Form 8k-Guidance


UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 WASHINGTON, D.C. 20549



FORM 8-K


CURRENT REPORT

 PURSUANT TO SECTION 13 OR 15(D) OF THE

 SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported): June 8, 2006


SALEM COMMUNICATIONS CORPORATION

 (Exact Name of Registrant as Specified in its Charter)


[form8kguidance001.jpg]

 

 

 

 

 

Delaware

 

000-26497

 

77-0121400

(State or Other Jurisdiction

 

(Commission

 

(IRS Employer

of Incorporation)

 

File Number)

 

Identification No.)


 

 

 

4880 Santa Rosa Road, Camarillo, California

 

93012

(Address of Principal Executive Offices)

 

(Zip Code)



Registrant’s telephone number, including area code: (805) 987-0400


Not Applicable

 (Former Name or Former Address, if Changed Since Last Report)


        Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


      [   ]Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


      [   ]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


      [   ]Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))



      [   ]Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




TABLE OF CONTENTS


ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 7.01 REGULATION FD DISCLOSURE

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

EXHIBITS

SIGNATURE

EXHIBIT INDEX

Exhibit 99.1





















 ITEM 2.02     RESULTS OF OPERATIONS AND FINANCIAL CONDITION


On June 8, 2006 Salem Communications Corporation issued a press release announcing its participation at Deutsche Bank’s 14th Annual Media & Telecommunications Conference being held Tuesday, June 13, and Wednesday, June 14, in Santa Monica at The Fairmont Miramar Hotel.  Additionally, the company confirmed its net broadcasting revenue guidance, previously provided on May 8, 2006, for the fiscal quarter ending June 30, 2006.



 ITEM 7.01     REGULATION FD DISCLOSURE


On June 8, 2006 Salem Communications Corporation issued a press release announcing its participation at Deutsche Bank’s 14th Annual Media & Telecommunications Conference being held Tuesday, June 13, and Wednesday, June 14, in Santa Monica at The Fairmont Miramar Hotel.  Additionally, the company confirmed its net broadcasting revenue guidance, previously provided on May 8, 2006, for the fiscal quarter ending June 30, 2006.



 ITEM 9.01     FINANCIAL STATEMENTS AND EXHIBITS


 (c)     Exhibits. The following exhibit is furnished with this report on Form 8-K:

 

 

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press release, dated June 8, 2006, of Salem Communications Corporation announcing its participation at Deutsche Bank’s 14th Annual Media & Telecommunications Conference and confirming net broadcasting revenue guidance for the fiscal quarter ending June 30, 2006.





















 SIGNATURE


      Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 

 

 

 

 

SALEM COMMUNICATIONS CORPORATION

 

 




 


Date: June 8, 2006

 

By: /s/ EVAN D. MASYR

 

 

Evan D. Masyr

 

 

Vice President – Accounting and Finance




























 EXHIBIT INDEX

 

 

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press release, dated June 8, 2006, of Salem Communications Corporation announcing its participation at Deutsche Bank’s 14th Annual Media & Telecommunications Conference and confirming net broadcasting revenue guidance for the fiscal quarter ending June 30, 2006.























Exhibit 99.1

Salem Communications Confirms Second Quarter 2006 Revenue Guidance;

Company to Present at Deutsche Bank Conference in Santa Monica, CA


CAMARILLO, Calif. --June 8, 2006--Salem Communications Corporation (NASDAQ:SALM), a leading U.S. radio broadcaster, Internet content provider and magazine publisher targeting audiences interested in Christian and family-themed content and conservative values, today confirmed its second quarter 2006 guidance, previously provided on May 8, 2006, for net broadcasting revenue to be between $54.2 million and $54.7 million.


In addition, the company announced that David A.R. Evans, Executive Vice President - Business Development and Chief Financial Officer, is scheduled to present at Deutsche Bank’s 14th Annual Media & Telecommunications Conference being held Tuesday, June 13, and Wednesday, June 14, in Santa Monica at The Fairmont Miramar Hotel. Salem is scheduled to present on Tuesday, June 13 at 9:10 a.m. PST. The presentation will be webcast live on the investor relations’ part of the company’s website, www.salem.cc.


In addition to its radio properties, Salem Communications owns Salem Radio Network®, which syndicates talk, news and music programming to approximately 2,000 affiliates; Salem Radio Representatives™, a national radio advertising sales force; Salem Web Network™, an Internet provider of Christian content and online streaming; and Salem Publishing™, a publisher of Christian-themed magazines. Upon the close of all announced transactions, the company will own 104 radio stations, including 66 stations in 24 of the top 25 markets. Additional information about Salem may be accessed at the company's website, www.salem.cc.


Forward-Looking Statements

Statements used in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those anticipated as a result of certain risks and uncertainties, including but not limited to the ability of Salem to close and integrate announced transactions, market acceptance of Salem's radio station formats, competition from new technologies, adverse economic conditions, and other risks and uncertainties detailed from time to time in Salem's reports on Forms 10-K, 10-Q, 8-K and other filings filed with or furnished to the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Salem undertakes no obligation to update or revise any forward-looking statements to reflect new information, changed circumstances or unanticipated events.


CONTACT: Salem Communications Corporation
Denise Davis, 805-987-0400 ext. 1081
Denised@salem.cc