Tag: Salem Media Group Revenue

Salem Media Group noted that its decline was primarily driven by a drop in the broadcast segment. That sector saw a decline of 13.6%, down to $39.8 million.

Digital media revenue, however, showed a steady increase of 7.2% as it hit $45 million in 2024.

Despite the overall decline, digital media revenue increased 10% between July, August, and September.

The profit the company made is in sharp contrast to its finish from the same quarter in 2023. During the second quarter of last year, Salem lost $7.09 million.

The company saw a net revenue of $58.6 million in the quarter, a drop of 8.3%. Broadcast revenue fell to $46 million, down 4.6%.