Radio: December 8, 2017
The
ink had barely dried on last week’s column regarding the financial
problems with Cumulus Media -- owner locally of KLOS (95.5 FM) and KABC
(790 AM) -- when the media giant officially, finally, declared
bankruptcy.
The
move comes a month after the company defaulted on a payment of nearly
$24 million of principal and interest on more than $2 billion the
company has in debt. If approved, the bankruptcy -- pre-arranged with
the majority of debtholders -- will cut about $1 billion in debt,
leaving the company in much better financial shape.
It
will also take the heat off of CEO Mary Berner at least temporarily.
Under Berner, Cumulus has continued to struggle financially and in the
stock market. But employee turnover is said to be far lower (though I’m
not sure if this is due to happier employees or fewer cost-cutting
layoffs) and employee morale is said to be better.
In
my opinion the best move Berner made was to give local control back to
the local market management. Former CEO Lew Dickey was known as a
hands-on manager who wanted to approve everything. Berner has given
decision-making back to the General Managers and programmers at the
station and market level; this is a huge change that could help make
Cumulus viable again.
In
Los Angeles, KLOS is in a good position to become the local rock
leader; programmer Keith Cunningham has revitalized the station and
moved it away from classic rock to a classic-current rock hybrid. I
personally hope he adds more current music, but whatever Cunningham
decides, KLOS is in a far better place than it was just two years ago.
KABC
is a different story. The station has some good shows with good hosts,
but for various reasons (cough! marketing!) it has remained stagnant in
the ratings. Perhaps the time has come to move from talk to a more
full-service news/talk/music approach. Regardless, the time is ripe for a
KABC comeback. If it stays talk, my suggestion would be to separate
Jillian Barberie from The Drive Home and let John Phillips do the show
on his own. Dump the replays and weekend paid programming as well ... it
kills the ratings.
And
here’s an idea as well: buy 100.3 from Educational Media Foundation.
EMF vastly underpaid for the station as former owner Entercom found an
owner that wouldn’t compete with Jack or KRTH as would The Sound. EMF
could sell the station to Cumulus at a big profit, benefiting both
companies at once. 100.3 could relaunch The Sound and KLOS could go
mostly current. Done right, Cumulus could own the rock market in all
demographics in Los Angeles.
Stories
I
had a chance to be in the same building as about 50 radio legends once
more, as the semi-annual Los Angeles radio reunion took place last
weekend at Fuddruckers in Burbank. The best story, though, came from
Machine Gun Kelly, who spoke of his time at KHJ (930 AM). “Best station I
was ever at,” Kelly told me of his tenure that began at the age of 21.
It
was his departure from the station that was so great. “John Sebastian
(the new programmer) came to me about five minutes before my shift,”
Kelly explained. “He told me that the station was moving in a new
direction and that I had to tone it down ... no more of those
(trademark) long yells of his name when he went on the air. I said sure,
I’ll can do that.
So
as my shift starts, I turn on the mic and yell ‘3 o’clock at K-H-J Los
Angeles’ followed by the longest ‘with Machiiiiiinnnnnne Guuuuuuuuuun
Kelly’ I have ever done It was probably at least 15 seconds long.
“Sebastian
angrily walks into the studio and says ‘you’re fired.’ I tell him
‘that’s fine, I’ve already been hired by Ten-Q ... I’ll see you on the
air at six tonight.”
Kelly
knew what was coming and had been hired by Ten-Q (KTNQ, 1020 AM)
already ... he was just waiting for the day to leave. Things like that
happened back in the days when stations competed for listeners.
Winker Fun
Airchexx.Com
has a fun recording of Wink Martindale filing in on the morning shift
of KFWB in June of 1965. Lots of horn blowing to add excitement ...
typical for many stations of the era. Reached for comment, Martindale
told me, “Geeez!!! Hard to believe I thought that was ‘entertaining’!!!!”
Regardless
of his own opinion, Martindale sounds like he was having fun and the
recording is an example of a long-gone era of early top-40 radio. One
thing you might find interesting: marred only by tape hiss, the fidelity
of the recording shows how good AM radio used to sound through a good
AM radio. This is also a good example of Martindale prior to his
evolution into one of the best MOR/Adult Standards radio hosts ever to
grace the Los Angeles airwaves. You can hear the same friendliness he
exudes on his television game shows too.
Odd hearing cigarette commercials on radio. This was prior to the ban of such advertising by the FCC.
Unfortunately,
Martindale was hampered by KFWB’s programming that included quite a few
stiffs record-wise. No wonder KRLA and KHJ “convinced” KFWB to change
to news just two years later.
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