Basic Information:
Address:        EMMIS Communications
One EMMIS Plaza
40 Monument Circle, Suite 700
Indianapolis, IN 46204

Map to Location

Phone:  317.266.0100

Fax: 317.631.3750

EMMIS Web site

Mission Statement:
  Emmis Communications is a company that believes in taking risks and treating people well. They believe in giving their employees the tools they need to succeed. Emmis has won a reputation of being a fun company and one who keeps every employee feeling like part of the team. This is a company that encourages every employee to think outside the box and be creative, experimenting with their thoughts and to have contributions to the company. (Emmis)
Emmis Communications also has what they call "The Eleven Commandments of Emmis Communications" to keep their employees in top shape. (The Eleven Commandments)


Profile of Emmis Communications:
Emmis Communications owns and operates several radio, television, and magazine companies through out the United States. This company also donates millions of dollars worth of air time for not-for-profit  organizations to get their word out.  Doing so has made a difference in many communities.

Link to List of Emmis Entities

There is evidence that this company is a conglomerate because it owns several entities around the United States, some in radio, some in television, and some in magazines.
There is evidence of horizontal integration with this company because it owns several entities in each section of its company.  For example, Emmis owns six magazines.
There is some evidence of globalization with Emmis.  When going to their portfolio on their web site, their is a list of cities in Belgium where they do business.

Financial Data:
Annual Income: Feb. 2003- $646,157,000
Number of Employees: 3,000
Ticker Symbol: EMMS
Stock Exchange: Nasdaq
Current Stock Price, Stock Chart, and Current Market Cap
Link to Annual Report and 10-K
I believe this company's financial situation is stable and doing very well. The annual income dropped a little from 2002, but is still higher than in 2001.

History:
It all started when founder and chairman, Jeff Smulyan bought WSVL, a small FM station out of Shelbyville, Indiana. Smulyan turned this station into WENS and it is now a strong competitor in Indianapolis radio.  Smulyan then created the first 24 hour all sports radio station, New York City's WFAN. Emmis became the first company to have stations in LA and in New York be rated number one simultaneously. Emmis went on to own several stations in radio and television, as well as several magazines. (The Emmis History)

2002 Service to America Hubbard Award

Emmis Communications
Chairman and CEO Jeff Smulyan

Officers:
 Jeff Smulyan : 55,  Chairman and CEO. Owned two radio stations before Emmis. Resides in Indianapolis with wife and three children.

Rick Cummings : President of Radio Division, Graduated Magna Cum Laude from Butler University in 1973. Major in Radio/Television, Minor in Journalism.

Walter Berger : 48, Executive Vice President, Chief Financial Officer, and member of the Board of Directors of Indianapolis- based Emmis Communications Corporation.

Paul Fiddick : President of Emmis International, past Chairman of the Radio Advertising Bureau, and served two terms as director of the National Association of Broadcasters.

Gary Kaseff : Executive Vice President and General Council to Emmis, which he has held since 1998. Was President of the Seattle Mariners major league baseball team.

Randy Bongarten : President of Emmis Television, former President of Emmis International. Has held positions as Executive Vice President of both Operations and Emmis Radio Division.

Gary Thoe: 45, President of Emmis Publishing Division, has served in this position since Feb. 1998. Has bachelor's and master's degree in Chemical Engineering from Purdue University.

Plans:
Emmis is using the internet to upgrade their radio stations advertisements. Emmis Interactive has sites for all the radio stations Emmis Communications owns.
Letter to Shareholders

Key Competitors:
Clear Channel
Competitors in Radio
Other competitors can be found in the list of media companies to chose from on Professor Michael Gerhard's Tcom 101 class web site.

Recent News Stories:
Emmis Company Press Releases
Geoffrey Roth Named News Director
Emmis Announces Fourth Quarter Earnings
Emmis Profile by Hoover.com
Emmis Releases 3rd Quarter Earnings
Emmis Editorial Director Walks Fine Line


March 29, 2004
Lauren Peak