Emmis Communications

Emmis: Dynamic pricing will reshape many industriesRestricted Content

August 16, 2014
Dennis Barbosa
Indianapolis-based Emmis Communications Corp. executives believe their latest acquisition, a local flexible-pricing software firm called Digonex Technologies, can revolutionize any number of businesses, including radio.
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Profit dips for Emmis despite boost from new stations

July 9, 2014
 IBJ Staff
The needle on radio revenue spiked in the first quarter for the Indianapolis broadcasting and publishing firm, but profit sank.
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WIBC taking big risk by weaving news with opinionsRestricted Content

June 21, 2014
Anthony Schoettle
The decision earlier this month by WIBC-FM 93.1 to part ways with longtime newsman and host Steve Simpson has many radio listeners and advertisers wondering if straight-up news radio is dead.
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Simpson out as WIBC morning host, conservative Katz in wings

June 13, 2014
Anthony Schoettle
Steve Simpson was informed Friday that his contract would not be renewed by Indianapolis-based Emmis Communications Corp., which owns WIBC. Newsman Simpson will be replaced by conservative talk show host Tony Katz.
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Emmis mag sues New York Times over editor hire

April 12, 2014
Bloomberg News
Texas Monthly, the award-winning magazine owned by Indianapolis-based Emmis Communications Corp., says the Times hired away its top editor to join the newspaper's magazine division before his contract expired.
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Hip-hop still on top, but Emmis crowds next spots

April 4, 2014
Chris O'Malley
Three Emmis Communications Corp. stations in February were near the top in local radio ratings, behind only Radio One’s No. 1 rated WHHH-FM 96.3, in the broad category of listeners age 6 and up.
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Emmis cranks up volume on fourth quarter revenue

April 3, 2014
Chris O'Malley
Rumors of radio's demise appear to be greatly exaggerated, at least for Indianapolis-based Emmis Communications Corp. Revenue for its radio and publishing arms continue to improve.
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Emmis employees to get bonuses after court case

March 11, 2014
Chris O'Malley
Emmis Communications Corp. said it will make good on a previously announced employee-retention plan that will shower 598 employees with $3.24 million in company stock.
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Indy hip-hop station dethrones country crooners in radio ratings

March 6, 2014
Chris O'Malley
WHHH-FM rises to the top of the dial with some recent fine-tuning, and as the top two country stations in the market duke it out for listeners.
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Emmis wins latest battle in unpaid-dividend case

March 4, 2014
 IBJ Staff
Plaintiffs in the case had sought $34 million in unpaid dividends. Shareholders had voted in 2012 to wipe away the obligation, at the request of management.
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Emmis acquiring two New York radio stations for $131 million

February 11, 2014
 IBJ Staff
The purchase from YMF Media will bulk up Emmis' presence in the nation's largest radio market and is projected to double the company's radio station operating income.
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Emmis fine-tuning FM radio app for automobiles

January 16, 2014
Chris O'Malley
The Indianapolis broadcasting company is in talks with automakers to marry its NextRadio app to car dashboards, creating a two-way conversation between listeners and stations.
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Emmis turns profit despite sluggish radio revenue growth

January 9, 2014
Chris O'Malley
The Indy-based media firm held steady despite headwinds in radio advertising sales. Its publishing division, which includes Indianapolis Monthly, provided a welcome boost.
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Smulyan grooving to debt-reduction rhythmRestricted Content

December 7, 2013
 IBJ Staff

Emmis Communications Corp. founder and CEO Jeff Smulyan recently told Billboard that getting a better grip on debt after the Great Recession “is probably the most gratifying thing of my career.”

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Emmis to reduce debt by repaying loan with extra cash flow

October 21, 2013
Bloomberg News
The Indianapolis-based operator of radio stations expects free cash flow after capital expenditures to be about $14 million this year, said CEO Jeffrey Smulyan.
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'Bob & Tom Show' switching syndicators

October 16, 2013
Chris O'Malley
The move has local radio executives wondering if the comedy show might move up the Indianapolis FM dial as well. Meanwhile, conservative commentator Abdul will switch to weekday evenings on WIBC.
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Emmis dials up improving sales, but profit slows

October 10, 2013
Chris O'Malley
The Indianapolis media firm's radio and publishing divisions saw healthy increases in revenue in its latest quarter. The company also posted a profit, although much less than in the same period last year.
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Emmis’ ‘NextRadio’ app mimics traditional FM radioRestricted Content

September 14, 2013
Chris O'Malley
While it’s way too early to tell whether the NextRadio app woos back listeners and generates big ad dollars for the radio industry, it’s safe to say it's functional and idiot-resistant enough to warrant interest from the mobile masses.
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WFMS regains radio ratings lead in country showdown

July 26, 2013
Chris O'Malley
WFMS-FM 95.5 has taken back its Indianapolis country music radio crown from WLHK-FM 97.1 “The Hank,” but barely.
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Emmis sees coupons as next frontier for radio appsRestricted Content

July 20, 2013
Chris O'Malley
An app that would allow smartphones to receive FM radio signals like a transistor radio has been hailed as a way to help stations recapture listeners who fled to Web-based music streaming services.
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Emmis Communications rebounds with profitable quarter

June 28, 2013
 IBJ Staff
Company shares surged Friday morning after the company said it earned $3.7 million in the quarter ended May 31, compared with a loss of $5 million last year.
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Most of Indiana's largest public companies enjoyed strong 2012Restricted Content

June 15, 2013
Angie's List turned a profit for the first time in nearly two decades.
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PROXY CORNER: Emmis Communications Corp.Restricted Content

June 8, 2013
Indianapolis-based Emmis Communications Corp. is a media company that owns radio stations and magazines.
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Hank FM lassoes ratings crown from rival WFMS

May 31, 2013
Chris O'Malley
WLHK-FM 97.1 “Hank FM" has put a backwoods butt-whupping on country rival WFMS-FM 95.5 to take the No. 1 spot in the metro Indianapolis radio market.
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Talk-radio conservative Abdul slated for WIBC-FM lineup

May 15, 2013
Chris O'Malley
The commentator has been without local show on commercial radio since 2011. He'll find a home on WIBC, which also is preparing to fill its vacant position for news director.
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  1. Kent's done a good job of putting together some good guests, intelligence and irreverence without the inane chatter of the other two shows. JMV is unlistenable, mostly because he doesn't do his homework and depends on non-sports stuff to keep HIM interested. Query and Shultz is a bit better, but lack of prep in their show certainly is evident. Sterling obviously workes harder than the other shows. We shall see if there is any way for a third signal with very little successful recent history to make it. I always say you have to give a show two years to grow into what it will become...

  2. Lafayette Square, Washington Square should be turned into office parks with office buildings, conversion, no access to the public at all. They should not be shopping malls and should be under tight security and used for professional offices instead of havens for crime. Their only useage is to do this or tear them down and replace them with high rise office parks with secured parking lots so that the crime in the areas is not allowed in. These are prime properties, but must be reused for other uses, professional office conversions with no loitering and no shopping makes sense, otherwise they have become hangouts long ago for gangs, groups of people who have no intent of spending money, and are only there for trouble and possibly crime, shoplifting, etc. I worked summers at SuperX Drugs in Lafayette Square in the 1970s and even then the shrinkage from shoplifting was 10-15 percent. No sense having shopping malls in these areas, they earn no revenue, attract crime, and are a blight on the city. All malls that are not of use should be repurposed or torn down by the city, condemned. One possibility would be to repourpose them as inside college campuses or as community centers, but then again, if the community is high crime, why bother.

  3. Straight No Chaser

  4. Seems the biggest use of TIF is for pet projects that improve Quality Of Life, allegedly, but they ignore other QOL issues that are of a more important and urgent nature. Keep it transparent and try not to get in ready, fire, Aim! mode. You do realize that business the Mayor said might be interested is probably going to want TIF too?

  5. Gary, I'm in complete agreement. The private entity should be required to pay IPL, and, if City parking meters are involved, the parking meter company. I was just pointing out how the poorly-structured parking meter deal affected the car share deal.

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