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Home > Company Index > Media > Radio Broadcasting & Programming > Salem Communications Corporation

Salem Communications Corporation
Nasdaq: SALM
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 NEWS FROM THE WIRES
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
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
Clear Channel Communications, Inc. (CCU)
Cumulus Media Inc. (CMLS)
Infinity Broadcasting Corporation (dossier)

 DEALS
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.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
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
• Edward G. Atsinger
    CEO
• David A. R. Evans
    CFO

 CONTACT INFO
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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