Emmis employees to get bonuses after court case
Emmis Communications Corp. said it will make good on a previously announced employee-retention plan that will shower 598 employees with $3.24 million in company stock.
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IndyCar expected to sign Verizon as much-needed title sponsor
Verizon Wireless is set to sign a deal to become the title sponsor of the IndyCar Series beginning this season, sources familiar with the deal said Friday afternoon. The deal is reportedly worth $10 million a year for at least five years.
Oscars on Channel 6 drew large viewership
WRTV-TV Channel 6 garnered 21.1 percent of households with televisions for its March 2 telecast of The Oscars. It was the most-watched program on local affiliates from 8:30 p.m. to midnight.
Indy hip-hop station dethrones country crooners in radio ratings
WHHH-FM rises to the top of the dial with some recent fine-tuning, and as the top two country stations in the market duke it out for listeners.
Brokers trying to reverse vacancy in downtown Indy offices
The vacancy rate for Class A space approached 20 percent in 2011 for the first time in at least 15 years and kept trending upward, settling at 21.4 percent at the end of last year.
Emmis wins latest battle in unpaid-dividend case
Plaintiffs in the case had sought $34 million in unpaid dividends. Shareholders had voted in 2012 to wipe away the obligation, at the request of management.
Legislation would allow ads on public school buses
The bill, approved by the Indiana Senate 49-0, would allow advertising on school buses in two Indianapolis neighborhoods and a school district just north of the city.
Steak n Shake owner acquires Maxim magazine
Terms of the deal with Biglari Holdings Inc. were not released. The company, headed by CEO Sardar Biglari, says Maxim will continue under its current management team and stay based in New York.
TRY THIS: Sarah Urist Green’s ‘The Art Assignment’
On her new PBS online series, the former IMA contemporary art curator (and her best-selling author husband John Green) push creativity.
New state slogan clashes with city goal of cosmopolitan image
The state tourism department’s new tag line, “Honest to Goodness Indiana,” is so folksy that some wonder whether there’s a disconnect between what it says about the state and how the city of Indianapolis is trying to distinguish itself.
Banks gathering all their clients’ eggs into one basket
Banks and credit unions facing more competition from online lenders—and now even from big-box stores offering financial products—are working harder to get a bigger piece of a customer’s wallet over the long haul.
IU plans statue of WWII journalist Ernie Pyle
Pyle’s bronze likeness outside of Franklin Hall will be just the third statue on IU’s Bloomington campus.
Internet-based weather forecasters offer bolder, more detailed outlooks
A posse of Internet-based prognosticators is offering not just forecasts but sometimes even mounds of data left open to interpretation.
Comcast to buy Time Warner Cable for $45 billion
The deal would combine the nation’s top two cable TV companies and create a dominant force in both creating and delivering entertainment to U.S. homes.
Emmis acquiring two New York radio stations for $131 million
The purchase from YMF Media will bulk up Emmis' presence in the nation's largest radio market and is projected to double the company's radio station operating income.
Twitter sued over James Dean-linked accounts
James Dean Inc., represented by Indianapolis-based CMG Worldwide, wants Twitter to shut down an unofficial account with more than 8,000 followers.
Verizon Wireless to sponsor eight of Montoya’s races
Roger Penske wasn't worried about finding a sponsor for Juan Pablo Montoya when he signed him, believing there would be interest in the Colombian's return to open-wheel racing.
Pacers on track to post best attendance in 13 years
The NBA season isn’t supposed to start in earnest until after the Super Bowl. But the Indiana Pacers this season didn’t wait until an NFL champion was crowned to go red hot—on and off the court.
Channel 13 to start morning news at 4 a.m.
Currently, the only local station airing a newscast that early is WXIN-TV Channel 59. Perhaps it’s no coincidence that WXIN’s former general manager, Larry Delia, is now WTHR’s president and general manager.
Ad agency Willow Marketing adds jobs
Indianapolis ad agency Willow Marketing has hired eight more employees since mid-2013, bringing its head count to 21. The jobs range from graphic designers to video producers to project coordinators. Even modest hiring in the public relations/marketing/advertising industry is notable given agency downsizings during the economic downturn, when many clients slashed their ad budgets. The […]