Net News search results for: ibj
-
April 5, 2012
Hungary Sued By Emmis International
EMMIS INTERNATIONAL is suing HUNGARY for "political interference in awarding radio licenses," reports THE INDIANAPOLIS BUSINESS JOURNAL, which writes "the 2009 tender for the frequencies of radio stations SLAGER and DANUBIUS were … more »
-
March 5, 2012
Emmis Appealing NASDAQ Delisting
In SEPTEMBER of last year (NET NEWS 9/2/11), EMMIS COMMUNICATIONS was served with notice from NASDAQ that it faces delisting due to its Class A Common Stock closing below the $1/share threshold for 30 consecutive business days starting JULY 19th. Now, in … more »
-
January 12, 2012
Emmis Posts Q3 Profit, But Revenues Slip
EMMIS COMMUNICATIONS reported a profit of $110.9 million in Q3, largely due to the sale of radio stations and the repurchase of company preferred stock. THE INDIANAPOLIS BUSINESS JOURNAL reports EMMIS "said profit for the fiscal third quarter ended … more »
-
December 20, 2011
Emmis Repurchase Plan Being Blocked By Preferred Shareholders
THE INDIANAPOLIS BUSINESS JOURNAL reports a "group of preferred shareholders of EMMIS COMMUNICATIONS CORP. is attempting to block the INDIANAPOLIS-based media company’s offer to repurchasing another $6 million of preferred stock." At the … more »
-
November 22, 2011
Emmis Buys Back Stock, Settles With Alden Global Capital
EMMIS COMMUNICATIONS CORP. has reached a deal to repurchase more than one million shares of preferred stock from ALDEN GLOBAL CAPITAL for $16.3 million, the INDIANAPOLIS BUSINESS JOURNAL reports. EMMIS is paying $15.75 for each share. According to EMMIS, … more »
-
July 13, 2011
Emmis Revs Up, Yet A Large Loss Reported For Quarter
EMMIS COMMUNICATIONS has reported rising revenues -- yet a larger loss in its latest financial report. For the quarter ended MAY 31st, EMMIS suffered a loss of $4.5 million (12 cents per share), compared with a loss of $3.9 million, (10 cents per share), … more »
-
February 8, 2011
Alden Threatens To Sue Emmis Unless It Revokes Loan To Smulyan
ALDEN GLOBAL CAPITAL is threatening to sue EMMIS COMMUNICATIONS if it goes through with plans to loan JEFF SMULYAN $200,000 to pay his legal fees for his suit against ALDEN for pulling out of his failed buyout bid for EMMIS. The INDIANAPOLIS … more »
-
January 11, 2011
Emmis Radio Revenues Up By Over 7%
EMMIS COMMUNICATIONS reported that its radio division increased revenues in the most recent fiscal quarter by over 7% Radio revenues in the U.S. rose to almost $45 million for the fiscal quarter that ended NOVEMBER 30th, 2010, but that wasn't enough to … more »
-
November 23, 2010
CMA Releases Holiday Ecards To Promote CMA Country Christmas Special
“CMA Country CHRISTMAS” will premiere on ABC-TV NOVEMBER 29th at 9:30p (ET) and in anticipation the CMA has released some holiday ecards to get everyone in the CHRISTMAS spirit. Check them out here and here. For more info on CMA COUNTRY … more »
-
September 10, 2010
What's Next For Emmis Communications?
ALL ACCESS reported YESTERDAY (NET NEWS 9/9) that the attempt by JEFF SMULYAN to take EMMIS COMMUNICATIONS private was over. The company issued a statement calling an end to the deal and saying that the firm will continue as a public company. But as THE … more »