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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.

Latest Radio Stories

AM/FM, SiriusXM Index Highest In-Car, Edison Finds
Edison Research at SSRS
Edison Research at SSRS
AM/FM radio and SiriusXM each record their strongest listening performance in the car, while YouTube and audiobooks peak at home, according to the latest Share of Ear findings from Edison Research at SSRS. Streaming music and podcasts index highest in locations outside the home, car and workplace. More

Garth Brooks to Buy WRLT Nashville for $3 Million
WRLT (FM-100) Nashville
WRLT (FM-100) Nashville
Garth Brooks' The Sevens Network LLC has agreed to buy WRLT-FM (100.1) from Tuned-In Broadcasting for $3 million, pending FCC approval. Brooks plans to launch "FM-100," a Country station serving Nashville, while WRLT's current Adult Alternative format, "Lightning 100," will move to 106.3 FM after the sale More

iHeartMedia New York Names Dellilo Marketing Director
Danielle Dellilo
Danielle Dellilo
iHeartMedia New York has named Danielle Dellilo as Director of Marketing and Promotions, effective immediately. She will oversee marketing and promotions for the company's seven stations in the market and report to Joe De Angelis, Senior Vice President of Promotions. Dellilo has spent more than a decade More

Connoisseur Launches Hot AC Jackie 96.9 in Jackson
WJNT (Jackie 96.9) Jackson MS
WJNT (Jackie 96.9) Jackson MS
Connoisseur Media has launched Hot AC "Jackie 96.9" on WJNT translator W245AH serving the Jackson, MS, market. The station mixes current hits with familiar favorites from artists including Taylor Swift, Dua Lipa, Maroon 5, Bruno Mars and Ed Sheeran. Syndicated "Anna & Raven" show anchors the weekday More

WXMX Radiothon Raises Record $1.14 Million in Memphis
WXMX-FM (98.1 The Max) Memphis
WXMX-FM (98.1 The Max) Memphis
Cumulus Media Rock WXMX (98.1 The Max) Memphis raised a record $1,143,524 for Ronald McDonald House Charities of Memphis during its annual radiothon on Friday, November 6. It was the third consecutive year the one-day fundraiser topped $1 million. The station broadcast the radiothon live from 9am to 5pm, More

Urban One Q3 Revenue Falls 5% as Net Loss Widens
Urban One
Urban One
Urban One reported third-quarter net revenue of $88 million, down 5% from $92.7 million a year earlier. A $128.9 million impairment charge drove an operating loss of $126.6 million, compared with operating income of $2.5 million in the year-earlier quarter. The net loss More

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