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Salem to Offer $300 Million of Senior Secured Notes


Christian radio broadcaster Salem Communications intends to offer $300 million in senior secured second lien notes due 2016 to qualified institutional buyers. Salem intends to use the net proceeds and the borrowings under a new $30 million senior secured credit facility to repay its existing credit facilities and its 7 3/4 percent senior subordinated notes due 2010.

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Latest Radio Stories

AURN Elevates Isaiah Bryant to Senior VP Role
Isaiah Bryant
Isaiah Bryant
American Urban Radio Networks (AURN) has promoted Isaiah Bryant to Senior Vice President of Revenue & Strategic Partnerships, expanding his leadership responsibilities across the company's national sales and business development efforts. In his new role, Bryant will oversee AURN's national revenue More

KCMO Talk Radio Expands into Topeka on 102.9 FM
KCMO Talk Radio Kansas City
KCMO Talk Radio Kansas City
Cumulus Media has expanded the reach of its Kansas City-based KCMO Talk Radio (95.7 FM & 710 AM) with the launch of a full-time simulcast on KTOP-FM (102.9) in Topeka. The new format debuted at noon Central time Monday, replacing the station's previous Country format as "102.9 Cat More

Report: RAB Offers Guidance on Radio Ad Frequency
Cumulus Media | Westwood One
Cumulus Media | Westwood One
A new blog from the Cumulus Media | Westwood One's Audio Active Group is challenging common assumptions about radio advertising frequency, arguing that many advertisers and sellers significantly underestimate the number of commercials needed to achieve campaign goals. In the latest blog, Pierre Bouvard More
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NPR Names Nadine Zylstra Chief Content Officer
Nadine Zylstra (photo credit: Jalene Zabrucky)
Nadine Zylstra (photo credit: Jalene Zabrucky)
NPR has appointed Nadine Zylstra as its new Chief Content Officer. She joins NPR from Pinterest, where Zylstra served as Global Head of Programming and Originals. In her new role, she will oversee NPR's content portfolio, leading more than 600 journalists and storytellers across news, arts and cultural More

RAB Debuts AI-Focused Sales Webinar Series
Radio Advertising Bureau (RAB)
Radio Advertising Bureau (RAB)
The Radio Advertising Bureau (RAB) is launching a new four-part live presentation series aimed at helping broadcasters leverage artificial intelligence to improve sales performance, identify new business opportunities and drive revenue growth. Entitled "The AI Advantage for Radio Sales," the series More

Geoff and Danielle Join WGTH for Afternoons
Geoff and Danielle
Geoff and Danielle
Christian FM Media announces that the Geoff and Danielle Show will join Gospel WGTH in Richlands VA. The duo will host weekday afternoons from 3-7pm starting Monday, June 8, on 105.5 FM, 540 AM, and streaming at wgth.net. "We are excited to partner with Ron Brown and the entire WGTH team to bring Geoff More

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