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Stock impact report

Salem Media Group Announces Sale of Remaining Honolulu, Hawaii Radio Stations

SALEM MEDIA GROUP INC A (SALM) 
Last salem media group inc a earnings: 11/12 03:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.salemmedia.com
Company Research Source: Business Wire
CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. (OTCQX: SALM) announced today the sale of their remaining radio stations and digital assets in Honolulu, Hawaii to Malama Media Group. Malama intends to keep all radio stations in their present formats.Salem CEO, David Santrella, said, “While Salem closes our chapter in Honolulu, I am thrilled to know that these stations are going to a buyer that has a shared passion for the formats we have there and plans to keep those formats intact, particularly the Christian Teach and Talk and Conservative News Talk formats.”Monroe D. Greer, General Managing Partner for Malama Media Group, said, “Malama Media Group is thrilled and honored to serve Honolulu and continue the rich legacy established by Salem Media Group. We are highly committed to building a strong family of radio stations that serve our listeners and advertisers well, rooted in strong biblical values and a deep love for the community we serve. Our mission is to meet the Show less Read more
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