| Business Summary | | Salem
Communications
Corp.,
formed
in
1986,
is
a
United
States
radio
broadcasting
company
that
provides
programming
targeted
at
audiences
interested
in
religious
and
family
issues.
The
Company's
core
business
is
the
ownership
and
operation
of
radio
stations
in
large
metropolitan
markets.
After
completing
its
pending
transactions,
the
Company
will
own
or
operate
76
radio
stations,
including
53
stations,
which
broadcast
to
22
of
the
top
25
markets.
The
Company
also
operates
Salem
Radio
Network,
a
national
radio
network,
offering
syndicated
talk,
news
and
music
programming
to
over
1,400
affiliated
radio
stations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Salem
Communications
Corp.
is
a
radio
broadcasting
company
providing
programming
targeted
at
audiences
interested
in
religious
and
family
issues.
The
Company
owns
52
radio
stations
and
has
over
1,100
affiliated
stations.
For
the
six
months
ended
6/30/01,
total
revenue
rose
33%
to
$68
million.
Net
loss
totaled
$6
million,
up
from
$56
thousand.
Results
reflect
higher
advertising
revenue
due
to
ratings
growth,
offset
by
increased
depreciation
and
interest
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stuart Epperson, 64 Chairman | $500K | Edward Atsinger, III, 61 Pres,
CEO | 500K | David Evans, 57 CFO,
Sr. VP | -- | Joe Davis, 57 Sr.
VP, Operations | 269K | George Toulas, 49 Sr.
VP, Special Projects | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|