Press Room


  • EMMIS COMMUNICATIONS REPORTS 4TH QUARTER AND YEAR-END RESULTS

    Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced revenues and cash flow results for its fourth fiscal quarter ending Feb. 28, 2002. Net revenue for the quarter was $116.9 million, Broadcast Cash Flow (BCF) was $30.6 million, and After Tax Cash Flow (ATCF) for the quarter was $7.5 million or $0.16 per basic share.…

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  • EMMIS NAMES MCKERNAN VP/GM OF OMAHA’S KMTV

    Indianapolis – Emmis Communications Corporation (Nasdaq: EMMS), today announced the promotion of Jim McKernan to Vice President/General Manager of Omaha’s KMTV3-CBS, effective April 8, 2002. McKernan, 44, has served as General Sales Manager of KMTV since March 1, 2001. He replaces Chris Leister, who has accepted a position as Senior Vice President of National Sales…

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  • EMMIS CLOSES STOCK OFFERING OF CLASS A COMMON SHARES

    Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced that it closed its offering of 4.6 million Class A common shares. The company raised $120.2 million in net aggregate proceeds, which it intends to use to repay outstanding indebtedness under its credit facility and possibly to redeem or repurchase some of its outstanding 121/2% senior…

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  • EMMIS COMMUNICATIONS OFFERS 4.0 MILLION SHARES OF CLASS A COMMON STOCK

    Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced a public offering of 4.0 million shares of Class A common stock at a price to the public of $26.80 per share. All of the shares are offered by the company and were registered on the company’s universal shelf registration statement on Form S-3 that was…

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  • EMMIS COMMUNICATIONS EXPECTS TO EXCEED FOURTH QUARTER GUIDANCE

    Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced that it expects to exceed the Fourth Quarter guidance the company issued on Jan. 15, 2002. Upon completion of its audit, the company expects to announce that its net revenue for the quarter ended Feb. 28, 2002 will exceed $114.0 million and EBITDA for the quarter…

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  • EMMIS NAMES CHERYL ACKERMAN VICE PRESIDENT OF FINANCE & ASSISTANT TREASURER

    Indianapolis – Emmis Communications Corporation (Nasdaq: EMMS) today announced the promotion of Cheryl Ackerman to Vice President of Finance and Assistant Treasurer. “Cheryl has demonstrated an on-going commitment to Emmis,” Walter Z. Berger, Executive Vice President and Chief Financial Officer, said. “Her dedication, performance and integrity have made her an invaluable member of the Emmis…

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  • EMMIS ANNOUNCES SALE OF DENVER PROPERTIES FOR $135.5 MILLION

    Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced agreements to sell Denver radio station KALC-FM (‘Alice’) to Entercom Communications Corporation (ETM) and Denver radio station KXPK-FM (‘The Peak’) to Entravision Communications Corporation (EVC). The sale price is $88 million for KALC-FM (Entercom) and $47.5 million for KXPK-FM (Entravision). Combined, the properties are expected to…

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  • EMMIS COMMUNICATIONS ANNOUNCES 4TH QUARTER EARNINGS DATE

    Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced that they will release 4th quarter earnings during a conference call at 9 a.m. Eastern on Tuesday, April 16, 2002. Emmis Chairman/Chief Executive Officer Jeff Smulyan and Executive Vice President/Chief Financial Officer Walter Berger will host the call. To access the conference call, please dial 1.888.877.0131…

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  • EMMIS NAMES DAVID LEBOW SENIOR VP OPERATIONS – RADIO

    Indianapolis – Emmis Communications Corporation (Nasdaq: EMMS) today announced the promotion of David Lebow to Senior Vice President of Operations – Radio Division, working with all Emmis radio markets. “David has a long, rich history with this company, but also offers a perspective from outside Emmis which is helpful to have,” Rick Cummings, President of…

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  • WTHI-TV IN TERRE HAUTE CANCELS NIELSEN SERVICE

    Indianapolis – Emmis Communications Corporation (Nasdaq: EMMS) has decided not to renew its contract with Nielsen Media Research for WTHI-TV in Terre Haute, Indiana when its current contract expires on Dec. 31, 2001. “We felt the price increases that Nielsen demanded were unjustified based on the service provided,” Vanessa Oubre, Vice President of Research for…

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