Salem Media Group Q4 2020 Net Revenue Flat; Full Year Revenue Declines 7.2%. Reporting its financial data for the fourth quarter of 2020 and the full year, Salem Media Group performs well compared to some of the other media companies that have released their financial data. Fourth quarter net revenue was $64.5 million – down just 0.2% over the same period in 2019. Full year net revenue was $236.2 million – a decline of 7.2% from 2019. Salem reports in segments and although the broadcast segment’s net revenue was down 4.8% on revenue of $48.1 million, its digital segment was up 13.5% on revenue of $11.2 million. For the full year of 2020, the broadcast segment’s net revenue was down 8.1% on revenue of $178.1 million and the digital segment’s net revenue was up 1% on revenue of $39.6 million. Salem reports a fourth quarter loss of $3.3 million compared to the $4.5 million loss it posted in 2019. For the full year the company’s reported loss was $54 million, up from the loss of $27.8 million it reported for 2019.

WFAN’s ‘Carton & Roberts’ to Be Simulcast on SNY. The WFAN, New York afternoon drive show “Carton & Roberts” – co-hosted by Craig Carton and Evan Roberts – will be simulcast on cable TV via SNY, beginning in May. The show airs on Entercom’s WFAN from 2:00 pm to 7:00 pm daily and SNY will simulcast the show from 4:00 pm to 6:00 pm. Entercom New York SVP and market manager Chris Oliviero says, “‘Carton & Roberts’ has quickly connected with audiences by providing a unique daily sports conversation experience. WFAN has a long and storied history of bringing sports radio to life visually and we’re honored to join with SNY to expand Craig and Evan’s reach onto more screens, more devices and, of course, still in your car.” SNY president Steve Raab adds, “We are excited to partner with WFAN to bring ‘Carton and Roberts’ to SNY. Craig and Evan are engaging, insightful and know their New York sports. The addition of this simulcast not only enhances our daily television line up, but it elevates New York sports news and entertainment programming for a very passionate fan base.”

COVID-19 Vaccines, Variants and Stats Top News/Talk Story for Week of March 1-5. The rollout of vaccines, concerns about variants, and the latest COVID stats combined as the most-talked-about story on news/talk radio this week, landing atop the Talkers Ten^TM. At #2 this week was the state of the U.S. economy tied with the nation’s education crisis. Coming in at #3 was a tie between the allegations of sexual harassment against New York Governor Andrew Cuomo and the #MeToo movement. The Talkers Ten^TM is a weekly chart of the top stories and people discussed on news/talk radio during the week and is the result of ongoing research from TALKERS magazine. It is published every Friday at Talkers.com. See this week’s complete chart here.

Producer Wanted for Syndicated Morning Show. A nationally syndicated morning show is searching for an experienced producer to help generate content and show prep. The successful candidate will have 3-5 years’ experience producing a lifestyle-based show. The individual we’re looking for will have the ability to check their ego at the door and dig deep to provide show prep and occasionally deliver on-air content. Although we’re a national show with a significant nationwide and worldwide footprint, we’re a small operation and very much a family. The successful candidate will understand the high-pressure nature of the business but also understand how to operate with minimal direction with strong personalities. This is a full-time, remote position; relocation is not required. Salary is commensurate with experience. Finalists will be required to sign a non-disclosure agreement. Learn more about this position here and send materials to: Dtc_exec@yahoo.com.

Morning Drive News Anchor-Host at Top 25 Market East Coast Station. Looking for a news air talent who can write and read news for a local, current events issue-driven morning show. Prefer an air talent who is comfortable expressing an opinion on the hot topics of the day. Interested? Submit a demo mp3 and resume ASAP. Apply confidentially to talkradiogig@gmail.com. The radio station is an EOE and females are encouraged to apply.

Tags: 2019, 2020, broadcast segment, cable TV, Chris Oliviero, Craig Carton, digital segment, Entercom, Evan Roberts, financial data, fourth quarter, full-year, loss, net income, New York, news/talk radio, Q4, Salem Media Group, Simulcast, SNY, Steve Raab, Talkers Magazine, WFAN

Category: Front Page News, Industry News