Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced that Scott R. Blair has been named to the newly-created position of Director of Central Casting for Emmis Television. As Director of Central Casting, Blair will oversee all operations of Emmis’ Orlando Central Casting Facility. Blair will serve as a point of contact for traffic, general managers, and […]
Emmis Prices Offering of Senior Subordinated Notes
Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced that Emmis Operating Company, its wholly-owned subsidiary, has priced an offering of $375 million of 67?8% senior subordinated notes due 2012 in a Rule 144A offering. In connection with the sale of senior subordinated notes, the company also intends to enter into a new senior credit facility in […]
McGuire Named Executive Producer of The Daily Buzz
Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) and ACME Communications, Inc. (NASDAQ: ACME) today announced that Troy McGuire has been named Executive Producer of The Daily Buzz, a weekday morning news program that airs in 127 markets on broadcast and cable stations. “Troy’s energy and experience in television news made him the right choice to lead The […]
Emmis Announces Receipt of Requisite Consents in Tender Offer and Consent Solicitation for Emmis Communication Corporation’s 12 1/2% Senior Discount Notes and Emmis Operating Company’s 8 1/8% Senior Subordinated Notes
Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced that in connection with the cash tender offers to purchase (i) any and all of Emmis Communication Corporation’s $286.275 million principal amount at maturity 12-1/2% Senior Discount Notes due 2011 and (ii) any and all of Emmis Operating Company’s $300 million principal amount 8-1/8% Senior Subordinated Notes due […]
EMMIS COMMUNICATIONS AMENDS TENDER CONSIDERATION OF PREVIOUSLY ANNOUNCED TENDER OFFER FOR ITS 12 1/2% SENIOR DISCOUNT NOTES
Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) announced today that it has amended the tender consideration for its previously announced offer to purchase any and all of its outstanding Senior Discount Notes due 2011. The total consideration to be paid to holders that tender their notes and deliver their consents prior to the consent payment deadline will […]
Television Broadcasters Initiative Unveiled
Las Vegas… Television broadcasters will reclaim lost revenue and reestablish severed audience relationships through a revolutionary initiative that was unveiled today at the National Association of Broadcasters convention in Las Vegas. By taking advantage of new technologies, the initiative would allow broadcasters to compete with cable companies by providing audiences with low-cost multi-channel viewing options. […]
Emmis Communications Reports 4th Quarter and Full-Year Results
Indianapolis… Emmis Communications Corporation (NASDAQ: EMMS) today announced results for its fourth fiscal quarter and full year ending Feb. 29, 2004. For the fourth fiscal quarter, reported net revenue was $136.9 million, compared to $126.8 million for the same quarter of the prior year, an increase of 8%. On a pro forma basis, net revenue […]
EMMIS ANNOUNCES TENDER OFFER AND CONSENT SOLICITATION
Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) announced today that it has commenced a tender offer and consent solicitation for any and all of its $286.275 million principal amount at maturity 12-1/2% Senior Discount Notes due 2011 and that Emmis Operating Company has commenced a tender offer and consent solicitation for any and all of its $300 […]
Emmis Announces Proposed Debt Restructuring
Indianapolis…Emmis Operating Company, a wholly-owned subsidiary of Emmis Communications Corporation (NASDAQ: EMMS), today announced that it plans to offer $350 million of senior subordinated notes in a Rule 144A offering. In connection with the proposed offering, the company also intends to enter into a new senior credit facility in an aggregate amount of approximately $1 […]