OverviewSuggest Edit

Salem Media Group operates as a multi-media company. It operates in three segments: Broadcast, Digital Media, and Publishing. The Company owns and operates radio networks, which produce and distribute talk, news, and music programming to radio stations, as well as sells commercial airtime to national advertisers and independent radio station affiliates. It also provides Christian and conservative-themed content, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through Christian content Websites. The Company also issues digital newsletters and operates Church product Websites. In addition, it publishes conservative books and produces and distributes Christian and conservative opinion print magazines.

TypePublic
Founded1986
HQCamarillo, CA, US
Websitesalemmedia.com
Employee Ratings4.4
Overall CultureB-

Latest Updates

Employees (est.) (Feb 2020)1,133(-3%)
Revenue (FY, 2018)$262.8 M
Share Price (Jan 2021)$1.5
Cybersecurity ratingBMore

Key People/Management at Salem Media Group

Stuart W. Epperson

Stuart W. Epperson

Chairman of the Board
Edward G. Atsinger III

Edward G. Atsinger III

Chief Executive Officer and Director
Richard A. Riddle

Richard A. Riddle

Director
Eric H. Halvorson

Eric H. Halvorson

Director
Dave Santrella

Dave Santrella

President – Broadcast Media
David Evans

David Evans

President – New Media
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Salem Media Group Office Locations

Salem Media Group has offices in Camarillo, Arlington, Irving, Maitland and in 3 other locations
Camarillo, CA, US (HQ)
4880 Santa Rosa Rd
Arlington, VA, US
RCA Building, 1901 N Moore St #201
Irving, TX, US
6400 N Belt Line Rd
Maitland, FL, US
2301 Lucien Way #415
Nashville, TN, US
402 Bna Dr #400
Richmond, VA, US
111 Virginia St #500
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Salem Media Group Financials and Metrics

Salem Media Group Revenue

Salem Media Group's revenue was reported to be $262.78 m in FY, 2018
USD

Revenue (Q2, 2020)

52.9m

Net income (Q2, 2020)

(2.5m)

EBIT (Q2, 2020)

(888.0k)

Market capitalization (15-Jan-2021)

41.4m

Closing stock price (15-Jan-2021)

1.5

Cash (30-Jun-2020)

19.0m

EV

317.0m
Salem Media Group's current market capitalization is $41.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

218.2m229.2m236.9m266.5m265.8m274.3m263.7m262.8m

Revenue growth, %

12%0%3%

General and administrative expense

17.5m18.9m21.4m17.1m15.1m15.0m16.3m15.7m

Operating expense total

17.5m18.9m21.4m17.1m15.1m15.0m16.3m15.7m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

56.1m54.9m54.3m57.6m56.7m55.6m60.1m58.5m62.3m68.6m69.6m61.9m67.3m67.5m64.6m67.8m71.3m65.0m66.1m65.4m63.8m66.3m65.5m60.5m64.7m64.1m58.3m52.9m

General and administrative expense

4.2m4.3m4.9m4.8m4.6m5.8m5.1m5.0m6.8m5.5m5.3m4.0m3.7m4.2m3.6m4.1m5.1m3.8m3.9m4.0m4.0m3.9m4.3m4.2m4.2m3.9m

Operating expense total

4.2m4.3m4.9m4.8m4.6m5.8m5.1m5.0m6.8m5.5m5.3m4.0m58.0m3.7m4.2m3.6m4.1m5.1m3.8m60.4m3.9m4.0m4.0m3.9m4.3m4.2m4.2m3.9m

Depreciation and amortization

4.4m4.2m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

67.0k380.0k65.0k33.0k98.0k130.0k3.0k117.0k

Accounts Receivable

31.0m32.9m37.6m3.5m36.0m751.0k34.8m33.0m

Prepaid Expenses

3.4m3.3m4.0m6.3m6.8m6.5m

Inventories

572.0k893.0k670.0k730.0k677.0k
USDQ2, 2011

Financial Leverage

2.8 x
Show all financial metrics

Salem Media Group Operating Metrics

FY, 2014FY, 2015FY, 2016

Mobile Applications

12 12

Radio Station Markets

39 40 40

Radio Stations

108 116 118

Websites Managed

25 25 24
Show all operating metrics

Salem Media Group Revenue Breakdown

Embed Graph

Salem Media Group revenue breakdown by business segment: 73.6% from Broadcasting, 17.1% from Digital Media and 9.3% from Publishing

Salem Media Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Salem Media Group Online and Social Media Presence

Embed Graph

Salem Media Group Company Culture

  • Overall Culture

    B-

    71/100

  • CEO Rating

    B

    73/100

  • Compensation

    C+

    68/100

Learn more on Comparably

Salem Media Group News and Updates

Thinking about buying stock in Celsion Corp, Alkaline Water Company, Salem Media Group, Ocular Therapeutix, or Delta Air Lines?

NEW YORK, June 17, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CLSN, WTER, SALM, OCUL, and DAL. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Salem Media Group Blogs

Salem Media Group, Inc. Announces Promotion of Angenette Natkowski to Director of Sales in Chicago

CAMARILLO, Calif.--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today the promotion of Angenette Natkowski to Director of Sales in Salem’s Chicago cluster. In this newly created position, Angenette will continue her laser focus on AM 560 the Answer/WIND and Salem Surround C…

Salem Media Group, Inc. Announces Promotion of Christopher Gould

CAMARILLO, Calif.--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today that Christopher Gould, Senior Vice President of National Program Development/Ministry Relations, will be relocating to Colorado Springs where Chris will continue in his existing role, while also serving …

Salem Media Group, Inc. Appoints David Cruz as Vice President of Salem Si

CAMARILLO, Calif.--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today that David Cruz has joined the company as Vice President of Salem Si, a new digital streaming platform scheduled to launch January, 2021 and is focused on the nation’s Latino market. This press release f…

Salem Media Group Schedules Third Quarter 2020 Earnings Release and Teleconference

CAMARILLO, Calif.--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today that it plans to report its third quarter 2020 financial results after the market closes on November 12, 2020. The company also plans to host a teleconference to discuss its results on November 12, 2020…

America’s Forgotten to Have Exclusive World Premiere on SalemNow

CAMARILLO, Calif.--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) today announced it is premiering the film “America’s Forgotten” on its SalemNow platform. With reviews calling it “Explosive” (Newsweek) and “Revolutionary” (Daily Wire), “America’s Forgotten” is the stunning new documen…

Philadelphia’s AM 990 The Answer Announces Contract Extension for Chris Stigall

CAMARILLO, Calif.--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today that Philadelphia’s AM 990 The Answer has extended the contract of morning host Chris Stigall for two additional years, effective October 1, 2020. This press release features multimedia. View the full re…
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Salem Media Group Frequently Asked Questions

  • When was Salem Media Group founded?

    Salem Media Group was founded in 1986.

  • Who are Salem Media Group key executives?

    Salem Media Group's key executives are Stuart W. Epperson, Edward G. Atsinger III and Richard A. Riddle.

  • How many employees does Salem Media Group have?

    Salem Media Group has 1,133 employees.

  • What is Salem Media Group revenue?

    Latest Salem Media Group annual revenue is $262.8 m.

  • What is Salem Media Group revenue per employee?

    Latest Salem Media Group revenue per employee is $231.9 k.

  • Who are Salem Media Group competitors?

    Competitors of Salem Media Group include Cirque du Soleil, iHeartMedia and MDPI.

  • Where is Salem Media Group headquarters?

    Salem Media Group headquarters is located at 4880 Santa Rosa Rd, Camarillo.

  • Where are Salem Media Group offices?

    Salem Media Group has offices in Camarillo, Arlington, Irving, Maitland and in 3 other locations.

  • How many offices does Salem Media Group have?

    Salem Media Group has 7 offices.