mate "Wheel of Fortune" and in a tie with ESPN's NFL telecast for #2. Daily figures indicate that Jeopardy has suffered audience erosion since Jennings' winning streak ended on November 30th.
Here are the top 10 syndicated shows for the week of 11/22-28:
1. "Wheel of Fortune," KingWorld, 8.2 rating.
2. "Jeopardy," KingWorld, 7.2.
(tie) "ESPN NFL Regular Season," ESPN, 7.2.
4. "Oprah Winfrey Show," KingWorld, 7.1.
5. "Everybody Loves Raymond," KingWorld, 6.4.
6. "Seinfeld" Weekend, Sony Pictures, 6.1.
7. "Dr. Phil Show," KingWorld, 5.9.
(tie) "Seinfeld," Sony Pictures, 5.9.
9. "CSI," KingWorld, 5.8.
10. "Friends," Warner Bros., 5.5.
Source: Nielsen Media Research
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| Monday Morning Makers & Shakers |
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Transactions: 11/1/04-11/5/04
And then it was back to the doldrums. After one really hot week, then a pretty good value week with lots of volume, November opened up with almost no activity. And what little there was took place beyond the reach of the ratings companies. Didn't even get all that close to 10M, and there was no TV activity.
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Total
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Total Deals
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6
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AMs
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4
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FMs
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5
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TVs
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0
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| Value |
6.3875M
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| Complete Charts |
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Radio Transactions of the Week
The Keys are the key for Vox
| More... |
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TV Transactions of the Week
Napping. Try again next week
| More... |
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| Transactions |
KRCG-TV Columbia-Jefferson City MO (Jefferson City MO) from Mel Wheeler Nc. to Barrington Broadcasting
| More... |
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| Stock Talk |
Stocks down slightly on mixed news
Good news: GE and SBC raised their dividends and the University of Michigan's consumer confidence index was up. Bad news: Delphi said it would lose money in 2005 and the Labor Department's producer price index was up more than expected. The verdict: Traders sent stock prices slightly lower on Friday. The Dow Industrials slipped 10 points to 10,543.
TV stocks bucked the trend and were mostly higher. Paxson gained 9.9%, Granite 7.3%, Nexstar 6.5%, Journal 2.2% (on stellar November revenue numbers) and Fisher 2%.
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| Stocks |
Here's how stocks fared on Friday
| Company |
Symbol |
Close |
Change |
Company |
Symbol |
Close |
Change |
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Acme
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ACME
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6.02
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+0.02
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McGraw-Hill
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MHP
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90.50
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+0.50
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Belo
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BLC
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24.96
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-0.13
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Media General
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MEG
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63.51
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+0.57
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Clear Channel
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CCU
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33.30
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-0.48
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Meredith
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MDP
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53.94
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+0.46
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Disney
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DIS
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27.63
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+0.01
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News Corp.
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NWS
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17.95 |
+0.32
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Emmis
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EMMS
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18.10
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-0.02
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Nexstar
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NXST
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8.41
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+0.51
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Entravision
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EVC
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7.85
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unch
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NY Times
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NYT
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39.42
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-0.31
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Fisher
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FSCI
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47.26
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+0.93
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Paxson
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PAX
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1.45
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+0.13
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Fox
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FOX
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30.30
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-0.28
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Saga Commun.
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SGA
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17.00
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+0.04
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Gannett
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GCI
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80.90
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-1.00
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Scripps
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SSP
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46.16
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+0.20
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Gen. Electric
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GE
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36.69
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+0.67
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Sinclair
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SBGI
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8.37
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unch
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Granite
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GBTVK
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0.44
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+0.03
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Time Warner
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TWX
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18.48
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+0.10
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Gray
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GTN
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15.32
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+0.25
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Tribune
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TRB
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42.20
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-0.28
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Gray, C1. A
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GTNa
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14.13
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+0.27
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Univision
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UVN
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27.90
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-0.25
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Hearst-Argyle
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HTV
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25.76
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+0.33
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Viacom, Cl. A
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VIA
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35.47
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-0.10
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Jeff-Pilot
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JP
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51.61
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+0.90
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Viacom, Cl. B
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VIAb
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34.72
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-0.21
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Journal Comm.
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JRN
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17.45
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+0.38
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Wash. Post
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WPO
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942.50
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-5.00
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Liberty Corp
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LC
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42.83
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+0.73
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Young
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YBTVA
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10.30
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+0.10 |
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LIN TV
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TVL
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18.20
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-0.09
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- |
- |
- |
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__UNSUB__ to this email service.
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Urgent Request
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Now many that know Cathy and me personally, know we go the distance. This request for your assistance is from two people who have a vehicle of RBR & TVBR and are trying to help and bring a Merry Christmas to 40 lonely soldiers in a far away place and seeing the worst of war. Will you help us to help the medics & soldiers during this Holiday Season?
Ship to:
SFC Melick.
325th Field Hospital
APO AE 09355
Thank you and Merry Christmas
Jim & Cathy Carnegie
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Bounceback
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We want to
hear from you.
This is your column, so send your comments to tvnews@rbr.com
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Upped & Tapped
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New regime at Gemstar
Within the Rupert Murdoch empire, Rich Battista has been plucked from Exec. VP of Business Development and Strategy at Fox Entertainment to become CEO of Gemstar-TV Guide International, where Jeff Shell has resigned. If you're keeping track, that's three CEOS in three years at Gemstar.
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RBR - Radio News
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Saga EVP Steve Goldstein warns radio
to embrace change at Arbitron fly-in
Saga EVP and Arbitron Radio Advisory Council member Steve Goldstein discussed how radio needs to jump in with all of these other companies and concerns (agencies and so forth)-accept we need to change and get it done-at Arbitron's annual consultants Fly-In last week: "My real point was that in the past 10 years that we've had pretty seismic changes in our business, but not just our business-other elements in the media business as well. And I mentioned some of them. For example, the DVD business is now bigger than the movie business. The movie biz is a 9.5 billion business, but DVDs are a 16.3 billion dollar business. Clearly, in the last 10 years a seismic change. And if you recall, the movie companies were frightened to death of video. And now, here it is and it has changed their business... "
TVBR observation: One more time again from the top - Irwin Gottlieb, CEO of Group M states to all: "If you are afraid of change this might be a good time to leave the business. If you choose to hang on and pursue opportunity buckle up because it's going to be a terrific ride." More in the January Radio & Television Business Report - The Real Business Magazine - where the rubber meets the road and tells it like it is. Contact April McLynn 703 492-8191 to mail you a copy. Snooze you lose in '05.
| More... |
History 101 repeats itself, learn from this
You have to go back a bit to find another era in radio quite like the one we've been in for the past few years, but Wachovia Securities analyst Jim Boyle sees similarities with the early 1950s. Boyle, who was himself in diapers then, has been doing some research on the era. "The last time the radio sector suffered five consecutive sub-par years was in 1951 through 1955. A new ad-supported media, Broadcast TV, had severely hit radio's audience and revenues. A new technology enabled longer-playing portable music, a threat to some of radio's programs. The geopolitical picture was still settling down from the Korean War. The economy had seen two lackluster years during the 1949-1954 span," Boyle notes. Sound familiar? But then the good news: "Yet, from 1956-60, the buffeted sector returned to near normal 5% revenue growth." Boyle isn't suggesting that investors buy radio stocks and hold on for the inevitable upturn. "It could be a long wait," he says. He's still touting a couple of niche players as the best bets, and only for long-term investors - - Univision and Radio One, which he says should substantially outperform their general market peers in the medium to long term.
Publisher note: History is good to learn where we come from so we know where to go in the future. Young CEO's lesson 101 since many were not even born in 1950 no less in the radio business. Hell, I was only age one in 1950 so a tip of the history research hat to Jim Boyle. Thanks.
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November Digital
Solutions Magazine
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Cutting inventory and the effects--GM Talkback
Larry Wert,
Pres/Gm NBC's - WMAQ-TV,
Tom Bender,
GM Greater Media/Detroit,
Mike Mazursky,
GM 4M Communications
page 6
IF your were in Radio
When it Worked
page 8
Laying the Hits down -
Boom Boom Boom
Listen to past great air checks of
George Michael
WFIL-AM
Fred Winston's classic
NewYears Day Hangover Club &
Bob DeCarlo with Tommy Turntable
page 12

Read RBR in 2 simple steps:
1.Create a simple account with Zinio and download the Zinio Reader.
2. You can then download the November Issue of RBR

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TVBR Radar 2004
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Television News you won't read any where else. TVBR--First, Accurate, and Independently Owned.
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2005: CFOs put the bull in the barn
Finding are more interesting than from CEO's or COO's because these CFO know where the money is and coming from. They have the trends and they are less bullish about the economy in 2005. Widespread concern - rising health care, federal budget deficit, rising energy costs and interest rates. Worries of domestic terrorism have a dampening effect on overall business results. A quarter ago, CFOs were looking for a 3.1% increase in hiring for '05 but that number has dwindled into fractional territory, to 0.8%. Outsourcing is expected to increase. Cap-ex is also expected to be flat. The 3.8% growth rate is said to represent only replacement level spending. And on an ominous note for readers of TVBR, expectations for advertising expenditure have been more than halved, down to only a 2.3% increase for the year. CFOs also lowball economic gains compared to Wall Street. They are looking for a 2.8% increase in GDP, compared to a 3.3% consensus forecast on The Street. Despite all this, the CFOs are expecting their own companies to fare OK, with an expected earnings increase of 11%. TVBR observation: Want the true then go where the money is not just More talk from CEO's or COO's. The CFO is the one that is truly in control of operations today and we all know it. Now, CFO's get out from the behind your numbers at get to the front lines where the real fighting is going on. Go to key events besides banker crap. Attend the RAB, TVB, 4A's conferences and go where the real street action is. 12/10/04 TVBR #240
Cable penetration hits 10-year low; satellite continue surge
More American TV households are receiving cable programming via an alternate delivery system (ADS/satellite) than ever before while wired cable lost 300,000 subscribers and saw its penetration percentage hit a 10-year low, according to a TVB analysis of Nielsen Media Research data for November 2004.
TVBR observation: If you track or pace the process then click and print the charts. We do to follow the trend. Worth tacking in your programming and sales department and put in your media kits. Again we recommend print out the charts to develop your own pacing trends. Do not rely on any trade association to do your job. 12/10/04 TVBR #240
Arbitron claims PPM recruiting success in Houston
Over 52% of the households targeted for the first wave of PPM recruitment agreed to participate. The company says fault rates are also low. Response levels had been a big concern during the initial PPM test in Philadelphia, but Arbitron thinks it's got the problem licked. Look for the test to start churning out data come July. TVBR observation: This is why you test. Another improvement in the Houston test will be a modification to the PPM device that will differentiate in-home and out-of-home media use, based on proximity to the docking/recharging unit. TV guys, who've never had out-of-home viewing measured by Nielsen, are salivating over that. But cost remains a big concern for many radio companies, along with how PPM affects morning drive ratings. You must read and print out these charts. We like this point - TV is salivating so Nielsen step-in with the Kleenex and wipe off the drool.
12/09/04 TVBR #239
Belo, More warnings on 2005
TV groups are setting the bar low with no Olympics or political revenues to speak of next year. Belo will have no Olympics revenue in 2005 versus almost $10 million in 2004. The Super Bowl will be on Fox, rather than one of the three networks where Belo's television station affiliations are concentrated.
TVBR observation: Look for Fox to improve next year with new upper chief in Jack Abernethy. TV must cross market with local Radio or lose. 12/09/04 TVBR #239
Sook thinks JSAs are safe
Despite the uncertainty over what will happen with the FCC's media ownership rules, Nexstar Broadcasting Group CEO Perry Sook points out that TV joint sales agreements (JSA) should still be allowed. hat's important for Nexstar, which has virtual duopolies in 16 markets through JSAs with stations owned by Mission Broadcasting. Sook noted that all of the comments filed with the FCC on the subject of TV JSAs were in favor of continuing to allow JSAs, rather than counting JSA'd stations against in-market ownership limits, as in radio.
12/09/04 TVBR #239
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Radio Professionals
Salem Communications seeking experienced candidates in Radio Sales, Programming, and Management for pending acquisitions in Miami and Omaha, EOE.
GM & Equity
New England radio group seeks self-starter to captain turnarounds. Community radio is still alive and well in this Central New England combo. Equity participation available Letter and Resume
See Radio Careers for more info.
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