Emmis Takes ‘A Step Back’ From Q1 Progress


In a conference call with investors yesterday following the early-morning release of its fiscal Q2 2017 earnings, Emmis Communications Chairman/CEO Jeff Smulyan gave two key reasons for a three-month period he repeatedly described as “disappointing.”

One dealt directly with Mother Nature. The other dealt with iHeartMedia, although the company was not mentioned by name during the 20-minute call.

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