Salem Communications Buys HotAir.com
Colby Hall has the scoop:
“„Mediaite has learned that leading center-right web site Hot Air has been acquired by Salem Communications for an undisclosed sum. Sources close to the deal claim that Michelle Malkin, the conservative pundit and sole owner of Hot Air, has been in talks with Salem for some time, but the announcement was timed to coincide with the Conservative Political Action Conference, which opens tomorrow in Washington D.C.
Salem, which operates Townhall.com, actually gets around 90 percent of its revenue from talk radio, which is mostly Christian radio and political hosts, including: Bill Bennett, Michael Medved, and Hugh Hewitt.
