Emmis Communications: Marketing Savvy, Future Focused
With a history in traditional media, including radio and television station ownership, Emmis Communications Corporation (Nasdaq: EMMS) is in the midst of transitioning to investments with significantly higher growth potential. The sale of a majority of its portfolio is allowing the company to aggressively pursue new business opportunities that align with the company’s entrepreneurial roots and management skills. Currently, Emmis operates 6 FM and 2 AM radio stations in New York and Indianapolis as well as a statewide radio network in Indiana. Emmis also owns a controlling interest in Digonex, which provides dynamic pricing solutions to national brands across multiple industries, as well as Indianapolis Monthly magazine and an additional FM station in New York operated by ESPN and branded podcast developer Sound that Brands.