Salem Media Group, Inc. operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio networks, which produce and distribute talk, news, website, satellite services, and music networking to radio stations, as well as sells commercial airtime. It also provides Christian, conservative, investing content, e-commerce, audio and video streaming, and other resources digitally through Christian content websites, including BibleStudyTools.com, Crosswalk.com, GodVine.com, iBelieve.com, GodTube.com, OnePlace.com, Christianity.com, GodUpdates.com, CrossCards.com, ChristianHeadlines.com, LightSource.com, AllCreated.com, ChristianRadio.com, CCMmagazine.com, SingingNews.com, and SouthernGospel.com; and conservative opinion websites, such as Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, ConservativeRadio.com, and pjmedia.com, as well as mobile applications. In addition, the company publishes digital newsletters that provide market analysis and non-individualized investment strategies; and operates Church product websites comprising SermonSearch.com, ChurchStaffing.com, WorshipHouseMedia.com, SermonSpice.com, WorshipHouseKids.com, Preaching.com, ChristianJobs.com, Youthworker.com, Childrens-Ministry-Deals.com, JourneyBoxMedia.com, Hyperpixels.com, and Playblackmedia.com that offer resources to churches and ministries. Further, it offers publication of conservative, Christian, and history books; Xulon Press, a print-on-demand self-publishing service; Mill City Press that publishes books; and Singing News print magazine, as well as provides digital marketing services. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. Salem Media Group, Inc. was incorporated in 1986 and is based in Irving, Texas.
IPO Year: 1999
Exchange: NASDAQ
Website: salemmedia.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/8/2022 | $6.00 | Buy | EF Hutton |
| 12/22/2021 | $6.00 | Buy | Spartan Securities Group |
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4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
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EF Hutton initiated coverage of Salem Media Group with a rating of Buy and set a new price target of $6.00
Spartan Securities Group initiated coverage of Salem Media Group with a rating of Buy and set a new price target of $6.00
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Salem Media Group, Inc. (OTCQX:SALM) announced today that it appointed Richard A. von Gnechten as Chairman of the Board, with responsibilities of overseeing Board and Annual Stockholders meetings. Mr. Edward G. Atsinger, III will retain the title of Executive Chairman with responsibilities of overseeing operations of the Company and will remain in this role through December 31, 2025. About Salem Media Group Salem Media Group is America's premier multimedia company specializing in Christian and conservative content. Through its national radio network, digital platforms, and publishing brands, Salem reaches millions daily with powerful content that drives the national conversation. Learn
Salem Media Group, Inc. (OTCQX:SALM) announced today that after nearly three decades of broadcasting excellence and faithful service to listeners across the Pacific Northwest, Georgene Rice has announced her retirement from both 93.9 KPDQ-FM (Portland) and 820 AM The Word-KGNW (Seattle). Her final broadcast of The Georgene Rice Show will air on Friday, August 29, 2025, marking the end of a remarkable career in Christian radio. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250807254365/en/Georgene Rice Known for her thoughtful commentary, engaging interviews, and unwavering commitment to biblical truth, Georgene has been a trust
Salem Media Group, Inc. (OTCQX:SALM) announced today its second quarter 2025 Quarterly Report has been posted on its investor relations website. About Salem Media Group Salem Media Group is America's premier multimedia company specializing in Christian and conservative content. Through its national radio network, digital platforms, and publishing brands, Salem reaches millions daily with powerful content that drives the national conversation. Learn more at salemmedia.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20250811144023/en/ Company Contact: Sara Broadwater [email protected]
Salem Media Group, Inc. (OTCQX:SALM) announced today that Harrison Weinhold has joined the company as a consultant focused on driving audience and revenue growth for Salem's expanding podcast portfolio. Weinhold brings a proven track record in conservative digital media. Most recently, he served as Head of Growth at The Blaze, where he led digital strategy and audience development. Prior to that, he was Director of Digital Marketing at The Daily Caller, overseeing campaigns that significantly increased reach and engagement. "As Salem continues to strengthen its position in the digital marketplace, adding top-tier talent like Harrison reflects our commitment to building a team that can c
Salem Media Group, Inc. (OTCQX:SALM) announced today that the company and certain of its subsidiaries entered into a Third Amendment to Loan and Security Agreement, dated as of July 28, 2025 (the "Amendment") with Siena Lending Group LLC. The Amendment amends the Loan and Security Agreement, dated as of December 26, 2023 (as amended, supplemented or otherwise modified, including pursuant to the Amendment, the "Loan Agreement"), by and among Salem Media Group, Inc. and certain of its subsidiaries as borrowers and Siena Lending Group LLC as the lender. The Amendment, among other things, adds additional real property owned by Salem Radio Properties, Inc. to the collateral under the Loan Agre
Salem Media Group, Inc. (OTCQX:SALM) today announced the acquisition of Jim Fink's suite of investment advisory products, including Seasonal Stock Alert, Options for Income, Velocity Trader, and Inner Circle. In conjunction with the acquisition, Salem has launched a dedicated online platform for Fink's services at www.JimFinkInvesting.com. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250730854794/en/Jim Fink This acquisition strengthens Eagle Financial Publications, Salem's leading financial publishing division, by adding one of the industry's most respected options and trading strategists to its roster. Eagle's portfolio alre
Salem Media Group, Inc. (OTCQX:SALM) announced today the exclusive release of What Is a Doctor?, a hard-hitting new documentary now streaming on SalemNOW. Produced in partnership with America's Frontline Doctors, the film exposes the dangerous shift in modern medicine as ideology and censorship replace ethics and trust. Dr. Simone Gold, founder of America's Frontline Doctors, leads this unapologetic examination of how medicine is being politicized, threatening free speech, medical autonomy, and the core doctor-patient relationship. "This is a wake-up call," said Dr. Gold. "We're watching medicine become weaponized against the people it's meant to serve. This film asks the question every
Salem Media Group, Inc. (OTCQX:SALM) is proud to announce the launch of "The Scott Jennings Show", a new daily program that adds a powerful voice to the frontlines of the conservative movement. Beginning Monday, July 14, the show will air weekdays from 2:00 to 3:00 PM ET on the Salem Radio Network (SRN) and be available on demand via the Salem Podcast Network (SPN). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250701194274/en/Scott Jennings Jennings, known to millions as the rare conservative who wins debates inside the lion's den of CNN, will bring his signature fire and facts to the Salem lineup. The program replaces The Jac
Salem Media Group, Inc. (OTCQX:SALM) announced today, in a landmark move to advance its mission of spreading the Gospel across America, it has launched a powerful new Christian Teaching and Talk radio presence in South Florida, bringing biblical truth, teaching, and encouragement to more than 7.5 million people across the region. "This is more than a station launch—it's a calling fulfilled," said David Santrella, Chief Executive Officer of Salem Media Group. "Miami has long been underserved by strong, consistent Christian broadcast content. Salem was called to fill that gap. This expansion is a bold step in our mission to proclaim the Good News through every available channel." This mar
Salem Media Group, Inc. (OTCQX:SALM) announced today that GodTube, the trusted destination for uplifting, family-friendly entertainment, is officially launching GodTube Music, a dynamic new platform dedicated to Christian music news, artist interviews, and exclusive live performances. Launched on March 1st, GodTube Music is already resonating with audiences across the world. GodTube Music, a proud member of the GodTube.com family, is rapidly establishing itself as the premier daily source for Christian music enthusiasts. It's the place to be for first looks at new song and music video releases, timely updates on both established and emerging artists, plus exclusive performances and artist
Live finance-specific insights
Salem Media Group, Inc. (OTCQX:SALM) today announced the acquisition of Jim Fink's suite of investment advisory products, including Seasonal Stock Alert, Options for Income, Velocity Trader, and Inner Circle. In conjunction with the acquisition, Salem has launched a dedicated online platform for Fink's services at www.JimFinkInvesting.com. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250730854794/en/Jim Fink This acquisition strengthens Eagle Financial Publications, Salem's leading financial publishing division, by adding one of the industry's most respected options and trading strategists to its roster. Eagle's portfolio alre
Salem Media Group, Inc. (OTCQX:SALM) announced today that it has entered into a series of transactions pursuant to which it has repurchased all $159.4 million of its outstanding 7.125% Senior Secured Notes due 2028 (the "2028 Notes") at a $37.1 million discount, including accrued interest, has issued $40 million of a new series of convertible preferred stock, and has agreed to sell seven radio stations and enter into a marketing agreement for total consideration of $90 million. David Santrella, Salem's Chief Executive Officer said, "Upon the closing of these three transactions, we will have transformed and significantly improved Salem's balance sheet and capital structure. With the except
Salem Media Group, Inc. (OTCQX:SALM) announced today the sale of its principal office in Camarillo, California to Eclipse RE Holdings, LLC for $5.5 million, closing on May 1, 2024. Salem will leaseback the building for five years, an approximate 41,546 square foot building situated on approximately 121,532 (2.79 acres) square feet of CPD zoned land. ABOUT SALEM MEDIA GROUP: Salem Media Group is America's leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. Wi
Salem Media Group, Inc. (NASDAQ:SALM) announced today that it has reached an agreement with Skyhorse Publishing to sell Regnery Publishing. The company expects to close the transaction by the end of the year. David Evans, Chief Operating Officer of Salem Media, said, "We are thrilled to pass the torch of the oldest and most respected conservative publishing company in America to Free Speech advocate Tony Lyons and his incredibly successful Skyhorse Publishing. Salem is committed to the dissemination of conservative ideas and is excited that Skyhorse will both be a powerful steward of this important brand and an engine for its future growth." Tony Lyons, President and Publisher of Skyhor
Salem Media Group, Inc. (the "company") (NASDAQ:SALM) released its results for the three and nine months ended September 30, 2023. Third Quarter 2023 Results For the three months ended September 30, 2023 compared to the three months ended September 30, 2022: Consolidated Total revenue decreased 5.0% to $63.5 million from $66.9 million; Total operating expenses increased 31.9% to $99.8 million from $75.6 million; Operating expenses, excluding stock-based compensation expense, debt modification costs, gains and losses on the sale or disposition of assets, impairments, depreciation expense and amortization expense (1) increased 0.2% to $61.0 million from $60.8 million; Operat
Salem Media Group, Inc. (the "company") (NASDAQ:SALM) released its results for the three and six months ended June 30, 2023. Second Quarter 2023 Results For the three months ended June 30, 2023 compared to the three months ended June 30, 2022: Consolidated Total revenue decreased 4.2% to $65.8 million from $68.7 million; Total operating expenses increased 13.9% to $69.9 million from $61.4 million; Operating expenses, excluding stock-based compensation expense, debt modification costs, gains and losses on the sale or disposition of assets, impairments, depreciation expense and amortization expense (1) increased 5.2% to $63.1 million from $60.0 million; The company had an op
Salem Media Group, Inc. (the "company")(NASDAQ:SALM) released its results for the three months ended March 31, 2023. First Quarter 2023 Results For the three months ended March 31, 2023 compared to the three months ended March 31, 2022: Consolidated Total revenue increased 1.4% to $63.5 million from $62.6 million; Total operating expenses increased 17.4% to $67.7 million from $57.6 million; Operating expenses, excluding stock-based compensation expense, debt modification costs, gains and losses on the sale or disposition of assets, impairments, depreciation expense and amortization expense (1) increased 11.4% to $62.1 million from $55.8 million; The company had an operatin
Salem Media Group, Inc. (NASDAQ:SALM) released its results for the three and twelve months ended December 31, 2022. Fourth Quarter 2022 Results For the quarter ended December 31, 2022 compared to the quarter ended December 31, 2021: Consolidated Total revenue decreased 0.5% to $68.8 million from $69.1 million; Total operating expenses increased 38.0% to $67.2 million from $48.7 million; Operating expenses, excluding stock-based compensation expense, debt modification costs, gains and losses on the sale or disposition of assets, legal settlement, impairments, depreciation expense and amortization expense (1) increased 5.7% to $61.6 million from $58.3 million; Operating income decr
Salem Media Group, Inc. (NASDAQ:SALM) released its results for the three and nine months ended September 30, 2022. Third Quarter 2022 Results For the quarter ended September 30, 2022 compared to the quarter ended September 30, 2021: Consolidated Total revenue increased 1.3% to $66.9 million from $66.0 million; Total operating expenses increased 50.7% to $75.6 million from $50.2 million; Operating expenses, excluding stock-based compensation expense, debt modification costs, gains and losses on the sale or disposition of assets, legal settlement, impairments, depreciation expense and amortization expense (1) increased 10.3% to $60.8 million from $55.2 million; The company had an o
Salem Media Group, Inc. (NASDAQ:SALM) released its results for the three and six months ended June 30, 2022. Second Quarter 2022 Results For the quarter ended June 30, 2022 compared to the quarter ended June 30, 2021: Consolidated Total revenue increased 7.7% to $68.7 million from $63.8 million; Total operating expenses increased 5.5% to $61.4 million from $58.1 million; Operating expenses, excluding gains or losses on the disposition of assets, stock-based compensation expense, debt modification costs, impairments, depreciation expense and amortization expense (1) increased 10.7% to $60.9 million from $55.0 million; The company's operating income increased 29.9% to $7.3 million
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Live Leadership Updates
Salem Media Group, Inc. (OTCQX:SALM) announced today that it appointed Richard A. von Gnechten as Chairman of the Board, with responsibilities of overseeing Board and Annual Stockholders meetings. Mr. Edward G. Atsinger, III will retain the title of Executive Chairman with responsibilities of overseeing operations of the Company and will remain in this role through December 31, 2025. About Salem Media Group Salem Media Group is America's premier multimedia company specializing in Christian and conservative content. Through its national radio network, digital platforms, and publishing brands, Salem reaches millions daily with powerful content that drives the national conversation. Learn
Salem Media Group, Inc. (OTCQX:SALM) announced today the retirement of Terry Fahy, a respected broadcast executive whose remarkable 43-year career with the company has shaped Christian media and local communities across the West Coast. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250520870831/en/Terry Fahy Terry began his career with Salem in 1982 as General Manager of KDAR-FM and quickly rose through the ranks to hold key leadership roles that have defined multiple generations of Christian radio. His roles have included General Sales Manager at KKLA-FM, Market Manager for Los Angeles, and Regional Vice President overseeing maj
Salem Media Group, Inc. (OTCQX:SALM) announced today the appointment of Richard von Gnechten and Jim Renacci to its Board of Directors, effective January 7, 2025. Messrs. von Gnechten and Renacci will stand for election to serve a full term on the Board of Directors at the 2025 Annual Meeting of Stockholders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250107626838/en/Richard von Gnechten (Photo: Business Wire) Salem Media Group's Executive Chairman, Edward G. Atsinger III, offered the following comment on these Board appointments: "I am delighted that Messrs. von Gnechten and Renacci have agreed to serve on Salem's Board of
Salem Media Group, Inc. (OTCQX:SALM) announced today the appointment of Brad Parscale as the company's Chief Strategy Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106008891/en/Brad Parscale (Photo: Business Wire) Parscale will contribute his innovative mindset, political experience, network, and technical insight to the expanding Salem Media Group mission and digital initiatives in this new role. Brad Parscale is a leading expert in digital marketing and online strategy, renowned for driving growth. As a digital architect and entrepreneur, Parscale has built and scaled companies through data-driven advertising, s
Salem Media Group, Inc. (OTCQX:SALM) announced today that SalemNOW, the leading Conservative and Christian streaming service, has released David Bossie's film: Trump's Rescue Mission: Saving America. A brilliant film producer and conservative powerhouse, David N. Bossie has led Citizens United for over 20 years and produced nearly 30 award-winning films. Bossie has served as Deputy Campaign Manager for Donald J. Trump for President and was the Deputy Executive Director for the Trump Transition Team. This year, he co-chaired the Republican National Convention in Milwaukee. Bossie's dynamic vision is fulfilled in his newest film – Trump's Rescue Mission: Saving America. Trump's Rescue Missi
Salem Media Group, Inc. (OTCQX:SALM) announced today that Salem News Channel has launched on Pluto TV. This new partnership with Pluto TV, one of the largest FAST channel platforms and streaming TV distributors, will significantly increase SNC's audience reach. Cary Pahigian, Vice President & General Manager of Salem News Channel, said, "Pluto TV has established itself as one of the leading channels for free, ad-supported television. We are pleased to have been invited to join their impressive line-up. SNC is now among the fastest growing TV news channels in America, and Pluto TV will quickly accelerate our further growth." Salem News Channel, a Salem Media Group company, is a 24/7 news
Salem Media Group, Inc. (OTCQX:SALM) announced Christian Kligora as the new West Region Digital Sales Director on its digital marketing firm, Salem Surround. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240523736968/en/Christian Kligora (Photo: Business Wire) Christian brings a wealth of digital marketing and operational experience to Salem with his work for Marketron where he served in an executive leadership position driving business development. Prior to that, Christian had over a decade of building teams and driving revenue and operational growth for Gannett's Local IQ and its predecessor, ReachLocal where he oversaw the g
Salem Media Group, Inc. (NASDAQ:SALM) announced today that Lara Trump is bringing her podcast "The Right View" to the Salem Podcast Network and will be delivering podcasts three days a week beginning January 16th. Her podcast will deal with issues of the day and include interviews with knowledgeable hosts on those topics. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240104979527/en/Lara Trump (Photo: Business Wire) "Lara Trump is a true star in conservative political circles, and has developed a fan base of millions," said Salem Senior Vice President of Spoken Word, Phil Boyce. "She is committed to doing her part to save Ameri
Salem Media Group, Inc. (NASDAQ:SALM) announced today that "Grace and Truth with Owen Strachan" will join the Salem Podcast Network, effective October 3, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231003002900/en/Owen Strachan (Photo: Business Wire) The podcast will be hosted by Owen Strachan, provost and research professor of Theology at Grace Bible Theological Seminary. Strachan is the author of twenty books, including his latest The War on Men: Why Society Hates Them and Why We Need Them, which has just been released by Salem Books. Each week, three episodes of "Grace and Truth" will be released. "Salem Podcast Ne
Salem Media Group, Inc. (NASDAQ:SALM) announced today the appointment of Carolyn Cassidy as General Manager of its five-station radio group and of Salem Surround in Tampa and Sarasota, Florida. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230428005490/en/Carolyn Cassidy (Photo: Business Wire) Cassidy is currently the General Manager of Salem's Columbus, OH operation, she will retain those responsibilities in addition to her new role as GM in Tampa/Sarasota. In her extensive broadcasting background, Cassidy has served in sales leadership and General Management roles in Colorado Springs, Denver, Cape Cod, Vermont and Ohio. Carol