Press Releases

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  • May 5, 2003
    CAMARILLO, Calif.--(BUSINESS WIRE)--May 5, 2003--Salem Communications Corporation (Nasdaq:SALM), the leading radio broadcaster focused on religious and family themes programming, announced today the acquisition of two radio AM stations.The Company will be acquiring WAMG-AM in Boston, Massachusetts, from Mega Communications for approximately $8.6 million.Edward G. Atsinger III, President and CEO, commented, "It is increasingly difficult to find quality radio properties at appropriate prices inmore...
  • May 5, 2003
    ATLANTA--(BUSINESS WIRE)--May 5, 2003--Salem Communications Corporation (Nasdaq:SALM), the leading radio broadcaster focused on religious and family themes programming, announced today that the FCC denied a motion to increase the night-time coverage of WGKA AM1190, Salem's southern gospel radio station for the Atlanta market.The company intends to appeal this decision. However, as a result of the denial, the company will report a write-off, of approximately $0.9 million, related to thismore...
  • April 30, 2003
    OCEANSIDE, Calif.--(BUSINESS WIRE)--April 30, 2003--Salem Communications Corporation (NASDAQ: SALM), the leading radio broadcaster focused on religious and family themes programming, announced today that it will host a nationally syndicated, day long radio telethon on Thursday, May 1, beginning at 9:00 a.m. Pacific Time to raise money for the benefit of military families who have been affected by the deployment of relatives. Salem's SmartTalk 870 AM KRLA will broadcast the syndicated telethonmore...
  • April 23, 2003
    PHOENIX--(BUSINESS WIRE)--April 23, 2003--KKNT-AM 960, a Salem Communications (NASDAQ: SALM) news/talk station, will be hosting "Arizona's Military Family Picnic" on Saturday, April 26, 2003, at Glendale Community College. The event is sponsored by Americans for Military Readiness and will feature a live appearance of nationally known, Salem Radio Network syndicated radio host, Mike Gallagher.All are invited to come and enjoy an old fashioned picnic, to show Arizona's military and defensemore...
  • April 23, 2003
    CAMARILLO, Calif.--(BUSINESS WIRE)--April 23, 2003--Salem Communications Corporation (Nasdaq: SALM) announced today that it will release first quarter 2003 financial results following market hours on Monday, May 5, 2003.The Company will also host a teleconference to discuss its results on May 5th at 5:00 p.m. Eastern Time. To access the teleconference, please dial 973/582-2741 ten minutes prior to the start time. The teleconference will also be available via archived webcast on the investormore...
  • April 23, 2003
    CAMARILLO, Calif.--(BUSINESS WIRE)--April 23, 2003--Salem Communications Corporation (Nasdaq:SALM), the leading radio broadcaster focused on religious and family themes programming, announced today that the San Diego County Board of Supervisors denied a request to relocate the KCBQ AM1170, Salem's news/talk radio station for the San Diego market, towers to Muth Valley.As a result, the company will report a write-off, included in broadcast operating expenses, of approximately $1.3 millionmore...
  • April 22, 2003
    NASHVILLE, Tenn.--(BUSINESS WIRE)--April 22, 2003--Gospel Music Association (GMA) announced the recipients of Special Awards at the annual Monday Morning Live membership meeting during Gospel Music Week 2003. Salem Communications proudly accepted the Impact Award for its contemporary Christian music format, The Fish.John W. Styll, GMA President, said, "We congratulate The Fish and are proud of the contributions this new radio format has made and will continue to make towards furthering ourmore...
  • April 7, 2003
    CAMARILLO, Calif.--(BUSINESS WIRE)--April 7, 2003-- Company's Presentation at the A.G. Edwards Media And Entertainment Conference Available on the Web Salem Communications, Inc. (Nasdaq:SALM) announced today that it is confirming revenue guidance for the first quarter of 2003. Specifically, the Company is projecting net broadcast revenues of between $38.2 and $38.7 million for the first quarter of 2003. This guidance was originally provided on March 5, 2003 in conjunction with themore...
  • April 7, 2003
    CHICAGO--(BUSINESS WIRE)--April 7, 2003--Salem of Chicago, which includes the stations 106.7 The Fish and AM1160 WYLL, announced the appointment of Greg Vogt to the position of General Sales Manager, according to Dave Santrella, General Manager. With this appointment, Vogt will assume direct operational oversight of the sales efforts for the Salem Communications radio stations in the Chicago market.Prior to working for Salem of Chicago, Greg Vogt was General Sales Manager for Susquehanna Radiomore...
  • April 2, 2003
    CAMARILLO, Calif.--(BUSINESS WIRE)--April 2, 2003--Salem Communications (Nasdaq:SALM), the leading radio broadcaster focused on religious and family themed programming, has announced the appointments of Errol Dengler and T.J. Malievsky to Regional Vice Presidents of Operations according to Executive Vice President of Radio, Joe D. Davis.With this promotion, Mr. Dengler, who is General Manager of Salem Media of Cleveland, will assume direct operational oversight of the Ohio and Pennsylvania U.Smore...
  • April 1, 2003
    SPARTANBURG, S.C.--(BUSINESS WIRE)--April 1, 2003--The Mike Gallagher Show announced today that the headliner for the upcoming concert in Greenville/Spartanburg, South Carolina, to benefit U.S. Military families will be the legendary Southern rock band "The Marshall Tucker Band."The concert, called "Gallagher's Army presents The Marshall Tucker Band to Benefit our Military Families," will take place Thursday, May 1, 2003, at 7:30 p.m. at the Spartanburg Memorial Auditorium. This event ismore...
  • March 12, 2003
    PHOENIX--(BUSINESS WIRE)--March 12, 2003--KKNT-AM 960, a Salem Communications (Nasdaq:SALM) news/talk station, will be hosting a live appearance of nationally known, syndicated radio host, Dennis Prager. Prager will be at the Broadway Palm Dinner Theatre in Mesa, Arizona on March 17, 2003.The event will begin at 6:00 p.m. with a meet and greet reception with Dennis Prager, followed by dinner. During and following dinner, Mr. Prager will hold a question and answers session, open to all whomore...
  • March 5, 2003
    CAMARILLO, Calif.--(BUSINESS WIRE)--Fourth Quarter Same Station Revenues and Broadcast Cash Flow Increase 10.8% and 19.4%, RespectivelySalem Communications Corporation (Nasdaq:SALM), the leading radio broadcaster focused on religious and family themed programming, today announced results for the fourth quarter and year ended December 31, 2002.Commenting on these results, Edward G. Atsinger III, President and CEO, said: "Despite what continues to be a challenging and uncertain economicmore...
  • February 21, 2003
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Communications (Nasdaq:SALM), the leading media company focusing on religious and family themed programming, announced today an initiative to support our troops in the U.S. military.To show support for our military, the Salem Communications family, in conjunction with the release of Warner Bros. Pictures and Ted Turner Pictures new Civil War film, "Gods and Generals," encourages Americans to Adopt A Soldier. If you have a family member or know ofmore...
  • February 20, 2003
    CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Communications Corporation (Nasdaq:SALM), the leading radio broadcaster focused on religious and family themed programming, today announced the results of its 2003 block programming renewals, which are carried out annually at the start of each year. For 2003, Salem expects same station block programming revenues to increase approximately 5% over 2002. In addition, in excess of 95% of Salem's block programming contracts were successfully renewed. Salem'more...