MORRIS: Charging for online content makes sense
A business model that provides mostly free digital content can’t continue in the long term.
Media & Marketing
Articles
Meteorologist Buchman leaves WISH-TV, as expected
Popular meteorologist Angela Buchman has left WISH-TV Channel 8 as expected and is likely to be off the air for a year until she joins competitor WTHR-TV Channel 13, according to several local broadcast television sources.
Star‘s labyrinth of aging buildings complicates sale, reuse
Local real estate pros say finding a reuse for the Indianapolis Star's HQ will be tricky. The newspaper is selling its labyrinth of buildings at 307 N. Pennsylvania St., which have multiple floor levels, narrow hallways and a basement built to house printing presses.
‘Creating a vision’ is job one for IDI’s new president
Sherry Seiwert, former executive director of the Indiana Housing and Community Development Authority, begins Aug. 6 as president of Indianapolis Downtown Inc., the group that charges itself with developing, maintaining and promoting the heart of the city.
Chicago tourism push increases pressure on Indianapolis
Chicago tourism officials earlier this year unleashed a major advertising campaign that threatens to encroach on one of Indianapolis’ primary leisure travel segments. The Second City for the first time ever is marketing itself to other cities in the Midwest, such as St. Louis and Cincinnati, that are key targets for Indianapolis.
Emmis to delay shareholder vote until judge rules
Emmis Communications Corp. told a U.S. judge it will delay a scheduled Aug. 14 shareholder vote that could wipe out $34 million in unpaid preferred stockholder dividends until after she rules on a bid to block the balloting.
Emmis shareholders fight bylaw changes on dividends
Investors asked U.S. District Judge Sarah Evans Barker in Indianapolis for an order blocking a special meeting at which Emmis shareholders will be asked to approve bylaw changes wiping out more than $34 million in accrued and unpaid preferred stock dividends.
Star putting downtown headquarters on market
The Indianapolis Star plans to sell its headquarters building at 307 N. Pennsylvania St. and seek modern office space elsewhere downtown, the newspaper said Friday afternoon.
Angie’s List shares plunge after wider quarterly loss
Angie's List Inc. saw revenue jump 74 percent in the second quarter, but the Indianapolis-based contractor-ratings service continued to see growing losses as the result of higher marketing expenses. The company’s stock fell more than 10 percent Thursday.
Indianapolis Star to introduce online pay model
After more than 10 years of providing free online content, the Indianapolis Star is laying the foundation for a pay-per-view system that would cost online-only readers about $13 a month, industry sources said.
Lottery could expand to grow state’s take
The $791 million Hoosier Lottery threw open bidding July 11 for a 10-year contract on marketing, sales and distribution services. The lottery wants to be among the fastest-growing in the country, and it’s looking to the gambling industry to help it reach that goal.
Author Solutions acquired by Pearson for $116M
London-based Pearson Plc has purchased Bloomington-based self publisher Author Solutions Inc., which has about 400 employees, most of whom are in Indiana, and had revenue in 2011 of $100 million.
Quarterly profit, revenue slides at Emmis
The Indianapolis-based media company reported a larger loss on falling revenue in its fiscal first quarter, mostly due to the sale of a group of radio stations and cheaper advertising rates.
IndyCar seeks presenting sponsor, bigger schedule
IndyCar Series officials have approached two of its existing sponsors, Verizon Wireless and Firestone, about becoming the open-wheel race series’ presenting sponsor, a deal motorsports business experts said could be worth $3 million annually.
Lawsuit: Smulyan angling for Emmis buyout
Jeff Smulyan has been considering a new plan to buy out other Emmis Communications Corp. shareholders—a deal that could clear the way for him to finally take the Indianapolis media company private. But Emmis’ founder and CEO insists he has no plans to do so.
Bold challenge to country giant WFMS paying off for Hank
After more than two decades as one of the Indianapolis market’s top ratings- and revenue-generators, country radio station WFMS-FM 95.5 is getting some serious competition from relative newcomer WLHK-FM 97.1—popularly known as Hank.
Local ad firm BrandWidth rebounds after internal turmoil
BrandWidth puts legal scuffle behind it, emerges to nab several national accounts.
Google unveils biz photo service in Indianapolis
The interactive virtual tour gives customers a glimpse of the layout and decor of a business without setting foot inside the location. For St. Elmo Steak House, where the service was introduced locally, it was an easy sell.
IBJ collects 9 print, online journalism awards
IBJ’s awards included a gold for the Health Care & Reform newsletter and a bronze for best website.
WTHR launching Spanish news webcast
The webcast will be recorded in the Channel 13 studios and will provide news updates, weather and sports in Spanish each weekday. It will be co-anchored by Marco Dominguez and Rossina Lazaneo.