SEA WALKER MEDIA CORPORATION announced today that they have entered into an asset purchase agreement, pursuant to which SEA WALKER MEDIA CORPORATION will acquire the assets of Singing News Magazine and the Singing News Radio Network from parent company, Salem Media Group.
The Singing News Magazine and Singing News Radio Network
brand and its loyal customer following will contribute greatly to SEA WALKER
MEDIA CORPORATION and its strategy for growth of the Gospel Music industry.
Founded in 1969, Singing News is the best-known and most-recognized iconic
brand in Southern Gospel Music.
“This meaningful acquisition of Singing News Magazine and
Radio Network aligns with our strategy to accelerate significant growth and
expansion of Gospel Music as a whole,” said Ray Flynn, President of SEA WALKER
MEDIA CORPORATION. Singing News is a
great addition to SEA WALK MEDIA CORPORATION, and we look forward to the
synergies we will create between our other brands. With SEA WALKER MEDIA
CORPORATION’S recent acquisition of the widely recognized ‘The Gospel Greats®’
syndicated radio program which is heard on hundreds of radio stations across
America, Canada and Enlighten on SiriusXM, it continues to establish new,
exciting opportunities in the Gospel Music world.”
Scott Godsey, CEO of
SEA WALKER MEDIA Says, “We are honored to have been entrusted with these brands
that have made a huge impact in my life. I believe that we are promoting the
best music in the world. We plan on
building on the legacy of these platforms and deliver high quality content for
generations to come.”
Singing News is known
as “The Voice of Southern Gospel Music” and is recognized as the official
national chart for all Southern Gospel Music artists. Singing News Radio has
programs heard on over 600 radio stations nationally, and enjoys extremely high
listenership on the Singing News Radio App.
ABOUT SEA WALKER
MEDIA CORPORATION: