Entravision Partners with Roku to Serve as Media Advertising Partner in Mexico

Research, News, and Market Data on Entravision

Partnership Expands Entravision’s Position in the Rapidly Growing Connected Television Marketplace

SANTA MONICA, Calif.–(BUSINESS WIRE)– Entravision (NYSE: EVC), a leading global advertising, media and ad-tech solutions company connecting brands to consumers by representing top platforms and publishers, announced today that the Company has partnered with Roku, the #1 TV streaming platform in the U.S., Mexico and Canada*, to serve as Roku’s media advertising partner in Mexico. Entravision will help brands effectively reach consumers by advertising on the Roku streaming platform.

As more consumers are moving to TV streaming, advertisers can reach them by moving budgets into TV streaming. Through Roku’s advertising solutions, brands and marketers can reach audiences at scale on the Roku platform. Entravision, as Roku’s trusted partner, will serve as an advertising partner in Mexico to work with brands interested in advertising through the Roku platform.

“Entravision is very excited to partner with Roku, the pioneer in television streaming, as they begin advertising in Mexico,” said Juan Saldívar, Entravision’s Chief Digital, Strategy and Accountability Officer. “Through our partnership, Entravision will be able to connect brands and marketers in Mexico with Roku’s advertising solution, in order to reach TV streamers on the Roku streaming platform.”

Mr. Saldívar continued, “Entravision has extensive digital marketing expertise for companies looking to tap into growing Latino audiences, including in Mexico. We look forward to leveraging our expertise and local market connections to support Roku’s global advertising growth.”

Brands and content providers will be able to reach consumers through ad-supported content as part of Roku advertising, which includes benefits such as:

• Reach consumers at scale: Roku has a direct relationship with its consumers, enabling better ad targeting and measurement.
• Access to premium inventory: Brands can advertise with trusted editorially-curated, premium channels, including local networks, film & TV, sports and lifestyle.
• Unique storytelling for brands: Create advertiser experiences that go beyond the 30-second ad and take full advantage of the TV streaming environment.
• Performance driven: Roku combines TV’s branding power with digital data to drive performance and results.

To learn more about this partnership with Roku, please contact Entravision’s digital sales team.

* by hours streamed (Hypothesis Group, October 2021)

About Entravision

Entravision is a leading global advertising, media and ad-tech solutions company connecting brands to consumers by representing top platforms and publishers. Our dynamic portfolio of services includes digital, television and radio offerings. Digital, our largest revenue segment, is comprised of five core businesses: Entravision Digital, Smadex, Cisneros Interactive, MediaDonuts, and 365 Digital. Entravision Digital provides branding and performance digital solutions to clients and small- and mid-size businesses throughout the world. Smadex provides cutting-edge mobile programmatic solutions and demand-side platforms which enable advertisers to effectively execute performance campaigns using machine-learned bidding algorithms. Cisneros Interactive provides unique digital marketing solutions representing major global publishers and ad-tech platforms in Latin America, while also managing the leading digital audio network and solutions player Audio.Ad. MediaDonuts provides digital marketing performance and branding services in the Southeast Asia region and maintains unique commercial partnerships with some of the world’s leading digital publishers and social media platforms. 365 Digital is a digital advertising solutions provider that offers exclusive sales representations with major global platforms in South Africa. Beyond digital, Entravision has 53 television stations and is the largest affiliate group of the Univision and UniMás television networks. Entravision also manages 46 primarily Spanish-language radio stations that feature nationally recognized, Emmy award-winning talent. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about all of our marketing, media, and technology offerings at entravision.com or connect with us on LinkedIn and Facebook.

Forward-Looking Statements

This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that actual results will not differ materially from these expectations, and the Company disclaims any duty to update any forward-looking statements made by the Company. From time to time, these risks, uncertainties and other factors are discussed in the Company’s filings with the Securities and Exchange Commission.

Christopher T. Young
Chief Financial Officer
Entravision Communications Corporation
310-447-3870

Kimberly Esterkin
Addo Investor Relations
evc@addo.com
310-829-5400

Rogelio Osorio
CTV Business Sales Development
Entravision Communications Corporation
rogelio.osorio@entravision.com

Source: Entravision

After 21 Years at Atlanta’s WFSH, Parks Stamper Retires From Midday Host

Research, News, and Market Data on Salem Media

IRVING, Texas–(BUSINESS WIRE)– Salem Media Group, Inc. (NASDAQ: SALM) announced today that long-time radio personality Parks Stamper is hanging up her headphones and moving into a new season of her life. After 21 years at Atlanta’s WFSH (104.7 The Fish), Stamper said, “When my husband, Greg, and I prayed about accepting the position at The Fish, God made it clear that it was for a season. I had no idea that the season would last 21 years! I am so thankful to the listeners, coworkers, and sponsors for inviting me into their work and homes to see Jesus Christ transforming and literally saving lives.”

Parks Stamper (Photo: Business Wire)

Mike Blakemore, VP of Programming for Salem’s CCM stations and Program Director of WFSH, Atlanta, stated, “We wish Parks the best after a long distinguished career serving the Atlanta community. She has touched and changed so many lives over the years. She, more than anyone at The Fish, sounded like Atlanta, and was the radio co-worker and friend to millions of listeners during her tenure. Parks on the air is the same Parks in person. She is 100% authentic. She cares and prays for our listeners every day. Fortunately for us, she will continue to be a voice on the air on a part-time basis.”

Parks Stamper’s broadcast career began in 1997 after a career as a trainer in the telecommunications industry. Her passion for spreading the Gospel on The Fish in her own unique way through stories and music, has made a great impact in Atlanta and beyond with our large online listenership. Her final day on her midday show will be Friday, February 25^th. Blakemore added, “We encourage listeners and friends to reach out on her final day via social media and call in to her show to wish her the best!”

ABOUT SALEM MEDIA GROUP:

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. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.

Mike Blakemore
VP Programming, Salem Media Group
PD WFSH, Atlanta, GA
678-641-2269
mike.blakemore@salematlanta.com

Source: Salem Media Group, Inc.

After 21 Years at Atlanta’s WFSH, Parks Stamper Retires From Midday Host

Research, News, and Market Data on Salem Media

IRVING, Texas–(BUSINESS WIRE)– Salem Media Group, Inc. (NASDAQ: SALM) announced today that long-time radio personality Parks Stamper is hanging up her headphones and moving into a new season of her life. After 21 years at Atlanta’s WFSH (104.7 The Fish), Stamper said, “When my husband, Greg, and I prayed about accepting the position at The Fish, God made it clear that it was for a season. I had no idea that the season would last 21 years! I am so thankful to the listeners, coworkers, and sponsors for inviting me into their work and homes to see Jesus Christ transforming and literally saving lives.”

Parks Stamper (Photo: Business Wire)

Mike Blakemore, VP of Programming for Salem’s CCM stations and Program Director of WFSH, Atlanta, stated, “We wish Parks the best after a long distinguished career serving the Atlanta community. She has touched and changed so many lives over the years. She, more than anyone at The Fish, sounded like Atlanta, and was the radio co-worker and friend to millions of listeners during her tenure. Parks on the air is the same Parks in person. She is 100% authentic. She cares and prays for our listeners every day. Fortunately for us, she will continue to be a voice on the air on a part-time basis.”

Parks Stamper’s broadcast career began in 1997 after a career as a trainer in the telecommunications industry. Her passion for spreading the Gospel on The Fish in her own unique way through stories and music, has made a great impact in Atlanta and beyond with our large online listenership. Her final day on her midday show will be Friday, February 25^th. Blakemore added, “We encourage listeners and friends to reach out on her final day via social media and call in to her show to wish her the best!”

ABOUT SALEM MEDIA GROUP:

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. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.

Mike Blakemore
VP Programming, Salem Media Group
PD WFSH, Atlanta, GA
678-641-2269
mike.blakemore@salematlanta.com

Source: Salem Media Group, Inc.

Wednesday, February 09, 2022

Beasley Broadcast Group (BBGI)
Solid Quarter; Favorable Revenue Momentum

Beasley Broadcast Group Inc is a radio broadcasting company, engaged in operating radio stations throughout the United States. It operates radio stations including FM and AM radio stations located in large and mid-sized markets in the United States. The company owns and operates radio stations in the following radio markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, West Palm Beach-Boca Raton, FL, and Wilmington, DE. It is also a multi-platform, marketing solutions provider that offers on-air, online, and mobile and social media applications. The main source of revenue is the sale of advertising.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Patrick McCann, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Finishing strong. Fourth quarter 2021 revenues of $70.7 million was 2% above our forecast of $69.3 million. The revenues were better than the company’s guidance and reflected strong local spot revenue, up 14.4%, and national, up 9.2%, excluding Political. Digital revenues were up a strong 47%, accounting for 15% of total revenues, up from 13% in Q3. Adj. EBITDA of $9.4 million for the quarter beat our estimate of $8.7 million.


Nearly recovered.  Q4 revenue was less than 2% below 2019 revenue, representing a nearly full recovery to pre-pandemic levels. One of the key factors that have helped drive revenue recovery has been the emergence of the sports betting advertising category ($4.3 million in the quarter) …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Wednesday, February 09, 2022

Beasley Broadcast Group (BBGI)
Solid Quarter; Favorable Revenue Momentum

Beasley Broadcast Group Inc is a radio broadcasting company, engaged in operating radio stations throughout the United States. It operates radio stations including FM and AM radio stations located in large and mid-sized markets in the United States. The company owns and operates radio stations in the following radio markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, West Palm Beach-Boca Raton, FL, and Wilmington, DE. It is also a multi-platform, marketing solutions provider that offers on-air, online, and mobile and social media applications. The main source of revenue is the sale of advertising.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Patrick McCann, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Finishing strong. Fourth quarter 2021 revenues of $70.7 million was 2% above our forecast of $69.3 million. The revenues were better than the company’s guidance and reflected strong local spot revenue, up 14.4%, and national, up 9.2%, excluding Political. Digital revenues were up a strong 47%, accounting for 15% of total revenues, up from 13% in Q3. Adj. EBITDA of $9.4 million for the quarter beat our estimate of $8.7 million.


Nearly recovered.  Q4 revenue was less than 2% below 2019 revenue, representing a nearly full recovery to pre-pandemic levels. One of the key factors that have helped drive revenue recovery has been the emergence of the sports betting advertising category ($4.3 million in the quarter) …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Salem Podcast Network Launches The Carl Jackson Podcast

Research, News, and Market Data on Salem Media

IRVING, Texas–(BUSINESS WIRE)– Salem Media Group, Inc. (NASDAQ: SALM) announced today the addition of “The Carl Jackson Podcast” to the Salem Podcast Network (“SPN”). SPN launches “The Carl Jackson Podcast” today. New episodes will be released each weekday.

Carl Jackson (Photo: Business Wire)

Previously, Carl has served as a fill-in host for Larry Elder on Elder’s nationally syndicated radio show during Elder’s run for governor in California last summer. Carl has also been regularly heard on AM 950 The Answer WORL-AM in Orlando, Florida.

“Carl Jackson has an amazing story, and every day on this podcast he will be telling it,” said Salem Senior Vice President of Spoken Word, Phil Boyce. “When Larry Elder took his leave of absence to run for California Governor, Carl took over and never missed a beat. He is smart, articulate, and fearless.”

“I’m absolutely humbled and excited to be a part of the team on the Salem Podcast Network,” said Carl Jackson. “This opportunity is proof that the American Dream is alive and well when you work hard. I look forward to reaching a new audience with this podcast that will help me fight to save America as we know it.”

Carl was originally discovered by Salem Radio Network’s own Dennis Prager who inspired Carl on his political journey after reading a book by Larry Elder.

Carl was born and raised in Los Angeles, California by his mother and father until the age of 11 when his mother died unexpectedly of a chronic illness. As a teenager, he struggled and eventually found himself jailed twice with a child he had to fight to raise. By the grace of God, Carl found a better way and developed a greater desire to understand who God is and why it mattered. As he studied America’s history, he discovered that despite America’s flaws, particularly slavery, God used our Founding Fathers to create our Constitution within the context of the Bible and world history. He also discovered the dark history of the Democrat party. This launched Carl on a journey to help people of all races and backgrounds discover the true facts of history and to realize that the benefits of utilizing their God-given gifts and talents far outweigh any benefit from a government subsidy.

The Salem Podcast Network launched in January of 2021 with Charlie Kirk and Dinesh D’Souza. SPN has since added Todd Starnes, Trish Regan, Jenna Ellis, and Doug Collins, in addition to the Salem Radio Network hosts who have daily podcasts on www.SalemPodcastNetwork.com. SPN was ranked the #12 podcast network in America in December by Triton Digital based on average weekly downloads. SPN averages more than 13 million downloads per month.

ABOUT SALEM MEDIA GROUP:

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. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.

Evan D. Masyr
Executive Vice President and Chief Financial Officer
(805) 384-4512
evan@salemmedia.com

Source: Salem Media Group, Inc.

Salem Podcast Network Launches The Carl Jackson Podcast

Research, News, and Market Data on Salem Media

IRVING, Texas–(BUSINESS WIRE)– Salem Media Group, Inc. (NASDAQ: SALM) announced today the addition of “The Carl Jackson Podcast” to the Salem Podcast Network (“SPN”). SPN launches “The Carl Jackson Podcast” today. New episodes will be released each weekday.

Carl Jackson (Photo: Business Wire)

Previously, Carl has served as a fill-in host for Larry Elder on Elder’s nationally syndicated radio show during Elder’s run for governor in California last summer. Carl has also been regularly heard on AM 950 The Answer WORL-AM in Orlando, Florida.

“Carl Jackson has an amazing story, and every day on this podcast he will be telling it,” said Salem Senior Vice President of Spoken Word, Phil Boyce. “When Larry Elder took his leave of absence to run for California Governor, Carl took over and never missed a beat. He is smart, articulate, and fearless.”

“I’m absolutely humbled and excited to be a part of the team on the Salem Podcast Network,” said Carl Jackson. “This opportunity is proof that the American Dream is alive and well when you work hard. I look forward to reaching a new audience with this podcast that will help me fight to save America as we know it.”

Carl was originally discovered by Salem Radio Network’s own Dennis Prager who inspired Carl on his political journey after reading a book by Larry Elder.

Carl was born and raised in Los Angeles, California by his mother and father until the age of 11 when his mother died unexpectedly of a chronic illness. As a teenager, he struggled and eventually found himself jailed twice with a child he had to fight to raise. By the grace of God, Carl found a better way and developed a greater desire to understand who God is and why it mattered. As he studied America’s history, he discovered that despite America’s flaws, particularly slavery, God used our Founding Fathers to create our Constitution within the context of the Bible and world history. He also discovered the dark history of the Democrat party. This launched Carl on a journey to help people of all races and backgrounds discover the true facts of history and to realize that the benefits of utilizing their God-given gifts and talents far outweigh any benefit from a government subsidy.

The Salem Podcast Network launched in January of 2021 with Charlie Kirk and Dinesh D’Souza. SPN has since added Todd Starnes, Trish Regan, Jenna Ellis, and Doug Collins, in addition to the Salem Radio Network hosts who have daily podcasts on www.SalemPodcastNetwork.com. SPN was ranked the #12 podcast network in America in December by Triton Digital based on average weekly downloads. SPN averages more than 13 million downloads per month.

ABOUT SALEM MEDIA GROUP:

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. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.

Evan D. Masyr
Executive Vice President and Chief Financial Officer
(805) 384-4512
evan@salemmedia.com

Source: Salem Media Group, Inc.

Friday, February 04, 2022

Lee Enterprises, Inc. (LEE)
Favorable Digital Momentum; Raising Estimates

Lee Enterprises Inc is a local news publication company in the United States. Its products include daily and Sunday newspapers, weekly newspapers and classified and few other specialty publications. Its products are used as a platform for advertising in mid-size markets. Revenues are generated primarily from retail and classifieds advertising and the remaining from subscriptions to its printed and digital products.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

A strong start. On February 3, 2022, the company reported strong fiscal first quarter end December results with revenues and Adj. EBITDA slightly better than expectations. Revenues were $202 million, above our estimate of $200 million, boosted by strong Digital revenues up 17% from the year earlier quarter. Adj. EBITDA for the quarter was $26.1 million, 10% above our forecast of $23.7 million.


Strong Digital revenues.  Digital advertising and marketing services revenue grew 30% to $43 million, excluding digital political revenue from the prior year. Notably, revenue from Amplified was up 69% to $15 million, beating our estimate of $14 million. The company provided compelling Digital revenue guidance of $230 million for the fiscal full year 2022, above our original estimate of $192 …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Friday, February 04, 2022

Lee Enterprises, Inc. (LEE)
Favorable Digital Momentum; Raising Estimates

Lee Enterprises Inc is a local news publication company in the United States. Its products include daily and Sunday newspapers, weekly newspapers and classified and few other specialty publications. Its products are used as a platform for advertising in mid-size markets. Revenues are generated primarily from retail and classifieds advertising and the remaining from subscriptions to its printed and digital products.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

A strong start. On February 3, 2022, the company reported strong fiscal first quarter end December results with revenues and Adj. EBITDA slightly better than expectations. Revenues were $202 million, above our estimate of $200 million, boosted by strong Digital revenues up 17% from the year earlier quarter. Adj. EBITDA for the quarter was $26.1 million, 10% above our forecast of $23.7 million.


Strong Digital revenues.  Digital advertising and marketing services revenue grew 30% to $43 million, excluding digital political revenue from the prior year. Notably, revenue from Amplified was up 69% to $15 million, beating our estimate of $14 million. The company provided compelling Digital revenue guidance of $230 million for the fiscal full year 2022, above our original estimate of $192 …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Salem News Channel Adds Wilkow

Research, News, and Market Data on Salem Media

IRVING, Texas–(BUSINESS WIRE)– Salem Media Group, Inc. (NASDAQ: SALM) announced that Salem News Channel is adding Andrew Wilkow to its weekday television lineup. The new show named “Wilkow!” will be a combination of breaking news from the day, and what to make of it from the host’s perspective. It will air weekdays from 5-6pm Eastern Time, starting Tuesday, February 15^th.

Andrew Wilkow (Photo: Business Wire)

For the last 7 years, Wilkow has hosted a regular show on The Blaze TV network. He has also hosted the show “Wilkow Majority” for the last 16 years on Sirius XM Satellite Radio, and he will continue his show there.

“I cannot wait to move ‘Wilkow!’ onto the Salem News Channel,” said Wilkow. “The 5pm hour is the starting point of the evening news cycle. Our plan is to give the viewer an hour of live TV that combines perfectly executed political analysis and whatever breaking stories are happening.”

The show will originate out of Salem’s New York City studio in Lower Manhattan and will be the first of many TV only hours being produced by SNC. “This is not going to be a clone program. Starting February 15^th, we are going to bring passion and fire to the 5 pm hour every day,” added Wilkow.

Salem News Channel is a new OTT television network, available on SalemNewsChannel.com, the Apple and Android app of the same name, and on Roku Devices worldwide, and on Apple TV. “Andrew is a perfect fit for SNC and all of the hosts already there,” said Salem Senior VP of Spoken Word Formats Phil Boyce. “Andrew has carved out a name for himself on the Sirius Patriot Channel. His many followers will have a great time watching him on our new TV network.”

Salem News Channel is now home to the video simulcasts of its popular radio shows like Hugh Hewitt, Mike Gallagher, Dennis Prager, Sebastian Gorka, and Larry Elder.

ABOUT SALEM MEDIA GROUP:

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. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.

Evan D. Masyr
Executive Vice President and Chief
Financial Officer
(805) 384-4512
evan@salemmedia.com

Source: Salem Media Group

Salem News Channel Adds Wilkow

Research, News, and Market Data on Salem Media

IRVING, Texas–(BUSINESS WIRE)– Salem Media Group, Inc. (NASDAQ: SALM) announced that Salem News Channel is adding Andrew Wilkow to its weekday television lineup. The new show named “Wilkow!” will be a combination of breaking news from the day, and what to make of it from the host’s perspective. It will air weekdays from 5-6pm Eastern Time, starting Tuesday, February 15^th.

Andrew Wilkow (Photo: Business Wire)

For the last 7 years, Wilkow has hosted a regular show on The Blaze TV network. He has also hosted the show “Wilkow Majority” for the last 16 years on Sirius XM Satellite Radio, and he will continue his show there.

“I cannot wait to move ‘Wilkow!’ onto the Salem News Channel,” said Wilkow. “The 5pm hour is the starting point of the evening news cycle. Our plan is to give the viewer an hour of live TV that combines perfectly executed political analysis and whatever breaking stories are happening.”

The show will originate out of Salem’s New York City studio in Lower Manhattan and will be the first of many TV only hours being produced by SNC. “This is not going to be a clone program. Starting February 15^th, we are going to bring passion and fire to the 5 pm hour every day,” added Wilkow.

Salem News Channel is a new OTT television network, available on SalemNewsChannel.com, the Apple and Android app of the same name, and on Roku Devices worldwide, and on Apple TV. “Andrew is a perfect fit for SNC and all of the hosts already there,” said Salem Senior VP of Spoken Word Formats Phil Boyce. “Andrew has carved out a name for himself on the Sirius Patriot Channel. His many followers will have a great time watching him on our new TV network.”

Salem News Channel is now home to the video simulcasts of its popular radio shows like Hugh Hewitt, Mike Gallagher, Dennis Prager, Sebastian Gorka, and Larry Elder.

ABOUT SALEM MEDIA GROUP:

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. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.

Evan D. Masyr
Executive Vice President and Chief
Financial Officer
(805) 384-4512
evan@salemmedia.com

Source: Salem Media Group

Tuesday, January 25, 2022

Beasley Broadcast Group (BBGI)
Building A Digital Agency With A Hyper Local Strategy

Beasley Broadcast Group Inc is a radio broadcasting company, engaged in operating radio stations throughout the United States. It operates radio stations including FM and AM radio stations located in large and mid-sized markets in the United States. The company owns and operates radio stations in the following radio markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, West Palm Beach-Boca Raton, FL, and Wilmington, DE. It is also a multi-platform, marketing solutions provider that offers on-air, online, and mobile and social media applications. The main source of revenue is the sale of advertising.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Patrick McCann, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Initiating coverage. We are initiating coverage on the shares of Beasley Media Group (BBGI). We believe that Beasley should benefit from an advertising recovery in 2022 and from the influx of Political advertising. More importantly, the company plans to invest in the growth of its Digital businesses, which should accelerate revenue growth and drive long-term margin expansion.


Revenue rebound expected.  Revenues in 2022 should benefit from an advertising recovery, influx of Political advertising, improved Auto advertising following chain supply issues in 2021, strong Digital revenues, and improving trends in its esports segment. We conservatively estimate that the company will not completely recover core Radio revenues to 2019 levels, which offers revenue upside …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Salem Media Group Names its 2021 Culture Warrior of the Year Honoree

Research, News, and Market Data on Salem Media

IRVING, Texas–(BUSINESS WIRE)– Salem Media Group, Inc. (NASDAQ: SALM) announced today its winner of the 2021 Salem Culture Warrior of the Year award. Florida Governor Ron DeSantis was chosen, among the six finalists. DeSantis received 52% of the vote, from the Salem listeners who voted. Originally, Salem listeners were given the chance to nominate anyone who fits the category.

 Ron DeSantis (Photo: Business Wire)

“Governor DeSantis is well deserving of this honor, and it proves how strong he is in Florida, but also across the country,” said Salem Senior Vice President of Spoken Word, Phil Boyce. “Last year this award was given to Candace Owens, so both honorees are well deserving of the respect and admiration of the Salem audience across the country.”

Salem has grown to become a giant in conservative media, with listeners to 100+ radio stations, in addition to the Salem Radio Network, the Salem News Channel, and the Salem Podcast Network. Listeners and viewers were given a chance to nominate individuals who embodied the spirit of a culture warrior, fighting the good fight to save America.

ABOUT SALEM MEDIA GROUP:

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. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.

Evan D. Masyr
Executive Vice President and Chief Financial Officer
(805) 384-4512
evan@salemmedia.com

Source: Salem Media Group