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 (NASDAQ: SALM) announced the winner of its Christmas Mortgage Miracle sweepstakes, where Skylar Oswalt from Benton, Arkansas, won a year's worth of mortgage payments. Selected from over 1 million entries, Oswalt entered the contest 24 times. The event was promoted by Salem Media Group's four radio stations in central Arkansas. Representatives delivered the prize just hours after notifying Oswalt of her win. Salem Media Group specializes in Christian and conservative content across various media platforms.
Salem Media Group (NASDAQ: SALM) announced significant leadership changes effective January 1, 2022. Edward G. Atsinger III transitions to Executive Chairman, while David Santrella, previously President of Broadcast Media, becomes CEO. David Evans is promoted to Chief Operating Officer. Atsinger will focus on macro strategy and M&A as the company aims for leadership continuity. The Board’s succession planning reflects confidence in Santrella and Evans to drive the company's growth in Christian and conservative media.
Salem Media Group (NASDAQ: SALM) announces Pastor Lenny Gaines will join Salem Music Network as a syndicated music host for his show, “Pastor Lenny’s Praise Party,” starting January 31, 2022. This five-hour daily show, focusing on inspiration and cultural engagement, will be produced for various radio stations. Network General Manager Kevin Anderson emphasizes the potential of the show to reach a broader audience, enhancing Salem's syndication offerings.
Salem Media Group (NASDAQ: SALM) announced its participation in the 16th annual Singular Research Best of the Uncovered Investor Conference on December 9, 2021, at 10:15 A.M. Central Time. Investors can access the presentation via the investor relations section of the company's website, www.salemmedia.com. Singular Research focuses on small-to-micro cap companies, providing independent, unbiased research and recommendations.
Salem Media Group (NASDAQ: SALM) has extended its agreement with Jennifer Horn, keeping her as the host of the popular 'Morning Answer Show' through 2024. Co-host Grant Stinchfield joins her, creating a dynamic team on AM 870 and AM 590. Programming Director Chuck Tyler praised their chemistry, stating they expertly cover serious issues with a fun approach. Both hosts expressed excitement about their partnership. Salem Media Group specializes in Christian and conservative content, reaching millions of dedicated listeners across the nation.
Salem Media Group (NASDAQ: SALM) will present at the virtual Q4 Investor Summit on November 17, 2021, at 1:00 P.M. Central Time. Investors can access the presentation via the company's investor relations website www.salemmedia.com. The Q4 Investor Summit connects smallcap companies with over 500 investors, including institutional and high net worth individuals. Salem Media is renowned for its Christian and conservative multimedia content, serving millions of engaged listeners and readers across the nation.
Salem Media Group (NASDAQ: SALM) reported its Q3 2021 results, showing a 8.8% increase in total revenue to $66.0 million compared to Q3 2020. Operating expenses decreased 10.2% to $50.2 million, leading to an operating income surge of 232.5% to $15.8 million. Net income skyrocketed 6,615.5% to $22.1 million, or $0.81 per diluted share. Year-to-date figures also reflected growth, with total revenue up 10.1% to $189.1 million. The company anticipates Q4 revenue growth of up to 2% compared to last year.
Salem Media Group, Inc. (NASDAQ: SALM) will announce its third quarter 2021 financial results on November 4, 2021, after market close. A teleconference will follow at 4:00 P.M. Central Time for discussing the results. Interested parties can join by dialing (877) 524-8416 or through a webcast. A replay will be available until November 18, 2021. Salem Media specializes in Christian and conservative content, reaching millions through its various media properties.
Salem Media Group (NASDAQ: SALM) announced the launch of the Doug Collins Podcast on October 25. Hosted by former Congressman Doug Collins, the podcast aims to equip conservatives with insights into various topics from politics to personal advice. Collins, who served from 2013 to 2021 and was the Ranking Member on the U.S. House Judiciary Committee, expressed enthusiasm for the show. The Salem Podcast Network, launched in 2021, has gained popularity, ranking 12th in America with over 13 million monthly downloads.
Salem Media Group (NASDAQ: SALM) participated in Noble Capital Markets’ C-Suite Interview Series, where management discussed the company's diversified approach and customer-first strategy. Key highlights include successful refinancing aimed at significant debt reduction and growth drivers such as Salem Now and Salem Podcast Networks. The interview featured CEO Edward Atsinger and other executives, touching on Larry Elder's influence on the company and the impact of Facebook's conversion data issues on the media landscape. The interview was recorded on September 29 and is available on Channelchek.