Magazines

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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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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Autism magazine to stage fundraiserRestricted Content

April 5, 2014
Noblesville-based Autism Companion Magazine will bring television actress Holly Robinson Peete to give the main speech at the first Have A Heart for Autism dinner on April 23 at the Indianapolis Colts Pavilion, 7001 W. 56th St.
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Suburban news pubs headed for more mailboxes

March 17, 2014
Chris O'Malley
Following the recent launch of magazine-style community newsletters in four more northern Indy communities, TownePost plans to add Greenwood to its stable.
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Steak n Shake owner acquires Maxim magazine

March 1, 2014
Associated Press
Terms of the deal with Biglari Holdings Inc. were not released. The company, headed by CEO Sardar Biglari, says Maxim will continue under its current management team and stay based in New York.
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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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Edible Indy adds food-media queen Tallman to the mix

October 9, 2013
Chris O'Malley
The new owners of Edible Indy magazine have tapped as managing editor a rising foodie star in radio, TV, blogging and webcasting.
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Four Hoosiers rate among 400 wealthiest in U.S.

September 16, 2013
 IBJ Staff
The widow of medical device industry pioneer Bill Cook again is the top Hoosier on the latest Forbes 400 list of the nation's wealthiest people, and this time has cracked the top 100.
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Indy publishing legend exits after 32 years

April 5, 2013
Chris O'Malley

Deborah Paul blazed a trail as editor in chief of Indianapolis Monthly, and later headed similar magazines across the country. She cleaned out her desk at Emmis Publishing this week. "It's a mistake to get off the stage too late," she said.

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Saturday Evening Post moving news operations to Philly

December 17, 2012
Scott Olson
Based in Indianapolis since 1970, The Saturday Evening Post is searching for office space in Philadelphia to return news operations back to the historic publication's roots.
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Emmis 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.
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Indianapolis Woman sold, entire staff released

April 24, 2012
Scott Olson
Weiss Communications Inc. sold the rights to publish the 18-year-old magazine to an unnamed Indiana investment group and fired its entire staff of 14 employees.
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Longtime editorial director to leave Emmis Publishing

February 22, 2012
 IBJ Staff
Veteran Indianapolis Monthly chief Deborah Paul is easing into retirement, leaving her full-time gig as editorial director of Emmis Publishing to work as a consultant.
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Local Emmis publication announces new editor

February 9, 2012
Kathleen McLaughlin
Emmis Publishing has hired Amanda Heckert, senior editor at Atlanta magazine, to replace David Zivan as editor of Indianapolis Monthly, the company announced Thursday.
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Financial maneuvers give Emmis new lease on lifeRestricted Content

January 21, 2012
Greg Andrews
The company has made tremendous progress in recent weeks addressing problems that have scared off investors and pushed the price of its common stock below $1.
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Emmis mum on sudden exit of Indianapolis Monthly editor

January 11, 2012
Greg Andrews
The Indianapolis communications company confirmed it is seeking a replacement for David Zivan, who had led the magazine for six years.
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Emmis finds silver lining despite deep losses in 2Q

October 13, 2011
Anthony Schoettle
Indianapolis-based Emmis Communications Corp. announced Thursday that second-quarter revenue slipped from last year and losses nearly quadrupled. However, the sale of three radio stations for $120 million, a reduction in debt and increases in advertising give executives hope.
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Rezoning sought for growing children’s health program

October 5, 2011
Scott Olson
The Children's Better Health Institute, a division of The Saturday Evening Post Society Inc., plans to ask the Metropolitan Development Commission to rezone a 23-acre parcel on the city's northwest side.
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Seven Indiana companies make latest Inc. 500 list

August 23, 2011
Indianapolis-based Slingshot SEO, a search engine optimization firm, ranked 58th, tops among the Indiana companies that made the list.
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Local magazine Vype to help school sportsRestricted Content

August 20, 2011
 IBJ Staff
Ninety high-school sports programs should receive money generated by the Central Indiana VYPE Foundation.
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Printer suing Indianapolis Woman publisher for $271K

December 10, 2010
Scott Olson
Mignone Communications claims Weiss Communications, which publishes Indianapolis Woman, owes it $271,196 for printing costs dating to November 2007.
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Soldiering on, Emmis' Smulyan mulls station sales to cut debtRestricted Content

September 25, 2010
Greg Andrews
The CEO thinks Emmis could cast off some big-market stations, raising ample cash to pay off the company’s bank debt before it comes due in November 2013.
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Equity firm withdraws support for revised Emmis deal

August 30, 2010
Scott Olson
A Monday morning announcement from Alden Global Capital puts CEO Jeff Smulyan's efforts to take Emmis private in real jeopardy. His attempts to sway preferred shareholders already have failed five times.
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Two Indianapolis accounting firms make top 100 list

August 14, 2010
 IBJ Staff
Katz Sapper & Miller LLP and Blue & Co. LLC again are the only two local accounting firms to crack Inside Public Accounting’s annual top-100 list.
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Emmis shares skid ahead of buyout vote

August 3, 2010
J.K. Wall
Opposition by preferred shareholders has Emmis shares trading at more than 30 percent below the buyout price of $2.40 per share.
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  1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

  2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

  3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

  4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

  5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.

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