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Venture Capital
MEDIA (TRADITIONAL) | Radio
emmis.com

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Investments

30

Portfolio Exits

3

Partners & Customers

10

About Emmis Communications

Emmis Communications (NASDAQ: EMMS) is a diversified media company, principally focused on radio broadcasting. It develops and licenses TagStation, a cloud-based software platform that allows a broadcaster to manage album art metadata and enhanced advertising on its various broadcasts. It also develops NextRadio, a smartphone application that marries over-the-air FM radio broadcasts with visual and interactive features on smartphones.

Emmis Communications Headquarter Location

One EMMIS Plaza 40 Monument Circle, Suite 700

Indianapolis, Indiana, 46204,

United States

317-266-0100

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Emmis Communications Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Emmis Communications Rank

Latest Emmis Communications News

Emmis Announces Final Results of Tender Offer

Aug 11, 2022

08/11/2022 | 08:31am EDT Message : *Required fields INDIANAPOLIS, Aug. 11, 2022 /PRNewswire/ -- Emmis  Corporation (OTC: EMMS) ("Emmis") announced today the final results of its cash tender offer to purchase up to 1 million shares of its Class A common stock at prices of not greater than $3.75 nor less than $2.75 per share. The tender offer expired at 5:00 P.M., New York City Time, on Friday, August 5, 2022. Based on the final count by Broadridge, Inc., the Depositary for the tender offer, a total of 163,621 shares of Emmis' Class A common stock were properly tendered and not withdrawn. Emmis has elected to waive the condition that at least 250,000 shares be tendered. Therefore, in accordance with the terms and conditions of the tender offer, Emmis will purchase all of the shares tendered for an aggregate price of approximately $550,000, excluding fees and expenses relating to the tender offer. The shares to be purchased represent approximately 1.8% of the issued and outstanding shares of Emmis' Class A common stock and 1.5% of Emmis' total issued and outstanding equity, which includes the issued and outstanding shares of Emmis' Class B common stock. The shares purchased in the tender offer will be canceled by Emmis. After giving effect to the purchase and cancellation of the shares, Emmis will have 10,535,653 shares of common stock issued and outstanding consisting of 8,946,778 shares of its Class A common stock and 1,588,875 shares of its Class B common stock. Subject to applicable law, Emmis reserves the right to purchase additional shares of its Class A common stock in open market or private purchases at prices at or above $3.75 share. Shareholders who have questions or would like additional information about the tender offer may contact the Information Agent for the tender offer, Alliance Advisors, LLC, toll-free at (855) 325-6673. This news release contains, in addition to historical information, forward-looking statements related to the tender offer, including the timing, total number of shares to be purchased under the tender offer and the process for the tender offer. Such statements are based on management's current expectations and are subject to a number of uncertainties and risks, which could cause actual results to differ materially from those described in the forward-looking statements. Information about potential factors that could affect Emmis's business, results of operations and financial condition is included in the Risk Factors sections of the Offer to Purchase. All forward-looking statements included in this document are based on information available to Emmis as of the date of this document, and except to the extent Emmis may be required to update such information under any applicable securities laws, Emmis assumes no obligation to update such forward-looking statements. Emmis Corporation (OTC Markets: EMMS) currently owns 4 FM and 2 AM radio stations in New York and Indianapolis, as well as Indianapolis Monthly magazine. Emmis also owns a controlling interest in Digonex, which provides dynamic pricing solutions across multiple industries, and Lencore, the world leader in high-quality sound masking solutions for offices and other commercial applications. With its sale of most of its radio stations, Emmis recently changed its name from Emmis Communications Corporation to Emmis Corporation. Contact:

Emmis Communications Investments

30 Investments

Emmis Communications has made 30 investments. Their latest investment was in iBlast as part of their Unattributed VC - II on June 6, 2001.

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Emmis Communications Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/22/2001

Unattributed VC - II

iBlast

$10.2M

Yes

Other Investors

KLBJ-AM

Yes

Other Investors

WQHT-FM

Yes

Other Investors

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0

Other Investors

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0

Date

6/22/2001

Round

Unattributed VC - II

Other Investors

Other Investors

Other Investors

Other Investors

Company

iBlast

KLBJ-AM

WQHT-FM

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Amount

$10.2M

New?

Yes

Yes

Yes

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Co-Investors

Sources

0

0

Emmis Communications Portfolio Exits

3 Portfolio Exits

Emmis Communications has 3 portfolio exits. Their latest portfolio exit was Emmis Communications - Indianapolis Radio Cluster on June 14, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/14/2022

Divestiture

Emmis Communications - Indianapolis Radio Cluster

$99M

1

3/1/2017

Acquired - II

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$99M

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10

10/13/2016

Acq - Fin

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$99M

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10

Date

6/14/2022

3/1/2017

10/13/2016

Exit

Divestiture

Acquired - II

Acq - Fin

Companies

Emmis Communications - Indianapolis Radio Cluster

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

1

10

10

Emmis Communications Acquisitions

3 Acquisitions

Emmis Communications acquired 3 companies. Their latest acquisition was Lencore Acoustics on March 11, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/11/2020

$99M

Acquired

1

1/2/2000

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$99M

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0

1/28/1998

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$99M

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10

Date

3/11/2020

1/2/2000

1/28/1998

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

0

10

Emmis Communications Partners & Customers

10 Partners and customers

Emmis Communications has 10 strategic partners and customers. Emmis Communications recently partnered with Premiere on April 4, 2015.

Date

Type

Business Partner

Country

News Snippet

Sources

4/13/2015

Partner

1

6/28/2012

Vendor

United States

EMMIS COMMUNICATIONS ALIGNS WITH TUNEIN TO EXPAND TO NEW AUDIENCES - Emmis Communications Emmis Communications

PALO ALTO , Calif. & INDIANAPOLIS , Ind. , June 28 , 2012 -- TuneIn , a free service that lets people listen to music , sports , news and comedy from around the world , and Emmis Communications Corporation , one of the nation 's most respected diversified communications companies , today announced that Emmis Communications Corporation has selected TuneIn to broaden the reach of its 20 stations to the service 's more than 30 million monthly active listeners .

1

6/26/2012

Partner

United States

Cox Media Group And Emmis Communications Radio Stations Join iHeartRadio.

The collaboration will result in more choices and greater programming options for iHeartRadio users and a comprehensive , fully integrated digital listening service for Cox Media Group and Emmis Communications Corporation listeners ... Under the agreement , 86 Cox Media Group radio stations from 19 markets and 20 Emmis Communications Corporation radio stations from six markets will be available on the iHeartRadio platform wherever it is offered including the web , mobile devices and in automobiles .

1

9/22/2011

Partner

United States

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10

7/19/2011

Partner

United States

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10

Date

4/13/2015

6/28/2012

6/26/2012

9/22/2011

7/19/2011

Type

Partner

Vendor

Partner

Partner

Partner

Business Partner

Country

United States

United States

United States

United States

News Snippet

EMMIS COMMUNICATIONS ALIGNS WITH TUNEIN TO EXPAND TO NEW AUDIENCES - Emmis Communications Emmis Communications

PALO ALTO , Calif. & INDIANAPOLIS , Ind. , June 28 , 2012 -- TuneIn , a free service that lets people listen to music , sports , news and comedy from around the world , and Emmis Communications Corporation , one of the nation 's most respected diversified communications companies , today announced that Emmis Communications Corporation has selected TuneIn to broaden the reach of its 20 stations to the service 's more than 30 million monthly active listeners .

Cox Media Group And Emmis Communications Radio Stations Join iHeartRadio.

The collaboration will result in more choices and greater programming options for iHeartRadio users and a comprehensive , fully integrated digital listening service for Cox Media Group and Emmis Communications Corporation listeners ... Under the agreement , 86 Cox Media Group radio stations from 19 markets and 20 Emmis Communications Corporation radio stations from six markets will be available on the iHeartRadio platform wherever it is offered including the web , mobile devices and in automobiles .

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Sources

1

1

1

10

10

Emmis Communications Team

19 Team Members

Emmis Communications has 19 team members, including current Founder, Chief Executive Officer, Jeff Smulyan.

Name

Work History

Title

Status

Jeff Smulyan

Founder, Chief Executive Officer

Current

Jeffrey H. Smulyan

Founder, Chief Executive Officer

Current

Richard Cummings

President

Current

Taja M. Graham

President

Current

Alan Klein

President

Current

Name

Jeff Smulyan

Jeffrey H. Smulyan

Richard Cummings

Taja M. Graham

Alan Klein

Work History

Title

Founder, Chief Executive Officer

Founder, Chief Executive Officer

President

President

President

Status

Current

Current

Current

Current

Current

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