Radio Station Owners

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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Simpson out as WIBC morning host, conservative Katz in wings

June 13, 2014
Anthony Schoettle
Steve Simpson was informed Friday that his contract would not be renewed by Indianapolis-based Emmis Communications Corp., which owns WIBC. Newsman Simpson will be replaced by conservative talk show host Tony Katz.
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Radio personality Vaughn files suit against WTLC parent

June 10, 2014
Mason King
Kelly Vaughn alleges in a federal discrimination lawsuit that Radio One showed preferential treatment to male co-worker Amos Brown by firing her but retaining him after they worked on an outside project.
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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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Hip-hop still on top, but Emmis crowds next spots

April 4, 2014
Chris O'Malley
Three Emmis Communications Corp. stations in February were near the top in local radio ratings, behind only Radio One’s No. 1 rated WHHH-FM 96.3, in the broad category of listeners age 6 and up.
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Emmis cranks up volume on fourth quarter revenue

April 3, 2014
Chris O'Malley
Rumors of radio's demise appear to be greatly exaggerated, at least for Indianapolis-based Emmis Communications Corp. Revenue for its radio and publishing arms continue to improve.
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Emmis employees to get bonuses after court case

March 11, 2014
Chris O'Malley
Emmis Communications Corp. said it will make good on a previously announced employee-retention plan that will shower 598 employees with $3.24 million in company stock.
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Indy hip-hop station dethrones country crooners in radio ratings

March 6, 2014
Chris O'Malley
WHHH-FM rises to the top of the dial with some recent fine-tuning, and as the top two country stations in the market duke it out for listeners.
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Emmis wins latest battle in unpaid-dividend case

March 4, 2014
 IBJ Staff
Plaintiffs in the case had sought $34 million in unpaid dividends. Shareholders had voted in 2012 to wipe away the obligation, at the request of management.
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Emmis fine-tuning FM radio app for automobiles

January 16, 2014
Chris O'Malley
The Indianapolis broadcasting company is in talks with automakers to marry its NextRadio app to car dashboards, creating a two-way conversation between listeners and stations.
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Emmis turns profit despite sluggish radio revenue growth

January 9, 2014
Chris O'Malley
The Indy-based media firm held steady despite headwinds in radio advertising sales. Its publishing division, which includes Indianapolis Monthly, provided a welcome boost.
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Smulyan grooving to debt-reduction rhythmRestricted Content

December 7, 2013
 IBJ Staff

Emmis Communications Corp. founder and CEO Jeff Smulyan recently told Billboard that getting a better grip on debt after the Great Recession “is probably the most gratifying thing of my career.”

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Radio station adds Dennis Miller in conservative-talk battle

November 27, 2013
Chris O'Malley
Freedom 95 has picked up comedian and commentator Dennis Miller as it tries to gain market share among conservative talk fans. But they'll have to stay up late to hear him.
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FCC fines Greenfield broadcaster for transmitting from silo

October 30, 2013
Chris O'Malley
The signal from Hoosier Public Radio Corp. interferred with an aircraft radio frequency, according to the federal agency.
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Emmis to reduce debt by repaying loan with extra cash flow

October 21, 2013
Bloomberg News
The Indianapolis-based operator of radio stations expects free cash flow after capital expenditures to be about $14 million this year, said CEO Jeffrey Smulyan.
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'Bob & Tom Show' switching syndicators

October 16, 2013
Chris O'Malley
The move has local radio executives wondering if the comedy show might move up the Indianapolis FM dial as well. Meanwhile, conservative commentator Abdul will switch to weekday evenings on WIBC.
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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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'Sound Medicine' earning its chops in radio markets across country

August 16, 2013
Chris O'Malley
Public broadcasting station WFYI-FM 90.1 aims to expand distribution of its locally produced “Sound Medicine” show to include at least 30 radio stations in large- and medium-sized markets in the next two years.
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WIBC-FM fills vacant drive-time slot

August 2, 2013
Chris O'Malley
Conservative duo "Chicks on the Right" set to fill slot vacated by Ed Wenck in March at city's top talk station.
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Emmis Communications rebounds with profitable quarter

June 28, 2013
 IBJ Staff
Company shares surged Friday morning after the company said it earned $3.7 million in the quarter ended May 31, compared with a loss of $5 million last year.
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Former Q-95 executive lands gig in Chicago

June 4, 2013
 IBJ Staff
Marty Bender, who spent more than 20 years guiding local classic-rock radio powerhouse WFBQ-FM 94.7 as program director before his abrupt firing in 2010, has been hired as at WILV Chicago.
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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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  1. "This was a very localized, Indiana issue," he said. As in, Indiana failed to expand Medicaid to cover its poor citizens resulting in the loss of essential medical services, including this EMS company. Well done, Indiana GOP. Here are the real death panels: GOP state governments who refuse to expand Medicaid for political reasons.

  2. In the "one for all, all for none" socialist doctrine the sick die...this plus obama"care" equates to caucasian genocide plus pushed flight to cities thus further eroding the conservative base and the continualed spiral toward complete liberal/progressive/marxist America.

  3. There is a simple reason why WISH is not reporting on this story. LIN has others stations in different markets that are affiliated with CBS. Reporting about CBS blindsiding WISH/LIN due to CBS's greed and bullying tatics would risk any future negoations LIN will have with CBS in other markets.

  4. My best always! Dave Wilson

  5. How did Columbus, Ohio pull off a car share service without a single dollar of public subsidies? They must not have a mayor who is on the take like Indianapolis. Daimler Benz offers Columbus residents their Smart Cars on a market-driven basis: "This has some neat features. Cars don’t have to be picked up and dropped off at fixed points. You find one with your smart phone based on GPS, and drop it off anywhere in the service area you can find a spot – even at a meter. These cars aren’t required to feed the meter so you get free on street parking while using them. I was told this system was put in place on a market basis without subsidies – and that the vendor actually pays the city for the use of the meters." http://www.urbanophile.com/2014/05/26/checking-in-on-columbus/

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