Salem’s Q1 net broadcast revenue increased 0.5% to $48.1 million (from $47.8 million). Same-station revenue increased 0.4% to $47.3 million from $47.1 million. Salem owns 118 radio stations and a network. Political revenue in the quarter increased by $600,000 and Salem’s strongest categories, in addition to political, were movie promotion and jewelry. Salem’s Q2 revenue is also pacing flat.
