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.
-
Colorado man pleads guilty to exploiting 68+ minors nationwide
A Colorado man pleaded guilty to exploiting more than 68 children nationwide, including at least one Indiana victim. Ryan Lauless now faces life in prison.
James Whitcomb Riley School cafeteria manager inspiring students through art
At James Whitcomb Riley School 43, lessons don’t just happen in the classroom. Students are also discovering art in the cafeteria — thanks to a familiar face behind the lunch line.
Operation Indy Animals offers free spay, neuter services
Operation Indy Animals is a coalition of animal welfare organizations that create solutions to address and improve what is considered a crisis within shelters.
A look at the new IU Health downtown hospital
The new IU Health downtown hospital is currently under construction. The 16 story building will combine University and Methodist hospitals.
