Salem Communications acquires Eagle Publishing |
Written by Christine D. Johnson |
Monday, 13 January 2014 03:33 PM America/New_York |
Salem Communications Corp. today announced the acquisition of the assets of Eagle Publishing, including Regnery Publishing, HumanEvents.com and Redstate.com, as well as sister companies Eagle Financial Publications and Eagle Wellness. The acquisition allows Salem to strengthen and deepen its presence in the conservative market. "Eagle is one of the most influential companies in the conservative media space," said Edward G. Atsinger III, president and CEO of Salem. "Its addition to Salem brings together a unique portfolio of conservative media properties and fits with our strategy of integrating traditional media and new media assets all serving the same target audience. The opportunity we like most about this acquisition is that each of Eagle's businesses matches up so well with Salem's extensive media platform. With 102 radio stations and a dozen major national websites all targeting the conservative community, this provides a perfect marketing platform to promote Eagle's products to a wider audience." "It is hard to believe more than 20 years have passed since I started Eagle Publishing," said Tom Phillips, owner and chairman of Eagle Publishing. "Our dedicated employees can be proud they built Eagle Publishing into a company that has helped shape American public discourse through hard-hitting news, dozens of best-selling books, popular political websites, profitable investment advice and leading-edge health solutions." Salem's syndicated programming, radio stations and websites reach millions of listeners and readers across the country, while Regnery Publishing, RedState.com and Human Events provide conservative content to millions online and in print. Salem is known in the Christian market as the owner of self-publisher Xulon Press and several magazines, including Homecoming, The Singing News and Preaching. Salem also owns such sites as Crosswalk.com, Christianity.com and GodTube.com. Regnery has published best-selling books by leading authors, including Ann Coulter, Newt Gingrich, David Limbaugh and Dinesh D'Souza. |