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Home > Company Index > Media > Radio Broadcasting & Programming > Salem Communications Corporation
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Salem Communications Corporation |
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NEWS FROM THE WIRES |
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Salem Communications reports increase in cash flow Aug 08 2001 06:31 AM PDT
RESEARCH ALERT-CSFB starts Salem with buy rating Jul 31 2001 08:58 AM PDT
> More WIRE STORIES about this company
PROFILE |
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His eye may be on the sparrow, but Salem Communications hopes His ear is tuned to the radio. The leading religious and family broadcaster in radioland, Salem Communications has a collection of about 80 radio stations (including pending acquisitions). The company also operates the Salem Radio Network, a producer and syndicator of religious programming for more than 1,400 affiliated stations. Salem's non-radio properties include Christian Web site and supply catalog OnePlace and CCM Communications, a publisher of Christian music magazines. Co-founders Stuart Epperson (chairman) and Edward Atsinger (president and CEO) each own about 30% of the company and control about 44% of its voting power.
COMPETITION |
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Clear Channel Communications, Inc. (CCU)
Cumulus Media Inc. (CMLS)
Infinity Broadcasting Corporation (dossier)
DEALS |
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Deal: Salem Buys Reach Satellite
Date Announced: 02.02.00
Value of transaction (US $Mil): 3.1
Description: Christian broadcaster acquires satellite and online gospel music network.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 118.00
1-Yr. Sales Growth: 26.2%
Employees: 1,233
Revenue per employee: $95,701.54
KEY PEOPLE |
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Edward G. Atsinger
CEO
David A. R. Evans
CFO
CONTACT INFO |
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4880 Santa Rosa Rd., Ste. 300
Camarillo, CA 93012
US
Phone: 805-987-0400
Fax: 805-384-4520
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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