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Three hip-hop-connected podcasts – 50 Years of Hip-Hop, Can You Dig It?: A Hip-Hop Origin Story with Chuck D and Questlove Supreme – are nominated for podcast of the year at the 2024 Ambie Awards.
The other nominees in that category are Embedded: Taking Cover, Exposed: Cover-Up at Columbia University, Ghost Story, Next Year in Moscow, Post Reports: The Empty Grave of Comrade Bishop, Slow Burn: Becoming Justice Thomas and The Very Worst Thing that Could Possibly Happen. The latter podcast led all nominees with five nominations.

Questlove Supreme is also nominated for best music podcast at the 2024 iHeartPodcast Awards. Those nominations were announced on Feb. 7.

Trending on Billboard

The fourth annual Awards for Excellence in Audio (The Ambies) will take place on Tuesday, March 26 at the JW Marriott LA Live Los Angeles.

The ceremony will highlight 192 nominees across 27 categories with winners to be selected by voting members of The Podcast Academy (TPA), a not-for-profit professional membership organization that celebrates excellence in podcasting.

A Governors Award and an Impact Award will also be presented at the March 26 event. Eligible new members will be able to vote to determine this year’s winners if applications are submitted by Feb. 19. For more information about joining, go here.

“On behalf of The Podcast Academy, we congratulate all of this year’s remarkable nominees that have graced the podcasting world,” Donald Albright, chairperson of TPA said in a statement. “They embody the essence of excellence in audio storytelling, captivating audiences with their creativity, passion, and dedication.”

Here are the nominees in selected categories at the 2024 Ambie Awards.

Podcast of the year

50 Years of Hip-Hop

Can You Dig It?: A Hip-Hop Origin Story with Chuck D

Embedded: Taking Cover

Exposed: Cover-Up at Columbia University

Ghost Story

Next Year in Moscow

Questlove Supreme

Post Reports: The Empty Grave of Comrade Bishop

Slow Burn: Becoming Justice Thomas

The Very Worst Thing that Could Possibly Happen

Best entertainment podcast (sponsored by The Hollywood Reporter)

50 Years of Hip-Hop

Creative Control

Films to Be Buried With Brett Goldstein

HBO’s The Last of Us Podcast

Movies vs. Capitalism

MUBI Podcast

Women of Marvel

Best interview podcast

Alexi Lalas’ State of the Union Podcast

Apple News in Conversation

On Purpose with Jay Shetty

Questlove Supreme

The Skinny Confidential

Wiser Than Me with Julia Louis-Dreyfus

Your Mama’s Kitchen

Best society and culture podcast

Can You Dig It?: A Hip-Hop Origin Story with Chuck D

Dear Alana,

Dynamite Doug

Exposed: Cover-Up at Columbia University

ROS Presents: Roughhousing

The Story Exchange

Weight For It

Best original score and music supervision

Calm it Down – Chad Lawson

Can You Dig It?: A Hip-Hop Origin Story with Chuck D – Bryan Master

Louder Than a Riot – Suzi Analogue, Kassa Overall, and Ramtin Arablouei

Next Year in Moscow

Othello – Lindsay Jones

The Cat in the Hat Cast – Jack Mitchell

The Very Worst Thing That Could Possibly Happen – Alex Kemp

Since LiveOne announced plans to acquire Kast Media in May, CEO Rob Ellin has not budged on his offer to compensate the podcasters to whom Kast owes millions of dollars. Ellin’s best offer: one-third of the money Kast Media owes them in cash, one-third of what they are owed in promissory notes to be paid over two years and one-third of what they are owed in stock from LiveOne subsidiary PodcastOne. In exchange, the podcasters must sign a multi-year agreement with PodcastOne and agree to reduce their cut of ad sales from 80% to as low as 60%.

“We’ve spoken to every podcaster. We’ve offered really fair deals — equity in our IPO to help them,” Ellin told Podcast Business Journal on Aug. 11. (Technically PodcastOne wasn’t actually going public via IPO, but making its shares available through a direct listing on the NASDAQ.) Podcasters had a tough choice ahead, Ellin explained — dig in their heels or take the settlement offer. “No other platform is going to pay them for the past,” he said. “They’re only going to work with them in the future.”

PodcastOne and its parent company LiveOne were, however, willing to pay at least one podcaster what Kast owes them in full — even if it meant taking out a high interest loan. Records obtained by Billboard show that in early August, LiveOne borrowed $1.7 million from CapChase, an online bank based in Madrid. That money, Billboard confirmed, was borrowed to pay UFC fighter-turned-podcaster Brendan Schaub what he was owed by Kast Media, the Los Angeles-based podcast company launched in 2016 by founder and CEO Colin Thomson. Kast Media, like PodcastOne, is a podcast network that provides a variety of services to podcast creators like production assistance, show distribution and, most commonly, advertising sales. Among its top shows are Logan Paul’s Impaulsive and Theo Von’s This Past Weekend.

In February, Schaub and other podcasters noticed that Kast’s payments on advertising money were becoming irregular, before falling off all together by the end of the month. By August, Kast Media owed Schaub, an accomplished podcaster with three successful shows – the Golden Hour, The Fighter and the Kid and the Brendan Schaub show – a whopping $1.6 million in unpaid revenue. A month later, Schaub and his co-host Bryan Callen announced on the Fighter and the Kid podcast that they were leaving Kast Media and joining PodcastOne.

“Brendan spoke to a number of agencies, and the company that gave us the best deal when we were out this money was a company called PodcastOne,” Callen said at the time. “PodcastOne has been the agents of a lot of people we know, and they have been very happy with them.”

A rep for Schaub declined to comment for this story. LiveOne did not respond to requests for comment.

After announcing LiveOne’s plans to acquire Kast Media in May, Ellin revealed that the deal would only close if 70% of Kast’s podcasters would join LiveOne under the proposed settlement terms. To date, PodcastOne has not announced the closing of the Kast Media acquisition. On Sept. 8, the day PodcastOne was listed on the NASDAQ, LiveOne released a statement increasing its revenue and earnings guidance for the year that included Kast Media’s revenue and adjusted earnings and assumed “the previously announced Kast Media” acquisition “would have taken place at the start of the fiscal year,” which is April 1, 2024. On Wednesday (Sept. 27), LiveOne issued a press release saying that it “reiterates” its previous revenue guidance.

That reiteration has not helped the company’s share price. In July, ValueScope, a third-party valuation firm hired by parent company LiveOne, valued PodcastOne between $230 million and $275 million, which came out to $8 to $12 per share, a valuation Ellin had hyped to podcasters considering joining PodcastOne.

That estimate ended up being overly optimistic — PodcastOne’s share price immediately dropped 46% after being listed on the NASDAQ and has since tumbled even further. Three weeks after being listed on the NASDAQ, the stock closed Tuesday at $1.91 per share with a $45 million market capitalization, a drop of more than 80% after less than three weeks of trading.

“I hope this serves as a wakeup call for creators, because long-term, they’re much better off doing everything themselves – they don’t need these big podcast networks,” says Bryan Last, president of Arcadian Vanguard and the on-air co-host of The Jim Cornette Experience and Jim Cornette’s Drive-Thru. While Arcadian Vanguard produces each episode, it started contracting its advertising sales to Kast Media in 2018, in 2023 it brought sales back inhouse.

“Any service a network offers, most podcasters can do themselves,” he tells Billboard. “When their model puts an entire community of creators at risk, there’s obviously something wrong with the model.”

The All Access Audio Summit 2023 began Wednesday, April 26, and ran through Friday, April 28. Bringing together leaders in radio, podcasting, production and more, the virtual convention sparked conversation aimed at optimizing the impact of audio in multiple commercial forms.

Here’s a rundown of highlights from the gathering’s third day, when panels were introduced by YEA Networks’ syndicated host Tino Cochino, who aptly summarized the event as “a whole lot of learning, and catching vibes.”

‘We’re for the Masses’

All Access president and publisher Joel Denver opened the day with a conversation with Dave Milner, Cumulus Media president of operations.

“There’s no silver bullet” to successful radio, Milner mused. “It comes down to great local content, and making sure that content is available in multiple platforms. We have to be available any which way people listen to audio. If you put out good content, they will find it and consume it.

“Individuals are spending more time with audio – the pandemic stretched that,” Milner said. “Whether podcast, streaming or broadcast, people want audio.”

Milner also discussed one of the summit’s recurring topics: artificial intelligence. “There’s going to be a place for it,” he said. “It provides opportunities, from writing copy to traffic reports … weather reports … promotions. I have a hard time thinking it will replace any prime-time, personality-based radio.”

Milner cited a recent episode of SiriusXM’s Friday Night Freak-Out With Drew Carey that surreptitiously used AI. “I violated a rule from Radio 101,” Carey subsequently confessed, adding, “The reason treasured radio stations still make money is because people like the personality of the DJs.”

“You can’t replace that human touch, that soul, that connection with the audience,” Milner said.

Milner additionally touched upon another of the summit’s most prominent angles: finding and nurturing future talent. “The biggest thing we can control is how we mentor,” he said. “We’ve had a couple models where we’ve been able to take the third, fourth, fifth people on a morning show and given them an opportunity to have a more singular voice,” as hosts of their own shifts in different dayparts. “It’s helped them grow, and helped the station cross-pollinate and create a more contiguous audience across the station.”

As for fostering hits, “Radio is not the new music discovery place it used to be,” noted Denver, as streaming services have sliced into that share. “They can go deeper than we do,” Milner conceded of DSPs. “We’re more of a mainstream box store – we’re for the masses. It’s harder for us to take chances on a music level. We’ve got to deliver for all people. But on a day-to-day basis, we have the ability to out-local them all day long. Personalities live in communities – that is something the DSPs will never be able to do in an effective way. They’re trying … they know that’s our advantage.”

Atlanta ‘Radio United’

“You have to be in the daily conversation with your audience,” said Jimmy Steal, vp of branding and content for Hubbard Broadcasting’s WMTX and WSHE Chicago, in the day’s second session.

The discussion led to a rare, but rewarding, occurrence in radio: competing stations working together for a common cause, specifically one spearheaded by panelist Terri Avery, director of branding and programming for Cox Media Group’s WALR Atlanta. In late 2022, Avery helmed Black Radio United for the Vote, encouraging listeners to vote in the then-pending run-off election between U.S. Senator Raphael Wornock (the eventual winner) and challenger Herschel Walker. The initiative – among 11 Atlanta area radio stations – helped prospective voters check their voting status, be informed about requirements for in-person voting, get acquainted with a sample ballot and more.

That Avery could create harmony among so many stations in the same market prompted the session’s panel to agree that she herself “should run for Congress.”

Trolling the Trolls

An All Access Audio Summit panel about social media, led by moderator Lori Lewis, president of marketing firm Lori Lewis Media, had fun taking on trolls.

“They’re just looking for attention,” said Jamien “Melz on the Mic” Green, brand manager and afternoon host at Townsquare Media’s KISX Tyler, Texas. “They’re looking to feel something.” His playful strategy: “I’m gonna give you a rise back!”

His favorite online agitators? Those who take the time to craft an intricate post explaining … that they don’t care about your show. “You’ve helped my algorithm with your comment,” he noted.

Ultimately, he believes in the benefits of social media for radio. “You can lure in one listener at a time,” he said. “It’s free promo.”

Podcasting & Talk Radio (& Cheez-Its)

All Access vp of news, talk, sports and podcasting Perry Michael Simon chatted with Steven Goldstein, CEO of Amplifi Media. “We’re at a third of Americans listening to podcasts weekly – just under 90 million people,” Goldstein said. “I think that’s a giant success.”

Meanwhile, Todd Hollst, evening host on Cox Media Group’s talk station WHIO Dayton, Ohio, feels that the format doesn’t always need to be political-leaning. “There’s nonsense, serious moments … it’s not real-life, but it has that feel,” he said of his show, recapping a passion project of his combining fun and localism, and one not likely to stir a deep divide among listeners, depending on their stance on snacks: as Cheez-Its originated in Dayton in 1921, Hollst started a petition to build a statue in their honor. (No wonder he refers to himself as a wisecracker.)

VO & AI

Kelly “K3” Doherty, president and founder of Imaging House, posed one of the All Access Audio Summit’s most pointed questions, to voice-over and production specialists: Would you take a job recording AI, knowing it could ultimately result in a loss of further work?

“That’s a tough question,” pondered Scott Chambers, president of Scott Chambers VO. “Maybe, if my attorneys looked over the contract really well and I got residuals. The contract would have to be really good and lucrative.”

“I would probably prefer not to,” answered Donovan Corneetz, president of DonCo Productions. “I would not want to contribute to a tool to put me out of work. It wouldn’t serve the industry as a whole very well.”

Said Yinka Ladeinde, president of Yinka’s Voice, “I would like to say I would never do it. I would probably hold out until absolutely necessary.”

Doherty expressed caution that any recorded words could be stitched together to create audio considered offensive, or even incriminating, echoing the need for an airtight contract. Still, she noted that AI would be helpful when realizing a mistake had been made and the voice-over talent wasn’t subsequently available, or when copy is revised. “There are positives and negatives,” she said.

The panel also mused about its side of the business overall, and how sometimes factors are out of a talent’s control, regardless of how well a job is performed. Corneetz recalled once losing out on a gig because, he was later told about a client, “you sound just like her ex-husband … whom she hates.”

‘Our Superpower Is Human Connection’

In the summit’s final session, participants looked to the future of audio, and radio specifically, with another focus on AI.

Thea Mitchem, executive vp of programming for iHeartMedia, stressed the need not to dismiss AI, remembering that, around Y2K, certain executives for whom she then worked didn’t seem concerned enough about the rise of digital audio; even at the time, she thought that they should’ve been. “Technology has always moved things,” she said. “I think all industries have to embrace technology.” Still, she said about radio, repeating a common theme over the convention’s three days, “I think our superpower is human connection. There’s a trust level there.”

Said Kurt Johnson, Townsquare Media senior vp of content, “The concern with AI is no one knows where it’s going, and it’s going really fast. Copyright is a big issue. Like everyone else, were learning very quicky. We’re very big at generating local content. AI could contribute to that, but our people are what make our content.”

Added Keith Hastings, brand content director of Hubbard Broadcasting’s WDRV Chicago, of AI, “With rights come responsibilities. With opportunities comes responsibility. We have to study it and be careful with it.”

Agreed Jeff Sottolano, Audacy executive vp of programming, “All of us have a responsibility to experiment with it. I think there’s a lot of upside. Ask ChatGPT to write a 30-second script and I think you’ll be impressed – it might get you 80% of the way there.”

Johnson summed up his optimism about radio going forward (pointing out that the company’s name reflects how air talents in every market “are the town square”). “What radio provides hasn’t changed,” he said. “When you combine multi-platform – digital, radio, live events – you’re going to find people of all age groups. We have powerful tools to do it – that’s the exciting thing.”

The All Access Audio Summit 2023 began Wednesday (April 26), and is set to run through Friday (April 28). Bringing together leaders in radio, podcasting and more, the virtual convention is sparking conversation aimed at optimizing the impact of audio in multiple commercial forms.

Here’s a rundown of highlights from the gathering’s first day (as panels were introduced by Premiere Networks host Angela Yee).

‘What in This Day and Age is Free?’

In the day’s first session, All Access president and publisher Joel Denver chatted with Ginny Morris, Hubbard Broadcasting chairman and CEO, who highlighted a radio air talent’s value as an “entertainer, informer and connector,” with “the ability to move an audience.”

Mused Morris, “Localism and local autonomy are key tenets of what we do. We’re adding local talent in every market we’re in. Without our talent, we’re just another ubiquitous commodity. Those [broadcasting companies] that are committed to talent seem to outlast those that aren’t. And we know we’re not alone, thankfully.”

Morris also touched on AM radio, amid news that the band will not be available in certain vehicles going forward, prompting U.S. Secretary of Transportation Pete Buttigieg to weigh in on AM’s “important role.”

“I think we’re a long way from it disappearing from cars,” Morris said. “I’m involved with the NAB to see to it that all of America has access to all the ways that we’ll provide service in case of an emergency: foreign-language programming… a local baseball or hockey game… or news.”

Denver and Morris also discussed the amount of commercials on radio – a challenge, obviously, that streaming services don’t face with paid subscribers. Per Denver, “We’ve been running radio the same way the last 50, 60, 70 years.” Morris conceded, “We have to make payroll and keep the lights on,” while pointing out that Hubbard stations limit hourly commercials to 12.

“I personally love commercials,” she said, citing financial benefits for both radio and advertisers. “I wish they were more entertaining. We’ve tried to work on our creative and commercial content – it works better for clients, and their business grows.”

Morris reinforced the century-plus history of radio’s “no-trial, no credit-card” model: “What [else] in this day and age is free?”

As for maintaining the medium’s overall place in audio, “Super-serve your local community,” she offered. “We’re making sure we’re earning our place in the lives of our listeners.”

‘Art and Science’

After Jacobs Media president Fred Jacobs presented the results of the company’s Techsurvey 2023, the newest edition of the spotlight on core radio listeners’ media consumption habits, a panel discussed streaming metrics and radio’s traditional reliance on callout research – and where the two meet.

Sean Ross, Ross on Radio editor, advised radio programmers to “listen to music” and “don’t let TikTok have it all,” when it comes to exposing rising songs. “Top 40 is too narrow” in its variety of sounds, he said. “I just don’t think TikTok should be the decider for everybody. It’s one great source, but I don’t think it should be everything.”

Mark Adams, iHeartMedia vp of CHR and program director of KIOI and KYLD San Francisco, echoed Morris’ view that radio, with its air talent, boasts an advantage over streaming. “Listeners are bombarded with choice,” he said. “We have the ability to curate a better experience. It’s about the content, stupid. Are we providing a companion-based music experience?”

The panel also featured Louie Diaz, Cumulus vp of top 40 and rhythmic formats; Alissa Pollack, iHeartMedia executive vp of global music marketing; and Amie Vaughan, 300/Elektra executive vp of promotion and streaming.

“Art and science,” Vaughan marveled. “What a great business we have.”

AI: ‘We Have To Be Careful How We Use It’

Tim Clarke, Audacy senior vp of audio content, led a panel that covered multiple topics, including mulling uncertainties “as we go through the forest with a machete” regarding artificial intelligence.

“The cons are pretty frightening,” admitted Jon Zellner, iHeartMedia president of programming operations, digital music, citing that AI could, among other downsides, lead to higher unemployment. He feels that AI’s most important risk to radio is that it jeopardizes “discovery, surprise, trust and companionship. There are ways we can use it, but it should never be at the expense of a human voice.”

Smith-Richards Collective partner Tim Richards believes that AI can be helpful during a public emergency if air talent is unavailable, by creating familiar-sounding and comforting audio from prior recordings, à la voice-tracking. Still, he cautioned, “We have to be careful how we use it.”

All Access urban/R&B format editor likened the current stages of AI to “the wild, wild west.” He praised that radio programming and sales departments can use it to find out more about audiences, while engineering departments can employ it for technological advances. “The good thing about AI is we can pull the data a little quicker,” he said. Still, “That human factor will always be a part of everything we do.”

The group also discussed radio’s place in breaking new music.

“You just have to be paying attention all the time. There are so many places hit music can come from,” said Rich Davis, iHeartMedia director of CHR and KDWB Minneapolis PD.

Zellner noted research revealing that over 50% of people say that they discover music from radio – a higher share than that of streaming. While he found that stat “surprising,” he feels that listeners like hearing a DJ tell the story of a new song, as “there’s a trust factor.”

Instead of waiting for streaming to introduce hits, “Sometimes you can try to create the story, as well,” said Richards.

Again referencing radio’s role as more than a music service, Zellner directed to air talent that one break in an entire shift might be the only one that a listener hears that day, so make it count. “Make sure everything you’re doing sounds entertaining,” he said. He also advised that a morning show promo that runs throughout that day is essentially a “power song” and should be treated as importantly, by being specific and representative of members’ appeal. “More people will hear the promo than your actual show,” he said. “So make the promo kick-ass.”

“You’ve got to work harder than you ever have before,” offered Richards about radio’s current challenges among so many listener options. “The human attention span is more fractured today than it has been in the history of mankind.”

‘Great Programmers Always Find a Way’

A session on audio production continued the All Access Audio Summit’s first day (with Kelly “K3” Doherty, president and founder of Imaging House, sharing a tip that if anyone looking to record audio can’t get to a studio, solid soundproofing can be found … in a car), followed by a closing segment focused on radio programming.

Moderator James Howard, iHeartMedia regional senior vp in Chicago, declared, “Today is the good old days” for radio, and that programmers should consider “not a wish list, but a ‘can’ list.”

Greg Strassell, Hubbard Radio executive vp of programming, said, “I always quote Steve Rivers, one of my mentors: ‘Great programmers always find a way.’ ”

On recruiting the next generation of air talent, Chris Eagan, Cox Media Group vp of audience and operations, said, “It’s everywhere. We’re a lot more open to letting someone on a radio station than we were 20 years ago. We’re a lot more flexible. If someone shows the talent, or ability, there’s a lot less, ‘Bring me a tape.’ The relationship has sort of flipped.”

The panel, which also included Reggie Rouse, Audacy vp of urban programming and WVEE Atlanta PD, and Tony Gray, president and founder of Gray Communications, cited eager board ops and personalities on TikTok and Instagram, among other social media, as potential on-air voices. Howard suggested bartenders, as they can multi-task and “are great storytellers.”

As for finding hit songs, Eagan cited the importance of simply loving music, as how could one be a chef without liking food? “Be a scholar of music,” he asserted.

Replied Howard, “People love music and animals. If you don’t, you’re a serial killer.”

Meanwhile, as talk turned back to streaming’s place among programmers’ menu of song options, fellow panelist Beata Murphy, PD of iHeartMedia’s KIIS Los Angeles, recalled how the station helped make Encanto’s “We Don’t Talk About Bruno” an unlikely radio hit last year.

“I like to look at streaming, Shazam, other stations,” she said. “But then there’ll be a song every once in while … [“Bruno”] was the No. 1 streaming record, by four times, in Los Angeles. LA is the home of Disney, and it’s a Hispanic-leaning song. We tried it, the jocks set it up properly, it started a conversation, we played the record and then it started testing. That’s something I grabbed from streaming. We set it up properly so it didn’t sound crazy. It worked.”

Murphy further noted, with pride, listener response about “two favorite brands” – Disney and KIIS – “colliding.”

Summed up Strassell about radio in 2023, “Especially coming out of the pandemic, create that awareness. Hopefully your products are great and people will find you. Let’s remind people how great we are.”

Music streaming company LiveOne’s podcasting division, PodcastOne, filed an S-1 with the Securities Exchange Commission on Tuesday as a prelude to becoming a standalone, publicly traded company. LiveOne has set a record date of Jan. 16 for PodcastOne’s special dividend to LiveOne shareholders of record. 

The spinoff “will meaningfully enhance our industry market perception,” the company wrote in the filing, “thereby providing greater growth opportunities for us than our consolidated operation as a private subsidiary of LiveOne.”

LiveOne will remain PodcastOne’s majority shareholder and will distribute approximately 6.2% of outstanding shares to LiveOne shareholders. LiveOne will retain 86.3% of outstanding shares. The remaining shares will be held by holders of bridge notes as well as the company’s directors and executives. PodcastOne currently expects its shares to trade on the Nasdaq.

In addition, LiveOne said it intends to explore spinning out SlackerOne into a separate public company during its 2024 fiscal year. LiveOne acquired music streaming service Slacker in 2017 for $50 million. Slacker was ordered by a judge in November to pay SoundExchange $10 million for performance royalties owed since 2018. Slacker asked the judge to overturn the ruling, saying the decision had led debtors to default on two senior secured notes, threatening “economic damage” to the company that would be “unsustainable.” The judge denied LiveOne’s request.

PodcastOne was co-founded in 2012 by current president Kit Gray and Westwood One founder Norman Pattiz and ranks No. 14 on Podtrac’s list of top podcast publishers in the U.S. It has about 2.1 billion downloads annually and produces 350 episodes per week. Among its podcast titles are Court Junkie, Cold Case Files, The Adam Corolla Show and Nappy Boy Radio with rapper T-Pain. PodcastOne also operates LaunchpadOne, a do-it-yourself platform for independent podcasters in the vein of Spotify-owned Anchor and Amazon-owned Art19 that distributes content to Spotify, Apple Podcast, Google Podcasts and other outlets. LiveOne — then named LiveXLive — acquired PodcastOne in 2020. 

PodcastOne generated $32.2 million in the fiscal year ended March 31, 2022, a 36% improvement from the prior-year period, and plans to have revenues of $25 million in the nine-month period ending Dec. 31, 2022, according to LiveOne.