Emmis Communications rebounds with profitable quarter
Company shares surged Friday morning after the company said it earned $3.7 million in the quarter ended May 31, compared with a loss of $5 million last year.
Company shares surged Friday morning after the company said it earned $3.7 million in the quarter ended May 31, compared with a loss of $5 million last year.
“Hoosier History Live!” is believed to be the nation’s only live, call-in show about a state’s history. The 5-year-old show has only an estimated 1,000 listeners, but they tend to be those who are passionate about all things Hoosier heritage.
Marty Bender, who spent more than 20 years guiding local classic-rock radio powerhouse WFBQ-FM 94.7 as program director before his abrupt firing in 2010, has been hired as at WILV Chicago.
WLHK-FM 97.1 “Hank FM" has put a backwoods butt-whupping on country rival WFMS-FM 95.5 to take the No. 1 spot in the metro Indianapolis radio market.
The commentator has been without local show on commercial radio since 2011. He’ll find a home on WIBC, which also is preparing to fill its vacant position for news director.
An Indianapolis investor group headed by longtime local radio broadcaster and executive Jerry Chapman will take over operations at the stations, including three in Muncie, on June 1.
WXNT-AM says the mass exodus of its news-talk listener base was to be expected during transition to CBS Sports radio content.
The locally produced film about the golden age of WIBC, WIFE and WNAP will never break even, according to its producer, but an Emmy win would be satisfaction enough.
Escape artist Bill Shirk has retired his straitjacket, but remains active in radio broadcasting. His firm, Hoosier Broadcasting, in recent years bought a handful of radio stations on the Hawaiian islands and Shirk owns and is investing more money in a Boone County radio station.
The afternoon drive-time personality has left the studio but not the building, switching to a sales job with sports-talk station WFNI “The Fan.”
Jimmy Matis wasn’t sure what he would do when he lost his job after 24 years at Q95, but in this life, he says, “you just have to understand that you constantly have to learn.”
Emmis Communications bought a low-power station, boosted its signal and is using it to simulcast The Fan, a format found at AM 1070.
National Public Radio is spending $750,000 on an aggressive advertising campaign designed to boost its audience in four test cities, including Indianapolis, by pointing out the wide variety of people who listen to public radio.
Emmis Communications Corp. has sold a national radio network in Slovakia to Germany-based Bauer Media Group for $21 million, the locally based media company disclosed Wednesday in a regulatory filing.
The Indianapolis-based media company said Thursday morning that it earned $4.6 million on $53.4 million in revenue. While total revenue was flat, income from Emmis’ radio stations increased slightly.
Sprint on Tuesday announced a preliminary agreement with radio industry representatives that will enable customers to listen to local FM radio stations on their mobile phones. Emmis CEO Jeff Smulyan was a key negotiator in making the deal.
Conservative talk radio station says it won’t turn to more moderate programming, though some stations have adjusted their mix.
WIBC-FM 93.1 Program Director Alan Furst told station executives this week that he is leaving to take a job with Radio One’s News 92 FM in Houston.
In August, Greenfield city officials decided to drastically slash funds for Greenfield-Central High School's broadcasting program. The future of the programs remains in a state of limbo for the 2013-14 school year and beyond.
Suburban New Orleans investment firm National Tax Asset Fund LLC placed the bid during the Marion County tax sale that ended Friday. WFMS parent Cumulus Media Inc. owns the property and owes more than $80,000 in back taxes.