Emmis Communications Corp. saw profit rise almost 60 percent in its latest fiscal quarter despite falling revenue from its radio stations, the Indianapolis-based media company announced Thursday morning.
The Rush Limbaugh Show—set to be dropped by WIBC-FM 93.1 next month—will continue to be heard on Indianapolis radio airwaves without interruption after being picked up by iHeartMedia Inc.
National broadcaster iHeartMedia Inc. plans to saddle up for a shootout with local cowboy crooners WFMS-FM 95.5 and WLHK-FM “Hank” 97.1. It’s buying the local Radio Disney station at 98.3 FM.
Emmis Communications Corp. reported an big increase in fourth-quarter and full-year radio station revenue, but took a sizable loss due to a one-time, non-cash charge to reflect reductions in the value of station licenses it owns.
The departure of Kurt "Big Boy" Alexander from Emmis Communications' powerhouse Los Angeles radio station came at what was already a challenging time for the Indianapolis company.
Dropping one of the most popular radio shows in this market over the last two decades is part of a plan to remain a dominant force, WIBC officials said. The show’s syndicator already is talking with other local stations.
After 15 years on the air, "Sound Medicine" will broadcast its last new episode on April 26. The Indiana University School of Medicine, the show's primary funder, wants to change the direction of its marketing.
Bill Shirk, whose real name is William Shirk Poorman, was a top-notch self-promoter, and his numerous local radio stations benefited from his wacky brand of fame.
Indianapolis radio station WRWM-FM 93.9 rocketed from the 15th-most-listened-to station in central Indiana in December to No. 1 in January—its first full month playing old school hip-hop.
The Emmis Communications Corp. CEO says widespread adoption of the service, which allows consumers to listen to terrestrial FM radio on smartphones, will usher in better times for the radio industry.
Indianapolis-based Emmis is trying to stop Los Angeles radio personality Kurt “Big Boy” Alexander from fleeing to a competitor despite an offer from Emmis worth more than $3.5 million.
Emmis Communications Corp. saw a drop in overall profit in its latest quarter, but the Indianapolis-based media company realized a big jump in radio station revenue and operating income, it reported Thursday morning.
The Indianapolis Indians and WNDE-AM 1260 announced a three-year extension of their radio broadcast agreement.
Emmis Communications Corp. saw a slight increase in profit on higher revenue in the fiscal second quarter, the Indianapolis-based media company announced Thursday morning.
Canned by WIBC in June, Steve Simpson will leave the Indianapolis market to anchor the morning news for Minneapolis’ top news-talk station.
Starting Sept. 15, WFYI-FM 90.1’s broadcast will be heard on WISU-FM 89.7, the official radio station of Indiana State University in Terre Haute.
Walt Disney Co. announced earlier this month that it would sell its 23 radio stations that target children ages 3 to 15. The only Radio Disney outpost on the FM dial, WRDZ-FM 98.3 in Indianapolis, could be particularly sought after if the stations are sold individually.
The needle on radio revenue spiked in the first quarter for the Indianapolis broadcasting and publishing firm, but profit sank.
The decision earlier this month by WIBC-FM 93.1 to part ways with longtime newsman and host Steve Simpson has many radio listeners and advertisers wondering if straight-up news radio is dead.
Emmis Communications Corp. said Monday that it acquired a controlling interest in Indianapolis-based pricing software firm Digonex Technologies Inc. in a deal worth about $5 million.
