I wanted to ask everyone on here....Is Emmis trying to exit the radio business? I read that they are selling their Indianapolis stations.
Looks like it's the end of the line for Emmis....They were a great company. I guess Smulyan wants to focus on other Emmis brandsSmulyan has been very honest and direct: They're getting out of radio:
Emmis Sold Its Last Cluster, But Still Has Some Radio Loose Ends.
Emmis Communications this week announced it was selling its Indianapolis cluster to Urban One in a transfer that will largely usher the Jeff Smulyan-led company out of the radio business.www.insideradio.com
They still own a few stations in NY, and they'll address them when the LMAs are up.
Looks like it's the end of the line for Emmis....They were a great company. I guess Smulyan wants to focus on other Emmis brands
I was thinking someone would take over the company....But I guess not.Plus he's 75 years old.
I was thinking someone would take over the company....But I guess not.
I have reason to believe that the new Latino Media Network backed by Soros is engaged in negotiations for a "bunch" of stations like WLIB.The Insideradio article mentions that Emmis will probably hold on WEPN 98.7 till at least 2024, because they continue to lease it to Good Karma under a LMA that extends for a couple more years, It also reaffirms that they are trying to sell WLIB 1190 AM. As the owner of WABC has indicated he wants to buy a station for a nostalgia music format, maybe he'll pick it up?
That’s interesting. Might they use some of the FMs they recently picked up for that? For instance LMN is buying both an AM and FM in DFW from Univision.I have reason to believe that the new Latino Media Network backed by Soros is engaged in negotiations for a "bunch" of stations like WLIB.
It appears that they want to have progressive talk voices for both the Hispanic and Black communities and/or for the English Dominant and Spanish Dominant Hispanic communities. So, they are looking for two stations in each market in the top Hispanic markets.
That FM is about as useful as a surfboard in Prudhoe Bay.That’s interesting. Might they use some of the FMs they recently picked up for that? For instance LMN is buying both an AM and FM in DFW from Univision.
Emmis sold them a while back. They are now owned by MediaCo. Emmis is a stakeholder in the company, but they do not own Hot or BLS. The only stations Emmis still owns are WEPN and WLIB.Who will but WBLS and Hot 97? Let's hope new owners won't change their formats, they are iconic stations in NYC. Do you think 98.7 will become another format if brought? Could the current companies operating the LMA with Emmis buy the stations outright or is that not allowed?
Iconic schmiconic im not hoping for that since i dont listen to either.Who will but WBLS and Hot 97? Let's hope new owners won't change their formats, they are iconic stations in NYC.
I personally find it doubtful that GKB will end up retaining 98.7 after the current lease runs its course. Much more likely it ends up going to MediaCo (or whatever successor or acquirer ends up with those assets in 2 or 3 years) or SBS.