Profit dips for Emmis despite boost from new stations
The needle on radio revenue spiked in the first quarter for the Indianapolis broadcasting and publishing firm, but profit sank.
Media & Marketing
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Book publisher plans 313 distribution jobs in Indiana
Penguin Random House LLC, the world’s largest consumer book publisher, plans to consolidate much of its U.S. distribution operations in Crawfordsville, the company announced Wednesday morning.
Fox59 announces newsgathering deal with Indianapolis Star
The Star will team with Fox59 and its sister station WTTV-TV Channel 4 for coverage of "select breaking news, sports, weather, election and investigative stories," the media outlets said in a prepared statement.
Businesses, Kokomo reach compromise on billboards
The city of Kokomo is reaching settlements with billboard owners allowing some of the 15 signs destroyed by a November tornado to go back up.
INDIANA 100: Mainstreet tops fastest-growing companies list
Nursing home developer Mainstreet is the fastest-growing private company in the Indianapolis area.
WIBC taking big risk by weaving news with opinions
The decision earlier this month by WIBC-FM 93.1 to part ways with longtime newsman and host Steve Simpson has many radio listeners and advertisers wondering if straight-up news radio is dead.
Emmis acquires majority stake in software firm
Emmis Communications Corp. said Monday that it acquired a controlling interest in Indianapolis-based pricing software firm Digonex Technologies Inc. in a deal worth about $5 million.
Simpson out as WIBC morning host, conservative Katz in wings
Steve Simpson was informed Friday that his contract would not be renewed by Indianapolis-based Emmis Communications Corp., which owns WIBC. Newsman Simpson will be replaced by conservative talk show host Tony Katz.
Radio personality Vaughn files suit against WTLC parent
Kelly Vaughn alleges in a federal discrimination lawsuit that Radio One showed preferential treatment to male co-worker Amos Brown by firing her but retaining him after they worked on an outside project.
NCAA reaches $20M settlement of video game claims
The agreement was announced hours before the NCAA went to federal court in California to defend itself against a class-action lawsuit from former players over use of their images in broadcasts and video games.
North Central grad returns to anchor WTHR weekend news
Naomi Pescovitz will helm the Saturday and Sunday editions of “News Sunrise,” beginning July 9.
Author John Green sees earnings boost as movie debut nears
Indianapolis author John Green has sold more than 10.7 million copies of his novel “The Fault in Our Stars,” suggesting royalty earnings of more than $6 million, before the movie deal and merchandise sales.
IndyCar’s TV ratings gaining momentum
TV ratings for the IndyCar Series zoomed 44 percent this year for the races leading up to the Indianapolis 500, compared to the same period a year ago, buoyed in part by a strong showing for the new Grand Prix of Indianapolis. But overall viewership remains anemic—less than one-fourth the audience for most NASCAR races.
Lawyers fret over enforcement of advertising rules
Indiana attorneys stay up at night worrying that their ads will run afoul of state rules that they consider unclear and unevenly enforced. But there’s a solution in the works.
AT&T aims for TV’s future with $48.5B DirecTV deal
With 5.7 million U-verse TV customers and 20.3 million DirecTV customers in the U.S., the combined AT&T-DirecTV would become the second-largest pay TV operator behind a combined Comcast-Time Warner Cable.
Sponsor logos creep into local TV newscasts
The increasingly common move to help generate more revenue further lowers the traditional barrier between news and advertisers. Marketing experts say the value for sponsors is questionable.
Angie’s List namesake extends company brand with nationwide how-to segments
Chief Marketing Officer Angie Hicks-Bowman spends an hour and a half each month recording consumer-advice segments hat are downloaded by more than 100 television stations around the country and incorporated into their own consumer news segments.
Lilly’s latest sales strategy: the soft sell
Eli Lilly and Co. thinks it has a secret weapon to return to growth. No, it’s not a new blockbuster drug—although Lilly will most likely have several new products hit the market this year and next. Rather, it’s an unorthodox, softer approach put into play by its U.S. sales force.
Comcast spinoff names Insight co-founder Willner as CEO
Comcast is planning to spin off operations that serve about 2.5 million customers in Indiana, Alabama, Michigan and other states after completing the purchase of Time Warner Cable.
Small biz program to tackle lack of Web savvy
The program Fight for Small will teach Indiana business owners how to wield social networks, customer review websites and the rest of the Internet to their advantage.