Skyhorse Publishing, Inc. completed the acquisition Regnery Publishing, Inc from Salem Media Group, Inc..
December 27, 2023
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Skyhorse Publishing, Inc. entered into an agreement to acquire Regnery Publishing, Inc from Salem Media Group, Inc. (NasdaqGM:SALM) on December 21, 2023. The sale of Regnery is part of a Salem divestiture program aimed at lowering its debt. The company expects to close the transaction by the end of the year, 2023.
Skyhorse Publishing, Inc. completed the acquisition Regnery Publishing, Inc from Salem Media Group, Inc. (NasdaqGM:SALM) on December 28, 2023.
Salem Media Group, Inc. is a domestic multimedia company specializing in Christian and conservative content, with media properties comprising radio broadcasting, digital media, and publishing. Its segments include Broadcast, Digital Media and Publishing. The Broadcast segment is engaged in the business of radio broadcasting, which includes the ownership and operation of radio stations in metropolitan markets. The Digital Media segment provides Christian, conservative, investing content, audio and video streaming, and other resources digitally through the Web. It operates two businesses in its book publishing segment: Regnery Publishing and Salem Author Services. Regnery Publishing is a traditional book publisher. The books are sold in traditional printed form and as eBooks, such as Regnery Political, Regnery History, Regnery Kids, Gateway Editions and Salem Books. Salem Author Services is a self-publishing service for authors through two imprints: Xulon Press and Mill City Press.