Tom Hoyt Takes Over Salem Louisville

5-4-15

Salem Media Group Louisville has announced the hiring of Tom Hoyt as general manager for the company's three-station cluster: WFIA-AM/FM and WGTK-AM. Hoyt comes to the position with management experience at Emmis, Entercom, Barnstable, and Cox. He replaces Tim Hartlage, who exited the role in mid-April, but will continue to work with Salem Louisville leading its local ministry efforts.

Salem VP Operations Mike Moran, commented: "We were looking for a general manager with a combination of strong leadership skills, management experience, and a proven sales orientation. I believe with Tom we found a man who delivers on all those fronts and brings the additional benefit of knowing and loving the city of Louisville."

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Salem Gets a New Twin Cities Sales Manager

12-14-14

Mike Murphy is the new Sales Manager for Salem in The Twin Cities which includes KKMS-AM, AM 1280 The Patriot, Business 1570, and stream-only station, The Fish Twin Cities. Murphy is a 30 year radio veteran and spent the last four years as a Senior AE for Salem in the Twin Cities. Murphy is replacing Nic Anderson at the cluster who has held dual responsibility as Sales Manager and GM  since January of 2013. Anderson will continue as the GM.

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Anderson Retiring From Salem

10-9-14

Greg Anderson ends a 44-year radio career, including the last 21 years with Salem. At the end of 2014, Anderson will step down as president of the Salem Radio Network. Salem CEO Ed Atsinger, who appointed Anderson as the first GM of the newly established Salem Radio Network, said, "Launching a new national radio network to serve Christian and conservative audiences was no small undertaking. When I appointed Greg Anderson to lead this effort, I had enormous confidence in his vision, experience, and determination. Today I can say that Greg surpassed even my own high expectations. He is, without question, one of the finest radio professionals I have ever worked with."

Anderson added, "Looking back, I have been incredibly blessed to work for great radio stations and great media companies, including, for the past 21 years, Salem Communications. I am particularly indebted to Ed Atsinger and Stu Epperson who have supported me along the way in the creation and growth of our national businesses. Most of all I am in awe of the Salem National team who stop at nothing to accomplish great things year after year. They are simply the best. It's been my privilege and pleasure to have worked with them."

Upon his retirement, other Salem senior executives will assume Greg's responsibilities.

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Salem Broadcast Revenue Up Slightly

8-7-14

In the second quarter of 2014, the Christian conservative company's same-station net broadcast revenue increased 1.1 percent to $47.6 million from $47.0 million in the second quarter of 2013. Total revenue for the company was up 14.1 percent (from $60.1 million to $68.6 million), lead by Internet and e-commerce revenue, which was up 45 percent, and publishing which increased 94 percent.

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Salem Q4 Revenue Up 1%

2-27-14

The broadcast revenue increase amounted to $400,000 for the fourth quarter of 2013 (Salem owns 95 stations and a network). Including the Salem publishing and Internet businesses Salem revenue increased 3.5%. Salem CEO Ed Atsinger says when you back out political from both 2012 ($2.4 million) and 2013 ($200,000) the company would have seen a revenue increase of 7.6%. He wanted to make the point that his core business was strong. "We're optimistic that 2014 looks good for us." For 2013 Salem broadcast revenue was flat at around $183 million.

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Hannity Finds New Dallas Home With Salem

1-7-14
No longer on WBAP in Dallas, Sean Hannity has found a new home on Salem's KSKY 660-AM The Answer. Salem Regional VP of Operations John Peroyea said, "We are very happy with the addition of Sean Hannity to the excellent line-up of conservative air talent on 660 AM The Answer, Dallas. Dallas loves Sean and Sean now has the most excellent home in Dallas to please his many listeners and fans."

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Hannity Moves To Salem In Chicago

1-2-14

The Sean Hannity affiliate shuffling continues as Cumulus moves Michael Savage into the PM Drive slot on many of its stations. In Chicago, as of Monday, Hannity will move to Salem-owned WIND-AM (560). He was previously heard on WLS in Chicago. WIND-AM is making additional changes to its programming lineup as of Monday, January 6, including an expanded morning show with John Howell and Amy Jacobson.

Bill Bennett's Morning in America returns live to AM 560 in the 5 a.m. hour. Big John and Amy will follow with their Chicago morning show, 6 a.m. to 11 a.m. Dennis Miller will remain 11 a.m. to 2 p.m., but will now be live for three hours. Sean Hannity will be live, aired from 2 p.m. to 5 p.m. Joe Walsh, who was moved into the 5 p.m. hour last summer, will continue with a live and all-Chicago show 5 p.m. to 8 p.m. Michael Medved will air 8 p.m. to 11 p.m., followed by Dennis Prager at 11, and Hugh Hewitt at 2 a.m.

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Salem Increases Quarterly Cash Distribution

11-20-13

The Salem Communications Board of Directors has increased its quarterly cash distribution from $0.0525 per share to $0.0550 per share.The cash distribution will be paid on December 27, 2013 to all Class A and Class B common stockholders of record as of December 10, 2013.

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Salem Radio Revenue Flat In Q3

11-5-13

Salem Communications reported revenue of $58.5 million in the quarter, an increase of 3.1 percent. Internet revenue was up 20 perdcent, publishing revenue increased 1.6 percent, and broadcast revenue was flat. Salem's 26 news/talk stations decreased 6 percent in revenue while 10 stations carrying the Business Talk format declined 2 percent. Seven Spanish-language stations were up 26 percent and Salem's 12 Contemporary Christian music stations increased revenue by 5 percent with strong results, specifically in Los Angeles and Dallas. Salem CEO Ed Atsinger said he was pleased with the company's performance in light of a lot of political business that was written in 2012. Salem is projecting Q4 to be flat to down 2 percent.

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Salem Re-Locates NY Stations To Manhattan

9-14-13

Salem Communications has reached an agreement to move it's two New York radio station studios and offices from Hasbrouck Heights, New Jersey to lower Manhattan before the end of 2013.  The new offices and studio's will be located in the Trinity Building next to Trinity Church at 111 Broadway, where the studio's of WOR had been located since 2006. WOR is moving into the Clear Channel headquarters building. AM 570 WMCA and AM 970 "The Answer" WNYM will both be housed in the building adjacent to the historic Trinity Church and cemetery in lower Manhattan,  only blocks from ground zero and Wall Street. The building was originally constructed in 1905. 

The move marks a return to Manhattan for WMCA which moved to New Jersey in 1989. Salem VP Director of Spoken Word Format Phil Boyce said, "Salem has a major commitment to winning in New York and this move will help us take both stations to the next level. We know for years great radio came out of this building when it housed WOR and now we have the opportunity to continue that tradition with both WMCA and AM 970 The Answer. As an added plus, WMCA, known as New York's Christian Talk, will be re-locating next door to historic Trinity Church, founded in 1697,  as the oldest church in New York City. There is some divine providence going on here,  as WMCA,  which is licensed to the city of New York now moves next door to the oldest church." 

Former longtime WOR General Manager Jerry Crowley will be moving back home and taking over his old office,  as will his long time assistant Noelia Santelli who joined Salem only a month ago as Events Coordinator. Crowley said, "I am extremely pleased that the radio facility we built there when WOR moved in will continue to be operated as a great radio station,  only now with new call letters and frequencies. It is a joy for me to return to those halls and be able to utilize one of the top notch radio studio facilities in Manhattan,  now for my new company Salem Communications."

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Salem Continues Its Online Growth

8/19/13
Salem Communications and Xulon Press have created a free book publishing solution for Christian writers. ChristianPublishing.com will provide authors who seek a do-it-yourself publishing experience with a suite of proprietary online production and design tools, access to full-scale print and eBook distribution to over 75,000 retail outlets worldwide, as well as extensive marketing services and opportunities.

"We are excited to offer authors a self-service publishing solution that not only provides the ultimate level of control over their publishing journey, but also dramatically lowers the cost of bringing a book to market," said Chad Nykamp, Vice President and General Manager of Salem Communications' book publishing division. "The new service will bridge the gap between the limited choices of current self-service tools, and other full-service options."

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Salem Reports, Projects Flat Revenue

8-7-13

Overall Salem reported an increase of 4.4% in Q2, including a 23.3% jump in Internet revenue (from $8 million to $9.9 million). Broadcast revenue was up 1.4% (from $46.4 million to $47 million). On a same station basis, revenue increased 0.2% (from $46.3 million to $46.4 million). For the six months ending June 30, broadcast revenue is unchanged - at $90.3 million and same station revenue decreased 1.1% to $89.3 million from $90.3 million. The company said Q3 looks flat to up 2%.

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Salem Communications CEO Ed Atsinger is Christian Conservative Power

7-10-13

Ed Atsinger has been on Radio Ink's 40 Most Powerful People in Radio list for 17 years. That will be no different when the 2013 issue, and Atsinger's position on our list, are revealed next week. Salem Communications has a corner on the conservative Christian market. With nearly 100 stations pumping out $165 million in revenue, Atsinger and company are superserving its target audience, and no one has been able to compete in Salem?s particular arena. Here's a sneak preview of what Atsinger says about the radio industry in our power issue.

Ed Atsinger has been CEO, a director of the company, and a director of each of the company?s subsidiaries since Salem?s inception and was president from its launch through June 2007. He?s been engaged in the ownership and operation of radio stations since 1969, and has been a member of the board of directors of the National Religious Broadcasters for a number of years; he was re-elected to a new three-year term on the NRB board in February. He?s been a member of the NAB board since 2008.

Atsinger believes radio has not been able to tell a better story for two primary reasons, ?First,? he says, ?the sheer magnitude of technological developments impacting audio and video entertainment ? whether it be the creation of new audio platforms, complementary video platforms, or the technological evolution of existing platforms ? has so monopolized the popular imagination and so dominated the news media that there has been little room left to promote the impact and effectiveness of free, local, over-the-air terrestrial radio. Second, that same rapidity of technological development has presented a major challenge to the radio industry in terms of the emergence of a coherent industry consensus about that ?better story.??

Atsiner says ?Radio does have a better story.' In our 40 Most Powerful Pople in Radio issue, which you can order HERE, Atsinger summarizes his points in five bullet points. Here are two of those five:

?The automobile continues to be the number one location where audio content is consumed, and in spite of all of the technologically sophisticated talk of the ?wired dashboard,? safety, simplicity of use, local information, and being free of all costs, including bandwidth, will likely ensure radio?s prominence.

?In spite of online audio competition having a minor impact on time spent listening, terrestrial radio, with its 93 percent reach, is more effective today because the digital revolution allows terrestrial radio to more fully exploit its inherent advantages of being free, live, and local with enormously expanded interactive capability. This provides a richer experience for our audiences and improved accountability for our advertisers.

Salem owns the Salem Radio Network, which syndicates both secular and religious talk and news and Christian music to 2,000 affiliates; Salem Radio Representatives, a national radio advertising sales force; Salem Web Network, a leading Internet provider of Christian content and online streaming; and Salem Publishing, a leading publisher of Christian-themed magazines. Salem owns and operates 60 stations in the nation?s top 25 markets, with 29 in the top 10. And over the past year, it?s been gobbling up digital properties like Godvine.com and SermonSpice.com and has launched the all-new ChristianRadio.com.

To see what else Atsinger - and everyone on our Power List - has to say, subscribe to Radio Ink in time to receive the Top 40 Issue  delivered to your home or downloaded to your device.

(7/10/2013 6:45:55 AM)
I've known Ed and his brother-in-law, Stu Epperson, for 34 years. The wise counsel they offer their employees behind the scenes is deeply touching. If all employers related to their employees in the manner of Ed and Stu, I believe we would be a happier nation. Knowing Ed, I'm sure he's embarrassed by the headline, "Ed Atsinger is...Power." In their private lives, these guys do nothing that would indicate, "I have power." They're even gracious and kind to really bad waiters in restaurants.

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Salem Declares Q2 Cash Distribution

5-30-13

On Thursday, Salem Communications Corporation announced that its Board of Directors has declared a cash distribution for the second quarter of 2013 in the amount of $0.05 per share of its Class A and Class B common stock. The cash distribution will be paid on June 28, 2013 to all common stockholders of record as of June 14, 2013.

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Salem Broadcast Revenue Decreases 1.6%

5-7-13

Salem Communications reported first quarter broadcast revenue decreased 1.6 percent to $43.2 million from $44.0 million in the first quarter of 2012. Station operating income decreased 7.7 percent to $13.7 million from $14.8 million. On the positive side, Salem says its Internet revenue increased 30.7 percent and represented 17.5 percent of first quarter total revenue. Overall, Salem reported a revenue increase of 2.5 percent, which includes radio, Internet, and publishing and is projecting a revenue increase of 2 percent to 4 percent in Q2.

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Salem Increases Quarterly Cash Distribution

3-18-2013

The Salem Communications Board of Directors has increased its quarterly cash distribution from $0.035 per share to $0.05 per share. Salem CEO Ed Atsinger says, "The decision of our board to increase our cash distribution will be welcome news to shareholders and other stakeholders. The 2013 distribution represents less than 20 percent of our expected free cash flow for the year. This meaningful increase is due to the growth in free cash flow that we expect in 2013 as a result of our stable business performance and substantial reduction in interest expense from our recently completed refinancing."

The cash distribution will be paid on April 1, 2013, to all Class A and Class B common stockholders of record as of March 25, 2013. Salem also announced it has scheduled its Annual Meeting of Stockholders on Wednesday, May 22, 2013, at 9:30 a.m. (Pacific Time) to be held at Salem's headquarters in Camarillo, California.

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Salem Hires Former WOR GM Jerry Crowley

1-10-2013

Crowley will become the new VP/GM for Salem's two New York stations, WNYM-AM and WMCA-AM. Crowley spent 18 years at WOR-AM as Sales Manager then GM before Buckley sold it to Cumulus. In addition, Salem has named Sean O'Neil to the position of Market Manager. Sean will report to David Santrella, President of Salem's Radio Division.

Crowley said, "It is with the greatest anticipation that I look to join the team at WNYM and WMCA for Salem Communications. These call letters represent great brands that will hit their stride now and in the coming years, serving the Tri-State listeners in exactly the manner they would expect and frankly need."

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Salem Launches Another Conservative Talker

12-3-2012

This one, at 100K watt WMUU-FM in Greenville, South Carolina, will be called "Conservative Talk 94.5" and the lineup will include Bill Bennett, Mike Gallagher, Dennis Prager, Michael Medved, Hugh Hewitt, and Mark Levin. Former CBS Morning News Co-Host and Greenville native Jane Robelot will anchor the station's morning news beginning in January. This is Salem's 26th News Talk station.

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Mark Davis Paying Off Big For Salem

11-9-2012

On his 3rd quarter conference call last night, Salem Communications CEO Ed Atsinger bragged quite a bit about the performance of talker Mark Davis. Davis joined Salem's KSKY-AM in Dallas back in May after his contract was not renewed by Cumulus at WBAP. Atsinger said ratings at the station were up 36 percent in the 3rd quarter and they continue to get better thanks to Davis. Third-quarter broadcast revenue at Salem was up 2 percent.

Like most other public radio companies, July and August were strong and in September the bottom fell out. Atsinger says October was up about 10 percent but November and December are pacing at a slower rate. In Q3 Salem took in $1.5 million in political advertising and year-to-date the company has booked $3.1 million, making 2012 the best year ever in  political advertising revenue for the company.

(11/9/2012 10:22:38 PM)
Lew Dickey wouldnt pay this guy. He was TOO expensive remember. Hes a ratings and revenue machine in market 5. More horrific decision making by guys named McVay, Pinch and Jeffries. Huckabee is no Mark Davis. Davis is local and Dallas.
Can someone tell me the last profitable move the Dickeys have made????
BTW Kudos to Salem. Nice move and nice catch from the fumbling Cumulus.

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Radio One Sells Columbus FM to Salem

10-24-2012

Radio One says its selling (Adult Hits) WJKR-FM in Columbus to Salem. Radio One said the station is not a core asset. Radio One owns two urban stations in Columbus: WCKX-FM (mainstream/urban) and WXMG-FM (R&B and oldies). The sale rice was not annouced. Salem will LMA the station starting November 1st.

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