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Radio
Radio vets Cosby, Stuck among Clear Channel layoffs
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.
MoreEmmis finds silver lining despite deep losses in 2Q
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.
MoreStruggling Emmis faces NASDAQ delisting again
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.
More'Abdul in the Morning' show to end Friday
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.
MoreEmmis' local radio stations get big lift from new ratings system
July 20, 2011
Anthony SchoettleDuring the quarter ended May 31, ratings at Emmis Communications' four local stations greatly outpaced other stations in the
market.
MoreEmmis reports larger quarterly loss, higher revenue
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.
MoreSmulyan says Emmis ready 'to go back on offensive'
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.
MoreEmmis selling three major radio stations
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.
MoreEmmis reports smaller annual loss on higher revenue
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.
More'Survivor' star looking for investors for casino game
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.
MoreWFYI sets on-air fundraising record
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.
MoreEconomic Club of Indiana getting new manager
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.
MoreAnother suit filed in Emmis, financier dispute
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.
MoreWXLW beats odds to stay in sports-talk radio
March 26, 2011
Anthony SchoetleSmall Franklin station has survived loss of ESPN affiliation, emergence of better-funded competitors.
MoreLocal firm making noise with app for radio stations
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.
MoreFinancier in botched deal sues Emmis over loan to Smulyan
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.
MoreEmmis likely escapes NASDAQ-delisting danger
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.
MoreLEADING QUESTIONS: Abdul airs take on punditry, influence
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.
Emmis decision to pay CEO legal fees illegal, financier says
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.
MoreCumulus Media to buy out radio partners for $740M
February 1, 2011
IBJ StaffAtlanta-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.
MoreEmmis still facing NASDAQ-delisting danger
January 26, 2011
Scott OlsonAfter an eight-day trading stretch in which its shares traded above $1 each, Emmis stock fell to 97 cents on Tuesday, below
an important NASDAQ exchange threshhold.
MoreEmmis surges as industry anticipates radio sale
January 13, 2011
J.K. WallEmmis 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.
MoreEmmis 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.
MoreEmmis faces NASDAQ delisting danger again
November 7, 2010
IBJ StaffEmmis 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.
MoreNew tool shuffles radio ratings
October 23, 2010
Anthony SchoettleA 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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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.