Salem Media Group Announces Plan to Sell Its Contemporary Christian Music Stations in Nashville and Honolulu
Salem Media Group, Inc. (OTCQX: SALM) announced today that it entered into an agreement to sell its contemporary Christian music stations in Nashville, Tennessee and Honolulu, Hawaii to Educational Media Foundation (EMF).
- Salem Media Group, Inc. (OTCQX: SALM) announced today that it entered into an agreement to sell its contemporary Christian music stations in Nashville, Tennessee and Honolulu, Hawaii to Educational Media Foundation (EMF).
- EMF operates Christian music stations across the country as K-LOVE and Air1.
- Salem Media CEO David Santrella stated, “Salem remains steadfast in our commitment to paying down debt and reducing our overall leverage.
- Salem Media Group is America’s leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing.