February 3, 2012
Scott OlsonThe sports network originally considered broadcasting from Monument Circle, but chose the plaza because the location has Lucas
Oil Stadium as an ideal backdrop.
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January 21, 2012
Greg AndrewsThe 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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January 12, 2012
Scott OlsonThe media company's $110.9 million quarterly profit was largely due to the sale of three radio stations and the repurchase
of preferred stock. Revenue fell 11 percent.
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December 17, 2011
Anthony SchoettleRadio station WFNI-AM 1070 is challenging some FM music stations in the battle for male listeners.
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November 22, 2011
Greg AndrewsThe transaction with New York-based Alden Global Capital, the largest holder of Emmis preferred stock, is expected to end
more than a year of legal wrangling involving the two companies.
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November 19, 2011
IBJ StaffIndianapolis-based Emmis Communications Corp. sued a former board member Friday, claiming he leaked information that caused
a major holder of preferred stock to drop plans to resell those shares back to the company.
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October 27, 2011
Cory SchoutenSeveral local radio employees lost their jobs this week in a round of layoffs by San Antonio-based Clear Channel, the parent
company of WRZX-FM 103.3, WFBQ-FM 94.7 and WNDE-AM 1260.
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October 13, 2011
Anthony SchoettleIndianapolis-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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September 2, 2011
IBJ StaffThe day before closing on a $120 million sale of three radio stations, Emmis was warned about non-compliance with NASDAQ's
minimum-price rule for the third time in two years.
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August 11, 2011
J.K. WallAbdul-Hakim Shabazz said his morning radio show on WXNT-AM 1430 will be replaced by the syndicated "Wall Street Journal
Report" on Monday in a cost-cutting decision by Entercom Communications Corp.
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July 20, 2011
Anthony SchoettleDuring the quarter ended May 31, ratings at Emmis Communications' four local stations greatly outpaced other stations in the
market.
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July 13, 2011
Scott OlsonFor the quarter ended May 31, Emmis suffered a loss of $4.5 million, or 12 cents a share, compared with a loss of $3.9 million,
or 10 cents a share, in the same period last year.
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June 25, 2011
Greg AndrewsEmmis' sale of two stations in Chicago and one in New York City will allow the company to chop more than $100 million
off its $331 million in long-term debt—clearing the way for it to arrange a refinancing under favorable terms.
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June 21, 2011
IBJ StaffEmmis Communications Corp. has reached an agreement to sell three big-market radio stations to a partnership involving a private
equity firm and a prominent media executive, the company disclosed Tuesday morning.
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May 10, 2011
Scott OlsonThe Indianapolis-based media company said an improving economy helped it cut its losses as revenue from radio operations grew
4.3 percent. Still, the company continues to struggle with a heavy debt load.
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May 3, 2011
Scott OlsonRupert Boneham has created a casino table game and is searching for investors to help market it. A portion of the game's revenue
will benefit his Indianapolis charity, Rupert's Kids.
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April 22, 2011
Kathleen McLaughlinPublic radio station WFYI will be comfortably ahead of its fundraising goal when an on-air drive wraps up Friday evening.
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April 21, 2011
Francesca JaroszThe Indiana Chamber of Commerce, which has overseen the Economic Club of Indiana for the last three and a half years, will
end its relationship with the group after May's luncheon.
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March 28, 2011
Emmis Communications Corp. is accusing Alden Global Capital, which once backed Emmis CEO Jeff Smulyan's attempt to take the
company private, of violating the "short-swing rule." This is the third suit involving the parties since Smulyan called off
the move last year.
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March 26, 2011
Anthony SchoetleSmall Franklin station has survived loss of ESPN affiliation, emergence of better-funded competitors.
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February 24, 2011
Scott OlsonBoost 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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February 18, 2011
J.K. WallIn 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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February 11, 2011
Scott OlsonStock 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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February 9, 2011
Mason King
How 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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February 7, 2011
Scott OlsonAlden 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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Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.
Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.
Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans
Actually, it was Greenspan who encouraged the elderly to refinance their homes, using their equity to boost the economy after 9/11. In addition, it was George Bush and Barney Frank who jointly suggested that everyone should hold a piece of the rock. It was the Bush Administration, namely Treasury Secretary Paulson who deregulated Wall Street and Lenders such as Countrywide, Washington Mutual, Wachovia, Bank of America, and Wells Fargo. When the TARP Bailout Proposal went to Capitol Hill in October 2008, Treasury Secretary Paulson asked for, and received, full immunity from future prosecution, dating back to his time as CEO of Goldman Sachs, the co-recipient of the initial $350 Billion Dollar Tarp Bailout Payment for Wall Street, back in October 2008. It was the US Treasury and the Federal Reserve, both controlled by the Bush Administration, that created sub-prime mortgages, starting in 2004. Many members of the House and Senate, on both sides of the aisle, benefited from home mortgage refinancing. Banks, appraisers, and realtors pushed people into home mortgages they had no business accepting, based on claims that the housing market would only get better. Average Americans did not create Credit Default Swaps, I think those creations happened on Wall Street. Spend some time at the library, you will be shocked by what your research brings forth.
They need to pay their fines and the judge blocking the fines needs to be investigated. I'm sick and tired of democrats and their spending. We went broke with every dem as gov. too. Pat Bauer needs to go!