header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather


 
Calendar
Today in
S.C.V. History
March 28
1934 - Bouquet Canyon Reservoir, replacement for ill-fated St. Francis Dam & reservoir, begins to fill with water [story]
Bouquet Reservoir


By Jason Schaff

The 99-year-old Santa Clarita Valley Signal newspaper has been sold to Westridge residents and longtime publishers Richard and Chris Budman, The Signal announced Thursday.

Richard Budman was publisher of The Signal from 2004-07.

In a meeting Thursday morning, former Signal Publisher Chuck Champion informed staff of the purchase. Champion of Paladin Capital Partners had owned The Signal with business partners Gary Sproule, Russ Briley and Ken DePaola since January 2016.

The sale is effective immediately.

“I am very proud to be back at The Signal. I love this paper. I love Santa Clarita,” Richard Budman said. “My mission is to build on The Signal’s rich history of providing vital and quality information to our community.”

The Budmans bought The Signal’s parent company Paladin Multimedia Group in an equity purchase at an undisclosed price.

Richard Budman, who has been in the publishing business for 30 years, said he intends to boost The Signal’s presence in the community by expanding the publishing of the newspaper to six days a week from the current five days. The Signal cut back to publishing five days a week from seven days in 2015.

He said the Sunday newspaper will be distributed free to 75,000 households in the Santa Clarita Valley to give “full value to advertisers.”

He added that there will be an expansion in staff and resources so that the editorial content can be expanded and more advertising can be sold.

“We’re going to make the paper relevant again,” he said.

In addition to being Signal publisher from 2004-07 and a minority owner of the newspaper with Morris Multimedia during that time, Richard Budman founded Santa Clarita Living magazine in 2001, as well as the Santa Clarita This Week newspaper.

For the last several years, he has owned news and lifestyle publications in the communities of the South Bay.

Richard Budman said that in addition to adding a Sunday newspaper, the new owners plan to boost the marketing of The Signal to boost its brand throughout the Santa Clarita Valley.

This story originally appeared in The Signal.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

3 Comments

  1. Jeanne says:

    Take a look at the comment section in the Signal about Bouquet Kmart and then look at the SCV News comment section. Nobody bothers commenting on the Signal.
    It doesn’t look like a newspaper when you open it up online. I like the front page the way it used to be. I like the free exchange of ideas without all the censoring.No dirty words is okay though.Truth be told the SCVNews could cut down on allowing the dirty words.
    We could rally each other to causes like the no deal on taking down bill boards in exchange for allowing huge electronic billboards to surround our town off both freeways. We caused real change with the Bella the cat murder at the shelter which now really treats their mission like a rescue org.
    Bring back the SIGNAL like it used to be!!

    FYI I will still love the SCVnews that I am used to now.

    • SCVNews.com says:

      Thank you… we do a search for dirty words every couple of days and automatically remove those posts (without reading them).

Leave a Comment


Latest Additions to SCVNews.com
To support the mental health of California's young people, the California Department of Public Health awarded $25 million to 28 tribal and community-based organizations across the state.
California Announces $25 Million in Awards for Youth Mental Health
The College of the Canyons Athletic Department will host a dedication ceremony to unveil the Michele Jenkins Softball Team Room in honor of the longtime board member and ardent softball program supporter’s nearly 40 years of service to the district.
April 16: COC to Host Michele Jenkins Team Room Dedication Ceremony
PFLAG Santa Clarita has announced the establishment of the Peggy and Jeff Stabile PFLAG SCV Scholarship. The scholarship will provide financial assistance to LGBTQIA+ students pursuing higher education and committed to advocating for LGBTQIA+ rights and promoting diversity and inclusion.
PFLAG SCV Announces Stabile PFLAG Scholarship
1934 - Bouquet Canyon Reservoir, replacement for ill-fated St. Francis Dam & reservoir, begins to fill with water [story]
Bouquet Reservoir
The California Department of Public Health launched the “Never a Bother” campaign, a youth suicide prevention public awareness and outreach campaign for youth, young adults, and their parents, caregivers, and allies.
California Launches New Youth Suicide Prevention Campaign
The Santa Clarita Master Chorale invites the community to "Let the Sunshine In," a delightful evening of food, wine and song at the annual Cabaret & Cabernet fundraising benefit.
April 20: Santa Clarita Master Chorale’s Cabaret, Cabernet Fundraiser
The Los Angeles County Department of Public Health cautions residents who are planning to visit the below Los Angeles County beaches to avoid swimming, surfing, and playing in ocean waters:
March 27 Ocean Water Warning
As an integral ingredient necessary to help the Santa Clarita Valley to flourish, feedback from the business community is the secret sauce for achieving great things.
SCVEDEC Asks For the Business Community’s Opinion on Santa Clarita
Raise your heart rate while raising funds for the Santa Clarita Sister Cities Dollars-for-Desks campaign to provide school desks for students in Sariaya, Santa Clarita's Sister City in the Philippines.
April 13: Sister Cities Zumba-thon Fundraiser
Remo, Inc. is is the world's leading manufacturer and developer of synthetic drumheads and shells. They’ve been in business for 60 years
SCVEDC Company Spotlight: Drumming Up Big Business with Remo, Inc.
California State Assemblywoman Pilar Schiavo (D-Chatsworth) and Assemblyman James Ramos (D-Highland) have introduced AB 3074 the "School or athletic team names: California Racial Mascots Act."
Schiavo Introduces Bill to Prohibit ‘Derogatory’ School Mascot Names
Los Angeles County’s Justice, Care and Opportunities Department  in collaboration with Local Initiatives Support Corporation Los Angeles is proud to announce the 2nd Annual Pitch Competition for the cohorts of JCOD's Incubation Academy.
March 28: JCOD Incubation Academy Helps Grassroots Non-Profits For the Second Year
Children’s Bureau is seeking foster families and now offers two virtual ways for individuals and/or couples to learn how to help children in foster care while reunifying with birth families or how to provide legal permanency by adoption.
April 18: Children’s Bureau Hosts Virtual Orientation
The Sunburst track was constructed in 1887 by the Southern Pacific Railroad and was a part of the main line running between San Francisco and Los Angeles.
Enjoy Spring With a Ride On The Sunburst Track
California State Superintendent of Public Instruction Tony Thurmond hosted a Personal Finance Summit today where he announced his support for Assembly Bill 2927 (McCarty), legislation that would require a personal finance education course for California high school graduation.
State Superintendent Announces Support for Personal Finance Graduation Requirement
1847 - Probable birth date of Pico Canyon oil driller Charles Alexander Mentry [story]
C.A. Mentry
The first Music Jam Session at The MAIN was held on Thursday, Feb. 22 and was a hit. Come out and join in for the next one on Thursday, March 28 7 p.m.-9 p.m.
March 28: The MAIN to Host Musicians’ Jam Session
Los Angeles County Inspector General Max Huntsman of the Office of Inspector General has issued a report entitled "Tenth Report Back on Implementing Body-Worn Cameras in Los Angeles County."
Office of Inspector General Issues Latest Report on LASD Body Cams
College of the Canyons women's tennis played to a convincing 7-2 conference win over Ventura College on Moica to strengthen its potential playoff resume.
Canyons Closes Out Ventura 7-2 in Final Home Match
Join the Santa Clarita Valley Chamber of Commerce with the Latino Business Alliance at the Cinco de Mayo Networking Celebration on Tuesday, May 7.
May 7: Latino Business Alliance Cinco de Mayo Celebration
The Los Angeles County Department of Animal Care and Control is hosting March Meowness promotion where all cat adoptions are just $15 from now until April 9.
Adopt a Cat During March Meowness at Castaic Animal Center
California State University, Northridge is partnering with the Fernandeño Tataviam Band of Mission Indians and the Tataviam Land Conservancy to battle the impact of climate change in disadvantaged communities throughout the San Fernando Valley by establishing “urban forests.”
CSUN Partners with Fernandeño Tataviam Band to Build Urban Forests
Join the Santa Clarita Artists Association on Monday, April 15, 6:30-8:30 p.m. at Barnes and Noble, 23630 Valencia Blvd., Valencia, CA 91355, for the SCAA monthly meeting and guest demonstrator.
April 15: SCAA Presents Debbie Abshear Watercolor Demo
SCVNews.com