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Salem Media Group Shrinks Board to Reduce Costs

Salem Media Group

Salem Media Group has announced the resignation of board members James Keet Lewis, Jonathan Venverloh, Stuart W. Epperson Jr. and Edward C. Atsinger from its board of directors, effective September 11. SMG's CEO Edward G. Atsinger III commented, "The board More

Salem Media Group Announces Quarterly Cash Distribution

Salem Media Group

Salem Media Group has announced that its board of directors has declared a cash distribution for the third quarter of 2019 in the amount of $0.065 per share. The cash distribution will be paid on September 30 to all Class A and Class B common stockholders of More

Former FEMA Head Notes Lifeline Role of Local Radio and TV

Hurricane Dorian (from NOAA)

As Hurricane Dorian approaches Florida and is expected to move up the Eastern U.S. coast, Craig Fugate, who served as FEMA's administrator from 2009-2017, asked those in the path to tune to local radio stations for updates from local government officials and storm updates. In a Twitter post, he More

MRN to Sponsor #77 at Darlington in Honor of Radio Partners

Motor Racing Network (MRN) will partner with Spire Motorsports as the sponsor of the No. 77 Motor Racing Network Chevrolet Camaro ZL1, driven by Reed Sorenson, for the Monster Energy NASCAR Cup Series (MENCS) Bojangles' Southern 500 at Darlington Raceway on Labor Day weekend. The livery will pay More

Talk Radio Host Joe Walsh to Challenge Trump in Primary

Conservative talk radio host and former Rep. Joe Walsh (R-IL) plans to challenge President Trump for the Republican nomination in 2020. Currently syndicated by Salem Media in evenings, the Chicago-based talk host also airs on News/Talk WIND-AM (560 The Answer), where he holds down the 5-7pm slot. More

American Gospel Radio Show Joins Singing News Radio Network

Rodney Baucom

Salem Media Group has announced that the "American Gospel Radio Show" is coming to the Singing News Radio Network. The show is hosted by Gerald Wolfe and Joseph Habedank, and airs Saturday and Sunday afternoons. Additionally, long-time Southern Gospel air personality, Rodney Baucom (pictured), More

Relevant Radio to Acquire 20 Stations from Salem Media Group

Relevant Radio

Relevant Radio has agreed to acquire twenty stations in ten markets across the U.S. from Salem Media Group for $16.95 million. Included in the deal are outlets in Atlanta, Boston, Denver, Dallas, Houston, Miami, San Antonio, St. Louis, Tampa and Youngstown, OH. SMG had said earlier that it would More

Salem Media Group Q2 Revenues Decline 2.4%, Loss Widens

Salem Media Group

Salem Media Group reported second quarter consolidated total revenue declined 2.4% to $64.7 million from $66.3 million. Net broadcast revenue fell 2.9% to $49.1 million from $50.6 million, while station operating income (SOI) was down 14.6% to $11.4 million from More

Salem Media Group Agreeds to Sell Eight Florida Outlets

Salem Media Group

Salem Media Group has agreed to sell four AMs and three FMs in two Florida markets to Immaculate Heart Media for $8.2 million in a move meant to reduce debt. Included in the deal are Spanish Christian WKAT-AM (1080) and Business News WZAB-AM (880 The Biz) along More

KPAM-AM/Portland New Flagship For OurAutoExpert.com

Nik Miles

Envision Networks' syndicated two-hour automotive show, hosted by OurAutoExpert.com journalist Nik Miles, adds its newest station, KPAM-AM (860 The Answer)/Portland, OR to its line-up. Not only will KPAM be part of the OurAutoExpert.com roster but is now the new home station for the weekly show as More

Ryan Retires, Howley Simmons Upped to Salem/Boston GM

Carole Howley Simmons

Salem Media Group has announced the retirement of 24-year veteran Pat Ryan, who serves as General Manager of its cluster in Boston. Concurrently, the company promotes Carole Howley Simmons to General Manager of Salem/Boston, effective July 1. Howley has served as the General Sales Manager of the More

Norsan Media to Acquire WNOW/Charlotte From TBLC Media

Norson Media

Norberto Sanchez's Norsan Media has agreed to acquire the assets of 9.4kW Spanish Sports WNOW-AM (1030) and its translator W256BP (99.1) serving the Charlotte market from Nashville-based TBLC Media. Norsan will operate the new stations under a Time Brokerage More

Mike Moran to Retire from Salem Media Group VP/GM Post

Mike Moran

Salem Media Group's Atlanta VP/General Manager Mike Moran is retiring effective the end of July. In addition to his role in Atlanta, Mike serves as a Regional VP for the company's Cleveland, OH; Miami, FL; Orlando, FL; and Tampa, FL markets. In light of Mike's retirement, Salem Media is appointing More

Wertlieb Elected NAB Joint Board Chair Succeding Beasley

NAB

Hearst Television President Jordan Wertlieb was elected chairman of the NAB Joint Board of Directors, NAB announced today. Wertlieb takes over from Beasley Media Group CEO Caroline Beasley, whose term has expired. Salem Media Group President of Broadcast Media David Santrella was elected Radio More

Salem Media Group Announces Quarterly Cash Distribution

Salem Media Group

Salem Media Group has announced that its Board of directors has declared a cash distribution for the second quarter of 2019 in the amount of $0.065 per share. The cash distribution will be paid on June 28, 2019 to all Class A and Class B common stockholders of More

Salem Media Group Q1 Net Revenue Down 5.2% to $60.5M

Salem Media Group

Salem Media Group reported first quarter total revenue decreased 5.2% to $60.5 million from $63.8 million, while net broadcast revenue fell 4.1% to $46.1 million from $48.1 million. Operating income (OI) declined to a $1 million operating loss from $5.7 million More

The ''Tom Donahue Show'' Returns for Streaming Stations

Tom Donahue

The "Tom Donahue Show" is returning and will be offered on-demand for streaming stations and podcast platforms. The weekly program will be available to radio stations and online streaming stations for weekends. Donahue will be joined by a contributing host and producer Angeline Marie who has hosted More

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