Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced results for its first fiscal quarter ending May 31, 2003. “Emmis’ performance continues to be the best in the industry – in both radio and television,” Jeff Smulyan, Chairman and CEO of Emmis, said. “We are encouraged by the first quarter numbers, and with such strong performance indicators, […]
Emmis Completes Purchase of Controlling Interest in Six Austin Radio Stations
Indianapolis…Emmis Communications Corporation (Nasdaq: EMMS) today announced that the company has purchased 50.1% of a six-station radio cluster in Austin, Texas in a cash transaction for approximately $105 million. Sinclair Telecable, Inc. owns the remaining 49.9% interest in the cluster. The radio stations involved are KLBJ-AM (590 News-Talk), KLBJ-FM (93.7 Rock), KGSR-FM (107.1, Adult Alternative), […]