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

Inside
Weather
Santa Clarita CA
Partly sunny
Partly sunny
94°F
 
Calendar
Today in
S.C.V. History
June 22
1972 - Vasquez Rocks added to National Register of Historic Places [list]


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
The Master's University women's cross country team released its 2018 schedule Friday, the highlight coming Nov. 3 when it hosts the Golden State Athletic Conference Championships at Central Park in Saugus.
TMU Women’s Cross Country Releases 2018 Schedule
Minimum wage laws change July 1, so the Santa Clarita Valley Economic Development Corporation and SCV law firm Poole & Shaffery, LLP will present a "Minimum Wage Forum" at College of the Canyons' University Center on Wednesday, August 1 from 7:30 a.m. to 10:30 a.m.
August 1: Minimum Wage Forum at COC University Center
Allison Needham of the Santa Clarita Valley Economic Development Corporation outlines the top five digital trends shaping 2018 so far.
It’s Personal: 5 Digital Trends Shaping 2018
The Robert T. Brentnall Pawsibilities Foundation, a Santa Clarita-based nonprofit animal rescue organization (Tax ID# is 47-5634745), is asking the community to help a family with a litter of German shepherd puppies, by adopting one or donating funds to help care for them.
Animal Rescue Group Seeks Help for German Shepherd Puppies
CalArts School of Art faculty member Shirley Tse will represent Hong Kong at the 2019 Venice Biennale in Venice, Italy, happening now through November 2019.
CalArts’ Shirley Tse to Represent Hong Kong at Venice Biennale
University administrators are falling short in their responsibilities to swiftly hold accountable staff and faculty named in sexual violence complaints and align disciplinary policies with federal guidelines, according to a state audit released Thursday of three University of California campuses.
UCLA, 2 More UC Campuses Faulted for Sex Misconduct Process
The Academy of Motion Picture Arts and Sciences is proud to announce commitments from four additional industry partners – AMC Networks, Moving Picture Institute, Telsey + Company, and Xperi – to participate in Academy Gold, an entertainment industry-wide internship enhancement and mentorship program for students and young professionals from underrepresented communities.
Academy Launches Summer ‘Gold’ Diversity Internships
The Los Angeles County Board of Supervisors in their meeting Tuesday will consider a motion urging California to create an emblem program for licensed cannabis stores so consumers will know which stores are legal.
Supes Propose Statewide Cannabis Store Licensing Program
The JetHawks began the second half of the 2018 season with a win, beating Inland Empire, 7-5, at The Hangar Thursday night.
JetHawks Start Strong in Second Half, Beat IE 7-5
After four weeks of spirited voting, USA Today announced Friday that readers have voted Six Flags Magic Mountain the winner of the 2018 Best Theme Park contest.
USA Today: Six Flags Magic Mountain No. 1 Theme Park
The next meeting of the Los Angeles County Board of Supervisors is set for Tuesday, June 26, starting at 9:30 a.m.
June 26: LA County Board of Supervisors Meeting
The state of California has a list of more than 10,000 known individuals in illegal possession of firearms, but has not provided adequate resources for law enforcement to recover their weapons, Assemblyman Dante Acosta (R-Santa Clarita) said in a statement Friday.
After Firearms Raid, Acosta Calls for More Law Enforcement Funding
A voter-approved ballot measure aimed at reducing California’s prison population and ending racial disparities in the war on drugs has produced most of the cost-saving, equity-focused results it promised, with some exceptions, according to a study published Thursday.
Study: Prop. 47 Decreased Racial Disparities in Drug Arrests
A Santa Clarita Valley Sheriff's Station deputy reportedly clocked a Las Vegas woman driving 93 miles an hour near the Saugus Speedway and arrested her on charges of excessive speed and reckless driving late Wednesday night.
Nevada Woman Arrested for Speeding, Reckless Driving in Saugus
1972 - Vasquez Rocks added to National Register of Historic Places [list]
The ARTree still has openings for next week's Junior Arts Sampler and "I Made That!" pastel classes.
ARTree Summer Classes Still Available
The Santa Clarita Arts Commission will hold a study session, Monday, June 25, at 6:30 p.m.
June 25: Arts Commission Study Session
The California Enterprise Development Authority will hold a teleconference meeting, Thursday, June 28, 2018 at 10:30 a.m.
June 28: California Enterprise Development Authority Teleconference Meeting
The Santa Clarita City Council will hold a special meeting Tuesday, June 26, at 5:30 p.m.
June 26: Santa Clarita City Council Special Meeting
Firefighters are battling a brush fire at the Sunshine Canyon Landfill that started around 3:00 p.m. Thursday.
Firefighters Battling 1-2 Acre Fire Near Newhall Pass
Glenn Frankel and Keri Walsh have been named 2018 Academy Film Scholars by the Academy of Motion Picture Arts and Sciences.
Academy Honors 2018 Film Scholars
Join the Santa Clarita Valley Chamber of Commerce and Sweat Box Sauna Bar as they celebrate the opening of their new location.
June 27: Grand Opening Celebration Sweat Box Sauna Bar
Fresh Mustang connections to Major League Baseball didn't end with the draft earlier this month. Master's graduate David Sheaffer, who transferred before his final collegiate season to pursue an international MBA program, signed a free agent contract with the Seattle Mariners on June 10.
TMU Alum Signs with Seattle Mariners
There are spots still available on the Saugus Spartans Football program for kids between the ages of 6-8 years old.
Spots Still Open on Saugus Spartans Football Program
An already extremely tight inventory bumped into rising interest rates to further complicate home sales during May in the Santa Clarita Valley, which saw drops in home and condominium closed escrows compared to a year ago, the Southland Regional Association of Realtors reported Thursday.
SCV Home, Condo Sales Drop Amid Tight Inventory, Rising Interest Rates
Detectives from the Santa Clarita Valley Sheriff's Station are looking for a male suspect who stole a tip jar from a local coffee shop. Details below are from the Facebook page of the SCV Sheriff's Station:
Detectives Seek Public’s Help in Nabbing Tip Jar Thief
Adoption is a meaningful way for individuals and couples to fulfill their dream of parenting. There are approximately 64,000 children in foster care in California.
July 28: Children’s Bureau Foster Care, Adoption Information Meeting
The Los Angeles County Sheriff’s Department will be conducting a specialized Motorcycle Safety Enforcement Operation on Friday, June 22, in the city of Santa Clarita in an effort to lower deaths and injuries.
LASD to Conduct Specialized Motorcycle Safety Operation
LOS ANGELES – According to the South Coast Air Quality Management District, air quality will be unhealthy for all individuals in Santa Clarita Valley and for sensitive individuals in East San Gabriel Valley area tomorrow, Friday, June 22.
Air Quality Advisory Issued for SCV
1941 - Ernie Hickson buys out Trem Carr's interest in their Monogram movie ranch, renames it "Placeritos" (later called Melody). [story]
CalArts alumna and faculty member Brigette Barrager (BFA Film/Video 07) was awarded the Christopher Award for Distinguished Achievement for her illustration of "Pocket Full of Colors."
CalArts Faculty Brigette Barrager Wins Christopher Award
"Window Lace," the first exhibit by CalArts students to be presented at the Westfield Valencia Town Center Mall, is now open on the mall's first floor across from H&M and will be on display through the end of summer 2018.
CalArts Opens its First Art Exhibit at Westfield Valencia Mall
The Academy of Motion Picture Arts and Sciences today announced that Jennifer Todd has won the runoff election for the open Producers Branch seat on the 2018–19 Board of Governors.
Producer Jennifer Todd Voted to Academy Board of Governors
California's median home price reached a new high in May, while home sales retreated both on a monthly and annual basis, wiping out most of the gains posted for the year, the California Association of Realtors said Tuesday.
California Median Home Price Hits Record High, Sales Drop in May
In an effort to transform California’s relationship to energy markets in the western region of the country, lawmakers on Tuesday advanced a bill that would merge California into a regional energy market.
California’s Controversial Energy-Grid Bill Advances
Santa Clarita-based SOS Entertainment has been named the 38th Assembly District’s Business of the Year, Assemblyman Dante Acosta (R-Santa Clarita) announced Wednesday.
SOS Entertainment Named 38th Assembly District Business of the Year