Emmis Completes Sale of Four Additional Television Stations

Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced that the company has completed the sale of four of its television stations to the Montecito Broadcast Group, LLC (an affiliate of the Blackstone Group) for $259 million. The purchase covers KOIN-TV (Ch. 6, CBS affiliate) in Portland, Ore.; KHON-TV (Ch. 2, Fox affiliate) in Honolulu, KSNW-TV (Ch. […]

Emmis Announces HD2 Formats in NYC, LA, Chicago and Indy

Indianapolis…The next generation of radio was unveiled today as Emmis Communications Corporation (Nasdaq: EMMS) announced its first wave of High Definition Digital second channels in its New York, Los Angeles, Chicago and Indianapolis markets. Emmis will rollout these multicast channels in the coming months. “Today’s announcement furthers our goal of giving listeners new, free, fresh […]

Emmis Communications Reports 3rd Quarter Results

Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced results for its third fiscal quarter ended Nov. 30, 2005. For the third fiscal quarter, reported net revenue was $100.5 million, compared to $90.2 million for the same quarter of the prior year, an increase of 11%. Reported net revenues for all periods presented exclude the results of […]

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