Salem Media Group, Inc. (NASDAQ: SALM; formerly Salem Communications Corporation) is an American radio broadcaster, internet content provider, and magazine and book publisher formerly based in Irving, Texas, targeting audiences interested in Christian values and what it describes as "family-themed content and conservative values." Salem Media Group owns 117 radio stations in 38 markets, including 60 stations in the top 25 markets and 29 in the top 10, making it tied with Audacy for the fifth-largest radio broadcaster. In addition to its radio properties, the company owns: Salem Radio Network, which syndicates talk, news and music programming to approximately 2,400 affiliates. Salem Media Representatives, a radio advertising company. Salem Web Network, an Internet provider of Christian content and online streaming with over 100 Christian content and conservative opinion websites. Salem Publishing, a publisher of Christian themed magazines. Conservative websites Townhall.com, RedState, Hot Air, and PJ Media, as well as Twitter aggregator Twitchy. The company was founded by brothers-in-law Stuart Epperson and Edward G. Atsinger III and is a for-profit corporation. This allows it to buy stations in the commercial radio band which are often higher-powered than those of the FM non-commercial band, and to accept commercial advertising. History In 1974, Atsinger (chief executive officer] and Epperson (chairman of the board) combined their radio assets to create Salem Communications. Beginning with stations in North Carolina and California, Atsinger and Epperson purchased station properties in Boston, San Antonio, New York, San Francisco, Portland, Los Angeles and other markets, converting them to Christian talk stations. In the late 1980s and early 1990s, they expanded formats to include contemporary Christian music (with most stations under this format branded as "The Fish"), news talk (branded as "The Answer"), Spanish-language Christian content, and business programming. Many of Salem's stations are licensed to subsidiaries, organized by geographical area and media cluster as the company has acquired new stations and their previous licensees. Salem Communications Corp acquired Twitter curation site, Twitchy.com. In January 2014, the Company announced the acquisition of the assets of Eagle Publishing, including Regnery Publishing, Human Events, and RedState, as well as sister companies Eagle Financial Publications and Eagle Wellness. On February 23, 2015, Salem Communications changed its name to Salem Media Group. In 2015, Salem Media Group expanded their digital platform with acquisitions of several businesses and assets, including DividendYieldHunter.com, Stockinvestor.com; DividendInvestor.com, a Spanish Bible mobile app, along with its related website and Facebook