Articles

Debt maneuvers help Emmis turn quarterly profit

Emmis Communications Corp. reported a quarterly profit today after buying back a big chunk of its own debt on the cheap, but
the outlook for the company remains grim. The radio broadcaster and magazine publisher saw revenue plunge 27 percent.

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Gannett cuts cost 37 Star employees their jobs

Thirty-seven people were laid off at the Indianapolis Star yesterday and today as part of Virginia-based parent Gannett
Co. Inc.’s attempt to grapple with the swooning economy and falling advertising revenue. Seventeen of those laid off were
in the newsroom of the state’s largest daily newspaper, including seven editors, which constitutes one-fourth of the
editorial management team.

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Local radio exec Severino dies

Radio executive Tom Severino, who managed four local stations for Indianapolis-based Emmis Communications Corp., died yesterday
after a five-month battle with cancer. Severino, 57, was vice president and general manager of WIBC-FM 93.1, WLHK-FM 97.1,
WFNI-AM 1070 and WYXB-FM 105.7.

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IBJ wins 9 national journalism awards

IBJ was named third-best large-market business publication and collected eight other national awards at the Alliance
of Area Business Publications’ summer conference June 27 in Minneapolis.

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Star newsroom braces for pay cuts, possible layoffs

he next two weeks could be critical in determining the level and quality of staffing in the newsroom of The Indianapolis Star, the state’s largest daily newspaper. The paper’s union—which represents about 160 news staffers—and management have been at an impasse since employees’ union contract expired Dec. 31.

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IUPUI pumps up sports journalism assets

The Associated Press Sports Editors, the nation’s largest professional sports journalism organization, is establishing its
headquarters at Indiana University’s new National Sports Journalism Center.

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Irvington rolls out $1.2 million promotional campaign

In the midst of a $1.2 million campaign to upgrade streets, sidewalks and other neighborhood infrastructure, a coalition of Irvington businesses and residents is launching a unique marketing campaign to tout the neighborhood’s recent enhancements and position it as an alternative to places such as Carmel, Zionsville, Geist and Noblesville.

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