(Business Wire) Salem Media Group, Inc. (OTCQX: SALM), fresh off eliminating all corporate long-term debt and growing the #1 conservative news show in America, is making its boldest move yet. Today, Salem announces a historic, 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.
This strategic transformation cements Salem’s emergence as the upcoming platform for conservative content across broadcast, podcasting, digital, and on-demand streaming, a full-spectrum media ecosystem built for today’s America.
Pursuant to the deal, Salem acquired a 30% stake in MxM News, a mobile news aggregation app co-owned by Mr. Trump Jr., and entered into a long-term services agreement under which Mr. Trump Jr. and Salem will work together to develop a series of high-impact promotional and growth initiatives. With this historic deal, Mr. Trump Jr. becomes a key stakeholder of Salem and a strategic force behind its future.
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