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Trumps invest in Salem Media Group
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(BusinessWire) Salem Media Group, Inc. announced a multi-dimensional deal that not only adds two of the most influential voices in American media, Donald Trump Jr. and Lara Trump, but launches the company into an entirely new era of scale, relevance, and cultural power. Donald Trump Jr. and Lara Trump aren’t just becoming business partners with Salem, they now also have significant ownership stakes in the company with a major incentive to grow shareholder value which in turn will drive the stock price. It’s definitely an exciting time to be a Salem shareholder. (Sara Broadwater-Salem)
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Jason Remington(((Admin/Editor | Airchecks | CONTACT))) KTOY (WA) | KVAC (WA) | KDFL (WA) | KONP (WA) | KBAM (WA) | KJUN (WA) | KRPM (WA) | KAMT (WA) | KASY (WA) | KBRD (WA) | KTAC (WA) | KMTT (WA) | KOOL (AZ)
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The deal grants Salem a 30% equity stake in MxM News while also placing both Trumps in key roles as stakeholders and content creators across Salem's digital, podcast, and broadcast ecosystem.