Townhall.com – Tag – MinistryWatch
Quarterly Results Show Salem’s Troubles Continue
August 28, 2020
Salem Media Group, one of the nation’s largest Christian broadcasters and the only one that is publicly traded (NASD: SALM) released its results for the quarter ended June 30, 2020. The results show continued deterioration ...
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Covid Concerns Hit Salem, Nation’s Largest Christian Broadcaster
May 4, 2020
Moody's Investors Service downgraded Salem Media Group's “corporate family rating” and senior secured notes rating to Caa1 from B3. The future-looking outlook was also lowered from stable to negative. According to Moody’s, any company with a “C” rating is a “poor quality and very high credit ...
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