Salem Buys Mike Turner's Financial Services, Website

Buyer

SALEM MEDIA GROUP has acquired investment advisor MIKE TURNER's SIGNAL INVESTOR, QUICK HIT TRADER, and TURNERTRENDS TOOLS and the website TurnerTrends.com for an undisclosed price.  The acquisitions will be added to SALEM's EAGLE FINANCIAL PUBLICATIONS portfolio, which already includes investment advice products from MARK SKOUSEN, DOUG FABIAN, NICHOLAS VARDY, BOB CARLSON, and BRYAN PERRY and the websites StockInvestor.com, DividendInvestor.com, and DividendYieldHunter.com.

EAGLE VP/Publisher ROGER MICHALSKI said, "I am thrilled to add MIKE TURNER and his services to our mix of products.  MIKE's TURNERTRENDS TOOLS is an amazing product that uses 2.8 million lines of proprietary software code to rank more than 6,000 stocks and ETFs.  I've never seen a more powerful tool for the individual investor."

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