Emmis Communications

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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Emmis earnings signal improving radio business

May 8, 2013
 IBJ Staff
Emmis Communications Corp. turned a profit in its latest fiscal quarter, rebounding from a big loss in the same period of the previous year.
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Woof Boom to acquire 6 area radio stations

May 8, 2013
Mason King
An 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.
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Station that switched to sports-talk strikes out in first inning

May 3, 2013
Chris O'Malley
WXNT-AM says the mass exodus of its news-talk listener base was to be expected during transition to CBS Sports radio content.
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WIBC's Wenck opts to drop mic for sales job at sister station

March 29, 2013
Chris O'Malley
The afternoon drive-time personality has left the studio but not the building, switching to a sales job with sports-talk station WFNI "The Fan."
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Q&A: 'Mad Dog' enjoying greener pastures with Indianapolis Colts

March 28, 2013
Chris O'Malley
Jimmy 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."
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Indy gets first FM sports/talk stationRestricted Content

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.
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Emmis sells Slovakian radio network for $21 million

February 28, 2013
 IBJ Staff
Emmis 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.
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Emmis executive a technology pioneerRestricted Content

February 2, 2013
Anthony Schoettle
Paul 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.
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Emmis' well-paid CEO signs on for 3 more yearsRestricted Content

January 12, 2013
Greg Andrews
CEO Jeff Smulyan's supporters praise him for repositioning Emmis during a harrowing stretch for the media industry. Detractors complain about his hefty compensation.
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Emmis 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.
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Sprint first carrier to sign on to FM radio service

January 8, 2013
 IBJ Staff
Sprint 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.
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After cutting debt, Emmis lines up $100M refinancing

December 28, 2012
Greg Andrews
The 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.
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Radio station WIBC losing programming director

December 14, 2012
Anthony Schoettle
WIBC-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.
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Emmis’ 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.
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Emmis 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.
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'80s anti-takeover law helped sow Emmis winRestricted Content

September 8, 2012
Greg Andrews
The 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.
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Emmis 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.
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Emmis vote strips preferred shareholders of dividends

September 4, 2012
Scott Olson
The 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.
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Judge gives Emmis OK to hold shareholder vote

August 31, 2012
Scott Olson
A 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.
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Emmis 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.
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Emmis 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.
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  1. These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.

  2. The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)

  3. As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.

  4. The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.

  5. I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.

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