Salem Media to Go Private After Acquisition by WaterStone
Salem Media announces that it is entering into a definitive agreement to be acquired by The Christian Community Foundation, Inc., d/b/a WaterStone in a transaction that will take the company private. WaterStone will acquire all outstanding shares of Salem Media common stock for $1.00 per share, representing approximately a 250% premium over Salem’s recent trading price. Salem says that the consummation of
this deal will “strengthen Salem’s longterm mission across radio, digital media, streaming, podcasting, television, and publishing.” Company co-founder and board member Edward Atsinger III says, “For the last 10 years the Atsinger and Epperson families have been looking for a successor that would continue to carry the torch of delivering quality Christian and conservative media into the next generation and beyond. When we met with WaterStone some 24 months ago we believed it was a divine appointment. WaterStone is deeply aligned with the vision we had when our families founded this company.” Richard von Gnechten is chairman of Salem Media’s board of directors and president of WaterStone. He comments, “This is about building on what makes Salem unique. Salem has spent decades earning the trust of listeners, ministries, advertisers, and audiences by staying true to its mission. WaterStone believes deeply in that mission and in the people behind it. This partnership gives Salem additional strength and longterm stability while creating new opportunities to expand its reach for the future – which is why we are making this investment.” This deal is expected to close in August, subject to shareholder and regulatory approvals.

morning program on Cumulus Media’s WMAL-FM, Washington, DC. O’Connor also serves as editor of Salem’s Townhall.com. Salem says, “By aligning O’Connor’s leadership role at Townhall.com with his national radio and television presence – and his growing digital footprint – Salem is further strengthening its integrated, cross-platform content strategy. This move positions O’Connor at the forefront of conservative political discourse while reinforcing Salem Media’s role as a leading destination for news, commentary, and influential voices.” Salem SVP of content Phil Boyce adds, “Larry is the go-to media voice for the people shaping policy in our nation’s capital. He’s built a show insiders rely on and an audience that cares deeply about the direction of the country. We’re proud to
expand that success across our national lineup, leading the conversation every morning across America.” O’Connor says, “We’re excited to bring ‘O’Connor & Company’ to a broader national audience while maintaining the strong foundation and audience connection the show has built in Washington. At the same time, we’re building the future of media across radio, streaming, and digital platforms with Townhall and the Salem News Channel. Salem’s integrated vision aligns perfectly with my work across platforms, including my daily streaming show “LARRY,” and makes this an incredibly exciting next chapter. I’m also thrilled that my longtime collaborator and executive producer Heather Hunter will continue with the program as we expand nationwide.”
directly within Roku’s Live TV guide, allowing viewers to discover as they browse and begin watching instantly. Salem News Channel VP and general manager Cary Pahigian says, “This is a significant expansion of Salem News Channel’s reach, which already increased viewership by over 178% this year. Being part of The Roku Channel opens the door for entirely new audiences to discover the unique news and opinion that SNC provides.” This news comes two weeks after Salem announced Salem News Channel is joining Amazon Prime Video’s free, ad-supported TV (FAST) channel.
Salem Media is adding “That KEVIN Show” starring Kevin McCullough to three of its owed-and-operated stations. A combination of the Monday-Friday show and the live Saturday edition are joining the program schedule at KDXE, Little Rock; KSLR, San Antonio; and KNTH, Houston. The program is now heard on 419 affiliate stations.
all departments who are eager to succeed and chase new opportunities in both terrestrial radio – local and national – and our booming digital business. Between AM 970 with legendary morning man Joe Piscopo, WMCA-NY’s Premier Christian Talk, Salem Radio Network with key hosts like Mike Gallagher and Scott Jennings, Salem Podcast Network, Salem News Channel, Salem Influencer Network, Salem Surround, and more! We have an exciting impactful platform at a flourishing company! Come join us! Email your resume and interest to general manager, Laura Sheaffer
in Los Angeles Superior Court, he says he “still had some feeling and ability to move his toes” but was “otherwise unable to move his limbs and/or breathe on his own” when he was admitted to Cedars-Sinai. Prager accuses the staff at Cedar Sinai of failing to routinely turn him over and as a result he developed stage four pressure ulcers. The suit charges that the other two facilities “failed to take steps to adequately treat the pressure wounds. He claims his wife Susan begged Rancho Los Amigos staff to perform ostomy surgery so that Prager would not be in constant danger of sepsis, but Rancho Los Amigos refused.” The suit adds, “Thus, Prager did not heal, and he continued to be exposed on a daily basis to fecal bacteria pouring into his very deep open wounds.” The suit says his medical costs have exceeded $5 million over the last 13 months, a bill that “continues to grow at a staggering pace with each and every day.”
audience looking for real-time news and opinion.” Salem News VP and general manager Cary Pahigian adds, “Expanding Salem News Channel onto Prime Video allows us to bring our programming to one of the largest streaming audiences in the world. As more viewers shift to streaming platforms for news and commentary, we are focused on ensuring Salem’s voices and perspectives are available wherever audiences are watching.”
Stuart Epperson Award for Excellence in Christian Media to Dr. David Jeremiah, senior pastor of Shadow Mountain Community Church and founder of Turning Point Ministries. The award, established in 2024, honors the legacy of Salem co-founder and longtime chairman Stuart Epperson, who passed away in July 2023. Epperson co-founded Salem in 1974 with his brother-in-law Edward G. Atsinger III, building what would become a leading Christian and conservative media company.
Church and founder of Turning Point Ministries. Salem CEO David Santrella says, “The Salem Summit Breakfast has become a cornerstone moment at NRB for connection on our shared mission. To see this gathering grow from 100 people to more than 500 is a testament to the hunger leaders have for fellowship and practical wisdom as they navigate a rapidly changing media landscape.”
more than two decades of proven media and advertising leadership, along with deep-rooted relationships throughout the Pittsburgh business community. Salem president of broadcast media Allen Power says, “We are excited to combine Jason’s leadership track record at Salem with Dave’s deep market knowledge of Pittsburgh. They are focused on growing our sales team in the market with a commitment to providing outcome-based solutions for advertisers.” Mosher is based in Salem Media’s Atlanta office. He has been with Salem Media for six years and was recently promoted from regional sales director where he led sales efforts for Pittsburgh, Atlanta and Cleveland.
has become a valued partner for me in his years with Salem. He has led with trust, affirmation, and high standards – a leadership style worth emulating.” In the wake of Carolin’s retirement, Jason Mosher is promoted from regional director of sales to regional general manager, overseeing the Atlanta and Pittsburgh markets. Also, Mike Murphy is promoted to regional general manager, adding Cleveland to his existing oversight of the Twin Cities market. Power says, “These moves ensure strong continuity of leadership while positioning Salem for continued growth in these key markets. We’re extremely proud of Jason and Mike for their well-earned promotions, and we extend our deepest appreciation to Val for his decades of service and the impact he’s had across our company.”
station general manager John Gallagher states. Bringing Amy Jacobson back to the station fills a huge void for our audience. She has been relentless in her quest for the truth, and she gets answers that our listeners need to hear. Jeanne Ives (right) is one of the most politically connected people in the state of Illinois. She brings a wealth of knowledge regarding so many issues that affect everyone within our listening area. I am looking forward to the in-depth conversation and new perspective this team will offer.” Ives says, “I am thankful and excited to be a part of the Salem family. Information is power and Amy and I want to bring the ‘Real Story’ on policy along with informed commentary from years of experience knowing the players and politicians to our listeners. We want listeners to be informed, so they can hold the politicians accountable.” Amy Jacobson adds, “I am thrilled to be returning home to ‘AM 560 The Answer.’ Jeanne and I will be part of the strongest conservative lineup in Chicago radio! As many of you know, life takes some unexpected turns, but when you love what you do, the signal always finds its way back.”
manager John Gallagher says, “The combination of Dan Proft’s intellect and his exceptional interviewing skills is why he’s the best morning radio host in Chicago. His knowledge of the issues that affect the people of Illinois is unmatched. This contract extension solidifies the Chicago Morning Answer brand and the top conservative talk radio line-up in the nation.” Proft comments, “I’m excited to extend my run on Chicago’s Morning Answer, and I am honored to be trusted with such an important platform during these turbulent times. Nothing short of the future of the United States and Western civilization, by extension, is on the line, and I’m humbled to be able to lend my voice to the fight. I want to thank AM 560’s management, along with our loyal, intelligent listeners and our accomplished and thoughtful guests, for their ongoing support.”
WNYM in 2014. Salem Media New York general manager Laura Sheaffer says, “Joe Piscopo remains one of the most dynamic talents in New York radio. His authenticity and connection with our listeners are extraordinary and extending his presence on ‘AM 970 The Answer’ was an easy decision. Joe continues to raise the bar every single morning.” Piscopo comments, “Our audience relies on us for honesty, respect, and straight talk about the issues that matter, and that trust means the world to me. And let’s be honest – only in New York do you wake up at 3:00 am and call it show business! I’m honored, grateful, and excited to keep sharing these mornings with such an amazing audience.”
(distributed by Premiere Networks) which runs two hours per day, five days per week on stations across the nation, is one of the most innovative and well-received syndicated talk radio shows (as well as podcasts) to come down the pike in many years. It is described by Habeeb as follows: “There’s no debate or opinion. No
politics. No news. Just stories that bring people together around common values, themes, and the founding principles and ideals of our nation. Stories that create a space for listeners to escape the news and noise of the day and be moved and informed. To listen and learn.” Habeeb’s talk show credentials are formidable. He co-founded Laura Ingraham’s national radio show in 2001, moved to Salem Media in 2008 as VP of content, and launched “Our American Stories” in 2016. He’s a University of Virginia Law School graduate, a Newsweek essayist, and lives in Oxford, Mississippi with his wife Valerie and daughter Reagan. He is currently ranked #11 on the TALKERS “Heavy Hundred” list of the 100 Most Important Radio Talk Show Hosts in America. Harrison and Habeeb engage in an illuminating conversation about the importance of history and the power of storytelling. Don’t miss this!
iHeartMedia is NBCU’s exclusive audio partner for the 2024 Summer Olympics, which kick off this week. In addition to listening to events on iHeartMedia broadcast radio stations, fans can tune-in to events through dedicated 24-7 digital stations – which include – NBC Olympics Radio Plus and NBC Olympics Radio – on the iHeart app. Among big events tomorrow (Saturday, 7/27) are: men’s/women’s swimming (NBC Olympics Radio Plus); men’s/women’s swimming finals (NBC Olympics Radio); women’s beach volleyball – USA versus Canada (NBC Olympics Radio); and men’s soccer – USA versus New Zealand (NBC Olympics Radio Plus). On Sunday (7/28), it’s men’s/women’s swimming finals (NBC Olympics Radio); women’s soccer – USA versus Germany (NBC Olympics Radio Plus); and men’s basketball – USA versus Serbia (NBC Olympics Radio).
Neer – a past PD and air personality at WNEW-FM – still serves as a weekend host on WFAN where he’s been a market staple for decades in addition to being an accomplished author of a series of “Riley King” murder mysteries as well as the historic evergreen FM: The Rise and Fall of Rock Radio (Villard Books, 2001). Chernoff still keeps his hand in both formats where he serves as a sports reporter and part-time DJ at Press Communications’ classic rock “107.1 The Boss” WWZY, Monmouth, NJ.
that includes AM 570 WMCA and AM 970 The Answer. Radio broadcasting background is preferred – especially applicants with an already existing book of business and contacts – but not entirely necessary for the right candidate. Interviewing now!