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Emmis Communications
Emmis smacked with quarterly loss of $135M
October 9, 2009
IBJ StaffEmmis Communications Corp. suffered a whopping loss of $135.6 million in its most recent fiscal quarter, the Indianapolis-based
media company reported Friday morning.
MoreNew Emmis exec Charlie Morgan faces big challenges as he re-enters radio
October 3, 2009
Anthony SchoettleWhen local radio industry veteran Charlie Morgan stepped down as president of Indianapolis Motor Speedway Productions last
month, it could’ve appeared he was trying to escape the daunting problems of open-wheel racing. Unless you considered
where he was going.
MoreEmmis executive high on company's outlook, despite NASDAQ threat
September 28, 2009
Scott OlsonAn executive of Emmis Communications Corp. is optimistic the company's performance will improve enough to boost its stock
price above $1, eliminating the threat of being delisted by NASDAQ.
MoreWIBC wins Marconi Award for station of year
September 25, 2009
IBJ StaffEmmis Communication Corp.'s WIBC-FM 93.1 won the 2009 Marconi Radio Award for Large-Market Station of the Year yesterday in
a ceremony in Philadelphia.
MoreNASDAQ threatens to delist Emmis stock
September 21, 2009
IBJ StaffNASDAQ has notified Emmis Communications Corp. that it is in danger of being delisted if the company's stock doesn't rise
above the minimum bid price of $1 per share within the next six months.
MoreUPDATE: Wildfire threat to Emmis transmission site eases
September 2, 2009
IBJ Staff and Associated PressFirefighters are making progress on a major wildfire north of Los Angeles that is burning perilously close to Mount Wilson,
home to transmission towers used by Indianapolis-based Emmis Communications Corp. and other broadcasters.
MoreRadio veteran Morgan jumps to Emmis from IMS
August 26, 2009
Anthony SchoettleLong-time radio veteran Charlie Morgan is leaving his post heading up broadcasting for Indianapolis Motor Speedway and Indy
Racing League to lead Emmis Communications Corp. radio stations in Indianapolis.
MoreWhy ailing Emmis could bounce back
July 20, 2009
Greg AndrewsLet's play the contrarian. For Emmis, that means arguing that the battered company is poised for resurgence, rather than sliding
deeper into the abyss.
MoreDebt maneuvers help Emmis turn quarterly profit
July 10, 2009
IBJ StaffEmmis Communications Corp. reported a quarterly profit today after buying back a big chunk of its own debt on the cheap, but
the outlook for the company remains grim. The radio broadcaster and magazine publisher saw revenue plunge 27 percent.
MoreLocal radio exec Severino dies
July 6, 2009
Anthony SchoettleRadio executive Tom Severino, who managed four local stations for Indianapolis-based Emmis Communications Corp., died yesterday
after a five-month battle with cancer. Severino, 57, was vice president and general manager of WIBC-FM 93.1, WLHK-FM 97.1,
WFNI-AM 1070 and WYXB-FM 105.7.
MoreFireworks show fizzles under financial constraints
June 1, 2009
If you don't get your fireworks fix on July 4, you'll no longer have another chance this year to be awed by the colorful displays.
MoreHow IBJ is surviving the recession
April 27, 2009
Chris KatterjohnThis economy has been tough on just about everybody.
No matter what your choice of media, you can't escape the news about companies and entire industries challenged by the recession.
But what about the folks doing all that reporting?
MoreEmmis creates option to sell, lease back HQ
April 20, 2009
Greg AndrewsWould embattled Emmis Communications Corp. sell its Monument Circle headquarters, a prized development that opened a decade ago at what then-Mayor Steve Goldsmith called "the most important site in the city and the very center of Indiana?"
KSM's run-in with Madoff spawns bevy of questions
January 12, 2009
Greg AndrewsKSM Capital Advisors didn't invest its clients' money directly with Bernard L. Madoff, but they're out millions of dollars
just the same.
MoreEmmis to produce tourism publications for ICVA
January 5, 2009
Indianapolis based Emmis Communications Corp. signed a three-year deal to produce and publish the Indianapolis Convention
& Visitors
Association's
semi-annual visitors guide, convention planners guide and other tourism-related publications and materials.
MoreBold bets on Hoosier firms yield horrific results so far
December 8, 2008
Greg AndrewsThe millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value,
leaving them way, way below break-even.
MoreEmmis struggling to stay in good stead with lenders
November 17, 2008
Greg AndrewsEmmis Communications Corp. struggles to contain expenses and minimize debts due to radio advertising shortfalls.
MoreDuke founder Wynne loses out using company stock as collateral
November 3, 2008
Greg AndrewsRetired businessman John Wynne, one of the founders of Duke Realty Corp., is the latest executive to get burned after using
company stock as collateral for a multimillion-dollar loan in his investment account.
MoreEmmis' market value in free fall as radio industry takes beating
September 29, 2008
Anthony SchoettleFor more than two years, Smulyan, 61, has been unflaggingly optimistic during quarterly conference calls. But since early 2007, Emmis' stock has fallen 84 percent, shrinking the company's stock market value from $307 million to $48 million. The troubles have cast uncertainty over one of Indianapolis' highest-profile businesses.
WNDE holds off sports-talk upstart in ratings despite marketing push, high-profile co-host
August 18, 2008
Anthony SchoettleLongtime sports/talk station WNDE-AM 1260 has beaten back newcomer WFNI-AM 1070 in a critical listener demographic despite WFNI's extensive promotion of hosts Eddie White and Indianapolis Star sports columnist Bob Kravitz.
Changing radio formats changes ratings results
May 12, 2008
Anthony SchoettleNumerous format changes late last year caused a major shake-up in the first-quarter survey results of central Indiana's radio-listening
habits.
MoreEmmis' decision to shift WIBC to FM jolts local radio
October 15, 2007
Anthony SchoettleThe local radio market's biggest shake-up in more than a decade has almost every commercial station in central Indiana scrambling
to attract the thousands of listeners and millions of advertising dollars suddenly up for grabs. Emmis Communications Corp.
said Oct. 8 it will move WIBCAM 1070 programming to the FM frequency previously occupied by WNOU-FM 93.1, which it will kill.
Industry experts said the fallout will continue to rain down throughout the fourth quarter and well into 2008. "There's lots...
MoreEmmis swings unique advertising deal with Google
June 4, 2007
Anthony SchoettleEmmis Communications Corp. is turning to Google in its search for relief from a radio-industry slump. The local media company
is tapping the power of the popular Internet search engine to sell advertising for its Indianapolis and New York radio properties.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.