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.
Ratings rise for Harvey Cedars Bible Conference, Holt International; Drop for International Care Ministries, Pioneers
MinistryWatch Database Changes MinistryWatch now has more than 1,000 ministries in its database. These ministries represent more than $44-billion in total revenue, most of that donor revenue from evangelicals. The following ministries have their profiles ...
The media giant announced ‘2000 Mules’ will no longer be available on its streaming platforms
Salem Media Group has announced it has removed Dinesh D’Souza’s movie “2000 Mules” from all of its platforms while also issuing a formal apology to a Georgia man falsely accused of illegal voting activity during ...
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.
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.