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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.
Salem Media Group (NASDAQ: SALM) has announced the return of renowned South Florida radio host Ninoska Pérez Castellón, who will anchor a new Spanish-language talk lineup on La Nueva Poderosa 670 AM. After a two-week hiatus, Ninoska's show marks a significant addition to Salem's programming after her long tenure at Univision Radio. The revamped lineup will also feature other notable personalities, including Father Albert Cutié and various local hosts. Salem Media's Vice President expressed excitement for Ninoska's return, highlighting her commitment to conservative values and her influential voice.
Salem Media Group, Inc. (NASDAQ: SALM) has promoted Dan Nelson to Vice President of Salem Events and Marketing. Nelson, who joined Salem in 2001, previously served as Promotions Director and Director of Salem Events and Marketing since 2018. CEO Dave Santrella praised Nelson's creative abilities and his capacity to bring ideas to fruition. Allen Power, President of Broadcast Media, highlighted Nelson's exceptional standards and collaborative spirit. In his new role, Nelson will focus on enhancing Salem's brand image and driving revenue through special events and travel experiences.
Salem Media Group, Inc. (NASDAQ: SALM) has announced that "The Chris Stigall Podcast" officially joins the Salem Podcast Network, starting January 16, 2023. This podcast, launched in 2019, releases an episode daily and has achieved over four million downloads, supported by strong advertising partnerships. Chris Stigall, who also hosts "Philadelphia's Morning Answer," aims to expand his reach with Salem's extensive platform. The Salem Podcast Network, established in January 2021, ranks as the 11th most listened to podcast network on Triton Digital, achieving over 17 million downloads monthly.
Salem Media Group (NASDAQ: SALM) has promoted Andy Massingill to Senior Director of Digital Sales, a role in which he will leverage digital assets to enhance audience engagement. Over the past three years, Massingill has led his team to significant revenue growth, particularly in the Western Region. His collaboration with Chris Gould and National Ministry partners aims to deliver more impactful results. Salem Media Group continues to be a leader in Christian and conservative multimedia content, serving millions daily.
Salem Media Group Inc. (NASDAQ: SALM) has extended its partnership with Triton Digital, enhancing digital audio, podcasting, and advertising efforts. Since 2012, Salem has relied on Triton's solutions for audience growth and revenue maximization. The renewed agreement includes the use of Triton’s Podcast Metrics Demos+, offering enhanced audience insights for better advertising strategy. CEO David Santrella emphasized the partnership's role in increasing digital revenue and understanding audience behavior. This collaboration signals a continued focus on the growing conservative media market.
Salem Media Group (NASDAQ: SALM) announced that Mike Crispi Unafraid joined the Salem Podcast Network on January 9, 2023. The podcast, which began in 2022, releases episodes daily, hosted by Mike Crispi, an experienced television reporter and political operative. Crispi expressed excitement about collaborating with Salem Media, praising their programming vision. The Salem Podcast Network, launched in January 2021, ranks as the 11th most listened to podcast network on Triton Digital, boasting over 17 million average downloads monthly.
Salem Media Group (NASDAQ: SALM) has announced the addition of the Scott and Sam Show to its Salem Music Network, set for daily syndication starting January 2, 2023. Scott and Sam, who have hosted a morning show on KFSH-FM in Los Angeles for six years, expressed enthusiasm for reaching a broader audience. The show's content will be available for distribution by FTP download. Salem Music Network aims to harness top talent within its network to benefit external stations, highlighting Scott and Sam's popularity in their current markets.
Salem Media Group (NASDAQ: SALM) announces the promotion of John Gallagher to General Manager in Chicago effective January 1, 2023. Gallagher, who previously served as General Manager in Little Rock, is expected to leverage his extensive radio management experience in the Chicago market. He will provide oversight to Little Rock during the transition. Gallagher's background includes leadership roles at Nextstar, Hubbard Broadcasting, and Cumulus Chicago, emphasizing his qualifications for this role. The company continues to focus on its mission-driven approach in serving its audience.
Salem Media Group (NASDAQ: SALM) has appointed Monica Rabassa as Vice President and General Manager of its upcoming radio stations in Miami. Rabassa brings over 20 years of experience from Univision and a strong background in Spanish-language media. She has received numerous accolades, including "Woman of the Year" by the Association of Women in Communications and recognition as one of the "Most Influential Women in Radio." Salem aims to enhance its connection with the South Florida community, emphasizing the importance of quality programming for Spanish-speaking audiences.
Salem Media Group (NASDAQ: SALM) announces the retirement of Tom Moyer, General Manager of its Washington, D.C. stations, effective year-end. Moyer, a 30-year veteran, significantly contributed to the station's growth. His successor is David Howard, promoted from General Sales Manager, with Chuck Olmstead taking on the Station Manager role for WAVA-AM/FМ. Moyer will assist during the transition. Executives highlight Moyer's leadership and commitment to the company's principles, aiming for continued success under the new management.
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