8-6-2012
Net broadcast revenue at Salem Communication increased to $46.4 million from $45.4 million. CEO Ed Atsinger says Internet revenue was a strong source of revenue jumping from $6.9 million to $8 million, an increase of 17%. Atsinger said digital growth at Salem's radio stations was up 50% and digital revenue from national conservative websites increased 25%. Salem took in $700K in political revenue and expects to see that grow in the next two quarters with a presence in key battleground states including Florida, Ohio, Pennsylvania, Colorado and Minnesota.