November 27, 2022
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Salem Media announces dividend

By   /  Thursday, June 1st, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem Media announces dividend

The board of directors for Camarillo-based Salem Media declared a 6.5 cent dividend June 1. Stockholders of record as of June 16 will receive the dividend June 30. Shares for the Christian and conservative radio company were up 0.7 percent as of 12:18 p.m. June 1 to $6.90. • Contact Marissa Nall at mnall@pacbiztimes.com.

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Salem Media to offer $225 million in secure notes

By   /  Monday, May 8th, 2017  /  Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on Salem Media to offer $225 million in secure notes

Salem Media Group reported first quarter 2017 net income of $1.1 million, or 4 cents per share, and announced plans for a private offering of $225 million in senior secured notes May 8. Total revenues and operating expenses both edged up slightly from the previous first quarter for the Camarillo-based Christian and conservative media company, Read More →

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Revenue up but net income down at Salem Media Group

By   /  Thursday, March 9th, 2017  /  Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on Revenue up but net income down at Salem Media Group

Story updated at 10:40 a.m. March 10: Salem Media Group, a Christian and conservative media company based in Camarillo, announced a decline in fourth quarter and full year net income, despite revenue increases. Revenues for the quarter ended Dec. 31 came to $70.7 million, up from $69.1 million for the fourth quarter of 2015. Full Read More →

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Salem Media Group acquires ChristianConcertAlerts.com

By   /  Thursday, January 19th, 2017  /  Latest news, Tri-County Public Companies  /  Comments Off on Salem Media Group acquires ChristianConcertAlerts.com

Camarillo-based Christian and conservative radio company Salem Media Group announced the acquisition of ChristianConcertAlerts.com. The website provides tour and event dates for more than 300 Christian musicians and 4,000 venues in the U.S. “I started ChristianConcertAlerts.com as a way to mobilize Christians across America in spreading the latest news about their favorite artists’ albums and tours and Read More →

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Salem Media agrees to let Word Broadcasting operate Louisville stations

By   /  Friday, December 23rd, 2016  /  Latest news  /  Comments Off on Salem Media agrees to let Word Broadcasting operate Louisville stations

Salem Media Group, a Christian conservative radio company based in Camarillo, announced Dec. 23 that it will allow its Louisville, Kentucky stations to be operated by Pennsylvania-based Word Broadcasting Network under a marketing agreement effective Jan. 3. Word Broadcasting owns and operates 12 radio stations in Louisville. Salem owns an FM Christian teaching and talk Read More →

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Salem Media beats revenue estimates but misses on earnings per share

By   /  Wednesday, May 4th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Salem Media beats revenue estimates but misses on earnings per share

Salem Media Group beat analyst revenue estimates but missed earnings per share estimates when it reported first quarter earnings May 4. Salem Media Group, a Camarillo-based Christian and conservative radio operator, reported revenues of $64.6 million, up from $61.9 million in 2015, which topped analyst estimates of $63.43 million, according to S&P Capital IQ. Net Read More →

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Camarillo’s Salem Media acquires Retirement Watch

By   /  Monday, April 4th, 2016  /  Latest news  /  Comments Off on Camarillo’s Salem Media acquires Retirement Watch

Camarillo-based Christian and conservative radio operator Salem Media Group acquired RetirementWatch.com and Retirement Watch newsletter on April 4. Salem announced the deal just before markets opened. Retirement Watch offers independent research and advice about retirement planning. The site provides information about the financial aspects of retirement planning: investments, Social Security and estate planning, among others. Read More →