October 15, 2010
J.K. WallThe 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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September 25, 2010
Greg AndrewsThe CEO thinks Emmis could cast off some big-market stations, raising ample cash to pay off the company’s bank debt
before it comes due in November 2013.
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September 16, 2010
Scott OlsonEmmis 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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September 15, 2010
Andrea Muirragui DavisEmmis Communications Corp. CEO Jeff Smulyan’s JS Acquisition LLC is suing its one-time financier for backing out of
a deal to take the Indianapolis-based media company private.
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September 11, 2010
Anthony SchoettleCongress 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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September 9, 2010
Scott OlsonEmmis, which has been awash in red ink, must contend with more than $340 million in debt after CEO Jeff Smulyan failed in
his attempt to purchase the company and take it private.
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September 9, 2010
Scott OlsonEmmis 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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September 4, 2010
Anthony SchoettleFormer IU basketball player and coach Dan Dakich is one of the hottest sports broadcasters in the Midwest, and he’s
about to take his act national.
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September 3, 2010
Cory SchoutenEmmis 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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September 2, 2010
J.K. WallEmmis 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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August 30, 2010
Scott OlsonA private-equity firm backing Emmis CEO Jeff Smulyan's buyout signed off on a compromise, but then changed its mind.
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August 30, 2010
Scott OlsonA 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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August 28, 2010
Kathleen McLaughlinPublic TV and radio broadcaster WFYI is counting on its listeners and viewers to open their wallets in a big way this fall,
as it gears up for a campaign to grow its endowment well beyond its current $2.2 million.
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August 27, 2010
Anthony SchoettleLocal media company still discussing deal with dissident shareholders, who refused to vote Friday evening. A new date for
another shareholders meeting is to be announced
Monday.
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August 20, 2010
Anthony SchoettleThe media company schedules another meeting for Aug. 27what will be the fourth in five weeksin hopes of gaining
enough
votes to take company off the public market.
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August 13, 2010
Scott OlsonEmmis shareholders are set to vote again Friday night on taking the company private, but the proposal could be in jeopardy
if a deal is not reached
soon, says one investment expert.
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August 7, 2010
IBJ StaffBrandon Gaudin will be the new radio voice of Butler University men’s basketball.
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August 6, 2010
Anthony SchoettleAs preferred shareholders continue holdout, Emmis postpones vote to take company private. Issue will be taken up again Aug.
13.
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August 4, 2010
Scott OlsonThe communications company said in a news release that CEO Jeff Smulyan is continuing to negotiate with a group of preferred
shareholders
and is considering another buyout option that would not require their consent.
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August 3, 2010
Scott Olson, J.K. WallEmmis Communications Corp. on Tuesday postponed a decision on CEO Jeff Smulyan's bid to take the company private, saying
it did not receive enough votes from shareholders to reach a quorum.
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August 3, 2010
J.K. WallOpposition by preferred shareholders has Emmis shares trading at more than 30 percent below the buyout price of $2.40 per
share.
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July 31, 2010
Anthony SchoettleEmmis Communications Corp. Chairman Jeff Smulyan’s effort to take the media company private could be derailed by a band
of preferred stockholders who oppose the plan.
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July 29, 2010
Anthony SchoettleJimmy "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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July 27, 2010
Shareholders sued to temporarily block the sale of the public company, which is set to be acquired by JS Acquisition LLC,
a private
company formed by Emmis Chairman and CEO Jeffrey H. Smulyan.
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July 20, 2010
Scott OlsonCommon 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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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.