Press Releases

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  • August 16, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM) announced today the promotion of Sue Garrett to General Manager of Omaha. Sue has been the General Sales Manager of Salem’s Omaha sales team for the past seven years. Included in her 25 years of radio experience, Sue has served as a General Sales Manager and General Manager. Linnae Young, Senior Vice President Broadcast Operations, said, “Omaha has been a very productive market for Salem. It ismore...
  • August 7, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (Nasdaq: SALM) released its results for the three and six months ended June 30, 2017. Second Quarter 2017 Results For the quarter ended June 30, 2017 compared to the quarter ended June 30, 2016: Consolidated Total revenue decreased 2.5% to $66.1 million from $67.8 million; Total operating expenses decreased 1.0% to $57.5 million from $58.1 million; Operating expenses, excluding gains or losses on the sale or disposal of assets, stock-based compensation expense,more...
  • July 27, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today that it plans to report its second quarter 2017 financial results after the market closes on August 7, 2017. The company also plans to host a teleconference to discuss its results on August 7, 2017 at 2:00 P.M. Pacific Time. To access the teleconference, please dial (877) 524-8416, and then ask to be joined to the Salem Media Group Second Quarter 2017 call or listen via the investor relations portion of the company’s website,more...
  • July 13, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM) announced today that it has acquired TradersCrux and its http://www.TradersCrux.com website. Salem, through its wholly-owned Eagle Financial Publications, currently publishes products and services written by investment experts Mark Skousen, Jim Woods, Nicholas Vardy, Bob Carlson, Bryan Perry and Mike Turner. Eagle also has several financial websites: www.StockInvestor.com, www.DividendInvestor.com and www.RetirementWatch.com. Roger Michalski, vice presidentmore...
  • July 12, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM), announced today that it will host a special broadcast from the White House in Washington, DC, on July 25, 2017. The day’s radio broadcast theme Made in America will feature senior members of the Trump Administration as program guests on approximately 20 Salem Media Group radio shows. The special broadcast day is part of a larger White House effort to broaden media access and bring in more local andmore...
  • July 3, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM) was certified as a great workplace June 28, 2017 by the independent analysts at Great Place to Work®. Salem Media Group earned this credential based on extensive ratings provided by its employees in anonymous surveys. A summary of these ratings can be found at http://reviews.greatplacetowork.com/salem-media-group. “We are proud of the employees working at Salem, and the culture that has been created heremore...
  • June 29, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM) announced today that Val Carolin has been appointed General Manager of the Greenville market. Carolin has spent over 20 years in Atlanta radio, including management positions with iHeart Radio, Radio One, and most recently as GSM at Cumulus-Atlanta. Joey Hudson is exiting as the market General Manager to become the GM of The Mike Gallagher Show. Allen Power, Senior Vicemore...
  • June 1, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (Nasdaq: SALM) announced today that its Board of Directors has declared a cash distribution for the second quarter of 2017 in the amount of $0.0650 per share. The cash distribution will be paid on June 30, 2017 to all Class A and Class B common stockholders of record as of June 16, 2017. Follow us on Twitter @SalemMediaGrp. ABOUT SALEM MEDIA GROUP: Salem Media Group is America’smore...
  • May 30, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM), announced today that the Company will present at the LD Micro Invitational on June 6-7, 2017 at the Luxe Sunset Bel Air Hotel in Los Angeles, CA. Salem is scheduled to present on June 6, 2017 at 10:30am Pacific Time, with one-on-one meetings held throughout the day. To schedule a one-on-one meeting please contact your LD Micro representative. Follow us on Twitter @SalemMediaGrpmore...
  • May 19, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (Nasdaq: SALM) today announced that it has closed its previously announced private offering of $255 million aggregate principal amount of senior secured notes due 2024 (the “Notes”). Together with borrowings under a new senior secured asset-based revolving credit facility that Salem entered into at the time of the closing of the Notes offering (the “ABL Facility”), Salem used the net proceeds of themore...
  • May 15, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM), announced today that Jeff Reisman, General Manager of Salem's Chicago radio cluster, has been promoted to the role of Operational Vice President for Salem's Radio Division effective July 1, 2017. Reisman joined Salem in October of 2004 as General Sales Manager in Chicago. He was promoted to General Manager of the Chicago cluster (AM 560 the Answer/WIND and AM 1160 Hope For Your Life/WYLL) in Januarymore...
  • May 11, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (Nasdaq: SALM) today announced the pricing of its previously announced offering of $255 million aggregate principal amount of 6.75% senior secured notes due 2024 (the “Notes”) at an issue price of 100% of principal amount. Interest on the Notes will be payable semi-annually, in cash in arrears, on June 1st and December 1st of each year, commencing December 1, 2017. The Notes will mature on June 1, 2024, unless earliermore...
  • May 8, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (Nasdaq: SALM) today announced its intention to offer, subject to market and other conditions, $255 million aggregate principal amount of senior secured notes due 2024 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). It is expected that the Notes will be guaranteed on a senior secured basis by the Salem subsidiaries thatmore...
  • May 8, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (Nasdaq: SALM) released its results for the three months ended March 31, 2017. First Quarter 2017 Results For the quarter ended March 31, 2017 compared to the quarter ended March 31, 2016: Consolidated Total revenue increased 0.6% to $65.0 million from $64.6 million; Total operating expenses increased 2.9% to $60.2 million from $58.5 millionmore...
  • May 3, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today that it plans to report its first quarter 2017 financial results at 7:30am (ET) on May 8, 2017. The company also plans to host a teleconference to discuss its results on May 8, 2017 at 8:30am (ET). To access the teleconference, please dial (877) 524-8416, and then ask to be joined to the Salem Media Group First Quarter 2017 call or listen via the investor relations portion ofmore...
  • May 2, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM), announced a new morning lineup on its NewsTalk station in San Diego, AM 1170 The Answer. On Monday, May 15th, the station will expand The Hugh Hewitt morning show by an additional hour, airing it from 3am to 7am PT. It will also add Mike Gallagher, live from 7am to 9am PT. The new lineup will provide a one-two punch in morning drive, using two of Salem's top rated hosts. "We know Sanmore...
  • April 6, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (Nasdaq: SALM) announced today that it has scheduled its Annual Meeting of Stockholders to be held on Wednesday, May 10, 2017 at 9:30 a.m. Pacific Time to be held at Salem's headquarters in Camarillo, California. Follow us on Twitter @SalemMediaGrp. About Salem Media Group, Inc. Salem Media Group is America’s leading multimedia company specializing in Christian andmore...
  • April 5, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM) announced today the promotion of Heath Garlutzo to General Manager of Salem Colorado Springs. Heath has   been the General Sales Manager of Salem’s Phoenix sales team for the past 6 years. Overall, his radio experience spans 22 years, including experience as National Sales Manager for CBS Radio. Heath has a been a critical part of creating a steady and successful team in Phoenix. Davidmore...
  • April 3, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ:SALM) announced that Washington, DC VP/GM David Ruleman plans to retire at the end of June 2017. In addition to his Washington leadership role, Ruleman has served for many years as a Regional Vice President of Operations with current oversight of Philadelphia, Pittsburgh, Boston, and DC. Ruleman began his career in 1968 as a broadcast journalist, news anchor and news director. Between 1973 and 1986,more...
  • March 9, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (Nasdaq: SALM) released its results for the three and twelve months ended December 31, 2016. Fourth Quarter 2016 Results For the quarter ended December 31, 2016 compared to the quarter ended December 31, 2015: Consolidated Total revenue increased 2.2% to $70.7 million from $69.1 million; Total operating expenses increased 12.3% to $67.2 million from $59.9more...
  • March 9, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (Nasdaq: SALM) announced today that its Board of Directors has declared a cash distribution for the first quarter of 2017 in the amount of $0.0650 per share. The cash distribution will be paid on March 31, 2017 to all Class A and Class B common stockholders of record as of March 20, 2017. Follow us on Twitter @SalemMediaGrp. ABOUT SALEM MEDIA GROUP: Salem Media Group is America'smore...
  • March 1, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today that it plans to report its fourth quarter 2016 financial results after the market closes on March 9, 2017. The company also plans to host a teleconference to discuss its results on March 9, 2017 at 2:00 p.m. Pacific Time. To access the teleconference, please dial (877) 524-8416, and then ask to be joined to the Salem Media Group Fourth Quarter 2016 call or listen via themore...
  • February 8, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM), announced today that Chicago-based talk show host Joe Walsh will be joining the network lineup in the 9pm to midnight ET time slot, replacing Steve Deace on February 20th. Walsh, a former U.S. Congressman, comes to the network from WIND-AM 560 The Answer, where he holds down the 5pm to 7pm slot. Walsh will continue with the local show, and add the national show later in the evening. "From themore...
  • January 26, 2017
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group (NASDAQ: SALM), announced today that it will present at the NobleCon13 – Noble Capital Markets’ Thirteenth Annual Investor Conference at the Boca Raton Resort & Club in Boca Raton, Florida, on Tuesday, January 30th, at 2:00 p.m. Eastern Standard Time. A high-definition, video webcast of Salem Media Group’s presentation and a copy of the presentation materials will be available on the Company’s website www.more...