Lucas Oil sells Indianapolis-based motorsports TV network
MAVTV has been owned by Lucas Oil Co. since 2011. The network and its new mobile application are expected to broadcast a combined 300 or more live races this year.
Magazines
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Q&A with Le’Deana Brown, magazine founder and cultural connector
Brown spoke with IBJ about Midwest Leak magazine, the magazines she read as an adolescent, why she opened a community gathering space and what it’s like to be part of the “Keepers of Culture” mural.
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Articles
Q&A: Polina Osherov on St’artUp 317
Pattern Indy Editor-in-Chief Polina Osherov sat down with IBJ to talk about the third season of St’artUp 317, a program by the magazine and Indy Chamber that pairs underused first-floor commercial spaces in commercial corridors with artists, creators and producers looking for retail space.
Indianapolis Monthly embracing digital future
Indianapolis Monthly is not abandoning print. But the 42-year-old magazine is making a serious push into digital in an effort to grow its reach—and eventually revenue.
Q&A with Rickie Clark, founder of Diversity Focus Today magazine
The magazine—distributed to companies, retailers, schools, colleges, libraries and newsstands throughout the Indianapolis area—casts a wide net in its definition of diversity, covering stories about African, Asian, Hispanic and Native Americans as well as women, veterans, seniors, LGBTQ and disabled Hoosiers.
Indianapolis Monthly to vacate longtime offices, make way for STAR Bank on Circle
The bank will use the three-story building that fronts Monument Circle for lending offices and a branch location. The magazine’s staff plans to move into the adjacent headquarters for Emmis Communications.
Saturday Evening Post puts massive historic archive online
The Indianapolis-based Saturday Evening Post Society, which publishes the magazine, said it required a “10-year labor of love of meticulous in-house scanning and digitizing” to archive almost 200 years of American history contained in the publications.
Salesforce CEO Benioff acquires Time magazine for $190 million
The purchase of Time by Marc Benioff continues a trend of acquisitions of old-line media institutions by wealthy tech giants.
Emmis sells four of its five remaining magazines for $6.5M
With the deal, Emmis Communications Corp. has divested all its publishing assets except for Indianapolis Monthly, which it intends to continue to operate.
Emmis announces sale of Texas Monthly as part of effort to go private
The announcement comes on the eve of the latest deadline that CEO Jeff Smulyan set for shareholders to accept his offer to buy back the company’s stock and one day after Emmis said it would sell four Terre Haute radio stations.
Indianapolis Monthly lands new editor, a prior victim of layoff
Michael Rubino, former senior editor for Indianapolis Monthly, has been named editor-in-chief after the departure of Amanda Heckert, who ran the city mag since 2012.
Emmis plans reverse stock split ‘if necessary’ to remain listed on Nasdaq
Emmis received a letter from the stock exchange in December notifying the company that its stock had closed below its minimum $1-per-share requirement for 30 straight business days.
Nasdaq rules give Emmis 180 days, or until June 6, to get back in compliance.
Steak n Shake’s Biglari set to become editor of Maxim
Sardar Biglari, CEO of the investment company that owns Indianapolis-based Steak n Shake, is expected to become editor-in-chief of Maxim, according to a report by Politco, taking control after a high-profile effort to revamp the magazine proved unsuccessful.
FAKLARIS: Can virtual reality be a ‘killer app’ for journalists to tell great stories?
Recent experiments show VR can be an effective “you are there” storytelling technique for journalism.
Two Indy publications sold to New York-based firm
Longtime local publisher Ted Fleischaker has agreed to sell his two print publications—The Word and Up Downtown—to New York-based publisher Gaycation Magazine.
Content aggregator attracts $3.2 million in funding
ZergNet.com, an Indianapolis-based Internet company that can claim billionaire Dallas Mavericks owner Mark Cuban as its seed funder, has added more financial backers.
Forbes touts Indiana’s economic record, Pence’s resume
Publisher Steve Forbes tells IBJ why Indianapolis will host a national conference on innovation, why Gov. Mike Pence would make a good presidential candidate, and how the GOP should advance its agenda.
Profit dips for Emmis despite boost from new stations
The needle on radio revenue spiked in the first quarter for the Indianapolis broadcasting and publishing firm, but profit sank.
Emmis mag sues New York Times over editor hire
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.
Autism magazine to stage fundraiser
Noblesville-based Autism Companion Magazine will bring television actress Holly Robinson Peete to give the main speech at the first Have A Heart for Autism dinner on April 23 at the Indianapolis Colts Pavilion, 7001 W. 56th St.
Suburban news pubs headed for more mailboxes
Following the recent launch of magazine-style community newsletters in four more northern Indy communities, TownePost plans to add Greenwood to its stable.