Home Blog Page 2019

Diamond Sports Group Makes Payment to Minnesota Twins, Cleveland Guardians

0

Diamond Sports Group, a subsidiary of Sinclair Broadcast Group, has been neglecting to pay select regional media rights fees as it restructures its debt under Chapter 11 bankruptcy. Local broadcasts for the San Diego Padres, for example, were recently moved off of Bally Sports San Diego after the company failed to fulfill its payment to the team after a grace period. Major League Baseball created and bolstered a local media department led by executive vice president Billy Chambers, entering the season prepared to take over the production and dissemination of regional games at a moment’s notice.

Teams that could be potentially affected by the company failing to pay its rights fees this year included the Cleveland Guardians, Texas Rangers and Arizona Diamondbacks, the latter of which Diamond Sports aspires to drop. Diamond Sports Group has made its payment to the Texas Rangers, while the Diamondbacks are set to engage in a hearing with the company on July 17.

The Minnesota Twins, however, will have their games broadcast on Bally Sports North for the remainder of the 2023 regular season. A source with knowledge of the network’s plans revealed that Diamond Sports Group has made its payment to the team ahead of the deadline, according to the Star Tribune. The local media rights fee for the team is $54.8 million this year, which was agreed to over a decade ago; however, the contract ends following the conclusion of the regular season. Because of a preponderance of consumers considering or following through with cord-cutting, the deal is losing the company money, but it still hopes to ink a new contract with the team next year.

Additionally, Diamond Sports Group has made its rights payment to the Cleveland Guardians, according to a report from Crain’s Cleveland Business. The Guardians’ contract with the company does not expire until 2027, keeping them on Bally Sports Great Lakes for the foreseeable future. Diamond Sports Group is currently responsible for the regional sports broadcasts for 13 Major League Baseball teams.

Diamond Sports Group has long coveted direct-to-consumer (DTC) broadcast rights in order to bolster its streaming platform, Bally Sports Plus. In a contentious meeting between Major League Baseball Commissioner Robert D. Manfred Jr. and Sinclair Broadcast Group President and Chief Executive Officer Chris Ripley, the company requested the league grant it the DTC rights. When Manfred vehemently declined, Ripley outlined his plan to declare bankruptcy and begin declining to pay media rights deals. Without this revenue stream, Manfred and the league office knew the competitive integrity of the sport could be compromised, catalyzing it to take action.

In a recent bankruptcy court hearing between the two sides, Judge Christopher Lopez ruled that Diamond Sports Group must fulfill its agreements and pay the full amount of money owed to its rightsholders or relinquish the media rights entirely. Lawyers for Diamond Sports Group had argued that the fees should be renegotiated due to changing market conditions in the modern media ecosystem. Forty teams from Major League Baseball, the National Basketball Association and National Hockey League will remain under contract with the company should it be granted a form of egress from the Diamondbacks contract.

California News/Talk Station KSRO Hit By Cyberattack

0

Amaturo Sonoma Media Group is dealing with a cyberattack, with news/talk station KSRO being affected by the incident.

According to a report from All Access, KSRO is one of four stations dealing with the attack. Company President and General Manager Michael O’Shea reported that the digital databases for four of the nine stations owned by the group were attacked.

“We’re not negotiating with these offshore scumbags, but rebuilding everything,” O’Shea said.

The attack began on Thursday, June 29th at around 3:00 AM. O’Shea claimed the organization only regained enough control to air commercials in the late morning on Monday.

KSRO is the latest in a long line of media entities affected by cyberattacks. Earlier this year, the Philadelphia Inquirer was subject to an attack, while Skyview Networks saw massive disruptions in its ability to distribute both ABC News Radio and CBS News Radio after it was attacked in late January.

Atlanta Braves Nearing Split from Liberty Media Corporation

0

The Atlanta Braves, a successful Major League Baseball franchise that captured a World Series title in 2021 and is on track to win the National League East division for the sixth consecutive season, is set to become its own distinct, public entity. Liberty Media Corporation, based in Englewood, Colo., has selected July 18 as the day where the split needs to become official as the company looks to reorganize its assets. The company’s President and Chief Executive Officer Greg Maffei says that the move will allow investors to gain more clarity in decision-making and highlight the value of the team. Forbes assessed the value of the organization to be approximately $2.6 billion and generated $51.2 million in operating income during 2022.

Liberty Media Corporation is the parent company of Formula 1 racing, a subsidiary rapidly growing in popularity across the United States. Television audience metrics for the racing property last season were up 28% from 2021, and 12 of the 22 races shattered U.S. television event viewing records. Formula 1 and The Walt Disney Company announced an extension of their media rights deal through the 2025 season, estimated to be worth up to $90 million annually.

The media conglomerate also owns a majority share of SiriusXM satellite radio and has shares in Live Nation Entertainment. Over the years, the company has made numerous investments in the sports media space, including as a previous owner of the DIRECTV family of regional sports networks and led a Series D funding round for Overtime Sports.

Atlanta National League Baseball Club, LLC was integral in constructing Truist Park, a state-of-the-art facility that holds just over 41,000 spectators – and often sells its games out. Additionally, the team created The Battery Atlanta around the ballpark, providing fans with unique shopping and culinary experiences to accentuate the game day experience. The mixed-use development, owned and operated by the Braves Development Company, contains a hotel, apartments, entertainment venues and office space, some of which is occupied by Dickey Broadcasting (WCNN 680 The Fan).

While divulging its earnings this past May, Liberty Media Corporation reported first-quarter revenue for the Braves as $31 million, 35% higher than last year’s mark. The average attendance for Braves games at Truist Park is 39,076, up 3% from last year and one of the top 10 draws in the sport. As a whole, Major League Baseball is experiencing larger crowds across the board, perhaps engendered by the implementation of new rules intended to hasten play and boost offensive output. Stars such as Austin Riley, Ronald Acuña Jr., Spencer Strider and Matt Olson have fostered a strong relationship between the team and its fans with hopes of another World Series run.

The split of the team from Liberty Media will be completed through the exchange of stock by investors – essentially a trade of Liberty Braves stock into shares of Atlanta Braves Holdings, Inc. This new company will contain all of the assets currently encompassed within Braves Group and Braves Holdings, LLC. Projected revenue for the 2023 season is $425 million, according to Forbes, while its operating income is anticipated to be $51 million.

A new Liberty Live common stock will be created in early August, a reclassification of the common stock, and will contain Series A, Series B and Series C common stock pertaining to assets including Live Nation, the Drone Racing League, Overtime Sports and the Kroenke Arena Company. It will be funded with nearly $100 million of corporate cash from the Formula 1 Group and contain an undrawn margin loan through 9 million Live Nation shares.

WNSR Named New Flagship of Tennessee State

0

WNSR has announced it has entered into a three-year partnership with Tennessee State University to become the radio flagship of the Nashville college.

“This collaboration with TSU perfectly aligns with our mission to provide Nashville sports fans with top-quality coverage,” WNSR Operations Manager Adam Johnson told The Tennessean. “We are committed to showcasing the exceptional talent and dedication of TSU athletes, and we are honored to become the radio home for Tiger football. Through this partnership, we aim to elevate the game day experience for all TSU fans and foster a deeper connection between the radio station and the North Nashville community.”

Greg Pogue, host of WNSR’s The Greg Pogue and Jon Burton Show in mid-mornings, will continue as the radio voice of the university’s football and men’s basketball broadcasts. He will be joined by former Tennessee Titans wide receiver Chris Sanders for football, and Albert Dawson will serve as color commentator during the basketball season. Johnson will serve as the executive producer for the broadcasts.

Additionally, coaches shows featuring football coach Eddie George and basketball coach Brian “Penny” Collins will be heard on the station during their respective seasons.

“We are thrilled to return to WNSR, one of the founding stations for TSU Athletics,” said TSU athletics director Mikki Allen. “The profound significance that WNSR will bring to our football and basketball games will undoubtedly be cherished by our devoted fans.”

Tennessee State broadcasts were previously heard on Cromwell Media-owned 94.9 The Fan. The addition of the Tigers to WNSR replaces Vanderbilt baseball and women’s basketball broadcasts that had previously been heard on the station. Earlier this year, it was announced that Vanderbilt baseball would move to 102.5/106.3 The Game, while the University’s women’s basketball games would be heard on 94.9 The Fan.

3 ABC Audio Executives Laid Off During Disney Downsizing

0

A trio of ABC Audio executives have departed as part of The Walt Disney Company’s ongoing layoffs.

Heidi Oringer, the Executive Director of ABC Audio exited on Friday. She had been with the organization for 23 years.

Joining Oringer were Ryan Kessler and Matt Wolfe. Kessler had been at ABC Audio since 1999 and was the Manager of Content Integration. He led ABC News Radio’s Edward R. Murrow Award-winning special events team. Wolfe was an entertainment contributor and senior producer with the division, according to a report from Inside Radio.

The news of the executives’ departures coincided with layoffs from ESPN Radio, also owned and operated by Disney. Three full-time hosts exited Friday as the company looks to eliminate 7,000 jobs in an effort to save $5.5 billion.

Additionally, an announcement from Skyview Networks recently shared that it would cease distributing ABC Audio — including ABC News Radio — when the calendar year ends. The two had a business relationship dating back 10 years.

Twitter Limiting TweetDeck Use to Only Verified Accounts

0

Twitter is implementing a new change that has caused controversy. Only verified users will have access to TweetDeck, a dashboard allowing users to organize and monitor the accounts they follow. Businesses and media organizations often use this feature to manage and track different feeds. The platform announced this update on Monday.

The change will take place next month and was initiated by billionaire owner Elon Musk, who took over the company last year. Despite some users protesting the changes, he has been seeking to add revenue streams to the platform.

Musk recently launched a new feature on Twitter Blue, offering a blue check mark to its subscribers.

Additionally, he announced temporary limits on Twitter reading, allowing verified users to read up to 10,000 tweets per day, while unverified accounts are limited to 1,000 and new unverified accounts to 500. Musk cited “extreme levels of data scraping & system manipulation” as the reason for this limitation, but it’s yet to be confirmed. The announcement of TweetDeck paywall followed shortly after.

A tweet announced that users must become Verified within 30 days to use TweetDeck. Some users had experienced issues with the old version of TweetDeck after reading limits were implemented by Musk. Twitter seemed to limit access to its platform for those not logged into an account.

The company announced on Twitter that they are launching a better version of TweetDeck. They assured users that all saved searches, lists, and columns would transfer to the new site. Twitter experienced a loss of advertisers during Musk’s leadership.

Meet the Market Managers: Chad Boeger, Union Broadcasting Kansas City

And so we come to the end of another season of Meet the Market Managers. The final conversation in our series presented by Point to Point Marketing is with Chad Boeger of Union Broadcasting.

Union is based in Kansas City, but also operates sports talk stations in Wichita and Louisville. Boeger has used lessons learned in each building to grow business in the others. He and the company have been pretty successful do, demonstrated by the fact that there isn’t a lot of turnover at his stations.

In our conversation, we discuss the company’s significant investment in digital content and advertising, why there is still an advantage an AM signal has over an app and the value of high school sports as a marketing tool.

Demetri Ravanos: How much turnover is there in your company? I don’t recall ever seeing a lot of job openings posted there. 

Chad Boeger: We’ve been very consistent. I mean for 20 years, I think I’ve been here. For the most part, those years, you know, a lot of people will come to the company and stay. We have a veteran group.                      

We always try to continue to add and expand. We have added several pieces, whether it’s salespeople or reporters or digital and social content managers, things like that. So we’re definitely expanding, but we haven’t had a lot of people leave the company over the years. 

DR: You hit on the social side of things. As clients have started to better understand the value of advertising and having a presence both digitally and on social platforms in general, has it changed the way you utilize your staff at all? Have positions or responsibilities changed to reflect those needs? 

CB: You know, our company at one point was radio. That’s what we did, and as most companies have, we have too. Radio is still an extremely important part of what we do, but we have expanded in a lot of different directions. This is no longer a radio company, but a media company.              

I’ll give you some examples. We expanded to where we just opened up a brand new video facility. It’s about 2500 square feet. It’s a whole separate property, but it’s another part of our business. So we have video space. We have two podcast studios. We can do television commercials. We do social posts for companies. It’s all part of the expansion project. 

DR: People consume your content through all sorts of different means. I do have to ask you about the fight to keep AM radio in new car models because WHB, as on-air product is only on the AM dial. Have you devoted time and resources to figuring that out or is the messaging more “you can get the same content through the app?” What do you want listeners to know? 

CB: It is important for AM to continue to stay in vehicles. So we’re 100% behind that. I think you are seeing that some of those listeners are moving from the radio to listening online or listening to podcasts or whatever it may be.                 

But, you know, our signal is 50,000 watts. It covers 43,000 square miles in portions of five states. We hit a massive amount of people throughout the states of Kansas and Missouri. So keeping that easy to access in the car is very important to us. 

DR: The last one of these I did was with Chris Soechtig, who runs IHeartMedia’s cluster down in Tampa. He was talking about being the Buccaneers’ flagship stations and that it’s really is more of a marketing kind of play for them – getting to go out and say that their sports station is the Buccaneers’ station opens some doors with advertisers and then with the rock station being the flagship, that leads to better ratings.                   

One thing that strikes me excuse me as I look at your site is you guys pretty prominently featured that link to the 810 Varsity site. When you are doing so much advertising with local businesses, how important is it to be able to show off something like that to show how invested you are in the Kansas City community? I would imagine that high school sports in that area are maybe a different, but perhaps a just as effective marketing tool for you. 

CB: I think people know that we’re locally owned and operated, and that goes so far because people know how much we are part of the community. They look to us not only for sports news, but to be a leader within the community.

Our organization works with hundreds of charities throughout the year. There’s not a week that goes by that we’re not part of or promoting some philanthropic endeavor. It could be a golf tournament, a run, an event, or one of our personalities hosting something. There was a boxing match last week between firefighters and police officers and our morning show host, Steven St. John was the ring announcer and came in wearing the gear and was hosting that event. So, you know, from a from a community standpoint and us being involved was was was vital for our organization and something we put quite a bit into, not only through our on air product but through our staff.                   

From a high school standpoint, we started our high school game of the week back in 1998. We’ve always tried to get around the market to a number of different areas. 810 Varsity is just an extension of something we try to do.  We’re partners with that organization, too. We have live broadcast, we have video of up to 15 games a week, and we do pre and postgame hits on the radio. But it’s also something where, if a viewer can’t get to a game, if they have family members playing in the game but they live in another city, they can watch it. They can see the stream.                    

There’s quite a bit that we do from all angles. Being a community station is something we’ve always put one of our highest priorities on. 

DR: When you have a reputation for being a part of the community in that way, I know this is sort of an old-school stereotype of sports radio, but I do wonder if you ever still as the GM are fielding calls about hosts being too negative. Obviously, that isn’t a concern with the Chiefs now, but given how much of your business is about Kansas City, have you seen that listeners, at times, expect the station to be more of a cheerleader than a news and commentary outlet?

CB: I think that’s the opposite with us. I think people that want the news and they want to know what’s going on. We’ve always tried to make you think about everything that’s going on within the sports world. We’re going to give you the news and try to get be first, but more than first, accurate.               

We make sure we cover the teams the way they need to be covered, whether that’s positive, negative, or indifferent. But it is news, and so we make sure we’re covering every event we need to be at. If it’s a Super Bowl, we’re all over the Super Bowl or the Final Four or, next week, you know, it’s Big 12 Media Days or the American Century Championship Golf Classic will be there. We’re covering all events that have Kansas City storylines.                 

We’re not the cheerleader. We’re definitely not. We’re going to go ahead and cover it the way we need to cover it, and that’s the way the listener wants us to do it. 

DR: What is your perception of the hierarchy of what the listeners want in Kansas City? I would imagine right now the Chiefs are on top, but after that is it KU? Is it the Royals? After the Chiefs, where do the majority of eyes and ears go?

CB: Well, no question that the Chiefs coverage is enormous. I’ve never seen it like it is for the past five years.                 

Football is definitely the dominant product. After that, I think obviously people are passionate about the Royals, but the Royals have struggled. Where conversation at this time of the year you’d hope would be about baseball, it has sort of turned into ‘Is there going to be a new baseball stadium?’ and where it is going to go.                    

The owner of the Royals had a press conference about that topic. It was not necessarily solely about the new stadium, but it turned into a conversation about the new stadium. So I would say, you know, after the Chiefs and football in general, you’re kind of coming into the local schools here in this area – Kansas, Kansas State of Missouri. That’s both football and basketball. Then you do have Sporting Kansas City and the Kansas City Current. You know there are a lot of minor league teams in Kansas Cit too. I would say the hierarchy obviously is Chiefs head and shoulders at the top. Then you have the colleges and Royals and then Sporting. 

DR: The teams in Missouri obviously are very active in trying to get sports betting legalized. What about media outlets? Certainly being on the Kansas border, you can speak to the economic impact it has on your business and what it could do for others in Missouri. 

CB: We experienced it in the state of Kansas last year and it was an influx of business for us through a number of different sportsbooks. Obviously, at some point, we feel Missouri is going to legalize it. We’ve seen it in Louisville with our stations there. Indiana had passed it several years ago. There was an impact. It wasn’t nearly like what we’ve seen here in Kansas City.                  

The state of Kentucky just passed it. It’s going to roll out we think is pretty similar to how it did here in the state of Kansas to where you’ll be able to place bets on games in time for football season. I think that’s going to have an enormous impact on on on business with quite a few sportsbooks in that market.                    

We haven’t been asked to advocate at all. Our job is to anticipate and prepare.

Stephen A. Smith on ESPN Layoffs: I Could Be Next

0

ESPN’s recent layoffs have created a ton of conversation across the media industry. So much so that one of the network’s top stars felt it was important to weigh in on what transpired.

On his podcast The Stephen A. Smith Show, Smith talked about the number of on-camera personalities he considered friends losing their jobs. He said the cuts were long-anticipated.

“When Disney announced that 7,000 layoffs were coming, everybody associated with ESPN knew this day would arrive,” Stephen A. said. “Folks as individuals were just hoping it wasn’t them.”

Stephen A. recognized NBA contributor Jalen Rose for doing an outstanding job covering the league for the network. He did the same for Jeff Van Gundy, adding that he considered him a hall of fame analyst who wouldn’t be out of work very long.

After offering praise for Keyshawn Johnson, a friend of his for 20 years, Smith talked about his former First Take partner Max Kellerman. He said the way the two worked together on First Take is well-documented, but he has no ill-will towards Kellerman.

“I am not happy that he is gone. We all know what history we had,” Smith said. “We all know what happened with he and I parting ways on First Take. I don’t want the brother unemployed. I want the brother gainfully employed.”

“Although I sincerely doubt he ever will, if he ever called me needing my help, I would not hesitate to help him,” Stephen A. added. “Just because I don’t want to work with you directly in a debate show doesn’t mean I couldn’t have worked with him covering a boxing match or doing a SportsCenter segment.”

While this latest round of layoffs is a bit shocking, Stephen A. circled back to the fact that he may not be safe either.

“This ain’t the end. More is coming. And yes, ladies and gentlemen, I could be next,” he said. “Let me tell you something. Don’t ever, ever, ever in your life as a Black person, take anything for granted.”

“My eyes are always wide open. I’m never comfortable,” he continued. “I never take anything for granted, and I never assume that I am safe. And First Take‘s number one and been number one for 11 and a half plus years.”

Stephen A. did have a message for the haters who questioned why ESPN let certain personalities go and allowed him to stay.

“Y’all can kiss my ass twice. And I’m talking directly to the people in the industry who’ve sat up there and said, ‘Why isn’t Stephen A. gone?. Ladies and gentlemen, we got a few people at ESPN getting paid more than me. They don’t have the number one show. They don’t have the top ratings. They don’t generate more revenue. How come y’all didn’t bring their names up? And by the way none of them are black. How come you didn’t bring their names up? I wonder why!”

But not ruling out that he could be let go in the future, Smith said people shouldn’t get mad at the company making a business decision.

“You shouldn’t blame Disney, and you shouldn’t blame ESPN,” Smith remarked. “This isn’t some corporate lackey taking the whole corporate line. I’m paying attention, and I’m reading the tea leaves and I’m telling you what it is. You can either listen or not.”

“It’s a numbers game. It’s about revenue and ratings. Revenue being paramount at Disney. Why? COVID-19, ladies and gentlemen,”

He further explained, “Don’t you remember the parks being closed? You don’t know how much money is generated from the parks in Anaheim and Florida and France and Shanghai, Tokyo. COVID-19, the coronavirus pandemic, was not just in the United States of America. It was worldwide. Do you have any idea how much money was lost?”

Stephen A. finished by acknowledging that Disney is still trying to climb out of a financial hole. He pointed out that billions of lost dollars can’t be made up overnight.

“If Disney didn’t lose five and a half billion dollars, Jeff Van Gundy wouldn’t be gone,” he said. “David Pollack wouldn’t be gone. Todd McShay, Jalen Rose, and Neil Everett and others wouldn’t be gone. More cuts wouldn’t be on the way.”

“Following the cuts behind the scenes, I didn’t bring up the producers and the editors, and all these wonderful people that I work with that lost their jobs,” he added. “Or those who are still there that are worried as hell that they’re going to lose theirs. Because they see the climate.”

Gene Wojciechowski Exits ESPN

0

Longtime ESPN reporter Gene Wojciechowski is no longer with the network. Wojciechowski revealed on Monday that his final day with The Worldwide Leader was on June 30.

Wojciechowski becomes yet another one of several well-known talents across the network to be sent packing. Names like Max Kellerman, Suzy Kolber, Jalen Rose, Keyshawn Johnson and Todd McShay were just a few who were notified they were either being let go or their contracts were not being renewed.

ESPN parent company Disney has laid off 7,000 employees in recent months in cost-cutting measures.

Wojciechowski had contributed to shows like College GameDay, SportsCenter, SC Featured and other projects at the network. His primary coverage areas included college football and golf. He had been with ESPN in a full-time capacity since 1997.

Game Theory with Bomani Jones Canceled By HBO After Two Seasons

0

HBO is cancelling Game Theory with Bomani Jones. The show lasted just two seasons.

Game Theory debuted on HBO in March 2022, with episodes airing after Last Week Tonight with John Oliver. When season two arrived, the network aired the show after episodes of Real Time with Bill Maher.

Low viewership was said to be the driving factor for the program not being picked up for a third season according to Outkick. Though the show may not remain part of HBO’s programming schedule, Jones is expected to continue hosting his podcast for ESPN.

HBO has made numerous attempts to lure sports fans to the network for talk shows to no avail. Bill Simmons, Joe Buck, Bob Costas, and now Jones, have all hosted shows for HBO that ultimately were discontinued.