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Story summary
- Salem Media Group reported $212.7 million in revenue for 2025, a 10.5% decline from 2024, resulting in a net loss of $34.6 million.
- The losses stemmed from asset sales, increased impairment charges, and declining broadcast advertising.
- In the fourth quarter, the company experienced a loss of $7.6 million on revenue of $55.5 million.
- Despite these challenges, Salem gained $11.1 million from selling seven radio stations.
- The company has engaged in business deals with family members of former President Donald Trump, including a stake in Donald Trump Jr.'s news app.
