Tag Archives: Steve Newberry

Reflecting on Radio Show 2016

60The radio show was close to home this year, just down the road from my university, in Music City USA, Nashville, Tennessee. Plus, the Tennessee Association of Broadcasters decided to roll their annual convention into an opening event at the Radio Show. So as soon as I finished my morning class, I was on the road to Nashville.

Tennessee Association of Broadcasters Kick-off

Whit Adamson, President/CEO of the TAB, put together an amazing opening reception and event inside the Country Music Hall of Fame. We were welcomed by TN Governor Bill Haslam who declared it “Radio Week” in the State of Tennessee. Then the Mayor of Nashville, Megan Barry, gave us a warm welcome to Nashville where she declared it “Radio Week” in Music City. The “red carpet” was fully rolled out for the radio industry and attendance would set a new record for the Radio Show.

Pillsbury’s Broadcast Finance Forecast Leadership Breakfast

The good news is radio is the “King of Audio.” The bad news is that revenue growth for radio underperformed ad spending post-recession. Radio’s 7% share of all advertising is predicted to decline to 6% by 2019. Why? Digital ad spend will grow significantly (40%) by 2019. And radio will struggle to reach mobile users.

The big takeaways from this session were: Investors want to see new growth catalysts like NextRadio, more event revenue and growth in digital/mobile ad revenues. Investors want no more than 3 to 4 times leverage with more industry consolidation. All of this investors feel will yield more “free cash flow.”

Investors worry about audience fragmentation and Millennial reach, radio’s competition in the car dashboard, the challenges coming from digital/internet, continued uncertainty over royalties and excessive leverage.

Focusing on Your Career Future

The room here was filled with young people. Radio mentors from all areas (except engineering) met with tables full of students and recent graduates to talk about the many opportunities available in today’s radio industry. The mood was once of excitement and enthusiasm.

Brittney Quarles and John Focke both would share their personal radio journeys with students as they shared advice such as: “the industry is small, don’t burn any bridges” and “find a champion for you and your talents” and “be careful who you share your dreams with.” The right mentors are essential to your career.

Beyond Basics – The Prosperous, Professional You

John Bates, Elizabeth Burton and Heather Monahan led a session in how to reach beyond your limits and build a better “Brand You.”

John Bates shared “3 ways to inspire and connect”: 1) logic is not the way, 2) human eyes connect you to another person and 3) be authentic. For example, people don’t connect with your successes, but your messes. You message is your mess. But above all else, “Make A Difference.”

Elizabeth Burton drilled down the importance of your online brand and that today your online activities build your reputation.

Heather Monahan told us that people take only 10-seconds to make an opinion about you when they first meet you. 50% of communication is nonverbal and your attitude is everything. And if you want to know what your personal brand is, ask others this question: “What value do I bring to you?”

The Digital Dash – Improving the Consumer Experience

Fred Jacobs, Steve Newberry and Scott Burnell (from Ford) all shared their perspective on radio in the car. The first big thing is car manufacturers don’t call it a radio in the dash anymore (and probably haven’t for some time) but “the center stack.” Into this part of the dashboard, everything a car owner wants can be accessed.

Steve Newberry (former NAB joint board chairman) really brought the whole issue home with his analysis of the technology revolution by saying there are two kinds of events: disruptive and modifying. Disruptive events would be things like television and FM radio. Modifying events would be things like cassette tapes, CDs and MP3s. Disruptive events change the landscape and prevent an entity from doing things the way they’ve always been done. Television stole radio’s programming and added pictures and radio had to reinvent itself with new kinds of programs. Modifying events such as records being replaced by cassettes and 8-track tape, then CDs replacing both of those to be replaced by MP3s merely modified the way people listened to their own music libraries but not how they used radio. The new digital/internet connected world is a disruptive event and radio needs to once again adapt to this revolution in communication. The future is bright if radio is agile and adapts.

Perception vs. Reality – The True Power of Radio

My first Arbitron rep was Pierre Bouvard. He’s a fountain of information. His presentation on “7 Things Brands Have Completely Wrong About Radio” tells the story in great detail and shows the challenges faced by radio sales people today.

Podcasting

Steve Goldstein did an amazing presentation on podcasting by starting out with this Thomas Edison quote from 1922 “The radio craze will die out in time.”

Today mobile is eating the world. 20% of audio listening comes from the smartphone. For radio, podcasting is all about retention, growth and relevance.

Podcasting is no longer niche. It delivers the demos advertisers want. Podcasting is different than broadcasting. There’s money to be made in podcasting and radio has the perfect megaphone to promote podcasts to its audience. That’s radio’s “secret sauce” that podcasters wish they had access to.

Radio – The Local Media Company of the Future

Gordon Borrell and his research company are doing some incredible studies on the future of advertising. He immediately got the audience’s attention when he said in the last ten years $56 Billion has disappeared in advertising expenditures.

Banner ads are dead. But digital is not.

Local advertising growth is forecast to increase 7.6%, but non-digital will see a 6.9% decline in ad spend and digital will see a 22.4% increase in ad spend. In fact, 2017 is the year that digital advertising will eclipse all traditional media.

Borrell said when advertisers cut ad spend in one medium they spend it in another medium. Radio will continue to be bought, but only those stations who have well-trained representatives that understand the realities of today’s advertising and can put together a total marketing plan that goes beyond simply radio spots. Advertisers will partner with any media company who has reps that listen.

The good news is traditional media – like radio – is still necessary to drive digital advertising goals and deliver maximum digital R.O.I. (Return On Investment).  You can see Gordon’s full PowerPoint deck here.

Final Thought

The mood in the halls and in the sessions at this year’s Radio Show was very upbeat. The things being discussed and presented did not shy away from the realities all ad supported media face.

Anyone who attended came away with lots of action steps that need to be implemented immediately.

Radio currently is the #1 Reach & Frequency medium in the United States of America.

There’s no time to waste. It’s time to roll up our sleeves and “Make A Difference.”

Radio’s future depends on it.

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Paying It Forward

47The picture on the left is of the 2016 KBA WKU RADIO TALENT INSTITUTE class. These twenty-three outstanding students all earned their Radio Marketing Professional (RMP) certification in radio sales from the Radio Advertising Bureau during the ten-day institute.

I began working with Steve Newberry, former NAB Joint Board Chairman and President/CEO of Commonwealth Broadcasting to bring the talent institute to my university in 2012. Our first class would graduate in 2013. The 2016 institute marks my fourth and last one as director at WKU. It truly has been the university activity I’m most proud of.

The whole concept of a radio talent institute was conceived by Dan Vallie and Art Kellar. I wrote more extensively about the program in Radio World and you can read that article here.

Working with Dan Vallie over these past five years has been an incredible experience. No one is more dedicated to “paying it forward” to the next generations than Dan. He has boundless energy and has grown the number of talent institutes in America to five.

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Expect more radio industry leaders like Kerby Confer and Ginny Hubbard’s Hubbard Broadcasting along with state broadcast associations like the Kentucky Broadcasters Association and the Georgia Association of Broadcasters to sponsor even more locations in the years ahead.

Some of the industry professionals that presented at this year’s institute in Kentucky were Kristin Cantrell-owner/CEO of CapCities Communications and Seven Mountains Media, Mike Keith-the voice of the Tennessee Titans, Christine Hillard-President/COO of Forever Communications, Steve Newberry-President/CEO of Commonwealth Broadcasting, John Ivey-Senior Vice President of Programming iHeartMedia and Program Director of KIIS-FM in Los Angeles, Don Anthony-Publisher, Morning Mouth & Jockline, Creator & Host of Morning Show Boot Camp and Founder & President of Talent Masters, Gary Moore-Air Talent at KLOS in Los Angeles, Bryan Sargent, PM Drive Air Talent at Mix 92.9 in Nashville, John Shomby-Director of Programming at NASH-FM & Charlie Cook-VP/Country at Cumulus Media, Lynn Martin-President of LM Communications, Terry Forcht-Founder, Chairman & CEO of the Forcht Group of Kentucky (a company with 2,400 employees) along with the Presidents of both the Tennessee Association of Broadcasters, Whit Adamson and the Kentucky Broadcasters Association, Henry Lackey.

Thirty-six professional radio broadcasters, two of whom have been awarded the National Radio Award – the highest honor bestowed on a radio broadcaster – by the National Association of Broadcasters shared their passion and performance knowledge.

Every student that has gone through the program has told me it has been the best ten-days of their life and as the director these past four years; I know it has been for me as well.

If you know a student that wants to get into broadcasting, point them in the direction of the National Radio Talent System website  for more information, applications forms, scholarships and the dates/location of the institute nearest to them. Students who apply are thoroughly vetted for acceptance in the program.

Broadcasters looking for air talent, sales talent; digital and video talent should also go to the National Radio Talent System website for a complete listing of graduates that have gone through the program. There they will find each student’s bio and a sample of their on-air work.

I know Dan Vallie is already hard at work on the 2017 radio talent institutes. The radio industry is truly fortunate to have someone of Dan’s vision and action in establishing this innovative radio talent farm system for broadcasters.

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Dan Vallie

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The KBA WKU Radio Talent Institute

KBA WKU NRTS LogoOn Monday, July 20, 2015 we will be kicking off the 3rd annual KBA WKU Radio Talent Institute on the campus of Western Kentucky University at the School of Journalism & Broadcasting’s Mass Media & Technology Hall.

Students apply for and are accepted into the institute that comprises ten intensive days of instruction on all things radio. Taught by 38 radio professionals, whom are the best in the business in their area of specialization in the field of radio.

This year the President/CEO of the Radio Advertising Bureau, Erica Farber, will be one of those professionals. Farber leads radio’s advocacy efforts by helping to drive business, grow advertising revenue and communicate radio’s digital transition.

We’re excited to have Erica join us this year, as a major component of the institute is radio sales. Each student will study the modules of the Radio Marketing Professional program taught by radio sales management professionals. Students take the RMP certification exam at the end of the first week.

The KBA WKU Radio Talent Institute has not one, but two National Radio Award recipients who teach each summer at WKU: Steve Newberry, President/CEO of Commonwealth Broadcasting Corporation and Bud Walters, President/Owner of Cromwell Radio Group.

Broadcasters embrace and see the importance of bringing young talent into the industry and see the institute as a talent incubator.

Radio is the #1 REACH MEDIUM in the United States today, beating TV, online and smartphones according to Nielsen.

So this is an exciting program for both students and broadcasters.

I wrote more extensively about the program in Radio World and you can read that article here: http://www.nxtbook.com/nxtbooks/newbay/rw_20150520/index.php#/18

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