A Monday morning announcement from Alden Global Capital puts CEO Jeff Smulyan’s efforts to take Emmis private in real jeopardy.
His attempts to sway preferred shareholders already have failed five times.
Local media company still discussing deal with dissident shareholders, who refused to vote Friday evening. A new date for
another shareholders meeting is to be announced
Monday.
Public TV and radio broadcaster WFYI is counting on its listeners and viewers to open their wallets in a big way this fall,
as it gears up for a campaign to grow its endowment well beyond its current $2.2 million.
After 31 years with the McGraw-Hill Cos., the last nine leading the local ABC affiliate, General Manager Don Lundy is calling
it quits.
The media company schedules another meeting for Aug. 27—what will be the fourth in five weeks—in hopes of gaining
enough
votes to take company off the public market.
Attorney General accuses David Caswell and New Century Publishing of violating state consumer protection laws by accepting
payment without providing publishing services. IBJ reported July 30 that several authors had paid New Century for books but
never received them.
Emmis has again delayed a shareholder vote to take the company off the public market. A new meeting is set for Aug. 20.
Emmis shareholders are set to vote again Friday night on taking the company private, but the proposal could be in jeopardy
if a deal is not reached
soon, says one investment expert.
The Indianapolis agency has scored a string of new accounts, and company officials say revenue will be up this year.
MZD Advertising is stepping outside the realm of traditional agency work to grow its revenue stream. In the process, it’s
attempting to bring a new form of auto racing to Indianapolis.
The longtime state representative is merging his communications firm into Louisville-based Peritus, which has offices in five
states.
As preferred shareholders continue holdout, Emmis postpones vote to take company private. Issue will be taken up again Aug.
13.
ABC station did not renew Todd Wallace's contract after three years, instead recruiting Todd Connor, an ABC News correspondent.
Wallace's co-anchor, Trisha Shepherd, will stay on.
Brandon Gaudin will be the new radio voice of Butler University men’s basketball.
The communications company said in a news release that CEO Jeff Smulyan is continuing to negotiate with a group of preferred
shareholders
and is considering another buyout option that would not require their consent.
Emmis Communications Corp. on Tuesday postponed a decision on CEO Jeff Smulyan's bid to take the company private, saying
it did not receive enough votes from shareholders to reach a quorum.
Opposition by preferred shareholders has Emmis shares trading at more than 30 percent below the buyout price of $2.40 per
share.
Emmis Communications Corp. Chairman Jeff Smulyan’s effort to take the media company private could be derailed by a band
of preferred stockholders who oppose the plan.
The Indiana Veterinary Medical Association hired the local agency to develop a new branding and identity campaign.
The tabloid relies on the same open-records laws that give mainstream news outlets access to information about arrests, including
photos.
