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EMMIS COMMUNICATIONS ANNOUNCES TELEVISION DIVISION CONSOLIDATION

Indianapolis – Emmis Communications Corporation (Nasdaq: EMMS) today announced that it will eliminate 120 positions in its 15-station Television Division. Many of the positions impacted are at television properties EMMIS purchased in October 2000 from Lee Enterprises, and involve the natural integration and the strategic reallocation of resources from Lee management to EMMIS management. “The […]

EMMIS COMMUNICATIONS ANNOUNCES PROPOSED $200 MILLION OFFERING OF SENIOR DISCOUNT NOTES

Indianapolis – Emmis Communications Corporation (Nasdaq: EMMS) today announced that it plans an offering of $200 million of gross proceeds of senior discount notes by EMMIS Escrow Corporation, a wholly-owned subsidiary of EMMIS. The net proceeds will be used to fund the acquisition of three radio stations in Phoenix, Arizona from Hearst-Argyle Television Inc. (NYSE: […]

FOURTH QUARTER CONFERENCE CALL

On Thursday, March 29, 2001, EMMIS Communications will host a conference call to discuss fourth quarter earnings. EMMIS Chairman/Chief Executive Officer Jeff Smulyan and Executive Vice President/Chief Financial Officer Walter Berger will host the call. To access this conference call, please dial 1.888.928.9122 (international # is 1.712.271.0095) DATE/TIME: Thursday, March 29, 2001 Eastern: 9 a.m. […]

EMMIS COMMUNICATIONS RELEASES UPDATED 4TH Q AND FY 2002 GUIDANCE

Indianapolis – EMMIS Communications Corporation (NASDAQ: EMMS) today announced the following guidance to investors for the 3-month period ending Feb. 28, 2001, and for fiscal year 2002 (March 1, 2001 – Feb. 28, 2002). EMMIS attributed these revised estimates to a general economic softening, in addition to slowing advertising sales in the major markets, fueled […]

EMMIS CONFERENCE CALL

On Monday, Feb. 26, 2001, EMMIS Communications will host a conference call to give updated guidance on 4th quarter earnings and for fiscal year 2002. EMMIS Chairman/Chief Executive Officer Jeff Smulyan and Executive Vice President/Chief Financial Officer Walter Berger will host the call. To access this conference call, please dial 1.888.664.9959 (international # is 1.712.271.1115) […]

EMMIS BOARD ANNOUNCES DIVIDEND ON CONVERTIBLE PREFERRED STOCK & DATE OF ANNUAL SHAREHOLDERS MEETING

Indianapolis – EMMIS Communications Corporation (NASDAQ: EMMS) today announced that its Board of Directors declared a dividend for its 6.25% convertible preferred stock (NASDAQ: EMMSP), with a record date of April 1, 2001, and a payable date of April 15, 2001. The per share dividend for the quarter is $.78125. One share of EMMIS preferred […]

EMMIS NAMES JOHN S. NELSON VP OF HUMAN RESOURCES

Indianapolis – EMMIS Communications Corporation (NASDAQ: EMMS) today announced that it has named John S. Nelson to the newly-created position of Vice President of Human Resources for EMMIS Communications. “In the last 12 months, EMMIS has grown from 1,100 employees to more than 3,000 around the country and internationally,” EMMIS Chairman and CEO Jeff Smulyan […]

EMMIS ANNOUNCES SALE OF WTLC-INDIANAPOLIS TO RADIO ONE

Indianapolis – EMMIS Communications Corporation (Nasdaq: EMMS) and Radio One Inc. (Nasdaq: ROIAK and ROIA) today announced that they have signed a non-binding letter of intent for Radio One to purchase Indianapolis radio station WTLC-AM (1310) and the intellectual property of WTLC-FM (105.7) from EMMIS. The companies also jointly announced that they would donate $1 […]

EMMIS COMMUNICATIONS REPORTS RECORD THIRD QUARTER RESULTS

Indianapolis – EMMIS Communications Corporation (NASDAQ: EMMS) today announced record revenues and cash flow for its fiscal quarter ending Nov. 30, 2000. For its third fiscal quarter, EMMIS’ after-tax cash flow (ATCF) grew to $29.4 million from $19.5 million, a 51% increase over the same quarter of the prior year. ATCF per share in the […]

SMULYAN ESTABLISHES FOUNDATION WITH MATCHING GRANTS PROGRAM FOR EMPLOYEES

Indianapolis – Jeff Smulyan, Chairman and CEO of EMMIS Communications Corporation (Nasdaq: EMMS) has announced the formation of the Smulyan Family Foundation Matching Grant Program for EMMIS employees. “Through the Matching Grant Program, the Foundation hopes to support many community causes and organizations by maximizing the impact of EMMIS employees’ gifts with the Foundation’s resources, […]

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