LEADING QUESTIONS: Abdul airs take on punditry, influence
How is talk-radio host Abdul-Hakim Shabazz like the Wizard of Oz? Were his barbs about an IPS official "over the top"? Does he really have the governor’s ear? He's taking your calls.
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Emmis decision to pay CEO legal fees illegal, financier says
Alden Global Capital, a firm Emmis CEO Jeff Smulyan is suing for backing out of a deal to finance his efforts to take Emmis private, charges that a $200,000 loan Emmis made to pay his legal fees violates the Sarbanes-Oxley Act.
Cumulus Media to buy out radio partners for $740M
Atlanta-based Cumulus Media Inc. said late Monday it has agreed to acquire its partners’ interest in a venture that owns 32 radio stations in nine cities, including three in Indianapolis. No local changes are expected.
Emmis surges as industry anticipates radio sale
Emmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares gained another 13 percent on Thursday.
Emmis reports $1.6 million quarterly loss
The Indianapolis-based media company suffered a loss in the fiscal third quarter despite a 3-percent rise in revenue.
Emmis faces NASDAQ delisting danger again
Emmis Communications Corp. spent much of last year in danger of being delisted from the NASDAQ stock exchange. Now, it’s back in the same precarious position.
New tool shuffles radio ratings
A new method of measuring radio listening habits has shaken up local station ratings, sending radio operators scrambling to re-evaluate formats and ad pricing.
Emmis loss shrinks as radio stations produce more cash
The Indianapolis-based media company announced this morning that it lost $2.3 million in the latest quarter, down from a whopping $135.6 million in the same period a year earlier.
Failed bid to take Emmis private costing millions
Emmis CEO Jeff Smulyan's JS Acquisition LLC has racked up takeover expenses of $10.2 million, a figure that's sure to escalate now that JS Acquisition is suing its one-time financier for backing out of the deal.
Emmis’ Smulyan wants FM radio tuners in cell phones
Congress is expected this fall to debate the idea of mandating the inclusion of tuners, a move that could boost the struggling radio industry.
Emmis CEO calls off bid to take firm private
Emmis Communications Corp. will remain a public company after executives announced Thursday morning that CEO Jeff Smulyan has abandoned his efforts to buy the Indianapolis-based media firm.
Another day, another delay for Emmis going-private vote
Emmis Communications CEO Jeff Smulyan delayed a shareholder vote Friday morning, for the eighth time overall and second time in 24 hours, on a proposed deal to take the company private.
Smulyan delays Emmis buyout vote for 7th time
Emmis Communications CEO Jeff Smulyan delayed a vote again on his plan to take the company private. But shareholders of the Indianapolis-based radio company will gather Friday morning at 8:30 to decide the fate of Smulyan’s $90 million buyout bid.
Equity firm withdraws support for revised Emmis deal
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.
Butler basketball hires play-by-play announcer
Brandon Gaudin will be the new radio voice of Butler University men’s basketball.
Emmis, Colts hire ex-Q95 jock ‘Mad Dog’ Matis
Jimmy "Mad Dog" Matis, who was fired after 23 years at Q95 earlier this year, finds a new gig—in sales—at
Emmis. He also will do the Colts post-game show with Barry Krauss.
Judge hears arguments challenging Emmis sale
Common shareholders are challenging the proposed acquisition of the company by closely held JS Acquisition LLC, formed by
Emmis Chairman and CEO Jeffrey H. Smulyan in an effort to take it private.
WFBQ parent axes ‘Bob & Tom’ producer
Programming executive and producer Marty Bender was let go from the popular radio show in apparent budget-cutting move.
Suitor extends tender offer for Emmis
JS Acquisition Inc., a company owned by Emmis Communications CEO Jeffrey Smulyan, extended its buyout offer to July 30.
JMV already boosting The Fan’s ad revenue
Even before ratings arrive, WFNI-AM 1070 officials said they have signed two major advertisers this month due to the recent
hire of new afternoon host JMV.