Month: July 2008

  • Emmis Completes Sale of WVUE-TV in New Orleans

    Indianapolis…Emmis Communications Corporation (Nasdaq: EMMS) today announced it has completed the sale of Fox affiliate WVUE-TV in New Orleans to Louisiana Media Company for $41 million, with after-tax proceeds of approximately $35.5 million. The sale of WVUE completes the divestiture of Emmis’ television assets. Since announcing its intent to exit the television business in May…

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  • Emmis Communications Reports 1st Quarter Results

    Indianapolis… Emmis Communications Corporation (NASDAQ: EMMS) today announced results for its first fiscal quarter ended May 31, 2008. “I’m proud of the results our Emmis team was able to deliver during the first quarter,” Emmis Chairman and CEO Jeff Smulyan said. “Five percent growth in operating income during such a challenging period for American media…

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