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.
Other former staff seek to recoup millions from ex-billionaire philanthropist
The hard task of discerning victims from victimizers continues post-verdict in a fraud case that shook two typically unrelated worlds—Wall Street and Christian ministry. In late January, two former Archegos Capital Management leaders withdrew their ...
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.
Could give new options for those with 403-b retirement plans
Nonprofit employees with 403(b) retirement plans would be able to participate in collective investment trusts (CITs), if new federal legislation passes and is signed into law. A CIT is a tax-exempt investment vehicle that is ...
Former video editor claims he was fired for failing to follow Ramsey's faith-based beliefs on how to deal with COVID-19 pandemic.
EDITOR’S NOTE: You can listen to this story by clicking the link above. (RNS) — A federal appeals court has ruled in favor of a former employee who claimed Ramsey Solutions, the company run by ...
The events are run by a for-profit company, not a ministry.
Life Surge is a Christian wealth conference headquartered in Palmetto, Fla. It is not a ministry, but a for-profit limited liability company.