Court upholds Emmis victory in unpaid-dividends case
A group of preferred shareholders had argued the Indianapolis company used a succession of illegal, sham transactions to wipe out tens of millions of dollars in dividend obligations.
A group of preferred shareholders had argued the Indianapolis company used a succession of illegal, sham transactions to wipe out tens of millions of dollars in dividend obligations.
Emmis Communications Corp., One Emmis Plaza, 40 Monument Circle, Suite 700, Indianapolis, 46204 (www.emmis.com), is a media company that owns radio stations and magazines.
National broadcaster iHeartMedia Inc. plans to saddle up for a shootout with local cowboy crooners WFMS-FM 95.5 and WLHK-FM “Hank” 97.1. It’s buying the local Radio Disney station at 98.3 FM.
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.
The departure of Kurt "Big Boy" Alexander from Emmis Communications' powerhouse Los Angeles radio station came at what was already a challenging time for the Indianapolis company.
Indianapolis radio station WRWM-FM 93.9 rocketed from the 15th-most-listened-to station in central Indiana in December to No. 1 in January—its first full month playing old school hip-hop.
The Emmis Communications Corp. CEO says widespread adoption of the service, which allows consumers to listen to terrestrial FM radio on smartphones, will usher in better times for the radio industry.
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.
Indianapolis-based Emmis Communications Corp. is a media company that owns radio stations and magazines.
Emmis Communications Corp. saw a slight increase in profit on higher revenue in the fiscal second quarter, the Indianapolis-based media company announced Thursday morning.
Canned by WIBC in June, Steve Simpson will leave the Indianapolis market to anchor the morning news for Minneapolis’ top news-talk station.
Indianapolis-based Emmis Communications Corp. executives believe their latest acquisition, a local flexible-pricing software firm called Digonex Technologies, can revolutionize any number of businesses, including radio.
The needle on radio revenue spiked in the first quarter for the Indianapolis broadcasting and publishing firm, but profit sank.
The decision earlier this month by WIBC-FM 93.1 to part ways with longtime newsman and host Steve Simpson has many radio listeners and advertisers wondering if straight-up news radio is dead.
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.
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.
Three Emmis Communications Corp. stations in February were near the top in local radio ratings, behind only Radio One’s No. 1 rated WHHH-FM 96.3, in the broad category of listeners age 6 and up.
Rumors of radio’s demise appear to be greatly exaggerated, at least for Indianapolis-based Emmis Communications Corp. Revenue for its radio and publishing arms continue to improve.
Emmis Communications Corp. said it will make good on a previously announced employee-retention plan that will shower 598 employees with $3.24 million in company stock.
WHHH-FM rises to the top of the dial with some recent fine-tuning, and as the top two country stations in the market duke it out for listeners.