US

iHeartMedia Buys Back $60 Million In Stock

iHeartMedia, Inc. (NASDAQ:IHRT) announced today that its subsidiary, iHeart Operations, Inc., repurchased and cancelled all of its 60,000 outstanding shares of Series A Perpetual Preferred Stock, utilizing cash on hand. “We are pleased to have voluntarily repurchased the full balance of our $60 million preferred stock, demonstrating our commitment to strengthening our balance sheet and […] […]

US

Green Bay Packers To Move To 97.3 The Game Milwaukee After Over 90 Years On WTMJ

After spending their entire history on 620 WTMJ Milwaukee, the Green Bay Packers will move to iHeartMedia Sports “97.3 The Game” WRNW-FM Milwaukee in 2022. WTMJ has carried Packers broadcasts since 1929 and has served as flagship of their network since 1943. Good Karma Broadcasting Milwaukee VP/Market Manager Steve Wexler issued a statement, “While we’re […] […]

US

Ke Buena Debuts In Oregon As First Auction 109 Signal To Sign-On

Xana HD Solutions has signed on 94.1 KYJJ Boardman OR as the first signal from the recently completed Auction 109 to make it on the air. The station debuted today as Regional Mexican “Ke Buena 94.1” duplicating the brand of co-owned “Ke Buena 95.7” 1330 KYOZ/K239CL Spokane. KYJJ is located southwest of Richland WA right […] […]

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SCBA Releases Nielsen Study On Impressions Buying For Radio Industry

A new Nielsen study commissioned by The Southern California Broadcasters Association demonstrates the power of impressions for the radio industry. These findings show that agencies are increasingly using impressions to evaluate media, and the usefulness of impressions to evaluate radio and digital using a common metric. According to the study, the benefits of impressions based […] […]

ASIA

Good Words: Bad Words

It’s all about the tension levelsSelling Radio Direct with Pat BrysonI was teaching a new group of salespeople last week and we were discussing how to manage the tension level that usually arises when we are asking a prospect to buy. If prospects are uncomfortable, they usually won’t buy from us. It’s up to us to bring the tension level down, to make our prospects comfortable. How do we do this?We want to make sure that we use words from the world of our clients, not from the world of radio, TV or newspaper. Our industry terms should never be used outside our offices. Most of the time, our prospects don’t understand fully what we are saying. They may not want to ask us to explain. More than likely, they simply don’t buy. They are uncomfortable.We also need to make sure that we speak clearly. How’s your grammar? Do you use dialects? In some areas of the country, it’s considered acceptable to use improper English. Actually, it’s not acceptable. You might get away with it in a small area, but if you talk to anyone outside the area, you will come across as uneducated. This makes it difficult to establish credibility. After all, we’re supposed to be the marketing experts.What about those “ticks”, those physical things we do, often unconsciously, that signify that we are nervous. If we are nervous, soon our prospects are also. We transmit our nervousness to them.There are also some words that we can use to manage the tension level, to bring it down: authorize, approve, agreement, results, proven, easy, save, results, profit, let’s.On the other hand, there are words we should omit from our closing vocabulary because they will spike the tension level: contract, deal, sign, cost, buy, liable, obligation, price, pay, decision.One of my former students had been a newspaper salesperson for 15 years prior to coming to radio. When we were studying these words, he shared with me how he had used them in his former profession. When he was calling on a prospect who used a competitor’s product, he used the words like this:“How liable are you when you sign their contract? What type of obligation do you have to pay for their deal? With our agreement, we make it easy. All you have to do is authorize this campaign and the results have been proven by other of our clients.”In other words, he used the bad words when referring to the competition and the good words when referring to his own. Diabolical? Yes. Brilliant? Yes!Our job is to reduce the risk and stack the value. Doing so makes potential clients comfortable in saying, “Yes” to our offers. Higher billing awaits!Pat has a New Book […]

ASIA

Aircheck Sessions: 5 Helpful Tips

Content from BPRFew things are more unpleasant that program director/presenter aircheck sessions. Perhaps the best analogy is the apprehension that one has when going to the dentist. Nobody likes it!Few presenters that I have worked with enjoy the process. Few program directors look forward to the experience.Presenters dread aircheck sessions because they assume that their boss is going to point out their faults and mistakes. The often confrontational aspect of these sessions undermines their productiveness.Can aircheck sessions be productive? In most cases, the answer is yes. However, there are some basic rules to be followed.Rule 1. Give the review of the presenter’s work a positive spin. Don’t be afraid to point out the good stuff. People are more likely to pay attention if the session focuses more on the positive than the negative. When it comes to the negative critique, make it forward looking. Lines such as: “That didn’t really work so well but here is how you can make it better next time.”Rule 2. Ask questions of the presenter. “If you were faced with this situation again, how do you think you could improve upon it?” “How would you rate this segment?” By turning the tables on the presenter, you allow them to critique their own work. Sometimes you may find that they can point out areas of improvement that have not occurred to you.Rule 3. Space the sessions apart. It is not necessary to have an aircheck session every day. Once a week is probably enough. More frequent sessions may lead to needless repetition and fatigue. Avoid information overload. Human beings best process information in small doses.Rule 4. If possible, keep the sessions short. An aircheck session should probably never be more than a half an hour.Rule 5. Know your presenter. In my experience, a large number of presenters are fragile people. They can be insecure. In some cases, they may be their own worst critic (although they will never admit that to you.) Some presenters have out-sized egos but these personalities often are the most insecure of all. Approach airchecks sessions more like a psychologist and less like a judge and jury.Don’t expect the presenter to ever say, “Hey, let’s do an aircheck.” However, you can make the experience into something that produces positive results in both the short and long term.By Andy Beaubien, BPRIf you require further help with your own airchecks sessions, please feel free to contact us at [email protected] […]