Radio

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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WIBC taking big risk by weaving news with opinionsRestricted Content

June 21, 2014
Anthony Schoettle
The decision earlier this month by WIBC-FM 93.1 to part ways with longtime newsman and host Steve Simpson has many radio listeners and advertisers wondering if straight-up news radio is dead.
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Emmis acquires majority stake in software firm

June 16, 2014
 IBJ Staff
Emmis Communications Corp. said Monday that it acquired a controlling interest in Indianapolis-based pricing software firm Digonex Technologies Inc. in a deal worth about $5 million.
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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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WFYI-FM completes ‘Morning Edition’ teamRestricted Content

March 29, 2014
Don Hibschweiler joins Sharon Alseth as co-anchor of "Morning Edition," which runs from 5-10 a.m. on weekdays.
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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 acquiring two New York radio stations for $131 million

February 11, 2014
 IBJ Staff
The purchase from YMF Media will bulk up Emmis' presence in the nation's largest radio market and is projected to double the company's radio station operating income.
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Fishers to get Christian station as radio format grows in Indy

January 24, 2014
Chris O'Malley
Elkhart powerhouse WFRN-FM will transmit its Christian music and educational programming via a broadcast tower and version tailored specifically for the Fishers area.
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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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Podcasting allows DJs to carry on, without a radio stationRestricted Content

January 11, 2014
Chris O'Malley
Longtime disc jockeys Jason Hammer and Nigel Laskowski are free from the corporate overlords of modern radio, these days operating their own podcast after having lost their full-time on-air gigs.
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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' Smulyan honored as 'giant of broadcasting"Restricted Content

October 26, 2013
The Library of American Broadcasting gave the award at a ceremony in New York City this month.
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Radio One alleges ex-WTLC DJ violated 'payola' policy

October 25, 2013
Chris O'Malley
"Khris Raye" filed suit for breach of contract and back pay after being fired, and Radio One responded that the former disc jockey violated the station's policy for altering its playlist.
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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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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

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