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saga communications inc. - All News and Analysis
Radio Industry: Off-Air Revenue Soars, Despite Overall Slump
Marketing Charts submits: Off-Air (non-spot) revenue has surpassed last year’s midyear forecast by the Radio Advertising Bureau [RAB], and is expected to approach $2B by the end of 2008 - nearly a full year ahead of the projected timeline, the RAB reported. At 9% of...
This Just In.(includes several Detroit business articles)(Brief Article)
As Engler era ends, politicos look to future MACKINAC ISLAND - With Gov. John Engler's administration entering its final six months, thoughts are turning to life after December. The husband-and-wife team of Doug and Sharon Rothwell are keeping an eye out...
Detroit Free Press Michigan Memo Column.(Knight Ridder/Tribune Business News)
Mar. 21--Saga Communications Inc., a Grosse Pointe Farms-based broadcasting company, will purchase all the issued and outstanding membership units of Tak Communications II, from Tak Communications LLC for $7 million. Tak Communications II, at the time of closing, will be the operator and licensee of WKIO-FM...
Detroit Free Press Business Briefs Column.
Knight Ridder/Tribune Business News Oct. 28--AASTROM: Aastrom Biosciences Inc. lost $3.36 million, or 27 cents per common share, with revenues of $163,000, which consist primarily of research grants, in its first fiscal quarter, ended Sept. 30. The Ann Arbor-based developer of...
Saga Communications Inc. announces stock split
GROSSE POINTE FARMS, MI--BUSINESS WIRE--July 7, 1995--Saga Communications Inc. (AMEX:SGA) announced today a five-for-four split of its Class A and Class B Common Stock for holders of record on July 17, 1995, payable July 31, 1995.As a result of the split, the company's outstanding common stock will increase to approximately...
Additional Resources
Saga Communications announces approval for reverse stock split
CORPORATE IT UPDATE-C1995-2008 M2 COMMUNICATIONS LTD Saga Communications Inc, a broadcasting company that acquires, develops and operates broadcast properties, announced on 30 December that its board has authorised a reverse split of stock for the purpose of providing the company with flexibility with respect to possible listing and...
Saga Communications announces approval for reverse stock split
TELECOMWORLDWIRE-30 December 2008-Saga Communications announces approval for reverse stock splitC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Saga Communications Inc, a broadcasting company that acquires, develops and operates broadcast properties, announced on 30 December that its board has authorised a reverse split of stock for the purpose of providing the company...
Saga Communications, Inc. Reports 3rd Quarter 2008 Results
GROSSE POINTE FARMS, Mich., Nov. 4 /PRNewswire-FirstCall/ -- Saga Communications, Inc. today reported that 3rd quarter 2008 free cash flow was approximately flat at $5.5 million. Net operating revenue was also approximately flat with the comparable period in 2007 at $36.2 million and operating income decreased 7.2%...
Saga Communications, Inc. Announces Date and Time of 3rd Quarter 2008 Earnings Release and Conference Call
GROSSE POINTE FARMS, Mich., Oct. 6 /PRNewswire-FirstCall/ -- Saga Communications, Inc. announced today that it will release its 3rd Quarter 2008 results at 12:00 p.m. EST on Tuesday November 4, 2008. The company will be holding a conference call on the same date at 2:00 p.m. EST....
John Manzo Signs With Nova M Radio
Nova M Radio is proud to announce that veterantalk-radio programming/operations specialist John Manzo has signed with theNova M Radio Network as their Chief Operating Officer. John Manzo brings nearly two decades of winning radio experience to Nova M,including very successful stretches with Saga Communications, Jacor, ClearChannel, and most recently with...
OMT Reports Annual Results for 2006
OMT Inc. (TSX VENTURE: OMT) announced today the Company's consolidated results for the year ended December 31, 2006. 2006 Highlights: - The Company delivered strong growth in its key target area of recurring revenue streams, which were up by 32% over the previous year. - Leading radio groups such as...
OMT Reports Annual Results for 2006.
WINNIPEG, MANITOBA, May 1, 2007 CCNMatthews via COMTEX -- OMT Inc. (TSX VENTURE:OMT) announced today the Company's consolidated results for the year ended December 31, 2006. 2006 Highlights: - The Company delivered strong growth in its key target area of...
Saga Communications begins in Ithaca radio
ITHACA - Saga Communications (NYSE: SGA) has completed its acquisition of Eagle Broadcasting after receiving Federal Communications Commission FCC approval for the transaction the two companies entered into last year. Saga paid approximately $13.25 million for Eagle's assets, according to Samuel Bush, Saga's chief financial officer. Bush discussed the deal...
Saga Communications Schedules Date for 1Q Earnings and Conference Call
Wireless News04-02-2005Saga Communications Schedules Date for 1Q Earnings and Conference CallWIRELESS NEWS-April 2, 2005-Saga Communications Schedules Date for 1Q Earnings and Conference Call C2005 10Meters - http:// www.10meters.com Saga Communications announced that it will release its 1st Quarter 2005 results at noon EDT on Tuesday, May 3. The company...
Changing hands.(Business)
Combos WINAAM, WQMZFM and WWWVFM Charlottesville, Va. PRICE: $22 million BUYER: Saga Communications Inc. (Edward K. Christian, president/CEO) owns 83 other stations, none in this market SELLER: Eure Communications...
Changing hands.(Business)
TVs WTVO Rockford, III. PRICE: $20,750,000 BUYER: Mission Broadcasting Inc. (David Smith, president) SELLER: Young Broadcasting Inc. (Vincent J. Young, chairman/CEO) FACILITIES: Ch. 17, 646...
Jonesboro ratings
After holding off the national broadcast giants in the Jonesboro radio market, Saga Communications Inc. of Grosse Pointe Farms, Mich., has given up some ground. According to the recently released spring ratings from Arbitron Inc., in the market's 12-plus listenership (population of 71,800). Clear Channel Communications Inc. of...
Changing hands.(Business)(broadcasting companies acquisitions)
TVs WTBU Indianapolis PRICE: $4 million BUYER: Daystar Television Network (Marcus Lamb, president/CEO) SELLER: Butler University (Bobby Fong, president) FACILITIES: Ch. 69, 9.77 kW, ant....
CEO, others to get awards.(News)(Brief Article)
The Wayne State University Corporate Leadership Awards are Wednesday at the Hilberry Theatre, Detroit. Honorees include Edward Christian, chairman, president and CEO of Saga Communications Inc.; Terry Reiley, president of the Rehabilitation Institute of Michigan, and senior vice president of the Detroit Medical ...
Outtakes
Big communications companies Clear Channel Communications Inc. and Cumulus Broadcasting Inc. are having a tougher go of it in the Jonesboro market, according to the latest Arbitron Inc. radio ratings. Those nationwide companies combine for eight of the top-10 stations in the Little Rock market and eight of...
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- Revenue (Fiscal Year) $144.0M
- Profit (Fiscal Year) $11.0M
- Incorporated: 1986
- CEO: Mr. Edward K. Christian
Saga Communications is a broadcast company primarily engaged in acquiring, developing and operating radio and television stations. Co.'s radio stations employ a variety of programming formats, including Classic Hits, Adult Contemporary, Classic Rock, News/Talk, Country and Classical. Co.'s television stations comprises of two CBS affiliates, one ABC affiliate, two Fox affiliates, one Univision affiliate, one NBC affiliate, one MYTV affiliate and one Telemundo affiliate. As of Dec 31 2007, Co. owned or operated 91 radio stations, five television stations, four low-power television stations and five radio information networks serving 26 markets throughout the U.S.
Competitors
Stock Quote
Board of Directors
Mr. Edward K. Christian Chairman
Mr. Clarke R. Brown Jr.
Mr. Gary Stevens
Mr. Donald J. Alt
Mr. Brian W. Brady
Mr. Jonathan L. Firestone
Mr. Robert J. Maccini
Contact Information
73 Kercheval Avenue
Grosse Pointe Farms, MI
313 886-7070
NAICS Code
Radio Stations: 515112
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