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SALEM MEDIA GROUP INC A - $SALM STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SALEM MEDIA GROUP A's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SALEM MEDIA GROUP A's position in the market.

Rhea-AI Summary
Salem Media Group, Inc. (SALM) announced the promotion of Nic Anderson to Vice President of Government Affairs. Anderson, who has been with the company since 2008, has been recognized for his industry awards and role in advocating for the interests of Salem and the radio industry. His promotion has also led to the elevation of Mike Murphy to the General Manager role in the Twin Cities.
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Salem Media Group, Inc. (NASDAQ: SALM) announced that Lara Trump is bringing her podcast 'The Right View' to the Salem Podcast Network, delivering podcasts three days a week starting January 16th. The network ranks as the 11th largest podcast network in America with over 11 million downloads per month, featuring notable podcasters such as Charlie Kirk, Dinesh D’Souza, and Trish Regan. Lara Trump's show will be available on major podcasting platforms and video platforms like Rumble, YouTube, and Facebook.
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3.13%
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Salem Media Group, Inc. (NASDAQ: SALM) has announced its intention to voluntarily delist its Class A Common Stock from the Nasdaq Global Market and deregister its Class A Common Stock under Section 12(b) of the Securities Exchange Act of 1934.
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Salem Media Group, Inc. (NASDAQ: SALM) announces voluntary delisting from the Nasdaq Global Market, intending to deregister its Class A Common Stock under Section 12(b) of the Securities Exchange Act of 1934.
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-29.09%
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Salem Media Group, Inc. (NASDAQ: SALM) closed a new $26.0 million 3-year asset-based revolving credit facility with Siena Lending Group, refinancing its prior facility with Wells Fargo Bank.
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Salem Media Group, Inc. (NASDAQ: SALM) has reached an agreement with Skyhorse Publishing to sell Regnery Publishing, with the transaction expected to close by the end of the year. The more than 1,500 Regnery titles will be absorbed into the Skyhorse Publishing catalogue. Founded in 1947, Regnery Publishing has an impressive list of authors over its 75 years, including former President Donald Trump, Senator Rand Paul, Senator Ted Cruz, Senator Mitt Romney, Tulsi Gabbard, Eric Metaxas, former President Ronald Regan, and Ann Coulter.
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Salem Media Group, Inc. (NASDAQ: SALM) announced that Andrew Wilkow raised $166,568 for Veteran’s related charities through his Salem News Channel TV show and SiriusXM radio show, with donations surpassing last year's total by over $100,000. Wilkow has been supporting Veterans for 10 years, raising awareness for returning Veterans who need special assistance. Charities included Horses for Heroes, Legacy Expeditions, Paws for Purple Hearts, and more. The Salem News Channel provided added support for the charities, with plans to do more next year.
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-1.72%
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Salem Media Group, Inc. (NASDAQ: SALM) announced the addition of 'Man in America with Seth Holehouse' to the Salem Podcast Network, reaching over a million people monthly. Seth Holehouse, a former content creator at The Epoch Times, has gained popularity after exposing election fraud in 2020. The podcast features prominent guests like Peter Navarro, Kash Patel, Senator Wendy Rogers, General Michael Flynn, and General Robert Spalding. The Salem Podcast Network, ranked 11th most listened to on Triton Digital, welcomes Seth to their line-up, anticipating further growth.
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Salem Media Group, Inc. (Nasdaq: SALM) released its Q3 2023 results, showing a 5.0% decrease in total revenue, a 31.9% increase in total operating expenses, and a net loss of $31.3 million. The company reported a decrease in net broadcast revenue, digital media revenue, and publishing revenue. It also announced various impairment charges and pending asset sales. The Q4 2023 outlook projects a decline in total revenue between 6% and 8% from Q4 2022.
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-21.05%
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Salem Media Group, Inc. (NASDAQ: SALM) plans to report its third quarter 2023 financial results on November 13, 2023, after the market closes. A teleconference to discuss the results will be held at 4:00 PM Central Time. The teleconference can be accessed by dialing (888) 770-7291 or listening to the webcast. A replay of the teleconference will be available until November 27, 2023, by dialing (800) 770-2030 - replay pin number 2413416 or on the investor relations portion of the company’s website.
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SALEM MEDIA GROUP INC A

Nasdaq:SALM

SALM Rankings

SALM Stock Data

10.83M
12.81M
40.83%
12.73%
0.38%
Radio Networks
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United States of America
Camarillo

About SALM

salem media group is america’s leading radio broadcaster, internet content provider, and magazine and book publisher targeting audiences interested in christian and family-themed content and conservative values. in addition to its radio properties, salem owns salem radio network, which syndicates talk, news and music programming to approximately 2,600 affiliates; salem radio representatives, a national radio advertising sales force; salem web network, a leading internet provider of christian content and online streaming; and salem publishing, a leading publisher of christian themed magazines. salem owns and operates 112 radio stations, with 67 stations in the nation’s top 25 markets – and 30 in the top 10. each of our radio properties has a full portfolio of broadcast and digital marketing opportunities.