Smulyan buyout plan could take Emmis full circle
The going-private deal he worked out—with New York-based Alden Global Capital—could result in another public offering
five years from now.
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UPDATE: Lawsuits could still go forward, despite Emmis deal
Company shareholders challenging the transaction to sell Emmis Communications Corp. still could be awarded damages despite
the board’s decision to OK the deal, lawyer says.
CEO Smulyan gets OK to take Emmis private
Emmis Communications Corp. agreed to be acquired for about $90 million by closely held JS Acquisition LLC, a company formed
by Emmis CEO Jeff Smulyan.
Sports talk host JMV lands at Emmis station
JMV’s new show, “The Ride,” will run weekdays from 3 p.m. to 7 p.m starting Monday.
Shareholders sue to block deal to take Emmis private
The lawsuits, filed in Marion Superior Court, say board members have breached fiduciary duties by making no recommendation
on deal that, they say, will enrich Chairman Jeff Smulyan at the expense of minority shareholders.
Missed payments force Emmis to add independent directors
Preferred stockholders, owed about $14 million after six consecutive quarters of missed dividends, will elect two new members
to media firm’s board at its July 14th annual meeting.
Columnist Kravitz dropped from radio show
Sports columnist Bob Kravitz made his final appearance on The Fan’s afternoon radio show on Monday. Emmis Communications Corp.
executives said the decision was based, in part, on the show’s “financial performance.”
Hungarian court’s decision favors Emmis
The court on Tuesday ruled in favor of Emmis in its bid to get a popular radio station it operates in Hungary back on the air.
Q95 fires ‘Mad Dog’ Matis
An employee of WFBQ-FM 94.7 since 1986, popular radio personality Jimmy “Mad Dog” Matis has been dismissed.
Hungarian court decision could favor Emmis station
A Hungary radio station operated by Emmis until late last year might broadcast again following a court decision.
Radio giant Citadel files for bankruptcy protection
Las Vegas-based Citadel Broadcasting, which owns three radio stations in Indiana, filed for Chapter 11 bankruptcy protection
on Sunday in an effort to restructure its hefty debt load.
Emmis loses license to operate Hungarian station
Hungarian officials took off the air Wednesday a national radio station operated by Emmis Communications Inc. and awarded
the license to one of the country’s political parties.
Book will be tribute to late Emmis executive Tom Severino
Former Emmis Communications Corp. employee Jon Quick is writing a tribute book to the late Tom Severino, vice president
and general manager of Emmis’ Indianapolis operations, who lost his battle with lung cancer earlier this year.
Emmis stock closes at $1.53, avoids delisting
Shares of Indianapolis-based Emmis Communications Corp. closed Monday at $1.53, the 10th straight day the stock has finished
trading above $1—preserving the company’s listing on the NASDAQ stock exchange.
Challenges remain for Emmis despite NASDAQ save
Shares of Indianapolis-based Emmis Communications Corp. closed Monday at $1.53, the 10th straight day the stock has finished
trading above $1—preserving the company’s listing on the NASDAQ stock exchange, but big challenges remain for the locally
based owner of radio stations and magazines.
Emmis on way to avoiding stock delisting
Indianapolis-based media company Emmis Communications Corp. is halfway home to maintaining its listing on the NASDAQ stock
exchange.
Local radio ratings race tightening
The latest Arbitron Inc. radio ratings show the central Indiana market is becoming far more competitive, with the top
stations separated only by fractions of a point. WFMS-FM slipped, but remained No. 1, while urban stations WHHH-FM and WTLC-FM
climbed into the next two spots.
Emmis smacked with quarterly loss of $135M
Emmis Communications Corp. suffered a whopping loss of $135.6 million in its most recent fiscal quarter, the Indianapolis-based
media company reported Friday morning.
New Emmis exec Charlie Morgan faces big challenges as he re-enters radio
When local radio industry veteran Charlie Morgan stepped down as president of Indianapolis Motor Speedway Productions last
month, it could’ve appeared he was trying to escape the daunting problems of open-wheel racing. Unless you considered
where he was going.
Emmis executive high on company’s outlook, despite NASDAQ threat
An executive of Emmis Communications Corp. is optimistic the company’s performance will improve enough to boost its stock
price above $1, eliminating the threat of being delisted by NASDAQ.