Salem Media Group reports drop in revenues, net income
Christian and conservative radio and publishing company Salem Media Group, based in Camarillo, reported a decline in second quarter revenues to $66.1 million and net income down more than 60 percent to $1.3 million. Digital media, broadcast, and publishing revenues all saw slight declines. Operating expenses also decreased for the quarter ended June 30, compared Read More →
Read More →Salem Media announces dividend
The board of directors for Camarillo-based Salem Media declared a 6.5 cent dividend June 1. Stockholders of record as of June 16 will receive the dividend June 30. Shares for the Christian and conservative radio company were up 0.7 percent as of 12:18 p.m. June 1 to $6.90. • Contact Marissa Nall at mnall@pacbiztimes.com.
Read More →Salem Media to offer $225 million in secure notes
Salem Media Group reported first quarter 2017 net income of $1.1 million, or 4 cents per share, and announced plans for a private offering of $225 million in senior secured notes May 8. Total revenues and operating expenses both edged up slightly from the previous first quarter for the Camarillo-based Christian and conservative media company, Read More →
Read More →Revenue up but net income down at Salem Media Group
Story updated at 10:40 a.m. March 10: Salem Media Group, a Christian and conservative media company based in Camarillo, announced a decline in fourth quarter and full year net income, despite revenue increases. Revenues for the quarter ended Dec. 31 came to $70.7 million, up from $69.1 million for the fourth quarter of 2015. Full Read More →
Read More →Salem Media Group acquires ChristianConcertAlerts.com
Camarillo-based Christian and conservative radio company Salem Media Group announced the acquisition of ChristianConcertAlerts.com. The website provides tour and event dates for more than 300 Christian musicians and 4,000 venues in the U.S. “I started ChristianConcertAlerts.com as a way to mobilize Christians across America in spreading the latest news about their favorite artists’ albums and tours and Read More →
Read More →Salem Media agrees to let Word Broadcasting operate Louisville stations
Salem Media Group, a Christian conservative radio company based in Camarillo, announced Dec. 23 that it will allow its Louisville, Kentucky stations to be operated by Pennsylvania-based Word Broadcasting Network under a marketing agreement effective Jan. 3. Word Broadcasting owns and operates 12 radio stations in Louisville. Salem owns an FM Christian teaching and talk Read More →
Read More →Salem Media Group launching news talk station in San Francisco
Salem Media Group is launching a news talk station in San Francisco over the July 4th weekend. The 50,000 watt KTRB-AM covers the entire San Francisco area as well as San Jose, Sacramento and Modesto. KTRB will become 860 AM The Answer, the 26th Answer-branded talk station in the Salem family. “We are thrilled and excited Read More →
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