Omnicity continues wireless broadband acquisition spree
Omnicity makes seventh acquisition since going public in February. The Rushville company aims to be nation’s largest wireless
broadband provider in rural markets.
Communications
Articles
Indiana, Michigan library groups merge to cut costs
The Indiana Cooperative Library Services Authority, known as ICOLSA, has merged with the Michigan Library Consortium to form
the Midwest Collaborative for Library Services.
Smulyan signs new contract to lead Emmis
Jeff Smulyan agrees to terms on a new three-year contract to lead Emmis. Signing and performance bonuses could lead to big
pay raise.
Radio giant Citadel files for bankruptcy protection
Las Vegas-based Citadel Broadcasting, which owns three radio stations in Indiana, filed for Chapter 11 bankruptcy protection
on Sunday in an effort to restructure its hefty debt load.
Basketball tournament expansion could pay off for NCAA
The NCAA might expand its annual men’s tournament from the current three-week, 65-team format
to one featuring an added week and a whopping 96 teams. Proponents of the plan say it will generate a bigger
television rights-fee deal for the not-for-profit NCAA, which disperses 95 percent of the income to member institutions.
Fishers-based Buckaroo Marketing grows with acquisition
The firm founded in 1999 recently announced it bought Indianapolis-based Zent Consulting. Financial terms
of the deal were not disclosed.
Danica Patrick’s NASCAR move could fuel MainGate growth
MainGate holds an exclusive license to make and sell Patrick’s IRL-centric merchandise, and is
now in negotiations with New York-based IMG to get part of her NASCAR-related business.
Entrepreneur parlays love of cars into successful media company
Donnie Babb’s Gauge Media Group started in his basement at tortoise speed but now churns out $2 million
in sales with a staff of nine full-time and 15 part-time employees.
Bank slogan gets acid test
The banking crisis isn’t the only reason to rethink the ubiquitous “We care” theme.
Just Marketing expands deal with Johnnie Walker
Indianapolis-based Just Marketing International recently signed a deal to handle public relations globally for Johnnie
Walker’s Formula One racing account.
Hotel TV program touts Indianapolis, helps businesses reach travelers
Indianapolis Visitors Channel, which airs on closed-circuit networks
in more than 6,400 area hotel rooms, highlights some of the city’s most popular attractions and promotes local businesses—both
through traditional advertising and sponsored features.
Format change likely in offing for 107.9 FM
Local radio station WNTR-FM 107.9, known as The Track, has dismissed four staff members and started playing holiday music
in what observers say is likely leading to a format change.
Bob & Tom keep Q95 on a roll even as classic-rock format shows age
Q95’s Tom Griswold and Bob Kevoian have maintained their lofty ratings, keeping the Clear Channel Radio station near the top
of the Indianapolis radio market.
New high-definition technology transforming television advertising in Indianapolis
Red Digital Cinema Technology gives video producers the ability to shoot in high-definition quality without
the expense of film, and local advertisers are taking advantage.
Horizon League wins acclaim for its Web-based sports network
Horizon League Commissioner Jon LeCrone never envisioned himself getting into the television business. But that
changed in 2004 when he saw a Butler University women’s basketball game being aired on a laptop computer.
Sign proposed for IBJ building requires public hearing
The parent company of Indianapolis Business Journal has filed plans to add a sign with an electronic-message component outside
the newspaper’s headquarters at 41 E. Washington St.
WFYI boss elected to national PBS board
Lloyd Wright, president and CEO of WFYI Public Broadcasting, has been elected to the PBS board of directors. He will serve
a three-year term.
Book will be tribute to late Emmis executive Tom Severino
Former Emmis Communications Corp. employee Jon Quick is writing a tribute book to the late Tom Severino, vice president
and general manager of Emmis’ Indianapolis operations, who lost his battle with lung cancer earlier this year.
Emmis stock closes at $1.53, avoids delisting
Shares of Indianapolis-based Emmis Communications Corp. closed Monday at $1.53, the 10th straight day the stock has finished
trading above $1—preserving the company’s listing on the NASDAQ stock exchange.
Challenges remain for Emmis despite NASDAQ save
Shares of Indianapolis-based Emmis Communications Corp. closed Monday at $1.53, the 10th straight day the stock has finished
trading above $1—preserving the company’s listing on the NASDAQ stock exchange, but big challenges remain for the locally
based owner of radio stations and magazines.