September 21, 2017 3:11 AM ET

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Company Overview of New Inspiration Broadcasting Company, Inc.

Company Overview

New Inspiration Broadcasting Company, Inc. owns and operates radio stations like KFIA (710 AM). The company is based in Camarillo, California. New Inspiration Broadcasting Company, Inc. operates as a subsidiary of Salem Communications Corp.

4880 Santa Rosa Road

Suite 300

Camarillo, CA 93012-5190

United States

Founded in 1982

Phone:

805-384-4502

Key Executives for New Inspiration Broadcasting Company, Inc.

New Inspiration Broadcasting Company, Inc. does not have any Key Executives recorded.

New Inspiration Broadcasting Company, Inc. Key Developments

New Inspiration Broadcasting Company Enters into Related Party Local Marketing Agreement with East Bay Broadcasting

On December 15, 2016, New Inspiration Broadcasting Company, Inc. entered into a related party local marketing agreement (LMA) with East Bay Broadcasting, LLC. The LMA allows the Company to program radio station KTRB(AM) (the Station) in the San Francisco, CA market on the terms specified below. The Nominating and Corporate Governance Committee (the Committee) of the Company reviewed the previous local marketing agreement for the Station that was entered into between the prior licensee of the Station and another programmer (unrelated to Company) that expired as of June 30, 2016. Based on this review, the Committee determined that the terms of the transaction were no less favorable to the company than those that would be available in a comparable transaction in arm's length dealings with an unrelated third party.

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Recent Private Companies Transactions

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