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‘More Efficient, Agile and Flexible’: A Sirius XM Pledge Cuts Jobs

Radio+Television Business Report - Mon, 02/12/2024 - 13:24

Add subscription radio company Sirius XM to the list of companies that are engaging in reduction-in-force efforts as a way to drive long-term revenue growth for the public traded company.

The company’s CEO, Jennifer Witz, has disclosed in an internal memo that roughly 160 jobs will be eliminated at the home of Howard Stern and curated music channels from artists including John Mayer and Kelly Clarkson.

A SiriusXM spokesperson confirmed to RBR+TVBR on Monday that “several organizational changes in support of the company’s long-term objectives” were announced. “As a result of these decisions, the company will be reducing its workforce by less than 3%.”

What Sirius XM did not share was that, as of December 31, 2023, it had 5,680 full-time and part-time employees — information shared in its annual financial report filed with the Securities & Exchange Commission.

In the memo to staff members, Witz said, “We made significant progress on the transformation of our business in 2023, but we have just begun to scratch the surface of what is possible here at SiriusXM. To continue on our path to future subscriber growth and sustain our company’s success as the competitive landscape evolves, it’s imperative that we become even more efficient, agile, and flexible. Therefore, today we are making several organizational changes, including the difficult decision to eliminate certain roles, which will allow us to move faster and collaborate more effectively in support of our long-term objectives. From uniting teams and better aligning initiatives, to investing in new technologies that will power our transformation, we are focused on increasing efficiencies and redeploying resources to support the strategic priorities of our business.”

The latest job losses follow the decision 11 months ago to part with roughly 8% of its employees, totaling 475 individuals.

As of 1:26pm Eastern, Sirius XM shares were up 2.9% to $5.04. The company on February 1 released its Q4 2023 earnings report, and it showed its earnings per share of $0.09 beat the Zacks Consensus Estimate of $0.07. However, revenue of $2.29 billion for the quarter ended December 31, 2023, missed the Zacks Consensus Estimate by 0.42%.

Categories: Industry News

Silent AM Set For Rebirth Under New Owner

Radio+Television Business Report - Mon, 02/12/2024 - 12:15

It is licensed as a 1kw Class C AM radio station serving one of North Carolina’s largest cities, but has been dark since July 31 of last year, when the tower site pictured (above, left) was lost.

It marked in an inauspicious end to a facility offering Christian-themed broadcast programming since 1974. Now, the station’s return is in the works under a new owner.

 

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Categories: Industry News

Rocking M Asset Auction Challenged By Debtholder

Radio+Television Business Report - Mon, 02/12/2024 - 08:59

In its 2022 bankruptcy filing, Monte and Doris Miller-led Rocking M Media noted that its largest debt segment was a $3,745,614.50 secured claim tied to Houston-based creditor Belate LLC.

That entity has been adamantly seeking to recoup its losses, and a February 1 court-administered auction of 10 Rocking M properties could have resolved much of that fiscal stress. Alas, a Kansas broadcaster swooped in and grabbed them.

Not so fast, Belate is now telling the Kansas City federal bankruptcy court that on Thursday will approve the auction results — or grant Belate’s appeal.

 

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Categories: Industry News

Rosenworcel Visits FM Seeking FCC’s ‘ZoneCasting’ OK

Radio+Television Business Report - Mon, 02/12/2024 - 08:15
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With No Impairment Charge, Net Income Arrives In Q4 For Beasley

Radio+Television Business Report - Mon, 02/12/2024 - 07:30

Beasley Media Group early Monday released its fourth quarter 2023 financial earnings report, and while the company’s net revenue and adjusted EBITDA were down year-over-year, Beasley achieved net revenue in the final three months of last year.

 

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Categories: Industry News

With NBA All-Star Game Near, Spot Cable Activity Surges

Radio+Television Business Report - Mon, 02/12/2024 - 02:51

The National Basketball Association’s All-Star Weekend begins on Friday in Indianapolis, and to get the early word out to fans on what’s to come at the home of the Indiana Pacers, the league turned to Spot Cable to help deliver its messages.

 

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Categories: Industry News

South Florida NPR Host Says Racism Killed ‘Sundial’

Radio+Television Business Report - Mon, 02/12/2024 - 02:29

AVENTURA, FLA. — Across the U.S., listener-supported public radio stations have been trimming their payroll by saying goodbye to journalists and air personalities as budgets have not been met due to fewer donations. In Miami, this claimed the program Sundial, heard on the NPR Member station covering a territory from Palm Beach Gardens to Key West.

Now, the host of the program is claiming racial discrimination is behind the abrupt cancellation of the show.

As first reported by Streamline Publishing’s Radio Ink, Carlos Frias was among the casualties at WLRN-FM 91.3, a dominant spoken word station serving the Miami-Fort Lauderdale and West Palm Beach markets that rebroadcasts on WKWM-FM in Key West.

On February 2, after six years, Sundial suddenly ceased production, putting an end to a program that in 2017 succeeded Tropical Currents with content focusing on local arts and literary figures. Today, the syndicated Here & Now fills the time slot that Sundial had.

Frias, once a food editor at The Miami Herald, which has seen massive reduction-in-force efforts dating to McClatchy Co.’s acquisition of the former Knight-Ridder newspaper, joined WLRN in 2022. On X (formerly Twitter), he said, “WLRN abruptly cancelled Sundial and let our whole team go. It’s my first time out of work since I was 19. If you’re looking for a journalist with 30 years experience, 2 James Beards, a share of a Pulitzer, experienced in all media, please DM. I’m eager to work again soon.”

Getting a new job, however, may be more complicated for Frias today, as he has filed a complaint with the Equal Employment Opportunity Commission and the Florida Commission on Human Relations.

The basis of the complaint? WLRN Program Director Caitie Muñoz admonished a producer over Sundial “Sounding very Latino,” while noting the program should be more considerate of “cultural comfort zones,” Frias claims.

Frías also claims Muñoz kept a running log of Hispanic and Latino guests on the show, as compared to other ethnicities.

Frias’ likely resolution would be the return of Sundial, along with back pay, even as WLRN struggles to find corporate and individual donors which can allow it to fully fund local staff.

South Florida radio has long suffered from a lack of philanthropic support for non-commercial and arts-oriented programming. When longtime Classical WTMI-FM was sold to Cox Media Group for $100 million in the late 1990s, the then-owner of WTMI explained that Miami’s biggest corporations did little to support the fine arts content. CMG stook with WTMI’s Classical format for roughly one year before switching it to a more commercially viable format. Today, that station is WFEZ “Easy 93.1,” a top-rated property.

Meanwhile, the Classical format languished, with an AM attempting to attract listeners. Later, “Classical South Florida” debuted on signals in West Palm Beach, Fort Myers-Naples, and Miami. However, this service abruptly ended, and the stations were sold to Educational Media Foundation, due to what Minnesota Public Radio said was a lack of key donor support.

— With reporting by Cameron Coats in New York

Categories: Industry News

Four New TV Choices For DirecTV Users

Radio+Television Business Report - Mon, 02/12/2024 - 02:04

Now that the dust has settled and there’s a new retransmission consent agreement between DirecTV and broadcast TV station owner Cox Media Group, the direct broadcast satellite service has announced the addition of four unique channels it believes will be of interest to its paying subscribers.

Under the guise of adding “more choice and enhanced value for its streaming customers,” DirecTV on Monday afternoon added the following four channels:

  • Alien Nation by DUST (Ch. 4490)
  • The Design Network (Ch. 4365)
  • TIME (Ch. 4012)
  • Yahoo Finance (Ch. 4021)

DirecTV provided channel descriptions and other details about the four channels.

These offerings join other streaming channels to have launched over the last several months, including Cheddar, The First, Fuel, Fox Nation, Fox Soul, Sportsgrid, Tastemade, Tastemade Home, and Tasatemade Travel.

“We intend to launch several more of these services in coming months,” DirecTV said.

Categories: Industry News

With Super Bowl LVIII Approaching, CMG Seals DirecTV Deal

Radio+Television Business Report - Sun, 02/11/2024 - 17:00

It was widely expected, with the biggest sporting event in the U.S. just hours away from kickoff. At 4:45pm Eastern, DirecTV and Cox Media Group resolved their differences over a fresh retransmission consent agreement and came to terms on a multi-year accord.

The new agreement means all of CMG’s television stations will be restored to DirecTV and the U-Verse and DirecTV Stream platforms this evening. Two will be restored ahead of Super Bowl LVIII — including CBS affiliates WHIO-7 in Dayton, Ohio and KIRO-7 in Seattle-Tacoma.

In a statement, DirecTV said, “We will continue to work with broadcasters like CMG, as well as any other programmers, to align the price our customers pay with the value they can expect to receive.”

In a brief statement in a jointly issued press release, DirecTV and CMG said they “greatly appreciate the patience of their subscribers and viewers.”

By law, DirecTV blocked its paid customers from receiving the following CMG stations since February 2, in lieu of a fresh retransmission consent accord:

  • Atlanta. GA: WSB – ABC
  • Boston, MA: WFXT-FOX
  • Charlotte, NC: WSCO-ABC, WAXN=IND
  • Dayton, OH: WHIO-CBS
  • Eugene, OR: KLSR-FOX, KEVU-MNT
  • Jacksonville FL-Brunswick, GA: WFOX-FOX/MNT
  • Orlando-Dayton, FL: WFTV-ABC, WRDQ-IND
  • Pittsburgh, PA: WPXI-NBC
  • Seattle-Tacoma, WA: KIRO-CBS

While CMG operates Hoffman Communications’ WJAX-TV in Jacksonville, Fla., a CBS affiliate, it was not involved in the dispute and has its own separate and binding agreement with DirecTV.

The nine-day “blackout” repeats a 2021 scenario between DirecTV and CMG, which lasted five days before a fresh deal — the one that expired on February 2, 2024 — could be reached.

Categories: Industry News

Wheatstone Streaming Software Gets Nielsen PPM OK

Radio World - Sat, 02/10/2024 - 13:32

Wheatstone said its core streaming software has been certified by Nielsen for insertion of the Portable People Meter encoded watermark.

“Affected is Wheatstone’s Layers Stream, a full suite of software for streaming from an on-premise server or a cloud data center,” the manufacturer announced. “Wheatstone also makes AoIP streaming appliances Streamblade and Wheatstream, which also include the PPM watermark.”

It means that streams can be counted separately or combined with on-air listenership, whether streamed from a Wheatstone appliance, an on-prem server or in an Amazon Web Services cloud data center.

It quoted Eric Kmetz, Nielsen product manager, saying, “In the case of Wheatstone, we’re integrating the encoding right there in processing software rather than running it through a hardware encoder after the fact. It’s a much better way to operationalize it.”

Wheatstone said the process involved testing for quality and error detection of audio content and the watermark being streamed through Wheatstone processing software.

The post Wheatstone Streaming Software Gets Nielsen PPM OK appeared first on Radio World.

Categories: Industry News

Audacy to Sell Boston Real Estate for Cash

Radio World - Sat, 02/10/2024 - 13:15

Audacy has filed an emergency motion asking a bankruptcy judge to approve the sale of several parcels of land. One includes a building housing its Boston radio stations, another is the tower site for one of its AM stations.

If approved, the sales would deliver a cash infusion for the financially troubled media company, though it would be a small fraction of its current debt.

.Audacy is in the midst of leveraging a restructuring plan to chop its massive $1.9 billion debt down by nearly 80% to $350 million. Its prepackaged Chapter 11 bankruptcy proceedings, as the company termed them, were launched earlier this year in the United States Bankruptcy Court for the Southern District of Texas.

As part of the voluntary filing, Audacy’s debtholders would receive an ownership stake.

The company’s Boston radio stations include FM stations WMJX, WBGB, WEEI and WWBX as well as AM stations WEEI and WVEI. They are based in a building in Boston’s Brighton neighborhood, at 83 Leo M. Birmingham Parkway.

In the motion, Audacy asks a bankruptcy judge to expedite the sale of that property for up to $18.1 million to 83 Leo Property Owner LLC.

The proposed buyer will pay $11.1 million at closing with an additional payment of up to another $7 million depending on the market value of the property, according to the court motion by Audacy. Closing is expected to be no later than March 6.

“The Debtors believe that the current offer from 83 Leo is the best offer that they will receive because 83 Leo is best positioned to close on the Property without any contingencies,” Audacy stated in the motion.

The company says it would then pay a base rent equal to $40,000 per month to the new owner for at least two years after the closing date.

Audacy’s Boston studios. Image courtesy of Google Street View

Audacy owns 230 radio stations in 46 markets. It believes the eventual relocation of its Boston operations to a smaller building with updated technology would result in notable savings compared to the costs of operating and maintaining the current property.

In a second motion, Audacy said it has reached agreement with American Tower Systems Corp. to sell property at 1555 Central Avenue in Needham, Mass., for $3.5 million. That is the site of the WEEI(AM) transmission facilities. The sale is expected to close by Feb. 28.

Details in the court motion indicate that Audacy receives a special easement “in and to the land underlying three guyed towers, one brick building and one garage on the property.”

Audacy would continue to pay its utilities and maintenance expenses for its owned towers and access road to the easement areas. The company also agrees to reimburse American Tower Systems for 15% of the real property taxes assessed on the property, according to the filing.

The company appears to be in sell-mode. Earlier this year it sold the prime property housing its Phoenix radio stations. The building at 840 N. Central Avenue sold for $10.5 million, according to the Phoenix Business Journal.

The possibility that Audacy would sell some of its real estate had been raised by business observers, as we’ve reported.

In addition, Audacy recently entered into a settlement agreement, already approved by the bankruptcy court, to sell its interest in BMI for $25 million. The company’s stake in the performance rights organization goes back decades to a time when multiple radio and television owners invested in BMI to collect royalties for songwriters.

Audacy was de-listed from the New York Stock Exchange in November. The company’s stock price closed at approximately 5 cents on Friday. It trades as AUDAQ on the OTC Markets.

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The post Audacy to Sell Boston Real Estate for Cash appeared first on Radio World.

Categories: Industry News

Actions

FCC Media Bureau News Items - Fri, 02/09/2024 - 20:00
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Pleadings

FCC Media Bureau News Items - Fri, 02/09/2024 - 20:00
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Applications

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Memorandum Opinion and Order and Notice of Apparent Liability for Forfeiture, Mendocino Environmental Center

FCC Media Bureau News Items - Fri, 02/09/2024 - 20:00
Issued a Notice of Apparent Liability for Forfeiture in the amount of $1,500 to Mendocino Environmental Center for failure to timely file a license renewal application fo LPFM Station KMEC-LP, Ukiah, California

WJLX Looks to Rebuild After Having Its Radio Tower Stolen

Radio World - Fri, 02/09/2024 - 15:59

A week ago, staff at WJLX(AM) were stunned after discovering their 200-foot radio tower had disappeared overnight. Now that the literal and figurative dust has settled, the community station serving Jasper, Ala., is looking to rebuild, even without a helping hand from the government.

This week, WJLX filed a Special Temporary Authority (STA) with the Federal Communications Commission, reporting the damages to its transmitter and tower site that sat behind a local poultry plant on a dead-end road. The FCC may grant an STA to permit immediate or temporary operation of certain radio facilities during emergencies or other urgent conditions.

“They stole every piece of equipment out of the building, cut the guy wires to the tower and somehow managed to down a 200-foot tower and take it from the property,” Brett Elmore, owner and general manager of WJLX told Radio World last Sunday. The stolen equipment included the station transmitter.

This image shows WJLX’s AM tower and transmitter site in Jasper, Ala, prior to the theft. The 200-foot tower was discovered missing Friday, Feb. 2, 2024. (Photo credit: Brett Elmore)

The station also filed another STA requesting permission to continue broadcasting on its FM translator. But, on Thursday, that request was denied and the translator was subsequently powered off. WJLX is a 1 kW nondirectional AM station on 1240 kHz. It has an FM translator at 101.5 that operates from a different location.

Elmore said the FCC’s denial of the STA isn’t necessarily surprising.

“While disappointed, I respect the FCC decision. They have not deviated from the rules in the past, even though [these] circumstances are truly unheard of.”

Since news broke of the tower’s disappearance, WJLX’s story has been featured in a slew of publications both big and small, reaching far beyond the normal radio circles. Outlets such as the The Guardian, People and the Associated Press have all picked up the story, and that’s just to name a few.

“The response has been tremendous, both locally and internationally,” said Elmore. “People, obviously, are interested in the story. Amazed by it. I’ve heard from so many of our radio colleagues offering words of encouragement and ways to help. That is why we set up the GoFundMe.”

As WJLX did not have its AM site insured, the station is looking to raise a hefty $60,000 to cover the costs of purchasing a new transmitter and tower, along with financing all the various equipment and engineering work needed to rebuild. As of Friday afternoon, the GoFundMe fundraiser has raised nearly $1,400.

“We just want to get back on the air and continue to do great radio,” said Elmore. “Any help will be greatly appreciated. We will build back and be stronger than ever after this.”

Despite the unlikely circumstances of the past week, Elmore says “morale is good.”

“We are a small market station, so we are like a small family,” he told Radio World. “We know we will be back on the air.”

Although both broadcast signals are down, WJLX’s programming can still be streamed on its website.

[Related: “Concrete Truck Brings Down WNIX’s Radio Tower“]

The post WJLX Looks to Rebuild After Having Its Radio Tower Stolen appeared first on Radio World.

Categories: Industry News

Boston Real State Sales Await BK Court OK For Audacy

Radio+Television Business Report - Fri, 02/09/2024 - 15:15

The judge overseeing Audacy Inc.‘s Chapter 11 restructuring case in a Houston federal bankruptcy court is expected to give his approval to a pair of asset sales that don’t involve any of its AM or FM radio stations. Rather, the deals involve real property in Boston, with one of the buyers a major multinational tower owner.

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Categories: Industry News

Milwaukee Bucks Add Two Over-the-Air TV Partners

Radio+Television Business Report - Fri, 02/09/2024 - 13:59

On January 29, RBR+TVBR first reported on an arrangement precipitated by Diamond Sports Group’s bankruptcy restructuring process that will bring play-by-play for the NBA’s Milwaukee Bucks to an over-the-air station in Milwaukee for the first time in 17 years.

Now, deals are in place to ensure viewers in Madison, Wisc., and the Quad Cities of Iowa and Illinois have access to the telecasts.

Ten Milwaukee Bucks telecasts are being moved from Bally Sports Wisconsin to Weigel Broadcasting-owned WMLW “The M,” which airs on Channel 49.

But, that station only covers the Milwaukee DMA. As such, to bring the Bucks to their viewers in the Quad Cities, Weigel struck a deal with TEGNA-owned WQAD-TV. The coverage will appear on its HD3 signal.

WQAD 8.3 through its free, HD over-the-air broadcasts and through the channel’s distribution with cable services.

“We’re thrilled to make these Bucks games available to every fan, and every household, in the Quad Cities,” WQAD President/GM Jim Kizer said.

TEGNA SVP/Media Operations Brad Ramsey added, “We’re grateful for the trust of the Milwaukee Bucks and Weigel Broadcasting. This is an exciting moment in sports, and we’re pleased to strike additional agreements to offer more games to more fans in more homes.”

In Madison, the state capital, it is Morgan Murphy Media-owned WISC-3 and its DT2 “TW” that will serve as that market’s home for the Bucks.

Coverage tied to this package of team games starts February 23.

Morgan Murphy Media VP/GM Lyle Banks said, “For the first time in many years, Milwaukee Bucks games will be available, free and over-the-air, to the viewers of Southwestern Wisconsin and WISC-TV is proud to be the home of them.”

Weigel EVP Evan Fieldman added that the company “is elated to help bring Bucks basketball games to viewers on broadcast television, an accessible and affordable option for all sports fans.”

With much focus this week on a proposed subscription-based video-on-demand sports-centric platform co-owned by The Walt Disney Company, Fox Corporation and Warner Bros. Discovery, how Bucks team president Peter Feigin views the Weigel deal speaks loudly about broadcast TV’s role in bringing pro sports to viewers.

“We’re thrilled to reach Bucks fans on broadcast television stations,” Feigin said. “Over-the-air is an easy and affordable way for Bucks fans to watch our games, and we’re excited to work with Weigel and broadcasters like TEGNA to make them widely available.”

The Bucks will utilize their TV broadcast team of Lisa Byington, Marques Johnson and Steve Novak, with Melanie Ricks reporting from the sidelines for these 10 games.

Categories: Industry News

Who Will Honor Wertlieb at Golden Mic Gala?

Radio+Television Business Report - Fri, 02/09/2024 - 13:43

The presenting speakers at the 2024 Golden Mic Award gala and fundraiser scheduled for March 4 at the Plaza Hotel in New York have been finalized by the Broadcasters Foundation of America.

Paying tribute to the 2024 Golden Mic honoree — Hearst EVP/COO Jordan Wertlieb — are Hearst’s retired Chairman/CEO David Barrett, Hearst Corp. SVP and Hearst Television President Michael J. Hayes, and retired Graham Media Group President/CEO Emily Barr.

Soledad O’Brien will return as host of the event, which will feature a special tribute to the late former longtime BFOA Chairman Phil Lombardo.

Entertainment will be provided by Pete Caldera, who is known as a singer focused on the Great American Songbook.

 

Categories: Industry News

Quirky Methods to Stem Your Fear of Speaking

Radio+Television Business Report - Fri, 02/09/2024 - 13:15

By Rosemary Ravinal

Fear of public speaking and social anxiety surpasses spiders, heights, and even death in some surveys. The anxiety associated with being in person in front of a crowd or on Zoom delivering a speech is a universal experience, but not everyone tackles the fear in conventional ways. Since I started my public speaking coaching practice five years ago, I’ve been collecting whacky, unusual techniques that experienced speakers and performers use to tame the butterflies in their stomachs.

Let’s get something clear. Everyone gets nervous before speaking in public. The difference is how you handle it. Many pros have learned to turn nerves into excitement that energizes their presentations. The once popular but silly idea of imagining your audience naked in their seats demeans them when you should be respecting and valuing their attention.

In my case, I practiced hard to overcome stuttering and panic during my college years by doing live radio. The thought of speaking into a microphone so thousands of people could hear me jolted me into a terrifying awareness that my performance meant life or death. It worked. Years later when I did live commentary on the MSNBC cable network, I approached the red tally light on the camera with a similar defiance. It did help that I couldn’t see the audience watching the broadcast and after a while, live TV became second nature.

Meditation, affirmations, and yoga poses may be considered traditional. If those don’t work, people may seek unique and unconventional ways to relax before facing the spotlight. Here are some quirky and unexpected relaxation and focusing methods people have incorporated into their pre-speech routines.

Laughter
A good laugh engages diaphragmic breathing, i.e. a belly laugh. Laughing triggers the neurons of happiness in your brain and makes you feel alert and excited. Listening to your favorite comedian or watching a clip from a funny movie helps to release tension and create a more relaxed atmosphere. Laughter, after all, is an excellent antidote to fear.

Trampoline Bouncing
Jumping on a trampoline may seem like child’s play, but it’s an effective way to release built-up tension and nervous energy. Some individuals find that a few minutes of bouncing on a trampoline provides a quick and enjoyable physical outlet, promoting a sense of relaxation and readiness. Motivational guru Tony Robbins makes sure to have a trampoline at every event so he can get fired up before going on stage.

Smell Peppermint and Lavender
Peppermint is one of the essences used in aromatherapy. There is evidence that inhaling peppermint oil reduces anxiety. Plus, the menthol in peppermint works as a decongestant to clear your nasal passages and loosen mucus that can affect your voice quality. Lavender is another popular aromatherapy oil with health benefits. It has a sweet floral scent and can act as a sedative to lessen feelings of stress or anxiety.

Singing as Practice
Turning a speech into a song as a pre-speech practice might sound unusual, but for some, it’s an effective way to overcome public speaking anxiety. The rhythmic and melodic nature of singing can add an element of fun to rehearsals, prep the voice to project better, and promote deep breathing. If you understand that voice = breath = energy, you get the picture.

Create a Fear Playlist
Music is an effective antidote to rattled nerves. You can choose songs that calm or energize you. If you want to get pumped up, curate a playlist that boosts your mood and creates a positive association with the performance. A former colleague at Univision network would listen to Freddie Mercury singing “We Are the Champions” before going on-air every day.

 

Do you need help polishing a speech or presentation for work? Let Rosemary Ravinal help you. Private coaching sessions are still available in February. Schedule a quick call with Rosemary to get started.
Categories: Industry News

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