Salem Radio Network (SRN) and Radio America Announce Exclusive Distribution Agreement
DALLAS, TX -- (MARKET WIRE) -- 02/13/12 -- The Salem Radio Network (SRN), a division of Salem Communications Corporation (NASDAQ: SALM), today announced it has reached agreement with the Radio America network for SRN News to become the exclusive top-of-the-hour and bottom-of-the-hour news service distributed by Radio America, effective Thursday, February 16th.
In a joint statement, SRN and Radio America noted that under this agreement, SRN News will now be available to over 400 Radio America affiliates.
Greg Anderson, President of SRN, welcomed the network's new distribution relationship with Radio America: "The potential of adding up to 400 Radio America affiliates to our roster of almost 1,300 current SRN News affiliates is very exciting for us. We look forward to a great partnership with Radio America and their affiliates in the days ahead."
Mike Paradiso, Chief Operating Officer of Radio America, added: "SRN News is a great fit in our lineup of talk programs and will serve our 400+ stations well in this election year. We're excited to be partnering with SRN on this venture."
Salem Communications Corporation is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and family-themed radio content, as measured by the number of stations and audience coverage. Upon completion of all announced transactions, the company will own and/or operate a national portfolio of 95 radio stations in 36 markets, including 59 stations in 22 of the top 25 markets. Salem also programs the Family Talk™ Christian-themed talk format on SiriusXM Radio, channel 131.
The Salem Radio Network division of Salem Communications Corporation, produces and distributes nationally-syndicated talk shows including Bill Bennett's MORNING IN AMERICA, The MIKE GALLAGHER Show, The Dennis Prager Show, The JANET MEFFERD Show, The MICHAEL MEDVED Show, and the HUGH HEWITT Show; SRN News serves around 1,300 radio stations with newscasts, special reports and long-form news coverage including national political conventions and major breaking news. SRN also operates two national radio representative firms as well as 24/7 music networks based in Nashville.
In addition to its radio broadcast business, Salem owns an Internet and a publishing division. Salem Web Network is a provider of online Christian and conservative-themed content and streaming and includes websites such as Christian faith focused Christianity.com, Questions and Answers about Jesus Christ at Jesus.org, Christian living focused Crosswalk.com®, online Bible at BibleStudyTools.com, Christian videos at GodTube.com, a leading website providing church media at WorshipHouseMedia.com and Christian radio ministries online at OnePlace.com. Additionally Salem owns conservative news leader Townhall.com® and conservative political blog HotAir.com, providing conservative commentary, news and blogging. Salem Publishing™ circulates Christian and conservative magazines such as Homecoming® The Magazine, YouthWorker Journal™, The Singing News, FaithTalk Magazine, Preaching and Townhall Magazine™. Xulon Press™ is a provider of self publishing services targeting the Christian audience.
Radio America is a 24/7 provider of news, talk and entertainment programming. The network servers over 400 stations from coast to coast with hosts including Roger Hedgecock, G. Gordon Liddy and Doug Stephan as well a complete weekend line-up of recognized brands like Motor Trend Radio, Talk Radio Countdown, The Money Pit and more.
For more information, contact: TOM TRADUP V.P./News & Talk Programming SALEM Radio Network E-mail: Email Contact MIKE PARADISO Chief Operating Officer Radio America Network E-mail: Email Contact
Source: Salem Communications Corporation
Released February 13, 2012