Good Karma Brands is taking action to provide a voice for Milwaukee’s Black community. The company has announced plans for the launch of “101.7 The Truth”, a brand which will focus on providing local shows, news, information and discussion by and for members of the Black community.
“At Good Karma Brands we believe every voice matters, but as the events of this past year unfolded, we realized there were underrepresented voices that had so much to say and needed to be heard,” CEO and founder Craig Karmazin said in a company issued press release. “We believe there is a unique opportunity for us in Milwaukee to launch a station that can make a real impact across the city, and within our company.”
Good Karma did not reveal an exact launch date but says they expect to introduce the station in 2020. A majority of the content will emphasize empowerment, faith and community.
VP/Market Manager Steve Wexler added, “With the launch of 101.7 The Truth, we are making good on our promise to serve our community in a deeper and more meaningful way, and to specifically serve our Black neighbors and friends who make up nearly 40% of Milwaukee’s population. I’m thrilled to launch this station with our talented hometown team.”
To make the new format a reality, Good Karma will buy back the signals to WRRD and the 101.7 translator signal. They had been utilized by Michael Crute who was broadcasting a liberal talk format known as “Talk 101.7.” The company is hoping to finalize the purchase in the first quarter of 2021.
The responsibility of bringing the brand to life will belong to General Manager Cherie Harris and Operations Manager Kyle Wallace. Harris is a Milwaukee media veteran having worked in radio and television for iHeartMedia and WITI-TV. Wallace has been with Good Karma since 2016 and has served as an admissions counselor at Marquette University.
“We are going to put together a meeting place,” Harris remarked. “A place for honest and real debate, as well as welcoming conversation, and a place for celebration and connection within the Black community.”
“We have already started the search for the voices that will make 101.7 The Truth a destination for the stories and experiences that are relevant to the Black community,” Wallace said. “We have the resources to make sure that our new station really is a local marketplace for ideas and commerce. This isn’t a nationally-syndicated project, it’s home-grown.”
Jeff Smulyan Preps Book Release
“I also hope that some of the lessons I’ve learned (many of them painful) will be helpful to you in navigating your careers and your family life.”
Emmis CEO Jeff Smulyan has written a book, with a November 8th release date.
Never Ride A Rollercoaster Upside Down: The Ups, Downs, and Reinvention of An Entrepreneur will revealed some of the most enjoy experiences of the business owner’s life.
“I think you will enjoy many of the stories and hopefully you’ll even laugh out loud at a number of them,” Smulyan said. “I also hope that some of the lessons I’ve learned (many of them painful) will be helpful to you in navigating your careers and your family life.”
According to publisher Matt Holt, Never Ride a Rollercoaster Upside Down details Smulyan’s journey: from taking over his cousin’s failing country music radio station and founding his own company, to purchasing and then selling ownership of the Seattle Mariners and guiding his company through the Golden Age of Radio. Alongside his humorous, eventful, and dramatic stories, Smulyan presents valuable pointers and tips—for anyone else brave enough to try their own hand at starting a business.
Greg Kelly, Joe Madison Feud Over Washington D.C. Museums
Kelly recently discussed schools sending their eight grade students to Washington D.C. and the museums they visit.
SiriusXM host Joe Madison and WABC77 host Greg Kelly have feuded recently over an unlikely subject: Washington D.C. museums.
Kelly recently discussed schools sending their eight grade students to Washington D.C. and the museums they visit. He then said there isn’t much worth seeing inside the African-American Museum, and your time would be better spent at the Air and Space Museum, which Madison took issue with.
“You know Greg Kelly? What an asshole,” Madison said in the clip. “Give me a damn break. I’ve been there. It’s divisive. ‘Go to the Air and Space Museum’. I’ve been there. It’s cool. You can touch a moon rock. But this is divisive. Excuse me, SiriusXM and Pandora, by the way, have an exhibit there. They have an exhibit there.”
“Does that make you want to go to the African-American Museum?”, Kelly asked. “To see some radio station’s sponsorship? That they bought off the mob? That they did some philanthropic virtue signaling? I don’t really care about that.”
He then played a clip of Madison saying you can see Chuck Berry’s Cadillac at the museum, which Kelly mocked. He then played another clip of Madison making a plea for a discussion between the pair.
“Let me tell you something, Greg Kelly,” Madison said. “If you had any brains whatsoever, damn you, call me, damn it! Call me! But you don’t have the courage to call me.”
“So I called him, and all he did was yell, and scream, and curse,” Kelly said. “He yelled. He screamed. And he cursed. What a missed opportunity for him.”
Audacy Reportedly Prepping Cadence13 Sale
Cadence13 has recently launched several new podcasts, including shows by Stephen A. Smith and former NASCAR driver Dale Earnhardt Jr.’s Dirty Mo Media.
A report from Sara Fischer of Axios claims Audacy has hired bankers to explore a sale of Cadence13, one of its two podcast studios.
The company faces potential delisting by the New York Stock Exchange if its price remains at under $1 per share. The NYSE gave Audacy notice that it had six months to increase its price or face the delisting. Shares closed Friday at an all-time low of 39 cents.
Audacy purchased a stake in Cadence13, then called DGital Media, in 2017. It then purchased the remaining shares of the company in 2019, placing its valuation at approaching $50 million.
Fischer reporters Audacy would seek to sell Cadence13 at nearly double that $50 million valuation.
In addition to Cadence13, Audacy also owns two other podcast studios, 2400Sports and Pineapple Street Studios.
An Audacy spokesperson told Axios “we don’t comment on rumors of this nature”.