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) reported its first-quarter 2021 results, showing a 1.9% increase in total revenue to $59.4 million, compared to $58.3 million in Q1 2020. Operating expenses decreased significantly by 27.9% to $55.0 million. The company achieved an operating income of $4.4 million against a loss of $18.0 million last year. Net income improved to $0.3 million or $0.01 per diluted share, recovering from a net loss of $55.2 million. Digital media revenue rose 5.7% and publishing revenue surged 43.4%. The company forecasts a revenue increase of 13% to 15% for Q2 2021.
Salem Media Group (NASDAQ: SALM) will report its first quarter 2021 financial results after market close on May 6, 2021. A teleconference to discuss these results will occur the same day at 4:00 P.M. Central Time, available at (877) 524-8416 or via webcast. A replay will be accessible until May 20, 2021, by calling (877) 660-6853 with replay pin 13717857, or through the investor relations section of their website.
Salem Media Group (NASDAQ: SALM) has signed a multi-year extension for The Charlie Kirk Podcast, which ranks among the top 10 news podcasts in the U.S. with over 100 million downloads in the past year. The podcast will be managed through the Salem Podcast Network, enhancing Salem's portfolio in conservative media. Charlie Kirk, noted for his influence in conservative politics, expressed enthusiasm for the partnership, highlighting Salem's impact in the industry. This collaboration aims to strengthen content delivery in the Noon to 3 PM ET slot.
Salem Media Group (NASDAQ: SALM) announces the retirement of Chuck Jewel from its Houston cluster of stations, effective April 30, 2021. Jewel has been with Salem for over 16 years, having joined in 2004. Darren Ryder, who has over 20 years of experience in media management, will succeed him as General Manager. Ryder previously led teams at Time Warner Cable and Townsquare Media and has experience with Salem in Orlando. Salem Media specializes in Christian and conservative content across various media platforms.
Salem Media Group (NASDAQ: SALM) announces that Charlie Kirk will join the lineup on 77WABC Radio and 107.1 FM WLIR starting April 12th at noon ET. Kirk, known for his conservative influence and as a host of one of the top 10 podcasts in the USA, aims to enhance the station's reputation. John Catsimatidis, owner of the station, praised Kirk's dynamic presence, while the network's executives believe his addition will positively impact listeners and advertisers. Kirk previously joined the Salem Radio Network on October 5th, demonstrating growing audience engagement.
Salem Media Group, Inc. (NASDAQ: SALM) announced that Aubrey Sampson will join the weekday afternoon talk show “The Common Good” on Chicago’s AM 1160 starting April 7. Sampson, an accomplished author and co-founder of Renewal Church, will co-host with Brian From. The addition is seen as a significant move for AM 1160, aiming to enhance community engagement and address relevant issues. Sampson expressed enthusiasm for continuing the show's mission of meaningful discourse and connection, building on the work of previous hosts.
Salem Media Group (NASDAQ: SALM) announces the return of Southern Gospel personality Greg Goodman to Singing News Radio, where he will host the Top 20 Weekly Countdown. Goodman, who originated the show's earlier format, expressed excitement about rejoining the network. His first broadcast is scheduled for Easter weekend. The countdown is broadcast across more than 140 stations in the US and Canada. Salem Media Group is recognized as a leader in delivering Christian and conservative content through various media platforms.
Salem Media Group (NASDAQ: SALM) has announced that its 2021 annual meeting of stockholders will be held virtually on May 5, 2021, at 11:30 a.m. CDT due to COVID-19 concerns. Stockholders entitled to attend must hold shares as of the record date, March 10, 2021. Attendance will be via www.virtualshareholdermeeting.com/SALM2021, using a 16-digit voting control number found on proxy materials. The company encourages stockholders to vote in advance.
Salem Media Group (NASDAQ: SALM) has announced the addition of the Todd Starnes Podcast to its Salem Podcast Network, commencing distribution on April 5, 2021. Todd Starnes, a prominent conservative voice and award-winning journalist, aims to expand his reach through this partnership. The Salem Podcast Network has seen significant growth since its January 2021 launch, achieving over 30 million downloads, with an average of 2.4 million weekly downloads in February 2021. This collaboration reflects Salem's focus on delivering conservative content.
Salem Media Group (NASDAQ: SALM) announced that Shaun Thompson will be the new afternoon host on AM 560 The Answer, effective March 22, 2021. Thompson has been a weekend host since 2016 and previously filled in for Steve Cortes, who is leaving for a national television project. Jeff Reisman, regional VP, highlighted Thompson's connection with listeners and his extensive background in radio and business. Thompson expressed gratitude for the new role and appreciation for Cortes, promising an engaging experience for the audience.
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