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, operating under NASDAQ: SALM, will report its fourth quarter 2021 financial results on March 3, 2022, after market close. A teleconference to discuss these results will also be held on the same date at 4:00 P.M. Central Time. Interested parties can join the call by dialing (877) 524-8416 or via a webcast. The replay of the call will be available until March 17, 2022.
Salem Media Group (NASDAQ: SALM) announces the retirement of long-time radio host Parks Stamper from Atlanta's WFSH (104.7 The Fish) after 21 years. Stamper expressed gratitude for her listeners, coworkers, and sponsors, emphasizing her mission of sharing the Gospel. Her last day on the midday show will be February 25. VP of Programming Mike Blakemore commended Stamper's authentic connection with listeners and mentioned she will continue to contribute on a part-time basis. Salem Media Group remains a leading multimedia company, focusing on Christian and conservative content.
Salem Media Group (NASDAQ: SALM) has launched 'The Carl Jackson Podcast' on the Salem Podcast Network, with new episodes available daily. Carl Jackson, who previously filled in for Larry Elder during his gubernatorial campaign in California, aims to reach a wider audience by sharing his story and insights. The Salem Podcast Network, founded in January 2021, ranked as the #12 podcast network in the U.S. by Triton Digital in December, boasting over 13 million downloads monthly. This initiative highlights Salem's commitment to expanding its multimedia reach in the conservative and Christian content space.
Salem Media Group (NASDAQ: SALM) has announced the addition of Andrew Wilkow to the Salem News Channel, with his new show "Wilkow!" premiering on February 15, airing weekdays from 5-6pm ET. The show will feature a mix of breaking news and Wilkow's political analysis, originating from Salem's New York City studio. Wilkow brings a strong following from his previous roles on The Blaze TV and Sirius XM, positioning him as a key asset for the channel. This launch is part of Salem's strategy to enhance its programming and audience engagement.
Salem Media Group has named Florida Governor Ron DeSantis the 2021 Salem Culture Warrior of the Year, receiving 52% of the listener votes. This recognition highlights DeSantis's strong influence not only in Florida but nationally. Previously awarded to Candace Owens, this accolade underscores Salem's commitment to recognizing cultural leadership. Salem Media Group continues to dominate the conservative media landscape with over 100 radio stations, the Salem Radio Network, and the Salem News Channel, reaching millions of dedicated listeners and readers.
Salem Media Group (NASDAQ: SALM) announced a major overhaul of its news and traffic operations at AM 560 The Answer in Chicago, effective January 1, 2022. Mike Scott, who has anchored newscasts for 17 years, will become the News Director while continuing anchor duties. JoAnn Genette will join as an afternoon news anchor, and Jill Urchak will handle afternoon traffic reports. The changes aim to strengthen commitment to timely news and traffic updates for listeners, enhancing AM 560's programming.
Salem Media Group (NASDAQ: SALM) announced the winner of its Christmas Mortgage Miracle sweepstakes, where Skylar Oswalt from Benton, Arkansas, won a year's worth of mortgage payments. Selected from over 1 million entries, Oswalt entered the contest 24 times. The event was promoted by Salem Media Group's four radio stations in central Arkansas. Representatives delivered the prize just hours after notifying Oswalt of her win. Salem Media Group specializes in Christian and conservative content across various media platforms.
Salem Media Group (NASDAQ: SALM) announced significant leadership changes effective January 1, 2022. Edward G. Atsinger III transitions to Executive Chairman, while David Santrella, previously President of Broadcast Media, becomes CEO. David Evans is promoted to Chief Operating Officer. Atsinger will focus on macro strategy and M&A as the company aims for leadership continuity. The Board’s succession planning reflects confidence in Santrella and Evans to drive the company's growth in Christian and conservative media.
Salem Media Group (NASDAQ: SALM) announces Pastor Lenny Gaines will join Salem Music Network as a syndicated music host for his show, “Pastor Lenny’s Praise Party,” starting January 31, 2022. This five-hour daily show, focusing on inspiration and cultural engagement, will be produced for various radio stations. Network General Manager Kevin Anderson emphasizes the potential of the show to reach a broader audience, enhancing Salem's syndication offerings.
Salem Media Group (NASDAQ: SALM) announced its participation in the 16th annual Singular Research Best of the Uncovered Investor Conference on December 9, 2021, at 10:15 A.M. Central Time. Investors can access the presentation via the investor relations section of the company's website, www.salemmedia.com. Singular Research focuses on small-to-micro cap companies, providing independent, unbiased research and recommendations.
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