Emmis Communications Corp. reported an big increase in fourth-quarter and full-year radio station revenue, but took a sizable loss due to a one-time, non-cash charge to reflect reductions in the value of station licenses it owns.
Emmis Communications Corp. saw a drop in overall profit in its latest quarter, but the Indianapolis-based media company realized a big jump in radio station revenue and operating income, it reported Thursday morning.
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.
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.
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.