Why ailing Emmis could bounce back
Let’s play the contrarian. For Emmis, that means arguing that the battered company is poised for resurgence, rather than sliding
deeper into the abyss.
Let’s play the contrarian. For Emmis, that means arguing that the battered company is poised for resurgence, rather than sliding
deeper into the abyss.
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.
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.
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.
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.
Channel 13 eliminates two positions to trim costs, and hopes for a revenue increase in the second half of the year.
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.
Bonneau Production Services will work with the foundation’s executive director in a range of areas, including corporate-identity
creation, e-newsletter publication, Web-site design and maintenance, and media relations.
Bennett Innovation is celebrating its 25th year by giving away $25,000 in services to a worthy not-for-profit.
Growing by leaps and bounds, smallerindiana.com will host its first-ever “Bigger Ideas” conference for the high-tech and Internet-savvy
crowd.
The familiar face of a local Hispanic television newscast is back on the air, less than six months after the parent of WISH-TV
Channel 8 pulled the plug on him.
If you happen to fly US Airways this summer, take a minute to read the in-flight magazine while you wait for your coffee,
tea or milk. US Airways Magazine will feature a story in its August issue that touts Indianapolis.
The three principals of The Basement Design and Motion left another firm to set their own course in the world of Web convergence
marketing.
If you don’t get your fireworks fix on July 4, you’ll no longer have another chance this year to be awed by the colorful displays.
Indianapolis already hosts three of the top 200 conventions in the country. But additional meeting space coming online late next year could help the city double the number.
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.
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.
What would you want said in your obituary that would set you apart from your peers?
The biggest remnant of the former Thomson consumer electronics operation in Carmel is cashing in on the digital TV transition
with a higher-tech version of the rabbit ears.