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Items Tagged With: “Emmis”
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WBLS New York gets a boost in the latest weekly PPM results
The New York Times has a story about the latest weekly Arbitron PPM results, illustrating the impact of the loss of Emmis urban AC WRKS (Kiss FM) – and the subsequent ratings boost that one-time rival WBLS has earned since Kiss’ demise. The week covering April 26 to May 2 (which includes the first three days of the market without Kiss) shows that W…
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WEPN-AM NYC previews sports in Spanish on Flemington, N.J.'s 1040 AM
Listeners of Nassau’s 1040 in Flemington, N.J., are now hearing sports in Spanish, as a preview of what will happen in September at New York City’s WEPN-AM (1050). In a few months, Disney plans to cease simulcasting 1050 with a new FM signal at 98.7 it is leasing from Emmis. Read More
Emmis shareholders are set to vote on a reverse stock split at a special meeting
Officially, the topic is known on the agenda as “A reverse stock split using a conversion ratio in a range of between one-for-three and one-for-eight” for both the Class A and Class B shares. CEO Jeff Smulyan believes that will be enough to avoid another de-listing notice by the NASDAQ exchange. Read More
Jimmy Steal adds the corporate job of Digital Program Director for Emmis
Company veteran Steal, based in Los Angeles, says “We will be looking to every market to collaborate, invent, test and learn, as we work to grow our digital audiences.” Angie May-Cook is the VP of Emmis Digital, and she says "Jimmy will be charged with building a clear, measurable process for growing our digital audience and engagement with our li… Read More
Emmis is back in compliance with NASDAQ exchange rules
The "EMMS" stock is now trading above $1 a share, which solves the problem. Jeff Smulyan’s late-April announcements about the LMA of New York’s 98.7 to Disney/ESPN and the $10 million in proceeds from 98.7’s “Kiss” intellectual property boosted the stock price.
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First April PPMs include the final book for New York's urban AC WRKS
Emmis' "98.7 Kiss" finishes its existence on an up-note, and in the top five with age 6+ AQH shares. It moved from a February 3.7 to 3.8 to 4.0, for the Arbitron "April" survey period of March 31-April 27.
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"The New Emmis" finishes 6-1/2 years of transformation, says Jeff Smulyan
Emmis radio in the U.S. will be "great clusters in St.
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Final Listen: One Last “Kiss FM”
Last Thursday morning I was walking the dogs early when my colleague Tom Taylor called me on the cell to say we had a breaking news alert to do, which is not unusual. But then he said, “Are you ready for this?
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Emmis finds financial relief through another LMA. This one’s worth $8,435,000
From today's TRI Newsletter: Emmis, the company that needed to LMA out its 93.9 FM in Los Angeles, now leases out its full Class B 98.7 FM in New York City. ESPN Radio controlling owner Disney guarantees a 12-year LMA (local marketing agreement) of WRKS, with annual payments starting at $8,435,000 and rising 3.5% annually. Read More
ESPN-New York moves to 98.7, bumping urban AC "Kiss"
Complicated story involving Emmis, ESPN and the company that is taking over urban WBLS (107.5) and WLIB (1190). First, Emmis will LMA its WRKS/98.7 to ESPN.
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Grupo Radio Centro reports solid 1Q results, but is silent about Emmis
Grupo Radio Centro has served up its first-quarter 2012 financial results—although they contain no information about a high-profile deal could be in the works with Emmis in Los Angeles. The latter radio group recently sweetened its terms for Mexico’s Radio Centro to buy its Spanish hits KXOS (Exitos 93.9) in L.A., if it acts before March 23, 2013.… Read More
New HD Radio chip for smartphones is "a landmark", says Jeff Smulyan of Emmis
The Emmis CEO has spent years calling on wireless companies and manufacturers, urging their acceptance of first an FM chip in smartphones, and now an HD Radio chip. The chipset introduced at a noontime press conference at the iBiquity exhibit on the NAB Show floor isn't just for making smartphones smarter.
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Emmis takes a prototype HD Radio smartphone to the NAB Show in Las Vegas
Emmis CEO Jeff Smulyan has been meeting with smartphone makers and others in the wireless industry for several years, pitching them on the inclusion of an analog radio chip. But the ultimate goal was always to get an HD Radio chip stuffed into a phone.
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Emmis asks a court to rule against a “lock-up group” of preferred shareholders
Indianapolis-based Emmis went into court in Marion County, Indiana Friday, asking for a declaratory ruling. The move comes just ahead of next week’s special shareholder meeting. Read More
"Bugsy" adds duties at WRKS New York
At Emmis Urban AC WRKS (98.7 Kiss FM) New York, longtime on air personality Fred “Bugsy” Buggs adds APD duties. A New York radio veteran, Buggs has also worked at WRKS hip-hop sister WQHT (Hot 97) as well as rival WBLS. Buggs is also the morning show producer for the nationally syndicated Tom Joyner Morning Show heard on Kiss FM.
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To remain listed on NASDAQ, Emmis pursues a reverse stock split
Emmis is asking shareholders to authorize a range of between 1-for-3 and 1-for-8, to boost the stock price back above $1 a share and meet the minimum bid requirement. Emmis ("EMMS") closed Tuesday at 72 cents. Read More
Indiana Investor Timothy Stabosz acquires a 5.3% stake in Emmis
Stabosz reveals his new position in an SEC filing and takes the unusual step of laying out ideas that Emmis CEO Jeff Smulyan wants to hear. Those possibilities go all the way to "a sale or breakup of the company in whole or in part." Stabosz says with Emmis stock ("EMMS") trading around 70 cents a share, it "might be desirable to have the underlyin…
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Emmis receives the expected de-listing notice from NASDAQ
The last time Emmis stock ("EMMS") closed above $1 was July 29, 2011, and six months later, Emmis receives the de-listing warning from the stock exchange. It is no longer in compliance with NASDAQ's "$1 minimum bid price requirement", and says it has requested a hearing to make its case.
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Fresh Listen: WTHI (Hi 99) Terre Haute, Ind.
So is this a recipe for ratings gold? Spotlight new music a little more than the average medium/large-market Country station.
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Grupo Radio Centro reports quarterly revenues grew 2.4%
Expenses, pulled by "higher broadcasting expenses for KXOS, Los Angeles" and other factors, rose much faster than its revenues. Expenses were up 7.8%. Read More
