Profile: Salem Media Group Inc (SALM.A)
15 Aug 2019
Salem Media Group, Inc., formerly Salem Communications Corporation, incorporated on September 20, 1993, is a multi-media company specializing in Christian and Conservative content, with media properties consisting of radio broadcasting, digital media, and book, magazine and newsletter publishing. The Company operates through three segments: Broadcast, Digital Media and Publishing.
The Company's broadcasting segment is engaged in the ownership and operation of radio stations in metropolitan markets. The Company's radio stations carry national and local programming content, as well as national and local advertisers. The Company produces and sponsors community events. The Company promotes its station Websites on-air and at community events to direct participants to its Websites specifically designed for each of its radio stations. Audiences can access its entire library of digital content and online publications from any of its station Websites.
The Company owns and operates approximately 116 radio stations in 40 markets, consisting of 34 frequency modulation (FM) radio stations and 82 amplitude modulation (AM) radio stations. The Company also programs the Family Talk Christian-themed talk format station on SiriusXM Channel 131. The Company's broadcasting operations also include its national networks of affiliated radio stations. Salem Radio Network (SRN), based in Dallas, Texas, develops, produces and syndicates a range of programming specifically targeted to Christian and family-themed talk stations, music stations and general News Talk stations. SRN delivers programming through satellite to approximately 2,800 affiliated radio stations throughout the Unites States, including several of its Salem owned stations. The Company programs approximately 42 of its stations with its Christian Teaching and Talk format, which is talk programming with Christian and family themes. The Company also programs approximately 31 News Talk stations, 13 Contemporary Christian Music stations, 13 Business format stations, and nine Spanish-language Christian Teaching and Talk stations. The business format features financial commentators, business talk and nationally recognized Bloomberg programming.
The Company also owns and operates SRN News Network (SNN), Salem Music Network (SMN), Today's Christian Music (TCM) and Singing News Network (formerly Solid Gospel Network), which are radio networks that produce and distribute talk, news and music programming to radio stations throughout the United States, including several of its Salem owned stations. Salem Media Representatives (SMR) is its national advertising sales firm with offices in approximately eight cities. SMR specializes in placing national advertising on religious and other format commercial radio stations. SMR sells commercial airtime to national advertisers on its radio stations and through its networks, as well as for independent radio station affiliates.
The Company's Digital Media segment focuses on Web-based platform designed for audiences interested in Christian and family-themed content and conservative news. Salem Web Network (SWN) and the Company's other Web-based businesses provide Christian and conservative-themed content, audio and video streaming, and other resources through the Web. SWN's Web portals include Christian content Websites, such as OnePlace.com, a provider of on-demand, online audio streaming for approximately 200 radio programs from more than 185 popular Christian broadcast ministries; Christianity.com, which provides online Bible trivia; Crosswalk.com, which provides online devotional content; GodVine.com, an online platform designed to share inspirational, family-friendly video through Facebook and other social media outlets; Jesus.org, which offers a database of biblical answers to the questions about the life and work of Jesus Christ, and BibleStudyTools.com, a free Bible Website for verse search and in-depth studies featuring commentaries, reading plans, and other helpful resources designed as aids to Bible study.
The Company's opinion Websites include Townhall.com, an interactive community; HotAir.com, a news and commentary site with conservative news and opinions; Twitchy.com, a Website featuring selected quotes and current events centered on the United States politics, global news, sports, entertainment, media and breaking news; HumanEvents.com, an opinion Website that provides news and commentary on issues of interest to the conservative community, and RedState.com, a political news blog for right of center activists.
The Company's church product Websites include WorshipHouseMedia.com, an online church media resource; SermonSpice.com, an online provider of church media for local churches and ministries; ChurchStaffing.com, a source of job search information for churches and ministries offering a platform for personnel and staff relations; ChristianJobs.com, which provides services catering to the hiring needs of Christian-based businesses, nonprofit organizations and ministries, and SermonSearch.com, a subscription-based resource for preachers and teachers with preparation materials like sermon outlines, illustrations and preaching ideas. The Company's digital financial Websites and publications include Financial Publications, which provide market analysis and investment strategies for individual subscribers to newsletters from financial commentators; EagleDailyInvestor.com, which provides market analysis and investment strategies for individual subscribers to Web-based content from financial commentators, and DividendInvestor.com, a Website offering stock screening tools and dividend information for individual subscribers to obtain dividend information and data. The Company's digital mobile applications include Daily Bible, Daily Bible Devotion, Twitchy, HotAir, Townhall, OnePlace, Red State, Bible Study Tools, Bible Quotes, Bible Trivia, iBelieve and Spanish Bible.
The Company's e-commerce sites include Salem Consumer Products, an e-commerce business that sells books, digital video discs (DVDs) and editorial content developed by its on-air personalities, and Eagle Wellness and Gene Smart, online sites offering health advice and sales of nutritional products. The Company's e-commerce sites include ConservativeStore.com, ChristianBookstore.net, SRNStore.com and NewportNaturalHealth.com.
The Company's publishing segment consists of Regnery Publishing, Xulon Press and Salem Publishing. Regnery Publishing is a publisher of conservative books. Xulon Press is a provider of self-publishing services for Christian and conservative authors. Salem Publishing is a print magazine division that publishes magazines on a monthly or semi-monthly basis. Content from its print magazines is also available on branded Websites designed for each publication. The Company's publications include Christian or conservative publications, such as Singing News, Homecoming The Magazine, YouthWorker Journal, Preaching Magazine and FaithTalk Magazine.
Salem Media Group Inc
4880 SANTA ROSA RD
CAMARILLO CA 93012