iHeartMedia Goes Business Talk with Bloomberg on KNEW, San Francisco.  With the move of Premiere Networks talk shows Rush Limbaugh, Sean Hannity and Glenn Beck to Cumulus Media?s crosstown KSFO on Monday, September 29, the fate of the shows? soon-to-be former affiliate station ? KNEW, San Francisco ? is now known.  The station will begin carrying Bloomberg Radio programming on Monday.  The station will also be simulcast on KOSF-FM?s HD2 channel.  Bloomberg Radio?s Al Mayers comments, ?As part of Bloomberg?s new consumer media strategy, we?re excited about expanding Bloomberg Radio into the San Francisco Bay Area, a vital market for those who create, move global business and shape conversations about the innovations of tomorrow.?  iHeartMedia San Francisco market president Kathryn Wilcox adds, ?Teaming up with Bloomberg was a natural fit.  It provides high-quality content and aligns nicely with the local business talk on KKSF 910.?

iHeartMedia Takes on More Debt.  The company formerly known as Clear Channel Communications ? iHeartCommunications (and its radio-centric subsidiary iHeartMedia) ? announces it is selling $250 million of 9.0% Priority Guarantee Notes (PGNs) that will come due in 2022.  Rating agency Fitch Ratings reports that the ?notes are being issued as part of the same series as the $750 million of PGNs due 2022 that were issued on September 10, 2014, and rated ?CCC/RR4'.  Proceeds from the offering are expected to be used to prepay $245.9 million in Term Loan B due 2016 and $4.1 million in Term Loan C due 2016 and to pay fees and expenses related to the offering.?  The iHeartCommunications debt stands at approximately $21.1 billion according to Fitch but the rating company reports it believes that the company has ?adequate liquidity (including cash on hand, monetization of repurchased and outstanding notes, and asset sales) to meet its debt service obligations,? although it does foresee free cash flow to be negative over the next few years.

Lionel to Make Return Appearance at The Cutting Room in New York City.  Multimedia talker Lionel of LionelMedia.com has again been booked to play an evening of what he calls ?Outspoken Word? sprinkled with bluegrass music at New York City?s famous nightclub, The Cutting Room.  The iconoclastic radio performer presents his difficult-to-categorize brand of stand-up commentary/observations along with several musical numbers by his Americana roots trio, Lock-n-Load in a program described by TALKERS publisher Michael Harrison as ?fascinatingly original and intelligently eclectic to the core.?  The booking is set for Saturday, October 11 at 7:30 pm at the mega-hip showcase venue located at 44 East 32^nd Street in the Big Apple.  Tickets are on sale, $30 in advance, $35 day of show, with a $20 food/drink minimum.  To reserve tickets, call 212-691-1900.  To view a video of Lionel discussing the forthcoming performance, please click here.

Celebrating Success.  Getting together to celebrate a year of success at Salem Communications? New York properties news/talk WNYM ?AM 970 The Answer? and Christian talk WMCA (and to celebrate the latter?s anniversary as a Christian talk station) are four talk hosts heard on the stations (from left to right): talk personality and XtreMedia CEO Kevin McCullough; Salem Radio Network host Mike Gallagher; GCN-syndicated host Dr. Joy Browne; and WNYM morning personality Joe Piscopo.  McCullough comments, ?While the style and content of the shows couldn?t be more different nor come from more diverse perspectives, the camaraderie instilled by GM Jerry Crowley and VP Phil Boyce could not be more clear!  Fun people, doing fun radio, and having fun doing it!?

Odds & Sods.  Houston sports talk personality Barry Warner joins Yahoo! Sports Radio where he?ll serve as a national contributor and host of the ?Barry Warner Classic Minute? daily feature heard on KGOW and KFNC-FM in Houston?..WGN, Chicago announces the WGN Radio Walk of Fame Induction Ceremony honoring Chicago Cubs broadcaster Pat Hughes to take place on Wednesday, September 24 from 3:30 pm ? 4:00 pm.  The ceremony will include a live broadcast interview with Hughes conducted by host Dave Eanet?..Internet talk radio platform LA Talk Radio announces it is adding live streaming video to its content options.  Founder Sam Hasson says LA Talk Radio ?has waited until it could define how to deliver a polished radio broadcast that also appeals to the audience visually, with professional studios and eye-popping graphics.  The results are great-looking as they are streamed smoothly in high-definition to any computer or mobile device.?  The video function debuts October 1.

White House Intruder Case, Hillary Clinton 2016 Prospects, Mid-Term Elections/Congressional Majority, NFL Domestic Violence Troubles, U.S. ISIS Policy, Iran Nukes Talks, Ebola Pandemic Threat, and Lois Lerner Politico Story Among Top News/Talk Stories Yesterday (9/22).  The man with a criminal past who hopped the White House fence and entered the building before being stopped; the prospects for a presidential bid by Hillary Clinton in 2016; the looming mid-term elections and discussion about the potential for majority changes in Congress; the NFL?s domestic violence issues; the U.S.-led coalition against ISIS, Secretary of State John Kerry?s nuclear talks with Iran; the threat of an Ebola virus pandemic; and the Lois Lerner Politico interview addressing the IRS scandal were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.

Tags: AM 970 The Answer, Bloomberg, Christian Talk, Cumulus Media, debt, Dr. Joy Browne, Fitch Ratings, Glenn Beck, Houston, iHeartCommunications, iHeartMedia, Joe Piscopo, Kevin McCullough, KFNC, KGOW, KNEW, KSFO, Lionel, Mike Gallagher, New York, Pat Hughes, Priority Guarantee Notes, Rush Limbaugh, Salem Communications, San Francisco, Sean Hannity, WMCA, WNYM, XtreMedia

Category: Front Page News, Industry News