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Sunday, August 7, 2011

"We Live in a Flat World Right Now."

Saga Communications, owners of 91 stations and 5 networks in 26 markets reported net revenue of $33.1 million in Q2 compared to $32.9 million in Q2 of 2010. Saga CEO Ed Christian says his visibility is partly cloudy. "We're living in a slightly up or flat world. It's the thoughts and feelings of our country right now, not because of the dynamics of our business. Radio is a mirror of what's going on. The map is blinking yellow. There is some green  but there is no red." Christian added "we're pacing up, but that changes. We have to get used to eating a small plate restaurants. That's the way it will be the rest of the year."



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