Emmis Communications takes quarterly loss as revenue declines
Revenue declines were expected because Emmis sold off four radio stations and most of its publishing assets over the past year.
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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.
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.
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.
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.
The Fan putting local shows on new frequency to cure interference issue
Starting soon, many central Indiana sports-talk fans will no longer be able to hear programming from The Fan on 93.5 FM, where it’s been heard since November 2015.
Emmis sells four of its five remaining magazines for $6.5M
With the deal, Emmis Communications Corp. has divested all its publishing assets except for Indianapolis Monthly, which it intends to continue to operate.
Dan Dakich might be the nicest, most-hated person on Indy radio
Off the air, the former IU player is casual, mostly easygoing and affable. But on his radio show on WFNI-AM, he’s a cyclone, often tearing into anything in his way.
WFYI, other public radio stations bulk up news staffs
A decade ago, WFYI’s on-air personalities mostly read local stories from other sources. With its four additions, WFYI will have 15 staffers dedicated to gathering, reporting and disseminating local stories statewide and beyond.
Emmis revenue falls, but profit rises on sale of Texas Monthly
Emmis Communications Corp. on Thursday announced quarterly results that “disappointed” CEO Jeff Smulyan.
Radio voice Don Hibschweiler has stories to tell about five-decade career
There’s so much listeners don’t know about WFYI-FM 90.1 “Morning Edition” host Don Hibschweiler that it’s difficult to decide where to begin his amazing story.
GM of Purdue public radio station helping guide NPR through rapid change
Mike Savage petitioned to run for the National Public Radio board in 2014 because he was frustrated that small-market stations were underrepresented.
Murky path ahead for Smulyan and Emmis
Experts disagree about Emmis Communications Corp.’s immediate prospects, but there’s almost unanimous agreement that the company will chug forward as long as Jeff Smulyan drives the locomotive.
Emmis to sell four Terre Haute radio stations
The announcement comes as Emmis CEO Jeff Smulyan continues to try to gain board approval for his $4.10-per-share offer to take the media company private. He has extended his offer three times, and it's now set to expire Friday.
Smulyan extends his Emmis buyout offer yet again
The additional extension might be a sign Smulyan and the board are at odds over price. In a letter to directors evaluating the deal, Smulyan offered no details, stating, “Our entire team looks forward to further discussions … to complete a mutually acceptable transaction.”
Emmis Communications reports results from ‘difficult quarter’
The Indianapolis-based media company said it saw a lower profit on declining radio and publishing revenue.
Former employee files sexual harassment suit against Emmis
The plaintiff, a former digital content manager at WFNI-AM 1070 “The Fan,” said Emmis didn’t do enough to respond to her complaints after she alleged two of the station’s producers were harassing her.
iHeart replaces country format with hip-hop at FM 98.3
Fifteen months after buying the former Disney radio station at 98.3 FM and changing it to country, iHeart Radio is pulling the plug on the boot-stomping format. It couldn’t match the ratings of the market’s two country stalwarts.
Smulyan extends deadline for Emmis buyout offer again
In a letter to a special committee of the board of directors, Smulyan said he looks forward “to further discussions with the committee and its financial advisor and legal counsel to complete a mutually acceptable transaction.”