Dave Santrella Archives - MinistryWatch
‘Ad Recession’ Hits Salem Media Group, Revenue Down 5% in Third Quarter
Revenue falls at Salem Media Group amid economic headwinds and an ongoing advertising slump.
November 15, 2023
Broadcasting giant Salem Media Group (NASDAQ: SALM), one of few publicly traded companies in the Christian media market, released its third-quarter 2023 earnings on Monday with $63.5 million in revenue, a decrease of 5% year-over-year.
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