Welcome to our dedicated page for SALEM MEDIA GROUP A news (Ticker: SALM), a resource for investors and traders seeking the latest updates and insights on SALEM MEDIA GROUP A stock.
Salem Media Group Inc. (SALM) is a leading multi-media company primarily focused on Christian and family-themed content. Headquartered in Camarillo, California, Salem Media Group is a prominent player in the American media landscape, offering a diverse array of platforms to engage its audience.
Core Business: The company operates in three primary segments: broadcasting, digital media, and publishing.
- Broadcasting: Salem owns and operates 112 radio stations, with 67 of these stations located in the nation’s top 25 markets and 30 in the top 10. Salem Radio Network, a subsidiary, syndicates talk, news, and music programming to approximately 2,600 affiliates.
- Digital Media: Salem Web Network is a leading provider of Christian content on the internet, offering online streaming and a rich portfolio of digital marketing opportunities. This segment focuses on engaging a wide audience through its multiple digital platforms.
- Publishing: Through Salem Publishing, the company publishes Christian-themed magazines and books, providing inspirational content to its readers.
Recent Achievements: Salem Media Group has consistently aimed to expand its reach and influence. The company has invested in digital transformation, ensuring its content is readily available across various digital platforms. This strategy has helped Salem maintain its relevance in a rapidly evolving media landscape.
Current Projects: Salem continues to innovate in both its broadcast and digital segments. Recent projects include the expansion of its podcast offerings and the enhancement of its digital streaming services. These initiatives are designed to cater to the growing demand for on-the-go and easily accessible content.
Financial Condition: Salem Media Group remains committed to maintaining a robust financial structure. The company focuses on strategic investments and partnerships to ensure sustainable growth. Despite the challenges posed by the media sector, Salem demonstrates resilience through its diversified business model.
Partnerships and Collaborations: The company collaborates with a variety of affiliates and partners to enhance content delivery and audience reach. These partnerships are integral to Salem's strategy to remain at the forefront of Christian and conservative media.
By leveraging its extensive network and diverse media properties, Salem Media Group aims to provide high-quality, value-driven content to its audience.
Salem Media Group (NASDAQ: SALM) has launched a new docuseries titled Border Battle, produced in collaboration with Turning Point USA. This documentary highlights the serious conditions at the U.S.-Mexico border, emphasizing the consequences of government inaction over the years. The project, spanning nine months, aims to educate audiences on the border crisis. SalemNOW, known for its range of conservative documentaries, will promote Border Battle across its platforms, encouraging audiences to watch it via the SalemNOW app or website.
Salem Media Group (NASDAQ: SALM) announced the launch of a new podcast titled “Stinchfield,” which will begin airing on October 10. Hosted by Grant Stinchfield, a prominent talk show host, the podcast aims to offer conservative viewpoints and cover stories often overlooked by mainstream media. Salem’s Senior VP Phil Boyce expressed excitement over this addition to their platform. The Salem Podcast Network, established in January 2021, ranks as the 11th podcast network in the U.S., with an average of 14 million downloads per month.
Salem Media Group's new Sekulow Brothers Podcast, launched on September 12, 2022, has gained significant popularity, achieving over 100,000 downloads and views in its third week. The podcast features hosts Jordan and Logan Sekulow, who deliver episodes three times weekly on diverse topics, including current events and cultural commentary. With the podcast's rapid growth, particularly on Rumble, it has outperformed many of Salem's other offerings. The Salem Podcast Network, established in January 2021, now ranks as the 11th most listened to podcast network on Triton Digital.
Salem Media Group (NASDAQ: SALM) announced that Chris Stigall has signed a multi-year extension to remain the host of "Philadelphia’s Morning Answer with Chris Stigall" on AM 990, The Answer (WNTP). Stigall, who has been with Salem for 12 years, expressed gratitude for the opportunity to continue in his role. In addition, his podcast, "Chris Stigall Show," will join the Salem Podcast Network, contributing to its expanding content lineup. Salem Media Group is renowned for its focus on Christian and conservative programming.
Salem Media Group (NASDAQ: SALM) announced the addition of Larry O’Connor to the Salem News Channel prime time lineup, starting October 3rd at 9 p.m. ET. The new show, titled “O’Connor Tonight,” will feature contributions from top writers at Townhall.com. O’Connor, who also hosts a morning show on WMAL-FM in Washington, DC, expressed enthusiasm for joining the network, which aims to provide direct news content to engaged audiences. Salem News Channel operates as a 24/7 OTT television network, available on various digital platforms.
Salem Media Group (NASDAQ: SALM) announced key leadership changes in its Broadcast Media division, effective early 2023. Allen Power has been appointed President of Broadcast Media, recognized for his operational expertise and years of collaboration with CEO David Santrella. Linnae Young has been promoted to Executive Vice President of Operations and Revenue Development, while Jeff Reisman advances to Senior Vice President of Operations overseeing eastern radio markets. These promotions highlight Salem's commitment to internal talent development.
Salem Media Group, Inc. (NASDAQ: SALM) revised its third quarter 2022 revenue forecast, now expecting total revenue to be flat or increase by up to 2% compared to the previous year's $66.0 million. The revision is due to the postponed release of the book 2000 Mules by Dinesh D’Souza, lower-than-anticipated revenue on SalemNOW, and a decline in advertising revenue amid a weakening economic environment.
Salem Media Group (NASDAQ: SALM) is launching the Battleground Talkers Tour 2022 to engage voters ahead of the November 2022 national midterm elections. The tour will cover five battleground states over eight days, featuring prominent conservative hosts like Dennis Prager and Charlie Kirk. Events will occur in cities including Tampa, Orlando, and Phoenix, inviting thousands of listeners to participate in person. This initiative aims to motivate voters to make informed decisions, showcasing Salem's commitment to voter engagement.
Salem Media Group (NASDAQ: SALM) has appointed Tara Loring as Eastern Regional Digital Sales Director, effective September 12. Loring brings significant experience from Hubbard Broadcasting, where she was General Sales Manager and Director of Digital Media. In her new role, she aims to lead a team focused on enhancing growth for Salem Surround and its advertisers. Salem Media Group specializes in Christian and conservative content across various media platforms, serving millions of dedicated listeners and readers nationwide.
Salem Media Group (NASDAQ: SALM) has announced that Deborah Flora will return to host a new weekday program on 710 KNUS from 3 PM to 4 PM starting September 6th. A former weekend host and Colorado GOP Senate candidate, Flora has a background as President of Parents United America and is involved in media production. Operations Manager Kelly Michaels expressed confidence in Flora's abilities to engage Colorado listeners and address local issues. Salem Media Group specializes in Christian and conservative multimedia content, serving millions of audiences daily.
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