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 (OTCQX: SALM) has announced major financial restructuring initiatives that will eliminate its long-term debt. The company has repurchased all $159.4 million of its 7.125% Senior Secured Notes at a $37.1 million discount and issued $40 million in new convertible preferred stock. Additionally, SALM has agreed to sell seven radio stations to Educational Media Foundation (EMF) and enter into a marketing agreement for total consideration of $90 million.
The company will issue $24 million in subordinated notes to be later converted into Series A Preferred Stock, and has issued $40 million of Series B Convertible Preferred Stock to WaterStone. The radio station sale is expected to close in first half 2025, with EMF beginning operations around February 1, 2025. SALM has also extended its Asset Based Loan revolving facility with Siena Lending Group for one year.
Salem Media Group (OTCQX: SALM) has announced a multi-year contract extension with Joe Piscopo as morning drive host on AM 970 The Answer in New York City. Piscopo, known for his role on Saturday Night Live (1980-84), has been hosting the weekday show from 6-10am ET since 2014. The show features News Anchor Al Gattullo, Traffic with Debbie DuHaime, and Weather with Stephen Parr.
Salem VP & General Manager Jerry Crowley praised Piscopo's talent and audience connection, while General Sales Manager Laura Sheaffer highlighted strong audience and advertiser response. The company expects continued growth for the show in 2025 and beyond.
Salem Media Group (OTCQX: SALM) announced that its platform SeniorResource.com has published a new guide titled 'Top 99 Best Retirement and Senior Living Resources Near Cleveland' by Jennifer Otto. The comprehensive guide, available on Amazon.com, focuses on helping seniors and caregivers in Cleveland and northeast Ohio find essential resources including housing options, meal services, and assisted living facilities. The author, a northeast Ohio resident and senior advocate, has curated information about local agencies on aging, affordable housing programs, meal delivery services, and retirement communities.
Salem Media Group (OTCQX: SALM) announced significant lineup changes for Salem Radio Network (SRN) and Salem News Channel (SNC) effective January 13th. Hugh Hewitt will move his morning program to afternoons (3-6pm ET), replacing Dr. Sebastian Gorka, who is joining the Trump administration as Deputy Assistant to the President. Chris Stigall, currently hosting mornings in Philadelphia on AM 990, will take over Hewitt's morning slot (6-9am ET) while maintaining his Philadelphia show.
Both shows will be syndicated on SRN and simulcast on SNC, which broadcasts in 56 markets across multiple streaming platforms. Hewitt currently has over 450 affiliates on the Salem Radio Network.
Salem Media Group (OTCQX: SALM) has announced that its streaming service SalemNOW is now streaming the documentary 'Fentanyl: Death Incorporated' by Dr. Robert Marbut Jr. The documentary, an exclusive SalemNOW pre-release, provides comprehensive coverage of the fentanyl crisis through interviews with intelligence operatives, law enforcement, medical professionals, policymakers, and affected families. The film is available on SalemNOW.com and various streaming platforms including ROKU, Apple TV, Android TV, Amazon Fire, and Vizio TVs.
Salem Media Group (OTCQX: SALM) has announced the release of its third quarter 2024 quarterly report on its investor relations website. The company operates as America's leading multimedia organization focused on Christian and conservative content, encompassing radio, digital media, and publishing divisions. Salem's portfolio serves millions of national listeners and readers daily with programming, commentary, and information from respected figures in the Christian and conservative media landscape.
Salem Media Group (OTCQX: SALM) and Breitbart News Network have announced the launch of 'The Alex Marlow Show – A Breitbart News Podcast' on the Salem Podcast Network, starting November 6, 2024. The daily podcast will be hosted by Alex Marlow, Breitbart's editor-in-chief and New York Times bestselling author. The Salem Podcast Network, launched in January 2021, ranks 11th among podcast networks on the Triton Digital platform, averaging 17 million downloads monthly. This partnership brings together Salem's established podcast network with Breitbart's news reporting capabilities.
Salem Media Group (OTCQX: SALM) announced that SalemNOW, their Conservative and Christian streaming service, is now streaming Dinesh D'Souza's documentary 'Vindicating Trump'. The film explores various 'assassination' attempts on Trump, including character, political, and legal assaults. It features interviews with Lara Trump, Alina Habba, and Trump himself.
D'Souza praised SalemNOW for supporting conservative voices. Robert Ellis, SalemNOW's General Manager, emphasized the film's importance before the upcoming election. SalemNOW offers exclusive conservative and faith-based content, available on multiple platforms. Salem Media Group specializes in Christian and conservative content across radio, digital media, and publishing, serving millions of listeners and readers nationally.
Salem Media Group (OTCQX: SALM) has announced a new podcast partnership between its LifeAudio Christian podcast network and Jesus Calling. The Jesus Calling podcast, based on the popular devotional series by Sarah Young, will now be available on LifeAudio, offering daily messages of hope and faith to listeners.
This partnership expands LifeAudio's lineup of faith-based podcasts, furthering its mission to deliver biblically-centered content to Christian audiences. LifeAudio, part of Salem Web Network, has been providing inspirational Christian content for over 20 years through various media brands.
Salem Media Group, known for its focus on Christian and conservative content, operates across radio, digital media, and publishing platforms, reaching millions of listeners and readers nationally.
Salem Media Group (OTCQX: SALM) announced the retirement of Jerry Crowley, Vice President/General Manager of Salem Media of New York, effective end of 2024. Crowley has been with Salem since 2013, leading WMCA 570 AM and WNYM 970 AM in the New York market. His 11-year tenure at Salem follows 18 years in key management positions at WOR, New York.
CEO Dave Santrella praised Crowley's depth of knowledge, energy, and influence on staff, ministry partners, and advertising clients. Crowley expressed his high regard for Salem, calling it "the greatest national media company in America" and encouraging others to pursue careers in broadcasting.
Salem Media Group specializes in Christian and conservative content across radio, digital media, and publishing, serving millions of listeners and readers nationally.
FAQ
What is the current stock price of Salem Media (SALM)?
What is the market cap of Salem Media (SALM)?
