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Nexstar’s Interest in ABC Could Become Messy For Several Reasons

As intriguing as Nexstar’s acquisition spree has been, this would be a terrible move for journalism in America.

Jessie Karangu

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A photo of the Nexstar and ABC logos

Nexstar has discussed acquiring ABC and its owned and operated stations from Disney. A potential acquisition, if approved by the government, would put ABC together with The CW, The Hill, NewsNation, and Nexstar’s other television stations that reach at least 39 percent of all households in America. As intriguing as Nexstar’s acquisition spree has been, this would be a terrible move for journalism in America.

Nexstar acquiring ABC takes away one less news organization from the American audience. At some point, the company would consolidate ABC News with its existing television news operation. This could cost thousands of journalists their jobs. More unemployed journalists means more officials not being held accountable. Fewer journalists on a national level vigorously covering Washington and the world will allow those in power to easily get away with misconduct, allow them to answer fewer questions, and will make the everyday lives of Americans worse.

One less journalism organization in the US means there are pockets of America that won’t get a special focus or coverage. ABC has dedicated teams of journalists to cover the Maui wildfires, global warming, and the Uvalde shooting among other things months after the events occurred. Their purpose has been to show how a microcosm of America reflects on many different communities in this country that don’t get headlines on a weekly, monthly, or yearly basis nationwide. There will be a hole that is difficult to ever fully fill again in this capacity if ABC News is dissolved in any kind of way.

An acquisition of ABC would also create awkward situations for some of NewsNation’s talent. Nexstar executive Michael Corn left ABC after accusations of sexual assault. Putting him back in the same company with co-workers who may have felt uncomfortable around him could be a legal liability.

Other talent such as Adrienne Bankert and Elizabeth Vargas left ABC for better opportunities on the national stage that they weren’t able to attain at the Alphabet Network. A merger could cast a shadow on their light and impact what they’re able to do at NewsNation. It also puts talent and producers in an awkward position because it takes away one more news operation that could give them leverage to ascend to the next level of their careers.

An ABC/Nexstar combo also sidesteps ABC News’ digital future. Nexstar has found success with its owned and operated digital websites, YouTube pages for NewsNation, and its stations have even begun experimenting with The CW app (formerly known as CW Seed) since acquiring that network.

But none of these platforms have the reach or significance that Disney’s Hulu has been able to attain. Hulu boasts almost 50 million subscribers and is estimated by co-owner Comcast to be worth $30 billion. ABC has been able to reach millions of viewers through original long-form programming that they found on Hulu through algorithms and suggestions.

Because of Hulu’s wide swath of programming, viewers are more likely to come across ABC News broadcasts and documentaries on Hulu than any type of service Nexstar would ever be able to present. Hulu also has a wider ability to market shows produced by ABC because of the power of Disney and the familiarity Americans have with Hulu’s brand. A potential OTT brand from Nexstar would take years just to build name recognition, something Hulu has had since 2007.

A potential acquisition could even mess with the network’s mojo. As of now, GMA, World News Tonight, Nightline, and The View are number one in their respective time slots. Tamron Hall is among the highest-rated daytime talk shows on TV. GMA3 has slowly created its own lane and fills out hours of the day on ABC and ABC News Live.

ABC’s lineup of news talent is among the strongest and longest-lasting on television. A common theme in the media world is that when a new owner takes over a brand, they try to add their own pizzazz to differentiate it from the brand’s previous owners. If Nexstar attempts to change up ABC News to fit its own standards, it could change viewers’ habits and could impact the kind of talent that stays at the network.

In the past, Nexstar has acquired powerhouse stations such as WGN and KTLA and hasn’t done too much to try and make an imprint. In the same token, Nexstar acquired WGN America and turned the basic cable network that formerly aired dramas and comedies into a news station.

If Nexstar does find a way to get involved with ABC, it would be in the Alphabet Network’s best interests for Disney to stick around in some kind of active capacity. Nexstar co-owns The CW with Paramount and Warner Bros. Discovery but the latter two companies haven’t had much input or involvement in the direction of the network. Nexstar’s stewardship of The CW has made positive strides so far. Recently, a college football game on the network almost matched NBC’s respective primetime ratings. But a transaction with Disney would be a lot more complicated given the established nature of ABC News and Disney’s sports contracts that tie in both ESPN and ABC.

It might be best for both sides to walk away from such a transaction before it gets messy.

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BNM Writers

The Time is Right For Rupert Murdoch to Leave, But Is it Right For Fox News?

Murdoch may have never wanted to retire but there’s probably no reason for him to stay. His work is finished.

Jessie Karangu

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A photo of Rupert Murdoch
(AP PHOTO)

The writers of Succession couldn’t write the script we saw come into full display on Thursday. Out of nowhere, one of the most consequential media leaders of our time decided to resign. Rupert Murdoch will ride off into the sunset having left a legacy that has changed media and the state of our democracy forever.

Rupert Murdoch has elected presidents, changed mindsets, and caused hysteria and pandemonium for billions of people over the course of his career. It may not be hyperbolic to say he is one of the few media titans who could’ve had a direct impact on your personal life. Whether you love him or hate him, he was successful at the machine he wanted to create. He has decisively been a shadow emperor of the Western world for the past 20-40 years.

Because of the blueprint he has set in stone, don’t expect Fox News to ever change, even if he isn’t at the helm any longer. The fact is that numbers don’t lie. Fox News commands retransmission fees that are comparable to ESPN, TNT, and the USA Network without carrying any live sporting events. It is one of Fox’s biggest revenue generators despite losing an epic lawsuit to Dominion. It is one of the networks keeping the cable bundle alive and will help prolong it as much as possible because of its existing base.

Speaking of its base, the fact that it has a base in the first place speaks volumes. Fox News has something every other network on television only envies: super fans. There have been pitfalls along the way over the past three or four years but in general, Fox News finds a way to consistently beat its opponents in the demo as well as in overall viewers.

The network has had to switch out hosts for various reasons over the past couple of years but because of its formula of storytelling and team building, viewers don’t leave in droves.

It may not be journalism but it is the perfect way to keep allegiances and it has worked for Fox. Whether it was his tabloids, his syndicated shows, or his news network, Rupert Murdoch has always insisted on creating an environment of “Us vs. Them” for a group of people whose unique diversity is often underestimated. Murdoch has consistently found a way to turn anger and fear into dollars and if it ain’t broke, why fix the Fox?

The successor taking over for Rupert Murdoch also isn’t an unfamiliar seed of discomfort and madness. Lachlan Murdoch has had a say and has been in discussions about Fox’s direction for decades. Some reports say that his own way of thinking is to the right of his father. If there is any child of Rupert’s who supports the path of destruction and illusion that Fox News has created over time, it’s Lachlan.

One of the few problems that Fox may face is purely logistical. It has been reported that Lachlan enjoys living in Australia more than the United States. Operating a television behemoth from another continent could be risky, especially after the behemoth has allowed anchors to vomit election lies on screen and allegedly commit sexual assault off-screen. But that shouldn’t affect the network’s ability to operate because Lachlan has already been serving as co-chair even before this week’s announcement.

One of the biggest reasons you shouldn’t expect Fox to change is because they’re the only network that has broken the code. Newsmax, Megyn Kelly, Glenn Beck, and Tucker Carlson have tried or are trying. But they haven’t been successful. They achieved a level of prosperity in their own right but their numbers and margins of profitability are nowhere close to what Fox News makes. Their concurrent reach cannot even be compared.

The closest rival that has been able to penetrate some sort of mainstream relevance, although exclusively online, is The Daily Wire. And yet even with Ben Shapiro’s respective empire, it will be hard to match what Fox makes because of the business model Fox falls under. There isn’t any imminent competition that could drag Fox down and truly challenge the amount of viewers they receive or the kind of money they make. 

Murdoch may have never wanted to retire but there’s probably no reason for him to stay. His work is finished. His worldview has a daily effect on the lives of billions. As the business models for media continue to change, it’s better to leave at the top than to try to solve the next problem.

Titans like Bob Iger and Mark Thompson could look back at Murdoch’s decision years ago and wonder why they didn’t leave as a champion as he did. Unless there was a pie coming at his face during a hearing in the United Kingdom, one of the biggest strengths of Rupert Murdoch is that he always knew when the time was right.

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BNM Writers

What News/Talk Can Learn From A Sports Host Like Mad Dog Russo

How are you taking the news that is relevant in our space and making it stand out to the audience and making it relatable to your audience?

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A photo of Chris "Mad Dog" Russo
(Photo: Scott Cook, Rollins College)

Sports media had one of its best viral moments in recent memory this week when Chris “Mad Dog” Russo shared his Saturday college football plans with the audience of ESPN’s First Take

Russo was talking with Stephen A. Smith and Marcus Spears about this weekend’s game between Colorado and Oregon when Molly Qerim told Russo to share with the rest of the panel his plans for the weekend.

Russo went on to describe his Saturday afternoon, blow-by-blow, which included a cocktail and “half a THC gummy” for the noon ET games. After the first slate of games, Russo planned to make a call to his bookie, place a $10,000 bet on Colorado to beat Oregon, and then another cocktail, along with the “other half” of his gummy.

It was pure entertainment from Russo. He wasn’t trying too hard, it wasn’t over the top, but it was brilliant content.

The clip has been viewed millions of times since it aired because it was real, relatable, honest, funny, self-deprecating and delivered perfectly.

Only a handful would have seen or heard this clip, other than those watching the show in real-time, had they just done the standard “media talking heads break down the big college football game of the weekend”. But to Russo’s credit, he likely understands in today’s media landscape that the die-hards who want a full Oregon-Colorado breakdown can get that in a ton of different places in 2023. What’s he going to bring that’s unique, different, and stands out? And that’s exactly what he did.

As it pertains to news/talk radio, or news media at large, how do you have that Mad Dog-Gummy moment? It doesn’t need to literally be you talking about taking gummies before the next GOP debate on September 27th (although anything that helps get through one of those disasters would be welcomed). But how are you taking the news that is relevant in our space and making it stand out to the audience and making it relatable to your audience?

While it’s anecdotal, whenever I bump into KCMO listeners, the biggest feedback on the show is not my takes on Trump, Biden, Kansas City city council, or anything else for that matter, it’s, “I like when you talk about your girls.”

I have two daughters, four and two, who are absolutely incredible, entertaining, and yes, nightmare toddlers sometimes. When it’s relevant and topical, I will bring them up. I talk about them far less than the news, but they’re the “topic” that always gets the organic feedback.

Like Russo’s moment, it gives the audience insight into who we are as people, beyond what we think about the topic(s) of the day. 

This doesn’t mean that a four-hour show should be about your weekend plans or your kids throwing up in their beds at night (although I could rip off a few of those stories and kill a few segments). But picking and choosing those moments will help you stand out in an overcrowded media landscape where the audience has options galore and needs more reasons than ever to come back to you and your show.

Give them insight into not just you the host/personality, but you the person. 

I can’t think of the last time cable news or news talk had a viral moment like Mad Dog Russo. But maybe you can be next.

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A News/Talk Radio Autopsy After the BNM Summit

The news/talk audience is getting older. This is somewhat self-inflicted. We are still doing our shows in the same template Rush Limbaugh innovated in 1987. Time to change it up. 

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A photo of a panel at the 2023 BNM Summit

After the inaugural BNM Summit, I was more excited about our industry after the two-day event. Radio in many ways is a solitary pursuit.

Teamwork is sometimes not a factor in a morning show with a cast. You walk into the studio, put on the headphones, turn on the mic and go. I needed some excitement, some good news, and the chance to meet new friends and renew longtime relationships. I got it.

As an industry, we have been pummeled by bad headlines: some of which are self-inflicted, and some are challenges for our future. If you believe the headlines, smelting lead would be a better career choice. I don’t believe that, and you shouldn’t either. While smelting lead seems like an exciting career other than the whole lead poisoning thing, perhaps that is better than radio station break room coffee. 

Have you ever considered how bad radio station coffee is? I don’t drink it. I drink a pot of my own before I strut into the office. Perhaps, it is time to call any reputable health inspector in to inspect that thicker than tar swill. 

Radio is a terrific profession. How many jobs provide more laughs than broadcasting? It is fun.  I have worked a bit outside the radio industry. Real-world jobs suck. Our stations develop awesome advertising campaigns for clients. Why not us? We don’t publicize our strengths.  Podcasts are great, but when did a podcast raise money for the local foster children? When did a podcast show up at a client’s office with a smile and donuts? TikTok? Those Chinese Communist bastards are poisoning our kids. YouTube? Cool content, but the Google-owned platform is as likely to build commonalities with your neighbors as a lion is likely to lay down with a lamb. 

Radio is a cool job. One where you can make a difference. It’s not exactly like Mother Theresa….  but it’s better than being an influencer on Instagram. 

I am ranting.

You know who I am sick of? The radio coroner gang. Radio still reaches a majority of the American public. Your local big network TV affiliates may reach less than 40% of the public.  They are no longer a big deal. Don’t give them any respect. Those jerks don’t deserve it, except for that pretty reporter who would be lucky to be my next wife. I know that I am old enough to be her dad, but hey, old dudes need love, too. 

Radio is vital and needed. Radio needs to look itself in the mirror and say “We are essential”. I was in the room in Nashville with men and women who see a future. The BNM Summit delivered that.

By the way, the brother and sisterhood at the BNM Summit was strong. I haven’t been hugged this much since a family reunion. I wish that you could have been there. It was amazing. I really was pumped up. We matter. You matter. Your ideas are important. 

We have challenges. We need to address issues with Gen Z and the generations to follow them. Radio does have issues with innovation. We run the same clocks that we did in 1970. We sweep the corners, which is stupid and does not reflect actual radio listening. If you are in a PPM market and are sweeping the corners, reevaluate your tune-ins per hour. Look at that carefully. So, your host comes out of the break at :27, and news is at “30. I guarantee your tune-out rate is through the roof. 

You need 5 minutes of continuous listening to get credit. A listener is as likely to start listening at 23 minutes past the hour than almost any other time. Yet, we still sweep the corners. It’s insane. You may not like PPM. It is a fair assessment, but adapt or die. We have not adapted to PPM and radio has been using this technology for well over a decade. 

The news/talk audience is getting older. This is somewhat self-inflicted. We are still doing our shows in the same template Rush Limbaugh innovated in 1987. Time to change it up. PPM gives us tools. If you delight in being a political insider, you are going to demo old. Go to a political event. It is geezer-rific. Talk about the interests of a 45-year-old. You can beat this.  You have the tools, you have the data, and you have the talent.

I was watching a YouTube video on East St. Louis. That city in Illinois is now one of the most violent places in the USA. It was not always that way. East St. Louis was once a vibrant community with a bustling downtown, strong industry, and a great future. The community got complacent, and the employers started to leave. The city was not focused on growing and it has become a shell of the great place it was at one time. 

Radio needs to look at that. What is next? Where is the innovation? How do we change the momentum? It’s all up to us. There are thought leaders in our industry reading this. These are brilliant people. I don’t claim to have the answers, but I know where we need to focus.

Being in the room with amazing leaders in the radio industry brought me more excitement.  The BNM Summit was exactly what I needed. I could not be more enthusiastic about our future. Am I naïve? Perhaps. Do I understand the power of radio? Absolutely. 

The power is in your hands. May every moment on your radio station essential. 

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