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Salem Media Group Announces Quarterly Cash Distribution


Salem Media Group
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 record as of September 23.

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Latest Radio Stories

Jeff McCartney Joins Cumulus Salt Lake City Duo
Jeff McCartney
Jeff McCartney
Cumulus Media has named Jeff McCartney as Operations Manager and Program Director for its Salt Lake City outlets KBER-FM (KBER 101) and KENZ-FM (Power 94.9/101.9). He brings more than 30 years of experience in radio programming, brand development, and audience growth to the role. McCartney joins Cumulus More

Brian McGhee Named CMG Jacksonville Market Manager
Brian McGhee
Brian McGhee
Cox Media Group (CMG) has appointed Brian McGhee as Vice President and Market Manager for its Jacksonville radio operations, effective immediately. McGhee succeeds Jimmy Farrell, who recently transitioned to the role of Vice President and Market Manager for CMG Miami Radio. McGhee joins CMG with more More

Bill Fox Named OM for Cumulus Toledo-Monroe
Bill Fox
Bill Fox
Cumulus Media has appointed veteran radio programmer and air personality Bill Fox as Operations Manager for its Toledo, OH-Monroe, MI cluster. Fox will also serve as PD for Country WKKO-FM (K100) and join Classic Hits station 93.5 WRQN as a morning co-host. Fox arrives at Cumulus Toledo-Monroe with More
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Salem Media's Allen Power to Retire After 50 Years
Allen Power
Allen Power
Salem Media has announced that Allen Power, President of Broadcast Media, will retire on September 30, concluding a broadcasting career that spans five decades. Following his retirement, Power will remain with the company in a Senior Advisor role. The announcement coincides with the 50th anniversary of More

Beasley Urges FCC to Scrap Radio Ownership Caps
Caroline Beasley
Caroline Beasley
Beasley Media Group is calling on the Federal Communications Commission to eliminate local radio ownership caps, arguing that decades-old regulations are hindering broadcasters' ability to compete in today's media landscape. In an ex parte filing submitted to the FCC, Beasley Media Group CEO Caroline More

Study: AM/FM Radio Dominates Among GM Drivers
Cumulus Media | Westwood One
Cumulus Media | Westwood One
A new analysis from Cumulus Media and Westwood One's Audio Active Group finds that AM/FM radio remains the dominant audio platform among General Motors drivers, highlighting its value for automakers and dealers seeking to reach both loyal customers and owners of competing brands. In this week's blog More

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