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Company News

Journal Broadcast Names Dominic Fails VP/Sales Journal Broadcast Group names 20-year media sales vet Dominic Fails as VP/Sales overseeing the sales strategy for local, national, digital and new media advertising at its 13 television and 33 radio stations. He will be based in Milwaukee. Most recently Fails served as VP/Sales with Telemundo's KTMD-TV/Houston. " More

RTDNA Study Shows Radio Newsroom Salaries Flat According to a Radio-Television Digital News Association (RTDNA) and Hofstra University survey of radio newsrooms, salaries were flat in 2009 following a 1.8% decline in 2008. News directors, reporters, producers and sports reporters' salaries were up slightly, while news and sports anchor salaries were down somewhat. More

Fox Sports Signs Philly Sports Journalist Gargano After announcing the additions of Pat O'Brien and Mike North, Fox Sports Radio taps Philadelphia sports writer and talk host Anthony Gargano to join the network's national lineup. He currently hosts middays on Sports WIP-AM/Philadelphia, since January, 2000. He also hosts pre-game and post-game shows for the Philadelph More

Journal Broadcast Group Hires 3 Financial Analysts Journal Broadcast Group hires Scot Stokes, Stacy Schmidt and Guillermo Greig as financial analysts for the company. Stokes, Schmidt and Greig will be responsible for leading profit planning, forecasting and providing financial support to their assigned markets to drive operating earnings in their respective operational markets. More

Journal Extends Credit Facility Through 2013 Journal Communications, parent of Journal Broadcast Group has amended its revolving credit facility and extended its maturity date. The amendment provides for a revolving facility with commitments of $299 million, $74 million of which matures on June 2, 2011 and $225 million of which matures on December 2, 2013. "We are pl More

Tauna Lange Named Journal/Boise ID News Director Tauna Lange is named News Director for Journal Broadcast Group's cluster in Boise, ID, which includes three TV stations, four radio outlets and several digital and web news products. Lange comes to Journal after four years as News Director at channel 6 in San Diego. "We are fortunate that we can help bring Tauna back home More

McCredden Named PD at KQTH (The Truth)/Tuscon Ryan McCredden joins Journal Broadcast Group as PD of News/Talk KQTH (104.1 The Truth)/Tucson, effective August 30. Ryan joins Journal from KRLD-AM/Dallas, where he served as Assistant PD since 2006. He's also handled Executive Producer duties for the Texas Rangers Radio Network. Prior to that he worked as APD for WTDY-AM and WJ More

WTMJ/Milwaukee's Green to Retire After 41 Years A local industry legend will retire from WTMJ-AM (Newsradio 620)/Milwaukee at the end of 2010, concluding a 41-year run. Jonathan Green, host of "The Green House" radio show, said Thursday that he will retire at the end of the year and he chose to make the decision public before his show started its final run at the Wisconsin St More

Emmis Vote Delayed, Preferred Stock Offer Extended A planned shareholder vote for Tuesday to consider CEO Jeff Smulyan's bid to take the company private was postponed until Friday after it did not receive the necessary votes to reach a quorum. The Indiana Business Journal reports that a revised buyout could be in the works for more than the current $2.40 per share offer. More

Emmis Shareholders Go to Court to Slow Down Deal Emmis shareholders, who are challenging President/CEO Jeff Smulyan's JS Acquisition in a bid to take the company private, were in court on Monday seeking a temporary restraining order to block the buyout, reports the Indianapolis Business Journal. The group wants the August 3 deadline for shareholders to accept a buyout o More

Journal Q2 Revenue Flat, Loss Swings to Profit Journal Communications posted second quarter revenue of $104.4 million, essentially flat over $104.3 million in 2009. Operating margin grew to 13.8% from a negative 9.1% margin last year. Operating earnings climbed to $14.4 million compared to an operating loss of $9.5 million. The company reported net earnings of $8.1 million ( More

Former Radio Host Sues Minneapolis Newspapers Former syndicated "Follow the Money" host Pat Kiley, who was targeted by the SEC after promoting investment opportunities that turned out to be fraudulent, has filed a $42 million lawsuit against the two Minneapolis newspapers, the Star Tribune and the Pioneer Press. He filed the lawsuit in Minneapolis' U.S. Distri More

Former Indiana U Sports Host Leary Pleads Guilty Former Indiana University basketball player Todd Leary, who had been their radio reporter for the past nine seasons, has pleaded guilty to fraud. He was arrested after being arrested before the IU-Purdue game in February on a warrant charging him with fraud with real estate funds. Under a plea deal, Leary can cut his three years More

KLIO-AM/Wichita to Air Original AT40 Programs Casey Kasem's Original "American Top 40" from the 70's will debut July 25 on Journal's KLIO-AM (True Oldies 1070)/Wichita. The countdown, digitally remastered and in its original broadcast form, will air every Sunday morning at 10am. Featuring the weekly countdowns that ran from 1970-1978, the show is currently heard on more tha More

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