Salem Media to sell Salem Church Products business to Gloo for $30M

Salem Media announced that it entered into an agreement to sell its Salem Church Products business to Gloo for $30M. When the transaction closes, scheduled for November 1, the parties will also enter into a $10M multi-year agreement for Salem to advertise the Gloo platform’s products and services across Salem’s radio and digital platform that serves the Christian audience. Salem Church Products creates and distributes resources for churches and ministries in the areas of church media, worship, children’s ministry, preaching, teaching and employment through online resources including WorshipHouse Media, SermonSearch, ChurchStaffing, Children’s Ministry Deals and many others.