Profile: Emmis Communications Corp (EMMS.O)

EMMS.O on Nasdaq

2.34USD
19 Sep 2014
Price Change (% chg)

$-0.13 (-5.26%)
Prev Close
$2.47
Open
$2.46
Day's High
$2.49
Day's Low
$2.34
Volume
78,371
Avg. Vol
98,631
52-wk High
$3.67
52-wk Low
$2.19

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Emmis Communications Corporation (Emmis), incorporated on July 17, 1986, is a diversified media company, principally focused on radio broadcasting. The Company owns 18 frequency modulation (FM) and three amplitude modulation (AM) radio stations in New York, Los Angeles, St. Louis, Austin (Emmis has a 50.1% controlling interest in Emmis’ radio stations located there), Indianapolis and Terre Haute, IN. One of the Company’s FM radio stations in Los Angeles and one of its FM radio stations in New York are operated pursuant to local marketing agreements (LMA’s) whereby third parties provide the programming for the stations and sell all advertising within that programming. In addition to its other domestic radio broadcasting operations, the Company owns and operates Network Indiana, a radio network that provides news and other programming to nearly 91 affiliated radio stations in Indiana. In June 2014, Emmis Communications Corp purchased a controlling interest in Digonex, a pricing company with clients including sports teams, retailers, cultural institutions, and entertainment companies.

In addition to the Company’s domestic radio properties, the Company also operates an international radio business and publishes several city and regional magazines. Internationally, the Company owns and operates national radio networks in Slovakia and Bulgaria. The Company’s publishing operations consists of Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, and Orange Coast.

Company Address

Emmis Communications Corp

SUITE 700
ONE EMMIS PLAZA, 40 MONUMENT CIR
INDIANAPOLIS   IN   46204
P: +1317.2660100
F: +1317.6845583

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