Emmis turns quarterly profit despite shrinking revenue
Revenue declines were expected because Emmis has sold off five radio stations and most of its publishing assets since the beginning of 2017.
Emmis Communications
Articles
Emmis CEO says he’s preparing to diversify, not wind down
While it might appear that Jeff Smulyan is preparing to either liquidate or parachute out of the company he founded in 1979, he says that couldn’t be further from the truth.
Radio giant iHeartMedia files for bankruptcy
The San Antonio-based company is the second major radio player in the Indianapolis market to seek bankruptcy protection in recent months. In November, Atlanta-based Cumulus Media filed for Chapter 11.
iHeart Media on verge of filing bankruptcy
The San Antonio-based company would be the second major radio station owner in the Indianapolis market to file for Chapter 11 in recent months. Atlanta-based Cumulus Media filed in November.
Emmis shares jump on $60M sale of St. Louis stations
Indianapolis-based Emmis Communications Corp. said it will use proceeds from the sales to pay down debt.
Judge rules in favor of Emmis in sexual harassment lawsuit
Judge Jane Magnus-Stinson found that former employee Kristine Esser Slentz "failed to demonstrate that the alleged harassment was severe or pervasive enough to rise to the level of a hostile work environment.”
Emmis selling all four of its St. Louis radio stations
Indianapolis-based Emmis Communications Corp. on Tuesday announced it has deals to sell all of its radio stations in St. Louis to two different buyers, leaving it with stations in only three markets.
Emmis suffers quarterly loss on lower revenue
The Indianapolis-based media company reported a money-losing quarter as radio revenue continued to slump.
Smulyan’s willingness to help out has led him in many directions
Broadcast executive Jeff Smulyan’s career-spanning commitment to Indianapolis earns him the distinction of being the 24th recipient of IBJ’s Michael A. Carroll Award.
Emmis reports big quarterly profit thanks to radio station sale
Emmis said it used the $82.8 million sale of Los Angeles radio station KPWR-FM to drastically slash its debt obligations.
FCC boss sides with Emmis in battle over iPhone’s FM feature
In the wake of devastating hurricanes, FCC Chaiman Ajit Pai is urging Apple to enable its iPhones as FM radio receivers. If Apple complies, that would give Emmis’ NextRadio operation a big boost.
Emmis Communications takes quarterly loss as revenue declines
Revenue declines were expected because Emmis sold off four radio stations and most of its publishing assets over the past year.
PROXY CORNER: Emmis Communications Corp.
Indianapolis-based Emmis Communications Corp. is a media company that owns 16 FM and three AM radio stations, as well as Indianapolis Monthly magazine.
Emmis reports quarterly loss on shrinking revenue
Radio revenue fell from $36.5 million to $34 million and publishing revenue dropped from $14.2 million to $9.2 million in the period.
Emmis sells powerhouse Los Angeles hip-hop station for $83M
KPWR-FM, which Emmis has owned for 32 years, has long been one of the most popular stations in the massive Los Angeles media market. Emmis shares soared after the announcement.
WIBC overhauling on-air lineup as Garrison departs
“Chicks on the Right” and “Hammer & Nigel” are changing time slots. Abdul-Hakim Shabazz’s weeknight show is going off the air. And local listeners will get more Tony Katz.
Emmis to sell off more radio assets after new agreement with lender
Under the terms of a newly renegotiated credit agreement, Emmis has until next summer to sell off at least $80 million in assets.
The Fan putting local shows on new frequency to cure interference issue
Starting soon, many central Indiana sports-talk fans will no longer be able to hear programming from The Fan on 93.5 FM, where it’s been heard since November 2015.
Emmis revenue falls, but profit rises on sale of Texas Monthly
Emmis Communications Corp. on Thursday announced quarterly results that “disappointed” CEO Jeff Smulyan.
Murky path ahead for Smulyan and Emmis
Experts disagree about Emmis Communications Corp.’s immediate prospects, but there’s almost unanimous agreement that the company will chug forward as long as Jeff Smulyan drives the locomotive.