Salem Q2 Net Broadcast Revenue $49.7M

By on Aug, 5 2016 with Comments 0

SalemMediaGroupSalem Media Group reported total revenue increased 1% to $67.8 million in the second quarter; that’s compared to $67.3 million for the same period a year ago.

Total operating expenses increased to $58.1 million from $58 million. Net income decreased 5% to $3.4 million.

For broadcasting specifically, net revenue increased 1% to $49.7 million from $49.1 million while station operating income increased by 1% to $14 million.

 

About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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