Last $7.32 USD
Change Today -0.12 / -1.61%
Volume 23.0K
As of 5:20 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

salem media group inc (SALM) Snapshot

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11/10/14 - $11.00
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08/8/14 - $5.04
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salem media group inc (SALM) Details

Salem Media Group, Inc. operates as a multi-media company in the United States. It operates through Radio Broadcast, Internet, and Publishing segments. The company owns and operates radio stations in metropolitan markets; and operates radio networks, which produce and distribute programming, such as talk, news, and music programming to various radio stations in the United States, as well as sell commercial airtime to national advertisers on its radio stations and networks, and on independent radio station affiliates. It also operates Internet portals, such as,,,,,,,,,,,, and that offers Christian and conservative themed content, audio and video streaming, and other resources; radio station Websites; and Salem consumer products, a Website offering books, DVD’s, and editorial content. In addition, the company produces and distributes Christian and conservative opinion print magazines, including Homecoming, The Magazine, YouthWorker Journal, Singing News, FaithTalk Magazine, Preaching Magazine, and Townhall Magazine, as well as Xulon Press, a print-on-demand self-publishing service for Christian authors. It primarily serves not-for-profit charitable organizations and commercial advertisers. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. Salem Media Group, Inc. was founded in 1986 and is headquartered in Camarillo, California.

1,203 Employees
Last Reported Date: 03/3/14
Founded in 1986

salem media group inc (SALM) Top Compensated Officers

Founder, Chief Executive Officer, Director an...
Total Annual Compensation: $1.1M
President of New Media
Total Annual Compensation: $533.4K
President of Broadcast Media
Total Annual Compensation: $444.2K
Compensation as of Fiscal Year 2013.

salem media group inc (SALM) Key Developments

Salem Communications Corp. has Changed its Name to Salem Media Group, Inc

On February 19, 2015, Salem Communications Corp. changed its name to Salem Media Group, Inc.

Salem Communications Corp. Announces Quarterly Cash Dividend, Payable on December 29, 2014

Salem Communications Corporation announced that its Board of Directors has increased its quarterly cash distribution from $0.0625 per share to $0.0650 per share. The cash distribution will be paid on December 29, 2014 to all Class A and Class B common stockholders of record as of December 15, 2014.

Salem Communications Corp. Announces Executive Changes

Salem Communications Corp. announced that it restructured its broadcast division and that network President Greg Anderson will retire at year-end. Effective Jan. 1, 2015, Salem is consolidating its radio and network divisions. Dave Santrella will move to president of broadcast media from president of the radio division, adding to his radio division responsibilities the oversight of the Salem Radio Network, SMR/VMR Rep Firm and a variety of digital assets. Allen Power and Linnae Young will take on new roles as senior vice presidents dividing up the oversight of other operational vice presidents, as well as departmental managers in ministry relations, digital and business formatted radio properties. Terry Fahy was promoted to an operational vice president role overseeing most of the company's stations west of Phoenix. Phil Boyce, current vice president and director of spoken word formats, was named senior vice president of Salem Radio Network and spoken word formats. Boyce will oversee all program and revenue aspects of Salem's news and news talk networks, including its five network talk hosts, the "Janet Mefford Show" and "SRN News." The company also promoted Mike Reed and Mike Miller to senior vice presidents, with Reed taking on additional responsibilities in the Dallas office's network operations and Miller expanding his role in the network's music space.


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Valuation SALM Industry Range
Price/Earnings 17.8x
Price/Sales 0.7x
Price/Book 0.9x
Price/Cash Flow 6.5x
TEV/Sales NM Not Meaningful

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