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 (OTCQX: SALM) has announced the addition of Your Nightly Prayer podcast to its LifeAudio platform. Created by the Crosswalk.com team, the podcast offers nightly devotionals and prayers aimed at helping Christians end their day in spiritual reflection.
LifeAudio, part of Salem Web Network's 20-year legacy in Christian media, provides faith-based content through various podcasts covering topics from devotionals and prayer to family life and personal development. This new addition aligns with LifeAudio's mission to deliver faith on demand content to its growing Christian audience.
Salem Media Group continues to expand its position as America's leading multimedia company specializing in Christian and conservative content, serving millions of listeners, readers, and viewers nationally through radio, digital media, and book and newsletter publishing.
Salem Media Group (OTCQX: SALM) has announced the promotion of Laura Sheaffer to General Manager of WNYM-AM 970 the Answer, WMCA-AM 570 The Mission, and Salem Surround in New York. Sheaffer, who has served in various capacities in the New York market for the past ten years, most recently as General Sales Manager, succeeds Jerry Crowley who held the position for twelve years.
Senior Vice President Jeff Reisman praised Sheaffer's proven track record, competitive spirit, and leadership abilities. Sheaffer expressed her commitment to building upon the established momentum and leading the stations and streaming platforms to new heights. Salem Media Group operates as America's leading multimedia company specializing in Christian and conservative content, with properties spanning radio, digital media, and book and newsletter publishing.
Salem Media Group (OTCQX: SALM) has appointed Brad Parscale as Chief Strategy Officer. Parscale, known for his role as Digital & Media Director in Donald Trump's 2016 campaign and Campaign Manager in 2020, brings extensive experience in digital marketing and online strategy. His platforms, Campaign Nucleus and EyesOver, were key to Trump's 2024 presidential victory.
In his new role, Parscale will contribute his expertise in digital initiatives, technical insight, and political experience to Salem's mission. CEO David Santrella expressed enthusiasm about Parscale's appointment, citing his digital marketing experience and connections within conservative media. Parscale, who has recently undergone a faith transformation, will focus on expanding distribution channels and implementing new technologies to enhance Salem's content delivery.
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.