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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Norsan Media to Acquire KGSR-FM in Austin for $3.5M

Norsan Media

Norsan Media has agreed to acquire KGSR-FM (93.3) in Austin, TX, from Waterloo Media for $3.5 million. The station operates with 100,000 watts and serves the Austin market with a Classic Hip Hop format branded as Vibe 93.3. Following the transaction, Waterloo Media will retain ownership of several More

Red Apple Expands Lee Harris Leadership Role

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Rep. Tom Emmer Pushes for AM Radio Protection Bill

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Podcast Listening Climbs 386% Since 2016

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Americans are spending more time with podcasts than ever before, with total weekly podcast consumption increasing 386% over the past decade, according to new data from Edison Research's Share of Ear study conducted with SSRS. The research shows U.S. consumers age 13 and older now spend 812 million hours More

Power4+ HBCU Esports League Unveils Name, Logo

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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

Follow us on:

Copyright © 1989-2026 RADIO ONLINE ®

Copyright © 1989-2026 RADIO ONLINE ^®