BNET Industries

Market Cap:$19.0M
Last Fiscal Year Sales:$139.9M
  • Public
  • US
Dow Jones Description

Saga Communications, Inc. is a broadcast company whose business is primarily devoted to acquiring, developing and operating radio stations, television stations and state radio networks. Saga currently owns or operates broadcast properties in 26 markets, including 59 FM and 30 AM radio stations, 3 state radio networks, 2 farm radio networks, 5 television stations and 4 low power television stations. Saga's strategy is to operate top billing radio and television stations in mid sized markets, defined as markets ranked (by market revenues) from 20 to 200. Saga's radio stations employ a myriad of programming formats, including Classic Hits, Adult Contemporary, Active Rock, Oldies, News/Talk, Country and Classical. Saga's television stations are affiliated with CBS and Fox in Joplin, MO; CBS in Greenville, MS; ABC, Fox, NBC, Telemundo and Univision in Victoria, TX. In operating its stations, Saga concentrates on the development of strong decentralized local management, which is responsible for the day-to-day operations of the stations in their market area and is compensated based on their financial performance as well as other performance factors that are deemed to effect the long-term ability of the stations to achieve financial objectives. Saga began operations in 1986 and became a publicly traded company in December 1992. The stock trades on the New York Stock Exchange under the ticker symbol "SGA".

President and CEO of Northwest Broadcasting and Eagle Creek BroadcastingBrian W. Brady
Number of Employees 871
Contact Information

73 Kercheval Ave

Grosse Pointe Farms, Michigan 48236

sagacommunicati...

(313) 886-7070

NAICS Code Radio Stations: 515112

Recent Events

  • Principi Joins Saga/Charlottesville

    6/03/09 - Mgmt. Change Entering - Other - View Story

  • Sustainable Radio, Part 2

    5/11/09 - Mgmt. Change Leaving - Other - View Story

  • The movie industry strikes back

    5/20/09 - Financial Announcement - View Story

  • Saga Communications Sets Date and Time of 1st Quarter 2009 Earnings Release and Conference Call

    4/26/09 - Financial Announcement - View Story

  • Saga Communications SGA Swings to Q4 Loss

    3/31/09 - Financial Announcement - View Story

  • Saga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2008 Earnings...

    2/10/09 - Financial Announcement - View Story

  • Saga Communications, Inc. Announces Effective Time of Previously-Announced Reverse Stock Split

    1/27/09 - Stock Split / Dividend - View Story

News & Analysis

saga communications inc. - All News and Analysis

Additional Resources

  • Saga Communications, Inc. Reports 1st Quarter 2009 Results

    - 2009-05-07

    GROSSE POINTE FARMS, Mich., May 7 /PRNewswire-FirstCall/ -- Saga Communications, Inc. (NYSE Amex: SGA) today reported net operating revenue for the quarter ended March 31, 2009 decreased 17.2% to $26.1 million. Station operating expense station operating expense includes depreciation and amortization attributable to the stations decreased 5.8% to...

  • OMT Reports Annual Results for 2008

    - 2009-04-29

    OMT Inc. (TSX VENTURE: OMT) announced today the Company's consolidated results for the year ended December 31, 2008. 2008 Highlights: - OMT Inc. and its debt holders have agreed to extend the current debt facilities from July 15, 2009 to July 15, 2011. In parallel, OMT has negotiated a further...

  • Broadcaster Traffic Consortium Expands with New Broadcasting Partners, More RDS and HD Radio Broadcasting Market Coverage

    - 2009-04-20

    Leading radio broadcaster consortium extends coverage to provide real-time location-based data via RDS and HD RadioTM technology Journal Broadcasting, Regent, Saga and Corus Entertainment Radio Bring BTC Contributing Broadcaster Organizations to 16 INDIANAPOLIS, April 20 /PRNewswire/ -- Broadcaster Traffic Consortium, LLC BTC, launched in 2008...

  • Saga Communications, Inc. Announces Date and Time of 1st Quarter 2009 Earnings Release and Conference Call

    - 2009-04-20

    GROSSE POINTE FARMS, Mich., April 20 /PRNewswire-FirstCall/ -- Saga Communications, Inc. (NYSE Amex-SGA) announced today that it will release its 1st Quarter 2009 results at 12:00 p.m. EDT on Thursday May 7, 2009. The company will be holding a conference call on the same date at 2:00 p.m....

  • Saga Communications announces approval for reverse stock split

    - 2008-12-30

    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...

Decision Makers

Name (plus bio) Position
Brian W. Brady President and CEO of Northwest Broadcasting and Eagle Creek Broadcasting
Gary Stevens President and Owner of Gary Stevens & Co.
Robert J. Maccini President
Catherine Bobinski Chief Accounting Officer, Controller & Vice President
Samuel A. Bush Senior Vice President, Treasurer, and Cfo
Samuel D. Bush Cfo, Treasurer & Senior Vice President
Warren S. Lada Senior Vice President, Operations
Marcia Lobaito Vice President, Director of Business Affairs
Bill Wells General Manager
Debbi Gifford General Manager
Dan Trapp Production Director
Doug Cunningham Director
Doug Tisdale Director
Greg Urbiel Director of Engineering
Hugh Massey Director
Janelle Brose Director
Jeff Vettrus Director of Integrated Media
Jerry Oster Director
Jim Anderson Director
John Pullo Director
Kristi Wilson Director
Lara Seaver Director
Michelle Novak Programming Coordinator, Research Director
Paul Scheuring Director
Rebecca Sarlls Program Director
Scott Schubert Marketing Director
Stan Turner Director
Steven J. Goldstein Executive Vice President, Program Director
Tom Rothman Director
Tracy Cleeton Director of It
Colleen Durako Manager, Business
Debbie Auman Manager, Business
Debbie Cross Manager, Business
Jacqueline Schillereff Sales Manager
Nancy Tuppeny Manager, Business
David B. Stephens Business Consultant
Clarke Brown Director

Board of Directors

Name (plus bio) Position
Edward K. Christian President, CEO, and Chairman
Donald J. Alt Chairman, Member
Jonathan Firestone Member, Chairman
Organization Position Status
Northwest Broadcasting Inc. CEO Current
Saga Communications, Inc. President and CEO of Northwest Broadcasting and Eagle Creek Broadcasting Current
Northwest Broadcasting Inc. President Current
Eagle Creek, Inc. Founder Current
Northwest Broadcasting Inc. Founder Current
Saga Communications, Inc. Board Member Current
Saga Communications, Inc. Member, Member Current

Edward K. Christian, President, Chief Executive Officer and Chairman since the company?s inception in 1986, is known as a pioneer in the radio broadcasting industry. From 1977 to 1986, Mr. Christian served as Executive Vice President and subsequently as President of Josephson Communications. From 1974 to 1977, he served as Vice President and General Manager of WNIC-FM in Detroit until the station was purchased by Josephson Communications. Mr. Christian holds a BA from Wayne State University and an MA in Management from Central Michigan University.

Organization Position Status
Saga Communications, Inc. President, CEO, and Chairman Current
Wnic Vice President and General Manager Former
Wnic General Manager Former
Central Michigan University MA In Management Former
Central Michigan University MA In Management Former
Wayne State University BA Former
Central Michigan University BA Former
Organization Position Status
Saga Communications, Inc. President and Owner of Gary Stevens & Co. Current
Gary Stevens President Current
Saga Communications, Inc. Board Member Current
Doubleday Chief Executive Officer Former
Doubleday President Former
Gary Stevens Owner Former
Gary Stevens Jockey Former
Radio Advertising Bureau Board of Directors Former
University of Miami Former

Robert J. Maccini is a Director and stockholder of Media Services Group, Inc., a leading provider of brokerage, valuation and consulting services to the broadcasting industry. Mr. Maccini owns interests in several private radio companies as well as a New England based telecommunications tower company. Prior to forming Media Services Group, Mr. Maccini headed the communications lending group at Old Stone Bank, Providence, RI. Mr. Maccini holds a BA degree in Economics from the College of Holy Cross and an MBA degree in Finance from Babson College. Mr. Maccini has been a board member of Saga Communications, Inc. since 2001.

Organization Position Status
Saga Communications, Inc. President Current
Ando Media, LLC COO Current
Saga Communications, Inc. Director Current
Near Earth LLC Board of Directors Current
Media Services Group, Inc. Director Current
Federal Savings Bank Head Former
Babson College MBA Degree In Finance Former
Holy Cross BA Degree In Economics Former
College of the Holy Cross BA Degree In Economics Former

Catherine A. Bobinski, Vice President since March 1999 and Chief Accounting Officer and Corporate Controller since 1991. Prior to joining Saga, Ms. Bobinski spent four years in public accounting, most recently with Ernst & Young. Ms. Bobinski is a certified public accountant and holds a BA from Michigan State University.

Organization Position Status
Saga Communications, Inc. Chief Accounting Officer, Controller & Vice President Current
Saga, Inc Current
Saga Communications, Inc. Board of Directors Current
Ernst & Young Former
Michigan State University BA Former
Organization Position Status
Saga Communications, Inc. Senior Vice President, Treasurer, and Cfo Current
Saga Communications, Inc. Board of Directors Current
AT&T Capital Corporation Senior Vice President Former
General Electric Capital Corporation Former
Purdue University Ms Former
University of Indianapolis BA Former
Purdue University Management from Krannert Graduate School of Management Former

Samuel D. Bush, is Senior Vice President, Treasurer and Chief Financial Officer of Saga since September 1997. From 1988 until 1997 he served as Vice President and subsequently Senior Vice President and Manager of AT&T Capital Corporation?s Media Finance Group which provided senior debt financing to radio and television companies. Prior to that Mr. Bush worked for several companies in the commercial finance and banking industries including General Electric Capital Corporation and Sanwa Bank. Mr. Bush holds a BA from the University of Indianapolis and an MS in Management from Krannert Graduate School of Management at Purdue University.

Organization Position Status
Saga Communications, Inc. Cfo, Treasurer & Senior Vice President Current
Saga Communications, Inc. Treasurer Current
AT&T Capital Corporation Vice President Former
AT&T Capital Corporation Manager Former
University of Indianapolis BA Former

Warren S. Lada, is Senior Vice President/Operations of Saga since August 1997. From 1991 to 1997 he served as Regional Vice President of Saga Communications of New England, Inc. and Vice President/General Manager of Saga's radio stations, WAQY AM-FM in Springfield, MA. Additionally he oversaw Saga's stations in Manchester, NH and Portland, ME. Prior to Saga Communications, Mr. Lada served in various capacities in sales management and general management with Chase Communications in Stamford, CT at WSTC and WJAZ-FM and in Hartford, CT at WTIC AM-FM. Mr. Lada began his broadcast career in 1976. Mr. Lada holds a BA from the University of Wisconsin, Madison.

Organization Position Status
Saga Communications, Inc. Senior Vice President, Operations Current
Saga Communications, Inc. Board of Directors Current
Saga Communications, Inc. Regional Vice President Former
Saga Communications, Inc. General Manager Former
University of Wisconsin Ba Former

Marcia K Lobaito, Senior Vice President/Director of Business Affairs, with primary responsibilities as Human Resource Director for the company. Ms. Lobaito has been with the company since its inception in 1986. Prior to that, she served as Business Relations Director for Josephson Communications and Client Account Coordinator for Baker, Abbs and Cunningham Advertising. Ms. Lobaito holds a BA from Michigan State University.

Organization Position Status
Saga Communications, Inc. Vice President, Director of Business Affairs Current
Saga Communications, Inc. Board of Directors Current
Michigan State University BA Former
Organization Position Status
Saga Communications, Inc. General Manager Current
Saga Communications, Inc. General Manager Former
Organization Position Status
Saga Communications, Inc. General Manager Current
Saga Communications, Inc. General Manager Former
Organization Position Status
Saga Communications, Inc. Production Director Current
Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Director of Engineering Current
Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former

Janelle Brose has worked hard to become the newest Farm Director of the MFRN. A graduate of Michigan State University’s College of Agriculture and Natural Resources Communications, Janelle has been involved in agriculture since her 4-H days growing up in Monroe County. While at MSU, Janelle was a member of the National Agri-Marketing Association and participated in two different internship programs, the first at Clinton County MSU Extension, and the second with Michigan Farm Radio Network. It was the latter experience where she thrived, discovering her interest in broadcast and her passion for agricultural news. Janelle has shown tremendous ability both on-air and on assignment since beginning at MFRN in February of 2003. She has developed a strong voice and excelled in her position as Farm Director, being recognized for several honors and awards. In 2006, Janelle was named Michigan Farm Bureau's Communicator of the Year. In 2007 she was presented with National Association of Farm Boadcasting Horizon Award and an Honorary FFA State Degree. Janelle looks forward to a long career working in farm radio.

Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Director of Integrated Media Current

A native of Aberdeen, Jerry is a graduate of Lake Area Tech in Watertown and USD at Springfield. He joined the WNAX team in September of 1976 as the news editor. He continued on, taking on more jobs and challenges joining Norm Hilson in coverage of SDSU Jackrabbit football in 1979. From there Jerry became the News Director in 1990, when the legendary Bob Hill retired, where he remains to this day. You can hear Jerry continuing his coverage of SDSU football as well as news on both WNAX and 1041 The Wolf. His talents don’t stop at the microphone, as he is the in-house technical support for all systems at WNAX. He keeps the station running and on-air in the worst of blizzards. Jerry really is a master of all trades. Jerry lives in Yankton with his wife Cheryl and four boys: Ryan, Evan, Colin and Logan.

Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Programming Coordinator, Research Director Current

Paul Scheuring has served as News Director for the various stations within the Monadnock Radio Group since before there even WAS a Group. He came to Keene in 1993 after long stretches in his native Indianapolis and then Cincinnati, where he worked as both News and-or Sports Directors and WXLW and WIFE in Indy, and WCKY and WKRC ("not WKRP, but close!") in Cincinnati. Paul has been on the air at various radio levels since his sophomore year in high school in 1962-63. In addition to reporting news and sports, he hosted sports talk-shows in both his former home towns. He says New England is a perfect fit, as a sports fan; he hates the Yankees, too! But his first sports love is auto-racing...a natural for someone from Indianapolis. And when his early-morning schedule (in the station by 2:30) allows, Paul has been known to tread the boards, including as the male lead in the Lions Club's 2003 presentation of "South Pacific." Paul and his wife Melody have called North Swanzey home for more than 10 years.

Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Program Director Current
Organization Position Status
Saga Communications, Inc. Marketing Director Current
Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
The Conclave Executive Vice President of Saga Communications Current
Saga Communications, Inc. Executive Vice President, Program Director Current
Radio Symposium Current
Saga, Inc Current
Saga Communications, Inc. Board of Directors Current
The Conclave Board of Directors Current
ABC Radio Network, Inc. Anchor Former
Ithaca College BA In Communications Management Former
NBC Universal, Inc. Former
Wabcradio Former
Metromedia Company Former
Ithaca College BA In Communications Management Former
Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Director Former
Organization Position Status
Saga Communications, Inc. Director of It Current
Organization Position Status
Saga Communications, Inc. Manager, Business Current
Organization Position Status
Saga Communications, Inc. Manager, Business Current
Organization Position Status
Saga Communications, Inc. Manager, Business Current
Organization Position Status
Saga Communications, Inc. Sales Manager Current
Organization Position Status
Saga Communications, Inc. Manager, Business Current
Organization Position Status
Saga Communications, Inc. Business Consultant Current
Organization Position Status
Forever Broadcasting Owner Current
Forever Broadcasting Chairman Current
Saga Communications, Inc. Chairman, Member Current
Saga Communications, Inc. Board Member Current
Louisiana State University B.S. Degree In Accounting Former
Organization Position Status
Saga Communications, Inc. Member, Chairman Current
Saga Communications, Inc. Board of Directors Current
Twin Cities Chapter Board of Directors Former
Michigan State University Degree In Communications Arts Former

Mr. Brown joined Jefferson-Pilot Communications as an Account Executive at WQXI-AM/FM in 1967. He continued his career with these stations in Atlanta where he earned the position of General Sales Manager and in 1983 was made an Assistant Vice President. In 1985 Mr. Brown was made General Manager of KSON-AM/FM, in San Diego, and in 1989 was put in charge of the company's Denver radio stations before returning to WQXI-AM/FM in Atlanta as Senior Vice President and General Manager the following year. In 1991 Mr. Brown was appointed President of the Radio Division while continuing his General Manager duties at WQXI-AM/FM. In 1993 he assumed full management responsibilities for all Jefferson-Pilot Communications radio properties including Miami, San Diego, Denver, Charlotte and Atlanta. Saga does not own any broadcasting properties in these markets.

Organization Position Status
Saga Communications, Inc. Director Current
Saga Communications, Inc. Member, Member Current
Saga Communications, Inc. President Radio Division of Jefferson Pilot Former
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     SGA $29.86 +24.76 (485.49% )
Average Volume 9,536
Shares Outstanding 4.26M
Market Cap 127.3M
Year High 29.98
Year Low 0.96
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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