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SMG Withdraws Q1 2020 Guidance Due to Impact of COVID-19


Salem Media Group
Salem Media Group

Salem Media Group is withdrawing its revenue and operating expense guidance for the first quarter of 2020 due to the growing social and economic impact of the COVID-19 pandemic. Based on current indications, Salem expects total first quarter 2020 revenue will be less than previously projected as a result of decreased revenues from advertising, programming, events and book sales.

Due to continuing uncertainties regarding the ultimate scope and trajectory of COVID-19's spread and evolution, the effects of the pandemic on Salem's audiences, programmers and advertisers, and current and potential future governmental restrictions that may be adopted in the markets in which Salem operates, Salem says it's impossible to predict the total impact that the pandemic may have on its business.

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Fred Jacobs to Step Down as Jacobs Media President
Fred Jacobs
Fred Jacobs
Jacobs Media founder and President Fred Jacobs will step down at the end of 2026, with his brother, Paul Jacobs, succeeding him. Fred will become Chairman and remain involved in research, select client work and other areas of the business. "I've been thinking about this for a couple of years now, and I'm More

Civic Media's IA, IL Station Deals Total $3.3 Million
Civic Media
Civic Media
Civic Media's planned acquisition of 16 radio signals in Iowa and Illinois carries a combined purchase price of $3.3 million, according to asset purchase agreements filed with the FCC. Financial terms were not disclosed when the transactions were announced in October. Under More

Zimmer Names Mike Stern Director of Programming
Mike Stern
Mike Stern
Zimmer Communications has named Mike Stern Director of Programming, effective November 16. The veteran programmer joins the company after 13 years as a consultant at Jacobs Media, where his clients included Zimmer for more than a decade. Stern will oversee programming, music and on-air strategy across More

Voiceover Talent Steve 'Zeus' Stewart Dies at 59
Steve ''Zeus'' Stewart
Steve ''Zeus'' Stewart
Steve "Zeus" Stewart, a voiceover talent whose work spanned radio imaging, television networks and sports promotions, died October 26 at age 59, according to his obituary. He lived in Little River, SC. A cause of death was not disclosed. Born Steven Curran Stewart in Greensboro, NC, he grew up in Raleigh More

KS95 Names Gabe & Angie to Afternoon Drive
Greg and Angie
Greg and Angie
Hubbard's KSTP-FM (KS95) in Minneapolis-St. Paul has named Gabe Glidden and Angie Morales as its new afternoon hosts, effective December 28. The duo most recently hosted mornings at BIG 98.7 in Fargo-Moorhead. "We're thrilled to welcome Gabe & Angie to KS95," said Hubbard Vice President/Brand and Content More

Nikki Preston Joins Kiss 98.5 Buffalo Morning Show
Nikki Preston
Nikki Preston
Audacy's WKSE-FM (Kiss 98.5) in Buffalo has added Nikki Preston as morning co-host alongside Nicholas Picholas and Wease. The show airs weekdays from 6-10am ET. Preston returns to Western New York after more than a decade working in Southern California. She most recently hosted middays on 96.7 KCAL Rocks. More

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