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Emmis Communications
Talk-radio conservative Abdul slated for WIBC-FM lineup
May 15, 2013
Chris O'MalleyThe 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.
MoreEmmis earnings signal improving radio business
May 8, 2013
IBJ StaffEmmis Communications Corp. turned a profit in its latest fiscal quarter, rebounding from a big loss in the same period of
the previous year.
MoreWoof Boom to acquire 6 area radio stations
May 8, 2013
Mason KingAn Indianapolis investor group headed by longtime local radio broadcaster and executive Jerry Chapman will take over operations
at the stations, including three in Muncie, on June 1.
MoreStation that switched to sports-talk strikes out in first inning
May 3, 2013
Chris O'MalleyWXNT-AM says the mass exodus of its news-talk listener base was to be expected during transition to CBS Sports radio content.
MoreWIBC's Wenck opts to drop mic for sales job at sister station
March 29, 2013
Chris O'MalleyThe afternoon drive-time personality has left the studio but not the building, switching to a sales job with sports-talk station
WFNI "The Fan."
MoreQ&A: 'Mad Dog' enjoying greener pastures with Indianapolis Colts
March 28, 2013
Chris O'MalleyJimmy Matis wasn't sure what he would do when he lost his job after 24 years at Q95, but in this life, he says, "you just
have to understand that you constantly have to learn."
MoreIndy gets first FM sports/talk station
March 9, 2013
Emmis Communications bought a low-power station, boosted its signal and is using it to simulcast The Fan, a format found at
AM 1070.
MoreEmmis sells Slovakian radio network for $21 million
February 28, 2013
IBJ StaffEmmis Communications Corp. has sold a national radio network in Slovakia to Germany-based Bauer Media Group for $21 million,
the locally based media company disclosed Wednesday in a regulatory filing.
MoreEmmis executive a technology pioneer
February 2, 2013
Anthony SchoettlePaul Brenner, chief technology officer for Emmis Communications Corp., is largely credited with pioneering two recent technological
breakthroughs that could pump badly needed revenue into the radio industry.
MoreEmmis' well-paid CEO signs on for 3 more years
January 12, 2013
Greg AndrewsCEO Jeff Smulyan's supporters praise him for repositioning Emmis during a harrowing stretch for the media industry. Detractors
complain about his hefty compensation.
MoreEmmis posts quarterly profit on higher radio revenue
January 10, 2013
The Indianapolis-based media company said Thursday morning that it earned $4.6 million on $53.4 million in revenue. While
total revenue was flat, income from Emmis' radio stations increased slightly.
MoreSprint first carrier to sign on to FM radio service
January 8, 2013
IBJ StaffSprint on Tuesday announced a preliminary agreement with radio industry representatives that will enable customers to listen
to local FM radio stations on their mobile phones. Emmis CEO Jeff Smulyan was a key negotiator in making the deal.
MoreAfter cutting debt, Emmis lines up $100M refinancing
December 28, 2012
Greg AndrewsThe Indianapolis-based media company had been carrying debt far above market rates, some as high as 23 percent. It also was
facing tens of millions of dollars in debt maturities in 2013 and 2014.
MoreRadio station WIBC losing programming director
December 14, 2012
Anthony SchoettleWIBC-FM 93.1 Program Director Alan Furst told station executives this week that he is leaving to take a job with Radio One’s
News 92 FM in Houston.
MoreEmmis’ quarterly profit rises on sale of station
October 11, 2012
Much of Emmis' profit stemmed from the Aug. 23 sale of KXOS-FM in Los Angeles for $85.5 million, from which the company reported
a gain from discontinued operations of $32.8 million.
MoreEmmis selling Internet marketing subsidiary
October 4, 2012
The Indianapolis-based media company said it has agreed to sell Emmis Interactive Inc. to Hailey, Idaho-based Marketron Broadcast
Solutions.
More'80s anti-takeover law helped sow Emmis win
September 8, 2012
Greg AndrewsThe Indiana Business Corporation Law—enacted to help Hoosier companies fight off a wave of attacks by corporate raiders—gives
boards of directors unusually broad authority to exercise judgment as they see fit.
MoreEmmis pays $2.8M in employee bonuses after station sale
September 6, 2012
When Emmis Communications Corp. sold a Los Angeles radio station for $85 million last month, it was good news for every employee
at the Indianapolis-based media company.
MoreEmmis vote strips preferred shareholders of dividends
September 4, 2012
Scott OlsonThe Tuesday vote by shareholders to wipe out $34 million in unpaid dividends to preferred shareholders follows a judge's Friday
decision to deny a request by the preferred shareholders to prevent a vote on the proposal.
MoreJudge gives Emmis OK to hold shareholder vote
August 31, 2012
Scott OlsonA federal judge on Friday gave Emmis Communications Corp. the green light to proceed with a shareholder vote that could wipe
out $34 million in unpaid preferred shareholder dividends.
MoreEmmis completes sale of L.A. station for $85M
August 23, 2012
Mexico City-based Grupo Radio Centro bought Spanish station KXOS-FM 93.9 after leasing it from Emmis Communications Corp.
for three years.
MoreEmmis buying two radio stations in Terre Haute
August 22, 2012
The Indianapolis-based company said Wednesday that it has agreed to purchase WSDM-FM 92.7 and WSDX-AM 1300 from Crossroads
Investments LLC for an undisclosed amount. The acquisition is expected to close within 45 to 60 days.
MoreEmmis agrees to sell two magazines for $9M
August 16, 2012
The publications, Country Sampler and Smart Retailer, together generated $1 million in operating income
during the 12-month period ended May 31, according to a public filing. The transaction is expected to close by Sept. 30.
MoreEmmis to delay shareholder vote until judge rules
August 1, 2012
Bloomberg NewsEmmis Communications Corp. told a U.S. judge it will delay a scheduled Aug. 14 shareholder vote that could wipe out $34 million
in unpaid preferred stockholder dividends until after she rules on a bid to block the balloting.
MoreEmmis shareholders fight bylaw changes on dividends
July 31, 2012
IBJ Staff and Bloomberg NewsInvestors asked U.S. District Judge Sarah Evans Barker in Indianapolis for an order blocking a special meeting at which Emmis
shareholders will be asked to approve bylaw changes wiping out more than $34 million in accrued and unpaid preferred stock
dividends.
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Doug Henning!
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Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.
I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?