Emmis Announces Sale of Nine Television Stations

Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced it has signed definitive agreements to sell nine of its 16 television stations in three separate transactions. LIN TV Corp (NYSE:TVL) has signed an agreement to purchase WALA-TV (Ch. 10, Fox affiliate) and WBPG-TV (Ch. 55, WB affiliate) in Mobile, Ala./Pensacola, Fla.; WTHI-TV (Ch. 10, CBS affiliate) in […]

Emmis Reaches Settlement with N.Y. Attorney General over “Smackfest” Contest

Indianapolis….Emmis Communications Corporation (Nasdaq: EMMS) today announced that the company has reached a settlement with the New York Attorney General’s Office over its investigation of the WQHT-FM (Hot 97) “Smackfest” contest. “Despite the fact that the contestants voluntarily participated in what was supposed to be harmless entertainment, it was not our finest hour, and New […]

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