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) regularly issues news updates that reflect its role as a multimedia company focused on Christian and conservative content. Its announcements highlight developments across radio, podcasts, streaming, and publishing, giving insight into how the company programs and manages its media properties.
News items often feature radio programming changes and talent moves, such as new shows on stations like WHK-AM 1420 The Answer in Cleveland, contract extensions for hosts on AM 970 The Answer in New York, and additions to the Salem Radio Network lineup. These stories provide detail on how Salem structures its talk and news-talk offerings and which voices it brings to its audience.
Salem Media Group’s releases also cover leadership and management updates, including promotions within its broadcast operations. Such announcements illustrate how the company organizes its regional and national management to oversee markets and stations aligned with its Christian and conservative focus.
Another recurring theme in Salem’s news is digital and streaming content. The company issues updates on new documentaries, docuseries, and other projects premiering on SalemNOW, its streaming platform for Christian and conservative films and series. It also announces additions to the Salem Podcast Network, describing new partnerships and shows that expand its digital audio reach.
Investors and followers of SALM can use this news feed to track programming decisions, content launches, leadership changes, and other corporate communications that the company chooses to highlight. For ongoing context about Salem Media Group’s activities in radio, digital media, and streaming, this page aggregates its latest publicly released updates.
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.
Salem Media Group, Inc. (NASDAQ: SALM) has announced the transition of former weekday host Peter Boyles to a new weekly Saturday program from 9 am to 12 pm, starting September 10th. This change also shifts Randy Corporon's call-in show to Saturdays from 5 pm to 8 pm. Boyles, a notable figure in Denver radio since the 1970s, is expected to attract audiences with his unique commentary. Salem Media Group specializes in Christian and conservative content across various platforms, serving millions of listeners and readers daily.
Salem Media Group (NASDAQ: SALM) has appointed George Brauchler as the new weekday morning host for its Denver, Colorado radio station, 710 KNUS, succeeding the long-standing Peter Boyles. Operations Manager Kelly Michaels praised Brauchler's growth and communication skills, highlighting his popularity with listeners. Brauchler, formerly the District Attorney for Colorado's 18th Judicial District, brings a wealth of experience including military service and media appearances. 710 KNUS continues to lead with local talk programming in the Denver market.
Salem Media Group (NASDAQ: SALM) has announced the launch of the Sekulow Brothers Podcast featuring Jordan and Logan Sekulow, set to debut on September 12, 2022. The podcast aims to provide insightful commentary on diverse topics from the unique perspectives of the Sekulow brothers, airing three episodes weekly. Salem's podcast network, which started in January 2021, has gained remarkable traction, ranking 11th among podcast networks with over 17 million monthly downloads. Phil Boyce, a senior executive at Salem, expressed enthusiasm for the podcast's potential impact.
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.