Financial maneuvers give Emmis new lease on life
The company has made tremendous progress in recent weeks addressing problems that have scared off investors and pushed the price of its common stock below $1.
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Indianapolis-area mergers and acquisitions in 2011
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from MacAllister Machinery’s purchase of a Caterpillar dealership in Michigan to Herff Jones’ acquisition of a Memphis, Tenn.-headquartered maker of cheerleading uniforms.
Indiana House panel backs fines on access violators
A bill that would allow fines of up to $500 against government officials found to have blatantly violated the state's open meetings or open record laws has been endorsed 11-0 by an Indiana House committee.
Indians sign deal to air all 72 home games on TV
Deal with WRTV-Channel 6 will provide most extensive coverage in franchise history.
Emmis posts big profit, but revenue shrinks
The media company’s $110.9 million quarterly profit was largely due to the sale of three radio stations and the repurchase of preferred stock. Revenue fell 11 percent.
Emmis mum on sudden exit of Indianapolis Monthly editor
The Indianapolis communications company confirmed it is seeking a replacement for David Zivan, who had led the magazine for six years.
Former Star columnist’s lawsuit set for trial
Susan Guyett sued The Indianapolis Star in April 2010, alleging that her age led to her dismissal in December 2008.
Indy tourism officials launch Super Bowl ad campaign
The Indianapolis Convention & Visitors Association has launched a 25-day, $100,000 ad campaign to lure visitors to the city in the days leading up to the Super Bowl. The campaign targets the Chicago, Cincinnati and Louisville markets.
City to host NFL awards event on eve of Super Bowl
The NFL will announce its annual league awards, including Most Valuable Player, in a two-hour prime-time special, "NFL Honors," to air on NBC on Super Bowl eve, Feb. 4.
NBC sold out of advertising spots for Super Bowl
NBC has sold all the commercial airtime for the Feb. 5 game in Indianapolis and even has a waiting list of advertisers. The average cost for a 30-second spot this year was $3.5 million.
WISH says reporter firing not due to downsizing
Local CBS affiliate WISH-TV has fired award-winning field reporter Brad Edwards, but General Manager Jeff White said the station will soon hire a replacement, plus two additional reporters to grow its staff.
USA Track & Field athletes want more freedom to lure sponsors
USA Track & Field hopes a more coherent TV schedule and a bigger presence at live events will generate interest in the sport that lasts beyond the summer Olympics. Yet USATF is at odds with some athletes who say they could line up more of their own sponsors, if it weren’t for the governing body’s rules.
Marketing firm plans downtown expansion, move
Indianapolis-based marketing firm TrendyMinds plans to more than double its staff in the next two years, adding up to 20 jobs as it moves into a former labor union hall downtown.
Fieldhouse gets Bankers Life name
It will be difficult to rebrand the arena where the Indiana Pacers play, but team officials praised sponsor CNO Financial for sticking with the $20 million naming-rights deal despite tough times.
Preferred shareholders blocking Emmis’ repurchase plans
The investors are concerned Emmis will gain voting rights to two-thirds of the preferred shares and that it would use that clout to get out of paying millions of dollars in dividends.
NFL’s new TV deals are big score for Colts
The NFL’s new broadcast agreements with CBS, Fox and NBC will make the league by far the richest in terms of professional sports broadcast pacts. The Colts will get close to $218.8 million a year from the deals starting in 2014.
Dittoe Public Relations gets Atlas Van Lines contract
The Evansville-based mover hired the local firm as its public relations agency of record.
Zionsville-based Just Marketing signs deal with Nissan
Financial terms of the deal were not disclosed, but motorsports business experts estimated it’s probably worth $1 million to $5 million a year.
The Fan winning sports-talk radio war by wide margin
Radio station WFNI-AM 1070 is challenging some FM music stations in the battle for male listeners.
Star fights to protect identity of online commenter
Attorneys for The Indianapolis Star will argue before an appeals court that the identity of an online poster is protected by the state's newspaper shield law, the U.S. Constitution's First Amendment and the Indiana Constitution.