Bold bets on Hoosier firms yield horrific results so far
The millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value,
leaving them way, way below break-even.
Emmis Communications
Articles
Emmis struggling to stay in good stead with lenders
Emmis Communications Corp. struggles to contain expenses and minimize debts due to radio advertising shortfalls.
Duke founder Wynne loses out using company stock as collateral
Retired businessman John Wynne, one of the founders of Duke Realty Corp., is the latest executive to get burned after using
company stock as collateral for a multimillion-dollar loan in his investment account.
Emmis’ market value in free fall as radio industry takes beating
For more than two years, Smulyan, 61, has been unflaggingly optimistic during quarterly conference calls. But since early 2007, Emmis’ stock has fallen 84 percent, shrinking the company’s stock market value from $307 million to $48 million. The troubles have cast uncertainty over one of Indianapolis’ highest-profile businesses.
WNDE holds off sports-talk upstart in ratings despite marketing push, high-profile co-host
Longtime sports/talk station WNDE-AM 1260 has beaten back newcomer WFNI-AM 1070 in a critical listener demographic despite
WFNI’s extensive promotion of hosts Eddie White and Indianapolis Star sports columnist Bob Kravitz.
Changing radio formats changes ratings results
Numerous format changes late last year caused a major shake-up in the first-quarter survey results of central Indiana’s radio-listening
habits.
Emmis’ decision to shift WIBC to FM jolts local radio
The local radio market’s biggest shake-up in more than a decade has almost every commercial station in central Indiana scrambling
to attract the thousands of listeners and millions of advertising dollars suddenly up for grabs. Emmis Communications Corp.
said Oct. 8 it will move WIBCAM 1070 programming to the FM frequency previously occupied by WNOU-FM 93.1, which it will kill.
Industry experts said the fallout will continue to rain down throughout the fourth quarter and well into 2008. “There’s lots…
Emmis swings unique advertising deal with Google
Emmis Communications Corp. is turning to Google in its search for relief from a radio-industry slump. The local media company
is tapping the power of the popular Internet search engine to sell advertising for its Indianapolis and New York radio properties.