Salem Q2 Net Broadcast Revenue $49.7M
Salem 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.