Like so many others lately, Salem Communications - or, as we sg provincials like to think of it, the Singing News mothership - has taken a beating in the stock market. In the past year,
Among them: the president/COO and Jim Cumbee, the company’s president of non-broadcast media are both gone. Cumbee, of course, is an old hand in sg from way back – among other things, he
started was involved in Solid Gospel radio (before selling it was sold to Salem)*, and had a stake in the NQC for years. At
Salem is a vastly diversified company (for instance: it’s home to right-wing yakkers Hugh Hewitt and Michael Medved), and I don’t know what, if anything, this means for the Solid Gospel network. As far as the SN is concerned, there’s no sign so far of any fallout in Boone yet, though the SN had a huge asset and ally in Cumbee that I can’t imagine they’ll have to the same extent in his replacement, whomever that is or turns out to be.
*The original company from which Solid Gospel emerged was initially called Reach Satellite Network and operated out of the Sonlite studios in Nashville. Chris White and Maurice Templeton were principals. Cumbee, as several of you have reminded me, came in later in the process and was involved in the sale of Solid Gospel to Salem, which included his joining the Salem team.Email this Post