Salem Media Group Q3 Revs Down 4.8%, $0.75 EPS Loss

Salem Media Group

Salem Media Group reported third quarter net broadcast revenue declined 4.8% to $45.3 million from 47.6 million in 2019. Total broadcast advertising/spot revenue declined 21.7%, while station operating income (SOI) grew 7.1% and digital media rose 7.2%. Adjusted EBITDA gained 6.9% to 9 million. The company posted a net loss of $20 million (-75 cents per diluted share) as compared to a net income of $329,000 (1 cent) in the year-ago period.

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iHeart Tampa Expands WDAE, Launches Rumba 95.3

WDAE-AM & FM and Rumba 95.3 & 102.9

iHeartMedia Tampa Bay is expanding its Sports and Spanish-language offerings with the debut of 95.7 WDAE, Tampa Bay's Sports Radio, and the launch of Rumba 95.3 and 102.9, effective Monday, February 23. 95.7 WDAE (95.7 FM/620 AM) will add a 100kw FM signal, strengthening its reach while continuing its More

Gillen Broadcasting Owner & GM Doug Gillen Dies

Doug Gillen

The longtime owner of Gainesville-based Gillen Broadcasting has died. Douglas J. Gillen was the owner and General Manager of Gillen Broadcasting, which operates CHR WYKS-FM (KISS 105.3) and Urban WAJD-AM & W255CV (98.9 JAMZ). The Gillen family acquired the stations in 1987, and Gillen served as General More

Albany County Honors B95.5's Chad O'Hara for 30 Years

Albany County Exec Dan McCoy (right) & B95.5's Chad O'Hara

Albany County Executive Dan McCoy has issued a formal proclamation recognizing longtime radio personality Chad O'Hara for 30 years of broadcasting service on WYJB-FM (B95.5) in Albany, NY. The honor was presented on February 10, a date that marks both O'Hara's birthday and the anniversary of his first More

MARC Expands with Lakeland Station Purchase

MARC Radio

MARC Radio Group is expanding its footprint in Central Florida with the acquisition of several stations serving the Lakeland-Winter Haven market. The company announced it has agreed to purchase Country WPCV-FM (97.5), Adult Hits WONN (1230), W296CS (107.1) and W240DB (95.9), along with Talk WLKF-AM (1430) More

PMI Names Inaugural Board, LaFontaine Oliver as Chair

Public Media Infrastructure (PMI)

Public Media Infrastructure (PMI) has appointed its inaugural Board of Trustees, naming LaFontaine Oliver as Chair and adding five new members representing stations across the country. Oliver, Executive Chair of New York Public Radio, will lead the board as PMI begins formal operations. The new trustees More

Prendergast Named Life 107.1 Des Moines Station Manager

Mike Prendergast

Northwestern Media has named Mike Prendergast Station Manager of KNWI (Life 107.1) in Des Moines, beginning March 16. Previously, he provided special assistance on programming operations for Pillar Media's KJHM-FM (Star 101.5) in Denver. Prendergast is also the former Program Director at KLTY in Dallas. In More

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Salem Media Group Q3 Revs Down 4.8%, $0.75 EPS Loss

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Salem Media Group Q3 Revs Down 4.8%, $0.75 EPS Loss

Latest Radio Stories

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Copyright © 1989-2026 RADIO ONLINE ®

Copyright © 1989-2026 RADIO ONLINE ^®