Media & Marketing

After WISH drama, CBS reaches deal with Lin for other affiliates

August 28, 2014
 Bloomberg News and IBJ Staff
CBS Corp. has agreed to renew affiliation agreements for 12 stations owned by Lin Media after it played hardball with the company and dropped its ties with WISH-TV in Indianapolis.
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Ex-Indiana elections chief starts political blog

August 27, 2014
Associated Press
Former Indiana Secretary of State Charlie White has been stripped of office and he doesn't have a job, so he's turning to the Internet.
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Time Warner Cable says major outages largely resolved

August 27, 2014
Associated Press
Time Warner Cable said Wednesday that service was largely restored after a problem that occurred during routine maintenance caused a nationwide outage of its Internet service for hours.
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Loss of CBS affiliation slices $110M from Indy station's value

August 26, 2014
Cory Schouten
How much value did the CBS network affiliation bring to WISH-TV Channel 8? About $110 million, if you believe the parent company’s calculation.
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WISH, WNDY owner appoints new general manager

August 25, 2014
Jeff Newman
The owner of WISH-TV Channel 8 has named a well-traveled industry veteran to lead the Indianapolis station through what could be the biggest transition in its history.
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Social media campaign publicizes lifeline law

August 25, 2014
Associated Press
Students at 13 Indiana college campuses will receive social media messages about the state law that allows minors who have been drinking to report a medical emergency or a crime without getting in trouble.
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Purdue balks at use of its brand in panned film

August 25, 2014
Associated Press
Purdue University officials are asking their legal counsel to look into a new movie that makes frequent references to the school despite its refusal to grant permission to use official trademarks and logos.
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Family-founded underdog WTTV hits broadcasting pinnacle

August 24, 2014
Associated Press
The TV station has gone from a simple two-hour-a-day operation into a national affiliate within the span of a lifetime. Its early history is truly Hoosier: created with saved money, built with callused hands and managed by local folks.
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Demise of Radio Disney causing static; local station in play

August 23, 2014
Anthony Schoettle
Walt Disney Co. announced earlier this month that it would sell its 23 radio stations that target children ages 3 to 15. The only Radio Disney outpost on the FM dial, WRDZ-FM 98.3 in Indianapolis, could be particularly sought after if the stations are sold individually.
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WFYI broadens reach with Indiana State agreement

August 22, 2014
 IBJ Staff
Starting Sept. 15, WFYI-FM 90.1’s broadcast will be heard on WISU-FM 89.7, the official radio station of Indiana State University in Terre Haute.
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Indianapolis Downtown Inc. to go by new name

August 20, 2014
 IBJ Staff
Indianapolis Downtown Inc., a 21-year-old public-private promotional group, plans to do business under a new name as part of a strategic plan, it announced Wednesday morning.
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Carmel sports marketing firm plans headquarters expansion

August 19, 2014
U/S Sports Advisors said it will spend $1.1 million on an expansion at its Carmel headquarters, increasing employment by 36 jobs by the end of 2018.
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Will spurned TV station launch ABC courtship?

August 16, 2014
Greg Andrews
Channel 6's affiliation agreement with ABC expires in January, but the station's owner, E.W. Scripps, has strong ties to the network and will be highly motivated to avoid a parting of ways.
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Emmis: Dynamic pricing will reshape many industriesRestricted Content

August 16, 2014
Dennis Barbosa
Indianapolis-based Emmis Communications Corp. executives believe their latest acquisition, a local flexible-pricing software firm called Digonex Technologies, can revolutionize any number of businesses, including radio.
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Kravitz leaves Indy Star for job with WTHR

August 14, 2014
Anthony Schoettle
After 14 years as the Star's lead sports columnist and most recognized personality, Bob Kravitz resigned Thursday shortly after 3:30 p.m. “I agonized over this decision for days and days,” he said of joining Channel 13's sports staff.
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WRTV adds sports-talk host Grady to its staff

August 13, 2014
 IBJ Staff
Michael Grady, a radio sports-talk host on WFNI-AM 1070 and the public address announcer for the Pacers, will begin his job at WRTV on Aug. 22, the station announced Tuesday.
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Star reducing staff ahead of headquarters relocation

August 11, 2014
Jeff Newman
The Indianapolis Newspaper Guild, which represents most of the Star's newsroom and building-services employees, said the newspaper intends to chop newsroom staff and management 15 percent over the next few weeks.
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CBS affiliation switch means major changes at WTTV

August 11, 2014
Anthony Schoetle
Those changes are coming in the wake of Monday's huge announcement that Chicago-based Tribune Broadcasting, parent to WTTV, has wrestled away the CBS-TV affiliation held by WISH-TV Channel 8 since 1956.
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Local CBS affiliate moving from WISH to WTTV

August 11, 2014
 IBJ Staff
WISH-TV Channel 8 is losing its affiliation with CBS-TV after nearly six decades, CBS Corp. announced Monday morning.
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IU schools tackle new marketing strategies

August 10, 2014
Associated Press
Indiana University is taking steps to better market itself to students and donors, using a strategy more common to consumer products.
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Tag Heuer signs sponsorship with IndyCar, SpeedwayRestricted Content

August 9, 2014
IndyCar Series officials announced a deal Aug. 6 making Switzerland-based TAG Heuer the official watch of the open-wheel series and Indianapolis Motor Speedway.
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Two Indianapolis-based tabloids up for sale

August 5, 2014
Anthony Schoettle
Long-time local publisher Ted Fleischaker recently put his two print publications—The Word and Up Downtown—on the market. He says he's a motivated seller.
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Banks beckon wary millennials

August 2, 2014
Chris O'Malley
Institutions have uphill climb to build trust with generation scarred by financial crisis.
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New TV deals to provide huge cash infusion for Colts

August 2, 2014
Anthony Schoettle
The NFL’s new contracts with CBS, Fox, NBC and ESPN—which take effect this month—are set to deliver each of the league’s 32 teams a $27 million bump in national television revenue, according to sources familiar with the deals.
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WRTV Channel 6 parent grows in major media merger

July 31, 2014
Journal Communications Inc. and E.W. Scripps Co. have an agreement to merge broadcasting operations while spinning off newspaper holdings into a separate public entity, the companies announced late Wednesday.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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