Radio Stations

WFYI sets on-air fundraising record

April 22, 2011
Kathleen McLaughlin
Public radio station WFYI will be comfortably ahead of its fundraising goal when an on-air drive wraps up Friday evening.
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Emmis gets additional year to repay debt

March 30, 2011
Scott Olson
Lender Canyon Capital Advisors LLC agreed to extend the maturity date on $182.9 million in senior bank debt from November 2013 to November 2014, giving Emmis additional breathing room to operate.
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WXLW beats odds to stay in sports-talk radioRestricted Content

March 26, 2011
Anthony Schoetle
Small Franklin station has survived loss of ESPN affiliation, emergence of better-funded competitors.
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Cuts may spark mergers among public broadcastersRestricted Content

February 26, 2011
Kathleen McLaughlin
Indianapolis public broadcaster WFYI is bracing for an era of budget cuts that could prompt consolidation among Indiana stations.
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Local firm making noise with app for radio stations

February 24, 2011
Scott Olson
Boost Media & Entertainment's MyStationApp targets independent radio stations such as WTTS-FM 92.3 in Bloomington, which is having success with the product.
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Financier in botched deal sues Emmis over loan to Smulyan

February 18, 2011
J.K. Wall
In uncommonly sharp language, attorneys for New York-based Alden Global Capital accused Emmis' board of “a blatantly self-dealing transaction” that allows Smulyan to “pursue a personal litigation vendetta” against Alden.
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Emmis likely escapes NASDAQ-delisting danger

February 11, 2011
Scott Olson
Stock in the Indianapolis-based media company closed above the necessary threshold of $1 per share for 10 consecutive business days on Thursday, meaning it should be back in compliance with NASDAQ rules.
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LEADING QUESTIONS: Abdul airs take on punditry, influence

February 9, 2011
Mason King
Shabazz_WatchVideoHow is talk-radio host Abdul-Hakim Shabazz like the Wizard of Oz? Were his barbs about an IPS official "over the top"? Does he really have the governor's ear? He's taking your calls.
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Emmis decision to pay CEO legal fees illegal, financier says

February 7, 2011
Scott Olson
Alden Global Capital, a firm Emmis CEO Jeff Smulyan is suing for backing out of a deal to finance his efforts to take Emmis private, charges that a $200,000 loan Emmis made to pay his legal fees violates the Sarbanes-Oxley Act.
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Cumulus Media to buy out radio partners for $740M

February 1, 2011
 IBJ Staff
Atlanta-based Cumulus Media Inc. said late Monday it has agreed to acquire its partners' interest in a venture that owns 32 radio stations in nine cities, including three in Indianapolis. No local changes are expected.
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Emmis surges as industry anticipates radio sale

January 13, 2011
J.K. Wall
Emmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares gained another 13 percent on Thursday.
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Emmis reports $1.6 million quarterly loss

January 11, 2011
The Indianapolis-based media company suffered a loss in the fiscal third quarter despite a 3-percent rise in revenue.
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Emmis faces NASDAQ delisting danger again

November 7, 2010
 IBJ Staff
Emmis Communications Corp. spent much of last year in danger of being delisted from the NASDAQ stock exchange. Now, it's back in the same precarious position.
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New tool shuffles radio ratingsRestricted Content

October 23, 2010
Anthony Schoettle
A new method of measuring radio listening habits has shaken up local station ratings, sending radio operators scrambling to re-evaluate formats and ad pricing.
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Emmis loss shrinks as radio stations produce more cash

October 15, 2010
J.K. Wall
The Indianapolis-based media company announced this morning that it lost $2.3 million in the latest quarter, down from a whopping $135.6 million in the same period a year earlier.
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Failed bid to take Emmis private costing millions

September 16, 2010
Scott Olson
Emmis CEO Jeff Smulyan's JS Acquisition LLC has racked up takeover expenses of $10.2 million, a figure that's sure to escalate now that JS Acquisition is suing its one-time financier for backing out of the deal.
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Emmis' Smulyan wants FM radio tuners in cell phonesRestricted Content

September 11, 2010
Anthony Schoettle
Congress is expected this fall to debate the idea of mandating the inclusion of tuners, a move that could boost the struggling radio industry.
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Emmis CEO calls off bid to take firm private

September 9, 2010
Scott Olson
Emmis Communications Corp. will remain a public company after executives announced Thursday morning that CEO Jeff Smulyan has abandoned his efforts to buy the Indianapolis-based media firm.
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Another day, another delay for Emmis going-private vote

September 3, 2010
Cory Schouten
Emmis Communications CEO Jeff Smulyan delayed a shareholder vote Friday morning, for the eighth time overall and second time in 24 hours, on a proposed deal to take the company private.
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Smulyan delays Emmis buyout vote for 7th time

September 2, 2010
J.K. Wall
Emmis Communications CEO Jeff Smulyan delayed a vote again on his plan to take the company private. But shareholders of the Indianapolis-based radio company will gather Friday morning at 8:30 to decide the fate of Smulyan's $90 million buyout bid.
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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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Butler basketball hires play-by-play announcer

August 7, 2010
 IBJ Staff
Brandon Gaudin will be the new radio voice of Butler University men’s basketball.
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Emmis, Colts hire ex-Q95 jock 'Mad Dog' Matis

July 29, 2010
Anthony Schoettle
Jimmy "Mad Dog" Matis, who was fired after 23 years at Q95 earlier this year, finds a new gig—in sales—at Emmis. He also will do the Colts post-game show with Barry Krauss.
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Judge hears arguments challenging Emmis sale

July 20, 2010
Scott Olson
Common 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.
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WFBQ parent axes 'Bob & Tom' producer

July 9, 2010
Scott Olson
Programming executive and producer Marty Bender was let go from the popular radio show in apparent budget-cutting move.
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  1. From the story: "The city of Indianapolis also will consider tax incentives and funding for infrastructure required for the project, according to IEDC." Why would the City need to consider additional tax incentives when Lowe's has already bought the land and reached an agreement with IEDC to bring the jobs? What that tells me is that the City has already pledged the incentives, unofficially, and they just haven't had time to push it through the MDC yet. Either way, subsidizing $10/hour jobs is going to do nothing toward furthering the Mayor's stated goal of attracting middle and upper-middle class residents to Marion County.

  2. Ron Spencer and the entire staff of Theater on the Square embraced IndyFringe when it came to Mass Ave in 2005. TOTS was not only a venue but Ron and his friends created, presented and appeared in shows which embraced the 'spirit of the fringe'. He's weathered all the storms and kept smiling ... bon voyage and thank you.

  3. Not sure how many sushi restaurants are enough, but there are three that I know of in various parts of downtown proper and all are pretty good.

  4. First off, it's "moron," not "moran." 2nd, YOU don't get to vote on someone else's rights and freedoms that are guaranteed by the US Constitution. That's why this is not a state's rights issue...putting something like this to vote by, well, people like you who are quite clearly intellectually challenged isn't necessary since the 14th amendment has already decided the issue. Which is why Indiana's effort is a wasted one and a waste of money...and will be overturned just like this has in every other state.

  5. Rick, how does granting theright to marry to people choosing to marry same-sex partners harm the lives of those who choose not to? I cannot for the life of me see any harm to people who choose not to marry someone of the same sex. We understand your choice to take the parts of the bible literally in your life. That is fine but why force your religious beliefs on others? I'm hoping the judges do the right thing and declare the ban unconstitutional so all citizens of Wisconsin and Indiana have the same marriage rights and that those who chose someone of the same sex do not have less rights than others.

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