INDIANAPOLIS — Indianapolis-based Emmis Communications has entered an agreement to sell its Indianapolis radio stations to Maryland-based Urban One Radio.
The company announced the sale on Monday. The sale includes B105 (WYXB 105.7FM), HANK FM (97.1FM), The Fan (93.5FM and 107.5FM), WIBC (93.1FM) and Network Indiana.
“When Emmis launched our first station, WENS now HANK FM, in 1981, I never could have envisioned the journey we would go on," founder and chairman Jeff Smulyan said. "Indianapolis is my hometown, and I’m so proud of what we’ve been able to accomplish – we’ve become an invaluable contributor to the Indianapolis community, a leader of radio industry initiative and innovation, and a trusted resource for Central Indiana listeners and businesses."
Emmis Indianapolis Radio has 77 full-time and 50 part-time employees, all based in the company’s Monument Circle Headquarters.
The sale must go through FCC approval, which could take months.
-
Thousands gather for 'No Kings Day of Defiance' protest in Indianapolis
As President Donald Trump plans to celebrate his birthday with a military parade in Washington, D.C., thousands of protesters have gathered at the Indiana Statehouse for "No Kings Day of Defiance."
Game 4: Thunder rally to top Pacers 111-104 and tie Finals
The Oklahoma City Thunder rallied from a 10-point, second-half deficit to beat the Indiana Pacers 111-104 on Friday night and tie the NBA Finals at two games apiece.
Silver Alert issued for missing 76-year-old from Warrick County
Debra Bone, 76, is described as a white female, 5 feet 7 inches tall, 172 pounds, with gray hair and green eyes.
IPS helps recent grads stay on track after graduation
The goal is to prevent “summer melt” — an all-too-common trend where college-bound students fail to enroll in the fall despite being accepted and planning to attend.
