{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-064341","form_type":"8-K","ticker":"SALM","cik":"0001050606","company_name":"SALEM MEDIA GROUP, INC. /DE/","filed_at":"2022-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.265228+00:00","generated_at":"2026-06-27T01:50:27.339752+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.68,"calibrated_materiality_score":0.68,"confidence":"high","headline":"Salem Media Q4 revenue $69.1M (+7.2% YoY); diluted EPS $0.61 vs $0.12","bullets":["Net income of $16.8M ($0.61 diluted EPS) includes $13M net gain on asset sales (land in Tampa).","Adjusted EBITDA up 9.3% to $10.8M; total operating expenses down 16.2% to $48.7M.","Broadcast net revenue $51.0M (+6.1%); Publishing revenue $6.5M (+27.1%); Digital Media $11.6M (+2.9%).","Company repurchased $38.6M of 6.75% senior secured notes due 2024 for $39.3M cash; $114.7M outstanding in new 2028 Notes.","Post-Q4: Acquired WLCC-AM in Brandon, FL for $600K; sold Phoenix land for $2.0M; pending Denver land sale for $8.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-064341","json":"https://secwatch.observer/filing/0001193125-22-064341.json","markdown":"https://secwatch.observer/filing/0001193125-22-064341.md","text":"https://secwatch.observer/filing/0001193125-22-064341.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050606/000119312522064341/0001193125-22-064341-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050606/000119312522064341/d262051d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T01:50:27.339752+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}