Indianapolis…The Indiana Broadcasters Association is pleased to announce that Jeff Smulyan, Chairman & CEO of Emmis Communications, will be honored with the prestigious Indiana Broadcasters Association Lifetime Achievement Award at its October dinner. Smulyan has been a radio industry leader for decades, through the Indiana Broadcasters Association and the National Association of Broadcasters in Washington. […]
Emmis Announces Agreement to Sell Controlling Interest in Stations to GTCR
Indianapolis….Emmis Communications Corporation (Nasdaq: EMMS) has announced it has reached an agreement to transfer WKQX-FM (101.1 MHz, Chicago, IL), WLUP-FM (97.9 MHz, Chicago, IL) and WRXP-FM (101.9 MHz, New York, NY) to Merlin Media LLC (“Merlin Media”), a controlling interest of which will be acquired by Chicago-based private equity firm GTCR and Randy Michaels. Emmis […]