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Salem Communications Corp
Salem Communications Corporation was a publicly-traded company based in the United States that was listed on the NASDAQ stock exchange under the ticker symbol SALM. However, I must note that the company no longer exists as a separate entity. On March 31, 2019, Salem Media Group, Inc. (NASDAQ: SALM) was formed through the combination of Salem Communications Corporation and certain assets and liabilities of Salem Media of Illinois, Inc. (formerly known as Christian Radio Church Partners, Inc.).
Salem Media Group, Inc. is a leading multimedia company specializing in Christian and conservative content, with media properties including radio, digital media, and book publishing. The company's radio properties reach approximately 300 million people annually through a network of more than 3,000 radio stations. Salem Media Group's digital media properties include websites, apps, and email newsletters, while its book publishing division publishes both fiction and non-fiction books.
Salem Media Group's revenue comes from various sources, including advertising sales, subscription fees, and book sales. The company's earnings are influenced by various factors, such as the overall health of the economy, advertising spend, and consumer spending on books.
Salem Media Group, Inc. is based in Camarillo, California, and is controlled by the founding Salem family. Edward G. Atsinger III serves as the company's CEO and Chairman of the Board.