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Slide #14. Salem Communications Corporation — Eagle Publishing
Salem Communications Corporation (NASDAQ:SALM)
Salem Communications Corporation announced the acquisition of the assets of Eagle Publishing, including Regnery Publishing, HumanEvents.com, and Redstate.com, as well as sister companies Eagle Financial Publications and Eagle Wellness.
Salem Media Group is a domestic multimedia company engaging in Christian and conservative content, with media properties comprising radio broadcasting, digital media, and publishing. Co.'s segments are: Broadcast, which includes the operating results of its radio stations, broadcast networks, and its national sales agencies including its digital agency, Salem Surround; Digital Media, which provides Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources through the web; and Publishing, which operates a distribution network targeting audiences interested in Christian and family-themed content and conservative news and opinion.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 82% of all stocks covered)
Based on Zacks ABR data;
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