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Items Tagged With: “Saga Communications”
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Saga's Illini Radio Group launches HD "Hits 99.7" in Champaign-Urbana
In Champaign-Urbana, Ill., Saga Communications launches “Hits 99.7” on a translator that’s switching allegiances from rock to CHR. Translator W259BG in Champaign was previously paired with another translator as rock “Extra 92.1/99.7,” fed by the HD-2 multicast signal of Saga’s country WIXY Champaign (100.3). Read More
Radio revenues up about 3% at Saga, for January-March
Saga Communications' topline radio revenues grew from $24.5 million a year ago to $25.2 million, with minimal growth in station operating expense. There was about $600,000 more in operating income, to $5.8 million.
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By the numbers: Saga Communications executive compensation revealed
From the just-filed proxy, going into next month's annual shareholders meeting: President/CEO Ed Christian earned a total $1,242,024 last year, starting with a base salary of $793,000 and adding on a bonus of $350,000 and "other compensation" of $98,025. "Other compensation" includes automobile, medical expense reimbursement, executive medical plan…
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Chet Osadchey returns to hometown Ithaca as VP/GM for Saga Communications
Chet Osadchey joins Saga Communications as the new VP/General Manager for its Cayuga Radio Group, which comprises seven stations in the Finger Lakes/Ithaca, N.Y., market. The Ithaca native’s first job was in radio sales in Syracuse, followed by gigs in Rochester, Hartford and Buffalo, where he was a GM for Citadel and most recently, VP/GM for Cumul… Read More
"The meat and potatoes of this business is still broadcasting", says Saga CEO
Ed Christian tells the Saga Communications conference call that "We are an ‘old technology’ company, and we don’t apologize for it.” He compares radio to Warren Buffett's investment in the railroad business, an even older technology than radio. Saga is “not as bullish as some of the other companies” on “non traditional, streaming” and other busines… Read More
Saga's radio revenues slip about 3% in the latest quarter
Radio division revenue for Saga Communications falls from $29 million to $27.9 million. Expenses were flat at $19.8 million and operating income went from nearly $9.2 million to $8.1 million.
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Saga promotes longtime executives Warren Lada and Cathy Bobinski
Warren, the Senior VP/Operations at suburban Detroit-based radio/TV owner Saga Communications, earns an Executive VP title. Cathy Bobinski adds the title of Senior VP/Finance and Treasurer, while continuing her job as Chief Accounting Officer and Controller.
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"Jammin' 98.3" WJMR Milwaukee adds Baisden; drops Joyner
Saga Communications’ Urban AC WJMR has added the syndicated Michael Baisden show to afternoon drive, starting Monday, February 6. This shifts the lineup at “Jammin’”, moving Earl Stokes to middays (he previously handled noon – 7pm); and former early middayer (9 am – noon) Andrea Williams shifts to mornings as local host. She replaces the syndicate…
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Federal judge approves radio's money-saving deal with ASCAP
Many stations' payments to ASCAP should show a 30% drop for January 2012.Two years of litigation and negotiations have ended, with the approval by Federal District Judge Denise L. Cote of a deal reached by ASCAP and the Radio Music License Committee.
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Ken Carson Named OM For Saga's Five-Station Asheville Radio Group Cluster
Saga Communications’ Asheville Radio Group names Ken Carson Operations Manager for its five-radio station group in the North Carolina market, comprising AC WOXL (Mix 96.5), rock WTMT (105.9 The Mountain), classical WOLX-HD2 (98.1 the River) and sports WISE/WYSE-AM (ESPN Radio 1310 & 970). In addition, Carson will handle PD duties for the Mountain a… Read More
Saga reports Q3 revenue down slightly
Radio division revenue was basically flat, from $28 million last year to $27,885,000 in this year's third quarter. Station operating expenses (slightly over $20 million) and operating income (of about $7.9 million) were unchanged.
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Making Moves: Thursday, October 27, 2011
Washington, DC's news/talk WMAL-AM/FM (630/105.9) promotes Heather Smith to executive producer of the "Morning Majority" morning show ... In McKeesport, Pennsylvania, the legendary 93-year old WEDO-AM (810) host Porky Chedwick announced after a 63-year run that he will be hanging up his headphones ...
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Saga promotes Dave Musante to VP/GM in Northampton, MA
Musante has recently served as the general sales manager of the Saga stations in nearby Springfield, Mass. He first got into radio in 1996 at the Northampton stations as an AE, became the sales manager, then moved south to Springfield in 2007 as the GSM for Saga's classic "Rock 102" WAQY and rock "Lazer 99.3" WLZX. Read More
Affiliates Making Moves
The Wall Street Journal Radio Network's "Daily Wrap" with Michael Castner picks up several Saga Communications stations – WTAX-AM (1240) in Springfield, Illinois; WKVT-AM (1490) in Brattleboro, Vermont; WHMP-AM (1400) & WHNP-AM (1600) in Northampton, Massachusetts; and KGMI-AM (790) in Bellingham, Washington ... Cox Radio's KRMG-AM/FM (740/102.3) i…
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Is "Female News" Threatening AC's Franchise?
In a listener poll that ran on the station Website in its earliest days, Merlin Media’s WEMP (101.9 FM News) New York offered respondents a choice of stations that they currently listen to that included not just All-News AM WINS, the perceived target of the new station, but also AC WLTW (Lite FM) and Top 40s WKTU and WHTZ (Z100). That list of sta…
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Radio stocks hit hard on Wall Street for the 2nd time in three days
The wild roller coaster ride is making for a dizzying time for radio stocks. For the second time in three trading sessions, the Dow Jones Industrial Average plummeted more than 500 points, closing down 519 points on Wednesday.
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Saga Communications Q2: radio revenues unchanged
Saga's net operating revenues for radio stayed right around $28.6 million for the quarter that ended June 30. Expenses were slightly higher and operating income dipped from $8.8 million to $8.6 million.
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Josh Strickland becomes a PD of Saga in Asheville, NC
Strickland comes over to Saga Communications in North Carolina from Citadel, where he was PD of WFMK-FM (99.1) & WJIM-FM (97.5) in Lansing, Michigan and WHTS-FM (105.3) in Grand Rapids. Strickland now becomes PD of Saga's WOXL-FM "Mix" (96.5) & its adult alternative "98.1 The River", an FM translator fed by WOXL's HD2 signal.
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Making Moves: Tuesday, June 21, 2011
Radio-Info confirms that former Washington, DC WMAL-AM (630) reporter Jen Richter is going across town to CBS Radio's WIAD-FM (94.7) as the morning producer/sidekick for Tommy McFly's new "The Tommy Show" ... Also going across town, or in this case across the hall in Indianapolis, is Deacon.
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Saga's new market manager for Norfolk's "Fox" and its siblings is Wayne Leland
Leland starts the day after the July 4th holiday, coming in from Citadel. He is leaving his Northeast Region President's position at Citadel, as the company is about to be taken over by Cumulus later this Summer.
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