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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 ...
On the evening of Feb. 28, on the final night of the annual meeting of the National Religious Broadcasters at Nashville’s Opryland Hotel and Conference Center, one of religious broadcasting’s best-known figures, David Jeremiah, took ...