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Company News

Salem Q2 Revs Climb 5.2%, Loss Swings to Profit Christian radio broadcaster Salem Communications posted a 5.2% second quarter revenue boost to $53.1 million from $50.5 million in 2009. Operating income (OI) grew to $10.1 million from a loss of $6.5 million. The company reported earnings of $700,000 (3 cents per share) as compared to a loss of $5 million (21 cents) i More

Salem Closes on Buy of WWRC-AM/Washington DC Red Zebra Broadcasting has closed on its sale of 5kw Business Talk WWRC-AM (Money 1260)/Washington, DC, to Salem Communications for $3.1 million. Red Zebra acquired the station in 2008 from Clear Channel as part of a multi-station deal which included Sports WTEM-AM (ESPN 980). WTEM is the flagship for the Washington Re More

AirKast Inks Mobile Deals with Bonneville, NRG, Hall AirKast, a mobile digital content provider, and Triton Digital Media have jointly completed agreements with Bonneville, NRG Media and Hall Communications. AirKast will deliver TuneKast mobile applications for the iPhone, BlackBerry and Android platforms that integrate with Triton Digital's streaming, measurement, and a More

Curtis Media Names McTighe as National Sales Mgr. Curtis Media Group appoints Alex McTighe to Group National Sales Manager, effective August 9. In his new role, McTighe will be responsible for the company's national billing in both the Raleigh-Durham and Greensboro-Winston Salem markets. He joins the company from McGavren Guild Media where he was an account executive in the fir More

DBC Elevates Goodman to Director/Programming CHR WKZL-FM/Greensboro-Winston Salem Program Director and afternoon host Jason Goodman is upped to Director of Programming for Dick Broadcasting. He will continue as PD of WKZL with plans to spend more time working with Rock WKRR-FM (Rock 92). Prior to joining WKZL in February, 2005, as APD, Goodman served as Assistant PD/MD and More

Norsan Multimedia Adds Two Stations in Greensboro Charlotte-based Norsan Multimedia has agreed to acquire control of Classic Country WIST-FM (98.3) and WBLO-AM (790)/Greensboro-Winston Salem from GHB Broadcasting. The Spanish-language network has inked a Local Marketing Agreement (LMA) to operate the duo with an option to buy. The deal increases the company's station count to 1 More

Glenn Beck Program Marks 400th Affiliate Milestone Premiere Radio Networks syndicated Glenn Beck has hit a milestone of 400 affiliates with the addition of Salem Communications' KRLA-AM in Los Angeles. KRLA will begin airing the program live on weekdays from 6-9am, beginning July 6. Beck commented, "I have been doing radio since I was 13 years old, so this milestone is par More

Salem Inks CEO Atsinger to 3-Year Contract Extension Salem Communications co-founder and CEO Ed Atsinger inks a three-year contract extension that will keep him with the Christian radio broadcaster through June, 2010. According to a filing with the SEC, the agreement, which takes effect July 1, provides for an annual salary of $855,000 for the first year, $875,000 in year two and More

Salem Flips WWRC-AM/Washington DC to News/Talk Salem flips Business Talk WWRC-AM/Washington, DC, to News/Talk "1260 WRC" under a Local Marketing Agreement (LMA) with Red Zebra Broadcasting. Earlier this year, Salem agreed to acquire WWRC. The new lineup includes Salem's Bill Bennett, Mike Gallagher, Dennis Prager, Michael Medved and Hugh Hewitt. Salem Radio Network VP/ More

BIA/Kelsey Reveals Top Ownership Groups of 2009 Clear Channel was the top radio ownership group of 2009, with revenues of $2.3 billion according to the new edition of "Investing In Radio Ownership Report" from BIA/Kelsey. CC was followed by CBS Radio ($1.2 billion), Citadel ($595 million), Cumulus Media ($412 million) and Entercom ($384 million). Cox Radio (362.4 millio More

Salem Q1 Revenue Flat, Broadcast Down 2.3% Salem Communications posted first quarter consolidated revenue of $48.3 million, essentially flat over 2009. Operating income from continued operations fell 9.2% to $8.1 million from $8.9 million. The Christian radio broadcaster reported a decline in net earnings to $0.2 million (1 cent per diluted share) as compared with $2.9 m More

Salem, AirKast Launch 57 Radio Station Mobile Apps Christian radio broadcaster Salem Communications signs with AirKast to launch 57 radio station mobile applications designed for listeners with either iPhone or BlackBerry devices. Some seventy-one Salem radio outlets will have both iPhone and BlackBerry mobile app available to listeners by this May. "We are thrilled with t More

Red Zebra Sells WWRC-AM/Washington to Salem Red Zebra Broadcasting has agreed to sell Business Talk WWRC-AM (Money 1260)/Washington, DC, to Salem Communications. Red Zebra acquired the station in 2008 from Clear Channel as part of a multi-station deal which included Sports WTEM-AM (ESPN 980). WTEM is the flagship for the Washington Redskins and its network. Salem als More

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