Declining ad revenue, divestitures, real estate sales, and cost cuts are the key themes of Salem’s year-end report
Broadcasting giant Salem Media Group, one of the only Christian publicly traded companies, closed 2023 with $258 million in revenue—down $8 million from 2022.
Move unlocks much-needed cost savings for Christian media giant amid declining ad revenue
Salem Media Group, a publicly traded Christian media and broadcasting giant, plans to voluntarily remove its stock from the Nasdaq stock exchange.
Revenue falls at Salem Media Group amid economic headwinds and an ongoing advertising slump.
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.
Salem Media Group, one of the largest Christian broadcasters in the country, and the only one that is publicly traded, recently released its results for the three and twelve months ended December 31, 2021.
Two online outlets, both controlled by controversial South Korean Christian leader David Jang, have taken aim at Christian leaders they claim are “woke.”
Salem Media Group, one of the largest Christian broadcasters in the country, and the only one that is publicly traded, recently released its results for the three months ended June 30, 2021.
One of nation’s largest Christian broadcasters shows slight increase in revenue and a return to profitability
Salem Media Group, one of the largest Christian broadcasters in the country, and the only one that is publicly traded, recently released its results for the three months ended March 31, 2021.
Salem Media Group (SALM), one of the largest Christian broadcasters in the nation and the only one that is publicly traded, released its results for the three and twelve months ended Dec. 31, 2020.