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Emmis Communications Corp (EMMS.OQ)

EMMS.OQ on NASDAQ Stock Exchange Global Select Market

4.89USD
19 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Emmis Announces Agreement To Form New Public Company With Standard General
Monday, 1 Jul 2019 

July 1 (Reuters) - Emmis Communications Corp ::EMMIS ANNOUNCES AGREEMENT TO FORM NEW PUBLIC COMPANY WITH STANDARD GENERAL.EMMIS COMMUNICATIONS CORP - EMMIS WILL RECEIVE $91.5 MILLION IN CASH, A $5 MILLION NOTE RECEIVABLE, AND 23.72% OF COMMON EQUITY OF MEDIACO..EMMIS COMMUNICATIONS CORP - NEWLY FORMED MEDIACO HOLDING TO PURCHASE NEW YORK'S WBLS AND HOT 97 FROM EMMIS.EMMIS COMMUNICATIONS CORP - MEDIACO WILL BE A PUBLIC COMPANY EXPECTED TO BE LISTED ON NASDAQ, AND EMMIS WILL REMAIN A SEPARATE PUBLIC COMPANY, AS WELL..EMMIS COMMUNICATIONS CORP - EMMIS WILL RECEIVE $91.5 MILLION IN CASH, A $5 MILLION NOTE RECEIVABLE, AND 23.72% OF COMMON EQUITY OF MEDIACO.EMMIS COMMUNICATIONS CORP - WILL DISTRIBUTE THIS COMMON EQUITY OF MEDIACO PRO RATA TO ITS SHAREHOLDERS IN A TAXABLE DIVIDEND.EMMIS COMMUNICATIONS CORP - EMMIS WILL DISTRIBUTE COMMON EQUITY OF MEDIACO PRO RATA TO ITS SHAREHOLDERS IN A TAXABLE DIVIDEND..EMMIS COMMUNICATIONS CORP - JEFF SMULYAN WILL BE CHIEF EXECUTIVE OFFICER OF MEDIACO.EMMIS COMMUNICATIONS CORP - EMMIS WILL REMAIN ACTIVE IN MANAGEMENT OF WBLS AND HOT 97.EMMIS COMMUNICATIONS CORP - JEFF SMULYAN WILL CONTINUE TO SERVE AS CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF EMMIS.EMMIS COMMUNICATIONS CORP - STANDARD GENERAL WILL APPOINT A MAJORITY OF BOARD OF DIRECTORS OF MEDIACO.EMMIS COMMUNICATIONS CORP - STANDARD GENERAL WILL APPOINT A MAJORITY OF BOARD OF DIRECTORS OF MEDIACO.  Full Article

Emmis To Sell Controlling Interest In Austin Radio Cluster for $39.3 Mln
Monday, 10 Jun 2019 

June 10 (Reuters) - Emmis Communications Corp ::PRESS RELEASE - EMMIS REACHES AGREEMENT TO SELL CONTROLLING INTEREST IN AUSTIN RADIO CLUSTER.EMMIS COMMUNICATIONS CORP - DEAL FOR $39.3 MILLION.EMMIS COMMUNICATIONS - TO SELL ITS 50.1% CONTROLLING INTEREST IN AUSTIN RADIO CLUSTER TO SINCLAIR TELECABLE.  Full Article

Emmis Reports Q2 Diluted Net Loss Per Common Share Of $0.03
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Emmis Communications Corp ::EMMIS ANNOUNCES SECOND QUARTER EARNINGS.EMMIS COMMUNICATIONS CORP - QTRLY DILUTED NET LOSS PER COMMON SHARE $0.03.EMMIS COMMUNICATIONS CORP QTRLY TOTAL NET REVENUES $32.1 MILLION VERSUS $42.8 MILLION.  Full Article

Emmis Communications Says Unit Entered Employment Agreement With CEO Jeffrey Smulyan, With Base Salary Of $1.03 Mln Through Feb 28, 2019
Tuesday, 3 Jul 2018 

July 2 (Reuters) - Emmis Communications Corp ::EMMIS COMMUNICATIONS - UNIT ENTERED EMPLOYMENT AGREEMENT WITH CEO, JEFFREY SMULYAN, WITH BASE SALARY OF $1.03 MILLION THROUGH FEB 28, 2019 - SEC FILING.  Full Article

Emmis Communications Reports Qtrly Earnings Per Share Of $0.99
Thursday, 10 May 2018 

May 10 (Reuters) - Emmis Communications Corp ::EMMIS ANNOUNCES FOURTH QUARTER AND FULL-YEAR EARNINGS.EMMIS COMMUNICATIONS CORP - EMMIS' RADIO NET REVENUES FOR FOURTH FISCAL QUARTER WERE $28.4 MILLION, DOWN FROM $34.0 MILLION.EMMIS COMMUNICATIONS CORP QTRLY EARNINGS PER SHARE $0.99.  Full Article

Emmis Qtrly Loss Per Share $0.02
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Emmis Communications Corp ::EMMIS COMMUNICATIONS CORP - QTRLY LOSS PER SHARE $0.02.EMMIS ANNOUNCES THIRD QUARTER EARNINGS.EMMIS COMMUNICATIONS CORP - QTRLY TOTAL NET REVENUES $35.3 MILLION VERSUS $56.3 MILLION.  Full Article

Emmis announces Q2 earnings pro forma radio revenues up 2 pct
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Emmis Communications Corp :Emmis announces second quarter earnings; pro forma radio revenues up 2%.Emmis Communications Corp - ‍Emmis' radio net revenues for second fiscal quarter were $41.8 million, compared to $46.0 million in prior year​.Emmis Communications Corp qtrly earnings per share $5.59‍​.Emmis Communications Corp qtrly total net revenues $42.8 million versus $58.8 million.  Full Article

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