Welcome to our dedicated page for Salem Media news (Ticker: SALM), a resource for investors and traders seeking the latest updates and insights on Salem Media stock.
Salem Media Group, Inc. (SALM) provides investors and stakeholders with timely updates through this dedicated news hub. Track official press releases, financial disclosures, and strategic developments from the leading multimedia company specializing in Christian and family-oriented content.
This resource consolidates essential updates including quarterly earnings reports, acquisition announcements, and leadership changes, alongside programming expansions across Salem's 115+ stations and digital platforms. Users gain efficient access to filings, partnership details, and operational milestones impacting the company's radio broadcasting, digital marketing, and publishing segments.
Key updates cover regulatory submissions, content distribution agreements, and audience engagement metrics relevant to Salem's niche in conservative media. The chronological organization enables quick analysis of trends while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined monitoring of Salem Media's performance indicators and market positioning within the evolving faith-based media landscape. Verify critical information directly from primary corporate communications without third-party interpretation.
Salem Media Group (NASDAQ: SALM) has appointed Jon Latzer as Vice President and General Manager of Salem Surround, effective August 29. Latzer brings extensive experience from his previous roles at Salem and Alpha Media, focusing on digital sales. His appointment is expected to drive continued revenue and operational growth in the digital space. Jamie Cohen, Senior VP of Broadcast Digital, expressed confidence in Latzer's capabilities to enhance the company's digital initiatives. Salem Media Group specializes in Christian and conservative multimedia content, serving millions of dedicated listeners.
Salem Media Group reported a 7.7% increase in total revenue for Q2 2022, reaching $68.7 million, compared to Q2 2021. Operating income rose 29.9% to $7.3 million, and net income surged 303.9% to $9.1 million or $0.33 per diluted share. However, total operating expenses increased by 5.5%. Digital media revenue increased 4.5% to $10.8 million, while publishing revenue declined 18.5% to $5.4 million. The company projects a 6% to 8% revenue increase for Q3 2022.
Salem Media Group (NASDAQ: SALM) will announce its second quarter 2022 financial results after market close on August 4, 2022. A teleconference to discuss these results is scheduled for the same day at 4:00 PM Central Time. Investors can join the call by dialing (888) 770-7291 or listen via webcast. The replay will be available until August 18, 2022.
Salem specializes in Christian and conservative multimedia content, serving millions of listeners and readers daily.
Salem Media Group (NASDAQ: SALM) has appointed Cary Pahigian as the new Vice President and General Manager of Salem News Channel, effective July 18. Pahigian, with eight years of experience at Hearst Television, is expected to enhance the station's presence in the OTT market. He will oversee production, content, and marketing for the 24/7 news network. Pahigian expressed admiration for Salem's culture and dedication to quality content. This leadership change is aimed at improving viewer engagement and solidifying the channel’s standing in the fast-growing video streaming arena.
Salem Media Group (NASDAQ: SALM) announced the addition of Morgan Zegers, a 25-year-old conservative commentator, to its podcast network. Her show, The Morgan Zegers Show, will launch on July 18 and feature discussions on current events, politics, and culture, releasing three episodes weekly. The Salem Podcast Network, established in January 2021, ranks 11th on the Triton Digital platform with over 17 million monthly downloads. This move aims to cater to audience demand for more young female hosts.
Salem Media Group (NASDAQ: SALM) has signed nationally syndicated talent Amanda Carroll to its Life Audio Podcast Network. Carroll, the founder of the 'Get Your Brave On' podcast, aims to inspire women through weekly episodes featuring notable guests. The partnership acknowledges the impact of Carroll's platform, which she founded seven years ago and has since grown significantly. Salem Media Group specializes in Christian and conservative multimedia content, serving millions of listeners and readers across various media properties.
Salem Media Group (NASDAQ: SALM) announced that the podcast Liberty Station will join its line-up on July 11. Hosted by Rob McCoy and Bryce Eddy, the podcast offers commentary on Biblical principles and current events. Each week, four episodes will be released. The Salem Podcast Network, launched in January 2021, is the 11th most popular on Triton Digital, with over 17 million monthly downloads. McCoy and Eddy express enthusiasm for joining Salem, emphasizing the importance of freedom of speech amidst increased censorship.
Salem Media Group (NASDAQ: SALM) announced the hiring of Haley Bianco as the first news anchor for its Salem News Channel (SNC). Starting weekdays from 5 PM to 10 PM, she will deliver news capsules at the top and bottom of the hour. Bianco joins SNC from Fox 40 in Binghamton, NY, bringing valuable experience as a managing editor and primetime anchor. This move aims to strengthen the news credibility of SNC as it continues to grow.
Salem Media Group (NASDAQ: SALM) has signed Harvard graduate Julie Hartman for a multi-faceted deal encompassing the Salem Podcast Network, Salem News Channel, and Salem Radio Network. Hartman will host two weekend shows, three weekly podcasts, and serve as a substitute host across various programs starting in September. Her rise to prominence follows her engagement with conservative figures and her critical perspective on liberal ideologies prevalent in academia. Salem Media Group focuses on Christian and conservative content, attracting millions of dedicated listeners and readers across its platforms.
Salem Media Group (NASDAQ: SALM) will present at the LD Micro Invitational XII in Westlake Village, CA on June 7th at 5:30 PM Central Time. The presentation will be available on the company's investor relations website before the event. LD Micro supports the microcap sector and will introduce a new format during its upcoming event aimed at benefiting executives and investors globally. For further details, visit www.salemmedia.com.
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