Alden Global, which is taking aim at the Gannett newspaper chain, is run by a hedge fund exec known in some circles as “the Gordon Gekko of newspapers.”
Gannett's board said it will "carefully review the proposal," which values the company at $12 a share, a 23 percent premium to Gannett’s closing price on Friday.
The frenzy of deal-making inevitably leads to speculation about the future of WTHR-TV Channel 13—which, incredibly, has been under the ownership of the same family—the Wolfes of Columbus, Ohio—since 1975.
Terraboost Media—which places hand-sanitizer dispensers with poster-size advertisements in businesses—picked the northeast side for its fourth U.S. office.
The five stations with the highest market share in the Indianapolis market last month count people 45 or older as a considerable part of their audiences.
The buzzword in mobile is 5G—the newest generation of wireless service that promises more speed and better connectivity for smartphones, internet-connected devices and even autonomous cars.
Candidates running at all levels of government have turned to cheaper and potentially more effective social media ads to reach voters.
The platform is designed to track social media posts and use that information to alert emergency responders and event organizers of problems or potential problems within a specified geographical area.
When Andrew Luck came into the NFL as the No. 1 overall pick in the 2012 draft, local and national advertising experts called him a marketer’s dream. Now, many see a question mark.
According to the station, the story Lamey told that got him into trouble was a retelling of story Daly told nearly 35 years ago.
In the week before announcing his retirement as the radio play-by-play announcer for the Indianapolis Colts, broadcaster Bob Lamey used a racial slur while telling a story in the presence of a black radio station employee, according to a media report.
The 79-year-old Lamey has worked 31 seasons as the club’s radio play-by-play voice, serving from 1984 to 1991 and again from 1995 to 2018.
The team outperformed expectations in 2017-18, when just one of its regular-season games was on national television.
Had the deal gone through, it would have reshaped the Indianapolis television landscape. Chicago-based Tribune owns WTTV-TV Channel 4 and WXIN-TV Channel 59.
Mother-daughter duo Karen Laine and Mina Starsiak plan to tap new neighborhoods, open a retail shop and further expand into vacation rental properties.
Forty years after starting an ad agency bearing his name, Tom Hirons is letting go of the steering wheel.
St. Vincent, one of the oldest and most familiar names in Indiana’s hospital landscape, is about to undergo the most sweeping rebranding in its history.
Chief Justice John Roberts, joined by the court’s four liberals in the 5-4 decision, wrote that “an individual maintains a legitimate expectation of privacy in the record of his physical movements” as they are captured by cellphone towers.