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Saga Communications Q2 Net Revs Down 47.3% to $16.9M

Saga Communications

Saga Communications reported second quarter net revenue fell 47.3% to $16.9 million from 32.1 million in 2019. Station operating expense decreased 18.4% to to $18.6 from $22.8 million. Operating income fell to a loss of loss of $8.6 million, down 23.2% from an operating income of More

Bob Lawrence Exits Saga Communications After 5 Years

Bob Lawrence

Saga Communications VP/Programming Bob Lawrence has resigned from the company, effective immediately. He joined the radio group in 2015 as Vice President and Group Program Director. Lawrence previously served as President and CEO of Pinnacle Media Worldwide, a company that worked with radio clients in the More

KAZR/Des Moines PD Ryan Patrick Exits in Restructuring Move

Ryan Patrick

Ryan Patrick exits Saga Communications' Active Rock KAZR-FM (Lazer 103.3)/Des Moines, IA as Program Director and midday host after 17 years in a restructuring move. He also served as also the Marketing Manager of the Des Moines Radio Group (since 2010) and Program Director of CHR KIOA-FM-HD2. In a post More

Saga Temporarily Suspends its Quarterly Cash Dividends

Saga Communications

Saga Communications has announced that its board of directors is temporarily suspending the quarterly cash dividend in response to the continued economic uncertainty of the impact of COVID-19. Additional actions being taken to conserve the company's cash position include reducing More

Phil Zachary Appointed GM of Saga's Portland Radio Group

Phil Zachary

Saga Communications/Portland, ME appoints 46-year radio vet Phil Zachary as GM of its Portland Radio Group replacing Bob Adams. Most recently, he was Senior VP/Market Manager for Entercom/Washington, DC. Zachary joined the DC cluster in 2018 after heading the company's co-owned local group in Hartford. He More

Bob Adams Exits Portland Radio Group as President and GM

Bob Adams

Portland Radio Group President and General Manager Bob Adams exits the Maine station group after more than five years, reports the Portland Press Herald. Adams joined the Saga-owned stations back in 2014. Previously, he spent almost 14 years as VP/GM at then Citadel and the now Cumulus Media cluster More

Report: Kirshbaum Says She Was Fired Over Health Concerns

Randi Kirshbaum

Longtime Portland air personality Randi Kirshbaum claims she was fired on Monday from Saga's Portland Radio Group -- where she served as Program Director -- for refusing to return to her office over COVID-19, reports the Portland Press Herald. The 38-year market vet, who aired on WCLZ-FM and WPOR-FM, More

Saga Communications Q1 Net Income Increases 22.6%

Saga Communications

Saga Communications reported first quarter net revenue of $26.1 million down from $27.8 million in 2019. Gross political revenue increased $963,000 to $1 million, while station operating expense fell $964,000 to $22.2 million and operating income rose $202,000 to $2.2 million. The More

For Radio, Pandemic Means Budget Cuts, Furloughs and Layoffs

The coronavirus pandemic has resulted in significant cuts and layoffs in the radio industry. Townsquare CEO Bill Wilson announced through a company memo that 65 employees have been laid off including 26 at the corporate level on top of the series of cuts the company made at some of its markets More

Saga Communications Q4 Net Revs Fall Slightly, Earnings Down

Saga Communications

Saga Communications reported fourth quarter net revenue of $31.8 million as compared with $32.9 million in 2108. Gross revenue was flat at $33.7 million. Station operating expense decreased $711,000 to $23.1 million and operating income declined $575,000 to $5.4 million. The company More

Thom Callahan Exits SCBA for Post at Saga Communications

Thom Callahan

Southern California Broadcasters Association President Thom Callahan is leaving the trade organization after eight years to become Director of Business Development for Saga Communications. SCBA Chairman Miles Sexton will serve as interim President, effective February 1, while the group seeks a permanent More

"Chachi Loves Everybody" Podcast Releases Three New Episodes

Dave Chachi Denes

Benztown has released three new episodes of "Chachi Loves Everybody," a new original podcast produced by Benztown and featuring Benztown President and audio brand builder Dave "Chachi" Denes. The new episodes feature Chachi's one-on-one interviews with Bob Lawrence, VP of Programming, Saga Communications, More

Saga Communications Signs Multi-Year deal with Aptivada

Aptivada announced today Saga Communications has signed a company wide multi-year agreement to utilize Aptivada's platform for all online promotions solutions. "In 2020, Saga is focused on creating unique and innovative solutions for audiences and clients within 120 of our local More

Saga Closes on FM Translator Acquisition in Manchester NH

Saga Communications

Saga Communications has closed on its previously announced acquisition of FM translator W295BL (106.9)/Manchester, NH, from Basic Holdings LLC for $200,000. Saga also owns Talk WFEA-AM (1370), Classic Hits WMLL-FM (96.5 The Mill), Hot AC WZID-FM and Classic Hits W231BR (Rewind 94.1) More

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