Home Blog Page 109

ESPN Reportedly Not Spinning off From the Walt Disney Company

0

Disney won’t spin off ESPN, according to new reporting from Business Insider. New CEO Josh D’Amaro has made that call, and for now, it’s not up for debate.

There has been much debate over the years where investors argued ESPN’s declining cable business could hurt Disney’s overall value. D’Amaro disagrees, according to the reporting.

He sees ESPN as a strategic asset — one that fuels Disney’s streaming push rather than weighing it down.

ESPN stays, and the multi-platform strategy continues. Subscribers can access the network through traditional cable, through the Hulu and Disney+ bundle, or as a standalone streaming product. Disney may also seek additional minority partners, similar to its deal selling a 10% stake to the NFL last year.

According to Business Insider, D’Amaro could revisit the decision down the road. But right now, a sale is off the table.

As viewers have grown more selective with their spending in recent years, the cord-cutting wave has accelerated across the cable industry. This has greatly affected ESPN by raising concerns that the declining business was weighing on Disney’s overall valuation. ESPN introduced their own direct-to-consumer platform in fall of last year as a result.

ESPN has not commented publicly on the report.

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.

Libsyn Adds Spotify Video Capability For All Creators

0

Libsyn has announced it is expanding video publishing capabilities for Spotify to all content creators beginning on Wednesday.

Libsyn creators can now publish video podcasts directly to Spotify, as well as other video platforms, with the company’s complete integration with Spotify’s Distribution API.

“We view video as a natural progression for podcasting – it gives creators more ways to engage audiences, deepen storytelling, and grow their businesses,” said Libsyn President/CEO Brendan Monaghan. “Creators don’t want to choose between audio or video, or between platforms.

“That’s why we’re opening video to every Libsyn creator – not hand-selecting a few shows,” Monaghan continued. “We believe the platforms that win in this next era of podcasting won’t be the ones that limit access – they’ll be the ones that empower creators at scale.”

While it is adding the ability to publish videos to Spotify, Libsyn says a similar functionality for Apple Podcasts‘ HLS video is in the works. The company says that capability is “coming soon.”

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.

Roku, CW Network Form Streaming Partnership With Next Day Dedicated Hub

0

The CW Network and Roku announced a new streaming partnership launching this fall. CW programming will land on The Roku Channel through a dedicated CW-branded hub. The deal puts CW content in front of more than half of U.S. broadband households.

Shows heading to the hub include the new scripted series Private Eyes West Coast, and the unscripted hit Police 24/7. Additionally, episodes of Scrabble and Trivial Pursuit will also be available. Additionally, new installments of “WWE NXT” will be made available to stream on The Roku Channel every Wednesday following its live Tuesday night broadcast on The CW.

Earlier today, the CW Network announced an additional streaming partnership with ESPN for their live sports portfolio.

The hub also features over 800 hours of CW library content. That includes Wild Cards, Penn & Teller: Fool Us, Children Ruin Everything, and Good Cop/Bad Cop starring Leighton Meester and Luke Cook.

CW President Brad Schwartz sees the deal as a major reach play.

“Partnering with Roku supercharges the reach and accessibility of The CW’s premium entertainment content,” he said. “We’re bringing together the best of broadcast with the best of streaming to unlock unprecedented scale for our content, our audience, and our advertisers.”

Roku’s Head of Content Lisa Holme highlighted the programming depth.

“The CW’s lineup is packed with bold, binge-worthy programming — from the intrigue of ‘Sherlock & Daughter’ to the competition of ‘WWE NXT’ to the long-running magic series ‘Penn & Teller: Fool Us,'” she said. “Starting this fall, Roku viewers will be able to stream it the very next day.”

Viewers can still watch CW content through the CW App. The partnership also opens new doors for advertisers, promising deeper engagement and broader audience targeting across screens.

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.

Yahoo Sports Adds Jarrod Schwarz As General Manager

0

Yahoo Sports has a new leader. The company named Jarrod Schwarz as General Manager of Yahoo Sports. He will oversee product, design, technology, revenue, operations, partnerships, business development, and content.

Schwarz brings more than 20 years of experience building digital sports products. He most recently served as Chief Operating Officer at BetMGM. Before that, he held a VP of Product and Design role at Disney and ESPN, where he helped launch ESPN+.

Earlier stops include eBay and Bloomspot, which JPMorgan Chase later acquired.

Ryan Spoon, President of Yahoo Media Group, made clear why the hire matters.

“Jarrod has a unique and exceptional track record of building winning digital sports products and businesses, especially in areas fundamental to Yahoo Sports like core platforms, streaming, editorial, and fantasy,” Spoon said. “We’re thrilled to have him join the team and lead our growing Yahoo Sports operation to new heights.”

Schwarz sees Yahoo Sports as a rare platform. Few digital brands operate at this scale across sports, media, and technology simultaneously.

“I’ve spent my career at the intersection of sports, media, and technology, and Yahoo Sports is one of the few places that brings all three together at real scale,” Schwarz said. “From fantasy to editorial to community, it fuels fandom at every moment that matters. I’m looking forward to working with this talented team to deliver experiences that make us an indispensable part of every fan’s daily routine.”

Schwarz reports directly to Spoon. He starts this summer.

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.

Mix 93.3 Adds Mallory Kay to Afternoons, Marissa to Nights

0

Mallory Kay at Mix 93.3 is moving to afternoons. Kansas City’s Steel City Media promoted Kay to drive time, where she joins Dave O weekdays from 4–6 p.m.

The station broke the news on social media. The post read, “Dave O has something he wants to share with you… and it’s gonna be PURRty great…” It continued, “Mallory Kay has earned a promotion to afternoons with Dave O!”

Kay previously hosted nights. Her “After Hours” show ran weekdays from 7–10 p.m. That slot now belongs to Marissa, a Kansas City native hired to fill evenings Monday through Thursday from 7–11 p.m.

Marissa grew up in Kansas City. She’ll count down the Top 7 at 7 and keep listeners current on pop culture. Her bio captures her connection to the market: “This city has shaped me into the person I am today.”

Kay built her brand around lifestyle content and community engagement. Moving her to afternoon drive alongside Dave O continues that trajectory. Afternoon drive remains one of radio’s most important dayparts.

No other lineup changes came with the announcements.

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.

Cumulus Sees 12% Revenue Decline During 2026’s First Quarter

0

Cumulus Media has unveiled its 2026 first-quarter financial results. The company reports an overall revenue decline.

During the quarter, Cumulus reported $164 million in net revenue. That figure represents a 12.2% decrease compared to the same quarter in 2025.

Of that $164 million in net revenue, broadcast radio revenue accounted for $101 million. That marks a year-over-year decrease of 19%. The company’s network radio revenue fell just under 25% during the first quarter.

Digital revenue dropped 8.3% to $33.5 million.

“We are pleased to report first quarter earnings,” said President/CEO Mary Berner. “The Court’s recent approval of our reorganization plan marks a pivotal milestone in strengthening our financial foundation and positioning the Company to compete in the evolving media landscape. While we await FCC approval of the plan, we remain focused on leveraging our core strengths to drive long-term value creation.”

Cumulus‘ Adjusted EBITDA for the first quarter was $2.7 million, down 23.6%. It’s net loss for the quarter, however, was mitigated sharply. It lost $16.9 million, down from $32 million the prior year.

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.

CW Network, ESPN Partner For Live Sports Streaming Agreement

0

The CW Network and ESPN have a new deal. Starting Summer 2026, the ESPN App becomes the exclusive streaming home for all CW Sports live events.

Fans with an ESPN Unlimited subscription will access CW Sports on any device. That includes ACC, Pac-12, and Mountain West college football and basketball, NASCAR, WWE NXT, PBA Bowling, PBR Bull Riding, AVP volleyball, and the 2026 Arizona Bowl.

CW Sports continues to build real momentum. The network now delivers over 800 hours of live sports annually. NASCAR viewership grew 10% in 2025, with the first 13 races each topping one million viewers — a first in nearly a decade.

In 2026, the first 10 races have all cleared one million viewers, with viewership up 22% over last year.

“Joining forces with ESPN is a monumental next step in the evolution of CW Sports,” said Brad Schwartz, President of The CW Network. “This new partnership will allow us to connect seamlessly with our audiences everywhere.”

ESPN’s Rosalyn Durant, EVP of Programming & Acquisitions, framed it from her side: “This agreement gives fans even more live sports to watch year-round within the ESPN Unlimited plan, while extending the reach of CW Sports to new audiences.”

The partnership makes strategic sense for both parties. The CW gets streaming distribution and digital reach. ESPN deepens the value of its Unlimited plan. Fans get more sports in one place.

CW Sports recently earned a finalist nod for the Sports Business Awards 2026 Breakthrough of the Year.

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.

Miller and Moulton Join Veterans Classic Rock for Morning Drive on NEWHD Radio

0

NEWHD Radio’s Veterans Classic Rock has a new morning show. Miller and Moulton, syndicated by Radio Customs and Jeff Weber Media, join the lineup in morning drive.

The addition connects two brands with a shared sense of purpose. Veterans Classic Rock targets the nation’s 13 million veterans as well as people with disabilities. NEWHD Radio also champions employment for individuals with autism, disabilities, and veterans across its formats.

Zach Martin, founder of NEWHD Radio, explained what drew him to the show. “Miller and Moulton relate to people in a one-on-one manner, they don’t talk down to their listeners,” he said. “They have real energy and are both entertaining and informative. We’re excited to bring our audience Miller and Moulton in the morning and great classic rock all day long.”

Gentry Thomas, founder and CEO of Radio Customs, emphasized the broader significance of the partnership. “Being part of Veterans Classic Rock means more than just adding another affiliate for us; it means being part of something that truly matters,” he said. “What Zach and his team have built is special. It’s a platform that honors those who have served, supports veterans and individuals with disabilities, and uses the power of radio to bring people together.”

Miller and Moulton also weighed in. “At its core, Miller & Moulton has always been about connection, conversation, and community, and that aligns perfectly with what Veterans Classic Rock represents,” they said. “We’re proud to be part of a network that not only entertains but also uplifts and serves a greater purpose.”

Veterans Classic Rock additionally features Charlie Kendall’s Metalshop, Beatle Break, and Denny Somach’s Rock and Roll for Grown Ups.

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.

Chris Oliviero to Receive ‘The Jeff Smulyan’ Award at the 2026 Barrett Media Audio Summit

0

One of the great parts of each Barrett Media Audio Summit is the Premiere Networks awards ceremony. In partnership with our friends at Premiere, we’ve celebrated many of the true heavyweights in our industry. From talent to programmers to executives and legends, the best of the best are recognized for their various contributions to the business.

Today, we kick off announcement season for our awards ceremony with the reveal of the 2026 Jeff Smulyan Award recipient. Additional award winners will be announced in the weeks and months ahead. The Premiere Networks Awards ceremony will close out all three days of our upcoming Summit. The event takes place on Tuesday June 30th, Wednesday July 1st, and Thursday, July 2nd at the SVA Theatre. For tickets, click here.

Our first award, The Jeff Smulyan Award, was introduced in 2019 at our first live Sports Summit in Los Angeles. It is named after the inventor of the sports format, Emmis Communications CEO and Chairman, Jeff Smulyan. The award goes annually to an executive who takes risks, produces results, and champions sports radio’s growth. Jeff Smulyan joins us each year to present the award. Past winners include Kraig Kitchin, Dan Mason, Traug Keller, Julie Talbott, Steve Cohen, and Bruce Gilbert.

It is my pleasure to announce our 2026 recipient of the Jeff Smulyan Award, Audacy Chief Business Officer, Chris Oliviero.

An Accomplished and Respected Executive

Chris Oliviero currently leads operations across Audacy’s entire portfolio. He has served as New York Market President since 2022. Before that, he held the title of Senior Vice President and Market Manager starting in 2020.

Previously, Oliviero served as Executive Vice President of Programming at Entercom. There, he led content strategy for the company’s news, sports, and talk brands. He also played a key role in Entercom’s 2017 merger with CBS Radio.

Prior to the merger, Oliviero spent 22 years at CBS Radio. As Executive Vice President of Programming, he oversaw 117 stations across 26 markets. Those stations spanned both music and talk formats.

Beyond his professional roles, Oliviero remains active in the broader industry. He currently serves as Vice Chairman of Radio for the New York State Broadcasters Association. He is also an original member of the Brooklyn Sports and Entertainment Advisory Board at Barclays Center. Additionally, he serves on the nominating committee of the Radio Hall of Fame in Chicago.

His accomplishments speak for themselves. But his passion for sports talk radio sets him apart from the rest. Chris has played a pivotal role at CBS Radio, Entercom, and Audacy. Each group has enjoyed consistent success in the sports format, earning industry recognition as best-in-class operators. Under his leadership, WFAN has remained one of radio’s most important and successful brands. Furthermore, Audacy’s sports radio presence in Philadelphia, Chicago, Detroit, and Atlanta tells its own story. Oliviero is widely regarded as one of sports radio’s most committed and influential advocates.

In Their Own Words

“I am thrilled that Chris has been selected as the 2026 recipient of the Jeff Smulyan Award,” shared Jeff Smulyan. “Chris is not only a great leader of Audacy’s industry leading sports programming, but he is also a skilled operator with a first-class leadership style that carries over to all of the operations he oversees. I look forward to shaking his hand on stage in New York this summer.”

“To be in the sports media business and honored with an award bearing Jeff Smulyan’s name is truly a meaningful moment,” added Chris Oliviero. “Our industry owes a debt of gratitude to Jeff’s vision as I and many others have reaped its benefits for decades now. My appreciation to Barrett Media and Jeff for this recognition. I can’t wait to share the room with so many friends and colleagues on July 1st in New York City.”

The Premiere Networks Awards ceremony will feature three individual awards at each day’s show. The Gold Standard in Programming, Business, and Content is featured at the News Summit on 6/30. Our Sports Summit on 7/1 features the Jeff Smulyan Award, the Mark Chernoff Award, and the Lifetime Achievement Award. And our Music conference will have three new honors revealed in the near future.

We hope to see you in the big apple this summer!

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.

3 Questions About KNX News Leaving 97.1 FM

3

On Tuesday, a surprise announcement came down: Audacy is moving KNX News off the 97.1 FM signal to make way for a new sports talk brand, 97.1 The Fan.

On May 11th, the new brand will hit the airwaves, with KNX News moving back to solely being heard on the 1070 AM signal.

It isn’t as if KNX has a long, illustrious history on the FM dial. The Audacy all-news brand first hit the 97.1 FM signal in December 2021.

So it isn’t the end of a longstanding brand like other moves the company has made in recent years. But it was surprising nonetheless. KNX is a heritage brand in Los Angeles and has been performing relatively well in the ratings. During March, the station featured a 4.1 share in the 6+ ratings, making it 6th in the market.

Generally, a sixth-place station isn’t ripe for a format change. Especially in a market like Los Angeles. But, Audacy is making a bold move. Which I ultimately commend them for. I’ll almost always champion taking big swings and missing rather than sitting on your hands and hoping that something good happens.

But it does bring up three questions in my mind that need asking.

1) Is this a shift in overall strategy by Audacy or just a one-off?

Audacy has put a lot of work into bringing strong AM radio brands to the FM dial. Whether it be sports, news/talk, or all-news, it has made it an emphasis in recent years to get those brands on FM.

There’s been a long line of stations that have moved from AM to FM in recent years. And I’ve championed them all. Because, as I’ve written many times, I think that AM radio is largely DOA. Outside of super large markets — and Los Angeles absolutely fits in that category — I just don’t think there’s a ton of value in having an AM-only signal or brand these days.

So why the change now? Is this a one-off, market/format-specific move, or is it a broader shift by the company? Do station personnel at WWJ 950 in Detroit or KYW in Philadelphia need to give up on hopes of getting a full-market FM signal?

Is there a newfound importance on the AM band at Audacy? I don’t ask that faceitiously. I think you could probably argue that with its heritage at 1070, KNX News makes a bunch of sense on the AM band. Couple that with a new format on the 97.1 FM signal, with another opportunity to generate revenue, and I can understand the move. But I’d be interested in knowing if this is a very specific case or if “We need to use our assets — namely, AM radio — to generate revenue in any way we can” is a new edict.

2) What does this say about the state of All-News at Audacy?

When you think about the news surrounding Audacy’s all-news brands over the past couple of years, it hasn’t been overly positive. 1080 KRLD went away from the all-news format in June 2024. WCBS 880 went away completely in August 2024.

It isn’t an Audacy brand as much as Audacy was tasked with selling and distributing it, but CBS News Radio is set to go away next month.

Sure, 1010 WINS got an FM simulcast on 92.3 FM. And by all accounts, it has gone spectacularly for the brand and the New York cluster. But was that just an outlier? A specific case where a brand with such an undeniable heritage and selling power works?

In the press release about the move, Chief Business Officer Chris Oliviero said that the launch of 97.1 The Fan “further strengthens Audacy as the unrivaled leader in sports audio.” He’s absolutely right. Audacy dominates the space.

But is that the only space Audacy wants to dominate? Because you could easily argue that the company also dominates the all-news space. Outside of some outliers like WTOP, WBZ, or NPR stations, Audacy owns the lion’s share of the big-time stations in the format.

Is diminishing KNX — and I don’t think that’s an unfair word to use — cementing Audacy as the leader in sports audio or hurting itself in the all-news world?

I don’t view this as a “sky is falling” type move, really. But I can’t help but wonder about the state of all-news radio at the company following this development.

3) Will a sports radio station ultimately cost more money to run than an all-news station?

All-News radio is expensive. Make no mistake about it. But sports isn’t much cheaper, either, is it? Sure, maybe a little bit in personnel costs. But all-news stations, generally, aren’t ponying up for rights fees, either.

If anyone in the business knows the answer to this question, it’s Chris Oliviero. He oversaw a cluster that had 880 WCBS, 1010 WINS, and WFAN for a long time to know the answer. Logic would say that the answer is, yes, an all-news brand is going to cost more.

But logic would also say that an all-news brand generates more revenue, too. When BIA Advisory Services lists out its top ten radio stations by revenue, do you know which format has the most stations? All-news. In 2023, WTOP, 1010 WINS, WBBM, and WCBS all made the top 10. There were two sports stations. Of those four all-news brands, they had the rights to exactly one pro sports franchise. WCBS was the home of MLB’s New York Mets.

Those two sports stations, which included 98.5 The Sports Hub in Boston and WFAN in New York? Well, The Hub has the New England Patriots, Boston Celtics, and Boston Bruins. WFAN has the New York Yankees, New York Giants, and the Brooklyn Nets.

I’d have to imagine that paying for the rights to three pro sports franchises costs more per year than a few writers, producers, and reporters. But I’ve been wrong before.

97.1 The Fan might not immediately compete for rights. I’d assume the station will announce it is the new FM home the Los Angeles Rams for the 2026 NFL season. I’d also imagine it has interest in becoming the home of the UCLA Bruins. But the company isn’t launching an FM sports station of the blue to not have or compete for the rights of the likes of the Rams, Lakers or Dodgers in the future.

It’s something that had never really been an option on KNX News. I have to think that it’s a hefty price tag that either equals or exceeds expenses on the current station.

Barrett Media produces daily content on the music, news, and sports media industries. Sign up for our newsletters to stay updated and get the latest information right in your inbox.