Salem Media Group Announces the Sale of Regnery Publishing
December 26 2023 - 12:56PM
Business Wire
Salem Media Group, Inc. (NASDAQ: SALM) announced today that it
has reached an agreement with Skyhorse Publishing to sell Regnery
Publishing. The company expects to close the transaction by the end
of the year.
David Evans, Chief Operating Officer of Salem Media, said, “We
are thrilled to pass the torch of the oldest and most respected
conservative publishing company in America to Free Speech advocate
Tony Lyons and his incredibly successful Skyhorse Publishing. Salem
is committed to the dissemination of conservative ideas and is
excited that Skyhorse will both be a powerful steward of this
important brand and an engine for its future growth.”
Tony Lyons, President and Publisher of Skyhorse Publishing,
added, “We are so pleased to acquire this legendary publishing
company, founded over 75 years ago, and are committed to building
on the strong foundation that the Regnery staff has developed. We
see a lot of synergies and opportunities for growth and will work
hard to promote, market, and sell the books we have acquired and
those that are pending, as well as to develop and pursue exciting
new projects. Regnery will be an imprint of Skyhorse Publishing and
will maintain its own identity.”
The more than 1,500 Regnery titles will be absorbed into the
Skyhorse Publishing catalogue. The former Washington D.C. based
publishing house was founded in 1947 by Henry Regnery and acquired
an impressive list of authors over its 75 years, including former
President Donald Trump, Senator Rand Paul, Senator Ted Cruz,
Senator Mitt Romney, Tulsi Gabbard, Eric Metaxas, former President
Ronald Regan, and Ann Coulter.
ABOUT SKYHORSE PUBLISHING:
Skyhorse Publishing, one of the largest independent book
publishers in the United States, was launched in September 2006 by
Tony Lyons, former president and publisher of the Lyons Press. The
company has had fifty-seven New York Times bestsellers and
currently has over 10,000 titles in print.
Skyhorse maintains a firm stance against censorship and aims to
provide a full spectrum of political, theological, cultural, and
philosophical viewpoints to counter the increasingly biased
environment in mainstream media.
Through its twenty imprints, Skyhorse publishes an eclectic and
maverick list of titles. Its imprints — Allworth Press, Arcade
Crime Wise, Arcade Publishing, Carrel Books, Children's Health
Defense, Clydesdale Press, Front Page Detectives, Good Books,
Helios Press, Hot Books, Night Shade Books, Not For Tourists,
Racehorse For Young Readers, Racehorse Publishing, Sky Pony Press,
Sports Publishing, Talos Press, Yucca Publishing, Skyhorse
Publishing, and World Almanac — cover everything from nature,
sports, country living, history, reference, travel, humor, health,
art, business, philosophy, religion, current events, politics,
investigative and conspiracy, to fiction, literary nonfiction,
science fiction, fantasy, and young adult and children’s
literature. Its backlist includes more than ten thousand titles.
Skyhorse is distributed by Simon & Schuster in the U.S. and
abroad.
ABOUT SALEM MEDIA GROUP:
Salem Media Group is America’s leading multimedia company
specializing in Christian and conservative content, with media
properties comprising radio, digital media and book and newsletter
publishing. Each day Salem serves a loyal and dedicated audience of
listeners and readers numbering in the millions nationally. With
its unique programming focus, Salem provides compelling content,
fresh commentary and relevant information from some of the most
respected figures across the Christian and conservative media
landscape. Learn more about Salem Media Group, Inc. at
www.salemmedia.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231222615634/en/
Evan D. Masyr Executive Vice President and Chief Financial
Officer (805) 384-4512 evan@salemmedia.com
Salem Media (NASDAQ:SALM)
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