Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Salem Media Group, Inc.
Type
Public
Traded as NASDAQ: SALM
Industry Mass media
Commercial radio broadcasting
Genre Radio broadcasting, publishing, internet content provider
Founders Stuart Epperson
Edward Atsinger III
Headquarters 4880 Santa Rosa Road
Camarillo, California
, United States
Key people
Stuart W. Epperson; Chairman of the Board
Edward G. Atsinger III; Chief Executive Officer
Dave Santrella; President – Broadcast Media
David Evans; President – New Media
Evan D. Masyr; Executive Vice President and Chief Financial Officer
Chris Henderson; Senior Vice President, Legal and Human Resources, General Counsel and Corporate Secretary
Website salemmedia.com

Salem Media Group, Inc. (NASDAQ: SALM; formerly Salem Communications Corporation) is an American radio broadcaster, Internet content provider, and magazine and book publisher based in Camarillo, California, targeting audiences interested in Christian and what it describes as "family-themed content and conservative values." In addition to its radio properties, the company owns Salem Radio Network, which syndicates talk, news and music programing to approximately 2,400 affiliates; Salem Media Representatives, a radio advertising company; Salem Web Network, an Internet provider of Christian content and online streaming with over 100 Christian content and conservative opinion websites; and Salem Publishing, a publisher of Christian themed magazines. Salem owns 117 radio stations in 38 markets, including 60 stations in the top 25 markets and 29 in the top 10, tied with CBS Radio for fifth-largest radio broadcaster. FamilyTalk is a Christian-themed talk format on Sirius XM Radio Channel 131. Additionally, Salem owns conservative websites Townhall.com, RedState, and Hot Air, as well as Twitter aggregator Twitchy.

The company was founded by Stuart Epperson and Edward G. Atsinger III and, unlike many Christian broadcasters, is a for-profit corporation. Also unlike their non-profit counterparts, Salem stations transmit high-powered signals in commercial radio bands.

Ed Atsinger (Chief Executive Officer) and Stu Epperson (Chairman of the Board) combined their radio assets to create Salem Communications. Beginning with stations in North Carolina and California, Atsinger and Epperson purchased station properties in Boston, San Antonio, New York, San Francisco, Portland, Los Angeles and other markets, converting them to Christian talk stations. In the 1990s, they expanded formats to include contemporary Christian music (with most stations under this format branded as "The Fish"), news talk (branded as "The Answer"), Spanish-language Christian content and most recently, business programming.

Many of Salem's stations are licensed to subsidiaries, organized by geographical area and media cluster as the company has acquired new stations and their previous licensees.

Salem Communications Corp acquired Twitter curation site, Twitchy.com. In January 2014, the Company announced the acquisition of the assets of Eagle Publishing, including Regnery Publishing, HumanEvents.com, and Redstate.com, as well as sister companies Eagle Financial Publications and Eagle Wellness.

On February 23, 2015, Salem Communications changed its name to Salem Media Group.

In 2015, Salem Media Group expanded their digital platform with acquisitions of several businesses and assets, including DividendYieldHunter.com; Stockinvestor.com; DividendInvestor.com; a Spanish Bible mobile app, along with its related website and Facebook properties; the DailyBible mobile app; the Daily Bible Devotion mobile app; and also Bryan Perry's Newsletters.

In 2016, Salem Media Group continued to expand by acquiring the websites ChrisitanConcertAlerts.com, Historyonthenet.com and Authentichistory.com; as well as Mike Turner's line of investment products, including TurnerTrends.com; the Retirement Watch newsletter and website, Retirementwatch.com; and the King James Bible mobile application. Salem Media Group also acquired Mill City Press from Hillcrest Publishing Group, Inc.

Salem's radio stations and licensees include:

Bison Media

Caron Broadcasting, Inc.

Common Ground Broadcasting, Inc.

Inspiration Media of Texas, LLC.

Inspiration Media, Inc.

New Inspiration Broadcasting Co., Inc.

Pennsylvania Media Associates, Inc.

Reach Satellite Network, Inc.

Salem Media of Massachusetts, LLC.

Salem Media of Colorado, Inc.

Salem Media of Hawaii, Inc.

Salem Media of Illinois, LLC.

Salem Media of Kentucky, Inc.

Salem Media of New York, LLC.

Salem Media of Ohio, Inc.

Salem Media of Oregon, Inc.

Salem Media of Texas, Inc.

Salem Media of Virginia, Inc.

SCA -Palo Alto, LLC.

South Texas Broadcasting, Inc.

Salem Radio Network is a satellite radio network serving general market News/Talk stations and Christian-formatted stations through affiliate partnerships serving more than 2,700 radio stations. The five major divisions are SRN Talk, SRN News, Salem Music Network, Salem Media Reps and Vista Media Reps and SRN Satellite Services.

The satellite feed for Salem's general market programming can be heard on the CRN Digital Talk Radio Networks, on CRN3.

Salem's flagship publication, CCM Magazine, was in the Christian music industry for more than 25 years. Salem no longer prints CCM Magazine. Other magazine publications include Singing News Magazine.

In 2014 Salem acquired Eagle Publishing. Eagle Publishing is the parent company of Regnery Publishing, Eagle Financial Publications, Eagle Wellness, and the websites Human Events and RedState.

In 2015 Eagle Publishing acquired the websites Dividendinvestor.com and Stockinvestor.com. The following year they acquired Mike Turner's line of investment products, including TurnerTrends.com, as well as Bob Carlson's Retirement Watch newsletter and websites.

Under the umbrella of Salem Author Services, we have Xulon Press, Mill City Press and the websites Bookprinting.com, Bookediting.com, Publishgreen.com and Libertyhill.com.

Xulon Press is a self-publishing digital publisher of books targeting a Christian audience. They use print on demand technologies that store books electronically and print them only as they are ordered. Xulon was founded by Christian author and publisher Tom Freiling and was acquired by Salem in 2006.

Salem owns a collection of Spanish language sites that provide a variety of Christian and family-friendly resources online. A few of those sites are CristoTarjetas.com; ElsitioCristiano.com; BibliaVida.com and LuzMundial.com.

The founders of Salem Communications support various religious causes. In 2005 Epperson was reported in Time magazine as one of the "25 Most Influential Evangelicals in America". In 2004 he co-chaired "Americans of Faith", a religiously-based Republican electoral campaign. Both founders have served on the Council for National Policy. They gave $100,000 to the Bush presidential reelection campaign and $780,000 to the 2000 "California Defense of Marriage Act" (Proposition 22) ballot measure.

Investment goal date:
Dividends reinvested
Salem Media Group, Inc. SALM report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q1 2018
2018-05-07
--
--
Q4 2017
2018-03-12
--
--
Q4 2017
2018-03-07
--
--
Q3 2017
2017-11-07
--
--
Q3 2017
2017-11-07
0.0000
0.0000
Q2 2017
2017-08-07
0.0500
0.0500
Q1 2017
2017-05-08
0.0400
0.0400
Q4 2016
2017-03-09
0.1100
0.1100
Q3 2016
2016-11-07
0.0800
0.0800
Q2 2016
2016-08-04
0.1300
0.1300
Q1 2016
2016-05-04
0.0100
0.0100
Q4 2015
2016-03-09
0.1800
0.2000
Q3 2015
2015-11-09
0.0800
0.0800
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
Bank of New York Mellon Corp
218211
BlackRock Fund Advisors
361972
BlackRock Inc.
828500
BlackRock Institutional Trust Company, N.A.
424414
BRIDGEWAY CAPITAL MANAGEMENT INC
322552
DIMENSIONAL FUND ADVISORS LP
1049571
GABELLI FUNDS LLC
663500
GAMCO INVESTORS, INC. ET AL
1049821
KENNEDY CAPITAL MANAGEMENT, INC.
136683
Neuberger Berman Group LLC
433024
RENAISSANCE TECHNOLOGIES LLC
219500
ROYAL BANK OF CANADA
231756
STATE STREET CORP
126817
Teton Advisors, Inc.
620008
Vanguard Group, Inc
327715
Major Shareholders
Name Relationship
Total Shares
Holding stocks
ATSINGER EDWARD G III
0.3800% (75620)
SALM /
DAVENPORT DAVID
0.0200% (4000)
SALM /
EPPERSON STUART W
0.0400% (8270)
SALM /
RIDDLE RICHARD A
0.5200% (101891)
SALM /
HINZ ROLAND S
0.1000% (20339)
SALM /
HALVORSON ERIC H
0.0400% (8000)
ISRG / PCYC / SALM /
EVANS DAVID
0.1600% (32502)
SALM /
MASYR EVAN D
0.0600% (12224)
SALM /
Weinberg Dennis M
0.3100% (60770)
SALM /
Santrella David P
0.0700% (14446)
SALM /
Venverloh Jonathan
0.0100% (2000)
SALM /
Wright Francis W.
0.0500% (9810)
SALM /
% ()