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Company News

WABC Launches John Batchelor into Syndication WABC Radio Syndication is now offering "The John Batchelor Show" via satellite from 9pm-1am Saturdays and Sundays. Described by some as "Matt Drudge meets Coast to Coast," Batchelor offers breaking news, story-telling, and interviews as Batchelor regularly taps into sources from Hong Kong to Kabul and from Jerusalem More

Salem to Offer $300 Million of Senior Secured Notes Christian radio broadcaster Salem Communications intends to offer $300 million in senior secured second lien notes due 2016 to qualified institutional buyers. Salem intends to use the net proceeds and the borrowings under a new $30 million senior secured credit facility to repay its existing credit facilities and its More

Salem Q3 Total Revenues Fall 10.2% to $48.9 Million Christian radio broadcaster Salem Communications reported a total revenue decline for the third quarter of 10.2% to $48.9 million from $54.4 million. Operating expenses decreased 20.8% to $54.4 million from $68.7 million, while operating loss from continued operations was $5.5 million. The company posted a net loss of $4.6 More

Premiere Declines to Renew Limbaugh with Curtis Premiere Radio has reportedly declined to renew syndicated Rush Limbaugh past December 31 on Curtis Media's WPTF-AM/Raleigh and WSJS-AM/Winston-Salem. Both outlets have carried Limbaugh's show for over 20 years. Curtis Media President/COO Phil Zachary said the move "was not unexpected, but it nevertheless isn't any easier to More

Forecast: $250 Million in Political for Radio in 2010 Wells Fargo senior analyst Marci Ryvicker is forecasting that 2010 political advertising figures will reach $3.3 billion, up 11% over 2008. She says that $2.1 billion will be allocated to broadcast television (67% rise) and $250 million allocated to terrestrial radio (8% gain). Issue advertising could approach $1 billion in More

Liquid Compass Inks Saga, Salem to Multi-Year Deals Denver-based Liquid Compass inks deals with Christian radio broadcaster Salem Communications and Saga Communications to join its streaming radio network. Combined, the multi-year contracts add 154 stations in major and top 50 markets to the Liquid Compass network. "The speed, guaranteed uptime and quality of Liquid More

Salem Media/Boston Appoints Pat Ryan as GM Salem appoints Pat Ryan General Manager of its three Boston radio outlets Christian Talk WEZE-AM, Christian Talk WROL-AM and Spanish Religious WWDJ-AM (Radio Luz). Ryan, a Boston native, is a 14-year broadcasting vet, all in the Salem/Boston cluster. Most recently, she served as the cluster's General Sales Manager since 2007. More

Salem/New York New Home for Syracuse Sports Salem News/Talker WNYM-AM (970 The Apple)/New York will be the home of Syracuse Football and Basketball for the next 2 years. The Apple will carry all of the football games and The Big East basketball schedule. "Syracuse and AM 970 The Apple are a perfect fit featuring the powerhouse basketball and football program of the More

GSN Radio Extends Reach to More Than 70 Affiliates The Game Show Network-supported GSN Radio adds KBHI-FM/Sikeston, MO, as its latest affiliate, upping its count to more than 70 stations. The unique radio show makes a habit of giving away thousands of dollars during each program. GSN and its "Blast of Cash" will offer more than $250,000 in possible cash giveaways during a More

Salem Q2 Revs Drops 12.8%, Earnings Swing to Loss Christian radio broadcaster Salem Communications posted a 12.8% drop in second quarter total revenue to $50.1 million from $57.5 million in 2008. Operating loss from continued operations was $6.5 million as compared to operating income of $10.3 million. Salem reported a net loss of $5 million (21 cents) from net earnings of More

Metro Traffic Adds Three Citadel Outlets in Dallas Metro Traffic/New York inks three new Citadel stations to join its affiliate lineup in Dallas-Fort Worth: News/Talk WBAP-AM, Country KSCS-FM and Oldies KPMZ-FM. Metro Traffic will provide on-air and online traffic reports to improve daily commutes for the stations' listeners. Metro Traffic delivers traffic and/or news More

Rick Thomas to Exit Finest City/San Diego for Hawaii Rick Thomas is exiting Finest City/San Diego at the end of July where he oversaw the programming of XHRM-FM (Magic 92.5) and XHTZ-FM (Z90.3). He's returning to Hawaii for a undisclosed position, but a memo from Finest City CEO Trip Reeb says Thomas will will become Director of Programming for a 5-station cluster, and he will More

Ron Stone Appointed Salem Media/Minneapolis GM Salem Communications appoints Ron Stone as General Manager of its 3-station group in Minneapolis, including Christian Talk KKMS-AM, Business Talk KYCR-AM and Talk WWTC-AM. A 25-year industry vet, he comes to Salem from Midwest Communications, where he served as GM for its 6-station cluster in Duluth, MN, until last May. More

Salem Q1 Revenues Down 10.7%, Earnings Decline Salem Communications posted a first quarter revenue decline of 10.7% to $48.3 million from $54.1 million. Operating income (OI) from continued operations decreased 31.3% to $8.8 million from $12.8 million. The Christian radio broadcaster reported a net income of $2.9 million (12 cents per diluted share) as compared to $5 More

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