Month: April 2003


  • Emmis Announces Promotions in Emmis Radio

    Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced that Val Maki, Senior Vice President/Los Angeles Market Manager, has been promoted to Emmis Radio Vice President. In her new role, Maki’s responsibilities will expand to oversee operations not only in Los Angeles, but also in the newly-acquired Austin market. “Val has demonstrated a remarkable ability these past…

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  • Emmis Communications Reports 4th Quarter and Full Year Results

    A conference call regarding this earnings release is scheduled for 9 a.m. Eastern, Tuesday, April 15, 2003. Dial in at 1.630.395.0023 or log on to www.emmis.com Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced results for its fourth fiscal quarter and full year ending Feb. 28, 2003. “Emmis has emerged as a company that is stronger…

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  • Emmis Communications Corporation and Emmis Operating Company

    Emmis Communications Corporation and Emmis Operating Company Computation of Company Leverage Ratios As of February 28, 2003 Dollars in Thousands Computation of Emmis Operating Company Senior Leverage Ratio Under the Fourth Amended and Restated Revolving Credit and Term Loan Agreement: Numerator: Senior credit facility debt outstanding 706,898 Plus: Letters of credit outstanding 1,437 Plus: Mark-to-market…

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  • 4th Q Earnings Release Table

    EMMIS COMMUNICATIONS CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED FINANCIAL DATA (Unaudited, dollars in thousands, except per share data) Three months ended February 28, Twelve months ended February 28, 2003 2002 2003 2002 OPERATING DATA: Net revenues: Radio $56,494 $55,209 $254,818 $262,077 Television 52,259 47,112 234,752 206,529 Publishing 18,038 16,312 72,793 71,216 Total net revenues (a) 126,791…

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  • Emmis Explores Interest in Television Assets

    Indianapolis…Emmis Communications Corporation (Nasdaq: EMMS) today announced that the Company has been engaged in preliminary discussions with News Corporation relative to Emmis’ interest in acquiring certain of News Corp.’s television properties. Emmis has in the past explored strategic transactions to grow its television division with a view toward separating its television and radio businesses. The…

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  • Emmis Announces Dividend on Convertible Preferred Stock

    Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced that its Board of Directors declared a dividend for its 6.25% convertible preferred stock (NASDAQ: EMMSP), with a record date of April 5, 2003, and a payable date of April 15, 2003. The per share dividend for the quarter is $.78125. One share of Emmis preferred stock is…

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