Shannon Cuthrell – Author – MinistryWatch
Unpacking Salem Media’s 2024 earnings report
Salem Media Group’s 2024 annual report signals a major financial comeback for the Christian world’s only publicly traded media company.
The hidden risks and loopholes of nonprofit dissolutions.
Despite amassing billions of dollars in charitable contributions every year, a surprising number of nonprofits (about 30%) don’t survive beyond a decade.
Exits contemporary Christian music format and adds new investor to cover outstanding debt.
In a significant financial milestone, broadcasting giant Salem Media Group has paid off its long-term debt by selling its contemporary Christian music stations and drawing a new investor.
Salem Media’s latest quarterly report reveals signs of recovery.
A year of cost cuts and selloffs is coming into view on Salem Media Group’s balance sheet.
Salem Media Group’s earnings increased in second quarter despite drop in revenue
Christian broadcasting giant Salem Media Group released its second-quarter results this week with $60.6 million in revenue, down 7.7% year-over-year.
With so many Christian college failures, why is this small school thriving?
Carolina University’s enrollment has surged 29% this year, rising from 826 to 1,068 students.
Bill Hwang’s much-anticipated Wall Street fraud trial begins in Manhattan.
Billionaire trader and philanthropist Bill Hwang appeared in court to answer for his role in a high-stakes Wall Street meltdown that saw several large banks lose billions in days.
Federal wage and overtime pay obligations extend to nonprofits in some cases.
The Department of Labor (DOL) recently expanded the federal minimum salary requirement, a threshold employers must meet to avoid paying overtime, putting in place a steep increase from just five years ago.
Catch up on Salem Media’s financial position in our latest earnings analysis.
Publicly traded Christian broadcasting giant Salem Media Group reported a $2 million operating loss in its first-quarter earnings, a significant improvement from $4.1 million a year ago.
The rise and steady continuity of Bible Study Time
For decades, televangelists William and Freda Crews ran a successful broadcasting operation out of their South Carolina headquarters. Both have passed, but the couple’s programs live on through reruns — a phenomenon relatively common in ...
