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.
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.
Indianapolis-based media company Emmis Communications Corp. is halfway home to maintaining its listing on the NASDAQ stock
exchange.
The latest Arbitron Inc. radio ratings show the central Indiana market is becoming far more competitive, with the top
stations separated only by fractions of a point. WFMS-FM slipped, but remained No. 1, while urban stations WHHH-FM and WTLC-FM
climbed into the next two spots.
Emmis Communications Corp. suffered a whopping loss of $135.6 million in its most recent fiscal quarter, the Indianapolis-based
media company reported Friday morning.
When local radio industry veteran Charlie Morgan stepped down as president of Indianapolis Motor Speedway Productions last
month, it could’ve appeared he was trying to escape the daunting problems of open-wheel racing. Unless you considered
where he was going.
An executive of Emmis Communications Corp. is optimistic the company’s performance will improve enough to boost its stock
price above $1, eliminating the threat of being delisted by NASDAQ.
Emmis Communication Corp.’s WIBC-FM 93.1 won the 2009 Marconi Radio Award for Large-Market Station of the Year yesterday in
a ceremony in Philadelphia.
NASDAQ has notified Emmis Communications Corp. that it is in danger of being delisted if the company’s stock doesn’t rise
above the minimum bid price of $1 per share within the next six months.
Firefighters are making progress on a major wildfire north of Los Angeles that is burning perilously close to Mount Wilson,
home to transmission towers used by Indianapolis-based Emmis Communications Corp. and other broadcasters.
A major wildfire north of Los Angeles is perilously close to Mount Wilson, home to transmission towers used by Indianapolis-based
Emmis Communications Corp. and other broadcasters. "Mount Wilson is at risk due to the wildfires, and we are
monitoring the situation closely," Emmis Chief Operating Officer Patrick Walsh said in an e-mail this morning.
Long-time radio veteran Charlie Morgan is leaving his post heading up broadcasting for Indianapolis Motor Speedway and Indy
Racing League to lead Emmis Communications Corp. radio stations in Indianapolis.
Let’s play the contrarian. For Emmis, that means arguing that the battered company is poised for resurgence, rather than sliding
deeper into the abyss.
Emmis Communications Corp. reported a quarterly profit today after buying back a big chunk of its own debt on the cheap, but
the outlook for the company remains grim. The radio broadcaster and magazine publisher saw revenue plunge 27 percent.
Radio executive Tom Severino, who managed four local stations for Indianapolis-based Emmis Communications Corp., died yesterday
after a five-month battle with cancer. Severino, 57, was vice president and general manager of WIBC-FM 93.1, WLHK-FM 97.1,
WFNI-AM 1070 and WYXB-FM 105.7.
If you don’t get your fireworks fix on July 4, you’ll no longer have another chance this year to be awed by the colorful displays.
This economy has been tough on just about everybody.
No matter what your choice of media, you can’t escape the news about companies and entire industries challenged by the recession. But what about the folks doing all that reporting?
Would embattled Emmis Communications Corp. sell its Monument Circle headquarters, a prized development that opened a decade
ago at what then-Mayor Steve Goldsmith called "the most important site in the city and the very center of Indiana?"
Indianapolis based Emmis Communications Corp. signed a three-year deal to produce and publish the Indianapolis Convention & Visitors
Association’s
semi-annual visitors guide, convention planners guide and other tourism-related publications and materials.
The millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value,
leaving them way, way below break-even.
