Emmis reports quarterly loss on shrinking revenue
Radio revenue fell from $36.5 million to $34 million and publishing revenue dropped from $14.2 million to $9.2 million in the period.
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Emmis sells powerhouse Los Angeles hip-hop station for $83M
KPWR-FM, which Emmis has owned for 32 years, has long been one of the most popular stations in the massive Los Angeles media market. Emmis shares soared after the announcement.
Comcast, Charter to cooperate as threats from wireless grow
Cable operators Comcast and Charter Communications said Monday that they will work together as they prepare to offer cellphone plans to customers.
Two local TV stations changing owners as part of $3.9B media deal
Telecommunications company Sinclair Broadcast Group is buying rival Tribune Media Co. in a deal between the nation’s two largest TV station owners. Tribune Media owns two Indianapolis TV stations.
Kiwanis’ first major ad campaign seeks to put youthful face on brand
Most people are aware of the Kiwanis Club. Sort of. Precious few know what the 102-year-old organization actually does.
WIBC overhauling on-air lineup as Garrison departs
“Chicks on the Right” and “Hammer & Nigel” are changing time slots. Abdul-Hakim Shabazz’s weeknight show is going off the air. And local listeners will get more Tony Katz.
WTHR first Indiana station to win two Peabody Awards in one year
The executive director of the prestigious national broadcasting awards calls WTHR’s feat “highly, highly unusual.” The local station’s competition included reporting from CNN, HBO and CBS.
Indy 500’s first presenting sponsor sees growth spike, gears up for more
Since local entrepreneur Mike Protogere bought D-A Lubricant Co. Inc. in 2002, the manufacturer of oil, grease, antifreeze and other industrial products has shifted into overdrive and punched the gas.
WRTV Channel 6 loses afternoon, evening anchors
One on-air personality has departed for a TV news job in a larger market while the other has taken a job as a consultant for Indiana University Health.
Emmis to sell off more radio assets after new agreement with lender
Under the terms of a newly renegotiated credit agreement, Emmis has until next summer to sell off at least $80 million in assets.
Garrison to step down as WIBC talk-show host after 20 years
Conservative radio host Greg Garrison plans to retire from his weekday show in June, he announced Monday on the air.
IBJ takes home awards in annual journalism competition
IBJ won honors at the Society of Professional Journalists’ Best in Indiana contest for coverage of Salesforce, elections, arts, the airport and more.
Carmel advertising agency changes hands
After recovering from the loss of a big client in 2014, the founder and CEO of Fat Atom Marketing has handed over the keys to two employees.
Music-marketing startup catches ear of customers, investors
Launched by a car wash chain executive in December, music-messaging platform Fuzic has won more than 100 customers and the backing of former Salesforce executive Scott McCorkle.
Local TV news stations abandon or reduce use of pricey choppers
The costly use of helicopters to cover weather-related stories, traffic accidents and snarls, and sporting events is on the decline nationwide.
Three local TV stations net $55 million in FCC spectrum auction—but will stay on air
Some stations are likely to change channel numbers, but broadcasters promise viewers will see little service disruption despite spectrum moves.
Groundbreaking news anchor, public affairs director out at WISH-TV
In 1993, Tina Cosby became the first black weekday evening television news anchor in Indianapolis. She worked at Channel 8 for more than 30 years but was let go earlier this month by the station’s new owner.
Carmel’s Dorothy Mengering, better known as Dave’s mom, dies at 95
David Letterman’s mother, a Carmel homemaker, became an unlikely and beloved celebrity in her 70s as she baked mystery pies and covered the Winter Olympics for her son’s late-night show.
Angie’s List discontinues ‘O’Reilly Factor’ advertising
The Indianapolis-based consumer-reviews service had been an outlier among major companies in sticking with the show despite a report in The New York Times that Bill O’Reilly and Fox News had settled a rash of cases accusing him of harassment and inappropriate conduct.
Lilly among firms pulling ads from ‘O’Reilly Factor’
A sexual harassment scandal involving host Bill O’Reilly has prompted major advertisers such as Eli Lilly and Co. and several automakers to drop out. Indianapolis-based Angie’s List is among those sticking with the show.