Articles

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Emmis giving up on NextRadio after years of losses

Emmis Communications spent nearly a decade and tens of millions of dollars trying to put together an industry-wide effort to make cell phones act like smart portable radios. In the end, CEO Jeff Smulyan said he couldn’t continue to “fund R&D for the entire industry.”

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Radio giant iHeartMedia files for bankruptcy

The San Antonio-based company is the second major radio player in the Indianapolis market to seek bankruptcy protection in recent months. In November, Atlanta-based Cumulus Media filed for Chapter 11.

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