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SALEM MEDIA GROUP INC A - SALM STOCK NEWS

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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.

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Salem Media Group announced the sale of its principal office in Camarillo, CA to Eclipse RE Holdings, for $5.5 million, closing on May 1, 2024. Salem will leaseback the building for five years. Salem Media Group is a multimedia company specializing in Christian and conservative content.

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Salem Media Group, Inc. (OTCQX: SALM) released its first quarter 2024 Quarterly Report, showcasing its position as America's leading multimedia company specializing in Christian and conservative content. The report highlights Salem's loyal audience, unique programming focus, and respected figures across the media landscape.

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Salem Media Group, Inc. announced that Salem Radio Network host Mike Gallagher will return to the airwaves in Greenville, South Carolina on May 6th. The Audacy station NewsTalk 98.9 WORD-FM will host his show. Gallagher expressed excitement about reuniting with his loyal fans in Greenville after a station sale last fall. The Voice of the Carolinas, NewsTalk 98.9/WYRD-FM, is the leading NewsTalk radio station in South Carolina. Salem Media Group specializes in Christian and conservative content, serving a large audience nationwide.

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Salem Media Group, Inc. announces Beth Bacall joining the Salem Music Network as an afternoon host on Today’s Christian Music Network.

Bacall, an industry veteran, brings her award-winning talent to the TCM lineup, expanding the network's reach and offerings.

Her daily syndicated show will be available for stations nationwide, showcasing her experience and dedication to Christian music radio.

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Salem Media Group, Inc. launches the 'Happy Women' podcast hosted by Jennifer Horn and Katie Gorka on the Salem Podcast Network. The podcast will feature two episodes per week, focusing on intelligent and entertaining talk. Jennifer Horn is a veteran radio broadcaster, while Katie Gorka has a background in national security and conservative advocacy.
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Salem Media Group, Inc. (SALM) announces the launch of 'This Week On The Hill,' a radio/TV program hosted by Tony Perkins and featuring Speaker Mike Johnson. The show will provide insights on political issues and will air on various Salem platforms starting April 13th, 2024.
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Salem Media Group, Inc. (SALM) releases its year-end 2023 Annual Report, showcasing financial performance and strategic insights.
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Salem Media Group, Inc. (SALM) has agreed to sell its contemporary Christian music stations in Nashville, Tennessee, and Honolulu, Hawaii to Educational Media Foundation (EMF). The sale aims to reduce debt and leverage, while ensuring the stations continue their mission format. Salem's Today's Christian Music network is unaffected by the sales. The transaction is expected to close in late May or early June.
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Salem Media Group, Inc. (SALM) announces a partnership between The Mike Gallagher Show and the International Fellowship of Christians and Jews (IFCJ) to broadcast live from Israel, showcasing humanitarian efforts post-Hamas terror attack. Gallagher raised $342,000 for IFCJ previously and will continue to support them during his visit. The Mike Gallagher Show, a popular radio program, will highlight the ongoing war situation in Israel and feature interviews with survivors, military officials, and IFCJ representatives.
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Salem Media Group, Inc. announces an agreement with Dennis Prager to extend his show on SRN, reducing it from 3 to 2 hours with more talk time per hour. Prager will also engage with listeners through a monthly virtual 'hangout' and add exclusive content at the start of each hour.
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FAQ

What is the current stock price of SALEM MEDIA GROUP A (SALM)?

The current stock price of SALEM MEDIA GROUP A (SALM) is $0.195 as of December 20, 2024.

What is the market cap of SALEM MEDIA GROUP A (SALM)?

The market cap of SALEM MEDIA GROUP A (SALM) is approximately 5.4M.

What is Salem Media Group Inc.?

Salem Media Group Inc. (SALM) is a leading radio broadcaster, internet content provider, and publisher targeting audiences interested in Christian and family-themed content and conservative values.

How many radio stations does Salem Media Group own?

Salem Media Group owns and operates 112 radio stations, with 67 located in the nation’s top 25 markets and 30 in the top 10.

What is Salem Radio Network?

Salem Radio Network syndicates talk, news, and music programming to approximately 2,600 affiliates across the United States.

What is the focus of Salem Web Network?

Salem Web Network is a leading internet provider of Christian content and online streaming services.

What type of content does Salem Publishing produce?

Salem Publishing produces Christian-themed magazines and books, offering inspirational and family-oriented content.

What recent achievements has Salem Media Group accomplished?

Salem Media Group has expanded its digital presence and invested in digital transformation, enhancing its podcast offerings and online streaming services.

What are Salem Media Group's current projects?

Current projects include the expansion of podcast offerings and the enhancement of digital streaming services to meet the growing demand for accessible content.

How does Salem Media Group maintain its financial condition?

Salem Media Group focuses on strategic investments and partnerships, ensuring sustainable growth and a robust financial structure.

What type of partnerships does Salem Media Group engage in?

Salem Media Group collaborates with a variety of affiliates and partners to enhance content delivery and expand audience reach.

Where is Salem Media Group headquartered?

Salem Media Group is headquartered in Camarillo, California.

SALEM MEDIA GROUP INC A

OTC:SALM

SALM Rankings

SALM Stock Data

5.44M
12.82M
40.83%
0.38%
Broadcasting
Communication Services
Link
United States of America
Camarillo