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Last $4.72 USD
Change Today -0.01 / -0.21%
Volume 26.3K
SALM On Other Exchanges
As of 8:10 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

4880 Santa Rosa Road

Camarillo, CA 93012

United States

Phone: 805-987-0400


Salem Communications Corporation operates as a domestic multi-media company with integrated business operations covering radio broadcasting, publishing, and the Internet. The company offers traditional radio and emerging media, including Web-based offerings, magazines, and book publishing throughout the United States. It programs its radio stations in five main formats. Salem Radio Network (SRN) and Salem Media Representatives (SMR) The company owns and operates SRN as part of its overall business strategy to develop a national network of affiliated radio stations anchored by its owned and operated radio stations in major markets. SRN develops, produces, and syndicates a range of programming primarily targeted to Christian and family-themed talk and music stations, as well as general market News Talk stations. It has rights to various full-time satellite channels to deliver SRN programs to affiliates through satellite. SRN has approximately 2,400 affiliated radio stations, in addition to the company’s owned and operated radio stations, which broadcast one or more of the offered programming options. These programming options feature talk shows, news and music. The principal source of network revenue is from the sale of advertising time. The company owns and operates SMR, a sales representation company specializing in placing national advertising on religious format radio stations. SRN and the company’s radio stations each have relationships with SMR for the sale of available SRN spot advertising. SMR also contracts with individual radio stations to sell airtime to national advertisers desiring to include selected company stations in national buys covering multiple markets. It also operates VMR, a sales representation company specializing in placing national advertising on non-religious radio stations. Salem Web Network The company owns and operates the following Christian and Conservative opinion Websites: Christian Content Websites: is a free Bible Website for verse search and in-depth studies packed with commentaries, reading plans, and hundreds of helpful resources designed as aids to Bible study. is a major provider of on-demand, online audio streaming for approximately 200 radio programs from approximately 185 popular Christian broadcast ministries. serves as both a complement to and an extension of the company’s block programming radio business. offers compelling, editorial-driven, biblically-based, lifestyle content to Christians who take seriously their relationship with Christ. In addition, Crosswalk provides online devotional content. is a user-generated video sharing platform for Christian videos with faith-based, family-friendly content. provides faith-based, inspirational e-greeting cards for all occasions and holidays. provides on-demand, video streaming for approximately 85 programs from approximately 70 ministry partners. offers engaging articles and video focused on exploring the deeper, theological issues and apologetics of the Christian faith. It is also a major provider of online Bible trivia. offers a database of biblical answers to the common questions about the life and work of Jesus Christ. creates editorial-driven, lifestyle content, focused on helping Christian women use personal experience to examine the deeper issues of life and faith. is the interactive version of what once was the Nashville-based CCM Magazine, which provides information and insight on the Christian music scene. is an online platform designed to share inspirational, family-friendly video through Facebook and other social media outlets. reports the news of importance to the Christian audience with a headlines blog, persecution updates, Christian worldview commentary, and features on events from the worldwide Christian Church. Conservative Opinion Websites: is an interactive community that brings users, conservative public policy organizations, congressional staff an

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Industry Analysis


Industry Average

Valuation SALM Industry Range
Price/Earnings 23.1x
Price/Sales 0.5x
Price/Book 0.6x
Price/Cash Flow 5.0x
TEV/Sales NM Not Meaningful

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