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Emmis Communications
Judge hears arguments challenging Emmis sale
July 20, 2010
Scott OlsonCommon shareholders are challenging the proposed acquisition of the company by closely held JS Acquisition LLC, formed by
Emmis Chairman and CEO Jeffrey H. Smulyan in an effort to take it private.
MoreSuitor extends tender offer for Emmis
June 24, 2010
Associated PressJS Acquisition Inc., a company owned by Emmis Communications CEO Jeffrey Smulyan, extended its buyout offer to July 30.
MoreJMV already boosting The Fan's ad revenue
June 15, 2010
Anthony SchoettleEven before ratings arrive, WFNI-AM 1070 officials said they have signed two major advertisers this month due to the recent
hire of new afternoon host JMV.
MoreSmulyan buyout plan could take Emmis full circle
June 5, 2010
Greg AndrewsThe going-private deal he worked out—with New York-based Alden Global Capital—could result in another public offering
five years from now.
MoreUPDATE: Lawsuits could still go forward, despite Emmis deal
May 26, 2010
Scott OlsonCompany shareholders challenging the transaction to sell Emmis Communications Corp. still could be awarded damages despite
the board's decision to OK the deal, lawyer says.
MoreCEO Smulyan gets OK to take Emmis private
May 26, 2010
IBJ Staff and Bloomberg NewsEmmis Communications Corp. agreed to be acquired for about $90 million by closely held JS Acquisition LLC, a company formed
by Emmis CEO Jeff Smulyan.
MoreSports talk host JMV lands at Emmis station
May 24, 2010
Kathleen McLaughlinJMV's new show, "The Ride," will run weekdays from 3 p.m. to 7 p.m starting Monday.
MoreShareholders sue to block deal to take Emmis private
May 14, 2010
J.K. WallThe lawsuits, filed in Marion Superior Court, say board members have breached fiduciary duties by making no recommendation
on deal that, they say, will enrich Chairman Jeff Smulyan at the expense of minority shareholders.
MoreEmmis finds loophole for board on Smulyan buyout
May 1, 2010
Greg AndrewsState law normally requires board approval for buyouts. But the language cited in the letter of intent provides an exception
for conflicts of interest or special circumstances.
MoreUPDATE: Emmis takeover deal unlikely to hit turbulence
April 26, 2010
Greg Andrews, Scott OlsonA big Emmis Communications Corp. shareholder believes the $90 million deal CEO Jeff Smulyan unveiled Monday morning to
take the company private is unlikely to get derailed—even though it’s worth far less than a takeover offer Smulyan
failed to get through his board four years ago.
MoreEmmis chief looks to take company private
April 26, 2010
Scott OlsonJS Acquisition Inc., the company Emmis CEO Jeff Smulyan has established to complete the acquisition, would purchase all shares
of publicly traded Emmis for about $90 million, according to Monday morning's announcement.
MoreFuture of Brizzi radio show up in the air
April 19, 2010
Scott OlsonMarion County prosecutor Carl Brizzi has not hosted "Crime Watch" on WIBC in three weeks, due to a scheduled break. But station
officials want him
to address accusations on air if he is to continue the show.
MoreMissed payments force Emmis to add independent directors
April 16, 2010
Peter SchnitzlerPreferred stockholders, owed about $14 million after six consecutive quarters of missed dividends, will elect two new members
to media firm's board at its July 14th annual meeting.
MoreColumnist Kravitz dropped from radio show
March 16, 2010
Scott OlsonSports columnist Bob Kravitz made his final appearance on The Fan's afternoon radio show on Monday. Emmis Communications Corp.
executives said the decision was based, in part, on the show's "financial performance."
MoreOn-air roster changes afoot at Emmis stations
March 12, 2010
Scott OlsonEmmis Communications Corp. is shuffling several prominent on-air personalities at its Indianapolis radio stations' beginning
Monday.The moves involve Big Joe Staysniak and Steve Simpson of WIBC, Ed Wenck of WLHK and
Dan Dakich of WFNI.
MoreOne exec pays off risky loan, another pays a big price
January 23, 2010
Greg AndrewsEmmis' Jeff Smulyan paid off a loan collateralized by nearly all his Emmis stock. Retired Duke Realty Chairman John Wynne
is facing new fallout from his margin loan, with the lender on his Williams Creek home pursuing foreclosure.
MoreHungarian court's decision favors Emmis
January 19, 2010
The court on Tuesday ruled in favor of Emmis in its bid to get a popular radio station it operates in Hungary back on the
air.
MoreEmmis 3Q revenue declines, but company still posts profit
January 8, 2010
Anthony SchoettleIndianapolis-based Emmis Communications Corp. reported lower revenue during its fiscal third quarter, but still managed a
small profit.
MoreHungarian court decision could favor Emmis station
January 6, 2010
A Hungary radio station operated by Emmis until late last year might broadcast again following a court decision.
MoreSmulyan signs new contract to lead Emmis
December 21, 2009
Anthony SchoettleJeff Smulyan agrees to terms on a new three-year contract to lead Emmis. Signing and performance bonuses could lead to big
pay raise.
MoreRadio giant Citadel files for bankruptcy protection
December 21, 2009
IBJ Staff and Associated PressLas Vegas-based Citadel Broadcasting, which owns three radio stations in Indiana, filed for Chapter 11 bankruptcy protection
on Sunday in an effort to restructure its hefty debt load.
MoreEmmis loses license to operate Hungarian station
November 19, 2009
Hungarian officials took off the air Wednesday a national radio station operated by Emmis Communications Inc. and awarded
the license to one of the country’s political parties.
MoreBob & Tom keep Q95 on a roll even as classic-rock format shows age
November 14, 2009
Anthony SchoettleQ95's Tom Griswold and Bob Kevoian have maintained their lofty ratings, keeping the Clear Channel Radio station near the top
of the Indianapolis radio market.
MoreBook will be tribute to late Emmis executive Tom Severino
October 31, 2009
IBJ StaffFormer Emmis Communications Corp. employee Jon Quick is writing a tribute book to the late Tom Severino, vice president
and general manager of Emmis’ Indianapolis operations, who lost his battle with lung cancer earlier this year.
MoreChallenges remain for Emmis despite NASDAQ save
October 27, 2009
IBJ StaffShares of Indianapolis-based Emmis Communications Corp. closed Monday at $1.53, the 10th straight day the stock has finished
trading above $1—preserving the company's listing on the NASDAQ stock exchange, but big challenges remain for the locally
based owner of radio stations and magazines.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!