BuzzFeed - Salem Communications will now own five major conservative media properties. Salem Communications, the Christian radio conglomerate and owners of Hotair.com, Townhall.com and recent acquisition Twitchy, will buy Eagle Publishing on Jan. 15, BuzzFeed has learned. Eagle Publishing owns RedState, Human Events and Regnery Publishing, a publisher of conservative books. With the acquisition, Salem Communications will operate a block of five major properties in the conservative media landscape.Eagle told employees last week that Salem would acquire the company, Politico reported, but would not confirm a deal.Sources close to the deal tell BuzzFeed that 90% of the Eagle staff will be retained, but "virtually all" of the upper management will be let go to avoid redundancy. Sources say spirits at Eagle remain high, however, because of the high retention levels.Tom Phillips, the current president of Eagle, has been looking for the right buyer to continue operating the ideologically conservative
↧