Like Seven Radio Stations

announced 7/29/2019 via BNC Analysis

Relevant Radio, will purchase Seven Radio Stations from Salem Media Group

synopsis: Salem Media Group is selling seven radio stations to Relevant Radio (corporate name Immaculate Heart Media, Inc.). The stations include WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC in Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
buyer: Relevant Radio
Relevant Radio (corporate name Immaculate Heart Media, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. "
seller: Salem Media Group (SALM:$257.87)
The acquisition includes seven radio stations from Salem Media, four AMs and three FMs in two Florida markets. The stations include, WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
price ($mm)
$0.90
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announced 7/29/2019 via BNC Analysis

Berry Broadcasting, will acquire KXEN-AM and WGNU-AM

synopsis: Berry Broadcasting, a company created by Paul Berry III to acquire local radio stations in the St. Louis, MO area, is to acquire KXEN-AM 1010, a Christian talk radio station and WGNU-AM 920, a talk radio station covering topics in business, sports, entertainment and more. Both stations are based in St. Louis.
buyer: Berry Broadcasting
Berry Broadcasting is a company created by Paul Berry III, a politician in the St. Louis, MO area and nephew of Chuck Berry, the rock and roll legend. It was created to acquire local radio stations in the St. Louis, MO area. "
target: KXEN-AM and WGNU-AM
KXEN-AM 1010 is a Christian talk radio station based out of St. Louis, MO. WGNU-AM 920 is a talk radio station also based out of St. Louis, covering topics in business, sports, entertainment and more.
price ($mm)
$0.65
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announced 2/27/2019 via BNC Analysis

Relevant Radio, will purchase 88.9 FM and 88.1 FM from Catholic Diocese of Brownsville

synopsis: RGV Educational Broadcasting, Inc., a subsidiary operated by the Diocese of Brownsville, agreed to sell 88.9 FM in Harlingen and 88.1 FM in McAllen to Immaculate Heart Media, which operates Relevant Radio and airs Catholic programming.
buyer: Relevant Radio
Relevant Radio (corporate name Immaculate Heart Media, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. "
seller: Catholic Diocese of Brownsville
The acquisition includes the two religious radio stations 88.9 FM in Harlingen and 88.1 FM in McAllen from RGV Educational Broadcasting, Inc., a subsidiary operated by the Diocese of Brownsville.
price ($mm)
$1.25
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announced 7/25/2018 via Company Press Release

Walnut Radio, LLC, will purchase Two Radio Stations from Salem Media Group

synopsis: Hickory Radio, an affiliate of Walnut Radio, LLC, has signed an agreement to acquire KCRO-AM (660) and KOTK-AM (1420) and its affiliated translators from Salem Media Group, a leading multimedia company specializing in Christian and conservative content. Both radio stations are Christian talk radio stations.
buyer: Walnut Radio, LLC
Walnut Radio, LLC is an operator of radio stations in the state of Nebraska. Some radio stations that are owned by Walnut Radio are KBLR (97.3 FM), KHUB (1340 AM), and KFMT (105.5 FM). "
seller: Salem Media Group (SALM:$257.87)
Salem Media Group is a leading multimedia company specializing in Christian and conservative content. They operate over 100 radio stations, including Nebraska-based KCRO-AM (660) and KOTK-AM (1420). KCRO is a Christian radio station and KOTK is a conservative talk show station.
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announced 7/26/2017 via BNC Analysis

Carroll Broadcasting, will purchase WHST-FM from The Promise FM

synopsis: Carroll Broadcasting, a Michigan-based radio broadcasting company, is acquiring WHST-FM in Tawas City, MI, from Northern Christian Radio Inc. Northern Christian Radio operates the Promise FM, a non-commercial Christian radio program. WHST broadcasts the Promise FM in Tawas City at 106.1FM.
buyer: Carroll Broadcasting
Carroll Broadcasting is a radio broadcasting company that has been serving Northeast Michigan since 1968. Locally owned and operated, Carroll Broadcasting owns four properties: WKJC FM 104.7, Tawas City, WIOS AM 1480, Tawas City, WQLB FM 103.3, Tawas City and WKJZ FM 94.9, Alpena Michigan. "
seller: The Promise FM
WHST is a radio station in Tawas City, MI at 106.1FM. The Promise FM is a Christian radio broadcasting company that serves Northern Michigan and portions of Ontario with non-commercial Christian music and programs.
price ($mm)
$0.18
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announced 10/13/2016 via Company Press Release

Relevant Radio will be merged with Immaculate Heart Radio,

synopsis: Relevant Radio, a radio network in the US, mainly broadcasting talk radio and religious programming involving the Catholic Church, and Immaculate Heart Radio, a company that that operates a growing network of Catholic radio stations, have announced their intention to merge.
buyer: Immaculate Heart Radio
Immaculate Heart Radio is a non-profit lay apostolate that operates a growing network of Catholic radio stations in the West. They are dedicated to sharing the heart of the Christian faith and changing lives through radio airwaves. "
target: Relevant Radio
Relevant Radio (corporate name Starboard Media Foundation, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base.
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closed 10/9/2015 via BNC Analysis

Liftable Media Inc., acquired USA Radio Networks

synopsis: Expanding beyond digital and into broadcast radio, digital network Liftable Media Inc. has purchased syndicator USA Radio Networks from Cross Platform Media. USA Radio Networks provides Christian and conservative news/talk programming, including Iowa radio host Steve Deace, whose show is carried on 56 stations around the country.
buyer: Liftable Media Inc.
Liftable Media, Inc. is a media company that drives positive cultural change through media, truth, and storytelling. They are proud to operate some of the world’s top conservative news and commentary news sites, including WesternJournalism.com and ConservativeTribune.com. "
target parent: Cross Platform Media
target: USA Radio Networks
USA Radio Networks currently produces and/or distributes the 24 hour USA Headline News and more than 20 nationally syndicated radio programs targeting consumers of news, talk, information, and Christian programming heard on both commercial and non-commercial radio stations nationwide.
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closed 12/1/2014 via Company Press Release

Nebraska Rural Radio Foundation, purchased KAMI-AM from Bott Radio Network Inc.

synopsis: The Nebraska Rural Radio Association announced that it has purchased KAMI 1580 AM from Bott Radio Network of Overland Park, Kansas. KAMI broadcasts a Christian radio format to Central Nebraska. Its programming includes Bible teaching, Christian news, and Christian information programs.
buyer: Nebraska Rural Radio Foundation
Nebraska Rural Radio Associaton is a network of six radio stations with both AM and FM stations in Lexington, Scottsbluff, and West Point. "
seller: Bott Radio Network Inc.
KAMI (1580 AM) is a radio station licensed to serve Cozad, Nebraska, USA. KAMI broadcasts a Christian radio format. Its programming includes Bible teaching, Christian news, and Christian information programs.
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closed 9/22/2014 via PR Newswire

Cross Platform Media, acquired IRN USA Radio

synopsis: Cross Platform Media, a Raleigh-based media company, announced its recent acquisition of IRN/USA Radio Network (Information Radio Network). IRN/USA Radio Network produces and/or distributes more than twenty nationally syndicated radio programs with audience-targeted formatting primarily for News/Talk and Christian radio.
buyer: Cross Platform Media
CPM is a national media company based in Raleigh, NC, that specializes in media network services by developing and distributing news, entertainment and talk show programming for independent Christian and general market radio stations, print and digital platforms. "
target: IRN USA Radio
IRN/USA Radio Network produces and/or distributes more than twenty nationally syndicated radio programs with audience-targeted formatting primarily for News/Talk and Christian radio, both commercial and non-commercial.
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announced 11/8/2012 via PR Newswire

Mt. Olive Baptist Church, will acquire Power 105.5

synopsis: Light Media, Inspirational Media Specialist, announced that it has signed a definitive agreement to divest the assets of its Power 105.5/The King radio station to Mt. Olive Baptist Church. Power 105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music.
buyer: Mt. Olive Baptist Church
Mt. Olive Baptist Church is a Church. "
target parent: Light Media
target: Power 105.5
Power 105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music. It is the world's first terrestrial (24/7) radio station formatted in this manner.
price ($mm)
$0.25
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announced 10/16/2012 via GlobeNewswire

Cumulus Media Inc., will acquire WFME-FM

synopsis: Cumulus Media, the nation's largest pure-play radio broadcaster, announced that it has signed a definitive agreement to purchase WFME-FM -- providing Cumulus a third station in New York City. WFME-FM is a radio station on 94.7 FM licensed to Newark, New Jersey.
buyer: Cumulus Media Inc. (OTCPK:CMLS.Q:$1,144.18)
Cumulus Media is the largest pure-play radio broadcaster in the US with approximately 525 stations in 110 markets, a fully-distributed programming network serving more than 4,500 affiliates nationwide and SweetJack, the local deals platform. "
target parent: Family Radio
target: WFME-FM
WFME-FM is religious a radio station on 94.7 FM licensed to Newark, New Jersey. The studio, office and transmitter are located in West Orange, New Jersey and is shared with sister station WFME-TV (channel 66).
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closed 10/4/2012 via BNC Analysis

Salem Communications Corporation, acquired WMUU Radio

synopsis: Caron Broadcasting Inc., a subsidiary of Salem Communications Corporation, acquires WMUU-FM. WMUU is a Christian radio station in Greenville-Spartanburg, SC.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications Corporation is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and family-themed radio content, as measured by the number of stations and audience coverage. "
target: WMUU Radio
WMUU, INC., doing business as WMUU AM & FM Radio Station, provides radio broadcasting services. WMUU is a Christian station. The primary mission is to have a Spiritual impact on the communities they serve.
price ($mm)
$3.00
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closed 2/14/2012 via Yahoo, Inc.

Classical South Florida, purchased WAYJ 88.7FM Fort Myers from WAY-FM Media Group, Inc

synopsis: WAY Media, Inc. announced that Classical South Florida (CSF), a nonprofit listener-supported public radio organization dedicated to broadcasting classical music, has agreed to acquire the assets of WAYJ 88.7FM in Fort Myers, Florida.
buyer: Classical South Florida
Classical South Florida is a nonprofit public radio organization dedicated to broadcasting classical music. Its program schedule includes broadcasts of nationally renowned classical programs such as Performance Today®, SymphonyCast®, Pipedreams® and Saint Paul Sunday®. "
seller: WAY-FM Media Group, Inc
WAY-FM Media Group owns and operates Christian radio stations throughout the US. WAY-FM exists to encourage youth and young adults in their Christian lives and to introduce non-believers to Christ.
price ($mm)
$4.35
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closed 6/9/2011 via Market Wire

Light Media, acquired Power 105.5

synopsis: Light Media, Inspirational Media Specialist, has officially joined the ranks of publicly-traded broadcasting companies via closing of its acquisition of Power 105.5 FM. Power105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music.
buyer: Light Media (LGMH:$0.00)
Light Media, Inspirational Media Specialist, via its integrated portfolio platform partners targets the youth, young adult and adult/family demographic for inspirational media and entertainment that uplifts the community 24/7. "
target: Power 105.5
Power 105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music. It is the world's first terrestrial (24/7) radio station formatted in this manner.
price ($mm)
$0.25
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announced 1/26/2011 via BNC Analysis

Christian Resource Centre, will acquire Woay-AM radio

synopsis: The Christian Resource Center will acquire WOAY-AM radio. AM 860 WOAY provides radio with the intent of teaching people ways to grow in their relationship with God and other believers, and to encourage them in their journey through this world.
buyer: Christian Resource Centre
The Christian Resource Center is a central location for pastors and their churches in Southern West Virginia to turn to for information and resource materials. From the beginning, the primary goal has been to aid in spiritual growth and the furtherance of personal and church ministries. "
target: WOAY-AM Radio
AM 860 WOAY provides radio with the intent of teaching people ways to grow in their relationship with God and other believers, and to encourage them in their journey through this world.
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announced 4/21/2010 via Market Wire

Salem Communications Corporation, will acquire WWRC-AM

synopsis: Salem Communications Corporation announced that it will acquire WWRC 1260 AM, a radio station broadcasting on 1260 kHz in the mediumwave AM band. Its studios and transmitters are located in Washington, D.C., and it serves the Washington, D.C. metropolitan area.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values. "
target: WWRC-AM
WWRC (1260 AM) is a radio station broadcasting on 1260 kHz in the mediumwave AM band. WWRC serves the Washington, D.C. metropolitan area under the brand, "Money 1260."
price ($mm)
$3.10
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announced 8/13/2008 via BusinessWire

WAY-FM Media Group, Inc, will purchase WRVI (105.9FM) from Salem Communications Corporation

synopsis: Salem Communications Corporation a leading U.S. radio broadcaster, Internet content provider, magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values, announced it has entered into an agreement to sell WRVI (105.9FM) to the WAY-FM Media Group, Inc. for $3 million.
buyer: WAY-FM Media Group, Inc
WAY-FM Media Group owns and operates Christian radio stations throughout the US. WAY-FM exists to encourage youth and young adults in their Christian lives and to introduce non-believers to Christ. "
seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$3.00
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closed 7/7/2008 via BusinessWire

Radio One, Inc., acquired WPRS-FM

synopsis: Radio One, Inc. has completed the acquisition of the assets of radio station WPRS-FM, located in the Washington, DC market, for approximately $38.0 million in cash. The Company began operating the station under a Local Marketing Agreement during the second quarter of 2007, at which time it changed the station's call letters to WPRS-FM.
buyer: Radio One, Inc. (UONE.K:$438.37)
Radio One, Inc. is one of the nation's largest radio broadcasting companies and the largest radio broadcasting company that primarily targets African-American and urban listeners. Radio One owns and/or operates 53 radio stations located in 16 urban markets in the United States. "
target parent: Bonneville International Corporation
target: WPRS-FM
WPRS, known on air as Praise 104.1, is an Urban Gospel radio station in the Washington, D.C., metropolitan area. The station broadcasts from Waldorf, Maryland, at 104.1 MHz.
price ($mm)
$38
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announced 1/28/2008 via BNC Analysis

EMF Broadcasting, will purchase WFZH (105.3 FM) from Salem Communications Corporation

synopsis: EMF Broadcasting, Inc., agreed to acquire WFZH (105.3 FM) from Salem Communications Corp. for approximately $8.1 million in cash on January 28, 2008. The consideration includes an escrow deposit of $0.4 million.
buyer: EMF Broadcasting
EMF Broadcasting is the parent company of both the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Networks, which serve audiences 24/7 across the United States through 209 full-powered stations and 208 translators. "
seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$7.70
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closed 1/23/2008 via BNC Analysis

Good Karma Broadcasting LLC, purchased WRRD (540 AM) from Salem Communications Corporation

synopsis: Good Karma announced that it purchased WRRD-AM (540) from Salem Communications Corp., Camarillo, Calif., for an undisclosed amount.
buyer: Good Karma Broadcasting LLC
Good Karma Broadcasting is a company based in Beaver Dam that owns six radio stations in Wisconsin. "
seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$3.61
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announced 7/29/2019 via BNC Analysis

Relevant Radio, will purchase Seven Radio Stations from Salem Media Group

synopsis: Salem Media Group is selling seven radio stations to Relevant Radio (corporate name Immaculate Heart Media, Inc.). The stations include WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC in Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
buyer: Relevant Radio
Relevant Radio (corporate name Immaculate Heart Media, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. "
seller: Salem Media Group (SALM:$257.87)
The acquisition includes seven radio stations from Salem Media, four AMs and three FMs in two Florida markets. The stations include, WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
price ($mm)
$0.90
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announced 3/1/2019 via Company Press Release

Salem Media Group, will acquire PJ Media

synopsis: Salem Media Group, a leading multimedia company specializing in Christian and conservative content, has entered into an agreement to acquire PJ Media, a reliable source for original, unique, and cutting-edge news and analysis.
buyer: Salem Media Group (SALM:$257.87)
Salem Media Group is a leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing. Salem provides compelling content and relevant information from across the Christian media landscape. "
target: PJ Media
PJ Media focuses on the news that matters, from the insightful commentary provided by columnists to the writers' quick takes on trending news. The company brought bloggers into an integrated website that evolved into a reliable source for original, unique, and cutting-edge news and analysis.
price ($mm)
$0.10
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closed 7/26/2018 via BusinessWire

Salem Church Products, acquired Children’s Ministry Deals

synopsis: Salem Church Products, an online division of Salem Media Group, has announced the acquisition of ChildrensMinistryDeals.com. Children’s Ministry Deals offers a popular platform of creative and relevant Bible-based curriculum that meets the needs of children’s ministries in the local church.
buyer parent: Salem Media Group
buyer: Salem Church Products
Salem Church Products' websites are leaders in offering effective and professional resources for churches & ministries in the areas of media, preaching & teaching, youth ministry, children’s ministry, and employment. "
target: Children’s Ministry Deals
Children’s Ministry Deals offers a popular platform of creative and relevant Bible-based curriculum that meets the needs of children’s ministries in the local church.
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announced 7/25/2018 via Company Press Release

Walnut Radio, LLC, will purchase Two Radio Stations from Salem Media Group

synopsis: Hickory Radio, an affiliate of Walnut Radio, LLC, has signed an agreement to acquire KCRO-AM (660) and KOTK-AM (1420) and its affiliated translators from Salem Media Group, a leading multimedia company specializing in Christian and conservative content. Both radio stations are Christian talk radio stations.
buyer: Walnut Radio, LLC
Walnut Radio, LLC is an operator of radio stations in the state of Nebraska. Some radio stations that are owned by Walnut Radio are KBLR (97.3 FM), KHUB (1340 AM), and KFMT (105.5 FM). "
seller: Salem Media Group (SALM:$257.87)
Salem Media Group is a leading multimedia company specializing in Christian and conservative content. They operate over 100 radio stations, including Nebraska-based KCRO-AM (660) and KOTK-AM (1420). KCRO is a Christian radio station and KOTK is a conservative talk show station.
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announced 5/23/2018 via BNC Analysis

University of Northwestern-St. Paul, will acquire 100.7 The Fish

synopsis: The University of Northwestern-St. Paul, a Christ-centered liberal arts university, will acquire 100.7 The Fish from Salem Media Group, a leading multimedia company. 100.7 The Fish is a contemporary Christian radio station licensed to the Omaha, NE area. The station broadcasts contemporary Christian music to inspire hope and encouragement.
buyer: University of Northwestern-St. Paul
University of Northwestern-St. Paul is a Christ-centered liberal arts university located in the heart of the Twin Cities of Minneapolis and St. Paul. Since 1902, students have come to Northwestern to learn and develop as leaders through Christ-centered, academically excellent education. "
target parent: Salem Media Group
target: 100.7 The Fish
100.7 The Fish is a contemporary Christian radio station licensed to the Omaha, NE area. The station creates a positive, uplifting, and safe environment for the whole family. 100.7 The Fish broadcasts contemporary Christian music to inspire hope and encouragement.
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announced 3/14/2018 via BNC Analysis

Salem Media Group, will acquire KZTS Streetz 101.1 FM

synopsis: California-based Salem Media Group, which currently owns 115 radio outlets, has agreed to purchase KZTS Streetz 101.1 FM from Flinn Broadcasting Corporation. KZTS Streetz 101.1 FM is a hip hop radio station that broadcasts in the Little Rock, Arkansas radio market.
buyer: Salem Media Group (SALM:$257.87)
Salem Media Group is a leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing. Salem provides compelling content and relevant information from across the Christian media landscape. "
target parent: Flinn Broadcasting
target: KZTS Streetz 101.1 FM
KZTS Streetz 101.1 FM is a hip hop radio station that broadcasts in the Little Rock, Arkansas radio market.
price ($mm)
$1.10
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closed 9/5/2017 via BusinessWire

Eagle Financial Publications, acquired Intelligence Report

synopsis: Salem Media Group, announced that it has acquired Richard Young’s Intelligence Report, a monthly investment newsletter covering stocks, bonds, mutual funds and the economy. The newsletter offers their monthly issue, Monster Master Lists and the Economic Analysis. Salem's Eagle Financial Publications will be the new publisher of Intelligence Report.
buyer parent: Salem Media Group
buyer: Eagle Financial Publications
Eagle Financial Publications provides general market analysis and non-individualized investment strategies from financial commentators as well as a stock screening website for dividend investors. "
target parent: InvestorPlace Media, LLC.
target: Intelligence Report
Intelligence Report is a monthly investment newsletter covering stocks, bonds, mutual funds and the economy. The Intelligence Report service has these components—the monthly issue, Monster Master Lists and the Economic Analysis.
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closed 7/13/2017 via BusinessWire

Eagle Financial Publications, acquired TradersCrux

synopsis: Salem Media Group, through its wholly-owned Eagle Financial Publications, has acquired TradersCrux, an investment website for individual investors. It also provides a daily newseltter with links to the best investment articles from across the web.
buyer parent: Salem Media Group
buyer: Eagle Financial Publications
Eagle Financial Publications provides market analysis and specific investment advice for individual investors from financial commentators as well as a stock screening website for dividend investors. "
target: TradersCrux
TradersCrux.com is an investment website for individual investors. It also provides a daily newseltter with links to the best investment articles from across the web. They are based in Miami, FL.
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closed 6/2/2017 via BNC Analysis

Anderson University, acquired Preaching Magazine and YouthWorker Journal

synopsis: Anderson University has obtained Preaching magazine and Youthworker journal from Salem Media Group. Preaching Magazine is a bi-monthly periodical designed to encourage and enhance the ministry of those called to preach the Bible. YouthWorker Journal helps its readers address theological and practical issues involved in youth ministry today.
buyer: Anderson University
Anderson University is a private Christian college in Anderson, Indiana. Founded in 1917 by the Church of God, the university remains affiliated with its founding church and values its heritage and history. "
target parent: Salem Media Group
target: Preaching Magazine and YouthWorker Journal
Preaching Magazine is a bi-monthly periodical designed to encourage and enhance the ministry of those called to preach the Bible. YouthWorker Journal(TM) helps its readers address most of the important theological and practical issues involved in youth ministry today.
price ($mm)
$0.01
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closed 1/18/2017 via BusinessWire

Salem Web Network, acquired Christian Concert Alerts

synopsis: Salem Web Network, the online division of Salem Media Group, a leading U.S. radio broadcaster, Internet content provider and publisher targeting audiences interested in Christian and conservative opinion content, announced the acquisition of ChristianConcertAlerts.com, the leading industry provider of Christian artists’ tour dates and events.
buyer parent: Salem Media Group
buyer: Salem Web Network
Salem Web Network (SWN) is the Internet division of Salem Communications, America’s leading radio broadcaster, Internet content provider, and magazine book publisher targeting audiences interested in Christian and family-themed content and conservative values. "
target: Christian Concert Alerts
Founded in 2011, Christian Concert Alerts is the leading industry provider of Christian artists’ tour dates and events across the United States. They allow subscribers to receive monthly email notifications about Christian concert events coming to their geographical region.
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closed 10/27/2016 via BNC Analysis

Eagle Financial Publications, acquired TurnerTrends, Inc.

synopsis: Salem Media Group has acquired the TurnerTrends, the product line of investment strategist Mike Turner. Salem Media will add Turner’s offerings to Eagle Financial Publications. TurnerTrends Tools is an amazing product that uses 2.8 million lines of proprietary software code to rank more than 6,000 stocks and ETFs (exchange-traded funds).
buyer parent: Salem Media Group
buyer: Eagle Financial Publications
Eagle Financial Publications provides market analysis and specific investment advice for individual investors from financial commentators as well as a stock screening website for dividend investors. "
target: TurnerTrends, Inc.
TurnerTrends Tools is an amazing product that uses 2.8 million lines of proprietary software code to rank more than 6,000 stocks and ETFs (exchange-traded funds).
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closed 10/17/2016 via PR Newswire

Salem Media Group, acquired HistoryOnTheNet and AuthenticHistory

synopsis: Salem Media Group, Inc., America’s leading radio broadcaster, Internet content provider, and magazine and book publisher, has acquired HistoryOnTheNet and AuthenticHistory, websites that provide information about American history.
buyer: Salem Media Group (SALM:$257.87)
Salem Media Group is America’s leading radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values. "
target: HistoryOnTheNet and AuthenticHistory
History on the Net and The Authentic History Center provide online information about American history. The companies are based in the United States. History on the Net was founded in 2000.
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$0.10
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closed 4/4/2016 via PR Newswire

Eagle Financial Publications, acquired Retirement Watch

synopsis: Eagle Financial Publications, a publication that provides market analysis and specific investment advice for individual investors, acquired Retirement Watch, a guide to safe, profitable retirement investing, new money-saving tax strategies and complete estate planning for a comfortable retirement.
buyer parent: Salem Media Group
buyer: Eagle Financial Publications
Eagle Financial Publications provides market analysis and specific investment advice for individual investors from financial commentators as well as a stock screening website for dividend investors. "
target: Retirement Watch
Retirement Watch is a guide to safe, profitable retirement investing, new money-saving tax strategies and complete estate planning for a comfortable retirement. Retirement Watch was the first publication to cover all the financial aspects of retirement.
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closed 12/10/2015 via PR Newswire

Salem Web Network, acquired Instapray

synopsis: Salem Web Network, the online division of Salem Media Group, a leading U.S. radio broadcaster, Internet content provider and publisher, announced the acquisition of Instapray, an app that allows users to add prayer requests, share them with a global network and receive notifications as their prayers are prayed over.
buyer parent: Salem Media Group
buyer: Salem Web Network
Salem Web Network (SWN) is the Internet division of Salem Communications, America’s leading radio broadcaster, Internet content provider, and magazine book publisher targeting audiences interested in Christian and family-themed content and conservative values. "
target: Instapray
Instapray is a free mobile application on iOS and Android that connects people around the world through prayers. Request, share prayers, pray for someone and get connected. Instapray is dedicated to building a global online community of happiness, love and support.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/2/2015 via PR Newswire

Eagle Financial Publications, acquired DividendYieldHunter.com

synopsis: Salem Media Group announced that it has acquired the website DividendYieldHunter.com, a website that contains information on dividend-paying stocks. DividendYieldHunter.com will be added to Eagle Financial Publications, which provides market analysis and specific investment advice for individual investors from financial commentators.
buyer parent: Salem Media Group
buyer: Eagle Financial Publications
Eagle Financial Publications provides market analysis and specific investment advice for individual investors from financial commentators as well as a stock screening website for dividend investors. "
target: DividendYieldHunter.com
DividendYieldHunter.com is a website that contains information on dividend-paying stocks. The site gives investors information about many different classes of dividend-paying stocks including preferred stocks, bonds, Master Limited Partnerships (MLPs), Real Estate Investment Trusts (REITs) and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/16/2015 via PR Newswire

Luz Mundial, acquired La Biblia Reina Valera

synopsis: Luz Mundial, a collection of websites to help reflect the world the light of Christ, announced its acquisition of a Spanish-only Bible study iPhone app, La Biblia Reina Valera. More than one million people in six continents have used the app and the number continues to grow.
buyer parent: Salem Media Group
buyer: Luz Mundial
Luz Mundial is company with a collection of websites to help reflect the world the light of Christ. They are dedicated to serving their users and ministries associated with the message of the good news of salvation in Jesus Christ as the center of everything they do. "
target: La Biblia Reina Valera
La Biblia Reina Valera is a Spanish-only Bible study iPhone app. More than one million people in 6 continents have used the app – La Biblia Reina Valera (de estudio en Español) – and the number continues to grow.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/6/2015 via PR Newswire

Eagle Financial Publications, acquired DividendInvestor.com

synopsis: Eagle Financial Publication, a subsidiary of Salem Media Group, announced that it has acquired the website DividendInvestor.com, a provider of dividend information and data for investment professionals. DeividendInvestor.com designs and develops tools and systems for the investment community with the highest level of accuracy and integrity.
buyer parent: Salem Media Group
buyer: Eagle Financial Publications
Eagle Financial Publications provide market analysis and specific investment advice for individual investors. Eagle Wellness provides practical health advice and is a trusted source for nutritional supplements from one of the country's leading complementary health physicians. "
target: DividendInvestor.com
Dividend Investor provides dividend stock data for stock markets across the world. The screening tool helps locate the best dividend stocks. Subscribers can receive emails on multiple subjects such as when a company announces a dividend, what companies are changing dividends.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/20/2015 via BNC Analysis

Salem Media Group, will purchase 590 WDWD and 1250 WDDZ from Radio Disney, Inc.

synopsis: Salem Media Group agreed to acquire 590 WDWD and 1250 WDDZ Radio Stations from Radio Disney. 590 WDWD is a radio station located in Atlanta. Its programming consists of a 24-hour simulcast of the Radio Disney network. 1250 WDDZ is a radio station located in Pittsburgh that broadcasts Radio Disney programming.
buyer: Salem Media Group (SALM:$257.87)
Salem Media Group is America's leading Christian and conservative multi-media corporation, with media properties comprising radio, digital media and book, magazine and newsletter publishing. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions. "
seller parent: The Walt Disney Company
seller: Radio Disney, Inc.
Located in Atlanta, 590 WDWD programming consists of a 24-hour simulcast of the Radio Disney network. WDDZ is a radio station located in Pittsburgh that broadcasts Radio Disney programming.
price ($mm)
$3.80
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/13/2014 via Market Watch

Salem Communications Corporation, acquired Eagle Publishing, Inc.

synopsis: Salem Communications announced the acquisition of Eagle Publishing. Eagle Publishing operates four businesses, Regnery Publishing, a publisher of conservative books, Human Events and Red State, which are conservative opinion websites, Eagle Financial publications, which provides investment advice, and Eagle Wellness which provides health advice.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications Corporation is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and family-themed radio content, as measured by the number of stations and audience coverage. "
target: Eagle Publishing, Inc.
Eagle Publishing, Inc. operates four businesses, Regnery Publishing, a publisher of conservative books, Human Events and Red State, which are conservative opinion websites, Eagle Financial publications, which provides investment advice, and Eagle Wellness which provides health advice.
price ($mm)
$3.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/11/2013 via Company Press Release

Salem Communications Corporation, acquired Twitchy.com

synopsis: Salem Communications, announced the acquisition of Twitchy.com. Twitchy is a ground-breaking Twitter curation site powered by a kinetic staff of social media junkies. They mine Twitter to bring “who said what” in U.S. politics, global news, sports, entertainment, media, and breaking news 24/7.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications Corporation is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and family-themed radio content, as measured by the number of stations and audience coverage. "
target: Twitchy.com
Twitchy is a ground-breaking Twitter curation site powered by a kinetic staff of social media junkies. They mine Twitter to bring “who said what” in U.S. politics, global news, sports, entertainment, media, and breaking news 24/7.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2019 via BNC Analysis

Relevant Radio, will purchase Seven Radio Stations from Salem Media Group

synopsis: Salem Media Group is selling seven radio stations to Relevant Radio (corporate name Immaculate Heart Media, Inc.). The stations include WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC in Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
buyer: Relevant Radio
Relevant Radio (corporate name Immaculate Heart Media, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. "
seller: Salem Media Group (SALM:$257.87)
The acquisition includes seven radio stations from Salem Media, four AMs and three FMs in two Florida markets. The stations include, WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
price ($mm)
$0.90
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/27/2019 via BNC Analysis

Relevant Radio, will purchase 88.9 FM and 88.1 FM from Catholic Diocese of Brownsville

synopsis: RGV Educational Broadcasting, Inc., a subsidiary operated by the Diocese of Brownsville, agreed to sell 88.9 FM in Harlingen and 88.1 FM in McAllen to Immaculate Heart Media, which operates Relevant Radio and airs Catholic programming.
buyer: Relevant Radio
Relevant Radio (corporate name Immaculate Heart Media, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. "
seller: Catholic Diocese of Brownsville
The acquisition includes the two religious radio stations 88.9 FM in Harlingen and 88.1 FM in McAllen from RGV Educational Broadcasting, Inc., a subsidiary operated by the Diocese of Brownsville.
price ($mm)
$1.25
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/13/2016 via Company Press Release

Relevant Radio will be merged with Immaculate Heart Radio,

synopsis: Relevant Radio, a radio network in the US, mainly broadcasting talk radio and religious programming involving the Catholic Church, and Immaculate Heart Radio, a company that that operates a growing network of Catholic radio stations, have announced their intention to merge.
buyer: Immaculate Heart Radio
Immaculate Heart Radio is a non-profit lay apostolate that operates a growing network of Catholic radio stations in the West. They are dedicated to sharing the heart of the Christian faith and changing lives through radio airwaves. "
target: Relevant Radio
Relevant Radio (corporate name Starboard Media Foundation, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2019 via BNC Analysis

Relevant Radio, will purchase Seven Radio Stations from Salem Media Group

synopsis: Salem Media Group is selling seven radio stations to Relevant Radio (corporate name Immaculate Heart Media, Inc.). The stations include WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC in Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
buyer: Relevant Radio
Relevant Radio (corporate name Immaculate Heart Media, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. "
seller: Salem Media Group (SALM:$257.87)
The acquisition includes seven radio stations from Salem Media, four AMs and three FMs in two Florida markets. The stations include, WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
price ($mm)
$0.90
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/27/2019 via BNC Analysis

Relevant Radio, will purchase 88.9 FM and 88.1 FM from Catholic Diocese of Brownsville

synopsis: RGV Educational Broadcasting, Inc., a subsidiary operated by the Diocese of Brownsville, agreed to sell 88.9 FM in Harlingen and 88.1 FM in McAllen to Immaculate Heart Media, which operates Relevant Radio and airs Catholic programming.
buyer: Relevant Radio
Relevant Radio (corporate name Immaculate Heart Media, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. "
seller: Catholic Diocese of Brownsville
The acquisition includes the two religious radio stations 88.9 FM in Harlingen and 88.1 FM in McAllen from RGV Educational Broadcasting, Inc., a subsidiary operated by the Diocese of Brownsville.
price ($mm)
$1.25
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/13/2016 via Company Press Release

Relevant Radio will be merged with Immaculate Heart Radio,

synopsis: Relevant Radio, a radio network in the US, mainly broadcasting talk radio and religious programming involving the Catholic Church, and Immaculate Heart Radio, a company that that operates a growing network of Catholic radio stations, have announced their intention to merge.
buyer: Immaculate Heart Radio
Immaculate Heart Radio is a non-profit lay apostolate that operates a growing network of Catholic radio stations in the West. They are dedicated to sharing the heart of the Christian faith and changing lives through radio airwaves. "
target: Relevant Radio
Relevant Radio (corporate name Starboard Media Foundation, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2019 via BNC Analysis

Berry Broadcasting, will acquire KXEN-AM and WGNU-AM

synopsis: Berry Broadcasting, a company created by Paul Berry III to acquire local radio stations in the St. Louis, MO area, is to acquire KXEN-AM 1010, a Christian talk radio station and WGNU-AM 920, a talk radio station covering topics in business, sports, entertainment and more. Both stations are based in St. Louis.
buyer: Berry Broadcasting
Berry Broadcasting is a company created by Paul Berry III, a politician in the St. Louis, MO area and nephew of Chuck Berry, the rock and roll legend. It was created to acquire local radio stations in the St. Louis, MO area. "
target: KXEN-AM and WGNU-AM
KXEN-AM 1010 is a Christian talk radio station based out of St. Louis, MO. WGNU-AM 920 is a talk radio station also based out of St. Louis, covering topics in business, sports, entertainment and more.
price ($mm)
$0.65
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/25/2018 via Company Press Release

Walnut Radio, LLC, will purchase Two Radio Stations from Salem Media Group

synopsis: Hickory Radio, an affiliate of Walnut Radio, LLC, has signed an agreement to acquire KCRO-AM (660) and KOTK-AM (1420) and its affiliated translators from Salem Media Group, a leading multimedia company specializing in Christian and conservative content. Both radio stations are Christian talk radio stations.
buyer: Walnut Radio, LLC
Walnut Radio, LLC is an operator of radio stations in the state of Nebraska. Some radio stations that are owned by Walnut Radio are KBLR (97.3 FM), KHUB (1340 AM), and KFMT (105.5 FM). "
seller: Salem Media Group (SALM:$257.87)
Salem Media Group is a leading multimedia company specializing in Christian and conservative content. They operate over 100 radio stations, including Nebraska-based KCRO-AM (660) and KOTK-AM (1420). KCRO is a Christian radio station and KOTK is a conservative talk show station.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/26/2017 via BNC Analysis

Carroll Broadcasting, will purchase WHST-FM from The Promise FM

synopsis: Carroll Broadcasting, a Michigan-based radio broadcasting company, is acquiring WHST-FM in Tawas City, MI, from Northern Christian Radio Inc. Northern Christian Radio operates the Promise FM, a non-commercial Christian radio program. WHST broadcasts the Promise FM in Tawas City at 106.1FM.
buyer: Carroll Broadcasting
Carroll Broadcasting is a radio broadcasting company that has been serving Northeast Michigan since 1968. Locally owned and operated, Carroll Broadcasting owns four properties: WKJC FM 104.7, Tawas City, WIOS AM 1480, Tawas City, WQLB FM 103.3, Tawas City and WKJZ FM 94.9, Alpena Michigan. "
seller: The Promise FM
WHST is a radio station in Tawas City, MI at 106.1FM. The Promise FM is a Christian radio broadcasting company that serves Northern Michigan and portions of Ontario with non-commercial Christian music and programs.
price ($mm)
$0.18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/9/2015 via BNC Analysis

Liftable Media Inc., acquired USA Radio Networks

synopsis: Expanding beyond digital and into broadcast radio, digital network Liftable Media Inc. has purchased syndicator USA Radio Networks from Cross Platform Media. USA Radio Networks provides Christian and conservative news/talk programming, including Iowa radio host Steve Deace, whose show is carried on 56 stations around the country.
buyer: Liftable Media Inc.
Liftable Media, Inc. is a media company that drives positive cultural change through media, truth, and storytelling. They are proud to operate some of the world’s top conservative news and commentary news sites, including WesternJournalism.com and ConservativeTribune.com. "
target parent: Cross Platform Media
target: USA Radio Networks
USA Radio Networks currently produces and/or distributes the 24 hour USA Headline News and more than 20 nationally syndicated radio programs targeting consumers of news, talk, information, and Christian programming heard on both commercial and non-commercial radio stations nationwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/1/2014 via Company Press Release

Nebraska Rural Radio Foundation, purchased KAMI-AM from Bott Radio Network Inc.

synopsis: The Nebraska Rural Radio Association announced that it has purchased KAMI 1580 AM from Bott Radio Network of Overland Park, Kansas. KAMI broadcasts a Christian radio format to Central Nebraska. Its programming includes Bible teaching, Christian news, and Christian information programs.
buyer: Nebraska Rural Radio Foundation
Nebraska Rural Radio Associaton is a network of six radio stations with both AM and FM stations in Lexington, Scottsbluff, and West Point. "
seller: Bott Radio Network Inc.
KAMI (1580 AM) is a radio station licensed to serve Cozad, Nebraska, USA. KAMI broadcasts a Christian radio format. Its programming includes Bible teaching, Christian news, and Christian information programs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/22/2014 via PR Newswire

Cross Platform Media, acquired IRN USA Radio

synopsis: Cross Platform Media, a Raleigh-based media company, announced its recent acquisition of IRN/USA Radio Network (Information Radio Network). IRN/USA Radio Network produces and/or distributes more than twenty nationally syndicated radio programs with audience-targeted formatting primarily for News/Talk and Christian radio.
buyer: Cross Platform Media
CPM is a national media company based in Raleigh, NC, that specializes in media network services by developing and distributing news, entertainment and talk show programming for independent Christian and general market radio stations, print and digital platforms. "
target: IRN USA Radio
IRN/USA Radio Network produces and/or distributes more than twenty nationally syndicated radio programs with audience-targeted formatting primarily for News/Talk and Christian radio, both commercial and non-commercial.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/8/2012 via PR Newswire

Mt. Olive Baptist Church, will acquire Power 105.5

synopsis: Light Media, Inspirational Media Specialist, announced that it has signed a definitive agreement to divest the assets of its Power 105.5/The King radio station to Mt. Olive Baptist Church. Power 105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music.
buyer: Mt. Olive Baptist Church
Mt. Olive Baptist Church is a Church. "
target parent: Light Media
target: Power 105.5
Power 105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music. It is the world's first terrestrial (24/7) radio station formatted in this manner.
price ($mm)
$0.25
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/16/2012 via GlobeNewswire

Cumulus Media Inc., will acquire WFME-FM

synopsis: Cumulus Media, the nation's largest pure-play radio broadcaster, announced that it has signed a definitive agreement to purchase WFME-FM -- providing Cumulus a third station in New York City. WFME-FM is a radio station on 94.7 FM licensed to Newark, New Jersey.
buyer: Cumulus Media Inc. (OTCPK:CMLS.Q:$1,144.18)
Cumulus Media is the largest pure-play radio broadcaster in the US with approximately 525 stations in 110 markets, a fully-distributed programming network serving more than 4,500 affiliates nationwide and SweetJack, the local deals platform. "
target parent: Family Radio
target: WFME-FM
WFME-FM is religious a radio station on 94.7 FM licensed to Newark, New Jersey. The studio, office and transmitter are located in West Orange, New Jersey and is shared with sister station WFME-TV (channel 66).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2012 via BNC Analysis

Salem Communications Corporation, acquired WMUU Radio

synopsis: Caron Broadcasting Inc., a subsidiary of Salem Communications Corporation, acquires WMUU-FM. WMUU is a Christian radio station in Greenville-Spartanburg, SC.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications Corporation is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and family-themed radio content, as measured by the number of stations and audience coverage. "
target: WMUU Radio
WMUU, INC., doing business as WMUU AM & FM Radio Station, provides radio broadcasting services. WMUU is a Christian station. The primary mission is to have a Spiritual impact on the communities they serve.
price ($mm)
$3.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/14/2012 via Yahoo, Inc.

Classical South Florida, purchased WAYJ 88.7FM Fort Myers from WAY-FM Media Group, Inc

synopsis: WAY Media, Inc. announced that Classical South Florida (CSF), a nonprofit listener-supported public radio organization dedicated to broadcasting classical music, has agreed to acquire the assets of WAYJ 88.7FM in Fort Myers, Florida.
buyer: Classical South Florida
Classical South Florida is a nonprofit public radio organization dedicated to broadcasting classical music. Its program schedule includes broadcasts of nationally renowned classical programs such as Performance Today®, SymphonyCast®, Pipedreams® and Saint Paul Sunday®. "
seller: WAY-FM Media Group, Inc
WAY-FM Media Group owns and operates Christian radio stations throughout the US. WAY-FM exists to encourage youth and young adults in their Christian lives and to introduce non-believers to Christ.
price ($mm)
$4.35
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2011 via Market Wire

Light Media, acquired Power 105.5

synopsis: Light Media, Inspirational Media Specialist, has officially joined the ranks of publicly-traded broadcasting companies via closing of its acquisition of Power 105.5 FM. Power105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music.
buyer: Light Media (LGMH:$0.00)
Light Media, Inspirational Media Specialist, via its integrated portfolio platform partners targets the youth, young adult and adult/family demographic for inspirational media and entertainment that uplifts the community 24/7. "
target: Power 105.5
Power 105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music. It is the world's first terrestrial (24/7) radio station formatted in this manner.
price ($mm)
$0.25
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/26/2011 via BNC Analysis

Christian Resource Centre, will acquire Woay-AM radio

synopsis: The Christian Resource Center will acquire WOAY-AM radio. AM 860 WOAY provides radio with the intent of teaching people ways to grow in their relationship with God and other believers, and to encourage them in their journey through this world.
buyer: Christian Resource Centre
The Christian Resource Center is a central location for pastors and their churches in Southern West Virginia to turn to for information and resource materials. From the beginning, the primary goal has been to aid in spiritual growth and the furtherance of personal and church ministries. "
target: WOAY-AM Radio
AM 860 WOAY provides radio with the intent of teaching people ways to grow in their relationship with God and other believers, and to encourage them in their journey through this world.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/13/2008 via BusinessWire

WAY-FM Media Group, Inc, will purchase WRVI (105.9FM) from Salem Communications Corporation

synopsis: Salem Communications Corporation a leading U.S. radio broadcaster, Internet content provider, magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values, announced it has entered into an agreement to sell WRVI (105.9FM) to the WAY-FM Media Group, Inc. for $3 million.
buyer: WAY-FM Media Group, Inc
WAY-FM Media Group owns and operates Christian radio stations throughout the US. WAY-FM exists to encourage youth and young adults in their Christian lives and to introduce non-believers to Christ. "
seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$3.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/7/2008 via BusinessWire

Radio One, Inc., acquired WPRS-FM

synopsis: Radio One, Inc. has completed the acquisition of the assets of radio station WPRS-FM, located in the Washington, DC market, for approximately $38.0 million in cash. The Company began operating the station under a Local Marketing Agreement during the second quarter of 2007, at which time it changed the station's call letters to WPRS-FM.
buyer: Radio One, Inc. (UONE.K:$438.37)
Radio One, Inc. is one of the nation's largest radio broadcasting companies and the largest radio broadcasting company that primarily targets African-American and urban listeners. Radio One owns and/or operates 53 radio stations located in 16 urban markets in the United States. "
target parent: Bonneville International Corporation
target: WPRS-FM
WPRS, known on air as Praise 104.1, is an Urban Gospel radio station in the Washington, D.C., metropolitan area. The station broadcasts from Waldorf, Maryland, at 104.1 MHz.
price ($mm)
$38
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/28/2008 via BNC Analysis

EMF Broadcasting, will purchase WFZH (105.3 FM) from Salem Communications Corporation

synopsis: EMF Broadcasting, Inc., agreed to acquire WFZH (105.3 FM) from Salem Communications Corp. for approximately $8.1 million in cash on January 28, 2008. The consideration includes an escrow deposit of $0.4 million.
buyer: EMF Broadcasting
EMF Broadcasting is the parent company of both the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Networks, which serve audiences 24/7 across the United States through 209 full-powered stations and 208 translators. "
seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$7.70
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/23/2008 via BNC Analysis

Good Karma Broadcasting LLC, purchased WRRD (540 AM) from Salem Communications Corporation

synopsis: Good Karma announced that it purchased WRRD-AM (540) from Salem Communications Corp., Camarillo, Calif., for an undisclosed amount.
buyer: Good Karma Broadcasting LLC
Good Karma Broadcasting is a company based in Beaver Dam that owns six radio stations in Wisconsin. "
seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$3.61
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/8/2007 via BusinessWire

Salem Communications Corporation, acquired Christian Music Planet

synopsis: Salem Communications Corporation, a leading U.S. radio broadcaster, Internet content provider, magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values, has acquired the Christian Music Planet® brand, including www.ChristianMusicPlanet.com, a leading Christian music web portal.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values. "
target parent: EMF Broadcasting
target: Christian Music Planet
Christian Music Planet is the most-read Christian music and entertainment consumer publication. The magazine is also an integral part of the EMF Broadcasting family, which includes the K-LOVE and Air 1 radio networks.
price ($mm)
$0.30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Ticker: SALM
 
 
 
 
 
 
 
 
Salem Media Group
Salem Media Group
Salem Media Group is America’s leading radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
year
2019
rev ($mm)
$257.87
EBITDA ($mm)
$35.51
EBIT ($mm)
$20.88
Net Income ($mm)
Employees
1363
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Ticker: GGMC
 
 
 
 
 
 
 
 
Global Gateway Media & Communications, Inc.
Global Gateway Media & Communications, Inc.
Global Gateway Media & Communications, Inc. is a media and communications focused company. Through its subsidiaries and holdings, it has two core businesses: Media Broadcasting and Home Shopping Network.
year
2010
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
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Ticker: SALM
 
 
 
 
 
 
 
 
Salem Media Group
Salem Media Group
Salem Media Group is America’s leading radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
year
2019
rev ($mm)
$257.87
EBITDA ($mm)
$35.51
EBIT ($mm)
$20.88
Net Income ($mm)
Employees
1363
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